Crazy World by Boys Like Girls free essay sample

Following a two-year rest, Boys Like Girls is back with â€Å"Crazy World.† This peppy, popular musical gang makes music that will make you move. Their quick paced music will right away set you feeling great. With persuasive verses and snappy tunes, this collection suits an assortment of tastes. â€Å"Crazy World,† tries different things with different styles, including nation and soul. â€Å"Be Your Everything,† â€Å"Hey You,† and â€Å"Leaving California† are slow and pass on misery without being exhausting. The verses can be contrasted with an affection sonnet. In any case, Boys Like Girls likewise makes music for having a ton of fun and moving. â€Å"Shoot,† â€Å"The Life of the Party,† and â€Å"Crazy World† truly get you into an energized state of mind. The guitar, drums, and piano mix together impeccably to go with the verses. Musicians Martin Johnson, Paul DiGiovanni, Morgan Dorr, and John Keefe compose all their own music. In view of individual issues, their music passes on feeling and heart. For instance, Johnson, lead vocalist and guitarist, composed â€Å"On Top of the World† about his mom who died. We will compose a custom paper test on Insane World by Boys Like Girls or on the other hand any comparative subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Young men Like Girls prominence began with the arrival of their first, self-named collection, which sold more than 580,000 duplicates in the United States. They performed on radio shows and opened for specialists including Avril Lavigne and We the Kings. Proceeding with their prosperity, Boys Like Girls appeared their subsequent collection, â€Å"Love Drunk.† Iconic and infectious tunes, for example, â€Å"Love Drunk† and â€Å"Two Is Better Than One† grabbed the eye of numerous youngsters. Alongside their ongoing single, â€Å"Crazy World,† â€Å"Love Drunk† earned a spot on the Billboard 200. Young men Like Girls makes feel-better, appealing tunes for our age. This band comprehends our circumstances and composes music to relieve our issues, yet their central matter is to have a great time and love life. Their music is a shelter for young people and claims to an assortment of tastes. We may live in an insane world, however lets center around having a ton of fun.

Union National Bank

Presentation Today’s business condition is trying to innovation watchmen in light of the fact that they need to create data frameworks that can adequately oversee unpredictable progression of huge volumes of information (Fox Do 2013, pp. 739-760). Decreasing the expense of overseeing data and guaranteeing information security are likewise huge difficulties that innovation guards need to think about (Marthandan Tang 2010, pp. 37-55). Different difficulties that face innovation watchmen are summed up in figure 3.Advertising We will compose a custom paper test on Union National Bank explicitly for you for just $16.05 $11/page Learn More This report will talk about the procedures that can be utilized to create Union National Bank’s data framework to abuse the capability of large information. Association National Bank (UNB) is an average size business bank that works in the UAE. The bank was established in 1982 in the UAE where its base camp are found (UNB 2014). UNB is an o pen organization that is claimed by the legislatures of two emirates to be specific, Abu Dhabi and Dubai. The bank’s items incorporate reserve funds, credit, and speculation services. Big information alludes to the â€Å"exponential development and accessibility of organized and unstructured data† (Zikopoulos Eaton 2011, p. 6). Huge information is related with four qualities to be specific, volume, speed, assortment, and inconstancy. Volume alludes to the way that enormous information is created from a few sources, which incorporate online networking, sensors, and exchange databases among others. The information frequently streams in at a phenomenal speed. Large information is likewise connected with changeability in streams since information from different sources is frequently created in a conflicting way (Marz Warren 2014, p. 15). Abusing large information can assist an organization with deepening client commitment, advance activities, forestall extortion, and gro w new income streams. UNB can understand these advantages in the event that it coordinates large information into its tasks emotionally supportive networks (OSS). OSS alludes to a PC based data framework that empowers supervisors to oversee different business forms adequately and proficiently (Clarke 2012, p. 67). Thusly, the execution of enormous information will be talked about with regards to OSS. Investigation Challenges Union National Bank faces the accompanying difficulties, which warrant reception of large information. To start with, the bank is right now on a development direction, which is described by quick market extension. At present, the bank has just 68 branches in the UAE, which it plans to twofold in the following five years by joining new markets in the Gulf Cooperation Council area (UNB 2014). In any case, the test to this extension plan is that the bank comes up short on the ability to accomplish a significant level of client centricity so as to draw in customers in new markets. This test is credited to the way that the bank scarcely examinations its customers’ information, for example, their online life exercises. Thus, the bank does not have a sufficient comprehension of the requirements of its customers.Advertising Looking for article on business financial aspects? How about we check whether we can support you! Get your first paper with 15% OFF Learn More The bank can defeat this test by utilizing huge information advancements to recover and dissect the immense volume of information available to its (Lemieux, Gormly Rowledge 2014, pp. 122-141). Second, the bank stores client information in various databases