QUESTION 1 i. Current Ratio = Current Assets/Current Liability = $ 14‚651‚000/$ 19‚639‚000 = 0.750 ii. Quick Ratio = (Current Assets – Inventory) / Current Liability = ($ 14‚651‚000 – $ 6‚136‚000) / $ 19‚539‚000 = 0.436 iii. Total Assets Turnover = Sales/Total Assets = $ 167‚310‚000/$ 108‚615‚000 = 1.540 iv. Inventory Turnover = COGS/Inventory = $ 117‚910‚000/$ 6‚136‚000 = 19.216 v. Receivable Turnover = Sales/Account Receivables = $ 167‚310‚000/$ 5‚473
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CORPORATE PROFILE Atlas Consolidated Mining and Development Corporation ("Atlas Mining") was incorporated in 1935 as “Masbate Consolidated Mining Company‚ Inc.”. In the 1980s‚ it was regarded as the third largest copper mine in the world and was processing 110‚000 copper ore a day. However‚ in the early 1990s‚ Atlas was forced to suspend its operations due to a typhoon that severely damaged its mines in Toledo. Atlas Mining now has only one (1) mill for operations. A major restructuring of the
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Blackberries in June The hardships that Jamie deals with in this story are intense. She tries her best to overcome all the obstacles thrown her way. Jamie deals with working remarkably hard‚ the negativity of her family‚ and trying to understand what’s best for her and Matt by working on their lake house and their future together. Jamie works tremendously hard at a cafe. She plans to take night classes after work‚ so she can work in a dentist office one day. The amount of work she does is more
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Lowe’s Ratio Analysis In the period from 1997-2001 Lowe’s showed a steady increase in working capital. It went from being $2110 million in 1997 to $4920 million in 2001. This shows the company had good amount of liquid assets to conduct and build its business. Lowe’s fixed assets went from $3005 million in 1997 to $8653 million in 2001. Total capital is found by taking working capital and adding it to fixed assets. Lowe’s total capital increased from $5219 million in 1997 to $13736 million in 2001
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Ratio Analysis Paper Before beginning an analysis of a company it is necessary to have a complete set of financial statements‚ preferably for the pas few years so that historical trends can be obtained. Ratios are a way for anyone to get an idea of the financial performance of a company by using the information contained in the financial statements. Ratios are grouped into four basic categories‚ liquidity‚ activity‚ profitability‚ and financial leverage. This document will use a variety of these
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Synopsis On “INVENTORY CONTROL MEASURES IN INVENTORY MANAGEMENT WITH REFERENCE TO EDUSYS GLOBAL Pvt.Ltd.” EXTERNAL GUIDE:- INTERNAL GUIDE:- Mr .Praveen S N Prof. Sandeep K .Rao (Asst. Manager- HR‚ Edusys Global Pvt. Ltd) SUBMITTED BY:- Utkarsh Srivastava 10BMC18063 Project Title
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“Berries” by Robin Kimmerer is a very detailed and very poetic way of writing. This writing starts with fruit‚ but the more you read the more meaning you find behind the name of these berries. This writing was a well thought out writing that while you read it all of the words start connecting and it starts making sense but at the beginning you feel like you are reading gibberish. This summary is about the true meaning of the word “Berries” and how you would never know how differently you could look
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found in the Nanna’s Frozen Berries that have been imported from China. The first few cases however‚ were initially reported on the 16th of February 2015 at 7:40am. How did this happen? (Causes) There are two possible causes on how the berries got contaminated. One way is that one of the workers in China who was handling the berries did not wash his hands properly‚ which resulted in the contamination of these fruit. Or that the water that is supplied for the berry plants could have been sewage
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Midterm Report: Kroger vs Safeway Industry and Company Background Kroger is the largest grocery store chain in the United States with 2424 supermarkets located in 31 states. It focuses on high quality products and has a wide range of selection. Each supermarket carries almost 50‚000 items to satisfy its ever growing diversified customer base. Safeway is the second largest superstore chain in the country. It operates 1641 stores across western and central region of North America. Safeway emphasizes
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Acai berries are a natural way to help you gain control of your appetite‚ lose the weight you need to lose and keep it off for good. Known as one of the super foods of the world‚ many are heralding the Acai berry as more than just super food but a modern day miracle-working food that does just about everything healthy you can imagine from boosting your libido to‚ you guessed it‚ helping you take off those unwanted pounds and keep them off. Even more fascinating is that sellers of Acai berries claim
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