Using Financial Planning To Manage Financial Resources Finance Essay - Free Essay Example

Sample details Pages: 4 Words: 1189 Downloads: 9 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? Financial management is that managerial activity which is concerned with the planning and controlling of the companys financial resources. The basis for financial planning, analysis and decision making is the financial information. Financial information is needed to predict compare and evaluate the companys earning ability. Don’t waste time! Our writers will create an original "Using Financial Planning To Manage Financial Resources Finance Essay" essay for you Create order It is also required to recognize in economic decision making investment and financial decision making. Financial analysis is the process of identifying the financial weaknesses and strengths of the by properly establishing relationships between the item of the profit and loss account and balance sheet . Financial Statements are primary need for decision making. They play a key role in setting the framework of managerial decision makings. financial management is very important to every firm. Financial management take the decision about the firm accounts and financial position ,and they should follow the local government financial policies. the objective of affirm should be to create value for its stockholders, value is represented by the market price of firm. the company should be concentrates on profit maximization. Financial manager is follow with determining the best financing system or structure. Financial management is analyze the yearly financial position of the firm . And fi nancial managers take the major decisions on the firm economical position. objectives of the study: The main objectives of the study are to evaluate financial performance of M.G FABRICATIONS. Analysis the financial performance of M.G FABRICATIONS financial position. To know the changes occurring in economic resources and obligations. Analyze the three years financial position Determine the economical recourses of the company Use the founds in proper way Analyze the company economic position and performance Interpret the financial statement , planning and decision king scope of the study: The study represented to the analysis the different types of accounts in the company. Company incomes ,expenses, profit and loss also studied in this analysis. What is the significant role in company ,which dessions are taken in the form about the financial development also need to company development. methodology used in the study : Methodology is a systematic procedure of collecting information in order to analyze and verify a phenomenon. The collection of information is done two principles. They are as follows: Primary Data Secondary Data Primary Data: Primary data is the information collected directly without any references. In this study it was mainly through interviews with concerned officers and staffs either individually or collectively some of the information had been verified or supplemented with personal observations. The data includes Conducting personal interviews with the officers of the financial department. Guidelines and necessary information taken from my guide. By using primary methods to collect the primary information or data. observation method Survey method Interview method. Secondary Data: It was collected from already published books. This includes magazines and other internal records. The data includes: By referring to the books in the company. By collecting data fr om the websites. By collecting data from company annual reports. Research methodology is a way to systematically solve the research problem. It may be way to systematically solve studying how research is done scientifically, in it we study various steps that are generally adopted by a research in studying, but also methodology. limitations of the study: Though financial statement are relevant and useful for me concern, still they do not present a financial picture of the concern. The utility of there statements is dependent upon a number of factors. The case is limited to only by following:- The study is mainly based restricted to only three years. While computing ratios, averages and percentages the figures are appropriated to two decimal places. Therefore some times the total may not exactly tally. Only ratio analysis has been taken for the study of a tool of financial analysis and no other techniques is used. Assuming of the results of financial performanc e. Analysis is subjected to the accuracy of the data collected from the annual reports of MG Fabrications. The study is based on the historical data. Therefore it may not be future indicators. PROFILE OF MG FABRICATIONS: MG Fabrications is a private corporate company, It has number of branches in the worldwide.it is US based company,categorized under fabric manufactures and located in North Syracuse, it was established in 1996 and incorporated in Newyark ,current estimated show this company has an annual revenue of 380,000,employs a staff of approximately 5, Statement of Comprehensive Income 2008 2009 2010 Â £ Â £ Â £ Total sales 26006.8202 40960.742 56564.83 Less: cost of sales 20805.4561 34133.951 48112.62 Gross profit 5,201 6,827 8,452 Less: expenses 2600.68202 3250.8525 3901.023 Less: loan interest 0 0 6960.118 Net profit 2,601 3,576 -2,409 ======== ======== ======== Statement of Assets and Liabilities at 31 March: 2008 2009 2010 Â £ Â £ Â £ Fixed assets 61945 64729 70297 Current assets: Inventory 17400 34801 69601 Accounts Receivable 34801 73081 167043 Cash at bank 12345 18705 14208 Current Liabilities: due in less than 1 year Trade accounts payable 38977 77953 115538 Bank overdraft 0 0 0 Non-Current Liabilities: due in more than 1 year Loan 0 0 69601 87514 113362 136010 ======== ======== ======== Equity Capital Capital brought forward 69601 87514 113362 Add: profit for year 2601 3576 -2409 Less: dividends 15312 22272 25056 Capital carried forward 87514 113362 136010 ======== ======== ======== interpretation: From the above analysis it is observed that during the year 2008, there has total sales 26006.8202. Total sales has been an increase in during the year2009 upto 37695.92 i.e., 15.75%,and the next year(2010) also total sales has been increased upto 15604.088 i.e 13.80 Cost of sales has been increased from 2008-2010 Less the cost of sales from sales for find gross profit Gross profit=sales cost of sales From the above analysis Gross profit has been increased in 2008-2009(1626 i.e. %13.12) and also increased Gross profit in 2009-2010(1625 i.e. %12.38). And less the expenses and loan interest to get the Net profit In 2010 the expences and loan of interst has been increased during the year 2010 so the netprofit has been dec resed The above Statement of Comprehensive Income Net profit has been increased In2008-2009( i.e975. %13.75) In 2010 therese is net profit it gain only loss i.e 2,409 In the statement of Assets and Liabilities, fixed assets increased in year by year The current assets and fixed assets increase in 2008-2009(2784) and 2009-2010(5568) the percentage of fixed assets are increased . The current liabilities increased to 38976 i.e., 19.99%. In 2008-2009,the liabilities in 2009-2010 has been increased to 37585 i,e14.82 No non-current liabilities in 2008 and 2009. In the above assets and liabilities statement in2010 there is no impressive d evelopment in firm Dividends are increased from 2008-2009 (6960 i.e. %14.54) and 2009-2010(2784 i.e. 11.25) here also the percentage of dividends decreased. The overall financial position of the firm is not satisfactory but in 2010 not good result . GROSS PROFIT MARGIN=(GROSSPROFIT/SALES)*100 YEAR GPM 2008 19.99 2009 16.99 2010 14.94 The gross profit margin is decrease 2008-2010 Ratio Analysis: Current ratio year current assets current liabilities current ratio 2008 64536 38977 1.655745696 2009 126587 77953 1.62388752 2010 250852 115538 2.771164465 1 conclusion In the 2008 current ratio is 1.655745696,in 2009 current ratio is1.62388752 So, the current ratio has been decreased from 2008 to 2009 Current ratio has been increased in 2010 i.e 2.77116445 Current assets has been increased in all years, as well as current liabilities also increased But net lass has been there in 2010 compan y should be concentrate on profit maximization company has been perform well BIbilographyreferance IM .panday;financial management;tata McGraw Hill;6th James c. Vanhorne; financial management policy;PHI;12th edition RP.Travedi;financial accounting;springer ;7th Accounting for non-specialists;Michael Jones;John Wiley sons; www.googlebooks.com. www.refwork.com www.wikipeidea.com

