A Business's Financial Report

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

Marginal – Customer appears to be sound, but the assurance sic should be extended on a 30 day basis with a relatively low credit limit. Credit status and credit limit are re-evaluated either 90 days West 49’s monetary Report Review West 49 is a Canadian company that has stores all over the country. West 49 is a retail store that is known for thei! r surfing, snowboarding and mainly skateboarding apparel, equipment, footgear and accessories. Boardzone, Billabong, off-key the Wall, Dukes Northshore are some of the names of stores that operate to a lower place West 49. There are 125 stores under the West 49 umbrella. The fiscal twelvemonth 2007 seemed to be a vivid year for West 49 with the opening of 20 stores. non unless finished, 10...If you want to get a full essay, order it on our website: OrderEssay.net

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