Team Industry research Essay Example | Topics and Well Written Essays - 1000 words

Team Industry research - Essay Example The company’s net sales for the third quarter of 2014 increased by 15 percent. The net income for the company for the third quarter 2014 was 404 million dollars. Chipotle Company is a fast food firm that specializes in tacos and burritos. The chipotle is a Mexican Spanish name, which implies dried and smoked fast food. The company mission statement and marketing strategy is based on philosophy of food with integrity, which depicts its efforts in utilizing organic ingredients and serves natural food than other established companies such as Taco Bell. Chipotle Company was established in 199 with the intention to serve quality and good food with an experienced that redefined and exceeded fast food experience (Shambora n.p). It is significant to note that the company source locally produced organic food. They utilize dairy ingredients raised in absence of synthetic hormones. In order to show its growth and success, the company ended its third quarter in the year 2014 with a whooping net income of more than 57 percent. The net sales of the company increased to nineteen percent during the third quarter, which the company said it was because of sys tem wide menu price hike. Compared to the Chipotle’ strategy, the Taco Bell strategy revolved on maintaining the current customers and ensuring that they are able to obtain the preferred flavors and taste. The strategy did not consider the impact of the dynamic change in customer preference. The change in the taste and preference of the consumer market affected Burger King Profits and sales, which is an indication of the failure of the strategy (Moskin n.p). In fact, the strategy by Chipotle was different and involved the development of products focusing on the entire market, while Taco Bell focused on super fans for long leading to serious challenge and reduction in the market share. In

Doubt Essay Example | Topics and Well Written Essays - 500 words

Doubt - Essay Example The play has utilized many symbols to represent certain elements which either constitute or supplement the core theme of the play. The title of the play itself is ideally framed to contain the key theme that the play intends to communicate. The subtitle ‘parable’ communicates to the audience that it has an inner symbolic message to convey. The whole play is casted in the background of the Catholicism. The play starts with Father Flynn delivering the holy sermon. The pulpit which is set on the stage, ideally serves as a symbol of Catholicism, which is the foundation of the play. However, two very important identifiable symbols used in the play are the rigid and strict approach of Sister Aloysius and one another symbol is the unconventional behavior of Father Flynn as a priest. Quite often in the play Sister Aloysius is found arguing or stating a point strongly. In either case she is found with her fists closed. This is a symbol to represent how closed the existing system was. It is notable throughout the play that Sister Aloysius is very dedicated towards the students. She is portrayed as a very strict principal who is very rigid on each and everything which happens in the school and with the students. Authoritativeness is her norm of teaching. She is a symbol of a system which works on set norms and does not divert from those.

Coca Cola Strategy Essay Example for Free

Coca Cola Strategy Essay Slide1: International strategy (tià ªu Ä‘á »  cá » §a slide nhà © c) The enterprise has core competencies = the competitors in the host country does not have or difficult to develop, catch up or imitate Being not under pressure to localize products and to reduce production costs Companys head office played a central role Slide 2: International strategy of Coca Cola (1900 to 1950) 1899-1909: added to 379 bottling plants across the United States for consumption of about 70 million liters / year. 1906: developing the first bottling plant in Havana, Cuba = marked the first step of Coca cola international market 1936: World War broke out = the bottling plant follow the army and when the war ended, coca has owned subsidiaries in 64 countries. 1950: Coca cola started advertising on TV = effects promote in worldwise Slide 3: Global Strategy A business strategy as global market or single market Company produce and deliver the products which are standardized and identical. Businesses build production facilities globally in locations with low cost as the basis for operational efficiency = save cost The operation of the system will be connected and coordinated through a central management official Make the business does not pay attention to the important differences between different markets = opportunity for competitors to jump in and meet the needs Slide 4: Global Strategy of Coca cola (1950 to early 2000) Coca-cola implementing global business strategy by: producting homogeneity, uniforming marketing strategy worldwide. In the 1970s and 1980s: + very diversified distribution system in both horizontal and vertical, + the bottling plants of Coca-Cola were on around the world + linked the retail stores to serve consumers better. In the 1990s: find new market with the advantages of the new front to the market = Africa and Asia Slide 5: Transnatoinal strategy Make a separate strategy for each country in which businesses consume their  products. Implemented localized products and methods of marketing products to suit the tastes and preferences of each national market Slide 6: Transnatoinal strategy of Coca cola (from 2000s to now) Set up independent subsidiaries, joint ventures in different markets = carry out the research and development stage products, manufacturing and marketing products in the local market. In the early 2000s: success on a global scale with nature is a business providing consumer goods Local adaptation Think local, act local: strategy towards adaptation but not contrary to the traditional strategy of company-global strategy Distributed organizational structure according to geographic area, including five areas: -North America Latin America. Europe, Asia, Europe and the Middle East borders. Asia Africa. Slide 7: Localization strategy of Coca cola: Localization strategy: the practice of adjusting a products functional properties and characteristics to accommodate the language, cultural, political and legal differences of a foreign market or country. For Coca Cola this will be done through a number of actions, first is changing their method of advertising. Ex: In India the use of celebrities would be used more than in Africa whereby football is the bigger love of the people Coca-Cola decided to change their iconic product name to something a little more consumer-friendly for Chinese market, adopted to use Chinese characters to present a truly localized version of their logo. Cuá »â€˜i cà ¹ng là   cà ¡i clip t gá » ­i hà ´m trc nhà © Há º £i.

