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Question: United Parcel Service, Inc., is the world's largest package delivery company. Condensed income statement information for three recent comparative years is as follows:

The average total assets of United Parcel Service, Inc., for comparative years were as follows:

2004 2003 2002

Average total assets $62,760 $56,091 $50,993

1. Prepare comparative income statements with vertical analysis for all three years. Round to one decimal place.

2. Calculate the DuPont formula for the three comparative years. Round to one decimal place.

3. Analyze the company's performance trend for the three comparative years, using the information in parts (1) and (2).

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92336513

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