Saturday, February 15, 2020

Mentor Essay Example | Topics and Well Written Essays - 500 words

Mentor - Essay Example Mr. Armstrong is the CEO and is a very casual person. He is on a first name basis with all the people in his company and prefers that people call him Jack. He dresses very casually and on occasion wears blue jeans to work. According to my friend, the VPs are basically number crunchers and don't get involved in the day to day decision making. They can be rather quiet and aloof, but she did tell me that they are very smart, good at their job, and will likely want to over analyze any information I give them. She also told me that Mr. Armstrong, the CEO, prides himself on running an open and upfront business. Though Mr. Armstrong runs an informal office, I plan to dress professionally. I don't want to assume his attitude towards formality and I plan to address him as Mr. Armstrong, at least until he tells me otherwise. I want to leave him with the feeling that our company takes itself seriously and we pay attention to our business. In line with this, I am having some pamphlets printed especially for this presentation. I have highlighted the innovations that our company plans to use to market distance learning and how we have created a niche market. There are several interesting graphical portions to the literature. The literature contains a detailed breakdown of our plans for financing.

Sunday, February 2, 2020

CVS Caremark Company`s Finantial results Research Paper

CVS Caremark Company`s Finantial results - Research Paper Example Similar increases and trends were seen in the net income of the company where a decrees was seen in year 2010 as compared to year 2009 followed by an increase in year 2011 where the reported net income was $3,461 million. The company’s debt to equity ratio in 2011 can be calculated as 24% which is reasonable when compared to industry average of 25% which means company have balanced structure of finance and is doing well. The current ratio of the company for year 2011 is 1.5 as compared to industry ratio of 1.6. The company is doing well when it comes to its liquidity position and seems to have enough cash resources cash dividends were also increased from 35 cents/share in 2010 to 50 cents/share in 2011. Further all the positivity in the financial results were reflected in an increase in the stock price of the company too which increased from $34.77 to $40.78 in year 2011 with an increase of 17.3%. The EPS of the company has also improved from $ 2.49 in 2010 to $ 2.59 in 2011 w ith an increase of 4%. Overall the company has a strong financial position with growth and stability in the company. (CVS Caremark. Annual Report 2011) Coinstar Inc. Financial Results: Coinstar Inc. ... ’s recorded revenue in year 2009 was $1,032 million, in year 2010 it increased to $1,436 million where an increase of 39% was seen and in year 2011 these results were increased to $1,845 million, with an increase of 28%. Similar increases and trends were seen in the net income of the company where an increase was seen in year 2010 as compared to year 2009 followed by an increase in year 2011 where the reported net income was $103 million. The company’s debt to equity ratio in 2011 can be calculated as 68% which is almost double when compared to industry average of 38% which means company relies too much on debt as a source of finance and doesn’t have a balanced structure of finance. The current ratio of the company for year 2011 is 1 as compared to industry ratio of 2. The company seems to have major cash flow issues which are evident from the non-payment of dividends and the increased debt to equity ratio which means the company is paying heavy finance costs. Ov erall the company is profitable but seems to have some concerning areas like cash flow issues due to using debt as source finance. (Coinstar Inc. Annual Report 2011) The CVS Company is a huge company as compared to Coinstar. The CVS has a strong financial status with billions of dollars of sales and large scale of operation while the Coinstar though has a lot of presence in many countries is also a profitable business. The revenues and reporting profits of both the companies are growing and it is always a wise idea to acquire a company with increasing revenues as is seen in Coinstar. The revenues of Coinstar are in much higher increasing trends as compared to CVS Company which shows the company has a lot of potential to grow sales. (Coinstar Inc. Annual Report 2011) Both the companies CVS and Coinstar are