Friday, December 27, 2019
Transcendentalism - Very Important Movement - Free Essay Example
Sample details Pages: 2 Words: 531 Downloads: 4 Date added: 2019/07/03 Category Philosophy Essay Level High school Tags: Transcendentalism Essay Did you like this example? It developed around the early 19 century in New England. It served as a protest to spirituality. This movement wanted to show the states how every single person had a spirit and a soul. Scholars would regularly hold meetings to discuss spirituality ideas in secret. Their are also numeros novels about transcendentalism. One for example is ,à ¨Little Womenà ¨ by, Louisa May Alcott. To begin, Transcendentalism is a philosophical movement based on spiritual beliefs. The people who believed in transcendentalism believe that everyone had a spirit and a soul that was pure. They believed that jesus was not superior to god but was to humans. They were dissatisfied with the unitarianism. This caused a battle between the younger generation and older generation. Donââ¬â¢t waste time! Our writers will create an original "Transcendentalism Very Important Movement" essay for you Create order My movement existed in order for humans to feel self worth and self gratitude. The transcendentalism movement simply wanted for people to have a better life and see everything to the fullest. With meditation and spirituality one may accomplish peace.If my movement had not existed we the people may not have a lot of rights we have today. They had noble goals and did nobel deeds. For example they wanted better pay and better conditions for workers. Along with free religion, education innovation, and other humanitarian needs. The people who believed in transcendentalism only wanted a better world for humans. A better government and a better environment to live life. Furthermore their state of mind is far above others. They think about innovations and exploration instead of common sense and opinions. Limitations like time does not seem to phase this moment. They believed they could have accomplished various things. In other words they believed in human beliefs and human rights. The quality of the novel and works of the authors from the transcendentalism movement are rich. Their works gave us compassion and self worth. Their novels gave the world life. It gave life meaning. It also gave the world to use that life to the fullest. Walt Whitman way san inspirational author. His book,à ¨Leaves of Grassà ¨ is very inspirational. It is exactly what the transcendentalist movement was aiming for. It is a book that shows the reader life and how you may enjoy it with self worth. Another author is Ralph Waldo. His book of,à ¨Ã¢â¬ Natureà ¨ explains to us the foundation of transcendentalism and the beauty of nature. It explains the appreciation of nature that the trancsedletism movement has. That was just two of the many authors from the transcendentalism movement. The trancsedetlism movment povided the world with amazing authors and incredible beliefs. I believe that this movement is just as important as any other movement. They provided us with ideas and innovations of laws, education, and human rights. As a result, trancedeltism was movement that started around the early 19 hundreds and was lead by various talented scholars and authors. They lead this moment with idealistic and noble goals. The movement was done for the good of the people. What was left after was possibly even greater than the movement. The knowledge we gained and the novels and poem we have in our possession is outstanding. This movement has taught the world about self worth, nature appreciation, and spirituality.
Thursday, December 19, 2019
Elizabeth And Akbar, Chapter 4 Kangxi And Louis Xiv Essay
This essay will be discussing chapter 2 which is Elizabeth and Akbar, chapter 4 Kangxi and Louis XIV, chapter 8 Bismark and Ito and chapter 10 Hitler and Stalin. This essay will discuss each one of the leaders in the chapters and how they came to power, how they ruled the people, and how they dealt with outside forces. This essay will also talk about how all these leaders had deal with governmental change and how they dealt with it. Queen Elizabeth and Akbar were both leaders that rolled their own country and focused heavily on religion to roll their countries. Elizabeth was a Protestant ruler. Elizabeth became Queen on November 17 1558. She restored Protestant Christianity as the official religion of England. If you refused to attend church you can be punished. People would be punished if they were not Protestant and could face fine and the possibility of death. Elizabeth served as Queen of England for 44 years. Akbar was a ruler of the Mughal Empire in the 1500s. Akbar grew up with a Sunni father and a Shiite mother. He expanded the Mughal Empire to the greatest extent. He used religion to help control his government and inforce laws on his people. Elizabeth and Akbar both proved that the use of religious conflict to strengthen their own rule can make the rule stronger and keep their people in control. Elizabeth and Akbar also proved that religious preference can only bring a divided state and not a unifi ed state. Kangxi and Louis XIV were both rulers
Wednesday, December 11, 2019
Woolworths Ltd - Financial Analysis Free Sample Solution
Question: Discuss about theWoolworths Ltd Financial Analysis. Answer: Introduction The emergence of the organization financial evaluation or analysis management is the procedure which is associated to the change in organization scenario, socio-economic and brought about by the advancement of computer and information technology, emergence of multi product and multi division corporations with complex and dynamic organization set-ups (Berk and DeMarzo, 2007). Thereby financial management is about managing the organization performance and understanding organizations strategic objective and goals based on underpinning service quality and accountability as much as managing company finance resources including currency in efficient manner. Thereby present aim of this assessment is to analyze and evaluate the financial statement of the company of last five year using quantitative as well as qualitative methods. In addition to this quantitative analysis involves ratios calculation and its analysis. Furthermore, present assessment deals with the analyzing and evaluation of the financial performance. Qualitative Analysis of the Company Company Background In order to assess the financial analysis most effective and efficient manner student selects Woolworths ltd. The