Tuesday, March 17, 2020

Writing College Entrance Essays

Writing College Entrance Essays For most students, the first essay they write as a college requirement is also the most important one. The college entrance essay is a daunting task that requires as much candor as it does nuance, and the formula-driven essay assignments in high school language arts classes are a far cry from what admissions committees typically expect. In addition, competition for admission into the nations top universities is steadily tightening. As students, parents, and guidance counselors recognize the necessity of obtaining a respected degree in todays job market, applicants wisely vie for the slots that will give them the greatest chances in competing for the best career opportunities.So is it possible for the average student to stand out when writing college entrance essays? And how important is it to focus a great deal of time and effort on this endeavor? The answer to these questions is†¦ very! In many cases, a students college entrance essay overshadows his or her grades, extracurricu lar activities, and academic achievements. Admissions committees want to know who a student is as a person; all the impressive numbers and name-dropping do not necessarily reveal that. The college entrance essay is most often the only chance that committees have to see students for who they really are, know their individual struggles and intent, and connect on a personal level with them.Often students ask, How do I know what to write? A 500-word limit doesnt allow a lot of room for ineffective and unnecessary information, and the process of weeding out what is important and what isnt can be overwhelming. That word cap is placed for a reason: committees dont want to read your life story, they simply want a type of written snapshot of your past, present, and future. Think of it as a first impression- the kind of introduction that does not come with a lot of detailed information. With this in mind, the easiest way to begin a college admissions essay is to ask yourself: What first impre ssion do I want to make?When you introduce yourself to a stranger, do you divulge a lot of information about your childhood experiences? Do you get on a soapbox about politics and world peace? Do you make a lot of excuses or offer lengthy explanations about possible faults on your academic record? Or, do you use clear and straightforward tactics to show that you are professional, to demonstrate that you have a sense of humor and self-worth, and to clearly outline what you hope to achieve from the meeting? Hopefully, you choose the latter, and this is exactly what you should do when writing a college entrance essay.The most common mistake that students make when writing college entrance essays is saying too much about what is unimportant and not enough about what is most important. When a student uses two paragraphs of a 500-word count essay discussing his or her academic achievements, it is a waste of opportunity. Such achievements are generally noted on your application and referen ce letters, and do not need excessive reiteration. A sentence or two highlighting the greatest of your achievements is sufficient; any more, and you run the risk of being repetitive.Academic achievements, classes taken, grades, and community service are typically included in your transcripts and application itself, and should be given limited space in a college entrance essay. However, there are pieces of information that are not always shown in the actual application or transcripts. Such information could include why you chose a particular college or career path, who influenced you the most and why, and positive qualities about yourself that will make you a successful college student. These are all questions that the admissions committee will have about you, and questions that will reveal a lot to them about your goals, your motivation, your personality, and your intent.Admissions committees also like to know how serious you are about becoming a part of their school. They like to t hink that if they are turning down another student in order to give you an open slot, it is because you really want the opportunity to attend their school. This is why it is key to include clear reasons why you chose a particular school, and how it stands apart from the rest in your search. Never let an admissions committee know that you have applied to several schools, and that they are simply one of the many on your list. A vast majority of universities still embrace exclusivity, tradition, and loyalty in their decision-making process, and seek students who will be proud of being a part of the campus body.Finally- and most importantly- you should seek to show personality and human-ness in your writing. Often, students assume that the admissions essay should reflect their scholastic ability, and make the mistake of being overly pretentious and academic in their approach to writing. While a college entrance essay should certainly be free of grammatical and structural problems, it is never advisable to talk down to your audience, or write as if you are preparing a dissertation before you even begin your university studies. Humor, in small doses, is an excellent approach to counter the tendency to be excessively academic- as is carefully considered candor. Such writing will create a personal bond between the essay writer and audience, keeping him or her in the position of being a memorable applicant.

