- Danhart Plumbing is a small manufacturer of plumbing supplies located in Toronto, Canada that operates in a highly competitive industry.
- The firm's board will elect a new president, Robert Denhart, who is concerned about declining profits from 1988 to 1989 despite a slight rise in sales.
- Key financial details are that there were 10,000 shares outstanding and $5,737 in dividends paid in 1989.
Design of buildings in cyclone prone areasAnkit Shah
This document discusses design considerations for buildings in cyclone-prone areas. It begins with an introduction to cyclones, noting they cause strong winds and rains. It then discusses various cyclone characteristics like formation, structure with an eye, and coastal impacts. Several key aspects for building design are covered, including roofing, wall-roof junctions, doors/windows, foundations, and walls. Reinforcing these vulnerable areas is recommended through techniques like additional bracing, straps, and reinforced connections. Site selection factors are also outlined, such as using natural shields from hills or trees and avoiding ridges. The overall document provides guidance on strengthening building construction against high winds and flooding from cyclones.
This document lists 31 approved registered community organisations in Mumbai, along with their location. It provides basic information about Jain community organisations across different locations in Mumbai, including Chichpokali, Chembur, Chichbunder, Bhat Bazaar, Matunga, Malad, Kharek Bazaar, Mulund, Chira Bazar, Princess Street, Dadar, Yusuf Maherali Road, Matunga, Chira Bazar, M J Market, Samual Street, Kalbadevi, Borivali, Ghatkopar, Marine Drive, Charni Road, Malad, Opera House, Goregaon, N S Palkar Marg, Khetwadi, Paydh
Buildings are designed for people, and those people are trying to accomplish a task – whether it’s raising a family, running an office, or manufacturing a product.
The building needs to keep people comfortable, efficient, healthy, and safe as they set about their task.
At indigo Developers we are a diversified business group with core competencies in real estate
development, engineering and construction, duly approved and accredited by the Pakistan
engineering council. The group has completed and delivered a number of residential, commercial,
high rise mixed use building projects.
This document summarizes a study on soundscapes in Cameron Highlands, Malaysia. The study assessed three green areas in Tanah Rata township to identify relationships between soundscape elements and landscape features. Physical sound level measurements and psychological assessments via lab tests and questionnaires were conducted. Results found that vehicle sounds dominated and one site had lower acoustic quality. Landform, activities, and vegetation influenced soundscapes. Questionnaires rated natural ambience and bird sounds most positively. The study concluded soundscapes are declining due to vehicle noise and recommended enhancing environments with more positive natural sounds.
Design of buildings in cyclone prone areasAnkit Shah
This document discusses design considerations for buildings in cyclone-prone areas. It begins with an introduction to cyclones, noting they cause strong winds and rains. It then discusses various cyclone characteristics like formation, structure with an eye, and coastal impacts. Several key aspects for building design are covered, including roofing, wall-roof junctions, doors/windows, foundations, and walls. Reinforcing these vulnerable areas is recommended through techniques like additional bracing, straps, and reinforced connections. Site selection factors are also outlined, such as using natural shields from hills or trees and avoiding ridges. The overall document provides guidance on strengthening building construction against high winds and flooding from cyclones.
This document lists 31 approved registered community organisations in Mumbai, along with their location. It provides basic information about Jain community organisations across different locations in Mumbai, including Chichpokali, Chembur, Chichbunder, Bhat Bazaar, Matunga, Malad, Kharek Bazaar, Mulund, Chira Bazar, Princess Street, Dadar, Yusuf Maherali Road, Matunga, Chira Bazar, M J Market, Samual Street, Kalbadevi, Borivali, Ghatkopar, Marine Drive, Charni Road, Malad, Opera House, Goregaon, N S Palkar Marg, Khetwadi, Paydh
Buildings are designed for people, and those people are trying to accomplish a task – whether it’s raising a family, running an office, or manufacturing a product.
The building needs to keep people comfortable, efficient, healthy, and safe as they set about their task.
At indigo Developers we are a diversified business group with core competencies in real estate
development, engineering and construction, duly approved and accredited by the Pakistan
engineering council. The group has completed and delivered a number of residential, commercial,
high rise mixed use building projects.
This document summarizes a study on soundscapes in Cameron Highlands, Malaysia. The study assessed three green areas in Tanah Rata township to identify relationships between soundscape elements and landscape features. Physical sound level measurements and psychological assessments via lab tests and questionnaires were conducted. Results found that vehicle sounds dominated and one site had lower acoustic quality. Landform, activities, and vegetation influenced soundscapes. Questionnaires rated natural ambience and bird sounds most positively. The study concluded soundscapes are declining due to vehicle noise and recommended enhancing environments with more positive natural sounds.
Plumbing is defined as the art and science of installing pipes, fixtures, and other components to bring in water and remove liquid waste from buildings. It includes water supply pipes, drainage pipes for waste and sewage, ventilation pipes, and plumbing fixtures like sinks and toilets. Historically, early civilizations like the Indus Valley, Egyptians, and Romans developed basic plumbing and sanitation systems using materials like copper, lead, and ceramic pipes. Modern plumbing systems incorporate various specialized components to efficiently supply water and remove waste from buildings in a sanitary manner.
This document provides information about plumbing systems and components. It begins with definitions of plumbing and discusses the history of plumbing from ancient civilizations. It then describes the basic plumbing components found in modern buildings, including water supply pipes, fixtures and traps, soil and waste pipes, and storm drainage. The document provides details on water supply systems, drainage systems, and plumbing fixtures and fittings. It also discusses plumbing codes and regulations from the National Building Code of India. Finally, it includes examples of plumbing system designs for apartments and case studies.
The document provides an overview of plumbing systems and utilities. It discusses the history and practice of plumbing in the Philippines, components of plumbing systems including water supply and distribution. It also covers water sources, treatment and purification methods, wells and pumps. Storage tanks, valves and controls are also summarized.
Metro Sewer and Plumbing Services Inc. has been providing plumbing services in Chattanooga since 1989. The company leads the industry in its use of technology and processes. In their first month using Cardone University for daily training, Metro Sewer & Plumbing increased their sales by 50%. The training helped establish consistent expectations and improved follow-up practices. It led to a 37% increase in average ticket size in the first 30 days and additional growth in the second month. The new training and culture also helped identify underperforming employees.
Dan and Maria Jezierski own a plumbing, heating, and air conditioning business. They started the business after Dan decided to leave his previous job due to long hours. Dan had experience in the field through an apprenticeship and working for another company for 8 years. The business has grown from Dan working alone to a 4 person crew. They have faced challenges with difficult customers and employees but overcome them through hard work and dedication. Their advice is that owning a business takes sacrifice and treating customers well through honesty.
