Here is our week 2 assignment. I suggest Facebook to get the ball rolling but am open to any other suggestions. Please put your name next to one of the 3 bullets. There are only 4 of us now, so I took 3 parts, 2 are small but I will compile our parts and also write the 350 word response.
Please post by Sunday night, August 31st 9 PM. I will repost for review on Monday. Thanks!
Resources: Industry Averages and Financial Ratios video
Find a publicly-traded company on Yahoo!® Finance by entering the company name in the search bar. Some examples include the following companies:
Locate the SIC code for the company's industry by watching the video.
Find the industry ratios for the company using the Dun & Bradstreet® Key Business Ratio link in the University Library.
Assume the inventory ratio is based on a traditional inventory system, but globalized markets and the supply chain make it critical to adopt lean principles to create a more efficient system. Discuss what a change to a Just- In- Time inventory system would have if adopted. ______________
Calculate the financial ratios (show your calculations) for the company using Yahoo!® Finance to locate its two most recent annual financial statements. Be careful not to use quarterly information. Include the ratios for both years. ____________
Compare the ratios for the company you selected with the appropriate industry ratios including profitability, solvency, and efficiency ratios shown on the D&B Report. ______________
I need bold portion