Tips and tricks about financial ratios: how to anticipate unpleasant surprises

Following recent accounting and ethical scandals within the Telecom Industry like Gowex case, old cards are laid on the table: what kind of management and control are we doing on our businesses and what use do we give to the specific tools we have at our disposition? There are indicators, that on a very specific, concise and accurate manner, aside from brief, allow us to analyze and capture the complexity of a business and also they constitute an important support when making optimal decisions. These instruments or indicators show, a priori, all relevant data from a purely economic perspective, while there also exist, the possibility of including factors that are not of this nature strictly. For instance, there are indicators that take into account the customer?s satisfaction, the corporate reputation among others. Both kind of performance indicators form, together, an integral dashboard while the pure economic side of it could be considered as a basic dashboard. Based on DuPont?s methodology, we will be able to calculate the ROI (Return on Investment) of a company from the disaggregation of very useful and much needed indicators like the ROE (Return on Equity) or the ROA (Return on Assets); thereby, we will be able to get to know, to control and, hence, to optimize the company?s leverage level, its liquidity ratio or its solvency ratio, among others; as well as the yield we will be able to obtain if our decisions and management are optimal related to the bodies of assets. Bear in mind and make the most of the abovementioned management tools and indicators that we have at our disposition, allow us to act knowing our path and taking full responsibility, as well as, to obtain the maximum planned benefits, instead of leaving them to be casual. We will be able to avoid errors that can lead the company to an unfortunate and non-desirable situation and, of course, we will detect, way in advance, the actual needs of the business in terms of accounting and financial sanitation before irreversible situations are reached.

Desarrollo de una herramienta de análisis de la señal de voz

El habla es la principal herramienta de comunicación de la que dispone el ser humano que, no sólo le permite expresar su pensamiento y sus sentimientos sino que le distingue como individuo. El análisis de la señal de voz es fundamental para múltiples aplicaciones como pueden ser: síntesis y reconocimiento de habla, codificación, detección de patologías, identificación y reconocimiento de locutor… En el mercado se pueden encontrar herramientas comerciales o de libre distribución para realizar esta tarea. El objetivo de este Proyecto Fin de Grado es reunir varios algoritmos de análisis de la señal de voz en una única herramienta que se manejará a través de un entorno gráfico. Los algoritmos están siendo utilizados en el Grupo de investigación en Aplicaciones MultiMedia y Acústica de la Universidad Politécnica de Madrid para llevar a cabo su tarea investigadora y para ofertar talleres formativos a los alumnos de grado de la Escuela Técnica Superior de Ingeniería y Sistemas de Telecomunicación. Actualmente se ha encontrado alguna dificultad para poder aplicar los algoritmos ya que se han ido desarrollando a lo largo de varios años, por distintas personas y en distintos entornos de programación. Se han adaptado los programas existentes para generar una única herramienta en MATLAB que permite: . Detección de voz . Detección sordo/sonoro . Extracción y revisión manual de frecuencia fundamental de los sonidos sonoros . Extracción y revisión manual de formantes de los sonidos sonoros En todos los casos el usuario puede ajustar los parámetros de análisis y se ha mantenido y, en algunos casos, ampliado la funcionalidad de los algoritmos existentes. Los resultados del análisis se pueden manejar directamente en la aplicación o guardarse en un fichero. Por último se ha escrito el manual de usuario de la aplicación y se ha generado una aplicación independiente que puede instalarse y ejecutarse aunque no se disponga del software o de la versión adecuada de MATLAB. ABSTRACT. The speech is the main communication tool which has the human that as well as allowing to express his thoughts and feelings distinguishes him as an individual. The analysis of speech signal is essential for multiple applications such as: synthesis and recognition of speech, coding, detection of pathologies, identification and speaker recognition… In the market you can find commercial or open source tools to perform this task. The aim of this Final Degree Project is collect several algorithms of speech signal analysis in a single tool which will be managed through a graphical environment. These algorithms are being used in the research group Aplicaciones MultiMedia y Acústica at the Universidad Politécnica de Madrid to carry out its research work and to offer training workshops for students at the Escuela Técnica Superior de Ingeniería y Sistemas de Telecomunicación. Currently some difficulty has been found to be able to apply the algorithms as they have been developing over several years, by different people and in different programming environments. Existing programs have been adapted to generate a single tool in MATLAB that allows: . Voice Detection . Voice/Unvoice Detection . Extraction and manual review of fundamental frequency of voiced sounds . Extraction and manual review formant voiced sounds In all cases the user can adjust the scan settings, we have maintained and in some cases expanded the functionality of existing algorithms. The analysis results can be managed directly in the application or saved to a file. Finally we have written the application user’s manual and it has generated a standalone application that can be installed and run although the user does not have MATLAB software or the appropriate version.

