...GOVERNMENT OF ANDHRA PRADESH SOCIAL WELFARE (EDN.2) DEPARTMENT Memo.No.10537/SW.Edn.2/2011 dated:20.10.2012. Sub: Streamlining of PMS System – Registration of Fresh Scholarships to Open from 21-10-2012 to 20-11-2012 – Instructions – Issued. Ref:1) GO.MS.No. 66 (SW.Edn.2) Dept, dated 08-09-2010. 2) G.O.Rt.No.1307 Revenue (Ser.II) Dept, dated 13-09-2010 3) G.O.Rt.No.1551 Revenue (Ser.II) Dept, dated 04-11-2010 4) G.O.Rt.No.1570 Revenue (Ser.II) Dept, dated 10-11-2010 5) GO.Ms.No.60 (Sw.Edn.2) Dept, dated 27-09-2011. 6) G.O. Ms. No. 30, SW (Edn.2) Dept., dated 31-08-2012. 7) G.O. Ms. No. 33, SW (Edn.2) Dept., dated 15-09-2012. 8) Memo No. 3637/Edn.2/2010, SW Dept., dated 10-10-2012. *** Online fresh registrations for scholarships to students pursuing college courses for the academic year 2012-13 will commence from 21-10-2012 to 20-11-2012. The scholarship process has been made fully online by the Social Welfare Department. Under the online system, to access the website, a student must enter his SSC ID and Year of Passing to retrieve his record from the SSC data base For the academic year 2012-13, students can apply online for fresh scholarships on the e-pass website from 21-10-2012 to 20-11-2012. All students belonging to SC / ST with family income of less than Rs.2.00 lakh per annum & the students belonging to BC / EBC / DW / MW with family...
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...Copyrights : ManjRockers Food Security Bill : Important features : This law aims to provide subsidized food grains to approximately two thirds of India's 1.2 billion people.[2] Under the provisions of the bill, beneficiaries are to be able to purchase 5 kilograms per eligible person per month of cereals at the following prices: * rice at 3 (4.6¢ US) per kg * wheat at 2 (3.1¢ US) per kg * coarse grains (millet) at 1 (1.5¢ US) per kg. 75% of rural and 50 percent of the urban population are entitled The states are responsible for determining eligibility; Pregnant women and lactating mothers are entitled to a nutritious "take home ration" of 600 Calories and a maternity benefit of at least Rs 6,000 for six months; Children 6 months to 14 years of age are to receive free hot meals or "take home rations"; The central government will provide funds to states in case of short supplies of food grains; The current food grain allocation of the states will be protected by the central government for at least six months; The state governments will provide a food security allowance to the beneficiaries in case of non-supply of food grains; The Public Distribution System is to be reformed; Criticisms: Giving people virtually free food will keep them dependent on a ‘mai baap party’, trapping them into a permanent vote bank. It is a brilliant strategy of the Congress party at the centre — both the voters and the party will thus have a vested...
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...cataloging and paying close attention to the details, in The things they carried there are several characters in which we can look deeper into the items they carry, and how they affect each character and how that plays into who they are outside of their military life. Before we look into each individual character, first it is important to look at how each character is the same in what they carry. The story has an extensive list of items that each person carries as basic military items. General items they carried include P-38 can openers, pocket knives, heat tabs, wrist watches, dog tags, mosquito repellent, chewing gum, candy, cigarettes, salt tablets, packets of Kool-Aid, lighters, matches, sewing kits,military payment certificates, C rations and Two or three canteens of water. These lightweight items are the basic essentials that a military man needs and thusly they do not burden the soldier too much. However throughout the story the mentioning of weight is repeated several times as you get into the actual fighting equipment. This is used to give the literal meaning to the things they carried and how they burdened them. 15-20 pounds of standard gear, steel helmets 5pounds camouflage, Steel nylon jacket 6.7 pounds Green plastic poncho 2 pounds but very useful and m-16 8.2 pounds plus another 8.4 pounds for ammunition. All these things are physical aspects of...
