Analysis of Financial Statements

Question: Discuss about the Analysis of Financial Statements. Answer: Introduction Organizations around the world need to abide by the financial reporting standards for ensuring their long-term growth by maximizing their financial performance. Business firm should develop and implement external reporting financial framework for achieving transparency in their operational activities. In this context, the present report aims to analyze and examine he capital structure of two public listed companies in Australia, AGL and Genesis Energy Limited, by calculating and assessing their financial ratios. In addition to this, it also relates the financing structure and financial reporting framework with the nature of the business and with nature of the overall financial market condition (Rigby, 2011). The report also compares the financing sources of two companies in order to identify and evaluate the reasons responsible for the similarity and differences between them. At last, the report provides recommendations for the overall financial reporting framework adopted and follow ed by both the companies. Brief Description to Company AGL Energy Limited AGL Energy is an Australian company being established in the year 1837 and is mainly involved in providing energy products and services to the economy of the country. It is a public company that is involved in production as well as retailing of electricity (Annual Report 2015: AGL Energy Limited). The company provides energy products and services for residential and commercial use to the Australian economy. The company is recently involved in protecting the quality of environment through reducing the emission of greenhouse gases. The company has achieved a good brand image across the world and provides good profitability to all its shareholders. It provides good dividend to shareholders and that is responsible for its continuous growth. AGL Energy develops energy from power stations that incorporates the use of thermal power, natural gas, wind power, hydroelectricity and coal gas sources. The company serves approximately about 3.8 million customers across the country and is known to be the largest private owner, operator and developer of renewable energy assets (Annual Report 2015: AGL Energy Limited). The company organizational structure consists of executive team, management team and operational employees. The well-organized organizational structure of the company is responsible for its huge growth and success. Genesis Energy Limited On the other hand, Genesis Energy Limited is a major competitor of AGL Energy Limited carrying out its operational activities in New Zealand. The company is traded at the ASX (Australian Stock Exchange) and provides electricity and gas retailing services to about 640,700 customers in New Zealand (Annual Report 2015: Genesis Energy Limited). It is recognized as largest retailing company in the field of electricity and gas. The company also maintains good networks in Brazil, Europe, China and Australia and has achieved distribution rights from recognized international suppliers that provide them leading technology products. The main objective of the company is to provide sustainable energy products to the customers that are produced without degrading the environment quality. The company has achieved sustainability through ensuring environment protection form the any type of negative impact in the processes involved in production of energy and gas products. The sustainable production of energy products and services is driving its success and growth in the recent years. The organizational structure of the company consists of the executive team, middle management and employees at operational level. The executive team provides strategic direction to the company and is supported in its activities by the string wealth of general management team such as finance, strategy, marketing and procurement experience (Annual Report 2015: Genesis Energy Limited). Analysis of Financial Sources used by both the companies There are different sources of finance that company can choose to finance the different activities depending upon the requirement. Such sources of finance depend upon the amount of capital required and for how much time it is required. Mainly companies require financing sources to generate funds for the expansion plans, to buy the new plant and machinery and to enter in the new market (Bull, 2007). In this segment, financing sources used by the AGL Energy Limited and Genesis Energy Limited will be evaluated in detail. Mainly there are two types of external sources of finance: Issue of share capital and Leverage Capital. They can be further divided into long term, medium, and short term depending upon the time such capital has been raised (Read, 2002). AGL Energy Limited AGL Energy Limited is the energy producing company and it requires heavy investment in machinery, therefore it requires both leverage as well as equity capital to finance the activities. AGL Energy Limited mainly dependent upon the equity financing as compared debt capital as it is easy to finance through equity capital. Share Capital: This source of