Survey and brain storming studies about machines, constructions, human and environmental risk consideration in the careers of the Universidad Politécnica of Madrid

The Universidad Politécnica of Madrid (UPM) includes schools and faculties that were for engineering degrees, architecture and computer science, that are now in a quick EEES Bolonia Plan metamorphosis getting into degrees, masters and doctorate structures. They are focused towards action in machines, constructions, enterprises, that are subjected to machines, human and environment created risks. These are present in actions such as use loads, wind, snow, waves, flows, earthquakes, forces and effects in machines, vehicles behavior, chemical effects, and other environmental factors including effects of crops, cattle and beasts, forests, and varied essential economic and social disturbances. Emphasis is for authors in this session more about risks of natural origin, such as for hail, winds, snow or waves that are not exactly known a priori, but that are often considered with statistical expected distributions giving extreme values for convenient return periods. These distributions are known from measures in time, statistic of extremes and models about hazard scenarios and about responses of man made constructions or devices. In each engineering field theories were built about hazards scenarios and how to cover for important risks. Engineers must get that the systems they handle, such as vehicles, machines, firms or agro lands or forests, obtain production with enough safety for persons and with decent economic results in spite of risks. For that risks must be considered in planning, in realization and in operation, and safety margins must be taken but at a reasonable cost. That is a small level of risks will often remain, due to limitations in costs or because of due to strange hazards, and maybe they will be covered by insurance in cases such as in transport with cars, ships or aircrafts, in agro for hail, or for fire in houses or in forests. These and other decisions about quality, security for men or about business financial risks are sometimes considered with Decision Theories models, using often tools from Statistics or operational Research. The authors have done and are following field surveys about risk consideration in the careers in UPM, making deep analysis of curricula taking into account the new structures of degrees in the EEES Bolonia Plan, and they have considered the risk structures offered by diverse schools of Decision theories. That gives an aspect of the needs and uses, and recommendations about improving in the teaching about risk, that may include special subjects especially oriented for each career, school or faculty, so as to be recommended to be included into the curricula, including an elaboration and presentation format using a multi-criteria decision model.

Reconstructing the Timing and Dispersion Routes of HIV-1 Subtype B Epidemics in The Caribbean and Central America: A Phylogenetic Story.

The Caribbean and Central America are among the regions with highest HIV-1B prevalence worldwide. Despite of this high virus burden, little is known about the timing and the migration patterns of HIV-1B in these regions. Migration is one of the major processes shaping the genetic structure of virus populations. Thus, reconstruction of epidemiological network may contribute to understand HIV-1B evolution and reduce virus prevalence. We have investigated the spatio-temporal dynamics of the HIV-1B epidemic in The Caribbean and Central America using 1,610 HIV-1B partial pol sequences from 13 Caribbean and 5 Central American countries. Timing of HIV-1B introduction and virus evolutionary rates, as well as the spatial genetic structure of the HIV-1B populations and the virus migration patterns were inferred. Results revealed that in The Caribbean and Central America most of the HIV-1B variability was generated since the 80 s. At odds with previous data suggesting that Haiti was the origin of the epidemic in The Caribbean, our reconstruction indicated that the virus could have been disseminated from Puerto Rico and Antigua. These two countries connected two distinguishable migration areas corresponding to the (mainly Spanish-colonized) Easter and (mainly British-colonized) Western islands, which indicates that virus migration patterns are determined by geographical barriers and by the movement of human populations among culturally related countries. Similar factors shaped the migration of HIV-1B in Central America. The HIV-1B population was significantly structured according to the country of origin, and the genetic diversity in each country was associated with the virus prevalence in both regions, which suggests that virus populations evolve mainly through genetic drift. Thus, our work contributes to the understanding of HIV-1B evolution and dispersion pattern in the Americas, and its relationship with the geography of the area and the movements of human populations.

Mapping Genetic Diversity of Cherimoya (Annona cherimola Mill.): Application of Spatial Analysis for Conservation and Use of Plant Genetic Resources.

There is a growing call for inventories that evaluate geographic patterns in diversity of plant genetic resources maintained on farm and in species' natural populations in order to enhance their use and conservation. Such evaluations are relevant for useful tropical and subtropical tree species, as many of these species are still undomesticated, or in incipient stages of domestication and local populations can offer yet-unknown traits of high value to further domestication. For many outcrossing species, such as most trees, inbreeding depression can be an issue, and genetic diversity is important to sustain local production. Diversity is also crucial for species to adapt to environmental changes. This paper explores the possibilities of incorporating molecular marker data into Geographic Information Systems (GIS) to allow visualization and better understanding of spatial patterns of genetic diversity as a key input to optimize conservation and use of plant genetic resources, based on a case study of cherimoya (Annona cherimola Mill.), a Neotropical fruit tree species. We present spatial analyses to (1) improve the understanding of spatial distribution of genetic diversity of cherimoya natural stands and cultivated trees in Ecuador, Bolivia and Peru based on microsatellite molecular markers (SSRs); and (2) formulate optimal conservation strategies by revealing priority areas for in situ conservation, and identifying existing diversity gaps in ex situ collections. We found high levels of allelic richness, locally common alleles and expected heterozygosity in cherimoya's putative centre of origin, southern Ecuador and northern Peru, whereas levels of diversity in southern Peru and especially in Bolivia were significantly lower. The application of GIS on a large microsatellite dataset allows a more detailed prioritization of areas for in situ conservation and targeted collection across the Andean distribution range of cherimoya than previous studies could do, i.e. at province and department level in Ecuador and Peru, respectively.