Select a company that has reported earnings in the last four weeks. Choose two financial ratios from the lecture notes and compute them for your company. Since there is some ambiguity in the definitions of financial ratios, make sure you use the definitions from this class’s lecture notes. Discuss your findings. (Keep in mind that the most obvious or popular financial ratios often are not the most relevant.)
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Instructions: Due Thursday 01/16 At least 3 paragraphs long with 3 peer-reviewed references. What is the independence standard? Why is it important that users perceive auditors to be independent? Can an auditor be independent in fact, but not in appearance? Explain.