Hello there,

I need help with my finance weekly discussion conference. Please see use NetSuite and follow the exact instruction for discussions.

Thanks,

MSFS 670 Session weekly discussion Ratio Refresher This discussion will serve as a review of financial ratio analysis, which are a subset of data analytics. Visit NetSuite and pick an area of interest to you (production, AR, sales, financial statements, etc). Select a financial ratio that is commonly used in the area you selected. First locate it on a NetSuite dashboard. Describe where you located the ratio (screenshot may help). Present the ratio, describe it, and explain how it is calculated. Check the ratio by performing a manual calculation using the most recent balance sheet and income statement. Should you have any discrepancies, simply consider what might cause them and explain your thinking to us. Since we want to review as many ratios as possible, please try not to duplicate ratios already posted by class mates. This means you need to start this activity early in the week! This discussion will serve as a review of financial ratio analysis, which are a subset of data analytics. Visit NetSuite and pick an area of interest to you (production, AR, sales, financial statements, etc). Select a financial ratio that is commonly used in the area you selected. First locate it on a NetSuite dashboard. Describe where you located the ratio (screenshot may help). Present the ratio, describe it, and explain how it is calculated. Check the ratio by performing a manual calculation using the most recent balance sheet and income statement. Should you have any discrepancies, simply consider what might cause them and explain your thinking to us. Since we want to review as many ratios as possible, please try not to duplicate ratios already posted by class mates. This means you need to start this activity early in the week! Net Profit Margin Net profit margin compares a company's net income to its net revenue. This ratio is calculated by dividing net income, or a company's bottom line, by net revenue. It measures a firm's ability to translate sales into earnings for shareholders. Current Month Income Statement The screenshots are small but I found the information by going to the Senior Executive Role and searching under Financial>Reports>Income Statement>Detail. Sales/Revenue = $1,383,422 Net Profit/Income = $1,205,522 Therefore for the current month. Net Profit Margin would be $1,205,522/$1,383,422= 87% which is pretty good in earnings thus far for shareholders. However the month is not over yet. Days Sales Outstanding (DSO) is a measure of the average number of days that a company takes to collect revenue after a sale has been made. DSO is often determined on a monthly, quarterly or annual basis and can be calculated by dividing the amount of accounts receivable during a given period by the total value of credit sales during the same period, and multiplying the result by the number of days in the period measured. A low DSO value means that it takes a company fewer days to collect its accounts receivable. A high DSO number shows that a company is selling its product to customers on credit and taking longer to collect money. Days Sales outstanding is also often referred to as \"day's receivable\" and is an element of the cash conversion cycle. This calculation is for the month of July 2016; therefore the calculation is: 31 (# of days) * $4,732,304.69 (accounts receivable) / $1,383,424.51 (net sales) = 106.0422 days! The number indicates that it takes Ramsey over 90 days to collect a debt. Outrageous! I obtained the reports by going to the Senior Executive role - then filing down on the financial tab to obtain the Income Statement and Balance Sheet for the month of July. This discussion will serve as a review of financial ratio analysis, which are a subset of data analytics. Visit NetSuite and pick an area of interest to you (production, AR, sales, financial statements, etc). Select a financial ratio that is commonly used in the area you selected. First locate it on a NetSuite dashboard. Describe where you located the ratio (screenshot may help). Present the ratio, describe it, and explain how it is calculated. Check the ratio by performing a manual calculation using the most recent balance sheet and income statement. Should you have any discrepancies, simply consider what might cause them and explain your thinking to us. Since we want to review as many ratios as possible, please try not to duplicate ratios already posted by class mates. This means you need to start this activity early in the week! Net Profit Margin Net profit margin compares a company's net income to its net revenue. This ratio is calculated by dividing net income, or a company's bottom line, by net revenue. It measures a firm's ability to translate sales into earnings for shareholders. Current Month Income Statement The screenshots are small but I found the information by going to the Senior Executive Role and searching under Financial>Reports>Income Statement>Detail. Sales/Revenue = $1,383,422 Net Profit/Income = $1,205,522 Therefore for the current month. Net Profit Margin would be $1,205,522/$1,383,422= 87% which is pretty good in earnings thus far for shareholders. However the month is not over yet. Days Sales Outstanding (DSO) is a measure of the average number of days that a company takes to collect revenue after a sale has been made. DSO is often determined on a monthly, quarterly or annual basis and can be calculated by dividing the amount of accounts receivable during a given period by the total value of credit sales during the same period, and multiplying the result by the number of days in the period measured. A low DSO value means that it takes a company fewer days to collect its accounts receivable. A high DSO number shows that a company is selling its product to customers on credit and taking longer to collect money. Days Sales outstanding is also often referred to as \"day's receivable\" and is an element of the cash conversion cycle. This calculation is for the month of July 2016; therefore the calculation is: 31 (# of days) * $4,732,304.69 (accounts receivable) / $1,383,424.51 (net sales) = 106.0422 days! The number indicates that it takes Ramsey over 90 days to collect a debt. Outrageous! I obtained the reports by going to the Senior Executive role - then filing down on the financial tab to obtain the Income Statement and Balance Sheet for the month of July