HALIM HANI HH-SP-P0001-SanPan Plumbing Total Solution PresentationHalim Hani 08 SANPAN
This document describes Sanpan Plumbing Total Solution, which offers plumbing design, materials, installation, and maintenance. Some key points:
- Sanpan claims its approach reduces plumbing costs by 20%, material costs by 20%, installation time by 50%, and workforce by 60% compared to other plumbing companies.
- It introduces advanced plumbing engineering and systems, as well as 5 years of free maintenance.
- Sanpan's modular pre-assembled wall and shaft systems can be installed before or after tiling and do not require extra space. This simplifies installation works.
- The document provides details on Sanpan's plumbing materials, venting systems, drainage solutions, and pre-
This document provides information about a plumbing and heating company called Gaswise. It details the owner's qualifications and gas safety accreditations. It then lists the services provided, including boiler installations, servicing and repairs. It names several companies it subcontracts for and provides pictures of completed installation projects. In the conclusion it encourages referrals and thanks readers for their time.
alooma's CTO Yair Weinberger, discussed the false promise of "Exactly-Once Processing". In his talk, Yair explained why there is no such thing as "Exactly-Once Processing", and how idempotency can only get you close when implementing states in Apache Storm / Trident.
https://www.alooma.io/blog/tlv-data-plumbers-first-meetup
Plumbing presentation by Jose Anacleto SoberanoEsOj Soberano
Vitrified clay pipe is one of the oldest sewer line materials, made from clay cast into lengths and heated to over 1370°C. It is durable underground but brittle, requiring careful installation. Lead pipe was also historically used but is toxic. Galvanized steel pipe coats steel with zinc to prevent rust but is susceptible to corrosion from water chemicals over time. It is heavier than PVC but cheaper than copper. Galvanized wrought iron pipe is higher quality than steel for plumbing due to greater acid resistance.
The document provides information about plumbing systems in buildings. It defines a plumbing system as a system of pipes, drains, fittings and devices installed in a building for distribution of water and removal of wastewater. It then lists the common types of pipes used - galvanized iron pipes, cast iron pipes, unplasticized PVC pipes, and rigid PVC pipes - along with their typical diameters and properties. Finally, it describes the two main types of water distribution systems - gravity distribution systems that rely on an elevated water source, and pump and storage systems that use pumps to move water to overhead tanks.
Services report - plumbing, electrical and hvacYashna Garg
This document provides information about the water supply, drainage, and plumbing systems for a building. It discusses key aspects of water supply like pipes, valves, storage tanks, and pumps used to deliver water to fixtures. It covers water pressure and flow rates and factors that affect them. The document also summarizes drainage system components and design considerations. Additionally, it describes different types of traps and their uses in plumbing systems to prevent sewer gases from entering buildings. Finally, it lists common types of pipes used in plumbing like copper, PVC, cast iron, and their applications.
The course objectives are to familiarize students with building water supply and sewerage systems. It will cover water quality control, treatment and distribution within buildings. Students will learn about water management concepts and the fundamentals of waste disposal and sewerage system planning. They will also be exposed to relevant equipment for managing water and wastewater. The document provides details on water sources, quality parameters, distribution systems, water demands for various uses, and sewerage system components.
This document provides an overview of plumbing components and materials. It discusses different types of pipes like PEX, copper, PVC, galvanized, and brass. It also describes common pipe fittings such as couplings, reducers, elbows, unions, tees, crosses, caps, and barbs. Finally, it summarizes various valves like ball valves, gate valves, butterfly valves, diaphragm valves, globe valves, check valves, pressure balanced valves, and zone valves.
The document discusses electrical power distribution systems. It defines primary and secondary distribution systems based on voltage level. Primary distribution exists between distribution substations and transformers, while secondary distribution receives power from transformer secondaries and supplies various loads. The document also describes radial and ring main distribution network configurations and their relative advantages. Requirements for good distribution systems like continuity of supply and limited voltage variation are also outlined.
The document discusses water distribution systems and sanitary systems. It describes the main components of water distribution systems including pipes, valves, fittings and motors. It also discusses the components of sanitary systems such as traps, pipes, fittings and different plumbing systems. Plumbing systems discussed include single stack, fully ventilated stack, one pipe and dual pipe systems.
Tennant Company presented financial results for the third quarter and first nine months of 2017. Key points include:
- Q3 2017 sales increased 30.9% to $261.9 million due to acquisition of IPC Group. Organic sales grew 1.3%. EBITDA increased 35.2% to $28 million.
- YTD 2017 sales grew 21.3% to $723.8 million. Organic sales grew 1.1%. Adjusted EBITDA increased 19.5% to $70.7 million.
- Full year 2017 guidance revised adjusted EPS to $1.50-$1.70 and GAAP EPS to $1.40-$1.70 due
Tennant Company provides a presentation on its business and financials. It summarizes Tennant's vision to lead in sustainable cleaning innovation. It reviews Tennant's competitive position in the global cleaning equipment market and its broad portfolio of products. It also discusses Tennant's direct sales and service organizations, customer base, growth strategy including recent acquisitions, and financial results for 2017 including sales, EBITDA, debt, and full year guidance.
Mergers & Acquisitions and Private Label Services For The Electronic Componen...Dennis M Zogbi
A detailed description of the services offered by Paumanok IMR to the worldwide capacitor, resistor, inductor and circuit protection component markets; and their related electronic material supply chains.
Arabian American Development Company was organized as a Delaware corporation in 1967. The company’s principal business activities include developing mineral properties in Saudi Arabia and the United States and manufacturing various petrochemical products.
Trecora Resources is a specialty chemical company with two operating segments: South Hampton Resources and Trecora Chemical. South Hampton produces high-purity petrochemical hydrocarbons and has seen increasing revenues and adjusted EBITDA in recent years. Trecora Chemical produces polyethylene waxes and also has expanding revenues and profits. Trecora aims to maximize capacity utilization, improve margins, integrate the two segments, and pursue future growth opportunities through expansion projects and potential acquisitions. The company also owns a 35% stake in a zinc and copper mine in Saudi Arabia that is expected to IPO in late 2016.
- Tennant Company reported fourth quarter 2016 consolidated net sales of $211.7 million, up 2.9% from the fourth quarter of 2015. Organic sales grew 3.2% in the quarter.