Saturday, February 29, 2020

Ba Finance

By 1985 Arthur had already sold his dairy herd to focus on cereal production when a fortuitous meeting with Lucy Bellingham at a business conference led him to reconsider the future of the family farm. Bellingham is a designer of bespoke fitted kitchens who had a business plan but little capital. The plan was to manufacture top quality fitted kitchen furniture and establish design studios/showrooms in high income areas. Having recently sold his dairy herd, Arthur had enough capital to fund the new business and also a number of large barns and outbuildings suitable for manufacturing the kitchen units subject to refitting and planning consent being obtained. Lucy’s business plan was so convincing that Arthur decided to get out of farming altogether (by leasing his arable land to a local co-operative) and focus on developing the new business. From this small beginning grew the now publicly quoted company of Bellingham plc. Initially, showrooms were established in Beaconsfield and then Kensington. Demand for their kitchens was brisk and â€Å"Bellingham Bespoke Kitchens† expanded rapidly but remained a partnership. The firms clients are mainly celebrities from the entertainment world and the cost of a Bellingham Bespoke Kitchen is now ? 40,000 – ? 150,000 or more. The firm was restructured as a limited company in 1990 and subsequently experienced rapid growth until 1999. In that year the then directors decided that the business had reached the limit of development in it’s present form. Future development required large-scale expansion of production facilities in order to provide the range of materials, furniture, quality and prompt delivery required by their discerning clients. This in turn needed an injection of capital that the directors were unable to generate themselves. The conviction that there was much money to be made from â€Å"quality fitted kitchens† † had been vindicated. They investigated a number of possibilities deciding eventually to expand production facilities by purchasing a modern production unit on an industrial estate in Aylesbury. The expansion was funded by a stock market floatation and raising the necessary capital in the name of Bellingham plc. As the market grew and to keep abreast of new production technology, the directors agreed to reverse the maxim so dear to the heart of the founders, Arthur and Lucy; â€Å"neither a (long-term) borrower nor lender be. † They financed updating of equipment and premises by means of issuing debentures. It is now October 2012 and the present directors of Bellingham plc believe that the long-term success of the company lies in future international diversification and expansion. They consider that the most beneficial action they could take is to investigate the acquisition of a subsidiary in the USA. The newly-appointed finance director, Bill Moneypenny, agrees with this opinion but insists that the company must first appraise its own current position and if necessary, make changes to strengthen its existing financial situation before embarking on new plans. He is particularly concerned that the company should preserve adequate liquidity and finance its assets in a beneficial manner. He is also concerned that too much emphasis has been placed on â€Å"pandering to the whims of the rich and famous† and not enough on running an efficient business operation. Lucy and Arthur still retain 30% of Bellingham’s equity and other long-standing directors own a further 20%; a change of control is unlikely to be welcome. During the last two years, the company has updated it’s design, production and showroom assets and, in what has been a difficult year, has been able to maintain sales and profit growth (see Bellingham’s accounts in appendix 1). There has been a great deal of uncertainty about world economic growth and stock markets have been extremely volatile resulting low returns. However the firm’s ordinary shares have made good progress during the year. Ordinary share dividends have achieved substantial growth over the last two years although this rate of increase is not expected to continue. Ordinary dividends have grown at an average rate of 14% per annum over the past 10 years and this rate is a more realistic growth rate for future dividends. The present market prices for Bellingham’s shares and debentures are: ?1 Ordinary shares? 7. 02 ex div ?0. 50p, 6% Pref shares? . 55 ex div 7% Debentures 2016? 100. 51 ex interest Any new venture would be expected to achieve a return on capital employed in line with that experienced recently by Bellingham plc. The finance director favours a payback period of 5 years. Bellingham would therefore need to agree a realistic acquisition price for such a new venture and its future cash flows in order to determine whether these criteria could be met. Although a number of investment projects are being considered, the main proposal currently being investigated offers an expansion into the US prime-property market which is forecast to grow faster than the UK market. Bellingham’s finance director has already calculated the trends in the financial ratios of American Creations, an unquoted US company, from its unaudited annual accounts (see appendix 2) and has concluded that the proposal is now worthy of further investigation. American Creations is a family-owned venture requiring further capital to repair it’s balance sheet after making losses on a property development in Nevada from which it has now withdrawn. Profits have suffered in the last two years due to write-offs associated with this development. The existing owners feel that the firm’s future lies in establishing wider international links and the retirement of senior family members, leaving the younger members active in the management of the firm. They are therefore considering selling a controlling interest of 60% to a suitable company. The firm has been established for 23 years, and is well respected in business circles. The average age of its fixed tangible assets is 3 years. The directors have indicated that they may accept part payment in Bellingham shares subject to negotiation. The firm’s nominal share capital is $2. m, and the directors have indicated that they value the firm at five times the year 2010 net profit. They consider this to be the firm’s â€Å"normal† level of profit excluding the â€Å"extraordinary† effects of the Nevada development. As the firm is at present family owned and run, there is no available price/earnings ratio. P/E ratios for the only two publicly-owned c ompanies in the same business sector, Harvey Wilkinson Designs plc and Cucci Lifestyle plc, are currently 10 and 8 times respectively although both of these firms, unlike Bellingham, operate internationally. Wilkinson has grown at a similar rate to Bellingham. The dividend yields of these companies have been as follows: WilkinsonCucci Year to 31 December 2011 8. 