HW - 1 Liquidity Majesco Entertainment The Current Ratio...

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1. Liquidity Majesco Entertainment The Current Ratio has increased since the previous years. The reason why the ratio increased is because Inventory had a significant increase in current assets. Accounts Receivable and Accounts Payable have increased, showing that there is a substantial amount of debt. The 2008 recordings show that the liquidity has deteriorated since the previous year. THQ Inc. The Current Ratio had a significant decrease since the previous years. The balance sheet provides the information that Accounts Receivable and Accounts Payable have gone down. Inventory has also gone down in size. The liquidity has improved in 2008 compared with the other four years. Asset Management Majesco Entertainment Days’ Inventory, Days’ Receivables, and Day’s Payable Ratios have all increased since the previous year in 2007. Inventory turnover has decreased significantly; the process of bringing in the inventory and the customers buying it off the shelves has slowed down. There is a significant amount of debt held up from customers and the Majesco Entertainment Company itself. The Asset Management has deteriorated since the previous year in 2007. I believe the numbers are much higher due to the increase in net sales. There is a high number in Inventory maybe resulting to a discount in market price. Net sales has increased; meaning the production increased. Accounts Receivable went up because more
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