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My corporation is Adidas. Use excel spreadsheet. Go to any financial website of your choosing (such as Yahoo Finance or the main website for your
My corporation is Adidas. Use excel spreadsheet.
Go to any financial website of your choosing (such as Yahoo Finance or the main website for your assigned corporation) and locate the financial statements for your assigned corporation. Note that certain websites, such as Morningstar , will allow you to export the data to Excel for free which might simplify your Excel calculations. Now refer to Table 3.8, in the text. 1) Using an Excel spreadsheet, you will create a three-year ratio trend analysis from the financial statements for your assigned corporation. 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? 2) Using the ready ratios dot com study guide , find the industry ratios for your corporation. Note that the ratios provided in investing.com for your assigned corporation may not match your part (1) calculations exactly. Compare your calculated ratios for your assigned corporation to the industry ratios. Then provide a one-page (minimum) discussion that details whether your assigned corporation is performing better or worse than the industry based on the definitions of the six ratios. Are your calculated trends from part (1) moving closer to or farther away from the industry averages? Is this good or bad? Chapter 3 Working with Financial Statements 67 TABLE 3.8 Common Financial Ratios ready ratios dof \( \) som study guide 1. Go to hetps://www.readrratios.com/sec/ and you will see the following- Ready Ratios 2. Enter the stock symbol for your assigned corporation (TGT shown above) and then press enter to get this screen ReadyRatios 3. SIMPLY SCROLL DOWN TO SEE THE COMPARISON TO INDUSTRY RATIOS Financial ratios benchmarking
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