Starbucks Financial Ratios Analysis - 2630 Words

Starbucks: Financial Ratios Analysis Part 3 Anna Gallagher American Public University This financial paper part three will discuss different financial ratios of Starbucks, McDonalds, and Dunkin’ Donuts. These ratios are return on assets, profit margin, asset utilization rate, current ratio, acid test ratio, operating cash flow ratio, accounts receivable turnover, days’ sales outstanding, inventory turnover, and days’ sales in inventory. This paper will also present and discuss the free cash flow and working capital of Starbucks and its two major competitors – McDonalds and Dunkin’ Donuts. Financial ratios are great tools to measure the financial performance of an entity. Investors, stakeholders and other financial statement users apply†¦show more content†¦Below is a table of comparison of the ratios for Starbucks, McDonalds and Dunkin’ Donuts as aforementioned above. Table 1. Return on Assets and Profit Margin FY 2013 Starbucks McDonalds Dunkin Donuts Total Assets $10,752,900 $36,626,300 $3,234,690 Revenue $16,447,800 $28,105,700 $713,840 Net income $2,068,100 $5,585,900 $146,903 Return on assets (ROA) 19% 15% 5% Profit margin ratio 13% 20% 21% Retrieved from Nasdaq website (all rights received @ 2015) Using the table above for comparison, it is evident that Starbucks, with a 19% ROA, is more efficient at managing its assets to generate income. Between the three companies, Starbucks is better at utilizing its resources to ensure that every dollar spent goes to the right bucket of expense to promote their brand and, thus, generating higher amount of income at the end of the period. However, due to multiple foreign expansions that Starbucks is investing into, its 20013 profit margin ratio of 13% is not as high as McDonald’s and Dunkin’ Donuts. Starbucks, being the youngest among the three companies, is focusing to meet the demands of its customers in foreign countries. According to Nasdaq (2015) and Starbucks (2015), the green mermaid logo brand is expected to grow 15% higher in the next 5 years. Free Cash Flow Table 2. Comparable data for Free cash flow FY 2014 Starbucks McDonalds Dunkin Donuts Net cash provided by operating activities $607,800Show MoreRelatedStarbucks : Financial Ratios Analysis1788 Words   |  8 PagesStarbucks: Financial Ratios Analysis Part 4 Anna Gallagher American Public Universityâ€Æ' Property, plant and equipment are the major source of future service potential to companies. 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Research Paper On Maternal Smoking Of Pregnancy, Fetal...

Genre Analysis Outline Picked topic: Maternal Smoking in Pregnancy, Fetal Development, and Childhood Asthma Type of genre: Research paper Conventions of research papers: Abstract- is usually a 250-word overview of the research paper and provides the main idea of the study. Includes the 6 sections that are stated below. As stated in â€Å"Writing in the Health Sciences† it is usually written after paper is complete and is the first thing people read. In my text: the abstract includes the main point of the objectives, methods, results, and conclusions. Underneath is what seems to be the introduction but is not stated as introduction. Also, a variation in my text is that the abstract is very short and doesn’t explain into detail. Instead each main point is one sentence rather than a short 250-word paragraph. Introduction- to provide a framework of your study. It explains why your research paper is needed and important. Also shows how your project fits into existing research and is where you hook the reader and establish your credibility as a writer. Includes the researcher’s questions and hypothesis from the experiment. In my text: the introduction is not specifically stated as introduction but can be identified under the abstract. Here the researchers justify to the readers the relationship between smoking during pregnancy and the risk of low birth weight from recent studies. It also includes how this relationship of smoking during pregnancy could effect the risk ofShow MoreRelatedPreterm Births : Causes And Effects3044 Words   |  13 Pages Title Page Number Abstract 2 Introduction 3-4 Causes of Preterm Births 5 The Effects of Previous Preterm Deliveries and Cesarean Sections on Current Pregnancies 5-6 The Correlation Between Maternal Infections and Preterm Birth 7 The Effects of Environmental Factors on the Risk of Preterm Births 8 The Correlation Between Maternal Consumption of Drugs and Alcohol on Birth Outcomes 9 Prevention 10 Conclusion 11 References 12 1 Abstract Preterm births are the leading reason for infantRead MoreMedicare Policy Analysis447966 Words   |  1792 PagesIncome Medicare Beneficiaries Subtitle B—Reducing Health Disparities Subtitle C—Miscellaneous Improvements TITLE III—PROMOTING PRIMARY CARE, MENTAL HEALTH SERVICES, AND COORDINATED CARE TITLE IV—QUALITY Subtitle A—Comparative Effectiveness Research Subtitle B—Nursing Home Transparency Subtitle C—Quality Measurements Subtitle D—Physician Payments Sunshine Provision Subtitle E—Public Reporting on Health Care-Associated Infections TITLE V—MEDICARE GRADUATE MEDICAL EDUCATION TITLE VI—PROGRAM

Frank Lloyd Wright Free Essays

