Tuesday, May 26, 2020

Tips On Writing An Interesting Analytical Essay Topic

Tips On Writing An Interesting Analytical Essay TopicWriting an interesting analytical essay topic should not be too difficult. If you have the proper attitude, knowledge and skills, you can do it easily. The most important aspect of writing an analytical essay topic is that you have to generate interest in the reader's mind by creating a question or an issue that he or she has the capability to solve.The first step in writing an interesting analytical essay topic is to learn the appropriate grammar. You should master all the basic rules of grammar before you start writing. Good grammar will keep your readers' attention and let them have fun while reading your paper. Good grammar is the key to making your writing interesting. As a result, you can be sure that your essay is unique and there are people who are interested to read it.You are not a creative writer, so you need to make sure that your writing style is grammatically correct. In order to write an analytical essay topic, you n eed to have a good, clear and logical mind. You must have proper comprehension on the concepts that you are writing about.To generate interest in the analytical essay topic, you can try to use a colloquial language or use metaphors. The writing style should follow the rules of grammar because it will develop the grammar rules. If you want to go ahead and write an interesting analytical essay topic, you have to learn all the right techniques.The most important aspect of writing an interesting analytical essay topic is to make sure that you give your readers what they want to read. If you are writing on a certain subject, then you have to know the importance of giving people what they want to read in order to get interested in the topic.If you are writing an interesting analytical essay topic, you have to know the benefits of the topic. The topics must be considered as the beginning of a discussion on a particular subject. After that, the discussion continues by discussing the results of the research or study. After the discussion of the benefits of the topic, the next topic is to discuss the issues that you would have if you were to choose the subject.The next step in writing an interesting analytical essay topic is to include all the important aspects that you consider important. You must include all the aspects that you have researched in order to make your topic interesting. When writing an analytical essay topic, you must know how to write it and so you have to write it correctly, have an attractive style and find a suitable topic.

Saturday, May 16, 2020

Macro-Environmental - 3352 Words

Executive SummaryThe macro-environment consists of larger societal forces that affect entire micro-environment. The six forces making up the company’s macro-environment include demographic, economic, natural, technological, political/legal, and social-cultural forces. Companies must constantly watch and adapt to the marketing environment in order to seek opportunities and ward off threats. â€Å"The marketing environment comprises all the actors and forces influencing the company’s ability to transact business effectively with its target market† (Armstrong and Kotler 2003, p.149). In this report, use PEST to analyze macro-environment forces how to impact on PepsiCo in China. As we know, the PepsiCo was the first U.S. company to distribute its†¦show more content†¦According to Chinese government’s regulation, a new bottling plant currently requires about three-year wait for government approval, and concentrate production volume must be re-authorize d annually. In addition, PepsiCo has a global strategy of TV advertising, PepsiCo has included everything from Chinese zodiac animals to Spring Festival couplets in its television commercials. This approach, combined with relatively long advertising history in the country has made Pepsi Cola the most recognized soft-drink brand in China. However, government’s policy and regulation can also impact on the company’s market strategy. Being a communist country, in China, although people now are very much free of expression in ordinary life, there is still no free media. The media is still very controlled by the government and there is always the risk of having more regulations especially to foreigners. †¢The economic environmentThe health of the economy influences how much consumers spend and what they buy. Consumer buying plays an important role in the economy’s health—indeed, consumer outlays make up some two-thirds of overall economic activity. According to Boone and Kurtz (n.d.), economic environment consists of those factors that influence consumer buying power and marketing strategies. They include the stage of business cycle, inflation, unemployment, resourceShow MoreRelatedMarketing Micro and Macro Environmental Factors1669 