Tuesday, May 26, 2020
Taking Ssu Scholarship Essay Samples
Taking Ssu Scholarship Essay SamplesIf you are seeking for a well-written, interesting essay to submit to your university for a Ssu Scholarship, then finding Ssu scholarship essay samples that have been created by tutors and professors who are not doing research themselves is certainly a difficult task. There are several ways to go about this. The most recommended way is to take the help of an online resource that will help you find the most appropriate essay samples for your particular requirements.There are many online resources that you can take advantage of for getting great essay samples. It is best to locate these resources before beginning your search as this will give you enough information about which essay samples are available. Also, you will get a glimpse of the quality of these essays that you are looking to submit. This information will help you in making your final decision on which essay samples to select.One good thing about searching for these essay samples is that you will be able to get a full idea about the style of writing that you are being asked to submit. You will also be able to have a brief discussion with the tutors or professors that you are interacting with as they will be able to give you their feedback. Just be sure that you do not give too much information about your personal views on matters such as what your own goals are in pursuing this scholarship and then you will find yourself wasting valuable time.After you have narrowed down the choices that you have made, then you will be able to visit various websites and browse through the different essay samples that are available for your selection. When you come across a website that offers essay samples that you are interested in, then you will be able to place your order for this, and then wait for the essay sample to be delivered. This is quite a time-consuming process but it is definitely a good idea to be diligent and not lose your patience.One more thing that you should be a ware of when it comes to completing your essay samples is that you should always follow the instructions clearly. Many students tend to make errors when it comes to the spelling and grammar so you have to remember to check your work thoroughly before submission. Also, make sure that you do not use a pen that is yellow in color so that the writer does not get irritated.In addition to all of these tips, there are even additional tips that you can follow when it comes to writing your essay samples. For example, you may wish to write a review on a particular foodstuff or some inspirational words about what you have learned in school. These are just some of the ideas that you may want to consider.Just remember that when you are choosing specific essay samples, make sure that you read the instructions carefully. If you do not understand the instructions, then you will find yourself spending a lot of time trying to learn how to write a specific essay sample that you cannot comprehend.
Tuesday, May 19, 2020
Vicarious Liability Problem Essay Example Pdf - Free Essay Example
Sample details Pages: 4 Words: 1292 Downloads: 5 Date added: 2017/06/26 Category Law Essay Type Essay any type Did you like this example? In order to advise Freddy Hobart Ltd, one would have to explore the rules of vicarious liability of an employer and case law which may apply. Vicarious liability arises where there is a relationship between the tortfeasor and the party who becomes vicariously liable which justifies giving the latter responsibility for the acts of the former[1]. This means that a victim of a tort, in the present scenario being Flora, can claim compensation from the employeeà ¢Ã¢â ¬Ã¢â ¢s company if it is proven that the tort occurred as a result of the employeeà ¢Ã¢â ¬Ã¢â ¢s fault when he was in the course of his employment. In order for Freddy Hobart Ltd to be vicariously liable for Jameelà ¢Ã¢â ¬Ã¢â ¢s negligence, three requirements will need to be satisfied. Donââ¬â¢t waste time! Our writers will create an original "Vicarious Liability Problem Essay Example Pdf" essay for you Create order First, there must be an employer/employee relationship between Freddy Hobart Ltd and Jameel. Employers are only vicariously liable for the acts of their employees as is shown in the case of Ready Mixed Concrete v Minister of Pensions[2]; an employer is not liable for the act of its independent contractors as is illustrated in the case of Honeywill and Stein v Larkin[3]. This requirement