Addressing Inequality Essay Example | Topics and Well Written Essays - 750 words

Tending to Inequality - Essay Example Being questionable issues, disparity and imbalance are firmly associated as imbalance is the aftereffect of imbalance. Disparity demonstrates the dispersion of assets across society giving a thought of the distinction between what rich and destitute individuals can win, normal pay, and redistribution of the county’s pay. Nations portrayed by significant levels of disparity have elevated levels of destitution indicating the way that the appropriation and redistribution of the country’s assets are connected to the neediness issues (Inequality: what right?). One of the nations with elevated level of imbalance is the U.S. The hole among poor and rich is the amplest since 1929 and has multiplied in 21 years. During the year (2001 and 2002) the quantity of helpless rose by 1.7 million individuals. This lopsidedness is for the most part brought about by tax breaks which trouble the helpless to an ever increasing extent. There are grumblings that the U.S. laws are treacherous a s they endure persecution of destitute individuals and don't give them least needs. In Alabama, for instance, individuals who get low salary pay higher pace of personal assessment than the individuals who are affluent. For instance might be taken the wood business that has the possession for 71 percent of the land and pays just 2 percent of the assessment. The Catch 22 is that Americans are the most extravagant country however with the most noteworthy neediness rate (Lampman J.). Pay disparity which is likewise among social issues of the U.S. is emphatically associated with psychological instability, miscreant hope, corpulence, sedate use, wrongdoing and teenager pregnancy. Australia is additionally the nation which has archived the developing hole between poor people and rich. The exploration shows that the most helpless Australians have been hardest hit by increasing expenses for wellbeing, training, and open vehicle administrations. Retired people, jobless, low-salary individuals and matured have confronted the harshest rising changes in the living expenses. It has additionally been expressed that fundamental administrations are set past the range of the previously mentioned area of the populace. Training and medication have become the administrations which are in some cases practically out of reach to numerous individuals. The model might be instruction costs which took off 200 percent over the swelling rate and clinical administrations which are 180 percent over the expansion rate (Holland K., Zimmer E). Imbalance in Australia is available in different circles of life, for instance, the normal female compensation is just 65% of the normal pay of a male, and prejudice is firmly communicated against aboriginals. Disparity is additionally an attribute of the polarization of salary bunches into poor and rich. (Social Inequality in Australia) Hungary is among the nations with low financial development, decrease in wages, and high pace of expansion that has com e about because of extreme measures, presents by the administration, to make changes in wellbeing, instructions, and to curtail the shortage of the legislature. The previously mentioned measures incorporate co-installments in the circle of medicinal services, educational cost at instructive foundations. They were presented in 2006 and caused social strain. Neediness of Hungarians is an extraordinary instance of social imbalances. The quantity of poor is continually developing. Huge occupation misfortunes after 1990 made fast increment in imbalances and drove privatization and rebuilding of wages and costs, and decrease in the social exchanges esteem. Declining pay security has prompted the quantity of medical issues. Hungarians wed late, have hardly any kids and as a rule sometime down the road. Future is likewise unacceptable as residents live sorter than it would be normal considering financial improvement pointers. One more issue which results from imbalance is high demise rate p articularly among certain social gatherings of individuals. Hungary is the nation for which such social issues

Coca Cola Analysis

1 I. Presentation â€Å"Coca-Cola and Shasta. † These two items are in a similar industry and both were concocted around a similar time. Regardless, a totally different recognition comes to purchasers? mind when they hear these two words. In the 21st penny ury, Coca-Cola is viewed as one of the most important brands on the planet, while Shasta is for the most part known in United States, especially in the West Coast locale. Coca-Cola is possessed and operat ed by The Coca-Cola Company, and Shasta is right now claimed by National Beverage Corp. This report will inspect, look at, and investigate the two organizations as far as activity, advancement, the board, and finance.In expansion, SWOT examination and Porter? s Five Forces will be directed to assess the organizations? positions in the business. The report will likewise distinguish a few issues that the two organizations as of now confront and propose options and suggestions all together help Shasta, an auxiliary of National Beverage Corp. , to acquire piece of the overall industry. Table 3 shows that National Beverage Corp. makes up just around 2. 