The Impact Of Being Green Benefits Companies And...

Summary Becoming a green organisation or a company have become everyday term, and nowadays we are familiar with the problem and what we can do to save our planet. But way don’t we do more? To become more eco friendly, the companies and the organisations need to involve their employees and make them a part of the team. The small things we can do is: ï‚ § Use less paper. ï‚ § More knowledge ï‚ § Use eco friendly products, such as paper, cars and equipment. It is not just a benefit for our environment but also for the companies and they can save a huge amount of money to be more environmental friendly. There is also a huge demand from customers that they want to support a company who is thinking green. Terms of reference — list the†¦show more content†¦Environmental protection is the third pillar and it means that we all know what to do to protect the planet, recycling, use less power, walk instead of taking the car. Today, companies and organizations are aware of their sustainability as it is an important part of their establishment. Not only for the company s image, but for the savings they can make, and for their employee’s safety.†¨Ã¢â‚¬ ¨ Because of the increased population and urbanization, we have now stretched the environment to its limits. People are nowadays more familiar with the problem and it ´s effect on human life and our planet. We live in a modern society where we consume more power than we can. Environmental sustainability regards making decisions to protect our planet and the impact that businesses and individuals have on the environment. Green business practices: The global warming is becoming an everyday term. There is always more we can do. Educate ourselves and our employees. In that set of mind we can extend our knowledge on the important factor of global warming and increase our resources for a better environment. If the company involve their employees, it will not only make them feel that they are a team, they will also feel more involved and important for their business. There is so many things you and the company can do together that will help the environment. Some things might feel meaningless to do but even if it is some

You Are Perfect, I Love You, Now Change - Free Essay Example

Sample details Pages: 3 Words: 805 Downloads: 3 Date added: 2018/12/14 Category Music Essay Type Review Level High school Did you like this example? The above titled film was a comedy movie based on music which was written by Joe Dipietro and the music by Jimmy Roberts on August 1996. The comedy received its first award in 1997 as the longest running off-Broadway in the outer critics circle award. The movie premiered at the Westside Theater for twelve years before its closure on the 27, 2008.it had a perfect music style and a right combination of sounds. Don’t waste time! Our writers will create an original "You Are Perfect, I Love You, Now Change" essay for you Create order It was the favorite of many until now most people who watched the comedy wish it could come back again. The leading directors of the comic were Joel Bishop. The crew who cast the comedy featured Melissa Weil, Robert Roznowski, and Jennifer Simard. The comedy was first done in Teaneck, NJ. This was the hometown to the writer of the comedy, Joe Dipietro. After its production, the series was first featured by the American stage company theatre under the directors, Glenn Cherries who was the then managing director and James Vagius as the artistic director. The theatre was located on the main campus of Fairleigh Dickson University. At this first premiere, the music was from the Churchill Theatre, Bromley in the United Kingdom, London. The premiere was again followed by a short season which was cast at the West End Comedy theatre in 1999 for a period of two months, from July to September. The season was directed by Joel Bishoff, and the cast featured many members of the crew. Some of the crew members included Shona Lindsay, Gillian Kirkpatrick, Clive Carter and Russell Wilcox. The second premiere ran at the Jermyn Street Theatre in London for six years. The season aired from March 2005 to the end of March. The series was now under the production of Popular Productions Limited. In 2011, the comedy featured at the Bridewell Theatre. Following the cast was the Mandarin which debuted Beijing in June 2007. The comic was performed English inn version in Taipei at the Crown Theatre in the early November 2007. Up to now, the premiere is available in more than 17 languages. The series has shown casted productions in many parts which include Los Angeles, Tel Aviv, Mexico City, Milan, Rio De Janeiro, Johannesburg, Dublin, Buenos, Berlin among others. The comedy was also played by the Kookaburra in 2008 at the National Music Theatre