Significant Life Events - Solution is Just a Click Away

Questions: 1.1 Explain the effect of huge life occasions on people? 1.2 Analyze conceivable gathering reactions to noteworthy life occasions that happen to one of its individuals? 1.3 Analyze the effect for others in wellbeing and social consideration when an individual encounters critical life occasion? 2.1 Evaluate the adequacy of authoritative strategies and techniques in supporting indviduals and their interpersonal organizations influenced by critical life occasions? 2.2 Explain how others in informal organizations may offer help to people experienceing noteworthy life occasions? Does The Intricacy of The Topic Intimidate You? Tame Your Fear with Unmatched Assignment Help Services from Professional Writers. 2.3 Evaluate the reasonableness of outer wellsprings of help for those influenced by critical life occasions? 3.1 Analyze conceivable authoritative reactions to the need to help people encountering a noteworthy life occasion? 3.2 Reflect on own commitments to the help of people experienceing critical life occasions? 3.3 Make proposals for improving tge bolster accessible in a wellbeing and social consideration association for people and their interpersonal organizations when influenced by noteworthy life occasions? Answers: 1.1: Impact of Significant Life occasions on people Life occasions can be considered as changes that happen in the life of a person in an unexpected and now and again in a sudden way for which the individual might not have been prepared and therefore may set aside some effort to manage it(Cook, 2006). In any case, it isn't obligatory that an actual existence occasion must be terrible and hence effectsly affect a specific person. A noteworthy life occasion can be a positive one too where the person in whos life the specific occasion happens might be emphatically impacted by the occasion by and large. Along these lines in this setting some life occasions can be attractive while others may not be alluring. Thusly, various occasions can have distinctive sort of effect on the individual and can be comprehended and clarified in different manners. The grouping of life occasions are done based on making a decision about precisely how much upsetting they are to one. This technique had been endeavored by Holmes and Rahe in the year 1967. Based on this model or kind of grouping, the existence occasions can be characterized or sorted into 40 unique classes. For instance, the dying of a friend or family member is entirely bothersome and can wind up having an awful effect in a people life. This is a sort of negative life occasion and it has the capability of making a ton of stress or pressure in ones life(Eldredge, 1998). Another case of this sort can be getting terminated from the expert field and along these lines turning out to be jobless which would bring about a lot of pressure in ones life. Yet, then again, the existence occasions like that of getting hitched, or being advanced, or having a child is very attractive and may affect ones life. In this manner the general effect of a real existence occasion on a particular individual is a lot of reliant on the kind of life occasion mulled over and hence may change from one to the next (Burton, Forsyth and Obel, 1989). 1.2: Analysis of Group Responses to Significant Life Events If there should arise an occurrence of a gathering reacting to a real existence occasion that has occurred in the life of one of its individuals, there are various reactions to various life occasions (Buto, 2004). In any case, it is nevertheless a typical piece of the conduct and reaction of the gathering, that the gathering consistently attempts to help its part and attempts to make the circumstance as ordinary as feasible for the person in question. If there should arise an occurrence of the bothersome life occasions, the gathering attempts to feel for the part is straightforwardly influenced by this life occasion and the manners by which diverse unfortunate occasions are dealt with is to be noted. For instance, the gathering may direct various meetings to improve the psychological or mental condition of the concerned individual who is influenced by it(Redfield, 2013). For instance, if on the off chance that an individual has lost a friend or family member that individual may feel desolate and empty for the event of such an actual existence occasion and this opening is should have been filled by the gathering. Besides, they have to draw in the influenced individual in various exercises, so he might be diverted for some time and with time consequently can come back to the ordinary method of life at the earliest opportunity. It is possible that at least one side interests of the influenced individual is energized or the gathering in itself starts some gathering exercises which will help the influenced individual in one manner or the other. One strategy or way that is received by the various gatherings is that of singing together. Since music as of now has a quieting impact on the psyche of an individual, so along these lines is very useful for the individuals who need to come out of an extremely distressing period in their life(Podany, 2003). And yet there are numerous other various ways which can be taken up by the gathering so as to help or help one of its in dividuals who is by and large adversely influenced by the existence occasion to come out of it in a smooth and simple manner. Then again, if there should arise an occurrence of the attractive life occasions, the gathering reacts in an extremely positive way and energizes and compliments its part for going into this much alluring period of their life.Getting wedded and having a child are the existence occasions which will fall in this specific class. 