Patrick Gibeau, 50917160, lab section A2 Essays - Otters, Fur Trade

Patrick Gibeau, 50917160, lab segment A2 I accept that as per the information introduced in tables 1 and 2 that ocean otter predation on invertebrate wealth is in truth diminished by more elevated levels of rugosity in a specific way. In table 1 we are given three distinctive site with shifting degrees of rugosity. The primary site having the least degrees of rugosity, the second having the most and the third being medium, generally in the middle of site 1 and 2. The subsequent table gives the wealth of snail, crab and mussel's in a range of 100m2 in every one of the three distinct destinations; both without the Sea-Otters and after the nearness of Sea Otters for a long time. On the off chance that our theory (that the higher the rugosity, the more troublesome it is for Sea-Otters to originate before upon the spineless creatures bringing about a higher plenitude) is to be right we should see a decrease in invertebrate wealth in each of the three of the locales (since the nearness of Sea Otters would cause a decline)but scal ed so the biggest decay is in site 1 (having the most minimal rugosity), the second biggest decrease in site 3 ( having the second least rugosity) and the least decrease being in site 2 ( having the most elevated rugosity). Endless supply of the table 2 we see a decrease in invertebrate populace no matter how you look at it in each of the three destinations. We see a general pattern that the most extreme decrease in Crab, Mussel and Snail plenitude happens in site 1 as anticipated. Our speculation is additionally bolstered as table 2 shows that the Mussel and Snail wealth in site 3 is the subsequent least affected and site 2 is the least affected. In spite of the fact that the Crab plenitude in site 2 and site 3 is to some degree an irregularity in our table, demonstrating that site 3's crab populace was least affected by the predation of Sea Otters. It despite everything is higher than that of site 1; which means it despite everything bolsters our theory, however maybe shows that C rabs are less affected by the Sea Otter's predation in regions with higher rugosity up until a specific point. At one point it is conceivable that a rugosity that is too incredible effects their versatility and keeps them from getting away. All things considered, the information appeared in the two tables give solid proof supporting our theory. In synopsis I accept that Sea Otter predation on invertebrate bounty is decreased by the nearness of a higher rugosity, and the information in table 1 and two backings this case.

Film and Countless Alien Eggs Essay

I was in the center school. I despite everything recollected the inclination when I originally watched this film. It was alarming to the point that I couldn’t even inhale, and I once feared that these outsiders would go to our planet and decimate our mankind. There is no uncertainty that this film is a magnum opus in the Sci-Fi/blood and gore movie history. The chief Ridley Scott made an astonishing film. The story for the most part tells about a business towing spaceship, which conveys seven team individuals, and gets a signal structure a planet, so they choose to look at it. Three of team part Dallas, Kane and Lambert find a neglected spaceship which contains incalculable outsider eggs; one of these assaults Kane and makes him oblivious. After Kane is brought to the boat, the odd thing occurs. An outsider erupts from Kane’s’ chest and slaughters all the team individuals with the exception of Ridley. By her insight and braveness, she at long last executes the outsider and break from the spaceship. Movies about UFO and spaceships are incredibly mainstream in the film business particularly in America, however in different nations it’s not well known by any stretch of the imagination. I think it is on the grounds that schools in United States center more around instructing students’ creative mind and innovativeness. Individuals love to see films about future world and extraterrestrial life. As we probably am aware, our universe is very enormous; many individuals accept that outsiders do exist some place. Some gossip says they visited us and government knew it, yet for reasons unknown they didn’t need individuals to know. The greater government needs to cover the presence of outsider, the more individuals need to know reality. That’s why Sci-Fi motion pictures can prevail in the movies so well. The Alien is one of the best Sci-Fi motion pictures in the history. A few people think it additionally can be classified as a blood and gore flick as well. There are such huge numbers of terrifying minutes in this film; some are truly gross and nauseating. The impact of chest blasting of Kane is as yet astounding; even it was a film that recorded 30 years prior. Executive made an extremely alarming animal, the outsider. They have no sex, or you can say they are bisexual. They have no belly and duplicate truly quick, and their blood is made by solid corrosive, which can infiltrate a few stories of the goliath spaceship. It makes them difficult to slaughter, and the most frightening thing is they utilize human body to recreate. When the infant outsider all set from its host, they will blast out from their dad/mother’s chest and right away execute him/her. The outsider catches all the audience’s eye. Its monster body and gross slobbering mouth makes the terrifying climate, which make crowd fear and uneasiness. The achievement of Alien was firmly connected to the foundation of America around then. The Alien was conceived in the period of the Cold War. Individuals were living under the colossal tension from different nations. The sentiment of the frenzy to the vulnerability simply like an outsider was stowing away in the haziness, which was going to kill somebody. By watching this film, crowds can discharge the weight and overlook the torment of reality. The Alien is a stunning film, which mixes components of Sci-Fi and awfulness to make a very ghastliness and fabulous film. I couldn't want anything more than to watch this film again and prescribe to all the individuals who like Sci-Fi and blood and gore films.

