...accountability and dynamism in accomplishing its function. PGCB was incorporated in November 1996 with an authorized capital of BDT 10 Billion. PGCB entrusted with transmission assets from Bangladesh Power Development Board and the Dhaka Electric Supply Authority (in present DPDC). It has paid up capital 3643.58 million BDT Turnover in 2008-2009: 5713.83 million BDT Transmission Line as 30.06.2009: 230 Kv – 2644.5 circuit km 132 Kv – 5607.6 circuit km Manpower as on 30.06.2009: 1932 Nos. 1.2 Identification of the Problem Book Value per Share is the accounting value of a share, equal to common equity divided by the number of shares outstanding. Market value is current price of the stock. If the profitability, liquidity, asset and debt management is good market value will probably be as high as can be expected. From the analysis of five years data we will try to find out the problems and reasons of changes in the Market value of from the price of Tk. 250.00 per share at the beginning of 2005-2006, to Tk.782 .25 at the end of 2008-09. Initially the book value of the share of the company is Tk. 185.67 per share and at the year 2009 it become 390.01 So from the data it is evident that the Market value is substantially greater than the book value. So we can say for our concern company that, Market value > Book value So this is good news for company. So, Company is enjoying a healthy financial status. In our report we shall diagnose all the data and we shall established the...
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...Introduction Having adequate staff per patient ratio has been shown to reduce medication errors, and patient complications; decrease patient mortality rates as well as nurse fatigue and burnout rates. All while improving patient satisfaction with care and nurse satisfaction with their job. (ANA, n.d). These are all reasons why this subject should be studied in depth, but there is no easy way to determine what ratios for patients to a nurse should be. In this practice, generally, the fewer patients a nurse has the more time he or she is able to spend with their patients. Assessing, examining, visiting and getting to know their lifestyle and health history will improve the care the patients are getting, but nurses often don’t have the time to perform such in depth cares with the high acuity patients they are assigned with the limited amount of nurses and help available. Nursing leaders and management need to be active in this subject and oversee for the safety of the patients as well as all staff. This paper looks to examine ways nurse management can take charge and approach this delicate situation by maintaining the well-being of patients and staff, as well as keeping within a specific financial plan. Nurse Responsibility Finding the most appropriate nurse patient staffing ratio is huge concern as management tries to balance budget along with nurse satisfaction and safety. The patient to nurse mix is a huge concern in the hospital because of this. “Most state nurse...
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...------------------------------------------------- A Report On Comparative Performance Study of Conventional and Islamic Banking in Bangladesh Course Title: THEORY AND PRACTICES OF BANKING IN BANGLADESH Course Code: FBK 312 Submitted To: Md. Nur Nabi Assistant Professor Department of Finance and Banking Faculty of Business Administration and Management Patuakhali Science and Technology University Dumki, Patuakhali- 8602 Submitted by: Group: C (Level: 3, Semester: I) Session: 2012-2013 Faculty of Business Administration and Management Patuakhali Science and Technology University Dumki, Patuakhali- 8602 Date of Submission: 09th May 2015 ------------------------------------------------- Roll No | Registration No | Name of the Students | Signature | 1203051 | 03596 | Nusrat Jahan Rupa | | 1203053 | 03598 | Nusrat Yesmin | | 1203054 | 03599 | Nisath Salsabil Urmi | | 1203056 | 03601 | Mehedi Hasan | | 1203057 | 03602 | Hasan Shahria Nayeem | | 1203060 | 03605 | Khondokar Tanveer Ahsan | | 1203061 | 03606 | Sume Akter | | 1203062 | 03607 | Rased Amer Sohag | | 1203065 | 03610 | Nusrat Jahan Pinki | | 1203067 | 03612 | Rasel Miah | | ------------------------------------------------- Group Member Details ------------------------------------------------- ------------------------------------------------- ATTENDANCE REPORT 1) Level : 3 2) Semester : I 3) Course Code : FBK-312 4) Course Title : THEORY AND PRACTICES...
