BUS101: Introduction to Business

Working independently, complete the assignment on pages 234–240, where you will perform a financial analysis on one retail company based on the given financial statements. As you work, try to answer the following questions:

• What is the main purpose of completing ratio analysis using any firm's financial statement?
  
• What are the categories of financial ratios?
  
• It is important to remember that financial ratio guidelines may be different for one industry as compared to another.