Profitability and efficiency Ratios

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Hermanus and Utang. Any comments? This is your subtask --Shumimlingo 18:38, 12 April 2009 (UTC)

Shumimlingo (talk)07:38, 13 April 2009

Is our subtask basically a theoretical overview? I will be honest I haven't started work on it. Any insight would be welcome.

Utang (talk)07:47, 13 April 2009

Hi Utang, this is largely a quantitative assignment so there are calculations to do. You will be calculating the profitability and efficiency ratio's and interpreting them. After calculating the ratios the general areas you will need to interpret are: What was attained by picknpay; What purpose does the ratio serve (ie what does it seek to measure); Determine whether it’s an improvement in comparison to previous years (2006 – 2008); Suggest possible reasons for this attainment; Apply the attainment to its industry (Retail business; These are general guidelines and you can consider more if necessary. I'll allocate you a partner soon. From conversation, I know this is not your strong point so the earlier you start...the better!!

Shumimlingo (talk)07:56, 13 April 2009

Noted sir! Your insight is most welcome. I'll get kicking!!!

Utang (talk)08:03, 13 April 2009

I like that! --Shumimlingo 19:06, 12 April 2009 (UTC)

Shumimlingo (talk)08:06, 13 April 2009

You better be sure I'll be bugging you...if necessary.

Utang (talk)08:08, 13 April 2009

Hi Guys,

Shumi, I a so sorry to be doing this to you, but it looks as if I will be defering my studies until next year. I will have a definite answer by the end of the week for all. but for now I recomend not relying on me for ths assignment.

Hermanus Louw (talk)07:48, 13 April 2009

Thanks for letting us know...i'll see how we can reorganise and I'll advise of the new structure. No need to apologise...we've just incurred quite a big loss on you. --Shumimlingo 18:51, 12 April 2009 (UTC)

Shumimlingo (talk)07:51, 13 April 2009

i agree, it'l be a huge loss. but do not despair it's not the end of the week yet it might go the other way rite?

Kay go (talk)07:58, 13 April 2009

Hi Hermanus, sorry to hear about this. please think positive things will turn around.--Luisaserra 18:53, 12 April 2009 (UTC)

Luisaserra (talk)07:53, 13 April 2009

Will keep you all updated but see the next couple of months are going to be pretty bad

Hermanus Louw (talk)07:56, 13 April 2009

Sorry guys signing out, geting late here.

Will talk to you all this week.


Hermanus Louw (talk)08:00, 13 April 2009