Quantum Moving Company has the following data. Industry information also is shown. As an industry analyst comparing
Question:
As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of:
a. Net income/Total assets.
b. Debt/Totalassets.
Transcribed Image Text:
Industry Data on Company Data Net Income/Total Assets Year 2011 2012 2013 Net Income $424,000 428,000 412,000 Total Assets $2,843,000 3,267,000 3,834,000 14.0% 9.8 3.9 Industry Data on Debt Total Assets $2,843,000 3,267,000 3,834,000 Debt/Total Assets Year 2011 2012 2013 $1,722,000 1,732,000 1,950,000 56.6% 42.0 38.0
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a Net incometotal assets Year Quantum Ratio Industry Ratio 2011 149 140 2012 131 98 2013 107 39 Alth...View the full answer
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Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
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Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
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