The purpose of this assignment is to help students gain a better understanding of the financial statements used for corporate financial reporting and the key ratios used to make business decisions.
Assignment Steps
Select a Fortune 500 Company from one of the following industries:
Review the balance sheet and income statement in the company’s 2015 Annual Report.
Calculate the following ratios using Microsoft® Excel®:
Note: All ratios must be calculated in Excel. Clearly labelled source financial statements must also be provided in Excel using separate tabs. All calculations must be traceable back to the source financial statements. Any deviation from these instructions will result in zero points awarded for the ratios.
Analyze in 1,050 words why each ratio is important for financial decision making.
Submit your analysis as well as your calculations.
Click the Assignment Files tab to submit your assignment.