company Woolworths limited is Australian based organization and listed in the Stock exchange with extensive retail sectors. The organization is the second largest organization in the Australia by profits and revenue. As per the given data it has been seen that the company at the end of 2015 financial year earned A$60.68 billion and profits earned in 2015 FY is A$2.45 billions that indicates the present performance of the company well as compare to other organizations in same sectors. Moreover, the company offered one billion shares and the issues oversubscribe by approximately more than 2.60 billion share applications that represents that the company market share as well as brand values are better compare to their competitors and due to this more shareholder wants to invest money in this company (woolworths, 2016). The organization revenue growth has been increased at constant rate from the FY2010 to 2015, improve in organization sales has been consistent from $51,918 to $60868 in FY2015. The launch of the Everyday low price and project refresh strategies represented with a focus of restructuring end to end and line items super market, supply chain enhancement. On the other hand the company imple ments cost savings and supply Chain efficiencies that indicates that in the past 10 years the company save its cost approximately $0.8 billion. Furthermore, cost of goods sales in the year of 2011 is $40,049.7 and in year of 2015 is $43,990.5 that represents that increase in sales in effective manner (woolworths, 2016). Instead of this, it has been seen that with organization i.e. Woolworths online available to approximately more than 84% of Australian people that could Cleary indicates that the company generate an effective consumer base eventually resulting in more profits. Thereby as per the qualitative analysis and interpretation, it has been gained that the company always aimed at earned more profits to its shareholders. With better growth rate, as well as continue expansion the company Woolworths has increased into an effective brand within the stock market. Thus, form the analysis it has been intended that the company generating better market values and achieving better customers satisfaction. Thereby, Strength of the company revenue growth over the past five years has make sure that value creation of its shareholder or investors and profitability of the organization. The company has to take advantage of on the market opportunity of capture and strengthen its position within the market. An improve in profits as well as sale of goods give the company to initiate huge scale expansion planning which the company has introduce its market in global such as china, south Africa and India. Quantitative Analysis of the Company Ratios analysis is the effective tools and techniques help the company to analyze and evaluate organization performance in most effective manner. Financial performance identification as well as evaluation of organization weakness and strengths has been done in successful manner with the help of financial tools and techniques i.e. ratios analysis. In order to assess the performance of the company student use, liquidity ratios, profitability ratios, capital structure as well as market values. Liquidity Ratios Liquidity ratios helps the organization to determine the capacity of the business to fulfills it financial responsibilities and requirements in short period of time. Ratio Computation Formals Values of last five years Liquidity ratios Current ratio Current Assets Current Liabilities 2011 .80 2012 .86 2013 .91 2014 .95 2015 .84 Current Ratios As per the calculation of current ratios, analysis and interpretation it has been gained that in organization improve its current ratios constantly from FY 2011 to FY2014. In the year of 2014, the company loses their current ratios and its values degraded approximately .12 from FY 2014 to FY 2015. Thereby as per the current ratios analysis it has been observed that current ratios of 2:1 is effective for the company it should be considerable. As per the above figure change occur from FY2014 to FY 2015 and main reason behind that their competitor performing well and providing same goods and services in fewer prices with quality (woolworths, 2016). Thereby in such situation, it has been suggested that company needs to implements an effective cost cutting strategies; this helps them to increase liquidity ratios in successful manner. Overall organization current ratios below one; this shows that company may have problem in paying money in time. Therefore from the calculation it has been s aid that company current ratios is not much effective than the industry average rate and thus in has states that company are not performing well and not to be effective to pay short term obligations (Bodie and Merton, 2000). Profitability Ratios Profitability ratios help the company to determine whether, or not organization produces effective returns for its shareholders as well as owners by making high revenue as compared to expenses (Fridson and Alvarez, 2002). Ratio Computation Formals Values of last five years Profitability ratios Net profit margin Net income Net sales 2011 3.89 2012 3.28 2013 3.85 2014 4.02 2015 3.53 Return of total assets Net income /average total assets 10.73 8.51 10.31 10.56 8.66 Net Profit Margin Net profit margin helps the company is to determine how much profits the company earned in financial year. A less net profits margin of the company shows that a less margin of safety where as a higher profit margin shows that company gain more profits and performed well within the market. As per the computation of the net profit margin it has been seen that organization net profits margin were 3.89%, 3.28%, 3.85%, 4.02%, 3.53% respectively in FYs 2011,2012,2013,2014 and 2015 (woolworths, 2016). Values of the change has been occurred from the FY 2014 to FY2015 and this represents that company pay more operating expenses such as utilities, salaries as well rents thereby to increase them in effective manner management of the company requires to implements an effective monitoring strategies that helps them to increase profits most effective manner. Thereby this figure indicates that the company has better net profits margin as compare to average trend of other organizations in same secto rs. Thereby this figure represents that the company in better in terms of pricing strategies, operating efficiencies as well as cost control strategies. Return on Total asset The company use ROA in order to measure efficiency of the organization