Joe’s Fly-By-Night Oil Company Essay Example for Free

Joe’s Fly-By-Night Oil Company Essay †¢ Prepare a ratio analysis for the fiscal year ended Dec 31, 2012. Organize your analysis per the following outline: (1) Liquidity Current ratio: 25,000/17,000=1.47% Quick ratio: 25,000-17,000/17,000=25,000 Comments on liquidity- The results cant really determine how well or bad the company is doing until you compare it to another company. This ratio helps show the ability to pay off short term obligations as they are due. (2) Asset management Total Asset turnover: 10,000/40,000=.25 Average collection period (ACP): 10,000/365=27 3,000/27=111 days Comments on asset management- Each $1 of asset is producing . 25 in sales. Using assest utilization shows why one firm turns over assests more rapied than another. Average collection period states that it’s taking the customer around 111days to pay off their bills. This indicates how long sales stay on companys books. (3) Debt management Debt ratio: 20,000/40,000=50% Times interest earned: 3,000/200=15 times Comments on debt management- Times interest earned shows the number of times that income before interest and taxes covers the interest obligation . The higher the ration the stronger the interest paying ability of the firm . (4) Profitability Net profit margin:1800/10,000= 18% -Return on Assets (ROA): 1800/40,000= 4.5% -Return on Equity (ROE): 1800/20,000= 9.0% Extended Du Pont equation: .25x.18-0.045(4.5%) Comments on profitability to include your comments on the sources of ROE revealed by the Du Pont equation These types of ratios indicate if the firm is making any money, and how much in relation to whats invested. They also give you an indication of how the firm is doing in controlling its costs. Net profit margin sales minus all expenses, including interest and taxes . So the net profit margin ratio measures the proportion of each sale dollar that remains after all expenses are paid for . Joes is at 18% . The ROA should be compared to past years ROA to determine wheather it is good or bad. The ROE is the bottome line which can be compared to other investments and see where they are. It evaluates the return the firm produces. The Du Point equation allows you to understand the source of return but it need to be compared to a similar industry to see truly where the company is. (5) Market value ratios PE ratio: Market price of company stock /earnings per share of stock 50.00/1.80=27.7 Market to book ratio: Share price of stock/book value per share To get the book value per share you take total equity /common shares outstanding 20,000/1,000=20 then you take share price /book value per share 1.80/20=.09 Comments on the market value ratios The M/B ratio gives you an indication of the value of a firm’s intangible non-listed assests. These numbers help you get an idea what it will cost you to get $1 of the firms assets. Stock’s market price represents how much investors are willing to pay today for that claim. I the M/B ratio is higher than 1.0 therefore , you can say that the value of the equity claim has gone up. If you look at the M/B ratio for Joe’s the equity claim has gone up since its at 27.2. For the purposes of this exercise, assume the following data for Joe’s Fly-By-Night Oil: Stock price on Dec 31, 2012†¦$50.00 Number of common shares outstanding on Dec 31, 20121,000

Critical Analysis of Harper Lees To Kill a Mockingbird Essay -- To Kil

Critical Analysis of Harper Lee's To Kill a Mockingbird I will present a critical analysis on the film 'To kill a Mockingbird' which is based on the award winning novel by Harper Lee. To kill a Mockingbird is a film where a courageous, warm hearted and distinguished lawyer takes a case on board to defend a black mans human rights. His compassionate defence against the civil liberties of an exceedingly marginalised black man, Tom Robinson and their human rights and individual liberties in general, cost's him friendships and the town's respect. On the other hand, he earns the love and admiration of his two children; they in particular need that awe as they have lost a mother. Even though the case had such a foregone conclusion, Academy award winning actor Gregory Peck stepped forward to defend Tom Robinson because of his passion towards the human rights and marginalising of coloured citizens. The film was set in a deprived southern town during the great depression, where so many innocent, underprivileged coloured men were wrongly accused and lynched to sinister deaths. There were many things that would have influenced Harper Lee to write the book 'To kill a mockingbird', however; there are a couple of essential factors that I think would have influenced him greatly. Firstly, the book was written during the period of the great depression, where paranoia swept the land and marginalisation was a common site. Many people like Harper lee would have mourned at the frequent sites of discrimination of the poor, religion, blacks and even the rich. However, the constant marginalisation of blacks would have driven some people crazy. T... ...oesn't get along with some of the characters in the film and loves to show her immense movements by fighting, which she does in several cases. I think the film was excellent. It was played by realistic characters and had a very sad, but truthful plot, which went together perfectly. It was a naturalistic plot with naturalistic acting styles and the actors played their parts with clarity. They made the whole film more believable and I enjoyed it. It also sent out lots of messages to the audience. For instance, we shouldn't repress and marginalise people because of appearances. We shouldn't judge anybody or anything by appearances; it's what inside what really counts. In conclusion, I think the acting styles went along with the naturalistic performance excellently and they deserve credit for it, I applaud their efforts.

