ACC 291 Ratio Analysis Memo Berry’s Bug Blasters
ACC 291 Ratio Analysis Memo Berryâ€™s Bug Blasters. So I have the some information contained in my selected organizationâ€™s balance sheet and income statement that needs to calculate the following: Here is the current data
Here is previous data
Acid-test, or quick, ratio
Return on assets
Return on common stockholdersâ€™ equity
Debt to total assets
Times interest earned
Show your calculations for each ratio.
Create a horizontal and vertical analysis for the balance sheet and the income statement.
Write a 350- to 700-word memo to the CEO of your selected organization in which you discuss your findings from your ratio calculations and your horizontal and vertical analysis. In your memo, address the following questions:
What do the liquidity, profitability, and solvency ratios reveal about the financial position of the company?
Which users may be interested in each type of ratio?
What does the collected data reveal about eh performance and position of the company?
Format your memo consistent with APA guidelines.