Friday, December 20, 2019

The Color Of Skin, Past Ancestry, And Place Of Living

No matter how alike people may be, segregation is a way of living. As humans we typically find ourselves separated into groups that we can identify with; from being athletic, to being artistic and even a person’s religion. Another path to separation taken by many is by a person’s race. One’s race can be described in a variety of ways; color of the skin, past ancestry, and place of origin. Discrimination is normally placed with race; this can either be a privilege or a disadvantage. A race can be described as a group of people identified as distinct from other groups because of supposed physical or genetic traits shared by the group. The color of one’s skin is the identifier that most of us use to distinguish ones race. The color of skin can reveal a lot about a person. It can tell about their origin. People in Northern Europe or Japan tend to have lighter skin than people whose ancestors are from sub-Saharan Africa or Australia because the difference in sun exposure. The more exposed ones skin is to the sun the darker it gets, along with the less exposed to the sun the lighter the skin. Ethnicity and race are uniquely tied together; they are however two separate concepts. Race has more to do with where a person originates while ethnicity has to do with one’s culture. Culture can be seen as a group of people’s traditions, customs or beliefs. Generally, with in separate cultures, the races of the people in the group are the same, not alw ays though. Consequently, mostShow MoreRelatedBeing Bi-Racial in the Book Desirees Baby Essay771 Words   |  4 Pagesaware of her biological parents ancestry. The chance a baby with both parents would be dropped off is not likely, but was probable with a single mother. A single mother knew there was little help to be found and the chances were short of a child having a proper upbringing socially and economically speaking. Desiree grew into a beautiful and gentle-hearted young woman and soon found a wealthy suitor asking for her hand. This young suitor had known of Desiree’s past but was in love and did not careRead MoreWhy Judge People Based On Their Skin Color968 Words   |  4 PagesWhy Judge People Based On Their Skin Color? You can never really know what ethnicity someone is based on physical appearance or his or her name. The article â€Å"Why Race Isn’t As â€Å"Black† and â€Å"White† As We Think† by Brent Staples, does a good job explaining that physical appearance is not always what it seems. The majority of people do not even realize they are a certain race. They do not take the time to get to know their ancestors. All people ever believe is what family members tell them about theirRead MoreAnalysis Of The Adventures Of Huckleberry Finn 1679 Words   |  7 Pagesvocalize his concerns about Tom’s silly plans, instead of going along with them as before. Without Tom Sawyer, we may not have ever seen Huck’s great character development throughout the story. 2. Central Conflict Adventures of Huckleberry Finn takes place in the Antebellum South. War has not come yet, but people have already begun to choose sides. Huckleberry Finn, still an innocent young boy, navigates his way throughout this turbulent time period. Because he, himself, is treated like a slave byRead MoreThe Slaughter of Native Americans and The Enslavement of African Americans940 Words   |  4 PagesRace is an issue that has impacted every person on Earth for the past few centuries; humans have been divided into different ‘labels’ based upon their physical appearance. Although race seemed like a good idea to categorize and distinguish people, these groupings have been used as a basis for hatred and oppression. Throughout the years, countries, governments, and individuals have utilized race as an excuse to exploit and abuse other people. According to the Stanford Encyclopedia of Philosophy, slaveryRead MoreUv Essay4421 Words   |  18 PagesNATIONAL CENTER FOR CASE STUDY TE ACHING IN SCIENCE The Evolution of Human Skin Color by Annie Prud’homme-Gà ©nà ©reux Life Sciences Quest University, Canada Part I Skin Cancer â€Å"Stop it!† called Tatiana, playfully. Her boyfriend, Zach, was inspecting her skin very carefully. â€Å"Look,† he answered her, his voice taking on a more serious tone. â€Å"Today a woman walked into the clinic for her annual physical. Everything about her seemed ne. She leads a balanced lifestyle, she eats well, she exercises:Read MoreThe Evolution of Human Skin Color4379 Words   |  18 PagesNATIONAL CENTER FOR CASE STUDY TEACHING IN SCIENCE The Evolution of Human Skin Color by Annie Prud’homme-Gà ©nà ©reux Life Sciences Quest University, Canada Part I – Skin Cancer â€Å"Stop it!† called Tatiana, playfully. 