Financial Resources Research Proposal Example | Topics and Well Written Essays - 3000 words

Financial Resources - Research Proposal Example Every company as a mandatory requirement by government prepares the auditor's report. This report satisfies the company's various stakeholders i.e., government, investors, lenders, suppliers and a general reader of financial statements that the company's annual report has been prepared fairly. Both the companies' auditor report gives a true and fair view of the company's performance. The profit and loss statement is important for the stakeholders interested in reviewing the financial performance of the company over the year. Caf Nero Plc's profit and loss statement is much well defined showing profit than that of Coffee Republic Plc showing loss for the period. It is of importance to the stakeholders who are interested in the financial position of the company for a particular point in time. Caf Nero Plc's balance sheet show an increasing net worth of the company, while the balance sheet of Coffee Republic Plc shows a declining net worth of the company. This statement shows the company's position in terms of cash availability. Cafe Nero Plc's cash flow statement shows an increase in total cash available in the company, whereas the Coffee Republic Plc's cash flow statement shows a severe decrease in cash for the year 2005. The notes provide an insight into the company's financial position and performance by showing breakdowns of facts and figures stated in its financial statements. ... Although, there has been a practice for the companies listed in the London Stock Market, but the companies under consideration has no such trend. None of the company has included an operating and financial review statement in its annual report. Hence, their relevance cannot be figured out in terms of providing information to the companies' stakeholders. 3- CAF NERO PLC - FINANCIAL PERFORMANCE EVALUATION The financial performance of Caf Nero Plc has been analysed with the help of financial ratios on the basis of data obtained from the company's annual report for the year 2005, 2004 and 2003. PERFORMANCE 2005 2004 2003 Return on Capital Employed 13.31% 7.16% 4.14% According to this ratio, the return generated by the company on the capital employed by the company has been increasing for the three years. It was 4.14% in 2003 and increased to 13.31% in the year 2005. This shows that the company has been performing well over the years to generate return on the capital it has employed by the company. 2005 2004 2003 Return on Equity 31.37% 23.93% 6.29% The return generated by the company on the funds invested by shareholders has also been increasing over the years. The company generated 6.29% return on its equity in the year 2003, which increased to 31.37% in 2005. This exhibits brilliant performance on the part of the company's management. PROFITABILITY 2005 2004 2003 Net Profit Margin 8.57% 4.66% 2.90% This ratio shows that the company has been getting more and more profit for the last three years on its sales after accounting for various costs such as cost of sales, operating costs etc. This ratio has almost quadrupled over just three years, showing a remarkable

Egyptian Religion Essay Example | Topics and Well Written Essays - 5750 words

Egyptian Religion - Essay Example The people would revere the king as a person having a divine person. The king is also described as a human being. Also, the king is also depicted in movies and storybooks as a dictator king. The people bow down and obey his commands without hesitation. The following paragraphs explain the three interconnecting functions of the king or pharaoh. The king’s role in Egyptian religion is three -pronged. First, the king has a divine function. Second, the king is has a human form. Lastly, the king has an influential political role to implement on his subjects. First, the king has a divine function. The king is considered a god. The Egyptians were believed to have conceived the world as a social process that from dawn to dusk. The Egyptian king helps maintain the balance of the universe after its original maintainer was treacherously killed. The king is also helped by the Egyptian priests in the maintenance of a universe that moves in complete harmony. This theory of the delicate balance that the Egyptian universe hangs shows that the king plays a very precarious role indeed. The King’s power then extends beyond the horizon in Egypt because the sky also extends to the far reaches of the king of Egypt. The king is also called by such names as gods of the provinces, gods of the towns of the earth and other names (Quirke 70). As a god, the king grants prizes and rewards to his subjects that follow his every command.The book Ancient Egyptian Kings states that the kings were revered as gods through the construction of monuments like the landmark Pyramid. Egyptian society looked at the king as an elite member of society. Many quarters in Egypt even consider their king as more important than their gods in heaven. The country could not run without the king god ruling over them. In fact, the king is considered as the unifying apex of any dualities that form the Egyptian society. The king services as the mediator between the people and the Egyptians gods up in the sky. The king god of Egypt is replaced by heredity. This means that the next King -god must be the son of the current king. In addition, the god Horus was worshipped in Egypt by many people. The goddesses namely Wadjet and Buto, Saisin were linked to the Egyptian king (Baines, 100). The king gods were often helped by their temple priests.The king built temp les in the form of pyramids. And the province of Fayoum is one of the largest oases in Egypt. This is located Southwest of the Egyptian capital city of Cairo. The temple in antique for. "the kings of the 12th Dynasty (1991-1786 BC) chose to build their capital city here, and to be buried in pyramids built nearby, on the edge of the desert. Subsequently, priests and other personnel were employed in the pyramid temples, where the king's mortuary cult was performed after his death and burial. Around this nucleus, the community soon developed and lawyers, doctors, scribes, craftsmen, tradesmen and all the other elements of a thriving society came together.1" The above quote shows that a major portion of an ordinary Egyptian's life is spent constructing the pyramids. The pyramids have always caught the amazed and awe of its spectators. For, the ordinary people of today do not know how such a huge mammoth building was built with the primitive instruments that the Egyptians used during those time period. The pyramid is the resting place of the pharaoh or king when he dies. It has a locking mechanism so that no one can enter the tomb after the king is buried. For, this pyramid lock is used to prevent the looting of the treasures hidden inside the dead king's pyramid chamber. For."throughout the ages,