1 Based on the information in the balance sheets what
1. Based on the information in the balance sheets, what do you notice about the nature of the general contracting business in terms of their working capital? How are the two companies alike, and how do they differ?
2. Have a general contractor explain to you what the financial statements say about this type of business.
3. Compute the cash conversion period for each company and interpret your findings.

Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
Relevant Tutors available to help