has clearly been met since it is mentioned that Jameel was under a contract with Freddy Hobart Ltd with all the rights and duties of a full employee. Second, it must be established that Jameel has committed a tort. We are told that the lorry crashed because of Jameelà ¢Ã¢â ¬Ã¢â ¢s negligent behaviour. So it would appear that this requirement has also been met. The third requirement is more complex. It must be established that Jameelà ¢Ã¢â ¬Ã¢â ¢s negligence was engaged in while he was in the course of his employment with Freddy Hobart Ltd. If this requirement is not met, then Freddy Hobart L td will not be vicariously liable but Jameel will be personally liable in respect of Flora as was shown in Beard v London General Omnibus Co[4]. There are two tests used by the court to determine if the third requirement has been met; namely, the Salmond test as established in Salmondà ¢Ã¢â ¬Ã¢â ¢s Law of Torts[5] and the à ¢Ã¢â ¬ÃÅ"close connectionà ¢Ã¢â ¬Ã¢â ¢ test as established in Lister v Hesley Hall Ltd[6]. Where the tort is committed intentionally, the latter test is preferable. However as we are dealing with negligence, we will consider both tests. Under the Salmond test, the third requirement will be met if the tortious act was either a wrongful act authorised by the employer or a wrongful and unauthorised mode of doing some act authorised by the employer[7]. Jameelà ¢Ã¢â ¬Ã¢â ¢s act of negligence will not come within the first part of the Salmond test but it could come within the second part. He is authorised to drive the lorry to make deliveries. The problem which arises is that instead of being accompanied by another company driver, he took his niece, Flora with him. He moreover drove for seven hours without a break despite having company regulations which clearly states that company drivers should alternate driving shifts of no more than four hours each. In Century Insurance Co v Northern Ireland Road Transport Board[8], it was held that the fact that an employee was doing his job negligently does not necessarily take him outside the course of his employment. Again the court will examine all the circumstances. As noted in Cooke, an employer may be vicariously liable for an act if the prohibition applies to the way that the job is done, rather than the scope of the job itself. Similarly in the present scenario, company regulations only mentioned about the way long haul deliveries is to be carried out. The scope of the job was still the same à ¢Ã¢â ¬Ã¢â¬Å" making deliveries. In Limpus v London General Omnibus[9], the court stated that a bus driver is within the scope of his employment when he races other buses even if he is strictly prohibited from doing so. However in the present scenario, Jameel was not just going about his work. He also planned to visit Scotland with his niece. An important question that arises here is whether or not this act would amount to a à ¢Ã¢â ¬ÃÅ"frolicà ¢Ã¢â ¬Ã¢â ¢ of Jameelà ¢Ã¢â ¬Ã¢â ¢s that takes him outside the course of his employment. This will be heavily dependent upon the facts of the case. In Storey v Ashton[10], an employer was not held liable when the driver completed his work and then went to visit a relative. This was a new journey which had nothing to do with the employment[11]. Other cases involved in frolics are Harvey v RG Oà ¢Ã¢â ¬Ã¢â ¢Dell[12] , Hilton v Thomas Burton Ltd[13]. Similarly, if we apply this principle to our current scenario, it is probable that the court regards Jameelà ¢Ã¢â ¬Ã¢â ¢s journey with his niece as being an independent one outside his course of employment. If such is the case, then Freddy Hobart Ltd is very likely to escape liability in respect of Flora. The second limb of the test has been rejected by the House of Lords in Lister. Modern case law suggests that the second part of the Salmond test may need to be modified to a close connection test. The close connection test asks whether or not the tort was so closely connected with the employeeà ¢Ã¢â ¬Ã¢â ¢s employment, that it would be fair and just to hold the employer vicariously liable. Again all the facts are relevant. If Jameelà ¢Ã¢â ¬Ã¢â ¢s contract of work provides that the lorry is only to be used for work-related business, then one might argue that he was not acting within the course of his employment. Finally the court might feel that there was no sufficient closeness between the employment in question and the tort in order to impose liability on Freddy Hobart Ltd. If Jameel had been accompanied by Barney, then Freddy Hobart Ltd could