Ratio analysis provides an indication of a company’s liquidity‚ gearing and solvency. But ratios do not provide answers; they are merely a guide for management and others to the areas of a company’s weaknesses and strengths (Palat 1999). However‚ ratio analysis is difficult and there are many limitations. This section will identify and discuss the inadequacies of accounting ratios as tools of financial analysis. ACCOUNTING POLICIES. It is difficult to use ratios to compare companies‚ because they
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Wal-Mart and Target are similar and different in many ways. Wal-Mart has better prices than Target‚ Wal-Mart’s and Target’s products are about the same but Target is better‚ and Target has a better atmosphere than Wal-Mart. Wal-Mart and Target have similar products but Target products are better than Wal-Mart’s. Wal-Mart as a better selection in fresh produce such as vegetables than Target does. Both of these stores have about the same selection in frozen products and household products. Target has a
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Strategy final project Target vs. Kmart Shai Zamir Dan Saguy Introduction Kmart Corporation‚ incorporated in May 1916‚ is a chain of discount retail stores and a general merchandise retailer‚ headquartered in the United States‚ with store locations in all 50 states‚ as well as Puerto Rico. Kmart went through significant changes in the last 10 years: In 2002 a scandal similar to that of Enron‚ Kmart’s management was accused of misleading information. In 2003‚ after filing for chapter 11
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financial statements and ratios are good indicators of its performance over the years. This report specifically compares the ratios for 2004 and 2005‚ with some additional insight into 2003‚ 2002‚ and 2001. The current ratio has increased by 0.0534 from 0.9900 to 1.434. As the current ratio is a measure of liquidity and ability to meet short-term debt requirements‚ BP was more able to meet their short term debt obligations in 2005 than 2004. From 2001 to 2003 the current ratios were 1.0767‚ 0.9733‚
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activities activities where competitive strategies can be applied primary vs secondary Porters competitive forces model view of firm‚ competitors and environment Traditional Competitors New Market Entrants Substitute products and services Customers Suppliers Analyze Amazon and Walmart.com using the value chain and competitive forces model Amazon Activity Example Secondary Activity Administrative‚ finance infrastructure Legal‚ accounting‚ financial management HR Management Personnel‚ lay recruitment‚ training
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Ratio Analysis Ratio analysis is one of the techniques of financial analysis where ratios are used as a yardstick for evaluating the financial condition and performance of a firm. Analysis and interpretation of various accounting ratios gives skilled and experienced analyst a better understanding of the financial condition and performance of the firm than what he could have obtained only through a perusal of financial statements. Types of ratio’s 1. Profitability ratio 2. Leverage ratio
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Wal-Mart Stores (WMT) Founders Facts and Trivia: On May 9‚ 1950‚ Sam Walton opened up Walton ’s 5&10 in Bentonville‚ Arkansas. The first store with the Wal-Mart name was opened in 1962 in Rogers‚ AR‚ financed 95% by Sam Walton himself. Wal-Mart ’s Headquarters: The corporate headquarters of the world ’s largest retail company‚ Wal-Mart‚ are located in Bentonville‚ AR‚ where founder Sam Walton started it all. The Mission Statement and Purpose of Wal-Mart (WMT) Wal-Mart ’s advertised
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the subject‚ the most appropriate studies have been reviewed.Dr. Promod Kumar published a book in 1991 “Analysis of financial statement of Indian Industries” The study covered the 17 private sector‚ 5 state owned public sector and 1 central public sector companies. He studied analysis of activities‚ assessment of profitability‚ return on capital investment‚ analysis of financial structure‚ analysis of fixed assets and working capital. In his research he revealed various problems of industries and suggested
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DECLARATION I here by declare that this project entitled “ A STUDY REPORTON RATIO ANALYSIS IN BHARAT HEAVY PLATES AND VESSELS OF VISAKHAPATNAM ” submitted me to the Dr. LankapaliBullayya Degree and P.G College ( Affiliated to Andhra University ) Visakhapatnam is a bonafied work carried on by me is original and not submitted to any other University or Institution for the award of any degree certificate or published any time before
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Financial Statements: iv. Analyzing Company Accounts v. Ratio Analysis II. MANAGEMENT ACCOUNTING 3 i. The Objectives of Management Accounting: ii. Scope of Management Accounting: iii. Functions of Management Accounting: iv. Advantages of Management Accounting: v. Limitations of Management Accounting: vi. Tools and Techniques: III. INTRODUCTION TO FINANCIAL RATIOS 8 i. Financial Ratio Analysis: ii. Users of Accounting Information: IV. DESCRIPTION AND DETAIL OF THE
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