Eat at my restaurant cash flow Essay Example | Topics and Well Written Essays - 750 words

Eat at my restaurant cash flow - Essay Example Net income values are a good indicator of the business progress. Obtained via accrual accounting, net income value shows the net profits or losses that the company achieves in the specified period. Moreover, net income values can easily be obtained from the income statement and represents the difference between all accounting revenues both direct and indirect and all accounting expenses. As matter of fact, many investors depend on net income figures to make investment decisions. Perceptibly, dividends are always proportional to net income. Therefore, if the trend of net income figure is increasing then the company can attracts investors due to expected rise of the shares. The implication is that, the firm can easily access capital, and to be precise equity, hence stands a better chance to expand. However, profitability and insolvency is not always guaranteed by positive net income figures. Note that, allow net income values could be as a result of a high expenses figure which might h ave originated from high depreciation of assets. If the value of these expenses is one time, or rather does not influence s operational saes, then the net income figure falsely predicts the firm’s financial status. It’s to the opinion of many scholars that cash dictates financial position and thus, cash flow predicts long term profitability. Literary a positive net cash flow from operating activities implies that the business is collecting more cash that it’s spending and positive trend predicts a bright future.

Setting and hardening of hydraulic cements Essay Example for Free

Setting and hardening of hydraulic cements Essay In August 2004, Adriatic IV was on location over the Temsah gas production platform, off Port Said, Egypt in the Mediterranean. During the drilling of natural gas well by rig, a gas blowout occurred during the drilling operation. Due to this blowout, the whole Petrobel platform was burnet out. This platform was owned jointly by BP, Italys ENI and Egypts General Petroleum Corporation was damaged beyond repair and Egypt’s petroleum minister ordered its destruction. An engineering firm Tacon designed the platform. Tecon developed the basic structural design along with offshore structure SASP, of the platform jacket for Petrobel Egypt. Tecon was responsible to perform the foundation design and all naval and installation analysis. Tacon also developed all A. F. C. structural drawings. [Tecon] The blowout on the offshore of the platform was the consequence of annular flow after cementing using spooled wellheads. Following part of case study shows why blowout occurred with all analysis. TEMSAH: Temsah is a gas production platform owned jointly by BP, Italy’s ENI and Egypt’s General Petroleum Corporation located in the off port said, Mediterranean Sea. On 10th August 2004, the Adriatic IV was working as usual on the Temsah platform. The rig was drilling natural gas well when a blowout occurred during the drilling operations. Reports and various other sources stated that there was an explosion followed by fire, which was initially contained on the jack-up. [JWC] The fire then spread to the Petrobel-run platform where it continued to rage for over a week before being brought under control. There were more than 150 workers on the jack-up as well as on the platform. All the workers on the jack-up and platform were evacuated with no casualties, due in part to the prior recommendation that production activities be ceased as a precautionary measure. The firefighters battled for almost a week to control the fire burning on a rig pumping natural gas out of the Mediterranean Sea as reported by Egypt’s semiofficial news agency. Oil Ministry officials, speaking on condition of anonymity, told the Middle East News Agency (MENA) that workers were drilling holes in a leaking well to release gases to contain the fire, while firefighters are dousing the platform with seawater. [JWC] It took almost a week to control over the fire. According to the, Global Santa Fe, Adriatic IV was sunk and not salvageable. The platform, owned jointly by BP, Italys ENI and Egypts General Petroleum Corporation was damaged beyond repair and Egypt’s petroleum minister ordered its destruction. Almost one year after this accident, the Temsah was fully repaired and production at Temsah field started in a full-fledged manner. It was back on stream at full production rates. 