be vicariously liable for Jameelà ¢Ã¢â ¬Ã¢â ¢s negligence since unlike with Flora, there would have been no à ¢Ã¢â ¬ÃÅ"frolicà ¢Ã¢â ¬Ã¢â ¢ this time. He would have been acting in the course of his employment when the tort occurred and therefore the three requirements for vicarious liability would have been satisfied. As noted in Cooke, an employer may be vicariously liable for the negligence of an employee which leads to the claimant employee being injured. The employerà ¢Ã¢â ¬Ã¢â ¢s liability here is strict. Unlike the case with Flora, Freddy Hobart Ltd also owes a personal duty of care towards Barney since he is their employee. In Wilsons and Clyde Coal[14], the court stated that this duty is à ¢Ã¢â ¬ÃÅ"non-delegableà ¢Ã¢â ¬Ã¢â ¢- the employer must provide a competent staff, adequate material, a proper system and effective supervision. In the present scenario, we are not given suffici ent information on the experience of Jameel as a driver. Freddy Hobart Ltd may be personally liable in respect of Barney if Jameel is judged as not being sufficiently experienced and Barney is injured as a result. However, one might also argue that since Barney is a fellow driver, should he not have taken the wheel after the four hours. In that situation, it is up to the court to decide whether it is fair and just to impose liability on Freddy Hobart Ltd since it was partly because of Barneyà ¢Ã¢â ¬Ã¢â ¢s fault that the tort occurred. [1] Catherine Elliot and Frances Quinn, Tort Law (9th edition, Pearson Education, 2013) p 377 [2] Ready Mixed Concrete (South East) Ltd v Minister of Pensions [1968] 2 QB 497 [3] Honeywill and Stein v Larkin [1934] 1 KB 191 [4] Beard v London General Omnibus Company [1900] 2 QB 53 [5] J Salmond, Law of Torts, (Sweet and Maxwell, 1907) p 83 [6] Lister v Hesley Hall Ltd [2002] 1 AC 215 [7] John Cooke, Law of Tort (11th edition, Pearson, 2013) p 536 [8] Century Insurance Co v Northern Ireland Road Transport Board [1942] AC 509 [9] Limpus v London General Omnibus Co (1862) 1 HC 526 [10] Storey v Ashton (1869) LR 4 QB 476 [11] Ibid p 537 [12] Harvey v RG Oà ¢Ã¢â ¬Ã¢â ¢Dell [1958] 2 QB 78 [13] Hilton v Thomas Burton (Rhodes) Ltd [1961] 1 WLR 705 [14]
Friday, May 15, 2020
Chinese Presence Chinese Culture Abroad As Well As Those...
This section aims to explore the views of current presence Chinese culture abroad as well as those visual form examples how to successful operation and get a good response from overseas. 2. 2.1 Overseas Chinatown There are varieties methods in order to represent culture such as symbols, language, artifacts, style, behaviors are all embedded in cultural identity as is food, music, fashion and art. Chinatown is defined as a district of a large non-Chinese town or port in which the population is predominantly of Chinese origin (oxforddictionaries, 2014). As a concentrated expression of the Chinese culture in the district is the cognitive overseasï ¼Å' China Town could be an good example be analyzed. 2.2.1.1 Chinatown in London ââ¬Å"In popularâ⬠¦show more contentâ⬠¦Tailors and cutting machine not shut until around 1974 in the region has more than 80 restaurants, supermarkets, bakeries, souvenir shops, and other Chinese-run businesses, show some of London s most outstanding and most authentic Asian food (ââ¬Å"Giles Goren review Empress of Sichuanâ⬠ï ¼Å' 2010). In addition, the Charing Cross Library with the Westminster Chinese Library is operated in the City of Westminsterï ¼ËCharing Cross Libraryï ¼Å'2009; Westminster Chinese Library, 2012ï ¼â°. ââ¬Å"The content of the destination is seen on the one hand as an agglomeration of attractions and services, and on the other as a dynamic agglomeration of attractions, culture, events, landscapes and services.â⬠Wolfgang Framke The key subject here is China Town London. In London the visual communication could be directly reflected in its China Town, it could mostly contain abundant varieties of Chinese shops. The present Chinatown occupies the area in and around Gerrard Street, which is part of the City of Westminster. There is also a prejudice and hostility description of London Chinatown mostly from the writings by Thomas Burke and Arthur Henry Ward. They exaggerate described the true image of London Chinatown, saying it is the shadow of gambling, opium dens and ââ¬Å"unholy thingsâ⬠. In fact, the life of the Chinese people is hard work in order to find the channel pier return voyage to the Far East (portcities,
Wednesday, May 6, 2020
Susan Miller s The Immortal Life Of Henrietta Lacks By...
