Financial Management Principles (Dell inc.) Essay

Financial Management Principles (Dell inc.) - Essay Example Why had Dell made it to the top spot According to writer Abrhm Lustgarten "Dell's peers see it as brilliantly managed brand - but no innovator in raw computing" (Dell Tops Fortune's List, 2005). Though Dell slightly fell down to the 8th position in the 2006 Fortune magazine's America's Most Admired Companies List (Fortune America's Most Admired Companies 2006), still it leads the computer manufacturers in this prestigious list. Thanks to the exemplary entrepreneurial and leadership trait of Michael Dell, Dell, Inc. has maintained its position as the industry leader in computer manufacturing. In terms of its financial status, as illustrated on Table 1 below, Dell is in good shape. In terms of profitability, the industry leader performs extremely well. Having a return on equity (ROE) of 86.5%, Dell enables its investors to yield $.856 in every dollar they invested on its stocks within a year. Together with 15.5% return on asset (ROA) and gross margin that accounts for 18.2% of the entire revenue, the figures under the Profitability Ratios section of the Financial Ratios of the company (Table 1), exhibits the company's efficient cost management.

Legalizing Marijuana in Canada Essay Example | Topics and Well Written Essays - 1250 words

Legalizing Marijuana in Canada - Essay Example One of the bodies that have been vocal on the issue of the use of marijuana in Canada is The Center for Addiction and Mental Health (CAMH). The body earlier this year introduced a new evidence based report for marijuana policy framework with recommendations of strict regulations on controlling the harm associated with the use of marijuana. In 1960s, the laws against marijuana were tough with where an offender found to possess small amounts of marijuana was to be sentenced for six months or a $1000 fine. However, in the recent past, pressure on the parliament to legalize marijuana has amounted with the House of Commons special committee on non-medical drugs releasing a report suggesting the reform of laws on marijuana possession and supply. Even as the issue of whether to legalize marijuana or not is debatable, legal access has been granted to people with HIV/AIDS and other individuals with serious illnesses.   With these deliberations on the policies that has been stipulating on th e control and use of marijuana in Canada, the focal point that has been echoed by different stakeholders articulates on the viability, and applicability of legalizing the drug. Factors to be considered when deciding on whether to legalize it or not are depicted below.      Evans and Berent (1992) argued that legalizing marijuana would lead to more jobs creation.   This would go a long way in growing the economy of the country. In addition, the government will be in a position to earn revenue from the taxes.