Sundown Bakery free essay sample

Bread shop peruses like a run of the mill private company story where quick development can be as adverse and difficult to oversee as fast withdrawal. Entrepreneurs are normally the kind of individuals who are rich with explicit abilities, yet are missing central administration aptitudes and are regularly sick prepared with regards to overseeing fast development of their individual business. Dusk Bakery is the same as I would see it. Through this paper it is my aim to plainly recognize a portion of the issues coming about because of the quick development and to suggest some potential arrangements that would have helped them keep away from their present circumstance. As I read through the account of Sundown Bakery’s fast development, I really wanted to be dazzled with the expansive assorted variety in the recruiting practices of Carol Teinchek and Bruce Marshall. From the beginning it was evident to me that those people they were recruiting would almost certainly battle with correspondence basically in light of the differing idea of the way of life they originated from preceding working at Sundown Bakery. We will compose a custom article test on Dusk Bakery or on the other hand any comparative subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page As a Regional Manager for a Global Country I travel broad universally and know very well indeed about the trouble that emerges when cross blending societies if an exertion isn't made to perceive the individual attributes of each person’s culture. Twilight Bakery would be the same having recruited people from El Salvador, Korea, and Canada during the underlying phases of development. My own investigation of the issues encompassing the correspondence issues at Sundown Bakery point heat to the practically quick separation both Carol and Bruce put among themselves and the business. As they were developing there didn't have all the earmarks of being any structure present and further it was evident to me Carol and Bruce both ventured away from the everyday tasks permitting those they had recruited to deal with the littler subtleties of working the business and collaborating with the client base. From the very beginning, I trust it was basic the Carol and Bruce actualize some organized interchanges. For instance; there doesn't have all the earmarks of being any occurrence of basic descending correspondence where either Carol or Bruce are imparting their destinations to any of the new workers. (Adler, 2009, pg. 2) This likewise gave off an impression of being pervasive when they recruited Hans Mikelson, who started his residency by reporting major developments in clothing standard, menu things, and formal preparing plans. These things are likely not negative all alone, yet as Mikelson executed the progressions he did as such in a similar manner Carol and Bruce had recently done by speaking with the representatives a good ways off through the casual official reminder. Therefore, I was not amazed to find out about the disdain that had worked among the first representatives, who had been accountable for the everyday activities preceding Mikelson’s appearance. As the business developed quickly, it was likewise to be expected to peruse that the representatives had started protesting among themselves to one another and was less steady of the whole association. Unquestionably, this circumstance was additionally exacerbated by the constant recruiting of new workers with immensely unique social and physical foundations. As time passed every old and new representative the same saw reasons as angry about the indifferent and inaccessible way the organization was being run. Eventually, the substance of the message from Mikelson, and Carol and Bruce by expansion, was not lacking, however there was an unmistakable social message being sent to every representative. (Adler, 2009, pg. 9) While I don’t accept that was ever the owner’s purpose to distance themselves from their representatives, it happened no different on the grounds that the message was not given need nor was the technique wherein the message was conveyed. Unmistakably, Sundown Bakery has been their very own casualty achievement. The first organization was affectionate and run with an individual touch. There appeared to be satisfactory upward and descending correspondence alongside meaningful substance messages just as positive social messages. As the organization developed the two proprietors plainly dismissed what was imperative to their business from its beginning. In a poor endeavor to reestablish and pick up request they recruited a man who had originated from a corporate foundation. Mikelson’s nearness and the executives style made further separation because of the unoriginal way wherein messages were passed on. Mikelson’s content message may have been certain, however his social message was plainly inadequate with regards to any kind of close to home touch, and in spite of the size of Sundown Bakery at the hour of his recruit, he clearly didn't perceive this as an organization with workers who had gotten familiar with an extremely close to home sort of the executives style. The differing societies additionally assumed a job in the strains mounting as showed by Jose’s hesitance to take heading from a lady because of his childhood. As I would like to think, early structure and acknowledgment were keys to making Sundown Bakery as fruitful as it might be. Hymn and Bruce ought to have invested considerably more energy associating with their key representatives as a method of keeping their fingers on the beat of the activity just as proceeding to cause the workers to feel significant and a piece of the business. As the content states, â€Å"Communication is irreversible† (Adler, 2009, pg. 10) and on account of Sundown Bakery, the correspondence up to this point has followed an extremely negative way. Correspondence is a procedure, so as to right the boat Carol and Bruce should put forth a purposeful attempt to draw in their workers and re-make the family climate they want for their business. They will unmistakably need to impart this desire to Hans Mikelson also, which may prompt having to re-consider recruiting him for this association should he not have the option to fit in with this style of the board. Ditty and Bruce should be available to upward correspondence from their group and authentically consider the team’s concerns and proposals. The revision won't be simple, however it is positively conceivable to make this the kind of business they had in the first place.

