A Study On Financial Performance Using Ratio Analysis Essay

A Study on Financial Performance Using Ratio Analysis of Hindalco Aluminium Company Ltd Pritesh C.Panchal Assist. Professor Smt. Jayaben B. Patel College of Commerce Studies and Research, Anand. Email: Priteshpanchal6017@gmail.com Mukesh B.Tagariya Assist. Professor Smt. Jayaben B. Patel College of Commerce Studies and Research, Anand. Email: mbtagariya@gmail.com ABSTRACT The present study of the research entitled â€Å"A STUDY ON FINANCIAL PERFORMANCE USING RATIO ANALYSIS OF HINDALCO ALUMINIUM COMPANY LTD†. The study was based on secondary data from records, reports and profile of the organization. The ratio analysis is the process of identifying the financial soundness and cost effectiveness of the firm establishing relationship between the items of balance sheet and profit and loss a/c. The present study has thrown major concentration in ratio analysis from the 5 years balance sheet and profit and loss a/c. An objective of the study includes the profitability, cost of goods sold and overall financial performance of the company. Based on the five years balance sheet and profit and loss a/c suitable suggestion were given by the researcher for a better soundness and cost effectiveness of company. Keywords: Current ratio, Profitability Ratio, Aluminium companies. INTRODUCTION The Hindalco story dates back to the young Indian democracy of the 1950s. Ready to take a giant leap, India was geared to make it big, especially in terms of innovation and industrialization.Show MoreRelatedA Study on Financial Performance Using Ratio Analysis at Emami Ltd15589 Words   |  63 PagesA STUDY ON FINANCIAL PERFORMANCE USING RATIO ANALYSIS AT EMAMI LTD SUMMER PROJECT REPORT Submitted by A.GAYATHRIDEVI REGISTER NO: 27348311 Under the guidance of Mrs. R. HEMALATHA, M.B.A., Faculty of management studies In partial fulfilment for the award of the degree of MASTER OF BUSINESS ADMINISTRATION DEPARTMENT OF MANAGEMENT STUDIES SRI MANAKULA VINAYAGAR ENGINEERING COLLEGE PONDICHERRY UNIVERSITY PUDUCHERRY, INDIA SEPTEMBER 2007 SRIRead MoreFinancial Performance Review and Objective1405 Words   |  6 Pages A STUDY ON FINANCIAL PERFORMANCE OF MATHRUBHUMI PRINTIONG amp; PUBLISHING COMPANY LIMITED, CALICUT COMPANY PROFILE Mathrubhumi  is one of the front-runners among the Malayalam newspapers. The first copy of Mathrubhumi  was published on 18th of March 1923K. P. Kesava Menon, the prominent freedom fighter, as Editor and K. Madhavan Nair as Managing Director of it.In the beginning, the paper was published a week and had just one edition from Kozhikode (Calicut).Now with fourteen editions, includingRead MoreFinancial Performance Review and Objective1419 Words   |  6 Pages A STUDY ON FINANCIAL PERFORMANCE OF MATHRUBHUMI PRINTIONG amp; PUBLISHING COMPANY LIMITED, CALICUT COMPANY PROFILE Mathrubhumi  is one of the front-runners among the Malayalam newspapers. The first copy of Mathrubhumi  was published on 18th of March 1923K. P. Kesava Menon, the prominent freedom fighter, as Editor and K. Madhavan Nair as Managing Director of it.In the beginning, the paper was published a week and had just one edition from Kozhikode (Calicut).Now with fourteen editions, includingRead MoreWhat Is Source Of Analysis943 Words   |  4 PagesPeriod of the Study Secondary data is used for the study. 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Ratio analysis is a technique of analysis and interpretation of financial statements. It helps in evaluating the financial position and performance of the firm, ratio analysis also allows firms to compare their operational or fi nancial performance to another firm or the industry standardRead MoreEvaluation Of Financial Position And Performance Of Uk Banking Sector1163 Words   |  5 PagesEvaluation of Financial Position and Performance of UK Banking Sector with Respect to Liquidity and Profitability Research Background: Several research studies have done not only about the importance of performance evaluation (financial and non financial) of banks but also for the impact of analysis to the economy and various stakeholder groups. 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It helps in evaluating the financial position and performance of the firm, ratio analysis also allows firmsRead MoreAnalysis Of The Textile Industry And Company Analysis1175 Words   |  5 Pages ECONOMY, INDUSTRY AND COMPANY ANALYSIS MUZZAMAL IRFAN MC130202491 VIRTUAL UNIVERSITY OF PAKISTAN 20 November 2014 â€Æ' SCANNED COPY OF JCLâ€Æ' SECTION Iâ€Æ' CHAPTER 1: 1.1. Introduction of the project Mark Andrew Skousen an American Economist states that, â€Å"The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail

Surfing- Counter Culture - 1501 Words

