Determine the objectives of ratio analysis, Managerial Accounting

Assignment Help:

Objectives of ratio analysis

1) Measuring the profitability: we can measure the profitability of the business by calculation gross profit net profit expenses ratio and other.

2) Judging the operational efficiency of business: the operational efficiency of the business can be ascertained by calculating operating ratio.

3) Assessing the solvency of the business: we can ascertain whether the firm is solvent or not by calculation solvency ratio. Solvency ratio shows relationship among total liabilities and total assets. If total assets are lesser than the total liabilities it shows unsound position of the business.

4) Measuring short and land term financial position of the company: we can know the short term and long term financial position of the business by calculation various ratios. Current and liquid ratio indicates short term financial position while debt equity ratio fixed asset ratio and proprietary ratio shows long term financial positions.

5) Facilitating comparative analysis of the performance: every firm has to compare its present performance with the previous and discover the plus and minus points. These points can be located by the calculation of dissimilar ratio. Comparison with performance of other competitive firms can also be made.

 


Related Discussions:- Determine the objectives of ratio analysis

What is master budget, What is Master budget Financial budget are conce...

What is Master budget Financial budget are concerned with cash receipts and disbursements working capital. Several functional budgets are integrated into master budget. This bu

Control-role of management accountant , Control Control includes a ...

Control Control includes a comparison of actual performance with the plan so that deviation from the plan can be identified and corrective action taken. It can be define

Describe the graphic method of break even analysis, Graphic method of break...

Graphic method of break even analysis or break even chart The break even point can also be computed graphically. A break even chart is a graphical representation of marginal co

Compute the effect of relaxing credit effort on net profit, M/s ABC is seei...

M/s ABC is seeing relaxing its collection efforts. At current its sales are as Rs.40 lakhs, the ACP is here 20 days and variable cost to sales ratio is .8 and bad debts are as .05

Steps in strategic cost analysis, Steps in Strategic Cost Analysis 1) Rec...

Steps in Strategic Cost Analysis 1) Recognize the suitable value chain and allocate costs and assets to it. 2) Identify the cost drivers of each value activity and how they int

State the important assumptions of break-even analysis, Assumption of break...

Assumption of break even analysis The break even analysis is based upon the following assumptions : 1) All elements of cost, i.e., production , administration and selling di

Capital budgeting – planning investments, Project C would involve a current...

Project C would involve a current outlay of $50,000 on equipment and $15,000 on working capital. The investment in working capital would be increased to $21,000 at the end of the f

What is the issue price for bond a and b, Q. What is the issue price for Bo...

Q. What is the issue price for Bond A and B ? On December 31, 20x7, the Jill Corporation issued $20,000,000 of 15 year face value bonds. The bonds pay interest on June 30 and D

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd