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:

Diamonds are extremely expensive stones used as jewelry by royalties and rich people. Diamonds are judged based on 4 Cs - Color, Carat, Clarity and Cut.

Natural colored diamonds, especially the clear and near colorless ones, are very expensive. To make the beauty of diamonds reach a wider market, jewelers are marketing colored diamonds which are still visually appealing but a lot cheaper in price.

Gemologists have found a way to manipulate diamonds of less quality to ...

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Article Body:

Diamonds are extremely expensive stones used as jewelry by royalties and rich people. Diamonds are judged based on 4 Cs - Color, Carat, Clarity and Cut.

Natural colored diamonds, especially the clear and near colorless ones, are very expensive. To make the beauty of diamonds reach a wider market, jewelers are marketing colored diamonds which are still visually appealing but a lot cheaper in price.

Gemologists have found a way to manipulate diamonds of less quality to alter their colors to create fancy diamonds for sale. This color manipulation process can be achieved by a process called irradiation - a treatment with very high heat to alter colors. Many natural diamonds that are of inferior quality due to blemished color are turned into fancy colored diamonds of vivid yellows, blues, purples, greens, reds and other colors.

When the color of the treated diamonds becomes more intense than the Z grading of diamond, they become categorized into fancy colored diamonds. Some colored diamonds' prices can even surpass that of natural near colorless diamonds especially if the color intensity is very and the color output is rare.

In nature, there are several naturally formed colored diamonds. Most of these are very rare while some are one of a kind.

Fancy Yellow Diamonds get their color from nitrogen impurities. One of the largest fancy yellow diamonds is the Tiffany Diamond which was founding in South Africa. The Tiffany Diamond weighed 287.42 carats when it was found in 1878.

Pink Diamonds are rare and they owe their color to the irregular patterns which cause very tiny imperfections within the structure. There is only one source of rare pink diamonds which is the Argyle Mine in Australia.

Chameleon Diamonds are also very rare. They can change hue from grayish blue or olive green to yellowish green depending on the lighting conditions. When exposed to heat up to 250º C), the color can change to yellowish green or when exposed to direct sunlight, olive green. These changes are temporary.

Green diamonds are mostly found in South Central Africa. These diamonds have been exposed to gamma and neutron radiation for millions of years to get their hue. The Ocean Green Diamond and the Dresden Green Diamond have pure and intense hues.

The Red Diamond is the rarest kind among the colored diamonds. The first discovered Red Diamond is the 1 carat Halpen Red found in the 18th century. Around the world today, there are only fewer than 20 known natural red diamond specimens. The most famous Red Diamond is the Hancock Red Diamond found in Brazil which weighed only 0.95 carats. It was old for $926,000 at an auction. Other famous Red Diamonds are Moussaieff Diamond which weighed 13.90 carats and De Young which weighed 5.03 carats. Red Diamonds in the market today may reach up to $1 million per carat.

Brown diamonds are the cheapest among the colored diamonds. They are very popular nowadays because more people are buying them due to their affordability.

Summary:

With the increasingly popularity of golf, the demand to fill related careers is also on the rise. Many amateur golfers turn to a golf instructor to help them develop their techniques, so teaching golf is a viable career choice for many golf enthusiasts. Teaching golf isn’t for everyone, though. See if you have what it takes to make your living as a golf instructor.

You know everything (or almost everything) there is to know about golf. You have to know a subject extrem...

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golf instructor, teaching golf,

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With the increasingly popularity of golf, the demand to fill related careers is also on the rise. Many amateur golfers turn to a golf instructor to help them develop their techniques, so teaching golf is a viable career choice for many golf enthusiasts. Teaching golf isn’t for everyone, though. See if you have what it takes to make your living as a golf instructor.

You know everything (or almost everything) there is to know about golf. You have to know a subject extremely well if you are going to be able to teach it. Although you may be counting on having only beginning students whose knowledge of the sport is next to nil, you will most likely have intermediate and advanced students too, and they will look to you to help them hone their skills. Before you pursue a career as a golf instructor, ask yourself honestly if you have enough expertise on the sport to assume the role of an expert.