8% of the soda pop industry in 2010. Organization Background Dr. John Pemberton, a drug specialist from Atlanta, created Coca - Cola in 1886. The world? s biggest non-mixed drink organization trademarked its name and logo in 1893.After thirty years of foundation, the organization opened up to the world in 1919. The offer cost of its first sale of stock (IPO) was $40 an offer (Datamonitor, 2010). Coca-Cola extended quick ly; it is at present accessible in excess of 200 nations and reaches about 99% of the total populace (National Geographic Channel, 2011). Utilization pace of trademarked or authorized items adds up to 1. 7 billion servings per day. As of December 31, 2010, the organization has 139,600 workers around the world (The Coca-Cola Company, 2011). Also, Shasta was established in 1889, three years after Coca-Cola. In Northern California, Mt.Shasta, â €Å"a gathering of agents opened a wellbeing and excursion resort at the s ite and included normally carbonated spring water. † The carbonated water got positive inputs from customers who remained at the wellbeing and excursion resort . Not long after, t hese specialists set up Shasta Mineral Springs Company and began selling the item all through the West Coast area, including California, Oregon, and Washington. In 1928, the organization was renamed The Shasta Water Company, and started to enhance its carbonated water line to a portion with more flavors. In 1985, Shasta was acq uired by National Beverage Corp.Despite of the securing and item expansion, Shasta is serving a similar West Coast showcase that it was serving decades prior (Shasta Beverage, Inc, 2010). Target Market Coca-Cola sees everybody as potential consu mers. Coca-Cola focuses on all age gatherings; in any case, the one with most potential is the age bunch between 18 to 25 years of age , which will in general have occupied ways of life. Moreover, the organization endeavors to bid understudies and family-situated shoppers. The financial status of these socioeconomics ranges from lower to upper-lower pay level (Grimm, 2000). These are a couple of qualities of Coca - Cola? target showcase. Soda pop Industry 2 Shasta? s fundamental center is assortment. Despite the fact that the organization sells an assortment of cola, the deals of different flavors are better. Insights show that ethnic gatherings incline toward enhanced beverages over cola. In view of this exploration, Shasta has fixated its objective market on et hnic gatherings. Shasta? s segment targets: low to center salary purchasers, less instructed people, and huge families. Psycho - graphically, the organization targets people who search for worth and quality in an item, similar to Shasta cola, as an option in contrast to Coca-Cola or Pepsi (C.Anicich, E-mail Interview, April 20, 2011). Table 3: Industry Trends and Comparison Analy sis (source: Beverage Digest) Source: Beverage-Digest (Top-10 CSD Results for 2010). II. Operational Analysis ? The Coca-Cola Company Raw Materials Water is the principle fixing utilized in Coca-Cola? s items. The soda pop is produced using weakening water with concentrates and sugars. The gathers utilized in Coca - Cola? s drink stays a mystery; in this manner, the organization doesn't permit shooting during assembling forms. As indicated by National Geographic (2011), the drink is made with 90 percent water.Because water? s taste changes at each area, Coca-Cola needs to kill the water to guarantee that its items taste reliably around the world. The other primary fixing is high fructose corn syrup (HFCS) and since imported sugar is increasingly costly, Coca-Cola utilizes HFCS as its central sugar. Assembling Coca-Cola is the biggest player in the non-mixed drink industry. It works in more than 206 nations and has 900 packaging plants and processing plants worldwide with areas, for example, Eurasia, Africa, Europe, Latin America, just as North America (National Geographic, 2011).Due to this, these makers must hold fast to exacting norms so as to deliver sta ndardized CocaCola? s items. In addition, Coca-Cola deals with its assembling forms effectively. For Soft beverage Industry 3 model, the new plant in Baton Rouge works 24 hours per day, five days every week, and can deliver up to 4. 5 million refreshments in a single day. Furthermore, in late endeavors to be ecological amicable, the organization declares that it will change its electrical types of gear and decrease water use. The choice is anticipated to spare the organization roughly one million dollars every year. DistributionsCoca-Cola has the world? s biggest circulation framework; subsequently, it is a ble to arrive at pretty much every area (Coca-Cola Co. , 2011). The organization disseminates its drinks to customers through different retailers, wholesalers, candy machines, and circulation focuses. Mo reover, it offers its syrup and concentrates to bistros and eateries utilized in wellspring drink allocators. ? National Beverage Corp. (Shasta) Raw Materials National Beverage Corp. works together with numerous providers for crude materials and bundles. Also, the organization combines its buying capacity for cost control purposes (National Beverage Corp. 0K, 2010). This bit of leeway permits the organization to go up against significant refreshment organizations. A portion of the materials used to create the refreshments are sugars, juice condensed, carbon dioxide, water, glass, p lastic bottles, aluminum jars, paper, containers, and terminations (NBC 10K, 2010). The expenses of the materials are extremely unpredictable; reasons being are a result of gas costs, taxes, outside trade vacillations, and so on. Thusly, the organization buys forward concurrences with