Question: Comment on Petit Ourson's financial position. Complete the sentences below. Petit Ourson appears to be financially because its financial ratios are similar to the industry
Comment on Petit Ourson's financial position. Complete the sentences below.
Petit Ourson appears to be financially
because its financial ratios are similar to the industry norm ratios except for
returnonassets and returnonequity.
The
current and acidtest ratios indicate that it
be able to handle some unexpected variation in working capital and are holding steady.
Petit Ourson
does not appear
to be generating as large profits as the industry norms. Your advice would be to invest in Petit Ourson.
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