Profitability: Riding Club was quite profitable generating a net profit margin of 50% ($3,050/$6,100). Investors: Approximately 79% of net income ($2,400 / $3,050) was paid out in the formof dividends. The balance sheet seems quite strong with net worth being 79% of total assets. Thismeans that most of the assets are claimed by the owners. Liquidity: However short-term liquiditymight become a problem due to the fact that there was only $6,525 in cash and receivables.Creditors: To pay for $11,250 in short-term accounts payables, Athena’s management may needto consider either generating more income or borrowing in the near