that are utilized by frameworks that perform explicit capacities, for example, client relationship the executives (CRM) and observing advance adjusting (UNB 2014). This forestalls combination of information to increase an unmistakable 360-degrees point of view about customers’ needs. Subsequently, the bank needs huge in formation investigation innovations that will coordinate its databases and encourage consistent examination of client data. Third, the organization comes up short on a key concentration to use the capability of its OSS. Successful administration of information requires trend setting innovations that encourage capacity, association, and recovery of huge volumes of information (McDonald Leveille 2014, pp. 99-121). Be that as it may, the bank despite everything utilizes an obsolete OSS that can just encourage investigation of static and notable information. In this regard, large information innovations will assist the organization with mining notable and new information in a close to ongoing way. Fourth, Union National Bank does not have a compelling information the board system. This test is exacerbated by the way that the organization utilizes impromptu investigation instruments that depend on the experience of its workers in information examination (UNB 2014). Therefore, the resul t of information investigation barely gives satisfactory experiences that are expected to settle on viable choices. Along these lines, the bank needs to receive â€Å"more progressed investigation strategies, for example, prescient and prescriptive examination that encourage exact demonstrating of client behavior† (Capgemini 2014, pp. 2-15). The bank can get to these strategies by receiving large information examination. Change The principle partners who will be influenced by large information at Union National Bank incorporate the workers, the administration, and clients. Representatives will be influenced in the accompanying manners. In the first place, representatives should experience thorough preparing so as to utilize huge information successfully. Associations can utilize huge information adequately just in the event that they have information researchers who have progressed quantitative aptitudes (Zikopoulos Eaton 2011, p. 78). In any case, the gracefully of informati on researchers is extremely low, though the interest for their abilities is regularly increasing.Advertising We will compose a custom exposition test on Union National Bank explicitly for you for just $16.05 $11/page Learn More For example, about 4,000,000 information researchers will be required all inclusive by 2015. Nonetheless, just a single third of the interest will be met because of the lack of information researchers (Zikopoulos Eaton 2011, p. 81). This implies Union National Bank will have no real option except to prepare its own information researchers to actualize and utilize huge information examination. Aside from improving employees’ aptitudes, executing huge information examination is probably going to change staff resolve (Schroeck, Shockley Tufano 2013, pp. 3-20). For example, improved administration and investigation of information is probably going to support the presentation of representatives. This will prompt improved assurance. The principle impact on c lients will be improved help quality. Just 37% of clients in the financial business accept that banks have satisfactory information about their needs as appeared in figure 1 (Capgemini 2014, pp. 2-15). In addition, just 43% of clients are fulfilled by the dissemination channels that are utilized by banks as showed in figure 2 (Capgemini 2014, pp. 2-15). Over 70% of officials in the worldwide financial industry accept that huge information investigation can assist them with improving help quality by extending their comprehension of client needs. In this regard, the bits of knowledge got from enormous information are relied upon to assist the organization with aligning its administrations to customers’ desires. Given these impacts, the accomplishment of enormous information at the bank can be upgraded by working together with different partners as follows. To start with, the promoting administrators and activities chiefs ought to work together with the providers of the huge inf ormation investigation framework during the advancement stage. This will guarantee that the framework is fit for dissecting all the exhibition pointers that advertisers and tasks supervisors hope to quantify. Second, the administration and all representatives ought to be educated about the capacity and anticipated that results of the framework should forestall opposition during the usage stage. At long last, clients ought to be guaranteed that the security of their information/data will be kept up. This will urge â€Å"customers to give the data that is important for the effective execution of large data† (DATASTAX 2013, pp. 3-15).Advertising Searching for article on business financial matters? How about we check whether we can support you! Get your first paper with 15% OFF Find out More Worth/Benefits of Big Data Big information will profit Union National Bank in the accompanying manners. To start with, it will permit the bank to expand its lead age and obtaining of new clients. The US Bank is one of the organizations that have expanded their client base by abusing the capability of enormous information. The bank utilized â€Å"big information investigation to incorporate information from its on the web and disconnected dissemination channels to increase an away from of its clients† (Capgemini 2014, pp. 2-15). This aided the company’s deals group to distinguish and contact potential customers. Thus, US Bank’s lead transformation rate expanded by 100% (Capgemini 2014, pp. 2-15). This implies Union National Bank can utilize large information to create pertinent leads that will in the end transform into real deals. Second, huge