...Financial Ratios Analysis and Comparison Paper Dianne Davis MHA 612 Professor Johnson June 7, 2014 Abstract It is important for healthcare organizations to understand their present performance and weak areas in order to generate more effective operational strategies. Financial ratio analysis is an effective tool to determine hospital’s performance on several indicators such as ability to pay debt, capability to generate revenue, and sales performance etc. The objective of this paper is to describe role of different financial ratios in understanding organizational performance and in developing new strategy. The paper also presents comparative ratio analysis of local healthcare organization and industry norms. Financial Ratios Analysis and Comparison Paper Introduction Financial planning and effective management play a major role in success of healthcare business. Financial ratio analysis refers to an effective financial management tool that helps in understanding financial performance of the hospital over a period of time. Financial ratio informs about the financial trends and information on key performance indicators that helped in strategy making. Financial ratios can also utilize in comparing business performance of two or more hospitals, and also to assess effectiveness of management. Financial ratios utilized in measuring liquidity of the hospitals, profit evaluation, debt structure, management of cash flow, risk determination...
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...Comparison of Pepsi and Coca Cola Financials Introduction Coca-Cola and Pepsi are the two most popular and widely recognized beverage brands in the world. They have been competing in the soft drink sector for over a century and both companies enjoy a high degree of brand consciousness globally. Both companies try to market as part of a lifestyle. Coca-Cola uses phrases such as “Coke side of life” in their website, while Pepsi uses phrases such as “Hot stuff” in their web, to promote the idea that Pepsi is “in sync” with the cool side of life. Ironically, both Pepsi and Coke have similar beginnings: both were created in the 19th century and both were the results of the experimental work of innovative pharmacists. Coke was created in 1886 by Atlanta pharmacist John Pemberton while Pepsi was developed in 1898 by North Carolina pharmacist and drugstore owner, Caleb Bradham. The primary purpose of this report is to identify and analyze the two dominant companies in the soft drink industry and determine the strongest performer as an investment opportunity. Ability to pay current liabilities The current ratio is mainly used to give an idea of the company’s ability to pay back its short-term liabilities (debt and payables) with its short-term assets (cash, inventory, receivables). The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due...
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...Jaiprakash Associates Ltd Vs DLF Ltd INDEX Introduction- Company Brief Comparison * Gross Profit Margin * Operating Profit Margin * Return On Capital Employed (ROCE * Net Profit Margin * Return on Net Worth (RONW) * Interest Coverage Ratio: * Current Ratio: * Quick Ratio: * D/E Ratio: * Long Term Debt Equity * Inventory Turnover Ratio * Debtors Turnover Ratio * Fixed Assets Turnover * Total Assets Turnover * Dividend Payout Ratio * Earnings Per Share Analysis Attachments * Peer Comparison * DLF Balance Sheet * DLF P&L Statement * JAL Balance Sheet * JAL P & L Statement Key Ratios Taken DLF Ltd Vs JAIPRAKASH ASSOCIATES Ltd COMPANY BRIEF DLF Ltd : DLF ltd is India's largest real estate company, was incorporated in 1963 (named DLF in 2006). It has developed some of the first residential colonies in Delhi such as Krishna Nagar in East Delhi, which was completed in 1949. Since then, DLF has been responsible for the development of many of Delhi's other well known urban colonies like South Extension, Greater Kailash, Kailash Colony and Hauz Khas. Besides residential properties, it has presence in commercial and retail projects too. DLF's operations span all aspects of real estate development. Jaiprakash Associates: Jaiprakash Associates...
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...Advance Auto Parts and AutoZone are two leaders in the automotive parts and accessories retail industry. Both companies are performing well during the downturn in the economy as car owners hold onto their vehicles for longer periods and perform their own repairs in attempt to save costs. These two companies are prime examples of companies that perform best when the economy grows weaker. While uncertainty remains on the status of the economy’s recovery, a deeper look into the financials of these companies may clarify the sustainability of their improving profits. Advance Auto Parts (AAP) is continuing to see improvements on profit margins since the beginning of the economic downturn, steadily increasing from 4.63 percent in 2008 to 5.84 percent in 2010. Also, comparable store sales are increasing as well which is another indicator that the company is generating greater profits during this period. AAP activity ratios are stable as well. There are no immediate liquidity concerns, but the balance sheet does indicate that AAP appears to be generating its financing from debt rather than equity. In fact, account payables and long-term debt steadily rose in 2010 to an atypical level, but its debt ratio still remains to be manageable. Also, AAP is actively buying back shares, which is also amplifying the increase of EPS investors have seen the past couple years. AutoZone (AZO), like AAP, is continuing to generate substantial profit margins during this time, maintaining approximately...
