Thursday, December 26, 2019

Feminism in Medea by Euripides Essay - 1000 Words

Feminism in Medea by Euripides The play Medea by Euripides challenges the dominant views of femininity in the patriarchal society of the Greeks. While pursuing her ambition Medea disregards many of the feminine stereotypes/ characteristics of the patriarchal Greek society. She questions the inequality of women in a patriarchal society, contradicts Jason?s chauvinist beliefs, challenges the stereotype that women are weak and passive and completely disregards the feminine role of motherhood. Feminism is the belief that women and men are, and have been, treated differently by society, and that women have frequently and systematically been unable to participate fully in all social arenas and institutions. This belief is confirmed in†¦show more content†¦Then she was transferred to the home of her husband where she was to fulfill her principal function, the bearing and rearing children. Medea shows the inequality of women in Greek society. The betrayal of Medea by Jason through h is marriage to another woman enrages Medea. She begins to question the role and position of women in a patriarchal society. Are we women not the wretchedness? We scratch and save a dowry to buy a man?Our lives depends on how his lordship feels. For better for worse we can?t divorce him.(p.8, Medea). However, a husband tired of domesticity, Goes out sees friends and enjoys himself?.(p.8and 9, Medea). Medea compares the virtual slavery of women to the absolute freedom of men, showing the inequality and disempowerment of women in society at that time. Jason?s chauvinist beliefs are put under the microscope. Jason airs his views about what all women want: If they?re (women) happy in bed, they?re happy everywhere. By comparing Medea?s pure feminism to Jason?s selfish chauvinism, Euripides brokers sympathy and support for feminism from the audience. Medea questions the firmly held belief in Greek society that women are weak and passive. Wanting revenge on Jason for his betrayal of her, Medea must take control of the situation, a stereotypical masculine quality. Though she cannot become a man or take power like a man, she perceives herShow MoreRelatedEssay on Feminism and its Role in Medea1048 Words   |  5 PagesIn Medea, by Euripides, conflicts play a major role in the creation of the play. Some examples of these conflicts are with Medea and Jason, Medea and herself, and Medea and Creon. Medea is shown to be a strong, independent woman who does what she wants as well as doesn’t let anything stand in her way. She shares qualities of a traditional male at the time, and the qualities of a traditional female. Euripides makes this clear in the play by creating conflicts to prove women can be a powerful characterRead MoreAs A Society, We Are Being Continuously Taught Not To Stray1506 Words   |  7 Pagesroles that exi sted. Throughout Euripides’ Medea, the audience and readers are shown the consequences that said gender roles create. They are a part of history that may never be overcome, as developed in the play. Gender roles may never be overcome in society, nevertheless it is important to remember that they do not define a person, let alone decide their fortune. Equality should not be perceived as an opinion, but as a right. By performing a feminist reading of Medea, it is evident that the main characterRead MoreThe Mythology Of The Greek Society1603 Words   |  7 Pagesconcept of centering a story around a woman. Yet despite living in this society as described, Greek playwright Euripides was the first voice of protofeminism in the Athenian society. His play Medea was the first historical piece that recounted the plight of a women through an actual female protagonist. This was unheard of and almost revolutionary until the Elizabethan era. Though Euripides’ lived in a dangerously powerful misogynistic society, his writing presented a sympathetic portrayal of femalesRead MoreFeminist Theory : The Beginnings Of Feminism1571 Words   |  7 Pages The Beginnings of Feminism â€Å"Feminist theory is an attempt to bring in views from the movement and other female experiences along with research and data information to create new ways to putting an end to female oppression (Kolmar and Bartkowski 12).† Women of all time periods use feminist theory to collaborate together on their real life experiences to come up with ways to make women apart of everyday life. Throughout the different time periods, women have gained more and more power into societyRead MoreEuripides : Feminism Vs Misogynist 1422 Words   |  6 Pages2015 Euripides: Proto Feminism Vs Misogynist At the time of writing Medea in ancient Greece it was the complete norm for men to be incredibly misogynistic sexist, and although there are many that say otherwise, Euripides falls under the same category as the men of the time. Scholars, professors, and students alike proclaim that Euripides was one of the first few men who would be considered a feminist, a â€Å"champion of woman’s equality† (Wright 7), because of his writing of Medea, a playRead MoreMedea the Feminist Essay1328 Words   |  6 PagesThe role of women in Greek society is a major theme in Euripides’ Medea. In ancient Greek society, women are frail and submissive according to men, and their social status is considered very inferior. Feminism is the theory of men being