information examination will assist the manage an account with improving its credit chance evaluation. Right now, the bank is utilizing the FICO scores that assess credit value by considering just the customer’s budgetary history. Huge information examination will permit the â€Å"company to direct an increasingly extensive credit hazard evaluation by considering extra factors, for example, customers’ segment, business, and behaviors† (Ohlhorst 2012, p. 88). Thus, the bank will diminish its degree of non-performing advances by propelling credit just to clients who are fit for reimbursing their loans. Third huge information will encourage compelling business sector division. Huge information encourages mix of information concerning â€Å"past purchasing conduct, socioeconomics, and assumptions from online networking with CRM data† (Capgemini 2014, pp. 2-15). This aides in picking up bits of knowledge concerning customers’ inclinations, which thus encourages showcase division. Without a doubt, successful division will encourage strategically pitching and up-selling, j ust as, progress in client commitment and devotion. At last, compelling division will improve the bank’s deals. Also, the r

Excitement

Excitement Its pretty hard to live in Boston and not get swept away by Red Sox fever. You have an excuse if youre like Brandon 11, whos from Colorado, but other than that your only other refuge is that you dont like watching 230-lb guys (who can also throw a ball at 99 mph) Irish step dancing in their underwear. Who isnt a fan of that? Seeing as I fall into neither of these categories, I put off of grading 5.112 problem sets (which I was using to put off doing my own problem sets) and do a little jigging of my own. Things were pretty crazy around here last night, especially for my friends living in the fraternities (most MIT fraternities and sororities are directly in Boston, in Kenmore Square) and so I bring you these epic pictures of the riots fresh from Corey 10s camera, outside of his fraternity and home, Chi Phi (thanks Corey!): As Evan wrote, we had our own Burton-Conner-wide celebration last Sunday when the Red Sox beat the Indians. My floor, Burton 1, was just about the run up the stairs to celebrate with Burton 3rd when Burton 3rd burst through the door, at which point we all piled into the elevator and proceeded to cheer on every floor of the Burton side, followed by every floor of the Conner side (Burton-Conner used to be separate dorms, Burton and Conner, but were joined together and now peacefully co-exist as one happy hyphenated family). So Im excited by the Red Sox, especially the Red Sox winning the World Series. Im also really excited about a lot of other things, too, like peanut mms, the release of Leopard, dancing to Queens Dont Stop Me Now, and organic chemistry. (Did you see that transition? How smooth am I?) Theres this scary stereotype about organic chemistry being crazy difficult, which I definitely get. 5.12 (Organic Chemistry I) and 5.13 (Organic Chemistry II) may be my favorite classes Ive taken at MIT thus far, but that doesnt mean they were easy Ive had my fair share of frustration along the way, including more late nights than Im comfortable with studying the stereochemistry of Diels-Alder reactions. (And then Ive woken up after these late nights drooling all over page 485, so whatever I tell you here, remember that even if organic chemistry can be fun, its not always pretty.) A big part of orgo is trying to synthesize molecules using a smaller molecule and basic chemical reagents, which I sometimes have trouble visualizing. So why do I like it so much, even when Im not very good at it? I was trying to explain this, if somewhat incoherently, to Matt earlier today, so lets see if I can do a little bit better here: organic chemistry is like a puzzle. Its like one of those logic puzzles where youre trying to figure out who likes red trucks, and they give you all those rules like Lisa hates the color red, and David is scared of heights but only on Wednesdays except youve got to remember all the rules, like you need to know beforehand that Lisa hates the color red. And you have to know its because Lisa is really allergic to ketchup. So you can only let Lisa have.. trucks without ketchup. That was even more incoherent than when I was trying to explain it out loud, but you can take a couple things away from that (ironically) barely logical paragraph. One: college essays are just as open as blog entries to writing about whatever quirky hobbies make you happy, and why. So if youre having trouble getting started, just start writing down what motivates you. Maybe you want to be the driving force behind the new age of space travel because of that one time you saw Mir when you were little. Maybe you really like sitting under trees and getting hit in the face by leaves, or maybe you like synthesizing molecules. (I like both.) The hardest part is beginning, so feel free to be as incoherent as you like, and dont lose too much sleep over the fact that the deadlines are starting to pop up. (Save that for when you take organic chemistry.) Two: I was you like two seconds ago. I still dont know what Im doing with my life Im barely starting to figure out what I enjoy. So dont think that just because Im going into my second year here, Ive got it all figured out. Ill be the first to admit that I definitely dont. Im definitely REALLY excited about this last thing, though and I promise this is THE VERY LAST TIME I will ever mention that blogging scholarship ever again. With your AMAZING number of votes, I won 3rd! You guys were so incredible, and Im so stoked to have your support. I feel pretty badly about that last post, and for that whole month of spam Ive put you guys through for that, I apologize. But Im still open to questions and possible blog topics, so propose away. Until then, get excited! Three days until November!

