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Sunday, May 24, 2020

Can Researchers Identify Sea Turtles Through Photo...

Article 1- Investigating the viability of photo-identification as an objective tool to study endangered sea turtle populations 1. The question that the researchers are trying to answer is whether photo-identification is a sensible practice to research endangered sea turtles. Their hypothesis was that people would be able to accurately, reliably, easily be able to distinguish individual sea turtles using natural markings. The researchers’ prediction is that if people use photo-identification then they will be able to determine individual sea turtles by matching the markings in the picture to the sea turtle. 2. For the experiment, first, an expert observer is tested on her matching abilities of the photos to tagged turtles with and†¦show more content†¦5. I feel like photo-identification of sea turtles could completely change how sea turtles are studied now. From the results of the expert observer, after naà ¯ve observers are trained turtles can be accurately and easily identified. It would also avoid the problems of broken tags or harming the turtle but still be able to observe the turtles. This experiment will help science because photo-identification will be a stable tool to study turtle population, ecology, behavior, and conservation data. Article 2- Recent changes in the diet composition of common minke whales (Balaenoptera acutorostrata) in Icelandic waters. – Consequence of climate change? 1. The question that the researchers are trying to answer is why the diets of minke whales changed. Their hypothesis is higher sea temperatures caused minke whales diets to change. They predict that rising water temperatures caused the preferred food source of minke whales to decrease therefore causing the minke whale’s diet to change. 2. The basic experimental design was that over 5 years researchers caught minkle whales and within 3 hours of death, analyzed the diet of the whale. They found the volume and weight of fore-stomach, verified what species the whale had eaten, and determined how frequent a species was eaten. The responding variable is the species found in the whale’s diet that yearShow MoreRelated_x000C_Introduction to Statistics and Data Analysis355457 Words   |  1422 PagesJessica Perry Project Manager, Editorial Production: Jennifer Risden Creative Director: Rob Hugel Art Director: Vernon Boes Print Buyer: Karen Hunt Permissions Editor: Isabel Alves Production Service: Newgen–Austin Text Designer: Stuart Paterson Photo Researcher: Gretchen Miller Copy Editor: Nancy Dickson Illustrator: Jade Myers; Newgen–India Cover Designer: Stuart Paterson Cover Image: Paul Chesley/Getty Images Cover Printer: Courier Corporation/Kendallville Compositor: Newgen–India Printer: CourierRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pagescase study or Illustration 2.3 on The Steel Industry could be used. Some cases are written entirely from published sources but most have been prepared in cooperation with and approval of the management of the organisation concerned. Case studies can never fully capture the richness and complexity of real-life management situations and we would also encourage readers and tutors to take every possible opportunity to explore the live strategic issues of organisations – both their own and others. TheRead MoreCost Accounting134556 Words   |  539 Pagesactivities that customers perceive as adding utility to the goods or services they purchase. Nonvalue-added activities do not add value to the goods or services. 1–4. Differential costs are important for managerial decision making, but other cost data can provide management with additional important information. For example, inventory values and costs of goods sold are important for income tax and financial reporting purposes as well as for most bonus and cost-plus contracting purposes. Cost s for performance

