Definitions of Optical Coupler, Resistor and Transistor

Optical coupling is a portion that exchanges electrical flags between two separated circuits by using visible radiation every bit indicated as a portion of Fig.6.4. It keeps high electromotive forces from act uponing the model accepting the mark. Industrially accessible opto-isolators with stand information to-yield voltages up to 10 kilovolts and electromotive force homeless people with gaits up to 10 kV/ & A ; mu ; s. A typical sort of opto-isolator comprises of a Drove and a phototransistor in the same package. Opto-isolators are by and large utilized for transmittal of advanced ( on/off ) marks, nevertheless a few schemes permit use with simple ( matching ) marks. An opto-isolator contains a beginning ( emitter ) of visible radiation, rather frequently a close infrared Light-Emanating Diode ( Drove ) , that changes over electrical information signal into visible radiation, a unopen optical channel ( to boot called di-electrical channel ) and a exposure detector, which distinguishes nearing visible radiation and either creates electric verve specifically, or regulates electric current sloping out of an outer power supply. The detector can be a exposure resistance, a photodiode, a phototransistor, a Silicon-Controlled Rectifier ( SCR ) or a triac. Since LEDs can feel light notwithstanding radiating it, development of symmetrical, bidirectional opto-isolators is imaginable. An opto-coupled strong province hand-off contains a photodiode opto-isolator which drives a force switch, usually a correlate brace of MOSFETs. An opened optical switch contains a wellhead of visible radiation and a detector, nevertheless its optical channel is unfastened, all owing ordinance of visible radiation by outer points hindering the manner of visible radiation or reflecting visible radiation into the detector A resistance is a two-terminal electronic section intended to curtail an electric current by making a electromotive force bead between its terminuss in extent to the present, that is, as per Ohm & A ; apos ; s jurisprudence. Resistors are utilized as a constituent of electrical systems and electronic circuits. They are to a great degree typical in most electronic cogwheel. Handy resistances can be made of different mixes and films, and in add-on opposition ( wire made of a high-resistivity complex, for illustration, nickel/chrome ) . The indispensable properties of resistances are their opposition and the force they can circulate. Different attributes integrated temperature coefficient, blare, and induction. Less no uncertainty understood is know aparting opposition, the quality beneath which control airing restrains the greatest allowed current watercourse, or more which the breakage point is connected electromotive force. Basic opposition relies on the stuffs representing the resistance and its physical measurings ; its controlled by constellation. Resistors can be incorporated into mixture and printed circuits, and coordinated circuits. Size, and place of leads ( or terminuss ) are of import to gear conceivers ; resistances must be physically sufficiently expansive non to overheat when scattering their energy. Variable resistances are movable by altering the place of a contact on the resistive constituent, for illustration, with a versatile skiding contact, known as a potentiometer. There are extraordinary kinds of resistance whose opposition alterations with different sums, the bulk of them have names, and articles, they could name their ain: the opposition of thermal resistors displacements tremendously with temperature, whether exterior or because of airing, so they can be utilized for temperature or current detection ; metal oxide varistors drop to a low opposition when a high electromotive force is connected, doing them suited for over-voltage confidence ; the opposition of a strain pot differs with mechanical load ; the opposition of exposure resistances fluctuates with enlightenment ; the opposition of a Quantum Burrowing Composite can differ by an component of 1012 with mechanical weight connected ; etc. The appraisal of a resistance can be measured with an ohmmeter, which may be one capacity of a multimeter. Normally, trials on the coatings of trial leads interface with the resistance. A gate driver is a power amplifier that accepts a low-power input from a accountant IC and engenders a high-current thrust input for the gate of a high-octane transistor such as an IGBT or power MOSFET. Gate drivers can be provided either on-chip or as a distinct faculty. In kernel, a gate driver consists of a quality shifter in pile with an amplifier. It is frequently verbalized that transistors such as MOSFETs with stray gate electrodes can be driven without a authority beginning, which is non real. In contrast to bipolar transistors, MOSFETs do non necessitate changeless power input, every bit long as they are non being switched on or off. The stray gate-electrode of the MOSFET forms a capacitance ( gate capacitance ) , which must be charged or discharged each clip the