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I need to calculate the ratios to compare with the industry data: Conestoga Consulting Inc. Conestoga Consulting Inc. is examining their 2023 year-end financial statements
I need to calculate the ratios to compare with the industry data:
Conestoga Consulting Inc. Conestoga Consulting Inc. is examining their 2023 year-end financial statements and industry data. Requirements 1. Analyze Conestoga Consulting Inc. using ratio analysis and compare it to the industry data provided in the question. Discuss weaknesses, strengths, and what you think can be done to improve performance. 2. Compute the break-even in sales dollars, cash break-even, DOL, DFL, and DCL. 3. Using your response to part 1 and part 2, comment on the risk associated with this company. \begin{tabular}{|l|r|r|} \hline \multicolumn{2}{|c|}{ Industry data } & \begin{tabular}{r} Conestoga \\ Consulting \\ Imc \end{tabular} \\ \hline Profit margin & 5.75% & 3.00% \\ Retum on assets & 6.90% & 2.19% \\ Retum on equity & 9.20% & 7.00% \\ Receivables tumover & 4.35x & 4.00 \\ Capital asset tumover & 1.85x & 2.43 \\ Total asset tumover & 1.20x & 0.86 \\ Current ratio & 1.45x & \\ Quick ratio & 1.10x & 1.55 \\ Debt-to-total assets & 25.05% & 30.75% \\ Interest coverage & 5.35x & \\ \hline \end{tabular}Step by Step Solution
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