What areas of strength exist in the company

Assignment Help Management Theories

Reference no: EM131187393

Compare and Contrast the ending Profit and Loss Statement through February with the end of Chapter 5 Profit and Loss statement through the end of March for Kristin Raina Interior Designs

Compare and Contrast the Balance Sheet as of February 28th with the balance sheet as of March 31st. After analyzing the statements, answer the following questions:

What is the financial situation of the company as of February 28th?

Did the financial situation improve, remain the same, or start to decline through the month of March?

What areas of strength exist in the company? What are the company's weaknesses?

What are some areas where the company has opportunities for growth for the company's financial situation?

In order to help you justify the above answers, financial ratios should be calculated. At minimum the following ratios should be calculated and used to support your arguments:

Debt to Equity Ratio (Total Liabilities/Equity) This ratio provides a look at how much the creditors have put into the company compared to how much the owners have put into the company.
Current Ratio (Current Assets/Current Liabilities) This provides a look at whether or not the business has enough current assets to pay their current liabilities.
Profit Margin (Net Income/Sales) This provides a measure of how much profit is earned on each dollar of sales.

Reference no: EM131187393

Questions Cloud

Enhance your firm position in the marketplace : What is the rule of three? Suppose you worked for a small firm in a large industry, such as a small manufacturer of furniture. How might you actually use the rule of three to enhance your firm’s position in the marketplace?

What did you know about credit cards before watching series : What did you know about credit cards before watching the series? Why do you think people have more than one credit card? What information in the documentary most surprised you?

Interest rate paid by the treasury : The given treasury bill was sold in April of this year. Find (i) the price of the T-Bill, and (ii) the actual interest rate paid by the treasury. Round dollars to the nearest cent and interest rates to the nearest thousandth.

What privacy issues are hindering adoption of emr systems : What privacy and security issues are hindering the adoption of EMR systems? In your opinion, which of these issues is the most important to address first? Drawing on course readings or outside scholarly sources, support your answer with examples a..

What areas of strength exist in the company : Did the financial situation improve, remain the same, or start to decline through the month of March? What areas of strength exist in the company? What are the company's weaknesses? What are some areas where the company has opportunities for growth f..

Think the role of technology doing in business : Big well known American department store like The Marc's Department Store is facing the difficulty of e-commerce and online shopping. What do you think the role of technology doing in business?

What are the unintended consequences : Explain how a labor market works using the "$15 minimum wage" movement. What are the intended consequences? What are the unintended consequences? Does the $15 minimum wage reflect social justice? What role does social justice play in markets?

Which of these methods would best handle recursion : Which of these methods would best handle recursion? Explain your answer.

What are the effects of international trade to gdp : What are foreign exchange rates? How are they determined? Why doesn't the U.S. simply restrict all goods coming in from China? What are the effects of international trade to GDP, domestic markets and university students?

User Account

All Pages