account turnover ratio is similar to industry average this may be due to the fact that McDonald’s is a stable and well established representative company of restaurant industry.
3. if your company 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
receivables?”
Exposed receivables are accountreceivables that have become uncollectible. Since Xerox has been recognizing rentals as sales, trying to pump up the short-term sales revenue, the total amount of rentals that was supposed to be received during the contract period has been recognized as accountreceivables at once. If Xerox managed to receive the total amount of rental-fees during
receivables?”
Exposed receivables are accountreceivables that have become uncollectible. Since Xerox has been recognizing rentals as sales, trying to pump up the short-term sales revenue, the total amount of rentals that was supposed to be received during the contract period has been recognized as accountreceivables at once. If Xerox managed to receive the total amount of rental-fees during
Receivables / Current liabilities
= Quick assets / Current liabilities
Year 2009 2008 2007
ratio 0.99 1.04 1.12
Quick ratio of Hyundai also slightly decreased as we can see right above. In conclusion, liquidity ratios consist of current ratio and quick ratio is gradually decreased so they need to raise liquidity little bit.
(3) Accountreceivable turnover
Accountreceivable turnover
E. Check the main accounting policies of NHN. Choose one interesting/doubtful accounting policy. Then, comment on the chosen accounting policy. More specifically, is it too aggressive, too conservative or reasonable in terms of the effects on the related accounting information, such as net income, ending balance of accountreceivable, etc.?
(1) revaluation of fixed assets
[as of 30.9.2009]