Friday, May 15, 2020
The Rewards of Writing Your Own Speech
<h1>The Rewards of Writing Your Own Speech</h1><p>Most of us have invested some energy while in school on composing discourses. Maybe you will even need to put them up on the dividers, not knowing whether you will ever be welcome to talk at any occasion ever again.</p><p></p><p>At some point, you understand that talking before enormous gatherings of individuals can be an extraordinary feeling of accomplishment. Nobody needs to be behind somebody who realizes how to talk. Sooner or later, you see yourself adhering to what is composed, so you can put on a decent show.</p><p></p><p>There is a sure expert body that is known as a creator and a considerable lot of them are extremely occupied. At any rate one consistently will compose a discourse for their yearly honors service. Their first discourse composing rivalry is likely the most significant occasion in all their years. The champ is really given a declaration and a spo t to mention to everybody what they've done to get there.</p><p></p><p>I might want to accept you are not a speech specialist or a speaker. What occurs in the event that you do win this opposition? Would you have a platform at an honor function in the event that you were a speaker?</p><p></p><p>Of course not, on the grounds that you are a speech specialist and a great deal of things precede that. Obviously, you would have your best understanding on the off chance that you were given the situation of speaker. The chances of winning are thin, however the respect would absolutely go far to help you on your street to money related opportunity and life.</p><p></p><p>As you're certain to acknowledge, not the various speakers in the discourse composing rivalry have a similar high-flying character as you. Regardless of whether you are the best speaker, it is your discourse composing that represents the deciding moment y ou. Indeed, you can turn out to be excessively agreeable in your spot since it is the main thing you will think about.</p><p></p><p>That is the reason it is so imperative to keep yourself propelled. On the off chance that you do a great deal of composing and, at that point you don't have anything to expound on, you don't go anyplace. On the off chance that you are composing once per week, at that point you're on the privilege track.</p>
Tuesday, May 12, 2020
Custom Van Vans - The Basic Knowledge of Custom Vans and Its Application
<h1>Custom Van Vans - The Basic Knowledge of Custom Vans and Its Application</h1><p>Are you new to the universe of custom vans composing? This article will give you a diagram of the terms identifying with custom vans.</p><p></p><p>Custom vans depend on the essential necessities of the traffic. They contain quality subtleties so as to interest a more extensive customer base and make an away from of the specific vans.</p><p></p><p>The word 'custom' originates from the word 'customization', and it implies putting something to the ideal level or standard. For this situation, the term 'custom vans' is alluding to the craftsman van proprietor. It is custom for them to alter the vehicle. The goal of composing custom vans is to alter the vehicle for a certain scenario.</p><p></p><p>Writing custom vans doesn't imply that you need to play out a great deal of research. It doesn't imply that you should find out about various vehicle plans. It doesn't imply that you should do a ton of extra-normal research either. It just implies that you should be touchy in deciding the determinations of the client. It just implies that you must be as specific about the subtleties as the clients need.</p><p></p><p>Custom vans are something you don't make without anyone else. You have to utilize your insight into the territory's necessities. It is something that should be decided as far as your own style and preference.</p><p></p><p>Custom vans come in numerous shapes and sizes. Each size has an alternate sort of fan base, undercarriage, and wheels. They arrive in an assortment of shapes and sizes, and they come in various kinds of texture also. Indeed they are totally modified with the particular specifications.</p><p></p><p>Custom vans are essential to the craftsman van proprietor. They are critical to a large group of van manufa cturers and embellishments producers. You can make your carporter's life a lot simpler and increasingly beneficial by knowing the kinds of vans that they can or can't work, by realizing what choices they have with regards to making these vans, and by recognizing what will speak to a specific customer.</p>
