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Vol 11, Issue 1, 2021
Pages: 329 - 337
Review Scientific Paper
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Received: >> Accepted: >> Published: 06.06.2021. Review Scientific Paper

FINANCIAL RATIO ANALYSIS OF THE GASTRONOMY COMPANY “UGOSTITELJSTVO - SIMIĆ M”: CASE STUDY

By
Vujić Milan ,
Vujić Milan

Faculty of Hotel Management and Tourism in Vrnjačka Banja, University of Kragujevac , Kragujevac , Serbia

Tamara Vujić ,
Tamara Vujić

Faculty of Hotel Management and Tourism in Vrnjačka Banja, University of Kragujevac , Kragujevac , Serbia

Jelena Stojanović Alcaraz ,
Jelena Stojanović Alcaraz

Think Forward Consulting Group , San Diego , United States

Stefan Milojević ,
Stefan Milojević

Faculty of Finances, Banking and Audit , Belgrade , Serbia

Jovan Travica
Jovan Travica

Singidunum University , Belgrade , Serbia

Abstract

 There is great potential for financial indicators (ratio numbers) to be a useful analytical tool for investors and other stakeholders. In financial analysis, financial ratios are used as a standard for assessing the financial condition and performance of a company. The ratio analysis includes an evaluation for a useful interpretation of the financial statements. One financial indicator does not in itself indicate a favorable or unfavorable situation. The aim of this research work is to look at the key financial performance of a domestic catering company, in order to give a valid assessment of the financial health of the company. For the purposes of conducting the analysis, the data from the publicly published financial reports of the company (balance sheet and income statement) for the five-year period, from 2015-2019. 

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