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Pecola tries to make herself disappear because she perceives her and is perceived by others as ‘too blackRead MoreThe Correlation Between Current Brazilian Beauty Standards And Racial Whitening1681 Words   |  7 Pagesthis reinforce westernized beauty standards and negative the natural beauty that these people possess. Another beauty norm in Brazil is plastic surgery. Originally, plastic surgery patients were primarily wealthy, White people. Conversely, in the past twenty years the number of plastic surgery procedures has skyrocketed in Brazil. As plastic surgery becomes more popular with all socioeconomic classes in Brazil, Black and mixed people are going under the knife in order to fit conventional BrazilRead More Intraracial Racism Essay1982 Words   |  8 Pagesethnic group, this notion is rarely considered by outsiders to the group. In recent years, I have experienced two examples of internal racism within a racial group. The first one deals directly with my identity as a Puerto Rican. Puerto Ricans living in the Island have a general view of those who have migrated and now live in the United States. In most cases, individuals have moved to the US searching for wider economic opportunities, mainly during the first half of the 20th century, when theRead MoreAfrican Americans During The Age Of Exploration1568 Words   |  7 PagesAfricans was the broad spectrum of definitions concerning Black identity. In the United States – after the age of exploration – Black was defined as anyone with African Heritage. European societies took into consideration the different shades of skin color and created different names for different shades. The forceful movement of African slaves to the Americas reached its height in the eighteenth-century. The transatlantic slave trade established the foundation for modern capitalism, and generated

Thursday, December 12, 2019

Quantitative model for performance evaluate - Myassignmenthelp.Com

Question: Discuss about the Quantitative model for performance evaluate. Answer: Introduction This report consists of the financial analysis of Myer Holdings Limited which evaluates how well company has performed throughout the time. Ratio analysis, share price movement analysis and other financial analysis tool have been used to determine the true performance of Myer Holdings Limited. Present description of the company Myer Holdings Limited is an Australian Departmental stores chain trading in all Australian states. The stock price of company is traded at MYR(ASX)A$0.640.00 (-0.78%). The CEO of company is Richard who takes all the strategic decisions for the company. Ownership and governance structure The CEO of company is Richard who takes all the strategic decisions for the company The Gary Barber is the key persons who work as manager of company (Mayer Holdings Company, 2015). Owner of company Highland Capital management- owned 25% shares Anchorage Capital Group (owned 25% shares) Solus Alternative Asset Management- owned (25%) Other shareholders- Owned- 25% ( Mayer Holdings Company, 2017) Performance ratio analysis of Myer Holding Limited This ratio analysis is used to analysis the relation between two financial data of company (Mayer Holdings Company, 2015). Calculation of ROA and ROE Myer Holding Limited Particulars (Amount in Million 2014 2015 2016 2017 AUD$ AUD$ AUD$ EBIT 142 58 74 23 Net profit 98 30 61 12 Total Assets 1,933 1,887 1,868 1,879.00 Total Liabilities 1,039 1,024 760 806 Shareholders' Equity 893 863 1,108 1,073.00 Computation of Return on assets 1. Rate of Return on Assets 2014 2015 2016 2017 A. Net income 98 30 61 12 B. Total assets 1,933 1,887 1,868 1,879 (A/B) 5.07% 2% 3% 1% Interpretation It is considered that return on total assets of company is decreasing throughout the time. It is not good indicator for the company. Company has decreased its return on assets from 5.07% to 1% since last four years. Computation of Return on equity 2. Rate of Return on Equity 2014 2015 2016 2017 A. Net income available to equity shareholders. 98 30 61 12 B. Shareholders Equity 893 17,981 1,108 1,073.00 (A/B) 10.97% 0.17% 5.51% 1.12% Interpretation It is analysed that return of equity of company has went down by 90% which is not good for the business of Mayer Holding. The rate of return on equity of company has went down to 1.12 % in 2017 as compared to 10.97% return shown in 2014 (Brigham and Ehrhardt, 2013). Computation of Debt to equity 3. Debt Ratio 2014 2015 2016 2017 A.Total Liabilities 1,039 1,024 760 806 B. Total assets 1,933 1,887 1,868 1,879.00 (A/B) 54% 54% 41% 43% Interpretation Company has decreased its debt to equity ratio to 43% in 2017 which is 10% lower than the debt ratio shown in 2014. Mayer Holding Company has decreased its debt ratio with a view to reduce its financial leverage. However, it will eventually increase the overall cost of capital of company. Proving the equation This