which visited the NSW in Australia. The production had an Australian accent as many of the residents were deeply rooted in Australian language. The recent stage of the comedy was in London at the Leicester Square near West End. The comedy featured Gina Beck, Julie Atherton Samuel Holmes, and Simon Lipkin. The costume design of the comedy was perfect as it could reveal the movie. The love story and loneliness are clearly depicted from the character costumes. The costume design of the characters contributes a lot to the artistic nature of the premiere. The costume design also reveals to the audience the visual world which is compared to the theater. The characters in long red garments were a symbol of love, and it played an enormous role in making one understand the comedy. The costumes used in the comedy depict the historical moments. Different designs of costumes are used in theatre: modern costumes, historical and dance costumes. The clothing in comedy also predicts the era it was produced as both male and female characters are in long robes which are colorfully made. The clothing was perfect for the events chosen for the comedy. The language used in the comedy is one of humor. The comedy is about love and the use of burgeoning romance in humorous terms makes the audience focus more on the comedy. The language makes the audience want to know more and keeps the audience in suspense of the events. The use of comedy language portrays characters who are ridiculous. The sound used also depicts the situation in the movie. The use of low tone can depict sorrow and loneliness of the birds who lone for love. The comedy also uses sounds which depict love situations and moments which arouse the viewer discretion. The main aim of the sound is a connection between the characters and the movie. Sound and music played also reduce boredom in the comedy. It is also essential to know the role of music in the comedy. The music played also depicts the era and the experiences of the characters. Smooth music help recoup the light moments of the comedy. The playback music also helps the audience to retaliate the actions of the movie. Music usually soothes audience; it is used to steal away the sad moments of the audience and put back joy, in this way it will connect the audience with the show. The love music also in the comedy shows or predicts the comeback of the characters in the show. The result is achieved after the music play.

The Women from The Odyssey, The Wife of Bath, and Sir Gawain

The Women from The Odyssey, The Wife of Bath, and Sir Gawain Until recently, the role of women in literature has seemed to reflect the way they were treated in society. Women were seen as secondary to men, and their sole purpose in life was to please a man’s every desire. This is not the case in three specific literary works. The Odyssey, The Wife of Bath, and Sir Gawain and the Green Knight use the actions of its women characters to greatly enhance important thematic elements. The women in each of these works use feminine psyche to persuade men to do things that men of the time would not usually do. The use of women in these literary works is very contrary to the prevailing ideals of the female and her responsibilities at the†¦show more content†¦Pile the big bed With fleeces, rugs, and sheets of purest linen. (23.180-83) After Odysseus becomes enraged when Penelope asks the maid to make his bed outside, she realizes that he knows the secret that only Odysseus and her share. She embraces him and praises his homecoming. Once again, Penelope is wise and patient in her decision-making. The suitors pursued her, overtook her home and aggressively pushed her to remarry as she was supposed to. If Penelope would have given in, The Odyssey would not have ended with Odysseus returning to a loyal home. Through cunning, independence and loyalty, Penelope is able to create a positive image as a woman. Chaucer’s Wife of Bath has similar independence and cunning, but she makes her name as a domineering lady that chooses who she wants, and when she wants them. During the time period in which Chaucer wrote The Wife of Bath women were most commonly seen as prizes won by men. They were treated merely as objects of housework and sex. Although, women of Homer’s time period were not degraded as severely, both periods did not allow the due respect women should have received. The Wife of Bath is an exact antithesis of this view. The Wife of Bath, known as Alison, is the complete opposite of the typical woman of that time. In fact, she acts more like the husband in the marriage. She tells stories of how her first three husbands suffered greatly at her hands. Alison also goes on to describe how

The capital structure decision of new firm - MyAssignmenthelp.com

