Staples Inventory Ratio Analysis

Staples Inventory Delayed Ratio
The times–interest–earned ratio is used to show a company's ability to meet the current portion of its
debt obligations. Having a negative times–interest–earned ratio is not desirable because it signals
the inability of a company to meet its interest payments. Inability to meet interest payments is an
alarming signal that a company is not doing well, and could even be headed towards default on debt
or even bankruptcy. Staples had a positive times–interest–earned ratio in all five years, even in 2012
when the company had a net loss. This is a good sign in that the company has always been able to
meet its debt obligations even in years where it could not ultimately provide a return to its
shareholders. Staples position is even more favorable ... Show more content on Helpwriting.net ...
Staples ratio is slowly trending upward, while Office Depot's ratio varies widely. What is very
important here is that Office Depot has a significantly better turnover rate in the last two years than
does Staples. This represents a tremendous opportunity for Staples to find more efficient ways to
utilize the facilities that it has to generate better returns, or to close inefficient facilities and cut
down on expenses. Because Staples is in a generally better financial position than is Office Depot, it
could likely replicate their success in this area if proper resources were devoted to the
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The Antithesis Area
The Antithesis Area is affiliated to a point in time, such as the end of a budgetary year, quarter, or
month. It is like a snapshot that shows how things were at that moment. It is an annual of what you
own Assets, what you owe Liabilities and what's larboard over Equity, or Owner's Net Worth. It is
about formatted as you 'll see in the illustration. In this instance the Antithesis Sheet.
One acumen this address is alleged the Balance Sheet is because it accepts to consistently be in
antithesis with Absolute Liabilities & Disinterestedness according to Absolute Assets. The
Antithesis Area blueprint is Assets Bare Liabilities Equals Equity.
The Income Statement, or Accumulation & Loss Report, covers a aeon of time or alternation of time
... Show more content on Helpwriting.net ...
Or to add companies in your industry. One of the problems I generally appointment is an
architecture area Amount of Sales usually includes aggregate but the kitchen sink, as is archetypal
on tax returns.
As apparent in the illustration, Absolute Costs cover alone those costs you can clue anon to
anniversary job you do. They are the items you cover on your ciphering area if you are behest a job.
Indirect Costs are those you can't clue to anniversary job, but you can clue to anniversary
department, annual or artefact band you are producing. Computation of the Gross Allowance and
Addition Allowance are two of a lot of important numbers you charge to actuate for planning,
barometer and managing your business.
One added confounding frequently apparent is the analysis of accomplishment and salaries beneath
an individual annual blue–blooded Activity Expenses. All labor, salaries and commissions should be
recorded and tracked alone by type. Absolute Activity is tracked in the Absolute Amount section,
which may cover some allocation of Managers ' or Owners ' Salaries if, in fact, that person/s works
as "hands on" in the acreage anon on jobs.
Indirect Activity should be tracked and appear in the Aberrant Amount Section. It is usually
mechanic, authoritative and administration as able–bodied as the aberrant hours paid to absolute
activity advisers for time not accountable to the jobs such as boutique

Performance Analysis : Performing Ratio Analysis
In order to analyse how well a business is performing ratio analysis is used by accountants and
many stakeholders. To do ratio analysis, figures from the profit and loss account and balance sheet
are used to determine a business's profitability, solvency, liquidity and efficiency. Account ratios are
formulas used to decide whether to lend money to companies. All banks are different and all ratios
are a judgement made on the quality and likelihood of a return on investment by the bank or other
creditors. Solvency ratios are used to determine how quickly a company can get hold of money, how
quickly assets can become cash in order to pay for something urgent. Profitability is the ability of
Rolls Royce to earn a profit. A profit is what is left of the revenue which a business generates after it
pays all the expenses directly related to the generation of the revenue as producing a product, and
other expenses related to the conduct of the business' activities. There are many different ways for a
business to analyse profitability. The ratios that help with this include profitability ratio, gross
margin, net operating ratio and return on asset ratio. Liquidity is the measure of the extent to which
Rolls Royce has cash avail bale to meet the immediate and short term commitments, or assets which
can be quickly converted to help with this. There are different types of liquidity ratios which include
current ratio and acid test ratio. A business's efficiency is the measure of what is

Lipton Case Review
Executive Summary
Detailed analysis of Lipton's current Economic Profit model has prompted immediate changes to
how profit is recorded on the Product Line level.
Proposed changes to the current Economic Profit include: I. Leave the Working Capital Cost and
CRV Depreciation Adjustment in the profit analysis II. Eliminate the Fixed–Asset Charge and
OI&D III. Only apply New Product Development charges to new products
Goals of these proposed changes: * Ensure product line managers are focused on improving the
value of their product, not just on profit/loss numbers * Allow upper management to analyze
product line performance on a level playing field * Provide divisional management with the
unbiased authority to ... Show more content on Helpwriting.net ...
CRV Depreciation Adjustment
This adjustment accounts for the difference between the "current replacement value" and the
historical depreciation value of assets. The purpose of the CRV adjustment is to assign replacement
value to depreciating assets. As a result, the opportunity cost of these assets is deducted from a
particular product line's profit. The challenge associated with this adjustment will be directly related
to properly allocating a % of fixed assets to a particular product line. We will address the issue
concerning the allocation of fixed assets below (Fixed–Asset Charge). Consequently, this is the
same method used by the corporate financial department. Therefore, by including the CRV
depreciation, corporate managers will be pleased that product line performance measures are
factoring in this opportunity cost. Furthermore, product line managers must be weary of fixed asset
costs because of the CRV depreciation adjustment's negative effect on economic profit.
Fixed–Asset Charge
Fixed Asset charges are difficult to estimate and allocate to a particular product line. Under the old
Economic Profit system, many product lines could post losses due to large fixed cost allocations.
When losses are associated with a product lines, managers naturally panic. Therefore, we believe
that all fixed assets should be evaluated on an Operating Division

An Analysis Of Louise Erdrich 's ' The Red Convertible '
Mailk Sims Often times, an inanimate object can be as important and sometimes more important
than the characters of the story. In Louise Erdrich 's "The Red Convertible," the car played the same
important role as the characters did, but for different reasons. Two brothers, Lyman and Henry, had
very little in common other than their blood. One day they decided to catch a ride to Winnipeg. The
car was introduced while these two were doing some sightseeing in the city. They spotted the red
Oldsmobile convertible. Lyman, the storyteller, almost made the car a living thing when he said,
"There it was, parked, large as life. Really as if it were alive." (461) The brothers used all of the
money they had, less some change for gas to get home, to buy the car. The car 's significance was
the bond that it created between the brothers. The purchase of the vehicle brought these two together
with a common interest: the car. Once the bond was formed, the brothers became inseparable, at
least for a while. The boys spent the whole summer in the car. They explored new places; met new
people and furthered the bond that the car had created. When they returned from their trip, Henry
was sent to war. He left the car with Lyman. While Henry was gone, Lyman spent his time
pampering and fixing the car. Lyman saw the car as an extension of Henry. Lyman used the car to
maintain an emotional bond with his brother who was thousands of miles away. During the war,
Henry was taken P.O.W. and spent time

