In Exercise 1-1, you were asked to obtain a recent annual report of a company that you
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Required:
a. Please locate the five-year (or longer) selected financial data (usually in the management discussion and analysis section of the annual report), or use your focus company’s income statement and balance sheet data to calculate as many of the following ratios and results as possible:
1. Working capital
2. Current ratio
3. Margin
4. Turnover
5. ROI
6. ROE
b. Briefly describe your perception of your focus company’s liquidity and profitability based on your calculation and review of these ratios and results.
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Related Book For
Accounting What the Numbers Mean
ISBN: 978-0078025297
10th edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele
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