MOSFET is switched on or off. As a transistor requires a peculiar gate electromotive force in order to exchange on, the gate capacitance must be charged to at least the needed gate electromotive force for the transistor to be switched on. Similarly, to exchange the transistor off, this charge must be dissipated, i.e. the gate capacitance must be discharged. When a transistor is switched on or off, it does non instantly exchange from a nonconductive to a conducting province ; and may transiently back up both a high electromotive force and carry on a high current. Consequently, when gate current is applied to a transistor to do it to exchange, a certain sum of heat is engendered which can, in some instances, be plenty to harry the transistor. Therefore, it is indispensable to maintain the switching clip every bit abruptly as possible, so as to minimise switching loss. Typical shift times are in the scope of microseconds. The switching clip of a transistor is reciprocally relative to the sum of current used to bear down the gate. Therefore, exchanging currents are frequently required in the scope of several hundred mill-amperes, or even in the scope of amperes. For typical gate electromotive forces of about 10-15V, several Watts of puissance may be required to drive the switch. When astronomically huge currents are switched at high frequen ces, ( e.g. in DC-to-DC convertors of sizably voluminous electric motors ) , multiple transistors are sometimes provided in parallel, so as to supply sufficiently high exchanging currents and exchanging authority. The switching signal for a transistor is conventionally engendered by a logic circuit or a microcontroller, which provides an end product signal that typically is constrained to a few mill-amperes of current. Consequently, a transistor which is straight driven by such a signal would exchange really bit by bit, with correspondingly high power loss. During exchanging, the gate capacitance of the transistor may pull current so efficiently that it causes a current over draw in the logic circuit or microcontroller, doing overheating which leads to dateless harm or even masterful ravagement of the bit. To debar this from transpirating, a gate driver is provided between the microcontroller end product signal and the authority transistor Each MOSFET is bulwarked against dv/dt and di/dt rampart as shown below

Has Fast Food Changed My Eating Habits? Essay

Fast food has become more and more popular, and will continue to do so. There are more food chains being built in this area and the fast food restaurants have really thrived because of how many there are. There are plenty of types of food, and locations for you to get it. That is why my eating habits have changed. Eating habits are a struggle for everyone, whether it is how much you eat, or what you eat. It is hard to deny a $4 combo meal that includes, a hamburger, a drink, and an order of fries, especially if it is filling and satisfying your hunger. They are usually designed to reel you in by making it easy to get cheap good food, and that is why fast food restaurants are thriving in this era. The quick drive-thru lines, cheap food, and friendly service are just three of the many ways fast food restaurants are trying bring you and you’re money to their business. That is why personally I find it very hard not to eat fast food. There are four or five fast food restaurants within one mile, or so, of my house. That is why I find myself eating fast food two or three times a week depending on how much money I have. Its cheap, good, and you can almost get it at any time, and anywhere you want. It is not like eating fast food one time will kill you, but eating it two or three times a week for multiple years will. The main thing I keep asking myself is; how long am I going to keep this up? It has been a growing habit that continues to creep up on me. One year I am begging to get fast food because we don’t have it enough. The next thing I know I find myself becoming increasingly tired of it because I eat it way too much. My health plays a big part in what I do for fun, and my hobbies. For instance: How many sports I play, how much I play them, and how well I do while I play them. Eating fast food can’t help me thrive in any of these categories so why do I keep eating it? The main reason though has to be will power, if I simply can’t say no to a cheeseburger on the daily basis then how do I expect myself to change my habits for my entire life the better. A habit can’t be broken in one day, but you can start to break it in one day. Breaking a habit, or habits, cannot be done in one giant step. It takes time, patience, and plenty of fortitude. That’s what it boils down to. How badly do you crave to be healthy? What do you want more, a healthy lifestyle and future, or something satisfying to the stomach right away? Fast food is a great idea for the quick easy meal, but I need to change my habits for the better in order to be the healthiest I can be. My eating habits are holding back my abilities in sports and they need to be fixed.

