Financial Statement Analysis - A.G. Barr - Free Essay Example

Sample details Pages: 7 Words: 2023 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? Financial Statement Analysis Student Name Introduction A.G. Barr p.l.c. is based in United Kingdom it maufacture, distribute, and sell soft drinks. Don’t waste time! Our writers will create an original "Financial Statement Analysis A.G. Barr" essay for you Create order A.G. Barr. operates in carbonates and water. Company has a wide range of brandà ¢Ã¢â€š ¬Ã¢â€ž ¢s which includes IRN-BRU, Rubicon, Barr Brands, KA, Strathmore, Simply, Tizer, Dà ¢Ã¢â€š ¬Ã¢â€ž ¢Nà ¢Ã¢â€š ¬Ã¢â€ž ¢B, St. Clementà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Findlays and Abbottà ¢Ã¢â€š ¬Ã¢â€ž ¢s. Company also has some partnership brands which includes Orangina, Rockstar and Snapple. The manufacturing area located in United Kingdom. Findlays Limited, subsidairy of A.G. Barr P.l.c., is engaged in Rubicon Drinks Limted and natural mineral water as well as the manufacture and distribution of soft drinks. Schweppes International Limited is also a franchise partner of A.G. Barr p.l.c in United Kingdom, authorized for manufactures and sells Orangina. It also has collaboration with Rockstar Inc. in the United States to sell and distribution of energy drink, Rockstar brand in Ireland and United Kingdom. The following pie-chart represent market share of soft drinks and low calorie drinks. They strategy have developed in a way to deliever long term growth in value and focusing on core brands and markets, brand portfolio, route to market, partnerships, efficient operations, people development, sustainablity and responsibility. Financial Review The business performance throughout 2013 of A.G. BARR has perform well in U.K soft drinks market especially in second half of the financial year with double digit growth rate. The economic conditions in the core market segments survied difficulties in 2012, as well as the increasing cost of promotion effect margins. A.G.BARR growth rate for volume and revenue increased more rapidly then the market in carbonates ans still segments. The overall growth of softdrinks experienced carbonates growth rate of 3.8% in value but decreases in terms of volume, showed growth of 1.9% with avolume declining 1%. In 2013 A.G. BARR carbonates volume increased by 6.0% and revenue increased by 7.1%. On the other hand stills also performed better with a growt h of 4.3% in revenue and 4.1% in volume. In addition to delievering a growth higher then the market and much of the build program associated with their new production and storage facility at Crossley Road, Milton Keynes. The Milton Keynes site is an important asset for future business developments. Adverse whether condition in 2012 impacted soft drinks category according to Nielsen research, reflects 0.7% decline while to volume grew by approximately 3%. Conumer participation in the carbonates category has remained at high level supported by price-driven promotions across the main brands. Ratios analysis over the last 3 years Profit Margin: According to the financial statements ended January 2013, Company declared a profit after tax of  £ 25.564 million which represent 10.76% of its sales. Current year revenue grew by approximately 7% from prior year and 3.42% on the basis of average growth rate from the last three year. Profit before tax and exceptional item in 2013 in creased by 4.3% but profit margin was slightly reduced in 2013 as compare to 2012, due to higher cost of goods. In 2012, observed as a climate of continued economic uncertainty and increasing cost. Despite these challenges companys profit before tax and exceptional item increased by 6.2% from 2011. In 2011, Profit before tax increased by 13.3% from 2010. In 2011 AG Barr observed 10.4% growth in revenue as compare to 7% in UK soft drink market. Current ratio: measure the financial stability of a company to pay its current liability. According to the financial statement, in 2013 current ratio represent 1.31(in times) thus company has enough to pay its financial obligation. Current ratio in 2012 represent 1.46 (in times) which shows that company financial stability in 2012 is better among 2011 and 2013. Quick ratio: measures the financial stability after deducting inventories and prepaid expense because they cannot be easily converted into cash at fair value. Quick ratio show cle arer picture then current ratio, the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s financial stability in 2012 of having 1.043(in times) as compare to average 0.9 (in times) in the rest of year. Working capital: is defined as the financial ability of a company to pay its short term obligation. Working Capital is an important factor used to measure its financial health. Working Capital Management is the strategy of a company to maintain efficient levels of both asset and liabilities to improve their earnings. It is calculated as current assets minus current liabilities. It involves management of inventories, cash, accounts payable and account receivable. Working capital is required to support the day to day business operation it is treated as life blood for smooth and effective business operations. Working capital in 2013 and 2011 is less as compare to the 2012. In 2012 company has  £ 20.934 millions more than its liabilities. Thus in 2012 company has managed their day to day operations effec tively. Dividend: A.G. Barrà ¢Ã¢â€š ¬Ã¢â€ž ¢s efficient performance through the year enabled them to distribute per share dividend. In 2012 companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s profitability reflected in its dividend, declared  £ 