Friday, December 13, 2019

Personal Statement Expo Reading and Writing Free Essays

I’m not a leader In ASB for the awards or admiration, although I respect those few who do choose to lead for the credibility. I don’t lead for the satisfaction, although my never ending smile at the end of a good rally indicates otherwise. I don’t lead because I have anything to prove, although I’ve proven a lot to myself along the way. We will write a custom essay sample on Personal Statement: Expo Reading and Writing or any similar topic only for you Order Now I lead for the feeling of every student on my campus becoming one, so perfectly matched In school spirit and school pride. I lead to feel the rush of my heart every ime I see a sea of orange and hear the deafening cheer of the crowd. I lead because it Isn’t easy to get thousands In a school Involved I lead for the challenge to fill the stands at every rally fill and to fill every seat at any blood drive. I am a leader in ASB to get my message across so know I left a legend when I turn to leave for college. I not only lead for myself, but for my fellow students as well, my family and my equals. Prompt 2 I was working on a school project when I got a call from my dad saying he was coming right away to come pick me up, I remember the sheathing anger I felt arguing hat no he wasnt going to pick me up that I really needed to flnlsh this school project. I still shake my head in dismay knowing the fact I in fact didnt need to finish the project I Just wanted to hang out with my friends. I cant pretend that I didnt sulk my way to my dad’s waiting vehicle that I looked at him with a scowl across my face. Nor can I wipe away from my memory the words he said next mfour sister is in the hospital, she’s lost her baby and she’s asking for you. † This complete wash of emotion that came over me the shame the concern I was mortified with myself. How could I ave been so mad about my Importance when my sister had Just faced a devastating event? Looking up and saying â€Å"Take me to her. † The drive to the hospital was long I sat in a seat of despair. What would I say to my sister? How would I face her? ye never been one to be comfortable around sadness; my childhood had been stripped of innocence as I had faced several of my mother’s divorces and countless deaths. I had taught myself to be unemotional towards sickness and sorrow for they brought never ending hurt and unmasked truths to lies. Should I cry when I knew my eyes would be dry? Going into my sisters hospital room I looked from her so fragile and upset to my mother’s face streaked with tears. My meek voice barely audible above the beeping of many machines â€Å"Hey there. Was it wrong that I felt uncomfortable around all the sickness and gloom that came hand in hand with hospitals, like I could feel the reaper in every corner? All I could do was make Jokes when it wasnt time to laugn, my attempt to Drlng napplness wnere none could De Touna. loucn my sister’s hand while asking myself â€Å"Am I doing this right? † My dad wouldn’t stop looking at me after we left constantly asking are you alright? Calculating and recording every answer every movement I made. Truth is I don’t know if I was alright I didn’t know if I was allowed to be. My sister has never really been the same since that event, but then again no one else has been either. My mom cherishes us children a little bit more. My sister cherishes those who supported her and held her hand through the situation. And l, well I cherish my family every second of every day. â€Å"Life is fragile†, a saying used in many ways, but one doesn’t really know how fragile a life is until youVe been there to see its fragility. How to cite Personal Statement: Expo Reading and Writing, Papers

