...Assignment 1: Financial Analysis of John Deere David Schwendinger Strayer University Financial Accounting for Managers Acc 556 Dr. James Turkvant May 11, 2015 Assignment 1: Financial Analysis of John Deere In this paper I will provide analysis of the annual report provided by the company. I will specifically looking at this report from an investor’s prospective, attempting to ascertain whether John Deere is managing its finances in manner that will draw investors. Other, non-financial, aspects of John Deere will also be considered that could be used as decision points for potential backers. This will also be considered in the larger context of the construction and farm machinery industry and some of John Deere’s competitors. The first aspect of John Deere to be considered is its liquidity. The company has just over $45 Billion dollars in current assets and a little more than $20 Billion dollars in current liabilities. (Deere & Company, 2014, p. 32) This leaves John Deere with working capitol just shy of $25 Billion dollars and a current ratio of 2.2. It is very liquid could easily meet its current obligations. The industry average is only 1.7. ("JD Financials Summary," 2015, Financial Strength 2) I would expect that the company would have no trouble getting additional financing should it require it. The key thing that someone is interested in when considering a company for an investment is whether it is profitable or not. John Deere’s return on assets ratio...
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...Western Governors University Marketing C212 Ruby Wilburn 3/31/2015 A1. New Products and Services The organization that I have chosen to propose two new products or services will be John Deere and the country I will focus my responses on is Cuba. In 1960, a trade embargo was imposed on Cuba by the United States, but on December 2014, the current United States President stated that he plans on lifting the trade embargo. Though an exact date has not been given “the initial surge of excitement among U.S. businesses after December 17 was palpable: Finally, an opportunity to enter a largely unexploited market, forbidden for half a century” ("Let's Make a Deal: Doing Business in Cuba," n.d.) This opportunity will allow John Deere to offer products such as their heavy farming equipment. The two products I have chosen that will be new to their market is heavy duty compact tractors and seeding/planting tractors. “John Deere tractors would enable local farmers to raise more crops many farmers work their fields with teams of oxen, and Cuba imports two-thirds of its food” (Cuban market could be boon to U.S. businesses. (n.d.)) A1.a Method The target market for the products are the farmers of the urban and organic farms in Cuba. The three different methods that will help me determine that there is both a need as well as an existing market include, focus groups, the internet search engines such as Google, and government sources. Since the web/the...
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...Case Study of John Deere Contents OVERVIEW OF JOHN DEERE 3 A. PRODUCTS 3 B. MARKET CONDITIONS 4 C. COMPETITIVE LANDSCAPE 6 II. 2012 FINANCIAL STATEMENT ANALYSIS 7 A. REVIEW OF INCOME STATEMENT AND BALANCE SHEET 7 B. REVIEW OF KEY FINANCIAL RATIOS 11 C. REVIEW OF FINANCING ACTIVITIES 16 D. RECOMMENDATIONS – Business Performance Improvement 19 E. RECOMMENDATIONS – Buy/Sell/Hold Strategy 20 III. APPENDIX 21 IV. EXHIBIT 2 - ACCOUNTING POLICIES 22 V. Bibliography 24 VI. DEERE & COMPANY – 2012 10K financial statements 25 A. CONSOLIDATED INCOME STATEMENT 25 B. CONSOLIDATED BALANCE SHEET 26 C. CONSOLIDATED STATEMENT OF CASH FLOWS 27 * OVERVIEW OF JOHN DEERE PRODUCTS John Deere & Company is a publicly traded company headquartered in Moline, IL. The company’s roots trace back into the 1800’s when John Deere began with an idea to assist farmers and would forever change the agricultural industry. Today with over 66,000 employees and a corporate family that has nearly 650 companies’ worldwide, Deere ranks number 85 on Forbes list of top 1,000 companies. With over $56 billion in assets and a market value that tops $31 billion, Deere’s financial position is very strong. We will present a detailed analysis of the firm to see how it stacks up against the Caterpillar, the market leader. We will exam key financial ratios and finally give a recommendation on whether the stock is a buy, sell or hold. Deere operates its business...