Thursday, May 14, 2020

California Essay examples - 629 Words

ENVS 331 SPRING 2013 FINAL EXAM STUDY QUESTIONS 1. In basic terms, what is the difference between imperialism of the â€Å"traditional† European variety and the â€Å"neo-imperialism† practiced by the US during the 20th century? 2. How did World War II contribute to the end of European imperialism (consider the phenomenon of â€Å"imperial overstretch,† which you should be able to define)—and enable the expansion of US influence overseas? (Consider the impact of World War II on the European imperialist economies; the impact of World War II on the US economy and its military power. ) 3. What basic economic problem in the newly independent post-colonial countries was foreign assisted development intended to address? (Hint: savings.)†¦show more content†¦Give an example. In class we explained that some NTBs are simply ploys to protect domestic producers from legitimate competition. On the other hand, certain types of NTBs (such as standards that specify how a certain product must be produced) are defended by environmentalists and social justice advocates. Why? Give an example. 8. Explain how the policymaking power is distributed among the countries that belong to the World Bank and IMF. 9. Review Klein, Chapters 2 and 3. She explains the influence of US economists, especially Milton Friedman, in designing development strategies, and of the US in installing or supporting governments that would carry them out in several countries that had been pursuing a ‘middle’ development path of ‘regulated’ capitalism in which the state played a large role in supporting social welfare and the development of local businesses. You can expect test questions on this material, including the role of the US in ‘regime change’ in these countries, the role of US-trained economists afterward, and the path that these countries were supposed to pursue. 10. NAFTA is a ‘prototype’ of new generation ‘trade’ agreements, which address investor rights to challenge government regulations. The Sierra Club’s 2009 article on the environmental consequences of NAFTA gives an excellent summary of the criticisms of NAFTA, including those pertaining to the investor rights provisions of the treaty, atShow MoreRelatedCalifornia Drought : California And Alaska1440 Words   |  6 PagesCalifornia Drought California is the state located in southwest of the North America and is the third largest state beside Texas and Alaska. California is well known for its sunny and friendly weather. Other than that, abundant job opportunities, great education, and rich culture draw many resettlers not only Americans moving from other states, but also immigrants resettling here from all over the world. Large population will certainly increase the demand of water and food to fulfill the basic humanRead MoreCalifornia, California The Fresh Water1363 Words   |  6 Pagesit is salt water, frozen, or in some way unattainable (Santa Clara Valley Water District, 2016). Humans have found many different ways to obtain this 1 percent of fresh water they need, but the techniques vary depending on location. In San Jose, California the fresh water is obtained through 3 major sources: groundwater, imported surface water, and local mountain surface water. These 3 sources contribute different amounts of water to t he San Jose community but their contribution can vary due to factorsRead MoreDrought in California The drought in California has seriously impacted California in a negative700 Words   |  3 PagesDrought in California The drought in California has seriously impacted California in a negative way and will continue to impact California negatively if it continues. Drought in California has always played a huge part in California’s geography and without action to help prevent the affects of long lasting droughts California will continue to suffer severe negative effects, which can lead to serious negative impact on the rest of the country as well. Drought has been occurring in California even beforeRead MoreThe Future of California1649 Words   |  7 PagesThe future of California is pretty good, for the state is projected to see growth in almost every sector of the economy as well as the population, but there are many concerns that must be addressed first in order to see California’s growth come to fruition. International trade and business is one of California’s largest industries and it’s expected to continue increasing, for many emerging economies are also located off of the Pacific Ocean. Growth in the economy is good, but requires resources thatRead MoreCalifornia Gardens, California And The East Bay Area1799 Words   |  8 PagesIf you live in Oakland, California, you know that the weather is mild and temperate. Some might say we have the perfect weather. Of course, these great weather conditions give us the ability to have easy to care for gardens with a variety of low-maintenance plants. This is your guide to growing a garden in Oakland, California. What to Plant It s always best to try and use as many indigenous plants, or plants native to your area, when planning a garden. Using native plants makes gardening muchRead MoreThe Shortage Of Water For California866 Words   |  4 Pagesregarding the ongoing in drought in California. Scholars argue when the exact start of the drought was, but I believe that it started in 2007 because rainfall has fallen below average since then. Droughts occur because the quantity demanded of water does not meet the quantity supplied which leads to a shortage. The drought has impacted not only everyone in the state, but also the ecosystem. While there are many reasons why there is a shortage of water in California; today I will touch on three of themRead MoreThe Natural Disaster Of California1641 Words   |  7 Pagessocietal problems can be easy to identify such as a rise in crime or the effects of a natural disaster such as an earthq uake. There is a natural disaster that is currently facing the state of California in particular which is much harder to overcome – the drought. According to state government officials, California is experiencing one of the driest decades in recorded history and the drought is so severe that the governor, Jerry Brown, declared a state of emergency in 2014 because of it. Since the stateRead MoreThe Transition Of The Mexican California Essay1084 Words   |  5 Pagesharsh reality for Mexican California. The transition from colony to republic proved to be a difficult one. Although the era of independence can be described in so many words, it is important to acknowledge the unstable, vulnerable, exploitative aspects of Mexican California. Drifting from Spain caused detrimental consequences for Mexico. The republic lost more than half of its territory, suffered from economic instability, and endured class conflict. Mexican California, like other areas of ColonialRead MoreA Report On California Drought1041 Words   |  5 PagesSpeech Debate,P.1 9 December 2015 California Drought Here in the desert we all know it’s a very dry place. You may also know that California is in a drought as well and the dryness of our area has resulted in many continuous disadvantages. People are conserving water as much as they can but maybe some of you out there are not doing your part in saving our water and I am here to tell you it is so simple! But first, let me provide some facts on the drought in California that should help you realize theRead MoreThe Issue Of Simmering California904 Words   |  4 PagesSimmering California In a recent survey by the University of Southern California nearly 75 percent of voter state that â€Å"relations between people of different races were â€Å"good† or â€Å"excellent† in their own neighborhoods† (Abrams). Yet these same participants agree that black men and woman face more discrimination than any other race. Though racial discrimination in California has mitigated considerably over the years it is still a major problem. The peak of racial tensions occurred early on in California’s

