Horrifying Reality :: essays research papers

Violence and death are all around us in our society today. Whether it is seen on the television in the news, in a film, or read about in the newspaper, the descriptiveness of these incidents is absolutely horrifying. The punishment of such crimes that we read about today are simply minute compared to the events that occurred during the fifteenth century. In the poem â€Å"La Ballade des pendus† written by Franà §ois Villon, the gruesome description of the images are far from ordinary, but serves it’s purpose brilliantly.   Ã‚  Ã‚  Ã‚  Ã‚  In his poem Villon writes of men who were hung, still hanging out in a courtyard and describes what happens to their bodies once they are dead. His word choice in this poem makes the reality of what occurred back then that much more ghastly and repugnant. The punishments given today are much less severe and when they are written about in a newspaper, the incident is not described quite in the way that Franà §ois Villon chose to write in his poem.   Ã‚  Ã‚  Ã‚  Ã‚  I feel that if Villon had used a different method of describing the events such as being metaphorical instead of straight-forward, the poem would not have the same effect on its audience. Although when I first read this poem I did not like it because I thought it was absolutely disgusting, after reading it several times I realized that with out the disgusting details the poem would not be the same. The words that he uses simply speak out in a way that makes the reader either love it or despise it, I feel that is what makes this poem so interesting. I believe that Franà §ois Villon did an excellent job writing this poem and if today’s stories were just as graphic or possibly a little bit less than that of Villon, it would be a lot more interesting to read. Horrifying Reality :: essays research papers Violence and death are all around us in our society today. Whether it is seen on the television in the news, in a film, or read about in the newspaper, the descriptiveness of these incidents is absolutely horrifying. The punishment of such crimes that we read about today are simply minute compared to the events that occurred during the fifteenth century. In the poem â€Å"La Ballade des pendus† written by Franà §ois Villon, the gruesome description of the images are far from ordinary, but serves it’s purpose brilliantly.   Ã‚  Ã‚  Ã‚  Ã‚  In his poem Villon writes of men who were hung, still hanging out in a courtyard and describes what happens to their bodies once they are dead. His word choice in this poem makes the reality of what occurred back then that much more ghastly and repugnant. The punishments given today are much less severe and when they are written about in a newspaper, the incident is not described quite in the way that Franà §ois Villon chose to write in his poem.   Ã‚  Ã‚  Ã‚  Ã‚  I feel that if Villon had used a different method of describing the events such as being metaphorical instead of straight-forward, the poem would not have the same effect on its audience. Although when I first read this poem I did not like it because I thought it was absolutely disgusting, after reading it several times I realized that with out the disgusting details the poem would not be the same. The words that he uses simply speak out in a way that makes the reader either love it or despise it, I feel that is what makes this poem so interesting. I believe that Franà §ois Villon did an excellent job writing this poem and if today’s stories were just as graphic or possibly a little bit less than that of Villon, it would be a lot more interesting to read.

Critique on Happiness and Analysis Essay

In Karl Giberson’s article â€Å"The Ends of Happiness† (2006), from the Science & Spirit magazine, he raises the topic of happiness, where he claims that people are now pursuing the means to happiness as an end to itself and have missed the point of life. Although Giberson(2006) has made some valid arguments in claiming that people pursue wealth as a means to happiness, his arguments are largely undermined due to a lack of reliable evidences. Giberson’s (2006) claims are not unfounded, as human beings tend to set their goals on material success. For them, monetary success is their definition of happiness. This idea is illustrated by the statement â€Å"The means have become an end for many of us†¦Ã¢â‚¬ (para. 11). He goes on to say that many others â€Å"can’t seek happiness directly† (para. 7). His thoughts align well with society’s widely accepted view that â€Å"without family and friends it is hard to find happiness, for these are essential partners in living and doing well†(para. 9). As such, Giberson (2006) implies that happiness comes from the various experiences and journeys which we go through in life, such as quality time spent with people around us. However, Giberson (2006) makes an unsuccessful attempt in persuading his readers to adopt his beliefs by merely referencing to Aristotle’s philosophy of â€Å"living well and doing well† (para. 8). Throughout the article, Giberson (2006) constantly refers to his own opinions and experiences. For example, he reminisces that â€Å"in reflecting on the accumulated memories of happy times †¦ [he finds himself] agreeing with Aristotle† (para. 12). Thereafter, he mentions that he â€Å"coached [his] children’s sports teams †¦ and lov(ed) it† (para. 13). This demonstrates that his views are greatly influenced by emotions rather than facts. Although the use of anecdotes sparks interest and engages his readers effectively, his excessive usage of this communication technique makes his arguments seem unsupported and weak. As a result of his heavy reliance on his own opinions, it has led to a hasty generalisation in his argument as seen through his claim that â€Å"America †¦ is not a nation pursuing happiness† (para. 11). Due to a lack of expert opinion and statistical data, his claim remains unpersuasive and has little credibility. Hence, Giberson’s(2006) article lacks concrete support and fails to make a compelling argument. Although Giberson (2006) provides a good point of view on how people are becoming too focused on wealth in the pursuit of happiness, he makes sweeping statements that lacks credibility. He can provide a more concrete argument by using a wider range of reliable sources. This will greatly strengthen Giberson’s (2006) argument and lend credibility to his claim. It would help greatly if he had supporting opinions of other academic writers who follow his train of thought. In essence, his article did indeed establish his thesis that people are pursuing the means to happiness as an end to itself, but had unfortunately failed to compellingly persuade his audience. Reference: Giberson, K. (2006, March/April). The Ends of Happiness. Retrieved on 21 Jan 2013 from http://ehis.ebscohost.com/eds/pdfviewer/pdfviewer?sid=4e0e6d4c-0091-45b9-be30-fd892a301bf9%40sessionmgr10&vid=3&hid=2

