Inventory period and operating cycle Essay

Age of inventory will show the number of days that inventory of COSCO is being held before they are sold. Increasing or decreasing the same must be a guided by the objective of maintaining a good working capital condition. COSCO Wholesale has inventory period of 27 days. Before recommendation could be made whether its inventory period should be increased, said inventory period must be compared with the payment terms with suppliers. If the company’s payment terms (Bernstein, 1993) to supplier is 30 days them the age of inventory of 27 days is a good sign that the company is making sale of inventory efficiently, which means that it can sell faster than the next time the company orders and pays for these goods. For COSCO to maintain its 27 days inventory period, it must also tie this up with collection period since higher sales volume is normally associated with longer collection period. Increasing sales on credit with longer collection will decrease inventory period and the two will sum up to operating cycle (Meigs and Meigs, 1995). If the resulting operating cycle still allows a good and manageable working capital situation, then increasing sales on credit must be done up to such point, otherwise mismanaged working could turn the company unable to meet currently maturing obligations. Operating Cycle COSCO’S operating cycle is 30 says which consists of 27 days inventory period and 3 days collection period. To determine whether recommendations should be made whether the cycle could be increased or decreased should be tied up on it working capital situation. If its present working capital situation allows the company to meet it currently maturing obligations then its operating cycle is just right. As discussed earlier, the strategy on operating cycle is affected by decisions made on age of inventory and policy on making sales on credit. One could not just decrease operating cycle without basis like by decreasing age of inventory by underinvestment as this could mean not satisfying the demand for company’s products for the sake of shorter age of inventory and consequently shorter operating cycle. The company’s policy on sales on credit must be sufficient enough to meet realistic targets in terms of sales revenues and working capital requirements (Brigham and Houston, 2002).

