Tuesday, May 26, 2020
An Honest View of College Essay Prof Readers Services
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Friday, May 15, 2020
Analysis Of St. Augustine s The Confessions - 1297 Words
Jake DeLeers Second Four-Page Essay In Books VIII and IX of the Confessions, St. Augustine describes a long and difficult personal spiritual journey to the end of being to accept and receive Godââ¬â¢s grace. Augustine finally had to come to terms with his own intellectual and moral pride masquerading as autonomy and independence. He finally realized that his intellect could not serve as a tool to help a will incapable of overcoming his own sin. One useful way to compare Augustineââ¬â¢s spiritual struggle is to see in it some similarities with the story of Luciferââ¬â¢s pride and fall into becoming Satan Book VIII starts with his statement of surety in knowing that God exists and is absolutely good ââ¬â Augustineââ¬â¢s crisis is not one of faith but rather one of despair that he cannot overcome sin and lead a Christian life. He wants very much to lead a godly Christian life, but in the moment of temptation he cannot make the choices and renunciations required. Augustine knows full well what is required of him and he does not need to discover what to believe or how to live. Augustine just cannot make himself do it in practice and in living life day to day the way a Christian should. For guidance he goes to the bishop Simplicianus in Milan who tells him the conversion story of his friend Victorinus. The latter was a pagan master of rhetoric who decided to convert, but who is rebuked by Simplicianus for thinking he can be a Christian in secret, apart from the Church and the communion of fellowShow MoreRelatedReasons For St Augustine s Conversion2016 Words à |à 9 Pageswith spirit. St Augustine Biography Info Augustine of Hippo was born on November 13, in AD 354, in Thagaste (modern day Souk Ahras, Algeria), and died on August 28, in AD 430, in modern-day Annaba, Algeria (then known as Hippo Regius). It was in the latter city where he was named Bishop 35 years prior to his death. It is a challenge to encapsulate renowned personalities, and with St. Augustine, this task is even more difficult (Augustine of Hippo). A theologian and philosopher, Augustine dithered betweenRead MoreWhat Is The Measure Of One s Faith, Or Their Non Faith?2706 Words à |à 11 PagesTristiana Johnson Augustine Essay What is the measure of oneââ¬â¢s faith, or their non-faith. What must one do to repent for sins, and can those sins ever be forgiven if they repent? These are all questions that are explored and , sometimes left unanswered in Confessions , a book by St. Augustine of Hippo. Standing at the forefront as one of the most important figures in the Ancient Western Church, Augustine was a man of impeccable religious stature, in his later years. In his youth, however, he wasRead MoreWho Gregory Boyle s Tattoos Of The Heart1873 Words à |à 8 Pagesfollower of Jesus Christ would have had. I think that leading by example is a much more effective way of reaching out towards people who are not as knowledgeable about God during those times, and even during the modern times now. According to Gerard S. Sloyan in the one of the publications of The College Theology Society, A World More Human, A Church More Chrisitan, ââ¬Å"A generation of undergraduate students has appeared which is seemingly disinterested in the entire theological venture, whether markedRead MoreEssay about Modernism in T.s. Eliotss the Wasteland885 Words à |à 4 Pages Discontinuity, in other words, is no more firmly established than continuity, writes Michael Levenson (A Genealogy of Modernism). In his analysis of the initial eighteen lines, it becomes apparent that no clear conclusion may be drawn as to who is speaking, or how many speakers are present. There are several methods of unifying the disjointed speaker(s), all of which conflict with each other although they may be equally true. Thus faced with this paradox, the reader is privy to one of the modernistRead MoreBeyond the Problem of Evil Essay6495 Words à |à 26 Pagesperceived--indeed, have sometimes perceived themselves--as a threat to that tradition. As such, I will attempt first, to outline the problem of evil in the starkest terms possible, presenting Augustines approach to its solution followed by a critical analysis; second, to present an alternative approach to the questions which give rise to the problem--an approach derived in large part from Spinoza and Nietzsche; and, third, to show how this more philosophically acceptable alternative can be expressed inRead MoreThe Importance Of Sacramental Development By Joseph Martos1937 Words à |à 8 Pagesconcerning sacraments and does not confuse the reader at any point. The author, Martos, provides a detailed description of the sacramentsââ¬â¢ history, especially, the Catholic Churchââ¬â¢s seven sacraments development and history. Martos has also presented the analysis in a manner that is logical and very organized and thus keeping the interest and of the reader and creating more attention and curiosity to the reader. In his book, Martos is keen to show that sacramental development over the centuries resulted asRead MoreThe Reformation Essay2676 Words à |à 11 Pages The desire for greater religious freedom was contributed to the separation of chu rch and state. This argument of the separation of church and state has been going on for quite some time. Early efforts to reform the church started in the 1300s at Oxford University. John Wycliff stirred up controversy in teaching the freedom of religious conscience of the individual believer, who stood in faith directly before God in 1370. Wycliffs followers, contemptuously called Lollards, preached reformRead More T.S. Eliots The Wasteland Essay3278 Words à |à 14 Pagesmust know that we are making an active choice and will be forced to live with the consequences of such a decision. There is, yet, one more way to look at the actions and decisions of humanity. In The Ethics of Sex, Mark Jordan states, ââ¬Å"[One] require[s] rather a persuasion to change his actionsâ⬠(55). What this means is that, in order to make a big change to the corrupt way we are living, humanity must see the consequences of our actions. Right now we have not see enough reaction or negative c onsequencesRead MoreEssay on The Need for Brutality in A Clockwork Orange 4668 Words à |à 19 Pagesthe battle between Pelagianism and Augustinianism, two conflicting religious doctrines. Pelagianism, a philosophy of the British heretic Morgan, denies the Catholic concepts of original sin and predestination, while the rival view point, with St. Augustine as its champion, upholds these views but contends that God often cuts man loose to carve his own fate. Burgess takes an Anti-Pelagian stance in Orange, associating the views of Morgan with those of Skinner (Free Will Versus Predestination). Read MoreResearch Papers for Eudora Welty4544 Words à |à 19 Pagesââ¬âEudora Welty, One Writerââ¬â¢s Beginnings I owe a special debt to Jan Nordby Gretlund for his Eudora Weltyââ¬â¢s Aesthetics of Place (Odense, Denmark: Odense University Press; Newark: University of Delaware Press, à ¡994). Given his extensive and intensive analysis of Weltyââ¬â¢s ï ¬ ction, which he makes in response not only to that ï ¬ ction but also to the considerable body of historical and critical work that has been done on it, Professor Gretlund establishes both a scholarly and a critical context upon which my
Wednesday, May 6, 2020
The Stranger By Albert Camus Critical Analysis - 971 Words
The Stranger, by Albert Camus tells the story of a man named Meursault who is consumed with the pleasures that life has to offer. In an unusual ending, Meursaultââ¬â¢s fate is ultimately decided based on his actions he has made throughout his life, in which he blatantly ignores the 1940ââ¬â¢s social norms of the French colony, Algiers. The story is told from an Absurdist point-of-view, which ultimately affects the meaning of the novel. This is present when unknowingly to Meursault, Absurdist philosophy dictates and controls his actions and character development throughout the novel. Through the inconsiderate actions Meursault constantly makes throughout the first half of the novel, the shift that slowly occurs as he becomes conscious, and finallyâ⬠¦show more contentâ⬠¦Later on, Raymond asks Meursault to write a letter as a witness to his crime, however, the letter would be in Raymondââ¬â¢s defense. Despite knowing this letter was harmful, Meursault indifferently agre es, and ââ¬Å"[tries] [his] best to please Raymondâ⬠(32). Through all of these events, it is apparent Meursault gives no conscious thought to his decision-making in the first part of the book. However, the unconscious Meursault depicted in the majority of part one drastically changes when he murders an Arab man, separates himself from the the universe and its indifference, and transitions into full consciousness of his actions. This switch begins to take place when Meursault first shoots the man and blames it on the gun, explaining ââ¬Å"the trigger gaveâ⬠(59). However, he then is able to recognize his decisions as he feels ââ¬Å"the smooth underside of the butt,â⬠(59) thus acknowledging that he was the one who had felt the gun and shot it; ultimately taking accountability for his murder. Furthermore, as ââ¬Å"the sun was the same as it had been the day [he] buried Maman,â⬠it can be inferred that Camus uses the indifferent universe as a parallel to Meursaul tââ¬â¢s indifferent attitude that was so prominent throughout part one of the novel (55). In doing this, Camus makes it clear that Meursault, by