Self-reflection
LSEC 307
Course LSEC 307 for developing Professional Communication skills was a very good course for me in many ways. My first impression was ‘how they give a course like that’ when I heard about its subjects. Then day by day I have gained many skills and developed more than what I expected of my knowledge for career preparations. I learnt lots of things from this course, one is making a well organized CV. I had an old CV that I used to apply in some summer work, but I always get rejected and I was wondering why?. Now comparing between the old one and the new one that I made after I understand some mean guide lines for making a good CV from the course and a big help form our teacher I had my answer. Writing a business letter and practicing job interviews were very important for me, because if you are good in them you won’t have problems in getting a good job. Other things I learnt are preparing formal meets which are very important because in the future when I get into the workplace I know I will be asked to manage one. I developed my participations skills in the meetings as well as my preparations for its agenda and minutes. I think all the majors in the college should put LSEC 307 as a graduation requirement.
Tuesday, 17 January 2012
Sunday, 15 January 2012
Agenda
Agenda - AAA
LSEC N307
Date Of meeting: 26th October, 2011
Time of meeting: 15:00
Venue: ADMC Room J16
Purpose: Discuss and make recommendations to the sense of belonging and college spirit at the ADMC.
Product: Suggestions to encourage students and teachers to produce more at study and work by being loyal to the college and participate in its events and their feasibility.
Meeting participants
Participants: Ahmed Saif, Taha , Jabara, Suhail
Chair/Lead: Ahmad Saif
Note taker: Jabara
Venue preparation:
ü Tables and chairs for 4 people
Agenda:
1- Privileges for students outside the college such as:
ü Student’s discounts
ü Other libraries access
ü Make clubs more active outside college, to make it more interesting
2- Appreciation certificates to outstanding action:
ü Citizenship award
ü Athlete’s awards
ü Outstanding actions award
3- Monthly meetings between the students and Student Council.
ü Student’s recommendations
ü Faculty advice
ü Discussing updates in the college
Objectives:
The meeting is to discuss how we can improve the sense of belonging of the students and teachers to the college and encourage them to participate in the events that the college is making so they can feel that they are part of this educational environment which will result of great academic output. The result of the meeting, a comprehensive list of suggestions from our meeting will be given to the Chief Executive of ADMC.
Minutes
| AAA – Meeting Minutes | |||||
| 10.26.2011 | 20-30 Minutes | J-16 | |||
| Meeting called by | Ahmed Saif | ||||
| Note taker | Jubara Al Marar | ||||
| Timekeeper | Taha Al Khaja | ||||
| Attendees | Ahmed Saif, Jabara , Taha , Suhail | ||||
| Privilege for Students | |||||
| Discussion | Student discounts, are already there but needs to be, where students will find these discounts, purposes. | ||||
| Library access, and that HCT’s library is crowded, should get other, bigger, libraries. | |||||
| Clubs activities should be more active and more publicized and make clubs more interesting. | |||||
| Action Items | Person Responsible | Deadline | |||
| Implement discussed actions for Clubs | Jabara | 11.10.2011 | |||
| Other Libraries access | Suhail | 11.12.2011 | |||
| Survey to know the places where students want discounts. | Taha | 11.10.2011 | |||
| Appreciation Certificate | |||||
| Discussion | Citizenship and athletic awards should be promoted, and made into something bigger like a festival. | ||||
| Should get celebrities to give out the awards to get more people interesting in getting these appreciation certificates. | |||||
| Outstanding Action Award needs further discussion. | |||||
| Action Items | Person Responsible | Deadline | |||
| Get Permission for the Items discussed in this section. | Ahmed Saif | 11.10.2011 | |||
| Monthly Meetings Between Students And Student Council | |||||
| Discussion | Student Recommendations should be don e through representatives on weekly or monthly basis between | ||||
| Students and the student council. Giving Teachers advice by confronting and breaking the Ice between Teachers and students. | |||||
| Update Students on Seminars that happen in college so students may become more active in them. | |||||
| Action Items | Person Responsible | Deadline | |||
| Permission For Teacher Advice From Administration | Jabara | 11.10.2011 | |||
| Meeting Adjourned | 8:00PM 10/26/2011 | ||||
Monday, 9 January 2012
LSEC307
Financial Ratios
Done by:
Jubara Al Marar ID:H00157527
Suhail Al Rashdi ID:H00131115
Section: CL2
Teacher: Gregory Vrhovnik
08-01-2012
Contents
Ratios Analysis……………………………………………………………………….…….3
Profitability Ratios…………………………………………………………………….……3
Debt Utilization Ratio………………………………………………………………….…...4
Conclusion………………………………………………………………………………….5
Bibliography.……………………………………………………………………………….6
Financial Ratios Analysis
It is critical to any firm to use financial ratios to weigh and evaluate its operating performance and to show how strong their firm is according to other firms in the same industry. In our report we will describe two of the four main ratios firms usually use to assess their performance in accordance with other firms, or the firm industries average. In this report we will take the Profitability Ratio, Debt Utilization ratios, explain their sub categories and what each of these ratios used for. The profitability ratio measures the standing of the firm according to its profits. The debt utilization measures where the firm stands in accordance of the use of its debts and how they are used to the advantage of the firm.
