Methods of Analysis Essay Example | Topics and Well Written Essays - 750 words

Methods of Analysis - Essay Example The purpose of this paper is to describe and analyze these three financial analysis techniques. Vertical analysis is utilized to analyze financial statements. Vertical analysis is a method that involves comparing each entry for each of the three major categories of account (assets, liabilities, and equity) in a balance sheet represented as a proportion of the total account (Answers, 2011). One of the advantages of this method is that is simple to implement and it can be applied to corporation of all sizes. The method helps financial analyst easily visualize relative annual changes within one business (Investopedia, 2011). Horizontal or trend analysis compares two or more years of financial data. Horizontal analysis shows the changes between years in both dollar and percentage form. Showing the trend in dollar form can help an analyst focus on the key factors that have affected profitability or financial position (Garrison & Noreen, 2003). The use of percentage form can help provide p erspective in regards to the significance of the changes that occurred. For example a change of 30% in sales between one year and another is significant, while a change of 0.25% in sales is insignificant. When dealing with companies that move millions of dollars in revenues the use of percentage form can better measure the relative change that occurred. A financial technique that can be very useful to evaluate the financial performance of a company is ratio analysis. The reason ratio analysis is such an effective tool is because ratio analysis can measure different aspects of a firm’s performance. There are different categories of ratios. The five major ratio analysis categories are liquidity, leverage, efficiency, and profitability, and market value ratios. Liquidity ratios measure the cash position of a firm. When a company is liquid the firm has enough money to pay off its short term and long term obligation. The current ratio measures the ability of a firm to pay its shor t term debts, while the debt ratio measures the ability of a company to pay off its long term obligations. The current ratio is calculated dividing current assets by current liabilities. The debt ratio is calculated dividing total assets by total liabilities. Three profitability ratios are net margin, return on assets (ROA) and return on equity (ROE). Net margin is the ratio that best measures the profitability of a company. It is calculated dividing net income by total sales. Another important profitability ratio is gross margin percentage. This ratio is calculated dividing gross margin by sales. The return on assets ratio measures how well a company is using its assets to generate revenues. Return on assets is calculated dividing net income by total assets. The return on equity metric measures how much revenues were generated in relation to its equity. The metric is calculated dividing net income by total equity. Two efficiency ratios are account receivable turnover and inventory turnover. The inventory turnover ratio measures how many times a company’s inventory has been sold and replaced during a year. The metric is calculated dividing cost of goods sold by average inventory balance. The account receivable turnover is a measure of how many times a company’s account receivable

George Washington Essay Example | Topics and Well Written Essays - 1500 words

George Washington - Essay Example Specifically, the film portrays George Washington as an instrumental figure in the quest for independence. Conquerors in any war exercise a lot of courage in going beyond the normal expectation. In the movie ‘The Crossing’, George Washing took the lead in crossing the Delaware river on the Christmas day to fight the British soldiers. The American troops under leadership of George Washington had to employ numerous war tactics in order to defeat their opponent. Critics believe that good leadership leads to success. In the same way, in the movie, George Washington who was the commander in chief earns credit as an outstanding leader. The American troops sneaked and attacked the Hessian mercenaries that belonged to the Britons. The central theme in the movie is George Washington’s role in liberating his nations. The photograph below portrays George Washington leading his foot soldiers to cross the Delaware River. Crossing of the river was not easy because it had frozen ice. Source: http://www.flagsbay.com/flag/wp-content/uploads/2007/08/washington-crossing-the-delaware.png The movie illustrates various character traits of George Washington. For example, the crossing of the Delaware River portrays Washington as a brave leader who does not only lead his troop to the war, but also make a timely target to the opponent. The crossing of the Delaware River took place on a Christmas day. ... The motion pictures George Washington as a hero. The war in Trenton handed them a big win because the American soldiers were able to capture the Hessian mercenaries (Pencak 340). In war, soldiers protecting the arsenals mean a lot to their troop because they vital mercenaries needed in the war is under their custody. This means that an attack at the arsenal would make the opponent lose. Largely, the attacked troop will not have a means of replenishing their weapons once the enemy has ceased the arsenal. The photograph below illustrates the challenges that George Washington had to endure. Source: http://www.davidhanauer.com/buckscounty/washingtoncrossing/photos/washington_crossing1.jpg A spectacular event occurs when Washington and his troop arrived at the banks of the Delaware River; his troops lack food, boat or medicine, yet Washington believed they had to continue protecting their nation. The British troop has been lying at Trenton, equipped with best mercenary. Moreover, the troo p that Washington is about to fight is the best among the British forces. This attribute seems to worry other generals in Washington troop. These generals proposes to Washington that they risk dying if the crossed the river, but to their surprise Washington does not give an after thought about crossing the river. He made a good suggestion on how to cross the river by acquiring boats from an angler. Ideally, the situation seems to be perilous but Washington demonstrates courage in his attempt to cross the river. It is observable through motion pictures in the movie that George Washington was an exceptional leader who could not retreat once he had made a decision to fight the opponents. The success of the American Revolution largely depends on the

