Financial StatementsChoose a company whose products you use, or a company where you would like to be employed, and obtain its most recent annual report. (Note: Annual reports can usually be found under the â€œinvestor relationsâ€ area of the companyâ€™s website.)Using information from the balance sheet and income statement, calculate the companyâ€™s current ratio and the profit margin ratio.Interpret the results of your ratio calculations in terms of the companyâ€™s financial performance (strengths or weaknesses).By the due date assigned, respond to the assigned discussion questions and submit your responses to the appropriate topic in this Discussion Area. From your course textbook, BUSN, read the following chapters:Finance: Acquiring and using funds to maximize valueAccounting: Decision making by the numbersRespond to the assigned questions using the lessons and vocabulary found in the reading.Support your answers with examples and research and cite your research using the APA format.
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