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...Ratio Analysis: Financial Rations- relationships determined from firms financial information and used for comparison purposes. Short Term Solvency or Liquidity Rations: ✓ These ratios provide information about the firm’s liquidity. The primary concern us the firm’s ability to pay its bills over a short run without undue stress. The focus on current assets and liabilities. Generally, but not always, the book value and the market value of a firm’s current assets/liabilities are similar as their life is not long enough to cause huge differences. 1. Current Ration= Current Assets/Current Liabilities o Because current assets and liabilities are, in principle, converted to cash within twelve months, the current ratio is a measure of short-term liquidity; the unit measure is either in dollars or times. For a creditor, the higher the current ratio, the better. For firms, the higher the current ratio indicates liquidity and also an inefficient use of cash and other short-term assets. He ratio should generally be at least one. 2. The Quick of Acid-Test Ration= (Current Assets-Inventory)/Current Liabilities o Inventory is often the least liquid current asset, it’s the one for which the book value is the least reliable as measures do market value and the quality of the inventory isn’t considered. Relatively large inventories are often a sign of short-term trouble. The firm may have overbought /over produced because of overestimated sales. Using cash to...
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...FIN 6406 A Financial Ratio Quarterly Trend Analysis of : Wal-Mart WMT Listed on New York Stock Exchange Liquidity Liquidity ratio measures the financial health of the company for the payment of short term obligation. Current ration is a general and quick measure of liquidity it represents margin of safety or cushion available to creditors. It is the index of company’s financial stability, technical solvency and strength of working capital. Quick ratio eliminates the inventories from current assets it is beet measure of liquidity. Good current ration accompanied by low quick ration indicates disproportion of high investment in inventories. Net working capital is conversion cycle of the company that is used to purchase material and convert in to finished goods and then in return get money form the customer from the sale of product or services. Cash rations is the percentage of cash available to payoff the liabilities. Current ration is much less than standard. Company has more current liabilities as compare to currents assets this ratio is not satisfactory. Further this is below than industry average. Company has the declining trend in the liquidity category. Liquidity of the company is much less as compare to industry average for the recent trend. This shows liquidity performance is poor as compare to other organization. Age of the creditors is greater than the age of the company debtors and unable to pay off current obligation quickly that is due to working capital...
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...Financial Statement 1 Financial Statement Analysis YOUR NAME Axia College of University of Phoenix Financial Statement 2 Financial statements are often t he life line of a company. These statements show a company manager how viable the organization is and how profitable it has been. If this financial statement is not interpreted right it could cause the reader to make some serious mistakes when making the firm’s financial decisions. Financial statements provide an overview of the businesses financial conditions. There are four basic types of financial statements. The first is the balance sheet which reports a company’s assets, liabilities and net equity for a certain period. An income statement also known as profit and loss statement reports the company’s income, expenses and profits. The retained earning statement explains the changes in a companies retained earnings over a period. A cash flow statement shows the companies cash flow activities. These figures come from the companies operating, investing and financial activities. To sum things up these statements shows a company where there money has gone and profitable they have been. They shown an overall risk-return profile and if the mix of debt and equity financing is profitable. Lenders such as banks or bond buyers are interested in financial statements because through them they can determine if their interest and principles Financial Statement 3 can...
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...as that of the target. ➢ DCF analysis – is one of the most important valuation techniques ➢ Sum-of-the-parts analysis – If a target has more than one lines of business, the financial advisor will value each business separately. Therefore, each “part” might have its own Public Comps, Transaction comps and DCF (with different WACCs for each part). The total value is the sum of the parts ➢ Other –depending on the unique characteristics of the transaction, financial advisors will perform a number of other analyses to arrive at fair value like Leveraged Buyout (“LBO”) Analysis, Historical Exchange Ration analyses etc. Valuation M&A involves using more than one valuation technique to arrive at a valuation that we think is fair. The most common techniques used are: ➢ Comparable Publicly traded companies (“Public Comps”) – this analysis indicates how the stock markets are valuing companies that are similar to the target ➢ Precedent Comparable Transaction analysis (“Transaction Comps”) – this analysis indicates the valuations at which prior M&A transactions have been done in the same industry as that of the target. ➢ DCF analysis – is one of the most important valuation techniques ➢ Sum-of-the-parts analysis – If a target has more than one lines of business, the financial advisor will value each business separately. Therefore, each “part” might have...
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... Date: 10/13/2012 Re: The Morgan Bistro – Financial Ratio Analysis 1. What do the liquidity, profitability, and solvency ratios reveal about the company’s financial position? 2. Which users may be interested in each type of ratio? Short terms creditors and such as bankers and suppliers would be interested in evaluating the company’s liquidity ratios. Investors would be very pleased with the current ration of this company for example since for both years 2005 and 2006 the current ratio gave a clean bill of health. In 2005 for every dollar in current liabilities, there was $1.12 in current assets. And in 2006 there was $1.12 in current assets. Bankers and stockholders would be interested in knowing the solvency of the company. They would be interested in solvency rations such as debt ratio, debt equity ratio and interest coverage ratio. Investors will be interested in knowing the returns that they can earn on their investments. For both 2005 and 2006 the debt to total assets ration indicated that the company should be able to meet its maturing obligations and that creditors have more equity in case they company would be become insolvent. The managers and creditors of Morgan Bistro would be interedted in the profitability ratio of the company – for example the profit margin ratio that indicates the overall efficiency of the company. Both 2005 and 2006 show a hight profit margin ration which indicates that 8 cents...
