The balance sheet from 2011 to 2014 for Amaze Online Ltd., a consultancy firm, has been provided
Question:
The balance sheet from 2011 to 2014 for Amaze Online Ltd., a consultancy firm, has been provided (figures in thousands):
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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Related Book For
Foundations Of Finance
ISBN: 9781292155135
9th Global Edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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