- Net earnings for the quarter were $0.85 per diluted share, up 9% from the fourth quarter of 2015.
- For full year 2016, Tennant reported sales of $808.6 million. Operating profit margin was 8.5% and diluted EPS was $2.59 per share, up from 2015.
- Tennant also announced plans to acquire IPC Group, a manufacturer of cleaning equipment based in Italy, for $350 million. The acquisition is expected to expand Tennant
Plumbing is defined as the art and science of installing pipes, fixtures, and other components to bring in water and remove liquid waste from buildings. It includes water supply pipes, drainage pipes for waste and sewage, ventilation pipes, and plumbing fixtures like sinks and toilets. Historically, early civilizations like the Indus Valley, Egyptians, and Romans developed basic plumbing and sanitation systems using materials like copper, lead, and ceramic pipes. Modern plumbing systems incorporate various specialized components to efficiently supply water and remove waste from buildings in a sanitary manner.
This document provides information about plumbing systems and components. It begins with definitions of plumbing and discusses the history of plumbing from ancient civilizations. It then describes the basic plumbing components found in modern buildings, including water supply pipes, fixtures and traps, soil and waste pipes, and storm drainage. The document provides details on water supply systems, drainage systems, and plumbing fixtures and fittings. It also discusses plumbing codes and regulations from the National Building Code of India. Finally, it includes examples of plumbing system designs for apartments and case studies.
The document provides an overview of plumbing systems and utilities. It discusses the history and practice of plumbing in the Philippines, components of plumbing systems including water supply and distribution. It also covers water sources, treatment and purification methods, wells and pumps. Storage tanks, valves and controls are also summarized.
Metro Sewer and Plumbing Services Inc. has been providing plumbing services in Chattanooga since 1989. The company leads the industry in its use of technology and processes. In their first month using Cardone University for daily training, Metro Sewer & Plumbing increased their sales by 50%. The training helped establish consistent expectations and improved follow-up practices. It led to a 37% increase in average ticket size in the first 30 days and additional growth in the second month. The new training and culture also helped identify underperforming employees.
Dan and Maria Jezierski own a plumbing, heating, and air conditioning business. They started the business after Dan decided to leave his previous job due to long hours. Dan had experience in the field through an apprenticeship and working for another company for 8 years. The business has grown from Dan working alone to a 4 person crew. They have faced challenges with difficult customers and employees but overcome them through hard work and dedication. Their advice is that owning a business takes sacrifice and treating customers well through honesty.
HALIM HANI HH-SP-P0001-SanPan Plumbing Total Solution PresentationHalim Hani 08 SANPAN
This document describes Sanpan Plumbing Total Solution, which offers plumbing design, materials, installation, and maintenance. Some key points:
- Sanpan claims its approach reduces plumbing costs by 20%, material costs by 20%, installation time by 50%, and workforce by 60% compared to other plumbing companies.
- It introduces advanced plumbing engineering and systems, as well as 5 years of free maintenance.
- Sanpan's modular pre-assembled wall and shaft systems can be installed before or after tiling and do not require extra space. This simplifies installation works.
- The document provides details on Sanpan's plumbing materials, venting systems, drainage solutions, and pre-
This document provides information about a plumbing and heating company called Gaswise. It details the owner's qualifications and gas safety accreditations. It then lists the services provided, including boiler installations, servicing and repairs. It names several companies it subcontracts for and provides pictures of completed installation projects. In the conclusion it encourages referrals and thanks readers for their time.
alooma's CTO Yair Weinberger, discussed the false promise of "Exactly-Once Processing". In his talk, Yair explained why there is no such thing as "Exactly-Once Processing", and how idempotency can only get you close when implementing states in Apache Storm / Trident.
https://www.alooma.io/blog/tlv-data-plumbers-first-meetup
Plumbing presentation by Jose Anacleto SoberanoEsOj Soberano
Vitrified clay pipe is one of the oldest sewer line materials, made from clay cast into lengths and heated to over 1370°C. It is durable underground but brittle, requiring careful installation. Lead pipe was also historically used but is toxic. Galvanized steel pipe coats steel with zinc to prevent rust but is susceptible to corrosion from water chemicals over time. It is heavier than PVC but cheaper than copper. Galvanized wrought iron pipe is higher quality than steel for plumbing due to greater acid resistance.
The document provides information about plumbing systems in buildings. It defines a plumbing system as a system of pipes, drains, fittings and devices installed in a building for distribution of water and removal of wastewater. It then lists the common types of pipes used - galvanized iron pipes, cast iron pipes, unplasticized PVC pipes, and rigid PVC pipes - along with their typical diameters and properties. Finally, it describes the two main types of water distribution systems - gravity distribution systems that rely on an elevated water source, and pump and storage systems that use pumps to move water to overhead tanks.
Services report - plumbing, electrical and hvacYashna Garg
This document provides information about the water supply, drainage, and plumbing systems for a building. It discusses key aspects of water supply like pipes, valves, storage tanks, and pumps used to deliver water to fixtures. It covers water pressure and flow rates and factors that affect them. The document also summarizes drainage system components and design considerations. Additionally, it describes different types of traps and their uses in plumbing systems to prevent sewer gases from entering buildings. Finally, it lists common types of pipes used in plumbing like copper, PVC, cast iron, and their applications.
The course objectives are to familiarize students with building water supply and sewerage systems. It will cover water quality control, treatment and distribution within buildings. Students will learn about water management concepts and the fundamentals of waste disposal and sewerage system planning. They will also be exposed to relevant equipment for managing water and wastewater. The document provides details on water sources, quality parameters, distribution systems, water demands for various uses, and sewerage system components.
This document provides an overview of plumbing components and materials. It discusses different types of pipes like PEX, copper, PVC, galvanized, and brass. It also describes common pipe fittings such as couplings, reducers, elbows, unions, tees, crosses, caps, and barbs. Finally, it summarizes various valves like ball valves, gate valves, butterfly valves, diaphragm valves, globe valves, check valves, pressure balanced valves, and zone valves.
The document discusses electrical power distribution systems. It defines primary and secondary distribution systems based on voltage level. Primary distribution exists between distribution substations and transformers, while secondary distribution receives power from transformer secondaries and supplies various loads. The document also describes radial and ring main distribution network configurations and their relative advantages. Requirements for good distribution systems like continuity of supply and limited voltage variation are also outlined.
The document discusses water distribution systems and sanitary systems. It describes the main components of water distribution systems including pipes, valves, fittings and motors. It also discusses the components of sanitary systems such as traps, pipes, fittings and different plumbing systems. Plumbing systems discussed include single stack, fully ventilated stack, one pipe and dual pipe systems.
