Question
Prepare a performance report on Barry Computer Company. (Problem 4-23 on pages 131-132 of the course text provides a balance sheet and an income statement
Prepare a performance report on Barry Computer Company. (Problem 4-23 on pages 131-132 of the course text provides a balance sheet and an income statement for the company.)- ATTACHED
1. Prepare your performance report to show calculations for the eleven ratios listed on page 131-132, as well as a comparison of your computed ratios with the listed industry averages.
2. Write a short memo to your supervisor explaining your findings and your recommendations for improvement.
- Suggest some ways in which the company can plan to improve below industry average ratio performance.
- Explain why your recommendations would be effective.
- Be sure to list your computations in an appendix to your report.
General Guidance on Application Length:
The memo portion of this assignment will typically be 2 pages in length as a general expectation/estimate. You can show your calculations of financial ratios in a supplemental appendix to your memo.
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