Essay on Human Resource Management

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Assets a. -400 b. -600 c. 1000 d. 200 e. -350 f. 2000 2. Answer Current Assets Cash Account Receivable Office Supplies Short Term Investments Total Amortization Electrical Equipment Accumulated Amortization Electrical Equipment Office Equipment Total

Liabilities 0 0 0 200 0 0 2011 65,800 8,200 4,700 5,600 84,300 2011 42,000 -10,000 35,600 67,600

Shareholder’s Equity -450 -600 1000 0 -350 2000 2010 58,000 7,700 4,000 7,300 77,000 2010 42,000 -9,000 25,000 58,000

Total Assets in 2011 = Current Assets + Amortization = 84,300 + 67,600 = 151,900 Total Assets in 2010 = Current Assets + Amortization = 77,000 + 58,000 = 135,000

3. Answer Company assets turn-over ratio = sales revenue/total assets In 2011, Company assets turn-over ratio = 9,200/151,900 = 0.06 In 2010, Company assets turn-over ratio = 12,000/13,500 = 0.08 4. Answer Company return on assets for both years Return on assets = (Operating income / Total assets) * 100 % In 2011, Return on assets = -2,800/151,900 * 100 % = -1.84% In 2010, Return on assets = 200/135,000 * 100 % = 0.148% 5. Answer The company’s return on equity/investment for both years Return on equity = Net income / Share holders equity * 100 % In 2011, Return on equity = ( -6,000/ (50,000 + 60,000) ) * 100 % = -5.45 % In 2010, Return on equity = (-24,00/ (63,000 + 50,000)) * 100 % = -2.12 % 6. Answer The company’s operating profit as percentage of sales for both years Operating profit = Operating income / Sales revenue * 100 % In 2011, Operating profit = -2,800 / 9,200 * 100 % = - 30.43 % In 2010, Operating profit = 200 / 12,000 * 100 % = 1.67 %

7. Answer The company’s earning per share for both years Earning per share = Net income / Total number of shares outstanding In 2011, Earning per share = -6,000 / 55,000 = - 0.10 In 2010, Earning per share = -2,400 / 55,000 = -0.04 8. Answer After comparing the ratios, we can see that there is a decrease in the ratios from 2010 to 2011, which means the sales have also been decreased. Yes, the management should be concerned about it because the sales rate is going down each year and the company is not making any profit. The ratios are relevant. Both relevance and reliable ratios are related such that an emphasis on one hurt the other and vice-versa. Both the ratios are critical for quality of financial information. Accounting information is relevant when provided in time, but at early stages information is uncertain and hence less reliable. But if we wait to gain while the information gains reliability, its relevance is lost. It may help comparing the company with prior periods. -The reliability of ratios
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