Interpretation of financial statements (report) Essay

Interpretation of financial statements (report) - Essay Example To keep an investment with a company or its shares is a decision that should be viewed by an owner or investor in terms of cost-benefit analysis just like any purchase transaction. The expected benefits must have to be quantified or measured in order to guide decision making better. A company is generally assumed to growth over time in certain finance models. (Brigham and Houston, 2002). It needs to have profitability, efficiency, liquidity and solvency to survive, grow and stay in business. It competitors would always be there to match every strategy that it unleashes; thus, the strategies to be used must consider its external and internal environment in order to compete well in an industry that is affected by many hard to control factors. External factors need not be avoided however, since companies have employ strategies that would help the to develop strategies that would help them cope with the changing external environment. The return on capital employed (ROCE) of WBS Ltd. at for the last two years 2009 and averaged at about 17% as against the industry average of 20.3%. WBS Ltd. is obviously less profitable than ordinary competitors in the industry in both years. ROCE also declined to 12% in 2010from 22% in 2009. Such declined performance could not be an indication of some problem as it is still very high. Profitability was lower also compared with 2007 and 2008 ratios. See Appendix B. A more than 15% return on capital employed (ROCE) would definitely attract investors as it would mean that for every $100 the investors expect returns of about $15. This could be viewed as something high during normal times or when there is no recession. The present situation of the economy may be described as recovering. The fact the company is slight not doing better than the rest of the industry must convince owners to keep watch their profitability if not their investment with the company may

Denali National Park Essay Example | Topics and Well Written Essays - 1000 words

Denali National Park - Essay Example It was renamed as Denali National Park and Preserve in 1980, when under National Interest Land Conservation Act, another 4 million acres were added to it. It exemplifies interior Alaska’s character as one of the world’s last great frontiers, its wilderness is largely unspoiled. (nps). It is an internationally acclaimed biosphere reserve under United Nations Man and the Biosphere Program. Wilderness value is an intrinsic part of this park The region is conspicuous by long cold weather followed by short growing seasons. The unpredictability of the weather condition, with unexpected snowfall, is another feature that makes it highly interesting biosphere. The climatic conditions of the park are mostly controlled by the Alaskan range. While the Gulf of Alaska brings in moisture and cold winds from the south, the mountain blocks it, resulting in drier and erratic climatic conditions to the northern parts of the park. It is for these reasons, the south of the park has cool and pleasant summer and relatively warm winters as against the widely fluctuating temperature with long cold winters and short summers of the north. ‘Moist foothill tundra comprises cottongrass (Eriophorum sp.) with dwarf shrubs, green alder (Alnus crispa) and dwarf birch (Betula nana). Drier tundra has mats of mountain avens (Dryas spp.), grasses and sedges. Above the alpine tundra, rock, snow and ice dominate’ (UNESCO). The geological aspect of the park is highly significant to study evolution of the species and understanding the complex ecological principles that are responsible for the extreme weather conditions and huge climate change of the modern times. The park abounds with huge paleontologic resources like fossils of extinct species. The park is part of Morrison Formation Ecosystem which undertakes ecosystem studies. The evidenced of the presence of dinosaurs and other extinct species have made the park extremely popular amongst the students’ community and public.