Lemonade stand business performance

Lemonade stand business performance Various financial statements are used in the analysis of business performance. These include the balance sheet, income statement and the cash flow statements (Woolridge Gray, 2006). These statements are used to reflect various aspects of business performance, including calculation of key ratios that are used to evaluate performance of a business entity.Advertising We will write a custom research paper sample on Lemonade stand business performance specifically for you for only $16.05 $11/page Learn More An income statement makes available an entities revenues and expenses for a given duration and hence its serves as a basic measure of profitability (Carl, 2008). On the other hand, a balance sheet shows an entities assets portfolio and hence reflects the business liquidity position. The cash flow statement shows the businesses’ cash spending and hence reflects the cash available for use by the business at any given time. The Lemonade case falls under f ast-food restaurant and as such to evaluate its actual financial performance, it is wise to insider its performance to that of other players within the industry. This report compares the Lemonade stand business against Green tree Mall fast food restaurant, a fast growing fast food restaurant that has been able to record god financial results over the last three years. The choice of Green tree Mall restaurant is largely motivated by its astounding financial performance over the last five years, making it a leading player in the industry. In its last quarter, the fast-food restaurant recorded 42% profit, with a return on equity and return on assets of 56% and 52% respectively. Its outstanding performance is reflected by its large profitability ratio (62%). The current ratio of 5.12 while debt to equity ratio of 1.14. The results were far beyond the industry’s debt to equity ratio of 0.85 and a current ratio of 4.80. This positions the fast-food restaurant as the industrys bench mark of performance excellence. However, this is not the focus of this paper. Green tree Mall fast food restaurant will only be used as a benchmark measure of the performance of Lemonade stand business. The performance of the Lemonade stand presented in this report, is a continuation of its first season’s performance. An additional comparison is made between its first season’s performance and second season’s performance. The performance is shown by the income statement, the balance sheet, and the financaila ratios indicating the businesses’ performance. See below: Table 1: Income statement year 1 and year 2Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Year 1 Year 2 Revenues 184.10 314.56 Less: Expenses 62.22 86.58 Net-Income 121.88 227.98 Year 1 and year 2 results reveal a rise in spending as well as revenue from year 1 to year 2. This shows that the businesses generated more income and expenses during the second season. Balance Sheet Assets: Year 1 Year 2 Cash 184.10 314.56 Inventories 3.03 5.6 Equipment 9.00 12.12 Total Assets 196.13 332.28 Liabilities Accounts Payable 34.25 44.25 Total Liabilities 34.25 44.25 Equity Owners Capital 40.00 161.88 Retained Earnings 121.88 126.15 Total Equity 161.88 288.03 Total Liabilities Owners Equity 196.13 332.28 The balance also reveals that the businesses’ assets and liability portfolios grew from year one to two. Assets grew from $196.13 to $ 332.28, while liabilities similarly grew from $34.25 and $44.25. The business also grew its owner’s capital from $40 to $161.88. This is mainly attributed to the fact that no dividends were issued and instated all the earnings for the previous year were retained into the business. To better evaluate the business performance a comparison is made between its first season and the second season. This is best accomplished with the help of financial ratios shown in the table below: Â  Season1 Season 2 Return on equity 75% 79% Return on Assets 62% 69% Profitability ratio 66% 72% Current Ratio 5.46 7.24 Debt to equity ratios 1.21 1.15 The return on equity grew from 75% to 79%. This indicates that the owners earning from their capital investment also grew. While in the previous season, the owners accumulated 75 cents for every dollar they invested, in the current season, each owner accumulated 79 cents for their equity owning. Similarly, the return yielded by assets grew marginally. For each dollar worth of an asset, 72 cents were yielded as compared to the provision year where a dollar worth of an asset’s yielded 66 cents. The businesses’ profitability ratio also grew from 66% to 72% indicating that for each invested dollar, a 72 cents profit was accumulated. The current ratio also grew from 5.46, during the previous season to 7.2 4 during the current season indicating that the businesses was more able to generate cash to pay for its operations. However, the businesses’ ability to pay for its long-term liabilities dropped from 1.21 to 1.15. The decline is however, a positive results considering that lenders often prefer a low debt to equity ratio (Erich, 2001). The debt to equity ratio acts a measurement of the relationship between capital contributed by the business owners and that contributed by the creditors. Additionally, the ratio shows the extent to which the capital input by shareholders can business can meet its responsibilities to the creditors when a business is liquidated.Advertising We will write a custom research paper sample on Lemonade stand business performance specifically for you for only $16.05 $11/page Learn More In relation to the industries performance, the lemonade business performed astonishingly better exceeding even the performance of the selected ben chmark industry player. While the benchmark industry player retuned a profitability of 42%, earnings its shareholders 56 cents and 52 cents for every dollar worth of owners equity and assets, the lemonade stand business earned its owners’ equity and asset portfolio 79 cents and 72 cents for every dollar respectively. The performance of the business can therefore be summarized as growing over time and has been able to ward off competition from similar products offered by its competitors. In conclusion, it’s important to mention that the performance of the businesses not only grew within its own operations but also recorded very positive results compared to the industries performance. This indicates that the strategic approach adopted by the entrepreneurs has been successfully in ensuring that spending is controlled in a manner that works positively towards the businesses success. Additionally, the performance could be attributed to the businesses pricing strategy and re sponse to the varying weather conditions as key determinants to the clients purchasing trends. Positively identifying the factors that clients consider in order to purchase the products is crucial to the success of the business, and seemingly, this is an aspect that the business managers have been able to successfully manage. In general, the strategic objective adopted by the business managers has yielded positive results and has seen the business performance astonishingly well compared to other players in the industry. References Carl, W. (2008). Survey of Accounting. Cincinnati: South-Western College Publication. pp. 128–132. Erich, H. (2001). The Nature of Financial Statements: The Income Statement. Financial Analysis Tools and Techniques A Guide for Managers. London: McGraw-Hill. p. 40.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Woolridge, J. R. Gray, G. (2006). Applied Principles of Finance. London: McGraw Hill.

