Dollar General Financial Analysis Essay - 639 Words

This analysis contains references to years 2010 and 2009 for Dollar General Corporation, which represent fiscal years ended January 28, 2011 and January 29, 2010 respectively. The main issues which the company is concerned about are its ability to increase sales and profitability and reduce costs in the current economic situation; another issue is an ability to repay an extensive amount of long-term debt which increases its risks. Analysis of profitability The rate of return on assets for Dollar General for 2010 was 6.8% thus for each dollar the company used it earned $0.068. For 2009 ROA was 3.8%, so ROA increased between 2009 and 2010 fiscal years. Profit Margin for ROA is 4.8% for 2010 and for 2009 is 2.9%. We can see an increase†¦show more content†¦It decreased by 20 percent over a year which means that the company successfully paid a part of its long-term loans. Cash flow from operations to total liabilities ratio for 2010 is 15.1% and for 2009 is 11.7%. Financially healthy company has cash flow from operations to total liabilities ratio of 20% or more. Dollar General has a high long-term liquidity risk. Interest coverage Ratio for 2010 is 3.6 and for 2009 is 1.6. A high fluctuation makes the company risky, although it exceeded a 3.0 benchmark in 2010 it should show this stability over time. In conclusion, financial statements of Dollar General present the increase in company’s profitability and sales over the last two years, they reduced their expenses as well. The only information that the statements do not disclose is which brands of merchandise increased their sales, and what was the cost of goods sold compared to the profit they made. Since the company was concerned about promotion of their private brand it would be helpful to know what percent of sales does their private brand make comparison to other brands. Nevertheless, the long-term liquidity risk does not look as safe. The company will have to show the stability in its ratios overtime to insure investors that it has low risk and is able to repay its debt in a long run as well as maintain stableShow MoreRelatedFinancial Statements And Cash Flows For Each Company1316 Words   |  6 PagesExploring the Financial Statements The balance sheet, income statement, and statement of cash flows for each company is presented in the Appendix. Dollar Tree’s financial statements are presented in Attachments 2-4 (pages XXX-XXX). Dollar General’s financial statements are presented in Attachments 5-7 (pages XXX-XXX). All calculations described in this current section can be found in Attachment 8 (page XXX). Both Dollar Tree and Dollar General use U.S. Generally Accepted Accounting PrinciplesRead MoreBank of China: Chinese Central Bank861 Words   |  4 Pagesconsecutively as Chinese central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing Chinas financial services sector, the Bank rose to a leading position in the Chinese financial industry and developed a good standing in the international financial community. In 1994, the Bank was transformed into a wholly state-owned commercial bank. In August 2004, Bank of China Limited was incorporated. The Bank was listed on the HongRead MoreMethod Analysis Essay942 Words   |  4 Pagesto 3 page paper, evaluate the three methods of analysis: horizontal, vertical, and ratio as explained in Chapter 9 of your textbook. Summarize each method, and discuss how the financial information is used to make a particular decision. Provide a scenario in a health care situation in which a given method of analysis might be used. Horizontal: Horizontal analysis, also called trend analysis, refers to studying the behavior of indi- vidual financial statement items over several accounting periodsRead MoreGeneral Motors : Gm North America928 Words   |  4 Pages â€Æ' 2.0 General Motors William Crapo Durant established largest automobile manufacturer in the world, General Motors, in 1908 to produce Buick automobiles. In the first year of the company, GM had satisfying sales rates and in the advancing years the company merged with other companies, such as Cadillac, Pontiac, Oldsmobile and AC Sparks Plugs. Amalgamation with other companies increased its sales and GM continued to merge with Chevrolet, Vauxhall Motors of Great Britain, Hummer, Isuzu, GMC, HoldenRead MoreGeneral Mills Inc. Understanding Financial Statements Essay1733 Words   |  7 PagesIntroduction The case study General Mills Inc. - Understanding Financial Statements focuses on the most basic idea of finance analysis. This case is a brief look into the language that is used in the finance world and a start to interaction with auditors. In this case, KPMG LLP, the public accounting firm that was auditing their statements, had sent two opinion letters. The first letter was ensuring that both parties were aware that General Mills had internal control over financial reporting. The secondRead MoreIntroduction Of The Foreign Exchange Market Essay1325 Words   |  6 PagesIntroduction to the Foreign Exchange Market As the leading financial market in the world, the Foreign Exchange Market consists of several types of financial institutions, such as, investors, such as, central banks, brokers, and investment firms. The Foreign Exchange Market does not have an actual physical location; it is a worldwide system of computers. Currency traders are linked together from all over the world by these computers. Once currency traders enter the network, the computers allow themRead MoreCost Volume Profit Analysis Of Decision Making Essay1558 Words   |  7 PagesThis paper explores Cost-Volume-Profit Analysis in decision making, utilizing six papers of research. Each of these articles deal with some aspect of Cost-Volume-Profit and its use or impact on decision making for financial managers. The paper focuses on the details, methods, and uses of Cost-Volume-Profit Analysis as it can be used by organizations and add benefit to the organization. â€Æ' Cost-Volume-Profit Analysis In Decision Making When studying finance in college almost all classes willRead MoreEssay on Ace Manufacturing1261 Words   |  6 Pagesfrustrations at times. Fortunately, these cases are the only â€Å"strictly financial† case studies †¦ the only ones where number crunching is an end unto itself. However, basic financial analysis will always be an important part of our toolkit for making pricing decisions. The document which follows contains the â€Å"answers† to these two case study assignments: Ace Manufacturing and Healthy Spring Water. Despite the financial emphasis, they are similar to the previous cases insofar as theyre intentionallyRead MoreFinancial Analysis of John Deere1080 Words   |  5 PagesAssignment 1: Financial Analysis of John Deere David Schwendinger Strayer University Financial Accounting for Managers Acc 556 Dr. James Turkvant May 11, 2015 Assignment 1: Financial Analysis of John Deere In this paper I will provide analysis of the annual report provided by the company. I will specifically looking at this report from an investor’s prospective, attempting to ascertain whether John Deere is managing its finances in manner that will draw investors. Other, non-financial, aspectsRead MoreGoogle : Financial Analysis On The Health Of A Business1723 Words   |  7 PagesGoogle: Financial Analysis Financial statements provide a picture of the health of a business is and how prepared they are to face the challenges ahead. Publically traded companies are required to post financial statements and a detailed 10-K report on the SEC website. This is a tool that creditors, analysts, and investors use in assessing the health and future of a company. This information is also used by management and decision makers to spot potential problems and move in a more positive direction