Words   |  7 PagesMacro and micro environments both fall into the categories of environmental scanning. The general scope of environmental scanning is that it is a component of global environmental analysis. While anal yses are typically carried out on the macro environment, the micro environment still has an important role to play. In summary, the macro environment is involved with the industries, companies, markets, clients and competitors, while the micro environment can be represented by the suppliers, competitorsRead MoreMacro Environmental Factors of Ge613 Words   |  3 PagesGeneral Electric has invested in as they vary in terms of resources available. Among the countries with the highest rate of technology advancement are United States and Japan which General Electric has ventured into (General Electric, 2009). e) Environmental- f) Legal- Conclusion As a result of multinational companies having to deal with different sets of political, economic, social-cultural and technological aspects, designing a PEST analysis exclusive to General Electric was almostRead MoreMacro-Environmental Analysis for Marketing1882 Words   |  8 Pagesappropriate strategy to implement. A market by definition and be surmised at being â€Å"the set of all actual and potential buyers of a product† (Kotler, 1998). The yoghurt market consists of all the actual and potential buyers of yoghurt products. 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Imagine that you are to offer a seminar on the social/cultural environment of Vietnam to foreign businessmen and marketers. Discuss at least three elements of the cultural environment that foreign businessmen should be aware of when doing business in Vietnam. Use specific examples referring to real-life businesses, brands, marketing activities, etc. to supportRead MoreSingapore Airline Macro Environmental Factors1075 Words   |  5 PagesDIPLOMA IN MANAGEMENT STUDIES (FULL TIME) 39TH INTAKE/ SEMESTER 1 (JULY 2012) BUS001-ENGLISH FOR BUSINESS LECTURER: EMILY PAKIVATHY D/O PAUL THIYAGARAJ CA1 NAME: NWE NI HLAING FIN NO: G1157533T CLASS: D SECTION A: PARAGRAPH WRITING 1) SECONDARY SCHOOL STUDENTS 2) WORKING ADULTS IN THEIR 30S SECTION B: CRITICAL REPSONSE TO AN ARTICLE 1) EXPLAIN THE ARTICLE’S THESIS 2) CRITICAL RESPONSE TO THE ARTICLE’S IDEAS SECTION A Question 1 As a secondary student, you may wonder how to acquire knowledgeRead MoreSwot and Macro Environmental Analysis of Nordstrom1664 Words   |  7 PagesNordstrom was co founded 1901 by a 30 year old man named John W Nordstrom and his partner Carl Wallin. At age 16, John W of Sweden left his home and moved to Alaska where he struck gold. While in Alaska, he met a man named Carl Wallin, â€Å"who owned a shoe repair shop in downtown Seattle† (Nordstrom Employee, 2006). The two decided form a partnership and open a shoe store entitled Wallin amp; Nordstrom. Right form the start, the business philosophy was â€Å"based on exceptional customer service,Read MoreSingapore Airline Macro Environmental Factors1083 Words   |  5 PagesDIPLOMA IN MANAGEMENT STUDIES (FULL TIME) 39TH INTAKE/ SEMESTER 1 (JULY 2012) BUS001-ENGLISH FOR BUSINESS LECTURER: EMILY PAKIVATHY D/O PAUL THIYAGARAJ CA1 NAME: NWE NI HLAING FIN NO: G1157533T CLASS: D SECTION A: PARAGRAPH WRITING 1) SECONDARY SCHOOL STUDENTS 2) WORKING ADULTS IN THEIR 30S SECTION B: CRITICAL REPSONSE TO AN ARTICLE 1) EXPLAIN THE ARTICLE’S THESIS 2) CRITICAL RESPONSE TO THE ARTICLE’S IDEAS SECTION A Question 1 As a secondary student, you may wonderRead MoreExternal Macro Environmental Factors of the Starbucks Brand1067 Words   |  5 PagesAleishia Wiley 07/11/2011 Marketing Fundamentals External Macro Environmental Factors of the Starbucks Brand It’s been 40 years since Starbucks was founded in 1971, and a lot has changed since they first opened their doors as a small store front is Seattle’s Pikes Place Market. Their headquarters is still based out of Seattle where they got their start but Starbucks has built a brand that is recognized throughout 50 countries across the globe. Despite small changes over the years the Siren

Wednesday, May 6, 2020

Political Parties And The Democratic Party - 984 Words

