Help me study for my Economics class. I’m stuck and don’t understand.

Purpose of Assignment

The purpose of this assignment is to help students gain a better understanding of the financial statements used for corporate financial reporting and the key ratios used to make business decisions.

Assignment Steps

Select a Fortune 500 company from one of the following industries:

• Pharmaceutical
• Energy
• Retail
• Automotive
• Computer Hardware

Review the balance sheet and income statement in the company’s 2015 Annual Report.

Calculate the following ratios using Microsoft Excel:

• Current Ratio
• Quick Ratio
• Debt Equity Ratio
• Inventory Turnover Ratio
• Receivables Turnover Ratio
• Total Assets Turnover Ratio
• Profit Margin (Net Margin) Ratio
• Return on Assets Ratio

Analyze in 1,050 words why each ratio is important for financial decision making.

Submit your analysis as well as your calculations.