The reason for our selecting Mittal Steel descends to one key question. How did a company which a few decades ago was only a single steel producing mill in India become the world’s largest and most global company? Mittal Steel, the world’s number one steel producer since 2005 achieved its success by taking a strategy, which in the past, was a drastic change for the industry – this was t
and decided to search for it.
We choose 3 accounting items of ‘Wage expense’, ‘Passenger revenue’, and ‘Fuel expense’ for Income Statement Analysis. For Balance Sheet Analysis we choose ‘Flight equipment’, ‘Air traffic liability’, and ‘Accumulated deficit’. Lastly, we went further on ‘Current Ratio’, ‘ROA’, and ‘Debt to asset’ among 5 Ratio analysis and reco
And it focuses on the relationship between current assets and current liabilities. With it, Creditors and analysts evaluate a company's short-term financial strength.
1.1. cash ratio
it is a means to measure the adequacy of available cash. Without cash, even a profitable business will fail.
It is computed as below :
※General
High Cash ratio means that the company has enough l
1. Definition of poverty
the state of one who lacks a certain amount of material possessions or money
Economical poverty
① objective poverty
absolute poverty
- inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter
relative poverty
- lacking a usual or socially acceptable level of resour
Hana Bank targets Woori Bank for acquisition
Woori Bank possessed government funds which made it to be controlled under government. By then, soon after it was about to be freed
Hana Bank suddenly changes its target to KEB*
(KEB* had many foreign stocks by which Hana Bank could get many criticism)
Acquisition of KEB* is made quickly and silently
Not very effective
Too muc