FINANCIAL RATIOS LIQUIDITY RATIOS Current Ratio: = current assets / current liabilities ▪ The higher the ratio‚ the greater the "cushion" between current obligations and a firm ’s ability to meet them. ▪ Use: An indication of a company ’s ability to meet short-term debt obligations; the higher the ratio‚ the more liquid the company is. Current ratio is equal to current assets divided by current liabilities. If the current assets of a company are more than twice the current liabilities
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Financial sector reforms have long been regarded as an important part of the agenda for policy reform in developing countries. Traditionally‚ this was because they were expected to increase the efficiency of resource mobilization and allocation in the real economy which in turn was expected to generate higher rates of growth. More recently‚ they are also seen to be critical for macroeconomic stability. Developing countries can expect increasing scrutiny on this front by international financial institutions
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PHILIPPINE LONG DISTANCE TELEPHONE COMPANY AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS AS AT MARCH 31‚ 2013 (UNAUDITED) AND DECEMBER 31‚ 2012 (AUDITED) AND FOR THE THREE MONTHS ENDED MARCH 31‚ 2013 AND 2012 (UNAUDITED) F-1 PHILIPPINE LONG DISTANCE TELEPHONE COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (in million pesos‚ except par value per share amounts and number of shares) As at January 1‚ As at March 31‚ As at December 31‚ 2012 2012 2013
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International Technological University FINN 918 Financial Institutions Final Exam: Answers Textbook: Foundations of Financial Markets and Institutions‚ 4th Edition‚ Fabozzi‚ Modigliani‚ and Jones‚ Prentice Hall‚ 2010‚ | ISBN –13: 978-0-13613531-9 | ISBN –10: 0-13-613531-5 | 1. Indicate whether each of the following instruments trades in the money market or the capital market: a. General Motors Acceptance Corporation issues a financial instrument with four months to maturity. b
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Certificate of Secondary Education (Thanawia Amma) from Yehia Al Rafaei Language School‚ 1995. Experience (Current Occupation: Financial Controller Responsibilities: 1. Monthly Closing & Management reporting • Full responsibility for the Monthly closing (production reports ‚ Inventory and financial results) • Full responsibility for the monthly management reporting • Full responsibility for the monthly reporting package (both
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Countrywide Financial: The Subprime Meltdown 1. Are subprime loans an Unethical financial instrument‚ or are they ethical but misused in a way that created ethical issues? In my opinion I think subprime loans is an ethical in some ways but for the most part it’s got misused. One way that I think subprime was misused was the fact that when the economy began to slow down‚ people started working more and earning less money‚ subprime lending continued to lend to increasingly risky buyers. Another
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Financial Aspect Financial aspect plays a vital role in making feasibility study. Since all projects are considered viable only when they are expected to be profitable to meet short-term obligation‚ to be liquid and to remain liquid during adversities. This aspect shows the specified terms whether “taho and tokwa production” will be profitable even with so many existing competitors‚ unfavorable economic conditions and present detailed figures to show the improvement of the projects financial
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CHAPTER OUTLINE 8.1 8.2 8.3 8.4 8.5 * * Basic Concepts Future Value (or Maturity Value) Present Value Using Financial Calculators Other Applications of Compounding Equivalent Payment Streams Models of Financial Calculators Calculate maturity value‚ future value‚ and present value in compound interest applications‚ by both the algebraic method and the preprogrammed financial calculator method Calculate the maturity value of compound interest Guaranteed Investment Certificates (GICs) Calculate
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business and financial performance of Primark stores limited over the three year period 2007 to 2009. This report highlights more on the operations‚ strategy‚ business and financial performance of Primark stores limited. This is written in comparison to one of its competitors‚ BHS Limited. REASON FOR CHOOSING THIS TOPIC The reason why I have chosen this topic is that‚ as a student accountant‚ business and financial analysis is very important as it will widen my understanding of financial analysis of
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in all fields have recognized a need for a simpler set of financial reporting standards for small businesses‚ but regulators have not been willing to provide a second set of standards. Now‚ for the first time‚ there may be an answer for small firms desiring relief from the onerous reporting requirements of GAAP. The AICPA now recognizes the International Accounting Standards Board’s (IASB) recently released International Financial Reporting Standard for Small and MediumSized Entities (IFRS
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