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Introduction Berger Paints is one of the oldest names in the paint industry, yet, it is one of the most technologically advanced companies in the country. More than 250 years of rich heritage, Berger manufactures world class paints for all kinds of substrates and also provides unparallel services. Berger Paints started ‘painting’ Bangladesh since independence. Over the past few decades, Berger has evolved and transformed itself in becoming the leading paint solution provider in the country with a diversified product range that caters to all your painting needs. Berger has reached almost every corner of Bangladesh. Nationwide Dealer Network, supported by 8 Sales Depots strategically located at Dhaka, Chittagong, Rajshahi, Khulna, Bogra, Sylhet, Comilla and Mymensingh has an unmatched capability to answer to paint needs at almost anywhere in Bangladesh . www.AssignmentPoint.com
Customer satisfaction, Berger offers Home Decor Service from where one can get an array of services pertaining to painting. The product range includes specialized outdoor paints to protect against adverse weather conditions, Color Bank, Superior Marine Paints, Textured Coatings, Heat Resistant Paints, Roofing Compounds, Epoxies and Powder Coatings. www.AssignmentPoint.com
Vision Berger Company shall remain as the benchmark in the paint industry by: Being an innovative and technology driven Company consistently delivering world-class products ensuring best consumer satisfaction through continuous value added service provided by highly professional and committed tem. www.AssignmentPoint.com
mission We shall increase our turn over by 100% in the next five years. We shall remain socially committed ethical Company. www.AssignmentPoint.com
Our sprit Our customers are our partners our people are strength Our sprit Our customers are our partners our people are strength. Our shareholders are our foundations. We proudly bring inspiration, strength and color to communities through affiliation with our customer. www.AssignmentPoint.com
Corporate Objective our objective add value to life, to outperform the peers in terms of longevity, customer service, revenue growth earnings and cash generation www.AssignmentPoint.com
Our strategy is to build long-term partnership with the customers/consumer. With their support, we aim to maximize the potential of our business – through a combination of enhanced quality of product, service creative marketing, competitive pricing and cost efficiency. Strategy www.AssignmentPoint.com
Ratio Analysis Comments: Here the current ratio, quick ratio a little bit of up and down perform but the company receivable turn over and average collection consistently same. So her the liquidity ratio is better. Liqudity Ratio Current Ratio Quick Ratio Inventory Turnover Receivable Turnover Ratio Average Collection Period 2005 1.83 1.16 3.94 13.02 27.65 2006 1.91 0.91 4.51 15.78 22.82 2007 1.53 0.65 3.91 15.83 22.74 2008 1.45 0.53 4.56 21.00 17.14 2009 1.62 1.00 5.60 18.16 19.82 www.AssignmentPoint.com
Comments: This above this graph the fixed asset turnover is increased in 2008 .turn over is also good in the same year, so 2008 the company efficiency ratio is good. www.AssignmentPoint.com
Comments: Here we see the graph the leverage ratio is shows 2005 to 2008 are quite same but 2008 to 2009 debt capitalization and long term debt step line are almost perform same . www.AssignmentPoint.com
Comments: Here we see in the graph the Berger company in 2009 interest earn is more then the other fellows years. Over the www.AssignmentPoint.com
Comments: Here gross profit margin operating profit and net profit margin are perform consistently same so the company operating profitability ratios is good and stable. www.AssignmentPoint.com
Comments: After the analysis we see the company return on equity is more then the total asset so the company position is better, at that perspective we can say the company is good. www.AssignmentPoint.com
Comments: Here the earning per share, divided, price take book and the divined pay out ratio almost same, in the graph we see here the little bit of .2 fluctuation but consistently well. www.AssignmentPoint.com
Comments: Company’s growth rates are up and down far above 2006 the EPS rate increases at the 2009 its decrease gradually and the net income in 2009 rats is high. www.AssignmentPoint.com
Conclusions & Recommendation: This term paper based on real financial statements BERGER. Through this term paper the changes in BERGER Company’s financial position and performance are summarized and made clearly visible in 2005, 2006, 2007, 2008 & 2009. In conclusion, BERGER Company can firmly say that the continuous achievement of market share and earning the reputation from around the globe are the benchmarks of the success of the company. This success has been earns besides others, obviously by ensuring the highest level of human resources management and conforming to various compliance issues at a level of international standard.. Through this term paper our effort was to understand the company retained earnings, probability ration growth rates performed well last five years. www.AssignmentPoint.com
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