treated differently than women and the male dominance over women in society. Because of Jason’s betrayal of Medea, she is a challenge to the traditional views of ancient Greek society based on her actions. She w onders about the differences between the treatmentRead MoreMedeo is a Play Based on the Myth of Jason and Medea Written by Euripides1248 Words   |  5 PagesMedea is a play based on the myth of Jason and Medea written by Euripides. The play involves the love between two mythical characters: Jason and Medea. The play reaches its climax when Medea is betrayed by Jason when he choses another woman for her youthful beauty. Euripides is able to involve the audience by using dramatic scenery on how Medea choses to respond to this theatrical situation according to the patriarchal culture she lives in. Furthermore, the analysis focuses upon the system of masculinityRead MoreMedea Plot Analysis1392 Words   |  6 PagesMedea is an ancient Greek tragedy play written by Euripides. The play bases itself on the ancient myth of Jason and Medea. The plays plot centers itself on the actions of Medea who was the Barbarians former prince who seeks revenge against Jason who betrayed her with anothe r woman. Considered as one the best work produced by Euripides, the play has earned the writer several awards including the Dionysian festival awards in 431BCE (Williamson 1) Therefore, the purpose of this paper is to discussRead More Medea, by Euripides - Constructing Medea’s Compelling Persona1194 Words   |  5 PagesMedea, by Euripides - Constructing Medea’s Compelling Persona In the play Medea, by Euripides, many techniques are incorporated to augment the compelling persona of the protagonist, Medea. She has an overpowering presence, which is fashioned through the use of imagery, offstage action and language. Dramatic suspense, employment of the chorus and Deus Ex Machina also serve to enhance the intense persona assumed by Medea. Medea is frequently associated with images of violence and rage. â€Å"She’sRead MoreMedea As A Feminist Hero1378 Words   |  6 PagesIn Euripides, Medea is portrayed as a feminist hero. In a society where men are clearly the dominant figure, Medea stood her ground and allowed no man to change her views. The society stereotype where men are the more powerful, dominant gender was definitely prevalent and recognized in Ancient Greece at the time. Women living in this society were discriminated against daily and were looked at as less important. Medea was a play meant to show the unequal treatment of women in Greek society during

Wednesday, December 18, 2019

The Hopelessness Theory of Depression - 1798 Words

In my literary research review, I will look at articles presenting research on the effectiveness of Cognitive Behavioral Therapy on those who are suffering from depression. The articles will be discussing Cognitive Behavioral Therapies effectiveness on those of different ages and genders. The literature will research and review quantitative and qualitative studies and what their outcomes revealed. Research on the effectiveness of Cognitive Behavioral Therapy (CBT) for those who are suffering from depression shows that in the short term, the effectiveness is similar in results to medical interventions. However, in treating depression for a long time, Cognitive Behavioral Therapy is shown to be successful. The additional information learned†¦show more content†¦Ã¢â‚¬Å"In a follow-up study conducted twelve months post-treatment showed that relapse rates were lower among patients who received Cognitive Behavioral Therapy (39%) versus those who received antidepressant medication (65%)†. (Hollon, Shelton, Loosen, 1991) Cognitive Behavioral Therapy is also an excellent therapy for the elderly; studies have shown improvement in emotional functioning with its use. Cognitive Behavioral Therapy studies show that using it for treatment is a good way to address several complications in the elderly, which not only includes depression, but also helps with issues such as anxiety, substance and alcohol abuse and problems with their physical bodies, mobility, and other medical problems. (Satre, Knight, David, 2006) Highlighting the empirical studies of the patient’s thoughts, evaluations, interpretations and expectations separated Cognitive Behavioral Therapy from other forms of psychotherapy. The outcome of several studies yield comparable results in elderly people who receive Cognitive Behavioral Therapy when compared to results stated from the studies of the under-65-year old age group. The conclusion of these studies is that both young and old can benefit from Cognitive Behavioral Therapy (Laidlaw, 2001) Satre, Knight, David, (2006) also show in their article howShow MoreRelatedThe Hopelessness Theory of Depression776 Words   |  4 PagesThe hopelessness theory of depression is a reformulated theory of helplessness and depression. Hopelessness depression is a proposed subset of depression with strong implications about the power of perception. There are many negative symptoms, which accompany hopelessness depression. Hopelessness is the sufficient cause of hopelessness depression and is a phenomenon, which deserves a lot of attention. This paper reviews the various elements of hopelessness depression, reviews its causes and consequencesRead MorePositive, Positive And Positive Psychology1413 Words   |  6 Pagessadness