INTERPRETATION OF FINANCIAL 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
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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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INTRODUCTION * The Workmen’s Compensation Act‚ 1923 is one of the earliest labour welfare and social security legislation enacted in India. It came into force from 1st July‚ 1924. It aims to provide workmen and/or their dependents some relief in case of accidents arising out of and in the course of employment and causing either death or disablement of workmen. It recognizes the fact that if a workman is a victim of accident or an occupational disease in course of his employment‚ he needs to
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and used in the hydrolysis of glucose-6-phosphate (G6P). This catalyst the final step in glycogeneogeneis and glycogenolysis which is the key point of homeostatic regulating the blood glucose levels in our bodies. In the experiment‚ we will determine the activity of G6Pase. Frist‚ we will extract the G6Pase from pig liver sample. Then‚ we will assay for the liver G6Pase by enzymatic digestion and phosphate determination. Finally‚ we will measure the amount of protein present in the G6Pase by
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Efficiency Ratios The efficiency ratio is an indicator of how well Johnson and Johnson (J&J) is run on an organizational wide basis. Efficiency ratios are also defined as asset turnover ratios (Finkler‚ Kovner & Jones‚ 2007). The asset turnover ratio measures how productive J&J is in managing all of its assets to generate Sales. This efficiency ratio is calculated by dividing sales by total assets by total revenue. For year 2010‚ J&J had an asset turnover of 0.6. Comparing J&J’s
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The aim of this report is to analysis the financial performance of J Sainsbury plc by compare several ratios‚ in the view of an investor who seeking long term investment. Four sections will be illustrated‚ the background of Sainsbury‚ 10 ratio analysis‚ a suggestion of whether the company is worth to invest and a limitation of current financial statements and ratio analysis. J Sainsbury plc is the third largest chain company of supermarkets in the UK‚ which is generally known as Sainsbury’s. It
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War is a horrible medium‚ which has been used for hundreds of thousands of years‚ to achieve certain goals through the use of force. The major causes for war are resources‚ which can be territory‚ water‚ gold‚ minerals or animals; and ideologies: political beliefs‚ religion‚ philosophical differences. In other words‚ brutal outrageous kings‚ rulers‚ commanders and emperors possessed the purpose of having power and control over the whole world. But do these egoistic goals really bring benefit to humanity
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Harnessing the wind is one of the cleanest‚ most sustainable ways to generate electricity. Wind power produces no toxic emissions and none of the heat trapping emissions that contribute to global warming. The sheet you gave me last lesson‚ answer the question write on paper (half page) The Effects of Economic Globalization on Developing Countries Financial and industrial globalization is increasing substantially and is creating new opportunities for both industrialized and developing countries
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Determine two to three (2-3) methods of using stocks and options to create a risk-free hedge portfolio I found the research of this question to be extremely interesting. The simplest form of purchasing securities in order to reduce portfolio risk is hedging. These securities are intended to have negative correlation to the remainder of our portfolio so that it can help offset any other potential losses in our portfolio. We can hedge by buying a put option. We can buy stock with one put option with
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Factors that determine investment: 1. Marginal efficiency of capital:- The marginal efficiency of capital is called the expected return of capital or expected rate of profit on an investment. PV = R + R + R + …………… + R (1+i) (1+i) (1+i) (1+i) Keynes define the marginal efficiency of capital as “ MEC is being equal to that rate of discount which make the present value of
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