Wednesday, May 20, 2020

Billabong International Limited Financial Analysis Essay

Billabong Financial Analysis 1.0 Introduction This report shows the financial analysis conducted for Billabong international Limited and analyses the financial situation of Billabong over a five year period ending June 30, 2015. The report was prepared using the financial reports prepared by the company for financial years 2011-2015 as given in the references section. 1.1 Company Background According to Billabong International Limited financial report 2015 (3), the group company deals in the retail and wholesale business of products ranging in the categories of skate, hardware, accessories, surf and finally snow and sports apparel. The brands associated with the company include Billabong, RVCA, Element, Honolua, Von Zipper, Xcel, Kustom, Sector 9, Palmers and Tigerlily. The company operates in three continents namely Europe, Asia Pacific and Americas with about 404 retail shops at year ending June 30, 2015. The listings of various shops include: Australia (123 stores), South Africa (27 stores), New Zealand (30 stores), Europe (102 stores), Japan (46 stores) and North America (60 stores). The company also engages in online retail ecommerce where it sells its products online and this is expanded for each of the company’s brands. Billabong’s strategy that has ensured the company remains competitive over the five years from financial year 2010/2011 to 2014/2015 is supported by the company focusing on the key strategic priorities of the company which include: the brandShow MoreRelatedBusiness And Strategic Analysis Of Industry Wide Factors1418 Words   |  6 PagesBusiness and Strategic Analysis Industry-wide factors Kathmandu (KMD) main operation is in Australia and New Zealand, and they have recently established their operation in the UK market. Industry wide, sport equipment generally seasonal, in Billabong, their sale would be higher in summer, while for KMD, the sale results for the whole financial year is directly dependent on sale in Winter and Easter. (Kathmandu Holdings Limited, 2015) The seasonal nature of the industry also means that a larger portionRead MoreEssay on Billabong Analysis2133 Words   |  9 Pages Table of Contents Table of Contents 2 Chapter 1: Company Profile – Billabong International Ltd 3 1.1 Overview of Billabong 3 1.2 Financial Analysis 3 Chapter 2: Identification and evaluation of Billabong’s global strategy 4 - 7 2.1 4 P’s 4 - 5 2.1.1 Product 4 2.1.2 Promotion 4 2.1.3 Price 5 2.1.4 Place 5 2.2 SWOT Analysis 6 2.3 Current Target Market 7 2.4 Reasons for Billabong’s international expansion 7 Chapter 3: Identification and evaluation of the external environment Read More5910 Assignment 20103618 Words   |  15 Pagesï » ¿BILABONG Australia - financial statement analysis assignment ACCT 5910-Business Analysis and Valuation Contents Executive summary†¦Ã¢â‚¬ ¦............................................................................................................3 Executive summary The purpose of report is to provide a comprehensive analysis of Billabong International Limited. This report is primarily based on a trend analysis of Billabong’sRead MoreBillabong Case Study10465 Words   |  42 PagesIntroduction Billabong International Limited (BBG) produces surf wear, sports apparel and accessories for the surf, skate and snowboard markets (Macquarie, 2012). The firm recorded an 18.4% decrease in net profit to A$119.1 million in 2011 (Billabong Shareholder Review 2010/2011). After intense acquisition efforts, which saw Billabong buying over 11 brands (Appendix A), the company was forced to undergo a major restructuring, closing 150 stores and cutting 400 jobs worldwideRead MoreBillabong International Ltd9805 Words   |  40 PagesBILLABONG INTERNATIONAL LTD Completed as part of the requirements for ‘Corporate Finance’, 25765 Contents 1.0 Introduction 1 2.0 Executive Summary 1 3.0 Capital Structure 2 3.1 Types of Funding Utilised by Billabong 3 3.2 Recent trend in the level of leverage 3 3.3 Capital expenditure and financing: 5 3.4 Capital Structure of Similar Firms 6 3.5 Company Characteristics and Leverage policy 7 3.5.1 Taxes 8 3.5.2 Trade off Model 8 3.5.3 Pecking Order of Financing Choices 9 3.5.4 SignallingRead MoreBillabong Case Study3896 Words   |  16 PagesBillabong Case Study Managing Change HISTORY ↠ Australia’s largest surfwear manufacturer, annual sales = $680 million (2003/04) ↠ Core business = marketing, distribution and retail of clothing, accessories and eyewear ↠ Sells products under other brand names including: †¢ Element (Skate wear) †¢ Von Zipper (sunglasses) †¢ Honolua Surf Company ↠ Founded in 1973 – by Gordan and Rita Merchant ↠ Reputation = supplyingRead MoreAustralian dollar Essay2280 Words   |  10 Pagesdollar (USD) benefit Billabong in two folds, strengthened price competitiveness and translation advantage. Firstly, the Americas segment accounts for about 50% of Billabong’s sales revenue in 2008 and 2009. (Appx.1) In case of depreciation of AUD against USD, the price of imported surfwear to the U.S. in terms of USD will decrease. The US importers demand more for Billabong’s products. The sales increases from the strengthened price competitiveness. Secondly, when Billabong received payment fromRead MoreThe Impact of Assets Impairment on Company Accounts4687 Words   |  19 PagesDue date: 24th August 2012 Submitted date: 24th August 2012 Executive Summary The study ‘The Impact of Assets Impairment on Company Accounts’ presents the cotemporary issues facing by major five Australian companies Qantas, Ten Networks, Billabong, Bluescope steel and Harvey Norman. This research mainly deals with controversies surrounding the recent introduction and application of ‘fair value’ measurement system by the IASB and AASB. The author refers an article written by Adele