Thursday, September 3, 2020

LITERATURE Essay Example | Topics and Well Written Essays - 2500 words

Writing - Essay Example While by and large the finish of the First World War can be viewed as the beginning of the pioneer custom in writing, finish of the Second World War stamped inception of the postmodernism. The journalists of innovator custom, subsequent to encountering the extreme move from sentimental conventions which likewise was additionally exacerbated by incredible demolition of the First World War, endeavored to build up an all encompassing methodology that they viewed as a matter vital to take care of the common issues. The postmodernists then again embraced a significant unexpected methodology in comparison to that of the innovators and underscored on the assessment just as investigation of the various angles that develop life from in a divided way. Regardless of the way that postmodernists determined a lot of their motivation from pioneer qualities of composing, in any case, their endeavor to manage subjects of books in a divided and profoundly individualized way built up the center of post modernism. Such endeavors not just aided in the beginning of various sub-classes in the twentieth Century tale composing custom yet additionally helped perusers to get increasingly exact comprehension of the social, social, political and philosophical situation of the contemporary time. ... to workmanship and style of pioneer writing, advancement of well known writing and to which degree these two books, separately, have helped in understanding the types of postmodern presence in a superior manner. So as to build up the models for deciding the best novel of twentieth Century, it is imperative to comprehend both innovation and postmodernism as these two scholarly and philosophical orders have played the most significant parts in deciding the feel of the century, expounded the socio-social angles lastly help a peruser to comprehend the importance of writings with the two style just as socio-social measurements. The term ‘modernism’ has raised a lot of discussion, situation and debates among pundits of writing and such immense is its territory that regularly it gets hard to decide the real abstract philosophical element of the control. In this way, pundits like Malcolm Bradbury and James McFarlane, in their endeavors to decide innovation, have accentuated on t wo diverse â€Å"sets of association† (Gupta, 2005, p. 221). In the primary arrangement of affiliation they have opined is connected with â€Å"high tasteful reluctance and nonrepresentationalism, in which workmanship abandons authenticity and humanistic portrayal towards style, strategy, and spatial structure in quest for a more profound entrance of life †¦.† (Cited in Gupta, 2005, p. 221). This sort of affiliation helps in the beginning of test and imaginative expressions and continuously deconstructs the customary types of creative discernment just as portrayal as far as structure, fantasy and association. In the second sort of affiliation the pundits have endeavored to expound the reasons that brought about such changes. While on one hand the scholarly measurement

Saturday, August 22, 2020

Essay --

Jonathan Etra Teacher Eric Blanchard Worldwide Politics 13 February 2014 Word Count: 1331 Moving Paradigms: An Analysis of Conflict and Cooperation in International Politics When looking to comprehend the focal issues that on-screen characters face in worldwide legislative issues, there are no general devices, including standards and levels of investigation, that singularly represent the worldwide situation. Nonetheless, by using these instruments, political specialists can dissect circumstances autonomously and represent setting. Standards are articulations of the hidden suspicions utilized by a school of investigation, for example, authenticity, radicalism and constructivism (Nye and Welch, 62). The models regularly investigate levels of examination, which incorporate individual on-screen characters, states and the worldwide framework. Truly, while thinking about collaboration and strife in the global field, much accentuation has been set on pragmatist hypothesis. In any case, it appears that another time of mechanical advancement and quick globalization has brought forth new roads for progressivism to triumph. This change is best clarified through the perspective of constructivism. By investigating the differing appropriateness of the ideal models introduced, one increases a more noteworthy comprehension of the ever-developing worldwide field. To start with, it is imperative to think about the anarchic arrangement of states, the present type of world legislative issues. In the rebel framework, states are unboundedly autonomous and are neither committed to, nor secured by worldwide law (Doyle, 114). In what is regularly alluded to as the Westphalian model, states are political substances that have territoriality and independence. Territoriality implies that a state’s authority stretches out over a characterized region. Self-sufficiency surmises that outer demonstration... ... In any case, the inexorably related nature of the global framework has significantly expanded worldwide joint effort. While such collaboration can't guarantee harmony, it absolutely has made the expense of war a lot more prominent. Constructivism and progressivism, in contrast to the Hobbesian pragmatist point of view, consider moderating establishments while breaking down world request. They reason that self improvement hypothesis doesn't overwhelm and battle that when a framework is progressively social, laws, rules and standards assume a more prominent job. However, there are still circumstances in which the channels of lightening don't exist and the pragmatist point of view despite everything overwhelms. Eventually, while no general arrangement of examination exists, by looking into struggle and participation through fluctuating focal points, in particular authenticity, progressivism and constructivism, one can increase an extensive comprehension of worldwide legislative issu es.

