Discuss what each of these ratios tells you about company

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Qeustion 1: Calculate the current ratio and quick ratio for the latest two years and obtain the industry average ratios.

Qeustion 2: Discuss what each of these ratios tells you about the company's current financial condition and how they compare to the industry averages.

Qeustion 3: Identify the major causes of any changes in these ratios and discuss your assessment of the company based on these changes.

Qeustion 4: Review the balance sheet and the notes to the most recent financial statements and identify any contingent liabilities.

Qeustion 5: Discuss whether or not you agree with how the company chose to treat each contingency on the financial statements (i.e., recorded vs. disclosed but not recorded).

  • Discuss the effect on the financial statements of the company's treatment of the contingency.
  • Discuss whether the contingent liabilities change your assessment of the company.

 

Reference no: EM133477780

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