FergusonRead MoreMarketing Case Study on Nixon6117 Words   |  25 Pagesinto the watch  designs which the company so loving crafts. The design team then take this and draw influence from the world of sport, music and art and create some very cool watches. PART 2: Marketing Environmental Analysis 1. Macro-environmental Analysis Technological In terms of watches, with improvements in technology the usage of clocks on numerous devices makes it loose its practicality. The main examples that people turn to today are phones, ipods and computers. These devicesRead MoreCorporate Governance Evaluation of David Jones Ltd, Billabong International Ltd, Ten Ltd and Energy World Corporation Ltd5766 Words   |  24 Pagesquality of each of the four companies, as well a brief description of the company. Section 3 shows our firm’s conducted comparison of the four corporate governance structures. The final section includes the bibliography and appendix which supported our analysis. Corporate Governance Assessment Model Factor 1: Structure the board to add value Regardless of whether corporate governance is interpreted in its narrowest or broadest sense, the definition fundamentally stems from the concern to protect all

Monday, May 18, 2020

Conducting Business with Australia Essay - 654 Words

As being the worlds smallest continent and the sixth largest country with the lowest population density in the world, Australia is often overlooked as being a major place to conduct business with. However, over the years Australia has proven itself to be an appealing and profitable market for American companies, with its few barriers to entry and straightforward business culture. Australia is relatively easier for the United States to conduct business with than other countries such as China, France, etc., as there is no need for translators. Australians speak English, although it does have a distinctive accent and vocabulary. The first step in conducting business with Australia is making an appointment. Appointments are easy to†¦show more content†¦If women wear too much jewelry and/or makeup, it can be seen as extravagant and trying to show off. Australians are always glad to explain the dress code to anyone who is unsure. Australians are tolerant if someone from anoth er country chooses to wear his or her national dress. When conversing with Australians, one should always make direct eye contact, as they consider it a sign of respect and indication that the person is listening. Long introductions are not needed. Australians like to focus on the task at hand and talk business from the beginning. Negotiations are usually short and to the point. Written agreements are relied on when doing business to prevent misunderstandings and other potential problems. Australians do not hesitate to say no. They communicate directly and are always straight-forward. Most subjects are fine to converse with Australians about, though a few can be controversial. Acceptable subjects to talk about are sports, the weather, or anything related in a positive way to Australia. Religion, politics, and sex should not be brought up. Australians have a tendency to find arguments and opinionated conversation entertaining, so views should always be expressed if they are sincere and informed. Topics that should be avoided include migration and aboriginal issues. Aboriginal issues deal with indigenous Australians that were dispossessed of their land, and in some cases abused and murdered. Topics likeShow MoreRelatedCase Study : Master Of Engineering1124 Words   |  5 PagesEfficiency Improvements †¢ Quality Management Systems (QMS) †¢ Procedure Management †¢ Safety Training Programs †¢ Industry Benchmarking †¢ Staff Management †¢ Establishing Procedures Knauf Plasterboard (Australia) Pty Ltd Oct 2013 to Aug 2015 PERFORMANCE SUPERVISOR - Process, Quality Environment Knauf Australia, is a part of Knauf, leaders in lightweight construction materials with two manufacturing facilities in Matraville (Sydney) and Altona (Melbourne), 220 employees and a national distribution PlastaMastaRead MoreStrategic Management.Pdf1654 Words   |  7 Pages Strategic management Robbins, Bergman, Stagg, Coulter: Management 4e  © 2006 Pearson Education Australia 4 Robbins, Bergman, Stagg, Coulter: Management 4e  © 2006 Pearson Education Australia 5 Why strategic management is important 1. 2. The strategic management process It results in higher organisational performance. It requires that managers examine and adapt to business environment changes. It coordinates diverse organisational units, helping them focus on organisationalRead MoreTaiwan s Economic Impact On The Economy1429 Words   |  6 Pagespresidency. Taiwan’s democracy index ranked No.31 in 2015, compared to US No. 20, Australia No. 9. Taiwan’s democratic history leads to higher level of integration with the international economy. Democratic societies tend to have more open economies (Thacker, 2007). Democracies are willing to trade with other democracies. Under this favorable environment, Bellamy’s organic from Australia seems to develop a promising business future in Taiwan. In terms of legal process, foreign businesses are allowedRead MoreThe Importance of Business Communication1175 Words   |  5 PagesBusiness Communication Aussie Sportswear International Ltd 54 Oxford Road, Perth PK3 4RG Tel: 00 61 223 123 45 Fax: 00 61 223 765 43 Email: info@aussiesportswear.com September 5, 2012 Li-Ning Sporting Goods Ltd 69 Minchu Street Shanghai SW7 6AW Dear Mr. Wong Li Chang Inquiry for Purchasing Sportswear We at Aussie Sportswear pride ourselves of our quality sporting products and for meeting the needs of our valued customers. Our market share in Australia is 38 percent with a network of 30 outletsRead MoreThe Australia-Japan Partnership1802 Words   |  7 PagesThe Australia–Japan partnership is one of