Friday, December 27, 2019
Treatment of African Americans 1865-1895 - 1334 Words
During the span of thirty years from 1865 to 1895 blacks that lived within this time frame went through arguably the most profound series of events to occur in African American history. Southern blacks were faced with prejudice, bondage, slavery, and ultimately survival. Shortly after the thirteenth amendment was ratified, stating that: ââ¬Å"Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.â⬠The southern governments enacted a series of Black Codes that were purposefully meant to keep blacks ââ¬Å"as near to a state of bondage as possible.â⬠Blacks could not bear arms, be employed inâ⬠¦show more contentâ⬠¦Ã¢â¬Å"It forbade all the states to deny the vote to anyone ââ¬Å"on account of race, color, or previous condition of servitude.â⬠This was the final blow to the southern states, which quickly ratified the amendment. By March 1870 the Fifteenth Amendment became apart of the Constitution. Now taking into consideration the hell that southern blacks were enduring, this short period of time consisted of three Amendments being passed that shed a light on the black population that most blacks at the time had given up on. Congress gave the opportunity for blacks to step out of slavery, accept citizenship, and take the power to vote and change the way the south had been ran. ââ¬Å"The Radicals had at last succeeded in imposing their will on the South, Throug hout the region former slaved had real political influence; they voted, held office, and exercised the ââ¬Å"privilegesâ⬠and enjoyed the ââ¬Å"immunitiesâ⬠guarantied them by the Fourteenth Amendmentâ⬠¦The spectacle of blacks not five years removed from slavery in positions of power and responsibility attracted much attention at the time and has since been examined exhaustively by historians.â⬠Northern blacks held positions as teachers, lawyers, missionaries, officeholders, Union soldiers and politicians; this was a complete one hundred and eighty degree turn for the black population. Politically male blacks were launched forward and almost on an equal level as white northerners.Show MoreRelatedEssay on Treatment Of African Americans: 1865-18951293 Words à |à 6 PagesDuring the span of thirty years from 1865 to 1895 blacks that lived within this time frame went through arguably the most profound series of events to occur in African American history. Southern blacks were faced with prejudice, bondage, slavery, and ultimately survival. Shortly after the thirteenth amendment was ratified, stating that: ââ¬Å"Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United StatesRead MoreCollective Memory : The Political Nature And Consequences Of Erasure1290 Words à |à 6 Pagesac tion and neglect in regards to the rights of African Americans after Reconstruction. The mythos surrounding the warââ¬â¢s purpose and outcome, actively and deliberately altered by differing organizations, people, and groups, changed the political response to the treatment of African Americans. As noted by the historian Jay Winter, ââ¬Å"Nations do not remember, groups of people do. Their work is singular and never fixed.â⬠After the abolition of slavery in 1865, there was no inevitable outcome that would leadRead MorePresident Abraham Lincoln, Frederick Douglas, and Susan B. Anthony1415 Words à |à 6 Pagesironing out, equality in education, voting rights, and land ownership were established for blacks. Many historical figures defended the rights of those marginalized. Among them President Abraham Lincoln, who instituted the abolition of slavery in 1865 and set the basis for reconstruction in 1862, Frederick Douglas, a former slave who spoke for slaves freedom and aft er emancipation, for the rights of the newly freed, and Susan B. Anthony, a Quaker abolitionist, whom together with others startedRead MoreThe Yellow Wallpaper By Charlotte Perkins Gilman1547 Words à |à 7 PagesCharlotte Perkins Gilman s career as a leading feminists and social activist translated into her writing as did her personal life. Gilman s treatment for her severe depression and feelings of confinement in her marriage were paralleled by the narrator in her shorty story, The Yellow Wallpaper. Charlotte Perkins Gilman was born in 1860 in Hartford, Connecticut. Her parents, Mary Fitch Perkins and Fredrick Beecher Perkins, divorced in 1869. Her dad, a distinguished librarian and magazine editorRead MoreHistory And The American Civil War Essay1927 Words à |à 8 PagesIn the history of the United States, African Americans have always been discriminated against. When Africans first came to America, they were taken against their will and forced to work as laborers. They became slaves to the rich, greedy, lazy Americans. They were given no pay and often badly whipped and beaten. African Americans fought for their freedom, and up