Sustainable Use of Gas in Israel Assignment Example | Topics and Well Written Essays - 2250 words - 2

Sustainable Use of Gas in Israel - Assignment Example Since then, other deposits have been found on the shores of Israel along the Mediterranean Sea. Initially, all the gas deposits were for exportation, but since 2004, there has been an increase in the demand for gas within the local economy. Industries were growing and the energy demand of the country was rising. However, the extraction of gas has numerous effects on the environment. This is made worse by the fact that drilling of gas is done in the sea as this endangers the marine life. Most drilling companies do not adhere to the strict environmental regulations due to the offshore nature of this activity. However, in the recent past, there have been instances that have resulted in spillages in the sea and this has brought to light the activities of these offshore companies. The main role of this project is, therefore, to come up with a framework by which the gas companies can operate sustainable businesses by considering the impact that this industry has on the environment. The country of Israel is well endowed with natural resources. Most of this has been in the oil sector with the country having many refineries. In 2009, the Tamar natural gas deposits were found off the coast of Haifa, Israel. This discovery marked a major turnaround in the energy sector for Israel (Cohn 2010). The Tamar gas fields are one of the largest natural gas deposits in the world and have the potential to meet all the energy requirements of Israel for the next 20 or 30 years. This was however only the beginning because in the next year there was the discovery of several other deposits in Leviathan and Tanin. The Leviathan deposit is twice as big as the Tamar deposit. This marked a major shift in the fortunes of Israel as it begun to exploit these natural resources. The location of Israel next to the major oil producers in the world had not helped it meet its energy demand given the hostile relations between Israel and most of these nations.  

Essentials of Managerial Finance Essay Example | Topics and Well Written Essays - 500 words

Essentials of Managerial Finance - Essay Example Furthermore, although there is insufficient liquid assets to fulfill present responsibilities, Functional Profits are in plenty and hence sufficient to facilitate the debt. In the airplane industry the debtors that owe Southwest airlines are among the worst with 7.75 days’ worth of unsettled earnings. This suggests that sales need to be dealt with in a more appropriate and effective manner. Last, records appear to be thriving managed as the Inventory Processing Period is characteristic for the business, at 10.08 days. According to Southwest airline’s statement of returned earnings in 2010, they had earnings of $0.74 per share on 01/20/2011. The liquidity ratio which is normally the ratio of the current assets over the current liabilities is used to determine whether Southwest airlines can meet their short term financial responsibilities. Their liquidity ratio was 1 meaning their current assets was equal to their liabilities. The asset management ratio shows whether the assets of southwestern airlines are being utilized appropriately. Their assert management ratio was 0.8 and hence meaning they were slightly below the safe level of asset management ratio. The debt management ratio which is also commonly known as financial leverage ratio will determine the probability of the firm going bankrupt or experiencing financial upheavals in the future. The debt management ratio proved to be at a good level of 58.8. The market value ratio generally looks into the performance of Southwest Airlines in the stock market. Their market value ratio was at 8.99% Financial statements are used by the major shareholders and owners of the firm to be able to make sound decisions regarding investing in corporations and also to be able to see which areas the firm need to be improved. It is also a detailed analysis of the financial health of the corporation and hence investors get a clear view of the fairing of the corporation. Financial statements are also