1% 7. 25% 2010 7. 2% 6. 9% 2009 5. 3% 5. 95% American Creations has its own manufacturing facilities and operates throughout the USA and Caribbean with design offices in New York, Miami, Los Angeles and Colorado Springs. Their main business, which is thriving, involves complete home furnishing and interior design for wealthy clients. In addition, the firm has a real estate office in each location and is thus able to offer a complete property service. The value of properties handled by the real estate offices is typically $5m – $20m. Bellingham is interested not only in extending its operations internationally but particularly in the possibility of diversifying into the real estate business. Whilst well aware of the existence of a number of competitors, the directors feel that there is a ready market in the US for their established name in terms of design flair, service and products. After discussions with the directors of American Creations, Bill Moneypenny has produced the following forecast. Under average economic growth conditions, the American Creations operating forecasts (in $*1000) for the next five years are based on the following: Income:from Sales: $7500 in 2013, rising by 12% per annum for the foreseeable future. from real estate sales commissions: $2850 in 2013 increasing by 15% per annum for the foreseeable future. Manufacturing variable costs: Labour: $1250 in 2013, expected to increasing by 8% per annum. Materials: $3800 in 2013, expected to increasing by 5% per annum. Fixed costs excluding depreciation: Manufacturing O/H: $2065 in 2013, increasing by 5% per annum. General O/H: $1850 in 2013, increasing by 2% per annum. Depreciation:Factory, machinery vehicles: $500 per year. Office/Design Studio fixtures: $200 per year. The beta of Bellingham plc is believed to be 1. 65 , the risk-free rate of return is 5. 5% and the return for the last year on the FT All-share index is 2%. UK corporation tax is currently 32% payable 9 months after the end of the accounting year in question (you may assume for the purpose of this case that accounting profit and taxable profit are identical. ) Bellingham’s directors estimate that the after-tax profits of American Creations could be allocated as follows: 70% as retained earnings and 30% as dividends. This has been the pattern under the under the present ownership. There would be no restriction on the transfer of the appropriate share of these dividends to the UK. The US corporation tax rate applicable is 20% payable in the year in which the profit arises. There is no double taxation of profits of US origin in the UK. (For the purpose of this case, ignore the possibility of any withholding taxes and the effects of foreign exchange risk. It is considered possible that, as the US economy develops further, even higher wages than those forecast may be demanded by the workforce. Required: Evaluate the American Creations proposal on behalf of Bellingham plc, supporting your arguments with relevant theory and calculations and indicating any non-financial matters you feel should be taken into consideration. Your report should consider the following areas: 1. An analysis of Bellingham’s current position using relevant financial ratios. You should show the calculation of the ratios and provide interpretation of the results. . Calculation of Bellingham’s cost of capital, using alternative methods and arriving at the most appropriate figure. 3. An investment appraisal of the American Creations proposal assuming the valuation suggested in the case, using a variety of methods and evaluation of the results. 4. A sensitivity analysis of the proposal and interpretation of the results. 5. Calculation and discussion of alternative valuations for acquiring the share in American Creations and how these would impact on the investment appraisal. 6. A discussion of the various available methods of financing the acquisition and consideration of which is the most appropriate. Your calculations and arguments should be supported by relevant theory, with evidence of wide reading around the subject. You should provide a complete bibliography with appropriate referencing in your report. Submission requirements: Your answer should take the form of a written report of approximately 2500 words excluding appendices and the reference list. Deviations from the word count exceeding plus or minus 10% will attract a penalty of 5%. The hand-in deadline for submission is 23. 0 on 25th November 2012. Submissions up to 24 hours late will attract a 10% penalty whilst those beyond 24 hours but less than 1 week late will be capped at 40%. Reports submitted more than one week late will attract a mark of zero. Submit one electronic copy via Studynet. This is an individual assignment and the report submitted should be entirely your own work. Appendix 1:B ellingham plc| | | | | | | Abridged Trading, Profit Loss Account for the year ended 30th June 2012:| All amounts are in thousands of pounds sterling| | | | | | | | | | | | | | | | | | | 2012| | 2011| | 2010| | Sales| 9606| | 7564| | 6100| | Production Cost| 4034| | 3101| | 2240| | Gross Profit| 5572| | 4463| | 3860| | | | | | | | | Selling Expenses| 1467| | 1250| | 1080| | Installation Expenses| 1689| | 1300| | 980| | Administration Expenses| 960| | 630| | 597| | Operating Profit| 1456| | 1283| | 1203| | Debenture Interest| 53| | 53| | 53| | Profit Before Tax| 1403| | 1230| | 1150| | Corporation Tax| 449| | 394| | 368| | Profit After Tax| 954| | 836| | 782| | Dividends| 341| | 280| | 220| | Retained earnings| 613| | 556| | 562| | Balance Sheet at 30th June 2012:| | | | | | | | | | | | | Fixed Assets (net):| | | | | | | Land Buildings| 2300| | 2400| | 2500| | Plant Machinery| 1700| | 1186| | 552| | Fixtures Fittings| 700| | 600| | 402| | Motor Vehicles| 185| | 140| | 105| | Office equiptment| 250| | 185| | 100| | | 5135| | 4511| | 3659| | Current Assets:| | | | | | | Stocks: Raw Materials| 216| | 208| | 182| | Work in Progress| 200| | 205| | 190| | Finished Goods| 150| | 128| | 97| | Debtors| 1775| | 950| | 595| | Bank/Cash| 230| | 136| | 104| | | 2571| | 1627| | 1168| | Current Liabilities:| | | | | | | Trade Creditors| 1190| | 788| | 270| | Corporation Tax| 449| | 394| | 368| | Final Dividend| 171| | 140| | 110| | | 1810| | 1322| | 748| | | | | | | | | Net Current Assets| 761| | 305| | 420| | Net Assets| 5896| | 4816| | 4079| | | | | | | | | Long-term Liabilities:| | | | | | | 9% Debentures 2016| 750| | 750| | 750| | | | | | | | | | 5146| | 4066| | 3329| | | | | | | | | Shares reserves| | | | | | | ?1 ordinary shares| 1000| | 1000| | 1000| | 6% Preference shares of 50p ea,| 500| | 500| | 500| | Retained pr for yr| 613| | 556| | 562| | Profit loss| 3033| | 2010| | 1267| | Shareholders funds| 5146| | 