Southwest Financial free essay sample

After analyzing the different ratios, it would conclude that Southwest is doing very well. Liquidity Ratios: Liquidity ratios use the ratio to determine a companys ability to pay Off its short-term debt obligations. This ratios express the companys capabilities of repaying the short-term responsibilities using the current assets. The ratios re used by lenders, creditors among other stakeholders to show the financial muscle of the company to clarify its liquidity. The ratios are; current ratio and quick ratio, which are significant in tallying liquidity and cash flow.The current ratio is current assets divided by current liabilities with the positive number( answer) showing the number of times the current assets can cover the current liabilities while a negative confirms the same. The quick ratio is derived by deducting the inventory figure from the current assets then dividing the answer with the current liabilities. This further elaborates the rims position in paying its short-term liabilities without considering inventory, which has not been sold to create cash flow. We will write a custom essay sample on Southwest Financial or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Generally, the higher the value of the ratio, the larger the margin of safety that the company possesses to cover the short-term debt. As you can see from the chart below, Southwest Airlines is very strong financially and has a lot of liquid assets/cash available to pay short-term debt if the need arose. Liquidity Ratios 12/31/2013 Net Current Assets % TA -7. 52 -631 -227 -l . 04 Market -value Indicator: These are a sequence of diverse indicators that are used by analyst, investors, and other stakeholders to understand the trends of a particular stock.The most commonly used ratio under the market value indicators is the price-earnings ratio, derived by dividing the price per share with the earning per share in a specific period. The price to earnings ratio (PEE Ratio) is the measure of the share price relative to the annual net income earned by the firm per share. PEE ratio shows current investor demand for a company share, with the example below showing the trend in the past five years. DuPont Analysis: The industry benchmark compares the aggregate of firms in the same industry. The chart below is how Southwest Airlines is compared to their competitor Delta Airlines.