choosing to ââ¬Å"[shake] off the sweat and sunâ⬠cognizantly separates himself from the universe, and is no longer indifferent to his actions (59). TheShow MoreRelated Essay on Camusââ¬â¢ The Stranger (The Outsider): Reader Response Criticism2226 Words à |à 9 PagesReader Response Criticism to Camusââ¬â¢ The Stranger (The Outsider)à à à à à à In The Stranger (The Outsider), Albert Camus anticipates an active reader that will react to his text. He wants the reader to form a changing, dynamic opinion of Meursault. The reader can create a consciousness for Meursault from the facts that Meursault reports. By using vague and ambiguous language, Camus stimulates the reader to explore all possibilities of meaning. Camus also intends to shock the reader into rereadingRead MoreLiterary Analysis Of The Stranger 2900 Words à |à 12 Pages Curtis Poindexter Professor Slattum English M01B 11 December 2014 Literary Analysis: The Stranger The novel The Stranger is a first-person account of the life of M. Meursault from the time of his mother s death up to a time evidently just before his execution for the murder of an Arab. It was written by Albert Camus in 1942. Meursault however, is not your typical hero of a story; rather an antihero. He is neither good nor bad, and harbors no emotion. He goes through his life with a preconceivedRead MoreHuman Relations in Camus Novel, The Outsider, from an Existentialist View2123 Words à |à 9 Pagesmovements across time. The human relations with God, love, society, death etcâ⬠¦ are relations that human make to live his life. I study in this paper the human relations in The Outsider novel by Albert Camus from an existentialist view. I want to study Meursault relations who is the main character in Albert Camusââ¬â¢s novel The Outsider , Meursault is being executed because he kills an arab person, but the main reason is that he does not cry at his motherââ¬â¢ fune ral and lives his life as there is nothingRead MoreExistentialism vs Essentialism23287 Words à |à 94 Pagesamp; Phenomenology * Existentialist Philosophers * ------------------------------------------------- Absurdism * The idea of theà absurdà is a common theme in many existentialist works, particularly inà Camus. Absurdity is the notion of contrast between two things. As Camus explains it inà The Myth of Sisyphus: * The absurd is born out of this confrontation between the human need and the unreasonable silence of the world. * This view, which is shared byà Sartre, is that humanityRead MoreAlice Malsenior6001 Words à |à 25 Pagessharecropper and the youngest of eight children (Bates, Alice Walker: A Critical Companion). Aliceââ¬â¢s father had always taken education very seriously in an era where the schooling of black children, especially black females, was very rare. Nevertheless, Willie enrolled his young daughter in school at the age of four where she was then able to skip two grades up to first grade due to her intellectual potential (Bates, Alice Walker: A Critical Companion). Though it may seem like Aliceââ¬â¢s father was unorthodox
Tuesday, May 5, 2020
CTI Logistics Limited
Question: Analysis of all the statements published by CTI Logistics Limited namely the balance sheet, profit and loss account. Answer: Introduction A companys financial position as on a particular date and its income statement for the year ended states how a company has performed during the year in question and what is its financial position as on a particular date with regards its assets and liabilities position and shareholders funds. Various ratios when compared with the previous years figures makes it clear what changes has taken place and whether it is for the benefit of the company as a whole or not. The income statement shows how well the company has performed a compared to its last years profitability figures and how much earnings per share it has been abe to contribute to its stakeholders (CTI Logistics Limited, 2015). The cash flow statement states the changes that has taken lace in the cash and cash equivalents of a company through various kinds of activities such as cash flow from operating activities, investing activities and financing activities. And lastly the equity position which clearly shows how much of shares have been added to the fund. CTI Logistics is a transportation company also providing logistics and business services, listed in the Australian Stock Exchange. The company also has the largest A1 grade security monitoring system located in Western Australia and is the leader in the supply of commercial alarms, cctv cameras and various other security access control devices. Thus the said company has a varied number of areas to work (Damodaran). The current years performance as compared with its performance in the year 2014 has been disappointing. Profits per se it saw an almost 50 percent downfall