八月, 2017 - 留学生essay代写网

CS homework真的没那么难,别再找CS homework代写了!

        相信选择Computer science这个专业的留学生对于写作丝毫不感兴趣,肯定也认为这个专业也用不着写所谓的essay、report。然而事实是:有时候老师还是会要求同学们写出相关的essay!虽然本专业的学生不太可能是一个了不起的作家,但是你仍然可能需要在你的程序中写一篇计算机科学论文。正因为如此,你的老师会给你们布置相关的homework,为你的文章制定一个游戏计划并明确你需要做什么是一个好主意。更常见的情况是,虽然老师们注重的是你的能力和你的计算机科学技能的证明,而不是完美的写作,但你的文章仍然需要被检查。下面就和CS homework代写一起来看看计算机科学论文的写作指南。

lazy loading - CS homework真的没那么难,别再找CS homework代写了!
        如何在计算机科学中勾勒出一篇文章的大纲
        你要做的第一件事就是让你自己成为一个真正的轮廓。因为这些类型的论文并没有像你高中时那样标准化,所以很难知道你想说什么。
        拿出你老师的所有笔记或指示,列出你的文章需要的内容。这个列表可能是这样的:
        2000字长,双倍行距;
        关于计算机历史的话题;
        告诉老师你的理解和观点在你的课程中是如何变化的;
        在你选择的话题上建立一个“立场”或立场;
        在你将引用的来源中展示研究技能;
        你文章的主题
        计算机科学论文的题目没有那么容易想出来的。如果你的老师在这个领域要是没有建树,那么你就很难确定你想要用这篇文章做什么,以及你想要听到的计算机科学领域的哪些方面。如果你的计算机科学专业有更小的部分,你对它特别感兴趣,那就去做吧!
        你的论文题目还有问题吗?别担心,这就是本文的全部内容。用以下的一些想法作为你自己的灵感和创造力的跳板:
        互联网的历史
        计算机是如何永久地改变人类和它的进程的?
        你能看到一个未来,我们把电脑安装在我们的大脑里吗?
        电脑的威力是否和好的一样坏,或者更多?
        你个人的电脑习惯和你的生活怎么样?
        你知道是什么使一篇关于计算机科学的文章变得伟大吗?
        计算机科学论文是一种难以捉摸的东西。同学们在写作的时候确保你的个人,热情,最重要的是,展示你作为一个计算机科学家的知识和技能。因为计算机科学论文可能是非常主观的,所以在你的文章中加入所有的事实、日期和坚实的证据是很重要的,而不需要贬低你自己的观点或立场。在计算机科学专业写一篇文章不一定非得是火箭科学;或者是只有计算机科学!我们还可以想到其他的写作内容。

lazy loading - CS homework真的没那么难,别再找CS homework代写了!
        Meeloun小编相信同学们对于cs homework代写也没有那么怕了吧!其实总体来说老师们对于同学们的essay要求不会那么高,毕竟学习计算机相关的技术、埋头敲代码才是你们的主要任务!当然了,如果对于CS homework代写有需要的同学可以联系我们的客服哦!你只需动动鼠标,或者动动拇指,就能轻松解决各种留学的难题。留学咨询、留学申请、留学文书、材料翻译,我们的服务都是全年无休的,品质和效率都能满足您的需求。

做到这些,你的英语写作能力赶上老外不再是梦!

