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.
Calculate the 14 ratios (show your calculations) for the company using the two most recent annual financial statements found on the financial information website you used earlier. Be careful not to use quarterly information, and include ratios for both years.
Note. You can access a downloadable Ratio Guide PDF by clicking the Help Guide link in the upper-right of the Dun & Bradstreet® Key Business Ratios window.
Compare the ratios for the company you selected with the appropriate industry ratios including profitability, solvency, and efficiency ratios shown on the Dun & Bradstreet® report.
Write a 350-word response about how the company you selected performed compared with the industry.
Materials:
- Industry Averages and Financial Ratios
- Industry Averages and Financial Ratios Grading Guide
- Writing and Style Guidelines (APA)