2. Cement types and cementing structure The above blowout caused due to the cementing structure and method. Discussed here is the cementing process that probably caused the blowout. After running 9 5/8 Casing to 2754 meters, performing a cement job, waiting on cement for 14 hours, and setting the casing slips, the well started to flow from the 9 5/8 by 13 3/8 annulus, while installing the primary packing (sealing element). The flow consisted of salthingyer and gas. The wells on the Temsah NW platform were shut in and the gas lines to and from the platform were depressurized. Thus the wells on the W. Akhen platform were shut in, as the gas, production lines go through the Temsah NW platform. On-essential personnel were evacuated from the rig. Nipped up the BOP and space out riser. Shut in pressures were 1480 psi. Shortly thereafter the flange between the wellhead B section and the riser below the BOPs started leaking salthingyer and gas. Since the initial incident, the flow had continued through the leaking flange and increased. Remedial efforts to date had not been successful in containing or controlling this flow. When cement casing is done in the well, Blowout Preventers are usually picked up to set the slips on the casing to hold it in place. Due to this, well is open to the world. Cement is counted on to hold any gas down hole, but if the cement is lighter than the bottom whole pressure, the well will come in. The way to avoid this is to wait longer on the cement to set and monitor any gas migration to surface. This process was not done, which would have probably prevented the blowout on the platform. Facilities for placing cement: Wellheads are nothing but the end connection to concentric well casings, which are cemented into the ground. The critical purpose of this wellhead is to provide a base onto which safety equipments (blow-out preventers) is installed throughout the drilling phase of a well and to which production flow control equipment is attached, before a well can safely put into the production. To confine the downhole pressure to the smallest inner casing and eventually the production tubing, wellheads contain annular seals, which serve to isolate the last casing into the high pressure resistant wellhead housing body. [UNEP] Type of cement: The type of cement used in the well was Hydraulic cement. Hydraulic cements are materials that set and harden after being mixed with water, because of the chemical reactions with the mixing water. After hardening, the Hydraulic cements retain strength and stability even under water. The key requirement for this strength and stability is that the hydrates formed on immediate reaction with water be essentially insoluble in water. Most construction cements today are hydraulic, and most of these are based on Portland cement, which is made primarily from limestone, certain clay minerals, and gypsum in a high temperature process that drives off carbon dioxide and chemically combines the primary ingredients into new compounds. Setting and hardening of hydraulic cements is caused by the formation of water-containing compounds, which are formed as the result of reactions between cement components and water. The reaction and the reaction products are referred to as hydration and hydrates or hydrate phases, respectively. As a result of the immediate start of the reactions, a stiffening can be observed which is initially slight but which increases with time. The point at which the stiffening reaches a certain level is referred to as the start of setting. Further consolidation is called setting, after which the phase of hardening begins. The compressive strength of the material then grows steadily, over a period that ranges from a few days in the case of ultra-rapid-hardening cements to several years in the case of ordinary cements. Non-hydraulic cements include such materials as (non-hydraulic) lime and gypsum plasters, which must be kept dry in order to gain strength, and oxychloride cements, which have liquid components. Lime mortars, for example, set only by drying out, and gain strength only very slowly by absorption of carbon dioxide from the atmosphere to re-form calcium carbonate through carbonatation. [Wikipedia] 3. Time scale The time scale for the cement specifies the amount of time in years the cement will provide the strength to the structure. Time scale of cement structure truly determines the quality of the cement structure. Time scale for the cement structures must be longest it can be. The time scale for the Egypt Temsah was more than hundreds of years. It was a building structure into the Mediterranean Sea with very strong and rigid foundation. Mediterranean sea, Port Said, well of Temsah was built with concrete materials. Wellheads were also made with the same kind of cement materials. [UNEP] Cement Success: Cement success is nothing but the successful completion of a cement structure in the various testing methods. Cement is assumed to be successful when any benchmark for the structure is completed. For-example in Egypt Temsah the platform was destroyed after many decades. This total age or decade specifies the cement success.

