Cango Week 3 Financial Analysis - 803 Words

Following up with our initial analysis last week, NewGen had the opportunity to review CanGo’s financial statement. The success of a business depends on its ability to remain profitable over the long term, while being able to pay all its financial obligations and earning above average returns. NewGen leveraged our knowledge of Investment rations, breaking our analysis down into four (4) key areas, efficiency, financial leverage, liquidity and profitability. Attached you will find our financial analysis summary matrix. 1. Efficiency Ratio We began with a look at your efficiency ratio, concentrating on your receivables turn over for the past year. This reflects the time between your sale and actual collection. If a company s Turnover†¦show more content†¦b. Your Quick Ratio fell below a 1 to .95. As a common rule of thumb, a quick ratio of greater than 1.0 means a company is sufficiently able to meet their short-term liabilities. With CanGo’s falling below this threshold, could be indicative that your over-leveraged, struggling to maintain or grow sales, paying bills too quickly, or collecting receivables too slowly. This ties into our comments above on yor efficiency ratio (Investigatinganswers, 2012). c. Working Capital for the past year reflected a negative balance almost 8.5m that will seriously impact on banking institutions percentage against planned activities. 4. Profitability NewGen’s final analysis was on CanGo’s profitability looking at your Return on Assets and Sales. CanGo’s return on assets reflected a .023 indicative that your more asset-intensive and must reinvest more money to continue generating earnings (About.com, 2012). Similarly, CanGo’s Return on Sales (ROS) was .17 (Investopedia, 2012). References About.com. Return on Assets (ROA). Retrieved 15 March 2012 from http://beginnersinvest.about.com/od/incomestatementanalysis/a/return-on-assets-roa-income-statement.htm Accounting explained. Accounts Receivable Turnover Ration. Retrieved 15 March 2012 from http://accountingexplained.com/financial/ratios/receivables-turnover Accounting Explained. Inventory Turnover Ratio. Retrieved 15 March 2012 from http://accountingexplained.com/financial/ratios/inventory-turnoverShow MoreRelatedBusn 460 Entire Course Guide Week 1 – 81110 Words   |  5 PagesCourse Guide Week 1 – 8 Purchase here http://chosecourses.com/BUSN%20460/busn-460-entire-course-guide-week-1-8 Product Description (BUSN 460 Senior Project - DeVry) BUSN 460 Week 1 Team Contract BUSN 460 Week 1 DQ 1 Selling your teams services to CanGo BUSN 460 Week 1 DQ 2 Mission, Vision Values BUSN 460 Week 2 Team Video Analysis Report Week 1-2 BUSN 460 Week 2 DQ 1 Planning a Technological Solution BUSN 460 Week 2 DQ 2 CostBenefit Analysis BUSN 460 Week 3 IndividualRead MoreEssay on Week 3 4 Video Analysis814 Words   |  4 PagesIntroduction Strategic staffing is important for any company. 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Our team came up with certain issues being faced by your company, which we assume, ifRead MoreCango Week 2 Analysis Report Essay2763 Words   |  12 PagesCanGo Week Two Analysis Report DeVry University Bus460 Senior Project Instructor David Mozinski Introduction The Grad Consultants have spent the last two weeks observing CanGo and their business practices to help them determine the weaknesses within their organization. We will use our knowledge and experience to provide suggestions for improvement that will have a positive impact not only on CanGo’s bottom line but also on the morale of all thoseRead MoreCango3111 Words   |  13 PagesCanGo Analysis Final Report Sherry Youngs, Alheri Gajere, Oksana Harbar, Hope Muhammad and Binish Maroof Be Bold Consulting Table of Contents Executive Summary 2 Analysis 2 SWOT Analysis (Oksana Harbar) 2 Market Analysis (Alheri Gajere) 5 Competitive Analysis (Binish Maroof) 7 Financial Analysis (Sherry Youngs) 8 Strategic Recommendations 9 Conclusion 9 Works Cited 10 Appendix 11 Be Bold Consulting has been invited to provide CanGo with solutions and recommendationsRead MoreEssay on Cango: Strategic Management and Online Gaming761 Words   |  4 PagesSenior Project For the week 2 Team report you are to list 6 issues facing CanGo that you gleaned from the week 1 and 2 videos. They should be prioritized in order of importance. They should be numbered. 