Lin Wells English 114 Debbie Miller Lack of Trust: Patient to Doctor Relationship The Immortal Life of Henrietta Lacks by Rebecca Skloot is about a human named Henrietta Lacks who has an extraordinary story. The unruly dispute between the relationship with her personal family members and that of doctors, scientist, and authority figures. When it was discovered that she had cervical cancer Richard TeLinde was collecting cell samples unbeknownst to her or even being asked if she wanted to be a donor. All of the cells would eventually be given to scientist George Guy who spent his whole life on a mission for immortal human cells which came in the form of HeLa. With the only time asking for consent was when they asked David ââ¬Å"Dayâ⬠Lacks her husband to let them perform an autopsy. That brings up the topic of consent as well as the unspoken trust between patients and their doctors which they take advantage of. As a person multiple factors worked against Henrietta since she was a woman all while being African American. John Moore a white male who had hairy cel l leukemia is another illustration of someone else who had the wool pulled over their eyes by the system. Even when he took the controversy to the courts the judge initially threw out the case with the conclusion of being the Supreme Court ruled against him. Before Skloot got to know the Lacks family there was little to no information about them because they had trust issues due to how were they were treated throughout past
The Development Of The Energy Sector - 1537 Words
Much like other sectors, the energy sector is constantly faced with challenges. Companies and governments are constantly looking to sources to provide secure access to guarantee that demand is met. The World population is hovering around the 7 billion mark making the demand for secure access a critical challenge. This requires a long-term balancing solution while satisfying short-term needs. Researchers and other specialists monitor trends in the industry, as well as, rules and regulations set by the governments, partners, and organizations in the focus region in focus so they can be prepared to formulate investment strategies enabling them to capitalize and prosper. The areas of high importance are Africa, Asia, Europe, Latinâ⬠¦show more contentâ⬠¦The unknown is whether there will be enough water to support the power plant without disrupting the water supplies to the population and environment. Fossil fuels, will play a dominant role in the coming decades, but export v olumes will decline as local demand will rise. The increase in energy exports will be with natural gas as production increases will exceed local demand (WEC). Asia Pacific economies are often referred to as emerging economies meaning that their rapid growth increases the demand for more energy supplies. Emerging economies tend to import more energy due to lack of infrastructure to meet demands. The more common method of generating electricity is through the consumption of coal and nuclear. Japan in recent years as saw an increase of 72 percent decrease in the amount of nuclear energy due to 2011 nuclear disaster at the Fukushima Daiichi power plant. This vacuum has been filled with the importation of liquefied natural gas or LNG. The disaster highlights the need for secure supplies for the continent. The thirst for secure supplies in Asia is reshaping the energy landscape. The region currently imports 15 percent of the demand and is expected to increase to 30 percent in the coming decades. China and India are the most population countries in the world with each making gains in standards of
Tatua Financial Analysis The Dairy Cooperative
Question: Describe about the Tatua Financial Analysis for The Dairy Cooperative. Answer: Introduction Tatua is an independent entity based out of New Zealand and calls for experience of more than 100 years in the field of dairy-cooperative. In the era when most of the companies in the industry has gone for amalgamation, the company has been able to stay independent. This is the prime reason why company has been able to create a strong identity and brand in the industry. The companys factories are located in Tatuanui in the part of North Island. As required to evaluate the investment attractiveness of the company, we will conduct a detailed financial analysis of the company based on the last 3 year financials. We will use both horizontal and vertical analysis to make inferences. To establish critical industry