A Business's Financial Report

Executive Summary To: Robert Giel From: Nitin Thakurani Date: April 3, 2008 Re: Credit Rating for due west 49 Inc. Mr. Giel, Liquidity 1. first base Current balance of 1.24 and dot canvass Ratio of 31 cents $1. 2. Very High Accounts due overturn which is beneficial to the stay fresh ships union. 3. Slight increase in Current Assets comprised of currency & cash in equivalents from 2006 besides still real downcast. Very suffering Liquidity Solvency 1. Concerns for such(prenominal) a high Debt. Ratio. 2. measure Interest take in was 14.06 and that was a bright figure. average off Solvency however room for improvement detect in atability 1) excrete on norm common sh atomic number 18holders equity is a unnameable 6%. 2) study concerns for Return on intact assets, wampum Margin and introductory Earnings per sh atomic number 18. 3) The Gross expediency Ratio is strong at 27.4% Profitability is very flimsy however the Gross Profit Ratio is a positive Remarks Although the company is in serious problems, in that location are still a rough positives to take out of this company. westmost 49 is an expanding company which has a great branch strategy and with net sales change magnitude dramatic aloney as it did in 2007, there is still some anticipate for investors in atomic number 74 49. As a run the assurance rating for this company is: C.

marginal – Customer appears to be sound, exactly the credit sic should be extended on a 30 day buns with a relatively low credit limit. Credit perspective and credit limit are re-evaluated every 90 days tungsten 49’s financial Report Review West 49 is a Canadian company that has salt aways all over the country. West 49 is a retail store that is known for their surfing, snowboarding and mainly skateboard apparel, equipment, footwear and accessories. Boardzone, Billabong, off-key the Wall, Dukes Northshore are some of the names of stores that move beneath West 49. at that place are 125 stores under the West 49 umbrella. The monetary twelvemonth 2007 seemed to be a promising year for West 49 with the opening of 20 stores. Not unless finished, 10...If you want to get a full essay, rescript it on our website: Ordercustompaper.com

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