Monday, April 13, 2020
Monologue for Educating Rita free essay sample
Frank is wearing shorts, a short sleeved shirt and a handkerchief with tied corners on his head looking every inch the out of place, quintessential British man on holiday, slightly sweaty and flustered from the Australian heat. The study is small and untidy but quite reminiscent of his office back in England. Frank starts to unpack his belongings, putting books into shelves, he starts smiling oddly at a new copy of Roger McGoughs poems, he opens the book and reads the inscription aloud; Frank: Im gonna be dead clever ear and say ââ¬ËEducation is not the filling of a bucket, but the lighting of a fire. W B Yeats. You lit my fire Frank. Maybe youll understand this now Rita Frank: W B Yeats, Thanks for reminding me Rita ââ¬ËThe Wild Swans at Cooleââ¬â¢ springs to mind again! The musings of a middle aged man like myself. I lost the appetite for being a poet long ago and now all I have left is nothing except the acrid taste of whisky in my mouth. We will write a custom essay sample on Monologue for Educating Rita or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Stage directions ââ¬â Franks voice trails off with a sigh. He places the book on his desk with a small smile and continues to unpack. Unpacks the nude painting. Examines the painting and laughs. Frank ââ¬â Ha look at those tits! Stage directions ââ¬â Hangs painting on the wall, stares for a while musing with his hands on his hips then walks over to the window, sitting on the ledge looking outside, pondering. Frank ââ¬â My, how I was intellectually seduced by her. She never conformed to what students were meant to be, let alone a woman! She never had a classical education yet she was incredibly intelligent without realising it, I fell in love with that, I found that an enduring and rare quality that I wanted to nature. But I had to make her conform to pass her exams, I never wanted to, I never wanted to take away the bit about her that I loved in order to achieve what she wanted, that was selfish of me, I called her my Frankenstein! Stage directions ââ¬â Bangs fist on table. But I thought she was losing part of her innate brightness and original thought and that was never my intention, I wanted to keep that, to nature that and see her grow beyond the constricting confines of educational bureaucracy! What questions remain unanswered? What questions remain unasked? Why do we live our lives with our true feelings hidden away, a fear imposed upon us through fear of failure and rejection? I know why she is always running around in my mind, it is because she is meant to be there. Never have I encountered such voracious and vociferous yet simply beautifully intendant woman not content with the chains society had imposed on her, she reminded me of a song bird in a cage, waiting to be freed, Iââ¬â¢d like to think that I helped, she certainly helped me. Every heart sings a song, incomplete, until another heart whispers back. Those who wish to sing always find a song. At the touch of a lover, everyone becomes a poet. I feel like a poet again! She said I lit her fire? Was she hoping that would be reciprocal? Because it is, I think she knows that she ignited my passions again and I did not thank her enough, I was foolish in my coyness, was she my last chance at true love? Maybe the poets are right, maybe love is the only answer? Stage directions ââ¬â Frank goes to poor himself a drink but resists, slowly puts down his glass on the table and walks towards the door. Frank ââ¬â No! I think Frost can help me here; Stage directions ââ¬â Frank looks up longingly and with thought. Frank I think I shall be telling this with a sigh somewhere ages and ages hence, Two roads diverged in a wood, and I, I took the one less travelled by, and that, has made all the difference Stage directions ââ¬â Goes to try the door, but its stuck, he steps back admiring the door Frank ââ¬â It looks like there are some things you just can not escape. Stage directions ââ¬â Barges the door open with his shoulder and exits the room End Commentary Structure Examine contextual background Own awareness of adult education Nelson Mandela said Education is the most powerful weapon which you can use to change the world But conversely Oscar Wilde stated that Education is an admirable thing, but it is well to remember from time to time that nothing that is worth knowing can be taught As a mature student I can see the value of both, the lessons that experience has taught me and the knowledge gained from education and it is through continued education that drives me towards my goals and I have the experience and passion to get there, something sometimes lacking in a less mature mind. Rita sought education to create a better life for herself and through that pursuit found herself and a friend. She helped Frank possibly realise that he wasnââ¬â¢t so useless after all and got the education she so desired. Comment on my choice of content and what it shows about frank and how he changes over the play Rita is a working class Liverpudlian and aspires to a higher social and academic level so that