Essay on Taming of the Shrew Deciphering Kate’s...

The Taming of the Shrew: Deciphering Kate’s Shrewish Character The Taming of the Shrew is one of Shakespeares most popular plays. It is both a witty and complex play with characters that are appealing and believable drawn from life and based on a keen understanding of human nature. One can see this in the main character of the play, the shrew Katherine. The reasons for Kates shrewd behavior as well as her tameness have puzzled Critics and Shakespearean scholars for ages. This essay will attempt to decipher Kates shrewish character from the beginning with her father and sister, through the middle with her first meeting of Petruchio, to the finale where she is finally tamed. There is a strong†¦show more content†¦Kate is further humiliated when Baptista announces that he desires to hire schoolmasters to instruct her [Biancas] youth. He makes no mention of Katherines studies, resulting in her humiliation through public neglect. Any child in her shoes would have rebelled profusely. She is further deliberately left out when her father directs her to remain behind because he wishes to commune with Bianca. Kate then bridles at this and makes her exit, hurt by this display of neglect. Similarly, Biancas personality adds to Kates rebellion. On the surface, Bianca seems to be a sweet, mild young woman; a young modest girl, Lucentio calls her. However, in reality, she is a calculating and sneaky sister. Her deceit and deliberate call for attention increases Kates shrewdness. For example, Bianca plays the role of a long suffering saint, implying that the situation where Kate must marry before she can is difficult for her, but not so for her sister. The girl Lucentio describes as modest does not hesitate to parade her obedience for her fathers benefit. She says she will make her books and instruments her company without complaint. She thus gains the sympathy of Lucentio, her two suitors, and her father. In turn, Baptista, to satisfy Bianca, attempts to hire her schoolmasters. Kate, knowing her sisters deception, retaliates in anger and

Simple Élire (to Elect) French Verb Conjugations

In French, the verb  Ãƒ ©lire  means to elect. Whenever you want to use it in the past tense elected or the future tense will elect, you will need to conjugate the verb. French students know that this can be a challenge and  Ãƒ ©lire  is one of those tricky irregular verbs. Conjugating the French Verb  Ãƒâ€°lire French verb conjugations are more complex than they are in English. Thats because the verb endings change not only with the tense of the sentence  but also with the subject pronoun. Élire  is an  irregular verb  and its similar to other words like  lire (to read), rà ©Ãƒ ©lire  (to re-elect), and relire (to re-read, replay). While this is not the most common conjugation pattern, these few words do make learning the entire group a little easier. To conjugate  Ãƒ ©lire, pair the subject pronoun with the tense. For instance, I elect is jà ©lis while we will elect is nous à ©lirons. Practice each of these in context to learn how to use them in your French conversations. Subject Present Future Imperfect j lis lirai lisais tu lis liras lisais il lit lira lisait nous lisons lirons lisions vous lisez lirez lisiez ils lisent liront lisaient The Present Participle of  Ãƒâ€°lire The  present participle  is another verb form that you should know. To form it, add -ant  to the verb stem to produce  Ãƒ ©lisant. Beyond using it as a verb, you will also find it helpful as an adjective, gerund, or noun in some circumstances. The Past Participle and Passà © Composà © For the past tense of  Ãƒ ©lire, you can choose either the imperfect or the  passà © composà ©. To construct the latter, begin with the subject pronoun and conjugate the  auxiliary verb  avoir  to match it. Then, attach the  past participle  Ãƒ ©lu. The passà © composà © comes together quickly: I have elected is jai à ©lu and we elected is nous avons à ©lu. More Simple Élire  Conjugations Among other simple conjugations of  Ãƒ ©lire  that French students should know are the following. You may not use them often, but they can be quite handy to know. In rare instances, and primarily when reading or writing, you may see  the passà © simple or the imperfect subjunctive. More frequently, the subjunctive and conditional verb moods are used. Each implies no guarantee to the verbs action in some form or fashion. Subject Subjunctive Conditional Pass Simple Imperfect Subjunctive j lise lirais lus lusse tu lises lirais lus lusses il lise lirait lut lt nous lisions lirions lmes lussions vous lisiez liriez ltes lussiez ils lisent liraient lurent lussent To use  Ãƒ ©lire  in exclamations, demands, and short requests, use the imperative form. When doing so, skip the subject pronoun and use à ©lis rather than tu à ©lis. Imperative (tu) lis (nous) lisons (vous) lisez

