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Public Trade Companies Bsa 500 Week 4

In: Computers and Technology

Submitted By vic6369
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This economy is quit competitive and to demonstrate that the most competitive companies need to always be innovated to maintain their current position here are these four different companies. These four companies are totally unique and have a different profile. The companies are: Portage Credit Union; WHOLESALE FOOD MARKET INC.; Con-Way Freight Trucking Company, Ford Motors. The Financial service publicly traded company; Portage Credit Union, is a company that peruses excellence in serving the best interests of our members and community. It provided competitive products, offers alternative service delivery channels suited to members needs and applies business principles to decision-making, all this can be reflected in their balance sheet as at December 31, 2010. They compare two years 2009 with 2010. This company reflects that their assets have increased from 2009 to 2010 in $7,154,269.00; this also reflects that for the year 2010 there was an increase in their current liabilities of a total of $6736, 496.00; however there was a significant increase in the members share and the retain surplus (Portage Credit Union, 2010). The Fine Food Company is been represented by WHOLESALE FOOD MARKET INC, is a certified leading Organic, natural food supermarket. It has 299 stores operating within the United States of America, Canada, and the United Kingdom. But in order to still be one of the leading companies WHOLESALE FOOD MARKET has had to be innovated and very determined to take over the market, in its income statement that contrasted the years 2009 and 2010 we can appreciate the growth of this company within a year period. Its gross profit was approximately $3.14 billion and $2.71billion in the fiscal years 2010 and 2009 respectfully (Wholefoodsmarket, 2010). This reveals that the company was going and improving its sales, by taking advantage of the market. The trucking company, Con-way Freight Tracking Company, is an industry that deals with transportation and logistics industry. It operates national and internationally, it has been very well recognized by the people of the United States of America and it shows that in the fourth quarter of 2011, Con-way Freight reported revenue of 796.2 million which was a 8.2 percent increase over the 2010 fourth quarter revenue. And its operating income was 19.6 million as to what they earned in 2009, which was 1.8 million (Con way Freight). This provided a great revenue improved and great income/profit outcome. The manufacturing company, a company that manufactures a great ordeal of likeness to us, which is vehicles: Ford Motors Company; a leading brand in cars, trucks and SUV’s. Ford is a company that deals with efficiency and safely. This is a company, whose products are in constant innovation and constant depreciation, with each new model the previous model depreciates. It is important to note that Ford Motors accumulated depreciation compared to 2011 and 2012, it has a of $1,026 million decrease; as oppose to the constant increase since December 2008. And their balance sheet profit was 178,348 million marking a increase of 13,661 million to last year’s balance sheet profit (Ford Motors Company, 2007-2012). These four companies have increased their profits and maintained there standards within the completive market. They have been vigilante in the marketing of their product and service and made sure that it was reflected on their current income statement and balance sheet.

References
Con way Freight. (n.d.). www.con-way.com. Retrieved June1 , 2012, from Con-way: http://www.con-way.com/investor_docs/opstats/2012/1Q12_earnings_release_operating.pdf
Ford Motors Company. (2007-2012). www.hotstocked.com. Retrieved June 1, 2012, from hotstocked: http://www.hotstocked.com/companies/f/ford-motor-company-F-balance-sheet-58078.html
Portage Credit Union. (2010). http://www.portagecu.mb.ca. Retrieved May 30th, 2012, from http://www.portagecu.mb.ca: http://www.portagecu.mb.ca/data/6/rec_docs/9083_PCU%202010%20Annual%20Report%20-%20PDF%20Cond.%20Version.pdf
Wholefoodsmarket. (2010). www.wholefoodsmarket.com. Retrieved May 30th, 2012, from wholefoodmarket: http://www.wholefoodsmarket.com/company/pdfs/ar10.pdf

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