Topics: Evaluation, Ratio, Ratios Pages: 1 (262 words) Published: April 6, 2013
Performance is the accomplishment of a given task measured against preset known standards of accuracy, completeness, cost, and speed. In a contract, performance is deemed to be the fulfillment of an obligation, in a manner that releases the performer from all liabilities under the contract. Performance is often considered as measurement of effectiveness of any company. Success in business depends first on an organization’s ability to analyze its financial standing and take essential corrective steps if needed. By carefully analyzing financial performance, an organization can identify opportunities and make adjustments to improve performance at the department, unit, or organizational level. The main topic of this report is evaluating the performance of the specific BEXTEX Company Limited based on ratio analysis which is a tool used by individuals to conduct a quantitative analysis of information in a company's financial statements.

Ratios are calculated from current year numbers and are then compared to previous years, other companies, the industry, or even the economy to judge the performance of the company. Ratio analysis is predominately used by proponents of fundamental analysis.

1.2 Origin of the Report:
As a part of our “Managerial Finance” course of our BBA program, we were assigned to prepare an analytical report titled as “Performance evaluation of Bextex Limited based on ratio analysis”. We are glad that we got a scope to relate our classroom learning with real life exercise. We sincerely hope that, the report regarding Ratio Analysis for evaluating performance of manufacturing firm will exceed the level of the expectation of honorable course Instructor Muhammad Enamul Haque.
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