        Meeloun小编在网上看到有同学在问要怎么才能练就老外那样的写作水平,需要多久的积累等问题,小编提醒大家首先要获得高阶写作水平,什么才叫高阶写作水平呢?前提是语法的使用不出错,单词和词组的搭配恰当,最重要的一点当然是我们要符合国外语言的使用习惯!下面meeloun小编就举一些例子让大家理解的更透彻一些!

report什么意思|report格式怎么写
        以中文为例,老外在学习中文时,也是一个一个发音,一个一个字去记去理解。
        从认识字,到理解字的意思,再到理解不同的字组成的句子的含义,最后到使用。
        这是一条学习语言的成长过程。
        成语中“沉鱼落雁”,用于形容拥有容貌惊艳、气质尚佳的女性。
        可如果你问老外,这四个字什么意思?相信他们很难准确地回答出来。
        这就好比我们学英语,单词意思理解了,但让我们连在一起理解句子的意思就很难了,更别说去用了。
        那我该怎么办呢?
        很简单!
        增加阅读量!
        去读老外对单词的用法,并有意识的让自己刻意地去练习。
        就这么简单,但过程却十分枯燥,短期内还很难有结果。
        你愿意这么做的话,可以继续往下读,否则请关掉这篇文章,去看斗鱼、朋友圈啥的了。
        很高兴,你能选择了这么做。
        我可以提前告诉你这么做的好处,刻意练习单词、词组的用法,
        可以让我们高速的提升单词量,并牢牢记住他们,
        此外,顺便还能点亮高阶英语写作的技能。
        如何刻意训练
        既然提到了刻意训练,那我该怎么做呢?
        对此,我自认为并没有特别牛逼哄哄的经验和方法分享给你,但是…
        我可以把我正在努力学习的方法分享给你。
        你肯定心里会问,在学习写作技能时,应该读什么材料好呢?
        市面上对此大致分为两大类:一类支持《经济学人》,另一类是不支持《经济学人》。
        而我的看法,除开《经济学人》以外当然有许多可以阅读的英语材料。
        况且,《经济学人》这本读物比较专业,仅仅过了英语六级,恐怕也只能生涩的理解其中一部分内容。
        我不推荐任何一本读物,但我告诉你两条我选择读物的条件:
        1. 英语原版
        2. 兴趣爱好
        第一条保证你没有在错误的道路上越走越远,第二条保证你越学越带劲。
        我喜欢阅读各类和businiess相关的英语材料,好比今天看到一篇来自于<washingtonpost>的文章。
        文章是主题是:自我改造和职业之间的关系。其中有一句话提到了“change beyond recognition“.
        字面意思并不难理解,但具体用法上我并不确定。所以我翻阅一些资料,查阅用法。
        发现,这个词组往往用在,当我们要描述的事物发生了巨大改变并让我们难以辨认的时候。
        好了,词组的用法得到了更明确的肯定。接下去,需要再找一些案例,强化认知。
        Life will change almost beyond recognition, and you will soon let go of any remaining memories that are not aligned to the Light.
        He came down singing through a horn that changed his voice beyond recognition.
        E-mail, the Internet and other communication technologies have brought about many changes and have changed the postal market beyond recognition.
        由此你可以发现,change sth beyond recognition也是成立的。
        如果你够仔细,更会发现,三句之间存在一些可以用在雅思作文里的内容。
        假如考试遇到关于经济、科技类的话题,并且要求你对过去和现在进行对比,
        此时此刻你能用到这句话,一定会让考官对你的作文提升些许印象分。
        当然,如果你全篇跑题指望这一个细节扳回分数,那你可以回去刷刷朋友圈了。
        不要把学习看的太功利!为了考试成功去拼命背单词,背词组,这么做毫无意义。
        就算让你通过考试了,那你出国后还会遇到一大堆英语原版教材,
        到时候你还得花相同的时间去学习,去理解。而我们的时间成本永远是在上涨的!

美国留学推荐信写缺点时需注意
        总结
        国内的教育整体偏向应试教育,这并没有不好。但meeloun小编要提醒每一位同学,你们都有自己出国学习的目的。既然选择出国,请不要浪费这段宝贵的备考和出国学习的时间。从今天开始,扎扎实实的,从你的兴趣出发,学习每一句你认为对你有用的句子,并理解它们,记住它们,使用它们。这样一步一步的跬步,才能在未来某一天让你突飞猛进。

不想找Nonfiction prose代写?先把这些消化掉!

