Accouting Speech or Presentation Example | Topics and Well Written Essays - 1000 words

Accouting - Speech or Presentation Example The formula to calculate dividend yield ratio is dividends per share divided by market price per share. Dividend yield ratio = $1.50 / $60 = 2.5%. d) The price-earnings ratio is an index that shows whether a stock is relatively cheap or expensive in relation to its earnings. The formula to calculate the price-earnings ratio is market price per share / EPS. Price-earnings ratio = 60 / 7.8 = 7.69. The book value per share is lower than the market value per share by $20. This figure does not necessarily reflect that the stocks of the company are selling at a bargain price. The book value per share reflects the amount that would be distributed to investors if all assets were sold at their balance sheet values after paying off the creditors. a) The current ratio is calculated dividing current assets by current debt. Current ratio = 1,120,000 / 600,000 = 1.87. The current ratio shows the ability of a company to pay off its current debt. A general rule for the current ratio is that if the ratio is above 1.0 it is good. The company is in a good position to pay off its current debt. The current ratio of the firm is below the industry average of 2.1. b) The quick acid ratio is another solvency metric. It is calculated similarly to current ratio with the exception that inventory is deducted from the numerator. Quick acid ratio = (1,120,000 – 610,000) / 600000 = 0.85. The quick acid ratio of the company is below the industry average of 1.2. e) The debt to equity ratio is a measure of the amount of assets being provided by creditors for each dollar of assets being provided by the stockholders (Garrison, et. al.). The ratio is calculated by the following formula: total liabilities / total equity. The purpose of the ratio analysis performed was to determine whether Stephens Company qualifies for a $500,000 loan. The broad profitability of the company is a little lower than the

Influence of culture and religion on the development of science Essay

Influence of culture and religion on the development of science - Essay Example Although we are often willing to acknowledge our debt to the ancient Greeks for giving us the basics of modern science, we are less likely to even be aware of our debt to Islam for preserving and building upon the knowledge the Greeks had developed. Far from working to suppress the development of science, it was the religion and general culture of the ancient Greeks and Muslims that helped shape the development of modern science. The religion of the ancient Greeks had a significant impact upon their view of how society should operate. With a Pantheon of Gods on high, each having his or her own specialty, participating in regular meetings to discuss what’s right and wrong with the world, it was not unusual for the Greeks to have a more diplomatic democratic society. They considered their gods to be very much like themselves but with greater powers to control the elements around them. It was important to keep them happy if one wanted good weather for productive crops or healthy livestock and a plague in the land could be an indication of a god unhappy with a particular ruler or policy. The people took their clues about what was necessary to keep the gods happy from the stories and legends that were told about them. When that wasn’t sufficient, they made it a habit to consult an oracle (Martin, 2006). This questioning of the mysteries eventually led to greater efforts to foretell the future and to guess the will of the gods. This required careful observations, study and training which eventually led to the development of scientific thought. By the end of the Greek period, many significant achievements had been made in science and philosophy. Greek thinkers had gained a view of a universe in which the world was round and participated in an intricate dance through the heavens with other bodies named after the gods they revered. Sophistication in mathematics led to the development of geometry which enabled the ancient Greeks to