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UPDATED: Two groups that were once on a collision course have instead decided to buddy up. Today Intel and Nicholas Negroponte’s non-profit One Laptop Per Child (OLPC) announced they will combine forces to help reach the world’s children.
In a joint statement with Intel, Negroponte said that collaborating with Intel means that the maximum number of laptops will reach children. Intel CEO Paul Otellini positioned the agreement as a natural evolution of the company’s efforts to expand access to technology.
“Joining OLPC is a further example of our commitment to education over the last 20 years and our belief in the role of technology in bringing the opportunities of the 21st century to children around the world,” he said.
OLPC president Walter Bender said Intel has paid a membership fee as is required of all companies belonging to the group. Its corporate membership now includes: AMD, Brightstar, eBay, Google, Intel, Marvell, News Corp., Nortel Networks, Quanta Computer, Red Hat and SES Astra.
“Intel’s contributions to our software efforts will be immediate,” Bender told chúng tôi “There is no timetable regarding hardware.” He also said that it is “not a given” Intel technology will end up in OLPC computers. Regardless of the direction Intel’s hardware will take, Bender highlighted the crux of the agreement.
“Both Intel and OLPC realize that working together towards the mission of one laptop per child will lead to reaching the most children soonest.”
However, the road to technology humanitarianism for the organizations has been rough.
Just a few months ago, Negroponte blasted Intel for undercutting its efforts to get low-cost computers to some of the world’s poorest citizens.
OLPC’s original mission was to sell a $100 notebook computer. The system, now being pitched to developing countries, is $176 in minimum quantities of 250,000, and is powered by AMD (Quote) processors, not Intel (Quote) processors.
Negroponte said Intel has been going to the same governments that OLPC’s been negotiating with and pitching its own Intel Classmate as an alternative.
“Intel should be ashamed of itself,” Negroponte told correspondent Leslie Stahl in a 60 Minutes broadcast in May. “It’s just — it’s just shameless.”
Negroponte, who had accused Intel of selling its Classmate computer below cost to undercut OLPC’s effort, said the chip giant “has hurt the mission enormously.”
In the same broadcast, Craig Barrett, Intel’s chairman of the board, defended his company’s actions as part of normal marketing to gain new business, but also seemed eager to settle the matter.
“There are lots of opportunities for us to work together,” Barrett told 60 Minutes. He said the idea that Intel was trying to drive OLPC out of business “is crazy.”
But with today’s announcement, there are now apparently no hard feelings.
A spokesman for AMD said that “Intel’s apparent change of heart is welcome, and we’re sure they can make a positive contribution to this very worthy project for the benefit of children all over the world.
“We continue to believe that OLPC will help move that needle,” the spokesperson added. “AMD continues as a firmly committed board member to OLPC.”
The OLPC project dovetails with its 50×15 Initiative, which is aimed at providing 50 percent of the world’s population with affordable, accessible Internet and computing capabilities by 2023.
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The Power Of One: A Teacher Can Make Every Child Feel Important
Still, I am not one of those people who believes that all is lost. I persist in believing that change can happen and that the heart of each student can be touched. I went to public school in Lake Charles, Louisiana. Schools were generally not very good there, but I got lucky. In a rather unremarkable school system, I had some remarkable teachers.
Unfortunately, we treat our public schools as if there were. In New York City, where I live, there are schools that don’t have libraries, schools that don’t have desks. We need to give more money to schools, and we need to increase teacher salaries. If we don’t give our schools the attention they deserve, we’re in danger of depriving a whole generation of a decent education.
In sixth grade I had an English teacher who desperately wanted us to learn to write and speak correctly. She drilled English syntax and structure into us relentlessly. She was, to me at that time, incredibly scary and mean. All the students hated her, but the rules of language and clear expression — pretty key ingredients in being a writer — got pounded into my head.
This teacher is quite old now, and a little while back, she came up to New York to see a performance of my play Caroline, or Change. I met her afterward and tried to tell her how important her lessons had been to me. “Thank you,” I said. “You really changed my life. I can’t tell you how much I owe you.”
She looked at me for a second, then said, “That’s really nice, honey, but most of my students just think I’m an old bitch.”
