Best Topics For Research Paper
Wednesday, August 26, 2020
5 Alternate Writing Techniques in English You Havent Heard of
5 Alternate Writing Techniques in English You Havent Heard of 5 Alternate Writing Techniques in English You Havent Heard of Your teacher peruses twelve of papers each time he/she doles out an article. In the event that you need to get a high evaluation, you need to guarantee that your paper stands apart from the rest. How might you do that? On the off chance that you have aced the essential composing methods, here are five further developed ones that you can use to separate yourself from the rest. 1. Be Original As regularly as could be expected under the circumstances, attempt to adopt a special strategy on the subject, offer a unique point of view, or utilize your words in a new and intriguing manner. As your teacher filters through twelve of papers, he/she wouldn't like to see a similar theme ordinarily. Adopt an innovative strategy to the task that will assist you with sticking out, and you will get a higher evaluation accordingly. Contingent upon the task, you ought to likewise write in your own one of a kind voice. For certain assignments, you may should be amazingly formal and scholastic. In any case, in the event that you have an increasingly inventive task, utilize an instructive conversational tone. Compose the manner in which you would address somebody you regard and feel great with. Permit your composition to mirror your own character and your style too. Writing in such a way permits you to associate with the crowd. 2. Recount to a Story On the off chance that you have a viable, genuine account that is identified with the subject you are expounding on, it is normally fitting to recount to quickly a story that outlines your point. Not just this comes to your meaningful conclusion more clear, however it can likewise be engaging for the peruser. Numerous scholars don't utilize this strategy, so it is one of the approaches to separate your composition. In any case, ensure that your story is straightforwardly identified with your paper and isn't off theme or pointless. Additionally, arrive at the point rapidly without investing an extreme measure of energy in the story. A couple of sentences are generally enough to engage the peruser and to communicate your point. 3. Show, Do Not Tell This procedure particularly applies to exploratory writing, yet it very well may be utilized in different kinds of works too. At the point when you are composing, basic telling the peruser some data, it isn't generally viable. It is smarter to show the peruser through subtleties, models, and proof. Illustrate the data you are attempting to clarify. In experimental writing, this can incorporate utilizing the five faculties to make your composing indispensable. Depict what something looks like, smells, feels, tastes, and sounds to make a clear picture in the readerââ¬â¢s mind. In instructive or convincing composition, such a method can mean including models and proof to help the cases. Rather than saying that Abraham Lincoln is the best United States president, show that he is the best United States president by giving proof and giving models. Rather than saying that you were anxious, talk about your sweat-soaked palms and hustling heart. This is outstanding amongst other composing procedures in English, and it will without a doubt dazzle any individual who peruses your paper. 4. Utilize a Call to Action A source of inspiration is smarter to use in influential composition. Such a strategy welcomes your peruser to make a type of move, and it is a fantastic thing since it draws in your crowd and includes it in perusing your paper. A source of inspiration can be whatever is pertinent to your theme. For instance, on the off chance that you simply have spent a whole paper persuading perusers that each individual is answerable for the soundness of the planet, you could finish up your exposition by urging your perusers to reuse or moderate water. On the off chance that you compose a convincing paper about a law that everybody should consider, you can incorporate a source of inspiration encouraging your perusers to call lawmakers or sign a request. The source of inspiration should welcome the peruser to act and make them associated with perusing your paper. 5. Utilization of Figurative Language You have most likely known about allegorical language before-this is the language that is utilized innovatively and isn't intended to be taken actually. Allegorical language incorporates comparison, representation, overstatement, likeness in sound, and imagery. You should utilize allegorical language in exploratory writing, however it can likewise be a successful strategy in educational or enticing composition. An all around put illustration can dazzle your peruser and come to your meaningful conclusion increasingly delightful and reasonable. Next time you are doled out to compose a paper, take a stab at utilizing these procedures. Your teacher will be without a doubt dazzled!
