Date of Award

Fall 12-15-2022

Document Type

Project (696 or 796 registration)

Degree Name

Master of Science in Accounting & Finance


Graduate Studies

Committee Chair

Mohamed Elbannan


The main company that I chose to research and analyze is NorthWestern Corporation. NorthWestern is an energy producer and distributor that supplies both electricity and natural gas to the states of South Dakota, Montana, and Nebraska. NorthWestern was founded in 1923 in Sioux Falls, South Dakota. The benchmark company that I chose was MGE Energy. MGE Energy is another energy producer and distributor of electricity and natural gas in the state of Wisconsin. MGE Energy was founded in 2001 in Madison, Wisconsin. I was able to obtain the most recent six fiscal years for both firms and analyze them in a financial analysis worksheet. This allows me to determine that NorthWestern Corporation is financially sound firm.



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