1.3: Impact on Others in Health and Social Care The effect on the others present in the Health and Social Care association can be unique in relation to each other based on the kind of the existence occasion that one is experiencing (Erratum: Can Adolescents Predict Significant Life Events?, 2008). Be that as it may, the laborers being of dependable in nature will in general offer significance to such factors and in this manner help out the other individual in every single manner that they can. In such an association, different individuals attempt to discover manners by which they can assist a person as the necessities and prerequisites of one individual varies from the other(Coty, 2011). In this manner the primary factor really lies in understanding a person. Just if an individual can comprehend the other individual in a legitimate manner, the person will have the option to help and help the other person who is experiencing a noteworthy life occasion. 3.1: Analysis of Organizational Responses to the need to Support Individuals Various associations where a specific individual confronting a critical life occasion should be progressively worried about supporting the person under every single circumstance (Golemon, 2006). A general mindfulness should be made with respect to the need of supporting the people in an association who are experiencing some life occasions throughout their life. Since an individual has the propensity of missing out on the typical parity in their lives, in this manner it is required for the individuals around him to help him in the manner that is required by him. This will help the individual in returning to his typical life and hence he can work in a superior manner too(Cranwell-Ward Abbey, 2005). For instance, if an individual is enduring a result of the event of a completely unfortunate beneficial experience, at that point he should be worried and would not have the psychological solidarity to adapt up to his enthusiastic breakdown and the weight of his expert field at the equivalen t time(Norgaard, 2011). Hence because of it, the presentation and the efficiency of the individual will continue detoriating and this will in the long run be reflected in an intermittent manner in his own work. The individual won't have the option to work in a legitimate manner as long as he isn't back in his ordinary life where he can adjust everything. This is the thing that the association needs to comprehend and along these lines bolster the person in the required way (Tidd and Hull, 2003). In instances of attractive life occasions as well, the individual needs the help of his association. For instance, if a woman is pregnant this is a truly alluring occasion however the association needs to help her by giving the necessary leaves so she can accomplish her work in a superior manner with no physical distress or different interruptions (Kronenfeld, 2010). 3.2: Reflection on Personal Contribution For my situation, I have consistently attempted to be there in a legitimate manner next to the individuals who are encountering any sort of critical life occasion in their life. One of my exceptionally dear companions had experienced an awful stage in his life after he lost his mom in a fender bender (McIntosh, 2007). He was near his mom and in this way her dying in such an unexpected and heartbreaking way had shaken him up in an awful manner. He had felt lost and there was a state of time when he would not like to proceed with his own life. This is the point at which I realized that he must be made to come out of this downturn that he had gone into. So I attempted to perk him up and energize him in taking a gander at life from an alternate point of view by and large (Starr, 1982). I would take him out to a great deal of workshops on otherworldliness and arousing of the spirit so he could feel somewhat less appended to anything natural and hence discover a feeling of fleeciness insid e himself(Ainsworth, 2000). Since he was a fanatic of music I would tune in to different kinds of melodies and stay with him as much as Possible. This had a constructive outcome in his life yet he was still somewhat standoffish from everyone and that is the way he prefers it. At that point I took him to an outing of trekking as he had for a long while been itching to go. All these in the end helped him to come out of his profound wretchedness and subsequently move on in the long run. The loss of his mom may never be satisfied yet he realized that how will generally be solid and proceed onward (McVea, Gow and Lowe, 2011). This has been a learning experience for me as well and I have a superior comprehension of how to manage myself just as some other person who is experiencing a critical occasion in his own life. 3.3: Recommendations More than any specialized preparing or other comparative learning experience, what is truly required is a feeling of mankind and an individual inclination for the individuals around. Thi

Bryan Velazquez Essays (522 words) - Politics, Political Corruption