Saturday, August 22, 2020
Compassion and Media Representations of Suffering Essay
Sympathy and Media Representations of Suffering - Essay Example Sympathy Cultivation The choice on how these pictures will be utilized and how a story will be advised are left to the choice of the writers and the editors. These choices are impacted by various components which incorporate social guidelines of the essential crowd and the desires for promoters. The final result is quite often outfitted towards what will be justified as intriguing by more individuals so as to draw in more promoters. Media produce materials that bring out sympathy since empathy is the thing that calls crowd consideration. Media positions the crowd from a spectatorââ¬â¢s perspective, an aloof crowd that is feeble with regards to the accomplishing something against the sufferings of survivors of catastrophic events and artificial wrongdoings. To set up a progressively close connection between the news content and the crowd, media utilize individual stories that are exceptionally centered around the regular people. Their misfortunes are featured, their tears take the spots of real body tally and political investigation. By putting taking care of the crowd the enduring of individuals who should be blamelessness and the way that crowd can't successfully intervene the torment, the media makes removed torment. The crowd are being adapted to contemplate the state of outsiders a great many miles away. This system of inaccessible enduring has been incredible to the point that it has associated governmental issues, crowd, and non-benefit associations towards one reason. The development of innovation has managed more news associations and even common residents to get to and disperse news and other data. The web has likewise extended the guidelines on the degree of enduring one may appear. All the more significantly, this constant progression of data on enduring has increased the audienceââ¬â¢s empathy on account of the fortification of the way that they are at last frail to change to anything and even with the benefit of knowing and watching, they can 't do anything. The crowd isn't any longer permitted to isolate themselves from the destiny of others or take asylum in numbness since they are never protected from the data. Empathy Fatigue Moeller (1999) accepts that this equation is likewise the reason for sympathy exhaustion. The nonstop drive to increase feeling and light enthusiasm from the crowd is trading off the very embodiment of news coverage. Reporting should maintain realities and realities without preferring any side. News coverage is about data scattering. These assume a mediocre position over productivity. As media organizations battle for crowd, they keep on upping the ante on how they present their accounts without intersection the lawful limits. Accordingly, the media organizations resort to sentimentality. The outcome is the regularly developing worry on the precision of data that the crowd acquires and the correct feeling that news should summon. Chouliaraki (2006) examined how experience news encapsulates this circumstance. She referenced three basic recent developments: shootings in Indonesia, a pontoon mishap in India and ââ¬Ëbiblical floodsââ¬â¢ in Bangladesh. These were given close to one moment of broadcast appointment. Significant data was likewise not referenced in the ââ¬Ëbreaking newsââ¬â¢ partition and was not introduced in the correct setting of the occasion. This treatment results to an absence of structure for the crowd to comprehend the heaviness of the occasion. Th
Friday, August 14, 2020
Why Students Hate to Go to College
Why Students Hate to Go to College Why Students Hate to Go to College HomeâºEducation PostsâºWhy Students Hate to Go to College Education PostsWhile for some students college times are the most interesting and exciting in their life, for others college is the worst time of their life. Today, more and more students do not want to go to college and even experience fit of anger and despair. The main trouble is that students know that they should get education in order to find a good job but they cannot cope with their feeling of hate when they only think about college.Below are some reasons why students hate to go to college and ways how to deal with them:⢠College is too expensive. Yes, itâs true, but you can always find some alternatives. There are many forms of tuition assistance, you only need to research and you will definitely find the one which will help you. You may also consider such alternative as summer school.⢠Boring professor. In such a situation, you can always drop this course and find another on e with a good professor. Remember, bad professor is not a reason to hate college.⢠Low grades. First of all, you should examine this problem as there are many reasons why your grades can be low. If you lack some knowledge in a specific subject, you can always ask your peers to pull you up. If you think that the reason is in your professor, you may ask him/her what is wrong. And as a last resort, you may drop this class.⢠Too many writing assignments. Please remember that writing skills are really necessary for you and you may need them in your future profession. Of course, professors give many writing assignments but if you learn how to manage your time, you can cope with them. Moreover, if you need some writing assistance, qualitycustomessays.com will be of great help for you.Itâs clear that we can list reasons for hating college forever but note that everything depends on you and on your relation to the problem. Remember that all obstacles can be overcome if you will keep po sitive!