Australia‘s strongest and most mature international trade relationships. The success and strength of the partnership can be attributed to the commonly held values of both countries, including a commitment to democracy, human rights and the rule of law, along with similar approaches to international security. Japan forms Australias second-largest export market and third-largest source of foreign investment. Australia is a critical supplier to Japan of cleanRead MoreReport on Auditing Issues of West Point Group of Industries in Australia1683 Words   |  7 PagesExpectation Gap 5. ASIC Action against KPMG West Point 6. Conclusion 7. References Executive Summary: West point group of companies was an Australian based company which was carrying on Property development business throughout Australia. For extending its business, West point Secured loans from many banks but it topped up those secured loans with risky, unsecured mezzanine financing that it received from rich financial planners in a result of which it collapsed in January,2006Read MoreA Study Of Business Activities That Cross National Boarders And The National Governments Essay1695 Words   |  7 Pagesâ€Å"International business is the study of business activities that cross national boarders†¦ and the national governments that regulate them† (Behrman Grosse, 1992, p. 93). As well as briefly defining international business the above quote highlights that it is severely impacted by policy makers. It is important to investigate the relationship between the government and firms which undertake business overseas, in order to understand how and why governments intervene in international business. In recentRead MoreChinese Relations Between Chinese And American Businesses912 Words   |  4 Pagestogether more closely. Despite the anti-Chinese rhetoric that is common in politics, the fact remains that the globalization of business will see the Chinese and Americans crossing paths and working together. Due to the hyperb ole involved in politics, myths are common involving Chinese business practices. A closer analysis will likely dispel the common myths involving business practices in China. One common myth is the perceived power distance in China. It is common to think that the power distanceRead MoreEssay On Immigration1365 Words   |  6 Pagesthe more important aspects of working in Australia as a foreign worker would be acquiring the appropriate visa so that one may legally reside in Australia. When considering which visa would be appropriate, ‘Temporary Work (Skilled) visa (subclass 457)’ and ‘Employer Nomination Scheme (subclass 186)’ are two visas that may be suited to this situation. ‘Temporary Work (Skilled) visa (subclass 457)’ is a visa that will allow an individual to reside in Australia for up to four years working in a positionRead MoreCorporate Social Responsibility : An Examination Of The Performance Of Toyota Motoring Corporation Australia1383 Words   |  6 PagesToyota Motoring Corporation Australia Milton Friendman genuinely believed that the business of business is business and that practices outside the interests of the shareholders, employees and customers were issues of public services and not the responsibility of the executive (Friedman, 1970). What does this mean for the impacts when your company is the last major player in a dying industry? The story of what is and has happened behind Toyota Motoring Corporation Australia (TMCA) in recent years is

Wednesday, May 6, 2020

Colored People, by Henry Louis Gates Jr. - 1745 Words

One of the most influential and enlightening scholars in contemporary academics who focuses primarily on African-American issues, both from the past and the present, is undoubtedly Henry Louis Gates, Jr. Born in 1950 and raised in the small, middle-class, colored community of Piedmont, West Virginia, Gatess acclaimed 1995 autobiography, Colored People, brings readers to a place and time in America when both the racial boundaries and the definition of progress were changing weekly. Colored People, however, is not about race specifically. Rather, it is a story which chronicles how his family existed during a unique time in American history -- a time when attempts at desegregation were just beginning. Starting with a preface that†¦show more content†¦When the depictions of the Gates and family and the Coleman family -- which show how although being colored was no disgrace, also show of it was awfully inconvenient -- are taken together, we, as readers, get a sense of the fre edom that integration offered, but also the fear of the future that African-Americans sensed, for they -- as one would expect -- found it difficult to leave behind the life they knew for a new, uncertain one. In fact, recent decades have proved that the fear of uncertainty that Gatess relatives had was reasonable. Take, for example, affirmative action, which was a result of integration. The greater civil rights that it was supposed to trigger did not happen. In fact, because those most in need still lacked competitive resources that would allow them to take advantage of the opportunities for individual advancement available in a more meritocratic society, the most economically deprived of African-Americans benefited little from affirmative action (Gross, 71). This statement referencing our current situation in post-integration America most definitely supports the fears that the Gates and the Coleman family had back in the 1950s and 1960s. In addition to seeing concrete examples -- from members of both the Gates and theShow MoreRelatedColored People by Henry Louis Gates Jr.643 Words   |  3 PagesI feel there are many reasons that Henry Louis Gates Jr chose Colored People as the title of his memoir. I think the word Colored in the title was used to group everyone as a whole. The word Colored was also used to self identify different races inside and out of Piedmont. I think he used People to say that everyone matters no matter where you hail from. The word Colored and the word People have two different meanings alone. But put the two together they become a powerful piece to theRead MoreHenry Louis Gates Jr.1976 Words   |  8 PagesRustick English 3080 7 February 2016 Henry Louis Gates Jr. Henry Louis Gates Jr. is the Director of the Hutchins Center for African American Research at Harvard University, and an esteemed Alphonse Fletcher University Professor. According to his Harvard University profile he is an â€Å"Emmy Award-winning filmmaker, literary scholar, journalist, cultural critic, institution builder†¦and the recipient of fifty-five honorary degrees and numerous prizes.