Bryan Velazquez Rathbone Introduction to Public Admin 22 September 2017 Theme Report 1 The period I have decided to expound on is the start, all things considered, and how the investigation of open organization was acquainted with the United States. This all started with an exposition composed by a man named Woodrow Wilson in 1887 and in that paper he tended to the issues inside the legislature and how degenerate it has been during those time and how it ought to be fixed. He had an inquiry that numerous individuals in the United States have today about the legislature and that is, how accomplishes the administration work and work? Wilson accepted that the administration should have been changed so as to make it increasingly proficient and he accepted that open organization would fix and help this issue of wastefulness and defilement. The effect this had on the field of open organization is that it presented the Idea of discovering precisely what the administration does and how it works and understanding that it isn't productive and is degenerate and expecting to fix th at. The general population was acquainted with this and followed the thought and Wilson had numerous individuals who comprehended his article and who concurred with his concept of open organization. Without that article in 1887, the entire thought of the investigation of open organization could've been nonexistent and we would at present be managing wastefulness and debasement in our administration which we really are as yet managing this today yet it isn't as terrible as before somewhat. This article was clearly a positive change since it breathed life into the investigation of open organization and opened the publics eyes to this. So Wilson commitment to open organization has been greater than some other individual on this planet and that is something astounding. His thought despite everything has far to go in light of the fact that even today the administration is wasteful and particularly so degenerate and that was the principle motivation behind why he composed that article, to end defilement and to fix the legislature yet to likewise make sense of how it works and that is practically understood on the grounds that generally we know how the administration functions yet we don't have a lot of state regarding what they do with the force that they have. Open organization is as yet a theme that on the off chance that you ask numerous individuals what it implies and what the motivation behind it is they won't know and that is a significant issue that we have in this day and age since it is indispensable to think pretty much all the open associations in our nation and how they work. There truly isn't substantially more to it than that, he is viewed as the man who started the investigation of open organization and improved the point and made it standard to the general population. References Adah, Ogabo . The commitment of Woodrow Wilson to the field of Public Administration by Ogabo Adah. Academia.edu, www.academia.edu/7987979/the_contribution_of_Woodrow_Wilson_to_the_field_of_Public_Administration_by_Ogabo_Adah. Gotten to 20 Sept. 2017. Wilson's View on Politics and Administration. ILLUMINATION IAS , 30 July 2010, blessan.wordpress.com/2010/07/31/wilson%E2%80%99s-see on-governmental issues and-organization/. Gotten to 20 Sept. 2017.

Bounty Scandal Essay -- Case Review

When does a physical game become a wrongdoing? That is the issue that each National Football League (NFL) fan has solicited themselves in light from the previous Saints guarded organizer (DC) Gregg Williams’ â€Å"bounty program.† No one individual has grappled with this inquiry more than the NFL chief Rodger Goodell. Goodell was confronted with a moral choice that will shape his residency as the NFL’s official; his choice will become priority for some chiefs after him. Utilizing the RESOLVEDD system of dynamic created by Raymond Pfeiffer and Ralph Forsberg (2005), this paper will inspect the embarrassment, examine the choices made, and decide whether the NLF chief made the right move for the group. The initial step of the RESOLVEDD procedure, spoke to by â€Å"R,† is â€Å"review the case† (Pfeiffer and Forsberg, 2005). The NFL started examining the New Orleans Saints after their Super Bowl win in 2009, when allegations emerged that the association had composed a money payout reward program for harming players. The extra payouts are against alliance rules, precluding non-contract rewards. Furthermore, these rewards didn't pay for execution; at the same time, explicitly truck offs, blackouts, and thump outs. The entireties of these payouts came to up to $50,000 during the 2009 end of the season games. Early examinations ceased to exist when security faculty talked with players and mentors; they all denied that such a program at any point existed (National Football League, 2012). The association around then couldn't demonstrate the claims, however Goodell needed to guarantee that the group comprehended this sort of program would not go on without serious consequence s. The class would convey semiannual letters to all groups, helping them that out-to remember contract rewards are unlawful... ...imes.com/2012/03/22/sports/football/nfl-conveys cruel discipline to-holy people over-abundance program.html?pagewanted=all Cherry, E., Sealey, D., and Mangialardi, L. (1991). Understanding the dangers. Diary of Sport Management, 5(2), 198. Kahn, L. (2009). Sports, antitrust authorization and aggregate bartering. Antitrust Bulletin, 54(4), 857-881. Recovered April 24, 2012, from the EBSCO Host database. National Football League. (2012). Full NFL explanation into 'abundance' program run by New Orleans Saints. nola.com. Recovered May 1, 2012, from www.nola.com/holy people/index.ssf/2012/03/full_nfl_statement_into_bounty.html O'Rourke, M. (2011). Hazard on the field and in the features. Hazard Management, 58(3), 37. Recovered April 24, 2012, from the EBSCO Host database. Pfeiffer, R., and Forsberg, R. (2005). Morals at work: cases and systems (third ed.). Belmont, CA: Thomson/Wadsworth.

