Chapter I

COMPANY PROFILE

Aloha On The Ganges - An Exquisite Rishikesh Resort

Just 225 kilometers north of India's capital, New Delhi, and easily accessible by rail, road and air, this exquisite
resort in Rishikesh 'Aloha on the Ganges' is located right on the banks of the Ganges River close to the Laxman
Jhula, in a very serene and peaceful environment. The setting of the resort on the fast-flowing Ganges,
surrounded by forested hills, is conducive to meditation and mind expansion. In the evening, the breeze blows
down the valley, setting temple bells ringing as sadhus (spiritual men), pilgrims and tourists prepare for the
nightly Ganga Aarti.

Aloha on the Ganges is not just a resort in Rishikesh that will leave you breathless with the enchantment of its
surroundings, but assists in enabling you to experience both physical and mental relaxation and realize the
importance of a moment of calm and personal space in your everyday life.

In absolute terms, Aloha on the Ganges is the ultimate escape from the mundane to the spiritual, where every
corner spells harmony and every colour soothes the senses.
Accommodation at Aloha on the Ganges

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1.Deluxe Room (Garden Facing)

The Deluxe rooms have an area of 420 sq.ft. and come with amenities such as a flat-screen TV, Mini-fridge, in-
room safe, high-speed Wi-Fi and with tranquil garden views and have direct access to the Spa.

2.One Bedroom Standard Apartment

The one-bedroom apartments at our resorts in Rishikesh are perfect for both business and leisure travellers.
These rooms are spread across an area of 729 sq. ft. and come with modern amenities like high-speed Wi-Fi,
Electric Kettle and a complimentary breakfast. These serviced apartments in Rishikesh are located on higher
floors and are perfect for a small family. 

3.Two Bedroom Standard Apartments (Garden Facing/Hill Facing)

The Two-bedroom apartments are spread across an area of 1455 sq. ft. and come with a double bed and a
separate living room. These living spaces offer picturesque views of the Ganges from the comfort of your room.
Additionally, these rooms are well-equipped with modern amenities like In-room Safe, hairdryer, high-speed
Wi-Fi to help our guests have a memorable stay. 

4.Two Bedroom Premium Apartments (Ganges view/Hill view)

The Premium Two-Bedroom Serviced apartments come with two tastefully decorated rooms and a separate
living room to help our guests stretch their legs and relax. This apartment is spread across an area of 1455 sq. ft.
and comes with a flat-screen TV, In-room safe and high-speed Wi-Fi connectivity. These rooms also offer
pleasant views of the Himalayas and of the Ganges right from our apartment.

5.Superior Room (Garden Facing)

The Superior Rooms are housed on the ground floor of our resort in Rishikesh. These rooms are spread across
an area of 566 sq.ft. and come with aesthetically pleasing interiors and plush furniture. These rooms come with
their own private bathrooms and large windows that overlook the mighty Ganges. A range of amenities such as

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Electric Kettle, Complimentary Breakfast, Complimentary Mineral Water Bottle help our guests have a swell
experience at our resort. 

Aloha has been designed keeping in mind the long stay demand of Rishikesh. We at Aloha on the Ganges

offer accommodation with multiple choices to choose from. We have rooms and also offer a choice of 1

&2 Bedroom Apartments. There are other private apartments being operated by other private operators

in the same premises for which we do not extend services and please be careful while booking your

accommodation.

SPA

Tattva - Spa & Wellness at Aloha on the Ganges Resort

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The concept Prithivi, Akash, Jal, Agni, Vayu (Earth, Sky, Water, Fire, Air) are the five Tattva’s or elements that
the universe and the human body is composed of. Ancient eastern philosophy holds that the balance of these
five Tattvas or elements in entire universe, including the human body, is the essence of wellness. Balance. That
is what Tattva Spa aims to strive for your mind, body and soul. Tattva Spa spaces evoke the feelings and states
of mind associated with relaxation. It evokes the feelings of tranquility, balance, and serenity in the consumer
by using elements from nature, or by using commonly associated things, beautiful landscapes, that suggest an
escape from chaos, sunsets and sunrises, with a pastel soothing colour pallette.

Tattva Spa is one of the most trusted beauty and wellness brand in India. With a mission to rejuvenate people’s
lives, Tattva offers luxury spa and salon services at hotels & resorts across India. Tattva Spa at Aloha on the
Ganges is conveniently located one floor down to the hotel lobby with a warm interior inclusive of 2 couple,
1Ayurveda room &1single room. With the well equipped four spa therapy rooms with ensuite steam and shower
facilities, the wide array of beauty and wellness services on the Tattva spa menu, this is a go-to place for
rejuvenation.