Cyclon Hellas Sa In The Industrial Production Of Lubricants Finance Essay - Free Essay Example

Sample details Pages: 6 Words: 1887 Downloads: 9 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? PART 1 Cyclon Hellas is a company that operates in Greece in the industrial production of lubricants and the production and trade of packaged lubricants as also at the distribution of liquid fuels. Cyclon Hellas main target, is to provide quality products and services that respect both the needs of consumers and the environment. Since the beginning of the company which is estimated around 1981, through research and technological performance the company archived a high quality and ecological dimension of the products it developed.   Even the high competition not only in Greece but also in rest of Europe and Middle East, Cyclon Hellas has achieved to expand and play a great role among these markets only by maintaining the same philosophy, which springs not only from its consumers liability and satisfaction but also their partners collaboration.. Don’t waste time! Our writers will create an original "Cyclon Hellas Sa In The Industrial Production Of Lubricants Finance Essay" essay for you Create order PART 2             INCOME STATEMENT (Amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 000)                   YEAR YEAR          2009 2008 Turnover 372.651 403.615 Cost of Sales 349.536 377.393 Gross Profit/Loss 23.115 26.222       Selling Expenses 15.891 16.669 Administrative Expenses 4.725 4.529 Plus/ Minus Other Operating Income/Expenses 3.778 3.362       Profits before Interest/Depreciation 6.277 8.386 And Taxes/EBITDA          Plus/Investments income/Profits 3.78 591 From Associate Companies          Minus Financial Expenses 2.084 2.976 Profit before Depreciation and Taxes 4.571 6.001 Minus Total Depreciation 2.697 2.409       Net Profit before Tax 1.874 3.592 Minus Taxes 820 1.436       Profit after Tax 1.054 2.156       ATTRIBUTABLE TO:    Equity Shareholders 1.060 2.147 Minority Interest (6) 9 Net profit/(loss) after tax 1.054 2.156       Basic earnings/(losses) per Share EPS (in euro) 0,0397 0,0807 Diluted earnings/(losses) per share (in euro)          Other State revenue    Foreign Currency Translation (8) 1 TOTAL       1.046 2.157                ANNUAL BALANCE SHEET (Amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 000)       YEAR YEAR    2009 2008 ASSETS    Non-Current Assets    Tangible Assets 33.090 32.752 Investments in Real Estate 2.007 2.015 Intangible Assets 603 844 Participation in Subsidiaries and Affiliated Companies 33 33 Goodwill 467 467 Other Long Term Receivables 4.288 4.792 Total non-Current Assets 40.488 40.903 Current Assets    Investments    Inventories 8.510 9.295 Trade and Other Receivables 49.028 57.538 Cash and Cash Equivalents 4.243 6.034 Total Current Assets 61.781 72.867 TOTAL ASSETS 102.269 113.770       SHAREHOLDERS EQUITY AND LIABILITIES    SHAREHOLDERS EQUITY    Share Capital 12.532 12.532 Reserves 2.105 2.113 Retained earnings 14.705 13.645 Total Shareholders equity attributed to shareholders of the parent 29.342 28.290 Minority Interest 18 24 Total Equity 29.360 28.314 Long Term Liabilities    Long Term loans /(Leasing Liabilities) 373 16.745 Deferred Tax Liabilities 3.740 3.510 Employee Benefits 3.735 3.750 Grants 92 310 Trade and Other Long Terms Paybles 85 74 Total Long Term Liabilities 8.025 24.389 Short Term Liabilities    Trade and Other Sort Terms Paybles 35.686 33.906 Short Term Loans 29.198 29.198 Long Term Liabilities (payable next year) 0 4.000 Other payables and Accrued Expenses    Total Short Term Liabilities 64.884 61.067       TOTAL LIABILITIES 72.909 85.456 TOTAL LIABILITIES AND EQUITY       102.269 113.770 CASH FLOW (Amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 000)             YEAR YEAR    2009 2008 Profit/(losses) before Taxes and Minority Interest 1.874 3.592 Plus / (minus) adjustments for    Depreciation 2.697 2.409 Forecasts 142 (678) Grants Depreciation (165) (147) Transaction Changes (235) (6) (Profit)/loss from sale of fixed assets (268) (52) Interest charges 2.024 2.590 Operating Profit before adjustments in Working Capital    (Increase)/decrease in receivables 9.016 (14.268) Decrease/ (Increase) in Inventories 736 (1.164) Increase/(decrease) in liabilities 1.616 381 Interest Paid (2.024) (2.454) Income Tax Paid (335) (394) Cash flows from operating activities 15.078 (10.953)       Investing Activities    Receipts from sales of Tangible and Intangible Assets 2.919 4.422 Interest received 262 158 Receipts from sale of Subsidiaries 0 83 Cash flow from Investing Activities 2.534 3.981       Financing activities    Proceeds from loans 0 16.919 Payment of Liabilities from Financial Leasing 238 131 Receipt from fixed assets grants 0 91 Repayment of Loans 14.097 0 Cash flow from financing activities 14.335 16.839       Net increase in Cash and Cash Equivalents (1.791) 1.905 Cash and Cash Equivalents at 1st of January 6.034 4.129             Cash and Cash Equivalents at the end of December    4.243 6.034 PART 3 Group Ratios for Years 2009-2008 YEAR 2009 2008 RETURN ON CAPITAL EMPLOYED       27,8 21,5 RETURN ON EQUITY       12,8 24,5 RETURN OF SHAREHOLDERS CAPITAL (CAPITAL AFTER TAX)    7,2 14,7 RETURN ON ASSETS       1,83 3,15 GROSS PROFIT MARGIN       6,2 6,5 CURRENT RATIO       0,95 1,19 QUICK RATIO       0,48 0,58 DEBT / EQUITY RATIO       0,03 1,34 STOCK TURNOVER PERIOD       9,3 8,6 DEBTORS TURNOVER       26,2 26,7 CREDITORS TURNOVER       37,2 32,8   PART 4    STOCK MARKET RATIOS          CAPITALAIZATION          12.532.474,80 ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ PRISE PER SHARE (price