INTRODUCTION AND HISTORY PJ McGinnis‚ Sir Wilmot‚ Hudson Fysh‚ Sir Fergus McMaster and W Arthur Baird initiated Qantas. Story of Qantas started in March 1919‚ when an antecedent Australian Flying Corps officers W Hudson Fysh and Paul McGinnis perceived an offer of a £10‚000 ($20‚000) prize proposed for acceptance by the Federal Government for the first Australians to fly in a period of 30 days from England to Australia. Fergus McMaster who was a wealthy ranch owner and McGinnis struck up
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Defining Financial Ratios Michael Turner BSA/500 – Business Systems I August 11‚ 2013 Simon Chen The concept of forecasting financials is as much about calculating the data is its about understanding the data. A simple concept of calculating the larger perspective for a simple index can be the keys to understanding the direction of the company. Calculating that direction will help those who associate with the company as owners‚ lenders‚ and board members to know if the company is credit worthy
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Qantas Case Study Qantas is an Australian icon. Australia’s national airline has enjoyed a long history as a profitable business‚ a respected brand name and has a deserved reputation for safe and reliable travel. For a small country of 22 million people‚ the Australian domestic airline industry is significant. The high level of urbanization of Australia’s population‚ the long distances between major urban centres‚ the lack of high speed trains and the importance of Australia’s tourism industry
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Ratio Analysis Return on capital employed Basically‚ it measures business performance. This ratio is used to calculate the return versus the money that is invested. Gross profit margin This ratio uses for measuring of profitability in selling‚ buying or producing goods before any other expenses are put into account. Therefore‚ any change in this figure can have an important result on the net profit margin of the year. Harrods’ gross profit margin can be divided into 2 parts which is
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ShuyiWang311121136; WentingHe311145744 ACCT6003 Group Assignment Qantas Airways and Singapore Airlines Content I. 1. 2. Business Strategy Analysis Five forces Analysis of Airline Industry Company Strategy Analysis II. III. 1. 2. 3. 4. 5. Accounting Analysis Financial Analysis Return On Equity – ROE Return On Assets – ROA Profit Margin – PM Asset Turnover – ATO Debt-to-Equity Ratio – D/E Ratio IV. V. VI. Market Analysis Conclusion Appendix VII. Reference 1 XinlanLi310064295;
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Ratio analysis Debt ratio Debt ratio (2006-2007) = Total liabilities / Total assets = 10‚170/12‚064 = 0.84 Debt ratio (2007-2008) = 9‚210/11‚769 = Debt ratio (2008-2009) = 10‚003/11‚229 = Debt ratio (2009-2010) = 11‚043/12‚537 = Current ratio Current ratio (2006-2007) = Current assets / Current liabilities = 3‚424/4‚790 = 0.71 Current ratio (2007-2008) = 2‚164/4‚498 = Current ratio (2008-2009) = 1‚326/5‚389 = Current ratio (2009-2010) = 2‚697/6‚085 = Return on sales (ROS) Return on Sales
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Competencies (by Yong) Based upon an independent study by Grant Samuel & Associates‚ Qantas is one of the most suc-cessful airlines in the world with solid long term growth potential (Qantas Airways Limited 2007). Qantas is one of the best performing airlines in the world with a number of very attractive core competencies as follows. Qantas’s Core Competencies Deccan’s Benefit if Merged with Qantas Strong brand: Qantas is a globally recognized brand that enjoys excellent brand equity and outstanding
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Qantas is recognized as the world ’s leading long distance airways which were established in Queensland in 1920‚ being the second oldest airlines of the world. Today‚ with the partnership of Emirates‚ the airways provide flight services across a network of 173 destinations in 42 countries covering all over the world with approximately 35‚000 employees. Qantas and Emirates fly 14 times a day from Australia to Dubai‚ and provide ’one-stop ’ access to destinations across Europe‚ the Middle East and
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Industry Averages and Financial Ratios Paper: Microsoft Corporation Team A: Chris Brooks‚ Elsa Gutierrez‚ Christina Perez‚ Jose Villarreal Kristen Walker‚ and Thomas Woodard FIN/370 Ruth Smith March 30‚ 2015 Financial management is important for any successful business. Good financial management requires proper planning and keeping up with the conditions of the business’ finances situation through ratio analysis and other performance measures. These analysis are done to ultimately keep up with
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competitors. This section will include Qantas’ aim and main goal‚ vision‚ mission‚ and values‚ and current actions. Aim and Main goal Qantas’ aim is to meet the highest standards of safety‚ service‚ citizenship‚ and environment responsibility. The CEO of Qantas‚ Allen Joice‚ states that Qantas Groups continually renews its fleet‚ creating low operating cost‚ fuel efficiency‚ and releasing new planes to improve passengers’ comfort. The goal of Qantas is to deliver great place to work‚ provide
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