When looking at the history of US political parties, and classifying these parties into distinct party systems, five separate periods emerge leading up to the current party system. When classifying these party systems, it is important to look at characteristics such as the number of major parties, how these parties seek to gain support, and how the parties organize themselves. The earliest American parties were relatively centralized organizations that represented elite level concerns. They formed mainly at the national level, with low levels of grassroots connections. The first national party to come to prominence was the Federalist Party, who were opposed by the Democratic-Republican Party. The main cleavage that divided these parties was the degree to which the federal government should be centralize power. With the Federalist Party arguing for a stronger role and the Democratic-Republican Party supporting greater rights for the states. Both the modern day Democrats and Republica ns are the result of a fracturing of the Democratic-Republican Party. Internal conflict caused by the expansion of the country and the issue of slavery caused the party to split and form the Democrats and with the remaining faction joining with the Whig Party to Oppose the Democrats. Further division on slavery caused the Whigs to also fracture, giving rise to the Republican Party, who arose as the anti-slavery faction of the party. During the period following the US Civil war, strong regionalShow MoreRelatedPolitical Parties And The Democratic Party Essay1340 Words   |  6 PagesIntroduction: Originally political parties were seen as skeptical by our Founding Fathers and therefore opposed. However, today our government has political parties. Political parties attempt to gain control of the government and influence its decisions. The two most influential parties in American government are the Republican and Democratic Party. These two parties have very contrasting beliefs which they present in their platforms. Democrats believe in â€Å"the need for intervention by governmentRead MorePolitical Parties : The Democratic Party954 Words   |  4 PagesKelly Kidwiler Table 3 Essay on political parties September 19, 2015 The Democratic Party today is facing many problems many of which, can be overcome. As the head of the Democratic Party I have solutions to the problems that we face as a party. The main obstacles that we face today include: increasing our voter turnout, attracting new millennial voters and securing the Latino vote in the upcoming election. If these issues are addressed we are on track to have a very successful election. TheRead MoreThe Political Party At The Democratic Party1264 Words   |  6 PagesInternet Assignment Political Party Research: 1. I am attracted to the Democratic Party. I took the political party quiz and answered the questions as honestly as I could. I found the questions to be very interesting and versatile. After viewing my results I looked into The Green Party some more. I am basically an environmentalist and believe taxes are affecting the lower classes and something needs to be done about it. I agreed with all of these issues. 2. The top 5 issues are jobs, families, healthRead MorePolitical Parties And The Democratic Party2072 Words   |  9 PagesEssay Throughout U.S. history there have been two political parties who compete against each other, in order to run the nation. These political parties are known as the Republican Party, commonly known as the Grand Old Party, and the Democratic Party. Each party has a symbol of representation, in particular the elephant symbolizes the Republican Party. Thomas Nast created this symbol to portray that the Republicans are strong and dignified. The party was founded through antislavery activist and theRead MorePolitical Parties And Democratic Parties1358 Words   |  6 PagesThe political party is an organization of people who share similar ideas about the way the country should be governed. Political parties perform important tasks in government. In fact, â€Å"political parties select candidates and check the other party. Political parties also inform the public. Most importantly, they organize the government† (Political Parties, n.d.). The history of U.S political parties begins with the Federalists and their opponents the Anti-Federalists who became the Democratic-RepublicansRead MorePolitical Parties And Democratic Parties2752 Words   |  12 Pages â€Å"A political party is defined as an organised group of people with at least roughly similar political aims and opinions, that seeks to influence public policy by getting its candidates elected to public office,† (Roles and Definition of Political Parties). A person’s opinions on certain issues helps categorize them into a party. There are many different political parties in the United States today, such as the Liberation Party, the Green Party, and the Independent Party. The two major politicalRead MorePolitical Parties Of The United States : The Democratic And Republic Parties915 Words   |  4 Pages There are two main political parties that dominate politics in the in the United States: The Democratic and Republic Parties. It turns out that these two political parties are opposed to each other on a wide range of issues that affect American public life. Unfortunately, many Americans are unaware of these differences between the two parties and tend to vote their officials into office in an uneducated manner. This often results in the political gridlock that often characterize government businessRead MoreThe Political Positions