she may have choices and Frank is a disillusioned alcoholic and failed poet with slowly diminishing choices. As Rita progresses, Russell uses a range of dramatic techniques and tensions between the two characters to explore themes of the personal, class, relationships, gender, dependence, superiority and education, and the structure shows a clear crossover within their respective roles. I felt I needed to convey this change and crossover in my monologue, that bitter sweet feeling of nostalgia, of choices and chances not taken, that black comedy and almost Shakespearian tragedy that we are left with at the end of the play, of a chance of love lost. I wanted to show the emotional change within Frank and the passion that Rita had reignited. Comment on my choice of speech, style, vocabulary Frank has a wide lexicon and vast knowledge of classic English literature. I wanted to include references to this literature knowledge with material already discussed in the play (Roger McGoughs, W B Yeats) to keep in character and theme and also some outside material such as Robert Frost to show his love of poetry is still somewhat alive. In choosing to write a monologue for Frank I was aware that to convey these aspects of his character I needed to continue this style. He is not without humour though, all be it dry and sarcastic, and I needed to include that classic English gentleman wit to carry on Franks style and for the audience to be able to recognise him as his character. Comment on my planned impact on the audience I wanted to show what I thought Franks true feelings were for Rita and finally accepting the truth to himself, yet being true to his nature and not immediately doing anything about it and still leaving his undisclosed love unanswered. A small insight into his thoughts as a whole on Rita, something we do not get to hear about from the play. I wanted to show that as Frank helped Rita, she also helped him, re-lighting his passion for writing. Keeping the audience guessing at the end of the scene is again keeping in nature with the open end of the play, leaving the audience to create their own images about where he could possibly be going.
Wednesday, March 11, 2020
Rotary Rock Tumbler Instructions
Rotary Rock Tumbler Instructions The most common type of rock tumbler is a rotary drum tumbler. It polishes rocks by simulating the action of the ocean waves. Rotary tumblers polish rocks much more quickly than the ocean, but it still takes some time to go from rough rocks to polished stones! Expect the process to take at least a month from start to finish. Use these instructions as a starting point for your tumbling. Keep records of the type and quantity of rock and grit/polish, and duration of each step. Use this information to refine your technique for the best results. Rock Tumbler Materials List Rotary tumblerRocks (all the same approximate hardness in a load)Plastic PelletsSilicon Carbide Grits (You may add a 400 mesh SiC step, if desired, before polishing)Polishing Compounds (e.g. alumina, cerium oxide)Lots of Water How To Use a Rock Tumbler Fill the barrel 2/3 to 3/4 full of rocks. If you dont have enough rocks, you can add plastic pellets to make up the difference. Just make sure to use those pellets only for coarse polishing and use new pellets for the polishing stages. Keep in mind that some plastic pellets float, so make sure you add them to the proper volume beforeà adding water.Add water so that you can see it between the stones but do not completely cover the stones.Add grit (see chart below).Make sure your charged barrel falls within the weight allowance for the rotor to be used.Each step runs for at least a week. For the first step, remove the barrel after 12-24 hours and open it to release any gas buildup. Resume tumbling. Dont be afraid to open the barrel periodically to make sure a slurry is forming and to check the progress of the process. The tumbler should have a uniform tumbling sound, not sound like tennis shoes in a dryer. If the tumbling is not uniform, check the level of the load, formation of slur ry, or mixture of rock sizes, to make sure these things are optimal. Keep notes and have fun! Let the rough grind (60/90 mesh for hard stones, start with the 120/220 for soft stones) run until all of the sharp edges have been knocked off the stones and they are pretty smooth. You can expect to lose about 30% of each stone during the tumbling process, with almost all of the loss during this first step. If the stones are not smoothed after 10 days, you will need to repeat the step with fresh grit.After a step has been completed, rinse the stones and the barrel thoroughly to remove all traces of the grit. I use an old toothbrush to get into the hard-to-reach areas. Set aside any stones that are broken or have pits or cracks. You can add them to the first step of the next batch of stones, but they will diminish the quality of all of your stones if you leave them in for the next step.For the next step, you again want the rocks to fill the barrel 2/3 to 3/4 full. Add plastic pellets to make up the difference. Add water and grit/polish and proceed. The