Analysis of Financial Statement Essay Example | Topics and Well Written Essays - 1000 words

Analysis of Financial Statement - Essay Example The cost of sales/sales ratio have increased from 0.48 to 0.55, which shows that company's cost of sales have increased which resulted in gross profit to decline and as a result net profit also declined. Similarly, Research and Development/sales ratio also increased for 0.10 to 0.11 which resulted in increase in expenses and declined profits which ultimately caused net profit margin to fall. Below is the computation table for net profit margin: Based on the above figure, we can see a declining net profit margin trend for the company. Threatened by this we would like to advice the company to diversify their product range so that the effect of decline in net profit is minimized. In other words the declining trend in one industry will be offset by a booming trend in another industry. We from experience can suggest that return on shareholder's equity can be an effective in assessing the return on your investment. Return on equity actually tells you how much profit your investment is yielding. From the year 2000 to 2001 there has been a downward trend for the company. This is because the profits between these two year decline whereas investment or shareholder equity in the business decreased. The major reason why shareholder equity has seen a trend is because of decline in profits. These profits declined because expenses increase. Both Research and Development and Cost of Sales increase causing the profits to decline and shareholders equity to fall. Here is our computation for Return on Shareholder's equity. (Investopedia, 20 June) Return on Shareholder Equity= Net Income/ Shareholder Equity For the year 2000 = 1854/7309 = 0.253 or 25.3% For the year 2001 = 927/10586 = 0.087 or 8.7 % The reason behind change in this ratio is changes in prices of the stock and change in price net income per share ratio. This ratio is suggesting that investors are expecting higher profits and growth in earning per share ratio. This has resulted in market demand for stock to rise and prices of stock to inflate and thus resulting in higher P/E ratio. 2) P/E Ratio = Stock Price/Earning per share Diluted 1998= (111/4)/0.24 = 115.625 1999 = (163/4)/0.31 = 131.45 2000 = (281/2)/0.55 = 255.45 2001 = (91/2)/0.27 = 168.51 There was first drastic increase in Price to Book Value Ratio in 2000. This can be due to because the investors value your company highly and despite having low book value they are willing to pay high price for your shares. This is a good sign and show that company has good name in the market and investors value your company highly. However, in 2001, this ratio declined. This shows that company is no more the investor's heaven or investors have shifted away from investing in your company. This can be due to the fact that investors think that your company will be profitable and demand for the share of company decline and your share market value fell, so as this ratio as investors are turning away from investing in your company which is a bad sign. (Frank Wood) Ratio of price to

The purpose of this assignment is to broaden awareness of the cardiac

The purpose of this is to broaden awareness of the cardiac client, and to evaluate the relevance of the article to nursing practice - Assignment Example The benefits of nursing support have been documented by various studies, and it has been found that such nurse led educational and support programs lead to improved understanding of the disease and a greater awareness of lifestyle changes that can lead to faster recovery, and reduce the risks of recurrence. In recent times health professionals have been focusing on ways of rehabilitating patients with cardiac ailments, in order to help them return to a normal life at the earliest. Studies have shown that this is possible when patients understand their condition; its causes and the lifestyle changes that will enable them regain their health and prevent such events in future. Kadda states that â€Å"The significant role of integrating education in a rehabilitation programme has been widely acknowledged by all health professionals†. (Kadda, 2012, pg 635) The article gives new insights into the mental stresses under which cardiac clients labor and health professionals could use these insights into the management of cardiac patients. Many health professionals are unaware of the psychological stress under which a patient labors, because they consider it a normal reaction to the stress of acute myocardial infarction. The fear in the patient’s mind and that of close family members is not taken into account; hence the problem persists despite medication. The dispelling of this fear and the reassurance that the patient can look forward to going back to a normal life; if certain precautions are taken and certain lifestyle changes are brought about, can go a long way in a faster recovery and prevention of recurrence. The article emphasizes the importance of educating patients and their families. Although this is essential, it has not received due recognition among the medical fraternity. This is due to a lack of trained personnel to impart this education, or lack of time on the part of health professionals or even patients; and