        最近有同学向meeloun小编咨询关于Nonfiction prose写作的问题,这里小编就给大家分享一些英语大神对于Nonfiction prose的见解。希望大家看完了之后不需要找Nonfiction prose代写来解决自己的问题。
lazy loading - 不想找Nonfiction prose代写?先把这些消化掉!
        没有什么比一个人的故事更吸引人的了,那就是洞察力、幽默或坦率。这就解释了最畅销的选集,比如白宫里的婊子,Cathi Hanauer的编辑,像纽约时报的“现代爱情”和新闻周刊的“我的转变”专栏,以及NPR的“美国生活”。不幸的是,并不是所有的亲密叙述都像对作者那样吸引观众。下面是如何将你的私人经历变成睿智、雄辩的散文。
        1。去了解一些知名的散文家。不要从真空中开始,模仿诗歌或模仿小说的技巧。学习你想要模仿的特定格式。总的来说,看看Phillip Lopate的个人文章的艺术。在现代爱情中,由丹尼尔琼斯编辑的50多部爱情故事。记住达芙妮叫法。
        2。记录下你内心的东西。选择一个你觉得迷人的话题,你有专门的知识,或者是突发新闻。我知道,没有一个学生在伊拉克战争上写了一篇好文章,因为学生们没有在伊拉克打仗。相反地,学生们在一篇文章中都写了一篇文章,说他们沉迷于在一家通宵的药店里买化妆品,在阅读了保姆的x级博客后,被测试了HIV病毒,并解雇了一个保姆。与世界大事相比,不要担心这个主题是否小。你会给你带来一种戏剧的新鲜感。
        3。关注戏剧、冲突和紧张。不要对你的配偶、父母或孩子表示赞赏。情书和生命的光片很少会产生深刻的感觉。相反,你可以用极端的方式来思考:改变了你的生活的那个夜晚,那个打碎了你的心灵的爱人,这是你所经历过的最屈辱的事情。解决情感问题尚未得到解决。你会得到一个多肉的主题,也许会有一个宣泄的释放。
        4。认同文化的刻板印象。你知道你的背景,你是谁,你长什么样。但是你的照片,简历,可能不会在你的页面上。这样描述自己。我的学生Sabi Ali开始了她的纽约时报的文章:“出生在肯尼亚的印第安人,我在6岁时来到美国,与我的家人在纽约北部定居,在美国郊区长大。”“分享特定的宗教、种族、文化和阶级冲突。”
        5。写作是及时的。在一篇900字的文章中,没有时间去积累辉煌。你的开头应该抓住读者的喉咙。从一个即将到来的假期、热书、电影、电视节目或文化现象开始,在一个类似的话题上。为了用胆囊攻击来记录你的住院时间,而不是从“16年前,当我感到恶心”的时候,尝试“在最近的实习医生格蕾的解剖中”,麦克梦斯博士取出胆囊。不幸的是,我的医生并没有那么可爱。”
        6。忘记简单的意见。我们知道恐怖主义是不好的,公立学校需要钱,分手会伤害我们。仅仅因为发生了一些事情,根本没有足够的理由去写它。寻找独特的角度,扮演魔鬼的代言人,扭转陈词滥调。当我的学生彩虹Kirby探索了她30岁的男友在家里的生活时,她聪明地开始了电影的失败,这是刚刚打开的电影,并把约会的另一个好处卖给了一个与他的家庭生活在一起的男人。
        7。表演秀。在小说和诗歌中,我们“展示,不要说”。“散文就像迷你回忆录,所以要说教,总结,快闪,直奔主题。”
        8。以情感的洞察力。个人随笔必须要有个人的。但是,即使你勇敢地重温了你最糟糕的挣扎,扮演受害者,背诵一大堆不公平的事情,也会让你很无聊和陈词滥调。问题,挑战,揭露和丢弃你自己比别人多。一位同事写了她的前夫20年,一个酗酒的酒鬼,列出了他所有的罪恶。当她承认自己在一年之后就知道自己是个问题的酒鬼时,我建议重新关注她为什么会再呆19个。结果她的父亲是一个酒鬼,她的母亲帮助他在60岁时放弃了这种酒。这就是她的婚姻模式。那件作品很突出。
lazy loading - 不想找Nonfiction prose代写?先把这些消化掉!
        希望同学们在写自己的Nonfiction prose的时候可以参考上面的技巧来丰富自己的prose!对于Nonfiction prose代写还有疑问的同学可以联系我们的客服哦!你只需动动鼠标,或者动动拇指,就能轻松解决各种留学的难题。留学咨询、留学申请、留学文书、材料翻译,我们的服务都是全年无休的,品质和效率都能满足您的需求。