keys to success are making cer tain there is no contamination of steps with grit from the previous step and avoiding the temptation to move on to the next step too early. Barrel Grit Mesh 60/90 120/220 Prepolish Polish 1.5# 4 T 4 T 6 T 6 T 3# 4 T 4 T 6 T 6 T 4.5# 8 T 8 T 10 T 10 T 6# 10 T 12 T 12 T 12 T 12# 20 T 20 T 25 T 25 T Helpful Tips for Perfectly Polished Rocks Do not overload your tumbler! This is a leading cause of belt breakage and motor burn-out. When in doubt, weigh your barrel. A barrel for a 3-lb motor should not exceed a weight of 3 pounds when charged with rocks, grit, and water.Oil the tumbler bushings with a single drop of oil, but do not overdo it! You do not want oil on the belt, as this will cause it to slip and break.Resist the temptation to tumble rocks with cracks or pits. Grit will get into these pits and contaminate subsequent steps, ruining the polish of the entire load. No amount of scrubbing with a toothbrush will remove all of the grit inside a pit!Use a balanced load that includes both large and small rocks. This will improve the tumbling action.Make sure all rocks in a load are of the same approximate hardness. Otherwise, the softer stones will be worn away during the polishing process. An exception to this is when you are purposely using softer stones to fill/cushion a load.Dont wash grit down the drain! It will cr eate a clog that is impervious to drain cleaner. I rinse the grit steps outside using a garden hose. Another option is to rinse the grit into a bucket, for later disposal somewhere other than your plumbing. Dont reuse grit. Silicon carbide loses its sharp edges after about a weeks tumbling time and becomes useless for grinding.You can reuse plastic pellets, but take care to avoid contaminating the polishing stages with grit. Use separate plastic pellets for these stages!You can add baking soda, Alka-Seltzer, or a Tums to a load to prevent gas build-up.For smooth river rocks or for any softer stones (e.g. sodalite, fluorite, apatite), you may omit the first coarse grit step.For softer stones (especially obsidian or apache tears), you want to slow the tumbling action and prevent the stones from impacting each other during polishing. Some people have success adding corn syrup or sugar (twice as much as the amount of prepolish and polishing agent) to thicken the slurry. Another option is to polish the stones dry (as in no water) with cerium oxide and oatmeal. Are you interested in using a vibratory tumbler to polish rocks? Then try these instructions instead.
Sunday, February 23, 2020
Summary and response Essay Example | Topics and Well Written Essays - 250 words - 3
Summary and response - Essay Example No shooting has occurred in recent times and men were laid back in informal gear and are generally having a relaxed time before they jumped into battle on this day. The American soldiers at Restrepo (one of the American bases) then witness an Afghani soldier, alongside the author, crawl to his death on the mountainside; and celebrate. This disturbs the author and he begins to explain the effects this type of experiences has on the American soldier; that according to him, no one seems to be paying enough attention to. He says that some of these men have died at war, and they together with the society they come from never take time to evaluate the real effects of sacrificing themselves for their country. In the authorââ¬â¢s view, the country should at least do this for the soldiers. The men lack mentors, necessary physiological needs etc. and have all learnt to embrace this life they lead. It is their source of excitement and they discuss it often with everyone but the public. In th e authorââ¬â¢s view, the important thing in war is survival. The fear of going back to rejoin societyââ¬â¢s normal way of life appears boring and even sad. I would like to respond to the authorââ¬â¢s idea that the soldiers are not bothered by death at the battlefield and the psychological effects are immense. In the past this may have been possible but the American government began employing the use of clinical psychologists to deal with such effects. The clinical psychologist gets to work with the soldiers themselves as well as with their families. This greatly reduces the effects this has on their psyche. I also believe that no one is forced to join the American army and this is a choice they should be prepared to live with. I, however, feel that it is a noble thing for these men and women to sacrifice so much for their country and they shouldnââ¬â¢t be made to feel as if they are suffering. The author describes
Friday, February 7, 2020
The 4As Essay Example | Topics and Well Written Essays - 750 words