Each student, every day, is on a journey of discovery, and I believe that every single teacher can make a difference in that voyage. We can teach kids that they are special, that there are certain things in the world that don’t have easy answers, that there are moments in your life that will open up your heart, that they are not just one of fifty goldfish in a small pond with a limited food supply.
When we deprive our children of an education, we’ve committed a crime because we’ve taken away their right to pursue happiness. There is no guarantee that any of us is ever going to catch up with happiness, but we need legs to pursue it. Often, those legs are supplied by a teacher.
One of the great paradoxes of life is that people are enormously resilient but also incredibly fragile. That is especially true in kids. It’s hard work to be a kid, but kids have a wonderful generosity of spirit. It takes so little to make them want to try. They need loving parents and a loving home, of course, but they also need teachers who care and who don’t give up. Every student needs someone who says, simply, “You mean something. You count.”
That kind of support doesn’t guarantee that the kid won’t grow up to be a neurotic mess (although some of the most interesting people I know are neurotic messes), but it does offer them a chance to grow up to be coherent and have an internal organization that allows them to make sense of the world. Perhaps, if they are lucky, they will live a good life.
I believe that human society is essentially composed of our relationships with others. And those relationships start very early in school. As teachers, make sure you do everything you can do — more than you’ve ever done. Even just a little bit more will make a big difference.
Tony Kushner is a playwright whose works include A Bright Room Called Day and Hydrotaphia. He is perhaps best known for Angels in America, which received a Pulitzer Prize, two Tony Awards, eleven Emmys, and two Drama Desk Awards, and was selected by London’s National Theatre as one of the ten best plays of the twentieth century. This piece is based on two interviews with him in San Francisco. Write to [email protected].Book Value Per Share Formula
Book Value Per Share Formula (Table of Contents)
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Book Value Per Share Formula
Total liabilities
Total liabilities are the total debt and financial obligations payable by the company to organizations or individuals at any defined period of time. Total liabilities are stated on the balance sheet by the company.
Total Assets
Total Assets are the total amount of assets owned by an entity or an individual. Assets are items of monetary value used over time to produce a benefit for the asset’s holder. If a company owns assets, it includes them in the balance sheet to maintain accurate accounting records.
Examples of Book Value Per Share FormulaLet’s take an example to find out the Book Value Per Share for a company: –
You can download this Book Value per Share Template here – Book Value per Share Template
Example #1Let’s assume Company Anand Pvt Ltd have worth $25,000,000 of stockholders’ equity, $5,000,000 preferred stock, and total outstanding shares of $10,000,000 shares outstanding. We need to calculate the book value per share for the Anand Group of companies.
Now, we can calculate Book Value Per Share for Anand Pvt Ltd by using the Book Value Per Share Formula:
Stockholder’s Equity = $25,000,000
Preferred Equity = $5,000,000
Total Outstanding Common Shares = $10,000,000
By using the Book Value per Share Formula
Book Value per Share = (Shareholders’ Equity – Preferred Equity) / Total Outstanding Common Shares
Book Value per Share = $(25,000,000- $5,000,000) / $10,000,000
Book Value per Share = $2
This shows Anand Group of the company has a book value per share of $2.
Example #2Jagriti Group of Companies has the following details as per its financials for the year ended 2023-18:
Total assets = $200,000
Total liabilities = $50,000
Preferred shares = $25,000
Number of outstanding common shares = 5000 shares
Therefore,
We need to calculate the Book Value Per Share of Jagriti Group of Companies.
As we can see in the above case, the Shareholder’s Equity is not provided, then we have to calculate Shareholder’s Equity by using the below formula:
Total assets = $200,000
Total liabilities = $50,000
Shareholder’s Equity Formula
Shareholder’s Equity =Total assets – Total Liabilities
Shareholder’s equity = $200,000 – $50,000
Shareholder’s Equity = $1,50,000
Now, we have to calculate how much common shareholders will be getting from the shareholders’ equity. So, we must deduct the Preferred stocks from the Shareholders’ equity.