用了Free grammar checker后不需要prose代写了!

report写法介绍|report代写
        很多同学告诉meeloun小编自己在写作的过程中想及时发现语法错误以尽快的改正。但是因为自己的基础不够扎实,导致自己也难以找到文中的语法错误。Prose代写强烈推荐一款超好用的语法纠错软件:Free grammar checker.感兴趣的同学赶紧过来看看!
        自己很难发现的语法错误既然找老师是一件可遇不可求的是,那索性自己查自己的问题行不行?不是不可以,但会很痛苦。咦,为什么会痛苦呢?一旦写在文章里,通常说明了每一个知识点都已经被你的大脑所吸收和领会,哪怕是错误的知识,也会被误认为是正确的。好比钢琴训练,每一位初学者都需要有老师的指导。老师的功能,除了教你基础知识以外,更重要是帮你纠错。练过的都知道,乐器训练的不单手指,更锻炼的是耳朵。
        初学者的耳朵,很难区分出自己弹奏的音符有没有错误,但导师可以!没有他们在旁指点,我们很难发现自己的错误。
        明白了吧,音乐学习的过程与写作训练的过程极其类似,哪怕你会分身之术,恐怕也很难找出自己的错误。
        拜托老师,是个不可持续的方法
        每一位英语老师的日常,应该都会比较繁忙。除了教学任务以外,还有作业批改。尤其是学生的英语作文…(这点我深有感触)
        每篇文章中,单纯找出语法错误所花费的时间,和完整批改作文的时间几乎一样。这也是没有老师愿意单独改语法错误的主要原因。
        偶尔拜托老师改一改是可以的,但总是让他看语法,估计换哪个老师都会抓狂…
        当然,如果你身边已经有了这样一位好老师,那你得好好珍惜他,得到一个就少一个了。
        软件可以成为你最好的导师
lazy loading - 用了Free grammar checker后不需要prose代写了!
        语法很重要,但自己却很难察觉错误。
        那我们应该如何有效的实践自己从书本里学到的语法知识呢?
        很简单,靠软件!
        这年月最不缺的就是软件开发的企业。但英语语法纠错软件,这还得拜托老外开发。毕竟人家是母语,研发的产品可信度总会高一点。这就好比,你会选择一款美国人开发的成语纠错软件吗…
lazy loading - 用了Free grammar checker后不需要prose代写了!
        为什么我喜欢用软件纠错?
        第一,反馈及时!这点对我最重要。写完一篇作业、博客、邮件都需要第一时间检查语法错误,可这么及时的事,没人可以辅助我们完成。
        第二,具有参考价值!千万不要迷信软件,辩证看待批改结果,有时候坚持自己的理解,反而能加深对某个语法知识点的理解和印象。
        第三,方便。语法纠错软件好比一个插件,它会安静的躲在浏览器的角落里,等待你完成一篇或者一段英语内容后,它主动告诉你哪里有些问题。
        第四,免费。这么好用的软件,怎么能不收费呢?嘿,它还真得不收费,除非你的作文对语法要求特别高,比如雅思作文、托福作文、或者大学作文,否则日常文字内容,软件的免费功能完全可以满足需求。
        这么好用的软件叫啥
        老外写作时往往需要阅读大量的相关书,其实就是Do some reference。这一点国内学生往往不太注重,我个人是强烈建议你多用这个方法去学习的,它能帮助你触类旁通,拓宽思维,但坏处是太花时间。所以面对大量的文字工作和学习时,软件的好处就会凸显出来。在所有我用过的英语软件里,这款软件是最安静,最值得参考的一款了。当然,还是那句话,我为你的时间负责,你为自己的写作水平负责。找出软件,告诉你好用是我应该做的,但用不用还得你自己评估了~
        其实同学们在英语学习过程中对于这种纠错软件还是必须具备的,毕竟你的老师不能随叫随到,而软件可以随时随地帮你解决你的困难!相信Free grammar checker可以帮到更多的学子!对于prose代写有疑问的同学快联系我们的客服吧!你只需动动鼠标,或者动动拇指,就能轻松解决各种留学的难题。留学咨询、留学申请、留学文书、材料翻译,我们的服务都是全年无休的,品质和效率都能满足您的需求。

