2.2. The Definition of Ratio
Active Ratios
Receivables turnover
. Receivable Turnover Ratio is one of the accounting activity ratios, a financial ratio. This ratio measures the number of times, on average, receivables (e.g. Accounts Receivable) are collected during the period. A popular variant of the receivables turnover ratio is to convert it into an Average Collect
Late 1997 after the financial crisis due to interlayer polarization in the labor market share decline, the difficult living and low incomes continue to increase. since 2007 the global financial crisis, rising unemployment, income polarization, deterioration of family income, inflation, Household debt and interest burden due to increased sales of credit by various factors, including difficulties i
Even though most of their sales is from brokerage, HS has competitiveness in IB and Asset management in Korea market
HS achieved a record revenue of 24,136 million won in Dec 2009. (CAGR: 17.6%. 2007.03 ~ 2009.03)
It’s operating margin is 7.3% during recent three years.
In Dec 2009, HS asset is 110,083 million won. (CAGR: 11.1%. 2007.03 ~ 2009.03)
Korean securities market is relat
To be specific, we can explain about the expectation of 3/4 2010 by using following reasons. The first reason is that the East Asia’s market momentum including South Korea is reduced. Secondly, this is because the warning for China’s the policy of retrenchment. Final and important reason is that the investors still worry about what’s going on the Unites States market and EU’s market. In a
3) Put Option Valuation
A Pall Option confers the right on its holder, without the obligation, to sell the underlying asset at a certain date for a certain price. Only a little extra work is needed to value put options. Basically , we just pretend that a put option is a call option and use the Black-Scholes formula to value it. We then use the put-call parity condition to solve for the put valu