Essay Ethics and Compliance - Hewlett Packard

Words: 1693
Pages: 7
Open Document
Ethics and Compliance - Hewlett Packard

Introduction

How a company conducts business is important. The U.S. Security and Exchange commission has established guidelines for publicly traded companies so investors and creditors have easy access to the information they need to evaluate the risk to invest or extend credit to a company (Kimmel, Weygandt, & Kieso, 2007). In this paper Hewlett Packard’s ethics policy, U.S. Security and Exchange compliance, financial ratios reported in their 2006 and 2007 annual reports, and filing with the U.S. Security and Exchange Commission are examined.

HO Ethical Behavior

According to Mark Hurd, Chairman and CEO of Hewlett-Packard the company wants to be known for ethical leadership …show more content…
In the following paragraphs the calculations show the finding of these various ratios using Hewlett Packard’s Financial Statements and will also explain what each ratio shows about the financial health of the company.

Current Ratio The Current Ratio can be simply found by dividing the company’s current assets by its current liabilities (Current ratio = Current assets/Current liabilities). This rate can be defined as “a company’s ability to pay its current obligations from current assets” and is also a measure of liquidity (Friedman, Jack P. 2000). From our calculations, for every dollar Hewlett Packard spent $1.35 (for 2006) and $1.21 (for 2007) was either cash or should have become cash during each year. Even though Hewlett Packard’s current ratio for either year is significantly lower than that of the desired 2:1 ratio many industries aspire too, this does not mean that the company is not capable of meeting its obligations. This just means that if the current assets were to deteriorate by 50%, then the company might encounter problems in paying its debts.

Debt Ratio

Debt/Total assets). This ratio measures the company’s use of debt financing, and is a measure of the company’s financial leverage. From the calculations it shows that Hewlett Packard’s debts were financing 47% of the assets for 2006, and financing 50% of the assets for 2007. These rates indicate that the value of assets for 2006 could have dropped
Show More

Related Documents: Essay Ethics and Compliance - Hewlett Packard

Meg Whitman Leadership

A study on Meg Whitman and Hewlett-Packard George Davies Dr. Laura Poluka Business 520 Organizational Behavior 9/01/13 1 A Study on Meg Whitman and Hewett-Packard Introduction Meg Whitman was born Margaret Cushing Whitman on August 4, 1956, in Cold Spring Harbor, Long Island, New York. The youngest of the Hendricks and Margaret Cushing’s three children, Meg grew up in Cold Harbor Spring, New York. Her father worked for Wall Street while her mother was a stay-at-home mom. Confident and…

Words 2009 - Pages 9

Essay on Business: Hewlett-packard and Hp’s Strategy

1. The Hewlett-Packard board of directors failed to fulfill its duties to the company’s share owners. Through all the fighting and bickering, the board of directors disagreed with one another on various topics and violated their duties by acting in self-interested ways. Hp’s CEO Fiorina had little respect for HP’s board of directors and their opinions, creating a divided and hostile environment. This caused Perkins, Keyworth, and Hackborn to function as a “board within a board”, violating their duty…

Words 423 - Pages 2

Corporate Responsibilty and Marketing Strategies Essay examples

Promotional and Advertising Strategies Contemporary Business This assignment based on Apple Corporation, about current position and reputation regarding ethical and social responsibility also the strategies that it currently employs to market its products. Apple Inc, is an American multinational corporation and world’s second largest information technology company; they designs, develops and sells consumer electronics, computer software and personal computers…

Words 1933 - Pages 8

Integrity and Its Relationship to Trust Essays

Trust – the new bottom line Jim Hetherton considers the business case for Trust Contents Trust is News Integrity and its relationship to trust Are these issues affecting your organisation? Trust and how to repair it and build it OnTrack International About Jim Hetherton 3 5 6 7 9 10 Trust is News 2011 has given the public plenty of reasons for a building sense of mistrust. The UK phone hacking scandal has hit Rupert Murdoch where it hurts most - in the wallet. According to the BBC, the…

Words 2768 - Pages 12

Essay on Apple vs. Microsoft

The purpose of this paper is to analyze the leadership, structure, and culture of two of the most influential and newsworthy companies in the technology sector: Microsoft and Apple. We will examine how the differences in the three aspects make companies different, and how leadership, culture, and structure influence each other in determining how the company operates and performs. Microsoft is the world’s leading supplier of computer software, specifically focusing on development, manufacturing…

Words 4116 - Pages 17

Inkwell Ltd Essay examples

INKWELL LIMITED An evaluation of the internal controls and an investigation of the accounting system at Inkwell Limited. Student Name: Paul Michael Bantusitse AAT Number: 10416343 I testify that the following report is my own unaided work and a true reflection of the organization. Signed: Dated: Table of Contents 1. TERMS OF REFERENCE 3 2. EXECUTIVE SUMMARY 3 3. METHODOLOGY 3 4. INTRODUCTION TO THE…

Words 6191 - Pages 25

Managing Information Technology (7th Edition) Essay

CONTENTS: CASE STUDIES CASE STUDY 1 Midsouth Chamber of Commerce (A): The Role of the Operating Manager in Information Systems CASE STUDY I-1 IMT Custom Machine Company, Inc.: Selection of an Information Technology Platform CASE STUDY I-2 VoIP2.biz, Inc.: Deciding on the Next Steps for a VoIP Supplier CASE STUDY I-3 The VoIP Adoption at Butler University CASE STUDY I-4 Supporting Mobile Health Clinics: The Children’s Health Fund of New York City CASE STUDY I-5…

Words 239873 - Pages 960