User Account

All Pages

Discuss the position and performance of company abc

Assignment Help Accounting Basics
Reference no: EM132522673

Question - Company ABC Ltd operates in the Health services sector and employs mainly contract doctors and nurses for subcontracting out to local hospitals.

Health services sector averages for financial ratios/information are as follows:

Overheads = are generally high due to the high cost of employing medical professionals including doctors and surgeons

Operating margin = 40%

Net profit margin = 15%

Quick ratio = 2.5

On average entities in this sector have very little debt?

Company ABC has a current ratio of 0.5, a debt ratio of 65% and a net profit margin that is negative. Discuss the position and performance of Company ABC.

Reference no: EM132522673

Questions Cloud

What is the probability that the sample mean lifetime : The lifetimes of a certain brand of light bulbs are known to be normally distributed with a mean of 1,600 hours and a standard deviation of 400 hours
Calculate electricity charge to included in income statement : Calculate the electricity charge to be included in the income statement. On 1 January 2019, Willy Mossop owed K2,000 in respect of the previous year
Describe an environmental issue that resonates with you most : This week, our readings have introduced us to several pressing environmental issues we face today. Briefly describe an environmental issue that resonates with.
What technical and has tasked you with creating threat model : You are hired as the CIO, the CEO is some what technical and has tasked you with creating a threat model
Discuss the position and performance of company abc : Company ABC has a current ratio of 0.5, a debt ratio of 65% and a net profit margin that is negative. Discuss the position and performance of Company ABC
Describe types of organizations are best suited to adhocracy : Describe the kinds of firms should use the divisional form of structure. Provide an example. Describe the types of organizations are best suited to adhocracy.
Insecticide that accumulates up the food chain : DDT is an insecticide that accumulates up the food chain . It is believed that DDT causes egg shells to be thinner and weaker than normal
Calculate the balance carried forward as at december : Calculate the balance carried forward as at 31 December 2019. Alex Mukanta pays the rental expense on his market stall in advance.
What is the probability that more than 700 people : What is the probability that more than 700 people may be infected? Give your answer in four decimal places

Reviews

Write a Review

Accounting Basics Questions & Answers

  What amount should be reported as an investing activity

Land costing $68,000 was sold for $94,100 cash. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land

  Asset gains and losses

Asset gains and losses

  Statement regarding fixed and variable costs

Which of the following statements is true regarding Fixed and Variable Costs?:

  Deductions for agi or from agi

a. Which of these expenses can Robert deduct? b. Can Anne deduct the $1,500 of property taxes? c. Are the deductions for AGI or from AGI  (itemized)? d. How could the tax consequences be improved?

  Present cash flows from investing and financing activities

Based on this information, present the cash flows from investing and financing activities sections of the cash flow statement

  What were the impacts of the decisions if any

What actions did the Federal Reserve and the Treasury Department take? What were the impacts of the decisions if any? The response must be typed.

  In february ira roth public accountant accepted 500 in cash

1.on january 1 2011 ace electronics paid 400000 cash for a computer that would be used to store and process its

  Make the journal entry to record the purchase

Sandstone Co. purchased Derby Co. for $2,500,000. Total Liabilities $375,000. Make the journal entry to record the purchase

  Calculate profitability and credit risk ratios for company

Calculate profitability and credit risk ratios for both your companies. For your profitability analysis, you should calculate ratios such as ROE

  Determine the result of the transaction on the accounts

If Larger Company issues 1,100 shares of $5 par value common stock for $18,700, determine the result of the transaction on the accounts

  Journalize transactions for xyz enterprises for oct

Ben Hamilton, owner, invested money into this business 7,500.00. Journalize transactions for XYZ Enterprises for Oct. for the current year

  Westan corporation uses a predetermined overhead rate of

westan corporation uses a predetermined overhead rate of 23.10 per direct labor-hour. this predetermined rate was based

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd