Ratification of the Constitution Essay Example for Free

Ratification of the Constitution Essay When the new Constitution was proposed in the year 1787, many arguments arose that opposed its ratification. When the framers of the Constitution met on the 17th of September that year, they asked every state to call a special convention that would take into consideration the ratification of the new constitution. This was all for the purpose of a new government for the thirteen United States of America. All of the major arguments that surfaced in opposition to the new constitution did have reason behind them, but there were still many reasons to justify the ratification of the new Constitution that would create a new US government. At the time, Americans felt that their loyalty to the state governments would keep them from ratifying the new Constitution. As spoken about in Document A, such a vast territory, as the 13 colonies were, cant be governed by one government only but need several small state governments instead. If it were to be governed fully by one government it would no dubitably become a dictatorship. And according to Document B, A very expensive territory cannot be governed on the principles of freedom, otherwise then by a confederation of republics, posing all the powers of internal government; but united in the management of their general, and foreign concerns. This means that one government for all the 13 states would not be sufficient to properly govern on the principles of freedom without help from a confederation of republics. Those who opposed the Constitution also feared the strong central government it would come to create. In Document A, Patrick Henry said in his speech to the Virginia ratifying convention on June 9 of the year 1788, In the British government there are real balances and checks: in this system there are only ideal balances. Till I am convinced that there are actual efficient checks, I will not give my assent to its establishment. By this, Henry meant that until the lines are clear that there are real balances and checks in this new system, he will not support the ratification of this new constitution. Document D shows George Clintons words In Opposition to Destruction of States Rights. Clinton has said The premises which the new form of government is erected, declares a consolidation or union of all thirteen parts, o r states, into one great whole, under the firm of the United States Here he means that The result of one government over all nations will end as a house divided against itself. And in Document G, James Madison  states that the greater number of citizens and extent of territory which may be brought within the compass of republican then of democratic government; Extend the sphere, and you take in a greater variety of parties and interests; you make it less probable that a majority of the whole will have a common motive to invade the rights of other citizens; or if such a common motivate exists, it will be more difficult for all who feel it to discover their own strength, and to act in unison with each other. Madison pointed out that a main central government over the thirteen states would not function properly if the states did not all share a common motive, and if they did, there would still be struggles in acting in unison together. These three main arguments that rose up in opposition to the new constitution that was proposed in 1787 all have fair reasoning behind them. The new government for the thirteen United States of America was meant to unify the country as a whole and set up a way for it to function as one nation. The framers of the Constitution clearly supported its ratification while the states debated whether or not to support it. When in July, 1788, New Hampshire became the ninth state to ratify the constitution, the Federalists soon proposed a Bill of Rights to be added. After approved by the states, 10 of the 12 amendments became the Bill of Rights and with this, the ratification of the Constitution was complete. The thirteen United States of America now had a new government Document A Source: Patrick Henry, speech to the Virginia ratifying convention, June 9, 1788 I am persuaded of what the honorable gentleman says, that separate confederacies will ruin us. In my judgment, they are evils never to be thought of till a people are driven by necessity. When he asks my opinion of consolidation, of one power to reign over America with a strong hand, I will tell him I am persuaded of the rectitude of my honorable friends opinion, (Mr. Mason,) that one government cannot reign over so extensive a country as this is, without absolute despotism. Compared to such a consolidation, small confederacies are little evils; though they ought to be recurred to but in case of necessity†¦.In the British government there are real balances and checks: in this system there are only ideal balances. Till I am convinced that there are actual efficient checks, I will not give my assent to its  establishment. The President and senators have nothing to lose. They have not that interest in the preservation of the government that the king and lords have in England. They will, therefore, be regardless of the interests of the people. Document B Source: The Address and Reasons of Dissent of the Minority of the Convention of Pennsylvania to their Constituents, December 12, 1787 We dissent, first, because it is the opinion of the most celebrated writers on government, and confirmed experience, that a very extensive territory cannot be governed on the principles of freedom, otherwise than by a confederation of republics, possessing all the powers of internal government; but united in the management of their general, and foreign concerns†¦.The first consideration that this review suggests, is the omission of a BILL of RIGHTS, ascertaining and fundamentally establishing those unalienable and personal rights of men, without the full, free, and secure enjoyment of which there can be no liberty, and over which it is not necessary for a good government to have the control. The principal of which are the rights of conscience, personal liberty by the clear and unequivocal establishment of the writ of habeas corpus, jury trial in criminal and civil cases, by an impartial jury of the vicinage or county, with the common law proceedings, for the safety of the accused in criminal prosecutions, and the liberty of the press, that scourge of tyrants, and the grand bulwark of every other liberty and privilege; the stipulations heretofore made in favor of them in the state constitutions, are entirely superceded by this constitution. Document C Source: The Debates In the Convention of the State of New York, On the adoption of the Federal Constitution, June 17, 1788. He would now proceed to state his objections to the clause just read, (section 2, of article 1, clause 3.) His objections were comprised under three heads: 1st, the rule of apportionment is unjust; 2d, there is no precise number fixed on, below which the house shall not be reduced; 3d, it is inadequate. In the first place, the rule of apportionment of the representatives is to be according to the whole number of the white inhabitants, with three fifths of all others; that is, in plain English, each state is to send representatives in proportion to the number of freemen, and three fifths of the slaves it  contains. He could not see any rule by which slaves were to be included in the ratio of representation. The principle of a representation being that every free agent should be concerned in governing himself, it was absurd in giving that power to a man who could not exercise it. Slaves have no will of their own. The very operation of it was to give certain privileges to those people who were so wicked as to keep slaves. He knew it would be admitted that this rule of apportionment was founded on unjust principles, but that it was the result of accommodation; which, he supposed, we should be under the necessity of admitting, if we meant to be in union with the Southern States, though utterly repugnant to his feelings. Document D Source: George Clinton, In Opposition to Destruction of States Rights The premises on which the new form of government is erected, declares a consolidation or union of all thirteen parts, or states, into one great whole, under the firm of the United States But whoever seriously considers the immense extent of territory comprehended within the limits of the United States, together with the variety of its climates, productions, and commerce, the difference of extent, and number of inhabitants in all; the dissimilitude of interests, morals, and politics in almost every one, will receive it as an intuitive truth, that a consolidated republican form of government therein, can never form a perfect union, establish justice, insure domestic tranquillity, promote the general welfare, and secure the blessings of liberty to you and your posterity, for to these objects it must be directed: this unkindred legislature therefore, composed of interests opposite and dissimilar in nature, will in its exercise, emphatically be like a house divided against itself Document E Source: Brutus, New York Journal, January 10, 1788 The power to raise armies, is indefinite and unlimited, and authorises the raising forces, as well in peace as in war. Whether the clause which impowers the Congress to pass all laws which are proper and necessary, to carry this into execution, will not authorise them to impress men for the army, is a question well worthy consideration? If the general legislature deem it for the general welfare to raise a body of troops, and they cannot be procured by voluntary enlistments, it seems evident, that it will be  proper and necessary to effect it, that men be impressed from the militia to make up the deficien cy. Document F Source: Noah Webster, â€Å"An Examination into the Leading Principles of the Constitution October 10, 1787 â€Å"Congress likewise are to have the power to provide for organizing, arming, and disciplining the militia, but have no other command of them, except when in actual service. Nor are they at liberty to call out the militia at pleasure—but only, to execute the laws of the union, suppress insurrection, and repel invasions. For these purposes, government must always be armed with a military force, if the occasion should require it; otherwise laws are nugatory, and life and property insecure.† Document G Source: James Madison, Federalist No. 10, November 22, 1787  the greater number of citizens and extent of territory which may be brought within the compass of republican than of democratic government; and it is this circumstance principally which renders factious combinations less to be dreaded in the former than in the latter. The smaller the society, the fewer probably will be the distinct parties and interests composing it; the fewer the distinct parties and interests, the more frequently will a majority be found of the same party; and the smaller the number of individuals composing a majority, and the smaller the compass within which they are placed, the more easily will they concert and execute their plans of oppression. Extend the sphere, and you take in a greater variety of parties and interests; you make it less probable that a majority of the whole will have a common motive to invade the rights of other citizens; or if such a common motive exists, it will be more difficult for all who feel it to discover their own strength, and to act in unison with each other. Document H Source: U.S. Congress, Preamble to the Bill of Rights, March 4, 1789 THE Conventions of a number of the States, having at the time of their adopting the Constitution, expressed a desire, in order to prevent misconstruction or abuse of its powers, that further declaratory and restrictive clauses should be added: And as extending the ground of public confidence in the  Government, will best ensure the beneficent ends of its institution. RESOLVED by the Senate and House of Representatives of the United States of America, in Congress assembled, two thirds of both Houses concurring, that the following Articles be proposed to the Legislatures of the several States, as amendments to the Constitution of the United States, all, or any of which Articles, when ratified by three fourths of the said Legislatures, to be valid to all intents and purposes, as part of the said Constitution; viz. ARTICLES in addition to, and Amendment of the Constitution of the United States of America, proposed by Congress, and ratified by the Legislatures of the several States, pursuant to the fifth Article of the original Constitution.

Doxorubicin for Drug Delivery in Cancer Treatment

Doxorubicin for Drug Delivery in Cancer Treatment Jobin Baby Title – Nanoparticles (Doxorubicin) for drug delivery in cancer treatment Layman-friendly summary – My aim for this research is to eliminate all traditional treatment used for cancer treatment and introduce nanoparticles as new carrier for drug delivery for cancer treatments. Cancer treatments such as administering toxic drug through injecting/orally doesn’t specifically target cancerous cells but causing the toxic drug go through the bloodstream. This causes cell toxicity by diffusing toxic drug from the bloodstream to the cells. Nanoparticles coated with drugs that can be specifically targeted on to the desired cancer cell. Nanoparticles are small structures that is usually range from sizes between diameter 1-100 nm. Scientific summary – Nanoparticle enter the cell by receptor mediated endocytosis. Nanoparticle is engulfed/wrapped around by membrane a process called endocytosis. The interaction of the membrane and the nanocarriers allows for penetration of the cell by endocytosis. At time nanoparticle slip or penetrate in to the cell membrane and it adheres in to the cell. The nanoparticle containing the drug responds directly to the cell containing cancer and terminates it. Introduction – Cancer is the most dangerous disease. To treat cancerous cell toxic drugs are injected in to the blood stream to kill the cancer cell. But toxic drugs diffuse in to the cell from the bloodstream causing other cells to be toxic. So to minimize diseases/toxicity to other cell or cell membrane nanoparticles should be introduce. Nanoparticles attack on specific cells that causes cancer. Nanoparticles are used to reduce risk of toxicity and side effects of the drug. Doxorubicin nanoparticles binds to specific site of cancer cell and initiate/penetrates inside the cancer cell and breaks open to kill the cancerous cell. Nanoparticles have a relatively large surface which is able to bind, adsorb and carry other compounds such as drugs, probes and proteins (Wim H De Jong, 2008). Cancer is demonstrated as uncontrollable cell growth. Cancer starts when damaged or unused cells start too dived uncontrollably it grows in numbers or doubles so it’s impossible to stop when it spreads around t he body. To stop uncontrollable division of cancerous cell we should react faster. Administering using injection or orally the time taken to react to this cancerous cells is too late so, using nanoparticles its time efficient and its reacts directly with the cancerous cell. A drug is transported to the place of action, hence, its influence on vital tissues and undesirable side effects can be minimized (Wilczewska AZ, 2012). Nanoparticles are used for drug targeting. So, when reaching to the intended diseased/cancerous site in the body the drug carried in the nanoparticle needs to be released. So for drug delivery biodegradable nanoparticle formulations is needed as its intention is to release the drug and react to the cancerous cell. Nanoparticles and their payloads have also been favourably delivered into tumors by taking advantage of the pathophysiological conditions, such as the enhanced permeability and retention effect and the spatial variations in the pHà ¢Ã¢â€š ¬Ã¢â‚¬ ¦value (Dr. Tianmeng Sun, 2014). Various nanostructures like polymers, silicon and magnetic nanoparticles have been tested as carriers in drug delivery systems. Like polymers it uses this system where drug is coated on to the polymer and is administered form the mouth to react to the tumor cell. Polymer is a biodegradable substance. So it biodegrades as time goes on. It doesn’t stay in the body so it causes less damage to the cell cause cell toxicity is reduces. It is the same for nanoparticles it provides its function and then degrades causing no further toxicity to the cells. NPs can be used to safely and reliably deliver hydrophilic drugs, hydrophobic drugs, proteins, vaccines, and other biological macromolecules in the body. They can be specifically designed for targeted drug delivery to the brain, lungs, tumor cells and spleen (Singh, 2011). Methodology – Ten experimental rats containing cancerous cells kept under controlled condition Experimented on different rats with different stages of cancer The experiment was led under cleanroom because no contaminants enter and contradict the results. Nanoparticle (DOX) containing drug is placed on five rats Other five rats is undergone chemotherapy and its administered by injecting Every 24hrs results were recorded for 3 months Cell toxicity will be recorded by taking sample of blood from the rat every 48hrs The test subjects will be monitored for unusual behaviour for any side effects suffering from the nanoparticle injected in to the body or from the chemotherapy 4 hrs per chemotherapy was led. The treatment was led every three weeks for 3 months on rats. The lab and the result is checked by three competent authority After three months the rats under controlled environment will be checked for possibility of cancerous cell. If the results turned out as plausible, clinical trials is likely to happen. Grant chart – Expected outcomes – The outcome delivering nanoparticle containing the drug. A tumor marker is substance found in the body tissues that can be elevated only in cancer cells. Oncomarkers is the signature of a cancer cell and modern nanoparticles developed to conjugate to various molecular markers. Doxorubicin (DOX) is the most efficient anti-cancer drug. That’s why nanoscale capsule can deliver DOX only inside cancer cells using oncomarker signatures. It consists of a DNA-or origami shell covered by immune factors with molecular binding sites on its surface (Franà §ois Perreault, 2015). Nanoparticle delivery starts form bloodstream. DOX nanoparticles penetrate inside the cancer cell due to cancer markers on its surface. When nanocapsule conjugated with several markers its DNA-origami shell opens releasing DOX inside the cell. DOX successfully delivered. The cancer cell dies due to DOX direct delivery. So it’s expected using DOX direct delivery cancerous cell from the rats is eliminates/ter minated. DOX delivery will be expected to be faster and time efficient whereas chemotherapy will be slower. DOX delivery is expected to terminate cancerous cells but using chemotherapy it is expected that cancer cells is likely to be back or not all cancer cells are dead Budget – Staff salary 3 staff â‚ ¬21 per hour, 40 hrs in 2 weeks in a month so 6 weeks (240hr) in 3 months Per person â‚ ¬5040 3 person total â‚ ¬15,120 Clean room Clean room â‚ ¬18000 for 3months from February to March Total= â‚ ¬18000 Equipment Budget Malvern instrument â‚ ¬540 Nanosight analyser- â‚ ¬2750 Laboratories instrument â‚ ¬600 Total= â‚ ¬3890 Test Rats 10 Test rats â‚ ¬1000 each Total= â‚ ¬10000 Travel Budget â‚ ¬2000 travel expense for conference meeting in Boston Massachusetts Total â‚ ¬2000 Total budget needed = â‚ ¬49,010 Plans for dissemination – Once this research is completed this will be placed on scientific journal, newspapers, article and social media websites. This research will be approved to do clinical trials on real patients suffering from cancer. Scientific posters will be placed outside science conventions in Ireland and UK. A conference will be held on 27th September for science breakthrough and I will be presenting about my research and how it benefits in the future. Findings of my research will be presented on graphs and on excel to allow people to visualize my research. To spread news around hospitals, research will be published on local newspapers. Bibliography Dr. Tianmeng Sun, D. Y. (2014). Engineered Nanoparticles for Drug Delivery in Cancer Therapy. Angewandte Chemie International Edition, 12320–12364. Franà §ois Perreault, A. F. (2015). Environmental applications of graphene-based nanomaterials. Chemical Society Reviews. Singh, A. M. (2011). Biodegradable nanoparticles are excellent vehicle for site directed in-vivo delivery of drugs and vaccines. Journal of Nanobiotechnology, 9-55. Wilczewska AZ, N. K. (2012). Nanoparticles as drug delivery systems. 1020-1037. Wim H De Jong, P. J. (2008). Drug delivery and nanoparticles: Applications and hazards. Int J Nanomedicine, 133–149.

Methods of Investment Appraisal and Financial Statement Analysis

Methods of Investment Appraisal and Financial Statement Analysis The purpose of this report is to assess various method of investment appraisal and financial statement analysis and and finaly recommendation on choosing stratefic portfolio. Task 1 Forcasting There are various to forecast from the past result and find out what is going to happen future The simplest method for forcasting revenue and cost through time series analysis with simple moving average for example Using moving average the forcast for next months will be Forcast jan+febà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦..to dec divided by 12 months and answer is for July the forcast would be 31.58 or 32 and so on. Trend is systermatic (gradual) increase or decrease in average over time while seasonal forcasting is the predictable short term cycling behaviour for whatever reason day month week etc For example assume the following market share of tesco in the next year Seasonal Factor Average Seasonal factor Month 2007 2006 2007 2006 Jan 31 30.6 1.02 1.02 1.02 Feb 32 30.4 0.99 1.03 1.01 Mar 35 30.6 0.91 1.02 0.96 Apr 33 31 0.96 1.01 0.98 May 31 31.4 1.02 0.99 1.01 Jun 29 31.5 1.10 0.99 1.04 Jul 30 31.6 1.06 0.99 1.02 Aug 31.4 31.4 1.01 0.99 1.00 Sep 33.1 31.2 0.96 1.00 0.98 Oct 32.2 31.4 0.99 0.99 0.99 Nov 32.34 31.4 0.98 0.99 0.99 Dec 31.1 31.4 1.02 0.99 1.01 Average  £31.76  £31.16 Now if we want to find market share of tesco in January of 2008 January forcast = Average forcast multiply by seasonal factor which is 1.02 If average mothly forcast for the year is 30 then forcast for January will be 30*1.02 = 30.6 Task 1 part 2 Its very know and understandable fact that start a new business or growing it require a lot of hard work ,planning and right kind of financing with a team of dedicated peoples. There are all source of finance which can be used to finance but each of them has some benefit or edge over in some way or other. Therefore deciding which source of financing should we use is a lots home work together ability to face issues coming up and ability to take decisions. Money (Capital) is life blood of any business and business cannot survive without capital. Keeping plan flexible Thinking big and move fast Business should move on when raising capital Strong management team What amount capital required depended what we want to achieve and our experience e and credit worthiness and stage of growth at which we stand together general factor such market trends and economic condition. There are various sources of finance depend on business 1) Self Financing: Self Financing Financing through credit card and is the most riskiest option and costly as interest rate on credit cards are very high and amount available is normally low subject credit evaluation conducted by bank. Start up Financing is another method whereby a business can put cash into the new business generated through various different source till it is reach to level to generate further financing itself. 2) Commercial Financing by Bank Business can get commercial financing if they have track record or they have something to give as security to bank. Commercial financing is very important and fundamental way to finance a specific project and normally bank will agree to finance if there is home work done with regards to feasibility. The disadvantage is company has to bear risk of loss and bank will charge interest which is great cost Though these are disadvantages still commercial finance through bank most widely use to finance a specific project. 3) Share Issue A newly establish company can issue Initial public offering to raise finance from public but a lot of home work require. Private Companies can issue new shares in the form rights issue or bonus issue but cant advertise them. Initially company can finance itself equity investment by investors. Later on merger or acquisition of limited company is very good source raising finance by issuing shares. Share issue is quite unusual way to raise money for specific project its time consuming and lengthy process but its one the less riskiest way. 5) Finding Investor/Partner Finding a person, group or organization to fund business is another form of financing to raising capital .the advantage if this method is risk is shared between partners and disadvantage is worth generates from business is divided between one more peoples according partnership agreement. There are many other sources of finance for small business like local government initiatives on lending program and commercial companies providing finance etc. Some big companies are really cash rich and therefore they look opportunities to invest cash and therefore they can act as strategic investors. Task 2 There are vaious method appraise financial returns on various competing project. The most important of them are 1) Payback period 2) Net present value 1 Pay back period Lets take a example if there are two projects where initial investment is 60m while one give return as following Year Amount 1 10 2 25 3 30 4 28 While another project give returns as Year Amount 1 13 2 20 3 25 4 50 Solution Project One Year Amount Remaining Investment 0 60 1 10 50 2 25 25 3 30 25 4 28 Project Two Year Amount Remaining Investment 0 60 1 13 47 2 20 27 3 25 2 4 50 2 iniital investment returne The first project here pay its entire investment in three years while the second projecgt pay its entire investment four year time so according payback period method project two should be selected. Payback period doesnt account for time value of money therefore not very effective method 2. Net Present Value Taking the same example above if we analyse them (we need discount factor which cost of capital to discount future cash flows. Lets assume it as 10% Year Amount Discount Factor Present Vaue 0 1 10 0.909 9.09 2 25 0.826 20.65 3 30 0.751 22.53. 