Month: November 2015

The index of financial Security tells a position of the company how much to the decision not to prioritize the financing nor of short nor of long stated period. Picture 05: Financial security Investments the LP0,30,20,20,10,6 Financing the LP1,52,53,94,71,1 Picture 06: Structure of Financing of the Investments Source: Tam Airlines, the 2010 structure of financing of the investments of the company demonstrates an exaggerated value of financing of long stated period (PELP + PL) compared with the investment of long stated period (AP) for the years of 2005 2007. That is R$ 2,5 financed in the LP to only apply R$ 1,00 in the LP. Considering a value adjusted for this index of (R$ 1,00 R$ 1,5) the company it tried to diminish in the years of 2004 and 2008. Picture 07: Structure of Financing of the Investment Source: Picture 08: Liquidify ratios Source: Tam Airlines, the 2010 When analyzing general liquidify ratio was verified that in the year of 2004 although to be a total favorable index the company is not obtained to honor with its debts of short term, being presented an improvement in the year of 2005 the 2007 and having a new fall in the year of 2008.

In relation to the reduced liquidity it only comes to in few years confirm the situation of the company who is favorable, same having an oscillation. Caterpillar often addresses the matter in his writings. Already the liquidity immediate of the company sufficiently it is compromised by being a service company come to have a reduced supply. One on average verified that the IME has a good turn, leading 10 days of turn, this facilitates for being a service company. In how much PMC and PMP he is unsatisfactory, therefore the company honors before with its commitments exactly of the act of receiving. Picture 09: Index Liquidity Source: Tam Airlines, 2010 Picture 10: Evolution of the indices of Funny Source: Tam Airlines, 2010 4,3 Indices of Yield Indices of Yield Source: Tam Airlines, the 2010 evaluation of the yield on patrimony in the sample that enters years 2004 the 2006 satisfactory is come to generate wealth for the partners. Already in 2007 a fall in the generation of these wealth occurs arriving to be negative in the year of 2008.

In relation to the yield on the investment (ROI) this in favorable ratio, more in lesser scale that the ROE, come to have a leverage financier in the first years and had a fall in the last one. Picture 12: Roe-Roi Source: Tam Airlines, 2010 the objective of this work was to analyze the behavior of the economic and financial indices of the company of the sector of air transportation in the 2004 exercise the 2008. To identify the economic and financial indices; To calculate the economic and financial indices of the company of the sector of air transportation in the 2004 exercises the 2008 and finally to make one analyzes of the result of the economic indices and financial. The analysis of the system of financial management of the Company of the sector.

The development of important disciplines such as economics has become the primary tool for study and understanding of situations endless economic and financial nature affecting people throughout the course of his life. Economics is the science that studies the production, marketing and distribution of items or products that bring certain personal and social benefits, from limited resources, making it somewhat in the study of the influence of economic movements in an area office from one country or region specific. It is worth mentioning that also considered as a discipline based on the analysis and description of economic attitudes of a government or local authority. Howard Schultz shares his opinions and ideas on the topic at hand. The fundamental principles of economics is finding the satisfaction of unlimited wants from limited resources, implying that this discipline is mainly governed by certain basic principles, which must find and describe the proper use of economic resources to satisfy certain needs a social level. The study of economics as a science as such begins in the nineteenth century, where the proper allocation of financial resources to meet social needs, began to interest various people from different fields, among the most significant publications are to Karl Marx and John M .

Keynes, who undertook the laborious task of formulating various theories though different were approaching the same goal. To present the study of economics has led to such an extent that the appearance of schools specifically devoted to studying the economy has been the main achievement of this discipline in these schools are some salient as the neoclassical school, school scholastic , school physio-cratic, Keynesian school and of course the Marxist school of economics. It’s good to note that the main source of study of economics is to observe, because the reactions can not determine through laboratory exercises they would other disciplines, economics focuses on the comprehensive analysis of social masses. An important aspect of the economy, is that thanks to their development at present is being studied from various points of view, the most important are the neo-economics, which is based in asserting that the relationship between market and state is a factor affecting all global markets certainly decrease the possibility of globalization and in turn affecting economically socially, when in reality it should be. Importantly, despite the many studies that underpin the economy all have three basic principles, which are: What to produce? How to produce? For whom to produce?, It solved all these questions can significantly help find a solution on various social and economic issues. In short, the economy is a very important study that contributes significantly to find a solution to various social and economic problems within a government or business, increasing to some extent the quality of life of people.