The Relationship Between Delinquency and Drug Use

The Relationship Between Delinquency and Drug Use Free Online Research Papers By Roby Lynn Rice In my attempt to discover if delinquency and drug use, or the sale of drugs were correlated with one another, my research lead to a positive correlation, especially when there was gang membership involved. The theory I have chosen to tie in with my review of the articles I found is the social learning theory of Edwin Sutherland known as differential association theory. According to Britannica online, Sutherland’s differential association theory of delinquent behavior is learned from other persons who are also engaged in delinquent behaviors. Sutherland believes that a person becomes delinquent because of an access amount of exposure to the definitions of criminal behavior and the violation of the law (Britannica 2007). This particular belief is a good theory to use to explain juvenile delinquency. Orcutt (1983) explains that Sutherland states that everyone has social groups which influence each of us in the actions that we chose to engage in according to the norms and values o f that group. An example would be that most of our parents teach us that we should respect and obey the law. However, there are those that some people are associated with inside their social network that influence in negative ways, tempting and leading others into deviant behavior. Such as assuring those within a group that certain drugs should not be criminalized and that the chance of getting caught with them is very slim. With enough pressure and continued exposure to that mindset and behavior pattern, an individual whom has not been engaged in certain illegal behaviors becomes involved with those activities that promote the illegal and delinquent behaviors. The behavior referred to in this paper is the use or selling of drugs and its connection with juvenile delinquency and gangs. According to Orcutt (1983), Sutherland does point out that learning of social norms and values does not come from the mass population but for one’s own intimate connections with family and close peers. Orcutt (1983) also tells us that Sutherland states that the learning process of delinquent behavior is the exact same process as it is for the learning of accepted norms and values. When a child learns through his close peers or family members the definitions and techniques for delinquent behavior, that child is more likely than not to act on his/her acquired knowledge when he/she sees the benefits of delinquent behavior as outweighing the disadvantages. An example of this would be delinquency through gang involvement. A study was conducted in Arizona that used data from the Arizona Arrestee Drug Abuse Monitoring (ADAM) program that supported the hypothesis that current gang members were significantly more likely to use drugs (marijuana and cocaine) as compared with former gang members (Katz, Charles M., Vincent J. Webb and Scott H. Decker 2005). The ADAM program is designed to collect data from recently booked arrestees. This data was collected from two counties in Arizona, Maricopa and Pima Counties. It is important to note that only those juveniles that were detained by the police and held were the subjects of this study and not the juveniles that had been released to parents or other responsible parties (Katz et al.2005). According to Katz et al. (2005), the variable used for this study focused on gender, age, and ethnicity along with prior arrests, drug history of respondent and what the current school status of the respondent w as at the time of the study. The questionnaire included questions on the frequency of drug use that covered a 12 month, 30 day and 3 day period for 13 different types of drugs. The respondents were then asked to provide a urine sample that was calibrated to detect drugs ingested within a 72 hour period (Vishner 1991). After the urinalysis was obtained, the respondents were given another questionnaire about affiliation or participation within gangs. The questions asked pertained to level of gang activity in respondent’s neighborhood, organization and structure of gangs in neighborhood, what the characteristics and composition of the gangs are, gang membership and victimization. In order to determine if the respondent was an actual gang member as opposed to respondents that were members of informal gangs, the respondents was asked to reveal the name of the gang they were a member of. If the respondent did not answer with the name of the gang, that respondent was not considere d an actual gang member and therefore not counted (Katz et. al.). The sample consisted of 939 juvenile arrestees, 81% male and 19% female. Within the sample, 25.7% were 14 years of age or younger, 20.3% were 15 years old and 54% were 16 years old or older (Katz et. al.). Gang affiliation / participation were rather high at 52% of all respondents. The findings show that out of a total number of 451 from the sample size of 939, only 11.1% of the respondents that reported drug use or sale of drugs were not affiliated with any type of gang. Whereas 488, 52% of the sample size of 939 were members of, or affiliated with gangs. Of that 488, more than three-quarters reported using or selling drugs (Katz et. al. 2005) In a study conducted to measure the effects of the background and characteristics offenders, we can see how this study supports Sutherland’s theory. This study shows that background characteristics not only help to explain patterns of offending but also serve as a basis as important predictors of types of offending (Armstrong and Britt 2004). This study looks at many different socialization influences in the life of the offender. I am mainly concerned for the purpose of this paper with the correlation of family or peer influence in the participation of delinquency with the use of drugs. Armstrong and Britt (2004) reports that young people from families that are