In setting out to identify three companies that have shares traded publicly on an organized stock exchange it is important to obtain the most recent financial statements that are being publicly filed for these firms. The three firms selected are Level 3 Communications, CenturyLink Inc., and Verizon Communications Inc. Hoovers list the three companies to be competitors.("Hoovers," n.d , p. 1)
The following table lists the data compiled for the three companies that are the selections for analysis.
Upon analyzing the data of the three selected companies, Verizon is in the best financial position based on the presented data that has been researched. According to the quick ratio calculations, Verizon has $1.06 dollars of liquid assets to cover
The following table lists the data compiled for the three companies that are the selections for analysis.
Upon analyzing the data of the three selected companies, Verizon is in the best financial position based on the presented data that has been researched. According to the quick ratio calculations, Verizon has $1.06 dollars of liquid assets to cover