Case Study - American Chemical Corp1 . Past appendage of ACCThe former(prenominal) action of ACC as seen from the financial statements for the period 1974-79 is characterized by a high item of discrepancy . The overall fix has been very good with profit to net asset symmetricalness (average 54 .3 ) going as high as 84 .2 and 90 in 1977 and 1978 , before dropping to 66 .4 in 1979 . Barring the year 1975 , the ratio has to a fault shown a consistently increasing trend . In absolute terms the in operation(p) profit has shown substantial increases between the years 1976 and 1978 Except for 1976 , when the isolate to s performance ahs dipped as a result of practiced general market conditions , the company has shown reasonably good egress in sales , both in terms of sum and bill . Costs have been under control and in almos t cases have declined over the years .
Hence the past performance of ACC has been good but has shown a high degree of variability . This indicates that although the company has been performing well , the risk associated with it is also high2 . private-enterprise(a) environment of ACC at the timeIn 1979 , there were a dozen companies producing nuclear number 11 chlorate . Apart from large , diversified chemical substance companies , these also include a few and pulp companies that had loath integrated into achievement of sodium chlorate . The another 75 ,000 haemorrhoid were being added by way of new plants being designat e upOver the years , sales of...If you want ! to get a bounteous essay, order it on our website: OrderCustomPaper.com
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