and emotional problems (Ciarrochi et al., 2007), low levels of depression and anxiety (Snyder et al, 1997) and students with high hope have reported feeling more confident and motivated compared to students with low hope (Snyder et al, 2002). Moreover, Lazarus (199 1), has identified hope to be a coping mechanism for individuals that are dealing with stressful, painful or traumatic life experiences. Hopelessness is the inclination that circumstances will not improve or the belief thatRead MoreAaron Beck Youngest Of Five Children1634 Words   |  7 Pagesbehaviors such as depression. â€Å"Beck struggled to find a way to help his depressed client’s better capture their emotions. He realized that many of his depressed clients experienced recurring negative thoughts and that as long as they believed these thoughts to be true, they would continue to have symptoms of depression†(GoodTherapy.org). Beck spent much of his career at the University of Pennsylvania and advocated for the application of cognitive behavioral therapy in the treatment of depression and otherRead MoreThe Client With Anxiety And Depressive Symptoms1377 Words   |  6 Pagesto a professional counselor by his family physician. He has been experiencing severe symptoms of depression and anxiety that has a 3 month duration and has been progressively getting worse. He has admitted to thoughts of suicide ideation an option, feelings of hopelessness and is unsatisfied with his life, hence, questioning his existence. He has disclosed a pattern in his family of paternal depression from both his father and grandfather along with negative feelings towards his father, feeling persecutedRead MoreAaron Beck, An American Psychiatrist1188 Words   |  5 Pagesbehaviors such as depression. â€Å"Beck struggled to find a way to help his depressed clients better capture their emotions. He realized that many of his depressed clients experienced recurring negative thoughts and that as long as they believed these thoughts to be true, they would continue to have symptoms of depression†(GoodTherapy.org). Beck spent much of his career at the University of Pennsylvania and advocated for the application of cognitive-behavioral therapy in the treatment of depression and otherRead MoreMajor Types Of Major Depressive Disorder ( Mdd ) Essay927 Words   |  4 Pagesthe most common psychological dis orders. Bipolar Disorder (BD) is a psychiatric mood disorder that is characterized by dramatic and unpredictable mood swings. Symptoms include severe depression, euphoria, distractibility, irritability, and grandiosity. Usually patients diagnosed with bipolar disorder can have depression as the initial onset symptom. There are three types of BD: Bipolar I Disorder, Bipolar II Disorder, and Cyclothymia. Bipolar I Disorder includes at least one lifetime manic episodeRead MoreDiagnosing Bipolar Disorder659 Words   |  3 Pagesperson with bipolar disorder spends in state of depression, manic, hypomanic, mixed, or cycling. Biplore 1 When a person experiences at least one but more manic episodes, alternating with major depression, sufferers with mania episodes have periods of rapid cycling which can be excessive or sometimes combative demeanors. These emotional states go from one extreme to the other. This emotional state will is followed by periods of withdrawal, and hopelessness. When these episodes become constant or tooRead MoreThe Interaction Of Cognitive Therapy878 Words   |  4 PagesCognitive Therapy (ICS) Study An accruing relapse of depression is hard to overcome nevertheless; preventing these relapses is the key. The length of depression constitutes a major problem in the treatment of depression. However, many evidences suggest that psychological treatments have been withdrawn to the many treatment trials that have been found in cognitive therapy such as drugs or different types of therapy that defends against depression. â€Å"The preventive interventions such as the drugs operateRead MoreTheories About Perfectionism And Suicidal Ideation, And Its Dimensions On Depressed Adolescent Patients1334 Words   |  6 Pages The psychological study by Paul.L Hewitt and Gordon L.Flett investigated the theory about perfectionism and suicidal ideation, and its dimensions on depressed adolescent patients. According to this article, we could say that researchers used for this study correlational method, which comprises sample data based on five independent variables such as perfectionism, str ess, daily hassles, hopelessness, and suicide potential. The sample data consisted of 55 adolescents, who completedRead MoreDiscuss the Effectiveness of Cbt as a Treatment for Depression1428 Words   |  6 PagesDiscuss the effectiveness of CBT as a treatment for depression Cognitive Behavioural Therapy (CBT) is a talking psychotherapy that is now commonly available through general practice as a low cost alternative treatment to antidepressant drugs. Individuals with depression, a mood disorder, are found to have low levels of neurotransmitters (Schildkraut, Green amp; Mooney, 1985) and were traditionally treated with selective serotonin re-uptake inhibitors (SSRIs). According to NHS statistics, SSRIs

Tuesday, December 10, 2019

Hi-Fi Financial Analysis free essay sample

