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Financial management By Prof.  Augustin  Amaladas M. Com., AICWA., PGDFM., B.Ed. ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],*11.CAPITAL BUDGETING *9.LEVERAGES *8.CAPITAL STRUCTURE *7.SOURCES OF LONG  TERM AND MEDIUM TERM *5.CASH FLOW STATEMENTS 5.FUND FLOW STATEMENT *4.RATIOS *10.CAPITAL mARKET *3.FINANCIAL STATEMENTS *2.FORMS OF BUSS.ORG. 1.FINANCIAL FUNCTION *6.CAPITALISATION *13.CASH MANAGEMENT *14.RECEIVABLE MANAGEMENT *15.INVENTORY MANAGEMENT *16.DIVIDEND  POLICY *12.WORKING CAPITAL MANAGEMENT e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],L L L L L L Welcome by SCDL to AZtecsoft e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],GROWTH OF ACCOUNTABILITY KNOWLEDGE:FINANCIAL ACCOUNTING Cost accounting, Management Accounting Tax accounting and Management e-mail: aug_bang@yahoo.com  www.augustin.co.nr
FLOW OF CASH/SHORT TERM AND LONG TERM ,[object Object],information Accounts payable RAW mATERIAL ADR Bonds(281) Preference Shares Bad debts Accounts receivable Debtors Work in progress information Overheads Labour Equity  shares CASH GDR information Information Rights issue Leasing/Hr.Pur Reserves  Public deposits e-mail: aug_bang@yahoo.com  www.augustin.co.nr
FLOW OF CASH - LONG TERM ,[object Object],ADR Long term loans Preference Shares Equity  shares CASH Short term GDR land furniture investments goodwill building Patent rights Know how Copy right e-mail: aug_bang@yahoo.com  www.augustin.co.nr
FLOW OF CASH-SHORT TERM ,[object Object],information Accounts payable RAW mATERIAL Bad debts Accounts receivable Debtors Work in progress information Overheads Labour information Information Discounting bills creditors Cash credit Sale of investments Bad debts Bad  debts Issue of long term funds Sale of fixed assets Bank overdraft cash cash Commer Cial papers e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Working capital finance(361) ,[object Object],Inter corpo Rate deposits Trade credit Bills discounts Outstanding  Expenses Cash credit Packing credit overdraft Letter of credit loan Commercial papers pledge Hypothecation lien mortgage 1.Spontaneous 2.Bank guarantee 3.Fund based 4.Security e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Users of information and goals ,[object Object],organisation shareholders public Benefactors government banks Debenture holders Loan vendor Preference shareholders creditors debtors customers dividend liquidity Dividend/value in the share market Interest/return of capital Interest/return of capital Timely payment Timely supply Good product Less pollution Good name tax e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],Page-3 e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Scope of Financial Management ,[object Object],Capital Budgeting Management of  Mergers, reorganisation Financing Financial Analysis Management of Current Assets Method of Raising funds Implementation Determine Financing mix Financial Control Receivables Selection Identification Marketable Securities Cash Financial Forecasting Inventory Management Source identification Profit planning Dividend policy e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Role of Finance in a Typical Business Organization-page- 9 ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr Board of Directors President VP: Sales VP: Finance VP: Operations Treasurer Controller Credit Manager Inventory Manager Capital Budgeting Director Cost Accounting Financial Accounting Tax Department
Unit-2 Forms of Business organisation ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr My business!! My family?
Partnership ,[object Object],h Should we  build this plant? e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Mini computer ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr Ulta pulta Company Ltd.???