engaged in delinquent and criminal behavior are more at risk of learning and committing crimes at a younger age than juveniles from families that do not participate in delinquent behavior. This supports Sutherland’s differential theory in that a juvenile will do as others in his/her close social group does. Armst rong and Britt (2004) also point out that if a juvenile has just one friend that is involved in delinquent behavior he/she will be at greater risk of committing a delinquent act. According to Armstrong and Britt (2004) juveniles that are associated with a gang are at greater risk of several delinquent behaviors including but not limited to the use or selling of drugs as compared to non-gang members. One hypothesis within this study suggests that when crime is committed in a group (gang) a greater likelihood of specialization / escalation may occur (Armstrong and Britt 2004). The method used for the collection of data for this study was based on aggregate data using the Forward Specialization Coefficient ( FSC) or individual data comparing across demographic characteristics such as age or gender by using a heterogeneity index (Armstrong and Britt 2004). Juveniles held under the supervision of the California Youth Authority (CYA) in the 1980’s participated in this study. According to Armstrong and Britt (2004) two random samples were used. 2,000 wards released in 1981-82 and 2,000 wards released in 1986-87 from the CYA. The sources used for the gathering of the data were from four areas; Youth Authority electronically stored ward data files, the hardcopy ward master Files of the Youth Authority, the Criminal History files of the California Department of Justice and the California Vital Statistics (Armstrong and Britt 2004). It was found that out of the sample (N=2,294) 43.3% of respondents siblings were involved in criminal activity, 27.3% of respon dents caregivers were involved in criminality, 33.3% of respondents parents had an alcohol/drug problem, 41.9 % of respondents were involved with gangs, 80.4 % of respondents had a chemical or drug problem and 64.7% of respondents had a problem with alcohol according to table 1, Characteristics of the Sample (Armstrong and Britt 2004). This study found that gang association increased the odds that the respondent would be involved in violence, drug and alcohol offenses with the odds ratio of drug offense being increased by approximately 1.38. These finding support the hypothesis that juveniles who are gang members are more likely to be involved in drug related offenses than non-gang members. It also supports Sutherland’s theory of differential association. This study also found that characteristics of individuals that predict any criminal behavior also predict type of criminal behavior. The office of Juvenile Justice and Delinquency Prevention (OJJDP) publishes a bulletin called the Juvenile Justice Bulletin. Within that bulletin I was able to locate data that is relevant to delinquency. With concerns mounting about youth gangs, the OJJDP’s Youth Gang Series address many key issues concerning youth gangs which included but was not limited to youth gang drug trafficking (Howell and Gleason 1999). This study is relevant to juvenile delinquency because it is widely believed that gangs are involved in drug sales which lead to the commission of other crimes. Howell and Gleason (1999) used the responses obtained by the National Youth Gang Center (NYGC) in the 1996 National Youth Gang Survey. According to Howell and Gleason (1999) the sample size of 3,024 police and sheriff’s departments received the survey. 87% of the sample size responded with a total of 53% of the respondents reporting a problem with gangs. Respondents reported that 43% of drug sales were conducted by gang members in their jurisdiction, 57% reported that they had active gangs, and in jurisdictions that included drug gangs 41% of respondents said that more than half (or all) of drug distribution was managed and controlled by gangs (Howell and Gleason 1999). Howell and Gleason (1999) found that the largest age group of gang members was 15-17 years old. It was also found that in areas that respondents reported that gangs did not control drug distribution, 79% of gang members were juveniles, 17 years old or younger. And in areas that reported drug distribution being controlled by gangs, 42% of gang members were 17 or younger and 58% of gang members were 18 and older. Though this study found that when gang members were involved in the sale of drugs, they were also usually involved in the distribution as well and is widespread, according to Howell and Gleason (1999), however, it is central to a very small number of jurisdictions. In conclusion, it is very apparent that the people we are socialized by as children have a huge impact on the behaviors we adopt as individuals according to our learned norms and values. I have also found that while gang drug activity is relegated to a small number of jurisdictions, it does support the hypothesis that juveniles that are associated with gangs are more likely than non-gang members to be involved with the use, selling and distribution of drugs. I have also learned that while a juvenile’s drug activity was apparent as a gang member, which was not usually the case either before joining the gang or after departing from the gang. This again supports Sutherland’s differential association theory that we tend to adopt the norms and values of those we are being socialized with. References Armstrong, Todd A. and Chester L. Britt. 2004. â€Å"The Effect of Offender Characteristics On Offense Specialization And Escalation.† Justice Quarterly 21 (4): 843-876 Howell, James C. and Debra K. Gleason. 1999. â€Å"Youth Gang Drug Trafficking.† Juvenile Justice Bulletin. Retrieved November 15, 2007 (ncjrs.gov/pdffiles1 /ojjdp/178282.pdf) Katz, Charles M., Vincent J. Webb and Scott H. Decker. 