Best Term Papers For Any School Year

Best Term Papers For Any School YearWhen it comes to the perfect term papers for any prospective student, you have to ensure that the quality is at the highest level in order to be able to stand out from the crowd. There are many things that can affect the level of the papers that you will have to write, so it is important that you know how to choose the best ones.It is important to note that there are various levels of term papers that you may have to write. When you are looking for the best papers for your future school term, you have to be sure that you are able to select the best one. Read on to find out about the process of picking the best term papers for any school year.The first thing that you need to know when it comes to the selection of the best term papers for any school year is the deadline. This should not be too difficult for you to find. The deadlines for your chosen papers will be mentioned on the right hand side of the document that you are going to be writing.The d eadline for the term papers should be the one that you have to finish before your school year ends. It is therefore important to pick the deadline that is going to be a bit harder for you to achieve. It is advisable that you choose the deadline that is going to allow you to tackle each and every term paper to the best possible level. You have to be able to work on these papers at a slower pace.There are different types of papers that you are going to be required to write. There are, for example, essay papers, report papers, and the personal essays. You should be able to pick the best type of papers that you need to write. You can compare these papers so that you can be sure that the type of papers that you are going to have to write are exactly what you need to do. It is important that you do not write too many essays or report papers at the same time.As you go through the process of picking the best term papers for your school year, you will need to know about the different styles of papers that you are going to have to write. You can read about these different styles in the syllabus of the school where you will be writing for. This will be important for you to know when you are going to be choosing the best term papers for your school year. The syllabus of the school where you are going to be writing for will also tell you which styles of term papers you are required to write for any particular period of time.When you are going to be selecting the best term papers for your school year, you should always check the student handbook. It is always good to be aware of the kind of paper that you are going to be required to write. It will be necessary for you to know if you are going to be required to write a particular style of paper.

Steve Jobs Has Made A Huge Impact On Technology - 897 Words

Steve Jobs has made a huge impact on technology, but people as well. Steve Job’s life and career exemplifies creativity. Starting out Jobs had many dreams and aspirations, similar to the way that many people do. However, Jobs differs from others in that he uses creative solutions to fix drastic problems. When we think of Apple as a company, most people think of Steve Jobs. While we know that many people are part of the team of Apple, we tend to overlook that aspect. Jobs did something to technology that can never be compared to, or replaced. He taught many people many things on his journey as he made his stamp on the world. Job’s career in Apple is creative. It required Steve Jobs to do something that many people were not able to do. He made the Macintosh computer stand out among all other computers. Jobs did not invent the computer he invented the Macintosh, which is just another computer. It is very important to note that even though it was just another computer that was being sold to our society, Job’s advertised in a creative way. He did not want people to just think of the Macintosh as any other computer, but the only computer that a person should want and use. The creative aspect of Job’s career exists through his success, but most importantly his failures. The Macintosh computer was not always a hit, the first time that Jobs attempted to sell the idea it was a complete disappointment. Everything that Jobs worked for to build up and sell the idea of the Macintosh wasShow MoreRelatedSteve Jobs: Innovative Genius Essay1218 Words   |  5 PagesSteve Jobs was an innovative mastermind with visions that helped change the world. He co-founded Apple inc. which is a well-known billion dollar company, and also invented products so popular, almost anyone you ask owns a product of his. 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If you have seen Pixar produced films, such as â€Å"Toy Story† or â€Å"Monsters, Inc.†, Jobs had a direct impact on those films. Steven Paul Jobs was undoubtedly the most significant person inRead MoreBusiness Their Ownership, Purpose Between Apple Inc And British Red Cross A Non For Profit Business1551 Words   |  7 Pagesmultinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. Its best-known hardware products are the Mac personal computers, the iPod portable media player, the iPhone smartphone, the iPad tablet computer. Apple has around 437 stories around the world and around 100,000 staff (around 200 staff per storie) apple was first started in 1976 by founder Steve Jobs, Ronald Wayne, Steve Wozniak. Apple

