Solvency ratio indicates Essay Example for Free

Solvency ratio indicates Essay The solvency The solvency ratio indicates whether a company’s cash flow is sufficient to meet its short-term and long-term liabilities. The lower a companys solvency ratio, the greater the probability that it will default on its debt obligations. Current ratio The ratio is mainly used to give an idea of the companys ability to pay back its short-term liabilities (debt and payables) with its short-term assets (cash, inventory, receivables). The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt as there are many ways to access financing but it is definitely not a good sign. Current ratios for Sports UK For year 2012 For year 2011 Acid test ratio A stringent indicator that determines whether a firm has enough short-term assets to cover its immediate liabilities without selling inventory. The acid-test ratio is far more strenuous than the working capital ratio, primarily because the working capital ratio allows for the inclusion of inventory assets. Acid test ratio for Sports UK For year 2012 For year 2011 Performance ratio Calculates a measure of a specific aspect of performance, which might involve things which you can attach a number to, or an indicator that something did or did not happen in the requited way. Ratios are very good way to measure them using only a financial record. This record bellows shows performance of sports UK. 2011 Stock turn over= 72215 = 3.05 times 23611 2012 Stock turn over= 23611 x 365 = 119.3 days 72215 2011 debt collection period = 9024 x 365 = 962 days 34212 2012 debt collection period = 9098 x 365 = 904 days 36696 2012 asset turnover= 153487 = 0.64 237028 2011 asset turnover= 159921 = 0.73 219013 Profitability ratios Measures that indicate how well a firm is performing in terms of its ability to generate profit. Those ratios measure financial metrics that are used to assess a businesss ability to generate earnings as compared to its expenses and other relevant costs incurred during a specific period of time. For most of these ratios, having a higher value relative to a competitors ratio or the same ratio from a previous period is indicative that the company is doing well. Profitability ratios of Sports UK for 2011 Gross profit margin =81272 x 100 =52.95 153487 Net profit percentage = 6741 x 100 = 43.9 153487 ROC E= 10753 x 100 = 21.9 49097 Profitability ratios of Sports UK for 2012 Gross profit margin =83199 x 100 =52.02 159921 Net profit percentage = 6742 x 100 = 39.0 159921 ROC E= 10310 x 100 = 20.9 49227

