Answer the questions in a formal type of paragraph paper. Do the template (math part) in excel. No need to do the power point, just a formal write-up of answering the appropriate questions and do the calculations in excel file.
Pages do not matter, as long as questions are answered properly from the websites given.

Entrepreneurial Finance — Project 1

Dr. Wei Feng

You can work in groups. There can only be two or less members for each group.
1. Select two firms from the same industry, one with at least 20-year history and the other with at most 10-year history since its listing. Since the financial information of private ventures is usually not easily available, you can focus on public listed companies. Examples of such pairs include McDonald’s vs Shake Shack, Ford vs Tesla.
o Old company: WALMART
o New company: TARGET

2. Compare the business environment and operation of the two firms.

3. Following the included template and collect following financial indicators for the latest year. The information is available through Morningstar.com.

4. Compare the financial ratios of the two firms and explain the differences between their financial ratios. Hint, we can focus on how financial ratios change through different stages in life cycles.

5. Which stock would have a better investment value, the new company or the established one? Explain you reasoning.

Others requirements and resources:

1. Please organize your findings in a PPT presentation (nor 10 pages).
2. Prepare the PPT file for presentation.
3. Industry list: http://www.investorguide.com/industry-list.php
4. Sources of financial statements include: morningstar.com

Template for financial ratio collection