An Examination Of Explosive Compaction Environmental Sciences Essay

An Examination Of Explosive Compaction Environmental Sciences Essay 1.0 Introduction Explosive compaction has been used in various projects throughout the world over the last 80 years. Explosive compaction involves placing a charge at depth in a borehole in loose soil (generally sands to silty sands or sands and gravels), and then detonating the charge. Several charges are fired at one time, with delays between each charge to enhance cyclic loading while minimizing peak acceleration. Often several charges will be stacked in one borehole with gravel stemming between each charge to prevent sympathetic detonation. Explosive compaction is attractive, as explosives are an inexpensive source of readily transported energy and allow densification with substantial savings over alternative methods. Only small-scale equipment is needed (e.g. geotechnical drill or wash boring rigs), minimizing mobilization costs and allowing work in confined conditions. Compaction can be carried out at depths beyond the reach of conventional ground treatment equipment. Most explosive compaction has been driven by concerns over liquefaction, and has been on loose soils below the water table (and to depths of nearly 50 m). (W. B. GOHL, 2000) However, compaction also increases ground stiffness and strength, and explosive compaction has wide application for general ground improvement . 1.1 Backgrounds on explosive compaction In 1936, explosive compaction was first used for the densification of a railway embankment at the Svirsk hydroelectric power project in the former Soviet Union (Ivanov, 1967). Ivanov notes that up to 44cm of settlement occurred as a result of 3 blasting coverage, but the blasting caused extensive cracking of the overlying unsaturated soils and was not considered successful. The first successful application of explosive compaction was performed in the late 1930s to dandify the foundation soils for the Franklin Falls dam in New Hampshire (Lyman, 1940). Soon following the work at Franklin Falls dam, the effectiveness of this technique was confirmed by its successful performance for compaction an hydraulic fill dike on the Cape Cod Canal and by several tests at the Dennison Dam in Texas and the Almond Dam in New York. These cases concluded that blast densification could be widely used for compaction loose cohesionless soils that are substantially saturated. In 1967, Ivanov presented a ma nual on explosive compaction which provides guidelines for the placement and sizing of the explosive charges used in compaction. However, in most explosive compaction projects several short columnar charges are placed in each blast hole, and neither set of available guidelines appears valid. More importantly, these guidelines present no method to estimate the impacts from the blasting or final soil properties achieved. (Mitchell, 1995) 2.0 Cohesionless soil Explosive Compaction is conducted by setting off explosive charges in the ground often applicable to cohesionless soil. The explosive energy will caused cyclic straining of the soil. This strain process, repeated over many cycles caused by the sequential detonation of explosives, induces a tendency for volumetric compaction of looser sub soils. It is thought that shearing strains are responsible for this volumetric compaction, particularly at distances more than a few meters from a blast hole. In saturated soils, the overburden pressures are thrown onto the pore fluid and excess pore pressures develop during blasting, which caused a shakedown settlement of the soil. If strain amplitudes and number of cycles of straining are sufficient, this will caused liquefaction of the soil mass (i.e. pore water pressures temporarily elevated to the effective vertical overburden stress in the soil mass so that a heavy fluid created). The reconsolidation of the soil mass caused by the dissipation of water pressures is time dependent, generally happens within hours to days. This depends on the permeability of the subsoils and drainage boundary conditions, and is reflected by release of large volumes of water at the ground surface. Immediate volume change can happen and is caused by passage of the blast-inducted shock front through the soil mass. 2.1 Disadvantage Issue associated with explosive compaction is it results in large amount of gas being released into the soil water system, in the form of nitrogen oxide, carbon monoxide and carbon dioxide. Release of carbon dioxide may lower the PH of the ground water and this may increase the ammonia level. Both nitrogen oxide and carbon monoxide are both poisonous substance in the air and venting is necessary if blasting is carried within confined