"Management believes that the accounting estimates employed are appropriate and the resulting balances are reasonable; however, due to the inherent uncertainties in making estimates actual results could differ from the original estimates, requiring Continue Reading...
Another point of difficulty is that different firms may use different calendars when reporting. For example, the fiscal year at FedEx ends at the end of May, while at UPS the fiscal years ends at the end of December. This makes for a difficult comp Continue Reading...
Accounting and Finance Henkel AG is a multinational company focusing its brand and technologies in three business areas that include Beauty Care, Laundry & Home Care and Adhesive Technologies. Established in 1976, the company holds its global ma Continue Reading...
The industry average current ratio is 2.5 (MSN Moneycentral, 2009), so the Gap has less capacity to meet its current obligations than many of its peers. However, in the retail industry most firms have a large portion of their current assets tied up Continue Reading...
Financial Appraisal of Ryanair Ryanair's Financial Appraisal In this report we provide an elaborate financial appraisal of Ryanair for a naive investor with no financial expertise. The key conclusions of this report are: - Ryanair has a very stro Continue Reading...
Borders Group Day's Sales in Inventory Inventory Turnover Working Capital Current Ratio Cash Ratio Sales/WC OCF/current maturities Borders Group Debt Ratio OCF/Total Debt Borders Group Net Margin ROA ROE Gross Margin ROA and ROE are Continue Reading...
Ratio and Financial Analysis of Computron Ratio analysis is the overall numerical values of an organization collected from income statements and balance sheets of a company to evaluate its financial performances. Investors, creditors, and potential Continue Reading...
The first advantage is that it is easy. The math associated with the percentage of sales method is very simple to execute. The underlying premise of this method is that most of the items on the income statement and on the balance sheet will vary wit Continue Reading...
2009= (9,172,000 x365) / 63,729,000 2009= 52.53 2010= (9,211,000 x 365) / 63,398,000 2010=53.03 Trade Receivables Collection Period The ratio reveals how long a company is able to collect the funds from credit customers owed the business. Howe Continue Reading...
In this case, it was a $4.9 billion bank account. However, credit would have been granted against an asset like that. Finding such an account did not exist, banks would have wanted their money back, and Parmalat would not have had it. This would be Continue Reading...
Financial Performance: Caterpillar Caterpillar, the preeminent leader in the manufacture and supplier of earth moving equipment is the quintessential growth success story in the rapid economic globalization of the past three decades. Caterpillar's g Continue Reading...
Financial Analysis of Snead's Dry-Cleaning Ratios measure the strategy of highlighting the relationships of items in a company's financial statements. In essence, ratio analysis assists in monitoring and reviewing the strengths or weakness of a comp Continue Reading...
Financial Analysis There are some interesting dynamics with this case. First, Snead would not purchase this company for one penny more than the net present value of future cash flows. Second, the business cannot possibly be a sole proprietorship -- Continue Reading...
Financial Officer For most parts of history, government financial executives have been taken as scorekeepers, and made responsible for collecting, processing and reporting the financial information that used by elected officials and senior managers Continue Reading...
Accounting -- Financial Statement Analysis Comparison of gaming industry leader Ladbrokes PLC to William Hill PLC and then comparison of both those companies to the rest of the gaming industry reveals the burgeoning market of online/digital gaming. Continue Reading...
Financial Research Report: Home Depot For stakeholders and investors, financial analysis is of great importance as it enables them to evaluate and assess a company's performance and financial health from different perspectives. One of the important Continue Reading...
9. The financial statements give an accounting perspective on things, but do not take into consideration operational or market related issues. This is why it will give just a limited perspective on things. Elite Personal Training The business pro Continue Reading...
1. Donation, Grant, and Gift revenueThe organization will focus primarily in the Framingham, MA area. The population is roughly 72,208 and grows along the national average of 1% per year. 9% of Framingham residents have experienced some form of menta Continue Reading...