Fixed Asset Report
This fixed asset will give insight for Longhaul Carriers, owned by Jimmy Mavela. Longhaul
Carriers is a transport company that transport goods between Durban and Johannesburg. The
company has three heavy–duty trucks and employs three drivers who either work day or night shifts.
This report will cover fair remuneration for drivers, working hours, maximise earnings, profitability
and effective control for the future of Longhaul Carriers. Fair remuneration for drivers
Calculations:Drivers remuneration per round trip x Average number of round trips made per week /
Average number of hours each round trip takes | Truck 1:500 x 4 =R2000/15=R133.33 p/h | Truck
2:450 x 7=R3150/10=R315 p/h | Truck 3:550 x 6=R3300/13=R253.85 p/h | According ... Show
more content on Helpwriting.net ...
I would advise Jimmy to sell his third truck and just work with the two trucks because this is just
bringing a loss to Longhaul Carriers. Effective control for the future Fixed assets represent a large
amount of funding so it is important to have controls in place to ensure they are used properly and
for the purposes of the organisation. * Jimmy's fixed assets should be correctly recorded, secured
and properly maintained. * Acquisitions and disposals of fixed assets should be properly authorised.
* Acquisitions and disposals of fixed assets should take place at the best price possible. * Fixed
assets should be properly recorded, appropriately depreciated, and written down where necessary. *
Annual capital expenditure budgets They should be prepared by someone directly responsible to the
board. If acceptable, they should be agreed by the board and minuted. * Applications for authority to
incur capital expenditure These should be submitted to the board for approval and should contain
reasons for the expenditure and estimated cost. A document should show what is to be acquired, and
be signed as authorised by the board or an authorised official. * Register of fixed assets A register of
fixed assets should be maintained for each major group of assets.

Descriptive Essay About Father
When I was 10 years old, I realized I was different from my father. I was in my room playing with
LEGO's when dad called up. "Do you wanna help me fix the car?" As the truck often had problems
dad had to fix. I thought about it, remembering how dirty dad would be afterward. "No, I don't
wanna be filthy," I called back, and that right there is when I realized how different I was from my
father. Now thinking about it, both are physical build as well as mental were completely different. I
was clean and liked science and math, while dad was always filthy and preferred working with his
hands over science. The differences could not be more obvious, while dad worked outside fixing
this, or building that. I would sit inside reading a book, both fictional and nonfictional. Obtaining all
the information contained inside. Dad would often dive into a problem head on without much
thought about it, while I, on the other hand, would examine a situation from all angles. Attempting
to find the best solution. Another situation is physical. My father is built strong but short, around
five six, with a shiny bald head. While I am weak, and skinny, but taller with long curly hair. Back
when father had hair it was straight and black while mine is brown. My skin is always shiny white
that can not hold a tan more than a few days. While dad has a dark tan almost always and he never
burns. I was always a child of science and math, while dad did not care for such things. Back when I
was in

The Role Of Asset Management Policy And Procedures Guide...
1. INTRODUCTION
The Mai–Wel Group is a not–for–profit Disability Service Provider in the Lower Hunter Region that
offers services and programs to more than 800 clients in about nine Local Government Areas. The
organisation concentrates on developing opportunities that improve the lives of people living with
disabilities and allows individuals to integrate into the community. The group was founded in 1960
by a number of families that had a mutual vision of opportunities for their children that were
affected by disabilities. In June 1993, the group went from being a division of the Challenge
Foundation of NSW to being incorporated as a Public Company Limited by Guarantee. Current
services offered by the Mai–Wel group include supported ... Show more content on Helpwriting.net
...
An effective fixed asset management policies and procedures would preserve the value and
usefulness of Mai–Wel's fixed assets and would array their assets in a way that creates value.
Mai–Wel has revenue of more than $1 million (Acnc.gov.au, 2015) which means that it is classified
as a large Public company Limited by Guarantee and as a result they have to prepare financial
reports and the reports have to be audited; therefore it is imperative that the financial statements
mirror an outlook consistent with their asset management reality.
1.2) WHAT IS AN ASSET MANAGEMENT POLICY?
"Asset management policies and procedures guides are an important part of better practice entities '
internal control environment" (Anao.gov.au, 2015). It is defined as "Principles and mandated
requirements derived from, and consistent with, the organizational strategic plan". (Theiam.org,
2015) An asset management policy and procedure's guide evidently institutes what is vital to record,
account for, manage and protect assets within the organisation. These guides can also be designed in
a way that provides an advantageous direction on managing assets on a day–to–day basis. Asset
management policies also reinforce the objectives of the organisation and its strategic direction as a
result

The Pros And Cons Of Robots
It is the year 2560 and the Robot population has increased at a significant rate. They aren't taking
over quite yet, but they're scarce and rapidly populating the Earth. These robots are extremely
advanced and smart. They used to look exactly how humans do so you could've easily get your best
friend confused with one; that is before they started disassembling. Ever since the early 2000s
Robots have advanced, looking more and more like humans. However it wasn't until the 2500's
where Robots started functioning as humans and taking our jobs. A large percentage of the human
population in New York lost their jobs to robots and went into a huge depression. Humans were
afraid of going up against Robots because they didn't know what robots were capable of. However
they soon came up with a conclusion to help one another. *clink* There goes another one of Dr.
RobotSmith parts. He signs in pain and discomfort as he picks up the metal part and tries to attach it
to himself again. He has been losing metal body parts for a while signifying that his body is dying
and rusting. Since he has many metal parts, they start to rust our every few years if not taken proper
care of by humans. The metal parts include the heart, liver, and all the other important body
functioning parts that as a human, you would need to survive. RobotSmith will soon hit his 15 year
expiration mark, meaning that he will soon need to update his technological mind system so that he
can do daily tasks. He has

Financial Reporting Problem, Part 2: Nike Essay
Financial Reporting Problem, Part 2: Nike
ACC/290
Financial Reporting Problem, Part 2: Nike
When determining the overall financial strength of a company, businesses rely on their current
assets to show value. Current assets are defined as assets that can or will be converted into cash
quickly. The value of the asset's will vary and may be used at any time as collateral for loans or
other investment business development plans. Current assets will include, of course, cash and cash
equivalents, which is the amount of money the company has in its bank accounts including savings
bonds, certificates of deposit, and money market funds. Assets must always be calculated as net
assets, that is, less any debt owed by the organization. ... Show more content on Helpwriting.net ...
The total current liabilities for 2011 were $3,958 million and the total current liabilities for 2010
were $3,364 million. It is important to note the current liabilities; otherwise there is a greater risk of
transparency of the company. If Nike were to not report the current liabilities, they would fail to
follow GAAP and would understate their liabilities.
All of Nike's information is important to different people for different reasons. While an investor
may want to know what assets the company has available at any given time and how much possible
retained earnings to see if the company plans on expanding, an employee may not care so much
about those things. An employee might be interested in knowing the retained earnings because
maybe that is what the company uses for bonuses each year. Creditors will need all the information
possible to know whether Nike is a company that will pay back their debts in a reasonable time.
There is always a person looking through the financials of a business, but that doesn't always mean
they are looking for the same things.
References
Nike. (2011) http://investors.nikeinc.com/Investors/News/News–Release–Details/2012/NIKE–
Inc–Reports–Fiscal–2012–Third–Quarter–Results1128713/default.aspx
Bofah ,K. (2011. February, 12). http://seekingalpha.com/article/629941–jeremy–lin–china–and–
the–nike–stock Kimmel, P.D., Weygandt, J.J., & Kieso, D.E. (2010). Financial

