Review the balance sheet and income statement in the company’s 2015 Annual Report.

Review the balance sheet and income statement in the company’s 2015 Annual Report.

Review the balance sheet and income statement in the company’s 2015 Annual Report.:Reference: Ross, S., Westerfield, R., Jaffe, J., & Jordan, B. (2016). Corporate Finance (11th). New York, NY: McGraw-Hill.

In paper citation is: (Ross, et al., 2016. p. ??). Please use at least 2 reference points from the book above.

Please note I need to have an excel and word document to turn in separately. I have also attached a copy of the APA paper so that you know the requirements that are needed for my paper.

Purpose of Assignment

The purpose of this assignment is to help students gain a better understanding of the financial statements used for corporate financial reporting and the key ratios used to make business decisions.

Assignment Steps

Select a Fortune 500 Company from one of the following industries:

Pharmaceutical

Energy

Retail

Automotive

Computer Hardware

Review the balance sheet and income statement in the company’s 2015 Annual Report.

Calculate the following ratios using Microsoft® Excel®:

Current Ratio

Quick Ratio

Debt Equity Ratio

Inventory Turnover Ratio

Receivables Turnover Ratio

Total Assets Turnover Ratio

Profit Margin (Net Margin) Ratio

Return on Assets Ratio

Analyze in 1,050 words why each ratio is important for financial decision making.

Minimum required references include your textbook and your chosen firm’s webpage for their 2015 Annual Report.

TWO submissions – an Excel spreadsheet & a Word document in APA format