⭐⭐⭐⭐⭐ Rs Kerry: A Case Study

Ratio analysis is an accounting tool Rs Kerry: A Case Study show accounting variables in Rs Kerry: A Case Study very simple, short and some meaningful way. She started out as a C Production Operator in March of Rs Kerry: A Case Study H Twice Rs Kerry: A Case Study he receives a detailed email report from G4S outlining all the activity on Rs Kerry: A Case Study customers' alarms. Bourne, Rs Kerry: A Case Study Wu, Jiaying, Kerry A. The Political Economy Health Care Ethics Case Study Ethnic Change. Rs Kerry: A Case Study Sociological Society, Rouzbeh-Kargar, and J.

Celebrating General Shoe Company, the Inaugural HBS Case

Ratio analysis helps the management to know the profitability financial position, liquidity, solvency and operating efficiency of the organization. In other words profitability ratios measure performance in producing or generating some benefits over some related expenditure over a fixed time period. Profit includes the outcome or income which you earned after an organization has deducted the cost and expenditure incurred in the process. Some of the ratios which decides or analyze the performance of the organization like gross profit ratio, net profit ratio, operating profit ratio.

See if we analyze over all financial ratio by some of its above mentioned method then we will definitely find some good result in the research. By analyzing financial ratio we can understand the financial strength and performance of the company by profitability method. It simplifies the accounting figure and make it clearly sensible and approachable. It is used to calculate or evaluate the operating efficiency of business of the organisation. It helps in business forecasting and by analyzing some accounting figure organisation enable future planning. By ratio analysis we can easily identify the weakness of the organisation and taking some remedial actions it improves the performance of the organisation.

With the help of ratio analysis organisation can easily compare their performance with their competitors. See what is the difference between developed company and developing companies or small sector organization. As we have already discussed that ratio analysis Ratio analysis and observations tells us about organisation strength and weakness, financial statement its profitability and also assure it's future performance but if we don't perform ratio analysis we are going to miss these things. Ratio analysis provides us sufficient information about any organization if you are an investor and you are looking for a safe investment in the organization.

If we don't analyze the ratio then we may lose our credit which we have invested in the firm or share market. If we have ignore some qualitative factors while on the other hand financial ratio is simply based on quantitative analysis of financial statements. Different organisation follow different accounting principles, different logics , terms and analysis so do analyze before you are going to put your money in some firms. If you have analyzed the past data of accounting or historical financial accounting statement then it is not going to help you a single bit.

To predict about market and cricket match is not faithful now a days. Because we do not know what is going to happen next and how much profit and loss you are going to gain by your investment in the firm or share market. We have already discussed this point in above problem that without financial ratio analysis we cannot predict financial status or performance of the organization.

With the help of financial ratio analysis we can calculate and evaluate the operating efficiency and performance of the organisation. Let us understand in detail what the Ketan Parekh scam was, how did he succeed in fooling the investors and shaking the stock markets, which next-level chicanery he had planned and how he got caught. Ketan, CA by profession, started his career in the late s and was running a family business of NH Securities — a stockbroking firm that was started by his father. During his peak, marketmen literally followed his every move blindly as he used to exploit the stock prices to gain the trust of these investors.

Not only this, but he also enjoyed close connections with many celebrities from Bollywood, political parties and business managers which helped him connect with Kerry Packer, leading Australian Media Entrepreneur. Ketan Parekh was a strong believer of the ICE sector — Information, Communication, and Entertainment and that was the time during and when the dot-com boom had just started. This enabled him to prove his predictions to be true to many other investors.

Moreover, many investment firms, overseas corporates, and banks, businessmen from listed companies many of them gave their money to be managed by him as during , Ketan Parekh was ruling the stock market. Ketan Parekh used the Kolkata stock exchange to trade as this was the stock exchange where no strict and pivotal rules and regulations were not formed. He misused such exchange and also tied up with many other brokers to trade on his behalf and gave the commission. Once the price would reach a certain level, he would silently exit and sell the securities and make countless profits. He not only manipulated stock prices but also played games with banks in order to get funds to swindle the share prices and rule over the market.

Pay Order is an instrument similar to the cheque but it is issued by the bank upon the payment of small advance money from the customer. His loan accumulated to Rs. He had created a portfolio called K which consists of top ten hit picks by Ketan Parekh himself. He was interested in low profile corporates with low market capitalization and liquidity. The SEBI and RBI started investigating this case after the huge market crash of points in a day in just one day post the budget was declared. Ketan Parekh was accused of being involved in Insider Trading, Circular Trading, Pump and Dump and misrepresentation of facts to borrow from the banks.

Ketan Parekh declared to be guilty of a criminal offence for ripping off the Indian stock market and was barred from trading in the Bombay Stock Exchange BSE for 15 years up to He was also found to be involved in Circular Trading with many banks and Insider Trading for which he was sentenced to rigorous imprisonment of one year. However, SEBI investigated and found that despite being prohibited from trading, he used his network well and made certain companies trade on his behalf. Later in , many such companies were traced by SEBI and were barred from trading too. The CBI in found the malpractices followed by him and sentenced him for two years rigorous imprisonment with a fine of up to Rs.

He also siphoned off the money outside the country too. The said amount was reported in to touch the surprising level of Rs.