Virtual Organizations\/Riordan Manufacturing Industries<\/p>\n
Click the Virtual Organization link on the student website to access the Virtual Organizations.<\/p>\n
Select one of the Virtual Organizations as the basis for this assignment.<\/p>\n
Obtain faculty approval of your selected organization before beginning the assignment.<\/p>\n
Access the information contained in your selected organization\u2019s balance sheet and income statement to calculate the following:<\/p>\n
\u2022 Liquidity ratios<\/p>\n
o Current ratio
o Acid-test, or quick, ratio
o Receivables turnover
o Inventory turnover<\/p>\n
\u2022 Profitability ratios<\/p>\n
o Asset turnover
o Profit margin
o Return on assets
o Return on common stockholders\u2019 equity<\/p>\n
\u2022 Solvency ratios<\/p>\n
o Debt to total assets
o Times interest earned<\/p>\n
Show your calculations for each ratio.<\/p>\n
Create a horizontal and vertical analysis for the balance sheet and the income statement.<\/p>\n
Write a 350- to 700-word memo to the CEO of your selected organization in which you discuss your findings from your ratio calculations and your horizontal and vertical analysis. In your memo, address the following questions:<\/p>\n
\u2022 What do the liquidity, profitability, and solvency ratios reveal about the financial position of the company?
\u2022 Which users may be interested in each type of ratio?
\u2022 What does the collected data reveal about the performance and position of the company?<\/p>\n","protected":false},"excerpt":{"rendered":"
Virtual Organizations\/Riordan Manufacturing Industries Click the Virtual Organization link on the student website to access the Virtual Organizations. Select one of the Virtual Organizations as the basis for this assignment. Obtain faculty approval of your selected organization before beginning the Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-176248","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/176248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=176248"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/176248\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=176248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=176248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=176248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}