Friday, August 21, 2020

The concept of Happiness according to Kant ( with the categorical imperative) and Mill (with the utilitarianism).

The idea of Happiness as per Kant ( with the clear cut objective) and Mill (with the utilitarianism). Kant versus MIllHappinessIn two words the idea of bliss embodies the American dream. Individuals go to any methods by which to acquire the many fluctuated materials and issues that initiate joys in every person, and at last at long last, the feeling remains a definitive objective. John Stewart Mills, a nineteenth century savant, accurately upheld the quest for joy, and kept up the idea that over every other worth, joy existed as the most extreme target. Factories advanced his perspectives on normal human inclination and his contentions supporting his hypothesis that to the exclusion of everything else, bliss was the most significant dream to be satisfied. In spite of the fact that Mills accepted so firmly in his concept of satisfaction, another savant, by the name of Immanuel Kant, proposes a counter contention dependent on the standards of transcendentalism. Immanuel Kant, in Groundwork of the Metaphysics of Morals, guards his solid convictions in the issue of a decent will.Mill St reet, WarwickIn my paper I will talk about the various cases made by every plant and Kant on bliss' job in moral life, and present the issue that reduces to a conflict among feelings and delights refrains soundness and logic.Kant's ethical hypothesis and Utilitarianism are comparative in the regard that the two of them endeavor to clarify how one can approach acting morally, anyway they contrast in regions of estimating profound quality and their use of rules. Both Kant and Mills measure profound quality in various manners. Kant says that a demonstration is considered good for two reasons: if it's accomplished for obligation and if its proverb can be willed as a general law. In the event that one finishes an activity dependent on their obligation to perform, they make the best choice since it is the thing that they believe they should carry out as their responsibility. Consequently, this demonstration would...

