This is a Thunderbird Case Study. Anna Amphlett, a financial analyst at the Textron Corporation, has been asked by the accountant to benchmark the company's recent financial performance against competitors in the aerospace and defense industry. Top management intends to evaluate the functionality of the business's supply chain and its future working capital requirements.
Top management is especially interested in understanding the business's sizeable investments in net working capital over precisely the same period, although Textron experienced notable stock price increase in the last five years. In benchmarking the performance of Textron, Amphlett must also consider what to do about accounting method differences across firms in the aerospace and defense business, since they may have a significant effect on the interpretation of differences in performance that is reported.
Textron Corporation-Benchmarking Performance case study solution
PUBLICATION DATE: September 09, 2008 PRODUCT #: TB0043-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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