Changing World Lasting Values Essay Essay Example

Changing World Lasting Values Essay Essay You hear many narratives presents — that the universe is absurd. that everything has changed. that old moral values have died. This is all non-sense. for if you look for world beneath the jumble of words which hide it. you will rediscover the ageless adult male. True values were non invented for the pleasance of doddering moralists. They exist because without them. neither society nor felicity could last. Here. so. are a few regulations every bit old as civilisation itself which remain true despite the progresss of scientific discipline and engineering. The first is that adult male must populate for something other than himself. The adult male who meditates endlessly about himself finds a 1000 grounds to be unhappy. He has notaccomplished everything he wanted to or should hold done ; he has non gotten everything he thought he deserved ; he has non been loved as he dreamed of being loved- But if he lives for ideals outside of himself — for his religion or his state. for his friends. his married woman and household. he miraculously forgets all his junior-grade concerns. In seeking to do others happy. he besides makes himself happy. The regular interior universe is the regular outer universe. â€Å" We will write a custom essay sample on Changing World Lasting Values Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Changing World Lasting Values Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Changing World Lasting Values Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The 2nd regulation is that adult male must move. â€Å"The joy of the psyche is inactivity. † Alternatively of keening the absurdness of the universe. allow us seek to transform our ain small corner. It is non impossible. We can non alter the whole existence. but who hopes to make that? Our aim is much more simple: to make our occupation and make it good. to go a maestro at it. Each one works in his ain field. I write books. the carpenter assembles my bookshelves. the policeman directs traffic. the applied scientist. concepts. the curate governs. All of them. maintain busy at work which they know how to make good. are happy. This is so true that when people have leisure clip. they keep busy with seemingly useless activities such as games and athleticss. As for utile action. we know from experience that it is effectual: an active city manager makes a metropolis comfortable ; an active priest brings verve to a parish. â€Å"Happy are those in whose eyes work forces look for order. † The 3rd regulation is that one must believe in the power of the will. It is non true that the hereafter is predetermined- A great adult male can alter the class of history. Any adult male who has the bravery and the will can alter his ain hereafter. Naturally. none of us is all- powerful. Each man’s freedom has its bounds. Freedom lies between the boundary line of the possible and the will. It is beyond my power to forestall war. but I can execute an act which. multiplied by 1000000s. will be effectual. It is non possible for me to win a conflict. but it is up to me to be a brave soldier. Since this restriction of the will is dependent on what one dares. one must non worry about his restriction ; but do the best he can. Finally. the 4th. and most cherished of all values. is faithfulness. Fidelity to promises. contracts. to others. and to oneself. One must be among those who can be counted upon. Faithfulness is non an easy virtuousness. Thousand of enticements are thrown across our waies. â€Å"Faithfulness in matrimony. † said Bernard Shaw. is no more natural to adult male than the coop to the tiger. † Undoubtedly. fidelity is â€Å"natural. † It is born of a voluntary determination. invariably renewed. which helps us to lift above our natures. But it gives us the enduring joy of being at peace with ourselves. I may predate an immediate pleasance to guarantee myself the great joy in the hereafter of looking at my yesteryear without shame. but with pride. Every society in which citizens live for naught but fugitive pleasances. where work forces no longer swear each other. and whose members let themselves travel is doomed. When Rome let travel and ceased to put shop by the values which made her great. she perished. When France clung to eternal values she was saved. Modern engineering may alter one’s manners of action. but they change neither its values. the grounds for it. nor the responsibility of fidelity. Thus it was in the beginning and so it will ever be.