4 28 0.683 19.124 71.394 Project Two Year Amount Remaining Investment Present Vaue 0 1 1 13 0.909 11.817 2 20 0.826 16.52 3 25 0.751 18.775 4 50 0.683 34.15 81.262 The Net present value of second project is more than first one therefore e according to npv method second project is more profitable. Select appropriate and relevant financial information for use in the process of making strategic decisions on investment There are vaious ways to analyse investment each has it own merit and demerit but mostly to analyse investment we required some basic information to make our decision on. If we are comparing two or more competing projects we can do by using investment appraisal techniques like net present value etc We need some basis information to calculate and appraise and finally take investment decision which Approximate amount of total investment required for the project The future cash flow whether inflow or outflow that can be generated from the project. The minimum required return . If we are going to invest in a company we need to focus on two main factor which are how much dividend it pays through ratios called dividend cover and dividend yield and how much capital gain we can get by movement in share price relevant ratios are price earning ratio, earning per share etc. For the above calculation we need exact amount of Dividend paid during the year Share price Profit after tax Number of ordinary share issued This information can be drawn from the financial statement of targeted company. The future investment can be based on basis of past performance of selected companies The investment in company to acquire needs other consideration which is based on various financial as well as non financial factors but mostly following factors are taken into account . Company financial health through calculation of various ratio profitability, gearing , liquidity and efficiency etc The vision, mission , goals and objectives of the acquiring company and strategies to achieve those and many more. Therefore decision regarding acquisition or mergers required comprehensive analysis. Make recommendations based on a post-audit appraisal on the appropriateness of selected investment project decisions The payback period is simplest method to decide between competing project which one is the best but it ignore time value of money Net present value account for time value of money and is one of the mostly used way to appraise competing projects but it is complex and and require some figures to give correct answer like discount rate etc For investment in the shares of company we need financial information such as share price dividend eps etc but selection of company to invest in its share depends on many other factors like if the investing entity want to invest for long term or short term For long term investements share price moment is more important than dividend or vice versa. Task 3 Financial Statements Analyse financial statements using relevant techniques to assess the financial viability of an Tesco for 2008 The financial statement of any organization can be analysed by calculation of ratio and each ratio has its own significance and importance. There is hard and fast rule and no parameters to judge performance of each and every company against but its very subjective and depend on company and industry in which it operates. Let assume the following financial statement belong to company called Simon Sparks and analyse its financial statement. Simon Sparks Profit and Losss Account the period ended 30June 200X  £  £  £ Sales 292,000.00 Less Sales returns 13,800.00 Net Sales 278,200.00 Carriage outwards 15,000.00 263,200.00 Less cost of good sold S Opening stock 15,100.00 Purchases 135,600.00 Less Purchase returns 5,200.00 130,400.00 Less Closing Stock 16,200.00 129,300.00 Gross Profit 133,900.00 Bad debts 2,200.00 Advertising 6,000.00 Electricity Gas 11,100.00 Salaries and wages 37,200.00 Insurance 5,700.00 Motor expenses. 16,600.00 Postage stationery 2,400.00 Rent rates 20,900.00 102,100.00 Net Profit 31,800.00 Less Drawings 15,800.00 Retained Profit Balance Sheet as at 30 June as of 30 June 200X Non Current Asset ( . Fixtures Fittings @ cost 60,300.00 Motor vehicle @ cost 42,000.00 Total Non Current Asset 102,300.00 Current Asset Cash 600.00 Trade debtors 24,000.00 Closing stock 16,200.00 Total Current Asset 40,800.00 Total Asset 143,100.00 Liabilities and Owners Equity Capital 83,800.00 Retained Profit 16,799.00 100,599.00 Non Current Liabilities Current Liabilities Bank Overdraft 5,600.00 Trade Creditors 36,901.00 Total liabilities plus capital 143,100 126,699.00 All businesses exist to make profit in some way or other and to measure profitablilty we have many ratio to analyse same data from different aspects. Retuen on capital employeed is a primary ratio to assess profitablitly of any orgnization and its one of most widly used ratio.It is calculated by Dividing Profit before interest and tax with capital plus long term liability In the case of Simon spark it is 32% which can be assume as very good performance interims of profitability but ratio cant be analyses in standalone way they must be compared with some industry average competitor or past performance to evaluate and we dont ant information available here. Simon Park has managed to generate gross sale of  £292,000 which is really commendable as long as data is reliable and comparable. The Gross profit ratio shows companys profit margin when selling price is compared with cost of sale. The GP ratio of Simon spark is 51% which is really commendable and appreciatable but remember we are assuming that data is not only reliable but trustable. The other factor to