Question: Analytics Project - Financial Accounting Report II - ACNT 1374 Section 63700 - Summer II - 2024 This project will allow you to demonstrate what
Analytics Project - Financial Accounting Report II - ACNT 1374 Section 63700 - Summer II - 2024 This project will allow you to demonstrate what you have learned about the use of financial ratios that serve two main purposes: 1 Track company performance by determining individual financial ratios per period and tracking the change in their values over time is done to spot trends that may be developing in a company. For example, an increasing debt-to-asset ratio may indicate that a company is overburdened with debt and may eventually be facing default risk. 2 Make comparative judgments regarding company performance by comparing financial ratios with that of major competitors is done to identify whether a company is performing better or worse than the industry average. For example, comparing the return on assets between companies helps an analyst or investor to determine which company is making the most efficient use of its assets. You will practice what users of financial ratios that include external and internal to the company defined as: External users: Financial analysts, retail investors, creditors, competitors, tax authorities, regulatory authorities, and industry observers Internal users: Management team, employees, and owners This project will put you into
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