WEEK 3: RATIO ANALYSIS AND LIBRARY RESEARCH TASK - Class: ACCT-301
Please name and give the formula for one of the liquidity ratios. Describe what this ratio can tell you.
Current Ratio is one of the liquid ratios.
Current Ratio = Current Assets / Current liabilities
Where,
Current Assets = stock, debtor ,cash and bank, loans and advances, receivables and other current assets.
Current Liability = creditors, short-term loan, bank overdraft, outstanding expenses and other current liabilities.
Current Ratio measures the financial strength of the company. It measures whether or not the firm has enough resources to meer its short-term obligations. It compares a firm's current assets to it's current liabilities. Ideal current Ratio is 2:1
WEEK 3: RATIO ANALYSIS AND LIBRARY RESEARCH TASK - Class: ACCT-301 Please name and give the...
Class: ACCT-301 WEEK 3: RATIO ANALYSIS AND LIBRARY RESEARCH TASK isit the Yahoo web site and click the link to Finance. Enter the letters "XOM" into the Quote Lookup box, and this will display the latest stock price, related stock data, and links to the financial statements for Exxon-Mobil Corporation ("XOM" is the stock symbol for this company). Using the available data, indicate the EPS and P/E ratios. Next, digging deeper into the financials, perform a horizontal analysis spanning the...
WEEK 3: HORIZONTAL AND VERTICAL ANALYSIS --> ACCT-301: Class. Which do you think is more useful: horizontal and vertical analysis or ratio analysis, and why?
WEEK 3: HORIZONTAL AND VERTICAL ANALYSIS - Class: ACCT-301 What is meant by the term information overload? Did you feel some information overload when you went to Yahoo! Finance? Why or why not? Or just --> What is meant by the term information overload?
Class: ACCT-301 - Week 2 Discussion Board. - WEEK 2: ETHICS Please summarize the Enron scandal for the rest of us. Describe how you think the elements of fraud were present in this scandal. What do you think could have or should have been done to prevent this from occurring?
WEEK 2: ETHICS -- Class: ACCT 301 Scholars, Please locate an article on ethics on the Internet. Please give us a summary of the article, and post a link to it within your post.
Class: ACCT-301 --> WEEK 6: RESPONSIBILITY ACCOUNTING Please describe what a cost center is. How does this differ from a profit center?
Please name and give the formula for one of the stock market ratios. Describe what this ratio can tell you.
Class: ACCT-301 --> WEEK 6: BUDGETING Why does a company budget for sales first? What do you think should be budgeted after sales?
Class: ACCT-301 - Week 2 Discussion Board. Think about your last trip to the grocery store. What type of internal controls do you think the store has in place to prevent employee theft?
Class: ACCT 301: Essentials of Accounting Please describe the interrelationship between the balance sheet and the income statement. Is there also an interrelationship between the income statement and the statement of cash flows? What about the balance sheet and the statement of cash flows?