One financial ratio: Current Ratio Computation: Compute your selected ratio for a company of your choice for
Question:
Current Ratio
Computation: Compute your selected ratio for a company of your choice for the two most recent fiscal years. Use financial data obtained from the company's annual reports or a reputable financial information website.
Comparison: Compare the computed ratios with at least two industry peers for the same period. Provide the names of the companies compared and the source of their financial information.
Analysis:
Trend Analysis: Analyze the trend of your selected ratio over the twoyear period for your chosen company.
Peer Analysis: Analyze how your chosen company's ratio compares to its peers.
Summary: Write a few sentences summarizing your findings and what they indicate about the financial health or performance of the chosen company in relation to its industry peers.
Introductory Financial Accounting for Business
ISBN: 978-1260299441
1st edition
Authors: Thomas Edmonds, Christopher Edmonds