ABB India Ltd Performance Highlights (Rs in Crores) CY11 CY10 %change Revenue 7,721.23 6,638.16 16.32 Gross Profit 393.67 186.87 110.67 PAT 184.54 63.23 191.86 ABB India has bounced back with promising numbers with net profit jumping to about 191%. The Gross Profit has increased and this has been mainly due to the improvement in power system business. Performance RATING: SELL The Net sales of ABB has increased to about 10% and it has registered a EBITDA Margin of 5.6% in this quarter
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Summary of Case Facts Donna Corporation operates in the U.S and Italy, and it prepares its financial statements in accordance with the U.S. GAAP for US lenders and with the IFRS for U.K. parent. U.S. operation: As of December 31, 2012, Donna owns a commercial building that represents: A cash-generating unit (CGU) under IFRSs and a long-lived asset classified as held and used under U.S. GAAP. In December 2012, Donna’s competitor sold an identical commercial building much less than asking price
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Financial Analysis: 1. Operating Profit Margin Ratio: The operating profit margin ratio indicates how much profit a company makes after paying for variable costs of production such as wages, raw materials, etc. It is expressed as a percentage of sales and shows the efficiency of a company controlling the costs and expenses associated with business operations. Year | Operating Profit Margin Ratio (%) | Mar '12 | 12.22 | Mar '11 | 13.03 | Mar '10 | 12.18 | Mar '09 | 12.02 | Mar '08
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Case 09-6 UpBeat Inc. Tommy Toe, the controller of UpBeat Inc., a successful company located in Greenville, S.C., was whistling. Sales in the last quarter substantially exceeded budgeted amounts, and the order backlog indicated that the next quarter would be even better. All of a sudden, Tommy frowned. When he reviewed the monthly reporting package and cash flow projections, he noticed that the debt-to-equity ratio had deteriorated. This poses a problem under UpBeat’s debt covenants. In addition
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ACCT 5010 Intermediate Accounting II Practice Test, Chapter 14 Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. ____ 1. Changes in fair value of securities are reported in the stockholders' equity section of the balance sheet for which type of securities? a.|Marketable equity securities| b.|Available-for-sale securities| c.|Trading securities| d.|Held-to-maturity securities| ____ 2. When an investor uses the cost method
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Explaining Basic Accounting Concepts and Business Structures The Hierarchy of Generally Accepted Accounting Principles identifies the sources for the accounting standards and principles. These sources include “FASB Standards, Interpretations, and Staff Positions; APB Opinions; and AICPA Accounting Research Bulletins” (Kieso, Weygandt, & Warfield, 2007, p. 12). When companies prepare financial statements in accordance with GAAP, they sometimes run into situations in which some standards do not
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[pic] Financial Management Pre-course Assignment Question 1 The dividend discount model is a procedure for valuing the price stock by using the predicted dividends and discounting them back to present value. In other words, it is used to value stocks based on the net present value of the future dividends. In this model, it means if the value obtained from the dividend discount model is higher than the shares that are currently trading, then the stock is undervalued. Olympus
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1.1 ORIGIN OF THE TERM PAPER This term paper has been made as a part of our course Security Analysis and Portfolio Management (Course code # 4242), Mrs. Jafrin Sultana has assigned us this term paper in order to gain some practical knowledge about how to conclude on investment decision and analysis on the basis of various valuation approaches. The perspective of such a term paper is to make us familiar with the key factors of security market that affect the users in decision making. For this purpose
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of the annual report we must first define what an annual report is. According to our textbook an annual report is a statement that summarizes the financial results of a company’s operations for the year and its plans for the future (Accounting principles, 2009). When you look at Volkswagen’s annual report the first thing you notice is that they have many portions that make up the report. For the ease of understanding, they have segregated the financial documents into five streamlined categories:
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1. Ida needs to test the U.S. commercial building for recoverability under both U.S. GAAP and IFRSs. Recoverability test is one of the requirement tests for impairment. As a result, we need to verify if impairment should be recognized. 2. The impairement is $600,000. GAAP methodology of determining impairment uses a two-step recoverability test. Step one, requires a company to estimate the future undiscounted cash flows expected from the use of that asset and its eventual disposition. If impairment
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