The major profitability ratios are: 1.1.1.1 RETURN ON CAPITAL: Describes the earning capacity of the enterprise and it is measured by the following ratio: Profit before interest and taxation Average operating Assets The Return On Capital ratio measures how well the average operating assets (assets such as debtors‚ cash‚ fixed assets‚ stock) are generating the company s income‚ and is indicative of the management techniques applied by the company to utilise its assets
Premium Financial ratios Generally Accepted Accounting Principles Inventory
The ‘State Bank’ Case Analysis 1. Executive Summary State Bank is a profitable‚ family-run business conveniently located at downtown Hillsborough – the countryseat. Its President is Mack McNeill and its newly appointed Director of Marketing is his son Phil McNeill. It not only serves the Hillsborough populace of 15000‚ but also the suburbanites and farmers as far away as 20 miles. This is a full-service bank underlining the friendly‚ small-town service approach‚ while maintaining conservative
Premium Bank Money State
Egoism is defined as the ethical belief that self-interest is the just and proper motive for all human conduct (www.dictionary.com). Egoism is essential in the banking industry because an individual in their right mind will not use nor trust a bank if the bank is going to lose or misuse their money. Cultural Relativism is defined as the principle that an individual human ’s beliefs and activities should be interpreted in terms of his or her own culture (www.wikipedia.com). Still more ethical principles
Premium Bank
NBER WORKING PAPER SERIES PROFITABILITY OF MOMENTUM STRATEGIES: AN EVALUATION OF ALTERNATIVE EXPLANATIONS Narasimhan Jegadeesh Sheridan Titman Working Paper 7159 http://www.nber.org/papers/w7 159 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge‚ MA 02138 June 1999 This paper has benefited from the excellent research assistance of Fei Zou and helpful comments from the participants of finance workshops at Indiana University and the University of Texas. All opinions expressed
Premium Arithmetic mean Rate of return Stock market
A Comparative Study of Banking Services and Customer Satisfaction in Public‚ Private and Cooperative Banks N.Amuthan‚ Associate Professor‚ Department of Commerce‚ A.G.Government Arts College‚ Tindivanam‚ Villupuram Distsrict‚ Tamil Nadu. Keywords: Transaction based Banking services‚ IT enabled banking services‚ Customer satisfaction‚ Service Quality. Abstract The banking system is facing challenges with stiff competition and advancement of technology. It becomes
Premium Bank
Vietnam‚ other stories involving the Holocaust‚ and other deaths such as the ones of John F. Kennedy and Martin Luther King Jr. This shows that life does go on a the process of renewal exists and hope still lies in humanity as it progresses into the future‚ whether it is in good or death. As Wayne D. McGinnis wrote in The Arbitrary Cycle of Slaughterhouse-Five: A Relation of Form to Theme‚ "The poignancy and force of Slaughterhouse-Five derive largely from an attitude about art and life that Vonnegut
Premium Life Death Religion
COMPARATIVE STUDY OF COMMERCIAL BANKS AND CO-OPERATIVE BANKS Introduction The robust macroeconomic environment continued to underpin the financial performance of Indian banks during 2004-05‚ with major bank groups successfully weathering the impact of an upturn in interest cycle. The demand for credit was broad-based during 2004-05 with agriculture and industry joining the housing and retail sectors to drive up the demand for credit. A sharp increase in net interest income mitigated to a large
Premium Bank Fractional-reserve banking Money
Airline Profitability in NIGERA In a 2008 interview with VIA Magazine‚ Richard Branson‚ founder of Virgin Airways‚ said‚ “I’ve always said the easiest way to become a millionaire is to start out a billionaire then go into the airline business.” The airline business has been somewhat of a mixed bag; that is until 2010 when airlines were at their most profitable. According to the Wall Street Journal‚ since 1978 airlines have experienced lagging profits‚ but in 2010 they posted half year profits
Premium International Civil Aviation Organization Profit Profit margin
Everyone wants a good soul mate in one’s life. You might be wondering how your future husband or wife would look like. If you wish to see your soulmate‚ performing wazifa to see future husband will help. You can make fresh wuzu or ablution before going to bed and recite the following wazifa to see future husband: “Allaahoomaa yaa raabbaa ibraaheema Yaa moosaa vaa raabbaa is-haaqaa Vaa yaa aaqoobaa vaa raabbaa Jibraayeelaa vaa raabbaa mikayeela vaa raabbaa Israafeelaaa vaa raabbaa izraayeelaa munaaz-zillut-taavaaraata
Premium Marriage Love Family
investment (Zariyawati et al‚ 2009). However it is always being ignored by companies because it is related to short term period. The companies or managers should understand that items or transactions in short term period may give significant impact in future if the responsible managers does not concern about it. Thus‚ it is actually has the same essential with financing or investing activities in longer term period. Working capital measures how much in liquid assets a company has available to build its business
Premium Regression analysis Accounts receivable Generally Accepted Accounting Principles