4066| | 3329| | Ba Finance By 1985 Arthur had already sold his dairy herd to focus on cereal production when a fortuitous meeting with Lucy Bellingham at a business conference led him to reconsider the future of the family farm. Bellingham is a designer of bespoke fitted kitchens who had a business plan but little capital. The plan was to manufacture top quality fitted kitchen furniture and establish design studios/showrooms in high income areas. Having recently sold his dairy herd, Arthur had enough capital to fund the new business and also a number of large barns and outbuildings suitable for manufacturing the kitchen units subject to refitting and planning consent being obtained. Lucy’s business plan was so convincing that Arthur decided to get out of farming altogether (by leasing his arable land to a local co-operative) and focus on developing the new business. From this small beginning grew the now publicly quoted company of Bellingham plc. Initially, showrooms were established in Beaconsfield and then Kensington. Demand for their kitchens was brisk and â€Å"Bellingham Bespoke Kitchens† expanded rapidly but remained a partnership. The firms clients are mainly celebrities from the entertainment world and the cost of a Bellingham Bespoke Kitchen is now ? 40,000 – ? 150,000 or more. The firm was restructured as a limited company in 1990 and subsequently experienced rapid growth until 1999. In that year the then directors decided that the business had reached the limit of development in it’s present form. Future development required large-scale expansion of production facilities in order to provide the range of materials, furniture, quality and prompt delivery required by their discerning clients. This in turn needed an injection of capital that the directors were unable to generate themselves. The conviction that there was much money to be made from â€Å"quality fitted kitchens† † had been vindicated. They investigated a number of possibilities deciding eventually to expand production facilities by purchasing a modern production unit on an industrial estate in Aylesbury. The expansion was funded by a stock market floatation and raising the necessary capital in the name of Bellingham plc. As the market grew and to keep abreast of new production technology, the directors agreed to reverse the maxim so dear to the heart of the founders, Arthur and Lucy; â€Å"neither a (long-term) borrower nor lender be. † They financed updating of equipment and premises by means of issuing debentures. It is now October 2012 and the present directors of Bellingham plc believe that the long-term success of the company lies in future international diversification and expansion. They consider that the most beneficial action they could take is to investigate the acquisition of a subsidiary in the USA. The newly-appointed finance director, Bill Moneypenny, agrees with this opinion but insists that the company must first appraise its own current position and if necessary, make changes to strengthen its existing financial situation before embarking on new plans. He is particularly concerned that the company should preserve adequate liquidity and finance its assets in a beneficial manner. He is also concerned that too much emphasis has been placed on â€Å"pandering to the whims of the rich and famous† and not enough on running an efficient business operation. Lucy and Arthur still retain 30% of Bellingham’s equity and other long-standing directors own a further 20%; a change of control is unlikely to be welcome. During the last two years, the company has updated it’s design, production and showroom assets and, in what has been a difficult year, has been able to maintain sales and profit growth (see Bellingham’s accounts in appendix 1). There has been a great deal of uncertainty about world economic growth and stock markets have been extremely volatile resulting low returns. However the firm’s ordinary shares have made good progress during the year. Ordinary share dividends have achieved substantial growth over the last two years although this rate of increase is not expected to continue. Ordinary dividends have grown at an average rate of 14% per annum over the past 10 years and this rate is a more realistic growth rate for future dividends. The present market prices for Bellingham’s shares and debentures are: ?1 Ordinary shares? 7. 02 ex div ?0. 50p, 6% Pref shares? . 55 ex div 7% Debentures 2016? 100. 51 ex interest Any new venture would be expected to achieve a return on capital employed in line with that experienced recently by Bellingham plc. The finance director favours a payback period of 5 years. Bellingham would therefore need to agree a realistic acquisition price for such a new venture and its future cash flows in order to determine whether these criteria could be met. Although a number of investment projects are being considered, the main proposal currently being investigated offers an expansion into the US prime-property market which is forecast to grow faster than the UK market. Bellingham’s finance director has already calculated the trends in the financial ratios of American Creations, an unquoted US company, from its unaudited annual accounts (see appendix 2) and has concluded that the proposal is now worthy of further investigation. American Creations is a family-owned venture requiring further capital to repair it’s balance sheet after making losses on a property development in Nevada from which it has now withdrawn. Profits have suffered in the last two years due to write-offs associated with this development. The existing owners feel that the firm’s future lies in establishing wider international links and the retirement of senior family members, leaving the younger members active in the management of the firm. They are therefore considering selling a controlling interest of 60% to a suitable company. The firm has been established for 23 years, and is well respected in business circles. The average age of its fixed tangible assets is 3 years. The directors have indicated that they may accept part payment in Bellingham shares subject to negotiation. The firm’s nominal share capital is $2. m, and the directors have indicated that they value the firm at five times the year 2010 net profit. They consider this to be the firm’s â€Å"normal† level of profit excluding the â€Å"extraordinary† effects of the Nevada development. As the firm is at present family owned and run, there is no available price/earnings ratio. P/E ratios for the only two publicly-owned c ompanies in the same business sector, Harvey Wilkinson Designs plc and Cucci Lifestyle plc, are currently 10 and 8 times respectively although both of these firms, unlike Bellingham, operate internationally. Wilkinson has grown at a similar rate to Bellingham. The dividend yields of these companies have been as follows: WilkinsonCucci Year to 31 December 2011 8. 