An investor has approached you about whether purchasing stock in the company would be a wise investment. Using your financial analysis of the company, you will send a letter to the investor summarizing your findings and explaining whether you recommend a stock purchase at this time. Refer to the "Annual Reports for Approved Companies" located in the course materials. You will use information in the Form 10-K to do this assignment. Using the correct formulas and a separate tab for each analysis, calculate the following ratios using Excel

You will use information in the Form 10-K for the company you selected in the Topic 1 to do this assignment. Using the correct formulas and a separate tab for each analysis, calculate the following ratios using Excel:

1. Three liquidity ratios for the past 2 years
2. Three solvency ratios for the past 2 years
3. Three profitability ratios for the past 2 years