She looked at my calculations and said they were wrong, so only the calculations need to be redone. So, you'd look at the Apple pdf.'s, and compare the numbers to my Apple calculations page, and recalculate. Be sure to keep the old answers there, and show recalculations in red

For your second project, you will print the Income Statement and Balance Sheet of a real corporation and calculate ratios using financial items from them.

Instructions:

1. Print off the income statement and balance sheet of a publicly traded corporation. Use Marketwatch.com:
   • type the ticker or company name in the search box
   • select Financials from the menu
   • Print your companys financial statements, selecting annual data, not quarterly data.

2. On a separate piece of paper, show me your calculations for the most current year for the following ratios:

Current Ratio (1:1)

Debt Ratio (%)

Hand in:

1. The two statements (the Income Statement and the Balance Sheet) you printed off, stapled to
2. The ratio calculations page include on this page the name of the company for which you are calculating ratios.

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Apple Calculations From Balance Sheet info

Current Ratio = Current Assets/Current Liabilities

1.36B Current Ratio = -338.52B Current Assets /248.03 Current Liabilities

Debt Ratio = Total Debt/Total Assets

-9.85% = 73.27% Total Debt /-7.44% Total Assets

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