In FBN’s case, their long-term debt ratios alone are 55.7% and 81.5% in years 12 and 13, respectively (and they’ve incurred interest rate increases); and ROCE in the same two years is 15.6% and 6.4%. Just observing these ratios, managers should have been able to see that the increase in borrowing (faster than sales profits) would greatly decrease the shareholders’ earnings. The Risk Analysis also shows that FBN’s current and quick ratios declined, meaning that they do not have enough resources to pay their debts over the next 12 months.
The musicians and companies who attempt copyright infringement in this essay are well known in the public eye. Paper Section The music industry has evolved over the years largely due to the advancement of the advancement of technology. The advancement in the music industry due to technology also came with negative consequences such as copyright infringement and theft of intellectual property. With these crimes now being committed, laws had to be passed to protect musicians and their music. Musicians copyrighted their music with the understanding that their work would not be reproduced, distributed, performed, publicly displayed, or made into a derivative work without their permission (U.S.
An integral part in performing a horizontal analysis is the ability to see the variation from one period to the next which are called trends (Horizontal analysis, n.d.). . Within the income statement, net sales increased by 33.3%, $150k, from Year 6 to Year 7. Then, a drastic decrease of 15% which is roughly $900k, took place from Year 7 to Year 8. The 33% increase showed the strength of the company, but the huge drop in sales demonstrated how Competition Bikes, Inc. (CB) struggled to attain a surge in its revenue which is the result of the 15% decline in sales caused by economic situations.
Determine why you believe the product or service is declining in popularity. Be sure to include information on social, demographic, and ethnic markets; economic and technological factors; political and legal factors; and competitive factors. Compact discs are being increasingly replaced by other (and sometimes more compact) forms of storage device. The CD is used largely for music; and as the music industry has its own challenges and feats in a recovering economy, it seems that businesses such as iTunes and other companies that focus on providing music sales and storage without the CD are taking over. CD sales are dropping steadily and even music artists have recognized and instated other forms of making revenue off of their music.
Factor number two is the company offering free shipping to orders over $100. Not only did this cause the company to lose the income that it brings in for shipping and add shipping costs to it’s expenses, it also added to marketing by $13,000 plus an additional $32,000 for magazine marketing when ‘Marketing and administration’ it was only budgeted at $90,000. The shift in the economy during this time frame affected the budgeted ‘labor’ expense due to the increase in pay for it’s hourly employees. All of these factors combined worked against the company to cause a negative in operating profit. Although AGM fell short in meeting it’s master budget for this quarter, these unexpected occurrences can help them to better budget for the future of agm.com.
Organized Crime’s Power in 1920’s While the 18th amendment was passed in order to reduce the rate of crime that was influenced by alcohol, it ironically helped to form a new industry of bootlegging and organized crime. Because much of the country desired the alcohol that had recently been outlawed, bootleggers seized the opportunity to establish an underground business that manufactured and distributed alcohol. This caused them to prosper and ultimately help shape the life of organized crime for future generations. While bootlegging was one of the major sources of profit for organized crime during the 1920’s, there were other criminal activities that the mob was involved in to make incredible annual incomes, including prostitution, gambling, loan sharking, extortion and racketeering. The mobsters of the 1920’s benefitted from these illegal activities and were able to make their own fortunes.
There are also many sites that exploit children outing our innocent children in harmful situations. Pornography is very addictive and the internet makes it that much easier for an addict to feed their need; it also contributes to the shaping of attitudes, beliefs, and the values of individuals. Because of the negative effects that internet pornography has on people I believe that the government should regulate the internet and make it more difficult for people to access and to put a stop to the horrific crimes being committed against children. One of the biggest arguments there is for not regulating the internet is the amount of money that is earned through distribution of pornographic material via the internet. According to now public.com the internet’s economic engine is pornography; it is an industry that has larger revenue than “the top technology companies combined: Microsoft, Google, Amazon, eBay, Yahoo!, Apple, Netflix and EarthLink.
Excessive pornographic material does have a psychological effect on the brain because of the dopamine rush it gives. Basically it desensitizes the viewer of common things that would sensually stimulate him/her such as being touched or caressed by their partner (Rokks 1). A world-wide phenomena, pornography is everywhere from music videos, the big screen, movies in DVD and Blu-ray format, it’s on a poster you walk by in a store or picture you see in a magazine. The most common and most thought after is what we view on our computer screens, on our television, and our cell phones. Over the past few decades porn has become mainstream and easily accessible for people.
Pornography Is Harmful To Women and Children Let it be known that the purpose of this paper is to argue that pornography is harmful to society, but more specifically women and children. Unlike any other media representation of sex and sexuality, pornography within our postmodern society has become a cultural category of significance. The typical seediness has somewhat become lost but replaced by a society that mainly focuses sexual imagery in almost everything everyone sees. High contents of sexual imagery is used in the advertising and music industries as well as a number of late night television shows. This sudden shift in people’s attitudes towards the use of certain sexual and erotic images in today’s society raises a number of questions that need to be answered in order to better understand the harms it does to society.
1) Net sales for Massey-Ferguson actually increased between 1979 and 1980. Despite this, net income and income from continuing operations both dropped sharply in 1980. Which item on the income statement was most responsible for this drop in income? Net income dropped significantly from U.S. $37 millions in 1979 to -U.S.$225.2 millions in 1980 attributed to the two factors. The most crucial factor was the rise in cost of goods sold.