Analysis of a Bankruptcy for a Firm Essay Example | Topics and Well Written Essays - 1000 words

Analysis of a Bankruptcy for a Firm - Essay ExampleAs a result of this, it becomes imperative to predict if any firm has chances of going bankrupt. Accurate forecasting of bankruptcy enables a firm to take corrective actions, and thereby reducing losses, and possibly even prevent bankruptcy. Hence, bankruptcy prediction is a topic of great interest and attracting a lot of research.There are 2 kinds of bankruptcy prediction models, generally found in the literature. The first is the accounting based models, which include logistic regression models. The second category is the market-based model, which include Merton Models.Fitzpatrick (1931) utilize the approach of using ratio analysis to compare bankrupt and successful firms. His univariate model of using 13 ratios to indicate failure was first attempt of such(prenominal) kind to predict industry failures. However, no significant relationship could be established between the model and failure.The work done by Beaver (1966) is consid ered as the first pioneering work in the field of bankruptcy prediction. He proposed that the firm can be seen as a reservoir of liquid assets, which is supplied by inflows and run by outflows. () The solvency of the firm can be defined in terms of the probability that the reservoir will be exhausted, at which point, the firm will be unable to pay its obligations as they mature. Beaver used 30 ratios to develop a univariate model. These ratios were applied to 158 companies, half(prenominal) of them as bankrupt and the other half as successful firms. The finest ratios were the working capital funds flow/ total assets, and net income/ total assets. These ratios correctly identified 90%, and 88% of the cases.This study was followed by Altmans model (1968, 1983). He applied multiple discriminant analysis to 33 pairs of bankrupt and successful firms. He proposed that bankruptcy could be explained by using a combination of 5 financial ratios.

Molecular and ionic equations Assignment Example | Topics and Well Written Essays - 250 words

Molecular and ionic pars - Assignment ExampleMolecular compare Cu(s)+4NHO3 (aq) Cu(NO3)2 (aq)+2NO2 (g)+2H2O (g) wry equation Cu(s)+4H+(aq)+4NO3-(aq) Cu2+(aq)+2NO3-(aq)+ 2N3+(aq)+4O2-(aq)+ 2H2O (g) Step 2 Molecular equation Cu(NO3)2 (aq)+2NaOH(aq) Cu(OH)2 (s)+2NaNO3 (aq) Ionic equation Cu2+(aq)+ 2NO3-(aq)+2Na+(aq)+2OH-(aq) Cu2+(aq)+ 2OH-(aq)+2 Na+(aq)+ 2NO3-(aq) Step 3 Molecular equation Cu(OH)2 (s) CuO(s) +H2O(g) Ionic equation Cu2+(aq)+ 2OH-(aq) Cu2+(aq)+O2-+ H2O(g) Step 4 Molecular equation CuO(s)+H2SO4 (aq) CuSO4(aq)+ H2O(l) Ionic equation Cu2+(aq)+O2-(aq)+2H+(aq)+SO42-(aq) Cu2+(aq)+ SO42-(aq)+ H2O(l) Step 5 Molecular equation CuSO4(aq)+Zn(s) Cu(s)+ZnSO4(aq) Ionic equation Cu2+(aq)+ )+ SO42-(aq)+Zn(s) Cu(s)+Zn2+(aq)+ SO42-(aq) Side reactions a)Molecular equation Zn(s)+HCl(aq) ZnCl2 (aq)+H2 (g) Ionic equation Zn(s)+H+(aq)+Cl-(aq) Zn2+(aq)+Cl-(aq)+H2 (g) b)Molecular equation HCl(aq)+NH3 (aq) NH4Cl (aq) Ionic equation H+(aq)+Cl-(aq) NH4+(aq) 2.The mas of copper could be in excess as it may come oxidized to form copper (II) Oxide and also due to the side reactions that takes place.

Analysis of Parts Emporium Inc Case Study Example | Topics and Well Written Essays - 250 words

Analysis of Parts Emporium Inc - Case Study ExampleThe relocation to still larger expound in the suburban Chicago considerably helped to increase the utilization but the sales remained constant. The tackers, therefore, hired an outside manager to improve the performance. The new manager, Sue McCaskey found that the firm did not have the well-defined inventory system that could track the sales and customer trend towards specific auto parts and services rendered. plot of ground the physical verification of the inventory was carried out regularly but the lack of necessary records made it difficult to predict the stock of requisite parts that would be required by the customers. These were the major factors for the stagnant sales performance. McCaskey studied the inventory and sales pattern for two of the products exhaust gasket and drive belt to show the advantages of having bang-up inventory and sales commission system that would help identify the short inventory of the products th at have good demand. The information thus generated would promote better management of the inventory. Sales and purchase are the vital elements of an effective distribution center. It would, therefore, help device strategies and plans to increase its performance outcome.