25.96 per share, which is high through the rest of years. Inventory turnover ratio: measures the number of times the company sold its inventory throughout the year. AG Barr have inventory turnover of 6.51(in times) in year 2013 which means that company has 1.84 month of supply of inventory on hand. In 2012 and 2011, company has 2.02 (in times) and 2.05 (in times) months of supply of inventory on hand. ROE ROA: Return on equity in 2013 is greater then return on asset by 12.55% across the year it means that company is utilizing its asset perfectly as well as optimizing its debt effectively. It also shows that management is generating good result from shareholdersà ¢Ã¢â€š ¬Ã¢â€ž ¢ investment. Account receivable turnover: Account receivable shows cr edit policy of a company according to which average time allow to customer to pay their debt. In 2013, 12.64 days took to recover their credit sales. Among the three year, in 2012 company was recovering their sales quickly at the rate of 7.70 days as compare to the rest of years. Operating Risk: can be defined as the more the proportion of fixed cost and lower variable cost is said to be high operating leverage. A ratio which is commonly used to determine the effect of operating leverage at given level on the firmà ¢Ã¢â€š ¬Ã¢â€ž ¢s potential earning is calculated by dividing, % change in EBIT by % change in Sales. Financial Risk: is the use to debt in it is calculated by dividing % change in EPS by % change in EBIT. Financial risk is not dependent on sales because whether a company has high or low sales it has to pay fix interest. By calculating financial leverage of AG BARR it appears that only 1% change in EBIT, Earning per share would change by 0.93. Preparation of fina ncial statement: Financial statements of A.G. BARR p.l.c. have been prepared in accordance with International Financial Reporting Standards (à ¢Ã¢â€š ¬Ã‹Å"IFRSà ¢Ã¢â€š ¬Ã¢â€ž ¢) as adopted by the European Union. They have been prepared under the historical cost accounting rules except for the derivative financial instruments and the assets of the Group pension scheme which are stated at fair value and the liabilities of the Group pension scheme which are valued using the projected unit credit method. FINANCIAL MARKETS AND THEIR IMPACT Financial market is a market where an individual and corporation can trade financial securities, commodities. This table shows classification of market and instrument through which corporations can raise funds. Market Financial Asset Non-marketable Assets National savings certificate Certificate of Deposit Saving Deposit Money Market Treasury bills Commercial Paper Repurchase agreement Euro dollar Bankers acceptance Negotiable certificate of deposit Capital Market Common stock Preferred stock Fixed Income Corporate Bond Municipal Bond Investment Companies Unit Investment Trust Open End Mutual Fund Close End Exchange traded fund Raising funds from equity market may lead the investor to think that the company financial flexibility is weak, and they are unable to get funds from banks or other sources. Stock issue leads to decreased earnings per share. Raising capital from foreign investor involves two main risks which are relevant for foreign investor. They include economic risk and political risk. Economic risk is less in countries with strong and stable economy situation. On the other hand political risk is linked with the economic stability of a country. Political decision and policies plays an important role in an economy. Political risk also called sovereign risk, the ability of a company to pay its foreign financial obligation. Risk is defined as uncertainty. The indication of risk and reward guide the investor that it would have a possibility to loss some or whole of its investment, an investor may experience bullish trend on his investment. Risk and return are directly correlated. The more you tak e risk, the more the likely return is, because investor demands additional return for additional risk. In finance this relationship is known as the security market line. Common stock and corporate bonds are two asset classes. Corporate bond is a debt instrument and common stock is equity. Corporate bonds and, TFCs are issued by a corporation and sold to investors. Government bonds are less risky then corporate bonds. Common stock is riskier then corporate bond because if an organization goes bankrupt, common stock holders get last priority until debt holders and preferred stock holder have received their assets. But common stock holders have the possibility to earn greater or lower return as compare to stable return on corporate bonds. As far as A G BARR, capital structure for the last two years shows that debt weight-age of the total asset was 42.64% and 50.44% in 2012 and 2013 respectively. So the company has raised fund through debt in order to meet the financial need of compa ny. One of the major benefits by using debt financing is tax advantage and borrowing has a fixed return to stock holder. It has positive impact on the firm but because company failed to control its operating expenses, net profit in 2013 is less than 2012. Future Prospects A.G. BARR has observed a healthy performance in a marketplace impacted by the mixture of very poor summer weather conditions and the continuing economic challenges faced by consumer goods companies, especially raw material cost pressures and unpredictable consumer demand. Looking ahead it is doubtful that these challenges will significantly change, however they remain carefully confident that the combination of our established operating model, continued focus on efficiency, building brand equity, sound