Sunday, May 24, 2020
Evaluation Is Not Qualified For Conduct Psychological...
The following document is entirely fictional, the person named in the evaluation was never actually evaluated, and the report author is not qualified to conduct psychological evaluations. Edward ââ¬Å"Teddyâ⬠Daniels is a veteran from World Was II and a current U.S Marshall from Boston. Edward is sent to an island called ââ¬Å"Shutter Islandâ⬠with new partner Chuck. Shutter Island is a mental institute where only the worlds most dangerous psychiatric patients go. Teddy and his partner Chuck were asked to go to the island to investigate the disappearance of Rachel. She was a patient there due to Rachel murdering her three children. After arriving to Shutter Island Teddy and Chuck start their investigation. However, while being there Teddy wants vengeance on his wife and children killer, Andrew Laeddis. As their investigation goes on and Teddy goes to places where he should not, Dr. Cawley confronts Teddy stating that he has been a patient there for nearly 2 years. T he doctor also tells Teddy that his headaches and shaking us due to withdraw from the medication he has been taking but has not taking it. His partner Chuck is actually his psychiatrist and along with Dr. Cawley they are trying to bring him back to reality, the reality that he is Andrew Laeddis. Now that Edward ââ¬Å"Teddyâ⬠Daniels knows the truth about him being Andrew Laeddis, he has encounter with other personalities because he cannot cope with the idea that he killed her because she killed their three children.Show MoreRelatedPsychological Assessment And Ethics Of Forensic Psychology1675 Words à |à 7 Pages Psychological Assessment and Ethics Debra Deering FO611 Ethics and Professional Issues in Forensic Psychology Professor Cathy Donnell February 8, 2015 Abstract The purpose of this paper is to discuss the Million Clinical Multiaxial Inventory III. Information to be included in this paper will detail why this psychological assessment is used, how it is administered ethically, how it is scored, why it is unique, what precautions need to be taken to assure its ethical use, and any ethical concernsRead MoreEvaluation Of A Formal Referral1691 Words à |à 7 Pagesdetermine if an evaluation is warranted and the scope of that evaluation. Typically learning, psychological, and social assessments are ordered. Additional evaluations that may be ordered include speech, occupational therapy, physical therapy, psychiatric, and/or neurological assessments. If the parent attends the initial determination meeting and evaluations are warranted, the parent can sign consent at that time or refuse. The school district has 90 calendar days to complete the evaluations, and if eligibleRead MorePsychology : A Profession And A Science1525 Words à |à 7 Pagesind ividuals will act, helping individuals to modify their behaviour and helping associations, groups and societies change. Then again as a science psychology is the investigation of how individuals see (Super Super, 2009). A percentage of the psychological professions include clinical psychology, counseling psychology, health psychology, forensic psychology, social psychology etc. (Keether Morgan, 2013). I have decided to pursue with MSc. forensic psychology after my undergraduate degree. ForensicRead MoreAn Evaluation Of The Course Review828 Words à |à 4 PagesAn evaluation of the course review reveals that there is an ethical ridge that many run along when attempting to conduct qualitative research. The IRB (Institutional Review Board) was ordained into federal law to maintain the sanctity and protection of research involving human research subjects. The rules prescribe that an evaluation must realize any potential, hazards, risks both physical and psychological that can occur during the study. The IRB review board (OHRP) *see references, must reviewRead MoreNo Denial Of Medical Care1372 Words à |à 6 Pagesposition. Nevertheless, mere negligence or malpractice does not violate the Eighth Amendment. (citations omitted.) (emphasis added). Id., at p.851-52. Thus, in order to state a cause of action for lack of adequate medical care, plaintiff must allege conduct that shock[s] the conscience or [is] intolerable to fundamental fairness. Id. The medical condition at issue must be serious. See Hudson v. McMillan, 503 U.S. 1, 9 (1992) (there is no expectation that prisoners will be provided with unqualifiedRead MoreImportance Of Community College Oss892 Words à |à 4 Pagesold) and a comprehensive evaluation that includes: Type and severity of the hearing loss, specific functional limitations in an educational setting related to the hearing loss and how the