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...Research on Contemporary OD Practitioner Tools Donald Austin Gilbreath Brandman University 4/26/2015 Abstract The goal of this paper is to explore the various ways in which to integrate contemporary organization development (OD) practices and interventions within organizational settings. The following literature research review includes a broad overview of the OD contemporary change methodologies, an in-depth perspective of related OD to change, and an applicable example of a specific organization. Keywords: organizational development, contemporary tools, change Organizational Development & Practitioner Tools The topic of organization development (OD) focuses on the effective implementation of change within an organization and is often broken down into two primary change methodologies of either classic or contemporary change intervention. The following article seeks to provide a broad overview of the OD change methodologies, an in-depth perspective in change initiatives of OD consultants and an actual applicable example of these OD practitioner tools used in real life. “Organization development has emerged to allow the voice of all organizational members to be heard and all organizational talent to be captured” (Jackson, 2006, p. 216). The field has many challenges in addressing both the human and the organizational sides of change initiatives in an attempt to get everyone on board in embracing change. Overview When organizations are resistant to necessary...
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...The Search for an Ecology Paper Topic In the search for a paper topic that relates to Ecology, many possibilities emerged, including, of course, the popular Global Warming and Tropical Rainforest topics, but I wanted something different. Soon it was obvious there is confusion as to what Ecology really is. As our text, “Biology: A Guide to the Natural World,” points out, we should assume that many ecologists are environmentalists, but these are two very different professions. Enter “ecology” in the Google search engine, 739,000 topics related to ecology will appear! Clicking on many of these links will direct you to a Website featuring some “environmental” or “conservation” topic, not an “Ecology” topic. Many people assume that ecology and environmental conservation are one in the same and many of the Websites confirm this assumption. Ecology.com combines both ecological and environmental news and articles which only adds to the confusion; one would think a Website with this title would be an “official” Website featuring only factual information; not so, just as many other “official” sounding titles are not “official” websites! In fact, there are many college educated people, my son for example, with this same mind set. The confusion can be blamed on the media hype over the environmental movement. Not many years ago “go green” brought images of tractors, farm equipment, lawn mowers and the words “John Deere,” but today “go green” has a whole new meaning. It seems the word “green...
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...Work Contracted for the H2O Corporation Table of Contents Background & Introduction Outline and Review of HRIS Systems Explanation of Manpower and Technology Needed to Operate HRIS Assessment of the importance of the HRIS function within an organization Metrics HRIS system can produce for the organization Best practices of 5-10 US organizations Key action items for H20 implementation of effective HRIS system Overview of Staffing Methods Cost per Hire Staffing and Training Requirements Consideration of Recruitment/Time to Fill Vacancies Unique/Best practices for Staffing Review of Training and Development-Strategic Alignment Cost Analysis of Training Program – In house vs. Consultant Best Practices for Training and Development Recommended Training and Development Programs Overview HR Functions- Outsourced Benefits/ Cost Savings of Outsourcing Best Practices- Outsourcing Key Actions and Recommendations- Outsourcing Overview of Performance Management Philosophies Analysis of Best Practices – Theory Analysis of Best Practices- Applied Table of Contents (Con’t.) Recommendation PM Program HR Budgets- Components/ Elements Cost Reduction Strategies Budget Cut Recommendations Summary of HR Department Budgeting Challenges Recent Practices from 3-5 US organizations Review of Typical US Rewards Programs. Analysis of Best Practices for Compensation, Benefits, and Perks Consideration of US Taxation...
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...must be fully uploaded by the deadline date and time. * You must submit one single PDF or MS Office Word document. Any relevant images or screenshots must be included within the same MS Office Word or PDF document. * The last version you upload will be the one that is marked. Your paper will be marked if you have indicated this as your final submission. * Review the mitigating circumstances policy for information relating to extensions. * The file size must not exceed 20MB. * Answer the criteria in order, clearly indicating the pass criteria number. * Ensure that all work has been proof-read and checked prior to submission. * Ensure that the layout of your documents are in a professional format with font style Arial, font size 12 for the text, font 14 for sub heading and font 16 for main heading, line spacing 1.5 and justified. * Use the Harvard referencing system; otherwise it will be considered as plagiarised work. * Ensure that you back-up your work regularly and apply version control to your documents. * Ensure that any file you upload is virus-free, not corrupted and not protected by a password otherwise it will be treated as a non-submission. * You must NOT submit a paper copy or email of this assessment to any member of staff at LSST. * Your work must be original with the appropriate referencing | Learner declaration | I...
