Question
Abigail Naismith Corporation reported the following amounts in 2011, 2012, and 2013. Instructions 2011 2012 2013 Current assets $200,000 $230,000 $240,000 Current liabilities $160,000 $168,000
Abigail Naismith Corporation reported the following amounts in 2011, 2012, and 2013.
Instructions
2011 2012 2013
Current assets $200,000 $230,000 $240,000 Current liabilities $160,000 $168,000 $184,000 Total assets $500,000 $600,000 $620,000
(a) Identify and describe the three tools of financial statement analysis. (b) Perform each of the three types of analysis on Abigail Naismiths current assets.
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Entrepreneurial Finance Strategy, Valuation, And Deal Structure
Authors: Janet Smith, Richard Smith, Richard Bliss
1st Edition
0804770913, 9780804770910