Nature of Financial Statements-Page-30 ,[object Object],Financial accounting 1. Introduction 2. Basic Accounting 3. Process of accounting 4. BRS 5. Rectification of Errors Final accounts e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Unit-3 Financial statements ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Chapter-2: Basics of financial accounting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
1.concepts& conventions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
a] Business entity concept- ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
b] Dual aspect concept ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
c] Going concern concept ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
d] Accounting period concept ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
e] Cost concept ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Exercise ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
f]  Money measurement concept ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
g] Matching Concept ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Conventions ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Coservativism ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Materiality ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Consistency ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
2.system of accounting  (26) ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
2.Mercantile ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Mercantile love!!!!??? ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Life Education ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],1.Production Prime Cost 1.Godown 1.canteen 2  Cost of sales 6.sales 5.profit 1.Factory administration 4.Sales and distribution 3.General administration Total cost Bin card Stores ledger Cost calculations/operating activity + + = + + Danger Facility  department Factory cost/ works cost e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Financial Statements ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Review:  Major Balance Sheet Items ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
An Example:  Dell  Abbreviated Balance Sheet-34 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
An Example:  Dell Abbreviated Income Statement-page-47 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Financial Statement Analysis ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Life education ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],Chapter Learning Objectives ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
What do you learn?? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Annual Report Contents ,[object Object],FOUR BASIC FINANCIAL STATEMENTS e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Annual Report Contents ,[object Object],FOUR BASIC FINANCIAL STATEMENTS e-mail: aug_bang@yahoo.com  www.augustin.co.nr 1
Annual Report Contents ,[object Object],FOUR BASIC FINANCIAL STATEMENTS FOOTNOTES TO THE FINANCIAL  STATEMENTS e-mail: aug_bang@yahoo.com  www.augustin.co.nr 1 2
Annual Report Contents ,[object Object],FOUR BASIC FINANCIAL STATEMENTS FOOTNOTES TO THE FINANCIAL  STATEMENTS SUMMARY OF ACCOUNTING METHODS e-mail: aug_bang@yahoo.com  www.augustin.co.nr 1 2 3
Annual Report Contents ,[object Object],FOUR BASIC FINANCIAL STATEMENTS FOOTNOTES TO THE FINANCIAL  STATEMENTS SUMMARY OF ACCOUNTING METHODS MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL STATEMENTS e-mail: aug_bang@yahoo.com  www.augustin.co.nr 1 2 3 4
Annual Report Contents ,[object Object],FOUR BASIC FINANCIAL STATEMENTS FOOTNOTES TO THE FINANCIAL  STATEMENTS SUMMARY OF ACCOUNTING METHODS MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL STATEMENTS AUDITOR’S REPORT e-mail: aug_bang@yahoo.com  www.augustin.co.nr 1 2 3 4 5
Annual Report Contents ,[object Object],FOUR BASIC FINANCIAL STATEMENTS FOOTNOTES TO THE FINANCIAL  STATEMENTS SUMMARY OF ACCOUNTING METHODS MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL STATEMENTS AUDITOR’S REPORT COMPARATIVE FINANCIAL DATA FOR A SERIES OF YEARS e-mail: aug_bang@yahoo.com  www.augustin.co.nr 1 2 3 4 5 6
Financial Statement Analysis ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Financial Statement Analysis ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Financial Statement Analysis ,[object Object],MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL STATEMENTS 4 e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Financial Statement Analysis-page-51 ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Tools to Evaluate Financial Information ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Tools to Evaluate Financial Information ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr 1
Tools to Evaluate Financial Information ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr 2 1
Tools to Evaluate Financial Information ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr 3 2 1
Perform a horizontal analysis of comparative financial statements ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Tools to Evaluate Financial Information ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Tools to Evaluate Financial Information ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr 1
Horizontal Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Horizontal Analysis ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Horizontal Analysis ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Horizontal Analysis ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Horizontal Analysis ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Horizontal Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Horizontal Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Horizontal Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Horizontal Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Trend Percentages ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Trend Percentages ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Trend Percentages ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Trend Percentages ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Trend Percentages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Trend Percentages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Trend Percentages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Trend Percentages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Trend Percentages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Trend Percentages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Trend Percentages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Horizontal Analysis and  Trend Percentages: A Summary ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Vertical Analysis ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Vertical Analysis ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr 2
