Assessment 1: Financial Condition Analysis

If you are not familiar with resources for finding financial ratios for a company, explore the following:

• MBA Program Guide - What are Financial Ratios? • This Library Guide describes financial ratios and

provides internet and library resources. • BizMiner. (n.d.). Free business statistics and financial

ratios. www.bizstats.com • Financial Ratios for Measuring Performance | Transcript.

• If you are unfamiliar with terminology around the topic of financial ratios, this multimedia provides terms and definitions.

Reading and interpreting financial statements can be demystified. These resources can help you to gain proficiency with financial statements; this is a critical skill in being able to assess the financial condition of a company.

• Ross, S. A., Westerfield, R. W., Jaffe, J. F., & Jordan, B. D. (2021). Corporate finance: Core principles and applications (6th ed.). McGraw-Hill. Available in the courseroom via the VitalSource Bookshelf link.

• These chapters look at the financial statements and introduce financial analysis tools such as trend analysis, ratio analysis, and industry average analysis. ▪ Chapter 2, "Financial Statements and Cash

Flow," pages 19-41. ▪ Chapter 3, "Financial Statements Analysis and

Financial Models," pages 42-81. • Secrets of Reading Financial Reports | Transcript.

• Reading financial reports might feel like reading a

letter written in code, so this media pieces breaks it down to demystify these very important documents. An illustration is provided to help you decode financial reports.

• Financial Statements Explained in One Minute: Balance Sheet, Income Statement, Cash Flow Statement.

• Delve into the financial basics that will help you understand financial statements.