equation is done with a view to satisfy both sides of formula. Providing equation 2014 2015 2016 2017 Net profit After tax/OE 0.10974 0.034762457 0.05505 0.01118 EBIT/TA*NPAT/EBIT*TA/OE 0.10974 0.034762457 0.05505 0.01118 (Please see the excel sheet for the proper calculation) This equation hence proofed the calculation given above is true and fair. Comparison of share price movement of Mayer Holding with the all ordinary index Comparison of share price movement of Mayer Holding with the all ordinary index It is considered that all ordinary index movement since last two years is negative. However, Mayer holding company has reflected stable share price movement in spite of sluggish market conditions. Therefore, it is good indicator for the company that as compared to movement of share price of all ordinary indexes, Mayer Company has performed very well (Yahoo finance, 2017). All ordinary index share price has very high fluctuation which is negative indictor for the business (Mayer Holdings Company, 2017). Announcements In 2017, Company has reduced its overall return on capital employed and increased its overall cost. Company has no fluctuation in its share price and reduced its capital investment in its own business with a view to save it from the sluggish market condition (Mayer Holdings Company, 2017). Research via internet Stock information and Beta valuation The value of beta is calculated from the data fetch from Yahoo finance i.e. .15 Regression Statistics Multiple R 0.045307898 R Square 0.002052806 Adjusted R Square -0.04330843 Standard Error 310.4423703 Observations 24 ANOVA df SS MS F Significance F Regression 1 4361.39 4361.39 0.045255 0.833495333 Residual 22 2120238 96374.47 Total 23 2124600 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept 0.134989975 0.218447484 0.617951611 0.542951979 -0.31804238 0.588022329 -0.31804238 0.588022329 X Variable 1 -8.193293 3.85147E-05 -0.212731339 0.833495333 -8.8068E-05 7.16814E-05 -8.8068E-05 7.16814E-05 The beta value is -.8. The value of the beta is negative as the share price movement of all ordinary indexes is highly negative. Therefore, market premium of company will also be negative. Computation of required rate of return by using CAPM method E(R) = E(R) = Expected rate of return = Risk free rate of return = Beta = Market Risk Premium (Zhu, 2014). Calculation of Required rate of return Risk free rate (A) 4% Beta (B) -8.193293 Market Risk premium (C) 6% Required rate of return [A+(B*C)] -45.16% (Please see the excel) The required rate of return of company is -45 It is negative as the beta of company is highly negative (Mayer Holdings Company, 2017). Determination of conservative investment It is evaluated that company has reduced its return on capital employed throughout the time. In addition to this, company is aggressive in its investment decision. It is diversifying its business by adopting aggressive investment style. Mayer Holding is less interested in plugging back of its profit in its present business due to sluggish market conditions. Mayer Company has very low return in its business. Therefore, in order to increase the value of equity shareholders capital, it has planned to increase its investment amount (Laudon, and Traver, 2013). Weighted Average Cost of Capital (WACC) Cost of equity (calculated above using CAPM Cost of equity (calculated through CAPM) = -45.16% Cost of Debt = 0% WACC = Cost of debt (interest rate after tax) + cost of equity WACC Capital Amount Cost of capital % of portion WACC Equity 1879 0 (It is stated in negative) 0.8548681 0 Debt 319 2.41% 2.41 2.41 Total capital 2198 WACC 2.41 The cost of debt of company is computed after deducting the tax rate of company (Mayer Holdings Company, 2016). Implications that a higher WACC on investment decision After evaluating the WACC of the company, it is evaluated that company has negative WACC in its business. It is evaluated that if company has higher WACC then it will show negative impact while selecting the particular project. In addition to this, Negative WACC will reduce the return on capital employed of company in determined approach. Management of company needs to evaluate that less WACC of company is the good indicator for the investment purpose of company. However, return on capital employed and adopting project investment decision is highly based on the WACC of company. The less WACC more positive it would be for organization. Consideration of debt ratio for the company Appear to stable It is considered that company has reduced its debt ratio throughout the time. However, company has decreased in its overall profit. Therefore, in order to save company from all the negative business factors, company has reduced its debt portion. 