balance sheet and ability for growth prospect leave them well placed to continue to build on this performance. In the year ahead, they expect some decrease in the pace of input cost inflation which we expect to be at a low single digit level. Current market pricing for PET is down year on year, fruit pulp costs are lower but the cost of sugar remains persistently high Conclusion A.G. BARR has delivered strong financial performance in challenging year markets. Their products continue to respond well to equity investors. They have driven strong growth in revenue and volume and have continued to increase market share across the soft drinks market. Product and supply chain innovation enabled numbers of consumers to their brands. They are further investing in assets, acquiring additional capacity that enables them to grow according to consumer demands and in line with the market pace. Following a challenging 2011, last financial year survived with strong in terms of operational performance. Last year reported growth in products availability and customer service has improved and cost managed effectively. During 2012 the potential merger received overwhelming shareholder support. In 2013, financials reported profit before tax increased to  £ 35.0 million, showed 4.3% increase from the previous years. Earnings per share increased during the year by 10.9%. Their balance sheet measures have improved, showed net assets of  £130.6 million, during the year company also generated free cash flow to the firm of  £ 22.0 million. A.G. BARR p.l.c. group brands, as well as their franchise brand Rock star, showed 8.6% growth. This performance is above as compare to the market reflects that they continued opportunities to develop availability, innovation and distribution among their brands. Their geographical growth rates grew by 4%, and investment except U.K. grew by 12%, showing both important long term growth opportunities and comparably important share from their brands. Reference A.G. BARR p.l.c. Annual report 2013 pages 70 124 https://www.agbarr.co.uk/pdf/Final Results Announcement January 2013.pdf [Accessed: 12th May 2014] A.G. BARR p.l.c. Annual report 2012 pages 62 à ¢Ã¢â€š ¬Ã¢â‚¬Å" 94 https://www.agbarr.co.uk/pdf/Final results announcement January 2012.pdf [Accessed: 12th May 2014]

Bipolar Disorder Is It Treated - 1379 Words

When we hear the word, bipolar disorder we think of â€Å" ticking time bomb,† desperation crying, severe mood swings and a more popular word â€Å"cray cray.† Unfortunately much of what people know or think they may know about bipolar disorder in not at all accurate. It’s very easy to absorb a bipolar disorder misconception, especially when they display extremes behaviors portrayed on TV and in movies. It’s very important to learn and understand facts on. What is Bipolar? What are the Symptoms? How is it treated? Is there a cure for this illness? There are some myths and some truth about this disorder. Bipolar disorder also known in some parts of the world by its older name â€Å"maniacs’ depression.† It’s a mental disorder that is characterized by†¦show more content†¦External environment and psychological factors are believed to be involved and these external factors are called triggers. Some causes of bipolar depression are stress, substance abuse, medication, seasonal change, and sleep deprivation. Bipolar disorders has its highs and lows and sometimes can be simply mis diagnosed as having depression by the patient, relatives, friends, and even physician. It wasn’t that long ago when bipolar disorder was confused with other disorders such as unipolar depression or schizophrenia. Doctors have come along way in fully understanding different moods in this disorder and making an accurate diagnosis. With great understanding of this mental disorder, doctors can now identify the signs and symptom. The symptoms vary widely in their pattern, severity, and frequency. Some people are prone to either mania or depression, while others alternate equally between two episodes. They are four types of mood episodes in bipolar disorders mania, hypomania, depression, and mixed episodes. Each type of bipolar disorder mood episode has a unique set of symptoms. Some of the symptoms are: †¢Talk a mile a minute †¢Heightened energy †¢Sleep very little and hyperactive †¢Very aggressive, lashing out †¢Delusional and start to hear things †¢Obsessive worry, thought, and feeling †¢feeling helpless, hopeless, and worthless †¢Thoughts of death and suicide If you feel or see any of these symptoms in yourself or someone else, please don’t hesitate or

Are Asians higher performing than Caucasians Free Essays

Asian Americans are portrayed in the spotlight of being more successful in both school and the work field than Caucasian Americans. They are raised upon higher standards than children of Caucasian parents and tend to excelled in all aspects of life. With the high expectations placed on them by their parents and peers, Asian Americans tend to be pushed harder to be more prosperous in life. We will write a custom essay sample on Are Asians higher performing than Caucasians or any similar topic only for you Order Now The stereotype of Asians doing better in school, being held to higher standards with their parents, and more success in life, is supported through the evidence of grade point averages and observers of Asian American families. Asian students in high school tend to earn better grades than most Caucasian students. Asian American students try to push themselves in school by taking higher level courses than required by the school. With those harder classes, students of the Asian American race on average