|
Featured Papers from Direct Essays
|
|
|
|
|
|
This is a preview of a paper to view the full text you need to signup and login.
|
Financial Analysis
|
|
|
The Company performance analysis mainly concern with the following aspects, namely liquidity, indebtedness, effectiveness (activity) and profitability. a. Liquidity The Companyˇ¦s current ratio and quick ratio are continuous to decrease during the past five years, the AFA 5-year average ratios (1.2 and 0.9) were slightly lower than the average industry ratios (1.5 and 0.9). The quick ratio of Company is 0.4 in 2001, it means that Company has not sufficient cash or other high liquidity assets to repay its short-term debts. Also due to the recession, shareholdersˇ¦ loan, short term bank loan and facilities was obtained thus increase the liabilities. I found that total note payable raised in 2001 was $2,150,000, increased by 330% comparing to 1997, however total current assets only increased by around 44% for the same period.
|
|
|
To link to this page, copy the following code to your site:
|
|
Paper Information
|
|
|
Title: Financial Analysis
Words: 550
Rating: None
Pages: 2.2
submitted by: karenfan
If you think this paper shouldn't be here then
|
|
|
|
|
Signup & Login
|
|
|
If you don't currently have a login then Signup here
|
|
|
|
|
Pre-Written Papers
|
|
|
|
|
|
|
|
Custom Papers
|
|
|
|
|
|
|
|
