Textile Industry in Bangladesh: An Analysis of CVP
Authors
Abstract:
The primary attempt of this paper is to evaluate the performance of manufacturing companies based on CVP (Cost-Volume-Profit) analysis in Bangladesh. To attain this purpose, 14 manufacturing companies have been surveyed from Textile Industry. This study has also been attempted to examine the influence of key indicators of CVP analysis in performance evaluation in textile industry. The study finds that the average contribution margin ratios are 16.13% in the year 2013 and 15.57% in the year 2012. So, average contribution margin ratio has increased by 0.56% in the year 2013. Again the average margin of safety percentage (MS %) are 53.59% in the year 2013 and 51.46% in the year 2012. So, average margin of safety percentage has increased by 2.13% in the year 2013. This indicators represent textile industry is increasing operating profit with contribution margin. Finally, findings inform that the other indicators of CVP techniques such as contribution margin, break-even-sales, and margin of safety have changed positively where the degree of operation leverage (DOL) and earnings per share (EPS) have changed negatively in the year 2013 than the year 2012. This study also provides some suggestions against precincts in applying CVP as a measure of performance.
similar resources
Analysis of Credit-Strength of Cement Industry in Bangladesh
In this study it has been initiated to find out the credit strength and financial performance of cement industries in Bangladesh through investigating the financial report for the period from 2007 to 2011. Financial ratios are employed to measure the Liquidity (Working capital to Total Assets), Profitability (Retained Earnings to Total Assets), Efficiency (Earnings before Interest and Taxes to ...
full textanalysis of power in the network society
اندیشمندان و صاحب نظران علوم اجتماعی بر این باورند که مرحله تازه ای در تاریخ جوامع بشری اغاز شده است. ویژگیهای این جامعه نو را می توان پدیده هایی از جمله اقتصاد اطلاعاتی جهانی ، هندسه متغیر شبکه ای، فرهنگ مجاز واقعی ، توسعه حیرت انگیز فناوری های دیجیتال، خدمات پیوسته و نیز فشردگی زمان و مکان برشمرد. از سوی دیگر قدرت به عنوان موضوع اصلی علم سیاست جایگاه مهمی در روابط انسانی دارد، قدرت و بازتولید...
15 صفحه اولanalysis of credit-strength of cement industry in bangladesh
in this study it has been initiated to find out the credit strength and financial performance of cement industries in bangladesh through investigating the financial report for the period from 2007 to 2011. financial ratios are employed to measure the liquidity (working capital to total assets), profitability (retained earnings to total assets), efficiency (earnings before interest and taxes to ...
full textan infinite planar array of rectangular microstrip patch antenna analysis
the methods which are used to analyze microstrip antennas, are divited into three categories: empirical methods, semi-empirical methods and full-wave analysis. empirical and semi-empirical methods are generally based on some fundamental simplifying assumptions about quality of surface current distribution and substrate thickness. thses simplificatioms cause low accuracy in field evaluation. ful...
15 صفحه اولInternal Control Practices of Readymade Garments Sector (Textile Industry) in Bangladesh
Internal control has a pivotal role in ensuring sustenance of any industry because it plays an important role in preventing and detecting fraud and protecting the organization's resources. This study has found many factors that are relevant for internal control practices in readymade garments (RMG) sector. These vary from maintenance of employees’ job description to bonding employees with speci...
full textMy Resources
Journal title
volume 2 issue 4
pages 287- 298
publication date 2016-04-01
By following a journal you will be notified via email when a new issue of this journal is published.
Hosted on Doprax cloud platform doprax.com
copyright © 2015-2023