Merck Analysis

Individual Week Five Assignment Merck Business outline area II Sally Petersen MGMT 521 October 31, 2011 Richard Bowman Merck & axerophthol; Co., Inc. is champion of the largest pharmaceutical companies in the world. They mother prescription medications for people and animals, vaccines, and consumer billing products. They sell their products to drug wholesalers, retailers, the political science and hospitals. Merck & Co., Inc. has a large number of pharmaceuticals on the foodstuff as advantageously as in the revealment dress as they are wiz of leading research impelled companies in todays market (Merck, n.d.). Todays Merck & Co., Inc. was created when the superior Merck integrate with Schering-Plough in 2009. Merck & Co. Inc. started as a branch of the original German Merck which now does ancestry under the name of Merck KGaA. The foundations of these 2 companies started in 1668 and 1851 respectively. (Hoovers ships phoner Information , 2011). Through research and tuition and intelligent mergers, Merck has climbed the ladder to success. xi months ago November 2010, the corporation named Kenneth Frazier as their Chief Executive Officer. Frazier vowed to develop innovative products and sum up sales in emerging markets in his new contain (Randall, 2010). This paper will analyze the companys financial health by comparison to two other companies that get by with Merck. To do this, we will look at the financial statements of Merck and slightly of their competitions. Income Statement Review The income statement of a company summarizes revenues, follow of goods, and expenses (including taxes), for a specific period and highlights the total clams or loss the firm experienced during that period (Nickels, McHugh, & McHugh, 2010, pp. 464). Mercks Income Statement from the last three years (2010, 2009, 2008) shows an maturation in revenue from 23,850 million dollars in 2008 to 45,987 million in 2010. This is an increase of 192%. The cost of! goods rose 329% from 5582...If you want to get a unspoiled essay, order it on our website: OrderCustomPaper.com

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