DINING

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 Latitude

A speciality multi-cuisine restaurant offering a wide and varied choice of both International and Indian cuisine.

Patio - Al Fresco Dining at Aloha on The Ganges

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 An Al Fresco dining restaurant overlooking the fast flowing Ganges River to enjoy our high tea great outdoor
dining experience.

In-House Bakery at Aloha on The Ganges, Rishikesh

An in-house bakery offering you fresh and healthy baked products and a wide variety of light snackS.

Chapter II

FINANCIAL STATEMENTS

Financial statements are the basis of decision making by the management as well

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As others outsiders who are interested in the affairs of the firm such as investors,
 Creditors, customers, suppliers, financial institutions and employees , potential
Investors, Government and the general public . the analysis and interpretation of
Financial statements depend upon the nature and type of information available in
These statements.

MEANING OF FINANCIAL STATEMENTS

Financial statements are written records that convey the business activities and the financial performance of a
company. Financial statements are often audited by government agencies, accountants, firms, etc. to ensure
accuracy and for tax, financing, or investing purposes. For-profit primary financial statements include the
balance sheet, income statement, statement of cash flow, and statement of changes in equity. Nonprofit entities
use a similar but different set of financial statements.

 Financial statements are written records that convey the business activities and the financial
performance of an entity.
 The balance sheet provides an overview of assets, liabilities, and shareholders' equity as a snapshot in
time.
 The income statement primarily focuses on a company’s revenues and expenses during a particular
period. Once expenses are subtracted from revenues, the statement produces a company's profit figure
called net income.
 The cash flow statement (CFS) measures how well a company generates cash to pay its debt
obligations, fund its operating expenses, and fund investments.
 The statement of changes in equity records how profits are retained within a company for future growth
or distributed to external parties.

NATURE OF FINANCIAL STATEMENTS

Financial statements are prepared using facts relating to events, which are recorded chronologically. Thus, we have
to first record all these facts in monetary terms. Then, we have to process them using all applicable rules and
procedures. Finally, we can now use all this data to generate financial statements.

Based on this understanding, the nature of financial statements depends on the following points:

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 1. Recorded facts: We need to first record facts in monetary form to create the statements. For this, we
need to account for figures of accounts like fixed assets, cash, trade receivables, etc.

2. Accounting conventions: Accounting Standards prescribe certain conventions applicable in the

process of accounting. We have to apply these conventions while preparing these statements. For
example, the valuation of inventory at cost price or market price, depending on whichever is lower.

3. Postulates: Apart from conventions, even postulates play a big role in the preparation of these
statements. Postulates are basically presumptions that we must make in accounting. For example, the
going concern postulate presumes a business will exist for a long time. Hence, we have to treat assets
on a historical cost basis.

4. Personal judgments: Even personal opinions and judgments play a big role in the preparation of
these statements. Thus, we have to rely on our own estimates while calculating things like
depreciation

OBJECTIVE OF FINANCIAL STATEMENTS

Stakeholders of a company heavily rely on financial statements to understand its functioning. They portray the true
state of affairs of the company. Here are some objectives of financial statements:

 These statements show an accurate state of a company’s economic assets and Liabilities. External
stakeholders like investors and authorities generally do not possess this information otherwise.

 They help in predicting the extent of a company’s capacity to earn profits. Shareholders and
investors can use this data to make their financial decisions.

 These statements depict the effectiveness of a company’s management. How well a company is

performing depends on its profitability, which these statements show.

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  They even help readers of these statements know the accounting policies used in them. This helps in
understanding statements more comprehensively.

 These statements also provide information relating to the company’s cash flows. Investors and
creditors can use this data to predict the company’s liquidity and cash requirements.

 Finally, they explain the social impact of businesses. This is because it shows how the company’s
external factors affect its functioning.

TYPES OF FINANCIAL STATEMENTS

Financial statements primarily comprise two basis statements:-
(a) The position statement or the balance sheet ; and
(b) The income statement or the profit and loss account. however generally accepted
accounting principles (GAAP) specify that a complete set of financial statements must
include:

1. A balance sheet
2. An income statement
3. A statement of changes in owner’s accounts, and
4. A statement of changes in financial positions.