Monday, June 15, 2020

Women marginalization in the New Woman fiction Essaypilot

During the Victorian era, there was witnessed a shift in social attitudes towards gender relations. The transformation involved moving away from practices which enhanced male supremacy where males were seen as everything while females depended on them. In the fiction, the new woman by Dr. Andrzej Diniejko, Dr. Andrzej tries to explain challenges that women experienced in the past.There was a women question which was raised by Mary Wollstonecraft which greatly influenced the females. She passed her message through polemical writings where she urged women of the upper and middle class to pursue higher education and join professions which will help them become financially stable and independent. Another woman who brought up the female question was Charlotte Elizabeth who condemned the domestic feminism and industrial employment of women. She encouraged women to become active in public matters.[bookmark: _GoBack] The story shows various incidents where women marginalization in practices. The practice was common during the seventieth and eighteenth century. During this time females were not allowed to acquire higher education, they experienced domestic feminism. Women were also not allowed to own property as the traditions only allowed for men to own property. Females were not subjected to formal employment as they were just required to do domestic chores. In the education sector, there were no higher learning institutions for females. They also had no right to control their incomes since all the salaries they earned was forwarded to their husbands. Women between the age of twenty and forty who were unmarried were seen as social problems in the entire Victorian England. This is formal of women marginalization as the society required that all the women between the ages of twenty to forty were needed to get married. It reached to the extent that the unmarried women were shipped to the British colonies where a majority of the men were single. Women always had an oppressed position in both their marriages and societies. Women being dependent on their male partners had become a taboo. Women were considered as tools which were to be used by men for their benefits.However, we see things change as in the 1880s, and 1890s emerged a new woman. Women from different backgrounds came out to defend the rights of women. The modern woman is legible to own property, get formal employment, is independent regardless of whether he is married or not. We see different women coming out to defend the rights of other women like Millicent and Josephine. These two women showed the acts of courage and their willingness to protect the rights of their fellow females. Their efforts bare fruits because in 1882 British passed a rule which permitted women to pursue a bachelors degree in Arts. Also, female schools start opening up during that time an indication that things had started changing. The gospel about freeing up females was being spread out by militant women, writers, and educators. We see the rate of unmarried women increase during the second part of the nineteenth century which is due to women becoming independent and were able to support themselves. There are changes also on gender roles and consolidation of women rights. Redefining of gender roles led to the end of male supremacy.In the fiction, we see that women are now allowed to be single mothers, access to education and many other privileges.The actions which are taken by the Victorian authorities to end women marginalization bore a lot of fruits in the long run. Through it , women become compelling people in the society who could influence other people and who could make decisions which could help the community. Women start becoming novelists to spread the gospel about the rights of women although some men also participate in the move. The women novelists oppose the social norms which were imposed on women. They also complained about the representation of women in the nineteenth century. They fought the ideas that women were only meant for marriage and motherhood. The new women tried to change the perception which had been developed over a long time about the relationship between sexes. They also encouraged honesty in sexual matters. The new women are also in support of women taking their time to pursue a profession.In conclusion, the fight against women marginalization has led to better lives for women in the present day. Also, enactment of new laws and regulations have guarded them against oppressions which they used to receive from their male counterparts. We see in the present world women can hold or contest for an elective post. Some women have gone to the extent of becoming presidents of prominent countries in the world. Women are also environment conservatives who are leading the campaign about the importance of conserving our environment. Though the marginalization of females made them lag behind than men, the steps which are being taken are trying to reduce the gap as many laws are being passed which are helping women to grow both economically, politically and socially.Surname 1 StudentÐ ²Ãâ€šÃ¢â€ž ¢s name ProfessorÐ ²Ãâ€šÃ¢â€ž ¢s name Course Date Women marginalization in the New Woman fiction During the Victorian era, there was witnessed a shift in social attitudes towards gender relations. The transformation involved moving away from practices which enhanced male supremacy where males were seen as everything while females depended on them. In the fiction, the new woman by Dr. Andrzej Diniejko, Dr. Andrzej tries to explain challenges that women experienced in the past. There was a women question which was raised by Mary Wollstonecraft which greatly influenced the females. She passed her message through polemical writings where she urged women of the upper and middle class to pursue higher education and join professions which will help them become financially stable and independent. Another woman who brought up the female question was Charlotte Elizabeth who condemned the domestic feminism and industrial employment of women. She encouraged women to become active in public matters. The story shows various incidents where women marginalization in practices. The practice was common during the seventieth and eighteenth century. During this time females were not allowed to acquire higher education, they experienced domestic feminism. Women were also not allowed to own property as the traditions only allowed for men to own property.

Sunday, May 17, 2020

Impact Of Exchange Rate On Foreign Direct Investment Finance Essay - Free Essay Example