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Recommendation: Liz should think back about theRead MorePinnacle Week 6 Video Analysis Report1324 Words   |  6 PagesVideo Analysis Report – Week 6 | BUSN460: Senior Project | | After reviewing weeks 5 and 6 video episodes, we the business consultants have found that CanGo still has some issues that must be corrected in order to operate and function effectively. We have carefully evaluated CanGo’s issues and will be introducing them as well as providing recommendations to make corrections to help improve the company’s problem areas. The first issue was the employee evaluations; very vague. Another that weRead MoreBUSN 460 Senior Project Week 2 CANGO Video Analysis Set 2 Answer1566 Words   |  7 Pagesï » ¿Week 2 Video Analysis BUSN460, Senior Project, DeVry University Online WEEK 2 VIDEO ANALYSIS 2 Table of Contents of 6 issues facing CanGo: Issue 1: Absence of planning for the startup business †¦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 Issue 2: Missing strategic planning for the future of the company †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 4 Issue 3: Failure to utilize team strategic planning †¦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 Issue 4: Lack of direction and good communication practices †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 6 Issue 5: Deficiency in communication and organizational/prioritizationRead MoreSenior Project Presentation2643 Words   |  11 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‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3 SWOT Analysis†¦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‚¬ ¦Ã¢â‚¬ ¦3-5 Developing a HR Function†¦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‚¬ ¦...5-6 Financial Implications†¦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‚¬ ¦.†¦.. (6-8) Buying vs. Building†¦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‚¬ ¦...6-7 Offering and IPO†¦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‚¬ ¦..7-8 Market Analysis†¦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‚¬ ¦... (8-10) Market Growth Rate†¦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 Market Profitability†¦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‚¬ ¦....9-10 Organizational Analysis†¦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‚¬ ¦

The Biggest Myth About An Occurence at Owl Creek Bridge Critical Essay Topics Exposed

The Biggest Myth About An Occurence at Owl Creek Bridge Critical Essay Topics Exposed At the close of the story she tears all of the wallpaper down and frees the woman. Life, to this guy, is just a dream which he holds of his freedom. He closed his eyes in order to repair his last thoughts upon his wife and kids. He is the round character because the entire story revolves around what is going on to this guy. The Fight Against an Occurence at Owl Creek Bridge Critical Essay Topics It is a rather effective and suspense filled story. No matter the case may be Ambrose Bierce produced a story that's captivating at each amount of reading. The story actually reads as though it's written by two authors. This story builds up all the suspense through these 3 points, then in the previous two paragraphs reveals all the hidden secrets. Origins in Bierce's hard experience for a soldier can be readily seen through the entire story. The orderliness of death is just one of the important plot themes. In the story there's a lot more symbolism and irony, like the noose in the story. Though death isn't unexpected for Farquhar, he's ultimately not able to accept it. The Tried and True Method for an Occurence at Owl Creek Bridge Critical Essay Topics in Step by Step Detail Still, every one of them would show up in the overall list. The third person point of view impacts the story in lots of means. Cite details from the story to back up your answer. Write about the part of family within this text. Instead, the text comes out of a third-person narrator, an entity that appears to know everything, but isn't a character in the story. A number of them spoke in words which he couldn't understand. In general, Bierce's use of distinct characters to help develop the major character played a tremendous part in the evolution of the story. Every one of these characters can be categorized as a flat character because they're not dynamic at all, because each one only provides one particular role throughout the entire story. an Occurence at Owl Creek Bridge Critical Essay Topics Fundamentals Explained Ambrose Bierce employs a particular time period as a technique of creating the reader's perception, of not merely the scenario, but of the character of Peyton Farquhar himself. Bierce's portrayal of Farquhar's imagination permits him to escape the truth of his situation, even if it's just for a couple of brief seconds. His senses start to broaden. After reading the majority of the story, we think he is the innocent victim in this scenario. Two, since he doesn't permit the reader into the minds of the characters a feeling of mystery is made. Sooner or later, but the reader learns that happenings of the full plot are just