Solvency ratio indicates Essay Example for Free

Solvency ratio indicates Essay The solvency The solvency ratio indicates whether a company’s cash flow is sufficient to meet its short-term and long-term liabilities. The lower a companys solvency ratio, the greater the probability that it will default on its debt obligations. Current ratio The ratio is mainly used to give an idea of the companys ability to pay back its short-term liabilities (debt and payables) with its short-term assets (cash, inventory, receivables). The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt as there are many ways to access financing but it is definitely not a good sign. Current ratios for Sports UK For year 2012 For year 2011 Acid test ratio A stringent indicator that determines whether a firm has enough short-term assets to cover its immediate liabilities without selling inventory. The acid-test ratio is far more strenuous than the working capital ratio, primarily because the working capital ratio allows for the inclusion of inventory assets. Acid test ratio for Sports UK For year 2012 For year 2011 Performance ratio Calculates a measure of a specific aspect of performance, which might involve things which you can attach a number to, or an indicator that something did or did not happen in the requited way. Ratios are very good way to measure them using only a financial record. This record bellows shows performance of sports UK. 2011 Stock turn over= 72215 = 3.05 times 23611 2012 Stock turn over= 23611 x 365 = 119.3 days 72215 2011 debt collection period = 9024 x 365 = 962 days 34212 2012 debt collection period = 9098 x 365 = 904 days 36696 2012 asset turnover= 153487 = 0.64 237028 2011 asset turnover= 159921 = 0.73 219013 Profitability ratios Measures that indicate how well a firm is performing in terms of its ability to generate profit. Those ratios measure financial metrics that are used to assess a businesss ability to generate earnings as compared to its expenses and other relevant costs incurred during a specific period of time. For most of these ratios, having a higher value relative to a competitors ratio or the same ratio from a previous period is indicative that the company is doing well. Profitability ratios of Sports UK for 2011 Gross profit margin =81272 x 100 =52.95 153487 Net profit percentage = 6741 x 100 = 43.9 153487 ROC E= 10753 x 100 = 21.9 49097 Profitability ratios of Sports UK for 2012 Gross profit margin =83199 x 100 =52.02 159921 Net profit percentage = 6742 x 100 = 39.0 159921 ROC E= 10310 x 100 = 20.9 49227

The Importance of Work-Life Initiatives Essay -- Human Resource Manage

Work causes stress. Both men and women are working, raising a family, and going to school. Previously, women in the work force would take demotions or walk away from careers when having children. Today, families rely on a dual income. With both parents working full time, while raising children, the relationship between work and home responsibilities are unbalanced. This unbalance creates stress for both the employee and the employer. Work-life balance is the need to provide a schedule that will combine work, family relationships, and leisure time into a satisfying life. Flexible work arrangements balance work and home responsibilities; which helps employees deal with stress, motivates them, and empowers. Organizations need to assess workplace culture and provide mechanisms to support work-life balance that are mutually beneficial to both the organization and the employee. Individuals each have unique responsibilities that define the meaning of work-life balance. Employees in the workforce that fulfill family and work commitments have achieved a sense of work-life balance ("The business imperative," 2009). The distinction between work and personal life used to be clear. Today, personal commitments suffer for lack of time and energy. Unfortunately, the demands of work outweigh the demands at home, because without work the home does not exist. The unbalanced work-life creates negative and disengaged employees. It costs the U.S. economy between $250 and $300 billion every year in lost productivity alone (Clifton & Rath, 2009). Organizations now realize their success directly relates to the moral of their employees. Organizations that demand complete loyalty and extensive overtime fi... ...ight%20q2%202009.pdf McMahon, C., & Pocock, B. Australian Government, EOWA. (2011). Doing things differently: Case studies of work-life innovation in six Australian workplaces. Retrieved from http://www.eowa.gov.au/Information_Centres/Resource_Centre/EOWA_Publications/University_of_SA_Case_Study/UniSA_Case%20Studies%20report_April2011.pdf Nixon, J. (n.d.). Work-life balance. In M. Simmering (Ed.), Encyclopedia of Business (2nd ed. pp. Tr-Z). Retrieved from http://www.referenceforbusiness.com/management/Tr-Z/Work-Life-Balance.html SHRM. (2011). Shrm research spotlight: Flexible work arrangements. Retrieved from http://www.shrm.org/research/surveyfindings/documents/11-workflexflier_final_rev.pdf Yasbek, P. (2004), The business case for firm-level work-life balance policies: a review of the literature. Retrieved from http://w.iaa.govt.nz/PDFs/FirmLevelWLB.pdf The Importance of Work-Life Initiatives Essay -- Human Resource Manage Work causes stress. Both men and women are working, raising a family, and going to school. Previously, women in the work force would take demotions or walk away from careers when having children. Today, families rely on a dual income. With both parents working full time, while raising children, the relationship between work and home responsibilities are unbalanced. This unbalance creates stress for both the employee and the employer. Work-life balance is the need to provide a schedule that will combine work, family relationships, and leisure time into a satisfying life. Flexible work arrangements balance work and home responsibilities; which helps employees deal with stress, motivates them, and empowers. Organizations need to assess workplace culture and provide mechanisms to support work-life balance that are mutually beneficial to both the organization and the employee. Individuals each have unique responsibilities that define the meaning of work-life balance. Employees in the workforce that fulfill family and work commitments have achieved a sense of work-life balance ("The business imperative," 2009). The distinction between work and personal life used to be clear. Today, personal commitments suffer for lack of time and energy. Unfortunately, the demands of work outweigh the demands at home, because without work the home does not exist. The unbalanced work-life creates negative and disengaged employees. It costs the U.S. economy between $250 and $300 billion every year in lost productivity alone (Clifton & Rath, 2009). Organizations now realize their success directly relates to the moral of their employees. Organizations that demand complete loyalty and extensive overtime fi... ...ight%20q2%202009.pdf McMahon, C., & Pocock, B. Australian Government, EOWA. (2011). Doing things differently: Case studies of work-life innovation in six Australian workplaces. Retrieved from http://www.eowa.gov.au/Information_Centres/Resource_Centre/EOWA_Publications/University_of_SA_Case_Study/UniSA_Case%20Studies%20report_April2011.pdf Nixon, J. (n.d.). Work-life balance. In M. Simmering (Ed.), Encyclopedia of Business (2nd ed. pp. Tr-Z). Retrieved from http://www.referenceforbusiness.com/management/Tr-Z/Work-Life-Balance.html SHRM. (2011). Shrm research spotlight: Flexible work arrangements. Retrieved from http://www.shrm.org/research/surveyfindings/documents/11-workflexflier_final_rev.pdf Yasbek, P. (2004), The business case for firm-level work-life balance policies: a review of the literature. Retrieved from http://w.iaa.govt.nz/PDFs/FirmLevelWLB.pdf

