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Purpose of Assignment<\/strong><\/p>\n 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. <\/strong><\/p>\n Assignment Steps <\/strong><\/p>\n Select <\/strong>a Fortune 500 Company from one of the following industries:<\/p>\n Review<\/strong> the balance sheet and income statement in the company’s 2015 Annual Report. <\/strong><\/p>\n Calculate<\/strong> the following ratios using Microsoft\u00ae<\/sup> Excel\u00ae<\/sup>:<\/p>\n To receive credit for this portion, you must SUBMIT YOUR EXCEL FILE TO ASSIGNMENTS, SHOWING YOUR FORUMULA\/CALCULATIONS FOR THESE RATIOS<\/strong><\/p>\n In the same excel file with your ratios, on the same sheet, below your calculation for each ratio, in approximately 100 words for each ratio, develop why this ratio is important for financial decision making. In your discussion, develop how to interpret the ratio, and what the ratio results for your company tell you about the financial position of this company.<\/strong><\/p>\n\n
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