34 billion = 1.02). The ratio for 2009 was calculated by: dividing $2.851 billion into $1.142 billion ($2.851 billion / $1.142 billion = 2.09). ("Marriot 2009 Annual Report," 2010) The Blackstone Group has a debt ratio for: 2008 of 2.81 and 2009 of 1.50. The number for 2008 was calculated by dividing $9.489 billion into $3.37 billion ($9.489 billion / $3.37 billion = 2.81). The ratio for 2009 was determined by dividing $9.049 billion into $6.017 billion ($9.049 billion / $6.017 billion = 1.50. ("The Blackstone Group 2009 Annual Report," 2010) When you compare the debt ratio of Marriot with that of the Blackstone Group, they both have a debt ratio above 1.0, indicating that they have more assets than debt. With Marriot this number increased between 2008 and 2009, highlighting that the company has been taking aggressive steps to reduce the underlying amounts of debt. Evidence of this can be seen by looking no further than the ratio rising from 1.02 to 2.09. While the Blackstone Group, saw their debt ratios decrease between 2008 and 2009. Where, their debt ratio showed a reading of 2.81 for 2008 and 1.50 for 2009. This is significant, because it shows how two different strategies were used, when it came to the different companies. In the case of Marriot, they wanted to reduce their underlying amounts of debt. While Blackstone Group, was continuing to make purchases of other companies, which would cause the overall debt...
This is because they have been reducing their underlying amounts of debt. The Blackstone Group has been increasing the overall amounts of debt. In this case, one could infer that the debt levels rose at the Blackstone Group, because they were seeking to make similar purchases to Hilton Hotels. During times of economic challenge those companies that can reduce their debt; will help to solidify their liquidity position over the long-term.
(Heacox, 2002) In what ways did you impact the outcome? The way that I had an impact on the outcome was through directly working with the student. This allowed me to change any kind of negative perceptions and question why they are behaving a certain way. After this occurred, the student realized that their past behavior was no longer going to be tolerated. This is when there was transformation in how
No doubt, when Columbus first set foot on the shores of the West Indies, he felt foreign. No matter how courageous he was, Columbus was only human and therefore had to have been afraid. Likewise, I questioned myself when I first made the decision to transfer. Like Columbus, I thrive on healthy risk-taking and the excitement of new situations and surroundings. I enjoyed moving, in spite of my fear of
Challenging Resistance to Change The consistently most challenging aspect of any new initiative in a company is managing change at the strategic, process and most important, people level. If there is only a single initiative a company can undertake in a year, the most important is galvanizing the role of employees to the vision, mission and objectives of the company they work for. The most effective change management processes are predicated
The genetic risk factor identified does not appear to influence behavior directly unless it is paired with environmental factors such as exposure to abuse or other regular and/or extreme violence, and then it leads to the development of aggressive and other challenging behaviors (Kaiser & Rasminsky, 2002). The environmental risk factors identified -- i.e., the abuse/exposure to violence -- has been demonstrated to have an effect without the presence of
If you were to design a globally focused it application for a multinational corporation, how would you introduce it and would the challenges be for the corporation? Before beginning the design of a globally focused it application, I would first be sure to understand how its key features, functions, workflows and performance contributed to the users who would use the system daily. After having a thorough review of these key criterion
Adolescent Challenges Adolescence can be a time of upheaval, stress and extreme challenges. And how should an adolescent respond and react to challenges he or she will face during adolescence? These issues and others related to how adolescents respond to challenges will be covered in this paper. Challenges can cause Anxiety and Depression in Adolescents In the peer-reviewed journal Depression and Anxiety, the authors discuss "anxiety sensitivity" and the "negative social, psychological, or
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