spend more time studying and doing homework than students of the Caucasian race. Working in the homework room of an afterschool program, I help children with homework and see what they are working on. Many of the Asian children in the afterschool program have extra homework that they receive from a class they  take at night called Kumon. Kumon is a class that children take to help increase their success in school by learning higher level math and English than what is taught at their public school. Siddha, one of the Asian kindergarteners at the Williams Martial Arts and Fitness after school program takes Kumon classes. He is successfully reading small sentences and doing addition and subtraction problems at the level of a second grader, if not a little bit higher. Children of Asian parents usually have less of a choice when it comes to extracurricular activities and their social life. Asian parents typically make their children spend more time studying and doing schoolwork and do not allow them to spend much time with friends outside of school. Aside from school, most of the extracurricular activities done by Asian Americans are more focus on intelligence and knowledge rather than enjoyment and socializing. Many Asian American children learn to play the piano or violin as supposed to participating in sports such as soccer or basketball. Asian parents tend to instill better morals in their children as supposed to those instilled in Caucasian children. According to the article from USA Today, â€Å"Study: Asian Americans value hard work, family† more Caucasian children are born to unwed woman then Asian American children. The hard work of Asian Americans is typically shown through a more successful and enjoyable life after completing their education. The article from USA Today stated, â€Å"Asians as a whole have a median household income of $66,000 (half make more, half less) compared with the U.S. median of $49,800.† With that being said, Indians (still considered Asian Americans) make the highest median household income based on race at $88,000 per year. These statistics show the success in school results in higher paying jobs after college than people of the Caucasian race. Asian Americans set themselves up for more success in life through their work ethic and doing everything to the best of their abilities and household income is just one example of how they succeed in life more than the average Caucasian American. All of the examples used in explaining the stereotypes of Asians are all connected through good work ethic instilled by their parents. Yes, they tend to get higher grades, but they also are taught to spend more time studying and are put into knowledge enhancing extracurricular activities. All of these combined lead to a happier and overall more successful life because they put in the hard work to get higher up into the career world and continue to work hard to keep their position. How to cite Are Asians higher performing than Caucasians, Papers

Healthcare in USA And Canada for Perspective - myassignmenthelp.com

Question: Discuss about theHealthcare in USA And Canada for Perspective. Answer: The media has the power to shape the opinion and future of the population. However, the media sometimes uses this power negatively to shape the opinion of the population in a negative way. The media of USA and Canada spread the news of crisis in the public healthcare system in both the countries (Coburn). The effect of this news was adverse on the public healthcare system and the private healthcare was benefitted. Socio-economic status in healthcare is determined by the economic status of the patient and the amount of money he spends to attain quality healthcare. Whereas the Social view of healthcare talks about the collective attainment of healthcare. In this model, the society targets to avail the quality healthcare regardless of economic status of every individual (Yim et al.). As the level of healthcare in the under-developed or less-developed countries are below average, they need to apply several healthcare policies for the betterment of their status. Policies like merging the private and public healthcare system, providing free checkups or treatment of life threatening diseases in private hospitals can enhance the situation in those countries as well. These nations can also provide free treatment to the population having low socio economic status. This way, they will be able to improve the healthcare system from the lower most level. Powerful private sector of any stream has the ability to shape the future of others, associated with it. However, association of public sector is completely based on the grants provided by the government. Hence, the media chooses the private sector to shape their future and shows biased reporting in their favor. There are several instances in the world, where it is quite evident that the socio economic status is not required to attain better healthcare. A materialist political economical approach is better than alternate theoretical perspective that help the lower level of population to avail the equal opportunities for quality healthcare. This alternate view will help those people in these developed states, who are suffering from material and social deprivations (Coburn). References Coburn, David. "Health and health care: a political economy perspective."Staying alive: Critical perspectives on health, illness, and health care vol. 2 (2010): 65-91. Yim, Jun, et al. "Contribution of income-related inequality and healthcare utilisation to survival in cancers of the lung, liver, stomach and colon."J Epidemiol Community Healthvol. 66. no. 1 (2012): 37-40.

I Received An 78% In A Third Year Public Finance Course For This Paper

I received an 78% in a third year Public Finance Course for this paper. Criticisms were that I did not detail why private enterprise does not work. Also that a couple of paragraphs were too long. I am a third year Bachelor of Science student majoring in Economics. EVALUATING NORTH AMERICAN HEALTH SYSTEMS INTRODUCTION Compensating the affairs of economic efficiency with the demands of sociopolitical rights is a constant source of tension in Canada and the United States alike. In no other element is this tension more apparent than in the group of complex markets we call the health care system. Canadians have been fortunate enough to receive a universal health care system for nearly forty years. This is a single-payer system funded by the governments, both provincial and federal, but at what costs? Is health care not unlike any other commodity, or is it the privilege of every citizen? Health care has elements of common economic behavior, however, there are also certain social values a ssociated with it. It is this struggle of defining what health care is that causes such anxiety among economists. The Canadian health care system is slowly crippling the economy, and reforms must be devised to preserve the pride of Canada; our health care system itself. The pluralistic health care scheme of the United States, as well, has serious socioeconomic implications, and American policy makers are looking toward the model of the Canadian system for answers. Both the United States and Canada must reform health care policy, but to what extent? Obviously these questions cannot necessarily yield clear, concise answers, however they will provide insight into analyzing the current and proposed systems of health care. Certainly if Canada is to maintain a high standard of care it must adopt an economically efficient, revenue generating system. Moreover the United States must adopt the single-payer system of Canada while still retaining a strong revenue base. This paper will discuss the strengths and shortcomings of the Canadian health care system, and how health care is a sociopolitical enigma. Furthermore, how the single-payer system is the only realistic response to the growing inadequacies within the American socioeconomic status. CANADIAN HEALTH CARE STRUCTURE Serving as a general background in its appraisal, it is necessary to outline the history and the ambient factors of the Canada health care that is so sought after by the United States. The Canadian health-insurance program, called Medicare, is administered by provincial governments and regulated and partly financed by the national government. Medicare pays basic medical and hospital bills for all Canadians, where the governments determine the criterion of basic care, to insure and maintain a standard level of service. As early as 1919, Canada's Liberal party promised national health insurance, but the first real step was taken in Saskatchewan, where in 1947 province wide hospital insurance was introd uced. A national hospital-insurance act followed in 1958, and by 1960, 99% of Canadians were covered by government run hospital insurance. Saskatchewan was again the first in 1961 to introduce medical-care insurance which covered doctors' services as well. However, this was not an easy transformation. In 1962 when the medical insurance act was implemented, the doctors of Saskatchewan went on strike. As a part of the settlement the government agreed to a modified plan that addressed some of the doctors' grievances. Despite the opposition from provinces, doctors and insurance companies, national Medicare legislation was in place by 1967, and today health care is a constitutional right. The arrangement reached by all provinces by 1972 was that the federal government paid half the cost of the provincial plans, provided the plans met five principles: accessibility, universality of coverage, portability from province to province, comprehensiveness of service, and government administrati on. Under the system the health care provider bills the provincial plan directly. The Canadian Health Act, effective in 1984, clarified the national standards and may penalize provinces that allow doctors to bill for more than the Medicare rate. The Canadian provinces spend a third of their budgets on health and hospitals. High-tech medicine and an aging population have caused Canada's medical costs to rise significantly over the past decade. Increasingly, governments attempt to control costs by promoting personal fitness, cutting back the

