5. Obtain a recent annual report for a company of your choice (see the hints just above...
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5. Obtain a recent annual report for a company of your choice (see the hints just above in exercise 4) and try your hand at computing financial ratios. Compute the current ratio, debt to owners' equity ratio, and basic earnings per share ratio. Then request an annual report from one of the firm's major competitors and compute the same ratios for that company. What did you find?
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Understanding Business
ISBN: 9780073524597
1st Edition
Authors: William G. Nickels, Susan M. Mchugh, James M. Mchugh
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