The 4As - Essay Example 4Aââ¬â¢s always attempts to improve the agency business. With 750 members and 1250 branch offices, approximately 80% of 4Aââ¬â¢s members are placed in all national advertising agencies. Virtually all of the large multinational agencies are members of the 4Aââ¬â¢s. While at the same time, along with addressing the expectations of shareholders and stakeholders, the organization fulfills its Corporate Social Responsibility (CSR) as well. The association represents advertising agency business to public service work of the Advertising Council, Inc. and Spencer, AAAA Educational Foundation which offers allowances and fellowship to graduate multicultural learners studying advertising at college or graduate school levels. It also runs a group insurance and group pension/profit sharing plan for the benefit of employees in agencies. 4Aââ¬â¢s has its individual composition of constitution, mission statement, by-laws and standards of practice approved by the Board of Directors along with membership together (American Association of Advertising Agencies, 2013). Mission and Purpose of 4Aââ¬â¢s The mission of 4Aââ¬â¢s is to improve and to strengthen the advertising agency business in the United States by counselling members on operations and management by offering collective experience of the many to each. It strives to establish high creativity and business standards by attracting quality workforce to the business. Considering itself as a management oriented agency, the association is focused on providing leadership, support and assistance to the advertising community in serious areas such as compensation, agency operation, talent management, business development, government policy and technology. The organization divides its purpose in short-term and long-term bases. Short-term goal includes endorsing friendly relations within the entire associated agencies and maintaining as well as preserving honesty along with fairness. Moreover, working with the govern ment and consumers on matters which affect advertising is also a key short-term goal. Long-term goal includes fostering social responsibility of advertising and marketing, and fostering scientific research along with innovation to continually improve advertising. Moreover, to provide their members with unlimited access to their full time team of information specialist, which helps a client to meet all the secondary research needs, such as industry statics, creative work, and demographic data, original research, surveys and white papers, comes under their prime purpose (American Association of Advertising Agencies, 2013; SlideShare Inc, 2013). Services Offered by 4Aââ¬â¢s 4Aââ¬â¢s provides insurance and pension/profit sharing plan for the welfare of their associates in agencies. The agency is mainly involved in planning, producing, creating advertisement and performing research along with selecting media. The 4Aââ¬â¢s runs its own research departments. Consulting and advisor y services on a variety of management related topics, training and professional development programmes and research services, including access to specialists and numerous databases are a few more services offered by 4Aââ¬â¢s. 4Aââ¬â¢s devotes a part of its time and energy in facilitating government on matters that have an impact on advertising and marketing communication industry. It has committed a substantial effort in creating responsible practices in two vital areas, food and beverage related advertising to the children along
Wednesday, January 29, 2020
The impact of the Media on Teen Girls Body Image Essay Example for Free
The impact of the Media on Teen Girls Body Image Essay ââ¬Å"Cosmetic makers have always sold (hope in a jar)- creams and potions that promise youth, beauty, sex appeal, and even love for the women who use themâ⬠(Postrel 125). Magazines are filled with digitally transformed images of models with amazing bodies, flawless skin and perfectly styled hair. Television advertisers push their products using the most attractive people with the perfect bodies. Television shows such as October Road and movies like Men or Shoes portray images of sexy, gorgeous woman who have it all; the handsome boyfriend or husband, the great job and amazing friends, while the chubby, not so attractive friend is usually there simply for comic relief. Also shows like the Janice Dickinson Modeling Agency on the Oxygen Network, is another perfect example of media influencing teen girls negatively. On this particular show she holds auditions for aspiring models to come before her and audition in order to gain representation by her Modeling Agency. Instead about 97% of these young girls are harassed and ridiculed on National TV. On this show there is no such thing as constructive criticism or putting it nicely. She points out every flaw, every physical feature that she feels needs to be fixed with plastic surgery or dieting. She even has gone so far as to saying ââ¬Å"I will never accept a plus size model into this agencyâ⬠(Rotchford 72). She has been known to call girls ugly and send many on occasion crying and running for the door. ââ¬Å"Her show is rated number 1 on the Oxygen Networkâ⬠(Rotchford 72). This kind of message is sending young girls the impression that in order to be beautiful like a model and be accepted by society that you have to have a flawless face and thin perfect body and at any cost necessary. The music industry has followed this pattern as well. Music videos (especially of the Hip-Hop category) are usually filled with woman wearing next to nothing, dancing