Monday, May 25, 2020

The Development Of Africa s Postcolonial Development

Main Body Africa is made up of 54 nations and is today the least developed region of the Third World, this despite its immense possessions of for example minerals and natural resources. The majority of Africans, particularly in the Sub-Saharan parts, lack the most basic needs and as a result falls to the bottom of list of growth income per capita (UNDP, 2007). The Sub-Saharan in addition inhabits 13 percent of the earth’s residents and in addition accounts for 25 percent of the malnourished group in the developing world (FAO, 2006). The data found on Africa’s postcolonial development is abysmal, not only has the developmental fruition been austere but it has drastically fallen behind other Third World countries. An illustration of this is revealed in 1997, when the GPD per capita for Africa was the trivial sum of $560, compared to $4,230 in Latin America. Between 1986 and 1993 Africa’s real GNP per capita declined by 0.7 percent, at the same time as it inflated by an avera ge of 2.7 percent in the rest of the Third World. When going back to the pre independence period it can be affirmed that Africa is worse off now than it was before. Real income per capita has descended by 14.6 percent and the reality is that only half of the debts have been paid off, whilst the rest of the restitution is constantly being rescheduled. The majority of Africa’s overseas arrears (which measures up to approximately 80 percent) is owned by Western authorities and monetary establishments, thisShow MoreRelatedPost Colonial Afric State Building And Economic Modernization1596 Words   |  7 PagesPost Colonial Africa: State-Building and Economic Modernization The professor Ali Mazrui, imaginatively titled one of his journal articles â€Å" Africa Between the Baobab Tree and the Owl of Minerva: A Post Colonial Narrative of Memory and Learning†. The choice that Mazrui made in this title is particularly interesting; by juxtaposing two symbols, that are respectively associated with African and European cultures, he acknowledges the profound impact that Europe has left after colonization. It is trueRead MoreRepresentation Of Class And Class Struggle1166 Words   |  5 Pagesthe articulation of race in the historical development and Capitalism. Thus they assert that the past, and present practices and histories of other races, cultures’ and cultures practices thwart the totalizing attempt of the earlier theorist like Gramsci and Bourdieu. Chakrabarty and Hall argue that other societies local as well as cultural practices [Chakrabarty], as well as the articulation of race [Hall], play an intricate part in historical development as they integrate theories of non-white, femaleRead MoreAdditionally, In His Book â€Å"Distinction,† Bourdieu Discusses1321 Words   |  6 Pagesarticulation of race in the historical development and Capitalism. Thus they assert that the past and present practices and histories of other races, cultures’ and religions practices thwart the totalizing attempt of the earlier theorist like Gramsci and Bourdieu. Chakrabarty and Hall argue that other societies local as well as cultural practices [Chakrabarty], as well as the articulation of race [Hall], play an intricate part in the historical development. As they integrate theories of non-whiteRead MoreEuropean Colonialism: Civilizations Ruined1491 Words   |  6 Pagesadvancement of the satellite state up to the citizens themselves (Louis). European colonization seems fine while the mother country is providing for the satellite states. Once the host country leaves is where we see the true effects of their development. This study will focus on the more recent history of the developing nations that were once colonies of European nations. There are a few countries in the world that have been colonies at one point in their history and gone on to be developed nationsRead More The Lie of Imperialism Exposed in Literature Essay3048 Words   |  13 Pages If postcolonial literature is the â€Å"process of dialogue and necessary correction,† of misconceptions concerning colonialism, then a comparative study of colonial and postcolonial works is essential for attaining a full understanding of the far-reaching effects of European imperialism (Groden and Kreiswirth 582). Reading colonial literature in dialogue with postcolonial literature engenders a more complete interpretation of the effects of imperialism by creating a point of referenceRead MoreAnalysis Of Wangari Was A Kenyan Political Activist And Her Country s Assistant Minister Of Environment, Natural Resources And855 Words   |  4 Pagesand her country s assistant minister of environment, natural resources and wildlife. In 1971, Wangari Maathai became the first woman in either East or Central Africa to earn a doctorate. She later was elected to Kenya s National Assembly in the country’s first free election in 2002, and has written several books and sc holarly articles. She is a winner of the Nobel Peace Prize for her holistic approach to sustainable development that embraces democracy, human rights, and women s rights in particularRead More Outside the Teaching Machine by Gayatri Spivak2753 Words   |  11 Pagesknown as postcolonial studies. In the book, Said charts the Western world’s construction(s) of â€Å"an inferior East† by underscoring how the authorizing/ authoritative â€Å"Occident† continues to produce an objectified and negatively stereotyped â€Å"Orient;† Drawing on Foucault’s concept of â€Å"discourse† and Gramsci’s notion of â€Å"hegemony,† Said traces the evolution of European power/ knowledge paradigms and their Western epistemologies—which he collectively calls â€Å"Orientalism.† (cite) Postcolonial Studies drawsRead MoreAfric An Influential Countries Of The Modern World1594 Words   |  7 PagesAfrica has transitioned from being dis mantled, torn to pieces, and ruled by many european countries to now being its own and unique continent. The continent itself might not be thriving the way some would like it to, but it has made great strides since the colonial period for its independence. Due to the effort of its hard working people and its relentless determination to prosper, Africa has become one of the most influential countries of the modern world. Overcoming obstacles of slavery of itsRead MoreInequality Is The Inevitable Outcome Of Capitalism Essay970 Words   |  4 Pagesthe populations and saw them as â€Å"the others,† just commodities to be used and traded (Engerman and Sokoloff, 1997, pg. 39). The notion of providing social provisioning was not a prominent agenda. Engerman, S. L., Sokoloff, K. L. (2005). Colonialism, inequality, and long-run paths of development (No. w11057). National Bureau of Economic Research. Engerman and Sokoloff examine the legacy of colonialism in Latin America. They argue that experiences of colonialism in North America differ from that ofRead MoreYeelen Study Guide Essay example2356 Words   |  10 Pagessignificant difference/s between Out of Africa and Yeelen, especially in the cinematic representations of the Africa? (5 points) A major difference between both films is the cinematic representation of the African people. In Out of Africa, African people were represented in a way that they were lesser beings to the white people and solely existed in this film to serve the white people in the film. In a way, Africans in this movie were foreigners in their own homeland. Out of Africa did not represent