Analysis using Porter’s five forces model in Marketing Free Essays

On analyzing the case we will seek to look at two relevant barriers to entry; namely, product differentiation and economies of scale. The economy of scale refers to the decline per unit in product cost as the volume of production increases. Levi’s could have exploited opportunities to outsource their production facilities where labour is cheaper, in order to mass produce and have a cost advantages. We will write a custom essay sample on Analysis using Porter’s five forces model in Marketing or any similar topic only for you Order Now Volumes of jeans have been produced in this market because other labels such as Arizona Jeans have exploited the opportunity. If they exploit the opportunity it means that they could produce for less and sell at a higher cost to their profitability. The Levi’s brand has product differentiation because there is a history of brand loyalty; the product carries enough clout to justify a reasonable price premium. They had embarked on a project to create a niche market to attract higher income customers who were willing to pay a premium for a perfect fit. In this case the threat would be brand loyalty because there are a lot of producers of jeans. Threat of Rivalry Threat of rivalry includes all distributors and stores that sell jeans. Example of stores is the likes of JC Penny stores who were once a business alliance, they have sought out cheaper alternatives such as the Arizona brand of jeans and have become their competitor; there is also Gap, Lee and Wrangler. Each of these brands has their own market or customer base. With all of these competitors in the market there is likely competitive pricing for the product. Threat of Substitutes There are other forms of clothing that can substitute for jeans example cotton, linen and other forms of material that makes clothing. In this case though Levi’s has created a â€Å"personal pair for a perfect fit† this proposal has created the niche market for Levi’s through a jeans customization program with their strategic alliance partner Technology Corporation. With this partner they will be able to achieve a competitive advantage. Threat of Suppliers Threat of suppliers all depends on the amount of raw materials. Since Levi’s now has a strategic partner, Technology Corporation they are the ones who take the orders and manufactures the customized jeans at their location. The threat is that they have to rely on another organization to complete the process at a separate location. The benefit though is that this company is a joint venture where each partner has a vested interest in the success of the business thus minimizing risks. However; on the other hand the partner may decide to cheat if they see a more valuable venture for themselves in starting their own line of business. There is also the threat of an increase salary and benefit for employees as well as retention of trained personnel in the area of sales and manufacturing. Threat of Buyers Threat of buyers relies on the marketing of the brand. If Levi’s has a good marketing strategy then customers and suppliers are more likely to purchase their goods. The company has begun to engage in a joint venture with another company therefore once they start receiving orders they will be able to meet the demand to supply stores and retail customers alike. According to the case, the brand Levi is one of the most recognizable brands worldwide since the 1950’s. The jeans had established a political and ashion statement as an American icon. Levi’s has become synonymous with the term â€Å"authentic,† â€Å"genuine,† and â€Å"original. † They are the largest brand-apparel company in the world and the number one purveyor of blue jeans. Levi’s has an image of quality and durability. The image of the company is valuable and rare. Perhaps no other firm has been able to duplicate the Levi brand and the firm uses this image to their competitive advantage as not many firms are able to imitate that image. Despite competetition from low cost rivals who are able to produce more cheaply at overseas facilities, Levi has organized its cost structure and business by using technology and joint venture to their advantage. They have established value creating activities by way of market revitalization and have established a corporate reputation, established links with their suppliers and buyers and invested in high technological equipment and information support systems. How to cite Analysis using Porter’s five forces model in Marketing, Papers