The question asks us to compare and evaluate JB Hi-Fi’s calculated ratio report, with that of the retail industry ratio report (Potter, Libby, Libby, Short p. 1133). The retail ratio report is comprised of a basket of listed companies which operate under the retail banner, which makes it relevant to use as a comparison to JB Hi-Fi. 1. Liquidity ratios are a class of financial metrics that is used to determine a companys ability to pay off its short-terms debts obligations. Generally, the higher the value of the ratio, the larger the margin of safety that the company possesses to cover short-term debts. Table 1: Current Ratio Current ratio: This ratio measures whether or not a firm has enough resources to pay its debts over a twelve month period, comparing its current assets, with its current liabilities. | 2010: 1. 25| 2011: 1. 45| Industry: 2. 67| Comparison: The industry average of 2. 67 indicates that for every dollar owed, companies, on average will have . 67 available in assets to convert into cash in the short term. From the JB Hi-Fi data calculated, it is interesting to note that current ratios of 1. 45 in 2011 and 1. 5 in 2010 are significantly below the industry average. However, this is not too concerning because JB Hi-Fi still have a ratio above 1, and therefore would still be able to meet their current obligations. The lower figure may be explained by the fact that JB Hi-Fi may have a high turnover of current assets, such as stock, which if sold before accounts payable become due, would decrease the current ratio. Table 2: Quick Ratio Quick ratio: This ratio examines a firm’s ability to use its quick assets to extinguish its current liabilities immediately. Inventory or stock is generally excluded from this equation in order to produce a more accurate account of the firm’s ability to meet its short term obligations| 2010: 0. 33| 2011: 0. 27| Industry: 1. 92| Comparison: The quick ratio measure’s an organisations ability to meet its current obligations with its most liquid assets. As inventory might not be turned into cash as promptly as other current assets, the quick ratio follows a more conservative approach than the current ratio and excludes inventory from current assets. JB Hi-Fi’s quick ratio declined from 0. 33 to 0. 27 in 2010 to 2011 which are both alarmingly low from that of the industry’s quick ratio of 1. 92. The organisation is clearly lacking in meeting its prompt liquidity requirements. 2. Activity ratios assess a firm’s ability to convert different sectors of the balance sheet into cash or sales. Table 3: Inventory turnover Ratio Inventory turnover: This ratio measures the flow of stock within a certain time period. It assesses how long it takes for stock to be sold within a business. In this case, the industry report indicates an average of 50 days inventory turnover throughout the retail industry. This is in comparison to 58. 67 (2011) and 56. 30 (2010) days it took JB Hi-Fi to move on stock within the business. These numbers hold up quite well to the industry average when taking into consideration the number of 45 firms used in the calculations. JB Hi-Fi takes approximately 7 days longer than average to move on their inventory, which in the scheme of things is a relatively insignificant difference. Table 4: Accounts Receivable Ratio Accounts receivable: This ratio measures a firm’s effectiveness in extending credit as well as being able to collect debts| 2010: 1. 45| 2011: 1. 34| Industry: 25. 78| Comparison: In this situation, the retail sector average is 25. 78 days taken to receive cash from customers, compared to 1. 34 (2011) and 1. 45 (2010) days for JB Hi-Fi to collect its money from its debtors. This is positive for JB Hi-Fi as it indicates that it performs extremely well when it comes to collecting from debtors. The company’s figures are well below that of the industry average which is a positive achievement for JB Hi-Fi, as they are able to receive money quickly for credit sales. Table 5: Fixed Asset turnover Ratio The fixed-asset turnover: This ratio measures a companys ability to generate net sales from fixed-asset investments| 2010: 11. 03| 2011: 11. 25| Industry: 5. 26| Comparison: Here the industry average is 5. 26 times, compared to JB Hi-Fi’s figures of 11. 25 (2011) and 11. 03 (2010) times. This indicates that JB Hi-Fi is able to generate greater sales from its fixed assets, when compared to the market average. Generally, firms with a higher fixed asset turnover are successful in getting the most out of their assets, and in turn are able to generate higher revenues. Here JB Hi-Fi outperforms its sector, and this indicates that it is in a strong position to generate sales from the assets it has available. Table 6: Total Asset Turnover Ratio Total asset turnover : This ratio measures the efficiency of a company’s use of its assets| 2010: 3. 97| 2011: 4| Industry: 3. 17| Comparison: This ratio calculates the amount of sales generated for every dollar worth of assets. The retail average is 3. 17 times whilst JB Hi-Fi is slightly higher at 4. 00 (2011) and 3. 97 (2010) times. This indicates that JB Hi-Fi may have lower profit margins, when compared to the rest of the industry. This may be explained by the fact that JB Hi-Fi is more cutthroat and competitive when it comes to pricing, trying to gain as many sales as possible. Table 7: Days Payables Ratio Days payables: This is a ratio which examines the swiftness of a company in paying their creditors or suppliers. | 2010: 48. 09| 2011: 46. 73| Industry: 58. 