A 5-Step Guide to Revising Your Writing

A 5-Step Guide to Revising Your Writing When writing a paper, getting your thoughts collected, organized and onto paper is the first major hurdle. This alone is enough to send some students into a panic as they feel the pressure is on to churn out a final draft on their first try. The truth is that the first draft of your paper should be little more than an extended stream of consciousness on which you can build, tweak and finally produce your masterpiece. Revising your paper doesnt have to be difficult, though. Heres well give you a 5 step road map to revising that rough draft into the literary masterpiece you know it can be. Step 1: Just Write! The first step is to just get your thoughts down onto paper. Many times, this is one of the hardest steps since staring at a blank page can be intimidating for even the most seasoned writers. To get the ball rolling, begin by setting up a loose outline of what you want to write. Even if your rough draft outline begins with just vague ideas, questions to yourself and off topic tangents, it doesnt matter. This is simply meant to give you a framework on which to build. Bulk out your outline with quotes, statistics and other facts to act as touchstones throughout the paper. As you copy and paste facts, figures or relevant quotes, be sure youre keeping all sources in a separate document. For now, dont worry about formatting, spelling, grammar or even lucidity. See also How to write an introduction to an essay and How to begin and end your essay. Step 2: Begin Tying it Together Now that you have a basic framework, you can start tying everything together. This draft should be more cohesive and you can consider it your Working Draft. You may still go off on unrelated tangents and theres still no need to worry about spelling or grammar. You should, however, focus on tying arguments into your main point. You can help this process by identifying your papers main point establishing the point of the paper (to inform, argue, defend, etc) write your thesis statement (highlight this or put it in bold so you can find it easily as you continue to write) make sure each paragraph has a topic sentence and evidence or support directly connected to it get rid of off topic sections (if you think they could come in useful later, save them to a different file) This will help you bring the paper together and, by now, it should start reading more fluently. Read through it a second time and continue to cut the fat until it reads well and doesnt have a lot of superfluous information that could distract readers. Step 3: Read it Like a Reader The best way to check this step off the list is to sleep on it. Once you have a working draft, save everything and then dont look at it again for at least a day. Then, sit down and read it with your reader in mind. Consider the arguments they may come up with against your point or how they may interpret some of your conclusions. Look for any spots of fuzzy logic and begin to highlight and fix any problems in structure, grammar, spelling or in the way the paper flows. If you find sections jumping around too much, use transition paragraphs to help make it easier to follow. Move around paragraphs or entire sections if thats what it takes to make the paper easier to follow for readers. Step 4: Read it Out Loud Reading through your paper out loud engages your hearing which can help you identify misplaced punctuation and also helps to engage other parts of your brain which can boost creativity. Read from a hard copy so that you can easily make notes as you go through the paper. You can also record your reading so that you can just make verbal notes which may help since you wont have to stop and write things down. You can also highlight clunky areas on your hard copy to come back and rework later. Step 5: Get Critical Now is the time to read through your paper with a truly critical eye. Once youve added your notes from your final reading and tightened up the paper, its time to read it like you want to find something wrong. Get as critical as you can and highlight any areas that dont read well or which seem confusing. You should have some idea of what your instructor wants as well as what they are likely to focus on. Does this professor love shooting holes in a students argument? Look for any tiny loophole and address it in the relevant section. Or maybe its a professor who looks for errors in formatting, bibliography or footnotes. Tweak the paper with the reader in mind in order to deliver a perfectly tailored paper.

Music and Color which ones positively affect men and women, which ones Essay

Music and Color which ones positively affect men and women, which ones negatively affect them - Essay Example However, there are currently no books on this topic, and educators and parents are often forced to rely on news reports and websites that sometimes present the information in a biased and sketchy fashion. As a result, there is a great deal of confusion about the benefits of music listening and instruction. Music has been touted to cure backache, asthma, obesity, writer’s block, alcoholism, schizophrenia, prejudice, heart disease, drug addiction, headaches, and AIDS. Claims have been made that music makes bread rise better and improves the taste of beer. In Florida it’s now the law that all childcare facilities receiving state aid include at least half an hour of music exposure every day. The governors of both Tennessee and Georgia give newborns in their states classical music CDs. An Indiana obstetrician even markets a device that administers music in-utero. Clearly, most of these claims are unsubstantiated, despite the (usually) good intentions of their supporters. Unf ortunately, the exaggerated claims that have often accompanied the research have caused some academicians to be skeptical of any research suggesting the benefits of music. Although music is important in its own right, a book that systematically reviews what is known about the power of music to influence non-musical domains is necessary for scientists and laypeople alike’.(Sabattical , 2 ) ‘Color conveys meanings in two primary ways - natural associations and psychological symbolism. No, it’s not mind control. The truth of the matter is that people are comfortable when colors remind them of similar things. For example, a soft shade of blue triggers associations with the sky and a psychological sense of calm. Successful design requires an awareness of how and why colors communicate meaning. The source of these meanings can be quite conspicuous, such as those found in nature — red is the color of blazing fire

Compare and contrast Research Paper Example | Topics and Well Written Essays - 500 words - 1

Compare and contrast - Research Paper Example To begin with, the integrative negotiation strategy is stipulated as expanding the agenda negotiation strategy. As the name suggests, it aims to expand the boundaries of the negotiation by bringing in new ideas and issues to the negotiation situation that did not previously exist. Through this strategy, the parties are able to trade issues that are less important to them while retaining the more relevant issues to them and hence achieve the outcome they needed in the negotiation (Hatfield, Agoglia & Sanchez, 2008). Problem solving approach is the second form of an integrative negotiation strategy. This is a learning approach that is mainly aimed at identifying the interests of the involved parties and gathering information aimed at coming up with new solutions to the involved parties in the negotiation situation. It is mainly applied in an auditing negotiation situation whereby the auditor uses additional information to safeguard his desired outcome while still giving the client an avenue to feel that his objective was also achieved (Hatfield, Agoglia & Sanchez, 2008). Integrative negotiation strategy can be applied in the work setting whereby both parties will lose heftily if an agreement is not reached and where one party does not have undue influence over the other. An example is in negotiation situation involving a manufacturer and a sole supplier of its raw commodities. The two parties need each other and hence problem solving or expanding the agenda using data collection will have to be employed to come up with a decision that favors both parties (Hatfield, Agoglia, & Sanchez, 2008). In contrast, a distributive negotiation strategy is achieved using the interplay of three principles; conceding, compromising or contending. When contending is applied in a negotiation situation, it is mainly aimed at making the other party comply or resisting