The Financial Performance Of The Textile Industry Essay Online For Free - Free Essay Example

Sample details Pages: 5 Words: 1455 Downloads: 3 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? Dawood lawrencepur limited is the largest textile group in pakistan working since 1954 in the karachi city. Dawood lawrencepur are the manufacturer and exporter of various quality of yarn in cotton (combed carded), polyester and polycotton from 7/s to 100/s. Dawood lawrencepur offers good quality and very competitive prices. Dawood lawrencepur founded with a vision to be a provider of innovative textile solutions worldwide. Don’t waste time! Our writers will create an original "The Financial Performance Of The Textile Industry Essay Online For Free" essay for you Create order DLL is the manufacturer and supplier of distinguished fabric for apparel, home and industrial markets with clients all over the world. DLL has ability to create forward-thinking solutions that give clients a competitive advantage is what sets up apart. DLL core services include: Fiber manufacturing Spinning Weaving Knitting Dyeing and printing of woven and knitted fabrics Designing Cutting and Stitching With a constructed area of over one million square feet, DLL has the capacity to fulfill small, medium and large scale orders. DLL is one of the few vertically integrated operations in Pakistan. Offering a diversified range of products, customers can mix and match from a wide variety of print, yarn dyed, solids, dobby and jacquard. DLL also deals in twill, sateen, basket weave and percale, knitted to woven fabric; and thread counts ranging from 130 to 1000. In an industry where deadlines are a way of life, DLL is proud to have a proven track record of service q uality and on-time delivery. For convenience DLL also maintain a comprehensive order tracking system, so you can stay on top of your order at all times. OVERVIEW OF PAKISTAN TEXTILE INDUSTRY Pakistans textile industry ranks amongst the top in the world.  Pakistan  is Worlds fourth largest cotton producer and the third largest consumer of the same. Cotton based textiles contribute over 60% to the total exports, accounts for 46% of the total manufacturing and provide employment to 38% manufacturing labor force. The availability of cheap labor and basic raw cotton as raw material for textile industry has played the principal role in the growth of the Cotton Textile Industry in  Pakistan. The performance of textile industry during the last five years has been satisfactory. The market was responsive, the Government policy was supportive and inputs were viable. The industry made profits and re-invested in new machinery for balancing, modernizing, and restructuring (BMR) and expansion. The industry made an investment of approx. $ 6.0 Billion during the period 1999-2006. Textile Machinery worth $.0.8 billion has been imported during 2005-06 (see Table b elow). The major investment has been made in spinning, Weaving, Textile Processing and making up sectors. Approx.454,000 new direct jobs have been created and industry has been able to make increase production and exports. Import of textile machinery, which is the single largest item in the machinery group, accounted for $ 771.500 million in 2005-06. This shows that investment for modernization of textile industry, which started four years ago, still continues. This resulted into substantial increase in capacities of all products. Consequently, yarn production has increased by 12% and cloth production by 7%. The exports showed positive improvements and cotton textile export grew from $ 9.20 billion in 2004-05 to $ 10.37 billion in 2005-06 and is expected to exceed $12 billion in 2006-07. Investment in Textile Sector Textile industry has made an investment of about $6.0 billion during the last six years. This investment includes both investments through bank loans as well as own sources. This investment has been made in the form of BMR expansion and new capacity. Textile machinery worth US$ 0.6 billion has been imported during 2005-06. the import of textile machinery for the last years are documented in Table  Ãƒâ€šÃ‚  below. Import of Textile Machinery Year Million  US  $ % Change 1999-2000 210.9 28.6 2000-01 370.2 75.5 2002-04 406.2 9.9 2004-06 531.9 30.7 2006-08 597.9 12.4 2008-09 928.6 55.3 PROFIT BEFORE AND AFTER TAX PROFITABILITY RATIOS The first half of FY09 was relatively tough for DLL but it recovered somewhat in the 2nd half of the year. Still there was a decrease in the total revenue by 4.87% and reached the level of Rs 350.37 million in FY09 from Rs 368.29 million in FY08. A 4.8% decline in revenue, with the increased expenses of the company combined with greater allowance for potential lease losses have led to an 8.1% rise in before tax profit for the period