Analysis the operations management of Starbucks Essay

Activities the board focuses on overseeing process. All tasks center around the procedure of info, change and yield. Tasks the executives will worry about the expense of fixings, work necessities, and consumer loyalty. (Heizer, J, p, 39). So all the administrators need to focus on some fundamental objects of tasks the executives, for example, limit, quality, inconstancy, and lining. They should treat the undertaking of offsetting the gracefully with request as their essential work. This article will present how the activities are acted in Starbucks and how the connection among flexibly and request is impacted. In the primary area it will explain the limit and request the board. Concerning second area it will bring up the technique in Starbucks to adjust the flexibly and request in quality perspective. Quality is the spirit of a company,said Schurz in 2003. Furthermore, the creator can not concurred anything else about this. For the last area it will examine about the techniques which made by Starbucks to wipe out the issues happened in lining. Limit the board used to be called â€Å"demand management† (Crandall and Markland, 1996) or â€Å"managing limit and demand† (Fitzsimmons and Fitzsimmons, 2004). Limit the board endeavors to guarantee the administration runs well and fulfill the visitors’ requirements(Klassen and Rohleder, 2002). As far as MRP, in particular the material necessity arranging, MRP is an assembling venture just as functional innovation. It starts with characterizing items dependent on determining of market requests and customers’ request. Following this, an arrangement dependent on the creating progress of items, products’ material structure and stock circumstance is framed. With the assistance of PC to figure the required sum and time, it at that point can explain the production progress and request plan (Ptak, 2011). Starbucks utilizes a calculation named thousand dollar utilization calculation to compute the security material utilization for the following week. This model is appropriate for them to make a transient gauge of the material utilization. The best result they need most is a smooth rising normal. Utilizing the use measure of week by week material given week after week deal then different the following week after week estimating deals and afterward duplicate 1.15 is the consequence of safe storageâ amount (Starbucks, 2006). An assistance is an elusive and pitiful item that can't be contacted or tasted. Administrations are practices, activities and exercises (Valarie, Mary, and Dwayne, P. 4). Contrast with item, there is no requirement for transport and capacity of administration. The world’s biggest espresso organization, Starbucks, has 18000 stores in more than 60 nations and more than 200000 workers. To help this worldwide business, the organization made an accomplishment of how they sorted out their conveyance of their administrations and merchandise. The reason for Starbucks’ is to have a beneficial outcome of one individual, each cup and one neighborhood in turn. Quality used to be the most troublesome idea to characterize. In any case, the cordiality business has encountered the undeniably wild rivalries about higher help quality as time passes by (Parayani et al, 2010). Similarly, Starbucks need to give more consideration on what clients need the most from the administration conveyance. What's more, the clients care progressively about the things they encountered in current friendliness industry. All out quality management(TQM) turns into an increasingly more critical business the executives strategy which is connected with cordiality service(Feigenbaum, 1986). This technique is planned for fulfilling clients, profiting all the individuals from the association just as making great commitments to the society(Parasuraman, Zeithaml& Berry., 1988). It focuses its consideration on item and administration quality along with the level of dedication of individuals. The absolute quality administration worries around one procedure, four phases and eight areas. The administration arrangement of Starbucks can be viewed as an appropriate example to dissect this all out quality administration idea. With respect to the one procedure of Starbucks, the undertaking is should meet the diverse working errands during various timeframes. Each business conduct of the endeavor has an entire procedure of rising, shaping, directing and verifying(Greasley, 2010). One explicit model is that the natu re of refreshment of Starbucks is carefully assessed in various manners, for example, the calm, the taste, and the vibe of the drink. The assessment has itsâ specific necessity as opposed to basing on the individual inclination of the staff. During various creation time and thinking about a few sorts of drinks, distinctive assessing rules are applied. It shows the way that Starbucks keep the â€Å"one process† rule in all out quality administration. Considering the four phases, all out quality administration brings up a cycle framework called PDCA cycle. This cycle framework acts through arranging, doing, checking and acting. In ordinary circumstance, the creating procedure of a drink needs the exertion of arranging what material will be embraced, checking the accessibility of the material and afterward utilizing it to make the item. Any of these four phases can't be skipped in light of the fact that any of them importantly affects conclusive outcomes. There emerges the idea of eight segments following the four phases. It starts with breaking down the present execution of the firm to recognize the potential quality issues and finishes with closing the experience, reinforcing the accomplishment and normalizing the working outcomes. In light of the all out quality administration, a model named SERVQUAL comes in to being. This model is another technique to assess the administration quality in neighborliness industry(Bojanic, 1994). Its main issue is the administration quality hole model, to be specific that administration quality is relying upon the hole between the desire administration level of visitors and the genuine help level they experience(Pitt, 1997). The SERVQUAL model can be essentially observed as this recipe: the aftereffect of SERVQUAL is equivalent with the real encountering outcome less desire result. The higher the SERVQUAL result is, the better assistance quality is. SERVQUAL is isolated the administration quality into five angles: effects, dependability, responsiveness, affirmation and empathy(Zeithaml, 1990). Physical assets ought to have present day administration office, wide fascination of administration office, away from of individuals and the factor of offered support coordinating with firms’ office. Thinking about the Starbucks, it has the exceptional espresso delivering office, cleaning store condition, quality observing framework that can satisfy the global guideline. All the more critically, the staffs in Starbucks are required to wear the cleaning and green covers. This prerequisite not just mirrors the possibility of natural insurance and solid seeking after, yet in addition satisfies the needs of effects, which requests that the firm have the reasonable uniform of members(Zeithaml, 1996). Taking into account unwavering quality, it is the capacity to accurately and