Tuesday, May 19, 2020

Swarthmore College Acceptance Rate, SAT/ACT Scores

Swarthmore College is a private liberal arts college with an acceptance rate of 9.5%. To apply, students can use the  Common Application, the Coalition Application, or the Questbridge Application. Swarthmore has an Early Decision program that can improve admission chances for students who are sure the college is their top choice school. A registered national arboretum, Swarthmore’s 399-acre campus is located just 11 miles from downtown Philadelphia. Students have the opportunity to take classes at neighboring  Bryn Mawr,  Haverford, and the  University of Pennsylvania. The college can boast of an impressive 8-to-1  student/faculty ratio  and a chapter of the prestigious  Phi Beta Kappa  Honor Society. Swarthmore consistently ranks near top of U.S. liberal arts colleges. In athletics, the Swarthmore Garnet compete in the NCAA Division III  Centennial Conference. The college fields nine mens and eleven womens varsity sports. Considering applying to this highly selective school? Here are the Swarthmore College admissions statistics you should know. Acceptance Rate During the 2017-18 admissions cycle, Swarthmore College had an acceptance rate of 9.5%. This means that for every 100 students who applied, 9 students were admitted, making Swarthmores admissions process highly competitive. Admissions Statistics (2017-18) Number of Applicants 10,749 Percent Admitted 9.5% Percent Admitted Who Enrolled (Yield) 41% SAT Scores and Requirements Swarthmore requires that all applicants submit either SAT or ACT scores. During the 2017-18 admissions cycle, 62% of admitted students submitted SAT scores. SAT Range (Admitted Students) Section 25th Percentile 75th Percentile ERW 680 760 Math 700 790 ERW=Evidence-Based Reading and Writing This admissions data tells us that most of Swarthmores admitted students fall within the top 20% nationally on the SAT. For the evidence-based reading and writing section, 50% of students admitted to Swarthmore scored between 680 and 760, while 25% scored below 680 and 25% scored above 760. On the math section, 50% of admitted students scored between 700 and 790, while 25% scored below 700 and 25% scored above 790. Applicants with a composite SAT score of 1550 or higher will have particularly competitive chances at Swarthmore. Requirements Swarthmore does not require the SAT writing section. Note that Swarthmore participates in the scorechoice program, which means that the admissions office will consider your highest score from each individual section across all SAT test dates. SAT Subject tests are not required, but Swarthmore will consider your scores if you submit them. Applicants interested in engineering are encouraged to submit SAT Math 2 Subject test scores. ACT Scores and Requirements Swarthmore requires that all applicants submit either SAT or ACT scores. During the 2017-18 admissions cycle, 43% of admitted students submitted ACT scores. ACT Range (Admitted Students) Section 25th Percentile 75th Percentile English 33 35 Math 29 34 Composite 31 34 This admissions data tells us that most of Swarthmores admitted students fall within the top 5% nationally on the ACT. The middle 50% of students admitted to Swarthmore received a composite ACT score between 31 and 34, while 25% scored above 34 and 25% scored below 31. Requirements Swarthmore College does not require the ACT writing section. Unlike many schools, Swarthmore superscores ACT results; your highest subscores from multiple ACT sittings will be considered. GPA Swarthmore College does not provide data about admitted students high school GPAs. Self-Reported GPA/SAT/ACT Graph Swarthmore College Applicants Self-Reported GPA/SAT/ACT Graph. Data courtesy of Cappex. The admissions data in the graph is self-reported by applicants to Swarthmore College. GPAs are unweighted. Find out how you compare to accepted students, see the real-time graph, and calculate your chances of getting in  with a free Cappex account. Admissions Chances With an acceptance rate of just over 9%, Swarthmore College is  one of the countrys  most selective colleges. However, Swarthmore has a  holistic admissions  process involving other factors beyond your grades and test scores. A strong  application essay  and glowing  letters of recommendation  can strengthen your application, as can participation in meaningful  extracurricular activities  and a  rigorous course schedule. All applicants will also need to write a supplemental  short answer essay  explaining their reasons for wanting to attend Swarthmore. An interview with an admissions officer is not required but is recommended, as is a campus visit and tour. Students with particularly compelling stories or achievements can still receive serious consideration even if their test scores are outside Swarthmores average range. If youre applying to Swarthmore College, you should  consider the school a reach  even if you have exceptional grades and standardized test scores. The graph above illustrates why. Many students with unweighted A averages and extremely high standardized test scores were still rejected by Swarthmore. All admissions data has been sourced from the National Center for Education Statistics and Swarthmore Colleges Undergraduate Admissions Office.