Of The Democratic And Republican Parties Essay1620 Words   |  7 PagesThis comparison will be examining the differences between the policies and political positions of the Democratic and Republican parties on the major issues that or government is having such as the healthcare, the role of government, gun control, entitlements, immigration, taxes, abortion and gay rights and many other issues that or country is going throw. These two parties are the most powerful in America s political landscape but differ greatly in their philosophies and ideals. In which DemocratRead MoreThe Democratic Party Is One Of The Two Major Contemporary Political Parties1316 Words   |  6 PagesThe Democratic Party is one of the two major contemporary political parties in the United States, they believe in Equality, freedom of speech, clean environments they also support health care and women’s right to choose. If one was going to choose to run for the United States Senator there are many hurdles you have to go through before you even start the process of being nominated, organizing the campaigns and even mobilizing it to be heard. Becoming a senator like much of anything takes a good

Tuesday, May 5, 2020

Managing Financials Resources and Decisions

Question: Write an essay on "Managing Financial Resources and Decisions". Answer: Budget is anticipation and preparation of statements in order to plan and control the revenues and costs of products so that the business can achieve is desired goals. Master budget is a set of forecasted and planned financial statements and schedules prepared for the entire company (Ahmad 2015). On the other hand, functional budget is a statement of incomes and expenditures plan for the operating department of an organization. Sales budget of an organization is an evaluation and measurement of the sales forecasted in terms of price and units that are considered by the products, geographical region, sales period and marketing channels (Lawson et al. 2015). Selling and distribution expenses budget is a statement that presents the expected, forecasted expenditures related to salaries and commission to the sales department of the organization, and other marketing and sales related cost forecast like transportation charges, fright and carrier charges, warehousing or storage costs etc is presented in this statement (Weygandt, Kimmel and Kieso 2015). Research and development cost budget is presentation of the costs related to the research and development of products of the company. This expenditure is a non-recurring expenditure and is incurred before the start of manufacturing process for the design and development of the products (Ahmad 2015). This statement presents costs related to the cost of manufacturing, designing of products, labor costs, executive compensations etc are determined. Production or manufacturing costs budget presents the planned and anticipated costs and quantities related to the production and manufacture of products in order to meet the supply and market demand in the industry so that the company can achieve its targeted goals. The statement also presents the units and costs of raw materials, work in progress limitations, labour costs in relation to production, cost of manufacturing machines and equipments are also presented (Lawson et al. 2015). Capital budgets is an important functional budget statement as the entire operation of the business primarily depends on the capital structure employed or to be employed by the company (BoyabatlÄÂ ±, Leng and Toktay 2015). This statement presents the mode and structure of capital components that the company plans to employ for the operation of its business. Apart from the above tools, administrative budget, labor budget, cash budget are also important tools that help in the decision making process in an enterprise. Hence, it can be said that the master budget helps the owner or entrepreneur in the decision-making process if the above stated parts of the financial and production budget is prepared and determined properly. Example of a sales budget is present as under: Company XYZ limited Sales budget Third quarter 2016 Partiulars Budgeted units to be sold Budgeted sales price per unit ($) Budgeted Total sales price June 2016, Actual (assumed) 600 150.00 90,000.00 July 2016 750 150.00 112,500.00 August 2016 1050 150.00 157,500.00 September 2016 1000 150.00 150,000.00 Total for third quarter 2,800 420,000.00 From the above example it is observed that the forecasted sales budget for the third quarter month July is the lowest compared to other months hence the management can take steps to increase the sales units. Unit cost is the cost of one product produced and sold by the organization when it produces the huge number of same and identical units. The unit cost is determined from the variable and fixed costs of the products involved in manufacturing