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Essay / Analysis of United Technologies Corporation - 1684
Analysis of United Technologies CorporationUnited Technologies Corporation, UTC, was founded in 1934 as United Aircraft Corporation and has since become a global leader in the aerospace industry. UTC is a diverse and multi-faceted company, comprised of both an aerospace division and a buildings and industrial systems division. The Aerospace segment includes: Pratt Whitney, UTC Aerospace Systems and Sikorsky helicopters. The industrial side includes: Otis, Carrier and Kidde. Having such a diverse and global business mix brings both stability and cross-functional talent to every business unit across the globe. With more than 200,000 employees worldwide, UTC has a diverse and uncompromising workforce. The financial data that has been analyzed will conclusively show how healthy UTC's business is. The data will show areas that are making efforts and others that may be lacking. It is imperative to examine multiple time periods to gain a true understanding of the trends that are occurring. Overall Financial Health of UTCThe financial health of a publicly traded company is used by potential investors looking to add value and profit to their portfolio. . One can obtain this data from many different sources such as those used in this article. The Securities and Exchange Commission, SEC, was founded to help protect investors by requiring, by law, that publicly traded companies provide credible and relevant financial data to the public. There are also many online sites such as YahooFinance.com that anyone with Internet access can use to research businesses. Accessing this financial data is the easy part, interpreting it is another matter. There are many ways to compile this data, such as common size analysis (hor...... middle of paper ......Western Cengage Learning. ISBN 13: 9781133188797 United States Security and Exchange Commission. ( 2014). Retrieved from http: //www3 .valueline.com/dow30/f9345.pdfYahoo Finance (2014). .Retrieved from http://finance.yahoo.com/q/cf?s=UTX+Cash+Flow&annualYahoo Finance. ?s=UTX+Income+Statement&annualYahoo Finance (2014) Retrieved from http://finance.yahoo.com/ q/sec?s=UTX+SEC+Deposits.