dependable to lead the administration responsibility. It incorporates the necessity of complying with the time constraint of guaranteed the administration responsibility, demonstrating the consideration and helping the visitors when they face the issue and recording the exercises and exchanges accurately. Starbucks has set an objective that the espresso in Starbucks will be validated and observed by the third autonomous expert gathering before 2015. There are two prerequisites considering the espresso delivering of Starbucks. The one is that the buying procedure ought to be legitimate and sensible and the espresso editing procedure ought to be capable. Truth be told, Starbucks figure out how to keep such principle, as can be seen from the proof that it has shaped the ethical buying framework called C.A.F.E framework. Such conduct shows the way that Starbucks figure out how to assume the social liability, which can assist with expanding the unwavering quality of the firm and help to construct all the more fulfilling notoriety. Concerning the responsiveness, it relates with the desire to improve the administration standard while accepting the proposals from clients. Starbucks has its own one of a kind client recuperation framework. To be progressively exact, if the clients isn't happy with the item they purchase or the administration they experience, staff in Starbucks will give them client recuperation coupon as a sort of strategy to redress. Other than this, the staffs likewise follow the listening rule that requires the staff to tune in to the input from the clients and take pertinent activities to unravel the issues. Also, staff ought to thank for the criticism from clients, regardless of it is sure or negative. This recuperation framework assumes a significant job in managing the customers’ needs and shows high level of responsiveness inside the Starbucks. With respect to confirmation, it worries about the workers’ level of certainty and capacity to show their insight and politeness. The individuals in Starbucks are approached to follow the 5B guideline. The 5B rule is to be accommodating, inviting, veritable, included, and learned. To be obliging is to attempt to think about others and the entire condition. To be inviting is to invite each visitor energetically, comprehending possessions. To be certifiable is to earnestly contact with visitors and fabricate the positive relationship with visitors. To be included is to commit the heartâ into work and have the inspiration to manufacture a superior Starbucks. To be proficient is to be explicit about the work and love the work(Starbucks, 2012). Clearly having such confirmation inside the Starbucks, the tasks inside the firm is u nder a promising example, which can build up the quality administration level. At last, it is the idea of sympathy, which implies that the organizations are required to think about visitors along with giving the individual help. Applying this ides to Starbucks, laborers in Starbucks welcome the visitors exclusively and afterward sympathetically request the necessities of the g

Will Your Child Inherit ADHD

Will Your Child Inherit ADHD ADHD Print Will Your Child Inherit ADHD? By Jacqueline Sinfield facebook twitter Jacqueline Sinfield is an ADHD coach, and the author of Untapped Brilliance, How to Reach Your Full Potential As An Adult With ADHD. Learn about our editorial policy Jacqueline Sinfield Medically reviewed by Medically reviewed by Steven Gans, MD on October 03, 2016 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on June 24, 2019 ADHD Overview Symptoms Causes Diagnosis Treatment Living With In Children Erin Lester / Cultura / Getty Images Whether you have recently been diagnosed with ADHD or have been living with ADHD for many years, a question almost all adults ask is:  Will my children have ADHD,  too? The answer is:  It depends. The biggest cause of ADHD is genes. ADHD does run in families. Even if no one in your extended family has officially been diagnosed with ADHD, you might notice family members with characteristics and traits that resemble ADHD. Despite this strong genetic link, if you have ADHD, it doesn’t automatically mean your child will, too. This is because it is a combination of genes and environmental factors that determine whether a child develops ADHD. They can inherit ADHD genes without them being activated. For example, one research study found that one-third of fathers with ADHD had children that also developed ADHD. While you might feel powerless over your genes, here are six  suggestions to help. 1) Be Observant Be observant, and  if your child starts to display signs or symptoms of ADHD, seek professional help. Getting an early diagnosis and the appropriate treatment will be invaluable to your child; it will help minimize their struggles and aid their success. 2) Be Aware of Differences If your child does inherit ADHD, it might manifest in a very different way to your ADHD. For example,  if you have hyperactive-impulsive ADHD and your child has inattentive ADHD, your behavior and challenges will be different even though you both have ADHD.  Also, ADHD often looks differently depending on the sex of your child. If your son has hyperactive-impulsive ADHD, they could be very physically active, while your daughter might be hyper-talkative and verbally impulsive. Finally, even if you are the same sex as your child and have the same ADHD presentations, you can still have different ADHD behaviors and challenges. However, knowing that these differences exist  can increase your awareness and help you detect ADHD symptoms in your child early. 3) Be a Role Model Your relationship with ADHD affects how your child deals with their diagnosis. Try to speak about it neutrally, rather than something that is horrible and that you wish you didn’t have. In addition, if you are actively treating and managing your ADHD symptoms, then it will help your child do the same.  If you learn and implement ADHD friendly life skills and seek appropriate medical assistance, your child will too. Children like to fit in. If they are the only child at school with ADHD, it can make them feel isolated and lonely. Knowing that you have ADHD and are doing well, gives them a morale boost and makes them feel less alone. 4) Don’t Feel Guilty People with ADHD are experts at feeling guilt and shame for all sorts of things from constantly being late to forgetting important tasks at work. However, don’t feel guilty that your child has ADHD. Just like the color of their eyes, you have no control over which genes they inherited. 5) Their Experience of ADHD Will Be Different From Yours More is known about ADHD than ever before. This means it is easier for ADHD to be detected and the appropriate help is more readily available from the medical community and at school.  In addition, your child has a supportive parent who understands their struggles. That doesn’t mean that your parents weren’t supportive! Each generation does the best with the knowledge and research that is available to them at that time. 6) Reframe Reframe how you view ADHD. Dr. Kenny Handleman calls ADD Attention Difference Disorder rather than Attention Deficit Disorder. When you look at ADHD like this, you realize your child’s brain might work differently than some people, yet different doesn’t need to be a bad thing.