The Unorthodox Culture Of Chinese Immigrants - 1439 Words

In the 1800’s Polygamy was a matter of other cultures and was not part of the United States. When Asian descent people started to arrive at the United States, citizens were concerned that their influence would start to shock the nation and animosity towards these people started to grow. The unorthodox culture of Chinese immigrants to allow practices of polygamy and prostitution was an important factor in federalization of immigrate law and laws subduing polygamy (Abrams, 2015). During this time the civil war started to rage in the middle of the century over the slave debate. Prostitution and polygamy were then critiqued during this time as a â€Å"slave-like† mentality (Abrams, 2015). The 14th amendment gave all persons born in the United†¦show more content†¦The reason why women were so discriminated against was the threat of reproduction. Women who were subjected the most to discrimination were the ones without children or husbands since they were understood as possible prostitutes. It didn’t just start with the Page Law however when it came to discrimination based on culture/race. There are accounts of anti-Chinese clubs being formed by miners in the 1850’s and 1860’s (Abrams, 2015.). The Burlingame Treaty was a treaty to attempt to bring additional workers in from the Asian region. The Treaty was made in 1868 to provide immigrants a pseudo citizenship in matters of trade, curiosity and allegiance (Abrams, 2015). The problems were that after a mass number of immigrants came to the United States the stock market crashed, and miners started to lose money (Abrams, 2015). Labors then started to link the economic depression to the mass amount of immigration from China (Abrams, 2015). While the link may be arbitrary, there were still concerns since immigrants took work for small amounts of pay and Coolie Labor made low wages possible (Berkwitz, 2007). Coolies were indentured servants under contracts for various tasks. This made animosity towards Chinese even worse as wages and economic depressions slowly ate away and the pockets of

