Essay --

3) There are many causes of child labour, but the biggest cause is money. People build factories in poor areas so that it would attract cheap labour which are the children that they target. Another cause is the lack of protection from the government; the businesses help the economy grow and make the country successful. If the government stops child labour, then the businesses may threaten to move to another country that would also welcome the chance to look good. The government is too greedy and is willing to put children’s lives in danger. Poverty is another reason for child labour. The many that are poor do not have enough money to support their children, so they do not send their children to school. The majority of people don’t have a house to live in, and they don’t have enough money to buy food. So since they don’t go to school, parents send them to work, or they sell their child for money. 4) Child labour effects the knowledge, economy and condtions of the children. When parents are in need of money, they stop their kids from going school and send them to work. The children the...

Affirmative Action is Discrimination Essay -- Critical Thinking Essays

Affirmative action is wrong and will not help solve the problems minorities face. The reason it is wrong is because it's discrimination. It has no place in today's society in today's society because it does more bad than good. In addition to that most people don't enjoy the presence of affirmative action. Also, it appears that affirmative action can actually be detrimental to employees health. First of all, affirmative action is discrimination, there is no hiding it. When an employer hires anyone because he or she is a minority, even if someone else if more qualified to do the job, it is discrimination. Just because it is reverse discrimination, when whites are discriminated against and minorities are being discriminated for, doesn't make it right. Affirmative action legalizes discrimination (Steele 1990, 39). "I thought discrimination was illegal in this country (Buchanan 1995, 1)." Also, if this discrimination continues racism in the United States may become worse. Imagine what you would feel like if you couldn't get a job just because you are a white man and not a hispanic man. The racism will become worse because of it, and that is the very thing it is trying to prevent. It is possible that because of affirmative action, racism will grow and continue to grow until we history repeats itself and we end up living under Jim Crow laws again. That is an extr! eme possibility to end up under Jim Crow laws again, but it is a definite possibility to end up somewhere close to Jim Crow laws again. &nb... ...nexperienced people to do work they're not qualified for. In conclusion, affirmative action is just wrong. Affirmative action should be abolished, such an unlawful thing shouldn't even be considered in the United States. If we allow affirmative action to proceed, we are just proving to ourselves that we endorse and accept discrimination in the workplace. There is absolutely no reason why it should exist. Affirmative action lends a bad name to the United States of America. Others may view our fine country as a country with people that are so irresponsible the government has to lower its standard just to get people jobs (DeWit 1996, 2). This indicates that affirmative action should be outlawed because it has no place in our fine country.