Sample details Pages: 5 Words: 1616 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? The main purpose of this paper is to find out the impact of Inter Bank Exchange Rate on Foreign Direct Investment Inflow in Pakistan. To determine the impact of Inter Bank Exchange Rate on Foreign Direct Investment Inflow two variables are to be selected that are Inter Bank Exchange Rate and Foreign Direct Investment Inflow. To test the hypothesis that Inter Bank Exchange Rate has a positive impact on Foreign Direct Investment Inflow in Pakistan. Don’t waste time! Our writers will create an original "Impact Of Exchange Rate On Foreign Direct Investment Finance Essay" essay for you Create order Regression Analysis technique is to be used. This research study will show the positive impact of Inter Bank Exchange Rate on Foreign Direct Investment Inflow in Pakistan. Sample data of last 19 years is to be taken to test the hypothesis. The main purpose of this research study is to find out relationship between Inter Bank Exchange Rate and Foreign Direct Investment Inflow in Pakistan. This research study will show the positive impact of Inter Bank Exchange Rate on Foreign Direct Investment Inflow in Pakistan. This research study will help investors in Pakistan to see that Pakistan is a growing market and it has potential for Investments. That investments will yield more profits. The international business literature, on the other hand, has in general observed that a devaluation by the source country will in fact make foreign investment less attractive, while a devaluation by the host country will make expansion of already existing foreign subsidiaries more profitable (Dufey). For example, Japanese experts often cite the early 1970s yen revaluations as a main reason for the expected surge in Japanese foreign investment (Litvak and Maule and Sherk). Makin has concluded that the 1960s view of the United States as a permanent capital exporter and (say) Germany and Japan as permanent capital importers may have been incorrect. He notes that the observed direction of flows could have been due to disequilibrium exchange rates a flow that would then be slowed or reversed by recent yen and mark upward revaluations and the dollar devaluation. This effect was also predicted much earlier by Houthakker. In keeping with this view, the modern theory of FDI since Hymer (1960), Kindleberger (1969), and Vernon (1966) stresses that FDI occurs not because of cost-of-capital differences but because certain domestic assets are worth more under foreign control. Klein and Rosengren find that, even after controlling for relative wages, a 1 percent increase in the foreign currency value of foreign stocks has roughly the same (statistically significant) impact on U. S. FDI inflows as a 1 percent depreciation of the dollar. In the last decade there has been an increasing interest in the link between foreign direct investment (FDI) and exchange rates. Two models, Cushman (1985) and Froot and Stein (1991), discuss the factors that might lead to a correlation between the value of the dollar and the level of foreign investment in the United States. Harris and Ravenscraft (1991), and Swenson (1993), have provided evidence that a depreciating dollar is associated with both higher flows of FDI into the United States and higher foreign takeover premia. Expected exchange rate changes can affect various aspects of the investment decision, including the timing of decisions (Kohlhagen 1977) and debt denomination (Cushman 1985). Cushman (1985) and Froot and Stein (1991) explore the factors that might contribute to correlation between the external value of the dollar and the level of foreign investment in the U.S. They have found that modeling a link between FDI and exchange rates would require some beliefs in the long-run and short-run deviation from PPP on the cross-border investment process. There is also a counter-argument that changes in exchange rates also affect the value of foreign direct investment (Lee and Sullivan 1995). The currency area theory, advanced by Aliber (1970) and Heller (1981), argues that a strong currency causes outflows of foreign direct investment and a weak currency causes its inflows. Thus, the corporation obtains a higher expected profit than it would have if it had not diversified internationally by foreign direct investment Grubel (1988). This argument suggests a positive correlation between real exchange rate flexibility and foreign direct investment. Bailey and Tavlas (1991) showed that exchange-rate risk has an ambiguous effect on the FDI of a risk-averse firm. Kindleberger (1969) argued that in order for direct investment to exist, there must also be market imperfections or government intervention. Otherwise, individual economies would produce only those goods and services for which they had a comparative advantage, and other goods would be provided through trade. Exchange rate fluctuations may also create incentives for foreign direct investment, as multinationals stabilize profits by spreading exchange rate risk across countries (Rugman, 1979). Inflows of foreign investment can modernise and expand the stock of physical and human capital in the economy, helping to fill what Romer (1993) termed object gaps. LITERATURE REVIEW Article Number 1: Exchange Rate Changes, Profitability, and Direct Foreign Investment. This research