1. With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency?
GAP H&M Benetton Inditex
ROIC -0.15% 24.16% 11.20% 27.24%
Return on sales -0.06% 9.60% 7.05% 10.46%
COGS/sales 7
the net cash flow in the CFS from one year to the next should equal the increase or decrease of cash between the two consecutive balance sheets that apply to the period that the cash flow statement covers.
e. Check the main accounting policies of your company. Choose one interesting/doubtful accounting policy. Then, comment on the chosen accounting policy.
interest on the notes and repay the principal in 5 years(maturity)
- The yen is expected to be appreciated (vs. the baht) in the future
Annual % Change in Yen (vs. Baht)
Probability
0%
20%
2%
50%
3%
30%
But since its future is uncertain, CFO compiled the following probability
- These expected appreciation of the yen should be taken into consideration for effective financing
집단간의 행동은 사람들이 각각의 사회 집단들의 일원으로서 서로를 위해 행동하는 방법으로 간주한다. 예를 들어 산업 논쟁의 교섭자로서, 다른 팀의 지지자로서, 다른 민족 집단의 일원으로서 한 조직체의 다른 주의 대표, 등등으로 말이다. 관습적으로 집단간 편견, 민족주의, 성차별, 국가주의, 대
I. Introduction
1. Description of Fire Service Organization: the Organizational Structure and Function
Fire service agency consists of multi-step organizations; the Ministry of Public Safety and Security (NEMA) as the central government, headquarters in18 Si-dos (National Fire Academy, Coast Guard, etc. are excluded in this case) as the middle, fire station (including regional safety centers