Data taken from the financial statements of Geneva S.A., a consumer foods company headquartered in Switzerland, appear

Question:

Data taken from the of Geneva S.A., a consumer foods company headquartered in Switzerland, appear as follows (amounts in millions of euros):

Data taken from the financial statements of Geneva S.A., a

a. Compute the current and quick ratios on December 31 of each year.
b. Compute the cash flow from operations to current liabilities ratio and the accounts receivable, inventory, and accounts payable turnover ratios for 2011, 2012, and 2013.
c. How has the short-term liquidity risk of Geneva changed during the three-yearperiod?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...