Computer Arts 3D text Tutorial

Full Tutorial: http://mos.futurenet.com/pdf/computerarts/ART152_tut_4.pdf

Financial Crisis USA 0.3 Crude Oil & OPEC

The biggest decline in Crude oil prices from its height we saw in July.
So why did the oil price start falling like this after it was peaking to record high?

With the bad economy consumer spending started going down. With that demand for gas in developed countries start decline for the first time. With the bad demand, the expected decline in prices is what we are seeing now.

This week OPEC CEO Chakib Khalil had discussions about reducing the crude oil production to stop the fall of prices. With a low demand cut in quantity will help stop falling crude oil prices. But the question is, "is it going to help the global economy which is in the thin ice of a recession"

If as a result of this reduction of production of Oil, prices start going up, it will not necessarily help to boost the bed rock of economy; consumer spending.

If you have any comments about whats happening today with the crude oil prices and how it will effect your life, dont forget to leave a note here.

Financial Crisis USA; 0.2 Gold Price Collapses

Date: Oct 22, 2008

More and more interesting things starting to happen as we see US economy stumbling. Latest of all from businessweek is the plunged Gold price per ounce.

In this post I am going to relate the effect of market condition to my close venture, FAARO Jewelry.

The news was Gold price went down to $735/oz 13 month low (Businessweek.)Caused by stronger dollar created with high demand for dollar and the fear of global recession. As global recession fears have create huge fear in investors mind to cause another big loss for DOW Jones Index average.

Lets talk about the effect of this to our venture, FAARO Jewelry. Direct effect we experienced at FAARO inc. is where we use gold at first, which is FAARO manufacturing facility in Sri Lanka. Although this facility is located in Sri Lanka changes in Gold price at NY stock exchange are very well reflected in SL gold market. But FAARO buy gold at whole sale price from trusted suppliers, who would take several days to reflect this change in gold prices in their actual gold wholesale price. If we assume the wholeseller also reduce the Gold price to reflect the drop to $735/oz., at FAARO facility we can purchase Gold at lower cost with these conditions. With FAARO's FIFO inventory valuation method these changes will be very well reflect in Cost of Goods sold.

From managerial standpoint of FAARO, the drop in Gold cost will give us as option to cut back on our production cost of Jewelry (Gold jewelry, in particular.) With metal cost representing 43% of the cost of goods sold, this drop will make a big difference.

Overall, change in gold prices are not only helping FAARO jewelry buy gold at lower cost but it also create an opportunity for FAARO with the option of reducing production costs and cutting back on prices to better suit for slow economy.

I would really like to hear your comments about the today's topic; Gold and its implication to FAARO Jewelry. Please dont forget to leave your thoughts.

Financial Crisis USA part 1

So it would be shame to not mention anything about the financial crisis going on in the USA at the moment. As I have been following closely to the rollercoaster rides of the DOW Jones index, I have found some great sources of intellect.

So where did all this begin? the US war with Iraq?

Will this become a great depression like in 1930s? No, but the future generation will definitely call this "Great repudiation"
The root cause of this crisis lies on the foreign debt that US holds. There is a $3trillion debt hold by US over past few years. These were borrowed from countries like China, Germany, Japan, and Saudi Arabia. And US financial institutes used this borrowed money for mortgage loans. As we have been hearing all the time from SEC chairman Henry Paulson, and Ben Bernke, the loans offered to people who didnt have sources to pay them back are causing much of this lag in the money for financial institutions in US.

Any how, the $700 billion dollar plan to buy back troubled (above mentioned) institutions who got them selves screwed over by giving mortgages and lending money to people who didnt have a way of paying back, has increased the burden that US tax payer had. Which was about $30k per person.

Much of the plan to buy back stakes of US banks with that money, as we saw caused the highest gain in DOW. But declining again...
It might still not be the time to invest in the market to bag up the gains when DOW shoot up.

Photoshop Enpowerment: Enhance your graphic with Florals

Finished result

FinAnalysis: ROA and ROE

ROA: return on assets

ROA = Net Income/ Tot. Assets

Definitions:
1. An indicator of how profitable a company is relative to its total assets. -Investopedia.com
2. what the company can do with what it's got - wikipedia

Analyze formula:
this ratio you can find netincome per unit of total assets. Which means how much income have we generated for every unit of assets we consumed in the business or every unit of assets the business has.

Implication:
We can use this ratio to find if company/firm is efficiently using its assets to generate income.
Higher the ROA - better, more income from assets, and company using assets very efficiently to generate their income.


ROE : Return On Equity (basic form)

ROE = Net income/ Total Equity

Definition:
1. A measure of a corporation's profitability that reveals how much profit a company generates with the money shareholders have invested. -investopedia.com

Analyze ratio:
This ratio divide netincome per unit of equity.

Just like ROA this ratio tells how much income a firm generate per unit of stockholders equity money they have invested in the company. So from a stockholders perspective higher ROE mean the company is generating lot of income from their money. Which is a good thing for investor as it can generate higher return and possible divident for them.

As for the firm, higher ROE mean they are pleasing shareholders and they are using that equity money efficiently to generate income.

Graphic Designing: Simple Business card

Simple 45degree theme business card. This design is designed with more composure and freed up lot of white space for easy viewing the information from the business card.
It is a vertical design which is becoming popular in new ways people use business card to differentiate themselves.
If you are a graphic designer, the way your personal B-card look gives a good impression in differentiating you. As graphic designers usually prepare a portfolio of designs when applying for jobs, it is also a positive thing to give away your personal business card.