The domestic economy in japan was held down in

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The domestic economy in Japan was held down in particular by high debt levels and the appreciation of the yen in 2016. After a two-year downward trend, household spending increased, albeit at a moderate rate, while exports remained weak. Ultimately, only economic stimulus programmes prevented Japan from stagnating in 2016, with the GDP growth rate finishing at a modest 0.9 %. Thanks to its economic reforms, India posted a GDP growth rate of 7.0 %, achieving growth of at least 7.0 % for the third year in succession. By contrast, Russia and Brazil failed once again to pull out of recession. Although industrial production picked up in Russia, domestic consumption fell sharply, causing economic output to fall overall (– 0.6 %). Brazil, however, recorded its second consecutive year of deep recession (– 3.4 %). Figures for consumption expenditure (household and public sector) and business investments dropped to new lows. 4. Ratios 4.1. Formula ROA = Netincome Average totalcost Current Ratio = Current Asset Current Liabilities Debt ¿ Equity = Total Liabilities Total Equities Debt Turnover = Net Credit Sale Average Account Recievable Quick Ratio = Cash + Cash Equivalent + Short Term Investments + Current Recievable Current Liabilities Profit Margin = Net Income Net Sale 4.2. Ratio Calculation RATIO 2014 2015 2016 ROA 5798 8814 = 0.657 6369 9212 = 0.691 6863 9398 = 0.730 CURRENT RATIO 56797 59078 = 0.961 61778 65591 = 0.941 . 66864 67989 = 0.983 DEBT TO EQUITY 117091 37437 = 3.127 139131 42764 = 3.253 151708 47363 = 3.203 7 | P a g e BMW ANNUAL REPORT AND FINANCIAL STATEMENT
DEBT TURNOVER 2153 29080 = 0.074 2751 34600 = 0.079 2825 34991 = 0.080 QUICK RATIO 7688 + 7688 + 29080 59078 = 0.752 6122 + 6122 + 34600 65591 = 0.714 7880 + 7880 + 34991 67989 = 0.746 PROFIT MARGIN 5798 8814 = 0.657 6369 9212 = 0.691 6863 9398 = 0.730 5. Conclusion By looking at the figures, we can say totally BMW COMPANY had an upward or rising movement in every aspects .which means in both good side and bad sides.im going through detail in this part and will try to consider every ratios of this company in past 3 years. First of all ROA (return On asset) of this giant company was pretty good, by looking at the trends it can be seen that since 2014 which their ROA was 0.657 they rise to 0.730 in 2016, that shows this company earned income nearly 70% out of each unit of their asset.it also shows that if they keep continue this way they can reach the amazing 100% out of each unit in near future. Second ratio is current ratio.by looking at this ratio It can be seen that total asset of BMW is So close to their total liabilities .which rise from 0.961 in 2014 to 0.983 in 2016.so close to be equal. Debt to equity ratio of BMW show us that this company use more than 3 unit of liabilities to support their asset (stockholders) in the market .this ratio during past 3 years had fluctuation.in 2014 it was 3.127 and rise in 2015 to 3.253 and again downward movement in 2016 to 3.203 which show us that they had worst DTE ration in 2015 compare to other two. Next ratio is debt turnover. this ratio show us that BMW company not doing so well in collecting its debt also efficiency of using their asset not so high.by looking at trends for this factor it can be seen that in 2014, 2015, 2016 the ratio was 0.074, 0.079, 0.080 respectively .only positive part in this is that it had an upward movement in past few years even though so slowly.

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