A. Localization strategy: Success and failure of foreign store operation is determined by how closely it could approach to their culture and language. Focused the point that Chinese E-Mart Shanghai store is right Chinese enterprise and it’s not others because it is different from theirs.
Being tried to change the naming of the job title which co-workers could see each other in the viewpoint o
receivables as ordinary receivables. Since they are incorrectly acknowledging more account receivables than the actual amount of account receivables that they should, their shareholder’s equity became higher (due to an increase in net income), and thus the debt-to-equity ratio as well as the liquidity ratios of the company improved. These, in consequence, provide inaccurate information to the
ratio
Current ratio = Current assets / Current liabilities
Year 2009 2008 2007
ratio 1.16 1.20 1.23
The first liquidity index, current ratio is slightly decreased during last 3 years. Maybe the current liabilities are more roughly increased than the current assets increase as time goes by so the current ratio shows the decreasing trend.
(2) Quick ratio
Quick ratio = Cash + Marketable se
3. Ratio analysis
Test of Profitability
1) Return on Equity (ROE)
Return on equity relates income earned to the investment made by owner. This ratio reflects the simple fact that investors expect to earn more money if they invest more money. SK Energy’s ROE in 2008 is 13.1% (I already explained this measure above). As a result, SK Energy earned 13.1 percent on the owner’s investment. By co
based on price-earnings multiple
Valuation based on the ratio of
market price to book value of Equity
As you see the table, we can suggest to buy the DSME’s stock because the table shows us this stock is undervalued. But we, the investors have to recognize the limitations of multiple-valuations. If the benchmarks are changed, we can decide in another way from sensitivity analysis.
ratio than GAP. However the difference between both companies’ Operating Income Margin is decreased apparently in 2008.
(2) Additional Measures of Efficiency
Calculation
Sales / Long Term Assets
Abercrombie 2006 2007 2008
3,318,158 / 1,155,989 3,749,847 / 1,427,343 3,540,276 / 1,763,356
2.87040 2.62715 2.00769
GAP 2006 2007 2008
15,923 / 3,515 15,763 / 3,752 14,526 / 3,559
foreign exchange derivatives. The global falls in interest rates resulted in significant gaps between the fixed and floating legs of interest rate swaps. Widening credit spreads and increasing market volatility caused mark-to-market increases in the value of credit derivatives. After the crisis their percentage by 52% .Lower volatility within the financial markets, steepening yield curves in majo
travel and airline ticket sales.
We suggest that this is time to examine its financial status, as the best travel agency in Korea. Our team chose HANA TOUR, considering its major impact and consistent growth in tourism market. From now on, we will analyze this best travel agency's financial statement, stability, profitability, and activity by using relevant ratio analysis.
Awards
The current ratio is a financial ratio that measures whether or not a firm has enough resources to pay its debts over the next 12 months. It compares a firm's current assets to its current liabilities. It is expressed as follows:
A current ratio of assets to liabilities of 2:1 is usually considered to be acceptable.
중략
Current assets of service industry = 332,162,487 (단위 100
Introducing companies
1. Amore pacific
- Established : 1945 .
- IPO : 2006.6.29
- Brand : Amore pacific has 25 brands including Amore pacific, Hera, Iope, Mamonde, innisfree, Etuide. and so on
- Overseas business : 8 Countries including USA and Paris
2. Able C&C
- Established : 2000
- IPO : 2005. 2
- Brand : Able C&C has 3 Brands including Misha, A’pieu, Beautynet.
- Overseas busi