Here is the synopsis of our sample research paper on FedEx 5 Year Performance Financial Years 2001 - 2005. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 9 page paper examines 12 financial ratios for FedEx between the years 2001 to 2005, including gross and net profit, return on assets and equity, earnings per share, as well as ratios concerning valuations, liquidity and different types of efficiency. Each ratio is compared to the industry average and a paragraph is written about each. The paper finishes with a conclusion about the future of the company. The bibliography cites 10 sources.
Page Count:
9 pages (~225 words per page)
File: TS14_TEfedex05.rtf
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Unformatted sample text from the term paper:
analysis. Choosing a fortune 500 company such as FedEx, one of the market leaders in delivery services, it is a company that operates in a competitive environment, with competitors such
as DHL and UPS as well as international competitors and arrange of substitutes, such as e-mail and faxing. However increasing services and a strict revenue pricing strategy (Boyd, 2006) may
be partly responsible for the way the results can be seen as moving over the last five years. In this paper we will look at a range of 12
ratios relevant to the assessment of FedEx over a period of five years ending with the 2005 accounts and compare the performance internally as well as with the current industry
averages. The ratios are calculated using the figures taken relevant annual accounts, the industry average is taken from MSN Money (2006). 2001 2002 2003 2004 2005
Industry Average Gross profit margin 91.60% 91.40% 92% 92.20% 92.10% 56% Net Profit Margin 2.98% 3.45% 3.69% 3.39% 4.93% 6.10% Return on Equity 10.97% 11.43% 12% 10.91% 16.53%
18.60% Return on Assets 4.70% 5.23% 5.69% 4.86% 7.33% 8.60% Earnings per share $1.99 $2.34 $2.74 $2.76 $4.72 $1.06 P/E Ratio 20.1 22.6 23.4 26.7 18.9 25.6 P/S Ratio 1.6
1.3 1.6 1.6 1.5 1.48 P/B Ratio 3.3 2.6 3.2 3.0 2.8 4.54 Current Ratio 1.06 1.25 1.18 1.05 1.11 1.5 Quick Ratio 0.81 0.96 0.95 0.86 0.92 1.3 Receivables
Turnover 7.80 8.30 8.80 8.70 9.30 6.8 Asset Turnover 1.58 1.52 1.54 1.43 1.49 1.4 Looking at these individually we can assess the companies performance against itself and the current
industry average. The first ratio is the gross profit. The gross margin is expressed as a percentage. This is the level of revenue that remains when all of the direct
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