approach we will also conduct a detailed ratio analysis and compare it with industry peer data (Lakshmi, 2016). This will provide us clear cut understanding of financials and coupled with some qualitative factors, we will try to conclude the investment attractiveness of Tatua. Findings Analysis In this section we will explore the findings of ratio and financial analysis of the company. The three parameters under which we will evaluate the company are profitability, financial stability including short term and long term financial stability Asset utilization. Let us now have a look at each one of these parameters in details to evaluate the financial status of the company. Profitability The objective of this section is to evaluate the profitability of the company based on certain parameters. Each of these parameters will throw in some information or the other. a) Net Profit % This is calculated by dividing the net profit of the company vis--vis the total sales. This is indicative of the net margins with which the company is operating. 2015 2014 2013 Net Profit % 6% 3% 2% As we can see from the above table the net margin of the company has expanded in last three years. This is a good indicator for the company, as its net margin has increased from 2% in 2013 to 6% in 2015. b) Gross Profit % This is calculated by dividing the gross profit of the company vis--vis the total sales. This is indicative of the gross margins with which the company is operating (Damodaran, 2016). We have done it for the company as a whole and also for the segment in which the company operates. In this case the segments or the products which the company operates are Whipped Cream Cheese Sauce. 2015 2014 2013 Gross Profit % Overall 43% 38% 37% Whipped Cream 50% 43% 40% Cheese Sauce 15% 26% 30% The overall gross profit % of the company has improved from 37% in 2013 to 43% in 2015. However when we see the segment wise gross margin, we can see that the gross margin for Whipped cream product has increased from 40% in 2013 to 50% in 2015, however the gross margin for the Cheese Sauce segment has declined sharply from 30% in 2013 to 15% in 2015. It can be seen that gross margin of the company are pulled down by Cheese Sauce segment of the company. This is a cause of worry and a potential red flag on the investment attractiveness of the company. c) Return on Assets This is calculated by dividing the Net operating profit after tax of the company vis--vis the total assets which the company holds. 2015 2014 2013 Return on Assets 15% 6% 5% Return on Assets of the company has steadily improved from 5% in 2013 to 15% in 2015. The increase has been sharp from 6% in 2014 to 15% in 2015. This is a potential green flag on the investment attractiveness of the company. d) Return on Owners equity This is calculated by dividing the Net operating profit after tax of the company vis--vis the owners equity (Shareholders Fund + Retained Earnings) which the company reports in its balance sheet. 2015 2014 2013 Return on owner's equity 27% 13% 12% Return on owners equity of the company has steadily improved from 12% in 2013 to 27% in 2015. The increase has been sharp from 13% in 2014 to 27% in 2015. This is a potential green flag on the investment attractiveness of the company. e) Increase in net operating profit This is calculated based on simple increase that one notes in Net operating profit after tax figure of the company year over year. 2015 2014 Increase in Net Operating Profit 143% 38% As we can see from the table above, net operating profit after tax has increased by 38% in 2014 and in 2015 it has increased by 143%. This is a huge jump year on year and augments good news for the company. f) Change in total sales, whipped cream sales and cheese sauce sales This is calculated based on simple increase that one notes in total sales figure of the company year over year. We have done it for the company as a whole and also for the segment in which the company operates. In this case the segments or the products which the company operates are Whipped Cream Cheese Sauce. 2015 2014 Change in Sales Overall 2% 2% Whipped Cream 12% 5% Cheese Sauce -33% -6% The overall total sales of the company has increased by 2% in 2014 and 2% in 2015 in comparison to the previous period. The increase in sales has been driven by the Whipped cream segment which has seen sales jump of 12% in 2015 and 5% in 2014. However on the other segment, i.e. Cheese Sauce sales have been constantly declining over the last two years. The trend becomes alarming as drop in sales in 2015 has been as high as 33%. This is a cause of worry and a potential red flag on the investment attractiveness of the company. g) Selling Distribution expenses % This is calculated by dividing the total Selling Distribution expenses with the total operating expenses. 