The History Behind the Presidents Resolute Desk

The History Behind the Presidents Resolute Desk The Resolute desk is a massive oak desk closely associated with presidents of the United States due to its prominent placement in the Oval Office. The desk arrived at the White House in November 1880, as a gift from Britains Queen Victoria. It became one of the most recognizable pieces of American furniture during the administration of President John F. Kennedy, after his wife realized its historic significance and had it  placed in the Oval Office. Photographs of President Kennedy seated at the imposing desk, as his young son John played beneath it, peeking out from a door panel, captivated the nation. The story of the desk is steeped in naval lore, as it was crafted from oak timbers of a British research vessel, HMS Resolute. The Resolutes fate became wrapped up in the exploration of the Arctic, one of the great quests of the mid-1800s. The Resolute had to be abandoned by its crew in the Arctic in 1854 after becoming locked in ice. But, a year later, it was found drifting by an American whaling ship. After a meticulous refitting at the Brooklyn Navy Yard, the Resolute was then sailed by an American naval crew to England. The ship, with great fanfare, was presented by the American government to Queen Victoria in December 1856. The return of the ship was celebrated in Britain, and the incident became a symbol of friendship between the two nations. The story of the Resolute faded into history. Yet at least one person, Queen Victoria, remembered. Decades later, when the Resolute was taken out of service, the British monarch had oak timbers from it saved and crafted into a desk for American presidents. The gift arrived, as a surprise, at the White House during the administration of President Rutherford B. Hayes. The Story  of H.M.S. Resolute The bark H.M.S. Resolute was built to withstand the brutal conditions of the Arctic, and the heavy oak timbers used in its construction made the ship uncommonly strong. In the spring of 1852 it was dispatched, as part of a small fleet, to the waters north of Canada, on a mission to search for any possible survivors of the lost  Franklin Expedition. The ships of the expedition became locked in ice and had to be abandoned in August 1854. The crews of the Resolute and four other ships set out on a dangerous journey over ice to meet up with other ships that could return them to England. Before abandoning the vessels, the sailors had secured hatches and left things in good order, though it was assumed the ships would be crushed by encroaching ice. The crew of the Resolute, and the other crews, made it safely back to England. And it was assumed the ship would never be  seen again. Yet, a year later, an American whaler, the George Henry, saw a vessel drifting on the open ocean. It was the Resolute. Thanks to its astoundingly sturdy construction, the bark had withstood the crushing ice. After breaking free during a summer thaw, it somehow drifted a thousand miles from where it had been abandoned. The crew of the whaling ship managed, with great difficulty, to sail the Resolute back to harbor in New London, Connecticut, arriving in December 1855. The New York Herald published an extensive front-page story describing the Resolutes arrival at New London  on December 27, 1855. The British government was informed of the find, and accepted that the ship was now, according to maritime law, the property of the whaling crew who had found her on the open ocean. Members of Congress became involved, and a bill was passed authorizing the federal government to purchase the Resolute from the private citizens who were its new owners. On August 28, 1856, the Congress authorized $40,000 to purchase the ship, refit it, and sail it back to England to present to Queen Victoria. The ship was quickly towed to the Brooklyn Navy Yard, and crews began restoring it to seaworthy condition. While the ship was still quite sturdy, it needed new rigging and sails. The Resolute sailed from the Brooklyn Navy Yard on November 13, 1856, bound for England. The New York Times published an article the following day which described the extreme care the U.S. Navy had taken in repairing the ship: With such completeness and attention to detail has this work been performed, that not only has everything found on board been preserved, even to the books in the captains library, the pictures in his cabin, and a musical-box and organ belonging to other officers, but new British flags have been manufactured in the Navy Yard to take the place of those which had rotted during the long time she was without a living soul on board.From stem to stern she has been repainted; her sails and much of her rigging are entirely new, the muskets, swords, telescopes, nautical instruments, etc., which she contained have been cleaned and put in perfect order. Nothing has been overlooked or neglected that was necessary to her most complete and thorough renovation. Several thousand pounds of powder which were found on board will be taken back to England, somewhat deteriorated in quality, but still good enough for ordinary purposes, such as firing salutes. The Resolute had been built to withstand the Arctic, but was not very fast on the open ocean. It took nearly a month to reach England, and the American crew found itself in peril from an intense storm just as it neared Portsmouth harbor. But conditions suddenly changed and the Resolute arrived safely and was greeted with celebrations. The British extended a welcome to the officers and crew who had sailed the Resolute to England. And even Queen Victoria and her husband, Prince Albert, came to visit the ship.   Queen Victorias Gift In the 1870s the Resolute was taken out of service and was going to be broken up. Queen Victoria, who apparently harbored fond memories of the ship and its return to England, directed that oak timbers from the Resolute be salvaged and made into a gift for the American president. The enormous desk with elaborate carvings was crafted and shipped to the United States. It arrived in a huge crate at the White House on November 23, 1880. The New York Times described it on the front page the following day: A large box was received and unpacked at the White House today, and was found to contain a massive desk or writing table, a present from Queen Victoria to the President of the United States. It is made of live oak, weighs 1,300 pounds, is elaborately carved, and altogether is a magnificent specimen of workmanship. The Resolute Desk and the Presidency The massive oak desk remained in the White House through many administrations, though it was often used in upstairs rooms, out of  public view. After the White House was gutted and restored during the Truman administration, the desk was placed in a ground floor room known as the broadcast room. The enormous desk had fallen out of fashion, and was essentially forgotten until 1961. After moving into the White House, First Lady Jacqueline Kennedy began exploring the mansion, becoming familiar with the furniture and other fittings. She discovered the Resolute desk in the broadcast room, obscured under a protective cloth covering. The desk had been used as a table to hold a motion picture projector. Mrs. Kennedy read the plaque on the desk, realized its significance in naval history, and directed that it be placed in the Oval Office. A few weeks after President Kennedys inauguration, the New York Times published a story about the desk on the front page, under the headline Mrs. Kennedy Finds a Historical Desk for President.   During the administration of Franklin Roosevelt, a front panel, with a carving of the Great Seal of the United States, was installed on the desk. The panel had been requested by President Roosevelt to hide his leg braces. The desks front panel opened on hinges, and photographers would snap the Kennedy children playing under the desk and looking out through its unusual door. Photographs of President Kennedy working at the desk as his young son playing under it became iconic images of the Kennedy era. After President Kennedys assassination the Resolute desk was removed from the Oval Office, as President Johnson preferred a simpler and more modern desk. The Resolute desk, for a time, was on display in the Smithsonians American Museum of American History, as part of an exhibit on the presidency. In January 1977, incoming President Jimmy Carter requested that the desk be brought back to the Oval Office. All the presidents since have used the gift from Queen Victoria crafted of oak from H.M.S. Resolute.

