Executive Summary GAAP‚ generally accepted accounting principles‚ are the rules for preparing the financial statements. There are specialized professionals FASB‚ SEC‚ AAA‚ FEI‚ IMA‚ AIMR and others for developing GAAP. There are 13 principles for preparing Financial Statement. Business Entity Principle requires business to be separated from owner of the business. Going Concern principles requires the business to assume that the business will for long time. Revenue Recognition Principle considers
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ASSESSEMENT Unit: Unit 2 – Managing Financial Resources and Decisions Learning Hours: 60 Hours. Self-learning hours: 90 hours. Course: HND Business Term: Lecturer: Mrs. Verifier: Learners Name Registration Number Learners Declaration: I certify that the work submitted for this unit is my own: Signed: Hand out Date: Submission Date: The Following Sections to be completed by the assessor: Center Name: Center Number: Please
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Financial Statement Analysis Tools CHAPTER 4 After studying this chapter‚ you should be able to: 1. Describe the purpose of financial ratios and who uses them. 2. Define the five major categories of ratios (liquidity‚ efficiency‚ leverage‚ coverage‚ and profitability). 3. Calculate the common ratios for any firm by using income statement and balance sheet data. 4. Use financial ratios to assess a firm’s past performance‚ identify its current problems‚ and suggest strategies
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Comments on Trend Analysis As indicated earlier‚ the full year audited results for the period ended 31st March‚ 2009 were for a 15 months period. Hence‚ these are not comparable with the full year audited results for the year ended 31st March‚ 2010. However‚ on a memorandum basis‚ for comparative purposes‚ the audited results for year ended 31st March‚ 2010 along with the un-audited results for the 12 months period ended 31st March‚ 2009 are given below: * Net Sales for
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Meghna Oil Limited MJL Bangladesh Limited Items 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 Items 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 Lequidity Rarios Lequidity Rarios (1) Current Ratio 1.05 1.08 1.09 1.07 1.1 (1) Current Ratio 1.36 1.45 1.68 2.41 1.48 (2) Quick Ratio 0.54 0.75 0.58 0.77 0.86 (2) Quick Ratio 0.87 0.78 0.89 1.81 1.04 Operating Ratios Operating Ratios (3) Accounts Receivable Turnover Ratio 10.6 7.87 11.58 6.59 9.21 (3)
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Running head: FINANCIAL STATEMENT ANALYSIS PAPER Financial Statement Analysis Paper Principles of Accounting ACC/300 Mr. John Opincar June 24‚ 2009 Abstract Landry’s has become a successful company over the years because the customers enjoy the specialty items that they serve on their menu. It has become a company that we enjoy taking our families out to dinner‚ celebrating birthday parties and certain special events. However‚ this paper will complete the financial analysis for the reported
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s Google Financial Statement Analysis Table of Contents Introduction 3 Property and Equipment 4 Intangible Assets 5 Goodwill 6 Depreciation Methods 6 Impairment 7 Current Liabilities 7 Contingent Liabilities 7 Long-term Liabilities 8 Bonds Payable 8 Capital Leases 8 Works Cited 10 Introduction Google Inc. is an American multinational corporation that specializes in Internet-related services and products. It was founded on September 4‚ 1998 by Larry Page and Sergey
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National Bank was recognized by Dun & Bradstreet (2009) as the “ Top Public Sector Bank” under t including the category of “Priority Sector lending including Financial Inclusion.” Bank has also been conferred with the award by the institute for Development and Research in Banking Technology (IDRBT‚ 2008) for use of technology financial inclusion. Bank constantly innovates‚ reorients strategies and realigns business processes with advanced technology to serve the customers better and earn strong
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ECONOMICS AND MANAGEMENT CORPORATE FINANCE: PEPSICO Corporation ratio analysis Name: Nguemhe Ngouem Jacques Ludovic Chinese name: 罗维克 Student number: 220123833 Country: Cameroon PEPSICO Balance Sheet | | | View: Annual Data | Quarterly Data | in thousands | Period Ending | Dec 30‚ 2011 | Dec 24‚ 2010 | Dec 25‚ 2009 | | Assets | Current Assets | | Cash And Cash Equivalents | 4‚067‚000 | 5‚943‚000 | 3‚943‚000 | |
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difference between financial report and financial statement Financial report means any report about monitory matters. In other words a financial report is about the transactions that have financial effects. To run a business financial reports play important role as relevant financial information is transmitted to relevant users inside and outside the entity to help them in making decisions. For example; bank statement‚ aged debtors analysis report etc. Some financial statements are prepared on regular
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