3. Debt Ratio 2014 2015 2016 2017 A.Total Liabilities 1,039 1,024 760 806 B. Total assets 1,933 1,887 1,868 1,879.00 (A/B) 54% 54% 41% 43% Company has decreased its debt to equity ratio to 43% in 2017 which is 10% lower than the debt ratio shown in 2014. Mayer Holding Company has decreased its debt ratio with a view to reduce its financial leverage. Gearing ratio discussion It is observed that company has effective gearing ratio of company has increased. The increase in gearing ratio is not a good indicator for the business success. Company has increased its gearing ratio to 48% in 2017 which is 300% higher as compared to data shown in 2014. This gearing ratio reflects how company has managed its business in context with its EBIT and interest payment. Company has strong gearing ratio which is good indicator for the organization (Mayer Holdings Company, 2014) Gearing Ratio 2014 2015 2016 2017 Gearing Ratio 16% 26% 15% 48% Divided policies of company Company has adopted profit based dividend policies. Company has increased its dividend amount on the basis of increased profit throughout the time. In addition to this, it has not given any single amount of dividend at the time when Mayer was having no profit. The dividend policies of company is determined on the basis of profit earned by company and dividend offered to its shareholders. It is considered that dividend policy should be positive as company having strong dividend policies would be highly attracted to clients in market. Letter of recommendation After evaluating the details, data of company, it is considered that Mayer Holdings Company has suffered high amount of loss in its overall profit throughout the time. The net profit of company has gone down by at least 30% since last four years. In addition to this debt to equity ratio has also went down which is good indicator. Since last four year, there is no fluctuation in share price and kept its price stable. IT has offered very less return to its shareholders. After evaluating the results calculated above, it could be inferred that company has maintained stable business which put negative impact on its capital value creation. It has also reduced the value of its core investment. Investor who wants to invest money in Mayer Holding Company can invest, but the investment should be for long run for creating value on their investment. Conclusion There are several financial analysis tools which could be used to evaluate the business performance of company. It is considered that Mayer Holding Company has stable business and offered less return to investors. Therefore, investors who want to invest money in Mayer Holding Company can invest, but the investment should be for long run for creating value on their investment. Now in the end, it could be inferred that Mayer Holding Company has been facing several problems in its business which has resulted to negative outcome for the company. References Brigham, E.F. and Ehrhardt, M.C., 2013.Financial management: Theory practice. Cengage Learning. Laudon, K.C. and Traver, C.G., 2013.E-commerce. Pearson Mayer Holdings Company, 2015, annual report, Retrieved on 29th November, 2017 from https://www.irasia.com/listco/hk/mayer/annual/index.htm Mayer Holdings Company, 2016, annual report, Retrieved on 29th November, 2017 from https://www.irasia.com/listco/hk/mayer/annual/index.htm Mayer Holdings Company, 2017, annual report, Retrieved on 29th November, 2017 from https://www.irasia.com/listco/hk/mayer/annual/index.htm Mayer Holdings Company, annual report, Retrieved on 29th November, 2017 from https://www.irasia.com/listco/hk/mayer/annual/index.htm Yahoo finance, 2018 retrieved on 19h January from https://in.finance.yahoo.com/ Zhu, J., 2014.Quantitative models for performance evaluation and benchmarking: data envelopment analysis with spreadsheets(Vol. 213). Springer

Wednesday, December 4, 2019

Middle East And Canada Essay Example For Students

Middle East And Canada Essay Introduction In December 1985, the Canadian press reported the death by suicide of hundreds of field mice in the Middle East. In an apparently instinctive reaction to a problemof over-population, the mice wilfully plunged to their doom off the cliffs of the Golan Heights. This bizarre story was the subject not only of straight news coverage inthe Canadian press, but also of an editorial in the Globe and Mail on December 20. On November 1, 1985, the Globe and Mail also ran a photograph of a visitingRoman Catholic priest from Brazil, saying prayers on the banks of the Jordan River at the site where Christ is said to have been baptized. Standing alertly near thepriest was an Israeli soldier with a rifle slung over his shoulder, his eyes carefully scanning Jordanian territory across the river. For the analyst of the media and media image-making, these rather unusual press items raise an interesting question about news selection and presentation by theeditorial departments of the daily pr ess. Had