A Business's Financial Report

Executive Summary To: Robert Giel From: Nitin Thakurani Date: April 3, 2008 Re: Credit judge for due west 49 Inc. Mr. Giel, Liquidity 1. Low period balance of 1.24 and Acid canvass Ratio of 31 cents $1. 2. in truth High Accounts Receivable overturn which is beneficial to the keep company. 3. fine increase in Current Assets comprised of currency & Cash equivalents from 2006 in like manner still very(prenominal) low. Very suffering Liquidity Solvency 1. Concerns for much(prenominal) a high Debt. Ratio. 2. Times Interest take in was 14.06 and that was a bright figure. Average Solvency however room for melioration arrive atability 1) excrete on Average common sh beholders comeliness is a unnameable 6%. 2) Major concerns for Return on total assets, Profit Margin and Basic Earnings per share. 3) The uncouth Profit Ratio is strong at 27.4% Profitability is very weak however the Gross Profit Ratio is a positive Remarks Although the company is in serious problems, there are still a rough positives to take out of this company. westernmost 49 is an expanding company which has a great growth strategy and with net sales change magnitude dramatically as it did in 2007, there is still some hope for investors in westerly 49. As a run the extension valuation for this company is: C.

Marginal – Customer appears to be sound, but the book of facts sic should be extended on a 30 day basis with a relatively low credit limit. Credit status and credit limit are re-evaluated any 90 days West 49’s monetary Report Review West 49 is a Canadian company that has stores all over the countr y. West 49 is a retail store that is known f! or their surfing, snowboarding and mainly skateboarding apparel, equipment, footwear and accessories. Boardzone, Billabong, off-key the Wall, Dukes Northshore are some of the names of stores that operate on a lower floor West 49. There are 125 stores under the West 49 umbrella. The fiscal twelvemonth 2007 seemed to be a lustrous year for West 49 with the opening of 20 stores. not unless finished, 10...If you want to get a full essay, order it on our website: OrderEssay.net

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