Cómo identificar un billete de dólar falso

Cà ³mo identificar un billete de dà ³lar falso Pagar con un billete de dà ³lar falso es un delito federal y, cualquier persona extranjera condenada por ese delito podrà ­a perder toda posibilidad de ingresar o  emigrar a Estados Unidos porque  es una de las causas de inadmisibilidad, desde el punto de vista migratorio. En Estados Unidos,  turistas u otras personas con visas no inmigrantes asà ­ como los  nuevos inmigrantes se sorprenden cuando en los comercios y almacenes los empleados comprueban si el billete con el que se paga es falso. Es una prctica habitual que no debe molestar. La razà ³n es que se estima que son falsos 100 de cada un millà ³n de billetes de dà ³lar en circulacià ³n, frente a 10 de cada millà ³n de francos suizos.    ¿Cul es el billete de dà ³lar que se falsifica ms frecuentemente? Aunque dentro de Estados Unidos el billete falsificado ms comà ºn es el de $20, a nivel mundial es el de $100, siendo notoriamente famosos los producidos por el gobierno de Corea del Norte que, debido a su alta calidad, pueden pasar fcilmente como si fueran autà ©nticos cuando se les compara con los modelos antiguos de esos billetes. Precisamente para dificultar la produccià ³n ilegal de billetes de $100, el gobierno de los Estados Unidos  comenzà ³, en otoà ±o de 2013,   a poner en circulacià ³n billetes de esa denominacià ³n que son prcticamente imposibles de falsificar. Las caracterà ­sticas de los billetes de $100, cuyo costo de produccià ³n es superior al de su denominacià ³n, son las siguientes:   Lazo azul tridimensional de seguridad.La frase ONE HUNDRED USA aparece inscrita en letra muy pequeà ±a en el tintero y en la marca de agua est inscrito USA 100.La frase The United States of America aparece en letras diminutas en el cuello de Benjamin Franklin.La cifra 100 en grande cambia de color cuando se inclina el billete.La Campana de la Libertad que est dentro del tintero cambia de color segà ºn se incline el billete.Las imgenes alternas de campanas y del nà ºmero 100 cambian de color, segà ºn el ngulo con el que se incline el billete.La tira a la izquierda de la cara de Benjamin Franklin sà ³lo es visible si el billete se pone bajo un foco de luz.Grabado tipo entalladura que le da al billete una textura especial. 10 tips para identificar los billetes de dà ³lar falsos Se puede aprender a identifica los billetes de dà ³lar falsos de todo tipo de denominacià ³n siguiendo las siguientes tips simples y sencillas. 1. Hilo de seguridad Es posible verlo al levantar el billete y observarlo a contraluz. Se ver un hilo que atraviesa el billete de arriba a abajo. En realidad, es un trozo de polià ©ster incrustado en el billete que contiene la denominacià ³n del billete -de cunto es- en letras muy pequeà ±itas. Este hilo de seguridad se ve tanto si se mira al billete por el lado en el que aparece el retrato (anverso) como desde el reverso. Si se pone debajo de luz ultravioleta, el hilo se ilumina con un color fluorescente, uno distinto para cada uno de los distintos valores que pueden tener los billetes de dà ³lar americano. Si se pone debajo de una lmpara con luz negra, tambià ©n se puede comprobar que aparece el color correspondiente a la denominacià ³n del billete. Sin embargo, los billetes de $1 y $2 no tienen este hilo de seguridad. 2. Cambio de color Si se mira el billete por el anverso y se inclina con un pequeà ±o movimiento es posible detectar un cambio de color de los nà ºmeros situados en la parte inferior de la derecha en la que se expresa de cunto valor es el billete. Si se trata de un billete que se imprimià ³ recientemente, el cambio se ve mucho mejor que en otros que son ms antiguos. Tampoco tienen esta medida de seguridad  los billetes de $1 y $2. 3. Marca de agua Cuando se levanta el billete y se pone a contraluz, se puede observar una imagen similar a la del anverso y que no est bien definida.   