...Ratios I have been asked to illustrate the financial state of a given business by using ratios, to do this I will use accounting ratios to show the financial sate of Scrumptious. One of the ways a business can measure how it is doing is through ratio analysis. Ratios can help Scrumptious to see how it is doing now and how it compares to last year of the year before and against competitors. For these ratios to be useful, they should be compared over time to see if there are any trends and also compared between businesses within the same industry. I will be using the following ratios Solvency Ratios, Profitability Ratios and Efficiency Ratios, to illustrate the financial state of Scrumptious. Solvency Ratios Businesses can use ratios to work out their solvency by using current ratio and acid test ratio. These ratios allow businesses and potential investors to see how well they are able to meet their liabilities. A business is considered to be solvent when it can pay its debts as they become due. In day to day terms, this means it can pay its suppliers by having enough working capital. There are two key ratios that help business determine whether their business is showing a solvent position. Current ratio This ratio shows how many assets a business has compared to liabilities. It shows how easily it would to be paying its creditors to current ratio looks at relationship between current assets and current liabilities. These figures are always shown on the balance...
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...10 marksFinal Submission: 40 marksOutcomes: P7, P8, P10, P11, P17 | Context Coaching staff of high representative sporting teams/individuals will always plan training programs to effectively develop their teams or athletes. They will use various methods and techniques when designing these programs so that athletes can develop their fitness and skills. Task Choose a sport of your choice. This sport will be your focus in completing each section of this task. Part A- Draft and Review 10 Marks To gain 10 marks you need to complete the following * Submit at least 1 draft to a friend for “peer-feedback” * Submit at least 1 draft to the teacher for feedback * Complete Part A Student Reflection and submit sheet on assessment submission * Complete Part B Student Reflection and submit within 24 hours of assessment being returned. Part B- Training Program 20 Marks Design a week long training program using the FITT principles. Ensure your athletes have both anaerobic and aerobic training incorporated, in a ratio relevant for your chosen sport. You should also ensure you train the relevant health and skill related components of fitness. Part C- Report (1-2 pages) 20 Marks Justify your training program by: * Describing the changes to the musculoskeletal and cardiorespiratory systems. * Explaining why these components of fitness are relevant to your sport. * Explaining why you chose this ratio of anaerobic & aerobic training. Part...
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...` Regent CollegeCollette DivisionL3 BTEC National Business2013/14 | | Student Name | Abdullah Kadiri | UNIT: 2 | Business Resources | Unit Credit value | 10 | ABOUT THIS UNIT | The aim of this unit is to develop learner knowledge of the range of human, physical, technological andfinancial resources required in an organisation, and how the management of these resources can impact on business performance. | ASSESSOR(S) | FBE/MHU | ASSIGNMENT REF: | | START DATE: | 2/12/13 | END DATE: | 15/03/14 | Task 1:P1, P2 and M2 | ScenarioYou are a manager at a local business (your selected organisation) and you have been invited to give a series of two careers talks to Year 11 students about recruitment and selection within your organisation.Your presentation should include the following:P1 * A brief introduction to the business; * A summary of the types of employment within the business; * An explanation of the recruitment process with emphasis on the purpose and contents of job descriptions. This should be supported with annotated examples of job descriptions from the selected organisation; * An explanation of the purpose and content of employment contracts. This should be supported with an annotated example of an employment contract from the selected organisation. * For evidence produce written examples P2 * A description of one specific job within the organisation. This could relate to one of the...
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...LII. An Essay towards solving a Problem in the Doctrine of Chances. By the late Rev. Mr. Bayes, communicated by Mr. Price, in a letter to John Canton, M. A. and F. R. S. Dear Sir, Read Dec. 23, 1763. I now send you an essay which I have found among the papers of our deceased friend Mr. Bayes, and which, in my opinion, has great merit, and well deserves to be preserved. Experimental philosophy, you will find, is nearly interested in the subject of it; and on this account there seems to be particular reason for thinking that a communication of it to the Royal Society cannot be improper. He had, you know, the honour of being a member of that illustrious Society, and was much esteemed by many as a very able mathematician. In an introduction which he has writ to this Essay, he says, that his design at first in thinking on the subject of it was, to find out a method by which we might judge concerning the probability that an event has to happen, in given circumstances, upon supposition that we know nothing concerning it but that, under the same circumstances, it has happened a certain number of times, and failed a certain other number of times. He adds, that he soon perceived that it would not be very difficult to do this, provided some rule could be found, according to which we ought to estimate the chance that the probability for the happening of an event perfectly unknown, should lie between any two named degrees of probability, antecedently to any experiments made about it; and that...