Of Mice and Menn †this novel is all about The American Dream Essay

The Novel ‘Of Mice and Men’ was written in 1937 by John Steinbeck. It is the most touching tale about the relationship of two men, George and Lennie who are faced with difficult situations at times which are Steinbeck’s aspects of his life seeing as there are the main characters of the novel. On the other hand Steinbeck highlights in the novel the social conflicts of the time period, such as the climate change cause by drought and the financial collapse of 1929, which had affected the increase of unemployment and poverty throughout the United States of America. Of mice and men is a novel set on a ranch in the Salinas valet in California during the great depression of the 1930s. The main characters of the novel are Lennie and George. Lennie is described as a large guy who doesn’t know his own strength, but also unable to gauge other people’s weaknesses. Lennie is best described as childlike; he embodies the best characteristics of a childish mentality. He is trustworthy and a nice guy although he is mentally disabled, Lennie is simplistic and docile. He gets distracted very easily and is obsessed over simple sensory pleasures, finding great joy in touching soft things, whether a cotton dress or a soft puppy. Although he lacks in capacity on controlling himself physically, he has a great protective instinct, especially when it comes to his friend, George. George is a bright and healthy looking guy who isn’t suffering from any diseases like Lennie is. George is like a guardian to Lennie by always look down to him making sure he is well and happy. George is small, wiry, quick-witted man, however a loving and caring person, he struggles at times as Lennie has ruined everything but he still stays with him. It’s not normal for two people to work together travelling ranch to ranch as they do; this shows how strong their relationship really is. George promotes moral responsibility unlike Lennie or Curley’s wife. He also has interesting physical characteristics such as restless eyes, strong small hands, thin arms, and a bony nose. His need in a companion (Lennie) exceeds the generally accepted traditional remedies for loneliness. Throughout the story, George isn’t very lonely since he has got Lennie with him but in the end, when Lennie dies, he becomes lonely as he does not have anyone with him anymore. This novel is all about â€Å"The American Dream† you’ve noticed that no one in the book is truly happy. Everyone’s missing something. Except the boss, none of them own there own land or home. The only thing that anyone in the ranch has is a dream. People who work on the ranches have a low chance of going anywhere in life as it is tough with the low income they receive. In theory, anyone could become successful. Trouble is, in practice, most people need to be born rich to make it but George and Lennie dream of a better life and are different to everyone else as they got hope in themselves that they don’t want to work on ranches every day until they die. George and Lennie both have interesting and exciting dreams about how successful there futures will be. Lennie dreams with George of having a small piece of land; he is obsessed with one aspect of this dream: having a small rabbit hutch where he can tend rabbits. Lennie is incapable of making decisions by himself which is why he relies on George entirely. But truthfully it was never going to happen! Steinbeck says â€Å"each mind was popped into the future when this lovely thing should come about.† This shows that it’s all in a pretend future. The quote â€Å"I got to thinking maybe we would†, George says to Lennie because he might of liked hearing it not realizing the truth with his childish mentality. You could spot a sign of loneliness which exists in George’s mind. He knows that there is no future for them and he doesn’t want Lennie to feel sad or upset, so by telling Lennie this lie, it will keep him happy and motivated on moving on. Steinbeck is trying to show us that there is no meaning of life if you fall into working in ranches and travelling. One of the main aspects that are attached with most of the characters of the novel is loneliness. Steinbeck has purposely named the town ‘Soledad’ because in Spanish, ‘Soledad’ means loneliness. This relates to the town being lonely and how the people living in it are also lonely and it also gives us a clue that the novel is mainly about loneliness. Loneliness encourages characters to seek an alternate way of life. You can notice how most of the important characters from the start end up being separated from each other, such as Candy and his dog, George and Lennie and Curley and his wife. There is much confusion and difficult situations where things don’t go as well or mistakes are made. There have been over one thousand migrant workers who came from different locations in America such as California. The men who decided to travel alone migrated from ranch to ranch in short-term. They were paid very little and there weren’t many options as no one would take them in. Lennie and George were the type who migrate from ranch to ranch together looking for work and this wasn’t very easy for them as they both were in difficult situations at times and had to leave for many reasons such as Lennie would do something wrong in a place as he is not as bright and gets distracted easily. This made both George and Lennie run away and come to Soledad from the town Weed where Lennie had petted a girl’s dress which made them lose their job. The bunkhouse was described as a rectangular building, which was dark and dull from the inside. Every man’s bunk was identical to each others (8 bunks in total). All of the bunks had a little shelf to put there belongings on. They also had a square table in the middle of the room were everyone had played cards. Everyone on the ranch was lonely because all the men in the bunkhouse were single and they had no companion to share there feelings with like George and Lennie did. When George says â€Å"they got no family† this explains that they are like orphans who have nobody in life but themselves. This shows a sign of loneliness and isolation from others because all this time he hasn’t really known the real meaning of life until he met Lennie. The men in the bunkhouse have nothing to look forward to except working on ranches for the rest of their lives. People like Slim and others find it strange how George and Lennie’s relationship is really strong and how they travel together working as a team. This is because most of the ranch hands tend to travel alone. This also shows that having company is unusual