Platos Concept of the Body and Soul Distinction Essay

Platos Concept of the Body and Soul Distinction A:Plato believed that humans could be broken down into 3 parts: the body, the mind and the soul. The body is the physical part of the body that is only concerned with the material world, and through which we are able to experience the world we live in. it wants to experience self-gratification. It is mortal, and when it dies, it is truly dead. The mind is directed towards the heavenly realm of Ideas, and is immortal. It is with our minds that we are able to understand the eternal world of the Forms. When it dies it returns to the realm of Ideas. The soul is the driving force of the body, that it is what gives us our identity. Plato likens†¦show more content†¦The body and the inclinations are mortal but transmigrate into animals, but the intellect is immortal. He believes that the intellect represents the most divine part of the soul, and so after death it leaves the inferior physical body to join the world of Ideas. B: Platos dualism was a combination of the key ideas from both Materialism and Idealism. His theory that we had both a physical body, and a soul/mind and that the soul/mind is a thinking being, complete in itself, and capable of living without the body. A strength of Platos Dualism is that it says there is more to living than just what we are always aware of, as just because the physical world seems hard, there are other ways of living. Another strength is that he doesnt deny the existence of the physical world as an idealist might, but just says that the physical world isnt as importance, that we should be seeking to understand the world of Forms. Neither does he deny the spiritual world, and says that its important, so if we can understand the world of Ideas then we can understand Good. Aristotle, Platos pupil, was one of the sources of his greatest opposition. He argues that Platos definition of the soul is wrong, that it isnt immortal, but rather it is just the life force of the body. Ergo, when the body dies, so does the soul. One of Platos claims is that the body doesntShow MoreRelatedDistinctions and Comparisons between Aristotle and Plato Essay1681 Words   |  7 Pageson certain factors of their philosophy. Many have scrutinized and compared the dissimilarities and similarities of Aristotles doctrine of categories and Platos theory of forms. The observations found are of an interesting nature. The beauty behind the writings of Plato is to not accept what is interpreted through the senses. In Platos theory of forms, Plato explained the immaterial world as the realm containing the perfect form of objects and ideas that are presented on Earth. For instanceRead MorePlatos Belief that the Human Soul is Immortal1297 Words   |  6 Pageswas born out of Plato’s triad. 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For example, in the winter time one feelsRead MoreConceptions of the Soul Essay1161 Words   |  5 Pagesfundamentally different conceptions of the soul. Through an analysis of their frameworks and genre, and whether their methods are plausible, it can be concluded that Aristotles formulation of the soul is more compelling than that of Plato. According to Plato, the body and the soul are separate entities. The soul is capable of existing before life of the body and after death of the body and it is constant, unchanging and non-physical (invisible). The soul resembles what is divine, immortal, andRead MoreThe Influence of Platos Theories on Chrisianity1169 Words   |  5 Pagesof the founding fathers of Western philosophy. Living from roughly 428 BCE until 348 BCE, Plato’s theories predated Christianity by at least four centuries. Because of this, it can be assumed that early Christian worshippers used Plato’s teachings as a basis for their religion. It is evident that there is a surprising amount of similarities between Plato’s philosophy and early Christianity. By utilizing Plato’s theories and philosophy, early Christians were able to bridge the gap between paganism andRead MoreEssay about Aristotle vs Plato1665 Words   |  7 Pagesinfluential philosophers in history. As a student of Pl ato, he built on his mentor’s metaphysical teachings of things like The Theory of Forms and his views on the soul. However, he also challenged them, introducing his own metaphysical ideas such as act and potency, hylemorphism, and the four causes. He used these ideas to explain his account of the soul and the immateriality of intellect. Prior to Aristotle, philosophers like Parmenides and Heraclitus argued about the existence of change. Aristotle usedRead MorePlato And St. Augustine1090 Words   |  5 Pagesworld of forms, ideas or concepts. Plato argued that conduct comes from a reference to this world of forms. By this argument, there is an eternal idea or form of each moral principle, such as justice, piety or truth. This essay will discuss the ethics of Plato, Socrates and St. Augustine According to Plato, evil is simply the result of ignorance. He believed that all people are attempting to do what they understand as good. He believes there are three parts of the soul. There is a rational and moralRead MorePlato and Aristotle: a Comparison Essay1641 Words   |  7 Pagespolitical philosophy. He fashioned a distinctive view of human nature, a view that has had a crucial formative influence on all subsequent theories of human nature. Plato pointed out the distinction between a perfect ideal and its imperfect replicas, and gave the name forms to these particular ideals. Platos philosophy was centered on his famous Theory of Forms, or Theory of Ideas. The theory is based on the observation that there must be some universal quality that all things classed under aRead MoreWhy I Am A Platonist2304 Words   |  10 Pagesnon-temporal) exist (Piyong 206). Almost universally, the distinction between these two understandings lies in the capitalization of the letter  "p† (that is, the distinction between Platonism and platonism). When the letter P is capitalized, the former denotation is in use, and when a lower case p is used, the latter denotation is in use. For the sake of congruency between my paper and widely accepted philosophical norms, I will be adapting these distinctions in my paper. Having settled this discrepancy,Read MoreSumma Theologica : The View On The Acquisition Of Knowledge917 Words   |  4 Pagesslate, or lack of knowledge, and obtains knowledge through phantasms, or sensible images, due to the unity of the body and soul. This opinion is generally unlike the views of other traditional philosophers who claim that knowledge is inherent, and Aquinas makes multiple valid arguments against the traditional view. Plato’s epistemological view is that one is born with innate concepts and ideas before they acquire additional knowledge. He argues that when asked a question, an ignorant person will

