Get the Financial Actual Financial Statements of a Publicly Traded

Essay

Get the financial actual financial statements of a publicly traded company (do not use bank or insurance company due to classification issues)and have students calculate selected ratios and explain what the ratios mean.Make sure at least one ratio is used from each of the 5 classifications.Have students use the EDGAR Data Base at SEC.gov and find the most recent 10-K and use its financial statements for the ratio.
Suggested Ratios
Activity: A/R turnover,Inventory Turnover
Liquidity and Solvency: Current and Quick
Debt-Paying : Debt to Equity and Times Interest Earned
Profitability: Return on Assets,Return on Common Equity
Market-Based: Dividend Payout,Price-Earnings