1% 7. 25% 2010 7. 2% 6. 9% 2009 5. 3% 5. 95% American Creations has its own manufacturing facilities and operates throughout the USA and Caribbean with design offices in New York, Miami, Los Angeles and Colorado Springs. Their main business, which is thriving, involves complete home furnishing and interior design for wealthy clients. In addition, the firm has a real estate office in each location and is thus able to offer a complete property service. The value of properties handled by the real estate offices is typically $5m – $20m. Bellingham is interested not only in extending its operations internationally but particularly in the possibility of diversifying into the real estate business. Whilst well aware of the existence of a number of competitors, the directors feel that there is a ready market in the US for their established name in terms of design flair, service and products. After discussions with the directors of American Creations, Bill Moneypenny has produced the following forecast. Under average economic growth conditions, the American Creations operating forecasts (in $*1000) for the next five years are based on the following: Income:from Sales: $7500 in 2013, rising by 12% per annum for the foreseeable future. from real estate sales commissions: $2850 in 2013 increasing by 15% per annum for the foreseeable future. Manufacturing variable costs: Labour: $1250 in 2013, expected to increasing by 8% per annum. Materials: $3800 in 2013, expected to increasing by 5% per annum. Fixed costs excluding depreciation: Manufacturing O/H: $2065 in 2013, increasing by 5% per annum. General O/H: $1850 in 2013, increasing by 2% per annum. Depreciation:Factory, machinery vehicles: $500 per year. Office/Design Studio fixtures: $200 per year. The beta of Bellingham plc is believed to be 1. 65 , the risk-free rate of return is 5. 5% and the return for the last year on the FT All-share index is 2%. UK corporation tax is currently 32% payable 9 months after the end of the accounting year in question (you may assume for the purpose of this case that accounting profit and taxable profit are identical. ) Bellingham’s directors estimate that the after-tax profits of American Creations could be allocated as follows: 70% as retained earnings and 30% as dividends. This has been the pattern under the under the present ownership. There would be no restriction on the transfer of the appropriate share of these dividends to the UK. The US corporation tax rate applicable is 20% payable in the year in which the profit arises. There is no double taxation of profits of US origin in the UK. (For the purpose of this case, ignore the possibility of any withholding taxes and the effects of foreign exchange risk. It is considered possible that, as the US economy develops further, even higher wages than those forecast may be demanded by the workforce. Required: Evaluate the American Creations proposal on behalf of Bellingham plc, supporting your arguments with relevant theory and calculations and indicating any non-financial matters you feel should be taken into consideration. Your report should consider the following areas: 1. An analysis of Bellingham’s current position using relevant financial ratios. You should show the calculation of the ratios and provide interpretation of the results. . Calculation of Bellingham’s cost of capital, using alternative methods and arriving at the most appropriate figure. 3. An investment appraisal of the American Creations proposal assuming the valuation suggested in the case, using a variety of methods and evaluation of the results. 4. A sensitivity analysis of the proposal and interpretation of the results. 5. Calculation and discussion of alternative valuations for acquiring the share in American Creations and how these would impact on the investment appraisal. 6. A discussion of the various available methods of financing the acquisition and consideration of which is the most appropriate. Your calculations and arguments should be supported by relevant theory, with evidence of wide reading around the subject. You should provide a complete bibliography with appropriate referencing in your report. Submission requirements: Your answer should take the form of a written report of approximately 2500 words excluding appendices and the reference list. Deviations from the word count exceeding plus or minus 10% will attract a penalty of 5%. The hand-in deadline for submission is 23. 0 on 25th November 2012. Submissions up to 24 hours late will attract a 10% penalty whilst those beyond 24 hours but less than 1 week late will be capped at 40%. Reports submitted more than one week late will attract a mark of zero. Submit one electronic copy via Studynet. This is an individual assignment and the report submitted should be entirely your own work. Appendix 1:B ellingham plc| | | | | | | Abridged Trading, Profit Loss Account for the year ended 30th June 2012:| All amounts are in thousands of pounds sterling| | | | | | | | | | | | | | | | | | | 2012| | 2011| | 2010| | Sales| 9606| | 7564| | 6100| | Production Cost| 4034| | 3101| | 2240| | Gross Profit| 5572| | 4463| | 3860| | | | | | | | | Selling Expenses| 1467| | 1250| | 1080| | Installation Expenses| 1689| | 1300| | 980| | Administration Expenses| 960| | 630| | 597| | Operating Profit| 1456| | 1283| | 1203| | Debenture Interest| 53| | 53| | 53| | Profit Before Tax| 1403| | 1230| | 1150| | Corporation Tax| 449| | 394| | 368| | Profit After Tax| 954| | 836| | 782| | Dividends| 341| | 280| | 220| | Retained earnings| 613| | 556| | 562| | Balance Sheet at 30th June 2012:| | | | | | | | | | | | | Fixed Assets (net):| | | | | | | Land Buildings| 2300| | 2400| | 2500| | Plant Machinery| 1700| | 1186| | 552| | Fixtures Fittings| 700| | 600| | 402| | Motor Vehicles| 185| | 140| | 105| | Office equiptment| 250| | 185| | 100| | | 5135| | 4511| | 3659| | Current Assets:| | | | | | | Stocks: Raw Materials| 216| | 208| | 182| | Work in Progress| 200| | 205| | 190| | Finished Goods| 150| | 128| | 97| | Debtors| 1775| | 950| | 595| | Bank/Cash| 230| | 136| | 104| | | 2571| | 1627| | 1168| | Current Liabilities:| | | | | | | Trade Creditors| 1190| | 788| | 270| | Corporation Tax| 449| | 394| | 368| | Final Dividend| 171| | 140| | 110| | | 1810| | 1322| | 748| | | | | | | | | Net Current Assets| 761| | 305| | 420| | Net Assets| 5896| | 4816| | 4079| | | | | | | | | Long-term Liabilities:| | | | | | | 9% Debentures 2016| 750| | 750| | 750| | | | | | | | | | 5146| | 4066| | 3329| | | | | | | | | Shares reserves| | | | | | | ?1 ordinary shares| 1000| | 1000| | 1000| | 6% Preference shares of 50p ea,| 500| | 500| | 500| | Retained pr for yr| 613| | 556| | 562| | Profit loss| 3033| | 2010| | 1267| | Shareholders funds| 5146| | 4066| | 3329| |

