Financial Statements Industry Comparison - 1557 Words

Financial Statements: Industry Comparison University of Phoenix BSA 500: Business Systems I Instructor: May 28, 2007 Financial Statements: Industry Comparison More often managers are exposed to financial data and the need exists to develop knowledge and understanding of financial accounting concepts and principals. Nearly all companies prepare financial statements of some type and the complexity of those statements will vary. The analysis and interpretations of financial statements is made easier by the preparation of financial reports that can be produced daily, monthly, quarterly, and yearly. The following paper is intended to be a comparative financial analysis of four publicly traded companies within the same†¦show more content†¦The interest coverage ratio for this company indicates there relatively solvent and will be able to generate future revenues and meet long-term obligations. Gross margin is a good measure of a company s efficiency in producing and distributing its products (1999). The three year measurements indicate that the need to investigate their efficiency in production or distribution as the numbers have decre ased since 2004. The operating margin ratio measures the quality of a company s operations (1999). The three year span of measurement indicates a decreased operating margin and they may be losing out to their competitors. The next analysis is a company in the same industry as Huffman Trucking and the company chosen was Landstar System Incorporated, Table 4. Using the same balance sheet ratios the current ratio shows that there was some fluctuation in the current assets and their current liabilities however this shows a slight overall increase. No acid test ratio was available due to no inventory shown on the balance sheet. The working capital also fluctuated during this time frame but still represents an overall increase from 2004. The leverage over the span indicates that in 2005 they accumulated long-term debt but in 2006 they had an increase of equity or paid down the debt. The income statement inShow MoreRelatedRatio Analysis : Analysis And Interpretation Of Financial Statements1490 Words   |  6 Pagesbased on line items in financial statements like the balance sheet, profit and loss account, and a budgetary control organization. Ratio analysis is a technique of analysis and interpretation of financial statements. It helps in evaluating the financial position and performance of the firm, ratio analysis also allows firms to compare their operational or financial performance to another firm or the industry standard. This essay will firstly discuss the purpose of financial ratios, its users and howRead MoreAcc 230 Final Starbucks Financial Analysis Paper1141 Words   |  5 PagesStarbucks Financial Analysis Author Axia College of University of Phoenix Starbucks Financial Analysis Starbucks Coffee originated in 1971 as a coffee and tea cafà © opening in a small neighborhood of Seattle, Washington (Starbucks Corporation, 2010). Starbucks continued its service for Seattle residents for a decade when the new director of retail operations and marketing, Howard Shultz, decided to make some beneficial changes to the company. After two years of employment Howard Shultz decidedRead MoreUsefulness And Limitations Of Financial Ratios1510 Words   |  7 PagesUsefulness and limitations of financial ratios in evaluating the performance and management of companies Ratio analysis is used to describe the important relationship that lies between figures based on line items in financial statements like the balance sheet, profit and loss account, and a budgetary control organization. Ratio analysis is a technique of analysis and interpretation of financial statements. It helps in evaluating the financial position and performance of the firm, ratio analysisRead MoreFinancial Performance Analysis1727 Words   |  7 PagesLITERATURE Financial statement analysis is the process of examining relationships among financial statement elements and making comparisons with relevant information. It is a tool in decision-making processes related to stocks, bonds, and other financial instruments. 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Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis Phone: +44 20 8123 2220 Fax: +44 207 900 3970 office@marketpublishers.com https://marketpublishers.com Phone: +44 20 8123 2220 https://marketpublishers.com Michael Hill International Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis Date: Pages: Price: ID: May 1, 2016 76 US$ 499.00 M987B2B5E8ABEN MichaelRead MoreRatio Analysis Paper1127 Words   |  5 Pagesbalance sheet and income statement. Financial ratios are important and helpful gauges of how an organization is functioning. An organization’s financial health, potential revenue, and even possible bankruptcy can be garnered from financial ratios. Information derived from financial statements is used to calculate most ratios and make projections. â€Å"Ratios help investors and lenders determine the risk associated with lending or investing funds in an organization† (GE Financial Healthcare Services,Read MoreFinancial Ratio Analysis in a Company859 Words   |  3 PagesOlowe (1997), Financial Ratio Analysis is the relationship between the performance of a company and the monetary data in the financial statements to assist the economic conditions. Financial ratio was defined by Robert (1994) as two financial variables being used that have been taken from either the income statement or from the balance sh eet. Ratio analysis is a tool that is brought in by individuals to perform an evaluative analysis of information in the company’s financial statements. It is an importantRead MoreInternal Financial Statements For Business Performance And Support The Decision Making Process1016 Words   |  5 Pagescomplex. Internal financial statements provide business leaders a method to evaluate business performance and support the decision-making process. The income statement, balance sheet, and statement of cash flows are important financial statements used by a firm’s managers, owners, and lenders. Ratio Analysis provides a method to analyze these statements. Income Statement The income statement is an important tool for tracking cash flow in and out of an organization. The income statement tracks revenueRead MoreXero Limited Swot Analysis Bac1483 Words   |  6 PagesXero Limited. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis Phone: +44 20 8123 2220 Fax: +44 207 900 3970 office@marketpublishers.com https://marketpublishers.com Phone: +44 20 8123 2220 https://marketpublishers.com Xero Limited. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis Date: Pages: Price: ID: August 1, 2015 50 US$ 499.00 X2531BAD6F0BEN Xero Limited. Fundamental Company Report provides a complete overview

