Short-term: The quick ratio‚ also known as acid-test ratio‚ calculates a company’s cash and accounts receivable divided by its current liabilities. This ratio is a more stringent measure of liquidity than the current ratio in that it excludes inventories and other current assets. Pfizer has a quick ratio of 1.78 while the industry median is 1.21. This shows the company does not rely too much on inventory of other assets to pay for short-term liabilities. The current ratio measures a company’s current
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31/10/13 Student no-21185372 Contents 1. Introduction 2. Fundamental and Technical analysis 3. Efficient market hypothesis 4. Causes of efficient market 5. Empirical evidence 6. Conclusion 7. Bibliography 1) The price of the stock is determined by demand and supply. The supply is based
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Interpretation of the Ratios 1) Current Ratio-It is a test of solvency or of short-term financial strength of a concern. It is an index of working capital and shows the ability of the concern to meet its obligations and also the capacity to carry on effective operations. Generally‚ if current assets are twice that of current liabilities‚ the concern’s working capital position is considered to be satisfactory. 2) Quick Ratio-It shows the amount of cash available to meet immediate payments. Stock-in
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is familiar with the issue of legislating nurse patient ratios. The california nurses association has gone to great legnths to bring the problem to the attention of the media ‚ politicians‚ and public at large. They even went so far as to hire a plane to fly an "anti-Arnold" banner over a hollywood event. The aggression of the CNA is centered around The "governators" opposition to passing legislation to limit nurse patient ratios. Ratio issues are not solely a californian issue. Two new york
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Introduction to Financial Statement Analysis Meaning of Financial Analysis is to classify the data in simple form given in Financial Statements and to compare with each other to find out the strong points and weakness of the business and to take decisions for future. For instance‚ if all items relating to Current Assets and placed in one group while all items relating to Current Liabilities are placed in another group‚ the comparison between the two groups will provide useful information. Actually
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1. Describe clearly the accounting changes Harnischfeger made in 1984 as stated in Note 2 of its financial statements. • Harnischfeger included net sales figure from Kobe Steel Ltd. Previously‚ only net gross margin generated from transactions with Kobe Steel Ltd was included. As a result‚ net sales figure increased by $28 million. • Harnischfeger incorporated certain foreign subsidiaries’ financial statements with fiscal year ending 31st July. The adjustment resulted in a net sales figure increase
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constant for over a decade‚ the Duckworth/Lewis (D/L) method‚ arguably the most statistically influential phenomenon in cricket. While the accuracy of the D/L method has been well analysed‚ the comparison of it to its best alternative has not been given as much attention. The Jayadevan (VJD) method‚ an alternative which has been over looked for the past 10 years by the International Cricket Council (ICC) has now come to the forefront as the D/L method has started to show weaknesses. An overview
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[pic] Basics of Economics Submitted to: Ms. Deepa Bhaskaran Submitted By: Sahil Bansal Venkat Batra Saurabh Satija Ravikant Gupta NANO CASE Q-1 Identify target market for nano ? Ans- The target market for nano would be The group of people that belongs th the lower-middle class
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For a democratic government to function properly it requires equality and justice. The government must be protective and aim to serve the people rather than take advantage of them. Not every government is democratic as there are dictatorships and monarchies in place. As stated by political theorist and Yale University professor Robert Dahl: “Democracy prevents a government from oppressing its citizens. There are multiple examples throughout history—and even in the present era—of rulers who have adopted
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I drew three different hands‚ looking at my own as an example. On each one I tried to find a different way I could angle my hand‚ or head to get different perspectives. I found this picture off of google images. The thing I was trying to do with this picture was almost give each side of the face a different expression. Looking at the face as a whole‚ this is most noticeable the eyes. I drew this picture based on some different shops and apartments in Hallowell. This projects was a right brain
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