Financial Analysis Research Paper Example | Topics and Well Written Essays - 500 words

Financial Analysis - Research Paper Example On the other hand, the industry average current ratio or liquidity ratio was observed as 1.19% (assuming that the revenues and expenses have increased proportionately maintaining stability in the industry structure) (The Brandow Company, 2010). The company’s current ratio and the industry average current ratio is represented below graphically, With reference to the obtained data, it can be evidently stated that the company possesses competitive strength in terms of leverage. It is worth mentioning that liquidity ratios depict the relationship of the company’s liquid assets or current assets with its current liabilities that in turn confirms the financial balance within the company (Brigham & Houston, 2009). As apparent from the chart represented above, the liquidity ratio or current ratio of Can Go is quite higher than that of the industry average. Thus, it can be stated that Can Go possesses significant competitive advantage in terms of liquidity in the industry. On the similar context, the debt ratio of the company is calculated to be 1% which is below the average industry debt ratio, i.e. 1.58% (The Brandow Company, 2010). It can be represented through chart as following: It can be apparently witnessed that the company possesses noteworthy risk in terms of debt balances. Notably, debt ratio indicates the flexibility of an organization to repay the debts incurred at a specified time period with ease and efficiency (Brigham & Houston, 2009). Therefore, with a lower debt ratio than that of the industry average depicts that the company shall have to face significant challenges when repaying the debts efficiently to its creditors. With an in-depth point of view, the profitability of the firm can also be identified as poor in comparison to the industry average ratios. For instance, the profit margin (0.11%) and return on total assets (0.02%) of Can Go are observed to be

Philosophies of Meditations by Marcus Aurelius Essay -- Philosophy Mar

Marcus Aurelius Even today, Meditations by Marcus Aurelius is read by every class from kings to common people. The book is a universal classic, meaning it can be related to at any time, by anyone. The philosophies included in his book have spanned the centuries, and Meditations remains to be one of the most influential books ever written. Marcus Aurelius was born on April 20, 121 AD into a family of royalty. His uncle and adoptive father, Antoninus Pius, was the emperor of Rome. Aurelius, too, was trained from birth to be a great ruler like his father. At age eleven, he dedicated himself to religion, although he considered philosophy to be the "true, inward" religion, one which did not require ceremonies necessary in others. Throughout his childhood and early adulthood, Aurelius was taught by several talented teachers. When he was young, the great Epictetus tutored him, followed by a man named Q. Junius Rusticus, who would accompany Aurelius throughout much of his life. In 161 AD, Pius died, leaving Aurelius and Pius’s other adopted son, known as Verus, to rule together. The two brothers were quite different, although no disagreements are mentioned between the two. Verus was a headstrong man, who was more apt to want a war than the contemplative Aurelius. Verus was an "Epicurean" and definitely would never be called a philosopher. However, Verus died suddenly in 169, leaving Aurelius to rule Rome on his own. It is important to mention that during basically all of Aurelius’ rule, Rome was engaged in a long series of defensive wars. In fact, the book Meditations was written during these wars, possibly during the darkest of conditions. And even though these wars were successful, they were taxing both on Rome as a state, and on Aurelius himself. However, he somehow managed to stay somewhat unaffected throughout, an amazing feat unto itself. Although Aurelius was considered a great man and emperor, he ruthlessly persecuted the Christians. He considered them a threat to his "imperial system." However, he did not know very much of the Christian doctrines that he was so against. In direct contradiction to this ruthlessness to the Christians was the way he treated his own people. He is considered to be the "Last of the Great Emperors." He ruled Rome during a time of declining prosperity. However, he did try to improve his home while he ruled it. He ... ...the greatest empire. He did his best to keep the government an honest as possible, and tried to use it for the advantage of the people, which was it’s original purpose. Aurelius obviously was concerned with many different areas of both his empire and his religion. Marcus Aurelius, through his book Meditations, has attained something he scorned in principle - posthumous fame. Throughout his life, he was known as a generous emperor, and not considered to be a student in philosophy. After his death, however, his diary was discovered, and the true inner thoughts of Marcus Aurelius were published for the entire world to read. Although the vast majority of the philosophies included in Aurelius’ book still hold true and make sense, we know that at least one was wrong. Aurelius believed that even posthumous fame was short-lived, for a person’s named is never carried from generation to generation. However, this melancholy collection of philosophies written by a lonely man centuries ago is still considered to be one of the most influential books ever written. Although he never received the opportunity to be a philosopher during his life, Marcus Aurelius certainly deserved the title.