Mark Company Executive Summary Essay

Analysis Analyzing Mark X Company’s financial statements and projecting the expected numbers for the coming years we make a decision on whether or not Mark X Company qualifies for the loan extension of $6,375,000. The strength of Mark X as a company is its fixed assets turnover ratio, which rose from 1990 to 1992. This tells us Mark X’s ability to generate net sales from each addition of a fixed asset. Sales generated from the fixed assets are greater than the costs of the fixed assets, which imply that the fixed assets that were purchased are good investments for the company. This is really the only positive ratio they have at the moment. Weaknesses we found in Mark X were its debt ratio, which increased from 40.47% in 1990 to 46.33% in 1991 and from 46.33% to 59.80% in 1992. This shows us Mark X’s amount of debt relative to its assets is increasing and that its debt is equal to more than half of its assets by 1992. The current ratio and quick ratio has also indicated ne gative change, both decreasing between 1990 and 1992. The current ratio is a liquidity ratio that measures a company’s ability to pay short term obligations, while the quick ratio shows a company’s ability to pay its short-term obligations with its most liquid assets. Both ratios are steadily decreasing, indicating to us the position of the company has become less and less favorable. The company’s asset management ratios also show decreasing numbers. The inventory turnover ratios have decreased as well as the total asset turnover. This explains the number of times a company’s inventory is sold and replaced during a period. The company’s days sales outstanding (ACP) also rose from 36.00 in 1990 to 53.99 in 1992. This shows us that Mark X’s average number of days to collect revenues after a sale has increased. This number is unfavorable because this means the company’s cash is tied up in accounts receivable for longer period. The profit margin ratio also fell from 5.50% in 1990 to 3.44% in 1991, and then from 3.44% to  0.39% in 1992. This is a ratio of profitability calculated as net income divided by revenues, showing us that the company’s profitability has dropped substantially. Similarly, the gross profit margin and the return on total assets has decreased over the past three years, the gross profit margin dropping from 19.48% in 1990 to 14.76% in 1992, and the return on total assets dropping from 16.82% in 1990 to 0.79% in 1992. This shows us the company’s financial health has declined, and the proportion of money left over from revenues after accounting for cost of goods sold has decreased. The return on equity using the extended DuPont Equation shows how the ROE was 28.26% in 1990, and quickly fell to 1.95% in 1992, well below the industry average. Looking at the data from 1990-1992, we feel that the bank should not lend the requested money to Mark X. Based on their data’s ratio-analysis; the companies leverage and liquidity are both dropping. The liquidity ratios show that not only does Mark X have problems obtaining cash, but these problems have been getting worse. Notice that their current assets consist of a very high percentage of inventories. This will make the task of converting its current assets into cash in a short period of time difficult. The leverage ratios show that their debt levels are not only extremely high, but they are only getting worse. Its TIE ratio is decreasing also; showing that Mark X’s ability to pay interests is decreasing. The problems do not stop there. Their efficiency ratios indicate that even though their fixed assets are increasingly being used to promote sales during 1990 and 1991, which is shown by their fixed asset turnover ratio, the decreasing total assets turnover ratio shows that Mark X’s total assets are not being efficiently used, so their overall asset management is becoming less efficient. Finally, their profitability ratios are showing that their ability to generate profit is decreasing. One of the major factors in the possible denial of the new loan is the lack of payments on their short term loans. Mark X could pay off their outstanding short-term loans by the end of 1993. The 1993 forecasted balance sheet shows a cash balance of $35,874 (all  dollar values in thousands). Their current outstanding short term bank loans are projected to be $24,608. Assuming that the company can survive on a cash balance of $11,266, it would be possible for Mark X to pay off all the short term debt by the end of the year. There is a potential that the bank could withdraw its line of credit and demand immediate repayment of the two existing loans. If that happens, Mark X has very limited plans of action. If the bank were to demand immediate payment of all outstanding loans, Mark X would have a real mess on their hands. They would need to make payments of $18,233 for the short term debt and $9,563 for the long term debt. This means that Mark X would need to pay $27,796 within a period of 10 days. Their total ending cash at the end of the 1992 year is only $3,906 which would only be a small chunk of the outstanding loans. The company now would be forced to demand payment from their accounts receivables which are valued at $29,357 and would cover the total of the loan. However, they would need to collect the entire amount in under 10 days to pay the bank back. If they do not succeed in obtaining the $27,796, their only other option is file for bankruptcy. The validity of comparative ratio analysis could be considered questionable in a couple of different situations. The first thing is that there could be some uncontrollable changes and the second is that the companies are not comparable in size. Large businesses have the advantage of economies of scale. For example, a large company can have larger earnings per fixed asset because they have a much larger market share than a small company that uses the same technology. You should also be careful comparing different years without taking the state of the economy into consideration. In recessions, it would not be smart to compare the earnings per share to a previous year before the recession. This may make it possible to lay blame on the wrong reasons and not properly evaluate the state of the company. The ratios should be used to measure areas that are controllable by them. In the situation of a recession, there is nothing that the company can do about it. The sensitivity analysis is a technique that indicates how much NPV will change in response to a given change in an input variable, other things held  constant. We perform a sensitivity analysis to show how sensitive the results are to things such as the sales growth rate, the cost of goods sold percentage, and the administrative expense ratio. If the results don’t vary too much when a given variable is changed to a less favorable value, than the bank would have greater confidence in extending its line of credit. Based on the analyses, Karen should recommend the extension of the existing short and long term loans and grant the additional $6,375,000. We feel the loan should be given because the projections show substantial improvement in many areas of the financial statements. Cash on hand in 1993 alone significantly increases about $32 million. Accounts payable and receivable both show improvements while the ratios continue to recover and regain strength. The Altman Z score of Mark X is projected to rise well above the industry average reducing their chances of bankruptcy. Contractual requirements for current, quick and debt ratios should be changed to require a higher standard of financial security for the bank. During the first quarter after the grant of additional funds, the bank should also continue the requirement of quarterly financial statements and continue to calculate the key ratios and the trends in these ratios to identify any deficiencies. If improvements aren’t shown after the 1993 appropriate measures will be taken by the bank.

