FINANCIAL RATIOS LIQUIDITY RATIOS Current Ratio: = current assets / current liabilities ▪ The higher the ratio‚ the greater the "cushion" between current obligations and a firm ’s ability to meet them. ▪ Use: An indication of a company ’s ability to meet short-term debt obligations; the higher the ratio‚ the more liquid the company is. Current ratio is equal to current assets divided by current liabilities. If the current assets of a company are more than twice the current liabilities
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Financial Management Questions- Short answers and Multiple Choice Short Answer 1. What is the difference between stock price maximization and profit maximization? Under what conditions might profit maximization not lead to stock price maximization? 2. Assume that you are serving on the board of directors of a medium-sized corporation and that you are responsible for establishing the compensation policies of senior management. You believe that the company’s CEO is very talented‚ but your
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FINANCIAL PROJECT REPORT ON RABAXY DRUGS Ltd. Submitted By – Divey Yadav (12609016) Abhita Singh (12609021) Hina Gupta(12609013) Acknowledgements Every endeavour has to have a front to precede its valuable culmination. The front can be put into words‚ which once uttered absolves the speaker of every sense of gratitude with which they were uttered. We take this opportunity to express sincere gratitude and respect to all those who played an important role in giving us the right direction
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customers and projects with his loan application. He also included a list of current receivables. Gupta told the loan officer that he had monitored his firm’s financial status closely and that he had financial reports prepared every six months. He said that the would send a copy to the bank. In addition‚ he was willing to file a personal financial statement with the bank. Question: 1. Prepare your recommendation on Agarwal Cast Company Caselet 2 This case has been framed in order to test the skills
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“Financial statements are like fine perfume; to be sniffed but not swallowed.” - Abraham Briloff (Professor Emeritus of CUNY Baruch) ACCOUNTING: Accounting is defined by the American Institute of Certified Public Accountants (AICPA) as "the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least‚ of financial character‚ and interpreting the results thereof." ACCOUNTING AND ITS ROLE IN SOCIETY:
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Introduction This assignment was given for student doing Financial Management 1 (BBPW 3103). This report is based on an analysis of the financial performance of Two Malaysian Companies by using their financial statements for the year 2011. The global steel industry has continued to face a challenging period since 2011. Mainly due to the higher inputs costs and also increase in external environment. Thus‚ for this assignment I have chosen two leading companies in Malaysian steel industry. Namely:
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1 Financial Reporting Problem Part 2 XACC/290 04/19/2014 Financial Reporting Problem Part 2 2 A. Are the assets included under the company’s current assets listed in the proper order? Explain your answer. Yes‚ the company’s assets are listed in the proper order. They list the order according to liquidity. The highest liquidity is at the top and the lowest liquidity is at
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Countrywide Financial: Failure of Corporate Governance‚ Incentive Compensation‚ & the Sub-Prime Crisis Executive Summary: Countrywide Financial was a mortgage-banking firm. They had one of the largest market shares in the early 2000s‚ when the mortgage market was booming. “No company pursued growth in home loans more aggressively than Countrywide” (NY Times 12/10). They were the leader of their industry‚ with 500 billion in home loans‚ 62‚000 employees‚ 900 offices‚ and
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FINM 7008 Assignment Marks: 15% of total assessment Group size: a minimum of four students and a maximum of six students Due Date: Monday 7 May 2012‚ 4pm Instructions The assignment requires the use of PC or Mac computer. You will need to be familiar with a spread sheet (for example Excel)‚ word processor (for example Word) and statistical package (for example EViews or SPSS). This project is worth 15% of the assessment in this course. Students must form their own groups of between four and six
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Financial Management Assignment #3 (Due on 11/19) 1. An investment offers $6‚100 per year for 15 years‚ with the first payment occurring one year from now. If the required return is 6 percent‚ what is the value of the investment? What would the value be if the payments occurred for 40 years? For 75 years? Forever? A: 15期年金之PV=(1-1/(1.06)^15)/0.06*6100=59‚244.719 40期年金之PV=(1-1/(1.06)^40)/0.06*6100=91‚782.411 75期年金之PV=(1-1/(1.06)^75)/0.06*6100=100‚380.673 永續年金之PV=6100/6%=101
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