83| Comparison: Days payables are a ratio which examines the swiftness of a company in paying their creditors or suppliers. The industry average for this ratio is 58. 83 days, indicating it takes this long on average for the retail industry to pay for its supplies. In comparison, JB Hi-Fi took 46. 73 (2011) and 48. 09 (2010) days on average to pay its creditors, in the given years. This represents a different of almost two weeks, which, when considering companies want their money as quick as possible, leave JB Hi-Fi with a positive reputation amongst its suppliers. The benefits of having a lower ratio in this situation may be that JB Hi-Fi receives a discount on credit deals for having paid in a shorter period. However, companies must be careful to avoid letting cash flow out of the business too quickly, if there is no reasonable gains to be made. This can be viewed as an advantage and a disadvantage as the company can hold off paying the creditors’ this quickly and invest the funds in generation of more revenue. 3. Profitability ratios are important when assessing the profitability of a business. They give management useful insight into where and how they can improve the operations of a business. Table 8: Net Profit Margin Ratio The net profit margin: This ratio show the proportion of every dollar of sales that is left after all expenses has been paid, and remains as net profit. | 2010: 4. 34| 2011: 3. 71| Industry: 2. 45| Comparison: Although it is difficult to accurately compare profit ratios for different entities, as financial arrangements and expenditure vary greatly from business to business, it is valuable to compare how JB Hi-Fi stands up to the rest of the retail sector, in terms of profitability. The net profit margin is 2. 45% for the retail sector, whilst JB Hi-Fi operates at 3. 1% (2011) and 4. 34% (2010), which indicates a reasonably higher net profit margin. This may indicate that JB Hi-Fi carries a higher margin of safety and less risk, compared to the average retail sector net profit, as a decline in profits would leave less of a strain on JB Hi-Fi. Having a higher net profit margin than the sector average leaves JB Hi-Fi in a good position to be a strong performer within the industry. Table 9: Return on equity Ratio Return on equity: This ratio indicates the amount of net income returned as a percentage of shareholders’ equity| 2010: 45. 1| 2011: 49. 23| Industry: 16. 8| Comparison: Return on equity measures a corporations profitability by revealing how much profit a company generates with the money shareholders have invested. The sector average for return on equity is 16. 8%. Return on equity ratio measures the corporations profitability by revealing how much profit a company generates with the money shareholders have invested. In the case of JB Hi-Fi this ratio is very high compared to that of the industry. With 45. 41 in 201 0 the ratio increased to 49. 23 in 2011. Table 10: Return on assets Ratio Return on assets: This ratio shows how profitable a companys assets are in generating revenue. | 2010: 25. 45| 2011: 21. 95| Industry: 7. 77| Comparison: Here the retail average is 7. 77% whilst JB Hi-Fi is almost triple at 21. 95% (2011) and 25. 45% (2010). This shows that JB Hi-Fi is superior to its industry average and its assets are highly successful in generating revenue. It shows that JB Hi-Fi management is successful in utilising assets correctly and gives them an advantage over the competition within the retail industry. Return on Assets ratio gives an idea as to how efficient management is at using its assets to generate earnings. This ratio declined from 25. 45 to 21. 95 in the case of JB Hi-Fi but was still high in comparison to that of the industry’s ratio of 7. 77. The higher the ROA number, the better, because the company is earning more money on less investment. Table 11: Quality of income Ratio Quality of Income: This Ratio is computed by dividing Cash Flow from Operating Activities by net income. | 2010: 128. 19| 2011: 100. 23| Industry: 7. 03| Comparison: As the ratio indicates the proportion of income that has been ealized in, high levels for this ratio are desirable. In the case of JB Hi-Fi these ratio showed a decrease but they still remained well above the industry ratio. 4. Leverage ratios are ratios used to calculate the  financial leverage of a company to get an idea of the companys methods of financing  or to measure its ability to meet financial obligations. Table 12: Times interest earned Ratio Times Interest earned: This ratio indicates the number of times a company can cover its interest charges on a pre-tax basis| 2010: 25. 17| 2011: 25. 94| Industry: 64. 2| Times interest earned or interest coverage ratio is a measure of a companys ability to honour its debt payments. It may be calculated as either EBIT or EBITDA divided by the total interest payable. In this case, the sector average is 64. 72 times whereas JB Hi-Fi had the figures of 25. 94 (2011) and 25. 17 (2010) times. Clearly, JB Hi-Fi differs significantly from the sector averages, however both figures are significantly greater than 1 and therefore there does not seem to be a problem for JB Hi-Fi to meet its obligations. Table 13: Asset/equity Ratio The asset/equity ratio shows the relationship of the total assets of the firm to the portion owned by shareholders, also known as owner’s equity. | 2010: 2. 