Monday, December 30, 2019

The Political Context Of Sociology - 1118 Words

In his book, The Political Context of Sociology, Leon Bramson ( analyzes European theories of the mass and mass society. Bramson cites Wihelm Vleugls excretion that â€Å"not only do different authors associate different concepts with the word ‘mass’: often the same author will use the word to designate different concepts (p. 29). He says that the variety in concepts of â€Å"mass† is due to the historical changes in political groups and the extension of rights and powers to a larger citizenry in a post revolution Europe. With the victory of the bourgeoisie in France and the industrial factory system the â€Å"masses† was now a term reserved for as a pejorative for a new class of people. As Bramson traces the history of the terms mass and mass†¦show more content†¦He continues that this perspective of 19th century sociology turned into the theory of mass society in the 20th century. This is highlighted by the individuality and loneliness of l iving in large cities, the impersonality of social relationships, and living an â€Å"urban† life that emphasized money and abstraction. However, mass society theorists â€Å"stressed the importance of a primary group†¦ and the physical proximity of the members† (p.32). Bransom says that the sociologists of the 20th century refined the formulation of mass society concerning the disorganization of society because of industrialization and the demand for equality by the masses. With this analysis of mass and mass society, one can make clear connections between Bransom’s (1961) work on defining mass society and Gramsci’s (1971) work on his concept of hegemony. First, the ideas Bransom’s (1961) presents that mass society’s focus is to bring down the established primary group is similar to the ways Gramsci (1971) talks about the working class within a hegemonic system. Under Gramsci’s concept, the ultimate goal is for the working class to be conscious of how their function within the state and to ultimately work to subvert the ruling class ideology. His notion that organic intellectuals rise to bring social awareness to others in their community is similar to Bransom’s (1961) highlighting the importance of small occupational groups and family

Sunday, December 22, 2019

Sexual Morality And The Catholic Church - 1180 Words

Sexual Morality and The Catholic Church All the feelings resulting from the urge to indulge in sexual impulses is virtually in everyone, as advertisements from burgers to any automobile can inform you. Along with that, the desire to glorify a divine being resonates within many as well. In early Abrahamic faiths, sex was commemorated as a source of holiness and sanctification when used in a proper manner. These proper manners consist of three points: 1. Only between man and woman (condemns homosexual partnerships) 2. The transmission of human life (condemns contraceptives) and 3. Solely within a lawful marriage. Therefore, it would be a struggle and somewhat contradicting to attempt in separating religion from sex. Christian fundamentalists argue that the act of sexual intercourse outside or before a marriage is considered to be unethical and morally wrong, with that they claim sexual acts are only to be carried out as a means for procreation, not pleasure. Religion has always played a significant role in what is deemed right or wrong pertaining to sexual acts, and although many may claim that revolutionary change has come within the church’s dealing on sexual morality, the Catholic church still strongly holds most of its traditional values. All sexual acts outside of marriage within the Catholic church are deemed as â€Å"†¦mortal sins, and never moral, regardless of intention or circumstance.† (Catholic Teaching on Sexuality) In a Catholics perspective, the holy bible tellsShow MoreRelatedThe Morality Of Female Contraception1735 Words   |  7 PagesThe Morality of Female Contraception The morality of contraception is subjective and heavily controversial among families, religious organizations, activist groups, politicians, and corporations. Contraception was first defined in the late 1800’s as the deliberate prevention of conception or impregnation by various techniques, drugs, or devices though contraceptive methods have been used and their morality debated for thousands of years. Raised in the Catholic faith, the teachings I have receivedRead MoreAugustine And Two Fathers Of The Greek Church1702 Words   |  7 PagesAugustine, and two Fathers of the Greek Church, St. Athanasius and St. Chrysostom (Interior of the Basilica.). Not far away, in the center of the crossed halls of Saint Peter’s and over the high altar sits the Baldachin, a giant bronze and gilt canopy with four twisting pillars. Decorated in olive and laurel vines with nude children at play and chasing swarms of bees to come to rest underneath the canopy at a golden dove, symbolizing , peace, victory