In the seven years (since 1994), that Lou Gerstner has reigned over IBM, the company’s earnings per share have increased an average of 27% per year. This remarkable increase in earnings, has not gone unnoticed by the securities markets. Indeed, the company’s market value has grown from less than $30 billion to over $200 billion during this period. Use the following financial statement data to: 1. Decompose IBM’s ROE and discuss the factors (and trends) that contribute to Big Blue’s profitability 2. Evaluate IBM’s Revenue growth, Receivables, and Gross margins and over the period (be sure to control for seasonality in your evaluation) 3. Evaluate IBM’s Earnings per Share (basic), and Identify the factors most responsible for the increase in IBM’s earnings Write your answers in standard English. Be specific in your references, provide details of your computations, and be thorough in your explanations – I cannot read your mind.…
References: Ehrhardt, Michael C. and Eugene F. Brigham, Corporate Finance: A Focused Approach, 4th ed., New York Southwestern, 2011.…
Sometimes in life when we have an experience that deeply affects us, it can change our whole perspective. The story “The Thing in the forest” is a example of how this can happen. The two main characters Penny and Primrose meet when they are children and share a horrific experience in the forest. Then by chance meet back at the scene and briefly reassure one another that what happened really did happen. But their contact ends there once again almost as if seeing each other was too uncomfortable. Then oddly enough both women end up going back to the forest looking for some kind of resolve. In “The Thing in the Forest” the two little girls encounter a terrifying creature that profoundly affects their sense of reality; this results in similar personal traits and shared sense of searching for what’s real despite that they never talk of it.…
In her essay, Colier argues that the circus is an act of violence for the animals. She states that wild animals do not naturally flips, juggle, jump through…
The Forest People, which is written by Colin Turnbull, is about the Pygmy tribe and the way that they live. The author explains that the Pygmies are semi-nomadic people that rely on their surroundings to live. Additionally, they have become adapted for the life in the forest. The study is located in the “dark forest”, which is Belgian-Congo. The Pygmies that live in this area are very captivated in magic.…
“I remember tears streaming … your face … I said I'll never let you go … all those shadows almost killed your … … you said don't leave me … alone But … that's dead and gone … tonight.” Strikes of swift white light struck innocent trees, as wind howled and rain battered against the shield that separated me from the outside. One foot, two feet, I stepped out from the safe haven, like a Cobra, pounding against it protective shell, awaiting to spread its deadly poison. My face was a river, water tumbled from the top of my head to the bottom of my chin.…
Zachary WilhoitDr. Anna TeekellEnglish 11011 September 2014No one likes the U.S. Forest ServiceBill Bryson’s A Walk In the Woods is a book about Bryson and his partner Katz hiking the Appalachian Trail. In the book, Bryson talks about many controversial issues pertaining to the Appalachian Trail and states his opinion one them. The one that really aggravates him are the jobs that the National Forest Service does, or from Bryson’s point of view don’t do.…
The creator of the cartoon uses pathos to exemplify what society is addicted to. The author presents a man injecting himself with various types of “drugs”. The “drugs” in the syringes represent the items that society believes are “essential” to live with. For example, one syringe says a Bigger House. Another syringe says a Sleeker Stereo. In addition to all the syringes on the table and in the background, the facial expression of the man help create an emotion of being overwhelmed and desperate to continue injecting themselves with these essential needs. The image overall represents how society is lost in trying to obtain what the purpose of life is through materialistic needs instead of discovering life through simplicity.…
The Forest People The forest people is referring to the pygmies of Africa. They live simple yet, complex lives. We might view them as less complex because of how small their population is. However they have rules and ways to achieve higher status than others.…
People for the Ethical Treatment of Animals (PETA). (2012). Circuses. Retrieved November 7, 2012, from http://www.peta.org/issues/animals-in-entertainment/circuses.aspx…
Before Grimm, before Supernatural, and even before Wicked, there was one “reimagining of classic fairy tales with interwoven plots and grey scale characters” and that was Into the Woods by Stephen Sondheim. Sondheim uses four familiar stories to set the scene for his overarching plot allowing him to concentrate on jokes and creating new relationships between old characters. He also uses familiar characters in ways that blend categories. Through much of act one every character is stock through and through, yet by the end of the play our dashing prince charming has become an unapologetic adulterer, and the wicked old witch becomes an anti-hero. In addition to plot and character Sondheim pays special attention to his musical numbers; just from the first number we understand the characters relationships to one another, their motivations (having children, going to the festival, visiting grandma, and not starving), and we’re introduced to the play’s key metaphor: the woods. While these aspects were vital to the performances success I will be concentrating on the diction and acting.…
Arthur Koestler once said, “Nothing is more sad than the death of an illusion” (Koestler). This quote represents The Benzini Brothers in full force. The hard truth is that the bright and unique shows many pay to see is nothing but a devious scandal, full of lies. The Benzini Brothers’ circus appears glamorous and exciting, even magical at times, but in reality the enchantment of the circus is all a fabrication for what the workers actually live through.…
lines like the Indian sign of lightning, not from laughing but from war and talk…
spirit, and an ultimate fear of failure that seems to reflect something personal. Set in a…
The time something unexpected happened to me was last deer season; it just happened out of nowhere. It was the scaires thing that ever happen to me in the woods. This unexpected event happen to a couple of people I know.…