Wednesday, May 6, 2020
Effects Of Population Pollution Essay - 1464 Words
Population around the world is growing rapidly each year, which is unfortunately causing negative impacts on the environment. Each day the air around us is becoming more polluted as the amount of carbon dioxide emitted into the atmosphere caused by human activities increases each day. As population continues to gradually increase, it is causing harmful effects in terms of air pollution. An increase in the number of people directly varies with the pollution that is emitted into the environment. Moreso, the human population is polluting the air due to the use of vehicles such as cars, trucks, and planes which use gasoline or natural gas to produce electricity in order to power the vehicles which is causing pollution to exude into theâ⬠¦show more contentâ⬠¦Ã¢â¬Å"For instance, even on the last Diwali day which fell on October 18, smoke caused due to the bursting of fire crackers was alarming in Delhi where it was banned by the court.â⬠The use of fireworks can cause vast am ounts of air pollution. Additionally, humans are not aware of the serious impacts that air pollution can cause. If the population continues to increase around the world, then the amount of air pollution is going to continue to increase. A majority of the individuals globally pollutes the air in some way. Air pollution can have a serious impact on the health of the human population. ââ¬Å"Air pollution kills 3.3 million people a year worldwide, including 55,000 Americans, according to a new study by an international group of scientists.â⬠This is becoming a serious problem. An immense amount of deaths in the world is caused by the polluted air that humans are breathing. One of the major causes of air pollution is the use of vehicles among humans. Large vehicles such as trucks, planes, and cars emits large amounts of carbon dioxide into the air. Correspondingly, this causes extensive amounts of pollution to enter into the atmosphere; therefore, in order to prevent further deaths and health problems due to air pollution, the use of vehicles needs to be cut down to avoid the extensive amounts of carbon dioxide to enter into the atmosphere. This issue of the effect of overpopulation on air pollution needs to be addressed to the public in order to preventShow MoreRelated Overpopulation of the Earth Essay1698 Words à |à 7 Pagesnearly 6 billion people in the world. The worldââ¬â¢s population has more than tripled in the span of a hundred years. Given that the earthââ¬â¢s population is constantly on the rise and seeing as how our natural resources are gradually being depleted, we must ask ourselves: what is to become of us and what is to become of our environment? In order to understand this question we must first have a thorough understanding of whether or not there is a population crisis. Having understood this, we must then lookRead MoreEssay about Can the World Sustain an Increasing Population?925 Words à |à 4 Pagesthe population policy, some of them tend to delay the increase of population while others introduce policies to encourage childbirth. After centuries of continual growth, which started at the fi rst industrial revolution, the global population reached over 7 billion individuals in 2013. Research by Ezeh, Bongaarts and Mberu (2012) states that increasing population is a threat to individuals and societies by bring problems based on unsatisfied demand. The ââ¬Å"increasing populationâ⬠in this essay can beRead MoreEnvironmental Issues Should Be Human Centered And Cost Beneficial968 Words à |à 4 Pages In the essay the author, William F. Baxter, held the view that environmental issues should be human-centered and cost beneficial. In other words, his observations are that our effect on the environment is irrelevant except as it affects human interest. He also feels that we have no obligation to respect the balance of nature because no natural state of nature exists. Baxter s main goal was to have an optimal state of pollution which means an amount of pollution that yields the highest amountRead MoreCritical Sources For The Pollution1207 Words à |à 5 PagesCritical Source for the Pollution When there is a pasture that can be used freely, all the farmers who raise cows would bring as much cows as they can to feed them and take a benefit from it. Without rule or law it is humanââ¬â¢s nature to behave selfishly and try to get more advantage for oneself. According to Hardinââ¬â¢s article, ââ¬Å"The tragedy of the commonsâ⬠, he addresses that commons in our society exists in many different ways and these commons are becoming tragedy to our lives. This tragedy, actingRead MoreSynthetic Creations By Man Is Destroying Its Own Home Essay1471 Words à |à 6 Pages As time progresses and advancements to technology and medicine take place, populations soar placing stress over scarce resources. The environment is unable to restore the loss of vital resources as rising populations begin to take advantage of them. Locally, the negative impacts on the environment begin to make a difference. The geographical anatomy of the state of Nevada is made up of deserts. With a gro wing population, once around 160,00 in 1950 to now over 2 million inhabitants, the methods ofRead MoreResearch Essay On Global Pollution1172 Words à |à 5 PagesResearch Essay on Global Pollution The global pollution is one of the major hazards human civilization is confronted with at present. Few issues in the history of mankind had such a pronounced and universal effect on the entire population of our planet, its environment, flora and fauna. Pollution is a problem that also needs to be analyzed and handled in terms of its perspectives in the future, both short- and long-term. Pollution is defined as the process and result of the introduction of foreignRead MoreThe Environmental Problems Of Global Warming1486 Words à |à 6 Pagesââ¬Å"Human population rise, industrilisation and the increased requirement for natural resources has led to many environmental problems, beside global warming. With reference to specific examples, discuss those environmental problems and their possible solutions.