Financial Ratio Analysis 1 Page
LilianNBluestone Metals, Inc., is a metal fabrication firm that manufactures prefabricated metal parts for customers in a variety of industries. The firm’s motto is “If you need it, we can make it.” The CEO of Bluestone recently held a board meeting during which he extolled the virtues of the corporation. The company, he stated confidently, had the capability to build any product and could do so using a lean manufacturing model. The firm would soon be profitable, claimed the CEO, because the company used state-of-the-art technology to build a variety of products while keeping inventory levels low. As a business press reporter, you have calculated some ratios to analyze the financial health of the firm. Bluestone’s current ratios and quick ratios for the past 6 years are shown in the table below:
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | |
Current ratio | 1.2 | 1.4 | 1.3 | 1.6 | 1.8 | 2.2 |
Quick ratio | 1.1 | 1.3 | 1.2 | 0.8 | 0.6 | 0.4 |
What do you think of the CEO’s claim that the firm is lean and soon to be profitable?
11 years ago
10
Purchase the answer to view it
lean_manufacturing_model_promotes_continues_efforts_to_reduce_wastage_involved_in_manufacturing_and_distributing_process.docx
- Film Study Project
- America: Riveting Prospects"
- public economy
- The y-intercept of a regression equation is interpreted as:
- The following discussion relates to the opportunity costs.
- Recommendation letter
- Homicide Crime Scene Search
- assignment human resource due in 4 hours 5 slides
- memo,email.
- finc 600 week 4 9.2, 9.16, 10.2, 10.14