Thursday, February 13, 2020

Israeli-Palestinian Conflict Essay Example | Topics and Well Written Essays - 1000 words

Israeli-Palestinian Conflict - Essay Example d be we should be prudent in how and what form they can provide financial or political support for Israel, without exempting them from the same accountability demanded of all nations and churches regarding human rights and international law. Lee von Bockmann, James. â€Å"Review: Philosophical Perspectives on the Israeli-Palestinian Conflict, edited by Tomis Kapitan.† Arab Studies Quarterly 21.4 (1999): 105-109. ProQuest. Web. 17 Mar. 2014. Lee von Bockmann reviews the book that Kapitan edited, Philosophical Perspectives on the Israeli-Palestinian Conflict, has the strengths of revealing the dark side of Israel as a terrorist state and a secondary genocide maker because of its violent tactics and consequences. He discusses diverse philosophical perspectives that offers different philosophical lenses for the understanding and resolution of the Israeli-Palestinian Conflict. Mollov, Ben, and Chaim Lavie. â€Å"Culture, Dialogue and Perception Change in the Israeli-Palestinian Conflict.† International Journal of Conflict Management 12.1 (2001): 69-87. ProQuest. Web. 17 Mar. 2014. Mollov and Lavie conducted a survey on Palestinian and Israeli students to understand how intercultural dialogue on people-to-people levels can result to more positive perceptions of one another. These perceptions can lead to common interests that can support long-term peace aspirations in Israeli-Palestinian Conflict and other similar conflict settings. Naqib studies the economic effects of the Israeli-Palestinian Conflict on the collapse of the Oslo Accord. He asserts that the Israeli policies and actions have destabilized the Palestinian economy by limiting trade, taxation, labor market flows, and access to land, which resulted to income decline, poverty, and unemployment in Palestinian territories. He argues that two important issues are the Palestinian right of sovereignty and the right to liberate their economy from colonial reliance on Israel. Roy examines the paradigm shifts that

Saturday, February 1, 2020

The reflection of 2 group work Essay Example | Topics and Well Written Essays - 1500 words

The reflection of 2 group work - Essay Example The current business environment is more complicated and fueled by many things that are yet to be known. Every leader feels some pressure when it comes to generating results, building effective teams and creating a high performance environment. At the same time, most employees get tired of uncertainty and the necessity to perform better with less. It therefore causes workplace dissatisfaction. The added pressure on employees to deliver without knowing their eminent future not only tests their patience, but also that of the leaders (Bass, 2009). Patience is always a virtue and good leaders need to practice it. More so today, where everybody is getting more and more frustrated, either at work or with societal issues. Efforts to practice patience are being tested than ever before. Therefore, leaders need to do more in order to make up for followers that lost their patience along the way. Leaders need patience since they deal with people and not machines. In contrast with machines, people have so many quirks. Mostly people are reluctant when it comes to change. People will develop political affinities and alliances. People have their preferred ways of doing things, pet projects and favourite friends. It therefore takes patience to work with people effectively and accomplish the set objectives and goals. Even though some times there is a need to be impatient in order to push an agenda, a good leader needs to understand that patience is the secrete weapon behind getting things done (Hughes, 2012). The third step of leadership process is development of strategy and vision. In this step, key leaders will develop and adjust the business strategy as well as the direction the organization is taking. During this process, the vision and strategy of the organization is reviewed depending on the business realities, redefining and refocusing the strategy so that it fits competitive and marketplace demands (Boonstra,

