GLOBUS ENTERPRISES YEAR END BALANCES Assignment

GLOBUS ENTERPRISES YEAR END BALANCES - Assignment Example $81,200 and it is believed that it should be allotted either in attractive investments or transferred to retained profit account. The current ratio of 2.37 shows that the company has sufficient funds for fulfilling its liabilities and it should consider about decreasing the amount of current assets to a significant level so that there is proper balance between the assets and liabilities of short term period within the organization. This balance between the assets and liabilities would prove to be useful for the business in the long term and allow the organization to gain competitive advantage. The net working capital is an important indicator about the proper allocation of a company’s current assets and it is used to review the financial health of the company for one year. Considering the working capital of Globus Enterprises which is $86,800, it is a clear sign of the organization that it is in effective utilization of the company’s resources. It shows that the company has a positive working capital and has appropriate amount of liquid cash to meet the immediate monetary requirements of the business. Positive working capital for the business is a highly advantageous position for the business. Businesses require capital for expansion and other investments and positive working capital would assist the business in accomplishing such goals. It has to make sure that its working capital ratio is grown in an upward direction in upcoming years so that it does not have to face any sort of financial problem and it can smoothly run its business operations. The figure also ensures that it is able to pay off its current liabilities without any difficulty and it can even bear any expense required for the prepayments with convenience. Globus Enterprises has debt to equity ratio of 1.1 which is a good sign of the company’s internal health. For every organization, the ideal ratio is in between 1-2 and the company’s figure

Critical evaluation of Intercontinental hotel network Essay

Critical evaluation of Intercontinental hotel network - Essay Example Aspects to be considered will include hardware and software, in addition to strategies and policies. Various methods of research will be undertaken regarding the software and hardware. A findings chapter will be included which will talk about shortfalls of the existing system in the hotel. At the end of this investigation, an improvement of the system will be suggested. This project will be based on a critical evaluation of the Intercontinental Hotel Network. It will examine the Information and Communication Technology (ICT) network of the hotel based in Hyde Park, London. Based on the critical evaluation of the network a new and improvised network will be suggested. The 120 staff members of the hotel will be connected to the network. There will be adequate provisions for security of the network. All the computers will be connected to the main server. In addition, the hotel will have the facility to provide wireless Internet service to its guests, who will be able to connect to the Internet from any of the 460 rooms. The recommended network will include teleworking facility for the staff over a secure network environment. All the latest ICT innovations will be incorporated in the design to make the network state-of-the-art and to offer the maximum advantage to the hotel, its customers and its personnel. The upgraded network will utilize cutting edge technologies such as Dynamic Host Configuration Protocol (DHCP), Virtual LAN (VLAN), Virtual Private Network (VPN) and Voice over IP (VoIP) over the network. Security will be assured through the use of fir ewalls, a reliable security and password policy and. enterprise antivirus solutions. This project aims at looking at the existing system in the hotel, critically evaluating it and then recommending possible improvements and changes in the system, based on the latest