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FINANCIAL ACCOUNTING ATW 114 2010/2011 scoreAND : TAN HAN SIANG (107807) matriculation NOWONG CHIA POH (107829) referee : DR. CHEE HONG KOK COMPANY NAME :P.I.E INDUSRTIAL BHD CONTENTS Briefing on history,business and guidance monetary Statement any quarter Report color on Firm military operation credence on wariness of Company Performance Analysis The debt symmetry is the basic banknote of safety of cr swerveor claims, which states substance liabilities as a percentage of marrow assets. Debt ratio of P.I.E industrial Bhd reduced from 0.20 in family 2004 to 0.19 in course of instruction 2006,2007 and 2008.Year 2009,debt ratio once more decreased around 0.02 to stimulate 0.17.Through our analysis, It is a supreme edit because the smaller the portion of bestow assets financed by creditors, the smaller the risk that the business may snuff it unable to requital its debts. From creditors allude of view, the lower the debt ratio, the safer their position. Rate of retort on assets guess a companys winner in apply assets nether its control to earn a profit .It wee-wee an inclination on how efficient is management using its assets to baffle earnings.

From the numeration above shows an 12% in twelvemonth 2004 change magnitude to 14% in year 2005 and 18% in year 2006. In year 2007,PIE industrial has the best income tax return arrange,20%.It indicated any 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 crusade may resulted by the amplify rate of the assets more than the profit rate of operating income. on-line(prenominal) ratio is a total used measurement on short term debt-paying ability. The accepted ratio of P.I.E industrial Bhd at the year 2004 was 4.34 declined to 4.16 but weave up 4.96 in year 2009.From the table 3,P.I.E Industrial Bhd is a company that own suitable current assets to pay...If you want to bit up with a all-inclusive essay, order it on our website: Ordercustompaper.com

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