Usefulness Of Financial Information Towards Using Financial Statements Finance Essay - Free Essay Example

Sample details Pages: 9 Words: 2562 Downloads: 9 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? Financial statements are the statements that show the performance of an individuals, a business or an organizations financial position or status. Basically there are four types of financial statements that include Balance Sheet, Income Statement, Cash Flow Statement and Statement of Retained Profits or Earnings. Users of financial statements can be divided into two following categories Internal Users External Users Internal Users Internal users are the users related with the management of concern for which information is required to be collected or surveyed. They are Managers, Employees, Directors and Partners of the business. Don’t waste time! Our writers will create an original "Usefulness Of Financial Information Towards Using Financial Statements Finance Essay" essay for you Create order Managers and Owners Managers, directors and owners needed the financial statements to make business decisions. They are considered essential for the smooth flow of business operations. They set outs the current and actual financial position of the business and the future of the business can be sought on basis of past financial statements. Sometimes it becomes very difficult to choose or decide the right path for the business in which financial resources may be channelized. In such case financial statements financial statements of competitors or other companies provide suitable guideline. Employees The immense usage of the financial statements is to the employees of the business to collective bargain agreements. These statements are used to discuss matters of promotion, salary or rankings alike. External Users External users of financial statements are as follows Investors Investors Suppliers Customers Competitors Government agencies Public Investors Investors use financial statements to make decisions to invest into a business. Investors are always keen to make their investment safe and secure. Investors always needed to know that how their investment i.e. money being spent by the managers. Lenders Lenders supply or provide finance to the business on agreed rate of interest for shorter or longer period of time. Suppliers In a business commodities are sold and purchase on credit basis. Suppliers provide goods and services to business on credit basis. The suppliers always use financial statement to assure by analyzing financial statements that the business to whom they ate supplying goods and services on credit have the ability to repay the price of goods and services provided. Customer Customers are also user of financial statements of a business. Here question arises Why do customer need financial statements of a business? The answer is customers want to know that either the business whose goods and services they are going to use or utilize have enough resources to lend them. Competitors Competitors are also users of financial statements of the business to know the financial situation of the business to make decisions and strategies to conquer the market. New entrants needed likelihood to get into the market. Government Agencies Government agencies and legislation authorities also interested into the financial statements of the business for the purpose of legislation, taxation, regulation of labor and permission of license etc. General Public For members of the public the financial statement of the business is of the nature of a health examination report. It tells the public about employment opportunities and general growth of an individual concern and an economy as a whole. Evaluate the performance of a company of your choice with an organisation trading within the same industry. (Use appropriate ratios. Attach the copy of the financial statements of both companies Accounting Ratios for Nokia Corporation Ltd For the year 2008 Liquidity Ratios: Current Ratio: Current Assets / Current Liabilities X 100 24470 / 20355 X 100 120% Absolute Liquid Ratio: Cash + cash Equivalents / Current Liabilities X 100 6820 / 20355 X 100 33.5% Quick (Acid Test) Ratio: Current Assets inventories / Current Liabilities X 100 21937 / 20335 X 100 107.8% Profitability Ratios: GP Margin Ratio: Sales CGS / Sales X 100 17373 / 50710 X 100 34.26% Net Profit to Net Sales Ratio: Net Profit / Net Sales X 100 4970 / 50710 X100 9.8% Earnings Per Share Ratio: Net Profit Payable / Number of shares 3988 / 1000 3.988 Per share Solvency (Coverage) Ratios: Debt to Total Asset Ratio: Total Debts / Total Assets X 100 20355 / 39582 X 100 51.42% Activity Ratios: Primary Activity Ratios: Debtor Turnover Ratio: Net credit sales / Avg. Debtors 50710 / 10322 4.91 Note: All the sales are assumed as credit sales Inventory Turnover Ratio: CGS / Avg. Inventory 33337 / 2704.5 12.32 Asset turnover Ratio: Sales / avg. total assets 50710 / 241670.5 0.21 Supplementary Activity Ratios: Avg. Collection Period: 365 / Debtors turnover ratio 365 / 4.91 74.33 days Inventory Conversion Period: 365 / Inventory turnover ratio 365 / 12.32 29.62 ~ 30 days Accounting Ratios for Nokia Corporation Ltd For the year 2007 Liquidity Ratios: Current Ratio: Current Assets / Current Liabilities X 100 29294 / 18976 X 100 154.37% Absolute Liquid Ratio: Cash + Cash Equivalents / Current Liabilities X 100 6850 / 18976 X 100 36.1% Quick (Acid Test) Ratio: Current Assets inventories / Current Liabilities X 100 26418 / 18976 X 100 139.23% Profitability Ratios: GP Margin Ratio: Sales CGS / Sales X 100 17304 / 51058 X 100 33.9% Net Profit to Net Sales Ratio: Net Profit / Net Sales X 100 8268 / 51058 X100 16.2% Earnings Per Share Ratio: Net Profit Payable / Number of shares 8268 / 1000 8.268 Per share Solvency (Coverage) Ratios: Debt to Total Asset Ratio: Total Debts / Total Assets X 100 18976 / 37599 X 100 50.47% Activity Ratios: Primary Activity Ratios: Debtor Turnover Ratio: Net credit sales / Avg. Debtors 51058 / 8544 5.97 Note: All the sales are