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...A Comparison of Business Models and Financial Management of Google and Microsoft Anitra Williams-Bender Jackson State University Abstract Google and Microsoft are two of the world’s leading providers for technological services and products. Both companies offer superior services such as search engines, e-mail, and other services designed to connect users with the rest of the world. Although these organizations may have similar products and services, there are limitless factors that set them apart from one another. The business models and financial management strategies for Google and Microsoft differ, directly correlating with the success of the company. Financial ratios help to indicate the success or failure of a company’s attempt to gain profit by selling products and recruiting investors. Annual reports track the expenditures, assets, and net income for Microsoft and Google. Leadership styles, new products and services, and company goals are influenced by annual reports. The technological competition continues, as both of these companies attempt to increase and retain revenue, beat out their competitors, and attract more and more customers. The core business of an organization outlines the most important and essential activities to the company. This sector of business activity fulfills the purpose for the organization, and it is needed for the organization to function properly. The core business can be viewed as the foundation for the organization; aspects of the...
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...ACC 300 FSA Project Ratio Analysis of The Kroger Co. and Whole Foods Market, Inc. TEAM Jake Eriksen (002) Brycen Goldstein (002) 16 Ross Wright (001) Nicolas Kim Omar Harb (001) (002) Kroger The Kroger Co. (referred to as Kroger) is a large grocery chain audited by PricewaterhouseCoopers LLP. Kroger ended its FY 2012 on February 2, 2013, FY 2013 on February 1, 2014, and FY 2014 on January 31, 2015 (Saturday nearest January 31). From page 39, we are told that 95% of inventories in 2014 and 2013 were counted using a LIFO costing method, stating the lower of cost or market. However, Kroger’s fuel inventory levels are determined using the FIFO cost method. The company uses the Link-Chain, Dollar-Value LIFO method to calculate its LIFO charge. Also on page 39, we are told that Kroger mainly uses the straightline method for depreciation and amortization expense. Buildings and land improvements are typically depreciated over 10-40 years, store equipment are depreciated over 3-9 years, leasehold improvements are amortized over 4-25 years, manufacturing plant and distribution center equipment are depreciated over 3-15 years, and information technology assets are generally depreciated over 5 years. Net Cash Provided by Operating Activities 4500 4163 Dollars (in millions) 4000 3573 3500 2954 3000 2500 2000 1500 1000 500 0 2014 2013 Year 2 2012 Whole Foods Whole Foods Market, Inc. (referred to as...
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...Running head: COMPARING FINANCIAL REPORTS BETWEEN A&F AND H&M 1 A Comparison in the Financial Accounting Methods Used by Abercrombie & Fitch and H&M January 2012 COMPARING FINANCIAL REPORTS BETWEEN A&F AND H&M 2 Abstract Financial accounting encompasses compiling operating figures that any business or organization uses to account for their operations. For business strict guidelines must be followed to be in compliance with Security and Exchange Commission (SEC) rules when filing annual reports. This paper will examine, compare and contrast the differences in accounting styles and profitability of two clothing retail giants. Abercrombie & Fitch (A&F) is a domestic retailer based out of Ohio with over 300 outlets in the United States and Hennes & Mauritz AB (H&M) a Swedish outfit that is by sales the world’s second largest clothing retailer. The income statement, balance sheet and cash flow statement from each company’s annual report will be compared and contrasted to examine differences in style and methodology. COMPARING FINANCIAL REPORTS BETWEEN A&F AND H&M 3 A Comparison in the Financial Accounting Methods Used by Abercrombie & Fitch and H&M The scope of this paper is to examine, compare and contrast the differences in accounting styles...
