James Spencer Essay

Presentation The conditions for the poor were awful when Charles dickens composed the novel a Christmas ditty to communicate his anxiety about the conditions for these individuals. From the start Charles was going to show his anxiety by composing a genuine handout clarifying the conditions individuals were living in however after much idea he chose a book would be better since he was a celebrated writer. Charles accepted this would help by alarming individuals of the lives the individuals were living so they would give to noble cause at Christmas a period of giving. Passage 1 In fight one of the book we are acquainted with Scrooge and Jacob Marley. In the main fight miser is portrayed as and detestable man and furthermore you can tell this from the things he says â€Å"Every imbecile who goes around with â€Å"Merry Christmas† all the rage ought to be overflowed with his own pudding and covered with a stake of sacred through his heart. † He answered to his nephew after he welcomed him to Christmas supper this shows he dislike Christmas and furthermore he is discourteous and isn't apprehensive about offering his perspective to other people. Penny pincher is inconsiderate to all the individuals who attempt to be pleasant to him in this first section from the men who requested a gift for a noble cause to his worker who requested Christmas vacation day to whom he just barely excepted state he should be in the prior the following day. At the point when penny pincher returns home he sees the phantom of his ex-accomplice Jacob Marley who discloses to him he should patch his ways or he may wind up with a comparative destiny. Section 2 In fight two Scrooge is visited by the first of the three phantoms of Christmas the apparition of Christmas past. This part gives us a ton of significant data on miser, for example, his time at school his work for Mr. Feziwig and his relationship that finished when he got fixated on cash â€Å"I have seen you nobler goals tumble off individually until the ace energy, gain, immerses you†. Scrooge’s fianci e revealed to him when she didn’t need to see him any longer since he had changed at the asking of this section he is appear as a persevering kid in school that didn’t truly have any companions however had a mesh love for his sister. The part additionally informs us regarding the time he worked for Mr. Feziwig and how he used to make some great memories and how he was terrible business since he didn’t treat his staff to a decent time. Passage 3 In fight three Scrooge meets the second of the phantoms the apparition of Christmas present who gives him what over people groups Christmas resemble this shows the horrifying conditions the Cratchits lived in and how his nephew slights him and what he says about him â€Å"his offenses convey their own discipline, and I have nothing to state against his†. Fred said after he called a toast to his uncle later on at the supper they all affront tightwad. In this section we learn of the extraordinary neediness of the Cratchits were they need to share glasses and of little Tim’s disease and how he will pass on if penny pincher doesn’t help him. Passage 4 In fight for miser meets the remainder of the apparitions the phantom of Christmas future. In this part of the book miser discovers he has kicked the bucket and he understands that nobody preferred him and that his cash was no utilization to him when he was dead â€Å"he scared everybody away from him when he was alive to benefit us when he was dead! Ha, ha! † The pawn specialist say’s as we understands all of scrooges assets have been sold when they can never again be any utilization to him as he is dead. In this part he understands that being a terrible individual isn’t any great to him and that’s its better to be recognized as a decent individual than an awful one in light of the fact that that’s all you have when you kick the bucket. Penny pincher has now changed and needs to be a superior individual and we see what he portion in the last section Paragraph 5. In the last part in the book penny pincher is by all accounts more joyful individual he portion this by attempting to be pleasant to others and by carrying out beneficial things he additionally apologizes to sway and says â€Å"a merrier Christmas, bounce, my great individual, than I have given for some a year! I’ll raise your pay; try to help your battling family. † Scrooge said to sway on Christmas day he likewise gives the Cratchit’s a turkey secretly and goes to supper with his nephew and family this shows penny pincher has changed a ton and furthermore need to be a superior individual. End I accept that before the finish of the story penny pincher is a superior individual and the main explanation he turned into an awful individual was his very own direct result obliviousness to what was happening around him. Charles Dickens is attempt to tell his rich crowd of perusers that cash isn’t everything and you can make some great memories without it however on the off chance that you do have it you ought to be liberal and attempt to help over individuals make some great memories and by doing that you will make some great memories your self.

As I Lay Dying Essay Example For Students

As I Lay Dying Essay In â€Å"As I Lay Dying† William Faulkner utilizes different perspectives to investigate the topic of presence as an unmoving and good for nothing cycle. The cycle is unmoving on the grounds that it is inevitable and unchangeable. One can never leave the pattern of life and demise. Individuals propagate the cycle by making life, yet in making life they are making passing, forever irreversibly prompts demise. Faulkner portrays presence as futile. Nothing truly changes in the story. On a superficial level the characters seem to change, for example, Addie passing on, Darl going insane and Anse getting another spouse, however none of these progressions are truly as important as they appear. By utilizing numerous perspectives Faulkner gives us access to every character mind. We perceive how every individual considers the pattern of presence. This understanding could be practiced with an omniscient storyteller, however Faulkners way is considerably more powerful. Faulkner permits us to see a ten-year-olds point of view on life and passing from the viewpoint of a ten-year-old, rather than from the point of view of some infinitely knowledgeable storyteller that doesnt truly realize what its like to be a ten-year-old. Likewise, the genuine succession of storytellers is in a cycle. We dont simply hear all of Darls perspective, and afterward Anses, and afterward Peabodys. Faulkner pushes through his characters, returning over and over to individuals like Darl and Dewey Dell and Vardaman, while having characters, for example, Jewel and Addie talk just a single time. Addie Bundren is from multiple points of view the focal character of the story. The plot spins around her as her family attempts to get her body to Jefferson for entombment. Her single monolog comes in the specific center of the book, making her geologically the focal character. In particular in any case, she is the character who best communicates the still and insignificant pattern of presence. My dad said that the purpose behind living is preparing to remain dead† (506). With life comes the undeniable information that demise will inevitably follow. Individuals live their whole lives realizing that eventually all they need to anticipate is demise. This makes life insignificant, since it will all be overlooked with ones passing. In all actuality, this view could be tested by individuals who have faith in