A Financial Ratio Quarterly Trend Analysis of Nike, Inc.

A Financial Ratio Quarterly Trend Analysis of Nike, Inc. Stock Symbol: NKE Listed on the New York Stock Exchange In Partial Fulfillment of the Requirements of the Course: FIN 6406 Report Completed By: 1. Introduction A financial ratio quarterly trend analysis was completed to provide the reader with a clear assessment of the financial health of the company: NIKE International. Just knowing that this company chose a symbol that references the winged goddess of victory seems to have been a premonition for the designer of the ‘swoosh’ as well as the founder, Phil Knight, of NIKE. (Hinker,) Our team chose this corporation to analyze NIKE’s financial data because: †¢ NIKE is easily recognizable as a financially strong company after†¦show more content†¦|Q1 |Q2 |Q3 |Q4 |ANNUAL | |Inventory Turnover Ratio |2.35 |2.36 |2.14 |2.16 |2.27 | |Fixed Assets Turnover Ratio |2.63 |2.63 |2.63 |2.63 |2.63 | |Total Assets Ratio |1.41 |1.47 |1.34 |1.4 |1.41 | |Asset to Equity Ratio |1.48 |1.45 |1.45 |1.46 |1.46 | |Profitability Ratios |Q1 |Q2 |Q3 |Q4 |ANNUAL | |Return on Assets Ratio |15 |15.7 |12.8 |14.5 |14.2 | |Return on Equity Ratio |22 |23 |18.6 |0.05 |20.7 | |Profit Margin Ratio |10 |10.8 |9.4 |10.3 |10.2 | |Basic Earnings Power Ratio |18.3 |21.8 |16.9 |19.4 |19.1 | |Earnings per Share Ratio |1.06 |1.14 |0.94 |1.08 |1.06 | |Debt Ratios |Q1 |Q2Show MoreRelatedNike Financial Analysis2495 Words   |  10 PagesNike Financial Analysis Nike  is a company that has thoroughly embedded itself into the psyche of people around the world. 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Chapter 3 - Financial Statements The Balance Sheet Chapter 3: Balance Sheet – QuestionRead MoreComplete Project on Nike16139 Words   |  65 PagesA SUMMER TRAINING REPORT ON MARKETING STRATEGY OF NIKE AT â€Å"NIKESHOES INDUSTRIES LIMITED† SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF BACHELOR OF BUSINESS ADMINISTRATION (BBA) TRAINING SUPERVISOR SUBMITTED BY SESSION 2005-2008 ACKNOWLEDGEMENT The present work is an effort to throw some light on Marketing Strategy of Nike at â€Å"Nike Industries Limited†. 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Internet and Traditional Books Free Essays

I. Title Library vs. Internet II. We will write a custom essay sample on Internet and Traditional Books or any similar topic only for you Order Now Introduction Students are often unable to distinguish appropriate from inappropriate resources. If the information is not available on the internet, it does not exist for them. Librarians and faculty express concern that students do not know how to adequately evaluate the quality of information resources found on the internet. Both  web-based  and traditional  library  resources are useful when conducting research. Each have their own particular strengths and weaknesses. Conducting research is something that every student will eventually have to do. Research projects are done in English class, in foreign language class, in social studies class and in science class. The sooner students are able to master the skills required for conducting research the better off they are going to be. The two most common places to find resources for research projects are in the library and online. Many thousands of web pages exist, comparing the advantages and disadvantages of using the Internet instead of a traditional library. Many of these are personal opinions, with the authors ranging from commercial sites to professional organizations. By limiting their research to the internet, students are ignoring the books, journals, databases, full-text digital resources and other scholarly materials provided by the library. In many academic libraries, use of print resources is decreasing. Use of video and other media appears to be increasing. Ignoring library resources in lieu of web resources may imperil the quality of student learning. You may find instructors who do not allow their students to use web resources in class projects for this very reason. Faculty can have an enormous influence over student choices for research resources. However, the Internet and the Web should not be disregarded as valuable research tools. With proper training and cross-referencing, both can be highly effective and efficient means by which students locate information. As computers are becoming more common in schools and homes, students and teachers are becoming more computer literate and Internet literate. The library is the traditional place to conduct research for a school research project. Libraries contain a large collection of books, periodicals and multimedia resources. They also have live people there called librarians who are available to help you find the information that you need. Libraries also give you the opportunity to read hardcopies of the reference materials that you use and they have photocopying machines available to students so that they can take home a copy of the information that they need. Libraries are established for the systematic