capital is commonly used by all the publically listed companies and this source of capital is generated through issue of common shares in the open market. As per the opinion by the experts shareholders capital is one of the best way to generate long term source of capital. The main advantage of this source of capital is that companies dont have to pay the interest on the amount generated through share capital as in case of debt source of financing (Dlabay and Burrow, 2007). AGL Energy Limited is highly dependent on the equity share capital to finance the assets and working capital. Company has about 5,437 million dollars as equity share in year 2014 and has issued new share capital in year 2015 to raise total amount up to 6,696 million dollars. This amount was raised to finance the acquisitions done in year 2015. Company has issued 1,275 share capital in year 2015 with cost to raise capital was 22 million dollars. This source of capital is the permanent source of capital and shareholders are the ultimate owners of the company. AGL Energy Limited has issued only ordinary share capital to raise the funds. There are no preference shares, management shares and other stock options used by the company to generate financing sources Annual Report 2015: AGL Energy Limited). Debt Financing: AGL Energy Limited is heavily involved in generating funds through loans from financial institutions and other federal banks (Moynihan and Titley, 2001). Almost 30 % capital required was financed through generating funds from either issuing debentures or taking loans from financial institutions. In year 2014, 3669 million dollars was recorded as long term debt and 522 million dollars as short term debt. Whereas, in year 2015, long term debt reduced to 3,439 million dollars and short term debt raised to 712 million dollars. Both short and long term debt was financed from the financial institution as term loans bearing fixed rate of interest Annual Report 2015: AGL Energy Limited). Genesis Energy Limited This Company operates in New Zealand and has issued the equity shares that are traded on Australian Stock Exchange. Share Capital: Genesis Energy Limited is public limited company and generates major capital through issue of common equity shares in the open market. Company is well known in the market and has goodwill due to good financial performance. Genesis Energy Limited has paid its highest dividend in year 2015 because of rapid increase in net earnings and value of share in the market. Company has generated 539.7 million dollars through use of ordinary equity shares and has 1000 million shares issued in the market. In year 2014 and 2015, company has neither issue nor buys any equity share from the public (Annual Report 2015: Genesis Energy Limited). Debt Capital: Apart from equity share capital, Company also finance capital through bank loans and issuing capital bonds to the source creditors (Albrecht, Stice and Stice, 2010). Genesis Energy Limited has used debt capital as major source of finance as compare to equity share capital (Fridson and Alvarez, 2011). In year 2014, Company has debt of about 989.4 million dollars that represents 65 % of the total capital part. Among this debt, 12.3 million dollars represents as short term debt capital and 977.1 million dollars represents as long term debt capital. In year 2015, the short debt financing was raised to 117.8 million dollars and long term debt financing was reduced to 977.1 million dollars (Annual Report 2015: Genesis Energy Limited). Capital Structure and important ratios Capital structure tells type and level of different financing sources used by the company to finance the activities. It is important to know the capital structure ratios before commenting on the capital structure of both the companies (Megginson and Smart, 2008). Two main ratio used to evaluate the capital structure are debt to equity ratio and equity ratio. Debt equity ratio shows the amount of debt over the equity. In year 2014, debt equity ratio of AGL Energy Limited was 0.86 times that indicates that company has 1 million dollars for every 0.86 million of debt. On the other hand, Genesis Energy Limited has debt equity ratio of 0.93 in year 2014 that indicates Genesis uses debt capital as major finance source as compare to AGL Energy Limited. In year 2015, debt equity of AGL Energy Limited was further reduced to 0.80 that indicates more stable capital structure. There was no change in debt equity ratio of Genesis Energy in year 2015. Equity ratio is also used to measure the capital structure of the organization as it tells amount of shareholders equity to total assets. In simple terms it means, how much part of assets is financed through using as equity as capital (Nevitt and Fabozzi, 2000). AGL Energy Limited has equity ratio of 0.54 in year 2014 that was raised to 0.56 in year 2015. In short it can be said that more than 50% assets was financed through equity shares whereas other assets was financed through debt capital or current assets Annual Report 2015: AGL Energy Limited). On the other hand, Genesis also has 0.52 as equity ratio in both 2014 and 2015. It reflects almost same strategy as AGL Energy has