Question
Obtain the most recent annual report (2020 or 2021) for a publicly-traded Canadian company of your choice. (Hint: You can visit the companys website or
Obtain the most recent annual report (2020 or 2021) for a publicly-traded Canadian company of your choice. (Hint: You can visit the companys website or SEDAR.)
Using data from the annual report, search for the concepts of financial ratios using course materials and other sources. Try your hand at computing financial ratios, including:
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The current ratio and quick ratio (Liquidity ratios)
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Debt to owners equity ratio (Debt-to-equity ratio)
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Return on sales for the firm
Next, obtain an annual report of one of the companys competitors and compute the same ratios for that company.
Discuss What you found for each company individually, and by their comparison.
Your work must be in the WORD format and submitted to the assignment folder/dropbox.
Attach the downloaded financial statements and details of your calculations for each ratio, you've used for your assignment.
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