Project #74658 - Accounting

I have B/S and I/S for both years,

you need to answer the question below

 

1.Assess KLP’s liquidity, solvency and financial flexibility for the two years.  Assess the company’s return on assets and interest coverage ratio for the two years. (5 pts)

 

2.If KLP believed its new machinery, added in 2014, would bring in 70% of its revenue generating ability in the first year and 15% in the years thereafter, would you suggest straight-line depreciation?  What alternatives are available?  (hint: consider the matching principle and use it to explain your response) (3 pts)

Subject Business
Due By (Pacific Time) 06/23/2015 11:30 pm
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