Purpose of AssignmentThe 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:
Review the balance sheet and income statement in the company’s 2015 Annual Report. Calculate the following ratios using Microsoft® Excel®:
Analyze in 1,050 words why each ratio is important for financial decision making. Submit your analysis as well as your calculations.
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