63| 2011: 3. 32| Industry: 2. 16| Comparison: Assets/Equity leverage ratio measures the company’s capacity to generate assets from its shareholders equity. Both in 2010 and 2011, the Asset/Equity ratio was higher than the industry ratio. However the difference between these ratios is only minimal. 5. Dividends identify the percentage of earnings (net income) per common share allocated to paying cash dividends to shareholders. Table 14: Dividend Yield Ratio Dividend yield Ratio: This is the companys total annual dividend payments divided by its market capitalization, or the dividend per share, divided by the price per share. | 2010: 3. 29| 2011: 4. 75| Industry: 4. 75| Comparison: The dividend yield or the dividend-price ratio on a company stock is the companys total annual dividend payments divided by its market capitalization, or the dividend per share, divided by the price per share. This ratio reflects how much a company pays out in dividends each year relative to its share price. The dividend yield ratio was relatively the same for JB Hi-Fi in comparison to that of the industry. Table 15: Price Earnings Ratio Price Earnings Ratio: This ratio is a valuation ratio of a companys current share price compared to its per-share earnings. | 2010: 17. 18| 2011: 16. 77| Industry: 12. 16| Comparison: Price/earnings ratio is the valuation ratio of a companys current share price compared to its per-share earnings. This ratio was high in 2010 which decreased in 2011. Both of these ratios, however were high than the industry ratio. In general, a high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. Investor recommendations Looking at both the liquidity and activity of JB Hi-Fi, we can make a determination of the stability of the business through their ability to pay debtors and their earnings through everyday operations. JB Hi-Fi’s liquidity to repay short-term debts is positive; however, looking at the quick ratio, they are unable to meet their obligations in the short-term. Because they operate with high levels of stock, up to $400 Million at the end of the financial period, this may paint JB Hi-Fi in a negative light. When looking at collection of debts, JB Hi-Fi’s business model ensures that debts from customers are collected within a staggering 2 days. This is perhaps reliant on the financing institutions JB Hi-Fi has partnered with that enable a quick turn around in collecting sales on credit. This is an extremely positive aspect of the business and management of JB Hi-Fi to remain liquid. The generation of sales from assets shows that JB Hi-Fi is able to move vast quantities of stock, resulting in net sales of $3 billion. Such a figure enhances the fixed asst turnover, yet remains steady in comparison to the industry total asset turnover. The total asset turnover ratio suggests that JB Hi-Fi is generating huge sales, yet their profit margins remain low. JB Hi-Fi’s net profit has remained higher than industry averages, and indicates management’s ability to generate sales from the assets it has at their disposal. JB Hi-Fi’s profitability, although waning in 2011, shows that they are a strong performer in the current climate. Quality of income shows that the proportion if income that has been realised as cash. As for JB Hi-Fi, they have a very high cash turnover, and their ability to generate cash flows is extremely strong as compared to the industry average. The ability to repay debtors is relatively on par with the industry average. Yet, it shows JB Hi-Fi still have substantial cash flow in paying creditors, as there is a substantial difference in COGS and accounts payable, to the order of $2 Billion paid to suppliers and other creditors throughout the period. JB Hi-fi’s ROE and ROA ration is almost triple the industry average. It shows that JB Hi-Fi management is highly successful in generating revenue and utilising assets correctly. However, in terms of leverage, times interest earned was only 40% of the industry average and its financial leverage is almost 50% higher than the industry average. It is suggested that JB Hi-Fi should not extend its finance liabilities from the creditors to finance its further investment as the currently level is already high. But, according to Bell (2012), management is persisting with the store rollout 16 will open in 2012, while the meantime the margin has been squeezed due to industry changes. There is no more serious threat, that the company will become a high-volume, low-margin retailer. Investing capital in to a declining business such like this will only things worse. However, if they stop rolling out more stores, the leverage will not become a major concern at this point of time as their earnings can cover 25 times of its interest. Evidence can be seen from positive financial leverage percentage (ROE-ROA0). JB Hi-Fi’s price earnings ratio is higher when compared with the industry average. However, this ration decreased in 2011. Which suggest that investors are expecting lower earnings growth in 2011 than 2010. The dividend yield for JB Hi-fi is the same as the industry average in 2011 which increased from 2010’s 3. 29% to 4. 75% and annual dividend increase from 2010’s 62c to 81c in 2011. Its shows, that the JB Hi-Fi has adopted the policy to increase its dividend for shareholders, as the lower growth expectation from investors. This made the company more attractive for investors who looking for regular cash flow. Based on the financial analysis, we believe that JB Hi-Fi will keep performing in the areas of business activity, profitability and paying an attractive dividend. However, investors have to pay attention to its financial leverage and liquidity to pay its creditors to avoid the risk that the company may become insolvent.