Holden and Phoebe

In a frenzy of sadness and frustration on the night that Allele died, Holder smashed all the windows in his garage with his bare fists. I was only thirteen, and they were going to have me psychoanalysis and all, because I broke all the windows in the garage. I don't blame them. I really don't. I slept in the garage the night he died, and I broke all the goddamn windows with my first Just for the hell of it. My hand still hurts me once in a while, when it rains and all, and I can't make a real fist any more†¦ Although Holder is innocent, he is not naive. Society has affected him to the extent that he is aware of the cost of things, but wastes his money on taxis, as he wants to avoid the phones on buses. He refers to the value of his coat, his cases, his typewriter and even his pens, but he does not cherish his possessions as he gives his typewriter away and lends his coat to Seedeater. When his gloves were stolen, the only thing he cared about was that he became cold.When he was a child he lost his belongings – so now as a teenager he fails to take his change and hates people ho spend time at posh restaurants and popular bars; yet there is a hypocritical side to him which makes him take taxis, go to bars, cinemas and theatres, and stay in hotels. Society has taken everything from Holder, both of his brother's presence and his parents Seedeater borrows all he owns, his clothes and even the girl he loves.His possessions are stolen at school. Because of all of this, he feels he must reject society. It is not surprising that he feels he must turn to children; after all, they are a symbol of innocence, and they have not rejected him. He says that he would like to e ‘The Catcher in the Rye', who is a fictional character in a Burns poem, who stops children running off the edge off cliff whilst playing in rye fields.This analogy epitomizes the only future Holder can see for himself. Phoebe is the only person Holder trusts. Her sanity and naturalness re stores confidence of society in Holder. Due to his love from Phoebe a complete breakdown by the pond, and from a pointless escape later. Holder hates hypocrites and phones, but meets few people who are honest, so he generalizes and says there are phones all around him, another thing that makes IM an outcast of society.Even his teachers are phones; Mr. Spencer acts in front of the headmaster, and the headmaster performs in front of the rich parents and Mr. Anatolian appears to have crooked morals. Holder's parents are absent in his life, his dad is a lawyer who is very strict as seen in â€Å"Daddy will kill you† he also doesn't show affection towards Holder. Holder's mother isn't very interested in neither his nor Phoebe's lives as when she catches Phoebe smoking, as all she says is â€Å"l don't like that, Phoebe. I don't like that at all. † (159)

Essay on Adelphia Scandal - 2340 Words

The Adelphia Scandal The Dawn of Adelphia Adelphia was founded in 1952 by John Rigas and his brother Gus Rigas in Coudersport, Pennsylvania with the purchase of their first cable franchise for $300. After 20 years, the Rigas brothers incorporated their company under the name Adelphia which derived its name from a Greek word which means brothers, an apt corporate title for a business that would employ generations of the Rigas family. Adelphia was a cable television company and built its success on a strong commitment to customer care; and because of this commitment, a glorious growth spree would follow. By 1998, Adelphia passed the two million-customer milestone and served approximately 5.6 million cable television†¦show more content†¦Cohen was astounded to see the footnote disclosure and pressed Tim Rigas for details at the end of a conference call that day. Things in Coudersport quickly spun out of control as shareholders asked for clarity and transparency. The revelations and the investigati on that followed sent the company spiraling deeper and deeper into a scandal that the Securities and Exchange Commission (SEC) eventually called, one of the most extensive financial frauds ever to take place at a public company . The stock continued to fall and on May 15, 2002 John Rigas resigned as chairman and CEO. In the Securities and Exchange Commission v Adelphia Communications Corporation 2002, the SEC charged Adelphia of three specific acts. First, executives fraudulently excluded billions of dollars in liabilities from its consolidated financial statements by hiding them in off-balance sheet affiliates. Adelphia management kept this liability off the books by allocating the co-borrowing loans among its unconsolidated subsidiaries. Debt of the subsidiary was increased and Adelphias bank debt was reduced by the same amount. It gave investors the false impression that the company was leveraging and paying off debts. The company made additional misrepresentations in public stat ements and filings to keep up this appearance as well as creating bogus transactions and fictitious documents to prove that theShow MoreRelatedAdelphia Communications Scandal Revealed Essay782 Words   |  4 PagesADELPHIA COMMUNICATIONS SCANDAL REVEALED ________________________________________ The Adelphia Communications Scandal Created Controversy. The Fraudster Got Sympathy From the Judge and Received a Light Sentence for Stealing From Old Folks. ________________________________________ The Adelphia Communications scandal broke in 2002 when a footnote in a routine quarterly earnings statement revealed that the Rigas family had borrowed more than $2 billion from the company. But they didnt pay it backRead MoreThe Adelphia Scandal Essay1114 Words   |  5 PagesThe Adelphia Scandal In 1952, John Rigas purchased his own cable company. 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As the scandal came to light people did not play the stock market if they believe that the stock prices were rigged.† Weygandt, Kimel, Kieso (2012) researched that; â€Å"the United States government regulators and lawmakers