Auteur Theory : Darren Aronofsky Essay

Translated from the French, auteur simply means â€Å"author†. There have been varied perceptions regarding this theory, its importance and effectiveness. Auteur theory is essentially â€Å"a method of evaluating films based on the director’s involvement and input†. The concept of ‘Auteur’ was first introduced by Francois Truffaut in 1954 in A Certain Tendency in French Cinema. (1) In this work he claimed that film is a great medium for expressing the personal ideas of the director. He suggested that this meant that the director should therefore be regarded as an auteur. According to him, there are three forms in which a director may be regarded as an Auteur. He agreed with Andre Basin’s idea that the film must be the direct expression of the director’s vision. The second aspect was that the director must be skilled with the camera. He believed the director is to camera as the writer is to pen. Lastly he believed for a director to be considered as an Auteur, he must leave behind a distinctive signature (based on Alexander Astruc’s idea), visually or as an idea in the film. (2) Years later, this concept was reintroduced by Andrew Sarris in 1962, in a publication titled â€Å"Notes on Auteur theory† (3). Accordingly, for a director to be considered as an auteur, the director must be well versed with the technical aspects of the film. The director must have a distinct style or a signature that distinguishes his films from the others. The movies must have a theme, an inner meaning. The auteur theory has been receiving widespread criticism since the 60’s. It was argued that one person cannot control all aspects of the film. A film is a conglomeration of the efforts of lots of people. Despite this it is found to be very useful as the starting point of interpretation of some films. Auteur Theory suggests that the best films will bear their maker’s ‘signature’, which may manifest itself as the stamp of his or her individual personality or perhaps even focus on recurring themes within the body of work. (4) Keeping the concepts of the theory in mind, one can safely conclude that if the three criteria have been satisfied, the director may be considered the auteur of the film, these criteria being recurrent style, theme and visuals. Moving on to the discussion of the topic at hand, can the director of Black Swan, Darren Aronofsky be considered as an auteur? Black Swan is his fifth film as a director. All of his films share a similar theme. They all deal with an addiction in some form, the protagonist is always the one addicted. The movie shows the protagonist realizing his/her addiction, and there by degrading their personal life. ‘Black Swan’ and ‘The Wrestler’, share a single minded professionalism in the pursuit of a career, leading to the destruction of personal lives. (5) Aronofsky has had a lot of inspiration from different films, art forms and in general, all his films have an inherent trace of impending psychosis. However through the course of his five films one would see his stories delve more and more into the human psyche. With Requiem for a dream, it began as a drug addiction, a hallucination induced by drugs. In The Wrestler, he simply shows persistence, a plain disregard for anything but wrestling. Though this does not show psychosis, it clearly lights up the explosive nature of his pursuit. In some ways, this may be seen as a form of addiction too. In Black Swan, the main character is portrayed as one with OCD (Obsessive Compulsive Disorder). As the movie progresses, the psychosis of the protagonist progresses further, she begins to hallucinate and she draws parallels between her life and the ballad she is performing (the swan lake ballad). As a director, there are a lot of similarities in his films. There is always a sense of accomplishment accompanied by sense of impending doom, a tragedy as the price for the success seen earlier. One of the characters (usually the protagonist) always dies or suffers some sort of major personal tragedy. He is also greatly influenced by Stanley Kubrick, David Lynch, Roman Polanski, Satoshi Kon, Shinya Tsukamoto, Alfred Hitchcock, Spike Lee, Federico Fellini, and Jim Jarmusch. The Wrestler and Black Swan share a great resemblance to Satoshi Kon’s Perfect Blue. Though the similarities were acknowledged, Aronofsky denied it being an inspiration. (7) Perfect Blue ( Pafekuto Buru? ) is a 1997 Japanese animated psychological thriller film directed by Satoshi Kon and written by Kon and Sadayuki Murai based on the novel of the same name by Yoshikazu Takeuchi. (8) Mima Kirigoe (the protagonist) who is a member of a Japanese pop-idol group called â€Å"CHAM! † decides to pursue her career as an actress. Some of her fans are displeased with her sudden career change, particularly a stalker named Me-Mania. As her new career proceeds, Mima’s world becomes increasingly noir. Reality and fantasy spiral out of control. Shortly after leaving CHAM! , Mima receives an anonymous fax calling her a traitor. Mima finds a website called â€Å"Mima’s Room† that has public diary discussing her life in great detail. She confides in her manager Rumi Hidaka, a former pop star herself, about the site, however, she is advised to just ignore it. Othe set of Double Bind, Mima succeeds in getting a larger part. The producers have agreed to give her a leading role, however as a rape victim in a strip club. Despite Rumi’s warning that it would ruin her reputation, Mima accepts the part voluntarily. Though it is apparent