Saturday, January 25, 2020
Martin Manufacturing Company Historical Ratios :: essays research papers
Martin Manufacturing Company Historical Ratios RATIOS     ACTUAL 2001     ACTUAL 2002     ACTUAL 2003     INCREASE (DECREASE)     INDUSTRY AVERAGE                          Current ratio     1.7     1.8     2.5     0.7     1.5 Quick Ratio     1.0     0.9     1.3     0.4     1.2 Inventory turnover (times)     5.2     5.0     5.3     0.3     10.2 Average collection period (days)     50.0     55.0     58.0     3.0     46.0 Total asset turnover (times)     1.5     1.5     1.6     0.1     2.0 Debt Ratio (%)     45.8     54.3     57.0     2.7     24.5 Times interest earned ratio     2.2     1.9     1.6     (0.3)     2.5 Gross profit margin (%)     27.5     28.0     27.0     (1.0)     26.0 Net profit margin (%)     1.1     1.0     0.7     (0.4)     1.2 Return on total assets (ROA %)     1.7     1.5     1.1     (0.4)     2.4 Return on common equity (ROE %)     3.1     3.3     2.5     (0.8)     3.2 Price / earning (P/E) ratio     33.5     38.7     34.5     (4.2)     43.4 Market/ book (M/B) ratio     1.0     1.1     0.9     (0.2)     1.2 Analysis Liquidity: The current ratio and quick ratios for the year 2003 are at 2.5 and 1.3, which are both higher than the industry average. The company has enough to cover short term bills and expenses. Both the current and quick ratios are showing an upward trend compared to 2001 and 2002. The current assets decreased by $ 20,264 to $ 1,531,181 and the current liabilities also decreased considerably by $255,402 to $616,000, a 29.3% decline, thus making the current ratio jump to a 2.5. The biggest decline was seen is accounts payable which decreased by $170,500 to $230,000, a decline of 42.6 %. Activity:      The inventory turnover is almost half compared to the industry average, although it managed to increase by 0.3 compared to 2002. The company needs to maintain a constant cost of goods sold and at the same time manage inventory more efficiently to maintain market competitiveness. The average collection period also increased slightly to 58 days, three days increase compared to 2002. The company needs to negotiate or persuade on efficient payment methods to customers to decrease the collection period down to industry average. The total asset turnover increased 0.1 to 1.6 but still failing to meet the industry standard of 2.0. Martin Manufacturing needs to boost sales while maintaining a constant asset value to meet or exceed industry standards. Debt:      The debt ratios increased by 2.7% to 57% more than double the industry standard of 24.5%. The long term debt increased from $700,000 to $ 1,165,250 an increment of 66.5% in the year 2002. The company is currently highly leveraged thus it needs to work on reducing long term debts and continue to increase assets. The times interest earned ratio dropped by 0.3 to 1.6 in the year 2003. The company could face difficulties making interest payments in case of a sales slump. Profitability: The gross profit margin is at 27% which is a percent higher than industry standards. The company is performing good and meeting industry standards in terms of cost of goods sold and sales volume. The net income margin decreased to 0.7% in 2003 a decrease of 0.3% compared to 2002.
