Asset

Liquidity Ratios Current Ratio Quick Ratio How Calculated  Current assets  Current liabilities  Current assets minus   inventory  Current liabilities What It Measures The extent to which a firm can meet its short-term obligations The extent to which a firm can meet its short-term obligations without relying upon the sale of its inventories  Leverage Ratios Debt-to-Total-Assets Ratio Debt-to-Equity Ratio  Total debt  Total assets The percentage of total funds that are provided by creditors  Total

relative multicriteria based evaluation, by putting alternatives and evaluations criteria and getting at the end global scores, partial scores and ratings. * CAMELS Ratings: is also a multicriteria based evaluation, but that already set to: Capital Assets, Management, Earnings, Liquidity and Sensitivity to market risk to rate the commercial banks. On the other hand, we looked at the factors that affect stock markets, and we find a lot of factors discussed, and they are going from terrorism and wars

habitation/professionnels) • Présent dans 11 pays à l’international (Bulgarie, Chine, Grèce, Hongrie, Italie, Portugal, Roumanie, Slovaquie, Tunisie, Turquie, Vietnam) • Activités financières : banque et sociétés de gestion ; 90.4 milliards d’euros gérés par Groupama Asset Management • Première mutuelle d’assurance en France • Groupe mutualiste d’assurance, de banque et de services financiers. • Ouvert à tous (particuliers, professionnels, entreprises et collectivités locales) Chiffres clés : • 8ème assureur français

around the world are connoisseurs. The historical roots and the tradition of Cartier, the originality of its distinctive style, its iconic watches and jewellery, its quality and savoir-faire make Cartier creations particularly desirable. With such assets, the Maison can face the future with confidence. Santos 100 skeleton watch, 9611 MC calibre. Case in 950 palladium. Mechanical manufacture movement with manual winding; hours and minutes with skeletonised bridges in the form of roman numerals

accounting base accounting entry Equivalents: account entry, journal entry, entry. accounting period accounting practice accounting prescriptions accounting standard accounts payable (balance sheet liability account) accounts receivable (balance sheet, asset account) accrual accounting accruals (accrual accounting) méthode du prix de revient complet pratiques de crédit abusives amortissement accéléré exigibilité anticipée compte solde de compte certification des comptes écriture comptable titulaire de

in the investor’s stock of Real assets Financial, or derivative assets Capital Budgeting Capital budgeting is defined as  The process of planning expenditures on assets whose cash flows are expected to extend beyond one year By convention, the process is referred to as financial asset valuation when it deals with financial, or derivative assets, and as Capital Budgeting when it deals with real assets Capital Budgeting Comparing processes: Real Assets Determine the cost of the investment

entity shall present current and non-current assets, and current and non-current liabilities, as separate classifications on the face of its balance sheet in accordance with IAS 1 except when a presentation based on liquidity provides information that is reliable and is more relevant. When the exception applies, all assets and liabilities shall be presented broadly in order of liquidity. 12. Whichever method of presentation is adopted, for each asset and liability line items that combine amounts

bankruptcy. Question 1: Relative risks of substantial intangible assets First, the substantial intangible assets of Enron are: intellectual property, talent to innovate, financial acumen and finally the reputation. We can say that the value of intangible assets is more variable than the value of tangible assets. The risk of intangible assets is higher than the risk of tangible assets because the company can’t sell these assets on a secondary market so they might not be liquidated at a reasonable

operations Net income Cash provided by operations Cash used for investing activities Capital expenditures Cash used for (provided by) financing activities Treasury stock repurchased Common stock cash dividends Financial position at year end: Total assets Total debt Total shareholders’ equity Shares outstanding in millions Per common share: Income from continuing operations–diluted Net income–diluted Dividends declared Market price at year end Company-operated restaurants Franchised restaurants Total

technology development, KSF’s in the industry Rapid inventory turnover Volume purchasing Distribution system Reduced gross mergin • Internal analysis What are Costco’s Competitive advantages? Tangible Assets High cash flow Nation-wide network (US) Intangible Assets Huge number of customers Membership-based system Very good reputation Efficient store management Value Chain Analysis Firm infrastructure Human ressources management Technology Development Procurement High inventory