Wednesday, May 6, 2020

Dual Credit Thesis - 3720 Words

Chapter Four Results Introduction This chapter presents the statistical results of the correlational study of the relationship between students and college persistence who were enrolled from partnering high schools (Clay County, Corbin, McCreary County, North Laurel, South Laurel, and Whitley County) and the dual credit program. The study theorized that the provision of dual credit programs to participating high schools would affect the students’ choice to attend an institution of higher education or not based upon participation levels in dual credit classes. Furthermore, the study assumed that a relationship will exist in the grade point average earned and dual credit participation. The study was designed to test the assumptions†¦show more content†¦Table 2 represents the results which portrays no difference in the groups, (F [1,154] = 136.6, p .01) where the p value is 5.43. This means that the groups are not statistically different and there is no relationship between the number of dual credi t hours earned and college persistence. Table 2 Source of Variation SS df MS F P-value F crit Between Groups 4268.308 1 4268.308 136.592 5.43E-23 3.902553 Within Groups 4812.282 154 31.24858 Total 9080.59 155 Research Question #2: â€Å"What relationship exists between the grade point average earned in dual credit courses and college persistence?† An Anova test was used to compare the GPA earned and college persistence. Table 3 represents the results which portrays no difference in the groups, (F [1,154] = 643.02, p .01) where the p value is 7.57. This means that the groups are not statistically different and there is no relationship between the GPA earned and college persistence. Table 3 Source of Variation SS df MS F P-value F crit Between Groups 195.2387 1 195.2387 643.0247 7.57E-57 3.902553 Within Groups 46.75832 154 0.303625 Total 241.997 155 Research Question #3: â€Å"Does a relationship exist between dual credit enrollment and English courses?† An Anova test was used to compare the GPA earned and college persistence. Table 4 represents the results which portrays no difference in the groups, (FShow MoreRelatedGraduation Speech - Original Writing893 Words   |  4 Pagesnext year. I wanted to be as prepared as possible to face the new challenges coming my way. I did not want to find myself struggling to write multiple papers for multiple classes in a limited amount of time. I decided Dual Enrollment would be my best bet; and obtaining some college credit wouldn’t hurt either. I strongly believe I have achieved the goals I set for myself. The evidence is presented in this portfolio which includes a collection of papers I wrote throughout the year. These pages displayRead MoreAnalyzing An Advertisement Of My Choice From A Magazine847 Words   |  4 PagesThis semester I took dual enrollment English Composition I. Not only did this class give me college credit, it strengthened my writing skills as well. I was challenged to write a variety of essays that focused on different writing styles. The first essay I was asked to write was an advertisement analysis. In this essay, I had to analyze an advertisement of my choice from a magazine. I chose to analyze an advertisement for the Toyota 4Runner. When my teacher first mentioned a thesis, I had no idea whatRead MoreThe Central Theme of Southern History by Ulrich B. Phillips Essays1618 Words   |  7 Pagescircumstances in which Ulrich B. Phillips wrote his 1928 essay, â€Å"The Central Theme of Southern History.† In this treatise he set forth a thesis which on its face is not revolutionary: that the cause behind which the South stood unified was not slavery, as such, but white supremacy. Over the course of fourteen elegantly written pages, Phillips advances his thesis with evidence from a variety of primary sources gleaned from his years of research. All of his reasoning and experience add weight to hisRead MoreA Picture Of The Water Cycle799 Words   |  4 Pageslearning science initially sparked at the tende r age of eight and it continues to burn brighter every single day. Throughout my academic career I continuously challenged myself regardless of how difficult the situation was. As an undergraduate I pursued dual bachelors of sciences degrees in both biology and psychology with chemistry minor. My thirst for science did not stop there; throughout my undergraduate studies I was a student researcher in many research projects. I am most interested in the relationshipRead MoreOverview Of Osteogenesis Imperfecta844 Words   |  4 Pagesexperience as it relates to your continued training in research. I graduated from ASMSA, an institution under the University of Arkansas system, and received several hours of dual credit from classes taught by PhD professors. Thus, I am entering my first year of college as a junior, but with no gpa as it did not transfer. For my senior thesis at ASMSA, I worked at the University of Arkansas for Medical Sciences (UAMS) under Dr. Roy Morello during the summer after my junior year on the expression of OsteogenesisRead MoreThe Revolutionary War1664 Words   |  7 Pagesissuing of national bills and credit. The idea was that this bank run by Robert Morris would act as the monetary agent of the US government which was needed to help deal with the funding of the Revolutionary War. Prior to the ratification of the Articles of Confederation Perpetual Union in 1781, only the thirteen states had the sovereign power to issue their own bills of credit. Therefore before the ratification it was State Chartered banks that were providing the credit for the wa r, through theRead MoreSocial Class in the United States Essay1673 Words   |  7 Pagesplacement of one into social class, or the ability to move upward in class, even though the education one receives is largely based on the social class one is in to begin with (APA). Family structure is also affected by social class. With the increase in dual earner couples, defining social class among husbands and wives is more difficult than ever (Scott and Leonhardt). Parental values also differ among the classes, as parents often bring their occupational values and attitudes home with them (HughesRead MoreReflection Paper On Reflection1076 Words   |  5 PagesFinal Exam With only 18 weeks into school, I am personally thankful for how much I have grown in composition writing. Going into Dublin Scioto High School’s dual credit program, I only knew how to write short story analysis papers, or your run-of-the-mill story reflection. After hearing I would have wrote a total of 5000 words minimum, I was left flabbergasted. Nevertheless, the challenges faced when writing these papers gave me an abundant amount of knowledge in transitional word use, and finallyRead MoreScriptpad1373 Words   |  6 PagesRÃ… «nanga o NgÄ i Tahu from 2007 until 2011, and before that managed NgÄ i Tahu’s historical Treaty settlement process. He has held various positions across his career, ranging from union representative in the freezing industry to founding member of a credit union to owner of a plant nursery and farm forestry contracting business in Northern Southland. Anake has experience in management and organisational leadership and is particularly interested in the use of strategy to align environmental, institutionalRead MoreThe Battle for Capital of US Equities and Bond Yields1722 Words   |  7 Pagesimportant implications for the conduct of monetary policy, because the efficacy of changes in interest rates on real economic activity will vary depending on whether investors are focussing on inflation or deflation. What Will the Fed Focus On? The dual mandate of the Fed means that the unemployment and inflation data used to assess the appropriate policy stance will not be totally â€Å"real time.† The Fed will monitor wage inflation during the course of 2014 as a means of cross-checking labour market

