Business Finance Homework Help

Go to sec.gov and click on “Filings”; you will see a drop-down box. Click on “Company Filings Search.” In the Fast Search box (right side), type in USB to get the SEC filings for U.S. Bancorp AND PNC Bank. Find the most recently filed 10K (interactive data), and then click on “financial statements.” From here you can open the firm’s Consolidated Balance Sheet and the Consolidated Statement of Income. Compute the following ratios for the most recent two years, showing your numerator and denominator, as well as the ratio result:

• Return on equity

• Return on assets

• Tax ratio

• Expense ratio

• Asset utilization ratio (total revenue/total assets)

• Equity multiplier (total assets/total stockholders’ equity).

Complete the following:

• Create a table that shows the equations used, calculations and the final results of all these ratios for the past two years for both U.S. Bancorp and PNC Bank.

• Write an essay analyzing each bank’s ratios, indicating strengths and weaknesses discovered when examining the ratios over time, as well as comparing the competitors ratios with each other

Your essay should meet the following requirements:

• It must be at least 1,200-1,500 words, not including the table, title page, and reference page.
• Include 4 scholarly articles (2 of which are peer reviewed).