until the Civil War it was never given to them. When the Civil War began, they wanted to take part in fighting to free all slaves. TheirRead MoreBiography of a Runaway Slave3421 Words à |à 14 PagesCaribbean islands and the Latin American mainland written by Africans or their descendants that describe their life under enslavement. In Brazil, two mula tto abolitionists wrote sketchy descriptions of their personal experiences, and one autobiography of a black man was published before emancipation. In contrast, several thousand slave narratives and eight full-length autobiographies were published in the United States before the outbreak of the Civil War (1860-1865) (Conrad, p. xix). In Cuba, oneRead MoreLangston Hughes and Countee Cullen: Perspective on Religion4176 Words à |à 17 PagesAmerican Literature II Authors: Langston Hughes and Countee Cullen: Perspective on Religion Susan Glaspell and Charlotte Gilman: Roles of Women W.E.B Du Bois and Booker T Washington: Political View In the 1920s, the somewhat genteel world of American poetry was shaken to its foundations when the Harlem Renaissance started. During those times, all over the United States, thereRead MoreThe Industrial Revolution Essay1953 Words à |à 8 PagesThe Industrial Revolution during the 18th century was a turning point in American history. Despite the fact that newly-invented technology improved living conditions for many Americans and brought convenience and efficiency through the new transport system, this movement also changed the family structure. Men became the bread-winners of the family, while women were required to stay at home to take care of the children. The young women who used to work had to quit after marriage though they couldRead MoreCompare Malcom X David Walker and Booker T2406 Words à |à 10 Pageswhose ideas appealed to a completely different audience. The Civil Right Movement is the Africans- Americans movement that dominated the debates in the United Stated political sphere during the period of (1955-1968). The movement was about the fight against inequality, Americans struggles for social justice, and the racial discriminations. In order to reach their objectives, Africans Americans leaders had displayed many different ideas about how to conduct the movement. Some believed thatRead MoreEssay about Frederick Douglass Influence on the Anti-Slavery Movement3542 Words à |à 15 Pagesabolitionist movement were opposed to African colonization schemes, believing that the United States was the true home of black Americans. In March 1839 some of Douglasss anticolonization statements were published in the Liberator. In August 1841 at an abolitionist meeting in New Bedford, Douglass saw William Lloyd Garrison, for the first time. A few days later Douglass spoke before a crowd attending the annual meeting of the Massachusetts branch of the American Anti-Slavery Society. Garrison
Thursday, December 19, 2019
Essay on Alexanders divinity - 3335 Words
What evidence is there that Alexander may have believed that he was of divine descent? And how convincing would this evidence have appeared to one of his followers? From studying the sources of the ancient world that talk about Alexander The Great, it is clear that many of them present Alexander as being some type of heroic figure or Demi-god. However you could question whether Alexander believed this himself. Only by studying his actions and the actions of those around him can we draw any type of conclusion on this matter. This can be done through the use of sources that exist from the time of and around his death. Most of these sources have been lost or are incomplete however, so I feel that it would be best to mainly consult theâ⬠¦show more contentâ⬠¦So this may be why he visited the temple, not out of any personal belief that he was descended from Ammon, but instead, out of a sense of duty or to appear to be taking the fact that he was made Pharaoh by the Egyptian people as being a great honour. More over by visiting the temple he would be making his Egyptian subjects happy. Arrian further states that other accounts say that Alexande r went to the temple so that he could gain Ammonââ¬â¢s approval before founding Alexandria. This would seem plausible since, although there is question whether or not Alexander believed that he was of divine descent, it cannot be doubted that he took worship of the gods very seriously. And he would most certainly want a god of Ammonââ¬â¢s statures approval on something as important as the founding of Alexandria. Later Arrian states that when Alexander arrived at the temple, the priest answered the question of his divinity by greeting him as ââ¬Ëson of Ammonââ¬â¢. This is, by Arrianââ¬â¢s wording, what ââ¬Ëhis heart desiredââ¬â¢. This would once again indicate that both he and others around him did truly believe that he was of