“Muhak”
is a Korean traditional liquor manufacturer.
The Company operates its business under two segments: liquor and steel. The Company distributes its liquor products to domestic market, as well as to the overseas markets, such as China, Vietnam and other Southeast Asian countries.
The business profit ratio of Muhak is 20.21% which is higher than average 35'8% of F&B industry. A high bu
b. Analysis of Business profit and ROE
Business profit
The operating profit of the Jinro is 19.66% and much more than the average profit which is 6.64%. Industry average operating profit margin declined for a while, but recently recorded an increase of 35.8 percent and increase again, while the ratio raised by 19.66 % recently, but the record was entered into decline, and continued again. A
If your company lists receivables, use the 10-K to determine what additional disclosure is available concerning the allowance for doubtful accounts.
In the CKE’s 10-K, the account ‘bad debt expense’ is only listed included in ‘administrative expense’. Except this account, any account related to bad debt and doubtful accounts couldn’t be found. Though the administrative expense is
lists receivables, use the 10-K to determine what additional disclosure is available concerning the allowance for doubtful accounts
-Additional disclosure concerning the allowance for doubtful accounts could not be found. However, generally allowance for doubtful accounts is the provision for doubtful accounts. It reflects the company’s credit ratings. It is because when contra asset increase