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Smart Bombs: The History and Future of Strategic Bombardment Essay

Shrewd Bombs: The History and Future of Strategic Bombardment Presentation Each child wants to hear stories from their grandparents about something that they have encountered in their life. For me, the absolute best stories originated from my dad about the air war that was pursued over Europe during World War II. He frequently let me know of a day that an arrangement of just about 1,000 aircraft flew over his base: The automaton of the planes could be heard for a significant distance and caused us on the ground to feel as little as ants. There were more than 1,000 of them overhead, in an ideal arrangement, every one with four motors thundering. They looked invulnerable to us on the ground; there were such a significant number of them. Subsequent to seeing the devastation that they brought upon the German urban areas and processing plants, I was grateful they were our ally. Those invulnerable planes my dad let me know of were American B-17 Bombers. With a scope of 1,850 miles, a most extreme roof of 35,600 ft. furthermore, a bomb heap of 8,000 pounds, the B-17 Flying Fortress was one of the most equipped for the long range planes of World War II. Despite the fact that these insights are great, the innovation that made this aircraft so noteworthy was its bomb sight. The United States Army Air Corps asserted that its Norden Bomb sight, which was utilized in the B-17, could place a bomb in a predicament barrel at 20,000 feet. Though it was not exactly as precise as guaranteed, it could hit a 100 foot square objective region reliably from 20,000 feet. Utilizing this bomb sight, which was viewed as top mystery for the main long periods of the war, arrangements of up to 1,000 B-17's future ready to hit an objective with no attempt at being subtle precisely. The impacts of these besieging runs were felt intensely in the Germans producing industry. On October 14, 1943, 229 B-17s ... ...003. 19 March. 2004. http://www.astronautix.com/lvs/batasmn2.htm Website admin. GBU-15. Military Analysis Network. May 13. 2003. 19 March. 2004. <http://www.fas.org/man/dod-101/sys/savvy/gbu-15.htm> Website admin. Guided Bomb Unit-10 (GBU-10). Military Analysis Network. 19 February. 1998. 19 March. 2004. <http://www.fas.org/man/dod-101/sys/savvy/gbu-10.htm> Website admin. Guided Bomb Unit-28 (GBU-28) Bunker Buster. Military Analysis Network. 28 February. 1998. 19 March. 2004. <http://www.fas.org/man/dod-101/sys/savvy/gbu-28.htm> Website admin. Joint Direct Attack Munition (JDAM). May 13. 2003. 19 March. 2004. ? <http://www.fas.org/man/dod-101/sys/savvy/jdam.htm> WWII Statistics. 1999. <http://www.angelfire.com/ct/ww2europe/stats.html> ' Dirigible ZI. Spartacus School Net. <http://www.spartacus.schoolnet.co.uk/FWWzeppelin.htm>