in peace, purity and unity, and the Holy SpiritRead MoreContraception and the Catholic Church Essay1684 Words   |  7 PagesThe issue of birth control remains one of the most controversial issues within the Catholic Church dividing members at all levels including the clergy. The Roman Catholic Church for the past 2000 years has been a major opponent of artificial birth control (BBC). Pope Paul VI made a clear declaration on the use of birth control when he wrote ‘the Encyclical Letter ‘Human Vitae’ on July 25, 1968 which banned Catholics from using contraceptives (Pope VI). These important declarations demonstrate theRead MoreIn James Rachels’ Book, The Element Of Moral Philosophy,858 Words   |  4 PagesJames Rachels’ book, the Element of Moral Philosophy, he made interesting point in the fourth chapter. 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Notably, in these past several decades, an enormous amount of priests, along with various other ‘proclaimed’ Christians, predominantly waver with uncertainty, puzzled why they have sexual desires and totally unawareRead MoreThe Dilemmas Faced by the Roman Catholic Church Today733 Words   |  3 PagesDilemmas Facing Roman Catholic Church Toda y: The Roman Catholic Church has faced several dilemmas or challenges in todays society, particularly on moral issues. Most of the dilemmas that the Catholic Church faces today are rooted in its Roman traditions, doctrines, and dogmas. Some of these main dilemmas include concerns on whether to be more conservative or liberal in religious direction, how to deal with the pedophilia crisis, and how to tackle the shortage of priests. As these dilemmas haveRead MoreWho Cares About Haiti?1425 Words   |  6 Pagesincident, and their morally good intentions become bad, although their intentions were morally right. 2. 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Sex has become a symbol for pleasure and is no longer considered sacred in today’sRead MoreReligion : Wars Of Religion1140 Words   |  5 PagesReligion Before and after the 16 th century, religion was not a characteristic that one used to describe an individual but it was a way of daily life - incorporated into individual and family values, beliefs, and morals. The Church played an active and vital role in the community by offering educational opportunities, the stability of religious presence, and agricultural necessities. These attributes made religion and politics intertwined with no simple way for leadersRead MoreRam s Morality And Morality1356 Words   |  6 PagesCullen Lemieux Period 2 World literature Mr. Neely Ram’s Morality Many people struggle or debate over the topic of morality, and many people are mistaken as to who really judges what is moral or immoral. The only person who can decide whether an act is morally right or wrong is God. Within Slumdog Millionaire, there are many actions and ideas that can be considered morally good or morally bad according to the Christian views of morality. Ram Muhammad Thomas is debated over when it comes to the topic

Saturday, December 14, 2019

Original Writing Murder Story Free Essays

string(66) " relinquishing to the floor where I sunk into a bath of my tears\." You couldn’t imagine the feeling, hearing that your wife and children have been found slain. After hearing these words eight words, everything became a blur, I didn’t even hear what PC Maguire was saying I just stared, frozen to the to the carpet beneath me feet. Dead. We will write a custom essay sample on Original Writing Murder Story or any similar topic only for you Order Now My family, my girls, my beautiful girls gone. A feeling of sickness came over me, I was sick, over and over for about 20 minutes, I headed downstairs, avoiding the family photos which hung above the stairs hoping they would just disappear. Downstairs PC Maguire was sat waiting for me, he’d already told me how it happened but I couldn’t hear. On hearing the events again I ran back to the bathroom and was vomiting until there it felt like there was nothing left apart from my cold soul, then went back to staring just sat on my bathroom floor looking at nothing for hours by the time I finally went downstairs PC Maguire and his colleague had of course gone. They’d gone to my wife Maggie’s mothers for the weekend in Leeds, the last time I saw them I was rushing to get ready for work on Friday morning. Katie, my eldest was trying to get my attention she wanted me to read her a story before I left, I always read her stories before she went to bed and as I wouldn’t be with her at the weekend she insisted on one now, but I didn’t I was too busy flapping about trying find the paperwork for my meeting that afternoon, I kissed her on the forehead and my baby Abigail’s; gave my wife a hug and ran out the door. I regret so much not reading that story, not stopping and feeding Abigail, not telling Maggie I love her, I love her more than anything in this