erotically, and having their body parts zoomed in on by the cameras. This kind of music is extremely popular in younger generations, so when these music videos are being seen by them, then these scenes are going to be viewed as being cool as well. Girls will think that that is the type of look I need to have in order to be popular and cool. Teenagers are conditioned to believe that advertisements and media reflect the world. Throughout time the ideal of beauty has differed. During the Renaissance, a beautiful woman was more full figured and pale skinned. ââ¬Å"This reflected her station of rank in societyâ⬠(Eco 212). Her size indicated she had enough to eat and her pale skin showed she did not have to work to sustain a living. During the 1920ââ¬â¢s, the image of beauty changed. Woman wore their hair bobbed, had slender figures and preferred to have smaller breasts. ââ¬Å"The 1950ââ¬â¢s brought more changes with the introduction of icons like Marilyn Monroeâ⬠(Eco 306). Women wanted to be full figured, very curvy with platinum hair and plenty of sex appeal. As times changed and societyââ¬â¢s ideals of beauty changed, one thing remained the same, the pursuit of beauty and perfection. The most obvious victim of the media stereotyping is young girls. Unrealistic images of beauty and perfection bombard these girls through television, magazines and movies. A study was performed to examine the effects of exposure of the media ideals of body image on women, and to determine if it would affect their self-esteem, body satisfaction, start eating disorder symptoms, and maybe change the level of internalization of the thin ideal. ââ¬Å"Women in the experimental group reported lower self-esteem after being exposed to the thin-ideal images compared to the women who viewed neutral imagesâ⬠(Hawkins, Granley, Richards, and Stein 44). ââ¬Å"Moreover, in some cases, feelings of body dissatisfaction and low self-esteem may lead adolescents seeking self-improvement to increase their media consumptionââ¬âresulting in a vicious circle of media exposure, internalization of sociocultural ideals, social comparison with unrealistic images, and further erosion of body satisfaction and self-esteem. Indeed one 13 year old girl in the current study commented that ââ¬Å"magazines are going to exploit the fact that teenagers are often unhappy with themselvesâ⬠(Clay, Vignoles and Dittmar 473). The media dictates what is considered fashionable, the popular hair styles or trends. Images of thin, leggy models in short skirts, shorts and tiny swimsuits having fun, flirting and getting attention from men visually show what is considered to be beautiful. If a girl does not fit into the mold, she may begin to have self-doubt, or body satisfaction issues. ââ¬Å"Idealized images are an influential source of pressure to meet the thin ideaâ⬠(Monro and Huon 89). Society is obsessed with perfection. It is evident in the number of women choosing to undergo cosmetic surgery in the attempt to attain the perfect body, nose, figure and smile. ââ¬Å"We found that girls who engage in more appearance-related discussions and imitation of others had lower appearance satisfactionâ⬠(Dohnt and Tiggean 9). ââ¬Å"We found that girls who watched television shows with an appearance emphasis, such as Friends or Rage, we less satisfied with their appearance. Shows such as soap operas and music television slips that present women as thing attractive, and sometimes provocatively dressed, have also been correlated with body dissatisfaction and disordered eating in adolescentsâ⬠(Dohnt and Tiggean 10). Advertisement Agencies have been questioned about why they only advertise their products with a certain types of models. The answer from each agency was usually almost always the same each time. ââ¬Å"Sexy sells and everyone wants to be beautiful, so we sell our products to the world using beautiful people. This shows the population that beauty is within their grasp and that they too can obtain itâ⬠(Monroe 160). Janice Dickinson who is also in the media has stated that ââ¬Å"she says no to plus size models in her agencyâ⬠(Rotchford 72). ââ¬Å"We live in America, arenââ¬â¢t we allowed to do what we want with our own businesses? I own this agency; if I donââ¬â¢t want fat ugly models representing it then thatââ¬â¢s my rightâ⬠(Rotchford 70). Miss Dickinson has a point, but she fails to realize what her actions and her show is reflecting on to young girls. Young girls live in an appearance-focused society, where images of perfection are broadcast in every form of media. Girls are developing low self-esteem, eating disorders, and are striving to obtain perfection and acceptance. And the kind of media that we have is doing nothing but fueling this fire that has been burning rapidly for a long time. If young girls are not offered a more realist image of beauty, they will continue to be dissatisfied with their appearance and suffer from low self-esteem. There have been some developments recently to try and change this pattern. ââ¬Å"In the past few years marketers at Dove have added some new and improved enticementsâ⬠(The Atlantic, The Truth About