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...Comparisons of Financial statements Understanding these measurements can give an overview of organizations’ financial health. The following ratios were conducted on all of the industries: Current Ratio Most organizations measure their short term liquidity which is the ability to pay their short-term obligations. For every industry, the acceptable current ratio differs. The formula used for determination of the current ratio is current assets/current liabilities. A) Apple Inc. : 89,378,000/80,610,000 = 1.1 times B) Verizon Inc.:22,280,000/35,052,000=0.64 times C) Target Inc. : 13,624,000/11,736,000=1.2 times Apple Inc.’s and Target Inc.’s current ratio shows that their current liabilities are covered 1.1 times and 1.2 times respectively. Apple’s current ratio is actually higher than the acceptable current ratio of a manufacturing industry which is 1.03 while Target is a bit lower than the acceptable current ratio of the retail industry of 2.14. Both are able to pay off their short-term obligations, but Apple is definite with its current ratio. Verizon’s current ratio shows that their current liabilities are covered 0.64 times which is half of the service industry’s acceptable current ratio of 1.29 .This shows that their liabilities are greater than their assets which shows they would not be able to pay off short-term obligations at this point and their working capital is negative. See (Appendix 1, Appendix II, Appendix III (Income Statement and Balance sheet...
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...same one after the another & results stored. A large number of Regression Automation Tools are available in market like, QTP, Selenium, WATIR etc, to cover this up. Contrary to this very less work is available & very less has been thought about the Comparison phase wherein Test Results thus generated have to be compared to produce a summary report for QA Testers to analyze which they can further categorize into Expected & Unexpected Breaks & then reach out to Development for investigation & thus complete the end-to-end life cycle of Regression Testing. With advent of IT and shift of focus toward Financial Banks & Institutions, a need is felt to have some faster & feasible way to compare records with high volume. That is the starting point for this paper under which an Automation Framework for Comparison Phase of Regression Testing is built in Perl, that could easily cover records of any volume. Use of Industry Compliant Methodology, named Best Match, made the framework even more flexible for scenarios having duplicate records on either of the two parallel sides. Best practice Data Structures like Hash are being used in the implementation that have fasten up the parsing & key pattern filtering, hence lowering down the overall comparison & summary generation time. Use of programming language Perl has made the framework platform or operating system independent as the implementation code can easily be run on any OS, like Unix, Sun,...
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...healthcare in Canada and the United States) • theories (e.g., capitalism and communism) • figures (e.g., Auto production in the United States and Britain) • texts (e.g., Shakespeare’s Hamlet and Macbeth) • events (e.g., the Great Depression and the global financial crisis of 2008–9) Although the assignment may say “compare,” the assumption is that you will consider both the similarities and differences; in other words, you will compare and contrast. Make sure you know the basis for comparison The assignment sheet may say exactly what you need to compare, or it may ask you to come up with a basis for comparison yourself. • Provided by the question: The question may ask that you consider the gradual loss of morals by major characters in Yann Martel’s Life of Pi and George Orwell’s Animal Farm. The basis for comparison will be the loss of morals by central figures in each text. • Developed by you: The question may simply ask that you compare the two novels. If so, you will need to develop a basis for comparison, that is, a theme, concern, or device common to both works from which you can draw similarities and differences. Develop a list of similarities and differences Once you know your basis for comparison, think critically about the similarities and differences between the items you are comparing, and compile a list of them. For example, you might decide that in Life of Pi, Pi simultaneously experiences a gradual loss of morals as his chances of survival are...
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...Sister Flowers / Someone’s Mother In this essay we will discuss the comparison and contrast of two stories, Sister Flowers and Someone’s Mother. One of the easiest comparisons is that both of these stories were written in the first person by the authors. In Sister Flowers the author tells a tale of the struggle she had dealing with a traumatic event. In the same way, Someone’s Mother tells of the struggle the author had in leaving an elderly woman lost and alone. Also, both stories show a person’s genuine concern to help someone in need. Sister Flowers deals with a woman helping a child to find her voice in life. Likewise, Someone’s Mother shares the story of a woman who helps a hitchhiker who has seemed to have lost her way. Though both stories showed similarities they also were different in many ways. One of the ways in which the two stories contrast is that both took place in different parts of the country and in different eras. Sister Flowers is set in Arkansas in around the 30’s; however, Someone’s Mother was further north in New York and took place in 2007. Another difference between the stories was they both had different agendas. Someone’s Mother was more of a story dealing with the characters compassion. In Sister Flowers you felt the story leaning more towards the inner struggle of the character. In conclusion, you can see that there are many similarities as well as differences in these stories. Both were thoroughly enjoyable and should be recommended for all to...