taken from Athens Stock Market DD 20/01/2010) 0.72 ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ TOTAL SHARE AMOUNT          17.406.215,00 ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬       EARNINGS PER SHARE    0.04 ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬          P/E RATIO    18.0             DIVIDENTS IN YEAR 2009 1.060.000,00 ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬    DIVIDENTS PER SHARE 0.017 ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬    DIVIDEND YIELD 2.36%                      PART 5                  INCOME STATEMENT (Amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 000)   (FORECAST FOR 1 YEAR)             YEAR YEAR YEAR YEAR    forecast % change       2010 2009-2010 2009 2008 Turnover 354.018 -5,0% 372.651 403.615 Cost of Sales 333.000 -6,0% 349.536 377.393 Gross Profit/Loss 21.018 -9,0% 23.115 26.222          Selling Expenses 15.500 -2,5% 15.891 16.669 Administrative Expenses 4.900 3,7% 4.725 4.529 Plus/ Minus Other Operating Income/Expenses 3.900 3,2% 3.778 3.362          Profits before Interest/Depreciation 4.518 -28,0% 6.277 8.386 And Taxes/EBITDA                Plus/Investments income/Profits 700 85,0% 378 591 From Associate Companies                Minus Financial Expenses 1.530 -26,5% 2.084 2.976 Profit before Depreciation and Taxes 3.688 -19,3% 4.571 6.001 Minus Total Depreciation 2.750 5,7% 2.697 2.409          Net Profit before Tax 938 -50,0% 1.874 3.592 Minus Taxes 430 -52,0% 820 1.436          Profit after Tax 508 -52,4% 1.054 2.156 It is expected a decrease of 5.0% concerning the Turnover of year 2010 due to the global financial crisis and the inflation change (plus the huge economical crisis in the Greek Markets) The Sales are also decreased since the increase of the gasoline, lubricants and fuel prise. The group has no problems with exchanges differences, due to the physical hedging policy. Selling Expenses will continue to grow (-2.5%). Administrative Expenses are also growing(3.7%) Longterm Loan on a euribor rate and fixed spread Financial Expenses are Decreasing (26.5%)payment for Leasing Taxation Rate is 25% for Years 2008-2009-2010 PART 6 ANNUAL BALANCE SHEET (Amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 000)          (FORECAST FOR 1 YEAR) YEAR YEAR YEAR    2010 2009 2008 ASSETS       Non-Current Assets       Tangible Assets 32.000 33.090 32.752 Investments in Real Estate 2.000 2.007 2.015 Intangible Assets 580 603 844 Participation in Subsidiaries and Affiliated Companies 33 33 33 Goodwill 467 467 467 Other Long Term Receivables 4.100 4.288 4.792 Total non-Current Assets 39.180 40.488 40.903 Current Assets       Investments       Inventories 8.7460 8.510 9.295 Trade and Other Receivables 47.672 49.028 57.538 Cash and Cash Equivalents 3.700 4.243 6.034 Total Current Assets 59.832 61.781 72.867 TOTAL ASSETS 99.012 102.269 113.770 SHAREHOLDERS EQUITY AND LIABILITIES       SHAREHOLDERS EQUITY       Share Capital 12.532 12.532 12.532 Reserves 2090 2.105 2.113 Retained earnings 14.200 14.705 13.645 Total Shareholders equity attributed to shareholders of the parnt 29.500 29.342 28.290 Minority Interest 17 18 24 Total Equity 29.939 29.360 28.314 Long Term Liabilities       Long Term loans /(Leasing Liabilities) 150 373 16.745 Deferred Tax Liabilities 3.900 3.740 3.510 Employee Benefits 3.700 3.735 3.750 Grants 70 92 310 Trade and Other Long Terms Paybles 100 85 74 Total Long Term Liabilities 7.920 8.025 24.389 Short Term Liabilities       Trade and Other Sort Terms Paybles 33.939 35.686 33.906 Short Term Loans 27.214 29.198 29.198 Long Term Liabilities (payable next year)    0 4.000 Other payables and Accrued Expenses       Total Short Term Liabilities 61,153 64.884 61.067          TOTAL LIABILITIES 69.073 72.909 85.456 TOTAL LIABILITIES AND EQUITY    99012 102.269 113.770 Creditors Turnover will remain the same as 2009 (37.2) Inventories Turnover will remain the same as 2009 (9.3) Debtors Turnover will also remain the same as 2009 (26.2) Tangible Assets Will decrease equal to the annual depreciation PART 7 ANALYSIS OF Cyclon Hellas SA (GROUP) The year of 2009 was marked from : a) the impact of the global financial crisis (reducing demand, reducing prices, foreign exchange and credit risks, given the uncertainty of the market). b) The reduction of prices of petroleum products (fuels, base oils) as a result of falling international prices of crude. c) The Reduction on the demand for lubricants. Profitability (all amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬000) The Groups turnover CYCLON Hellas SA in that year amounted to ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 372.651 against ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 403.615 in the corresponding period of 2008, a decrease of 7.98%.The decrease was primarily due to lower prices of petroleum products (fuel) of the parent company and the fall in sales of other activities and in particular lubricants. Operating earnings before interest, taxes, depreciation and amortization (EBITDA) In a group operating profit before tax, depreciation and amortization (EBITDA) decreased by 25% and determined the amount of ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 6.277 compared to ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 8.386 in fiscal year 2008.This decrease is the result of lower sales of lubricants and the profits. Net Earnings The net results of the Group, after taxes, profits amounted to ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 1.054 thousand compared to profits ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 2.156 in the corresponding last year 2008. Net profit