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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Current ratios compare liquidity among different sizes and of a single company measured over time (Porter & Norton). This assignment will help you to develop ratios that reflect the financial condition of a company.
First, review in detail the "Review Problem and Solution" on pages 86-87 in your text and make sure you know where every number comes from.Then, download the Excel template below and save it to your computer. Complete Problem 2-3A, "Classified Balance Sheet" on page 90 and Problem 2-7A, "Multiple-Step Income Statement and Profit Margin" on page 91 in your text then submit in an Excel document.
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