I am working on a project for accounting using the data from John Deere and Co.
I need help with the question about auditors at the end and some of the probability ratios.
out References Review View Help Tell me what you want to do 11 v A* B IUDVAVA . EEVEE Ev . . . Styles v Fi Curre Prior nt Year Year Income Statement: Cost of Goods Sold/Revenue .7289 .7142 Gross Profit/Revenue .2711 .2858 Operating Expenses/Revenue .1369 .1503 Research & Development Expense/Revenue .0444 .0462 Earnings before Taxes/Revenue .1090 .1061 |Income Tax Expense/Revenue .0462 .0333 Net Income/Revenue Current YearRevenue - Previous Year Revenue %Growth in Revenue = PreviousRe venue %Growth in Profits= Current Yea Earnings Before Taxes-Previous Yer EarningsBeforeTaxe Previous Yev EarningsBefore Taxe Balance Sheet: Current Assets/Total Assets Long-Term Investments/Total Assets Fixed Assets/Total Assets Current Liabilities/Total Assets Total Liabilities/Total Assets Stockholders' Equity/Total Asset CurrentYea rTotalAsse to - PreviousYe ar TotalAssets % Growth of Assets PreviousIe ar TotalAss ets Statement of Cash Flows (just write down amounts); Operating Investing Financing Increase (Decrease) in Cash Beginning Cash Balance Ending Cash Balance Statement of Stockholders' Equity (just write down amounts): Beginning Retained Earnings Dividends (if any) Net Income (Net Loss) Other Items Ending Retained Earnings11 v A* ABIU LAVA ... EVEVE Ev .. A Styles v Ending Retained tarnings Profitability Ratios: Profit Margin = Earnings Before Taxes/Revenue Earnings Before Taxes OrCurrent Year Return on Assets = (Current Year TotalAssets + Previous YearTotalAsses ) / 2 Earnings Before Taxes OrCurrent Year Return on Stockholders' Equity = (Current Year Equity+ Previous YearEquity) / 2 Footer 2 Liquidity Ratios: Current Ratio = Current Assets/Current Liabilities Quick Ratio = (Cash + Marketable Securities + Receivables)/Current Liabilities Solvency Ratios: Debt to Total Assets = Total Liabilities/Total Assets Times Interest Earned = (Net Income + Interest Exp + Tax Exp)/Interest Expense Report of the Independent Auditors: Do the auditors believe that the financial statements are presented fairly? List any problems they found. Other Questions: Do you believe this company is a good investment? Why or why not? Make sure you interpret and discuss all ratios in your answer. https://www.sec.gov/Archives/edgar/data/315189/000104746918007694/a2236950z10- k.htm#fe78102_deere _company_statement_of c_dee04539 https://quotes.wsj.com/DE/financials/annual/income-statement Appendix