divine descent. Although Arrian is somewhat sceptical as to whether Alexander truly did crave this answer or if that is just what he said because it is what other people wanted to hear. Plutarch writes that some accounts say that when Alexander entered the temple the priest wished to greet him by saying ââ¬ËO, paidionââ¬â¢ meaningShow MoreRelatedThe Western World Essay1344 Words à |à 6 Pagesemotional struggles. Whereas, Classical architecture focused on dedicating massive structures to the gods to emphasize their divinity, but Hellenistic architecture used advanced technology to exemplify Alexander the Greatââ¬â¢s magnificence. Thus, differences in the architecture can be seen in the sophisticated town of Alexandria with structures such as the lighthouse that show how Alexander the Great influenced town planning that was centralized on the creation of a superior city, likewise, The Altar at PergamonRead MoreThe Between Classical And Classical Period And Hellenistic Period Essay1344 Words à |à 6 Pagesemotional struggles. Whereas, Classical architecture focused on dedicating massive structures to the gods to emphasize their divinity, but Hellenistic a rchitecture used advanced technology to exemplify Alexander the Greatââ¬â¢s magnificence. Thus, differences in architecture can be seen in the sophisticated town of Alexandria with structures such as the lighthouse that show how Alexander the Great influenced town planning that was centralized on the creation of a superior city, likewise, The Altar at PergamonRead MoreAlexander The Great : The Characters Of Alexander The Great1222 Words à |à 5 PagesFrom the beginning of his short-lived life in Pella, the capital of Macedonia, Alexander the Great was immensely affected by the traits of his mother, father, and tutor. Philip II, king of Macedonia and Alexanderââ¬â¢s father, was a man of great strategic ability, and gave Alexander practice in military leadership. This experience and knowledge passed down from his father became useful during his conquest across Europe. Olympias, one of Philip IIââ¬â¢s wives and Alexanderââ¬â¢s mother, had incredibly strongRead MoreAlexand er the Great: Strenghts and Weaknesses as a Person, Statesman and Leader1357 Words à |à 6 Pagescenturies, Alexander the Great has held an eminent place in history. Arguably one of the greatest men the world has ever known, the Macedonian King accomplished many great feats in his short, but glorious life. During his reign, Alexander played several roles in the process of conquering the Persian empire, and in the assessment of his character, aspects of Alexanders capabilities of both strengths and weaknesses must be explored in him as a person, a statesman and a leader. Alexander was a complexRead MoreThe Epistolary Form Of Writing1926 Words à |à 8 Pagesincorrect and a personal attack on his own being rather than input on his actual body of work. These attacks, however, motivate Alexander Pope further, giving him more material to satirise. This reciprocation between writer and writer and writer and critic is often the basis for Pope s poetry, as he draws on the popularity of criticism and novelty to satirise and condescend. Alexander Pope, being one of the most Neo-Classical writers of the time used Horace as a model for his own satire. The ImitationsRead MoreAlexander: The Not So Great1850 Words à |à 8 Pages Alexander the Great is hailed, by most historians, as ââ¬Å"The Great Conquerorâ⬠of the world in the days of ancient Mesopotamia. ââ¬Å"Alexander III of Macedon, better known as Alexander the Great, single-handedly changed the nature of the ancient world in little more than a decade. Alexander was born in Pella, the ancient capital of Macedonia in July 356 BCE. His parents were Philip II of Macedon and his wife Olympias. Philip was assassinated in 336 BCE and Alexander inherited a powerful yet volatile kingdomRead MoreThe Iconography Of The Laurel Wreath1312 Words à |à 6 Pagesbeing a votive offering for the gods, as well as being laid in graves as funerary offerings. During the Hellenistic Period, gold wreaths saw a dramatic increase in production due to the fact that gold was readily available following the conquests of Alexander the Great. This gold wreath served a possibly funerary or religious function, while wreaths with actual flowers and vines were worn by brides, or men during symposiums. Wreaths are a part of various functions, which offer differing narratives aboutRead MoreAlexander the Great Essay13163 Words à |à 53 PagesALEXANDER THE GREAT BY: JOHN J. POPOVIC CATEGORY: HISTORY ââ¬â GREEK HISTORY ALEXANDER THE GREAT Ãâà »Ã µÃ ¾Ã ±Ã ½Ã ´Ã à ¿ÃÆ' à à ·Ã ¹Ã »Ã ¹Ãâ¬Ãâ¬Ã ¿Ã⦠ÃÅ"à ±Ã ºÃ µÃ ´Ã ¿Ã ½Ã ¿Ã ½, Alexander the Invincible, later renamed by the Romans, Alexandros Philippou Makedonon, Alexander III the Great of Macedon (356-323 B.C.) PROJECT by John J. Popovic