Question
Create a three-year ratio trend analysis from the financial statements data for Hormel Foods corporation. Your spreadsheet must include actual formulas that calculate the ratios.
Create a three-year ratio trend analysis from the financial statements data for Hormel Foods corporation. Your spreadsheet must include actual formulas that calculate the ratios. The trend will consist of the following ratios: Current Ratio and the Quick Ratio from the I. Short term solvency, or liquidity, ratios category Return on Assets Ratio and the Return on Equity Ratio from the IV. Profitability ratios category Price Earnings Ratio and the Price Sales Ratio from the V. Market value ratios category. Then provide a one-page (minimum) discussion about what each trend indicates for your assigned corporation. Is the trend good or bad, why?
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