Summary Case No. 35 Lakeside

Decent Essays
1.35 1.35 There is no noticeable fluctuation, which indicates that a stable liquidity conditions (by the measured liquid)
93.11 100.56 The ratio shows that the company manages its inventory normal. It also shows the inventory turns.
22.07 26.36 Since the increase of the average number of days to collect accounts receivable that may be the focus of a company. This suggests that companies should be more active in collecting money.
74.4 74.5 No obvious fluctuation, the company's assets by debt. The lower the ratio, the better. Creditors that debt ratio and concern.
3.57 2.79 There is a significant change ratio. Have a lower interest rate means less income can be used for the company to pay.
2.79 2.27 There is a slight decline in margins. It measures how to control costs. The higher
…show more content…
This may indicate short-term solvency problems
98 100.55 Lakeside is above the industry average. Lakeside has not managed its inventory properly.
13.6 26.35 Lakeside is above the industry average. The company should try to be lower the average number of days to collect receivables or it might be a great concern to the company in terms of getting back the money owed to them.
50.46 74.5 Above the average. Lakeside has a big amount of financial debts and bases.
22.27 2.79 Lakeside is well below the industry average. This indicates that Lakeside company doesn’t have any investment on interests
2.32 2.27 Lakeside is below the industry average. Lakeside should try to decrease the cost during the process.
4.99 6.73 Lakeside is above the industry average. Lakeside has a better use of asset than the industry average.
10.46 26.4 Lakeside is above the industry average. The company has better abilities in return on equity.
1. A debit balance appears in the “Allowance for Doubtful Accounts” account.
2. A huge increase in repairs and maintenance
3. Inventories increased
4. Accounts payable has increased.
5. Estimate the bonuses have risen

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