† Professor Gates was also the first African AmericanRead MoreAnalysis of Henry Louis Gates Jrs Whats in a Name?1132 Words   |  5 PagesWhats in a Name? Henry Louis Gates, Jr. What really is in a name? Apparently, there is a lot. In Henry Louis Gates, Jr.s story, Whats in a Name, there is a telling story about a young boy learning the powerful pain and humiliation in the racist practices of American society. Gates illustrates how racism can perpetuate prejudice that aims to take away individual identity and put entire groups of people down. Yet, the fact that Skip was willing to never look Mr. Wilson in the yes again showsRead More Names and Titles in Gloria Naylors novel, Mommy, What Does Nigger Mean1444 Words   |  6 Pages degrade. Society implies the people and the atmosphere encompassing an individual in her daily life. Culture is closely tied to the society of a person--it is the aspects of her life which are directly influenced by such issues as race, color, nationality, religion, sexuality, and any other number of things that mark a person as distinct. Culture, though an integral part of everyones lives, is frequently misunderstood or seen as threatening by people outside of the group in questionRead More The Conveyance of Emotion in the Writing of Zora Neale Hurston1668 Words   |  7 PagesThe Conveyance of Emotion in the Writing of Zora Neale Hurston Sharpening Her Oyster Knife: I am not tragically colored. There is no great sorrow dammed up in my soul, nor lurking behind my eyes. I do not mind at all. I do not belong to the sobbing school of Negrohood who hold that nature somehow has given them a lowdown dirty deal and whose feelings are all hurt about it....No, I do not weep at the world -- I am too busy sharpening my oyster knife. Read MoreSignificance of the Harlem Renaissance817 Words   |  3 Pagesthrough art and literature, in an effort to create an identity for themselves equal to that of the white Americans. Many writers influenced this period with their works, and African Americans gained their rightful place in American Literary history (Gates Jr. and McKay). The Harlem Renaissance was the period of time between the end of World War I and the middle 1930s depression. Also called the New Negro Renaissance, it was a period in history when talented African American writers produced volumes ofRead MoreWomen Organizers in the Civil Rights Movement2163 Words   |  9 Pagescomplaining about discrimination economic and political self sufficiency. Women took up the initiative to participate in these movements. This situation later led to serious confrontation between government authorities and activists. Thousands of people took part in the civil right movement of that period especially in the United States. The key leaders of the campaign, include; Martin Luther King, Malcolm X, Stokely Carmichael, Rosa Parks, James Meredith and Medgar Evers, played crucial roles forRead MoreWomen Organizers in the Civil Rights Movement2170 Words   |  9 Pagescomplaining about discrimination economic and political self sufficiency. Women took up the initiati ve to participate in these movements. This situation later led to serious confrontation between government authorities and activists. Thousands of people took part in the civil right movement of that period especially in the United States. The key leaders of the campaign, include; Martin Luther King, Malcolm X, Stokely Carmichael, Rosa Parks, James Meredith and Medgar Evers, played crucial roles forRead MoreLetter from a Birmingham Jail Analysis1025 Words   |  5 Pagesâ€Å"A Letter from Birmingham Jail† by Martin Luther King Jr. was written in the margins of a letter posted by the clergymen of Alabama at this time that sparked his interest and while he inhabited the jail cell for parading around without a permit. This time allowed him the ability to respond wholeheartedly to this cynical oppressing. King’s letter addresses specific points presented in the Clergymen’s and this direct response distinguishes King’s strong points through his powerful writ ing.   UnethicalRead MoreAchievement of the American Dream of an African American Family in The Cosby Show1801 Words   |  7 Pagesraces–an image that most Americans understood as inaccurate. In the 1980s, most African Americans lived below the poverty line and primetime television hesitated to present that challenged ideology of the American Dream to the viewing public. Henry Louis Gates Jr. argues, in Color Adjustment, that the Black urban sitcoms demonstrated both the greatest potential for representing Black life in television’s history and also the greatest failure. Residing comfortably in a Brooklyn brownstone, the Huxtables

The Battle Of The Civil War - 1233 Words

