Sunday, May 17, 2020
Social Anxiety Disorder ( Disorder ) Essay - 2087 Words
Social Anxiety Disorder (SAD), also sometimes referred to as Social Phobia, is described by the Anxiety and Depression Association of America (ADAA) as the ââ¬Å"extreme fear of being scrutinized and judged by others in social or performance situationsâ⬠(2016). The third most diagnosed mental disorder (Social Anxiety Disorder, 2016) social anxiety disorder is believed to affect nearly 15 million adults in the United States (Understanding the Facts: Social Anxiety Disorder, 2016) and is a growing concern in todayââ¬â¢s ever more socially connected world. Much of the concern over social anxiety disorder stems from the idea that the age of onset often occurs during youth; around age 13 (Understanding the Facts: Social Anxiety Disorder, 2016) and that, of those affected, nearly one third state that they suffered symptoms of the disorder for more than 10 years before seeking out professional assistance (Understanding the Facts: Social Anxiety Disorder, 2016). It is at this point in personal development (age 13-14) that most adolescents, according to information found in the Encyclopedia of Childrenââ¬â¢s Health (ECH), enter into what German psychoanalyst Erik Erikson referred to as the fifth stage of personality development, or the Identity v. Role Confusion stage (ECH, 2016). It is during this fifth stage of development that adolescentââ¬â¢s generally begin to mature (ECH, 2016) both physically and mentally. Investigating how social interactions and relationships impacted personalShow MoreRelatedThe Anxiety Disorders : Social Anxiety Disorder2032 Words à |à 9 PagesClient Goal There are many adolescences that suffer from anxiety that interferes with them performing in the school setting, and often affects their behavior and grades. One of these anxiety disorders is social anxiety disorder, which is ââ¬Å"characterized by significant discomfort and avoidance of social or performance situationsâ⬠(Ryan Warner, 2012, p. 105). Studies have found that ââ¬Å"recent estimates indicate that 6% of children and 12.1% of adolescents meet criteria for this diagnosisâ⬠(Ryan Read MoreAnxiety Disorders And Social Anxiety Disorder1384 Words à |à 6 PagesAnxiety disorders are the most common mental illnesses in the U.S, affecting 18% of the adult population. Among that population, Social Phobia or Social Anxiety Disorder (SAD) is the second most common disorder, affecting 6.8% adults (ADAA, 2015). The onset of SAD generally happens around ages 13 up to 18, when people are more susceptible to the disorder. According to the American Psychological Associati on (2012), a Phobia is an anxiety disorder involving a persistent fear of an object, place orRead MoreSocial Anxiety Disorder : Social Phobia Disorder1654 Words à |à 7 PagesSocial anxiety is ââ¬Å"a fear of humiliation or of being judged by others, and an avoidance of social situations where attention centers on the individualâ⬠(Martis). According to the Social Anxiety Institute, social anxiety has become the third largest psychological disorder, following depression and alcoholism (Richards). Commonly, victims of this social phobia have problems pursuing social environments, interactions, and relationships (ââ¬Å"Social Anxiety Disorderâ⬠). The failure to fulfill daily requirementsRead MoreSocial Anxiety Disorder739 Words à |à 3 PagesSocial anxiety disorder also known as social phobia has been one of the many disorders that have affected many people throughout society. Social anxiety disorder is the third largest psychological problem most people suffer with to day. Throughout the years, researchers have shown how social anxiety disorder has affected over 7-8% of the population over time. Individuals who suffer from social anxiety have an intense fear of being involved in a social interaction among people. The individual can eitherRead MoreThe And Social Anxiety Disorder1087 Words à |à 5 PagesRunning head: DERMATILLOMANA AND SOCIAL ANXIETY DISORER 1 Dermatillomana and Social Anxiety disorder Brittany J Duncan Antelope Valley College Instructor Richard Manley Abnormal Psychology 234 DERMATILLOMANA AND SOCIAL ANXIETY DISORER 2 Impulsive control disorders consist of many different mental illnesses but one caught my attention which was skin picking also known as Dermatillomana. Dermatillomana is an impulsive disorder where one might find him or herselfRead MoreSocial Phobia Disorder And Social Anxiety Disorder Essay809 Words à |à 4 Pagesuncomfortable events that include social interaction. Nerves can sometimes trigger anxiety during classroom interactions, job interviews, or other social events. It is almost normal to stand in front of a crowd and feel like youââ¬â¢re being judged constantly and tremble. There is a major difference between nerves and an anxiety disorder. When