providers to limit the cost increments on specific materials. Assembling National Beverage Corp. ets up assembling plants deliberately. Its twelve assembling offices are situated close to significant U. S. metropolitan urban communities; in this manner, enab ling the organization to disseminate items immediately and productively (NBC 10K, 2010). In assembling plants, the organization jugs and jars its drinks. National Beverage Corp. accepts that responsibility for offices gives an upper hand o ver a few contenders? reliance on outsider bottlers (NBC 10K, 2010). Accordingly, the organization is capable form its own upper hand and become s progressively experienced and proficient. Appropriations National Beverage Corp. tilizes a cross breed dissemination framework to convey items through three essential appropriation channels: bring home, comfort and food-administration (NBC 10K, 2010). Bring home channel disseminates to supermarkets, wholesalers, and outlet center, for example, Costco. Also, the accommodation channel, which circulates to service station and advantageous stores, for example, 7-Eleven sto res. This channel permits the organization to charge higher selling cost than different channels due to bring down deals volumes. The last channel is food-administration. This channel conveys its items to schools, lodgings, aircrafts, cafés, and other food related places.Soft drink Industry 4 III. Limited time Analysis ? The Coca-Cola Company Word-of-Mouth Consumers are discussing brands and organizations consistently, and it so happens that countless discussions are about Coca-Cola. As indicated by Keller Fay Group, an exploration advertising firm, an investigation of 25,142 buyers shows that Coca-Cola is as of now the most discussed brand in America (Wang, 2008). This discovering exhibits and measures the example of buyers? discussions every day. Furthermore, the CEO of Keller Fay Group, Ed Keller, states, â€Å"†¦these brands fall under the domain of „social classes? furthermore, have more noteworthy recurrence of procurement. Thus, purchasers are presented to bundle d products? logos and mottos habitually. The more items buyers buy day by day, the more probable that they are to begin discussions about the items inside their groups of friends. The table underneath shows the ten most discussed brands and Coca-Cola is set first. Top 10 Word-of-Mouth Most Talked About Brands: 1. Coca-Cola 6. Portage 2. AT&T 7. Dell Computers 3. Verizon 8. Sony 4. Pepsi 9. Chevrolet 5. Wal-Mart 10. McDonald's Public Relations Coca-Cola has solid advertising since it is consistently on the front line of adding to the network and society.For case, Coca-Cola as of late declares to the press that it has quite recently settled the Coca-Cola Japan Reconstruction Fund, which vows to raise 2. 5 billion yens ($31 million U. S dollars), to help the reproduction of Japan throughout the following three years (â€Å"Coca-Cola raises†, 2011). Because of this liberal demonstration, Coca-Cola will get incredible open media presses. Web-based social networking Since the r ise of online networking on the Internet, Coca-Cola has expanded its quality in the worldwide network. For instance, Coca-Cola? s Facebook page has more than 5. 18 million fans and as yet developing, which makes Coca-Cola? page one of the top fan pages on Facebook (Staff, 2010). This delineates the im

Great engineering acheivement ( airplanes ) Essay

Extraordinary building acheivement ( planes ) - Essay Example This paper targets inspecting the course of events of the advancement of the plane, the commitment of different specialists to this accomplishment and how planes have improved lives. Furthermore, this paper will look at a portion of the conceivable future improvements on planes. The historical backdrop of the advancement of the plane goes back to the late nineteenth century when a German architect named Otto Lilienthal began to explore different avenues regarding lightweight planes (National Academy of Engineering, 2014). During a similar period, Octave Chanute, an American designer likewise tried different things with numerous lightweight planes. Through these early tests, Lilienthal and Chanute exhibited that it was conceivable to have a controlled gadget in gliding in air. In 1901, a gas fueled form of the pair winged aerodrome was worked by Samuel Langley. In 1903, the Wilbur Wright and Orville Wright made the primary controlled and directed trip in North Carolina. On this day, Wilbur flew for 852 over the ground in around 59 seconds. Ludwig Prandtl, a German teacher, introduced a paper in 1904 that portrayed the idea of the ‘boundary layer’ (National Academy of Engineering, 2014). This is the sub-atomic layer of air that is found on an aircraft’s wing. This paper was a significant commitment in the investigation of streamlined features. Eugene Ely guided a Curtiss biplane on a departure from a boat in 1910. The next year, he had the option to take off from shore and arrived on a boat in California. These early planes required the help of the pilot to make them stable and travel in an orderly fashion. The idea of the gyrostabilizer was presented in 1914 by Lawrence Sperry. The gyrostabilizer was utilized to settle the plane and make it fly in an orderly fashion without the help of a pilot. In 1916, Sperry, with the assistance of his dad Elmer, showed the primary programmed pilot. Beginning 1914 to 1918, numerous enhancements in the structure and control of the plane were

