Asset

looks at the relationship between a firm's short-term assets and its short-term liabilities. The main goal of working capital management is to ensure that a firm has adequate cash flow for their operations and has the most productive use of their resources. Net working capital is the excess of current assets over current liabilities. Since current assets can be financed by either current liabilities or long term funds, the excess of current assets must be financed by long term funds. There are…

the accounting for Intangible assets are laid out in APB 17. According to APB 17, Paragraph 9, a company should record costs of intangible assets acquired from others, including goodwill, as an asset. All costs incurred to develop intangible assets that are not specifically identifiable should be recorded as expenses. Where an intangible asset has been recorded, its cost should be amortized by systematic charges to income over the estimated period of benefit of the asset. The amortization period…

short-term obligations. Their net income of 129 million GBP last year seems to be a safety net for them that they can incur these losses this year without effecting their current and quick ratios to an extreme. What Tesco considers to be its current assets amounts to a total of 15,417 million GBP. There is a total of 19,405 million GBP in current liabilities. The current ratio of company amounts to a rate of 0.79%. This means that for every 1 GBP of current liabilities Tesco has, it has 0.79 GBP…

difference in asset amount for GE items (same asset on SMA books) due to purchasing and pricing of the asset. o The definition of pilferable items are component specific; whereas, SMA Navy may deem an item as pilferable and SMA Army may not deem the same item as pilferable. o Equipment in excess of the 250K capitalization threshold is tracked and monitored by each component. o GE purchase process – DHP requests funding based on the mission. The agency is then funded via MIPR to acquire GE…

Many people see civil asset forfeiture as a defective tactic used by the government. Civil asset forfeiture refers to a legal procedure by which the government is able to seize and ultimately forfeit the property of people suspected of wrong doing. The reason why people see this tactic as execrable is the fact that the government can seize property from people who were never convicted of or charged with a crime. Civil asset forfeiture is constantly seen as a way the government can victimize…

accounts receivable turn over a year. Asset Turnover Asset turnover ratio is an important ratio because its measure s the company ability to generate sales from its assets by comparing net sales with average total assets. The higher the amount in the assets turnover, the efficiency a company uses all of its assets to generate sales. In 2012, Avis Company had an assets turnover of 0.52, had a decreased in 2013 to 0.50, and increased in 2014 to 0.51. The company assets turnover is decreased which…

Therefore, Caterpillar earned 4.36% from existing assets in the year 2014. Results from 2013 were equivalent while holding at 4.46%, and in the year 2012 Caterpillar’s return on assets was 6.39%. Caterpillar’s competitors displayed improved results with the Terex Corporation having a return on assets of 5.38% in the year 2014. Another competitor of Parker-Hannifin Corporation held a 7.84% return on assets, which is superior to Caterpillar’s 4.38%. (Quotes & Info- Yahoo! Finance, n.d.). The…

ratio current assets/Current liabilities 51,123,050/50,584,750 1.01 0.86 1.51 1.97 Quick ratio current assets-Inventory/Current liabilities (51,123,050-20,149,650)/50,584,750 0.61 0.43 0.75 1.01 Total asset turnover sales/total assets 611,582,000/401,558,750 1.52 1.10 1.27 1.46 Inventory turnover cost of goods sold/inventory 431,006,000/20,149,650 21.39 12.18 14.38 16.43 Receivables turnover sales/accounts receivable 611,582,000/18,681,500 32.74 10.25 17.65 22.43 Debt ratio total assets-total…

ratio is calculated by dividing current assets by current liabilities. Current assets Current Ratio = Current Liabilities The current ratio is a measure of firm’s short-term solvency. A ratio of greater than one means that the firm has more current assets than current claims against them…

bank can be classified as insolvent. The first is if the worth of the bank 's assets and less that the worth of the bank 's liabilities. The second is if the bank cannot pay its debts, even if the bank 's assets are worth more than their liabilities, this is then a problem with the bank 's liquidity. When analyzing the profitability or worth of a bank, book value is commonly used to understand the net worth of all the assets and liabilities that a bank holds on its balance sheet. However, there…