Premium Essay

Selection

In:

Submitted By shobana877
Words 831
Pages 4
The annual reports of An Joo and Southern Steel at 2011 and 2012 have been compared and results were interpreted in terms of liquidity, profitability, solvency and asset management. The annuals reports were compared for the assessment of past performance and current position as well as to determine the future potential and related risk.
1) ASSESSMENT OF PAST PERFORMANCE AND CURRENT POSITION

The financial statements of An Joo and Southern Steel has been analysed to determine the past performance which is an indicator of future performance. This is important in judging management’s past performance but also as a possible indicator of future performance. In addition, an analysis of current position also carried out to identifywhat assets the business owns and what liabilities must be paid. Analysis of current position also shows what the cash position is, how much debt the company has in relation to equity, and what levels of inventories and receivable exist.

2) ASSESSMENT OF FUTURE POTENTIAL AND RELATED RISK

Information about the past and present is useful only to the extent that it bears on decisions about the future. The analysis of financial statements of An Joo and Southern Steel also important for the investor to judge the potential earning ability of these companies because that ability will affect the market price of the company’s stock and the amount of dividends the company will pay. The analysis of financial statements is an important factor to the creditorsto judge the potential debt-paying ability. Hence, the riskiness of an investment or loan from An Joo and Southern Steel depends on how easy it is to predict future profitability or liquidity of these companies.

LIQUIDITY
Liquidity implies an ability to convert assets into cash or to obtain cash. Short-term refers to one year or the normal operating cycle of the

Similar Documents

Free Essay

Selection Paper

...Selection Structure Paper Given the following task: Selection Structure Paper, Use the Part 1: Programming Solution Proposal you developed in Week Two and select one section of the proposal that requires a selection structure. Write a 2- to 3-page paper describing the purpose of that structure and write the pseudocode for that structure. Examine any iteration control structure. If the program you described in Week Two does not lend itself well to the inclusion of a selection structure, create a new example of a selection structure. Create a Visual Logic flowchart that parallels this pseudocode. Test the flowchart to make sure that it executes properly and produces correct results. Submit the paper and the Visual Logic file. Format your paper consistent with APA guidelines. The process of selection is a way for the computer to interact with the user and to be able to understand how to make choices based on the user’s point of view or interest. Selection can be understood by computers by transforming such selections into algebraic equations, and from there into binary code which is the language that the computer understands, once the program is written, it will use a compilator, which acts as the translator between computer language and human language. The process of selection allows the user to choose what to do and then it gives options where to choose from, and it gives results which vary depending on the option selected by the user, when using the process of selection...

Words: 554 - Pages: 3

Free Essay

Hr -Selection

...How can organisations ensure the selection of the right fit candidate with the organisation’s needs and culture? Key Principles of Selection: • Sophisticated selection techniques are widely utilised by organisations (Bratton & Gold, 2012). The selection, regardless of method, must use criteria that are reliable and valid (Group M2, 2014), in order to reduce the cost of the selection process, future costs of introducing and training new staff, and the cost of labour turnover if newly selected staff are not retained (Bratton & Gold, 2012). • Organisations need to consider the reaction of applicants to the selection method since it can diminish the attraction to the organisation, candidates with negative experiences can discourage others, the job acceptance can be impacted due to negative experiences, and selection methods must adhere to regulations relating to discrimination (Bratton & Gold, 2012). This relates to the perception of fair treatment; applicants’ reactions can be measured using a procedural justice scale relating to selection (Bratton & Gold, 2012) • Individual differences of candidates must be measured by organisations otherwise attracting a wide pool of applicants will be of no use to the selector (Bratton & Gold, 2012). Moreover, recognising the differences in people must lead to a prediction of their performance in the workplace (Bratton & Gold, 2012). • CVs and biodata handed in by applicants highlights their experience, skills and achievements. It provides...