Monday, May 11, 2020
Using Angry Men Essay Samples to Help With Your Writing
<h1>Using Angry Men Essay Samples to Help With Your Writing</h1><p>When it comes to composing articles, there are numerous tips you can utilize, yet they don't verge on including utilizing powerful composing tests. Setting aside some effort to make a decent exposition is significant, and hence there are numerous individuals who need to get however much assistance as could reasonably be expected from the best essayists on the planet. On the off chance that you feel that you don't have what it takes required to compose your own exposition then it is constantly a smart thought to look at one of the numerous examples accessible on the Internet. This will give you a thought of how it ought to be done.</p><p></p><p>There are numerous individuals who feel that composing expositions is simple, and for them, the best Angry Men Essay tests will be the ones with the most clever thoughts, or the most creative sentences. By and large, this is a long way f rom reality. It will take a lot of work to turn into a decent author, and accordingly on the off chance that you feel that composition all alone is the least demanding activity, at that point you are probably going to be disillusioned. It takes long periods of difficult work, and until you can do this all alone, you can't would like to make the progress that some others do.</p><p></p><p>In expansion to this, composing all alone is additionally unsafe. You can wind up composing a poor paper, which will look extremely unprofessional and low class. Rather than composing for another person, why not utilize an example article. You can be certain that the work is unique, and that you will look proficient in the event that you utilize a guide to direct you.</p><p></p><p>The most significant hint while picking Angry Men Essay tests is to utilize an example that has a decent degree of demonstrable skill. The explanation behind this is the point at which you are searching for an exposition, you need to be certain that it doesn't appear as though you composed it yourself. This implies you ought to pick a paper that has been expertly composed. You ought to have the option to tell initially that the paper was composed by somebody who comprehends what they are doing.</p><p></p><p>If you fear composing your own article, at that point you should have a go at taking a gander at certain models, as long as they are in a similar style as the sort of keeping in touch with you need to do. At the point when you investigate test papers, you will have the option to see with your own eyes how unique the tone and sentence structure are between various models. This will permit you to decide if you would be keen on doing such a task.</p><p></p><p>Another motivation behind why you ought to pick Angry Men Essay tests is that they will show you sentence structure. There are a few people who don't give a lot of consideration to sentence structure, and this is appalling. At the point when you utilize the most expert and elegantly composed exposition, you will see how much simpler it is to peruse, and this will make the words more real.</p><p></p><p>Lastly, you should take a gander at Angry Men Essay tests that have been expertly altered. This will assist you with seeing mistakes in the words, just as different things that might not be right. By investigating articles that have been expertly altered, you will have the option to understand that the best papers are the ones that have had their linguistic mix-ups revised. This is something imperative to do, as you would prefer not to affront anybody with inaccurate words or sentences.</p><p></p><p>These are a portion of the things that you ought to recall when you are picking Angry Men Essay tests. Rather than employing a professional writer, set aside the effort to perceive what you can do yourself. This will guarantee that you end up with an exposition that looks expertly done, and that you feel great with.</p>
Friday, May 8, 2020
Ruth Beuscher Papers Smith College