Profile of Toni Morrison, Nobel Prize Winning Novelist

Profile of Toni Morrison, Nobel Prize Winning Novelist Toni Morrison (February 18, 1931, to August 5, 2019) was an American novelist, editor, and educator whose novels focused on the experience of black Americans, particularly emphasizing black womens experience in an unjust society and the search for cultural identity. In her writing, she artfully used fantasy and mythical elements along with realistic depictions of racial, gender and class conflict. In 1993, she became the first African American woman to be awarded the Nobel Prize in Literature. Fast Facts: Toni Morrison Known For: American novelist, editor, and educatorAlso Known As: Chloe Anthony Wofford (given name at birth)Born: February 18, 1931 in Lorain, OhioDied: August 5, 2019 in The Bronx, New York City (pneumonia)Parents: Ramah and George WoffordEducation: Howard University (BA), Cornell University (MA)Noted Works: The Bluest Eye, Song of Solomon, Beloved, Jazz, ParadiseKey Awards: Pulitzer Prize for fiction (1987), Nobel Prize in Literature (1993), Presidential Medal of Freedom (2012)Spouse: Harold MorrisonChildren: sons Harold Ford Morrison, Slade MorrisonNotable Quote: â€Å"If you’re going to hold someone down you’re going to have to hold on by the other end of the chain. You are confined by your own repression.† Along with the Nobel Prize, Morrison won the Pulitzer Prize and the American Book Award in 1988 for her 1987 novel Beloved, and in 1996, she was selected for the Jefferson Lecture, the U.S. government’s highest honor for achievement in the humanities. On May 29, 2012, she was presented with the Presidential Medal of Freedom by President Barack Obama. Early Life, Education, and Teaching Career Toni Morrison was born Chloe Anthony Wofford in Lorain, Ohio, on February 18, 1931, to Ramah and George Wofford. Growing up during the economic hardship of the Great Depression, Morrison’s father, a former sharecropper, worked at three jobs to support the family. It was from her family that Morrison inherited her deep appreciation for all aspects of black culture. Morrison earned Bachelor of Arts degrees from Howard University in 1952 and a Masters degree from Cornell University in 1955. After college, she changed her first name to Toni and taught at Texas Southern University until 1957. From 1957 to 1964, she taught at Howard University, where she married Jamaican architect Harold Morrison. Before divorcing in 1964, the couple had two sons together, Harold Ford Morrison and Slade Morrison. Among her students at Howard were future Civil Rights Movement leader Stokely Carmichael and Claude Brown, author of Manchild in the Promised Land. In 1965, Toni Morrison went to work as an editor at book publisher Random House, becoming the first black woman senior editor in the fiction department in 1967. After returning to teaching at State University of New York at Albany from 1984 to 1989, she taught at Princeton University until she retired in 2006. Writing Career While working as a senior editor at Random House, Morrison also started sending her own manuscripts to publishers. Her first novel, The Bluest Eye, was published in 1970 when Morrison was 39. Bluest Eye told the story of a victimized young black girl whose obsession with her idea of white beauty drove her longing for blue eyes. Her second novel, Sula, depicting the friendship between two black women, was published in 1973, while she was teaching at State University of New York. While teaching at Yale in 1977, Morrison’s third novel, Song of Solomon, was published. The book gained critical and popular acclaim, winning the 1977 National Book Critics Circle Award for fiction. Her next novel, Tar Baby, exploring the conflicts of race, class, and sex, was published in 1981 and led to her being accepted as a member of the American Academy of Arts and Letters. Morrison’s first play, Dreaming Emmett, about the 1955 lynching of black teenager Emmett Till, premiered in 1986. The Beloved Trilogy Published in 1987, Morrison’s most celebrated novel, Beloved, was inspired by the life story of Margaret Garner, an enslaved African American woman. Remaining on the New York Times bestseller list for 25 weeks, Beloved won the 1987 Pulitzer Prize for fiction. In 1998, Beloved was made into a feature film starring Oprah Winfrey and Danny Glover.   The second book in what Morrison called her â€Å"Beloved trilogy,† Jazz, came out in 1992. Written in a style imitating the rhythms of jazz music, Jazz depicts a love triangle during New York City’s Harlem Renaissance period of the 1920s. Critical acclaim from Jazz resulted in Morrison becoming the first African American woman to be awarded the Nobel Prize in Literature in 1993. Published in 1997, the third book of Morrison’s Beloved trilogy, Paradise, focuses on the citizens of a fictional all-black town. In suggesting that Beloved, Jazz, and Paradise should be read together as a trilogy, Morrison explained, â€Å"The conceptual connection is the search for the beloved- the part of the self that is you, and loves you, and is always there for you.† In her 1993 Nobel Prize acceptance speech, Morrison explained the source of her inspiration to depict the black experience by telling the story of an old, blind, black woman who is confronted by a group of black teenagers who ask her, â€Å"Is there no context for our lives? No song, no literature, no poem full of vitamins, no history connected to experience that you can pass along to help us start strong? †¦ Think of our lives and tell us your particularized world. Make up a story.† Final Years and the Writing of Home In her later life, Morrison wrote children’s books with her younger son, Slade Morrison, a painter and a musician. When Slade died of pancreatic cancer in December 2010, one of Morrison’s final novels, Home, was half-completed. She said at the time, â€Å"I stopped writing until I began to think, he would be really put out if he thought that he had caused me to stop. ‘Please, Mom, Im dead, could you keep going . . . ?’† Morrison did â€Å"keep on going† and finished Home, dedicating it to Slade. Published in 2012, Home tells the story of a black Korean War veteran living in the segregated United States of the 1950s, who fights to save his sister from brutal medical experiments performed on her by a racist white doctor. In a 2008 interview with NPR’s Michel Martin, Morrison addressed the future of racism: â€Å"Racism will disappear when [it is] no longer profitable and no longer psychologically useful. When that happens, it’ll be gone.† Today, Oberlin College, in Oberlin, Ohio, is the home of the Toni Morrison Society, an international literary society dedicated to teaching, reading, and researching the works of Toni Morrison. Toni Morrison died at age 88 from complications of pneumonia at the Montefiore Medical Center in The Bronx, New York City, on August 5, 2019. Updated by Robert Longley Sources and Further Reference .†Toni Morrison Fast Factsâ€Å" CNN Library. (August 6, 2019).Duvall, John N. (2000). â€Å".†The Identifying Fictions of Toni Morrison: Modernist Authenticity and Postmodern Blackness Palgrave Macmillan. ISBN 978-0-312-23402-7.Fox, Margalit (August 6, 2019). â€Å".†Toni Morrison, Towering Novelist of the Black Experience, Dies at 88 The New York Times.Ghansah, Rachel Kaadzi (April 8, 2015). â€Å".†The Radical Vision of Toni Morrison The New York Times. ISSN 0362-4331..†Ghosts in the House: How Toni Morrison Fostered a Generation of Black Writersâ€Å" The New Yorker. October 27, 2003.