Tennant Company presented financial results for the third quarter and first nine months of 2017. Key points include:
- Q3 2017 sales increased 30.9% to $261.9 million due to acquisition of IPC Group. Organic sales grew 1.3%. EBITDA increased 35.2% to $28 million.
- YTD 2017 sales grew 21.3% to $723.8 million. Organic sales grew 1.1%. Adjusted EBITDA increased 19.5% to $70.7 million.
- Full year 2017 guidance revised adjusted EPS to $1.50-$1.70 and GAAP EPS to $1.40-$1.70 due
Tennant Company provides a presentation on its business and financials. It summarizes Tennant's vision to lead in sustainable cleaning innovation. It reviews Tennant's competitive position in the global cleaning equipment market and its broad portfolio of products. It also discusses Tennant's direct sales and service organizations, customer base, growth strategy including recent acquisitions, and financial results for 2017 including sales, EBITDA, debt, and full year guidance.
Mergers & Acquisitions and Private Label Services For The Electronic Componen...Dennis M Zogbi
A detailed description of the services offered by Paumanok IMR to the worldwide capacitor, resistor, inductor and circuit protection component markets; and their related electronic material supply chains.
Arabian American Development Company was organized as a Delaware corporation in 1967. The company’s principal business activities include developing mineral properties in Saudi Arabia and the United States and manufacturing various petrochemical products.
Trecora Resources is a specialty chemical company with two operating segments: South Hampton Resources and Trecora Chemical. South Hampton produces high-purity petrochemical hydrocarbons and has seen increasing revenues and adjusted EBITDA in recent years. Trecora Chemical produces polyethylene waxes and also has expanding revenues and profits. Trecora aims to maximize capacity utilization, improve margins, integrate the two segments, and pursue future growth opportunities through expansion projects and potential acquisitions. The company also owns a 35% stake in a zinc and copper mine in Saudi Arabia that is expected to IPO in late 2016.
- Tennant Company reported fourth quarter 2016 consolidated net sales of $211.7 million, up 2.9% from the fourth quarter of 2015. Organic sales grew 3.2% in the quarter.
- Net earnings for the quarter were $0.85 per diluted share, up 9% from the fourth quarter of 2015.
- For full year 2016, Tennant reported sales of $808.6 million. Operating profit margin was 8.5% and diluted EPS was $2.59 per share, up from 2015.
- Tennant also announced plans to acquire IPC Group, a manufacturer of cleaning equipment based in Italy, for $350 million. The acquisition is expected to expand Tennant
Tennant Company reported financial results for the second quarter of 2017. Sales increased 24.9% year-over-year to $270.8 million due to the acquisition of IPC Group. Organic sales declined 2.3% with growth of 3.1% in APAC. Gross margin, operating profit, and EPS declined due to inventory step-up costs and acquisition-related expenses from IPC. For the first half of 2017, adjusted EBITDA increased 11% to $42.8 million. Tennant expects full-year 2017 sales between $960-$990 million, EPS between $0.85-$1.05, and organic sales growth of 1-3%.
The document discusses US OCTG distributors and the debate around Tenaris's direct supply model in the US market. It summarizes a conference call with B&L Pipeco Services, one of the largest OCTG distributors, where management provided evidence that: 1) Distributors offer a high level of services to E&P companies in the US, 2) The distribution solution is the most cost-effective, and 3) Manufacturers highly value distributors. This reinforces the view that Tenaris's direct model is unlikely to succeed in the US market as distributors provide inventory management, on-time delivery services, and bring market access that benefits operators.
The document provides an analysis of the plumbing industry in the United States market. It discusses key topics such as the market overview, competition in the plumbing industry, salaries of plumbers, trends and challenges, and recommendations for digital marketing strategies. Specifically, it analyzes the plumbing market in New Orleans, identifying 7 major competitors in the region and outlining their services. It concludes that while competition is high, developing an online presence and digital marketing strategies can provide a competitive advantage.
Tennant Company presented financial results for the third quarter and first nine months of 2017. Key points:
- Third quarter sales increased 30.9% to $261.9 million and adjusted EBITDA increased 35.2% to $28 million.
- Year-to-date sales increased 21.3% to $723.8 million and adjusted EBITDA increased 19.5% to $70.7 million.
- Tennant completed its largest acquisition, buying IPC Group for $353 million, expanding its product portfolio and global footprint.
- Guidance for 2017 forecasts sales of $960-990 million and adjusted EPS of $2.20-2.40, including impacts of I
Tennant Company provides a presentation on its business and financials. It summarizes Tennant's vision to lead cleaning innovation, its competitive position in the cleaning equipment market, and its broad portfolio of commercial and industrial products. It then discusses Tennant's direct sales and service organizations globally and its broad range of customers. The presentation provides an overview of Tennant's 2016 financial results and growth strategy. It also summarizes recent acquisitions and Tennant's 2017 third quarter financial performance with organic sales growth. The presentation concludes with information on Tennant's debt levels and 2017 full year guidance.
1) The document summarizes the Focus on Europe conference for the toner and inkjet remanufacturing industry, which took place over two days at the Holiday Inn Rome Aurelia.
2) On the first day, Static Control discussed their products and services for the remanufacturing industry, including chips and components. They also discussed opportunities like managed print services and extending cartridge yields.
3) ETIRA's president and secretary general then discussed challenges from increased enforcement of patents by OEMs and new regulations from the EU, and their plans to promote the industry.
4) Speakers on the second day addressed the impact of new REACH legislation on chemicals in toner and best practices for acquiring businesses
The document summarizes Lear Corporation's first quarter 2004 earnings review. Key points include:
- Record first quarter net sales of $4.5 billion and net income per share of $1.30.
- European operations and content per vehicle continue to improve.
- The Grote & Hartmann acquisition will strengthen Lear's position in electrical distribution systems.
- Full year 2004 net income per share guidance remains unchanged at $5.55 to $5.85 despite challenges in the automotive industry.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
This document provides an overview of AirTest Technologies Inc., which develops wireless sensors to measure carbon dioxide (CO2) levels in buildings. This allows for demand control ventilation, reducing energy costs by adjusting HVAC systems based on actual occupancy rather than maximum capacity. Case studies show energy savings of 18-62% and payback periods of less than 2 years. The market potential is large, as 80% of commercial buildings do not currently measure CO2. AirTest seeks to target grocery stores, retail chains, and other facilities to install its wireless CO2 sensors and generate recurring revenue from monitoring fees.
