Efficient and effective use of a company’s assets is an important part of its success. Reviewing financial statements regularly is one way the company can stay on top of its spending. For this assignment, you will analyze current financial ratios for your chosen business. Instructions: • Think of a specific business you find interesting (i.e. Apple, Southwest Airlines, etc.). • Research the business’ financial statement. • Select the Morningstar site offering your company’s financial statement. You will see a number of financial ratios for your company. Review this example for Apple. • Define the following ratios, include the ratio for your business and explain what each ratio means for the business moving forward. o Return on assets o Return on equity o Return on capital o Gross margin o SG&A margin o Current ratio o Quick ratio o Total debt/equity o Total revenue o Gross profit BUS411 – Business Policy Seminar Unit 4 Assignment: Finance and Operations • Explain which ratios you feel are most important for the business and why. • Use these additional resources: o YCharts. (2019). Apple return on assets. o Stock Analysis on Net. (2019). Apple Inc. profitability analysis.

Answer rating: 100% (QA)

The following financial ratios are useful for evaluating the financial position of Apple 1 Return on assets ROA is a measure of how well a company use... View the full answer