Strident Marks, Inc.
Not what you're looking for?
Can someone please explain to me in layman's terms how to calculate these ratios? Is there an easy way to do this? If so what is it?
This is the actual assignment (the discussion part is done)..
First, you will discuss key elements with top executives. How will investors assess the stability of Strident Marks? What are the key financial ratios that measure the stability of an organization? Define stability.
Please see excel file: (Fin310-0604) to get the full question.
Purchase this Solution
Solution Summary
This solution is comprised of a detailed explanation to answer the request of the assignment in the attached file.
Solution Preview
Please see the attached file.
To be stable, the firm must have enough liquidity to pay short term liabilities. We can calculate the firm's liquidity by using the following formula.
All you need to do is to replace the numbers from the income statement and balance sheet into the formula or equation given.
Current Ratio = Current Assets/Current Liabilities
= 20,960/8,150
= 2.57
Quick or acid ratio = Current Assets - Inventories
Current Liabilities
= 20,960 - 750
8,150
= ...
Purchase this Solution
Free BrainMass Quizzes
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Accounting: Statement of Cash flows
This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.