Vertical Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Vertical Analysis ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Vertical Analysis ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Prepare common-size financial statements for benchmarking against the industry average and key competitors ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Common-Size Statements ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Common-Size Statements ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Benchmarking Against the Industry Average ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],Benchmarking Against Key Competitors ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Benchmarking Against Key Competitors ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Life education e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Interpretation of Financial Statements-Ratio Analysis-Unit-4 ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Interpretation of Financial Statement Analysis( Ratio Analysis)-page 55- Unit-4 By Prof. Augustin Amaladas ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],PROCTER & GAMBLE and BRISTOL-MYERS SQUIBB ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],PROCTER & GAMBLE and BRISTOL-MYERS SQUIBB ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],PROCTER & GAMBLE and BRISTOL-MYERS SQUIBB ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Opening Vignette -  Bristol-Myers Squibb ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Opening Vignette -  Bristol-Myers Squibb ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Opening Vignette -  Bristol-Myers Squibb ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],Opening Vignette -  Bristol-Myers Squibb ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Opening Vignette -  Bristol-Myers Squibb ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Opening Vignette -Bristol-Myers Squibb ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],Opening Vignette -  Bristol-Myers Squibb ,[object Object],Although P&G’s sales were higher e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Bristol-Myers’ return on sales was nearly twice that of P&G e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Financial Statement Analysis ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Financial Statement Analysis:  Lecture Outline ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Financial Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The Main Idea ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Review:  Major Balance Sheet Items ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
An Example:  Dell  Abbreviated Balance Sheet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Absorption Costing vs. Variable  Costing Income Statements   ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Absorption Costing Income Statement ,[object Object],Sales XXX Cost of Goods Sold: Beginning inventory XXX Cost of goods manufactured XXX   Cost of goods available XXX Ending inventory XXX Cost of goods sold XXX Gross Margin XXX Operating Expenses: Selling XXX Administrative XXX XXX Income before Taxes XXX e-mail: aug_bang@yahoo.com  www.augustin.co.nr
ABSORPTION COSTING PRO-FORMA ,[object Object],  ££Sales Revenue  xxxxx Less  Absorption Cost of Sales     Opening Stock (Valued @ absorption cost)  xxxx   Add   Production Cost (Valued @ absorption cost)  xxxx  Total Production Cost  xxxx  Less   Closing Stock (Valued @ absorption cost)  (xxx)   Absorption Cost of Production  xxxx Add   Selling, Admin & Distribution Cost  xxxx Absorption Cost of Sales   (xxxx) Un-Adjusted Profit   xxxxx Fixed Production O/H absorbed  xxxx  Fixed Production O/H incurred  (xxxx)  (Under)/Over Absorption   xxxxx Adjusted Profit  xxxxx e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Variable Costing   Income Statement ,[object Object],Sales XXX Cost of Goods Sold: Beginning inventory XXX Cost of goods manufactured XXX   Cost of goods available XXX Ending inventory XXX Variable cost of goods sold XXX Product Contribution Margin XXX Variable Selling Expense XXX Total Contribution Margin XXX Fixed Expenses: Factory XXX Selling XXX Administrative XXX XXX Income before Taxes XXX e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Marginal costing cost sheet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
An Example:  Dell Abbreviated Income Statement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Objectives of Ratio Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Rationale Behind Ratio Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],Benchmarking Against Key Competitors ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Using Ratios to Make Business Decisions ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],Using Ratios to Make Business Decisions ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr 3
Types of Ratios-59 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Using Ratios to Make Business Decisions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Using Ratios to Make Business Decisions ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Measuring the Company’s Ability to Pay Current Liabilities-Page-59 ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Measuring the Company’s Ability to Pay Current Liabilities ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Measuring the Company’s Ability to Pay Current Liabilities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Using Ratios to Make Business Decisions ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ability to Pay Current Liabilities ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ability to Pay Current Liabilities ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ability to Pay Current Liabilities-page-59 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ability to Pay Current Liabilities-page-60 ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ability to Pay Current Liabilities ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ability to Pay Current Liabilities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Measuring the Company’s Ability to Sell Inventory and Collect Receivables ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],Measuring the Company’s Ability to Sell Inventory and Collect Receivables-page-63 ,[object Object],1 e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Measuring the Company’s Ability to Sell Inventory and Collect Receivables ,[object Object],1 2 e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],Measuring the Company’s Ability to Sell Inventory and Collect Receivables ,[object Object],1 2 3 e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Inventory Turnover-page-63 ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr 2008
