Resources:Virtual Organizations Click the Virtual Organization link to access the Virtual Organizations. Selec t one of the
Question:
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Resources:Virtual Organizations
ClicktheVirtual Organizationlink to access the Virtual Organizations.
Select one of the Virtual Organizations as the basis for this assignment.
Obtainfaculty approval of your selected organization before beginning the assignment.1
I chose Kudler Fine Foods, and have already had it approved. Attached are the income statement and balance sheet.
Accessthe information contained in your selected organizations balance sheet and income statement to calculate the following:
- Liquidity ratios
- Current ratio
- Acid-test, or quick, ratio
- Receivables turnover
- Inventory turnover
- Profitability ratios
- Asset turnover
- Profit margin
- Return on assets
- Return on common stockholders equity
- Solvency ratios
- Debt to total assets
- Times interest earned
Showyour calculations for each ratio.
Createa horizontal and vertical analysis for the balance sheet and the income statement.
Writea 350- to 700-word memo to the CEO of your selected organization in which you discuss your findings from your ratio calculations and your horizontal and vertical analysis. In your memo, address the following questions:
- What do the liquidity, profitability, and solvency ratios reveal about the financial position of the company?
- Which users may be interested in each type of ratio?
- What does the collected data reveal about the performance and position of the company?
Formatyour memo consistent with APA guidelines.
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