Asset turns

Stock turn Planned versus actual —> Assets turn Order cycle time —> Order fill On-time delivery —> Invoice accuracy Returns... 

The financial objectives of a business, especially in the manufacturing sector, include increasing asset turn, improving profit margin and improving ROI, but these three indices may appear to be conflicting, as shown in Fignre 17.5. 

For a given ROI, profit margin goes down with ino-eased asset turn and vice versa. However, when analyzed more closely by managing the improvement of both numerator and denominator (i.e. operations improvement and asset management) the company performance can move to a higher ROI curve and retain improvements in both profit margin and asset turn. 

Net asset turns (working capital) 2.2 turns 8 turns 12 turns 19 turns... 

Table 3-7 contains the financial results for Walmart and Macy s for 2012. Evaluate the financial performance of each company based on the various metrics discussed in Section 3.1, such as ROE, ROA, profit margin, asset turns, APT, C2C, ART, INVT, and PPET. Can you explain the differences you see in their performance... 

The three-step mechanism for free-radical polymerization represented by reactions (6.A)-(6.C) does not tell the whole story. Another type of free-radical reaction, called chain transfer, may also occur. This is unfortunate in the sense that it complicates the neat picture presented until now. On the other hand, this additional reaction can be turned into an asset in actual polymer practice. One of the consequences of chain transfer reactions is a lowering of the kinetic chain length and hence the molecular weight of the polymer without necessarily affecting the rate of polymerization. 

Eany Common stockholders take the ultimate risk in a business ecause they have no right to a return on their investment. However, they have the right to elect the direciors of the company, who in turn are responsible for the management of the business. Stockholders are likely to vote the board of direciors out if adequate dividends are not paid. Usually the hability of stockholders is limited to the nominal, or par, value of their stock, and hence they can lose only what they have already paid for the stock. If the hability is not hmited by law, the personal assets of the stockholders are at risk in the event of company bankruptcy, in proportion to the amount of stock held. 

Because calcium sulfide contained in the black ash had a highly unpleasant odor, methods were developed to remove the odor by recovering the sulfur, therein providing at least part of the raw-material for the sulfuric acid required in the first part of the process. Thus, the Leblanc prtKcss demonstrated, at the very beginning, the typical ability of the chemical industry to develop new processes and new products, and often in so doing to turn a liability into an asset. 

Location is a strategic issue, and the decision where to locate cannot be taken lightly. It is the first decision in the implementation of a project. Upon the decision to proceed, an investment is made which is irreversible. That investment in bricks and mortar cannot physically be transferred to another location if the decision turns out to be wrong. In time, the assets may be realized but probably at much lower values than paid. 

Owing to the fully reversible equilibrium nature of the aldol addition process, enzymes with low diastereoselectivity will typically lead to a thermodynamically controlled mixture of erythro/threo-isomers that are difficult to separate. The thermodynamic origin of poor threo/erythro selectivity has most recently been turned to an asset by the design of a diastereoselective dynamic kinetic resolution process by coupling of L-ThrA and a diastereoselective L-tyrosine decarboxylase (Figure 10.47)... 

Commercial plastics polymerisation is akin to making pig s ears out of silk purses, albeit usually useful porcine ears from very worn out handbags. What were once valuable polymers are turned into generally less valuable monomers. The regenerated monomers and small chemicals from polymerisation of post-consumer plastics have no particular moral authority or intrinsic grace compared to chemicals derived from non-recycling sources. To be successful, commercial polymerisation must make economic sense in ways that are understood by those who invest dear money into capital assets. 

Resulting from the widespread interest in macrocyclic ligand chemistry, an impressive array of synthetic procedures for macrocyclic systems has been developed. In spite of this, the synthesis of a new ring system frequently turns out to be far from trivial. Indeed, synthetic macrocyclic chemistry is often very challenging and, as well as a thorough knowledge of any metal-ion chemistry involved, skill in the subtle art of organic synthesis is also a valuable asset for those involved in the preparation of new cyclic systems. 

As society advances, its values depend on what is produced and those sources of production. However, as the means to acquire products becomes easier, values turn inward to the general societal welfare and our environment. Uncontrolled fire can devastate our assets and production sources, and this relates to the societal costs of fire prevention and loss restoration. The effects of fire on people and the environment become social issues that depend on the political ideology and economics that prevail in the state. Thus, attention to fire prevention and control depend on its perceived damage potential and our social values in the state. While these issues have faced all cultures, perhaps the twentieth century ultimately provided the basis for addressing fire with proper science in the midst of significant social and technological advances, especially among the developed countries. 

The DfE Program aims to turn pollution prevention into both a corporate and an environmental asset, by helping businesses incorporate environmental considerations into the product or process design and decision-making process. The program has three goals ... 

Industry profits are indeed high related to those found in other sectors, notably service (retail and wholesaler) industries. This is due in part to the fact that the pharmaceutical industry is asset-intensive rather than labor-intensive, which leads to a low asset-to-sales turnover ratio, which in turn leads to a high rate of return on equity. Conversely, sectors with low asset-to-sales turnover ratios will have low rates of return on equity. 

As you turn the page, your job-search efforts are about to kick off as you begin to build an understanding of what a resume is and how you can best use this document to your advantage when applying for jobs. If used correctly, your resume can help you land the job you want, earn more money, and position you as a valuable asset to any employer. 

There are also numerous antidepressants that have sedative-hypnotic properties (Table 8—4). Some of these antidepressants are sedating owing to anticholinergic-antihistaminic actions. Not surprisingly, the tricyclic antidepressants (TCAs) can therefore be useful hypnotics to induce sleep in some patients. Thus, skillful use of a TCA in a depressed patient with insomnia can turn the liability of unwanted sedation into the asset of relief of insomnia if the TCA is given at bedtime. This property, as discussed in Chapter 6, has nothing to do, however, with the reason that TCAs are antidepressants (shown in Figs. 6—15 and 6—16). 

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