The Effects Of Deforestation On The Earth - 756 Words

Hello- Today, I would like to ask my audience to make a change to help the earth. Please, stop deforestation. Attention- Did you know that in approximately one-hundred years forests will be a thing of the past? Due to deforestation, it is estimated that forests will be extinct by 2116. Deforestation is when large amounts of trees, such as forests, are cut down or removed. This practice has a negative effect on the Earth overall. It has, for example, a negative impact on the land because deforestation harms the soil. In effect, it may be difficult to grow trees where deforestation has occurred. Trees are a very important component of the Earth because they affect the Earth s climate. The clearing of forests does not allow trees to serve their natural purpose. Deforestation releases toxic chemicals, such as methane and carbon dioxide, into our atmosphere. Trees, by nature, absorb greenhouse gases, such as carbon dioxide, and produce oxygen. In other words, trees stabilize the climate. Greenhouse gases, as many know, are huge contributors to global warming. The more we emit greenhouse gases, t he more these gases accumulate in the Earth’s atmosphere. These gases are deteriorating our atmosphere, and, as a result, the global temperature is rising. Deforestation also causes a disturbance in the ecosystem, because millions of species lose their homes in the process. Consequently, if deforestation continues, this may lead to the extinction of certain animals.Show MoreRelatedDeforestation of Our Rainforests931 Words   |  4 PagesThe most destructive and harmful tragedy that our rainforests, specifically the Amazon, suffer from is deforestation. Deforestation is the clearing or destruction of land throughout forests. Unfortunately, human beings are the number one cause of deforestation throughout the world. The reason if this is simply because we use the wood mainly for things like hydroelectric dams that power communities, palm oil for its biofuel resourcefulness, and the mining for diamond and gold. Another reason wouldRead MoreDeforestation: A Major Reason for Glob al Warming753 Words   |  3 Pages Topic: Climate Change Research question: How is deforestation a major reason for global warming? Deforestation is cutting down of trees for some purpose (furniture). It is very harmful for everybody as it causes landslides, earthquakes and many more problems†¦Ã¢â‚¬ ¦.Deforestation is a major cause as it also causes the main problem global warming. Global warming is an increase in average temperature of earth’s atmosphere. Deforestation also helps the greenhouse gas to spread (increase).Greenhouse gasRead More Deforestation and the Elimination of Natural Habitats Essay1741 Words   |  7 Pagesand loss of the natural habitats and forests that prevent these catastrophes. Anti-deforestation activists struggle for the protection of animals? natural habitats and forests, arguing that their loss is irreparable and the Earth will become unable to sustain a sufficient balance. In turn, this endangers the human race. In defense of deforestation, logging companies and other companies that profit from deforestation argue that they replant that which is lost at a rate faster than they are cuttingRead MoreAdvancement in Technology Increased the Use of Fossil Fuel631 Words   |  3 PagesThroughout its existence, Earth has always satisfied the needs of living things. As time advanced, so did technology; which increased the use of fossil fuels, mechanics, and more of the Earth’s natural resources. Humans have left their mark in several ways such as, pollution, overpopulation, and deforestation. Though human efforts have been made to improve our ways of abuse to the earth, none could entirely secure the damage made. Pollution is, and has always been, a major issue in the world. ItRead MoreImpact of Deforestation on the Earth Essay1375 Words   |  6 PagesDeforestation is the elimination of existing trees from the earth; attributable factors include urbanization, logging, ranching, and farming and to some extent land speculation. Land speculation can be included as cleared land is more valuable than forested land. Deforestation, done in the name of progress, and the long-term, devastating effects of it, is killing our planet. To understand the effects of deforestation one must understand the reasoning behind the decision to clear forestlands. OnlyRead MoreEssay on The Effects of Deforestation of the Amazon Rainforest1093 Words   |  5 Pagesof the earth is approximately thirty percent (â€Å"Deforestation†). That is about nine percent of the world’s total surface. The largest rainforest is the Amazon River Basin, located in South America. The Amazon is home to many species of animals, insects, plants and trees. Many of the trees and plants in the Amazon produce about twenty percent of the oxygen on earth, and absorb carbon. However, the Amazon is decreasing in size every day due to the ongoing deforestation of the land. Deforestation is whenRead MoreDeforestation Is A Global Issue1630 Words   |  7 PagesIntroduction Deforestation in the Amazon rainforest is the cutting or burning down trees. Two main reasons the Amazon rainforest is being cleared is for raising cattle and growing crops (Figure 1). This is because the production of beef and soy has increased.1 The Amazon rainforest is located in countries throughout South America. The area this report will look at is Brazil, which is the largest country in the region. The majority of deforestation in the Amazon takes place in Brazil.2 There areRead MoreExplain Why Is Anthropogenic Activities Surrounding Deforestation The Primary Drive Of Global Climate Change839 Words   |  4 Pagesfrom several different perspectives. There is evidence to support both opinions on this topic it is created by natural or humans activates. So, is anthropogenic activities surrounding deforestation the primary drive of global climate change? Carbon cycle Carbon is an important part of all living things on earth. The carbon cycle is a way for nature to recycle and store this important element. The carbon cycle works when humans breathe in the oxygen and breathe out carbon called CO2. Plants workRead MoreDisadvantages Of Deforestation1355 Words   |  6 PagesTrees are one of the many natural beauties growing from the Earth all around us. They do so much for us, other providing shade from the sun, of course. However, humanity has begun a new age of society, and deforestation plays a big, bad, role in it. Jim Robbins, veteran journalist at Yale School of Forestry and Environmental Studies, emphasizes the following â€Å"Wiping forests high in biodiversity off the land for monoculture plantations causes numerous environmental problems, from the destruction ofRead MoreEffects Of Deforestation On The Environment1389 Words   |  6 PagesDeforestation is one of the many problems this world faces today. Many people are unaware of how harm ful deforestation can be towards the environment and the animals that inhabit the area. Many people don’t even know what deforestation is and that it’s actually happening. To sum it all up, deforestation is the process of destroying forests by cutting them down or burning the trees down, destroying hundreds of acres in order to make more land available for other uses thinking that the benefits outweigh