Thursday, May 14, 2020

The War Agaisnt Heart Failure - Free Essay Example

Sample details Pages: 4 Words: 1104 Downloads: 5 Date added: 2019/03/18 Category Analytics Essay Level High school Tags: Failure Essay Did you like this example? The human body is an amazing creation, probably one of the most amazing yet fragile natural machines in the world. Within this incredible machine, lays two core components that make everything else function, the heart and brain. The heart pumps gallons of blood throughout the body nonstop until death, in order for it to functions, while the brain tells what parts of the body to do what, while processing any given information or sensation. Don’t waste time! Our writers will create an original "The War Agaisnt Heart Failure" essay for you Create order Both capable of amazing feats, and yet both extremely fragile and would cause serious life impediments if either were damaged. In this research paper, I will be focusing on the heart, the motor of the human body, and heart disease. The most well known cause for heart disease would be atherosclerosis. Atherosclerosis is when fat, joined by bad cholesterol not carried away by good cholesterol, causes build up in the arteries known as plaque, and causes the artery to become weak and less flexible, and can prevent blood and oxygen from flowing. Besides, genetics play a large role in heart disease. A persons genetic makeup can help determine how well their body break down fat, their metabolism, how their body produces its own cholesterol, and how well it handles cholesterol. Moreover, the diet of a person can help determine their risk of heart disease. Diets high in trans fat, cereal grains, paired with lack of fruits, vegetables, protein, antioxidants, calcium, fiber, and complex carbohydrates affect how well the body breaks down incoming materials eventually going into the bloodstream forming plaque clots or continually flowing through. Smoking and drinking which also damages the body can also play a role in heart disease; smoking also builds up plaque in the arteries but also damages blood vessels. Alcohol can also have a negative effect on heart health. Consuming alcohol in large amounts can increase the amount of fat (triglycerides) in the blood. Drugs also can play a role in heart disease. Illegal recreational drugs can damage blood vessels by leaving toxins in it; can cause abnormal heart beats and rhythms, and can even cause lung failure. Cocaine has a large array of heart damages. Cocaine can cause chest pain, heart attack, heart failure, stroke, aortic dissection, abnormal heart rhythms, heart inflammation and enlargement, and blood clots. Unfortunately, gender plays a role in heart disease risk too. Studies show that men are more at risk for heart disease than are women. This is because men are shown to eat more unhealthy foods and have higher stress levels with less social stress relief, which also lead to unhealthier coping habits such as drinking or smoking. Most women do not have the burden of financial maker, and tend to have a higher level of social support to dea l with stressful events. Stress does play an indirect role in heart health; stress can cause certain unhealthy habits such as unhealthy eating, drinking, drugs, and smoking. Improving ones own personal life can definitely lower the risk of heart disease. Avoiding stress or taking breaks that would improve stress levels would help reduce the chance of someone becoming overstressed and going into an outbreak of unhealthy habits that would harm their hearts. Having a healthy diet high in fruits, vegetables, healthy grains, and protein, avoiding food with high saturated fats and such, could help keep blood vessels healthy, prevent blood clots, and allow better blood flow. Exercise is a great way to keep a strong and healthy heart. With a lot of exercise, a person can build up their hearts strength, which allows it to pump blood throughout the body easier and also pushes through and clears plaque buildup as opposed to hearts with weaker hearts. Avoiding the use of smoking devices can avoid the problem of smoke damaging blood cells and plaque buildup from smoke. Limiting the amount of alcohol consumption helps lower the risk of a rise of fat (triglycerides) in the blood. Avoiding the use of illegal recreational drugs, especially cocaine, avoids many of the risks of intoxicated blood vessels, abnormal heart beats and rhythms, lung failure, chest pain, heart attack, heart failure, stroke, aortic dissection, abnormal heart rhythms, heart inflammation and enlargement, and blood clots. While we may be able to prevent heart disease by maintaining healthy life styles, there are times where heart disease is unavoidable thanks to genetics and other uncontrollable factors. This is the point where surgeries or medications come into play. There are certain medications that are used, by doctors recommendation and prescription, to help combat heart disease. Those with cardiovascular diseases and lifestyle change does not seem to be enough, a doctor could recommend medication that lowers blood pressure such as beta blockers, blood thinning medication such as aspirin, and cholesterol lowering medications. Those with irregular heartbeats could be recommended by doctors not only to use heart rate slowing or raising medication, but also maybe certain exercises that would help regulate heart rate such as straining while holding their breath, dunking their face in cold water, and coughing. Those born with heart defects can take medication that would help gradually improve the effi ciency of their heart as they get older. Those with heart muscle deterioration could take medication that improve the hearts pumping, or medications that make it easier on the heart to pump blood with less strain such as beta blockers. Those with valvular heart diseases would take medication similar to those with cardiovascular disease, medications that lower cholesterol; thin the blood, with an addition of medications that open blood vessels. There are several different medical procedures people can take in order to prevent and fight heart diseases. During a coronary angiogram, a doctor places a tube in an artery near the heart and puts a dye in the blood, which x-rays detect and show where passages are becoming too narrow. During an angioplasty, a doctor places a tube into an artery and inflates it, so that the artery is expanded, allowing regulation of blood flow and clearing of the passage, also decreasing the chance of another clot. Cardiac Resynchronization Therapy is the inserting of a pace maker into someones heart in order to regulate their heartbeat that may be out of rhythm. Carotid Artery Surgery is when a doctor opens an artery and removes blockage to improve blood flow. Coronary Bypass is when a doctor surgically removes an artery from a part of your body and moves it to your heart in order to give a new passage for blood to flow to it. Valve Surgery is when a weakened, damaged, or diseased heart valve is rep aired, or replaced in order to regulate blood flow during heart contractions.