2005 â€Å"Using The Arrestee Drug Abuse Monitoring (ADAM) Program To Further Understand The Relationship Between Drug Use And Gang Membership.† Justice Quarterly 22 (1): 58-88 Orcutt, James D. 1983. â€Å"Analyzing Deviance†. Pp 153-163. Retrieved November 18, 2007 (http://deviance.socprobs.net/Unit_3/Theory/DA.htm) Sutherland, Edwin. 2007. In Encyclopedia Britannica. Retrieved November 15, 2007, from Encyclopedia Britannica Online: britannica.com/eb/article- 9343984 Vishner,C. 1991. â€Å"A Comparison of Urinalysis Technologies For Drug Testing In Criminal Justice.† Washington DC : National Institute Of Justice, cited in Charles M. Katz, Vincent J. Webb and Scott H. Decker. 2005. â€Å"Using The Arrestee Drug Abuse Monitoring (ADAM) Program To Further Understand The Relationship Between Drug Use and Gang Membership.† Justice Quarterly 22 (1) 58-88 Research Papers on The Relationship Between Delinquency and Drug UseEffects of Television Violence on ChildrenThe Effects of Illegal ImmigrationMoral and Ethical Issues in Hiring New EmployeesUnreasonable Searches and SeizuresInfluences of Socio-Economic Status of Married MalesRelationship between Media Coverage and Social andStandardized TestingResearch Process Part OneNever Been Kicked Out of a Place This NiceThree Concepts of Psychodynamic

Definion and Construction of a Consumer essays

Definion and Construction of a Consumer essays 1) A consumer is socially defined as someone whom is pressured into buying items forced upon them my capitalist methods. They are also people who believe that if they buy a particular item it will make their lives better. Society has forced consumerism unto people and it has increased over the last century. A consumer was not constructed until the 19th century, when the times emphasized moderation and self-denial. At this time workers were to be frugal and save their money. Most of the time the typical family produced most of what they needed and had few household possessions. The families had little arousal of desire because there were no prepackaged items with brand names and most of the items were displayed in bulk. The main creation of the consumer was the creation of advertising. The goal of advertising was to aggressively shape consumers desires and create value in commodities by imbuing them with the power to transform the consumer into a more desirable person. In the 1880s there was only about 30 million spent on advertising in the US, by 1910 it was up to about 600 million, and today 120 billion is spent on advertising in the US alone. Another way of making people consumers is the development of department stores, where they market goods in ways that arouse desire to the peopl e. They also use different display and presentation techniques to inspire purchases. They also try to create consumers by making buying easier with consumer credit, this give the consumer a charging account or the ability to pay over installments. There are many things that helped transform people in to consumers including the institutional transformation, which is a major social institution redefining the function to promote consumerism. Some of these institutions are education institutions, for example creation of business and fashion design schools that were developed in the early 1900s. Others include government institutions, which is ...

Capital Structure and Corporate Performance

The assignment deals with the financial analysis of ratios of Maldives Transport and Contracting Company (MTCC). Maldives Transport and Contracting company is engaged in marine and land transport business and also has a separate division which deals with marine and land constructions. The company was one of the first public sector company which was established. The financial performance of the company is to be analyzed with the help of significant ratios. The major ratios which are to be analyzed for the company are liquidity, profitability and efficiency ratios. The analysis will be containing an insight of the capital structure of the company and stock performance of MTCC. Liquidity ratios are used to measure the liquidity of the company which means whether the business has enough liquid cash to meet the short-term liabilities of the company or not (Higgins 2012). In the liquidity ratio sub-head, the most significant ratios are current ratio, liquid ratio and cash ratio. As per the calculation shown, the current ratio of the company has first declined from 1.34 in 2014 to 1.28 in 2015 and then again increased to 1.34 in 2016. This shows that the company is more than capable of handling the short-term business requirements. If the current ratio of the company is above 1 then it signifies that the company is able to meet with the current short-term expenses of the business which MTCC has as stated above (Ahrendsen and Katchova 2012). An ideal current ratio is however 2:1, which means that the current assets must be twice of current liabilities. The quick ratio of the company shows that the ratio is on an increasing trend from 2014. The ratio increased from 0.96 in 2014 to 1.08 in 2016 as per calculations. This is a favorable result as the higher the quick ratio the more liquidity the business has and ideally quick ratio should be greater than 1. However, the ideal results of a quick ratio vary from industry to industry. The cash ratio of the company has decreased and the ratio suggest the real cash of the company is falling. The ratio however does not take into consideration account receivable and inventory and only considers cash and asset which are close to cash. The profitability ratios of the company measure the overall profitability of the company considering the significant areas such as gross profit, net profit, operating profit and similar other areas (Al Karim and Alam 2013). These ratios depict whether the company is performing well in terms of profitability or not. The gross profit ratio shows that the gross profit of the company first increases from 18.73% in 2014 to 23.84% in 2015 and then again decreases to 22% in 2016. The gross profit for the year 2016 has decreased which the company needs to improve and also analyze why the gross profit of the company fall during 2016. The net profit ratio of the company also shows a fluctuating and a similar result when compared to gross profit ratio. The net profit ratio of the company for the year 2016 show a ratio of 8.80% which is even lesser than the ratio result which was calculated for 2014 which is 10.57%. This is not a favorable sign for the business and therefore the business needs t o improve the same. Net profit ratio is a financial indicator and the company needs to improve the overall net profit of the company (Tugas 2012). The operating profit ratio also depicts a fluctuating result and has a similar result and analysis as gross profit ratio and net profit ratio of the company.   