Question
Download or view the 2023 financial statements for Peloton from EDGAR and answer the following questions: 1. Calculate the companys current ratio, debt ratio and
Download or view the 2023 financial statements for Peloton from EDGAR and answer the following questions:
1. Calculate the companys current ratio, debt ratio and profit margin for both 2023 and 2022.
2. Comment on Pelotons liquidity, solvency, and profitability. Look at the trend over the two years.
3. Why is this information important to:
a. You as the manager?
b. You as the investor?
c. You as the bank officer looking at offering the company a loan?
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
