Evaluate the balance sheet to determine if there are large changes in the company’s assets, liabilities, or equity accounts.

Select a publicly traded company that is traded on the U.S. exchange. Locate the annual report for at least the last three fiscal years. Analyze the financial statements for the company and review for large movements in specific accounts from one year to the next. In addition, review the notes to the financial statements as these are an integral part of the financial reporting package. Evaluate the balance sheet to determine if there are large changes in the company’s assets, liabilities, or equity accounts. In addition, analyze the income statement and statement of cash flows.
Calculate the following ratios for a two-year period:
• Debt-to-equity ratio
• Current ratio
• Quick ratio
• Return on equity (ROE)
• Net profit margin.
For each ratio, explain what the ratio tells you about the company. You need to interpret the ration results. The paper must have a minimum of 2-3 pages in APA 7th edition format., excluding the title and reference page.

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