For your second project, you will print the Income Statement and Balance Sheet of a real corporation and calculate ratios using financial items from them.

Instructions:

1.Print off the income statement and balance sheet of a publicly traded corporation.Use Marketwatch.com:

otype the ticker or company name in the "search" box

oselect 'Financials' from the menu

oPrint your company's financial statements, selecting "annual data," not "quarterly data."

2.On a separate piece of paper, show me your calculations for the most current year for the following ratios:

Current Ratio (1:1)

Debt Ratio (%)

Hand in:

1.The two statements (the Income Statement and the Balance Sheet) you printed off, stapled to

2.The ratio calculations page - include on this page the name of the company for which you are calculating ratios.

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balance file info

Apple Calculations From Balance Sheet

Current Ratio = Current Assets/Current Liabilities

1.36B Current Ratio = -338.52B Current Assets /248.03 Current Liabilities

Debt Ratio = Total Debt/Total Assets

-9.85% = 73.27% Total Debt /-7.44% Total Assets