Personal Narrative: A Day At Cascade Middle School
Every sunny day I stand up from my annoying clock "BEEP BEEP BEEP". I turn it off and get
ready and hear the clock talking I first think It's the radio but it's not. So I came closer to it and it ate
everything around even my homework. I thought "what will I say to the teacher"."She wouldn't
believe me". Meanwhile, I ate breakfast, Brushed my teeth, and went to my most non–favorite bus
stop. At the most non–favorite bus stop everyone was talking about a homework eating clock. I
thought "how strange how can a clock eat things"? Then the bus came. I think to myself I will figure
out what happened with the clocks later. At Cascade Middle School in Math class my teacher
Mrs.Picconi said "Give me the homework that was due today". Only three ... Show more content on
Helpwriting.net ...
I was walking to my bus stop and then I saw them all that chased me from a bush. I didn't know
what to do so I crossed two streets and was at another bus stop where there were fewer kids. On the
bus they were all sitting in the front of me. I was getting off the bus when I heard "there he is" and I
knew they were talking about me. I ran as fast as I can into the building and into the classroom.
After school, I got chased but, this time I stopped running and the kids caught up to me and one of
them asked for refund. I told him that I didn't have any, but he gave me an idea of what to do about
it. So at home I went to Walmart and bought a lot of fake 5 dollar bills that looked exactly the same
as the original. The next day I gave everyone one that i owed money for the clock.the next day was
Saturday and in the morning I broke my clock and bought a new one from the money I had. The
problem for me was my grades but I got the grades back to A's and I became very popular in school
and everything started to go good. Finally, everyone had two problems except for me. Their
problems were homework eating clocks and that the 5 dollar bills were really just fake money that I
gave but they will find that

Fixed Asset Turnover
Inventory turnover ratios are the number of times a business sells and replaces its inventory. The
inventory turnover was four times above industry average, but has since decrease below industry
level for 2013 through 2016.
Fixed Asset Turnover
The fixed Asset shows how well the business is using its fixed assets to produce sales. The fixed
asset turnover started high in 2012 and then started to decrease fast in 2013. As of the last three
years the rate has been constant.
Fixed Charge Coverage
The fixed–charge coverage ratio dealings with a firm's ability to satisfy fixed charges, such as
interest expense and lease expense. Kirkland`s provides creditors with a smaller margin, an elevated
level of risk than the average firm in the industry.

Property, Plant, And Equipment For Profit Entities
Property, Plant, and Equipment for Not–for–Profit Entities Introduction Not–for–Profit entities
differ from for profit entities in many ways. These differences are often in direct relation to core
organizational differences (such as purpose and profit distribution). This is evident in the Statement
of Financial Position that is issued by not–for–profit organizations. Not–for–profit entities are
perfectly capable of purchasing assets and these assets are accounted for very similarly to assets
purchased by a for–profit firm. However, the ability to accept contributed assets creates additional
intricacies in the Property, Plant, and Equipment line item on the Statement of Financial Position.
Not–for–profits are also affected by the choice to ... Show more content on Helpwriting.net ...
In ASC 958–605 states that "contributions received" are to be recognized in the period received.
This is relatively intuitive, but causes concern when related to items with unidentifiable value. The
FASB states that contributions have no value unless they can be "used internally by the not–for–
profit entity" or "sold by the NFP" (FASB, 2015). Items that do not fall under these two categories
have no value and should not be recognized. If the not–for–profit decides to accept these gifts, they
will often classify the items as collections. Depreciation and Impairment Depreciation is required
for assets with future economic benefit or service potential by FASB. This does not include land
used as a building site or historical treasures. Historical treasures are defined as assets with
historical value that is preserved perpetually or assets with service potential that the NFP has the
ability to protect (and is currently protecting). Fixed assets such as office equipment, building for
operations, etc. are depreciated over the useful life. For example, Millersville University depreciates
their laboratory and audio/visual equipment over a useful life of 7 years (Millersville University,
2015). These assets are also subject to impairment–testing. Disclosure Not–for–profit entities are
required to classify their Property, Plant, and Equipment assets into 3 different categories. These
assets can be defined as non–depreciable assets, property

Why I Burned Asap List
The wrong person For legal reasons I cannot mention their real names so we will refer to them as
jesse and jess. I am really good at my job unfortunately some days are worse than others, this hot
August 6th was one of those days. On this particular day I happened to get what we call a burn list,
or a needs to be fired ASAP list. The list is normally ten names long, but this list happened to be
seventeen names and they all needed to be fired that day. I had fired people before so i had no issue
doing it. I had never messed up so badly until this unfortunate day.
As they day when by I had to call the people into my office one at a time, and then payout their last
check. To get through twelve in a six hour period I considered an achievement. I found myself
trying to speed things up and I got down to jesse's name, so I sent her an email asking her to come to
my office unknowingly sending it to jess and not jesse.
She came to my office a few moments after I sent the email. As she entered my office she asked in a
very happy voice, "whats up? You needed me?", I had to respond with, "Please take a seat." that was
when her bright smile turned down with a very confused look on her face. I had told her we had to
let her go and that she needed to pack her stuff and make her way ... Show more content on
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As I was calling jess back I had a slight panic attack, how could I have done this I was so careful as
to not make any mistakes. Jess answered the phone saying: " I thought you had forgotten and
weren't going to call me back.", I started out with "I fixed the problem, and I am so sorry I made a
mistake you were not the one to be fired, I'm giving you a $6 pay raise and you will be set at forty
hour a week if you would like more hours.", I apologized about a hundred times that day. She
agreed to come back to work and thanked me for fixing everything I was surprised that she never
once raised her voice or got

term paper about fixed assets
The fixed asset register is an accounting method used by businesses to identify the major resources
they hold. Lindsey Lester explains what it is and how it should be used
The reporting of fixed assets should comply with Financial Reporting Standard 15 (FRS 15). The
aim of this reporting standard is to ensure that tangible fixed assets are accounted for on a consistent
basis. It sets out the principles in making a decision as to whether a tangible fixed asset is stated at
cost on a financial statement or at a revalued amount. It is acknowledged within the standard that in
some cases no depreciation charge will be made on the grounds that it is immaterial.
What is a fixed asset?
The definition of a fixed asset was discussed in my last ... Show more content on Helpwriting.net ...
An example of this is:
A computer was purchased for £5,000 and the life of the computer is expected to be three years with
a residual value of £800. The total amount to be depreciated will be £4,200 (£5,000–800). To
determine the amount of depreciation per year, the following equation should be used: £4,200/3 =
£1,400 pa.
The reducing balance method
This is the other commonly used method. It is usually used where the asset is required to be written
off at a higher value in the asset's infancy, usually when it has a very high usage. The amount of
depreciation will reduce at a constant rate each year as the asset gets older. For instance – an asset
was purchased for £3,250 (NBV) with a residual value of £702 at the end of three years. The rate of
depreciation will be 40% annually: Book Value
Accumulated Depreciation
First year
3250 x 40% = 1300
1950
1300
Second year
1950 x 40% = 780
1170
2080
Third year
1170 x 40% = 468
702
2548
You may also find that your accountants will refer to an asset that is being considered for
impairment, and this too should be covered in the depreciation policy