and being lonely is now seen as normal for the people living on the ranches. Curley’s wife is a young loving person who is fed up and wants some recognition, attention, her own identity and her own life. She is a very lonely character as she has nobody except her husband who she doesn’t love and also doesn’t receive love from him as well. Really she doesn’t have her own identity as she is seen as just someone’s wife, this is because Steinbeck has not given her an actual name by calling her â€Å"Curley’s wife† to show us that she doesn’t really have an identity. Also without Curley, she would be nothing as her life would have been so much different and harder with the social conflicts at the time period. Steinbeck purposely had done this which shows a sign of loneliness in her character. Curley doesn’t spend enough time with his wife, leading failure to satisfy her, either emotionally or physically. The lack of communication has pushed her into continuously looking for companionship, the quote â€Å"Think I don’t like to talk to somebody ever’ once in a while?† shows a sign of loneliness. She is isolated from the other ranch workers because they try avoiding her and not speaking with her as a fear of upsetting the boss’s son (Curley), this clearly explains that Curley does not give her the attention she craves and desires. Her relationship isn’t going really well as she has been looking for pleasure and flirting with other men. Curley isn’t someone who is always there for her nor loving. Another character who is very lonely is Candy. The old Handyman, aging away and is reduced to cleaning the Bunkhouse after losing his hand in an accident at work. Occasionally, Candy worries that the boss will soon declare him useless and demand that he leave the ranch. He was the person who welcomed George and Lennie to the farm, showing them where there beds were. He also has a similar dream to Lennie and George to share his own land and animals also some economic values. He offers them all his compensation money in return for a share in his and Lennie’s dream. Only meeting them on the first day shows how desperate he was. His life is the total opposite of his name because the name ‘Candy’ gives us an impression of sweet things but the character Candy is the total opposite. Finally, the most important thing in his life was his dog which was his best friend, who kept Candy company and has been in his life for a very long time. The quote â€Å"I had him ever since he was a pup,† shows that that the dog was someone he was able to care for which provided him with more than just friendship but family. The death of Candy’s Dog made a big impact in the reflection of attitudes to his life, being isolated and insecure as he loses the only thing that mattered to him in his life. He has no family or friends, resulting in failure to understand the human attachments and relationships with others. Also the character â€Å"Carlson† tries to pressure candy into shooting the struggling old dog. Candy had very strong, loving feelings for him and couldn’t preside. In the end because of peer pressure he agrees to let Carlson shoot the dog. You can see from the quote â€Å"Why’nt you shoot him Candy?† This shows that Carlson isn’t very sympathetic and he can’t understand how strong the bond is between Candy and his dog because he has a lack of understanding human attachm ents and relationships. The most unequal character in the novel is Crooks. He is isolated due to the colour of his skin because people look at him differently and give him no respect. He is the only black man in the book and at that time, America was a very racist, unpleasant place as Crooks were victimized. Crooks is a black stable-hand who is lively, sharp-witted and proud. He got his name from his crooked back. He also admits that he is extremely lonely, like most of the characters in the novel. He was referred to as â€Å"stable buck†, â€Å"nigger† or â€Å"crooks† and he was never referred to by his actual name which suggests that no one actually is bothered to get to know him. Crooks lives alone away from everybody else. He is isolated in his own room in the barn, instead of being with the other hands in the bunkroom. Isolating him from the other ranch workers purely because colour of his skin. The quote â€Å"A guy goes nuts if he ain’t got nobody† suggests that he had literally gone insane from loneliness and low self esteem. On the other hand, it is clear that he craves companionship from the shocking reaction when Lennie comes over to his room. At first he rejected him hoping to prove a point, as why should a black man welcome a white man when he who isn’t welcome in a white man’s house. Lastly he couldn’t take it from his desire for company so he invites him over to sit with him. Crooks doesn’t stop talking, showing us that he yearns for company as he is terribly lonely. In his room Crooks has the California code which is meant to protect his rights of black people in America, but in reality the symbol means nothing as for men like crooks, who is unable to socialise or be accepted as who he is just because of the colour of his skin. The character Curley is the boss’s son and is rather a two-dimensional villain. He gains his respect from others by picking fights with larger men. He is a little, mean and bitter bloke who is very aggressive and boastful to others. Rumours been said that Curley is a champion prize-fighter. Candy says that he is â€Å"handy† quoting that he fights well. He came in the finals for the Golden Glove boxing competition, this shows us that he likes fighting and is committed to it. No one likes Curley because he doesn’t deserve the respect with how he treats people. He is a married man and his wife isn’t very happy with him as she thinks that he has missed many opportunities to spend some time with her and bond together like couples do. The only time Curley shows up with his wife is when his wife was found dead. He doesn’t realize the fact he needs to think about others then just himself. In Conclusion, Steinbeck has successfully presented all the characters to some degree of loneliness, which was the main theme. He has perfectly explained the different aspects of how their lives on the ranches can be very lonely even if you’re still around each other. The way Steinbeck’s style of writing makes you feel sympathy for the characters. Also you experience the people’s lives were like at that time. The novel goes full circles, the situation ending basically the same as it began, at the same place. I really think the book â€Å"Of Mice and Men† is a really interesting story and have enjoyed it, I really recommend reading it!

