Time, History, and Belief in Aztec and Colonial Mexico Essay

Aztec culture Presentation  â â â â â â â â â â The historical backdrop of various individuals and how they lived in the past is significantly clarified through their social lifestyle. Individuals lived in various geological regions, however because of comparable ethic and racial foundation they shared a typical foundation as far as social, political, social, and strict convictions. Aztec domain is one of the social orders that lived in various land areas which included New Mexico, Arizona, Colorado, and Nevada, yet had comparative culture. The domain was framed by a large number of individuals who relocated and settled in Mexico with the vast majority of them living in Tenochtitlan (Pennock, 2011). The Aztec had a culture that was confounded albeit wealthy in strict and fanciful convictions. The individuals culture enveloped expressions (carvings on creatures and strict pictures) music, dressing, move, drinks, sports, food, games, and customs that could include human penance and they were moved f rom one age to the next.  â â â â â â â â â â The Aztec domain accepted that a family was the most significant viewpoint that meant life and new ages. The family was made out of men, ladies, and kids and every part had a particular obligation towards the family. Men were answerable for searching for food through chasing and assembling of wild organic products. Ladies were left to prepare food and do the weaving employments while they dealt with youngsters during the day. Youngsters or little fellows were prepared on the best way to chase and assemble products of the soil by their dads and some went to class. Then again, little youngsters were prepared on the best way to do family unit errands by their moms notwithstanding weaving. A family was begun through convention marriage that was led through functions and was between little youngsters as youthful as fifteen years and men as youthful as eighteen years (Pennock, 2011).  â â â â â â â â â â Art was one of the manners in which the Aztec culture recorded data on various convictions, religion, and war passage. The accounts helped the individuals to move their convictions and cultiure to different ages so they would be constant from one age to the next. Since in the early Aztec culture scarcely any innovation on recording and saving data were accessible, they recorded their data educate regarding canvases and works on the bark of trees. The compositions and canvases were then put away in the sanctuary and individuals could peruse and utilize the works of art to become familiar with their history and they fighting experience (Smith, 2008). The works of art was finished utilizing different subjects, for example, bugs, creatures, fish, and plants. Besides, others reflected religion convictions and divine beings that were significantly positioned in sanctuaries. Henceforth, craftsmanship was significant in the Aztec culture as it was utilized t o record their exercises and occasions that could be passed from one age to the next.  â â â â â â â â â â Religion was obvious in Aztec culture. The Aztec individuals adored various divine beings and goddess that were classified by their duties. Since Aztec individuals were fundamentally ranchers, they led customs in type of services each prior year planting with the goal that they could guarantee that they could get a decent yield and reap. The functions included human forfeits that were devoted to divine beings, Tezcatlipoca (Hassig, 2013). The human penances were gotten from kids or detainees that were caught during war with the neighboring social orders. They accepted that human blood and heart was significant in order to reinforced the divine beings and goddesses and favor them with great harvests notwithstanding their insurance and vanquishing different social orders to get more detainees for human penances. In addition, they fabricate enormous sanctuaries that were intended for playing out the human penances (Smith, 2008).  â â â â â â â â â â The Aztec realm additionally had a one of a kind dress that was utilized to distinguish them with their way of life that was a piece of craftsmanship. The material of the dressing was for the most part a lovely texture of brilliant hues that was entwined and customized to various plans. The splendid hues and configuration were one of a kind to Aztec individuals and helped them to relate to their way of life. The dressing hues were likewise used to recognize social class as the quality and the plan were special to social class (Dwyer, Stout, and Stout, 2013). The affluent class were portrayed with the best characteristics and plans as the ordinary person material quality was low.  