Thursday, December 5, 2019

Policy Changes In An Emerging Stock Market -Myassignmenthelp.Com

Question: Discuss About The Policy Changes In An Emerging Stock Market? Answer: Introduction: Business Finance is a part of finance which covers great varieties of disciplines and activities which is revolving around the money management and valuation of assets. This accounting system makes it easy for the professionals to understand the position and worth of an organization in the industry, various tools are covered in this financial type. With the help of business finance, PRO PAC PACKAGING LIMITED Company has been evaluated. This report paper explains about the position, performance and the investment opportunity in the company. For evaluating the investment opportunity of the company, annual report of the company has been identified and the stock price of the company has been compared with the Australian ordinary stock prices (Travlos, Trigeorgis and Vafeas, 2015). Corporate governance, ratio analysis, changes in the stock price, factors through which the stock price of the company has been affected, cost of equity, cost of debt, cost of capital, risk, return etc has been evaluated. Further, a letter of recommendation has been prepared for the client of the company to recommend about the investment in the company. Brief Description of company: PRO PAC PACKAGING LIMITED is a manufacturing company which is working in the Australian market along with its various subsidiary companies. This company manufactures, delivers and serves the industrial, rigid and protective packaging to the products in Australian market as well as various foreign countries. The industrial packaging division of the company manufactures distributes and sources the industrial packaging material (Bloomberg, 2018). It also focuses on install, maintain and support the packaging tools systems and machineries. Currently, the revenue of the company is AUD 229244000. The diversification and strategic financial policies of the company has been changed in last 2 years. Ownership governance structure: The governance structure of the company has been evaluated through the annual report of the company and following data has been found: Main Substantial stakeholders: There is only 1 investor who has more than 20% stock of the company. 51.20% of total stock is held by the BENNAMON PTY LTD in the total stock of PRO PAC PACKAGING LIMITED. Further, it has been found that this company is not a family company and operating its business separately (Thanatawee, 2013). Further, it has been found that 2 investors are also there who is holding more than 5% stock of the company. Through the analysis, it has been found that the MR BRANDON ARI PENN is holding 9.21% of total stock of the company and on the other hand, 7.62% stock of the company has been held by AUST EXECUTOR TRUSTEES LTD. Following is the table of top 20 stockholders of the company: Main people of firm governance: Chairman of the company is Ahmed Fahour. He is serving the company from 25th Nov 2014. Elliott Kaplan is the main board of members of the company. Brandon Penn is the CEO of the company. According to the top 20 shareholders list of the company, no person with same surname is holding the stock of the company (AFR, 2018). Further, none of the shareholders of the company is holding more than 5% stock of the company. Performance Key ratios: Performance ratios are the key ratio of an organization. This makes it easy for the company and the professionals to evaluate the position of the company. Performance ratios include the profitability ratios and the capital structure ratios. Following is the calculations of the performance ratios: Return on assets: Return on assets is the profitability ratio which is measured through analyzing the net profit of the company in context with the total assets of the company. The calculations of return on assets explain that the company is earning 2.79% of profit according to the total assets of the company (Hillier, Grinblatt and Titman, 2011). Return on assets NPAT/ total Assets 5016/179939 2.79% Return on equity: Return on assets is the profitability ratio which is measured through analyzing the net profit of the company in context with the total equity of the company. The calculations