Income Statement of a Company
Select any company listed on the NYSE or the NASDAQ. For your selected company, identify and download the most recent financial statements for the last three to five years, to include the following:Balance sheetIncome statementPer share dataTasks::Identify the predominant industry in which your company operates. Find the industry averages for that industry for the following ratios:Current ratioDebt ratioQuick ratioDebt-equity ratioTotal asset turnoverProfit marginInventory turnoverReturn on assetsReceivables turnoverReturn on equityCalculate as many of the listed ratios for your selected company as possible using the financial statements you acquired.Conduct a trend analysis for the last three to five years. What trends can you identify? What do they indicate?Compare the ratios for the last common year to the industry averages. What conclusions can you draw regarding your company’s performance? What are your company’s strengths and weaknesses?Identify the changes that need to be made by the company to improve its performance, as compared to the industry, on the basis of the ratios.Conduct a DuPont analysis for your selected company. What conclusions can you draw for improving your company’s performance on the basis of this analysis?Present the numerical data and calculations in a Microsoft Excel sheet and write the analyses in a Microsoft Word document.