Security Essay Example | Topics and Well Written Essays - 1000 words

Security - Essay Example This is majorly done through passwords without strong authentication. Some of the major security concerns related to passwords include phising, reuse and the use of easy to guess passwords. Malware infection is also a major challenge to the use of passwords realized in many situations. In light of these challenges, authentication is therefore very critical and this can be achieved through two-step verification. Google has introduced a verification feature called 2sv. In using the verification, one logs into the Google account and after the normal username and password process they are required to submit a six digit verification which might be sent to them through a phone text message. This feature also allows for revocation of the trusted computers. The major strength of the paper lies in the fact that it vividly provides much lucid information on the kind of security threats realized on Google and how users should identify them. In the same way, it presents a solution to this challe nge while providing its benefits effectively. However, the paper does not provide clarity on the aspect of Service Accounts and Delegation. In addition, the paper is weak on the aspect of Service –Side technology especially in relation to certificate transparency. 2) The credit card fraud seen in the notice is a typical example of a cybercrime. Conventionally, cybercrime takes many forms and many of these criminals seek ways and means of illegally obtaining money online. Considering that credit cards are normally used online in making payments, they are certainly vulnerable to cyber criminals. As seen in the case, many of the criminals usually create a series of false identities through which they create several credit cards. Such credit cards are the pumped up with money from credit bureaus. Others create sham companies which are then used to provide the credit bureaus with false information on the credit worthiness of the credit card owners who are actually false identities . The fraudsters also use a tradelines which are black market businesses used in committing fraud. It is therefore realized that the credit card fraud seen in the notice is indeed an aspect of cybercrime. On the other hand, the nature of the frauds as realized in the case might raise several questions on the aspect of general security and not just cyber security. It is seen that it was not only the virtual world that mattered in the commission of the crime but even real organizations which were not much protected from such scams. The case can therefore be viewed as a typical case of bank fraud as opposed to cybercrime. More importantly, the case can be viewed on the perspective of credit card security and can therefore be addressed by increased security from the credit card providers. 3) The Identity Ecosystem as postulated in the report is a kind of online environment where organizations and individuals will work together on trust and follow a set of agreed-upon standards. Each of these parties will be able to authenticate and identify their digital identities. This Ecosystem is basically intended to offer stronger identification while protecting the identity of the parties within. Indeed, it is important to note that such an environment might be a challenge to realize in the actual sense. Considering that it basically relies on trust between the organizations and the individuals, it is almost difficult for every party to follow the