The Importance of Work-Life Initiatives Essay -- Human Resource Manage

Work causes stress. Both men and women are working, raising a family, and going to school. Previously, women in the work force would take demotions or walk away from careers when having children. Today, families rely on a dual income. With both parents working full time, while raising children, the relationship between work and home responsibilities are unbalanced. This unbalance creates stress for both the employee and the employer. Work-life balance is the need to provide a schedule that will combine work, family relationships, and leisure time into a satisfying life. Flexible work arrangements balance work and home responsibilities; which helps employees deal with stress, motivates them, and empowers. Organizations need to assess workplace culture and provide mechanisms to support work-life balance that are mutually beneficial to both the organization and the employee. Individuals each have unique responsibilities that define the meaning of work-life balance. Employees in the workforce that fulfill family and work commitments have achieved a sense of work-life balance ("The business imperative," 2009). The distinction between work and personal life used to be clear. Today, personal commitments suffer for lack of time and energy. Unfortunately, the demands of work outweigh the demands at home, because without work the home does not exist. The unbalanced work-life creates negative and disengaged employees. It costs the U.S. economy between $250 and $300 billion every year in lost productivity alone (Clifton & Rath, 2009). Organizations now realize their success directly relates to the moral of their employees. Organizations that demand complete loyalty and extensive overtime fi... ...ight%20q2%202009.pdf McMahon, C., & Pocock, B. Australian Government, EOWA. (2011). Doing things differently: Case studies of work-life innovation in six Australian workplaces. Retrieved from http://www.eowa.gov.au/Information_Centres/Resource_Centre/EOWA_Publications/University_of_SA_Case_Study/UniSA_Case%20Studies%20report_April2011.pdf Nixon, J. (n.d.). Work-life balance. In M. Simmering (Ed.), Encyclopedia of Business (2nd ed. pp. Tr-Z). Retrieved from http://www.referenceforbusiness.com/management/Tr-Z/Work-Life-Balance.html SHRM. (2011). Shrm research spotlight: Flexible work arrangements. Retrieved from http://www.shrm.org/research/surveyfindings/documents/11-workflexflier_final_rev.pdf Yasbek, P. (2004), The business case for firm-level work-life balance policies: a review of the literature. Retrieved from http://w.iaa.govt.nz/PDFs/FirmLevelWLB.pdf The Importance of Work-Life Initiatives Essay -- Human Resource Manage Work causes stress. Both men and women are working, raising a family, and going to school. Previously, women in the work force would take demotions or walk away from careers when having children. Today, families rely on a dual income. With both parents working full time, while raising children, the relationship between work and home responsibilities are unbalanced. This unbalance creates stress for both the employee and the employer. Work-life balance is the need to provide a schedule that will combine work, family relationships, and leisure time into a satisfying life. Flexible work arrangements balance work and home responsibilities; which helps employees deal with stress, motivates them, and empowers. Organizations need to assess workplace culture and provide mechanisms to support work-life balance that are mutually beneficial to both the organization and the employee. Individuals each have unique responsibilities that define the meaning of work-life balance. Employees in the workforce that fulfill family and work commitments have achieved a sense of work-life balance ("The business imperative," 2009). The distinction between work and personal life used to be clear. Today, personal commitments suffer for lack of time and energy. Unfortunately, the demands of work outweigh the demands at home, because without work the home does not exist. The unbalanced work-life creates negative and disengaged employees. It costs the U.S. economy between $250 and $300 billion every year in lost productivity alone (Clifton & Rath, 2009). Organizations now realize their success directly relates to the moral of their employees. Organizations that demand complete loyalty and extensive overtime fi... ...ight%20q2%202009.pdf McMahon, C., & Pocock, B. Australian Government, EOWA. (2011). Doing things differently: Case studies of work-life innovation in six Australian workplaces. Retrieved from http://www.eowa.gov.au/Information_Centres/Resource_Centre/EOWA_Publications/University_of_SA_Case_Study/UniSA_Case%20Studies%20report_April2011.pdf Nixon, J. (n.d.). Work-life balance. In M. Simmering (Ed.), Encyclopedia of Business (2nd ed. pp. Tr-Z). Retrieved from http://www.referenceforbusiness.com/management/Tr-Z/Work-Life-Balance.html SHRM. (2011). Shrm research spotlight: Flexible work arrangements. Retrieved from http://www.shrm.org/research/surveyfindings/documents/11-workflexflier_final_rev.pdf Yasbek, P. (2004), The business case for firm-level work-life balance policies: a review of the literature. Retrieved from http://w.iaa.govt.nz/PDFs/FirmLevelWLB.pdf

“A Martian Sends A Postcard Home” by Craig Raine Essay

In â€Å"A Martian Sends a Postcard Home,† Craig Raine uses many metaphors to describe what a Martian would see if he came to earth. In the first stanza Raine uses metaphors to describe what a Martian may think a book looks like. Raine makes reference to William Caxton, who was the first to print books in England, in the first stanza; â€Å"Caxtons are mechanical birds with many wings / and some are treasured for their markings. A book would resemble a bird when opened, the wings being the many pages, and many books have marked a spot in history or is cherished by the person reading it. In the next four lines the Martian observes the different emotions one may have while reading a â€Å"mechanical bird,† and although he’s never witnessed one actually flying, which is impossible, he notices that they are sometimes in someone’s hand. In stanzas five and six the Martian is trying to explain fog. â€Å"Rain is when the earth is television / It has the proper ty of making colours darker,† meaning when the colors are changed on a television the picture would look unclear, and cloudy even. Raine simply describes a car as a â€Å"Model T,† in the next two stanzas. Explaining a car to be â€Å"a room with the lock inside,† is a very imaginative metaphor. By writing â€Å"But time is tied to the wrist / or kept in a box, ticking with impatience,† Raine is expressing that the Martian is encountering a watch or a clock. In stanzas ten through twelve the Martian has come upon a telephone, which he describes as a â€Å"haunted apparatus,† which usually â€Å"sleeps,† and cries, or rings until it is picked up. Raine also adds the element of humor to the poem, an example is in the twelfth stanza when he writes, â€Å"And yet they wake it up / deliberately, by tickling with a finger.† The Martian believes that humans â€Å"tickle† the keypad with their fingers, when they’re making a call. â€Å"A punishment room / with water but nothing to eat,† is a bathroom. The Martian observes that â€Å"Only the young are allowed to suffer openly,† which is really when I child would be getting their diaper changed, and adults must be alone when they go to the â€Å"punishment room.† Finally, in the last two stanzas the Martian is describing the nighttime routine of humans, â€Å"At night when all the colours die / they hide in pairs / and read about themselves / in colour, with their eyes shut,† in other words at the end of the day humans close their eyes to fall asleep and dream. This poem uses a multiple metaphors to describe what a Martian would  encounter if he visited Earth. The poem is interesting to read because it requires the reader to use their imagination, the reader must think in order to figure out these everyday things the Martian is seeing for the first time, it’s somewhat of a brainteaser. It’s obvious that the Martian is seeing these things for the first time, it makes the reader wonder why a simple thing such as a watch or a clock is not found on his planet, is time insignificant were he’s from?