Telenurracing Essay Examples

Telenurracing Essay ExamplesIn the title essay, it is important to put yourself in the protagonist's shoes. Of course, you must also consider the viewpoint of your readers, but it is vital that you make yourself a character worthy of being the protagonist.This will ensure that you take the appropriate actions and decisions at the right perspective. The first thing to think about is your title. Which character are you thinking of as the protagonist?A good example is in the Canberra Rape and Murder Case. It is a fictional tale where a young woman named 'Vicki' and a grown man are attacked and murdered by a group of men while out shopping. As in real life, this is not a fair story. However, the writer's intention is not to create a right or wrong story but just an example to help the reader take the right action.Based on the victim's viewpoint, can we determine what is best for the victim? We are looking at it from the point of view of the perpetrators, so their goal is not to just get away with it. Rather, their objective is to cause psychological, physical and emotional pain on Vicki and ultimately cause her death.Also consider the art direction. Sometimes, a title will have an impact on the content or even the actual content. In real life, the best visual design is one that is very clear and very simple, yet evocative. The best art direction is one that is powerful enough to really set a scene.But, it must be done in the right focus. For example, in the ACT Policing Union case, the first art direction was to show the male police officer who was obviously bent over in the police car's rear-view mirror, with his pant leg caught in the door - an obviously sexual display that could possibly cause her some discomfort.But, the lack of any knowledge of the women who were constantly with him could mean that he was simply feeling ungrounded and unsure of himself and how to be a cop. In such situations, the art direction is not about setting up a scene, but it is about c reating a story.The key to determining the right art direction is knowing the intent of the author. Now that you know the intent, you can create a story using the art direction to draw the eye. You will want to use only colors that will stand out, so if you have no idea how to do this, you may want to hire a freelance artist to help you out.

How to Create Behavior Contracts for Students

Every teacher has at least one challenging student in her class, a child who needs extra structure and incentive to change bad behavior habits. These arent bad kids; they often just need a little extra support, structure, and discipline. Behavior contracts can help you mold the behavior of these students so that they no longer disrupt learning in your classroom. What Is a Behavior Contract? A behavior contract is an agreement between the teacher, student, and the students parents that sets limits for student behavior, rewards good choices, and outlines consequences for bad choices. This type of program sends a clear message to the child by communicating with them that their disruptive behavior cannot continue. It lets them know your expectations and what the consequences of their actions, both good and bad, will be.   Step 1, Customize the Contract First, make a plan for change. Use this behavior contract form as a guide for the meeting you will soon have with the student and his/her parents. Tailor the form to your particular situation, taking into consideration the personality and preferences of the child you are helping. Step 2, Set Up A Meeting Next, hold a meeting with the involved parties. Perhaps your school has an assistant principal in charge of discipline; if so, invite this person to the meeting. The student and his/her parents should attend as well. Focus on 1 to 2 particular behaviors that you would like to see change. Dont try to change everything at once. Take baby steps toward major improvement and set goals that the student will perceive as achievable. Make it clear that you care about this child and want to see him/her improve in school this year. Emphasize that the parent, student, and teacher are all part of the same team.   Step 3, Communicate the Consequences Define the tracking method to be used on a daily basis for monitoring student behavior. Describe the rewards and consequences that correlate with behavior choices. Be very specific and clear in this area and use quantitative explanations whenever possible. Involve the parents in designing a system of rewards and consequences. Make sure that the chosen consequences are truly important to this particular child; you can even ask the child for input which will make him/her buy into the process even further. Have all involved parties sign the agreement and end the meeting on a positive note. Step 4, Schedule a Follow-Up Meeting Schedule a follow-up meeting 2 to 6 weeks from your initial meeting to discuss progress and make adjustments to the plan as needed. Let the child know that the group will be meeting again soon to discuss their progress. Step 5, Be Consistent in the Classroom In the meantime, be very consistent with this child in the classroom. Stick to the wording of the behavior contract agreement as much as you can. When the child makes good behavior choices, offer praise. When the child makes poor choices, do not be apologetic; if needed, pull out the contract and review the terms that the child agreed upon. Emphasize the positive consequences that can come as a result of good behavior and enforce any negative consequences of the childs bad behavior that you agreed upon in the contract.   