Accounting Assignment Example | Topics and Well Written Essays - 2250 words

Accounting - Assignment Example According to data revealed from the New York Stock Exchange, the company is traded under the ticker symbol of WMT. Currently it yields a price earnings ratio of 15.48 with a beta coefficient of 0.24. With 3,810,170,000 of outstanding shares, the company has a market capitalization of USD 202.47 billion. The performance of Wal-Mart has improved steadily over the last three years. In the year 2007 the company reported an annual turnover of $344759 million which has risen to $401211 million in the year 2009. This marks an increase of nearly 16 percent. The operating cost of the company has remained stable at approximately 95 percent for the last three years. Wal-Mart has been successful in managing the operating costs of the company. There has been a rise in the interest cost on debt of the company that has moved up from $1549 million in 2007 to $1896 million in 2009 which is a rise of nearly 22 percent. This is due to the rise in the debt component of the company. The net income of the company has steadily moved up over the years. In 2007 the company reported a net income of $11284 million that increased to nearly $13400 million in 2009, an increase of nearly 18 percent. The cash position of the company has improved significantly over the previous year. Cash and cash equivalents of the company was $5569 million in 2007 and this increased to $7275 million at the end of the financial year 2009. The current ratio represents the ability of a company to meet its short term liabilities out of its current assets. Investors view current ratio as a measure of the liquidity condition of a company. As per the theories this ratio should be 2:1 which means the company retains current assets which are double the amount of current liabilities, but the bench mark varies from industry to industry. Wal-Mart’s current ratio has improved in 2009 as compared to 2008, hence the company has enhanced its liquidity position and the risk associated with short term solvency

Political Philosophy Questions Essay Example | Topics and Well Written Essays - 750 words

Political Philosophy Questions - Essay Example He argues that for a general will to be real, it must come from everyone for everybody hence having a formal and substantive aspect. Formally, in the sense that application of the law should be general such that it applies on every person. The general will institute human rights because it is a force of the just and good as it is independent and sovereign. Through this, the community is under the control of everybody and their rights therefore no one can take any action without the permission from all. There is removal of individual achievements through this kind of dependency because all the power is in the sovereign of the community. When there is a major decision to make, they participate in voting instead of the benefit of a debate. Political communities can be of great use in releasing people from their mistaken perception, conflicts, and corruption. General will is supreme and everyone despite his or her position in the society has to obey it fairly. The rulers in political history who have employed general will in ruling in their administration have clearly shown a vibrant benevolence and love for humanity (â€Å"Stanford Encyclopedia of Philosophy†). Participatory democracy is the process of stressing the participation of constituents in the operation of a political system. It tries to make every member of a population make valid contribution in decision-making process. Representative democracy is the process of electing representatives through elections so that they can represent a group of people in the decision-making processes. There are two possible ways of combining both democracies through coexistence at diverse levels and complementariness. That is an interaction between participatory and representative democracies. For instance, when there is a decision to make from a political society, in order to increases participation at the local level politicians can return the power that was