Case 6‚ Financial Detective‚ 1996 NEWSPAPERS : 1) Centralized (Worlwide) - NEW YORK TIMES Fierce competition price depends on the market More efficient ° Higher inventory turn L ° Beta closed to 1.00 (worldwide) L 2) Decentralized (Midwest) - LEE ENTREPRISE Monoplolist price like you want ° Higher gross margin K ° Higher other assets (goodwill) K STEEL : 1) Big - INLAND ° Lower receivable turn O ° higher D/E (older‚ stable) O 2) Small - NUCOR
Premium Financial ratios Financial ratio Inventory
Case 6 The Financial Detective‚ 2005 Health Products Company A has a much higher ratio of Cash & Short Term Investments‚ Receivables‚ and Inventories (24.2%‚ 12.8%‚ 7.0%) as compared to Company B (16.1%‚ 8.1%‚ 5.4%) which is lower in every asset category ratio besides Intangibles and Investments & Advances‚ 46.1% to 22.2% and 3.1% to .1%. This proves that Company A has cash on hand from the sale of side divisions and that they have a large production facility. Company B is a more diverse company
Premium Balance sheet Asset Finance
History of Detective Fiction When I came to your class I had little knowledge of what detective fiction was‚ I knew it dealt with mystery‚ but never knew the real meaning of it. Thanks to you and your assignment‚ now I know. According to Wikipedia.org detective fiction is‚ "A branch of crime fiction that centers upon the investigation of a crime‚ usually by murder‚ by a detective‚ either professional or amateur". It is closely related to mystery fiction‚ but it is more of puzzle that must be
Premium Edgar Allan Poe Detective fiction
was 20 year old Tonald Drump‚ by being strangled to death. Detective Pepperoni was sent to find who made the crime. Tonald was targeted and harassed by many people for using testimonial evidence on people in the court for things they didn’t do. Tonald did not help or be nice to any people besides his family‚ and he had a bad personality trait of being rude‚ selfish‚ and lying‚ so it makes sense why people would want to kill him. Detective Pepperoni found some evidence from Tomald‚ it wasn’t much
Premium Murder Crime Serial killer
The Financial Detective‚ 2005 Financial characteristics of companies vary for many reasons. The two most prominent drivers are industry economics and firm strategy. Each industry has a financial norm around which companies within the industry tend to operate. Each company within industries has different financial characteristics and strategies which can produce striking differences in financial results for firms in the same industry. Health Products Industry Health Products are categorized
Premium Generally Accepted Accounting Principles Balance sheet Investment
For the exclusive use of S. YAN UV0072 Version 2.2 THE INVESTMENT DETECTIVE The essence of capital budgeting and resource allocation is a search for good investments in which to place the firm’s capital. The process can be simple when viewed in purely mechanical terms‚ but a number of subtle issues can obscure the best investment choices. The capital-budgeting analyst‚ therefore‚ is necessarily a detective who must winnow bad evidence from good. Much of the challenge is in knowing what quantitative
Premium Net present value Investment Free cash flow
The Financial Detective‚ 2005 Financial characteristics of companies vary both from industry to industry and within a single industry for a variety of reasons. The challenge for any company in planning its strategy is the consideration of the industry’s economics in conjunction with their own strategy to help the company’s financial statements remain strong and competitive across both lines. In this case‚ we are asked to use this consideration of strategies to determine which company description
Premium Financial ratios Balance sheet Inventory
INTRODUCTION The Financial Detective‚ 1996 is a case study that tests one’s financial analytical ability. Given the company’s description of its strategic and operating profile in a particular industry‚ the analysts should examine and match a particular set of common size financial data and ratios to a company’s description. In short‚ the financial practitioner must exercise due care in examining the details and fine prints of the company’s strategic and operating description‚ employing the lesson
Premium Balance sheet Financial ratios Inventory
[The Financial Detective 2005 Introduction Each industry is distinctive. One might be unique in its high fixed assets; other would be differentiated of its increasing intangible assets and many other financial footprints that each industry leaves on its balance sheet. Nonetheless‚ industries are distinguished furthermore; fingers of one hand are not the same as said. Businesses in the same industry can be characterized differently according to their strategic plan and capital structure. The following
Premium Balance sheet Generally Accepted Accounting Principles Income statement
Project 1.2.3: Bone Detectives Introduction When we think of bones‚ we most often think of the way in which these hard structures support the body‚ how they work with muscles to produce movement and how they protect our internal organs. But the 206 bones of the human skeleton can also tell a story. The specific structure of your bones reveals information about your gender‚ your height‚ your age and even your ethnicity. These biological clues are often the first pieces of evidence scientists
Premium Human skeleton Skeletal system Bone