2015 2014 2013 Selling and Distribution expenses as a % total operating expenses 70% 66% 67% Selling and Distribution expenses as a % Total Sales 24% 23% 23% There has been increase in Selling Distribution expenses as percentage of total operating expenses (Damodaran, 2016). This might be one of the reason due to which increase in sales are happening, however to be cautioned this can also be one of the calls taken by management to increase the sales in Cheese Sauce segment. Higher Selling Distribution expenses has been mainly driven by higher sales commission given by the company in 2015. h) Administration General expenses % This is calculated by dividing the total Administration General expenses with the total operating expenses. 2015 2014 2013 Administration General expenses as a % total operating expenses 25% 25% 23% Administration General expenses as a % Total Sales 8% 8% 8% There has been increase in Administration General expenses as percentage of total operating expenses. If seen in details it has been the office expenses which has been the prime reason on why the Administration General expenses for the company has increased. i) Financial Expenses % This is calculated by dividing the total financial expenses with the total operating expenses. 2015 2014 2013 Financial expenses as % total operating expenses 5% 9% 10% Financial expenses as % Total Sales 2% 3% 3% Financial expenses as part of total operating expenses has reduced to 5% in 2015 from the high of 10% in 2013. This improvement has been due to lower expenses booked under bad debt and lower borrowing cost for the company. If seen in conjunction with the loan taken by the company from Bank of New Zealand, it can be seen that the total liability in this case has sharply declined in 2015. Financial stability including short term and long term financial stability The objective of this section is to evaluate the financial stability of the company based on certain parameters. Each of these parameters will throw in some information or the other. a) Working Capital Ratio This ratio is calculated based on dividing the total current assets with the total current liabilities. It indicates the working capital management efficiency of the company and higher is considered to be better. 2015 2014 2013 Working Capital Ratio 1.95 1.92 1.50 As indicated by the data the company has been efficiently managing it working capital. The ratio has steadily improved from 1.50 in 2013 to 1.95 in 2015. a) Liquidity Ratio A better judge on liquidity availability than working capital ratio is the quick ratio which is also known as liquidity ratio. It is calculated as (Current Asset-Inventories)/Current Liabilities. 2015 2014 2013 Liquidity Ratio 1.36 1.45 1.13 The liquidity ratio of the company has declined from 2013 to 2015. This is because of the higher inventory that the company has been holding in the year 2015. c) Age of trade Creditors Age of trade creditors is a measurement of how long does the company takes to pay of its invoices to the creditors. The longer the company has been able to pay its creditors, the longer the company will have cash in its hand and hence better for the company. 2015 2014 2013 Age of Trade Creditors 63 86 105 Over the years this ratio has declined fast for Tatua Company. This is bad as now it has been paying back suppliers cash faster and hence it is more dependent on its own cash to run the business. d) Equity Ratio Equity ratio is indicative of how much the equity is part of the total capital that is used in the business. 2015 2014 2013 Equity Ratio 87% 79% 74% The equity ratio of the company has improved to 87% in 2015 compared to low of 74% in 2013. This is because of the fact that Tatua Company has been able to pay a good portion of its long term debt in 2015. e) Interest Coverage Ratio This ratio determines the capability of the company in paying back its due interest. Higher the value better it is indicative of the companys financial stability. 