Step 6, Be Patient and Trust the Plan Most of all, be patient. Do not give up on this child. Misbehaved children often need extra love and positive attention and your investment in their well-being can go a long way.   In Conclusion You might be surprised at the huge feeling of relief that all involved parties feel just by having an agreed-upon plan. Use your teachers intuition to start yourself on a more peaceful and productive path with this child.

The Industrial Revolution Has Caused The Current Situation...

The industrial revolution has caused the current situation of deteriorating climatic conditions in the globe. It is a topic that has received varied opinions some supporting and some going against it. Even though, scientists have tried their best to illustrate the fact. The scientists have kept track of the changes in the levels of greenhouse gasses, and they have demonstrated that the levels keep rising every day. Human action is the core cause of these changes. The impact of these greenhouse gasses is what many people call global warming. Global warming has been described as a state of ever increasing global temperatures and other adverse weather conditions mainly as a result of interference of the ozone layer.Emission of corrosive gasses into the atmosphere corrodes the ozone layer leaving huge holes that cause the ultraviolet rays of the sun to reach the earth. The result of this is human diseases like skin cancer, melting of the polar ice leading to rising sea levels and other i mpacts on agriculture. These scientists have gone a step further to give a detailed analysis of how these effects occur or, in other words, the science behind it. The aim of this paper is to offer supporting evidence of the fact that human activity, precisely the industrial revolution, is the primary cause global warming. According to Elizabeth (2006), it is estimated that since the onset industrial revolution, the human kind has burned coal, oil and natural gas enough to produce about 250Show MoreRelatedEnvironmental Degradation9511 Words   |  39 Pages Any type of activities which alters the systems of the environment and he disturbances caused to air,water,soil and the eco systems is known as environmental degradation. Its under the top ten threats in the united nations panel. Because of environmental degradation illness and premature deaths occur in large numbers. A report says that human health is deteriorating in the past decades. If improvements are being made to enhance human health millions of people will dwell aRead MoreSience23554 Words   |  95 PagesGlobal Warming And Climate Change? Global warming and climate change refer to an increase in average global temperatures. Natural events and human activities are believed to be contributing to an increase in average global temperatures. This is caused primarily by increases in â€Å"greenhouse† gases such as Carbon Dioxide (CO2). A warming planet thus leads to a change in climate which can affect weather in various ways, as discussed further below. What Are The Main Indicators Of Climate Change

Moral Relativism And The Ethical Dilemma - 1615 Words

Introduction When I first looked at the instructions for this assignment the ethical dilemma I wanted to talk about came immediately to mind. It was a decision I made more than fifteen years ago but I still remember it and had never thought of it in terms of ethics before. When I started this unit and began looking at situations from that perspective I became more intrigued and wondered if any of the readings could help me understand why I came to the decision I did . I once made the decision to engage in a behaviour deviant to the norm of my society, deciding that the â€Å"correct† action to take was to steal from one of my teachers. When I started reading about moral relativism and realised that this might be a way to explain how a â€Å"wrong† choice can sometimes be a â€Å"right† one, or at least to the person acting on it. Moral Relativism â€Å"The view that moral judgements are true or false only relative to some particular standpoint†¦and that no standpoint is uniquely privileged over all others†¦Ã¢â‚¬  (Westacott, date unknown) The foundations of the concept of moral relativism were first expressed in 5th Century Greece; prior to this the idea of morals could be easily summed up as the following by Westacott: â€Å"In the view of