world. A teenager found them early Monday morning behind the newsagent on his paper-round route, huddled together battered and bloodied, they’d been there all night. The police think that Maggie had stopped to go into the shop for a pack of cigarettes, leaving the girls in the car not even for a minute, but someone had taken the girls and somehow they all ended up behind the shop where they were beaten to a pulp before being strangled to death. The police have no idea to who did it and neither do I. We can’t have a funeral yet due to the investigation but I’ve had to tell people, Maggie’s parents and siblings, my parents other people have found out through the local papers and hundreds of flowers have been left by the public against the shop, but it doesn’t stop the pain not even for a second. Not a minute goes by without me trying to work out who would have wante to cause such pain, and the awful feeling that it could be someone close, someone they knew and felt safe with, I’m racked with guilt, I wasn’t there to protect my own family. My family was and still is an odd one, maybe that’s why I wanted to have a ‘normal’ family. I never knew my Dad he left before I was born and my mother never got over it, apparently he left to be with another woman who he’d also pregnant with his rotten seed. I have one brother, always a bit of a bad boy it was no surprise when he landed himself in prison for G.B.H, I hadn’t seen him for over a year before he got sent down and haven’t seen him since, 4 years it’s a dam’ shame. although my mother has tried with letters I would rather not have him in my life, I didn’t want him in my family’s life to be more specific. We’ve tried to help him in the past; he even lived with us for a few months months, but 3 months down the line he just left, no note, no â€Å"good bye† just my wife’s peruse and children’s piggy banks and haven’t seen him since. As my family’s trauma was being splashed over local news the police investigation continued, the news-agents had only had CCTV inside the store, although England has turned to a camera heaven no CCTV had been installed behind the shop where my babies were found. I was then shown the tape in which Maggie was buying her cigarettes, the tape wasn’t very good quality, you couldn’t even make out my wife’s beautiful face.I could see the car vaguely through to open shop door. A man walked up to our family car with the girls inside opening the door picking up Abigail and taking her out of her car seat then walking away with Abby in his arms and Katie holding on to his hand. This made the police believe that the girls knew him and went willingly with him, he was wearing a hood and never looked toward to shop door so even with the bad quality we had no chance of identifying his face. Finally Maggie leaves the shop and stands motionless outside staring at the car then looking left and right; the tape came too much for me, I turned my head toward the wall, I clenched my fists, gripping onto the sweat running from each palm, equivocal emotions where in-caged within me; the instinct of anger couldn’t help but be fused with the pain of guilt as the Images of what happened that day begun toying with my imagination. The girls obviously knew this man to go off with him, which surely means I know him, the worst had come to reality; memories of a not so long ago time began whispering into my ear reminding me of what once used to be the family room, the anger started possessing me as my heart started beating against my chest faster and faster before relinquishing to the floor where I sunk into a bath of my tears. You read "Original Writing Murder Story" in category "Papers" The police could sense the animosity in the air and politely left. The pain slowly faded as I slowly drifted asleep on the living room floor. When I woke up I paced though my brain hacking into old memories to conclude who it could be, I start accusing my closest and dearest friends in my head, how could it be one of them†¦ how has this happened?! At that moment the doorbell rang. People had tried ringing all week but I haven’t felt the will to answer, I guess now I have to face the world once again and answer; there is a pile of notes scattered across the hall that people have posted through the letterbox. I open the door, and I’m shocked to the core, it’s him. I can’t speak or move, He tells me he has good news, I hope he’s telling me he’s finally gone clean; I politely invite him in, as he passes me the stench of memorable cigarette smoke drifts across my face, I look up and down his figure as he walks into the living room, a blood stained handle was peaking from his trouser back pocket, I briskly contemplated on what it could of been the object could of pressed against, I became cognizant of what was going on, anger which once was transfixed in guilt now seemed contradictory, once again evocative visions paced though my mind. I run at him swinging in every direction with all my might, it throws him but not much he was always the tougher one. Then I feel it, the sharp pain in my hip, I step back and see the blood flowing, but I can no longer feel it I’m numb. Before I can retaliate he has me gripped round the neck, knife to my throat and before I know it I’m strapped in a chair duck tape over my mouth, around my hands and feet and also around my stomach keeping me in the chair. My brother takes down his hood and gives a wicked grin, ‘Hello Daniel’ he whispers in my ear. I struggle in my chair and he just laughs, ‘Poor Danny, you were always the superior one weren’t you, well look at you now! You have nothing; no one’s coming to your rescue are they Danny? You’re Alone.’ He takes great pleasure in me what I know to be true, all the time waving his blood soaked knife around. ‘It’s a shame what happened to those little kiddies isn’t it Danny? Such beautiful girls just like Maggie.’ He says licking his lips menacingly. I want to scream, I wanted to shout words which I’ve never used since my youth, but I can’t so I just continue to struggle in my chair hoping to loosen the tape. ‘What about Katie? Looks an awful lot like Maggie doesn’t she? Not so much like you though Daniel, that’s odd isn’t it?’ My wrists are starting to bleed from the firmly fastened tape but I can’t feel it, my clothes have turned crimson. What is he saying? ‘Remember that lovely few months I spent here with you Danny? You were trying to get me on the straight and narrow weren’t you? You were so stupid, while you were busying yourself getting me on this course and that course you had no idea what was going on right here did you? In this house, in your bed, with your wife.’ My hands were freed and I ripped the tape off my mouth ‘Maggie would never go anywhere near you, your scum!’ I screeched. ‘Well of course she resisted, but she loved it really†¦every time.’ He said slowly right in my face. I punched him. He stumbled backwards holding his jaw before chuckling to himself. ‘You idiot Danny, Katie, she’s mine, or should I say she was ha’ he laughed. ‘No no no no no NO!’ I said it over and over trying to grab at him but the rest of me was still fastened tightly to the chair. He then explains in detail every encounter he had with my wife, my precious wife raped by a monster in my home and I knew nothing all the time I’m screaming no over and over my face soaked with tears. But I knew it was true, Maggie kept asking me to make him leave and I wouldn’t because I wanted to help him, she was on edge the whole time and I just thought it was because she didn’t like him. She wanted a new bed but I said no and I remember that when he’d fled with our rent money she seemed so relieved. How could I have not known? ‘I thought about her every day in prison, I loved her I wanted to be with her and my daughter. So of course when I got out she was my first stop, but she wouldn’t talk to me when I came to the house. It was a different story when I had your beloved children. But she didn’t want me, not nice is it Danny? When the woman you love doesn’t want you so I decided if I couldn’t have her, and Katie, you couldn’t either so I killed them.’ What about Abby? If you didn’t want Abby why did you kill her too?!’ I yelled. ‘It was unfortunate for her, she was just there’ he shrugged. This is when my anger took hold of my and I forced my way out of my restraints, I picked up the chair and struck him once, twice, three times. He fell to the ground and I stood over him, my foot to his neck ‘You sick bastard’ I cried then stood on his neck until he was gasping for air and clutching his throat, then he was gone. I fell to the ground beside him, I knew now that it was over for me too but I couldn’t move, my eyes closed blood still pumping from my hip, my time is here. 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Friday, December 6, 2019

Ratio Analysis of Ultra Electronics and Boeing - Sample Solution

Question: Describe about the Ratio Analysis of Ultra Electronics and Boeing company? Answer: About the companies: Both the companies under review belong to the industry of Aerospace and Defence. Ultra Electronics is the company that offers many of the generating highly differentiated solutions and solutions with the products in Defence and Aerospace, Security, Cyber, Transport and Energy market by applying the electronic and software technologies in demanding and critical environments in order to meet the needs of the customers. The company uses innovation to meet the different requirements of its customers and better than the solutions that are offered by its competitors. (Ultra electronics, 2015) Boeing is one of the largest aerospace company and a leading manufacturer of the commercial jetliners and defence, space and security systems. It is the top US exporter and the company supports airlines and the US and the allied government customers in more than 150 