study has been conducted by Steven W. Kohlhagen. The main purpose of this paper is to measure the major European exchange rate changes of the 1960s effected U.S. foreign direct investment. To conduct this research study data has been taken from tabulated data appearing yearly in the summary article in the survey of current business. The data collected for this research study was taken from the year 1957 till 1973. The results of the effects on U.S. Foreign investment of dummy variables representing all four parity changes are presented in research paper. The set of the four exchange rate changes taken together significantly explain total U.S. Foreign direct investment and U.S. Foreign direct investment in Europe and the EEC. In all three cases the coefficient has the expected positive sign and is significant. Article Number 2: Exchange Rates and Foreign Direct Investment: An Imperfect Capital Markets Approach. This research study has been conducted by Kenneth A. Froot and Jeremy C. Stein. The main purpose of this paper is to examine the connection between exchange rates and foreign direct investment that arises when globally integrated capital markets are subject to informational imperfections. These imperfections cause external financing to be more expensive than internal financing, so that changes in wealth translate into changes in the demand for direct investment. By systematically lowering the relative wealth of domestic agents, a depreciation of the domestic currency can lead to foreign acquisitions of certain domestic assets. We develop a simple model of this phenomenon and test for its relevance in determining international capital flows. A simple model in which relative wealth-and therefore the exchange rate has a systematic effect on FDI. Furthermore, additional support for our model over competing alternatives comes from the finding that shocks to wealth other than the exchange rate also help to explain U. S. FDI inflows. Article Number 3: Foreign Direct Investment, Exchange Rate Variability and Demand Uncertainty. This research study has been conducted by Linda S. Goldberg and Charles D. Kolstad. The main purpose of this paper is to emphasizes and explore the implications of short-term exchange rate variability for foreign direct investment (FDI) flows. Exchange rate variability had a positive and statistically significant effect on four of the six bilateral FDI shares: real exchange rate variability increased the share of total U.S. Investment capacity located in Canada and in Japan, and increased the share of Canadian and United Kingdom investment located in the United States. Article Number 4: Do Exchange Rate Changes Drive Foreign Direct Investment? This research study has been conducted by Kathryn L. Dewenter. This paper examines the robustness of prior test results with respect to the foreign investment measure, the exchange rate measure, and inclusion of a relative wealth proxy. This article has used a new transaction-specific data set to systematically explore the relationship between the value of the dollar, cross border acquisition flows, and takeover premia. The results confirm prior findings that a depreciating U.S. Dollar is associated with higher levels of foreign acquisitions into the United States and higher foreign takeover premia for U.S. Targets. The results go beyond these findings, though, to provide a richer understanding of the nature of the exchange rate relationship. These new findings provide a first step in distinguishing among the various FDI models. Article Number 5: Strategic Foreign Direct Investment and Exchange-Rate Uncertainty. This research study has been conducted by Hongmo Sung and Harvey E. Lapan. The main purpose of this paper is to investigate how exchange-rate uncertainty affects the foreign direct investment decision of a risk neutral multinational firm (MNF). Data are taken from MNF/ Local Firm by opening home plant, or by opening foreign plant and by opening both. The result shows that shows that when a MNF is in competition with a local firm, the exchange-rate volatility, by increasing the value of the option the MNF has to operate in several localities, effectively gives the MNF a strategic advantage that May force the local firm from the market. This result, though derived from different Premises, is analogous to articles that demonstrate that protecting a home market Can confer a strategic advantage in foreign markets. Finally, our results also indicate That increased uncertainty may, under certain circumstances, raise the value of Precommiting actions, a result that is counter to previous res ults. Data and Methodology Data: Variables: Independent Variable: Inter Bank Exchange Rate Dependent Variable: Foreign Direct Investment Inflow Hypothesis: Inter Bank Exchange Rate has a positive impact on Foreign Direct Investment Inflow in Pakistan. Sample size: Sample data of last 19 years is to be taken to conduct this research study. Data has been taken from the time period 1990 till 2009. Source: State Bank of Pakistan website (www.sbp.org.pk) Brokerage Houses www.oanda.com www.indexmundi.com www.kalpoint.com Economic Survey of Pakistan Model: FDI = o + 1 (Exchange) + Error Term Where, FDI = Foreign Direct Investment Inflow 1 (Exchange) = Inter Bank Exchange Rate Methodology: To test the hypothesis Regression Analysis technique is to be used.

