《财务管理基础第13版》相关章节答案全面.pptVIP

Chapter 6: Financial Statement Analysis (iii) An easy answer would be to point to the high rate of return on equity (#8) and say “buy”. On the other hand, the high degree of leverage (#5) and the declining profitability (#s 7, 8, and 9), would indicate caution. The student should at least be aware of the multitude of fundamentally negative factors involved. SOLUTIONS TO SELF-CORRECTION PROBLEMS 1. Present current ratio = $800/$500 = 1.60. a. $700/$500 = 1.40. Current assets decline, and there is no change in current liabilities. b. $900/$600 = 1.50. Current assets an