Beauty 125). The new campaign declares that every woman is beautiful and ignoring imperfections indicates self-esteem. ââ¬Å"Oprah covered the story, and so did the Today show. Doveââ¬â¢s campaign, wrote Advertising Age, ââ¬Å"undermines the basic proposition of decades of beauty-care advertising by telling womenââ¬âand young girlsââ¬âtheyââ¬â¢re beautiful just the way they areâ⬠(The Atlantic, The Truth About Beauty 125). Imagine, a beauty-care company selling their products not by enticing young girls with unrealistic images of women who achieved perfection by using their products, but by showing women and young girls they are beautiful to being with and can accentuate their beauty by using their products. Dove expanded the definition of beauty without losing the concept. This was a novel approach that seems to be catching on. Every girl deserves to feel beautiful, smart, important and secure. Another Dove campaign focuses on young girls insecurities about their appearance. ââ¬Å"Every girl deserves to feel good about herself and see how beautiful she really isâ⬠(The Atlantic, The Truth About Beauty 127). Television shows are beginning to follow in the same example as the Dove campaign. One such show is Ugly Betty, which is about a young woman from Queens who doesnââ¬â¢t fit the standard media beauty and works for a fashion magazine where everyone is image obsessed. Instead of conforming to the standards of her co-workers, Betty maintains her integrity and shows that being a kind, smart, and caring person is what makes you truly beautiful. As time passes, people begin to see that Bettyââ¬â¢s beauty does not lie in her physical appearance but in her spirit and compassion. If images like this continue, more girls will begin to see that their own inner strength, self-assuredness, and integrity are more beautiful than the images that you see splashed across any fashion magazine or TV show. These are real qualities that any girl can obtain. Society is always going to have its own opinion of what beauty is. And this will always be perpetuated through media. If we start recognizing the impact that the media has on the self-esteem of young girls, and instead present strong, confident, and capable women achieving their goals, then young girls will being to believe that the image of beauty has a new faceââ¬âtheirs.
Tuesday, January 21, 2020
Between Logic and Heuristic :: Calculus Mathematics Essays
Between Logic and Heuristic* ABSTRACT: This article aims to construct a new type of logical calculi-logical heuristic calculus which contains the means of reducing complete search. Such a heuristic component of calculus is reached with the help of meta-level means. The principal means for reducing search is structural information about information about contrary literals of formula. There are two major approaches to studying the process of reasoning (à «problem-solvingà »). On one hand, it is necessary to discover and investigate correct modes of reasoning in which the property of à «truthà » is preserved. This task which can be formulated as the question à «what is a correct reasoning (proof)?à » is considered in Logic. In order to decide this problem, Logic is based upon the concept of à «logical formà ». There is a special syntactical method to deal with this conceptââ¬âthe method of construction of a logical calculus. In this respect, the calculus in question is a à «black boxà » which guarantees the à «trueà » conclusion under the à «trueà » premisses. Thus, Logic (logical form) gives the answer for the question about correct reasoningââ¬â à «the correct reasoning is a proofà ». But logical syntax, as a à «black boxà »Ã¢â¬â calculus, isnââ¬â¢t interested in the real process of derivation building, in studying the question about methods of proof-search, in studying and construction a more manageable and efficient machin ery of à «truthà » preserving. Availability of any method of exhaustive (complete) search, e.g. à «British museum algorithmà », is quite enough for Logic (logical form). On the other hand, the process of à «problem-solvingà » can be investigated in the light of the following question: à «how is it possible to build a piece of correct reasoning?à ». This task is considered in Heuristic. Heuristic investigates general principles and methods of à «problem-solvingà ». Computer Heuristic (computer heuristic method) is a system of rules (a rule) for essential reducing the complete search, i.e. heuristic methods are opposed to exhaustive search methods. The area of intersection of Logic and Computer Heuristic is proof-seach theory (PST), which investigates possible methods of à «problem-solvingà » (à «how is it possible to build a proof?à ») in some calculus. PST deals with the heuristic component of proof systems. More precisely, the aim of proof-search theory can be defined as follows: à «discovering, on the basis of a calculus and an entity in the calculus in question of the structure of a possible derivation of this entity, a derivation which is interesting in some respectà ».(1) Thus, proof-search theory can be included into the logical pragmatic (look at Fig.