someone sufferers with social anxiety, they normally avoid situations that allow them to feel judged by others. I believe that social phobia can be resolved in someRead MoreThe Symptoms Of Social Anxiety Disorder1574 Words à |à 7 PagesAbout 12.1 percent of the general population has social anxiety (SAD) disorder during their lives (Kessler, Berglund, et al., 2005). SAD is the second most common form of anxiety disorder and affects 35 million people in the United States alone (Hofmann et al., 2009, Magee et al., 1996). People diagnosed with SAD have a lower quality of life, higher chance of substance abuse and greater risk of suicide (Baldwin and Buis 2004). The best and most common form of treatment for SAD is cognitive-behavioralRead MoreSocial Anxiety Disorder ( Sad )1901 Words à |à 8 PagesSocial Anxiety Disorder (SAD) is defined as a chronic and often disabling condition that is associated with uncontrollable worry and tension with symptoms that include restlessness, fatigue, irritability, muscle tension, and/or sleep disturbance. People with social anxiety disorder also experience an intense, persistent fear of drawing attention to themselves in social situations, believing that their flaws will be exposed and that they will be negatively evaluated and rejected. Itââ¬â¢s a terrible andRead M oreSocial Anxiety Disorder ( Sad ) Essay1221 Words à |à 5 PagesSocial Anxiety Disorder (SAD) is the third largest mental health problem in the world. The latest government data shows that social anxiety disorders affect about 7% of the population at any given time. The lifetime prevalence rate (the chances of developing a social anxiety disorder at any time during their lifespan) stands slightly above 13% (Richards Ph.D., Psychologist, 2016). Social Anxiety is not shyness; it is a real disorder that involves interaction with others. It is a fear of being judgedRead MoreEssay On Social Anxiety Disorder1267 Words à |à 6 PagesSocial Anxiety Disorder (SAD) is not a disease, nor can an individual contract it. It is a manifestation of oneââ¬â¢s own perception of being rejected, humiliated, ignored or scrutinized, an incapacitating fear of social situations. SAD affects both children and adults, all ethnicities, men and women, although studies have shown that more women develop SAD than men and it is a global disorder. When an individual suffers from SAD, the routine life of these individuals can be affected. However, there is
Wednesday, May 6, 2020
Conflict Resolution And Resolving Workplace Conflicts
Conflict Resolution Conflicts are inevitable. It is necessary for the advanced practice nurse to have skills in approaching conflicts, negotiations, and resolutions (Hamric, Hanson, Tracy, Grady, 2014). According to Hamric et al. (2014), you do not have to feel pressured to instantly agree with other teammates; however, be respectful and listen intently and identify what you are able to offer to the team. Conflicts occur because of the different points of view. They can also happen because of various morals, values, and work ethic. In a multinational team there is bound to be conflicts. Those conflicts will transpire and require resolution. Problem solving with negotiations can lead to a quick resolution. Communication Communication is essential with resolving workplace conflicts. Communicate clearly and frequently. No employee wants to be uninformed or left out of the loop, especially regarding important decisions. Communicating with each other not only helps everyone to do a better job, it reduces stress and increases job performance (Lee, 2008). Unsatisfied Patient The patient drove 75 miles to have her biopsy. The physician was too busy and he scheduled the patient to see the nurse practitioner. The nurse practitioner apologized that she would not be able to perform the biopsy. The nurse practitioner could not perform the biopsy, as it was not within her scope of practice within that state. Nurse Practitioner This nurse practitioner has the skills andShow MoreRelatedConflict Resolution Within The Workplace1224 Words à |à 5 Pagesmethods to address conflict resolution within the workplace. The purpose of this paper is to discuss specific techniques and tools to resolve conflict within the workplace. A description of a workplace conflict at my current place of employment will be provided. The impact that cultural norms may have on conflict will be briefly considered. Additionally, the impact that conflict has on leadershipââ¬â¢s decision making will be addressed. In discussing resolution of this particular conflict, specific techniquesRead MoreProblems Associated With Conflict Resolution1584 Words à |à 7 Pages Conflict Resolution Janineen Rohlsberger Professor Clayton Chamberlain College of Nursing Introduction They are many concerns or reasons that causes conflicts in the workplace. It can