Monday, December 2, 2019

Is Social Life More Important Than free essay sample

That does not mean that, social life is to important but equally important. Both need to be managed equally. Well, the difference is, academics take you far in life and it determines your success and quality in your future life. According to JEFF KELLY JANUARY 20, 201 3, in his Poorly Educated But Incredibly Successful People, he clearly listed the 10 great people who are successful in life in spite of less educated. All these 10 people proved that education is just a base for once knowledge but does not became a base for ones success in life. Also, Accordingly to Robert Sukiyaki, Posted on: Tuesday,April 09, 201 3, 50 Extremely Successful People Who Never Finished School, he stated that, school does not a make a person successful because it does not teach financial education. In fact of the successful people are successful in life without finishing his school. He supported his article by giving example of people who never finished their school but are successful in their life. We will write a custom essay sample on Is Social Life More Important Than or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Few of them are, George Washington, President of the Ignited States, Abraham Lincoln President of the United States, John Major, Prime Minister of England, Winston Churchill Prime Minister of England, Ray Crock Founder ofMcDonalds, John D. Rockefeller, Founder of Standard Oil and may more. There are many students who wrote their views in a blob stating that, education is important but social life is more important. Few of them stated that education is important and few stated that, social life is important. And some feel that, both are important. They also stated that, education is more important for a better and a secure future. At the same time, they would get insane, if they just keep studying all the time. It is true that, people who are just stuck up with education all the time would definitely get insane.Education is defiantly important, but that does not mean that, education alone is important. Social life for one self is more important, and education is only important for a better and a quality life. It is important to know that, personality of each individual takes form from family, education and social life. For example, a child learns as he grows, firstly he learns from his mother, then he tends to learn from his family, and then as he grows and is put in school, even before learning things from education and academics, he tends to learn things from other children. He tends to learn their habits. He learns what life is, from his friends. He faces different phases of life with different experiences that he comes across. He fails and get up and still strive to achieve the set goals in life. All these experiences are not thought in any educational system or any school or colleges. All these are learnt by social life alone. A explores new things, his innovation thinking starts from looking at others, his ideas comes from looking at different things around him where in, he is actually not learning these things from educational system. Of course education is very important or ideas to be put into practice and for reorganization and a quality life.But it is more important to know that even teachers in schools and colleges wants children to think out of the box, they want them to things differently than mentioned in the books. Everyone wants things to be put in differently and that is what makes a person special and different and is recognized as talented. Social life definitely is a healthy way of growing and we can learn from them although it is a different kind of learning. Whereas, academics can expand your enlightenment by making you see things in a different way. There are many reasons to say that Social life is more important.Every individual should have social life because that leads to personal growth of an individuals personality. If a person is highly educated and does not have a social life, he is actually called as a book worm and he might not know how to interact with people and how to actually jell up with people. That may actually affect him down the line irrespective of the good position he is placed in life. He cannot be a good manager if he does not know how to interact with people around him and how to get work done through them. Just educational knowledge would not teach an individual to manage people.But being social would teach how to interact and manage people and this in turn helps in growing the work in success terms. Also, a good social life, will lead to having a lifelong good connections with people which will actually pay off in unexpected and good ways. Even Bloom, who met his catering business partner at the University of California, reported the Chronicle of Higher Education in May 201 1 . A fraternity alumnus also helped Bloom land his first major job, as a construction manager, after graduation. Also, social life also