Impact Of Mexican Cuisine On National Identity - 2264 Words

The Impact of Mexican Cuisine on National Identity Authentic, traditional Mexican food is thought to be a product that was developed by the Mayan Indians. Food was first hunted and gathered so that it was then cooked on ceramic pots or iron skillets over open fires. This ritual was fundamental for the natives. They needed to obtain their food and prepare it in this way so that they could eat. This exemplifies the idea that the preparation of food is not only symbolic of having a meal to eat, but also of nature being transformed into culture. Additionally, everyone has a deep personal connection with the simple act of eating because what one person prefers to eat might be different for another individual. As individuals, we are each born into a culture that most likely has a cuisine different from what others prefer or are accustomed to. All of our palates are distinctly unique. To provide an example of the aforementioned, the Spanish invaded Mexico in the 16th century, and they broug ht along with them their own kinds of foods, with wheat holding a particular importance. The Spaniards made attempts so that Mexicans too would have the same liking to wheat as they did, but the reality was that Mexico had a strong attachment to corn. And while the introduction of wheat caused corn to be thought of as nutrient deficient, Porfirian intellectual elites later found that their maize was as equally healthy. Food matters, especially in the context of Mexico. It had always beenShow MoreRelatedFood And Eating : Some Persisting Questions Essay1560 Words   |  7 Pageson the social changes and effects of specific foods. Brandes focuses on the cultural impact of specifically maize on the European diet, noticing that most Western Europeans shunned it. 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They are proud of its natural beauties- the mountains, rivers, and forests- andRead MoreThe Search For Lo Mexicano1930 Words   |  8 PagesThe Search for Lo Mexicano What does it mean to be truly Mexican? Perhaps it is to know the origins of history, race, biological conditions, and culture, or perhaps it means to be free from artificial facades and subconscious complexes so that it becomes possible to find true authenticity, as philosopher Samuel Ramos has explained. The identity of Mexico and the discovery of what lo mexicano means is something that has been pondered about by many. It is difficult to answer this question with a definiteRead MoreMy Family As A Multi Cultural Community1290 Words   |  6 Pagespossessed different cultural backgrounds, parental upbringings and dissimilar beliefs. My closest friend in grade school was a multi-racial girl named Kika Jackson and she was she was Mexican, and African American. Kika had a large family which consisted of her Mother, Father and five siblings. Altschul (2011) discloses that Mexican Americans are by far the largest and fastest growing population of Latinos in the United States, accounting for 65% of U.S. Latinos and 9.7% of the entire U.S. population. DespiteRead MoreImmigrant Influence On Culture And Society1010 Words   |  5 Pagescomes to mind is the food. The United States has so many different kinds of foods because of immigration. As mentioned in The Influences of Immigrant Cultures on American Cuisine, â€Å"Primary among the influences has been the introduction of immigrant cultures into the â€Å"Great American Melting Pot† resulting in an eclectic cuisine unique in the world for its diversity and surprising homogeneity† (2011, 11) . All Immigration in the United States has been influenced by many cultures, for that it was calledRead MoreMexican Cuisine And Its Effects On American Culture1854 Words   |  8 PagesPeru is different than other Latin American countries because of its immense diversity. Immigrants from all different origins, come together and contribute something special to the original Peruvian culture and cuisine. In Peru, each group of people is different. However, when they arrive in the United States, they are seen as Peruvian. These Peruvians are identified by their country, rather than what region they come from. When they come to America the fear and anxiety of assimilating to a foreignRead MoreImpact Of Globalization943 Words   |  4 PagesImpact of Globalization Jan Aart Scholte states that ‘Some people have associated globalization with progress, prosperity and peace. For others, however, the word has conjured up deprivation, disaster and doom.’ Globalization is truly a complex phenomenon. It indicates that the world today is getting smaller because people from all around the world are interconnect than before. Globalization is driven by a combination of economic, technological, sociocultural, and political factors. In this paperRead MoreA Journey Back Home At Home957 Words   |  4 Pagesbetween the Pacific Ocean and the South China Sea. This country consists of 7,100 island; of which three of them are the largest. 1. Luzon – the largest and most populous island. This is the economic and political center of the nation. This is the National Capital Region in which Manila; the country’s capital is located. 2. Mindanao – this is the second largest island where several tribal groups exist. These people are still very conservative and traditional in so many ways. It is the part of PhilippinesRead MoreAn Allegorical Reflection on the Mexican Revolution4344 Words   |  18 PagesReflection on The Mexican Revolution Gender, Agency, Memory, and Identity in Like Water for Chocolate Leah A. Cheyne, barwench99@hotmail.com April 30, 2003 Alfonso Arau’s Like Water for Chocolate (1993) can be read as an allegorical examination of the Mexican Revolution, tracing the effects of the conflicting ideologies underlying the revolution through the displacement onto the family structure. At once removed and central to understanding the narrative, this portrayal of the Mexican RevolutionRead MoreChipotle18199 Words   |  73 PagesPrepared for: Chipotle Submitted By: December 14, 2011 I. Introduction to Chipotle Introduction Chipotle Mexican Grill is a leading force in its commitment to buy food from sustainable sources that do not have a negative impact on its menu pricing. Besides leading the way in the fast casual dining experience, it also supports farming initiatives that develop and practice best standards. Chipotle is also active in its environmental commitment to working to reduce its carbon footprint

