Wednesday, December 25, 2019
What Is So Fascinating About Essay Topics for Technology?
What Is So Fascinating About Essay Topics for Technology? The Do's and Don'ts of Essay Topics for Technology Every American should learn how to speak Spanish. Essay ought to be written in the words an ordinary person will understand. Narrative essays incorporate a story of a true event described or written in the very first individual. Probably you do, because you're hunting for assistance with your essay writing. Students need to deal with assorted science essay topics. Argumentative essay topics are so important since they are debatableand it's essential to at all times be critically contemplating the world around us. Recent argumentative essay topics that are related to society is going to do. Facts, in the long run, will always win out against how folks are feeling at a specific moment. Write about the wellness issues American population face today and attempt to persuade the reader free medicine is the very best way out. An excessive amount of money isn't a good thing. A lot of people argue whether technology has an influence on the manner that kids grow up. By way of example, in college, you might be requested to compose a paper from the opposing perspective. In this kind of situation, it's more convenient to discover ready-made essays and use them as an example. The major idea is to develop a compr ehensive essay made from introduction, body paragraphs and conclusion. Others may rather handle they research work and assignments by themselves, which is advised to be the perfect method of sorting out information to produce papers of high quality. The effect of morals from technology also features an impact on other factors like physical and societal facets of a young adolescent's life. Using technology has also reduced physical pursuits which again has given rise to different health troubles. To conclude, it is dependent on how you use technology. Information technology changes the surface of the workplace with each technological leap. How to Choose Essay Topics for Technology There's, naturally, a limit on the variety of pages even our very best writers can produce with a pressing deadline, but usually, we figure out how to satisfy all the clients seeking urgent assistance. Consider striking a balance between both and you will observe the way your life changes permanent ly. The procedure is also made simpler. Its main objective is to generate engaging and efficient learning experiences. Positive Impact although technology has many negative consequences on teenagers and youth, it's been helpful in a lot of ways. Along with having obesity being among the significant health effects from the plan of technology taking over, there are a number of other things involving health effects among young adolescents like vision and hearing troubles. One of the primary problems is obesity. Breathing issues, lung infection and obesity are among the issues that are on an all-time high as a result of increasing use of technology. The Ideal Strategy for Essay Topics for Technology Primarily, you have to choose a topic from a selection of social media research paper topics. Therefore, the topic ought to be debatable! Also, deciding on the right topic is essential. Choosing topics for argumentative essays is important for your general success. All About E ssay Topics for Technology Technology was classified into various categories with each one of them having its very own special intent. It is ever-present in our daily lives. It thus means the use of knowledge to create something to enhance life. It affects people all over the world, both positively and negatively. School should happen in the evenings. Science contributes to technology in a lot of ways. Society is becoming more and more dependent upon computers and technology for functioning in everyday life. A Society is becoming more and more dependent upon computers and technology for functioning in everyday life. SATs ought to be eliminated. Students ought to be permitted to pray in school. They lead busy lives and often forget about an upcoming deadline. All About Essay Topics for Technology Although the internet can quickly help you on any topic you require, it can also lead to you to be dependent and brainless by doing all your work for you. Now days a one may use the social media and receive any type of data which he or she requires. It is preferable to search online because it will conserve a plenty of time. It isn't possible to generate a true friend online. Internet is easily the most common instance of information technology. Technology is the usage of scientific know ledge to generate new machinery and devices that may be utilised to offer various services or can be employed further to create more devices. It is basically the application of information to build equipment and devices that can be put to different use. It has also led to the production of nuclear weapons that are a threat to the mankind.
