In finance Ratio analysis is carried out to judge the liquidity of the organization. It helps the analysts to find if a company is capable enough to pay its liabilities. Moreover it also helps to show the operating efficiency and internal return of an organization. Keep in mind that the ratio is good or bad only if it is compared to the industry in which the organization is operating in. Some of the important ratios are: * Current Ratio * Asset Test Ratio * Return on Asset *
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Home Depot is one of the largest home repair retailers in my area. I will highlight their 2015 financial statement‚ and give examples of how the statement could be useful to their business leaders‚ as well as outside venders. 2015 financial highlights. (n.d.). In fiscal year 2015‚ we grew sales for the sixth consecutive year‚ with positive sales growth in all three U.S. Divisions‚ Canada and Mexico. Comparable store sales were up 5.6 percent; total sales were up 6.4 percent; and diluted earnings
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1. Current Ratio- the current ratio is current assets divided by current liabilities. In the data from 2002 in Appendix D the current assets equal $104‚296.00 and the current liabilities equal $139‚017.00 the current ratio equals 0.75. 2. Long –term solvency ratio- the formula used for long term solvency is total assets divided by total liabilities. In the data provided the total assets equal $391‚270.00 and the total liabilities equal $310‚246.00 making the long-term solvency ratio equal 1.26
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Statement of interest I am interested in studying in University name.I have completed my BS in It from institute name. I had always been interested in it but the love for this field increased during the course of study at institute name and after compeliting my four years BSIT I have made up my mind to study for my masters in an international institute that has world class facilities for research and a competitive environment for studies that can bring best out of me.During my BSIT I showed
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and the Financial Statement When faced with a lawsuit you have to know whether or not to consider contingencies. According to Schroeder‚ Clark‚ and Cathey (2005) a contingency is a future event that could possibly have an impact on the firm. There are four different ways a contingency should come to view and they are income tax disputes‚ notes receivable discounted‚ accommodation endorsements‚ and what this company is dealing with a pending lawsuit. When a gain is possible‚ the financial statement
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Dear Fellow Shareholders‚ As you all know we recently started a new business‚ and here are some of the obstacles and challenges we encountered. The theme of this year’s annual report‚ “Bold Moves‚ Great Future‚” could also accurately describe our future. The Pump Up brand of energy drinks continued to gain market share up to date‚ and continues to exceed the growth in sales of the energy drink category. The energy drink category itself has continued to grow at an extremely high rate. Gross sales
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preparing common-size statements‚ items on the Balance Sheet are generally stated as a percentage of __________ and items on the Income Statement are generally stated as a percentage of __________. total assets; net income. total shareholders’ equity; net income. total shareholders’ equity; net sales. total assets; net sales. Common-size balance sheets express all assets‚ liabilities‚ and equities as a percent of the balance sheet footing (total assets). Common-size income statements express all
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CONCEPTUAL FRAMEWORK AND FINANCIAL STATEMENTS TEN-MINUTE QUIZ Circle the letter of the best response. 1. The Accounting Equation is: A. Assets + Liabilities = Owner’s Equity. B. Assets = Liabilities –Owner’s Equity. C. Assets = Liabilities + Owner’s Equity. D. Assets = Liabilities x Owner’s Equity. 2. Which item is not an asset? A. Cash B. Accounts Payable C. Accounts Receivable D. Supplies 3. Given that total liabilities decreased
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Please use this template to produce the Bi-MTRs by filling the spaces provided. This should be submitted by the 28 th of the relevant month‚ to your Placement Tutor’s e-mail address and to the Business School Employability Office (busemployability@gre.ac.uk). Please make sure you keep copies of your report‚ for submission at the end of your placement year. An email confirmation of receipt will be sent to you. If you have not received this confirmation within 5 working days of sending your report‚ please
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The world is tremendously competitive now. In every sphere of life‚ business competition becomes more and more critical. So it is difficult to make business in these competitive markets. But accounting procedure is the most important part for any financial institution like bank. Banks are also the principal source of credit (loanable fund) for millions of individual & families & for many units of governments. Another contribution of bank make their willingness to accept risky loan from borrower‚ while
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