Nutrition & ethics in criminal justice Essay Example | Topics and Well Written Essays - 750 words - 1

Nutrition & ethics in criminal justice - Essay Example What this means is that the areas have toxic and radioactive wastes which were left looming in after wars. When the soldiers are exposed to this kind of toxic wastes, then it is obvious that the health system of the soldiers is affected by them and this causes them to have little endurance. The toxins, when inhaled, are circulated throughout the body by blood and since the blood will be deprived of some oxygen, it is obvious that the toxins will cause the body to lose energy which it gets from the oxygenated blood (Jeremy 67). In addition to the toxic waste residues, the sand particles are also a possible cause for the weakness and fatigue among the soldiers. This is because once they inhale the sand particles, there is a likelihood that they will have respiratory problems, such as congestion. The congestion of the respiratory system causes them to stress their lungs since the body will still need the same amount of oxygen filled blood that it normally gets when breathing. Utilitarianism is a forward-looking or consequentialist theory that focuses on the outcomes or results of actions. The idea of utilitarianism stems from the claim that humans’ greatest and most natural achievement is the maximization of happiness. However, this theory does not go without fault. I has some loose ends that accommodate for its criticism. The outcomes of the utilitarian framework have to be good so that they can outweigh the negative which is punishment. For the purpose of justifying punishment, the utilitarians focus on three outcomes which are deterrence, incapacitation, and correction. Deterrence refers to the refrain from doing things simply because the consequences of doing that thing are quite unpleasant. According

Demographic Assignment Essay Example | Topics and Well Written Essays - 250 words

