Ratio Analysis Memo Profitability: Asset turnover and Profit Margin What do the profitability ratios reveal about the financial position of the company? Which users may be interested in each type of ratio? What does the collected data reveal about the performance and position of the company? The profitability ratios measure a company’s operating success for a specific period of time. Most investors and bankers are going to be interested in the profitability of a company. The data for asset
Premium Generally Accepted Accounting Principles Revenue Asset
Whenever I hear the phrase "college isn’t for everyone" my mind cringes at the thought of all the lazy people who walk amongst this earth. There are many things people deal with on an everyday basis that "aren’t for everyone". Cancer isn’t for everyone‚ losing a loved one isn’t for everyone‚ and being put in situations‚ you don’t ask to be put in certainly aren’t for everyone. However‚ as human beings‚ we have to continue living our lives to the best of our ability. There are no excuses in the real
Premium High school
1. Prologue: 1. Prologue: 1. Prologue 1.1Origin of the report: The term paper on “Quality Analysis of Financial Statement ” has been prepared for Mr Tanvir Ahmed Khan (Course instructor of Intermediate Accounting‚ ACT-330) as a partial requirement of the course . Real life does not go all the time like the theories and practical world is very critical and diverse. To understand the theoretical aspects of a subject one must understand the practical situation‚ problems‚ policies and implications
Premium Balance sheet Financial statements International Financial Reporting Standards
conduct a comparative ratio analysis of the financial statements of J. Sainsbury PLC and Tesco PLC for the year-ending 2013. The financial information that is provided from each company’s annual report and the comparison between them will help possible users of this analysis to understand not only the differences between these two companies but also each company’s weaknesses and strengths. Below‚ the profiles of the two companies will be referred as well as eight accounting ratios for each company will
Premium Balance sheet Asset Financial ratios
RATIO ANALYSIS Ratios | 2007 | 2008 | 2009 | Current Ratio | 0.98 | 0.79 | 0.91 | Quick Ratio | 0.66 | 0.41 | 0.46 | Working Capital | (43318926) | (480192556) | (199882615) | ------------------------------------------------- 2007 Current Ratio (C.R):- It shows the relationship between size of current assets and size of current liabilities. Current Ratio=Current Assets (C.A)/Current Liabilities (C.L) The standard of current ratio is (2/1) means
Premium Balance sheet Inventory Asset
* Findings and Analysis: Liquidity Ratio 1. Current Ratio: A company’s current assets divided by its current liabilities is known as the Current Ratio. This ratio is regarded as a measure of short-term debt paying ability. It measures the capability to obsolete the current liability with comparing to current asset by how many times. The equation is- Current Ratio = Current AssetCurrent Liability * The general rule of thumb calls for a current ratio of at least 2:1. If it is greater than
Premium Balance sheet Generally Accepted Accounting Principles Insurance
In the essay “If Black English Isn’t a Language‚ Then Tell Me‚ What Is?”‚ James Baldwin argues that languages evolve based on the environments in which they are spoken. Baldwin claims that‚ “people evolve a language in order to describe and thus control their circumstances [...] [People from different regions] are not saying‚ and cannot be saying‚ the same things: They each have very different realities to articulate” (1). Essentially‚ people’s environments play a large role in the way they speak
Premium Linguistics Language English language
William Wilberforce was one of Britain’s great social reformers involved in campaigns against slavery‚ the promotion of education‚ Christianity‚ strict morality and animal welfare. He was also an English politician‚ philanthropist‚ and a leader of the movement to stop the slave trade. A native of Kingston upon Hull‚ Yorkshire‚ he began his political career in 1780‚ eventually becoming an independent member of Parliament for Yorkshire (1784-1812). William Wilberforce was born in 1759 and died in
Premium Atlantic slave trade William Wilberforce Slavery
“De-extinction Probably isn’t Worth it”. This is the name of an article by Sarah Zielinski. I completely understand what she is talking about in her text‚ and I agree with her. De-extinction isn’t worth it mainly because it would take attention from other research‚ harm living creatures‚ and most of their habitats and food are gone. If we brought back extinct animals‚ it would take a lot of funds and research‚ causing us to forget about other research projects. In Mrs. Zielinski’s article she told
Premium Evolution Extinction Endangered species
positive answer indicates late payments‚ while a negative answer indicates early payments. 4. Pie Corp’s sales last year were $315‚000‚ and its year-end total assets were $355‚000. The average firm in the industry has a total assets turnover ratio (TATO) of 2.4. The firm’s new CFO believes the firm has excess assets that can be sold so as to bring the TATO down to the industry average without affecting sales. By how much must the assets be reduced to bring the TATO to the industry average
Premium Financial ratios Generally Accepted Accounting Principles Financial ratio