hearing loss may affect class participation, and suggestions of reasonable accommodations that might be appropriate at the postsecondary level Students with a learning disability are required to provide a current (no more than five years old) comprehensive psychological and education evaluation. Testing should be comprehensiveRead MorePerformance Appraisal in the Contemporary World1481 Words à |à 6 Pagesbehavior and employeeââ¬â¢s psychological needs When employees are satisfied, their perception of the organization is positive. Employers demand commitment and dedication from their employees and the employee expect more from the employer . Performance appraisals are a great way to determine how effective an employee is. These are conducted on an individual level. Performance appraisals allow an employee to be rated on specific goals, tasks, and accomplishments that they conduct over a period. An individualRead MoreHuman Resources Managementââ¬â Case Study1421 Words à |à 6 Pagescultivating talents, promote organization towards a more hopeful tomorrow. The content of the human resource managementï ¼Å¡ (1) Job analysis and design. The nature of enterprise each work position, structure, responsibilities, processes, and qualified for this position staff s quality, knowledge, skills, etc., on the basis of information obtained in the investigation and analysis, write a job description and job specification such as the personnel file management. (2) Human resource planningRead MoreCase Manager Interview1193 Words à |à 5 PagesManager Interview Case Manager: Merventine Scott Organization: Family and Youth Services Assessment and reassessment 1. When clients are referred to your organization, what process or procedure is followed to assess your client (such as psychological, social, medical, et cetera)? When clients are referred to Family and Youth Services an initial assessment is performed, which includes information on a clients demographics, residential status, income, insurance coverage, mental or medical historyRead MoreWhat Is Methamphetamine Induces Depression?1631 Words à |à 7 PagesEvaluation of research processes Secondary Analysis This research process involved analysing innumerable data that already exist and exhibits the increasing number of deaths as a result of methamphetamine abuse. This allowed me to research the most common causes of these deaths further and found that suicide and overdose were the most occurring causes. This broadened my insight of methamphetamine abuse and led me to my research question and to study how methamphetamine induces depression as it is
Wednesday, May 13, 2020
A Competitive Business World Is A Far Different From 100...
BSBWOR501 Assessment 2 Pauline Jacobs Today the highly competitive business world is a far different from 100 years ago. Technology has changed management method, the sharing of information, communication, products and services, work practices, staff relationships, types of employment, methods of working, skills needed for employment and most importantly how we work with each other. The most significant difference is that workers are empowered by education, and skills brought to an organisation are through education, and not on the job training. The difference in management style from yesteryear is vast. A more hands on approach by management, embracing technology, understanding that people learn differently, setting standards and competencies, using competition as a positive, improved individual performance equals improved organisational performance, happy home life equals happy work life, enjoyment of work equals continuing learning, good leadership equals staff emulating managers as performance. At the core of this is a good role model. A good role model can be the manager, the cleaner, the accounts clerk, anybody who is part of the organisation. It does not need position of responsibility or rank, just, admired and respected for your individual behaviours. A good role model has a personal goal, aligned with the organisation objectives, mission statements, and goals. The department you work in will have its own goals aligned to the organisations goals. UnderstandingShow MoreRelatedPorters Five Forces Framework1547 Words à |à 7 Pagesframework is a framework to analysis the level of competition in an organization and business strategy development. It illustrates upon industrial organization economics to derive 5 forces that find out the competitive intensity and therefore attractiveness of an industry. It has been applied to a diverse range of obstacles, for helping different types of organization increase their profitability. There are different opportunities and