be from poor communication, poor work ethics, personal issues, not been a team player or sharing different views or values. All these factors contribute tremendously for staff members to have continuous conflicts. Being a leader is my responsibility to resolve these conflicts and preventing theseRead MoreDispute Resolution : A Conflict Diagnosis Approach1690 Words à |à 7 PagesDispute Resolutions Many people go to litigation for resolving disputes without knowing the alternatives that may possibly be more beneficial to them. The textbook, ââ¬Å"Alternative Dispute Resolution: A Conflict Diagnosis Approachâ⬠is a great book that defines and explains the different types of dispute resolutions that can be used to settle a conflict. Some of the dispute resolutions discussed in the book are suitable for specific disputes. And the different type of dispute resolutions has differentRead MoreManaging Conflict Essay example1527 Words à |à 7 Pagesresolve a conflict. People do experience conflict in their lives. There has always been a lot of interest in how to manage conflict once it appears in the open, and that is important. What is not so common is a concern for preventing unnecessary conflict, so it does not start in the first place. Managers are capable of using all five resolutions skills to deal with conflict in the workplace. Organizations of all types need good managers in order to survive when dealing with conflicts thatRead MoreConflict Between Conflict And Conflict1700 Words à |à 7 Pagesno single, precise definition of the word conflict. However, most people recognize conflict in the forms of tension, frustration, verbal or physical abuse, disagreement, annoyance, or rivalry (Carter and Byrnes, 2006). Conflict can occur when two or more individuals or groups have differing interests. Additionally, conflict often involves one or both sides determinedly interfering with the efforts of the other side to achieve its goals. However, conflict can occur when two sides are trying to cooperateRead MoreSolving The Workplace After Conflict Management Training1735 Words à |à 7 PagesAbstract Conflict is an unavoidable part of life and health care is not excluded. The manner in which conflict is resolved has a major impact in the workplace, be it favorable or unfavorable. Conflict can arise at many professional levels in health care from the nursing staff to the physician. Conflict also comes in many forms within the health care system. Stress, personal differences, scarce resources and staffing, and also burnout can lead to conflict in health care (Pavlakis, Kaitelidou,Read MoreReasons For The Customer Service Complaints1455 Words à |à 6 Pagesprocess Coaching Use question and feedbacks to help learnersââ¬â¢ learning process. It is a process to help staffs improve their performance in the workplace. It is about improving staffââ¬â¢s performance level and concentrate on the task results Counselling Counselling is used when there is an issue with staff behavior, performance and personal issues in the workplace. Mentoring Share information, experiences and give and receive advices and guidance. It is to create a positive influence on staffsââ¬â¢ professionalRead MoreQuestions On Conflict Management On The Workplace1454 Words à |à 6 Pages Conflict Management: How to resolve conflict in the workplace? Mariann Wright Johnson Wales University Introduction Conflict happens in any working relationship and it should not be avoided or ignored. Diversity is the cause of conflict in the workplace because in almost every organization there is different cultures and nationalities, and employees with different experiences, values, beliefs, and opinions. When conflict arises in the workplace it is the managerââ¬â¢s responsibilityRead MoreDispute Resolution Innovations1082 Words à |à 5 PagesDispute Resolution Innovations Introduction This paper will discuss innovative alternative dispute resolutions and how they may be used in a controversial conflict scenario. The writer will discuss these methods using an actual conflict scenario, describing how individuals involved in the conflict will benefit from these innovative methods rather than costly courtroom litigation. Alternative dispute resolutions are clearly the most beneficial conflict solution regardless of gender, cultural influenceRead MoreRecent Customer Service Issues Within Cricket Equip1429 Words à |à 6 Pagesprocess Coaching Use question and feedbacks to help learnersââ¬â¢ learning process. It is a process to help staffs improve their performance in the workplace. It is about improving staffââ¬â¢s performance level and concentrate on the task results Counselling Counselling is used when there is an issue with staff behavior, performance and personal issues in the workplace. Mentoring Share information, experiences and give and receive advices and guidance. It is to create a positive influence on staffsââ¬â¢ professional
