Ratio Analysis

Though there are innumerable literatures available on the subject, the most appropriate studies have been reviewed.Dr. Promod Kumar published a book in 1991 “Analysis of financial statement of Indian Industries” The study covered the 17 private sector, 5 state owned public sector and 1 central public sector companies. He studied analysis of activities, assessment of profitability, return on capital investment, analysis of financial structure, analysis of fixed assets and working capital. In his research he revealed various problems of industries and suggested remedies for the problems. He also suggested for the improvement of profitability and techniques of cost control.1Ahindra Chakrabati published an articles “Performance of public sector enterprises a Case study on fertilizers” in “The Indian journal of public enterprise” in the year 1988-89. He made analysis of consumption and production of fertilizer by public sector; he also made analysis of profit and loss statement. He gave suggestion to improve the overall performance of public enterprise.2 In the year of 2002, Dr. Sugan C. Jain has written a book on “Performance appraisal automobile industry” In his study he has analyses the performance of the automobile industry and presented comparative study of some national and international units. The operational efficiency and profitability had been analyzed using the composite index approach. He made several suggestions from the strengthening the financial soundness improving profitability, working capital the performance of fixed assets.3 Recently in the year 1998 a study was made by S.J.parmar on “Financial Efficiency-Modern methods, tools & Techniques” for the period from 1998-89 to 1994-95.He had made an attempt to analyze financial strength, liquidity, profitability, cost and sales trend and social welfare trend by using various ratios analysis, common size analysis and value added analysis. He made several suggestions for the improvement of profitability

References: 1. Dr. Promod Kumar.: “Analysis of financial statement of Indian Industries”Saujaniya Publication Ltd. 1992 2 9. Review of Business Research, 2007 by Tarun K.Mukherjee, Prakash Deo. 12. Kulshreshtha, N.K., “Analysis of Financial statements of Indian Paper industry”, Aligarh: Navman Publishing House, 1972, p.133. 14. Hunt W. and Donaldson, G., “Business Finance-text and cases”, Illinois: Richard D.Irwin, 1965, Pp.114-115. 15. Roy Chowdhar, A.B., “Analysis and Interpretation of Financial statements”, New Delhi Orient Longmans, 1970, p.24. 16. Bogen, J.J., “Financial Handbook” New Delhi: The Ronald press, 1957,p.253. 18. Hingorani, N.L.and Raman than, A.R., “Management Accounting”, New Delhi: Sultan Chand & Sons, 1977,p.115. 19. Srivastava, R.M., “Financial Management”, Meerut India: Pragati Prakasjan, 1979, p.476. 22. Mohsin, M., “Financial Planning and Control”; NewDelhi: Vikas publishing House Pvt. Ltd., 1980, p.174. 24. HENDERSON, G.V., Gurry, J.R.Trnnep Oh., James E. Wirt., “An Introduction to financial Management”, California: Addition-Wesley publishing company, 1984, p.122. Originality = 175.00, importance = 162.50, overall quality = 162.50 This Article was published on 14th March, 2012 at 18:41:24 and has been viewed 2635 times.