...Financial Analysis JET Task1 Western Governors University Prepare a summary report in which you do the following 1. Evaluate the company’s operational strengths and weakness based on the following: A. Horizontal analysis of financial statements involves comparison of a financial ratio, a benchmark, or a line item over a number of accounting periods. This method of analysis is also known as trend analysis. Horizontal analysis allows the assessment of relative changes in different items over time. It also indicates the behavior of revenues, expenses, and other line items of financial statements over the course of time. Horizontal analysis of financial statements can be performed on any of the item in the income statement, balance sheet For example, this analysis can be performed on revenues, cost of sales, expenses, assets, cash, equity and liabilities. It can also be performed on ratios such as earnings per share (EPS), price earnings ratio, dividend payout, and other similar ratio. Horizontal Analysis from the income statement: 1. Net Sales: There was an increase in sales from year six to year seven in the amount of 1,495,000 resulting in a 33.3% increase and a decrease in sale from year seven to year eight in the amount of 897,000 resulting in a 15% decrease in sale. In this analysis, the product of competition Bikes Inc. were good with the public from year 6 to year 7 and the increase in sale resulted to a 29.4% of an increase in pay to the executives...
Words: 8347 - Pages: 34
...Toy Company | To: | Chief Executive Officer | From: | | CC: | Company Attorney | Date: | 10/18/2014 | Re: | Constructive Discharge and Title VII | Comments: | This memo will explain: A) constructive discharge B) Title VII of the Civil Rights Act of 1964 as it relates to this particular complaint and in general C) recommendations for how the company should respond and also changes to avoid issues with Title VII in the future. | | | A: Constructive Discharge Constructive discharge is legally defined as “forcing an employee to resign by making the work environment so intolerable that a reasonable person would not be able to stay” (Prohibited Employment Policies/Practices, n.d.). Constructive discharge is usually recognized within the framework of the Civil Rights Act of 1964 Title VII as an illegal employment practice and is considered a form of wrongful termination (Prohibited Employment Policies/Practices, n.d.), even though it is the employee resigning from their position, as opposed to termination by the employer. An employee has filed a claim against the Toy Company under Title VII of the Civil Rights Act of 1964 with the Equal Employment Opportunity Commission. The employee is using constructive discharge as her complaint in regards to the Toy Company recently changing the production department work schedules. The company implemented a new policy in the production employees’ shift to four days on, four days off shift rotation schedule policy, as...
Words: 3067 - Pages: 13