Principles of finance Essay Example | Topics and Well Written Essays - 1500 words

Principles of finance - Essay Example In this case, the debtor is the companies in question. In most cases, this is termed as assets granted, particularly by the creditor to the debtor. The debtor agrees to repay the debt with an interest. Some companies use debt as part of their strategy in corporate finance. Before the debt is issued, both parties have to agree on the standard of deferred payment. In most cases, this repayment is in the mode of currency (Blum 2006). However, this repayment can be in the form of goods and services. Payment can be paid in installments or in the whole amount at the end of a loan agreement. A company offers different kinds of debts to customers to finance its operations. There are secured and unsecured debts, depending on whether the creditors have recourse to the assets of the borrower or not. In addition, there are private or public loans depending on the parties involved. One of the main reason why companies tend not to issue as much debt as possible is the fear of becoming bankrupt. If a company issues more debt than its stipulated capital, then the possibility of bankruptcy is usually high. This is especially in unsecured debts, and the borrower happens to forfeit payment. If this happens with a considerable number of borrowers, then the company can be at an extreme risk (DePamphilis 2011). Therefore, these companies offer debts amounting to the given budget. The financial advisors of the company advise the top managers on the considerable amount of debts to issue that would not alter the normal functioning of the company in any way. Secondly, a company may not be in a position to offer as much debt as possible. This is because the company may be undergoing some harsh economic times. Therefore, the company’s initial capital might be limited to offering a given amount of debt. During this period, some companies may not offer any debt at all. Therefore, the amount of debts a company offers is often guided by the economic situations of the company particular ly the capital in place (Forsythyl 2009). In addition, most of the risks involved may deter a company from issuing as many debts as possible. The companies, with the help of their financial advisers, look into all the risks in all the risks involved before issuing the debts. These risks may be as a result of economic downtowns, variability in the interest rates experienced and changes in the conditions of the market. Some companies tend to take the risks but obviously at a minimum (Prattie 2011). Fewer companies are willing to take many risks, therefore, tending to issue a limited amount of debts as possible. Moreover, some of these companies tend to put in place a lot of terms and conditions required before one gains access to these loans. Therefore, some debtors tend to bark out of the lending process due to all these requirements. Some of the requirement of a company before issuance of debts is collateral mostly in the form of assets. The debtor may not possess the required colla teral and, therefore, may not be legible to qualify for a debt from a certain company in question. In addition, the interest rates required by the company may be too high for the debtor not forgetting the question of having to follow the covenant made in the process. More to this is that this debt has to be repaid. Therefore, the investor or debtor in question has to have a stable cash flow to be in a position to repay in the stipulated time (Black 2010). Therefore, the appetite in making investment decisions is reduced. As a result, fewer debtors would be in a position to take the risk because a few of them have a stable cash flow. They may, therefore, fear the consequences that follow a forfeited debt payment therefore reducing the amount

Wilfred Owen and his Pity of War :: Wilfred Owen Poems Poetry War Literature Essays

Through His Poetry Wilfred Owen Wished to Convey, to the General Public, the Pity of War. In a Detailed Examination of these Poems, With Reference to Others, Show the Different ways in which He achieved this. Wilfred Owen fought in the war as an officer in the Battle of the Somme. He entered the war in January of 1917. However he was hospitalised for war neurosis and was sent for rehabilitation at Craiglockhart War Hospital in Edinburgh that May. At Craiglockhart he met Siegfried Sassoon, a poet and novelist whose grim antiwar works were in harmony with Wilfred Owen's concerns. It was at Craiglockhart where Wilfred Owen produced the best work of his short career under the tutelage of Siegfried Sassoon. Siegfried Sassoon had recently made a public declaration against the continuation of the war by throwing his Military Cross medal for bravery into the River Mersey in Liverpool. Wilfred Owen's earlier work ignored the subject of war but Siegfried Sassoon urged him to write on the war. Wilfred Owen wrote his poems while at Craiglockhart as a cathartic experience to help him to forget his experiences in France. He also wrote his poems as an attempt to stop the war and to make people realise how horrific it was. In a thorough examination of the poems "Anthem for Doomed Youth", "Dulce et Decorum Est" and "Disabled" and also with some reference to other works by Owen, it can be seen that he uses different poetical features, styles and methods. Wilfred Owen addresses his readers from different stances right up to him addressing the reader personally. This method is very effective in evoking feelings from great anger and bitterness to terrible sadness and even sarcasm, making the reader sometimes even feel guilty. Whichever way he chooses to portray the pity of the war the end result is always the same. "Dulce Et Decorum Est" is a direct attack at the people in Britain who had been taken in by the propaganda drive by telling them the truth of what life is really like at the front and in what conditions their sons, fathers, brothers etc. are in. "Dulce Et Decorum Est" consists of four unequal stanzas, the first two in sonnet form, and the last two in a looser structure. The first stanza sets the scene of soldiers limping back from the front. The authorial stance is of Owen telling us of his own personal experiences. The second stanza focuses on one man who could not get his gas mask on in time. This is a recurring nightmare that Owen has, where he sees one man "drown" in the gas and