Tuesday, December 17, 2019
A Midsummer Nightââ¬â¢s Dream Essay Order and Disorder
Order and Disorder in A Midsummer Nights Dream Order and disorder is a favorite theme of Shakespeare. In A Midsummer Nights Dream the apparently anarchic tendencies of the young lovers, of the mechanicals-as-actors, and of Puck are restrained by the sharp Athenian law and the law of the Palace Wood, by Theseus and Oberon, and their respective consorts. This tension within the world of the play is matched in its construction: in performance it can at times seem riotous and out of control, and yet the structure of the play shows a clear interest in symmetry and patterning. Confronted by the sharp law of Athens, and not wishing to obey it, Lysander thinks of escape. But he has no idea that the wood, which he sees merely as aâ⬠¦show more contentâ⬠¦The duke and his consort have had their quarrel before the action of the play begins, but Shakespeares choice of mythical ruler means the audience well knows the sword and injuries referred to in 1.2; we see the resolution of the fairies quarrel and that of the lovers during the play, and all is happy at its end. But whereas the rulers resolve their own problems, as befits their maturity and status, the young lovers are not able to do so, and this task is shared by Oberon and Theseus. Oberon orders Puck to keep Lysander and Demetrius from harming each other, and Theseus confirms their wishes as he overbears Egeus will. He is not now breaking his own law, because Demetrius cannot be compelled to marry against his will. A ridiculous parallel case of young lovers so subject to passion that, after disobeying their parents law, they take their own lives, is provided by Pyramus and Thisbe. Lysander and Demetrius laugh at the mechanicals exaggerated portrayal of these unfortunates, but the audience has seen the same excessive passion in earnest from these two. If Lysander breaks - or evades - the Athenian law knowingly, then the mechanicals break the law of the wood unwittingly. Pucks conversation with the first fairy in 2.1, makes clear that the wood is where Oberon and Titania keep their court, though they travel further afield. (Oberon, accordingShow MoreRelated Metadrama In Shakespeare Essay2636 Words à |à 11 Pages ââ¬ËShakespeareââ¬â¢s plays reflect not life but art.ââ¬â¢ Make use of this remark in writing an essay on Shakespeareââ¬â¢s use of Metadrama. nbsp;nbsp;nbsp;nbsp;nbsp;Shakespeare constantly plays with metadrama and the perception of his plays as theatre and not life with the complications inherent that in life we all play roles and perceive life in different ways. The play has recognition of its existence as theatre, which has relevance to a contemporary world that is increasingly aware of precisely howRead MoreDeveloping Management Skills404131 Words à |à 1617 PagesManagement, Human Resources, Strategy, and Organizational Behavior that helps you actively study and prepare material for class. Chapter-by-chapter activities, including built-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Kim S. Cameron UNIVERSITY OF MICHIGAN Prentice Hall Boston Columbus Indianapolis New
Monday, December 9, 2019
Assessment Of Financial Performance Of Starbucks During Fiscal Years 2
Question: What is your assessment of Starbucks financial performance during fiscal years 20052009? Assessment of the financial performance of an organization is very important for both the internal as well as external stakeholders. The management of an organization analyzes its financial performance in order to understand present financial of the company. Additionally, the information obtained from the analysis is used for planning and controlling various business activities of the organization. In order to make right decisions for achieving the organizational goals, the analysis of the financial performance is essential. The external users creditors, debtors, investors, analysts and auditor also analyze the financial performance of an organization in order to understand the trend of the past performance as well as present financial position of the company. On the basis of the profitability and solvency of the company, the stakeholders will determine their position regarding relationship with the company. In this paper, the financial position of Starbucks is analyzed for five fina ncial years between 2005 and 2009. Financial statements of Starbucks are used for analyzing the financial position of the organization for the years 2005, 2006, 2007, 2008, 2008 and 2009. Different ratios will be calculated to explain different aspects of the financial performance such as profitability, investment, liquidity etc. In this paper significant ratios of Starbucks are calculated for consecutive five years in order to assess the financial performance of the organization. Ratio Analysis Ratio analysis is a quantitative technique used for analyzing the financial statements of a company. In this method, relevant, information is collected from the financial statements: balance sheet, income statement and cash flow statement. Ratio analysis can be carried out if the profitability ratio, liquidity