Auto Immune Disease

Autoimmune Disease: Lupus HCA/240 Lupus is a lifelong dangerous disease that causes the human body to intrude on one's immune system. Even our very own, latest superstar Michael Jackson had the autoimmune disease lupus. This disease causes tissue to be eaten, brain cells to stop working, organs to be destroyed, and so much more. As we all know, the body will shut down if all parts are not working properly. It is safe to say that the organs go hand and hand with one another. In other words, one can't work correctly without the others help.Usually, the immune system protects these things, but because the isease lupus has taken over it prevents the system from working properly. As the disease begins to spread across the body, it gives a domino effect whenever the organs stop working. The most common types of lupus are systemic lupus, discoid lupus, and subacute cutaneous lupus. â€Å"Systemic lupus may affect Joints, skin, kidneys, lungs, hear, blood vessels, nervous system, blood, and brain. Discoid lupus erthyematosus (DLE) causes a skin rash that doesn't go away.Subacute cutaneous lupus causes skin sores on parts of the body exposed to the sun† (Corbett, 2013). There are many different ways to tell whether or not one has developed lupus. â€Å"One way to tell whether or not you have lupus is the common symptoms including: achy joints (arthralgia), frequent fevers of more than 100 degrees Fahrenheit, arthritis (swollen Joints), prolonged or extreme fatigue, skin rashes and anemia† (Quinn). Not to say that if you are experiencing one of these symptoms you have lupus, but if it appears to be continuous it would definitely be something I recommend getting checked out.For example, IVe experienced fatigue, achy Joints and a few more ymptoms that were mentioned above but I come to realize that I also have these symptoms whenever my iron is low or whenever IVe had a long major workout. Lupus is a disease that shows no petty to man. This disease can develo p amongst any age group, male or female. However, statistics show that the targeted individuals are adult females and adult males. Parker- Pope (2009) states that lupus affects more women than men, and is more common among blacks and Asians. Therefore, we can conclude that it is very rare for children to be our targeted audience with this disease.Still to this day, scientists have not discovered exactly what causes lupus though. â€Å"Because many lupus symptoms mimic other illnesses, are sometimes vague, and may come and go, lupus can be difficult to diagnose. Diagnosis is usually made by a careful review of a person's entire medical history and a physical examination, coupled with an analysis of the results obtained in routine laboratory tests and some specialized tests related to immune status† (Quinn, n. d. ). There are several treatments tor lupus but untortunately no one nas come up witn a cure tor the disease.Treatments such as antimalarial drugs, corticosteroids, immu nosuppressive agents/chemotherapy are all used to help fight lupus. These treatments help to reduce pain and swelling, calm the immune system, reduce headaches, rashes, and prevent or reduce flares. â€Å"The hardest thing about lupus is that it's an invisible disease,† says Carolyn Sayre, 24, of Manhattan. â€Å"It doesn't necessarily confine you to a wheelchair or make you walk with a cane, but it makes you tired and achy and swollen and sort of makes you feel like every day you're waking up with a bad case of he flu† (Parker- Pope, 2009, ).With that being said, I can truly see how these types of diseases can be hard to diagnose or find warning signs of such harmful disease. I'm certain that each of us have at some point encountered more than one of the symptoms at the same time. Again, it is my advice to seek a doctor if one is having continuous symptoms as listed above earlier. Sayre is a prime example of exactly how horribly it affects one's body. l, myself have n ever had the flu, therefore I couldn't even begin to imagine the pain she suffered during this time.