implied while maintain the capital structure. Financing Structure and financial reporting framework Financing structure refers to the balances of liability side of balance sheet and it concerns with how company finances the capital to carry out day to day activities as well as to invest in plant and equipments (Drake and Fabozzi, 2012). On analyzing the capital structure of both AGL Energy Limited and Genesis Energy Limited it can be said that AGL Energy Limited was more dependent on equity shares as main source of capital whereas Genesis believe to finance the capital through debt sources to avoid the time taken to issue the shares. AGL Limited is well reputed company as compare to Genesis Limited that gives an edge in the market to finance through issue of equity shares. Financial reporting is most important part in the corporate governance process and it includes producing the financial statements that reflects company financial position of the definite time period. Both companies are public listed companies and they follow the Australian GAAP in the financial reporting process (Coyle, 2000). Both companies have market in Australia and New Zealand therefore they are bound to follow the Australian GAAP to fulfill the financial reporting requirements. Similarities and Difference between company financing sources and financial reporting On having looked at financial sources used and financial reporting regularity requirement by the both the companies it can be said that there no differences in the financial sources used by such companies and but there was some differences between financial reporting process. Both the company uses debt and equity shares as major source of capital. The only difference was that AGL Energy Limited uses more equity capital as compare debt capital and on the other hand Genesis pays more emphasis on debt source of capital to finance the assets. Financial reporting processes of both the companies are almost same with some differences in preparation of financial statements and presentations of notes to accounts. AGL Energy Limited does not report all the accounting standards that required presenting in notes to accounts whereas Genesis Limited shows all the accounting standard compliance required to be reported in the notes to accounts. Conclusion and Recommendation On conclusion following finding and reasonable recommendation are given: Both the companies use debt and common equity shares as the major source of capital. It is recommended that companies can take active interest in other source of external financing such as preference capital, venture capital and lease financing. It was noted that both companies has taken heavy loans from the financial institutions to finance the activities. It is highly advised to reduce the debt capital through pay off from the reserve capital and finance more capital through issue of equity shares. Financial structure of both companies sound but it could be even better if debt equity ratio is further reduced to 0.50 or less. Both companies meet the financial reporting requirements but it is highly advisable to AGL Energy Limited to provide detail notes to accounts that explains clearly all the accounting standards in detail and provides a clear picture of financial statements. References Albrecht , W. S., Stice, E. K. and Stice, J. D. 2010. Financial Accounting. Mason: Cengage Learning. Annual Report 2015. Genesis Energy Limited. [Online]. Available at: https://www.genesisenergy.co.nz/en_GB/reports-and-presentations [Accessed on: 5 September, 2016]. Annual Report. 2015. AGL Energy Limited. [Online]. Available at: https://www.agl.com.au/about-agl/media-centre/article-list/2015/august/agl-annual-report-2015 [Accessed on: 5 September, 2016]. Bull, R. 2007. Financial Ratios: How to use financial ratios to maximize value and success for your businesses. Elsevier. Coyle, B. 2000. Venture Capital and Buyouts. USA: Global Professional Publishing. Dlabay, L. R. and Burrow, J. L. 2007. Business Finance. Mason: Cengage Learning. Drake, P. P. and Fabozzi, F. J. 2012. Analysis of Financial Statements. John Wiley Sons. Fridson, M. S. and Alvarez, F. 2011. Financial Statement Analysis: A Practitioner's Guide. John Wiley Sons. Graham, J. R., Smart, S. B. and Megginson, W. L. 2009. Corporate Finance: Linking Theory to What Companies Do + Thomson One - Business School Edition 6-month and Smart Finance Printed Access Card. Mason: Cengage Learning. Mayo, H. B. 2011. Basic Finance: An Introduction to Financial Institutions, Investments, and Management. Mason: Cengage Learning. Megginson, W. L. and Smart, S. B. 2008. Introduction to Corporate Finance. Mason: Cengage Learning. Moynihan, D. and Titley, B. 2001. Advanced Business. New York: Oxford University Press. Nevitt, P. K. and Fabozzi, F. J. 2000. Project Financing. London: Euromoney Books. Read, L.H. 2002. The Financing of Small Business: A Comparative Study of Male and Female Small Business Owners. New York: Routledge. Rigby, G. 2011. Types and Sources of Finance for Start-up and Growing Businesses. Britain: Harriman House. Werner and Stoner (2010). Modern Financial Managing; Continuity and Change. Freeload Press, Inc.

