QUESTION 1 i. Current Ratio = Current Assets/Current Liability = $ 14‚651‚000/$ 19‚639‚000 = 0.750 ii. Quick Ratio = (Current Assets – Inventory) / Current Liability = ($ 14‚651‚000 – $ 6‚136‚000) / $ 19‚539‚000 = 0.436 iii. Total Assets Turnover = Sales/Total Assets = $ 167‚310‚000/$ 108‚615‚000 = 1.540 iv. Inventory Turnover = COGS/Inventory = $ 117‚910‚000/$ 6‚136‚000 = 19.216 v. Receivable Turnover = Sales/Account Receivables = $ 167‚310‚000/$ 5‚473
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Public administration houses the implementation of government policy and an academic discipline that studies this implementation and that prepares civil servants for this work. As a "field of inquiry with a diverse scope" its "fundamental goal... is to advance management and policies so that government can function." Some of the various definitions which have been offered for the term are: "the management of public programs"; the "translation of politics into the reality that citizens see every
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Financial Institution In financial economics‚ a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries. Most financial institutions are regulated by the government. Broadly speaking‚ there are three major types of financial institutions: Depositary Institutions : Deposit-taking institutions that accept and manage deposits and make loans
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Practical Implication of Job Analysis in the Veterans Home Administration The use of job analysis is an effective tool in the realm of human resource management. Job analysis is defined as “a logical process to determine (1) purpose-the reason for the job‚ (2) essential functions-the job duties which are critical or fundamental to the performance of the job‚ (3) job setting-the work station and conditions where the essential functions are performed‚ and (4) job qualifications-the minimal skills
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IDENTIFY THE MAJOR FINANCIAL STATEMENTS AND OTHERS MEANS OF REPORTING. FININCAL STATEMENTS: The statements prepared to show the financial position of the business is known as financial statements. These statements provide financial information of an equity to internal and external users and decision makers. MAJOR FINANCIAL STATEMETS: The three main financial statements are as follow:
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Chapter 01 Why Are Financial Institutions Special? True / False Questions 1. Prior to the financial crisis of 2007-2008‚ J.P. Morgan Chase was the largest bank holding company in the world and operations in 60 countries. True False 2. As of 2009‚ U.S. FIs held assets totaling over $35 trillion. True False 3. Financial institutions act as intermediaries between suppliers and demanders of money. True False 4. If a household invests in corporate securities
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Rustomjee Business School Rustomjee Business School Class M 14‚ Sem3 Date: 15th November‚ 2013 Subject: Advance Financial Mgmt. Maximum marks: 60 ‚ Time: 3 Hours Sec A Answer any FIVE questions. All questions carry equal marks. Q1 Explain the important functions of either Credit Rating Information Services of India Ltd. (CRISIL) or Information and Credit Rating Services Ltd. (ICRA). Q2 The Balance Sheet of International Trade Ltd. as on 31st March‚ 2008 is as under Liabilities Rs.(Lacs)
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Question 1 In chapter four of Refounding Public Administration‚ Gary L. Wamsley argues that public administration and public administrators are now facing new challenges that threaten the very core of democracy in today’s society. In order to combat these challenges public administrators must establish a system where they not only cooperate with federal‚ state‚ and city officials in working towards the common good and commonality for citizens‚ but they must also encourage active citizen participation
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Business Law October 11‚ 2000 The FDA has many responsibilities which include overseeing the production of safe foods and the manufacture of safe and effective drugs and medical devices. The FDA has responsibility for protecting the rights and safety of patients in the clinical trials of investigation medical products. The FDA also has to review and approve in a timely manner the safety and efficiency of new drugs‚ biologics‚ medical devices‚ and animal drugs. They have to monitor the
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Was the financial crisis‚ which led to the austerity measures now being followed by the coalition government‚ caused by investment bankers or by government? A lot of economists stated that the recent financial crisis was the worst crisis since Great Depression‚ which resulted in the collapse of a number of large financial institutions followed by the government’s bailout and austerity measures. It has affected billions of people globally‚ which made bankers and politicians very unpopular. Though
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