The Best Girls - Literature Essay Samples

After Jim moves to town with his grandparents, he begins school with other children of his age, yet is never interested in their antics or infatuations. His relationship with the Harling children next door, demonstrates the conventional mode of childhood affection and friendship, but as Jim grows older, his only admiration rests upon the immigrant girls and their wild ways. In Willa Cathers My ÃÆ'?ntonia, descriptions and details are heaped upon the girls from afar rather than the young girls who were expected to fit into Jims social set. Cather demonstrates Jims fascination with women such as Tiny Soderball, Lena Lingard and ÃÆ'?ntonia Shimerda, through rampant description whereas Jims interest in other women of his age and class, is stymied. Though Jim never consummates a relationship with anyone in the novel, the closest he gets to an overt love interest is with the stunning and self-made Lena Lingard. Jim notices the attraction of the girls from the farmlands as he compares th em with their younger sisters or the women from town. He finds some attraction in the fact that these girls had to struggle to survive and had to undergo the transition from one country to another. I can remember something unusual and engaging about each of them. Physically they were almost a race apart, and out-of-door work had given them a vigor which, when they got over their first shyness on coming to town, developed into a positive carriage and freedom of movement, and made them conspicuous among Black Hawk women (153). This vigor, according to Jim, presented a gorgeous alternative to the town-bred girls who were taught to stay inside and cater to their gentle femininity. The strong, unrefined women of the immigrant families presented a challenge to Jim and the other men of Black Hawk; they were lovely figures to contend and they continued to work unceasingly to aid their families on the farm. The hired girls, though somewhat looked down upon by townspeople, nonetheless caused love interests to abound even though Black Hawk boys looked forward to marrying Black Hawk girls, and living in a brand-new little house with best chairs that must not be sat upon, and hand-painted china that must not be used (155). And though this scene was the norm and the goal of Black Hawk boys, they couldnt help but notice the menace to the social order(155)à ¢Ã‚€Â ¹the country girls. Cather writes that their beauty shone out too boldly against a conventional background (155). These girls, when observed at work over the ironing boards, stoves and counters, were constant symbols of strength and infatuation.Though the Harling women, such as Frances, were granted description by Cather, she is much more involved in the influence of the country girls. Jim sees the Danish laundry girls at the firemens dances, but the girls never looked so pretty at the dances as they did standing by the ironing-board, or over the tubs, washing the fine pieces, their white arms and throats bare, t heir cheeks bright as the brightest wild roses, their gold hair, moist with the steam or the heat and curling in little damp spirals about their ears (170). Infatuated with their ability to work and play with such strength and good cheer, Jim never associates himself with the town-bred girls, but rather fascinates himself with observations of the three Marys, Tiny, Lena and, of course, ÃÆ'?ntonia. Cather continuously describes the deep color of ÃÆ'?ntonias cheeksà ¢Ã‚€Â ¹color that would never grace the complexion of a town girl. And due to her strength and purpose, ÃÆ'?ntonia, like the other immigrants, is always granted a special place in Jims memory. The simplicity and steadfastness of the hired girls are what jogs Jims memory of the Nebraska prairie. Even the men that are close to his heart, such as Jake and Otto, are those of the working classà ¢Ã‚€Â ¹men, who through their labor and good cheer, influenced Jims young life. Even as Jim went forth into the world of aca demia, he falls in love with Lena Lingard and her self-made womanhood as she works away at her business in Lincoln. Lenas first visit to his comforting armchair, brings a rush of memories. When I closed my eyes I could hear them all laughingà ¢Ã‚€Â ¹the Danish laundry girls and the three Bohemian Marys. Lena had brought them all back to me. It came over me, as it had never done before, the relation between girls like those and the poetry of Virgil. If there were no girls like them in the world, there would be no poetry (203). Jims feelings for the goodness of these immigrant women are so strong that he associates them with one of the greatest poets in the world. Promptly, he becomes infatuated with Lena in a manner that had never effected him while associating with town girls in Black Hawk. Though Jim moves on to bigger and better thingsà ¢Ã‚€Â ¹Harvard and Harvard Law School no lessà ¢Ã‚€Â ¹his memories always remain intertwined with the power and influence of girls lik e Lena, Tiny and ÃÆ'?ntonia. When he returns to visit the latter on her own farm, he still revels in her strength and persistence in the same manner that used to fascinate him as a young man. Similarly, he remains impressed with the ambitions of Tiny and Lena as they move further west to San Francisco to demonstrate their nerve in an entirely new microcosm. Throughout the novel, descriptions of women are never so apt as when they are associated with the great strength of the working-class girls from Norway, Denmark, Czechoslovakia and the like.

