Asset Essays

  • Asset Forfeiture

    1194 Words  | 5 Pages

    Drugs. Since the US government declared the War on Drugs asset forfeiture has been widely used by law enforcement agencies to reduce drug criminals influence. Asset forfeiture is effective in tackling illegal drug crimes and funding government agencies, but the laws about asset forfeiture has been controversial due to its questionable profit incentives for law enforcement and inability to protect property owners from unfair seizures. Asset forfeiture is the legal process in which property is seized

  • Examples Of Asset Misappropriation

    1267 Words  | 6 Pages

    Understanding Asset Misappropriation Definition According to Merriam Webster Dictionary, misappropriate verb means to take something such as money dishonestly for your own use or to appropriate something wrongly. On transitive verb it means to appropriate wrongly as by theft or embezzlement. Asset misappropriation is wider than that whereby it could be as taking a piece of paper to write your personal thing during lunch hour or using the computer for your own benefit after the office hour.

  • Essay On Depreciation Method

    743 Words  | 3 Pages

    The most common method of depreciating assets for financial statement purposes (as opposed to the method used for income tax purposes) is the straight-line method. Under this depreciation method, the depreciation for each full year is the same amount. Accelerated depreciation is any method of depreciation used for accounting for income tax purposes that allows greater deductions in the earlier years of the life of an asset. It is important to remember that depreciation is an attempt to match expenses

  • Bx Financial Analysis

    1455 Words  | 6 Pages

    margin  Asset Turnover  Return on Asset  Return on Equity  Debt to Equity Ratio  Equity Multiplier Figure 2: Ratio Results Section 2 Identifying five external factors that impacted on BCX’s performance the previous five years. 2.1 Profit margin Simply defined as

  • Logitech Case Study Solution

    705 Words  | 3 Pages

    balance sheet. Statement of financial position 2010 2009 Assets Total % of total assets Total % of total asset Current assets Cash and equivalents $319,944.00 20.00% $492,759.00 34.66% Short-term investments $1,637.00 0.12% Account receivable $195,247.00 12.21% $213,929.00 15.05% Inventories $219,593.00 13.73% $233,467.00 16.42% Other current assets $58,877.00 3.68% $56,884.00 4.00% Total current assets $793,661.00 49.61% $998,676.00 70.25% Property plant and equiptment $91

  • Mcdonald's Across Time Case Study

    899 Words  | 4 Pages

    McDonald Corporation’s average return on total assets is 14.97% during the 3-year period, with slight decrease in 2013 and notable decrease in 2014. The gross margin remains stable and the average is 66.20%. The average profit margin ratio is 28.39%, with a sharp decline from 29.38% to 26.19% respectively. These two ratios reflect the profitability of McDonald’s. The figures indicate that McDonald’s Corporation’s ability of making profits out of assets is weakening, but it still remains at a high level

  • Monash Cow Ltd: A Case Study

    463 Words  | 2 Pages

    There are some assets that do not generate cash flows independently from those of other assets. For instance, milking machines in the milk production sector which perform tasks such as separating the cream from milk generally do not generate their independent cash flows. The cash flows ultimately come from the sale of the milk products such as custard and yoghurt. The problem lies here as AASB 136 paragraph 67 mentions that an asset’s recoverable amount cannot be determined if the asset’s value cannot

  • Fair Cost Vs Historical Cost Accounting

    1050 Words  | 5 Pages

    cost that is fixed i.e. purchasing cost. Fair cost is the cost on which the assets can be sold or exchanged among the different parties and the liabilities can also be settled with the other parties while the historical cost of an asset is that cost on which that particular asset was purchased. The fair value of an asset can be determined from the current situation of the market because it is the market value of the asset while the historical cost is always fixed; it can’t be changed with the passage

  • Case Study: Cash Budget For Cotton And Linen

    903 Words  | 4 Pages

    Homework 10 1) Decision Case 22-2 1. a) Cash Budget for Cotton and Linen Anne Manuson Cash Budget - Cotton 4 months until 31st December 2011 Beginning Cash Balance 25 Cash receipts: Cotton Sales (25 x (0.9x$20)) 450 Cash available 475 Cash disbursement - Account Payable Total Cash Disbursement 74 (74) Budgeted Cash Income $401 Anne Manuson Cash Budget - Linen 4 months until 31st December 2011 Beginning cash balance 25 Cash receipts: Linen sales (15 x (0.90 x $50))

  • Pros And Cons Of Bargain Purchase

    914 Words  | 4 Pages

    Bargain purchase A bargain purchase consists of financial assets acquired for less than fair market value. In a bargain purchase business combination, a corporate entity is acquired by another for an amount that is less than the fair market value of its net assets. Bargain purchase arises when the price paid for the fair value of the equity shares of the investee is less than the fair value of the net asset of the investee on the acquisition date. In a situation where the investor acquire

