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Celegene Analysis
Essay specific features
Written by:
Mike D
Date added:
January 19, 2015
Level:
College
Grade:
A
No of pages / words:
1 / 173
Was viewed:
2590 times
Rating of current essay:
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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