in its profits as compared to last year. A detailed analysis of the financial position, income statement and cash flows is as stated below (CTI Logistics Private Limited, 2016). Statement of Financial Position as at 30th June 2015 The financial position of an entity is determined by the balance sheet. It clearly discloses the position of the assets and the liabilities of an entity as on a particular date. It reflects the summary of all the account balances such as that of inventories, debtors, creditors, short term borrowed funds and so on at the end of a reporting period. It is basically the tool to show the equity position of an organization which is a difference between the assets and the liabilities shown (Bajkowski, 1999). On analysing the financial position of the company as at 30th June 2015 the following are the requisite data that has been derived: Current asset: $ 35,277,387 Non Current Asset: $ 125,128,143 Current Liabilities: $ 31,641,093 Non-Current Liabilities: $ 66,604,785 Stockholders Equity: $ 62,159,652 The Current asset position has bettered as compared to last year. The liquidity position is better in the current year as it is clear from the statements that the position of cash and cash receivables has improved 1.71 times as compared to the previous year. The company has less inventory to carry which is also a positive sign as it lead to less stock obsolescence and it clearly shows that not much money is stuck in the stock (NACVA, 2012). Companys non current position has been positive enough with additions in land and buildings, plant and equipments and motor vehicles with some minor disposals which is very insignificant. The significant addition in the plant and machinery ha been due to the acquisition of a subsidiary company by CTI Logistics. The company has also declared a land and building for sale The sudden increase in the value of the intangible assets is due to the acquisition of a subsidiary company which led to addition to its goodwill value. However CTI Logistics has taken huge amount of bank loans this year which has an interest bearing expense on the income statement .Its loan position has almost doubled as compared to its previous years figures(Nissim, Penman, 2003). Ratio Analysis of Various Items of the Balance Sheet Type of Ratio 2015 2014 Liquidity Ratios Current Ratio 1.08 1.54 Cash Ratio 0.19 0.13 Solvency Ratios Debt to asset ratio 0.61 0.47 Debt to capital ratio 0.52 0.39 Debt to equity ratio 1.58 0.91 Interest Coverage Ratio -12.2 times -6.1 times Capital Gearing Ratio 0.58 0.45 On analysing the above mentioned ratios the financial position of the company is clear. The company is in a safe liquidity position presently. An ideal current ratio is that of 1, and the company has reported that of 1.08. This is a clear indication to the fact that the company has enough assets in its kitty so as to pay off its liabilities on demand. CTIs current ratio is not to high also so as to hurt the companys bottom line (Kothari, 2004). Cash ratio is generally not used for the analysis of the companys health however some investors may even calculate this ratio on a conservative approach even thought eh same is not very reliable. The cash ratio has improved from 13% to 19% which may be a carrot in the stick to attract the conservative investors to invest in CTI Logistics Limited (Gill, Chatton, 2001). Companys ability to meet its long term liabilities is measured via the solvency ratios. It provides the investors with an overview of the fact that whether the company has abilities to pay its interest and other fixed expenses on a consistent basis without facing much problems. The most basic ratio is that of debt to asset ratio which shows how much of asset the company owns via its debt funds (Elliot, Elliot, 2011). The same has increased by a good 15 percent from last year to the present year in discussion. This makes it clear that the company has acquired some new assets from which it has used its debt funds. Thus the companys financial leverage has increased though still at a decent level to attract the investors to invest in the company (Jun, 2013). Capital dilution is very important aspect. More issue of equity shares dilutes the ownership of a company, thus lowering the earnings per share component. Thus a higher debt capital ratio clearly states the percentage of total capital of a company via debt funds. CTI Logistics Limiteds debt to capital ratio has increased from a 39 percent to 52 percent however the increase is not too significant to hurt the financial position of the company or lead to much dilution of ownership. However the dividend amount is hurt a bit due to an increase in the interest expense component. But the same ratio makes it attractive enough for the present investors to continue with their investment in the company as well as