Alexander accomplished greater deeds than any other ruler before or after him. This project is dedicated to the most charismatic and heroic king of all times. Edition 9.2 SYNOPSIS Introduction AlexandersRead MoreHistory of Conquerors1438 Words à |à 6 Pagesculture of their new ruler and practice it. Unlike most conquerors, Alexander the Great would incorporate his Greek culture with the culture of the land that he conquered. When Alexander went to conquer Egypt in 332 BCE, he made an effort to try to learn and understand the Egyptian culture. By learning the culture, it showed the Alexander respected the Egyptian culture earning the trust from the native Egyptians back. Alexander went to Memphis and Apis which is part of the tradition to become a pharaohRead MoreThe Holy Of The Roman Empire1714 Words à |à 7 Pagescomplexities such as the divinity of Christ in relation to God according to monotheism. Perhaps God had a reason for the work of Arius in the Empire. Until now the church hadnââ¬â¢t resolved an issue of this magnitude and Arius brought it to the main stage. Perhaps Arius was meant to argue for the sake of change within the church according to Godââ¬â¢s ultimate design, saving the dissolution of the Roman Empire. In this paper I will describe the beliefs held by Arius on eternity and the divinity of Jesus, as well
Wednesday, December 11, 2019
Corporate Finance Woolworths Ltd
Question: Discuss about the Corporate Finance for Woolworths Ltd. Answer: Introduction Woolworths Ltd is a prime Australian company publicly listed on the Australian Stock Exchange (ASX) with extensive retail interest throughout New Zealand and Australia. In terms of revenue, it is consider, as the second largest company in Australia after is retail-focused conglomerate Wesfarmers Ltd. In the year 2015, it operates around 3729 stores with a workforce of approximately 197,000 employees in New Zealand and Australia that includes more than 960 supermarkets under the Countdown, Foodtown, Woolworths, and Thomas Dux banners (Woolworths limited, 2015). Core business The core activities of the company comprise of Liquor and Australian Food that also includes procurement of food, petroleum, and liquor products through the brands BWS and Dan Murphy. It has more than 1445 liquor stores and 516 petrol canopies under such brand name. Its New Zealand supermarkets engage in these same activities through 177 countdown supermarkets together with a wholesale functioning that provides additional 60 stores (Woolworths limited 2015). It also operates in General Merchandise that involves procurement of discount general merchandise goods through EziBuy and Big W brands. It also associates itself to hotel businesses and pursues around 330 hotels that involve engagement in providing of hospitality and leisure services inclusive of accommodation facilities, food and alcohol, venue-hiring duties, gaming etc (Long, 2014). Woolworths also operates in home improvement services through its 44 Home Hardware and Timber stores and 58 Masters Stores that include procuremen t of home improvement goods. An estimate of around 395 consumer electronic shops managed by Woolworths Ltd but under the brand names of Tandy and Dicksmith Ltd (Heffernan, 2015). The company also manages the wine market, Langtons, and Cellarmasters.com.au online platforms. In other words, the company pursues online operations for its key trading divisions. Strategic activities Food- Woolworths has been able to invest more than $200 million in 2015 for delivering the price promise made to the customers with internal strategies that depict price parity with Coles. It has further invested an additional 56000 hours per week so that on-shelf and Fresh availability is focused (Beaton, 2015). In order to win the customer experience, an innovative leadership team has been establishing that purposes to implement a customer-led measure (Woolworths limited, 2015). To offer enhanced certainty and transparency for the grocery and food suppliers, Woolworths has made a progress in signing the Australian Food and Grocery Industry Code of Conduct and is the only country to do so (Fuller, 2015). Therefore, the progress regarding its food plans mainly focus on customer-satisfaction. Liquor- In the year 2015, Woolworths has made a progress by consistently developing and gaining market shares across each of its three formats that is The Wine Quarter, BWS and Dan Murphy. The company significantly balances the formats that are The Wine Quarter (Online Direct), BWS (Convenience), and Dan Murphy (Destination) and it has shown developed outcomes. The company through My Dan Murphys, a loyalty program introduced in 2014, effectively engages customers. The company has successfully reinforced the digital platform named as danmurphys.com.au so that it becomes a premier online liquor destination