Locate the Intuit Inc. website, retrieve the latest company’s annual report from that site, calculate specific ratios for the latest two fiscal years, and respond to a limited number of analysis questions. Please note that this entails far more than finding precalculated ratios from a website such as Yahoo! Finance or Google Finance. If you desire, you can use such a site for a reasonableness check on the results of your calculations, but any such comparisons should not be part of your resulting paper. Also, you might not match exactly to their figures anyway because those may include quarterly updates. • The paper should be three to four double-spaced pages (not counting the cover page and bibliography). • The font size should be 12-point and the type can be Times New Roman, Verdana, or Arial.

• Your paper should be properly cited using APA referencing style. This means that citations should be in a bibliography and in the body of the paper wherever you refer to or directly quote any information or terms from other sources. For the section showing the ratio calculations, provide appropriate details regarding the formula used, the source of the data, and the resulting calculations. Although you are certainly welcome and encouraged to use Excel to complete these tasks, copying and pasting from Excel into the Word document is discouraged unless it can be done in a manner that is cosmetically appropriate. The requirements for the ratio analysis section are as follows.

1. Compute the following for each of the two most recent years.

• Profit margin

• Return on shareholders’ equity

• Current ratio

• Interest coverage ratio

2. Document your work by properly citing items such as the following.

• The website for the company

• The web page link for the annual report

• The page number of the annual report

• Appropriate details of the calculations

The questions that should be addressed in the second section of the paper are as follows.

1. If you were an accountant for a potential vendor for this company, explain which of these ratios would be of the most interest to you. Would there also be a second ratio of interest to you?

2. If you were an accountant for a potential investor in this company, explain which of these ratios would be of the most interest to you. In your opinion, what other ratio or ratios beyond the ones listed above should also be considered in an investment context?

3. What is your overall opinion of this company based on the limited analysis completed via the four ratios? Feel free to mention any questions that you feel should still be considered in view of the ratios or the changes from one year to the next. Please also consider these suggestions for your success on this assignment. • If you choose a company from the list and have any trouble finding its website, the annual reports, or specific information, consider selecting a different company from the list instead. • If the company has subsidiaries, be sure to use the consolidated financial statements. • Be sure to use the financial statements rather than summaries elsewhere in the annual report.