IDEAL FINANCIAL STATEMENTS

The financial statements are prepared with a view to depict financial positions of the
Concern. A proper analysis and interpretation of these statements should be prepared in
Such a way that they are able to give a clear and orderly picture of the concern. The
Ideal financial statements have the following characteristics:

1. Depict True Financial Positions :- The information contained in the financial

Statements should be such that a true and correct idea is taken about the financial
Positions of the concern. No material information should be withheld while
Preparing these statements.

2. Effective Presentation:- The financial statements should be presented in a

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 Simple and lucid way so as to make them easily understandable. A person who is
Not well versed with accounting terminology should also be understand the
Statement without much difficulty.

3. Relevance :- Financial statements should be relevant to the objective of the

Enterprises. this will be possible when the person preparing is able to properly
Utilize the accounting information. The information which is not relevant to the
Statements should be avoided otherwise it will be difficult to make a distinction
Between relevant and irrelevant data.

4. Attractive:- The financial statements should be prepared in such a way that

Important information is understand so that it attracts the eye of the reader.

5. Comparability:- The result of financial analysis should be in a way that can be

Compared to the previous year statements. The statements can also be compared with
Figures of the other concern of the same nature. sometimes budgeted figures are
Given along with the present figures. The comparable figure will make the
Statements more useful. The Indian companies act 1956 has made it obligatory to
Give previous year’s figures in balance sheet. The comparison figures will enable
A proper assessment for the working of the concern.

6. Easiness:- Financial statements should be easily prepared. The balance of different

Ledger accounts should be easily taken to these statements. The calculations work
Should be minimum possible while preparing these statements. The size of statements
Should not be very large. The columns to be used for giving the information
Should also be less. This will enable the saving of time in preparing the statements.

7. Brief:- If possible , the financial statements should be presented in brief. The reader
Will be able to form an idea about the figures. On the other hand, if the figures are
In details them it will be come difficult to judge the working of the business.

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 IMPORTANCE OF FINANCIALK STATEMENTS

1 Importance of the Balance Sheet:- The balance sheet shows the company’s financial position and provides
detailed investments of the company’s asset investments. The balance sheet also contains the company’s debt
and equity levels. This capital mix helps investors and creditors understand the position and the company’s
performance.

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There are differences in reporting various items in IFRS and US GAAP. For example, long-lived assets,
inventory, intangible assets, leases, impairment of long lived assets as well as taxes

2 Importance of Income Statements:- The balance sheet is a snapshot of the company’s assets, liabilities,
equity, and debt. It does not show what happened in the period that caused the company to get to the position
where it is now. Therefore, profit figures on the income statement are important to the investors.
Income statement format contains sales, expenses, losses, and profit. Using these statements can help
investors evaluate the company’s past performance and determine future cash flows.
IFRS and US GAAP also differ in the classification of certain expenses like restructuring charges, shipping
costs, and handling costs. The necessary expense of depreciation and discontinued operations are also treated
very differently.

3.Importance of Cash Flow Statement:-

Cash flow statement shows the inflow and the outflow of the cash flow in and out of business during the
financial period. It gives the investors an idea that the company has enough funds to pay for its expenses and
purchases.
The cash flow statement has all three main headings, i.e., Operating, Investing, and Financing. It gives the
business an overview of the entire business.

Under the US GAAP, interest received and paid will be a part of operating activities, while under IFRS, interest
received will be a part of operating or investing activities. Interest paid will be a part of operating or financing
activities. Similarly, under US GAAP dividends received will be a part of operating activities while dividends
paid will be a part of financing activities, and under IFRS, dividends received will be a part of operating
activities while dividends paid will be a part of the financing.

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It is primarily important to the equity shareholders because it shows the changes in the components
like retained earnings during the period. The difference between equity and debt shows
the companies net worth.
A company with a steady increase in retained earnings is sustainable as opposed to
increasing shareholder base.

5. To the Management:- The complexities and the size of the business make it necessary for the
management to have up-to-date, accurate, and detailed information about the business and its
financial position. The financial position helps the management understand the company’s
performance in comparison to the other businesses and the sector.

Providing management with accurate information enables them to form proper policies for the
companies and make correct decisions.

These statements rank the performance of management. The performance of these statements will
help management justify their work to all the parties involved in the business.

6 To the Shareholders :- Shareholders are the business owners but do not take part in making decisions and
day-to-day activities. However, these results are shared with the shareholders at the AGM held annually.

