Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

how do i do this please? you will use the Income Statement and Balance Sheet of a real corporation to calculate ratios and determine trends

how do i do this please?

you will use the Income Statement and Balance Sheet of a real corporation to calculate ratios and determine trends using financial items from them.

Instructions:

1. Copy to PDF or Word document the income statement and balance sheet of a publicly traded corporation: Use Marketwatch.com:
o Type the ticker or company name in the search box
o Select Financials from the menu
o Select annual data (default), not quarterly data, for your companys financialstatements.
o Be sure all 5 years of data are included in your file.
2. On a separate page, show me your calculations for the most current year for the following ratios and answer the following questions:

a. Current Ratio
b. Debt Ratio
c. For all 5 years given, what kind of trend (up and down) can you detect year to year in Total Revenues on the Income Statement?
d. For all 5 years given, what kind of trend (up and down) can you detect year to year in Net Income on the Income Statement?
e. Does the change in Total Revenues match the change in Net Income year to year? Yes or No (circle one)

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

Introduction To Industrial Energy Efficiency Energy Auditing Energy Management And Policy Issues

Authors: Patrik Thollander, Magnus Karlsson, Patrik Rohdin, Johan Wollin, Jakob Rosenqvist

1st Edition

0128172479, 978-0128172476

More Books

Students also viewed these Accounting questions