The return on assets and return on equity also show unfavorable results for the company in the year 2016. The return on asset has decreased from 0.9 in 2015 to 0.8 which is shown in 2016. The return on equity also shows a decreasing trend which was 30.22% in 2015 which has reduced to 18.70% in 2016 which is even lesser than the estimate of 2014. The next group of significant ratios which are to be considered are the efficiency ratio of the company. Such type of ratios generally covers all types of asset turnover ratio of the company. The receivable turnover ratio of the company shows how efficiently the company is able to collect the credit allowed on sales by the company. an high account receivable ratio signifies that the company has a strong credit policy and all credit operations are running smoothly. The receivable turnover ratio of the company shows that the ratio has increased in 2016 which is 1.59 and the same was 1.44 in 2015. Therefore, it suggests that there has been improvement in the receivable turnover ratio or collection policy of the company as the case may be. The inventory turnover ratio shows that the ratio has significantly increased in 2016 in comparison with 2015 results. The inventory ratio of the company for the year 2016 is 4.28 which is much more than previous two years results. The higher the inven tory turnover ratio the more favorable for the business as it will then portray a strong sales structure and lesser inventory in stocks (Ehiedu 2014). While lower inventory turnover ratio shows poor sales structure and more inventory capacity at hand of the company which is being unused by the company. The asset turnover ratio of the company also shows that the ratio has increased from the previous years results (Tehrani, Mehragan and Golkani 2012). The asset turnover ratio for the year 2016 is shown at 0.89. Asset turnover ratio measures the capability of the company to generate revenue or sales in comparison to the assets of the company. The next group of ratios is the capital structure ratio which measures the components of the capital structure of the company. The debt ratio of the company shows that the company’s debt ratio has decreased from the result of 2015. The debt ratio for 2015 was 0.61 which has reduced to 0.58 in 2016. From the perspective of risks debt ratios of any company are preferred to be lower as the risk is also low. In this case it can be said that it is favorable for the business of MTCC. The equity ratio shows how much equity capital has the business incorporated in the capital structure of the company. The equity ratio of the company has increased from 2015 which was 0.39 to 0.42 which is shown in 2016. This signifies that the company is now using more of equity in comparison to last year. The gearing ratio of the company shows the total debt which is used by the business in comparison to the equity capital of the business. It is similar to Debt equity ratio however it contains more va riations which can provide different results. The gearing ratio of the company 7.07% in 2016 which is lower than previous year figure as the company has reduced the debts of the company. This shows that the company is payoff the debt capital and incorporating more of equity capital in the capital structure mix of the company (Babalola and Abiola 2013). The debt equity ratio of the company shows that the ratio has reduced from 1.59 in 2015 to 1.40 in 2016 which also shows that the company is reducing the debt capital of the company. With the analysis of the debt equity ratio it is evident that the company is trying to restructure the capital structure of the company and add more of equity capital in the mix. However, the full benefit of the capital structure can be extracted when a certain balance is attained between debt and equity capital funds. The stock performance ratios are related and measures the performance of the company on the basis of valuation of stock or earning per shares or market value of shares (Delen, Kuzey and Uyar 2013). Earning per share is the measure of the company’s profit per share which is earned by the shareholders of the company (Brigham and Houston 2012). The earning per share of the company has fallen sharply from 312.76 in 2015 to 23.076 in 2016 which is a drastic fall. This is a serious concern for the business as if it is not improved than the company’s stock prices and market valuation will repeatedly fall. The dividend payout ratio show that the ratio is much more than previous year’s measure which shows that the company has declared dividend in spite of low Earning per share. Price earning ratio is the measure of the price which the investor pays for $ 1 profit in the company. The price earning ratio of the company has increased from the previous year results. The following recommendations can be offered to the company for improvement in the key financial ratios: Any business which is planning to start or establish itself in the market needs to plan out the financial requirement which the business needs. In other words, there are