Nobody downloaded yet

Financial strengths and weaknesses of Primax, Alpha and Beta; - Essay Example

Comments (0) Cite this document
Summary
One of the most popular tools of identifying financial strengths and weaknesses of an enterprise is through Accounting Ratio that could be used by a financial analyst to qualitatively evaluate the financial status and level of performance of an organization. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.2% of users find it useful
Financial strengths and weaknesses of Primax, Alpha and Beta;
Read TextPreview

Extract of sample "Financial strengths and weaknesses of Primax, Alpha and Beta;"

Download file to see previous pages Some accountants contend that Bank Overdraft should be treated as a long-term liability since that arrangement with the bank is is almost permanent (so long as the enterprise is a going concern). On the other hand, some accountants that contend that Bank Overdraft should be treated as a current liability since this facility may be withdrawn by the bank at any time. As a conservative measure of short-term financial position, Bank Overdraft has been considered as a current liability in the current instance. The current ratios of both the firms are nearly same but when compared to that of Primax both of them are well below the desired level. However, there could be firms that have low current ratios but work efficiently as is the case in fast food industry. This is so because current ratio does not analyze the quality of current assets which might contain obsolete stocks or slow paying and doubtful debtors. In the current instance it is observed that while Alpha has cash worth 43, Beta does not have any cash balances. Hence, though current ratio of Alpha is lesser than Beta, from a broader perspective, between the two; Alpha is in a better position than Beta (C. C. D. Consultants Inc. 2009). Quick Ratio = (Current Assets – Stock)/(Current Liabilities) Quick Ratio of Primax = (3399-1102)/1098 = 2.09 Quick Ratio of Alpha = (525-306)/745 = 0.29 Quick Ratio of Beta = (636-224)/853 = 0.48 If we consider Primax’s quick ratio as a benchmark, both these firms fall woefully short of that, but of the two, Beta seems to be in a better position provided of course its trade receivables are all good without any possibility of bad debts or slow recovery. Solvency Ratios Solvency Ratios evaluate long-term capability of a business...
One of the most popular tools of identifying financial strengths and weaknesses of an enterprise is through Accounting Ratio that could be used by a financial analyst to qualitatively evaluate the financial status and level of performance of an organization. This project analyses in detail financial strengths and weaknesses of Primax, Alpha and Beta; three firms engaged in manufacturing furniture. While Primax among them is most financially sound the other two firms are not doing that well financially. Any business consists of a series of interrelated processes that operate in tandem to produce the final output that the consumer wants. Kaplan and Norton have identified certain groups or bundle of activities that should be considered as independent units for the purpose of evaluating the efficiency of the entire business process. These independent units are: operations management, customer management, innovations, regulatory compliance and social responsibility in that order of importance. Efficiency of a business enterprise in each of these sectors should be independently measured and the overall efficiency of the business enterprise would be calculated as a weighted average of these independent measures. Unless an enterprise can satisfy its customers it cannot exist. The best way to do it is to identify the most profitable group of customers and focus marketing efforts in wooing this group. However, the costs of such an exercise should never exceed the tangible benefits obtained from it. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Financial strengths and weaknesses of Primax, Alpha and Beta; Essay”, n.d.)
Retrieved from https://studentshare.org/business/1405768-financial-strengths-and-weaknesses-of-primax-alpha-and-beta
(Financial Strengths and Weaknesses of Primax, Alpha and Beta; Essay)
https://studentshare.org/business/1405768-financial-strengths-and-weaknesses-of-primax-alpha-and-beta.
“Financial Strengths and Weaknesses of Primax, Alpha and Beta; Essay”, n.d. https://studentshare.org/business/1405768-financial-strengths-and-weaknesses-of-primax-alpha-and-beta.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Financial strengths and weaknesses of Primax, Alpha and Beta;

Strengths and Weaknesses of Genetic Testing

...? Strengths and Weaknesses of Genetic Testing No: Strengths and Weaknesses of Genetic Testing Genetic testing examines the DNA molecule for any genetic disease or any illness present in the molecule. Chemical test including the product of gene such as enzymes and proteins also include in the genetic testing. It has the ability to detect the problem precisely and bears a huge potential. Advancements in the field would bring a great future in the medical care. However, some societal responses towards the genetic testing are not entertaining. Genetic testing is basically a most modern technique of checking genetic disorders in which direct enzymes and other proteins have...
6 Pages(1500 words)Term Paper

Strengths and weaknesses of viral marketing

...? Strengths and weaknesses of viral marketing Introduction Viral marketing is a form of product promotion where information is spread verbally from one person to the other or via the internet. When customers like a product or a concept, they like to share the experience with friends, relatives and colleagues, and in turn those people share with their network of friends making the concept or product ‘go viral’ (Blythe, 2005, P.110). This paper evaluates the strengths and weaknesses of viral marketing, in addition to, research evidence on strategies of viral marketing. Literature review Researchers investigating the network of referral for different products indicate that...
5 Pages(1250 words)Essay

