Selected Companies Financial Performance Paper.

The quick balance, also cognise as the acid interrogatory balance, is used to neb the mindless term liquidity of a company. It basically measures the ability of a company to pay its point in time liabilities based on open cash, short term investments, and receivables. both(prenominal)(prenominal) Wal-Mart and manoeuver are multimillion dollars senss and this has been widely cognise by many. ground on allegeation taken from both the companies financial statements, which end be located on their bladesites, a quick ratio was performed to measure the liquidity of both the companies for the pass of instruction 2004. At for the scratch time sight, Wal-Marts earning seems to be a lot larger than arse. For the 2004 form in their annual report, Wal-Mart inform a net income of 9055 millions and mastermind reported 3,798 millions. Wal-Mart obviously do a larger keep d testify of currency that maneuver. Since the quick ratio measures the liquidity of a company, Wal-Mart demonstrate a result present 1.02 compared to targets 1.53. The quick ratio shows that although Wal-Mart is a ofttimes larger corporation in the year 2004, Target performed better.

In a give-and-take report posted on targets web site, it is stated that Target performed well above the industries cadence for that year and above their own projections (Targets financial Data tenderness). References: Targets Financial Data rivet (2005). Retrieved November 4, 2005, from www.target.com/findatacenter%NOV2005.html If you want to get a in force(p) essay, order it on our website: Ordercustompaper.com

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