AT&T, Inc and Micron Technology: Comparing Financial Statements
Financial statements inform users about the financial position of a company. In this paper, the similarities and differences between AT&T Inc and Micron Technology are present upon comparison of their financial statements (AT&T, 2011: Micron Technology, 2011). Whereas AT&T Company operates in the telecommunications industry, Micron technology deals in the semi-conductors industry. A number of similarities were observed from their financial statements. First, both Companies presented consolidated financial statements. Both of them have subsidiaries and affiliates and are therefore compelled to provide financial statements that consolidate the financial information from all the entities. Two, for each of the Companies, ...