Words: 514 - Pages: 3

Free Essay

Gender Selection

...non-medical sex selection and natural selection. Background information on sex selection technologies is provided, as is a description of the process regarding the medical procedure. Arguments for and against gender selection will be explained and compared and conclusions will be drawn. Included will be the pros and cons of gender selection. Finally, the views of people I know as well as my own. Aside from cases in which it is used to prevent an inherited disease more likely to strike one gender than the other, should parents be permitted to use technology that selects the gender of their children? One of the first pieces of information that parents receive about a newborn baby is its gender. The widespread use of ultrasound technology during pregnancy even allows many parents to find out whether their baby is male or female before it is born. In recent years, technology has enabled parents to go one step further. They can now, with a good chance of success, take steps to select the gender of their children. While gender selection is legal in the U.S., it has generated some controversy among the medical advisory groups that tackle questions of bioethics. For instance, although the sperm-separation method is widely endorsed for families that have one or more children of a particular gender and want one of the other, the embryo-implanting method is not universally endorsed for nonmedical purposes. The issue is more controversial in Britain, where nonmedical gender selection has been...

Words: 1806 - Pages: 8

Premium Essay

Artificial Selection

...Artificial selection is a person deliberately chooses a male and a female with the desired traits and keeps them for breeding purposes. Over generations signify changes can occur in the species. Artificial selection is also known selective reading. This is the process of reading only the living organisms with desirable traits. This has been used by humans for thousands of years to preserve traits in pets, crops, and livestock. In hopes to produce offsprings from a certain trait. An example of artificial selection is a dog breeder might say he wants a dog that is all black he would then breed two black dogs. Using the artificial selection, of changes in organisms helped support Darwin's theory of evolution by natural selection. Natural Selection is the environment continually selects the individual best suited to it, the individual that survive gets to reproduce passing on their traits. Pros of natural selection is the variation of traits creating survival skills to fight off predators. However this process does have some flaw due to how long it takes to reproduce. Some examples of natural selection is if you were to move and you don't have a car you will have to adapt to a new system of transportation. Furthermore, artificial and natural selection share similarities as they both need each other to do their jobs. Using the natural selection species are draw to one another making artificial selection even possible. However, they have different traits that make them unique such...

Words: 294 - Pages: 2

Free Essay

Natural Selection

...Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural selection Natural...

Words: 265 - Pages: 2

Free Essay

Natural Selection

...Evolution and Natural Selection The purpose of this lab is to observe how variables in an organism’s environment can show adaptations over different periods of time and given different variables or changes to the environment or that organism. In this experiment it will show that manipulating the size of the island by 10 mm over a course of 100 years will show evidence of the Finches beak to grow or decrease in size because of their environment and their need to survive. The survivors will evolve while the others parish this experiment illustrates natural selection and evolution. Another variable or change to observe will be an increase or decrease in clutch size. Population of offspring over periods of time can largely be viewed effecting evolution and adaptation in this experiment. I believe the outcome of this experiment will depend totally on modification of increase or decrease, meaning whatever is being input and it is increasing size or numbers of the finches it will continue that same pattern increasingly higher than the opposition untouched. However if the input modifications are decreased that will decrease the size and population of finches below that of those on the opposing island. The materials for this experiment include a laptop computer with internet access and accessibility to the Phoenix student website where the evolution lab is located in the materials section. In the first iteration of changes to be input was to the clutch size of the finches...

Words: 854 - Pages: 4

Premium Essay

False Positive and Negative Selection Errors

...Barrick, 2011, p. 212). These errors can negatively affect a company in many ways, and it can even negatively impact its greatest asset, or its brand. False Positive Selection Errors Are Costly to an Organization When applicants are successful in the selection process and then fail on the job, false positive errors have occurred (Gatewood et. Al., 2011, p. 212). According to Keller (2008), of all the attitudes consumers can have towards a brand, their attitudes towards quality as well as customer value and satisfaction are of upmost importance (p. 68). Through false positive errors, a hospital can assemble a team of mediocre surgeons who may fail to consistently perform surgeries successfully. Surgery failures would most likely result in legal costs. However, even worse, they may also result in a decrease in brand quality and credibility in the minds of consumers. Individuals who are not a good fit for a job or company may also experience job dissatisfaction which has been known to negatively affect levels of productivity and organizational citizenship behaviors (Cummings & Worley, 2009, p. 85). In addition, false positive errors have been known to be linked to increased turnover, increased absenteeism, and more work-related accidents (U.S. Office of Personnel Management, n.d.). False Negative Selection Errors Are Costly to an Organization When applicants who would have been successful on the job are rejected, false negative errors have occurred (Gatewood, et al....

