Financial Analysis Case Study Example | Topics and Well Written Essays - 1250 words

Financial Analysis - Case Study Example It is recommendable for Chris Miller to use the past financial performance – financial ratios of Chang Dental Clinic as well as his financial forecasts to convince the bank to loan him the required funds to purchase the dental practice. The past financial performance of Chang Dental Clinic will be useful to the bank in determining the financial performance and the capacity of the clinic to repay its debts which will then help it to determine whether to loan Miller or not. Miller should use the past financial performance of the clinic to convince the bank to loan him the required funds to purchase the practice. Liquidity ratios show the financial performance of the firm and also show the healthy level of the firm. The reason as to why Miller should use the liquidity ratios for the clinic is because the loan will be repaid by the money that will be obtained from the clinic. The performance of the clinic will determine its ability to repay the loan once it is granted to Chris Miller who will be the proprietor and owner of the clinic. Some of the important financial ratios which Miller should present to the bank are as follows: Current ratio and acid test ratio show the ability of a firm to pay for its short term liabilities. The short term assets of the clinic are able to pay for its short term liabilities since the financial ratio are more than 0.5. The debt ratio for the company has reduced significantly from 2003 to 2005. Debt ratio compares the total debt of a company to its total assets. The low and reduced percentage for the clinic indicate less risk for the clinic and that the clinic is heavily dependent on leverage and that the clinic has a stronger equity position. Increasing net profit margin or positive trend in net profit margin for Chang Dental Clinic is an indication if increased profitability. Return on assets illustrates how a

Poverty in U.S Research Paper Example | Topics and Well Written Essays - 3250 words

Poverty in U.S - Research Paper Example While the research findings suggest there exist a correlation between poor health and poverty in the meaning that individuals with health problems or disabilities are more likely to enter the state of poverty, this process seems to be double-sided. In other words, just as ill health may be a cause of poverty, the poverty itself may be a cause of bad health. In this section of the paper both aspects of poverty relation to health will be explored through the analysis of the recent pertinent sources. Households with an adult who has a health problem or is disabled in some way are at a heightened risk of entering the economically insecure position, as found by Rynell. In particular, in her recent work â€Å"Causes of Poverty: Findings from Recent Research†, Rynell arrives at the following conclusion: - Just as health problems limit work opportunities for individuals, they account for their low income and, respectively, poverty. The situation is exacerbated by the fact many people have disabilities that are not qualified as such, which means they neither have access to the government programs, nor do they compete in the labor market. This increases the risk of poverty. To support, statistically the disabled are more than twice as unlikely to be provided with employment as people without any health problems; when the family head becomes disabled, 6.4 per cent of families become poor; because people with disabilities need special conditions at work, they are hired less willingly. People with disabili