of return on equity explain that the company is earning 4.41% of profit according to the total equity of the company. Return on Equity= Net profit after tax/ ordinary equity 5016/113683 4.41% Debt Ratios = Total Liabilities/ total assets 66256/179939 36.82% Phenomenon TA/OE: Total assets and total equity are the main elements to evaluate the profitability position and return on assets and return on equity of the company. TA/TE = (NPAT/ Total assets)/(NPAT/TE) TA/TE =Total assets/TE The above equation makes it simple to evaluate the impact of total assets and total equity on return on assets and return n equity of the company. The more the total assets and equity would be the lesser the profitability position of the company would be. ROA and ROE: Further, the above calculations makes it simple to evaluate that ROA is always lower than the ROE of the company due to higher assets in an organization in comparison with the total equity of the company (Ft, 2018). Accounting double equation system explains that the assets are the combination of equity and liabilities and thus the ROE is always higher. Changes in stock price: Further, for evaluating the changes in the stock performance of the company, stock price of the company has been compared with the AORD. Following graph explains about the changes: The below graph explains that the stock price of PPG is quite stable and the stock price of AORD is volatile in nature. The stock price of AORD is quite higher than the stock price f PPG. Further, it explains that the correlation among both the stock is 0.19 which explains that the stock price of both the stock are not at all correlated (Investing Business, 2018). Significant factors: Further, it has been found that the stock price of the company has faced various significant changes in last 2 years. These changes have occurred due to varioys significant factors such as internal and external factors. Through the study, it has been found that the stock price of the company has been enahnced on 30-09-2017 by 13.89% due to the annual report announcement (FT, 2018). On the other hand, on 30-11-2016, stock price has been lowered due to less dividend amount (AFR, 2018). More, the stock price has been enhanced on 31-07-2016 due to internal changes in the company (Yahoo Finance, 2018). In addition, on 29-02-2016, stock price of the company has been enhanced due to macro economical factors and on 31-05-2017, the stock price of the company has been enhanced due to industry factors (Invetsing Business, 2018). Calculation of CAPM and beta values: The best calculations of the company explain that the systematic risk of the company is 0.076. Required rate of return: Return of the company is 4.15%. Calculation of cost of equity (CAPM) RF 4.00% RM 6.00% Beta 0.076 Required rate of return 4.15% (Morningstar, 2018) Conservative company: It explains that the risk and return of the company are respectively lower and higher and thus this company could be considered as a conservative company to make an investment. WACC calculations: Calculation of WACC Price Cost Weight WACC Debt 25,500 5.25% 0.20615 0.01082 Equity 98,194 4.15% 0.79385 0.03296 1,23,694 Kd 4.38% Calculation of cost of debt Outstanding debt 25,500 interest rate 7.50% Tax rate 0.3 Kd 5.25% Calculation of cost of equity (CAPM) RF 4.00% RM 6.00% Beta 7.58% Required rate of return 4.15% Implication on WACC: The current cost of capital of the company is 4.38% which explains that if the company wants to invest into a new project of machinery than the total return form that project must be more than 4.38% (Bodie, 2013). Only in that case, company would be able to earn profits. Debt ratios: Optimal capital structure: 2017 2016 Debt Ratios = Total Liabilities/ total assets Total Liabilities/ total assets 66256/179939 66897/178261 36.82% 37.53% Calculations of optimal capital structure of the company explain that the company is working towards an optimal capital structure through reducing the level of the debt ratios. The current optimal capital structure of the company is not stable (Brealey, Myers and Marcus, 2007). Gearing ratios: 2017 2016 Gearing ratios = Total Liabilities/ Capital employed Total Liabilities/ Capital employed 66256/(179939-37504) 66897/(178261-38110) 46.52% 47.73% Gearing ratios of