Darden Restaurants Inc. - Financial Analysis Example

Darden Restaurants Inc. - Financial Analysis Example Darden Restaurants Inc. - Financial Analysis â€" Essay Example > Task: Darden Restaurants Inc. - Financial Analysis Introduction Darden Restaurant Inc. is a Fortune 500 company that operates a chain of restaurants. It is headquartered in Orlando, Florida, U.S. Since it operates one of the world’s largest restaurant chains, the company is dedicated to delivering quality to its customers. This essay presents the company’s financial analysis for five years (from 2010 to 2014) using ratios. The ratios are the current ratio, the return on capital employed and the debt/equity ratio (Darden Restaurant). Return on capital employed (ROCE) - capital employed can be simplified as the total assets minus current liabilities. For this reason, return on capital employed ratio indicates the return generated by every pound invested as capital employed. Concerning Darden Restaurant Inc. , the return on capital employed in the fiscal year 2010, 2011, 2012, 2013 and 2014 is 10.13%, 11.40%, 11.40%, 7.46%, and 5.22% respectively (see table 2). The ratio interpre tation for the year 2014 means that 5.22% of the company’s operating profit was generated by the corporation’s capital employed. A similar argument applies to the rest of the years but with different figures. The trend of the return on capital employed during the five-year period starting 2010 increased, stabled, decreased, and decreased respectively. The trend is attributed to the fluctuations in both the net profit and capital employed (see Table 1). Based on the analysis, the utilization rate of the company’s capital employed decreased for the year 2014. The company should increase the utility rate in order to generate more returns (Peterson and Fabozzi 25-32). Current ratio (CR) - this ratio measures the ability of the business to meet its current obligations using the current assets. It is advisable for the ratio of current assets to current liability to be 2: 1. Concerning Darden Restaurant Inc. , the current ratio for the year 2010 to 2014 has been determined to be 0. 5408 times, 0.5159 times, 0.427 times, 0.54 times, and 1.221 times respectively (see table 2). Considering the ratio for the year 2013, the company had $ 0.54 of current assets to cover every dollar of the current liabilities. The trend for the ratios between the periods shows an increase, decrease, increase and an increase respectively. The increase is attributed to the fluctuations in both the current liabilities and current assets (see Table 1). The ratio clearly shows that from 2010 to 2013, the company was not liquid enough to sufficiently settle its short-term obligations using the current assets. The liquidity levels improved in the year 2014. For this reason, the company should either maintain or increase the cash level. The appropriate strategy of increasing the liquidity level is by increasing the level of cash alongside increasing the investment in marketable securities (Peterson and Fabozzi 25-32). Debt/Equity ratio (D/E) - the ratio indicates the proportion of fixed ch arge capital in the capital structure of a firm and the capability of the company to meet its long run obligations. Concerning Darden Restaurant Inc. , the ratio for 2010 to 2014 has been determined to be 74.38%, 72.68%, 78.92%, 121.20% and 115% respectively (see table 2). For instance, in the year 2010, 74.38% of the company’s capital was fixed charge capital and the other 25.62% was equity. Based on the analysis, the company’s debt ratio steadily increased from the year 2010 to 2013, but, decreased in 2014. The trend is attributed to the fluctuations in the levels of both fixed charge capital and equity (see Table 1). From the analysis, the company’s leverage level is excessively high for the entire period. For this reason, Halfords Group plc faces a high debt risk (Peterson and Fabozzi 25-32). Summary Based on the above ratio analysis, it has been determined that the company’s ROCE decrease toward the year 2014. An increase in the utilization rate of capital employed is advised. Based on the current ratio, the liquidity levels of Darden Restaurant improved in the year 2014. The standard of liquidity should either improve (through investing in cash and other marketable securities) or be maintained. Based on the debt/equity ratio, the company’s gearing level is excessively high, thus, exposes the company to the risk of debt default. The company should, therefore, implement strategies that could lower the gearing level. Works Cited Darden Restaurant 2015. Web. 12 Feb. 2015. http: //www. darden. com/ Darden Restaurant annual report (2010-14). Web. 12 Feb. 2015 http: //investor. darden. com/investors/financial-information/Annual-Reports/default. aspx Peterson, Pamela P, and Frank J. Fabozzi. Analysis of Financial Statements. Hoboken: John Wiley Sons, 2012. Internet resource. Table 1: the balance sheet and income statement used to calculate the ratios Year 2014 2013 2012 2011 2010 Current assets ($ m) 1976.4 764.9 757.6 663.8 678.5 Current liabilities ($ m) 1618.5 1416.4 1774.1 1286.8 1254.6 Net profit ($ m) 286.2 411.9 475.5 476.3 404.5 Net assets ($ m) 5482.2 5520.5 4170.1 4179.8 3992.8 Fixed charge debt ($m) 2481.4 2496.2 1453.7 1407.3 1408.7 Equity ($m) 2156.9 2059.5 1842 1936.2 1894 Source: Darden Restaurant annual report (2010-14) Table 2: the ratio calculations Year 2014 2013 2012 2011 2010 CR = (Current assets/Current liabilities) 1.221 0.54 0.427 0.5159 0.5408 ROCE = (Net profit/Net Assets)*100 5.22% 7.46% 11.40% 11.40% 10.13% D/E = (Fixed charge debt/Equity)*100 115.00% 121.20% 78.92% 72.68% 74.38% Source: (Peterson and Fabozzi 25-32)

African Americans Shape The Course And Consequences Of The...

