Tuesday, December 24, 2019

Human Gender and Mathematics Essay - 1381 Words

Human Gender and Mathematics Is there a difference in the mathematical ability between men and women? Historians have no precise method of quantifying or comparing their individual accomplishments (Olsen). Not only in mathematics, but also in many other career areas in the past, women were looked upon as inferior to their male counterparts. Women were not encouraged to pursue a career in mathematics. Historically, women were seen working around the home, cleaning the house, taking care of the children, and cooking the food. Even if they did pursue a career in mathematics, their research was sometimes viewed as questionable. I will defend the fact that, Women have the same capabilities of achieving in mathematics than men do.†¦show more content†¦Hypatia was born in 370 in Alexandria, Egypt. Hypatia was known as a mathematician, scientist, and philosopher. She was credited with the invention of the astrolabe, a device used in studying astronomy. However, she was better known for her work in mathematics, primarily for her ideas on conic sections. Her concepts developed ideas on hyperbolas, parabolas, and ellipses. Hypatia was the first woman to have such a profound impact on the survival of early thought in mathematics (Scott). Maria Gaetana Agnesi was born in Milan on May 16, 1718. By the age of twenty, she began working on her most important work, Analytical Institutions, dealing with differential and integral calculus. Analytical Institutions also deals with the analysis of finite quantities, problems of maxima, minima, tangents, inflection points, the analysis of infinitely small quantities, and differential quantities. She is also known for the curve called the Witch of Agnesi, which states that the x-axis is always horizontal and that the y-axis is always vertical (Scott). Maria Gaetana Agnesi Sophie Germain was born in Paris on April 1,1776. She collected most of her information from the Ecole Polytechnique, where women were not allow to enroll. She was first noticed when she submitted an analysis to J. L. Lagrange under the pseudonym of M. LeBlanc. Lagrange was surprised when he met LeBlanc, finding out that LeBlanc was really SophieShow MoreRelatedTechnology And The Impact Of Information Technology In Education1268 Words   |  6 PagesInformation and communication technologies (ICT) has emerged as one of the most important aspects of human life and it has affected every aspect of school working including administration, time table, lesson delivery, project work, evaluation, examination system etc. ICT have made teaching-learning process more relevant for the learner and connected to real life. The education system is the main source of human resource development. Its focus is on the acquisition of knowledge, self-learning, generic andRead MoreResearch Study Of Social Coping With Stem Research1724 Words   |  7 PagesAccording to researchers, Morganson, Jones and Major, the â€Å"enrollment of women in science, technology, engineering, and mathematics (STEM) majors is disproportionately small and declining† (Morganson, Jones, Major, 2010, p.169). These researchers conducted a quantitative study to examine social coping with STEM to â€Å"explain the underrepresentation of women in STEM fields to provide guidance for career development professionals† (Morganson et al., 2010, p.171). For the methodology of this study,Read MoreRoles Of Men And Women845 Words   |  4 Pagesseeing in a high leadership position. Females in the field of mathematics are not very common. I interviewed three females who are in the field of mathematics. Females are making their way up in the fields that are dominated by males, and are slowly proving that females are very much capable of leading an organization. There are many characteristics that define an effective and responsible leader, and it is clear that gender is not one of them. In their book, Bolman and Deal go in deptRead MoreGender, Gender And Sex Are Completely Different Entities919 Words   |  4 PagesContrary to popular belief, gender and sex are completely different entities. Many people live their lives believing the gender and sex are tied to each other. This belief has brought specific gender roles into fruition. In western societies like that of the United States, this diversion can be examined in the nurseries of hospitals. Upon birth, babies do not necessarily have facial feature that define their but female babies are swaddled in pink blankets and males in blue. While many individualsRead MoreEssay on MBA detail course outline1314 Words   |  6 PagesEMBA: 2 years (Quarter 1 – 8) MBA (Evening): 3.5 years (Quarter 1 – 14) MBA (Evening): 2.5 years (Quarter 1 – 8, 13 14) MBA (Evening): 1.5 years (Quarters, 3, 4, 7, 8 14) General Management 1st Quarter Effective : Spring Quarter 2011 Human Resource Management Finance Accounting Banking Finance †¢ Organizational Communication †¢ Organizational Communication †¢ Organizational Communication †¢ Organizational Communication †¢ Principles of Management †¢ PrinciplesRead MoreEssay On Gender Inequality1091 Words   |  5 Pagesfaced with; whether it is race, gender, or ethnic background. I am writing you, the representatives for Equal Rights to discuss an urgent concern of American women in the workplace. Although gender inequality is decreasing, it still exists and makes a lot of people suffer its consequences every day. 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Human Gender and Mathematics Essay - 1381 Words

Human Gender and Mathematics Is there a difference in the mathematical ability between men and women? Historians have no precise method of quantifying or comparing their individual accomplishments (Olsen). Not only in mathematics, but also in many other career areas in the past, women were looked upon as inferior to their male counterparts. Women were not encouraged to pursue a career in mathematics. Historically, women were seen working around the home, cleaning the house, taking care of the children, and cooking the food. Even if they did pursue a career in mathematics, their research was sometimes viewed as questionable. I will defend the fact that, Women have the same capabilities of achieving in mathematics than men do.†¦show more content†¦Hypatia was born in 370 in Alexandria, Egypt. Hypatia was known as a mathematician, scientist, and philosopher. She was credited with the invention of the astrolabe, a device used in studying astronomy. However, she was better known for her work in mathematics, primarily for her ideas on conic sections. Her concepts developed ideas on hyperbolas, parabolas, and ellipses. Hypatia was the first woman to have such a profound impact on the survival of early thought in mathematics (Scott). Maria Gaetana Agnesi was born in Milan on May 16, 1718. By the age of twenty, she began working on her most important work, Analytical Institutions, dealing with differential and integral calculus. Analytical Institutions also deals with the analysis of finite quantities, problems of maxima, minima, tangents, inflection points, the analysis of infinitely small quantities, and differential quantities. She is also known for the curve called the Witch of Agnesi, which states that the x-axis is always horizontal and that the y-axis is always vertical (Scott). Maria Gaetana Agnesi Sophie Germain was born in Paris on April 1,1776. She collected most of her information from the Ecole Polytechnique, where women were not allow to enroll. She was first noticed when she submitted an analysis to J. L. Lagrange under the pseudonym of M. LeBlanc. Lagrange was surprised when he met LeBlanc, finding out that LeBlanc was really SophieShow MoreRelatedTechnology And The Impact Of Information Technology In Education1268 Words   |  6 PagesInformation and communication technologies (ICT) has emerged as one of the most important aspects of human life and it has affected every aspect of school working including administration, time table, lesson delivery, project work, evaluation, examination system etc. ICT have made teaching-learning process more relevant for the learner and connected to real life. The education system is the main source of human resource development. Its focus is on the acquisition of knowledge, self-learning, generic andRead MoreResearch Study Of Social Coping With Stem Research1724 Words   |  7 PagesAccording to researchers, Morganson, Jones and Major, the â€Å"enrollment of women in science, technology, engineering, and mathematics (STEM) majors is disproportionately small and declining† (Morganson, Jones, Major, 2010, p.169). These researchers conducted a quantitative study to examine social coping with STEM to â€Å"explain the underrepresentation of women in STEM fields to provide guidance for career development professionals† (Morganson et al., 2010, p.171). For the methodology of this study,Read MoreRoles Of Men And Women845 Words   |  4 Pagesseeing in a high leadership position. Females in the field of mathematics are not very common. I interviewed three females who are in the field of mathematics. Females are making their way up in the fields that are dominated by males, and are slowly proving that females are very much capable of leading an organization. There are many characteristics that define an effective and responsible leader, and it is clear that gender is not one of them. In their book, Bolman and Deal go in deptRead MoreGender, Gender And Sex Are Completely Different Entities919 Words   |  4 PagesContrary to popular belief, gender and sex are completely different entities. Many people live their lives believing the gender and sex are tied to each other. This belief has brought specific gender roles into fruition. In western societies like that of the United States, this diversion can be examined in the nurseries of hospitals. Upon birth, babies do not necessarily have facial feature that define their but female babies are swaddled in pink blankets and males in blue. While many individualsRead MoreEssay on MBA detail course outline1314 Words   |  6 PagesEMBA: 2 years (Quarter 1 – 8) MBA (Evening): 3.5 years (Quarter 1 – 14) MBA (Evening): 2.5 years (Quarter 1 – 8, 13 14) MBA (Evening): 1.5 years (Quarters, 3, 4, 7, 8 14) General Management 1st Quarter Effective : Spring Quarter 2011 Human Resource Management Finance Accounting Banking Finance †¢ Organizational Communication †¢ Organizational Communication †¢ Organizational Communication †¢ Organizational Communication †¢ Principles of Management †¢ PrinciplesRead MoreEssay On Gender Inequality1091 Words   |  5 Pagesfaced with; whether it is race, gender, or ethnic background. I am writing you, the representatives for Equal Rights to discuss an urgent concern of American women in the workplace. Although gender inequality is decreasing, it still exists and makes a lot of people suffer its consequences every day. Gender inequality is unfair rights between male and female based on different gender roles which leads to unequal treatment. Gender inequality has been widely known in human history but not until the beginningRead MoreRealism In Gullivers Travels946 Words   |  4 Pagesbehavior or character and differentiates them from each other. Through this form of representation he also practices criticism on human nature and on the society at this time . And in the following I want to explain how. Through the representation of the inhabitants of â€Å"Laputa† , Swift shows the people as impractical and stupid because they can’t implement their mathematic and science skills in real life , they replace religion and loose their focus on the real world, he shows his opinion on the EnlightenmentRead MoreCultural Norms And Bias Hinder The Expansion Of A Common Root1472 Words   |  6 Pagesorder to obtain full validity in areas like the natural and human sciences, the common groundwork of the scientific method must be established and utilized to a great extent. When researchers perform studies on the same subject, the perspective of the researcher plays a crucial role in their explanations of knowledge and the conclusions they derive. An example of a great way in which facts and theories are linked are within the natural and human sciences is through the diagnosis and treatment of Post-traumaticRead MoreThe Impact Of Stereotypes And Stereotypes1178 Words   |  5 Pa gescommon issues, today and throughout history, that cause our nation to be divided. It has a problem inside and out of country. Stereotypes range from false guarantees to bad interpretations. According to Facing History and Ourselves: Holocaust and Human Behavior, stereotypes are, â€Å"based on real or imagined differences between groups, attaches values to those differences in ways that benefit the dominant group at the expense of minorities and is generalized to all members of a target group.† Many peopleRead MoreSteven Levitt And The Link Between Legalized And Crime Rates1537 Words   |  7 Pageseconomists under the age of 40. Barbara Bergmann was born June 20th, 1927 in New York, and died April 5th, 2015 in Maryland. Bergmann was best known for her work and leadership in gender based economics and her role as a feminist. Bergmann studied at Cornell College to major and get her doctorate degree in mathematics. Bergmann then went on to Harvard University to earn her Ph.D. Bergmann has co-authored in many books and taught at four Universities. Bergmann also won the 2004 Carolyn Shaw Bell Award

Human Gender and Mathematics Essay - 1381 Words

Human Gender and Mathematics Is there a difference in the mathematical ability between men and women? Historians have no precise method of quantifying or comparing their individual accomplishments (Olsen). Not only in mathematics, but also in many other career areas in the past, women were looked upon as inferior to their male counterparts. Women were not encouraged to pursue a career in mathematics. Historically, women were seen working around the home, cleaning the house, taking care of the children, and cooking the food. Even if they did pursue a career in mathematics, their research was sometimes viewed as questionable. I will defend the fact that, Women have the same capabilities of achieving in mathematics than men do.†¦show more content†¦Hypatia was born in 370 in Alexandria, Egypt. Hypatia was known as a mathematician, scientist, and philosopher. She was credited with the invention of the astrolabe, a device used in studying astronomy. However, she was better known for her work in mathematics, primarily for her ideas on conic sections. Her concepts developed ideas on hyperbolas, parabolas, and ellipses. Hypatia was the first woman to have such a profound impact on the survival of early thought in mathematics (Scott). Maria Gaetana Agnesi was born in Milan on May 16, 1718. By the age of twenty, she began working on her most important work, Analytical Institutions, dealing with differential and integral calculus. Analytical Institutions also deals with the analysis of finite quantities, problems of maxima, minima, tangents, inflection points, the analysis of infinitely small quantities, and differential quantities. She is also known for the curve called the Witch of Agnesi, which states that the x-axis is always horizontal and that the y-axis is always vertical (Scott). Maria Gaetana Agnesi Sophie Germain was born in Paris on April 1,1776. She collected most of her information from the Ecole Polytechnique, where women were not allow to enroll. She was first noticed when she submitted an analysis to J. L. Lagrange under the pseudonym of M. LeBlanc. Lagrange was surprised when he met LeBlanc, finding out that LeBlanc was really SophieShow MoreRelatedTechnology And The Impact Of Information Technology In Education1268 Words   |  6 PagesInformation and communication technologies (ICT) has emerged as one of the most important aspects of human life and it has affected every aspect of school working including administration, time table, lesson delivery, project work, evaluation, examination system etc. ICT have made teaching-learning process more relevant for the learner and connected to real life. The education system is the main source of human resource development. Its focus is on the acquisition of knowledge, self-learning, generic andRead MoreResearch Study Of Social Coping With Stem Research1724 Words   |  7 PagesAccording to researchers, Morganson, Jones and Major, the â€Å"enrollment of women in science, technology, engineering, and mathematics (STEM) majors is disproportionately small and declining† (Morganson, Jones, Major, 2010, p.169). These researchers conducted a quantitative study to examine social coping with STEM to â€Å"explain the underrepresentation of women in STEM fields to provide guidance for career development professionals† (Morganson et al., 2010, p.171). For the methodology of this study,Read MoreRoles Of Men And Women845 Words   |  4 Pagesseeing in a high leadership position. Females in the field of mathematics are not very common. I interviewed three females who are in the field of mathematics. Females are making their way up in the fields that are dominated by males, and are slowly proving that females are very much capable of leading an organization. There are many characteristics that define an effective and responsible leader, and it is clear that gender is not one of them. In their book, Bolman and Deal go in deptRead MoreGender, Gender And Sex Are Completely Different Entities919 Words   |  4 PagesContrary to popular belief, gender and sex are completely different entities. Many people live their lives believing the gender and sex are tied to each other. This belief has brought specific gender roles into fruition. In western societies like that of the United States, this diversion can be examined in the nurseries of hospitals. Upon birth, babies do not necessarily have facial feature that define their but female babies are swaddled in pink blankets and males in blue. While many individualsRead MoreEssay on MBA detail course outline1314 Words   |  6 PagesEMBA: 2 years (Quarter 1 – 8) MBA (Evening): 3.5 years (Quarter 1 – 14) MBA (Evening): 2.5 years (Quarter 1 – 8, 13 14) MBA (Evening): 1.5 years (Quarters, 3, 4, 7, 8 14) General Management 1st Quarter Effective : Spring Quarter 2011 Human Resource Management Finance Accounting Banking Finance †¢ Organizational Communication †¢ Organizational Communication †¢ Organizational Communication †¢ Organizational Communication †¢ Principles of Management †¢ PrinciplesRead MoreEssay On Gender Inequality1091 Words   |  5 Pagesfaced with; whether it is race, gender, or ethnic background. I am writing you, the representatives for Equal Rights to discuss an urgent concern of American women in the workplace. Although gender inequality is decreasing, it still exists and makes a lot of people suffer its consequences every day. Gender inequality is unfair rights between male and female based on different gender roles which leads to unequal treatment. Gender inequality has been widely known in human history but not until the beginningRead MoreRealism In Gullivers Travels946 Words   |  4 Pagesbehavior or character and differentiates them from each other. Through this form of representation he also practices criticism on human nature and on the society at this time . And in the following I want to explain how. Through the representation of the inhabitants of â€Å"Laputa† , Swift shows the people as impractical and stupid because they can’t implement their mathematic and science skills in real life , they replace religion and loose their focus on the real world, he shows his opinion on the EnlightenmentRead MoreCultural Norms And Bias Hinder The Expansion Of A Common Root1472 Words   |  6 Pagesorder to obtain full validity in areas like the natural and human sciences, the common groundwork of the scientific method must be established and utilized to a great extent. When researchers perform studies on the same subject, the perspective of the researcher plays a crucial role in their explanations of knowledge and the conclusions they derive. An example of a great way in which facts and theories are linked are within the natural and human sciences is through the diagnosis and treatment of Post-traumaticRead MoreThe Impact Of Stereotypes And Stereotypes1178 Words   |  5 Pa gescommon issues, today and throughout history, that cause our nation to be divided. It has a problem inside and out of country. Stereotypes range from false guarantees to bad interpretations. According to Facing History and Ourselves: Holocaust and Human Behavior, stereotypes are, â€Å"based on real or imagined differences between groups, attaches values to those differences in ways that benefit the dominant group at the expense of minorities and is generalized to all members of a target group.† Many peopleRead MoreSteven Levitt And The Link Between Legalized And Crime Rates1537 Words   |  7 Pageseconomists under the age of 40. Barbara Bergmann was born June 20th, 1927 in New York, and died April 5th, 2015 in Maryland. Bergmann was best known for her work and leadership in gender based economics and her role as a feminist. Bergmann studied at Cornell College to major and get her doctorate degree in mathematics. Bergmann then went on to Harvard University to earn her Ph.D. Bergmann has co-authored in many books and taught at four Universities. Bergmann also won the 2004 Carolyn Shaw Bell Award

Monday, December 16, 2019

Unusual Article Uncovers the Deceptive Practices of Essay Samples for High School

Unusual Article Uncovers the Deceptive Practices of Essay Samples for High School New Ideas Into Essay Samples for High School Never Before Revealed It is recommended to look for the one which has a great reputation and offers high-quality papers at economical rates. It's extremely important to read carefully essay services reviews, because you would like to prevent low high quality services. The review is going to teach you all you want to understand and then it is possible to place your purchase confidently. Our reviews contain details like the score of the clients, our rating, starting prices, Discounts, and caliber of the papers. The Number One Question You Must Ask for Essay Samples for High School There are lots of similarities between high School and college and differences. One of the primary purposes of school examinations is to enhance the quality of education. A number of the weaker students, who can't seem to accomplish decent examination results, may eliminate interest in their studies. You've got to compose several academic papers over the span of a year. You must find the proper resources for your essay along with patience when finding the proper inspiration to write. A lot of people hate any kind of writing as they have zero thought of where to begin, or how should their paper look like. Moreover, you can get articles or papers online easily and conveniently without the should experience much stress in writing your own piece if you do not have any clue in the slightest. While money could be an issue for you, don't permit it to limit your academic achievement. The Benefits of Essay Samples for High School You're going to need to select a topic first, but your topic ought to be something that has two conflicting points or various conclusions. When the topic was decided, it's essential to come up with an argument surrounding the exact same. You could opt for a topic that you're not interested in and wind up straining to compose the appropriate idea. The topic chosen for the purpose should be attractive in the view of many readers. The Fight Against Essay Samples for High School Nobody really wishes to compose an essay. Anything you should finish your paper quickly and qualitative. Usually Middle school essays topics are made to concentrate very specifically on a single story or maybe to delve into one definite topic. Because there is such a big number of subjects, it's critical to acknowledge that essay samples will be of excellent help when writing your own papers. As a consequence, you prefer doing your essays by yourself. All essays will have a particular topic that's either one you choose or one which is provided for you. First and foremost it's essential to be certain you comprehend the essay question fully and your essay answers each part of the question adequately. The response is simple if you read a fantastic essay sample, you'll have the ability to comprehend how you must write your paper to acquire a flawless grade. The simplest way to decide on the form of an essay is to realize the writer's point of view. If you're thinking that you will need someone to compose my essay at the moment, you can just rely on our honest reviews. Essay Samples for High School at a Glance For example, there is not any suitable means of drafting a college application essay. Most flawless college admission essay examples exhibit characteristics which may be noticed in every one of the samples. The normal structure of a paper is composed of an introduction, the body, and a conclusion. Therefore, if you want to examine some remarkable papers before starting to work by yourself, read some of the usual application essay samples. The standards utilized for applying the conditions or claims ought to be clarified, the facts necessary to justify evaluations made explicit. It is better to get essays from experts who do their very best to make certain that the quality is all up to standard. Employing reliable sources for research is essential. At the conclusion of these list, you are going to discover links to a variety of argumentative paragraphs and essays. While the focus is largely on your side, there's also a discussion about the opposing side which goes far beyond a single sentence or a paragraph. Look through the list of topics with care and commence making a mental collection of the evidence you're able to use on topics you want. You just need to earn an assortment of the proper topic you would desire.

Sunday, December 8, 2019

Financial Performance and Management of Woolworth Limited

Question: Discuss about the Financial Performance of Woolworth Limited. Answer: Introduction Financial performance is the most critical factors that need to be consider before making investment in the company. There are multiple risks associated with the investment that has to be taken care of before making the wise choice of investing in the company. Financial performance can be measured in multiple ways such as performing ratio analysis together with trend analysis, vertical and horizontal analysis and many other financial tools (Sagner, 2010). Financial ratios are keys to measure the financial performance of any organisation in view to make comment on the profitability, liquidity, asset efficiency and capital structure of such company. In this financial report, financial performance of the Woolworth Limited has been performed to make available this report to the directors of the investment company. Investment Company looks forward to make the investment in the Australian economy due to its emerging market. Therefore, to help the management in taking this tough decision, this report will guide them through. While performing such analysis other important factors has also been consider such as trend analysis in the ratios, competitor analysis and other important factors that might affect the decision of the investment company. Ratio Analysis of the Woolworth Limited together with the competitors analysis In this section of the report, financial performance of the Woolworth has been evaluated for the years 2015 and 2016. The competitor selected for making the industry evaluation or competitors analysis is Reece Limited. Trend analysis will help to check the increase or decrease in the ratios. All the ratio calculations are performed in excel and table has been attached in appendix. Profitability Analysis Profitability analysis helps to focus on the income earning capability of the company during the accounting period. Profitability is the most important factor that every investor wants to know about before implementing the investment decision. Profitability of any company gets impacted with wide variety of reasons such as expected increase in cost of good sold, increase in operating expenses and decrease in sales as budgeted. Gross profit ratio and net profit ratio has been calculated to report on the profitability position of Woolworth in year 2015 and 2016 (Annual report of Reece Limited, 2016). Gross Profit margin ratio Gross profit margin or gross profit is the amount of income left behind after deducting all the expenses linked with the cost of goods sold in the period for such income belongs. Gross profit ratio is important as it tells any undue increase in cost of good sold during the particular period (Sagner, 2010). As per the calculation made in excel it has been noticed that Woolworth has earned the gross profit of 27.29 % in year 2015 that got reduced to 26.85% in year 2016. So it can be said that there has been decreasing trend in this ratio and to be more precise there was actual downfall of 1.60 % (Annual report of Woolworth Limited, 2016). On the other hand the gross profit ratio of Reece Limited was 32.98 % in year 2015 and 33.34% in year 2016. It indicates that there was 1.09 % increase in the gross profit ratio. Competitors analysis indicates that gross profit ratio of Reece Limited was much better as compared to the Woolworth Limited (Annual report of Reece Limited, 2016). Overall analysis indicates that profitability position of the Woolworth can be accepted despite of decrease in the gross profit percentage in year 2016 as compare to year 2015 it is because change in gross profit ratio was only an absolute change not wholly impacting the earning capability of the company. The change in income and expenses was due to many reasons like increase in cost of the goods sold that has impacted price of product to increase. Net profit margin This ratio provides percentage of profit left after meeting all the expenses related to the one financial year like operating expenses, administrative expenses etc. Net profit ratio of Woolworth was 5.61 % and it got reduced to 2.34% in year 2016, representing decrease of 58.24 percent in year 2016 as compare to year 2015(Annual report of Woolworth Limited, 2016). So the decreasing trend in the profitability position of the company makes to think about taking as opportunity for investment purpose. Reece Limited has earned the net profit of 11.43 % in year 2015 and 12.30% in year that indicates the Reece Limited has properly managed the expenses related to cost of good sold and operating functions as compare to Woolworth Limited (Annual report of Reece Limited, 2016). On conclusion it can be said that profitability level of Woolworth is not acceptable due to unwanted increase in expenditure and for not maintaining growth in sales in year 2016 (Bull, 2007). Liquidity Analysis: Current Ratio Current ratio tells the short term solvency position of the company as it measures level of current assets company posses to pay the current liabilities (Sagner, 2010). Woolworth Limited has a current ratio of 0.84 times in year 2015 and it remained almost same in year 2016. The ideal current ratio for any company is between 1.5 to 2 times but in case of Woolworth it was below the ideal benchmark that shows poor liquidity position of the company (Annual report of Woolworth Limited, 2016). On the other hand the current ratio of Reece Limited was 2.02 times in year 2015 and it got increase by 1.20 % to 2.04 times in year 2016. The liquidity position of the Reece Group was very strong as compare to Woolworth Limited (Annual report of Reece Limited, 2016). Quick Ratio This ratio was similar to current ratio but this ratio is more precise than current ratio as it ignores such current assets that are not easily convertible into cash and cash equivalents during the one accounting year (Annual report of Woolworth Limited, 2016). Quick ratio of Woolworth was 0.30 times in year 2015 and it got increased be 7.29% to 0.33 times in year 2016. It shows that major part of current assets is composed with the inventory. Quick ratio of Reece Group was 1.04 times and 1.08 times in year 2015 and 2016 respectively (Annual report of Reece Limited, 2016). Complete analysis of the liquidity position of the company indicates that it is mot acceptable for the investors to apply for the Woolworth for the investment purpose. Asset Efficiency Ratio Inventory turnover ratio This ratio tells the number of times the inventory has exhausted to be converted as the sale revenue. The inventory turnover ratio of Woolworth was 8.82 times and it has been increased to 9.36 times in year 2016 that indicates that there was increasing trend of 6.20 % in the inventory turnover ratio (Annual report of Woolworth Limited, 2016). Competitors analysis indicates that inventory turnover ratio of Reece Group was less than the inventory turnover ratio of Woolworth (Annual report of Reece Limited, 2016). Days Sales in Inventory It reflects the inventory turnover ratio in days despite of number of times. It is calculated by dividing number of days in year i.e. 365 by the inventory turnover ratio. (Annual report of Woolworth Limited, 2016) Days Sales in Inventory ratio of Woolworth was strong as compared to its competitor the Reece Group Limited. The overall analysis of the asset efficiency of the Woolworth it can be said that company was able to utilize all its resources properly as compared to its competitor Reece Group Limited. Long Term Solvency Analysis: Debt to Equity Ratio This ratio tells times the debt capital compare to equity capital. Capital structure of Woolworth Limited consists of 0.28 times the debt capital as against the equity capital and it was increased to 0.44 times in year 2016 that indicates that in year 2016 company has taken major debt loan to finance the working capital or for expansion purpose. Reece Limited was leverage than the Woolworth Group Limited as it 0.17 times in year 2015 and 0.12 times in year 2016 (Annual report of Reece Limited, 2016). Debt to Total assets This ratio provides the level of debt part compare to total assets of the company. Calculation to this ratio indicates that Woolworth was more leverage than the Reece Limited in both the years (Annual report of Woolworth Limited, 2016). So it is not acceptable to accept the solvency position of Woolworth due to rapidly increase indebt capital with no change in equity capital (Annual report of Reece Limited, 2016). Recommendations to the Directors of Investment Company On the basis of above analysis of various ratios related to Woolworth in year 2016 as compare to 2015, it can be said that financial position of Woolworth was not strong enough to be chosen for major investment in the current year as the future profits are not predictable. As seen above there has been negative growth in the company that might continue further years making huge loss on investment. References Annual report of Reece Limited 2016. [Online]. Available at: www.reecegroup.com.au/assets/Uploads/F2016-Reece-Limited-Annual-Report.pdf [Accessed on: 5 May 2017]. Annual report of Woolworth Limited 2016. [Online]. Available at: www.woolworthsgroup.com.au/page/investors/our-performance/reports/Reports [Accessed on: 5 May 2017]. Bull, R. 2007. Financial Ratios: How to use financial ratios to maximize value and success for your businesses. Elsevier. Sagner, J. 2010. Essentials of Working Capital Management. USA: John Wiley Sons.

