Coroporate finance Research Paper Example | Topics and Well Written Essays - 1500 words

Coroporate finance - Research Paper Example Ratio analysis uses data from the financial statements to develop financial formulas that calculate ratios. The purpose of this paper is to utilize ratio analysis to analyze the financial performance of Qatar Telecom Q.S.C. and Vodafone Qatar Q.S.C. during the last two years. Company profile Qatar Telecom Qatar Telecom is the leading telecommunications company in the small Persian Gulf country of Qatar. The company’s landline business operates in a monopoly market since the firm is the only company that provides that service. Some of the services that the company provides to its customers include landlines, wireless communication, internet, and cable television. The firm is a multinational corporation that operates in 17 countries. The majority ownership of the company is held by the government of Qatar who owns 55% of the firm. The remaining 45% is owned by private investors who openly trade their stocks in the Qatar Exchange. Company profile Vodafone Qatar Vodafone is a mult inational corporation in the telecommunication industry that operates in over 30 countries. The firm was founded in 1985. The company has over 403 million customers around the world. The firm has used strategic alliances and partnerships to expand its reach. Its global network of partners is composed of 50 companies. The firm is considered the 7th most valuable brand within its industry. The organization has a diversified portfolio of products and services which includes mobile, business, and marketing solutions. Overview ratio analysis The use of ratio analysis can help companies evaluate the financial performance of an enterprise. The analysis is considered a quantitative tool. One of the advantages of applying ratio analysis is that it is easy to use. Any person that has basic business knowledge can retrieve the financial statements of a company and calculate its ratios. Nine additional advantages of the use of ratio analysis are listed below: Helpful in decision making Helpful i n financial analysis and planning Helpful in communication Helpful in coordination Helps in control Helpful in shareholder’s decisions Helpful in creditor’s decisions Helpful in employees decisions Helpful in governmental decisions (Svtuition, 2011). Another virtue of the use of ratio analysis is its comparability. The ratios of different companies can be compare to evaluate which firm is the better investment alternative. The five major categories of ratios are liquidity, financial leverage, asset efficiency, profitability, and market value ratios. Ratio analysis Qatar Telecom A ratio analysis of Qatar Telecom for the years 2011 and 2012 is illustrated below. 2011 2012 Net margin 18.71% 13.79% Earnings per share QR 14.80 QR 9.88 Return on assets 5.82% 4.93% Return on equity 15.09% 12.60% Current ratio 1.01 1.05 Acid-test ratio 1.00 1.03 Working capital QR 304908000 QR 975749000 Debt ratio 0.61 0.61 Debt to equity 1.59 1.55 Qatar Telecom generated total revenues of QR 33.71 billion in 2012. The sales of the company increase by 6.14% in comparison with the previous year. The firm’s net income in 2012 was QR 5.94 billion. The organization was able to increase its net income by QR 1.3 billion since the previous year. The net margin of the company in 2012 was 13.79%. The net margin is a metric that measures the absolute profitability of the company. It is calculated by dividing net income by total sales.

CRITICAL THINKING QUESTIONS Research Paper Example | Topics and Well Written Essays - 500 words

CRITICAL THINKING QUESTIONS - Research Paper Example It helped in the flow of the populace and provides reinforcement against incursion. The concepts were exported to the New World, as William Penn, the founder of Philadelphia city came up with gridiron plan in outlining the streets and a major portion of land flexible to quick change in land utilization. This resulted in contemporary planning of the cities so as to suit the needs of the inhabitants. After the first war that happens in the world, the country was destroyed resulting in finances channeled to retrofitting the American towns towards the launch of the automobile business. These required finances as the cost of expenses were high. In the year 1920, the country underwent a great depression and the worst hit trade was the building industry. This led to stagnation of buildings across the towns. The recent changing trends play a major role in influencing modern urban designs. The changes sweeping the planning profession have come up with an ideology about urban design as a profession away from the normal concept that entails societal issues and guiding principle. It is important for the contemporary designers to come up with varied knowledgeable designs that suit the urban environment. Public realm proposal is another aspect that should be taken into account when planning the modern cities. Spaces between the constructions should be considered when building houses. The spaces are linked to culture, the people’s behavior, security, accessibility and commerce. Consequently public realm is a vital aspect in urban designs. A high-quality development initiative should consider energy effectiveness and biodiversity. Conservative development preparation forms the basis for environmental policies hence the need for the implementation. Designers should encourage the development of ecological improvement together with the urban design doctrines. The movement advocated for striking cities as it believed that a nice city is conducive for the

