Introduction Investors and other external users of financial information will often need to measure the performance and financial health of an organization. This is done in order to evaluate the success of the business, determine any weaknesses of the business, compare current and past performance, and compare current performance with industry standards. Financially stable organizations ...
I’m sure everyone has heard that when shopping for a new or used car, the sticker price is not what you should pay. It’s often a good idea to bargain with the salesman, within reason. Everyone has to make money, but you also have to save money. However, did you also know that it is ...
When you are first starting your lawn care business, how do you find how much you should charge to mow a lawn? This is a question that was recently asked to us on the Gopher Lawn Care Business Forum. Here are a few ideas. First off, if you haven’t done so, log onto our lawn ...
As a demonstration on how someone can use the 4′ P’s, product, price, promotion and placement at their business, I am going to use a small popcorn establishment to demonstrate this concept. We will call it, “It’s Popcorn Time”. PRODUCT: Our positioning statement: To families who enjoy spending time together, Its Popcorn Time is popcorn ...
Financial ratios are a way for managers, stockholders, and creditors to determine the financial health of a company. There are five different types of financial ratios. They are: liquidity, activity, debt, profitability, and market. Liquidity, activity and debt ratios help determine the risk of the company. Market ratios help determine the risk and return of ...
Memorandum TO: EEC Chief Executive Officer (CEO) FROM: Lela Keel, EEC Financial Analyst DATE: January 10, 2011 SUBJECT: Financial Performance Analysis Introduction Financial ratios are very significant because they analyze numbers a company maintains on their financial statements. Analyzing financial ratios presents ways for internal and external viewers to establish the monetary position of ...
