Financial Management

AXIA COLLEGE UNIVERSITY OF PHOENIX Financial concern HSM 220 Kaitlyn Calhoun 4/28/2011 ? Importance of Financial Ratios The impressiveness of separately balance is to dish up owners or whoever is in counsel of running the place to study their unions mental process comp tell apart to their competitors and is also apply to remnant the business or agencys performance everyplace time. Ratio analysis bottom show state numerous things about a company and its operations. Financial ratios argon essentially viewing areas of strength or weakness when split and compared to each year. Contribution, general counseling and disbursement dropped from 2003 to 2004. The program and meliorate in certain places but non very over often in new(prenominal)s. The areas that would quest to be worked on improving are either arduous to subject add get downs or spread the largest receipts source for the contribution ratio. The other thing that would hire to be worked on would be trying to reduce management get downs or like for the contribution ratio, we would need to somehow reduce expenses. By taking the revenue and expense ratio for example, this ratio compares how oftentimes the agency is spending (expense) to how lots the agency is make (revenue). This willing show them if they are devising any considerate of internet or not. The program expense ratio is showing how much of the expenses are going toward the program.

2003 current Ratio82,058.00/93,975.000.87 semipermanent Solvency359,863.00/259,979.001.38 Contribution632,889.00/1,244,261.000.51 Programs & depreciate865,691.00/1,316,681.000.66 General Management & Expense371,101.00/1,316,681.000.28 tax income & Expense1,244,261.00/1,316,681.00 0.94 2004 Current Ratio302,902.00/337,033.000.90 long-run Solvency699,004.00/338,937.002.06 Contribution1,078,837.00/2,191,243.000.49 Programs & Expense1,410,312.00/1,972,131.000.72 General Management & Expense445,819.00/1,972,131.000.23 revenue enhancement & Expense2,191,243.00/1,972,131.00 1.11 2002 variable quantity speak to:...If you want to get a full essay, rescript it on our website: Orderessay

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