Depreciation guidelines as to over how long an asset will depreciate will be laid down in your
depreciation policy and should be followed to ensure consistency.
The purpose of the depreciation policy is to ensure that consistent principles are applied in respect
of the measurement, valuation and depreciation of a tangible fixed asset. The Academies Accounts

Theory on Control of Assets Essay
Part 1: Theory on control of assets
1) Internal controls are methods that a company puts in place to ensure the integrity of financial
reports and accounting information, and that they meet operational and profitability targets. They
are implemented to assure the safe–guarding of assets as well as to detect fraud and any other errors.
As such, they provide the company with reasonable assurance that specific objectives will be
achieved.
2) The overall purpose of internal controls is to help a department achieve their goals by
establishing protocols, preventing fraud and theft, separating duties, organizing information,
reducing errors, protecting assets, making sure people adhere to policies and to ensure accurate
accounting records ... Show more content on Helpwriting.net ...
An internal auditing process would consist of a series of questions being asked and compared to the
criteria needed, thereafter conclusions would be drawn up and a plan put in place.
Examples: ( The process of internal auditing )
➢ Condition: What is the particular problem identified?
➢ Criteria: What is the standard that was not met? The standard may be a company policy or other
benchmark.
➢ Cause: Why did the problem occur?
➢ Consequence: What is the risk/negative outcome (or opportunity foregone) because of the
finding?
➢ Corrective action: What should management do about the finding? What have they agreed to do
and by when?
➢ Every month a small portion of money disappears and no one knows where and how this
happens. An internal auditor will follow a set process similar to the above one and put in place a
strategy or a new system in order to minimize the risks and to stop the problem

4) a) Preventive controls:
Stopping things from happening. They are designed to keep errors or irregularities from occurring in
the first place.
*E.g. Segregation of duties, safes, burglar bars or metal detectors.
Examples:
Installing metal detectors will allow you to monitor movement of stock. You will know every time
stock leaves the store when it hasn't been paid for and this will monitor and prevent theft.
Storing valuables in safes or enclosed secure areas also prevents theft.
Assign an individual to receive cash but then a different

Yardbird Analysis
Yardbird, a short story that was released in 2012 directed by Micheal Spiccia which is his only
public work. This short film is a very interesting piece that has small parts of horror entwined into a
supernatural/fantasy theme that is set in what can be perceived as reality.There are many different
themes that can be found within this short, like with power comes responsibility, but the one I find
most interesting is "You can't fix everything". "You can't fix everything" was first said by her
fatherly figure when Ruby is going to bed while look at what seems to be an old photo of some
kind, you can speculate that it was something to do with her mother or maybe even some old
relatives however there is no hard evidence of what the photo contains, all we can believe is that it
has to do with her directly. The reason we know that it has to do with her directly is because she is a
young girl who is living alone with her fatherly figure gets told by her fatherly figure that "you can't
fix everything", and he says this with a sour tone, as if he is affected and he is just trying to console
himself. Going on the idea that the photo was an old photo of Ruby and her family which was
broken for any reason, the line "you can't fix everything" fits perfectly because of what the dialogue
and the prop could be conveying which is that nobody has the power to fix everything. In this scene,
the director is further developing the idea of, when some things break they can never be fixed In

Personal Narrative: Master Bedroom Renting
On January 11, 2017, I signed a new lease for 4807 Coachmans Dr. #8 Orlando, FL 32812. I signed
it in good faith that you would keep your word and fix the master bedroom toilet, which was never
properly fixed, and the kitchen light, both of which has not worked for 170 days as of February 1,
2017. I had asked you to please get these 2 issues taken care of by January 31, 2017; your reply was
that you would contact your handyman. You told me when we first met that if I do right by you, you
would do right by me. That has not worked out well for me. I have paid my rent on time every
month and a couple of months I paid a month in advance. I even paid an extra $100 (rent increase
for January 2017), which I legally didn't have to pay, since there was no lease covering this month,
and I was, therefore, a tenancy–at–will and not bound by any agreement to pay that extra amount.
May I remind you that on February 3, ... Show more content on Helpwriting.net ...
One was the master bedroom toilet; you reminded me that I have a 2–bathroom unit and should use
the second bathroom. You even asked me to turn off the water supply to the toilet. I pay for a
2bed/2bath unit and expect to have full use of both, not to have to turn the water supply off and on
every time I use the toilet. I have had company a few times during this 170 day period, the running
water disturbed my guests and it was a major inconvenience for all of us to share the second
bathroom. Due to health issues it has been extremely difficult for me to keep turning the water
supply off and on. Carmella what you have basically said is you have expected me to pay my full
amount of rent on time each month, but you have also expected me to live with a running master
bedroom toilet or toilet for 170 days. It would have been different if you had gotten the toilet fixed
in a timely fashion. Would you live with no master bedroom toilet for 170days? I think

Vertical And Horizontal Analysis Of Starbucks
Accounting helps to measure an organizations activities, process data into reports, and translate the
results to decision makers. Financial statements and reports help to present the company to the
public in financial terms. The information on these data statements can used to evaluate the
company through vertical and horizontal analysis. Vertical analysis is the proportional analysis of a
financial statement. Normally, vertical analysis is done with a financial statement over a period of
time. When using vertical analysis, a line item on a financial statement is listed as a percentage of
another item (Harrison, 2015). A horizontal analysis is the comparison of information or ratios over
a series of reporting periods. Horizontal analysis helps investors and analysts to control how a
company has grown over time. Analysts and investors could use horizontal analysis to compare a
company's growth rates in relation to its competitors and industry.
Accounts Receivable:
Starbucks' financial position can be figured out by studying their balance sheet. A financial item that
can be found on the balance sheet is accounts receivable. Accounts receivable refers to money owed
to a organization by its borrowers. Horizontal analysis can be used to assess an item on the balance
sheet. Starbucks' accounts receivable increased from $561.4 million in 2013, to $631 million in
2014. That is a 12% increase in just a year. Accounts receivable is categorized as an asset on the
balance sheet. In 2013 the accounts receivable was 4.8% of total assets. In 2014, the company saw a
5.8% increase in their total assets. Overall, the accounts receivable jumped up by 12% in 2014.
Starbucks allowance for uncollectable receivables is calculated based on histroalical experience,
credit history, and application of the specific identification method. Uncollectable receivables are
not available on Starbucks balance sheet. There are however, fixed aseets on the balance sheet such
as plant, equipment, and property.
Starbucks' Total fixed assets increased from $3,200.5 billion in 2013 to $3,519 billion in 2014. This
was a 9.95% increase. As a percentage of total assets on the balance sheet, fixed assets increased
from 27.79% to 32.73% (Starbucks,