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...Growth in Indian Automobile sector Submitted to: Prof. V P Sharma Submitted by: Mansi Pancholi ( 12 SDP 719 ) Date: 31/07/2012 Introduction: Looking at the economy of India, India is the Largest Democracy in the world with 1.2 billion people. It is 4th largest GDP (PPP) and 11th largest GDP (Nominal). India is 2nd fastest growing economy (Estimate 2011-12 – 9%) with India’s average growth rate 7.3% over past 10 years and expected to outpace China in next decade. India is 3rd largest investor base in the World. If we look at the demographics of People of India, It consists of 50 % under 25 years & 65% under 35 years. India also having the 2nd largest pool of certified professionals and highest number of qualified engineers in the world. If we look at sector wise distribution, India is having Services (52%), Manufacturing (27%) and Agricultural (21%) shares. Average Real GDP growth in last 5 year was 8.5% with GDP Per Capita at US $ 1018 and a projected GDP growth in 2011-12 is 9.0%. The Automotive Sector in India is one of the largest in the world and one of the fastest growing globally. It was 1897 when the first car rolled out on Indian roads. Until 1930 cars were imported from other countries. First Indian Automotive Company starts with Mahindra & Mahindra in 1940 when it was established by two brothers as a trading company in 1945, and begun assembly of Jeep CJ-3A utility vehicles under license from Willys. However, the growth was relatively slow in the 1950s...
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...E TENSION AZ1535 ARIZONA COOP E R AT I V E December, 2010 Things to Know About Applying Precision Agriculture Technologies in Arizona Pedro Andrade-Sanchez and John T. Heun Precision Agriculture (PA) technologies can enhance the productivity of irrigated agriculture in Arizona. This guide is intended to aid growers in selecting the right technology when considering the need to acquire new, or upgrade existing equipment. It is expected that growers will adopt new technology only when it solves a problem in an economical way, therefore consultation with your local machinery dealer is a key step in being informed on issues such as cost, service, infrastructure requirements, and compatibility between components, systems, brands, etc. Use of Mechanized Technology and Farm Management Technological innovation in U.S agriculture has been the basis for the outstanding gains in productivity that have been achieved (Fuglie et al., 2007). In the area of energy use, significant progress was made after the transition from animal drawn implements to mechanized operations. By 1945, the use of tractors was preferred due to its versatility (Culpin, 1992). Early in this transition power units used gasoline engines, but by now, tractors and self-propelled agricultural machines make use almost exclusively of diesel engines due to their extended durability and continuous power delivery characteristics. Seeking higher levels of field capacity, modern U.S. agriculture has experienced...
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...TextRESORT HOTEL AND GOLF COURSE MARKET ANALYSIS AND PRELIMINARY VALUE ESTIMATE COUGAR CANYON TRINIDAD, COLORADO PREPARED FOR: COLARELLI INTERNATIONAL RESORTS AND LIVING, LLC Economic & Market Research / Land & Development Planning Landscape Architecture / Community Planning & Design Golf Feasibility Analysis FINE RESORT HOTEL AND GOLF COURSE MARKET ANALYSIS AND PRELIMINARY VALUE ESTIMATE COUGAR CANYON TRINIDAD, COLORADO PREPARED FOR: COLARELLI INTERNATIONAL RESORTS AND FINE LIVING, LLC January 16, 2012 PREPARED BY: Economic & Market Research / Land & Development Planning Landscape Architecture / Community Planning & Design Golf Feasibility Analysis TABLE OF CONTENTS Page Executive Summary ............................................................................................................. i I. Introduction ............................................................................................................ 1 II. Cougar Canyon Site Description ................................................................................ 4 III. Hotel Market Analysis A. B. C. D. IV. National and Regional Trends ....................................................................... 26 Tourism and Visitation 1. General Visitation Trends. ........................................................................ 28 2. Visitor Expenditures. .......................................................................
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...Company History - Larsen and Toubro | 1946 - On 7th February, the Company was incorporated. Larsen & Toubro carries on business as civil mechanical electrical chemical & Agricultural engineers as manufacturers as importers & exporters & as contractors. The Company represents a large number of overseas manufactures, notably manufacturers of tractors, agricultural machinery, dairy machinery, film cooling towers and general industrial and engineering plants and coal mining machinery. 1969 - With effect from 1st Oct., Alu Capsules Ltd & India, Crown Cork, Co. Ltd, both wholly owned subsidiaries were amalgamated with the company. And a new division was formed like Bottle Closure Division. 1975 - During the year, the company commissioned a plant at Bangalore for the manufacture of multipurpose hydraulic excavators and high pressure hydraulic system in collaboration with Poclain, S.A. France. 1977 - During the year Faridabad Factory become operative and commenced the manufacture of switchboards. 1979 - With effect from 1st April, Wilcox Buckwell India, Ltd another subsidiary, was merged with the company. ...
