Get help now
  • Pages 2
  • Words 339
  • Views 338
  • Download

    Cite

    Jill
    Verified writer
    Rating
    • rating star
    • rating star
    • rating star
    • rating star
    • rating star
    • 4.9/5
    Delivery result 5 hours
    Customers reviews 984
    Hire Writer
    +123 relevant experts are online

    Quickfix Auto Parts Essay (339 words)

    Academic anxiety?

    Get original paper in 3 hours and nail the task

    Get help now

    124 experts online

    How does Suffix’s average compound growth rate in sales compare with its earnings growth rate Over the past five years’suffix’s sales have increased by an average compound rate Of 14% per year over the past five years. In comparison, its net income has declined from over 516,600 in 2000, to a loss of $102 in 2004. 2. Which statements should Juan refer to and which should he construct so as to develop a fair assessment of the firm’s financial condition? Explain why? Juan should refer to the income statement and the balance sheet over the past 3-5 year period.

    In addition, he should prepare a cash flow statement, common size income statement and common size balance sheet. The accounting statements provide the raw data from which the other statements can he prepared. The cash flow statement helps determine where the cash came from and where it was spent during a year. The common size statements provide useful information regarding the relative trends of the various assets, liabilities, revenue sources, and expense items, They also help the analyst make meaningful comparisons between firms of varying sizes. What calculations should Juan do in order to get a good grasp Of What is going on with Suffix’s performance? Juan should calculate the various liquidity, leverage, profitability, activity, and coverage ratios for at least a three-year period. In addition, a Du Pont analysis Of the return on equity will help determine what has affected the profitability of the company. 4. Juan knows that he should compare Suffix’s condition with an appropriate benchmark. How should he go about obtaining the necessary comparison data?

    Based on Suffix’s industry classification code, Juan should collect industry averages tooth key financial ratios. Some useful sources tort industry ratios include: Value Line, Moody’s, Standard & poor, and Dun & Broadsheet. In addition to the industry average, the industry leaders (within the size category) ratios could also be collected from the Internet (e. G. Marketing_com) and used for comparison. 5. Besides comparison with the benchmark what other types of analyses could Juan perform to comprehensively analyze the firm’s condition?

    This essay was written by a fellow student. You may use it as a guide or sample for writing your own paper, but remember to cite it correctly. Don’t submit it as your own as it will be considered plagiarism.

    Need custom essay sample written special for your assignment?

    Choose skilled expert on your subject and get original paper with free plagiarism report

    Order custom paper Without paying upfront

    Quickfix Auto Parts Essay (339 words). (2018, Dec 26). Retrieved from https://artscolumbia.org/quickfix-auto-parts-47887/

    We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

    Hi, my name is Amy 👋

    In case you can't find a relevant example, our professional writers are ready to help you write a unique paper. Just talk to our smart assistant Amy and she'll connect you with the best match.

    Get help with your paper