measure profitability is net profit 6% here we see how effectively and efficiently day to day operation are run by management. Surprisingly the net profit margin is just 6% it is definably not very good indication of good performance but due to limitation of information for comparison we are unable to give conclusive remarks but 6% is very low and it shows though company is earning profits but its not working efficiently and effectively. The most significant expenses are salaries and wages followed by rent and rates. We dont know if its inefficient management but definitely I think there is enough room for improvement Liquidity Liquidity ratios are very important as company can be profitable but if not liquid enough can run to insolvency or at least find it self in big problems. Liquid assets are those which can easily convert in to cash with in short duration of time. The examples are cash, debtor, stock etc. The most important of liquidity ratio is current ratio which shows current assets as number of times to current liabilities and it is very widely used in business world. There is no specific ratio which can be said as good enough or bad as it varies from industry to industry and company to company. Simon Sparks current ratio is 1.5 times it mean it has 50% more liquid asset to meet it immediate needs. Its not bad but considering limitation of information we can assume its up to standard of industry. But there is more important ratio coming out of current ratio it is quick ratio. In quick ratio we dont consider stock as quickly convertible into cash asset and therefore remove it. The quick ratio of simpn spark is 0.94 times which cant be said either good enough or bad for the reason mention above. Carry out a performance audit of an organisation including reference to internal and external factors Performance audit is audit of mainly(management operations ,function or procedures of) not for profit or governmental organization to ensure value for money (economy efficiency and effectiveness ) in utilization of resource by using systematic professionally designed and conduct methodologies which are generally accepted and well structured. Few benefits of performance audit is Improving organisational performance A tool to increase efficiency Policy and performance Legal imperative Performance audit may include detection of fraud and error but its not included everytime there fore scope of permance audit must define and given in writing prior to start of work Performance audit using internal factors might be for example in production it may number of units produce in a one hour compare with standared or ideal performance For financial performance profit can be compare from period to another with cost of sale and revenue to ensure resource are used properly and generate value for money External factors to consider for performance audit are comparision of per unit cost with major competitor to ensure VFM (value for money economy, efficiency and effectiveness is achieved . Comparision of number of staff with equivalent or similar company or employee productivity with similar organization Performance audit is not define in any standered and can include anything but it is different from performance measurement. Use appropriate calculations to improve the quality of financial information used The quality of information is very important because its not reliable and relevant than its useless most business try to spend thousand to avoid the lost of money but unfortunately lack of focus on right cause more loss. The reliable and timely financial information is essential for success and to avoid loss and making wrong decision on the basis of misleading information. Financial in itself is very vast and full of useful information but its generall and everyone has to take this information and use it assess their own purpose for example a company can generate huge profits say Company A has revenue of  £100 million while gross profit is  £50 million and net profit  £25 million. A lay men can conclude fromthis information that companys is performing really well and generating good profits but what if we got data the competitor of same size earn profit  £1000 m with Gross profit ratio of 70% unlike our 50%. Even worse can happen like company is generating huge profits but its running out of cash to pay its immediate liabilities . Creditors have right to appeal in court and prove company as defaulter and therefore cease its existence. So calculation of various ratio from the broad set of financial statement help in understanding actual position of company regarding its competitors. I Make recommendations on the strategic portfolio of an organisation based on the interpretation of financial and ancillary information The world is moving very fast and there is increasing competition with increasing globalization and opening of borders therefore organization need to update themselves with latest information and predict future and prepare for it Organizations have many reason to believe that they have to prepare themselves before the storm and therefore they are required to identify, find and use the required information whether financial or other to prepare themselves for the future. There are various strategies an organization can follow to achieve its objectives. A company should diversify if they have access to adequate resource (financial or other)and technical capability to achieve success. Diversification bring competitive advantages as with mergers as economies of scale and information asymmetry can achieved . Strategic portfolio may include developing and investing in new technologies to achieve competitive advantage as technology as key to success. The factor which can be consider for strategic portfolio is to develop new products and or improve exsiting one to compensate those products whose lifecycle is about to finish . Partnership with international companies or local companies to enter new ventures is also a great option and by doing this organization can not diversify but loss in case of failure is share between partners and there will be access to new and usesful information by working with another organization. These are the few reformation which an organization should consider to develop there strategic portfolio and its quite subjective and can vary from one organization to another. 30.6 30.4 30.6 31 31.4 31.5 31.6 31.4 31.2 31.4 31.4 31.4

D. H. Lawrences You Touched Me and Nietzches The Use and Abuse of His

