FINANCIAL STATEMENTS ANALYSIS:3
FAUJI CEMENT BALANCE SHEET AND PROFIT AND LOSS ACCOUNT4
• Managerial finance is concerned with the duties of the financial manager in the business firm. • The financial manager actively manages the financial affairs of any type of business, whether private or public, large or small, profit-seeking or not-for-profit. • They are also more involved in developing corporate strategy and improving the firm’s competitive position.
FINANCIAL STATEMENTS ANALYSIS:
• Ratio analysis involves methods of calculating and interpreting financial ratios to assess a firm’s financial condition and performance. • It is of interest to shareholders, creditors, and the firm’s own management.
In the following assignment two companies from the Cement Industries which are registered in the Lahore Stock Exchange (LSE) is being taken for the ratio analysis. At first the financial ratios of the each company is calculated and is compared with the previous year of the respected company financial ratios data (2008-2009) while in second step the ratios for the year 2009 of the both company is compared and is then analyzed that which company is in better position than the other.
FAUJI CEMENT BALANCE SHEET AND PROFIT AND LOSS ACCOUNT
|Liquidity Ratios | | |2008 |2009 | |1 |Curr|= |Current Assets |2.15 | | |ent | | |...