Locate the balance sheet of a publicly-traded corporation online in its annual report (10-K) and answer the following questions: 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 from which you located the company's annual report.
Answer :-
Total current assets this year and last year for the company :-
Current assets for 2016 : - $15,025
Current assets for 2015 : - $15,587
Total current liability this year and last year for the company :-
Current liability for 2016 : - $5,358
Current liability for 2015 : - $6,332
Current ratios :-
Current ratio for 2016 :- $15,025 / $5,358
:- 2.80
Current ratio for 2016 :- 2.80
Current ratio for 2015 :- $15,587 / $6,332
:- 2.46
Current ratio for 2015 :- 2.46
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