Introduction To EasyJet Plc - Free Essay Example

Sample details Pages: 6 Words: 1677 Downloads: 1 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? EasyJet is a low-fare airline which was established in 1995 by a Greek businessman Stelios Haji-Ioannou. The company has a big growth from its original bases in Lutton, from where easyjet operated only two routes to Edinburgh, and Glasgow. Nowadays it is giving its services by 171 airplanes on more over 100 destinations through all over the world including Europe, North Africa and even the Middle East. Its official company name is easyJet Airline Company Limited. Only in the last year easyJet has carried about 44.6 millions of passengers, which was a 2nd result just behind the Ryanair. It seems for the company, that its revenue growth considerably increased over a past few years. It employs 4,859 thousands of people, from which many of them are taking care of a companys 165 airplanes. Don’t waste time! Our writers will create an original "Introduction To EasyJet Plc" essay for you Create order Easyjets major markets which are really strong are held in London, Milan, Malpensa, Geneva and Paris from where they have leaded the company to successful conquer in European transporting industry. In June of 2007 the company has introduced plans for building their own airliner Ecojet. Unfortunately, from that period of time company didnt release any new information yet. As easyjets products are only services, there are only three of them. The first one is of course booking which a customer can do by a phone or internet where the 2nd option is much cheaper to reduce call centre costs. The second service is cabin and onboard services, which have environmental background (some flights provide a film), and either hospitality where the customer has an option to buy a meal for himself. On December 14th 2004, Easyjet and Holitopia together opened EasyJetHotels which are online booking accommodation through the whole world. 2. Key Financial Results Current Year (2008) Previous Year (2007) % Movement Revenue pound; million 2,362.8 1,797.2 +31,5 Operating profit / loss pound; million 91 172 -47 Capital employed pound; million 2,186.0 1,895.1 +15,3 Total assets pound; million 3,095.8 2,516.4 +23 Net cash generated / used in operating activities pound; million 296,2 270,8 +10,9 Number of employees pound; thousands 6,375 5,493 +16 Earnings per share pound; pence 19,8 36,6 -45,9 Final proposed dividend per share 0 0 0 Year end share price 3,15 6,10 -48 Year end market capitalization pound; million 332,955 639,280 -47,9 Current Year (2008) Previous Year (2007) % Movement Gross profit margin (%) 5 11 -54 Operating expenses (%) 89 83 +7,22 Current ratio pound; million 700,2 740,7 -5,5 Gearing ratio (%) 28,7 20,4 +40,7 Debt ratio (%) 59 54 +8,72 3. Financial Ratios 4. Price / Earnings Share ratio (Current and Sector Average) P/E Ratio: Share Price Æ’ÂÂ   pound; 3,99 = 21 times EPS pound; 0,19 Share Price: P/E Ratio x Earnings Per Share Current Share Price: 21 x 19 p = 399 pence Share Price if sector average were applied: 11.45 x 19 p = 217,55 pence As we can see from the above, the current P/E Ratio is 21 times, while the sectors average is 11,45 what makes the sectors average much smaller ratio. We can see that if we would inject the sectors average P/E Ratio share price of the EasyJet company would have cost less. 5. Easyjets share price over the last year From the EasyJets share price graph which shows any core movements, we can actually outline three of them. The first noticeable movement was a fall down by 4,1 % of EasyJets share prices on May 14th 2009, and its big gain on the next day by 3,4 %. On that day all of the big European air carriers like Ryanair, British Airways, Air France-KLM and either Lufthansa has suffered big losses. EasyJets share price has fallen down to 270,25 pence per share from 283,75 pence. The main reason which caused this movement were the oil prices that remained stubbornly high. Source: https://www.centreforaviation.com/news/share-market/2009/05/14/ryanair-easyjet-british-airways-air-france-klm-and-lufthansa-fall-heavilyshare-wrap/page1 The second movement is the one which has caused a fall down from 335 pence for share on 29th of January 2009 to 312,75 and over the whole period to 5th of February to 294 pence. The main reason of this fall was caused by Andy Harrison EasyJets Chief of Executive Officer who had offloaded half his stake in the carrier, raising approximately GBP1.3 million. The company itself said that the sale was made of because of their CEOs divorce. Source: https://www.centreforaviation.com/news/share-market/2009/02/02/british-airways-catches-a-case-of-stelioses-easyjet-share-fallout-continues/page1 The third and the biggest movement which was a raise in EasyJets share price was on 21st of November 2008 from its fall, a week earlier when founder of the company Sir Stelios Haji-loannou upgraded his public attack on the carriers expansion planning. The raise was by 10,7 %, mainly because of the investors who were optimistic that the company should do well now. Source: https://www.centreforaviation.com/news/share-market/2008/11/24/easyjet-surges-and-vueling-suffers-europe-airline-share-prices/page1 6. The companys analysis performance This report will describe EasyJets overall performance over the last trading period during the year ending 30th of September 2008. The aim of this report is also to show a prospects of the company, and advise whenever is good or bad choice to invest in it. We will have to calculate the financial ratios which measure the financial structure of the company