certain expenses which initially which the business must incur in order to establish the business in the market (Lee, Sameen and Cowling 2015). The two most popular form of business which can be open are partnership form of business and private limited companies. A partnership form of business is a business where two or more parties cooperate together in order to run a business. In case of partnership the liability of the partners may be unlimited or limited as per the agreement in the Partnership deed (Allen and Kraakman 2016). Whereas in a Private Limited Company the shareholders are the owners of the company, however the company is operated by board of directors who are representatives of the shareholders of the company. The liability in a company is limited to the number of shares which is held by the shareholders of the company. Moreover, a company is regarded as a legal person whereas a partnership form of business does not enjoy such a right 9Burns 2016). Both the above forms of businesses require initial capital to start up the business and also long-term finances for smooth operation of the business. In case of partnership form of business, the various options of financing which are available are: Personal Savings: In a partnership form of business personal savings is an important source of finance. The partners of the firm contribute to the total capital of the firm and operates in a similar fashion whenever there is additional requirement of funds (Gbandi and Amissah 2014). In case of a startup partnership business, generally individuals resort to capital contributions which will be made by the partners of the firm to meet the start up cost of the business instead of taking a loan from banks. The amount which is contributed by the partners are the basis on which the profit which is earned by the firm is distributed among the partners unless otherwise agreed upon. Retained profits: The profits which are earned by the firm are reinvested in the business in many cases which is then used as reserves or retained earnings. However. such type of financing cannot be done in the initial years of the business but for long term financing purpose of the business (Fairfield and Jorratt De Luis 2016). This is the most productive type of financing as it does not create a burden on the business as in the case of debts and also the partners are not bringing in any capital into the business. Short term /Long term Bank loans: This is another mostly used source for financing of capital for the business. The partnership can take a loan as per the requirement of the business that is it can be short term as well as long term in nature. This source of financing can be used by the business at initial stages of the business and also in the pursuance of the long-term business objectives of the firm (Shin 2012). The financing which is done through bank loans can meet both the objectives which can be start up financing as well as long-term financing of the business. Additional Partner’s Capital: In many situation, there has been cases where the firm is requiring additional capital and the firm does not want to take a loan from banks then they use this technique. Whenever there is an admission of a new partner in the partnership firm, the individual brings in his share of capital for the purpose of investing in the firm and also determining the profit ratio which he is going to get. The additional capital which is brought by the new partners is used for financing purpose of projects and operation of the business. This type of financing is rarely used by firms as admission of a new partner means that the profit sharing ratio diminishes. However, it is commonly seen that a partnership business applies such techniques when a partner retires from a business so as to meet the capital requirements of the business. In case of a company form of business the most common sources of financing for a business are discussed below: Issue of Shares: The most important sources of financing for a business is through issue of shares which can be equity shares or preference share as per the requirement of the business. The company has the ability to issue shares in order to collect small amount of capital per share from potential investors (Engel and Stiebale 2014). The share capital as collected by the business is used in financing the projects of the company. Such sources of financing are useful in start up business as well as financing for the long-term business objectives. In addition to this, financing with share capital is a reliable source of financing for the business (Bobinaite and Tarvydas 2014). Bank Loan: This is another option which is available to the company which can be used for financing of the business. The company can take long- term as well as short term loans from banks for day to day operation of the business. However, lumpsum amount for loans as required by the company is not always available and the bank requires certain securities on the basis of which the bank will be allowing the loan to the company (Robb and Robinson 2014). In the startup phases of the business, company generally do not get any loan from the banks unless they provide ample amount of securities against the loan amount. Debentures: Another source of financing of the business is by issuing debentures for collecting capital. The capital which is collected with the issuance of debentures forms a part of the debt capital of the business. The capital which is collect by the use of debentures can also be used to finance projects and it can issued for collecting funds for start-up cost and also for long-term financial requirements of the business (Buigut et al. 2013). Retained Earnings. The company form of business also employs the concept of retained earnings. The company retains a part of the profit which is earned by the company during previous year and the business reinvest the profits in the business again (Serrasqueiro