Ratios and Financial Planning at East Coast Yachts | Yacht Industry Ratios | | | Lower Quartile | Median | Upper Quartile | Current ratio | 0.50 | 1.43 | 1.89 | Quick ratio | 0.21 | 0.38 | 0.62 | Total asset turnover | 0.68 | 0.85 | 1.38 | Inventory turnover | 4.89 | 6.15 | 10.89 | Receivables turnover | 6.27 | 9.82 | 14.11 | Debt ratio | 0.44 | 0.52 | 0.61 | Debt-equity ratio | 0.79 | 1.08 | 1.56 | Equity multiplier | 1.79 | 2.08 | 2.56 | Interest coverage
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Company Overview East Coast Yachts was founded in 1969 by Tom Warren as a sole proprietorship which later became a publicly traded corporation after operations were assumed by his daughter (Ross‚ 2011). Located in South Carolina‚ the company manufactured custom midsize‚ high-performance yachts and has been praised for safety and reliability (Ross‚ 2011). The company enjoyed new business and growth within its industry due to its customer satisfaction. However‚ an evaluation of cash flows later
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CLIBE- 001 Globalization -Boon or Bane? op y Globalization which implies a shift towards more integrated and interdependent world has long been an issue of debate among countries. Globalization according to some economists is important and inevitable for the economic development of the world. But others feel that it is a threat to employment. Environmentalists fear globalization would result in deterioration in the environment and increase pollution. No tC The talks in the
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Introduction Globalization is the process by which businesses or organizations develop international influence or start operating on an international level with other countries. (Oxford Dictionaries‚ 2013) Thomas L. Friedman described globalization as three eras for simple understanding; Globalization 1.0‚ where countries globalized‚ Globalization 2.0‚ where companies globalized and last but not least Globalization 3.0 where individuals globalize. (Friedman‚ 2005) We currently reside in Globalization 3.0
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Waltman 16 April 2011 Globalization: An Improvement or a Threat? Globalization is a phenomenon in which corporate expansion around the world and economic growth comes together. This seems like a good thing. Globalization can be viewed as an improvement for society for many reasons driven by free-market capitalism. This super powered phenomenon can also be seen as a threat because it is an ideology or concept that is trying to advance the corporate agenda; in retrospect globalization is the contemporary
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Globalization Today we live in a globalized world‚ many of the things that we use are not made in our country‚ but come from elsewhere; globalization is transforming industries‚ those who believed their jobs were protected from foreign competition are now in trouble. Globalization also has their advantages‚ you can find things that before you wouldn’t found anywhere‚ there is more competition therefore there are lower prices. "Globalization refers to the shift toward a more integrated and interdependent
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Globalization in Financial Markets Robert Dalphonse‚ Nicholas Missler‚ Aashti Sindhu‚ Kurtis Young Embry-Riddle Aeronautical University Authors Note This paper was prepared for Strategic Management (MGMT 436)‚ taught by Professor Maurice Stanley. Globalization in Financial Markets Globalization is defined by Merriam-Webster’s dictionary as “the development of an increasingly integrated global economy marked especially by free trade‚ free flow of capital‚ and the tapping of cheaper foreign
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Relationship to globalization Globalization is when one idea becomes standardized around the world by transportation or other ways of communicating; in other words‚ expanding a company and making it worldwide or globalizing it. That is only one definition though; some economists believe that globalization is bad and some believe it’s doing the world a favor. Nothing good in the world is purely good‚ there’s always something bad with it. I feel like I am both a spectator and a participant when
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term globalization has obtained a high sensitive charge throughout the years. Some people consider globalization to be a benefit process‚ at the same time as inevitable and irresistible. Other people see globalization with hostility‚ even fear‚ because they believe that it causes more inequality within countries and it threatens employment and the living conditions‚ therefore hampering the social progress of a country. According to Ira Rifkin‚ in the "Spiritual Perspectives of Globalization‚" it
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The Arabs‚ Islam and Globalization June 29‚ 2006 Middle East Policy Council http://www.policyinnovations.org/ideas/policy_library/data/01324 By Dr Fauzi Najjar. Professor emeritus at the Center for Integrative Studies‚ College of Social Science‚ Michigan State University. Abstract Fauzi Najjar discusses the cultural implications of globalization for Islam as viewed by Muslims‚ in particular the Islamists‚ who express the greater suspicion of this development and‚ instead‚ seek to promote
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