The Lady and Her Five Suitors free essay sample

The importance of obtaining a high efficiency rating by the school, its faculty and students has compromised the principles of most of its administrators. It not only affects the efficiency of the schools and their faculty but it also contributes to the decline in the actual performance of students. The story also shows how the activity can be turned into an opportunity to punish insubordination by assigning the most problematic and difficult tasks to the most â€Å"not-liked† teachers and students. The story also exposes the Filipino’s mentality towards competition. Sometimes one’s pursuit for personal and professional growth can be mistaken a threat to another man’s job or authority. More likely, it would be interpreted as â€Å"showing-off†. Unfortunately, the conflict between different interests not only affects those involved but usually extends to all the faculty, which in turn causes polarization in the workplace. A visitation announced a month in advance defeats the purpose for such an activity, as was clearly shown in the story. We will write a custom essay sample on The Lady and Her Five Suitors or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It gives the school administrators the opportunity to prepare and hide the infirmities of their respective schools. The results are usually not reflective of the true status and situation of the schools because only the good things are highlighted while the bad things are hidden. Sometimes overnight makeovers are resorted to so that there will be the appearance of compliance with the educational standards. The whole activity boils down to making an impression and satisfying a group of assessors, who are treated like gods by flattery and gift-giving. The irony of this is that the death of idealism starts from the school, which is supposed to be its cradle. Students are exposed to the practice of conformism and favor-currying by their teachers. The school is supposed to protect the students from such corrupt practices. Due to this kind of bureaucratic practice in the public schools, the standard of education is lowered. The true progress of our educational system can not be assessed. Teachers are not promoted based on efficiency, competence, professionalism and other criterion used in the merit system. The story is a microcosm of the corruption existing in our country. Apparently, corruption is already in the grass roots. It would seem that the only way a person can climb the bureaucratic ladder is to allow himself to be eaten by the system. Good people in the government are usually punished for doing their jobs, while bad people are rewarded for doing things other than their jobs. Indirectly, the story shows the direct proportionality between success in the government and the ability of one to compromise his principles, values and character. The more one compromises his principles, values and character, the more likely he will succeed. Justice is indeed hard to find in the Philippines. Those who sacrifice and dedicate their lives for the good of the country usually end up getting nothing and having nothing. In the end, it’s always the children who will suffer. They are the ones who will taste the products of the mistakes of their fathers. Ironic though because fathers usually resort to these malpractices to ensure a good future for their children. ?

BUSI2093 Unit1 Problems LM Essay

BUSI2093 Unit1 Problems LM Essay BUSI2093 Unit1 Problems LM Essay BUSI2093 - Introduction Managerial Finance Chapter 14, Problem 9 Financial Ratios - Liquidity Required Data Current Assets Current Liabilities Inventories Cash $ $ $ $ 2011 1,630,200 1,857,200 587,500 191,000 $ $ $ $ 2010 1,504,700 1,787,700 563,600 188,900 Current Ratio: Current Ratio = current assets / current liabilities Current Ratio = 0.8778 0.8417 $ $ $ $ Change 125,500 69,500 23,900 2,100 0.0361 Quick Ratio: Quick Ratio = (current assets - inventories) / current liabilities Quick Ratio = 0.5614 0.5264 0.0350 Cash Ratio: Cash Ratio = cash / current liabilities Cash Ratio = 0.1028 0.1057 -0.0028 Liquidity ratios measure a company's ability to meet its short term obligations in a timely fashion (Brooks 2013; pg 429) The current, quick and cash ratios have resulted in a number less than 1, meaning that the current assets are not enough to cover the company's current liabilities. This can be an issue should the creditors demand repayment all at once. The year over year change of these two ratio's have slightly improved, however to investors these results would still be concerning. References Brooks, Raymond M. (2013). Financial management: Core concepts, (2nd ed). NJ: Prentice Hall BUSI2093 - Introduction Managerial Finance Chapter 14, Problem 10 Financial Ratios - Financial Leverage Financial leverage ratios measure a company's ability to meet its long-term debt obligations. It helps answer the question, Can normal operations cover the interest expense from debt, or will additional capital be needed to satisfy the debt obligation? . (Brooks 2013; pg 431) Required Data Total Assets Total Liabilities Total Equity EBIT Interest Expense Depreciation $ $ $ $ $ $ 2011 14,689,400 11,977,700 2,711,700 3,199,300 375,000 1,498,980 $ $ $ $ $ $ 2010 14,119,500 11,067,200 3,052,300 2,979,700 356,100 1,473,240 Debt Ratio: Debt Ratio = total liabilities / total assets Debt Ratio = 0.8154 0.7838 Change $ 569,900 $ 910,500 -$ 340,600 $ 219,600 $ 18,900 $ 25,740 0.0316 In 2011, for every dollar of assets, the Tyler Toys owes $0.82, vs. only $0.78 a year ago. An increase in this ratio could be looked at negatively by the managers and shareholders. One would need to look at the reason for the increase in debt from a year ago to see if it is justified. For instance was the increased debt due to long term financing for an expansion of the business or due to increased purchase of inventory that isn't selling? Times Interest Earned Ratio: Times Interest Earned Ratio = EBIT / interest expense = 8.5315 8.3676 0.1639 In 2011, Tyler Toys EBIT could cover its interest obligation 8.5 times which was slightly better than the year before at 8.4 times. The year over year change wouldn't signal any concern with management and the shareholders, however should be compared against the companys' aspirations to ensure it is aligned with meeting its strategies. Cash Coverage Ratio: Cash Coverage Ratio = (EBIT + depreciation) / interest expense) = 12.5287 12.5047 0.0240 In 2011, Tyler Toys can generate cash from its normal operations 12.5 times which roughly constant from the year before. Whether this is good or bad will depend on the strategy of the company. From a shareholder perspective I would want to see the company using its cash to expand or grow its EBIT. References Brooks, Raymond M. (2013). Financial management: Core concepts, (2nd ed). NJ: Prentice Hall BUSI2093 - Introduction Managerial Finance Chapter 14, Problem 11 Financial Ratios - Asset Management Asset management ratios measures how efficient a compan y uses its assets to generate revenue or how much cash is tied up in assets like inventory or receivables. (Brooks 2013; pg 432) Required Data Total Assets COGS Inventory Sales Accounts Receivable 2011 2010 Change $ 14,689,400 $ 14,119,500 $ 569,900 $ 8,449,100 $ 8,131,300 $ 317,800 $ 587,500 $ 563,600 $ 23,900 $ 14,146,700 $ 13,566,400 $ 580,300 $ 669,400 $ 630,400 $ 39,000 Inventory Turnover: Inventory Turnover =