a dream. No individual, if confronted with a situation such as this, would have the ability to think clearly enough to use their senses to escape the scenario. The Battle Over an Occurence at Owl Creek Bridge Critical Essay Topics and How to Win It The principal reason for the war was slavery but many different aspects played a role too. The prisoner did not understand what he was doing. The key to eternal life is something which has mostly eluded us for millennia. Unfortunately, often times the situation isn't guaranteed. Annotation for this story is perfect for advanced students reading it for the very first time. Together with the topics, you'd come across loads of pa pers free of charge. You should be proficient in the topic, have an overall idea about the chosen issue and figure out how to get the best arguments to demonstrate your thesis. Think carefully about the next questions. This paper will request that you think about the ways that point of view shapes our knowledge of the story and the way that it could be constructed. The setting plays an important part as it is dived into three unique sections. While his method is quite sly, upon further investigation it's also quite boastful. It is the very first time now the setting changes. The Battle Over an Occurence at Owl Creek Bridge Critical Essay Topics and How to Win It He wished to do something to slow the development of the federal army through the south. Typically, it takes as much as two hours of time to comb through dozens of sites until you discover something exciting to write about. In addition, the simple fact that both stories feature people that are trapped somewhere an d just need to go home. A theme of which expresses the tragedy in the very last moments leading to the ending point of a person's life.

Importance of Tolerance in a Community Free Essays

â€Å"What is Tolerance? It is the consequence of humanity. We are all formed of frailty and error; let us pardon reciprocally each other’s folly-that is the first law of nature. † (Voltaire, Philosophical Dictionary, pg. We will write a custom essay sample on Importance of Tolerance in a Community or any similar topic only for you Order Now 206) Tolerance is showing respect to others by appreciating others and allowing them to live. Individuals have different religions, opinions, practices and attitudes. Tolerance is about accepting other people’s lifestyle or beliefs without being judgmental. It contributes to a universal peace. Unfortunately, too much suffering is nurtured in this world due to lack of tolerance. Moreover, one should ask if tolerance should have a limit particularly when it goes against moral values. Tolerance contributes in making a society stable. Without it, there would be no progression and no peace. In a society where different religious groups reside, it is essential. Every person is called to respect others’ practices and appreciate their contribution to a multi-racial community. Tolerance brings more justice, more equality and less racism. All people are born free and equal in dignity and rights, and they should not be discriminated against because of their nationality, ethnicity, religion, race, gender, political opinions, wealth or property. † (Universal Declaration of Human Rights, United Nations, 1948). However, there is a high degree of intolerance for example between Israeli Jews and Palestinians. They are killing in the name of identity, statehood and religion. Fo r the economy of a community to flourish, tolerance must play an important role at the workplace. Higher productivity can be achieved if colleagues work together while understanding each other. A modern system of management keeps fighting and bullying away. The employer and the employee respect each other on the basic principle of tolerance. Tolerance at the workplace means respecting the attitude and practices of another person. Co-workers can feel more at ease with each other and concentrate on their work. People may do the same thing in different ways or hold opposing attitudes. Furthermore, employees should be able to accept the policies and laws of the workplace and by being tolerant this can be achieved. Tolerance at workplace therefore reduces frustration and improves happiness. Tolerance should also reside in families. It starts with the wife and the husband who afterwards show it towards the children. The modern family is a refuge from the problems of life. It is based on love and tolerance. Without tolerance in the parent-child relationship, there would be a lack of understanding. Furthermore, intolerance between wife and husband can lead to domestic violence. There would be too much tension in a home if tolerance was not practiced. It is an essential component in