of Australia (Keith, 2012). Petroleum- Woolworths have significantly invested in forecourt developments at more than 326 sites so that customer experience and electronic price boards at around 176 sites can be improved. The company through introduction of various promotional offers has enhanced the sales of merchandise (Jones, 2011). Furthermore, in order to increase the petroleum network profile, the company has opened 14 (net) new petroleum sites and this makes the total ownership of sites to 516. Last but not the least, fuel discounts have been provided to the customers at an additional 11 Woolworths Caltex alliance sites with approximately 103 sites across the country (Woolworths limited, 2015). Chairmans Report In comparison to 2014, Woolworths delivered a 0.1% increase in net profit after tax (NPAT) before significant items of $2.453.3 billion in the year 2015. Moreover, when such significant items are considered, then NPAT decreases by 12.5% to $2146 million in 2015. The company has changed its strategy in 2015 making it more focused towards customers so that long-term shareholder value delivered (Woolworths limited, 2015). Due to variations in Woolworths-Caltex alliance, the net sales declined by 0.2% and it amounted to $60.7 billion. In relation to dividend, the Board has declared a 1.5% increase in dividend per share that amounts to 139 cents. It can be observed from the annual report that financial year 2015 has been very important because various significant variations have been made in the senior management team of the company. The CEO and managing director of the company had given his intention for retiring and in order to find a worthy leader, the company has initiated a global CE O search. Due to such search initiatives, the current Managing Director (Brad Banducci) appointed in February 2015 who was later replaced by Martin Smith, prior general manager of Dan Murphys. Dave Chambers appointed as the director of the companys supermarkets while Pat McEntee appointed as Active Managing Director of New Zealands progressive enterprises. The managing director of Big W (Alistair McGeorge) also left the company and a new one (Penny Winn) was appointed. Even Winn has plans to leave the company by the end of 2015 in order to obtain a non-executive career. Woolworths is facing issues in order to find the managing director for Big W and director of Group Retail Services. Hence, financial year 2015 was a memorable year for Woolworths as various significant changes took place in the year. Although such challenges took place in 2015, yet the employees of the company work very hard so that the customers can be properly served and proper satisfaction of customers will thereb y facilitate in long-term growth and sustainable development (Woolworths limited, 2015). Managing Directors Report It is observable through the managing directors report of Woolworths that despite obtaining a slight increased profit in the year 2015 in comparison to the last year, the company failed to deliver an effective growth that was very shocking and disappointing. Woolworths continues to stay focused for the maximization of their shareholders value and this is the reason they have provided an increased dividend to them. The company has leading positions in the market and hence it provides an era of competition so that new challenges can be encountering (Keith, 2012). It can be observed that the company has been able to tackle such challenges as in Australian Liquor and Food, Woolworths is approximately 30% greater than their nearest competitors are. However, the market environment has changed drastically with due to passage of time because of enhanced competition and relevant shifts in the behavior of customers and therefore adopting old strategies will not be enough to meet the demands of the customers (Woolworths limited, 2015). In fact, Woolworths is trying to make new changes and it is consistently evolving so that new and innovative ways can be found to delight the customers. Woolworths also focuses on its online digital platform that serves more than 29 million customers each week to develop their share of wallet and enhance the experience of customers as a whole. Effective steps like investment of around $200 million for lowering the prices are done in Australian markets. Further, addition of new ranges and changing the format of stores, clearing of more than 80% of non-productive inventory and increasing the online availability of products to more than 28000 so that the reset of Big W can be accelerated. Acceleration of the lean retail model of Woolworths to be capable in competing in the new environment, maintaining of disciplined capital allocation and portfolio management. This will maximize the long-term shareholder value of the company and are being init iated by the company based