Celegene Analysis

Essay specific features

 

Issue:

Business

 

Written by:

Mike D

 

Date added:

January 19, 2015

 

Level:

College

 

Grade:

A

 

No of pages / words:

1 / 173

 

Was viewed:

2596 times

 

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Essay content:

This raises some issues with their good performance in their net income. Since the company received a lot of revenue, lowering their allowance for doubtful accounts would make their bottom line more appealing.
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Turning to their balance statement, the figures presented also raise some issues. Celgene’s total current assets were $2,695,399 and their total current liabilities were $607,976. Celgene’s net working capital is $2,087,423. Such a large amount of net working capital shows that Celgene has enough to cover its liabilities...
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