Please refer to the income statement and balance sheet for the Diamond Gem Cleaning and Maintenance Company. Perform a financial ratio analysis of the company using the following ratios: (1) Gross profit margin, (2) Current ratio, and (3) Debt ratio.
Provide a narrative about, and observations of, significant lines from the statements.
Draw some conclusions based on your observations.
Support your observations with research, data, and logic. Research should be from at least four sources outside textbook materials and should address financial ratio and trend analysis. Discuss what limitations exist with the informational material provided. What other material would be important to your trend analysis?
Superior papers will do the following:
· Provide a financial ratio analysis of the company using: (1) Gross profit margin, (2) Current ratio, and (3) Debt ratio.
· Provide a narrative about, and observations of, significant lines from the financial statements.
· Provide conclusions that are supported with research, data and logic.
· Provide a brief discussion of what limitations exist with the informational material provided.
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