â â â â â â â â â â Dance was acted in accordance with strict and social exercises in the general public. In certain occurrences, moving was proceeded as a strict custom that was intended to satisfy divine beings so they could offer gifts to the individuals and shield them from malicious (Dwyer et al, 2013). Besides, the move was likewise done to shading functions that differed from diversion to ceremonial services. The moves were acted in backup with music. The music was sang and played as a type of ceremonies or players to divine beings. Distinctive music had various subjects. Some music was only for amusement while others were simply committed to divine beings. Also music was performed dependent on seasons. Different instruments, for example, drums, woodwinds, and clatters were utilized to play music just as reciting as an approach to love divine beings. In this way, moving and music were utilized by the Aztec to safeguard their societies from one age to the next.  â â â â â â â â â â The way of life has different games and sports that were significant in their way of life. The games gave diversion to pioneers and others recognized in the social class. The diversion was additionally done during functions in the general public. In addition, the games could likewise be performed to depict strict significance. For strict functions, games were performed during human or other penance to pacify the divine beings with the goal that they could acknowledge the forfeit and do as the individuals had played.  â â â â â â â â â â The Aztec realm had various types and extraordinary food that were rich and concentrated with flavors. The dishes that were normal and well known among the Aztec were tortillas, tacos, and tamales. There were different nourishments that were accumulated by men like seeds of sage plants that were basic as grain, eggs, canines, turkey, and bunnies (Culture and Arts, 2013). In contrast to different societies, the greater part of Aztec food was made with bean stew peppers as the fundamental zest. Rarities that were normal among the Aztec individuals were green ooze. The food was gotten from Lake Texococo and its taste was contrasted with that of cheddar. More often than not delighted in water as a type of rewards and in exceptional events or functions brew was the fundamental type of beverages. The Aztecs additionally delighted in beverages, for example, hot improved chocolate and now and again octilli. The last was basic among the respectable individual s and others of a higher social class.  â â â â â â â â â â Aztec individuals everyday life included farming as a type of financial practices. Their principle sort of yield that they developed was corn. The individuals were persevering and devoted cultivating to their divine beings and they had the option to have crops in excess. Barely any rehearsed water system on the dry terrains while the greater part furrowed on shallow lakes. Ranchers moved mud and soil from dry land to the shallow lakes consequently shaping islands, chinampas that they thus utilized as land for agribusiness (Cohn, 2013). The islands were extremely fruitful and profitable, which brought about food excess. The overflow food and different harvests were offered to different networks and neighboring domains through Tlateolco advertise that assembled different networks. In spite of the fact that Aztecs needed money related framework, they utilized bargain exchange of trade of products and ventures.  â â â â â â â â â â The Aztecs were more often than not associated with wars where they catch detainees for human penance and slaves for their monetary purposes. They utilized pointless weapons to battle different clans and neighboring networks (Clendinnen, 2010). A portion of the weapons that were normal among them were wooden clubs. The clubs were edged with bits of obsidians that were sharp shaping an apparatus that they ordinarily alluded to as macuahuitl. The weapon was utilized to ground the foes without executing them so they could be caught as slaves and detainees for human penance. Different weapons predominant among the Aztecs were lances and bolt that could either cripple or execute the adversaries. End  â â â â â â â â â â Aztec culture was wealthy in works of art, for example, carvings of various pictures. They accepted family as unit of life and marriage was between a man and ladies. In family, men were trackers and finders while ladies prepared food and weaved garments. The individuals had various sorts of nourishments, for example, eggs, grains, meat, and fish. Fiery pepper was basic among the network. The individuals had strict convictions and loved numerous divine beings and goddess that were classified dependent on occasions or season. They yielded individuals for the divine beings so as to be secured and their territory to be honored. What's more, they had various games that could be played in the midst of functions or strict ceremonies. Move was normal among the individuals in blend with music. So also, move and music was done as a method of love or diversion in services. The individuals had an interesting dress that distinguished them with their way of life. References Clendinnen, I. (2010). The expense of mental fortitude in Aztec society: papers on Mesoamerican culture and culture. Cambridge University Press. Cohn, J. (2013). The Aztecs. New York: Gareth Stevens Pub. Culture and Arts. (2013). Mexico Country Review, 178-184. Dwyer, H., Stout, M., and Stout, M. (2013). Aztec history and culture. New York, NY: Gareth Stevens Pub. Hassig, R. (2013). Time, History, and Belief in Aztec and Colonial Mexico. College of Texas Press.