a life following death, however the main two extremely strict individuals in â€Å"As I Lay Dying,† Cora and Whitfield, are depicted as to some degree dumb and devious. So Faulkner obviously needs us to believe that life is pointless. For the characters in his story, life is surely trivial. Addie portrays the triviality of life when she discusses words. â€Å"†¦words are nothing worth mentioning; that words dont ever fit even what they are attempting to state at† (504). On the off chance that words are useless, at that point by what means would life be able to have importance, since words are humanitys work Words are what permit correspondence, and correspondence is the thing that gives life meaning. Without correspondence life is without every social angle, and people are social animals. Addie understands the pointlessness of life, and she realizes that she is up to speed in the pattern of life and passing, and that there will never be a way out structure it. She realizes that she carried her youngsters into a similar cycle that she herself is in, and that they also will live exhaust lives just amazing. Dewey Dells circumstance is a case of how the pattern of presence is sustained, even without wanting to. She attempts to not proceed with the cycle into the people to come, however the cycle is amazing to such an extent that she can't abstain from having the youngster. Faulkner gives us Dewey Dells perspective, on the grounds that without it we probably won't realize that she is pregnant. .u6d8b64a70edf2777321dcf155337d186 , .u6d8b64a70edf2777321dcf155337d186 .postImageUrl , .u6d8b64a70edf2777321dcf155337d186 .focused content zone { min-tallness: 80px; position: relative; } .u6d8b64a70edf2777321dcf155337d186 , .u6d8b64a70edf2777321dcf155337d186:hover , .u6d8b64a70edf2777321dcf155337d186:visited , .u6d8b64a70edf2777321dcf155337d186:active { border:0!important; } .u6d8b64a70edf2777321dcf155337d186 .clearfix:after { content: ; show: table; clear: both; } .u6d8b64a70edf2777321dcf155337d186 { show: square; change: foundation shading 250ms; webkit-progress: foundation shading 250ms; width: 100%; haziness: 1; change: obscurity 250ms; webkit-change: mistiness 250ms; foundation shading: #95A5A6; } .u6d8b64a70edf2777321dcf155337d186:active , .u6d8b64a70edf2777321dcf155337d186:hover { darkness: 1; change: murkiness 250ms; webkit-change: mistiness 250ms; foundation shading: #2C3E50; } .u6d8b64a70edf2777321dcf155337d186 .focused content region { width: 100%; position: relative; } .u6d8b64a70edf2777321dcf155337d186 .ctaText { fringe base: 0 strong #fff; shading: #2980B9; text dimension: 16px; textual style weight: intense; edge: 0; cushioning: 0; content beautification: underline; } .u6d8b64a70edf2777321dcf155337d186 .postTitle { shading: #FFFFFF; text dimension: 16px; textual style weight: 600; edge: 0; cushioning: 0; width: 100%; } .u6d8b64a70edf2777321dcf155337d186 .ctaButton { foundation shading: #7F8C8D!important; shading: #2980B9; outskirt: none; fringe range: 3px; box-shadow: none; text dimension: 14px; textual style weight: striking; line-stature: 26px; moz-fringe sweep: 3px; content adjust: focus; content adornment: none; content shadow: none; width: 80px; min-tallness: 80px; foundation: url(https://artscolumbia.org/wp-content/modules/intelly-related-posts/resources/pictures/straightforward arrow.png)no-rehash; position: total; right: 0; top: 0; } .u6d8b64a70edf2777321dcf155337d186:hover .ctaButton { foundation shading: #34495E!important; } .u6d8b64a 70edf2777321dcf155337d186 .focused content { show: table; stature: 80px; cushioning left: 18px; top: 0; } .u6d8b64a70edf2777321dcf155337d186-content { show: table-cell; edge: 0; cushioning: 0; cushioning right: 108px; position: relative; vertical-adjust: center; width: 100%; } .u6d8b64a70edf2777321dcf155337d186:after { content: ; show: square; clear: both; } READ: The sonnet Gujarati EssayIf the story were told from, state, Cashs perspective, we would have no clue that Dewey Dell needs to go to Jefferson to have a fetus removal. An omniscient storyteller could give us this data about Dewey Dell, however it would not influence us a similar path as when it comes legitimately from her. By utilizing the primary individual perspective Faulkner takes us inside the characters brains and makes us a piece of their contemplations and activities. So when Dewey Dell says, â€Å"I lean somewhat forward, one foot progressing with dead walking† it influences us significantly more by and by than if an omniscient storyteller says something very similar (471). Its like Dewey Dell is imparting a piece of herself to us. She is sharing her insight into the pattern of presence. She realizes that she is alive, yet that each progression just carries her one bit nearer to death, and she carries us closer to herself by giving us this information. Dewey Dell grasps the perusers such that no omniscient storyteller could in this story. Vardaman is excessively youthful and unpracticed to completely comprehend the significance, or insignificance, of life, yet he impeccably portrays the stillness of the pattern of presence. I strike at them, striking, they wheeling in a long thrust, the carriage wheeling onto two haggles like it is nailed to the ground and the ponies unmoving like they are nailed by the rear feet to the focal point of a spinning plate† (469). Life and passing resemble the ponies and surrey exclusively they move, yet the whole cycle remains still in a similar spot. The cycle resembles the spinning plate that Vardaman depicts. It causes things to seem to move and change, yet truly everything just remains the equivalent. This spinning and unmoving and revolving around symbolism is rehashed all through the book. The flood scene has the spinning yet fixed symbolism, and vultures are continually hovering above Addies final resting place. This rehashed symbolism makes it a significant piece of the story. The progressions that the characters experience truly arent changes by any stretch of the imagination; they are only the following stages in the pattern of presence. Addie biting the dust just concludes her life. She was moving towards death her whole life, and she at long last makes it. Anse getting another spouse doesnt transform anything in the family structure. She is only a substitution of Addie. Everyones life goes on similarly as it had previously, except for Darl, who goes to a psychological organization. Be that as it may, his absurdity isn't as bizarre as it initially shows up. All through the whole story Darl is absolutely befuddled about his own personality. He doesnt know what his identity is, or who he isn't. He doesnt comprehend what his place is throughout everyday life, and the way that he goes insane is essentially the following stage in his character emergency. Once more, it is on the grounds that we are given Darls musings that his wildness sounds good to us. We are brought into his confounded psyche, thus when it at long last breaks we get why. So no one in the story truly changes. They are all in an unmoving reality, moving gradually towards death. Faulkners utilization of perspective causes us see how the characters feel about their pattern of presence, and the amount of it they genuinely comprehend. On the off chance that Faulkner had recounted to this story some other way, we would not comprehend the cycle just as we do. We wouldnt feel a piece of they story and the characters. We would be removed from their feelings and contemplations. Be that as it may, for what it's worth, we feel like a piece of everybody in the story, and we can identify with and comprehend their considerations.