Financial reports of Analysis for Dummies - Myassignmenthelp.Com
Question: Discuss about the Financial reports of Analysis for Dummies. Answer: Introduction: This report has been prepared to evaluate and identify the impact of the financial statement of a company over various aspects and the variables of the company. Financial statement is the main reports to analyze the performance and the position of the company in terms of finance. Financial statement analysis is done by the financial analyst, chief financial officer and the investors of the company to analyze and evaluate the position of the company so that a better decision could be made. This analysis also assists the companies to evaluate their market position so that the new diversifications, strategies and policies could be made. In this report, automotive industry has been taken into the concern. This report has been prepared over Marshall Motor Holdings plc. For this analysis, firstly an overview study has been done over the company and the automotive industry. Further, various financial analysis methods have been used to identify the changes into the financial position of the company so that it could be evaluated that how the position of the company has been enhanced. Company overview: Marshall Motor holdings plc is operating its business into international market. The analysis over company depict that the primarily, this company evaluates and performs the automotive industrys work. This company is selling and repairing numerous vehicles related to commercial and passengers purpose. Currently, this company has diversified its market into 25 countries. 103 franchises of this company have contracted with 25 brands of automotive industry to transport the vehicles into the global market (Home, 2017). This company has 28 sites to manage and administer the operations and the performance of the company. Through the analysis over the internal and external factors of the company, it has been evaluated that the performance of the company has been enhanced and it assist the company to manage the position of the company in the industry as well as in international market. Industry Overview: Further, the overview study over the industry depict that the automotive industry is growing up rapidly. The automotive industry share has been enhanced in the economy share. Through the analysis over automotive industry, it has been found that the global presence of the automotive industry is enhancing and due to it the performance of the companies which are performing their business under this industry is enhancing rapidly (Schlichting, 2013). Further, it has been analyzed that the trends of 2017 express that the performance of the companies in this industry have been enhanced: (Strategy, 2017) The above graph depict that the operating margin of the industry has been enhanced and depict about the better position of the industry in the market. Further, it has also been analyzed that the total shareholder return of automotive industry has also been enhanced in last 55 years. Through the study over an article, it has also been evaluated that the industry is planning to set a new road map. This analysis depict that the various new changes have taken place into the position and the performance of the company. Further, it has also been analyzed that the companies of automotive industry have planned various new strategies and the vehicles to enhance their market. The manufacturing and the design of the vehicles are designed by the company in such a manner that the entire clients of this industry could be satisfied and thus the revenue of the industry could also be higher (Phillips and Stawarski, 2016). Currently the automobile rate of the international market has also been enhanced. Financial statement analysis: For analyzing the performance of the MARSHALL MOTOR HOLDINGS PLC in a better way, study has been done over the financial statement of the company. More, it has also been analyzed that how much changes and what changes have taken place into the performance and the position of the company. Further, it has also been analyzed that how these changes have impacted the position of the company. Following are the few changes which have taken place into the position of the company: Calculation of the increment 2016 2015 Sales 1899405000 1232761000 54.08% Operating profit 29054000 18246000 59.23% Earnings 17762000 11721000 51.54% Dividend payment 3251000 15448000 -78.96% Market capitalization 145638000 129884000 12.13% Operating cash flow 80309000 25493000 215.02% Capital expenditure 40754000 -2169000 -1978.93% Debt increment 85444000 28642000 198.32% (Palicka, 2011) The above statement and the table depict that various changes have taken place into the position and