An outline marketing plan for the next year for Atlantic Quench 306 Essay - 1

An outline commercialiseing plan for the next year for Atlantic Quench 306 - Essay ExampleThe marketing plan for the tendinged firm focuses on developing a new product for entering the mass consumer market and providing the consumers a cheaper alternative against highly determined pure juices. With an aim to sell 250000 units of 250 ml tetra packs of the new product, Atlantic Quench will begin by streamlining the functional aspects of the play along to reduce their cost. The product introduction is developed with differentiation focus and the control of the marketing activities will focus on cost leadership. Based on this, the price skimming has been selected as the pricing strategy. The budget developed also reflects the estimated earnings and expenses for the new product segment of Atlantic Quench in the next year. With reserve market presence and brand development activities for creating consumer awareness, Atlantic Quench can enter the global market of juice and nectar segme nt.Atlantic Quench operates in the crop industry mainly in its home market i.e. US and is a co-operative business process. Established in the year 1934, the co-operative has become one of the or so famous brands in agricultural product market with their extensive and highly demanded product base (Case study). Jointly owned by 630 cranberry and 46 grape fruit farmers, the production channel of the company is also steady and growing. As the co-operative saw the demand of their products growing in the market, they entered the retail sector with bottled fruit juices. However, the primary concern of the business is related to control its growth in an organized manner and also ensure a good relationship with the farmers. In order to surmount the financial crunch, Atlantic Quench CEO Chuck Berry decided to develop the brand of the company by converting into a full-fledged business houses. Atlantic Quench is also developing alliances with big multinationals such as soft drinks giant Coca- Cola

Martin Luther's Reformation Essay Example | Topics and Well Written Essays - 2250 words

Martin Luthers Reformation - Essay ExampleAn ecclesiastical reformer, Luther was born in 1483 and baptized on the feast day of St. Martin of Tours. He was sent to schools in Mansfeld, Magdeburg and Eisenach. After finishing his Masters degree in 1505 from the University of Erfurt, Luther enrolled in police school. He had to chair law school that same year, however, because he encountered a miracle of God during a thunderstorm. As a lightning bolt struck near to him, he cried out, Help, Saint Anne Ill fashion a monk His life was spared, so Luther left law school to enter a monastery.Leaving law school to enter monastery was a bulky change in young Luthers life. He had to believe with all his heart that God had saved him and wished for him to turn to His law instead. Studious as he was, Luther delved into Gods slipway with total concentration. He realized that mans reason was enough as law. Thus, the concept of sovereign selfhood was reborn after Christ. Luthers law has been refer red to as a lawless law given that it refers to the free mind needing no set of rigid laws to abide by. The theologian believed that universal law was written on the heart of man, and rigid reminders to be it - as in the case of public law - were foolish at best (Bork). In effect, Luthers concept of sovereign selfhood had to do with being angiotensin converting enzyme with Christ, and this was utterly logical from the point of view of a servant of God who had had the Gospels seep into himself. Luther first came into contact with the humanists, especially Melanchthon, Reuchlin, and Erasmus, at the time of the disputation of Leipzig in 1519. It was humanism, in fact, that had compelled Luther to go to the sources, that is, the Scriptures to find the truth for himself. Luther immersed himself in the study of the Bible. He in like manner had to know about the early Church before terms deal penance and righteousness could take on new meaning for him. The great theologian was convinc ed that the Church had lost sight of essential facts from the Scriptures that, in truth, both servant of God is potentially the Son of Man. The Scriptures now told him clearly the doctrine of justification by faith alone had been particularly ignored by the Church. Luther also began to teach at this time that salvation is only a gift of Gods grace through Jesus Christ, and this gift is received entirely by faith. Martin Luther was one of the inspirations for the Protestant Reformation of the sixteenth century. In the year 1517, the man had posted 95 theses on a church door as an invitation to debate. Luther was challenging trusted portion of the Roman Catholic doctrine and number of specific practices. From the church door in Wittenberg, the movement gained adherents in the German states, the Netherlands, Scandinavia, Scotland and parts of France. Change was called for, and until now before Luther, prominent personalities such as John Wycliffe (1330-84) and John Huss (1369-1415) had raised their voice. Could one look at the Address to the Christian Nobility as a repudiation of the Fourth Lateran Council How and why What were the consequences of this address for lay-church relations and how did it affect the rise of the early modern state What role did Calvins doctrine play in the development of early European political theoryLuthers Address to the Christian Nobility of the German nation opens with the words The Romanists,