‘Miss Havisham’ by Charles Dickens Essay

Havisham exposition. ËœMiss Havisham is a severe and turned character from the novel ËœGreat Expectations by Charles Dickens. Song Ann Duffy takes this character and investigates her lamentable life in the sonnet ËœHavisham. Duffy utilizes Dark subjects, structure, imagery and other graceful strategies to communicate Havishams scorn for men after her grievous wedding when she was dismissed by her fiancã ©. Duffys utilization of these beautiful methods make a vile character and causes Havisham to feel genuine to the peruser. To start the sonnet Duffy utilizes a stunning short sentence, which contains differentiating word decision to pass on an unexpected tone from Havisham. The opposing interesting expression additionally frightens the peruser and handles our consideration as we don't anticipate this start. ËœBeloved darling jerk. This differentiating word decision gets a handle on the peruser as it proposes a threatening account voice. The plosive Ëœb sound rehashed all through the sentence makes an evil mind-set as it is forceful and sounds touchy and irate. This likewise recommends she is composing a twister love letter to her past sweetheart communicating her disdain toward him. This threatening account voice and dim environment made makes the peruser imagine that Havisham is an extremely vile character and Duffys utilization of story voice and tone causes Havisham to feel genuine. Following this Havisham starts to show a greater amount of her self centeredness and self-nauseate as she believes she is an in-complete lady, un-needed and left relinquished. She demonstrates this to the peruser when she uncovers her appall with her conjugal status. ËœSpinster. Duffys utilization of a threatening story voice proposes that she is letting this word out and the peruser, we can hear that she severely dislikes her dejection and her detached life. This single word sentence is utilized not exclusively to surprise the peruser however to accentuation Havishams severe tone. The sharp murmuring Ëœs sound makes a vile state of mind as it passes on sentiments of contempt, outrage and retribution from Havisham. This away from of self-hatred makes Havisham an extremely vile character and the threatening account voice causes Havisham to feel genuine to the peruser. As the sonnet proceeds Havisham begins to show her psychological rot as her language corrupts down to sounds that no one but she can comprehend. She even starts to make carnal shouts which are emblematic of dimness and passing. Ëœcawing nooooo this neologism of Ëœno proposes a bestial persona where her feeling of language has separated to a progression of commotions which feature her outrageous mental rot. This additionally proposes her self indulgence however causes the peruser to feel compassion toward the storyteller as she frantically shouts at the divider demonstrating how lost and unfortunate she has become after some time. The Ëœcawing is additionally emblematic of death and murkiness as it is taking after a crow which the peruser joins with death, obscurity and the villain. This blend of neologism and imagery makes an evil mind-set. Duffys utilization of neologism to accentuation Havishams mental rot causes her to feel genuine to the peruser and her carnal individual adds to her evil character. Duffy proceeds to show Havishams layers of sentiments as she communicates her outside sentiments of contempt, outrage and vengeance which diverge from her actual sentiments of adoration for her past darling. It is the dismissal from her sweetheart which sends her into this descending winding which in the long run outcomes in her sentiments of contempt for all men and urgent need for vengeance. Ëœloves loathe behind a white cover This paradoxical expression places love and detest next to each other and hides the two feelings behind an emblematic white marriage cloak, which is amusingly white and stands out from her hatful state. The cover additionally hides her face, feelings and both her psychological and physical rot which adds to the vile mind-set. This threatening story voice keeps on adding to the evil mind-set and Duffys utilization of the mix of imagery and a confusing expression make a vile character. The profundity of feeling from Havisham using this paradoxical expression ad ditionally causes Havisham to feel genuine to the peruser. In the end Havishams self indulgence joined with her psychological rot makes for a sensational end to the sonnet as her feelings breakdown and she is un-ready to contain her sentiments. She leaves the peruser on a let-down as we are left thinking about what befell her in her defenseless powerless state. ËœDont think its lone the heart that b-b-b-breaks. Duffy utilizes vagueness to give a few translations of the closure as we are un-certain with respect to how Havisham wraps up. The rehashed Ëœb sound could be the last beats of her breaking heart, it could be her voice breaking as she recalls her destiny, it could be her final words as she at long last genuinely and truly separates. It is the vulnerability of Havishams end that makes an evil mind-set and causes her to feel genuine to the peruser. Taking everything into account, ËœMiss Havisham a character from the novel ËœGreat Expectations by Charles Dickens is additionally investigated in the sonnet ËœHavisham via Carol Ann Duffy. In the sonnet Duffy uncovers Havishams vile character and causes her to feel genuine to the peruser. Duffy achieves this through the utilization dim topics to communicate Havishams vile character and a threatening account voice is utilized to cause Havisham to feel genuine to the peruser. Duffy likewise utilizes imagery, word decision and other graceful procedures to accentuation Havishams severe and bent character. The vile state of mind is made all through the sonnet as Havisham uncovered her contempt for men and shows her physical and mental rot as she has been disconnected from the world for such a long time. 954 words. Calum Stephen.

