The Golden Ratio The golden ratio is a number used in mathematics‚ art‚ architecture‚ nature‚ and architecture. Also known as‚ the divine proportion‚ golden mean‚ or golden section it expresses the relationship that the sum of two quantities is to the larger quantity as is the larger is to the smaller. It is also a number often encountered when taking the ratios of differences in different geometric figures. Represented mathematically as approximately 1.618033989‚ and by the Greek letter Phi
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Starwood Hotels & Resorts Worldwide‚ Inc. is one of the largest hotel ownership and management companies in the world. Starwood‚ headquartered in White Plains‚ New York‚ owns‚ operates‚ franchises and manages hotels‚ resorts‚ spas‚ residences‚ and vacation ownership properties under its nine owned brands. Currently‚ Starwood owned‚ managed‚ or franchised over 1000 properties in over 100 countries and employees 145‚000 people at its’ owned and managed properties. Starwood Hotels is a fully integrated
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University of Phoenix Material Patton-Fuller Ratio Analysis There is a _$_1 million__ difference between the “unaudited” and the “audited” financial reports. The subsequent audit adjustment __increase bad debt_____expense by $__1 milion___ and changed the operating results for 2009 from _a gain to a loss_‚ as compared to the unaudited financial statements. This audit adjustment reduced _the profitability_by 1 mil_and weakens the __creditability_ of the CEO’s report to the Board in December
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BMR was Canada’s one of most popular ski resort. As the sport gained in popularity‚ BMR has expanded and modernized and in the 1980s the company added a year round four-star resort hotel and conference Centre‚ a condominium development and the Monterra golf course. By 1999 it was a four-season resort. However‚ winter sports‚ skiing and snowboarding‚ were still its dominant activities‚ accounting for approximately 65 pc of total revenue. Blue mountain resort enjoyed very good times during the 1980s
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Ratio analysis – Shinepukur Ceramics Versus RAK Ceramics Current ratio Shinepukur: From 2009 to 2010‚ current ratio of Shinepukur has increased by 0.24 because of increase in total current assets and decrease in total current liabilities. The increase in total current has occurred for increase in accounts-and-other-receivables‚ advances-deposits-and-prepayments and cash. Among these elements‚ the increase in advances-deposits-and-prepayments is significant (from 82182270 to 278773841). On the
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Important Financial Ratios in Investment Analysis Introduction Financial ratios are derived ratio numbers from the financial statements of a company. Depending on the task‚ financial ratios can serve to various purposes in accounting‚ legal‚ M&A uses‚ etc. For investors‚ financial ratios are very powerful in two ways: indentifying the company’s unique competitiveness and evaluating its stock price level. The first part helps investor find a truly valuable company and the second part helps investor
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SBM2103M financial management How to reduce the liquidity risk by improve the liquidity risk management plan for the telecommunication industry？- A case study(Vodafone) Boyang Yu /Dingnan Ouyang/Amanjot Kaur APIC Abstract: The prominence of telecoms borrowers as a proportion of the overall loan market is unusually high. This study is focus on the liquidity risk management in telecoms industry. By comparing the industry standard liquidity risk management plan‚ the conceptual plan
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1. History & Background of the Industry The very first outdoor theme park built in Singapore is Escape Theme Park. It was opened in May 2000 at the East side of Singapore‚ Downtown East‚ Pasir Ris. It has attracted over 4 million people since its opening. However due to redevelopment of Downtown East‚ Escape Theme Park was ceased on 26 November 2011. The first water theme park in Singapore was Wild Wild Wet. It opened in June 2004 at the same location as Escape Theme Park. Wild Wild Wet has received
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Accounting and Finance: Managerial Use February 19‚ 2011 Class Project: Ratio Analysis The gross profit percentage is one of several key measurements a company uses in evaluating its financial performance. It helps a company to see what percentage of its earning after costs (for products and/or services) is profit. A higher gross profit percentage is generally preferred as it provides the company with financial resources to pay for research‚ product development‚ and other costs
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1. Intoduction Spratly Islands is made up of over a 100 islands‚ shoals and reefs. The land area is less than 5 square kilometers right at the center of West Philippine Sea. So why do regional players such China‚ Taiwan‚ Vietnam‚ Malaysia‚ Brunei and the Philippines squabbling over it? And what is the interest of the United States of America in the issue? The simple answer is the potential for oil and natural gasoline in the area. The more complex geopolitical answer is power projection.
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