Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Why exactly are these trends are occurring, what are the underlying business environment or strategic/management reasons that may be causing the company performances to be

Why exactly are these trends are occurring, what are the underlying business environment or strategic/management reasons that may be causing the company performances to be different or similar, and whether they are strengths or concerns

. Brookfield 2021 2020 2019 Current Asset $56,270,000 $41,857,000 $34,801,000 Current Liabilities $65,075,000 $49,503,000 $40,615,000 Current Ratio 0.86 0.85 0.86 Average Current Ratio 1.71 1.87 1.58 Total Liabilities $256,262,000 $221,054,000 $207,123,0 Total Assets $391,003,000 $343,696,000 $323,969,000 Debt Ratio 0.66 0.64 0.64 Average Debt Ratio 1.71 1.87 1.58 RioCan 2021 2020 2019 Current Asset $609,474 $808,464 $375,410 Current Liabilities $858,972 $1,323,563 $1,298,374 Current Ratio 0.71 0.61 0.29 Average Current Ratio 1.71 1.87 1.58 Total Liabilities $7,266,119 $7,532,735 $2,932,000 Total Assets $8,382,700 $8,422,800 $6,883,115 Debt Ratio 0.48 0.49 0.45 Average Debt Ratio 0.52 1.87 1.58

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_2

Step: 3

blur-text-image_3

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

Financial Accounting Reporting Analysis And Decision Making

Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong

5th Edition

0730313743, 978-0730313748

More Books

Students also viewed these Accounting questions