The XACC 291 Week 9 study guide is a fully comprehensive answer guide that contains all financial ratios and the horizontal and vertical analyses in an excel spreadsheet. The guide also contains a 400 word memo written to the CEO of the company.
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Access the information contained in your selected organization’s balance sheet and income statement to calculate the following:Show your calculations for each ratio.
Create a horizontal and vertical analysis for the balance sheet and the income statement.
Write a 350- to 700-word memo to the CEO of your selected organization in which you discuss your findings from your ratio calculations and your horizontal and vertical analysis. In your memo, address the following questions:
Liquidity Ratios |
Formula |
Work Shown - Fiscal Year 2010 |
Solution |
Current Ratio |
Current Assets / Current Liabilities |
$14,524,790 / $2,750,057 |
5.28 |
Acid Test |
(Cash + AR + Short Term Investments) / Current Liabilities |
($2,807,029 + $2,695,342 + $102,976) / $2,750,057 |
2.04 |
Get ALL financial ratios and the horizontal/vertical analysis on the full XACC 291 week 9 study guide.