Wednesday, May 6, 2020

Six Flag Example

Essays on Six Flag Assignment Financial ment Analysis a) LIFO method of accounting for inventory is re d into FIFO method as per the requirement of US GAAP. US GAAP requires the companies who use LIFO based accounting for inventories to show a disclosure for FIFO based accounting in the footnotes of financial statements (Investopedia, n.d.). The following is the formula which is used for restatement of LIFO into FIFO: FIFO inventory = LIFO inventory + LIFO reserve Cost of goods sold under LIFO based inventory is restated into the following way: COGS (FIFO) = COGS (LIFO) – Change in LIFO reserve However, Six Sigma uses weighted average method of inventory which does not incorporate the restatement of LIFO into FIFO or vice versa. b) LIFO liquidation is a process by which the companies can manipulate their financial footings. In case when the companies want to show lower amounts of profits and accordingly lower tax liabilities, they liquidate the older inventory. It means that the older inventory valued earlier at lower cost is liquidated into a relatively higher cost and thus increases the cost of production which makes the profits shrunk and reduces the tax liability. c) The LIFO liquidation makes the inventory valuation at a higher amount which thus reduces the inventory turnover (Jan, n.d.).. The higher the inventory turnover, the lesser will be the cost of holding the old inventory, the more efficient will be the utilization of funds. Due to LIFO liquidation, inventory turnover decreases and thus increases the holding cost resulting in increased utilization of funds. 3) a) Due to a change in the average useful life of an asset, it is not needed to restate the entire financial statements because change in the average useful life of an asset is not a change in accounting policy rather it is just a change in management’s assumptions (Investopedia, n.d.). In case of a decrease in the average useful life of the assets, the existing and future depreciation expense of the company will increase which will result in a decrease of net income. On the other hand, if the average useful life of the assets is increased, it will reduce the depreciation expense in the current and future years and thus resulting in higher profitability. b) Profitability ratios are highly impacted due to a change in the average useful life of the assets of the company. Most of the profitability ratios such as net profit margin, return on equity, return on assets etc. are increased if the average useful life of the assets is increased whereas they are reduced if the average useful life of the assets of the companies is shortened. 4) a) Expenses are mainly recognized based on two reputed methods of accounting i.e. cash based and accrual based. Based on cash, expenses are recognized in the financial statements when they are paid. However, based on accrual system of accounting, expenses are recognized when they are incurred, not when they are paid. Almost every corporation is required to follow accrual basis of accounting. b) As far as restatement of financial statement is considered due to expense recognitions, there is no need for restatement as the financial statements of the companies are already prepared on accrual based of accounting which shows that all the expenses amounts presented in the financial statements are recognized when they are actually incurred. 5) a) Fair value accounting and historical cost accounting basis, have become a common debate among finance professionals. When it comes to calculation, inventories and property, plant and equipment and assets and liabilities denominated in foreign currency are valued at historical costs. However, financial instruments (especially derivatives), revaluation model of property, plant and equipment and those economies which are hyper-inflationary are required to use fair value basis of accounting. On the other hand, investors always consider the fair values as the more meaningful source of their decision-making. For that reason, market share price of the company represents fair market value of the company, whereas for historical cost based valuation of the company, book values are divided by