the company explains that the borrowing of the company has been lowered and the liabilities have also been lowered by the company to maintain a good level of the funds of the company, risk and return of the company. Dividend policy: Dividend policy is a policy which is concerned about the policy of the company through which the dividend amount is announced and paid by the company to the stockholders of the company. The dividend policy of the company explains that the company is following the relevant dividend policy which briefs that an organization should offer a great amount of dividend to the stockholders of the company against their investment amount in the company; dividend amount motivates the investors to hold the money in the company and invest more in the company (Davies and Crawford, 2011). More to it, dividend amount also helps the company to improve the market and stock position of the company and attracts more investors towards the company. The annual report of the company explains that the company has announced 1 cent of ordinary stock for the stockholders of the company in current year. Further, it has also been analyzed that this company is continuously giving a good amount of dividend to its stockholders so that the position and the performance of the company could be managed by the company and management of the company in industry and market (Annual Report, 2018). Conclusion: It is required for every investors to evaluate the performance and the position of the company in which they are going to invest their savings as an investment. According to your request, PRO PAC PACKAGING LIMITED Company has been evaluated and the position, performance and the investment opportunity of the company has been identified. For evaluating the investment opportunity of the company, annual report of the company has been identified and the stock price of the company has been compared with the Australian ordinary stock prices. It explains that the stock price of the company is stable and no huge changes have occurred. Further, Corporate governance, ratio analysis etc study explains that the company is managing and earning good profit. At the same time, the investment risk of the company is lower and the return of the company is higher. It explains that this company is the best opportunity for the purpose of investment. So, an investor should invest into this company to enhance the return and the performance of the company. References: About us. 2018. PRO-PAC Packaging Ltd. viewed Jan 30, 2018, https://www.pro-pac.com.au/ AFR, 2018. PRO-PAC Packaging Ltd. viewed Jan 30, 2018, https://www.afr.com/research-tools/PPG/share-prices/related-securities Annual report, 2018. PRO-PAC Packaging Ltd. viewed Jan 30, 2018, https://www.pro-pac.com.au/docman/investor-relations/annual-reports/807-2017-annual-report/file Bloomberg, 2018. PRO-PAC Packaging Ltd. viewed Jan 30, 2018, https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=21766569 Bodie, Z., 2013.Investments. McGraw-Hill. Brealey, R., Myers, S.C. and Marcus, A.J., 2007.FundamentalsofCorporate Finance. Mc Graw Hill, New York. Davies, T. and Crawford, I., 2011.Business accounting and finance. Pearson. FT, 2018. PRO-PAC Packaging Ltd. viewed Jan 30, 2018, https://markets.ft.com/data/equities/tearsheet/summary?s=PPG:ASX Hillier, D., Grinblatt, M. and Titman, S., 2011.Financial markets and corporate strategy. McGraw Hill. Investing Business, 2018. PRO-PAC Packaging Ltd. viewed Jan 30, 2018, https://www.investing.businessweek.wallst.com/research/stocks/financials/ratios.asp?ticker=PPG:AU Morningstar, 2018. PRO-PAC Packaging Ltd. viewed Jan 30, 2018, https://financials.morningstar.com/cash-flow/cf.html?t=PPGregion=ausculture=en-US Thanatawee, Y., 2013. Ownership structure and dividend policy: Evidence from Thailand. Travlos, N.G., Trigeorgis, L. and Vafeas, N., 2015. Shareholder wealth effects of dividend policy changes in an emerging stock market: The case of Cyprus. Yahoo Finance, 2018. PRO-PAC Packaging Ltd. viewed Jan 30, 2018, https://finance.yahoo.com/quote/%5EAORD/history?period1=1451586600period2=1514658600interval=1mofilter=historyfrequency=1mo Yahoo Finance, 2018. PRO-PAC Packaging Ltd. viewed Jan 30, 2018, https://finance.yahoo.com/news/pro-pac-packaging-limited-asx-015034396.html

