Consider and respond to each of the following:

Go to finance.yahoo.com

Use the search box at the top and search for any publicly-traded company that you are interested in.

Select "Financials" to see the company's most recent Income Statement, Balance Sheet, and Statement of Cash Flows

Calculate the following ratios for your selected company using its most recent year's financial statement:

Current Ratio

Debt to Equity Ratio

Gross Profit Ratio

Return on Equity Ratio

Thoughtfully respond to at least one other student in consideration of the following prompt. Remember that this discussion is set up so you must submit your post before you will see posts/responses from your classmates

On Yahoo FinanceLinks to an external site., look up a company researched by a classmate. Towards the bottom on the right-hand side, you can see a list called "People Also Watch", which shows a few companies similar to the company you searched.

Select one competing company and calculate the same ratios (current ratio, debt to equity ratio, gross profit ratio, and return on equity ratio)

Based on these calculations, which company appears to be riskier and which company appears to be more profitable? How can you tell? (Keep in mind that the current ratio and debt to equity ratio are "risk ratios" and the gross profit ratio and return on equity ratio are "profitability ratios").