Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
While the firm makes certain claims, which are also backed by its annual reports, we need to see how other objective sources discuss the situation at Dover. Do they really believe that Dover has more to gain than lose from its acquisitions? Are their assessments consistent with the thinking and beliefs of top-level managers at Dover? It appears that the news is good for Dover Corporation. The independent sources indicate that the firm has been able to generate considerable cash flow from its various operations and is in a strong position as market leader. It has also been found that cash flow situation improved tremendously between Dec 2005 and June 2006. The table below shows that increase and it has been derived from the following source:
Condensed Consolidated Statements of Cash Flows
Six Months Ended June 30, 2006
Cash Flows from Continuing Operations (in thousands) 2006
Cash Flows Provided by (Used in):
Operating activities
Investing activities
Financing activities
While the cash flow from continuing...
The cash generated by investment activities "as $31.4 million compared to a use of $73.3 million in the prior year period, largely reflecting proceeds from the closing of the sale of Tranter PHE in 2006, partially offset by higher capital expenditures in the 2006 period. Capital expenditures in the first six months of 2006 increased $31.6 million to $86.9 million as compared to $55.3 million in the prior year period primarily due to investments in plant expansions, plant machinery and information technology systems reflecting higher sales and market demand." (Yahoo business report)
While the firm is true about its increased revenues and is rightly optimistic about its cash flow situation, it needs to pay closer attention to the revenues exclusively generated by its acquired businesses and investment activities.
Reference:
1.) Summary of Dover Corporation: Yahoo Business. Retreived online 6th September 2006 at http://biz.yahoo.com/e/060725/dov10-q.html
Reference:
1.) Summary of Dover Corporation: Yahoo Business. Retreived online 6th September 2006 at http://biz.yahoo.com/e/060725/dov10-q.html
76). As automation increasingly assumes the more mundane and routine aspects of work of all types, Drucker was visionary in his assessment of how decisions would be made in the years to come. "In the future," said Drucker, "it was possible that all employment would be managerial in nature, and we would then have progressed from a society of labor to a society of management" (Witzel, p. 76). The
More than 44% of users see noticeable indications of benefits from laser treatment within the first 6 weeks. Another 45% see results in 6 to 12 weeks. The remainder sees less dramatic results after 12 weeks. (White Cliffs 2008) 2.3: New Business Strategy Parnell proposes a number of questions regarding business strategy, including "Is strategy-making an art or science? Should a strategy be publicized or kept largely secret? Is consistency or flexibility more important?
Bringing Dick's Sporting Goods Into Mexico Dick's Sporting Goods is a company that is specialized in the manufacture and sale of sports gear within America and other 45 states around the world. It was started in the year 1948 by one ex-soldier, Richard Stack. After the World War 2, Richard retired and started this company. In a short while, the company grew to countries beyond the United States of America. The
Movie Analysis: Erin Brockovich (2000) And Flash of Genius (2008) Erin Brockovich (2000) and Flash of Genius (2008): Movie Analysis Business law is the branch of law that deals with how persons and businesses interact in merchandising, trade, and commerce. The movies 'Flash of Genius' and 'Erin Brockovich' are perfect demonstrations of how business law is used to resolve day-to-day conflicts in the interaction between persons and corporations. This text reviews the
From this came our insistence on the drama of the doorstep" (cited by Hardy 14-15). Grierson also notes that the early documentary filmmakers were concerned about the way the world was going and wanted to use all the tools at hand to push the public towards greater civic participation. With the success of Drifters, Grierson was able to further his ideas, but rather than directing other films, he devoted his time