Words: 675 - Pages: 3

Free Essay

The Difference Between Natural Selection and Sexual Selection

...The Difference between Natural Selection and Sexual Selection There are debates raging on whether to regard natural selection and sexual selection separately. On one hand is the argument that the two are mutual and in particular, that sexual selection is a part of the natural selection. On the other hand is the contention that the two are exclusive of each other because the manner in with each selection progresses (Andersson & Simmons, 2006); (Kokko, Jennions & Brooks, 2006). For instance, natural selection is not selective in the sense of deliberation. Natural selection is eliminative, where organisms that do not meet the reductive nature of their environments cease existing. The elimination has no ordered sequence because it not definitive which organisms are up for elimination. Additionally, mate choice occurs in both males and females, although females appear to exercise this choice more than males (Rundle, Chenoweth & Blows, 2006). Alternately, sexual selection is deliberative because it involves organisms exercising elements of premeditation and choice, elements absent in natural selection. There are several characteristics that make up an organism that predispose some organisms do perform better compared to others in environments exigent for their existence. However, determining the interaction of these challenges with their environment is not straightforward. To illustrate, showing how mating preferences evolve genetically is challenging and compounded by the fact that...

Words: 991 - Pages: 4

Premium Essay

Sexual Selection In Fish

...Sexual selection in fish inhabiting great lakes Sexual selection plays an important role in the animal kingdom as it can act as a driving force for evolution. Darwin describes sexual selection as depending on “the advantage which certain individuals have over other individuals of the same sex and species solely in respect to reproduction” (Darwin, 1871). This can be interpreted as intraspecific reproductive competition where typically there is a rivalry between males for obtainment of the female. This type of competition can cause drastic changes in behaviour and appearance in males in order to get the attention of the female. The reasons behind female choice have been debated since the days of Darwin but most believe that a female will prefer...

Words: 1059 - Pages: 5

Premium Essay

Employment Law and Selection Testing

...I have selected to write about employment laws and court cases in selection testing and assessment. I chose this topic because I have always found laws surrounding business practices to be very interesting and complex. I find the entire selection and recruiting process to be interesting, as well as the different selection practices among businesses. In addition to personally finding this process interesting, it adds a lot of value to me as a future HR professional, as well as to any future employers. Writing this paper will allow me to learn about the different selection testing and assessment tools used by businesses, as well as the different laws involving selection testing. It will help me understand selection testing and assessments better in case I ever need to lead a project regarding a company’s selection testing and assessments or if I am ever involved in anything related to selection testing. I think it will bring me great knowledge to review cases and court ruling about selection testing. It will also benefit me if I decide to become an entrepreneur and open up my own business. I will have an idea of what I can and cannot do when it comes to employee selection testing or assessments if that is the way I will be selecting candidates due to a business necessity. Overall, I believe that I will benefit the most in writing this paper. It will help me develop an area of knowledge as a future HR professional, and it will also help my endeavors with any future...

Words: 259 - Pages: 2

Premium Essay

Briefer for Process Selection

...BRIEFER: CHAPTER 4: PROCESS SELECTION Process Selection is basically the way goods or services are made or delivered, which influences numerous aspects of an organization, including capacity planning, layout of facilities, equipment and design of work systems. Process selection is primarily used during the planning of new products or services that is subject to technological advances and competition. Process selection is dependent on the company's process strategy, which has two main components: capital intensity and process flexibility. Capital Intensity is simply the combination of equipment and labor that an organization uses to accomplish some objective. Process Flexibility is as its name implies: how well a system can be adjusted to meet changes in processing requirements that are interdependent on variables such as product or service design, volume of production, and technology. Facility Layout is simply the way a facility is arranged in order to maximize processes that are not only efficient but effective towards the overall organizational goal. It is also dependent on process selection. Within those two categories, you will also learn about technology, operations tour, process strategy, designing product layouts, and designing process layouts. The main concept between process selection and facility layout is technology. Technology is a method that is used to improve and develop various services, operation processes, and products. While process selection is used in many organizations...