达尔文大学代写教你写出高分柱状图作文

lazy loading - 达尔文大学代写教你写出高分柱状图作文

        很多留学生吐槽老师布置的作业或者是雅思考试的小作文很难写,特别是地图题类的。这里meeloun小编负责的告诉大家:绝不仅是地图题这一种类型难写。。。相反是柱状图、饼图等类型,由于信息量并不多,相对更难写出有逻辑和层次的小作文。在我六岁那年,第一次接触书法。至今记忆犹新的是,当时的书法启蒙老师曾告诉我:世界上最难写好的毛笔字是:“一”。当我看过的和写过的文字越来越多后,才发现似乎这个道理相通。等你读完这篇文章后,你可以自己检查下曾经写过的小作文。快速过一遍,看看是不是信息越少的作文,分数越低?而柱状图就属于信息相对较少的类别。看似题目里的X轴和Y轴上有一堆的信息,可实际写起来却发现,还真挺难表达的。借此机会,达尔文大学代写给大家分享五个思考角度,帮你彻底解决这个小作文的大问题。
        角度一:问问自己题目到底在说什么
        看到题目后,首先当然应该快速浏览一遍整到题。
        接着就要问问自己,题目到底在问什么。。。
        举个例子:

lazy loading - 达尔文大学代写教你写出高分柱状图作文
        你可以快速看一遍题目后,自己写下对此的理解,
        “题目到底在问什么?”,你能答上来吗?
        我所看到的有以下几点:
        1. 题目说的是2007年的population,仅指2007年
        2.题目中有出现11个国家,以及各自国家所对应的population数量
        3.题目只是说2007年,而不是某个时间段,所以不能提到变化,而是要有对比
        前两点,我知道你一定看得到,可第三条你想到了吗?
        角度二:X轴与Y轴以及每个柱子的数字分别是多少
        本题Y轴上的单位是million,因此每一条的数字单位都是它。例如:
        2007年,Belgium的数据并不是10,而是10 million.
        其次再回到图表中,记下图中数字最高与最低的国家,
        分别是:Germany对应着over 80 million,以及Estonia maybe less 2 million.
        有了最大和最小以后,可以帮你建立数据范围。
        避免在落笔时,跳出范围写偏题。

