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an analyst has produced the following ratio analysis and has asked you to comment on 592013
Equinox Services Inc. Statement of Financial Position (in $thousands)
|
Non current assets Property, plant, & equipment Current assets Accounts receivable Bank |
$21,933 |
$17,990 |
|
7,080 377 |
4,750 |
|
|
7,457 |
6,000 |
|
|
Total assets |
$29,390 |
$23,990 |
|
Non current liabilities |
||
|
Long term loans |
2,750 |
2,000 |
|
Current liabilities |
||
|
Accounts payable |
4,300 |
3,750 |
|
Total liabilities |
7,050 |
5,750 |
|
Shareholders” equity |
||
|
Share capital |
10,000 |
10,000 |
|
Retained earnings |
12,340 |
8,240 |
|
22,340 |
18,240 |
|
|
Total liabilities and shareholders” equity |
$29,390 |
$23,990 |
An analyst has produced the following ratio analysis and has asked you to comment on any aspects that you think are important.
