Assignment 1: DiscussionCase Study: General Machinery Ltd
Ratio analysis is a method used to analyze the financial reports of a company and interpret trends in the company’s performance. As a nonaccounting manager you use numerous ratios to analyze your company’s performance year-by-year and benchmark the performance to industry averages to an individual competitor’s performance or against a predetermined target.
For this assignment read Case study question 7.2: General Machinery Ltd on page 168 in chapter 7 of our textbook Accounting for Managers: Interpreting Accounting Information for Decision Making. Using the data from the case study respond to the tasks below.
Tasks:
Consider the following scenario for this assignment: You are an external investor who is considering General Machinery as one of the potential companies for investment. Respond to the following in your initial discussion post:
Submission Details:
By Saturday February 25 2017 post your response to the Discussion Area. Through Wednesday March 1 2017 read and respond to at least two other classmates’ posts on at least two different days of the week.
Write your initial response in 300500 words. Your response should be thorough and address all components of the discussion question in detail. Include citations of all sources where needed according to the APA style and demonstrate accurate spelling grammar and punctuation. Apply the following when responding to your peers:
Note:
****** VERY IMPORTANT!!!! Please provide 2 questions with answers relating to the discussion/assignment. Please to make sure this is submitted with the assignment requested. *****
Grading Criteria