Accounting and financial statement • Business going concern- dobry interes = IT WILL CONTINUE INTO THE FUTURE Current market value of its fixed assets is irrelevant‚ they’re not for sale. Fixed assets-środki trwałe. • NET BOOK VALUE->>Historical cost accounting = assets at original purchase price –accumulated depreciation charges. WARTOŚĆ KSIĘGOWA NETTO historyczna kalkulacja kosztów = aktywa w oryginalnej cenie zakupu-zgromadzone odpisy amortyzacyjne
Premium Generally Accepted Accounting Principles Balance sheet
Abstract In this paper I will identify the four basic financial statements‚ discuss how they are interrelated with each other‚ and why they are useful to managers‚ investors‚ creditors‚ and employees. BALANCE SHEET A balance sheet provides detailed information about a company’s assets‚ liabilities and shareholders’ equity. Assets are things that a company owns that have value. This usually means they can either be sold or used by the company to make products or provide services that can be
Premium Income statement Financial statements Generally Accepted Accounting Principles
Comparison of Financial Performance In comparing the 3 Major Financial Institutions‚ there are problems associated with the size effect. Ratio analysis are not bias to the size of the underlying equity‚ assets or liabilities‚ but comparative change relative to each of their figures as well as contrasting percentage change in growth or decline from previous years. In comparing the institutions ability to generate profits for investors‚ the Return on Equity (ROE) is particularly strong for Commonwealth
Premium Ratio Income Investment
Financial Statement: A Summary report which quantitatively describes the financial health of a company Purpose of financial Statement: The objective of financial statements is to provide information about the financial position‚ performance and changes in financial position of an enterprise to the shareholders and lenders. it is useful to a wide range of users in making economic decisions. Components of Financial Statement: Profit & Loss Statement / Income Statement Retained earnings
Premium Generally Accepted Accounting Principles Depreciation Balance sheet
A. Ratios are used to standardize numbers‚ facilitate comparisons‚ and highlight both weaknesses and strengths. In addition‚ ratios are important profit tools in financial analysis that help financial managers implement plans that improve profitability‚ liquidity‚ financial structure‚ reordering‚ leverage‚ and interest coverage. Managers use ratios to help them effectively run the business. Creditors use ratios for risk analysis. Equity investors use the ratios for stock valuation and to
Premium Balance sheet Asset Generally Accepted Accounting Principles
FINAL PAPER: Axia College HHS 265 Analyzing Financial Statements Part I Using Appendix B‚ calculate the following ratios: Current ratio Year 2002 2003 2004 Current ratio 104‚296÷139‚017 = 0.75 82‚058 ÷ 93‚975 = 0.87 302‚902÷337‚033 = 0.90 Long-term solvency ratio Year 2002 2003 2004 Long-term solvency ratio 391‚270÷310‚246 = 1.26 359‚863÷259‚979 = 1.38 699‚004÷338‚937 = 2.06 Contribution ratio Year 2002 2003 2004 Contribution ratio 617‚169÷1‚165‚065 = 0
Premium Cost Costs Budgets
Time Worn Tradition:A Comparison of Values in Eudora Welty ’s "A Worn Path" and Shirley Jackson ’s "The Lottery"Families and society pass on traditions as a way of spreading certain knowledge or ways of life from generation to generation. People often consider traditions to be ancient‚ and therefore of the highest integrity and moral meaning. But what do you do when these traditions seem to fall short over time? It is the responsibility of every individual to choose for themselves what ways of life
Premium Short story English-language films Sociology
ASSESSING FINANCIAL STATEMENTS 1 Assessing Financial Statements Kimberly Adcock ACC/230 December 4‚ 201\4 Cynthia Kacmar ASSESSING FINANCIAL STATEMENTS 2 The company that I have chosen to
Premium Generally Accepted Accounting Principles Revenue
Final Project: Analyzing Financial Statements By: Whitney Allen (Current ratio‚ long-term solvency ratio‚ contribution ratio‚ programs/expense ratio‚ general and management/expense ratio‚ and revenue/expense ratio for the years 2003 and 2004.) * Current Ratio 2003 2004 * Long-Term Solvency Ratio 2003 2004 * Contribution Ratio 2003 2004 * Programs/Expense Ratio 2003 1.0 2004 1.11 * Management/Expense Ratio 2003 2004 * Revenue/Expense
Premium Costs Cost Variable cost
Resource: Appendix A Review the financial statements in Appendix D. Calculate the following: Current ratio‚ long-term solvency ratio‚ contribution ratio‚ programs and expense ratio‚ general and management and expense ratio‚ fund-raising and expense ratio‚ and revenue and expense ratio for the years 2003 and 2004. Include the current ratio‚ long-term solvency ratio‚ contribution ratio‚ programs and expense ratio‚ general and management and expense ratio‚ fund-raising and expense ratio
Premium Costs Variable cost Cost