Question
You were just hired as a new Financial Analyst reporting to the Chief Financial Officer of Judith Enterprise, Inc. (Judith). You have been assigned to
You were just hired as a new Financial Analyst reporting to the Chief Financial Officer of Judith Enterprise, Inc. (Judith). You have been assigned to prepare an analysis of the financial ratios of your company versus the Industry Averages. You note the following:
Judiths Current Ratios were:
3.54 in 2018 and 2.31 in 2017 and 1.19 in 2016
The Industry Average is 1.33.
- Is Judiths Current Ratio performance good or bad?
- What SPECIFIC ACCOUNTS will you now analyze to try to explain the difference between Judiths results and the industry average?
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Fraud Examination And Prevention
Authors: W. Steve Albrecht, Chad O. Albrecht
1st Edition
053872689X, 978-0538726894