and show how it relates to the trading activities(Holmes;2005:page no. 216). EasyJet at a glance Revenue up to 2,363 million (+31%) Cash flow from operations to 292 million (+12%) Gearing up to 28,7 % (+8.3 pp) Seats flown to 51.9 million (+17%) Europes No. 1 in air network (www.easyjet.com) Over 100 airports served Financial Ratio analysis Stock Market Indicators: Stock market indicators are very significant to make a decision to either buy or sell a shares of the specific company. In the UK the market place for all companies is London Stock Exchange. EasyJet company is based in FTSE 250 index which is a complex of the companies ranked from 101 to 350. Above ranking is based on a companys market capitalization calculated by multiplying amount of the ordinary shares by the share price: Market capitalization: 105,7 x 3,15 = 332,955 million pounds EPS Ratio Basic earnings per share ratio is the one of investment ratios. Although EPS has decreased by 45,9 % we need to understand that this is mainly because of the shares price change. The Price/Earnings ratio of the EasyJet indicates is a pretty good investment choice. Price/Earnings Ratio: Market Price per share Æ’ÂÂ   302,302 = 15,22 times EPS 19,8 The ratio of 15.22 means that if we buy the shares for pound;100, then 15.22 years of current earnings of 6.57 pence per share are being bought. This also confirms that stock exchange have a trust in the company. The other two investment ratios which are dividend yield, and dividend payout are both equal to zero since the company has never declared to pay, or never paid out cash dividends for their ordinary shares. They also admit in their annual report that they do not plan to do so. Profitability Profitability ratios will help to highlight EasyJets ability to generate earnings compared with its expenses. The first ratio that is essential is Gross profit margin which has decreased in 2008 to 5 % from 11 % in 2007. As we can see EasyJet has increased its revenue, but the gross profit margin decreased. That situation can only means that the company has aroused the fares, which can be the reason of the companys many competitors. Operating expenses have increased from 83 % to 89 %. This indicator shows that the investors have less opportunity to have a bigger profit this year compared to the previous one. ROCE: Profit before interest and tax Æ’ÂÂ   123 = 5,6 % Capital employed 2,186 The ROCE ratio (return on capital employed) has decreased by 44 % from 10 % to 5,6 %. It is not a really significant ratio, but a noticeable decrease in it confirms that the company uses more assets to generate more sales. Short-Term Solvency The main two indicators for short-term solvency are two ratios which are acid test ratio and current ratio. Acid test ratio is really helpful to provide information if the company has a proper amount of short-time assets to cover short-time liabilities without selling any goods, or inventory. Acid test ratio: Cash + accounts receivable + Short time investments Æ’ÂÂ   1,569,3 = 1,72 times Current liabilities 909,8 Above equations confirm that EasyJet is a safe company, that could manage their business in extreme situations. Current ratio is used to give an idea if the company could pay its short-time liabilities with its short-time assets. It can also show the results of companys operating cycle or faculty to turn its product into cash. Current ratio: Current assets Æ’ÂÂ   1,415 = 1,55 times Current liabilities 909,8 Current ratio is similar to the acid test ratio but it doesnt include any inventory in it. For EasyJet the result of 1,55 times are good news, for every pound in current liabilities there is pound;1,55 in current assets. Long-Term Solvency Long-Term solvency ratios helps to measure a companys capacity to get a long-term obligations. These ratios are gearing ratio, interest cover and debt ratio. Gearing has increased to 28,7 % from 20,4 % which means the company is considered to be more risky according to previous year. By Debt ratio we can see our businesss long-term solvency. It shows how much your leverage your company posses. Debt ratio: Total liabilities Æ’ÂÂ   1817,6 = 0,58 Total Assets 3095,8 The Debt ratio of 0,58 confirms that a company has more assets than liabilities. EasyJets gearing ratio is average. There is a debt capacity that remains unused. If the Debt ratio is less than one, it means that company could have some more borrowings. In EasyJets case, that could be either some new aircrafts or opening new lines. Conclusion EasyJet is a company, with a great financial strength like low gearing and big cash holdings that equals pound;863 million. Their total revenue went up by 31,5 % which means that the company has a constant growth. The passenger numbers has increased by 17.3 % to 43.7 million. That means that more people choose these airlines. The gearing ratio which is low, confirms that the company still wants to expand, which leads to opening new routes and growing their fleet. Long-term solvency ratios showed that EasyJet has more assets than liabilities. This leads the managers to utilize the total debt capacity. On the other hand short-term solvency ratios, shows that the company has enough of current assets to fully cover their obligations to creditors. Although Gross profit margin and ROCE of profitability ratios have decreased, they show that the company tried to generate more sales from its assets. I think that EasyJet has a lot of indicators that show a positive prospects of the company. After reviewing the companys annual report I would definitely try to invest some money in above company and buy some shares.