collection, organization, preservation and dissemination of knowledge and information. It is very important for man to preserve and maintain the valuable knowledge and information contained in the books and documents because we want to preserve our knowledge and wisdom for the coming generations. By preserving the documents in a library this knowledge can be made available to others so that they can benefit from it. Establishment of libraries is not a new concept. The oldest library dates to around 2700 years ago in Sennacherib’s Palace in Nineveh which shows how long ago the concept of leaving a piece of your wisdom behind started being formed into the organized collection to preserve the work. While libraries are wonderful resources for a variety of reference materials, they do have a few limitations. First of all libraries are not usually open 24 hours a day seven days a week. This means that your access to the research materials is limited to the hours of operation of the library. Secondly, the books in a library can be somewhat out-of-date, particularly in smaller libraries. Finally, libraries can be crowded and access to reference materials, computers and other pieces of equipment can be limited by the number of people who also need to use those items. Internet research  is the practice of using the  Internet, especially the World Wide Web, for  research. The internet is widely used and readily accessible to hundreds of millions of  people  in many parts of the  world. It can provide practically instant  information  on most topics, and has a profound impact on the way  ideas  are formed and  knowledge  is created. The Internet solves many of the problems associated with conducting research in a physical library. First of all students have instant access to reference materials 24 hours a day seven days a week. Students also do not have to travel to get to the reference materials that are found online. This means that they can find references for their research project any time and it also means that they can access these references from anywhere that has a computer an Internet access. Finally, the Internet provides students access to multiple databases and sources of information, many of which are not going to be found in a library. Common applications of  Internet researchinclude personal research on a particular subject (something mentioned on the news, a health problem, etc. ,  students  doing research for academic projects and papers, and  journalists  and other  writers researching stories. It should be distinguished from  scientific research  Ã¢â‚¬â€œ research following a defined and rigorous process – carried out on the Internet; from straight forward finding of specific info, like locating a name or phone number; and from research  about  the Internet. Co mpared to the Internet, print physically limits access to information. A book has to be identified, then actually obtained. On the Net, the Web can be searched, and typically hundreds or thousands of  pagescan be found with some relation to the topic, within seconds. Just like a physical library the Internet has research limitations. The first limitation is based on the student’s ability to access a computer, electricity and Internet access. The second problem is that not all information found online is good information. There are a lot of websites that have inaccurate and incomplete information. These problems can be overcome by focusing research efforts solely on websites that are run by government or other authoritative organizations or by using databases that hold peer reviewed journals. Many predict that the digital age will wipe public bookshelves clean, and permanently end the centuries-old era of libraries. As libraries’ relevance comes into question, librarians face an existential crisis at a time when students need them the most. User demand is ever increasing and putting a great pressure on the librarians. Therefore, there is an imperative need for the modernization of libraries in order to keep pace with the modern times. The new challenges in the field of Library and Information Science can be met by adopting the process of digitization and networking. In the present age the Librarians have to face many problems due to the limitations of time and space. User satisfaction is the main objective of a good library. It cannot be achieved without adopting the modern tools and techniques rendered available by the modern technologies available in the field of Information and telecommunication. These developments have led to the creation of Digital and Virtual Libraries, which have great advantages over the traditional libraries. Therefore, digital libraries are becoming popular due to the advantages and facilities, which are offered by them to their users. III. â€Å"Accuracy is another area where the Internet information and library information are dissimilar. Before information reaches a library, it is filtered in three ways: (a) it is written and/or issued by an authoritative source such as the federal government or