the performance of the company. Through this analysis, it has been evaluated that how this position have impacted the performance of the company. From the above table, it has been found that the sales of the company have been enhanced in 2016 from 2015 by 54.08%. Further, it has also been found that the operating profit has also been enhanced with the increment in the sales. More, the earnings of the company have also been enhanced due to good increment in the total revenue of the company (Madhura, 2014). More, it has also been found that the company has reduced the level of the dividend payment to manage the funds in the organization. This has helped the comapny to raise the funds through internal sources. More, the cash flow of the company in terms of operating aspects has also been enhanced by 215.02%. And lastly, the study over capital expenditure and debt increment depict that the organization has enhanced the funds through debt to diversify the market and the expenditure of the company has also been enhanced. Ratio analysis: Further, the study has been done over the liquidity position; solvency position, debt position and the profitability position of the organization to identify the changes which have taken place into the organization of the company. Following are the calculations of the ratio analysis of the company: Financial Data Description Marshall Holdings plc ($) 2016 2015 2014 Revenue 1,89,94,05,000 1,23,27,61,000 1,08,58,83,000 94,05,05,000 79,44,37,000 Cost of goods sold 1,67,89,49,000 1,08,74,52,000 95,97,12,000 82,67,07,000 70,11,53,000 Gross profit 22,04,56,000 14,53,09,000 12,61,71,000 11,37,98,000 9,32,84,000 Operating profit 2,90,54,000 1,82,46,000 1,52,43,000 1,25,72,000 68,81,000 Net profit 1,77,54,000 1,17,14,000 99,36,000 77,32,000 33,05,000 Interest 29,85,000 14,18,000 11,40,000 11,95,000 11,66,000 Inventory 38,00,16,000 24,06,32,000 16,30,11,000 13,49,58,000 11,04,77,000 Current assets 47,51,72,000 30,74,86,000 23,80,18,000 21,43,37,000 15,73,73,000 Receivables 8,46,61,000 3,81,93,000 7,03,01,000 7,49,43,000 4,32,84,000 Current liabilities 58,49,14,000 28,99,70,000 25,14,11,000 21,28,34,000 15,53,40,000 Payables 49,73,40,000 21,24,06,000 22,14,42,000 18,25,44,000 12,86,86,000 Equity 14,56,38,000 12,98,84,000 6,61,20,000 6,06,81,000 5,59,46,000 Total liabilities 65,60,14,000 32,51,19,000 28,70,14,000 24,72,56,000 18,72,75,000 Total assets 80,16,52,000 45,50,03,000 35,31,34,000 30,79,37,000 24,32,21,000 Number of employee 2,250 Description Formula Marshall Holdings plc 2016 2015 2014 2013 2012 Profitability Net margin Net profit/revenues 0.93% 0.95% 0.92% 0.82% 0.42% Return on equity Net profit/Equity 12.19% 9.02% 15.03% 12.74% 5.91% Sales employee Sales / number of employee 844180 Liquidity Current ratio Current assets/current liabilities 0.81 1.06 0.95 1.01 1.01 Acid test Current assets-Inventory/current liabilities 0.16 0.23 0.30 0.37 0.30 Efficiency Receivables collection period Receivables/ Total sales*365 16.27 11.31 23.63 29.08 19.89 Payables collection period Payables/ Cost of sales*365 108.12 71.29 84.22 80.60 66.99 Asset turnover ratio Total sales/ Total assets 2.37 2.71 3.07 3.05 3.27 Solvency Debt to Equity Ratio Debt/ Equity 4.50 2.50 4.34 4.07 3.35 Debt to assets Debt/ Total assets 0.82 0.71 0.81 0.80 0.77 Interest cover EBIT / interest expenses 9.73 12.87 13.37 10.52 5.90 Gearing ratio Long term liabilities / capital employed 0.22 0.24 0.31 0.37 0.37 Return on capital employed Operating profit / total assets - current liabilities 0.41 0.52 0.43 0.37 0.22 (London Stock Exchange, 2017) The above table depict about the various level of the company. Firstly, the study has been done over the profitability position of the company. Firstly, net profit margin of the company has been analyzed and it has been found that the net profit of the company has been enhanced in 2016 (Kinsky, 2011). It depict that the position of the company is increasing continuously. More, the return on equity and the sales of the company in comparison of the employees have also been analyzed and it has been found that the return on equity has been enhanced by 12.19% in 2016. Further, it has also been found that currently the sales per employee of the company are 844180 (Krantz, 2016). Through this analysis, it has been found that the performance and the position of the company have been enhanced and it depict about the better profitability position of the company (Morningstar, 2017). The above table depict about the various level of the company. Firstly, the study has been done over the profitability position of the company. Firstly, net profit margin of the company has been analyzed and it has been found that the net profit of the company has been enhanced in 2016 (Kinsky, 2011). It depict that the position of the company is increasing continuously. More, the return