Locate and review two industry-respected and authoritative resources. One resource should focus on financial statement analysis using financial ratios. The other resource should focus on benchmarking analysis using (1) the time-series (also called trend or vertical) comparison (to the organization itself in the previous years) and (2) cross-sectional (also called peer-group or horizontal) comparison (to its peers and the industry as a whole).
•Choose your main company from the following list of 18 companies across sectors and industries.
For the ease of finding financial data, these companies that are all domiciled in the United States should be used. Google is excluded because its parent is not a U.S.-based company. The Financial data of these companies are available in the public domain and easily accessible via
https://www.sec.gov/edgar/searchedgar/legacy/companysearch.html
Company – JP Morgan Chase
You will use the internet to research the financial information of your chosen company and its two top competitors in the same industry. You can
easily copy and paste the financial statements to your paper first, then take care of the formatting. I would understand it if for some reasons you are unable to locate the Statement of Retailed Earnings of your chosen company. However, you must include its balance sheet, income statement, and statement of cash flows.
You need to choose a year and calculate at least two financial ratios in each of the following five groups with a total of at least 12 ratios:
1. Liquidity ratios
2. Solvency ratios
3. Asset management ratios
4. Profitability ratios
5. Market value ratios
You should show the calculation steps to substantiate the answer. Please feel free to compare your independent calculation results to those provided by various financial websites.
•You can find the key financial ratios of the top competitors of your chosen company from various financial websites.
You do not need to calculate the key financial ratios of the two top competitors of your chosen company. Instead, you can cite them. However, you must complete an independent comparative ratio analysis using your own words. are two types of most commonly used comparative analysis: time-series and cross-sectional. If you compare CVS’ 2017 financial data to those in 2016, 2015, and on, it is a time-series or trend analysis. If you compare CVS’ financial data to those of Walgreen and Rite Aid in the same reporting period, it is a cross-sectional or peer-group analysis. You will perform both time-series and cross-sectional comparative analyses.
use three years of financial ratio data when performing the time-series or trend analysis.
You should use two top competitors’ financial ratio data when performing the cross-sectional or peer-group analysis.
****NOTE: see the attached to complete 2,3, and 2019, & 2018 of #6
2. Abstract
3. Introduce this comprehensive financial analysis
4. Copy and paste to the paper your chosen company s balance sheet, income statement, and statement of cash flows for the two most recent fiscal years
5. Calculate and analyze 12 financial ratios of your chosen company in the most recent fiscal year
6. Perform a trend analysis of your chosen company using the 12 financial ratios (same as those in Item 5 above) in the past three fiscal years
7. Perform a peer-group analysis using the 12 financial ratios (same as those in Item 5 above) of the two top competitors of your chosen company in the most recent fiscal year
The document is formatted and a large portion of the project is completed
