Financial Reporting and Analysis Assignment Example | Topics and Well Written Essays - 1250 words

Financial Reporting and Analysis - Assignment Example 2) Non-cash items usually include those items which do not include the transfer of money. The most feasible way for adjusting non-cash items is by adding the same form the net income of the firm (Hung, 2000). 3) The stock market participants were able to predict the fall in the revenues of Charter. As a result the company’s stock prices began being priced low by the stock market forces. A low price allocates a low level of dividend (Berk & DeMarzo, 2013). A low share price allocation also helps a firm to attract a large number of small investor (Rioja & Valev, 2004). However a declining share price also indicates a firm’s low revenue which also repels a number of investors who expect growth and rising dividends (Chandra, 2005). The financial performance of airlines industry is generally analyzed on the basis of return on equity (ROE) or return on assets (ROA). The airline industry is immensely capital intensive and profitability is usually measured on the basis of returns available on equity or assets. Accordingly it is seen that the ROA for the airlines industry on an average is around 9.8. From the given data it is seen that firm 6 incurs a ROA ratio of 9.95. Hence this firm belongs to the airlines industry. Banking firms puts special emphasis upon the returns from operations. Hence net margin is usually one of the critical parameters for judging the efficiency of the firms in this sector. The banking industry usually incurs a net profit margin of 16. From the given data set, it is seen that firm 9 has a net profit margin of 12.82. Most brewery firms analyze their financial effectively by analyzing the gross margin ratio. Breweries usually have a gross profit margin of 60. From the given data it can therefore be analyzed that firm 8 has a gross profit of 60.21. Hence firm 8 belongs to brewery industry. Departmental stores usually experience a very high level of liquidity and hence

The History of Community Policing Research Paper - 1

The History of Community Policing - Research Paper Example In looking for the key variable that provided the cohesiveness and viability to the concept of democracy, Alexis de Tocqueville identified the abundance of voluntary associations (Trojanowicz, 1982). It is likely that American judges, attorneys, and police officers of the 1800s and 1900s had a good sense of values of community, the decisions required relative to crime and social control, and the resources required to maintain the community in a healthy state (Tocqueville, 1961). Democratic ideological fears of adopting an institution from monarchical Europe helped ensure that local political repre ­sentatives would control American police departments. This local control eventually resulted in the misuse of police agencies by politicians and corruption flowed over into police departments (Miller, 2000). The first American police department to advance beyond the night watch concept and organize along the professional lines of Peel's model was the New York City police department in 1845 (Fogelson, 1977). Since the 19th century the United States has seen three specific periods of policing methodology that have been predominately, but not exclusively, directed at urban areas. The majority of information that has been learned from researchers has come from studies that have focused on large metropolitan police departments that were the first to implement these programs (Maguire et al., 1997). These three periods of policing strategy include: the political era, the reform era, and the community problem-solving era.