Subject: Ratio Analysis of Volume Book Distributors Ltd for the Years 2010 And 2011 A. INTRODUCTION The report is based on the company Volume Book Distributors Ltd. Ratio analysis was calculated for Volume Book Distributors Ltd for both the years 2010 and 2011. The ratios comprised of profitability‚ asset utilization and financial stability ratios. The first question consists of Part A‚ which has the Ratio Calculations‚ and Part B which has the Analysis and Interpretation. B. LIMITATIONS
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The ‘State Bank’ Case Analysis 1. Executive Summary State Bank is a profitable‚ family-run business conveniently located at downtown Hillsborough – the countryseat. Its President is Mack McNeill and its newly appointed Director of Marketing is his son Phil McNeill. It not only serves the Hillsborough populace of 15000‚ but also the suburbanites and farmers as far away as 20 miles. This is a full-service bank underlining the friendly‚ small-town service approach‚ while maintaining conservative
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Bank of America – Case Analysis Prepared By Kesha S Mitchell April 30‚ 2013 AMBA 650-1134 Marketing Management and Innovation Professor Philemon Oyewole In 2007‚ Bank of America (BofA) Corporation launched the largest secure mobile banking service in the United States and has over four million mobile banking customers. BofA mobile banking service gives the customers access to their checking accounts for balance‚ transfers funds and to pay bills through a mobile application (app)
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CURRENT RATIO It is a liquidity ratio that measures a company’s ability to pay short-term obligations. Also known as "liquidity ratio"‚ "cash asset ratio" and "cash ratio". By putting to test a company’s financial strength‚ deduces company’s ability to pay back its short-term liabilities (debt and payables) with its short-term assets (cash‚ inventory‚ receivables). The higher the current ratio‚ the more capable the company is of paying its obligations. An acceptable current ratio varies
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Part A After-TAX Cost Debt O’Grandy Apparel Company can calculate the after tax debt cost using YTM (CP + (FV-Nd /n) / FV +Nd /2) *2. Cp is (0.12/2) * 1000= 60 Semi-annually Fv is 1000 Nd is 995 – (0.025* 1000) = 970 N is 20*2 because it is semi-annually then you have to use Kdt= Kd+ (i-T) .The tax bracket is 40 percent. Now we can have the after tax debt when it is equal or smaller than $700000 Kd ( 1-T) = 0.1249 (1-0.4)= 0.07494. If it is more than $700000 it will be KD (1-t) = 0.18(1-0.4)
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Liquidity Ratio Current ratio depicts how the company’s ability to payback its current liabilities and current assets. In 2011 the ratio is at its highest of 3.32 since the company put in capital. During this year they tested the waters on whether they could pay off short term debt. It went on a decreasing rate from 2012 to 2014 but had a slight increased on 2015. During 2012 to 2014 the company is struggling to pay back its liabilities and assets while financial health was at risk because
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SWOT ANALYSIS FOR KEYSTONE BANK Strengths: Keystone has a few strengths looking at its present financial condition financial statements. However‚ the bank is willing and able to pay higher competitive rates compared to other banks in the area. This is likely to send a strong signal to potential customers who may wish to take advantage of the rates by increasing their core deposits at Keystone Bank. Also‚ increasing local economic activities can also be viewed as strength to keystone. This is because
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Short-term Liquidity Current ratio: Coke’s current ratio have growth constantly during the period (2014 - 2016). In 2016‚ the current ratio is 1.28 which is higher than the previous year ratio‚ 1.24. It means that Coke has more $1.28 current assets to cover every dollar of its short-term debt. In this year‚ the current asset in the total assets increases 1.84%. The factor that contributes to the increase of Coke’s current asset is the significant increase of the Cash and cash equivalent account which
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company’s solvency is their debt- to-asset ratio. “This ratio indicates the proportion of total assets that are financed by debt.” (text) If this ratio is high it indicates a greater financing risk. In 2007 WestJet’s debt-to-asset ratio was 68.2%‚ it decreased in 2008 to 66.9%. This means they are financing more of the assets with equity in 2008 compared to 2007. When we compare this ratio to Air Canada we see a telling story. In 2007 Air Canada’s debt-to-asset ratio was 77.8%‚ but in 2008 it rose to 91
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manufacturing facilities located throughout the United States‚ Canada‚ Mexico and Europe. The company’s financial ratios for 2004‚ 2005‚ and 2006 were analyzed and indicates that the company is not without problems. The current ratio for the company has been on a steady decline over the last three years. From the standpoint of a creditor‚ the reduction of the company’s current ratio is not good as the company’s short term liabilities is outgrowing its current assets. However‚ when you look at the
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