Sugary Smiles free essay sample

It is a four-layered cake garnished with vines of forest green climbing their way up and around orange, pink, red and purple Gerber daisies. The delicious butter cream frosting hides a delicate cake of perfect whiteness surrounded by strawberry filling. It’s a cake I have been planning in my head, a cake that I dream to make one day in my very own bakery since I was fifteen years old and I first dreamed of becoming a cake decorator and pastry chef. Owning my own bakery is a job I wish to pursue someday to bring smiles to everybody who sees and tastes my creations. The start of my culinary journey began with taking a cake decorating class at Michael’s, a craft store. When walking into the classroom I was anxious to get started. Sitting in my chair and waiting for the instructor, two thoughts ran across my mind: would I actually be good at decorating a cake or would I fail dramatically? Before I knew it, the class was almost over and my table was covered in frosting, decorating bags and messy containers. We will write a custom essay sample on Sugary Smiles or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It was officially a mess! But one thing was beautiful: a white round cake with yellow shells for the border sitting in front of me. In the middle were the words Welcome Home in purple icing. That cake was my first decorated cake. I made it for my two sisters’ homecoming from college. I felt so proud and happy especially when I saw my sisters’ smiles when they ate it. That moment right there encouraged me to keep going and create more beautiful cakes. That moment right there made me realize that nothing is better than making someone smile. I love the feeling of amazement I get when I decorate an elegant cake or bake something sweet and scrumptious of my own. It’s the same feeling I get when I give a friend or even a complete stranger something that makes them smile. To me baking is about having fun and sharing my dream with others. One of my favorite shows, â€Å"Ace of Cakes†, turns an everyday object like a keyboard or board game into a cake that looks just like it. Being a cake decorator and pastry chef would allow me to have that kind of fun and explore my own creativity. I believe that I can fulfill this dream, and I also know that God, my family and my friends will be there along the way supporting me. My dream cake, the cake I dream to make in my own bakery will someday become a reality.