She has written several other books on American architecture Including On Architecture: Collected Reflections on a Century of Change and The unreal America: Architecture and Illusion. Her biography on Frank Lloyd Wright is both informative and entertaining; she not only reveals the long and harrowing Journey and the victories and defeats of the rebellious and egotistical architect, but also gives a clear view at the times in which he was most active and the ways in which the country and the world were reacting to his architecture while adapting with everything from changing architectural tastes and styles to economic depressions and the World Wars. Beginning with his birth and childhood in Wisconsin all the way to his latter days of work and death in Arizona, Hustle details the journey and evolution of his legacy and the tragedies that failed to hinder his art in coherent chronological fashion. We will write a custom essay sample on Frank Lloyd Wright or any similar topic only for you Order Now Hustle begins the first chapters of the biography with the birth of Frank Lloyd Wright and his beginnings as a child in Wisconsin. Hustle also Introduces the fact that Wright manipulated some details of his personal information throughout life to suit his ego and create his own elegantly presented persona, beginning with his birthday. Born truly in 1867, Wright later changed his birth date to 1869 which â€Å"made a case for a precocious talent with an impressively youthful, early success in Chicago in the 1 sass,† and more Importantly to Wright it â€Å"kept him shy of the dreaded 90-mark during his brilliant late work in the asses† (Hustle 1). In these acts of self- benefit, Hustle revealed the aesthetically egotistical side of Wright that I most certainly never realized was an active force in his life. From his birth, Wright was pampered and directed by his mother, Anna, who believed him to be destined for greatness. On conception, she decided that Frank would be a great architect one day and she was going to do everything in her power to help and guide him in that path, not only for his own benefit but for hers as well. She thought particular crib all to influence the newly born Wright towards a path of architectural nirvana. â€Å"He would deliver her from the despair and hardship of her life, make up for her thwarted ambitions; they would have a golden future together† (Hustle 7). Hustle describes Wright’s childhood as a bittersweet mixture of hard labor on his uncles farm and alienation from his father mixed with glorious Sunday mornings at he Lloyd Jones family Unitarian chapel followed up by emotionally restorative nights spent singing songs while his father played piano. She illuminates how even though he was a small and weakly child, he learned to â€Å"pile tired on tired† (Hustle 14) working on his uncle’s farm and how that strength and stamina of mind and body stayed with Wright even up to the final days of his career which was alive and well until his death. Hustle then begins to describe the evolution of Wright’s Journey to becoming an apprentice architect. He was given his first opportunity at a youthful age to assist in he design and construction of a family chapel and even added a windmill of his own design later which stood the test of time and physical stress against the disbelief of some in his family. Through his early life in the rolling hills of the scenic Helena Valley, Wisconsin, Wright planted the seeds of his ideas and passion for â€Å"organic architecture† (Hustle 27) which would be the basis of his unique art in his future works. Organic architecture makes the lay of land, its environmental atmosphere, and the nature of the construction materials the combined generators of the design f the building. His 1935 masterpiece, Billingsgate, built for Edgar Kaufmann over a waterfall is a perfect example of the mix between nature and architecture that makes it uniquely organic and uniquely Wright. Hustle does an amazing Job at keeping all of Wright’s advancements in chronological order and in a way that is easy to understand how he built his way up to the famous architect that he is. Through his confidence given to him by his mother, Wright began to understand that he was destined for more than an ordinary mortal life because he had â€Å"God-given creativity’ (Hustle 33). When Wright was twenty years of age, he moved to the booming cultural epicenter that was Chicago of the asses. He applied to many different architectural firms but only to the prestigious ones which he believed worthy of his gifts and unique abilities; ultimately reputation and image would be the factors Wright would take into account when choosing a firm to work for. He began with Joseph Lyman Sessile, moved on to Beers, Clay, and Dutton, went back to Sessile, and then found his first nest egg of architectural growth and education with Louis Sullivan and Dammar Adler of the Adler and Sullivan firm. Hustle describes Wright as being able to absorb and retain every bit of useful information. He would act as a sponge to Louis Sullivan, soaking up every ounce of the architectural knowledge he found interesting or worthy and committing it to memory. Although you would think that Wright would credit Sullivan for his influence, Hustle defines Wright as notoriously self-centered and arrogant. He would never admit that his ideas or passions for architecture had been influenced by any other human or any culture. His ego made him believe that his forms of architecture were completely ewe and unheard of; it was truly Just a concoction of every bit of influence he had every received through both education and observation Just mixed and manifested