assumed as credit sales Inventory Turnover Ratio: CGS / Avg. Inventory 33754 / 2210 15.27 Asset turnover Ratio: Sales / avg. total assets 51058 / 30108 1.7 Supplementary Activity Ratios: Avg. Collection Period: 365 / Debtors turnover ratio 365 / 5.97 61.13 days Inventory Conversion Period: 365 / Inventory turnover ratio 365 / 15.27 23.9 ~ 24 days Accounting Ratios for Nokia Corporation Ltd For the year 2006 Liquidity Ratios: Current Ratio: Current Assets / Current Liabilities X 100 18586 / 10161 X 100 182.9% Absolute Liquid Ratio: Cash + Cash Equivalents / Current Liabilities X 100 8537 / 10161 X 100 84.02% Quick (Acid Test) Ratio: Current Assets inventories / Current Liabilities X 100 17029 / 10161 X 100 167.62% Profitability Ratios: GP Margin Ratio: Sales CGS / Sales X 100 13379 / 41121 X 100 32.54% Net Profit to Net Sales Ratio: Net Profit / Net Sales X 100 5723 / 41121 X100 13.92% Earnings Per Share Ratio: Net Profit Payable / Number of shares 4366 / 1000 4.366 Per share Solvency (Coverage) Ratios: Debt to Total Asset Ratio: Total Debts / Total Assets X 100 10161 / 22617 X 100 44.93% Activity Ratios: Primary Activity Ratios: Debtor Turnover Ratio: Net credit sales / Avg. Debtors 41121 / 5617 7.32 Note: All the sales are assumed as credit sales Inventory Turnover Ratio: CGS / Avg. Inventory 27742 / 1611 17.22 Asset Turnover Ratio: Sales / avg. total assets 41121 / 22534.5 1.81 Supplementary Activity Ratios Avg. Collection Period: 365 / Debtors turnover ratio 365 / 7.32 49.86 ~ 50 days Inventory Conversion Period: 365 / Inventory turnover ratio 365 / 17.22 21.19~ 22 days Ratio Analysis: Sn Ratios 2008 2007 2006 01 Current ratio 120% 154.37% 182.90% 02 Absolute Liquid Ratio 33.50% 36.10% 84.02% 03 Quick ratio 107.80% 139.23% 167.62% 04 GP Margin Ratio 34.26% 33.90% 32.54% 05 Net Profit to net sales ratio 9.80% 16.20% 13.92% 06 Earning Per Share Ratio 3.988 per share 8.268 per share 4.366 per share 07 Debt to Total Asset Ratio 51.42% 50.47% 44.93% 08 Debtor turnover ratio 4.91 5.97 7.32 09 Avg. Collection Period 74.33 days 61.13 days 49.86 days 10 Inventory Conversion Period 29.62 days 23.9 days 21.19 days 11 Inventory turnover Ratio 12.32 15.27 17.22 12 Asset turnover Ratio 0.21 1.7 1.81 The current ratio of the company shows that company have enough current assets to repay its all the current liabilities which shows that company is in good condition but not enough good as it was in 2007 and 2006. The absolute liquid ratio shows that company has 34.26% highly liquid assets to repay its current liabilities. This shows bad impact of the company. Although company has more liquid assets in 2006 and 2007 to clear its liabilities this shows that companys performance is going worse day by day. The quick ratio shows that company have enough funds available to repay its current liabilities. This is good sign for investors. But as we compare it with ratios of previous two years it shows that it is also decreasing. Company has not enough funds available as they were available in 2006-07. The GP margin ratio shows that our gross profit is 34.26% of total sales. This is increasing with the increase of sales. As we compare GP margin ratio of last three years, we see that GP margin is in very good in 2008. This attracts the investors. The NP to Net Sales ratio shows that the margin of net profit of total sales is 9.8% is quiet low as compared to previous two years. This shows that company has increased it administrative and marketing expenses this year. The share holders of the company are not getting enough earning this year as much as they have earned in previous years. This makes investors to withdraw their investment from business. And business goes down without having investment. The Debts to total assets shows that the company has 2 assets to repay its 1 Liability or debts. The company is in good position to clear its debts. As we compare it with past two years the company was in better condition. Company increased it debts this year. The debtor turnover ratio shows that we have made 4.91 times credit sales than avg. debtors. In past years company made more credit sales than this year. It means company prefer to make more cash sales. The avg. collection period shows that company recovers debts from customers in 74.33 days. As we compare this with last two years than we come to know that company recovered its debts in fewer periods than this. It means co mpany made soft debts recovery policies. The inventory conversion period shows that company converts it stock/inventory into sales in 29.62 days. But in previous years company took 23.9 days and 21.19 days to convert its stock into sales. This year company took more time for conversion into sales. This means that company policies need urgent attention. Accounting Ratios for Samsung Corporation Ltd For the year 2008 Liquidity Ratios: Current Ratio: Current Assets / Current Liabilities X 100 193728 / 106617 X 100 181.7% Absolute Liquid Ratio: Cash + cash Equivalents / Current Liabilities X 100 91087 / 106617 X 100 85.43% Quick (Acid Test) Ratio: Current Assets inventories / Current Liabilities X 100 191756 / 106617 X 100 179.85% Profitability Ratios: GP Margin Ratio: Sales CGS / Sales X 100 266056 / 298934 X 100 89% Net Profit to Net Sales Ratio: Net Profit / Net Sales X 100 63189 / 298934 X100 21.14% Earnings Per Share Ratio: Net Profit Payable / Number of shares 43592 / 1000 43.592 Per share Solvency (Coverage) Ratios Debt to Total Asset Ratio Total Debts / Total Assets X 100 107840 / 848183 X 100 12.71% Activity Ratios: Primary Activity Ratios: Debtor Turnover Ratio: Net credit sales / Avg. Debtors 298934 / 72573 4.12 Note: All the sales are assumed as credit sales Inventory turnover Ratio: CGS / Avg. Inventory 32878 / 2155.5 15.25 Asset turnover Ratio: Sales / avg. total assets 298934 / 745563.5 0.401 Supplementary Activity Ratios: Avg. Collection Period: 365 / Debtors turnover ratio 365 / 4.12 88.59 days Inventory Conversion Period: 365 / Inventory turnover ratio 365 / 15.25 23.93 days Accounting Ratios for Siemens For