Comparative Analysis of Enron and WorldCom

Abstract: A 10 page paper providing vertical and horizontal analyses of Enron and WorldCom financial statements of 1999 and 2000, as well as several financial ratios including current ratio, debt/equity ratio and quick ratio, among others. The purpose here is to examine the balance sheets and income statements of Enron and WorldCom in 1999 and 2000 to determine what the companies could have done differently and which would have been the better investment before their respective falls. The paper concludes that despite the better apparent performance of Enron, WorldCom would have been the better investment. WorldCom was merely mismanaged; Enron set out to defraud investors. Bibliography lists 10 sources. Includes 4 tables.

Filename: KSacctEnrWorldC.rtf

Pages: 10

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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