Volkswagen Case Study
Being the second largest car manufacturer in the world, Volkswagen really dug themselves a deep
hole. According to Bocconi Students Investment Club, "The company was discovered cheating on
the emission tests by installing software that limits the harmful fumes produces but only while the
vehicle is being tested. Once on the road, the company's vehicles' emission levels exceed the norm
by 10–40 times." While reading the "Bocconi Students Investment Club" that you have provided for
us, it goes in depth about how this scandal was suppose to help Volkswagen become the first car
manufacturer in the world. Volkswagen ethically broke the law by installing these software systems
in their vehicles that lower the NOx levels in the engine of their vehicles ranging from 2009–2015.
According to BSIC, "At the core of this scandal are the so–called "defeat devices" installed by
Volkswagen on some 11 million cars worldwide. At the moment legal charges have been brought up
on roughly 482,000 diesel vehicles operating in the US under VW and Audi badges." This
investigation started to occur in 2015. According to BSIC "When the software dented that it was
being tested, it would change to an alternate engine configuration, lowering toxic NOx levels in
exchange for a drop in performance and fuel economy." Since this discussion about what
Volkswagen did, they have lost a lot of their business. Consumers are not going to want to buy
vehicles from this company any more because of how much money it would cost them to get their
car fixed. This dispute has hurt a lot of people in the process. For an example, it is hurting the
consumers because they have to get their vehicle fixed, the company itself because they are under
lawsuits and potential fines. According to BSIC "The serious implications for the firm are expected
to not only include costs arising from fines, lawsuits and recall costs, but also criminal and civil
chargers pursued against individuals directly responsible for the incident." By having all of these
lawsuits and recall costs it is going to cost Volkswagen a lot of money in the long run. According to
BSIC "Under the threat of a 18 billion potential fine, the negative reaction of the market has been
rapid with the VW

Taking a Look at Inventory Turnover
Inventory turnover is the measurement of the number of times inventory is sold or used in a time
period such as a year where measure the firm's operational efficiency in the management of its
assets. The equation for inventory turnover equals the Cost of goods sold divided by the average
inventory where average inventory equals beginning inventory plus the ending inventory and
divided by 2. Besides, inventory turnover is also known as stock turns. The formula for inventory
turnover is as follows:
Inventory Turnover = Cost of goods sold Average inventory
Average inventory = Beginning inventory + Ending inventory 2
Years Inventory Turnover
2011
RM 238,012,481 = 2.80 times (RM 83,868,074 + RM 86,154,197) / 2
2012
RM 292,104,857 = 3.34 times (RM 86,154,197 + RM 88,860,507) / 2
2013
RM 297,752,561 = 3.63 times (RM 88,860,507 + 75,059,829) / 2
In 2011, Pensonic Holdings Berhad stated 2.8 times followed by 3.34 times in year 2012 and
continue by 3.63 times in 2013. The Cost of goods sold in year 2011 to year 2012 shows an increase
from RM 238,012,481 to RM 292,104,857 and it increase again to RM 297,752,561 in year 2013
due to there's increase in sales

The Impact Of Ryman Healthcare Limited And Metlifecare...
Table of Contents
INTRODUCTION 1
RYMAN HEALTHCARE LTD 2 BACKGROUND 2 FINANCIAL ANALYSIS 2 NON–
FINANCIAL ANALYSIS 6
METLIFECARE LTD 7 BACKGROUND 7 FINANCIAL ANALYSIS 7 NON–FINANCIAL
ANALYSIS 10
CONCLUSION AND RECOMMENDATION 11
BIBLIOGRAPHY 12
GLOSSARY OF TERMS 14
Introduction
The purpose of this report is to analyze the performances of both Ryman Healthcare Limited and
Metlifecare Limited, both businesses that provide a service based in the New Zealand Retirement
Village Industry. Having been approached by a lender, it is our objective to recommend which
company we reason to be more suitable to provide a loan of $1 Million to. Through analysis of the
financial and non–financial structures of the companies we will be able to assemble our
recommendation.
Ryman Healthcare Ltd BACKGROUND
"Our philosophy is to exceed the expectations of our residents and their family and friends, with
villages that provide all levels of care, balanced with impressive facilities and exceptional staff." –
Ryman Healthcare Limited
Established in 1984 by John Ryder and Kevin Hickman, Ryman Healthcare Ltd originated in
Christchurch and today has expanded different locations across New Zealand and recently expanded
to Melbourne, Australia. With 27 villages to choose from, the older generations of New Zealanders
and Australians have a wide range of options that accommodate to all of their needs, from
independent living, and assisted care, to specialized care centers.
Financial

Accounting Standard 10: Accounting for Fixed Assets
Accounting Standard 10: Accounting for Fixed Assets
Fixed asset is an asset held for producing or providing goods and/or services and is not held for sale
in the normal course of the business.
Cost to include purchase price and attributable costs of bringing asset to its working condition for
the intended use. It includes financing cost for period up to the date of readiness for use.
Self–constructed assets are to be capitalised at costs that are specifically related to the asset and
those which are allocable to the specific asset.
Fixed asset acquired in exchange or part exchange should be recorded at fair market value or net
book value of asset given up adjusted for balancing payment, cash receipt etc. Fair market value is
... Show more content on Helpwriting.net ...
For incorporation of non integral foreign operation, both monetary and non monetary assets and
liabilities should be translated at the closing rate as on the balance sheet date. The income and
expenses should be translated at the exchange rates at the date of transactions. The resulting
exchange differences should be accumulated in the foreign currency translation reserve until the
disposal of net investment. Any goodwill or capital reserve on acquisition on non–integral financial
operation is translated at the closing rate.
In Consolidated Financial Statement (CFS) of the reporting enterprise, exchange difference arising
on intra group monetary items continues to be recognized as income or expense, unless the same is
in substance an enterprise's net investment in non integral foreign operation.
When the financial statements of non integral foreign operations of a different date are used for CFS
of the reporting enterprise, the assets and liabilities are translated at the exchange rate prevailing on
the balance sheet date of the non integral foreign operations. Further adjustments are to be made for
significant movements in exchange rates upto the balance sheet date of the reporting currency.
When there is a change in the classification of a foreign operation from integral to non integral or
vice versa the translation procedures

Jones Electrical Case
MBA770 Corporate Finance
Case "Jones Electrical Distribution"
Description
Jones Electrical Distribution ("JED"), which sells electrical components and tools to general
contractors and electricians, is experiencing rapid growth in a highly–fragmented, highly
competitive industry and despite profits, experiencing a cash shortfall, resulting in increased
borrowing from Metropolitan Bank (the "Bank") to $250K, the max loan amount the Bank will
make to any one client. JED has been able to remain within this amount through 2006, relying
heavily on trade credit from suppliers. As a result, Nelson Jones, owner and president, is seeking a
new banking relationship. Nelson's friend introduced him to a new bank where he felt he might ...
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Borrowing limited to available borrowing base of margined A/R and Inventory, will pay an unused
fee of 0.25%, annually, on the portion of the revolver not used. This allows the flexibility to grow
into a larger revolver continuing to support growth.
Expected Customary Covenants – JED should expect that the note to the former shareholder will be
fully subordinated to the Bank's senior revolver facility. Should also expect that he will sign an
unlimited/unconditional personal guarantee.
No Need for Growth Equity – It is not believed that JED needs to consider growth equity, resulting
in dilution and high cost of capital. The growth can be supported by traditional bank financing, as
suggested above.
Appendix
|Balance Sheet | | | | | |
|Inventory |$243 | |$278 | |$379 |
| / COGS |$1,304 | |$1,535 | |$1,818