The Truth Of Drug Addiction - 2365 Words

Brandon LaVoie Mr. Calaver American Literature 2: Period 1 May 9, 2016 The Truth Of Drug Addiction â€Å"Life was good before I met the monster. After, life was great. At least for a little while† (Hopkins 1). In Ellen Hopkins novel , Crank , the main character, Kristina experiences her life collapsing due to methamphetamine. Kristina’s life had many possibilities of being successful. She was a gifted high-school student, discreet and never in trouble. Her talent was thrown away when she was introduced to methamphetamine. The reader follows Kristina s downward spiral as she attempts to feed her addiction and deal with the consequences of the bad decisions that she has made. At one of her lowest points, Kristina gains knowledge that she is†¦show more content†¦Methamphetamine and heroin affects American society negatively. Daniel Pontzer talks about how methamphetamine laboratories are dangerous. The illicit production of methamphetamine is a very dangerous activity. Explosions and fires are a serious risk, especially if the toxic and combustible chemicals used to produce meth are exposed to too much heat, whether from the cooking process or from open flames. The heating of the chemical red phosphorus, an ingredient used in the drug’s production, creates a deadly gas. Each pound of manufactured methamphetamine produces about five to six pounds of hazardous waste, and meth producers take no special precautions when disposing of this waste. In some areas, the dumping, burning, or burial of such waste can threaten the drinking-water supply and contaminate the septic system. The health risks created by the toxic waste produced by meth labs include dizziness, hypertension, skin and respiratory system damage, asphyxia, cardiac arrest, stroke, coma, and death (Pontzer). Daniel Pontzer illustrates the dangerous activity of making methamphetamine. Poorly made methamphetamine laboratories are in risk of exploding, affecting areas around the exploded structure. Laboratories produce toxic fumes, that could harm living individuals nearby. Toxic waste produced by methamphetamine laboratories are often disposed carelessly. Drinking water may be affected

