UC Bears has performed better financially than other two companies. The reason is, it has a high percentage of growth on revenues and net income consistently for every year. Then comes UC Lions, and then UC Pioneers. Although UC Lions’ net income in the year of 2005 and 2006 declined tremendously, the company was able to catch up in 2007 with 300% increased. On the other hand, UC Pioneers growth of change on net income is decreasing over the years. Especially at year 2007, its net income reached 0%. What I can say about this phenomenon is that there could be an increase in cost of goods sold, expenses, borrowing interest, tax or a decrease in allocated asset/resource value.