2015 2014 2013 Interest Coverage 20.57 4.94 3.12 As company has paid back huge amount of its debt in 2015, the interest cost has reduced and this is one of the prime reason why its interest coverage ratio has drastically improved to 20.57 in 2015 compared to 3.12 in 2013. Asset utilization The objective of this section is to evaluate the asset utilization of the company based on certain parameters. Each of these parameters will throw in some information or the other. a) Stock Turnover Ratio This is indicative of how well company has been able to churn or rotate its inventory. The low ratio is indicative of weakness in sales and larger holding period of inventory 2015 2014 2013 Stock Turnover 13.0 15.5 16.7 As we can see that the ratio has declined to 13 in 2015 from 33.3 in 2013. This is indicative of the fact that company has seen rise in holding of inventory which is not good for the company. b) Age of Debtors This is indicative of how fast the company has been able to convert the invoices it raises against the debtors into cash. The lower it is better it is for the organization. 2015 2014 2013 Age of debtors 39.6 51.7 54.8 The figures indicate improvement for the company in 2015 as ratio has lowered to 39.6 compared to 54.8 in 2013. If seen in conjunction with the Age of creditors, which we have already seen above, it can be said that it is an industry trend and company has still maintained a good enough cash cycle. c) Total Asset Turnover Ratio This is a proper utilization ratio which indicates how company has utilized its total asset. The higher the ratio better it is for the company and is indicative of good utilization. 2015 2014 2013 Total Asset Turnover Ratio 2.5 2.5 2.7 c) Current Asset Turnover Ratio This is a proper utilization ratio which indicates how company has utilized its current asset. The higher the ratio better it is for the company and is indicative of good utilization. 2015 2014 2013 Current Asset Turnover Ratio 3.5 3.5 4.1 Peer Analysis Industry Tatua 2015 2014 2013 2015 2014 2013 Net profit % 6.50% 5% 4% 6% 3% 2% Stock Turnover 11 times 13 times 11 times 12 times 16 times 16 times Age of Trade Creditors 30 days 32 days 36 days 63 days 86 days 105 days Age of Debtors 33 days 40 days 45 days 40 days 52 days 55 days Selling distribution expenses % 17% 18% 18% 24% 23% 23% Admin and general expenses % 7% 6% 7% 8% 8% 8% Equity % 50% 45% 40% 87% 79% 74% The peer table and its comparison is indicative of a broader trend of where Tatua is going. The company has not been able to increase its stock turnover, inventory holding period is increasing. The company is paying of its creditors faster, but still better than the industry average. However the debtor period is on higher side compared to peers, which is not a good signal for the company. The selling distribution expenses are high for the company and is not a good signal for the company. Conclusion Tatua is a very good company and most of the financials are in place but when one digs deep, it is clear that company is facing headwinds in certain sections which need orderly correction and urgent attention. The sales of Cheese sauce segment has been constantly falling and the margins of the company is also pulled down sharply by this segment. Operationally as around peers company has not been able to manage its cash cycle as efficiently as peers. There is a need to decrease debtors day sharply and increase rollover of the inventory. Company has been spending high on marketing and sales and even after that sales have not increased substantially. Tatua is a good company and among many green signals of its investor attractiveness, one can find some red flags too. The call on purchasing of the company should be a function of how an investor intend to turn around Cheese Sauce Segment. References Lakshmi, T. M., Martin, A., Venkatesan, V. P. (2016). A Genetic Bankrupt Ratio Analysis Tool Using a Genetic Algorithm to Identify Influencing Financial Ratios.IEEE Transactions on Evolutionary Computation,20(1), 38-51. Damodaran, A. (2016).Damodaran on valuation: security analysis for investment and corporate finance(Vol. 324). John Wiley Sons. Lau, C. (2016). Financial Management. Khan, M. N., Khokhar, I. (2015). THE EFFECT OF SELECTED FINANCIAL RATIOS ON PROFITABILITY: AN EMPIRICAL ANALYSIS OF LISTED FIRMS OF CEMENT SECTOR IN SAUDI ARABIA.Quarterly Journal of Econometrics Research,1(1), 1-12. Robinson, T. R., Henry, E., Pirie, W. L., Broihahn, M. A. (2015).International financial statement analysis. John Wiley Sons. Hoberg, G., Maksimovic, V. (2015). Redefining financial constraints: a text-based analysis.Review of Financial Studies,28(5), 1312-1352.