Sources Of Finance And Impact On Financial Statements Finance Essay

Sources Of Finance And Impact On Financial Statements Finance Essay This brief report highlights the financial performance of the Trevors PLC using ration analysis and decisions on new projects that the company is going to be invested. Firstly it will focus on the financial statements of a company and the formats of financial statements. Secondly ration analysis performs on the basis of the information given about Trevors Plc. This explains under the main headings of Profitability, asset efficiency, liquidity, working capital management, solvency and Investors ratios. In addition to that it discusses the insufficient information to raise accurate comments on ratio analysis. Thirdly the emphasis will be given to the results obtained from net present value and Payback period calculations. Fourthly it identifies sources of finance. It involves details analysis of each financing methods and tax, ownership and controlling implication of each source. Finally the attention will be given towards the importance of financial planning and information need of the decision makers. Recommendation and conclusion of this report included in the latter part of this report. Financial statements Financial statements form a basis for understanding the financial performance, position and liquidity of a firm. As per the IAS Financial statement refers to, Balance sheet Income statement Statement of changes in equity Cash flow statement Accounting policies and notes An annual report includes following in general, Financial statements Auditors report 05 year summary of key financial data Stock prices(High or low) Management discussion and analysis Financial statements give good direction to achieve the objectives of a user. Fr example a lender to a firm in deciding whether or not to lend may refer to the cash flow statement. Financial health of a firm could be better understood by means of cash flow statement. Therefore this information collection can be viewed as a map, which provides a good direction. Often financial statements contain a large amount of information. Further the accounting policies, reporting environment, accounting practices are complex and constancy changing. The man can hide or omit key information, create the picture they require. Though the accounting standard limits variability, still financial reporting in different firms and industries has considerable deviations. The balance sheet is the snap shot of the firm. It is a convenient means of organizing and summarizing what a firm owns and what firm owes and the difference between the two at a given time (Equity). The structure of assets for a firm reflects line of business that the firm is in and also marginal decisions about how much cash and inventory to have and about credit policy, fixed assets acquisition and so on. Income statement measures a performance over some period of time, usually a quarter, or year. If you think balance sheet as a snap shot, then you can think of the income statement as a video recording covering the period between a before and an after picture. Information about the cash flows of an enterprise is useful in providing users of financial statements with a basis to assess the ability of the enterprise to generate cash and cash equivalents and the needs of the enterprise to utilize those cash flows. The economic decisions that are taken by users require an evaluation of the ability of an enterprise to generate cash and cash equivalents and the timing and certainty of their generation. A cash flow statement, when used in conjunction with the rest of the financial statements, provides information that enables users to evaluate the changes in net assets of an enterprise, its financial structure (including its liquidity and solvency) and its ability to affect the amounts and timing of cash flows in order to adapt to changing circumstances and opportunities. Cash flow information is useful in assessing the ability of the enterprise to generate cash and cash equivalents and enables users to develop models to assess and compare the present value of the future cash flows of different enterprises. It also enhances the comparability of the reporting of operating performance by different enterprises because it eliminates the effects of using different accounting treatments for the same transactions and events. As discussed in above lenders can evaluates the secure of their lending using g the information reflects on the cash flow statement. On the basis of that, if a companys cash flow statement reflects the well management of their cash and cash equitant that company is in position to raise fund easily from external sources. Various tools can be used in financial analysis. The derivative financial statements, (Cash flow statement, fond flow statement) Common size financial statement (Common size balance sheet and common size income statement), trend statement and Financial ratio analysis are the most commonly used tolls in financial analysis. These can be used as techniques of analyzing financial information for a more meaningful understanding of the financial position and performance of a firm. Formats of financial statements There are three basic forms of business organizations. Sole proprietorship, Partnership and limited liability companies. Sole proprietorship is a business form for which there is one owner, in a partnership two or more individuals act as owners and a limited liability company is a separate legal entity from its owners. When shares of a public limited company are listed, the company is known as quoted company, whose financial statements publication is compulsory. Therefore the annual reports of quoted companies are a major source of financial information. However most of the time, the financial information of sole proprietorships, partnerships and private limited liability companies are not readily publically available as there are no volunteers in financial statements publication. Tryor Plc presented their financial statements in accordance with the IASS since it get affects from legal requirements such as listing rules governed in the stock exchange. The main reason is the Tryor Plcs shared are listed on the stack exchange. Ratio Analysis Financial performance of the company can explain using a variety of measures. In particular, in this report, principally discuss the Trevors results by using ratio analysis. Ratio analysis can be regarded as a technique used in the financial statement analysis. It gives an insight in to the performance of an enterprise. Ratios could primarily be divided in to following areas: Profitability Asset Efficiency Liquidity Working Capital Management Gearing/ Leverage Investors Ratio Profitability This ratio reveals the efficiency of a business in terms of profitability and Assets utilization. Gross profit ratio of the company is recorded as 28.95%. This ratio is said to be favorable but in order to make accurate comment this has to be compared with the last year figures or industry averages. Net profit ratio of Trevors is 6.37%. Net profit ratio is also said to be favorable to the company since company earning profits from their operations. Trevor Plc was able to achieve significant turnover for the period. In addition to that management of the company was able to manage their cost of operations efficiently. However accurate comment on both rations will depend on the results of the last years and industry averages. (Refer Appendix 01 Profitability ratios) Asset Efficiency It assesses the efficiency of the company in terms of assets utilization. It is concerned on the areas of utilization of fixed assets and working capital. The detail analysis these ratios will reveal whether there are any idle assets or underutilized assets. Assets turnover is recorded at 0.73 (Refer Appendix 01 Asset efficiency ratio). This ratio indicates the  £1 of assets generates  £ 2.38 sales to the company. Therefore available information for the company is not sufficient since it has to be compared with industry averages or past years results. Liquidity This ratio assesses the liquidity position of the company. Liquidity is the amount of cash a company can put its hand to settle its debt and possibility to meet other unforeseen demands for cash payments too. A company can obtain liquid assets other the sales such as issue of shares for cash new loan or the sale of long term assets. But a company cannot rely on these at all times, and in general obtaining liquid funds depends on making sales and profits. Companys Current ratio is 2.16. Further Quick assets ratio is recorded as 1.50. (Refer Appendix 01). In theoretical view these two ratios are expected to be within a given range of 2:1 and 1:1 respectively. Trevors current ratio and quick assets ratio are lie within that given range. As a result of that companys liquidity position is held at good position. Therefore management of the company has to adopt on current strategies to continue this position in future also. However these ratios also compared with last year results or industry averages to raise an accurate comment on liquidity position of the company. Working Capital Management This assesses the efficiency of the working capital management of the company. Finished goods turnover ratio is recorded as 12 times. (Refer Appendix 01) Further this led to finished goods residence period to 30 days. In addition to that Creditors turnover ratio of the Trevors PLC is recorded as 8 times. Further company creditors period from suppliers is 45 days. Factors such as stock policies, policies on credit period allowed to debtors and those obtained from suppliers helps to determine the working capital management of the company. Comment on those rations cannot be raised due to unavailability of information. However Company would concentrate on increasing the rapidity of cash cycle, because each cycle can enhance the profitability of the company. Solvency Gearing ratios are concerned with a companys long term stability. How much the company owes in relation its size, whether its getting in to heavier debt or improving situation, and weather its debt burden seems heavy or light. Debt to equity ratio recorded as 3.94. It means  £ 01 of equity carries  £ 3.94 of debt. (Refer Appendix 01 gearing ratio) By just seeing the ratio its fair to say that Trevors uses significant amount of debt and can be identified as a geared company. Debt generally carries a fixed rate of interest; hence there is a given amount to be paid out from profits to holders of debt before arriving at residue available for distribution to the holders of the equity. The highly gearing situation creates greater risk to the equity holders. This means that there will be a grater volatility of amounts available for ordinary shareholders and presumably therefore