A Study on Multi-Variate Financial Statement Analysis of Amazon and eBay

Abstract

There are mainly three financial statements for any companies which are compulsory for every company to prepare and maintain globally including Balance sheet, Income statement and Cash flow statement. To make the information useful to all stakeholders, one needs to analyze them by using financial analysis tools. In this study tools like Ratio analysis, Common Size statement analysis, Trend analysis and Du-pont analysis have been used to find out financial performance of the two leading Ecommerce players Amazon and eBay for three years 2016-2018. Based on data obtained after performing Annova Test, suggestions are given for improving effectiveness of the company.