Question: Explain how potential short-term financing sources could help the business raise funds needed to improve its financial health. Base your response on the business's current
Explain how potential short-term financing sources could help the business raise funds needed to improve its financial health. Base your response on the business's current financial information.
Microsoft | 9/30/2022 |
Working capital | $73,423,000 |
Current ratio | 1.84 |
Debt ratio | 0.52 |
Earnings per share | 2.35 |
Price/earnings ratio | 98.65 |
Total asset turnover ratio | 0.14 |
Financial leverage | 2.07 |
Net profit margin | 0.35 |
Return on assets | 0.05 |
Return on equity | 0.1 |
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Based on the financial information provided for Microsoft as of 9302022 the company has solid working capital a healthy current ratio and moderate deb... View full answer
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