welcome new entrants as investors (Liston, 2014). However even though the above two mentioned ratios show a positive sign for the investors yet the companys debt equity ratio of 1.58 currently reveals a very sad position of the company that creditors have claims on all the assets of th e company and even after the same their total claim will not be met. This forces the potential investors to take a back step while putting in their money and also a driving factor for present investors to withdraw. The same was better last year. Thus the entity should try to minimize usage of its debt funds and if required issue more shares in the market to improve its debt equity position. Last years position was still good enough at 0.90 versus this years position. Also its interest coverage ratio is in red which portrays a very sorry picture for the lenders. This ratio is calculated to show how well the company can meet its interest expense, which has deteriorated further in the current year . This is the biggest yardstick to hold back the investors from chipping in their money (Lan, 2012). Income statement for the year ended 30th June 2015 The important data derived from the income statement which would enable to provide how well the company has performed as compared to its last year are as under: Particulars 2015 (in $) 2014 (in $) Total Operating revenues 10905518 15918662 Cost of Goods Sold 1052571 855463 Total Profit 8647989 14090456 Non-Operating gain or loss 9909 4486 Earnings per common share 9.25 15.50 On looking at the income statement the same does not seem to be too lucrative. The operating income has fallen down by a good 30 percent dipping the profits and the EPS also by 40 percent. The fall in the EPS has been mainly due to a fall in the profits as there has not been any significant issue of new shares. Apart from this certain ratio analysis will give a better picture to decide upon the performance of the company (McClure, 2014). Type of Ratio 2015 2014 Profitability Ratio Gross Profit Margin 20 13.52 Operating Profit Margin 1.84 1.62 Net Profit Margin 1.46 1.43 Return on Assets 0.037 0.089 Return on Equity 0.095 0.18 Te above mentioned ratios of the two years ending 30th June 2015 and 30th June 2014 clearly shows the dip in the profits of the company. Although the gross profit margin has increased by a good 50 percent but the over all operating profit has dipped and so has the return on assets and equity. In the current year the company has not been able to utilize its asset base to its full so as to get adequate returns a compared to last years ROA figures. Also the amount of income that the shareholders expect from the company has also shown a downfall of around 45 percent which is eye catching and alarming as well. Though even in such a situation the company has declared dividends to keep the investors interest growing (Grimsley, 2003). Cash flows for the year ended 30th june 2015 On studying the cash flow position of CTI Logistics Limited the following data is extracted: Particulars 2015 2014 Net Cash flow from Operating Activities 13087868 11614905 Net Cash Flow from Investing Activities (33085249) (13757380) Net Cash Flow from financing Activities 23846753 (47047) Cash flow per share 0.20 0.18 It has to be well understood that a cash flow statement does not show the profitability of a company. It simply shows how the cash and its equivalent has been utilized by the company in various activities such as operating, financing and investing. Therefore presentation of this statement helps the users to find some answers to its questions like has the company been able to generate enough cash from its operating activities to meet its daily expenses and make timely payments to its creditors , does the company generate cash for expanding its business in the future and lastly can it pay dividends to its investors (Das, 2010). Cash from operations shows how much liquid cash the company has been able to generate from its day to day operations Cash from investing activities shows what kind of investments the company has made which would enable to generate revenues in future. For example a decision to buy any fixed asset such as an equipment or plant and machinery is an investing activit y as the investment in such areas will generate benefits for the entity in future. Thus a negative cash from investing activity is preferable. Lastly cash from financing activity shows how much cash the entity has generated by borrowing more funds or through the issue of shares as well as the amount of outflow incurred in paying off debts, buybacks or distribution of dividend (www.wiley.com, 2013). CTI Logistics has reported an increase in the operating cash flow of 13 percent which is a positive sign. It clearly shows that the day to day activities of the company has enabled generation of adequate