Employee and Labor Relations Public Sector

Question: 1. The National Labor Relations Board consists of five members, who serve staggered terms and who are appointed by the president of the United States. How do you think the presidents political outlook plays into who is appointed to sit on the board? 2. How might this impact the decisions made by the board from presidential term to term. Answer: 1. The National Labor Relations Board is responsible for enforcing the protections which is fundamental to the growing economy and aims to create jobs for middle class. The Presidents choses his preferred nominees so that they promote better wages and conditions for the workers of America. The political outlook of president to select the candidates is that the President want cooperation to advances the priorities of the middle class (Jackson, 2013). If the nominees selected by the President are chosen the US Senate, then NLRB would continue with a liberal; union friendly majority. Some believes that in certain areas of NLRB law and policy,the ideology of board member can serve as predictive signal of the choice of that member. Hence, it can be predicted that members who represented management before appointment to board, would vote in favour of management interest and according to the managements concern. The voting for legal rules and policies would favour organized labor can be ant icipated as expected from the NLRB. Moreover, it is also opposed in the sense that, the decisions of are not influenced by political ideology NLRB (KearneyMareschal, 2014). The notion of the politicized NLRB has been questioned and in study it is found that there is no significant relationship between political composition of board and incidence of inherent determinations. The President feels to fill the board with members with philosophy of labour, in order to keep the views of the political party in power. the Democratic appointees are more likely to vote in favour of labour. 2. The public pensions are underfunded because, the state government politicians want to use that money for something that has immediate return. The main reason behind this situation is that conflict between state politicians and government employee union.By restoring the underfunded workers pension programs, it is important to undertake moderate and common-sense step, instead of drastic change (McnicholLav 2011). The state should make some legislative changes. It can increase plan contributions and increase the contribution of employees. It is expected that if state and localities boost their pension contribution by 5% of the budget average, then major progress can be made in order to restore pension plans. It is expected that investment returns will save the politicians from their irresponsibility and employees from the poverty. The union leaders agreed to risky strategy and feel safe under state laws that protect public employee pension from future cuts(Dorfman, 2014). If there is no remedy to come out from the underfund situation, then it can be said that there will be poor returns of investment; longer lives in retirement. The courts will force the states to pay up sufficient later to keep promises. The gambling of politician and union leader would push the cost off to the future generation, which is not ethically acceptable. It is better to adjust the pension plan according to the economic reality rather than political agendas. References Dorfman, J. (2014).Forbes Welcome.Forbes.com. Retrieved 22 August 2016, from https://www.forbes.com/sites/jeffreydorfman/2014/09/11/public-pensions-are-still-marching-to-their-death/#1a36945f6d1c Jackson, D. (2013).Obama makes new NLRB nominations.USA TODAY. Retrieved 22 August 2016, from https://www.usatoday.com/story/news/politics/2013/07/16/obama-nlrb-nominees-senate-nuclear-option/2522819/ Kearney, R. C., Mareschal, P. M. (2014). Labor relations in the public sector. crc Press. Mcnichol, E. Lav, I. (2011).A Common-Sense Strategy for Fixing State Pension Problems in Tough Economic Times | Center on Budget and Policy Priorities.Cbpp.org. Retrieved 22 August 2016, from https://www.cbpp.org/research/a-common-sense-strategy-for-fixing-state-pension-problems-in-tough-economic-times