Business One of the Most Essay

Open, View, and/or
Download this Document

Total Length: 1102 words ( 4 double-spaced pages)

Total Sources: 1+

Page 1 of 4

36 (for 2009) and 21.64 (for 2008). This was calculated by taking ($553 billion / $36.5 billion = 15.36) and ($420 billion / $19.4 billion = 21.64). NAB would have a debt to equity ratio of: 16.92 (for 2009) and 17.55 (for 2008). This number was calculated by taking ($616 billion / $37.8 billion = 16.92) and $639 billion / $36.4 billion = 17.55). The debt to total assets for Westpac would be: .37 (for 2009) and .42 (for 2008). This was calculated by taking ($133 billion + $90.4 billion / $589 billion = .37) and ($100 billion + $86 billion / $439 billion = .42) NAB has a debt to total assets ratio of: .97 (for 2009) and .97 (for 2008). This number was calculated by taking: $57.3 billion + $579.8 billion / $654 billion = .94) and ($68.6 billion + $593.4 / $676 billion = .97). The low reading from the debt to equity and debt to total assets ratio, is an indication that Westpac has more than enough assets to cover their short- and long-term obligations. Evidence of this can be seen with the debt levels remaining close to each other, despite a recession occurring during this time. (Westpac Group 2009 Annual Report 2010, pp. 69 -- 114) (2009 Full Year Results, pp. 3 -- 34)

What, in your opinion, are the significant changes between the two-year (2008 and 2009) and have these changes had a positive or negative impact on the operating activities for the company?

The significant changes are that Westpac has been: increasing their debt and maintaining their profit margins.

Stuck Writing Your "Business One of the Most" Essay?

View All Our Example Business One of the Most Essay

Have A Custom Example Essay Written

This has had a positive impact on the company, by improving their overall bottom line numbers, allowing them to take advantage of various opportunities.

How much debt has the company retired, how much additional borrowing has the company undertaken in 2009? Identify which financing activity had the greatest impact in the financing activities resulting for the company and why?

Westpac did not retire any debt during 2009. Instead they increased borrowing by $133 billion. The financing activity that would have greatest impact on the company's balance sheet is: the increases in deposits from $233 billion (in 2008) to $329 billion (in 2009). This would have the greatest impact on the company, by increasing their overall levels of debt. (Westpac Group 2009 Annual Report 2010, pp. 69 -- 114)

Has the company been expanding or contracting in the past 2-year? If so, what has been the emphasis or contraction strategy for this year and has that changed compared to the previous year? How and why has this emphasis impacted the company's investing activities?

The company has been in a slight contraction that has seen earning mildly decline. Their strategy for this year has been to improve the brand and reduce exposure to risky areas. This has impacted the company's investing activities, by making them more risk adverse. Where, they are asking customers a number of questions, to determine if.....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Business One Of The Most" (2010, October 05) Retrieved May 21, 2025, from
https://www.aceyourpaper.com/essays/business-one-most-8013

Latest MLA Format (8th edition)

Copy Reference
"Business One Of The Most" 05 October 2010. Web.21 May. 2025. <
https://www.aceyourpaper.com/essays/business-one-most-8013>

Latest Chicago Format (16th edition)

Copy Reference
"Business One Of The Most", 05 October 2010, Accessed.21 May. 2025,
https://www.aceyourpaper.com/essays/business-one-most-8013
   

Open, View, and/or
Download this Document
order custom essay example