a reliable organization; (b) it is authenticated as part of an editorial or peer review process by a publisher; or (c) it is evaluated by experts, reviewers, or subject specialists/librarians as part of collection development (Brandt, 1996). In a library, the information is then selected, reviewed again, evaluated, and catalogued. The information is selected for specific purposes and specific reasons to be included in a section. Information on the Web has no evaluation criteria. Anyone can publish anything on the Web. It is important that teachers and students do not take information found on the Web at face value. Facts and figures should always be cross-referenced with other resources. † — http://www2. hawaii. edu/~nguyen/web/literature1. htm How to cite Internet and Traditional Books, Papers

Fads in the 1940s Essay Example For Students

Fads in the 1940s Essay FADS OF THE 1940SDuring the 1940s, growing up in the United States of American became more complex. Technology provided new interest and amusements. The Great Depression and two world wars touch young peoples lives. Still some things did not change. Going to school and having fun were the only thing that children had to worry about. As the economy grew, many Americans were able to buy goods that were consider luxuries. Base ball continued to be a favorite sport of the Americans and with the National league out is was a hit in the 40s. During Warner Brothers first decade, its typical motion pictureoften a relatively low budget, extremely fast pacing, and a working class setting characterized a musical, a gangster film, or a film biography. Chuck Jones was an American motion-picture animator, writer, director, and producer, known for his work on many classic animated films. He was the creator of Bugs Bunny, Porky Pig, and Daffy Duck. In the early 1940s DC continued to innovate and to i ntroduce new superheroes. These included the Flash, who had superhuman speed; Green Lantern, whose magic ring of green meteorite gave him the power to shape energy; and Wonder Woman, an Amazon possessing superhuman strength and speed as well as the ability to deflect projectiles. Now with all these luxuries appliances on sale for a cheap price they were found every where in the states. Now there were refrigerators, electric toasters were only some of the appliances. The product that probally was the greatest effect on american life was the television set. In 1946 only about 17,000 television sets existed in the entrie country. In the 50s, almost 7 million set were sold each year.

Korean Immigrants and Refugees in New York

The Korean population in the US is about one million (U.S. Census Bureau, 2000). This is an increase of 1500 percent since 1970 (U.S. Census Bureau, 2000). Advertising We will write a custom assessment sample on Korean Immigrants and Refugees in New York specifically for you for only $16.05 $11/page Learn More The Korean immigrants and refugees are concentrated in cities such as Los Angeles, New York, Chicago, San Francisco and Washington DC. New York is the second largest city with Korean population after Los Angeles this is attributed to its earliest link with early immigration of Koreans in the US. In New York, they are mostly found in Northern Boulevard, Flushing and Great Neck. Besides, they concentrated on Union Street on 35th and 41st street avenues in Flushing. Today, Korean population is the seventh largest population in the US (U.S. Census Bureau, 2000) Historical Background The Koreans migrated to the US in three consecutive phases. The early immigrants settled along the West Coast of the US. Mostly, they came to the US as students and farmers. Between 1905 and 1964, among the 600 Korean immigrants that moved to the US were composed of Korean political refugees who rebelled against the Japanese influence in Korea. They attended universities in Columbia, Princeton and New York. The second phase of Koreans to immigrate to the US occurred in 1950 to 1953, this was after the Korean War. It was prompted by strong Korean and US ties (U.S. Census Bureau, 2000). The second phase noted more than 15,000 Koreans immigrate to the US. Similarly, the Hart-Celler Act, which the US government enacted in 1965, creating a maximum of number of immigrants at 30,000 per country, further encouraged the immigration of Koreans to US (U.S. Census Bureau, 2000). By 1976, the Korean immigrants to the US reached the maximum limit of 30, 000 per year, this limit was maintained by the Koreans through 1980s. From 1980s to 2007, the number of Koreans immigrants in the US had increased. Critical to note about the Korean population in New York is the challenge of mental health. Depression among this population has increased steadily since they immigrated to New York; hence, it has affected their general health. Culture and cultural practices has created the acculturation stress which has amplified diagnosis of depression among the Koreans immigrants and refugees in New York.Advertising Looking for assessment on social sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More Acculturation stress appoints to the difficulties a person faces while adapting to the daily tasks in a foreign environment (Jang, Kim Chiriboga, 2005). Korean population has to learn new language, deal with limited employment opportunities and face intergenerational cultural conflicts within the family. These sources of acculturation stresses have contributed to depression. Immigration stressors such as the loss of fr iends, disruption of extended family networks, traumatic journeys involving risks has played a significant factor for prevalent of depression among the Koreans immigrants and refugees in New York (Jang et al., 2005). Challenges of Koreans immigrants and refugees in New York Stigma towards depression is common. Koreans view that the presence of depression is a sign of weakness on the part of an individual, causing a sense of shame for an individual and the family (Karger Stoesz, 2010). Because of this factor, they feel reluctant to seek Western mental health services until they exhaust all other avenues of intervention (Hovey, Kim Seligman, 2006). This has complicated early intervention of depression. The Koreans seek specialized treatment when depression has advanced than was originally recognized by the individual. The challenge of differing levels of acculturation within the household has been cited by Kim, Kim and Kelly (2006) as a source of stress contributing to depression for immigrants and their families. Korean parents embrace Korean language whereas their US born children speak English with little Korean, thus, language barrier within the family has contributed to family conflicts. Also, the conflict of value difference has increased family suffering and individual psychopathology. Most Korean parents value education, social status, hard work and family ties (Hovey et al., 2006). On the other hand, their children are more interested in American mainstream values. These opposing conflicts have, in way, contributed to depressions among the Korean immigrants and refugees in New York (Karger Stoesz, 2010). Kim et al (2006) note the Korean population in New York has the lowest coverage of health insurance among other races in the US. Hence, this has had a far reaching implication on their mental health status. Although few Koreans work in highly specialized professions, majority of Koreans are self-employed and working in small businesses. Advertisin g We will write a custom assessment sample on Korean Immigrants and Refugees in New York specifically for you for only $16.05 $11/page Learn More These businesses do not guarantee employment based insurance; hence, many of them fail to access state sponsored health insurance schemes. These assertions complicate access to healthcare services through which intervention of depression would have effectively been handled. Strength of Korean immigrants and refugees in New York Despite the mental health related problems, Korean immigrants and refugees have strong family and shared values. Family and shared values help them maintain their emotional status, coping strategies and interpersonal relationship. Similarly, Koreans base their cultural orientation on Confucianism which emphasizes harmony in family and interpersonal relationship. In this context, sacrifice and patience of oneself is critical to family and interpersonal harmony. The Korean community churc hes play a critical role, it helps the Koreans achieve cultural, spiritual and social needs, of which are important in averting depression. The Koreans meet and maintain interactions with fellow Koreans besides helping them to preserve Korean language and culture (Kim et al., 2006). Moreover, the church provides vital information and other services for prospective immigrants so as they are better prepared in adjusting to the life in the US. Thus, these initiatives have been critical in reducing depression among them. Policies Affecting Korean immigrants and refugees in New York The challenge of medical cost sharing in state medcaid program has had far reaching effects on Koreans. The US government has advocated for this policy to enhance quality and efficient services in state run healthcare facilities. Medcaid is a policy where a person is required to pay out of pocket for medication. It occurs in a form of co-payment or copay. Cost sharing transfers the costs of healthcare to pa tients. This action has affected Koreans, particularly those with ongoing health problems or severe depression problems. Similarly, the US government implemented the Mental Health Parity Act in 1996. This act supports financial equity for lifetime mental health reimbursement and compels uniformity treatment limits. It also expands all equity provisions to dependence services. Although the act has been successful over the years until 2008 in providing financial equity, many insurance firms have used flaws in the act by applying disparate co-payments or fixing confines on the duration a patient spent in out-patient and in-patient treatment.Advertising Looking