fluctuation appeared. Ratio analysis Year/ratio 2011 2012 2013 Industry average Current ratio 0.90 0.77 0.82 Quick ratio 0.78 0.65 0.70 Gross profit ratio 55.6 51.7 54.6 Receivable turnover ratio 13.59 13.95 12.49 Inventory turnover ratio 18.45 19.25 19.51 Net profit ratio 1.74 -1.64 0.03 Debt to equity ratio 0.89 0.92 0.88 Asset turnover ratio 0.70 0.71 0.77 Current ratio is always larger than quick ratio‚ it may because that inventory
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Memo Paper This essay is on how one would go about writing a formal memo. You must start with the date‚ to‚ from‚ and topic at the left hand side of the paper. Then‚ one must go on about writing the introduction paragraph followed by three body paragraphs and finally‚ the conclusion to wrap everything up. The final statement should be thanking the reader for reading your memo. This essay is on how one would go about writing a formal memo. You must start with the date‚ to‚ from‚ and topic at the
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Financial Results FIN/571 July 22‚ 2013 Interpreting Financial Results Liquidity: Current Ratio Parrino‚ Kidwell‚ & Bates (2012) detail the current ratio as current assets divided by liabilities. The current ratio identifies a firm’s potential to pay short-term liabilities; higher liquidity is a good sign for potential creditors (Parrino et al.‚ 2012). At the same time‚ however‚ the current ratio should not greatly exceed benchmarks of other competitors (Parrino et al.‚ 2012). This could be
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Accounting Memo Irene Emond BCOM/230 July 14‚ 2014 Jay Johnson Accounting Memo When creating a memo‚ the first thing to do is to know and identify your purpose and your audience. Failing to know your audience can result in misinterpretation‚ needing more clarification or being altogether ignored. Considering your audience is a must‚ as it falls under the same category as knowing the purpose of your memo. Upon reviewing the given example‚ I would suggest using the commonly accepted format. The first
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\The purpose of this memo is to address how impressive McDonald’s sustainability strategy‚ initiatives‚ and related outcomes are. From humble beginnings in 1954‚ McDonald’s is one of the world’s leading food service retailers. Their history shows they have embarked their journey towards a more sustainable business for more than three decades‚ starting in 1980 by disclosing nutrition information in their restaurants. Now‚ McDonald’s is “on a journey together for good; good food and sourcing served
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Reflective Memo The Course Looking back on the course as a whole‚ I have learned how to effectively analyze my audience and distinguish and adapt my writing for that audience. I learned different ways to make technical documents look appealing to readers while also using graphics ad white space to effectively show the words of the documents. I learned how to work better in a team setting as well as improved my individual writing. My sentence structure and effectiveness has definitely improved over
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Laboratory 4: Analysis of Color in Foods 1. Introduction: The purpose of this experiment is to use various forms of color analysis to evaluate the quality of commercial food samples. Color and appearance of foods is an important criterion that consumers consider when buying foods and contributes to the overall quality of a product. One way to visually perceive color is through the Munsell system. This widely used visual color-ordering system sorts the visual system into three parts: hue
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indicator of the cost of using those buildings and equipment? Compare that situation to a company with new buildings and equipment where there will be large amounts of depreciation expense. The remainder of our explanation of financial ratios and financial statement analysis will use information from the following income statement: Example Corporation Income Statement For the year ended December 31‚ 2011 | | Sales (all on credit) | $500‚000 | Cost of Goods Sold | 380‚000 | | Gross
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ON RATIO ANALYSIS AT ZEUS SOLUTIONS‚ CHENNAI BY K.ILAYABHARATHI (Reg.No-212411631013) Of SREE SASTHA INSTITUTE OF ENGINEERING AND TECHNOLOGY SUMMER PROJECT Submitted to the FACULTY OF MANAGEMENT STUDIES In partial fulfillment of the requirements For the award of the degree Of MASTER OF BUSINESS ADMINISTRATIONIN HUMAN RESOURCE ANNA UNIVERSITY CHENNAI-600 025 JULY 2012 BONAFIDE CERTIFICATE This is to certify that this Project report titled A STUDY ON RATIO ANALYSIS AT
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Basics of Insurance Meaning of Insurance Insurance provides financial protection against a loss arising out of happening of an uncertain event. A person can avail this protection by paying premium to an insurance company. A pool is created through contributions made by persons seeking to protect themselves from common risk. Premium is collected by insurance companies which also act as trustee to the pool. Any loss to the insured in case of happening of an uncertain event is paid out of this
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