Course Project Comprehensive Balance Sheet December 31st 2012 Assets Current Assets Cash $42‚485 Account Receivable $165‚824 Allowance for Doubtful accounts 1‚850 Net Accounts Receivable 163‚974 Inventories 499‚493 Securities (available for sale/at fair market value) 28‚250 Notes Receivable (due next year) 23‚000 Prepaid Expenses 16‚252 Total Current Assets……………………………………………………………………………………$773‚454 Non-Current Assets
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Ratio Analysis Formulas 1) Financial ratios S.no | Ratio | Formula | Ideal ratio | comments | 1 | Current ratio | Current assetsCurrent liabilities | 2:1/1.33:1 | Indicates firm’s commitment to meet financial obligations.Avery heavy ratio is not desirable as it indicates less efficient use of funds | 2 | Quick ratio | Quick assetsCurrent liabilities | 1:1 | This ratio also indicates short term solvency of a firm | 3 | Debt –Equity ratios | long term debtequity | 1:2 | Indicates long
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which include Manufacturing and Trading‚ Profit and Loss Account and Balance Sheet. The determination of profit or loss is done by preparing a Trading‚ Profit and Loss Account. The purpose of preparing the Balance Sheet is to know the financial soundness of a concern as a whole during the particular period. The following procedure and important points to be considered for preparation of Trading‚ Profit and Loss Account and Balance Sheet. (1) Manufacturing Account Manufacturing Account is the important
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off balance sheet treatment: 1. The lease transfers ownership of the asset to the lessee by the end of the lease term. 2. The lease contains an option to purchase the leased property at a bargain price. 3. The lease term is equal to or greater than 75% of the estimated useful life of the leased asset. 4. The PV of the lease and other minimum lease payments equals or exceeds 90 percent of the fair value of the leased asset. Most analysts will proforma these
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with the help of the Statement of Sources and Uses (Exhibit 1). In addition‚ the financing needs for the projected growth of the company will be reported and analyzed briefly. For this purpose Pro-forma Income Statements (Exhibit 2) and Pro-forma Balance Sheets (Exhibit 3) have been prepared for the next four years (1972 through 1975). From 1968 to 1971‚ Carrefour has used trade notes extensively as a source of cash. Other significant sources of funds are Other Current Liabilities‚ Accounts Payable
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Tire City‚ Inc. (TCI) was a rapidly growing retail distributor of automotive tires in Northeastern United States. Tires were sold through a chain of 10 shops located throughout Eastern Massachusetts‚ Southern New Hampshire and Northern Connecticut. These stores kept sufficient inventory on hand to service immediate customer demand‚ but the bulk of Tire City’s inventory was managed at a central warehouse outside Worcester‚ Massachusetts. Individual stores could be easily serviced by this warehouse
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Valuations Unlimited inc. Business Assessment ABC Ltd. Prepared for the Exclusive Use of: John & Sally Smith Date: March 5‚ 2009 Valuations Unlimited inc. TABLE OF CONTENTS Opinion of Value............................................................................. Restrictions‚ Assumptions & Limiting Conditions................................. BUSINESS SUMMARY...................................................................... Business Overview History of Company.......
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mGrameenphone Ltd. Balance Sheet as at 30 September 2009 As at 30 September 2009 Taka As at 31 December 2008 Taka Assets: Non current assets : Property‚ plant and equipment‚ net Intangible assets Investment in shares of X-Net Ltd. Long-term receivables and deposits Current assets: Inventories Deferred cost of connection revenue Accounts receivable‚ net Advances‚ deposits and prepayments Cash and cash equivalents Total assets Equity and Liabilities: Shareholders’ equity: Share capital Share premium
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If there are images in this attachment‚ they will not be displayed. Download the original attachment Page 1 ________________________________________________________________________________________________________________ Craig Chapman‚ Assistant Professor‚ Kellogg School of Management‚ prepared this case specifically for the Harvard Business School Brief Case Collection. This case was prepared solely as a basis for class discussion and not as an endorsement‚ a source of primary data‚ or an illustration
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The Carlton Polish Company Duisenberg School of Finance 04-03-2013 1. Comparable Economic Laboratory (EL) is like Carlton a leading manufacturer in chemical supplies. However this company is much bigger‚ internationally operating and directly supplying to end-users‚ mainly institutions. The product range being offered is most in line with the products offered by Carlton Polish. Another comparison is the compounded growth rate of sales: EL has a growth rate of 13% and Carlton of 14.59%
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