Profitability Ratios
First, we will talk about the profitability ratio; it’s the ratio that shows how profitable the firm is. There are three different classifications to the profitability ratios. The profitability ratios, it measures the returns on sales, total assets, and the invested capital. The return on sales is known as the profit margin, which is defined as net income on sales made during a certain period of time. The profit margin is one of the most straight forward ratios out there; the info for this ratio is available in the financial statements. Two, the return on assets, this ratio is a measure of how efficient is the use of the assets, and how much these assets generate in profits for the firm. Companies such as telecommunication providers, car manufacturers, and railroads are very asset-intensive, meaning they require big, expensive machinery or equipment to generate a profit. Three, the return on equity, is the amount of the net income returned as a percentage of shareholders equity. Return on equity measures a firm's profitability by revealing how much profit a company generates with the money shareholders have invested, this analysis is important to shareholders and people who invest in the firm. It measured by dividing the net income with the shareholder equity. This is useful when you want to know how much profit you made for your investors. In general these ratios show how well the management is generating profits with respect to assets, sales and of what they owe investors and stockholders in a certain firm. It is also well to mention that these profitability ratios are a quantitative measure that shows your competitiveness in regards to profit with other industries in the same field, so you know your company is doing well, if the percentage you’re getting is the same or higher than the industry you’re operating in. To conclude this part of this essay, profitability ratios, are critical to the firm, in order to analyze and fix problems in case your firm is not matching the industry average, you could figure out the problem and fix it when you compare your ratios to the industries.
Debt Utilization Ratio
Next point is the debt utilization ratio, it’s the overall debt position of the firm is evaluated in light of its asset base and earning power. Under this ratio there are three sub-ratios. The first one is debt to total assets ratio which measures a company's financial risk by determining how much of the company's assets have been financed by debt. You calculated by adding short-term and long-term debt then dividing by the company's total assets. You may see a well financed company and think this one is doing a great job, but actually most of its financing is debt. This act will make investors hesitate to move toward it and invest, because it stands on an edge that may fall in a financial crises if any debt sides decide they want their money immediately. Second, Times interest earned ratio, it indicates the number of times that income before interest and tax covers the interest obligation (Times Interest Earned Ratio, 2012). The higher number the stronger the Interest paying ability of the firm. So if your company has higher number than the industry’s number this means you manage your banking debts well in regards to your profits. That is why times interest earned ratio is of special importance to creditors. They can compare the debt repayment ability of similar companies using this ratio. Other things equal, a creditor should lend to a company with high times interest earned ratio. It also beneficial to create a trend of values of times interest earned. Third ratio is the fixed charge coverage. It measures the firm’s ability to meet all fixed obligations. The fixed charge coverage ratio such as rent and insurance, it includes lease payments as well as interest payments. Lease payments, like interest payments, must be met on an annual basis. The fixed charge coverage ratio is especially important for firms that extensively lease equipment (Fixed Charge Coverage Ratio, 2012). It is really important to cover fixed obligations first because failure to meet them will endanger the position of the firm. The analyst uses these ratios to measure debt policies of the firm.