ratio, efficiency ratios are calculated (Epstein and Lee, 2011). In the following table, all the required ratios are calculated for the five years: 2005, 2006, 2007, 2008 and 2009. Values are in Million $ 2005 2006 2007 2008 2009 Current Assets 1209.334 1529.788 1695.5 1748 2035.8 Current Liability 1423.431 1935.62 2155.6 2189.7 1581 Current ratio 0.849591 0.790335 0.786556 0.798283 1.287666 Current Assets 1209.334 1529.788 1695.5 1748 2035.8 Inventory 546.299 636.222 691.7 692.8 664.9 Current liabilities 1423.431 1935.62 2155.6 2189.7 1581 Acid Test Ratio 0.465801 0.461643 0.465671 0.481892 0.867109 Net Income 494.37 564.259 672.6 315.5 390.8 Shareholders' Equity 2090.262 2228.506 2284.1 2490.9 3045.7 Return on shareholders' equity 0.236511 0.253201 0.29447 0.126661 0.128312 Net Income 494.37 564.259 672.6 315.5 390.8 Total Assets 3513.693 4428.941 5343.9 5672.6 5576.8 Return on Total Assets 3513.693 4428.941 5343.9 5672.6 5576.8 Inventory 546.299 636.222 691.7 692.8 664.9 Cost of Goods Sold 2605.212 3178.731 3999.1 4645.3 4324.9 Inventory Turnover Ratio 76.53854 73.05463 63.13183 54.4361 56.11425 Accounts Receivable 190.762 224.271 287.9 329.5 271 Total Sales 6369.3 7786.9 9411.5 10383 9774.6 Accounts Receivable period 10.93183 10.51239 11.16544 11.58312 10.1196 Accounts Payable 220.975 340.937 390.8 324.9 267.1 Cost of Sales 2605.212 3178.731 3999.1 4645.3 4324.9 Accounts Payable Period 30.95943 39.14833 35.66853 25.52871 22.54191 Sales 6369.3 7786.9 9411.5 10383 9774.6 Total Assets 3513.693 4428.941 5343.9 5672.6 5576.8 Assets Turnover ratio 1.812708 1.758186 1.761167 1.830378 1.752726 Long term liabilities 196.435 264.815 904.2 922 950.1 Capital Employed 2090.262 2493.321 3188.3 3482.9 3995.8 Gearing Ratio 9% 11% 28% 26% 24% EBIT 780.518 893.952 1053.9 503.9 562 interest 15.829 12.291 2.4 44.4 2.8 Interest Coverage Ratio 49.30937 72.73224 439.125 11.3491 200.7143 Gross Profit 3764.088 4608.151 5412.4 5737.7 5449.7 Sales Revenue 6369.3 7786.942 9411.5 10383 9774.6 Gross Profit Ratio 59% 59% 58% 55% 56% Net Profit 494.37 564.259 672.6 315.5 390.8 Sales Revenue 6369.3 7786.942 9411.5 10383 9774.6 Net Profit Ratio 8% 7% 7% 3% 4% EBIT 780.518 893.952 1053.9 503.9 562 Capital Employed 2090.262 2493.321 3188.3 3482.9 3995.8 Return on Capital Employed 37% 36% 33% 14% 14% Strategic Recommendations for Sustainable Growth In the above sections all relevant ratios have been calculated. Therefore, in this part, all the ratios will be analyzed in for making recommendations in order to improve the financial performance of the company in the competitive market. Profitability Ratio There are two profitability ratios which depicts the relationship between profit and revenue of the organization. Gross Profit Ratio The formula for calculating gross profit ratio is given below: Gross Profit Ratio= (Gross profit of the FY/ Revenue of that FY) X 100 From the gross profit ratio it can be understood that how much profit is generated from one unit of turnover. It also implies how effectively Starbucks has managed the production cost and carried forward it to its customers. Greater gross profit ratio implies better financial position of the organization. The gross profit margin of Starbucks is declining from 2005 to 2009. In 2009 the gross profit improved a bit from the previous year (Bamber, Braun and Harrison, 2008). Net Profit Ratio The formula for calculating net profit ratio is given below: Net Profit Ratio = (Net profit/ Revenue) X100 From this ratio, the net profit generated form unit turnover can be calculated. The major implication of this ratio is it depicts how efficiently the company has been able to generate net income after considering the cost elements. It is observed that form 2005 the net profit margin had started to decline gradually and in 2009 it improved from the previous fiscal year 2008. Efficiency Ratios Efficiency ratios are calculated to explain how efficiently the organization has managed and used its resources. Efficiency ratio includes various ratios such as accounts receivable and payable ratio, asset turnover ratio and inventory turnover ratio. Inventory Turnover Ratio The formula for calculating inventory turnover ratio is: Inventory Turnover Ratio = (Inventory / Cost of goods sold) X 365 Inventory turnover ratio depicts how many times in a year the inventory has got completely sold and again replaced. The inventory turnover ratio for Starbucks has been calculated and it is seen that the ratio is decreasing gradually. It means the sales are increasing. High level of inventory turnover ratio is not expected as it has risk of holding obsolete goods. In Starbucks, most of the inventory is consisting of perishable goods, so high level of inventory turnover ratio is not desirable (Coombs, Hobbs and Jenkins, 2005). Asset Turnover Ratio Formula for calculating asset turnover ratio is given below: Asset Turnover Ratio= Revenue / Total Assets Asset turnover ratio assists in analyzing how efficiently the organization has been using its assets in order to generate income. From the asset turnover ratio of Starbucks it is observed that in 2005, the asset turnover ratio