Question
Access one of the financial statement databases available on the internet and retrieve the most recent TWO (2) years financial statements of TWO (2) listed
Access one of the financial statement databases available on the internet and retrieve the most recent TWO (2) years financial statements of TWO (2) listed companies in any country of your choice. Answer the following: a) Compute the following ratios for the most recent two years: i) Current ratio ii) Acid test ratio iii) Account receivables turnover ratio iv) Inventory turnover ratio v) Fixed assets turnover ratio vi) Total assets turnover ratio vii) Times interest earned ratio viii) Debt-to-assets ratio ix) Gearing ratio x) Gross profit margin xi) Operating profit margin xii) Net profit margin xiii) Return on assets xiv) Return on equity xv) Average collection period
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