These statements enable the shareholders to understand how the company has been performing. It also allows
them to judge the present and future performance

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Financial statements are the most important source of information for current and prospective customers. They
also need it to understand the dividend payout ratio and forecast the future dividends
7 To the Creditors and the Lenders:- like liquidity, debt, and profitability are all judged by the essential
metrics in the financial statements. Creditors and Lenders are most concerned about the company’s debt
position. If the debt level is higher than the other companies in the same industry, it means that the
company is over-leveraged

Analyzing these statements will help them decide if they want to continue and determine their future course of
action.

8 To the Employees:- Some companies present different financial statements for their employees.
Employees need business information for mainly two reasons: their current wage and future salary
appraisals. They will be interested in knowing the current condition as well as the future earnings

9 To the Government:- Another importance of financial statements is that the government uses financial
statements for taxation purposes. The government uses the business performance of these companies in
various sectors to assess the economies’ perform

LIMITATIONS OF FINANCIAL STATEMENTS

The limitations of financial statements are those factors that a user should be aware of before relying on
them to an excessive extent. Knowledge of these factors could result in a reduction of invested funds in a
business, or actions taken to investigate further. The following are all limitations of financial statements.

1. Financial Statements Are Derived from Historical Costs:-Transactions are initially recorded
at their cost. This is a concern when reviewing the balance sheet, where the values of assets and
liabilities may change over time. Some items, such as marketable securities, are altered to match
changes in their market values, but other items, such as fixed assets, do not change. Thus, the

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 balance sheet could be misleading if a large part of the amount presented is based on historical
costs.
2. Financial Statements Are Not Adjusted for Inflation:- If the inflation rate is relatively high,
the amounts associated with assets and liabilities in the balance sheet will appear inordinately low,
since they are not being adjusted for inflation. This mostly applies to long-term assets.
3. Financial Statements Do Not Contain Some Intangible Assets:- Many intangible assets are
not recorded as assets. Instead, any expenditures made to create an intangible asset are
immediately charged to expense. This policy can drastically underestimate the value of a
business, especially one that has spent a large amount to build up a brand image or to
develop new products. It is a particular problem for startup companies that have created
intellectual property, but which have so far generated minimal sales.

4. Financial Statements Only Cover a Specific Period of Time:- A user of financial

statements can gain an incorrect view of the financial results or cash flows of a business
by only looking at one reporting period. Any one period may vary from the normal
operating results of a business, perhaps due to a sudden spike in sales or seasonality
effects. It is better to view a large number of consecutive financial statements to gain a
better view of ongoing results.
5. Financial Statements May Not Be Comparable:- If a user wants to compare the results of
different companies, their financial statements are not always comparable, because the
entities use different accounting practices. These issues can be located by examining the
disclosures that accompany the financial statements.
6. Financial Statements Could be Wrong Due to Fraud:- The management team of a
company may deliberately skew the results presented. This situation can arise when there
is undue pressure to report excellent results, such as when a bonus plan calls for payouts
only if the reported sales level increases. One might suspect the presence of this issue

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 when the reported results spike to a level exceeding the industry norm, or well above a
company’s historical trend line of reported results.

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 METHODS OR TOOLS OR TECHNIQUES OF ANALYSIS AND

INTERPRETATION OF FINANCIAL STATEMENTS

The important techniques of analysis and interpretation of financial statements are:-

 Comparative Financial Statements or Analysis

 Trend Analysis
 Ratio Analysis
 Funds Flow Statements
 Cash Flow Statements

COMPARATIVE FINANCIAL STATEMENTS

Comparison of financial statements may be used to express any one of the following type of
comparison:-

1. Comparison with standard figures :- comparison of actual with standard or budget, figures for the s
period and the same firm.

2.Infra-firm comparison :- comparison of actual figures of one period with those of another period for the
same firm .

3.Inter-firm comparison :- comparison of actual figures of one firm with those of another standard fir
belonging to the same industry.

4.Pattern comparison :- comparison of actual figures of one firm with thou of industry to which

The firm belongs.

MEANING OF COMPARATIVE FINANCIAL STATEMENTS

Comparative Financial statements may refer to-

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(a). financial statements of nu enterprise for two or more successive accounting year s. Or

(c). financial statements of different enterprises for the same accounting periods.Or

(c). financial statements of an enterprise and an industry to which the enterprise belongs. for the some
accounting periods. Or

(d). financial statements based on relationship among the components of financial statements for two or more
successive accounting periods.