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...In the Jet Copies Case Study, we are introduced to three college students: James, Ernie, and Terri. They have discovered that they have a possible solution to two separate problems that they face: the need to make money and the lack of adequate copy services near the university that they attend. The three students decide to open their own copy service but soon discovered that they may have acted too soon in their decision. The first obstacle they had was the initial purchase of equipment. Without doing enough research, they purchased a copier for $18,000 that was obtained as a loan from Terri’s parents. After the purchase, they discovered that the particular brand they purchased had a history of frequently breakdowns. Although the copier manufacturer promised prompt repair service, the machine down time could range from one to four days. In order to hopefully alleviate too much lost revenue for the beginning company, the trio wanted to purchase a backup machine to use during the primary machine breakdowns. The cost of the second machine would be $8,000. Before they approached their parents for another loan, they wanted to determine if it would actually be a profitable move or an unnecessary purchase on a whim. To do this, they set up a simulation to determine how often the main copier could break down within a fifty-two week period. They decided that if the simulation showed that they lost more than $12,000 in revenue with just the one copier they would go ahead with...
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...Knowledge, skill and ability, by themselves, can not guarantee performance. The linking factor is motivation. Performance is a vital link in Expectancy Theory. There are linkage between effort and performance, performance and reward, rewards and value, as perceived by people. Hence performance evaluation or appraisal plays a vital role in “Expectancy Model” of employees’ motivation. Does this word performance means effectiveness, efficiency or productivity of things like less numbers of accidents, less absence or grievances? Effectiveness is the achievement of objectives, efficiency is the ratio of output to input in terms of money or effort. Productivity is again number of items produced. But there are jobs where all these factors are not explicit or quantifiable. For example, a supervisor who is a task- master may get better productivity but the workers are unhappy and non-cooperative. Elsewhere morale and motivation of workers are very high but outputs in terms of numbers are less. Does this mean the second supervisor is less effective than the first? Systemic performance appraisal, has been adopted by various organizations, as a means of helping the supervisors/managers to evaluate the work of their subordinates. This will also assist the workers/juniors to come up in their career through promotion, based on their objective assessment of their performance. It also serve the purpose of knowing the effectiveness of recruitment and selection process as well as training and development...
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...Adelphia Communications Corporation Credit Analysis ______________________________________________________________________________ Overview We have performed a credit analysis on Adelphia Communications Corporation using information provided for the years 1992-1996. We compared Adelphia’s company practices to standard industry practices; evaluated its ability to repay debt; looked at Adelphia’s competitive position in the telecommunication industry; and evaluated its business strategy to grow and remain competitive within the industry. We based our analysis and recommendations on key business risk issues as discussed in the following: a) business risks of the company and the industry; b) possible warning signs of trouble at Adelphia; c) assessment of the company’s financial capability to cover operating and debt obligations; and d) appropriateness of Adelphia’s financial strategy in correlation with the overall industry. Finally, we gave recommendations for Adelphia to consider in the event the company does not obtain the new bank loan. Adelphia and the Industry The industry is highly competitive and capital intensive. Growth is necessary to remain competitive. This requires upgrades of cable systems and expansion of services, such as internet and phone services. By acquiring existing cable networks, companies in the industry are able to forego some of the initial expense associated with expansion. Adelphia’s growth strategy primarily focuses on acquisition rather than...
