Friday, January 24, 2020

Strong Women of Shakespeares Othello :: GCSE English Literature Coursework

Strong Women of Othello  Ã‚   William Shakespeare often described the women in his plays as being strong, confident individuals, much different from the stereotypical roles of the time period in which he lived. In Much Ado about Nothing, the main character____(look up) ---{describe role}. Similarly, in Macbeth, {discuss role of Lady Macbeth} The women of Othello also displayed characteristics of strong, modern women. .... From the beginning of the play, we see that Desdemona is a courageous and decisive woman who pursues Othello, falling in love with his intrigued stories of adventure, seeing "Othello's visage in his mind, and to his honors and valiant parts..." refusing the attempts of other suitors such as Roderigo. We become aware of Desdemona's determination when she marries Othello, despite accusations from Iago that she is under a spell and is deceiving her father. When her fiancà © is accused of bewitching her, she immediately defends her love for him. "And so much Duty as my mother showed to you, preferring you before her father, so much that I may profess due to the Moor my lord". Like many of Shakespeare's other female characters, Desdemona does not embody the stereotypical role of sixteenth century women. When Shakespeare wrote Othello, women had few rights and little power in society. They had virtually no say in arranging their own marriages, and were expected to marry a suitor chosen by their father. Desdemona, however, despite proposals from various suitors and public discouragement, continues her pursuit of Othello, and marries him. Although she is "†¦bound [to her father] for life and education†¦" , she affirms her belief that she belongs with Othello, and has such great love for him, so much that "a heave interim shall support his absence" . Soon after their elopement, envious Iago convinces Othello that Desdemona has been unfaithful to him. Othello becomes enraged cursing Desdemona as a whore. When Othello questions her, we again see her strong sense of devotion, pleading for his trust rather than vehemently defending herself. "I hope my noble lord esteems me honest†¦ Alas, what ignorant sin have I committed?" However, her faith in Othello is so strong that it undermines her "modern", prideful characteristics. Consequently, Desdemona is really not as strong and educated as originally perceived, for she continues to attempt to maintain Othello's trust, despite his incredibly harsh accusations. Although her arguments remain strong, the weakness in her character emerges, for she cannot see the monster that her husband is becoming, and failing to realize that he trusts Iago, a man who is extremely competitive with him, over his very wife's word.