In what ways did African Americans shape the course and consequences of the Civil War? In the village of Hampton there was a man who goes by the name of Benjamin F. Butler who had in his words, â€Å"a large number of Negros, many of them are composed in a great measure of women and children who had fled thither within my lines for protection, who had escaped from marauding Rebels who had been gathering up able-bodied blacks to aid them in construction their batteries on the James and York rivers... (Doc A)† This may prove to us that Ben was a slave owner in Virginia possibly before the Civil War and during the Civil War. Ben had some questions on his mind about his slaves, â€Å"First, what shall be done with them? Second, what is their state and condition? Upon these questions I desire the instruction of the department. (Doc A)† He had many other questions about his slaves and how the way he was treating them, â€Å"... Are these men, women, and children slaves? Are they free? Is their condition that of men, women, and children, or of property, or is it a mixed relation? What has been the effect of rebellion and a state of war on their status? (Doc A)† Ben had his moments on his questions about the slaves and the events that are going on, but he had something to say to his questions in his head, â€Å"When I adopted the theory of treating the able-bodied Negro fit to work in the trenches as property liable to be used in aid of rebellion, and so contraband of war, that condition of things wasShow MoreRelatedIn What Ways Did African Americans Shape the Course and Consequences of the Civil War? Confine Your Answer to the Years from 1861 to 1870.1277 Words   |  6 PagesWhen the Civil War began in 1861, the issue of slavery was not the central focus of the war effort on the side of the Union. While it was still important to many in the North, the main war aim of the Union side was to preserve the Union and make sure it remained intact. 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Case Analysis Strategic Management - 928 Words

Some of the issues The Northern Bank are facing is that they cannot give the type and quality services to their customers as they used to. Many of the jobs performed at all level are becoming expensive to operate and the nature of the marketing task has become more complex. First and foremost, active research has to be conducted in all areas throughout the company to get a better understanding of the problems. Strategic management is based on planning, which starts with identifying the objectives of the company. Based on these objectives, the company can chose its business strategy. Collaboration from each branch even if the company can choose the participants to define the problem, and chooses the solutions. Each branch knows the best†¦show more content†¦You can bet they will give you their OK and will probably appreciate your loyalty to them, which should help you bond with a long-term client. (Tuccy, Phil). Insurance Group Consulting LLC Share Problems to make the customer’s problem your problem. Mikkelsen, Scott Mikkelsen, Kelly, Kipp Insurance. Provide useful, engaging content on social media to attract new customers and retain relationships with existing ones. Always remember that social media is conversational. Never ignore anyone. (Foster Valerie. Monitor Liability Managers). Target certain industries/client sizes/etc. and tell them exactly why you’ve identified them as benefiting from what you have to offer. Prospects can be more receptive. – Brad Tamulski, Baldwin Krystyn Sherman Partners . Today’s customers may not always be right, but they certainly know what they want. Both consumers and commercial customers have virtually instant access to product and pricing information, they demand products and services customized to their individual needs. They expect high levels of service. That makes capturing and retaining their business more challenging than ever. To succeed, marketing and sales organizations must combine forces and use all the talents, tools, technologies, and channels at their disposal to win in today’s increasingly competitive marketplace. In order to evaluate the strategies and ideas one needs to ask certain questions beforeShow MoreRelatedStrategic Management: Huawei Case Analysis2526 Words   |  11 PagesStrategic Management Huawei Case Analysis Huawei: Cisco’s Chinese Challenger Introduction By this case analysis, some basic points are going to be mentioned like current strategies used by Huawei, its challenges and issues, the situational analysis, and its competitive strategies used and new strategies adopted for its improvement. Before getting to discuss those points, we need to know some background about Huawei in order to gain its familiarity to the case. 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Alcoholism and Theme Jake Doesn Free Essays

