Week 2

The total assets comprises of the massive precondition and authoritative assets. In 2004, destruction to 50% is circulating(prenominal) and 50% is fixed. The majority of the fixed assets ar pay pension cost which is around 32% and different both foremost components of fixed assets be property, rig and equipment and separate assets, they ar 9% and 8% correspondingly. The major part of the current assets is capital and the bullion equivalent which is 20% of current assets. on the hale of the assets that have been largely financed by spacious term liabilities which ar 96% and short term liability are 31%. It would make the total financing of 127% due to minus rightfulness which is -27%. The negative law is due to losings of past long time to the amount of $ 20793. The component of assets in 2004 was reformed as associated to 2003, the another(prenominal) current assets increased in the vicinity of 50%, inventories amplified by 30 % and marketable securit ies by 25%, however at that place was drop- withdraw of 12% in cash and cash equivalent, lessening in receivables by 10% and slack in plant and equipment by 14%, this could be the focal cerebrate for increase in marketable securities. Growth in long term liability has been compensated by decrease in current liability with about same percentage.

Overall decrease in liability was around 29% in 2004, in the main because of decrease in pension liability by 25%, the shareholders paleness due to set ahead in the sugar income for the year, by almost 9%. Unquestionably the position of the federation is not actu ally reliable especially for the investor as! the follows equity is in negative due to past years losses to the amount of $22795 in the year 2003. However there was expect for investor yet, due to progress in the year 2004 as the fraternity has shown a profit of $2002. As the creditors are not generally concerned with the favorableness of the company, rather they seek for ability of the company to pay off its short term debts. The companys current proportion is 1.6 in 2003 and it has improved to 1.84 in 2004 which shows that...If you wish to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper