Prepare your comments about the two companies’ performances based on your ratio calculations

Description This course contains a Course Project, where you will be required to submit one draft of the project at the end of Week 5, and the final completed project at the end of Week 7. Using the financial statements for Celgene Corporation and Gilead Sciences, Inc., respectively, you will calculate and compare the financial ratios listed further down this document for the fiscal year ending 2015, and prepare your comments about the two companies’ performances based on your ratio calculations. The entire project will be graded by the instructor at the end of the final submission in Week 7, and one grade will be assigned for the entire project. Overall Requirements For the Final Submission: Your final Excel workbook submission should contain the following. You cannot use any other software but Excel to complete this project. 1. A Completed Worksheet Title Page tab, which is really a cover sheet with your name, the course, the date, your instructor’s name, and the title for the project. 2. A Completed Worksheet Profiles tab which contains a one-paragraph description regarding each company with information about their history, what products they sell, where they are located, and so forth. 3. All 16 ratios for each company with the supporting calculations and commentary on your Worksheet Ratio tab. Supporting calculations must be shown either as a formula or as text typed into a different cell. The ratios are listed further down this document. Your comments for each ratio should include more than just a definition of the ratio. You should focus on interpreting each ratio number for each company and support your comments with the numbers found in the ratios. You need to specifically state which company performed better for each ratio. 4. The Summary and Conclusions Worksheet tab is an overall comparison of how each company compares in terms of the major category of ratios described in Chapter 13 of your textbook. A nice way to conclude is to state which company you think is the better investment and why. 5. The Bibliography Worksheet tab must contain at least your textbook as a reference. Any other information that you use to profile the companies should also be cited as a reference. Required Ratios for Final Project Submission 1. Earnings per Share of Common Stock 2. Current Ratio 3. Gross (Profit) Margin Percentage 4. Rate of Return (Net Profit Margin) on Sales 5. Inventory Turnover 6. Days’ Inventory Outstanding (DIO) 7. Accounts Receivable Turnover 8. Days’ Sales Outstanding (DSO) 9. Asset Turnover 10. Rate of Return on Total Assets (ROA) 11. Debt Ratio 12. Times-Interest-Earned Ratio 13. Dividend Yield [For the purposes of this ratio, use Yahoo Finance to look up current dividend per share and stock price; just note the date that you looked up this information.] 14. Rate of Return on Common Stockholders’ Equity (ROE) 15. Free cash flow 16. Price-Earnings Ratio (Multiple) [For the purpose of this ratio, look up the market price per share as of December 31, 2015 for Celgene Corporation and for Gilead Sciences, Inc..]