For the past year, Rock N’ Java has experienced a decrease of customers, and sales. This has impacted Rock N’ Java net income. Many factors have contributed to the decrease in profits such as lack of products (stationeries), unavailability of enough computers, and lack of marketing. Therefore, it is vital to conduct a diagnosis of the business financial position to make changes that will improve the current
In accounting there is much to be learned, about the financial aspects of a business. In the past five weeks I have learned the importance of financial reports and how they relate to the success of an establishment. These reports may include balance sheets and income statements, which help accountants and the public grasp the overall financial condition of a company. The information in these reports is really significant to, managers, owners, employees, and investors. Managers of a business can take and deduce financial
The impact of a company’s financial statement depends mainly on the company’s business strategy; both transactional and operational, its industry profile and the nature of its competitive environment. This report analyses 15 ratios of JB Hi-Fi’s financial performance and suggests a recommendation for investors.
The company’s debt ratios are 54.5% in 1988, 58.69% in 1989, 62.7% in 1990, and 67.37% in 1991. What this means is that the company is increasing its financial risk by taking on more leverage. The company has been taking an extensive amount of purchasing over the past couple of years, which could be the reason as to why net income has not grown much beyond several thousands of dollars. One could argue that the company is trying to expand its inventory to help accumulate future sales. But another problem is that the company’s
Also, according to its leverage ratios, the company’s debts are not only very high, but are also increasing. Its decreasing TIE ratio indicates that its capability to pay interests is decreasing. The company’s efficiency ratios indicate that despite the fact that its fixed assets are increasingly being utilized to generate sales during the years 1990-1991 as indicated by its increasing fixed asset turnover ratio, the decreasing total assets turnover indicate that overall the company’s total assets are not efficiently being put to use. Thus, as a whole its asset management is becoming less efficient. Last but not the least, based on its profitability ratios, the company’s ability to make profit is decreasing.
In the year 2007, there is a drop in financial performance within the company. Earnings have dropped
Rapid Repair’s profitability appears good but their cash balance has shrunk. Write a report that provides a financial analysis
On the other hand, the company has been growing constantly. In deed, according to the net income estimation for 2007 (see Table 7) the company increases its profits $25 thousand dollars more than the previous year. This is an evidence of how the company is been management and of its willing to grow year after year. Nevertheless, the first quarter of 2007 the working capital only has increased by $7 thousand dollars, which is the difference between the current assets and current liabilities but the importance of this is that according to the rotation on receivables and payable accounts, shown in Table 5 and 10, leads us to the conclusion that the company will have to pay its suppliers
To prevent this type of crisis and to become up to date on the copyright laws, we here at Grokster will form a strategic plan. According to Bethel, “Strategic planning, is a process undertaken by an organization to develop a plan for achievement for its overall long-term organizational goals” (Bethel, 2011). However, there is not just one type of planning. The strategic planning process should include a situational analysis. This should include looking at the organizational objectives, and strategies to implement a strategic plan. There are a few main steps for strategic planning. Grokster will first analyze what the company's condition is by forming a SWOT analysis. This is an evaluation of strengths, weaknesses, opportunities, and threats. The next step would be to develop a
Speaking with a professional scientist is a great way to learn about the wonders of biology. In order to complete the Ask a Scientist assignment, I chose to interview a family friend, Dr. Rosalind Hollingsworth, a leading researcher of Sanofi Pasteur’s influenza vaccination. Her research is focused mainly on the human immune system and viruses, and more specifically, the development of vaccinations that cure influenza.
2. Is there evidence of disparate impact against African Americans in the decisions that were made? On what basis did you arrive at this position? Illustrate how the “80 percent rule” can be used with the data in Exhibit 3.2.1 and whether there was a violation of this rule.
Also, Wilson set this story in 1931 on a train from Vienna to Munich. This setting is well known as one rapidly intensifying towards the anti-semitistic views that took over in 1933 when Adolf Hitler and the Nazi party came into power. Munich being one of the original locations of interest and power for the Nazi party. For someone reading this story for the first time they may or may not pick up on this allegorical reference to the Second World War, but when it is known we are shown a whole knew meaning to the story. Wilson hinted at this when he said “Many people slept until they reached Munich. Then they all began to wake up.”. This seems to suggest that people in this time were so focused on their personal economic issues that it took them a while to pay attention to the massed genocides that the Nazis began to commit once they had obtained power.
The financial performance of the company over the years six t thirteen is shown in table no 7. The data includes Revenue generated over the years, Earning per share, Return on Investment and Stock Prices. Chart 5 shows that there has been a decline in the revenues generated. Charts 6 to 8 all show a decline in Earnings per Share, Return on Equity and Stock Prices suggesting a poor financial performance by the company.
It’s noticeable how the company’s operations have been deteriorating as they are having a more difficult time translating sales into cash. Their A/R turnover is not where it needs to be, and in line with that, their liabilities are increasing as well. The company has also been inefficient with the use of their assets as their current activity ratios are not up to par with the industry standards.
I would like to be a flight attendant because I think working in an environment that continually upholds high levels standard of service as a flight attendant is very challenging the kind of challenge I enjoy.