Question: Discuss aboutThe capital structure decision of new firm. Answer: Description of company: Metallic Minerals Limited is a bauxite developer of Australia that has assets based in Cape York Peninsula of Queensland. Currently, company is concentrating on development and production of its bauxite assets and is transitioning from exploration of minerals. It would help organization in fulfilling the goal of becoming a sustainable, successful and profitable bauxite mine producer. Opportunities to unlock the value from noncore assets are being investigated by company that will help in generating revenue and increase production efficiency. Some of the operations that are owned by company involve Urquhart bauxite project, HMS exploration, Cape York regional bauxite and Urquhart point HMS project (metallicaminerals.com.au, 2018). It has been indicated by Urquhart bauxite project that there will be potential for delivering strong financial returns with minimum capital expenditure. Organization has received approval from Commonwealth and Queensland government for mining lease. It is al so seeking approval from government regarding haul road. Cash reserves of company have been bolstered by availability of standby credit facility, conversion of options and completion of right issue (metallicaminerals.com.au, 2018). Ownership and governance structure of company: The board of directors of metallic minerals comprised of two non-executive directors, non-executive chairman and alternate non executive director. There are no substantial shareholders having higher than 20% of shareholders and the shareholder having higher than 5% of shareholdings is Jien mining Pty limited. It can be seen that there are no shareholders having more than 20% of shares and hence it can be concluded that company is a non-family company. Main people involved in governance firms are non-executive chairman, non executive director and alternate non executive director. Chairman of metallic minerals is Mr, Wang ruobing and he is the largest shareholder of company through its Australian subsidiary. CEO of company is Steve Boulton that has experience in this position over past fifteen years. Other board members include Peter Turnbull who is the non-executive director of company and he has enabled development of business on a global perspective and has considerable experience in commercialization and digital economy. John Haley is the chief financial officer and company secretary and Simon Slesarewich is chief executive officer (metallicaminerals.com.au, 2018). It can be seen that surname of substantial shareholders do not have same surname as that of any members of board of directors. Yes, one shareholder having highest number of shares is involved in the governance of metallic minerals. Calculation of performance ratios: The performance of metallic minerals has been evaluated by computation of key performance ratios such as return on assets, debt ratio and return on equity. Return on assets for company for four consecutive years is negative. Value is computed at -90.57% in year 2014 and this has increased to 108.95% in year 2015 and -48.5% in year 2016 respectively. This negative value is indicative of the fact that assets are not utilized profitably for generating revenue. Return on equity for metallic minerals in year 2014 and 2015 stood at -95.10% and -86.81% respectively. This value has increased significantly in year -117.45% in year 2016 and has reduced to -43.92% in year 2017. There has been improvement in return generated from equity in sense of increasing utilization of shareholder equity. However, value of return generated on equity has been negative and it is indicative of the fact that equity of organization has not been utilized efficiently for generating return to shareholders (Omar et al., 2014). Looking at the value of debt equity, it can be seen that debt ratio has increased significantly from 0.048 in year 2014 to 0.053 in year 2015 and 0.072 in year 2017 respectively. Increase in value of debt ratio is illustrative of the fact that proportion of debt in relation of total equity has increased. However, in the financial year 2017, debt ratio stood at 0.050 and this fall in ratio depicts that company is paying off its debt or they are not able to acquire any other debt in their capital structure. Particulars` 2014 2015 2016 2017 Net Profit after Tax (NPAT) A -15333124 -7722353 -5747331 -2559121 Total Assets (TA) B 16930337 9395752 5275212 6087641 Ordinary Equity (OE) C 16122365 8895597 4893573 5826342 Total Liabilities D 807972 500155 381639 261299 Return on Assets (ROA) E= A/B -90.57% -82.19% -108.95% -48.51% Return on Equity (ROE) F=A/C -95.10% -86.81% -117.45% -43.92% Debt Ratio G=D/B 0.048 0.053 0.072 0.050 TA/OE is the total assets divided by total equity and the relationship between return on assets and return