Financial statements are essential accounting tools which include balance sheets‚ cash flow statements‚ and income statements that provide information on a company ’s past and present financial history. Information on financial statements can be used by any number of public and private entities to determine if an organization ’s financial status is healthy. Burger King and McDonald ’s are two organizations that use financial statements in conducting business. Further‚ this paper will discuss the
Premium Burger King Hamburger Fast food restaurant
Billabong Financial Review over 2012 & 2013 A. Current Ratio Part 1: ! ! ! ! ! ! Current ratio = Current assets Current liabilities 2012 Current ratio = 898.92 611.44 = $1.47 2013 Current ratio = 622.37 612.50 = $1.02 Part 2: The current ratio is a measure of a business’ liquidity‚ calculated by taking total current assets and dividing by total current liabilities. The 2013 current ratio for Billabong has dropped $0.45 since 2012. It is generally unwise for a business
Premium Generally Accepted Accounting Principles Income statement Balance sheet
Material Financial Statement Review What is the net income for the current fiscal year? Is it up or down from the prior year? Why would this information be important to investors? For FY15 the total consolidated income for Walmart is $17‚099 million. In FY14 Walmart recorded a loss from FY13‚ but is showing an increase with $16‚695 million in FY14 to FY15. Page 38 of the Annual Financial Report shows these figures along with many other figures. Investors look at the Annual Financial Report to
Premium Generally Accepted Accounting Principles Finance Balance sheet
November Story and November night‚ Edinburgh November Story and November night‚ Edinburgh are two poems that differ in several ways but are essentially similarly themed. Both poems are similar in the way that they use personification to emphasise the weather. Both poems use animal imagery and people to emphasise how bad the weather actually is. The poem November story‚ by Vernon Scanell is from the writer’s point of view and is about a man who is in the wincing cold and sees a man‚ “a victim of
Premium Poetry Atmospheric pressure Climate
Ottarkar ’s plc Review To Investors Subject: Ottarkar ’s plc Financial Performance Review (2004-2005) Ottakar ’s is one of the leading book retailers in the UK. It was founded in 1987 and listed on the London Stock Exchange in 1998. With its long experience in bookselling‚ Ottakar ’s tries to distinguish itself by offering extensive book ranges as well as excellent services to its customers across its 131 stores in England‚ Scotland and Wales. The company believes that it
Premium Financial ratios Financial ratio Generally Accepted Accounting Principles
Saunders et al. 2003‚ p.83 -The Research Process “Onion” • Having defined the research question and the overall research design for this study‚ the next • step is to discuss the design in more detail: the research philosophy‚ the research approach and • research strategies used. Much literature is available on research philosophies‚ approaches and • strategies. Saunders et al. (2003) define the socalled research process ‘onion’‚ consisting of • five different layers‚ as in Figure 2-3. Part 2
Premium Social sciences Scientific method Research
November poem analysis The poem I am going to be analyzing is called ‘November.’ This poem is about death. In the poem‚ the author Simon Armitage gives a clear message about what he thinks death is and how to deal with death. He also gives clear connection with the poem to the title‚ which makes the reader understand the poem better. In this essay I am going to include the following; the poets attitude to his subject‚ the poets descriptive skills‚ the language used‚ how the poem affects me‚ and
Free Death Old age Phrase
teacher‚ and injuring over twenty more students. The two troubled students then committed suicide. It is the fourth deadliest school massacre in United States history. The phrase “elephant in the room” is used as a metaphor to describe an obvious truth that goes unaddressed‚ or simply ignored. Everyone knows it is there‚ but no one will say what needs to be said‚ or acknowledge the problem that is in front of them. Gus Van Sant’s‚ Elephant‚ is a cinematic response to the 1999 Columbine High School
Premium Columbine High School massacre
BA/BA(Hons) Education and professional Development DIA0120 Introduction to Research and Academic Writing A Literature Review of the Development and Integration of 14-19 Vocational and Academic Pathways. Contents Abstract………………………………………………………………………...Page 3 History of 14-19 Education…………………………………………………..Page 4 Academic/Vocational Education and Funding…………………………….Page 5 -8 Teaching‚ Learning and Inspection.........................................................Page 9-11 Employer
Premium Higher education Vocational education Further education
Do financial statements tell the truth? Financial statements are often referred to as “reports”. As you scan the pages‚ you will find neat columns of precise numbers. Financial statements look objective. Looks can be deceiving. The questions that financial statements are intended to address do not have objectively true answers. Suppose a firm builds a factory‚ with custom-built machinery designed to specifically to produce the firm’s product. That factory would become an asset on the left-hand
Premium Balance sheet Asset Depreciation