company?s financial statements and ratios are good indicators of its performance over the years. This report specifically compares the ratios for 2004 and 2005‚ with some additional insight into 2003‚ 2002‚ and 2001. The current ratio has increased by 0.0534 from 0.9900 to 1.434. As the current ratio is a measure of liquidity and ability to meet short-term debt requirements‚ BP was more able to meet their short term debt obligations in 2005 than 2004. From 2001 to 2003 the current ratios were 1.0767
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MINICASE Ratio Analysis at S&S Air‚ Inc. Chris Guthrie was recently hired by S&S Air‚ Inc.‚ to assist the company with its financial planning and to evaluate the company’s performance. Chris graduated from college five years ago with a finance degree. He has been employed in the finance department of a Fortune 500 company since then. S&S Air was founded 10 years ago by friends Mark Sexton and Todd Story. The company has manufactured and sold light airplanes over this period‚ and
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Report CFT LTD To: Director’s of CFT Ltd From: Accountant Subject: Financial Analysis of CFT Ltd Date: 4 October 2012 Liquidity ratio: It’s focus on the solvency of the business and includes two ratio- 1. Current ratio 2. Quick assets ratio If the liquidity level of a company is high then it means that the company has or can generate enough cash to meet its short term requirements for cash- it can easily pay its bills on time. On the other hand if the liquidity level is low then the
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Babbitt: Conformity In the Sinclair Lewis novel Babbitt‚ the character of Babbitt is completely controlled by the power of conformity. Conformity is so powerful that even after babbitt realizes the stifling nature of the society in which he lives he is powerless to change his fate as a member of conformist society. George F. Babbitt is a man who is completely controlled by the conformist society in which he lives. Pressure to conform lies in all aspects of Babbitt’s life. Relationships
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Limitations of Ratios used for analysis: 1. Inflation will distort a firm’s balance sheet and a trend analysis may not give a true picture of the firm’s financial performance. 2. Different fiscal year‚ example‚ a firm may have a fiscal year that ends on June 30‚ whereas another company in the same industry may have a fiscal year ends on 31 . 3. Financial analysis is performed on historical data mainly for the purpose of forecasting future performance. The historical relationships may not continue
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to evaluate the financial status of the business. K Chapman is looking to expand within the business. K Chapman has applied to be granted a loan from the Commonwealth Bank. The businesses performance has to meet the industry averages. Ratios and current performance will be evaluated and advice will be given on how this business will be able to improve. A final decision will be made to decide if K Chapman will be able to be granted the loan from the Commonwealth bank or not. Ratios and Current Performance:
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RATIO ANALYSIS Meaning of Ratio:- A ratio is simple arithmetical expression of the relationship of one number to another. It may be defined as the indicated quotient of two mathematical expressions. According to Accountant’s Handbook by Wixon‚ Kell and Bedford‚ “a ratio is an expression of the quantitative relationship between two numbers”. Ratio Analysis:Ratio analysis is the process of determining and interpreting numerical relationship based on financial statements. It is the technique of
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distinguishable are Lewis and Clark. Lewis was the captain and Clark is his co-captain. It is their mission to go on a expedition and discover new things in the uncharted territory. I am one of the crew members they took to aid them in their expedition. We were nearing the shore and getting ready to depart. “Are we all ready crew‚” Lewis said . “ Yes we are captain‚” said the crew. “What is your plan captain when we get there?” I said. “You will see once you get there‚”Lewis said. We set off
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Valuation Ratios Comparing all the companies we have here‚ we know the sector value is 6.15‚ and we can see that Costco is has the largest number with 28.59‚ meaning that this company has big growth‚ and it is not risky. Along the other companies‚ we know that Target‚ Walmart‚ and Home Depot are doing well too. In this same case Nordstrom and Macy’s are not doing so well‚ they are a little below average‚ so we can conclude they are not growing that fast‚ and they are tending to become a little
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C.S. Lewis Views Paper Garry R. Smith Ohio Christian University Author Note This paper prepared for Transformed Worldview (PH3000)‚ taught by Professor Tino. C.S. Lewis Views Paper (C.S. Lewis‚ 1952‚) I have been asked to tell you what Christians believe‚ and I am going to begin by telling you one thing that Christians do not need to believe. If you are a Christian you do not have to believe that all religions are simply wrong all through. If you are an atheist you do have to believe that
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