that Mima is indecisive, the atmosphere of the scene traumatizes her so that she increasingly becomes unable to separate reality from fantasy. She can no longer distinguish her real life from her work. She becomes paranoid. Consequently people who had been involved in tarnishing Mima’s reputation are murdered and Mima finds evidence which makes her appear as the prime suspect. Her increasing mental instability makes her doubt her own innocence. It turns out that the diarist of â€Å"Mima’s Room† is delusional and very manipulative, and that an intense folie a deux has been in play. The faux diarist (and murderer) believes that she is Mima who is forever young and graceful, has made a scapegoat of stalker Me-Mania. Mima knocks Me-Mania unconscious with a hammer when he attempts to rape her, and runs to her only support she has left alive, her manager Rumi. When Mima encounters Rumi, however, her manager is wearing a replica of Mima’s CHAM! Costume and crazily singing Mima’s pop songs. Rumi is in fact the false diarist, who believes she is the â€Å"real Mima†. Rumi is angry that Mima has been ruining the â€Å"real Mima’s† reputation, and decides to save â€Å"Mima’s† pristine pop idol image through the same means she has been using all along: murder. Mima manages to incapacitate Rumi after a chase through the city despite being wounded. Rumi remains permanently delusional and institutionalized. Mima has grown from her experiences and has moved on with her life with new found independence and confidence. One finds a striking similarity between the two storylines, if one were to imagine Mima as the White Swan – the pure innocent Nina Sayers, and Rumi as the Black Swan – the violent, sensual and dangerous psychosis of Nina. There are too many similarities between the storylines. In both cases, during the fight between the two characters (For the sake of this argument, let us assume the black swan and white swan as separate. ) The antihero of the story attacks the protagonist. In both cases the protagonist is wounded in the abdomen (almost in the same area – around the liver). In both cases, the protagonist continues their bidding after being wounded. Nina finishes the dance while Mima goes around the city in a chase. In both cases, the protagonist is affected by the job, and they receive threatening messages. Nina sees Whore while Mima receives the fax calling her a traitor. If one were to delve deeper, one even sees the similarity in the naming of characters (however this argument is based sole on conjuncture and lacks credibility. ) Despite this there is an immense similarity between the story line and the character sketches. Due to the overbearing nature of the similarity I find it hard to accept that Black Swan is not influenced by Perfect Blue. The inspiration may not have been intentional; however, the similarity is too much to be dismissed as coincidence. In this light such an undeniable similarity between the two films disqualifies Darren Aronofsky from being an auteur. Black Swan also draws heavily on what is called the Doppelganger effect and the split personality. These woven into a maze of mirror motif is the central theme throughout the film. This is a strategy which is well-known in classical Hollywood cinema such as precisely ‘The Red Shoes’. 10) This being said this film has Aronofsky’s stamp all over it. There is a great similarity between the characters ‘The Ram’ and ‘Nina Sayers’. In his own words†¦ â€Å"They are both artists who use their body Age threatens them Physical injury threatens them They only have their hands to express themselves. †(9) In all of his films, the sets have a sense of belonging. The props used are bare minimum. Only those strictly necessary are used. His set design is simple precise yet he somehow manages to bring a sense of belonging, a nativity to his sets. For example in the Black Swan recital, the set was simple, yet it somehow added to the elegance and grandeur bringing with it a certain ethereal quality with it. Another notable trait in his films is his music. Black Swan marks the fifth consecutive collaboration between Aronofsky and Clint Mansell. In all his films, music is exploited as a medium to dramatize the situation. The editing is also pertinent to the music. This relationship between the editing and BG score is most successfully exploited in Requiem for a Dream which gained acclaim for its hip-hop style editing. His attention to detail is yet another endearing stamp. For example, in the opening scene of Black Swan, the change in the tutu indicating the change in emotion is subtle almost not noticeable, yet one feels the emotion without really seeing it. The small stiff (classical pancake) tutu, for the innocent cheery bit, the long flowing (romantic) tutu for poised elegance and a graceful waltz, and, the shorter (platter) tutu, for the transition into Black Swan. Also if one were to notice keenly, one would see that almost every scene of Nina alone in the film will also include a mirror reflecting Nina in some angle. Aronofsky has made great use of this to exploit the two mindedness of Nina’s psychosis. In all respects of style, editing and mise-ene-scene Aronofsky has distinctly made his mark on all five films. In an interview, Aronofsky, says he was deeply influenced by the roller coaster Cyclone, and that he has adopted that intense structure, which keeps the audience on the edge, in his films. He aims to thrill the audience and amuse them with his films. (9) This, he certainly has achieved in his films.

