daily basis versus carpooling W r i t i n g
I used footprintcalculator.org to calculate my ecological footprint. The results were 7.1 global hectares for ecological footprint and 12.1 tonnes/yr for my carbon footprint. It said if everyone lived like me it would need 4.5 earths which is pretty shocking. Factors that may have an effect on this is driving and flying a lot, consumption of processed foods, and home/energy use. I driving to work by myself on daily basis versus carpooling. Living in the Tampa Bay area, I don’t know of many people that carpool so its seems pretty normal but I can see where that may leave more of a footprint. I never use public transportation or ride a bike to any destination unless it was just a family outing on a trail somewhere. We try to purchase more energy efficient appliances for our home but do not use other types of energy other than electricity power. It would be more helpful and would reduce our footprint if we converted to solar power for our home especially living in Florida with lots of sun. Another consideration would be when purchasing cars to make sure its environmental friendly and energy efficient. I think my footprint is average compared to the those living in the city within the U.S. The cities particularly are more congested and consumption and waste may tend to be higher than other parts of the country.
The financial state analysis is having to use financial statement data that makes judgements on business’s financial condition. There are different techniques that is used in financial condition. One of this techniques is using ratio analysis. Financial statement analysis does focus on data that is contained in a business’s financial statements. This is also applied on historical data; this shows results of past managerial decisions. Financial statement is used by managers to assess current conditions which also helps to plan. The problems associated with financial statement analysis it fails to deliver awareness of operational causes of that condition. The limitations of financial statement analysis are having a large health service business that operates on a number of divisions in different lines of business. This is a problem due to financial state analyses being more useful for providers that have single service lines than a large, multiservice company. The financial statement analysis does use data that is found in business’s financial statements with assess financial condition. The operational analysis that uses data typically are not found in financial statements. Which provide information on why a firm is in a given financial condition. Ratio analysis is also a technique that helps with interpreting data that is contained in financial statements. The two data elements are to create a single value with economic meaning that can be easily interpreted. Profitability ratios are effects of liquidity, asset management, and debt management on operating results. The profitability ratios are subdivided into margin measures and also return measures. Liquidity ratios specifies the business’s ability that is meet in short-term cash obligations. Asset management ratios does measure on the effeteness managers us the business’s assets. Debt management ratios range from the firm financed with debt. This is categorized as capitalization ratios and coverage ratios.