Representation of Indigenous Cultures Essay

Since the European settlement of Australia, the Indigenous people have been represented in a myriad of ways. The Rabbits (1998), an allegorical picture book by John Marsden (writer) and Shaun Tan (illustrator) and Rabbit Proof Fence (2002), a film directed by Phillip Noyce, are just two examples of this. Techniques such as music, changing camera angles and symbolism are utilised in Rabbit Proof Fence to represent the Aboriginal people as strong-willed and spiritual and in The Rabbits, exaggeration, different colour themes and perspective are used to portray the Aborigines as technologically inferior and overwhelmed against the Europeans. In both texts, the Indigenous people are represented as oppressed by the Europeans. The Rabbit Proof Fence uses techniques such as slow motion close-ups, quick transition camera shots and intense music to show the strong-willed nature of the Aboriginals, which are be used in the scene where the three girls are taken by constable Riggs. Just before constable Riggs, we already hear the music building up the tension with some soft, yet ominous music and as they see the car, there is a slight silence before the intense music slams suddenly to support and symbolise the chaos and confusion of this part of the scene. This brief respite in music and the slow motion close-up shots of the horrified expressions on the faces of all of them emphasises the chaos that was about to happen when constable Riggs chases and captures the girls. Even after the girls were obstructed by the car and constable Riggs was taking the girls one by one, they continued to resist, especially Molly, who screamed and kicked the door shut as Riggs attempted to shove her inside the back seat. The quick transition camera shots that accompany this section of the scene from one character to another, exemplifies the franticness of it. During this scene, we clearly see the considerable amount will of resistance the Aborigines have because of the fact that, although they were powerless against the Europeans, they resisted to the bitter end. On the other hand, in The Rabbits, the Aboriginals (the Numbats) are represented as technologically inferior by the use of techniques such as: colour schemes, exaggeration and vanishing points. Colour schemes in this book are used effectively to emphasise the Indigenous population’s simplicity in life as the Aboriginal colour schemes consist of hues that blend well and warmly with its surroundings so the general overview of the texture of the painting in smooth. However, when analysing the Europeans (the Rabbits’) settlement in panels such as four and five, the colours are very sharp and more suited to the use of creating hard edges, which has been done as seen from the geometric construction of the objects within these two panels. In the tenth panel, the exaggeration of the wheat collectors is used to show the Europeans’ superior knowledge in machinery, in not only size, but also the quantity of objects that are attached like the taps. In the eighth panel, another representation of the Aboriginal’s inferiority in equipment is portrayed in the bottom right hand corner by an absolute domination in manpower and weapons. This is also epitomized by the vanishing point in that particular frame, which basically shows the reader that the army of soldiers is close to infinite. The spirituality of the Aboriginal people towards their land is portrayed in Rabbit Proof Fence by using symbolism, music and camera shifts, when Molly and Daisy on the verge of losing hope in the desert. In this scene, the very slow, lamenting music gives an audio representation of the two girls’ fatigue and hopelessness, using small accents to do so at every step. When the girls do collapse onto the ground, Molly sees an eagle soaring in the sky above them. This eagle, as explained by Molly’s mother in opening scene, was a symbol of protection and safety in Aboriginal culture. The appearance of this eagle in their time of need emphasises how the Aboriginals are truly bonded, psychologically and physically, to their land and culture. In this scene, the camera shifts back and forth between their elders back at Jigalong and the girls in the desert. This constant transition conveys the relationship between the girls (protected by the eagle) and the elders praying in an Aboriginal dialect for the girl’s safety. With these few examples, we can see how the Indigenous people have a special bond with their land through their cultural religion, which, in return, assists them when it is needed. Powerlessness of the Numbats (Aboriginals) against the Rabbits (Europeans) in The Rabbits is shown through the use of words within the mise en scene. Within this picture book, Marsden contributes to the meaning of the story to the readers through very short, but powerful sentences such as: â€Å"Sometimes we had fights/But there were too many rabbits/We lost the fights. † The way these sentences are structured so that it places emphasise the appropriate scenario that is occurring in each panel. With Shaun Tan, he conveys the powerless nature of the Indigenous by placing the Europeans in the foreground and the Aboriginal’s away from the focal point. For example, in panel eleven, the rabbits (Europeans) arjplaced in the foreground of the scene, holding up the words, â€Å"and they stole our children† and the tiny numbats (Aboriginals) are off into the far distance, holding up their hands in a fruitless gesture whilst their children are being taken away from them. This representation of the numbats in the background shows how the Europeans have gained most of the control in their land, causing a massive imbalance in power. The Rabbits and Rabbit Proof Fence provide audiences with different representations of the Indigenous culture by presenting various ideas by using visual and literary techniques to support them with: music, changing camera angles, exaggeration and perspective being a few that were discussed.