leads to great release of stress. Connecting with other people is important for incoming students as they adjust to new living arrangements and relationships, according to the university of Illinois at Urbana-Campaigns counseling office. Also, not all learning experiences in ones life come from classroom experience or lecture hall. But it also comes from interacting with different people and sharing their common views. Social life improves in Social Circles, Exposure to Diversity, leads a person to have Self-confidence, builds up Relationships and networking and acts as a tress buster. According to Kaufman Domain, 08/18/2013, Education carries its own importance.He wrote in his article how education played a major role and what importance it carried out. He stated how he could achieve his goal to become a software engineer by working hard by studying. He stated that education is a knowledge gaining aspect. He ended his article saying that, education makes us capable of interpretation things among other things. He stated that, it is not just about lessons in text books but also about lessons in life. He feels that, education will lead an individual to have a quality fife and thus feels that he wish he could provide education for all the uneducated children. Education is important in its own ways.Education reflects of a good civilized human as civilization has progressed by innovation in education since periods. Also, education spreads awareness in society about how we can be a good social being and help others in our daily life. It helps in removing blanket of ignorance and help people in knowing them their fundamental rights. It also, help in imparting moral values which is missing in our youth and needs to be addressed carefully for creating a good society. Also, is important to earn money and to refine oneself, it need not be math or science or something u learn at schools it can be common etiquette or something from Internet.Academics are considered as the most important aspect in human life around the world. Even if people with great talent they do not have education, they are actually not respected in the society. Unless, a person having a strong will like few of the great people who had strong will to grow up in life irrespective of their uncompleted school life. We also see that, now a day, education system holds huge money and parents are in turn investing lot of money to educate their kids. This shows that, parents are keen about giving the best and quality life to their children.There are many of the reasons, why education has its own importance. Firstly, academics help a person to read, write and speak. This is very important to even build our social life. Without which, social life cannot be built. It helps to communicate properly. Helps in learning managerial skills which would help a person to grow his business of even work. It the main cause for raise in the employment opportunity. Mainly, it helps him to earn his bread at any place and anywhere. For the economic growth of the nation. To turn your dreams into reality. To overcome superstitions beliefs.Helps you understand the world that youre living in It is very important to know that, education and social life are the importance aspects of life and they actually lead a person to develop his personality. Each play its own importance and each are connected with each other for the best and quality life for an individual. Education helps a person to learn to read, write, learn and communicate. And this in turn helps to communicate with other people around the world and improves our social life. Education may or may not help a person to live life.But, social life is very important for an individual to live life. For example, beggar for the road, or a kid working in a shed, still make their living each day with no education. Only thing is, they do not have a quality life like all others. Whereas, an highly educated person with no proper social connections may fail to be successful in his business with improper good connection, which may actually lead him for a better success at work and growth of his business. Thus, I conclude that, both social life and academics carry their own importance.We need to learn to balance our both social and academic life accordingly. Every individual should know the importance of both social life and Educational life. So that, every child is given the opportunity to learn the book knowledge and also learn things from life experience through social life. One thing every individual should remember is, social life can be caught up any part of life and every individual without ones knowledge get into having social life. But, education is just one way path. Life gives us just one change to get educated in the right time and at the right age. Once we grow old, we tend to fall into different commitments of life and we fail to get educated further. That is the reason; every parent would make sure that they join their children in school at the age of 2 or 3. It would not be nice, for 10 year old kid to get back to class one and the fundamentals of education again. So, this has to be kept in mind that, life gives us just once chance to be educated at a certain time. And every individual should know its importance and act accordingly. References Kidnap, A. (201 3, July). Top 1 5 Reasons why Education is Extremely Important.