Virtual Organization link on the student
website to access the Virtual Organizations.
one of the Virtual Organizations as the basis for this assignment.
faculty approval of your selected organization before beginning the assignment.
the information contained in your selected organization’s balance sheet and
income statement to calculate the following:
Acid-test, or quick, ratio
Return on assets
Return on common stockholders’ equity
Debt to total assets
Times interest earned
calculations for each ratio.
horizontal and vertical analysis for the balance sheet and the income
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 financial position of the company?
Which users may be interested in each type of
What does the collected data reveal about the
performance and position of the company?
memo consistent with APA guidelines.