Essay on Chapter 4 Gapenski
Ch 4, Ques 4.1
The difference between the income statement and balance sheet in regards to timing is the
following: * An income statement is a report that contains information in regards to an
organizations' assets and financing in order to obtain those assets that is collected over a certain
period of time * A balance sheet is snapshot of the financials for that organization (with assets on
the left and liabilities on the right side) for that particular date that was requested
Ch 4, Ques 4.5 a, b, c a) The difference between long term investments and property and equipment
on the balance sheet are as follows: * Long term investments are reported on the balance sheet at a
fair market value instead of the purchase price ... Show more content on Helpwriting.net ...
taxes, wages) or amount owed. Equity is also known as owner's net worth, stockholders' equity, etc.
or amount vested with no obligation to payback. This difference is known as the net asset or net
worth of the company
b) What makes a liability a current liability?
A current liability is defined as a liability that must be paid within one accounting period.
c) Give some examples of current liabilities.
A company could owe unpaid wages, taxes, or a commercial bank loan that is due within one
accounting period.
d) What is the difference between long–term debt and notes payable? A notes payable is normally a
short term debt whereas a long–term debt is typically over a time frame of more than one
accounting period or longer.
Ch 4, Ques 4.7 a, b a) Explain the difference between the equity section of a not–for–profit business
and an investor–owned business.
Equity in a not–for–profit is known as net assets and for an investor–owned business it is termed as
stockholder's equity because it is owned by the investors/stockholders.
b) What is the relationship between net income on the income statement and the equity section on a
balance sheet?
The net income on the income statement is used on the equity section for the balance sheet. When
the net income increases of decreases because of revenue or expenses this carries over to the balance
sheet under the equity section and reflects those fluctuations. This helps to give a better

Grocery Fixed Assets
Despite living in a low–cost residence, having a reduced grocery budget and only paying for basic
utilities such as electricity and water, expenses can feel overwhelming, especially if your household
has a lower–than–average income. This essay, however, argues that many people in this situation
have a better economy than they understand.
The first step to wrangling the household economy is to actually sit down and look it over to find
any discrepancies. Ideally, your static expenditures should consist of infrastructural ones such as
transport, phone and internet connection, and essentials like food, hygiene items, rent and utilities. If
the income is greater than the aforementioned expenditures, the rest of the capital should be well
appropriated to avoid wasting it away. The problem with this is that it can be hard to know exactly
what all your money actually goes into, for example habits like smoking cigarettes or eating candy
on a regular basis, which may not appear notably costly per purchase, will accumulate into a greater
cost over time. ... Show more content on Helpwriting.net ...
While they cannot be used for transactions towards your static expenditures. These assets in
themselves can, however, be exchanged for monetary assets that are far more useful in that regard.
For instance, owning an expensive television set, but not being able to watch anything you like on it
due to your work schedule or your economy, is a great reason to just sell the television set that you
obviously do not need. Selling these fixed assets will not only generate more money instantly, but
could also reduce the cost of any maintenance consumed by them over time, such as

Asset Management
CHAPTER ONE THE PROBLEM AND ITS SETTING
1.0 INTRODUCTION Asset management is a concept that companies use to ascertain the value of
their assets. It provides a quick measure of the worthiness of the organization and so becomes easier
for organizations to prepare their final accounts as they are able to quickly estimate the value of
their assets. Well managed organizations are required to perform regular fixed asset audits. Tracking
and managing corporate assets and equipment is a challenge to most organizations especially when
there is a large volume of assets or when those assets move frequently between departments or
multiple branches. However in today‟s regulatory environment, it has become more important than
ever for companies to ... Show more content on Helpwriting.net ...
c. What were the difficulties experienced in using the manual system?
3
d. Did the users have enough skills to operate the system? e. Where and how would the asset
register be kept and updated? 1.6 JUSTIFICATION OF THE STUDY. The proposed study was
recommended as it was of paramount importance to organizations which had accepted and
undertook the information technology era into their businesses to have good and reliable ITAMS.
The previous excel spreadsheets which were used in recording assets were highly prone to errors
and presented a lot of paperwork, which required large storage space, and thus inappropriate and
inefficient for the organization to achieve optimum performance.
The researcher focused on managing IT assets only because past and existing manual systems had
too many loopholes which resulted in the organization losing valuable IT assets due to theft and or
abuse by employees. Unlike other tangible assets of the organization IT assets have a shorter life
span and often switch many hands within a short period of time hence difficult in most cases to trace
their whereabouts.
The proposed study would facilitate quick decision making and also reduce the amount of time
taken in locating computer hardware and software. Under the manual system it took a lot of time in
trying to locate and monitor IT assets in the organization. The study was also meant to reduce
operation costs in the IT department as the organization would now

The Vertical Analysis Of Starbucks Essay
Account receivables Horizontal analysis Starbucks Corps had its gross account receivables for the
year 2015 increase by 14.44% which led to its net receivables increase by $88,000,000 which
translates to an increase of 13.95% of the net account receivables. This was followed by an increase
in doubtful debts through the previous year by 6.12% to %6,700,000 from the ear 2014. This is due
to the increase in the number also sales which led to the increase in account receivables and also
doubtful debts in 2015. The risk that the company undertook also increases in line with the increase
in account receivables. Verticals analysis The vertical analysis of Starbucks is based on the baseline
being the total assets in order to for a basis for the account receivables for the year ended 27
September 2015. There was a slight decline in the percentage from 5.93% in September 2014 to
5.86% in 2015 September. Allowance for doubtful debts however increased by 0.03% in the fiscal
year ending 2015. This was followed by a drop in net accounts receivables in 2015 by 0.09%, due to
the changes in the account receivables accounts. Methods of accounting for accounts receivables
Account receivables accounts for purchases which consumers have not yet aid for. This takes cares
of any losses that the firm might incur due to allowing credit to certain clients. Bad debts are
recorded in the income statement and they represent the des which the company doesn't expect to be
paid back. The account

