Why exactly are these trends are occurring, what are the underlying business environment or strategic/management...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Why exactly are these trends are occurring, what are the underlying business environment or strategic/management reasons that may be causing the company performances to be different or similar, and whether they are strengths or concerns
. Brookfield 2021 2020 2019 Current Asset $56,270,000 $41,857,000 $34,801,000 Current Liabilities $65,075,000 $49,503,000 $40,615,000 Current Ratio 0.86 0.85 0.86 Average Current Ratio 1.71 1.87 1.58 Total Liabilities $256,262,000 $221,054,000 $207,123,0 Total Assets $391,003,000 $343,696,000 $323,969,000 Debt Ratio 0.66 0.64 0.64 Average Debt Ratio 1.71 1.87 1.58 RioCan 2021 2020 2019 Current Asset $609,474 $808,464 $375,410 Current Liabilities $858,972 $1,323,563 $1,298,374 Current Ratio 0.71 0.61 0.29 Average Current Ratio 1.71 1.87 1.58 Total Liabilities $7,266,119 $7,532,735 $2,932,000 Total Assets $8,382,700 $8,422,800 $6,883,115 Debt Ratio 0.48 0.49 0.45 Average Debt Ratio 0.52 1.87 1.58
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!