Select a company and obtain the most recently available financial statements.
o Briefly describe the company.
o Describe some of the company's significant accounting policies
o Calculate key financial ratios for the company and analyze its profitability, liquidity, activity, and solvency, comparing the current year to the previous year.
o Current ratio
o Debt/equity ratio
o Times interest earned
o Asset turnover ratio
o Receivables turnover ratio
o Average collection period
o Inventory turnover ratio
o Average days in inventory
o Profit Margin on Sales
o Return on Assets o Return on Stockholder's equity
o Note any reasons that you uncover that may explain significant differences (current year compared to previous year) in financial position, results of operations, and key ratios.
o Explain if you would invest in the company and why or why not.
o Include copies of the Income Statement and Balance Sheet