It is evident that the Civil War helped shape America into the country it is today. The strong factional division -based on slavery- between the Union and the Confederacy guaranteed certain achievements of both sides. Much of what we consider history today remains a part of the outcome from these multiple bloody battles. Activist John Muir of the Civil War-era stated, â€Å"the traces of war are not only apparent on the broken fields, burnt fences, mills, and woods ruthlessly slaughtered, but also on the countenances of the people† (page 535). Changes were noticeable throughout the nation. Due to the Civil War, the United States advanced its technology, showed true power from a federal, and how sympathetic political understanding helped the nation. Technology today has made huge bounds since the Civil War era, but nevertheless, that does not dampen how important technological advancements were during that time. Canned food gained popularity in the Navy during the late 1850s, but quickly became yearned for during the Civil War. Frontline soldiers needed nourishment that would not be a nuisance to carry, or to worry over spoiling. Efficiency remained key during long trips far from home. Condensed coffee, cider, and evaporated milk soon took the place of spoiled bread and/or fruit. The desire to keep memories of loved ones gained prominence with the boom of pocket watches. Time keeping before, during, and after battles was deemed needed as well. Without doubt, new militaryShow MoreRelatedThe Battle Of The Civil War1127 Words   |  5 Pagesshaken by the Civil War because some states wanted to separate themselves from this unity that had lasted for approximately 100 years. The American Civil War is a historic affair and one of the bloodiest battles in history of the US (Engle, Krick, 2003). It is considered one of the bloodstained happenings in the history of the US because more than 600, 000 people died. A majority of this number were soldiers. This fatal battle happened between the years 1861 to 1865. The Civil War emerged becauseRead MoreThe Battle Of The Civil War Essay1424 Words   |  6 PagesThroughout the years 1861 to 1865 the American Civil War took place and it is known as Americas bloodiest war. The cause of the Civil war was the debate between free states and slave states over the government trying to prohibit slavery. In 1860 Abraham Lincoln became president of the United States and ran on the platform to keep slavery out of the new unclaimed territories of the United States. Once Lincoln became president seven southern states seceded from the Union ultimately creating the ConfederateRead MoreThe Battle Of The Civil War1073 Words   |  5 PagesThe Civil War was a war that was thought to would have lasted no longer than ninety days. After all was said and done, the war lasted more than four years and claimed tens of thousands of lives of both The Union and The Confederate States. There were several battles fought on Northern and Southern soil, battles that forced blo ody mortal combat between brothers in the fight for equality amongst all men. It tested the strength of the foundation that the United States was built upon. The Civil War wasRead MoreThe Battle Of The Civil War960 Words   |  4 PagesHave you ever wondered why the Civil War happened or why it was so substantial to American History? What was the battle that changed it all; that made it the history it is today? Many people have made speculations on the causes of the war and what the major turning point was, but cannot really narrow it down. In James McPherson’s Crossroads of Freedom: Antietam he points out the pivotal moments in American history that led up to and changed the Civil War, so that the reader can get a better insightRead MoreThe Battle Of The Civil War1666 Words   |  7 PagesThe Civil war was one of the biggest turning points in United States history. The nation’s failure to compromise on the subject of slavery led to an outbreak of war. Battles such a s Gettysburg, Vicksburg, and Shiloh led to what we know of today as a free nation. Great technological advancements in weaponry led to mass casualties among both north and south, often making death inevitable. Those who bravely served and those who were forced to serve lived a life of fear, starvation, and commitment toRead MoreThe Battle Of The Civil War1191 Words   |  5 PagesWhen the Civil War started both sides thought the war would be over by Christmas. But little did they know this small war would turn into the deadliest war in American history. The Civil War was fought between the Confederacy and the Union. The Confederacy was consisted of Southern states that did not agree with the views of the Union states. After years of sectional differences in the United States between the north and south, tension between the states grew and a war between the north and southRead MoreThe Battle Of The Civil War1197 Words   |  5 PagesMarianna, FL. The battle will be virtually unkno wn in the history of the Civil War, but its success marked the longest successful incursion of Union troops into Florida (Cox, 2014). This raid had two goals; the first was to rescue the reported Union prisoners and the second was to liberate and enlist any slaves that were found along the route (Calvin, 2014). The prisoners were not located, but more than 600 slaves were liberated along their route (Cox, 2014). The subsequent battle did not last longRead MoreThe Battle Of The Civil War1163 Words   |  5 Pageshad already decided to secede from the Union. Those 7 states started the Confederate States of America, run by their own President, Jefferson Davis. This same issue was the catalyst for the Civil War which started on April 12, 1861. One of the major and well-known battles of the Civil War was the Battle of Gettysburg. It was on this backdrop that Abraham Lincoln delivered a speech that is â€Å"universally recognized by historians and scholars alike as the most famous and most important speech everRead MoreThe Battle Of The Civil War1736 Words   |  7 PagesAbstract: As the first major battle of the Civil War the First Battle of Bull Run was an end to the illusions of a quick war and instead offered a first glimpse into