relationships. A better atmosphere prevails within bonds when it is present. Parents therefore should be able to teach tolerance to their children, for them to learn to be open to differences. In politics, tolerance plays a major function. Political tolerance is a key principle of democracy. It leads to better governance where genuine democracy prevails. Tolerance fosters democratic values as people have the right to voice their opinion. Criticism can be beneficial as tolerance helps us to accept others views. As a result, the opposition system can freely disapprove a government’s decisions and propose alternatives. Politicians should be able accept and respect the basic rights of persons and groups whose opinion differ from theirs. All citizens, including political leaders, have the responsibility to put political tolerance into practice by words and actions. For an individual to integrate in a community, he or she must be tolerant with himself or herself. He or she must know how to live with others. We cannot expect everyone to think alike. To live in peace and harmony, one must show respect for oneself and for others. One must accept others as they are and tolerance is the key to it. It is a way of life and it contributes to self-happiness and happiness for everyone. In addition, by showing tolerance to other, one gives an example of this virtue to his surroundings. Thus, one should include tolerance as one of his or her basic principle of life. However, as almost everything in life, tolerance has a limit. There are so many evils in society that cannot be encouraged such as drug consumption and trafficking, corruption, favoritism, violence and all sorts of crimes. â€Å"Tolerance ends where harm begins. † Tolerance is meant for the worthy, to fight for human rights and aim for peace; not to encourage injustice and harm. Severe sanctions need to be taken against illegal affairs and unmoral practices. Definitely tolerance has its place in every field of life. It makes relationships smoother, allows freedom of expression and freedom of opinion. For the economy, it contributes to a higher productivity. It can also contribute to one’s happiness. It implies that one should accept differences of opinion and settle disputes peacefully. Countries can achieve peace and harmony through this basic principle of life. Tolerance is a basic principle of life that everyone should have. Nevertheless, we ought not to tolerate unjust practices. How to cite Importance of Tolerance in a Community, Papers

Towards Understanding the History of Psychology through Philosophical Thought

Psychology as a formal discipline has a long history, dating back to the Ancient Greeks. The discipline has a fond relationship with philosophy, and was in fact curved out from mainstream philosophical thoughts that had been expressed by ancient philosophers thousands of years ago.Advertising We will write a custom essay sample on Towards Understanding the History of Psychology through Philosophical Thought specifically for you for only $16.05 $11/page Learn More Many civilizations throughout the course of history have offered speculative ideas about the nature of thought, soul, and spirit, a focal point that is mainly perceived as the precursor to the field and discipline of psychology (Baldwin, 2009). In Ancient Egypt, for example, the Edwin Smith Papyrus holds ancient description of the human brain, including some speculations about its core functions (Mandler, 2007). It is the purpose of this paper to critically evaluate the historical developments o f psychology According to Baldwin (2009), â€Å"†¦a history of psychology is nothing more or less than a history of different ways in which man have looked upon the mind† (p. 1). Thales, Plato, Pythagoras, and Aristotle are ancient Greek philosophers whose philosophical thoughts and orientations greatly assisted and influenced the development of modern psychology (Benjamin, 2006). In the book De Amina, Aristotle vividly wrote philosophical concepts about the psyche and what it really means for the body and spirit to be alive. In the same book, the philosopher discusses critical issues of perception, behavior, intellect, aspiration, and imagination. These issues, though discussed philosophically, came to form the basis of 19th century psychology. According to Mandler (2007), Aristotle and Plato were indeed the founding fathers of empiricism and psychodynamics respectively. The two concepts continue to influence the field of psychology to date. Scholars, however, have note d that the early development of psychology as a discipline was not well documented as was the case with other disciplines such as philosophy and the sciences (Baldwin, 2009). According to Klemm (2008), â€Å"†¦scattered