<h1>Ruth Beuscher Papers Smith College</h1><p>Ruth Beuscher papers Smith College is a significant assortment of Beuscher's initial work. Beuscher was a Yale graduate and was an educator at the renowned Smith College for young ladies. She established the school when she was just 19 years of age it despite everything works today.</p><p></p><p>Beuscher impacted the educational program at Smith, particularly in arithmetic. Her most punctual fills in as an instructor incorporate 'The Evolution of Differential Equations'Mathematical Methods for Teachers.'</p><p></p><p>Of course, saying this doesn't imply that that Beuscher's examination wasn't of a high gauge either. A high level of her examination subjects, ladies, were viewed as disgraceful of the math field, and this was for the most part on the grounds that their abilities were not seen as having as much potential as those of men. Subsequently, Beuscher was additionally viewed as 'misogynist' for her actions.</p><p></p><p>Over the years, Beuscher and her partners attempted to change these out of date mentalities towards ladies. They accepted that despite the fact that ladies may have as much ability as men, the nature of their numerical capacities is altogether different than that of men. Therefore, these ladies were not viewed as waiting be consigned to the self-teaching realm.</p><p></p><p>At one point, Beuscher chose to incorporate her papers into a book. Notwithstanding, this book needed to sit tight until a later date for distribution, for the authors, editors, and distributers in the distributing business neglected to locate the suitable distributers to take on the project.</p><p></p><p>This implied that Beuscher and her partners needed to agree to assembling the original copies together into an accumulation that would join every last bit of her compositions into one volu me. In doing as such, she amassed an assortment of Beuscher's papers, yet in addition achieved a plenty of new materials into the general picture.</p><p></p><p>Ultimately, it was Ruth Beuscher's own record of the life of Beuscher herself, which permitted this arrangement to take structure. In Beuscher's form of the story, she is distinguished as Dr. Ruth Beuscher. She is depicted just like a main mathematician, a pioneer, and an extraordinary thinker.</p><p></p><p>There are a few other Beuscher papers and a comparable one by Ruth Beuscher and Barbara Vreeland, which can be found on the Internet. These original copies have helped understudies of Beuscher to get familiar with her life and her commitments to higher mathematics.</p>
Essay Samples of Positive and Negative Effects of Cancer on Humans and Animals
Essay Samples of Positive and Negative Effects of Cancer on Humans and AnimalsIf you are a student on medical writing assignments or if you just want to be prepared for the upcoming academic year, you can find essay samples of positive and negative effects of cancer on humans and animals in a lot of ways. The Internet offers lots of ways to learn about the medical sciences and about the study of these things; essay samples of positive and negative effects of cancer on humans and animals are available there in abundance.Let us start with the positives and negatives of these things, starting with how people will be affected by these things. You have all the information that you need in relation to human beings, because all the facts that are related to them are listed in great detail in the online research libraries. One thing that is mentioned about animal diseases is that they can also be transmitted to humans.There are some incidents of cancer in cats and dogs being transferred to h umans, which may be a problem for people who have cats and dogs as pets. The part of the brain that is related to speech is the one that is affected in these cases.When it comes to animals that get cancer, the things that can be said about these are that they can be very common and they are not fatal to the species. Sometimes these things are fatal to them, but other times they do not have to be put under such conditions. That is because there are things that they can do about this kind of life situation.There are several other examples that can be discussed about the positive and negative effects of cancer on animals. You have stories about how animals cope with the situations. Some of them are so happy that they do not even talk about what they are going through.One good example is how a cat can be cured from a bad case of cancer in a month or two. Other animals can survive the disease. There are many other things that can be learned from these kinds of essays samples of positive and negative effects of cancer on humans and animals.The things that make the positive effects of this kind of things is that they can be cured and not killed off. They can still live and be happy. When they are in great pain and in terrible emotional conditions, they can go to other people and share their feelings; they can also be considered as a source of comfort to them.On the negative effects of these things, the first thing that must be said is that they can be a real danger to people and they can even cause them to die. The things that bring about the negative effects of cancer on humans and animals are much more damaging to their bodies.