treats involved. In the following paragraph, Porterââ¬â¢s five forcesRead MoreThe Digital Channel: Consumer Buying Behavior and Experience1571 Words à |à 6 Pagesdistributors and what they had in stock. If you wanted something, you had to go out and get it. Until, the advent of the internet. The internet changed the world forever. The internet undoubtabley changed how all businesses sell goods and services. This also changed how customers buy products, no longer did customers have to shovel snow to get products from town and navigate city streets or wait in long lines. Internet shopping took a while to grab a hold on the consumer. Early on, consumers preferred goingRead MoreAirbus Key Factor Of Business Strategy1633 Words à |à 7 PagesFrankfurt, Washington, Beijing, Dubai and Singapore and more than 150 service offices around the world. Airbus key factor of business strategy is global diversity, it has multi-culture employees of more than 55,000, which includes over 100 nationalities from different region in the world (Airbus, 2015b). The main competitor Airbusââ¬â¢s main competitor, Boeing Company was founded in 1916, it has been the world s leading manufacturer of large commercial aircrafts for several decades (Tong Tong, 2003)Read MoreFilm Theater : A Movie Theater1524 Words à |à 7 Pagescoming only from tickets but also from all the sales of food and drinks. Nowadays a Movie Theater has a 3 to 4 floors building with different types of restaurants and entertainments for kids so basically there are a lot of different sources of profits for Movie Theater. A Movie Theater has to attract people not only with movies but also with all the fun that people can have in Movie Theater. Technological factors â⬠¢ 3-D equipped â⬠¢ Digital age â⬠¢ The IMAX As we know today all the world is using Read MoreChanges Of The Human Resource Environment Essay1732 Words à |à 7 Pagesenvironment just like business environment is changing, and there are five factors which are involved in the environmental change of HR (Academy of Human Resource Development 2002). These are: 1. diversifying in Work force 2. Shifting environment of work. 3. Globalization 4. Governmental streamlining 5. Changes in machinery and financial system Diversifying in the Work force: Diversity is any quality that human beings are most likely to use to tell the difference between one individual from the other. TheRead MorePros And Cons Of Extreme Sports1334 Words à |à 6 PagesOne of the fastest most paramount growing trend in the world today is the proliferation and integration of extreme sports. This is a very important trend, and I am going to talk about the reason why the trend has emerged through brief history, pros and cons. My goal is to make sure that this trend is well-understood. Extreme sports are more popular among young people; we could say that the spectacular stunts used in these wild sports attract mostly younger generation. Most participants in these sportsRead MoreThe s Bank : A Great Training Program For The New Employees1580 Words à |à 7 PagesOCBC, it has been stated that it is ranked as the strongest bank in the world, this was a few years ago (Youssef-Morgan Stark, 2014). One of the most notable strength is its emphasis on Proactive ta lent and development, for example, OCBCââ¬â¢s bank has a great training program for the new employees (Youssef-Morgan Stark, 2014). OCBCââ¬â¢s Bank leads the way through not only its disciplined approach towards credit and risk management, but also its active talent development initiatives (Youssef-Morgan Read MoreCompetitive Rivalry And Competition With Apple1735 Words à |à 7 Pages Competitive Rivalry or Competition with Apple (Strong Force): this force play very important role in Apple industry as Apple faces the strong force of competition There are many companies in the world who stand at the front of Apple to compete it.Spite of it Apple is able to know the strength of impact of comptitors with the help of Porterââ¬â¢s Five Forces analysis model which depend on the following external factors: 1. High aggressiveness of firms (strong force) 2. Low switching cost (strongRead MoreCommunication : The Key Factors That Govern Not Only A Manager s Life1576 Words à |à 7 Pagesbut also everyone in this world. However a manager has to effectively use his communication skills in order to put up the exact message or otherwise the repercussions may lead to a predicament. Communication is a two way process wherein an information is transmitted from one side that is an individual, group or team to another individual, group or team, and then the ideas or information are reciprocated, which is called as a feedback process. Managers all over the world motivate their employees forRead MoreOffshoring: The Future Of Our Economy Essay1464 Words à |à 6 Pagesthe stability of our economy by securing the vitality of our businesses. In order to remain or become competitive in todays economy, US based companies must outsource jobs to foreign countries. The cost savings that can be derived from hiring employees in underdeveloped countries such as India or China are astounding. According to Agrwa and Farrell (2003), For every dollar of spending on business services that moves offshore, US companies save 58 cents, mainly in wages. The average salary for