Conclusion
There is a lot to be said for valuing a company, it is no easy task. Ratios on their own don’t really tell us a whole lot alone, but when we compare them against previous year’s numbers, other companies, industry averages, or the economy in general it can reveal a lot and make sense. In conclusion, there are lots of uses of financial ratios; some use it to detect strengths and weaknesses within a firm business or make a comparison with other firms in the same business. Companies may use different ratios in their comparisons that they feel it will explain and show good results of their performance. Financial ratios like profitability and debt utilization of a specific business are best interpreted as a group, rather than making judgments on individual ratios. I think Debt utilization ratio is the best ratio that could evaluate the condition of an organization because it shows the debt and assets of an organization and divide it together to show its rank.
Bibliography
Fixed Charge Coverage Ratio - Financial Ratio Analysis - Asset Management Ratios –
Asset Utilization Ratios. (n.d.). Business Finance - business finance information about small business financing, business accounting, budgeting, financial analysis and statements, bankruptcy, templates and forms, corporate finance, other information.. Retrieved January 8, 2012, from http://bizfinance.about.com/od/financialratios/f/Fixed_Charge_Coverage.htm
Langemeier, M. R. (2004, October 1). Financial Ratios Used in Financial Management.
farm managment guide. Retrieved January 8, 2012, from agmarketing.extension.psu.edu/Business/PDFs/mf270.pdf
Ratio Analysis. (n.d.). Investopedia – The Web’s Largest Investing Resource. Retrieved
January 8, 2012, from
http://www.investopedia.com/university/ratios/conclusion.asp#axzz1iqhcuuaB
Return on Assets (ROA). (n.d.). Investing for Beginners. Retrieved January 8, 2012, from
http://beginnersinvest.about.com/od/incomestatementanalysis/a/return-on-assets-roa-income-statement.htm
Times Interest Earned Ratio Formula Example Analysis. (n.d.). Accounting Explained
Financial and Managerial Accounting Notes. Retrieved January 8, 2012, from http://accountingexplained.com/financial/ratios/times-interest-earned
Financial Ratios
Done by:
Jubara Al Marar ID:H00157527
Suhail Al Rashdi ID:H00131115
Section: CL2
Teacher: Gregory Vrhovnik
08-01-2012
Contents
Ratios Analysis……………………………………………………………………….…….3
Profitability Ratios…………………………………………………………………….……3
Debt Utilization Ratio………………………………………………………………….…...4
Conclusion………………………………………………………………………………….5
Bibliography.……………………………………………………………………………….6
Financial Ratios Analysis
It is critical to any firm to use financial ratios to weigh and evaluate its operating performance and to show how strong their firm is according to other firms in the same industry. In our report we will describe two of the four main ratios firms usually use to assess their performance in accordance with other firms, or the firm industries average. In this report we will take the Profitability Ratio, Debt Utilization ratios, explain their sub categories and what each of these ratios used for. The profitability ratio measures the standing of the firm according to its profits. The debt utilization measures where the firm stands in accordance of the use of its debts and how they are used to the advantage of the firm.
Profitability Ratios
First, we will talk about the profitability ratio; it’s the ratio that shows how profitable the firm is. There are three different classifications to the profitability ratios. The profitability ratios, it measures the returns on sales, total assets, and the invested capital. The return on sales is known as the profit margin, which is defined as net income on sales made during a certain period of time. The profit margin is one of the most straight forward ratios out there; the info for this ratio is available in the financial statements. Two, the return on assets, this ratio is a measure of how efficient is the use of the assets, and how much these assets generate in profits for the firm. Companies such as telecommunication providers, car manufacturers, and railroads are very asset-intensive, meaning they require big, expensive machinery or equipment to generate a profit. Three, the return on equity, is the amount of the net income returned as a percentage of shareholders equity. Return on equity measures a firm's profitability by revealing how much profit a company generates with the money shareholders have invested, this analysis is important to shareholders and people who invest in the firm. It measured by dividing the net income with the shareholder equity. This is useful when you want to know how much profit you made for your investors. In general these ratios show how well the management is generating profits with respect to assets, sales and of what they owe investors and stockholders in a certain firm. It is also well to mention that these profitability ratios are a quantitative measure that shows your competitiveness in regards to profit with other industries in the same field, so you know your company is doing well, if the percentage you’re getting is the same or higher than the industry you’re operating in. To conclude this part of this essay, profitability ratios, are critical to the firm, in order to analyze and fix problems in case your firm is not matching the industry average, you could figure out the problem and fix it when you compare your ratios to the industries.