Beta thalassaemia major

...Beta thalassaemia major. The most common 'single gene defect' in man comprises primarily of the inherited hemoglobin disorders. These hemoglobinopathies (blood or hemoglobin disorders) together, also have the highest incidence of prevalence worldwide in terms of incidence of single gene disorders. The thalassaemias belong to a category of these hemoglobinopathies. It refers to an inherited disorder that affects the production of hemoglobin by a decrease in globin chain synthesis and hence causes anemia (Rund D, Rachmilewitz E., 2005).There are two main classifications for the thalassaemias in terms of clinical relevance, i.e the a and the b-thalassaemia. This classification is based on the type of globin chain (alpha or beta... ) which is...
6 Pages(1500 words)Essay

Beta

...VALUE OF BETA Beta is defined as "a measure of a security's or portfolio's volatility, or systematic risk, in comparison to the market as a whole. Also known as beta coefficient" (Jesse). Beta is related how to manage money, it can be for personal budgeting or to run a company. Money swings in the market, when financial crises arises in company, how financial needs are managed viz., in stock market most probably finance inflation may rise or fall and at the same time company's share market also fluctuates that may effect bank interest rate. Company's (like Wal-Mart, Kmart, etc.,) security returns will also be affected. If oil...
2 Pages(500 words)Essay

Shell market position, strengths/weaknesses

...(Verity, 2006). Their gas and Power Division stretches over 35countries (Gas & Power, 2006). An internal assessment of the strengths and weakness is essential especially an understanding of the business environment to remain competitive. They were quick to recognize their weakness and transform the strategic management concept into operating strategic planning units within the company (Siembieda, n.d.). These units introduced the widespread use of multiple scenarios rather than a single prediction, forecast or trend. This strengthened its capacity for absorbing information from multiple sources on a continuous basis. This helped it to position itself in the emerging markets. Their...
3 Pages(750 words)Essay

Security Strengths and Weaknesses of the Internet

...Security Strengths and Weaknesses of the Internet Before going into the discussion regarding security strengths and weaknesses of the internet, let us get a better understanding of what internet security actually is. Internet security is a type of security related to the internet. The main purpose behind implementing internet security measures are to reduce the occurrence of risks and threats related to transfer of information over the internet. Internet security provides various significant benefits to the internet users. Internet security is very important for a person who keeps or sends important data over the network. “A basic knowledge of internet security is...
6 Pages(1500 words)Essay

My Strengths and Weaknesses

...My Strengths and Weaknesses As every aspect of life has its advantages as well as disadvantages, similarly a human being cannot be perfect. Every person has some weaknesses and strengths. In a circle of friends or in the company of people one can get to know his or her strengths and weakness quickly. People’s view about me, particularly those with whom I spend most of my time, is that I have many strengths among which the most prominent is my leadership skills. People around me are of the view that I have a quality of finding solution to the problems rather than worrying about the situation. Apart from this, people...
1 Pages(250 words)Personal Statement

Strengths and weaknesses of quasi-experimental designs

...Strengths and weaknesses of quasi-experimental design Quasi-experimental design is an alternative to experimental design that is not generally applicable in all real life situations. Its major characteristics are the researcher’s inability to control the involved variables and it lacks the randomization property. This paper explores strengths and weaknesses of the design and looks into its advantages over classical experiments in conducting criminal justice research. Strengths and weaknesses of the quasi-experimental design One of the strengths of the quasi-experimental design is its wide applicability in real life situations. This makes it possible to study phenomenon that cannot be possibly studied under experimental design due... to...
2 Pages(500 words)Assignment

My Strengths and Weaknesses

...My Strengths and Weaknesses Inserts His/Her Inserts Grade Inserts (Day, Month, Year) My Strengthsand WeaknessesStrengths My greatest strength I pride myself about is an excellent time management skills, efficiency and organization. I am one person who capitalizes any opportunity in a positive way within a given deadline as well as exceeding my goals if necessary. Secondly, under analytical personality, I believe I am a quick learner. In most cases, if not all the time, I strive to get things right the first time, every time. I am able to do this because of my ability to keep feeling and emotions away from decisions. Weaknesses On the other side, my worst weakness is that am not able to express may capabilities fully verbally... Strengths...
1 Pages(250 words)Assignment

STRENGTHS & WEAKNESSES

...STRENGHTS AND WEAKNESSES affiliation An organization structure helps a company to move forward in its business and mission. A vertical pyramidal hierarchy that departmentalizes all activities according to their functions characterizes the traditional functional structure. It has a variety of advantages and disadvantages (Radford, 2011, p. 3). It creates an environment for proper communication since employees are related in terms of job within departments and this enhances coordination. According to Das (2012), it has a hierarchy structure that creates accountability and privileges where directives are unified and clear. It turns employees into expert specialists since there is division of labor. However, it also has its...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Financial strengths and weaknesses of Primax, Alpha and Beta; for FREE!

Contact Us