What Simple Controversial Topics for Pursuasive Essay Is - and What it Is Not

What Simple Controversial Topics for Pursuasive Essay Is - and What it Is Not Fake news writers ought to be punished. On the opposite side, acquiring a list of good persuasive essay topics is insufficient. Evidently, you shouldn't purposely select a topic that will bore your audience. It's important to understand that essay topics are just basic ideas that leave you pondering a notion that might be a huge deal to somebody else. To assist you do that, here are some tips. You're an actual topic enthusiast! Quite frequently, the ideal topic is one which you truly care about, but you also will need to get well prepared to research it. If you can't locate a controversial topic on the list that suits your passion, there are lots of different resources out there. The History of Simple Controversial Topics for Pursuasive Essay Refuted The second thing that you should take care of once you choose the title is to maintain in mind five forms of argument claims. You could be given the topic straight away by your professor, or maybe you be free to decide on the topic yourself. Fill in the principal points you wish to make, and the way they will fit together. There's no point if one selects a topic that isn't even understandable. Regardless of what topic you select, always be credible and purpose-driven. If you can select the matter all on your own, it's possible to develop the issue of interest! On the flip side, if you choose a controversial topic you have very little interest in, you'll find it quite hard to finish the assignment. If a subject isn't complex, it makes for a simple subject. The Good, the Bad and Simple Controversial Topics for Pursuasive Essay You may find there's a compelling argument for learning another language after all! Well, first, you are going to want to find good persuasive speech topics. You may trust us to present expert assistance for many of your academic writing needs. Is it true that the paparazzi help or hinder the objective of totally free press. The Advantages of Simple Controversial Topics for Pursuasive Essay As tempting as it might appear to skip past the extra info and go right to the list of persuasive essay topics, don't do it. Controversial topics work nicel y for speeches and essays, since they typically evoke strong opinions on either side. At times you might require some expert help with argumentative essay topics. You should utilize APA reference tools to aid in writing your essay the right way or employ an expert essay writer that could write the essay employing the APA reference tools. When prior brainstorming is finished, you can begin drafting your essay. Just comply with the guidelines stated above, and you're going to be well on your way to writing a fantastic persuasive essay. It is extremely easy to come across such a topic and also write this kind of essay as long as you observe a few standard rules. Qualities of a great persuasive essay topic The topic ought to be specific. Possessing no notion of the persuasive essay topics, you just do not understand what to write about. Selecting a great topic for your essay is among the most crucial and frequently tricky parts for many students. The Truth About Simple Controversial Topics for Pursuasive Essay A persuasive speech resembles a difficult challenge for many students. Students need to be careful about posting on social networking. They should be allowed to pray in school. They are used to the fact that their professors give them the assignment's topic. Educated people ought to be asked to volunteer as literacy tutors. Everyone need to know how to swim. Deciding on your topic isn't that easy. If you have a specific interest or passion for a subject then ensure that you write about that. There are instances when you're requested to deliver a persuasive speech in a short time period. It is preferable to search online since it will conserve a plenty of time. Still, in regards to practice, not every student can develop an ideal speech in only a day or two. Definitions of Simple Controversial Topics for Pursuasive Essay If you wish to deal with some more complicated issues which don't discuss advantages of sports but instead concentrate on debated topics instead, think about using one of the subsequent sports topics to write about modern-day problems. Therefore, it's essential to learn how to approach any issue with a strong focus on solving it. There are many approaches that could help you to pick a topic. In such cases, you don't need to choose topics that require a great deal of research and preparation. Modern-day life is full of unique issues related to different events. At precisely the same time, the deficiency of ideas discourages to write. Bear in mind tha t you're attempting to make your audience except a brand-new vision of the issue. Ultimately, try to remember that a huge portion of being effective in persuasion is the capability to attract your audience's emotions.

