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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expectations From: smh.com.au Date: 9th August 2012 Summary: The newspaper article posted on the Sydney morning herald is mainly focused on TABCORP’s financial position‚ its share prices and its revenue goals and targets. It has been clearly stated in the article that TABCORP share prices had fallen down by 5 percent and that they had shocked the market by decreasing their share prices by 5.1% to $3.14. It is also stated that the decrease in net profit from 2011 to 2012 is
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number of guests 4. Competitive Set - The competitive group of hotels in a market that provides the most important competition for a hotel 5. Daily Operations Report - A report that summarizes the hotel’s financial activities during a 24 hour period and provides insight into revenue‚ receivables‚ operating statistics‚ and cash transactions related to the front office also known as “Manager’s Report” 6. Forecasting - The process of predicting events and trends in business: typical forecasting for
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Purpose of Financial Statements The objective of financial statements is to provide information about the financial position‚ performance and changes in financial position of an enterprise that is useful to a wide range of users in making economic decisions (IASB Framework). Financial Statements provide useful information to a wide range of users: Managers require Financial Statements to manage the affairs of the company by assessing its financial performance and position and taking important business
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HISTORY This Income Statement also known as the Earnings Statements or statement of operation‚ is one of the four Financial Statement used by accountants‚ business owner’s‚ and investors. The Income Statement provides a detailed look into how profitable a business has been over a designated period of time. OBJECTIVES To be able to give Accounting Technology students quick reference when it comes to Income Statements. WHAT IS INCOME STATEMENT? This income statement tells how much
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Financial Statement Analysis for Investors Michael Price MBA640: Accounting for Decision Making Dr. Ulinski December 11‚ 2012 Table of Contents: Section I: Introduction (Page 3) Section II: Literature Review (Page 4) Section III: Methodology and Data Collection (Page 5) Section IV: Results (Page 6) a. Income Statement Analysis (Page 7) b. Balance Sheet Analysis (Page 11) c. Statement of Cash flow Analysis (Page 14) Section V: Conclusion (Page 16) a. Recommendation
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FINANCIAL STATEMENT ANALYSIS PROJECT Presented By Group Leader: Table of contents: - 1. SECTION 1: EXECUTIVE SUMMARY ………………………….…. 2 2. SECTION 2: BALANCE SHEET ANALYSIS ……………………………….. 4 3. SECTION 3: INCOME STATEMENT…………………………………………17 4. SECTION 4: RATIO ANALYSIS………………………………………………27 5. SECTION 5: CONCLUSIONS/RECOMMENDATIONS……………….…......30 6. SECTION 6: PUBLIC PERCEPTION AND RECENT RESULTS………….…31 7. APPENDIX 38
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a) Five Users of Company Financial Statements There are various internal and external users of company financial statements. Internal users include employees‚ directors and shareholders‚ while external users include the government‚ the public‚ suppliers and creditors. 1. Investors Both current and potential shareholders/investors are the providers of capital in a company. They are interested in information that will help them determine whether to invest in the company. They are comparing different
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Progress Report 1 October 31‚ 2013 Company Background Under Armour is an American sports clothing and accessories company. Under Armour is a supplier of casual apparel and sportswear. The global headquarter of Under Armour is located in Baltimore‚ Maryland. The firm has started offering footwear in the year 2006. The European headquarters are in Amsterdam’s Olympic Stadium while the additional offices are in Hong Kong‚ Jakarta‚ Indonesia‚ China‚ Canada‚ Toronto‚ Denver
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everyone in the office fill out a review for each other but not put their name on the top. Then the person giving the review can put these together and get a better feel for how the people that work with the employee each day think they are doing. 3. Take Warren’s advice and expand the numbers to 10 to give the reviewer more numbers to use. 4. Gail did not really express her opinions about Nick’s performance and how she felt in regards of his actions affecting the CanGo team. 5. when Warren
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