Financial and Management Accounting Case Study Example | Topics and Well Written Essays - 3750 words

Financial and Management Accounting - Case Study ExampleThe rise in inventory levels is of fact significance and it is suggested that if a proper stock management plan was put in place, the party would be able to improve its liquidity and cash black market positioning. It is also suggested that alternate sources of funding for the Companys expansion, such as debt finance and/or leasing of assets as opposed to relying predominantly on equity finance may founder a favourable impact on cling to Ltd., in terms of liquidity and otherwise.Foster Ltd. has gone through rapid expansion over the dickens years that make up the subject matter of this report. This is evident from the financial statements of the Company as seen from the fact that revenue has grown by 43.75% and the investment in machinery has increased by 60% in 2006. The Company has also increased its long term funding by drawing a 1 Million add as sanitary as making a share issue.This expansion has reaped benefits in te rms of profitability however the liquidity and cash flow position of the Company has deteriorated. The directors themselves have felt the strain and the Cash Flow Statement prepared for 2006 clearly reflects the problem. The financial statements show further signs of the cash shortage and these go out be discussed below.Overtrading is a likely cause for the Companys current unfavourable situation. This refers to the fact that the Company has expanded its sales revenue quite rapidly without securing the additional gold necessary to support the expansion.This report looks to find the underlying causes of the liquidity problem by analysing the available financial statements. Any potential causes found will be discussed and possible remedies suggested. In addition, other ways in which the liquidity position of the Company can be improved will also be considered.Foster Ltd.s Current Profitability &Liquidity/Cash flow Position As mentioned above, the profitability of Foster Ltd. has see n a commendable increase. The Gross Profit Ratio (GP Ratio) of the Company has increased from 21.88% in 2005 to 26.09% in 2006 (see Appendix). This is a significant rise. It must be noted that just because revenue increases, profitability does not increase as the damage of sales would have increased along with the revenue. However, in Foster Ltd.s case, the cost of sales has increase in a proportion quite considerably slight than that of revenue (36% as compared to 47.35%). It is because of this difference in proportions that Foster Ltd. is exhibiting higher profitability levels. A likely reason for cost of sales increasing by a lower percentage is the achievement of economies of scale. As Foster Ltd. expands and increases production, its cost per unit decreases as it begins to enjoy the benefits of bulk discounts in raw material purchases, as well as being able to spread overhead and other improve costs over a larger number of units thereby reducing the fixed cost per unit.Along with its GP Ratio, the Total Profit ratio has also increased from 8.75% to 8.99% (see Appendix). This may not be a sizable increase scarce is definitely notable. The reason for the increase in the GP Ratio not being followed through to the Total Profit ratio is that the operating expenses, and the finance and levy costs to a lesser

Strong versus weak advertising theory Essay Example | Topics and Well Written Essays - 2500 words

Strong versus weak advertising theory - Essay ExampleA case in point is Andrew Ehrenberg who advanced a controversial treatise in 1974 about how advertising works. He challenged the assumption that advertising has the capacity to change attitudes unaided, and suggested that it normally worked by beef up beliefs shaped from what are usually high level of consumer experience and awareness (Heath 2006). The argument of Ehrenberg was concentrated on the prevalent theory that advertising was a affectionate kind of persuasion, and his assumption became widely accepted among advertising agencies (Agres, Edell & Dubitsky 1990). However, it is important to take into consideration the fact that it was a period when the sales impacts of advertising were viewed by umpteen as lasting, difficult to determine even in observation and hard to predict (Agres et al. 1990).Ehrenberg had ascertained that there were 100% loyal customers in most markets, and majority of these buyers purchased more than one brand. He discovered that brand consumers had consistent stronger attitudes than non-consumers, but unable to adequately clarify how these attitudes occurred (Heath 2006). This encouraged him to challenge the central theory indoors the models of hierarchy of effects that change in attitude comes first and forces change in behaviour (Shrum 2004). He believed that advertising can build, rekindle or strengthen brand awareness, and can be an aspect that enables trial purchase (Wells 1997). However, he also visualised a protective function for repetitive advertising as reinforcing already developed repeat buying habits (Weitz & Wensley 2002 289). Afterwards, he expanded this to include split-loyal buyers, or those who habitually buy more than one brand, and identified a bring forward function for advertising as nudging or pushing split-loyals towards a larger buying percentage of one brand or an early(a) (Weitz & Wensley 2002).On the other hand, Jones disputed the influence of

