Compagnie du Froid, S.A. Compagnie du Froid, S.A., one major ice-cream company, was evaluating its three regions’ performance, but the traditional bonus approach of paying 2% of corporate profits did not seem appropriate at this time. The three regions had different financial results and varied market conditions which include the poor performance of the Spanish region, the over 20% growth of France region, Italy’s achievement of sales goal and further expansion, and inter transfer of goods between
Words: 522 - Pages: 3
statements. 2. I made use of their profitability, revenue-generation, returns on asset and equity based on their audited financial statements (attached) for the years 2006, 2007, 2008 and 2009 retrieved from BusinessWeek – comparing the year-to-year fluctuations within the firms, and comparing the ratios between the companies. 3. Year over year, DMCI Holdings, Inc. has been able to grow revenues from Php 21.2 B to Php 29.7 B and had a revenue growth as high as 98.64%. On the other hand, SM Development
Words: 446 - Pages: 2
an array of medical policies to fit your needs. Their policies include areas such as accident, juvenile life, and lump sum cancer. Aflac is a prosperous company. The stock has been performing in the mid-50s range per share. In 2009, Aflac posted revenues of about $18 million. Their operating income that same year was around $2 million. Net income was around $1.5 million, and total assets were $84 million dollars. Although today we face economic challenges, the future of Aflac remains
Words: 390 - Pages: 2
CADBURY Kraft Foods Inc. (KFT) is the world’s largest food processing company with revenues of $40 billion (fiscal year 2009) which sells its products in more than 150 countries. We are familiar with many of its global brands – Oreo, Philadelphia Cream Cheese, Trident, Nabisco, Maxwell House and others. Its products are biscuits, confectionary, cheese, convenient meals and packaged groceries. About half of the revenues are from international markets. Kraft Foods is an attractive investment in which
Words: 2113 - Pages: 9
assets 361.4 sales 987 spon liabilities 161.4 change in sales 413.2 net profit margin 0.0348 retained earnings net income 34.3 1) sales in year t+1 1400.2 2) a) 70.62 0.2026 n b) 0.048 413.2 change in sales c) 1467.64 1538.32 1612.41 0.269 b 0.0348 net profit margin 3) a) 36.36% 1400.2 sales in year t+1 b) 36.73% c) 31.81% total equity 200.8 roe 0.171 4) a) 28.596 re/ni 0.269 b) 123.7 wo change
Words: 264 - Pages: 2
(Dillard’s Inc). Dillard’s current ratio is 2.275 million (current assets/current liabilities) that means that the company’s current asset should be able to satisfy near-term obligations. Asset utilization is 1.3518 million (net sales 6,226.63 (revenue)/total assets 4,606.33. Financial Leverage is 0.4225 million, which is total debts (973.50) /shareholders equity (2,304.10). This provides an indication of the long term solvency of the firm. Profit Margin is 0.0183 million, which is net income
Words: 1688 - Pages: 7
Executive Summary Recommendation: BUY Statoil ASA is a Norwegian energy company that specializes in the extraction and production of oil and natural gas in Norway and internationally. The globally integrated company focuses its business on the exploration, production, transportation, refining, and marketing of petroleum-based products. As the largest supplier of natural gas from the Norwegian Continental Shelf and across Western Europe, boasting a prominent position
Words: 2469 - Pages: 10
Accounting Changes and Error Corrections Chapter 20 Review Notes The accounting profession has identified two main categories of accounting changes: 1. Change in accounting estimate: these are considered to be part of the normal accounting process, not corrections or changes of past periods. Examples of changes in accounting estimates include bad debt expense, depreciation, residual values, and warranty obligations. A change in depreciation method is considered a change in
Words: 729 - Pages: 3
Assignment Task The four largest Australian Banks have faced considerable pressure from the community and the government in recent times. This pressure has arisen due to their interest rate increases in association with their high reported earnings. As accountants, we are responsible for preparing financial statements and “calculating” the profit figures. In your opinion, do you think the big banks are managing their reported earnings to show lesser profits than what they are actually earning
Words: 6575 - Pages: 27
UNDER ARMOUR: A Financial Analysis Under Armour Overview Under Armour Inc. (UA) was founded in 1996 by Kevin Planks whose company mission was to provide a premium t-shirt more suitable for athletic activity. By attacking a niche market, UA was able to establish a strong foothold in the t-shirt and base layer-clothing business and has grown rapidly as a result. To diversify its portfolio and reach a larger target market, UA has expanded its product lines in recent years to include footwear
Words: 11836 - Pages: 48