Inventory Turnover ,[object Object],[object Object],[object Object],[object Object],[object Object],Sales   $25,265.00 Costs of Goods Sold  -$19,891.00 Gross Profit   $5,374.00 Cash operating expense    -$2,761.00 EBITDA  2,613.00 Depreciation & Amortization    -$156.00 Other Income (Net)   -$6.00 EBIT   $2,451.00 Interest   -$0.00 EBT   $2,451.00 Income Taxes   -$785.00 Special Income/Charges    -$194.00 Net Income (EAT)   $1,666.00 Average inventory  $ 4000 Average debtors  $5000 e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Inventory Turnover ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Accounts Receivable Turnover-page-65 ,[object Object],[object Object],[object Object],$ e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Accounts Receivable Turnover ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],Accounts Receivable Turnover ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Days’ Sales in Receivables ,[object Object],[object Object],[object Object],$ e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],Days’ Sales in Receivables ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Measuring the Company’s Ability to Pay Long-Term Debt-67 ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Debt Ratio-page-67 ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Debt Ratio-page 67 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Debt Ratio ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Debt Ratio ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Debt Ratio ,[object Object],[object Object],[object Object],[object Object],LOANS, NOTES, BONDS, ETC. e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Debt Ratio ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],Debt Ratio ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Times-Interest-Earned Ratio-page-70 ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Times-Interest-Earned Ratio ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Times-Interest-Earned Ratio ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sales   $25,265.00 Costs of Goods Sold  -$19,891.00 Gross Profit   $5,374.00 Cash operating expense    -$2,761.00 EBITDA  2,613.00 Depreciation & Amortization    -$156.00 Other Income (Net)   -$6.00 EBIT   $2,451.00 Interest   -$0.00 EBT   $2,451.00 Income Taxes   -$785.00 Special Income/Charges    -$194.00 Net Income (EAT)   $1,666.00 Average inventory  $ 4000 Average debtors  $5000 e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],Times-Interest-Earned Ratio ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],Times-Interest-Earned Ratio ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Measuring a Company’s Profitability ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],Measuring a Company’s Profitability ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Measuring a Company’s Profitability ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],Measuring a Company’s Profitability ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],Measuring a Company’s Profitability ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],Measuring a Company’s Profitability-page-74 ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],Return on Sales ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Return on Sales-Net profit ratio-73 ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Return on Sales ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sales   $25,265.00 Costs of Goods Sold  -$19,891.00 Gross Profit   $5,374.00 Cash operating expense    -$2,761.00 EBITDA  2,613.00 Depreciation & Amortization    -$156.00 Other Income (Net)   -$6.00 EBIT   $2,451.00 Interest   -$0.00 EBT   $2,451.00 Income Taxes   -$785.00 Special Income/Charges    -$194.00 Net Income (EAT)   $1,666.00 $1,666.00 Average inventory  $ 4000 Average debtors  $5000 e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],Return on Sales ,[object Object],Net Income e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],Return on Assets-74 ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Return on Assets ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],Return on Assets ,[object Object],Sales   $25,265.00 Costs of Goods Sold  -$19,891.00 Gross Profit   $5,374.00 Cash operating expense    -$2,761.00 EBITDA  2,613.00 Depreciation & Amortization    -$156.00 Other Income (Net)   -$6.00 EBIT   $2,451.00 Interest   -$0.00 EBT   $2,451.00 Income Taxes   -$785.00 Special Income/Charges    -$194.00 Net Income (EAT)   $1,666.00 Average inventory  $ 4000 Average debtors  $5000 Average total assets  $9000  e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Return on Assets  ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],Return on Assets ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Return on Equity-75 ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Return on Equity ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Return on Equity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Earnings Per Share-77 ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Earnings Per Share ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Earnings Per Share ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Earnings Per Share ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Analyzing the Company’s Stock as an Investment ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],Analyzing the Company’s Stock as an Investment ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],Analyzing the Company’s Stock as an Investment ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Price/Earnings Ratio-77 ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],Price/Earnings Ratio ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],Price/Earnings Ratio ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],Price/Earnings Ratio ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Price/Earnings Ratio ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],Price/Earnings Ratio ,[object Object],Calculating the P/E ratio Market value of stock Earnings per share e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Price/Earnings Ratio ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Price/Earnings Ratio ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