Sunday, December 1, 2019

Mores Utopia Essays - Utopian Novels, Idealism, Utopia,

More's Utopia In Thomas More`s book Utopia, there is a great deal of irony in the way the people of this mystical place live and prosper. Much of what the people of today`s society assume to be universal truths of life are completely opposite from the Utopian perspective of the way things should be done. Some of these differences include the way they protect themselves from other nations, their economy, their system of land rights, and the nature of their relationships and marriages. In all of these areas Utopians differ greatly from the norm of western society. These differences serve as a commentary on the world which westerns take for granted. In the book Utopia, More uses irony to demonstrate some of the positive and negative aspects of western society. In comparison with the ways of the western world where vast amounts of the tax money is spent on the protection of the nations in terms of weapons and training of armies, the Utopians have a much different system of nation protection. Rather than fight themselves, they hire mercenaries to do their battling for them. It is a very strange policy to adopt, and history has shown that this is not the most effective way to protect a nation. Their stand on the issue is that these soldiers are all out for money, and since the gold and silver which they possess in vast amounts is available, they have nothing to worry about. This is truly an ideal way of life, but the reality is that no mercenary will fight as hard as a man who is protection his homeland. Any person would agree that paying someone else to go to war for them would be great, but this is not the way life works, and More is making this observation in his book. Another area where the people of Utopia differ greatly form the way of the western world is the way in which the land rights are controlled. The basic ideas of property ownership are unheard of to the people of Utopia. All of the land is owned jointly, and the entire community works the land in shifts. This prevents any man from having more than his neighbor which supposedly eliminates jealousy and competition between citizens. Even though it is clear that there can be no elimination of the innate competition between people or the human instinct to acquire personal wealth, More is commenting the greedy nature of the people of the western world. More`s description of their methods shows them to be perfect, but the underlying suggestion is that they are far from perfect, and that there is no possible way a system like this could prosper. Another major difference between the European world and the Utopians is the system of relationships, and marriage. There is what seems to be a very cynical view of marriages. It is almost as thought they exist only because of sex, and the idea of love is not even a factor. They suppose few people would join in marital love-with comfinment to a single partner and all the petty annoyances that married life involves-unless they were strictly restrained from promiscuity.?(452) This quote implies that the members of this society would most likely have no desire to commit themselves to one person if they had the freedom to be involved sexually with other people. In other words if not for the conjugal right marriages would not exist. This is a very cynical view of relationships, and much different from that of the western world. There are no strict punishments for adulterers in this society, as in Utopia and people are free to act as they see fit. There is an underlying element of control in this society of Utopia that resembles something close to hell for a person who likes to do his own thinking and decision making. Many people do not want a higher power telling them how to live, and this is the very point that More is making in this book. The most significant difference that More presents in the Utopian society is their economy. These people have absolutely no system of money. They pay their mercenaries with the gold and silver which they have mined strictly for that purpose, and there is an element of disgust for these metals among the citizens the nation. They are living in a communal fashion. They produce an excess of goods in order to trade with their neighbors, and the citizens share all of the necessities of life