on equity is considerably impacted by it. ROE depicts that how well company is utilizing their equity for generating revenue. An increase in value of total assets is likely to increase the value of return generated on assets and would decrease value of return on equity provided there is an increase in profit generated by company (Renneboog Szilagyi, 2015). If the company generates negative profits, then the impact on ROA and ROE would be negative. ROA is greater than ROE because the value of total assets is more than value of ordinary equities. Throughout the years of analysis, value of assets has exceeded value of equities; however, their individual value has been declining. Graph with the description of results: From the above graph, it can be seen that there is wide fluctuations in the prices of shares of metallic minerals in the beginning of year 2017. In the year 2015 and until end 2016, the movement of share price index has been in line with All ordinaries index. All ordinaries index have been fluctuating and the graph depicts that line is sometimes above price of shares of metallic minerals and for few months, ordinaries index price is below the share price. In the later parts of years, there have been wide fluctuations in the price of shares of metallic minerals. In the recent year, price of shares is below ordinaries index (Armenter Hnatkovska, 2017). Therefore, in recent years, there has been much wider volatility in share price and in the beginning year, share price line is closely related. Significant factors influencing the share price of Metallic Minerals: Share price of Metallic minerals is influenced by the announcement made by company regarding grant of mining lease by the State government. Development of Urquhart bauxite has been done by imposition of development and conditions. The appointment of haulage and mining contractors are done in the project of bauxite and the project is fully funded. Some of the projects is being evaluated by company for the acquisition purpose. Australian mine shares are expected to be granted to metallic minerals on the completion of definitive feasibility study is also likely to influence share price (Faccio Xu, 2015). Therefore, the share price of organization has the likelihood of impacting by their strategically decisions. Calculation of Beta values and expected rate of returns: Particulars Amount Beta of the company A 1.15 Risk Free Rate B 4% Market Risk Premium C 6% Required Rate of Return D=B+[Ax(C-B)] 6.30% The investment of company is determined by the value of beta and beta value being 1.15 indicates that investment strategy is aggressive. Value of beta is higher and it depicts that there is higher volatility along with higher return and higher risks. Investors who are risk averse would not like to make investment in this company. Weighted average cost of capital: Particulars Amount Weightage Cost Return Rate Tax Rate WACC Total Long Term Debt 0 0.00% 0 0.000000000% 30.00% 0.00% Total Equity 5826342 100.00% 6.30% 6.30% TOTAL 5826342 100% 6.30% It can be seen that there is no long-term debt attributable to company in the current year and hence cost of equity will be equal to weighted average cost of capital. Therefore, WACC is same of cost of equity of 6.30%. WACC is the composite cost of capital that is used by investors in evaluating the project undertaken by company. This particular measure helps in forming estimation about organizations expected cost. Computation of capital budgeting is the discount rate used by company. Whether company should undertake any project is terms of risk of compensation and return generated. Higher risks are generated by higher value of WACC and for undertaking additional amount of risks, investors should be provided with higher return (Hamza Hassan, 2017). Debt ratios for the past two years: Debt ratios for the past two years of Metallic minerals stood at 0.072 and 0.050 for financial year 2016 and 2017 respectively. There has not been any stability in value of dividend and in the current situation; the capital structure of organization cannot be evaluated using the value of total equity (Graham and Sathye, 2017). It is so because company is incurring loss year after year and the company cannot seek any further long-term borrowing. Dividend policy: Dividend policy of Metallic minerals has been implemented in accordance with Corporation Act and as per rules that are listed on Australian stock exchange. Payment of dividend to shareholder have incorporated the guidelines and this ensures that share price of metallic mineral will be traded fairly. Payment of dividend has not been recognized in the financial statement for the year ending 30th June, 2017. As per the dividend policy of company, ordinary shareholders are entitled to participate in dividend