as well as market values. Thereby as per the calculation of return on total asset using net income divided by average total assets it has been gained that in year of 2011, 2012,2013,2014 and 2015 are 10.73,8.51,10.31,10.56 and 8.66 respectively. Thereby from the FY2012 to FY2014 Company ROA has been increased effectively and in year of FY2015 company errand less ROA compare to FY2014 (woolworths, 2016). Thus as per the analysis it has been said that company ROA ratios are indicates upward trends. Thereby as ROA calculation, it has been said that company performing effectively and earning better revenues (Tripathi, 2008). Capital Structure Ratio Computation Formals Values of last five years Capital structure ratios Debt ratios Total Liabilities total assets 2011 0.64 2012 0.58 2013 0.49 2014 0.43 2015 0.44 Interest cover ratios EBIT/interest expense 10.85 11.19 12.21 13.58 11.94 Debt Ratios This ratio helps the company to determine the extent to which long term finance of the company is sourced from the debt. Ratios below 50 percentages considered higher ratios and optimum decease lender confidence and hamper opportunity borrowers. As per the calculation, it has been gained that at the end of FY2015 company debt ratios is 0.44, which is higher than previous financial data. In add ton to this figure represents that company generating better debt ratios from last five years and from available data, it has been intended that the companys resources are sufficient to fulfill its obligations and this shows underutilization of sources of finance that may represents restricted growth. Interest Cover Ratio Interest coverage ratio helps the company to determine that companys capability to make interest pay on its debt in effectively as well as timely manner. As per the above represented figure it has been gained that company interest coverage ratios has been increasing order from FY2011 to FY2014. At the end of FY2015, the company, interest coverage ratio has been decreased from 1.64. As per the data and it has been seen that company interest coverage ratios is much better and this indicates that company afford to make principle payment in successful manner. This figure indicates that companies has extremely liquidity and not have any issues getting a loan to capture and expend market operations and functions (Tripathi, 2008). Market Values Ratio Computation Formals Values of last five years Market values Price earning ratios Market values per share Earnings per share 2011 15.82 2012 17.94 2013 18.05 2014 18.01 2015 15.83 Price Earnings Ratio The price earnings ratios help the company to measure the company share price to the yearly net income achieved by the company per share. Thereby as per the calculation and observation, it has been seen that company has higher rations that indicates that company performance is well and prove better investment. The main reason to change the values form FY 2014 to FY2015 is that company competitor provides its goods and services in fewer prices (Robinson, 2009). In addition to this above figure also indicates that company growth in future is well and this means organization generating better profits. Calculate Values of Stock using Dividend Growth, Rate Model Aim of the present topic is to calculate stock return, divided growth rate as well as current price of the company. Procedure used to determine the estimation such as capital asset pricing model. Growth rate calculation g=ploughback ratio*ROE Ploughback ratio=1-payout ratios g=(1-0.8528)*0.2722=4.01% In order to determine accurate growth rate average is taken from 2010 to 2015 as given in the financial report represent in appendix. g=7.68% Determination of current share price With the help of using constant dividend growth model current share price is repressed in below; Dividend payment in 2014 is $67+59 i.e. 41.26 per share that is do and growth rate is estimated 7.68%. Dividend payment in 2014=1.26*(1+7.86) =$1.36 that is the total dividend for 2015. Determination of expected current stock price Current stock price is to be calculated with the help of constant dividend growth ratio model that is Gordons growth model (Berk and DeMarzo, 2007). p0=current share price d1=dividend payment for previous year RE=required rate g=growth rate d1=1.36*(1+7.68%) =$1.46 As per the data dividend yield =3.88%, RE=3.88+7.68=11.56% p0=1.46/ (11.56-7.68) =$37.63 Recommendation and Conclusion As per the above analysis and evaluation it has been said that Financial analysis is the procedure of analyzing organizations, budgets, project and other financial entities to identify organization suitability for investment. In addition to this from above calculation, it has been intended the management of the organization to evaluate whether organization is stable, liquid and beneficial uses financial analysis. In addition to this, it has been seen that organization primary purpose to improve profitability and this can be effectively obtained using enhancement of profit margin as well as return of total assets. Meanwhile, main propose of use of financial analysis by the management is to focuses upon the income, cash flow statement as well as balance of the company in financial years. In present section student is a deal with the company background and its performance using qualitative analysis. Thus, it has been recommended that to achieve more profits in effective manner company n eed to enhance market position with help of expansion of business operations (Fridson and Alvarez, 2002). From the calculation, it has been observed that company achieving better gross margin thereby this figure indicates that company has surplus values at the end of financial year 2015 thus it has been suggested that company requires investing these money in those area from where they earn profits and improve market share in effective manner (Tripathi, 2008). References asx. (2016).asx.. [online] Available at: https://www.asx.com.au/asx/research/company.do#!/WOW [Accessed 11 Jul. 2016]. Berk, J. and DeMarzo, P. (2007).Corporate finance. Boston: Pearson Addison Wesley. Bodie, Z. and Merton, R. (2000).Finance. Upper Saddle River, NJ: Prentice Hall. Fridson, M. and Alvarez, F. (2002).Financial statement analysis. New York: John Wiley Sons. Robinson, T. (2009).International financial statement analysis. Hoboken, N.J.: John Wiley Sons. Tripathi, M. (2008).Auditing and finance management. New Delhi: Navyug Publishers and Distributors. woolworths. (2016).woolworths. [online] Available at: https://www.woolworths.com.au/ [Accessed 11 Jul. 2016].
