Question
Use the summarized financial information for The J. Willis Holding Company (JWHC) shown in the table below for problems 1 through 4. Last Year Current
Use the summarized financial information for The J. Willis Holding Company (JWHC) shown in the table below for problems 1 through 4.
|
| Last Year | Current Year |
| Revenues | $5,700.00 | $5,050.00 |
| CGS | $4,560.00 | $4,040.00 |
|
|
|
|
| Cash & Equivalents | $714.80 | $120.00 |
| Inventory | $300.00 | $340.00 |
|
|
|
|
| Accounts Payable | $320.00 | $300.00 |
| Accruals | $40.00 | $50.00 |
| Notes Payable | $70.00 | $60.00 |
2. For both years, calculate the CCC (and its components), the NLB, and DCH. Interpret the values for the current year. Also, discuss the observed two-year trend in liquidity
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Who Is Your Competition You Real Estate Wholesaling Questions Answers And Tools To Help Beginners Crush Their Fears And Stop Procrastinating
Authors: Nick Zalonis
1st Edition
1716097193, 978-1716097195
