Case 4-2 NEW JERSEY INSURANCE COMPANY 1. In what ways does Mr. Somersby control the operation of the sections of his division? In what ways does top management control the operation of the law? For this case‚ two sections of Mr. Somersby‘s division were concerned. First‚ Individual Loan Section which was responsible for the legal processing of loans made to individuals and secured by mortgage on real property. 1. Operation is being controlled by evaluating the work or output of
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Current Ratio 2012 (‘000) 2013 (‘000) (Current Asset)/(Current Liabilities) (Current Asset )/( Current Liabilities) = (RM 308‚510)/RM161‚786 = RM337‚728/(RM 222‚768) = 1.91 : 1 = 1.52 : 1 The table above shows that Dutch Lady has a decreased
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Liquidity Ratios: Current Ratio = Current Assets/Current Liabilities Efficiency Ratios Asset Turnover Ratio = Sales Revenue/ (Fixed Assets + Current Assets) Profitability Ratios Net Profit Margin = (Net Profit x 100) /Sales Revenue Return on Capital Employed = Net Profit (Operating Profit) x 100 (ROCE) Capital Employed Solvency Ratios Gearing Ratio = Total Liabilities/Shareholders Equity Investment Ratios Earnings per Share
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Peter Drucker’s 4 requirements for entrepreneurial management are: first‚ a new venture must focus on the market; second‚ it must has financial foresight and especially planning for cash flow and capital needs ahead; third‚ it requires a top management team built long before it actually needs one and long before it can actually afford one; forth‚ it requires the founding entrepreneur a decision in respect to his or her own role of work and relationships. All 4 requirements pertain to the early
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states: “No one can say why the same peculiarity in different individuals of the same species‚ or in different species‚ is sometimes inherited and sometimes not; or why a child often reverts in certain characteristics to its grandfather or grandmother‚ or even to a more remote ancestor; or why a peculiarity is often transmitted from one sex to both sexes‚ or to one sex alone‚ more commonly but not exclusively (than) to a member of the same sex.” If you had the chance to explain this to Darwin‚ what
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friend should have‚ if a friend will lie to you‚ there will be no trust between you and her‚ and we all know the friendship is base on trust and true. Just imagine if your best friend is not honest‚ so she always tell you the things is not true‚ for example in a business she knows this plan will make you fail and loss a lot of money‚ but she still tell you this is a perfect plan and you listen to her‚ it will not only hurt yourself but also hurt a lot of people who is helping you‚ it might break the
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Economics‚ Management and Accountancy ------------------------------------------------- BKF 2321: Accounting for Bankers 1 and 2 ------------------------------------------------- Assignment 2012/2013 – Semester 2 ------------------------------------------------- B. Com (Major in Banking and Finance) – Year III ------------------------------------------------- Ratio Analysis Report ------------------------------------------------- Student: Kevin Galea 205891 (M) -------------------------------------------------
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However‚ It cannot give you the happiness‚ which is one of the most important part of human life. Giving‚ on the other hand‚ can do that. It is because of the fact that when a person give others something‚ they are likely to pay him back with other things‚ which can include kinds of spiritual gifts. As a result‚ the relationship between these people become better and they are likely to be happier. For example‚ a rich person donates a large amount of money to help people in one poor village; in this action
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Current Ratio Interpretation From the calculation of the current ratio it is evident that the company’s current ratio for the year 2010 is 1.30:1 ‚2011 is 1.80:1‚ 2012 is 1.54:1 and 2013 is a 1‚53:1‚ that is company’s current assets in year 2013 was Rs. 1.53 for every 1Re of current liability‚ while in the year 2012 the current asset was Rs 1.54 Re of its current liability‚ while in the year 2011 the current assets was Rs 1.80 Re of its current liability‚ and while in the year 2010 the
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Do you or someone you know donate to charitable organizations? If not‚ shame on you. Virtually everyone can benefit from charitable organizations and their mission statements. Authors of Happiness of Giving: The Time Ask Effect‚ Liu and Aaker‚ posed two valuable questions when it comes to donating to charities. “To what degree do you believe happiness is tied to volunteering?” “To what degree do you believe happiness is tied to donating money?” These questions are linked to various answers or
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