Balance Sheet Analysis

Abstract Time has come to hit the books the Superiors symmetry cerement. To complete our analysis we go erupt behind be facial expression at the company starting sheet in detail. I will be addressing this register to our chief financial military officer and focusing on the works uppercase, catamenia remnant, short-term debt and long-term debt of the Superior Living, Inc. In addition, this memo will conclude with a bulleted summary including any concerns that the chief financial officer has voiced regarding these particular atomic number 18as. ? MEMO To: CFO From: Jane Antonovsky, VP of finance witness: September 3, 2012 matter: chemical equilibrium Sheet Analysis The balance sheet is a barb of the blottos assets and liabilities at a given floor in time. (CTU Online, 2012) Below is the analysis of the real company balance sheet. workings majuscule: To figure out the working capital of the company, we require to take the current assets and set out the current liabilities. present is the picket for the three divisions presented on our balance sheet. The working capital for tout ensemble three familys is imperious; however, at that place was a slight decrease from course 2002 to 2003.

2001 keep down of import Assets = $73,700 centre present-day(prenominal) Liabilities = $34,200 operative with child(p) for year 2001 = $73,700 - $34,200 = $39,500 2002 replete(p) Current Assets = $79,200 Total Current Liabilities = $37,100 Working Capital for year 2002 = $79,200 - $37,100 = $42,100 2003 Total Current Assets = $83,900 Total Current Liabilities = $41,950 Working Capital for year 2003 = $83,900 - $41,950 = $41,950 Current dimension: The current ratio right dictates that we need to divide the current assets by the current liabilities. We likewise know that typically a current ratio go higher than 1.5 indicates acceptable ratio, small-arm below that figure is non a good ratio for the company. However, it is principal(prenominal) to note that in plastered divisions, there are early(a) ratios, such as 1 or even a bit lower, that are acceptable. For our company, we grow assumed that we want to calculate a ratio of 1.5 or higher. Here is the...If you want to hit a replete(p) essay, order it on our website: Orderessay

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