for assessment on social sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More Impact of the Policies on Korean immigrants and Refugees Positive implication of the policies The cost sharing in state medcaid programme has positively transformed salaried Koreans who suffer from depression illness. Through this plan, Koreans are able to pay half of the cost of treatment while the rest is paid for by the state. On the other hand, Mental Health Parity Act has provided financial equity for Koreans who suffers from depression. This policy has ensured parity in disbursement of funds to all US citizens with mental illness. Negative Implications of the policies The policy of cost sharing has affected Koreans significantly. This is because many of them are not actively involved in active formal employments or are not salaried. Therefore, the policy has stressed the Koreans to an extent that those with acute depression complications are compelled to abandon medication, thus, this has amplified the severity of depression on this population. Similarly, the policy has burde ned the vulnerable patients, hence, reducing adherence to medications for depression conditions which ultimately has contributed to poor health outcomes and high costs. Though the Mental Health Parity Act has been instrumental in assisting Koreans access affordable mental healthcare, flaws in the act has made insurance firms to benefit on their behalf. Policy Gap These policies have failed to address Koreans plights in term of understanding their cultural barriers to mental health services, hence, this has resulted in what Hovey et al (2006) call a ‘cultural gap’. The policies formulated should aim at bridging this gap so as to break the stigma surrounding depression within this population. Policy Recommendation Language barrier has hampered communication between Koreans and healthcare givers in addressing depressions on Korean population (70 percent of Koreans speak Korean at home). This has augmented the severity of depression. A policy that will enhance communication will be significant in allowing Koreans with depression challenge to articulate their problems (Kim et al., 2006). Perhaps, the services of interpreters will prove useful in this case. Presently, Koreans face barriers because of lack of information on public programmes such as insurance cover and medcaid. Hence, engaging them directly through affordable and culturally sensitive healthcare options will be useful. Policy Advocacy A policy that encompasses mental needs of Koreans will provide an efficient way in which Koreans can augment their problems. Therefore, to come up with a working policy, all stakeholders need to be involved. Also, Korean immigrants and refugees should identify themselves as part of the American citizens and commit towards addressing the depression as it pertain to them. The issues presented should be brief and factual besides being supported with relevant statistics. This will allow relevant legislations to be enacted. Conclusion Depression has been a major issue of contention affecting the Korean population in New York. Factors such as stigma associated with depression, differing level of acculturation and lack of insurance cover has been noted as contributory factor for the cause of the illness. Despite these challenges, Koreans shared family values and the contribution of community ethnic churches has been significant in sustaining their strength and coping with the challenge. To ensure access to quality health care, the government has tried its best to come up with policies which can aid in preventing mental health problems among the Koreans. Although policies such as cost sharing in state medicare and Mental Health Act has played a critical role in guaranteeing Koreans access the needed intervention of the illness, their high cost and flaws associated with them has augmented the severity of the disease. Thus, policies which grants parity and inclusiveness will be vital in assisting them access quality healthcare and ensure a heal thy population References List Hovey, J. D., Kim, S. E., Seligman, L. D. (2006). The influences of cultural values, ethnic identity, and language use on the mental health of Korean American college students. Journal of Psychology: Interdisciplinary and Applied, (140), 5, 499-511. Jang, Y., Kim, G., Chiriboga, D. (2005). Acculturation and manifestation of depressive symptoms among Korean-American older adults. Aging Mental Health, (9),6, 500-507. Karger, H.J., and Stoesz, D. (2010). American Social Welfare Policy: A Pluralist Approach (6th Edition). Boston: Allyn and Bacon. Kim, I. J., Kim, L, I. C., Kelly, J. G. (2006). Developing cultural competence in working with Korean immigrant families. Journal of Community Psychology, (34), 2, 149-165. U.S. Census Bureau. (2000). Population Census. Washington, DC: United States Department of Commerce. This assessment on Korean Immigrants and Refugees in New York was written and submitted by user Sue Storm to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.