areas. Hence, the chemical make-up of a particular explosive and its by-product should be reviewed for every project in order to assess its suitability for use at a particular area. 2.2 Blast hole pattern The blast hole pattern generally use a staggered rectangular grid of boreholes at spacing of 4 to 9 metres. This pattern is used to provide a pattern of two or more phases within the treatment area. The initial phase will destroyed any bonds existing between the cohesionless soil particles. Subsequent passes cause additional settlement after pore pressure dissipation. Once the area has been shot and pore pressures have largely dissipated, repeated applications of blast sequences will cause additional settlement depending on soil density and stiffness. Bore holes are drilled over the full depth of soil deposit to be treated, and 75 to 100 millimetres diameter plastic casing is installed. The casing will support the loaded explosive at one or more levels within the boreholes, with each charge separated by gravel stemming. The stemming will reduce the back blast and encourage the crater effect. The number of holes detonated in any shot will depends on vibration control considerations an d the effect of liquefaction and settlement on adjacent slopes and structures. The advantage of using multiple blast phases is the increase of settlement and more uniform densification. This is because local soil loosening can occur immediately around a charge, subsequent passes of blasting from surrounding boreholes are designed to re-compact these initial loosened zones. Therefore at least two phases are usually recommended for explosive compaction. 2.3 Instrumentation The instruments used for an explosive compaction projects generally includes the following: Surface geophones to measure vibration response at critical location. Pore pressure transducers to measure residual pore pressures generated by blasting. Hydrophones installed in water-filled casings near blast zones used to identify charge detonations. Sondex tubes to measure settlements with depth in a soil profile after blasting. Ground surface settlement measurements Inclinometers where blasting is carried out near slopes to measure slope movement. In some projects, additional confirmation of explosive detonations is required, electronic coaxial cables are installed down the blast holes and used to measure firing times of explosive deck using high speed data acquisition systems. Alternatively, high speed filming of the firing of non-electric delays can also be employed to monitor charge detonations. Standard Penetration Testing (SPT), Becker Penetration Testing (BPT) or electronic Cone Penetration Testing (CPT) is commonly used to assess the improvement in soil density after explosive compaction. For sand and silt areas, CPT is considered to provide the most reliable and reproducible results. 3.0 Cohesive Soil Explosive Compaction has been a method used in past decades for the compaction of loose granular soil. However, the use of explosive compaction for cohesionless soil, such as clay, is rare. A new explosive method for replacing soft clay with crushed stones by blasting has been development by Yan and Chu[8], which is called explosive replacement method. Meanwhile, this method has been used in conjunction with a highway construction in China. 3.1 Outline of the method There are three main steps described by Yan and Chu [6] to achieve the replacement method, which are: The explosive replacement is set up as shown in fig1. The explosive charges are first installed in the soil layer, and then crushed stones are piled up next to it on the side of the site that has been improved. When the charges are detonated, the soft soil is blown out and cavities are formed. At the same time, the crushed stones collapse into the cavities. In this way, the cohesive soil is replaced with crushed stones in rapid manner. The soil that is blown into the air will form a liquid and flow away after it falls to the surface. The crushed stones after collapsing from a slope of 1V:3H or 1V:5H, as shown in fig1(b). The impact of the explosion also causes an instantaneous reduction in the shear strength of the soil below the level of explosion so that the crushed stones can sink into the soft clay layer. The stones help the soil at the bottom to consolidate, and the clay itself will also remain part of its original strength after explosion. The explosion also has a densification effect on the gravel layer below the clay layer. More crushed stones are backfilled to from a leveled ground and steeper slope, as shown in fig1(c). Fig 1.