Annual report analysis Essay Example | Topics and Well Written Essays - 1000 words

Annual report analysis - Essay Example It shows that company was not performing as good as it is performing in the current year and it is coming back to its real best. Ans 3 Working capital is basically is a ratio which indicates after deducting liabilities from its assets mean current assets. So it is originally the sign of strength of the company. If any company has large enough working capital after paying off all of its liabilities that means it is still in position to run its operations. Working capital and current ratio are directly related because both indicate the strength of the firm after paying off its liabilities. Yes, definitely because the larger the working capital firm has after deducting its liabilities the larger the chances that it can pay off its liabilities gracefully. Ans 8 After overall analysis of the firm, figures suggest that firm is not doing well enough work in the form of its profitability area. The firm is not enough to eliminate its expenses and that is why all of its ratios represent very poor figure of their profitability scenario. Almost all the ratios are giving a very poor picture of the company's standing in the industry. It has been the situation in all three years and they are still not putting effective to overcome this problem. ans 11 After analyzing the company's debt and debt equity ra... 2003 0.21 2004 0.4 2005 0.34 Ans 6 The price earning per share is 0.4. Ans 8 After overall analysis of the firm, figures suggest that firm is not doing well enough work in the form of its profitability area. The firm is not enough to eliminate its expenses and that is why all of its ratios represent very poor figure of their profitability scenario. Almost all the ratios are giving a very poor picture of the company's standing in the industry. It has been the situation in all three years and they are still not putting effective to overcome this problem. Ans 10 The Company's debt ratio and debt equity ratio are as follows: Debt ratio debt equity ratio 05 0.618 1.618 04 0.164 0.197 03 0.043 0.045 02 0.064 0.068 ans 11 After analyzing the company's debt and debt equity ratio it has been noted that the company is using its investments very efficiently and the industry average of ratio should be around 0.1 - 0.5 Ans 12 ROI is the earnings on the investments that are originally brought by company's borrowings (equity) ROI and ROE are interrelated in a manner that the company invests its borrowed money to earn profits. Financial leverage takes the form of borrowing money and reinvesting it with the hope to earn a greater rate of return than the cost of interest. Leverage allows greater potential return to the investor than otherwise would have been available. The potential for loss is greater because if the investment becomes worthless, not only is that money lost, but the loan still needs to be repaid. Ans 13 The Company's debtor turnover ratio is as follows: 3 69.3 4 78.8 5 122.16 Ans 14 After analysing the

Quality improvement in medication administration Research Paper

Quality improvement in medication administration - Research Paper Example This research will begin with the statement that medication administration forms the key performance improvement area in Carlinville Area Hospital as a  strategy of alleviating liabilities and costs that may arise due to lapses in drug administration. Medication administration is one of the sensitive areas of public health that is highly controlled by a number of statutes both federal and state. It is important that healthcare practitioners observe stringent measures when administering drugs in order to avoid ligations associated with negligence and incompetence.   In fact, the law is very clear on the issues related to drug administration and in case Carlinville Area Hospital will fail to institute proper performance measures, it will be virtually impossible to avoid problems associated with poor drug administration. Instilling quality improvement in medication administration will ensure that Carlinville Area Hospital upholds all the stipulated guidelines, policies, and procedur es relating to nationwide drug administration. A number of methodologies are available to healthcare providers that can effectively be used to integrated quality improvement into performance measurements. The key methodologies include but not limited to Six Sigma, Lean Production System, and Root cause analysis. These methods are important to ensure that organization operations are streamlined enough to meet the performance measures instituted by the organizations.... ificant method of improving quality in a hospital setup, it involves formalized investigation, and problem solving approached aimed at uncovering what might have caused an event as well as the events that were intercepted. Root Cause Analysis plays a significant role in helping individuals pinpoint trends as well as assess risk to be applied in case of suspected human. RCA is often based on the assumption that systems rather than personal factors are probably the root cause of most problems (Hughes, 2008). Unlike other improvement methodologies, RCA is a reactive technique that starts to operate once an event has occurred, illustrating the sequence of events leading to the specified event and above all addressing the root causes for proper examination of the event. Notable advantages of Root Cause Analysis include highly significant in assessing reported errors. It can be used to suggest system changes whenever the need arises. Lean productions system has been utilized successful to integrate quality improvement and performance measures in number of organizations, healthcare not left behind. Lean production system has highly been used to remove inefficiencies in organization systems that may lead to wastes (Hughes, 2008). Customer needs are the focus of this method as it aims at removing activities considered non-value-added to improve processes. This methodology depends a lot on the root cause analysis in its effort to improve processes considering that RCA has the ability to investigate errors. Hughes (2008) asserts that Lean production method only comes in to improve quality and prevent future occurrence of identified errors through RCA. Lean production method is considered advantageous for producing results in an objective and concise manner. Additionally this