Cango’s financial reports indicate a debt to equity ratio of: 94,900/141,000 = 67% this tells us that less than three quarters of cango’s assets are funded through debt, and also that cango could pay off all of its debts with equity if they suddenly became due. Instructions: go to the cango intranet found in the report guide tab under course home use the financial statements from the most recent year to fill in the table below you may find some formulae calling for an average, eg, average inventory, average receivables. Description busn 460 week 3 individual cango financial report go to the cango intranet and pull the financial statements use these to fill out the table found in doc sharing labeled financial analysis project, and submit to the individual financial analysis dropbox in week 3 after making sure that you have added your last name at the beginning of the file name for your file. Oksana harbar is going to provide a swot (strengths, weaknesses, opportunities and threats) analysis, alheri gajere will present the market analysis, binish maroof will provide the competitive analysis, sherry youngs will inform cango on financial analysis issues, and hope will bring forth some strategic recommendations. The financial analysis of cango’s compared with the competitor like amazon is very weak when it comes to revenue and sales value, but it has a lot of advantages for cango.
At the beginning of 2009, cango purchased the online gaming company this purchase was for cash, paid for through the proceeds of the ipo and results in goodwill 90% of the online book sales comes from jit, the other 10% through the inventory which cango possesses 100% of the cd/dvd/mp3 come through cango inventory. Cango week two analysis report devry university bus460 senior project instructor david mozinski introduction the grad consultants have spent the last two weeks observing cango and their business practices to help them determine the weaknesses within their organization. In conclusion, cango 2009 financial analysis ratios indicates that the company is strong in being able to pay its debts, ability to turn receivables into cash rapidly, cash flow, profitability on the other hand, the financial ratios indicate that the company is weak in turning over its inventory.
Cango financial analysis report go to the cango intranet found in the report guide tab under course home use the financial statements from the most recent year to fill in the table below. Cango analysis report prepared by busn460 – senior project instructor: overview in 1996, a young college student name elizabeth decided to start a company. Cango has developed a marketplace for automobiles by connecting car dealers, car buyers, financial institutions and other industry participants on a single online platform. Cango weekly issue analysis - weeks 2, 4, and 6 individual financial analysis - week 3 final report and presentation - weeks 7, 8 all 7 weeks discussions senior project busn 460 : final team report and presentation week 7 final presentation (using microsoft powerpoint 2010 and web conferencing) each consulting team will submit to. Financial analysis according to the cango’s balance sheet, it appears that they are using much of their short term assets to acquire inventory for the company cango’s plant, property, and equipment are depreciating at a rate of $320,000 per year and have a useable life of 20 years before they are fully depreciated.
Cango, inc (nyse :cang), a most important automotive transaction service platform in china, recently declared its unaudited financial results for the 2nd-quarter of 2k18. Report this essay view full essay ratio formula (express the ratio in words) detailed calculation (actual numbers from financial statements used for the calculation) final number (final result of the detailed calculation) explanation of why ratio is important earned points (up to 3 points per box/cell) instructor feedback. Cango financial analysis report the success of a business depends on its ability to remain profitable over the long term, while being able to pay all its financial obligations and earning above average returns for its shareholders. The purpose of this report is to provide cango corporation with guidance and recommendations based on a thorough analysis conducted by team behs consulting specialist (team behs) team behs analyzed cango’s business processes, financial standing and future expansion plans cango will be the one of the principal online entertainment and gaming companies within this thriving [. (source: cango) as the graphic above shows, cango facilitates new car and to a lesser extent used car buying and selling it also connects financial institutions with buyers so they can afford to.
Cango analysis report consultants busn 460-team 1 cango analysis report let me say first thank you for giving us the opportunity to evaluate your company’s operational process it has been a tremendous experience to be in a company that started out small and grew to one of the leading businesses in the industry. Go to the cango intranet and pull the financial statements use these to fill out the table found in doc sharing labeled financial analysis project, and submit to the individual financial analysis dropbox in week 3 after making sure that you have added your last name at the beginning of the file. View this business proposal on cango final report- rev2 in the marketing mix of cango inc is discussed under the following sections cango final report- rev2 in business proposal financial analysis cango corp has survived well as far as financial aspect is concerned it had not faced any cash flow problems so far initially, the.
The purpose of this report is to provide cango corporation with guidance and recommendations based on a thorough analysis conducted by team behs consulting specialist (team behs) team behs analyzed cango’s business processes, financial standing and future expansion plans. Running head: individual analysis report week 4 analysis report busn460 overview after reviewing the material one can see that cango is ready to move forward with upgrades technology cango is looking to expand, but is still unsure of which way to go. Home news alert cango inc reports 2nd-quarter 2k18 unaudited financial results financial and operational highlights nyse news updates focuses on company news, research and analysis, which is even more important in recently’s uncertain investment environment. Cango financial analysis the success of cango will depend on its ability to make a reasonable profit over the next five years, while being able to pay all it financial obligation and earning a rate of return which is at or above the industry average.
Cango annual report 2013/14 2013/14 annual report 2 table of contents period was critical for cango having emerged from a deep financial crisis and on the path to rebuild a one other key achievement was the development of a risk analysis and framework. Cango's financial condition can be measured by analyzing its financial statements, in particular by conducting a ratio analysis the company is liquid its current ratio is very high at 539 and quick ratio likewise at 453. Busn460 week 1 - 2 analysis report essay team a – all pro consulting week 2 analysis report kai chan mary ann insall jason borron thomas burris marcus coss devry university introduction cango, inc, founded in 1996 by founder and ceo elizabeth and her friend andrew, is located in hudson valley.