QUESTIONS ABOUT COMPUTER OPERATIONS AND INTERNAL CONTROLS in accounting.
. Based on your ratio calculation, can the company meet its short-term obligations? Long-term liabilities?
You must use some benchmark figures such as the industry averages or general rule of thumb numbers or S&P 500 averages and the like to support your conclusion. Assume that the company’s industry is Furniture Stores.
ROI Return on Investment 77.29%
GM% Gross Margin / Net Sales 27.42%
Current Ratio Current Asset/Current Liabilities 2.75
Debt To Equity Total Liabilities/Owners Equity 0.81
EPS Net Income/Number of common share outstanding 189.56
. What other option(s) does the company have in order to obtain the same amount of net income?
Just describe them briefly.
. Discuss some advantages of using spreadsheet programs in financial analysis of the corporation