Doral, Florida Campus
MBA Program
Assignment for Course: | BUS508-Contemporary Business | Submitted to: | | Submitted by: | | | | | | | |
Date of Submission: June 16th, 2012
Title of Assignment 5: Financial Management: Google and Microsoft.
CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course.
Student's Signature: ______________________________
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Instructor's Grade on Assignment:
Instructor's Comments:
1.-Calculate or identify from each company’s most recent annual report the six (6) specific financial ratios listed and provide as an appendix to the paper.
GOOGLE FINANCIAL RATIOS:
1. - Liquidity Measurement Ratio
The current ratio compares current
Liquidity Measurement Ratio= Current Assets / Current Liabilities 52,758/8,913 = 5.92
2.-Profitability Ratio:
-Return on Assets= Net Income/Total Assets = 9,737 / 72,574 = 0.134 = 13.42%
-Return on Equity = Net Income / Average Equity = 9,737 / 52,193 = 0.186 = 18.66%
3.-Debt Ratio (using 2011 data)
Debt Ratio = Total Liabilities / Total Assets = 14,429 / 72,574 = 0.198 = 19.88%
4.-Fixed Asset Turnover Ratio: Fixed Asset Turnover Ratio = Net Sales or Net Income / Net Property, plant & equipment