This document provides an introduction to financial management and ratio analysis. It discusses how financial management is important for resource allocation and profit maximization. Ratio analysis is also introduced as an important tool to study the financial position of companies by examining relationships between financial data points. The objectives, significance and methodology of ratio analysis are outlined. Limitations of ratio analysis for the study are also noted.
A Project Work on “A Study on Cash Flow Statement Analysis- at Penna Cement ...ijtsrd
Digital payments are gradually replacing physical cash transactions. In other words, e payment systems or cashless transactions make up digital payments in the online platform, and online payments are widely used as they are perceived to be easy, quick, and comfortable. Digitalization is the key for future growth of the Indian economy. In order to make this into reality, the Indian government and e payment service providers banks are establishing numerous awareness programs to bring e payment systems into the hands of the people in India. Mothikari Prathibha Bai | Dr. B. C Lakshmanna "A Project Work on “A Study on Cash Flow Statement Analysis- at Penna Cement Industries Ltd" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd45204.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/45204/a-project-work-on-%E2%80%9Ca-study-on-cash-flow-statement-analysis--at-penna-cement-industries-ltd/mothikari-prathibha-bai
A Project Work on “A Study on Cash Flow Statement Analysis- at Penna Cement ...ijtsrd
Digital payments are gradually replacing physical cash transactions. In other words, e payment systems or cashless transactions make up digital payments in the online platform, and online payments are widely used as they are perceived to be easy, quick, and comfortable. Digitalization is the key for future growth of the Indian economy. In order to make this into reality, the Indian government and e payment service providers banks are establishing numerous awareness programs to bring e payment systems into the hands of the people in India. Mothikari Prathibha Bai | Dr. B. C Lakshmanna "A Project Work on “A Study on Cash Flow Statement Analysis- at Penna Cement Industries Ltd" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd45204.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/45204/a-project-work-on-%E2%80%9Ca-study-on-cash-flow-statement-analysis--at-penna-cement-industries-ltd/mothikari-prathibha-bai
An antiderivative of a function is a function whose derivative is the given function. The problem of antidifferentiation is interesting, complicated, and useful, especially when discussing motion.
This is the slideshow version from class.
Lesson 22: Applications to Business and EconomicsMatthew Leingang
Calculus and economics have an interesting interplay. The laws of economics can be expressed in terms of calculus, and find extreme points can be a lucrative operation!
Financial is the result of an organized process that is commonly referred to as money management or financial planning and control. Financial planning is the process of managing money to achieve economic satisfaction. This planning process allows for controlling financial situation. Every organisation has a unique financial position, and any financial activity therefore must also be carefully planned to meet specific needs and goals. A comprehensive financial plan can enhance the quality of organisation life and increase future needs and resources. The specific advantages of personal financial planning include Increased effectiveness in obtaining, using, and protecting your financial resources throughout your lifetime The objective of the present study was to study the financial planning and to analyze the financial control. The tools applied for this study are Additional Fund Needed, Breakeven Analysis, Index analysis etc, findings reveals that the additional fund needed was increased during the study period. The company has to reduce the additional fund needed, dividend payout ratio, plant capacity and in order to increase the retained earnings and profit margin. For most companies, planning and controlling is a necessary but painful process. Unfortunately, it is often a prolonged exercise that takes so long that the starting assumptions are virtually meaningless by the time the process is complete. Add to that the rapidly increasing need for reporting and controls, both from investors and to meet regulatory requirements. As per the above observations and analysis the company will have to improve its financial planning and control for the upcoming years.
