Week Four Individual ACCT421

Week Four Individual ACCT421 - 1A 2c 3b 4b 5c 6c 7c 8b 9a...

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1 A Settlement of fedral tax case at a cost considerably in excess of the amount 2 c Introduction of a new product line 3 b Loss of assembly plant due to fire 4 b Sale of a significant portion of the companys assets' 5 c retirement of the compnay president 6 c Prolonged employee strike 7 c Loss of a significant customer 8 b Issuance of a significant number of shares of common stock 9 a Material loss on a year end recievables because of a customers bankruptcy 10 c Hiring of a new president 11 a Settlement of prior year's litigation against the company 12 B Merger with another compnyof comparable size
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t expected at year end y
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 Tolouse Co.  Lautraue Co. Current Ratio  910,000.00   2.98   1,140,000.00  3.26  305,000.00   350,000.00  Quick Test Ratio  1.11   1.78  Current Cash to debt Ratio  0.39   0.91  Accounts Recievable Turnover  4.23   4.97  Inventory Turnover  1.14   1.75  According to this data the Lautrax would be the better choice for the loan because they have less debt a
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and more assets and cash to pay off the loan. 
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  • Spring '10
  • whitehurst
  • Stockholder Equity, Total stockholders equity, Assets Total Assets, Current Assets   Cash, Long Term Liabilites, Earnings    Total Stockholders

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