(a)Before explosion; (b) After explosion; (c) After backfill 3.2 Ground-probing radar(GPR) tests GPR test is used to detect the distribution of the crushed stones in the soft clay. The radar system transmits repetitive, short pulse electromagnetic waves into the ground from a broad bandwidth antenna. Some of the waves are reflected when they hit discontinuities in the subsurface, and some are absorbed or refracted by the materials that they come into contact with. The reflected waves are picked up by a receiver, and the elapsed time between wave transmission and reception is automatically recorded.[Koerner R.M. Construction and geotechnical methods in foundation engineering. McGraw-Hilll, New York,1984] 4.0 Explosive Compaction Design Explosive Compaction Design is based on empirically methods, which had been presented by Narin van Court and Mitchell (refer 1). Wu (refer 2) developed the explosive compaction design by using the finite element model. His model applies dynamic cavity expansion theory and assumes that a charge detonation may be idealized by assuming a blast pressure-time input applied normal to the surface of a spherical cavity. The charge weight per delay is proportional to the size of the spherical cavity, thus larger charge weight could result in larger cavity size and larger detonation effect. Wus model also considers the non-linear shear stress- strain response of the soil and rate dependent viscous damping. Parameters used in the Wu model are calibrated based on initial estimates of the relative densities of the granular soils and analysis of single and multiple-hole test blasts at a site. Cavity expansion theory indicates: a) multiple cycles of blasting will be more effective than single cycles; (b) the zone of influence of a given charge detonation increases as the size of the cavity increases (c) charge weight should be increased as the depth increases. (Refer 3 Gohl et al, 2000). The design of explosive compaction often begins with Hopkinsons number (HN) and Normalised Weight(NW) as: Where Q is the charge weight in kilogram and R is the effective Radius in plan (metre). However, due to the infinite combinations of charge weight with radius, a suitable HN can be difficult to select. Meanwhile, explosive compaction typically uses columnar charge and a good correlation of energy attenuation by the square root method is demonstrated, so this attenuation function is used in the following analyses, and the energy input attenuation is derived as: where Wi is the weight of individual charges around a point in the soil mass(g), and Rvi is the minimum vector distance from a charge to a point in the soil mass(m). The distance between charges can be estimated as: Where, to allow some overlapping, should be taken to be less than 2. In those equations, HN, NW and E are constants. However, for a given value of HN, NW or E, the above relationships may provide infinite combinations of charge weight with radius. Furthermore, it is difficult to select suitable values of HN, NW or E1 in practice. Based on blasting mechanics, a new set of equation has been derived by Yan and Chu (2004) [6], and the finally radium could be govern as follow : Where Pk is a pressure constant in Pascal, is the density of the explosive in kilogram per cubic metre, D is the velocity of the explosive in metre per second, Pa is the atmospheric pressure in Pascal, Qis the mass of the explosive,is the unit weight of soil in Newton per cubic metre and hc is the thickness of the soil above a cavity in meter. The distance between charges can be estimated as: Where, to allow some overlapping, should be taken to be less than 2. In addition, Gohl has developed an equation to approximate the charge effectiveness in a given soil type and it is derived based on the Hopkinsons Number and it is given as the following: Where e is the fraction of maximum achievable vertical strain and k is a site factor related to the soil properties and damping. From past project, k was found to be 81 to 143. 5.0 Conclusion Explosive compaction uses the energy released by completely contained detonations within the soil mass to rearrange the particles into a denser configuration. This technique offers several advantages over other soil improvement techniques. especially with regard to the cost, soil type, and depth effectively treated. Moreover, explosive compaction is an effective and predictable method for both cohesive and cohesionless soil. In which explosive replacement method for cohesive soil is newly developed. Although this compaction method has been used for decades, under a variety of site and environmental conditions, explosive compaction has not achieved general acceptance in civil engineering. Therefore, further development is encouraged and due to the physical testing restrains, possibly numerical simulation will develop in future.

