(Answered) Martys convenience store questionsincome statement1 how

Finance

Marty's Convenience Store Questions

Income Statement:

1. How does Many's Gross Profit compare to his industry? What dollar amount is he over or under?

2. What is the break-even sales amount?

3. How would you describe his ability to manage the costs of running the business?

4. How is his profit compared to others during 2002?

Balance Sheet:

1. How does his cash position compare to his peer group? Under or over by how much?

2. How would you describe his inventory level? Too high or low, by how much?

3. Flow's his current liabilities compare to industry averages. High or low by how much?

4. How's his total debt compare? High or low by how much?

5. What arc your recommendations for Many?

Attachment:- Martys Convenience Store.rar

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Financial Management, Finance

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