The forensic accounting done on Koss reveals the importance for a business's auditing firm's responsibilities. It also shows that an auditing firm is liable to face legal charges for failing to find a fraud in their accounting activities in a busine Continue Reading...
Delta Airlines CFO ProjectDelta is an established leader in the aviation industry due to its strong brand image that is complemented by numerous prestigious awards. The airlines commitment to innovation has played a critical role in its success since Continue Reading...
Running Head: Financial Management PlanFinancial Management Plan 9Financial Management PlanTable of ContentsPurpose 3Balance Sheet and Statement of Operations 4Operating Indicators 5Identification of Set Charges 5Working Capital 6Inventory 8Planning Continue Reading...
financial comparison of Pepsi and Coke. The comparison of the two companies is facilitated by the use of GAAP, which means that the financial statements of the two companies are constructed, broadly, according to consistent methodologies and criteri Continue Reading...
However, net income has more extraordinary items included, which means that for Kraft cash flow from operations is the more accurate of the two. I predict that Unilever will continue along its steady growth path. The company has grown slowly but st Continue Reading...
financial position of Aflac Inc. And its competitor MetLife Inc. Aflac, http://www.aflac.com/, is a Fortune 500 company founded by John, Paul and Bill Amos in 1955. Aflac insures more than 50 million people worldwide. At year end 2010, Aflac had ass Continue Reading...
Financial Activity Net profit ratio ROE ROA Working capital quick ratio A/R ratio inventory turnover debt ratio equity ratio These ratios indicate that the company has experienced superior performance in terms of revenue and profitability vs. Continue Reading...
financial analysis of Chevron from the perspective of a potential creditor. The issue surrounds primarily the creditworthiness of Chevron rather than the type of credit that would be issued. Specifically, the issue is whether "we" would lend Chevron Continue Reading...
. Some important ideas to keep in mind are that historical cost can be more reliable than fair value accounting (Flegm, 2008). As Laux and Leuz (2010) note, some have argued that fair value accounting was partly responsible for the great financial cr Continue Reading...
financial ratio analysis, a tool that shows how figures between the balance sheet and the income sheet are related. Ratios are used to appraise a company's past financial performance and its potential for the future. A company's financial statements Continue Reading...
There are several things I would want to know before lending money to anybody. One of these is the audited financial statements for the past three years. The reason I want to see the audited financial statements is because the auditing process ensure Continue Reading...
Financial Accounting for Management) Dell Inc. is considered to be a multinational technology business that is in the process of developing, manufacturing, sells, and supporting personal computers and other computer- associated products. Founded in Continue Reading...
Target 10-K Analysis The author of this report has been charged with the task of analyzing the most recent 10-K report for Target Corporation. As part of that analysis, the author will be assessing several data points in particular including the man Continue Reading...
Chapter 1: The Accounting Function in Microsoft Background of the Organization Microsoft Corporation is an American technology organization whose main center of operations are situated in Redmond, Washington. Founded by Paul Allen and Bill Gates in 1 Continue Reading...
auto industry is generally characterized by immense fixed costs, strong labor unions, strict regulation, tough competition, and volatile demand. There are times when even extremely strong car manufacturers find it difficult to overcome these forces. Continue Reading...
According to these analysts, "The implicit assumption underlying the price-to-earnings method is that the fair market value of the closely held business can be approximated from the market value of comparable publicly traded businesses. To implement Continue Reading...
Pension Plan GAASB Changes GAASB has implemented changes to Pension Plan reporting that go into effect on June 15, 2013 for Statement 67 and June 15, 2014 for Statement 68. This will affect the accounting and financial statement reporting of governm Continue Reading...
Financial SolvencyIntroductionThere are a number of different solvency methods and techniques that governments can use in order to stay afloat financially. One of the most popular and commonly used solvency methods is tax revenue. This is when the go Continue Reading...
Financial Research Report The company that I have selected to study is Tesla Motors. The reason for studying this company is that my investment advice practice has received a lot of calls about this company in particular. This is a company that has Continue Reading...