on equity and the sales of the company in comparison of the employees have also been analyzed and it has been found that the return on equity has been enhanced by 12.19% in 2016. Further, it has also been found that currently the sales per employee of the company are 844180 (Home, 2017). Through this analysis, it has been found that the performance and the position of the company have been enhanced and further it express about the better profitability position of the company. Further, the above table depict about the liquidity position of the company. Liquidity position of a company depict about the debt obligation position of the company and the position of the company to pay off all the debts (Horngren, 2009). Firstly, current ratio of the company has been analyzed and it has been found that the current liquidity position of the company has been lowered in 2016. It depict that the position of the company and the policies of reducing the level of the current assets in comparison of the current liabilities is a great step. It would help the company to reduce the level of the extra expenditure. The position of current liquidity position is better according to the industry debt obligation level (Hopper, Northcott and Scapens, 2007). More, the quick liquidity ratio of the company has been analyzed and it has been found that the quick position of the company has also been lowered in 2016 in comparison of last 5years. Through this analysis, it has also been fo und that the company is required to manage the level of the current assets except the inventories of the company. Through this analysis, it has been found that the performance and the position of the company have been enhanced and it depict about the better liquidity position of the company, company is just required to enhance the level of the quick assets of the company (Hansen, Mowen and Guan, 2007). Further, the above table depict about the efficiency position of the company. Efficiency position of a company depict about the total cash conversion process of the company and the position of the company to manage all the operations and current assets and liabilities in a perfect manner (Garrison, Noreen, Brewer and McGowan, 2010). Firstly, receivable collection period of the company has been analyzed and it has been found that the company has reduce the level of the collection period to get the debtors amount quickly. It depict that the position of the company and the policies of collecting the debt amount has been changed and it assist the company to manage the better position. It would help the company to reduce the level of the extra expenditure (Elton, Gruber, Brown and Goetzmann, 2009). The position of cash collection position is better according to the industry and the obligation of the company. More, the payment payable days of the company has also been analyzed and it has b een found that the total payment days of the company has also been enhanced in 2016 in comparison of last 5years. Through this analysis, it has also been found that the company has reduced the payment cycle to enhance the level of the cash in the business (Hansen, Mowen and Madison, 2010). Through this analysis, it has been found that the performance and the position of the company have been enhanced and the cash conversion cycle of the company has also been better. Lastly, the above table depict about the solvency position of the company. Solvency position of a company depict about the total capital structure and the debt of the company in comparison of various other variables of the company (DRURY, 2013). Firstly, debt to equity ratio of the company has been analyzed and it has been found that the company has enhanced the level of the debt in comparison on the equity to reduce the level of the cost in the company. It depict that the position of the company and the policies of managing the debt and equity has been changed but it has impacted over the risk level of the company (Bhimani, Horngren, Datar and Foster, 2008). Further, the debt to assets level of the company has also been analyzed and it has been found that the debt level of the company has enhanced in comparison of total assets in last 5 years. Through this analysis, it has also been found that the company has managed the debt, equity and total assets level to manage the performance and the position of the company. Through this analysis, it has been found that the performance and the position of the company have been enhanced and the company is required to reduce the level of the debt and equity. Horizontal analysis: Further, the financial reports and the statement of the company have been analyzed through the method of horizontal analysis. In this study, it has been analyzed that how much changes have taken place into the each year in comparison of last year. Following are the calculations of the horizontal analysis over income statement and balance sheet of the company: MARSHALL MOTOR HOLDINGS PLC (MMH) CashFlowFlag INCOME STATEMENT Fiscal year ends in December. 