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Homework answers / question archive / Hi, I am looking for someone to write an article on financial analysis of custom snowboards inc Paper must be at least 1750 words

Hi, I am looking for someone to write an article on financial analysis of custom snowboards inc Paper must be at least 1750 words

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Hi, I am looking for someone to write an article on financial analysis of custom snowboards inc Paper must be at least 1750 words. Please, no plagiarized work! As we are aware that there has been an immense amount of economic turmoil all around the world. Custom Snowboards Inc. was also severely impacted as the customers decreased their expenditure on leisure and sports. However, the company did not have to suffer like other companies did and it suffered from a 4% decline in Sales. Horizontal Analysis An increase in Sales Expenses are fairly consistent Interest income increased by 28% and interest expense decreased by 5% Current assets increased by more than 100% and total assets by 3.6% whereas total current liabilities had no significant impact Retained Earnings increased by more than 70% Vertical Analysis Gross Profit is 30% of Sales General and admin expenses are less than 20% of sales on average during years 12, 13, &amp. 14 On average, current assets constitute approx. 50% of the total assets Cash comprises of more than 15% of the total assets and has the highest constituency whereas receivable come second Current Liabilities are under 10% of the Total liabilities and equity Trend analysis - Trend analysis is the percentage changes in items of the financial statement during successive years. We can also call it an extension of the Horizontal Analysis and indicates the direction of change. The snapshot shows the sales trend during years 12, 13, &amp. 14 respectively.

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