Subject Business Financial Accounting

Question

See Question.pdf

Solution Preview

This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.

Liquidity Ratio
Current ratio measures the ability of the company to pay its short term liabilities. A current ratio of 2 is considered good. The current ratio of the company is 2.18 which consider well because above 2.
Working capital is a measure of liquidity and overall health of the company. The working capital of the company stood at $1,320 which is indicator of good health of the company.
Quick Ratio measures the company ability to pay its current liabilities only with its quick assets. The ideal acid test ratio is 1, the quick ratio 0.82 which shows the inefficiency of the company to pay off its current liabilities in a short span of time.
Inventory Turnover ratio measures how effectively and efficiently the company has managed its inventory. It shows how many times the company has turned its inventory. The ratio for company is good for and is showing an increasing trend....

This is only a preview of the solution. Please use the purchase button to see the entire solution

$35.00

or $1 if you
register a new account!

Assisting Tutor

Related Homework Solutions

A.1 Steak Sauce
Homework Solution
$50.00
Business
Financial
Accounting
A.1
Steak
Sauce
Positioning
Product
Marketing
Strategy
Price
Promotion
Business Questions
Homework Solution
$45.00
Accounting
Business
Financial Management
Economics
Cost
Tuition
Payments
Discount Rate
Payout
Equity
Capital
Projects
Cash Flows
Shares
Standard Deviation
Quantitative Statistics
Risk
Annual Return
Get help from a qualified tutor
Live Chats