My University Life

FINANCIAL ACCOUNTING
ATW 114
2010/2011

NAMEAND : TAN HAN SIANG
(107807)
MATRIC NOWONG CHIA POH
(107829)

referee : DR. CHEE HONG KOK
COMPANY NAME :P.I.E INDUSRTIAL BHD

CONTENTS

Briefing on history,business and management
Financial Statement
any quarter Report
Comment on Firm Performance
Opinion on wariness of Company

Performance Analysis
The debt symmetry is the basic measure of safety of creditor claims, which states substance liabilities as a percentage of total assets. Debt ratio of P.I.E industrial Bhd decreased from 0.20 in year 2004 to 0.19 in year 2006,2007 and 2008.Year 2009,debt ratio again decreased around 0.02 to reach 0.17.Through our analysis, It is a supreme edit because the smaller the portion of total assets financed by creditors, the smaller the risk that the business may become unable to requital its debts. From creditors point of view, the lower the debt ratio, the safer their position.
Rate of return on assets guess a companys success in apply assets under its control to earn a profit .It wee-wee an idea on how efficient is management using its assets to baffle earnings.



From the computation above shows an 12% in year 2004 change magnitude to 14% in year 2005 and 18% in year 2006. In year 2007,PIE industrial has the best return rate,20%.It indicated every RM1 of assets were generated RM0.20 of the earnings. Sadly, the good return rate doesnt continue in the following year . The return rate declined slightly to 19% and 13% in year 2008 and year 2009 respectively .The trend may resulted by the increase rate of the assets more than the increase rate of operating income.
Current ratio is a wide used measurement on short term debt-paying ability. The received ratio of P.I.E industrial Bhd at the year 2004 was 4.34 declined to 4.16 but brocaded up 4.96 in year 2009.From the table 3,P.I.E Industrial Bhd is a company that own adequate current assets to pay...If you want to catch up with a full essay, order it on our website: Ordercustompaper.com



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