Title: Industry Averages and Financial Ratios Paper
Project instructions:
Resources: Industry Averages and Financial Ratios video
Use WalGreens a publicly-traded company on Yahoo!? or Google Finance by entering the company name in the search bar. Some examples
Locate the SIC code for the company’s industry by watching the video.
Find the industry ratios for the company using the Dun & Bradstreet? Key Business Ratio link in the University Library.
Assume the inventory ratio is based on a traditional inventory system, but globalized markets and the supply chain make it critical to adopt lean principles to create a more efficient system. Discuss what a change to a Just- In- Time inventory system would have if adopted.
Calculate the financial ratios (show your calculations) for the company using Yahoo!? Finance to locate its two most recent annual financial statements. Be careful not to use quarterly information. Include the ratios for both years.
Compare the ratios for the company you selected with the appropriate industry ratios including profitability, solvency, and efficiency ratios shown on the D&B Report.
Write a 350-word response about how the company you selected performed compared with the industry.