P/E ratio

This paper looks to discuss Nozick’s experience machine. The paper begins by reconstructing Nozick’s experiment, and explains its consequences. The paper then argues that the experiment is actually consistent with hedonism, as by expanding on the definition of pleasure we see that by not plugging in we are actually doing the more pleasurable act. Nozick experiment asks us to imagine a machine that once connected to allows for us to experience the greatest possible pleasures. The machine then…

REVENUE AND GROWTH According to historical data, Michael Kors had a constant growth in revenue since 2013 at a rate around 30% to 50%. Michael Kors has opened numbers of new stores include traditional stores located in malls and some special store in tax-free area in the airports. Also, the advertising and promotion help Michael Kors to be more popular among younger generations and white-collar office workers. Without worrying about losing consumers, those loyal customers make it possible for…

The purpose of these ratios is to measure if the company able to meet its financial obligation as they come due Coverage ratios include debt service coverage ratio, Cash Debt Coverage Ratio, and the asset coverage ratio. • Asset Coverage Ratio This ratio looks to the balance sheet assets in comparison to debt. The ratio is a company's total assets minus short-term liabilities divided by its total debt, a ratio of two or above means that the company has sufficient assets to manage its debt. •…

Fashion’s financial position in 2014 using liquidity, activity, profitability and coverage ratios. The company used current ratio, current cash debt coverage ratio, inventory turnover, asset turnover, profit margin on sale, return on assets, times interest earned ratio and cash debt coverage ratio. The current ratio is a liquidity ratio that assesses the company’s operating efficiency. The current ratio is computed by dividing the company’s current assets by current liabilities to assess…

Profitability Ratios The productivity of an organisation and its ability to produce profits is measured using profitability ratios (Žager, Sačer & Dečman 2012). Two ratios which measure profitability are net profit margin and gross profit margin. Another two ratios which assess how sufficiently assets are being used are the return on total assets and asset turnover. JB Hi-Fi’s net profit margin remained stable over the 5 year period with its lowest recorded result in 2012 with 4.74%. In 2015,…

There was a decline of zero point one (0.1) (Klerks, et al 2010). Question 9: Compute the debt ratio for Batelco as of December 31 2015. Comment on your answer Debt ratio= total debt/total assets • Total liabilities = 431,929 • Total assets = 1,004,982 • Debt ratio = 1,004,982/431,929 =2.3 The ratio is higher which indicates that the company is more leveraged with implication of great financial risks. Leverage is a significant tool that is used…

2. Value Creation – Ratio Analysis There are four key ratios that are detrimental in evaluating the market value of a company’s stock: Equity to Book Value Ratio, Price-Sales Ratio, Price-Earnings Ratio, and Earnings Per Share. The first ratio mentioned, Equity to Book Value Ratio, measures the market value of a company’s stock. It is determined through dividing the current price of the stock by the book value per share. Price-Sales Ratio compares the company’s stock to their total revenue or…

As shown in the above graph the two ratios are used in accordance to show the liquidity of each company. The liquidity ratio is “used to determine a firm’s ability to satisfy its short-term obligations as they come due” in a firm’s operating cycle (Gitman & Zutter, p.65). The first ratio shown in the graph is the current ratio, and is one of the more popular ratios used in finance. Current ratio is a determinant of whether or not a company is able to have the funds for obligations as they…

personnel as to the factors of the existence of fraud indicators, to be able to perform essential analytics and independent testing such as horizontal and vertical testing techniques to detect fraud or to examine the validity of evidence being investigated (p.8-9). Frisbey mentioned that forensic accountants should, for example, request and review documents such as contracts and supporting invoices and deliveries; confirm with clients on the existence receivables and consignment contracts;…

Financial ratios are numerical relationships between financial figures found on the income statement and the balance sheet of a business. When multiple figures are compared, the relationships between those figures help reveal important operational information that, when adjusted, could improve their financial situation (Kim & Avoun, 2005). Unfortunately, few organizations within the hospitality industry commonly use financial ratios to determine the health of their business (Kim & Avoun, 2005)…