Friday, January 17, 2020
Royal Malaysia Customs Department: Parking Problems
Parking problem at Royal Malaysia Customs Department and its solutions. Parking at the Royal Malaysia Customs Department has been a difficult proposition. Rising the necessary additional units and support staffs have Increased demand for parking. The building is ill-equipped to accommodate the rise of population growth which only exacerbates the problem. Taking into account of the problem, a number of potential solutions are proposed; these include a park and ride information system facilities, bicycle facllltles and vehicle stacking will be further explain below. TheHeadquarters of Royal Malaysia Customs Department Is located in the centre of administration in Putrajaya, in which park and ride services are made available. However, the park and ride lots are a different situation. Location, size, accessibility, cost, and frequency ot transit service can have a significant effect on how popular the service Is. An advanced traveller Information system could be Implemented for the park and ride lots in Centre of Administration in Putrajaya. This would provide real- time details about the availability of parking spaces in each of the park and ride lots through a variety of media.The information provided through this system is likely to be most useful on corridors where there Is both an ‘inner-ring' and ‘outer-ring' park and ride lot. For example. a car coming from precinct 17 is likely to prefer parking at Alamanda Putrajaya since that facility is served by two buses that run more frequently than at the Precinct 8 park and ride lot. If he drives as far as the north to Alamanda Putrajaya, only to find that there are no spaces, he Is left with several choices: drive to the Precinct 8 or Precinct 9 lots. pay for parking on or near offce building, or turn back and park at the precinct 16 lot.In any case, he pays a penalty in lost time and extra petrol; if he parks in town, he will also be paying an additional fee. If, however, he knew that the Alamanda Putr ajaya lot was full before he reached the other lot, he could park there and save himself time, money, and frustration. Second, to be in line with government encouragement to use bicycle, hence the bicycle facility improvements should address two elements in order to embolden the use of this mode. Travel facilities, such as bike lanes, wider shoulders, off-road bike paths, and the like, help make the Journey safer and more pleasant.Storage facilities in the building should be convenient and secure. This could take the form of bike lockers which provide dry, secure storage. Bike shelters could be added in areas with existing bike parking, which would protect parked bikes from the weather. one interesting fact of people who commuted by bicycle to workplace is the amount of money a person could save a year. This makes sense because the cyclist usually less concern about the hike of petrol rates and parking fees. The main concern of a cyclist is likely about the security and protection o t their bicycles while parked.Lastly, nother option to decrease the demand for parking at Royal Malaysia Customs Department is by vehicle stacking, a mechanical parking solution that enables multiple vehicles to be parked in the footprint of a single vehicle. This presents a potential method for increasing the number of parking spaces. In the context of the tOf2 Royal Malaysla customs Department DullOlng, tnls type 0T tecnnology Is only sulta for use in parking decks. Future parking structures could be designed to accommodate vehicle stackers; however, this type of technology requires a trained operator and thus is only suitable for valet parking.These devices are also unsuitable for many types of vehicles, including vans and trucks. Stackers require significant capital outlay per space, plus additional electricity requirements for each stacking mechanism. At the current time, these drawbacks mean that vehicle stacking is unlikely to be a practical solution at Royal Malaysia Customs Department. In conclusion, parking problems at Royal Malaysia Customs Department can be reduced by making efforts to improve the facilities of park and ride information system, provide safer and conducive surrounding to cycle and offer car stacking technology in the building.
Thursday, January 9, 2020
Tuesday, December 31, 2019
The Need for the Legalization of Physician-Assisted Suicide
