Critique and Financial Analysid

In: Business and Management

Submitted By usuthu
Words 4665
Pages 19
Business Report
Introduction
Aim
We have been commissioned to write a business report comparing and criticising the Financial Analysis and Interpretation of both Financial position and performance of two publicly listed companies. From the list provided I have chosen Skellerup Holdings Limited and Fisher and Paykel Healthcare Corporation Limited both New Zealand listed companies.
Limitations & Problems
From our mandate it is not clear whether we should concentrate on performance only from requirement 2 of the mandate. I also had difficulty in outlining the future view of the company. I did not know whether this meant a projected or forecasted accounts for the next three years. The requirement may have been a forecast of ratio analysis. In the end I made common sized Income statements and projection for the next three years. My projections were based on growth of revenue from 2010 to 2011, with everything remaining the same as a percentage of sales. We do not know if the ratios are adequate in terms of the industry average and we have avoided this for word limit’s sake.

Discussion
Overview
Fisher and Paykel Healthcare is a leading designer, manufacturer and marketer of products and systems for use in respiratory and acute care and treatment of Obstructive Sleep Apnea. It markets in 120 countries through distributors and direct sales office. It entered the respiratory care market in 1971. Business Activities for F&P Healthcare
The Respiratory & Acute Care involves the production of a broad range of heated humidification products and systems for use during the treatment of respiratory conditions by ventilation or oxygen therapy. Respiratory devices are designed to overcome many of the challenges of effectively creating, controlling and delivering gases to a patient's airway at close to physiologically normal levels of temperature and humidity.…...

Similar Documents

Critique of Quantitative Research Article - Beyond Dichotomy: the Curvilinear Relationship Between Social Responsibility and Financial Performance

...Week 5 Critique of Quantitative Research Article Beyond Dichotomy: The Curvilinear Relationship Between Social Responsibility And Financial Performance For MGT 361: Managerial Research Design & Analysis In partial fulfillment of the requirements For The Bachelor of Business Administration Degree Submitted By AL King November 20, 2010 This is a critique of the research article, Beyond Dichotomy: The Curvilinear Relationship between Social Responsibility and Financial Performance, written by Michael L. Barnett and Robert M. Salomon. Michael Barnett is a professor at the College of Business Administration, University of South Florida and Robert Salomon is a professor at the Stern School Business, New York University. There has been much debate on whether or not there is a link between financial and social performance when it comes to investing. Most research is done by comparing socially responsible investing (SRI) funds to those of funds that do not screen their holdings based on social and or environmental criteria. Barnett and Salomon’s research also tackles this question however, instead of doing the same types of comparison, they chose to compare and measure mutual funds that all practice socially responsible investing (SRI), in order to discern which funds perform better and what makes them different from the other SRI funds. Barnett and Salomon developed four (4) hypotheses to test during their research: 1. The...

Words: 1481 - Pages: 6

Critique

...Below is a free essay on "Website Critique" from Anti Essays, your source for free research papers, essays, and term paper examples. The website I decided to critique is the Wal-mart.com. Wal-Mart was founded in 1962, with the opening of the first Wal-Mart discount store in Rogers, Ark. The company incorporated as Wal-Mart Stores, Inc., on Oct. 31, 1969. The company's shares began trading on OTC markets in 1970 and were listed on the New York Stock Exchange two years later. The company grew to 276 stores in 11 states by the end of the decade. In 1983, the company opened its first Sam’s Club membership warehouse and in 1988 opened the first supercenter -- now the company’s dominant format -- featuring a complete grocery in addition to general merchandise. Wal-Mart became an international company in 1991 when it opened its first Sam's Club near Mexico City. The Wal-Mart incorporators then made a website called Walmart.com where they sell products online to people that prefers to shop that way. Walmart.com feature selections of high-quality merchandise like clothing for children, teens, women and men, electronics, jewelry, shoes, household products, and much more. They also sell class rings via internet to those that want to buy it online. They have ways to ship their products but they first have customers choose a payment method. Their first option is by using a credit card. They have their customers put all their information at first and verify if they accept their card......