Reasons Women Choose Abusive Partners Thesis Example | Topics and Well Written Essays - 4250 words

Reasons Women Choose Abusive Partners - Thesis Example The violence that is mostly gender based denies the rights that can be enjoyed by women. This violates a woman's personality in such a way that she is unable to function properly thus becoming mentally paralyzed and eventually they end up being abused by men. 2. Women of all standards and backgrounds are vulnerable to violence whereas there are some who are more likely to be the victims of violence. This includes young and immature women, disable or financially weak women. Women who are of ethnic and racial minorities also face problems related to violence. 3. The law and government also play a significant role in the violation of women. Enough rights are not granted to women due to the racial and sex discrimination. They are often arrested for invalid reasons whereas the same attitude is not maintained with the aboriginal people. This is the biggest example of racial discrimination. These women are more likely forced to lead their lives with abusive partners.1 4. The victims have to face the trauma of the entire violence themselves and also the sexism that is associated with the process of holding their victims accountable. Ultimately they give up on their lives and end up on streets waiting for the cabs or buses that would leave them on the mercy of violent people. They choose abusive partners and houses with inadequate security since they are left with no other choice than this. They grudgingly depend on the people who trade them for sex and are most importantly their bosses. 5. Those women who are subordinate, socially or economically an immigrants and refugees also face these problems. Refugees are mostly confined to domestic or hectic work for which they are paid very less. They are not aware of their legal rights and are often threatened that their rights would be confiscated and they would be deported in case they report violence. Women are often sexually harassed and do not have any kind of support whatsoever. Due to this they end up on streets and are ultimately paired with abusive partners so as to finance themselves economically. 6. Women who are victims of sexism are bound to face the violence problems and are subjected to drugs and abusive company which leads them even further into the darkness an devils of this process.2 B. Purpose of the study The purpose of this study is to have a look into the victims' life, carefully study and analyze and then seek for the appropriate solution. This entire process is adopted so as to free the women from their miseries and horrible past so that they can acquire their legal rights and lead a respectable life. Women abuse and violation has been a part of our society since ages. Women have been victims of violence, hatred, abuse etc. and its increasing day by day. A lot of women have turned up and expressed their views about their past while some still tend to remain quiet about it. Be it due to their partner's fear or due to the society. Women are being forced to choose abusive partners and this has been a persistent problem and there is a dire need that this problem be identified at the roots, analyzed and solved. C. Guiding questions There are a number of questions relevant to women violence which dominate our society. It is very important to look deeply into the problem and carefully

