Finance
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Indicate for each of the following items whether it would appear on a balance sheet (BS) or an income statement (IS). If a balance sheet item, is it an asset (A), a liability (L), or an owners' equity item (OE)?
Assuming no additional investments by or distributions to owners, compute the missing amounts for companies X, Y, and Z.
Detienne Company manufactures and sells one product for $20 per unit. The unit contribution margin is 40% of the sales price, and fixed costs total $80,000.
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In financial analysis, we need qualitative information and try to read between the numbers. Ratio analysis can also help us to check whether a business is doing better this year than it was last year; and it can tell us if our business is doing better or worse than other businesses doing and selling the same things.
(www.bized.ac.uk)
Debt Management ratios measure the utilization of financial leverage by the firm and, indirectly, the level of risk the firm faces. They include the debt ratio, time-interest- earned ratio
Creditors would like to see a high times interest earned ratio?usually at least 2:1. Organization's solvency position is sound as it has high interest coverage ratio (2.08 times) and lower debt ratio (1.5 times) in the year 2005, Moreover there is improvement in these ...
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