was high but 2006 and 2007 it has declined. In 2008, the asset turnover ratio has been highest. But in 2009 the asset turnover ratio is significantly low which depicts that Starbucks has not been able to efficiently manage and use its asset (Davis and Davis, 2012). Accounts receivable Turnover Ratio The formula for estimating accounts receivable turnover ratio is given below: Accounts Receivable Turnover = (Accounts receivables/ Total Sales) X 365 The accounts receivable turnover ratio is associated with the credit period of the oragnziation. If the accounts receivable turnover ratio is high it implies that most of the sales have been made on credit. The company allows sales at interest free credit period. But the low accounts receivable collection period is desired. In case of Starbucks, it is observed that the accounts receivable collection period was increasing from 005 to 2008 but in 2009 it has declined significantly. It has a positive implication for the company (Davis and Davis, 2012). Accounts Payable Turnover Ratio The formula for calculating accounts payable turnover ratio is given below: Accounts Payable Turnover Ratio = (Accounts Payable/ Cost of Sales) *365 This ratio implies how much credit period is allowed from the suppliers to pay the money. If the accounts payable turnover period is high it means that the company is allowed more time to pay its financial obligations. It is observed that the accounts payable period is declining over the years. That means the suppliers are not allowing much credit period and most of the payment is made on cash. It is not a positive implication for the organization (Hansen and Mowen, 2000). Liquidity Ratios Liquidity ratios explain the liquidity position of the organization by analyzing how efficiently the company has managed its short term debt obligation for the given financial year. Two types of liquidity ratio are discussed in this section: current ratio and quick ratio or acid-test ratio. Current Ratio Current ratio can be calculated by the following formula: Current Ratio = Current Asset / Current Liability From this ratio the potential of the company to meet its short term liabilities is assessed. Basically, it reflects on how efficiently the company has been managing its operating cycle. The desired current ratio is greater than 1 which implies excellent financial position of the company. For, Starbucks it is observed that, the current ratio is improving gradually and in 2009 it has become greater than 1. It means that the company has the potential to meet all its short term debts and payables. It indicates that Starbucks is in a good financial position (Hart, Wilson and Fergus, 2008). Acid Test Ratio In order to calculate the acid test ratio, the following formula can be used: Acid Test Ratio= (Current Asset Inventory)/ Current Liability Acid test ratio or Quick ratio also estimates the potential of the company to meet its immediate obligations using its short term assets. But, inventory must not be sold. The desired acid test ratio is 1. In case of Starbucks, the acid test ratio is improving gradually (Neish and Banks, 2003). Investment Ratios Investment ratios are helpful in analyzing the financial performance of an organization in terms of utilizing the investment opportunities. Some investment ratios are calculated for Starbucks and discussed in this section. Return on Shareholders Equity It can be measured from the following formula: Return on Shareholders Equity = [Profit after tax ( PAT)/ Equity Capital) X100 The objective of an organization is to maximize the wealth of its shareholders. The return on Shareholders equity helps to analyze how much return is generated for the shareholders. In case of Starbucks, it has been observed that the return on equity was increasing from 2005 to 2007. Then it started to decline. In 2009, the return on equity has improved slightly (Epstein and Lee, 2011). Return on Capital Employed With the help of the following formula, the return on employed capital can be calculated: Return on Capital Employed = [Earnings Before Interest and Tax (EBIT) / Capital Employed] X 100 From this ratio it can be estimated how efficiently the capital has been utilizing by the organization. For Starbucks it has been observed that the organization has not been able to manage and utilize the capital effectively. The return on capital employed is declining continuously over the period (Coombs, Hobbs and Jenkins, 2005). Return on Assets It can be calculated from the following formula: Return on Assets= [Profit after tax (PAT/ Total Assets] It implies how effectively the organization is managing its asset and generating profit by utilizing its assets. It can be found that return on total asset has been decreasing from 2005 to 2008. In 2009, the return on assets has improved slightly (Neish and Banks, 2003). From the ratio analysis it can be recommended that: Starbucks must focus on utilizing its assets effectively for generating revenue. The net profit ratio is low as the operating costs are high. The operational activities must be improved in order to reduce cost. It is good that the current ratio is high which implies current asset is significantly higher than the current liabilities. But it is also observed that most of the current asset is unutilized, which is also not desired. In order to increase the accounts payable period, the organization must adopt a strategy in order to effectively negotiate with the suppliers. Starbucks must focus o generating more return from the asset and capital employed. Thus the return on shareholders equity will enhance. References Bamber, L., Braun, K. and Harrison, W. (2008).Managerial accounting. 