Project 2 – 25 points
ACTG3000
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:
o Type the ticker or company name in the “search” box
o Select ‘Financials’ from the menu
o Select “annual data (default),” not “quarterly data,” for your
company’s financial statements.
o 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:
a. Current Ratio
b. Debt Ratio
c. 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?
d. 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?
e. 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.
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