War vietnam-Iraq Essay Example | Topics and Well Written Essays - 750 words

War vietnam-Iraq - Essay Example These two conflicts while located in different regions of the world have a lot in common as well as a lot different. For the Vietnamese however the conflict had been continuous since 1945 when the Viet Minh began a campaign against French troops based in Haiphong. It was not until the Viet Minh attacked Dien Bien Phu and decimated the French forces that the United States started to send political convoys over.1 In 1961 President John F. Kennedy orders support for the South Vietnamese and begins to send military advisors and support personnel. The first official combat mission conducted by the United States against the Vietcong was 12 January 1962 where United States Helicopters were used to fly South Vietnamese to Saigon in an attack. This also marked the beginning of a ten year conflict that resulted in more than 3 million American serving in the war, 58,000 American dead, and over 2000 missing in action.2 The war while officially over in March of 1973, actively carried on until 30 April 1975 and for many veterans is still raging internally. Similar Iraq has been in conflict both internally and with external powers since 1920 and the fall of the Ottoman Empire. The United States did not become directly involved until Iraq invaded Kuwait in 1990. On 9 August 1990 United States troops land in Saudi Arabia and in January 1991 the Persian Gulf conflict began. Between 1991 and 2002 when the United States launched their next full campaign against Iraq, the United States attempted to peacefully end the hostilities but the President Saddam Hussein continues to disobey the regulations and puts Iraq on President Bush’s axis of evil list. On 11 October 2002 the United States congress authorized an attack on Iraq. That next spring on 19 March 2003 President Bush declares war. While as of December 2011 the United States is not actively engaged at war in Iraq, there are still military and political advisors to aid the Iraqi military and government. To date more than 4,400 soldiers have been killed. The Vietnam conflict enlisted those soldiers straight out of high school who thought that their government was right and the war was just.3 It was not until the soldiers hit ground that they realized that corruption, lies, and manipulation were more important than the mission. The mission was to liberate the South Vietnamese against the communist North. The truth was that women, children, and other civilians were being killed in the process. This was the first war that a large number of civilians were killed on a daily basis. Rather the reasons were greed, hatred, or accident, soldiers started to realize that this was not their father’s war. The media while censored was still able to get many of these images back to the United States were the civilian attitude of the war changed. The Iraqi conflict was similar in that many people believed both military and civilian that this was a righteous conflict. Protecting an ethnic group of people from a warlord seemed worthy. As the conflict continued, especially with George W. Bush as President it became clear that this war was not just about cleaning out a bad government but there also ulterior motives. Gas, national resources, and money were all involved in this seemingly straight forward conflict. Soldiers coming home from this conflict are having the same

Curriculum Foundations and Theory, Design, Development, and Essay

Curriculum Foundations and Theory, Design, Development, and Implementation - Essay Example tween instruction and curriculum is important in the design of any curriculum (Mooney & Mausbach, 2008).This paper will analyze the process of curriculum development and various educational philosophies that associate with it. The paper will also highlight the educational philosophy in the school that makes it stand out from the rest. Curriculum development and design borrows the analogy behind building strong buildings. A house will stand the tests of time only if the foundation thereof is strong. Similarly, improved school performance will occur when there is a proper ground on education and curriculum. There are two main approaches to curriculum development. The first method involves coming up with a sound and clear standards that merge with appropriate school assessments. Lack of well-defined curriculum impedes schools performance and results to a curriculum chaos. Next is the training of professional school personnel. Teachers need to undergo training that will enable them to meet periodically and review the curriculum and assessments (Mooney & Mausbach, 2008). Teachers have a high responsibility in continuous revision of curriculum that majors on instructions. Due attention must be placed on the â€Å"what† and â€Å"how† of the curriculum. Learn then Do is one important fundamental concept to curriculum development. Highly qualified professionals should oversee the development process of the curriculum. Proper strategies need to be in place to allow smooth curriculum development between the various stakeholders in curriculum development (Mooney & Mausbach, 2008). The love of wisdom is philosophy. Philosophy is instrumental in that it helps teachers to focus and reflect on the major educational concepts. The study of philosophy triggers questions such as what is to be educated, what knowledge is and the nature of learning to take place. Philosophical education deals with beliefs about what, why and how you teach and the mode of training. It acts as a

