Project #21525 - Business Basics 2

                                               
               

                WikiUpload Free File Hosting               

 

Balance sheet for this assignment is located at;  http://www.wikiupload.com/PAZI8WI2INZIN7R

Using the data in the table above, create a balance sheet for Globus’s operations as of year end (December 31, 2013).

 

Using the data in the table above (see attached document), create an income statement for the year being examined.

 

Analyze the financial statements using the following analytical tools:

 

a. Current ratio (What does this ratio tell us about Globus?)

b. Net working capital (What does working capital tell us about Globus?)

 

Note: Although the Griffin/Ebert text defines working capital as the difference between current assets and current liabilities, most accounting works refer to this difference as net working capital. The

 

conventional use of the term working capital is to identify it as current assets.

 

c. Debt to equity ratio (What does this ratio tell us about Globus?)

 

Note: To compute owners’ equity from the data supplied here, remember the fundamental accounting equation: Assets = Liabilities + Owners’ equity

 

d. Leverage ratio (What does this ratio tell us about Globus?)

 

e. Return on equity (What does this ratio tell us about Globus?)

 

Paper should be no longer than three pages long, single spaced, times new roman 12PT font.

Work will be verified for plagiarism before any payment is rendered with any noted being referred to site admins for action.

This is for U.S. academic purposes. Do not attempt this assignment if you do not have a good understanding of written U.S. English grammar. Trust me, it is quite evident and obvious if you do not.

This is another fairly easy assignment - 60 dollars for some simple accounting schoolwork- sany bids higher than that listed will not be accepted.  

 

Subject Business
Due By (Pacific Time) 01/30/2014 12:00 am
Report DMCA
TutorRating
pallavi

Chat Now!

out of 1971 reviews
More..
amosmm

Chat Now!

out of 766 reviews
More..
PhyzKyd

Chat Now!

out of 1164 reviews
More..
rajdeep77

Chat Now!

out of 721 reviews
More..
sctys

Chat Now!

out of 1600 reviews
More..
sharadgreen

Chat Now!

out of 770 reviews
More..
topnotcher

Chat Now!

out of 766 reviews
More..
XXXIAO

Chat Now!

out of 680 reviews
More..
All Rights Reserved. Copyright by AceMyHW.com - Copyright Policy