The Reflected Appraisal Process and Self Concept

The Reflected Appraisal Process and Self Concept Basics Print Reflected Appraisal Process and Self Concept By Kendra Cherry facebook twitter Kendra Cherry, MS, is an author, educational consultant, and speaker focused on helping students learn about psychology. Learn about our editorial policy Kendra Cherry Updated on October 11, 2019 PeopleImages.com / Getty Images More in Psychology Basics Psychotherapy Student Resources History and Biographies Theories Phobias Emotions Sleep and Dreaming In social psychology, the reflected appraisal process is considered one of the influences on the development of self-concept. The term refers to a process where we imagine how other people see us. In many instances, the way we believe others perceive us is the way we perceive ourselves. We all make judgments about the people, objects, and events in the world around us. We are also aware that other people make judgments about us. Think about the last time you went to a party. You probably spent quite a bit of time getting ready, selecting the clothes you would wear as well as other aspects of your physical appearance. Once you are at the party, you immediately become aware that other people are taking in your presence and making judgments about not only how you look, but how you present yourself, your personality, and even your preferences. It was sociologist Charles H. Cooley who first described how the reflected appraisal process works in his concept of the looking-glass self. Cooley suggested that a persons sense of self emerges based upon his or her understanding of how he or she is perceived by others. According to this concept, social interactions play a central role in the development of a sense of self. Psychologist Harry Stack Sullivan was the first to use the term reflected appraisal in his 1953 book The Interpersonal Theory of Psychiatry. How Self-Awareness Develops and Why It Matters How This Practice Affects You There are a number of different factors that can influence how strongly this reflected appraisal can impact an individuals self-assessment. For example, people tend to be more affected by judgments delivered by someone deemed highly credible. Imagine that you are an aspiring artist and that you are having your first gallery show at a local university. One of your most esteemed mentors looks at your work and delivers a glowing review. Since you see this individual as a highly credible source, the compliment will carry much more weight than if it was delivered by a random stranger off the street. Receiving similar appraisals from a variety of sources can also play a role in how strongly the individual is affected by the process. If you receive compliments from an acclaimed local artist, from several art professors at the university and a local art critic, the sum of all these appraisals will likely carry more weight and have a greater impact on your self-concept. Family relationships can also play a role in how reflected appraisal influences feelings about the self. For example, children who grow up with parents who consistently offer positive and supportive appraisals will be more likely to experience a stronger sense of self and better self-esteem as they grow up. In such instances, credibility continues to play a role in how these appraisals are viewed. A positive judgment from a parent will carry greater weight than an appraisal from a younger sibling.

Financial Statements Of Aramex And Air Arabia Finance Essay - Free Essay Example

Sample details Pages: 9 Words: 2804 Downloads: 1 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? The present report is to compare the financial statements of Air-Arabia and ARAMEX both in the transportation sector. In this report, comparison of liquidity ratios, debt management ratios, asset management ratios and the profitability ratios of these two companies. At first, the above mentioned ratios for each of the firms are calculated and then, a comparative study is made between these two companies ratios and analysis is done to find out the different aspects of the companies financial position. Liquidity ratios which deal with the ability of the firm to meet its current obligations are: Current Ratio, Quick Ratio, Cash Ratio, Interval Measure and Net Working Capital Ratio. Don’t waste time! Our writers will create an original "Financial Statements Of Aramex And Air Arabia Finance Essay" essay for you Create order The long term solvency of a company is determined by the Debt Management ratios. This is done by finding out the amount to which a firm uses the long-term debt as its source of financing. These ratios are: Debt Ratio, Debt-Equity Ratio, and Equity Multiplier ratio. The Asset Management ratios are used by analysts to find out how fast the company can convert its resources into sales or cash. The asset management ratios are: Days Sales Outstanding, Fixed Asset Earnings Ratio, Inventory Turnover Ratio and Total Assets Turnover Ratio. Profitability ratios are helpful in determining and evaluating the efficiency of the firm in terms of the profits earned. The profitability ratios are: Net Profit Margin, Gross Profit Margin, Operating Expense ratio, Return on Investment, Return on equity, Earnings per share. Each of these ratios is useful to each of the parties related to the firm, viz. Lenders creditors, Shareholders, Employees, Management, and Financial Analysts. RATIOS relating to AIR-ARABIA: LIQUIDITY RATIOS: Current Ratio: This ratio measures the short-term solvency of a firm. This is obtained by dividing the current assets of any firm with the current liabilities. Current Ratio = For the present chosen firm, the current ratio upon calculation is 4.1179. This ratio is meant to be satisfactory 2 to 1 or more. As mentioned above, the ratio shows the short-term solvency of the company. The company in terms of current ratio is very liquid. This margin represents the margin of security for the creditors, more the ratio, higher is the security margin. This doesnt mean that the firm is performing better; even a firm with less than the satisfactory level may perform better than the one with a higher number. Quick Ratio: This ratio represents the ability of the firm to convert its asset into cash i.e. how fast the firm can change its assets into liquid assets (cash) is shown by this ratio. Quick Ratio = This ratio for the firm when calculated is 4.10889. This shows that the firm is satisfactory as the firm has a value of more than 1 to 1. And this implies that the firms inventories are sold and the companys obligations are met well because the firm has more cash convertible assets per each current liability, 4.10899:1. A company may even perform well with low Quick Ratio if it turns its inventories effectively and pays its obligations faster. Cash Ratio: This is another ratio for indicating the ready availability of cash with the company and relating it to the current liabilities of the firm. Even if the