Instructions: For the most recent fiscal year ended (2013)


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Instructions: • For the most recent fiscal year ended (2013) find the 10-K or a complete set of consolidated financial statements for: American Electric Power Co. Inc. (Columbus, OH) Southern Company (Atlanta, GA) • For each company, calculate the following ratios, using the formulas in the text (Chapter 5 Appendix A or Chapter 24 Appendix A). Be sure to show: a) the formula, and b) the amounts you used to calculate the ratios. If the amount used in a particular formula is not described on the face of the financial statement, explain or show how you arrived at the amount you used in the formula. Round your answers to 2 decimal places and ratios need to be presented in proper format (as a %, as a $ amount, etc.)  Current ratio  Asset turnover (exclude “Other revenues” in determining Net Sales)  Debt to total assets ratio  Profit margin on sales ratio  Payout ratio  Earnings per share (basic EPS, not diluted EPS)  Free cash flow • In your opinion, which company is better managed financially? Explain the basis of your opinion. Also, are there any ratios not listed above that you would have used in your analysis and why? NedaK2
posted a question · Apr 01, 2015 at 1:25am

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