most people throughout history, moral questions have objectively correct answers†¦cowardice is a bad quality†¦heroes deserve respect†¦Ã¢â‚¬  However, a few intellectuals of the era began to contemplate the idea that this might not be as straightforward as previouslyShow MoreRelatedCritical Analysis of Ethical Relativism Essay1069 Words   |  5 PagesWhen it comes to moral dilemmas between cultures, there is a grey area that can sometimes make it difficult to resolve issues surrounding the dilemma. What is morality? How is it possible to know what is morally correct when cultures differ so vastly? To answer these questions, and many more regarding the moral dilemmas in the world, there are theories that have been developed to resolve them. One example is known as Ethical Relativism. Ethical Relativism has been developed on the basis that thereRead MoreEssay on Universalism vs. Relativism645 Words   |  3 PagesKatie Potter PHIL 213 Ethical Universalism vs. Ethical Relativism Ethical universalism and ethical relativism are two types of meta-ethical views, meaning the two theories attempt to understand the reason behind ethical properties, attitudes, boundaries and judgements. Ethical universalism can be viewed as an ideal world, while ethical relativism explains a more realistic perspective on why different cultures can view the same actions differently. The two delve more into the essential meaningRead MoreEthical Dilemmas Of A Drug Company s Regional Sales Manager1748 Words   |  7 Pageshard to make a decision, especially when an ethical dilemma is involved. Ethical dilemmas pose a challenge because there is good to be found with both choices. The problem arises when one’s personal ethics are challenged. This paper will discuss an ethical dilemma with which a drug company’s regional sales manager was faced. It will discuss: the case and explain the ethical dilemma; the four functions of management; ethical issues; ethical relativi sm; four values; case resolutions; and ChristianRead MoreEssay on Ethics: Where Do We Learn What Constitutes Right or Wrong?953 Words   |  4 Pagesschools of ethical thought, Utilitarianism, Deontological and Virtue Ethics, you will find that there are varied and different views of how we come by our value systems and how we determine right and wrong. However, in all three of these schools of thought there is one underlying commonality: ethical relativism deems that a person’s values and judgments are based upon their cultural and societal influences and their personal feelings. (DesJardins, 2011) Ethical Relativism Ethical relativism simplyRead MoreConcepts Of Ethical Absolutism And Relativism1644 Words   |  7 PagesConcepts of Ethical Absolutism and Relativism Ethical relativism and ethical absolutism are two differing theories on how we ought to or ought not to decide on right from wrong. We question and evaluate morality in the terms of right and wrong constantly throughout life. The moral values that we decide to indoctrinate into our everyday lives are strongly motivated by cultural constraints in the eyes of some, to include anthropologist Dr. Ruth Benedict. Ethical relativism is defined as moral values beingRead MoreEvaluating Ethical Decisions and Defining a Universal Standard of Good1476 Words   |  6 PagesEvaluating Ethical Decisions and Defining a Universal Standard of Good It is difficult to provide a concrete definition for the word â€Å"right.† Right can mean many different things in different situations. For example, the right answer to one plus one is two. Yet, â€Å"doing the right thing† isn’t a simple answer like the previous example. In determining the difference between right and wrong, the pursuit of making an ethical decision is born. There are many concepts of right and wrong. DespiteRead MoreCorrelation Between The Police Shooting And The Violent Crime Essay1504 Words   |  7 Pagesblacks are more likely to be shot by the police as opposed to the unarmed white counterparts (Kindy et al., 2016). In this paper, the shooting of the black man by the name Alton Sterling will be covered with the help of the ethical systems dilemmas to determine any potential dilemma components in the case. Summary of the Alton Sterling Shooting Alton Sterling was a black man of 37 years of age; he was shot dead by the police in June of this year (2016). At the time of his shooting, Alton Sterling wasRead MoreDefinition Of Moral Realism Of The Floral Industry And Owning An Interior Commercial And Residential Business968 Words   |  4 PagesMoral realism can be defined as what is real, exists and reflects the moral standard of the culture that is making a reference to what is real and what is moral. To understand the term, we must break it down to the varying parts and ask what is moral and what is real. Moral beliefs are not universal. They are not even universal in a culture. Customs and beliefs passed down through generations help form belief systems defining moral standards and realism. Asking the question about