P/E ratio ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Dividend Yield ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Dividend Yield ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Dividend Yield-78 ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Dividend Yield ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Book Value ,[object Object],[object Object],[object Object],DEBIT CREDIT e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Book Value ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Review:  Major Income Statement Items ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Life education ,[object Object],Thomas Cooper –Dictionary e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Accounting Test Question No IFS 4: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Answer to Accounting  Test Question IFS No 4 : ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Accounting Test Question No IFS 2: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Answer to Accounting  Test Question IFS No 2 : ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Answer:3 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Some difficulty in ratios ,[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Exercise problems-103 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Exercise-2. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Exercise-3 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Exercise-4 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Prob.13. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Prob.12 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Prob.9 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Chapter Objective 5 Use ratios in decision making ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Limitations of Financial Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Limitations of Financial Analysis ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Limitations of Financial Analysis ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Limitations of Financial Analysis ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Limitations of Financial Analysis ,[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The Complexity of Business Decisions ,[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
An Example:  Dell  Abbreviated Balance Sheet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Liquidity Ratio Examples:  Dell ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratio Comparison:  Current Ratio ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],Leverage Ratio Examples: Dell ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratio Comparison:  Debt Ratio ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Profitability Ratio Examples: Dell ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Profitability Ratio Examples: Dell ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratio Comparison:  ROE ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratio Comparison:  ROA ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratio Comparison:  Profit Margin ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Activity (Turnover) Ratio Examples:  Dell ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratio Comparison:  Asset Turnover ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The DuPont System ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The DuPont System ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The DuPont System ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The DuPont System ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The DuPont System ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The DuPont System:  Dell ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
A Note on Sustainable Growth and Stock Returns ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Example:  Predicted Sustainable Growth for Dell ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Summary of Financial Ratios ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Limitations of Ratio Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratios and Forecasting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
How Might Ratios Help Me on the IEM? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Financial Statement Analysis:  Lecture Outline ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Financial Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Sources of Data ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The Main Idea ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
An Example:  Dell  Abbreviated Balance Sheet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Review:  Major Income Statement Items ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
An Example:  Dell Abbreviated Income Statement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Objectives of Ratio Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Rationale Behind Ratio Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Types of Ratios ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Liquidity Ratio Examples:  Dell ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratio Comparison:  Current Ratio ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],Leverage Ratio Examples: Dell ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratio Comparison:  Debt Ratio ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Profitability Ratio Examples: Dell ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Profitability Ratio Examples: Dell ,[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratio Comparison:  ROE ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratio Comparison:  ROA ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratio Comparison:  Profit Margin ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
[object Object],[object Object],Activity (Turnover) Ratio Examples:  Dell ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
Ratio Comparison:  Asset Turnover ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The DuPont System ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The DuPont System ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The DuPont System ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.nr
The DuPont System ,[object Object],e-mail: aug_bang@yahoo.com  www.augustin.co.
Financial Management SCDL
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Financial Management SCDL
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