on the challenges, as these are very crucial for identification of growth potential (Woolworths limited 2015). Corporate Responsibility Report Both globally and domestically, Woolworths is quietly earning recognition and respect for the depth and integrity of its corporate responsibility programs. Even in the year 2013 and 2014, Woolworths Ltd identified as an international leader of food and staple retailing sector in DJSI (Dow Jones Sustainability Indices). From the corporate sustainability report of Woolworths for the year 2015, it can be observed that the company had three prime focuses that is people, planet, and prosperity. People- Woolworths value diversity and purposes to establish an inclusive and vibrant workplace so that their employees can be valued at work irrespective of their age, gender, disability, ethnicity, gender identity etc. In relation to training, Woolworths offers significant opportunities for their employees to establish a career (Woolworths limited, 2015). A combination of learning opportunities used by the company that includes on-the job training, coaching and mentoring etc. In order to establish a safe business, Destination Zero made the companys vision for safety and health. Furthermore, the LTIFR in 2015 reported at 10.51 that are significantly lesser in comparison to 2014. Even during the year, around 1200 sites did not report of any LTIFR. Planet- In order to minimize carbon emissions, Woolworths adopted strategies like redesigning of customer-facing refrigerator cases, use of low greenhouse emitting refrigerants etc. With such policies, an anticipated reduction of more than one million tones delivered. These policies have also saved millions of expenditures for the company that can be reinvested for additional technologies in future (Graham Smart, 2012). For packaging, the review of more than 3000 brand products has been done by the company so that all products safeguarded from the supply chain to the customers. Woolworths also manages waste by increasing recycling rates. Prosperity- In 2015, more than 43000 people joined Woolworths business and due importance is provided to its suppliers by balancing customer value with a fair return for them. As per 2015 advantage report, the aggregate performance of Woolworths stands at sixth position out of 17 rated retailers. Better conditions for the workers are also established through ethical sourcing policy of the company that pursues a compliance audit program especially for the factories creating own brand products of the company (Woolworths limited, 2015). Initiatives taken by the company to invest in charitable organizations and community programs. The pre-tax contributions of the company stands at 0.7% in 2015 and it aims to offer at least 1% of pre-tax profits to the communities (Long, 2014). Key Financial ratio Ratio Formula Woolsworth Limited-2015 Woolsworth Limited-2014 PROFITABILITY RATIO Return on Assets Ratio Net Income 2137.4 = 0.084 8.4% 2458.4 = 0.102 10.2% Total Assets 25336.8 24136.5 Net Profit Margin Ratio Net Income 2137.4 = 0.035 3.5% 2458.4 = 0.040 4% Sales 60679.1 60772.8 LIQUIDITY RATIO Current Ratio Current Assets 7660.9 = 0.836 7106.1 = 0.949 Current Liabilities 9168.6 7489.5 Quick Ratio Quick Assets* 7660.9-4872.2-9.9 = 0.303 7106.1-4693.2-13.2 = 0.320 Current Liabilities 9168.6 7489.5 CAPITAL STRUCTURE Debt to Equity ratio Total Liabilities 14204.8 = 0.561 13611.1 = 0.564 Total Assets 25336.8 24136.5 Equity Ratio Total Equity 11132 = 0.439 10525.4 = 0.436 Total Assets 25336.8 24136.5 Quick assets is taken as current assets- stock prepaid expenses From the above analysis it can be seen that the decline in sales for Woolworths is negligible that is not an area to worry because the operations of the company vary in different years. A similar trend portrayed by the net income of the company, as well as the balance sheet of the company. However, the current assets have shown movement and this can be attributed due to an increment in the current assets of the company. Further the increment in the non-current assets projects that the tangible assets increased stressing on the long-term progress of the company. A vital increment is seen from $17030.4million to $17675.9million. Further, a sharp movement is witness from non-current to current liabilities and it is solely due to increment in the borrowings of short-term scenario and decline in the borrowings pertaining to the long-term (Parrino et. al, 2012). Profitability ratio Return on total assets this ratio indicates the manner in which the assets of the company are use for generating returns. However, the ratio is showing that thee assets were not used in an effective manner and therefore, the management needs to pay attention on it. Net profit margin the net profit margin of the company declined in 2015 and as said, the