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...In January 1980, the management of the Marriott Corporation found itself in an interesting dilemma: not only did the corporation have considerable excess debt capacity, but projections of future operations and cash flows indicated that this capacity was on the rise. For Marriott, excess debt capacity was viewed as comparable to unused plant capacity because the existing equity base could support additional productive assets. Management was therefore faced with two problems. First, it needed to determine the amount of funds that would be available if Marriott's full debt capacity were utilized. Second, management needed to decide whether to invest excess funds in new or existing businesses, or to return them to the companies shareholders by paying higher cash dividends or repurchasing stock. To resolve the first issue, it is recommended that the Marriott corporation calculates several coverage ratios so that it can evaluate it's ability to cover the costs associated with varying levels of debt. There are three coverage ratios, corresponding to the costs associated with increased debt leverage, recommended by Higgins n his book. These ratios are times interest covered, times burden covered, and times common covered. To calculate these ratios EBIT is divided by a specific cost, or sum of costs, to determine how well profits are able to support them. Alternatively, “percentage EBIT can fall” could be calculated with regards to each type of cost, to determine the percentage amount...
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...Accounting Horizons Vol. 27, No. 2 2013 pp. 301–318 American Accounting Association DOI: 10.2308/acch-50434 Capital Structure, Earnings Management, and Sarbanes-Oxley: Evidence from Canadian and U.S. Firms Kelly E. Carter SYNOPSIS: I examine Sarbanes-Oxley’s (SOX) effect on capital structure. I find that SOX is associated with higher long-term debt ratios, as firms listed in the U.S. raise their long-term debt ratios by 2 to 3 percentage points. This finding is consistent with the idea that, although the reduction in information asymmetry associated with SOX could prompt managers to increase equity financing, debt is still safer and less costly than equity in the SOX era. Further analysis shows that the increase in debt occurs in the two quarters prior to SOX, suggesting that firms anticipate a higher cost of debt after SOX and acquire debt while it is relatively cheap. Also, firms that heavily (lightly) manage earnings prior to SOX use less (more) debt after SOX. This result is consistent with the view that firms that aggressively manage earnings before SOX reveal intrinsically weaker earnings after SOX, casting doubt on those firms’ ability to repay debt and relegating those firms to issue equity for financing purposes. Keywords: capital structure; earnings management; debt ratio; Sarbanes-Oxley. JEL Classifications: G32; G38. Data Availability: Data available upon request. Kelly E. Carter is an Assistant Professor at Morgan State University. I...
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...Research Proposal University of Phoenix D’Ainsley Smith FIN/711 January 11, 2014 Professor Allen Research Proposal Financial analysis is important for every organization. In the course of financial analysis, it is determines the areas which are to improved by it. Two organizations selected here are Bank of America and HSBC. Both organizations are in the banking sector and have operations in various parts of the world. The organizations work for the purpose of making sure they achieve their targets. The study is conducted for finding out whether these organizations are working appropriately. Background The organization considered presently is Bank of America. This organization is a banking company and engaged in carrying out various kinds of banking operations for customers. “The organization has a total of 57 million clients at the present time” (Carroll, 2007). There are various banking operations carried out by Bank of America. Operations carried out by Bank of America include acceptance of deposits, lending to individuals and businesses, and various financial operations. This organization has been working towards achievement of target goals. For this organization, it is also important to ensure they provide a detailed financial analysis of the company’s operations. The assistance of the financial analysis ensures the company understands and knows their financial position is in...
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...Key Issues The ALPES S.A. case deals with Charles River Laboratories (CRL) and their consideration of a joint venture proposal with an animal vaccine company in Mexico. The senior V.P. is preparing to present the proposal of a $2 million investment for the firm. The CEO, Jim Foster, is concerned with the associated risks that CRL would be undertaking if they accept this venture. Key issues of concern are; the partnership with a relatively small, family run business; having operations in Mexico, which could pose difficulties; maintaining CRL’s focus on U.S. expansion; and the proposed partner’s lack of funds to invest, which will leave CRL to bear the entire cost of the venture. Internal Analysis: Business Strategy Diamond 1. Arenas Charles River Laboratories (CRL) is currently the market leader for the commercial supply and production of global laboratory animal models used in the development and testing of new pharmaceuticals, as well as discovery research. The most recent product development is that of SPF eggs, which are used in the development of human vaccines that have not yet been converted over to the newer production technology. 2. Vehicles Charles River Laboratories has two different options at this time for vehicles that will enable them to enter new arenas. These consist of entering into a joint venture, or other type of agreement, with ALPES, or making use of the SPAFAS franchises. Although the initial intention to purchase the existing franchises...