ROMANS 96-13 Essay - 4798 Words

THEOLOGICAL CENTRE FOR ASIA ROMANS 9:6-13 AN EXEGETICAL PAPER SUBMITTED TO DR CHUL WOO LEE IN PARTIAL FULFILLMENT OF THE REQUIREMENTS OF BNT524 CONTEMPORARY HERMENEUTICS CONTENTS INTRODUCTIONnbsp;nbsp;nbsp;nbsp;nbsp;1 OVERVIEW OF ROMANS 9-11nbsp;nbsp;nbsp;nbsp;nbsp;1 TRANSLATION OF ROMANS 9:6-13nbsp;nbsp;nbsp;nbsp;nbsp;3 INNER TEXTUREnbsp;nbsp;nbsp;nbsp;nbsp;4 Repetitive Texture and Patternnbsp;nbsp;nbsp;nbsp;nbsp;4 Opening-Middle-Closing Texture and Patternnbsp;nbsp;nbsp;nbsp;nbsp;6 INTERTEXTUREnbsp;nbsp;nbsp;nbsp;nbsp;7 Oral-Scribal Intertexturenbsp;nbsp;nbsp;nbsp;nbsp;7 Social†¦show more content†¦If this section is missing, there would be a hiatus leaving us with unanswered questions and the corresponding perplexity. Chapters 9 to 11 comprise of â€Å"a carefully composed and rounded unit with a clear beginning (9:1-5) and end (11:33-36).† Paul begins on a personal note, expressing his concern for his own people. He is fraught over their condition. Next, he gives a positive assertion: â€Å"it is not as though the word of God has failed† (9:6). This states a possible implication from what Paul had written in verses 1-5. Paul, who has written so stridently on the justification of sinners, now turns to write on the justification (vindication) of God himself (cf. 3:3, 4). He reminds them that the God is free and sovereign in what he does. In chapter 10, he turns the discussion to the Jews’ mistake in trying to establish their own righteousness before God in terms of meritorious obedience to the law instead of responding to the gospel of Christ by faith. God had not set Israel aside arbitrarily. In chapter 11, Paul writes about Israel’s rejection being not complete, for there was a believing remnant and a mass conversion of Israel will occur. In addition, during this temporary rejection, God continues his work of grace by saving many Gentiles. The figure of the olive tree emphasizes that Gentile salvation is dependent on Israel’s covenant relationship to God. Gentiles have to be grafted into the olive treeShow MoreRelatedI Peter 3 : 181062 Words   |  5 Pagesour hearts, then the Spirit would also go to hell. He is our earnest and we are kept by Him, giving eternal security. Not only does the Holy Spirit indwell the believer, but He fills the believer (Luke 1:15,41,67; (Acts 2:4,33,38; 4:8,31; 6:3,5; 7:55; 9:17; Ephesians 4:3,4,23,30). In the Old Testament, He came upon folks and also left folks, but He is here to stay in those He fills. The Holy Spirit is a person, just as real as God and in fact is the Spirit of God that indwells the believerRead MoreFinal Exam on Soteriology830 Words   |  4 Pagesobjectively effective. Include scripture from Hebrews, Leviticus, and Romans 3. If the blood of bulls and goats does not really pay for sin, as the writer of Hebrews (10:1, 4) tells us, what effect did these sacrifices really have? Leviticus promises forgiveness (1:4, 4:20, 26, 5:10, 16, etec). What does that mean? It had to do with the heart attitude of the person giving the sacrifice. 3. Be able to show how Romans 9:13-16 and 11:2 indicate that God’s foreknowledge is not mere knowledgeRead MorePerhaps One Plans To Someday Come To God For Salvation,741 Words   |  3 Pagesis nothing that they can do. In fact, they are over two thousand years too late. God has exalted Christ â€Å"and given him a name which is above every name:† Philippians 2:9. Christ willingly went to the cross, paid in full the price to redeem sinful man, was buried, raised by God from the grave by His Holy Spirit (Romans 8:11), and exalted Him with His right hand. He sits at the right hand of God in the highest Heaven, ruling with God, exalted to be a Prince, to be a sovereign ruler with GodRead MoreThe As A State Of Being Essay1180 Words   |  5 Pagesthe context of Romans 8:1-17. The first category is a state of being. There are many passages that use the word flesh in this way including: Romans 7:5, 8:3, 9:8, 13:14; and Galatians 2:16, 3:3, 5:13. Romans 9:8 states it best in saying, â€Å"That is, it is not the children of the flesh who are children of God, but the children of the promise are regarded as descendants.