Monday, January 13, 2020
Interpreting Financial Reports
Companies like ABC SDN BHD, a corporation in Malaysia prepare and furnish financial statements on a regular basis for the purpose of providing stakeholders reports of the companyââ¬â¢s financial standing. However, accounting is not easy to analyze regarding how a particular company is doing financially in relation to others in the industry. One of the best ways to compare two businesses is to perform a ratio analysis on the companyââ¬â¢s financial statements. A ratio analysis is commonly use in financial statements that looks at various numbers, such as net profit or total expenses and analyze the relationship between each other.According to Parrino, financial ratios are used in financial analysis to eliminate problems caused by comparing two or more companies of different size or when looking at the same company over time as the size changes (p. 85) Financial Ratios are grouped by their purpose but the most common ratios are Liquidity, Debt, Turnover, and Profitability. The ke y users of financial ratios have variations. Short-term creditors may use liquidity ratio. Potential lenders or existing lenders may use leverage ratio, and top corporations may use turnover ratio.Investors and stockholders may be more interested with profitability ratio to get their information. The two most common Liquidity Ratio are Current and Quick Ratio. Inventory Turnover Ratio, Accounts Receivable Turnover or Total Asset Turnover ratios can be used to determine a companyââ¬â¢s turnover or efficiency ratio. To determine a companyââ¬â¢s leverage, the Debt Ratio or the Debt-to-Equity Ratio is the preferred tool to use. The Return on Assets Ratio can determine the profitability of the company,The financial highlight of ABC SDN BHD, a corporation in Malaysia describes profitability, liquidity, assets, and capital. The companyââ¬â¢s profitability shows a decrease in turnover, recovery of earnings, and lower cost of sales but higher total operating expenses. The companyâ⠬â¢s liquidity shows a satisfactory liquidity standing and experienced cash flow inflexibility. The companyââ¬â¢s asset management shows a reduced efficiency of the management of units and assets, lengthened collection but shortened payment periods, and a good inventory control.The companyââ¬â¢s capital structure and solvency undertaken a much greater current liabilities than long-term liabilities to finance its operation, and the current liabilities are reported to be rising. There is a lower leveraged for the group more dependent on equity than debt to fund its assets. Through financial statements, a company can compare and rate their performance with related industry. The key is to select companies to invest in and compare rate of returns, future terms, and evaluate potency and weak points.Comparative study of ratios and benchmark are useful for investors and management. Management can use it to get information for future decision-making process, and investors can analyze related risk. According to Northwest Farm Credit Service, a ratio greater than 1. 50 is considered good, between 1. 00 and 1. 50 is descent, and less than 1. 00 is not promising. Equivalent to at least 20 % of total annual operating expenses is fakir for debt to assets ratio and should be less than 30 % to be thought of as a good one. 30 to 50 % descent and greater than 50 % is considered poor.Operating margin of 25 % or greater is good, 10 % to 25 % descent, and less than 10 % is below average (2008) Ratio comparison provides important information to businesses and potential investors and shareholders. However, although ratio calculation provides a glimpse of the financial status, of a company, it can be misleading if not interpreted properly. Fluctuations occur from quarter to quarter and numbers can change, depending upon sales, stocks, revenue, and operating cost. Ratio comparison is a valuable toot if caution is taken into consideration.
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