CASE STUDY: RATIOS AND FINANCIAL PLANNING AT S&S AIR 1. The calculations for the ratios listed are: Current ratio = $3‚138‚220 / $2‚162‚080 Current ratio = 1.45 times Quick ratio = ($3‚138‚220 – 1‚238‚500) / $2‚162‚080 Quick ratio = 0.88 times Cash ratio = $365‚040 / $2‚162‚080 Cash ratio = 0.17 times Total asset turnover = $20‚077‚000 / $15‚453‚900 Total asset turnover = 1.30 times Inventory turnover = $14‚985‚000 / $1‚238‚500 Inventory
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Examine the salient features of the Phillips`s Curves. How might elementary textbooks be criticised for writing ‘inflation’ on the vertical axis? Introduction Philips curve‚ named after A.W. Philips‚ has caused many fierce debates in the area of macroeconomics since the World War II. Based on the data of wages and employment in UK from 1861to 1957‚ Phillips concluded that there had been an inverse relationship between the percentage rate of unemployment and the percentage rate of change in
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University‚ UK (MBA1) Oxford Brookes University‚ UK (BSc. Hons) CICPA2 PO Box 117‚ Geylang Post Office‚ Singapore 913804 Tel: +65-83300960 E-mail: muzihemba@gmail.com Dr. K. C. Wong MBA Project Supervisor / Mentor Abstract: Qingdao Haier has been the world ’s largest white goods manufacturer since 2010. Haier has built a portfolio of unrelated diversification through mergers and acquisitions and had decentralizing its operational risks. Haier is confronting few strategic issues which might be more rational
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Canadian Women in the Workforce: 1940’s to the 1970’s The 1940’s to the 1970’s were 30 short years‚ but resulted in a huge revolutionary change to Canadian women and their place in the workforce. The women who lived during this time period fought for the rights that working women have today. Women went from working in their homes to working in stores‚ factories‚ and running the farm. There were plenty of things women had to overcome during this time‚ such as; filling in the job market during WWII
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Fashion of the Jazz Age In the 1920’s‚ fashion for all ages saw a dramatic change and began an evolution towards fashion today. Throughout history‚ evolution in fashion has corresponded with changes in culture and values. After WWI‚ a large cultural shift was seen in America. The new ideas and values that emerged were reflected in the new fashion trends of the era. In the 1920’s‚ women’s fashion reflected a growth in their independence‚ men’s fashion evolved to reflect the new aspects of a more casual
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Rock of the 80’s I’m in love with music. Everything about music is an attraction in my eyes or from my point of view. The emotional effect it has on the human mind is astonishing. For me personally‚ music has been the backbone to my very existence. The rhythms‚ harmonies‚ and melodies create such an authentic sound. Of all the music I’ve ever heard‚ there was one genre that caught my attention. The music was Rock N’ Roll. And not just any old Rock N’ Roll‚ but rock from the 80’s. On January
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References: Choi‚ C. (2014). McDonald ’s to beef up in India with Meatless Menu. Retrieved from http://www.businessweek.com/ap/2012-09-04/mcdonalds-to-open-vegetarian-restaurants-in-india Corporate Social Responsibility. (2012-2013). Retrieved from http://www.mcdonaldsindia.net/Corporate-Social-Responsibility.aspx Gordon‚ A. (2014). McDonald ’s adapts to India. Retrieved from http://www.thunderbird.edu/blog/faculty/washburn/2010/12/14/mcdonalds-adapts-to-india McDonald ’s India. (2012-2013). Retrieved from
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The Roaring 20’s There were many things that contributed to the so called “roaring “of the 1920’s. Some were things such as the economy was booming due to the nation’s wealth more than doubling‚ automobiles were made to be more affordable to accommodate the middle classes budget‚ nationwide advertising had a huge effect on socialism‚ and white collar jobs increased greatly opening up many new private businesses. The doubling of the nation’s wealth had a lot to do with the white collar jobs that were
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Gangsterism In The 1920’S “The Roaring Twenties‚”; what a perfect aphorism. It was certainly roaring with music and dance‚ but it also was roaring with gangsters. In the aspect of gangsterism‚ the thirties were also roaring. Americans in this time period tolerated criminals‚ especially those involved in bootlegging. Bootlegging is the smuggling of illegal substances. Bootlegging could have possibly been tolerated because of the recent outlaw of alcohol during this time period‚ known as the Prohibition
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Since the beginning of radio’s “golden age” in the 1940’s‚ this form of mass media has experienced many changes from different programming‚ to advertising‚ to broadcast laws‚ etc. Beginning when the first radio station‚ KDKA‚ signed on in 1920 ‚ it was quickly being picked up as a new emerging form of mass media. By the mid-20’s radios themselves were better and easier to use‚ and by 1930‚ were being purchased by the millions. Radio not only survived but thrived through the great depression. This
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