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FINANCIAL ACCOUNTING ATW 114 2010/2011 NAMEAND : TAN HAN SIANG (107807) MATRIC NOWONG CHIA POH (107829) referee : DR. CHEE HONG KOK f enjoinrnity NAME :P.I.E INDUSRTIAL BHD CONTENTS Briefing on history,business and management fiscal Statement any quarter Report Comment on Firm Performance Opinion on wariness of party Performance Analysis The debt symmetry is the basic measure of refuge of creditor claims, which states substance liabilities as a percentage of total assets. Debt proportionality of P.I.E industrial Bhd decreased from 0.20 in twelvemonth 2004 to 0.19 in course 2006,2007 and 2008.Year 2009,debt balance 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 acquire .It wee-wee an idea on how efficient is management victimization its assets to baffle earnings.

From the computation above shows an 12% in category 2004 change magnitude to 14% in twelvemonth 2005 and 18% in year 2006. In year 2007,PIE industrial has the better return vagabond,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 respecti! vely .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 before long 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 circuit board 3,P.I.E Industrial Bhd is a company that own adequate actual assets to pay...If you want to catch up with a full essay, regularize it on our website: OrderCustomPaper.com

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