1. Introduction of the project
1) Purpose of project
Through the project, we want to build extensive knowledge about cruise industry and accounting analysis (common size analysis, comparative analysis, and ratio analysis). We believe that the project makes us accounting experts.
Cruise Industry has grown and continues to grow enormously in scale. It is frequently regarded as a small but sig
plans of each selected company).
And then, we are going to analysis Financial statement such as Common-size and Comparative analysis. Also we will analysis Firm performance measure, it will include market-based firm performance measures, accounting-based measures, leverage measures, liquidity measures.
At last, we will make our recommendation for investors rely on our analysis.
due to the Complex Market Structure
1) ‘Business Identity’ has become vague due to the businesses’ diverse strategy for change which had lead to homogeneity between the businesses with no particular differences
• Exclusively choosing to combine the strong points of different businesses without clearly bordering the differences between industries like the developed countries has lead
1. Introduction
(1) Introduction to the topic
On 14-15 April 2012, the 1st Trilateral Agricultural Ministers’ Meeting was hold in Jeju Island, Korea. Three countries discussed a lot of issues such as food security, infectious diseases of animals and plants, and economical cooperation for each other etc.
<15일 제주 롯데호텔에서 열린 제1차 한·중·일 농업장관회의에
1. Introduction of the Entire Project
Project purpose
We will take one step more in addition to analyzing the financial status of each company, and make suggestions at the companies’ point of view, and strategies for each country’s market. Thus, further realistic implications and practical applications to the real market will be suggested after the three kinds of analyses are done.
Especi
date longer stays than the traditional motel.
Marriott International is also the leading North American provider of institutional food services. The company markets food service and related facilities management specialties to companies, schools, and hospitals. It is also a leader in the growing field of assisted living centers and health care for the elderly, thanks in part to its $605-million
Examples – 소송, 상품적 결함, 다양한 기술적 혁신과 같은 특정기업에만 존재하는 고유의 위험
요구수익률에 거의 영향을 미치지 못한다.
- 분산투자를 통해 제거 가능하기 때문
예를들어,
위험투자의 주식시장의 가치가 국채를 10% 능가하고 주식의 Beta 계수가 1.25라고 할때
date their strategies, pursuing creative innovation). One of the best ways is to analyze the SWOT conditions of the company. SWOT is an objective measurement of the surroundings. An effective analysis of the strengths, weaknesses, opportunities, and threats provide the company with the potential to advance existing technologies and strategies.
Secondly, fast followers learn from the failur
2) mammonism
Mommonism is a one of serious problem. It is the phenomenon that people think that they can do everything if they have money. However, through industrialization age, people recognized that we have more important thing than money. If we seek only money and follow rich person, it is obvious that our society may be full of dimness and people would do everything to earn money regardless
Common size income statements
(%) 2009 2008 2007 2006 2005
sales 100 100 100 100 100
gross profit 0 7 17 10 8
operating income -4 3 11 5 4
income before income tax -10 1 9 4 4
net income -8 1 7 1 0
As we can see from the common size income statements, by something, gross profits have been affected a lot. So we look into gross profits in detail.
(4) Gross Profit in detail
(b