Othello as an Outsider Essays

Othello as an Outsider Essays Othello as an Outsider Paper Othello as an Outsider Paper Essay Topic: Othello In Shakespeare’s play â€Å"Othello† the character Othello is presented as an outsider to the events that are taking place amongst the other characters. He was excluded from what the truth holds and this caused his downfall, along with his jealous nature and stubbornness. To make things worse Iago’s cunning plans captures Othello into a downward spiral to his defeat. The sense of irony involved is regarded as a highly important technique that is repeated through out the play. As a stubborn and decisive man he was unable to discern from evil and good. His extreme jealous nature is a significant character trait in which plays a large roll in Othello’s actions. Othello is presented as an outsider to the events that take place throughout the play, this causes the drama and increased irony within the play. He is unaware of the conversations and relationships that are taking place between other characters such as Desdemona and Cassio. Being oblivious towards the truth and having an insecure nature he jumped to conclusion without attempting to sort out complications. His insecurities lead him to only trust the one and only â€Å"honest† Iago, without knowing he is trusting the wrong person he was manipulated. Due to the fact that Othello only believed in his â€Å"honest† Iago he was unable to make decisions that weren’t biased from the rumors which Iago convinced was true. Othello as an outsider came with difficulties due to the lack of trust he had with Desdemona, the lack of trust came from the insufficient amount of communication they had with each other. He placed a small amount of trust into his own wife compared to the trust he had give to â€Å"honest† Iago. This may have been due to his lack of communication with females during his military conflicts. The lack of knowledge of communication may have made it difficult for him to communicate with his wife. He may have learnt to never trust a woman in military situations but found it difficult to adjust into household situations. A fatal flaw that Othello had was the jealous nature in which he had. His high amount jealousy made it convenient for Iago to manipulate Othello through his cunning words â€Å"beware, my lord, of jealous: it is the green eyed monster†. Although he seems to be convincing Othello to be aware of jealousy he secretly wants Othello to turn jealous. By saying this it highlights the dramatic irony in which Iago challenges to destroy Othello’s success. His jealous nature and with the ocular proof before him he could not resist from planning his wife’s death â€Å"I’ll not expostulate with her, let her body and beauty unprovide my mind again†. This is enough to suggest Othello is a very stubborn and decisive man that does not liked to be questioned. Just like a General he will take responsibility for his actions and for his woman. His judgment and accusation that he made was unreasonable and he refused to listen to her explain to â€Å"unprovide my mind again†. Othello has a constant fear for his reputation that has been put into jeopardy by his wife. As a General he is highly regarded and if anyone were to find out of this cuckold he would be shamed in front of his army. In Act 2 Scene 3 Cassio foreshadowed Othello in the lost of his reputation, â€Å"I have lost the immortal part of myself†. The loss of reputation is seen as loosing a part of one’s self, Cassio was unable to bear the consequence of losing face in front of his general. He repeats the word reputation to emphasise the importance of his reputation in which he has lost. After the death of his wife in Act 5 Scene 2 he feels the shame in â€Å"one that loved not wisely, but too well†. Othello admits his weakness as a jealous man, which led him to kill himself from the truth of his actions. The trafficking of human beings from Africa to western countries was highly common in the time of Othello’s leadership of his men. This is a crucial point in which reflects on the concept of Othello as an outsider. Othello as an Arabian Moor was a slave in his past years â€Å"And sold to slavery†, this may have caused his low self-esteem and unconfident image. In Elizabethan times society’s attitudes towards Moors and different races were often very poor. It was clear that Moors like Othello were not welcome to a place in the Elizabethan social order. Shakespeare’s audience would have seen Othello and Desdemona’s marriage as an outrage. It would have caused the audience to perceive this as unusual because he is a black man. Others around him may have been jealous of his success like Iago, it was too much for him to accept which led him to feel the need to destroy Othello. Brabantio was too ashamed of his daughter’s decision to marry a Moor. It was seen as an unjustified action, Brabrantio’s reaction towards the marriage was very poor. This issue relates back to the theme of reputation and loss of face amount colleagues. Brabantio had lost face in front of the Duke and all the Senators of the State because of Desdemona. â€Å"Look to her, Moor, if thou hast eyes to see: She has deceived her father and may thee†, Brabantio is foreshadowing the reason of Othello’s downfall. As an Arabian Othello was unaware of Venetian customs and traditions. This played a major part in the play because of the uncertainties Othello had for his wife and himself. The uncertainties lead to a low self-esteem and knowledge about his wife, without knowledge of Venetian women it was hard for him to understand Desdemona. Through out the play Othello as in outsider had unfair stereotypes placed upon him, this proved to be a challenge for him. There was a constant fear of his reputation at stake, it was possible that he did not want to remain a slave for the Venetians. Shakespeare’s use of a black man as a main character of the play, this suggests that he disagrees with the stereotypical white man as the superior character. If Othello was not an outsider he may have been the superior protagonist of the play and there would not have been a downfall in his success.