Therefore,
Common shareholders’ equity = Shareholder’s equity – Preferred Share
Common shareholder’s equity = $1,50,000- $25,000
Common shareholder’s equity = $1,25,000
Now by using the below formula, we can calculate Book Value Per Share:
Book Value per Share = (Shareholders’ Equity – Preferred Equity) / Total Outstanding Common Shares
Book Value per share = $1,50,000- $25,000/ 5,000
Book Value per share = $1,25,000/ 5,000
Book Value per share = $25
Example #3Calculate the Book Value per share for Anand Group of Companies using the following extracts available:
Current Assets = $70,000
Non-current Assets = $230,000
Current Liabilities = $60,000
Non-Current Liabilities = $30,000
Preferred shares = $45,000
Number of outstanding common shares = 3500 shares
For calculating Book Value Per Share, we need Shareholders’ Equity which can be calculated as below:
Total assets = Current Assets + Non-current Assets
Total Liabilities = Current Liabilities + Non-Current Liabilities
Shareholder’s Equity =Total assets – Total Liabilities
Shareholder’s Equity = (Current Assets + Non-current Assets) – (Current Liabilities + Non-Liabilities)
Shareholder’s Equity = ($70,000 + $230,000) – ($60,000 + $30,000)
Shareholder’s Equity = $3,00,000 – $90,000
Shareholder’s Equity = $2,10,000
Now by using the below formula, we can calculate Book Value Per Share:
Book Value per Share = (Shareholder’s Equity – Preferred Equity) / Total Outstanding Common Shares
Book Value per share = ($2,10,000- $45,000)/3500
Book Value per share = $47.14
The book Value per share of Jagriti Group of Companies is $47.14.
ExplanationYou can calculate the book value per share to determine the value of a company per share. The calculation is based on the equity available to common shareholders after paying off the debts and preferred shareholders for which the company is legally obliged. When calculating Book Value Per Share, one must subtract preferred shares from Shareholder’s Equity.
The “Book Value” of a company, also referred to as Shareholder’s Equity or Owner’s Equity, can be calculated by subtracting Total Liabilities from Total Assets.
Therefore, Shareholder’s Equity =Total assets – Total Liabilities
And, Book Value per Share = (Shareholders’ Equity – Preferred Equity) / Total Outstanding Common Shares. The data mentioned above can be found on the company’s balance sheet.
Significance and Use of Book Value Per ShareThe investors can use Book Value per share to determine the equity in a company compared to the current market value of the company, that is, the current price of the stock. For example, Let’s assume Anand Ltd is currently trading for $30. But it has a book value of $15. This shows the stock of Anand Ltd is selling at the double, I.e., two times its equity. The above example is used in valuation methodology, i.e., Multiple Valuation (price to book value or P/B) or relative valuation; in this formula, book value per share is used in the denominator.
To compute the return on equity formula, investors can use the book value per share, which abbreviates as ROE. In this scenario, one calculates ROE on a per-share basis.
Simply divide the stockholder’s equity by the net income to calculate the ROE. ROE per share = (Net Income Per share or EPS)/Book Value per share. Per share basis of Net income is referred to as Earnings per share or EPS. As the article demonstrates, the book value per share represents the stockholder’s equity on a per-share basis.
Book Value Per Share CalculatorYou can use the following Book Value per Share Calculator
Shareholder’s Equity Preferred Equity Total Outstanding Common Share’s Book Value per Share Formula = Book Value per Share Formula = Shareholder’s Equity − Preferred Equity = Total Outstanding Common Share’s
0
–
0
= 0
0
Book Value Per Share Formula in Excel (With Excel Template)
Here we will do the same example of the Book Value per Share in Excel. It is very easy and simple. You need to provide the two inputs, i.e., Shareholders’ Equity and Preferred Equity
You can easily calculate the Book Value per Share using the formula in the template provided.
In this template, we have to solve the Book Value per Share Formula
Hence first, we are calculating the Shareholder’s Equity by using the Shareholder’s Equity Formula.
Now, we will calculate the Book Value per Share by using the formula.
Recommended ArticlesThis has been a guide to Book Value per Share Formula; here, we discuss its uses and practical examples. We also provide a Book Value per Share calculator and a downloadable Excel template.
Revenue Per Employee Ratio Formula
Revenue Per Employee Ratio Formula (Table of Contents)
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Revenue Per Employee RatioAnalyst always looks to analyze the company financially as well as operationally. It must be remembered that the operational ratios also impact the financial ratio.