â⬠ââ¬Å"Modern humans deeply influence the form and function of the ecosphereâ⬠(Hugget et al: 2004). During the twentieth century alone the worldââ¬â¢s population increased from 1.65 billion to 6 billion and just now the worlds population stands atRead MoreArgumentative Essay : Argumentative Synthesis1734 Words à |à 7 PagesJohn Amos Nordmeyer Ms. Allen 11/20/15 Essay #4: Argumentative Synthesis As we begin the 21st century, the preservation and concern with our world environment becomes more of a highlighted issue. Authors such as Michael Pollan in his article ââ¬Å"Escape from the Western Dietâ⬠, and Jonathan Safran Foer who wrote ââ¬Å"Against Meatâ⬠both mention in their essays the negative impact fast food has created on our environment due to the method of factory farming. Foer quotes using reports from the Food and AgricultureRead MoreEffects of Economic Activities on the Environment1068 Words à |à 5 Pagesway whether it is done intentionally or unintentionally. These could be positive or negative effects. Most of the time, they are negative. Most activities usually end up harming ecosystems or just polluting the environment. Economic activities can range from mining all the way to farming. This essay will discuss different types of economic activities and how they effect the environment. The first effect on the environment is the over harvesting of species. This is mainly caused due to hunting,Read MoreBenefit Of Technology Essay1023 Words à |à 5 Pagessimple and clear cut like that. Instead this essay will proposed the idea of the hindrance that technology presents to humankind. Using legitimate sources as a support for this argument, resulting in a clear and supported argument. Technology has a catastrophic effect on multiple aspects of humankind, but for the purpose of keeping this essay condensed and informative, only three will be discussed. These consist of overpopulation, the negative effects on both the environment and society. When analyzing
Financial Management and Analysis TCS and Infosys
Question: Describe about the Financial Management and Analysis of TCS and Infosys Company? Answer: 1. Introduction The technology sector has been chosen for the present assignment. The two large multinational IT companies have been chosen. They are TCS and Infosys. The financial performance has been analyzed for the year 2014 and 2013. 1.0 Company Profile Infosys is the third largest IT service company. It was founded by Narayan Murthy. According to the 2014 data there are 890 clients of Infosys which is spread out across 50 countries. Infosys has presence globally and it is well established in countries like China, Australia, India, Europe and Middle East. The various services provided by Infosys includes development of software, maintenance of the validation services to insurance, finance, manufacturing. One of the major products of Infosys is Finacle which provides banking solutions across various modules in the retail sector and the corporate banking sector. Infosys has won several awards over the past years. It is considered as the 19th most innovative firm as listed by Forbes. It is one of the most admired companies in India according to the Wall street Journal (infosys.com, 2014). Tata consultancy services is a multinational IT company that provides consultancy services and business solutions. It operates in 46 countries. It is the one of the four most big IT companies in the whole world. It was ranked as the 40th in the worlds most innovative comoanies. Over the past few years TCS has acquired several business organizations like CMC ltd , AFS , Swedish Indian IT Resources AB(tcs.com, 2015). It provides wide range of services that are technology related. The various services provided by TCS includes development of application, outsourcing of business process , planning of capacity , consulting and development of software for the enterprise. The operation of TCS is spread out worldwide in Africa, Asia, Australia, America and Europe. TCS has also started its BPS services which is an IT outsourcing company. It is the largest IT outsourcing company after Genpact. There are various research centres under TCS. The company has won several awards. It is considered as the number one service provider of IT in the manufacturing sector in Europe according to the International Data Corporation in 2014(Tcs.com, 2015). The IT sector in UK is one of the most prosperous and well performing sectors. Globalization has brought the IT companies to a single platform. The IT industries in UK are well established and have a string future. The supplier, users and the consultants for an organized chain. It is one of the well performing sectors that contribute to the GDP of the country. The economic growth of the country is largely impacted by the performance of the IT sector. The IT sector has been performing well for the past few years (Markets.ft.com, 2015). The IT sector is undergoing rapid innovation from the past. The innovation of the IT industry has been evolutionary rather than being evolutionary. The IT sector in UK has matured over the period of time. But the maturity of the IT sector has not prevented it from being innovative. The IT sector has paved the way for the development of outsourcing (Kpmg.com, 2015). 