In order to successfully understand the inexplicable surfer’s lifestyle as a counter-culture to main society, we must first have a greater knowledge of the ingredients that make this culture so different in the views of the social norm. A counter-culture as described by Professor Chad Smith in the second week of class is, â€Å"When subcultures specially stand in direct opposition to the dominant culture of the society in which they are located, rejecting it’s most important values and norms and endorsing their opposites.† As surfers began to express themselves more and more freely throughout the 1950’s and 1960’s, the surfing sub-culture that was portrayed by the media, with retrospect to Gidget and Beach Part, began to diminish in the eyes of†¦show more content†¦They would create little gimmicks that would further classify themselves as authentic and a bizarre breed. The â€Å"Brown-eye† became a common sight to be seen around bea ch cities and surf spots, as surfers would intentionally pull down their trunks and show their backsides to fellow surfers and the onshore crowd. This however spread to the inter cites and by â€Å"1959 1960 in beach towns and the L.A basin, cars passing by with a youth’s bare posterior framed in the side window were a common sight† (Irwin 22). Although their attitude was indeed a huge aspect in labeling the surf community as a counter-culture, it did not stop there. Their personal image changed as they began to dress in a way unconventional to society thus creating a distinction from others. Now at this point of the paper, we need to look at another view of the surf counter-culture in order to examine both sides of its complexity. Kristin Lawler believes that the thriving capitalism that came post WWII had a huge effect on the growth and direction in which the surfing counter-culture took place. â€Å"The counter-culture of the 1960s was welcomed by capitalist, who had already been getting pretty hip and countercultural themselves† (Lawler 6). With the surfing community identified as rebels to surrounding society, capitalism saw a need to supply these groups of radical individualists with products that were suitable to their lifestyle. She statesShow MoreRelated history of surfing Essay3388 Words   |  14 Pagesplanet’s counter-rotational currents, creating jetstream flows. The winds flow over the ocean’s surface creating friction that spawns chops, pushing up the seas forming perfect bands of open ocean swell. Pushed on by gravitational forces, the swells speed away from the winds that they came from, moving across the deeps until they feel the drag of the shallows near the coast. 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The advertising campaign spoofed popular Indian TV shows likeJassi Jaissi Koi Nahin and Kyu ki saas bhi kabhi bahu thi, to appeal to Indian housewives, thelargest  target  audience  to  watch  these  programs.In addition to targeting housewives, who playRead MoreConsumer Behaviour and the Surf Wear Industry2278 Words   |  10 Pageswhich the surf wear companies are not providing. †¢ â€Å"Primarily a member of the garment industry, surf wear has found itself extending and competing to non-surfing members of the consumer population fighting to maintain an image that is both associated with the ‘genuine surfers’ but capitalising on the fashion consciousness of the non-surfing consumer base.† (Bergin et al. 2003, P 13). This expansion of consumers has led to disgruntled and alienated core consumers, which has resulted in the company’s

Methods To Calculate Wave Propagation †MyAssignmenthelp.com

Question: Discuss about the Different Methods To Calculate Wave Propagation Analysis. Answer: Introduction According to (Braja, 2016)there is a need for Civil Engineers to properly understand different theories and analysis that are used to evaluate soils and foundation designs. The extensive Geotechnical Engineering is a wide study that helps mechanics in their day to day study of soil and rocks, learning their features and soil composition. In this report, we are looking at a study of wave propagation analysis of two-phase saturated porous media using coupled finiteinfinite element method. An extensive study of soil and its behaviors, the decay function of sub-surface materials is shown based on the analytical solution. A properly managed study of the phenomenon of wave propagation in water bearing media must have effective and results. There are many methods used to deal with unbounded domains. However both methods are good and give estimated results. The finite and infinite domain. Computationally, Differential Equations governs wave propagation, saturated slightly in porous media. Computational Framework/ Numerical Method. Computational framework is the basis of observing chemical processes reactions. In the research method of wave propagation