As the employee is an integral part of every business, analyzing operational efficiency by analyzing the revenue-per-employee ratio makes more sense. It is the easiest ratio for operational analysis and is easy to interpret also.
Revenue Per Employee Ratio Formula
Revenue Per Employee Ratio Formula –
Generally, the number of employees keeps changing over period of time. Therefore, using an average number of employees during a particular period is good practice. Several employee figures can be found in the annual report of the company. The figure for sales revenue can be taken from the company’s income statement. From the above formula, it can be easily understood that revenue per employee is easy to calculate and interpret. By common sense, the higher the revenue per employee figure is, the better it is. Less revenue per employee shows less efficient operation.
But revenue per employee varies in different industries according to the need of labor requirements. Labor-intensive industries will be having less revenue per employee, whereas less labor-intensive industries will have high revenue per employee.
Examples & Explanation of Revenue Per Employee Ratio FormulaBelow table shows the revenue per employee of a labor-intensive and less labor-intensive industry.
You can download this Revenue Per Employee Ratio Template here – Revenue Per Employee Ratio Template
Labour Intensive Industry
Company Name
Net Sales (million $) Number of Employees
Revenue Per Employee ($)
Company ABC Ltd.
25,000
80000
3,12,500
Company Aban Ltd.
46,000
90000
5,11,111
Company KPIT Ltd.
23,000
50000
4,60,000
Company PTC Ltd
39,000
75000
Company XYZ Ltd
90,000
180000
5,00,000
Less Labour-Intensive Industry
Company Name Net Sales (million $) Number of Employees
Revenue Per Employee ($)
Company PQR Ltd
20000
18000
11,11,111
Company MNO Ltd
5000
1108
45,12,635
Company TPU Ltd
6000
3000
Company KNO Ltd
18000
15000
12,00,000
Company APP Ltd
2000
1500
13,33,333
Analysts generally compare revenue per employee with the median of companies in the same industry. Company MNO operates at the highest revenue per employee in a less labor-intensive industry because its operations are more efficient than its peers. It can be said that each employee in the MNO company is more efficient than the peer set. The same is true for labor-intensive industries.
Significance and Use of Revenue per Employee Ratio FormulaRevenue per employee is an absolute figure regarding a given currency; therefore, it may look less useful in an analytical sense. For interpretation purposes, revenue per employee should be compared with the company’s or industry’s historical data to see any deterioration or improvement. Compare it with the other peer companies operating in the same industry. This comparison across the industry and over time will give a useful understanding of personnel productivity.
Revenue per employee might be affected by the age of a company. New companies usually have small revenues, and these are usually in the process of hiring more employees to fill positions. Therefore, their revenue per employee is lower than that of well-established companies. Sometimes earnings per employee can be calculated using net profit, instead of sales revenue, in the above-stated formula. This also gives insights into the productivity of employees.
As the ratio is in the absolute figure by itself, it is of little use without any benchmark or frame of reference; hence it should be read against the historic ratios for the same industry or company over a number of past years to be able to see if the ratios are falling or rising. This would help to show declining or improving the level of employee productivity. Then again, compare the ratios with other industry peers and their performance over the past years.
Revenue Per Employee Ratio CalculatorYou can use the following Revenue Per Employee Ratio Calculator
Total Revenue Number of Employees Revenue Per Employee Ratio Formula= Revenue Per Employee Ratio Formula= = Total Revenue = Number of Employees
0
= 0
0
Revenue Per Employee Ratio Formula in Excel (With Excel Template)
Here we will do the same example of the Revenue Per Employee Ratio formula in Excel. It is very easy and simple. You need to provide the two inputs i.e, Revenue and Number of Employees
You can easily calculate the Revenue Per Employee Ratio using the Formula in the template provided.
Recommended ArticlesThis has been a guide to a Revenue Per Employee Ratio formula. Here we discuss its uses along with practical examples. We also provide a revenue-per-employee ratio calculator with a downloadable Excel template. You may also look at the following articles to learn more –
Amd’s Carrizo Chip Targets The One Thing Every Laptop User Wants: Longer Battery Life
“We think [the notebook] is a key device for 2023,” said Jason Banta, AMD’s mainstream product line manager. “We think it is a segment to get right, and we think our competition has gotten it wrong.”