Wednesday, May 6, 2020
Marginalisation of the Elderly in America - 3395 Words
Independence is a socially constructed concept within a capitalistic patriarchal society that serves to marginalize and oppress the elderly members of the society. Why do many women of the elderly population within the United States live alone? What is it about our society that has encouraged the elderly population to live alone and without the vital familial support that is so often necessary for people who are reaching their golden years? Elderly people in the United States are one of the most vulnerable groups of people who have traditionally been marginalized. They are viewed as weak individuals because they are no longer able to physically work for pay. Many of them choose to live alone yet suffer in isolation because of theâ⬠¦show more contentâ⬠¦There are many sociological research articles begging for more theories about the aging population and social and structural policies. Authors Paul C. Luken and Suzanne Vaughan did research to determine how independent livi ng and ageing is socially constructed and how housing policies and language need to be modified (Luken and Vaughan 2003). Luken and Vaughan used qualitative research by conducting in depth interviews with five elderly women. Luken and Vaughan defined elderly as being over the age of 60 and each of the elderly women had lived independently for at least six months. Four of the elderly women were from the United States and prided themselves on how they lived alone even though they were lonely and wanted more interaction with their families (Luken and Vaughan 2003). The 5th woman they interviewed was originally from Mexico. She wanted to live with her family, but she would have not received any subsidy from the state if she did because her familyââ¬â¢s income was too high to qualify. Therefore, she had to live alone in Section 8 housing. It is interesting to note that sheShow MoreRelatedChanging Attitude Towards Child Sex Preference11388 Words à |à 46 Pagesfinancially, and its impact on the care and support/ well-being of the elderly in Nigeria in general, and in particular among the Yoruba of Southwest. The paper examines the impact of social change on child sex preference as old age security. Before delving into the theme of the paper, the concept of social change was briefly discussed. The reasons for having children generally are discussed, child sex preference among the elderly were equally analyzed; the pattern it took before now, the changes thatRead MoreCritically examine sociological explanations for the emergence and growth of religious sects in an apparently secular society.5615 Words à |à 23 Pagesattitude of most Mormons. The movement was started by Joseph Smith in 1830 in New York State. He claimed that an angel called Moroni was sent to guide Smith to a nearby hill, and he was shown where a series of gold plates depicting the early history of America and the real gospel were buried. Smith was told he would be able to translate the ancient hieroglyphics with a pair of magical spectacles that would be found nearby. He taught that god is a physical being who procreates with his wives producingRead MoreExploring Corporate Strategy - Case164366 Words à |à 658 Pagesimplemented other cost-control measures. Fortunately, litigious US consumers focused MCO attention on offering optimal rather than cheapest care, leaving the door open to genuine innovation. Medicare reforms in 2006 extended drug coverage for the elderly, but also made the government overnight the largest direct purchaser of medicines. (Powerful bulk purchasers such as the Veterans Administration had already negotiated prices even lower than those in Canada.) Concerns about high prices and drug safety
Tuesday, May 5, 2020
Harvey Norman - Financial Analysis Free Sample Solution