Assistive Technology Essay Example | Topics and Well Written Essays - 1250 words

Assistive Technology - Essay ExampleThis paper is meant to assist local school formation educators and administrators of Clark County rail District in assessing the best type of assistive technology that will meet the ask of the district. Apart from that, this paper will also live on on how the technology will be sold among other factors of successfully incorporating the technology in learning institutions. As of 2011, the Clark County School District was the 5th in the lead school county in the U.S. It caters for the whole Clark County and Nevada along with cities such as Las Vegas, North Las Vegas, Mesquite, Henderson and Boulder City. The system also incorporates the census-designated places of Blue Diamond, Laughlin, Bunkerville, Logandale, Goodsprings, Mount Charleston, Indian Springs, Searchlight, Sandy vale and Moapa. The district is split into seven regions, and it also operates 25 Programs and Alternative Schools (Richmond, 2012). The district has partial association wi th charter institutions, and, with the exemption of offering some transport service, does non kick in any association with the private schooling institutions in the county. The school district started in 1956 when the Nevada governing body ordered consolidation of each and both state school district into 17 region school districts. This amend confirmed that 14 separate school districts in the county would become elements of the fresh Clark County School District (Richmond, 2012). Owing to the lofty number of households migrating into the Las Vegas region, the school district experienced remarkable growth in learner enrollment from the 90s to the late 2007. Many mystify issues were accepted by the supporters to assist the district cope with this growth and development. This led to the creation of new schools. From then, 2007, as many as 16 schooling institutions claim been opened. This has led to an expected and also high demand for educators to teach the rising number of studen ts (Richmond, 2012). Due to this, the county had to be innovative in locating educators to hire. They also have to be creative in recruiting educators from other countries or states within the United States. The statewide financial calamity, since 2008, has affected the School District of Clark County. The county has witnessed a decrease in the number of learners and is experiencing budgetary deficits. At the 2010 United States population census, there were 1,951,269 individuals living in Clark County, a raise of 41.8 percent since 2000. The ethnic makeup of the populace was 10.5% Black, 48.0% Non-Hispanic clean-living (60.9% White), 0.7% Alaska Native and American Indian, 8.7% Asian, 0.7% Native Hawaiian, as well as other Pacific Islander, and 5.1% from other races. The remaining 29.1%, on the other hand, were Hispanics of any race (Richmond, 2012). In 2009, the U.S. Census Bureau projected the population for Las Vegas Metropolitan Area to be at 1,902,834. The region was rated as one of the fastest growing and developing in the United States. 3.1% of the citizens in the county live with disabilities. A majority of these disabled flock use wheelchairs to move around (Richmond, 2012). It is, therefore, vital for these individuals to come up with ways of incorporating the people with disabilities into their educational system in order for them also to be competitive in todays labor market. Therefore, the type of assistive technology that this county needs is wheelchairs for their disabled citizens and

How to buy a car Essay Example | Topics and Well Written Essays - 500 words - 1

How to buy a simple machine - Essay ExampleEstimate a figure for yourself, with a range of the lowest and highest amount you, are lively to pay for the car. Under no conditions should you go out of this range as it will ensure you do not spend more than you can afford.The close step in purchasing a car is to research online for car dealers near your locality that sell the type of car you want. Searching for dealers near you is outdo(predicate) as it eases the purchasing process at a later time. Once you direct identified dealers near you that have the car that you need, contact them through the net profit or by phone and request for full details about the car including the quotation. Thoroughly go through the car details to ensure it has entirely the features you want.The fourth step entails doing further research on the price and characteristics of the car. You can go to the manufactures website to determine if the dealers are authorized dealers. Authorized dealers fly the coop to give better discounts and also give promotional products as compared to dealers who might be brokers. You must carry out further research on the prices of the car type that you want and compare its features with that of other manufacturers to determine it is of the right worth. At this stage, you must have a range for the actual car price.Once you have determined the lowest price that you can get for the car, bargain with the dealers to ensure that you get a good price. You must not fear to bargain. You can go up to the level of pitting two dealers together by sending them low quotations from other dealers. At this stage eliminate some dealers who are kind of uncooperative or have high price quotations, and single out at most three dealers who you will bargainwith later. Once you get the best prices from the dealers move to the next stepThe sixth step is where you bargain for tradeoffs and financing with the dealers. Ask for best prices for your trade and do some online res earch to determine

Capital Punishment Essay Example | Topics and Well Written Essays - 250 words

Capital Punishment - Essay ExampleSimilarly, previous shoemakers last sentences, under the judicial doctrine of precedents, explain the penalty as usual. The fact that a defendant has committed a crime that is as cruel as the death sentence means that the defendant is not justified to argue for cruelty of the sentence (Mandery 473).Life without parole is a more humane and pragmatic alternative because it achieves justice to victims and preserves humanity. In holding defendants, it eliminates them from the society and therefore reduces risks of crimes associated with the people. It therefore ensures justice and preserves morality.The position that the post assumes omits some information that could change its position on the issues. Incidence of death penalties remained high and this indicated its ineffectiveness as deterrence. Similarly, the eighth amendment is not clear on what is cruel and unusual, based on different crimes. I however agree that disembodied spirit imprisonment w ithout parole is a better alternative because it keeps criminals from the society and because death penalty proved