AMD’s secret? Hardware optimization. Carrizo combines 4 “Excavator” CPU cores with an additional 8 GCN graphics cores, all integrated onto a single piece of silicon. (Carrizo technology, optimized for 15 watts, will be built into mobile FX processors, plus A10 and A8 chips.) But AMD also built in a dedicated hardware decoder for movies encoded with HEVC, including Amazon Prime’s streaming service and even Windows 10 itself. The upshot? About five more hours’ worth of continuously streaming 1080p movies compared to AMD’s older GPUs, executives said.
AMD also said that it would launch its “Fiji” GPUs later this month at the E3 conference.
Why this matters: In the past few years, AMD CPUs have acquired a certain bargain-bin odor. You could argue that AMD’s image has stumbled, tripped, fallen, and rolled, head-over-heels—only to end up in a position to catch the PC market as it, too, plunges from lofty heights. Because let’s face it: Windows tablets, Chromebooks—they’re all arguments that we’ve reached a plateau in what we’re asking of our PCs in terms of computing power. Instead, we want to perform our everyday tasks without worrying about digging out our power cord. AMD didn’t exactly lead the pack to this point, but Carrizo could be in the right place at the right time.
AMD
AMD’s Carrizo at a glance.
Tops on the wish list: Lowering powerIntel accomplishes much of its power savings through steady process shrinks in its own fabs, which fabless AMD can’t rely upon. Instead, AMD leaned on its design kung fu: A Carrizo reference system uses half the power of a current “Kaveri” system, while performance has increased 1.5X—all within the same 28-nm manufacturing technology of the prior generation. That took “engineering courage,” according to Joe Macri, AMD’s chief technical officer.
Mark Hachman
By designing the Excavator core with some of the same tools AMD uses to lay out its GPU cores, for example—something that AMD had never considered previously—AMD engineers made the Excavator layout far more efficient, saving power and space, Macri said. AMD also managed to cut the idle power of the CPU from 4.5 to 2.7 watts. That’s an important step, because PC microprocessors sit idle most of the time—as you read this story, for instance.
AMD
AMD believes its graphics capabilities, as well as low power, will give it the edge over the Intel Core processors.
In specialized applications like watching movies, AMD says, performance will improve even further.
All-day movies?Mark Hachman
AMD showed off how well its Carrizo platform streamed 4K video—and how the competition stumbled.
That’s important in two scenarios: with HEVC-encoded movies that a Carrizo laptop is streaming, or for travelers who may download a few HEVC-encoded movies to their laptop. In both, you’ll get far more playback time with a Carrizo laptop compared to a Kaveri laptop—AMD looped the public “Big Buck Bunny” movie on a 15-watt FX-8800P and eked out 9.5 hours of HD video playback.
(It’s important to note that while Amazon uses HEVC, and Netflix is moving to HEVC for 4K-encoded movies, Google’s YouTube has chosen to use the VP9 codec instead. Carrizo won’t offer any extra benefit there.)
AMD also claims that Carrizo’s ability to transcode movie information is several times faster than its older FX chips achieved. In addition, what AMD calls “Perfect Picture” helps improve video quality by upscaling 1080p to 4K-like resolutions.
Your mileage may varyMark Hachman
Details of AMD’s Carrizo test system.
Of course, Intel just announced its faster Broadwell-H chips at Computex on Monday night. And when we quietly ran some benchmarks on the Carrizo chip at AMD’s event, the performance was rather lukewarm: 2,388 for 3DMark’s “Sky Diver” test, 959 for the Fire Strike test, and 282 for the Fire Strike Ultra test, using a processor 3DMark reported as the AMD K15 “Carrizo,” running at 2.1GHz (and at 3.3GHz “turbo” speeds), and with the integrated, 256MB of Radeon R7 graphics inside running at 800 MHz.
Mark Hachman
We didn’t have any AMD Kaveri chips on hand to test, but the Kaveri-based A8-7600 runs at speeds of up to 3.7GHz to 4GHz. Hot Hardware reported that that A8-7600 chip generated a score of 1,320 to 1,336.
