Essay --

The objective of this article is to analyse the strengths and weaknesses of Speedster summercater Companys fiscal position. Company has a good profitability and a cute asset base.However following strengths can be highlighted in the financial position of Speedster Athletics CompanyFavourable Gross profits Speedster Athletics Company has been able to generate favourable vulgar margins over the put up three years consistently over the industry average of 26%. Gross margin is in a declining trend over 2010 to 2011 where 2011 gross margin is 27% (1371/5075*100%) which is 1% lower than 2011, however this is supra the industry average level, proving that Speedster company is capable of generating better margins. Increase in Fixed assets base in 2011 over 2010 From 2010 to 2011 there has been a 23.8% amplify in gross fixed assets value. The raised funds through farseeing term debts would have been used to enhance assets base of Speedster. This is a in truth positive sigh of future pro fitability and capacity of the company. Higher assets should be able to generate more cash inflow...