Tuesday, December 3, 2019
Models Of Reality Essays - Creation Myths, Flood Myths, Bereshit
Models Of Reality "In the beginning God created the heavens and the Earth" (Gen 1:1). These words, along with the rest in Genesis, and for that matter, the rest of the bible, seem to give a very definite image of our Christian God as an entity clearly different from the humans he creates. Although He may walk and talk with Adam and Eve through the Garden of Eden at the beginning of Genesis, He soon exits the human world to a more ethereal place far off in the heavens. Similarly, the creation stories from the tribal people in the Indian state Orissa seem to hold the same concept that their gods too had at one time or another taken a physical part in the creation of their world, but they also went to "live in the sky." The traditional two-worlds model of reality states that some regions of reality, or "worlds", are qualitatively different from others. Often times, humans equate this model of reality of God (or gods) with perfection and paradise, while the reality of humans is devoted to the attainment of this "other world." These ten creation stories support the long held belief in a two-worlds model of reality and that, although humans cannot remove themselves from one reality to another, they can be conscious of it and have interactions with it (or those in it may interact with them). According to these creation stories, as well as Genesis and Gilgamesh, in the very beginning, there was but one reality, that of the gods. The stories then usually go that the gods either wanted somebody to keep them company or worship to them (or both), so, in their infinite wisdom, the gods created humanity. This very creation of man is very interesting in that many of the stories employ very similar methods for the actual creation process. In the first of these ten creation stories, the gods all take a little of their blood and a little of the dirt on their bodies and, after a few incantations, fabricate man. The creation of Enkidu by Aruru in Gilgamesh is very similar as she creates him "out of earth and divine spittle the double" (Gilgamesh 5). Even the Christian story of the creation of Adam entails similar characteristics when God "formed man of dust from the ground, and breathed into his nostrils the breath of life" (Gen 2:7). This reoccurring theme of man being formed from the ground seems to strengthen the thought that his (i.e. man's) only reality can be the one he spends on earth, in tangible, physical space, and that the gods are only physically present during the creation of man. The latter two of my previous examples also support the thought of gods living in different, separate realities. In Gilgamesh, the gods obviously live in a different, supposedly "unreachable" reality that none but Gilgamesh (who is part god) may reach. And in the bible, God also eventually removes himself from the world of the living man to Heaven, where only the spirits of men may go. The part of the two-worlds model of reality that is perhaps most surprising is the amazing likeness of the gods to the humans (or should it be humans to gods?). Not only do the gods shape man in their likeness as clearly stated in the bible or is implied in some of these creation stories, but they also act much in the same ways. In the third creation story, Kittung Mahaprabhu (a supreme being) eats fruit, just like man, something I would never really expect a god to do (i.e. eat). In the fourth creation story Kuraitsum, another god, has body hair which he ends up using to raise up trees and grass (who would ever expect a god to be hairy anyway?). Perhaps the reason for such likeness between god and man, as portrayed in these stories, can best be explained by, if the gods did not have such similar human characteristics, humans could never fully comprehend or quantify the concept of a being greater than themselves. A good example of this is that people can much more easily relate to Jesus Christ, who was at both times man and God, than they can with the Holy Spirit, a non-physical, ghostly apparition which is also God. It may even be argued that these likenesses between gods and humans are necessary for the concept of a two-world model of reality to even be possible. The amazing likeness of man to gods may also help to explain
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