SHOULD I JUMP INTO THE BANDWAGON? THE CASE OF FGVH IPO Ruzita Abdul Rahim Mohd Hasimi Yaacob MONEY FALLS FROM THE SKY It was a fine Friday afternoon on June 8‚ 2012 but Afiq Firash was still startled by the 18th birthday gift that he received from his mother last night. It was a saving account book of Tabung Haji showing a balance of RM25‚000 and a brief note “Happy birthday sweetheart. Treat the money well and it might even pay for your degree” written on the birthday card. To Afiq Firash
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to understand: What are hydrocarbons? What are their properties? What are the main products derived from crude oil and their uses Exploration milestone-an overview. INTRODUCTION: By definition petroleum is a generic name for hydrocarbons‚ including crude oil‚ natural gas liquids‚ natural gas and their products. Petroleum comes from the Latin petra meaning rock or stone & oleum meaning oil. Petroleum occurs in the earth in combination of any of the four states: gas‚ liquid‚ semisolid‚ and solid. Chemically
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STUDY RATIO ANALYSIS ANALYSIS OF FINANCIAL STATEMENTS The traditional financial statements that comprise of the balance sheet and profit and loss account do not give enough information related to financial operations of the company. These financial statements prepared as per the statutory requirement of law need to be analyzed in order to evaluate the past performance of the company and the future prospects. The most widely used tool is Ratio Analysis. DEFINITION OF RATIO A way of expressing
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Report Introduction: Any successful business the owners is always calculate the performance of the company‚ comparing it with the company ’s historical figures‚ with its industry competitors‚ and even with successful businesses from other industries. To complete a thorough examination of your company ’s effectiveness‚ however‚ I will calculate the statement of financial performance and statement of financial position‚ so I need to look at more than just easily attainable numbers like sales
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a dreadful time in American history and does not take into account how not everyone has equal opportunity in America. John D. Rockefeller was one of these robber barons‚ and he used “Survival of the Fittest” to justify his monopolization of the oil industry. “Social scientists have long understood that one’s economic status in society is not a function of one’s moral worth. It depends largely on the economic status of one’s parents‚ the models of success available while growing up‚ and the educational
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Profitability Ratios Profitability ratios measure two aspects of a corporation’s profits: (1) those elements of operations that contribute to profit and (2) the relationship of profit to total investment and investment by stockholders. The first group of profitability ratios [gross profit (or gross margin) percentage‚ operating margin percentage‚ and net profit margin percentage] expresses income statement elements as percentages of net sales. The second group of profitability ratios (return on assets
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Financing Change PRIVATE EQUITY DEMYSTIFIED An explanatory guide John Gilligan and Mike Wright Financing Change An initiative from the ICAEW Corporate Finance Faculty This is the first report to be published under Financing Change‚ the thought leadership programme of the ICAEW Corporate Finance Faculty. The faculty is the world’s largest network of professionals involved in corporate finance and counts accountants‚ lawyers‚ bankers‚ other practitioners and people in business among its members
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expense a good indicator of the cost of using those buildings and equipment? Compare that situation to a company with new buildings and equipment where there will be large amounts of depreciation expense. The remainder of our explanation of financial ratios and financial statement analysis will use information from the following income statement: Example Corporation Income Statement For the year ended December 31‚ 2011 | | Sales (all on credit) | $500‚000 | Cost of Goods Sold | 380
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STATEMENTS Ways of interpreting financial statements - Using individual items contained in financial statement. - Using ratios computed from items contained in Financial Statement (Ratio analysis) Reasons for interpreting accounts Accounts have to be analyzed and interpreted for the following logical points (1) Evaluation of the trading performance of a firm in order to have a measure of the quality of management running it. (2) Appraisal and monitoring of the constituents of the
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of the Firm The firm’s goal is to maximize profits‚ !. In order to do this it must decide what quantity of a good to produce given costs‚ technology and demand. A competitive firm is assumed to be able to sell as much as it wants at the market price without affecting price. So it takes price as exogenous (beyond it’s control) and does not worry about demand. In addition‚ for our purpose we’ll assume the firm operates efficiently‚ that is‚ whatever the level of production that the firm chooses
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