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What is Jollibee 2018 Financial Position Analysis about?

Jollibee Food Corporation is a large fast food company in the Philippines. An analysis of their 2018 statement of financial position shows that they had total current assets of 42.7 million which exceeded their total current liabilities of 34.1 million. This gave them a current ratio of 1.25, indicating they had sufficient current assets to cover their current obligations. When compared to their 2017 current ratio of 1.39, this represents a small decrease of 0.14, but their ratio remains high and shows they

Author

Nicole Diann

Language

EN