FINANCIAL STATEMENTS

Financial Statements

Choose a company whose products you use, or a company where you would like to be employed, and obtain its most recent annual report. (Note: Annual reports can usually be found under the “investor relations” area of the company’s website.)

1. Using information from the balance sheet and income statement, calculate the company’s current ratio and the profit margin ratio.
2. Interpret the results of your ratio calculations in terms of the company’s financial performance (strengths or weaknesses).

Respond to the assigned questions using the lessons and vocabulary found in the reading.

Support your answers with examples and research and cite your research using the APA format.