Pepsi Rhetorical free essay sample

Often times we don’t really think about the things that we see and how they are presented to us. We tend to focus on what is being showed to us rather than how we feel about the certain objects. Many companies and manufacturers use advertisements that will focus on a certain age group and use pictures or facts that people of that age would be interested in. Along with focusing on a particular age group, companies and manufacturers also use rhetoric and Aristotle’s three appeals (logos, pathos, and ethos). One particular advertisement that shows great examples of rhetoric and Aristotle’s three appeals is the advertisement shown to the right. These are the parts of advertisement that we don’t think about when looking to buy something we necessarily weren’t interested in but was brought to our attention. This Pepsi ad is a rather interesting way the company chose to persuade an audience into buying their product. We will write a custom essay sample on Pepsi Rhetorical or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In this case Pepsi, the soft drink company, is focusing on rather young audience. As mentioned before, focusing on a specific age group or style of group is more effective in getting more customers for the product. In this case the ad has youthful people whom seem to be enjoying themselves while doing a variety of activities. On top of the pictures the words â€Å"LIVE FOR NOW† are displayed to persuade the targeted audience that they should live in the moment and enjoy their lives with a soft drink. This is where the first of Aristotle’s three appeals comes in. Ethos is the appeal to the credibility of the speaker or in this case, Pepsi. We would like to believe that Pepsi ads are credible on how people should live their lives but they aren’t. That’s the reason why they put pictures of other people having fun to make the ad more credible. Besides Nicki Minaj, we don’t know if the people displayed are random people or actors. This makes the intended audience believe that they could have happy and enjoyable lives if they drink Pepsi. I believe that the targeted audience for this advertisement is people in the age range of 15 to 30 year old. Of course younger and older people could be persuaded but in reality their biggest customers from this ad will be their targeted audience. The next of the three appeals that this advertisement touches on is pathos. Pathos is the way that manufacturers and companies use words or phrases that appeal to an audience’s emotions, values, or beliefs. In this ad example the words â€Å"LIVE FOR NOW† would be considered the pathos. This phrase helps by making people feel like they can only live in the moment and have fun by drinking Pepsi. Also everyone in the ad has smiles on their faces and they look good. This gives off a happy vibe that makes people want to purchase soft drinks even more. The last of Aristotle’s three appeals is logos. This appeal deals with reasoning. In this still ad there isn’t a strong showing of logos, besides the fact that everyone in the ad is having fun doing certain activities while supposedly drinking Pepsi. The Pepsi commercial I chose to analysis was made in 1984 featuring Michael Jackson (MJ). The commercial starts out by kids dancing, and drinking Pepsi, to the beat of MJ’s song â€Å"Billie Jean†. Eventually the kids tried to have a dance off against some teenagers but it never happens due to the fact that MJ interfered. After he showed up everyone started dancing together and MJ started to sing how the new generation of kids should drink Pepsi. In my opinion I feel that ethos in this commercial is quite similar to the still ad; the only difference is the targeted audience. I feel that the targeted audience for this commercial is younger since MJ is singing to a whole bunch of kids that aren’t in their teens. The pathos in this commercial was MJ’s singing. He remixed his Billie jean song to persuade the youth population in the 80’s to drink Pepsi. In his song he mentioned how the whole new generation was the best and how everyone should â€Å"feel† the Pepsi way. In other words he said that the kids should drink Pepsi to become the best generation. If you were to see the commercial you would soon realize that almost all people are dancing and enjoying themselves while drinking Pepsi. This is similar to the still add mentioned earlier. I feel like this is an advertisement strategy that is used in a variety of different commercials. Also in a coca cola study they concluded that kids are more easily influenced than adults (Zinkhan, LaTour, and LaTour 330). That’s the reason why in the 80’s they targeted such a young age group. What I also noticed is that there really isn’t much of the logo appeal in this commercial. They really don’t use any hard facts to support what they’re promoting. The people in the commercial don’t even represent logos because they would all be considered actors. In my opinion most advertisement made by Pepsi doesn’t contain Aristotle’s logo appeal but with or without the presence of logos, this advertisement has many appeals to it that would make it interesting and would make someone want to purchase Pepsi soft drinks. Pepsi now a day’s us a well known company that produces soft drinks. According to their mission statement they plan on being the premier consumer products company focused on convenient foods and beverages. They also strive for honesty, fairness and integrity (Our Mission and Values). I feel, from the shorten mission statement, that they have been able to accomplish everything they wanted to do. Even though they have been successful they plan on being the top producer in their business. In my opinion I feel like if they were to produce more advertisement containing more of Aristotle’s logo appeal there customer base should rise. Something inside of us makes us view things and analyze them to fall under certain categories that we find most interesting. Manufacturers and companies take it upon themselves to portray items in ways that they know will satisfy someone’s appeals. We subconsciously make decisions about the object being presented and if we like it, we choose to buy it. By doing this, we don’t realize that we are going off of the three appeals of logos, pathos, and ethos. Now we can think about these things before we pull out our wallet.