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...The Jones Electric Case utilizes the major learnings to date, analysis of financial statements and the use of ratios to project future performance. You are the financial analyst or banker who has to decide if Mr. Jones can increase his loan level. Note use the annual data for the following questions, the single quarter for 2007 presented should not be used. * Question 1. * How does Jones Electric compare to other electrical distributors? * Prepare ratio, common size and cash flow analysis. * See the file attached with industry ratio data. Use just the Data from the highlighted column. * You can assume I know how to calculate the ratios and their definition. Your answer should be more than the ratio is more or less than the past or industry, please go beyond the numbers and tell me what the numbers are telling us. * Question 2. * Project 2007 using ratios and identities. Assume the new sales will be the $2,700 he told the bank. Use the annual data not Quarter 1 to do the projections. * Determine if the line of credit offered is adequate. (This is what we are solving for!) * Determine if Jones should or should not take the cash discount from suppliers. * Question 3 * Based on questions 1 & 2, do you recommend any changes in the way Mr. Jones is running his business? Assignment deliverables * Case analysis write-up no more than 5 typed pages with imbedded tables and charts. (Tables and charts...
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...potential threat to it as its two major customers are now thinking of outsourcing to China for its lower operating cost. The management need to decide whether to move its operation to China or exit from contract manufacturing activity and stand on its own new created brand. It is recommended for Haute Couture Fashions Sdn Bhd to move their operations wholly by itself to China and halt their current local operations, to secure its existing customers, and attract new potential customer in the long run. Although it might seems as a big investment in the short term, but in the long term period, Haute Couture Fashions would enjoy the profit made by this big investment of today. Problems The management of Haute couture Fashions Sdn Bhd needs to make quick adjustment to their existing business strategy due to the emergence market of China in the textile industry. Many of the manufacturers from European and American market are changing their contract manufacturer to China due to its potential low operating cost. In the short term period, Haute Couture Fashions Sdn Bhd, HCF might lose its two major clients, which made up 44.2% of its sales annually. On the other hand, if no changes being implemented, in the long run, HCF might suffer even more, when all of its clients follow those steps, outsourcing to China. Potential alternative decision to be made by HCF management: 1) Expand operation to China, and maintain current factories operations to create own brand name. 2) Move all of HCF operations...
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... The following table presents the ratio analysis for City of Charlottesville for the financial years 2005 and 2006. There are seven ratios which were computed based on the financial data provided in Table 9.7 and Table 9.8 and the spreadsheet titled “Budget Tools 09 Exercises.” The ratios fall under three major categories which include the measures of liquidity, long-term solvency, and asset management ratios. City of Charlottesville | Financial Analysis | | | FY 2005 | FY 2006 | 1. Current ratio | Current Assets/Current Liabilities | | 4.30 | 5.77 | | 2. Working Capital | Current Assets-Current Liabilities | | 37,683,388.00 | 46,774,060.00 | | 3. Quick ratio | Quick Assets/Current Liabilities | | 4.30 | 5.77 | | 4. Debt-to-asset ratio | Total Liabilities/Total Assets | | 0.55 | 0.57 | | 5. Days payable ratio | All accounts payable*365 days/NPS Expenses | | 99.09 | 74.76 | | 6. Profit Margin Ratio | Surplus/Revenue | | -0.10 | -0.01 | | 7. Common Size Ratio | Line item amount/total amount | | | | | | General Fund | 46,712,426.00 | 68.1% | 59,241,158.00 | 76.6% | | Capital Projects Fund | 10,567,854.00 | 15.4% | 8,407,672.00 | 10.9% | | Social Services Fund | 897,285.00 | 1.3% | 866,126.00 | 1.1% | | Other Government Fund | 10,461,791.00 | 15.2% | 8,820,278.00 | 11.4% | | Total | 68,639,356.00 | 100.0% | 77,335,234.00 | 100.0% | The liquidity ratios describe financial metrics used to determine...
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...University of Greenwich Strategic Financial Management (FINA1035) Programme: UOG (3+0) BAAF Student ID: 000721005 Submission Date: 10th February 2014 Content Page 1. Introduction 3 Internal Analysis 2. Financial Analysis 4 3. Human Resource Management(HRM) Analysis 7 4. Marketing Analysis 8 5. Operational Analysis 10 6. Strength and Weakness of the Company 11 External Analysis 7. P.E.S.T.E.L. Analysis 12 8. Porter’s 5 forces 14 9. Critical Success Factors 16 10. Marketing Analysis 16 11. Opportunities 17 12. Threats 17 Current Strategies 13. Strategic Position 18 14. Proposed Strategies 18 15. Selection of winning Strategy: Feasibility 19 16. Description and Risk Assessment 20 References 21 Appendices 23 1. Introduction. Note: “All work within this report is taken from the case study unless referenced otherwise”. McDonald’s started as BBQ restaurant by (“mac and dick”) which also known as Maurice and Richard. The concept of the McDonald’s at that time was a typical drive in restaurant that offers variety of BBQ menu to choose from. The brothers realised that it is important for them to highlight the menu that get the intention the most. Mac and Dick eliminated McDonald’s carhops’ concept to make McDonald’s as a self- service operation. They also narrowed down the menu...