Tuesday, May 5, 2020
Cosmetology, Hectic and Hard Work Essay Example For Students
Cosmetology, Hectic and Hard Work Essay One of the biggest decisions in your life that you are going to have to make is or was what your profession will be. What are you going to do to make yourself happy and earn money at the same time? When one is a little child, the only jobs that they will want to do are those that make your parents and the people around you happy. In my childhood, the women in my family always loved for me to play with their hair, leading me to think of becoming a hair stylist. Parents are always encouraging their children in whatever they decide to do, but would you if you knew how hard it was going to be to become that person, and that they would go through all that hard work for very little? Would you discourage instead of encourage? Being and becoming a cosmetologist is extremely challenging and time consuming. A person wouldnt really think that there is that much to learn and keep up with just simply doing hair, but its not just hair anymore that we are doing as a cosmetologist. According to Cosmetology Careers Unlimited Inc., the cosmetology industry is shockingly an over $52 billion dollar a year industry. The profession is virtually recession proof; your hair and nails will always grow. The American society is extremely concerned about their looks and style, therefore always needing a qualified up-to-date person to help fulfill their needs. The job market for cosmetologists has grown rapidly. In 1999 there were 50,000 positions that were unfilled. Salon owners are having a problem finding qualified people to hire. Cosmetologists just arent graduating from their programs fast enough to keep up with the demand (Cosmetology Careers Unlimited). Owners are looking at those applicants who are straight out of college a lot more closely rather than older, experienced professionals because they are fresh out of school not needing any new training. When one chooses to go to cosmetology school, they are pretty much guaranteed a job because of the large number of job openings. There are different ways that a student can go with a cosmetology degree. Reported in NACCAS News, in January of 1999, there were 1,286,000 professionals employed in the nations 296,863 beauty salons, barber shops, skin care salons, and nail salons. The typical salon is a small full service salon with five stations; two to three are full-time professionals and one part time professional. Salon owners report an average of 174 clients per week. This is a very flexible industry, letting one go from cutting hair to applying facial masks. An interested individual can expect to find that 60% of salon employees work full time, 29% are part time workers averaging 20 to 33 hours per week, and 11% are low time workers averaging less than 20 hours a week. Whether the professional is a full time, part time, or a low time employee, the average set salary is $18.50 per hour and quickly rising (NACCAS News). In the cosmetology profession whether a cosmetologist is coloring hair or clipping toenails, they will get tips for their good work. By law, you are expected to report your tips that you receive daily. The IRS has worked out a great system with the businesses called the TRDA (tip rate determination agreement) (NACCAS News). If the businesses and employees comply with the TRDA, then the IRS will not do tip-checks and will go by what you report. When there is someone who does not comply, this individual will get thrown into the courts and will be persecuted. The courts will go through a thorough examination of the tips received by the individual, and if found unlawful, the person will have to pay as much as twice their received tips in a fine. .ufa4c41ae75727b97c2f7fa67f1e672c4 , .ufa4c41ae75727b97c2f7fa67f1e672c4 .postImageUrl , .ufa4c41ae75727b97c2f7fa67f1e672c4 .centered-text-area { min-height: 80px; position: relative; } .ufa4c41ae75727b97c2f7fa67f1e672c4 , .ufa4c41ae75727b97c2f7fa67f1e672c4:hover , .ufa4c41ae75727b97c2f7fa67f1e672c4:visited , .ufa4c41ae75727b97c2f7fa67f1e672c4:active { border:0!important; } .ufa4c41ae75727b97c2f7fa67f1e672c4 .clearfix:after { content: ""; display: table; clear: both; } .ufa4c41ae75727b97c2f7fa67f1e672c4 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ufa4c41ae75727b97c2f7fa67f1e672c4:active , .ufa4c41ae75727b97c2f7fa67f1e672c4:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ufa4c41ae75727b97c2f7fa67f1e672c4 .centered-text-area { width: 100%; position: relative ; } .ufa4c41ae75727b97c2f7fa67f1e672c4 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ufa4c41ae75727b97c2f7fa67f1e672c4 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ufa4c41ae75727b97c2f7fa67f1e672c4 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ufa4c41ae75727b97c2f7fa67f1e672c4:hover .ctaButton { background-color: #34495E!important; } .ufa4c41ae75727b97c2f7fa67f1e672c4 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ufa4c41ae75727b97c2f7fa67f1e672c4 .ufa4c41ae75727b97c2f7fa67f1e672c4-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ufa4c41ae75727b97c2f7fa67f1e672c4:after { content: ""; display: block; clear: both; } READ: What Essay Lesson learned just by hearing about it some professionals say, but the truth is just keep a good record of your tips to support yourself. One of the options when a student is choosing which way to go with his/her cosmetology degree is to work for a major chain salon where they pay more. Chain salons will service more clients per week and their median ticket price is $20.00. The .
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