2016-12 Changes 2015-12 Changes 2014-12 Changes 2013-12 Changes 2012-12 Revenue 1899405000 54.08% 1232761000 13.53% 1085883000 15.46% 940505000 18.39% 794437000 Cost of revenue 1678949000 54.39% 1087452000 13.31% 959712000 16.09% 826707000 17.91% 701153000 Gross profit 220456000 51.72% 145309000 15.17% 126171000 10.87% 113798000 21.99% 93284000 Operating expenses Sales, General and administrative 3518000 141.79% 1455000 -21.05% 1843000 47.44% 1250000 88.82% 662000 Other operating expenses 187884000 49.58% 125608000 15.15% 109085000 9.11% 99976000 16.60% 85741000 Total operating expenses 191402000 50.64% 127063000 14.55% 110928000 9.58% 101226000 17.16% 86403000 Operating income 29054000 59.23% 18246000 19.70% 15243000 21.25% 12572000 82.71% 6881000 Interest Expense 2985000 110.51% 1418000 24.39% 1140000 -4.60% 1195000 2.49% 1166000 Other income (expense) -3918000 167.44% -1465000 21.07% -1210000 3.95% -1164000 0.09% -1163000 Income before income taxes 22151000 44.18% 15363000 19.16% 12893000 26.24% 10213000 124.36% 4552000 Provision for income taxes 4397000 20.50% 3649000 23.40% 2957000 19.19% 2481000 98.96% 1247000 Minority interest -8000 14.29% -7000 133.33% -3000 0.00% -3000 -40.00% -5000 Other income -8000 14.29% -7000 133.33% -3000 0.00% -3000 -40.00% -5000 Net income from continuing operations 17754000 51.56% 11714000 17.89% 9936000 28.50% 7732000 133.95% 3305000 Other 8000 14.29% 7000 133.33% 3000 0.00% 3000 -40.00% 5000 Net income 17762000 51.54% 11721000 17.93% 9939000 28.49% 7735000 133.69% 3310000 Net income available to common shareholders 17762000 51.54% 11721000 17.93% 9939000 28.49% 7735000 133.69% 3310000 Earnings per share Basic 0.23 15.00% 0.2 53.85% 0.13 30.00% 0.1 150.00% 0.04 Diluted 0.22 15.79% 0.19 46.15% 0.13 30.00% 0.1 150.00% 0.04 Weighted average shares outstanding Basic 77326970 30.12% 59425171 -23.06% 77236263 0.00% 77236263 0.00% 77236263 Diluted 79500548 30.23% 61046875 -20.96% 77236263 0.00% 77236263 0.00% 77236263 EBITDA 49369000 30.37% 37868000 8.11% 35028000 9.40% 32018000 30.34% 24565000 (Ackert and Deaves, 2009) MARSHALL MOTOR HOLDINGS PLC (MMH) CashFlowFlag BALANCE SHEET Fiscal year ends in December. 2016-12 Changes 2015-12 Changes 2014-12 Changes 2013-12 Changes 2012-12 Assets Current assets Cash Cash and cash equivalents 83000 -99.66% 24130000 1221.47% 1826000 3.81% 1759000 18.85% 1480000 Total cash 83000 -99.66% 24130000 1221.47% 1826000 3.81% 1759000 18.85% 1480000 Inventories 380016000 57.92% 240632000 47.62% 163011000 20.79% 134958000 22.16% 110477000 Prepaid expenses 10412000 129.79% 4531000 57.33% 2880000 7.58% 2677000 25.56% 2132000 Other current assets 84661000 121.67% 38193000 -45.67% 70301000 -6.19% 74943000 73.14% 43284000 Total current assets 475172000 54.53% 307486000 29.19% 238018000 11.05% 214337000 36.20% 157373000 Non-current assets Property, plant and equipment Land -100.00% 37381000 13.22% 33017000 20.19% 27470000 5.96% 25924000 Fixtures and equipment 35126000 29.25% 27177000 5.08% 25863000 -5.56% 27387000 9.40% 25033000 Other properties 232468000 112.76% 109262000 10.05% 99281000 7.51% 92343000 5.09% 87868000 Property and equipment, at cost 267594000 53.95% 173820000 9.90% 158161000 7.45% 147200000 6.03% 138825000 Accumulated Depreciation -65783000 -1.13% -66535000 -0.88% -67124000 2.75% -65330000 9.91% -59439000 Property, plant and equipment, net 201811000 88.11% 107285000 17.85% 91037000 11.20% 81870000 3.13% 79386000 Goodwill 121191000 220.69% 37791000 71.35% 22055000 130.05% 9587000 48.59% 6452000 Intangible assets 842000 85.87% 453000 #DIV/0! #DIV/0! #DIV/0! Other long-term assets 2636000 32.60% 1988000 -1.78% 2024000 -5.55% 2143000 21330.00% 10000 Total non-current assets 326480000 121.32% 147517000 28.15% 115116000 22.99% 93600000 9.03% 85848000 Total assets 801652000 76.19% 455003000 28.85% 353134000 14.68% 307937000 26.61% 243221000 Liabilities and stockholders' equity Liabilities Current liabilities Short-term debt 47050000 76.22% 26700000 -5.79% 28342000 0.78% 28124000 5.61% 26629000 Capital leases 30680000 Accounts payable 497340000 134.15% 212406000 -4.08% 221442000 21.31% 182544000 41.85% 128686000 Taxes payable 4602000 -3.38% 4763000 192.75% 1627000 -24.88% 2166000 8564.00% 25000 Other current liabilities 5242000 -88.63% 46101000 Total current liabilities 584914000 101.72% 289970000 15.34% 251411000 18.13% 212834000 37.01% 155340000 Non-current liabilities Long-term debt 7531000 -69.48% 24677000 -2.09% 25205000 4.98% 24010000 14.48% 20973000 Capital leases 33833000 Deferred taxes liabilities 20803000 1003.61% 1885000 5.72% 1783000 -5.16% 1880000 -33.87% 2843000 Minority interest 21000 -27.59% 29000 -19.44% 36000 -7.69% 39000 -7.14% 42000 Other long-term liabilities 8912000 4.14% 8558000 -0.24% 8579000 1.01% 8493000 5.15% 8077000 Total non-current liabilities 71100000 102.28% 35149000 -1.28% 35603000 3.43% 34422000 7.79% 31935000 Total liabilities 656014000 101.78% 325119000 13.28% 287014000 16.08% 247256000 32.03% 187275000 Stockholders' equity Common stock 49531000 Additional paid-in capital 19672000 0.00% 19672000 Retained earnings 76435000 25.75% 60781000 -4.84% 63870000 9.31% 58431000 8.82% 53696000 Accumulated other comprehensive income -100.00% 49431000 2096.93% 2250000 0.00% 2250000 0.00% 2250000 Total stockholders' equity 145638000 12.13% 129884000 96.44% 66120000 8.96% 60681000 8.46% 55946000 Total liabilities and stockholders' equity 801652000 76.19% 455003000 28.85% 353134000 14.68% 307937000 26.61% 243221000 The above study of income statement and balance sheet depict that the various changes have taken place into the position and the performance of the company. This depicts that the performance of the company has been better in 2016 in comparison of last 5 years (Baker and Nofsinger, 2010). Further, it has also been analyzed that few changes could be done by the company to enhance the level of the profitability position of the company. Conclusion: Through the above study, it has been found that the various strategies must be changed by the company to manage the position and the performance of the company. though, the performance of the company has been better from last 5 years but still, few changes should be done by the company to enhance the level of the financial performance of the company. Company must manage the level of the debt and equity according to the industry rules. Further, company should also need to manage a better level of the liquid position so that the risk and return of the company could also be managed. Through the above analysis over MARSHALL MOTOR HOLDINGS PLC and the automotive industry, it has been analyzed that the profitability position of the comapny has been improved and the market share of the company has also been enhanced. Further, it has been found that the trends of the industry depict that various positive changes would take place into the performance of the company in future. Further, it has also been analyzed that few changes could be done by the company to enhance the level of the profitability position of the company. References: Ackert, L. and Deaves, R. 2009. Behavioral Finance: Psychology, Decision-Making, and Markets. Cengage Learning. Baker, H.K. and Nofsinger, J.R. 2010. Behavioral Finance: Investors, Corporations, and Markets. John Wiley and Sons. Bhimani, A., Horngren, C. T., Datar, S. M., and Foster, G. 2008.Management and cost accounting(Vol. 1). Pearson Education. DRURY, C. M. 2013.Management and cost accounting. Springer. Elton, E.J., Gruber, M.J., Brown, S.J., and Goetzmann, W.N. 2009. Modern Portfolio Theory and Investment Analysis. John Wiley and Sons. Garrison, R. H., Noreen, E. W., Brewer, P. C., and McGowan, A. 2010. Managerial accounting.Issues in Accounting Education,25(4), 792-793. Hansen, D. R., Mowen, M. M., and Madison, T. 2010. Cornerstones of cost accounting.Issues in Accounting Education,25(4), 790-791. Hansen, D., Mowen, M., and Guan, L. 2007.Cost management: accounting and control. Cengage Learning. Hopper, T., Northcott, D., and Scapens, R. 2007.Issues in management accounting. Pearson education. Horngren, C. T. 2009.Cost accounting: A managerial emphasis, 13/e. Pearson Education India. Kinsky, R. 2011. Charting Made Simple: A Beginner's Guide to Technical Analysis. John Wiley and Sons. Krantz, M. 2016. Fundamental Analysis for Dummies. John Wiley and Sons. Kurth, S. 2013. Critical Review about Implications of the Efficient Market Hypothesis. GRIN Verlag. London stock exchange. 2017. Marshall Motor holdings plc. Available From: https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00BVYB2Q58GBGBXASQ1.html [Accessed 01 Dec 2017]. Madura, J. 2014. Financial Markets and Institutions. Cengage Learning. Marshall Motor holdings plc. 2017. Home. Available From: https://www.mmhplc.com/ [Accessed 01 Dec 2017]. Morningstar. 2017. Marshall Motor holdings plc. Available From: https://financials.morningstar.com/ratios/r.html?t=MSLH [Accessed 01 Dec 2017]. Palicka, V.J. 2011. Fusion Analysis: Merging Fundamental and Technical Analysis for Risk-Adjusted Excess Returns. McGraw Hill Professional. Phillips, P.P. and Stawarski, C.A. 2016. Data Collection: Planning for and Collecting All Types of Data. John Wiley and Sons. Schlichting, T. 2013. Fundamental Analysis, Behavioral Finance and Technical Analysis on the Stock Market. GRIN Verlag. Strategy, 2017. Available From: https://www.strategyand.pwc.com/trend/2017-automotive-industry-trends [Accessed 01 Dec 2017].
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