1) Current Ratio The ratio is mainly used to give an idea of the company’s ability to pay back its short-term liabilities (debt and payables) with its short-term assets (cash‚ inventory‚ receivables). The higher the current ratio‚ the more capable the company is of paying its obligations. 2) Quick Ratio An indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet its short-term obligations with its most liquid assets. For this reason‚ the ratio excludes inventories
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FINANCIAL RATIO ANALYSIS Based on the table 1‚ it shows that the financial ratio was divided into four parts which are liquidity‚ assets management‚ long-term debt paying ability and profitability. Liquidity ratios are particularly interesting to short-term creditors and it is focus on current assets and current liability. In addition‚ General Thumb of rule for the current ratio should be at least 2:1. For the Gemini Electronic the current ratio is consistent and it is increase in year 2006. But
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The current ratio is calculated as current assets divided by current liabilities. The current ratio for the Coca-Cola Company in 2008 was 0.93 (12‚176/12‚988) and for 2009 it was 1.28 (17‚551/13‚721). For every dollar of current liabilities in 2009‚ Coca-Cola has $1.28 of current assets. The ratio indicates that Coca-Cola has enough assets to cover its debts. From 2008 to 2009‚ the company had a large increase in cash‚ which increased their current assets. They also had a similar increase in the
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BU7702 ASSIGNMENT2 Introduction: This report explains about marketing concept‚ its important and critically evaluates the nature‚ role and vale of marketing activities of Primark retail store. Marketing concept is an ever learning and never ending concept. Marketing plays a vital role in any organization’s success. The concept of marketing is being redefined all the time. In early days people used to think the function of marketing is nothing but the establishment of contact between the seller
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costs are lower. For example‚ Primark work with a variety of manufacturers from around the world to provide consumers with what they want. In this report‚ we are proposing a £1 million investment to expand Primark’s retail operations into the France market. This expansion involves establishing retail store in key location across France‚ building distribution Centre‚ introducing online retail platforms. COMPANY DESCRIPTION Brief description of the Company PRIMARK is a leading retail and one of
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Primark is a very large‚ popular retailer with stores not only in the UK but all over the world. It has a total of 262 stores‚ most of them in the UK. Its very sucesssful.The prices are very cheap because the clothes are low quality of the products. Primark sell different products like women clothing‚ men clothing‚ shoes‚ accessories‚ baby clothing‚ children clothing‚ underwear‚ swimwear and nightwear. The store I am using as my example of a large retailer is located in the heart of Liverpool. Primark
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INTRODUCTION Primark is a subsidiary company of the ABF (Associated British Foods) Group. The company launched in 1969 in Ireland trading as Penny’s. By 2000‚ there were over 100 Primark stores across Britain and Ireland. By 2012 Primark had 238 branches across the UK‚ Ireland and Europe. In June 1969‚ the first Penneys store opened in Mary Street‚ Dublin. Within a year‚ four more stores were added – all in the Greater Dublin area. In 1971‚ the first large store outside Dublin was opened in
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A critical analysis of Primark AREA OF STUDY Primark is a company which sells clothing‚ accessory‚ shoes and home products. Its first store opened in Dublin in 1969 and expanded significantly in the later years. In 1973‚ Primark moved into Great Britain and now have 152 stores in the UK (Primark company website‚ 2010). Primark as one of the important clothing retailers in the UK‚ overtaking Asda and became the NO1 low price retailer in 2009 (Hall‚ 2009). Children clothing are become more and
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Q) Primark‚ one of the UK’s most popular retailers of budget clothing‚ has been rated the country’s “least ethical retailer”. With reference to Primark or any business you have studied‚ to what extent does a company’s ethical stance determines its long term success? = In recent years‚ changes in consumer concerns have led many firms to consider the ethical behaviour. Not everyone agrees on what’s ethical‚ but opinions differ on whether it is unethical or not. Primark has been considered as the “least
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Primark Retail 1. Introduction of Primark. Background Our research purpose Primark‚ which was build up in Ireland‚ is one of the fast fashion leaders in the UK retail market. The all 181 stores spread over Ireland‚ Spain‚ and the UK. The competitive advantage of the group is producing volume clothes and selling them in cheap price. Primark sell different catalogue product‚ women clothing‚ men clothing‚ shoes‚ accessories‚ baby clothing‚ children clothing‚ underwear‚ swimwear and nightwear
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