Assignment: Company Project- Costco
The purpose of the project is to use resources available to obtain industry averages for commonly used ratios. Additionally, you will compare company ratio results to industry averages.
A. Obtain the four-digit primary SIC (Standard Industrial Classification) Code and industry title for your company. Record the primary SIC code and industry title at the top of the Ratio Analysis Worksheet.
B. Obtain industry averages for commonly used ratios in the current period. Industry average information is reported by industry title or SIC code.
C. Look up the following industry-average ratios:
a) Current ratio
b) Debt ratio
c) Gross profit margin
d) Times interest earned
e) Accounts receivable turnover
f) Inventory turnover
g) Return on Sales
h) Asset Turnover
i) Return on Assets
j) Financial Leverage
k) Return on Equity
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.