1. Montreal Museum of Fine Arts - Financial Analysis
The progress in the construction of a new pavilion resulted in a year over year asset increase of $15.9 M. ... Long-term investments increased by about $0.9 M over the past year to reach $14.5M. ... Current Liabilities Bank loans experienced a large increase from $12.2 M in 2010 to $25.3 in 2011. ... Although current liabilities significantly increased in 2011, the organization's current ratio increased to 0.57 from 0.53 in 2010 (App: Table 4), as part of the liability increase was mitigated by higher grants receivable. ... The variation, when compared to 2010, amounts to a $0.9 M inc...
- Word Count: 3109
- Approx Pages: 12
- Has Bibliography
- Grade Level: Undergraduate