Profitability and efficiency Ratios
Hermanus and Utang. Any comments? This is your subtask --Shumimlingo 18:38, 12 April 2009 (UTC)
Is our subtask basically a theoretical overview? I will be honest I haven't started work on it. Any insight would be welcome.
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!!
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.
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)
Hi Hermanus, sorry to hear about this. please think positive things will turn around.--Luisaserra 18:53, 12 April 2009 (UTC)