countries. The company offers its products and the tailored services that includes the commercial and military aircraft, satellites, weapons, electronic and defence systems, launch systems, advanced information and communication systems, and performance-based logistics and training. (Boeing, 2015) Introduction: Ultra Electronics increasingly uses its wide portfolio of the specialist capabilities that allows its highly differentiated solutions into the defence and aerospace, security and cyber and transport and the energy market sectors. It is this broad diversity that gives a good resilience to the financial performance of the company and goes onto provide the solid growth. During the last 12 months, the group has used the uncertainty in the US government funded market but the lack of clarity has resulted in the delays in the expected orders, approvals and payments. It is the continued fiscal pressures that results in the broader government funded markets, changing market dynamics that have tested the business model of the company. But the groups sustained investment and the constant focus on improving the operational efficiencies along with its inherent agility that has shown the model that it is robust and has positioned the company for growth during the times of the normal returns. (Ultra electronics, 2015) The revenue of Boeing increased by 6% during the year and recorded an amount of $86.6 billion with the increase of 20% in the core earnings per share. The earnings per share were recorded at $7.07. The core earnings were set between $7 and $7.20 whereas the GAAP earnings per share were set between $6.10 and $6.30. The revenue guidance were set between $87.5 and $90.5 billion. The chairman reported that the operating cash flow before the amount of pension were estimated to be $7 billion whereas the operating cash flows before the set at $6.25 billion. The fourth quarter results recorded an increased amount of the revenue and earnings along with an increased returns to the shareholders. The following is the graph for the 5 years: This report aims at discussing the various aspects and the indicators and ratios in respect of Boeing (which is the target company and is being compared with the Ultra Electronics) and then giving the recommendations as to how the same could be improved. Performance: In the end of the November, Boeing had employed about 82,500 in state of Washington, but this number has reduced from 3,900 from January 2013. Even then, the investors love the company. The orders and the backlog are very strong for the airliners. The sector of defence sector has not been hit by the market as was expected. The balance sheet shows a very good performance of the company. The company went on to raise its dividend by 50% and had also announced a $10 billion stock buyback. The dividend alone meant that about $2.16 billion worth of shareholders next year. (Seattle times, 2015) The legal disclaimers that are followed in the market are the legal disclaimers that included the marketing and advertising around the funds and other investments. The company enjoys a great track record in the area of business and it also inspires confidence about the performance in the future. The past financial performance of the company is very impressive. From the past 5 years, the group has indicated that it has a compounded annual growth rate of 16pn. The return of the shareholders includes the rise in the share price and the payments of the dividends. The company has also forecasted the rise of 11pc with the pre-tax profits with 23pc. The balance sheet of the company is robust with the net cash. The company enjoys the history of making the sensible strategic purchases work. The shares yield about 2.3 pc trading on the December 2011 earnings. (Telegraph, 2015) Cash flow statements: In respect of Boeing, the operating cash flows during the last quarter were $1.4 billion and this reflected the production rates of the commercial airplanes and strong core operating performance and the timing of the receipts and the expenditures. During the year, the company has repurchased the 7.6 million shares for $1billion and then paid .4 billion as dividends. On the basis of the strong cash generation and the outlook, the board authorized to pay an additional $10 billion share repurchase program and then raised the quarterly dividend of 50%. In respect of Ultra electronics, the notes of the cash flow statement shows that the company has incurred an impairment loss of $44,239 thousand during the year 2013. There is a significant amount of an increase in the receivables from $5,696 thousands to $43,144 thousands. There is a significant change in the cash outflow from the fall in the debt and the finance lease from $8898 to 521 thousands. Non-financial performance indicators: Ultra electronics: The company enjoys the portfolio of its specialist areas. The company concentrates on providing its customers with