Purpose of Assignment
The purpose of this assignment is for students to initiate and complete a comprehensive financial plan. The ultimate result will be a set of pro forma financial statements including an Income Statement, Balance Sheet, and Cash Flow Statement. The student will develop requisite assumptions about the dollar values to be budgeted.
Search the internet for financial statements of publicly traded companies.
Evaluate financial ratios in a minimum 1,050 words which includes the following:
- Explain the uses for each of the three classifications of ratios: liquidity, solvency, and profitability.
- Calculate the current ratio, profit margin, and after tax ROE, and then compare these with the ratios provided (access the Financial Statements along with the Ratio Analysis from the company selected in the Week 1 Overview of Financial Statement assignment).
- Display your calculations.
Cite a minimum of one peer reviewed reference from the University Library.
Format assignment consistent with APA guidelines.