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...The U.S. subprime mortgage crisis was a set of events and conditions that led to the late-2000s financial crisis, characterized by a rise in subprimemortgage delinquencies and foreclosures, and the resulting decline of securities backed by said mortgages. The percentage of new lower-quality subprime mortgages rose from the historical 8% or lower range to approximately 20% from 2004 to 2006, with much higher ratios in some parts of the U.S.[1][2] A high percentage of these subprime mortgages, over 90% in 2006 for example, were adjustable-rate mortgages.[3] These two changes were part of a broader trend of lowered lending standards and higher-risk mortgage products.[3][4] Further, U.S. households had become increasingly indebted, with the ratio of debt to disposable personal income rising from 77% in 1990 to 127% at the end of 2007, much of this increase mortgage-related.[5] After U.S. house sales prices peaked in mid-2006 and began their steep decline forthwith, refinancing became more difficult. As adjustable-rate mortgages began to reset at higher interest rates (causing higher monthly payments), mortgage delinquencies soared. Securities backed with mortgages, including subprime mortgages, widely held by financial firms, lost most of their value. Global investors also drastically reduced purchases of mortgage-backed debt and other securities as part of a decline in the capacity and willingness of the private financial system to support lending.[1] Concerns about the soundness...
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...CASE STUDY: The first contract will be held between Agro developer and reward seeker and this contract will be a mudarabah contract. In this contract reward seeker will provide capital and agro developer will work as mudarib. This is an unrestricted mudarabah because reward seeker is only interested in reward whether the mudarib can invest the finance in any business. Firstly agro developer and reward seeker sign MOU. [pic] Contents of Mudarabah Contract: • This is unrestricted mudarabah. • This is short term mudarabah and mudarabah will be liquidated at the end. • Profit ratio will be 70% & 30% after excluding all expense (compensation of loss if any) • Mudarib as agro Developer will give access to your A/C • Reward Seeker is providing Rs five (5) lakh • Mudarabah contract is signed at the date of 01-01-2011 Now the Agro developer is doing another contract with the former to utilize the mudarabah capital. Agro developer enter in the salam contract with former at the date of 03-01-2011. Agro developer has verified that the former have 2 jareeb of land and he has no money to caltivate the land wit a potato. The average production of one jareeb is _________ ton and the average price of potato at the time is Rs 10 /kg. The agro developer has to provide a seeds and fertilize. The type of seeds for potato is ronaldo which give better average production. The price of ronaldo is Rs ________ per 50kg and the demand...
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...20% excess air C_8 H_18+15(O_2+3.76N_2 ) □(→┴ ) 8CO_2+56.4N_2+〖9H〗_2 O+10O_2 Molar mass of octane= 114 kg/kmol Converting calorific value of octane to kJ/mol; 43.7 MJ/kg×1000kJ/MJ×114/1000 kg/mol=4981.8 kJ/mol Molar mass of nitro methane= 61 kg/kmol Converting calorific value to kJ/mol; 11.3 MJ/kg×1000kJ/MJ×61/1000 kg/mol=689.3 kJ/mol Determining the molar consumption of octane to produce 100kW power. Assuming ideal efficiency. 100kJ/s×1/4981.8 mol/kJ=0.02007 mol/s For 0.2007 mol/s of octane, we would require 0.301 mol/s of air (20%excess) As volumetric efficiency of the engine remains the same, we assume that the air flow rate is the same in each case. Thus we will use 0.301mol/s of air for the dragster fuel mix. Using the ratio of reactants from the balanced equation, we require 0.013mol/s of (9CH3NO2 + C8H18). The power output with the dragster fuel would therefore be;...
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...Key Issues The ALPES S.A. case deals with Charles River Laboratories (CRL) and their consideration of a joint venture proposal with an animal vaccine company in Mexico. The senior V.P. is preparing to present the proposal of a $2 million investment for the firm. The CEO, Jim Foster, is concerned with the associated risks that CRL would be undertaking if they accept this venture. Key issues of concern are; the partnership with a relatively small, family run business; having operations in Mexico, which could pose difficulties; maintaining CRL’s focus on U.S. expansion; and the proposed partner’s lack of funds to invest, which will leave CRL to bear the entire cost of the venture. Internal Analysis: Business Strategy Diamond 1. Arenas Charles River Laboratories (CRL) is currently the market leader for the commercial supply and production of global laboratory animal models used in the development and testing of new pharmaceuticals, as well as discovery research. The most recent product development is that of SPF eggs, which are used in the development of human vaccines that have not yet been converted over to the newer production technology. 2. Vehicles Charles River Laboratories has two different options at this time for vehicles that will enable them to enter new arenas. These consist of entering into a joint venture, or other type of agreement, with ALPES, or making use of the SPAFAS franchises. Although the initial intention to purchase the existing franchises...
