Analysis Of Quick Ratio

Financial ratio analysis is used by two main users namely investors and management. Quick Ratio Cash and Cash Equivalents Marketable Securities Accounts Receivables Current Liabilities 2. In essence any quick ratio of 21 or better shows that a company is likely able to pay its short-term obligations. Those are the ones you use for the […]

Ago Audit Report 2019

During the year ended 31stDecember 2019 I concluded a total of 4496 audits which included 4211 financial audits comprising of 108 MDAs 114 Commissions Statutory Authorities and State Enterprises 97 projects 4 Production Sharing Agreements and 3888 Local Governments and Tertiary Institutions. Audit of GAOs Fiscal Year 2020 Fourth Quarter DATA Act Submission. It is […]

Three Types Of Cash Flow

3 Cash-Flow from Financing Analysis. Net Change in Cash The change in the amount of cash flow from one accounting period to the next. The three types of activities in a cash flow statement are. There are three types of cash flow that contribute to the cash flow of your business. This article throws light […]

Forecasting Cost Of Goods Sold

A Examining our competitors expenses and trying to match theirs. Usually when you forecast sales and cost of sales you use either the financial accounting or managerial accounting format. B Examining the historical of revenues these expenses comprise. Determine Direct and Indirect Costs The COGS calculation process allows you to deduct all the costs of […]

Profit From The Net

Net Profit Margin Net Profit Revenue Where Net Profit Revenue – Cost Profit percentage is similar to markup percentage when you calculate gross margin. Net profit refers to the amount of money left over after various expenses have been subtracted from the total revenue. By Manny Rutz When a new website is launched many of […]

Operating Activities Investing And Financing Example Of Assets Liabilities

Operating activities include cash activities related to net income. Financing activities include cash activities related to noncurrent liabilities and owners equity. Unbelievable Examples Of Operating Investing And Financing Activities. Interest revenue Dividends received Cash Outflows to. The Statement of cash flows b. Sales of goods or services ie sales revenue. Operating activities investing activities and […]

Zach Industries Ratio Analysis

Summarize the companys overall financial condition. Analyze Zach Industries financial condition as it is related to 1 liquidity 2 activity 3 debt 4 profitability and 5 market. Assume thatthe industry averages given in the table are applicable for both 2014 and 2015RatioIndustry AverageCurrent ratio18Quick ratio070Inventory turnovera250Average collection perioda375 DaysDebt ratio 65 6765Times interest earned ratio […]

T5013 Statement Of Partnership Income

When the T5013 slip is reporting amounts in boxes 118 121 123 125 and 127 this information is entered in the Partnerships total gross income line line under 108. Statement of partnership income. T5013-INST – Statement of partnership income – Instructions for Recipient. If your partnership has 3 million in revenue and 3 million in […]

Interim Financial Statements Sample

Interim financial statements sample. The Group produces half-year interim financial reports in accordance with AASB 134 Interim Financial Reporting at 31 December 2014. Generally accepted accounting principles for interim financial information. Xyz construction co inc. In the opinion of management all normal recurring adjustments considered necessary for a fair presentation have been included. The Interim […]