Words: 307 - Pages: 2

Free Essay

Jury Selection Process

...Jury Selection Process Every American that has registered to vote or has a drivers license can at any time be called to serve on a jury. There are mixed feelings about being called for duty. Some Americans see it as a nuisance that will disrupt their lives. Others see it as an opportunity to serve their country. Being called to serve, and actually serving is two different matters. A jury is ultimately selected by the judge, prosecutor and defending attorney. How they are they picked? How are they released? Maybe this paper will answer a few of these questions. The selection of a jury is the process that occurs right before the actual trial, and after the trial initiation and the arraignment and plea. Only about 10 percent of actual arraignments see an actual trial, because 90 percent of cases that are preparing for trial end up accepting a plea bargain (Schmalleher, 2009). Any one who is accused of a crime and will stand trial is allowed by the Sixth Amendment the right to an impartial jury. For a jury to be impartial, it is not always true that they have no prior knowledge of the case at all. In the case of a highly publicized trial, it can be almost impossible to find 12 people who know nothing about the case at hand or the accused. Some jurors will be excused based on how suitable they are judged to be for the case, and some may be excused because of reasons beyond their control (Schmalleger, 2009). I have been called to serve jury duty one time in my life. At the...

Words: 1205 - Pages: 5

Premium Essay

Natural Selection Theory

...The Theory of Evolution by: Riley Buenaventura The theory of evolution incorporates a logical view that natural life on our planet has changed over time and continues to change by a process known as "natural selection". Charles Darwin, a nineteenth century naturalist, is given credit for this hypothesis, not just because he was the first person to suggest that evolution occurs. Natural selection is where organisms that are most best suited to their habitat or surroundings, survive and pass on their hereditary attributes for future generations. Charles Darwin “It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” Therefore, the fittest survive and multiply. Natural...

Words: 719 - Pages: 3

Premium Essay

Natural Selection Benefits

...Natural selection, a concept conceived by Charles Darwin, is one of the most important ideas about the natural world. It states that environmental variables decide the course of life and its evolutions to produce constituents with the most favorable traits. It is prevalent and intangible; it is trial and error in its most beautiful form. However, natural selection is not just limited to the agrarian world, its patterns can be observed in society too. In the process of natural selection, there is a losing side. Extinct animals and archaic ideas are the victims of natural selection and end up on the losing side of history. This ensures that the most appropriately adapted organisms or ideas prevail. Sudden events and gradual changes shape the...

Words: 315 - Pages: 2

Free Essay

Succession and Natural Selection

...vegetation in an area that contains soil (Wiley, 2000-2012). The Succession animation was about a forest that contained a small creek. The natural flow of this creek was disturbed by a dam built by beavers thus creating a flood in the forest, the death of the current trees and plants and the new growth of trees and plants in later years. That is why it is a secondary succession. Evolution takes place in the process of natural selection. This process is one where necessary and successful characteristics and traits are passed on to future members of the species for survival. All traits and characteristics that are unnecessary cease to exist in future offspring. The hypothesis I’ve formed in regard to the aquatic salamander, who is missing hind limbs and has small forelimbs, is it came from a line of salamanders that migrated to a new area where they no longer needed their hind limbs. It is possible their new home had smaller areas for them to swim through and their limbs were proving to be a hindrance. Through the process of natural selection, the offspring of these salamanders were born with smaller limbs until their hind limbs were no more. This would be an example of their struggle for existence. References: • Wiley, J. (2000-2012). Community Responses to Changing Conditions over Time: Succession. Retrieved from http://edugen.wiley.com/edugen/student/main.uni • Wiley, J. (2000-2012). Population Responses to Changing Conditions over Time: Evolution. Retrieved from...

Words: 295 - Pages: 2