Calculate current ratio and acid test ratio for the firm.
2. Calculate DSO, fixed assets turnover, and total asset turnover for the firm.
3. Calculate liabilities-to-assets ratio and times-interest-earned ratio for the firm.
4. Calculate net profit margin and return on equity for the firm.
Overall, both the current ratio and quick ration are pretty good, especially the latter. It indicates that the firm is capable of paying its debt pretty quick, although it needs to collect the account receivables soon.
The DSO which is 7 days larger than the industry ratio indicates the customers often pay lately. However, the credit term of the firm is needed to evaluate further to see whether the credit manager is doing good or not.
The fixed asset turnover is lower than the industry ration.
* In this week's assignment, we are going to take a look at a couple of arguments related to an immensely controversial idea in our society, the idea of same-sex marriage. At the end of Chapter Six you will find two different opinions, Justice Margaret Marshall’s majority….