Compare Happiness and Life Between D. H. Lawrence's You Touched Me and Friedrich Nietzche's The Use and Abuse of History Taken From The Twilight Of the Idols INTRODUCTION   Ã‚  Ã‚  Ã‚  Ã‚  In this paper, I won't stick to only one topic. I will compare different topics, such as happiness and life between two romantic writers, D. H. Lawrence and Friedrich Nietzsche from D. H. Lawrence's You touched me and Friedrich Nietzche's The use and abuse of history taken from The twilight of the Idols. I will start talking about life and happiness by giving my own little definition of each of these two terms. LIFE   Ã‚  Ã‚  Ã‚  Ã‚  Life: one word, many meanings. Life: one word, one precious thing.   Ã‚  Ã‚  Ã‚  Ã‚  We see life in a total different way by the two writers. Life, in D. H. Lawrence's You touched me, is one, short and precious thing. We see life through the eyes of a dying father and his two daughters, who loves their father a lot and an adopted son enrolled in the army. The father continuously fights his disease, battling to stay alive. We see life as a fragile, vulnerable thing. It can also vanish unexpectedly. What I mean by "life can also vanish unexpectedly" is that you never know when something terrible could happen to you and see it taken away.   Ã‚  Ã‚  Ã‚  Ã‚  Friedrich Nietzshe explains us a lot more his perception of life. Unfortunately, I didn't understand most of the things he meant, but I will explain what I think I understood. Nietzshe describes life with the help of a man and a bea...

Democracy :: Politics Democratic Republic

Democracy I. Meaning of Democracy II. Summary of Places and Dates III. Features of Democracy IV. Types of Democracy V. Early Democracy A. Athens B. Rome VI. Middle Ages and England VII. The Renaissance A. United States of America B. France VIII. Modern Times IX. Important People   Ã‚  Ã‚  Ã‚  Ã‚  Demos Kratia, or democracy, as it is used today, means â€Å" the people rule.† A democracy is a form of government is run by the people of that country through elections and representation. A democracy is really a form of a republic known as a democratic republic. A republic is a government where officials, elected by a small group of people, make the important decisions.   Ã‚  Ã‚  Ã‚  Ã‚  Democracy has been around for almost 2500 years since Athens, Greece became the first democracy. The Romans also experimented with democracy, however it was more a republic, and not a democracy. Around 1200 England laid the groundwork to become a republic. Later, in the 1700's, United States of America, became a democracy.   Ã‚  Ã‚  Ã‚  Ã‚  There are many features of democracy. Most of these features are the same, but individual countries use varations of the main ideas. The main feature of democracy, which determines a true democracy, is free, competitive elections. Sometimes however, women or minorities don't have the right to vote. Some of these other features, such as checks on power, help to limit the strength of any one person or party. Other features like free elections, and majority/ minority rule, help to make elections fair, since the judgment of many people is generally better then the judgment of a few people. Political parties keep one government, or idea of government form holding all power. These features let the people to govern themselves without the country being torn apart.   Ã‚  Ã‚  Ã‚  Ã‚  There are two true types of democracies, direct democracies, and representative democracies. In a direct democracy all the people meet to discuss problems and creat laws. A direct decision consults all the people for the decisions.. Since that is unpractical in todays world, a new form of democracy, the representative democracy has arisen. This form of democracy has elected representatives making most of the day to day decisions, while the main groups of citizens consulted for only the most important decisions.   Ã‚  Ã‚  Ã‚  Ã‚  One of the earliest known democracies was in Athens, a city-state in southern, ancient Greece. Around 620BC, Athens became the first true democracy. In Athens the ruler Draco tried to make many reforms in the city state. Draco organized laws by putting them in a written code, letting everyone know what the laws were and how they applied to everyone. He also gave the people the right to a trial. The next ruler Solon, the next Athenian ruler also helped Athens become

Accounting theory Essay

Accounting theory and its application is very fundamental to students and professional in accountancy. It equips people in the accountancy profession with financial accounting theory and associated research. Relevance of this theory is that it provides accountants with knowledge to critically investigate and analyze contemporary accounting issues. Research enables students to have broad thinking of current accounting issues such as environmental aspects and social responsibility aspects. The study of popular culture lead to research concerning all the emerging issues in the Accounting profession. It brought about the question as to whether students or other stakeholders in the profession should engage the attention of people in the field of research. Deegan,C. (2009) in his book stated that there is little attention given to issues that impact to aspects of the accounting profession. Relevant issues for study in accounting and auditing concern accounting principles and standards, auditing ,professional behavior and general professional matters, such as scope of services, maintenance of quality control and strategies. Study of popular culture has provided researchers with the following arguments to justify implication of the Accounting profession. a. Accounting is a dynamic line of specialization where participants/accountants should be in a position to respond to changes in the business society and come up with revised accounting principles and standards. This will enhance understanding of the financial statements to stakeholders and society in general. b. Public accounting like other profession in United States should provide high level of motivation for evaluating what the actual events. It further anticipates any additional changes in future to improve and provide information on value creation by entity from different dimensions from profit. From research this has lead development international public sector accounting standards The study of popular culture will enable researchers to determine emerging issues such as, unexpected business failure, legal liability of an independent auditor and effectiveness and appropriateness of audit evidence gathered from the society. Besides, it will factor the complex nature of business transactions which normally affect the position of an independent auditor. Studying the popular