...We have calculated relevant ratios analysis in regards to Cariboo Industrial (“CI”) liquidity, assets management, long term debt paying ability and profitability. Below are the summary of our work: Liquidity Ratio: Current ratio of CI for the 2001, 2002 and 2003 are 2.03, 0.42 and 0.21 respectively. The ratio figures indicate CI ability to pay it’s short term liabilities commitment. If a ratio figure is high preferably a ratio of 2, it indicates a good liquidity situation. However, for CI, the ratios in showing a declining trend and for 2003 it is at 0.21. In other word, CI can only pay 21cents for every RM1 of it’s short term liabilities in 2003. In addition, if CI were to take into consideration of it’s quick ratio (i.e CI ability to pay short term liabilities immediately without selling inventory) the ratio is also not favorable. CI quick ratio show a ratios of 1.20 (2001), 0.29 (2002) and 0.91 (2003). The following ratios is further supported by the declining of CI cash as shown in the horizontal analysis of the balance sheet between 2001 and 2002 a reduce of 321,000 (-55.06%) and between 2002 and 2003, a reduce of $424,000 (-266.67%). A vertical analysis of 2001, 2002 and 2003 in CI cash against the total asset also show a declining percentage to 3.35%, 0.73% and 0.16%. Other assets also show a declining percentage (please refer to attachment 2 of horizontal and vertical analysis) However based on the vertical analysis, a notable increase was noted in...
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...Cariboo Industrial Case Solution We have calculated relevant ratios analysis in regards to Cariboo Industrial (“CI”) liquidity, assets management, long term debt paying ability and profitability. Below are the summary of our work: Liquidity Ratio: Current ratio of CI for the 2001, 2002 and 2003 are 2.03, 0.42 and 0.21 respectively. The ratio figures indicate CI ability to pay it’s short term liabilities commitment. If a ratio figure is high preferably a ratio of 2, it indicates a good liquidity situation. However, for CI, the ratios in showing a declining trend and for 2003 it is at 0.21. In other word, CI can only pay 21cents for every RM1 of it’s short term liabilities in 2003. In addition, if CI were to take into consideration of it’s quick ratio (i.e CI ability to pay short term liabilities immediately without selling inventory) the ratio is also not favorable. CI quick ratio show a ratios of 1.20 (2001), 0.29 (2002) and 0.91 (2003). The following ratios is further supported by the declining of CI cash as shown in the horizontal analysis of the balance sheet between 2001 and 2002 a reduce of 321,000 (-55.06%) and between 2002 and 2003, a reduce of $424,000 (-266.67%). A vertical analysis of 2001, 2002 and 2003 in CI cash against the total asset also show a declining percentage to 3.35%, 0.73% and 0.16%. Other assets also show a declining percentage (please refer to attachment 2 of horizontal and vertical analysis) However based on the vertical analysis, a notable...
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...Part 1 PA R T The Strategic Human Resource Management Model A human resource department helps organizations and their employees attain their goals. But it faces many challenges along the way. This chapter explores some of these challenges and outlines a strategic human resource management model upon which the rest of this book builds. The Strategic Human Resource Management Model Environmental Analysis Organizational Mission and Goals Analysis Analysis of Organizational Strengths and Culture Analysis of Organizational Strategies Choice and Implementation of Human Resource Strategies Planning Human Resources Attracting Human Resources Human Resource Tactical Plans Placing, Developing, and Evaluating Human Resources Maintaining High Performance Motivating and Rewarding Human Resources Human Resource Systems and Procedures Review and Evaluation of Human Resource Strategies CHAPTER ONE Strategic Importance of Human Resource Management The successful 21st-century organization will not take the loyalty of talented people for granted. It will constantly try to recruit and keep them. … The mutual commitment of an employer and an employee will be one of the most important factors for a 21st-century organization. Subhir Chowdhury1 One CHAPTER OBJECTIVES After studying this chapter, you should be able to: • List challenges facing Canadian organizations in the context of managing their workforce. • Discuss the objectives of human resource...
Words: 32978 - Pages: 132
...Part 1 PA R T The Strategic Human Resource Management Model A human resource department helps organizations and their employees attain their goals. But it faces many challenges along the way. This chapter explores some of these challenges and outlines a strategic human resource management model upon which the rest of this book builds. The Strategic Human Resource Management Model Environmental Analysis Organizational Mission and Goals Analysis Analysis of Organizational Strengths and Culture Analysis of Organizational Strategies Choice and Implementation of Human Resource Strategies Planning Human Resources Attracting Human Resources Human Resource Tactical Plans Placing, Developing, and Evaluating Human Resources Maintaining High Performance Motivating and Rewarding Human Resources Human Resource Systems and Procedures Review and Evaluation of Human Resource Strategies CHAPTER ONE Strategic Importance of Human Resource Management The successful 21st-century organization will not take the loyalty of talented people for granted. It will constantly try to recruit and keep them. … The mutual commitment of an employer and an employee will be one of the most important factors for a 21st-century organization. Subhir Chowdhury1 One CHAPTER OBJECTIVES After studying this chapter, you should be able to: • List challenges facing Canadian organizations in the context of managing their workforce. • Discuss the objectives of human resource...
Words: 32978 - Pages: 132