The Sun Also Rises Quote Literary Element Commentary can’t get away from yourself by moving from one place to ) conflict Jake is trying to explain that you can’t find happiness by moving to another place. You have to find happiness within yourself wherever you may be in life. â€Å"l mistrust all frank and simple people, especially when their stories hold together† (12) theme Jake doesn’t trust the ones who are upfront and real because he is so used to seeing everyone who is fake. We will write a custom essay sample on Alcoholism and Theme Jake Doesn or any similar topic only for you Order Now â€Å"This is a good place,† he said. There’s a lot of liquor,† I agreed. † (19) characterization From having a hard life, Jake has seem to fallen on alcohol to heal the wounds throughout his life. He is always drinking and being drunk during the story. â€Å"No, I don’t like Paris. It’s expensive and dirty. † (26) setting Here George explains to Frances how she doesn’t like Paris for it is too expensive. Since this book Is placed In the sass’s. Everywhere at this time was expensive because of WWW â€Å"l was a little drunk. Not drunk in any positive sense but Just enough to be careless. † (29) theme Jake refers to being drunk and he mentions It can be positive. The characters In this kook drink like it essential to living and that it is a great thing. â€Å"He looked a great deal as his compatriot must have looked when he saw the promised land†¦. He had that look of eager. Deserving expectation. † (29) characterization Cohn was looking at Brett because he thought she was absolutely stunning and he had hopes of being with her. â€Å"Couldn’t we live together, Brett? Could we Just live together? † â€Å"l don’t think so. I’d just trooper you with everybody. † (62) conflict Jake and Brett want to be together but Brett can’t live with Sake’s disability and she says that she would always cheat on Jake if they did live together. Never fall in love? † â€Å"Always,† said the count. â€Å"l am always In love. † (67) The count says he is always in love, this points out the fact that he is a hopeless romantic and it could also mean he Is not happy with himself so he seeks love to compensate. Friends,† said Mike. â€Å"l had a lot of friends. False friends. Then I had creditors, too. Probably had more creditors than anybody in England. † (141 ) theme Mike has lost all his money from having fake friends. HIS friends were only his friends because of his fortune and wealth. â€Å"Don’t you know you’re not wanted? † (146) Mike says this to Jake and It shows that Mik e Is someone who has no filter on what they say. Whatever he thinks, he says. Under the wine I lost the disgusted feeling and was happy. It seemed they were all such nice people. (150) theme lake uses alcohol to mask his telling an like he wants to believe they are. That his trends aren’t nice † ‘Oh, Jake,’ Brett said, ‘we could have had such a damned good time together. ‘ ‘Yes,’ I said. ‘Isn’t it pretty to think so? ‘ † (251) conflict Brett and Jake wish that the could be together but they know they can’t. If it wasn’t for lake’s impotence, then they could have a great life together. How to cite Alcoholism and Theme Jake Doesn, Papers

Alcoholism and Theme Jake Doesn Free Essays

The Sun Also Rises Quote Literary Element Commentary can’t get away from yourself by moving from one place to ) conflict Jake is trying to explain that you can’t find happiness by moving to another place. You have to find happiness within yourself wherever you may be in life. â€Å"l mistrust all frank and simple people, especially when their stories hold together† (12) theme Jake doesn’t trust the ones who are upfront and real because he is so used to seeing everyone who is fake. We will write a custom essay sample on Alcoholism and Theme Jake Doesn or any similar topic only for you Order Now â€Å"This is a good place,† he said. There’s a lot of liquor,† I agreed. † (19) characterization From having a hard life, Jake has seem to fallen on alcohol to heal the wounds throughout his life. He is always drinking and being drunk during the story. â€Å"No, I don’t like Paris. It’s expensive and dirty. † (26) setting Here George explains to Frances how she doesn’t like Paris for it is too expensive. Since this book Is placed In the sass’s. Everywhere at this time was expensive because of WWW â€Å"l was a little drunk. Not drunk in any positive sense but Just enough to be careless. † (29) theme Jake refers to being drunk and he mentions It can be positive. The characters In this kook drink like it essential to living and that it is a great thing. â€Å"He looked a great deal as his compatriot must have looked when he saw the promised land†¦. He had that look of eager. Deserving expectation. † (29) characterization Cohn was looking at Brett because he thought she was absolutely stunning and he had hopes of being with her. â€Å"Couldn’t we live together, Brett? Could we Just live together? † â€Å"l don’t think so. I’d just trooper you with everybody. † (62) conflict Jake and Brett want to be together but Brett can’t live with Sake’s disability and she says that she would always cheat on Jake if they did live together. Never fall in love? † â€Å"Always,† said the count. â€Å"l am always In love. † (67) The count says he is always in love, this points out the fact that he is a hopeless romantic and it could also mean he Is not happy with himself so he seeks love to compensate. Friends,† said Mike. â€Å"l had a lot of friends. False friends. Then I had creditors, too. Probably had more creditors than anybody in England. † (141 ) theme Mike has lost all his money from having fake friends. HIS friends were only his friends because of his fortune and wealth. â€Å"Don’t you know you’re not wanted? † (146) Mike says this to Jake and It shows that Mik e Is someone who has no filter on what they say. Whatever he thinks, he says. Under the wine I lost the disgusted feeling and was happy. It seemed they were all such nice people. (150) theme lake uses alcohol to mask his telling an like he wants to believe they are. That his trends aren’t nice † ‘Oh, Jake,’ Brett said, ‘we could have had such a damned good time together. ‘ ‘Yes,’ I said. ‘Isn’t it pretty to think so? ‘ † (251) conflict Brett and Jake wish that the could be together but they know they can’t. If it wasn’t for lake’s impotence, then they could have a great life together. How to cite Alcoholism and Theme Jake Doesn, Papers