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...NATIONAL ECONOMICS UNIVERSITY BTEC HND IN BUSINESS Assignment Front Sheet | Qualification | Unit Code / Unit number and title | Pearson BTEC Level 5 HND Diploma in Business (QCF) | F/601/0864 QCF level: 4Unit 10 Financial Accounting and Reporting | Student name NEU Student Number / BTEC Registration Number | | | | Assessor name(s) | Noel Farquharson | Le Quang Dung | Date issued | Submission deadline (for both hard copy and Turnitin) | May 7th 2015 | May 22nd 2015 | | | Assignment title | Interpreting financial statement | Student to indicate clearly on the Evidence (Page no) their answers against the following assessment criteria that can be found. | Learning Outcome | Learning outcome | Assessment Criteria | In this assessment you will have the opportunity to present evidence that shows you are able to: | Task no. | Evidence(Page no) | LO4 | Be able to interpret financial statements | 4.1 | Calculate accounting ratios to assess the performance and position of a business | 1&2 | | | | 4.2 | Prepare a report incorporating and interpreting accounting ratios, including suitable comparisons. | 3 | | Student declaration | I certify that the work submitted for this assignment is my own. I have clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice.Student signature: ...
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...From diagrame, Aeon achieved a new revenue record of RM3.256 billion for the Year which is 9.1% higher than the RM2.985 billion for the previous financial year. Correspondingly, AEON registered a strong profit before tax of RM299.5 million and profit after tax of RM212.8million representing 8.0% and 8.9% growth respectively over the previous year’s performance. The Year’s results were most commendable if we take into consideration that the results for the preceding year had included both the RM12.7 million gain on disposal of its amusement business and the RM11.3 million net proceeds from insurance claim though they were offset by an impairment loss of RM14.1 million in one of the Company’s store and shopping center’s property, plant and equipment. In addition, growth of retail business is driven by two new stores Aeon Ipoh Station 18 and Aeon Seri Manjung Shoping Centre and the better performance of property management service with tenant sales increasing upon agreement renew and new stores rent out. Indeed, there are three more outlets opening in Kulai, Johor in end of 2013 and also Bukit Mertajam and Sungai Petani in 2014. Besides that, AEON’s new land acquisition, for the construction and operation of a mall with car parks and a departmental store cum supermarket, is much in line with the overall group’s expansion strategy of opening 1-2 new malls per annum, we are expecting revenue of Aeon will growth substantially against other competitors. The current ratio ...
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...From diagrame, Aeon achieved a new revenue record of RM3.256 billion for the Year which is 9.1% higher than the RM2.985 billion for the previous financial year. Correspondingly, AEON registered a strong profit before tax of RM299.5 million and profit after tax of RM212.8million representing 8.0% and 8.9% growth respectively over the previous year’s performance. The Year’s results were most commendable if we take into consideration that the results for the preceding year had included both the RM12.7 million gain on disposal of its amusement business and the RM11.3 million net proceeds from insurance claim though they were offset by an impairment loss of RM14.1 million in one of the Company’s store and shopping center’s property, plant and equipment. In addition, growth of retail business is driven by two new stores Aeon Ipoh Station 18 and Aeon Seri Manjung Shoping Centre and the better performance of property management service with tenant sales increasing upon agreement renew and new stores rent out. Indeed, there are three more outlets opening in Kulai, Johor in end of 2013 and also Bukit Mertajam and Sungai Petani in 2014. Besides that, AEON’s new land acquisition, for the construction and operation of a mall with car parks and a departmental store cum supermarket, is much in line with the overall group’s expansion strategy of opening 1-2 new malls per annum, we are expecting revenue of Aeon will growth substantially against other competitors. The current ratio ...