You’ve played golf, taught golf, and/or worked in other areas of the industry. Part of knowing golf is playing it regularly. If you don’t play golf regularly, you probably don’t have what it takes to teach the sport. Also, it is very helpful if you have previously taught golf or worked in the industry. If you have, you are more likely to know a lot about it. Remember, as a golf instructor you are sending the message that you are an expert on the sport, so make sure you know your golf before you take the job.

You know the techniques and theories of teaching. Simply knowing a lot about a subject does not mean you will be a competent teacher. If you don’t believe this, think back on how many teachers you had in school that were really knowledgeable, but still failed to inspire their students. In order to be an effective golf instructor, you must understand basic teaching techniques. After all, you will need to be able to communicate with students of every skill level, from the most bumbling beginners to the most assured intermediate and advanced students.

Your supply of patience runs exceptionally deep. Patience ought to be a prerequisite for any teaching job. Any time you are trying to teach knowledge or skills to someone who has next to no clue what they are doing, you are bound to run into a multitude of frustrations. A golf instructor who does not have a deep well of patience is likely to feel overwhelmed by stress and frustration every time he or she has a lesson with a truly clueless golfer.

You truly love the game of golf. You would think that a true appreciation for the game of golf would be a given for anyone looking for a job as a golf instructor, but that isn’t always the case. Other features of the job may attract prospective instructors: the flexibility of the hours and scheduling, a laid-back work atmosphere, or the nontraditional aspect of the job. However, if you don’t feel passionately about the sport you intend to teach, you will not last very long. A good golf instructor needs to be able to eat, drink, and breathe golf without getting sick of it.

Being a golf instructor may sound like an easy, fun job, but it takes a special kind of person to fill those shoes. A successful golf instructor needs to have not just one or a few of these characteristics, but all of them. Knowledge, experience, skill, patience, and passion are all necessary ingredients in the formation of an expert.

Tignes in France is a skiing location that is much different from the boarder adjacent Alps, and other skiing facilities that have put France firmly on the skiing map. The rise of Tignes, initially came with the rise of tourism in the area. During the last 10 years the facilities have been improved immensely with a new state-of-the-art training facility, and freestyle snowboarding facilities being built in the area.

Over the past 10 years, the area has welcomed over 1 million skiers from around the world and has hosted events such as the European freestyle snowboarding championship and the French Skiing open. The facility has two parallel mountains that are near local townships, making the area an ideal place for holiday makers and serious skiers alike. With a 25 000 feet slope, and on-site mountain safety rescue the area really has pulled out all the stops to place it self up their, as one of the top skiing destinations around the world. The world renowned training facility has multi-lingual instructors and even has 4 classrooms, where skiers are taken to watch footage, and get shown the ropes from a less practical perspective. The slopes 1 million visitors in the past 10 years have came from all around the world, many of which learned how to ski on their first visit to the slopes.

With many great deals for holiday makers, and with accessible road routes all over mainland Europe it is no wonder Tignes is generally considered the first choice for holiday makers looking to Ski in the region. Tignes has also went to some effort to promote itself even further by a 5 million dollar regeneration project that went on in the region. A new ski slope was built, along with the infrastructure to allow the development of hotels and even a shopping precinct. The area has also underwent major changes in order to make it more accessible, for more of the year, with an indoor facility being built and flood lights making it possible to ski and snowboard late into the evening. Snowboarding is also seen as a major plus point of Tignes, with other skiing facilities in the area being far less welcoming to the snowboarding masses. Tignes is home to expert freestyle snowboarding facilities, and is also home to the undisputed number one snowboarding training camp. With snowboarders from around the world visiting Tignes the area now sees more than just skiers amongst its busy hotels and pubs.