Workers in the African countries Essay Example | Topics and Well Written Essays - 1500 words

Workers in the African countries - Essay Example Growth performance of African countries of 1970s and 1990s had been unimpressive. The empirical literature is still inconclusive. Importance of measuring the output per worker growth that is connected with per worker physical and human capital lies in assessing political changes, technology improvement and social upheavals. It also shows at times, that even in countries with higher economic growth, trends could be reversing. Main factor that affects all levels of economy is the targeted level of development. Financial liberalization is supposed to stimulate higher savings rate and higher interest rates on those savings, leading to higher capital growth. The level of real income plays the most important part in savings, especially in poor countries. Naturally as income increases, savings rate too increases, with comfortable spending power. Empirical research done in the field shows that for sub-Saharan Africa to achieve 5.3 per cent GDP growth, to reach the point where savings rate could be comfortable, it would require 18 years. Though a lot is done in this field, further empirical research has to be done on priority basis. Current research stops after showing that African savings and interest rates are linked with low-income rate and very few government policies exist to encourage savings. In the last two decades, Nigeria, Rwanda, Kenya and Sudan suffered capital flight of 60%, while other African countries suffered a lesser 40%. Many African top officials were presumed to have huge foreign currency accounts in other continents and chances are remote of its being reinvested in Africa. "A difficult question is what African governments can do to obtain the repatriation of those funds, and how the countries in which the accounts are held can be persuaded to be of assistance." http://www.uneca.org/eca_resources/Publications/ESPD/economic_report_1999.htm Foreign direct investment flow to Africa is not stupendous and to create higher savings rate this has to be increased. Migration of skilled labour out of Africa had been another deterrent. Migration is motivated usually because of low investment in transport, infrastructure, energy and communication. Africa has to expand its investment, growth and productivity to stimulate savings rate. African countries are politically and socially unstable and this does not create an atmosphere conducive to attract investments. But it is heartening to note that from 1994 to 1998, Africa showed positive GDP growth in spite of unfavourable global conditions. "To test whether or not Africa has built a critical mass of momentum towards sustained, poverty-reducing growth requires the use of multiple evaluation criteria. Unfortunately, comprehensive, Africa-specific composite indices needed for this purpose are not available," http://www.uneca.org/eca_resources/Publications/ESPD/economic_report_1999.htm Savings rate usually depends on capabilities, aspirations, functions and peculiar constraints of the region and might be helped with a policy evaluation by the Governments. African Governments, most of the time, are fighting for their own survival and this leaves with insufficient elbow space for economic measures. This failure leads to non-accumulation of future growth, and hence, future welfare. This might result in lack of education, unemployment and low worker output. People's choices get highly curtailed with very few future opportunities, leaving generations to come in

