P1-5 A) The front desk receptionist routinely takes an extra 20 minutes of lunch to run personal errands. Agency Problem: she took an extra 20 minutes to do her personal errands instead of working, which she puts her own self interests before the best interests of the company. Occurred cost: the salary that the company pays to her. The solution would depend on the boss on her work performance in the past. If she has an important personal errand to do during that time, then boss might need to talk to her and explain the solution for her. This problem can be final dealt by clocking-in and clocking-out even time for lunch hours. B) Division managers are padding cost estimates so as to show short-term efficiency gains when the …show more content…
|Ratio |Actual 2007 |Actual 2008 |Actual |Industry average | | | | |2009 |2009 | |Current ratio |1.7 |1.8 |2.48 |1.5 | |Quick ratio |1.0 |0.9 |1.35 |1.2 | |Inventory turnover (times) |5.2 |5.0 |5.29 |10.2 | |Average collection period |50.7 days |55.8 days |57.9 days |46 days | |Total asset turnover (time) |1.5 |1.5 |1.6 |2.0 | |Debt ratio |45.8% |54.3% |57% |24.5% | |Time interest earned ratio |2.2 |1.9 |1.6 |2.5 | |Gross profit margin |27.5% |28.0% |27.0% |26.0% | |Net profit margin |1.1% |1.0% |0.65%
The following financial report provides an analysis of the financial ratios of David Jones with its close competitor in the retail sector, Myer. The financial ratios analyzed include profitability ratios, leverage ratios, efficiency ratios and market ratios for the two companies. The analysis utilizes individual company time-series analysis as well as industry cross-sectional analysis with the aim of determining the competitiveness of David Jones relative to its close competitor Myer.
24-In a café the server developed a routine to set the table wares napkins while also taking lunch break the health inspector---
A). Lack of Teamwork and Conflict resoultion: In relation to the case, many of the recently hires employees are not including and not trusting/age discriminating Mr. Hill. Although, there were more older employees who were upset, Mr. Hill was the one who had a massive reduction in hours. He is now going to the HR Director and Executive Director. He should have approached them earlier with the problem. (Chapter 4)
g) evidence is available from internal reporting that indicates that the economic performance of an
In a time, full of child labor and cruel treatment, an opportunity to live better appears, and one thirteen-year-old should seize it. Lyddie, by Katherine Paterson, is about a thirteen-year-old farm girl named Lyddie who is in 1800s Vermont. She and her brother are sold to work to pay her farm’s debts. Lyddie goes to Massachusetts to work at the mills and looms, where she is treated unfairly. One day, she hears about a petition circulating for better working conditions and is torn on signing it.
The following report is a brief comparative analysis of two of Australia’s largest deposit-taking financial institutions (FI), Australia and New Zealand Banking Group Ltd. (ANZ) and Westpac Banking Corporation (Westpac). This report seeks to identify which of the FIs has a greater aggregate return per dollar of equity and thus establish the highest performer, or most profitable, of the two. The Return on Equity Model (ROE) (Koch & MacDonald,
Ratio analysis is a very useful tool when it comes to understanding the performance of the company. It highlights the strengths and the weaknesses of the company and pinpoints to the mangers and their subordinates as to which area of the company requires their attention be it prompt or gradual. The return on shareholder’s fund gives an estimate of the amount of profit available to be shared amongst the ordinary shareholders; where as the return on capital employed measures an organization 's profitability and the productivity with which its capital is utilized. Return on total assets is a profitability ratio that measures the net income created by total assets amid a period.
Looking forward, Lowe’s plans include expansion, with more than 100 store openings in line until the year 2004. Although it was not explicitly stated that it will continue to expand until 2006, the analysts assumed the contrary, that is a continuous expansion in order to strategize and reach Home Depot’s level in terms of scale.
This paper examines financial ratio analysis by defining, the three groups of stakeholders that use financial ratios, the five different kinds of ratios used and their applications, the analytical tools used in analysis, and finally financial ratio analysis limitations and benefits.
3. (TCO 2) Overhead costs have been increasing due to all of the following except
accepted the offer because of the pay increase she would be getting but when her
1.Suggest the financial ratio that most financial analysts would use to evaluate the financial condition of the company. Provide support for your rationale.
What is competition like in the North American wholesale club industry? Which of the fi ve competitive forces is strongest and why? Use the information in Figures 3.4, 3.5, 3.6, 3.7, and 3.8 (and the related chapter discussions on pp. 57-70) to do complete five-force analysis of competition in the North American wholesale club industry.
4.Has the company considered adjusting the hierarchy or the production process of the company, instead of just examining and reducing the cost?
In the acquisitions and mergers of companies, there are several financial ratios that are essential to consider. These financial ratios give clear pictures of the financial position of the parent company and the company that is to be acquired. The financial ratios indicate whether a company is in a financial position to acquire a new company, and whether it would be in the best interest of the parent company to acquire the new company. It is also important to note that an accurate indication of the strength of a ratio is dependent on industry average, competitors ratios and the historical ratios of the respective companies. These financial ratios are discussed below.