Types of comparative financial statements:-

 Comparative income statement

 Comparative balance sheet

COMPARATIVE INCOME STATEMENT

Comparative income statement is the income statement sshich is prepared in such a manner so as to reflect the
operating activities of thc business for two or more accounting period. These statements facilitates the
horizontal ly. In such statements, thc figures are shown as follows.

a). in absolute monetary value

b). increase or decrease in absolute values

c). by way of percentage

OBJECTIVE OF COMPARATIVE INCOME STATEMENT

 To analyse information of income and expenses in absolute rupee, i.e., balances

On two or more comparative dates.
 To analyse increase or decrease in rupee amount as well as in percentage by
Taking the date of previous year base.

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  To measure the effort of the firm.
 To review the past operational activities and their effect on the profitability of the
Concern.

TREND PERCENTAGE ANALYSIS

 Trend percentage analysis is a time series analysis to determine the trend of the financial data over a
series of ycars. The working of the trend percentage analysis involves the following three steps:

Step 1. Selection of a base year

Step 2. Assignment of an index number of 100 to each items of base year.
Stcp 3. Calculation of percentage relationship that each item of each year bears to the
same items in the base year.

 The term “trend analysis” refers to the concept of collecting information

And attempting to spot a pattern or trend , in the information . In some
Fields of study, the study “trend analysis” has more formally-defined
Meanings.

 In project management trend analysis is a mathematical technique that

Uses historical results to predict future outcome. This is achieved by
tracking variances in cost and schedule performance. In this context,
it is a project management quality control tool.

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  Although trend analysis is often used to predict future events. it could be
used to estimate uncertain events in the past, such as how many ancient
kings probably ruled between two dates, based on data such as the average
years which other known kings reigned.

 A trend shown by the percentage of the item may not provide clue to
favourable or unfavourable tendencies unless such trend is compared with
the trend of the item which can be logically connected with the trend of
the item which can be logically connected with the former item, for example
, a downward trend for sales accompanied by an upward trend for inventories,
bills receivables, sundry debtors, bad debts would essentially reflect a fall in
operating efficiency.

UNDERSTANDING FINANCIAL STATEMENT

The financial statements are used by investors, market analysts, and creditors to evaluate a company's financial
health and earnings potential. The three major financial statement reports are the balance sheet, income
statement, and statement of cash flows.

 Balance Sheet:-
The balance sheet provides an overview of a company's assets, liabilities, and shareholders' equity as a
snapshot in time. The date at the top of the balance sheet tells you when the snapshot was taken, which is
generally the end of the reporting period. Below is a breakdown of the items in a balance sheet.

Assets

 Cash and cash equivalents are liquid assets, which may include Treasury bills and certificates of deposit.

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  Accounts receivables are the amount of money owed to the company by its customers for the sale of its
product and service.
 Inventory is the goods a company on hand it intends to sell as a course of business. Inventory may
include finished goods, work in progress that are not yet finished, or raw materials on hand that have yet
to be worked.
 Prepaid expenses are costs that have been paid in advance of when they are due. These expenses are
recorded as an asset because the value of them has not yet been recognized; should the benefit not be
recognized, the company would theoretically be due a refund.
 Property, plant, and equipment are capital assets owned by a company for its long-term benefit. This
includes buildings used for manufacturing for heavy machinery used for processing raw materials.
 Investments are assets held for speculative future growth. These aren't used in operations; they are
simply held for capital appreciation.
 Trademarks, patents, goodwill, and other intangible assets can't be physically be touched but have future
economic (and often long-term benefits) for the company.

Liabilities

 Accounts payable are the bills due as part of the normal course of operations of a business. This includes
the utility bills, rent invoices, and obligations to buy raw materials.
 Wages payable are payments due to staff for time worked.
 Notes payable are recorded debt instruments that record official debt agreements including the payment
schedule and amount.
 Dividends payable are dividends that have been declared to be awarded to shareholders but have not yet
been paid.
 Long-term debt can include a variety of obligations including sinking bond funds, mortgages, or other
loans that are due in their entirety in longer than one year. Note that the short-term portion of this debt is
recorded as a current liability.

Shareholders' Equity

 Shareholders' equity is a company's total assets minus its total liabilities. Shareholders' equity (also

known as stockholders' equity) represents the amount of money that would be returned to shareholders
if all of the assets were liquidated and all of the company's debt was paid off.

