accounting income statement

Review financial statements for two years for Caribou Coffee and Fazer Group. Make a comparison of

• revenues;
• cost of good sold;
• accounts receivable; and
• accounts payable
• inventory

for the two years and show trends for all five categories for each company. Keeping the case analysis in mind, discuss and interpret the changes over the three year period. Which company is the best performer and why? How is this information useful to you from a managerial perspective? Explain your reasoning and support with the numbers you have pulled out for the comparison above. Don't forget to comment on the interaction of the balance sheet and income statement.