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Unformatted text preview: In-Class Group Work 3HRAD4523Important Terms Financial AnalysisFinancial analysis must go beyond the actual calculation and interpretation of ratios. The analysis should be conducted on three separate fronts:1.i.a.How has each ratio changed over time?1.i.b.How does each ratio compare to industry norms?1.i.c.How does each ratio compare with key competitors?Internal factor evaluation IFE (Internal factor evaluation) matrix is a strategic tool to evaluate internal factors of the company and determine the internal strengths and weaknesses. IFE is used for internal audit of functional area of business such as finance, marketing, IT, operations, accounts and others depend upon the nature of business and its size.Internal Factorsare extracted after deep internal analysis of the company. Obviously every company have some weak point and strong point that’s the reasons internal factors are divided into two categories namely strengths and weakness....
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- Spring '08
- Financial Ratio, Generally Accepted Accounting Principles, In-class Group Work