Analysis of Financial Statements of Bogus Limited For the Year-ended Essay

Analysis of Financial Statements of Bogus Limited For the Year-ended 30 June 2004-2005 - Essay Example The firm's inventory turnover also shows net improvements in its efficiency. In terms of stability, although there is marked recovery in the leverage and liquidity ratios, Bogus Limited's debt ratios imply that the firm is still highly leveraged and may possibly encounter liquidity problems in the future as a result of its financial positioning. Given these outcomes, a potential shareholder is recommended to invest in the company and take advantage of the firm's bright earnings prospect. In light of the firm's highly-leveraged position, a potential creditor is recommended to prudently extend credit line to Bogus Limited. Prior to arriving at an investment decision, potential shareholders and creditors must initially analyse the financial position and health of a particular company. This report provides an overview of the financial standing of Bogus Limited as at year-end 30 June 2005. It intends to aid a potential shareholder in assessing the feasibility of investing in the company's stocks by reviewing the overall and per-share performance of the firm in the past two years. Moreover, this report aims to assist a potential creditor in evaluating the company's financial health by looking at the efficiency and stability of Bogus Limited as indicated by the liquidity, leverage and turnover ratios posted in the given period. Body of the Report Performance Based on the income statement of Bogus Limited for year-end 2005 and 2004, the firm's sales increased by 26% or $554.4 million, from $2,124.1 million to $2,678.5 million. This signals that the company has sustained its earnings growth from operations in the last two years. This assertion on the firm's profitability is supported by the net profit margin posted that rose to 13% as at year-end 30 June 2005 from 11% in the previous year. Although the company's cost of goods sold substantially increased resulting in lower gross profit margin, Bogus Limited is

Integration of personal and professional skills and discuss the value Research Paper

Integration of personal and professional skills and discuss the value of higher education in todays society - Research Paper Example The higher education provides so many opportunities to us students and therefore I will also examine some of those opportunities that are availed to us. It has been a long journey and I have also gained a lot from education and I will take this chance to provide reason to others as to why they should follow in my footsteps. In conclusion, learning is not a process that ends when one leaves school; I will be explaining what I will be doing in order to maintain a lifelong learning attitude. Learning is a long and tedious process that requires hard work and determination in order to succeed. Many people have talked about learning and how to succeed. It all begins with the individual’s inner drive to want to succeed. The individual then through motivation from within and the external environment tries to find ways that will make them succeed in learning. I am one such person that has had the inner drive until this last minute. I have engaged with my professors and my fellow students in finding the best ways to learn and succeed in life. The professors at this university have greatly contributed to my success up to this point in time. There are basic skills that I have acquired during this course and there are a few others that I have improved on. The first basic skill that I acquired is team work. I have learnt that a person does not exist alone and therefore he/she needs to mingle with people and find out how they do things so that you can borrow ideas from them or improve on what you already have. Team work is very important especially at the university. Most of the students are left on their own to conduct research and find solutions to problems that exist in the real world. An individual working on his/ or her own may find this work overwhelming especially when given many tasks that have strict deadlines. If such an individual and another formed a group to discuss the work, it will be very easy for them to complete the work. This is because they share

Kant's Fundamental Principles of the Metaphysic of Morals Essay

Kant's Fundamental Principles of the Metaphysic of Morals - Essay Example attributes concerning this proposition, he specifically delineates immaturity as the initial stage at which an unenlightened man is to be found then only by finding courage with reason can an individual attain to the state of competence and abolish ignorance. Kant argues that â€Å"our will is good when it is determined by reason† and the courage serves as a fuel toward the execution of reason. On this ground, humans are summoned to acknowledge responsibility by way of paying courage worth on initiating to acquire the pertinent means to discern oneself and create appropriate ethical response to the world. The power of reason is crucial and Kant promotes it for the sake of enlightenment much as he adheres to the power of reason for the purpose of obeying the dictates of universal law. Reflecting after this regard, I believe that the philosopher in his time desires to bring across resolution to the chaotic nature of man under the governance of reasoning so that a man discovers the potential advantage of being rational. For one to realize the value attached with duty, Kant likely conveys the requirement to appreciate reason. Moreover, he seems to try to make sense of reason in the light of distinguishing an action that comes from the pure intention to perform duty from an action that emerges out of self-interest or inclination. Here, Kant calls for the need to understand how reason manages to sustain enlightenment in human and in turn, the enlightened condition naturally opts for a deed with moral quality. A man whose well-being has reached such an extent of intellect or thought can be expected to act based on the so-called ‘maxim’ with the basic principle that â€Å"the moral action is to do one’s duty†. This I suppose is equivalent to claiming that a morally conscious person is one who has been refined in the process of enlightenment out of which proceeds the imperative of goodwill. Practically speaking, our experience of the world reveals that it is

Integration of personal and professional skills and discuss the value Research Paper

