close of fiscal 2015 HRB carries a 0.28% debt-to equity percentage signifying they have the ability to balance debt and pay notes without stressing the balance sheet. The debt-to-equity ratio of 1.44 exhibits their ability to thwart short-term cash flow issues. The tax giant has consecutively produced positive earning per share (EPS) year over year. HRB garnered a 24.2% increase from 2012-2013. EPS from $1.28 to $1.59, an increase up to $1.67. The 2015 Yearly Report stated an adjusted EPS of…
Profitability Ensures Steady Cash Flow According to the Reliable Cash Flow Projections sheet the organization referred to in Chapter 10 requires a cash flow of $13,462 per day to stay in the black, without any profit (McLaughlin, 2009, p. 137) and according to The Balance Sheet the organization has only enough cash on hand $16,190 which is only a little over the organization’s one day’s operational needs (McLaughlin, 2009, p. 125). What is most troublesome about the Reliable Cash Flow…
True, a business that wishes to expand might be having enough cash already, but taking up a business loan helps a business maintain its operating cash flow, shielding them from the negative effects of unexpected expenses. This way, it is even easy to repay the loan from the profits accrued from the expanded business. 6. A relationship with a lender is invaluable Having a defined and well-oiled relationship…
Xtreme Second Run cinema ‘n’ café 1.1 Objectives • The company projects to make sales of about £600K minimum within the first year and by year 3, a minimum of a million. • It projects a work-forces costs less than £300K in the first year. • To break even by end of 3rd quarter of the year. 1.2 Mission Xtreme Second Run cinema ‘n’ café operation is to set up a new cinema experience for its customers that will be so thrilling and refreshing with the aim of making them return as much as possible and…
Goody would be on the loft bed. “Hello! I’m so glad I finally get to meet you!” Goody exclaimed while smiling. The girl setting up pictures turned to look at her, but the girl on her laptop didn’t look up. “Hey. I’m Go-With-The-Flow. You can just call me Flow.” The girl mumbled. “You can have the loft and the middle two drawers of the dresser beneath it.”…
It is the only active volcano in Europe’s mainland. The volcano is very dangerous because of the large population of people in the city below it. It is classified as a complex stratovolcano because it explodes and had pyroclastic flows, which means it consists of rock pieces. It had some major eruptions for example: the “Avellino eruption” that occurred in about 1780 B.C.. Lava, ash, and rocks plummeted 22 miles into the sky. The prehistoric catastrophe completely destroyed everything…
A. LIQUIDITY RATIOS 1. CURRENT RATIO The current ratio measures a company’s ability to pay its short term obligations. The current ratio of Adani Power Ltd. has increased over the past three years. The Current ratio of Adani Power is constantly below 1, meaning that the current liabilities are more than the current assets. This suggests that the company would be unable to pay off its obligations if they came due at that point. This indicates that the company is not in good financial health. 2.…
Aaron Copland once said, “To stop the flow of music would be like the stopping of time itself, incredible and inconceivable”. Aaron Copland had the right idea about music it will never stop until time stops. All music has history, a purpose, and a fan. Everyone has their own music that they love to listen to because everyone is different and many songs embrace differences people find in themselves and in society. The five radio stations I have set on my car radio begin with a Christian…
According to Mihaly Csikszentmihalyi, in the “Finding Flow” section he says, “Most of the welders who worked there hated their jobs, and were constantly watching the clock in anticipation of quitting time. As soon as they were out of the factory they hurried to the neighborhood saloons, or took a drive across…
7. Gambling is poor stewardship of God’s money. The scriptures teach that all Christians are stewards of God’s possessions. All that we have has actually been entrusted to us by God who will one day soon call us to account for our stewardship. This principle is clearly seen in Jesus’ words in Luke 16:2: “give an account of thy stewardship…” It is seen further in the parable of the talents (Matthew 25:14-30) where it is clearly demonstrated that future rewards will largely depend on our present…