the long and bloody four-year struggle the Civil War would become. In this paper the battle and its many repercussions across the political, social and military spectrum of the Union and Confederacy will be explored. Background: With the formation of the Confederate States and the outbreak of hostilities at Ft. Sumter only a few monthsRead MoreThe Battle Of The Civil War1133 Words   |  5 Pagesfierce battles were fought to secure the rights and freedom of both men and women, irrespective of their religion, gender, and race. Of all of the battles, the American Civil War stands out. Divided into the Union and the Confederacy, the American civil war broke out after the southern states seceded due to slavery that spread in many parts of the country. The Civil War began in the year 1861 and ended four years later. The end result was the Union becoming victorious in 1865. The Civil War was a

Specific Actions To Reduce The National Debt free essay sample

Essay, Research Paper . Introduction Did you know that the last clip the United States of America spent within their budget was 1969. Since so, our state has spent more money each twelvemonth than it has collected in grosss. The difference, the money that must be borrowed to bridge this spread yearly, is called the budget shortage. The sum of money over the usage over the old ages to finance our shortage is know as the National Debt. The National Debt additions by about one billion dollars every working twenty-four hours. Our debt presently stands at about $ 6 trillion. That enormous figure interruptions down to approximately $ 50,000 of debt per American household and over $ 20,000 of debt for every adult male, adult female, and kid in the United States. What will it take to acquire rid of this debt? Through out the old ages many different proposals have been suggested. Some have been extremist while others have been more conservative. It is no surprise that most people do non even blink when they hear these enormous debt figures. Most Americans have merely closed their eyes and ears when hearing and reading about this job. However, larning more about the debt and the shortage is to our benefit because it will impact how we live our lives today and in the hereafter. This term paper will analyze what changes the authorities can make to cut down the national debt and shortage and the effects that will ensue if the job is non addressed. II. Body The causes of the debt A. The national debt is like a recognition card measure When I think of the national debt quandary in the United States I get reminded of a immature individual who gets a recognition card. This individual gets truly aroused and starts passing money everyplace. He does non care what he buys, he goes put shopping bargains everything he wants and even treats all of his friends. After all he can pay for it subsequently, right. Well, shortly after he gets his recognition card the measure arrives. And he can non believe the sum. However, he notices a small note at the bottom noting that the minimal sum due is $ 20. The child gets truly happy and tells himself he knew he did non necessitate to worry. However he did non read the portion that said there was 25 % monthly involvement charge and a $ 15 monthly finance charge. Paying with merely the minimal balance would take old ages to pay off the debt non to advert all the added cost he would hold to pay in involvement. . That individuals frivolous usage of the recognition card has led him to fisca l catastrophe. That brainsick adolescent with a recognition card can be seen as the United States who went all out at the beginning of his recognition history and ended holding to pay a enormous sum of money. B. Wars The roots of the National Debt can be traced back to the United States engagement in warfare. Throughout the history of the United States we have been involved in more so a smattering of wars. The United States besides acted as a large brother and aided states with both military aid and fiscal aid. Where did the United States get money to assist all these states? They borrowed money, of class. They increased our National debt. C. Governments hapless societal plans and munificent life style Assorted disbursement policies have contributed to our current shortage and debt jobs. For illustration much of the waste that the United States is accounted for comes in the signifier of subsidies and lop sided fiscal understandings. The authorities spends one million millions subsidising husbandmans by forgiving one million millions in loans, purchasing 100s of 1000000s of lbs of honey to shore up up commercial bee keepers, paying the electrical measures for casinos in Las Vegas, fabricating fertiliser, bring forthing He for military intents, purchasing land at good over the markets value, selling off immense office composites it seized as par of the S A ; L bailout at price reduction monetary values, and watering the farm land of multimillionaires in Central California. Were you besides aware that the # 8220 ; public assistance plan costs taxpayers $ 300 billion dollars a twelvemonth, but if the authorities wrote one-year cheques of $ 14,700 to all 7.7 million hapless households in the United States, it would be merely 113 billion dollars a year. # 8221 ; Another country of waste in the authorities is its munificent life style. The mean American would demo disgust if they knew about the private aeroplanes, limousines, wellness nines, and particularly retirement benefits that Washington functionaries have entree to. The list of unreasonable outgos that the United States authorities is eternal. Take for case the fact that # 8220 ; the authorities has spent over $ 3 billion in some old ages in ornaments # 8221 ; is genuinely hideous. The authorities besides uses 1000000s of dollars every twelvemonth to pay for parties! These