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...Statistics in Business Statistics is the science of collecting, organizing, analyzing, interpreting, and presenting data. Some experts prefer to call statistics data science, a trilogy of tasks involving data modeling, analysis, and decision making. In contrast, a statistic is a single measure, reported as a number, used to summarize a sample data set. Knowing statistics will make you a better consumer of other people’s data. You should know enough to handle everyday data problems, to feel confident that others cannot deceive you with spurious arguments, and to know when you’ve reached the limits of your expertise. Statistical knowledge gives your company a competitive advantage against organizations that cannot understand their internal or external market data. And mastery of basic statistics gives you, the individual manager, a competitive advantage as you work your way through the promotion process, or when you move to a new employer. Nominal Level of Measurement The nominal level of measurement is the lowest of the four ways to characterize data. Nominal means "in name only" and that should help to remember what this level is all about. Nominal data deals with names, categories, or labels. Data at the nominal level is qualitative. Colors of eyes, yes or no responses to a survey, and favorite breakfast cereal all deal with the nominal level of measurement. Even some things with numbers associated with them, such as a number on the back of a football jersey, are nominal since...
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...1. Consider the same items above in the horizontal analysis for the vertical analysis. A1c. Trend Analysis - The candidate provides a logical evaluation, with sufficient support, of the company’s strengths and weaknesses based on the trend analysis results. Some things to consider are: 1. What is trend analysis? 2. What information does a trend analysis provide, what does trend analysis tell you about Competition Bikes? Think about the company’s past performance and compare it to the forecasted performance. 3. What is the data telling you? Are there any concerns with the trend analysis going forward? A1d. Ratio Analysis - The candidate provides a logical evaluation, with sufficient support, of the company’s strengths and weaknesses based on the ratio analysis results. Some things to consider are: 1. Discuss all ratios, not just a few. 2. How does the current year compare to last year? How does the current year compare to the...
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...A Report on Ratio Analysis of BRAC Bank 1.0 Introduction 1.1 Origin of the Report To be an efficient business executive, a student of business study must have practical knowledge about the financial activities of any business organization. Financial Management (FIN 301) course is giving the theoretical knowledge of financial management activities but only theoretical knowledge cannot make students efficient. Ms. Nasreen Sultana, course instructor for this course gave an assignment on 28 November, to write a business report on ratio analysis of BRAC bank as a part of the study of this course. 1.2 Purpose of the Report Purpose of the report is to know financial performance of BRAC bank. This report will help to gather knowledge about financial performance of the bank and the improvement and decline in performance compared to the previous year. 1.3 Scope of the Report This report has been prepared only covering financial area of the bank with giving emphasize on ratio analysis taking data from annual report of the bank. 1.4 Methodology: For preparing this report, information has been mainly collected from the annual report of the BRAC bank and the bank's website. The various ratio analysis are used in the report, which were collected from the annual reports, and financial statements and the ratios that are not found in the annual report directly are calculated from the information provided in the annual reports. Ten ratios have been selected to judge the various...
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...A Term Paper On Performance Evaluation through Deposit Mobilization Of Private Sector Banks in Bangladesh – A Critical Analysis on Mutual Trust Bank Ltd.. A Term Paper On Performance Evolution through Deposit Mobilization Bangladesh Of Private Sector Banks in – A Critical Analysis on Mutual Trust Bank Ltd. Under the Guidance of Supervision of Mohammed Didarul Alam Associate professor Department of Accounting Govt. City College, Chittagong. Submitted By MEHRAJ UDDIN Roll: 9799577 Reg: 1794467 BBA (Hon’s.) Second Year Department of Accounting Govt. City College, Chittagong. Letter of Transmittal Date: Mohammed Didarul Alam Associate professor Department of Accounting Govt. City College, Chittagong. Subject: Submission of Term Paper . Sir, It is a great pleasure and privilege to present the term paper “Performance Evolution of Private Sector Banks in Bangladesh through Deposit Mobilization - A Critical Analysis on Mutual Trust Bank Ltd.” which was assigned to me as a partial requirement for the competition of BBA (Hon’s.). Throughout the study I tried with the best of my capacity to accommodate as mush information and relevant issues as possible and tried to follow the instructions as you have suggested. I tried...
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