Shylock s Tragedy And Its Toll On Romantic Comedy

Shylock’s Tragedy and its Toll on Romantic Comedy The inclusion of Shylock in The Merchant of Venice by William Shakespeare adds a complexity not typically found in romantic comedy. Shakespeare could have made Shylock’s role a light mockery of anti-Semitism, or something to that effect, but instead he chose to create a tragedy at the center of romance and comedy. This makes for a play, which does not fit neatly into an assigned genre. Shylock’s language in this passage, reveals several things, not only about the play, but also the other characters. Through Shylock, the hypocrisy of the Christians is revealed. Shylock flips this romantic comedy on its head, and turns it into something more significant. Pauses and repetitions give†¦show more content†¦This can be seen in both the content and structure of Shylock’s lines. Intentional pauses indicate Shakespeare’s intention for an emotional reading of Shylock. Pauses and repetition in this part icular moment in the play suggest Shylock is at a loss for words, and caught up in his grief: â€Å"The curse / never fell upon our nation until now—I never felt it / till now† (3.1.78-80). Jessica’s choice to join her father’s persecutors is cruel. He pauses after this statement, perhaps because Jessica’s betrayal is the worst type of betrayal against her heritage, and against him. She causes Shylock, who has always had a hard exterior in spite of oppression and abuse, to feel the pain of his persecution. This realization deserves pause, not only for Shylock, but also the audience. For Jessica to leave her father, in this particular way, brings the mistreatment and pain of an entire nation to Shylock. Because his motivations seem somewhat convoluted at times, by greed and revenge, these moments of intentional pause allow the audience time to realize the magnitude of Shylock’s sorrow, and perhaps his true motivation. The repetition in his l anguage, demonstrates a shift in tone, from concise angry Shylock, to repetitive sad Shylock. Repetition is used throughout the play for various dramatic effects. For example, in act three, scene three Antonio

Trauma And Its Effects On The Survivors Of Such Violence

Trauma to most people can be defined as a deeply distressing or disturbing experience. The risk of experiencing trauma has been a natural part of the human existence since we evolved as a species. Attacks by giant hyenas, snakes, or tigers 100,000 years ago and life threatening automobile accidents in the twenty-first century have probably produced similar psychological ramifications in the survivors of such violence. Following trauma people may experience a wide range of normal responses, both physical reactions like sudden sweating and emotional reactions like shock, fear, or anxiety are common. Truly, the notion that a person may develop symptoms, which are mostly subjective and usually not connected with any openly defined somatic†¦show more content†¦The paper will cover a detailed description of PTSD and information on the diagnostic criteria. It will also cover the etiology and epidemiology of the disorder. Along with the aforementioned topics, diagnostic changes from the DSM-IV-TR to the DSM-V will also be discussed. Lastly, the prognostic course and current treatments in the field for this disorder will be reviewed. The essential feature to understanding the scientific basis and clinical expression of PTSD is the idea that characteristic symptoms develop following exposure to one or more traumatic events. A traumatic event was originally hypothesized as a catastrophic stressor that was outside the range of what a human would regularly experience (APA, 1980). Criterion A for PTSD indicates that exposure to actual or threatened death, serious injury, or sexual violence is required to make the diagnosis (APA, 2013). There are four ways by which a person can experience trauma and meet criteria for the diagnosis of PTSD. A person could directly experience the traumatic event, directly experienced traumatic events in criterion A include, but are certainly not limited to being taken hostage, torture, natural disasters, and severe motor vehicle accidents. Interestingly terminal medical conditions are not necessarily considered traumatic unless they are unexpected and calamitous such as waking up in the middle of surgery (APA, 2013). Another way an individual can experience trauma is by witnessing the event in person