what is moral willRead MoreEffective Leadership Skills During An Ethical Dilemma1464 Words   |  6 PagesLeadership Skills during an Ethical Dilemma The purpose of this paper is to introduce ethical frameworks that can help solve an ethical dilemma. I will give an example of ethical issues encountered in a jail setting and an ethical dilemma that I experienced as a result of these ethical issues. I will analyze the moral, ethical, and legal implications that I used in this ethical dilemma. Furthermore, I will explain my leadership role as a patient advocate during this particular moral issue. Lastly, I willRead MoreUtilitarianism And Utilitarianism887 Words   |  4 PagesUtilitarianism and Kantianism are some of the popular moral philosophical theories that have been used to deliberate on ethical matters in the society. The business world, systems of government, healthcare system, and other facets of the society are dependent on the provisions of these theories. Utilitarianism and Kantianism were developed by Jeremy Bentham and Immanuel Kant respectively. While these theories can be applied in a beneficial manner in a wide array of areas, it is clear that Kantianism

Strategic Finance Issues of Qantas Airways Limited (QAN)

Question: 1. An analysis of the information contained in the latest Annual Report and Financial Statements of the company, commenting on the strengths and weaknesses of the company over two years by applying ratio analysis in the categories listed above; 2. Suggestions or recommendations for improving the business, based on the analysis; 3. Full referencing of your sources of information, which may include any external sources such as the financial press, commentators and the internet that you may have used to strengthen your analysis. Answer: Introduction Financial statement helps to provide a clear and precise idea about the company financial position in the market. The report helps to throw light on the financial aspect of the company with the help of the ratio analysis which are calculate don he basis of the financial statement produced at the end of the each fiscal year of the company (Erickson, 1989). The company Qantas airways limited is considered to be one of the most leading airline service providers in Australia. Financial health of the company is determine by the profitability, efficiency, solvency ( short term and long term) and other key aspect such a market based ratio of the company which are analyse thoroughly over the period of two year. The paper helps to provide an in depth analysis of the company financial health of the Australian airlines services, Qantas Airways Ltd. With the help of the critical analysis of the financial statement of the company from 2012 and 2013 help to provide a clear a idea about the research study (Fridson Alvarez, 2002). Established in the year 1920, Queensland and Northern territory Air Services (QANTAS), from a domestic airline service provider the company grows rapidly and become one of the most global airline services across the world providing more than 150 destinations in more than 50 countries. Financial Analysis of Qantas Airways Ltd (2012 2013) Financial statement consist of the three key element which are balance sheet, income statement and cash flow statement which help to provide key business activities which are carried by the company over the given fiscal year which help to provide the financial prison of the company in the market (Gibson Frishkoff, 1979). Balance sheet helps to provide a clear and precise idea about the company financial aspect which consists of the asset and liabilities of the company which eventfully help the user to determine the financial stability of the company regarding the utilisation of the company resource (Golbe Schachter, 1985). Income statement help to provide a clear idea on the revenue generated by the company over the given fiscal year which eventually help the company to determine the net profit or loss the company suffered during the given year which help to provide as platform to forecast or predict the company future profit figure with proper strategic procedure (Hacioglu Dincer , n.d.). Cash flow statement of the company help to [provide a clear and precise idea about the company three basic activities which involves financing activities, operating activities and investing activities. Financial statement provide the platform for the ratio calculation such as from balance sheet company provide a clear idea on the several business risk with the help of the current ratio, quick ratio, debt ratio, financial leverage and short term and long term debt. Income statement helps to throw light on the company profitability aspect (Helfert, 1987). The financial analyses on the basis of their financial statement are as follows, Profitability ratio The profitability aspect of the Qantas has been analysed and determined with the help of the net profit margin (Hickman, Lester Hickman, 1996). Tax rate, asset turnover, return on