Review of Financial Statements.
Review of Financial Statements
Visit Yahoo Finance and locate a publicly-traded company (for example Walmart, Kohls) and review the financial statements of the last two years of the and compute the following ratios:
- Current ratio
- Quick ratio
- Accounts receivable turnover
- Days sales of receivables
- Inventory turnover
- Days sales of inventory
- Gross profit margin
- Net profit margin
- Please discuss whether the company’s financial performance improved, declined, or stayed the same.
- Were there any major events that had an impact on the financial statements? Please explain.
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