cash is less, it should not be a problem if the firm has a sound reserve borrowing capability. Cash Ratio = While cash available for the firm is 1,996,251,000 AEDs, the firm doesnt have any marketable securities as per the report. After calculating this ratio by substituting the values in the formula, the ratio is 3.5842. This firm carries 358.42% of cash with it available. This may showcase an impression that the firm has more than enough of the readily available cash which may be a threat to the growth of the firm because money ideal is money wasted, it wont yield anything. Interval Measure: This is also a ratio which measures the ability of the firm to meet its regular cash expenditures. In this formula, a relation is established between liquid assets to the cash outflows operating daily. The latter figure is equal to administrative expenses plus cost for selling goods plus general expenses minus depreciation and other kinds of non-cash expenditures and the whole is divided by 365 (number of days in a year). The formula for calculating this ratio is as below: Interval Measure = The operating expenses are 1125053, this figure should be divided by 309 months, as indicated in the report; the income statement is for 9 months. Hence, upon calculation, average operating expenditure per day is 4537.2333. The interval measure when calculated is 504.373 days. This means that the firm has liquid assets sufficient for 504.373 days to continue its operations. Ratio of Net Working Capital: This is yet another ratio that depicts the liquidity position of the firm. This ratio establishes a relationship between Net Working Capital and the Net Assets. The larger the Net Working Capital is, the better the company can meet its current obligations. The Net Working Capital is obtained after differentiating Current Liabilities from Current Assets excluding the short-term borrowings from banks. The formula is: NWC Ratio = The sum of fixed assets, current assets minus current liabilities gives Net Assets. After calculation, the values of NWC and Net Assets are 1736560 and 5514545 respectively. The ratio hence is .3149. This implies that the firm .3149 of the NWC can be used to fund one asset of the firm. DEBT MANAGEMENT RATIOS: Debt Ratio: If the firm wants to find out the ratio of interest-bearing debt that is there in the capital structure of the firm, this ratio helps the firm to calculate it. The debt ratio is obtained by dividing the total debt with the capital employed also called the net assets. Total debt includes in itself all the borrowings made by the firm viz. short-term as well as long-term. The formula for calculating the debt ratio is As per the financial report of the company, no debt was taken by the firm and hence the debt ratio is zero. This implies that all the projects are financed by owners capital. Debt-Equity Ratio: This is the ratio of the total amount of debt taken by the firm in the form of borrowings and net worth of the firm. The formula is as below: Debt-Equity Ratio = As discussed earlier, all the finances for the firm are made through owners capital and hence, even this ratio is zero. Equity Multiplier: This is used to determine the firms capability of using the debt in order to purchase any asset. This ratio is given by: Equity Multiplier = This gives a relationship between the total assets (current and non-current assets) of a firm and the shareholders equity. The total assets of the firm are of worth 6,071,498,000 AED. The shareholders equity is 4,666,700,000 AED. Hence, the ratio is 1.301025 and it implies that 130.1% of assets are funded by 100% of the shareholders equity. ASSET MANAGEMENT: Days Sales Outstanding: This gives relationship between the accounts receivable and the average total credit sales made by the firm. This is a measure of the average number of days taken by a firm for collecting the revenue after it sells its goods or services. The formula for calculating this ratio is: DSO = If in case the total credit sales figure is not mentioned, the sales figure is taken as total credit sales. Hence, the Accounts Receivable is sum of Trade and other Receivables and Due from related parties which is 292,211,000 AED and total sales is 1,469,179,000 AED, number of days being 270 (9 months x 30 days). The Days Sales Outstanding is 53.7014. Hence, the firm takes on an average 53 days to collect the debt given on sales of one unit of a good or for service being provided. Turnover Ratio for Net assets: This ratio gives a relationship between the total sales made and the Net assets owned by the firm. The formula is Net Assets Turnover Ratio = The Net assets are of value 1,736,560,000 AED and the Sales are of worth 1,469,179,000 AED. The ratio upon calculating gives .8460. This indicates that AED .846 worth sales is made by the company for one AED of capital employed. This shows the firm is not utilizing its resources properly and the production is at stake. Inventory Turnover Ratio: This shows the efficiency of the company in selling and producing its goods or products. This establishes a relationship between the cost of goods sold made by the firm and the average inventory. In case if the opening and closing inventory details are not given, value amount of goods in the inventory can be taken as average inventory. Inventory turnover = The ratio upon calculation is 231.86 and this says that the firm turns its inventory of finished products or services 231.86 times a year. This indicates that the sales of the company are in a good trend. Total Asset turnover ratio: The ability of the company to generate sales from all the financial resources dedicated to the total assets is shown by this ratio. Total Assets Turnover Ratio = The ratio is .2419. This ratio after calculating shows that the .2419 AED of sales is made for investing one AED in both fixed and current assets. PROFITABILITY RATIOS: Gross Profit Margin: This ratio relates the gross profit with the sales made. Gross profit is sales minus cost of goods sold. The difference between the sales revenue and COGS i.e. gross profit is 298,053,000 AED. The formula for calculating GPM is: Gross Profit Margin = Hence the ratio between gross profit and sales is .20287. This shows the efficiency with which the management manufactures each unit of a product or provides a unit of service. Net Profit Margin: Similar to the gross profit margin, the net profit margin is calculated by dividing the net profit with the sales. To get more insight about the firms efficiency in producing goods or providing services to the customers. The ratio is: Net Profit Margin = The ratio is .264677. This shows the managements efficiency in manufacturing, administrating and selling the products. Operating Expenses Ratio: It explains the relationship between Expenses made for operation of the firm and sales made by the firm. This explains how the profit margin changes with sales. Operating expenses is the sum of COGS, selling and general administrative expenses. Operating