Accounting Quiz
Chapter 02 Student Revision Quiz
1.
According to Australian Accounting Standards (AAS), assets are carried on the financial statements
at the higher of current market value or historical cost.
| True | | False |
The Australian Accounting Standards state the assets are to be 'carried on the books ' (recorded) at
what the firm paid for them.
2.
Suppose KLM Inc. just received a patent on a new anti–cholesterol drug. This patent is an intangible
fixed asset.
| True | | False |
Patents are intangible fixed assets.
3.
A non–cash item is an expense charged against revenues that does not directly affect the cash flow.
| True | | False |
Accounting income differs from cash flow as it includes non–cash items ... Show more content on
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11.
Accounts payable is recorded as part of:
| long–term debt | | short–term asset | | owners ' equity | | fixed liabilities | | short–term debt |
Accounts payable is a short–term debt or liability (due in less than 12 months).
2.
Which one of the following statements is correct?
| Cash flow from assets is equal to cash flow to creditors minus cash flow to stockholders. | | Net
working capital is equal to current liabilities minus current assets. | | Additions to net working
capital are equal to ending net working capital minus beginning net working capital plus

depreciation. | | Shareholders ' equity is equal to total assets plus total liabilities. | | Operating cash
flow is equal to EBIT plus depreciation minus taxes. |
Shareholders ' equity is equal to total assets minus total liabilities. Net working capital is equal to
current assets minus current liabilities. Cash flow from assets is equal to cash flow to creditors plus
cash flow to stockholders. Depreciation is not a part of the additions to net working capital.
13.
Use the following tax table to answer this question. Taxable income | Tax rate | $0–6 000 | Nil | 6
001–25 000 | 15% | 25 001–75 000 | 30% | 75 001–150 000 | 40% |
Pools Inc. has taxable income of $77 000 for the year. Which one of the following statements is
correct concerning Pools ' tax

P Bread
Company A of Health Products industry fits the first set of descriptions of world's largest
prescription–pharmaceutical company with very broad and deep pipeline of ethical pharmaceuticals,
supported by a robust research and development budget; it has divested several of its non–
pharmaceutical businesses. While Company B fits the second set of descriptions i.e. diversified
health–products Company that manufactures and mass markets a broad line of prescription
pharmaceuticals; brand development and management are a major element of the firm's mass–
market–oriented strategy. Johnson and Johnson is the company that it mentions.
Health Products
Cash and short–term investment for Company A (24.2%) is higher than Company B (16.1%). A is ...
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Company A is lower (76.1%) due to its limited product range (only manufactures drugs).
Beer
Company C fits the first set of description, and Company D fits the second set of description.
Company D has higher current ratio and quick ratio, which is higher 2.43x and 2.3x respectively.
This was because Company D had higher cash and short–term investment, which was 55.6% while
Company C, only has 1.4%. It proves that Company D is financially conservative and it matches
with the second described company.
Beside that, Company D keep more stock which is 11.9% compare with Company C 4.3% because
their company produces seasonal and year round beers with smaller production volume and their
beers' demand is not whole year long. Hence slower sales in Company D will have lower inventory
turnover with higher inventory.
There was no dividend payout for Company D whereas the Company C they have high dividend
payout ratio due to stable product sales which not affected by the seasonal event. The goodwill for
Company C is higher than Company D of about 6.1%, this may be due to the Company C is a
national brewer of mass market consumer beers sold under a variety of brand names, so the
Company C can match with the first described company.
The fixed asset turnover for Company C and

The Strategy Of Risk Management
Banc One's overall strategy of risk management is to stay within a permissible limit of earnings
sensitivity. Based on the last meeting, it was decided that for 50 basis points increase (average over
a year) in the interest rates, the level of earnings change should not be more than 4%. Banc One also
used a balancing portfolio for asset–liability management, which consisted of investments in
conventional securities and derivatives with an underlying mandate to achieve a reasonable rate of
return, fulfill short term liquidity needs, manage interest rate exposure, and maintain a modest
regulatory capital obligation. Also, Banc One has recently shifted its focus to synthetic instruments
owing several advantages these new securities present.
Specifically, Banc One aims to be liability sensitive i.e. have a negative earnings sensitivity. This
means that the earnings are depressed in a period of interest rate increase. Having a controlled
exposure to longer term fixed rate assets exceeding shorter term floating rate liabilities, the bank can
earn the interest rate spread. This is because the yield curve is generally upward sloping, which
implies that longer term securities will have a higher yield compared to shorter term securities.
However, this leaves the bank exposed to interest rate risk when the yield curve has a large upward
shift (the interest income falls more than the interest expense, and the earnings decline). This can,
however, be controlled using investments and

The Significance Of Grit By Deborah Perkins Gough Essay
In The Significance of Grit by Deborah Perkins–Gough and Angela Duckworth who graduated from
the University of Pennsylvania conducting research studies from grit. It states, she's been doing this
for 11 years (Perkins–Gough pg.15). Furthermore, I would talk more about it. Another Article is
Brainology Transforming Students' Motivation to Learn by Carol S. Dweck. Something I know
from the top of my head is that Dweck is a Psychology Professor at Stanford University. This article
covers more about the research in fixed and growth mindset.
Duckworth explains people with grit are those who confront failure and don't give up easily. She did
research on the U.S Army to determine their grit. She realize, if the soldiers had a though of mind of
grit they showed good results in their military performance on summer camp. Also, there was a
fascinating research she had with taxi drivers relating to grit. Commonly, one would think that taxi
drivers make more money in a rainy day. But what she found out was that taxi drivers work less
hours in rainy days because they would make the sufficient money they needed for the day. In
similarity, she compare this research to talent and grit. One with talent will spent less time on
something so they stop immediately once they have proficient. In the other hand, someone with grit
will spend longer time and get more out of it.
My first year of college I was devastated because I didn't pass my math class due to procrastination.
Not because the class

Trowel Melt
If you want to fix the cracks in your asphalt driver just like the professionals do, you'll need to
purchase a few tools and set aside a day to fix your driveway. It will take some time and a small
investment in the right tools, but you will save on labor costs and you'll have the tools you need on
hand the next time your driveway needs fixed.
The Supplies & Equipment
In order to patch your asphalt driveway like a professional, you'll need to purchase melt–in filler.
Melt–in asphalt filler will not shrink after it is applied and will not cause additional cracks. This is a
construction grade product. Stay away from squeeze bottles and caulk style fillers; most of these
types of products are easy to apply, but shrink over time and cause the cracks you just fixed to
appear again quickly.
You are also going to need a trowel patch for this project as well as ... Show more content on
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If it doesn't melt, turn up the torch just a little bit, and continue with the sweeping motion until it
starts to melt. The filler will go from looking like a white–ish substance to the black color you
associate with asphalt. It may put off a little heat, but should not smoke excessively or smell like it
is burning. If it does, you need to turn down your torch or hold it a couple of inches further back.
Cover It With A Trowel Patch
Finally, after the crack has cooled off for at least half an hour, you can apply the trowel patch to the
crack. You'll want to lay down a small amount of towel patch material and use the trowel to even
and smooth it out. This will ensure that the crack is completely filled and even.
The length of time this project will take depends on how many cracks you have in your driveway. If
you only have one crack, you should be able to complete this entire process in a couple of hours. If
you have multiple long cracks, you may need to dedicate an entire day to fixing your