The document is an investor presentation by Tennant Company providing an overview of the company for the first quarter of 2018. The summary is:
Tennant Company is a leading global manufacturer of cleaning solutions. In Q1 2018, Tennant saw sales increase 42.8% and adjusted EBITDA increase 94.3% compared to Q1 2017. Tennant aims to drive growth through diversifying revenue streams, maintaining technology leadership, and integrating recent acquisitions like IPC. The presentation provides financial highlights and Tennant's strategy to continue creating value for shareholders.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
This document summarizes key characteristics of monopolistic competition. In 3 sentences: Firms in monopolistic competition have differentiated but substitutable products, they set price between the monopoly and competitive levels where marginal revenue equals marginal cost to earn normal profits in the long run, and while this leads to higher prices than perfect competition it provides benefits to consumers like variety and innovation.
Ingersoll Rand uses multiple distribution channels, including a direct sales force, independent distributors, company-owned distributors (Air Centers), and manufacturers' representatives. This document evaluates distributing a new 200hp centrifugal compressor, the Centac-200, through Air Centers versus independent distributors. Air Centers are recommended because they provide better control and market penetration for Ingersoll Rand compared to independent distributors. Distributing through Air Centers would save the company $450 per unit sold and generate an additional $90,000 in margin if 200 units were sold in the $9 million market.
Similar to Presentation on Case Study "Danhart Plumbing company". (20)
This presentation by Yong Lim, Professor of Economic Law at Seoul National University School of Law, was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
Why Psychological Safety Matters for Software Teams - ACE 2024 - Ben Linders.pdfBen Linders
Psychological safety in teams is important; team members must feel safe and able to communicate and collaborate effectively to deliver value. It’s also necessary to build long-lasting teams since things will happen and relationships will be strained.
But, how safe is a team? How can we determine if there are any factors that make the team unsafe or have an impact on the team’s culture?
In this mini-workshop, we’ll play games for psychological safety and team culture utilizing a deck of coaching cards, The Psychological Safety Cards. We will learn how to use gamification to gain a better understanding of what’s going on in teams. Individuals share what they have learned from working in teams, what has impacted the team’s safety and culture, and what has led to positive change.
Different game formats will be played in groups in parallel. Examples are an ice-breaker to get people talking about psychological safety, a constellation where people take positions about aspects of psychological safety in their team or organization, and collaborative card games where people work together to create an environment that fosters psychological safety.
This presentation by Professor Giuseppe Colangelo, Jean Monnet Professor of European Innovation Policy, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
This presentation was uploaded with the author’s consent.
The importance of sustainable and efficient computational practices in artificial intelligence (AI) and deep learning has become increasingly critical. This webinar focuses on the intersection of sustainability and AI, highlighting the significance of energy-efficient deep learning, innovative randomization techniques in neural networks, the potential of reservoir computing, and the cutting-edge realm of neuromorphic computing. This webinar aims to connect theoretical knowledge with practical applications and provide insights into how these innovative approaches can lead to more robust, efficient, and environmentally conscious AI systems.
Webinar Speaker: Prof. Claudio Gallicchio, Assistant Professor, University of Pisa
Claudio Gallicchio is an Assistant Professor at the Department of Computer Science of the University of Pisa, Italy. His research involves merging concepts from Deep Learning, Dynamical Systems, and Randomized Neural Systems, and he has co-authored over 100 scientific publications on the subject. He is the founder of the IEEE CIS Task Force on Reservoir Computing, and the co-founder and chair of the IEEE Task Force on Randomization-based Neural Networks and Learning Systems. He is an associate editor of IEEE Transactions on Neural Networks and Learning Systems (TNNLS).
This presentation by Nathaniel Lane, Associate Professor in Economics at Oxford University, was made during the discussion “Pro-competitive Industrial Policy” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/pcip.
This presentation was uploaded with the author’s consent.
1.) Introduction
Our Movement is not new; it is the same as it was for Freedom, Justice, and Equality since we were labeled as slaves. However, this movement at its core must entail economics.
2.) Historical Context
This is the same movement because none of the previous movements, such as boycotts, were ever completed. For some, maybe, but for the most part, it’s just a place to keep your stable until you’re ready to assimilate them into your system. The rest of the crabs are left in the world’s worst parts, begging for scraps.
3.) Economic Empowerment
Our Movement aims to show that it is indeed possible for the less fortunate to establish their economic system. Everyone else – Caucasian, Asian, Mexican, Israeli, Jews, etc. – has their systems, and they all set up and usurp money from the less fortunate. So, the less fortunate buy from every one of them, yet none of them buy from the less fortunate. Moreover, the less fortunate really don’t have anything to sell.
4.) Collaboration with Organizations
Our Movement will demonstrate how organizations such as the National Association for the Advancement of Colored People, National Urban League, Black Lives Matter, and others can assist in creating a much more indestructible Black Wall Street.
5.) Vision for the Future
Our Movement will not settle for less than those who came before us and stopped before the rights were equal. The economy, jobs, healthcare, education, housing, incarceration – everything is unfair, and what isn’t is rigged for the less fortunate to fail, as evidenced in society.
6.) Call to Action
Our movement has started and implemented everything needed for the advancement of the economic system. There are positions for only those who understand the importance of this movement, as failure to address it will continue the degradation of the people deemed less fortunate.
No, this isn’t Noah’s Ark, nor am I a Prophet. I’m just a man who wrote a couple of books, created a magnificent website: http://www.thearkproject.llc, and who truly hopes to try and initiate a truly sustainable economic system for deprived people. We may not all have the same beliefs, but if our methods are tried, tested, and proven, we can come together and help others. My website: http://www.thearkproject.llc is very informative and considerably controversial. Please check it out, and if you are afraid, leave immediately; it’s no place for cowards. The last Prophet said: “Whoever among you sees an evil action, then let him change it with his hand [by taking action]; if he cannot, then with his tongue [by speaking out]; and if he cannot, then, with his heart – and that is the weakest of faith.” [Sahih Muslim] If we all, or even some of us, did this, there would be significant change. We are able to witness it on small and grand scales, for example, from climate control to business partnerships. I encourage, invite, and challenge you all to support me by visiting my website.
This presentation by Juraj Čorba, Chair of OECD Working Party on Artificial Intelligence Governance (AIGO), was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
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This presentation by Katharine Kemp, Associate Professor at the Faculty of Law & Justice at UNSW Sydney, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
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This presentation by Tim Capel, Director of the UK Information Commissioner’s Office Legal Service, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
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This presentation by OECD, OECD Secretariat, was made during the discussion “Pro-competitive Industrial Policy” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/pcip.
