HORIZONTAL ANALYSIS PETRON CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Amounts in Million Pesos) 2013 2012 2011 ASSETS Current Assets Cash and cash equivalents 211.55% 113.19% 100% Financial assets at fair value Through profit or loss 330.38%
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Financial Planning and Strategies – Group Project Objective of the document The report comprises financial advice for Gwen and Fred. You both are 26 and 25 years of age respectively‚ currently working and enjoy good health. You have sought my advice with an intention of protecting your financial future with an express view of secure financial situation during your retirement. An analysis of your current financial situation is undertaken and based on the information you have provided‚ advice
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transaction and information services. They conduct research‚ make investment recommendations‚ and conduct purchase and sale of securities. They reduce transaction and information costs: more efficient. Act as asset transformers: FI purchase financial claims issued by corporations and finance these purchases by selling financial claims to household investors. FIs are better at resolving the issues of information cost‚ price risk and liquidity risks FIs as delegated monitor and information provider
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There are many situations in which people feel a need for affiliation. One situation that causes a greater need for affiliation is during a stressful situation. An example where there was an increase in the need for affiliation among individuals was right after the September 11 terrorist attack on the World Trade Center. This event led to Americans putting their differences aside and coming together. The increase in an individual’s need for affiliation allowed individuals responding to the same stressor
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Availability of Information is a BUST In a perfect world‚ every single piece of information would be available for anyone and there would be no information asymmetry. But the world is not perfect. We talk all the time about how undeniably important it is to have accurate‚ timely and reliable information to use such and come into a decision be it financial or anything else. But what do we really have to make information available‚ accurate‚ timely and reliable? In this revolutionary era of modern
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Abstract To clearly define what social work is can be difficult due to the diversity of the profession. The reasons we need social work are a little easier to identify. Through examination of current literature‚ this paper examines what social work is and why we need social work Often when we meet someone new the first question they ask is “what do you do for a living?” This question of what we do appears to be something that‚ in many ways‚ defines
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business and financial performance of Primark stores limited over the three year period 2007 to 2009. This report highlights more on the operations‚ strategy‚ business and financial performance of Primark stores limited. This is written in comparison to one of its competitors‚ BHS Limited. REASON FOR CHOOSING THIS TOPIC The reason why I have chosen this topic is that‚ as a student accountant‚ business and financial analysis is very important as it will widen my understanding of financial analysis of
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Financial accounting is one kind of accounting different from the management accounting in the accounting system. As management accounting is for “internal” whereas financial accounting is for “external”. The following is a detailed explanation and analysis of the major objective and role of financial accounting. The purpose of financial accounting is to measure the performance of the entity and therefore provides the financial information to different stakeholders. Stakeholders will have their
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ACKNOWLEDGEMENT I am personally indebted to so many people that a complete acknowledgment would be encyclopedic. My sincere thanks and profound sense of gratitude goes to my respected Chairman‚ Hon’ble. Dr. Jeppiaar‚ M.A.‚ B.L.‚ Ph.D.‚ for all his efforts and administration in educating us in premiere institution. I take this opportunity to thank our Director. Dr. Babu Manoharan‚ M.A.‚ M.B.A.‚ Ph.D. I would like to express my gratitude to our Principal. Dr. Jolly Abraham‚ M.E.‚ M.I.E.‚ Ph.D.‚ and
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The Information technology industry‚ where nothing is predictable and constant change has become a usual trend‚ is now on its new phase of its evolution stages. According to Richard L. Nolan‚ MBA Class of 1942 Professor of Business Administration: “Information Technology is no longer being used as just a tactical resource‚ it’s now fundamentally influencing business strategy and competition” (http://www.alumni.hbs.edu/bulletin/1997/april/text/theory_text.html 04.02.06). This paper will examine and
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