Friday, January 24, 2020

Anthony and Cleopatra Essay -- essays research papers fc

Shakespeare Uses As His Source For The Play Plutarch’s Lives Of The Noble Grecians And Romans. Plutarch, Along With Other Greek And Roman Authors, Saw An Opposition Between The Conquering West Standing For Moral And Political Virtue And The Conquered East Representing Luxury And Decadence. How Does Shakespeare’s Play Present These Positions? Throughout William Shakespeare’s Antony and Cleopatra, there is the dichotomy of the hard-working political life of Rome and the luxury and pleasures of Egypt. The effect of the difference between the two places on the main characters, and on the plot, is a key theme throughout the play. It is common in Shakespeare’s plays for characters to talk about themselves in the third person, which gives them an elevated and important status. This is used to show the difference between the relaxed and indulgent Egypt, and the more formal ways of Rome. Octavius Caesar refers to himself in the third person often in the play, â€Å"It is not Caesar’s natural vice to hate our great competitor† This gives Octavius an air of importance, as he takes a tone of superiority over Antony because he is enjoying the luxuries of Cleopatra’s palace. Dance, music and song are commonly used in Shakespearean comedy, for example in plays like a Comedy of Errors or As You Like It. They often act as an uniting force, bringing together different groups or individuals. In Antony and Cleopatra,a tragedy, they are presented differently. They are used to indicate Egypt as a place of frivolity. Cleopatra remarks â€Å"give me some music, moody food of us that trade in love.† Music is never played in Rome, and there are certainly no comical characters (such as the eunuch Mardian) and little banter. The presence of music and dance, with an entertainer such as the Eunuch, shows Egypt to be a place of fun and frivolity in direct contrast to the serious political business of Rome. Shakespeare also displays the contrast between the two places by his use of jocularity, particularly puns and sexual innuendo. These are prevelant in the Egyptian scenes, particularly in the exchanges between Cleopatra and her courtiers. Charmian: â€Å"My arm is sore. Best play with Mardian. Cleopatra: As well a women with a Eunuch played as with a woman†¦Ã¢â‚¬  This short exchange presents Egypt as a place of sexual innuendo and entertainment. Such conversations never tak... ...eir attractions, but they also have a tragic consequences. At the end of the play as Antony and Cleopatra both commit suicide. While Cleopatra’s death is symbolically romantic, Antony cuts a pathetic figure in death. There is a great sense of waste at the end of the tragedy, as a great man has come to nothing because he abandoned his sense and reason for the luxuries of Egypt. Throughout Antony and Cleopatra there is a sharp contrast between the bawdy humour and entertainment of the east and the stern morality and politics of the West. This is best seen in Antony’s downfall; his death is caused by a romantic but illogical attempt at conquering Rome, and the battle of Actium shows the decadent Egypt destroyed and the sensible Rome victorious. In Rome Antony was at his best as a man a soldier and a statesmen, whereas as Antony says â€Å"in the East my pleasure lies†, as does his downfall. BIBLIOGRAPHY William Shakespeare, Antony & Cleopatra, Edited by Emrys Jones, New Penguin Shakespeare Edition York Notes Advanced, Antony And Cleopatra, Robin Sowerby Richard Gill, Mastering English Literature  Ã‚   Ruebel www.oeaw.ac.at/kvk/cte/  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  

Wednesday, January 15, 2020

My Experience Essay

As I reflect upon my life I will describe facts and events believed to have contributed to the person I am today. I like how Merriam Webster’s online dictionary explains experience as something personally encountered, undergone, or lived through. I have encountered difficulties, circumstances, and triumphs that have helped me to grow as a person. I am pursuing a higher education as my future goal. In this paper, I will apply theories from Adult Development and Life Assessment in my explanation of challenges I have faced during childhood to adulthood. I was born in Chicago, one of six girls and the middle child of twelve. As early as I can remember we worked as a group. We played together and we worked in the garden that my parents made in our back yard. I hated the garden because every time I wanted to go play, I first had pick vegetables out of the garden. I didn’t understand at the time that my parents used the garden to help feed our large family. My dad always worked two jobs; his primary employment was with a company called Central Soya. When my father retired from there we moved to Alabama because the cost of living was cheaper. We didn’t have a lot of material things like clothes and shoes. My mother would buy tennis shoes from the grocery store and my brothers would be so embarrassed because their friends saw them trying on the shoes in the store. I can remember my dad making me a pair of pants for school; I thought they were the prettiest pair of pants I had ever seen. It was cheaper to make a pair of pants than to buy them. My parents cut corners any way they could. We may not have had material things but what we did have was love and lots of talent. Not real talent but talent that’s appreciated in a family. On rainy days mom and dad would have us put on a talent show. It was so much fun that we kept the tradition even until adulthood. On birthdays and holidays we would use our talents to entertain mom and dad. Birthdays were especially special because my dad would make me a birthday cake. He was a really good cook and everyone in the neighborhood wanted a piece of his cake. My sixteenth birthday marked a significant shift in my life. I became pregnant and it was one of the biggest mistakes that started a downward spiral in my life. I hung out with older girls that had children. They were into partying and so called having a good time. Our environment plays a huge role in how we develop, what pathways are open to us, and which are closed (Witt, G.A., & Mossler, R. A. (2010). I feel like the environment that I chose to be in led to early exploration of drugs and alcohol. I could see myself going in the wrong direction with more terrible consequences if I didn’t make a change. I stopped hanging out and got my first job. It was on a military base in the mess hall. I met a soldier and we got married on our way to work one day when I was twenty one years old. We dated for four months then he went overseas for a year. We married a year later after he returned to the states. Being married was a challenge because he was abusive physically, verbally, and mentally. I had listened to his insults for so long that they became part of my own vocabulary. I began to think that maybe he was right, maybe if I could cook, clean, dress or talk better it would fix our problems. In our text Freud believed that the mind uses defense mechanism to protect itself from severe distress. In the beginning I rationalized everything he did, in rationalization: we look for an acceptable reason to justify our thinking or behavior (Witt & Mossler 2010). I got involved in church and accepted the Lord Jesus Christ as my savior. As a result I think a lot of the abusive behavior was able to continue because I simply forgave, thinking it was the Christian thing to do. According to Haan (1977), coping strategies involve choice and purposive behavior, are oriented toward reality, involve differentiated thinking that integrates conscious and preconscious aspects, and permit affective satisfaction in an open, ordered, and tempered way (Psychology and Aging 2000 ). It came to a point after seventeen years of abuse I couldn’t take it anymore. I had done all that I could physically to have a successful marriage but it wasn’t working out for me. I had to face the cruel reality that my marriage was over. Finally I filed for a divorce, which was one of the scariest things I have ever done in my life. Going through the divorce gave me a sense of freedom and strength that I had never experienced in my marriage. Getting a divorced was the best thing I could have done for myself. It started me on a journey to find out what I want out of life for myself. It marked a new beginning to a better, brighter future in my life. I was free to make my own decisions that impact my life. One of those decisions was returning to school for a degree. I really want to be an example to my daughter and her children that education is the key to success, and you are never too old to be successful in life. I must admit that I was very afraid of returning to school because I thought that I would not be successful. I thought that I wouldn’t be able to remember things or comprehend how to do the work. Some researchers contend that intellectual functioning is a process of irreversible decline. However, most scholars agree that intelligence either remains relatively stable through the adult years, with substantial intellectual changes occurring only very late in life, or that intelligence declines in some respects, remains stable in others, and may even increase in some functions, depending on a person’s educational level, life experiences, and overall health (Intelligence and Aging 2007). I am now encouraged to pursue my education. I’m not too old, I plan to finish my courses and earn my degree. My goal is to apply for higher positions that require a degree. There will be many opportunities open to me once I earn my degree in my field of study. In conclusion, I have shared different experiences that have influenced my personal life. I have used theories from this class to support my experiences and I have shared my future plans to achieve my academic goals. Every lesson I complete moves me one step closer to my goal. References Intelligence and Aging (2007) Learning in Adulthood: A Comprehensive Guide. Retrieved from http://www.credoreference.com/entry/wileyla/intelligence-and-aging Witt, G. A., Mossler, R.A., (2010). Adult Development Retrieved from http://content.ashford. edu /AUPYS202.10.1 Vief, G. L., Diehl, M., (2000) Cognitive complexity and cognitive-affective integration. Psychology and Aging. Vol.15 (3) US: American Psychological Association pp. 490 -504.doi:10.1037/0882-7974.15.3.490