Accounting Financial Report

Question: Describe about financial performance, financial Position and limitation of financial statements and ratio. Answer: Introduction The retail chain of Next was launched in the year 1982 and the initial store was opened that contained stylish clothes, shoes, as well as accessories for females. Soon after that, the collection for men and children followed. Next clothes are provided unique style by the design team that is present inn house and provide value for money. In the current scenario, there are more than 500 stores present in the UK and Eire. Furthermore, more than 200 stores are present in more than 40 countries. Several landmarks were made by Next in a sequence. In 2011, it opened the merged fashion and garden store at Shoreham-by-sea. In 2014, two more stores were added and in 2015, it opened High Wycombe store (Next Plc, 2015). Next strives to enhance the customer base by introduction of new and varied techniques like next day delivery that appeals the customers to a considerable extent. Financial Performance Significant achievements were made by Next in the year 2015 that boasts about its strong financial performance. The increment in the EPS and paying dividend to shareholders indicates that the company has made adequate profit and has solidity. The EPS and the ordinary dividend has been a consistent achievement of the company and it has done it for the straight sixth consecutive year. Moreover, the sales, as well as revenue is a classic indication that the company has performed in a strong manner (Investors Chronicle, 2015). The retail sales increased by 5% while the online business saw a jump of 12%. The sales of the entire group went up by 7% and reached a strong figure of 4 billion for the first time. The share prices also indicates that the company performed in a strong manner because the investors vouch for those shares that are fundamentally strong and have a potential to deliver returns consistently (Investors Chronicle, 2015). The share price went up by 62.80 to 71.50 indicatin g the strong financial performance. There was not buying back of the shares rather surplus cash was returned through the way of dividend. A huge sum of 572 million was returned to the shareholders through the scheme of buybacks and dividends. Moreover, the company did not use the investment to return cash to the shareholders and neither by increasing the debt (Northington, 2011). This indicates that the company performed at a true potential that helped it to provide benefits to the shareholders without any compromise. Moreover, next continued the manner of investing in new, as well as larger stores. With the enhancement in the base of the customer, it has now spread to more than 71 countries in total and enhancing the image. The distribution, as well as warehouse capacity is enhanced that enables the company to provide better facilities. There has been a strong change in the administrative, selling expenses that contributed to a strong financial performance. The financial position is mainly expressed through availability of funds and the manner in which the company is able to meet the exchanges in foreign exchange rate and the interest rates. Moreover, compliances with the regulation also play an important role in shedding light on the financial position. Next follows a policy of returning cash to shareholders that is in surplus through buyback, as well as special dividend. Moreover, the company is able to maintain a proper structure of debt that goes in favour of the company. It has an appropriate balance of equity plus debt. Adequate finance is needed that is procured through the operational activities. Next is also prone to credit risk and mainly in the form of Directory customer receivables that stands at 712m that projects the biggest item on the balance sheet. Moreover, next performs through a centralized treasury function that is entrusted with the task of meeting the risk that arises from liquidity, interest and currency risks. T he treasury operates through an approved policy of the board. Next has appropriate medium, as well as long term financing that support the operations of the business and even the cash position that is reported to the Board. Therefore, Next Plc financial performance in the year 2015 has been entirely due to the presence of strong policies and financial management. The annual report clearly shows that the progress made by Next Plc has been considerable as compared to the year 2014. Financial Position The financial performance of the company was strong and has been clearly depicted with the help of income statement, balance sheet, and cash flows. The financial performance of the company is signifies through the income statement, balance