How Transgenics has helped to shed light on a disease model Diabetes Essay

How Transgenics has helped to shed light on a disease mold Diabetes - Essay ExampleThe technique helps in the betterment of human and animal genes, while helping r educe diseased conditions and accentuating positive features. It improves nutritional look upon in plants and advances the yield of crops. It also helps in the treatment of genetic disorders and in the study of DNA fingerprinting, which can help the forensic department in cloggy or acquitting an individual.The Recombinant DNA technique was engineered by Stanley Norman Cohen and Herbert Boyer in 1973. They published their findings in a 1974 paper entitled Construction of Biologically Functional bacterial Plasmids in vitro, which described a technique to isolate and amplify genes or DNA segments and insert them into another cell with precision, creating a transgenic bacterium. www.wikipedia.comThis technology has helped in the humankind of genetically healthy animals, who are devoid of any flaw characteristics. The genet ic errors and flaws have been replaced and altered using this technology of artificial DNA and has paved behavior for flawless genes in animals. These transgenic animals have indeed become a landmark in biological studies.They are useful in carrying forward the species, without any holy terror of becoming extinct.

The Paradigm Debate Essay Example for Free

The Paradigm Debate EssayThe heart of the debate between the quantitative and soft paradigms in search is based on the authenticity and correctness of the data gathered from each shape up. I believe that the central debate is based on which paradigm outperform portrays what is real, what is scientific and what is valid. The endless debate of these deuce approaches will stay if not for the most part of the 21st century but a few to a greater extent decades from now, since there has been slow development in the field of research methods (Mahoney Goertz, 2006). The quantitative approach says that the rigors of science, the objectivity of the scientific approach and the use of statistics will generate the truthful picture of the problem as what the research had entailed to investigate.On the other hand, the qualitative approach says that human life cannot be thought of as variables, experiments or nonetheless number because it takes out the essence of the social interaction, the emotional and mental processes involved in the experience or the behavior. In the past, the distinction between what data or variables lend itself better to quantitative approach and which data should be examined using the qualitative approach was clear (Tashakkori Teddlie, 2003). But at the moment, the rising awareness of the qualitative approach as a valid research method and the quantitative approach becoming more than cognizant of the less objective variables are in a battle to which approach will yield the most valid and truest result.In the past the quantitative approach was the only way to do research, the knowledgeability of anthropology and ethnographic researches dumbfound widened the research methodology of various disciplines (Salomon, 1991). With it was the start of the unending debate over which approach was most beneficial to the research. The idea however is a far cry from the present state of mixed methods approach, recognizing that each approach had its own merits, a different breed of research approach now utilizes the ii paradigms and calls it mixed methods approach.As a student of psychology, I am inclined to favor the qualitative approach as it is more able to provide a deeper understanding and meaning of the variables being studied, it would make more sense to me to explore how bipolar construe friendships which can never be captured by the use of a quantitative friendship scale which offers less insight to the experiences and dynamics of friendships. However, the scientific part of me wants to believe in the wisdom of objectivity and science, I have been handy under the old school experimental and behavioral psychology which gave much importance to experimentation and control of variables. This would mean that my orientation towards research is that of the quantitative fervor.Choosing which situation to favor is like asking me to choose between the devil and the deep blue see, each approach presents a different understanding of the variables under admit and I am often reminded of the nature and nurture debate which predominated the developmental psychology field. Therefore, I would rather say that I support the quantitative approach because it has been around far enough to at least become more refined to provide better measures and control for the study of variables which in the past have been questioned with regards to the validity and reliability of the results of the study (Adcock Collier, 2001).Moreover, the quantitative approach is the form mostly accepted by the scientific community and therefore is more established and more credible, although it does not mean that all quantitative researches are excellently written but that some may have sacrificed the integrity of the conduct of the research due(p) to budget constraints or a poorly designed research method (Mahoney Goertz, 2006). The quantitative approach has reached an almost cult like following and dissenters have course went to support th e qualitative approach but whichever it is, I am convinced for now that the quantitative paradigm has more sense and purpose than qualitative approaches (Mahoney Goertz, 2006).ReferencesAdcock, R. Collier, D. (2001). measuring rod validity A shared standard for qualitative andquantitative research. American Political Science Review 95 3 529-546.Mahoney, J. Goertz, G.(2006). A tale of two cultures Contrasting quantitative andqualitative research. Political Analysis 14 227-249.Salomon, G. (1991). Transcending the qualitative-quantitative debate The analytic and systemicapproaches to educational research. Educational Researcher, 20, 10-18.Tashakkori, A. Teddlie, C. (2003). Handbook of Mixed Methods in kind Behavioral Research. Thousand Oaks, CA. Sage Publications.