Wednesday, May 6, 2020
Morality and Ethics Free Essays
Morality and Ethics Morality and ethics are terms often used as if they have the same meaning. At other times, they are used as if they have no relationship to one another. I think most people realize ethics and morality have something to do with the concepts of good and bad. We will write a custom essay sample on Morality and Ethics or any similar topic only for you Order Now However, English is not like French, which has the Academic Fantasies acting as its linguistic jury ââ¬â establishing what proper French is. English changes at the impulse of the crowded. One can bomb, and thatââ¬â¢s bad, but if one is the bomb, and thatââ¬â¢s good. The word ââ¬Å"moralityâ⬠has been co-opted by groups, such as the Moral Majority, making us think morality only deals with acts these religious groups think arenââ¬â¢t proper, or are therefore immoral. The meanings of the terms ââ¬Å"ethicsâ⬠and ââ¬Å"moralityâ⬠can be differentiated based on their origins in ancient Greek and Latin, respectively. As a result, words that come into the English language from the Greeks often have meanings that are primarily philosophical study, while the Latin-derived words imply ââ¬Å"doing the thing. Ethics comes from the Greek word ethos ââ¬â moral character or custom. Morality comes from the Latin word moralist ââ¬â custom or manner. The words both deal with the customs or the manner in which people do things. Their modern meanings relate to the way people act ââ¬â either good or bad. Morality, strictly speaking, is used to refer to what we would call moral conduct or standards. Morality is looking at how good or bad our conduct is, and our standards about conduct. Ethics is used to refer to the formal study of those standards or conduct. Sometimes, one refers to the study of conduct as moral philosophy, but that is less common than just saying ââ¬Å"ethics. â⬠One might say that morality is ethics in action, but in the end, the two terms can be used interchangeably. The study of ethics or moral philosophy can be divided into three broad areas: descriptive, normative and analytical or met ethics. Ethics deals with such questions at all levels. Its subject consists of the fundamental issues of practical decision making, and its major concerns include the nature of ultimate value and the standards by which human actions can be judged right or wrong. The terms ethics and morality are closely related. We now often refer to ethical judgments or ethical principles where it once would have been more common to speak of moral judgments or moral principles. These applications are an extension of the meaning of ethics. Strictly speaking, however, the term refers not to morality itself but to the field of study, or branch of inquiry, that has morality as its subject matter. In this sense, ethics is equivalent to moral philosophy. Although ethics has always been viewed as a branch of philosophy, its all-embracing practical nature links it with many other areas of study, including anthropology, biology, economics, history, politics, sociology, and theology. Yet, ethics remains distinct from such disciplines because it is not a matter of factual knowledge in the way that the sciences and other branches of inquiry are. Rather, it has to do with determining the nature of normative theories and applying these sets of principles to practical moral problems. Virtually every human society has some form of myth to explain the origin of morality. In the Louvre in Paris there is a black Babylonian column with a relief showing the sun god Shamash presenting the code of laws to Hammurabi. The Old Testament account of God giving the Ten Commandments to Moses on Mt. Sinai might be considered another example. In Platoââ¬â¢s Protagoras there is an avowedly mythical account of how Zeus took pity on the wretched humans, who, living in small groups and with insufficient teeth, weak claws, and lack of speed, were no match for the other beasts. To make up for these deficiencies, Zeus gave humans a moral sense and the