We have covered several ratios in this unit that users of financial statements can work with to evaluate a companys performance. However, not all ratios are important for or applicable to all organizations. In particular, service organizations have different business models than manufacturing organizations. Using Volkswagen Company, explain which financial ratios would be applicable to the company and which would not. State the reasons for your assertions.

As portfolio activities are to be self-reflective, please make sure to connect the portfolio assignment to:

• Your personal experiences. Reflect on how this assignment topic is applicable to and will benefit you.
• Course readings and any external readings.
• Discussion forum posts or other course objectives.