Expenses Ratio = The ratio is 85.437% which shows that 85% of the sales have been consumed by the operating expenses. Return on Investment: This shows the ratio between EBI (Earnings before Interest) and total amount of investment made. Hence ROI is: ROI = This ratio is .64046 and this indicates that the firm gains 64.046% upon investing 100% of funds. Return on Equity: This differs from the ROI in the sense that while ROI shows the efficiency of investment made by both lenders and owners, the ROE helps to calculate how effectively the owners equity is used. ROE = The ratio is .07111 which implies that the firm has used only 7.111% of the owners funds. RATIOS relating to ARAMEX: As the significance and formulas for different ratios were indicated in the earlier section, this part is dealt only with the results and the interpretation that can be made. LIQUIDITY RATIOS: Current Ratio: The current ratio for this firm is 2.5535; this indicates that the liquidity position of the firm is strong as it is greater than 2. Quick Ratio: There is no detail mentioned about the inventory and hence the current ratio and the quick ratio are the same for this firm. This also states that the short-term solvency of the firm is sound. Cash Ratio: This ratio is 1.3663 which indicates that the firm has enough cash at hand to pay its current obligations. Interval Measure: The total operating expenses is 1,297,242 which when divided by 365 days gives the average operating expenses as 3554.0876. Finally, upon calculating, the value of this ratio is 263.8981. This means the firm has enough liquid assets to fund its operations for the above mentioned number of days. Net Working Capital Ratio: The net working capital for this firm is 570611 (937917 367306). The net assets are of worth 1,690,916. Hence, the Net Working Capital Ratio is .33745. DEBT MANAGEMENT RATIOS: a) Debt Ratio: Unlike the above firm, this firm has taken debt and hence the debt ratio has some importance in the analysis. The total debt taken by the firm is 13,945 AED. The capital employed is 1623798 and the debt ratio is .0085878. This shows that the lenders have financed around .85878% of the net assets. b) Debt-Equity Ratio: Unlike the above firm, this firm has taken debt and hence the debt ratio has some importance in the analysis. The total debt taken by the firm is 13,945 AED. The net worth is 1371607 and the debt ratio is .010166. This shows that the lenders contribution was .010166 per each unit of contribution made by the owners. c) Equity Multiplier: This ratio indicates that the company, in order to buy 1 unit of an asset used 1.2655 of its debt. ASSET MANAGEMENT RATIOS: Days Sales Outstanding: The Company takes 64.087 days to collect the revenue after sales of a product or provision for a service is done. Net Assets Turnover Ratio: This ratio is 1.2075 which says that 1.2075 units of sales are made with 1 unit of net assets. Inventory Turnover Ratio: The inventory turnover ratio doesnt exist for this firm as the report mentions nothing about the existence of an inventory. Total Asset Turnover Ratio: A ratio of .95266 shows that the firm was able to generate .95266 unit sales with one unit of all the financial resources committed to the total assets. PROFITABILITY RATIOS: Gross Profit Margin: The gross profit margin for this company is .5651 and this shows that the firm manages the production of each unit with 56.51% efficiency. Net Profit Margin: The net profit margin is .10542 which shows that the firm was not very effective in achieving the net profit as it is only 10.542%. Operating Expenses Ratio: This ratio is .2105 which shows that the company 21.05% of sales has been consumed by the cost of goods sold and for the selling expenses and for other operating expenses. Return on Investment: This ratio is .105995. This shows that the 10AED return was received with investment of 100 AED. Return on Earnings: This is .1507 and this show that the firm uses the resources of owner with 15% efficiency. ANALYSIS and CONCLUSION Ratio Name Air Arabia ARAMEX Current Ratio 4.1179 2.5535 Quick Ratio 4.10899 Cash Ratio 3.5842 1.3663 Interval Measure 504.373 263.8981 NWC .3149 .33745 Debt Ratio .00858 Debt-Equity Ratio .010166 Equity Multiplier 1.301025 1.2655 Days Sales Outstanding 53.7014 64.087 Net Assets Turnover Ratio .8460 1.2075 Inventory Turnover Ratio 213.86 Total Asset Turnover Ratio .2419 .95266 Gross Profit Margin .20287 .5651 Net Profit Margin .264677 .10542 Operating expense Ratio .85437 .2105 Return on Investment .64046 .105995 Return on Equity .07111 .1507 Looking at the figures, the current ratio, cash ratio, the liquidity position of the firm Air-Arabia is better when compared to ARAMEX. The interval measure is also higher for the former giving strength to the fact that Air-Arabia has more liquid assets when compared to ARAMEX. The NWC ratio shows that the latter firm has more liquidity when compared to the Air-Arabia. But when looked at the ratios keenly, it can be seen that Air-Arabia has more cash readily available than ARAMEX which is a harm to the growth of the firm, this is because of the fact that ideal money creates nothing. While seeing at the leverage position of the firms, the first firm did not go for debt while the second company took debt but in a less proportion. When coming to collection of credit sales revenue, Air-Arabia collects the credit revenues faster than the ARAMEX which shows that the firm either would have lesser sales or might have a better collection period. Coming to the Asset Management ratios, the Air- Arabia has been more rapidly generate sales from the assets involved. Finally, the profitability ratios show contrary results which are expected by looking at the figures in the above ratios. This part showed that the ARAMEX was able to make more profits when compared to Air-Arabia at gross profit level but when coming to net profit, the former has a greater number, probably due to the fact that ARAMEX had to pay taxes and also due to cost of debt. Coming down, the operating expenses in case of the Air-Arabia are more when compared to ARAMEX and hence, whatever profits are made, they are not healthily used in case of Air-Arabia. The ROI and ROE, main factors in determining the profitability of any firm shows that Air-Arabia has more prospects for profits when compared to ARAMEX. Hence, it can be seen that while the liquidity position of Air-Arabia appears to be very strong, the firm still can make better utilization of the ideal cash available with it so that there would not only be a short-term growth but also a long-term growth. In every other aspect, it can be seen that Air-Arabia itself is performing well compared to ARAMEX. Even if Air- Arabia has a higher profits, most of its invested money is wasted in administrative and operating expenses, if these generate proportionate sales, the company would see a growth but if these expenses cant yield proper results, the growth of the firm may be in hurdle.