Words: 352 - Pages: 2

The Critique

...Final Paper Today I will discuss my final peer critique of Aaron, as written and evaluated by me,. As I set and prepared for Aaron’s speech, I notice his dress and demeanor. He appeared well to do with his jacket and slacks. As I further examined him I couldn’t help but notice that he was wearing a pair of work boots. I took this as to be the way Aaron is and nothing else. For if you know Aaron, you know he has a casual attitude and always ready with a smile. Before the class started that day we talked about our speeches and if we could convince ourselves of the topics we had decided on. He seemed a little nervous about his topic because he did not fully agree or disagree with the appearance of tattoos. We talked about both pros and cons of this idea but could not agree on one side. He told me that he had chosen the topic and was going to do what he could to convince us, though you could tell he was nervous. As Aaron stepped up to do his speech, that’s when I noticed his nerves set in on him. He didn’t seem as if he could loosen up and I believe the main reason why was because he wasn’t too sure of his topic. I do believe if he was convinced about it himself, he would have delivered a much better speech. His speech was well organized and prepared and followed the main ideas of what a speech should be, yet he was allowing his nerves to make him loose eye contact. As his speech proceeded Aaron settled down enough to allow his words to flow better. Here is......

Words: 949 - Pages: 4

Critique

...CRITIQUE The following is a critique of the Joomla! User Manual 1.0. The URL of the page is as follows http://help.joomla.org/images/User_manual/user_manual_v1%200%201_10%2021%2006.pdf. This a critique of the installation portion. It also covers some features of the Joomla! Installer that is based on browser and the Manual Installation. The links for these are http://help.joomla.org/content/view/39/165/ and http://help.joomla.org/content/view/40/132/ respectively. Only recently, I installed the software Joomla!. At first I tried the “easy browser install”. But I couldn’t do it and I failed. I then tried using the manual for instructions to help me to install the software. But, the installation procedure through the user manual took me over 15 hours. I later realized, it was not entirely the mistakes of the install process of the software due to which I consumed so much time, but rather the user manual was fairly out-of-date, deceptive and deficient. Overview: • The first and major fault with the document was that it was a “fair weather friend”. If everything operates smoothly, then you rarely need to consult the installation portion. But if some trouble arises, the user manual is ill-equipped to handle it. A quick scan of the Installation part of this manual gives the idea of many users who are having trouble installing the software because they have broken and incomplete installs. • The attempt of the manual to make itself user friendly is actually a drawback for it.......

Words: 985 - Pages: 4

Critique

...Article Critique: Stress and Coping Responses to Proficiency Testing in School-Age Children Brea Brewer Indiana University Since the inception of the “No Child Left Behind” Act, proficiency testing of school children has increased greatly. This type of testing helps determine educational outcomes in students, evaluate teachers’ performance, as well as rate schools’ performance. Due to an increased pressure to achieve a certain academic level, students often exhibit stress-related biophysical symptoms especially when their coping strategies are inadequate. The article, Stress and Coping Responses to Proficiency Testing in School-Age Children by Theresa Skybo and Jacalyn Buck, assesses 53 forth grade students’ appraisals of their specific proficiency tests and concurrent stressors, as well as their stress symptoms and coping strategies used. Nurses frequently encounter school-age children both in the school setting as well as the clinical setting. Therefore, knowledge obtained from this study, could be used to help nurses educate parents and teachers how to identify students with test anxiety, and how to help them improve their coping strategies. The purpose of this study was very well defined, easily identifiable, and also met. When trying to decide the type of research leveling, I first looked for the type of design. This study falls within the quasi-experimental design description, and more specifically the time-series design. Since this study was conducted...