the mice toppled off Mount Kilimanjaro would this essentially scientific story about animal behaviour have found its wayso prominently into the Canadian press? Had the priest been peacefully saying mass on the Mattawa would this religious item have been deemed worthy ofcoverage? Or was it the newspapers sense of the irony of these events, of their news value as symbols depicting the pervasive conflict and violence we have cometo associate with the Middle East that led to their selection for publication from the reams of teletype endlessly flowing into the editorial departments of the Canadianpress? It would seem that even when the subject matter is scientific or religiousabout mice or monsignorsthe press is inclined to remind its readers of theinherently violent nature of the Middle East, and a fundamentally negative image is developed or reinforced. It is, Canadians are told in effect, a region so bleak andhopeless that even its despairing mice are driven to take their liv es. The purpose of this study is to examine in an empirical fashion Canadian daily press coverage of the Middle East to establish, inter alia, what type of image of theregion and of its principal actors (Israel, the Palestinians and the Arab states) is, in fact, presented to the Canadian reader and what impact, if any, the character ofthat coverage has had on the shaping of Canadian foreign policy. Hypotheses and Methodology A review of the existing, limited literature on Canadian media coverage of the Middle East together with the more extensive literature on the Canadian media andinternational affairs generally led us to advance five hypotheses to test in our study of press coverage of the Middle East: (1) It was anticipated that treatment of the region would be relatively substantial, given the prominence of Middle East events in the context of East-West relationsand issues of global peace and security, and that the predominant coverage would be of Israel, the Palestinians, Egypt and Lebanon because of their central role inMiddle East conflict (Hackett, 1989; Keenleyside, Soderlund, Burton, 1985; Kirton, Barei, Smockum, 1985; Sinclair, 1983). (2) It was expected that there would be relatively limited coverage of Canadian relations with the Middle East unless some specific development, most likely withinCanada, prompted attention to the region (Cumming, 1981; Keenleyside, Soderlund, Burton, 1985; Kirton, Barei, Smockum, 1985; Schroeder, 1977). (3) Conflict rather than cooperation, it was hypothesized, would be the dominant orientation of the press with articles focusing on political divisions, disasters,violence and war rather than on softer news related to such subjects as culture, education and development (Cuthbert, 1980; Dewitt Kirton, 1989; Hackett,1989; Inyang, 1985; Onu, 1979; Schroeder, 1977; Sinclair, 1983). (4) On the perennial subject of bias towards Israel or the Arab states and the Palestinians, it was expected that, while the press would b e critical of the party deemedresponsible for any specific violent acts, it was likely to show reasonable balance even at such times on the central issue of a resolution of the Palestinian question. (5) Finally, many authors have noted the potential relevance of media coverage to the making of foreign policy, particularly in terms of setting the policy agenda andshaping public opinion which, in turn, establishes the .ua3f8f6375db2c05e27d9991a503a1720 , .ua3f8f6375db2c05e27d9991a503a1720 .postImageUrl , .ua3f8f6375db2c05e27d9991a503a1720 .centered-text-area { min-height: 80px; position: relative; } .ua3f8f6375db2c05e27d9991a503a1720 , .ua3f8f6375db2c05e27d9991a503a1720:hover , .ua3f8f6375db2c05e27d9991a503a1720:visited , .ua3f8f6375db2c05e27d9991a503a1720:active { border:0!important; } .ua3f8f6375db2c05e27d9991a503a1720 .clearfix:after { content: ""; display: table; clear: both; } .ua3f8f6375db2c05e27d9991a503a1720 { 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; } .ua3f8f6375db2c05e27d9991a503a1720:active , .ua3f8f6375db2c05e27d9991a503a1720:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ua3f8f6375db2c05e27d9991a503a1720 .centered-text-area { width: 100%; position: relative ; } .ua3f8f6375db2c05e27d9991a503a1720 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ua3f8f6375db2c05e27d9991a503a1720 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ua3f8f6375db2c05e27d9991a503a1720 .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; } .ua3f8f6375db2c05e27d9991a503a1720:hover .ctaButton { background-color: #34495E!important; } .ua3f8f6375db2c05e27d9991a503a1720 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ua3f8f6375db2c05e27d9991a503a1720 .ua3f8f6375db2c05e27d9991a503a1720-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ua3f8f6375db2c05e27d9991a503a1720:after { content: ""; display: block; clear: both; } READ: Chaucer Essay