Personal Narrative : The Life Of Driving A Car
April 14th 2017, the day my life had changed. I never thought in a million years that I'd actually
get into a car accident, not to metion almost killing my friend and myself.
A couple of months ago around 11:49, I was driving a 2011 Chevy Inmpala all black while my
friend rode in the passenger seat. Unlike most cars i've driven, this particular was fast. I mean i
would
be going 50mph but it would feel like i was going 80mph. The problem with driving a car is
everytime
you turn around something needs to be fixed. Well in my case it was my throttle. A throttle is a
device
that basically controls the power to your engine(no throttle, no engine). So if your macanic says
"you
need your throttle fixed, just get it fixed or you'll regret it.
I was on 294 going 65mph when all of a sudden my car took over. My wheel locked and my
brakes went completely out. Before i knew it we were spinning in cirlces and we cashed head–on
into a
rail. It took me about two mintues to figure out what had just happened. When i finally lifted my
head
all I could hear was screaming and moaning. I looked to my right and all i saw was my friend
slimped
over, I instantly went into "Greys Anatomy mode." I break out of my car and ran fast to the
passenger
side and I opened the door and grabbed her not noticing she was badly injured. I pulled her close to

e
and layed her down on the ground. As i go back to grab my phone to call the police i noticed a lot of
blood

Turnover Ratio For Axiata
Total asset turnover
=sales/(total asset) 0.41 times 0.42 times 0.38 times
Fixed asset turnover
=sales/(fixed asset ) 0.55 times 0.54 times 0.46 times
Time series
Total asset turnover
Total asset turnover is a ratio that narrates the amount of sales generated for every unit of the asset.
In 2012 , an asset turnover ratio for Axiata is 0.41 means Axiata can produce $0.41 for every $1
worth of assets. In general, the higher the ratio means the company is more effective at using its
assets. But whether a particular ratio is good or bad differs on the industry in which your company
works. Furthermore,some industries are simply more asset–intensive than others ,so their total
turnover ratios will be lower.
In 2014 Axiata analyzes that its asset turnover ratio is 0.38 which has declined from 0.42 in the year
2013. Companies with a decreasing asset turnover ratio must analyze their ... Show more content on
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Generally, a high fixed–asset turnover ratio is better for small business indicates that Axiata
generate strong sales for the level of fixed assets their use in 2012, but it can have some negative
implications in some situation.
In year 2012 Axiata with fixed asset ratio 0.55 which has the highest ratio compare with the
following year. With the highest ratio in the year 2012, Axiata is doing an effective job of generating
sales with a relatively small amount of fixed assets and selling off excess fixed asset capacity. After
2012, decline in the ratio can indicate Axiata over interested in fixed asset such as equipment or
machine. The possible cause to help increase lower ratio such as provide new products or services
that require more than traditional. The concept of the fixed asset turnover ratio is more valuable to
an outside participant, who wants to know how well a Axiata is employing its assets to generate

Essay On My Hero's Journey-Personal Narrative
As the border patrol exited the school taking me with him, mamma and papa were already in the
patrols car along with the rest of the family. Once I saw my family, my eyes opened wide, shocked, I
tried to grasp for air and words and what came out was, " what's happening papa?" Papa looked out
the window, with regret and sadness in his voice he simply said" they have found us miho." I
instantly looked at mamma, with tears in her eyes she said " we are getting deported Panchito." She
turned to papa and sobbed on his shoulder. The border officer put me in the car along side Papa and
mamma. After driving for a couple of hours we made it to Las Vegas. The officer stoped for some
gas. He got out of the car then opened the door and said sternly " You ... Show more content on
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Papa woke us up early and said we are going to the store to buy as much as we can afford to help us
out with fixing the house and eating. We walked to get breakfast, since we no longer have our
carcachita, from a place called

Analysis Of Tata Power
Name: Akash Singh
Roll No–355
Class Assignment
Financial Accounting
Analysis of Annual Report of TATA POWER
Share Capital Analysis
Share capital refers to the portion of a company's equity that has been obtained by trading stock to a
shareholder for cash. The amount of share capital a company reports on its balance sheet only
accounts for the initial amount for which the original shareholders purchased the shares from the
issuing company. Any price differences arising from price appreciation/depreciation as a result of
transactions in the secondary market are not included.
In case of Tata Power Number Rs Crore
Authorised
Equity Share of Rs 1
Cumulative Share of Rs 100
Total
300,00,00,000
2,29,00,000
300
229
529
Issued 242,94,70,840 242.95 ... Show more content on Helpwriting.net ...
(b) Tata Power has a program of verification of fixed assets to cover all the items in phased manner
over a period of three years which is reasonable having regard to the size of the Company and the
nature of its assets. Pursuant to the program, certain fixed assets were physically verified by the
Management during the year. According to the information and explanation given, no material
discrepancies were noticed on such verification.
(c) The fixed assets disposed off during the year, do not constitute a substantial part of the fixed
assets of the Company.

Inventories
Inventories of stores, spare parts, fuel and loose tools are valued at lower of cost (on weighted
average basis) and net realizable value after providing for obsolescence and other losses. Work–in–
progress and property under development are valued at lower of cost and net realisable value. Cost
includes cost of land, material, labour and other appropriate

Staple Comparison Essay
Long–term debt–to–equity is very similar to debt–to equity, but it reveals an important characteristic
of the company's debt make–up, that is how much of it is long–term. This is important because
long–term debt means long–term interest payments, and generally involves larger principles. This
can mean greater leverage, but it also indicates greater risk. Many banks are wary of companies that
hold too much debt, and especially the companies that hold too many long–term debt obligations.
Another downside from this perspective is that higher perceived risks by creditors generally can
lead to increased interest rate, making this debt even more expensive. Staples hold only about one
quarter of the long–term debt in relation to equity compared to Office Depot or Amazon. This gives
Staples several advantages because the firm is likely to be perceived as less risky. It will likely still
be easy for Staples to find financing for expansion or operations than for its major competitor. This
is due not only to its holding less long–term debt in relation to equity, but also because Staples
remains a profitable company ... Show more content on Helpwriting.net ...
This is a good sign in that the company has always been able to meet its debt obligations, even in
years where it could not ultimately provide a return to its shareholders. Staples position is even
more favorable when compared to that of Office Depot, which had a negative times–interest–earned
ratio in three out of the five years analyzed. This makes Office Depot a far riskier investment for
any creditor that Staples, and a risky investment in general. As with long–term debt–to–equity
above, this would place Staples in a far better position than its main competitor to obtain funds to
expand. Staples has only in FY 2015 fallen behind Amazon again, but with both companies
maintaining positive ratios, this is not necessarily bad news for

Case Study: Deputy Strange
Deputy Strange is responding and investigating calls for service on his own, without the assistance
of his FTO. Nothing to report for unsatisfactory performance. During the last shift, Deputy Strange
requested assisted with forms and documents during a retail theft investigation. During the burglary
of a conveyance and the rest of this shift, Deputy Strange completed all forms and documents
without the assistance of his FTO. Deputy Strange responded to 1073 Ironsides Avenue in reference
to a burglary of a conveyance. Deputy Strange followed proper directions to the location and used
the right radio codes. Upon arrival, Deputy Strange parked at a safe distance and approached the
resident on foot. When contact was made with the complainant,

Staples Inventory Ratio Analysis

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