Wednesday, May 6, 2020

Prosperos Manipulation In The Tempest Analysis - 1447 Words

The map is focusing on Prospero’s manipulation of the other characters on the island, and the differing effects on them, through the use of magic/power. The purpose of the manipulation was so that Prospero could act as the author of his own life; he wanted to pursue his vengeance against the betrayal done to him by Alonso, his brother, and other characters in the play. He is creating his own story with the help of Ariel (a magical spirit) as an extended effort of manipulation in order to appear the victim. Prospero’s initial step was to divide and conquer, in which he separated all the characters on the island into three different groups. The use of the strategy of divide and conquer was all part of a plan devised solely to benefit†¦show more content†¦Prospero created three groups: (1) Alonso, Gonzalo, Sebastian, and Antonio, (2) Caliban, Stephano, Trinculo, (3) Ferdinand and Miranda; Prospero created an interconnectedness between these groups and himself with the use of the Ariel. Prospero is telling Ariel to do all of his bidding which is why Ariel is in the middle of the island, spreading his magic in all directions to the other characters. There is a link between Ariel and Prospero because that is a line of communication and also a transfer of power in which Ariel could use magic to manipulate everyone to Prospero’s liking. The link is shown as a tree between the two characters because it represents how even though Prospero freed Ariel from the tree Sycorax bounded Ariel, Ariel is now in turn bound to Prospero until he chooses to release the spirit. On the map, one of the groups that Ariel is connected to is Alonso and his three companions. Prospero played with the king’s emotions by convincing him and the others that Ferdinand had died. Prospero wanted Alonso to feel grief and pain, but Gonzalo being such a loyal subject felt the same loss as his king. The remaining members of the group, Sebastian and Antonio, took adv antage of their king feeling depressed and tried to obtain even more power for themselves by plotting to kill Alonso and Gonzalo. The effects of the magic on Alonso was that it made him reflect and asked Prospero to â€Å"pardon me my wrongs†,Show MoreRelatedEssay on Isolation of the Individual in Society in The Tempest1458 Words   |  6 PagesIndividual in Society in The Tempest In William Shakespeares play, The Tempest, characters such as Caliban, Prospero, Miranda and Ferdinand, experience varying degrees of consequences, due to their change in behaviour, while isolated from society. Although isolation from society affects the characters in different ways, some see it as being advantageous while others see it as being a curse. This essay will show how characters in The Tempest suffer consequences dueRead MoreExamples of Shakepearian Revenge Tragedey in Othello and tragic Comedy in The Tempest1681 Words   |  7 Pagesis The Tempest. One of the most prominently occurring and important aspects of human nature that appears in Shakespeare’s work is the concept of revenge. In most of the tragic plays of Shakespeare, the avenger has his thoughts of committing revenge and towards the end causes his own downfall and also death and destruction of several other good and supporting characters. The main focus of this essay is to show how Revenge leads to Destruction in Shakespearean plays – Othello and The Tempest. The mainRead More Defending Prospero in Shakespeares The Tempest Essay1771 Words   |  8 PagesDefending Prospero in The Tempest      Ã‚   In William Shakespeares The Tempest, the character of Prospero brings about a great deal of debate. Modern literary critics are quick to use him as a poster child for English colonial practice in the sixteenth and seventeenth century. Many see him as person who desires complete control of everything around him from the fish-like monster Caliban to his spirit servant Ariel, even his own daughter Miranda. Others believe that Prosperos sole motive is revengeRead More A Comparison of God and Satan in Paradise Lost Essay1571 Words   |  7 Pagesby Caliban communicates to the audience that not is all that it seems on Prosperos island and I feel this highlights the same notion within Satans language. Calibans use of speech in much of The Tempest is rather eloquent. However along with the softness of his discourse with Eve there remains a sense of power and greed that needs to be discussed.   He is not only be seductive in his language but retains the manipulation of someone tha t knows what he wants, and is not afraid of being underhand

Japan s Contemporary Health Care System - 960 Words

After the reconstruction in Japan social economic down fall in the post of WW II, the Japanese made a remarkable spring forth in becoming the world leading in life expectancy and egalitarian society. Given the life expectancy prior to 1946 for men and women respectively 42.8: 44.3 to 51.1 years (Bezruchka, Namekata, and Sistrom, 2008, p. 4), compared to present age of 79.6: 86.4 years for men and women respectively (WHO, 2010). The Japanese contemporary health benefit is due to the distribution of power and economic equality forced by democratic centralized government in unifying the nations (Bezruchka, et al., 2008, p. 589). NEED ONE MORE SENTENCE Then, summarize one significant political feature and one legal feature of Japan’s contemporary health care system that contributes to Japan’s population health status. One political feature that has change the course of the Japanese public health system in disturbing wealth and power to an egalitarian society was proposed by General Douglas MacArthur whom distinguish the 3 D’s as being demilitarization, democratization, and decentralization. His concept was motivated by â€Å" recognizing the importance of the country’s citizens regaining self-respect. Removing the traces of Japan’s feudal structure, developing an economic foundation based on social justice, instituting land reform policies, and giving voice to women and labor unions were largely accomplished through the establishment of a new constitution and attendantShow MoreRelatedEssay about C489 Task 31176 Words   |  5 PagesC489 Organizational Systems and Quality Leadership Task 3 Jennifer Gentry Western Governors University A1. Country to compare and A2. Access The country I chose to compare with the United States healthcare system is Japan. Access to healthcare in Japan is fairly easy. Every individual, including the unemployed, children and retirees, is covered by signing up for a health insurance policy. They can obtain insurance either through their work or through a community based insurance. For thoseRead MoreAsian Dietary Cultures That Have Developed Through The Centuries789 Words   |  4 Pagesscientist and often geeks. The man are made less manly and asian women are often portrayed as exotic and submissive. The media even try to portray asian parents as very strict and won t accept nothing but perfection. In America there are many contemporary issues that plague them such as, being excluded from executive positions in the workplace or passes over for promotions because of negative stereotypes.There is also a myth that causes them to be emulated due to the media always showing them asRead MoreTheory Of Caring And Nursing Practice1285 Words   |  6 Pagessomething no one should encounter, let alone an innocent child. In Japan however, this is a regular occurrence and because of an inability to find a solution to these problems, nurses lost both their confidence and passion in pediatric and family care and sought other specialties. Only until change to the system was realized as a necessity was a study created to determine if the method of caring would help and change the current system for the best. This study sought to answer the questions, what isRead MoreCompensation Practices During The United States And Japan1161 Words   |  5 Pagesmanagement† (Bohlander, Snell, Morr is, 2016). For many years there has been a debate on the wages CEO’s in Japan versus those in the United States. It has been reported that CEO’s in Japan make one-sixth of the income of a CEO’s in the United States (Jilani, 2011). This research paper will examine the similarities and differences of compensation practices utilized in the United States and Japan. In order to truly examine the similarities’ and differences of compensation practices, the following aspectsRead MoreGreatbrit vs Us1238 Words   |  5 Pages1. Identify one country from the following list whose healthcare system you will compare to the U.S. healthcare system: Great Britain, Japan, Germany, or Switzerland. Great Britain and American Health Care Compared 2.   Compare access between the two healthcare systems for children, people who are unemployed, and for people who are retired. Great Britain’s National Health Service (NHS) covers everyone children, unemployed and retired. There is no payment required. Taxes are higher in GreatRead MoreWgu Kot 22957 Words   |  12 Pageshealthcare reform are hot topics of debate in today s society. As the population grows and life expectancy increases, the nation faces many challenges in providing healthcare benefits to the people. â€Å"According to the report, titled Income, Poverty and Health Insurance Coverage in the United States: 2010, 49.9 million Americans or 16.3 percent of the total US population had no health insurance in 2010. That percentage represents a slight increase on 2009’s figures, when 49 million citizens or 16.1 percentRead MoreDiversity and Cultural Competence in Family Therapy Essay1050 Words   |  5 Pageschanges are taking place within the United States cultural makeup. Therapists and healthcare professionals are being challenged to provide effective and sensitive care for patients and their families. This type of culturally sensitive care requires the professional to be open and seek understanding in the patients diverse belief systems (Kodjo, 2009). The therapist must be aware of individual values and beliefs in order to develop an understanding of why the client responds to certain life-stressorsRead MoreWhy Americans Should Embrace Alternative Medicine1300 Words   |  6 Pages As complementary and alternative medicine (CAM) grows more popular with the American public, the question arises whether we should consolidate aspects of unorthodox medicine with standard care. Many, such as Dr. Andrew Weil, swear by CAM’s effectiveness and urge for a more patient-centered approach to care (Relman). While CAM has no shortage of critics, a growing body of research is indicating the effectiveness of many CAM therapies in treating a variety of conditions. Patients, physicians, andRead MoreThe Expectancy Indicator Of Australia1362 Words   |  6 Pagesto better care for themselves and others, also increasing the length of their lives and health. Political Indicators: Freedom House Rating (Freedom in the World Report): Free; Political Rights -- 1, Civil Liberties -- 1. (2015) Corruption Perception Index (CPI) Ranking (and score): 11 (80) (2014) Press Freedom Index (Reporters Without Borders) Ranking (and index score): 25 (17.03) (2014) Shares in Parliament, female-male ratio: .41 (2012) Date of State Formation: January 1, 1901 System Type: representativeRead MoreConcept of Technological Dynamism2163 Words   |  9 Pagesinformation technology. This is carried against the backdrop of the concept of information technology as the conceptual framework. The paper concludes that indeed the statement that IT is radically changing the social world is true. Introduction   The contemporary society has witnessed a series of transformations which can directly be attributed to the concept of technological dynamism. Technological dynamism is a concept which was defined by Albu (2009) as the rate of exchange in the level of predictability