Words: 1238 - Pages: 5

Critique

...Critique of Research Article Name Instructor Unit Date Medical articles can be well analyzed based on the content, the reputation of the authors among other useful information. However, it is paramount that evidence based practice (EBP) be adopted when analyzing an article. According to Sackett et al (1996, pg 71-72) “Evidence based medicine is the conscientious, explicit, and judicious use of current best evidence in making decisions about the care of individual patients”. The best available and current research is utilized in making a judgment about the article in question (Drisko and Grady2012). The research article, Healthcare Providers’ Intentions to Engage in an Interprofessional Approach to Shared Decision-Making in Home Care Programs: A Mixed Methods Study by Legare et al., presents views of the healthcare providers in the implementation of the interprofessional approach to shared decision-making (IP-SDM). In addition, it evaluates their intention for engaging in the program. The IP-SDM program has been gaining popularity in Canada but it is yet to be incorporated into the healthcare system (Reeves et al., 2008) Interprofessional approach entails the engagement of different professionals within the healthcare system, where all contribute towards the achievement of a common method of patient care. In addition, the aspect of shared decision-making entails the development of a system that involves the patients in determining the type of treatment that is......

Words: 4221 - Pages: 17

“Review the Proposed Carbon Pollution Reduction Scheme (Cprs) in Australia and Critique Its Impact on Financial Management Decisions”

...MPF53 FINANCE “Review the proposed Carbon Pollution Reduction Scheme (CPRS) in Australia and critique its impact on financial management decisions” BY Xiao Nie Yang Song Date: 20th April 2010 Introduction In today’s society, all countries in the world will experience climate change in coming decades because of increasing carbon pollution (climate change 2007). In order to reduce the carbon pollution, ETS and CPRS will be proposed in the world wide and Australia. This essay is to focus on revising the proposed carbon pollution reduction scheme and point out its impact on financial management decision. In the first place, there is a brief summary about the CPRS scheme in detail. In the second place, there is an analysis about major and minor financial management decisions. In the final place, the impacts of CPRS on its financial management decision will be raised. All in all, the conclusion is a summary of the aim of the essay and how to achieve this aim. The CPRS scheme The emissions trading scheme (ETS) in Australia is called Carbon Pollution Reduction Scheme (CPRS). Australia is very vulnerable to the effects of climate change. They recognize that human activity is causing the climate change and also Australia is one of the biggest polluters on a per capita basis. The CPRS will help reduce Australia’s carbon pollution by putting a price on carbon for the first time in Australia’s history. The carbon price means that goods that...

Words: 3240 - Pages: 13

Critique

...A Critique on Mission Statements I. Introduction Upon entering into the market, a company does not necessarily have to have a mission statement; however, most successful companies achieve their objectives and goals through operating with and being founded upon a mission statement. The mission statement’s purpose is for companies to say much more about their business scope and purpose of ‘who they are, what it does, and why it exists’. Some companies project future growth in their mission statement; however, that projection can be stated in the company’s vision statement. This paper’s mission is to list and critique the mission statements of Spring Hill College and eight S&P 500 companies being: Google, Coca Cola, Avon, Walt Disney, Target, Wels Fargo, All state and Verizon Wireless. II. Spring Hill College’s Mission Statement Spring Hill College is a Jesuit Institution founded in 1830 by Michael Portier, Mobile’s first Catholic bishop. The mission of Spring Hill College a liberal arts and Jesuit College of the south reads: “Rooted in its Catholic heritage and continuing the 450-year-old Jesuit tradition of educational excellence, Spring Hill College forms students to become responsible leaders in service to others. We offer our students a thorough preparation for professional excellence; and we strive to awaken mind and spirit to the pursuit of truth and to the ever-deepening appreciation of the beauty of creation, the dignity of life, the......