are merely a sample of the things that authorities uses our revenue enhancement dollars to pay for. There are many other outgos that our authorities rather merely can make without. However, they choose to merely add it on to our national debt. D. Consequences of being in shortage There are some effects of holding a shortage. The most obvious would be that it increases the national debt. Higher debt causes higher involvement disbursals, doing it much harder to equilibrate the budget the following twelvemonth. Higher debt whether we like it or non finally forces higher revenue enhancements, cutbacks in federal disbursement or both. Higher debt causes bigger drains on the American economic system to pay involvement to people and establishments in other states. Defects tend to besides drive up involvement rates. Higher involvement rates moves private money from those that do non hold that much to those who have the most. From immature to old and from hapless and in-between category to rich. Higher involvement rates besides discourage the concern investing needed for economic growing. Higher involvement rates encourage aliens to allow us borrow money, doing the dollar more valuable, which worsens our balance of trade and costs Americans their occupations. As you c an see being in debt does hold harmful effects on everyone. Something has to be done, everyone must give a small right now to derive more subsequently. E. What can the authorities do to cut down the debt As mentioned before the United States does non look for the most economic ways to run the authorities. Inefficiency abounds in about every governmental operation. Waste and inefficiency are everyplace in authorities. Rather so ignoring of inordinate authorities disbursement, the authorities can repair it by placing and extinguishing waste and efficiency. The United States authorities must halt and smell the java. Year after twelvemonth they have pulled strings to make loopholes to purportedly equilibrate the budget. Moves like numbering the societal security grosss as excess, and over gauging grosss for the following financial twelvemonth, and pull stringsing payments day of the months to the convenience of the authorities have created even greater defects every twelvemonth. If the United States keeps on making this they will merely be gulling themselves. They might do things better in the short tally but in the long tally it will merely make more economic instability. They must halt running up a check and If the authorities want to equilibrate the budget and cut down the debt it must foremost analyse its major disbursement outgos. The most obvious would be the national defence. The national defence histories for more than 1/4 of the one-year budget. Yes, you read right 1/4! If anything is traveling to be done it must first get down out here. The authorities seems to prefer to be more of a macho hero than to assist out it # 8217 ; s people. Quite frankly holding such a large per centum off money allocated for defence is non necessary. For case if the United States authorities sacrificed merely a little more on military research and development, extinguish some types of tactical combatants and choppers, bound disbursement for support equipment such as trucks, office equipment, and preparation devices, or cancel Army arms that may be unneeded or uneffective it would salvage about $ 10 billion. Another country that could utilize alteration is the economic assistance that the Unites State provides Alliess and friends. The United States must halt moving like a large brother and halt assisting themselves. If merely one half of foreign assistance was cut in half it would salvage revenue enhancement remunerators $ 9 billion. Medicare is besides a dearly-won outgo in the federal budget. If new cost control steps were imposed to individuals with household incomes of over $ 35,000, Medicare would salvage $ 10 billion. Reorganizing aid to the hapless would besides salvage the authorities alot of money. For case it can re-evaluate who can and can non acquire authorities aid. An illustration of a proposed decrease could be that public assistance be merely given to people who are physically incapable of working. This would salvage an estimated $ 25 billion yearly The federal authorities provides over $ 100 billion a twelvemonth to province and local authorities. If the United States authorities were to extinguish undertakings with chiefly local impacts, such as local economic development and money to run local coach and subway systems it would salvage $ 20 billion dollars. It is true that everybody hates to hear about revenue enhancements. However, if the shortage and national debt are traveling to be reduced they must besides play an of import function. For case if the gross revenues revenue enhancement in every province was increased by merely one per centum it would add $ 15 billion to pay for the debt. Another option would be to # 8220 ; freezing # 8221 ; authorities disbursement. This does non intend to halt authorities disbursement wholly, but merely to non increase it any farther. As you have read it is possible to cut down the authorities debt. However, the authorities must first cognize that we care. F. What you can make to cut down the national debt So frequently when we hear of economic jobs and authorities determinations, we close our eyes and ears. Our vision is confined to our little, private universes. We tend to take the attitude that we can make nil about it. The antonym is closer to the truth. There is about nil you can non make. Make non of all time bury that we live in a democratic society that depends on our engagement. The solutions to our jobs are non in the authoritiess custodies but in our custodies. We must foremost be cognizant of what the job is. We need to understand the badness of a debt