reflections on psychological questions indeed abound throughout the entire history of science but the continuity of psychological investigation has often being interrupted, while a really fruitful development of psychology belongs to very recent times† (p. 1) .Advertising Looking for essay on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn More This scenario led to the overwhelmingly popular assertion by contemporary psychologist Herman Ebbinghaus that psychology has a very long past that is unfortunately enshrined in a brief history. Some contemporary western philosophers such as Rene Descartes, John Locke, and John Stuart Mill were also instrumental in the formation of psychology as a distinct field of stu dy. Descartes lived during the renaissance era, and can pass as a primary contributor to the formation of psychology mainly due to his works on rationalism, nativism, dualism and mechanistic interactionism (Mandler, 2007). As a philosopher, he argued that truth could only be found from careful use of reason, thereby rebuffing the evidence of the senses. Consequently, the way to know the truth, according to the philosopher, was through the human capability to reason. One implication of his Cartesian rationalism was that the capacity of humans to reason is characteristically inborn, not mentioning the fact that specific types of knowledge do not actually rely on the experience of the senses; rather, such knowledge result from an individual’s native or inborn capacity to reason (Mandler, 2007). Descartes was also instrumental in differentiating between inborn ideas and derived ideas. As already mentioned, innate ideas are derived through the employment of individual reasoning ca pacity while derived ideas are attributed to our experiences in the universe (Mandler, 2007). According to the author, the philosopher’s â€Å"†¦innate versus derived ideas foreshadows one of psychology’s recurring issues, the relationship between nature and nurture† (p. 27). Also, the philosopher can be called a dualist since he advocated for a definite separation between the mind and the body, arguing that the body have the properties of extension and movement while the mind didn’t. He believed the body functioned like a complicated machine and that the mind was capable of influencing the body. His insinuations, though in philosophical science, provided fodder for the development of modern psychological thought in the 19th century. John Locke was a rationalist philosopher who contributed considerable knowledge on human understanding. He trashed the notion of the existence of inborn ideas in humans, and did not completely advocate for nurture influe nces on the nature-nurture issue (Benjamin, 2006). One of Locke’s major contribution in psychological thought is the assertion that human, though endowed with inborn faculties such as the capacity to think, do not entirely derive ideas from reason as notions could originate from many other sources that only requires basic mental faculties.Advertising We will write a custom essay sample on Towards Understanding the History of Psychology through Philosophical Thought specifically for you for only $16.05 $11/page Learn More Locke also entirely rejected the principle that some notions seem to come so early in life, and hence must be inborn. Instead, Locke argued that even before the young children are able to use language successfully, they are already benefiting from the external experiences around them (Baldwin, 2009). His philosophical thoughts contributed immensely to the formation of psychology as a discipline. George Berkeley was yet another em piricist philosopher whose contributions hugely assisted the formation of psychology as a formal discipline. Specifically, Berkeley’s seminal studies on sensory processes have been instrumental in giving the field of psychology a formidable backbone (Baldwin, 2009). The philosopher’s outstanding work on vision was the foremost systematic pointer of how empiricist reasoning could be applied to the broad study of perception. In particular, Berkeley attempted to demonstrate that individual perceptions of distance, geographical locations, and size of objects are decisions that depend completely on experience. Other notable philosophers include David Hume (impressions and ideas), David Hartley (psychophysical parallelism), and John Stuart Mill. The development of the science of psychology has undergone immeasurable changes ever since psychology was finally recognized as a discipline in the 19th century. According to Mandler (2007), religion and philosophy set the firm found ation for the evolution of psychology in the 19th century. Prior to this convergence, various philosophers, including Emanuel Kant, had expressed outright