the capabilities and the systems by using the groups electronic and the software solutions of the niche markets in defence, transport and energy. The company focusses on the development of the specialist capabilities that provides the differentiated solutions in order to cater to the requirements of the customers. The company has about 150 specialist capability areas. The customer base of the company has widened and this allows its wide portfolio of the specialist capabilities to its customers around the world. The company is a supplier to a wide variety of different project offices, integrated project teams and the platform teams. It also caters to the larger number of different customers. The geographic footprint of the company has pursed the company in gaining an access into the second largest addressable defence budgets in the world. The US spends more on each of the defence each and every year than the rest of the countries when counted together. The majority of the acquisitions of the company has rather been been in North America. (Ultra electronics, 2015) Boeing: The company is all set to the core values that only define who they actually are and also, serve as the guideposts that helps the company in becoming it desires to be. The company takes a high road when it comes to practising the highest ethical standards and in honouring its commitments. It takes its personal responsibility for its own actions. The company strives for the first time quality and aims at continuous improvement in meeting the standards of excellence stakeholders that are expected from them. The company values the human life and health above anyone else and takes the actions according to the maintenance of the safety in the work places, products and the services. The company feels personally accountable towards the safety and collective responsibility for the safety of the people. In meeting the quality, costa and schedule, the safety is never compromised. The company values its skills, strengths and the visions and views of the diverse teams. The company foster the collaborative workplace and engages the employees where they find the solutions for their customers in order to fulfil their common business objectives. The company acts with integrity, consistence and honesty. They value culture, openness and inclusion in which each and every one is treated fairly and where everyone has an opportunity to contribute. The company is a responsible partner, partner, neighbour and citizen to the diverse communities and the customers that it serves. It promotes health and the wellbeing of the people their families and the communities. The company is very cautious about its environment. It volunteers and financially supports education and the other worthy causes. The company operates profitably and with integrity. The customers are provided with the best value innovation and with this, they achieve the competitive edge of their own markets and enables its employees to work in a safe and an ethical environment with a highly attractive and a competitive mix of the pay along with the benefits. The companys hares its ability of the future success and rewards its customers by maximising their wealth. The company conducts its business lawfully and ethically when it comes to their suppliers and helps in strengthening the communities all around the world. (Boeing, 2015) SWOT Analysis of Boeing: Strengths: The strengths of the company includes the fact that it builds the best products in the world and produces a variety of the products to meet the demand of the different customers. Weakness: The company spends a huge amount of money in research and development each and every year and this affects its earnings. The company has a huge amount pf pension cost. Opportunities: The company has very good image in the eyes of its customers and this makes the products of the company reliable. The employees drill around 18 million holes each year and this shows that the company has an opportunity to improve its performance and produce best quality products. Threats: This industry is best affected by the regulations and the contracts of the government and this is very uncertain. Ratio analysis: The following are the ratios that have been calculated. (Amounts in in thousands) (Amounts in $ in millions) Ultra electronics Boeing company Profitability ratios: Profit before interest and taxation 49281 6618 Equity and debt 393843 23069 Return on capital employed 12.51% 28.69% Net profit after taxes 38157 4585 Equity 321179 14997 Return on equity 11.88% 30.57% Net profit after taxes 38157 4586 Revenue 745154 86623 Net profit ratio 5.12% 5.29% Gross profit 221467 13430 Revenue 745154 86623 Gross profit ratio 29.72% 15.50% Need to improve Liquidity ratios: Current assets 334021 65074 Current liabilities 305795 51486 Current ratio 1.092303667 1.263916404 Current assets-stock 276247 22162 Current liabilities 305795 51486 Quick ratio 