Thursday, January 16, 2020

Common stock Essay

A1a. During the 12% bonds review the earnings per share common stock out totaled .103. The total was not enough to maximize the shareholders return. It was observed that the interest on the bonds would put them at $72,000. The interest on bonds was very high and could have contributed to the lower total figure. The common stock shares outstanding were at $975,000; which was a very low number. Compared to all the totals the 12% option had the lowest shares issued. During the 20% bonds review they totaled the earnings per common stock share at .197. This stock option was the second highest to the chosen 50% stock option. It looks like the 20% bond option was lower due to using $120,000 in bonds and $480,000 in common stock. The 40% bond option had earnings per common stock share of .181. The ending total wasn’t too bad but it wasn’t enough to maximize the shareholders return. The company acquiring $240,00 in bonds and $360,00 in common stock played a role why the figures went good enough to increase shareholders return. The 60% bond option had earnings per common stock share at .160. The $43,200 interest on bonds could have affected the earnings total. The income before tax and the tax income was a contributing factor to lower figures and results in the net income category. A2. Competition Bikes needs to analyze their capital budgeting. Businesses should acquire investments that are going to bring in more revenue but they have to make sure for the long term the investment is worth taking on. The cash inflows and outflows have to be looked at to determine what is best for the company. The company needs to see potential during the capital budget stage. In the story line management  decided that the most reliable data for a capital budgeting analysis is to estimate the number of product sales using the U.S. pricing and cost data. It is anticipated †¨that costs will be consistent in the new Canadian location. Net present value is capital budgeting used to examine the success with of a investment or project by using the present value of cash flowing in and the present value of the cash flowing out. It is used to determine profitability. It is a tool for management to see if the investment will bring value to their company. Projects and investments should only be taken on if the total number is positive or at 0. The company had a low net present value of -26,740 and the moderate net present value of 2,243. The sales forecasting indicates a range of outcomes as indicated by a low forecast and a moderate forecast of results. The recommendation would be for Competition Bikes to not take on the Canadian investment. Based of the low and moderate numbers if they are split in half they would still be in the negative. It is suggested if the net present value is not a positive number a company should not take on the investment or project. Internal rate of return is the rate of growth projected for t he investment or project. The story line advises Competition Bikes, Inc. requires a 10% return on capital (hurdle rate) to pursue a capital investment. The internal rate of return for the low demand was 8.7% and the moderate demand cash flow was 10.1%. The higher rate of IRR the more likely the company will generate a greater return. The recommendation for internal rate of return is for the company to take on the Canadian investment. A3. Working capital consists of current assets minus the current liabilities, it is the money left over to pay for the day-to day activities to run a company. It is an indicator of how many short assets they have to be able to pay off their short-term debt. If the working capital ratio is less than 1 the company has a negative working capital. A company should always want to be in above 1 for positive results. The current assets can be monitored daily or weekly to keep a close eye on the incoming cash flow to the account. Obtaining Working Capital Competition Bikes needs to obtain working capital quickly. The storyline suggests the cost to build the manufacturing facility is expected to be $400,000. (All figures are in US$) Working capital of $200,000 will also be necessary to support the operation. These two items have been considered as  the total investment in the capital structure analysis. They need to come up with $200,000 for the expansion operation. Competition Bikes can get a line of credit from a bank to obtain working capital quickly. They will need to negotiate the terms and amount of time they will be doing with the bank for the loan. Once they receive the payments in their accounts receivables they then need to turn around and the pay the loan down. They can consider getting a business cash advance to obtain working capital. Business advance loans have a quicker turn around time to receive the funds than a traditional bank loan. Most of the time the payment options are flexible depending on the companies specific needs. Competitions Bikes can go with a business advance loan normally receive a lower rate with fixed payments. Managing Working Capital They need to re-evaluate their account receivables procedures. They are taking almost 44 days to receive payment, they need to decrease their days to right around 30 for collecting payment. They may need to consider discounting to the customers that are paying the money on time. The company needs to consider charging penalty fees for accounts they are outstanding. Managing account payables is another way to manage working capital. They need to keep a good relationship with their suppliers. When picking suppliers payment and the terms of the contract need to be the number one priority. Paying the supplier on time and keeping an open line of communication is the key to managing the accounts payable. They also need to re-evaluate how inventory is handled to properly manage their working capital. The inventory and purchasing has to be reviewed to make sure they are bringing in the correct and defect free products and keeping track of them. They need to develop the first in first out method. They need to use the inventory longer that they had the longest. They need a security plan in place to make sure the inventory is accounted for and locked in a safe facility. Lease vs. Buy Competition Bikes has to make the decision whether they will lease a facility or whether they will buy in the Canadian expansion. For the leasing option the storyline advises 5 year lease financing has been offered at 6%. No down payment is required with this option but the $200,000 working capital must  still be internally funded. The leasing company would buy the building outright and then accept five $90,000 lease payments over 5 years. A $50,000 buyout option would be included so Competition Bikes, Inc. could choose to keep the location at the end of the five-year lease. To the lease the facility it will cost $283,752 after call calculations are done. They also have the option of buying an existing facility. The storyline advised Competition Bikes, Inc. found a suitable existing facility it could buy outright for $400,000 using one of the options from the capital structure analysis. The lenders require a $50,000 down payment. The working capital requirements and down payment must be internally funded. The purchasing option totaled the company out at $399,774. If the facility is purchased they had to factor in an $18,000 operational cost. In the story is stated the depreciation on the new asset will be based on a 10-year life. The building is expected †¨to have $200,000 value at the end of the ten years. The after cash flows of 80,439 at year 9, 81,743 at year 10, 83,125 at year 11, 84,590 at year 12, and 86,143 at year 13 all factored into the after cash flow. The tax rate of 35% goal is to preserve working capital. The leasing option is going to be less money and a better option for having a positive working capital. Merger vs. Acquisition A merger is when two companies mutually agree to become one company. They will them form one completely new company. If the merger they can offer a better robust product line. With the merger they also can bring in and appeal to a wider customer base than being just one company. The potential for increased revenue is an advantage to merging two companies. A merger can bring a better research and development element to the new company. The cons of a company merger can be increased prices. If there is less competition in the market and one company having monopoly power they can make consumers pay higher prices. A company merger can also lead to job losses for staff at both companies depending on the new business needs. The storyline suggests in a merged company the Canadian Bikes, Inc. shares will be exchanged for Competition Bikes, Inc. shares on a 3:1 basis. During the merger in year 8 for available common stock for Competition Bikes will have 31,286 while Canadian Bikes will have 24 ,200. After the merger Competition Bikes will 975,000 of the shares plus 1/3 of Canadian Bikes 200,000 shares outstanding. The earnings per share before the merger was .032 and after the merger the earnings would be .053; which is a .21 increase. The merger will increase shareholder value. An acquisition is when one company buys another company by taking over most or all of it. During an acquisition one company will consume total control over the other. The parent company will acquire or absorb a second company to further their businesses goal of market domination. An acquisition will give the parent company more market power and financial increase. During an acquisition they can also run into some challenges. A company can run into difficulties integrating two different companies and having them on the same page. Acquiring another can sometime be pricy. A lot of capital has to be raised before company negotiations can begin. The story advises Competition Bikes, Inc. has the option to acquire Canadian Bikes, Inc. at an offer price 30% above the Year 8 ending share price. If Canadian Bikes is acquired Competition bikes will have to pay $286,000 to acquire Canadian Bikes. The net present value of the acquisition would be -73,862, that number came from taking 212,138 of the present value and subtracting 286,000 of the offer price Competition Bikes would have to pay Canadian Bikes in the acquisition. Based off the statistical figures the final recommendation would be for Competition Bikes to merge with Canadian Bikes rather than acquiring them. The merger had a .021 increase in earnings per share while the acquisition would have Competition Bikes at a -73,862 in net present value. Net present value needs to be a positive number for a company to consider taking on a new investment.

