Question:

I have to analyze Dell's annual report for the last two years.

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Compute the eight ratios listed below for two consecutive years. Discuss their significance for management and compare them to industry averages.

Current Ratio

Quick Ratio

Inventory Turnover Ratio (Note: on the Dunn and Bradstreet Web site this ratio is labeled Sales to Inventory)

Debt Ratio (Note: on the Dunn and Bradstreet Web site this ratio is labeled Total Liabilities to Net Worth)

Net Profit Margin Ratio (Note: on the Dunn and Bradstreet Web site this ratio is labeled Return on Sales)

ROI (Note: on the Dunn and Bradstreet Web site this ratio is labeled Return on Assets)

ROE (Note: on the Dunn and Bradstreet Web site this ratio is labeled Return on

Net)

Price-to-Earnings Ratio (P/E) Ratio

Analyze the company's working capital management. Explain why the company's operating and cash cycles are currently optimized. If you think they are not optimized, explain why.

Based on the company's financial statements, list the long-term debt held by the corporation, maturity dates and yield to maturity. List the types of stock issued by the company, the stocks' current selling price, and the 52-week average selling price.

Compute the weighted average cost of capital (WACC) for both years and discuss your findings.

Write a brief analysis that summarizes the data you've gathered throughout the weeks and evaluates how your company compares to industry averages.

Write your recommendations on whether as an investor you should buy this company's stock and why.

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1 ANSWERS


  1. all the information you need to complete the assignment is available online

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