Question: Discuss about thFinancial Analysis of Harvey Norman. Answer: Introduction The present report aims to carry out financial analysis of Harvey Norman Holdings Limited. In this context, the report conducts vertical and horizontal analysis of companys assets as depicted in its balance sheet from the annual report of financial years 2014-2015. Vertical analysis reports each entry in the companys balance sheet as a percentage of another item. On the contrary, horizontal analysis examines each entry on the financial statements by comparing it with previous years entries (Moyer, McGuigan and Rao, 2014). The report also evaluates and examines liquidity, solvency, and profitability ratios for the financial years 2014-2015. The ratio analysis is carried out for providing recommendations to the investors for making effective decisions regarding investing in the company. Description of the Companys Business Activities Harvey Norma is recognized as one of the major large Australian-based, multi-national retailer headquartered in New South Wales. It is mainly involved in retailing business of furniture, bedding, computers, communications and electrical products. The company conducts its business activities outside Australia through franchising model. The company receives lease payments from its franchise stores on the basis of sales percentage. The company presently owns about 260 retail stores in Australia and franchise stores across the world. It is public listed company on Australian Securities Exchange (ASX) and is believed to have a workforce diversity of about 5,160 people (Annual Report, 2015). The company operates its branded department stores in Australia, New Zealand, Singapore, Malaysia and Ireland. It is regarded as worlds largest retailer of computer hardware and software products. It also owns leadership position in electrical goods, furniture, electrical appliances, home improvements, bedding and flooring. It also realizes considerable income from property investments and also from franchisees. Besides this, the company also realizes its income from providing credit services to customers and also trading in listed securities (Company Profile, 2008). Horizontal Analysis of Financial Statements of Harvey Norman Horizontal Analysis of Harvey Norman Income Statement Particulars 2014 2015 Variance % Change Revenue $ 1,513,662,000.00 $ 1,617,161,000.00 $ 103,499,000.00 6.84% Cost of Good Sold $ 1,064,892,000.00 $ 1,126,894,000.00 $ 62,002,000.00 5.82% Gross Margin $ 448,770,000.00 $ 490,267,000.00 $ 41,497,000.00 9.25% Other Income $ 103,624,000.00 $ 1,101,286,000.00 $ 997,662,000.00 962.77% Distribution Expenses $ (15,114,000.00) $ (18,744,000.00) $ (3,630,000.00) 24.02% Marketing Expenses $ (348,952,000.00) $ (370,124,000.00) $ (21,172,000.00) 6.07% Occupancy Expenses $ (233,881,000.00) $ (229,081,000.00) $ 4,800,000.00 -2.05% Administration Expenses $ (427,604,000.00) $ (447,198,000.00) $ (19,594,000.00) 4.58% Other Expenses $ (136,846,000.00) $ (124,082,000.00) $ 12,764,000.00 -9.33% Finance Cost $ (36,437,000.00) $ (32,872,000.00) $ 3,565,000.00 -9.78% Joint Venture Income $ 17,501,000.00 $ 8,658,000.00 $ (8,843,000.00) -50.53% Profit Before Tax $ 301,061,000.00 $ 378,100,000.00 $ 77,039,000.00 25.59% Income Tax Expenses $ (88,823,000.00) $ (109,186,000.00) $ (20,363,000.00) 22.93% Profit of the year $ 212,238,000.00 $ 268,914,000.00 $ 56,676,000.00 26.70% (Annual Report, 2015) Horizontal Analysis of Harvey Norman Balance Sheet Particulars 2014 2015 Variance % Change Current Assets Cash $ 144,957,000.00 $ 185,840,000.00 $ 40,883,000.00 28.20% Inventories $ 297,670,000.00 $ 298,381,000.00 $ 711,000.00 0.24% Other Current Assets $ 1,107,431,000.00 $ 1,192,247,000.00 $ 84,816,000.00 7.66% Total Current Assets $ 1,550,058,000.00 $ 1,676,468,000.00 $ 126,410,000.00 8.16% Non Current Assets Plant and Equipment $ 569,057,000.00 $ 552,603,000.00 $ (16,454,000.00) -2.89% Investment Properties $ 1,903,504,000.00 $ 1,935,936,000.00 $ 32,432,000.00 1.70% Other Non Current Assets $ 183,512,000.00 $ 193,537,000.00 $ 10,025,000.00 5.46% Total Non Current Assets $ 2,656,073,000.00 $ 2,682,076,000.00 $ 26,003,000.00 0.98% $ - Total Assets $ 4,206,131,000.00 $ 4,358,544,000.00 $ 152,413,000.00 3.62% Current Liabilities Trade payables $ 740,681,000.00 $ 813,474,000.00 $ 72,793,000.00 9.83% Other Current liabilities $ 521,551,000.00 $ 469,605,000.00 $ (51,946,000.00) -9.96% Total Current Liabilities $ 1,262,232,000.00 $ 1,283,079,000.00 $ 20,847,000.00 1.65% Non Current Liabilities Provisions $ 7,332,000.00 $ 6,054,000.00 $ (1,278,000.00) -17.43% Loans $ 238,094,000.00 $ 290,000,000.00 $ 51,906,000.00 21.80% Other Liabilities $ 207,367,000.00 $ 