Throughout the course of history, advances in medical technology have prolonged the length of life and delayed death; however, terminal illnesses still exist and modern medicine is often unable to prevent death. Many people turn to a procedure known as Physician-Assisted suicide, a process by which a doctor aids in ending a terminally ill patient’s life. This procedure is painless and effective, allowing patients to control their death and alleviate unnecessary suffering. In spite of these benefits, Physician-Assisted suicide is illegal in many places both nationally and internationally. Despite the fact that Physician-Assisted suicide is opposed by many Americans and much of the world on ethical and moral grounds such as those based on†¦show more content†¦In Oregon, for example, the practice became legal in 1994 but many different lawsuits and court cases delayed the implementation of the law for years. Lawsuits blocked Oregons Death with Dignity Act for three yea rs after it was passed. (DOC: Assisted Suicide). Unfortunately, voter initiatives have often blocked the use of laws allowing Physician-Assisted suicide. Over time, many states have attempted to pass laws to make Physician-Assisted Suicide legal; however, these voter initiatives have failed to pass in almost every state, with the exceptions being Oregon, Montana, and Washington. (Suicide, Euthanasia, and Physician-Assisted Suicide). Further, these initiatives have been attempted many times, such as in California, but have failed to gather enough support. (Introduction to Assisted Suicide: Current Controversies). Nevertheless, the support for the legalization of Physician-Assisted Suicide is increasing across America and may become a more widely accepted practice in the near future. (Suicide, Euthanasia, and Physician-Assisted Suicide). While support for Physician-Assisted suicide is increasing, it is unlikely that the issue will become one decided by the federal government and will remain a state issue instead. This issue, however, is not unique to the United States; it is a controversial topic in many European nations. Many European nations allow assistedShow MoreRelatedEthical Considerations in Dealing with Changes in the Healthcare System929 Words  | 4 Pagesconsideration that creates controversial discussion is the subject of physician-assisted suicide. Physician-assisted suicide is described as the act in which a physician provides the means necessary for the client to perform the act of suicide. The issue of physician-assisted suicide is viewed through many different perspectives. The topic of physician-assisted suicide has been debated since the development of medicine. Physician-assisted suicide was first legalized in the United States in Oregon in 1997.Read MoreArgumentative Essay On Assisted Suicide1101 Words  | 5 PagesAssisted suicide is a topic that has ignited a severe debate due to the controversy that surrounds its implementation. Assisted suicide occurs when a patients expresses their intention to die and request a physician to assist them in the process. Some countries like Oregon, C anada, and Belgium have legalized the process terming it as an alternative to prolonged suffering for patients who are bound to die. Unlike euthanasia where a physician administers the process, assisted suicide requires thatRead MoreSince The Fifteen Century, Society Has Viewed Suicide Or1178 Words  | 5 PagesSince the fifteen century, society has viewed suicide or intentional death as immoral. It was not until the twentieth century that these â€Å"immoral†attitudes were challenged. As of 2016, the Netherlands, Belgium, Luxembourg, and Colombia have unambiguously legalized direct assisted dying. Other areas, having to undergo a process of either a judicial or legislative decision, include Canada, Japan, and Germany. Currently in the United States, following the same process of a judicial or legislative processesRead MorePhysician Assisted Suicide Should Be Legalized1487 Words  | 6 Pagesthat physician assisted suicide should be legalized in the case of a chronic i llness, where the patient must take a large amount of drugs to heal themselves and or to subdue pain, and where the patient is living a life that is less fulfilling, or diluted, from their life before. Physician assisted suicide can be to patients who are suffering and wish to end their life, with the help of a physician so the patient could feel more comfortable or safer. As mentioned in class, physician assisted suicideRead MoreAssisted Suicide And The Death With Dignity Act803 Words  | 4 PagesIntroduction Physician-assisted suicide (PAS) occurs when a physician facilitates a patient’s death by providing the necessary means and/or information to enable the patient to perform the life-ending act (e.g. the physician provides sleeping pills and information about the lethal dose, while aware that the patient may commit suicide). [Carter, 2015]. According to Death with Dignity.org, Oregon, New Mexico, Vermont, Washington and California along with Montana who administrated the Death with DignityRead MorePros And Cons Of Assisted Suicide1743 Words  | 7 PagesWhat is assisted suicide? Merriam-Webster lists assisted suicide as â€Å"suicide committed by someone with assistance from another†(Assisted Suicide, n.d.). Particularly by a licensed health care provider/physician willing to participate and authorized by the state. The physician will assist with, in administering an approved prescription drug and a lethal dosage. Assisted suicide acts upon the legal request and appr oval of state law and patient request for the reasons of a terminal condition in orderRead MorePersuasive Speech : Physician Assisted Suicide1308 Words  | 