My Personal Reaction On Hotel Rwanda Essay - 933 Words

Hotel Rwanda Introduction In this essay I will write of my personal reaction on the movie Hotel Rwanda. This movie left me with a plethora of mixed emotions. Yet, it taught me many lessons on life and the world. From its historical background to its most recent movie filmed in 2004. Background Information Mille Collines was the main setting of this movie. It was a four-star hotel located in Kigali, Rwanda where Americans, French, and many more tourists would go for a calm oasis. Kigali was the capital city of Rwanda and was left behind to the Hutu by the Belgian. After the owner of the hotel left to Belgium he left the manager Paul (Don Cheadle) in charge. In the film, Paul was living in a place where corruption, bribery, and fear controlled everything. In the movie, it was up to him to help hundreds of refugees. There were two types of Africans in Rwanda, Hutu, and Tutsi. The Belgians were the ones who created the division. The Hutu were short and stocky while the Tutsi were tall, thin and favored. They carried identification cards on them at all times that said what they were. 85% of the population were Hutu and the other 15% were Tutsi. Hutu were the majority, but the Tutsi minority were the favored ones. The Belgians used the Tutsi to run the country, then when the Belgians left, they left the power to the Hutu and of course, the Hutu took revenge on the Tutsi for the years of repression. The President named Juvenal Gabayarimana was a Hutu and was ready toShow MoreRelatedThe Effects of Conflict Management on Employee’s Performance10925 Words   |  44 PagesDECLARATION This research project is my original work and has never been presented to any other university or institution of learning for award of a degree, diploma or certificate. Ng’ang’a Nancy Wangari Signature†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Date†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ The research paper has been submitted with the approval from my supervisor. Mr. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Signature†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Date†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ DEDICATION To my loving parents, Mr. and Mrs. Ng’ang’a, and my lovely siblings because of theirRead Moreeffect of workforce diversity on employee performance in anorganization6665 Words   |  27 Pagesresearch project proposal is my original work and has not been presented to any other examination body. 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Financial Statement Analysis of Barratt Developments Plc. Sample

Question: Required to produce a financial analysis report for the business managers and owners (investors). The report should examine the financial health of the business and evaluate the business performance by summarising the financial performance and applying financial ratios to further analyse the business financial health. Your report will provide recommendations to the business managers and investors. Answer: Introduction Barratt Development Plc is a leading house builder in Britain. The company carries out its operations through four brands namely Barratt Homes, David Wilson Homes, Barratt London and Wilson Bowden Developments. Three of them are house building brands and the last one is a commercial developments brand. The company employs 5971 employees as on 2015 and has delivered a total of 16447 homes as of 2015. The company has the capability to deliver housing developments ranging from standard houses to highly complex housing schemes. The purpose of this report is to analyse the financial information of Barratt Development provided in the financial statements for the year ending June 2015. The financial position of the company is determined on the basis of the above reports and is further analysed with the help of ratios calculated from the above information. This analysis can be used by the managers to the performance of the company and by the investors to decide whether to buy or sell the shares of Barratt Developments. Financial Statements Year 2015 has been a very good year for the company in terms of profits and the company has also been able to maintain a strong balance sheet. A summary of the change in major items of the profit and loss account, balance sheet and the cash flow statement in the year 2015 as compared to 2014 is shown below: Particulars 2014 2015 % change Revenue 3157 3760 19.10% Cost of sales 2628 3045 15.87% Gross Profit 529 714 34.97% Profit from Operations 410 577 40.73% Net Profit 305 449 47.21% Current Assets 