lazy loading - 达尔文大学代写教你写出高分柱状图作文
        角度三:不同数据之间的相似性
        图表中,存在11个国家的数据,我们应该迅速整理出其中哪些数据类似,
        案例中的数据相对容易,我初步认为可以分为低和高两部分。
        低人口区:
        1. Belgium
        2.Bulgaria
        3.Czech Republic
        4.Denmark
        5.Estonia
        6.Ireland
        7.Greece
        高人口区:
        1.Germany
        2.Spain
        3.France
        4.Italy
        分开后,思考起来相对会减少许多工作量。
        这道题还有一个别的分类,就留给大家去思考吧。
        角度四:不同数据之间的差异性
        思考相似性后,自然要考虑差异性。
        两组之间,大致的数据差别是多少,
        可以有几种表达方式?
        此时自己的大脑就要开始活动起来了。
        比如低人口区的Belgium的数据是10 million,
        它与高人口区的Spain的数据相差是4倍。
        以此类推,把你认为重要的信息按照这个的方法,
        找出各自的差异性。
        你可以找出国家和国家之间的差异,也可以找出小组和小组之间的差异。
        当走到这一步时,我们就可以比较轻松的写出一段甚至是全文了。
        下面给大家举一个例子,读完你来分析下其中的思路吧
        This chart shows the populations of some European countries in 2007. The country with the largest population is Germany, with over 80 million people whereas Estonia has the smallest population, at little more than a million. Belgium, Bulgaria, the Czech Republic, Denmark, Estonia and Ireland all have populations or ten million or less, while Greece has a population of about eleven million. Apart from Germany, the largest countries are Spain, France and Italy with populations ranging from about forty-four to sixty-three million. Together, the four largest countries account for over eighty per cent of the population of the countries shown.
        我知道,读到这里你想问什么。
        那第五个角度是什么呢?
        别着急,我当然记得啦。
        最后一个角度,就是写作最离不开的词汇。
        角度五:词汇
        前面已经提到,这道题描述的是population in 2007.
        所以我们一定会用到对比,而不会用到描述趋势的单词。
        形容词的普通级、比较级、最高级,就显得尤为重要。
        例如在句中表达对比的连接词:
        as ……. as, not as ……… as, not so …….. as, whereas, but, while, although
        又或者在句首表达转折,或对比的连接词:
        However, By contrast, On the other hand, In comparison
        总结
        有了以上这五个角度的辅助,在你思考一道柱状图或饼状图时,你会更加的得心应手。我们最常犯的错,就是轻视题目的难度。看似简单的题目,如果没有经过一层层严密的思考,那么行文必定缺少主心骨,行散神更散。用中文解释就是:流水账。小作文难就难在如何有节奏的、客观的描述一张图上的数据。也许,这正是大家应该去努力的方向。对于达尔文大学代写有疑问的同学们可以联系我们的客服哦!meeloun拥有专职的客服团队数十名,旗下超400余名各类专家、顾问和写手,我们开发了专业的自助工单提交系统、协同帮处理系统以及CRM客户管理系统,依托微信公众服务平台、营销QQ客服平台为您提供极致的服务体验,赶紧试试吧。

Case Study代写范文—Pace Leisurewear Ltd

lazy loading - Case Study代写范文—Pace Leisurewear Ltd

有效的管理、充足的资金和有能力的人力资源的综合方法,可能导致企业组织朝着实现目标的方向前进。这些元素之间的分裂迟早会导致它自己的灭亡。Pace Leisurewear公司是设计和制造公司,休闲和休闲的衣服,尤其是针对年轻、收入较高的市场。它是由Jill Dempsey和Mike Greaves建立的,分别是公司的总经理和生产经理。
通过观察这家公司的案例,我们知道该公司陷入困境,因为该公司的信要求减少透支额。这封来自银行的信使他们担心,因为如果他们不能保持透支,他们将无法完成大订单的竞技场,这是一个国家连锁店的休闲和运动用品商店正在大量订购的步伐。这表明他们面临着流动性问题。对财务报表的案例研究的一般看法给我们提供了公司面临的其他一些困难。

An integrated approach with effective administration, adequate financing and capable human resource may lead a business organisation towards the path of goal attainment. Disintegration among these elements may lead towards its own demise sooner or later. Pace Leisurewear Ltd is a company that designs and manufactures the casual and leisure clothes aimed particularly at the younger, higher-income market. It was established by Jill Dempsey and Mike Greaves, who are the Managing Director and Production Manager of the company respectively.