Demographic Assignment - Essay Example Other than all formal meetings, I like to wear T-shirts and loose pants to give the impression of carelessness. Having tight budgets, I tend to travel by bus and train rather than airline. Part II. Select and watch 2 hours of television (does not have to be continuous), including the commercials. Based on what you’ve seen, provide a viewer profile for each show and discuss your findings. During the two hours, multiple programs are shown on Television. They include reality shows, news programs, commercials and entertainment shows. The audience of every type of program is different. Businessmen are mostly interested in current affairs; house wives are interested in commercials, while people of all age and profession are attracted by entertainment shows. It is because, it provides them an opportunity to change their mood and relax from the busy hectic daily routine. News headlines are attractive to all, while the detail is often skipped. Understanding of demographics will help firms to better design their products and marketing activities to fit customer preferences. They will design commercials to attract the specific target group and schedule their commercials keeping in view their

Differencies in substantive law and procedural law between common law Essay

Differencies in substantive law and procedural law between common law and civil law - Essay Example Civil Law gives its priorities to the doctrines and especially on the reports of codifiers over jurisprudence. The Common Law conversely, gives its priorities to jurisprudence over the canon. To elaborate on the difference of priorities between civil and common law, examining the different roles of legislator in the countries that practice the law (Tetley). For example, French law allows separation of powers since the courts only apply ruling while legislature work is to legislate and make laws. The other difference is that common law canon’s functions is to differentiate cases that appear unsuited to civics, and at some point may criticizes judgments that are made in court that seem to be biased according ruling. The civil law doctrines function is to avoid confusion that might cause a wrong judgment according to legal literature. Therefore, it provides the right procedure for judging difficult cases. Common law style of evaluating a case is different from the civil law style, since common law analyses cases that are similar in nature and extracts ruling from the previously set rules. The judge might add some rules and directions that do not exist to support the judgment made on the case. Civil law deals with legal principle that are firmly written to make decisions on certain cases (Tarr, 10). The judge comments on the history, the domain, and the application of the law accordingly without altering or adding some information. Therefore, the use and application of general mind is not allowed to be used in civil law to make judgments. Another difference is that civil law majors on the rights and compulsion to get the remedies of a case. It cannot make judgments without the use of legal doctrine that oversee the decision-making. On the contrary, common laws do not follow a set of guidelines or obligation to find a remedy to a case, but can add some knowledge of the

Full Body Scanners Do Not Lead to Safer Travel Essays -- Airport Secur

Why should anyone including my 3-year-old daughter unnecessarily be exposed to cancer causing X-ray beams in a full body scanner? Or have a total stranger run his or her hands up and down my daughter's body for a full pat-down upon refusing the scan? Most enraging is that the scan can be done without my knowledge. Full body scanners should not be used in United States airports. The Transportation Security Administration (TSA), on November 20, 2010 implemented the use of 385 scanners, otherwise know as advanced imaging technology in 68 airports to include Denver International Airport. The TSA is using these machines supposedly to ensure safer travel and be steps ahead of security threats. According to the TSA, as a preventive measure, scanners where rapidly deployed after Umar Farouk Abdulmutallab's failed attempt at blowing up an aircraft with pentaerythritol tetranitrate, or PETN sewn in his underwear December 25, 2009. Former Homeland Security chief Michael Chertoff claimed that if Abdulmutallab had gone through screening or a full pat-down, the explosives would have been discovered (Eggen, DeYoung and Hsu 2). The TSA also claims that not all explosives or explosive devices can be detected through metal detectors. The scanner machines cannot detect explosives such as the type that Abdulmutallab had concealed. Abdullah Ansieri had a detonator and explosives hidden in his rectum when he tried to kill Saudi Arabia's counter-terrorism chief, Prince Mohammed bin Nayef. Ansieri was Saudi's most wanted man and managed to get through two rigorous airport screenings and Saudi Secret Service, who defend royals by any means necessary. Professor Clive Williams a counter-terrorism expert of the Australian National University said the mac... ...he-real-radiation-risk-of-the-tsas-full-body-x-ray-scans/> 5. Bell, Jason. â€Å"Review of the TSA X-ray backscatter body scanner safety report: hide your kids, hide your wife.† My Helical Tryst, blogspot.com, 22 Nov 2010. Web. 1 Dec 2010. 6. â€Å"You asked for it...You got it, Millimeter Wave images.† blog.tsa.gov. TSA 09 May 2008. Web. 1 Dec 2010. . 7. "Are Full Body Scan Images Saved? Issue Challenged In Federal Court...† wgrz, Buffalo, 06 Aug 2010. Web. 1 Dec 2010. . 8. Meserve, Jeanne, and Mike M. Ahlers. â€Å"Body scanners can store, send images, group says.† CNN 11 Jan 2010: 1. Web. ! Dec 2010.