sales fluctuate every year thereby leading to a drop in the net profit margin. Immense competition from competitor like Wesfarmer and external scenario led to a fall in sales and this affected the net profit ratio (Libby et. al, 2011). Liquidity ratios Liquidity ratio projects the skill of the company in meeting the obligations of the company. The base ratio of current ratio is 2:1 while for the decisive test ratio is 1:1 and a ratio near to it, projects the strong performance of the company in terms of liquidity (Davies Crawford, 2012). Both the ratios has drop and is low that shows there is a liquidity crunch. The management needs to take a proper step to ensure that it is eliminate at the earliest. Capital Structure The capital structure off the company shows that the debt equity surpasses .50 indicating higher proportion of dent while the equity ratio is lower proving that the company has used more of debt as compared to equity (Fields, 2011). It must strive to attain a balanced level of equity and debt. Market performance Ratio Formula Woolsworth Limited-2015 Earnings per Share Profit available for ESH 2146 = Wght No. Of shares 1256.6 Dividend per Share Dividend paid 912 = No. Of shares 1259.8 The market performance is project by EPS and DPS. The above table shows that it has paid dividend and the EPS is good. This projects that as per market performance the company is operating smoothly (Choi Meek, 2011). Value creation The value creation process of Woolworths is done by focusing on strategies that are priorities. The customer value perception determines how a business operates and maintains its status. Low prices, strong supply management, strong resources, partnership, and a strong alliance determine the value creation formula of Woolworths (Sheldon, 2013). The key resource and key process helps the business to flourish. The key process includes regular improvement, promotional activities, initiatives of value chain etc. Product development and enhancement is been the major step when it comes to value creation (Brealey et. al, 2011). Therefore, the company has provided strong performance and never ignored the customers. Through customer satisfaction, it has created a strong market. Conclusion From the overall analysis, it can be said that the performance of Woolworths has been affected by the external circumstances and cutthroat competition. The liquidity position of the company is under trouble and is one of the major areas that need a strong evaluation of the management and rectification at the earliest (Libby et. al, 2011). However, there is a drop in the major ratio that does not go in good favour of the company. Therefore, at the current point of time, it is not feasible to invest in Woolworths as it is facing acute problem. It needs to structure the entire balance sheet by putting up a strong performance. References Beaton, WC. (2015). Harper Review: a mixed basket for Coles and Woolworths. Retrieved September 12, 2016, https://theconversation.com/harper-review-a-mixed-basket-for-coles-and-woolworths-39640. Brealey, R, Myers, S. Allen, F. (2014). Principles of corporate finance. New York: McGraw-Hill/Irwin. Choi, R.D. Meek, G.K. (2011). International accounting. Pearson. Davies, T. Crawford, I. (2012). Financial accounting. Harlow, England: Pearson. Fields, E. (2011). The essentials of finance and accounting for nonfinancial managers, New York: American Management Association. Fuller, D.S. (2015). Consensus among Economists Reviited. Journal of Economic Education , 369-387. Graham, J. Smart, S. (2012). Introduction to corporate finance. Australia: South-Western Cengage Learning. Heffernan, M. (2015). Pay deals imminent for supermarket giants Coles and Woolworths. Retrieved September 12 2016 https://www.smh.com.au/business/retail/pay-deals-imminent-for-supermarket-giants-coles-and-woolworths-20150427-1mu42b.html. Jones, E. (2011). Coles and Woolworths duopoly hard to swallow. Retrieved September 12 2016 https://theconversation.com/coles-and-woolworths-duopoly-hard-to-swallow-533 Keith, S. (2012). Coles, Woolworths, And The Local. Macquarie University. Long, W. (2014). Farmers slugged for Woolworths Jamie Oliver campaign. Retrieved September 12 2016, https://www.abc.net.au/news/2014-06-06/nrn-ausveg-vs-woolworths/5505808 Libby, R., Libby, P. Short, D. (2011) Financial accounting. New York: McGraw-Hill/Irwin. Parrino, R., Kidwell, D. Bates, T. (2012). Fundamentals of corporate finance. Hoboken, NJ: Wiley Sheldon, T. (2013). The Supply Chain stops with the big retailers. Retrieved September 12 2016, https://workinglife.org.au/2013/07/10/the-supply-chain-buck-stops-with-the-big-retailers/ Woolworths limited 2015, Woolworths limited Annual Report and accounts 2013, viewed 13 September 2016, https://www.woolworthslimited.com.au/icms_docs/182381_Annual_Report_2015.pdf.
