Investors calculate the acid test ratio, also known as the quick ratio or the pounce ratio. This ratio excludes inventory and prepaid expenses, which the current ratio includes, and it limits assets to cash and items that the business can quickly convert to cash. This limited category of assets is known as quick or liquid assets. The acid-text ratio is calculated by dividing the liquid assets by the total current liabilities.
This ratio is also known as the pounce ratio to emphasize that you're calculating for a worst-case scenario, where the business's creditors could pounce on the business and demand quick payment of the business's liabilities. Short term creditors do not have the right to demand immediate payment, except in unusual circumstances. This ratio is a conservative way to look at a business's capability to pay its short-term liabilities.
One factor that affects the bottom-line profitability of a business is whether it uses debt to its advantage. A business may realize a financial leverage gain, meaning it earns more profit on the money it has borrowed than the interest paid for the use of the borrowed money. A good part of a business's net income for the year may be due to financial leverage. The ROA ratio is determined by dividing the earnings before interest and income tax (EBIT) by the net operating assets.
An investor compares the ROA with the interest rate at which the corporation borrowed money. If a business's ROA is 14 percent and the interest rate on its debt is 8 percent, the business's net gain on its capital is 6 percent more than what it's paying in interest.
ROA is a useful ratio for interpreting profit performance, aside from determining financial gain or loss. ROA is called a capital utilization test that measures how profit before interest and income tax was earned on the total capital employed by the business.
Summary:
As the prevalence of autism has increased astronomically in recent years, so has the number of available treatments and education options. Parents must sift through the many interventions and decide which is best for the education of their child. More and more parents are educating themselves; the treatment options are exciting and give hope to parents of children with autism. But the task of determining which treatments and education paths are best for each child is a great ...
Keywords:
autism, special, education, speech, research, disabilities
Article Body:
As the prevalence of autism has increased astronomically in recent years, so has the number of available treatments and education options. Parents must sift through the many interventions and decide which is best for the education of their child. More and more parents are educating themselves; the treatment options are exciting and give hope to parents of children with autism. But the task of determining which treatments and education paths are best for each child is a great responsibility.
Once a child is diagnosed with autism, families have many questions and concerns. One of the major dilemmas is determining how a child with autism will be educated. Each child is different with unique qualities; the education of each child with autism is determined by their needs and strengths.
Autism is considered to be a spectrum disorder. It is a disorder characterized by symptoms that include repetitive behaviors or interests, deficits in social interaction and deficits in verbal and nonverbal communication. Furthermore, children with autism often have unusual responses to sensory stimulation. Children with autism may also display symptoms that include an inability to form relationships, delay in the development of speech, lack of imagination, repeated patterns of activities, extreme aloofness and insistence on consistency in routines and isolated areas of strong ability.
Research has determined that early intervention is crucial for children with autism. Early interventions include services from speech therapists, occupational therapists, adapted physical education, applied behavior analysis, social skills training and other therapies. Some of the services are provided through the local school district; however, many families choose to hire private therapists and aides.
Children with autism are eligible for special education services under the federal law once they turn three years old. The services include children who are in both general education and special education classes. Some parents keep their children in a general education class for their education with support services being provided for specialized needs. Many children with autism are educated in a special education class. Special education classes are designed specifically for students with disabilities and are taught by a special education teacher. A child can also be serviced by a resource specialist who is a special education teacher who either goes into a general education class or pulls students with disabilities out of the general education class. The related services that are available include school psychologists, school nurses, speech specialists, physical/occupational therapists and behavioral therapists. Other special education services available are community-based training for the older child and summer school for many special day class students. Services vary according to the child's needs. A child with autism may have difficulty with communication and may need services specifically focusing on speech and language development. A child with Asperger's disorder which is on the autism spectrum may have average or above average intelligence but may still be in need of services.
Services required for a child with autism will most likely change over time. The most important thing a family can do once a diagnosis of autism is determined, is to seek support and services. Recent reports reveal one of every 166 children is diagnosed with autism. Fortunately, the exposure of the topic is providing extensive and exciting research and hope!