The Coca-Cola Company Research Paper Example | Topics and Well Written Essays - 1250 words

The Coca-Cola Company - Research Paper Example We will be looking at several types of financial ratios available in assessing the financial position of The Coca-Cola Company: Liquidity Ratios, Asset Management Ratios, Profitability Ratios and Gearing Ratios. The quantitative findings in this segment can be found in the Appendix section of this report. The results show that The Coca-Cola Company has a good Liquidity Ratio. The company’s Current Ratio is 1.12 (0.95 in Q1 2008) and its Quick Ratio is 0.94 (0.80 in Q1 2008). This means that The Coca-Cola Company is still able to generate enough cash to settle its short-term liabilities. There has been a slight improvement in its Liquidity Ratio compared with the previous quarter. As a guide, a current ratio of 2 is ideal. However, in the company’s case, 46% of its Current Assets (42% in Q1 2008) are made up of cash and cash equivalents. At a glance, the company’s assets are being managed efficiently. Its Inventory Turnover is 1.13 (1.07 in Q1 2008), which shows t hat company is trading better. Its inventories declined by 6% in the first quarter of 2009 whereas its sales increased by 3% in the same quarter of 2008. Nevertheless, the company should take note that over increasing its inventories may adversely affect its business performance. This is because costs associated with holding inventories for too long can be very expensive. As such, managing its inventories well is recommended. There is a slight improvement in the Average Collection Days of 39 (43 Days in Q1 2008). Although the company is able to meet its short-term liabilities; it should still make an effort to improve the collection of its debts. The credit term given to its customers is not stated; however, as a guideline, 30 days is recommended. In this case, the company’s customers are enjoying slightly more than the normal credit terms and this should be monitored.

Voting Right Essay Example | Topics and Well Written Essays - 1000 words

Voting Right - Essay Example However, in the years since the words of the Declaration of Independence were put to parchment, the Supreme Court has, more often than not, shown that it will uphold the status quo of society, and deny the right to vote to women and those of minorities, rather than affirming and advancing it. Though there have been some instances of advancement occurring, they are not as plentiful as those that do not. The list of cases for both protection and denial of voting rights spans not only decades of history, but could also span volumes of pages. As always with multiple examples, there are those that best exemplify things, and I believe that the cases of United States v. Reese in 1876 as well as Minor v. Happersett in 1874 are the best examples of the Supreme Court denying voting rights, while the cases of Smith v. Allwright in 1944 and Baker v. Carr in 1962 are the best examples of both advancing the right to vote and ensuring protection for it. Both United States v. Reese and Minor v. ... In United States v. Reese, an election inspector, Hiram Reese, had refused to allow William Garner, who was an African-American, to vote in a Lexington, Kentucky election, due to the fact that he had not paid a poll tax of $1.50. In Minor v. Happersett Mrs. Virginia Minor, leader of the suffrage movement for women in Missouri, brought suit against a registration officer when he refused to add her name to the list of registered voters, due to her gender. Garner alleged that he had attempted to pay the poll tax and had been refused, while Mrs. Minor alleged that she was a citizen, and all citizens had the right to vote, therefore she had the right to vote. The Supreme Court in United States v. Reese ruled that the Fifteenth Amendment â€Å"does not confer the right of suffrage upon anyone†, meaning that just because he was African American did not mean that Garner had the right to vote. The result of this case was that states were able to continually deny the vote to African Ame ricans, not based on race, but on other requirements such as literacy and nonpayment of poll taxes. In Minor v. Happersett, the Supreme Court went further, stating that though the Fourteenth Amendment gave all citizens the right to vote, and Mrs. Minor was indeed a citizen, the Constitution did not specifically give women the right to vote. This decision was all the more ridiculous because the Constitution did not provide for many things that had since come into existence in the United States and had worked quite well, yet women were still denied the right to vote because it did not exist in the Constitution. Both of these cases are examples of the Supreme Court not only denying the right to vote to citizens of the United States, but acknowledging that legislation existed that could have