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Posted: July 14th, 2022
Financial Statements
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Financial Statements
The selected companies include Amazon Inc. and Tesla Inc. The two companies were selected since they are progressive in providing career growth opportunities for their employees. Companies investing in technology have an opportunity to grab future growth. For instance, Amazon generated $121 billion in 2021 (Garcia, 2021) while Tesla made $31.5 billion in America alone (Qin et al., 2021). Tesla had a 28 percent growth rate compared to the previous year. Amazon had a 35 percent growth rate compared to the previous year (Garcia, 2021). The analysis shows that the company has been experiencing growth despite the pandemic. Major companies have undergone diverse challenges leading to low profits. However, Amazon was at a vantage point due to the increased deliveries in the country and globally. Tesla has been manufacturing electric cars whose uptake in the market has increased. Prevailing discussions about climate change have led to higher sales of electric cars.
The financial analysis of the companies would help make some decisions about buying stocks and accepting employment offers. The reason for buying stocks is that the companies are growing at an impressive rate. The impressive performance shows that the companies have a low risk of shutting down or retrenching the employees. Buying stocks means there is a better chance to make a profit due to the low risk of making losses.
References
Garcia, V. (2021). Examining the Impact of Selling on Amazon on the Revenue growth of MSEs in the US. International Journal of Contemporary Financial Issues, 1(1), 28-38.
Qin, Y., Xiao, Y., & Yuan, J. (2021, September). The Comprehensive Competitiveness of Tesla Based on Financial Analysis: A Case Study. In 2021 International Conference on Financial Management and Economic Transition (FMET 2021) (pp. 462-469). Atlantis Press.
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