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
A-2 EBIT
① Trend
EBIT is a measure of a company’s profitability which leaves out interest and taxes.[17] The following is the way how to find the EBIT.
EBIT=Operating Revenue-Operating Expense+Non operating Income
PepsiCo has consistent growth of EBIT for 10 years except for 2000 & 2008. Both two cases decreased in EBIT without the decrease in Revenue. In 2008, Bottling equity inc
tax 0.0% 0.9% 0.0% 1.3%
Net Earnings 2.2% 0.1% 1.0% 4.7%
Comments
- Both company's operating expenses are extremely high but Korean air has higher competitive advantage.
- Korean air's other income decreased heavily due to their decrease of gain on foreign exchange. Considering recent trend of weak Korean Won(\) currency, Korean air would probably show similar pattern(low other income and
The account receivable turnover is net credit sales/Average account receivable. Net credit sales is 12,101,184,389 and Average accounts receivable is 3,196,357,007. Therefore, the result is 3.78. The Inventory turnover is a measure of the number of times inventory is sold or used in a time period such as a year. The equation for inventory turnover equals the cost of goods sold divided by the aver
tax
it brings problems like quality degradation on school meals or manpower shortage – Balloon Effect
Diminishing the intermediate cost by direct connection with schools to rural societies
Giving selective support which is providing Free Lunch to whom are really needed
Parents who are relevant to Free Lunch program can apply to the district dong office personally
Installing ele