Writing-College Essays - Creating A Profitable College Research Paper

Writing-College Essays - Creating A Profitable College Research PaperCollege essays are written to be remembered. They should be original and interesting. In order to put together a good essay, you should learn about the different types of essay writing, how to write them, and the various points that you should put across.College essays must first start with an introduction. This is an important part of any essay because it establishes the overall theme of the piece and gives a brief introduction to the writer. When writing a college essay, you should remember that the purpose of this introduction is to allow the reader to get to know you as the writer and as a person and as a writer.Once you have begun the introduction with a short paragraph, write your main points in one sentence. Explain them briefly summarize your main points. Make sure that you do not go into great detail or too long about your subject matter. The introduction serves as your introduction to the rest of the paper . If you do it well, your reader will want to read on.The next thing you need to consider when writing a college essay is where to begin your research. You may want to begin by reading a book or article that tells you about the topic at hand. You should then review these materials in order to figure out what the topic is all about.If you find that you have all of the information you need when you get to the university library, you can check out the appropriate books. It is wise to use a textbook that you have already read, since the class papers have been covered in previous classes. This way you can skip the notes and get right to the point.You can also look for resources on the internet that will help you with your college essays. There are sites that have lists of essay prompts for various courses. The sites will also give examples of college essays from past years.The important part of writing a college essay is that you include a thesis statement. You should include this in eve ry paper you write. You should keep in mind that this is not only the end of the essay, but also the beginning because it sets the tone for the whole piece.Some students feel that their opinions should be heard when they write college essays. A well-written thesis statement will provide information about yourself and your opinion. Your thesis should include the facts that support the premise, as well as a conclusion.

The Use of Nature in Siddhartha and A Doll’s House Essay

The Use of Nature in Siddhartha and A Doll’s House Herman Hesse and Henrik Ibsen make extensive references to and use of nature in their respective masterpieces, Siddhartha and A Doll’s House. This includes the use of nature as imagery, symbolism, and to create a motif. While the objects in nature do differ because of the location of the stories, there is also overlap. In Siddhartha Herman Hesse refers to two symbols of nature, birds and water, specifically the river. The first reference to a bird is when Siddhartha decides to leave the Buddha. He realizes that he is going through one of many changes, ceasing to be a Samana but unable to go back to being a Brahmin. In response Siddhartha, â€Å"shiver[s] inwardly like a small animal,†¦show more content†¦As a result of this dream, Siddhartha leaves Kamala and his life as a rich man. When Kamala learns this, she releases the songbird, symbolic of how Siddhartha’s soul is now free from the sins sustained by leading a rich life. His soul now lives free of its spiritual cage, allowing Siddhartha to work towards his goal of Nirvana. Later, Hesse makes another bird reference demonstrating that the bird is symbolic of Siddhartha’s soul. Siddhartha analyzes his life after having the startling dream. He concludes that all of his decisions to this time have been correct, because the â€Å"bird in his breast† (Hesse 98) is still alive. Hesse uses the breast, location of the heart, for where the bird lives because it provides more support for the motif that he is creating. Like the previous references, this one establishes that the bird is symbolic of Siddhartha’s soul, because the heart is where the soul â€Å"lives.† Another nature symbol serving as a motif is the river. This motif is used to represent the physical world around Siddhartha and his transition through it. The first reference comes when Siddhartha (as a Samana) is wandering after leaving the Buddha. He comes to it, and needs to cross to continue along a footpath on the other side. He does so, encountering Kamala on the other side and leaving the life of a businessman. The use of the river comes into play as a border, symbolizing the line he crosses when he transitions from a wanderer to a

In Zimbabwe we can see large pyramids these large pyramids...