By observing the case study of this company, we know that the company is in trouble because the letter from the company’s bank was asking it for the reduction in the overdraft. This letter from the bank has made them worried because if they can’t keep up the overdraft, they will not be able to fulfil the big order by Arena, which was one of the several national chains of casual and sportswear stores that was placing substantial orders with Pace. It shows that they were facing liquidity problem. A general outlook of the case study putting aside the financial statements provides us with some other difficulties that the company was facing.

Trading of the company during the recession period was a problem. Moreover, recession itself was a problem for the company. Though it was a big company, the production director Mike was looking after the financial matters. There was no one within the company who had any great financial expertise. When there was a problem, the company’s auditors were normally asked for advice. The company is facing poor cash situation as conveyed by Mike Greaves which might be result of their spending on fixed assets like plant. Declaration of no further investment in the company by the largest shareholder Keeble States also came as a shock to the company when there was a hope that Keeble States would invest money and they would be able to issue overdraft. Also, an indifference of the largest shareholder in the affair of the company can be regarded as a problem. Such indifference directly affects the operation of company that ultimately, has the effect on financial situation of the company.

【Meeloun教育竭诚提供优质高效专业的Essay代写、assignment代写、paper代写、report代写等学术服务,详询QQ:800056654】

Breaching of the overdraft limit over the past few years by the company functioned as a proof of their dishonesty. Also, we can identify that the company was running along with the conflict between the largest shareholder Keeble brothers and the other board members. The other board members were bringing forth the idea of introducing another major shareholder, which was against the wish of Keeble brothers. So, the company was facing the problem in decision making.

A quick look upon the balance sheet of the company, gives us the information that there is a massive increment in the non-current assets. Though investment in the non-current assets is good for the company in the long run, it may cause problem to the company in its day to day operation. It may create an inadequacy of working capital which is necessary for daily activities. The amount of trade receivables has increased which indicates that the goods are being sold on credit.

Calculation and Interpretation of Financial Ratios
The income statement and balance sheet are the traditional basic financial statements of a business enterprise. They do not give all the information related to the financial operations of a firm. Still, they provide some extremely useful information to the extent that balance sheet mirrors the financial position on a particular date in terms of structures of assets, liabilities and owners’ equity and others and profit and loss account shows the results operations during a certain period of time in terms of revenues obtained and the cost incurred during the year.

In depth analysis of financial statements is supported with ratio-analysis. It is the most widely used technique of financial statement analysis. Ratio analysis is a systematic use of ratio to interpret the financial statements so that the strengths and weaknesses of a firm as well as its historical performance and current financial condition can be determined. Ratios are relative figures reflecting the relationship between variables. A single figure by itself has no meaning but when expressed in terms of related figure, it yields significant inferences. Ratios can be divided into profitability ratio, liquidity ratio and activity ratio.

To analyse the financial statement and condition of the Pace Leisurewear Ltd, the method of ‘ratio analysis’ is used as a major tool. Here, return on capital employed, return on equity (shareholders’ fund), gross profit margin, net profit margin, inventory holding period, average collection period for trade receivables, sales to capital employed ratio, current ratio, quick assets (liquid or acid test) ratio and gearing ratio are used as major tools for the interpretation of business condition and financial statements, though there are other tools for the interpretation. Calculation and interpretation of these ratios provide us with the information about liquidity, profitability and efficiency of the company. The calculation and interpretation of the ratios can be shown as below:

Return on Capital Employed (ROCE)
ROCE ratio tells us how much profit we earn from the investment the shareholders have made in their company. If the company has low ROCE ratio, it is using its resources inefficiently, even if its profit margin is high. The higher the ratio the more efficient is the use of capital employed.

In context of the Pace Leisurewear Ltd, ROCE ratio was increased in the last year than the year before last. From the calculation, we got, it was 30% in the last year whereas it was 20% in the year before last. So, we can say that the company had better performance in the last year than the year before last.

Return on Equity
This ratio indicates the profitability to the shareholders of the firm with deduction of all expenses and taxes.