sheet (Albrecht et. al, 2011). Moreover, appropriate ratios help in the telling about the financial performance of the company. The sales enhanced in the year 2015 to reach 4 billion and the underlying profit got a good boast reaching a high of 782 million. The financial position was strong because the company paid dividend and without any compromise on the profits. Ordinary, as well as special dividend was paid providing benefits to the shareholders. Buy back of the shares was also done that was of 138 m (Next Plc, 2015). The financial position of the company was done by way of equity, reserves, and investments. No over-dependence was present on debt. Hence, it can be said that the policy stressed entirely on equity and derived strong profitabilit y. The share price also received a great boost and increased by 4.8% displaying solidity. A better projection of the financial position is done with the help of ratios. The following are the ratios that are computed: Current Ratio The current ratio is major ratio when it comes to the ability of the company is meeting the obligations. One of the major ratios that indicates the liquidity of the company (Melville, 2013). The current ratio of Next Plc has increased and is heading towards the standard ratio of 2:1 indicating that the company is in a strong financial position to discharge the obligations and there will be no errors in that. Gross profit Ratio One of the strongest profitability indicators that helps to assess the financial position. The GP ratio has increased marginally that indicates the company is able to manage the cost of goods sold in a proper manner (Melville, 2013). Further enhancement can be seen when there is a further control on the cost of goods sold. Net Profit Ratio The Net profit margin of the company has increased in 2015 and has surpassed the percentage of 2014 indicating a strong sales and generation of strong profit numbers. The operating expenses have been in a strong control and hence a ratio has shown an immense change (Horngren, 2013). Operating profit ratio This ratio is termed as ratio of operating profit to sales. In 2015, the operating profit ratio stands at 20.30% as compared to 19.62% in 2014. The progress in this ratio is entirely by dint of a strong control over the operating expenses (Horngren, 2013). Proprietary Ratio A higher proprietary ratio is always needed because it sheds light on the finance that is done by the shareholders (Christensen, 2011). However, there is a decline in the ratio and the company needs to rectify it in the coming year. Return on Equity Return on equity indicates the profit generated by the company by using the funds of tee shareholders (Christensen, 2011). The ratio has shown a marginal increase that indicates the financial position of the company strong and hence able to use the funds of the shareholders in an effective manner. Receivables collection Period The collection period has enhanced in a marginal manner indicating that the management has used the policies in an effective manner. Hence, efficiency of the management is strong. Payables payment period This ratio indicates the payment made to the suppliers. The average payment period has declined indicating that the company will be able to pay the suppliers in a quick span of time (Merchant, 2012). Price / Earnings Ratio The price earnings ratio of Next Plc is a little lower in 2015, it is 17.05 as compared to 17.15 seen in the year 2015. A slight decline is not of a much concern as going by the other ratio the company has a strong stability. Dividend Cover Ratio This ratio states the number of times the shareholder will receive dividend (Lapsley, 2012). However, the ratio has fallen marginally, but going by the historic performance and the current number it is still strong and will continue to provide dividend. Going by the above discussion and the ratio analysis it can be stated that Next Plcs financial position is strong and is bound to continue a strong run in the near future. Limitation of financial statements and ratio Ratio analysis fails to consider the intangible factors like brand, skills, labour organization, culture, etc. These are considered important and vital in the long run. However, ignorance of all factors leads to problem. The ratio analysis is done considering the accounting data that is present in the financial statements. However, the financial statements are not free from error and mismanagement. Therefore, simply relying on such data will not project a clear view and may prove to be wrong (Graham Smart, 2012). Different companies use different method of computation and hence comparison of two different companies from different sector cannot be apt. It is because the ratios can be derived from various