Using Amazon's last three years of its quarterly report for $2021-2022-2023.$ Prompt: During the third week of class, the students will prepare and submit a financial ratio analysis of a target company: Amazon.com. The deliverables for this project are an Excel spreadsheet showing all of the calculations, and a separate Word document in which the student writes a detailed analysis and interpretation of the calculated ratios. At a minimum, the calculated ratios should include those listed below. Analyze the $3$ most recent fiscal years for this assignment. In your detailed analysis, comment on both the most recent year $($current position$)$ as well as the trend over time. Summarize the assignment by answering the following question, $$What does this analysis tell you about the company and its financial ability?$$

Requirements: The length of the word document should not exceed three pages, exclusive of cover page and exhibits. At a minimum, the calculated ratios should include those listed below. Analyze the $3$ most recent fiscal years for this assignment. In your detailed analysis, comment on both the most recent year $($current position$)$ as well as the trend over time. Summarize the assignment by answering the following question, $$What does this analysis tell you about the company and its financial ability?$$

$1.$ Liquidity

a$.$ Quick ratio

b$.$ Current ratio

$2.$ Asset Management

a$.$ Inventory Turnover Ratio

b$.$ Days Sales Outstanding

c$.$ Fixed Asset Turnover Ratio

d$.$ Total Asset Turnover Ratio

$3.$ Debt management

a$.$ Total Debt to Total Capital

b$.$ Total Debt to Total Assets

c$.$ Debt to Equity Ratio

$4.$ Profitability

a$.$ Operating Margin

b$.$ Profit Margin

c$.$ Return on Total Assets $($ROA$)$

d$.$ Return on Common Equity $($ROE$)$

e$.$ Return on Invested Capital $($ROIC$)$

$5.$ Market Value

a$.$ P$/$E Ratio

b$.$ Market$/$Book Ratio

$6.$ Dupont Formula $($disaggregated ROE$)$