analysis of two phase saturated porous media using finite-infinite element method, computational framework/numerical model is the finite method proposed for analyzing the remote domains. This method is usually used in engineering and mathematical physics to come up with solutions of numeric. The finite method is used to truncate boundaries that are at a large distance remotely from one zone then fixed or free boundary conditions are imposed. This approach have its own limitations whereby, if the waves reflect back near the field, wrong results may be incurred. This approach has its own limitations in case the systems used are taken legal action. The finite method may lead to high costs resolving from computational, large storage needed and time frame penalties. These are the major limitations of the numerical method. Main features of Computational Framework. One of the features of the truncating approach is imposing a special boundary condition whereby the infinite domain is truncated at an arbitrary location, for example absorption of energy. This method however is not satisfactory because they are mostly artificial. Another feature of the Framework is using a finite element that are coupled together and boundary element method. This is whereby there is a division of the whole system to the closest field, that in cooperates symmetrical boundaries and non- homogeneous and those fields that extent to limitlessness. The third feature in the finite method, is using the cloning method that was proposed by known Dasguta. Which was later made better by wolf and Song. The advantage of this method is that it is the only finite approach that is standalone. However its main weakness is whereby, some conditions of similarity of geometry and property of material can be satisfied. Another great feature for computational framework is the use of finite element and the infinite approach. This is used to measure the infinity in different ways whereby the finite elements measure near area and in-finite one used to measure areas that are far. Other methods used Governing Equations Governing equations is whereby, mass is conserved and energy too is conserved in fluid. In wave propagation analysis, the porous media can be compressed with viscid fluids. Infinite Element Formulation This is where shape decays with distance and zero is reaches infinity. The shape functionality does not matter a lot here. This methods consists of two main steps whereby, there is need of analytical identification solution of the problem and derivation of the shape from it. This method in cooperates several solutions. I.D analytical approach is one of the solutions of the infinite element foundation whereby element functions shapes are derived from it. Shape functions is another type of infinite element solution whereby the shape functions are the key elements. Property functions is another approach whereby all directions are shown. Finite Element Formulation. This is where, the research is done using Galerkin approach. The Finite Element Method (FEM) is a numerical technique that is used to get estimated solutions of partial differential equations. FEM, was originated from the need of solving complex elasticity and structural analysis problems in Civil Engineering. It aids in giving strength and stiffness to structures that are being simulated. Moreover assists in cost elimination and weight minimization to structures that are being built. This method subdivides large tasks into smaller parts that are simple to tackle which are called finite elements.(Joonsang, 2012) Infinite Element Formulation Infinite element Formulation (IFEM), is usually calculated using integer m, known as the infinite element order. For one to get the smallest error possible between estimated and exact solution, then the order of integer m, should be highest. These elements, the infinite elements are used in acoustic models to represent the radiation of field on finite elements that are unbounded. They have many advantages over some of the boundary treatment of such tasks. While carrying out this example, providing stability to such structures some of the factors to be taken into consideration entails avoidance of very big, dominant massing, large elongated or slab-like plates, being very innovative and creative with appropriate choice of materials especially key in the, inaccurate methods of computation of stresses and strains from the effects of shrinkage, this is to mean only shapeless materials are used.rimming the infinite domain at an arbitrary location then imposing great boundary locations. Th is is where shape decays with distance to zero as reaches it infinity. The shape functionality does not matter a lot here. This methods consists of two main steps whereby, there is need of analytical