† (NASB. It depends on what you are a child of, the flesh or God. Being a child of flesh is a state of being. Romans 13:14 also depictsRead MoreObservation Question Implication Of The Bible845 Words   |  4 PagesObservation Question Implication 1. Romans 1:16 â€Å"For I am not ashamed of the gospel, for it is the power of God for salvation to everyone who believes, to the Jew first and also to the Greek (all Gentiles).† 1. Why is this important and who was it being pointed at? 1. What was being said is that the savior has come. This was risky especially in this time. Finally, this also means that Jesus is God. The others are following false prophets. 2. Romans 1:16 â€Å"For I am not ashamed of the gospelRead MoreThe Declaration Of The Requirements For The Completion Of Essay1509 Words   |  7 PagesIntroduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.1 Literal View†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦....3 Future for Israel†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...5 Significance†¦.................................................................................................................6 Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦.7 Bibliography†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦....8 ii Introduction The Abrahamic Covenant was established in Genesis 12:2-3, this is the first time God spoke to Abraham and instituted thisRead MoreGovernment Differences In The Government Of Rome And Rome736 Words   |  3 Pagestheir style of governance as well. In the following short paragraphs, Rome and Carthage’s government differences will be discussed. First, the Roman government shared some similarities to the Carthaginian government, however, there were also many differences. The Roman government, on a very basic level was different then the Carthaginian government. The Romans had a temporary dictator that could be called on if needed when there was a crisis in terms of warfare. This dictator could only be active forRead MoreCapital Punish Relating to The Old Testament Essay1430 Words   |  6 Pagesin which God orders the use of capital punishment, with the acts of God Himself. God was somehow involved directly or maybe indirectly, in the taking of life as a punishment for Israel or whomever threatened or harm the city of Israel. In Genesis 6-8, when it speaks about Noah and the flood . Understand that I am bringing a deluge flood waters on the earth to destroy all flesh under heaven with the breath of life in it; Everything on earth will die (Genesis 7:17). God killed all humans and animalsRead MoreRomans And The Christian Worldview1546 Words   |  7 Pages Romans and the Christian Worldview Todd M. Lynch L25710767 BIBL 425 D01 08/15/2015 â€Æ' Romans and the Christian Worldview Introduction Paul’s letter to the Roman’s was an occasional epistle as opposed to a systematic theology. However, Paul did present the Gospel in a systematic way. He was writing to an unknown audience of Christian’s, so he made sure to explain himself thoroughly in all areas, more so than if he was writing to those who knew him or had heard him speak before. He wanted to giveRead MoreThe Bible Study872 Words   |  4 PagesRomans Chapter twelve 1. As a new lieutenant in the Bridgewater Corps, I have discovered the absence of a weekly bible study. My first order of distinction is to add Bible study to my weekly calendar, because without the studying of the word, there is no growth. It is also important for Christian to study the word of God regularly and fellowship together. 2. The importance of the Bible is for us to study God’s word daily and be accountable for each other. This Bible will bring to their