greater volatility in dividends paid to share holders. Dividend payment in year 2009 is  £ 50,000. Investors ratio These ratios are considered to be external ratios and are used in evaluating the stability and investment potential of a company. Basic Earnings per share of the Trevor Plc was  £2.03 in 2009, reflecting the profitability in 2009. (Refer Appendix 01 Investors ratio). Trevors Plc can be considered as a well performing company in the industry since company maintains favorable investors ratios attracting potential investors. However this comment will not be accurate due to unavailability of comparison information about the past results of the company or the industry averages. Net Present Value (NPV) and Discounted Pay Back Period NPV =  £ 484,750.89 (Refer Appendix 02) Discounted Pay Back Period = 02 years and Nine Months (Refer Appendix 02) This project gives positive NPV of  £ 484,750.89. Further this project enables to recover its initial investment with in the period of 02 years Nine months. In order to make a decision based on the discounted payback period it has to be compared with target payback period. However project recovers its cost during its life time. Meanwhile positive NPV value gives a favorable indication that project is worthwhile. Therefore according the calculation its profitable to accept the project. Sources of Financing Term Loans Higher Purchases Debentures Venture Capital Leases Offer for sales Right Issue Tax Impact, Control and Ownership of Sources of finance Term Loans, Higher purchases, Debentures, Leases and venture capital can be identified as the debt financing methods. In the case of term loans, higher purchases, debentures and leases, existing ownership of the company may not be diluted. Voting rights to Control the company lies with the equity holders even though the company raise finance through above mentioned sources. Interest payments on debentures and term loans are tax deductible and debt holders do not have any controlling power in the company. However in the case of venture capital there is a risk associates with controlling power of the company, since controlling and planning of the business will be held in the newly acquired management. Rising of equity financing is much easier for a public company whose shares are traded on a stock exchange then its for a private company. Offer for sales and right issue can be identified as sources of Equity financing. Right issues are cheaper than offer for sales to the general public since it does not require the prospectus and less cost of underwriting. Right issues are more beneficial to existing shares holders than new shareholders. New shares are issued at discount to the current market price to the existing shareholders. In the case of right issues controlling power and ownership of the existing shareholders may not be diluted. However offer sales will lead to dilute the controlling power of the existing share holders. Dividend payments to existing shareholders and new shareholders are not tax deductible. Term Loans Long term loans are available from lending institutions and the commercial banks. It can be obtained to cover specific projects for restructuring as well as for equipment financing. Term loans are granted mainly on the strengths of cash generation of the project. This type of term loan facilitates grace period and easy repayment schedule at the early stage of projects operations. High purchases This is defined as procedure of purchasing goods under which the purchaser pays a deposit on the receipt of the goods followed by a number of installments until the debt is cleared. The goods do not become the property of the purchaser until the last installment has been paid. Debentures Debenture is direct from of borrowing by a company from the investors. In this case the interest rate and maturity period are fixed. The company is not required to pay the value of the debt before maturity although in some instances companies may prefer to redeem them before maturity by buying them back in the market. Venture Capital It refers to participation by way of equality or co- financing through long term convertible debt in business. Venture capital means risk capital. This type of capital is sought to assisting product development, market research and acquisition of plant and equipment. Risk associates with this are venture capital involves control of management and planning of the business. Leases Its a form of lending which enables a firm to use an asset without owing it. The owner of the assets grants another party the right to use the asset usually for a specific period in return of a series of specific rental payments. The risk is that lessee is not the owner of the asset for which he cannot claim capital allowances. Offer for sale Offer for sales is method of issuing shares to the public, which have already been bought by an investor as a block. Therefore its not considered as a primary issue but a secondary sale. A financial institution buys blocks of shares usually when the companies are formed and offer to the public at a later date. Right Issue Is a new issue of shares but subscription is limited to existing shareholders. Companies in need of additional capital usually go right issue unless the funds requirement is very large. The issue price will be determined usually at a level lower than the market price. Cost of sources of finance and impact on financial statements (FS) Capital structure decision is very significant since the question arises where her there is an optimal mix of capital and debt which a c company should try to achieve. If company is looking for obtaining debt Capital Company should earn enough profits to cover its interest charges before anything is available for equity. On the other hand if borrowed funds are invested in projects which provides return in excess of cost of debt capital, then the shareholders will enjoy the increased return on their equity. General cost of debt of each source as discussed in above is greater than the cost of equity financing. However tax savings can be enjoyed by the company in the cash of interest payments on debt financing. In the case of issuing shares to the public company has to incur considerable amount of expenses which are not tax deductible. As far as companies are concerned debt capital is potentially attractive sources of finance because interest charges reduce the profits chargeable only t o corporate tax. Shares can be issued to the public for the company whose shares are traded on the stock exchanges. In such case financial statements has to be complied with the IASs, listing rules and other regulations governing under the various institutions. Further format of financial statements for those companies are predetermined. But any company can obtain debt financing. In such case if the company is a quoted company, it has to be disclosed the financing sources and their cost and interest payments made during the period. Best method of raising funds Initial investment of  £ 1 m for the new project can e obtained from the term loan as a source of debt finance. Term loan has been selected to finance this project since this type of a loan can be easily obtained by Trevor PLC. Its quoted public company and this loan is obtained as the project oriented loan. Companys controlling power and the ownership of the existing shareholders will not be diluted. This is a main advantage to the company. In addition to that company does not have to incur any issue cost on issuing shares or debentures to the public. Company should have to incur only the interest payment on the borrowed amount of  £ 1m. Further interest payment on such loans is tax deductible and company can enjoy some tax savings. Debt holders do not have any controlling power on the entity. Anyhow company liable to pay interest whether company earn profit or incur loss. But this method is very suitable since this project generates a positioned net present value. In addition to the above this type of a loan repayment is geared to the specific needs of the project and may include a grace period before repayments commence and easier repayment schedule at the early stages of projects operations. Depending on the nature of the cash flow patterns firms are sometime allowed to capitalize the interest during the start up period. Financial Planning Finance for a business is provided either by owners or creditors. Finance is categorized by their maturity periods as short term and long term. Short term funds have maturity of on e year or less while long term funds have maturity of more than on e year. Therefore financial planning is very important for a finance manger since he has to match cash inflows from assets with the assets sources of financing. As such medium and long tem fiancà © investment in an enterprise should be financed from a medium and long term source. Investment in fixed assets such as land and buildings, plant and equipment generates benefits during their effective economic life. Therefore fund s locked in these assets will be repaid over a longer period. Thus long term assets should not be financed through short term sources. Therefore financial planning is significant without which company may incur heavy losses or possibility to go for bankruptcy. Information Needs of decision makers Piece of Information about any company is very essential to the stake holders who are interested in that company. Different stakeholders see the organizations from different angels. As such existing shares holders likes very much about the sales, gross profits, expenses incurred and profits earned during the period and any dividend payments. Potential investors are interested about the current earnings per share and new investments that the company is going to be implemented. Employees keen about the bonus payments, incentives, series and wages and potential survival of the company to ensure their job security. Government regulators are looking for information about profits and business operation to collect tax payments and other duties imposing on the nature of the business. As such different king of information about the company serves the stakeholders to make decisions which maximize their value. Unit Cost and Profit Margin As per the calculation (Refer Appendix 03) unit cost of a toy is recorded as  £ 19.68. Whereas profit margin of a toy (Refer appendix 03) is equal to the  £ 0.7179 in accordance with calculation. Recommendation Conclusion It is recommended Trevors Plc to undertake the new project of manufacturing and selling brand new toys since it generates positive net present value. Its fair to say the Trevors Plc perform their operations well. However accurate comments on ratio analysis cannot be raised since unavailability of comparison information about the past results of the Trevors PLC and industry averages.