identification solution of the problem and derivation of the shape from it. This method in cooperates several solutions. (Joonsang, 2012) Verification method Verification method commonly have four parts, which are intense inspection, demonstration of the results, testing and analyzing the findings. In inspection, the common methods used are usually the five senses which are tasting, touching, seeing, smelling or olfactory. This is used to identify the accuracy and efficiency of the infinite method during wave propagation analysis. Two experiment are carried out and then they are compared to verify the similarities. Example, a problem with 1D problem that consists saturated porous media subjected to a uniform harmonic loading with circular frequency. A schematic representation of the problem and the finiteinfinite element the near field is discretized using eight-node isoperimetric finite elements and the far field is modelled using a single infinite element. Comparison of Finite Element method and other Methods Theoretically finite element method has more advantages compared to other methods on porous media. The most known advantage is stability. Finite element method is more stable compared to the other methods and easy to establish. It is good to know prior so that one will not use it unknowingly. Convergence is another advantage of finite method because variation forms usually are consistent with governing equations. The approximation of finite method usually follows from best approximate results. The finite method is easily adaptable thus making adaptivity the third advantage of finite method over the others. This is where you have to rely on indication and not estimation. The other method show where error might be and not the exact place. Computationally, finite method also has some advantages as listed below, Hybridization this is where the mixed formulation method is used, where you use second order term as systems of two first order terms. Inhomogeneity this is when one used higher order quadrature rule in finite method naturally. Complex geometrics, this is where infinite method is used to solve problems theoretically given that one has a good mesh generator, without changing a code. Boundary conditions, this is whereby finite element method is used to resort conditions that are considered weak.With the above comparisons, of finite elements over the other methods, the advantages make the method seem to be the most efficient method to use in the testings. Conclusion In conclusion, wave propagation problems have been fully analyzed and it is seen that that have saturated the soils in great way. This includes domains that are unbounded. Geotechnical Engineering should be incorporated more and many approaches used to come up with an accurate answer or method. Application of the infinite element is discussed into length to show efficiency of the proposed element. The Finite method may seem to be the best, but keeping in mind the other methods too are all well perceived. The main aim is to come up with a better method that will give accurate results irrespective of the shape of the soils or surfaces. To conclude, when the two methods are in cooperated or used together, they tend to bring out accurate results, until when infinite elements are introduced and then the numerical results seems to disappear. For Civil Engineers to come up with the best method, they need to test and proof test the method and finally use the one that does not strain, or limi t them in any way possible. References Athanasios, P., Thomas, B. (2010). Soil Engineering. Berlin: Heidelberg. Braja, M. (2016). Principles of Foundation Engineering. Australia: Cengage Learning. Celebi, E., Goktepe, F., Karahan, N. (2012). Non-linear finite element analysis for ptrediction of seismic response of buildings considering soil-structure interaction. Copemicus GmbH. Delwyn, G., Murray, D. (2012). Unsaturated soils mechanics in engineering. Hoboken, N.J: Wiley. Hao, L. (2008). Diffraction of SH-waves by surface or sub-surface topographies with application to soil-structure interaction on shallow foundations. Los Angeles: California. Jien, H., Andrew, J. (2011). Geo-Frontiers 2011: advances in geotechnical Engineering. Reston: VA Joonsang, P. (2012). Wave motion in finite and infinite media using the thin layer method. Karl, T., Ralph, B. (2013). Soil Mechanics in Engineering practice. England: Read Books Ltd. Lutz, L. (2007). Wave propagation in infinite Domains: with applications to structure interaction. Dordrecht: Springer. Reddy, R. (2010). Soil Engineering. New Delhi: GeneTech Books. Rodney, L. (2013). Soil and Water conservation engineering. St. Joseph: Mich. Sunjay, K. (2017). Fundamentals of Fibre-Reinforced Soil Engineering. Singapore: Springer Singapore.