Instructional Objectives Essay

Instructional objectives may also be called performance objectives, behavioural objectives, or simply objectives. All of these terms are used interchangeably. Objectives are specific, outcome based, measurable, and describe the learner’s behaviour after instruction. Instructional objectives serve as goals that teachers have set in the achievement of a greater goal. They also tell students what is expected of them. Instructional objectives make definite the direction in which teaching leads and become the focus of instruction, not only for the teachers, but also for the students. Without instructional objectives teaching is comparable to a fallen leaf whose destination is dependent on the will of the wind. Without instructional objectives, teachers will have nothing to follow in order to achieve what it should achieve. A well-written objective should meet the following criteria; describe a learning outcome, be student oriented, be observable or describe an observable product. A well-written objective should describe a learning outcome. It should not describe a learning activity. Learning activities are important in planning and guiding instruction but they are not to be confused with instructional objectives. A student-oriented objective focuses on the learner, not on the teacher. It describes what the learner will be expected to be able to do. It should not describe a teacher activity. It may be helpful to both the teacher and the student to know what the teacher is going to do but teacher activities are also not to be confused with instructional objectives. If an instructional objective is not observable, it leads to unclear expectations and it will be difficult to determine whether or not it had been reached. The key to writing observable objectives is to use verbs that are observable and lead to a well defined product of the action implied by that verb. Verbs such as â€Å"to know,† â€Å"to understand,† â€Å"to enjoy,† â€Å"to appreciate,† â€Å"to realize,† and â€Å"to value† are vague and not observable. Verbs such as â€Å"to identify,† â€Å"to list,† â€Å"to select,† â€Å"to compute,† â€Å"to predict,† and â€Å"to analyze† are explicit and describe observable actions or actions that lead to observable products. For an instruction to be useful, an objective must not only be well written but it also must meet the following criteria: be sequentially appropriate, be attainable within a reasonable amount of time, be developmentally appropriate. For an objective to be sequentially appropriate it must occur in an appropriate place in the instructional sequence. All prerequisite objectives must already have been attained. Nothing thwarts the learning process more than having learners trying to accomplish an objective before they have learned the necessary prerequisites. This is why continuous assessment of student progress is so important. A useful objective is attainable within a reasonable time. If an instructional objective takes students an inordinately long time to accomplish, it is either sequentially inappropriate or it is too broad, relying on the accomplishment of several outcomes or skills rather than a single outcome or skill. An objective should set expectations for a single learning outcome and not a cluster of them. Instructional objectives are often classified according to the kind or level of learning that is required in order to reach them. There are numerous taxonomies of instructional objectives; the most common taxonomy was developed by Benjamin Bloom and his colleagues. The first level of the taxonomy divides objectives into three categories: cognitive, affective, and psychomotor. Simply put, cognitive objectives focus on the mind; affective objectives focus on emotions or affect; and psychomotor objectives focus on the body. Cognitive objectives call for outcomes of mental activity such as memorizing, reading, problem solving, analyzing, synthesizing, and drawing conclusions. Bloom and others further categorize cognitive objectives into various levels from the simplest cognitive tasks to the most complex cognitive task. These categories can be helpful when trying to order objectives so they are sequentially appropriate. This helps to insure that prerequisite outcomes are accomplished first. Affective objectives focus on emotions. Whenever a person seeks to learn to react in an appropriate way emotionally, there is some thinking going on. What distinguishes affective objectives from cognitive objectives is the fact that the goal of affective objectives is some kind of affective behavior or the product of an affect (e. g. , an attitude). The goal of cognitive objectives, on the other hand, is some kind of cognitive response or the product of a cognitive response (e. g. , a problem solved). Psychomotor objectives focus on the body and the goal of these objectives is the control or manipulation of the muscular skeletal system or some part of it (e. g. , dancing, writing, tumbling, passing a ball, and drawing). All skills requiring fine or gross motor coordination fall into the psychomotor category. To learn a motor skill requires some cognition. However, the ultimate goal is not the cognitive aspects of the skill such as memorizing the steps to take. The ultimate goal is the control of muscles or muscle groups. The following are the importance of instructional objectives in teaching I. C. T Firstly, Instructional objectives are of immense significance in today’s education process. They provide organizers of the process with the opportunity to delve into learners mind and know where they are heading. Instructional objectives provide teachers the opportunity to design proper assessment procedure through tests and evaluation. Students know what they are supposed to do, use before or after a particular class. Instructional objectives also help trace the amount of change that has been brought about in a student. It gives a definite direction to the whole teaching-learning and evaluation process of a particular class in classroom situations. It also helps both the teacher as well as students in determining particular educational goals and enables them to focus their attention on specific learning activities to achieve those goals. Through instructional objectives – the organizers of educational process can determine the resources, course materials, curricular and co-curricular activities, relevant contents and references etc. which are so vital to make the process functional. Instructional objectives also lead the teacher into discovering the best learning situations, strength and weaknesses of the prevalent learning process, level of growth and development of learners through a pre-determined evaluation process. In short, instructional objectives help in monitoring and evaluating the whole educational process in minute details.