3896 4703 20.71% Non - current Assets 1248 1208 -3.21% Total Assets 5144 5911 14.91% Current Liabilities 1160 1412 21.72% Non - current liabilities 638 796 24.76% Equity 3346 3702 10.64% Net Cash flow from Operations 242 184 -23.97% Net Cash flow from investing activities -36 42 -216.67% Net Cash flow from financing activities -226 -140 -38.05% Net change in cash during the period -20 86 -530.00% From the above table, we see that the net profit has improved remarkably by 47%. This is due to an increase in the revenue accelerated by the growing demand for housing in Britain. Recently, Britain is recovering from an economic slowdown which has led to an increase in demand for houses so much so that supply is falling short of demand. Also there is easy availability of low interest mortgage finance which has led to an increase in the prices of the houses, thus increasing the revenue for the company. Even the operating costs have reduced owning to efforts made by the company to reduce the cost of raw materials procured and improving the overall operational excellence. The selling and administrative expense shave also reduced couples with a fall in the interest expense, thus increasing the net profits. The balance sheet has been strong in 2015. The cash and cash equivalents have increase by 30% leading to an increase in current assets by 21%. Other items which led to an increase in current assets are inventories and receivables. The current liabilities have increased in proportion to the current assets i.e. by 22% mainly due to trade payables, deferred taxes, and payable taxes. The company has decreased its short term debt by repaying a part of it. The non- current assets have not changed much, there is only a marginal fall by 3.2%. The non current liabilities have increased by 25% due to an increase in long term debt by 1 million. The share capital also increased by 1 million, thus increasing the equity by 10.5%. The position of cash balance has improved in 2015 with an increase of whopping 216% in cash flow from investing activities. This is on account of increase in the investments accounted for using the equity method. These investments were reduced by 59 million in2014 and as such 2015 shows an increase in value. Cash flow from financing though being a negative figure but is still better than what it was in 2014. The inflow from financing activities is in the form of share capital valuing 1 million and outflow includes payment of dividends and repayment of loan. Cash flow from operating activities has reduced by 58% in 2015 on account of an increase in inventory and taxed paid. The net cash has however increased by 500% amounting to a cash balance of 86 million, thus making Barratt Developments a cash rich company. Looking at the above analysis, we can therefore say that Barratt Developments has had an improved Profit and Loss Statement and Cash flow Statement and a more or less stable balance sheet. Financial Ratios Profitability Ratios Profitability Ratios 2014 2015 Gross Profit Margin 16.8% 19.0% Operating Margin 13.0% 15.3% Return on Equity 9.1% 12.1% Return on capital employed 10.3% 12.8% From the above table, we see that all the profitability ratios have improved in 2015. The gross profit margin has increased due to an increase in revenue and a less than proportionate increase in cost of sales. The operating margin has increased due to a fall in operating expenses in the form of marketing and distribution expenses and also a fall in interest expense as the company has repaid all of its short term loans. Return on equity has also improved due to an increase in the profits belonging to the equity shareholders. Though the equity has also increased by 1 million, but the net profits have increased by 47%, thus improving the return on equity. The companys return on capital employed has also increased mainly due to an increase in the companys EBIT by 41%. The total capital employed has reduced in 2015 due to a decrease in the capital in the form of loan. The company has repaid loans amounting to 24 million whereas it has issued share capital amounting to 1 million. Even wit h a reduced capital employed, the company has managed to improve its return on capital employed which is remarkable. The highest ever profit before tax has been achieved by the company in the year 2015 thus making it a highly profitable year. Liquidity Ratios Ratios 2014 2015 Current Ratio 3.4 3.3 Quick Ratio 0.3 0.4 Interest Coverage Ratio 6.9 10.5 The liquid ratios indicate good liquidity of the company in terms of current ratio. The current ratio is more than 2 for both the years. However, since most of the current assets are in the form of inventory, the quick ratio falls below 1. This shows the actual liquidity of the company is low i.e. if the company were to pay for all its current obligations, it would not be able to do so since inventory is not easily convertible. However, the low quick ratio is justified by the nature of the industry in which Barratt Development