In Zimbabwe we can see large pyramids; these large pyramids are all called the â€Å"Great Zimbabwe† or the houses of stone. The country of Zimbabwe is named after these pyramids. The stone pyramids were built in stages between 800 and 1500 A.D. Looking at historical evidence from archeological sites we see that the ancient people that lived in the region of Zimbabwe had skills in agriculture, rearing domestication of animals, and iron works. (Sibusisiwe Mubi) In different ages different people inhabited Zimbabwe, from city dwellers to hunter gathers. The city dwellers took part in agriculture and domestication of animals, whereas the San people who did not live in cities mainly hunted animals for their food or gathered fruits. The history†¦show more content†¦This period in Zimbabwe’s history saw a big influx of white settlers. The post world war II era saw the rise of the African middle class who were educated and acquired positions and jobs such as professors, doctors, engineers etc. Around 1965 the growth of nationalism started among the African people of Zimbabwe. Workers took part in strikes; students held demonstrations and people in general were not happy with their situation in the country. This led the people of Zimbabwe launch a liberation war in 1966. This war lasted till 1970. The liberation war saw the support of Zimbabwe’s neighboring countries like Zambia, Mozambique, Tanzania and Botswana. Smaller resistances kept continuing and the power of the British government slowly started decreasing and finally Zimbabwe became an independent state on 18th April, 1980. (Gov. of Zimbabwe) General Environment Government structure As soon as Zimbabwe became independent in 1960, Robert Mugabe was elected prime minister. 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Social Psychology Definition Paper - 1122 Words

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Accounting Concepts

Questions: Analyse this report based on your accounting studies and prepare a report showing how Dick Smith went from some very optimistic results (provide evidence) in this 2015 annual report to being liquidated. You should use some basic information such in this report such as: a. A description of the core business of the company including full details of its operating activities. b. A discussion on any significant issues emerging from the Directors Report. c. A discussion on the Corporate Governance Statement. d. A calculation of the key financial ratios for 2015 f. Other information Answesr: 1. Introduction and Brief findings When it comes to consumer electronics, Dicksmith Holding Ltd is the first name that flashes on peoples minds. It is based in Australia and its key operations aim to provide their customers with a strong and reliable channel platform. Because of this policy of customer satisfaction, Dicksmith has attained the position of the most convenient and largest retailer of consumer electronics and its stores have massively expanded worldwide reaching a scale of 393. Consumers are provided with a high sense of convenience by these strong, structured and integrated platforms so that consumers can shop through the stores or at the go or even from their houses (Dicksmith, 2015). Despite these benefits over other competitors, there came a time when some of the stores of Dicksmith Ltd had to be closed down that made the company opt for better opportunities and redevelop its processes. Although some of the stores had to be closed down, yet the company did not lose hope and it strived to open further stores across Australia and New Zealand. Moreover, the company does not have to worry because it enjoys goodwill and brand appeal in the market that keens to sell a wide variety of products ranging from entertainment to computers and other accessories (Dicksmith, 2015). In the year 2013, a very different concept named MOVE was launched that aimed to focus on the consumer electronics along with fashion and in relation to this, it concentrated on connectivity in order to provide a widespread variety of different products like mobile phones, computers, headphones and other accessories etc. Latest products relating to consumer electronics as well as fashionable accessor ies are provided by the company as the range of its concept MOVE are regularly updated. For customers satisfaction and maintenance of high fashion theme all around, the company maintains strong relations with the leading designers and it also aims to diversify the MOVE stores to gain more efficiency in the market. From the strategies and operations of the company, it can be clearly observed that the company purposes to cater to the requirements of the customers and fulfill them. 2. Director Report A directors report of a company can help to ascertain any information regarding the directors and at any time. From the directors report of Dicksmith Holding Ltd, the number of meetings held by the company can be witnessed together with the directors who attended the meetings. It is observed that there were nine meetings of directors, three meetings related to remuneration and nomination committee and four meetings relating to audit and finance were held during the financial year. The Board of company has appointed the remuneration committee that aims to provide support to the Board itself and helps in deciding the remuneration of directors and other executives. It also provides help in attracting beneficial employees for the company and retaining the old employees whose value is very helpful for the company (Lubatkin, 2007). By this process, shareholders value can be created by way of both long-term and short-term investment scheme. The remuneration of directors and executives are d ecided by way of their performance and remuneration environment and it is paid irrespective of any factors like gender, age etc. It can be observed from the annual report of the company that it has followed all the statutory regulations by ensuring compliance and providing transparency associated with the remuneration process in the report. It can also be understood that there does not exist any kind of scheme associated with retirement benefits of non-executive directors and the annual report also makes this clear. The directors report also portrayed attention on insurance, indemnity deeds and right to inspect and access the books of accounts of the company by every director (Crane Matten, 2010). It is however a matter of issue that the seven year term might be extended by the company where specific assessments starts to operate before the expiry period of seven year. The company can take steps to indemnify the employees as well as the directors against the liabilities but the directors are altogether satisfied with the provisions of non-audit services in the year. The directors report of the company provides an opinion that independence of director is safeguarded that is it can neither be influenced nor be compromised by the services disclosed in the report (Crane Matten, 2010). Other issues portrayed through this report relate to the exchange rates, differences in consumer demands, competition and discretionary nature of spending etc. 3. Corporate Governance An authorization in written form has been adopted by the Board of Dicksmith Holding Ltd which is helpful in providing sheer strength to the operations of company. This authorization or charter contains information on the role, responsibility and composition of the Board, delegation of authority etc and this charter can be availed from dicksmithholding.com.au website. Also, the interest of shareholders has been given due concern by the Board by complying with the principles of corporate governance that has in turn enabled the company to take advantage of various opportunities, assess and evaluate its performance (Goergen, 2012). The annual report contains details on the code of conduct of executives, directors and other employees that ensures the concept of transparency. Dicksmith Ltd has also been able to frame the Audit Committee and align it with the principles of Corporate Governance. This committee comprises of three non-executive members and majority of them are independent members (Benz Fray, 2007). The corporate governance principles of the company not only ensure transparency in the company but it also pursues high values of ethics and morality that makes the company advantageous over others (Cogan, 2009). This strong ethics is required to be followed and maintained by every member of the organization. The company has also introduced a risk management team in order to counter the risks and evaluate the power of framework. This team or committee contains three members and majority is independent (Corporate Governance principles, 2014). Combining the work efficacy of internal audit with the risk management team helps to prevent various hurdles in the company and thus enhancing its operations (Lubatkin, 2007). 4. Ratio Analysis a. Current ratio The current ratio is one of the major ratios that stress on the liquidity position of the company. It helps in providing an answer that whether the company has proper set of assets to meet the obligations. The ideal ratio is 2:1 that means the company have current asset of $1 for every $2 of current liability (Guerard, 2013). For Dicksmith, the current ratio has declined marginally. This indicates that the current liabilities increased more than the increment in the current assets. Current ratio 2014 2015 Current asset 335906 389979 Current Liabilities 266807 316527 Current ratio =current asset/ current liabilities 1.258985 1.232056 b. Acid test ratio It is a better indicator than the current ratio because it eliminates the component of inventory at the very beginning (Guerard, 2013). The ideal ratio here is 1:1 but in case of Dicksmith the quick ratio is marginally lower and indicates the ratio is not ideal. Moreover, it is an alert for the management as a whole. Quick ratio 2014 2015 Quick Asset 82092 96935 Current liabilities 266807 316527 Quick ratio =quick assets/ current liabilities 0.307683 0.306246 c. Receivable turnover The receivable turnover projects that the receivable are collected 5 times a year and moreover, it remains unchanged both the years. It is needed to have a strong receivable turnover for better operations. Receivable turnover 2014 2015 Net credit sales 1227604 1319670 Average inventory 253814 273429 Receivable turnover = net credit sales/ average inventory 4.836628 4.826372 d. Inventory Turnover This ratio projects that inventory is sold 4 times a year and remained unchanged in both the years. However, the management must ensure that the inventory are sold regularly that will stabilize the companys inventory turnover ratio. Inventory turnover 2014 2015 cost of goods sold 919602 992828 Average inventory 253814 273429 Inventory turnover ratio = cost of goods sold/average inventory 3.623133 3.631027 e. Net profit Margin This ratio portrays the net profit to sales. The computation of this ratio indicates that there has been an increment in the net profit margin (Gibson, 2012). However, the ratio is lower and this can be cited due to less net profit. Net Profit Margin 2014 2015 Net Profit 19826 37905 Revenue 1227604 1319670 NP Margin =- Net profit/revenue *100 1.615016 2.872309 f. Gross profit margin This ratio is the ratio of gross profit to sales. The gross profit margin of Dicksmith has dropped marginally indicating that the management has not been able to have a strong control over the cost of goods sold (Horngren, 2013). GP margin 2014 2015 Gross Profit 308002 326842 Revenue 1227604 1319670 GP margin = gross profit/revenue *100 25.08969 24.76695 g. Assets turnover The Asset turnover ratio highlights the management effort to generate revenue. Therefore, a high ratio is required and is even an ideal one. For Dicksmith the ratio has declined that indicates the management has not been able to utilize the assets in a profitable manner (Gibson, 2012). A higher ratio projects a strong situation but the ratio has dropped in this case. Asset turnover ratio 2014 2015 Sales 1227604 1319670 Total assets 451171 508521 Asset turnover ratio = sales/ Total assets 2.720928 2.595114 h. Return on Assets The main aim of this ratio is to stress the way in which the utilization of the assets are done. The ratio is very poor for Dicksmith that implies the improper utilization. Therefore, the management must pay heed to this ratio to derive strong returns (Horngren, 2013). Return on assets 2014 2015 Net income 19826 37905 Avg total Assets 451171 479846 Return on assets = net income/ Avg total Assets 0.043943 0.078994 i. Return on Equity Return in equity implies the manner in which the equity has been utilized to generate returns (Brigs, 2013). The ratio has enhanced in the year 2015 that gives an implication of the better use of the component of equity. Return on equity 2014 2015 Net income 19826 37905 shareholder equity 166940 169147 Return on equity = net income/ shareholder equity 0.118761 0.224095 j. Earnings per share EPS can be termed as the share of the portion of the company that is attached to every share of common stock that is outstanding in nature. When the EPS is higher, the company has a higher profitability scenario and vice versa (Brigs, 2013). EPS for Dicksmith has declined in 2015 that is not a strong indicator. Earnings per share 2014 2015 0.16 0.08 5. Evidence of Optimism The most relevant motive of a listed company is to safeguard the shareholders interests and Dicksmith Holding Ltd successfully fulfills this motive. The security holders of company are being given accurate and adequate information by making proper disclosures so that they can exercise their rights efficiently. Optimism of Dicksmith is clearly evident from its reports and several other widespread discussions. Dicksmith Holding Ltd is being identified as one of the biggest equity heist of all times as it successfully transformed $10 million to $520 million and that too within two years. The private equity assumes a special place of importance as it is considered as one of the most biggest ever witnessed. All these information about the company and its governance can be availed through the website and it can be learnt how a ten million dollar company got transformed into such a massive company in a short period. The regular participation of security holders and communication with the company also favored the company and fetched various benefits. This showcases the strong relations of the company and hence also provides an evidence of optimism as the shareholders are attracted when their interests are safeguarded and when the company has strong fundamentals (Lemke, 2014). Conclusion It can be observed that corporate governance has played a major role in enhancing the management of the company and making the company reach significant heights. After getting listed and following the ASX principles, Dicksmith witnessed significant growth within one year itself as it successfully complied with all the required obligations. But it is to be noted that in relation to the growth of company, it is the Board that must be complimented. The main reason is that the concepts of disclosure helped the company to gain a firm position on the minds of shareholders. Through a ratio analysis of the company, it can be observed that the company has performed well and has a strong future and only a few ratios must be stressed upon. But the reason that led the downfall of Dicksmith and made it enter into receivership is that it failed to acquire required funds in order to back up the business. Even in 2015, the sales and cash position of the company were significantly below expectations that was due to a poor point in the last quarter of the year. But however the major failure witnessed are the companys inabilities to provide finance for re-stocking. Going by the entire discussion and highlighting on various ratios it can be commented that Dickmsith is not a good bet at the current point of time because liquidity position is shaken as indicated by the quick ratio. Moreover, net profit margin is not strong to provide solidity. The other ratios like asset turnover, equity turnover are projecting a weak scenario. Therefore, it is not good to invest in the company at the current point of time. References Benz, M., Frey, B.S. (2007). Corporate Governance: What can we learn from public governance? Academy of Management Review, 32(1), 92-104 Brigs, A. (2013).Financial reporting analysis. Mason, Ohio: South-Western. Cogan, D. (2009). 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