1st ed. Upper Saddle River, N.J.: Pearson Prentice Hall. Coombs, H., Hobbs, D. and Jenkins, D. (2005).Management accounting. 1st ed. London: SAGE Publications. Davis, C. and Davis, E. (2012).Managerial accounting. 1st ed. Hoboken, N.J.: John Wiley Sons. Epstein, M. and Lee, J. (2011).Advances in management accounting. 1st ed. Bingley, UK: Emerald. Hansen, D. and Mowen, M. (2000).Management accounting. 1st ed. Cincinnati: South-Western College Pub. Hart, J., Wilson, C. and Fergus, C. (2008).Management accounting. 1st ed. Frenchs Forest, N.S.W.: Pearson Education Australia. https://library.corporate-ir.net, (2006).Starbucks Corporation. https://media.corporate-ir.net, (2007).Starbucks Corporation. https://media.corporate-ir.net, (2009).Starbucks Corporation. Neish, W. and Banks, A. (2003).Management accounting. 1st ed. Boston: McGraw-Hill.
Sunday, December 1, 2019
The Spanish Armada Essays (614 words) - Tudor England,
The Spanish Armada The Spanish Armada was a fleet of armed ships that attempted to invade England in the year of 1588. This Spanish Fleet had at one time been called the Invincible Armada, supposedly because the Spaniards thought it could not be defeated (World book Multimedia Encyclopedia). The Spanish Fleet consisted of over 130 ships and more than 29,000 men, most were soldiers. Many of the ships were low in weapons and experienced soldiers that could work these weapons, others were low in ammunition. King Phillip named the Duke of Medina Sidonia to command the Armada. During the 1500's the Spanish were thought to have had a dominating Navy until in 1588, when they were defeated by the English. The English received word of the Spanish's activities and armed many of its merchant vessels and added them to its warships. England's fleet was made up of about 197 ships and nearly 16,000 men, these men were mostly sailors rather than soldiers. Admiral Lord Howard of Effingham commanded the fleet and his squadron leaders were Francis Drake, John Hawkins and Martin Frobisher. Francis Drake and John Hawkins were ordered many times to raid Spanish villages and ships to acquire more riches. 2 The Spanish Armada left Lisbon, Portugal on May 30, 1588 and arrived at the English Channel on July 20. The ships were constantly battling for seven days straight. There were long-range duels and soldiers were sent to burn the enemy ships and destroy their weapons. On July 27, the Armada anchored at Calais, France. The Duke of Medina Sidonia had planned to meet barges carrying Spanish Troops from nearby Dunkerque, a port in the Netherlands (World book Multimedia Encyclopedia). Unfortunately, Dutch gunboats prevented the barges from meeting the Armada. This act doomed the fleet to failure (World book Multimedia Encyclopedia). Early in the hours of July 29, the English sent eight vessels that were packed with gunpowder and were set on fire, and they were directed towards the Armada. The Spanish were barely able to flee from the burning ships. Later that morning, the English sent 60 or so warships to attack an equal number of Spanish Galleons. The English sank two Spanish ships and damaged others severely. The crippled Armada fled to the North Sea, then returned to Spain by sailing north around the British Isles. Heavy winds wrecked many of ships off Ireland's coast, and only 67 out of the 130 reached Spain. 3 There were many deaths at the battle between the England and Spain, but the exact number is confirmed. Some deaths were from drowning, disease, but most were just from the casualties of war. The Spanish lost nearly half its fleet, during the battles with the English. Things got even worse after the battles. Spain even though they did not officially lose the battles, their country was in economic trouble. There were so many controversial issues, going on after the war, that the country just fell apart and England became a major power in Europe. Spain was very confident going into the battles and they came out the losers and that hurt them considerably. The battles contributed to the slow decline of the Spanish economy, production, and social well-being. It was becoming evident that the Spanish were not as powerful as they once were. There were revolts against the Government of Spain, lootings in villages and towns and their were several civil wars. Spain, today, is still a fairly popular country but not as nearly powerful and prosperous as they once were. The Spanish Armada's invasion on the English Channel in 1588 is and always will remain one of the most popular naval battles in history.
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