Research application Paper Example | Topics and Well Written Essays - 500 words

Application - Research Paper ExampleThe company undertakes services from receiving shipments from defined points to taking care of all clearance procedures upto the delivery points. Aramex Inc (2014) provides different modes of transportation such as air-sea, air-land and supposedly sea-land depending on customer requirements.The pecuniary statement analysis presents consolidated financial statements of Aramex Inc and its subsidiaries. Presentation of consolidated financial point and review of consolidated statement of cash flows, comprehensive income statement and balance sheet is on quarterly basis. Expenses as per the company can be categorized as under administrative expenses and operating expenses (Market Publishers, 2014).Review of financial statement accommodates calculation of differents financial dimensions. Financial ratios base on the balance sheet focuses on current asset and current liability as shown within the companys balance sheet. The financial ratios include Working Capital, Current Ratio and Quick Ratio (Market Publishers, 2014)..According to Aramex Inc financial statement, the current ratio for the company is 2.31 and this indicates the liquidity position of the company. Current ratio indicates the human relationship existing between current assets and current liabilities. For satisfactory liquidity position the ratio should exceed 21, therefore there is strong liquidity position within the hard since the ratio exceeds two. However, the company gives no detail concerning Quick Ratio due to lack of detail inventory making current ratio to serve same purposes as Quick ratio. This is an indication on the fact that short-term solvency of the firm in high and eligible. The Cash Ratio for indicates soundness of the firm showing that the company currently has enough cash at hand making it possible for solicitude to meet current obligations (Market Publishers, 2014).From the financial statement analysis, Debt management ratios include Debt