Case Study Apple Inc. - 1554 Words

Research Paper: Apple Inc. Introduction: In this research paper I would like present the strategies of the World’s most Profitable, Leading and Uniquely Recognized Company: Apple Inc. On October 5, 2011 Steve Jobs died because of Cancer. This man was a legend, he made apple to grow from the verge of bankruptcy to what it is now. After his death the new CEO Tim Cook had a challenge to maintain the success of Apple and also to take it to the next level. The company was started as Apple Computer, best known for its Macintosh PC in the 1980-90s. Despite a strong brand, rapid growth, and high profits in the late 1980s, Apple almost went bankrupt in 1996. Then Jobs played his inevitable role and transformed Apple Computer into ‘Apple Inc.’ which started making non-PC products. This made Apple the most valuable company in the world in 2012. Without any doubt Apple’s achievements were mind-blowing but the new CEO Tim knew that to be in the race and especially a winner the company needs to keep going with its innovative strategies. Critics also wondered if the company could thrive without Steve Jobs. History: Steve Wozniak and Steve Jobs formed Apple Computer in April 1976. Their creations Apple I and Apple II were successful. They began work on the Apple III, which turned out to be their very first project failure. Graphical User Interface: Lisa (Local Integrated Software Architecture) was the first PC to implement GUI technology. The Macintosh: Enhanced feature of LisaShow MoreRelatedCase Study : Apple Inc.1349 Words   |  6 Pages Case Analysis: APPLE INC.: IPODS AND ITUNES Donna Martinelli TEXAS CHRISTIAN UNIVERSITY September 3, 2014 Table of Contents Executive Summary..................................................................................................3 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3 Defining the Challenge...............................................................................................3 Analyzing the case data....................Read MoreCase Study : Apple Inc. Essay1422 Words   |  6 PagesCase Study: Apple Apple Inc. focuses on the design, manufacture, and marketing of personal computers, mobile phones, multimedia devices, and portable music players. Apple Inc. offers consumers manufactured goods under the brand names Apple Watch, iPhone, iPad, Mac, iPod, and Apple TV. Enhancing the customer experience through their proprietary software applications iOS, X, OS, and watchOS brands; and services across their Apple Pay and iCloud products (Forbes.com, 2016). Explored in detail, Apple’sRead MoreApple Inc. Case Study1494 Words   |  6 PagesApple Inc. Case Study TABLE OF CONTENTS COMPANY OVERVIEW General Description Historical Outline Industry Current Challenges Ethics and Responsibility STRATEGIC INFORMATION Mission Statement Competition SWOT Analysis HISTORICAL FINANCIAL ANALYSIS Historical Financial Information Competitive Financial Analysis Summary FUTURE PLANS Competitive Advantage Recent Performance Business Environment Recommendations Zackery Butler, Connor Daugherty, Stanashia Davis, Gabrielle Drohan, and Lauren SpearsRead MoreCase Study : Apple Inc.1971 Words   |  8 PagesCritical Essay Introduction Apple Inc. is a globally recognised pioneer in the tech industry. It is a corporation that designs, develops and sells electronic products such as tablets, computers and phones. Founded by Ronald Wayne, Steve Jobs and Steve Wozniak in 1976, it is a multinational corporation with headquarters in Cupertino, California. Tim Cook has been CEO since Jobs’ passing in 2011. Labour conditions Despite its global recognition and status, Apple Inc. has come under scrutiny in recentRead MoreCase Study : Apple Inc.2083 Words   |  9 PagesBackground This paper presents a case study of Apple Inc. Apple Inc. is a technology based corporation with emphasis on computer software and hardware (MAC and Apps), tablets (IPad), smart phones (IPhone), and mp3 plays, (ITouch). Apple Inc. has grown tremendously over the years and ever since 2001 has expanded its brand and retail stores to over 375 stores/outlets globally. The business has seventy two thousand eight hundred employees in thirty eight countries. Apple Inc. has truly become one of theRead MoreCase Study : Apple Inc. Essay6014 Words   |  25 PagesIntroduction On a daily basis we all encounter all forms of technology. There are several technological corporations in the current industry but one stands out†¦.Apple Inc. Apple Inc. is an international corporation, situated in Cupertino, California. 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The Apple II was introduced on April 16, 1977 at the first West Coast computer Faire. The Apple II was chosen to be the desktop platform for the ground breaking use call spreadsheet program. He was created a business market for the Apple II and gave home usersRead MoreCase Study : Apple Inc.1732 Words   |  7 PagesApple Inc. is a California based company that was incorporated in 1977. According to University of Oregon Investment Group, â€Å"Apple operates out of 8 different segments: Desktops, Portables, iPod, iPhone, iPad, other music related products and services, peripherals and other hardware, software, service and oth er sales† (2012). According to the company’s 2013 10-K, â€Å"Apple sells its products worldwide through its retail stores, online stores, and direct sales force, as well as through third-party cellular

Dear Doug 1 Free Essays

Dear Doug I am glad to hear that you are settled in and that everything is well. It is also a relief to hear that you and your roommate seem to be getting along and I hope that your friendship with Nathan will grow. I have thought about your questions and decided on some ways to help you explain, and help Nathan interpret and understand Christianity. We will write a custom essay sample on Dear Doug 1 or any similar topic only for you Order Now In my life I have experienced the same situation you mentioned about Christian terminology and what it means to be a Christian. I grew up in a Christian home under Christian principles and it had not occurred to me â€Å"why do I believe in Christianity†? Of course this did not occur to me until I was older and had thought about it for some time. I thought about this world and how it could have been created not by mere chance but by something or someone far more intelligent than mere humans, not by chance. This universe and everything in it was created with superior intelligence and for a purpose. I looked into Christianity and saw how God created the earth; a being far above humans because we were made by him; a perfect powerful all knowing being who created us in his likeness to serve a distinct purpose in this world, rather than leaving it up to mere chance. I knew there had to be a reason for this world and a good one! I looked farther into Christianity and the story