Narritive Essay Example Example For Students

Narritive Essay Example I fell asleep in my chair the other day. Not an event that garners much remembrance normally, but this one lingered more than usual. I would say it’s that lingering that occurs after handling garlic for too long. Every time your hands are near your face you’re reminded again of that seemingly inconsequential time you simply cooked dinner. This time, I simply came home from work, sat down in a chair, took off my shoes, and promptly fell asleep. I’ve now lost count of how many times I’ve been told it was a familiar sight. The fiancà © and I bought a house and are getting married. I recently turned 29. Not much has directly felt different though. The number may say â€Å"almost 30,† but I don’t, or well now, didn’t, feel like â€Å"adult† applied much. Maybe I just didn’t want to acknowledge it? The phone in my front right pocket began to vibrate, two quick mechanical pulses, signaling a message of some kind. Pulling the phone out, I saw the time was 4:30pm and realized, much to my disappointment, that I had stayed late at work again. A common theme anymore. Looking up at the ceiling with a dejected, audible, but quiet â€Å"sigh† I could feel the stiffness in my neck release slightly, with a couple cracking sounds thrown in. The stains on the ceiling were still apparent, from the recent thunderstorms, and looked to actually be getting worse. Shutting down my computer was always a task that took longer than it should, adding a few more minutes to my already delayed arrival at home. â€Å"Traffic is going to be a mess right now,† I thought, as I packed up my things. It was always amazing, infuriatingly so, how different the travel home would be even within a half hour. Leave at 3:30pm, no traffic, but leave at 4:00pm or later? Good luck. And so, I trudged along, enjoying the stop and go traffic, joined together with the other impatient drivers who wanted nothing more than to just be at whatever destination they were headed to. Drives like these, though, always give ample time to ones own thoughts. Either that or listen to the same, tired questions on sports talk radio about the Eagles some more. Same questions, different day. Same ride home, just a different day. Pulling up to the house, I was already able to start adding more things to the list of plans for the night. The really exciting things like weeds that needed pulling, grass that needed mowing. One can’t ever help but pull some lingering weeds though, it’s therapeutic. Walking into the house, I almost forgot about the deck with two large holes in it that needed some time and the stairs in the back that were just begging for some attention. It was more to add to the list. A small black figure could be seen through the blinds on the door, its tail slowly waving behind it. A faint â€Å"mrow† could be heard through the door as a little black nose and some whiskers appeared in between the blinds, bent a bit to form to the cat’s face. The blinds were starting to crease some, done so slowly over the last few months after we increased the occupancy of the house from two, to two and a little black cat. The mail on the table was as exciting as ever: bills, bills, and more bills. Grabbing the pile and settling into the nearby chair, I untied and pulled off my shoes. I had tied them too tight today and they definitely appreciated the relief. My eyes were feeling extremely heavy, heavier than usual no doubt. â€Å"I’ll just close them for a second,† I thought to myself, letting them fall shut, turning the world around me dark. .ud5b3fbed802282d40835d6a1e599bd16 , .ud5b3fbed802282d40835d6a1e599bd16 .postImageUrl , .ud5b3fbed802282d40835d6a1e599bd16 .centered-text-area { min-height: 80px; position: relative; } .ud5b3fbed802282d40835d6a1e599bd16 , .ud5b3fbed802282d40835d6a1e599bd16:hover , .ud5b3fbed802282d40835d6a1e599bd16:visited , .ud5b3fbed802282d40835d6a1e599bd16:active { border:0!important; } .ud5b3fbed802282d40835d6a1e599bd16 .clearfix:after { content: ""; display: table; clear: both; } .ud5b3fbed802282d40835d6a1e599bd16 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud5b3fbed802282d40835d6a1e599bd16:active , .ud5b3fbed802282d40835d6a1e599bd16:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud5b3fbed802282d40835d6a1e599bd16 .centered-text-area { width: 100%; position: relative ; } .ud5b3fbed802282d40835d6a1e599bd16 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud5b3fbed802282d40835d6a1e599bd16 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud5b3fbed802282d40835d6a1e599bd16 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud5b3fbed802282d40835d6a1e599bd16:hover .ctaButton { background-color: #34495E!important; } .ud5b3fbed802282d40835d6a1e599bd16 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud5b3fbed802282d40835d6a1e599bd16 .ud5b3fbed802282d40835d6a1e599bd16-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud5b3fbed802282d40835d6a1e599bd16:after { content: ""; display: block; clear: both; } READ: Advocacy For Improving Health Care EssayGrowing up, my father worked long hours and never took a day off. I have vivid memories of him coming home, grabbing the mail, and pulling up various weeds before coming inside. It was a consistent theme that has been engrained in me. The piece of this I remember the most, though, was finding him asleep in his chair, shirt untucked, shoes untied and off, still in the suit he wore that day. I awoke, startled, to my fiancà © holding the cat, laughing. I could smell the cat’s food and I quickly realized how long I had fallen asleep for (an hour to be precise). Through her laughter, she barely got out the statement â€Å"look like your father much? † Realizing what she meant by that, I quickly recollected my arrival home: grab mail, pull weeds, notice things to be done that can’t be done due to time, come inside, slump onto the chair, and fall asleep. â€Å"Couldn’t be more similar,† I thought to myself. I gave a chuckle and added â€Å"welp, I guess this is what it’s like being an adult, huh? † Buying a house, planning a wedding, and even being a year off from 30 wasn’t enough for me to think that way. It took falling asleep in a chair to make me actually feel like an adult.

