Unformatted text preview: ---Corporations: is an artificial being created by law. .---other limited liability organizations: the most popular are limited partnerships (LPs), S corporations (S corps), limited liability corporations (LLCs), and limited liability partnerships (LLPs). Using Financial Ratios Types of Ratio Comparisons---cross-sectional analysis: involves the comparison of a different firms’ financial ratios at the same point in time. ---time-series analysis: evaluates performance over time. ---combined analysis: the most informative approach to ratio analysis combines cross-sectional and time-series analyses. Liquidity ratios: Liquidity ratio= (total liquid assets)/(total current debts) Quick (Acid-Test) Ratio: Quick ratio= (current assets – inventory)/(current liabilities)...
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- Spring '11
- Finance, Corporation, -other limited liability, -Financial services