Doctorate of business administration in international business (DBA) Personal Statement

Doctorate of business administration in international business (DBA) - Personal Statement Example In fact, I had never heard of these terms, and did not think it was necessary to carry out such activities. Consequently, as you can imagine, I lost all my money from that experience. Fortunately, my parents were still financially supporting me, and I wasn’t responsible for a wife and children, car payments, or rent, etc. I was grateful that I still had a roof over my head, but I felt like a complete fool. I vowed then and there not to let that happen to me again. I learned some very important lessons from the above-mentioned debacle, especially about greed. Slow, steady earnings that keep pace with your life are just fine. Investments that yield higher profits more quickly are nice but they are also inherently risky. Using the Madoff scandal as a model of what not to do as an investor, I know now that diversification of assets is essential. Putting all your eggs in one basket so to say is never a wise practice in the world of investment. There are just too many uncontrollable and uncertain variables that could take down any one company or industry. I learned from my failures in investing. With a long career ahead of me, I can afford to take some risks, but should also focus on building a stable, long-term portfolio. On a much larger scale, this is the best time to be studying the failures of our economic systems and how we can build stronger, more secure ones for the future. It is clear that having a comprehensive knowledge of the law is as important as studying business alone. It is also important to do business with trustworthy institutions, and to do extensive preliminary research, such as through examining the company’s own as well as independent reports. In the past, we could rely on reputable brokerage firms, stockbrokers, and the advice of successful friends, but this is no longer an option, and calls for greater international regulatory and enforcement agencies have been

