Saturday, February 29, 2020
WPP PLC Financial Report Essay Example | Topics and Well Written Essays - 3000 words
WPP PLC Financial Report - Essay Example The comparison of these ratios shows that current asset has not been utilized well as compared to fixed assets. The stock turnover ratio indicates that WPP PLC has replaced its stock almost 62.4 times during the year. In other words, it can be said that the company generated $62.4 worth of sales for every $1 invested in stock. Debtor Day's Collection Period Debtors__ x 365 Cash Sales = 50 days Creditor Day's Payment Period Creditors x 365 Purchases = 125 days Difference between creditor and debtor days for 2004 is positive: Creditor days - Debtor days= 125 days - 50 days = 75 The firm takes considerably longer (75 days longer, on average) to pay its creditors than it does to obtain payment from its debtors, having a good sign for the business. 4- LIQUIDITY The ability of WPP PLC to 'pay its way' or to satisfy financial obligations without difficulty as and when they become due can be analyzed with the help of following ratios: Current Ratio Current Assets___ Current Liabilities = 0.87: 1 Acid Test (Or Quick) Ratio Current Assets- Stock Current Liabilities = 0.82: 1 Thus, the above ratios don't show a good position of the company in terms of its current assets and liabilities. It reveals that the company doesn't have enough liquid assets to pay off its short-term liabilities when they become due. 5- SOLVENCY To obtain an indication of the company's longer-term solvency and its degree of financial risk, following ratios would be used: Gearing (Or Leverage) Ratio Total Debt Capital x 100 Total Equity Capital = 33.28% Debt Ratio Total Debt Capital_________ x 100 Total Assets (Fixed + Current) = 11.66% It shows that total debt capital of the... The above ratios reveal that the company had 5.79% return on capital employed in 2004. The gross profit and net profit ratios show that the company had 95.12% gross profit on sales while 10.58% net profit on sales. This gap makes clear that the company is paying heavy operating costs, which is having a decreasing impact on its profitability. The above ratios show that WPP PLC generates value and sales for its business 1.7 times of total assets, 3 times of fixed assets 62.4 times of stock (shows efficiency of stock) and 15.9 times of cash. The comparison of these ratios shows that current asset has not been utilized well as compared to fixed assets. The stock turnover ratio indicates that WPP PLC has replaced its stock almost 62.4 times during the year. In other words, it can be said that the company generated $62.4 worth of sales for every $1 invested in stock. Thus, the above ratios don't show a good position of the company in terms of its current assets and liabilities. It reveals that the company doesn't have enough liquid assets to pay off its short-term liabilities when they become due. The above ratios indicate the future share valuation of WPP PLC in terms of its current market price and Earnings Per Share (EPS).
Wednesday, February 12, 2020
The differences between National Income and Gross National Happiness Essay
The differences between National Income and Gross National Happiness - Essay Example This research will begin with the statement that Gross Domestic Product is a measure of the level of income yielded by an economy over a stipulated period – generally, this time period varies between one quarter and a complete year depending upon the end period when data is published by the authoritative body. It is actually an estimation of the size of the market underlying the economy on the basis of goods and services sold in it through the specific time span. This is essentially a flow measure that takes into account only productive activities through measures are adopted to avoid double counting; transfer of financial assets between hands is ignored while estimating the same. In other words, only those goods and services produced or sold legibly in the domestic market are included in the GDP measure of an economy. Nevertheless, these productive measures also include activities which ultimately might contribute to the devastation of mankind and almost every form of life on earth. For instance, expenditures incurred as parts of security and safety measures such as those for defense or for scientific research which might create pollution, positively influence economic development of a nation. On the other hand, volunteering tasks that people engage themselves during periods of exigencies are often eliminated from channels towards development primarily because those works are not marketed.... 