Wednesday, December 4, 2019
Love, Power, and Romeo and Juliet free essay sample
The play Romeo and Juliet is a classic tale of friendship, love, betrayal, comedy, tragedy, and death. I t was written by William Shakespeare in and is considered one of his greatest tragedies. It has many different renditions and has been translated into many different languages. In the play ââ¬Å"Romeo and Julietâ⬠two young ambitious lovers put themselves in situations that would inevitably lead to their deaths. Was Romeo to blame or perhaps Juliet? Maybe the blame can be put on true love that would lead them to do certain things that were forbidden during those times. In the relationship between Romeo and Juliet many questions are formed within my mind such as who had more power in the relationship between Romeo and Juliet, was it Romeo, was it Juliet, or was it the Love between them. Perhaps gender played a role in who had more power in the relationship. In this paper I intend on exploring the answers to these questions that are lingering in my mind. We will write a custom essay sample on Love, Power, and Romeo and Juliet or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Throughout the play Juliet increasingly showed her power over Romeo, even though in those days, it was customary for men to show their power and dominance over women, this was not the case in this play. This could have been because William Shakespeare was married and had daughters. The first instance that Juliet shows her indirect power over Romeo was the very moment Romeo laid his eyes upon her. In scene one, act five Romeo says to a servingman, ââ¬Å"What ladies that which doth enrich the hand of yonder knightâ⬠, ââ¬Å"Oh she doth teach the torch to burn bright! It seems she hangs upon the check of night as a rich jewel in an Ethiopââ¬â¢s ear beauty too rich for us, for earth to dear! â⬠This show power because earlier that day Romeo was mopping around crying about another young lady named Rosaline. When he saw Juliet he completely forgot who Rosaline even was and went out of his way to talk to Juliet even though she was part of the family that his family was in a feud with. Power was also exhibited by Juliet because Romeo was so infatuated with her that he stood outside her window and talked about her like she was the sun in the sky herself even though he could have been killed for it. Another exhibit of power was when Marcutio and Tybalt fought and the end result was Marcutio being killed by Tybalt and Romeo killing Tybalt and then being banished from Verona by the king. All his happened because of the love between Romeo and Juliet. Another instance of Julietââ¬â¢s power was when she unintentionally got the Prince and Romeo to fight to the death over her, even though she was not really dead. The result of this battle, ended in the Princeââ¬â¢s death. The next instance of Julietââ¬â¢s power was at the end of the play when Romeo was so incredibly distraught over his lov ersââ¬â¢ alleged demise that he purchased a vial of poison brewed by an apothecary to kill himself. After Romeo Kills Paris he lies down next to his beautiful Juliet and consumes the vial of poison so he can be with his lover once again. In the tragedy of Romeo and Juliet, Romeo also exhibits power. In the balcony scene between the two star- crossed lovers when the famous Romeo, Romeo where forth art thou Romeo speech Romeo tells Juliet that he wants to be with him. They both know that their love is forbidden, but Romeo convinces Juliet that they should run away out of Verona to get married and make beautiful love children. This shows power because they could have been banished or even killed because they could have caused the families to go to war and the kind already declared if they fought again they could been punished with death. Romeo also show his power when in the end of the play Romeo see Juliet dead and drink the poison to kill himself, Juliet awakes to see her lover dead his power over her was so strong that she tried to kiss his lips in hopes of getting the poison into her system so she could be with her lover. When they plan failed she took Romeoââ¬â¢s dagger and plunged it into her own heart killing herself instantly. If that is power over someone I donââ¬â¢t know what is. The last Object that could have been seen as having power over the relationship between Romeo and Juliet was the Friar. He was somewhat of a corky guy who brewed up remedies and was a good friend of Romeo and Juliet. He tried his best throughout the play to get the two lovers together and we all know how that turned out. The first instance of the friar showing his power over Romeo and Julietââ¬â¢s relationship was when the two came to him for advice he came up with a plan to get the both out of the city and marry the two. Juliet was supposed to take a potion that the friar had concocted which was to make her seem if she had died but she would merely be a sleep. The family would bury her and she would wake up several hours later and meet up with her lover. He writes to Romeo to let him know what the plan is but the letter never makes it to Romeo so he doesnââ¬â¢t know Juliet isnââ¬â¢t really dead. Then all the bad stuff happens and everyone dies. So yes the friar did have some sort of power over the relationship between Romeo and Juliet but it wasnââ¬â¢t good power at all. In conclusion Love will make you do some stupid things. Love is very powerful whether experienced by a man or woman, it can make you do some strange things. The story was a good one and Power over people can definitely be a bad thing, as you can see in Romeo and Juliet.
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