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...Introduction The main purpose of this report is to identify the SSP company's financial users, companies can use what sources of funding. By four percentage calculation and analysis of the company's profitability, liquidity, efficiency ratio, and investment ratios. Then, with the ratio calculation results give a reasonable proposal. Body Section 1: Users of financial information (1) Management Management is assessing the overall performance of a business and makes comparison with other companies. He can get what he wants through The Trading, Profit and loss and Appropriation Account, The Balance Sheet, The Cash Flow Statement, Budgets, Ration Analysis, and Annual Report. In particular, Budgets and Ratio Analysis. (2) Long-term creditors Long-term creditors are assessing the overall performance of a business and forecast the future prospects of a business. He can get what he wants through The Trading, Profit and loss and Appropriation Account, The Balance Sheet, The Cash Flow Statement, Budgets, Ration Analysis, and Annual Report. In particular, The Trading, Profit and loss and Appropriation Account, The Balance Sheet and The Cash Flow Statement. (3) Authorities Authorities are check whether the company is compliance with the tax regulations. He can get what he wants through The Trading, Profit and loss and Appropriation Account, The Balance Sheet, The Cash Flow Statement, Budgets, Ration Analysis, and Annual Report. In particular, The Trading, Profit and loss and...
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...Disney Financial Performance Current Ratio The current ration concludes the liquidity of the company. A company’s current assets mainly consist of cash, accounts receivable, and etc. Current liabilities are primarily account payable, accumulated income taxes, existing maturities of long-term debt, and other accumulated expenses payable within one year. When the current ratio is greater than the industry normal, this concludes the presence of redundant assets. Whereas, on the other hand, lower than the industry concludes that there is a lack of liquidity ("Ratios And Formulas In Customer Financial Analysis", 1999). The current ratio formula consists of: Current Assets/ Current Liabilities = Current Ratio (In millions) 2011 | 2012 | 13,757/ 12,088 = 1.1x | 13,709/ 12,813 = 1.0x | Based on the current ratio for the past two years, Disney current ratio has been lower than the industry normal. This can conclude their assets lack liquidity and may have some issues meeting their short-term financial obligations. Debt Ratio The debt ration formula assists with the comparison of a company’s total debt from its total assets. This formula is primarily used to develop a general idea on the leverage of the company. Typically, a greater percentage is stating that the company is more dependent on their creditor, while a lower percentage states the opposite; the company relies less on their creditors and has a strong equity position ("Debt Ratio Formula", n.d.). The debt ratio formula consists...
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...is attached and we will offer our discovery about the company’s financial position, which may benefit from our analysis, and what our data will reveal about the company’s performance and position in this memo to the CEO. After using the horizontal and vertical analysis Berry’s Bug Busters was able to see how their assets and debts are handled in relation to profits. Liquidity within a business is the ability to pay current liabilities using current assets. Liquidity ratios are important to a company as well as employees, creditors and banks. As of 2008, Berry’s Bug Blasters holds a 15.88% debt to total assets ratio. Solvency is the long-term financial practicality of a business including its ability to pay off long-term obligations. Key solvency ratios are debt to equity ratio, debt to capital ratio, debt to assets ratio, times interest earned ration, and fixed charge coverage ratio. Profitability is the ability of a business to earn profit for its owners. Profitability ratios are determined through the analysis of asset turnover, profit margin, return on assets, and return on common stockholders’ equity. In 2008 every dollar of asset owned Berry’s Bug Blasters sold $1.68 of goods and services. The profit margin is 6.58%; the return on assets showed the company received $25.52 profit off every $100 in assets, and stockholder’s equity showed a 3.7%. The collected data shows what kind of financial place the company is at. These ratios are important for investors...
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...NewGen had the opportunity to review CanGo’s financial statement. The success of a business depends on its ability to remain profitable over the long term, while being able to pay all its financial obligations and earning above average returns. NewGen leveraged our knowledge of Investment rations, breaking our analysis down into four (4) key areas, efficiency, financial leverage, liquidity and profitability. Attached you will find our financial analysis summary matrix. 1. Efficiency Ratio We began with a look at your efficiency ratio, concentrating on your receivables turn over for the past year. This reflects the time between your sale and actual collection. If a company's Turnover Rate is significantly lower than industry norms, there could be an underlying reason such as poor collection methods, high-risk customers or low sales. With CanGo’s Efficiency Ratio for receivables turnover was at 1.51, there is room for improvement and a closer look needs to be performed to pinpointed where the problem lies. We next looked at CanGo’s Inventory Turnover as a measure of CanGo’s inventory management efficiency. In general, a higher value indicates better performance and lower value means inefficiency in controlling inventory levels; CanGo’s was 1.56. This lower inventory turnover ratio may be an indication of overstocking which may pose risk of obsolescence and increased inventory holding costs (Accounting Explained, 2012). 2. Financial Leverage Taking a look at CanGo’s equity...
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