Other goodies: Gesture control, visual searchFor business, Carrizo also includes a Trusted Platform Module 2.0 and Drive Key Encryption to secure the laptop’s content.
AMD
Here’s how AMD’s Looking Glass technology will work.
But one of the key obstacles for AMD will simply be how to tell consumers that they’re better than the competition. AMD executives quietly grumble how Best Buy and other retailers banish AMD to a back shelf, reserving pride of place for Intel. For their part, AMD executives said they’ll continue to use stickers touting the fact that Carrizo is a “sixth generation product” (Intel’s is shipping its fifth-generation Core chips) and will bundle games to sweeten the deal.
The problem AMD faces is that it looks like a “me-too” supplier—even when, as Brookwood pointed out, AMD’s own technologies are superior. For example, he said, AMD’s Wireless Display allows you to stream games, while Intel’s WiDi is restricted to movies only.
And that’s where AMD’s Computex launch will help AMD: If it has caught up to Intel in chip technology, it still needs a public forum to get the word out.
Updated at 12:28 AM on June 3 with additional details.
This Is The One Mac With Apple Silicon That No One Should Buy
By and large, you can’t go wrong with Apple’s current crop of desktops and laptops powered by Apple Silicon processors. The lineup is stronger than it has ever been, especially with this week’s launch of new 14-inch and 16-inch MacBook Pro models with M2 inside.
But there’s one notable exception. There’s one MacBook that pretty much no one should buy, and that’s the 13-inch MacBook Pro.
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The current MacBook lineupWhen reviews of the M2 MacBook Pro were published last year, a consensus was immediately clear: it’s the same exact MacBook Pro that Apple has sold for years, just with an M2 chip inside. It features the previous generation design, the same Touch Bar, the same two USB-C ports, and the same limitations.
For context, here’s the current slate of Apple’s MacBook lineup:
There’s a glaring hole in that lineup, with a $700 price delta between the M2 MacBook Pro and the 14-inch MacBook Pro.
The 13-inch MacBook Pro exists to fill that gap, but it’s so far below the 14-inch MacBook Pro, in terms of both price and capabilities, that it doesn’t really fill that gap. It gets even more confusing when you look at how close the M2 MacBook Pro is to the M1 MacBook Air and the M2 MacBook Air, again in terms of both price and features.
The M2 MacBook Air specifically offers some benefits over the M2 MacBook Pro. You get an extra port thanks to the MagSafe charging connector, the webcam is 1080p vs 720p on the MacBook Pro, and the speaker system is more powerful. The display is slightly larger as well, with Apple branding it as a “Liquid Retina Display.”
Which MacBook should you buy?I hope I’ve made the argument clear enough that you already know part of the answer to this question. Unless you are an absolute Touch Bar fanatic, there’s no reason to buy the M2 MacBook Pro. Not only is it more expensive than the two MacBook Air models, but it’s also inferior in a number of different ways.
I hope that Apple closes the gap between the $1299 MacBook Pro and the $1999 MacBook Pro. There are whispers of a new 15-inch MacBook/MacBook Air of some sort coming in 2023 or 2024. This machine might even feature options for either an M2 or M2 Pro chip inside. Ideally, this will sit right in between the two MacBook Pro models.
If you’re shopping for a MacBook and you need it immediately, the M1 MacBook Air is the best option without shelling out $2,000 for the 14-inch MacBook Pro. The M2 MacBook Air is an even more enticing option with its modern design, improved screen, and faster processor.
Wrap upSo why does the M2 MacBook Pro exist? Well, it exists to fill the gap between the MacBook Air and the 14-inch MacBook Pro. It does that poorly. Looking beyond that, it seems to purely come down to marketing. There are some people (and particularly enterprise buyers) who are dead set on buying a “Pro” machine from Apple.
It’s actually a bit deceiving. The 13-inch MacBook Pro with an M2 chip is branded as a “Pro” machine, but it’s not “Pro” in any way. The only things that may justfy the “Pro” adjective are its fans and its longer battery life. The fans might let the M2 MacBook Pro sustain peak performance longer than the fan-less MacBook Air. For most people, however, this doesn’t mean anything.
Other than that, it’s not a “Pro” machine. In fact, you could even argue that the MacBook Air fits that “Pro” branding better.
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