the year 2008 Liquidity Ratios: Current Ratio: Current Assets / Current Liabilities X 100 43242 / 42451 X 100 101.9% Absolute Liquid Ratio: Cash + cash Equivalents / Current Liabilities X 100 6893 / 42451X 100 16.24% Quick (Acid Test) Ratio: Current Assets inventories / Current Liabilities X 100 28733 / 42451 X 100 67.69% Profitability Ratios: GP Margin Ratio: Sales CGS / Sales X 100 21043 / 77327 X 100 27.21% Net Profit to Net Sales Ratio: Net Profit / Net Sales X 100 5886 / 77327 X100 7.61% Earnings Per Share Ratio: Net Profit Payable / Number of shares 5886 / 1000 5.886 Per share Solvency (Coverage) Ratios: Debt to Total Asset Ratio: Total Debts / Total Assets X 100 67083 / 94463 X 100 71.02% Activity Ratios: Primary Activity Ratios: Debtor Turnover Ratio: Net credit sales / Avg. Debtors 77327 / 15202.5 5.09 Note: All the sales are assumed as credit sales Inventory Turnover Ratio: CGS / Avg. Inventory 56284 / 13719.5 4.1 Asset Turnover Ratio: Sales / avg. total assets 77327 / 93009 0.83 Supplementary Activity Ratios: Avg. Collection Period: 365 / Debtors turnover ratio 365 / 5.09 71.71 days Inventory Conversion Period: 365 / Inventory turnover ratio 365 / 4.1 89.02 days Ratio Analysis of Nokia, Samsung and Siemens: S/N Ratios Nokia Samsung Siemens 00 Year 2008 2008 2008 01 Current ratio 120% 181.7% 101.9% 02 Absolute Liquid Ratio 33.50% 85.43% 16.24% 03 Quick ratio 107.80% 179.85% 67.69% 04 GP Margin Ratio 34.26% 89% 27.21% 05 Net Profit to net sales ratio 9.80% 21.14% 7.61% 06 Earning Per Share Ratio 3.988 per share 43.592 per share 5.886 per share 07 Debt to Total Asset Ratio 51.42% 12.71% 71.02% 08 Debtor turnover ratio 4.91 4.12 5.09 09 Avg. Collection Period 74.33 days 88.59 days 71.71 days 10 Inventory Conversion Period 29.62 days 23.93 days 89.02 days 11 Inventory turnover Ratio 12.32 15.25 4.1 12 Asset turnover Ratio 0.21 0.401 0.83 As we compare the quick ratio of the nokia we can analyze that the company is more stable then the siemens but when we compare it to Samsung we can see that Samsung is more stable then nokia. Similarly as Absolute liquid ratio of t he nokia is also less then the Samsung but it is grater then the siemens that means the company has absolute liquid assets greater then the siemens but less then the Samsung to pay off its current liabilities Same situation is with the Quick, G.P Margin Ratio and Net Profit to Sale Ratio in Nokia, It has good performance then the siemens but as we compare it to the Samsung. Samsung is more stable then nokia company due to various reasons The share holders of Samsung earn more than of Nokias and Siemens. This attracts investors to invest in Samsung rather than other two companies. Debts to total assets ratio shows that nokia has 51% of debts of its total assets. While Samsung has 12.71% and Siemens have 71% debts of its total assets. The Debts to Total assets ratio of Samsung is better than other twos. Nokia recovers its accounts receivables from its debtors in about 75 days while Samsung and Siemens recovers in 89 and 72 two days consecutively. The company should recover its receivables from its debtors in minimum period of time so that it can utilize its cash more effectively and efficiently. The above comparison shows that Siemens recovers its receivables in minimum time of 72 days. Samsung its stock into sales in 24 days while Nokia and Siemens put their stock into sales in 30 and 89 days. A company, having shorter inventory conversion period increases its sales and utilize its resources efficiently, is ideal company. Importance: Investment is life blood of a business. A business can never survive without appropriate investment/funding. Investment: (Options) Establishment of new Business: An investor has an option of investment in starting a new business. He can start new business to earn profit. He can utilize his experience to run business efficiently. Purchase of an Existing Business: An investor can also purchase an existing business. He can do so on analyzing companies past annual reports and he also forecast standing of business in near future. Investment in Shares of a Business: An investor has an option of investment in shares of existing listed companies. He can compare some different companies annual reports and take decision on making investment in shares. Merging of Business: Investors can investment in expansion of business in such a way to overcome on another same or different type of business. There are two types of merging of a business. Horizontal Merging into same type of business is called horizontal type of merging. Vertical Merging into different type of business is called vertical type of merging. Amalgamation of Business: Investors have an option of investment in amalgamation of one business into another. One business can amalgamate another business Advancement of Loans: An investor can advance loan to business on agreed terms. Performance Audit An audit performed by an asset manager from outside of the business to verify the performance shown in financial statements of the business. Forecasting using Regression Line Method: N X Y XY X2 1 5 34191 170955 25 2 6 41121 246726 36 3 7 51058 357406 49 4 8 50710 405680 64 ÃÆ' ¢Ãƒâ€¹Ã¢â‚¬  Ãƒ ¢Ã¢â€š ¬Ã‹Å" 26 177080 1180767 174 Here X = Year Y = Sales Y = a + b X a = ÃÆ' ¢Ãƒâ€¹Ã¢â‚¬  Ãƒ ¢Ã¢â€š ¬Ã‹Å"X2 ÃÆ' ¢Ãƒâ€¹Ã¢â‚¬  Ãƒ ¢Ã¢â€š ¬Ã‹Å"Y ÃÆ' ¢Ãƒâ€¹Ã¢â‚¬  Ãƒ ¢Ã¢â€š ¬Ã‹Å"X ÃÆ' ¢Ãƒâ€¹Ã¢â‚¬  Ãƒ ¢Ã¢â€š ¬Ã‹Å"XY n ÃÆ' ¢Ãƒâ€¹Ã¢â‚¬  Ãƒ ¢Ã¢â€š ¬Ã‹Å"X2 ÃÆ' ¢Ãƒâ€¹Ã¢â‚¬  Ãƒ ¢Ã¢â€š ¬Ã‹Å" (X) 2 a = (174) (177080) (26) (1180767) 4(174) (26) a = 30811920 3069942 696 676 a = 111978 20 a = 5598.9 b = n ÃÆ' ¢Ãƒâ€¹Ã¢â‚¬  Ãƒ ¢Ã¢â€š ¬Ã‹Å"XY -ÃÆ' ¢Ãƒâ€¹Ã¢â‚¬  Ãƒ ¢Ã¢â€š ¬Ã‹Å"X ÃÆ' ¢Ãƒâ€¹Ã¢â‚¬  Ãƒ ¢Ã¢â€š ¬Ã‹Å"Y n ÃÆ' ¢Ãƒâ€¹Ã¢â‚¬  Ãƒ ¢Ã¢â€š ¬Ã‹Å"X2 ÃÆ' ¢Ãƒâ€¹Ã¢â‚¬  Ãƒ ¢Ã¢â€š ¬Ã‹Å" (X) 2 b = (4) (1180767) (26) (177080) 4(174) (26) a = 4723068 4604080 696 676 a = 118988 20 a = 5949.4 a = 5598.9 b = 5949.4 Y = a + b X Y = 5598.9 + 5949.4 X Y = 5598.9 + 5949.4 (9) 9 = 59143.5 Y = 5598.9 + 5949.4 (10) 10 = 65092.0 Sales for the year 2009 is expected to