Thursday, November 28, 2019

Your Health and Food Essay Example For Students

Your Health and Food Essay My momma says that alligators are ornery because they got all them teeth and no toothbrush. My momma says that happiness comes from little rays of sunshine that sprinkle down from above when your happy. My momma says thyat Vicky Valencourt is the devil. I disagree, I think shes really great, she helped me play football and I like her. She showed me her boobies and I liked them too. Coach Klein says that what momma dont know wont hurt her and thats why he has roy orbeson tattooed to his behind. He says that the best thing to do is to fake left, no fake right, no dont fake, think about faking then pretend to fake. In conclusion boobies are nice and I like them. Bibliography: We will write a custom essay on Your Health and Food specifically for you for only $16.38 $13.9/page Order now My Momma .

Sunday, November 24, 2019

Earthquake in Chile Essays

Earthquake in Chile Essays Earthquake in Chile Essay Earthquake in Chile Essay Earthquakes The motion of the Earth s tectonic home bases causes temblors. Earthquakes occur where home bases meet along home base boundaries. F.e when two home bases move towards each other, one home base can be pushed down beneath the other home base, into the mantle: this is a subduction zone. If this home base gets stuck under the other one, it causes a batch of force per unit area on the environing stones. When this force per unit area will be released it will bring forth daze moving ridges. These daze moving ridges are called seismal moving ridges. This is what we call an temblor. Plate boundaries The topographic point where two or more home bases meet, is known as a home base boundary. There are four types of home base boundaries: constructive, destructive, conservative and hit home base boundaries. About all temblors occur near to plate boundaries. Earthquake in Chile The temblor in Chile was caused by subduction. At the west seashore of Chile, three tectonic home bases meet: Antarctic home base, South American home base and the Nazca home base. Chile is located at a convergent home base boundary ( a destructive home base boundary ) . The Peru-Chile trench is caused by the subduction of the pelagic Nazca home base under the Continental South American Plate. This motion causes seismicity and volcanism in Chile, bring forthing astonishing temblors. This is a typical illustration of a continental-oceanic subduction zone. This temblor was the biggest 1 that hit Chile in over 50 old ages. Measuring temblors The magnitude of an temblor is measured with a seismometer. This machine measures motions in the surface of the Earth. The Richter graduated table steps earthquakes on a logarithmic graduated table. This means that an temblor of 5 is ten times more powerful than one of 6 on the graduated table of Richter. Most people express the magnitude with this graduated table. The 2010 Haiti temblor had a ruinous magnitude of 7.0.The Chile temblor was measured 8.8, this means there is about a widespread devastation. It was one of the strongest temblors that were of all time recorded. If we must believe Chilean governments, over 300 people have been killed. Richter Scale: Magnitude Damage 4 This magnitude temblor is widely felt and is strong plenty to check plaster. 5 A strong quiver shakes the Earth, damaging chimneys and weak edifices. 6 This temblor is strong plenty to severely damage mean edifices. 7 This temblor is strong plenty to destruct even good built constructions. 8 Even particular, earthquake-resistant edifices will be severely damaged. 9 There is widespread devastation. History of temblors Chile is a really active home base boundary, so it s a perfect topographic point for temblors. Chile is located in the alleged Ring of fire, an country in the Pacific where there are a batch of temblors and volcanic eruptions. The names of the home bases are in white. You can see the Nazca home base is doing subduction ( bluish line with trigons ) , because it goes under the South American home base ( Am A ; eacute ; rique du Sud ) . Tsunami Yes, there is a opportunity on a tsunami The temblor happened near a home base boundary. Because of home base tectonics, one home base can drop deeper, so there becomes a difference in sea degree. Bibliography hypertext transfer protocol: //andrevandelft.files.wordpress.com/2008/11/earthquake_depth.png hypertext transfer protocol: //news.bbc.co.uk/2/hi/8540289.stm hypertext transfer protocol: //en.wikipedia.org/wiki/List_of_earthquakes_in_Chile ttp: //s.ngeo.com/wpf/media-live/photologue/photos/2010/03/02/cache/23047_600x450-cb1267561459.jpg hypertext transfer protocol: //www.stratfor.com/files/mmf/1/2/12b92bbe141fcccef515d7d9f927de8434bf3a50.jpg hypertext transfer protocol: //english.ruvr.ru/2010/03/02/4961912.html hypertext transfer protocol: //www.telegraph.co.uk/news/worldnews/southamerica/chile/7331231/Chile-earthquake-tsunami-warnings-trigger-evacuations-across-Pacific.html

Thursday, November 21, 2019

Critical Response Paper I Research Example | Topics and Well Written Essays - 500 words - 1

Critical Response I - Research Paper Example This soft and tender film has lots of melodrama puts emphasis on characters’ affiliation dynamics and do not have any major male characters (Almodovar Film). The producer may have been female chauvinist or he was rather interested in exposing female behaviors. Perhaps Pedro Almodovar wanted to show the dark side of the religion such as drugs, sex and violence that has dominated his country and the world at large. The movie offers best lessons to the immoral society and can therefore be regarded as educative and provocative in a way. The film is stylistically produced through the use of long sinuous tracking shots which makes it more interesting to follow. There is also domination of red color such as Yolanda’s red nails which symbolizes danger or the unreligious theme of the film (Almodovar Film). This film can also be described as widely funny and gusts with lots of unavoidable scandal and can also be thought as silly. There is great humor when the nuns sympathetically forgive people who have committed sin simply because the nuns are more sinners than others. This is one of the unique behaviors in the film that cannot be expected in the normal situation (Kinder 343). The film characterization hypocritically shows what they denounce making the film to sound absurd and justification of the spiritual crisis. Almodovar does not give required emphasis to some of the Dark Habits’ issues such as rampant drug abuse and other sneaky sins. The producer must have been guided by urge of finding moral purpose in the current immoral world which has gone astray with hypocrisy. Pedro is indeed a great artist particularly considering his inventive camera angles and the surreal anti-religious acts in the movie (Almodovar Film). Dark Habits reveals much about the catholic religion which is dominated by male and gives great reverence to Virgin Mary. Exposure

