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Bsa/500 Financial Ratio

University of Phoenix
BSA/500 Business Systems 1

Memo
To: Susan L. Speulda, MBA

Re: Week Five Individual – Financial Ratio – Riordan Manufacturing
Susan I have attempted to calculate the Current and Debt ratios, together with the Profit margin and the ROA for Riordan Manufacturing and compare them to Ball Corporation a manufacturer of metal and plastic packaging, for beverages, foods and household products.
Current Ratio
As you know, the Current Ratio is defined within the Understanding Financial Information and Accounting chapter (18), Nickels, W.G, McHugh, J.M and McHugh, S.M (2004) is defined as the ratio of Riordan Manufacturing's current assets to its current liabilities.
Current ratio = Current assets / Current liabilities
Over the period of 2004 through 2005 the company has shown a decrease of .34% in Current ratio from 2.43% (04) to 2.09% (05), which compares to a similar decrease for Ball Corp. from 125% (04) to 104% (05) a decrease of 21%
Debt Ratio
The......


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Approximate Word Count: 500
Approximate Pages: 2 (250 words per double-spaced page)

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