1. select a company from those highlighted in the SIC Portfolio Nov2017.pdf file posted on Canvas. (I choose FEDEX)

2. Go to http://finance.yahoo.com/.

3. Enter your companys ticker symbol in the search box and click Search.

4. Locate your companys most recent stock price at the top of the screen.

5. Under Financials, click on Income Statement and then Annual.

6. Print the annual income statements for the last three years.

7. Under Financials, click on Balance Sheet and then Annual.

8. Print the fiscal year end balance sheets for the last three years. You are going to Attach the printed Annual Income Statement and Annual Balance Sheet pages to the analysis report and submit the package to the instructor at the beginning of the class when it is due.

Based on the financial statements collected, you are going to conduct a simple ratioanalysis by comparing this companys key financial ratios with industry benchmarks. Industry benchmark financial ratios can be found at the FACTIVA database, which is accessible through SUs Smith Library. We will focus on the most recent fiscal year available (i.e., year 2016 or 2017).

The analysis involves two steps.

1. Complete the worksheet attached to this document on the next page. To find industry benchmark ratios, please access the Factiva database via Smith Library website, hover your cursor over Companies/Markets, then click on Industry. Select the industry that applies. Find industry benchmark ratios from the Industry Averages and Ratios section. All the financial ratios for the company youve picked need to be calculated.

2. Based on the comparison of financial ratios, briefly evaluate the companys performance/financial health in the latest fiscal year from the five perspectives of liquidity, financial leverage, asset management, profitability, and market value. Use Du Pont analysis in your interpretation of the companys ROE. You may also comment on the companys stock performance in 2016/2017, too. Please attach the worksheet and the companys financial statements to your analysis. Your analysis itself (excluding the worksheet and other attachments) should not exceed two pages.

Comparison of FedExs Financial Ratios with Industry Benchmark Company Industry Ratio Additional Comments Year 2016/2017 Formula Benchmark |Evaluation Liquidity Current Ratio Financial Leverage Asset Management Inventory Turnover Total Asset Turnover Profitability Net Profit Margin ROA ROE Market Value P/E ratio