DETERMINING RATIO DECIDENDI – EFFICACY OF WAMBAUGH’S TEST I. INTRODUCTION Judicial precedents are an important sources of law. They are the former judgements of the superior courts which the judges in common law countries are bound to follow. This bindingness of previous decisions on the lower courts is partly due to high status which the judges enjoyed in England and also partly because of the importance of the issues which they decided. Judicial decisions were given a high authority as
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The Golden Ratio Body‚ art‚ music‚ architecture‚ nature – all connected by a simple irrational number – the Golden Ratio. According to Posamentier & Lehmann in their work The (Fabulous) Fibonacci Numbers‚ there is reason to believe that the letter φ (phi) was used because it is the first letter of the name of the celebrated Greek sculptor Phidias (490-430 BCE). He produced the famous statue of Zeus in the Temple of Olympia and supervised the construction of the Parthenon in Athens
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Mittal Steal in 2006: Changing the Global Steel Game Industry Analysis Although steel was a highly demanded good‚ the industry as a whole was largely unprofitable. One reason for this was that the industry remained highly fragmented in contrast to their suppliers and even some of their buyers‚ who were considerably more consolidated. Aside from the increased competition that fragmentation contributed to‚ it also degraded the steal industry’s bargaining power to raw material suppliers and in some
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for Value‚ FedEx Corp. vs. United Parcel Service‚ Inc. The purpose of this memo is provide a recommendation on whether to invest in FedEx or UPS‚ given that the air transportation market in China is now open to both companies. Outlined in this memo are an assessment of the strategic approaches and an evaluation of the financial and non-financial performance of both companies‚ which led to the conclusion that UPS is the superior investment opportunity. 1.0 Strategic Approaches for FedEx and UPS FedEx
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LEARNING TEAM RATIO ANALYSIS - WEEK 5 1 Learning Team Ratio Analysis - Week 5 ACC/291 June 18‚ 2013 LEARNING TEAM RATIO ANALYSIS - WEEK 5 2 TO FROM DATE RE : : : : CEO‚ Riordan Manufacturing Team A June 18‚ 2013 Organization Financial Analysis The purpose of this memorandum is to provide organization’s financial analysis by identifying our position and performance as well as to assess Riordan Manufacturing’s future financial performance. Our team has evaluated the three broad
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Profitablity Ratio Analysis This analysis ratio based on FAME report and annual report of Thortons (PLC) from 2007 to 2010. 1. Gross Profit Margin During period 2007-2010‚ Thorntons was achieved the highest gross profit margin in 2007. It was increased the sales/revenue 5.3% (from ₤ 176.60m to 186.00 m). In 2008 the sales was increased 11.9% (from ₤ 186.00m to 208.12 m) however the gross profit margin was decreased due to the high cost of good sales compare to previous year which was increased
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TABLE OF CONTENTS INTRODUCTION 3 MANAGERIAL FINANCE: 3 FINANCIAL STATEMENTS ANALYSIS: 3 RATIO ANALYSIS: 3 FAUJI CEMENT BALANCE SHEET AND PROFIT AND LOSS ACCOUNT 4 RATIO ANALYSIS: 9 INTRODUCTION MANAGERIAL FINANCE: • Managerial finance is concerned with the duties of the financial manager in the business firm. • The financial manager actively manages the financial affairs of any type of business‚ whether private or public‚ large or small‚ profit-seeking or not-for-profit
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Audit Methods: the ten criteria are: 1. Foundation which is the essential area that the company stands on‚ so it is important to look at the leadership and also to make sure that there is accountability in place‚ by doing this it helps to make sure that the entire company is on the same page in terms of having clear company direction as well as complying with that direction the company is going in and spells out what the consequences are for not complying with said direction. As for Home Depot
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In our analysis of Regal Entertainment Group and Cinemark Holdings‚ Inc.‚ we found interesting information in their ratios. Being theaters‚ they do not carry much inventory other than concession items and rentals costs. However this industry has heavy property plant and equipment. Liquidity Ratios We first looked at Liquidity Ratios to see if the firm is able to satisfy short- term obligations as they come due. These will also tell us if there are any possible cash flow problems. Current Ratios:
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ANALYSIS FOR INSIDERS RATIOS 1. Manufacturing Cost per Unit The ratio demonstrated that how much Polycon is spending in producing one unit. It helps business owners determine when they’ll turn a profit and helps them price their products with that in mind. It provides a dynamic overview of the relationships among revenues‚ costs and profits As little as company incurs on producing one unit‚ it will goes to the company’s goodwill. In order to review the ratio under consideration‚ it has been
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