capacity for law and justice, so that they could live in larger communities and cooperate with one another. There is some difficulty, already known to Plato, with the view that morality was created by a divine power. In his dialogue Euthyphro, Plato considered the suggestion that it is divine approval that makes an action good. Plato pointed out that if this were the case, we could not say that the gods approve of the actions because the actions are good. Why then do the gods approve of these actions rather than others? Is their approval entirely capricious? Plato considered this impossible and so held that there must be some standards of right or wrong that are independent of the likes and dislikes of the gods. Modern philosophers have generally accepted Platoââ¬â¢s argument because the alternative implies that if the gods had happened to approve of torturing children and to disapprove of helping oneââ¬â¢s neighbors, then torture would have been good and neighborliness bad. That morality should be invested with all the mystery and power of divine origin s not surprising. Nothing else could provide such strong reasons for accepting the moral law. By attributing a divine origin to morality, the priesthood became its interpreter and guardian, and thereby secured for itself a power that it would not readily abandon. This link between morality and religion has been so firmly forged that it is still sometimes asserted that there can be no morality without religion. According to this view, ethics ce ases to be an independent field of study. It becomes, instead, moral theology. How to cite Morality and Ethics, Papers
Sunday, May 3, 2020
European Automotive Industry Profitable Business Companies
Question: Discuss about the European Automotive Industry for Profitable Business Companies. Answer: 1: The main reason why profitable companies like Jackson Automotive cannot repay their loans in time is associated with the fact that what they have been earning and producing have not been at enough rates to enable them cover the cost, operate, and manufacture effectively and in a timely manner (Lin, Prabhala, and Viswanathan 2013, pp. 26). This situation makes companies to be deficient of cash flows and thereby affecting their smooth operations. Even though Jackson Automotive is a profitable and a reputable company, it has not been able to repay its debts on time due to two major developments that took place in the company between August 2012 and May 2013. The first development was repurchasing of stock at $ 10,000, which made up 65 % of the total use of funds in the company (La Cava 2013, pp. 13). Stock worth $ 5,000 was repurchased with the amount borrowed from the bank (bank loan) as the source of funds, and this led to an increase in debt ratio of the company in two fold from its level of 23 % in August 2012 to a level of 43 % in May 2013 (Banks, Marston, Russell, and Karger 2015, pp. 38). In addition, this action also affected the debt equity ratio of the company, which increased to 1.8 in May 2013 from a level of 1.3 in August 2012 (Said 2013, pp. 162). This indicates that Jackson is becoming insolvent as it raising less equity and taking more debt (Drescher 2013, pp. 23). As such, this has made it more difficult for Jackson to recover the interest expenses on the loan or to make the loan payments. The second development that took place was that Jackson purchased momentous amount of inventories, which was equivalent to 33 % of the total funds used by the company. This made the current ration of the company to change to 1.4 in May from 3.0 in August indicating that the ability of Jackson has decreased and it was now more liquid than it was before (Sarkar 2016, pp. 4). In addition, the acid ratio of the company decreased to a level of 0.6 in May from a level of 1.7 in August. Even though a ratio of 0.6 is good enough for an automotive industry, it still affects the ability of Jackson to repay its loan (Bansal 2014, pp. 160). The sources and uses of funds statement shows the money need for all purposes in a company and where the money is going to come from (McKinney 2015,pp. 24). The sources and uses statement for Jackson Automotive Company for the period between August 2012 and May 2013 is as shown below. Uses of Funds Inventories $ 82,932 Accumulated Depreciation $ 309,080 Accounts payable $ 53,589 Notes payable, bank $ 45,000 Accrued taxes $ 2,183 Other accrued expenses $ 14,178 Customer advance payments $ 15,553 Total Uses of Funds $ 522,515 Sources of Funds Stakeholders' Equity $202,396 Total to be financed $320,119 Total Sources $522,515 2: Jackson Automotive is among the very successful companies, which are still trying