Question: Current ratio: taken from a graph from mergent online database Telsa and Royal Caribbean group 2021 - 1.38 0.49 2020 - 1.88 0.95 2019 -

Current ratio: taken from a graph from mergent online database

Telsa and Royal Caribbean group

2021 - 1.38 0.49

2020 - 1.88 0.95

2019 - 1.13 0.15

2018 - 0.83 0.17

2017 - 0.86 0.18

Can you help me with this discussion question

What is the difference between the two companies on this ratio? What is a plausible explanation as to why they would differ? Is one company clearly different than the other?

Are there economic or end-market influences that explain why the ratios differ? What might they be?

Over time, is each company’s overall financial performance improving, declining, or is something strange going on?

Do you think evaluating financial statements is a good idea?

What do you regard as some of the shortcomings of financial ratio analysis?

Step by Step Solution

★★★★★

3.52 Rating (176 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The current ratio is a liquidity ratio that measures a companys ability to pay its shortterm obligations with its current assets A higher current ratio indicates that a company is more liquid and has ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

What is the difference between the two torts?

From a user's perspective, what is the difference between the download-and delete mode and the download-and-keep mode in POP3?

What is the difference between R and Ru? How are these two related?

Let Wt be a Wiener process defined over [0, T] and consider the integral: Use the subdivision of [0, t] t 0 , t 1 ,?, t n?1 , t n in the following: (a) Write the approximation of the above integral...

A 1.00-kg iron horseshoe is taken from a forge at 900C and dropped into 4.00 kg of water at 10.0C. Assuming that no energy is lost by heat to the surroundings, determine the total entropy change of...

Acme Corporation has received a contractual order to build a new tooling machine for Alpha Corporation. The project started several months ago. Table 1514 is the Monthly Cost Summary for June, 2002....

A current-carrying gold wire has diameter 0.84 mm. The electric field in the wire is 0.49 V/m. What are? (a) The current carried by the wire; (b) The potential difference between two points in the...

A large condenser (heat exchanger) in a power plant must transfer a total of 100 MW from steam running in a pipe to sea water being pumped through the heat exchanger. Assume the wall separating the...

A certain oscillation results from the addition of coherent oscillations of the same direction K = a cos [wt + (k 1) фl, where k is the number of the oscillation (k = i, 2, ..., N), ф is...

A gas initially at p1 = 1 bar and occupying a volume of 1 liter is compressed within a piston-cylinder assembly to a final pressure p2 = 4 bar. (a) If the relationship between pressure and volume...

Find the trigonometric Fourier series for the waveform shown.

If you currently have $10,000 in savings, and you save $750 each period, and you save quarterly (4) and there are 30 years until retirement, and you plan to be in retirement for 15 years, and your...

3. The problem of designing a compensator that provides asymptotic tracking of a reference input with zero steady-state error is called state-variable feedback. True or False

Helen Bowers, the new credit manager of the Muscarella Corporation, was alarmed to find that Muscarella sells on credit terms of net 50 days whereas industry-wide credit terms have recently been...

1. Would you advise an employer that operates retail clothing stores to drug test? If so, under what circumstances? Using what procedures? What should be done regarding applicants or employees who...

Which of these elements is chemically similar to magnesium? Sulfur Calcium Iron Nickel Potassium

There is a famous conjecture that for every integern, there exists an integer k such that f*(n) = 1. In other words, if you keep applying this function over and overto any number, you will eventually...

Rutherford's experiment with alpha particle scattering by gold foil established that O positive charge not evenly distributed throughout an atom. electrons have a negative charge. electrons have a...

12 The step up in basis allows for the untaxed capital gain due to (1 Point) holding period rule exemptions from transfer taxes realized benefit rule tax benefit rule

GIVIISI V. Common Size Income Statement Prepare a common size income statement for two years and compare/contrast the changes (Refer to chapter 17) VI. Ratio Analysis of Financial Statements Prepare...

Boston Beer II ? Fall 2016 To answer the following questions, you must use the data in the spreadsheet that I have provided. There are several approaches that can be used to estimate the cost of...

** Each of the 3 questions below only need to beabout two-threepara graphs but packed full of information, no fluff. **Attached below are a few readings from the week to help, pay attention to the...

Hi, Can you take a look at the attached material and let me know if you can help me with it and show all your work. The question is in the JPG file and you will need the Excel workbook and Word doc...

(Risk retum trade-off) CL Marshall Liquors owns and operates a chain of beer and wine shops throughout the DallasFort Worth metroplex The rapidiy expanding population of the area has ruited in the...

Please show the work in Excel Review the requirements of the Chapter 3 Mini-Case, parts b through j. Then apply those requirements to do an analysis of Starbucks. Do the analysis on the basis of the...