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Referring to the data above, please help me calculate financial ratios to understand the company's financial position. 2007 2006 Consolidated Balance Sheet - Year end
Referring to the data above, please help me calculate financial ratios to understand the company's financial position.
2007 2006 Consolidated Balance Sheet - Year end December 31 (In thousan Current assets: Cash and cash equivalents Funds held for payroll customers Receivables, net Investments Inventory Prepaid expenses Current tax asset Current deferred tax assets, net Total current assets Capitalized customer acquisition costs, net Deferred tax assets, net Property and equipment, net Goodwill and intangible assets Deposits and other assets Total assets $35,508 $16,054 $24,201 $16,960 $122,613 $107,154 $1,119 $1,082 $5,383 $2,252 $3,478 $2,030 $5,449 $19,227 $690 $757 $198,441 $165,516 $70,498 $56,705 $3,878 $4,562 $50,248 $23,135 $5,970 $1,757 $154 $93 $329,189 $251,768 Current liabilities: Due to sponsor banks Accounts payable Deposits held for payroll customers Current portion of accrued buyout liability Merchant deposits and loss reserves Accrued expenses and other liabilities Current portion of borrowings and financing arrangements Total current liabilities Reserve for unrecognized tax benefits Long-term portion of accrued buyout liability Total liabilities $49,798 $20,495 $24,201 $11,521 $14,757 $15,266 $27,253 $16,936 $16.960 $11,519 $8,210 $9,649 $174 $90,701 $136,038 $1,230 $26,252 $163,520 $21,774 $112,475Step by Step Solution
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