That is what makes the company so compliant with the debt that they owe. “ Duke Energy is in compliance with all covenants related to its debt agreements.” (Duke Energy corp., 2010) This can be a very good thing, that way the company has time to pay off debt and not earn more then what they already have. Ratios are used so that companies are able to meet short-term debt. Current ratios and quick ratios are liquidity ratios that help signal complications. Current ratios show relative amount of working capital, while quick ratios show the amount of quick assets by current liabilities.
The Influence of China’s demand for Australia’s resources on our Economy Globalisation has been occurring rapidly in the recent decades throughout the world which has resulted in the free movement of people, the advancement in technology and an increase in global trade. This has allowed countries around the world to integrate and influence foreign economies more dramatically. Trading can even go back to the times of World War 2 to the times of 2000 when Australia’s globalisation was increasing trade with Asia like China. China is a small country who has a population over just over 1.3 Billion, there economic growth rate stands at 9.6% [1] and as a result they have a reasonably high inflation rate of 6.2%. [2] The influence of China’s
The unemployment rates for 16-19 year olds has stayed pretty steadily around 25 percent since the beginning of 2010 until the present and has never been below 24.5 percent. For the age group 20 years or over the unemployment rate averages around 8.5 to 9 percent unemployment. However, there is a higher unemployment rate for men than women throughout 2010 and into 2011 thus far. This shows that jobs where men are more likely to work were most likely hit harder during the recession than jobs that are predominately taken by women. However, the gap seems to be getting smaller as more time goes
Immigration Tariffs Make Good Economic Sense Emigrants moving to wealthier countries have historically been able to do so at very little or no cost. This has led to inefficiency in the allocation of resources. As Economist Gary Becker stated in his lecture to the Institute of Economic Affairs, there would be economic gains to be made by imposing an immigration tariff on immigrants who are granted work visas by the wealthy nations of the world. The economic concepts involved in Mr. Becker’s proposal include the basic principles of supply and demand, opportunity cost, and human capital. He proposes to create a market within the immigration systems of wealthier countries.
Although the British economy can be seen to have grown throughout the period to some extent in relative terms it was actually in decline. Even within the first 13 years of the period Britain's share in world trade fell 15% and the economies or Japan and Germany in particular began to outstrip the nation massively. Arguably Britain did have a chance to change this with the creation of the EEC in the 1950s but failure to embrace this initially meant that the European nations steamed ahead in their economic growth and Britain would never quite catch up. The weak nature of the economy can too be seen in the 1970s when it really was at its lowest seen in the humiliation of the 1976 IMF loan and the later Winter of Discontent. The latter decade could arguably show the greatest economic situation in that Blair experienced continuos growth but still looking at Britain today it never develop dot compete with the ever growing markets
Another way of saying that is that the Carphone Warehouse was able to generate sales of £1.56 for every £1 of assets it owned and used for the year ended 31 March 2001. For the year ended 25 March 2000, it was even higher at 2.57 times. The Total Asset turnover ratio has worsened a lot over the two years. If 2.57 times was good, then 1.56 times is definitely worse. Can we see why this ratio fell so sharply?
Part A: When we refer back to the 1970s, most people generally think of punk rock, lava lamps, and the hippie movement. However for the economy, it was a devastating economic decade of stagflation, a three day week and the return of unemployment. During this time period according to Dollar and Sense, “From the late 1940s to the early 1970s, the U.S. economy grew at an average annual rate of nearly 4%. The annual unemployment rate only exceeded 6% twice in the 25 years between 1949 and 1973. The annual inflation rate, too, only topped 6% twice, and was actually under 2% for 14 of the 25 years in this period.
Federal Reserve banks took over the power to issue bank notes, and were granted the poser to buy and sell government securities, loan money to member banks, and to clear checks between banks. The Fed also also requires that member banks hold cash in reserve at a specified rate, currently 10% of their deposits (pg 205). The Fed’s customers are member banks, much in the same manner that depository institutions service the general public. The Fed also exercises powers to influence the
About the yen. Interestingly enough, the yen also became a safe-haven currency during the crisis, along with the dollar. Obviously, the yen is the most important currency in Asia, because Japan has the second-highest foreign-exchange reserves in the region and the world, just after China, but it is a freely convertible currency with high market liquidity and is also an important trading currency. Also, with Japanese interest rates so low, many investors were borrowing in yen and investing their proceeds abroad to get access to higher returns. When the crisis hit, the money quickly left the emerging markets and returned to Japan, a practice called carry trade.
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.