6 PagesCheyenne Jamison 4/19/17 Persuasive Speech Outline Topic: Physician Assisted Suicide Specific Purpose: To persuade the audience to favor the legalization of Physician Assisted Suicide. Thesis: Physician Assisted Suicide is sometimes misunderstood due to how it is termed, but this is something that needs to be deeply evaluated and legalized in all 50 states. I. Introduction: A. Attention Material/Credibility Material: The John Hopkins News-Letter said in 2014 â€Å"What would you do if you only hadRead MoreThe Ethics of Euthanasia Essay1742 Words  | 7 Pagesmisery, however in the state of North Carolina, physician-assisted suicide is illegal. Luckily, her father passed away this year and is finally free of pain and suffering. However, if physician-assisted suicide was legal, her father would not have had to suffer as long as he did. Before we explore the sides of physician-assisted suicide, let’s go over exactly what physician-assisted suicide entails. When the topic of physician-assisted suicide comes up, many individuals believe it is the sameRead MoreLegalizing Assistive Suicide1278 Words  | 5 PagesAssistive suicide, also known as euthanasia, â€Å"is suicide committed by someone with assistance from others, typically to end suffering from a severe physical illness†(American Heritage Dictionary, 615). This action is most commonly committed between doctor and patient interactions. This controversial issue depicts suicides as a helpful solution to personally benefit terminally ill patients, as opposed to a forbidden social issue. Assistive suicide has become a major debate of legalization. â€Å"This isRead MoreEuthanasia And Assisted Suicide Should Be Legalized Essay1221 Words  | 5 Pagesco-authors of â€Å" Why active euthanasia and physician assisted suicide should be legalized †suggest that active euthanasia should be legalized because it can end a patient’s suffering, there is not much of a difference between the passive and active euthanasia, and it gives the patient a choice. In the article,â€Å"Why active euthanasia and physician assisted suicide should be legalized†, Len and Lesley Doyal argue that active euthanasia and physician assisted suicide should be legal in medical practices;
Monday, December 23, 2019
John F Kennedy And Richard Nixon - 1612 Words
In our nation, the power of Democracy is our greatest power. The job as a citizen is to elect representatives to keep in contact with our personal liberties and create equal power in governing for all. During the 1960 election, John F Kennedy and Richard Nixon created what is known as the First modern campaign. In the book, â€Å"The First Modern Campaign†, by Gary A. Donaldson, he discusses some of the struggles Kennedy had to go through in order to come out on top. The fact that Kennedy was not a liberal made it very hard at first to win over any votes. In the Textbook, â€Å"American Government, Roots and Reform†, it stated that a liberal is, one who favors greater government intervention, particularly in economic affairs and in the provision of social services. In previous history, Kennedy, has completely gone against the liberals and has supported communist activities. Kennedy knew, however, that he would not win the election without the support of the liberals. (3 9) Kennedy tried many ways to appeal to the people of the united states, however, his competitors seemed to always have an upper hand. Until Humphrey came along during the primaries and Kennedy could portray himself as the underdog. Humphrey never had a lot of votes, but as time went by the money for his campaign lessened and he later described it as, â€Å"money for a campaign is as basic as gasoline for a motor, if you run out, the vehicle stops.†(49) While touring Wisconsin during the primaries Kennedy’s religion cameShow MoreRelatedThe Presidential Debates Between John F. Kennedy and Richard Nixon1524 Words  | 7 PagesThe Presidential Debates Between John F. Kennedy and Richard Nixon In the Presidential Election of 1960 John Fitzgerald Kennedy and Richard Milhouse Nixon were in a series of debates that were different from past debates. The three biggest national television networks arranged for the debate to be televised on all three stations. The Democratic candidate, Senator Kennedy from Massachusetts, and Vice President Nixon both agreed on the televised debates. Each debate was given a subjectRead More1960 Presidential Election: Richard Nixon vs. John F Kennedy2667 Words  | 11 Pagesï » ¿President Election 1960: Richard Nixon v. John F. Kennedy The 1960 Presidential Election was historic in its new approaches to media and televisions ability to capture the future leader of America live for the first time. Previous presidents had been listened to via radio, and seen in retrospect in movie theaters, particularly during World War II, but 1960 was the first time the majority of Americans were able to watch their future President debate his opponent and feel the immediate reactionsRead MoreThe First Televised Debate Between Richard Nixon And John F Kennedy936 Words  | 4 Pagesevent