biography, Hustle tells how Wright went from sponge-like apprentice to fully accredited and renowned architectural celebrity. As his experience and popularity grew, Wright was approached by clients seeking his work apart from Sullivan influence and he began â€Å"moonlighting† (Hustle 70). With a newly wedded wife and children on the way, Wright needed more money to support them and his notorious self-indulgence into Japanese prints and fine clothing. Moonlight work, which is working on secret drafts without company permission and reaping all the profit, was forbidden in his contract with Adler and Sullivan and he was eventually found out and immediately fired. The blow to Sullivan was disastrous and the master and apprentice lost touch for years. When he had established himself well enough in the Chicago architectural scene, Wright began taking on employees as draftsman in his home-studio in the Oak Park suburb of Chicago. His Prairie House design and the Larking Administration Building were two of his greatest creations during this period. Wright was Just setting himself up with a good starting out career when Hustle delivers arguably the most controversial and disliked decision that Wright ever made: with children disturbing his concentration and the stresses of marriage and bills weighed together, Wright went through a mental breakdown and â€Å"in the fall of 1909, he left, abruptly cutting all ties. He abandoned a wife and six children and closed his practice, leaving debts and unfinished projects behind† (Hustle 106). Hustle describes how the newspapers and tabloids had a field day with reproving Wright’s deplorable actions. He embarked on a two year Journey to Europe with his mistress Amah Cheney. While she worked as a translator in Germany, Wright worked in Florence with his son Lloyd and draftsman Taylor Woolly observing the Italian and Germanic architecture. Upon moving back to the United States, his mother Anna purchased the land in Wisconsin that would soon be the birthplace of his completely tailored and architecturally unique home, Totalities. â€Å"Wright would survive tragedy and disasters there, the murder of a lover and her children, desperate financial crises, and three destructive fires, rebuilding each time† (Hustle 34) from the ashes f the previous. Shortly after the first Totalities was built, Amah and her children from her previous marriage were brutally murdered and Totalities was burnt to the ground. Accounts given by survivors of the disaster, gardeners and other Totalities workman, explained that the cook had some dispute with Amah and went ballistic. It took Wright several years, a new and blessedly time-consuming project, a new female companion, and Totalities II to bring him back out from a depressed slump. Wright gained instant international success upon the completion of the Imperial Hotel in Tokyo, Japan. In 1923, the hotel was completed and was one of the only structures that survived the great Kant Earthquake that struck Japan that same year. How to cite Frank Lloyd Wright, Papers

English Language and Linguistics Policies

Question: Discuss about the English Language and Linguistics Policies. Answer: Introduction: The article mainly discusses the situation of language and education policies in the country within the periods of the British colonial times. It also captures the changes in the post-colonial era under the regime of KANU through an established ministry of Education. The articles give instances when the Ministry could occasionally change the education policies in line with the recommended provisions that were fronted by the then commissions of education. The article also gives insight into the hegemonic edge over which Kiswahili as a language enjoyed widespread popularity but failed to gain popularity regarding spoken language in the rural areas of Kenya. The failure of English and Kiswahili to take shape in the entire country is attributed to the fact that mother tongue has made a tall order of the country (Iraki, 2003). The article also pits the country as multicultural diversity, a fact that has significantly been reflected in the linguistic variety of the country. In fact, the article captures the ethnic tribes to be about 42 in number or even more with each having its own unique dialect. Kiswahili is the national language in Kenya while English is regarded as the official language of the country (Benedikter, 2011). The article also captures the historical perspectives of the development of languages in the country, pointing to their contributions to the achievements and milestones the education sector has achieved in the course of the time (Ogechi, 2003). This according to the article, points to the policies being the brainchild of the former colonial masters as they sought to scramble for and partition the African continent in the 19th century. More interestingly, the article holds that at the time, the primary intent of the colonialists was that the English language is used for administrative and political purposes (Ireri-Mbaabu, 1996). In contrast, Kenyans took the holistic approach and embraced the language for their own consumption as this was seen as the only guaranteed ticket to landing the white collar jobs. According to the article, the English language also received a boost when the colonial government sought to promote the use of the same. Besides, the language got support from among the elitist groups in the state who