Financial Reporting and Analysis Mark Hendricks Financial Mathematics University of Chicago September 2011 Outline Financial Reporting Financial Analysis Hendricks‚ Financial Reporting and Analysis UChicago Financial Mathematics 2/55 Financial reporting Financial reporting is important for well-functioning markets. Investors need information to properly allocate capital and hedge risk. Regulators need good information to monitor fraudulently activity and systemic
Premium Economics Finance Investment
The Role of Financial Ratios Table of content Introduction 3 Chapter 1. Notion and types of ratios. 4 1.1 Liquidity ratios. 5 1.2 Financial leverage ratios 7 1.3 Funds management ratios 9 1.4 Profitability ratios 12 Chapter 2. Use of financial ratios. 15 2.1Use and Limitations of Financial Ratios 15 2.2 Used financial data 15 2.3 Financial ratios calculated for The Apple Company 16 2.4 The Dupont Model 18 Appendix 1 21 Conclusion 23 Bibliography 24 Introduction I have chosen
Premium Financial ratios Generally Accepted Accounting Principles Financial ratio
Running Head: PERFORMANCE APPRAISAL 1 Debra L. Immel HCA 311 Human Resources Management Performance Appraisal Assignment Instructor: Volante Henderson July 29‚ 2013 PERFORMANCE APPRAISAL 2 Performance Appraisal Assignment Performance appraisals can increase employee performance and improve the work environment.
Premium Employment Management Performance appraisal
Old Exam Packet – Acct 284 Fall 2009 Exam 1 – Fall 2008 Investing activities: a. involve day to day events like selling goods and services‚ which occur when running a business. b. involve the buying or selling of land‚ buildings‚ equipment‚ and other longer-term investments. c. only involve financial exchanges. d. All of these. Accumulated depreciation: a. is an expense account. b. is a liability account. c. is a regular asset account. d. is an asset contra-account.
Premium Balance sheet Generally Accepted Accounting Principles Revenue
been to mandate nurse staffing ratios. In 1999 California became the first state to mandate minimum nurse-to-patient ratios in hospitals. California is not the only state to enact minimum nurse staffing ratios for hospitals‚ over the past four years at least eighteen other states have considered legislation regarding nurse staffing in hospitals. Policymakers are forced to consider alternatives to nurses ratios due to nurse shortages. Whether minimum staffing ratios will improve working conditions
Premium Nursing Health care Hospital
Ratio Analysis and Statement of Cash Flows Paper Operating Profitability When looking at the operating profitability of Collegiate Funding Service and H&R Block we will be comparing the 2004 and 2005 financial statements. In 2005 H&R Block made total revenue of $4‚420‚019. In 2004‚ H&R Block made total revenue of $4‚247‚880. Looking over the past couple of years it seems that H&R Block ’s revenue continues to increase each year. The majority of the revenue comes from H&R Block ’s tax services
Premium Balance sheet Asset Generally Accepted Accounting Principles
The major profitability ratios are: 1.1.1.1 RETURN ON CAPITAL: Describes the earning capacity of the enterprise and it is measured by the following ratio: Profit before interest and taxation Average operating Assets The Return On Capital ratio measures how well the average operating assets (assets such as debtors‚ cash‚ fixed assets‚ stock) are generating the company s income‚ and is indicative of the management techniques applied by the company to utilise its assets
Premium Financial ratios Generally Accepted Accounting Principles Inventory
Receivables Turnover Estee Lauder – 7795.8/(746.2+853.3)/2 = 9.75 L’Oreal – 19495.8/(2685.3+2442.3)/2 = 7.6 Coverage Debt to Total Assets Estee Lauder – 1572.2+1798/5335.6 = 63.2% L’Oreal – 2596.6+6582.1/24044.5 = 38.2% Cash Debt Coverage Ratio Estee Lauder – 956.7/(3370.2+3512.6)/2 = 27.8% L’Oreal – 3303.6/(9178.7+9693.1)/2 = 35% Profitability measure a company’s ability to generate profits. The Return on Investment for Estee Lauder is larger than L’Oreal’s‚ meaning Estee Lauder is
Premium Investment Asset Balance sheet
Depression Paper Kenda Pollick PSY/270 Richard Ferguson March 9‚ 2010 Depression Paper Unipolar depression and bipolar disorder are two common mood disorders. The emotions that make these two disorders classify as mood disorders are depression and mania. Depression is a mood that makes a person feel sad and low and makes life seem overwhelming and challenging. Mania‚ however‚ is the opposite. Mania is a state of emotion where a person feels an abnormally elevated
Premium Bipolar disorder Major depressive disorder Suicide
Defining Key Ratios: http://www.equitymaster.com/detail.asp?date=01/05/2010&story=3&title=Investing-Back-to-basics-XXI * Net interest margin (NIM) * Operating profit margin (OPM) * Cost to income ratio * Other income to total income ratio Net interest margin (NIM): Just as we calculate and measure performances of non-financial companies on the basis of their operating performance (EBITDA margins)‚ the performance of banks is largely dependent on the NIM for the year. The difference
Premium Financial ratios Generally Accepted Accounting Principles