Financial Analysis Assignment Example | Topics and Well Written Essays - 750 words - 2

Financial Analysis - Assignment Example Products that are used on a daily basis enhance the asset turnover. A supermarket has consumables products that are consumed on a daily basis that is why it will have the highest asset turnover followed by a steel company because of constructions. Pharmaceutical retailer will depend on health state of its client. The current lifestyle has impacted the health status of people, thus increase in pharmaceutical services is on the rise. However, asset turnover is concerned with the revenue, not profit. That being the case then musical instrument might have the highest profit than the others. Sales margin is also the gross margin. It is the revenue a firm earns after making sales. It should be known that sales margin is inclusive of the operating expenses thus it cannot be used to determine the profitability of a firm. A supermarket will have the lowest sales margin because a small mark-up is attached to the price it bought for the goods as a profit. The idea to add a small mark-up is the competitiveness of supermarkets and high sales rate. The prices of Tesco and Sainsbury’s supermarket are very competitive which attract consumers. A musical instrument retailer will have the highest sales margin this is because the sale of musical instruments is slow. To cover up the cost of operating expenses, the retailer will have to add markup that settle the income and operating expenses. Return on Equity (ROE) is a financial measure to determine how efficient a firm is in maximizing the return to the shareholders’ equity. A firm needs to have a high ROE to lure other investors. ROE has three components namely; return on sales, asset turnover, and financial leverage. In 1995, Chrysler had ROE of 20% while Ford had 8%. The difference can be explained by the three components. Firstly, it seems that Ford had low asset turnover meaning the sales in 1995 was low for its automobile. Secondly, it had a low return on sales. The profit generated

Carman Evaluation Essay Example | Topics and Well Written Essays - 750 words

Carman Evaluation - Essay Example duced Carmen Jones in the year 1954 and various other directors such as Dorothy Dandridge who won an Oscar award as the best actor later adopted the opera (Dolen). Harry Belafonte also played a significant role in the acting and directing various scenes of the Carmen. Carmen grew in popularity and majority of the directors adopted the theme and produced various scripts favoured by majority of the people who were fans of the original Carmen. Since 1975, no director has managed to come up with a new version of the Carmen. However, in the present day, director and playwright Moses Kaufman has decided to come up with a team to bring out the new version of Carmen. The task existed and took the name Laramie Project. It comprises of Auturo O’Farrill, who is a composer and won the Grammy awards. He is working together with Ronald K Brown who is a choreographer together with Henry Fonte, a producer (Dolen). They have assimilated their cast to comprise of many professional and student actors to feature in the new version of the play. The opera made its first appearance at the Jerry Herman Ring Theatre, which is located at UM, Coral Gables campus set at 8p.m. on Wednesday. It ran until November 23rd. The plot has however been altered in the new script and production. The role of Carmen has changed and she is not a Spanish beauty who works at a cigarette factory located in 1820 Seville as in the original production of the opera. The setting, through the directors of the script, takes place in Cuba, 1958. The music of the play comprises of Afro-Cuban ascent. In the current opera, which also has a slightly twisted theme setting has changed the roles which are played by the characters of the play (Currie & Horbart 15). Carmen in the plot practises Santeria. She works in a cigar factory, an element that makes the original Carmen and the latest have a marked similarity (Dolen). However, she assists the rebels hiding in the mountains by smuggling guns for them. She also has a