liquid cash balance for the company The cash flow per share shows how much the company can fund using its internal money than depending upon the external debt funds. Thus the cash flow per share shows an increase though minimal but this is a positive sign. It has acquired a new business towards end of the financial year which is a positive sign too as the revenues from the said investment is expected to be seen in the current year which may help to boost the performance of CTI Logistics (Quinn, 2010). As compared to last years investing activity the current year has seen a robust investment policy in place. A total increment of 1.4 times has been published and the results of such investments are likely to be felt in the upcoming years. The current year has shown a huge amount of borr owings which has put an interest expense pressure on the entitys financials which is not a good sign. Last year there was more of debt servicing hence reducing the expense on the interest portion (Shelton, 2012). Stockholders equity section The shareholders equity fund of CTI Logistics shows a positive trend. Compared to last years equity balance the current years position shows an increase in the equity by 6 percent thus the company has not diluted much of its ownership this year as compared to its last year. There has been a dip in the retained profits amount because of a dip in their distributable profits. The company even though published profits lower by 40 percent as compared to the previous years performance still it distributed adequate dividends to its investors. This practice forced it to borrow more funds and increase the debt as well as interest burden for the company (Robinson et.al. 2009). Thus although the investors are happy with the dividends but looking at a long term scenario this can be negative for the organization. They should have retained and ploughed back the profits which would have enabled CTI Logistics to utilize more of own funds than borrowed. The number of outstanding shares for the year e nded 2015 has been 65830691 and that for the year 2014 has been 63746681, thus only a 0.03 percent increment which is instrumental to the fact that the company has prevented much of dilution of ownership in the current year. It basically connotes the net of asset and liabilities of a balance sheet that belong to the stockholders of an organization. CTIs stock position in the current year has not been lucrative enough to attract new investors or to make the current investors happy. Distribution of dividend is taken as an optimistic approach through a lay mans eyes otherwise in such a situation where the company has reported less profits , it should not have distributed the same as dividends and saved that amount for further investment in the company and thus saved on the finance costs (Fridson, Alvarez, 2011). Conclusion However on a detailed analysis of all the statements published by CTI Logistics Limited namely the balance sheet, profit and loss account, cash flow statement and the stock holders equity statement it is very clearly visible that the companys shares are still very lucrative. The acquisition of Logico Operations Group Limited and its wholly owned subsidiary G.M. Kane Sons Pty Ltd in June 2015 will surely yield good profits for CTI in the present year. The increase in the financing activity of the concern has put tremendous pressure on its interest coverage ratio as is visible above yet the same may be fruitful in the year 2016. The solvency ratios above portray a very dismal picture of the company but on studying the kind of acquisitions CTI Logistics Limited has made makes it a good investment option. The solvency ratio does not depict the company moving towards insolvency , it just shows that the present scenario is risky. It doesnt seem that the organization would have any liquidi ty crunches in the near future as per the result of the cash from operating activities and its current ratio position. Seeing its past performances it can also be relied upon the fact that the investments made in the current year would be in income generating assets which would justify the increase in the financing activities. Thus on reviewing the present performance and its past records, the stock has become risky but at the same time investors can think about pitching in their money for CTI Logistics seeing its current scenario. References Accounting Information: Chapter 13, The Cash Flow Statement and Decision, pp. 492-535. CTI Logistics Private Limited, 2016, viewed 28th April 2016.. CTI Logistics Limited, 2015, Annual Report 2015, viewed on 23rs May 2016.. Liston, H., 2014, How to read and analyse an Income Statement, viewed on 23rd May 2016. Quinn, M., 2010, How to Understand an Income Statement, viewed on 23rd May 2016.
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