of how God created the earth called the Gospel. I am sure you have heard of the Gospel and read the story, but you must take into account many things before you explain it to a non-Christian. Many non-Christians are not familiar with Christian terminology because they have not looked into Christianity and read the Bible to understand our belief, and we as Christ’s followers must explain the Gospel in a simplified way for people who are not familiar with certain Christian terminology so they can understand the concept and become more familiar with the terminology. One way you can simplify the meaning of these words is to define them and simplify them in a way that you clearly present the meaning of that word. An example would be instead of saying we are sinful people, you could say we are disobedient or you could define sin as bad behavior or actions that you commit. Use words that people use on regular bases to define a certain word, which will give them a better understanding since they already understand the correct meaning of that word to better understand any Christian terminology. You may not have known, but you have already or at least started to formulate and create your own worldview. A worldview is exactly what it sounds like, it’s the way we interpret, understand, and our opinion about the world and how we view it. A worldview is how you see the world and your opinion or idea of reality. Norman Geisler and William Watkins give a very well thought out worldview explanation and an example that may help you understand, â€Å"It is an interpretive framework through which or by which one makes sense of the data of life and the world. † A worldview is like a pair of glasses and the only way to view the world and everything in it, is through the pair of glasses, and like the prescription of glasses, everyone’s worldview is different. Now that I have given you an understanding of a worldview I will do my best to explain to you what a Christian worldview is. A Christian worldview would basically be a Christian influence on how you shape your worldview. A Christian worldview would be based on Christian principles that you’ve read and learned about in your life. How you view the world and reality would be based on Christian morals and ethics rather than a different world view based on society’s standards. A Christian worldview is typically a brighter more positive outlook on life rather than a worldview not based on Christianity; it gives you more of a purpose and reason for the questions what? , why? , and how? Your last question I also struggled with and still do from time to time. We all know that we have accepted Christ into our hearts but the greater reason is why. I have asked this question to myself many times and sometimes feel over whelmed, but there is a reason. Take a look around this world; it is full of proof and purpose. The intelligence that was required to form this world was more than mere chance but above normal human intelligence. God a supernatural being who is perfect created this earth for a purpose and with intelligent design. You yourself were made for a purpose and you yourself are far more complex to be created out of mere chance. Also the sacrifice that God made for us to have another chance even though we wronged him, beyond human means of forgiveness, it amazes me how someone could love us so much; still wanting to obtain a relationship with us. Even when we show disobedience and repetitively wrong God he will still forgive us if we truly and honestly ask for forgiveness from him. He gave us free will to make our own decisions to disobey him or to love him. I hope that this letter has assisted you in understanding your questions and I would be glad to attempt and answer more, so keep thinking and writing! I hope everything with your roommate goes well, Daniel How to cite Dear Doug 1, Essay examples

World War Two caused America to reluctantly abandon the policy of Isolationism Essay Example

World War Two caused America to reluctantly abandon the policy of Isolationism Paper I have mixed feelings about whether World War Two spelt the end of US Isolationism. I believe that to some extent this time was the least Isolationist the US had ever been, however, in my opinion American interests always focused worldwide despite some presidents isolationist foreign policies. Churchill wanted the United States involved in the war, openly seeking a fighting incident that would bring the neutral nation into the conflict. On August 4, 1941, Churchill and Roosevelt met for the first time, after corresponding for two years. The Atlantic Charter was one result of their meeting; another was the beginning of a deep personal friendship. They shared several common characteristics: both came from elite backgrounds, both were patricians, and both saw their roles as democratic noblemen. Churchill returned to England and told his War Cabinet that Roosevelt would wage war but would not declare it. The incident Churchill needed occurred on September 4, 1941, when the USS Greer, on a mail run to Iceland, was involved in a fighting incident with a German U-boat. In his subsequent address to the nation, FDR tended to distort the actual facts, using the occasion to begin unrestricted convoying and a limited, defensive naval war. Then on October 31, 1941, a German U-boat torpedoed a U.S. ship. This signaled what was to be the end of American neutrality. The bombing of Pearl Harbor in December, 1941, marked the definite end of American isolationism in practical terms. We will write a custom essay sample on World War Two caused America to reluctantly abandon the policy of Isolationism specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on World War Two caused America to reluctantly abandon the policy of Isolationism specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on World War Two caused America to reluctantly abandon the policy of Isolationism specifically for you FOR ONLY $16.38 $13.9/page Hire Writer During the war, the U.S. sent troops to Asia, Africa and Europe. After the wars end, the remnants of the League of Nations re-formed as the United Nations, and this time the United States was front and center. Under the Truman Doctrine, American economic and military aid went to nations threatened by communism. The Marshall Plan helped rebuild Europe and the Cold War made an American military presence abroad a foregone conclusion for the next 50 years. Roosevelt did not live long enough to see the war unfold though after declaring war he suddenly died of a brain hemorrhage. Roosevelt was replaced by Harry Truman. The US had avoided war in World War One because of many factors economic reasons and public opinion being the most important ones. However by 1945 things had changed and Truman looked upon the war as a brilliant opportunity. Fuelled by German Hatred after the events of Pearl Harbour, Truman