Friday, August 9, 2019
Financial Accounting Assignment Example | Topics and Well Written Essays - 500 words
Financial Accounting - Assignment Example According to the financial indicators, it can be determined that returns on assets and fixed assets of the company have eventually decline during the period. This reflects that company remains inefficient to utilize it assets and fixed assets. the financial information of the company depicts that the 2008 had the highest asset and fixed assets turnover. On the other hand, 2012 is noted to have the lowest assets turnover. Though the profits of the company during the period have increased, this reflects that the companyââ¬â¢s has high turnovers on equities. The company remains more efficient in utilizing its equities, rather than its assets. It can also be determined that the company has been more inclined to increase its assets, but its utilization has remained inefficient. Analyzing the financial indictors of the company, it can be concluded the overall profitability of the company has eventually increased, whereas the assets turnover of the company depicts a declining trends duri ng the period. This means that much of the companyââ¬â¢s assets remain unutilized, therefore the management shall take appropriate measures to utilize its assets, which shall eventually contribute to the profit margins of the
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