0.903373175 0.430447112 Need to improve Efficiency ratios: Inventory*365 21087510 15662880 Cost of sales 523687 73193 Inventory holding period 40.26739255 213.9942344 Need to improve Debtors*365 87569340 2389290 Revenue 745154 86623 Debtors holding period 117.5184459 27.58262817 Creditors*365 98516055 3466770 Cost of sales 523687 73193 Creditors holding period 188.120108 47.36477532 Need to improve Financial structure: Long term borrowings 72664 8072 Long term borrowings equity 393843 23069 Gearing ratio 18.45% 34.99% Profit before interest and taxes 49281 6618 Interest expense 9723 386 Interest cover 5.068497377 17.14507772 The following are the comparative ratios for the 3 years: (Amounts in $ in millions) 2013 2012 2011 Boeing company Profitability ratios: Profit before interest and taxation 6618 6352 5891 Equity and debt 23069 14940 13626 Return on capital employed 28.69% 42.52% 43.23% Net profit after taxes 4585 3900 4018 Equity 14997 5967 10018 Return on equity 30.57% 65.36% 40.11% Net profit after taxes 4585 3900 4018 Revenue 86623 81698 68735 Net profit ratio 5.29% 4.77% 5.85% Gross profit 13430 13142 12996 Revenue 86623 81698 68735 Gross profit ratio 15.50% 16.09% 18.91% Liquidity ratios: Current assets 65074 57309 49810 Current liabilities 51486 44982 41274 Current ratio 1.263916404 1.274042951 1.206813006 Current assets-stock 22162 19558 17570 Current liabilities 51486 44982 41274 Quick ratio 0.430447112 0.434796141 0.425691719 Efficiency ratios: Inventory*365 15662880 13779115 11767600 Cost of sales 73193 68556 55739 Inventory holding period 213.9942344 200.99065 211.1196828 Debtors*365 2389290 2046920 2114445 Revenue 86623 81698 68735 Debtors holding period 27.58262817 25.0547137 30.76227541 Creditors*365 3466770 3428810 3068190 Cost of sales 73193 68556 55739 Creditors holding period 47.36477532 50.01473248 55.04565923 Financial structure: Long term borrowings 8072 8973 10018 Long term borrowings equity 23069 14940 13626 Gearing ratio 34.99% 60.06% 73.52% Profit before interest and taxes 6618 6352 5891 Interest expense 386 442 498 Interest cover 17.14507772 14.37104072 11.82931727 Explanations: Return and risk: A risk is the likelihood that the expected return would be different from the actual return. Return can either be a loss or a profit. Profitability: Profitability is the potential of a business to yield gain or profit. Profitability is measured by the profitability ratios like profit margin, return on assets ratio, and return on equity ratio. Return on capital employed: Return on capital employed is the return that the company earns form the amount of money that it has invested in the business. The graph shows a downward trend which indicates that there has been a decrease in the % of the return on the capital employed. This is not good for the company. The main reason for the same were the increase in the profit and increase in debt and equity. Return on equity (ROE): ROE are the earnings that the company earns by investing the funds of the shareholders in the business. The more the return on equity, the better is the profitability of the business. It is arrived at by dividing the net income by the average of opening as well as the closing balance of the shareholders equity. The graph shows a downward trend which indicates that there has been a decrease in the % of the return on the equity of the shareholder. This is not good for the company. The reason for the same could be an increase in the net profit and increase in the equity. Profit margin ratio: It is the ratio that is expressed between the net income that is earned by a company and the sales that are affected during that period. It is arrived at by dividing the net income by sales. The graph shows the ratio to be at the same level. The reason for the same could be the increase in the net profit and revenues. There has been a reduction in the amount of the gross profit. The reason for the same could be the rise in the revenue but not the same level of increase in the gross profits. Current ratio: Current ratio is the measure that tells us as to what extent the current assets are able to pay off the current liabilities of the company. It is arrived at by dividing the current assets by the current liabilities. The graph shows an increase which is a good thing since the company will be able to meet its obligations easily. The reason for the increase could be the rise in the current assets and current liabilities. Acid test ratio: Quick or the acid test ratio is the measure to determine the extent to which the current assets, except inventory, are able to pay off the current liabilities of the company. It is arrive at by dividing the sum of cash, accounts receivables and short term investments by the current liabilities. The graph shows an increase which is a good thing since the company will be able to meet its obligations easily. The reason for the increase could be the rise in the current