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...1. Consider the same items above in the horizontal analysis for the vertical analysis. A1c. Trend Analysis - The candidate provides a logical evaluation, with sufficient support, of the company’s strengths and weaknesses based on the trend analysis results. Some things to consider are: 1. What is trend analysis? 2. What information does a trend analysis provide, what does trend analysis tell you about Competition Bikes? Think about the company’s past performance and compare it to the forecasted performance. 3. What is the data telling you? Are there any concerns with the trend analysis going forward? A1d. Ratio Analysis - The candidate provides a logical evaluation, with sufficient support, of the company’s strengths and weaknesses based on the ratio analysis results. Some things to consider are: 1. Discuss all ratios, not just a few. 2. How does the current year compare to last year? How does the current year compare to the...
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...Second, management needed to decide whether to invest excess funds in new or existing businesses, or to return them to the companies shareholders by paying higher cash dividends or repurchasing stock. To resolve the first issue, it is recommended that the Marriott corporation calculates several coverage ratios so that it can evaluate it's ability to cover the costs associated with varying levels of debt. There are three coverage ratios, corresponding to the costs associated with increased debt leverage, recommended by Higgins n his book. These ratios are times interest covered, times burden covered, and times common covered. To calculate these ratios EBIT is divided by a specific cost, or sum of costs, to determine how well profits are able to support them. Alternatively, “percentage EBIT can fall” could be calculated with regards to each type of cost, to determine the percentage amount that EBIT could decline from its expected level before the corresponding coverage ratio drops to 1.0. A coverage ratio of 1.0 is critical because any lower coverage indicates that operating income will be insufficient to cover the financial burden under consideration. While each ratio is associated with a specific burden imposed by debt, they all communicate this similar concept. While...
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..."A House Divided" in 17th Century The seventeenth century proved to be a century of change as men and women crossed the Atlantic for various reasons. Some moved to escape bad marriages, some moved from poverty, and others moved from troubling royal policies. Whatever their reasons were, the colonists had one common goal--- to strive for a better life. Sharing this common bond, Americans banded together and fought for independence during the Revolution. As the Revolution ended, Americans felt overjoyed and united. They managed to overlook some of the differences between them that would eventually lead to an intense conflict in the years to come. Social, economical, and political differences between the two regions would eventually become so intense that they would cause one of the bloodiest battles of all time--- the Civil War. Differences began as early as the years of the colonial period. To begin, the Northern and Southern colonies developed vastly different economies. The Chesapeake colonies' most important staple crop became tobacco. Tobacco affected nearly every aspect of their lives. The colonies were able to collect many duties on tobacco. Harvesting tobacco called for a great deal of work. However, the colonists were unprepared for this work. They were lazy and greedy. Whenever possible, planters in Virginia and the Southern colonies purchased able-bodied workers who were capable of getting the job done. In all of the Southern...
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...Gordon Bellamy 07/15/2013 THE BABY BOOM During the Great Depression the marriage rate fell as uncertainty over economic conditions caused people to postpone decisions that would significantly affect their lives. Birthrates also dropped: pessimism shrouded Americans' expectations of a promising future for themselves and their children. After World War II ended, however, prospects seemed considerably brighter. Young Americans returned home from war in 1945 ready to reap the benefits of victory and a prospering economy. Accordingly, there were almost 2.3 million marriages in 1946, an increase of more than six hundred thousand over the previous year. Many of these newlyweds had children within a year: a record 3.8 million babies were born in 1947. This was the first year of the baby boom, which lasted for most of the 1950s. Between 1948 and 1953 more babies were born than had been over the previous thirty years. In 1954 a record birthrate, a low death rate, and an influx of 144,000 immigrants created the largest one-year population gain in U.S. history. (Thomson Gale) In the United States, the term Baby Boomers commonly applied to people with birth years after World War II and before the Vietnam War. A large part of the cause of the Baby Boom was an after effect of World War II where the bombed out cities and fractured economies increased the needs for goods and services in unprecedented...
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