Retrieve the latest two annual reports, then complete the following:Calculate the current ratio and...

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Retrieve the latest two annual reports, then complete the following:Calculate the current ratio and profit margin ratio for the latest two years, and interpret the results. Then, explain what the ratios over the 2 years tell you.Locate the Management Discussion and Analysis comments in the latest annual report, and discuss the main points in your own words.Locate the Auditor’s Report in the latest annual report, and discuss the opinion given and who conducted the audit.Based on this initial quick review, provide your assessment of your chosen company.

Harshit · Accepted Answer

Sr. No. 
	Particulars
	2019
	2018
	 
	 
	
	 
	1
	Current Ratio
	Current Assets
	 
	 
	Current Liabilities
	 
	 
	 
	 
	 
	 
	6,494,925
	4,857,039
	 
	 
	8,190,938
	4,301,126
	 
	 
	 
	 
	 
	 
	0.79
	1.13
	The current ratio signifies the position of a company to pay off its current liabilities by using the current assets owned by the current assets presently. This ratio means capability of the company to pay off its current liabilities.  In comparison to the last year the current ratio has decreased which is not a good sign. An appropriate current ratio stands at 2 but for the company Adobe Inc., for both the years the ratio was not appropriate. 
	Sr. No.

Retrieve the latest two annual reports, then complete the following: Calculate the current ratio and profit margin ratio for the latest two years, and interpret the results. Then, explain what the...

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