Julius Caesars Character Analysis Brutus essays

Julius Caesar's Character Analysis Brutus essays Character Analysis on Julius Caesars The most favorite character of mine of Shakespeares Julius Caesar was Brutus. Although at times his trustworthiness was to the point of naivenss he was also the most moral character in the play. His leaderistic quality convinced him that the assassination of Caesar was the best thing to do for the public and for himself. Idealistic about nobility and honor (which was as a convincing point by other characters) he can almost be seen as a tragic hero. Perhaps one of the most admirable traits of Brutus was his morality. That never floundered in his decisions. His vacilitaty in between being part of the conspiracy or not was because of his moral standards. Killing a close friend was not in his wanting, but he determined it as the best for the public (another moral justification of joining the conspiracy). Yet another reason for the assassination of Caesar was that Brutus didnt want him to have all power because then he wouldnt have the same amount of power as he did now. That leadiristic or dictatorial quality in him leads him to also keep Cicero out because he wants the power reserved for himself. At that point in the play already Brutus has taken over the conspiracy and he isnt bad at it because even though everyone agrees to have Cicero in the conspiracy, Brutus objects and his decision alone stands over the three other conspirators. Brutuss trust in Cassiuss words and idea that he should be a conspirator takes over his indecisiveness and conscience to kill Caesar. Although Brutuss suicide proves that his head was making the decisions, not his heart. His idealism with nobility and honor lead other people to have a great point when convincing Brutus of doing something. For example, Cassius convinces him by telling him that Caesar shouldnt be more important when he says, W ...

Rollo the Walker - Scandinavian Founder of Normandy

Rollo the Walker - Scandinavian Founder of Normandy Rollo of Normandy was also known as Rolf, Hrolf or Rou; in French, Rollon. He was sometimes called Robert and was also known as Rollo the Viking.  It was said Rollo was too tall to ride a horse without his feet reaching the ground, and it was for this reason he was known as Rollo the Walker or Rollo the Gangler or Ganger.   What Was Rollo of Normandy Known for? Founding the duchy of Normandy in France. Although Rollo is sometimes called the first Duke of Normandy, this is somewhat misleading; he never held the title of duke during his lifetime. Occupations RulerMilitary Leader Places of Residence and Influence FranceScandinavia Important Dates Born: c.  860Died:  c. 932 About Rollo of Normandy Leaving Norway to embark on pirating expeditions and raid England, Scotland, and Flanders, Rollo headed into France around 911 and settled along the Seine, besieging Paris. Charles III (the Simple) of France was able to hold Rollo off for a while, but he eventually negotiated a treaty to stop him. The treaty of Saint-Clair-sur-Epte gave Rollo part of Nuestria in return for his agreement that he and his fellow Vikings would stop pillaging any further in France. It is believed that he and his men may have converted to Christianity, and it is recorded that he was baptized in 912; however, the available sources conflict and one states that Rollo died a pagan. Because the region was settled by Northmen or Normans, the territory took on the name Normandy, and Rouen became its capital. Before Rollo died he turned over the governance of the duchy to his son, William I (Longsword). A rather questionable biography of Rollo and other dukes of Normandy was written in the eleventh century by Dudo of St. Quentin. Three Sources on the Ravages of the Northmen in Frankland, c. 843 - 912includes information on Rollo from the Chronicle of St. Denis; at Paul Halsalls Medieval Sourcebook.

Country Music and Patsy Cline Annotated Bibliography

Country Music and Patsy Cline - Annotated Bibliography Example Ching's book has been found one of the chief resources in any researches relating to country music, and it is greatly effective in this study on the life and works of Patsy Cline. The book focuses on the various characteristics of country music including the importance of lyrics. The subject area incorporated in the book can be a useful in an understanding of Patsy's country music, particularly with regard to the lyrical qualities of her music. Therefore, this resource proves to be an added advantage to an investigation in Patsy's musical merits. This is one of the most useful collections of articles which deal with the various aspects in the life and works of Patsy Cline. The different articles in the edited version focus on some of the most essential features of Patsy's music. In one of such articles, Jensen points to teh quality of Patsy's music who celebrated country music to the fullest.