Hospital Treatment and Premature Mortality †MyAssignmenthelp.com

Question: Discuss about the Hospital Treatment and Premature Mortality. Answer: Introduction: Manunaku District Health Board in New Zealand is the largest health organization which provides health and disability services to almost a million people every year.A proposal was provided to the health service regardingfunding from Ronald McDonald House Charities, for accommodation and other services at Middlemore Hospital for review and acceptance. Currently the organization has been facing stiff economic crisis followed by reshuffling of the top grade, finance management employees(Thornley Marshall, 2016). The charity is being supported by McDonaldsa fast food joint, along with the fact that New Zealand has been facing health issues related to obesity, raises questions regarding the ethical values of the proposal. Currently, The New Zealand Nutrition Foundation has already provided an estimate of more than a third of its population suffering from obesity or overweight along with more than 60% children from Pacific Island and 40% of the Maori children (Coppell et al., 2013). On an ethical perspective, utilitarianism entails the output of maximum good for the greater number of people, which justifies the ethical decisions. This philosophy emphasizes on the need of estimated consequences of an action than the original intent behind it. Considering this case, it is evident that the proposal stands in support of the greater good of the people. The direct consequences of the mentioned proposal could be of great significance as the charity in concern has been actively participating in donation services and has helped over 3700 families in New Zealand alone. The charity has been providing valuable health services to the neighbouring Auckland District Health Board for more than 25 years and evidently serves for the general good health and well-being of the people. The consequences of accepting funds for accommodation and other health services from Ronald McDonald House of Charities have consequentiallyadavntage by though aiding thousands of patients and their fa milies throughout New Zealand. Taking this case into consideration, the acceptance or rejection of the proposal does cause a huge difference in the resulting areas, especially because of the poor economic health of the Counties Manunaku District Health Board. The proposal also initiates a vital question regarding the nature of consequences and more importantly challenges the nature of intent behind the course of action (Jones Felps, 2013). Keeping in mind the short-term consequences of the proposal, it does maximise good health and better health services for a large section of the society; yet, the fact that McDonalds Charity House is linked with the fast food chain company raises concern regarding the long-term consequences. New Zealand has been facing a wide array of health issues that sprout from fast food consumptionobesity, diabetes and more. Conclusion From a utilitarian ethical viewpoint raises doubts regarding the totality and relevance of short-term benefits as compared to the long-term demerits. The overall ethical argument of the case proposal, seem to incline towards a utilitarian ethical value. Considering the poor economic conditions of the District Health Board along with the rising health issues, especially amongst children and elderly people, the proposal paves way for reduction in health risks by making health services easily accessible for all. It earns maximum consumer satisfaction by reaching out to a large number of people and consequentially reduces the total amount of pain experienced by the people. Thus from this perspective, the hospital should have accepted the proposal for the greater good of the people and focus on health promotion on good health habits among the population. References Coppell, K. J., Mann, J. I., Williams, S. M., Jo, E., Drury, P. L., Miller, J. C., Parnell, W. R. (2013). Prevalence of diagnosed and undiagnosed diabetes and prediabetes in New Zealand: findings from the 2008/09 Adult Nutrition Survey. The New Zealand Medical Journal (Online), 126(1370). Jones, T. M., Felps, W. (2013). Shareholder wealth maximization and social welfare: A utilitarian critique. Business Ethics Quarterly, 23(2), 207-238. Thornley, S., Marshall, R. (2016). Lack of housing, hospital treatment and premature mortality: a cohort study of people in Counties Manukau district. Age (years), 607(51.4), 0-026.