Question

Locate the most recent balance sheet of a publicly-traded corporation in your pathway. You can find...

Locate the most recent balance sheet of a publicly-traded corporation in your pathway. You can find the balance sheet within the annual report (10-K). Answer the following questions:

What is the name of your company and your pathway?
What were the total current assets this year and last year for the company you chose?
What were the total current liabilities this year and last year for the company you chose?
Calculate the Current Ratio for this year and last year for the company you chose.
Analyze your company's current ratio (is it good/bad; how does it compare to the prior year, etc.)
Include a link to the URL for your company's annual report.
Your initial post must answer all the questions and be at least 3 paragraphs long. You must reply to two of your classmates. In your replies to your classmates, compare your company's Current Ratio to their company's Current Ratio. Which one suggests a healthier company? Which company has the better ratio and why. What are some factors you believe affect the ratio? Your replies must be at least 5 sentences long each, detailed, and thorough.

Examples of sectors/industries in pathways could be:

AHCD: Media, Dance, Theater, Film production, Graphics design or Architecture
Business: Tourism/Leisure, Telecommunications, Retailers, Computers, Equipment, Food and Beverage Products, Real Estate, Technology Hardware, Toys, Commercial Services, Financial Services, any business is acceptable
Education: Non-Profit Services, Public Agency, Child care, Charter schools, Universities
Health Sciences: Health Care Services, Healthcare Products, Hospital, Household Products, Chemicals
IMCT: Aviation, Construction, Construction Materials, Logistics, Automotive, Mining
Public Safety: Equipment providers for the industry, Public Agency, Non-Profit Services
STEM: Engineering, Computers. Chemicals, Energy, Energy Utilities, Technology Hardware
SGSHS: Healthcare Services, Non-Profit Services, Media, Public Agency

Homework Answers

Answer #1

Link of my company annual report : https://www.ril.com/getattachment/299caec5-2e8a-43b7-8f70-d633a150d07e/AnnualReport_2019-20.aspx

Name of my company : Reliance Jio

This year (2019-2020) current assests-: Rs 166597

Last year ( 2018-2019) current assests -: Rs 152864

Total current liabilities of this year-: Rs 310183

Total current liabilities of last year -: Rs 202021

Current ratio: Current assests/current liabilities

So, this year (2019-2020) current ratio =166597÷ 310183= 0.53:1

And last year current ratio - 152864÷ 2020210 = 0.75:1

So this current ratio of my company is not good as the ideal current ratio is 2:1 which means current assests must be two times the current liabilities and my ratio is 0.5:1 means my co. Current assests is half of current liabilities so it is very bad... Also last year's current ratio is also not good but it was still good then this year.

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