Purchase Solution

overall financial health

Not what you're looking for?

Ask Custom Question

Need to refer back to mod 1 slp1 reference organization , then answer questions in a 2 page paper.

Purchase this Solution

Solution Summary

overall financial health is discussed in great detail in this solution.

Solution Preview

1. How would you assess the overall financial health of your organization? What are good and bad signs, if any, for the future?
There are several ways in which I assess the overall financial health of my organization. First, I see the net profits and examine the percentage with which it has increased or decreased. A rapid increase n financial profit is a positive sign and indicates good financial health.
My company produces and sells machine tools like drills, lathes, milling machines, shaping machines and planing machines. To evaluate its financial health I can also use ratio analysis. For evaluating its profitability, I would use the efficiency ratio, return on capital, return on capital employed, return on assets, return on investment, return on equity, profit margin, operating margin and gross margin. If the profitability ratios are good and compare well with the industry average it will mean a good future for my company.
For evaluating my company's liquidity, I will calculate the current ratio and the quick ratio. To evaluate the effectiveness of my ...

Purchase this Solution

Free BrainMass Quizzes
Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.