AT&T is a telecommunication services provider in the United States and internationally (Att.com, 2015). This paper uses a range of financial ratios to assess the financial health of the company and compare its performance against the industry benchmarks provided by Daily Finance. It also analyzes the corporate vision and explores the strategies for implementing the objectives.
i) Current ratio
Current ratio indicates the value of AT&T’s current assets for every dollar of its short-term obligations (Brigham & Ehrhardt, 2010). It is calculated by dividing the total current assets by the total current liabilities (Brigham & Ehrhardt, 2010). As Continue reading...