to surmount the economic downturn of the year 2008 in order to get themselves back to their previous successes. Jackson Automotive, being in Michigan, has competed so well against the three major automobile manufacturers (Murfin and Petersen 2016, pp. 30). It has been conventionally operated by Edwards and it has not had to bear any debt since the year 2004. However, what it has been earning and producing has not been at enough rates to enable it cover the cost, operate, and manufacture effectively and in a timely manner (Bamber 2015, pp. 76). As such, the company needs to borrow a new loan from the bank. The additional borrowing was urgently needed to help Jackson Automotive to clear its unfulfilled backlog of customers orders. According to Allen, Kramadibrata, Powell, and Singh (2013, pp. 21), even though Jackson Automotive had in the past borrowed some amount, which it could not pay back in time because of the financial crisis, it still faces tough economic times and delays in the order fulfillment and these have resulted into less cash flow into the company. As such, it urgently needs to borrow money from the bank to help it fix this situation. This is because in the event it fails to fix this situation, what it may face is loss of business because of failure to fulfill orders in a timely manner. This may make customers to start looking for new suppliers. In addition, the loan was urgently needed because the events that transpired between August 2012 and May 2013 that were caused by inadequate cash flows made it to lack funds for repurchasing stock (Dunn, Ledford, Jackson, and Wood 2014, pp. 607). As such, it was forced to have a backlog of unfulfilled orders from the customers, which was about 90 % of the annual capacity of the company (Hes and Polednkov 2013, pp. 29). As such, it was prudent for the Jackson Automotive to urgently borrow money from the bank to prevent if form losing its business. Reference Allen, D.E., Kramadibrata, A.R., Powell, R.J. and Singh, A.K., 2013. Default Risk in the European Automotive Industry. International Review of Business Research Papers, 9(1), pp.22-37. Arnold, G., 2014. Corporate financial management. Pearson Higher Ed. Bamber, G.J., 2015. Work systems and employment relations in the Australian automotive manufacturing industry. Members-only Library. Banks, M., Marston, G., Russell, R. and Karger, H., 2015. In a perfect world it would be great if they didn't exist: How Australians experience payday loans. International Journal of Social Welfare, 24(1), pp.37-47. Bansal, R., 2014. A comparative analysis of the financial ratios of selected banks in the India for the period of 20112014. Research Journal of Finance and Accounting, 5(19), pp.153-167. Brigham, E.F. and Ehrhardt, M.C., 2013. Financial management: Theory practice. Cengage Learning. Brigham, E.F. and Houston, J.F., 2012. Fundamentals of financial management. Cengage Learning. Brigham, E.F. and Daves, P.R., 2012. Intermediate financial management. Nelson Education. Drescher, F., 2013. Insolvency timing and managerial decision-making. Springer Science Business Media. Dorfman, M.S. and Cather, D.A., 2012. Introduction to risk management and insurance. Pearson Higher Ed. Dunn, J.P., Ledford, S., Jackson, S.H. and Wood, A.G., The Clearing House Payments Company LLC, 2014. Electronic payment clearing and check image exchange systems and methods. U.S. Patent 8,725,607. Finkler, S.A., Smith, D.L., Calabrese, T.D. and Purtell, R.M., 2016. Financial management for public, health, and not-for-profit organizations. CQ Press. Hes, T. and Polednkov, A., 2013. Correction of the claim for microfinance market of 1.5 billion clients. International Letters of Social and Humanistic Sciences, (02), pp.18-31. La Cava, G., 2013. Inventory Investment in Australia and the Global Financial Crisis (No. rdp2013-13). Reserve Bank of Australia. Lasher, W.R., 2013. Practical financial management. Nelson Education. Lin, M., Prabhala, N.R. and Viswanathan, S., 2013. Judging borrowers by the company they keep: Friendship networks and information asymmetry in online peer-to-peer lending. Management Science, 59(1), pp.17-35. Murfin, J. and Petersen, M., 2016. Loans on sale: Credit market seasonality, borrower need, and lender rents. Journal of Financial Economics. McKinney, J.B., 2015. Effective financial management in public and nonprofit agencies. ABC-CLIO. Said, H.B., 2013. Impact of ownership structure on debt equity ratio: A static and a dynamic analytical framework. International Business Research, 6(6), p.162. Sarkar, A.K., 2016. Liquidity Analysis of Britannia Industries Ltd. PARIPEX-Indian Journal of Research, 5(4).
Subscribe to:
Posts (Atom)