Tuesday, May 5, 2020

Financial analysis for Oatland & Wollongong-Samples for Students

Question: Discuss about the Financial analysis for Oatland Golf Club and Wollongong Golf Club. Answer: Introduction The report aims to do a financial analysis for Oatland Golf Club and Wollongong Golf Club. The important financial considerations for the discussion is able to include Current ratio, Quick ratio, Accounts receivable turnover, Number of days sales in receivables, Debt to Equity ratio, Number of times interest charges are earned and Return on Assets. Some of the other financial consideration is seen to include Return on Equity and Earnings per Share on common stock. Oatland Golf Club situated in suburb of Sydney, in the state of New South Wales, Australia is affluent with the organizing a rewarding game. The Golf course also takes several initiatives to support the basic elements of golf including, the correct grip and getting along with the on-course play. The main program of the compansy is seen to commence from Sunday 4th February 2018 till Sunday 25th March 2018. The golf course is also able to include 8-week programme (8 x 45-minute sessions) which considers various aspects of the game (Oatlands Golf Club, 2018). Wollongong Golf Club is situated between magnificent Illawarra Escarpment and beautiful Pacific Ocean. The golf club was established in 1897, a decade before electricity was introduced and club shares the honour for being one of the oldest in the country. The club offers wide range of selection of bars and function spaces. It offers AAA rated accommodation along with award winning service. The true link of the company enjoys a round to indulge in the unique experience which is offered in Wollongong. The interpretation of the ratio analysis is done mainly on three aspects, namely liquidity, solvency and profitability ratio. Under the liquidity ratio, ratios such as current ratio, quick ratio, asset receivable turnover ratio and number of days sales in receivables has been calculated. Under solvency ratio total liabilities to total assets, interest coverage and debt equity ratio is calculated. The profitability ratio has included the analysis of net margin percentage, redone on assets and return on equity (Wollongonggolfclub.com.au, 2018). Oatlands Golf Club 2014 2015 2016 RATIO ANALYSIS Liquidity Current Ratio % 49% 63% 51% Quick Ratio $0.4 0.579300351 0.422362672 Accounts Receivable Turnover (times) 0.92 -0.82 Number of days sales in receivables 6.74 6.53 6.47 Solvency Debt to Equity Ratio % 33% 36% 33% Interest Cover (times) 0.25 0.15 -0.15 Total Liabilities/Total Assets 25.0% 26.3% 24.7% Profitability Net Margin % 1.33% 1.78% -1.95% ROA % 0.6% 0.9% -1.0% ROE % 1% 1% -1% Ratio Analysis Current ratio The report has shown the computation of current ratio by dividing the current assets with current liabilities. The current ratio percentage of the company is discerned to be 49% in 2014, 63% in 2015 and 51% in 2016. This shows a reducing trend in the recent year for computation of current ratio. The decreasing nature of the current ratio shows that the company has considerable ability to pay short-term and long-term obligations (Andrijasevic Pasic, 2014). Quick ratio- The calculation of legal issues done by subtracting inventories from current assets and dividing it with current liabilities. The quick ratio is further depicted with a stagnant trend of 0.42 in 2014, 0.58 in 2015 and 0.42 in 2016. Short-term liquidity has not depicted any significant increase in performance in 2016. The decrease in the value of both quick ratio and current ratio is evident with the evaluation of the movement in the values of annual report which clearly shows that from 2014 to 2015 there was an increase in current assets by 40%, from 2015-16 the current assets got reduced by 20% (Evans Mathur, 2014). Accounts receivable turnover- This ratio has been used to measure the effectiveness of the firm in collecting debts and extending credit. Receivables turnover ratio has stated that in 2015, the company was able to efficiently utilize its assets and this is reflected with Accounts Receivable turnover ratio of 0.92 times. However, due to significant increase in the collection period in 2016, the ratio was discerned as -0.82. The calculation of receivables turnover ratio is done by dividing the net credit sales value by average accounts receivable. The main consideration of the calculation is done on annual basis (Lakshmi, Martin, Venkatesan, 2016). Number of days sales in receivables- The computation of DSR is seen with dividing the Accounts Receivable by average sales per day. The company has shown a decreasing and then increasing trend of number of days sales in receivable. This is evident with 6.74 days in 2014, 6.5 days in 2015 and 6.4 days in 2016. The decreasing trend of number of days since in receivables over time clearly shows that the company that the company is selling its product to customers on credit and taking significantly less time to collect money (Adedeji, 2014). Debt to Equity ratio- The depiction of debt-to equity ratio is seen to be done with diving the total long-term borrowings by total capital. A deeper understanding of the debt equity ratio for Oatlands Golf Club has able to show that the company has significantly able to reduce its debt equity ratio which is a positive sign. The lowering value of the debt equity ratio indicates that that there is a less relation of proportion of shareholders' equity and debt used to finance a company's assets. The lowering value of debt equity ratio is evident with 0.33 in 2014, 0.35 in 2015 and 0.32 in 2016 (Islam, 2014). Number of times interest charges are earned- The consideration for this ratio clearly shows how easily company is able to pay interest expenses on the outstanding debt. The consideration of Interest Cover (times) is seen with a decreasing trend. This is evident with 0.25 in 2014, 0.15 in 2015 and -0.15 in 2016. Due to a significantly low interest charges on in 2016, the golf club is burdened by debt expense over the time (Shah