Can it be argued that all societies have law Critically discuss Essay

Can it be argued that all societies have law Critically discuss Anthropological arguments on the topic - Essay Example However, as new scholars kept on emerging, these theories were challenged. Today, some argue that contrary to the earlier assertions that all societies conform to each other at some point, not all cultures have law, thus negating the issue of conformity. In light of these debates, this paper seeks to analyse these anthropological arguments in a bid to establish if all societies have laws. Consequently, diverse groups holding different cultural behaviours forming every society, laws are inevitable. One of the reasons the topic of cultural law comes up is because of yet another controversial debate of cultural relativism. In anthropology, cultural relativism asserts that each society holds its own practices and values2. Many, if not all, of these values and practices seldom compare to other societies thus making each society unique. In a bid to ensure that the observation of these values is retained, societies tend to have laws that hold them together. Since cultures are found universally, it therefore, confirms that all societies have a law. Furthermore, cultural relativism tends to be concerned with showing respect to varied cultural laws without setting values. That is to say, one culture could be engaged in a practice that another considers bad yet the latter cannot express its disapproval. It is because of cultural relativism that different societies are able to have own law3. When not interfered with, these societies tend to form a unique setting in the society that consequently sets each other apart. Clearly, with cultures evolving from various stages, it is inevitable to have these laws. Interestingly, other scholars argue that despite the evident variance of social practices by different cultures, all tend to have a particular commonality. This group of individuals’ contest that just like there is a variance in civilization, cultures, too, take various stages4. Sachs echoes the sentiments5. He

Comparing Joseph Conrads Heart of Darkness and Francis Ford Coppolas

Parallels Between Conrad's Heart of Darkness and Coppola's Apocalypse Now      Ã‚   Apocalypse Now is a very vivid and sometimes disturbing film centered on the Vietnam War. Because it was based on Joseph Conrad's novella Heart of Darkness, it is possible to draw some parallels between the two. Both can be interpreted as metaphors for a journey through the inner self, and each has its own singular message to convey. Apocalypse Now very perspicuously depicts the fact that men have hearts of darkness, and it explores the evils of war. At the same time, however, it seemingly glorifies some aspects. The anti-war sequences were often brutal and portrayed destruction as a result of the human condition. The film Apocalypse Now, directed by Francis Ford Coppola, can be interpreted both as pro-war and anti-war in its intent, although the latter is a more valid interpretation.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Apocalypse Now, graphic and disturbing, vividly depicts the true image of war. Coppola and his cinematographer, Vittorio Storaro, presented a series of visually stunning images throughout the film that made it impossible for the viewer not to contemplate the Vietnam War, its purposes, and its shortcomings. These images also lead the audience to an anti-war sentiment. One of the first images that depicts the anti-war disposition was the series of visuals presented during the film's opening sequence, as Captain Willard, the protagonist, is shown in his hotel room in Saigon. A song titled "The End," by The Who, is played as images of helicopters flying overhead and exploding bombs flash across the screen. Willard is first shown lying on the bed and staring at the ceiling fan, which frequently merges with the helicopter blades. Later he is shown, wea... ...ess, 1981. Conrad, Joseph. Heart of Darkness & The Secret Sharer. New York: Penguin Books, 1978. Fortmeyer, Russell. 'Apocalypse' cast filled with rage http://collegian.ksu.edu/issues/v099B/fa/n022/a-e-apocalypse-fortmeyer.html created 1994 (accessed 23 Jan. 2000). Heart of Darkness. Dir. Nicolas Roeg. Turner Network Television (TNT) Pictures, 1994. Heart of Darkness: Theme/Symbol/Allusion/Foreshadow http://164.116.90.3/public/jarvinen/hod.html (accessed 21 Jan. 2000). Nash, Jay Robert, and Stanley Ralph Ross. "Apocalypse Now" The Motion Picture Guide. Chicago: Cinebooks, 1985. Urch, Martin. Apocalypse Now: A film review by Martin Urch http://us.imdb.com/Reviews/30/3030 created 1994 (accessed 29 Jan. 2000). Virtanen, Panu S. Plot summary of 'Apocalypse Now' http://www.geocities.com/Hollywood/9067/plot.html (accessed 16 Jan. 2000).

