July 4, 2011 Anglo Irish Bank Corp. Ltd. Primary Credit Analyst: Sean Cotten, Stockholm (46) 8-440-5928; sean_cotten@standardandpoors.com Secondary Contact: Giles Edwards, London (44) 20-7176-7014; giles_edwards@standardandpoors.com Table Of Contents Major Rating Factors Rationale Outlook Related Criteria And Research www.standardandpoors.com/ratingsdirect 1 876943 | 301539251 Anglo Irish Bank Corp. Ltd. Major Rating Factors Strengths: • 100% ownership by the Irish government
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Business Analysis Looking through the past year we have noticed a decrease in our earnings per share (EPS). The reason for the trend is due to a low net income in 2012 and a high liability for 2013. So since our EPS was really low it tends to affect our price-earnings ratio. We see that this year we hit a negative number, which is not usual for the company, but in 2012 the number was really high. A high P/E ratio generally means that investors are anticipating for a higher growth in the future
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Horizontal analysis results After reviewing Competition Bikes Inc.’s financial statements I was able to analyze the different trends occurring within the company and discuss operational areas of concern. Overall net sales saw a significant increase from years 6 to 7 of 33%, but then fell 15% from years 7 to 8 which resulted in a decrease of $897,000 of revenue. The decrease was attributed primarily to the current economic situation. It looks like the company adjusted properly with the loss
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depreciation should be recorded Disclosure: lessees – finance leases [IAS 17.31] * carrying amount of asset * reconciliation between total minimum lease payments and their present value * amounts of minimum lease payments at balance sheet date and the present value thereof, for: * the next year * years 2 through 5 combined * beyond five years * contingent rent recognised as an expense * total future minimum sublease income under noncancellable
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THE ACCOUNTING REVIEW Vol. 88, No. 2 2013 pp. 463–498 American Accounting Association DOI: 10.2308/accr-50318 Managerial Ability and Earnings Quality Peter R. Demerjian Emory University Baruch Lev New York University Melissa F. Lewis University of Utah Sarah E. McVay University of Washington ABSTRACT: We examine the relation between managerial ability and earnings quality. We find that earnings quality is positively associated with managerial ability. Specifically, more able managers are
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Dell Inc: From Humble Beginnings to Computer Giant When you make the decision to purchase a computer, whether it is a tablet, desktop or laptop, the next choice is to select the company, and one of the candidates may very be Dell. Dell is a company that came from humble beginnings, the brainchild of the technologically savvy mind of Michael Dell in 1983 in his dorm room at the University of Texas. Michael Dell enrolled in the pre-med program at the urging of his parents who had a desire from him
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Summary Report: Operations Evaluation: Task 1 Courtney Nelson Western Governor’s University: Financial Analysis 1. Evaluation of Competitive Bikes, Inc.’s Strengths and Weaknesses based on analysis a. Horizontal Analysis Results When viewing a horizontal analysis statement it is important to know that the horizontal analysis is the study of the percentage of changes in comparative statements (Horngren, pg.746). Companies use horizontal analysis to determine the change in the percentage
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1. What is the purpose of identifying IT assets and inventory? a. amount of your assets that are ties up in inventory, Inventory/Assets x 100 ... The purpose of the present research project was to gain a holistic understanding 2. What is the purpose of an asset classification? a. Asset classifications identify and characterize similar assets, gathering them into groups, and making the assets easier to find. 3. For the scenario you picked, give three (3) examples of customer privacy data elements
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Citibank Case Study 1. There are mixed feelings in regard to how swiftly Citibank responded to their customers about the potential security breach. First the thorough investigation has to be appreciated. Citibank did make an immediate effort to identify where the problem originated and make corrective active to avoid any further possible instances. Maybe some warning could have been sent to all customers to watch for any unauthorized use of their accounts and to report it immediately because
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UNIVERSITY OF SUNDERLAND SUNDERLAND BUSINESS SCHOOL APC311 INTERNATIONAL FINANCIAL REPORTING Hand in date: - 7th April 2014 Aims: 1. To allow students to explore in greater detail the major learning outcomes of the module and to demonstrate a detailed knowledge and understanding thereof. To assess students’ ability to (i) (ii) (iii) (iv) 3. appropriately summarise and structure information identify relevant information from a given set of literature understand and argue the chosen relevant information
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