Actual work where 2 students given their post on this:
Discuss in 500 words or more the top 5 details that should be included in your cloud SLA.
Use at least three sources. Use the Research Databases available from the Danforth Library not Google. Include at least 3 quotes from your sources enclosed in quotation marks and cited in-line by reference to your reference list. Example: “words you copied” (citation) These quotes should be one full sentence not altered or paraphrased. Cite your sources using APA format. Use the quotes in your paragaphs. Stand alone quotes will not count toward the 3 required quotes.
Copying without attribution or the use of spinbot or other word substitution software will result in a grade of 0.
Write in essay format not in bulleted, numbered or other list format.
Reply to two classmates’ posting in a paragraph of at least five sentences by asking questions, reflecting on your own experience, challenging assumptions, pointing out something new you learned, offering suggestions. These peer responses are not ‘attaboys’.
It is important that you use your own words, that you cite your sources, that you comply with the instructions regarding length of your post and that you reply to two classmates in a substantive way (not ‘nice post’ or the like). Your goal is to help your colleagues write better. Do not use spinbot or other word replacement software. It usually results in nonsense and is not a good way to learn anything. . I will not spend a lot of my time trying to decipher nonsense. Proof read your work or have it edited. Find something interesting and/or relevant to your work to write about.
1) Identify and describe one of the financial measures of profitability, liquidity, efficiency, and leverage.
2) How can an analyst use one of these financial measures to evaluate the financial condition of a corporation?
Please find the attachments
Financial measures include ratios such as profitability ratios, liquidity ratios, efficiency, and leverage ratios. Profitability ratios can be said to be the evaluation methods. Profit is the main aim for every organization and therefore the profit ratio aid in judging the achievement of an organization in terms of profits. It involves the evaluation of two major types which include profit margin and rate of return ratio. The profit margin evaluation involves the analysis of the gross profit margin (Delen, 2019). The rate of return ratio encompasses the return on equity, return on asset, etc.
Liquidity Ratios are another measure of the liquidity of an organization. These are calculated to determine the organizational liquidity position. The term liquidity can be defined as the ability of the organization to pay its obligations. An organization with unstable liquidity is likely to be bankrupt. The liquidity ratio is done by using current assets and organizational liabilities. Some of the important liquidity ratios include the current ratio, acid test quick ratio, and so forth.
Leverage Ratios are hard to determine especially in an organization that has no debt and capital structure. The use of organizational debt in the capital structure is what has been termed as leverage. Leverage ratio surrounds the organizational debt. In leverage ratio, two types of ratios can be determined coverage ratio and the capital structure ratios (Delen, 2019). The capital structures ratio can be used by the financial analysts in determining the risks of the bankruptcy of an organization, the servicing capacity in terms of payment by making comparisons with future debt obligations with the resources used. These ratios include Debt equity ratio and the debt asset ratio
Efficiency Ratios are the financial measures that judge the efficiency in the management of the assets. Since organizations use assets to generate sales these ratios aid in evaluating the asset to efficiently generate or convert the available assets into sales.
Financial measures such as ratio play a critical role as financial analysts use it to determine the financial condition of an organization by comparing the line item data from the finical statement to get insights regarding the organizational profitability, liquidity as well as operational solvency of the organization (Lau & Sholihim, 2015). Financial analysts use the ratios to mark the firm performance over a given time by doing the comparison with other organizations or firms under the same sector or industry.
Delen, D., Kuzey, C., & Uyar, A. (2019). Measuring firm performance using financial ratios: A decision tree approach. Expert systems with applications, 40(10), 3970-3983.
Lau, C. M., & Sholihin, M. (2005). Financial and non-financial performance measures: How
A cloud application Service Level Agreement (SLA) is, at its core, a formal method of setting expectations between a vendor and a customer. No service is perfect, and SLAs spell out exactly how a vendor will plan for and respond to interruptions in cloud application access or downgrades in cloud service performance. “In the strictest sense, SLAs refer to the availability of cloud services for your company”( Stephanie Overby,2019). Depending on how critical uptime is for a certain application, you might pay for three, four, or even five nines of availability. But you can’t just sign an SLA based on service availability. While availability is a critical aspect of any cloud services SLA, there’s much more you should be paying attention to if you want to maximize your experience. Below are a few of the most critical components you should look for in a cloud SLA.
Mean Time to Respond/Repair: Your SLA should include specifics about when the service provider will respond to disruptions. This is typically broken into tiers of severity, but make sure you have a say in determining the definitions of those tiers. Escalation Path for Troubleshooting: Every time you take an application out of your data center in favor of a SaaS platform, you sacrifice a certain level of control. “One consequence is that you can’t call your in-house system admin for any troubleshooting scenarios. Instead, you’re often left to call the service provider’s contact center” (Michael Cooney, 2018). Use your SLA to define an escalation path that gets you in contact with a manager for the service provider who can quickly address your issues.
Ownership of Cloud Data: When you’ve implemented a cloud service, it’s easy to grow so comfortable with it that you feel a sense of ownership. However, some service providers (especially in a licensing scenario) will limit what you can do with data collected through its platform. Check to see if your SLA allows you to use data the way you expect to. Software Security Standards: There’s an inherent understanding that your service provider will take ownership of system infrastructure and security. However, “you may want your SLA to include the right to audit service provider compliance to ensure your company is protected” (Joe Michalowski, 2019). Disaster Recovery Guarantees: Availability is one thing, but your SLA should clearly detail how the service provider will react to a worst-case scenario. Even the best availability guarantees can be diminished by inefficient disaster recovery plans.
Implementing cloud services is not a set-it-and-forget-it process. If you want to keep your cloud service providers accountable, you need an SLA that offers clear details of what type of user experience is owed to you. One problem with sustaining accountability is that tracking metrics and end-user experience for cloud services can prove challenging.