increase. Graphical Representation Vision of the future Connecting people is now connecting people to what matters whatever that means for each person giving them the power to make the most of every moment, everywhere, any time. Connecting the we is more powerful than just the individual. Thats how Nokia is needed to help make the world a better place for everyone. Strategy To do this we will become the leading provider of mobile solutions. Our solutions strategy leverages one of our greatest assets a portfolio of outstanding devices, with unmatched scale and geographic reach. We couple them with smart services, integrated via an intuitive and seamless user experience. We differentiate these solutions offerings based on our in-depth consumer understanding, with a strong focus on social location (people and places). In a world where connecting people to what matters, empowers them to make the most of every moment. Our ambition is to become the leading provider of mobile solutions

Transformation in Heart of Darkness and Apocalypse Now Essay

Transformation in Heart of Darkness and Apocalypse Now Since Francis Ford Coppola’s Apocalypse Now was based on Joseph Conrads novel, Heart of Darkness, it is possible to draw many parallels between the two works. Both can be interpreted as metaphors for a journey through the inner self, and each has its own particular message to convey. In many ways they also appear to have similarities to Arthurian Legend, in particular the quest for the holy grail, and other allegorical journey narratives. The sum of the experiences of the protagonists, Marlow in Heart of Darkness and Willard in Apocalypse Now, reveal to them how the horrors and effects of war or conquest, can lead some people to madness, while other persons may discover†¦show more content†¦The initial goals of each protagonist becomes altered during the course of their journeys. From the outset of the novel, Marlow is depicted as being not typical (Conrad p. 9), he is a wandering type of person. It is portrayed as if Marlow does not have a home, and it seems as if h e had a bond [to] the sea (Conrad p.1). This may lead to an interpretation that he attempts to find out more about himself, and discover his inner character. The re-appearing image of the winding river resembles a journey from a wild uncivilized world, towards the light. In Heart of Darkness when Marlow finds out along the way that Kurtz, the manager of the Inner Station is gravely ill, Marlow turns his attention on reaching Kurtz in time to aid in his recovery. In Apocalypse Now, as Willard ventures with his crew through the Nung River, he witnesses atrocities committed against fellow humans. Although his mission at the beginning was clearly stated as an extermination, Willard takes along Kurtzs military dossier and analyzes Kurtzs remarkable military career. Willard develops an interest and apparent admiration for Kurtz. A striking similarity in both works is the fact that the antagonist Kurtz has managed to set up a corrupt enclave in which the natives revere Kurtz as their god-l ike leader. There are manyShow MoreRelated Apocalypse Now vs Heart of Darkness Essay1120 Words   |  5 Pages Francis Ford Coppola’s Apocalypse Now lacks the impact of its inspiration, Joseph Conrad’s Heart of Darkness. While the basic elements of imperialism and human nature remain intact, the characters of the film bare little resemblance to their literary counterparts. The film serves as a re-interpretation of Conrad’s novella, updated from 19th-century British imperialism in the Congo to a critique of 20th-century U.S. imperialism in Southeast Asia. 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The Robin Hood Tax †Summary Free Essays

Business Tax: Reading Week Notes The Robin Hood Tax * The idea behind the RHT is to generate hundreds of billions of dollars * That money could be used to kick-start the US economy and get America back on its feet * The RHT = 0. 5% tax on Wall Street transactions * Benefits: * It won’t affect the vast majority of Americans * It’s easy to enforce * It’s tough to evade * It taxes those who are to blame for the global financial crisis, rather than the average American * It will help limit riskless speculation that threatens financial stability The RHT is seen as justified as â€Å"the banks can afford it† * â€Å"It’s not a tax ON the people, it’s a tax FOR the people† * It will be implemented using a Financial Speculation (or Transaction) Tax (FST/FTT) * The FST is a small tax of less than half a percent on trades in derivatives, stocks, bonds and foreign currency * With an FTT, a small percent (between 0. 005% and 0. We will write a custom essay sample on The Robin Hood Tax – Summary or any similar topic only for you Order Now 5%) of the value of the trade is collected in tax revenue The tax will deter the most risky transactions and prevent some of the â€Å"gambling† which helped trigger the financial crisis * Why is the RHT needed? The financial crisis has left a massive hole in the US’s public finances and this needs to be filled. The money raised will generate jobs and strengthen public services * The money can also be used to fund new Green projects to help curb global climate change * Disadvantages The article is incredibly biased so it downplays this point: the tax will affect regular investors as well which could discourage normal people from investing * The tax will affect the value of pension funds, possibly discouraging trading which would see the value of pensions of many normal American’s fall * Banks may just past the cost of this tax onto the consumer * The affected companies may just move their business offshore or start trying to avoid other types of taxes * The tax could alter dealings between US firms and other foreign firms. For example, foreign firms will be less likely to invest in the US markets * Overall that article was disgustingly bias but it does make a good point of taxing those who have the money and those who have put America (and the rest of the world) in the global financial