5-7). Factors leading to environmental degradation are some of the most vital factors which must not be ignored while assessing the quality of human life. One of the most important of such elements is the excessive use of fossil fuels which almost goes hand-in-hand with economic development though such activities could hamper the smooth flow of human life over time. In order to include these factors as a part of index for development, many organisations have suggested the use of complementary indicators which adjust the value of GDP in a nation in terms of environmental and quality of life aspects, which hints towards the significance of Gross National Happiness as a measure of economic development (European Commission, 2010). Two other factors which characterise Gross Domestic Product are that they do not represent the allocation of resources across cross-section. In addition, the components underlying GDP do not include most of the factors used by an average individual, which is wh y it cannot be regarded as a measure of social welfare (Naess & Rothenberg, 1990, p. 112). In fact, a rise in income need not reflect a betterment in the standard of living as had been empirically found in many researches. An eminent one out of them considers the time-series of happiness in relation to an enhancement in the economic growth rates in Japan when it was recuperating from the shocks of World War II. Between 1958 and 1987, real per capita income of Japan was raised five times that was reflected through an increased production of consumer durable goods, though no considerable change in the average level of subjective well-being in the nation (Easterlin, 1994, p. 38-40). Gross National
Saturday, February 1, 2020
Video performance viewing Essay Example | Topics and Well Written Essays - 250 words
Video performance viewing - Essay Example The movement of the dancers can be seen to reflect this mood, especially through my favorite dance move during the ‘Jellicle’ Song. My favorite dance move would be the one, where majority of the cats come rushing into the foreground from the background, that is of an elevated platform, while some cats still remain on that platform. The sudden movement is the exact of a cat, which has spotted a ball of yarn and is eager to play with it, and the dance movements that follow, such as the twirl and arm movements, exactly give the feeling of a cat extending its paws to tap the ball of yarn. Here, the performers are seen to use the maximum space in stage, as they cover up the foreground as well as the background. The characters have been well developed and portrayed, not only do they have great costumes, but they have been able to capture the essence of domestic felines to the best extent. The various dance moves, such as the short leaps represent the movement of real cats, such as when they pounce on their preys etc, thus communicating feelings of victory, happiness etc. Therefore, it becomes clear how dance is used to express or communicate feelings and thoughts through theatre, and moreover, the music or scores are seen to strengthen the portrayal of these thoughts and feelings, thus helping the audience to better grasp the storyline as well as the major
Thursday, January 23, 2020
Facts about African American History Essay -- essays research papers
FACTS ABOUT AFRICAN AMERICAN HISTORY I. Introduction to Afro-American History      A. Central theme-Quest for 1. Freedom, 2. Equality, 3. Manhood/Women Suffrage      B. Reasons for the Afro-American Movement-1. Record sake, 2. Inspirational           Sake, 3. Fight for the concept that blacks are inferior.      C. Africanism-anything that has an African origin      D. Eras of History- Ancient (Stone Age), Medieval (Dark Ages History), Modern           (Reform), & Current II. Discuss the four group of Black Historians.      - The Author of Black Historians is Dr. Thrope.      -The Beginning School-Rope to justify Emancipation      -The Middle School-Builder of Black Studies      -The Layman School-Untrained Historians      -The New School-Professional Historians           The first historian was George Washington Williams. John Rustwrum                was the black undergraduate historian to graduate from Harvard. III. Fathers of History      A. Carter G. Woodson-Father of Negro History ( Founder of Black History Day)      B. Charles Wesley & Monroe Clark-Father of African American Studies      C. Herodotus-who was Greek, Father of History in General-He wrote his history           in Hodge Podgy, meaning something thrown together.      D. Thucydides-Father of Scientific History IV. Review of the Browder Files by Anthony T. Browder.      A. Introduction-Why can’t African American reunite as a race?           1. We don’t know our heritage.           2. We fail to produce the thing s we need.           3. We have a loss of sense of family.        &nb... ...deal      with. Example: County schools have higher scores than city schools.      C. Emancipatory-used to helps resolve contradictions between practical and           technical knowledge. It is a knowledge that can be used to change negative           conditions into positive conditions in order to improve the life                     chances/experiences for black people. Example: County schools may have           better teachers. Important to Know Africa is the birthplace of humanity. Africa had 3 main kingdoms-Ghana, Mali and Songhai Bicades Sudan means land of black people. Kongo means land of Black Smith Egypt was once known has hemit, which means land of blacks. Africa was called Ethopia, which means land of black skin. NPCRO means dead. MANCY means worship, honor, & celebrate the dead. Griots-oral historians Human life began in Eastern Africa about 160,000 years ago.