Analysis Of Raymond Carver s Cathedral - 1006 Words

Gabrielle Sobolewski English 200 Professor Ruth Jennison 11/12/15 The short story â€Å"Cathedral† by Raymond Carver is told from the perspective of a first-person narrator. Throughout the story, the narrator is self-absorbed in his own thoughts and emotions and fails in his willingness to overlook personal insecurities in order to accommodate others’ discomfort, i.e. predominantly his wife and the blind man. In general, the story lacks figurative language and is told in short, direct sentences. This basic structure leaves a lot for the reader to interpret on his or her own. I focused on two paragraphs within Raymond Carver’s short story. The first section is the fifth paragraph in the story beginning with â€Å"But instead of dying...† and concluding with â€Å"all I wanted to.† To make it less complicated throughout my paper, I will refer to this segment as ‘Section 1.’ The second section I used is the seventh paragraph in the short story, which begins with â€Å"Beulah had gone to work...† a nd ends with â€Å"Pathetic.† I will refer to this segment as ‘Section 2.’ Both of these paragraphs hold significance both in themselves alone as well as when applied together. In Section 1, the protagonist provides a subjective, narrow report of his wife’s past. Throughout his storytelling, the husband seems to lack a certain interest and empathy towards his wife’s past events. For example, when recounting his wife’s suicide attempt, the only thing he mentions is that â€Å"instead ofShow MoreRelatedAnalysis Of Raymond Carver s Cathedral1696 Words   |  7 Pagesfrom, or trying to bury alive. Cathedral, written by Raymond Carver, takes place in the early 1980’s. Originally published in The Atlantic Monthly in 1981. Carver slightly revised the story and re-released it in 1983. At a time when the blue collar working class lived paycheck to paycheck, working hard for newfound luxuries such as color television, this short story is humo rous and eye-opening for the reader. For adults ranging from thirty to forty years old, the 1980’s were possibly a ghostly, hauntingRead MoreCharacter Analysis Of Raymond Carver s Cathedral 1426 Words   |  6 PagesCharacter Analysis in Raymond Carver’s â€Å"Cathedral†: The Narrator Literature has the potential to act as a mirror by presenting people’s lived experiences, expectations, and perceptions through characters. Such is what can be deciphered through the analysis of different characters in Raymond Carver’s story â€Å"Cathedral.† This paper focuses on the narrator of the story portrayed by the author as blind, which is used metaphorically not to imply physical blindness, but the inability to have reasonedRead MoreAnalysis Of Raymond Carver s Cathedral 970 Words   |  4 PagesIn Raymond Carver’s short story, â€Å"Cathedral†, we meet the character who is never named, and who is known as the narrator to us. Although the narrator’s character changed towards the end, and we don’t really learn much after the change of his personality, it is still a gradual change that took place. The narrator’s attitude is very important in the story because it revolves around him and the way he views things. This short story is about a man who is married to a woman, and this woman has been friendsRead MoreAnalysis Of Raymond Carver s The Cathedral 863 Words   |  4 Pages One of the Raymond Carver story where we can find a lot of religion symbols; it is â€Å"Cathedral.† The story develops an ironic situation in which a blind man teaches a sighted man to truly â€Å"see† for the first time. Near the end of the story, Carver has these two characters work together on a drawing of a cathedral, which serves as the symbolic heart of the story. The cathedral represents true sight, the ability to see beyond the surface to the true meaning that lies within. The narrator’s drawingRead MoreAnalysis Of Raymond Carver s Cathedral 1097 Words   |  5 PagesSeptember 2015 Cathedral by Raymond Carver In this short story by Raymond Carver begins with a man whose wife invited a good friend over named Robert and is blind. Before Roberts Arrival, the wife’s husband, whose name is Bub, does not know what to make out of his wife’s good friend Robert coming over to their house. Carver utilizes a story of a blind man who changes Bub’s outlook in life. Through the narrators changing character, theme of loneliness and jealousy, and the cathedral being a symbolRead MoreAnalysis Of Raymond Carver s Cathedral 943 Words   |  4 PagesIn Raymond Carver’s â€Å"Cathedral†, the short story is told by a character within the story. The first-person point of view