Assessment of Into the Wild Essays -- essays papers

Assessment of Into the Wild Although precisely on target in his assessment of Chris McCandless being "in touch with the bare-bones essence of nature", Gordon Young's preceding description of Chris should be rephrased: A profoundly Un-American figure, uncompromising in his approach and thoroughly optimistic about the future. For Chris McCandless did not set out to show or prove his American character. Neither does he approve or want to exemplify a true modern American character, because true American character does not seek solitude, preferring "the saddle to the streetcar", or "the star-sprinkled sky to a roof", or, especially, "the obscure and difficult trail, leading into the unknown, to any paved highway and the deep place of the wild to the discontent bred by cities", as states Everett Ruess. In fact, in today's world of never-ending comforts and conveniences, nature and "getting away" means setting up a tent in the backyard, or driving our RV to a campground, plugging in the heat, the television, and the cell phone and drinking a beer. Yes, Chris McCandless exemplified what it is to be unconventional, untraditional, nature-loving. What's more important, Chris showed us a particular degree of freedom, what true liberty is about--the freedom not only of the individual, but the freedom of something much higher than that--the freedom of the mind. Freedom from societal restraints of always having to be someone, playing some role. More than anyone, so far, Chris ...

Joe’s Fly-By-Night Oil Company Essay

†¢ Prepare a ratio analysis for the fiscal year ended Dec 31, 2012. Organize your analysis per the following outline: (1) Liquidity – Current ratio: 25,000/17,000=1.47% Quick ratio: 25,000-17,000/17,000=25,000 Comments on liquidity- The results cant really determine how well or bad the company is doing until you compare it to another company. This ratio helps show the ability to pay off short term obligations as they are due. (2) Asset management – Total Asset turnover: 10,000/40,000=.25 Average collection period (ACP): 10,000/365=27 3,000/27=111 days Comments on asset management- Each $1 of asset is producing .25 in sales. Using assest utilization shows why one firm turns over assests more rapied than another. Average collection period states that it’s taking the customer around 111days to pay off their bills. This indicates how long sales stay on companys books. (3) Debt management – Debt ratio: 20,000/40,000=50% Times interest earned: 3,000/200=15 times Comments on debt management- Times interest earned shows the number of times that income before interest and taxes covers the interest obligation . The higher the ration the stronger the interest paying ability of the firm . (4) Profitability – Net profit margin:1800/10,000= 18% -Return on Assets (ROA): 1800/40,000= 4.5% -Return on Equity (ROE): 1800/20,000= 9.0% Extended Du Pont equation: .25x.18-0.045(4.5%) Comments on profitability to include your comments on the sources of ROE revealed by the Du Pont equation These types of ratios indicate if the firm is making any money, and how much in relation to whats invested. They also give you an indication of how the firm is doing in controlling its costs. Net profit margin sales minus all expenses, including interest and taxes . So the net profit margin ratio measures the proportion of each sale dollar that remains after all expenses are paid for . Joes is at 18% . The ROA should be compared to past years ROA to determine wheather it is good or bad. The ROE is the bottome line which can be compared to other investments and see where they are. It evaluates the return the firm produces. The Du Point equation allows you to understand the source of return but it need to be compared to a similar industry to see truly where the company is. (5) Market value ratios – PE ratio: Market price of company stock /earnings per share of stock 50.00/1.80=27.7 – Market to book ratio: Share price of stock/book value per share To get the book value per share you take total equity /common shares outstanding 20,000/1,000=20 then you take share price /book value per share 1.80/20=.09 Comments on the market value ratios The M/B ratio gives you an indication of the value of a firm’s intangible non-listed assests. These numbers help you get an idea what it will cost you to get $1 of the firms assets. Stock’s market price represents how much investors are willing to pay today for that claim. I the M/B ratio is higher than 1.0 therefore , you can say that the value of the equity claim has gone up. If you look at the M/B ratio for Joe’s the equity claim has gone up since its at 27.2. For the purposes of this exercise, assume the following data for Joe’s Fly-By-Night Oil: Stock price on Dec 31, 2012†¦$50.00 Number of common shares outstanding on Dec 31, 2012†¦1,000

Inspirational High School Graduation Quotations

Most of us would agree that the days we spent in high school were certainly the best days of our lives. It was in school that we made our first friends, competed to excel, hoped for places in the sports teams, and learned our first lessons about life. Memories come flooding back when you read each high school graduation quote on this page. If you want to wish your friends on their graduation day, you can make a special greeting with one of these high school graduation quotes. Graduation Quotations AnonymousYour schooling may be over, but remember that your education still continues.Isabel WaxmanIt is indeed ironic that we spend our school days yearning to graduate and our remaining days waxing nostalgic about our school days.Ralph Waldo EmersonThe things taught in schools and colleges are not an education, but the means of education.Martha ReevesThe morning after my high-school graduation found me up early job hunting. The dream of college I put on the back burner.Henry FordYou cant learn in school what the world is going to do next year.Author UnknownEmotions, drama, broken hearts, and liesAnd they say these were the best days of our lives?Richard BachDont be dismayed at goodbyes. A farewell is necessary before you can meet again. And meeting again, after moments or lifetime, is certain for those who are friends.Johann Wolfgang von GoetheDream no small dreams for they have no power to move the hearts of men.Andy McIntyreIf you think education is expensive, try ignorance!