Words: 2255 - Pages: 10

Critique

...Writing a Theater Critique What Is a Critique? A critique is a thoughtful and fair accounting of what you saw and an insightful analysis of your own reaction to the play. Who or What Can I Critique? 1. Playwright and play: (Also see below) 2. Direction: Look for pace, unity, and overall quality of the production. 3. Acting: Who stood out? Which performance affected you the most and why? Separate the actor from the role. 4. Design elements: How did they contribute to the production? 1. Scenery: Sets and properties 2. Costumes: Correct for the play? Correct for the character, place, and period? 3. Lighting: Emphasis, color, movement, and mood. 4. Music and/or sound: Correct for the play? Correct for the character, place, and period? How Do I Critique? Here are two approaches you can take. Each represents a different way to achieve the same goal: Method 1 1. Start with the play: Define the basic theme or idea. (e.g. “This play is about [greed, romance, politics, etc.]) If the play is a well-known classic, what new insight does this production present? If it is a new play, what, if anything makes it unique? 2. Select and prioritize any or all of these subjects according to what you think is most important to the success and/or failure of the production: 1. Acting 2. Costumes 3. Directing 4. Lighting and Sound Effects 5. Setting or Environment 6. Stage Business (movement or......

Words: 562 - Pages: 3

Critique

...Critique of a journal article: The Black Family during Slavery: Addressing Stereotypes Restoring Truth In the article “ The Black Family during Slavery”, the author Verene Shepherd put into context the black family during slavery and tries to lay to rest some of the myths that still exist to this day about the black man and woman of slavery. In doing this she explore two schools of research into enslave people’s family, these are: the structuralist and class theorist. The structuralist believes that the system of slavery constraints cultural expressions including family formation. This means that slaves were unable to maintain proper familial structure base on their very way of life, because they were restricted to what their owners would permit. The class theorist argues that slavery allows those enslave some autonomy in constructing kinship and other forms of culture. It means then that this system allows slave to explore other cultures and choose their own partner and also develop familiar familial structures similar to present day realities. Shepherd posits that the stereotypes that were created about black families during slavery are to be cleared up because these were not the truth. She then tries to present the points that were not considered by the structuralist. To extricate the points that were presented, shepherd present research evidence that contradicts the structuralist arguments about black family’s and how they exist during slavery. These are: *......

Words: 769 - Pages: 4

Critique

...Mobile health or mHealth is a technology that concerns about health objective. It is a health service delivery in mobile phone. Most people usually have their own phone. They use their phone to play game, send message, call someone or use their phone for their health. This essay is a critique to “Mobile technology is changing healthcare in developing nations” by Puddak Thomas published in Berkeley Science Digest on December 23, 2012. This paper criticize the weakness of the essay, which is the usage of SANA, and the two fallacies, which are appeal to the crowd in paragraph two and non-sequitur in paragraph five.         Firstly, the omission of this article is the writer did not show a method of SANA. It is a tool that uses video, image and text for helping people, and people are able to download it for their health. Sana is a cell phone facilitated clinical information system that connects community health workers and medical specialists (Behar, 2012). Author wants to demonstrate that SANA helps people, but he did not tell the readers how SANA saves people life. One study shows that SANA collects data and interviews the patient through the clinical protocol by healthcare workers. When the data is collected and uploaded, the partner hospital’s doctors will read the information about the patients and make an effective diagnosis recommendation for the patients. If the doctors has a question, they are able to ask the patients by using SANA application (Dmjue, 2014). According......

Words: 1135 - Pages: 5

Critique

...Strategic Export Pricing: A long and Winding Road The above qualitative journal will be critiqued by asking a series of questions using a two part process. The parts will be as follows, 1. Elements influencing the believability of the research – Focusing on what is expected from the research by asking questions about the researcher’s academic and professional qualifications 2. Elements influencing the robustness of the research – Many of the topics examined in research are of an abstract nature in that the particular experience may be interpreted differently by another individual Furthermore, the strengths and weakness concerning each area of the critique will be outlined. Elements influencing the believability of the research Writing Style: Is concise, correct, well organised but uses jargon in places but overall effectively written Author: Barbara Strottinger The paper does not mention the author’s academic qualifications or profession which is could be interpreted as lowering the merits of the paper. Report Title: Strategic Export Pricing -the long and Winding Road The title is clear, accurate and unambiguous/ written in 8 words Abstract: The abstract positively outlines an overview of the study, which looks at the primary reasons for exporting, home market saturation to advancement of new technology, leading to greater transparency in business...Therefore, making it harder to maintain cross market prices. The researcher clearly identifies the......