  • Advantages Of Straight-Line Depreciation

    732 Words  | 3 Pages

    decrease in value of a non-current asset during a given accounting period. (Company Act , 1965) .Depreciation is the term applicable to tangible non-current asset which has physical substance, can be seen and touched. First of all, Straight Line method is also known as Fixed Instalment method. It is the most commonly used method. The annual depreciation expense or charge to the profit and loss account. It is also charges cost evenly throughout the useful life of a fixed asset. The straight line method is

  • Swot Analysis Of Avon Company

    849 Words  | 4 Pages

    measure the company's ability to pay off its short-term debts as they come due by using the company's current or quick assets, • Current ratio= current assets current liabilities AVP= 1.34 ULTA= 2.9 REVLON= 15.86 • Quick ratio = ( current assets - inventory) current liabilities AVON= .94 ULTA= 1.12 REVLON= 15.26 The safe rate for current ratio is 1 or up, that means the current assets can cover the current liabilities, we see that the current ratio for AVP is 1.34 which means it is it has ability to

  • Straight Line Method Of Depreciation

    1320 Words  | 6 Pages

    tangible asset over its useful economic life. Depreciation also means that loss value of an asset due to the unfavourable market conditions. Other definition of depreciation is a non-cash expense that decreases the value of an asset. Why depreciation happen? There are four reasons that have make depreciation happen. One of the reasons is wear and tear. When the more noncurrent asset that we used, the noncurrent asset will wear out. For example, motor vehicle is known as noncurrent asset. If we use

  • Importance Of Fair Value Measurement: Hilton Worldwide

    1678 Words  | 7 Pages

    received to sell an asset or paid to transfer a liability (exit price) in an orderly transaction between market participants on the measurement date. Another important criteria in fair value measurement is that all the measurement are market-based but not entity-based and, the measurement requires to take market conditions to account, especially the principal market and it is basically measured using the assumptions that would be used by market participants in order to price an asset or liability. However

  • Initial Trust Property: Case Study

    562 Words  | 3 Pages

    Initial Trust Property The initial trust estate consists of all right, title, and interest of the Settlor in or to any and all of the following property. 1. At the time of the writing of this trust, my primary residence is 7010 Orbit, CA 91400. 2. The contents of my personal residence as well as any property I own. 3. All other real property I own or come to own for which the documents evidencing ownership of that property do not provide otherwise. 4. All of my ownership interests in any business

  • Ryanair Financial Ratio Analysis

    2985 Words  | 12 Pages

    The following example will provide further explanation: some entities, for instance a supermarket, may have a lot of cash trade. Due to this reason, it is a possibility that their current assets ratio of less than 2 : 1. This is not likely to be an issue for them because sufficient amounts of cash is probably collected daily through the checkouts. On the other hand, the airline industry, a low current ratio may not necessarily mean that a

  • Lowe's Financial Statement Analysis

    674 Words  | 3 Pages

    Business AC505. Fiscal Resources Angie Norbek Date of Submission: August 06, 2015 Lowe’s Companies Financial Statements This assignment explains about Lowe’s Companies Financial Statements with more details on Lowe’s balance sheet, its assets, current liability, Lowe’s stockholders’ equity, Lowe’s statement of cash flows etc. Introduction Lowe’s is a multinational company with a chain of companies in the United States, Mexico & Canada. Lowe’s is helping large number of customers in

  • Jagdambay Exports Case Study

    1681 Words  | 7 Pages

    to CFO of Jagdambay Exports. I will explain the following questions. 1. Explain the components of a financial market and its relevance to Jagdambay Exports. Be explicit and explain to the CFO how financial markets differ from markets for physical assets and why that difference matters to Jagdambay Exports. 2. Explain the relevance of money markets and capital markets for Jagdambay Exports. 3. Analyze Jagdambay exports and advise how the CFO should consider the primary market and secondary market

  • Newmont Case

    977 Words  | 4 Pages

    debt expenses. When a company’s interest coverage ratio is only 1.5 or lower, its ability to meet interest expenses may be questionable. Return on Assets measures how efficient firm assets in generating profit. It is expressed in percentage. Higher the ROA, more money the company is earning on its assets. A low ROA shows inefficient use of company’s assets. Return on Equity shows how much profit the company is generating with the money invested by common shareholders. ROE is expressed in percentage

  • Boeing Working Capital Ratio Summary

    979 Words  | 4 Pages

    The working capital ratio measures the difference between the total current assets and current liabilities. My analysis of Boeing’s working capital ratio has shown a steady increase from $2.4 million in 2009 to $8.5 million in 2011. This is a positive indicator that the company has the ability to pay it liabilities. Boeing has a massive $374 billion backlog, amounting to five times 2011 sales. Such strong revenue visibility should allow the firm to adjust production rates and ride out economic downturns