Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

تمرين 50

Evaluating Liquidity and Profitability

Use the Internet search engine of your choice and do a general search on the name of a company of interest to you (e.g., General Motors, Johnson Johnson, Coca-Cola, etc.).xplore the Web site of the company you choose and locate that company's most recent financial statements.ou may need to look under a category that provides general information about the company and/or investor information.
Instructions
a.ind and read the description of the company, including the type of business it is in.hy is gaining an understanding of the industry and type of business an important starting point for financial statement analysis
b.ocate the company's primary financial statements.ind the summary table of ratios in this chapter in Exhibit 14-26.alcu l ate three of the listed ratios under each of the following categories: "Measures of short-term liquidity" and "Measures of profitability." Show your work in calculating these ratios.rite a brief statement describing what you have learned about your company's liquidity and profitability.
c.hy do you think the Internet has become such a widely used source of financial information by investors and creditors
Internet sites are time and date sensitive.t is the purpose of these exercises to have you explore the Internet.ou may need to use the Yahoo! search engine http://www.yahoo.com (or another favorite search engine) to find a company's current Web address.