Response to the Story “Beauty: When the Other Dancer Is the Self”

â€Å"Beauty: When the Other Dancer is the Self† written by Alice Walker, is a gentle and easy to understand story. It is not that the story is a boring and no highlight. When reading the book, it’s like I am hearing my friend’s story. Alice’s emotion changed totally different before and after the â€Å"accident†. Before the accident, she described herself as if she was the most beautiful and intelligent girl in the world. When Alice was only two and a half years old, when her father was chosen which kids to take with him to the fair, she knew that it would definitely be her, because she was the â€Å"prettiest†.When she six years old, she learned by heart the longest Easter speech. In her beautiful dress, Alice rose to give a speech in a â€Å"great wave of love and pride and expectation†. People praised her to be the cutest things and she was proud about that. The way Alice described herself and how other people applauded and admired her show a very confident and sometime a bit of haughty in her. Two years later, Alice was an eight years old tomboy. Like almost other kids, she was trying to follow whatever her older brothers do. But because she is a girl, so instead of getting a gun, she could only play with her bow and arrow.This is the turning point of the story, when the â€Å"accident† happed and completely changed Alice’s life. She was shot in the eye by the BB gun of her brothers. The doctor said that Alice would likely to be blind, not only one but both eyes. She was terrified but what she care the most is not about whether she could see or not. It is her beautiful that she cared about. She scared how people would look at â€Å"the glop of whitish scar† on her eyes. She was no longer the prettiest and the cutest girl. For six years, Alice did not raise her head and stare at anyone.The scare took everything from her: her beauty, her pride and her person from inside. Alice asked her mo ther and sister whether she changed. What does she really mean by the word â€Å"change†? Her beauty or her personality? The answer was â€Å"no† but this was because Alice’s mother and sister did not want to hurt her or because they really thought that she had never changed? What they saw in her is her personality not her appearance. However, Alice at that time was only a little girl. I do not expect she will care or think deeper about things and people around her.The eight years old girl only cared that people would never admire or applauded her again. To the little Alice, beauty was too important. She hated her eyes, she abused it every night and she â€Å"praised for beauty†. Six years later, Alice was lucky enough to find a good doctor and got her glop removed. This event, on more time, change her life or in another word, her attitude toward life. Alice moved from a closed person who only saw the world with black color into a positive and active pers on. She won the boyfriend of her dream, made plenty of friends and got extremely good result in study.The appearance was no longer important to Alice. She talked about her beautiful classmate with a sarcastic voice â€Å"Ironically, the girl who was voted the most beautiful in our class (and was) was later shot twice through the chest by a male companion, using a â€Å"real† gun, while she was pregnant† Nineteen years later since the â€Å"accident†, Alice was no more a little girl; she had a little daughter named Rebecca. Still, deep inside her, the scare that her different eyes would make her little baby felt ashamed and she prepared herself for that.But no, Rebecca did not scare of her mom. Instead, the baby saw a whole world in that eye. She saw her mother eye as the most wonderful thing on earth. This totally pulled Alice out of the past. She was no more afraid of her difference. She understand that the most cherish thing of a person is not the out-side app earance but it is the beautiful personal inside. Again, Alice saw herself as a beautiful, whole and free person. The story ended with a happy ending that Alice finally found herself and gained back her confident.However, I question myself that what if, Alice was never found such a good doctor, and the scare would never be removed. Will she change? Will she realizes that the inner personality is the most important? Apparently from the story that Alice only changed when she got some part of her beauty back. Maybe because at that time she was just a small girl who did not understand much about life and what is the true value of it. If the scar still there, maybe she would change someday when she grew up and maybe she would never change.

