Efficient and effective use of a company’s assets is an important part of its success.
Reviewing financial statements regularly is one way the company can stay on top of its
spending. For this assignment, you will analyze current financial ratios for your chosen
business.
Instructions:
• Think of a specific business you find interesting (i.e. Apple, Southwest Airlines,
etc.).
• Research the business’ financial statement.
• Select the Morningstar site offering your company’s financial statement. You will
see a number of financial ratios for your company. Review this example for
Apple.
• Define the following ratios, include the ratio for your business and explain what
each ratio means for the business moving forward.
o Return on assets
o Return on equity
o Return on capital
o Gross margin
o SG&A margin
o Current ratio
o Quick ratio
o Total debt/equity
o Total revenue
o Gross profit
BUS411 – Business Policy Seminar
Unit 4 Assignment: Finance and Operations
• Explain which ratios you feel are most important for the business and why.
• Use these additional resources:
o YCharts. (2019). Apple return on assets.
o Stock Analysis on Net. (2019). Apple Inc. profitability analysis.
Requirements:
• Use APA format with a title page, in-text citations and references. No abstract
required.
• Research and cite at least two credible sources with APA format

Attachments:

BUS411-Unit-4….pdf