Impact Stories & Blog
Our team share their insights and perspectives on the impact our program is having on youth in Southern Africa.
ACTIVITY 4 FINANCIAL PERFORMANCE
Financial Performance Liquidity Ratios Current Ratio Total current assets /Total Liabilities = 10665/5776 = 1.8 Tiger brands, their current ratio is 1.8:1. The company therefore has 1.8 more current assets than current liabilities and is therefore can be able to pay off its debts and considered to have a good performance. Quick Ratio (Total current assets - Total Inventory) = (10665- 4812) = 5853 = 1.013 Total current liabilities 5776 5776 The Quick Ratio for Tiger Brands is 1.013, this means that the company can pay off all of its...Read More
THIS INFORMATION IS MADE POSSIBLE BY THE GENEROUS SUPPORT OF THE AMERICAN PEOPLE THROUGH THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID). THE CONTENTS ARE THE RESPONSIBILITY OF DELOITTE EAST AFRICA AND DO NOT NECESSARILY REFLECT THE VIEWS OF USAID OR THE UNITED STATES GOVERNMENT.