Lab assignment Essay Example | Topics and Well Written Essays - 250 words

Lab assignment - Essay Example We are aware that during the judgement day, God will judge us in accordance to our actions. Therefore, in my own view, everything lives in God just as the article suggests. Pentecostalism as suggested by the article â€Å"The Origins and Impact of Pentecostalism† originated from the days of the apostles in the day of the Pentecost. The denomination then spread to other parts of the world, winning many followers. According to Fisher (2013) â€Å"Over time, this tradition has ï ¬â€šowered into different groups, including fun-damentalists, mainline Protestant evangelicals, the Holiness movement, and Pentecostals.† Although there are difficulties in determining the truth of the theory, I chose to believe that Pentecostalism begun from somewhere. However, I cannot fully concur with the author on its initial beginning. Jesus taught through a number of ways, such as through parables and miracles. However, throughout his teachings, he gave a lot of emphasis on three pillars that he regarded as the most essential in the lives of human beings. Jesus taught about three most important pillars that are most important to a human being, which include righteousness, prayer, and fasting. The article also suggests that if we repent God forgives of our sins as the article suggests, â€Å"Those who sincerely repent—even if they are the hated toll-collectors, prostitutes, or ignorant common people—are more likely to receive God’s forgiveness than are the learned and self-righteous† (Fisher, 2013). Personally, I conquer with this as Jesus emphasised that no sin is too big to be forgiven. The beatitudes as Jesus taught are qualities of life that increase our happiness as well as makes us receive more blessings from God. If we follow the beatitudes, we increase our relationship with God and this improves our inner happiness. Fisher (2013) suggests that â€Å"that those who considered themselves superior were more at odds with God than those who were aware of their sins†, which

Whole Food Plan Book Essay Example | Topics and Well Written Essays - 3500 words

Whole Food Plan Book - Essay Example During the year 2005, the sales were 1.3 million which rose to 1.7 million in the year 2007. Although market capitalization is rising, the profit margin has reduced considerably over the past three years. The stores operated by the company are approximately eight years of age; it is young age in a grocery industry. The stores are averagely about 30,000 sq. ft. As reported in the year 2006, among 180 stores of the company 113 were larger or 30,000 sq. ft. The physical resources are newer as the company. Human resource of the company is knowledgeable and well trained; they strive for a better customer experience. The payroll, bonus and other benefits of the staff have been increased during the year 2004 to 2005. Employee of the company are motivated by mission statement of the company and feel proud to be a part of the team that supports organic and natural food. The staff feels good about their job as they are contributing towards the betterment of the society. Whole Foods Market is a supermarket chain specializing in providing its customers with natural and organic foods of the highest quality on the market. Son una empresa con unos muy altos està ¡ndares de calidad en todo lo que hacen ya lo largo de sus 3 dà ©cadas de historia se han convertido en el là ­der mundial en su sector. They are a company with very high quality standards in everything they do and along its three decades of history have become the world leader in this sector. 1. Unmet needs: Usually the food items sold as suitable for children, young and adults are not only grain-based foods, but often they have a high content of salt and usually high sugar content. In the defense of this allegation, it is always said that high sugar and salt is due to demand in certain countries and not in others. In order to promote the concept of healthy eating, it was necessary to create awareness among consumers about the magic of less processed

Current Issues Forums Tourism Essay Example | Topics and Well Written Essays - 1000 words

Current Issues Forums Tourism - Essay Example Additionally, operators slashed prices with an aim of attracting customers. Take note that domestic tourism accounts for 75% of total industry revenue. In 2010-11, domestic tourism nights are anticipated to grow up to 256 million after three years of decline (Pambudi, 2009). During the financial crisis the globe experienced the worst economic performance. Australia’s economy was equally affected. The Conditions were changing quickly and expectations were deteriorating rapidly. It should be noted that tourism spending fell more than consumer spending on average. There was a cocooning effect with both international and Australian tourists less not willing to travel to destinations far from home (Ramis Corporation, 1995). These impacts were observed in Qantas’ profit downgrade, which led to large staff decrease and reduced capacity. Internationally the key business, conference and holiday tourism markets which are the backbone of tourism industry performance declined. It can be remembered that January and February 2009, the number of visitors arriving in Australia for business dropped by 16.5 per cent and conference visitor numbers fell by 28.7 per cent. This had a negative impact on economy. But it is important to note the economy is gradual growing after the crisis. There is a positive index of economic growth. Take for example the previous year international visitors injected around $25 billion in to the Australian economy and this would benefit everyone. Also it provides valuable employment to around half a million of the Australians (Peisley, 1992). During the crisis the tourism industry was negatively impacted and this affected the technology sector. It was observed that many small to medium technology firms are drivers of productivity for majority of sectors including the tourism. This crisis affected technology and there were fears of small firms closing due loss of Commercial Ready and the difficulty of securing