Forma parte del papel y sà ³lo se ve asà ­. Los billetes de $1 y $2 no tienen, por ahora, marca de agua. Todos los dems, sà ­. 4. Tacto Las fà ³rmulas del papel en el que se imprimen los billetes y la tinta que se utiliza son secretas. Se sabe que est conformado en un 75 por ciento por algodà ³n y un 25 por ciento es lino, pero poco ms. Cuando los billetes entran en circulacià ³n el papel se desgasta de un modo muy particular de tal modo que las personas muy acostumbradas a tener en sus manos billetes -como dependientes de almacenes, taxistas, empleados de bancos, etc.- detectan rpidamente los billetes falsos. Carecen del tacto que hace tan peculiar al dà ³lar verdadero. 5. Fibra roja y azul Es posible detectar diminutas fibras rojas y azules por todo el billete y que forman parte del papel. En los dà ³lares falsos se puede apreciar que, o bien faltan, o bien estn impresas. Es decir, no son parte intrà ­nseca del papel. 6. Coincidencia de las cantidades Una de las formas clsicas de falsificar un billete es pegar muy bien y profesionalmente un nà ºmero en las esquinas donde aparece el valor del billete. Por ejemplo, aà ±adir un cero a un billete de $5 y asà ­ obtener uno de $50. Es recomendable comprobar siempre que la cantidad en nà ºmero corresponde con la que se especifica en letra en el anverso y reverso del billete y que la cantidad que dice en nà ºmero corresponde con la correcta del retrato. Estas son: $1: George Washington (retrato pequeà ±o). El 45 por ciento de los billetes que se imprimen son de esta denominacià ³n. Son los ms usados y estn en circulacià ³n una media de menos de 6 aà ±os.$2: Thomas Jefferson (retrato pequeà ±o). Son raros, sà ­ que existen$5: Abraham Lincoln. El color de fondo es violeta (pà ºrpura). Retrato grande.$10: Alexander Hamilton. El color de fondo es naranja. Retrato grande.$20: Andrew Jackson. Fondo de color verde y retrato grande.$50: Ulysses S. Grant. Fondo rosa y retrato grande.$100: Benjamin Franklin. Retrato grande, fondo de color. Es el segundo billete con mayor cantidad de unidades en circulacià ³n, despuà ©s del de $1.   Est previsto que en el aà ±o 2020 se presentarn pà ºblicamente billetes con figuras de mujeres, como por ejemplo Harriet Tubman en los de $20, pero tardarn todavà ­a varios aà ±os en estar en circulacià ³n, porque se tarda mucho tiempo en desarrollar billetes nuevos con todas los requisitos de seguridad. Adems, Steven Mnuchin, secretario del Tesoro en el gobierno de Donald Trump, ha expresado sus dudas a la hora de  cambiar la figura de Andrew Jackson con la de Tubman, una mujer negra que nacià ³ esclava y se convirtià ³ en una figura abolicionista clave en el siglo XIX. 7. Nà ºmeros de serie Es recomendable verificar que todos tengan el mismo estilo y que la distancia entre un nà ºmero y otro es siempre la misma. Adems, el color de los nà ºmeros de serie debe ser exacto, incluido el matiz, que el del sello del departamento del Tesoro. 8. Sellos de la Reserva Federal y del Departamento de Tesoro Los dientes de sierra de los sellos de la Reserva Federal y del departamento del Tesoro deben ser claros y no tener ninguno roto. 9. Comparacià ³n con otro billete Si se tiene duda  sobre si un billete es genuino, es recomendable compararlo con otro de igual valor y, a poder ser, de la misma serie, y que se ha obtenido de un banco. Al ponerlos juntos generalmente se ve fcilmente la diferencia si uno de ellos es falso. 10. Otras formas de detectar billetes de dà ³lar falso Se puede comprar un lpiz detector de billetes falsos (counterfeit detection pens) en cualquier librerà ­a grande o tienda de artà ­culos de oficina. Sirven para detectar si el papel es falso. Al pintar una là ­nea sobre el billete y si torna color oro, entonces es verdadero. Si, en cambio, es marrà ³n oscura o gris, el billete es falso. Otras caracterà ­sticas del dà ³lar americano a tener en cuenta Cada billete pesa 1 gramo y todos los billetes tienen el mismo tamaà ±o: 16 pulgadas cuadradas.El Departamento del Tesoro reintegra billetes de dà ³lar a las personas que le entregan billetes rotos, siempre y cuanto tengan la mitad del mismo, como mà ­nimo.El 