Individual Financial Statements Paper ACC/290 Principles of Accounting Professor: Bruce Geddus January 8‚ 2014 Introduction to financial accounting and it ’s my turn to identify the four basic financial statements and to describe them as well. In this financial statement paper I will also be describing the four financial statements‚ discuss how the four financial statements are useful to internal users such as managers and employees. And last I will discuss
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QUESTION P3-22: Cross–sectional ratio analysis :- Use the Financial Statement below and on page 106 for Fox Manufacturing Company for the year ended December 31‚ 2012‚ along with the Industry average ratio below‚ to: a) Prepare and interpret a complete ratio analysis of the firm’s 2012 operations b) Summarize your findings and make recommendations. Based on the overall performance of Fox Manufacturing Company‚ it shows that the company should improve it debt financing
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12. Ratios Inputs RATIOS Items July 1‚ 2005 July 1‚ 2006 June 30‚ 2007 June 30‚ 2008 June 30‚ 2009 June 30‚ 2010 19.1% 3.2% 20.3% 2.6% 17.4% 20.3% 2.9% 18.7% 20.1% 2.9% 19.4% 20.1% 2.9% 18.6% 20.1% 2.8% 16.9% 9.9% 2.2% 8.5% 25.1% 48.5% 10.8% 3.3% 12.3% 36.0% 66.0% 11.3% 3.2% 12.1% 35.4% 62.1% 10.4% 3.7% 13.3% 39.3% 71.5% 9.4% 4.0% 13.4% 38.4% 79.4% 3.78 7.34 13.79 1.23 16.92 13.69 14.11 22.37 3.79
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Current Ratio * A liquidity ratio that measures a company’s ability to pay short term obligations. Current Ratio 2011 Current Assets Current Liabilities 35‚343‚809 35‚774‚652 =0.99 The ratio of 0.99: 1 means that for every ringgit of current liabilities‚ Hwa Tai has RM0.99 of current assets. Current Ratio 2010 Current Assets Current Liabilities 36‚746‚539 37‚634‚489 =0.98 * The ratio of 0.98 : 1 means that for every ringgit of current
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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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Financial Polynomials MAT 221: Introduction to Algebra Financial Polynomials Problem 90 on page 304 of the text book shares the steps and formula needed to square the binomial and multiplication for the Compounded semiannually. (Dugopolski‚ 2012) Using the formula provided‚ as well as the problems assigned‚ I will calculate the math to find the interest rate on an investment. This will help me in real life understand how to calculate interest on future savings. I will show all steps of the squaring
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understanding of factoring polynomials of degree greater than 2 (limited to polynomials of degree ≤ 5 with integral coefficients). a. Explain how long division of a polynomial expression by a binomial expression of the form x − a‚ a∈ I ‚ is related to synthetic division. b. Divide a polynomial expression by a binomial expression of the form x − a‚ a∈ I ‚ using long division or synthetic division. c. Explain the relationship between the linear factors of a polynomial expression and the zeros
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------------------------------------------------- Polynomial long division From Wikipedia‚ the free encyclopedia In algebra‚ polynomial long division is an algorithm for dividing a polynomial by another polynomial of the same or lower degree‚ a generalised version of the familiar arithmetic technique called long division. It can be done easily by hand‚ because it separates an otherwise complex division problem into smaller ones. Sometimes using a shorthand version called synthetic division is
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adding a number who’s value we don’t yet know. Term: A term is a number or a variable or the product of a number and a variable(s). An expression is two or more terms‚ with operations between all terms. Polynomial: Mathematical sentence with "many terms" (literal English translation of polynomial). Terms are separated by either a plus (+) or a minus (-) sign. There will always be one more term than there are plus (+) or minus (-) signs. Also‚ the number of terms will (generally speaking) be one higher
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(210‚55) is expressible in the form 210 ×5 + 55y‚ find y. POLYNOMIALS 1. Find a quadratic polynomial when the sum and product of zeros of the polynomial are given as 2 1 −3 1 a] ‚− b) ‚− c] 0 & -10/3 d] − 2 & 3 2 3 3 2 5 2. Find the zeroes of the polynomial‚ also verify the relationship between the zeros and its coefficients 1 1 c] t2 - 2 a] 4x2+5√2x–3 b] y2 – d] √3x2 – 11x + 6√3 y+ 2 16 3. If one of the zeroes of the quadratic polynomial f(x) = 4x2 – 8kx – 9 is negative of the other‚ find the value
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