that kicked off the 1960s was the first televised Presidential Debate between Richard Nixon and John F Kennedy. This debate changed the way the American populous approached politics because it allowed anyone with a television to have a front row seat to the debate. Furthermore, when individuals listened on the radio, the thought that Nixon had better answers, but when citizens saw how composed John F Kennedy was, they believed that he had one. Also, the event that closed the 1960s was theRead MoreEssay on The Watergate Scandal1270 Words  | 6 Pagespresident Richard Nixon re election campaign, and they were caught trying to wiretap the phones. The robbers who tried to wiretap the phones were not successful. more robbers broke into the Watergate building with a new microphone, but a guard noticed that they broke the locks on the doors. The guard called the police as soon as possible, they showed up and caught the crooks red handed and took the to jail. it was not completely clear that the crooks were connected to the president Richard Nixon. ThereRead MoreBiography Of John F. Kennedy Essay1644 Words  | 7 Pagesboth candidates Republican Richard Nixon and Democrat John F. Kennedy. Nixon and Kennedy were polar- opposites when it came to politics and even their personalities were distinct. John F. Kennedy was young and charismatic whereas Nixon was more traditional with his ways of running his campaign. John F. Ke nnedy prevailed with his ability to manipulate the press and use his money in ways other candidates have never been able to do before. Born to Joe and Rose Kennedy, John was one of four sons thatRead MoreJohn F. Kennedy: A Legacy Never Forgotten1377 Words  | 6 Pages Forgive your enemies, but never forget their names(Brainy Quotes). John F Kennedy said this during one of his speeches, and ironically no one will ever forget the name of the person who murdered him, Lee Harvey Oswald, an enemy of the American Public. When Kennedy ran for office, he had to seem like the more experienced candidate and appeal to all of the people. During his speeches, Kennedy engaged his audiences and they hung on his every word. However, the tragic event of his assassinationRead MoreJohn F. Kennedy s Accomplishments Essay1532 Words  | 7 PagesIn the end, John F. Kennedy, the Democratic nominee, had only been elected by a one-tenth of a percent margin against his Republican party opponent, Richard M. Nixon. John F. Kennedy had made specific decisions as the Democratic candidate that helped him leap to victory. Specifically, JFK’s performance during the first televised debate, decision to focus on key large states, Houston tape, and other decisions had overall led to him winning the election of 1960. On the other end, Nixon had made someRead MorePresidential Debate Over Presidential Debates947 Words  | 4 Pagesthrottle, Kennedy and Nixon’s presidential debates of 1960 are still very much a part of American democracy. Televised presidential debates have become a backbone in an American election. Although these debates are now considered a norm in American politics, this has not always the case. Even after the first time a presidential debate was held between presidential candidates from across the aisle, it took another 16 years for another debate to occur. It is highly doubtful that either Nixon or KennedyRead MoreDo Public Debates Help Or Hurt Candidate Success?868 Words  | 4 PagesSenator John F. Kennedy and Vice President Richard Nixon was about to partake on an adventure that was ordinary. On that night, one of the most legendary moments transpired. This moment increased the power of television and benefited e lectioneering since the political button on a shirt. The Nixon-Kennedy encounter had all interest, with the nation watching the first televised presidential debate. For a majority of the United States of America, it was their first presentation of John F. Kennedy. WhenRead MoreKennedy-Nixon Debate Analysis779 Words  | 4 PagesProfessor Fernando Ganivet SPC 3540 – Persuasion October 22, 2013 Kennedy-Nixon Debate Analysis There may be more truth to the old saying, â€Å"it’s not what you say but how you say it.†On average, 93 percent of meaning found in communication comes from nonverbal messages (Mehrabian 1967). Nonverbal communication is the wordless transmission of information through body language, gestures, tone, space and appearance. The first televised presidential debate is a pivotal example of how pervasive
Sunday, December 15, 2019
Acer’s North American market Free Essays