Words: 587 - Pages: 3

Critique

...across  various  sectors:  while  many  exposés  are  about  wrongdoing  in  government,  they  can  also  uncover  malfeasance  in  the  private  sector,  such  as  corporations  that  cause  damage  to  the  public  interest,  as  well  as  non‐profits  who  take money from unsuspecting citizens. Watchdogging can involve oversight on both individuals and  institutions.  Almost  no  public  person  or  group  is  immune  from  investigation––indeed  journalists  have investigated scamming Buddhist monks (Thailand), sexual abuse in the Catholic Church (US), as  well as wrongdoing in venerable institutions like the Boy Scouts (US).  Watchdog  reporting  covers  an  array  of  malfeasance:  from  sex  and  personal  scandals  to  financial  wrongdoing,  political  corruption,  enrichment  in  public  office,  and  other  types  of  wrongdoing. They can also be classified according to who initiates the exposé: sometimes these are  the  results  of  leaks  from  interested  parties  such  as  government  investigators,  rival  businesses  or  politicians,  or  opposition  political  parties;  others  are  triggered  by  whistleblowers  inside  an  organization. Some are investigated first by advocacy groups and campaigners, before being taken  up  by  mainstream  news  organizations.  The  classic  exposés,  however,  like  the  Watergate  investigation that resulted in the resignation of US President Richard Nixon, are the product both of  the  initiative  and ......

Words: 11805 - Pages: 48

Critique

...Critique writing - The Visitor This essay will provide a critical view of Patricia Cresswell’s “The Visitor”. It will look at the use of language, point of view, use of imagery, characterisation and setting to name but a few. I will provide my opinions on the piece of writing and explain my reasoning behind this. Cresswell’s use of language in The Visitor strongly suggests to me that McGill is isolated and lonely. The use of the word “frosted” when describing the outside of McGill’s home could be seen as a metaphor for his personality. The writer also states that the “frosted grass” could be “anticipating the approach of an intruder”. The word intruder is a strong choice of word, as opposed to guest or visitor, suggesting that the idea of a visitor is baffling. Another example is shown on line four where the text states McGill’s home is “the only sign of civilization for miles around” and “it occurred to him someone might be outside”. This immediately confirms to the reader that McGill has been alone for quite some time and would not usually expect any visitors. I also feel that the writer’s use of the words “ice cold lips” and “cold as marble” when describing the young girl connects her to McGill as this suggests that she may be lonely too. Cresswell is careful when characterising McGill, I believe he is shown to be a simple man with the best intentions but lacking in social skills due to his environment. This is backed up within the text “she was small and frail… he......

Words: 587 - Pages: 3

Critiques

...Article critique College writing 102 Professor Ricardo acosta Yamini ahir, Giovanna Garcia, Stephanie Sanz March 26, 2012 No surprises meat is bad for you According to the author “Mark Bittman”, explains how the meat dame our body and argue how people needs it every day. There are two problems with focusing on meat; one, we eat too many animal produces despite the meat and we eat too many grains, secondly, industrially produced meats effect on our morbidity and mortality and industrial agriculture damages the environment too. The author also argues that eliminating industrial production of animal products would help us stop consuming so much meat. He believes that traditional production would be better because of its lack of efficiency compared to industrial production and would help reduce consumption. He also believes that it’s not just about eating red meat, but about the general over consumption of junk food that causes health risks. He believes that studies on red meat exaggerate and are largely inaccurate. The author provides scientific studies that he analyzed to formulate his argument and then presents articles from other newspapers on the topic, and we think all the information is relevant to the subject and he uses it in a logical manner. The article defines the main ideas properly but it lacks background information on certain pertaining subjects. The information is well used and interpreted; however, we dismissed counter arguments in a very brisk,......

Words: 268 - Pages: 2

Banshee: Small Town. Big Secrets. | Thám Tử Lừng Danh Conan chap 818 | IMDb: 4 HD The Little Mermaid