Accounting case

Fall 2014 – Paper Requirements

·       Choose a Public Company

·       Provide the following ratios, both for the current period as well as for the prior period

·       Do a comparison between the current and prior periods to establish whether there has been any improvement.

·       Give me your conclusions ( detailed with explanations )

Ratios – refer to page 704 & 5 in your text book for further explanation ( I will upload photos of the pages)

·       Working Capital

·       Current ratio

·       Inventory turnover

·       Days in Inventory

·       Accounts Receivable turnover

·       Average Collection period

·       Earnings per share

·       Price Earnings

·       Profit Margin

Notes

·       Financial information on public companies can be found on their Form 10K, usually there would be a link on their website, sometimes under investor relations or investor information

·       Not all companies provide all information so some ratios may not be able to be calculated

·       Some ratios may already be calculated for you on <finance.yahoo.com> or on some other websites