after tax The net profit after tax were detrimental to this use at ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 244 compared profit ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 106 for the corresponding last year. The Probability Ratios Reveal: Roce: We have an increase on the level of profits in relation to overall capital employed to produce the profits (27.8 / 21.5). So the performance of the group is increasing. Roe: The decrease (almost 50%) of the efficiency of shareholders value. Roa: Since the great amount of decrease in Profit before Taxes from 3.592 to .1874 and the small deference between Total Assets of the 2 years we see that the ratio has decreased from 3.15 to 1.83 so the Group has not achieved its objective, which is the increase in sales volume and increase market share. Return of Shareholders Capital : We see , the great decrease of the Net Profit after Tax form 2.156ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ to 1.054ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ got us to the result of the simultaneously decrease of the Return of Shareholders Capital ratio from 14.7 to 7.2 (over 50%) Liquidity (all amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬000) The company achieves effective management of liquidity risk primarily through the equation to credit period, and secondly by providing sufficient reserves (cash and bank) as well as a rapid means of securing bank financing in the event of an unforeseen emergency. The Liquidity Ratios reveal: Current Ratio: Due to the fact that the change of the rate is small (1.19 to 0.95) we assume that the Group will not have any problem to cover all its Short Term Liabilities as its Short Term Assets remain in a great level. Quick Ratio: Even though we see a low rate in both years 0.48 0.58 and the Inventories (8.510ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 9.295ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬) are not in a level that in an emergency case should be easily converted into cash in order to cover the Liabilities, the Marketable securities (16.490ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 21.812ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬) and the debtors receivables (26.768ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 29.582ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ ) could help the Group to solve an unexpected Liquidity problem. Capital Structure (all amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬000) The Group manages its capital to ensure that Group companies will continue to be viable maximizing return to shareholders by optimizing the ratio debt to equity. The Groups capital structure consists of debt , cash and cash equivalents and shareholders equity of the parent company include share capital, reserves and retained earnings. The capital structure of the Group is monitored on an ongoing basis. Part of this monitoring is the review of capital costs and risks. Debt/Equity Ratio: We see the great deviation between the two periods ratio 0.03 1.34 t inflects to the repayment of the loan(16.000ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬) in year 2008 and that has helped the Group to come in such a position that can have a health operating function and also a good finance growth. Working Capital (all amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬000) Working capital is the amount of capital which is readily available to an organization. That is, working capital is the difference between resources in cash or readily convertible into cash (Current Assets), and cash requirements (Current Liabilities). As a result, the decisions relating to working capital are always current, i.e. short term, decisions. n addition to time horizon, working capital decisions differ from capital investment decisions in terms of discounting and profitability considerations. They are also reversible to some extent. (Considerations as to Risk appetite and return targets remain identical, although some constraints such as those imposed by loan covenants may be more relevant here). Current Assets 61.781ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬-85.456ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬=-11.128ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ (year 2009) As we have a negative number we assume that the Group will not be able to operate, and that it has no sufficient cash flow to service long term debt, and to satisfy both maturing short-term debt and upcoming operational expenses. Current Assets 72.867ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬-85.456ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬=-12.589ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬(year 2008) As we have a negative number also in year 2008 , we assume that the Group will not be able to operate, and that it has no sufficient cash flow to service long term debt, and to satisfy both maturing short-term debt and upcoming operational expenses. Next we will use the measure of cash flow within the operating cycle. This represents the time difference between cash payment for raw materials and cash collection for sales. The cash conversion cycle indicates the firms ability to convert its resources into cash We use the Ratio from: Years 2009 2008 Stock Turn Over Period 9.3 8.6 days Debtors Turnover 26.2 26.7 days Creditors Turnover 37.2 32.8 days Operating Cycle 2008 = 8.6+26.7-32.8 = 2.5 Operating Cycle 2009 = 9.3+26.2-37.2= -1.7 Best Inventory managerial at year 2009 which helps the Group for uninterrupted production although it reduces the investment in raw materials , it minimizes reordering costs and hence increases cash flow. The Operating Cycle has a 4.2 difference between the two operating years , the funding of the Working Capital is inevitable.(Bank loan Factoring) The cash balance in year 2008 allows the Group to meet day to day expenses, but reduces cash holding costs. In year 2009 credit terms may l attract customers, such that any impact on cash flows and the cash conversion cycle will be offset by increased revenue and hence Return on Capital