Wednesday, November 20, 2019

Analysis of Market Structures and Relating Pricing Strategies Research Paper

Analysis of Market Structures and Relating Pricing Strategies - Research Paper Example The decision of what the price for any given product or commodity should be made often has little to do with what it actually costs to produce and distribute a particular product. Fixed costs such as these are invariably influenced by the surrounding market structure in which the enterprise must operate. An evaluation must be made concerning what effect competitors will exert upon the market in which the firm operates. This becomes at least as important as any material production costs. Different strategies must be depending upon how other sellers are likely to react and what effect these sellers are able to exert upon the particular firm in question. The ability to shape the marketplace is an essential characteristic underscoring any market strategy, even as the rival firms try to do the same. It is necessary to cultivate an understanding of what effect the target firm's choices will have on the market place and how this interplay controls the behavior of other sellers, if any influ ence is meaningful (Samuelson & Marks, 2012) Depending on the political and economic environments in which the target firm finds itself, there is the possibility that other firms are effectively invisible, or remain so powerful that no plausible action can change the market. Relative to the status and assets of the target firm, other competitors may prove to be so small that their behavior has no discernible impact on the larger marketplace in which the target firm operates. In this case, it is possible to adjust prices in order to capitalize on opportunities to deliver the product or service in question – with concern only for what the law and buyer can pay. The other possibility is a setting, in which competing firms exist, that are so large and powerful relative to the target company that virtually no pricing decision will change the fundamental forces of supply and demand within the economic theater. This constitutes the reverse of the previous situation, and short-term o pportunities should be considered in this case, resulting in a different strategic environment with respect to pricing decisions. The interplay can become especially complicated in the third environment, in which the other sellers delivering the commodity in question are of approximately equal size to the target firm and are, therefore, influential and influenced by one another. Each company must be concerned only partially with real costs in terms of the physical delivery of goods and services, but must instead constrain oneself based on the behavior of competitors of equal size. In this case, physical production costs may have renewed importance because the firm capable of reducing them can command an obvious advantage over its rivals. Yet such gains may be temporary as this will prompt competing operations into a drive of innovative cost-cutting, which in a competitive marketplace is likely to be ongoing. The interaction of supply and demand colors each of these scenarios. A riva l firm exponentially larger than a given target firm has the potential to be much more competitive. If the disparity is too great, even if the target firm is able to deliver a commodity at a lower price, it would not be able to meet the demand already supplied by the much larger firm. Here is a problem of "getting a foot in the door," and regardless of

Monday, November 18, 2019

Film Assignment Example | Topics and Well Written Essays - 250 words

Film - Assignment Example Its presence or absence does not affect the main story’s message. b. Dugan’s murder is part of the plot because it gives additional reason or motivation as to why Terry would start doubting and turning his back on Johnny near the movie’s ending. It can also be a part of the story to show the ruthlessness of Johnny in dealing with those that stand in his way. c. Dugan’s testimony is part of the plot because it gives is part of a series of events that would lead up to Terry’s testimonial against Johnny later in the movie. The presence or the absence of the testimony would not affect the main theme of the movie d. Terry’s dive in the ring can both be a part of the story and the plot. It is a part of the story because it shows why Terry ended up in the docks instead of a career in boxing. It can also be a part of the plot because it would lead up to Terry becoming part of Johnny’s gang ruling the docks. 4. During the opening sequence of the movie, Munny’s balance can be seen as rather distorted, due to the loss of his wife. His crises were precipitated by the death of his wife, his inability to tend to his pigs that were getting sick with some fever, and a young man showing up in his farm to enlist his help in killing two thugs, criminal acts which he had left behind after marrying his wife (Eastwood). The fact that he is being enlisted to kill hoodlums added to Munny’s internal conflict of choosing to be a person of peace. After the young man showed up in his doorstep he started having doubts as to whether staying as the mild-mannered man his wife hoped him to be was a better option than getting back on the road and taking another person’s life in exchange for a lot of money. Since he wasn’t going to kill innocent men anyway, he chose the latter and left his children alone in the