(Antle). Palepu, Krishna G., Paul M. Healy, and Victor L. Bernard, Business Analysis and Valuation: Using Financial Statements, Text Only, Southwestern (United States), fourth edition, 2004 (Palepu). Background: Accounting is called the language of business for at least two reasons. First, accounting terms such as sales, revenues, profit, net income, costs, gross margin, expense, and capitalize are widely used in business. Any businessperson is expected to understand those terms. Second
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Jargalsaikhan Table of Contents Key Information 3 Business Description 4 Industry Overview and Competitive Positioning 5 Porter’s Five Forces model 5 SWOT analysis 7 Financial Analysis 8 Cash Flows 8 Common size statements 9 Evaluating Internal Liquidity 11 Evaluating Operating Performance 12 Valuation 14 Dividend Discount Model 14 Present Value of Free Cash Flow to Equity 15 Present Value of Operating Free Cash Flow 17 Relative Valuation 19 Investment Risks 20 Investment
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BUDGETING Introduction and main points A comprehensive (master) budget is a formal statement of management’s expectations regarding sales, expenses, volume, and other financial transactions of the organization for the coming period. Simply put, a budget is a set of pro forma (projected or planned) financial statements. It consists of a pro forma income statement, pro forma balance sheet, and cash budget. A budget is a tool for both planning and control. At the beginning of
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Report on Disclosure of BASs & BFRSs By Golden Harvest Agro Industries Ltd. & Bangladesh Steel Re-Rolling Mills United International University QUEST FOR EXCELLENCE acade Report On: Golden Harvest Agro Industries Ltd. & Bangladesh Steel Re-Rolling Mills Limited Topic: Disclosure of BASs & BFRSs Course Title: Corporate Financial Reporting Course Code: AIS 4303 Submitted To: James Bakul Sarkar
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ACCOUNTING FOR THE IPHONE AT APPLE INC. 1. Articulate the financial statement impact of the alternative accounting proposed by Apple. The alternative accounting method proposed by Apple is the Non-GAAP supplements it will continue to provide during earning releases. We want to articulate the relevant financial statement impact compared to that of subscription accounting in the following ways: (1) One-year aspect Income Statement: Revenue and cost of sales will increase because it reverses the
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available, put N/A in Page No. box. | 15 | Chief Executive Officer Letter * May be labeled President’s, CEO’s or other top official’s message or letter to the shareholders * Not in SEC Form 10-K. Likely posted on company website if SEC Form 10-K used to satisfy the annual report to shareholders reporting requirement. If so put WEB in Page No. box. | 9-14 | Management’s Discussion and
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the tables. Be sure you understand all the numbers, as it would be most embarrassing if you were asked how you got a particular number, and could not give a meaningful response. 2. Based on the information in the case and on the results of your calculations in Question 1. prepare a list of Garden State’s strengths and weaknesses. In essence, you should look at the commonsized statements and each group of key ratios (for example, the liquidity ratios) and see what those ratios indicate about
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1: Introduction to accounting Multiple Choice 1. Which of these is a decision relevant to the accounting function of an entity? a. Whether debts can be repaid b. Finding the most cost effective way to produce goods c. The investment prospects of the entity d. None of the above e. All of the above 2. Under the Framework describes the qualitative characteristic of relevance as: a. information that is of value to users in decision making. b. information that can be classified. c. information that can
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large seasonal swings in business. The student is tasked with solving the dilemmas posed by the case. SUGGESTED TEACHING APPROACH We suggest assigning this case after coverage of a) financial statement analysis and b) opportunity cost of failing to take a cash discount. While collections of receivables and improving payments are implied as a solution to this situation, the real issue is the opportunity cost of failing to take a cash discount. 100% of the business of KHF involves credit purchases
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1.64 | 1.17 | Manufacturing Productivity | 0.02 | 1.00 | 0.80 | 1.00 | Financial Risk | 0.00 | 1.00 | 0.92 | 1.00 | Balance sheet:Top of Form | | Balance Sheet | | Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | Current Assets | Cash | 67,500 | 1,298,465 | 1,762,030 | 1,761,658 | + 3 Month Certificate of Deposit | 500,000 | 0 | 0 | 0 | + Finished Goods Inventory | 0 | 0 | 0 | 0 | Long Term Assets | + Net Fixed Assets | 1,100,000 | 1,054,167 | 1,608,333 | 2,637,500 |
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