had the public on his side. He had the backing of Congress and his own personal views that the US needed war as an economic opportunity (selling munitions) and his slogan to make the world safe for democracy. (Safe from German Imperialism.) With all of these positive factors the US entered a war of opportunities. Abroad, World War II brought an end to American isolationism. In the spring of 1945, the US joined delegates from 50 nations in signing the charter for a permanent United Nations, a year before the International Monetary Fund and World Bank were established to promote economic cooperation among nations. But the biggest challenge facing the United States in the postwar world was the souring of relations with the Soviet Union as a result of that countrys domination of Eastern Europe and support of communist insurgencies around the world. As part of the effort to contain the Soviet spread and to revive the economies of Western Europe, the United States launched the European Recovery Program (usually known as the Marshall Plan,) which poured $13 billion of aid into the region. In addition, the US adopted a policy of containment, shoring up non-communist areas in danger of encroachment. Thus, when the Soviet Union blockaded all surface routes into Berlin, the US and Britain launched the Berlin Airlift, supplying the western sectors of the city by air. We do have to question however whether the US was truly Isolationist. It would have been ignorant for any president to ignore world matters as if there was an opportunity for intervention then the US may have been able to capitalize on a situation and gain extra lands. After all, raw materials in the US could not last for ever. In my opinion Truman had no intention of remaining Isolationist for the World War, despite his election pledge of US Isolationism. Throughout the war he supplied Britain with loans and fighting equipment as well s increasing the US armies and Navies and supporting the Ententes blockade of Germany. World War Two was a major point of change for the US. From now on they saw it their duty to intervene in world matters (world policeman) because they were the worlds most influential power, and after all could benefit with the gaining of land and resources from certain countries. Take for example the recent war in Iraq, a country where the US is now gaining valuable amounts of oil from. Although the US role as a world policeman is supposedly world based, in my opinion this is not the case. Take for example events after world war two. There have been major wars in Vietnam and in Iraq, but these were only brought about because of threats to the US country. Indeed the US are reluctant to get involved in any war which has no effect on them. Vietnam was brought about by American fear of Communism, and wars in Iraq because of its valuable resources and the terrorism attacks of September the eleventh. During the Cold War, some Americans argued that the country should withdraw from the United Nations; but the Cold War, as a patriotic and ideological crusade, kept those voices from receiving widespread support. Today, the United States government and military is whatever word would best describe the extreme opposite of isolationist. In my opinion this is how they have always secretly been. US interests were always widespread; its just that when World War Two arrived the US were economically and socially ready to develop a world role. The breakout of war provided a perfect opportunity/excuse for the US to move away from its Isolationist image. The Challenge to Isolationism. 1. What was FDRs immediate response to the outbreak of war in Europe? Roosevelt was re-elected by the US public on the promise that he would keep the US out of World War Two. However he soon realized that war in Europe could lead to war in America and so supported the allied policy of appeasement to ensure peace. Roosevelt wanted to prepare America for the worst though. He believed the security of Europe was crucial to the security of America. He was able to persuade Congress to approve the Naval Expansion Act allowing a 20% increase in the US navy. In 1939, he got an extra $525 million for air defence. At the start of the Second World War, however, the American army still only numbered 185,000. 2. Did a majority of the US public and politicians favour isolationism in the early months of the war? 3. What legislation was included in the Neutrality Act of 4/11/39? During the 1930s, US public opinion as well as several Senators questioned the validity of US involvement in the Great War. The belief became increasingly common that the nation was deceived into taking part in this bloody conflict by Allied propaganda and to serve the interests of profit-thirsty bankers and industrialists. The conclusions of the Nye Committee in 1934, tasked with investigating the excessive profits made by the war armament industry, reinforced the antiwar position of the American people and finalizes the countrys isolationist policy. As a reaction to Germanys re-armament, and to prevent any US involvement in a possible European war, the US Congress voted the Neutrality Act, signed by President Franklin D. Roosevelt on August 31, 1935. The Act prohibits trade in military material with warring countries and travel by US nationals on ships belonging to warring countries. It was amended in 1936 to prohibit loans to warring countries, and then in January and March 1937 to include civil wars. At the beginning of WWII, the possibility that Great Britain could be defeated is real and the growing Nazi threat is a cause for fear. Roosevelt realizes that the Neutrality Act imposes restrictions on possible US actions; amendments will be adopted to diminish the legislations scope. Supplying nations at war will be authorized on the cash and carry principle. President declares area around British Isles a combat zone in November 1939, and loans of military material will be possible on a land-lease agreement. Summary of Neutrality Act of 1939; This act repeals the arms embargo and substitutes a policy of cash and carry; prohibits United States vessels and citizens from entering combat zones; establishes the National Munitions Control composed of the Secretaries of States, Treasury, War, Navy, and Commerce. 4. What impact did Hitlers successful Blitzkrieg have on American attitudes? The speed with which the German army overran Western Europe shocked the American public. By June 1940, the Nazis were in control of Norway, Denmark, Holland, Belgium and France. Through the summer and autumn the Battle of Britain was fought with Britain and its empire standing alone against the Nazi threat. The broadcasts of journalist Ed Murrow from London during the Blitz did much to communicate to Americans the intensity of the struggle taking places, and this led to cries from the US public for American intervention in the war.