27 Sep Purpose of AssignmentThis activity helps students recognize the s
Purpose of AssignmentThis activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability.Two-Rivers Inc. (TRI) manufactures a variety of consumer products. The companys founders have run the company for thirty years and are now interested in retiring. Consequently, they are seeking a purchaser, and a group of investors is looking into the acquisition of TRI. To evaluate its financial stability, TRI was requested to provide its latest financial statements and selected financial ratios. Summary information provided by TRI Document presented below.Required:a. Calculate the financial ratios for the fiscal year Year 2. (use excel to create formulas and calculate results (see excel tutorial if needed)) The necessary ratios are those found in the TRI documents.You will need to perform research outside of the book.b.Analyze what each of these financial ratios means in terms of TRIs financial stability and operating efficiency.I am looking for a dollar for dollar explanation of what they mean for TRI- not a general definition. For example, a current ratio of 1.2 means that for every dollar of current debt, the company has $1.20 in current assets to pay them.Please make sure you express the ratios properly (as a decimal, dollar or percentage).Click the Assignment Files tab to submit your assignment. Please Submit a word doc with your explanations AND your excel spreadsheet so that I can see your calculations in the cells.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Do you need help with this question?
Get assignment help from Aqhomework.com Paper Writing Website and forget about your problems.
Aqhomework provides custom & cheap essay writing 100% original, plagiarism free essays, assignments & dissertations.
With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Click Order now to access our order form, fill your paper details correctly, select your paper deadline and wait for our writers to send a perfectly written assignment.
Chat with us today! We are always waiting to answer all your questions.