94 por ciento de los billetes est contaminado con algà ºn tipo de bacteria, la mayorà ­a no peligrosa, y el 90  por ciento contiene restos de cocaà ­na.Desde 1865 el Servicio Secreto es el encargado de proteger al dà ³lar y perseguir los billetes falsos y a quià ©nes los fabrican o utilizan. En aquel momento, justo al acabar la Guerra Civil (Secesià ³n), se calculaba que 1 de cada 3 billetes de dà ³lar en circulacià ³n eran falsos. A tener en cuenta si se tiene un documento falso En los billetes nuevos de $5, $10, $20 y $50 aparece la constelacià ³n Eurion, al igual que en otras divisas. Puede ser reconocida por los programas informticos y su objetivo es impedir que se reproduzcan billetes utilizando fotocopiadoras a color. En el caso de estar en posesià ³n de un billete falso adquirido involuntariamente, es  buena prctica contactar con el Servicio Secreto, ya que es quien se ocupa de este tipo de asuntos, aunque si se est en los Estados unidos en situacià ³n de indocumentado, antes de contactar a las autoridades es aconsejable asesorarse con un abogado. Por otro lado, pagar con un billete de dà ³lar falso es un delito federal, lo que se conoce en inglà ©s como una felony. La condena por un delito es causa para cancelar la visa o para que negar su renovacià ³n. Incluso es causa para que nieguen una visa de inmigrante o un ajuste de estatus para obtener la tarjeta de residencia permanente, conocida como green card. Consejos para turistas extranjeros en Estados Unidos Para evitar problemas, adems de no pagar con billetes falsos, se recomienda tener claro con  quà ©Ã‚  frecuencia se puede volver a ingresar a EEUU como turista  para evitar que las autoridades cancelen o revoquen la visa de turista. Adems, teniendo en cuenta lo caro que puede resultar obtener tratamiento mà ©dico, es muy recomendable saber cà ³mo  comprar seguro mà ©dico antes de viajar a Estados Unidos, teniendo en cuenta que si por una emergencia mà ©dica se causa un gasto a Medicaid, se considerarà ­a a esa persona  una carga pà ºblica para los Estados Unidos y podrà ­a ser una causa para negar o cancelar la visa.   Este es un artà ­culo informativo. No es asesorà ­a legal.

Kilmer Ecological Preserve Lab Report Example | Topics and Well Written Essays - 1500 words

Kilmer Ecological Preserve - Lab Report Example The annual species include the peppergrass, oxtail grass, and ragweed. Perennial species, on the other hand, include the common cinquefoil, milkweed, strawberry, and plantain. A close examination shows that all species growth close to the ground surface to avoid wind and maximize the surface area of sunlight. The ‘power-line cut’ reflects a region that would be suitable for power lines to pass through due to the size of the vegetation. This region is inhabited with shrubs, perennial herbs and grasses. It can be classified as a second stage of the second succession due to the size and nature of vegetation (Mongillo 2004). There are various dispersal mechanisms depending on individual seeds. Wind dispersion is effective for the maple and goldenrod species. Animal dispersion is through birds that carry the cedar, sumac and oak species. The seeds are later able to colonize new habitats after factors such as weather and tragedies such as fire. It is part of the 1929 field providing shelter to the perennial grasses (Kilmer Ecological Preserve). It represents the second succession stage but at an earlier stage due to the new vegetation. Secondary disturbances such as fire have led to the growth of resistant herbs and other perennial plants. The poison ivy is also common in the area due to its resistance qualities. This area represents a later stage of success. There is the presence of young woodlands where tree species are getting to a larger size. Close assessment also reveals that other species of shrubs have been shaded out due to increasing in competitions for the available resources. The grown woodlands have led to the creation of little canopies that prevent growth of other shrubs despite the poison ivy. Maple trees that are part of a secondary succession inhabit the area. The tour reveals that they grow at the same time due to disturbances such as fire that is common. They also