methods and there is no standard applicability (Davies Crawford, 2012). Hence, in this scenario it becomes difficult to compare and know the result. The computation depends on the data that is available and one company may give greater emphasis to one set of data as compared to other. Financial statements also suffer from deficiency. They cannot be said as the best tool for evaluation because it is prepared considering the historical data. The historical data is not of much relevance when it comes to the [resent scenario. Planning should not be done considering it because it has flaws in it (Davies Crawford, 2012). Conclusion Going by the ratio analysis and view of the annual report it can be said that the company had a strong year where the entire unit performed in a strong manner and reached great height. The profit was strongly supported by the turnover and the resources were used in an efficient manner. Going by the solvency and liquidity it can be said that the company is a good bargain for the long term and one can strive for outer performance (Brealey et. al, 2011). The company has a strong asset base and the cash flow shows that the company has met the situation with great ease. Moreover, the company is strong when it comes to principle of ethics and corporate governance. It has adhered by all the principles and therefore the progress is fast as compared to the peers. Moreover, the shareholders are also provided benefits in the form of dividend that is a major advantage of the company. This is one of the reasons why the investors have invested in this stock. Year by year the company has achieved s ignificant feat that implies Next Plc is adapted to the internal and external environment. The company strives to perform by providing unique design to the customers and the same can be seen in the coming scenario. At current, the company has 4 million customers and with the strong development and line-up, Next Plc is destined to make further advancements and hence is a strong recommendation. Computation of Ratios Current Ratio CURRENT RATIO 2014 2015 Current assets 1,468.10 1,616.00 Current liabilities 886.6 834.5 Current Ratio 1.655876 1.936489 Working Capital 581.5 781.5 GP Ratio GP RATIO 2014 2015 gross profit 1240.1 1343.4 Sales 3,740.00 3,999.80 GP ratio 33.15775 33.58668 Net profit Ratio NP ratio 2014 2015 Net profit 553.2 634.9 sales 3,740.00 3,999.80 NP ratio 14.79144 15.87329 Operating profit ratio operating profit ratio 2014 2015 operating profit 722.8 812.1 sales 3,740.00 3,999.80 Operating P ratio 19.3262 20.30352 Proprietary Ratio Proprietary Ratio 2014 2015 Share capital 1,55,032 1,52,874 Reserves 2,84,154 2,88,528 Shareholders fund 1,677 1,608 Total assets 2,709 2,709 Proprietary Ratio 0.619158 0.593444 Return on Equity 2014 2014 Net profit 553.2 634.9 Shareholders fund 286.20 321.90 Return on equity (%) 1.932914 1.972352 Ratios Formula Computation 2015 2014 7 Receivables collection Period 365 / Debtor's Turnover Ratio 11.69 11.48 8 Payables Payment Period 365/ Creditor's Turnover Ratio 37.06 40.20 9 Price / Earnings Ratio Market price per share / Earnings per share 17.03 17.15 10 Dividend Cover Ratio (Profit After Tax - Preference Dividend) / Dividend paid to Equity Shareholders 2.94 3.33 References Albrecht, W., Stice, E. and Stice, J 2011, Financial accounting, Mason, OH: Thomson/South-Western. Brealey, R., Myers, S. and Allen, F 2011, Principles of corporate finance, New York: McGraw-Hill/Irwin. Christensen, J 2011, Good analytical research, European Accounting Review, vol. 20, no. 1, pp. 41-51 Davies, T. and Crawford, I 2012, Financial accounting, Harlow, England: Pearson. Investors Chronicle 2015, Next Plc Financial, viewed 3 February 2016, https://markets.investorschronicle.co.uk/research/Markets/Companies/Financials?s=NXT:LSEsubview=Overview. Graham, J. and Smart, S 2012, Introduction to corporate finance, Australia: South-Western Cengage Learning. Lapsley, I. 2012, Commentary: Financial Accountability Management, Qualitative Research in Accounting Management, vol. 9, no.3, pp. 291-292. Libby, R., Libby, P. and Short, D 2011,Financial accounting, New York: McGraw-Hill/Irwin. Horngren, C 2013, Financial accounting, Frenchs Forest, N.S.W: Pearson Australia Group. Melville, A 2013, International Financial Reporting A Practical Guide, 4th edition, Pearson, Education Limited, UK Merchant, K. A 2012, Making Management Accounting Research More Useful, Pacific Accounting Review, vol. 24, no.3, pp. 1-34. Northington, S 2011, Finance. New York, NY: Ferguson's. Next Plc Ltd 2015, Next Plc Ltd. Annual Report and accounts 2015., viewed 3 February 2015, https://www.nextplc.co.uk/~/media/Files/N/Next-PLC-V2/documents/reports-and-presentations/2014/next-annual-report-2015-final-web.pdf.

Tuesday, May 5, 2020

Field Study 1 free essay sample

I will gain competence in determining, understanding, accepting diverse 5 aspects of personality. Specific Task: 1. Visit a school and observe a class. 2. Observe the interaction that arise inside and outside the classroom. 3. Describe the characteristics of the learners in terms of age, gender, social and cultural diversity. 4. Interview your learners by means of giving questionnares. (Questions related to the 5 aspects of personality). 5.Interview the teacher who are those students that are participative in the class discussion and very interactive with other persons. Introduction Interaction is a kind of action that occurs as two or more objects have an effect upon one another. One of the most common interaction is the social interaction or sometimes called social relation. Social interaction describes the relationship of two or more individual. Social interactions refer to particular forms of externalities, in which the actions of a reference group affect an individual’s preferences. The reference group depends on the context and is typically an individual’s family, neighbors, friends or peers. We will write a custom essay sample on Field Study 1 or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Everyday we see the interaction of the people, no matter where they are places like in the house, public vehicles, church, and specially in school. The ability to interact of each individual may vary depending where they are. Social interaction in school specially inside the classroom encompasses all types of interaction. Student-Teacher Interaction, Student-Student interaction, small group interaction, and the entire classroom interaction.There are several different ways to categorize classroom interaction, but all of the types of interaction are important to engage learning and to create well rounded young people inside and outside the classroom. The five aspects of personality which are the physical, intellectual, emotional, social, and spriritual aspect can affect of how student mingle or interact with others. Social interaction is not defined by type of physical relation or behavior, or by physical distance. It is a matter of a mutual subjective orientation towards each other. Moreover, social interaction requires a mutual orientation.