Objective: You will select the financial data for one of two publicly$-$traded companies $($this means that the company$$s stock is bought and sold by the public on one of the stock exchanges$).$ First, you will locate the financial statements for the three years, $2019,2020,$ and $2021($all publicly traded companies have to report three $(3)$ years of income statements of income and stockholder$$s equity, and two $(2)$ years of balance sheets, every year. Second, you will calculate financial ratios from the accounting information presented in the financial statements and explain the trends, whether favorable or unfavorable, and what it means. Third, you will read about what the top management discusses about the key products or services of the company, its strategies, strengths and weaknesses, related to the company this past year and plans for the future.

 

 

Complete the following:

$1.$ Locate the financial statements in the required annual report $($Form $10-$K$)$ for Microsoft Corporation

for $2021$:

$2.$ Compute the following ratios, briefly describe what they measure, and what the changes may mean.