Custom Snowboards Expansion Case Study

It was pleasant enough to be able to stand comfortably outside in a light jacket or sweatshirt. A perfect day to glide down a powdery mountain along with my best friend. The anticipation was building as I sat in the back of Mrs. Smith’s eighth grade classroom. In a matter of minutes I would be packing my gear into the car and traveling toward impending doom: Sundown Mountain, twenty one runs of exhilaration and danger. At that point in time I didn’t know whether to be excited or nervous. Snowboarding was completely new to me, not too much different than skiing except for the fact that my balance would be shifted differently. I struggled enough as it was keeping my balance on skis. How could I possibly be able to successfully maintain my balance on a board?

The current ratio directly relates the company’s current assets against its current liabilities. A good current ratio will be over 1. For example if the current ratio were 2.0 this would mean that the company’s current assets are twice as large as its current liabilities. For Tesla Motors the current ratio drops significantly over the years. It starts at 2.76 in 2010, then drops to 1.95 in 2011, and finally reaches 0.97 in 2012. As you can see the current ratio in 2012 is below one. The current ratio of 0.97 means that as of December 2012, Tesla Motors has more current liabilities than current assets.

     Snowboarding is a sport that is geared towards youth. When it was just beginning snowboarding was sort of an outcast activity on most mountains, now it’s become more mainstream. In fact it’s so popular now that it’s become an Olympic sport and mountains now cater towards snowboards. With this increase in popularity some of the traditional skiers are switching to snowboarding, which seems to be upsetting some of the younger snow boarders.

Throughout time, the progression and evolution of snowboarding has increased greatly. It has gone from non existence in the late 1970’s, to one of the most watched action sports in a matter of thirty-five years. The upward takeoff and popularity of snowboarding relies on two people, Jake Burton and Shaun White. Jake Burton back in 1977 had the vision for what snowboarding would be, but Shaun White had what it took to manifest that vision. Evidence has shown that time brings change in sports, history has repeated itself with snowboarding, this history reflects the time & changes that has occurred in America.

An organization’s current ratio shows how liquid the assets of the agency are by comparison to the short term debts that the agency must pay to continue its operations. This ratio is calculated by taking the assets that can be converted to cash within a year (current assets) and dividing it by the liabilities that are either currently due or will become due within a year (current liabilities). The current ratio, ideally, should be at

Current Ratio: Current ratio measures the capability of the company in paying current liability. Higher the current ratio, better the liquidity position of the company. Generally, a current

This ratio indicates whether it can respond to the current liabilities by using current assets. As many times, we can cover short-term obligations, as better for the company. This indicates that significant and high improvement in the liquidity. The increase in the current ratio 11.5 % will result in an increase in current assets where the current liabilities increased by 2.1%.

This ratio indicates a company’s liquidity. It depicts how many dollars of current assets exist for every dollar in current liabilities. The ratio is the higher, the better. Home Depot and Lowe’s has increasing current ratio while Home Depot has a slightly higher one.

Current Ratio: Current ratio helps the company assess its ability to use assets like cash, accounts receivable, inventory and the ability to pay short term liabilities as the accounts payable and wages. The ratio can be found by dividing the current assets /the current liabilities. Year 12 shows a ratio of 1.78 with year 11 a ratio of 1.86. Year 12 is down from year 11. The industry is 2.1 so year 12 has declined from the previous year and is near the lower quartile which means there is a weakness. There is a showing of declining trending.

The first time I went snowboarding I was 9 or 10. Me, my mom, my dad, and Lucas drove up to Mars Hill, North Carolina. The place we went was a small resort named Wolf Ridge Ski Resort. Wolf Ridge has 15 trails including one bowl, one black, nine blues, and four greens. The black diamonds are the equivalent to blues in colorado or utah. Since it was my brother and I’s first time we found a rental place the night we got into Mars Hill and rented boots and boards for the very next morning. We were so excited, my brother and I got up super early in our family's hotel room and drove the short 5 min drive up through the mountains. We got there around 7:30 and the lifts started running at 9:00. We had brought skateboard helmets, small jackets almost hoodie

The accounts receivable turnover formula is, net credit sales divided by average net accounts receivable. According to Target 10-K Annual Financial Statement report, it shows the net credit sale of Target decreases from $ 73785 million in 2015 to $ 69495 million in 2016. Moreover, the average net accounts receivable is $ 402.5 million. It shows the difference is not too much between the net accounts receivable between 2015 and 2016. When people apply these above data into the formula, the accounts receivable turnover equals 161.35 times. On the other hand, the net credit sales of Walmart increases from $ 478614 million in 2016 to $ 481317 million in 2017. It brings advantages to Walmart such as amount of stable customers, competitive advantage, and reputation. Moreover, Walmart has the average net account receivable is 5730 when people based on data on $ 5620 million 2016 and $ 56840 million in 2017. Then, people use the accounts receivable turnover formula to calculate, the result is 83.5. Therefore, people can base on the accounts receivable turnover to determine Target turn receivable to cash in its industry which is slower than Walmart because Target ‘s result is larger than Walmart. In addition, Target can have more ability to need to attract investors to increase financing from

To calculate the current ratio, which is one of the most popular liquidity ratios you divide all of firms current assets by all of its current liabilities. McDonalds has $1,819.3 (*everything is in millions for McDonalds) of current assets and $2,248.3 in current liabilities making the firms current ratio .81. In 2005 Wendys has current assets of $266,353 and current liabilities of $296,687 making their current ratio .90. Current ratios are used to represent good liquidity and financial health. Since current ratios vary from industry to industry, the industry average determines if a firms current ratio is up to par, strength or a weakness. In any event if the current ratio is less than the industry average than an analyst or individual interested in investing might wonder why the firm isn't

Liquidity In analyzing liquidity of the company, the current ratio is not very telling of a falling company. The company increased its ratio throughout the period of the income statement thus building upon its company assets and allowing for a 6-1 ratio of assets over its liabilities. This implies the company is still able to operate sufficiently even though it did not make its optimum current ratio of about 8-1. However, when one takes the inventory out of the equation with the quick ratio, the numbers show the true strength of short term liquidity. The numbers are still good, and do not indicate failure – but are

Burton Snowboards not only gives quality goods to the riders, they give services as well. They create a relationship

Current ratio of Company X and Y is 1.80, and 2.55 respectively. This ratio presents the proportion of current assets to current liabilities. This ratio provided a measure of degree to which current assets cover current liabilities. Since both companies have excess of current assets over their current liabilities, they met basic requirement of safety margin against uncertainty in realization of current assets and funds flows. Generally, it is suggested that a firm should have neither a very high ratio nor a very low ratio. Very high ratio implies heavy investments in current assets reflecting under utilization of the resources. A very low ratio endangers the business in to risks of not being able to pay short term requirements. Normally, it is advocated to have the current ratio as 2:1 (Baker and Powell, 2009).