In context of this company, the return on equity ratio was increased which is good for the company. It was 32.5% in the last year and 18% in the year before last.

Gross Profit Margin
It indicates the efficiency of operations and firm’s pricing policies. The larger the gross profit margin, the better for the company. It looks at how well a company controls the cost of its inventory and manufacturing of its products and subsequently pass on the cost to its customers.

From the calculation we found that the gross profit margin ratio was increased. It was 46.16% in the year before last and 48.16% in the last year which is good for the company.

Net Profit Margin
This ratio measures the relationship between net profit and sales of a firm. A high net profit margin in ratio is an indicative of adequate return to the owners as well as enables a firm to withstand adverse economic conditions. A low net profit margin ratio has the opposite implications.

From the calculation, we found that the net profit margin ratio was increased. It was 8.91% in the year before last and 13.10% in the last year. It shows that the company was selling well which is good for the company.

Inventory Holding Period
A high number of days inventory indicates that there is lack of demand for the product being sold whereas a low days inventory holding period may indicate that the company is not keeping enough stock on hand to meet the demands.

It is known from the above calculation that the inventory holding period for the company in the year before last was 63 days and for the last year it was 95 days. So, this extension in the inventory holding period is a problem for the company which obstructs the path of cash generating.

Average Collection Period of Trade Receivables
This ratio indicates the speed with which debtors/accounts receivables are being collected. A short, collection period implies prompt payment by the debtors. It reduces the chance of bad debts. Similarly, a longer collection period implies too liberal and inefficient credit collection performance.

From the calculation, we found that, the collection period for the debtors/accounts receivables for the year before last was 42 days whereas for the last year it was 61 days. So, it indicates that the company was inefficient in its credit collection performance. This delay in the collection of receivables, may have adverse effect in the liquidity position and also there lies possibility of accounts receivables being bad debts.

Sales to Capital Employed Ratio
It is the ratio which indicates the relationship between the capital employed and sales revenue. The higher the ratio the higher is the revenue, the lower the ratio the lower the revenue.

From the calculation, we found that the ratio of capital employed in the year before last was 1.34 times and for the last year it was 1.44 times. It indicates that the Pace Leisurewear Ltd was generating more revenue.

Current Ratio
The ratio of total current assets to total liabilities is current ratio. It measures the short term solvency, that is, its ability to meet short term obligations. The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they come due at that point.

From the calculation, we found that the current ratio for Pace Leisurewear Ltd in the year before last was 1.76:1 and for the last year it was 1.44:1. This ratio indicates that the short-term solvency of the company was getting poorer.

Quick Assets ( liquid or acid test) Ratio
It is the ratio between quick current assets and current liabilities. It shows a firm’s ability to meet current liabilities with its most liquid assets. Companies with the ratio less than 1, are supposed to be in vulnerable condition. Such companies are unable to pay their current liabilities, which show the dependency of current assets on inventory.

In case of this company, it was found that quick assets ratio was getting weaker. It was 0.78:1 in the year before last and 0.47:1 in the last year. It indicates that the company was in difficulty of paying current liabilities. It was even weaker in the last year than the year before last.

Gearing Ratio
The higher the gearing, the higher the dependence on borrowing and long term finance. The lower the gearing ratio, the higher the dependence on equity financing.

Here, in case of this company, the gearing ratio for the last year was 42.3% and 34.4% for the year before last. It shows that the company had a reliance on sources of long term loan.

Conclusion and Recommendation
From the above calculation and interpretation of the ratio and its analysis based on the two years’ financial statement of the Pace Leisurewear Ltd, we came to know that the company was facing mainly a liquidity problem. In order to get rid of such financial problem, assuming myself as a member of Drake Management Consultants, would like to recommend that the company should issue the shares, increase the cash sales rather than credit sales, collect the trade receivables promptly, decrease the long term liabilities and not exceed the limit of overdraft. Beside this, it needs to employ a financial expert and develop an environment of mutual understanding and trust among the shareholders and board of directors.