Sula by Toni Morrison Essay Example | Topics and Well Written Essays - 750 words

Sula by Toni Morrison - Essay Example The author concentrates on the certain part of the town which is called 'The Bottom', which mean the bottom of life and society. The main character of the novel, Sula, grew up actually in that place. During her childhood she was surrounded by people, who refused to contain themselves in the social norms. Sula was born in a female-centered domain with Hannah her widowed and sexually free mother, with Eva her grandmother, who had her leg amputated, and with boarders and relatives taken into the house situated at 7 Carpenter's Road up in the Bottom. Reading the novel, one can see enormous influence of family on the personality: "Eva's arrogance and Hannah's self-indulgence merged in her and, with a twist that was all her own imagination, she lived out her days exploring her own thoughts and emotions, giving them full reign, feeling no obligation to please anybody unless their pleasure pleasedher"1. Since her early childhood, Sula Peace seemed to people strange girl because of the rose tattoo near her eye and because of the disorder among her household. Sula lives in a "woolly" house of "throbbing disorder" with few, if any rules. The characters around Sula exist as a point to compare the different ways the community treats those who are different. For example, Shadrack and Hannah are outcast from the community in the bottom as well as Sula; nevertheless they are not regarded with such fear or resentment as the town feels towards Sula. Shadrack returned shell-shocked from the war and then led quite immoral lifestyle frequently drinking and behaving as a bum. He was considered crazy, but wasn't disgraced, as he was a male. However Hannah had frequent affairs with married men after the death of Sula's father, she was known as a kind and generous woman and even respected. Sula, in turn, has never experienced a healthy relationship between a man and a woman. She was taught to view sex as at the source of pleasure. This certainly affected Sula's adult life; she had romances only with other women's husbands. Such behaviour was regarded as a delinquency. Opposite to Hanna Sula was not a submissive participant in her relations with men, but felt as an equal. She used her lovers only for pleasure, taking no consideration as to how the men feel. She always gained limitless control over them - actually this caused hatred, scorn and nasty rumors among the women, who had no real power over their husbands.Sula looked after herself and because she had all her teeth, had had no childhood diseases and looked younger than her age the town acknowledged that she was a real evil. She embodied the things that had never been seen in the community before; the community, in turn, labelled her as wicked as people had fear about unknown. Thus, for the inhabitants of Medallion, Sula was an example of evil. After Sula returns from her ten year long absence from Medallion, she starts even more promiscuous lifestyle. She is considered a "slut" among the community. Nevertheless, after her return, the membersof community start behaving better and more carefully than they had before. Women began to take care of themselves and their children and to cherish their

Exam questions Essay Example | Topics and Well Written Essays - 500 words

Exam questions - Essay Example If the right is bought, it is called a long call; if the right is sold, it is called a short call. An option that gives the right in due course make a sale at a predetermined price is called a "put" option. If the right is bought, it is called a long put; if the right is sold, it is called a short put. i) Flexibility - Options are an extremely flexible tool. Options can be bought or sold in many different combinations for many different investment opportunities (i.e. Stocks, indices) . This allows for an investor to take advantage of varied market conditions available at a time. Options can be traded to address rising or declining markets, quiet markets or volatile markets with uncertain price directions. ii) Increased trading opportunities – There are a great number of strategies that can be adopted while trading options. These create additional profit and risk management opportunities for traders thus an increase in returns. iii) Limited risk with unlimited profits – If one buys a call option, they benefit from unlimited profit potential as the stock moves higher while the investor who buys a put option, has the benefit of unlimited profit potential as the stock moves lower. Index options are financial derivatives that give the possessor the right, but not the obligation, to buy or sell a basket of stocks, such as the Nasdaq – 100 index options, at an agreed-upon price and before a certain date. An index option is comparable to other options contracts, the difference being the underlying instruments are indexes. One may use index options to hedge when there is need to protect the value of the portfolio of mixed stocks in case of a market decline. Index puts are utilised in this instance. Index puts are generally used to protect unrealised profits stemming from an investor’s portfolio. There may be various classes of options that are available

Effects of Media on Political and Social Trust in US Article

Effects of Media on Political and Social Trust in US - Article Example From this discussion it is clear that in democratic societies like USA, media ensures the exchange of opinions and points of view between the people in power and the general public. In liberal democracy, media facilitates   public communication, informs the public, and represents the community. In democratic countries, freedom of press is guaranteed by law. The government may protect information from its public disclosure by classifying it as sensitive, classified or secret.This study outlines that people are said to have political trust when they trust the actions and intentions of the government and politicians. Uncivil exchanges during talks shows drastically reduce social trust. Talk radio can provide an unstructured outlet for public expression.  As listeners engage more and more with the medium, they become exhausted by the political system rather being motivated citizens. Thus, there is no long-term gauge on any medium to see how the media affect on trust in different time s. Social trust is a belief in the honesty, integrity and reliability of others that enables participants to act together more efficiently. Scanning the papers and watching video entertainment content enhance social trust, while examining the television news undermine trust in others.  studies have generated results that 20% of the overall public in America, have a greater impact on the political process than do those with more mixed ideological views.