11 ANALYTICAL PROCEDURES—RATIO ANALYSIS FORM The auditor can use this form to document the performance and evaluation of ratio analysis in connection with analytical procedures performed in an audit. The form is only a guide and is not a substitute for professional judgment. The form may be modified by adding or omitting certain ratio analysis. CLIENT NAME: DATE OF FINANCIAL STATEMENTS: LIQUIDITY RATIOS 20__ 20__ 19__ 19__ 1. Current ratio = Current Assets Current
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UV2493 Version 1.5 DIAMOND CHEMICALS PLC (A): THE MERSEYSIDE PROJECT Late one afternoon in January 2001‚ Frank Greystock told Lucy Morris‚ “No one seems satisfied with the analysis so far‚ but the suggested changes could kill the project. If solid projects like this can’t swim past the corporate piranhas‚ the company will never modernize.” Morris was plant manager of Diamond Chemicals’ Merseyside Works in Liverpool‚ England. Her controller‚ Frank Greystock‚ was discussing a capital project that
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FINANCIAL RATIOS Financial ratios are indicators of a company’s performance as discernable from the company’s Balance Sheet and income Statement. We will discuss some of the simple ratios of a company and talk about their significance. Liquidity Ratios: Show the company’s ability to pay of its current liabilities from its current assets. 1. Current Ratio Current assets should be significantly higher than current liabilities so that the current ratio is higher than 2:1. 2. Quick Ratio (Acid
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identify the hazards and assess the risks associated with our activities. In addition‚ we take appropriate action to manage the risks and thus prevent or reduce the impact of potential accidents or incidents. This is done through Job Safety Analysis (JSA)‚ Project HSE Reviews (PHSER)‚ planning the well on paper‚ pre-tour meetings and discussions of simultaneous operations. In addition‚ this includes ensuring the proper use of Personal Protective Equipment for all tasks. • Element 3 -
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Industry Averages and Financial Ratios Paper Bryan Sawyer‚ Frank Figueroa‚ Jaime Sandez‚ Lesley Gonzalez Finance for Business/FIN 370 May 12‚ 2015 Instructor: John Kadlec Instructions: Find a publicly-traded company using a financial information website. Some example companies include the following: Safeway Inc. The Boeing Company General Motors Company Intel Corporation Microsoft Corporation Exxon Mobil Corporation Watch the Industry Averages and Financial Ratios video and use the industry classification
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Business report – out and abut plc Introduction Out and about plc have appointed a new chief executive Lisa Coates who has proposed a new marketing plan to enable the business to achieve a rapid improvement in profitability. A marketing plan is a report outlining a firms marketing objectives‚ strategies and tactics including costing‚ timings and forecast results. It is part of a businesses overall corporate plan and should take into account the businesses corporate objectives‚ its internal
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A well formulated financial ratio analysis report helps investors to quantify a company’s financial strengths and weaknesses and potential risks and opportunities and identify the company’s financial position. Using financial ratio analysis as a tool in conjunction with other business evaluation processes‚ and other company factors‚ is beneficial for the investors (Brealey‚ Meyers & Marcus‚ 2009). The following report will provide the investor with a clear picture of the company’s current status
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Chronicle. 28 July 2008. Web. 04 Nov. 2010. Murdock‚ Deroy. "Offshore Oil Drilling -- Cleaner than Mother Nature." Seattle News‚ Sports‚ Events‚ Entertainment | Seattlepi.com - Seattle Post-Intelligencer. 24 July 2008. Web. 04 Nov. 2010. Seiff‚ Martin. "Analysis: Offshore Drilling Realities - UPI.com." Latest News‚ Latest News Headlines‚ News Articles‚ News Video‚ News Photos - UPI.com. 18 July 2008. Web. 04 Nov. 2010. Sitherwood‚ Suzanne. "Atlanta Opinion | Ajc.com." Atlanta News‚ Sports‚ Atlanta Weather
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NYIT School of management Report CASE STUDY 22: VICTORIA CHEMICALS PLC(A) CAPITAL BUDGETING DECISIONS SUBMITTEDTO: DR.RAJA NAG PREPARED BY: SEVTAP BATIR HONEY MEHTA JUN HUANG NYIT School of management Report CASE 22 Victoria Chemical In 2007‚ Victoria Chemicals experienced a significant drop in its improve its performance as its earnings had fallen 38% from 250 pence per share to 180
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Basics of Insurance Meaning of Insurance Insurance provides financial protection against a loss arising out of happening of an uncertain event. A person can avail this protection by paying premium to an insurance company. A pool is created through contributions made by persons seeking to protect themselves from common risk. Premium is collected by insurance companies which also act as trustee to the pool. Any loss to the insured in case of happening of an uncertain event is paid out of this
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