Hawaiian island ecosystem Essay Example | Topics and Well Written Essays - 750 words

Hawaiian island ecosystem - Essay Example here is a gradient between ecosystems-wide impact, as is caused by drastic habitat change, and impact on single species† (Committee on Resources, 2003). Erosion or land runoff contributes approximately two third of total land pollution in the island which has become the biggest menace today. Commercial factor of fishing has destroyed coral reef. Reports (as cited in Timbers, n.d.) reveal the fact that ‘Seventy five percent of fish species in Hawaii are in critical condition’. Above all, the marine debris pollutes the water of river, stream, ocean and sea. Evidently, as an after effect of the waste disposal, many species have already vanished from the face of the earth. It is important to think if the threat posed by the invasive species can be overcome some way. Biological control seems effective in this regard. In order to get rid of these deadly species, and for controlling pests, weeds, plant deceases, and even insects, as a practical solution, relying on certai n living organisms, such as predation, parasitism, or certain other natural mechanisms is effective. In other words, pest management is the primary and ever relevant method to overcome the danger caused by invasive species. In addition, it is necessary to overcome problems in which man has direct involvement. For instance, the issue of marine debris has to be addressed with prime importance. Evidently, marine debris occurs mostly due to excess disposal of plastic on the water. And, preventing such waste disposal needs proper management and collaborative effort. Eventually, by improving control over overuse of plastics it is possible at certain extent. Along with this, non-governmental initiatives and awareness programs can also ensure public participation in protecting the aquatic environment...This paper will analyze the major ecological issues in the region, their tragic effects, and practical solutions. It is important to think if the threat posed by the invasive species can be overcome some way. Biological control seems effective in this regard. In order to get rid of these deadly species, and for controlling pests, weeds, plant deceases, and even insects, as a practical solution, relying on certain living organisms, such as predation, parasitism, or certain other natural mechanisms is effective. In other words, pest management is the primary and ever relevant method to overcome the danger caused by invasive species To recapitulate, Hawaii Island is the promise island among many islands across the United States. The region has been facing potential environmental threats for the recent decades. Unfair human intervention along with invasive species constitutes the major threat to the eco-balance of the island. The success of bringing harmony in the island depends on analyzing the problem and applying practical solutions. Only a comprehensive approach can find a proper solution for this issue. Stakeholders in this matter include government, NGOs, tourists, and the general public. Among the practical solutions, pest management is very important. Other strategies include but not limited to awareness programs, prevention of aquatic disposal, and preservation of endangered species.