the no. of shares outstanding to arrive at historical value or book value of the company. b) Since the diversion from historical cost basis to fair value basis (e.g. cost model into revaluation model in case of PPE), is a change in the accounting estimate. In case of such change in accounting estimate, it is not required to restate the entire financial statements rather only the current year’s amounts are restated with the estimates that are currently applied. c) Fair value accounting at times becomes quite tough because it becomes even difficult to obtain the fair values of the assets and liabilities as the likelihood of over and understatement stays with this method of accounting. On the other hand, historical cost basis of accounting becomes useless for the stakeholders because past data does not reflect the existing financial performance and position of the company. In this way, both these models have their own pros and cons for their application and adoption. 6) Impairment of assets occurs when the management considers their assets to be impaired when carrying amount becomes higher than the recoverable amount Deloitte, (n.d.). In that case, the companies impair their assets and such impaired amount is charged as an impairment loss in the financial statements. However, when there are chances that the asset previously impaired, has a recoverable amount exceeding the carrying amount, then the amount of reversal is charged in the profit and loss account. Profitability ratios become better as a result of reversal of impairment as the net income of the company increases. 7) Marketable securities are the short-term securities that companies own as part of their liquid assets. Gains or losses arising on these marketable securities are stated in the statement of comprehensive income and ultimately equity side of the balance sheet is affected due to gains/losses in the marketable securities. 8) a) In order to hedge the unfavorable effects in the financial instruments, derivatives are used as a measure of hedging such movements. Financial assets and/or liabilities are created so that the unfavorable movements can be dealt with effectively, i.e. minimizing the financial risk of the company. These financial assets and liabilities are created in the balance sheet of the company. b) Derivatives are the chief sources of hedge instruments and generally, they are of four types, i.e. forward, futures, swaps and options. The calculation of the amount hedged is computed as the amount which derivative will drive at the time of exercising the derivative less the cost of purchasing the derivative. 9) a) Foreign currency exposures arise when remittance in foreign currency is to arrive or the payment in foreign currency is due. Downside risk of foreign currency holds in case of remittance and upside risk remains in case of payments. Generally, changes in foreign currency exposures are recognized in the profit and loss account (Weygandt, Kimmel, Kieso, 2010). b) Gains and losses due to foreign currency exposures are recognized in the income statements. Losses are expensed out whereas gains are recorded as the income. c) All four kinds of derivatives are used for mitigating the foreign currency risk exposure. Forward is a binding contract to buy or sell the foreign currency at the pre-agreed price at the specific date. However, counterparty default risk is present. Futures are the standard contracts maturing at a certain date but no counterparty risk is involved. For swaps, other party in the foreign currency with the same problem needs to be sought out for the execution. For options, in case of unfavorable movement of foreign currency, options are exercised otherwise they are lapsed. However, the premium amount is to be paid whether or not options are exercised. References "IAS 36 — Impairment of Assets."  Deloitte. N.p., Web. 15 Apr. 2014. . "CFA Level 1."  Investopedia. N.p., Web. 15 Apr. 2014. . "Inventory Turnover."  Investopedia. N.p., Web. 15 Apr. 2014. . Jan, Irfanullah. "Inventory Turnover Ratio."  Accounting Explained. N.p., Web. 15 Apr. 2014. . Weygandt, Paul D., Kimmel, Kieso, Donald E.  Financial Accounting: IFRS Edition  . Chicago: John Wiley Sons, 2010. Print.

