Corporate finance

Essay on Corporate Finance Introduction

This report is intended to compare the financial ratios of the two companies . They are Colgate-Palmolive Company (Colgate for brevity and The Clorox Company . The purpose of the comparison is to evaluate the companies ' financial performance , their evolution , and their present status . These analyses will also help the management to make wise decisions to improve their business operations , and consequently make their businesses more stable and successful

I chose The Clorox Company and Colgate-Palmolive because both sell the same product type closely related to daily

household needs . The Clorox Company uses the fiscal year ending - June 30 , while Colgate Palmolive uses the calendar year

Company Background

William Colgate started his business in the early 19th century in small soap and candle business in New York City which later turned into a global company serving hundred millions of consumers all over the world The company attributed its success to its core values of caring , global teamwork and continuous improvement . These values and efforts increased its shareholders ' return . They guided them in their efforts to create a workplace where people respect each other and act with integrity (Mark 2008

On the other hand , The Clorox Company was founded by an unlikely group of five . The founders were a banker , a bookkeeper , a lawyer , a miner and a supplier of wood and coal . Among the five , only one has a practical knowledge in chemistry . As it is now known , it has grown to become a worldwide manufacturer and...