Lucent Technologies Axia College of University of Phoenix
Lucent Technologies is a company based on networking for service providers, government, and enterprises worldwide (Lucent Technologies, n.d., Para 1). The products and services they work with are separated into three categories; service and maintenance, wireless mobility networking, and wire line networking. Lucent Technologies is backed by Bell Labs, which does research and development in networking technologies. During the years of 2001 to 2003 this company has experienced a decrease in demand because of other companiesâ€™ loss or capital used toward spending. This is mainly due to a downturn in the economy. As an investor this information is necessary to know because it explains the decrease or increase in sections of the balance sheet. In order to compare the growth or decline of the companyâ€™s profit, an investor must change a balance sheet into a common-size balance sheet.
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