The Incarceration Of The United States - 1519 Words

in recent decades, violent crimes in the United States of America have been on a steady decline, however, the number of people in the United States under some form of correctional control is reaching towering heights and reaching record proportions. In the last thirty years, the incarceration rates in the United States has skyrocketed; the numbers roughly quadrupled from around five hundred thousand to more than 2 million people. (NAACP)In a speech on criminal justice at Columbia University, Hillary Clinton notes that, â€Å"It’s a stark fact that the United States has less than five percent of the world’s population, yet we have almost 25 percent of the world’s total prison population. The numbers today are much higher than they were 30, 40 years ago, despite the fact that crime is at historic lows.† (washington post) How could this be? Are Americans more prone to criminal activity than the rest of the world? How could they be more prone to criminal ac tivity if crime rates have been dropping? Numbers like that should be cause for concern, because if crime rates are dropping then it is only logical for one to expect the number of incarceration to go down as well; unfortunately, the opposite is true. Shockingly, there seem to be a few people who actually profits from keeping people in jails. The practice of mass incarceration who most see as a major problem in the United States of America is actually beneficial to some. The prison system in the United States who was create toShow MoreRelatedThe Incarceration Of The United States980 Words   |  4 PagesHave you ever questioned about the justice in the United States? Stevenson states that, â€Å"Today we have the highest rate of incarceration in the world. The prison population has increased from 300,000 people in the early 1970s to 2.3 million people today† (15). United States is a modern country that doesn’t serve justice to her citizen? 2.3 million prisoners are j ust embarrassing the whole country. You might want to know how bad the justice system is and how the heck cause 2.3 million prisoners toRead MoreIncarceration Of The United States Essay2335 Words   |  10 PagesEven though the United States makes up just 5% of the world’s population, it houses 25% of the world’s prison population† (Walmsley, 2009). The United States prides itself in being a worldwide leader in just about every category; however, being the world leader in incarceration rights might not be something the United States would be proud about. Incarceration rates in the United States have grown at alarming rates in the past forty years specifically and it has resulted in major overcrowding issuesRead MoreThe Incarceration Of The United States979 Words   |  4 PagesHave you ever question about the justice in the United States? Stevenson states that, â€Å"Today we have the highest rate of incarceration in the world. The prison population has increa sed from 300,000 people in the early 1970s to 2.3 million people today† (15). Is United States is a modern country that doesn’t serve justice to her citizen? 2.3 million of prisoners are just embarrassing the whole country. You might want to know how bad the justice system is and how the heck cause 2.3 million prisonersRead MoreIncarceration Of The United States1113 Words   |  5 Pages The United States of America has more people incarcerated than any other country on earth, a whopping 2,220,300 adults are currently locked behind bars. We have 500,000 more citizens locked up than China, a country 5 times our population run by an authoritarian government. From 1990 - 2000 the prison population increased by 1,000,000. The main reason for incarceration as a punishment in this country is rehabilitation, or so we have been told. In recent years an industry has developed that revolvesRead MoreThe Incarceration Of The United States1044 Words   |  5 PagesOverview The United States has the highest prison population in the world, with over two million incarcerated (World Prison Brief, 2016), of whom many are juveniles. It is well documented that youths who enter this system are more likely to suffer a host of negative health and lifestyle outcomes, such as alcohol/drug abuse, high school dropout, and mental health problems. Such phenomena occur in stark contrast with the aims of the US juvenile justice system, which supposedly intends to help offendingRead MoreIncarceration Of The United States1957 Words   |  8 Pages Incarceration has been a pending issue amongst western civilization’s history for some time and today continues to raise a wide range of important questions. Incarceration of individuals have become a tremendous tax payer concern along with the incarceration of the drug war, convictions of street gangs, and the rest of the individuals who have broken the law and harmed other innocent individuals. However, the question is always a concern of men incarceration and hardly addressed of women beingRead MoreIncarceration Of The United States3014 Words   |  13 PagesThe United States of America is phrased by many, as being â€Å"the land of the free.† Yet, the Unites States currently has the highest per capita prison population than any other country. The United States makes up only 5% of the world’s population and of that 5%, 25% of our overall nation’s population is currently incarcerated. A few factors that attribute to our high rates of incarceration incl ude, sentencing laws: such as mandatory- minimum sentencing, lack of initial deterrence from crime, the warRead MoreThe Incarceration Of The United States2529 Words   |  11 PagesSince 2002, The United States has had the highest incarceration rate in the world, and many of those imprisoned within the U.S. will be released and rearrested within three years (Langan Levin, 2002). Unfortunately, research has been mixed shown that the time spent in prison does not successfully rehabilitate most inmates, and the majority of criminals return to a life of crime almost immediately. Most experts believe that many prisoners will learn more and better ways to commit crimes while theyRead MoreIncarceration Of The United States1745 Words   |  7 PagesThere are over two million people in the United States behind bars. Incarceration in the US is one of the main forms of punishment that leads nothing after for people when getting out. Every state, city, country, all have laws we citizens obey and go by to do best for our country, but what happens someone violates the law? According to Google’s definition of a felony, it says that felony means, â€Å"a crime, typically one involving violence, regarded as more serious than a misdemeanor, and usually punishableRead MoreIncarceration Of The United States1774 Words   |  8 PagesCurrently the United States holds the leading position for having the largest prison population in the world. Considering this, the cost of re-incarcerating offenders after their release remains notably high to U.S Americans and our society. Recidivism is known as the reimprisonment of an individual that is released from prison but then later returns for being convicted of a new crime. However, there is essential data that proves the drastic reduction in recidivism through academic and vocational

