Calculate current ratio, Finance Basics

Assignment Help:

The average of the industry current ratio was 1.86 for 2004, 0.86 for 2005, and 0.87 for 2006. Lenovo had higher current ratio than the industry average in 2004. At that time, their liquidity was good at that time and it was a health firm. After the acquisition of IBM PC division, their liquidity for the firm turned worse than the industry. Low cash were caused by low profit became the core problem to drive down their liquidity. (See Exhibit ratios)

2168_Current Ratio.png


Related Discussions:- Calculate current ratio

Meaning of a sentence, on this sentence: "all have an interest in understan...

on this sentence: "all have an interest in understanding what drives trade" please explain what''s meaning of "what drives trade"?

Journal entries, Sam start business with his savings $20000, a gift from hi...

Sam start business with his savings $20000, a gift from his parents $10000 and a personal loan from his friends of $5000. All money is deposited in a bank account.

Corporate finance, I need report on Corporate Finance. Do you provide help ...

I need report on Corporate Finance. Do you provide help in topic Corporate Finance? I need expert's assistance to solve my college assignment. Please suggest if it works for me.

Decision Analysis, 2 Questions QUESTION #1 LAPTOP SELECTION Jonna is in ...

2 Questions QUESTION #1 LAPTOP SELECTION Jonna is in market to buy a new laptop. Six different machines are under consideration. All laptops are essentially the same, but they v

Money or discount markets - financial markets, Money or Discount Markets - ...

Money or Discount Markets - Financial Markets 1. Are discount and acceptance financial institutions 2. This is a market for S.T funds growing up in one year. Money market w

E-Commerce, Ask question #Minimu• 1.What is an Auction? E Bay is a market l...

Ask question #Minimu• 1.What is an Auction? E Bay is a market leader in online auction sites. Discuss SWOT for E bay using your web sources?. 2.Why so many entrepreneurs drawn to

Assignment, How would you explain the value of financial planning to friend...

How would you explain the value of financial planning to friends or family? Which topics will you discuss with children in your life? Which topics do you feel are most imp

Dividend policies and decisions, Dividend Policies and Decisions Divid...

Dividend Policies and Decisions Dividend policy determines the division of earnings among payments to stock holder's ad re-investment in the firm.  Hence now it looks at the f

Financial forecasting, Financial Forecasting Financial forecasting ref...

Financial Forecasting Financial forecasting refers to determination of the firm of financial requirements in advance. Financial forecasting is needs financial planning using b

Write Your Message!

Captcha
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!

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