Crime in Context Free Essay Example, 2000 words

There could be several reasons for doing this. Among these include having greater profit, managing the uncertainty in the market, having lower costs to the company, or putting the rival out of business. Other reasons include pollution of the environment, engaging in financial fraud, manipulation, fixing prices, creating and maintaining work conditions which are hazardous to the employees, producing and unsafe products knowingly. The list could go on along this line. This offense have been empirically shown to be linked to the organizations perceptions of their needs such as pressures and strains brought about the decline and growth. Managers adapts to the reality under different conditions of munificence and scarcity. Actually, the decision to be involved in a corporate crime has nothing to do with personal needs. Rather, it has mainly a lot to do with organizational contingencies, priorities and needs. That is why corporate crime must be distinguished from embezzlement. Embezzlemen t, though similar in some way to corporate crime in the sense that there could also be stealing involved, is caused by a persons illegal response to personal needs such as family considerations, indebtedness, perception of that a personal problem cannot be shared, greed, and revenge. We will write a custom essay sample on Crime in Context or any topic specifically for you Only $17.96 $11.86/pageorder now (Cressey 1953, 12). In embezzlement, it can be readily seen that the victim is actually the organization. For corporate crime, however, many victims are produced such as the government, other companies, the environment, employees and the consumers. In other words, the company itself is not victimized directly. Therefore, when one talks of corporate crime, it is assumed that it is within an organizational contexts. Moreover, one would note that there is also involved is an organization with all its highly specialized positions. Thus, it can be readily noted that the crime done is autonomous but the way it was done was interactive and team-dependent. (Simpson 2002, 8) Some Examples of Corporate Crime In order to understand corporate crime better, here are some illustrations provided by Benson and Cullen (1998, 3-4). The first example happened on November 10, 1998 in Milwaukee. Wisconsin. Alarm sounded due to the presence of methane gas in the tunnel. A machine boring tunnel for the new sewer system automatically shut down at the this. Every one evacuated excep Tony Bell, Ron Kohne, and Rich Sochachki who reluctantly ordered the order of the project manager to go back into the tunnel. On their way, however, flames exploded and the three were incinerated.