skepticism that the discipline of psychology would never become a true natural science. But this and other assertions were definitely proved wrong by the works of several scholars and psychologists, whose scientific contributions to modern thought gave psychology a solid background. According to Green (2001), â€Å"†¦the origins of the science of psychology are grounded in Wundt’s theory of memory and the recognition of the importance of experimental design, Fechner’s introduction to psychophysics, Ebbinghau’s laboratory for the study of memory, and Gaulton’s introduction to statistics and measurement of mental abilities† (para. 4). It can be safely argued that all the sub-fields of psychology evolved from these fundamental facets of the discipline Reference List Baldwin, J.M. (2009). Histor y of Psychology – a sketch and an interpretation. READ BOOKS. ISBN: 1444683225Advertising Looking for essay on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Benjamin, L.T. (2006). A history of psychology in letters, 2nd Ed. Main Street, Malden, MA: Blackwell Publishing Green, C.D., Shore, M., Teo, T. (2001). The transformation of psychology: influences of 19th-century philosophy, technology, and natural science. American Journal of Psychiatry. Web. Klemm, O. (2008). The history of psychology. BiblioBazaar, LLC. ISBN: 0554813009 Mandler, G. (2007). A history of modern experimental psychology. Cambridge: The MIT Press This essay on Towards Understanding the History of Psychology through Philosophical Thought was written and submitted by user Madison Baxter to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Word Choice Stationary vs. Stationery - Proofeds Writing Tips

Word Choice Stationary vs. Stationery - Proofeds Writing Tips Word Choice: Stationary vs. Stationery What do you call a pencil that can’t move? Stationary stationery! If you didn’t find that hilarious, we assume it must be because you’re not sure about the difference between â€Å"stationary† and â€Å"stationery† (we refuse to accept that our puns are inherently unfunny). Why arent you laughing? Is this thing on?(Photo: flickr/Benjamin Ragheb) More seriously, the terms â€Å"stationary† and â€Å"stationery† are commonly confused due to looking so similar on paper. However, since they also refer to completely different things, you need to use them correctly if you’re writing for college or work. Stationary (Not Moving) â€Å"Stationary† is an adjective meaning â€Å"immobile† or â€Å"not moving.† If you’ve ever been to a spinning class at a gym, for example, you’ll have ridden a â€Å"stationary bicycle.† Spinner 1: Are we nearly there yet?Spinner 2: Just shut up and pedal. It can also be used to describe something that can move, but isn’t currently: The driver collided with a stationary vehicle, but nobody was hurt. Another use of â€Å"stationary† is to describe an unchanging condition or quantity, such as in: A stationary population can enhance social stability. In either case, â€Å"stationary† refers to something that doesn’t move. Stationery (Office Materials) The noun â€Å"stationery† refers to office supplies, particularly paper and other writing equipment: We’re running low on stationery, so I’ve ordered paper and toner. It can also be used as an adjective when describing something related to stationery, such as a â€Å"stationery set† (a set of writing equipment) or a â€Å"stationery store† (a shop that sells stationery). Technically, the coffee doesnt count as stationery, even if most office workers would stop functioning without it. Stationary or Stationery? Since one of these terms is spelled with â€Å"-ar-† and the other with â€Å"-er-,† the key thing is remembering which is which. Luckily, this is made easier by the fact that â€Å"paper† is spelled with an â€Å"-er† at the end, as well as being an important office supply: Paper is a type of stationery. As such, if you’re describing something that, like paper, can be found in an office, the correct term will typically be â€Å"stationery.† Otherwise, the right word will be â€Å"stationary.† Remember: Stationary = Not moving Stationery = Office supplies

Biography of the Wealthy Painter Peter Paul Rubens