Tyson’s Marketing Move Essay Example for Free

Tyson’s Marketing Move Essay An article in the Australian (31 January 2007) entitled â€Å"Ethanol boom fuels food prices: Tyson† talks about the Tyson’s view on boosting ethanol production. Tyson, the leading producer of meat and poultry products calls the attention of the US government as to the increasing cost of corn feeds due to booming production of ethanol. This article illustrates how an issue can affect the marketing activities of companies. The marketing plans of a company are affected by a dynamic marketing environment.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The marketing environment of a company is composed of several forces. This includes competitive, economic, political, legal and regulatory, technological and socio-cultural forces (Pride Ferrell, 2006, p.8). These forces affect both the customers and the marketing mix of the company. Marketing mix is referred to as elements of marketing that will satisfy the customers. These elements are product, distribution, price and promotion. Product refers to a good, a service or an idea. Distribution deals with making the product conveniently available to the customers. The price variable relates to decisions and actions that will lead to determining product prices. Promotion refers to activities of the company that will inform customers about the organization and its products(Pride Ferrell, 2006, pp.6-7). A marketer mixes these elements and determines the right combination that will result to what customers would need and want. The Tyson-Ethanol article shows how the company used the booming ethanol issue as a marketing tool. The company president and chief executive gave the company’s stand on the food-vs-fuel debate by recognizing the effect of ethanol produced from corn crops to the global prices of food. By doing so, it is somehow promoting that Tyson wants its products to be affordable to the customers but because of this issue, prices may increase. This illustrates how economic and technological forces of the marketing environment can affect the element of pricing and promotion in the marketing mix.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   According to Pride and Ferrell (2006) the effect of the forces of the marketing environment on both the company and the customer can be dramatic and unpredictable. It can either be a problem for the marketers or a great opportunity to generate new products or new ways of getting the customer’s attention. Companies who are alert to changes in the marketing environment can capitalize on these issues. Marketers can readily adapt to these changes and use them as opportunities that will be beneficial to the company. As Borden (1984, p.9) said â€Å"the skillful marketer is one who is a perceptive and practical psychologist and sociologist, who has keen insight into individual and group behavior, who can foresee changes in behavior that develop in a dynamic world, who has creative ability for building well-knot programs because he has the capacity to visualize the probable response of consumers, trade and competitors to his moves.† The marketing team of Tyson, through this article, shows that they are aware of an issue that they foresee would affect their business. That then shows how they adapt and plan accordingly their next move. References: BORDEN, N H. 1984. The Concept of Marketing Mix. Journal of Advertising Research, vol. 2, p. 9. CAMERON, D. Ethanol boom fuels food prices: Tyson. 2007. The Australian, 31 January. PRIDE, W M, and O C. FERRELL. 2006. Foundations of Marketing. Boston: Houghton Mifflin College Division

Essay --

Jonathan Swift was a famous author who combined humor and politics to create many prominent works. He was born in Dublin, Ireland on November 30, 1667. Swift was born prematurely and with Menierà ©Ã¢â‚¬â„¢s Disease, a condition in the inner ear that causes nausea and hearing problems. Because his birth mother couldn’t provide for him, she gave him over to a relative named Godwin Swift. As a child, Jonathan Swift went to Kilkenny Grammar School, which was the best school in Ireland. During elementary and middle school, Jonathan was friends with William Congreve, a future poet and playwright. At the age of fourteen, Swift entered Trinity College in Dublin. Because he didn’t have financial support, he had to drop out after four years, but he still received a bachelor’s degree. After college, Swift moved to his mother’s home in Leicester, England, and it was there where he received his first job. He became Secretary to a retired diplomat, Sir William Temple, staying with him at his home in Moor Park. This was an important event for Swift where he gained some power as a politician. He only obtained this job because he had many family connections, and his relatives had good reputations. At his job at Moor Park, he met Esther â€Å"Stella† Johnson who was 8 years old at the time. They had a long-lasting friendship, and he became a tutor, mentor, and a great friend to her. Soon, Jonathan Swift sought a new occupation, and in 1694, he worked for an Anglican priest. After he worked with the church for about a year, Swift returned to Moor Park and had his old job back. When Sir William Temple grew old, Jonathan Swift was instructed to publish William’s work after his death. Soon, Sir William passed away, and he left Swift  £100 and his unpublished books th... ...s. Gulliver is able to sail to Japan, and from there, he travels back to England. On his fourth and final journey, Gulliver becomes a victim of mutiny and lands in a mysterious land populated by Houyhnhnms, rational-thinking horses who rule the Yahoos, savage humanlike creatures. He becomes great friends with the Houyhnhnms, but when they realize that he physically resembles a Yahoo, they banish him from the island. Jonathan Swift was an Irish satirist, essayist, poet, and cleric who turned political writing into something more riveting and humorous. Although his works were aimed towards the political audience, his writings impacted everyone in Europe in many ways. His combination of genres created a new theme that was admired by many groups of people. Though his work may not be remembered forever, he will remain a distinguished author in all of his reader’s hearts.