Pick one financial ratio discussed in the text or readings. Use data for a company from the U.S. Securities and Exchange Commission (Links to an external site.) website to calculate that ratio and for your analysis. In your initial post, describe how to calculate it, what category it is in, and what value it offers in analyzing company financial statements.

When responding to peers, find their company in the same website, calculate and discuss a different ratio and how it could benefit the analysis process in conjunction with the ratio originally chosen.

NOTE: To find the necessary information, go to the U.S. Securities and Exchange Commission (Links to an external site.) website and retrieve data for your company by entering either the name or ticker symbol in the search box. Then, enter 10-K in the Filing Type box and click on the Search button. Click the Interactive Data button next to the most recent 10-k (annual report) and then select Financial Statements in the menu on the left side.

Choose Consolidated Statement of Operations (the income statement) and paste this data into your worksheet. The data will be pasted in HTML format and a Smart Tag will appear that will allow you to either "Keep Source Formatting" or "Match Destination Formatting". Try both, to see which one you like best, noting that you will need to reformat either way. Repeat these steps for the Consolidated Statement of Financial Position (balance sheet).