Riordan Free Essay, Term Paper and Book Report
Riordan Manufacturings Financial State
Abstract
Riordan Manufacturing is a world class manufacturer of plastics. The company has three entities operating in the world. The need to consolidate the accounting software for all entities was considered a necessity to have successful accounting totals for the company as an entirety. Riordans financial statements and the computations of its financial ratios suggest that the company is in a precarious financial state. On a positive note, its current ratio is close to the ideal, which signals that Riordan's management is efficient in managing its cash flows. However, Riordan's quick ratio comes out as very low compared to acceptable standards. With the effective use of the accounting modules the company stands a postive outlook for its own future.
Learning Team A will provide its perspective on the current financial standing of Riordan Manufacturing. The company is a global leader in the manufacturing of ......
Word Count: 3694
Page Count: 14.7 (250 words a page / double spaced)
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