Jan, 2014). Return on Assets- Return on assets acts as the main indicator to illustrate the profit of the company in terms of total assets. In the given case, it is calculated by dividing the total earnings by total assets. Henceforth, it is not able to generate enough net income by total assets. As per the analysis of Oatlands Golf Course, the return on asset has first increased from 0.6% to 0.9% in 2015. However, the profit in terms of assets has reduced in 2016, which is evident with a return on asset ratio of -1% in 2016 (Grohmann, Kouwenberg, Menkhoff, 2015). Return on Equity- This is discerned as the amount of net income in terms of percentage of shareholders equity. ROE is discerned as corporations profitability by revealing based on the amount of profit company generates from the invested amount by the shareholders. The evaluation of this ratio is done by dividing net income by shareholders equity. Based on the given scenario Oatlands Golf Club has first depicted a stagnant and then a decreasing return on equity. This is evident with ROE of 1% in 2014 and 2015, followed with a decrease of 1% in 2016. The decreasing trend of ROA clearly suggests that company is not able to generate sufficient profit from the amount of investment made by the shareholder (Zainudin Hashim, 2016). Wollongong Golf Club Limited 2013 2014 2015 RATIO ANALYSIS Liquidity Current Ratio % 96% 88% 149% Quick Ratio 0.913886446 0.869131091 1.470018555 Accounts Receivable Turnover (times) -0.62 1.00 Number of days sales in receivables 7.65 7.53 6.86 Solvency Debt to Equity Ratio % 12% 9% 5% Interest Cover (times) -0.23 -0.39 0.20 Total Liabilities/Total Assets 101.9% 108.2% 69.8% Profitability Net Margin % -4.79% -2.88% 3.63% ROA % -15.9% -13.6% 20.4% ROE % -2% -1% 2% Ratio Analysis Current ratio Wollongong Golf Club Limited is comparatively in a much better position in terms of current ratio than Oatlands Golf Club. It has sufficient current assets such as cash, accounts receivables, inventories and prepaid expenses to bear the short-term and long-term obligations. This is seen to be evident with a current ratio of 0.96 and 2013, 0.88 and 2014 and 1.48 and 2015. The increasing trend of current ratio clearly suggests that Wollongong Golf Club Limited will be able to meet all short-term capital requirement (Raki?evi?, Miloevi?, Petrovi?, Radojevi?, 2016). Quick ratio- Similar to the current ratio, the quick ratio of the company is depicted with an increasing trend. This is evident with a quick ratio of 0.91 and 2013, 0.87 in 2014 and 1.47 in 2015. The increasing nature of the quick ratio shows that Wollongong Golf Club Limited is experiencing a solid top line growth thereby converting the receivables into cash to meet the financial obligations. Based on such increasing growth rate of acid test ratio can be said that the golf club has a faster inventory turnover and cash conversion cycles (Richardson, Lanis, Taylor, 2015). Accounts receivable turnover- The interpretations as per Accounts Receivable turnover is also increasing in nature. This is evident with Accounts Receivable of -0.62 in 2014 which increased to 1 in 2016. The linear growth in this ratio shows that the golf club is efficient enough in collecting debts and extending credit (Xu et al., 2014). Number of days sales in receivables-In this area also the company has made a significant improvement. Wollongong Golf Club, has reduced time taken to collect the money from customers after providing them the services on credit. The growth in Number of days sales in receivables is evident with 7.65 days in 2014 which further reduced down to 7.53 days in 2015 and 6 .86 days in 2016 (Omar, Koya, Sanusi, Shafie, 2014). Debt to Equity ratio- The debt equity ratio is expressed in terms of percentage and reducing trend of percentage over the years clearly states that the company is able to make a significant progress in reducing the reliance of shareholders' equity and debt for financing the assets of the company. In 2014, the debt-to-equity ratio of Wollongong Golf Club was 12%, which reduced to 9% in 2015 and 2016 it got reduced by 5%. This has been depicted with the reducing trend of long-term debt over the years, which is evident with long-term debt of $ 623972 in 2014, $ 327415 in 2015 and $ 40851 in 2016 (Normah et al., 2014). Number of times interest charges are earned- The time taken to pay the interest amount on the outstanding debt has been considered with the increasing trend. This is evident with interest coverage ratio of -0.23 in 2014, -0.39 in 2015 and 0.20 in 2016 (Adewuyi, 2016). Return on Assets- The illustrations as per this ratio clearly suggests that the company is able to generate enough net income in terms of total assets. The return on assets have increased from -15.9% in 2014 to -13.6% in 2015 and the significant rise in the growth was evident with 20.4% in 2016. This clearly shows that Wollongong Golf Club is in a stable position to generate income from the available assets (Hoberg Maksimovic, 2015). Return on Equity- The interpretations of this seen with corporations profitability by revealing based on the amount of profit company generates from the invested amount by the shareholders. The companys profitability based on the invested amount by the shareholders is depicted to increase from -2% in 2014, -1% in 2015 and 2% in 2016 (Schoenmaker Wierts, 2015). Conclusion The discussion on ratio analysis is able to suggest that Wollongong Golf Club is in a significantly better position despite of certain downtowns in 2014 and 2015. However, the improvement in areas such as cash and cash equivalents, reduced short-term borrowing and current maturities have significantly contributed to a better current ratio, quick ratio, accounts receivables ratio and number of days sales in receivables in 2016. The interpretations as per solvency ratio has also shown that the companys debt to equity ratio is in a significantly better position over the years. Henceforth, despite of certain downtowns in 2014 and 2015, it has been able to recover its position by