asset, financial leverage, return on equity, return on invested capital and interest coverage. From the analysis of the profitability ratio of the company it is evident that the company net margin of profit increase as in the year 2012 the net profit margin of the company was negative which increased in the year 2013 to 0.03. Profitability ratio of the company help to identify and reveal the company current state of generating profit, it is significant to analyse and determine the current potential fro investment of a company as it is directly related to the increased earnings per share (Horrigan, 1967). It is considered to be one of the most critical and vital criteria for QAN investor to take effective decision. Asset turnover ratio of the company remains stable on the consecutive two year 2012 and 2013. The asset turnover ratio implies that the company is effectively managing its resource higher the value of the asset turnover ratio is favourable. Return on asset also helps to throw light on the profitability aspect of the company (Langsen, 1988). Higher value of ROA is considered to be favourable which signifies that the company is making money with the investment on the asset, however from the financial data it is evident that the company Qantas was making loss in the year 2012 on the investment which is increase in the year 2013. Return on equity is considered to be primary factor of the profitability of the company. Higher value of the ROE is considered to be one of the most crucial and significant as it indicates that the firm is able to generate income from the new investment. Return on equity seems to be improving for the Qantas Airways ltd as the company in the year 2012 was making huge loss from the investment as the figure are in negative while the company in the year 20 13 making money from the investment which is evident from the ratio analysis of the company. From the profitability ratio analysis it is evident that the company is making profit in the year 2013 when compared with the year 2012 (Lien Shrestha, 2010). Efficiency Ratio Efficiency ratio help to provide a clear and precise idea about the company overall capability manage its resource which eventually help the company to earn profit for the given fiscal year. Efficiency ratio is determined and analysed with the help of the days sale outstanding, days inventory, payable period , receivable turnover, inventory turnover, fixed asset turnover and asset turnover ratio which help to provide clear and precise idea about the perfect utilization of resource of the company (Miller, 1972). Days sales outstanding is considered to be one of the most basic measure of the efficiency of the company, as it is evident that it is easy to convert the sales into cash easily. Therefore it is recommended that the lower value of sales outstanding is recommended for the organization whereas the higher value of the sales outstanding is unfavourable for the organization. The days sale outstanding for the company is increasing which is not favourable of the company as it signifi es that the company is inefficient in credit sales collection. Inventory days value must be lower which helps to provide the business to decrease the level of investment in the inventory. The inventory days of the company must be lower, it is evident from the analysis of the Qantas company it is lower which is favourable for the company (Myer, 1969). Payable period is considered to be one of the most significant measures which help to provide a clear idea on the company short term liquidity aspect. Higher value of the payable period indicates that the company is making their dues cleared to their supplier quickly. Qantas payable period indicate higher value of the payable period which signifies that the company is clearing the due related to their supplier quickly. Account receivable helps to provide a clear and precise idea on the efficiency of the business in collecting and generating the credit sales. The receivable turnover ratio of the company Qantas is decreasing which indicate that the company is not able to collect its credit properly wh ich result in the poor credit sales generation from the company end (Oxenbridge, Wallace, White, Tiernan Lansbury, 2010). Fixed asset turnover is also considered to be one of the significant measure which helps to provide a clear and precise idea on the company efficiency ratio. Fixed asset turnover helps the company to determine whether the fixed asset is generating revenue or not. From the figure of the fixed asset turnover of the company Qantas it is evident that the fixed asset is generating revenue for the company as the fixed asset turnover increase over the year. Solvency Solvency of the company is related with the debt and liabilities that the company have incurred during the given fiscally year and ability to meet its short term obligation and long term obligation which eventually helps to determine and identify whether the company is susceptible to solvency