Recent orders
Walt Disney Company’s leverage ratios
Leverage ratios
The Walt Disney Company’s leverage ratios show a positive trend since the recession, which took place in the 2009 fiscal year. The debt to equity ratio took a 10% dip in 2009 due to the recession, but has increased roughly 5 percentage points since 2009. The 5% growth in the past 4 years is a positive trend since it means that The Walt Disney Company is getting more financial leverage and has a higher percentage of equity. Therefore, The Walt Disney Company is very safe in the debt to equity category. Similarly, the Interest Coverage ratio dipped in 2009 due to the recession, but has nearly doubled since 2009. Currently, Disney has the income to pay off 25 times the amount of interest expense that it incurred this past financial year. This is an excellent sign that The Walt Disney Company has no problems regarding interest payments.
Cash flow ratios
In the last 5 years, the cash flow adequacy numbers for The Walt Disney Company have been on a generally upward trend over the past 5 years. For the most part, cash flows to assets and cash flows to sales have steadily grown in the last 5 years, and have all now surpassed their pre-recession levels. While the cash flow yield has decreased slightly over the last three years, this is not data to worry about. Most of the decline is attributable to Disney paying off a large amount of the costs associated with building more theme parks and paying off payments on new cruise ships. Furthermore, the cash flow yield ratio has remained well above 100%, meaning that the company is generating a lot of income through their operating processes. The cash flow yield is very important for Disney since most of its revenues and income are brought in through the operations of its many resorts and theme parks. The increases of cash flow to sales and cash flows to assets further back up this positive trend, as Disney’s cash flows are totaling to more and more of its revenues and total assets, meaning the company is using its cash at a fast rate to help generate revenues and profits.
EPS
The price/earnings per share ratio is the more definitive measure of The Walt Disney Company’s stock compared to its competitors. The Walt Disney Company has maintained the most consistent growth of the three main competitors. Time Warner suffered non cash impairments due to the necessity to use higher discount rates for customers, which accounted for roughly 2/3 from of the decline in the fair value of their cable franchising rights. New Corporation experienced a similar impairment in 2009 of $113 million of which was attributed to the company’s “ability to hold its investment until recover and the investment’s financial strength and specific prospects.” All things considered, The Walt Disney Company maintains the industry standard with regards to the price/earnings ratio with a more consistent and predictable growth, with decreases in the price/earnings ratios coming only from 2010-2011. Overall, The Walt Disney Company the safest investment of the three.
Letter Written to an Elected or Appointed Official
Letter Written to an Elected or Appointed Official
For this assignment, you will write a letter to an elected official. In approximately three pages, you should take a position, recommend some action, and back it up with the best reasoning you can; don’t just raise the issue or state a concern. Plan actually to send this letter; don’t treat it as simply a classroom exercise.
Choose a public policy issue related to a community health issue, an issue you care about strongly, and one about which you have some information or knowledge. It’s much easier to write with conviction if you really have that conviction; it requires real talent to fake it. On the other hand, you must approach your topic with enough objectivity to understand the opposing point of view and deal with those arguments in a reasoned way.
You should choose a specific recipient, a policy maker who is an appropriate audience for your opinion, such as Senator Warren or Markey, Congresswoman Lori Trahan (3rd Congressional District) or the congressperson in your district, your local state representatives, or the editors of the Sentinel and Enterprise. If you have a specialized issue, we can suggest other appropriate policy makers.
Your conclusion should recommend some action on someone’s part; don’t simply raise the issue and complain about the status quo. Moreover, be sure that the recipient of your letter is someone who has the power to take the action you recommend. Broadly, here are some guidelines: If you want a new law introduced (or if you want to support or oppose currently proposed legislation), write a legislator (Senators Warren or Markey, your local member of Congress, or the chair of the relevant House or Senate committee). The most effective thing the President can do is move public opinion; you should write to the President if you want him to take a public stand on some issue (or if you want him to sign or veto a particular piece of legislation that has passed out of Congress); the President doesn’t officially originate or introduce legislation, and he won’t even have his staff propose legislation for a legislator to introduce except on the biggest public policy issues (like health care or tax reform).
Formatting & Submission Guidelines
Length: Between 700 and 1400 words [if the word limit is far different for an actual comment you plan to submit, please discuss with course faculty]. Include a word count at the end of the document.
Follow letter guidelines provided in useful links
Please do NOT include title pages; include only your name and the date in the document header.
