Part A – Chapter 21 in your textbook contains examples that will be helpful for completing the exercises below. 1. Using Excel formulas, prepare a vertical analysis for 2017 for the balance sheet below . 2. Using Excel formulas, prepare a horizontal analysis for the balance sheet below (use 2016 & 2017 – also note […]
2. Cash Equation – Blitz Corp. has a book value of equity of $17,010. Long-term debt is $8,400. Net working capital, other than cash, is $2,150. Fixed assets are $22,430 and current liabilities are $2,260. How much cash does the company have? What are current assets? 6. Calculating Cycles – Consider the following financial statement […]
Provide a brief overview of the company you selected, including a description of its business operations. State the current market price per share. Summarize key trends in revenues, operating income, and net income over the last 3 years. Evaluate the trends in gross margin, operating income margin, and net profit margin over the past 3 […]
4-2: LIQUIDITY RATIOS The liquidity ratios help answer this question: Will the firm be able to pay off its debts as they come due and thus remain a viable organization? If the answer is no, liquidity must be the first order of business. A liquid asset is one that trades in an active market and […]
