Select a large, well-known company and access its annual report online. In the annual report of the company you have chosen, find the four basic financial statements and the notes to the financial statements. Perform a liquidity analysis, including the calculation of working capital and the current ratio. Perform a profitability analysis, calculating profit margin, asset turnover, return on assets, debt to equity ratio, and return on equity. Be prepared to present your findings in class.

Group Activity Case Qualitative Characteristics of Accounting Information