Financial statements used for corporate financial reporting and the key ratios used to make business decisions.
Select a Fortune 500 Company from one of the following industries:
- Computer Hardware
STEP 1 (SUBMIT AS AN EXCEL SPREADSHEET)
Review the balance sheet and income statement in the company’s 2015 Annual Report.
Calculate the following ratios using MicrosoftÂ® ExcelÂ® . Make sure you show your work as no work equates to no credit.
- Current Ratio
- Quick Ratio
- Debt Equity Ratio
- Inventory Turnover Ratio
- Receivables Turnover Ratio
- Total Assets Turnover Ratio
- Profit Margin (Net Margin) Ratio
- Return on Assets Ratio
STEP 2 (SUBMIT AS A WORD DOCUMENT IN APA FORMAT)
Explain in 1,050 words why each ratio is important for financial decision making for your chosen company. Make sure you incorporate your final answers within your discussion.
Minimum required references include chosen firm’s webpage for their 2015 Annual Report.