payments. Company for avoiding any kind of compliance issues does principles prescribing the implementation of dividend policy (Chittenden and Derregia, 2015). Letter of recommendation: Dear XYZ Queensland Australia Respected Sir, I would like to give an opinion of making investments in shares of metallic minerals after conducting a detailed analysis and evaluation of company in terms of their capital, debt structure, financial leverage and share price. From the computation of ratios, it can be inferred that both return on assets and return on equity is negative and this is indicative of the fact that organization are not able to efficiently utilize their underlying assets and shareholders equity. Debt ratio has decreased in recent year because of decline in total value of liabilities. This depicts that liabilities are being paid and there is no further acquisition of long-term borrowing. Moreover, metallic minerals is generating year on year loss and this is not favorable for investors willing to make investment in this company (Minnis Sutherland, 2017). Furthermore, share price of company has been highly volatile from 0.03 in year 2015 to end of year 2017. Therefore, investing in stocks of Metallic mineral would be risky and thereby it has the possibility of not generating favorable to investors in recent years. Therefore, as part of recommendation to XYZ, investment in this company should be avoided and currently they should not involve shares of this company into their portfolio of investment. Thanking you, LMN Investment Company References Armenter, R., Hnatkovska, V. (2017). Taxes and capital structure: Understanding firms savings. Journal of Monetary Economics, 87, 13-33. Breuer, W., Rieger, M. O., Soypak, K. C. (2014). The behavioral foundations of corporate dividend policy a cross-country analysis. Journal of Banking Finance, 42, 247-265. Cao, M., Chychyla, R., Stewart, T. (2015). Big Data analytics in financial statement audits. Accounting Horizons, 29(2), 423-429. Chittenden, F. and Derregia, M., 2015. Uncertainty, irreversibility and the use of rules of thumbin capital budgeting. The British Accounting Review, 47(3), pp.225-236. Faccio, M., Xu, J. (2015). Taxes and capital structure. Journal of Financial and Quantitative Analysis, 50(3), 277-300. Graham, P.J. and Sathye, M., 2017. Does National Culture Impact Capital Budgeting Systems?. Australasian Accounting Business Finance Journal, 11(2). Hamza, S. M., Hassan, Z. (2017). IMPACT OF DIVIDEND POLICY ON SHAREHOLDERS WEALTH: A COMPARATIVE STUDY AMONG DIVIDEND PAYING AND NON-PAYING TECHNOLOGY BASED FIRMS IN USA. International Journal of Information, Business and Management, 9(3), 1 Jagongo, A. O., Mutswenje, V. S. (2014). A survey of the factors influencing investment decisions: the case of individual investors at the NSE. Mbabazize, P.M. and Daniel, T., 2014. Capital Budgeting Practices In Developing Countries: A Case Of Rwanda. Research journalis Journal of Finance vol. 2 No 3 Hal. 34, 38. Metallicaminerals.com.au. (2018).Retrieved 22 January 2018, from https://www.metallicaminerals.com.au/wp-content/uploads/2016/09/Metallica-Minerals-Limited-Annual-Financial-Report-30062017.pdf Michaely, R., Qian, M. (2016). Stock Liquidity and Dividend Policy: Evidence from a Natural Experiment. Minnis, M., Sutherland, A. (2017). Financial statements as monitoring mechanisms: Evidence from small commercial loans. Journal of Accounting Research, 55(1), 197-233. Omar, N., Koya, R. K., Sanusi, Z. M., Shafie, N. A. (2014). Financial statement fraud: A case examination using Beneish Model and ratio analysis. International Journal of Trade, Economics and Finance, 5(2), 184. Renneboog, L., Szilagyi, P. G. (2015). How relevant is dividend policy under low shareholder protection?. Journal of International Financial Markets, Institutions and Money. Robb, A. M., Robinson, D. T. (2014). The capital structure decisions of new firms. The Review of Financial Studies, 27(1), 153-179. Rossi, M. (2015). The use of capital budgeting techniques: an outlook from Italy. International Journal of Management Practice, 8(1), 43-56. Sari, I.U. and Kahraman, C., 2015. Interval type-2 fuzzy capital budgeting. International Journal of Fuzzy Systems, 17(4), pp.635-646. Schmidlin, N. (2014). The Art of Company Valuation and Financial Statement Analysis: A value investor's guide with real-life case studies. John Wiley Sons Travlos, N. G., Trigeorgis, L., Vafeas, N. (2015). Shareholder wealth effects of dividend policy changes in an emerging stock market: The case of Cyprus. Wahlen, J., Baginski, S., Bradshaw, M. (2014). Financial reporting, financial statement analysis and valuation. Nelson Education. Widyastuti, P. (2016). THE INFLUENCE OF FINANCIAL PERFORMANCE AND DIVIDEND POLICY ON FIRM VALUE. JOURNAL OF BUSINESS STUDIES, 2(1), 16-25.