“A Martian Sends A Postcard Home” by Craig Raine Essay

In â€Å"A Martian Sends a Postcard Home,† Craig Raine uses many metaphors to describe what a Martian would see if he came to earth. In the first stanza Raine uses metaphors to describe what a Martian may think a book looks like. Raine makes reference to William Caxton, who was the first to print books in England, in the first stanza; â€Å"Caxtons are mechanical birds with many wings / and some are treasured for their markings. A book would resemble a bird when opened, the wings being the many pages, and many books have marked a spot in history or is cherished by the person reading it. In the next four lines the Martian observes the different emotions one may have while reading a â€Å"mechanical bird,† and although he’s never witnessed one actually flying, which is impossible, he notices that they are sometimes in someone’s hand. In stanzas five and six the Martian is trying to explain fog. â€Å"Rain is when the earth is television / It has the proper ty of making colours darker,† meaning when the colors are changed on a television the picture would look unclear, and cloudy even. Raine simply describes a car as a â€Å"Model T,† in the next two stanzas. Explaining a car to be â€Å"a room with the lock inside,† is a very imaginative metaphor. By writing â€Å"But time is tied to the wrist / or kept in a box, ticking with impatience,† Raine is expressing that the Martian is encountering a watch or a clock. In stanzas ten through twelve the Martian has come upon a telephone, which he describes as a â€Å"haunted apparatus,† which usually â€Å"sleeps,† and cries, or rings until it is picked up. Raine also adds the element of humor to the poem, an example is in the twelfth stanza when he writes, â€Å"And yet they wake it up / deliberately, by tickling with a finger.† The Martian believes that humans â€Å"tickle† the keypad with their fingers, when they’re making a call. â€Å"A punishment room / with water but nothing to eat,† is a bathroom. The Martian observes that â€Å"Only the young are allowed to suffer openly,† which is really when I child would be getting their diaper changed, and adults must be alone when they go to the â€Å"punishment room.† Finally, in the last two stanzas the Martian is describing the nighttime routine of humans, â€Å"At night when all the colours die / they hide in pairs / and read about themselves / in colour, with their eyes shut,† in other words at the end of the day humans close their eyes to fall asleep and dream. This poem uses a multiple metaphors to describe what a Martian would  encounter if he visited Earth. The poem is interesting to read because it requires the reader to use their imagination, the reader must think in order to figure out these everyday things the Martian is seeing for the first time, it’s somewhat of a brainteaser. It’s obvious that the Martian is seeing these things for the first time, it makes the reader wonder why a simple thing such as a watch or a clock is not found on his planet, is time insignificant were he’s from?

Shylock s Tragedy And Its Toll On Romantic Comedy

Shylock’s Tragedy and its Toll on Romantic Comedy The inclusion of Shylock in The Merchant of Venice by William Shakespeare adds a complexity not typically found in romantic comedy. Shakespeare could have made Shylock’s role a light mockery of anti-Semitism, or something to that effect, but instead he chose to create a tragedy at the center of romance and comedy. This makes for a play, which does not fit neatly into an assigned genre. Shylock’s language in this passage, reveals several things, not only about the play, but also the other characters. Through Shylock, the hypocrisy of the Christians is revealed. Shylock flips this romantic comedy on its head, and turns it into something more significant. Pauses and repetitions give†¦show more content†¦This can be seen in both the content and structure of Shylock’s lines. Intentional pauses indicate Shakespeare’s intention for an emotional reading of Shylock. Pauses and repetition in this part icular moment in the play suggest Shylock is at a loss for words, and caught up in his grief: â€Å"The curse / never fell upon our nation until now—I never felt it / till now† (3.1.78-80). Jessica’s choice to join her father’s persecutors is cruel. He pauses after this statement, perhaps because Jessica’s betrayal is the worst type of betrayal against her heritage, and against him. She causes Shylock, who has always had a hard exterior in spite of oppression and abuse, to feel the pain of his persecution. This realization deserves pause, not only for Shylock, but also the audience. For Jessica to leave her father, in this particular way, brings the mistreatment and pain of an entire nation to Shylock. Because his motivations seem somewhat convoluted at times, by greed and revenge, these moments of intentional pause allow the audience time to realize the magnitude of Shylock’s sorrow, and perhaps his true motivation. The repetition in his l anguage, demonstrates a shift in tone, from concise angry Shylock, to repetitive sad Shylock. Repetition is used throughout the play for various dramatic effects. For example, in act three, scene three Antonio