can make a high profit and give that profit to investors.
5. Quality of Income
If quality of income is above 1, it is considered to indicate high-quality earnings. If this ratio is below 1, it is considered as lower-quality earnings.
'Quality of Income' is computed (Cash flows from Operating Activity/Net Income). Revenue and Expense in income statement is recorded when they are generated
Analyzing financial statements involves evaluating three characteristics.
- Liquidity
- Profitability
- Solvency
Need for comparative analysis
- Intra-company basis
- Industry averages
- Inter-company basis
Tools of analysis
1.Horizontal analysis evaluates a series of financial statement data over a period of time.
2. Vertical analysis evaluates financial statement dat
Ⅰ. 개요
각국의 증권규제기관들이 독자적으로 자국의 시장을 규제하고 있는 현재의 상황에서는 필연적으로 각국의 증권법은 규제적 경쟁(regulatory competition)에 놓이게 된다. 즉, 각국의 증권시장은 더 많은 시장참여자들을 자국시장에 끌어들이기 위하여 타국의 시장과 경쟁하게 되고, 규제기관은 시
I. Introduction
1. Purpose of the Project
The purpose of this our group was to analyze two similar hospitality companies by using tools learned in accounting class. Based on annual reports of two companies, our group members learned how the terms learned in class is actually used in the report. We hope to understand how certain variation affects accounting items and identify why certain does
Ⅰ. 서론
경영혁신은 조직 구성원과 관계되는 새로운 계획 및 프로그램, 새로운 조직구조나 관리시스템 그리고 새로운 제품이나 서비스 또는 생산공정 기술을 포함하며 보통 해당조직에게 새롭게 인식되는 자체적으로 개발하거나 외부에서 획득한 기기, 시스템, 과정, 절차, 정책, 프로그램, 제품 및