Gillette Company Case Study Essay Example | Topics and Well Written Essays - 1500 words

Gillette Company Case Study - Essay Example Quick ratio-Inventories are the least liquid of assets and face significant risks like they may be damaged or lost among others. They are hence reduced in calculating quick ratio. A higher quick ratio is also preferred. Cash Ratio- shows the percentage of current liabilities covered by cash and cash equivalents. This ratio measures the company’s ability to repay current liabilities using cash. A higher ratio is also recommended. A ratio of 1 and above is recommended since it indicates the ease to pay current liabilities using cash and cash equivalents, companies, however, opt to use available cash for other profit generating activities and hence the ratio is ideally less than 1. Gillette’s cash ratio is 0.19 which falls far below the recommended rate. This may show that the firm does not keep its revenues in cash, and this may hinder its ability to repay its current liabilities in the short term. These liquidity measures indicate that Gillette is not able to meet its current obligations with ease. That means that the firm has to sell some of its fixed assets in order to reduce chances of insolvency. There is therefore need for improvement by the management. The debt ratio is less than one indicating that the firm has more assets than debt. The rate is, however, higher than 0.5 which is the recommended level. This is a good indication since it implies less leverage and hence fewer financial risks but management should work on increasing the level of assets and reducing liabilities. Return on equity- this is a ratio of net income to total shareholder’s equity. It indicates the amount of profit the company makes for its owners. A high ratio is preferred by investors since they are assured of high returns on their investments. Inventory turnover- this is the ratio, of the cost of goods sold to inventories, showing the number of times the company restocked its inventory. A higher ratio indicates high sales as a result of fast movement of the

English Hmework Essay Example | Topics and Well Written Essays - 500 words

English Hmework - Essay Example However, she does not state what a role model is, but we can suggest that a role model might not have a hero’s characteristics. Based on Singer’s views, role models are close to us, and they need to learn something from the heroes. (COLL) In addition, Singer believes we do not have as many heroes today as in the past. Nowadays, heroes are difficult to find. On the other hand, it is not hard to have a role model. Reading ‘Heroes and Role Models’ made me to reflect on my life and thought that my father had helped me grow as an individual. Father is the best example of what a hard worker is. (COLL#2) He told me that he started his business when he was 18 years. He took this step because his family was poor at that time, and he wanted to make life much better by working hard. He did what he thought would help him make money. He worked harder than others as a result his outcome was better. Furthermore, he has had many different jobs. Sometimes he did many jobs o n the same day. For example, in the morning he could go to his company that manufactured boxes and then dealt with the daily routine afterwards. After completing his work, he could go selling a box lunch on the roadside. (PART) During the afternoon, he could send goods. Moreover, he looked for a part-time job that he could do after dinner, in order to make more income. Because of the hard work, father’s family financial situation became much better than before. I have emulated my father by working hard. He worked hard, in order to provide for us. I have made some tremendous improvements in class in the past three semesters. In this semester, I am taking 21 units and I expect to do well by working hard. The fact that I am not a smart girl makes hard work very important. Staying at school to study is my priority because of the conducive learning environment. Making it to a top university will be a dream come true. Hard work is the