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If gross profit ratio has been increased in first year and gross profit ratio has been decreased in second year then what is the financial position of the company?
Wiki User
∙ 14y ago
it mean the cost of sale sale of company increase or the direct cost increase
Wiki User
∙ 14y ago
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Gross profit ratio has been increased in first year and gross profit ratio has been decreased in second year then what is the financial position of the company?
This would completely depend on how far the gross profit ratio decreased in the second year compared to the ratio at the start of the year.
What reflects the financial position of a company at any given time?
The 'financial statement' reflects the financial position of a company at any given time.
How would you analyze financial position of Company from point of view of an 1Investor. 2 Creditor and3 Financial executive of the company?
How would you analyse the financial position of a company from the point of view of an: (i) Investor (ii) A creditor, (iii) A share holder
How do you measure company performance?
You can measure a company's performance by assessing their financial position. There are many financial ratios that can be used to see if a company is performing.
What reports a company's financial position?
It's the Balance Sheet.
What is the basic purpose of funds flow statement?
Financial position of the company
what is ratio analysis?
it refers to the assessment of financial statements of a company to make decisions regarding performance and financial position. it covers various areas of a company, like profitability, liquidity, solvency, and market value.
What are financial forecasts and financial projections?
Financial forecasts and financial projections are estimated future financial statements of the company that presents its expected financial position. Financial forecasts assume that the company will continue to function in the same manner as it is currently functioning and in financial projections there are few hypothetical assumptions about a company's future course of action.
Which of these explains the financial position of a company at a specific point in time?
balance sheet
What is the significance of financial statement and budget?
A financial statement needs to be prepared for all large companies as part of the Accounting Standards. It is a legal requirement to do so. It will provide a record of the financial position of the company, from which calculations can be made (i.e. ratios) which can be compared to former years to analyse how the company is doing financially. The result of these ratios can aid in the preparation of budgets. Certain budgets need to be increased, other may need to be decreased or removed. With budgets it is important to compare budgeted cost to actual cost and analyse the variations to determine the efficiency of operations for the specific department or item that the budget was allocated for.
What is the role of a chief financial officer?
The chief financial officer is an officer of a company in corporate leadership that is responsible for managing the cash flow and financial reports of a company. This position usually works closely with the CEO.
Are there any qualifications needed for financial advisor jobs?
The exact qualifications needed for a job as a financial advisor vary from company to company and from position to position, but nearly all jobs require both prior experience and a degree in economics.