at Rs 222.39 million. The profit after tax for the period stood at Rs 378.48 million, which is 4.5% greater than the net profit of FY08. Considering the profitability of the company, since FY04, the Gross Profit Margin has remained between 9.05 and 20.3. the only exception being a gross profit margin of -24.21% in FY08. A similar trend has been seen in profit margin, between FY04 to FY06 which remained between a range of 5.3% and 9%, and falling to -24.21% in FY08. In FY09 gross profit shootup to 20.38% this increase is due to better performance in 2 009 by the company. The Return on Equity had been ranging from 4.5% to 5.86% until 2006, only jumping in 2009 to the level of 28.95% mainly due to the phenomenal growth in after-tax profit for that year. If compared to the industry, DLL has been successful in having a steady ROE. In that respect, DLL has performed better than average for its competitors. In FY08, the ROE declined to 12.45%. This was primarily because the company s equity grew by 13% on the back of issuance of bonus shares and increase in funds of capital and general reserves. This growth was greater than that in the net income, culminating in a decline in this years ROE. In the FY09 company had highest ROE of 28.95%. Upon analyzing the Earning per share value of Dawood Lawrencepur Limited , we see that it has been relatively increased from 4.45 in FY04 to 13.88 in FY05.  But since FY05 earning per share is constantly following the decreasing trend. Least earning per share observed in the last 6 years is 0.42 in FY07. Since last 2 years company is facing intense competition and pressure from emerging clothing and textile brands and company profit is highly affected. More investors are buying shares of competitors like gulahmed textiles, lakhani textiles e.t.c. due to declining trend of sales and profit after tax, EPS has declined. Decrease in profit after tax also decreases ordinary share holders right in the profit. EPS in FY08 is -4.22 and in FY09 is -3.28. it has been slightly improved but still companys shareholders are in loss. Upon analyzing the dividend payout ratio of Dawood Lawrencepur Limited , we see that it has been relatively increased from 56.18 in FY04 to 238.1 in FY07.  But since FY07 dividend ratio is constantly following the decreasing trend. Least dividend payout ratio observed in the last 6 years is -23.7 in FY08. Since last 2 years company is facing intense competition and pressure from emerging clothing and textile brands and company profit is highly affected. More investors are buying shares of competitors like gulahmed textiles, lakhani textiles e.t.c. due to declining trend of sales and profit after tax, EPS has declined. Decrease in profit after tax also decreases ordinary share holders right in the profit. DPS in FY08 is -23.7 and in FY09 is 0. it has been slightly improved in the sense that company is not showing negative dividends now but still companys shareholders are in loss. LIQUIDITY RATIOS CURRENT RATIO The liquidity position of the company has been increasing. The Current Ratio in FY08 was 1.27 and now rise to 1.502 in FY09. In contrast, the industry s Current Ratio has been actually increasing for the last few years from 0.96 in FY05 to 1.25 in FY08. Yet, DLL s current ratio is still above the industrial average. Moreover, the trend of a declining current ratio is also seen in competitors of DLL. In FY09, the current ratio of the company however rose to 1.502. This was aided by a rise in the Current Assets by 5.99% compounded by a fall in the Current Liabilities by 10.17%. This current shows that DLL can generate a greater income while incurring a lower level of expenditure compared to other companies. The Income-to-Expense Ratio improved marginally to in FY09. Although Administrative and General Expenses did increase, but selling expenses decreased. financial and bank charges, which form a greater portion of the total expenses increased . But since the income component excee ded the expenses growth by only 1.25%, the income-to-expense ratio only slightly improved. DEBT RATIO In previous years Dawood lawrencepur limited relied mostly on debts for financing its assets rather than financing through equity. Since the financial year 2004, the Debt-to-Assets Ratio of Askari Leasing Ltd has been ranging from 0.60 or 0.75. it can be noted that a much greater portion of DLL s assets is financed by debt. The insignificant changes in total assets and total liabilities in FY09 result in maintenance of the ratio at its historical levels. This debt ratio is slightly declined because of companys changing policies of financing. Company is trying to reduce debt financing to maintain its credibility in the market. As a result, DLLs debt ratio has been declined from 0.078 in FY 08 to 0.075 in FY09.