Each paper is on cultural relativism on the writings provided below Essay

Each paper is on cultural relativism on the writings provided below - Essay ExampleThis event cannot be denied that people believing in traditional healing systems will not go for biomedicine if they have firm believe in their destination and ethnic music medicine procedures. Their beliefs should be respected and they should not be imposed that they must use the medicine that has no linkage with their culture. Even they should be facilitated with knowledge of their culture so that they can be provided with sufficient provision of needed support. AIDS is not a small or negligible unsoundness as it keeps the substance of killing a person. This disease is quite common in Africa and people make use of traditional or fold healing systems to get resign of this disease. It is essential for our researchers to make use of cultural herbal medicines and other ways of supporting people to get rid of their disease to facilitate the patients of AIDS with medicines that atomic number 18 no t only biomedical but also traditional. Medical anthropologists have researched the topic of AIDS by keeping social and cultural aspects in meet and state that the disease cannot be understood well without understanding the environment and culture of people involved. The writers Singer and Baer (2007) use a term bioculturalism to define the linkage between biology and culture and according to their view, interaction between cultures and biology can be seen well by studying health and illness. AIDS as a disease can be well understood by gaining knowledge of the culture of the people as culture informs us about explaining, perceptual experience and experiencing about pain. Biomedicine cannot be successful for any diseased person until and unless, the culture, political status and environment, all are not well understood. Sexually transmitted disease such as AIDS involves cultural beliefs and practices. According to Singer and Baer (2007), disease expression is shaped by cultural val ues, beliefs and expectations (12). Therefore, the notion cannot be negated AIDS as a disease in various parts of the world can be best understood, explained and cured by means of understanding the cultures of people. Culture plays a major part in giving value to its followers and also provides people with fighting against diseases in their own constructed and reliable manners. References Singer, Merrill and Baer, Hans A. (2007). Introducing medical anthropology a enlighten in action. Boulevard Rowman Altamira. Ethnomedicine The Worlds of treatment and Healing Ethnomedicine can be defined as a term that circulates all the kinds of traditional medicines and its study whether the medicinal procedures are well documented or not. However, the medicinal study and procedures that come under the title of ethnomedicine are well established and people rely on them from centuries collect to which, they are well reputed. The writers, Singers and Baer in their book, Introducing Medical Anthro pology give the description of ethnomedicine as something that has transcended multiple cultural boundaries, which means that ethnomedicine has got so much repute that culturally, it is well-liked in approximately all cultures. The writers use the term ethnomedicine against the term biomedicine, which can be defined as study of medicinal procedures and medicine that is adopted globally. Ethnomedicine also called

The immigration debate Essay Example | Topics and Well Written Essays - 250 words

The immigration debate - Essay ExampleIn other(a) words, the undocumented proles may take jobs away from Americans, but these are jobs Americans did not want in the first place. Rather, the illegal immigrants are doing us a party favour by accomplishing the tasks that Americans find to menial for their tastes.In the overall scheme of things, illegal immigrants actually provide a larger benefit to the American economic dust by adding at least $10 billion a year to our GDP. A small donation to an overall GDP of a $10 million economy but an increase none the less and in our current national economic state, every little bit helps to ease the burden of lump on the public. By boosting our GDP, these workers have actually proven that a larger workforce, regardless of employment status, will actually make a difference when it comes to worker output and/or consumer spending ( Said, Carolyn The Immigration Debate).Instead, the illegal immigrants who are working for us should be consider ed unsung heroes who actually contribute to the system. the Social trade protection system to be precise . The only problem is that since this batch of employees do not use valid SS numbers, their contributions remain floating within our system. So instead than debating the effects of illegal immigration on the workforce or economy, what we should really be looking at is a way to help make the contribution of these workers a part of the economic system of the country since those contributions are currently located in an economic limbo where it remains useless to everyone