culture also provides researchers with knowledge to evaluate the value added to the financial statements by various entities. This helps to determine effects of social and environmental accounting; highlights the role of culture in explaining international differences and disclosures in accounting. Popular culture enables society in understanding the reaction of capital markets to financial reporting. By understanding popular culture, it lead to research on fundamental issues such as corporate governance, social and environmental reporting which enables companies in their Annual Operating Plan set aside some amount to used in promoting things like sporting activities. Culture has exceptionally attracted voluntary reporting by allowing research on institutional theory, legitimacy theory, stakeholder’s theory and positive accounting theory. Nevertheless the study popular culture has significantly analyzed normative theories of accounting as well as development of accounting for price level changes. It involves critical appraisal of Historical cost accounting approach, general purchasing power approach and current cost accounting approach. Culture study highlights efforts towards international harmonization of accounting in terms of disclosure and reporting. Application of accounting research has influenced extension of financial reports such employment statements which analyzes the benefits which employees get from employment which in turn its cost to the employer. Earnings per share analyze both basic earnings per share and diluted earnings per share in determining worthiness of company. Research of popular culture is very significance in understanding economic actions to a particular interest of groups within society and to the entire society; it involves extending the accountability of organization beyond the Traditional role providing financial account to the owners of the capital, in particular, the shareholders. Such an extension is predicated upon the assumption that companies do have wider responsibilities than simply to make money for their respective shareholders.

Producing a compact disc called ‘Music 2 revise by’

I have decided to produce a compact disc called ‘Music 2 revise by', a poster and leaflet promoting the product for my media studies practical production. I will be working solo on this product. I am going to produce a CD, which will contain music that hopefully helps people revise. I have decided to do this because of personal preference to revise whilst listening to music, a large majority of people have also told me they revise better whilst listening to music and because of a current gap in the market for my CD. A lot of considerations need to be taken into account including the following: layout and design (both of the CD itself and the adverts) use of language as this is major when marketing and promoting the product to a specific audience and media technologies. I will also need to look at media audiences, representation and the values and ideology. These will make it clear who the product is going to be aimed at and how the values of the product imply the representations offered. I will think of various ideas for the CD and adverts and finally construct one finished idea for the CD and two separate ideas for the posters that will be aimed at varied target audiences. It is vital to obtain the correct target audience, as the audience should see clearly that the CD is aimed at them. To obtain a clear idea of the target audience I will carry out research. The research will include a survey of: whether people like listening to music whilst revising, what music people would like to revise to and the age of the interviewed. I will also try to carry the research out on other similar CD's and of varied people. The CD will obviously be aimed at people who revise. I'm going to find the specific target audience from my research I'll carry out, collect and analyse. Once I have found the target audience I can plan where to advertise it. The target gender does not matter as both male and female revise. The realistic possible age of the audience will be school pupils or college students. Therefore magazines such as more and bliss will be perfect for female school students and for female college student's magazines such as vogue and. The male college students are likely to read FHM and Front. These are fashion and lifestyle genre magazines and possibly even football magazines such as 442. The male school student targeted magazines will be very difficult to distinguish. This is because there does not seem to be any specific magazines for the age group of fourteen to sixteen at first look. I will carry out more research into what male school students that age read and include it as a question in my survey. The CD and adverts will need to be top quality to gain maximum exposure and will be advertised in many contrasting formats as possible although remaining realistic by placing it in appropriate media texts viewed by people who are likely to be interested in the CD. The initial design for CD will be a very colourful and flowing looking CD. It may even have connotations with a lava lamp, which is thought to be in fashion and used for calming and relaxation. This is because most people find revising tedious and boring so the colourful design and flowing looking CD may unconsciously denote to the audience that revising will flow along and actually be more enjoyable. The music will be in a certain genre that consists of relaxed and chilled out music in order to calm and relax the listener. The equipment I will be using is a PC equipped with ‘Adobe Photoshop' to design and produce my products. The Posters and CD will be printed out on a laser printer and very good paper that is most appropriate for the task. This will be important as the consumer always expects and wants good quality. The potential problems I may face are time restrictions, availability of equipment, collecting and analysing the research and also carrying it out over a varied age groups and the music chosen, is what consumers assume to be popular at this moment in time, might soon not be. To overcome these potential problems I will take action to make sure they do not affect my work. I will carefully plan what I will do stage-by-stage to overcome any possibility of the product not being finished in time. I will also make sure the equipment is readily available in abundance so the action plan I will make will not be disrupted. The research that is going to be carried out will be taken precisely and analysed carefully to be sure there are no data anomalies.