Integration of personal and professional skills and discuss the value of higher education in todays society - Research Paper Example The higher education provides so many opportunities to us students and therefore I will also examine some of those opportunities that are availed to us. It has been a long journey and I have also gained a lot from education and I will take this chance to provide reason to others as to why they should follow in my footsteps. In conclusion, learning is not a process that ends when one leaves school; I will be explaining what I will be doing in order to maintain a lifelong learning attitude. Learning is a long and tedious process that requires hard work and determination in order to succeed. Many people have talked about learning and how to succeed. It all begins with the individual’s inner drive to want to succeed. The individual then through motivation from within and the external environment tries to find ways that will make them succeed in learning. I am one such person that has had the inner drive until this last minute. I have engaged with my professors and my fellow students in finding the best ways to learn and succeed in life. The professors at this university have greatly contributed to my success up to this point in time. There are basic skills that I have acquired during this course and there are a few others that I have improved on. The first basic skill that I acquired is team work. I have learnt that a person does not exist alone and therefore he/she needs to mingle with people and find out how they do things so that you can borrow ideas from them or improve on what you already have. Team work is very important especially at the university. Most of the students are left on their own to conduct research and find solutions to problems that exist in the real world. An individual working on his/ or her own may find this work overwhelming especially when given many tasks that have strict deadlines. If such an individual and another formed a group to discuss the work, it will be very easy for them to complete the work. This is because they share

Changes in the Marketing Environment Essay Example for Free

Changes in the Marketing Environment Essay In recent times, from an economic environment perspective, people are getting more affluent, even in third world countries like Vietnam, the younger generation are more interested in spending on the latest fashion and gadgets, like iPods. Phone marketers might want to include phone designs which allow for self-expression, hence catering to the younger people seeking to carve out their own identity. For example, young girls in Japan like to stick many shiny crystals on their phones as they see it as a form of beautiful art. Phone marketers can cash in on this growing trend by offering phones which have suitable surfaces for crystal gluing, and they might want to also consider having a tie-up with a suitable bead company in order to have a package selling the crystals together with the phones. An important marketing strategy in catering to the changing political environment would be cause-marketing. It is by cause-marketing that phone marketers can reassure the public that they are socially responsible, even in the midst of increasing unethical behaviour existing in society. Cause marketing might be the determining factor which might set a phone or a brand of phones apart, especially if customers have the same perception of 2 brands of phones and are undecided which to choose. Phone marketers can follow Motorola’s lead whereby they produced a red â€Å"razr† phone to promote awareness of aids, which was highly successful. Another important marketing strategy is for the marketer to observe the changing demographic forces and decide which target group they can focus on in order to make the most profits. Quite a few countries in the world are facing an aging population, like Japan, China and Singapore. This might be a good target market to go into, by manufacturing phones which are suited for older people like by having larger screens and more user-friendly buttons. Technological forces are constantly changing, and a good marketer would be able to foresee what kinds of functions people might want in their phones. Marketers might want to research about what form of entertainment is capturing people and cater to these needs. Sony Ericsson realised that music was slowly becoming an integral part of people’s lives, no matter what age and produced the walkman phone series which was highly popular. The path to success and its maintenance depends very much on a phone marketer’s resellers and suppliers, hence phone marketers should engage in tie-ups with them both. A phone marketer’s resellers normally consist of telecommunications companies.  Marketers can offer to sell their phones at a lower price to these companies, and in exchange, persuade them to offer more attractive or cheaper line subscription packages when customers purchase the phones of the marketers’. Marketers should constantly source for more efficient and cheaper suppliers and sign a long-term contract with them. Marketers might also want to consider suppliers based in China or India, as labour in such countries is known to be one of the cheapest, yet efficient, in the world. Lastly, marketers should always keep an eye out for competition and continually check on other phone marketers’ strategies and phone pricing. Marketers should also be aware that competition not only lies with other phone marketers, but in any company that has to do with providing entertainment or convenience to people. For example, Apple is not a phone manufacturer, but it is beginning to slowly capture the phone market due to its iPhone. Phone marketers might want to produce phones which have the capability to rival such phones, or if they are unable to do so run a major advertisement campaign to promote their phones against other rival phones, so as to hopefully mould the public’s thinking into their liking. Alternatively, phone marketers can also liaise with major entertainment companies like Apple or Creative to work together to produce quality phones or gadgets to capture a major share of the phone market.

