Question
Pick a publicly traded company. Review their financial statements in their annual report. Answer the following questions: Company Name Date of report Pick 2 financial
Pick a publicly traded company. Review their financial statements in their annual report.
Answer the following questions:
Company Name
Date of report
Pick 2 financial ratios that you believe are important. Tell us why you think they are important.
Calculate the 2 ratios from the information in the annual report, post the calculated answer, and tell us if the calculated ratio is good or bad as compared to industry standard and why. An example could be inventory turnover ratio. A high turnover ratio would be favorable for a store, or an electronics manufacturer. However, you may not expect a high turnover ratio in a custom car manufacturer or luxury home builder.
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