Compare the Audi and Volvo companies. Go to each firm's Web site, and then access and download their annual reports (financial statements). Using the accounting data from the firms' financial statements and the ratios studied in Chapter 9 of the textbook, calculate all ratios for each firm (liquidity ratios, activity ratios, profitability ratios, leverage ratios, and coverage ratio). Analyze and compare your calculations for the two firms.

Audi financial report-

http://www.audi.com/content/dam/com/EN/investor-relations/financial_reports/annual-reports/ar2016-financial-statement.pdf

Volvo finanical report-

http://www.volvogroup.com/content/dam/volvo/volvo-group/markets/global/en-en/investors/reports-and-presentations/annual-reports/annual-and-sustainability-report-2016.pdf