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...Criteria of a Good Mission Statement Changing the mission or creating an organization’s first mission statement is a process of gathering ideas and suggestions for the mission and honing them into a short, sharply focused phrase that meets specific criteria. An effective mission statement clearly defines who the customer is and what services and products the business intends to provide. It also serves as a guide for day-to-day operations and as the foundation for future decision-making. The following are criteria for a good mission statement: The Mission Statement is Focuses on Satisfying Customer Needs A mission statement should focused on satisfying customer needs rather than being focused on the product. Products and technologies eventually become outdated, but basic market needs may last forever. A market-oriented mission statement defines the business in terms of satisfying basic customer needs. For examples refer to the following “Market-Oriented Business Definitions” table. (Kotler p.49) The Mission Statement Tells “Who” Our Customers are. (Thompson Strickland, p.30) Who is being satisfied? A company should define the type of customers it wishes to serve. Which customer groups it is targeting. Customer groups are relevant because they indicate the market to be served, the geographic domain to be covered, and the types of buyers the firm is going after. The Mission Statement Explains “What” Customer Needs Our Company is Trying to Satisfy. What customer needs is the...
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...656-0187 Fax 1 802 656-8405 Email sseguino@zoo.uvm.edu July 2008 Acknowledgements: I am grateful for helpful comments and insights from Rhoda Reddock, Christine Barrow, Caren Grown, three anonymous referees, and participants at the Building Capacity for Gender Analysis in Policy Making, Programme Development, and Implementation: Research Seminar and Workshop, University of West Indies, Barbados, November 2007. Micro-Macro Linkages Between Gender, Development, and Growth: Implications for the Caribbean Region Abstract Over the last two decades, scholars have investigated the two-way relationship between gender inequality on the one hand, and economic development and growth on the other. Research in this area offers new ways to address the economic stagnation and crisis developing countries have experienced over the last two decades. This paper contributes to that literature, exploring the channels by which gender inequality affects, and in important ways, constrains economic development and growth in the Caribbean region. It further explores the endogeneity of gender inequality to the macroeconomic policy environment. The paper concludes with a discussion of economic policies that can promote a win-win outcome—greater gender equality and economic development and growth. Key Words: gender, inequality, development, household economics, macroeconomic policy, Caribbean. 1 Micro-Macro Linkages Between Gender, Development, and Growth: Implications for...
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...central Wisconsin. Instilled with the belief that hard work and determination were the keys to success, I left home at seventeen and went to work with a construction company erecting silos. When the construction season was over I signed on as a station helper for the Soo Line Railroad. Over the course of the next four decades I worked my up through the ranks to Vice-President of Transportation at Minneapolis, MN I also married and raised a family of five children After my retirement, I returned to the place of my origin, now sharing time with my 104 year old mother and enjoying the closeness of my brothers and sisters. Life was always interesting and sometimes exciting. Now at the age of eighty-four, I enjoy putting some of my thoughts on paper and hope you will, too. Other books I have written are: Grandpa Cliff Remembers Grandpa Cliff’s Verses Grandpa Cliff’s Tales Cliff Leary Love, Money & Murder Bob Nason sat on the old handmade lawn chair basking in the noonday sun at the south side of the cabin. He and his father Will had just finished a fine lunch of fresh blue gills they had caught that morning. A slight zephyr out of the west moved the tops of the tall pines at the south end of the small clearing surrounding the cabin. Bob watched as a deer moved quietly through the undergrowth then stopped and eyed him suspiciously with its’ ears open full forward so the slightest sound could be heard. Bob’s thoughts were of the many wonderful days he had enjoyed...
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...The Non-Obvious Problem: How the Indeterminate Nonobviousness Standard Produces Excessive Patent Grants Gregory Mandel∗ The dominant current perception in patent law is that the core requirement of nonobviousness is applied too leniently, resulting in a proliferation of patents on trivial inventions that actually retard technological innovation in the long run. This Article reveals that the common wisdom is only half correct. The nonobviousness standard is not too low, but both too high and too low. It is indeterminate. Three principal factors produce nonobviousness indeterminacy: a failure to identify the quantum of innovation necessary to satisfy the standard, a failure to define the baseline level of ordinary skill against which to measure an innovation, and the epistemic infeasibility of requiring a technologically lay decision maker to judge from the perspective of a more highly trained and educated person of ordinary skill in the art. This Article introduces a mathematical model of innovation and patenting to analyze the effects of nonobviousness indeterminacy. Based on the model, indeterminacy in nonobviousness decisions has several unexpected consequences. First, indeterminacy results in an excessive total number of patent grants, and in many patent grants on obvious inventions. Second, indeterminacy leads to too many patent applications on obvious inventions and too few applications on non-obvious inventions. ∗ Professor of Law, Temple University — Beasley School of...
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