Tuesday, January 7, 2020

Definition and Examples of Codification in English

The linguistic term codification refers to the methods by which a language is standardized. These methods include the creation and use of dictionaries, style and usage guides, traditional grammar textbooks, and the like. [S]tandardization aims to ensure fixed values for the counters in a system, wrote James and Lesley Milroy in Authority in Language: Investigating Standard English. In language, this means preventing variability in   spelling  and  pronunciation  by selecting fixed conventions uniquely regarded as correct, establishing correct meanings of words...uniquely acceptable word forms (he does  is acceptable, but  he  do  is not) and fixed conventions of  sentence structure. The term  codification  was popularized in the early 1970s by  linguist  Einar Haugen, who defined it as a process that leads to minimal variation in  form (Dialect, Language, Nation, 1972). The Evolution of English Codification is an ongoing process. The English language evolved over centuries from Old English to Middle English after the Norman Conquest in 1066 to Modern English in about the mid-15th century. For example, different word forms were dropped, such as having nouns with different genders or additional verb forms. The proper order for words in a sentence coalesced (subject-verb-object) and variations (such as verb-subject-object) pretty much disappeared. New words were added, such as 10,000 of them being incorporated from French after the conquest. Some of the duplicate words changed meanings, and some were lost altogether. These are all examples of how the language has codified. Spellings and meanings continue to change and be added to the dictionary today, of course, but the most important period of codification [in English] was probably the 18th century, which saw the publication of hundreds of dictionaries and grammars, including Samuel Johnsons monumental Dictionary of the English Language (1755) [in Great Britain] and Noah Websters The American Spelling Book (1783) in the United States (Routledge Dictionary of English Language Studies, 2007). During the languages evolution, Dennis Ager wrote, in the   Language Policy in Britain and France: The Processes of Policy, three influences were...paramount: the kings English, in the form of the administrative and legal language; literary English, in the form of the language accepted as that used by great literature—and for printing and publishing; and Oxford English, or the English of education and the Church—its main provider. At no point in this process was the State openly involved.He continued, Codification also affected the spoken form of the standard language. Received pronunciation was codified through the influence of education, particularly that of the 19th-century public schools, followed from the early 20th century by cinema, radio  and  television (BBC English).  Nonetheless  it is estimated that only 3-5  per cent  of the population of Britain  speak  received pronunciation today...and hence this particular form of the language is accepted by society only in the sense that it is widely understood. Even though English is a flexible language, continually borrowing words from other languages (an estimated 350 different languages, in fact), adding words, definitions, and spellings to the dictionary, the basic grammar and pronunciation ​have remained relatively stable and codified.