Barbara Kruger Art Style Analysis

Barbara Kruger Art Style Analysis Barbara Kruger, an American graphic designer who brings to light modern day problems of society using her art as a message conveyer of society problems. Her artwork consists of various pictures spliced together and newspaper like letters as captions for what she is conveying. Her artwork unlike others doesnt immediately go into a museum or on a world tour instead its towards advertisement. This brings in more viewers and allows her to display what she what problems in society she wants to convey. Some of these artworks that bring to light issues are a picture of Adolf Hitler with his eyes blocked out and written on top of his photo the phrase If you dont control your mind someone else will, or the one I will be focusing on the most You are a captive audience. The first thing I want to bring up before I go into her work is shes seen as an artist with mixed reviews, because shes so open revealing political problems in the world. An article in The New York Times praises Barbara Kruger for using her art to bring attention to these issues but also criticizes it for sometimes sugarcoating things, thus losing its edge and full effect. The example used is her Your Body is a Battleground. It depicts a womans face in black and white showing it doesnt matter what race your body is still a battleground for what you choose to do. It was created to support the pro-choice belief of most feminists. It was an attempt to legalize abortions birth control and strengthen womens rights. Now from my perspective I dont think she sugarcoated this problem at all. In the text of the artwork it clearly states support legal abortion, birth control, womens rights. She wants us to know she stands for pro-choice womens rights and thinks it needs to put into the limeligh t and dodged around. Another example can come from You are a captive audience. This work of art pictures what I presume a man putting on his lovers finger a wedding ring. There is another version of it with dental work and a tooth being removed from a patient. This caption says people are so easily captivated by extreme versions of our emotions. The ring version shows how easily as a society people can be easily captured by emotions of joy and happiness. Now the same thing can be said with fear. The dental version shows the tooth being removed from a patient and without a numbing agent of some kind this would hurt a person quite a bit. People love emotions even the more dark and negative ones like horrified and disgusted. Going back to a previous artwork mentioned If you dont control your mind someone else will. This piece is rather dark if you think about it. Since its talking about someone controlling your mind which weve seen throughout history can happen if you choose not to think for yourself. To bring this up to the world you cant sugarcoat it especially using a figure the world revers as a symbol of dark times and tragedy. Barbara Kruger doesnt try to scare people with the phrases she uses but rather the phrases she uses can be moving. Using another work, she created which most of America knows as Your comfort is my silence. What makes this piece so moving is the simple fact of if your happy Im happy. No one can complain so someone elses comfort can be someone elses silence because they dont need to say anything to begin with. In an interview caption it says when someone asks someone what they think about Barbara Kruger they say she was obviously important during early 1980s but now she isnt so relevant and they cant name any of her more recent works. I once again disagree with this because she points out problems with modern day things to. Her work Remote Control points out how easily the society we live in has gone to basically machines doing everything for us. This is a pressing issue with the growing obesity in the nation among other things. With all this said I say Barbara Kruger is doing well with her art and is not sugarcoating anything and is taking a stand to reveal the problems of society in a memorable way. When someone judges her work, I think they need to realize the artwork she does is not for visual appeal as it is to make you think and realize what it means. Word Count 757 Works Cited Bishop, Claire. Interview With Barbara Kruger. MAKE Magazine, 9. Cottner, Holland. Art In Review. The New York Times, C29. Hagan, Charles. Barbara Kruger : Cover Girl. The New York Times, June 14, 1992, 82. Linker, Kate. Love For Sale. New York Times Book Review, 3.

The Medias Influence on Eating Disorders Essay -- Essays Papers

The Media's Influence on Eating Disorders The National Eating Disorders Association states that eating disorders are conditions that arise from factors including physical, psychological, interpersonal, and social issues. Media images help define cultural definitions of beauty and attractiveness and are often acknowledged as one of the factors that contribute to the rise of eating disorders (NEDA). The National Eating Disorders Associations website, "The Effect of the Media on Body Satisfaction in Adolescent Girls", "The Media's Influence on Body Image Disturbance and Eating Disorders", and "Dieting Behaviors, Weight Perceptions, and Life Satisfaction Among Public High School Adolescents" are all articles that evaluate how the media may cause adolescent girls to develop eating disorders. In order to understand how the media?s portrayal of body image has an influence on adolescent girls developing eating disorders one must understand the attitudes young girls have about their body images, the emphasis on female thinness de picted in magazines and on television, and the way young women are influenced by the media. Body dissatisfaction has become the norm for female adolescents in America (Valois et al. 271). Body dissatisfaction is a result of the difference between the ideal self versus the perceived self (Champion and Furnham 214). Thompson and Heinberg found that girls who watch 8 hours or more of TV in a week will have greater body image dissatisfaction than girls who watch less than 8 hours of TV per week (342). This shows how girls who are exposed to television will develop negative feelings towards their body?s image. Negative feelings towards body image can often lead one to try various ways to lose weight. ... ...the media, it could reduce body dissatisfaction, and as a result it would decrease potential eating disorders (?NEDA?). Works Cited Champion, Helen, and Adrian Furnham. ?The Effect of the Media on Body Satisfaction in Adolescent Girls.? European Eating Disorders Review 7.3 (1999): 213-228. National Eating Disorders Association. 2002. 5 Apr. 2005 <http:// www.nationaleatingdisorders.org/p.asp?WebPage_ID=337>. Thompson, Kevin J., and Leslie J. Heinberg. ?The Media?s Influence on Body Image Disturbance and Eating Disorders: We?ve Reviled Them, Now Can We Rehabilitate Them?? Journal of Social Issues 55.2 (1999): 339-353. Valois, Robert F., Keith J. Zullig, E. Scott Huebner, and J. Wanzer Drane. ?Dieting Behaviors, Weight Perceptions, and Life Satisfaction Among Public High School Adolescents.? Eating Disorders 11.4 (2003): 271-288.