Essays on Penman

The following are the financial ratios for the company, Tyler Technologies Inc.

Profit Ratio Gross profit/ Net sales 93.48 million/194.50 million

The gross profit ratio is 0.4806169666

Liquidity Ratio Current assets/ current liabilities 36.95 million/22.26 million

The liquidity ratio is 1.6599

Debt Ratio Total liabilities/total assets 22.26 million/36.95 million

The debt ratio is 0.6024

Market Ratio Net earnings/number of shares 36.42 million/36.63 million

The market ratio is 0.99426

Analysis of the Ratios Tyler Technologies Inc.is a technology company that deals in technology solutions, which includes hardware and software. The company is listed on the New York Stocks Exchange. From the latest financial statement, the ratios show that the firm is on a growth trend (Pew Tan, Plowman, & Hancock, 2007). The profit ratio and the debt ratio indicate that the firm is doing ...

What is Fundamental analysis?

Fundamental analysis is developing an understanding of a company, its business and the future prospects of the business. The practice involves reading and analyzing reports and consolidated financial statements to get an understanding of the company’s growth prospects, comparative advantages, competitors and the potential market. Further, the procedure of evaluating a stock by way of measuring its intrinsic value by analyzing the associated economic, financial and other functional and non-functional factors is known as fundamental analysis of a stock. If a company is growing at a good pace, has no or fair debts, enough cash and is generating ...

The income statement refers to a system that operates the activities and operations of a company or organization and seeks to give a detailed report and evaluation on its performance during a certain year. The statement provides the details of the expenditure and income of the company for the financial year. Where the sales revenue exceeds the costs, there is production of a profit; where there is the occurrence of the reverse, losses results. As such, the statement acts as a profit and loss account. Elemental components of the income statement include the profit considerations, presentation formats, the details, depreciation and profits, ...

The principle of utility is also the greatest happiness principle. This principle justifies actions in reference to their ability to result in happiness. A right action results in happiness. A wrong action on the other hand results in sadness. Happiness in this context is a feeling of pleasure. It also means the absence of pain in an individual. Sadness on the hand results in unhappiness, pain, and lack of pleasure in an individual. This principle describes what is right and wrong in reference to the actions of an individual. The principle explains that right actions result in happiness among people ...

Analysis of Financial Statements

Financial Analysis Statement Report Introduction: I was asked by the directors of Universal Health Services to write a report on the analysis of financial statements for the last three years to identify the elements which are affecting the internal cash health of the business. The followings are my findings and recommendation. The financial health of the business depends on the historical financial data of the business. It is the responsibility of the CFO of any listed company to identify important financial signals and reports to the higher management in timely manners for the proper planning. It is ...

Yoga is a system based on Hindu philosophy that was developed in ancient India. While the spiritual background in which it was created defined it as a method for attaining a peace of mind and union with the divine, yoga also incorporates several physical and mental practices that are associated with improved physical health and emotional well-being. A posture in yoga is called an asana while a breathing exercise is referred to as pranayama. Both types of practices have been introduced to the Western civilization and popularized during the late 20th century. Since then, yoga has been adopted as a lifestyle by several groups. ...

Abstract

In this document, unique data was utilized to determine the correlation between financial reporting quality and the dividend policy of a firm. Financial reports pertain to any and all disclosures made by firms to report current performance and direction. The quality of financial reports is critical because it drives capital market decision makers significantly. To test this hypothesis, data from fourteen Kuwaiti real-estate corporations were collected and analyzed. The dividends dispensed by these companies were analyzed against their reported Net Income, Total Revenue, Total Assets, Total Liabilities and free Cash. Regression analysis was conducted and the results were analyzed.

The ...