risk. Short-term solvency Short term solvency includes several key aspects which are current ratio, quick ratio, long term debt and other long term liabilities. Current ratio helps to provide a clear and precise idea about company ability to meet its current obligation. Current ratio of the Qantas airways is increasing which indicate that the company current liabilities exceed the current asset. The company which have current ratio below 1 indicates that the company is not able to meet its current obligation as the value of the current ratio for the Qantas Company is less than one. Similarly quick ratio is also considered to be one of the significant measures of the short term solvency which help to determine the ability of the company to meets its short term obligation (Palmer, 1983). Quick ratio helps to determine the liquidity aspect of the business as it provide a clear and precise idea about the ability of the firm to pay all of its debt with the help of the available liquid asset. Quick ratio of the Qan tas airways is below one which indicates that the company is not able to repay all its debt with the help of available liquid asset. Quick ratio of the company should be above one which indicates that the company have sufficient liquid asset to repay its debt. The other key aspect of the short tem solvency is short term debt and short term liabilities which indicate that the Qantas Company have consistent short term debt which provide a clear picture that the company debt remains constant for two consecutive years which is a negative indication for the company liquidity aspect (Pettit, 2007). Long term solvency Long term solvency of the company is considered to be one of the significant measures to determine the ability of the company regarding the solvency risk related to its business operation. Long term debt, long term liabilities, financial leverage and debt/equity are considered to be one of most important element to determine the long term debt of the company (Robinson, 2009). Lower the value of the long term debt is considered to be favourable for the company which indicate that they are less susceptible to the risk of solvency. Lower value are favourable where as higher value of the long term solvency are not favourable as the business primarily depend on the external lenders thus it increase the risk related to the overall business operation which is more susceptible to solvency risk specifically at higher interest rate. A debt/ equity ratio is the percentage of the asset of the business finance by debt and by shareholders. Financial leverage is also determined as the trading on equity where there is a utilization of debt to acquire the new asset. Financial leverage of the company is decreasing which is not favourable as the chance to utilise the debt is less if the leverage decreases. Therefore the company should focus to increase the financial leverage which helps the company to utilise the debt to purchase new asset which will help to decrease the risk related to long term solvency of the company. Leverage is also referred as gearing, leverage is considered to be one of the most key measurements for a firm to determine the long term financial solvency. It is considered to be one of the most important measures to assess the risk related to the company which is finance by external sources (RIEDL SRINIVASAN, 2010). In the year 2013 QAN laid down a key strategy which decreases the debt to octal asset ratio indicating that the company QAN is less dependent on their creditors and they can clear the due to their customer and stakeholder without any financial burden. Market based ratios Market based ratio 2013 Services industry (Industrials sector) P/E ratio 12.4 14.6% Dividend yield 0 Price earnings ratio is considered to be one of the most critical and significant measure o evaluate how much the market current value for $1 of profit a company earn for the given share which eventually help to indicate that the expectation for a company growth which will be analysed in the given report to provide a clear and precise idea about the company market based ratios (Steffy, Zearley Strunk, 1974). With the help of the industrial sector analysis the company can utilised the rate of the proper service sector as a standard or a benchmark. With the help of the industrial sector analysis with the QAN P/E makes it clear that the QAN shares are undervalued relative to the overall industry average. The indicator with the help of comparison lead to a proper measure which provide that the investor have less expectation regarding the QAN growth and thus greater loss since the 2012 fiscal year (Wild, Bernstein Subramanyam, 2001). QAN Major airlines industry 2013 Dividend yield 0.00% 27% Dividend yield provide a clear measure that eh return the shareholder receive for each share in each period. The average repayment rate distributed by the airline industry is 27% for the year 2013 however the Qantas airline are only pay 0%. Conclusion and