Saturday, May 4, 2019
Research application Paper Example | Topics and Well Written Essays - 500 words
Application - Research Paper ExampleThe phoner nethertakes services from receiving shipments from defined points to taking charge of all clearance procedures upto the delivery points. Aramex Inc (2014) provides different modes of transportation much(prenominal) as air-sea, air-land and supposedly sea-land depending on customer requirements.The financial statement analysis presents consolidated financial statements of Aramex Inc and its subsidiaries. intro of consolidated financial position and review of consolidated statement of cash flows, comprehensive income statement and remainder sheet is on quarterly basis. Expenses as per the companion can be categorized as under administrative expenses and operating expenses (Market Publishers, 2014).Review of financial statement complicates calculation of differents financial ratios. Financial ratios based on the balance sheet focuses on current asset and current liability as shown within the companys balance sheet. The financial ratios include Working Capital, Current Ratio and Quick Ratio (Market Publishers, 2014).. tally to Aramex Inc financial statement, the current ratio for the company is 2.31 and this indicates the liquidity position of the company. Current ratio indicates the relationship alert between current assets and current liabilities. For satisfactory liquidity position the ratio should exceed 21, consequently there is strong liquidity position within the firm since the ratio exceeds two. However, the company gives no fact concerning Quick Ratio due to lack of detail inventory making current ratio to work same purposes as Quick ratio. This is an indication on the fact that short-term solvency of the firm in uplifted and eligible. The Cash Ratio for indicates soundness of the firm showing that the company currently has enough cash at hand making it possible for management to meet current obligations (Market Publishers, 2014).From the financial statement analysis, Debt management ratios include D ebt
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