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. The rise of cost of goods sold (COGS) by almost 32% contributed to the rise in net sales for Years 6 and 7. During Year 7 and 8, CB had an almost 15% drop in COGS which resulted in a bad year for the company. However, COGS remained less than the company’s net sales which is always a financial plus. Overall, a rise in revenue and reduction in cost adds to CB’s profitability in Years 6 and 7.
How important was the decline of Britain’s staple industries in explaining the industrial unrest of the period between 1918-1929? The quick decline of the staple industries had a huge effect among Britain, it accounted for almost half of Britain’s total out put, a quarter of employment and three quarters of exports before 1914. Through out 1920’s unemployment remained at about 10- 20%of an insure workforce where as Britain’s share of the world export trade fell from 18-11% and a drop in value also in overseas investments, which of course left Britain struggling to pay for imports. London was no longer the undisputed financial capital of the world and as the US replaced Britain as the world money lender, the US dollar displaced the pound as the world’s major currency. However there were a few positive developments along side the bad, for example in the 1920’s new industries were introduced of the second industrial revelation, electrical goods, chemicals and motor car production through the mid 20’s was higher by three times than its year of 1914, these where among the products and services that Britain Introduced in an effort to revitalise and flourish Britain’s industries.
This is one of the many examples inflation. Although the workers are now making more money per hour it would seem as if they are not making as much money because they are spending more money on the goods that they need. This would put them back where they started or even further back. They would be making more money but also spending more money too. Inflation is the rise
Also the ageing population is high because when they were born the country was in a stage with a high birth rate so there is a high greying population. Most MEDCs are experiencing slow rates of population growth and some are experiencing population decline. MEDCs are in stage 4 of the demographic transition model, the population is high, but not growing. Some countries have a declining population and could be said to be entering stage 5. This means that the birth rate in their country has fallen below the death rate.
In 2004, there were approximately 4 working age individuals (aged 20-64) for every 1 person aged 65 and over. By 2056 this ratio is predicted to fall to about 2.1 meaning our dependence on the workers will increase hugely and sadly this means taxation will have to go up. But the UK is not alone in its concerns over pension provision; others include China whose elderly population could double between 2000 and 2027. Most of the developed world is having to consider how best to support older individuals in the presence of an ageing population: Increasing life-expectancy which means that people are spending more and more years in retirement and lower birth rates. In 1900, on average a 65 year-old man in the UK could expect to live for another 10 years (11 years for a
The UK’s ageing population is beginning to cause problems in the economy, for example a larger percentage of elderly people are now living in poverty. This is because the working population is now not big enough to pay for a decent pension for the elderly, and many people don’t have any other savings. The government is struggling to pay the state pension, even though it’s low. This is due to the taxes paid by people who are working are not enough to cover the cost of pensions, making the situation worse as the population continues to age. Older people need more medical care than young people, causing the health system to be put under great pressure.
Help low class workers find better jobs with better employers. Help low class workers find better jobs with better employers. Raising minimum wage Raising minimum wage With more family income, some people would choose to retire, go back to school, or have children, making it easier for others who need jobs to find them. Working families would have more time for community life, including politics; Americans would start to reclaim the middle-class political organization that they once had. Because payroll- and income-tax revenues would rise, the federal deficit would come down.
Bigger families were given larger sums of relief to try and cater for all the children. This more or less meant that there wasn't a reason to stop having children for some people as it allowed them to have a larger sum of disposable income. Also from this a lot of people got the same idea, meaning that between 1801-1818 the poor rate doubled, meaning that more people and families were counting on being provided for from the poor rate. However when the poor law that was passed in 1834 that involved not giving out relief without being in exceptional circumstances which in this case was going into a workhouse. In the old poor law going into a work house was for the able bodied poor and outdoor relief was for the incompetent poor, the amount of money being given out was tried to be minimised.
We can conclude that they use FIFO because the inventory amount increases through 06 in 65% and then decreases in 07 by -13%. The rise in prices in 2006 is the reason why the inventory is more expensive because the increase in purchases was not as big as the increase in inventory price. If they used LIFO the inventory in 2006 would not have
There were still a lot of long term effects that were causing ill feeling towards the Tsar before Bloody Sunday even took place. The peasants were still feeling disappointed in the Tsar after the devastating impact of the famine across Russia during 1891, in which the government had, if anything, exacerbated the situation by continuing to force peasants to export the food they had, and leave themselves to starve. Once more, Nicholas the second had let them down, when he was supposed to be their protector. This is when people first began seriously having their doubts about the Tsar and his total authority. One of the other key long term causes was the industrial recession that was taking place after the “great spurt” within Russia.