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...the opportunity to search for the product they want through endless avenues. Online shopping has grown so large that many companies are not investing in buildings and mall space, rather in online websites and web advertising. Through this paper I will discuss the reasons why shopping online is a better alternative to traditional shopping. The first benefit of online shopping is the convenience. While others are out fighting traffic and waiting in lines, online shoppers are home relaxing. Online shoppers can go from store to store with a flick of a mouse, while traditional shoppers have to walk, drive or can’t get to the stores they want. Online shoppers also benefit when it comes to comparison shopping. Traditional shoppers have to put a lot of work into comparison shopping. They have to drive from place to place find items and price and go onto the next place. This can be exhausting and stressful. The online shopper can do this from his or her couch. Online shoppers can search the planet for the product they are looking for, while traditional shoppers are limited to a small area. When it comes to seeing, touching, and trying out a new product, there is no substitute for actually going to the mall and examining the item in person. You cannot always tell what the merchandise is really like by seeing a picture of it on the Web. The color may be somewhat different online than it appears in real life. The exact size and proper fit may be critical when...
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...Over a certain period of time I will be studying a child under the age of 5. I will be visiting the child every 2 weeks for a couple of weeks to see how they physically develop. I will be looking at their gross and fine motor skills of the child. Every visit I will be doing something new like painting, playing catch or going to the park etc. I will look at her normal routines of her everyday life. I will take pictures and collect information from every visit so I can use it as evidence. Every visit I will be looking at their height, weight and teeth to see how they develop over the period of time. After I have done all the visits I will go over what I have done and evaluate what I have found out and compare them to an average child the same age as them and see if they are developing quicker or slower to an average child. The method I will be using to collect my information will include the internet to look at the norms, books and during the visits while I will be observing the child. In the visits I will make it fun by putting fun activites for the child to so I can work on their fine and gross motor skills to see how they are improving every visit. With the information I collect I will be evaluating after all my visits and seeing how the child has improved over a couple of months. I will aslo be comparing the child to the norms that I have found from the internet and...
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...things: two texts, two theories, two historical figures, two scientific processes, and so on. "Classic" compare-and-contrast papers, in which you weight A and B equally, may be about two similar things that have crucial differences (two pesticides with different effects on the environment) or two similar things that have crucial differences, yet turn out to have surprising commonalities (two politicians with vastly different world views who voice unexpectedly similar perspectives on sexual harassment). In the "lens" (or "keyhole") comparison, in which you weight A less heavily than B, you use A as a lens through which to view B. Just as looking through a pair of glasses changes the way you see an object, using A as a framework for understanding B changes the way you see B. Lens comparisons are useful for illuminating, critiquing, or challenging the stability of a thing that, before the analysis, seemed perfectly understood. Often, lens comparisons take time into account: earlier texts, events, or historical figures may illuminate later ones, and vice versa. Faced with a daunting list of seemingly unrelated similarities and differences, you may feel confused about how to construct a paper that isn't just a mechanical exercise in which you first state all the features that A and B have in common, and then state all the ways in which A and B are different. Predictably, the thesis of such a paper is usually an assertion that A and B are very similar yet not so similar after all...
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...are affected most by comparison shopping on mobile platforms? Explain. 1. All stages can be considered affected less or more. In my opinion, most affected stages are: Internal information gathering – eBay application provides consumer with basic information like brand name, color, price, size, location, shipping cost, etc. After comparing this information consumer supposedly will make a rough choice to get more info or refine search by certain criteria. Evaluation of alternatives – is the most affected and difficult stage for consumer. At this point all options needs to be compared: one seller can be more competitive pricewise but shipping will take longer time due to location of the product, another has a better feedback and accepts every known method of payment but has lower amount of days after product will be accepted back or do not accept returns, etc. Purchase of product also can be considered as affected stage. Before actual payment, some sellers can only ask for desired quantity and get consumer directly to the payment page but some can ask for available coupons or gift cards. However, I think this stage has very limited possibilities compared to full site version. 2. Based on the goal expressed by Steve Yancovich, which stage of the consumer decision-making process is eBay trying to influence? How are they doing so? 2. I think eBay trying to influence need recognition stage. Company created a mobile application with a lot of comparison options allowing users...
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