ACC291 Week 5 Learning Team Ratio Analysis Memo

Question: #21645

ACC291 Week5 Learning Team Ratio Analysis Memo Resource: Virtual Organizations Click the Virtual Organization link on the student website to access the Virtual Organizations. Select one of the Virtual Organizations as the basis for the assignment. Obtain faculty approval of your selected organization before beginning the assignment. Access the information contained in your selected organizations balance sheet and income statement to calculate the following: Liquidity ratios Current ratio Acid-test, or quick, ratio Receivables turnover Inventory turnover Profitability ratios Asset turnover Profit margin Return on assets Return on common stockholders equity Solvency ratios Debt to total assets Times interest earned Show your calculations for each ratio. Create a horizontal and vertical analysis for the balance sheet and the income statement. Write a 350- to 700-word memo to the CEO of your selected organization in which you discuss your findings from your ratio calculations and your horizontal and vertical analysis. In your memo, address the following questions: What do the liquidity, profitability, and solvency ratios reveal about the companys financial position? Which users may be interested in each type of ratio? What does the collected data reveal about the companys performance and position?

Solution: #21682

ACC291 Week 5 Learning Team Ratio Analysis Memo

A+ Please look at the attach...