Cultural Components in Phraseology free essay sample

In recent  Ã‚  years , phraseology in the broad sense has become a unifying  Ã‚  theme for an increasing number of theoretical and practical linguistic studies. Among this broad palette of investigations into the meaning, structure or use of set-phrases, cross-linguistic research is one of the major and fascinating  Ã‚  topics. An Englishman may sleep like a dog, but Frenchman  Ã‚  will, among other possibilities, sleep like marmot(dormer comme une marmotte), a Dutchman like a rose, a German like a stone. This list might be extended to all  Ã‚  the languages of the world and would reveal  Ã‚  the amazing richness and diversity of language. Is the no rhyme or reason to the unbridled imagination underlying set phrases in different languages or is it possible to discover  Ã‚  some universal principles? Will set phrases enable researchers to gain information about the cultural patterns and ways of life prevailing in other parts of the world? Set phrases in the broad sense  Ã‚  have been identified in many languages. We will write a custom essay sample on Cultural Components in Phraseology or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It’s well known that phraseological tradition originated in Russia and Germany. As a result, Russian and German were among the first languages to be fully described from the point of view of phraseology, although the movement later extended  Ã‚  to English, French and most European languages. There is a close link between culture and phraseology. This is best revealed by proverbs and fully idiomatic set phrases, because they tend to rely heavily on images, traditions or habits, that are characteristic of a given culture. It’s no easy matter, however,  Ã‚  to draw a line between images that are related to more or less universal aspects of the human mind, and features of the specific culture. There is also a common idiomatic heritage to all European languages, originated from biblical, Latin and Greek expressions. The assumption that phrasemes, particularly idioms and proverbs allow access to a collective way of thinking of a language community belongs to the more general  Ã‚  and highly complex issues of the relation between language, cognition, and  Ã‚  culture. The idea that the world is principally perceived through the medium of language, which determines the speaker’s world view can be found in several directions of phraseological research. This conception postulates, that the analysis of phraseology allows insight into the speech  Ã‚  community’s own culture and mentality, if not into its national character. In our essay we  Ã‚  have attempted  Ã‚  to approach the complex of  Ã‚  figurative phraseology  Ã‚  and culture. A look at entire conceptual domains has then shown that cultural phenomena are determinable at the levels of complete source concepts and semantic  Ã‚  fields. Finally, the possibility of capturing aspects of a cultural world-view by means of the analysis of cultural components  Ã‚  and cross-linguistic  Ã‚  comparisons has been touched upon briefly, as have etymology and historical phraseology. To summarise, phrasemes  Ã‚  as conventional  Ã‚  figurative multi-word units that are passed on from generation to generation through continual repetition turn out to be especially suitable for revealing cultural relevant concepts.