Debut Albums and Happiness free essay sample

Happiness. What Is Happiness? Everyone has a different perception towards happiness. Throughout our life, each of us as human being had been struggling to find the key to happiness without realizing that the key to happiness is actually within us. Some might say that the rich are often the happiest because they have the most luxury. Others might say that the poor are often the happiest because they are poured with love and gratitude. We all should never use the rich and the poor as example in terms of happiness. Happiness is a state of being happy and the feeling of contentment.It is a fuzzy concept that can mean different things to each one of us. Everyone deserves happiness In their life. Open the door to your heart and let happiness bloom. Happiness is a little book of little things. The little things, at the end of the day offer the simple Joy we seek. We will write a custom essay sample on Debut Albums and Happiness or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page We often dont appreciate the little things in life and tend to focus on the much bigger ones. As we look back, those little things are the ones that could actually put a smile on our face. A friend that tried to keep us happy when were unhappy. Our mom cooking our favorite meal when were home from school.Our dad carrying us into our bedroom when we unexpectedly fallen asleep on the couch. Our class teacher giving us a sticker on our homework because we excelled In It. Having a star next to our name on the student board due to good behavior. All these little things gave us a moment of happiness. Enjoy the little things in life for one day we may look back and realized they were actually the big things. Happiness is being inspired and to be able to inspire others. Being inspired by John Greens The Fault In Our Stars was one of the best Inspiration Vive ever had and It gives me happiness. E of the best quote In the book Is The fault, dear Brutes, Is not in our stars, but in ourselves, that we are underlings. The quote was expressed as an idea that men themselves are responsible for their action. Same goes to us, we are responsible for our action, our action to seek for happiness, we are the only person who can make ourselves happy, were as happy as we chose to be. When we are happy, we are able to inspire others and it doubles our happiness because inspiring others give us happiness too. Happiness is like perfume, you cant pour It on others without getting a few drops n yourself.It means that we have to be happy In order to make the people around us happy. If were not smiling and being grumpy all the time, people will not be smiling at us too. There are hundreds of languages in the world, but a smile speaks it all. So, smile as the world revolve around you. Smile because theres so much to smile about. Smile as you might be somebody reason to smile. Start every day with a smile on your face with positive energy around you. You will not be only bringing happiness into your life, but you are also bringing it into the life of the people that are around you.Last but not the least, happiness Is found when we stop comparing ourselves to people. We have to start believing In ourselves. Believing In ourselves Is the first secret to success and happiness. Why do you want to compare yourself to others 1 OFF happiness within yourself. We are all equal in the fact that we are all different. Its alright to have a happiness that is different from others. Thats the purpose of life. To live a life that is different from the rest. As we grow old, we could all share the journey of our life Happiness. As a conclusion, theres happiness in every single thing in our life. Happiness is a journey, not a destination; happiness is to be found along the way not at the end of the road, for then the Journey is over and its too late. The time for happiness is today not tomorrow. Start appreciating all the little things in our life but never neglect the bigger ones. Get inspired and inspire others. Dont forget to smile, its free therapy. Believe in yourself and happiness will start to follow. Your happiness begins with the choice you make and the key to happiness lies within yourself. Remember, there is no way to happiness. Happiness is the way. Debut Albums and Happiness free essay sample How does a person know he/she has achieved genuine happiness? A person can tell that he/she has achieved genuine happiness once he/she has a positive perspective towards life. Such an attitude influences a persons manner of treating other people. Happiness is the key to a successful Journey In life. The Important role my family played taught me the satisfaction of love and not material things. Similarly, my friends taught me the Importance of being treated equally for we are born to be true not to be perfect. The unconditional love my family has shown me has truly shaped my knowledge of nine happiness. First, my family taught me that the satisfaction of happiness Is not through material things but the love shared with one another. For example, when I was young my aunt would always buy me toys and other stuff that would make me happy. As I grew up I realized that any material things wouldnt satisfy me because they are temporary happiness a person can have. We will write a custom essay sample on Debut Albums and Happiness or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page More importantly it made me realized that my family is more than enough for me. Additionally, my family also taught me that failure is a key to success, which leads us to happiness.For example, I eave always tried my very best at school but sometimes I dont meet my expectations and achieve my goals. Nevertheless, my family never makes me feel bad about my self and my grades. Instead they remind me that grades doesnt determine how good of a person or what kind of a person you are. In conclusion, true happiness is the love and acceptance that a family can provide. My friends are my second family who completes my happiness. First of all, my friends taught me the importance of being treated equally with one another. As for me, I have friends that are different races, beliefs, and personality.However no matter what our differences are, they never fail to prove to me that theyre my real friends they manage to give me the respect that I need and most importantly they accept me as the person who I am. Furthermore my friends embraced me with the knowledge of being contented with what I have and to appreciate them. As an example, Vive always thought having new clothes and shoes will make me happy. However that Is not what matters. Its about having a simple and true friendship that made me realize how blessed I am with what I have and that I should always be artful and thankful.In conclusion, with all the love and acceptance received from my friends I can say that they were the key to my happiness. Overall, my friends and my family played Important roles that taught and helped me find the true meaning of happiness. Without them, my happiness wouldnt be so meaningful and precious. Throughout my journey finding my happiness I realized the importance of my family and friends. In order to achieve true happiness, we should accept and love ourselves first.