This presentation was uploaded with the author’s consent.
This presentation by Thibault Schrepel, Associate Professor of Law at Vrije Universiteit Amsterdam University, was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
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5. Danhart Plumbing is a small manufacturer of plumbing supplies located
in Toronto, Canada. It is in a highly competitive industry and therefore
must maintain an aggressive marketing posture to survive.
Danhart Plumbing is a small manufacturer of plumbing supplies located
in Toronto, Canada. It is in a highly competitive industry and therefore
must maintain an aggressive marketing posture to survive.
6. The firm’s board of directors will elect a new president, Robert Denhart.
Robert Denhart is concerned about the future of Denhart Plumbing.
Although sales rose slightly between 1988 and 1989, after tax profits
declined substantially. He also wants to be able to explain to the board
why profits have declined. He focused on the number of shares
outstanding, dividend payout and growth and ratio analysis of Danhart
plumbing.
The firm’s board of directors will elect a new president, Robert Denhart.
Robert Denhart is concerned about the future of Denhart Plumbing.
Although sales rose slightly between 1988 and 1989, after tax profits
declined substantially. He also wants to be able to explain to the board
why profits have declined. He focused on the number of shares
outstanding, dividend payout and growth and ratio analysis of Danhart
plumbing.
7. • Robert learned that the firm’s stock sold for $18 a share at the
end of 1988 and $22 a share at the end of 1989. The
accounting department had omitted the number of shares
outstanding and the 1989 dividends from the working papers
provided to him. We have to find out the amount of dividend
given to stockholder in 1989 as well as the number of shares
outstanding. Besides we need to analyze the financial
condition of Danhart plumbing. Ratio analysis will indicate
whether the Danhart Plumbing is a strong firm in this industry
as well as possible problem areas.
8. • What is the number of shares outstanding? How
much did Denhart Plumbing pay in cash dividends
in 1989?
• Is Danhart Plumbing is a strong firm in this
industry?
• Do any of its Ratios indicate possible problem
areas?
• Do the changes in ratios from 1988 to 1989 offer
evidence that the firm is growing stronger or
weaker? Which Ratios give this information?
9. • Number of shares outstanding:
• Stocks can be two types- common stock and preffered stock. Danhart plumbing
company includes only common stock. In it’s balance sheet the amount of common
stock($1 par) is $10000. So the number of shares outstanding will be 10000.
• Dividends paid in 1989:
• In 1989 Danhart plumbing company’s net income was $10560.Generally a firm
produces its cashflows from its operation. After meeting all its financial obligation it
has earnings available to shareholders, which is called retained earnings.
• Now this retained earnings can be distributed to shareholders or it can be reinvested
in the potential projects .if it is distributed to shareholder then it is called dividend.
• In 1989 Danhart plumbing company’s retained earnings increased from $10957 to
$15780.
• Dividends paid in 1989 is= 10560-4823
=$5737
10. Danhart plumbing (Ratio Analysis)
1989 1988
current ratio 1.48 2.38
Acid test 0.63 1.21
Accounts receivable turnover 16.56 28.00
Inventory turnover 5.18 6.80
profit margin 14.17% 16.41%
Gross profit margin 41.33% 39.72%
Asset turnover 1.48 1.79
Return on investment 21.04% 29.34%
Return on Equity 36.69% 47.96%
Times interest earned 18.45 16.19
price-earnings ratio 20.83 15.67
Debt equity ratio 0.74 0.63
Dividend payout 54.33% 39.16%
Dividend yield 2.61% 2.50%
Earnings per share 1.056 1.149
Dividend per share 0.5737 0.45
11. Interpretation: Plumbing-supply industry Averages for current ratio is 1.4. In 1989
current ratio was 1.48 and in 1988 it is 2.38 Both are higher than Plumbing-supply
industry Average. If we compare the time series than current ratio in 1989 is lower
than1988.
Interpretation: Plumbing-supply industry Averages for current ratio is 1.4. In 1989
current ratio was 1.48 and in 1988 it is 2.38 Both are higher than Plumbing-supply
industry Average. If we compare the time series than current ratio in 1989 is lower
than1988.
Interpretation: Plumbing-supply industry Averages for acid test ratio is 0.9. In 1989
acid test ratio was 0.63and in 1988 it is 1.21. In 1988 acid test ratio is higher than
Plumbing-supply industry Average. But in 1989 it is lower than averages which means
that the company has liquidity crisis. If we compare the time series than acid test
ratio in 1989 is lower than1988.
Interpretation: Plumbing-supply industry Averages for acid test ratio is 0.9. In 1989
acid test ratio was 0.63and in 1988 it is 1.21. In 1988 acid test ratio is higher than
Plumbing-supply industry Average. But in 1989 it is lower than averages which means
that the company has liquidity crisis. If we compare the time series than acid test
ratio in 1989 is lower than1988.
12. Interpretation: Plumbing-supply industry Averages for Accounts Receivable
Turnover Ratio is 8 times. In 1989 Accounts Receivable Turnover Ratio was 16.56
times and in 1988 it was 28 times Both are higher than Plumbing-supply industry
Average. If we compare the time series than current ratio in 1989 is lower than1988.
Interpretation: Plumbing-supply industry Averages for Accounts Receivable
Turnover Ratio is 8 times. In 1989 Accounts Receivable Turnover Ratio was 16.56
times and in 1988 it was 28 times Both are higher than Plumbing-supply industry
Average. If we compare the time series than current ratio in 1989 is lower than1988.
Interpretation: Plumbing-supply industry Averages for Inventory Turnover Ratio is
5 times. In 1989 Inventory Turnover Ratio was 5.18 times and in 1988 it was 6.80
times Both are higher than Plumbing-supply industry Average. If we compare the
time series than Inventory Turnover Ratio in 1989 is lower than1988 which
indicates inefficiency in controlling inventory levels.
Interpretation: Plumbing-supply industry Averages for Inventory Turnover Ratio is
5 times. In 1989 Inventory Turnover Ratio was 5.18 times and in 1988 it was 6.80
times Both are higher than Plumbing-supply industry Average. If we compare the
time series than Inventory Turnover Ratio in 1989 is lower than1988 which
indicates inefficiency in controlling inventory levels.