Wednesday, January 15, 2020
A reasonable Doubt
My friend had been staying with his girlfriend and his girlfriend’s best friend in one room for a period of one year when he got accused of rape and sentenced to 15 years imprisonment. This has really affected me and the fact that after serving for 5 years the accuser came out and said it was a plot to get him since she had a crush on him!It was in a small town in the outskirts of the main city. Housing was expensive and as we were trying to achieve a few dreams of our lives, we didn’t consider renting a big house a priority since our income was not so much. I had grown up together with Ian and we knew each other so well. We shared most of our dreams.When Ian met Julie the love of his heart, he was so sure that she was the woman for her. They had dated for sometime and all along the dating period Julie was sharing a room with some other two friends of hers. One of which was her best friend while the other was a girl they had been together with in the university.They kne w that all along they would become financially stable and each would go their way as soon as their income could allow them to afford rent each one on her own.When Julie and Ian decided to come and live together, it was at first not difficult since the two girls shared the rent between themselves. Julie and Ian had stayed together for 3 months when a need arouse for Karen to move out of the town. (Karen is the other girl from the university who was now left living with Tina) Tina is Julie’s best friend.When the news reached Julie that Karen was planning to leave the town she was a bit worried about her best friend since she knew that Tina would not afford to live in there alone.However it was a tough thing to think about since the only left option was to ask Ian if he could allow Tina to come and stay with them even if for some days before she get someone to share a room with or perhaps until she could afford to stay alone.She knew that she had to prepare on the best approach to present this request to Ian. She was worried that may be it might turn out that Ian would refuse that kind of a thing.But she needed to ask him the soonest possible. A thought came into her that it would be necessary to first speak to Tina maybe she might have a different idea.She made her short journey and visited her best friend whom she found in tears. They talked after comforting her and Tina was more than happy to have realized that her friend thought about her in such ways. She knew that her problem was half solved since the only remaining part was now to approach Ian. They agreed that as soon as Ian gave a feedback Julie would let Tina know soonest possible.When Tina returned home that evening she was so restless yet she found it hard to start it to Ian. It was until Ian noticed that her concentration was divided and that she seemed a little bit disturbed. Ian walked to where Julie had sat and sat on the arm of the chair that she had occupied. He looked at her with concern and asked her ‘sweetheart is everything okay? How was your day?’Julie knew right inside her that this was the perfect moment; she knew that a chance had come and she was not going to waste any time about it. She replied to him ‘everything has been fine but I only worried about my best friend Tina, she is being left by Karen in that room we used to live the three of us. Karen needs to move out of this town as she has got a job elsewhere so she is only around here for a month.The problem here is that we had opted to stay the three of us since none could afford living alone. Just three months after I left Tina to stay with Karen now Karen is about to leave. Tina can not afford it alone’. As she spoke all these Ian just listened without interruption but when she posed Ian asked ‘so what is the problem?Are you suggesting that you want to go back there?’ she knew that this would worry Ian, he would do anything to have in his room and so she said to him ‘you see that is the only other option since it might not be ideal to you to have her here staying with us’ do you think Tina agree to come and stay with us? This was Ian asking. Julie told him that she was not sure about it but if Ian would not have a problem with it then she would ask Tina when they met next about it.Then Ian said; ‘ that is not something to worry about to the point of losing concentration, all is going to be okay for her, we can stay with her if she agrees if she refuses then it means she has a better option and therefore the problem will be solved.
