Question

Accountancy

An experienced budget analyst at Technica,Inc,. , has been charged with assessing the firm’s financial performance during 2006 and its financial position at year-end 2006. To complete this assignment, she gathered the firm’s 2006 financial statements (below). In addition,

She obtained the firm’s ratio values for 2004 and 2005, along with the 2006 industry average ratios (also applicable to 2004 and 2005).

LG1

TO DO

Q1. Calculate the firm’s 2006 financial ratios, and then fill in the preceding table. (Assume a 365-day year.)   


Q2. Analyze the firm’s current financial position from both a cross-sectional and a time-series viewpoint. Break your analysis into evaluations of the firm’s liquidity, activitydebt, profitability, and market.

            


Q3. Summarize the firm’s overall financial position on the basis of your findings in part b


Q4. What ethical issues could confront a financial manger?


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