Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the following information to comment on liquidity risk and solvency risk for AZV and GLHfor the period2014-2015. AZV GLH 2015 2014 2015 2014 Current

Use the following information to comment on liquidity risk and solvency risk for AZV and GLHfor the period2014-2015.

AZV

GLH

2015

2014

2015

2014

Current ratio

2.4

2.3

1.9

0.9

Quick ratio

1.7

1.6

0.7

0.6

Days accounts receivable outstanding

2

4

37

37

Days inventory held

72

61

71

68

Days accounts payable outstanding

26

22

44

38

Liabilities to assets ratio

0.591

0.469

0.495

0.497

Liabilities to shareholders' equity ratio

1.443

1.448

0.979

0.999

Long term debt to long-term capital ratio

0.454

0.461

0.120

0.131

Long term debt to shareholders' equity ratio

0.831

0.855

0.136

0.151

Operating cash flow to average total liabilities ratio

0.298

0.380

0.364

0.414

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Financial Management Concise

Authors: Eugene F. Brigham, Joel F. Houston

11th Edition

0357517717, 9780357517710

More Books

Students also viewed these Finance questions