Purpose of Assignment
The 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.
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.