On the down side many skiers criticise Tignes for the lack of difficulty on its slaloms, however this is simply not the case. Tignes is home to around 8 slaloms, all of which have different difficult ratings. I can assure anyone who feels unsure of the difficulty level on the last two slopes, should give them a go before they say anymore. However, they do raise an interesting point. Tignes has under went major regeneration in an attempt to make their facilities safer, and has also altered many runs to accommodate beginners, which may have took the sting out of certain slaloms.

Despite this, the facilities are amazing, and the training is out of this world. I was strapped to a machine in order to measure my heart rate, and also asked to run on a tread mill so they could record my recovery times. The restaurants let you sample original French cuisine and also provide many opportunities for a lovely night out. For those looking for a more adventurous night-life the Della 1 pub and club will provide all the fun you will need. Della 1 is only a 10 minute walk from the hotels - and a further 15 minute walk for those staying in the log cabin village overlooking the mountains. Whether you stay, or whether you are a skier or a snowboarder you should surely go to Tignes and sample the runs. The facility is also perfect for learning, and those that have never skied before.

Fishing is a fun and tranquil sport that lets you spend quiet time with your friends, family and with Mother Nature.

Fresh water fishing is a sport involving the catching of fish in lakes, rivers and streams. It involves a lot of patience, challenge and a lot of acquired skill over time. Anyone can participate in this fun activity, including the kids.

To start, you have to check your State’s fishing requirements and make sure if a license is needed for you to fish. If it is required, you must acquire one by checking with a sporting goods store. They will help you how to get it, and some will even provide it for you.

During the time that you are in your favorite sporting goods store, you can look around and buy the right fishing equipment that you will be need for your trip. Considering that you are a beginner, make sure that you budget well the cost and your spending on the equipment, not deciding on expensive equipments; buy only the basic things you will need.

When in doubt as to what is needed, ask the help of the store keeper, but do keep in mind that you need to stick to a budget. Take your time and don’t hesitate to ask how to use each piece of equipment that is offered to you. Artificial lures for bait can be used or you can simply look for worms from your back yard.

An inexpensive fishing rod and reel will be enough along with a fishing line, hooks, weights, a bobber (this keeps your line afloat), fishing lures and net. A polarized sunglass is also essential, as it will help to see clearly through the water and lessen the glare.

Then if you don’t know the good locations to fish, ask about local “hot” spots, or check your State’s fishing regulations for information about fishing locations around your State.

The time will surely come when you will be a better fisherman; then you may decide on upgrading your equipment. In the meantime, keep things simple.

It is always advised that you avoid fishing alone. Always be with a friend, as when emergency strikes, there can be someone who can call for help.

It is wise to start fishing in shallow waters. Aim your cast in shady or rocky areas where the water is deep, as this is where the fish is expected to be found. Keep in mind that this is all practice first.

As your skill level develops and increases, you can then attempt into deeper waters. But before going, take the time to practice casting to familiarize yourself with your rod and your reel.

What better place to practice than your back yard. To do so, mark off an area using a rope and use this as your guide in aiming your cast. Rehearse and study your movements to discover a method that will work for you. Bear in mind, cast with your wrist, and not with your arm.

Fishing hooks are very sharp and needed to be handled with care to avoid injury. Before casting, it is important that you should look around you and stay unobstructed to avoid hurting other people with your hook.

When the right time has come and you go fishing for real, keep in mind to cast your line always ahead of the fish, making your bait land slowly, with as little splash as possible. The fish will see well at a close point, but cannot see behind.

If your casts are going in a disorganized manner, move closer to the water so you can gain better accuracy.

Watch the bobber closely for any movement. If and when a fish grabs the bait, the bobber will be pulled under water. This signals that you got a fish on the line. Don’t get too excited. Remain calm.

Keeping your line tight, slowly reel in your catch. Place the net near and use it to bring the fish out. Remove the hook from the fish with great care.

If you got an undersized fish (as noted in the state’s regulation book), quickly return it to the water. Likewise, if you have no intention in eating your catch, do not waste it and return it to the water. Releasing the fish will supply the water with more fish, giving future fishermen the thrill to experience a catch.

Lastly, look around you and feel the calm, restful and serene view of the river.

Have fun!