Company H&R BLOCK Be sure to provide a link to the financial statements. You must use the...

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Finance

Company H&R BLOCK

Be sure to provide a link to the financialstatements. You must use the annual report, from theH &R Block website, or from the SEC database.Quarterly financial statements should not be usedto do ratios because (1) many companies are seasonal and quarterlynumbers may not be representative of annual performance and (2)quarterly numbers are not audited, whereas annual financials are.Financial information provided by third parties like Yahoo Financeor Google Finance are not acceptable, as these numbers are notnecessarily accurate. You must use H & RBlocks official annual report. If you go to H&R Blocks website, and select investor section, annualreports, or SEC filings and you should get the correct information(which also might be in the form of a 10K report)

Show the ratio calculation for each year, the calculationresult, and the interpretation of the numbers. I suggest you put itin tabular format and cut and paste into discussion to maintainformatting Do not post as an attachment.

What do you note in the changes of ratios from year to year?Explain what the ratios mean. Do these ratios correlate with whatyou know about these companies? Be sure to provide the raw data sowe can see how you calculated these ratios. Do not use calculatedratios you might find on financial websites. They are oftenincorrect or use old data.

1. Gross Profit margin

2. Profit Margin

3. Debt Ratio ( Liabilities/Assets)

4. Quick Ratio

Please be sure to use H&R Block as thecompany!

Answer & Explanation Solved by verified expert
4.3 Ratings (654 Votes)
1GP margin gross profit revenuegross profit revenue cost of revenueGP margin 2019 3094881 1756922 3094881 04323or 4323GP margin 2018 3159931 1739729 3159931 04494or 4494GP margin 2017 3036314 1644377 3036314    See Answer
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