Financial Management Assets Current Assets Thesis

Open, View, and/or
Download this Document

Total Length: 672 words ( 2 double-spaced pages)

Total Sources: 0

Page 1 of 2



b. If 2006 is considered 100%, the total current assets in 2007 amounted to 137%, a 37% increase from the previous year. At the same times, with 2006 as 100, 2007 total assets were 114%, a small increase compared to the previous year. The same is noticeable for total liabilities.

c. The trend showed gradual increases for all components of the balance sheet, showing a regular and sustained development of the company. Some of these however had a more sustained ascending trend.

5-4. a.

Revenue from services

Net earnings b. As compared to the 2004 base, net earnings have increased in 2006 with almost 200%, similar figures being noticeable in comparison with 2004 to many of the other figures on the statement of earnings.

6-2. a. days' sales in receivables 2007 =

220,385/$3,233 = 68.17 days' sales in receivables 2006 =

240,360/$6,027 = 39.88 b. accounts receivables turnover 2007 =

1,180,178/220,385 = 5.

Stuck Writing Your "Financial Management Assets Current Assets" Thesis?

View All Our Example Financial Management Assets Current Assets Thesis

Have A Custom Example Essay Written

355 accounts receivables turnover 2006 =

2,200,000/240,360 = 9.15 c. Both ratios show that the company's liquidity has decreased, mainly due to bad collection policies.

6-6. a. The days' sales in inventory = ($360,500/$2,100,000) * 365 = 62.65 b. This is probably just a preliminary measure in actually evaluating the real days' sales in inventory and the liquidity of the company in terms of policies. However, it is probably a good reflection of the actual days' sales in inventory.

c. As mentioned, it would be a good starting point and an initial helpful guide in the process.

6-13. a. Company D - current ratio = 2

Company E - current ratio = 1.29

Company D's current ratio is higher than Company E's, however, the general principle in case of the current ratio is that this needs to be.....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Financial Management Assets Current Assets" (2008, October 02) Retrieved July 1, 2025, from
https://www.aceyourpaper.com/essays/financial-management-assets-current-assets-27849

Latest MLA Format (8th edition)

Copy Reference
"Financial Management Assets Current Assets" 02 October 2008. Web.1 July. 2025. <
https://www.aceyourpaper.com/essays/financial-management-assets-current-assets-27849>

Latest Chicago Format (16th edition)

Copy Reference
"Financial Management Assets Current Assets", 02 October 2008, Accessed.1 July. 2025,
https://www.aceyourpaper.com/essays/financial-management-assets-current-assets-27849
   

Open, View, and/or
Download this Document
order custom essay example