Chapter 3 Ratio Analysis and Relationships
Ratio analysis shows the relationship among various accounts in the
financial statements, based on the mathematical relationship between one
quantity and another.
By custom, some relationships are shown as numb
Chapter 4 Profitability Ratios
RETURN ON EQUITY (RETURN ON INVESTMENT)
Uses information from both the balance sheet and the income statement;
in such situations, the balance sheet amount used should be the average
between the current statement amount and
Chapter 10 The effect of laws on the organization
A consciously coordinated social unit, composed of two or more people,
that functions on a relatively continuous basis to achieve a common goal
or set of goals
Believe casual days are progr
Chapter 6 Activity Ratios
1. ASSET TURNOVER RATIO
Indicates the efficiency of the firm in using its assets to generate sales.
Sales Cost of Goods Sold
Average Total Assets
Average Fixed Assets is sometimes used instead of Average Total Asset
March 9th, 2016
The current event/article I chose to analyze came from Maclean's magazine, date October 26th, 2015.
The article discusses the trial and subsequent appeal of the Shafia family(father, mother, and son) w