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You've just completed an analysis of a potential subcontractor who performs steel erection. Given the following financial data, measure their Current to Total Assets ratio
You've just completed an analysis of a potential subcontractor who performs steel erection. Given the following financial data, measure their Current to Total Assets ratio and consider which of the following answer best fit this scenario. $3,250,688.00 $1,992,357.00 $620,306.00 $797,325.00 Current Assets Fixed Assets Property Construction Equipment Vehicles Office Equipment Less Depreciation Other fixed assets $688,920.00 $178,299.00 - $353,923.00 $61,430.00 Their Current to Total Asset Ratio is consistent with industry averages, so they should be considered a low risk. Their Current to Total Asset ratio is not within industry standards, so it is too much of a risk. Their Current to Total Asset Ratio is within industry standards for an equipment-intensive contractor. However, the fixed assets are more weighted to property and vehicles and not equipment. Their Current to Total Asset Ratio doesn't relate to their ability to perform work. You've just completed an analysis of a potential subcontractor who performs steel erection. Given the following financial data, measure their Current to Total Assets ratio and consider which of the following answer best fit this scenario. $3,250,688.00 $1,992,357.00 $620,306.00 $797,325.00 Current Assets Fixed Assets Property Construction Equipment Vehicles Office Equipment Less Depreciation Other fixed assets $688,920.00 $178,299.00 - $353,923.00 $61,430.00 Their Current to Total Asset Ratio is consistent with industry averages, so they should be considered a low risk. Their Current to Total Asset ratio is not within industry standards, so it is too much of a risk. Their Current to Total Asset Ratio is within industry standards for an equipment-intensive contractor. However, the fixed assets are more weighted to property and vehicles and not equipment. Their Current to Total Asset Ratio doesn't relate to their ability to perform work
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