would take charge of the management of the country in 1963 (Albaugh, 2005). About language planning and literacy in Kenya, the article demonstrates that contrary to the popular opinion that gives reasons to the independence for and not against the indigenous languages in so far as languages for communication and those for instructions in the public discourse. The article also captures the ills that the colonial policies had on the present day happenings in the country about the English language (Benedikter, 2011). On matters sociolinguistic state of the country, the article captures the diversity of culture in the Kenyan society as being multicultural. The article gives an insight into different studies that have varying conclusions into their findings of the number of languages in the country. Some scholars are also captured with the view that English has now become part of the many languages spoken in Kenya (Okombo, 2010). The article goes further to profile the dominant languages in Kenya with Kikuyu, Luo and Luhya languages topping the profile. The article also shed some light into these dominant languages and grades each based on the demographics. The article also points to the Kikuyu language being found to be common in areas where businesses are carried out since most businesses are carried out by the members of the Agikuyu community. The Luo community is captured to be the third most populous community in Kenya and as such reflected in the statistics (Nabea, 2009). There is a unique feature that presents itself in the article as the Luhya language is seen as a mix of several different languages based on different sub-groups and are thus only interrelated but not a unit or common language. There is a particular group of people captured by the article with a special and unique language that is only identical and unique to them. These are the youths who invented sheng. The article also sheds some light into the genesis of Sheng and mainly holds that the youth needed to come up with a language that would ensure that the old are completely locked out of their world (Albaugh, 2005). On policies, the article captures the country Kenya as having promulgated a new constitution which provides for various language and culture policies about the vision 2030 projections. According to the article, the second chapter in the constitution of Kenya lays emphasis on the sovereignty of the constitution of the country and states that; the official languages of the country include Kiswahili and English, and that the national language being Kiswahili (Surhone, Tennoe and Henssonow, 2010). With regard to the role of state in ensuring the same, the article depicts the constitution to state that the state shall at all costs, ensure that it promotes and also protects the diverse culture of the Kenyan people, and promote the use of and development of the native languages as well as Braille and all other forms of communication technologies and formats that are accessible to the people with disabilities. The issues or the questions that the article fails to capture is the relevance of the education system in so far as its vision 2030 is concerned. The matter that is worth attention is the rationale of the study that puts the Luhya, Kikuyu, and Dholuo as the only dominant languages. As per the population statistics, the Kalenjins are known to be a largest populous community in Kenya according to its latest census. Which language does the Kalenjin speak and does the same distribution as that of the luhyas reflect on the Kalenjin community? As a matter of conclusion, the article holds that the new constitution came in handy to address the various language concerns in the country through accepting the three language model that was recommended by the UNESCO and the UNDP in a bid to forge unity and cohesion which is tipped to see the country go through various stages to its realization of the vision 2030 projections. References Albaugh, E (2005). Language Policies in African Education. In: The Colonial Image Reversed: Advocates of Multilingual Education in Africa. PhD Dissertation; Duke University. Attorney General, Committee of Experts on Constitutional Review (2010). The proposed constitution of Kenya: 6th May 2010. Nairobi: Government Printer. Benedikter, T (2011). Language policy and linguistic minorities in India: An appraisal on the linguistic rights of minorities in India. Munster: LIT Verlag. Beukes, A. (2004). The first ten years of democracy: Language Policy in South Africa. Johannesburg: RAU University. Iraki, F. K. (2003). Language and cognition: Alienating Democracy in Kenya. The East African Journal of human Right and Democracy 18 (1): 59-71. Ireri-Mbaabu. (1996). Language Policy in East Africa. Nairobi: General Printers. Muaka, L (2009). The dynamics of language use among rural and urban Kenyan youth. Cambridge: Proquest Publishing. Nabea, W (2009). Language Policy in Kenya: Negotiation with Hegemony. In: The Journal of Pan African Studies, Vol. 3, No. 1. Okombo, O (2010). Kenyas proposed devolution of governance structures: Its implication for Language Policy and Nationhood. Keynote address presented at the International Conference on Multilingualism in Kenyatta University, Nairobi on 22-23 July 2010. Ogechi, N (2003). On Language Rights in Kenya. In: Nordic Journal of African Studies Vol. 12, No. 3. Surhone, Tennoe and Henssonow (2010). Kenyan Sign Language. Saarbrucken: VDM Verlag.