The difference between financial report and financial statement Financial report means any report about monitory matters. In other words a financial report is about the transactions that have financial effects. To run a business financial reports play important role as relevant financial information is transmitted to relevant users inside and outside the entity to help them in making decisions. For example; bank statement‚ aged debtors analysis report etc. Some financial statements are prepared
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three main characteristics of accounting? Is accounting static or dynamic? Accounting collects‚ analyzes‚ measures and records financial information about an organization and reports that information to stakeholders and decision makers. Accounting has 3 essential characteristics. Accounting is the (1) identification‚ measurement‚ and communication of financial information about economic entities to interested persons. Like social sciences‚ accounting is largely a product of its environment
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7.0 Ratio Analysis Ratio analysis is the starting point in developing the information desired by the analyst. Ratio analysis provides only a single snapshot‚ the analysis being for one given point or period in time. In the ratio analysis‚ it is possible to define the company ratio with a standard one. I different ratio that can be classified as follows: ➢ Liquidity ratio ➢ Activity ratio ➢ Profitability ratio ➢ Debt-coverage ratio. 7.1 Liquidity ratio: A liquidity
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Gearing According to Atrill and McLaney (2008)‚ gearing can work on both directions‚ which means a higher gearing can bring more profit while a company with higher gearing is considered more risky because it has to pay the debts no matter how well/bad the company operates. The gearing of Greggs was 14.9% in 2010 and decreased 1.9% to 13.0% in 2011. Compared with Whitbread whose gearing was49.4%in 2010 and 50.4% in 2011‚ Greggs shows generally a better stability. Profitability ROCE shows how
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From the information above it shows that the current of ratio of Ford is 120 percent while the current ratio of GM is 89 percent. The current ratio measures the company’s ability to pay short term and long term obligations. As Ford has the higher current ratio over GM‚ it depicts that Ford is more capable of paying its obligations to the creditors. The quick ratio of Ford is 110 percent while GM has 73 percent. Quick ratio is an indicator of company’s short-term liquidity. As Ford has the higher
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Profitability ratios Return on caplital employed: Morison’s return on invested capital employed has declined from 11.7 to 10.58 (2008 to 2012). Compareatively Sainbury’s‚ Tesco’s and other grocery retailer‚ they all get decreased. Return on capital employed is an indication of the percentage of profit made on capital invested. Hence‚ a higher value of the ROCE‚ the better use of capital and vice versa with lover value. Morrison’s average ROCE from 2008 to 2012 is 10.5‚ higher than saintburry with
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(2004-2008) Course Title: Managing Financial Resources Course: MSc. Finance Date: 11th January 2010. TABLE OF CONTENT Executive Summary This report shows the analysis of the financial performance of Centrica Plc‚ one of the top energy business providers in UK. Based on my analysis from this report I can conclusively state that: Centrica Plc has an upper hand in the energy and gas market than it s competitor; Scottish Power. Centrica Plc’s turnover was very high in
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about NSU FINANCIAL AID in comparison with the best Universities of home and abroad” I believe Financial Aid is a versatile term. Normally as a student I am more familiar with the terms like merit scholarship on the basis of academic performances and stipend for needy meritorious students to support their parents/guardians to meet educational expenses. Any students gets merit scholarship he feels it’s an honor and also encourage to improve his academic performance further. Financial Aid system
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The way of Financial Capability is through financial literacy: Indian and Global Scenario Asst. Prof. Prajakta Joshi N-12‚ Maurya Vihar‚ Near Sahajanand Society‚ Kothrud‚ Pune -38 Email – prajakta32@yahoo.co.in Contact no. - 9371207428 The way of Financial Capability is through financial literacy: Indian and Global Scenario Abstract In every stage of life people face challenges to take certain financial decisions. Financial
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provided is complete and correct and I agree‚ if asked‚ to provide information that willverifo the accuracy of my completed form. I understand that if I purposely give false or misleading information‚ I may be fined‚ to jail‚ or both and my financial aid may be terminated. STUDENT SIGNATURE PARENT SIGNATURE (Required for
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