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  Retained earnings are part of shareholders' equity and are the amount of net earnings that were not paid
to shareholders as dividends.

 Income Statement
Unlike the balance sheet, the income statement covers a range of time, which is a year for annual financial
statements and a quarter for quarterly financial statements. The income statement provides an overview of
revenues, expenses, net income, and earnings per share.

Revenue

Operating revenue is the revenue earned by selling a company's products or services. The operating revenue for
an auto manufacturer would be realized through the production and sale of autos. Operating revenue is
generated from the core business activities of a company.

Non-operating revenue is the income earned from non-core business activities. These revenues fall outside the
primary function of the business. Some non-operating revenue examples include:

 Interest earned on cash in the bank

 Rental income from a property
 Income from strategic partnerships like royalty payment receipts
 Income from an advertisement display located on the company's property

Other income is the revenue earned from other activities. Other income could include gains from the sale of
long-term assets such as land, vehicles, or a subsidiary.

Expenses

Primary expenses are incurred during the process of earning revenue from the primary activity of the business.
Expenses include the cost of goods sold (COGS), selling, general and administrative expenses
(SG&A), depreciation or amortization, and research and development (R&D).

Typical expenses include employee wages, sales commissions, and utilities such as electricity and
transportation.

Expenses that are linked to secondary activities include interest paid on loans or debt. Losses from the sale of
an asset are also recorded as expenses .

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  Cash Flow Statement

The cash flow statement (CFS) measures how well a company generates cash to pay its debt obligations, fund
its operating expenses, and fund investments. The cash flow statement complements the balance
sheet and income statement.

The CFS allows investors to understand how a company's operations are running, where its money is coming
from, and how money is being spent. The CFS also provides insight as to whether a company is on a solid
financial footing.

Operating Activities

The operating activities on the CFS include any sources and uses of cash from running the business and selling
its products or services. Cash from operations includes any changes made in cash accounts receivable,
depreciation, inventory, and accounts payable. These transactions also include wages, income tax payments,
interest payments, rent, and cash receipts from the sale of a product or service.

Investing Activities

Investing activities include any sources and uses of cash from a company's investments in the long-term future
of the company. A purchase or sale of an asset, loans made to vendors or received from customers, or any
payments related to a merger or acquisition is included in this category.

Also, purchases of fixed assets such as property, plant, and equipment (PPE) are included in this section. In
short, changes in equipment, assets, or investments relate to cash from investing.

Financing Activities

Cash from financing activities includes the sources of cash from investors or banks, as well as the uses of cash
paid to shareholders. Financing activities include debt issuance, equity issuance, stock repurchases, loans,
dividends paid, and repayments of debt.

The cash flow statement reconciles the income statement with the balance sheet in three major business
activities.

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 RATIO ANALYSIS

Ratio analysis refers to the analysis of various pieces of financial information in the financial statements of a
business. They are mainly used by external analysts to determine various aspects of a business, such as its
profitability, liquidity, and solvency.

Analysts rely on current and past financial statements to obtain data to evaluate the financial performance of a
company. They use the data to determine if a company’s financial health is on an upward or downward trend
and to draw comparisons to other competing firms.

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 Chapter -III

RESEARCH METHODOLOGY

COLLECTION OF DATA:
Collection of data is one of the Important aspects of research methodology.thc consists of
gathering the data from various sources .there are two types of data:
I) PRIMARY DATA:
Primary, data arc those data, which is originally collected afresh and for first time. It is collected
directly from respondent using data collection method like survey , interviews
questionnaires ,measurement ,direct observation or tabulation.in this report no primary data
collected.

II) Secondary data:

Secondary data is that already exist which has been collected by some other person or organization
for their use and is generally made available to research free or at a confessionals rate. Major use of
the internet in business research is in the area of secondary research. The research report and data
basis maintained by major research companies to know about the computer activities the very
essence of the internet as a major source of second, information probably the reasonable cost in
acquiring them.

Secondary data is one of the parts of research methodology through which information about the
project can be collected. for this research data is collected through internet and various books.
different financial data like annual report, balance sheet, books and bank manual. books and budget
manual were used.

Secondary data are used for the study of ratio analysis of this company .the collect the data I have
refer-company's annual report, annual magazine, etc.

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 The required data factor the study are basically secondary in nature and the data are collected through
balance sheet and profit and loss account of the company and through internet.

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