Financial Accounting Assignment Example | Topics and Well Written Essays - 1000 words

Financial Accounting - Assignment Example Although the companys liquidity position has improved from 2010 to 2012, the company should take further measures to improve its liquidity positions so that the short term obligations can be paid of whenever they are due. The profitability ratios are used to gauge the overall profitability of a company relative to its level of sales. The operating profit margin of the company registered an increase from 27.47% in 2010 to 31.98% in 2012. The operating profit increased on account of considerable decrease in the unusual expenses of the company. This shows that the overall operational efficiency of the company has not improved and the increase in operating margin is the result of a decrease in unusual expenses of the company. Profit margin of the company witnessed a considerable increase from 11.09% in 2010 to 18.22% in 2012. The increase in operating profits of the company translated into better net profit of the company. Return on assets and return on equity of the company also showed signs of improvement on the back of an increase in the companys overall net income. BEP ratio remained relatively stable in 2012 at 10.37% as compared to 10.49% in 2011. The debt management ratios helps in assessing the mix of companys debt relative to equity. Higher amount of debt on the balance sheet can be risky for the company as it has to make the fixed interest payments to the debt holders. InBevs total debt to total assets fell from 50.45% in 2010 to 48.25% in 2011 and increased slightly to 48.41% in 2012. The companys total debt increased in 2012, however subsequent increase in total assets led to a stable total debt to total assets ratio. The asset management ratios helps in determining the efficiency of the assets in generating a companys revenues. The inventory turnover ratio of the company has shown slight improvement from 2010 to 2012. A steady increase in companys revenues along with subsequent increase in total inventory has led to a stable inventory ratio. This

Overpopulation Research Paper Example | Topics and Well Written Essays - 1000 words

Overpopulation - Research Paper Example Over population reduces the ability of nature to feed its inhabitants because population expansion surpasses the capacity of land for food production; since more people require more food, water, housing, employment, education, medicine and even more fresh air (Zuckerman and David 82). Moreover, it propels people to unsustainable paths like quick extraction of resources from earth than they can maintain the existing supplies; thus, with this trend, people will deplete vegetation and affect species and animal societies in areas where these resources are mined; in addition, these exploitation is leading to lowering of the water table and the exhaustion of aquifers (Joseph). Increase of world population increases the utilisation of fossil fuels which results in global warming which melts glaciers and icecaps resulting in widespread water scarcity all over the world; similarly, global warming leads to shortage of food; therefore, over population results in scarcity of two basic elements n ecessary for human existence. Global warming in equatorial regions intensifies drought conditions, which expand desert regions in North Africa, American southwest and Middle East regions. The scorching effect has been felt in American Corn Belt and agricultural lands of Croatia, which forces agriculture to high latitudes thus decreasing yield in arid areas. Family planning has been a vital method of controlling global overpopulation since much has been achieved in the past decades. For example in Japan, the country managed to cut its birth rate by a quarter from 1951 to 1958; moreover, other countries like South Korea and Taiwan managed to lift themselves from poverty to first world standard following Japan’s example. Population growth brings about unemployment, overcrowding and environmental degradation; thus, much can be gained through stable and sustainable population (Paul 6). In addition, world desertification affects almost three quarters of land in North America and Af rica, the habitat of close to one billion people. However, the cause of desertification has been the pressure of human population leading to over-cultivation as well as over grazing of land; moreover, deforestation allows erosion of top soil. Moreover, population pressure causes the emission of two giga-tons of carbon in a year to the atmosphere because of deforestation of rainforests. Countries that have rainforests have initiated a large-scale reforestation programs in order to reverse forest loss; however, the ultimate success of the efforts require significant change in demand for slow-growth forest products and the end of financial incentives that encourage large scale deforestation. Depleting aquifers created in ace age in order to meet the water needs can result in dangerous ground subsidence like the 50 cities in north China Plain that experience destruction of surface infrastructure due to subsidence of depleted underground aquifers. Therefore, in order to alleviate water s hortage, an individual can recycle waste water as well; desalination of sea water has been in use in Australia and Middle East, there is no doubt present-day lifestyles will change and not necessarily for the worse. For instance, food should be produces locally to decrease transport costs and diet will mostly be vegetarian since it takes about 2000 to 16000 litres of water to produce a