Change Management Essay -- Work Technology Papers

Change Management Change is not something to be taken lightly. "This issue of change is one of the greatest challenges in the workplace today" (Fralix, P., 1998). One of the pitfalls of change within an organization is employees' fear of what change will bring. Will implementing new technologies destroy my job? Will I be able to keep up with the changes in my organization? These are some of the questions that bring about employee apprehension to changes in business. This very apprehension can determine the success or the failure of change within that system. Yet change is inevitable. Much like the Darwinian theory of survival, the company that can adapt with changes in emerging technologies will survive in today's society. So how does a company adapt to changes? The company employs change management strategies in their business. What is Change Management? Why is it important for Instructional Technologists to use change management when introducing new innovations to the organization? In this paper I w ill define change management, discuss some positive strategies to change management. I will also point out why it is important for Instructional Technologists to use positive change management strategies. Change Management Changes, that makes the strain. Changes†¦ David Bowe What is Change Management? In the EBSCO Business Search there were one hundred and eighty three articles on this very topic. Obviously this is a hot topic in Management and Business journals, yet only one article offered a definition of what change management is. In the article, "Global trends in Managing Change" Lisa Kudray and Brian Kleiner offer this definition, Change Management is defined as the continuous process of aligning an organi... ...r) Top-down leadership critical to change issue. Triangle Business Journal, (14) 2, 21. Retrieved October 28, 1999 from EBSCO business search on Galileo: http://www.galileo.gsu.edu Goldwasser, C. & Schneider D. ( 1998, March). Be a model leader of change. Management Review, (87) 3 , 41-46.. Retrieved October 28, 1999 from EBSCO business search on Galileo: http://www.galileo.gsu.edu Hofman, D. & Orlikowski, W. ( 1997, Winter). An improvisational model for change Management: The case of GroupWare technologies. Sloan Management Review,(38) 2 , 11-22. Retrieved October 28, 1999 from EBSCO business search on Galileo: http://www.galileo.gsu.edu Kleiner, B. & Kudray, L (1997, May/June). Global trends in managing change. Industrial Management, (39) 3, 18-21. Retrieved October 28, 1999 from EBSCO business search on Galileo: http://www.galileo.gsu.edu

Literature Review of Selection Methods

Application forms Application forms are one of the most common selection and assessment methods in practice, used almost as much as the CV; most particularly in the public and voluntary sectors (Zibarras and Woods, 2010). Shackleton and Newell (1994) found that out of seventy-three British organisations they surveyed, 93. 2% of them used application forms. Zibarras and Woods (2010) found in a survey they conducted that the use of application forms by organisations were highest in either micro-organisations or very large organisations.The possible reasons for this could be that a very large organisation may receive a lot of applications therefore application forms may be used as a tool to refine the best applicants. In micro organisations the use of an application form could be to find out specific information about an applicant or to see whether they could cope working within such a small organisation. Another point that Zibarras and Woods (2010) recognize is that application forms a long with structured interviews can be defined as standardized selection methods.This could be interpreted as having a higher validity as in an application form an organisation can identify what they want to know about the applicant and then base the questions or the relevant information that is required, and add these into the application form. They also identify that application forms are more ‘legally defensible’. Application forms could be considered more formal, there are guidelines and everything is easy to monitor and pitted against a selection method such as a CV where the applicant has freedom to include what they want the employers to know.Management exercises Management or group exercises are an assessment method typically used within an assessment center. Blume, Dreher and Baldwin (2010) found that management and group exercises were able to assess the critical thinking and the oral communication of an applicant. However, they also found that these exercises like many other of the assessment center tasks involve high communication from the applicant and therefore may be deemed as stressful to some candidates.They go on to identify the importance of show off other skills like organisation and planning when effective oral communication is being assessed. Sackett and Dreher (1982) that when doing any group exercise at an assessment centre the most common skills that are presented through the exercise are leadership, initiative, planning and organisation, problem analysis and decision making, with scores ranging from . 67 and to . 79, the highest with either leadership or initiative.Also from this study, some key behaviours for a manager to possess are not tested very well using this assessment method, these include responsiveness; only scoring . 46, sensitivity; scoring . 47 and stress tolerance; with a score of . 54. Blume, B. D, Dreher, G. F and Baldwin, T. T. (2010). Examining the effects of communication and apprehension within assess ment centres. Journal of Occupational and Organisational Psychology (2010), 83, 663-671. The British Psychological Society. Sackett, P. R and Dreher. G. F. (1982).Constructs and Assessment Center Dimensions: Some Troubling Empirical Findings. Journal of Applied Psychology 1982, Vol. 67, No. 4, 401-410. Shackleton, V, & Newell, S. (1994). European management selection methods: A comparison of five countries. International Journal of Selection and Assessment, 2(2), 91-102 Zibarras, L. D and Woods, S. A (2010). A survey of UK selection practices across different organisztion sizes and industry sectors. Journal of Occupational and Organisational Psychology 2010, 83, 499-511. The British Psychological Society

