Wednesday, November 27, 2019

Creating the World of Forrest Gump essays

Creating the World of Forrest Gump essays 'Forrest Gump is a story of a slow, simple minded man from Alabama that, despite beating all the odds and becoming a success in multiple areas of his life, finds it difficult to get Jenny, his dear childhood friend, to reciprocate the feelings he has for her. The movie follows them through the years to adulthood. In Forrest Gump, the mise-en-scne uses items and popular trends from the particular time period in question to allow the viewer connect the time frame and story. A scene of utmost importance from the movie Forrest Gump is entitled; Peas and Carrots, is when Forrest and Jenny meet for the first time on the school bus, thus beginning a lifelong friendship. At the time of this scene, it was the beginning of the school year and Forrest gets on the bus. After receiving multiple rejections from the other children on the bus to let him sit down, Forrest turns and locks eyes with Jenny. She invites him to sit with her and they have an immediate bond. This friendship with Jenny is special to Forrest because she is his only friend. Forrest proves to be unaccepted by others because he is a boy of low intelligence who presents with a strange walk due to braces he must wear on his legs to aid his crooked back. Jenny accepts Forrest as he is and she does not make fun of him. The setting begins depicting the time and style of the 1950s south in the United States. As times change throughout the years between the 1950s and the 1980s. The methods and culture the characters present for speaking and dressing are symbolic of the era. True historic events that have occurred are presented throughout the movie during their corresponding time periods. Old automobiles and a 1950s barber shop are shown, evident of the time. In addition, the televisions that were on display in the window were all in black and white, showcasing Elvis Pressley at the infancy of his singing career ...

Saturday, November 23, 2019

Financial statements for Lemonade

Financial statements for Lemonade Introduction Financial reports are very important tools used in gauging the financial health of business enterprises and making predictions of the future of a business. It is therefore important that any business organization use these reports in formulating its strategies and future goals to be delivered.Advertising We will write a custom report sample on Financial statements for Lemonade specifically for you for only $16.05 $11/page Learn More While the financial reports give a wider picture of the state of affairs of the business, the ratio provides specific areas of strength within the business and provides an opportunity for the management to leverage on its areas of strength and take corrective measures against the weaknesses. This paper will provide the financial statements and the corresponding ratios for Lemonade stand business for the two seasons. This will be followed by a critical analysis of the financial health of the business as shown by the f inancial report. Financial statements Balance sheet This is a very important financial statement in a business entity. It shows the financial position of the business in terms of assets, liabilities and the owner’s equity. A well prepared balance sheet must therefore clearly indicate the assets owned by the business, the liabilities that the business owes and the money invested by the shareholders or owners of the business. The financial statement below shows the balance sheet for Lemonade business for the two seasons: The income statement on the other hand provides information about the financial performance of a business within a certain period of time.It gives the revenues and expenditures which must be matched to realize the earnings. The income statement below is a summary of the Lemonade business for the two seasons: Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Analysis of the ratios and the financial statements The balance sheet above shows that the business financial position improved greatly between season one and season two as the balance sheet value increased from $16480 to $18400 representing a 12.22% jump in the value of the balance sheet. The same trend was witnessed with the equity side of the balance sheet as the value of equity increased from $4900 to $6200 which was quite impressive for the business. The company liabilities also increased from 11880 to 12120 representing 2% increase. This can be attributed to the increase in the level of activity as the firm tried to improve its level of operation. From the income statement the firms total earnings increased by more than 78% from $9400 to $16800.The increase in earnings is attributed to the large jump in the firms revenues from $44000 to $5700.Although the expenses also increased, the percentage increase stood at 17% which was too low compared to the increase in the revenues wh ich stood at 29%. One of the key factors that determine the financial health of any business is the liquidity. A closer look at liquidity ratios such as current ratio and cash ratio shows a great improvement in the firm’s liquidity from season one to season two. The current ratio in season two stood at 2.10 up from 1.8 in season one and this clearly shows that the firms current asset were able to cover the current liabilities by more than 2 times compared to 1.8 times in season one. The same trend is seen in cash ratio where the firm’s cash and cash equivalents stands at 2.09 times its current liabilities. This is an improvement from 1.7 times recorded in the first season. The debt to equity ratio which shows the level of exposure to debt financing reduced from 2.3 to 1.4 from season one to season two. This means that the firm is properly protected from too much debt and hence the company can use much of its earnings to finance expansion projects rather than repay debt . The inventory turnover increased from 4 times to 9 times which clearly shows an improvement in the firm’s efficiency in operations and hence stock is able to move faster than in the first season. The asset turn over however declined from 3.09 to 2.6 which means that every dollar of asset invested only realized 2.6 in season two compared to 3.09 in season one. This calls for better ways of managing assets in the business. The firm should also avoid keeping too much idle assets (Brigham Houston, 2009).Advertising We will write a custom report sample on Financial statements for Lemonade specifically for you for only $16.05 $11/page Learn More Another major indicator of the financial health of a business is the profitability and from the profitability ratios presented the business was able to record improved profits in season two compared to season one. The profit margin increased from 70.5% to 78% and this indicates the firm was able to realize more than 78% sales as profits. The return on equity increased from 47% in season one to 58% in season two. The returns on assets also increased from 10% in season one to 15% in season two. These are clear indications of poor management of equity and assets respectively and hence the need for prudent ways of managing assets and equity. Based on the above financial statements and ratios the firm still stands at a better position provided by strong liquidity and less exposure and hence it has a bright future. The management must however set up proper methods of managing assets and owners equity to realize maximum returns. Reference Brigham, E.F. Houston, F.J. (2009). Fundamentals of Financial Management. 12th ed. Mason, OH : Cengage South-Western.

Thursday, November 21, 2019

Human Resource Management Practices in China and the UK Essay

Human Resource Management Practices in China and the UK - Essay Example This essay aims to identify, discuss and evaluate the national differences in HRM practices and views between China and the UK, based on the findings across numerous literature sources. An effective use of knowledge that was obtained in the study will enable to understand how companies of these two countries can manage diverse workforce and how it is better to handle the diverse employees. With the openness of boarders, companies across the world have started to pay more concerns as to what factors affected the abilities of nations and the business to better adapt to the new economic and social changes in order to be more achievement-oriented. Thus, different national cultures appeared to have different HRM implications, which are the integral part of each company’s striving to gain a competitive edge. However, one of the challenges that organizations collide with during the globalization of their operations is the adaptation of HR practices to the new and different cultures and the creation of operation manners to suit both comfortable and appropriate to the organization and those cultures. This challenge is central for all multinational organizations The globalization has created greater numbers of areas in business, where the wide variety of cultures is represented in their workforce. With an attempt to treat each culture differently and with respect, there appeared practical issues in doing business, such as need to take into account the various religious and secular holidays and the official language of the workforce