Ratios using the spreadsheet attached for Bank of America and JP Morgan Chase.
Evaluate each firm's financial performance for the two most recent years available by
Performing trend analysis on those financial ratios, and
Comparing and contrasting the findings in essay form. Be sure to include a citation, and reference the source of your financial information. A copy of the financial information can be attached, a URL provided, or re-created.
1) Current ratio
2) Quick ratio
3) Average collection period (days sales outstanding)
4) Inventory turnover ratio (if applicable)
5) Times interest earned
6) Debt-to-equity ratio
7) Net profit margin
8) Return on equity
9) Total asset turnover
10) Return on assets
11) Price-earnings ratio
**these links appear to have some of the needed information?
http://moneycentral.msn.com/investor/invsub/results/compare.asp?symbol=JPM© BrainMass Inc. brainmass.com June 3, 2020, 9:37 pm ad1c9bdddf
See two attached Excel files.
For your references, site the following (Google 'SEC Edgar' to use the most powerful research tool in regards to company filings. You can search for Form 10-K for each year for each company and get all the information you need):
Bank of America: ...
Provides detailed financial ratios of two banks and compares the two.