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Financial Statement Essays (Examples)

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Financial Analysis of Bestwish Limited Company Overview
Words: 4573 Length: 13 Pages Document Type: Essay Paper #: 99500463
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Financial Analysis of Bestwish Limited

Company Overview

Bestwish Limited produces extensive range of quality products such as gift dressing, greetings cards, and plush merchandise of more than 50,000 stocks. The production of different categories of products involve between 2 and 15 processes. The company produces standardized products and custom designed products ordered from customers on contract basis. However, Bestwish Limited is facing challenges to control the costs because of varying production process, reliance on indirect costs and large number of stock keeping units.

Bestwish Limited has just closed the 2010 fiscal year account and the company is finalizing the 2011 budget. Bestwish intends to analyze the 2010 financial statement to present the accurate picture of the company financial performances.

Objective of this report is to analyze 2010 financial statements to assess the viability of Bestwish Limited.

Task

Attn:

Audit Committee of the Board

Finance Director

Subject: Financial statement Analysis

Date:…

References

Drury, C. (2009). Management Accounting for Business, 4th Edition (Cengage Learning EMEA, ) ISBN 1408017717.

Harris, R. And Sollis, R. (2003).Applied Time Series Modelling and Forecasting (John Wiley and Sons) ISBN 0470844434

Glynn, J. Perrin, J. Murphy, M. And Abraham, A. (2003).Accounting for Managers, 3rd Edition.(Thomson Learning) ISBN 186152904X

The Times 100, (2012). Financial statements and reporting A Cadbury Schweppes case study. The Times 100 Business Case Studies.

Financial Ratios for Landry Restaurants
Words: 840 Length: 3 Pages Document Type: Essay Paper #: 42215688
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Therefore, I do believe that qualitative research is necessary. The financial statements can reveal much, but there are definitely instances in which the financial statements require contextual understanding for proper interpretation. Without this understanding, the firm's numbers may only reveal raw data. Raw data can be interpreted any number of different ways, so it is essential that qualitative analysis be conducted in order to place the numbers within a framework that will make understanding easier. or example, Landry's is taking on debt, but we know from the company's statements that this is to finance expansion and that hopefully when those properties are open, the returns will begin to improve.

How the firm makes money is an important consideration. This can help to not only place past performance into perspective but also to provide greater understanding of the firm's future prospects as well. Competitive advantages can be derived sometimes from the…

Free Cash Flow = Cash from Operating Activities -- Capital Expenditures (aka Cash from Investing Activities)

2003: $121,529 -- 189,930 = ($68,401)

2002: $111,637 -- 274,913 = ($163,276)

Financial Accounting Personal Financial Situation This Essay
Words: 732 Length: 2 Pages Document Type: Essay Paper #: 45913507
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Financial Accounting

Personal Financial Situation

This essay examines the personal financial statements of Manny Harris, part-time student and part-time sales associate at Wal-Mart. Manny is considering three significant life events that will affect details of his financial statements.

The first significant change in his personal circumstances that Manny is considering is whether to apply for a loan so that he can afford to attend college full-time. Manny is concerned with the trade-offs involved; he wonders whether a bachelor's degree will help him obtain a job with sufficient compensation to justify the burden of paying back student loans. According to Oloffson in her Time magazine article, Manny's concerns are well-founded. The cost of average tuition rose by 6.5% during the fall of 2009, and the average amount of student debt rose to $23,200 in 2008. However, the unemployment rate for recent graduates rose as well, and stood at a record high…

Reference List

Mantell, R. (2010). Changing economy poses challenges for job seekers. The Wall Street Journal Market Watch online. Retrieved June 14, 2011 from  http://www.marketwatch.com/story/changing-economy-poses-challenges-for-job-seekers-2010-05-07 

Oloffson, K. (2009). The job market: is a college degree worth less? Time online. Retrieved June 14, 2011 from  http://www.time.com/time/business/article/0,8599,1946088,00.html 

Stanny, B. (2011). 16 things I wish I knew about money when I graduated college. Forbes online. Retrieved June 14, 2011 from  http://blogs.forbes.com/barbarastanny/2011/06/14/16-things-i-wish-i-knew-about-money-when-i-graduated-college/