The difference in Net income between 2011 and 2013 was $2.18B. The trend for Cash Flow from Operating Activities is as follows 2013 25.86B, 2012 17.17B, and 2011 67.73B. There was a huge dip from 2011 to 2013 the 41.87B to me that’s a ton of money to make back up. I would give Citi group a C. Due to the fact that they have less money to pay out there debts. 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.
Basic flexible budgeting Centron, Inc., has the following budgeted production costs: |Direct materials |$0.40 per unit | |Direct labor |1.80 per unit | |Variable factory overhead |2.20 per unit | |Fixed factory overhead | |Supervision |$24,000 | |Maintenance |18,000 | |Other |12,000 | The company normally manufactures between 20,000 and 25,000 units each quarter. Should output exceed 25,000 units, maintenance and other fixed costs are expected to increase by $6,000 and $4,500,
The Engineering & Construction unit accounts for over 70% of the company’s total revenues and is the industry that the company is most well known for. Within this industry, 44% of SNC-Lavalin’s 2013 revenues were generated from Infrastructure & Environment (24%) and Power (20%). The company has incentive to expand its footprint in these particular market segments since other markets such as Oil & Gas and Mining & Metallurgy are highly saturated and mature (REF). Furthermore, governments are focusing their efforts on environmental initiatives (Huffington Post, 2012); SNC-Lavalin can therefore take a first mover advantage in this area. By focusing on projects that cater to the Environment and Clean Power markets, SNC-Lavalin can not only attain large-scale growth and attract government support, but it can also strengthen its new image as an ethically compliant and socially responsible firm.
Supplying a sustainable source of energy for today’s population is already a challenge, however in the future the world’s population is set to hit a peak of 7.8 billion. From the graph you can see that, in the past, the supply of energy has always followed the pattern of increasing population. This was because the world still had large reserves of untapped fossil fuels, allowing for an increase in production. However as these reserves begin to diminish the supply of energy may fall behind the increase in population unless an alternative form of energy is found, capable of filling the large energy gap left behind from fossil fuels. This coupled with an increase in living for the majority of the world, especially RICs such as India where its oil consumption had increased by 40 million tonnes over a 6 year period, makes supplying the world’s energy demands a very difficult task.
For instance, investment in the domestic renewable energy industry and the weatherizing of 75 percent of federal buildings along with more than one million private homes around the country is planned. Among the many projects that the Recovery Act will fund include construction and repair of roads and bridges as well as scientific research and the expansion of broadband and wireless service. With many of Recovery Act projects focused more immediately on jumpstarting the economy others, especially those involving infrastructure improvements, are expected to contribute to economic growth for many
Since then, many companies have progressively integrated policies that promote sustainability into their business strategies “partly in response to federal legislation and partly due to stakeholder concerns” (Ferrell, 2011, p. A-8). Businesses have discovered that being environmentally-friendly can reduce costs, differentiate their products from others, and increase revenue. This article also examines some of the ways businesses are marketing their commitment to being green. Questions 1) I think every issue relating to sustainability is important. However, I feel that the issue of water pollution is the most important.
Hemp: Good for America In the United States legalizing the industrialization of hemp would have many positive effects on today’s economy. The many uses of hemp make it an important plant for any first world country to grow as an industrial crop. The hemp plant is a renewable resource that is good for the environment as well as enriches the soil it grows in. There are more than 25,000 product hemp can be used to make. For thousands of years humans have used different parts of the hemp plant for food, textiles, paper, fabric, rope and fuel oils.
Government, as one of the most powerful administrations in the world, does have a significant amount of power that could be utilized in order to conserve these resources and benefit the economy, the country, and to an extent- the world. Robert Samuelson writes simply that if the government introduced anti-global warming laws, “fossil fuel prices [would] rise” and “consumers [would] quickly use less, and new supplies of ‘clean energy’ [would] magically materialize” (Source D). The amount of money it would take to “solve climate change, invest in a clean future, and save billions in imported oil”, would end up being around a dime per capita, per day. This low cost should be extremely appealing to the government, for “few things are more appealing in politics than something for nothing” (Source D). The government has already done a good job encouraging people to be more “green”, but the power they possess could improve the situation exponentially.
Increasing the pay of minimum wage employees will help restore consumer spending and in turn, power the economy. Local businesses need this
There are several parallels that lead us to believe that history may be repeating itself. Today’s U.S. economy is producing 2.2% more goods output then before the economic recession started in the late 2000’s, but with 3.8% fewer workers. This can be attributed to our modern day recession stimulating huge productivity and efficiency gains as business let mediocre employees go to save on labor costs. They have learned to do more with less. Unemployment rates were steadily on the rise just a few months ago and corporate profits are at all time highs.