222,551,000.00 $ 15,184,000.00 7.32% Total Non Current Liabilities $ 452,793,000.00 $ 518,605,000.00 $ 65,812,000.00 14.53% Total Equity $ 2,491,106,000.00 $ 2,556,860,000.00 $ 65,754,000.00 2.64% Total Liabilities and Equity $ 4,206,131,000.00 $ 4,358,544,000.00 $ 152,413,000.00 3.62% (Annual Report, 2015) Horizontal analysis of financial statements helps to identify the changes in the items of financial statements over one year span of time (Dlabay Burrow, 2007). Through using the horizontal analysis it is easy to find out any big change in the financial figures so that any major change can be noticed and can be taken care of. In this report horizontal analysis of Harvey Norman has been carried out to identify any major change in the assets items of balance sheet. Looking at the changes of asset items in the balance sheet during 2014 and 2015 it has been found that there was 28.20 % positive change in cash and cash equivalents. It shows that Harvey Norman was able to collect its cash payments more rapidly in year 2015 as compare to year 2014 (Moynihan Titley, 2001). There was overall 8.16% increase in value of current assets that shows that company has increased its liquidity position in year to increase its capability to pay the current liabilities in smooth manner. Apart from this there was overall 0.98 % change in non current assets in year 2015 as compare to value in year 2014 (CTI Reviews, 2016). Vertical Analysis of Financial Statements of Harvey Norman Vertical Analysis of Harvey Norman Income Statement Particulars 2015 Percentage 2014 Percentage Revenue $ 1,617,161,000.00 100.00% $ 1,513,662,000.00 100.00% Cost of Good Sold $ 1,126,894,000.00 69.68% $ 1,064,892,000.00 70.35% Gross Margin $ 490,267,000.00 30.32% $ 448,770,000.00 29.65% Other Income $ 1,101,286,000.00 68.10% $ 103,624,000.00 6.85% Distribution Expenses $ (18,744,000.00) -1.16% $ (15,114,000.00) -1.00% Marketing Expenses $ (370,124,000.00) -22.89% $ (348,952,000.00) -23.05% Occupancy Expenses $ (229,081,000.00) -14.17% $ (233,881,000.00) -15.45% Administration Expenses $ (447,198,000.00) -27.65% $ (427,604,000.00) -28.25% Other Expenses $ (124,082,000.00) -7.67% $ (136,846,000.00) -9.04% Finance Cost $ (32,872,000.00) -2.03% $ (36,437,000.00) -2.41% Joint Venture Income $ 8,658,000.00 0.54% $ 17,501,000.00 1.16% Profit Before Tax $ 378,100,000.00 23.38% $ 301,061,000.00 19.89% Income Tax Expenses $ (109,186,000.00) -6.75% $ (88,823,000.00) -5.87% Profit of the year $ 268,914,000.00 16.63% $ 212,238,000.00 14.02% (Annual Report, 2015) Vertical Analysis of Harvey Norman Balance Sheet Particulars 2015 Percentage 2014 Percentage Current Assets Cash $ 185,840,000.00 4.26% $ 144,957,000.00 3.45% Inventories $ 298,381,000.00 6.85% $ 297,670,000.00 7.08% Other Current Assets $ 1,192,247,000.00 27.35% $ 1,107,431,000.00 26.33% Total Current Assets $ 1,676,468,000.00 38.46% $ 1,550,058,000.00 36.85% Non Current Assets Plant and Equipment $ 552,603,000.00 12.68% $ 569,057,000.00 13.53% Investment Properties $ 1,935,936,000.00 44.42% $ 1,903,504,000.00 45.26% Other Non Current Assets $ 193,537,000.00 4.44% $ 183,512,000.00 4.36% Total Non Current Assets $ 2,682,076,000.00 61.54% $ 2,656,073,000.00 63.15% Total Assets $ 4,358,544,000.00 100.00% $ 4,206,131,000.00 100.00% Current Liabilities Trade payables $ 813,474,000.00 18.66% $ 740,681,000.00 17.61% Other Current liabilities $ 469,605,000.00 10.77% $ 521,551,000.00 12.40% Total Current Liabilities $ 1,283,079,000.00 29.44% $ 1,262,232,000.00 30.01% Non Current Liabilities Provisions $ 6,054,000.00 0.14% $ 7,332,000.00 0.17% Loans $ 290,000,000.00 6.65% $ 238,094,000.00 5.66% Other Liabilities $ 222,551,000.00 5.11% $ 207,367,000.00 4.93% Total Non Current Liabilities $ 518,605,000.00 11.90% $ 452,793,000.00 10.77% Total Equity $ 2,556,860,000.00 58.66% $ 2,491,106,000.00 59.23% Total Liabilities and Equity $ 4,358,544,000.00 100.00% $ 4,206,131,000.00 100.00% (Annual Report, 2015) Vertical analysis is the method of financial statement analysis that helps to find out percentage of each item in the financial statements keeping the base as revenue in income statement and total assets or liabilities in case of balance sheet (Albrecht, Stice Stice, 2010). In this report vertical analysis of Harvey Norman has been carried to find out the relative composition of assets in the balance sheet. According to the changes noticed in the above table it has been found that cash and cash equivalents was 3.45% in year 2014 and 4.26 % in