Instruction
BUCCANEER EQUIPMENT
COMPANY~ INC~
Go to p.4 in assignment, and find the answers of the following:
4. Liquidity trends and why
a. Liquidity ratios
i. Working capital
ii. Current ratio
iii. Quick ratio
b. Quantity of liquidity
c. Quality of liquidity
5. Utilization ratio trends and why
a. A/R days on hand
b. Inventory days on hand
c. A/P days on hand
6. Leverage ratio trends and why
a. Financial leverage
i. Total liabilities / Tangible net worth
b. Operating leverage
i. Total funded debt / EBITDA
7. Contingencies and commitments
8. Explain any unique balance sheet item(s)
iv. Cash flow
1. Net cash flow from operations trends and why
2. Cash after debt amortization
3. Sources and uses of cash
a. Capital expenditure requirements
b. Explain any unique adjustment(s) to cash flow
4. Cash flow coverage ratios
a. Interest coverage
b. Cash flow coverage
v. Projections
1. Assumptions
a. Source
b. Underlying logic
2. Key variables
3. Results
4. Sensitivity analysis
Please note: "use the data in the last two page of BUCCANEER EQUIPMENT COMPANY, INC"