Debt Utilization Ratio
Next point is the debt utilization ratio, it’s the overall debt position of the firm is evaluated in light of its asset base and earning power. Under this ratio there are three sub-ratios. The first one is debt to total assets ratio which measures a company's financial risk by determining how much of the company's assets have been financed by debt. You calculated by adding short-term and long-term debt then dividing by the company's total assets. You may see a well financed company and think this one is doing a great job, but actually most of its financing is debt. This act will make investors hesitate to move toward it and invest, because it stands on an edge that may fall in a financial crises if any debt sides decide they want their money immediately. Second, Times interest earned ratio, it indicates the number of times that income before interest and tax covers the interest obligation (Times Interest Earned Ratio, 2012). The higher number the stronger the Interest paying ability of the firm. So if your company has higher number than the industry’s number this means you manage your banking debts well in regards to your profits. That is why times interest earned ratio is of special importance to creditors. They can compare the debt repayment ability of similar companies using this ratio. Other things equal, a creditor should lend to a company with high times interest earned ratio. It also beneficial to create a trend of values of times interest earned. Third ratio is the fixed charge coverage. It measures the firm’s ability to meet all fixed obligations. The fixed charge coverage ratio such as rent and insurance, it includes lease payments as well as interest payments. Lease payments, like interest payments, must be met on an annual basis. The fixed charge coverage ratio is especially important for firms that extensively lease equipment (Fixed Charge Coverage Ratio, 2012). It is really important to cover fixed obligations first because failure to meet them will endanger the position of the firm. The analyst uses these ratios to measure debt policies of the firm.
Conclusion
There is a lot to be said for valuing a company, it is no easy task. Ratios on their own don’t really tell us a whole lot alone, but when we compare them against previous year’s numbers, other companies, industry averages, or the economy in general it can reveal a lot and make sense. In conclusion, there are lots of uses of financial ratios; some use it to detect strengths and weaknesses within a firm business or make a comparison with other firms in the same business. Companies may use different ratios in their comparisons that they feel it will explain and show good results of their performance. Financial ratios like profitability and debt utilization of a specific business are best interpreted as a group, rather than making judgments on individual ratios. I think Debt utilization ratio is the best ratio that could evaluate the condition of an organization because it shows the debt and assets of an organization and divide it together to show its rank.
Bibliography
Fixed Charge Coverage Ratio - Financial Ratio Analysis - Asset Management Ratios –
Asset Utilization Ratios. (n.d.). Business Finance - business finance information about small business financing, business accounting, budgeting, financial analysis and statements, bankruptcy, templates and forms, corporate finance, other information.. Retrieved January 8, 2012, from http://bizfinance.about.com/od/financialratios/f/Fixed_Charge_Coverage.htm
Langemeier, M. R. (2004, October 1). Financial Ratios Used in Financial Management.
farm managment guide. Retrieved January 8, 2012, from agmarketing.extension.psu.edu/Business/PDFs/mf270.pdf
Ratio Analysis. (n.d.). Investopedia – The Web’s Largest Investing Resource. Retrieved
January 8, 2012, from
http://www.investopedia.com/university/ratios/conclusion.asp#axzz1iqhcuuaB
Return on Assets (ROA). (n.d.). Investing for Beginners. Retrieved January 8, 2012, from
http://beginnersinvest.about.com/od/incomestatementanalysis/a/return-on-assets-roa-income-statement.htm
Times Interest Earned Ratio Formula Example Analysis. (n.d.). Accounting Explained
Financial and Managerial Accounting Notes. Retrieved January 8, 2012, from http://accountingexplained.com/financial/ratios/times-interest-earned
Subscribe to:
Comments (Atom)