Economics Intervention and Externalities Essay example

Production, Consumption, and venture decisions of households, firms and individuals frequently affect others not involved in the actions. At times these indirect effects are minuscule. But when they are large they can become an issue—these are called externalities. Externalities are one of the major reasons governments intervene in the economic sphere. A positive externality is a benefit acquired by a third party due to an economic transaction. Whereas, a negative externality is a cost that is suffered by the third party. External costs lead to market failure. This essay will evaluate a measure imposed by the government in order to combat a negative externality. Since the start of January, Netherlands has increased the legal drinking age†¦show more content†¦Actions like drunkenness in a public place and drink-driving are often defined as criminal by law which regulate drug use. These types of crimes generate social costs, through damage to property and individuals an d also through subsequent costs to the public purse for transport management, policing, justice and corrections. Another cost faced is the pain, suffering and violence experienced by those close to the drinker. Alcohol consumption leads to motor vehicle accidents, damage to the cars and property. The government suffers the cost of law enforcement, prevention and administrating the insurance system (Easton). Drinking alcohol results in a reduced workforce as a consequence of death or premature retirement and absence due to injury or sickness. The most significant sectors that get affected by the consumption of alcohol would be the health system, at every level from prevention to higher tertiary spheres to nursing care later on, the social security or other forms of public income maintenance, traffic management, and also to policing, justice and corrections. There are probable gains from the specific tax imposed on the alcoholic beverages, but these levies do not cover the costs that are incurred from the consumption of alcohol. HOW WILL THE MEASURE HELP It was believed that the legal drinking age in the Netherlands should be raised from 16 to 18 as at the latter age people tend to become more mature and responsible. Strict alcohol control policies will tendShow MoreRelatedCaose Theorem1164 Words   |  5 PagesSUBMISSION QUESTION 7 EXTERNALITIES AND COASE THEOREM (a) Explain what is meant by â€Å"externalities†? (b) Consider an industry whose production process emit a gaseous pollutant into the atmosphere. Use the simple supply and demand model to demonstrate that, in the absence of any regulation, this industry’s production will result in allocative inefficiency in the use of society’s resources. Externalities is cost or benefit from production or consumption of commodity that flow to externalRead MoreA Research on the Positive Externalities of Education892 Words   |  4 Pagesï » ¿The Externalities of Education: Externalities of education can be described as the social and civic benefits from an individuals education that assist other societal members in the current and future generations. The involvement of the government in education is mostly justified through the positive externalities argument. As a result of their wide use, its important to identify and understand these positive externalities from education. While they exist in several forms, these externalities canRead MoreIs Free Trade Passà ©? Essay1172 Words   |  5 Pagesinterest of its nation to improve market outcomes, the antithesis of free trade. Krugman’s article presents two arguments that challenge the assumptions of classical trade optimism and support the case for government intervention. However, the implementation of government intervention in international trade may create excessive obstacles and in the end, free trade may be more practical. Economists generally believe that international trade can improve the standard of living of the trading countriesRead MoreEconomics - Eliminating All Pollution Is Worse Than Bad1536 Words   |  7 PagesECONOMICS ESSAY Topic: â€Å"While pollution is ‘bad’, eliminating all is worse than ‘bad’.† Word Count: 1150 Pollution has only become a global problem, or been recognised as a global problem in the last few years. The question at hand, of eliminating all pollution can be worse than bad, warrants validity as it would severely decrease the standard of living (and many other technological advances that make our life pleasurable) along with the goods and services provided by the polluters. 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Here, will discuss a few of the possibilities the government must choose from and what externalities, wheth er positive or negative, are encountered. Research and Development (RD) is necessary to the creation, development, and commercializationRead MorePositive Vs. Negative Externalities1254 Words   |  6 PagesPositive vs. Negative Externalities An externality exists when a third party who is not directly involved in a transaction (as a buyer or seller of the goods or services) incurs a cost or benefit. In other words, an externality arises when a third party to a transaction experiences side effects (which can be negative or positive to them) due to transactions between buyers and sellers. When the third party benefits from this, it is called a positive externality and when the third party suffersRead MoreExternalities Essay615 Words   |  3 PagesWhat are externalities? Externalities are common in virtually every area of economic activity. 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The standard economic analysis results in achieving most of the economists desires to hold firms responsibleRead MoreReasons For The Government Intervention990 Words   |  4 PagesECON1020 ASSIGNMENT 2 Question 1: Reasons for government intervention Governments only intervene in a market to correct for market failures, their objective to restore efficiency and increase economic well-being of society. Market failure occurs when the market fails to allocate resources efficiently, the buyer seller cannot reach a socially optimal point. Traffic congestion is rivalrous in consumption because there is limited space on the road, however, the road has the ability to be over consumed