Due Dates:
First submission due 10/21/19: A hard copy of the completed letter is due at the beginning of class.
Failure to submit a copy of your letter will decrease your grade by 10 points each day it is late.
Letters will be reviewed for content, grammar and style, and then returned for revision. 80 pts out of 100
Final submission due 11/18/19: A hard copy of the final version will be due in class with a stamped envelope addressed to the representative. 20 points out of 100.
First Submission Grading Criteria:
Your grade will be based on:
Appropriate selection of a solicitation, agency/audience, and/or topic of your letter -5pts
Clear introduction of the topic and purpose of the letter -5pts
The topic selected is a public health concern related to the core concepts of the course – 10pts
Your supporting arguments are focused and relate to the topic of the letter – 15pts
The letter is persuasive and clearly communicates your message to your audience -15pts
Your letter demonstrates your understanding of the community health topic including use of supporting evidence – 15pts
Your integration of KEY concepts presented in this course with your own ideas and perspectives – 20pts
Grammar and Style – 5pts
Final Submission Grading Criteria:Your grade will be based on:
Revisions made to address faculty feedback related to content, grammar and style of the letter -15pts
A stamped envelope addressed to the intended recipient of the letter -5pts
Letter Written to an Elected or Appointed Official (2)
Letter Written to an Elected or Appointed Official
For this assignment, you will write a letter to an elected official. In approximately three pages, you should take a position, recommend some action, and back it up with the best reasoning you can; don’t just raise the issue or state a concern. Plan actually to send this letter; don’t treat it as simply a classroom exercise.
Choose a public policy issue related to a community health issue, an issue you care about strongly, and one about which you have some information or knowledge. It’s much easier to write with conviction if you really have that conviction; it requires real talent to fake it. On the other hand, you must approach your topic with enough objectivity to understand the opposing point of view and deal with those arguments in a reasoned way.
You should choose a specific recipient, a policy maker who is an appropriate audience for your opinion, such as Senator Warren or Markey, Congresswoman Lori Trahan (3rd Congressional District) or the congressperson in your district, your local state representatives, or the editors of the Sentinel and Enterprise. If you have a specialized issue, we can suggest other appropriate policy makers.
Your conclusion should recommend some action on someone’s part; don’t simply raise the issue and complain about the status quo. Moreover, be sure that the recipient of your letter is someone who has the power to take the action you recommend. Broadly, here are some guidelines: If you want a new law introduced (or if you want to support or oppose currently proposed legislation), write a legislator (Senators Warren or Markey, your local member of Congress, or the chair of the relevant House or Senate committee). The most effective thing the President can do is move public opinion; you should write to the President if you want him to take a public stand on some issue (or if you want him to sign or veto a particular piece of legislation that has passed out of Congress); the President doesn’t officially originate or introduce legislation, and he won’t even have his staff propose legislation for a legislator to introduce except on the biggest public policy issues (like health care or tax reform).
Formatting & Submission Guidelines
Length: Between 700 and 1400 words [if the word limit is far different for an actual comment you plan to submit, please discuss with course faculty]. Include a word count at the end of the document.
Follow letter guidelines provided in useful links
Please do NOT include title pages; include only your name and the date in the document header.
Due Dates:
First submission due 10/21/19: A hard copy of the completed letter is due at the beginning of class.
Failure to submit a copy of your letter will decrease your grade by 10 points each day it is late.
Letters will be reviewed for content, grammar and style, and then returned for revision. 80 pts out of 100
Final submission due 11/18/19: A hard copy of the final version will be due in class with a stamped envelope addressed to the representative. 20 points out of 100.
First Submission Grading Criteria:
Your grade will be based on:
Appropriate selection of a solicitation, agency/audience, and/or topic of your letter -5pts
Clear introduction of the topic and purpose of the letter -5pts
The topic selected is a public health concern related to the core concepts of the course – 10pts
Your supporting arguments are focused and relate to the topic of the letter – 15pts
The letter is persuasive and clearly communicates your message to your audience -15pts
Your letter demonstrates your understanding of the community health topic including use of supporting evidence – 15pts
Your integration of KEY concepts presented in this course with your own ideas and perspectives – 20pts
Grammar and Style – 5pts
Final Submission Grading Criteria:Your grade will be based on:
Revisions made to address faculty feedback related to content, grammar and style of the letter -15pts
A stamped envelope addressed to the intended recipient of the letter -5pts