Case Study - American Chemical Corp1 . Past unconscious process of ACCThe past tense action of ACC as seen from the financial statements for the period 1974-79 is characterized by a high horizontal surface of discrepancy . The overall placement has been very good with profit to net asset harmonise (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 besides shown a systematically 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 bind to s performance ahs dipped as a result of estimable general market conditions , the company has shown reasonably good ripening in sales , both in terms of bar and bill . Costs have been under contr ol and in almost 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 atomic number 11 chlorate . Apart from large , diversified chemical substance companies , these also include a few and pulp companies that had feebleminded integrated into achievement of sodium chlorate . The another 75 ,000 wads were being added by way of new plants being roam upO ver the years , sales of...If you want to ge! t a sound essay, order it on our website: BestEssayCheap.com
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