Genetically Modified Foods And Their Labels - 1447 Words

Genetically Modified Foods Genetically modified foods are products that contain genetically modified organisms. There has been some controversy that customers should be aware on the nutrient labels if the product contains genetically modified ingredients. Researching this topic is very important for everyone to understand and this topic came to mind while finding a page online called Consumer Reports, which is base from, a magazine. This page explains to people why they need to know about GMO foods and their labels. The goal of this research paper is to let customers know that using genetically modified organisms can harm the body to some extent; it could possibly harm the environment, and it could drive up the cost of grocery prices.†¦show more content†¦Many people say that foods that are modified can be bad for the health. Americans have been eating GMO foods for many years now and they didn’t know till researchers found them in different types of foods. We actually know that GMO foods are actually dangerous to some extent, but if people say that it is not harmful it actually doesn’t means it is safe and healthy for humans. Scientist did research on genetically modified foods and found out that it could damage some parts of our bodies when eat foods that have growth hormones in it. They used animals on their studies to see if GMO foods are harmful. They found out that it could damage the immune system, liver, and kidneys. So it is important for stores to tell the people if it is safe to buy and eat and they will be aware of it. Every food store should have labels that say that is has been genetically modified with organisms and by this people will decide if they want to buy the product and it will help people with health issues in the future. This point is agreeable because GMO food products can influence people’s health outcome. These products can influence how people think about certain types of foods that have some type of artificial growth hormones inside the foods. People that know that it is bad for them can stop by eating more of this foods that are naturally made. Non-modified foods are healthier for our bodies because it is naturally produced without any type of technology. GMOs foods can have side effects

The Telephone Free Essays

The Telephone â€Å"Before the telephone came to Magdaluna, Im Kaleem’s house was bustling at just about any time of day, especially at night, when its windows were brightly lit with three large oil lamps, and the loud voices of the men talking, laughing, and arguing could be heard in the street below—a reassuring, homey sound† Anwar F. Accawi (p. 46). We will write a custom essay sample on The Telephone or any similar topic only for you Order Now It’s hard to imagine that a single device such as the telephone, albeit a breakthrough in technology, could change not only a person’s day to day life, but an entire village. These men in the village experienced all of the luxuries the village had to offer at no cost, Im Kaleem provided the men with a place to gather for conversation, games, drinks and sexual services. The children used to hang around Ima Kaleem’s courtyard playing games waiting for a call down from some of the men requesting errands in exchange for money. But that all changed once the telephone was installed, most of the men would now sit at Abu Raja’s store, â€Å"they were always looking up from their games and drinks and talk to glance at the phone in the corner, as if expecting it to ring any minute and bring news that would change their lives and deliver them from their aimless existence†. (p. 46) Exposure to the telephone not only affected the men in the village, but it also affected the women, children and their entire way of life. I get very excited to hear about, read about or experience new technology, and I grew up surrounded by a constant emergence of technology, from pagers and cell phones to the home pc. I remember when we bought our first computer, they were just becoming a common household device, my dad came home from the store and asked me to hold the door open while he trucked in these huge boxes, I had never seen my dad so excited about struggling and sweating while moving things in the house. I had no idea what was in those boxes, but I became curious and excited as my dad opened the boxes and removed all the packaging, taking everything out piece by piece. Watching my dad fumble around with the instructions and all the wires in anticipation of something big happening made me super excited and I had no idea what this even was. â€Å"You can do almost anything you can imagine with this thing† he said to me in a very animated voice. To me it just looked like a television sitting on a desk, I started to become bored of watching this spaghetti of wires get connected one at a time at a very agonizing pace. My dad was determined and after what seemed like hours of running back and forth between the wires and the instructions, he looked over at me with a huge smile on his face as he powered the computer on. â€Å"I’m finished† he exclaimed, â€Å"now let’s see with this thing can do† he said. He wasn’t