2. Critical Analysis of Ratios Infosys 2014 2013 Profitability Ratios Return on capital employed Net Operating Income/ ( Total Assets - Current liabilities) 36% 37.30% Gross Profit Percentage Gross Profit / Net Sales 39.70% 41.08% Operating Profit Percentage Operating Income / Net Sales 25.77% 27.36% Liquidity Ratios Current ratio Current Asset/ Current Liabilities 3.83 4.82 Efficiency ratios Debtor's Payment Period ( Days) Net credit sales / Average Debtors 6.003233 5.697021 60.80057 64.06857 Financial structure Price/ Earning ratio Current Share Price / Earnings Per share 18.4 18.34 Dividend Yield Dividend per share / Current Share Price 39.70% 29.90% Tata Consultancy Services Profitability Ratios 2014 2013 Return on capital employed Net Operating Income/ ( Total Assets - Current liabilities) 159% 155.52% Gross Profit Percentage Gross Profit / Net Sales 23.63% 22.35% Operating Profit Percentage Operating Income / Net Sales 23.63% 22.35% Liquidity Ratios Current ratio Current Asset/ Current Liabilities 2.737514 2.691748 Efficiency ratios Debtor's Payment Period ( Days) Net credit sales / Average Debtors 4.487524 4.46874 81.33661 81.67851 Financial structure Price/ Earning ratio Current Share Price / Earnings Per share 97.67 70.99 Dividend Yield Dividend per share / Current Share Price 28.40 26.60 Profitability ratios The profitability ratios determine the ability of the company to earn profit from sales. The profitability ratio determines the overall performance of the company over a period of time. It can be compared with other organizations of the industry to judge the performance. In the present report the profitability ratio has been determined in terms of return on capital employed , gross profit percentage and operating profit percentage. In 2014 the return on capital employed for Infosys was 36%. It was 37.30% in the year 2013. A slight decline is seen in 2014. On the other hand the gross profit margin for 2014 is 39.70% and for 2013 it is 41.08%. There is decline in the profit margin for Infosys(Tracy, 2012). On the other hand, in TCS return on capital employed for the year 2014 and 2013 has been 159% and 155% respectively. The gross profit margin for the year 2014 and 2013 is 23.63% and 22.35%. The profitability of TCS has increased for the year 2014(Besley, Brigham and Aberwald Clark, 2002). Liquidity ratios The liquidity ratios determine the ability of the company to repay its short term debt. The two liquidity ratios are the current ratio and the quick ratio. The current ratio shows the ability of the firm to repay its short term debts using the current asset. The ideal current ratio is considered to be 2:1. The liquidity ratio for Infosys in the year 2014 is 3.83 and the ratio for the year 2013 is 4.82. The ratio is higher than the standard ratio 2:1. It shows that the company is not using the assets properly to repay its debt. However the percentage has reduced from the previous year (Desai et al., n.d.). The liquidity ratio for TCS for the year 2014 is 2.73 and for the year 2013 are 2.69. The liquidity ratio of the company has been. It is around 2:1. Efficiency ratios These ratios show the ability of the company to manage the efficiency of its assets. The debtors turnover ratio for TCS has remained the same for 2014 and 2013. On the other hand the ratio for Infosys has declined from the year 2013 to 2014 which is a good indication (Grier, 2015). Financial Structure ratios These ratios highlight on the earning of the shareholders. They are the earning per share and the dividend yield ratio. The earnings per share for Infosys has remained the same for the year 2014 and 2013. On the other hand the earning per share of TCS has increased. It shows that with the increase in profitability of the firm, the earning of the investors is increasing (Grier, 2015). 3. Conclusion and Recommendations TCS and Infosys are the two giant IT companies in the world. The market share of the two firms is large in terms of the IT sector. On analysis of the financial performance for the year 2014 and 2013 it can be seen that performance of TCS is better than Infosys for the two years. The profitability of TCS has been growing. This has resulted in increase in the earning of the investors. However the profit margin of Infosys has declined. The ability of the company to maintain its short term assets is not sound. The company is not using its short term liabilities efficiently. Thus the liquidity ratios are high for the company. 4. References Besley, S., Brigham, E. and Aberwald Clark, D. (2002). Essentials of managerial finance. Mason, OH: South-Western. Desai, R., Palepu, K., Gibson, C., Healy, P., Bernard, V., Wright, S., Bradbury, M. and Lee, P. (n.d.). Analysis of financial statement information. Grier, W. (2015). Credit Analysis of Financial Institutions. infosys.com, (2014). Infosys Annual Report 2013-14. [online] Available at: https://www.infosys.com/investors/reports-filings/annual-report/annual/Documents/Infosys-AR-14.pdf [Accessed 16 Feb. 2015]. Kpmg.com, (2015). UK tech sector records best growth performance for almost | KPMG | UK. [online] Available at: https://www.kpmg.com/uk/en/issuesandinsights/articlespublications/newsreleases/pages/uk-tech-sector-records-best-growth-performance-for-almost-a-decade-according-to-kpmg-markit-tech-monitor-uk-report.aspx [Accessed 16 Feb. 2015]. Markets.ft.com, (2015). Sectors and Industries - latest news, data and trends - FT.com. [online] Available at: https://markets.ft.com/research/Markets/Sectors-and-industries [Accessed 16 Feb. 2015]. tcs.com, (2015). TCS - IFRS ANNUAL REPORT. [online] Available at: https://www.tcs.com/investors/Documents/Financial%20Statements/TCS_IFRS_Q4_13_USD.PDF [Accessed 16 Feb. 2015]. Tcs.com, (2015). TCS News Events: Press Release : Department of Posts Awards Core System Integrator project to TCS. [online] Available at: https://www.tcs.com/news_events/press_releases/Pages/Department-Posts-Core-System-Integrator-project-TCS.aspx [Accessed 16 Feb. 2015]. Tracy, A. (2012). Ratio Analysis Fundamentals: How 17 Financial Ratios Can Allow You to .... pp.5-40.
Subscribe to:
Posts (Atom)