2229-5674 SHORT-TERM LIQUIDITY MANAGEMENT- A STUDY OF INDIAN STEEL COMPANIES Dr. Amalendu Bhunia Affiliation: Reader in Commerce‚ Fakir Chand College under C.U.‚ Diamond Harbour‚ West Bengal‚ India. bhunia.amalendu@gmail.com ABSTRACT The overall efficiency is vital from the viewpoint of short-term liquidity and at the same time proper plane of profitability is required for the business enterprises. Consequently‚ the affiliation between short-term liquidity and profitability is one of the most
Premium Working capital Balance sheet Inventory
ASSIGNMENT OPTION 1 The financial statements for David Jones Ltd can be accessed from the following website http://www.davidjones.com.au/For-Investors/Presentations-and-Reports-2010/Annual-reports- 2010. Examine these statements and answer the following questions: * What were David Jones’s main operating activities during 2010? What were the main differences between the accrual and cash flow effects of these activities? * If you owned 10‚000 of the company’s shares‚ what would
Premium Generally Accepted Accounting Principles Balance sheet Cash flow statement
A STUDY ON FINANCIAL PERFORMANCE OF MATHRUBHUMI PRINTIONG & PUBLISHING COMPANY LIMITED‚ CALICUT COMPANY PROFILE Mathrubhumi is one of the front-runners among the Malayalam newspapers. The first copy of Mathrubhumi was published on 18th of March 1923K. P. Kesava Menon‚ the prominent freedom fighter‚ as Editor and K. Madhavan Nair as Managing Director of it.In the beginning‚ the paper was published a week and had just one edition from Kozhikode (Calicut).Now with fourteen editions‚ including
Premium Kerala Financial statements Balance sheet
FINANCIAL PERFORMANCE ANALYSIS Financial performance analysis is the process of identifying the financial strengths and weaknesses of the firm by properly establishing the relationship between the items of balance sheet and profit and loss account. It also helps in short-term and long term forecasting and growth can be identified with the help of financial performance analysis.The dictionary meaning of ‘analysis’ is to resolve or separate a thing in to its element or components parts for tracing
Premium Balance sheet Income statement Financial statements
"Ratios" can be grouped into various classes according to "financial" activity or function to be evaluated. In view of the requirements of the various users of "ratios"‚ we can classify then into the following categories. Liquidity "Ratios" Profitability "Ratios" Solvency "Ratios" "Financial" statement "analysis" is a judgemental process. One of the primary objectives is identification of major changes in trends and relationships and the investigation of the reasons underlying those changes
Premium Ratio Judgment
Landry ’s financial statements. The ratio analysis will test the profitability‚ liquidity‚ and solvency of the company. Liquidity ratios measures the "short-term ability of the enterprise to pay its maturing obligations and to meet unexpected needs for cash" (KIMMEL‚ WEYGANDT & KIESO‚ 2007‚ p. 668). A solvency ratio measures the "ability of the enterprise to survive over a long period of time" (KIMMEL‚ et al.‚ p. 668). A profitability ratio measures the "income or operating success of an enterprise
Premium Balance sheet Generally Accepted Accounting Principles Asset
the company?s financial condition‚ character reference and loan security. Financial ratio and trend analyses show the company?s increasing profitability and long-term stability. It is recommended that the bank approves the credit line that Dawson Stores‚ Inc. is requesting‚ as the company knows how to maximize its assets and has shown improving profitability through the years. The long- standing and untainted relationship of the Dawson Stores Inc. and the bank is another factor that supports this
Premium Financial ratio Financial ratios Balance sheet
Financial Statement Analysis Chandra Sekhar Mishra VGSOM‚ IIT Kharagpur Outline Financial Statements and their Content ●Why Financial Statement Analysis (FSA)? ●Tools for FSA ● Financial Statements ● Balance Sheet ● ● Statement of financial position Statement of Assets and Liabilities ● ● ● ● Income Statement ● Statement of financial performance ● ● Assets: What a business owns Liabilities: What a business owes to non-owners Equities: What a business owes to owners Revenues and Expenses
Premium Generally Accepted Accounting Principles Balance sheet Asset
Access the information contained in your selected organization’s balance sheet and income statement to calculate the following: Liquidity ratios Current ratio Acid-test‚ or quick‚ ratio Receivables turnover Inventory turnover Profitability ratios Asset turnover Profit margin Return on assets Return on common stockholders’ equity Solvency ratios Debt to total assets Times interest earned Show your calculations for each ratio. Create a horizontal and vertical analysis for the balance
Premium Generally Accepted Accounting Principles
difference. This makes the “net income” for the year (2009) $627‚000 in the unaudited‚ and 373‚000 in the audited statement. Financial Ratios The financial ratios for Patton Fuller Hospital are not improving according to liquidity‚ solvency‚ and profitability ratios. The liquidity ratios‚ which show the organization’s ability to pay off short-term debts‚ are indicating that Patton-Fuller does not have a sustainable safety net. The current ratio and the quick ratio have decreased nearly three-fold
Premium Income statement Balance sheet Asset