Sunday, February 23, 2020

Colgate-Palmolive Co (CL) Assignment Example | Topics and Well Written Essays - 750 words

Colgate-Palmolive Co (CL) - Assignment Example Some of the famous brands that the company owns include Colgate, Palmolive, Irish Spring, Ajax, Speed Stick, Suavitel, and Fabuloso. The financial statements of the company with a trend analysis for the last three years are illustrated below. The net margin of Colgate-Palmolive in 2012 was 14.47%. A net margin measures the profitability of a company. The debt ratio of the firm was 0.79. This metric measures the solvency of the company. The current ratio shows the ability of a company to pay off its short term debt. Colgate-Palmolive’s current ratio of 1.22 is acceptable due to the fact that is above one. The firm’s working capital was $820 million. Working capital measures the ability of a company of paying its short term debt solely using its current assets. The asset/sales ratio of the firm in 2012 was 81.91%. In 2012 the EPS of the company was $5.19. The return on assets and return on equity of Colgate-Palmolive in 2012 were 17.66% and 103.43% respectively. The table below shows a comparison of five financial ratios of Colgate-Palmolive versus the industry. The net margin of the company is much better than the industry standard which is a desirable outcome. The firm’s debt ratio shows that the company has a bit more debt than the industry standard. The liquidity position of the company as reflected by its current ratio is below the norm. The efficiency ratio of assets/sales reflects that the company is doing better than the industry. Information regarding the market value ratio of the industry was not readily

Friday, February 7, 2020

Environmental Ethics Essay Example | Topics and Well Written Essays - 500 words - 2

Environmental Ethics - Essay Example Additionally, Aristotle observes that ethical living calls for application of wisdom that depends upon the situation at hand rather than the mere application of the set laws. He referred to this kind of as practical wisdom or prudence which is different from the theoretical wisdom(Kamtekar, 2004). On the contrary, Friedrich Nietzsche looks at ethics as untenable phenomenon. Nietzsche argues that ethics is deleterious and can just be relevant in the case of the highest types of human beings (Katsafanas, 2011). This is because ethics requires a high degree of consequentialist perfectionism of good. One thing to note however is that Nietzsche is a not a critic of morality in totality. He for example agrees with the notion of a higher morality that informs the living of higher men both of which he attacks and praises. Nietzsche offers an analysis of the existing values in a way that appeals to some morality of some kind. Nietzsche advocates for similarity of all people, free will and transparency(Katsafanas, 2011). However, Nietzsche argues for the harm of the highest men while advancing the interests of the lowest men. Further, Charles Darwin brings about the concept of evolutionary ethics which has two broad perspectives of normative ethics and descriptive ethics. Regarding descriptive ethics, it consists of biological ethical approaches anchored upon the role of evolution in determining human behaviour and psychology. Darwinism ethics is based on the scientific aspects of ethology, socio-biology and psychology with a focus on explaining and understanding preferences of ethics or choices (Lillehammer, 2010). On the other hand, normative ethics of evolution depicts a more independent attempt to singlehandedly use evolution to justify ethics in a society. Descriptive evolutionary ethics delve on the beliefs and moral attitudes. The ethical underpinnings discussed on this ethical