The Church of the Savior on Spilled Blood Essay - 913 Words

The Church of the Savior on Spilled Blood is the building is the largest monument of Russian mosaic art. It stands on the shores of the Neva River on the site where on March 1, 1881 Tsar-Liberator Alexander II was mortally wounded by Nikolai Rysakov, a young member of the Narodnaya Volya (Peoples Will) movement. Upon Tsar’s death, Russia suffered a devastating blow to the rapid advancing economical and social foundations and sent Russia back to the days of blood and Dark Age. Russian people not only lost their beloved Tsar but lost their chances of having constitutional monarchy enforced and followed by all of Russia. For the first time in a long time Russia was relatively living in peaceful world and had reforms that were for the†¦show more content†¦Church of the Resurrection is in the purely Russian style built under the project Parland Alfred, who used many compositional techniques and forms of churches in Moscow and Yaroslavl XVII century. Jeremy Howard describes in his book St. Petersburg, he describes Church of the Savior on page 166 as Treat the church like a piece of jewelry; let it speak to you through whatever catches your eye. It might be the texture of its stonework (the granite and limestone of the exterior or the marbles, jasper, porphyry, and rhodonite of the interior. There are the intricate shapes of the domes, window castings, steeple, a bell tower, porches, and garbles. Also, the visitor sees the 20 gilt plaques listing the deeds of Alexander II on the base outside along with the 144 mosaic coats of armor of the Russian Empires region, provinces, and towns that sounds the bell tower. Pictorial compositions of mosaics created in the studio of Alexander and Vladimir Frolovs using the original artists Viktor Vasnetsov, Nicholas Bruni, etc. Inside the temple mosaic entirely covers the walls, pillars and arches. The interior is a rich collection of gems used. Over carefully recreated place injured Alexander II set hipped canopy. C athedral attracts numerous decor - scalloped trims, innovative features, filled with mosaic insets, belts, tiles, colored tiles. Of particular interest is the Cathedral of five chaptersShow MoreRelatedWords Are More Powerful Than Visuals. In The Poem â€Å"Dream1916 Words   |  8 Pagescross feel as if they are one. (Stock well 21) The writer speaks of the stains of blood on the cross which spilled from Christ after he was beaten and nailed which the writer illustrates by saying â€Å"I was moistened all over with blood, shed from the man’s side after he had sent up his spirit† (qtd. in Dream of the Rood 34). In the movie, the blood further flowed when they put a crown of thorns on his head. The blood described in the movie not only comes from Jesus hands, but also comes from hisRead More Summary Of The Gospel of Life Essay3210 Words   |  13 Pagesachieves its full significance. Every human person has greatness and inestimable value. The Gospel encompasses God’s love for man, the dignity of the person, and the Gospel of life. Every individual is entrusted to the maternal care of the Church. Thus the Church feels all threats to life. Whatever opposes life poisons human society and is a supreme dishonor to the Creator. The threats to human life are expanding. Crimes against life have taken a more sinister character. Choices against life and moralityRead MoreEssay on Learning Lessons from the Holocaust2226 Words   |  9 Pageswhich the German church taught the population that planted the initial seeds of the Holocaust . Throughout the recorded history of the church it has been the religious zealotry that was taught to various populations that has been the cause of numerous bloody conflicts and acts of inhumane cruelty. 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The Chicago School argued that the economic competition spilled over into social competition, as people sorted themselves by class, race, and ethnicity into â€Å"natural† groupings that clustered together into â€Å"natural areas.† As these â€Å"natural† groups became more numerous, more crowded, and better organized, theyRead MoreMarketing Mistakes and Successes175322 Words   |  702 PagesCanarsie High, a school so poor it didn’t even have a football field. Northern Michigan University offered him a football scholarship, and he was out of Brooklyn at last. But he couldn’t make the team, and resorted to bartending and selling his blood to make ends meet. He majored in communications and public speaking, but didn’t know what to do after graduating in 1975, and wound up working at a nearby ski lodge. Eventually, he got a job with Xerox, in the sales training program. He found sellingRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesOne study had married couples describing their moods when responding to timed cell-phone surveys through the course of the day. As most married readers might suspect, if one member of  the couple was in a negative mood during the workday, that mood spilled over to the spouse at night.118 In other words, if you’ve had a bad day at work, your spouse is likely to have an unpleasant evening. Even though people do emotionally take their work home with them, however, by the next day the effect is usually