Capital Structure of Aveo Samples for Students †MyAssignmenthelp.com

Question: Discuss about the Capital Structure of Aveo. Answer: Introduction The most important decision that is made within a company in the quest to maximize its value is usually the decision on which products to manufacture and / or which services to offer, however, the decision on how to finance the investments in those assets that allow offering such products and / or services (eg in machines and equipment), is often seen as a minor or secondary decision (Miglo, n.d.). This paper intends to emphasize the importance that financing decisions can have on the value of a company, without forgetting that the expected results will depend considerably on the assumptions that are made about the capital markets and the agents that operate in these markets. The capital structure of a business is the combination of debt and capital that an organization uses to Capital structure of Aveo in the past 5 years It is time to review how the capital structure of a firm behaves in the presence of taxes. To that end, we will continue to use the theoretical framework that Modigliani and Miller developed in his article: The Cost of Capital, Corporation Finance and the Theory of Investment published in 1958 (Bena and Hanousek, 2006). With a very strong balance sheet, the investors look at various things in the balance sheet to invest in the company. There are two measurements for evaluating a companys strength. The first one is the capital structure and the second is the working capital of the company. Aveo has had a very good performance in terms of asset performance of the company and therefore has had good runnings with the investors. For purposes of the report, we shall analyze the company structure of Aveo Ltd for the last five consecutive years (Agarwal, 2013). For capitalization, the company has a record of long-term and short term structures of capital which are permanent in the long term and are a combination of debt and of equity. Aveo has most likely concentrated on keeping a healthy record of equity as opposed to capital debt of the company. This is a clear indication that the company is financially healthy as the yardstick for debt to equity ratio of any company according to IFRS and IAS is 1:1. Aveo ltd equity comprises of preferred stocks and retained earnings which are the inputs of shareholders equity on the balance sheet account. Aveo equates its debt with its liabilities; however, there is a major difference between operational liabilities and the debt liabilities. The difference is that debt liability forms the capitalization component of a company capital structure. Short term and long term debt form the debt component of a company (Martin and Baker, 2013). Short term debts mostly comprise notes payable. The golden rule is that long term debt should take up two third of the total debt figure according to the prudent principle in accounting. Short term will take the remainder. 2012 2013 2014 2015 2016 Total debt/Shareholder equity 2574/701.8=3.7:1 2183/669.6=3.16:1 1840/853.2=2.16:1 1887.2/918.4=2.0:1 2428.5/1072=2.2 The analysis in the figures above indicate that the debt to equity ratio in the five years have been very high. While the recommended yardstick of debt to equity ratio is 1:1, Aveo ltd remains to have a high ratio in terms of debt to equity ratio. In the year 2012, the debt to equity ratio was 3.7:1 which was 3 times higher than the recommended threshold. This is not optimal at all. In 2013, the ratio dropped albeit marginally to 3.2: 1 as well as in the year 2014. This was an improvement in terms of financial management despite being high for theaccounting standards. In the financial year ended 2015, it dropped to 2.0:1, although not optimal, it seems the company had put in place measures to tame the high debt to equity ratio. This shows that the liquidity of a company is improving (Brown, Liang and Weisbenner, 2006). This is also the case in 2016 where the debt to equity ratio was 2.2: 1. This shows that in all the 5 financial years the debt to equity ratio exceed the yardstick and this is not good for the investors in Aveo ltd. Optimum capital structure The assumption in prudence use of leverage or debt is that the management can earn more on borrowed money to the amount of interest and fees expense paid on these funds.If a company in a highly competitive environment, is hobbled by high debt , the company may find its competitors taking advantage of the problems facing the company to grab more market share. But if there are taxes, is the irrelevance of the capital structure maintained? To answer this question, let us imagine that the cash flow (FC) of a company is similar to a pie. That cash flow, brought to present value with the appropriate discount rate, will give us the value of the firm. In a taxed world, a company without debt would have a CF like this: (Brown, Liang and Weisbenner, 2006) Dividend history and policy The financial value of the company, that is, the value of the shares, can be expressed as the current equivalent of the expected dividend stream, valued at the required return (ke): The model is based on the reasonable assumption that the dividend is the principal source of shareholder remuneration but, please note, it does not pre-empt that it should be immediately recognized: all dividends expected over the investment horizon are included, as well as the price which is expected to be able to sell the T share; retained earnings will revert to future dividends and also to terminal value because reinvestment will cause the company to grow at a rate g = ROE (1 - pay out). 2012 2013 2014 2015 2016 Dividend paid (in millions) 21.1 17.7 - - - Arguments in favor of investing in companies that do not distribute dividends (Chen, 2005) In Aveo Ltd, the company cannot afford to be capitalized by distributing their dividends to the shareholders because of their investment need. Reinvestment is done in bid not to fall behind their competitors and to give the shareholders maximum value in terms of shareholders value for the future. In many cases, the company like Aveo will sell its shares in order to have a tax advantage where dividends are subject to the IRPF. Arguments in favor of the distribution of dividends This is the other side of the coin, where shareholders can sketch a smile every three months. The perspective from this position is totally different from the previous one, where it is preferred that the money earned with the contributions made by the shareholders be returned to them, since in a certain way these benefits belong to them. In this way the shareholder has the freedom to choose what to do with the liquidity