process (Javid et al. 2015). The fixed cost is a non-recurring cost that comprises of the cost of manufacturing equipments, plant or factory rent, research and development costs etc. whereas the variable cost comprises of direct materials, direct labor cost, and direct expenses in relation to production process. The following formula can be used for the computation of unit cost: (Total fixed cost+ total variable cost)/ Total unit produced For example, company XYZ has direct material costs $1,000, direct labour costs $1,050, equipment cost $10,000, direct expenses $2,000 and units produced 2,000. Total variable cost: Direct material $1,000 Direct Labour $1,050 Direct Expenses $2,000 Total variable cost $4,050 Total Fixed cost $10,000 Units produced 2,000 Therefore, unit cost is ($4050 + $10,000)/ 2,000 = $7.025 Different types of pricing strategy are used by the organizations in order to sell the goods and services so that the revenue generation and profitability of the business can be maximized. The pricing strategies are also used to obtain the market share of the industry in terms of consumers demands and supply of the products (Chandar and Tchamkerten 2015). The different types of pricing strategy use in the business are as follows: Premium Pricing is a strategy in which the owner fix the price of the product more than the price of competitors that can be used if the product is new in the market or unique to the consumers or it has some distinctive features (Crott et al. 2016). The entrepreneur uses Penetration Pricing for the products by establishing low price in compared to the competitors in order to capture the market share and to attract the buyers. This strategy is used to make the products more saleable with lower sale price so that the business can sustain in the market and maximize its revenue in the long run (Javid et al. 2015). Price Skimming is a process that is used by the owner as a competitive advantage to earn maximum turnover before the competitors offer similar or identical products. Under this strategy the pricing is fixed for the new and varieties of products by constant change in the design and technology to attract the consumers (Crott et al. 2016). Psychological Pricing is commonly used by the producers and manufacturers that provides a small incentives to the consumers but makes huge psychological impact on their minds in order to purchasing the products for example, price of product at $199 will attract customers instead of pricing at $200 (Chandar and Tchamkerten 2015). Payback is a period that is required to retrieve the cost of investment that is considered in the business operation so that the determination of profitability can be done. The payback period should not be longer as the longer recovery period implies the less or slow recovery of cost of investment that is not fruitful for the companys growth and is computed by dividing cost of project by annual cash inflows (Orioli and Di Gangi 2015). Whereas net present value is determined as the difference between the project outflows in the first year and the present value of cash inflows projected for a particular period (Winkler 2015). Calculation of payback period for the data provided in the assignment: $1,850,000/ $(250000+ 350000+ 500000+ 500000+ 450000) =$1,850,000/ $2,050,000 = $0.902 year i.e. 1 year approximately Calculation of NPV Year SG $ Discounting factor @15% Present value 0 (1,850,000.00) 1 (1,850,000.00) 1 250,000.00 0.869 217,250.00 2 350,000.00 0.756 264,600.00 3 500,000.00 0.658 329,000.00 4 500,000.00 0.572 286,000.00 5 450,000.00 0.497 223,650.00 NPV (529,500.00) From the above calculation, it can be interpreted that the payback period of the project as per finance assistant of Spring ltd. is around 1 year that is the expected period to recover the cost of companys investment. While NPV determination shows that, the project is incurring negative NPV and the project should not be considered. However, in case of payback period, only the cost recovery period is measured and not the profitability hence, if the profitability is ignored then the company can go ahead with the project because the period of cost retrieving is quite decent that is one year. However, if the company is more inclined for profit earning then it should not take up the project as it is showing loss with the five years of cash inflows. Trading Account is an initial part of the financial statements for an organization that discloses the gross profits or losses of goods and services incurred. Trading account is comprised of direct incomes, expenditures, and inventory for trading profit and loss determination during the period of accounting and transferred to the profit and loss account. The main purpose of the trading account is to measure the sales turnover of the products with the cost of goods sold including inventories (Brown 2016). Profit