Mitb

Malaysian Treasury Bills (MTB) MTB are short-term securities issued by the Government of Malaysia to raise short-term funds for Government's working capital. Bills are sold at discount through competitive auction, facilitated by Bank Negara Malaysia, with original maturities of 3-month, 6-month, and 1-year. The redemption will be made at par. MTB are issued on weekly basis and the auction will be held one day before the issue date. The successful bidders will be determined according to the most competitive yield offered.Normal auction day is Thursday and the result of successful bidders will be announced one day after. MTB are tradable on yield basis (discounted rate) based on bands of remaining tenure (e. g. , Band 4= 68 to 91 days to maturity). The standard trading amount is RM5 million, and it is actively traded in the secondary market. Malaysian Islamic Treasury Bills (MITB) MITB are short-term securities issued by the Government of Malaysia based on Islamic principles. MITB are usually issued on a weekly basis with original maturities of 1-year.Normal auction day is Thursday and the results of successful bidders will be announced one day after, on Friday. Both conventional and Islamic institutions can buy and trade on MITB. The MITB are structured based on Bai' Al-Inah principle, part of sell and buy back concept. Bank Negara Malaysia on behalf of the Government will sell the identified Government's assets on competitive tender basis, to form the underlying transaction of the deal. Allotment is based on highest price tendered (or lowest yield).Price is determined after profit element is imputed (discounting factor). The successful bidders will then pay cash to the Government. The bidders will subsequently sell back the assets to the Government at par based on credit term. The Government will issue MITB to bidders to represent the debt created. MITB are tradable on yield basis (discounted rate) based on bands of remaining tenure (e. g. , Band 4= 68 to 91 da ys to maturity). The standard trading amount is RM5 million, and it is actively traded based on Bai ad-Dayn (debt trading) principle in the secondary market.