mess its currently in * The RHT is also sometimes incorrectly called the ‘Tobin Tax’. The Tobin Tax is basically the RHT except it focuses solely on taxing financial taxation between countries to reduce rapid foreign investment PAYE System Benefits| | Disadvantages| Simple| | Lack of accuracy| Provides real-time information to the government| | Reliance on Tax codes| Unavoidable| | No P45 form| Reduced the tax forms for employees| | Does not include Benefits in Kind (BIK)| No bad debt| | HMRC mistakes| Carbon Emissions Trading Scheme Benefits| | Disadvantages| Incentives for businesses to become environmentally friendly| | How many permits do you issue? What is the upper limit of pollution? Who decides? Reduces carbon emissions| | Low emission companies will have no incentive to reduce emissions further| Tax revenue for government| | Complicated system| Incentivises businesses to look for more environmentally friendly fuel sources innovation| | Inconsistent system| | | Higher costs for businesses passed onto consumers? | UK VAT System Benefits| Disadvantages| Difficult to avoid| Costly to implement| Simple| Users must be ‘tax savvy’| VAT is transparent| Regressive tax| Price does not increase when VAT is added| VAT is inflationary| Fairness| | Huge tax revenue for government| | VAT may be selectively applied| | Cheap admin costs for HMRC| | More efficient tool for macroeconomic policy than income taxes| | VAT charged on sale VAT charged on sale VAT paid on purchases VAT paid on purchases VAT Due VAT Due Input VAT Input VAT Output VAT Output VAT Exempt| Zero rated – 0%| Reduced rated – 5%| Standard Rated – 20%| Financial services| Cakes| Energy saving materials that are permanently installed (e. . loft insulation)| Too much to list| Insurance| Basic food| Mobility aids for the elderly| | Betting Gambling| First aid| Nicotine patches + gum| | Education| Books| Sanitary protection products| | Burials/cremations| Children’s clothes| Fuels| | | Public transport| Protective equipment e. g. baby car seats| | | Books + Newspapers| | | The supply is taxable Can reclaim ALL input tax paid The supply is taxable Can reclaim ALL inp ut tax paid How to cite The Robin Hood Tax – Summary, Papers

Seperate Peace Search For Peace Essays - Phillips Exeter Academy

Seperate Peace: Search For Peace Searching for peace can be a challenge when every thing around you has something to do with war. Growing up can be difficult as well but through the tough times people become more knowledgeable. In A Separate Peace, by John Knowles, Finny, Gene, and Leper each struggle find peace and escape reality without having to face the truths to their lives. For Leper, Finny, and Gene, it is hard to find tranquility with a war happening around them. For example, Finny couldn't find serenity with himself because of his broken leg and that caused him to devise the idea of the fake war. It was hard for him to be happy because of his disability. Because of this, he felt useless and so he produced this idea so he could be at ease and not be an outcast. In addition, Leper looks for a beaver dam instead of working to be carefree and escape the war, we all volunteered?But not Leper.? He does this because he is afraid that a change in his life may disrupt his quiet state. By escaping through nature, he is avoiding the truths to his life. Furthermore, Gene fins a challenge in being placid because of his situation with Finny. He is unsure of his own opinion because he is used to agreeing with Finny, that he never developed his own thoughts and ideas. It's not until Finny's death that he finds his peace. With all these things happening around them t hey struggle to be mellow but find a similar relief in the fact that they will always have their own separate peace at Devon. Through all these events, all the characters suffer their own hardships. For example, Gene loses the friend he never knew he had. He was so busy competing with Finny that he never realized what a true friend he was. All his jealousy towards him turned to hate and eventually ended in tragedy. In addition, Leper suffers by discovering things about himself that he never realized. He learns that he is tired of pleasing other people all the time, ?What's she got to be pleased about?I'm pleasing myself!?(134). All he wants is someone who cares for him and that's what he's hoping to get when Gene comes to visit him. Furthermore, Finny endures the pain of realizing that he was misled by the one he cared about the most. For Gene the friendship was a bitter rivalry but for Finny, it was the best thing that ever happened to him. They each suffer through all this, but Finny suffers the most by being forced to face the truth about his accident. All this shows how they each tolerate pain through m aturity, and learn more about life. As each of the characters grow up, they become more knowledgeable. For example, Leper truly finds himself when he comes home from war. This ?crazy? Leper is who he really is. He was never sure of himself because he was always too busy escaping reality. In addition, Finny becomes more knowledgeable after he finds the truth about his accident. He was resentful towards Gene for doing such a thing; ?You want to break something else in me! Is that why you're here!? (76). His friendship with Gene was part of what kept him composed and the truth shattered his false representation of reality. Furthermore, when the truth about Finny's accident comes out, Gene world is shattered, and he sees everything around him the way it really is. This view gives him a better understanding of life. He learns that you can't just escape reality because it will always be there. Through all these events these characters become more knowledgeable by learning more about themselves and the world around them. Throughout the story, each character finds that growing up is a complex and hazardous task. In the search for peace, they lose a sense of reality but gain maturity. They also lose a sense of security that gave them the common bond they shared at Devon.