and Loss Account is the second step of the financial statements that represents the net profit or net loss of the business in an accounting period and the balance of the profit and loss is transferred to the balance sheet statement of the company (Biddle 2015). Profit and loss account is prepared by considering all the indirect expenses and incomes on accrual basis of accounting along with recording the trading gross profit or loss and is prepared in two parts- above the line items and below the line items. Above the line items of profit and loss account consists of the incomes and expenses that are directly related to the business while below the line items are the appropriation of profits (Minnis and Sutherland 2015). In the context of accounting, profit and loss accounting is also known as Income Statement that measures the financial performance of the enterprise at the end of the financial year. The income statement is prepared by recognizing the operating and non- operating incomes and expenditures for the determination of net incomes and losses (Bostwick, Lambert and Donelan 2015). Another difference is that the profit and loss account is prepared for the organizations involved in trading and manufacturing sector while income statement is prepared for the service sector and individuals. Balance Sheet is a statement of financial accounting that represents the financial position of the enterprise at the end of the accounting period in order to measure the balance of assets and liabilities the company is employing. The purpose of the balance sheet is to disclose and obtain the information about the companys total capital balance at the end of the accounting period and the values the company owns and owes which is a statutory requirement for the benefit of investors, shareholders and government (Yeh et al. 2016). A. In the books of Famous Travels Financial statement for the year ended 31st December 2015 Account Number Particulars Amount SGD Amount SGD Profit Loss Account/ Income Statement 410 Ticket Sales 3,500.00 401 Client Fees 100.00 Total Income (A) 3,600.00 Less: Expenditures: 501 Advertisement Expenses 1,000.00 510 Maintenance Expenses 350.00 520 Rent Expense 2,000.00 530 Utilities Expenses 450.00 Total Expenditures (B) 3,800.00 Net Income/ Loss (A-B) (200.00) Statement of Financial Position Assets Non- Current Assets: 120 Computer Equipment 1,250.00 130 Office Equipment 300.00 Total non- current assets (A) 1,550.00 Current Assets: 105 Account Receivable Hague's Market 250.00 110 Account Receivable Yopp Co. 750.00 101 Cash 17,500.00 Total current assets (B) 18,500.00 Total Assets (A+B) 20,050.00 Capital and Liabilities: 301 Matt William, Capital 20,000.00 305 Less: Matt William, Drawings (500.00) Add: Net Income/ Loss (200.00) Total Capital (A) 19,300.00 Liabilities: 201 Account Payable First City Press 500.00 205 Account Payable Kens Office Supplies 250.00 Total liabilities (B) 750.00 Total Capital and Liabilities (A+ B) 20,050.00 Reasons and evidence: The financial statement for Matt William has been prepared in accordance with the Singapore Financial Reporting Standards and consisted of income statement/ profit and loss account and statement of financial position (Bostwick, Lambert and Donelan 2015). The above financial statement prepared for the travel agency owner who is a single shareholder of his company, therefore capital is measured by considering the investment by Matt William, drawings and net loss incurred during the year (Yeh et al. 2016). B. In the books of M/s Zara Textiles Financial Statement for the year ended 31st December 2015 Particulars Amount SGD Amount SGD Trading Account Sales (A) 3,686,000.00 Less: Cost of goods sold Opening Stock 63,650.00 Textile Purchases 2,256,000.00 Carriage Inwards 178,200.00 Wages 325,000.00 Total cost (B) 2,822,850.00 Gross Profit/ (Loss) (A-B) 863,150.00 Profit and Loss Account Gross Profit b/d (A) 863,150.00 Less: Indirect Costs during the year Salaries 104,000.00 Rent 126,000.00 Printing and Stationery 74,650.00 Advertisements 86,000.00 Total Indirect Costs (B) 390,650.00 Net Profit/ (Loss) (A-B) 472,500.00 Statement of Financial Position Assets Non- Current Assets: Office Building 423,450.00 Machinery 569,000.00 Motor Vehicles 210,000.00 Total Non- Current Assets (A) 1,202,450.00 Current Assets: Trade Debtors 208,000.00 Cash 26,000.00 Bank 119,000.00 Total Current Assets (B) 353,000.00 Total Assets (A+B) 1,555,450.00 Capital and Liabilities Total Capital: Capital 250,000.00 Retained Profit 652,950.00 Add: Net Profit 472,500.00 1,125,450.00 Total capital employed (A) 1,375,450.00 Liabilities: Trade Creditors (B) 180,000.00 Total Capital and Liabilities (A+ B) 1,555,450.00 The above financial statement has been prepared in accordance with the Singapore Financial Reporting Standards and on accrual basis of accounting. The format of financial