Roosevelts Socialist Plans Essay - 1732 Words

The year of 1929 was the beginning year of a depression that changed America forever. The fall of the New York Stock Exchanged in October of 1929 is what signified the beginning of the economic disaster known as, the Great Depression. During the Great Depression many banks failed, unemployment rates rose, and people lost faith in the economy. (About the Great Depression) A combination of all those things led to the downward spiral of the American economy. During this time people needed someone to look up to for change and guidance, that person was Franklin D. Roosevelt. Roosevelt was elected president in 1932. Once he was elected he came up with the New Deal programs. These programs were a series of government funded projects that†¦show more content†¦Passing all of these programs gave the national government a tremendous amount of power and scared many Americans. At first the Supreme Court agreed with the scared Americans and ruled that certain parts of New Deal programs regulated the economy too much. This frustrated both FDR and Congress so much that they came up with the idea to enlarge the Supreme Court’s number from nine to fifteen so that FDR could get the liberal votes that would pass New Deal programs. This suggestion, known as the â€Å"Court-packing plan†, angered many people because FDR was trying to manipulate the government. The â€Å"Court-packing plan† never was passed. However, the Court eventually gave in to some of the New Deal programs and passed them. (O’Connor 106). Passing all these programs drastically changed the federal government. A federal system of government is â€Å"where the national government and state government share power, derive all authority from the people, and the powers of the government are specified in a Constitution.† (O’Connor 107) Since Congress passed all of these programs the states lost power and the government partially lost its federal system mentality and gained a socialist mentality. Socialism is â€Å"a theory or system of social organization that advocates the vesting of the ownership and control of means of production and distribution, of capital, land, ect., in the community as a whole.† (Socialism) That is exactly what Roosevelt was leading towards. His plans to regulateShow MoreRelatedFranklin D. Roosevelt vs. Barack Obama755 Words   |  4 Pagesare still in effect today. To avoid our current recession, will Barack Obama choose to base his policies off of FDR’s in hopes that the same plan will work twice? There are some similarities and differences between the political action today and the action during the Great Depression. Within just the first 99 days of his election as President, Roosevelt’s New Deal was put into action with the support of Congress. The New Deal was proposed to help relieve those who were unemployed or in dangerRead More Franklin Roosevelts New Deal Essay examples897 Words   |  4 PagesIt was called relief. Franklin Roosevelts New Deal provided relief to millions of Americans who had lost their homes, their jobs, and their hope. Many others felt that the radical new policies of FDR threatened the sanctity of the Constitution and free enterprise. Roosevelts New Deal policies had many critics but among the most vocal were groups like the American Liberty League and powerful Socialists who argued that the New Deal policies either went too far or not far enough in solving theRead MoreEssay on 2003 Dbq862 Words   |  4 Pagesresponses of Franklin D. 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Roosevelt and the U.S. CongressRead MoreFranklin Delano s New Deal Radical1405 Words   |  6 PagesWas Franklin Delano Roosevelt’s New Deal Radical? The end of the first world war brought about a recession and then nearly a decade of prosperity in the United States. However, on October 29th, 1929, during Herbert Hoover’s presidency, the stock market crashed due to a multitude of problems within the country. At this point, thousands of people that had prospered before the crash, were homeless, jobless, and in a state of penury. In the 1932 election, Franklin Delano Roosevelt ran against the formerRead MoreThe United States During The Indochina War979 Words   |  4 PagesFrance’s establishment of political control; it also disapproved of Britain’s, in which the United States did not have a good relationship with regarding this subject. After Roosevelt’s passing, this policy and belief of anti-colonization was not the concern of the new president and administration. Since this was Roosevelt’s personal belief, we see this clearly when France is being heavily attacked and invaded by Germany. France asked the United States to aid them and Roosevelt did not officiallyRead MoreNew Deal Under Attack1560 Words   |  7 PagesNew Deal. I’m going to compare document 24-3 with document 24-5. I intend to describe the opponents of the New Deal, and the differences between Herbert Hoover and Huey Long’s plans. The first document is about Huey Long’s beliefs and his redistribution of wealth plan. He expresses his sheer disappointment over Roosevelt’s New Deal program and regrets supporting him in the election. The second document is about the conservative criticisms of the New Deal. Herbert Hoover’s anti-New Deal campaign speech