obtained. Pay-out Another fact that we usually take into account when we intend to invest in a company that distributes dividend is the Pay-out. This is the part of profits that the company destines to dividends, so it will always be advisable to take it into account since, depending on the situation in which the company is, more or less dividends will be distributed. Where are the profits of companies that do not distribute dividends invested? The profits that the company obtains and are not destined to the distribution of dividends do not have a specific destiny, each company makes the most appropriate decision as to where it has to invest this money, although usually this destination is usually the same for all the companies7. For example: to ensure greater liquidity, to have a working fund to help us in a difficult situation, etc. But we must also take into account that there are shareholders who have deposited their trust and money in the company so that it can carry out its activities, so the reward to these shareholders has to come from a part of the profits (Graham, n.d.) Dividend history for the past 5 years The quality of dividends distributed is directly proportional to the quality of financial reports produced. The dividend structure is commensurate to the profits received for the company. Aveo ltd has not paid out dividends for the last three years. In fact the last dividend paid was in the year 2013, the debt to equity ratio has also reduced in those years. Aveo ltd has not paid out dividends for the last three years, and its debt equity ratio has reduced in those three years (Vandekerckhove, 2012). This report discusses the impact of dividend payments on company value, whose maximization, remember, is the financial objective. Modigliani and Miller demonstrated that, under certain conditions, shareholders should be indifferent between the payment of dividends and the capitalization of results; however, some companies have turned this pay into an essential element of their relationship with investors. Others, on the other hand, maintain a systematic policy of reinvestment, without their actions being penalized by investors. Know the complete process that must be followed to make successful decisions in Financial Investments. Dividend distribution Problems in individual decision-making are mainly due to two causes of fear of decision making and thoughtless decision-making (Vandekerckhove, 2012). Attractiveness of Aveo Australia ltd to an investor Aveo is a very attractive company to invest in. it has had its fair share of troubles especially in dividend payout but remains a very attractive company for investors nonetheless. The dividend policy, and its broader expression as a self-financing policy, is closely related to both the financial structure and the investment decisions. Retained earnings are a source of financing that, depending on the preferences of the company and its owners, can make growth possible by supplementing or supplementing debt or other sources of self-financing, such as capital increases. Self-financing is, in fact, the preferred source for many R D-intensive companies, and / or latent opportunities (Graham, n.d.). Regarding how dividends are canceled Brealey and Myers point out: The dividend is fixed by the company's board of directors. The announcement states that payment will be made to all shareholders who are registered on a certain closing date. Later, about two weeks later, dividend checks are sent to shareholders. Dividends can only be declared by the board of directors, which then has the authority to order the payment of a dividend. If the directors or board of directors decide to declare a dividend, they must take appropriate measures to pay the members at a certain date (Vandekerckhove, 2012). Aveo ltd profitability levels are high showing that investors can be attracted by the levels of profit that the company is having. Although attractiveness of a company can be measured using different yardsticks, profitability, liquidity and the companys general stability remains the key areas of focus for the investors outlook (Graham, n.d.). According to this approach, the shareholder's profitability in any period t is the sum of the dividend yield and the profitability accrued by the change in the value of the shares: so that the model does not establish any express priority between dividends and retention. This result has some logic, because the value of the company's asset is the current equivalent of free cash flow, discounted to the weighted average cost of capital, and neither of these two variables depends on the distribution policy (maintaining the presumption that the decision involves a trade-off between paid dividends and new capital) Nor does it pre-judge that both profits (dividends and capital gains) are strictly equivalent: in fact they are not, because the latter are subject to risk, hence a financial valuation and a discount rate with risk. Accordingly, in a first approximation the effect of the dividend policy on the value of the enterprise will depend on the future impact of the retained earnings: to the extent that the incremental result provided by the domestic reinvestment offsets the risk and the time (preference for liquidity), shareholders will be willing to waive their current dividends in exchange for future (incremental) dividends. Conclusion Aveo is a good company to invest in. It is clear, that the cash flow of the business, will be shared by the shareholders and the State. Then, the present value of what is left to the shareholder, would be the value of the company, or otherwise seen, Vu = E, where Vu is the value of a deleveraged company and E is the equity (Vandekerckhove, 2012). References Agarwal, Y. (2013). Capital Structure Decisions. Hoboken: Wiley. Bena, J. and Hanousek, J. (2006). Rent extraction by large shareholders: evidence using dividend policy in the Czech Republic. Prague: CERGE-EI. Brown, J., Liang, J. and Weisbenner, S. (2006). Executive financial incentives and payout policy. Washington, D.C.: Divisions of Research Statistics and Monetary Affairs, Federal Reserve Board. Brown, J., Liang, J. and Weisbenner, S. (2006). Executive financial incentives and payout policy. Washington, D.C.: Divisions of Research Statistics and Monetary Affairs, Federal Reserve Board. Chen, A. (2005). Research in finance. Amsterdam: Elsevier JAI, . Graham, B. (n.d.). The intelligent investor. New York: Collins. Martin, G. and Baker, H. (2013). Capital structure and corporate financing decisions. Hoboken, N.J.: Wiley. Miglo, A. (n.d.). Capital structure in the modern world. Vandekerckhove, W. (2012). Responsible investment in times of turmoil. Dordrecht [u.a.]: Springer.