gives us a transparent visual of an important time in the narrators’ life. The narrator, who is â€Å"un-named† in the beginning of the story, uses blunt, flawless and a particular choice of words. This gives us as the reader a deeper connection with the narrator. The narrator begins this story by taking us through the changes he go through with the uneasy feeling of having a blind-manRead MoreAnalysis Of Raymond Carver s Cathedral2364 Words   |  10 Pagesmost. The same could be said about people who are limited by one or more of their six senses and are judged by the majority of the population who are not limited and make preconceived notions about these limitations which can bind them. Raymond Carver’s â€Å"Cathedral† explores many literary devices that reveal the pre conceived perception towards people with physical limitations without understanding the individual first, which is still a problem today. The protagonist, the narrator is closed mindedRead MoreAn Analysis Of Raymond Carver s Cathedral1794 Words   |  8 Pages A Cynics Enlightenment Raymond Carver’s short-story Cathedral is outwardly about a pessimistic man, whose wife’s blind visitor named Robert changes the narrators predisposing perception of the world and awakes a new view on life in the process. But inwardly, the story is about the desperate need for connection between these three characters, which isn’t feasible do to the emotional-detachment by the narrator. In the beginning, the narrator is hindered by his prejudices which doesn t allow himRead MoreAnalysis Of Raymond Carver s Cathedral1524 Words   |  7 PagesAs if someone has unlocked his prison cell to liberate him of his stereotypical point of view. The protagonist of Raymond Carver’s â€Å"Cathedral† was an individual whose stagnant mind has blind him from truly seeing the aspects and characteristics of people around him. Before meeting his wife’s blind friend whose name is Robert, the protagonist perceives reality with a stereotypical mind-set shaped by m isleading information from movies. Hence, he make judgement about other people without ever settingRead MoreAnalysis Of Raymond Carver s Cathedral 1340 Words   |  6 PagesRaymond Carver’s characters were considered to be very much like him: â€Å"’on the edge: of poverty, alcoholic self-destruction, loneliness† (Mays 32). His short story â€Å"Cathedral† is about a young couple, who have a visitor coming to stay with them. This visitor, Robert, is the wife’s friend, and he is blind. The narrator, the husband, has never met someone who is blind, was bothered by that. To him, being blind meant constantly needing help from others. His depiction of blindness was what he has seen

In his classic The Sociological Imagination (1959) Essay Example For Students

In his classic The Sociological Imagination (1959) Essay , the late C. Wright Mills suggests that sociologists have a special insight into the social world, because they have the ability to understand the subtle linkage between personal experience and the structure if the society as a whole. C. Wright Mills feels that people have problems seeing beyond their immediate situation. In his simplest terms, the sociological imagination shows how individuals fit into the big picture. Mills offers examples dealing with unemployment and divorce. He then goes on to say, when only one man is unemployed, that is his personal trouble. His skills can be explained by lack of skills, opportunities, or willingness to work. However when millions of American workers our jobless this is a social problem. Either the economy is not producing enough job opportunities. Mills explain unemployment as: if one person cant or is having trouble finding a job is there lack of effort, but if a lot of people is having a trouble finding a job then it the lack of the society for not producing enough jobs. Then, Mills considers the general rise in divorce rates in American. A couple may be unhappily married, but when one out of two American marriages end in divorce, it is taken beyond a particular couples personal troubles. The sociological imagination suggests the causes of divorce must be understood in terms of social developments that have made married life less satisfactory. In this short essay C. Wright Mills talks about his classic The Sociological Imagination (1959) He then goes on and explain the concept in his view of unemployment and divorce in the USA. How individuals fit in the big picture. Then, Mills goes on to say, We will not be able to understand ourselves or the world without understanding the groups to which we belong and the society in which we live. .