Abstract: Financial is the result of an organized process that is commonly referred to as money management
or financial planning and control. Financial planning is the process of managing money to achieve economic
satisfaction. This planning process allows for controlling financial situation. Every organisation has a unique
financial position, and any financial activity therefore must also be carefully planned to meet specific needs and
goals. A comprehensive financial plan can enhance the quality of organisational life and increase future needs
and resources. The specific advantages of personal financial planning include Increased effectiveness in
obtaining, using, and protecting your financial resources throughout your lifetime The objective of the present
study was to study the financial planning and to analyze the financial control. The tools applied for this study
are Additional Fund Needed, Breakeven Analysis, Index analysis etc, findings reveals that the additional fund
needed was increased during the study period. The company has to reduce the additional fund needed, dividend
payout ratio, plant capacity and in order to increase the retained earnings and profit margin. For most
companies, planning and controlling is a necessary but painful process. Unfortunately, it is often a prolonged
exercise that takes so long that the starting assumptions are virtually meaningless by the time the process is
complete. Add to that the rapidly increasing need for reporting and controls, both from investors and to meet
regulatory requirements. As per the above observations and analysis the company will have to improve its
financial planning and control for the upcoming years.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
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1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
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how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
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Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
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Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
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Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
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1. INTRODUCTION
Finance is one of the basic foundations of all kinds of economic
activities. Finance management is an integral part of overall management. It is
not a totally independent area. It is concerned with the acquisition, financing
and management of assets with some specific goals. Financial management is
important because it has an impact on all activities of the firm. The basic
objectives of financial management are maintenance of liquid assets and
maximization of the profitability of the firm. Maintenance of liquid assets
means that the firm has adequate cash in hand to meet its obligations at all
times.
Finance is the life blood of the business. The activating element in any
business which may be industrial or commercial undertaking is finance.
The finance function of a management is not only arranging funds for the
business organization but also includes planning, forecasting of cash flow,
receipts and payments, raising and allocation of funds and financial control.
Therefore every profit seeking organization put their efforts for the effective
utilization of its sources.
Even the term financial management could be referred as money
management, it is mainly concerned with the proper management of financial
resources and the factors like risk, cost and control considerations are properly
balanced in given situation and there is optimum utilization of funds. Financial
management as an integral part of overall management is not a totally
independent area. It relays heavily on related disciplines and quantitative
methods. It helps in profit planning, capital spending, measuring costs
controlling inventories, accounts receivables, etc. It essentially helps in
optimizing the output from a given input of funds.
2. SIGNIFICANCE OF FINANCIAL MANAGEMENT
Financial management is one of the most important functions of the
company. It is the area in which the financial resources of the company are
allocated and budgeted. Risk management and financial reporting are carried
ions of the company. It is the area in which financial resources of the company
are allocated and budgeted, risk management and financial reporting are carried
out.
The main function of financial management is that how you are
financing in your business. Basically a company has three sources of cash flows
including cash flow from operating activities, investing activities and financial
activities. And financial management deals with all decisions related to financial
activities. In any business there are limited financial and material resources and
the function of the financial management is to allocate the financial resources
rightly and to get maximum out of them. The finance functions mainly deals
with the following three decisions viz., investment decision, financing decision
and dividend.
Financial functions are concerned with the planning, directing and
controlling the financial activities of an enterprise. It deals mainly with raising
funds in the most economic and suitable manner. In every organization where
funds are involved, sound financial management is necessary. It also helps in
development of organization as well as national wealth. It also helps in profit
planning, capital spending, measuring costs, controlling inventories and account
receivables. Financial management also deals with more complex problems like
mergers, acquisitions, takeovers and reconstructions etc.
The basic objective of financial management is maintenance of
liquid assets and maximizations of the profitability of the firm. It can be also
viewed that the objective of financial management is to maximize the wealth of
the shareholders. Financial management also aims to ensure that the resources
of the company are being allocated rightly. In fact the companies have very
limited resources therefore, for the allocation of the resources proper
management also helps the manager to determine the possible investments for
the company.
3. INTRODUCTION TO THE TOPIC
The ratio analysis is one of the important tools of financial statement
analysis to study the financial stature of the business fleeces, corporate houses
and so on. The ratio illustrates the relationship between the two related
variables. Ratios do not add up to any information that is readily available, but
they show the relationship between two items in a more meaningful manner
which helps us to draw certain conclusions.
Comparison with related facts is the basis of ratio analysis. Ratios may be
used for comparison in any of the following ways.
