Ratios
There are lots of financial ratios related to a firm. Each ratio consists of different kinds of indexes, therefore it shows various aspects of the company. Of course, ratios do not perfectly represent the firm. As mentioned above, non-financial factors can also affect the firm. However, it does not mean that financial ratios are useless. Ratios reflect the performance and the situation of
Ⅲ. Characteristics of New Pension System in Chile
1. Individual Capitalization Accounts (ICA)
In Chile, they have pension system that subscribers pay back from their individual accounts after retirement. Therefore this account have no income redistribution among inter-layers and no income transfer between generations that exist in korean pension system. ICA's contributions are not inc
2.1.4 Inventory Turnover ratio
Inventory Turnover ratio= Cost of goods sold / Average Inventory
Inventory Turnover ratio showing how many times a company's inventory is sold and replaced over a period. A low turnover implies poor sales and, therefore, excess inventory. A high ratio implies either strong sales or ineffective buying.
Commonly if this ratio high, company can decrease stor
rapid growth since 1963. Real GNP grew at an average annual rate of 9.0 percent between 1963-93. As a result, Korea's status changed from an underdeveloped country in the 1960s to an upper mid-level developing country in the 1990s. It is well known that foreign debt and the government's active economic policy played an important role in her economic growth. Korea's successful pursuit of an
foreign financial firms, Korean firms tend to treat their workers in terms of egalitarianism. It’s based on the Korean culture which emphasize on harmony and collectivism. However, their compensation system still guarantee incentives base on the workers’ own productivity rather than traditional wage policies based on seniority adapted in other industries in Korea. Promotion is also based more
How did POSCO manage to remain this rate of ROA and ROCE?
1) Expanding facilities and increasing investments in mine exploration.
2) Engaging in the rapidly growing Southeast Asia market and also the US market.
3) Strengthening global automotive steel sales and marketing infrastructure.
As a result, in 2008, POSCO accomplished record-setting production of 34.7 million tons and sales of 33
foreign manufacturers with lower wage, healthcare and benefit costs.
The Harsh Reality
The current state of U.S. auto industry is just disastrous. Analysis experts in manufacturing industry predict less than 50% production rate for the remaining year. Automakers announce their notable loss of sales and continue to slash their dealers and part suppliers. U.S. auto industry is staying afloa
I. Introduction
McDonalds and Burger King are two leading franchises in the fast-food industry which sells burgers, french fries, soft drinks, desserts and sandwiches. Fast-food industry used to be a prosperous industry. In 1970, Americans spent about $6 billion on fast food. In 2000, they spent more than $110 billion. Americans now spend more money on fast food than on higher education, perso
To our Shareholders, Associates and Customers: Let me begin by expressing how proud I am of everything our Associates have accomplished during the fiscal year ended January 31, 2004. Wal-Mart generated over $256 billion in global revenue, establishing a new record and adding more than $26 billion in sales. Your Company earned almost $9.1 billion in net income and grew earnings per share by over 1
ratios from their financial statements.
Ⅱ. Financial Ratio analysis
1. Liquidity
Liquidity refers to a company's ability to meet its current maturing debts. And it focuses on the relationship between current assets and current liabilities. With it, Creditors and analysts evaluate a company's short-term financial strength.
1.1. cash ratio
it is a means to measure the adequacy o