Purpose of Assignment The purpose of this assignment is to help students gain a better understanding of the financial Statements used for corporate financial reporting and the key ratios used to make business decisions. Assignment Steps Select a Fortune 500 Company from one of the following industries: Pharmaceutical Energy Retail Automotive Computer Hardware Review the balance sheet and income statement in the company's 2015 Annual Report. Calculate the following ratios using Microsoft* Excel . Current Ratio . Quick Ratio Debt Equity Ratio Inventory Turnover Ratio . Receivables Turnover Ratio . Total Assets Turnover Ratio . Profit Margin (Net Margin) Ratio Return on Assets Ratio