B. Total Asset Turnover “The asset turnover ratio is an efficiency ratio that measures a company’s ability to generate sales from its assets by comparing net sales with average total assets” (Asset Turnover Ratio 2018). In other words, financial managers utilize the total asset turnover (TATO) to determine the company’s ability to efficiently utilze its assets to generate revenues. In addition, investors and creditors utilize TATO to better understand a company’s management style as well as
Drugs. Since the US government declared the War on Drugs asset forfeiture has been widely used by law enforcement agencies to reduce drug criminals influence. Asset forfeiture is effective in tackling illegal drug crimes and funding government agencies, but the laws about asset forfeiture has been controversial due to its questionable profit incentives for law enforcement and inability to protect property owners from unfair seizures. Asset forfeiture is the legal process in which property is seized
Assets forfeiture as defined in Introduction to Law Enforcement: An Insider's View, is defined as “the seizure (and eventual forfeiture) of property connected with criminal activity.” (Doerner, 2012) Law enforcement agencies hold the authority to seize any and all assets associated with criminal activity. The temporary and/or permanent seizing of assets can occasionally terminate or interrupt the criminal activity committed by an individual or criminal organization. Seizures are most common at the
Asset forfeiture is a tool used by law enforcement at all levels. Money is a big player in most all criminal activities and is the motivation behind the scenes. By seizing the money you can slow down or stop some of the criminal activities. However money is not the only thing that is seized, many times automobiles, boats, and planes will seized as well other types of criminal tools. These items could also be houses land and/or anything connected to the crime or criminal activity. The items that
HST consolidates Host L.P. for financial reporting purposes, and HST does not have significant assets other than its investment in Host L.P. Therefore, the assets and liabilities of HST and Host L.P. are the same on their respective financial statements. In 2013, net income improved $260 million in 2013 to $321 million. Net income benefited from the improvement in operating profit and decrease in interest expense of $69 million due to the repayment or refinancing of debt at lower interest rates.
current ratios, O’Reilly Automotive Inc. can pay off more of its current debt than AutoZone can. O’Reilly also has more liquid assets to cover its liabilities than AutoZone which is why O’Reilly’s quick ratio is larger. Both companies have a small cash ratio, but AutoZone has more cash to cover its short term debt. Both companies also have a negative NWC to Total Assets Ratio, which means that they have too many current liabilities, which in turn reduces the amount of working capital available. However
Beta. Beta constitutes a tool to measure the volatility or the regular risk, of a security or a portfolio in parallel to the whole market. The use of Beta focus in the capital asset pricing model, which determines the return of an asset based on the expected market returns. Another name to Beta is the beta coefficient. Beta index on January 2016 was 0.79% while in 2015 was 1.01%. A low beta stock will protect a company in a general downturn. ROE Return on Equity. Return on equity (ROE) is the
'Asset report " responsibility may be an unrefined strating point , yet as a benchmark it would urge police powers and police strengths to start to offer informative open records for contrasts in viability in clearing up wrongdoing, proficiency , needs and
Understanding Asset Misappropriation Definition According to Merriam Webster Dictionary, misappropriate verb means to take something such as money dishonestly for your own use or to appropriate something wrongly. On transitive verb it means to appropriate wrongly as by theft or embezzlement. Asset misappropriation is wider than that whereby it could be as taking a piece of paper to write your personal thing during lunch hour or using the computer for your own benefit after the office hour.
40 developmental assets reflect what you learned in your childhood life. In the novel The Pigman, these assets are shown by all characters. In this novel John allows you to explore the 40 developmental assets, caring, other adult relationships, and honesty. In the beginning of the novel John does not really fit either of those, but as he grows up, he starts to fit into those assets. He was a very bad kid until he met Mr. Pignati, Mr. Pignati was a very kind man who cared for John very well. I think
paper company. 1. What are your firm's top 3 tangible assets, top 3 intangible assets, and top 3 capabilities? Tesla’s top 3 tangible assets, intangible assets and capabilities are going to focus with the industry of energy and automotive making. The top 3 tangible assets that Tesla has are their Solar and Energy Plant, PV Cell and Module Manufacturing and Technology Plant, and their Automotive Manufacturing Facility. The top 3 intangible assets of Tesla include the following, Developed Technology
financial strength. The Current Ratio “The current ratio is a liquidity and efficiency ratio that measures a firm's ability to pay off its short-term liabilities with its current assets”(myaccountingcourse). After the expansion corporations current ratio has decreased from 2.33 times of current assets to 1.17 current assets. Where the industry average is 2.7(Table1).
Bargain purchase A bargain purchase consists of financial assets acquired for less than fair market value. In a bargain purchase business combination, a corporate entity is acquired by another for an amount that is less than the fair market value of its net assets. Bargain purchase arises when the price paid for the fair value of the equity shares of the investee is less than the fair value of the net asset of the investee on the acquisition date. In a situation where the investor acquire
Liquidity Liquidity is defined as the ability to convert assets quickly into to cash (Liquidity, 2014). A good standing liquidity is good for companies as well as investors and lenders to the company. For the company it’s a great indication as to whether it will meet short term maturing obligations or not. For creditors and investors, a good standing liquidity portrays the ability of how quick a company can pay off debts. Current Ratio (Current assets ÷ Current liabilities) The current ratio (working-capital
decrease in value of a non-current asset during a given accounting period. (Company Act , 1965) .Depreciation is the term applicable to tangible non-current asset which has physical substance, can be seen and touched. First of all, Straight Line method is also known as Fixed Instalment method. It is the most commonly used method. The annual depreciation expense or charge to the profit and loss account. It is also charges cost evenly throughout the useful life of a fixed asset. The straight line method is
measure the company's ability to pay off its short-term debts as they come due by using the company's current or quick assets, • Current ratio= current assets current liabilities AVP= 1.34 ULTA= 2.9 REVLON= 15.86 • Quick ratio = ( current assets - inventory) current liabilities AVON= .94 ULTA= 1.12 REVLON= 15.26 The safe rate for current ratio is 1 or up, that means the current assets can cover the current liabilities, we see that the current ratio for AVP is 1.34 which means it is it has ability to
average current ratio is .98 and average acid test ratio is .55. These averages are below the average in comparison to the Cheesecake Factory average current ratio is 2.5 and average acid test ratio is 2.2. Therefore, Cracker Barrel has enough current assets to cover their liquidity ratio, so they are providing themselves an excellent financial stability. Above all, the current ratio and acid test ratio includes immediate access to convert to cash. On the other hand, Cheesecake Factory has a financially
value is stated, “The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date” (FASB ASC 820-10-20). I found this explanation in the fair value measurement topic, under the overall subtopic, and in the glossary section. If I was to explain fair value to someone my example would be, if I purchased an asset (interest included) from you, the asset being a car, and you sell it at fair value, the price the
when it comes due. Under asset management efficiency ratios, we look at total assets turnover and fixed asset turnover. Total assets turnover: Modern Technology’s dropped slightly from year 2014 to year 2015. However, Modern Technology is able to use its assets efficiently to generate sales because it is a positive ratio. Fixed asset turnover: Modern Technology’s fixed asset turnover ratio improved from year 2014 to year 2015. This could imply that the increase in fixed assets consisting of net plant
tangible asset over its useful economic life. Depreciation also means that loss value of an asset due to the unfavourable market conditions. Other definition of depreciation is a non-cash expense that decreases the value of an asset. Why depreciation happen? There are four reasons that have make depreciation happen. One of the reasons is wear and tear. When the more noncurrent asset that we used, the noncurrent asset will wear out. For example, motor vehicle is known as noncurrent asset. If we use