Global Warming in Asia Term Paper Example | Topics and Well Written Essays - 2000 words

Global Warming in Asia - Term Paper Example As the research stresses one of the major effects of global warming is the reduction of production in the agricultural sector. Growth of agricultural products in large scale depends on the climatic status of a region. Agricultural products are helpful in the sense that they contribute to trade and help to regulate the supply of food among the Asian countries. During extremely hot climates, the growth of some helpful plants, which may not be favored by warm climatic conditions, is affected negatively. Similarly, during the extremely wet climates, the plants that do well only in warm climatic conditions end up not growing well or even not growing at all. This indicates that climatic change ends up influencing the general agricultural production. The agricultural sector is one of the most important sectors in every nation, including Asia. It is a major source of food, which is a basic need of the citizens. According to the report findings people cannot live without food, and it is the government’s responsibility to take care of such needs of the citizens. Food supply must be kept constant within the nations around Asia. Buying food from the international traders is also very expensive; the reason as to why the agricultural sector in the nation is greatly regarded. Apart from feeding the Asian people, the agricultural sector is also important in the sense that it earns significant revenues for the government. The acts of trade stimulated by the Asian farmers, help in money circulation in the involved nations.

RayOVac Case Study Example | Topics and Well Written Essays - 750 words

RayOVac - Case Study Example However this ratio declines sharply in the year 2001 and even further to the least recorded debt-to-equity ratio of 2.05 in the year 2002. This is the year where the business has the highest stability of all the five years. The business increases its debt sharply in 2003 recording the highest debt-to-equity ratio of 6.65. This is the year when the business is least stable. Reduced debt-to-equity ratio boosts the business a little in 2004. The gearing ratio starts relatively high at 0.86 in the year 2000. The ratio falls to 0.72 in the year 2001 and even further to 0.67 in 2002, coming out as the least recorded gearing ratio of all the five years. This is the year where the business is most stable. The ratio increases sharply in 2003 to record at 0.87, the highest recorded ratio of all the three years. This is the year when the business is least stable (more vulnerable). The ratio declines a little bit in 2004 to record at 0.81 as the business stabilizes a bit. In the year 2005, Rayovac acquired Tetra Holdings of Germany at a cost of $555 million where $50 million was financed through long term debt. The question we may want to deal with at the moment is whether the debt was justified. Performance-wise Tetra Holdings showed some good results with annual sales of $223 million as of the end of 2004. The annual sales were an improvement from the $179 million sales made in 2001, showing that the company growing and its territories expanding and thus justifying the acquisition by Rayovac. Calculation of the Return on Capital Employed (ROCE) may also be used to justify the acquisition as below. The positive ROCE implies that the company will be able to generate returns from its capital base and hence the acquisition is justifiable. A negative ROCE would raise an alarm as this would be an implication that the company is generating losses from its capital base. Following the multiple acquisitions, the company