of $ 6 trillion. We must be informed about the hidden debts that our authorities does non readily unwrap us of. And we must be educated about how we pay the debt through revenue enhancements and rising prices in our day-to-day lives. We must back up our local congresswoman and senators. They will listen to our counsel if we offer it. After all they depend on electors ballots to remain in office. We must allow them cognize we care how they spend our money. The authoritiess instinct is to pass, neer to salvage. We need to administrate daze intervention to our elected representatives through letters. Many times a few letters will hold a great affect on the base a congresswoman will take and so subsequently ballot. We should show them an sentiment on specific budget-cutting options, so we can supply some input on some picks we might prefer. Another thing you can make is fall in with others. Organizations already exist that address the issue of diminishing the national debt from a assortment of political positions. III. Decision This paper has examined the roots of the current debt and shortage, analyzed the disbursement policies which have contributed to the job, and discussed some of the solutions that the authorities can take and that you can take to cut down the national debt. With the fact presented it is clear that the national debt can be reduced. It will take planning and forfeit in the portion of everyone. Failure to take these actions will merely prorogue our authoritiess need to come face to face with its wont of disbursement money which it does non hold. If this is non taken earnestly already serious economic and societal jobs will neer solved, and will merely do things worse for our hereafter generati

Health Advancement and Promotion for Macrocycle- myassignmenthelp

Question: Discuss about theHealth Advancement and Promotion for Macrocycle. Answer: Analysis of the Macrocycle If Matt feels that he cannot complete his training session because it is too difficult for him to complete then I will reduce the weight of his barbell. His current one rep max is 315 lbs (143 kg approx). So to start initially I will initiate with an increase in 1 kg (317 lbs). According to Tobin (2014), testing the motion of the participant both before and after a slight increase in weight of the barbell will help to frame a proper weight increase framework. If Matt feels that the session is too easy for him, I will refer not to increase the load all of a sudden rather I will increase the number of repeats per week. Initially if there was one repeat then I will make it 2 repeat. This is because, sudden increase in load in physical training like squat can increase the chance of developing erector spinae muscle (Fletcher Bagley 2014). If I see that Matt is showing signs of over-training then I would introduce recovery week. Like every fourth week I will lower the both the volume and intensity of each squat. I might might also choose every alternative Wednesday or Sunday with light recovery exercise and no weight lifting. This strategy is popularly termed as periodization. According to Painter et al. (2012), daily undulating periodization via employing daily alteration in repetitions is regarded as the superior method of training. The main reasons that must be cited as the reason for over-training include: high volumes of endurance, training, daily intense weight-lifting or sudden drastic increase in intensity of exercise routine. According to Mekary et al. (2015), daily intense weight lifting breaks down the muscle and this sudden breaking of the muscles if not properly aligned with the rest and nutrition replenishment then it leads to the development of extreme fatigue, nausea, lack of energy and motivation. I will not include AMRAP (as many repeats as possible). According to Baechle and Earle (2012), heavy resistance exercise puts extreme strain over the body. The mucoskeletal system of the body is extremely adaptable and this the muscles and bones get stronger when they are stress. This ensures that body is getting immune to perform similar activities in the future. However, there is a limit this stress over the body as extra stress and load over the body can leads to organ malfunction. Rigorous weight lifting for infinite repeat leads to hormonal disruption leading to atrophy of testes (Baechle Earle, 2012). If I found that Matt is not in a pace to hit 1 rep max of 330 lbs, I will plan his diet accordingly. According to Baechle and Earle (2012), a proper diet plan helps to recover fast between the sessions and thus helping to reduce the loss of the muscle mass. Moreover, a proper protein rich diet helps to increase stamina, endurance, energy levels and muscle strength. I will mainly recommend protein diet for Matt and this include animal protein (chicken, eggs, dish and dairy products) and protein from plat sources (beans, lentils, whole grains) References Baechle, T. R., Earle, R. W. (2012).Weight Training 4th Edition: Steps to Success. Human Kinetics. Fletcher, I. M., Bagley, A. (2014). Changing the stability conditions in a back squat: the effect on maximum load lifted and erector spinae muscle activity.Sports biomechanics,13(4), 380-390. Mekary, R. A., Grntved, A., Despres, J. P., De Moura, L. P., Asgarzadeh, M., Willett, W. C., ... Hu, F. B. (2015). Weight training, aerobic physical activities, and long?term waist circumference change in men.Obesity,23(2), 461-467. Painter, K. B., Haff, G. G., Ramsey, M. W., McBride, J., Triplett, T., Sands, W. A., ... Stone, M. H. (2012). Strength gains: Block versus daily undulating periodization weight training among track and field athletes.International journal of sports physiology and performance,7(2), 161-169. Tobin, D. P. (2014). Advanced strength and power training for the elite athlete.Strength Conditioning Journal,36(2), 59-65.