A Feminist Look at The Descent of Odin :: Descent of Odin Essays

A Feminist Look at The Descent of Odin  Ã‚     It is obvious that there are many differences between men and women.   Throughout history women have been taught to dress, act, and speak differently than men.   These differences are so common that they can sometimes be overlooked in everyday life and in reading.   By taking a closer look at poems and stories one can begin to see how frequently gender differences occur.   Thomas Gray’s â€Å"The Decent of Odin,† read from a Feminist point of view can reveal many examples of these differences through the use of dialogue.      Ã‚  Ã‚  Ã‚  Ã‚   The Marxist Feminist view looks at the relationship between class and gender (HCAL 202).   This poem was written in 1761, a time when women were considered second to men.   Men spoke down to women and controlled them, especially women of a lower class.   In this poem Odin is the chief of the Norse gods and the Prophetess is but a lowly god of the underworld (Grey 61).   This gives Odin control over her. The poem shows a good example of this control that men Odin has.   When he is asking to find out who killed his son he commands the Prophetess to, â€Å"Once again my call obey† (51).   Three times he orders the Prophetess to obey.   This continual order to obey is also a clue to the reader that Odin is of a higher class than the Prophetess.   He not only commands the Prophetess, but also insults her.   After she discovers who Odin is, he lashes back at her by saying, â€Å"No boding maid of skill divine art thou, nor prophetess of good; but mother of the giant brood!† (84-86) At the time that this poem was written chivalry was very important.   Although a woman was not considered equal to a man, she was treated with some respect if she was of an upper class.   The Prophetess, however, was of a class of gods below Odin and, therefore, she was spoken to like a servant.      Ã‚  Ã‚   Gender differences are further woven into the tone of each of the characters. Odin speaks forcefully as men do more often than women.   He is also more direct in what he is saying, where as the Prophetess takes four lines to ask who wakes her from her sleep.   Odin interrupts the Prophetess at one point in the poem, which is an action associated with men more than it is with women.