Mary Shelleys Frankenstein :: essays research papers

Mary Shelley's Frankenstein   Ã‚  Ã‚  Ã‚  Ã‚  The book opens with a scene of a ship in the Arctic Ocean. The ship is stuck in the ice and unable to move. Robert Walton, the ship's captain, is writing letters to his sister back home. The letters tell of his explorations and the events that occur on the ship. Walton's crew pulls abord a lifeless body and revive the man back to life. This man is Victor Frankenstein. Walton and Frankenstein talk about why Victor is in the Arctic and Victor explains the horrible and tragic story of the past few years of his life.   Ã‚  Ã‚  Ã‚  Ã‚  Victor was born to a very wealthy and popular family. While he was still young his parents adopted a young girl with whom Victor would grow up with and eventually fall in love with her. Victor goes through medical school and becomes very good friends a classmate, Henry Clerval. Even though Victors young life seams perfect it is all about to change. Victor's mother died when he was still young and her death would change him for the rest of his life. After Victor's mother's death Victor swore he would conquer the mortality of humans. Victor, once he was out of medical school, he began to work on his theory of conquering death. He collected numerous body parts and put them together and used a special technique to bring the corpse to life. At first Victor thought he had failed, but the creature sat up and was alive. Victor was horrified by his own creation and fled his laboratory. The monster then disappeared into the city. Two years pasted and the monster wasn't heard from, until something terrible happened. Victor's younger brother William was strangled to death. It was believed that William's nanny and close friend of the family, Justine, had murdered him. A lynch mob gathered and drug her off and hanged her. Later on Victor saw his creature and realized that the monster murdered his brother not Justine. Victor still in shock after his brother's death went to the mountains. The monster followed him there. When Victor stopped the monster confronted him. The monster explained to Victor how he survived while in hiding. He told Victor of the family he watched through a crack in the wall of the abandoned shack he stayed in and how he learned to read, write, and talk from these people.   Ã‚  Ã‚  Ã‚  Ã‚  After a long and detailed conversation the monster told Victor of his deal. The monster wanted Victor to create another being similar to himself. The monster realized that he was hideous and that no normal human could or would

Norman Mailers An American Dream: The Character of Steven Rojack :: essays papers

Norman Mailer's An American Dream: The Character of Steven Rojack In almost every genre of literature there is the classic antagonist, and the classic protagonist. When examining these characters, there are certain guidelines which authors follow. However, there are times in literature when the classic guidelines are broken, and a new prototype emerges. Contemporary writer Norman Mailer broke the mold of the classic character(s) when writing the novel, An American Dream. In An American Dream, there is no set protagonist or antagonist. In fact, Mailer has taken these two separate identities and merged them into one character. The product is the main character of the novel, Steven Rojack. Throughout the novel the reader isn't sure if they want him to succeed, or fail. This is due to Rojack's ever-changing personality. He first seems like the perfect man, a decorated war hero who knows all the right people. However, shortly after this impression is made another is formed. He murders his wife in cold blood and lies to the police, claimi! ng she committed suicide. As the novel continues however, Rojack realizes the horror of his crime and even confesses what he has done to a woman he loves. Due to the realization of his crime, he is redeemed in the eye of the reader. From this point on, the reader wants Rojack to succeed. However, before final judgement can be passed, it is imperative that Rojack^s entire character be explored. Steven Rojack is first introduced as a prominent man in society who becomes recognized due to his decoration in military service. Through this service he became close with many famous politicians, Jack Kennedy being one. It is through Jack that Rojack meets his first wife, Deborah, a woman who he describes ^would be bored with a diamond as big as the Ritz^ (1) After serving a term in Congress, he and Deborah marry. Unfortunately, the relationship they have is one in which Deborah has full control. As he continues to describe the relationship with his wife it is often filled with bitter memories. He remembers going to parties where she would compare his worth to that of another man^s. It is from this that a bitter hatred stems towards Deborah. Finally, after seven years of marriage, they separate. However, after the separation, Deborah^s needs are still covered by Steven, who is now a college professor and the host of a popular TV show. In addition to this Deborah main! tains a close contact with him, seeing him whenever she desires.

