Week 3 Videos Activity. Discuss strategies these business owners used to manage their working capital. Write a 350-700 word summary of your discussion. Click the Assignment Files tab to submit your assignment.
FIN 571 Week 3 Team Assignment Financial Statement Interpretation
Week 3 Videos Activity. Discuss strategies these business owners used to manage their working capital. Write a 350-700 word summary of your discussion. Click the Assignment Files tab to submit your assignment.
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FIN 571 Week 3 Team Assignment Financial Statement Interpretation
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Select three publicly traded companies. Choose one each from the following sectors: manufacturing, service, and retail. At least one of the three companies should be foreign. If possible, choose from among the team members ' places of business or similar industries. Calculate the following:
� Current ratio
� Quick ratio
� Net profit margin
� Asset utilization
� Financial leverage Analyze the Return on Equity( ROE) for the last 2 years using the DuPont method. Develop a 2,100-word comparison of your three companies in which you include the following:
� Discuss the differences in the industries
� Discuss the different measurement conventions and how this affects presentations.
� Contrast IASB basis for accounting( IFRS) and FASB / GAAP accounting.
� Compare the three companies and their strategies for managing their working capital.
� Discuss the financial ratios and analyses and what they indicate about the companies and their financial forecast. Incorporate the calculated ratios and analysis into the paper.