Company name: ikeGPS Group Ltd Discussion (Use NZX website, from its financial profile, we could get this chart...

70.2K

Verified Solution

Question

Accounting

Company name: ikeGPS Group Ltd
Discussion
(Use NZX website, from its financial profile, we could get thischart for 4 years.)
Annual report from NZX website, is used to analysis thiscompany.
Liquidity
Introduce why it is important to assess liquidity
Outline the basic ratios used to assess liquidity, andprovide an analysis of your company’s liquidity position relativeto the previous year
Refer to the appendix where you have calculated or obtainedthe relevant liquidity ratios
Conclude as to whether or not this company is demonstratinggood liquidity
300 – 350 WORDS
Financial Structure
Introduce why it is important to assess financial structure(or gearing)
Outline the basic ratios used to assess financial structure,and provide an analysis of your company’s financial structurerelative to the previous year
Refer to the appendix where you have calculated or obtainedthe relevant financial structure ratios
Conclude as to whether or not the company shows a strongfinancial structure
300 – 350 WORDS

Answer & Explanation Solved by verified expert

4.3 Ratings (588 Votes)

Liquidity ratios measure the level of current and liquid assets it evaluates the ability of the business to pay its shortterm debts This is frequently referred to as shortterm solvency position or liquidity position of the business In simple words its a way of describing how well you can cover your current liabilities using your current assets The commonly used liquidity ratios are given below Current ratio The current ratio is a ratio that measures a companys ability to pay shortterm and longterm obligations Quick ratioThe quick ratio is a measure of how See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Transcribed Image Text

Company name: ikeGPS Group LtdDiscussion(Use NZX website, from its financial profile, we could get thischart for 4 years.)Annual report from NZX website, is used to analysis thiscompany.LiquidityIntroduce why it is important to assess liquidityOutline the basic ratios used to assess liquidity, andprovide an analysis of your company’s liquidity position relativeto the previous yearRefer to the appendix where you have calculated or obtainedthe relevant liquidity ratiosConclude as to whether or not this company is demonstratinggood liquidity300 – 350 WORDSFinancial StructureIntroduce why it is important to assess financial structure(or gearing)Outline the basic ratios used to assess financial structure,and provide an analysis of your company’s financial structurerelative to the previous yearRefer to the appendix where you have calculated or obtainedthe relevant financial structure ratiosConclude as to whether or not the company shows a strongfinancial structure300 – 350 WORDS