Tuesday, January 7, 2020
Michael Jordan - 1116 Words
History of the Michael Jordan Shoe Michael Jordan is one of the most well-known, successful, and wealthiest basketball players there is. In 1984, he won the National title at the University of North Carolina and a Gold Medal at the Olympic Games in Los Angeles; he then was selected 3rd overall draft pick by the Chicago Bills in the NBA. That year he also signed a $2.5 million dollar endorsement deal with Nike and that where it all began. In 1985, Nike gave Jordan his own signature line of shoes and clothing, very different than any other brand. The first Air Jordan 1 shoe was produced and sold for $65 dollars and featured the Nike swoosh on the mid panel and a newly designed winged logo on the ankle. This shoe paved the way for†¦show more content†¦The Jordan VII made several changes to the commercials Nike aired; it now featured MJ and Bugs Bunny both wearing the Air Jordan VII. Michael wore these shoes while playing in the Olympics as he led the â€Å"Dream Team†to a gold medal win. In 1993 the A ir Jordan VIII were released, these again had very minor changes. The colors for this shoe were originally produced in White/Black/Red leather and two suede versions in Black/Red and Black/Aqua. The Black/Aqua shoe was the one MJ wore in the 1993 NBA All-Star game is one of the most sought-after original Jordan’s. This shoe was also re-released in 2007 and sold out immediately. After leading the Bulls to three straight NBA championships, Michael Jordan retired from pro basketballs to purse a dream he had of playing baseball. Nike still moved forward with producing another Air Jordan, this one was called the Air Jordan IX, released in 1994. Although Michael Jordan never wore these shoes on the basketball court, several others did. Some of those people are Penny Hardaway, Kendall Gill and high-schooler LeBron James. MJ retired from baseball in 1995 and planned to return to basketball. The Air Jordan X came out in 1995. 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Monday, December 30, 2019
Technology And Society Impact Of Technology On Society
Introduction Technology has impacted people, businesses and society as a whole. The roles that technology has played on communication, business and education have been more than impactful. As the power of computers continue to increase with help from databases, social networking and businesses, it adds an increase to office productivity compared to using typewriters, and filing cabinets. Although there are plenty of good things about technology, the way we use it determines if it impacts are positive to the society or negative. As modern technology continues to grow and advances, so does the future effect on our life and society. The impact of technology on communication business and education, has been extensive and largely positive by helping people keep in touch (Ramey, Karehka. Technology And Society - Impact of Technology On Society. Use of Technology). However, there are also plenty of downsides from technology s impact on communication and society. The purpose of this report is to give an analytical view on the topic of technology in the 21st century. The report will address how technology is used in communication and business. Secondly, the report will compare the effects it may have on learning and education. The report will also explain the advantages and disadvantages of technology. Finally, the report will discuss the impact on society. In preparing this report, online research was done on how technology affects education, communication and business in theShow MoreRelatedImpact Of Technology On Society : Technology1281 Words  | 6 PagesImpact Of Technology On Society Technology, without a doubt has an impact on society. As a matter of fact, we experience this impact in our daily lives. The evolution of technology has dramatically changed the way we think, with the rapid new advancements being made with each passing day, to the tremendous opportunities it provides us with. It has an effect on the growth of our culture, living standards and our economy. At the end of the day technology plays a significant role in almost all fieldsRead MoreTechnology And Its Impact On Society1302 Words  | 6 Pages Technology Dominates Society How has technology affected the everyday life of society today? Is society as social as it use to be before everyone had access to an abundance of technology? Many people believe that the answer to those questions are that society is less social and technology has had a negative impact on humans today. As technology progresses bounteously society begins to rapidly decline. The ways society is negatively impacted socially mentally and emotionally will be analyzed. Read MoreTechnology And Its Impact On Society1198 Words  | 5 PagesTechnology is used on a daily basis to accomplish specific tasks or interests. Modern technology increases human capabilities and this technology has evolved with years. 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Humans have lived for thousands of years without any technology in small hunter gatherer communities, but now we have all of this technology and the population on Earth has exploded and will not stop anytime soon. â€Å"Society seems enthralledRead MoreTechnology And Its Impact On Society1596 Words  | 7 PagesSociety has become dependent on technology and it now plays an important role in many people’s lives. Try imagining your life without technology. If the internet, mobile devices, and games were taken away from us, how would we feel? M any people would feel like a part of their lives are missing due to technology now being a necessity in their everyday life. It would be very different from what we are comfortable with today. The truth is, many people rely on technology to get them through the dayRead MoreTechnology and Its Impact on Society1082 Words  | 5 PagesTechnology and its impact on society In this paper I will talk about the topic that technology will eventually destroy the entire civilization, since people are greedy and the revenge of nature. Technology s advantages and disadvantages are a subject of constant discussion. Those who are against technology have the opinion that technology harms people and will ultimately ruin human civilization. Threats to the environment are pollution, resource depletion, greenhouse gas, and nuclear power abuseRead MoreTechnology Impact On Society1356 Words  | 6 PagesThe technology used in society is regularly changing and developing in a way that forces a push of usage in all aspects of life. This technological growth happening in the world is increasingly rapid, with new advancements being made with each passing day. It has become an integral part in almost every person’s live, whether they realize it or not. Many find these technological advances to be beneficial and necessary to life, while some see it as simply a dist raction. Whatever opinion held, it can
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