improving on overall financial management. The significant improvement is seen with reducing the overall operating expenses over the years. Oatlands Golf Club on the other hand, has been considered with the improving trend in 2014 and 2015 and a reducing trend in 2016. The lowering value of the debt equity ratio indicates that that there is a less relation of proportion of shareholders' equity and debt used to finance a company's assets. The lowering value of debt equity ratio is evident with 0.33 in 2014, 0.35 in 2015 and 0.32 in 2016. In addition to this, Oatlands Golf Club is not able to generate enough net income by total assets. As per the analysis of Oatlands Golf Course, the return on asset has first increased from 0.6% to 0.9% in 2015. However, the profit in terms of assets has reduced in 2016, which is evident with a return on asset ratio of -1% in 2016. Wollongong Golf Club has sufficient current assets such as cash, accounts receivables, inventories and prepaid expenses to bear the short-term and long-term obligations. This is seen to be evident with a current ratio of 0.96 and 2013, 0.88 and 2014 and 1.48 and 2015. The increasing trend of current ratio clearly suggests that Wollongong Golf Club Limited will be able to meet all short-term capital requirement. Moreover, the interp retations as per Accounts Receivable turnover is also increasing in nature. This is evident with Accounts Receivable of -0.62 in 2014 which increased to 1 in 2016. The linear growth in this ratio shows that the golf club is efficient enough in collecting debts and extending credit. The increasing nature of the quick ratio shows that Wollongong Golf Club Limited is experiencing a solid top line growth thereby converting the receivables into cash to meet the financial obligations. Based on such increasing growth rate of acid test ratio can be said that the golf club has a faster inventory turnover and cash conversion cycles. These evaluations clearly depict that Wollongong Golf Club is in a much better position than Oatlands Golf Club. References Adedeji, E. A. (2014). A Tool for Measuring Organization Performance using Ratio Analysis. Research Journal of Finance and Accounting, 5(19), 1622. Adewuyi, A. W. (2016). Ratio Analysis of Tesco Plc Financial Performance between 2010 and 2014 in Comparison to Both Sainsbury and Morrisons. Open Journal of Accounting, 5(July), 4556. https://doi.org/10.4236/ojacct.2016.53006 Andrijasevic, M., Pasic, V. (2014). a Blueprint of Ratio Analysis As Information Basis of Corporation Financial Management. Problems of Management in the 21st Century, 9(2), 117123. Retrieved from https://ezproxy.library.capella.edu/login?url=https://search.ebscohost.com/login.aspx?direct=truedb=bthAN=99552651site=ehost-livescope=site Evans, J. R., Mathur, A. (2014). Retailing and the period leading up to the Great Recession: a model and a 25-year financial ratio analysis of US retailing. International Review of Retail, Distribution and Consumer Research, 24(1), 3058. https://doi.org/10.1080/09593969.2013.801360 "Get Started" "Get Started Plus" - An introduction to the game of golf - Oatlands Golf Club. (2018). Oatlands Golf Club. Retrieved 13 February 2018, from https://www.oatlandsgolf.com.au/cms/golf/get-started-ogc/ Grohmann, A., Kouwenberg, R., Menkhoff, L. (2015). Childhood roots of financial literacy. Journal of Economic Psychology, 51, 114133. https://doi.org/10.1016/j.joep.2015.09.002 Hoberg, G., Maksimovic, V. (2015). Redefining financial constraints: A text-based analysis. In Review of Financial Studies (Vol. 28, pp. 13121352). https://doi.org/10.1093/rfs/hhu089 Islam, M. A. (2014). An Analysis of the Financial Performance of National Bank Limited Using Financial Ratio. Journal of Behavioural Economics, Finance, Entrepreneurship, Accounting and Transport, 2(5), 121129. https://doi.org/10.12691/jbe-2-5-3 Lakshmi, T. M., Martin, A., Venkatesan, V. P. (2016). A Genetic Bankrupt Ratio Analysis Tool Using a Genetic Algorithm to Identify Influencing Financial Ratios. IEEE Transactions on Evolutionary Computation, 20(1), 3851. https://doi.org/10.1109/TEVC.2015.2424313 Normah, O., Zuraidah, M. S., Amirah, J., Intan Salwani, M. (2014). Predicting financial stress and earning management using ratio analysis. Advances in Natural and Applied Sciences, 8(8), 183189. Retrieved from www.aensiweb.com/ANAS Omar, N., Koya, R. K., Sanusi, Z. M., Shafie, N. A. (2014). Financial Statement Fraud: A Case Examination Using Beneish Model and Ratio Analysis. International Journal of Trade, Economics and Finance, 5(2), 184186. https://doi.org/10.7763/IJTEF.2014.V5.367 Our History. (2018). Wollongonggolfclub.com.au. Retrieved 13 February 2018, from https://www.wollongonggolfclub.com.au/about-us/our-history Raki?evi?, A., Miloevi?, P., Petrovi?, B., Radojevi?, D. G. (2016). DuPont financial ratio analysis using logical aggregation. In Advances in Intelligent Systems and Computing (Vol. 357, pp. 727739). https://doi.org/10.1007/978-3-319-18416-6_57 Richardson, G., Lanis, R., Taylor, G. (2015). Financial distress, outside directors and corporate tax aggressiveness spanning the global financial crisis: An empirical analysis. Journal of Banking and Finance, 52, 112129. https://doi.org/10.1016/j.jbankfin.2014.11.013 Schoenmaker, D., Wierts, P. (2015). Regulating the financial cycle: An integrated approach with a leverage ratio. Economics Letters, 136, 7072. https://doi.org/10.1016/j.econlet.2015.08.020 Shah, S. Q., Jan, R. (2014). Analysis of Financial Performance of Private Banks in Pakistan. Procedia - Social and Behavioral Sciences, 109, 10211025. https://doi.org/10.1016/j.sbspro.2013.12.583 Xu, W., Xiao, Z., Dang, X., Yang, D. L., Yang, X. L. (2014). Financial ratio selection for business failure prediction using soft set theory. Knowledge-Based Systems, 63, 5967. https://doi.org/10.1016/j.knosys.2014.03.007 Zainudin, E. F., Hashim, H. A. (2016). Detecting fraudulent financial reporting using financial ratio. Journal of Financial Reporting and Accounting, 14(2), 266278. https://doi.org/10.1108/JFRA-05-2015-0053