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Essay > Words: 1334 > Rating: Excellent > Buy full access at $1
Ajman bank
Name
Affiliation
Name of Ratio
Formula
Solution
Year 1
Solution
Year 2
2014
2013
% Change /Increase or Decrease
Return on Total Assets
Net Capital ÷ Average Total Assets
1200/879
1580/1200
136%
132%
Decrease
Return on Equity
Net Capital available to Common
Stockholders ÷ Average Common
Stockholders’ Equity
2345/3400
3320/8500
68%
39%
Decrease
Age of Receivables
Average AR (net) x 365 ÷ Net Credit
Sales
124*365/310
124*365/310
23
45
Increase
Inventory Turnover
Cost of Sales ÷ Average Inventory
1890/320
1430/450
6.2
5.5
Decrease
Percentage change
in Sales
Current Year Net Sales – Prior Year Net Sales/Prior Year Net Sales
1050/450
1570/600
23%
28%
Increase
Gross Profit
Percentage
Net Sales – Cost of Sales ÷ Net Sales
910/6519
975/9033
13.5%
10%
Decrease
Operating Expenses as a Percentage of
Sales
Operating Expenses ÷ Net Sales
1976/5600
2300/9030
33%
21%
Decrease
Bad Debt as a Percentage of Sales
Bad Debt Expense ÷ Net Credit
Sales
180/710
250/980
31%
24.4%
Decrease
Repairs and
Maintenance as a Percentage of Net Fixed Assets
Repairs and Maintenance Expense ÷
Net Fixed Assets
2000/4500
2700/8000
20.9%
21.5%
increase
Current Ratio
Current Assets ÷ Current Liabilities
2600/23
3000/29
112%
116%
Increase
Quick Ratio
Current Assets – Inventory – Prepaid items ÷ Current Liabilities
465/128
700/200
40.5%
39.1%
Decrease
Debt Ratio
Debt ÷ Total Assets
1380/1000
1270/510
1.3%
3.6%
increase
Times Interest
Earned
Operating Capital ÷ Annual Interest
Payments
2077/1750
3400/830
21.67%
44.56%
increase
Debt Service
Coverage
Net Capital + Depreciation ÷ Annual
Principal Payments
170/530
190/400
35.2%
38.7%
Increase
Introduction
The ideas, uses and impediments of financial ratio analysis are clarified further down. A portion of the essential procedures of computing ratio investigation are inspected. The brief history of Ajman Bank open restricted organization and their future goals are encased. Budgetary proclamations are utilized to ascertain and investigated utilizing ratio examinations from financial specialist’s perspective. Finally, confinements of .............
Type: Essay || Words: 1334 Rating || Excellent
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