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cy268 replied to the topic Discussion Topic: Exercise your research skills in the forum Business 101 7 years, 11 months ago
I researched on the company Medtronics for the financial year ending April 2016.
Gross Profit Margin: 68.7%
Net Profit Margin: 31.9%
Current ratio: 1.749
Given the healthy range of current ratio falls somewhere between 1.2-2.0, Medtronics is doing quite well.
Quick ratio: 1.357
Quick ratio gives an index of the company’s liquidity position indicating that for every $1 worth of current assets, the company has $1.357 worth of liquid assets available.Medtronics shows a steady increase in overall growth from 2014 and brief financial analysis for 2017 reveals its profit margins are efficiently utilized.
https://finance.yahoo.com/quote/MDT/balance-sheet?p=MDT
https://www.accountingtools.com/articles/2017/5/14/financial-statement-analysis