Comparison of the firm with its own performance in the past.
Comparison of one firm with another firm in the industry.
Comparison of an achieved performance with pre-determined
standards
Comparison of one department of a concern with other departments.
Ratios serve as effective control tools. And contribute significantly towards
effective planning and forecasting. Ratios also facilitate establishment of
standard costing system and budgetary control. Ratios cater the information
needs of a particular person, depending upon his interest in the business for
which ratios are calculated. For example; a creditor may be interested in
liquidity ratios, while an investor may want to study profitability ratios.
Hence, it is overall responsibility of the management to see that the
resources of the firm are used most efficiently and effectively and the firm
financial position is good. Ratio analysis does indicate what can be expected in
future from the firm they indicate the current financial conditions of the firm.
4. SIGNIFICANCE OF THE STUDY
The study of Ratio analysis reflects the financial position and operation
strengths of weakness of the concern. These statements are useful to
management investors, creditors, bankers, Government and public at large. It
served as a basis to decide the wise dividend declaration by company.
The study of Ratio analysis is prepared for the purpose of presenting
periodical review or report by the management and deal with the state of
investment presenting periodical review of report by the management in
business and result achieved during the period under review. They reflect the
financial position and operating strengths or weakness of the concern by
properly establishing relationships between the items of the ratio analysis
estimates and revised estimates.
The nature of the analysis depends on the purpose of the analysis, the
analysis is able to say how well the firm could utilize the resources of the
society in generation goods and services.
The accounting ratios are computed on the basis of available accounting
information extracted from the financial statements which are not in a position
to reveal the status of the enterprise.
The accounting ratios are applied to study the relationship between the
quantitative information available and to take decision on the financial
performance of the firm.
5. OBJECTIVES OF THE STUDY
To understand the techniques of evaluation of financial performance of
an organization.
To analyze and synthesis the plan and performance of Visakhapatnam
port Trust.
To study the financial growth of the Visakhapatnam port trust.
To indicate the strengths and weaknesses identified from the computed
ratios.
To have an overview about the financial position of the VPT and make
appropriate suggestion.
6. NEED FOR THE STUDY
The project work is done for analyzing the financial position of the
Visakhapatnam Port Trust. The analysis of the financial position gives a
better picture of the financial position of the organization in order to take
better decisions
1. Ratio analysis guides the board and management to pursue objectives that
are in the interests of the company and share holders and facilitates
effective monitoring thereby promoting optimal use of financial reserves
more efficiently.
2. The study is also beneficial to employees and offers motivation by
sharing how they are contributing for the company growth.
3. The investors who are interest in the investing the company’s share will
also get benefited by going through the study and can easily take a
decision whether to invest or not in the company shares.
4. This study is also beneficial to top management of the company by
providing relevant information regarding important aspects like liquidity,
leverage, activity and profitability.
RATIO ANALYSIS IS USEFUL IN THE FOLLOWING WAYS:
To meet the short term requirements of the firm.
Measurement and evaluation of financial performance.
Decisions making for investments and operations.
To know about the bank’s liquidity position.
To find out the operation efficiency of the firm.
7. METHODOLOGY
The data required for any research or project can be gathered through
following sources.
Primary
Secondary
PRIMARY SOURCE:
Primary data is collected directly through first hand by interviews,
questionnaires, and discussions with the staff in the finance department,
seminars and direct academic interaction.
SECONDARY SOURCE:
Secondary data has been also collected through the following
Balance sheet
Accounts of company
Previous annual reports of the company
Text books
8. LIMITATIONS OF THE STUDY
The limitations that come across during the course of the work are given
below:
The study is based on the annual reports of the board so the scope of
the study is limited to the data available in the annual reports of the
trust.
Time is one of the limiting factor of the study the duration of the
project is short to study all the aspects.
Some aspects of the financial information were not available because
of the confidentiality of the Visakhapatnam Port Trust.
The trust officials were busy with their work due to which sufficient
not time was available to get more information