Use the information provided in Exhibit 6.3 to make a complete assessment of CAE’s liquidity position. Discuss the liquidity on March 31, 2012 and compare it with its liquidity on March 31, 2011.
Answer to relevant QuestionsCalculate CAE's current and quick ratios, and the amount of working capital on hand on March 31, 2012 and 2011. Using the current and quick ratios, the amount of working capital, and the information in the statements of cash ...Examine the aging schedule that CAE provides in Note 5. How does the aging schedule help you assess the company's credit management? What's the importance of separating the amount into different categories of amounts past ...Explain why it isn't possible to calculate cost of goods sold when a periodic inventory control system is used if the inventory isn't counted.Why is it necessary to count inventory when a perpetual inventory control system is used? Explain. Why is it necessary to count inventory when a periodic inventory control system is used? Explain.Explain the concept of conservatism.
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