ASX & Media Release Thursday 12 September 2013 Myer Full Year Results ending 27 July 2013 Full year total sales up 0.8 percent to $3,145 million Operating gross profit up 1.8 percent to $1,312 million Operating gross margin up 40 basis points to 41.7 percent Net profit after tax down 8.7 percent to $127 million Full year dividend of 18 cents, fully franked FY2013 Financial Highlights Sales Total sales up 0.8% to $3,145 million, up 0.4% on a comparable store sales basis Myer Exclusive Brands sales up $40 million to 20.0% of sales, Concessions up $18 million to 15.4% of sales Operating gross profit Operating gross profit up 1.8% to $1,312 million Operating gross profit margin up 40 basis points (bps) to 41.7% Earnings Cost of doing
Ford Motor Company The total amount of cash available for Ford to pay their current debts is 26.75 billion dollars in favor of assets. I derived this from Ford’s Assets $202.03 billion and subtracted their liabilities, which was $175.28 billion. I believe that Ford is in good shape due to the total assets the company has received. 202.03B – 175.28B - $26.75B Ford is increasing its investment in operations every year. In 2011 the cash flow from investing activities was 3.04B in 2011, 14.29B 2012, and in 2013 19.73B.
Factories became automated. Machines and other improved manufacturing techniques meant that huge amounts of goods could be made at a fraction of the cost. The age of mass production had arrived. In the decade of the 1920s economic output increased by a staggering 50%. Communications revolution – number of telephone doubled/ number of radios increased from 60,000 to 10 million.
By 1926, those earning an annual income of $1m paid less than a third of the tax they paid in 1921 → More money for the rich. 5. Contributed to a 50% increase in average disposable incomes between 1922 and 1929 6. National income soared from $480 per capita in 1900 to $681 in 2929 → affluence of the era. In addition to lower taxes, it called for spending cuts as a means to balance the budget and eliminate the public debt: 1.
income inequality. Sixty-one percent in this ABC News/Washington Post poll think the wealthgap is larger than it’s been historically. And despite longstanding public concerns about activist government, six in 10 also say the federal government should seek to reduce that differential. The public’s concern is buttressed by a recent Congressional Budget Office estimate that the wealthiest 1 percent of Americans have nearly tripled their incomes since 1979, while the bottom 80 percent of earners have seen their share of the nation’s total income slightly decline. This poll, produced for ABC by Langer Research Associates, finds that 37 percent perceive the wealth gap as “much larger” than it’s been; just 5 percent think it’s smaller.
Jeffrey Ho Bendshadler English 50 1 March 2009 False Sense of Prosperity Due to the booming economy of postwar America during the 1950s and early 1960s, most Americans were living the American dream. “By 1960, per capita income was over $1800, $500 more than it had been in 1945.” (Brinkley, 790). The sales of private homes and automobiles increased dramatically; suburbs expansion grew rapidly; the widespread of technological advances lead many Americans to believe that prosperity was widely distributed. However, most people failed to recognize that more than 20 percent of the nation’s population was living below the poverty line. The population that was living in poverty was virtually hopeless; it was practically
According to a 2008 report by the EPA, the US generated 250 million tons of trash, averaging 4.5 pounds per person per day. This is an increase from the 88 million tons, or 2.7 pounds per person that was recorded in 1960. However, over that same time period there was an even greater increase in the amount of that waste that was recycled. Moving from a meager 5.5% of waste recycled in 1960, the US has increased to over 33% of total waste recycled in 2008 (Municipal Solid Waste (MSW) in the United States: Facts and Figures, 2008). Discounting the amount of waste that is recycled still leaves a difference of more than double in the waste creation between the years, but the exponential growth in the recycling amount provides information into a changing attitude.
All told, however, consumption of HFCS in the United States increased by more than 1,000 percent between 1970 and 1990, and a study published in the April 2004 issue of the American Journal of Clinical Nutrition, concluded that Americans over the age of two consume more than 300 calories daily from caloric sweeteners, one-sixth of their average daily calories. HCFS may also promote weight gain because it behaves in the body more like fat than glucose, the blood sugar derived from other sweet foods. Some evidence suggests that fructose may disturb liver function, and unlike glucose, doesn't appear to trigger
While there are 5.3 white people for every person of color among Americans ages 70 and up, the gap is closing among the younger set, according to DiversityInc.com, which analyzed U.S. Census Bureau figures. That ratio is 2 to 1 for those under 40 and 1.5 to 1 for children under 10. In June, the Census Bureau announced that Hispanics have become the country's largest minority group, accounting for half the population growth in the two years after the 2000 census was taken. The U.S. Hispanic community has more than doubled since 1980. Frito-Lay, a unit of PepsiCo Inc., appears to recognize the Hispanic consumer's clout.
Russell Merlino Mrs. Moslow EN 110 Nov. 30, 2009 OVERWEIGHT IN AMERICA Between 1962 and the year 2000, the number of obese Americans grew from 13% to an alarming 31% of the population. 63% of Americans are overweight with a Body Mass Index (BMI) greater than 25.0. 31% are obese with a BMI in excess of 30.0. Childhood obesity in the United States has more than tripled in the past two decades. According to the U.S.