Analysis of Financial Statement

Essay specific features

 

Issue:

Business

 

Written by:

Carrie P

 

Date added:

May 23, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 552

 

Was viewed:

9828 times

 

Rating of current essay:

 
Essay content:

In this case Panorama had current assets of $1808.89 and current liabilities of $975.00. A company's current ratio is very important in determining its bill paying capacities. The third category, the acid-test ratio, is a good method to determine if a company will be able to meet their short-term financial obligations...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

Acid-test ratio is found by taking the company's current assets minus inventories and dividing that by their current liabilities. Panorama had an acid-test ratio of 1.3, which indicates that it is a company with adequate liquidity. One thing to keep in mind when measuring liquidity would be to know what method of cost flow assumption was used, FIFO or LIFO...
displayed 300 characters

General issues of this essay:

Related essays:

x
Services