For the healthcare industry, go back to Yahoo Finance. http://finance.yahoo.com/sector/healthcare. Select three distinct businesses from the same
Question:
For the healthcare industry, go back to Yahoo Finance. http://finance.yahoo.com/sector/healthcare. Select three distinct businesses from the same industry sector (for instance, a healthcare provider, an insurer, a manufacturing, etc.) and click on their symbols to access their financial statements.
Execute all financial ratio calculations as outlined on pages 644-653 of the manual. In a spreadsheet, present the outcomes of your analysis and all ratios. Then, respond to the questions below:
Which business has the best financial ratios?
-Identify any potential flaws you see in any of the three companies' financial ratios. Explain what you see, what it means for the company, and what steps you might take to strengthen numbers that indicate weakness.
-Summarize your findings, analyses, and conclusions in a one-page report that is submitted with your spreadsheet of results.
Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg