Ratio Analysis to Determine Corporate Health Essay Example for Free

Ratio Analysis to Determine Corporate Health Essay One must consider many factors before deciding whether or not to invest in a company. The following is an analysis and comparison of the health of two well known companies, Exxon and Wal-Mart. Some of the factors that were analyzed include current ration, inventory turnover, accounts receivable turnover, and days’ sales in inventory. Most of the values used for the calculations were obtained from Yahoo Finance. Current ratio evaluates a company’s ability to pay its short-term obligations (Wild, 2008). Exxon’s current ratio of 1. Â  indicates that it should not have any issues paying its short-term obligations. In contrast, Wal-Mart’s current ratio of 0. 88, indicates that the company’s current liabilities exceed current assets and thus investors should be doubtful of its ability to pay short-term obligations. Inventory turnover is another indicator of a company’s ability to pay short-term debt. Specifically, it is the number of times a company’s average inventory is sold during a period (Wild, 2008). Wal-Mart’s inventory turnover of 9. Â  indicates that it may be holding more inventory than it needs, and thus it may be using its assets in efficiently. Exxon’s inventory turnover of 28. 31 is more preferable, as long as inventory adequately meets demand (Wild, 2008). These numbers show that Wal-Mart may be having difficulties paying its short-term debt and thus caution should be warranted. Accounts receivable turnover measure the quality and liquidity of accounts receivable. Thus it indicates how often receivable are received and collected during the period (Wild, 2008). Exxon’s accounts receivable turnover is 15. Â  while Walmart’s is 107. 3. Exxon’s low turnover suggests management should consider stricter credit terms and more aggressive collection efforts to avoid its resources being tied up in accounts receivables. On the other hand, Wal-Mart’s high turnover implies the opposite; management should consider using more liberal credit terms. While accounts receivable turnover measures the liquidity of accounts receivables, days’ sales in inventory is useful in evaluating liquidity of inventory (Wild, 2008). Exxon’s days’ sales in inventory is 13. 2 and Wal-Mart’s is 38. Â  Exxon’s lower days’ sales in inventory value indicates that the company uses its resources more efficiently. Conclusion All things considered, Exxon appears to be a more solid company in which a first time stock-buyer should invest. While both are major companies, which appear to have solid numbers, Exxon seems to be the more stable and reliable company. Specifically Exxon seems to manage its assets better and seems more likely to be able to pay its short term debt. Nonetheless, one should invest in stock that he or she feels better represents his or her goals.

Internet Scams Essay -- Computer Fraud Fraudulent

Internet Scams From the comfort of an internet user’s own home they truly have the world at their finger tips. They have access to a Global Market place through the internet. Cyberspace offers unlimited options for quick and easy ways to shop, find investment opportunities, communicate, and much more. Unfortunately however, in today’s world fraudsters also find the internet to be a quick and easy way to fool and rob unsuspecting surfers with false advertising and false promises. The fraudsters target those who do not know how to determine the validity of online offers and sales. According to the National Fraud Information Center (NFC) there were 36,802 complaints of internet fraud in 2002, and the complaints increased to 37,183 in 2003 (Internet Scams). This growing problem affects internet users everywhere, who can lose hundreds of dollars to these cunning, ruthless scam artists. According to the NFC undelivered or misrepresented goods or services from auction websites made up 89% of scam complaints in 2003 (Internet Scams). In his article entitled â€Å"Sleaze Bay,† David Freedman explains why auction websites are so appealing for fraudsters: â€Å"As is true of much of the Web, the characteristics that make auction sites so appealing—anonymity, speed, low overhead, access to millions of people, lack of outside regulation, an ability to interact from a great distance—are the very same characteristics that make rip-offs so easy† (1). According to Freedman, sites such as E-bay may be subject to shill bidding; a practice against E-bay rules that is often illegal. Shill bidding involves a seller, their friends, family, or other sellers bidding to entice other bidders to join and raise their profits. This is based on the idea that â€Å"†¦bi... ...ainst internet fraud. Works Cited Fleitas, Amy. Internet Spam Spawns Scams. Bankrate, Inc. 22, Apr. 2004 http://www.bankrate.com/brm/news/advice/20021025b.asp Freedman, David. â€Å"Sleaze Bay.† Forbes. (2000) : 5 pgs. 22 Apr. 2004 http://www.forbes.com/asap/2000/1127/134.html FTC Names Its Dirty Dozen. Federal Trade Commission. 22 Apr. 2004 http://www.ftc.gov/bcp/conline/pubs/alerts/doznalrt.htm Hendersen, Les. Pyramid Schemes. 22 Apr. 2004 http://www.crimes-of-persuasion.com/Crimes/Delivered/pyramids.htm Internet Scams. National Fraud Information Center. 22 Apr. 2004 http://www.fraud.org/2003internetscams.pdf Lanford, Jim and Audri. Internet ScamBusters. 22 Apr. 2004 http://www.scambusters.org/index.html Online Shopping. Office of Fair Trading. 22 Apr. 2004 http://www.oft.gov.uk/Consumer/Your+Rights+When+Shopping+From+Home/Online+shopping.htm

Examine how Shakespeare presents the female characters Essay

Examine how Shakespeare presents the female characters in ‘Hamlet’ and what the response of a modern day audience might be to this aspect of the play. As ‘Hamlet’ was set in the Elizabethan period it is necessary to consider the portrayal of woman in the play as a comparison with women in a modern day society. Similarly to most literature written during this period, ‘Hamlet’ conveys women’s lower status to men. This can be thought of as the stereotypical view in Elizabethan society. We know that women were not even able to act in plays and that young men had to play the parts of women. One of the main ways we may interpret the portrayal of woman is through the language, and in some cases stage directions of various characters, in various scenes. It may be true to say that the characters of Ophelia and Gertrude are portrayed as weak and submissive, this is seen by men as well as themselves. They can be seen to be merely driving factors of the play rather than main elements such as Hamlet. It may also be suggested that due to these facts, the play ‘Hamlet’ may be written differently if written today, in terms of language, in order to suit a modern day audience. It can be argued that the way Shakespeare has presented women, reflecting society in the Elizabethan period, may not be acceptable in today’s society. One of the principle aspects to consider is how female characters are portrayed and therefore treated by others in the play. Ophelia is an interesting character, and it is important to explore her relationships, her language, and also her death prior to concluding her portrayal. This may be noticed in her relationship with the men in her family. In Act one, the relationship shared between Polonius, Laertes and Ophelia may be compared. When looking at Polonius’ relationship with his daughter it may be noticed that he is not quite as willing to give in to her wishes. Instead he gives her strenuous warnings about how to behave in relation to Hamlet. â€Å"Do not believe his vows, for they are brokers†, Polonius tells Ophelia not to believe what Hamlet says to her. . However, he does show his concern for her, because he is warning her to be very careful in this business. Polonius forbids Ophelia to associate herself with Hamlet, telling her that he is deceiving in his declaration of love. It is extremely doubtful that he is simply doing this to deny her of what she wants; however the audience becomes aware of the domination and power he has over his daughter. Another view is that daughters were merely supposed to bring fortune and honour to the family and that Polonius may have been more concerned about his reputation, rather than the happiness of his daughter. Ophelia dutifully obeys her father, responding minimally with â€Å"I shall obey, my lord†. This type of attitude was thought of as normal in the Elizabethan times. It must also be noticed that the protective role of a father over his daughter, and a brother over his sister would not be thought of as abnormal in today’s society. It is the extent to which this protectiveness is present, and the fact that Ophelia shows no intention to disobey their wishes, that would both surprise and amaze a modern day audience. The extent of domination, particularly over a daughter’s personal matters such as marriage would be normal in Elizabethan times. However, similar to today, a father would not be as protective over his son as he would over his daughter. Earlier in Act 1, Laertes warns Ophelia about Hamlets love, describing it almost as youthful infatuation. He explains to her that as Hamlet is a prince he cannot choose his own wife and must marry in the interest of the state. Again, this type of advice and awareness of status would not be criticised by a modern day audience. Laertes’ approach is indeed blunt, and Ophelia is told directly not to be so foolish as to trust the Prince outright. Ophelia says that she will keep his advice as a â€Å"watchman† close to her heart â€Å"I shall th’effect of this good lesson keep as a watchman to my heart†. She hints to him that he should not give her advice that he does not follow himself. â€Å"show me the steep and thorny way to heaven†, â€Å"himself the primrose path of dalliance treads†.

Theories of Personality Essay - 809 Words

While Psychoanalysis was the first formal theory of personality influenced by Sigmund Freud of which was divided into three levels. According to the text; â€Å"there are three major components of mental structure of which are ID, Ego and Superego. Development proceeds from the id which includes the instincts or drives with which we are born, to ego and superego. Infants are at the most primitive stage, all id entirely driven by the urge to gratify instinctual urges, without any notion of what is possible or of the consequences of their actions† (Magnavita, 2012). This paper will the structural and component models of personality which will explain how the brain operates. While also exploring Id, ego, superego and the big five factors I will†¦show more content†¦An example of ID would be identifying your friends beautify diamond engagement ring while the Ego would be the friend saying you can look but not touch and Superego being the conscience causing a defensive me chanism for the ego and the friends saying the diamond ring really isn’t all that pretty which is considered denial. The power of very old or destructive superego is obtained from combining of the ego and superego by which the ego is diminished as a result of projecting into the superego. The therapeutic assignment is to give authority to the client so they can achieve a third position from which the ego can be strengthened by the freeing of oneself from denying their existence which may also need to involve the therapist’s own disentangling from an archaic superego in the redirection of feelings towards the client (Terry, 2012). â€Å"Object relations refers to an unconscious internal world which develops throughout life through identifications with important loved and loving figures as well as hated and hating ones, but the quality of these identifications varies according to our emotional strengths and resources at any particular time† (Terry, 2012). â€Å"Psychological pathology conflicts between two agencies of a tripartite structure but results from malformation due to deficiencies leading up to the psychic structure building of earlier stages. However the ego’s function as organizing the influence of the external reality and the individual internal experiences inShow MoreRelatedAssessment of Gordon Gekkos Personality Using a Mbti Framework and Personality Type Theory2061 Words   |  9 Pagesaim of this essay is to assess Gordon Gekko character ‘s personality from an Oliver Stone’s Movie â€Å"The Wall street, Money Never Sleeps† using the Myers Briggs Type Indicator (MBTI) framework and Personality Type Theory. THE MBTI The MBTI is an instrument designed to evaluate people and provide descriptive profiles of their personality types. It classifies people into sixteen broad and distinctive personality types based on Carl Jung’s theory of perception and judgement. 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