the net cash flow in the CFS from one year to the next should equal the increase or decrease of cash between the two consecutive balance sheets that apply to the period that the cash flow statement covers.
e. Check the main accounting policies of your company. Choose one interesting/doubtful accounting policy. Then, comment on the chosen accounting policy.
Interest expense are increase, So ROA is increase.
② Asiana airline
Asiana Air
04
05
06
ROA
7.05%
0.85%
3.53%
Net income is increased 100 billion won compare to last year. And Interest expense increased 40 billion won. total Assets also increase than last year. Net income is increased compare to increasing asset, Roa increase 2.7%. So I think investors could expect high expect
occurs depending on market conditions besides of that case.
Reason
1. According to economic conditions, it is different to impact on bond market.
2. Regardless of whether benchmark rate raise, this decision relieve the uncertainty of currency policy. So, this point take will be positive in bond market.
3. Psychological factors : Investors always predict to future prospects.
Interest and Tax / Sales
Abercrombie 2006 2007 2008
658,090 / 3,318,158 740,497 / 3,749,847 439,386 / 3,540,276
0.19832 0.19747 0.12411
GAP 2006 2007 2008
1,225 / 15,923 1,315 / 15,763 1,548 / 14,526
0.07693 0.08342 0.10656
Abercrombie has much higher Operating Income Margin ratio than GAP. However the difference between both companies’ Operating Income Margin is decreased apparent
Ⅰ. Intro; D-Ram market situation
There are big 4 companies competing each other; Samsung is running first on this race, remainings are Hynix, Micron, and Elpida. Samsung Electronics retains its proportion of 30% of the entire market, Hynix with latter half of the 10%, And the 2 remaining company Elpida and Micron are struggling with 10% proportion each.
In the industry of semiconductor,