operates i.e. the construction industry. The process of building homes may take months together and thus place a lot of WIP and also a lot of funds is tied in already built homes as one home is of high value. Even if one house/product is sold, it reduces the inventory by a great extent. Another liquidity ratio i.e. the interest coverage ratio has increased to 10.5 from 6.9 in 2014. This is on account of reduction in debts as the company has repaid all of its sh ort term debts in 2015, thus reducing the interest expense of the company. The company can easily pay all its fixed charges from its operating income, thus making it a liquid company. Efficiency Ratios Ratios 2014 2015 Asset Turnover 0.61 0.64 Inventory Turnover 0.75 0.73 Inventory Turnover days 487.4 500.3 Receivables Turnover 30.6 24.6 Receivables Turnover days 11.9 14.9 The total assets turnover ratio measures the efficiency of a company to utilize its assets in generating sales. The turnover has remained the same for the company in both the years. Even though the revenue has increased by approx 20%, still the asset turnover has not changed much as the total assets have also increased by the same proportion. The asset turnover ratio for a construction industry is said to be 0.8 on an average, but the turnover ratio is poor in that comparison. The company should work towards better utilization of its assets. The inventory turnover for construction industry is more than 1; however, Barratt has a lesser inventory turnover. The turnover has not varied in both the years. There was an increase in inventory in 2015 but so was an increase in the sales also. Hence we can say that the company is managing its inventory well and the number of days of inventory turnover has also remained more or less the same. There is a decrease in the receivables turnover in 2 015. This is due to an increase in the receivables which is more than the increase in sales. The industry standard for a receivables turnover is 15, since Barratt has a turnover more than 15 in both the years, hence it can be said to have an efficient receivables management. Receivable turnover days has increased from 12 days to 15 days which means the company is able to recover its payments in 15 days, though there is an increase but the increase is not significant enough. Hence we can say that the company has an efficient inventory and receivables management systems, it only needs to strengthen its assets utilization. Financial Stability Ratios Ratios 2014 2015 Debt Equity Ratio 0.06 0.05 As compared to its equity, the company has very low debt. This means that the company finances its operation expenses as well as growth and expansion through internal sources of funds i.e. retained earnings and equity. The company has only 6% debt in its total capital structure in 2014 and the same has further reduced to 5% in 2015 as the company has repaid part of its short term debt in 2015 and also issued share capital amounting to 1 million. Both reduction in debt and increase in equity have led to a fall in debt equity ratio, making the company highly stable as it does not have fixed obligations like interest payment etc. Investment Ratio Ratios 2014 2015 Dividend Yield 1.5% 2.2% Dividend Payout Ratio 0.18 0.26 The dividend yield has improved in 2015 as compared to 2014. This is due to an increase in the market price of shares of Barratt Developments. The dividends paid has also increased significantly in 2015, it has been almost double of what was paid in 2014. The dividend paid is more than the increase in market value of the shares. This is good news for potential investors looking for a stable cash returns on their investment. However, it may be said that the company is not reinvesting its profits in the business to fuel growth and expansion and hence capital gains to the investors will be less. The dividend payout ratio has also increased owning to an increase in dividends paid. The increase in dividends paid is higher than the increase in profits. Recommendation and Conclusion From the above analysis, it is advisable to buy the shares of the company. This is looking at the financial performance in the years 2014 and 2015 and also since the housing market seems strong in Britain and the company is equipped with all necessary policies to carry out its business efficiently and thus make the most of the growing demand for houses, thus it is expected that the market value of the shares of Barratt Developments will further rise in the future. The profitability, liquidity, efficiency, financial stability and the investment ratios all show a positive result and hence gives the investors all the more reason to invest in the company. The managers of the company would be happy with the analysis as it shows increasing profits, it should only try to work on its efficiency ratio and also look at paying less dividends and rather reinvesting the profits to increase capital gains for the investors. 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