kidding, this was amazing, you could send electronic mail that could be opened by the other person instantly, you could listen to music, instant message, play games with someone from another country, it seemed that there was nothing this device could not do. It was limitless with opportunity and could take you anywhere your imagination would allow. So I am not surprised that when this tiny village, that did not have the simple things in life such as a calendars, clocks or even running water, were so influenced by the arrival of the telephone. This gave the people new hopes and dreams, it gave them an opportunity to experience new things and find out what the outside world was doing and could offer. â€Å"Within a year, only the sick, the old, and the maimed were left in the village. Magdaluna became a skeleton of its former self, desolate and forsaken, like the tombs, a place to get away from†. Anwar F. Accawi(p. 7) The calls eventually came in as expected and people started leaving the village for new opportunities, some went into the army while others went to explore new jobs. All of them left looking for a better life than the one they had in the village. With new technology comes new opportunity, I’m not saying that newer is always better, but it can open you up to things you never thought possible. It can pro vide you with choices that you never had before. I believe in the end Accawi was happy with the way his life turned out but reminisced of how he loved his life as a young boy in the village. How to cite The Telephone, Essay examples

The Cold War Essays (1531 words) - , Term Papers

The Cold War The irrational fear of Soviet invasion gripped our country for over 35 years. That fear led to the upper echelons of authority making decisions, which would create a feeling of near hysteria throughout the public. Americans feared that the Soviets were planning some nuclear attacks on the States, and were frightened by the thought that the Soviets might have a lead in the arms race. The words ?race? and ?gap? came to be used everyday when referring to anything the Soviets created, and Americans felt that the ?gap? which kept America on top of the arms ?race? needed to remain a ?gap?. With our submarines constantly finding new ways to tap into Soviet intelligence, it seemed that America did, in fact, have the upper hand. This could have cause some to feel confidence instead of fear; however, this did not come to be so. The whole nation, from the very head of government to the bottom rungs of society, feared the Soviets. Was this fear justified? What caused such intense fear? This is w hat this paper will explore. We will use the movie Dr. Strangelove and the book Blind Man's Bluff to look at why it could have been justified and also at the reasons for why such fear came into being. We begin by analyzing why the irrational fear was justified. The movie Dr. Strangelove shows almost every aspect of Cold War mentality in the United States during that period. What amazes me is that the film was shown at all during that time, what with all the blacklisting and censoring that was happening. Newspapers, film, and books were being censored left and right; however, Dr. Strangelove tapped into society's fear of our printed material being used against us. The Russian ambassador in the film claims that they learned of America's development of a doomsday machine in the New York Times. Although this would seem highly unlikely, in Blind Man's Bluff, there are references to stories, which were in fact leaked out to the Times. The first reference is on page 194: ?On October 9, 1969, the New York Times ran a front-page story headlined ?New Soviet Subs Noisier Than Expected.'? The second reference is on page 273, when the NYT ran a five-column, three line headline: ?CIA Salvage Sh ip Brought up Part of Soviet Sub Lost in 1968, Failed to Raise Atom Missiles.? These newspaper headlines were what Americans were reading everyday, leading to the fear that Soviets might have the one-up on warfare vehicles, or that they would salvage those missiles and use them against America. Also, if Americans could read so freely about what was happening with the military, the Russians could very easily be reading the same thing. Once again, the fear that Russians would use this knowledge against us was widespread. There were reports that the Soviet Union was racing to build its own atomic bombs, and there seemed no doubt that the Soviets were ?out to make a grab for world dominance.? (Sontag, 5) ?This was the atmosphere of mistrust that gave birth to the Central Intelligence Agency and plunged its agents into an immediate duel with Soviet spies. This was the era of fear that inspired the West to once again join forces, now as the North Atlantic Treaty Organization. And all of this was the inspiration for the blind man's challenge, the call for submariners in windowless cylinders to dive deep into a new role that would help the nation fend off this menace.? (Sontag, 6) So we see that the fear was not only ever present, but justified. Sherry Sontag's book is a goldmine when it comes to understanding why the U.S. felt so afraid of the Soviets. ?The Soviets had been developing missiles at a phenomenal rate ever since they were forced to back down during the Cuban Missile Crisis.? (Sontag, 93) This was common knowledge throughout the world. However, the U.S. was coming up with questions in their minds about what the possibilities were if the Soviets were in fact advancing in their technology. ?Was it possible that, just six years after the Cuban Missile Crisis, the Soviets were positioned to launch a first strike with little or no