564 WordsNov 28, 20093 Pages

Triple A Office Mart is a profitable company, organized in 1978, which sold a complete line of office equipment, furniture, and supplies. Budgetary control of the two original stores was centralized in the store and office complex which operated in the larger of the two cities. With the arrival of the personal computer, a major component of company sales, Triple A has experienced excellent growth in revenue and earnings. The income statement attached provides an illustration of a portion of the firm’s sales and earnings history. The balance sheet attached also details the company’s total assets and liabilities for selected years. However, in early 1996, there had been cause for concern on the part of company management. Prices from suppliers had risen and the firm’s financial managers wondered about the effect of this upon profitability and the general operation of the business. I have examined the financial condition of Triple A through various ratios to aid in determining if Triple A can remain a continuing customer of our bank. To start, I examined the short-term solvency, or liquidity, of the company. The current ratio has moderately decreased over the past several years showing the firm is becoming less liquid. This reflects the number of times the company’s current liabilities are covered by its current assets. Next, the acid-test, or quick ratio, has shown a decrease as well. This illustrates that the company is more probable to have liquidity problems. Subsequently, the next ratio’s my company evaluated were the efficiency ratios. The accounts receivable turnover was very high which shows that the firm is using its accounts receivable effectively in generating sales. Also, the average collection period shows the average length of time for which the business extends credit to its customers. Since the accounts

Related

## The Triple Fool Essay

695 Words | 3 PagesDonne’s poetry makes use of complex images, which are remarkably convincing to the reader. Despite the use of extensive techniques and varying images, the greatness of Donne’s poetry is the simplicity in the ideas expressed. John Donne’s poem, “The Triple Fool,” suggests unrequited love and folly through his use of creative imagery, sorrowful diction, and assertive tone. Firstly, Donne's poetry is highly distinctive and individual, adopting a multitude of images. The poem offers elaborate parallels

## Pythagorean Triples Essay

1830 Words | 8 PagesPythagorean Triples Carly Ayers MAT126: Survey of Mathematical Methods Professor Colleen Radke November 5, 2012 Pythagorean Triples Often described as the first pure mathematician, Pythagoras of Samos was a pre-Socratic Greek philosopher, who founded, perhaps, one of the most important mathematical theorems, although, he shared no written historical documents. The Pythagorean Theorem, a relation among the sides of a right triangle, states: “The area of the square built upon the hypotenuse

## Triple Salto Essay

1904 Words | 8 PagesSALTO DE LONGITUD, TRIPLE SALTO Y Colegio Claret Aranda - Dto. Educación Física y Deportes SALTO DE ALTURA Por Israel Delgado El presente documento es una guía sobre las clases teóricas desarrolladas en el aula para 1º curso de ESO sobre los saltos en atletismo. En ningún caso son todos los contenidos expuestos en clase. SALTO DE LONGITUD: HISTORIA: Desde la más remota Antigüedad, en todas las manifestaciones organizadas en torno a la elevación del valor físico de los individuos. Aparece

## Pythagorean Triples Essay

377 Words | 2 PagesMAT 126: Survey of Mathematical Methods Week 4 Pythagorean Triples The term Pythagorean triples is derived from the Pythagorean Theorem[i] where the formula to figure out the sides of a right triangle is constant with a2 + b2 = c2. The exception to the triples is that all sides will be positive integers[ii]. I will show you 5 examples of the Pythagorean Triples. Remembering that all your numbers need to be a positive integer, you can’t use just any numbers into the equations

## Pythagorean Triples Essay

389 Words | 2 PagesPythagorean Triples The numbers 3, 4, and 5 are called Pythagorean triples since 32 + 42 = 52. The numbers 5, 12, and 13 are also Pythagorean triples since 52 + 122 = 132. Can you find any other Pythagorean triples? Actually, there is a set of formulas that will generate an infinite number of Pythagorean triples. Research the topic of Pythagorean triples and write a brief report on the subject. A "Pythagorean Triple" is a set of positive integers, a, b and c that fits the rule: a2 + b2

## Triple a Officemart Essay

259 Words | 2 PagesTriple A an office mart sells a complete line of office equipment, furniture and supplies. Susan Burke is the current president and CEO and she founded the company with her college roommate Virginia Best in 1978. The roommates opened the profitable company only after a year of their graduation. Virginia Best had other interest in life so she parted way from her partner only after three years of participation for an overseas venture. Burke acquired interest of Best after her departure to become the

## Triple Play Essay

387 Words | 2 Pageshave all three for less than $150. Right now, at Double Upps we are offering all three for a limited time only for $120 as part of our “Triple Play” spring bash. If you call an order on or by 5/1/14 we will throw in a brand Sony CD Walkman. Don’t hesitate or procrastinate come on down and we’ll get you straight. Cable is the first part of our featured package “Triple Play” we’re offering. You can get more than 200 channels in HD for $60. This has to be the best deal around. All of our movies, sports

## Triple a Essay

279 Words | 2 Pagesa a a a a a a a aa a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a aa a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a aa a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a aa a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a aa a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a aa a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a aa a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a aa a a a a a a a a a a a a a a a

## Pythagorean Triples Essay

1192 Words | 5 PagesPythagorean Triples Jessica Scallions 1-30-11 MAT 126 Tracy Abram Pythagorean Triples In order to understand Pythagorean Triples, we must first understand what a Pythagorean Theorem is. The Pythagorean Theorem states that for any right triangle, the sum of the squares of the length of the legs of a right triangle is equal to the square of the length of the hypotenuse (the side opposite the right triangle) (Bluman, 2005 p.471). If a, b, and c are positive integers, they are together

## Triples Essay

586 Words | 3 PagesPythagorean Triples Pythagorean Triples Pythagorean triples are made up of three positive integers a, b, c formulated as: a2 + b2 = c2. According to the Pythagorean Theorem a right triangle having side a and b and hypotenuse c, satisfies a2 + b2 = c2. The Pythagorean Theorem states “for any right triangle, the sum of the squares of the length of the legs of a right triangle is equal to the squares of the length of the hypotenuse (the side opposite the right angle) (Bluman 2008). A simplified

### The Triple Fool Essay

695 Words | 3 Pages### Pythagorean Triples Essay

1830 Words | 8 Pages### Triple Salto Essay

1904 Words | 8 Pages### Pythagorean Triples Essay

377 Words | 2 Pages### Pythagorean Triples Essay

389 Words | 2 Pages### Triple a Officemart Essay

259 Words | 2 Pages### Triple Play Essay

387 Words | 2 Pages### Triple a Essay

279 Words | 2 Pages### Pythagorean Triples Essay

1192 Words | 5 Pages### Triples Essay

586 Words | 3 Pages