Working Capital Management Assignment :: Business Finance

Working Capital Management Worksheet Concept Application of Concept in Scenario Citation of Concept in Reading Personal Experience in your Organization Short-term financing plan: • Bank loan Ââ€" borrowing from the bank. • Stretching payable Ââ€" putting off paying its bills. Due to the situation that Lawrence has put the company into, in which Lawrence had borrowed from the bank and deferred payment to Gartner by a week. Brealey, 2005, p. 852 In order to meet the liabilities of deferred tax payment and the company's payable obligation, my company has applied for a revolving credit line by our lender. So for the short-run, my company where I am working for has managed to make payment on time. Financial budgeting: • Cash inflow. • Cash outflow. The task imposed on the CFO of planning cash inflow and cash outflow to retain at least a minimum of $50,000 each week while keeping the loan burden to the least level required a careful financial budgeting. Brealey, 2005, p.849 At my company, a budget for expecting expenses associated with a particular property will be planned. Improvements on the property and projected cash inflow will be assessed in order to have the needed cash handy for the upcoming month. Credit Management: • Accounts receivables. • Accounts payables. Regarding the task required based on the scenario in the simulation, the CFO has to negotiate short-term payment and collection arrangements with its business partners for keeping the amount of cash the company needs to borrow as low as possible. Brealey, 2005, p.814 Property managers are told to collect rents from tenants as much as possible each month. To put forth this effort and encouraging them to really make the attempts, special bonus is paid out if a certain percentage on total rent for the property has been reached. Working Capital Management Worksheet Concept Application of Concept in Scenario Citation of Concept in Reading Personal Experience in your Organization Cash: • Offering liquidity. • Being better prepared in case of cash shortage. The requirement of retaining at least a minimum of $50,000 on cash applies to the concept that cash has more liquidity to offer. Also having enough cash on hand increase the chance for the company to survive for unexpected event as illustrated in the scenario where additional liabilities were due because of poor packaging and handling about the shipped equipments. Brealey, 2005, p.821 This concept can also be observed in the company where I am with. Besides the weekly check cut to meet our obligations, additional cash has been put aside by our controller. Once it has reached the set level, surplus will be distributed to other properties that have funding shortages for planned projects.

Changes to Womens Rights Since 1945

Women’s rights have changed significantly after 1945 as ideas that show women are inferior to men were being abolished to create a more equal society. Employment, politics and social change were factors that have been altered. Without these changes, Australia would still be a sex – segregated society with justified ideas that a women’s place is in the home. Prior to 1945, women’s rights were limited in areas of employment, politics and social change. Women were expected to be housewives who were not entitled to the same wage as men because society had an enshrined idea that men needed enough to support a wife and children.Also, women had limited opportunities to voice their concerns and interests in public places and suffered against abusive family situations. This began to change when feminists started to libber against these inequities. Employment before 1945 showed many inequalities between men and women due to differences in wage and unfair rights. The Equal Pay Case of 1972 was an event that sparked during the 70’s due to inequalities of wages between men and women. The Whitlam government introduced the minimum wage for both genders as a start for equality in the workplace.Another thing the Whitlam Government introduced was free tertiary education for all women allowing social mobility. This opened doors to a wider range of jobs like medicine, nursing, or law and gave women a chance to be independent. The Anti Discrimination Act of 1985 was a law made to prohibit discrimination based on gender or pregnancy for everyone from employers to co-workers or in public areas. Although the equal pay case was not a complete success, introducing the minimum wage, free tertiary education and the anti discrimination act was a major success in changing women’s rights.Women had limited voices to discuss issues of equality in politics. This changed when feminists such as Germaine Greer wrote and encouraged women to be politically a ctive. The Women’s Electoral Lobby (WEL) was formed in 1972, which advocated for childcare and maternity leave. In 1975, the Whitlam Government elected a women’s representative Elizabeth Reid to address women’s rights in the political arena. Politics has changed immensely since 1945 as women politicians started to rally for women’s rights. Social change was a major change in women’s rights from 1945 as different ideas and views were being voiced to force change.In 1961, the introduction of the Birth Control Pill was a major event that affected many working class women. This pill gave women the chance to take control of their own body and lives as they can now move into the workforce without the problems of leaving due to giving birth. Also, the new laws like the No Fault Divorce of 1975 and the changing of the rape laws in 1981 helped women escape abusive relationships and prohibited men from divorcing their spouse for no reason. The introduction o f the pill and new laws gave women more control and safety to women and this was a major change in women’s rights from 1945.

Things Fall Apart Rhetorical essay - 1425 Words

Things Fall Apart Rhetorical Analysis Essay By Saad Malhi The novel Things Fall Apart by Chinua Achebe discusses the rise of an Igbo chieftain who came from great poverty to power and the eventual loss of Igbo traditions, rites, and the influence of his clan through his eyes due to western imperialism and colonialism. The intended audience for this novel is very broad, but if we tried to define it would primarily be people who have not experienced the Igbo culture and westerners or people who speak English. In this essay I will be focusing on the last six chapters: chapters 20 to 25. These chapters highlight the loss of power and customs of the Igbo people who have succumb to colonial rule. I fell Achebe is rhetorically effective and†¦show more content†¦It also shows Okonkwo is trying to ready himself for the stark reality that he will have to start all over back from his humble beginnings. And this is no simple task but something which is very hard to do and in some cases very mentally taxing because it is hard not to look back to a better time. This is emotionally and rhetorically appealing because the audience can relate to when they have had their ups and downs or losses and start from scratch and relate to the feeling of losing a lot. It simply connects the reader emotionally to understand that Okonkwo due to his exile has suffered terribly. Another example of the use of pathos in the novel is when Okonkwo is found dead: Obierika, who had been gazing steadily at his friends dangling body, turned suddenly to the District Commissioner and said ferociously: That man was one of the greatest men in Umuofia. You drove him to kill himself and now he will be buried like a dog... He could not say any more. His voice trembled and choked his words. (Achebe 73) Here we can see the sadness and bitterness Obereika and the other Igbo felt after Okonkwo’s death. 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