Habits and Traits of the Asian Longhorned Beetle, Anoplophora glabripennis

Habits and Traits of the Asian Longhorned Beetle, Anoplophora glabripennis A recent immigrant to the United States, the Asian longhorned beetle (ALB) made its presence known quickly. Accidental introductions, probably in wooden packing crates from China, led to infestations in New York and Chicago in the 1990s. Thousands of trees were chipped and burned to prevent its spread. More recently, Anoplophora glabripennis appeared in New Jersey and Toronto, Canada. What makes this beetle so dangerous to our trees? All four stages of the life cycle damage the host trees. Description: The Asian Longhorned Beetle belongs to the family of wood boring beetles, Cerambycidae. Adult beetles measure 1-1 ½ inches in length. Their shiny black bodies have white spots or markings, and the long antennae have alternating black and white stripes. The Asian longhorned beetle may be mistaken for two species native to the U.S., the cottonwood borer and the whitespotted sawyer. All other stages of the life cycle occur within the host tree, so its not likely you will see them. The female chews away a small amount of bark and lays white, oval eggs singly within the tree. Larvae, which are also white and resemble small grubs, chew their way through the vascular tissue of the tree and move into the wood. Pupation happens within the tunnels the larvae create in the wood. The newly emerged adult chews its way out of the tree. Usually, identification of this pest is made by observing damage to the host trees, and then finding an adult beetle to confirm the suspected infestation. When the female oviposits, it causes the sap to weep. When a tree has multiple wounds with dripping sap, wood borers may be suspected. As the adults chew their way out of the tree, they push large amounts of sawdust from their exit holes. This accumulated sawdust, usually around the base of the tree or piled in the crotch of branches, is another sign of the Asian longhorned beetle. The adult beetle emerges from an oval exit hole about the size of a pencil eraser. Classification: Kingdom - AnimaliaPhylum - ArthropodaClass - InsectaOrder - ColeopteraFamily - CerambycidaeGenus - AnoplophoraSpecies - A. glabripennis Diet: Asian longhorned beetles feed on wood of many common hardwood species: birches, common horsechestnuts, elms, hackberries, London planes, maples, mountain ashes, poplars, aspens, and willows. They show a particular preference for maples. Larvae feed on the phloem tissue and wood; adults feed on bark during their mating and egg-laying period. Life Cycle: Asian longhorned beetles undergo complete metamorphosis with four stages: egg, larva, pupa, and adult. Egg - Eggs are laid singly within the host trees bark, and hatch in 1-2 weeks.Larva  - Newly hatched larvae tunnel into the vascular tissue of the tree. As they mature, larvae migrate into the wood, causing extensive damage. Larvae may reach 5 cm in length when fully grown, feeding for at least 3 months.Pupa - At maturity, the larvae move near the surface of the tree (under the bark) to pupate. Adults emerge in about 18 days.Adult - The adult beetles actively mate and lay eggs throughout the summer and fall. Special Adaptations and Defenses: Asian longhorned beetle larvae and adults chew wood with large mandibles. Adults, especially males, display long antennae used to sense the sex pheromones of potential mates. Habitat: Areas where host trees are available, particularly where maples, elms, and ash are in abundance. In the U.S. and Canada, known Asian longhorned beetle infestations have occurred in urban areas. Range: The Asian longhorned beetles native range includes China and Korea. Accidental introductions expanded the range to include the United States, Canada, and Austria, hopefully temporarily. The introduced populations are believed to be under control. Other Common Names: Starry sky beetle, Asian cerambycid beetle Sources: Asian Longhorned Beetle, Canadian Forest ServiceAsian Longhorned Beetle, University of Vermont Entomology Researh Laboratory

Dell essays

Dell essays SWOT analysis of Dell Computers History: The company was founded in 1984 by Michael Dell, now the computer industry's longest-tenured chief executive officer, on a simple concept: that by selling personal computer systems directly to customers, Dell could best understand their needs, and provide the most effective computing solutions to meet those needs. Today, Dell is enhancing and broadening the fundamental competitive advantages of the direct model by increasingly applying the efficiencies of the Internet to its entire business. Company revenue for the last four quarters totaled $19.9 billion. Through the direct business model, Dell offers in-person relationships with corporate and institutional customers; telephone and Internet purchasing (the latter now exceeding $18 million per day); customized computer systems; phone and online technical support; and next-day, on-site product service. Dell arranges for system installation and management, guides customers through technology tra nsitions, and provides an extensive range of other services. The company designs and customizes products and services to the requirements of the organizations and individuals purchasing them, and sells an extensive selection of peripheral hardware and computing software. Nearly two-thirds of Dell's sales are to large corporations, government agencies and educational institutions. Dell also serves medium and small businesses and home-PC users. Dell's Unique Direct Model: Dell's award-winning customer service, industry-leading growth and consistently strong financial performance differentiate the company from competitors for the following reasons: Price for Performance With the industry's most efficient procurement, manufacturing and distribution process, Dell offers its customers powerful, richly configured systems at competitive prices. Customization Every Dell system is built to order. Customers get exactly what they want. Reliability, Service and Su...