This section contains 1,085 words (approx. 4 pages at 300 words per page) |
Analysis and Interpretation of Woolworth's Financial Reports
Financial ratios are an established, standard technique for assessing a firm's financial performance in comparison to other firms and with its own past results. The greater awareness of statistical methods in the past twenty or so years has raised a number of issues concerned with the use of ratios and financial measurements in general.
Ratios are intended to show relationships between dollars, numbers, and percentages taken from balance sheets and/or income statements. An analysis of the transformed data from these two financial statements makes it possible to draw inferences, make comparisons, and track long-term results.
Financial and operating ratios allow one to focus on various areas of...
This section contains 1,085 words (approx. 4 pages at 300 words per page) |