and Nunes 2012). The retain earnings method which is used by the business is known as plough back of profits in the business. Moreover, such method is advantageous to the company as it increases the internal strength of the company and makes the company financially strong. The retained earnings of the business depend on the amount of profit which was earned by the business in previous year. Moreover, the business cannot use such type of capital in start up financing of the business and has to resort to other means of sourcing of finance. Preference Share Source of Financing This refers to the funds which are raised by the business by issuing shares which are also known as equity (Elsas,   Flannery and Garfinkel 2014). Tis refers to the capital which is taken from a bank or financial institution This type of capital is similarly raised as equity sources of capital but such shares have rights of their own and are different from equity sources of capital (Gitman, Juchau and Flanagan 2015). This is regarded as own capital of the business This is regarded as borrowed capital of the business or also known as loan capital of the business. This also forms a part of the own capital of the business (Abdulsaleh and Worthington 2013). The risks which are associated with equity shares is high as equity shares are generally risky in nature (Bekaert and Harvey 2017). The risks which is associated with debts are low and debt capital are considered less risker than equity sources of capital. This type of shares are not as risky as equity shares but has certain risk factor. The return which is generated by equity share capital is in the form of dividends and such dividends depends on the profit which is earned by the company and also on the decision of the management. If the company is not earning profits than the company will not be paying any dividend. The return which is related to debt capital is interest which is fixed and regular in nature and generally depends on the agreement of debts of the business The return which is generated by such sources are fixed unlike equity sources of capital and they are need to be paid even if the company is earning losses. Thus, from the comparison of the above three sources of capital it can be said that the equity source of capital is very useful even though it is a risky source of capital. The consultancy business will be able to collect bulk amount of capital from equity sources and also there is no pressure of dividends in initial years even if the business earns losses. Abdulsaleh, A.M. and Worthington, A.C., 2013. Small and medium-sized enterprises financing: A review of literature.  International Journal of Business and Management ,  8(14), p.36. Ahrendsen, B.L. and Katchova, A.L., 2012. Financial ratio analysis using ARMS data.  Agricultural Finance Review,  72(2), pp.262-272. Al Karim, R. and Alam, T., 2013. An evaluation of financial performance of private commercial banks in Bangladesh: Ratio analysis.  Journal of Business Studies Quarterly,  5(2), p.65. Allen, W.T. and Kraakman, R., 2016.  Commentaries and cases on the law of business organization. Wolters Kluwer law & business. Babalola, Y.A. and Abiola, F.R., 2013. Financial ratio analysis of firms: A tool for decision making.  International journal of management sciences ,  1(4), pp.132-137. Bekaert, G. and Harvey, C., 2017. Emerging equity markets in a globalizing world. Bobinaite, V. and Tarvydas, D., 2014. Financing instruments and channels for the increasing production and consumption of renewable energy: Lithuanian case.  Renewable and Sustainable Energy Reviews,  38, pp.259-276. Brigham, E.F. and Houston, J.F., 2012.  Fundamentals of financial management . Cengage Learning. Buigut, K., Soi, N., Koskei, I. and Kibet, J., 2013. The effect of capital structure on share price on listed firms in Kenya. A case of energy listed firms.  European Journal of Business and Management ,  5(9), pp.29-35. Burns, P., 2016.  Entrepreneurship and small business. Palgrave Macmillan Limited. Delen, D., Kuzey, C. and Uyar, A., 2013. Measuring firm performance using financial ratios: A decision tree approach.  Expert Systems with Applications,  40(10), pp.3970-3983. Ehiedu, V.C., 2014. The impact of liquidity on profitability of some selected companies: The financial statement analysis (FSA) approach.  Research Journal of Finance and Accounting,  5(5), pp.81-90. Elsas, R., Flannery, M.J. and Garfinkel, J.A., 2014. Financing major investments: information about capital structure decisions.  Review of Finance,  18(4), pp.1341-1386. Engel, D. and Stiebale, J., 2014. Private equity, investment and financial constraints: firm-level evidence for France and the United Kingdom.  Small Business Economics,  43(1), pp.197-212. Fairfield, T. and Jorratt De Luis, M., 2016. Top income shares, business profits, and effective tax rates in contemporary Chile.  Review of Income and Wealth,  62(S1). Gbandi, E.C. and Amissah, G., 2014. Financing options for small and medium enterprises (SMEs) in Nigeria.  European Scientific Journal, ESJ,  10(1). Gitman, L.J., Juchau, R. and Flanagan, J., 2015.  Principles of managerial finance. Pearson Higher Education AU. Higgins, R.C., 2012.  Analysis for financial management. McGraw-Hill/Irwin. Lee, N., Sameen, H. and Cowling, M., 2015. Access to finance for innovative SMEs since the financial crisis.  Research policy,  44(2), pp.370-380. Robb, A.M. and Robinson, D.T., 2014. The capital structure decisions of new firms.  The Review of Financial Studies,  27(1), pp.153-179. Serrasqueiro, Z. and Nunes, P.M., 2012. Is age a determinant of SMEs' financing decisions? Empirical evidence using panel data models.  Entrepreneurship Theory and Practice,  36(4), pp.627-654. Shin, H.S., 2012. Global banking glut and loan risk premium.  IMF Economic Review,  60(2), pp.155-192.   Tehrani, R., Mehragan, M.R. and Golkani, M.R., 2012. 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