The balance sheet from 2011 to 2014 for Amaze Online Ltd., a consultancy firm, has been provided

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The balance sheet from 2011 to 2014 for Amaze Online Ltd., a consultancy firm, has been provided (figures in thousands):

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a. Compute current and debt ratios for 4 years.

b. What is your opinion of the company’s liquidity and leverage? (Leverage usually shows the share of liabilities in assets). Please note that in all 4 years, the company experienced an increase in net profit.

c. What conclusions can you draw from the company’s financial decisions in the last year?

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Foundations Of Finance

ISBN: 9781292155135

9th Global Edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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Question Posted: Mar 03, 2024 02:00 AM

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The balance sheet from 2011 to 2014 for Amaze Online Ltd., a consultancy firm, has been provided

Question:

Current assets Fixed assets Total Current liabilities Long-term liabilities Owner's equity Total 2011 $150 100 $250 $30 50 170 $250 2012 $130 100 $230 $60 40 130 $230 2013 $100 150 $250 $100 80 70 $250 2014 $200 165 $365 $120 60 185 $365

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Foundations Of Finance

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