year 2015 to the total assets. It reflects that there was 23.47 % increase in cash and cash equivalents in year 2015 as compare to year 2014 (Megginson Smart, 2008). Looking at non current assets it has been found that in year 2015 it got reduced by 1.61 % in year 2015 that shows there was increase in current and decrease in non current assets. Financial Ratio Calculations Liquidity ratio Liquidity ratio shows the overall short term solvency of the company and shows the ability of company to pay off the short term liabilities (Werner Stoner, 2010). Current Ratio: It is current assets divided by current liabilities. It shows the short term liquidity position of the company (Mumba, 2013). Current ratio of Harvey Norman in year 2014: 1.23 Current ratio of Harvey Norman in year 2015: 1.31 Liquidity position of Harvey Norman was sound in year 2015 as compare to year 2015 as current ratio was increased to 1.31 as compared to 1.23 in year 2014. Solvency Ratio Solvency ratios tell the long term liquidity performance of the company during the year (Coyle, 2000). Debt Equity ratio: It is debt divided by the equity. It shows total debt present in the company as against the equity. Debt Equity of Harvey Norman in year 2014: 0.18 Debt Equity of Harvey Norman in year 2015: 0.20 Debt equity ratio increased in year 2015 by 0.02 that shows company has taken some more debt in year 2015. Still the solvency position of company was sound through looking at profitability position in both the years (Graham, Smart Megginson, 2009). Profitability Ratio Profitability ratio shows the earning capacity of company and tells how assets and capital is applied to earn the profits. Net profit ratio: This ratio shows the percent of profit earned by the company to the total revenue. It is net profit margin divided by the total revenue. Net profit ratio of Harvey Norman in year 2014: 14.02% Net profit ratio of Harvey Norman in year 2015: 16.63% Net profit ratio got increased by 2.61% in year 2015 that shows company has used its assets wisely and earned maximum profits out of them (Mumba, 2013). Recommendations Looking at overall performance of the company in both the years and making analysis trend analysis of financial statements it is highly recommended to the investors to buy or hold the shares of Harvey Norman in order to earn maximum return in future period. It was seen that company has maintained positive trend in profit margin over last five years (Moyer, McGuigan Rao, 2014). Conclusion It can be said that financial position of Harvey Norman was better in year 2015 as compare to year 2015. It can be said that liquidity and profitability position of Harvey Norman was outstanding ion both the years. Solvency position was also strong and there was scope to take some more debts in case company wants to go for expansion. References Albrecht , W. S., Stice, E. K. Stice, J. D. (2010). Financial Accounting. Mason: Cengage Learning. Annual Report 2015. Harvey Norman. Retrieved October 12, 2016, form www.harveynormanholdings.com.au/pdf_files/2015-Annual-Report.pdf Brigham, E.F. Houston, J. F. (2012). Fundamentals of Financial Management.Cengage Learning. Company Profile. 2008. Retrieved October 12, 2016, form https://www.harveynormanholdings.com.au/companyprofile.htm. Coyle, B. (2000). Venture Capital and Buyouts. USA: Global Professional Publishing. CTI Reviews. (2016). Essentials of Corporate Finance: Business, Finance. Cram101 Textbook Reviews. Dlabay, L. R. Burrow, J. L. (2007). Business Finance. Mason: Cengage Learning. Graham, J. R., Smart, S. B. Megginson, W. L. (2009). Corporate Finance: Linking Theory to What Companies Do + Thomson One - Business School Edition 6-month and Smart Finance Printed Access Card. Mason: Cengage Learning. Mayo, H. B. (2011). Basic Finance: An Introduction to Financial Institutions, Investments, and Management. Mason: Cengage Learning. Megginson, W. L. Smart, S. B. (2008). Introduction to Corporate Finance. Mason: Cengage Learning. Moyer, R.C., McGuigan, J.R. Rao, R.P. (2014). Contemporary Financial Management.Cengage Learning. Moynihan, D. Titley, B. (2001). Advanced Business. New York: Oxford University Press. Mumba, C. (2013). Understanding Accounting and Finance: Theory and Practice. USA: Trafford Publishing. Nevitt, P. K. Fabozzi, F. J. (2000). Project Financing. London: Euromoney Books. Werner Stoner (2010). Modern Financial Managing; Continuity and Change. Freeload Press, Inc.
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