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Write a memo to your superior analyzing the performance of SAC for 2005 and 2006. This analysis should be based on the information found in the consolidated financial statements.
Your memo should include the following financial ratios and a comparison of the ratios over the two-year period:
current ratio
debt-to-equity ratio
inventory turnover (use ending inventory)
accounts receivable turnover (use ending accounts receivable balance)
gross margin percentage
Show your calculations for each ratio and comment on SAC's performance for each ratio. Discuss other tools/methods that could be utilized to analyze the financial performance of a company.
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What controls should an organization like Tyco implement to ensure that such transactions do not take place in the future?
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An art dealer sold two artworks at $1520 thereby making a profit of 25% on the first work and 10% on the second, where as if he had approached any exhibition he would have sold them together for $1535 with a profit of 10% on the first and 25% on t..
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What entry must Sam's Painting Service make on December 31 before financial statements are prepared?
By how much will Appling's earnings be increased or decreased by the bonds (ignoring taxes) in the December 31 annual financial statements?
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