Homework
Purpose of Homework:
The purpose of this homework is for students to analyze statements of a publicly traded company to provide an opinion of the company's financial condition using selected financial ratios.
Task:
Use the financial statements of the publicly traded company you choose in week one.
Analyze the financial ratios of the identified publicly traded company in a minimum 1,400 words including the following:
1) Provide an opinion of the company's financial condition using selected financial ratios calculated below.
2) Explain the uses for each of the three classifications of ratios: liquidity, solvency, and profitability.
3) Calculate the current ratio, profit margin, and after tax ROE for the company you chose, and then explain whether these ratios are favorable or unfavorable.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.