Financial Accounting 504 Final Project
Financial Accounting 504 23-Jun-13 Professor Chung Oracle v Microsoft Final Course Project
As noted in Wikipedia Oracle is headquartered in Redwood, California. It was founded in 1977 and is the world's third largest soft wear developer in sales. According to Yahoo Finance Oracle is a multi-faceted operation. Oracle provides a vast amount of services for the internet and computer. It provides cloud applications, IT consulting services, licenses middleware software which includes database and database management. It has 115,000 full time employees and is run by co-founder, CEO Larry Ellison who has been the only CEO of the company since it's inception. Also noted in Wikipedia he is the top paid CEO in the world. In 2013 Oracle currently has an operating cash flow of 13.72B with revenues of 37.15B which can be found in Yahoo Finance.
Microsoft is a leading software company started by Bill Gates and Paul Allen in 1975. The company's headquarters is located in Redmond, Washington where like Oracle it develops, licenses, manufactures and support a wide range of computing sources, as documented in Wikipedia. Yahoo finance reports that in addition to licensing and manufacturing software over the globe it also designs hardware and has recently entered into the hardware industry with it's new tablet. It also has a entertainment division which is responsible for the manufacturing of Xbox360 gaming and consoles, Kinect for Xbox and video games among other products. It has a total of 94,000 full time employees and can be credited for creating 3 billionaires and 12 millionaires from the company's operations. Microsoft currently has a cash flow of 73.79B with revenues of 76.01B for 2013.
Interpretation and Comparison between the two companies' ratios (Reading the Appendix of Chapter 13 will help you prepare the commentary) Oracle Corporation Microsoft Corporation
Earnings per share
As given in the income statement
$1.69
Basic Common
$2.73
Microsoft
As noted in Wikipedia Oracle is headquartered in Redwood, California. It was founded in 1977 and is the world's third largest soft wear developer in sales. According to Yahoo Finance Oracle is a multi-faceted operation. Oracle provides a vast amount of services for the internet and computer. It provides cloud applications, IT consulting services, licenses middleware software which includes database and database management. It has 115,000 full time employees and is run by co-founder, CEO Larry Ellison who has been the only CEO of the company since it's inception. Also noted in Wikipedia he is the top paid CEO in the world. In 2013 Oracle currently has an operating cash flow of 13.72B with revenues of 37.15B which can be found in Yahoo Finance.
Microsoft is a leading software company started by Bill Gates and Paul Allen in 1975. The company's headquarters is located in Redmond, Washington where like Oracle it develops, licenses, manufactures and support a wide range of computing sources, as documented in Wikipedia. Yahoo finance reports that in addition to licensing and manufacturing software over the globe it also designs hardware and has recently entered into the hardware industry with it's new tablet. It also has a entertainment division which is responsible for the manufacturing of Xbox360 gaming and consoles, Kinect for Xbox and video games among other products. It has a total of 94,000 full time employees and can be credited for creating 3 billionaires and 12 millionaires from the company's operations. Microsoft currently has a cash flow of 73.79B with revenues of 76.01B for 2013.
Interpretation and Comparison between the two companies' ratios (Reading the Appendix of Chapter 13 will help you prepare the commentary) Oracle Corporation Microsoft Corporation
Earnings per share
As given in the income statement
$1.69
Basic Common
$2.73
Microsoft