internet project financial statement analysis using the internet find the most recen 1571866

Internet Project: Financial Statement Analysis. Using the Internet, find the most recent annual report (or form 10K) for a manufacturing or retail company of your choice . Most companies have links to the information at their Web sites under titles, such as investor relations or financial reports. Print the income statement and balance sheet for the company selected and include these documents with your response to the following requirements.

Required:

a. Compute the following profitability ratios for the most current year, and provide a brief explanation after each ratio (round percentage computations to one decimal place):

1. Gross margin ratio

2. Profit margin ratio

3. Return on assets

4. Return on common shareholders’ equity

b. Compute the following short-term liquidity ratios for the most current year, and provide a brief explanation after each ratio (round computations to two decimal places):

1. Current ratio

2. Quick ratio

3. Receivables turnover ratio and average collection period (assume all sales are on account)

4. Inventory turnover ratio and average sale period c. Compute the following long-term solvency ratios for the most current year, and provide a brief explanation after each ratio (round computations to two decimal places):

1. Debt to assets

2. Debt to equity

d. Provide a one-page written report summarizing your results in requirements a, b, and c. Identify any areas of concern as well as areas of strength for the company.