Acer’s North American market share has slipped over the past few years, while in contrast, the company’s European market share has risen. [8] In the mid-2000s years, consumer notebooks have been almost the sole growth drivers for the PC industry, and Acer’s exceptionally low overheads and dedication to the channel had made it one of the main beneficiaries of this trend. [9] Acer grew quickly in Europe in part by embracing the use of more traditional distribution channels targeting retail consumers when some rivals were pursuing online sales and business customers. We will write a custom essay sample on Acer’s North American market or any similar topic only for you Order Now In 2007 Acer bought Gateway in the USA and Packard Bell in Europe and became the Number 3 world provider of computers and number 2 for notebooks, and achieved significant improvement in profitability. Acer has been striving to become the world`s largest PC vendor, in the belief that the goal can help it achieve economy of scale and garner higher margin. [10] But such a reliance on the high-volume, low-value PC market made Acer exposed when buying habits changed. On June 2011 Acer re-evaluated its inventory-management strategy in light of worsening economic conditions in Europe, clarifying a large write-down. Acer said the main reason for the disputes was â€Å"high inventory†carried by distributors of its products, reflecting an â€Å"inappropriate strategy†in its European operations under the current market situation. In a written response to questions from The Wall Street Journal, Acer said â€Å"Southern Europe’s economic situation has been worsening since last year†and the stagnant technology market, particularly in Spain, â€Å"influenced Acer’s PC sales†. Acer discovered the problems through a routine audit, it added How to cite Acer’s North American market, Papers
Saturday, December 7, 2019
Health Information Management for Korzybski- myassignmenthelp
Question: Discuss about theHealth Information Management for Korzybski. Answer: Medical records are important to healthcare staff and physicians to learn in a short time the patients medical care history. This enables them to understand current diagnosis, prior care so as to be able to come up with a treatment plan for the patient. In patient care, clinicians deem medical records as vital tools. They contain patients self reported information, diagnoses notes from physicians, care, lab tests, biographical data, other medical conditions, preventive therapies and earlier treatments. Therefore, these records help clinicians to know where the patient is going by understanding where they have been. It acts as a roadmap in the patients treatment more so to subsequent physicians to provide the best possible care to the patient. The long standing views of Korzybski that the map is not the territory and the representation of reality is not reality itself are not legitimate in this situation because the patients medical records represent every bit of the medical condition the patient is in. It is this records that are used to formulate a treatment plan for the patients. Therefore, whatever is in the medical record is legitimate otherwise patients could not be getting better from their ailments after treatment. Medical records contain the reality of a patients illness. The information recorded is gotten from past records, diagnosis, observations and lab tests making it real. Medical records do not just embody patients medical history but also forms a basis for treatment. Contemporary medical records are meant to aid cognition, create a comprehensive and continuous account of care, communicate and support the patients long term care. They help in creating medical decisions and relationships and at the same time decrease workload. Documentation of Medicare is overtaking care delivery in terms of perceived importance, clinician focus and time. Medical records are used to provide evidence to backup patient care aspects and for evaluation purposes to enhance the services quality. The records have been used for research to improve, guide performance, as a legal record and support making of decisions. All these uses tend to shift clinician attention more to appropriate record keeping other than focusing all the attention to patient communications and narratives. Medical records use in reimbursement policy coarse providers to document services legibly, accurately and completely for the third parties that are mostly insurers. This increase the lengthy of the records in HIMs in a bid to communicate to set standards by insures which in providing care services are not helpful. However, these should be done to enable claims settlement easy even though it strains service providers. Concerns of compliance and time constrai nts have created poor documentation as a current monster in medical records; however it can be easily solved by eliminating the causes. References Bleich, H. L., Slack, W. V. (2010). Reflections on electronic medical records: when doctors will use them and when they will not. International journal of medical informatics, 79(1), 1-4. Boonstra, A., Broekhuis, M. (2010). Barriers to the acceptance of electronic medical records by physicians from systematic review to taxonomy and interventions. BMC health services research, 10(1), 231. Chapnick, P. (1989). The Map is Not the Territory. ETC: A Review of General Semantics, 352-354. Leung, R. S. (2013). The map is not the territory. Urbanik, B. A. (2012). The Map is Not the Territory (Master's thesis, University of Waterloo).
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