Poetry Criticism Essay

?Write a critical appreciation of the poem INCENDIARY by Vernon Scannell. You should comment on theme, diction, tone and structure. An incendiary is a bomb which sets things on fire, which gets across the idea that the boy was like a dangerous weapon, ready to explode at any time. This poem is about a boy who sets a farm on fire in hope that he receives the attention he has been longing for. In the first line, the poet describes the boy to have a face â€Å"like pallid cheese†. This simile is depicts the boy to look quite sick and weak. We immediately feel pity and realize that the boy is uncared for. The poet also describes the boy to have â€Å"burnt-out little eyes† implying that, with reference to fire, his eyes have died out showing that he has lost hope. The fire was huge, boiling and all-consuming, as implied in this quote: â€Å"As brazen fierce and huge, as red and gold and zany yellow. † This suggests that the fire was a multitude of colours- â€Å"red, gold and zany yellow†. It was also bold, savage and extremely big- â€Å"Brazen, fierce and huge†. The word zany also suggests it being, uncontrollable or wild. The poet shows the extent of damage caused by the fire through the quote â€Å"spoiled three thousand guineas† worth of crops. The fact that he uses â€Å"guineas† could imply that the poem was set some time ago. Scannell portrays the scene as frightening and very damaging: â€Å"Is frightening- as a fact and a metaphor†. He describes the flames as â€Å"flame-fanged tigers†. This is a metaphor in which the flames are compared to tigers; wild animals which are perceived as viscous and ferocious. These large flames are said to be â€Å"roaring hungrily†. The use of the word â€Å"hungrily† implies that the flames are consuming while the use of the word â€Å"roaring† is an onomatopoeia showing that the fire was loud. The reader no longer feels a sense of pity towards the boy because he has caused so much irreversible damage. The feeling of hostility is heightened through this quote: â€Å"And frightening too that one small boy should set the sky on fire and choke the stars†. This use of personification portrays the image of the large amount of smoke rising so high that it blocks out the stars. This could possibly be another indication of lost hope as the light of the stars is no longer visible. The poet once again tries to make us feel pity for the boy: â€Å"Such skinny limbs and such a little heart which would have been content with one small kiss had there been anyone to offer this†. This quote once again introduces the theme of neglect. His â€Å"skinny limbs† show that he is malnourished. The boy is longing for â€Å"one warm kiss† which gives the reader an idea of his motives. He is probably seeking attention, in an effort to be loved. The poem doesn’t have a particular rhyme scheme however rhyming couplets appear three times throughout the poem, one of them appearing at the end. Like this, the poet emphasises specific lines in which he may want to be particularly powerful. When a poem ends in this way after not having much rhyme throughout, it can make it more emotionally moving. Due to the lack of punctuation and the effect of the rhyming couplets that appear, the tone is quite fast which possibly indicates the short amount of time in which the farm caught fire. It may also create a lively atmosphere to bring the energy of the fire to life. In this poem, Scannell uses an exaggerated but possible example of what a child may do when he or she is uncared for. Through this he tries to show us the consequences and dangers of neglecting children and the desperate measures they may turn to.

Overrated Pity essays

Overrated Pity essays Tea and Sympathy by Robert Anderson is based upon several factors of todays society and the truth about human interactions. It shows the lack of acceptance in the United States today and how it affects public society. In this play by Anderson, a young teachers wife finds a way to communicate with a boy who is an outcast while attempting to make a difference in a world where many are ridiculed in a plea for tolerance. Tea and Sympathy portrays the logic and emergence of a new age where difference is morally wrong and improper. An innocent boy goes swimming with an instructor-an instructor whom he likes because this instructor is one of the few who will encourage him, who dont ride him. -And because hes an off-horse, you and the rest of them are only too glad to put two and two together and get a false answer-anything which will let you go on and basically persecute a boy whom you basically dont like. (Pg 42) This line is spoken of rage and is overcoming obstacles that one woman can no longer bear. Laura finally tells her controlling, arrogant husband that his bias ways are finally out of control and his favoritism has to end. The idea in general of not getting anywhere in humanity because of facial features, sexuality and origin of sex even, has gotten out of hand. The fact that a young adolescent who does not have the urge to become involved in athletics makes him a homosexual is preposterous. The problem with the United States has everything to do with judgmental hypocrites and physical beauty. Just because members of elite, high-class society do not care to look twice at underprivileged middle-class civilization, everybody has to undergo. If an individual does not look like a celebrity icon, they are not precious enough to be in the cream of the crop authority. Unreasonable laws are brought ajar, and disadvantages are given to the weaker powers. They are lo ...