Biography of the Wealthy Painter Peter Paul Rubens Peter Paul Rubens was a Flemish Baroque painter, best known for his extravagant European style of painting. He managed to synthesize a number of factors, from the masters of the Renaissance and the early Baroque. He led a charmed life. He was attractive, well-educated, a born courtier and, by dint of talent, had a virtual lock on the portrait market in northern Europe. He was knighted, feted, grew fabulously wealthy from commissions and died before he outlived his talent. Early Life Rubens was born on June 28, 1577, in Siegen, a German province of Westphalia, where his Protestant-leaning lawyer father had relocated the family during the Counter-Reformation. Noting the boys lively intelligence, his father personally saw that young Peter received a classical education. Rubens mother, who may not have shared an affinity for the Reformation, moved her family back to Antwerp (where she owned a modest property) in 1567 after her husbands untimely death. At the age of 13, at a time when the familys remaining resources went to provide his elder sister with a marriage dowry, Rubens was sent to be a page in the home of the Countess of Lalaing. The polished manners he picked up there served him well in the years ahead, but after some (unhappy) months he got his mother to apprentice him to a painter. By 1598, he had joined the painters guild. His Art From 1600 to 1608, Rubens lived in Italy, at the service of the Duke of Mantua. During this time he carefully studied the works of the Renaissance masters. Upon his return to Antwerp, he became the court painter to the Spanish governors of Flanders and subsequently to Charles I of England (who, in fact, knighted Rubens for diplomatic work) and Marie de Medici, Queen of France. The more well-known works he turned out during the next 30 years included The Elevation of the Cross (1610), The Lion Hunt (1617-18), and Rape of the Daughters of Leucippus (1617). His court portraits were in great demand, as he frequently placed their subjects in juxtaposition with gods and goddesses of mythology to better acknowledge the lofty positions of nobility and royalty. He painted religious and hunting themes, as well as landscapes, but is best known for his oft-unclothed figures who seemed to swirl in movement. He loved portraying girls with meat on their bones, and middle-aged women everywhere thank him to this day. Rubens famously said,  My talent is such that no undertaking, however vast in size...has ever surpassed my courage. Rubens, who had more requests for work than time, grew wealthy, amassed a collection of art and owned a mansion in Antwerp and a country estate. In 1630, he married his second wife (the first had died some years before), a 16-year-old girl. They spent a happy decade together before gout brought on heart failure and ended Rubens life on May 30, 1640, in the Spanish Netherlands (modern Belgium). The Flemish Baroque carried on with his successors, most of whom (particularly Anthony van Dyke) he had trained. Important Works The Massacre of the Innocents, 1611The Hippopotamus Hunt, 1616The Rape of the Daughters of Leucippus, 1617Diana and Callisto, 1628The Judgment of Paris, 1639Self Portrait, 1639

Determinants of capital structure Essay Example | Topics and Well Written Essays - 5000 words

Determinants of capital structure - Essay Example es statement of financial position, cash flow statement as well as statement of income of many existing and extinct companies based all over the world. Initially, a great deal of effort was made to define the independent and dependent variable required for the purpose of regression analysis. The regression analysis that has been done in this particular study is based upon gearing measures. Thus, in order to conduct this analysis, alternative definitions of gearing have been explained in the following paragraphs. Non-equity liabilities to total assets: The book value of this gearing ratio is the ratio between the total debt plus trade credit and equivalent to total assets (equation 1). The market value of this gearing measure can be calculated by adjusting the value of the total assets, deducting the book value of equity and adding the market value of equity (equation 2). The equation can be represented as follows: According to Rajan and Zingales (1995), the gearing measure serves as a proxy for the liquidation value of a company. The authors also argued that the value of this indicator may be significantly inflated, as it may only represent financial transactions, instead of assets. Debt to Total Assets: This gearing measure is the ratio between the total debts to total assets (equation 3). The market value of this multiple is determined by adjusting the asset, by deducting the book value of equity and adding the market value of equity (equation 4) (Phillips, Libby and Libby, 2011; Fridson and Alvarez, 2011). The equation can be represented as follows: Debt to Capital: This gearing measure is the ratio between the total debts to capital. The capital in the denominator represents the total debt plus the equity, which includes the preference shares as well (equation 5) (Rose and Hudgins, 2008). The market value of this gearing measure is calculated by adjusting market value of equity, instead of adjusting the book value of equity (equation 6). The equation can be