statement differs in both the task (A) and (B), because the financial statement in first task has been prepared for a sole proprietorship business engaged in providing travelling services, hence trading account for the same cannot be prepared. Whereas in case of second task the financial statement prepared is for a company engaged in textile manufacturing business that involves in manufacturing and trading business and therefore trading account is a first step of financial statement that is to be prepared. Computation and analysis of ratios based on the financial statements of Xylo Pte Limited for the financial years ended on 31st December, 2013 and 2014: Calculation of ratios Financial statements of Xylo Pte Ltd For the year ended 31st December 2014 2013 1 Gross Profit Ratio: Gross Profit (A) 208,000.00 180,000.00 Net sales (B) 836,000.00 784,000.00 Ratio = A/B*100 24.88 22.96 Analysis: This states that the company is earning a gross margin of 24.88% in 2014 and 22.96 in the year 2013. It implies that the company can decline its sales price by 24.88% and 22.96% respectively. 2 Net Profit Ratio: Net Profit after tax (A) 68,000.00 52,000.00 Net sales (B) 836,000.00 784,000.00 Ratio = A/B*100 8.13 6.63 Analysis: Net profit ratio interprets the total profit earned by the company in terms of percentage. High percentage of net profit indicates the efficiency of company to generate total profit. 3 Return on Capital Employed: Earnings before interest and tax (A) 116,000.00 100,000.00 Capital Employed (Total assets- total current liabilities) (B) 632,000.00 636,000.00 Ratio = A/B*100 18.35 15.72 Analysis: Return on capital employed states the efficiency of earning on the cost of capital invested by the company. In the given case, return on capital shows the efficiency of earning on capital, as return on both the years is high. 4 Current Assets Ratio: Current Assets (A) 296,000.00 340,000.00 Current Liabilities (B) 184,000.00 260,000.00 Ratio = A/B 1.61 1.31 Analysis: Current ratio of a company states the availability of working capital funds in order to meet the obligations and it should be more than one. In case of Xylo ltd., the current ratio is above the industrial standards and hence it is efficient in paying off the current liabilities. 5 Quick Assets Ratio: Current Assets- Inventory (A) 128,000.00 192,000.00 Current Liabilities (B) 184,000.00 260,000.00 Ratio = A/B 0.70 0.74 Analysis: Quick Assets Ratio states the efficiency of an organization in meeting its liabilities excluding inventories and this ratio should also be more than one. In the given case, the ratio is less than one in both the years 2013 and 2014; therefore, the company is required to improve its working capital funds. 6 Trade Receivable Period: Average Accounts Receivable (A) 150,000.00 92,000.00 Total sales per day (B) 2,290.41 2,147.95 Period in days(A/B) 65.49 42.83 Analysis: Trade Receivable Period is the period that indicates the length of the credit period a company can allow in terms of credit sales. From the given calculation, it can be observed that the company can allow around 65 days of credit in 2014 and 42 days in 2013. 7 Trade Payable Period: Total Purchases (A) 648,000.00 636,000.00 Average Accounts Payable (B) 332,000.00 260,000.00 Period in days(A/B) 1.95 2.45 Analysis: Trade payable period determines the "number of days" a company is paying off its purchasers or creditors. The above calculation shows that the company was paying off its creditors in 2 days in the year 2014 and 2.5 days in 2013 (approximately). The information that are required by different decision makers are the elements of financial statements, that is profit and loss account elements, cash flow information, capital structure, profit earned, assets and liabilities and other relevant information (Im and Choi 2015). Ratio analysis helps in decision-making process as it involves different types of components in the calculations. The ratio analysis implies the results and comparisons in terms of percentage and therefore it becomes easy to make decision for the investors and users of annual report (Bhatia 2015). Reference List: Ahmad, M.A., 2015. An Exploratory Study of Management Accounting Practices in Industrial Companies in Jordan (Case StudyIndustrial CompaniesASE).Journal of Economics Theory,9(1), pp.1-7. Bhatia, M., 2015. Insights into Financial Ratios Communication by NSE 100 Companies.The MA Journal,50(6), pp.108-113. Biddle, G.C., 2015. The Role of Financial Statements in Reporting Financial Performance. InAccounting Finance/IASB Research Forum. Bostwick, E.D., Lambert, S.L. and Donelan, J.G., 2015. A Wrench in the COGS: An Analysis of the Differences between Cost of Goods Sold as Reported in Compustat and on the Financial Statements.Accounting Horizons. BoyabatlÄÂ ±, O., Leng, T. and Toktay, L.B., 2015. 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