13. Interpretation: Plumbing-supply industry Averages for Profit Margin Ratio is 16%.In
1989 Profit Margin Ratio was 14.17% and in 1988 it was 16.41%. In 1988 Profit Margin
Ratio is higher than Plumbing-supply industry Average and in 1989 profit margin
reduced. If we compare the time series than Inventory Turnover Ratio in 1989 is lower
than1988 which indicates net profitability reduced.
Interpretation: Plumbing-supply industry Averages for Profit Margin Ratio is 16%.In
1989 Profit Margin Ratio was 14.17% and in 1988 it was 16.41%. In 1988 Profit Margin
Ratio is higher than Plumbing-supply industry Average and in 1989 profit margin
reduced. If we compare the time series than Inventory Turnover Ratio in 1989 is lower
than1988 which indicates net profitability reduced.
Interpretation: Plumbing-supply industry Averages for Gross Profit Margin Ratio is
30%.In 1989 Gross Profit Margin Ratio was 41.33% and in 1988 it was 39.72%. In 1989
Gross Profit Margin Ratio is higher than Plumbing-supply industry Average and in
1988 Gross Profit Margin reduced than average. If we compare the time series than
Gross Profit Margin Ratio in 1989 is higher than1988 which indicates gross
profitability increased.
14. Interpretation: Plumbing-supply industry Averages for Asset Turnover Ratio is 1.3
times. In 1989 Asset Turnover Ratio was 1.48 times and in 1988 it was 1.79 times In
1989 & 1988 Asset Turnover Ratio is higher than Plumbing-supply industry Average. If
we compare the time series than Asset Turnover Ratio in 1989 is lower than1988 which
indicates the company is not using its assets optimally.
Interpretation: Plumbing-supply industry Averages for Asset Turnover Ratio is 1.3
times. In 1989 Asset Turnover Ratio was 1.48 times and in 1988 it was 1.79 times In
1989 & 1988 Asset Turnover Ratio is higher than Plumbing-supply industry Average. If
we compare the time series than Asset Turnover Ratio in 1989 is lower than1988 which
indicates the company is not using its assets optimally.
Interpretation: Plumbing-supply industry Averages for Return on investment Ratio is
25%.In 1989 Return on investment Ratio was 21.04% and in 1988 it was 29.34% .In 1988
Return on investment Ratio is higher than Plumbing-supply industry Average but lower
in 1989.If we compare the time series than Return on investment Ratio in 1989 is lower
than1988 which indicates the inefficiency of investment.
Interpretation: Plumbing-supply industry Averages for Return on investment Ratio is
25%.In 1989 Return on investment Ratio was 21.04% and in 1988 it was 29.34% .In 1988
Return on investment Ratio is higher than Plumbing-supply industry Average but lower
in 1989.If we compare the time series than Return on investment Ratio in 1989 is lower
than1988 which indicates the inefficiency of investment.
15. Interpretation: Plumbing-supply industry Averages for Return on Equity Ratio is
10%.In 1989 Return on Equity Ratio was 36.69% and in 1988 it was 47.96% .In 1988
Return on Equity Ratio is higher than Plumbing-supply industry Average but lower in
1989.If we compare the time series than Return on Equity Ratio in 1989 is lower
than1988 which indicates company is inefficient in generating income on new
investment.
Interpretation: Plumbing-supply industry Averages for Return on Equity Ratio is
10%.In 1989 Return on Equity Ratio was 36.69% and in 1988 it was 47.96% .In 1988
Return on Equity Ratio is higher than Plumbing-supply industry Average but lower in
1989.If we compare the time series than Return on Equity Ratio in 1989 is lower
than1988 which indicates company is inefficient in generating income on new
investment.
Interpretation: Plumbing-supply industry Averages for Times Interest Earned Ratio is
12.In 1989 Times Interest Earned Ratio was 18.45 and in 1988 it was 16.19. In 1989
and 1988 Times Interest Earned Ratio is higher than Plumbing-supply industry
Average.If we compare the time series than Times Interest Earned ratio in 1989 is
higher than1988 which indicates the firm has just enough to pay off its interest
expense.
Interpretation: Plumbing-supply industry Averages for Times Interest Earned Ratio is
12.In 1989 Times Interest Earned Ratio was 18.45 and in 1988 it was 16.19. In 1989
and 1988 Times Interest Earned Ratio is higher than Plumbing-supply industry
Average.If we compare the time series than Times Interest Earned ratio in 1989 is
higher than1988 which indicates the firm has just enough to pay off its interest
expense.
16. Interpretation: Plumbing-supply industry Averages for Price/Earnings Ratio is 14.In
1989 Price/Earnings Ratio was 20.83 and in 1988 it was 15.67. In 1989 and 1988
Price/Earnings Ratio is higher than Plumbing-supply industry Average. If we compare
the time series than Price/Earnings Ratio in 1989 is higher than1988 which indicates
the current stock price is increasing
Interpretation: Plumbing-supply industry Averages for Price/Earnings Ratio is 14.In
1989 Price/Earnings Ratio was 20.83 and in 1988 it was 15.67. In 1989 and 1988
Price/Earnings Ratio is higher than Plumbing-supply industry Average. If we compare
the time series than Price/Earnings Ratio in 1989 is higher than1988 which indicates
the current stock price is increasing
Interpretation: Plumbing-supply industry Averages for Debt-to-Equity Ratio is
0.55.In 1989 Debt-to-Equity Ratio was 0.74 and in 1988 it was 0.63. In 1989 and
1988 Debt-to-Equity Ratio is higher than Plumbing-supply industry Average which
means the firm is depending on more debt. If we compare the time series than
Debt-to-Equity Ratio in 1989 is higher than1988 which indicates the firms risk is high.
Interpretation: Plumbing-supply industry Averages for Debt-to-Equity Ratio is
0.55.In 1989 Debt-to-Equity Ratio was 0.74 and in 1988 it was 0.63. In 1989 and
1988 Debt-to-Equity Ratio is higher than Plumbing-supply industry Average which
means the firm is depending on more debt. If we compare the time series than
Debt-to-Equity Ratio in 1989 is higher than1988 which indicates the firms risk is high.
17. Interpretation: Dividend payout ratio judges the amount of dividend in relation to
the company's earnings for the period. Plumbing-supply industry Averages for
Dividend Payout Ratio is 25%.In 1989 Dividend Payout Ratio was 54.33% and in
1988 it was 39.16%. In 1989 and 1988 Dividend Payout Ratio is higher than
Plumbing-supply industry Average which means the firm is paying more dividend. If
we compare the time series than Dividend Payout Ratio in 1989 is higher than1988
which indicates the firm can reinvest less amount in other project.
