Examine the ratios for your company’s Liquidity, Asset Management, Debt Management and Profitability/Returns.

Finance

1).  Go to Yahoo! Finance, Mergent or other source to retrieve financial data (Income Statement, Balance Sheet and Statement of Cash Flows) for a company of your choice to analyze.

2).  Examine the ratios for your company’s Liquidity, Asset Management, Debt Management and Profitability/Returns.

3).  Calculate the Cost of Equity, using the Beta from Yahoo!, then apply Beta to the Equity Risk Premium and add the Risk-Free Rate for the Cost of Equity.

4).  Compare your company’s Cost of Equity (from above) to its Return on Equity (from 2 above) and determine the Spread between them.  What does this Spread tell you?

In three to five pages