ACC 291 Week 5 Learning Team Assignment Ratio Analysis Memo

| August 14, 2017

esource:Virtual OrganizationsClicktheVirtual Organizationlink on the student website to access the Virtual Organizations.Select one of the Virtual Organizations as the basis for the assignment.Obtainfaculty approval of your selected organization before beginning the assignment.Accessthe information contained in your selected organization’s balance sheet and income statement to calculate the following:· Liquidity ratioso Current ratioo Acid-test,or quick, ratioo Receivables turnovero Inventory turnover· Profitability ratioso Asset turnovero Profit margino Return on assetso Return on common stockholders’ equity· Solvency ratioso Debt to total assetso Times interest earnedShowyour calculations for each ratio.Createa horizontal and vertical analysis for the balance sheet and the income statement.Writea 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 company’s financial position?· Which users may be interested in each type of ratio?What does the collected data reveal about the company’s performance and position?

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