Financial Statements
Assignment Content
--Purpose of Assignment--
This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability.
---Case---
Two-Rivers Inc. (TRI) manufactures a variety of consumer products. The company's founders have run the company for thirty years and are now interested in retiring. Consequently, they are seeking a purchaser, and a group of investors is looking into the acquisition of TRI. To evaluate its financial stability, TRI was requested to provide its latest financial statements and selected financial ratios.
The summary information provided by TRI Document presented below.
Use TRI's summary information in an attached document for financial data to complete assignmfinancialent and finacial statements.
Required:
a. Calculate the select financial ratios for the fiscal year Year 2. (use MS word or excel but excel is more recommended)
b. Interpret what each of these financial ratios means in terms of TRI's financial stability and operating efficiency.
APA Format with:
In-Text Citations
Reference Page
.
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Financial StatementsAssignment Content--Purpose of Assig.docx
1. Financial Statements
Assignment Content
--Purpose of Assignment--
This activity helps students recognize the significant role
accounting plays in providing financial information to
management for decision making through the evaluation of
financial statements. This experiential assignment requires
students to use ratios to evaluate and analyze a company’s
liquidity, solvency, and profitability.
---Case---
Two-Rivers Inc. (TRI) manufactures a variety of consumer
products. The company's founders have run the company for
thirty years and are now interested in retiring. Consequently,
they are seeking a purchaser, and a group of investors is looking
into the acquisition of TRI. To evaluate its financial stability,
TRI was requested to provide its latest financial statements and
selected financial ratios.
The summary information provided by TRI Document presented
below.
Use TRI's summary information in an attached document for
financial data to complete assignmfinancialent and finacial
2. statements.
Required:
a. Calculate the select financial ratios for the fiscal year Year 2.
(use MS word or excel but excel is more recommended)
b. Interpret what each of these financial ratios means in terms
of TRI's financial stability and operating efficiency.
APA Format with:
In-Text Citations
Reference Page