Good Will Hunting essays

Good Will Hunting essays We could not be where we are today if great minds like Albert Einstein and Isaac Newton didn't exist. These individuals helped create who and what we are today. Without their help our world would be a far more primitive one. These incredible people are said to have a gift, which few could only dream of. But what if these individuals decided in not using this gift. Then where would we be today? In the film "Good Will Hunting" Will Hunting is blessed with having this gift, but isn't convinced if he should use it. Will kept his gift to himself. He wasn't what society sees as a typical mathematical intellect, being well dressed, law biding, unathletic, and antisocial. Instead he played sports, fought a lot, used foul language, and drank excessively. He acted this way because it was the way he grew up and he didn't want to be treated differently because of his gift. When a Hartford professor sees Will's capabilities he can only think of the possibilities a great mind like Will's could create. Will, on the other hand would rather work a labor-oriented job for the rest of his life. He believes his job as, a janitor or demolition laborer, are just as noble as any other. The truth is Will isn't psychologically stable and therefore he doesn't know what he really wants. His whole life he lived in different foster homes and was abused excessively by different people. This abuse leads him to live a life where he pushes people away because he's scared of getting hurt. When Skylar, his girlfriend, asks him to move with her to California he automatically acts in his defense mode of pushing her away. He convinces himself that if they did go away together she would eventually leave him for a more economically stable guy that her mother would approve of. His psychologist (Robin Williams) realizes the psychological problem Will faces and understands that this problem must be dealt with before Will can decide what he really want...

YMCA Essay Example | Topics and Well Written Essays - 1000 words

YMCA - Essay Example YMCA Canada strong position profile is that YMCAs must demonstrate impact on individuals’ spirits, minds, and bodies while ensuring strong kids, families and communities. YMCAs must be valued contributor to communities and influence community relative to its strategic priorities. The YMCAs must has programs that enable members attain their personal goals and assist people to participate in the YMCA and demonstrate growth in participation over time. The YMCA has a culture of member involvement and has identified the audiences and has communication plans to address each audience. It was founded in 1856 with the mission of providing personal growth opportunities in spirit, mind and bodies to people of all backgrounds, beliefs and abilities. The principles of the YMCA are caring, honesty, respect and responsibility. The association served about 28,000 children annually through childcare and camping at 16 childcare locations, 2 residential camps, summer day camps and after school programs (MacDonald, 2013, p 72). It provided 13,025 heath, fitness and recreation (HFR) memberships for adults and children in 5 branches. It made 2,994 assisted HFR memberships and 1,100 assisted camperships and also assisted 310 children in child care. In 2004, childcare contributed 38 percent of revenues, HFR contributed 27 percent and camping services contributed 16 percent. 90 percent of revenues was contributed by participation fees and programs. Programs contracts contributed 7 percent, ancillary 4 percent, United Way 1 percent, and annual donations 2 percent. There are plans f or all senior managers to sign performance contracts on program quality and financial performance. Partnerships have been a critical strategy for long-term success in the attainment of participation of 102,000 individuals by 2010 (MacDonald, 2013, p 79). The service is offered in five

Contract Law Assignment Example | Topics and Well Written Essays - 3250 words

Contract Law - Assignment Example There parties entering the contract must mutually understand what the contract purports to cover. This phenomenon is called ‘meeting of the minds.’ There must be offer and acceptance in a legally binding contract. The contract constitutes an offer to one party and the consequent acceptance by the other party. The element of offer and acceptance thus involves the expression of willingness of both parties to complete the contract. The parties entering the contract must belong to the age of the majority. However, some contracts may involve the minors such as the contract of will. There must be a possibility of performance in a legally binding contract. The contract must be physically or legally performable. The contract must portray the intention to create legal relations. A general principle, the social promises are presumed not to be legally binding (Turner & Martin 2004). There must be legal consideration in a contract. The legal consideration constitutes the value of the exchange depending on the nature of the objects present in a contract. There must be a legal object in a contract. The contract should not, by nature violate the policy of the public. Otherwise, illegal contracts are enforceable. However, a contract that has all the essential elements is valid.... Adam does work, but Cynthia refuses to pay him. Issue Whether the contract is illegal or not Rule The damages arising from the material contributions of an individual to the performance of an illegal act, with the knowledge that the materials are intend to propagate the illegal activities are irrecoverable. The claim by the plaintiff is aims at settlement of the payments using the earnings from the illegal business. Analysis The case between Adam and Cynthia constitutes illegality by virtue of the element of prostitution. Prostitution at common law is always an act that promotes sexual immorality. All acts that promote sexual immorality are prohibited hence are unenforceable. The difference between an illegal act and an immoral act is so thin that the applied principles are similar in either case. The case of Pearce v Brooks (1866) Lr 1 Ex 213 Exch tries to explain the nature of this case. In the case, Pear the plaintiffs, Pearce coach builders allowed Brooks, the prostitute to hire their brougham. Brooks was going to use the brougham in her prostitution business of attracting her clients. At common law, contracts that promote sexual immorality are unenforceable due to their illegality. Pearce was aware of the business that that Brooks was going to transact, prostitution. Brooks refused to honor the obligations of the contract. Pearce claimed compensation for the damages but, the court refused. The court held that he had participated in an illegal contract with the knowledge of its illegality. The jury did find no evidence that the payments that Pearce was claiming from Brooks were to be derived from the illegal business. However, there were reasonable grounds to believe that Pearce while giving out the brougham for hire knew that