Recommendation From the analysis of the financial statement which eventually helps to calculate financial ratio force the flying kangaroo to focus for a increased market share primarily in the competitive environment. The analysis helps to provide clear and precise idea on the weakness and strength of QAN, along with external threats and opportunities (Velez-Pareja Davila, n.d.). Weakness and threats Decreased ROA and ROE leads to a decreased net profit margin which eventually lead to the poor profitability factors. Slow debtor and asset turnover signifies that the business operation is low. Low value of current and quick ratio signifies liquidity and solvency risk. P/E and dividend is less than the industry average signifies that QAN market based performance consists of share prices. Strength and Opportunities Relatively low and satisfactorily debt to total asset ratio. Enhanced strategic policy with proper and accurate direction to overcome the challenges in the international market. With the help of the SWOT analysis it is evident that the company Qantas is struggling to overcome the issue related to the business operation. QAN has been continuously lagging behind which is clearly indicated in the overall efficient and profitability two primary indicator of long term adversity. Proper strategy should be implement which help to improve the profitability and efficiency of the company which eventually help the company to incur more revenue for the given fiscal year. References Erickson, K. (1989).The balance sheet. Washington, DC. Fridson, M., Alvarez, F. (2002).Financial statement analysis. New York: John Wiley Sons. Gibson, C., Frishkoff, P. (1979).Financial statement analysis. Boston: CBI Pub. Co. Golbe, D., Schachter, B. (1985). The Net Present Value Rule and an Algorithm for Maintaining a Constant Debt-Equity Ratio.Financial Management,14(2), 53. doi:10.2307/3665157 Hacioglu, U., Dincer, H.Managerial issues in finance and banking. Helfert, E. (1987).Techniques of financial analysis. Homewood, Ill.: Irwin. Hickman, J., Lester, E., Hickman, J. (1996).Financial ratio analyst. New York: Warren, Gorham Lamont. Horrigan, J. (1967).An evaluation of financial ratio analysis. Chicago: University of Chicago. Horrigan, J. (1978).Financial ratio analysis. New York: Arno Press. Langsen, A. (1988). Dividend Payout Policy Related to Tobin's Q-Ratio.Financial Management,17(4), 11. doi:10.2307/3665761 Lien, D., Luo, X. (1993). A Note on the Relationship between Exchange Exposure and Hedge Ratio.Financial Management,22(1), 20. doi:10.2307/3665961 Lien, D., Shrestha, K. (2010). Estimating optimal hedge ratio: a multivariate skew-normal distribution approach.Applied Financial Economics,20(8), 627-636. doi:10.1080/09603100903459907 Miller, D. (1972).The meaningful interpretation of financial statements. [New York]: American Management Association. Myer, J. (1969).Financial statement analysis. Englewood Cliffs, N.J.: Prentice-Hall. Oxenbridge, S., Wallace, J., White, L., Tiernan, S., Lansbury, R. (2010). A comparative analysis of restructuring employment relationships in Qantas and Aer Lingus: different routes, similar destinations.The International Journal Of Human Resource Management,21(2), 180-196. doi:10.1080/09585190903509472 Palmer, J. (1983).Financial ratio analysis. New York, N.Y.: American Institute of Certified Public Accountants. Pettit, J. (2007).Strategic corporate finance. Hoboken, N.J.: John Wiley Sons. Pyke, E. (1930).The balance sheet. [Australia: s.n.]. RIEDL, E., SRINIVASAN, S. (2010). Signaling Firm Performance Through Financial Statement Presentation: An Analysis Using Special Items*.Contemporary Accounting Research,27(1), 289-332. doi:10.1111/j.1911-3846.2010.01009.x Robinson, T. (2009).International financial statement analysis. Hoboken, N.J.: John Wiley Sons. Safi, A. Analysis of Luxury Airlines Emirates Airways and Competitors.SSRN Journal. doi:10.2139/ssrn.2045661. Brealey, R., Myers, S. (1984).Principles of corporate finance. New York: McGraw-Hill. Ross, S., Westerfield, R., Jaffe, J. (2005).Corporate finance. Boston: McGraw-Hill/Irwin. Steffy, W., Zearley, T., Strunk, J. (1974).Financial ratio analysis. Ann Arbor: Industrial Development Division, Institute of Science and Technology, University of Michigan. Velez-Pareja, I., Davila, M. Financial Analysis and Control - Financial Ratio Analysis (In Spanish).SSRN Journal. doi:10.2139/ssrn.1366523 Velez-Pareja, I. Financial Analysis and Control - Financial Ratio Analysis (Slides).SSRN Journal. doi:10.2139/ssrn.1638279 Velez-Pareja, I. Financial Analysis and Control - Financial Ratio Analysis (Slides in Spanish).SSRN Journal. doi:10.2139/ssrn.1366728 Ward, K. (1994).Strategic issues in finance. Oxford: Butterworth-Heinnemann. Wild, J., Bernstein, L., Subramanyam, K. (2001).Financial statement analysis. Boston, Mass.: McGraw-Hill. Yagil, J. (1983). AN EXCHANGE-RATIO DETERMINATION MODEL FOR MERGERS: AN EXTENSION.Financial Review,18(3), 87-87. doi:10.1111/j.1540-6288.1983.tb01923.x