CHAPTER 5—BASICS OF ANALYSIS MULTIPLE CHOICE 1. Statements in which all items are expressed only in relative terms (percentages of a base) are termed: a. Vertical Statements b. Horizontal Statements c. Funds Statements d. Common-Size Statements e. none of the answers are correct ANS: D PTS: 1 2. In financial statement analysis‚ ratios are: a. the only type of analysis where industry data are available b. absolute numbers converted to a common base c. fractions usually expressed in percent
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BasRunning head: BASIC FINANCIAL STATEMENTS Basic Financial Statements Robert A. Weir Basic Financial Statements There are four financial statements that business’ use to reference the financial data of a company. These statements are the balance sheet‚ the income sheet‚ the statement of retained earning and the statement of cash flows. These four statements show a variety of information that pertains to the financial situation of a company during a specific
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A SUMMER PROJECT REPORT ON “FINANCIAL STATEMENT ANALYSIS” Submitted for the partial fulfillment of the requirement of the degree of Master of Business Administration‚ Under BPUT‚ Rourkela‚ Orissa [pic] 2008-10 ROURKELA STEEL PLANT‚ SAIL SUBMMITTED BY AHWAN MAHAKUDA ROLL NO.0806806036 GUIDENCE UNDER INTERNAL GUIDE EXTERNAL GUIDE Mr. SURESH KU SAHOO Mr. G. ARORA Lecture in Finance
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Conclusion This Project has been very useful to me because I learned how to prepare cash flow statements and ratio analysis. This has improved my knowledge on financial statements which is very useful in business and commerce ever day. The work I did in this project has helped me to understand the techniques‚ applications and usefulness of financial statements to understand the performance of a particular company or enterprise without much difficulty and also understand how to prepare them in future
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________________________________ Financial Statement Analysis Financial statement analysis (or financial analysis) the process of understanding the risk and profitability of a firm (business‚ sub-business or project) through analysis of reported financial information‚ by using different accounting tools and techniques. Financial Statement Analysis Tools Financial statements are usually the final output of companies accounting operations. These statements contain information relating to the revenues
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Question 3: Frieda‚ an accounting student‚ states: “Strategy analysis seems to be an unnecessary detour in doing financial statement analysis. Why can’t we just get straight to the accounting issues? “Explain to Frieda why she might be wrong. Without strategy analysis‚ it is impossible to identify what drive profits and what are key risks. Moreover‚ assessing firm’s current performance and doing realistic forecasts of future performance are also directly linked with firm’s strategy. Three important
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1 Financial Accounting and Accounting Standards Intermediate Accounting‚ 15th Edition Kieso‚ Weygandt‚ and Warfield 1 Financial Statements and Financial Reporting • Goals or purpose of (financial) accounting – Identification‚ measurement‚ and communication of financial information about – An economic entity to – Interested Parties (internal and external) • Creditors‚ managers‚ unions‚ government agencies Financial reports (statements) & notes 2 Financial Statements and
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Motel 6 Financial Statement Marketing plan for Motel 6 Executive summary This is to bring to your attention that Motel 6 is flying higher than before and it is venturing more. This is after a turnaround in our fortunes. You can remember in 1990 when the chain based in Dallas was sinking after its acquisition by Accor S.A. of France from Kohlberg Kravis Roberts & Company‚ the leveraged buyout firm‚ for $2.3 billion. Again in 1993‚ we lost $40 million. However‚ we are standing tall today for turnaround
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Retail Banking & Evaluation of Financial Performance of Axis Bank (Summer Internship Report) From 30th June To 10th August Submitted to: Submitted by:Training Supervisor: Ashish Jain Shridhonkar Mr. Nishpap PGDM (07-09) ~2~ Sales Manager (07-II711) Axis Bank Limited‚ Gwalior ACKNOWLEDGEMENT Summer training is one of the most vital and active part of the curriculum of management students. Its basic idea behind this is to strengthen the student’s concept through practical training and
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PROBLEMS 1. Comparative income statements for 2006 and 2005 follow. FROM GIBSON‚ CHAPTER 5 | |2006 |2005 | |Sales |$9‚434‚000 |$7‚862‚000 | |Cost of Sales | 7‚075‚400 | 5‚660‚640 | |Gross Profit | $2‚358‚600
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