ACTG3000 Project 2

For your second project, you will use the Income Statement and Balance Sheet of a real corporation to calculate ratios and determine trends using financial items from them.

Instructions:

  1. Copy to PDF or Word document the income statement and balance sheet of a publicly traded corporation:  Use Marketwatch.com:
    1. Type the ticker or company name in the “search” box
    1. Select ‘Financials’ from the menu
    1. Select “annual data (default),” not “quarterly data,” for your company’s financial statements.
    1. Be sure all 5 years of data are included in your file.

  2. On a separate page, show me your calculations for the most current year for the following ratios and answer the following questions:
  1. Current Ratio
  2. Debt Ratio
  3. For all 5 years given, what kind of trend (up and down) can you detect year to year in Total Revenues on the Income Statement?
  4. For all 5 years given, what kind of trend (up and down) can you detect year to year in Net Income on the Income Statement?
  5. Does the change in Total Revenues match the change in Net Income year to year? Yes  or  No (circle one)

Upload to the Project 2 Dropbox:

  1. The two financial statements (the Income Statement and the Balance Sheet)
  2. The ratio calculations and trends noted for a – e above on a separate page – include the name of the company on this page.