Analyzing the Narrative Structure of Battleship Potemkin Essay Example For Students

Analyzing the Narrative Structure of Battleship Potemkin Essay Analysing the Narrative Structure of Battleship Potemkin Sergei Eisensteins seminal 1925 film, Battleship Potemkin, is often regarded as one of the finest silent films ever made, and as perhaps the greatest example of a propaganda movie in history. Eisensteins film tells the story of the mutiny aboard the Battleship Potemkin, a historical event which took place in 1905. The work can be seen to provide an excellent example of a film that uses an unusual narrative structure when Judged by todays standards of cinema. The director employs a large number of imagery and narrative techniques which help to create a vivid, striking icture of the mutiny aboard the Potemkin, an image intended by Eisenstein to remain in the mind long after the film ends. One of the most immediately noticeable aspects of the films narrative structure can be found in its division in to 5 distinct episodes, each with its own title and each relating to a clearly distinguishable set of events that progresses the story of the film. As the film is silent, the different episodes are interspersed with title cards detailing the name of each episode, with each title giving a clear and easily discernible notion of the events to follow. For example, the first episode, in which the sailors protest gainst being made to eat rotten meat, is named Men and Maggots. The division of the film into these five acts ensures that the narrative of the film progresses at a steady pace, with each act seemingly anticipating the events of the next. As the foundation for the story is laid in the sailors refusal to eat rotten meat in the first act, the events of the second episode, entitled Drama on the Quarterdece, in which the sailors mutiny, can be seen to be a direct consequence of the events of the first. Each of these episodes could be seen as a smaller narrative in itself that fits in to one verarching meta-narrative, with clear relation between them. The films five episode structure can be seen to bear resemblance to the construct of the classical tragedy. Battleship Potemkins first episode seemingly mirrors the traditional prologue of classical tragedy, in which the tragedys topic is presented and the core topics of the work are raised. (pg. internet) In Men and Maggots, the foundation of the story is laid as the setting and reasons behind the sailors mutiny are brought to light. The films narrative is also unusual in its lack of a single protagonist who is followed hroughout the film. Rather than focusing on a single character, the film instead places emphasis on a large group of characters, namely the sailors on the Potemkin (pg. 178 corrigan). Whilst some characters are focused on more than others, such as the ships doctor or Vakulinchuk, the de-facto leader of the uprising, these characters cannot be considered as protagonists of the film. These characters instead seem to represent certain ideologies or important viewpoints that can be found in the film. For example, whilst Vakulinchuk is the member of the uprising that is seemingly most rom his perspective, thus he does not hold the role of the protagonist, but more seems to stand as a symbol of the revolution and uprising. This notion is further compounded when he is killed in the mutiny, and the character of Vakulinchuk becomes something of a symbolic martyr for the cause, as can be noted in the scenes found in the third episode of the film, A Dead Man Calls for Justice. This scene heavily implements the technique of montage, cutting to the mourning faces of sailors and civilians alike, driving the narrative by illustrating the pain caused by the actions of the Tsarists by killing Vakulinchuk. Whilst Vakulinchuk is seemingly a symbol for the revolution, other characters, such as the ships doctor, can be seen to drive the narrative by representing the forces of the oppressive bourgeoisie. In the opening episode, the ships doctor can be seen to state These are not worms. They are only maggots. Wash them out with brine. These few words can be seen to immediately place the ships doctor on the side of the Tsarists, serving to oppress the sailors of the Potemkin and caring little of their plight, encouraging them to eat maggot infested food despite being the ships doctor. This technique clearly creates a ision of two opposing sides, the Tsarist oppressors, and the oppressed masses, represented by the sailors. Eisensteins techniques seemingly aim to express a narrative of ideology more so than a narrative of characters. One might say that the lack of a central protagonist helps to proliferate the communist message behind Eisensteins film. A Bought Lesson Learned EssayDespite its apparent sequential irrelevancy, this is a narrative technique by Eisenstein which aims to remind the viewer of the reasoning behind the actions of the sailors. Whilst Eisensteins editing and montage technique can be seen to advance the films emotional connection with the viewer, particularly in the Odessa steps sequence, one ack of narrative structure in Eisensteins film. Whilst portraying these montages that serve to prompt an emotional response from the viewer, aiming to draw the audience to the films underlying socialist, anti-Tsarist message, the narrative of the story seems to take something of a backseat. Although many montages, such as those of the civilians and soldiers on the Odessa steps, are emotionally resonant whilst still advancing the plot of the story, one is left with many examples of montage which do little do advance narrative and serve only as emotively charged imagery. A prime xample of this can be found in the montage of the lion statues the Eisenstein includes in the Odessa steps episode. Here Eisenstein attempts to invoke the image of the Russian people rising up by carefully placing shots of three different lion statues, one sleeping, another awakened, and the third rising up. Although this imagery of the lion statues is not directly related to the events on the Odessa steps at all, this could be seen as an example of the Kuleshov effect, a technique first shown by Russian filmmaker Lev Kuleshov, which leads the audience to associate apparently nrelated imagery with shots directly preceding and following it. (pg. 64 betancour) This leads the viewer to associate the rising lion with the rising of the Russian people. This scene does not add anything to the narrative structure or progression of the film, instead only aiding the promotion of the ideology behind the film. The narrative structure of Eisensteins film differs largely from much of conventional modern-day cinema. The fact that the film is silent and contains little dialogue means that different techniques must be used to provide the reader with information about he story and characters. Eisenstein uses techniques such as the symbolic imagery of the light and dark uniforms of the good and bad characters. Eisensteins techniques of parallel montage serve the purpose of invoking emotional responses in the viewer, as can be seen in the sequence on the Odessa steps in which the shots Jump between the inhuman Tsarist soldiers and the innocent civilians being massacred. However, this technique can also serve to limit the films narrative, as story often takes a backseat to the emotional and ideological message Eisenstein attempts to transmit. Works Cited The Battleship Potemkin. Dir. Sergei Eisenstein. Mosfilm, 1925. Betancourt, Michael. Structuring Time: Notes on Making Movies. N. p. : Wildside, 2004. Print. Chatman, Seymour Benjamin. Story and Discourse: Narrative Structure in Fiction and Film / by Seymour Chatman. Ithaca, NY: Cornell UP, 1986. Print. Corrigan, Timothy, and Patricia White. Film Experience: An Introduction. New York, NY: Bedford/St. Martins, 2009. Print. McManus, Barbara F. Outline of Aristotles Theory of Tragedy. Outline of Aristotles Theory of Tragedy. College of New Rochelle, Nov. 1999. web. 8 Jan. 2013.