Pinnacle Manufacturing Part

Part I. c – Summary of Observations Including Assessment of Business Risk Based on the financial ratios calculated, it appears that Pinnacle Manufacturing (the â€Å"Company†) is both using up cash assets and increasing its debt. The Cash Ratio has declined each of the past three years indicating that the Company has a decreasing ability to pay its current liabilities from cash and will be required to liquidate assets to pay off current liabilities. The Current Ratio has also declined each of the last three years. In 2009, it was 218. % or 2. 186. This means that for every dollar of current liabilities the Company had $2. 18 in current assets with which to pay those liabilities. Inventory Turnover has declined from 4. 04 times per year in 2009 to 3. 78 times per year in 2011. This would seem to indicate that sales are slowing and inventory is not being sold as quickly as in prior years. This is further supported by the increasing Days to Sell Inventory number. In 2009 D ays to Sell Inventory was 90. 44 and had grown to 96. 48 days in 2011.This makes it important to assess inventory obsolescence in light of these numbers. Debt to Equity has increased significantly from 2009 to 2011. In 2009, the Debt to Equity Ratio was 70. 81%. In 2011, it had grown to 96. 48%. This might indicate that the Company does not have room to continue to borrow should it need cash to operate. If borrowing is not available as a financing tool, it is likely that the Company might need to look to its stockholders for additional cash or resort to more costly forms for financing. Gross Profit Margins have declined from 29. 1% in 2009 to 27. 5% in 2011. This ratio is helpful analytically to indicate that possible misstatements might exist in the areas of sales, COGS, A/R and inventory. As noted above there is already a negative trend in inventory for the Company. Similarly, Profit Margin for the Company has declined from 3. 77% to 2. 84% between 2009 and 2011. A decline in prof it margin can signal misstatements in various operating expense accounts and balance sheet items. It can also simply signal a declining business trend for the Company.Return on Assets shows the Company’s ability to generate a profit based on assets and equity. In 2009, the Company’s profit margin was 3. 07% and in 2011 it had fallen to 1. 91%. Overall, the Company appears to have slowing sales leading to growing inventory. The Company is increasing its debt burden to help cash flow since sales seem to be declining and inventory is growing. The profitability of the Company is declining steadily. Finally, if the Company finds itself in default of any loan covenants it will have to liquidate assets to pay its debts.Forced asset sales are never beneficial to the seller and would only exacerbate the already declining business trends of the Company. Part I. f – What Data is More Useful in Evaluating the Potential for Misrepresentations? We believe that each set of dat a has its strengths and weakness. The balance sheet data available for Pinnacle Manufacturing is extremely helpful in evaluating whether certain income statement items could be misstated. As an example, to know the trend in the asset Accounts Receivable: Trade made evaluating the income statement item Bad Debt expense easier.As a result, the financial data for the parent Pinnacle could be cross-referenced more easily. However, the subsidiary income statements allow greater detail into the business components that make up Pinnacle. A possible overstatement in one account for one of the subsidiaries could be cancelled out by a similar understatement in the in the same account for another subsidiary. When the numbers are rolled-up to the parent company, there might not be a noticeable problem in the account. As a result possible insufficient planning would result.With the subsidiary information, an audit of each corresponding account could result in a more accurate number for the paren t company. This would appear to help acceptable audit risk for the audit firm. ? Part I. g – Observations based on Accounts Receivable, Inventory and Short/Current Long-term Debt Accounts Receivable: Trade has grown in absolute dollar amount from just under $9. 6 Million in 2010 to over $14 Million in 2011. As a result, we believe it is important to look at the reasonableness of the allowance for bad debts and bad debt expense.Confirmation of balances with customers will help to uncover any discrepancies between Pinnacle and its customers about amounts owed and paid. This could impact the internal control over posting of payments at Pinnacle and whether the money is being diverted through fraud. Inventory has grown from slightly over $25 Million at year-end in both 2009 and 2010 to more than $32 Million in 2011. Growing inventory could be indicative of inventory obsolescence. Obsolete inventory would be subject to a write-down in value. We would want to explore these areas.We have identified Inventory as an area of possible misstatement for Pinnacle. Short/Current Long-term debt has increased from 2009 and 2010 levels in 2011. In 2009 and 2010, the short/current portion of long-term debt was only $41,070. In 2011 it had increased to almost $4 Million. We are concerned that a misstatement has occurred. If the amount is correct, we would want to ascertain why the sudden increase. If it is due to a scheduled one-time balloon payment being due it is less of a concern than if a loan has been accelerated due to default or failure to meet certain loan covenants.The long-term solvency of Pinnacle depends on the success of its operations to raise capital for future growth and expansion as well as its ability to make payments on its debts. If Pinnacle is in default and a loan has been called or accelerated it would negatively impact the Company’s ability to borrow in the future. ? Part I. h – Going Concern Issue We assess the likelihood that Pinnacl e is likely to fail financially in the next twelve months as low. While many of the items discussed indicate that Pinnacle has some financial problems, its current ratio is still well over 1.It might be holding some obsolete inventory but even obsolete inventory has some value to generate cash. In twelve months, if the Company does not resolve its growing inventory issues and possibly rework some of its debt deals, the decision might be different. Currently, sales are growing as is Income from operations and net income. The Company has a positive cash flow which buys it time to try to fix its underlying problems. Inattention to these details could cause us to revisit this question next year with a more dire answer.