Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For the publicly - traded company you selected to evaluate for this course, download their most recent 1 0 K . Include the link to

For the publicly-traded company you selected to evaluate for this course, download their most recent 10K. Include the link to the financial statements as a reference on your References page. I cannot verify your answers without a link to the financial statements.
Answer the following questions in Excel:
The Company Target use this website to get the information SEC EDGAR to get the numbers for the latest 10k and put it in Excel sheet
Part 1
1) Perform a horizontal analysis of the Income Statement.
2) Create a common-size Income Statement for the most recent year on the 10K.
Part 2
1) Calculate the current ratio for the most recent year on the 10K.
2) Calculate the quick ratio for the most recent year on the 10K.
3) Calculate gross profit margin percentage for the most recent year on the 10K.
4) Calculate operating expense margin for the most recent year on the 10K.
5) Calculate net profit margin for the most recent year on the 10K.
6) Calculate accounts receivable turnover and days sales outstanding for the most recent year on the 10K.
7) Calculate inventory turnover and days inventory outstanding for the most recent year on the 10K.
8) Calculate accounts payable turnover and days payables outstanding for the most recent year on the 10K.
9) Calculate the cash conversion cycle for the most recent year on the 10K.
10) Calculate PPE turnover for the most recent year on the 10K.
11) Calculate Return on equity for the most recent year on the 10K.
12) Calculate Return on assets for the most recent year on the 10K.
13) Calculate the total liabilities to equity ratio for the most recent year on the 10K.
14) Calculate the times interest earned ratio for the most recent year on the 10K.
Part III
Prepare a memo reporting on the financial health of your company. Be sure to discuss liquidity, solvency, and profitability.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Government Auditing Standards 2011 Revision

Authors: U. S. Government Accountability Office, Comptroller General Of The United States

1st Edition

1482311372, 978-1482311372

More Books

Students also viewed these Accounting questions

Question

2. Explain grades or test results.

Answered: 1 week ago

Question

7. What decisions would you make as the city manager?

Answered: 1 week ago

Question

8. How would you explain your decisions to the city council?

Answered: 1 week ago