assets less inventory and current liabilities. Inventory turnover ratio: It is a measure that estimates the number of times a company replaces its inventory during a year. It is arrived at by dividing the cost of goods sold by the average of opening and closing inventory. When we divide the inventory by the cost of sales multiplied by 365, we get the number of days that are taken to convert the inventory into sales. The graph shows an increase in the number of days. This shows that the company is now taking more days to convert its inventory into sales. The reason for the same was increase in inventory and increase in the cost of sales. Accounts receivable turnover ratio: It is a measure through which the company estimates the number of times the company collects the balance in the accounts receivables account. It is arrived at by dividing the sales by the average of opening and closing accounts receivable. When we divide the debtors by the revenue multiplied by 365, we get the number of days that are taken to convert the accounts receivables into cash. The number of days have decreased which indicates that the company is able to convert its receivables into cash much faster now and therefore, enjoys a good cash position. Accounts payable turnover ratio: It is a measure through which the company estimates the number of times the company pays the balance in the accounts payable account (to its suppliers). It is arrived at by dividing the purchases made during the year by the average accounts payable. When we divide the creditors by the cost of sales multiplied by 365, we get the number of days that are taken to convert the accounts payables into cash. The graph shows a decrease which indicates that the company is paying off its creditors faster now. Gearing ratio: This is the ratio that shows the degree to which the firm's activities are funded by owner's funds versus creditor's funds. The more the ratio, the more riskily is the company. The gearing ratio of the company has deceased which indicates that the company is less risky now. Interest coverage ratio: It is the ratio used to determine the ease with which the company is able to pay off the interest on outstanding borrowings. It is arrived at by dividing the earnings before interest and taxes by the interest expense. The ratio has increased which is a good sign is since, it merely shows that the companys revenues are able to cover the interest. Conclusion and recommendations: The ratios that have been calculated above shows that the company has suffered a fall in its performance but it is able to cover its interest expense by more number of times. The company must focus on reducing its expenses. It must start looking for the ways through which the costs could be reduced by switching off to the less costly options that are available in the market but at the same time, must never compromise on the quality of the services and the products that it offers. The company must focus on increasing its profit amount since the financial reports shows an increase in the equity and debt only and no corresponding increasing at par with the profit margin. The company must concentrate on the ways through it can increase its profits since there has been a continuous increase in the equity but no corresponding increase in the profit. As the result, the ratio has reduced. The company must offer its customers discounts, payment options, etc. so that it can convert its inventory into sales at a much faster pace. References: Boeing.com, (2015). Boeing: Boeing in Brief. Retrieved 8 February 2015, from https://www.boeing.com/boeing/companyoffices/aboutus/brief.page Boeing.com, (2015). Boeing: Culture Values. Retrieved 8 February 2015, from https://www.boeing.com/boeing/aboutus/culture/index.page? Boeing.com, (2015). Boeing: The Boeing Company. Retrieved 8 February 2015, from https://www.boeing.com/boeing/ hsprod.investis.com, (2015). Annual report 2010. Retrieved 8 February 2015, from https://hsprod.investis.com/ir/ule/pdf/Annual_report_2010.pdf hsprod.investis.com, (2015). Annual report 2013. Retrieved 8 February 2015, from https://hsprod.investis.com/ir/ule/pdf/ultra-ara-2013.pdf Talon, J. (2015). Boeing's soaring performance in 2013. The Seattle Times. Retrieved 8 February 2015, from https://blogs.seattletimes.com/jontalton/2013/12/31/boeings-soaring-performance-in-2013/ Ultra-electronics.com, (2015). Ultra Electronics | Group overview. Retrieved 8 February 2015, from https://www.ultra-electronics.com/about-us/group-overview.aspx Ultra-electronics.com, (2015). Ultra Electronics | Welcome. Retrieved 8 February 2015, from https://www.ultra-electronics.com/ White, G. (2011). Questor share tip: Good time to invest in under-rated defense company - Telegraph. Telegraph.co.uk. Retrieved 8 February 2015, from https://www.telegraph.co.uk/finance/markets/questor/8635545/Questor-share-tip-Good-time-to-invest-in-under-rated-defence-company.html