Interpretation: Dividend payout ratio judges the amount of dividend in relation to
the company's earnings for the period. Plumbing-supply industry Averages for
Dividend Payout Ratio is 25%.In 1989 Dividend Payout Ratio was 54.33% and in
1988 it was 39.16%. In 1989 and 1988 Dividend Payout Ratio is higher than
Plumbing-supply industry Average which means the firm is paying more dividend. If
we compare the time series than Dividend Payout Ratio in 1989 is higher than1988
which indicates the firm can reinvest less amount in other project.
18. Interpretation: Dividend yield ratio provides a comparison of amount of dividend in
relation to investment needed to purchase its share. Plumbing-supply industry
Averages for Dividend Yield Ratio is 3%.In 1989 Dividend Yield Ratio was 2.61% and in
1988 it was 2.50%. In 1989 and 1988 Dividend Yield Ratio is lower than Plumbing-
supply industry Average which means the firm’s growth rate is lower than averaged. If
we compare the time series than Dividend Yield Ratio in 1989 is higher than1988
which indicates the firms growth rate is gradually increasing.
Interpretation: Dividend yield ratio provides a comparison of amount of dividend in
relation to investment needed to purchase its share. Plumbing-supply industry
Averages for Dividend Yield Ratio is 3%.In 1989 Dividend Yield Ratio was 2.61% and in
1988 it was 2.50%. In 1989 and 1988 Dividend Yield Ratio is lower than Plumbing-
supply industry Average which means the firm’s growth rate is lower than averaged. If
we compare the time series than Dividend Yield Ratio in 1989 is higher than1988
which indicates the firms growth rate is gradually increasing.
After calculating the ratio analysis we found current ratio, Accounts receivable
turnover, Inventory turnover, Gross profit margin, Asset turnover, Return on Equity,
Times interest earned, price-earnings ratio, Debt equity ratio, Dividend payout are
higher than Plumbing-supply industry Averages for financial ratio in 1989.But these
ratio Acid test, profit margin, Return on investment, Dividend yield are lower than
Plumbing-supply industry Averages for financial ratio. Overall Danhart Plumbing is a
strong firm in this industry.
19. • Here are some possible problem area that are identified from ratio analysis:
Ratio 1989 1988
Acid test 0.63 1.21
Profit margin 14.17%
16.41
%
Return on investment 21.04%
29.34
%
Debt equity ratio 0.74 0.63
Dividend payout 54.33%
39.16
%
Dividend yield 2.61% 2.50%
20. • When we are considering the year of 1989 the firm’s have liquidity crisis.
Profit margin is lower than Plumbing-supply industry Averages for
financial ratio although the gross profit margin increased. Return on
investment is also lower than industry averages. Moreover the firm is more
reliable on debt rather than equity. The dividend payout ratio is higher so
the firm can reinvest its net income less in other sector. Last of all dividend
yield ratio is lower than expectation and it has an effect on the current
stock price.
Possible problem areas:
21. • These are the changes in ratios from 1988 to 1989 offer evidence that the
firm is growing weaker. When we are comparing the ratio of 1989 with the
ratio of 1988 we found the firm have liquidity crisis. In 1989 acid test ratio
decreased 1.21 to 0.63. Accounts receivable turnover is also decreased 28
times to 16.56 times. Inventory turnover is also decreased 6.80 to 5.18
times. profit margin is also decreased 16.41% to 14.17%.Asset turnover
ratio, Return on investment, Return on Equity decreased. Debt equity ratio
increased which means the firm is more reliable to debt.
• The dividend payout ratio is higher so the firm can reinvest its net income
less in other sector.
4. The firm is growing weaker:
22. These Ratios give this information that the firm is growing weaker
Danhart plumbing (Ratio Analysis)
1989 1988
current ratio 1.48 2.38
Acid test 0.63 1.21
Accounts receivable turnover 16.56 28.00
Inventory turnover 5.18 6.80
profit margin 14.17% 16.41%
Asset turnover 1.48 1.79
Return on investment 21.04% 29.34%
Return on Equity 36.69% 47.96%
Debt equity ratio 0.74 0.63
Dividend payout 54.33% 39.16%
23.
STRENGTHS
Their sales are slightly increasing
Skilled labor force
Stock price is increasing year to year
WEAKNESSES
Danhart plumbing is a small manufacturer of plumbing supplies
Their net operating income is gradually decreasing.
OPPORTUNITIES
Dividend policy
Dividend expectation of stockholder
THREATS
It is in a highly competitive industry
It must maintain an aggressive marketing posture to survive.
STRENGTHS
Their sales are slightly increasing
Skilled labor force
Stock price is increasing year to year
WEAKNESSES
Danhart plumbing is a small manufacturer of plumbing supplies
Their net operating income is gradually decreasing.
OPPORTUNITIES
Dividend policy
Dividend expectation of stockholder
THREATS
It is in a highly competitive industry
It must maintain an aggressive marketing posture to survive.
24. Findings:
After calculating the ratio analysis we found current ratio, Accounts receivable
turnover, Inventory turnover, Gross profit margin, Asset turnover, Return on
Equity, Times interest earned, price-earnings ratio, Debt equity ratio, Dividend
payout are higher than Plumbing-supply industry Averages for financial ratio in
1989.But these ratio Acid test, profit margin, Return on investment, Dividend
yield are lower than Plumbing-supply industry Averages for financial ratio.
Overall Danhart Plumbing is a strong firm in this industry.
Although the firm is strong in the industry gradually the firm is growing weaker
at the time of comparing the financial condition of 1989 to 1988.
25. • Higher the current ratio better it is but there is a limit to this..
• A quick ratio of more than one indicates that the most liquid
assets of a business exceed its total debts.
• Accounts receivable turnover measures the efficiency of a
business in collecting its credit sales.
• Inventory turnover ratio is used to measure the inventory
management efficiency of a business.
• A lower asset turnover ratio tells that the company is not
using its assets optimally.
• Return on equity is an important measure of the profitability
of a company.
Interpretation:Interpretation:
26. Recommendation:
• The company should focus on the general and administrative expense
because it reduces the net income of the company.
• The firm should know the expectation of the shareholder as their dividend
payout ratio is high
• The firm should increase the portion of retained earnings.
Conclusion:
The firm’s stock price is gradually increasing $18 to $22.But the net operating
income is gradually decreasing. As the firm is growing weaker the new
president should change the dividend policy. The firm should try to control
their cost. The firm is relying more on debt which is highly risky.