Tuesday, January 7, 2020

At Mornington, A Poem by Gwen Harwood - 750 Words

Memorable ideas are evident in Harwood’s poetry. In her poem, â€Å"At Mornington†, she considers the philosophical idea that the passing of time leads to gaining of wisdom. Harwood shows that growth and development are a critical part of defining our individuality. She has effectively used poetic techniques such as construction; vivid imagery and the context of her own life to explore this idea and contributed to the textual integrity of the piece. External contextual readings and values of the poem have illuminated the significance of the piece in asserting the value of friendship and relationships, and presented various ideas such as the inevitability of death, the significance that past events and memories play in shaping present perception as well as the defining of individuality through growth and development. Together, this contributes to the memorability of the poem. At Mornington is variant in structure; it is linear, circular and episodic, containing recurring motifs. The lack of a rhyme scheme displays the ‘train-of-thought’ nature of the poem, presenting the poem as a reflective journey for the persona. Experiences with family and friends are tied with the poem, starting with a first witnessing of the sea and then introspectively reflecting on water, memory and death. The episodic recollection of the sea displays the personas reliance on memories to convey changes in perspective. Thoughts of mortality are developed during a meeting â€Å"among avenues of the dead† withShow MoreRelatedAnalysis Of Gwen Harwood s Poem, At Mornington979 Words   |  4 PagesThroughout Gwen Harwood’s Selected Poems, Harwood continually seeks to examine the many different faces of human nature, which have been heavily influenced by her experiences as a child, a woman and in the moments prior to her death. Her poems explore and reveal the power of reminiscence and memories, rebellion against authority, as well as the idea of mortality, which are illustrated by many of Harwood’s different personas. In some of Harwood’s poems, the persona demonstrates that memory canRead MoreGwen Harwood relationships throughout poems903 Words   |  4 Pagesï » ¿Gwen Harwood’s poetry endures to engage readers through its poetic treatment of loss and consolation. Gwen Harwood’s seemingly ironic simultaneous examination of the personal and the universal is regarded as holding sufficient textual integrity that it has come to resonate with a broad audience and a number of critical perspectives. This is clearly evident within her poems ‘At Mornington’ and ‘A Valediction’, these specific texts have a main focus on motif that once innocence is lost it cannot beRead MoreTextural Integrity in Gwen Harwood1572 Words   |  7 PagesEXTENDED RESPONSE: Gwen Harwood â€Å"In your view, how has textural integrity been achieved in Harwood’s works. Support your view with detailed reference to at least two of the poems set for study, evaluating the structure and poetic techniques† Through the mastery of the unique structure, style, and coherent textural integrity of her work, Gwen Harwood is widely acknowledged as a ______ poet. Harwood engages the audience personally though the highly personal, yet detached tone and language, thusRead MoreGwen Harwood Essay1160 Words   |  5 PagesMODULE B: GWEN HARWOOD Opportunities for an individual to develop understanding of themselves stem from the experiences attained on their journey through life. The elements which contribute to life are explored throughout Gwen Harwood’s poems, At Mornington and Mother Who Gave Me Life, where the recollection of various events are presented as influences on the individual’s perception of the continuity of life. Both poems examine the connections between people and death in relation to personal connectionsRead MoreGwen Harwood - Power of Memory. Essay1110 Words   |  5 Pagesexperiences held in the subconscious illuminate an adult’s perception. Harwood uses tense shifts throughout her poetry to emphasise and indicate the interweaving and connection the past and the present hold. By allowing this examination of the childhood memories, Harwood identifies that their significance is that of an everlasting memory that will dominate over time’s continuity and the inevitability of deat h. Three poems written by Harwood that emphasise the idea of memory’s importance and its ability