A research analysis on American Impressionists painter Mary Cassatt's Paper

A analysis on American Impressionists painter Mary Cassatt's life, work, technique and media style - Research Paper Example The purpose of this paper is to explore four pieces of Cassatt’s work in detail to fully understand the techniques and media styles used within these paintings. To explore further meaning from Cassatt’s work, a brief overview of her life and the culture in which she was producing art will be given. This exploration will add contextual depth to the analysis of Cassatt’s work, as an artist cannot be separated from their environment when exploring their work. Life of Mary Cassatt Mary Cassatt was born in what is now Pittsburg in 1844 into a wealthy family (McKown 89). Her father was a stockbroker and her mother also came from a banking family, meaning that the family did not have economic problems and allowed Cassatt to explore artistic options that may not have been open to many at the time. As a result of her mother’s wealth, Cassatt had a strong and well-educated female role model in her life, again allowing her to develop free from many of the constraints on women during the 19th century (Streissguth 5). Although living in the United States officially, Cassatt’s family believed that travel was extremely important and thus Cassatt had exposure to many of the European capital cities (such as Rome, Paris and Berlin) during her early life (Streissguth 8), which may have shaped a lot of her work. It was in Paris that Cassatt became exposed to many of the Old Masters, and became familiar with the works of Degas and Pissarro, both of whom would later play important roles in her artistic development (Streissguth 9). Later in life, Cassatt attended the Pennsylvania Academy of the Fine Arts, determined to make art into a career (Frank 86). Although her family was slightly disapproving and most of the women at the time did not pursue careers, Cassatt studied here from 1861 to 1865 (Frank 86). After this period of study, Cassatt moved to Paris (with female chaperones). Although not allowed to study art officially (as a woman), Cassatt di d have access to some of the masters who lived and taught in the city and was allowed to be privately educated in this sense (McKown 91). In 1868 the piece â€Å"A Mandolin Player† was accepted for display by the Paris Salon, an extremely important honor for artists at the time (McKown 5). However, the French art scene was radically changing and much of Cassatt’s work was still painted in a traditional style, leaving this early honor not much replicated (McKown 5). She moved back to America, again not having much success with her artwork until attracting the attention of the Archbishop of Pittsburgh, who commissioned paintings from Italy and thus sending Cassatt back to Europe (Frank 86). It was after this return to Europe that Cassatt really began to enjoy some financial success from her paintings. In the first seven years of this return, Cassatt always had a piece of artwork for display at the Paris Salon, a great mark of success (Frank 86). She also began to travel to Spain, finding that many of the female artists who were on display in the art world were often so only because of their connections and flirtations (Streissguth 32). After her successful seven years, she had entries rejected from the Salon but was invited to learn about Impressionism by Degas, who

Significance of John Brown and Harpers Ferry Essay Example for Free

Significance of John Brown and Harpers Ferry Essay Since the Battle of Fort Sumpter, three months later, the first major battle during the civil war began on July 21, 1861 which was called The First Battle of Bull Run in Manassas. During this major battle, General Irvin McDowell commanded the large Union army while General Pierre G.T. Beauregard commanded the Confederate army. The Union perceived that they would make a quick and swift victory with very little loss, but it was the opposite. At the time both sides had inexperienced soldiers. When this war was happening the hundred of Manassas citizens left their homes to watch the battle unfold. Cannons and muskets would be fired all over and some misfires would end up at the civilians homes. At the start the Union was able a push the Confederates back to Henry Hill, but they would have their comeback. Beauregard make a strong defensive line controlled by General Thomas J. Jackson. Jackson held his ground successfully and gained the name Stonewall Jackson. The Confederates were able to capture Union artillery and chose to counterattack the Union soldiers. But it quickly lashed back at them when Union forces on the hill came down and broke the Confederates line of defense, forcing his complete retreat of the Bull Run. Thus this was a victory for the Union. The result of the battle left bodys riddled in the battlefield. Thousands of wasted soldiers died in that battle and was the largest and bloodiest battle during the Civil War. Other than scaring the scaring the citizens who were watching the entire battle the government was also shocked at the outcomes of this battle. Both sides came to the belief that this Civil War was going to become longer and more deadly as it goes on. From looking back at the battle one can see that it was not going to end quickly or any time soon. It became clear that it would last longer than people thought and that there was going to be more struggle. It also brought to people a clear image of what war was like. Thought the Union gained heavy losses, soldiers all across the Union gained moral for this victory and that they won. This war has also brought to the Generals attention that most of their soldiers are inexperienced and need to be trained and prepared for future battles. Politicians in the North were outraged by the high losses resulting from the battle, which gained in favor for the south and gave them hope that the Confederate army could defeat the Union.