Ancient Greek Term Paper Topics - Are They Worth the Investment?

Ancient Greek Term Paper Topics - Are They Worth the Investment?Do you enjoy taking Ancient Greek term papers? Well, there is a way to earn money writing about Greek history. There are quite a few companies that offer these types of assignments. And they allow students to get paid for their work.You can use the exact same terms and phrases to describe how you would present the topic to your readers. In fact, most of the companies accept assignments that are at least six months old. And if you do a great job with your Ancient Greek term paper topics, you can get paid for more than one assignment. So if you are looking for a way to make money on the Internet, you should look into this option.However, before you get started, you will want to check out what kinds of themes the company provides. Many of them allow the students to choose a theme from a menu of topics. Some may even allow you to submit a topic that you have created yourself. So if you have an interest in history or other ar eas, you will be able to find one that fits your interests.Another reason why you may want to consider Ancient Greek term paper topics is that you can earn money and use the same skills that you use in your other projects. Of course, this does not mean that you should sell your skills. The fact is that if you have experience with this kind of project, you will know exactly what skills you need to succeed.If you are interested in Ancient Greek term paper topics, it is wise to decide what topics you are interested in and then read the course material to help you decide which project to take on. Then you can use your skill set to make sure that you have created an assignment that is a great fit for you.As you research the companies that offer Ancient Greek term paper topics, you will find that there are a number of different types of assignments that you can choose from. For example, you may choose to write a summary of the area of study that you enjoy, write a short history essay, or anything else that you can think of.Once you decide which Ancient Greek term paper topics you want to take on, it is best to go to the company's website and check out the assignments. Once you are sure that you are ready to go, you will want to find a company that you feel comfortable with.

Top 10 Best Persuasive Essay Topics

Top 10 Best Persuasive Essay TopicsWhen creating persuasive essays, you need to give your reader something more than just your opinion. You need to create content that will have them want to take action. In this article, you will learn some top 10 best persuasive essay topics. You will also find out what tools and techniques you can use to turn what you are writing into the actual content.Many people spend time on writing persuasive essays. As a result, they have a book full of topics that they would like to use to help you, their potential employer, reach the top of the pile. However, unless you are extremely good at writing, most of these subjects will not be very effective. Even if you are the best writer in the world, you still need to know the tricks of the trade. To help you get started, here are some top 10 best persuasive essay topics.First on the list is the 'so what?' The so what? is one of the easiest and most powerful topics you can use to help people read your resume. Wh en used correctly, the so what? will establish you as someone who is really open to working with others and helping other people succeed.Another one of the top ten persuasive essay topics is the 'can you do it?' The can you do it? will take many people back to the days when they were willing to put themselves out there and say they were capable of doing it, but now they are even more afraid to take the leap of faith and actually try.When you are done talking about what you are going to do, let's move on to the more persuasive essay topics you can use. The 'you can do it' approach is a great way to get people to show you that they are willing to do what you ask. It's like the old adage that has been in print for years, 'Show me the money'.Another key topic you can use to help you get your words read is the 'give me one reason' The give me one reason will really get people to read your resume and decide if they want to work with you. As you are reading the resumes, you will be able to follow along and give them a chance to take a look at your background and see if you can help them with a particular skill.The rest of the persuasive essay topics on the list are easy to implement but hard to get people to remember. The so what? is the easiest, but the 'why me?' is probably the hardest.

What Is A Procurement Assistance Award?

What Is A Procurement Assistance Award?A Procurement Assistance Award or PAA is a Performance Based Appraisal that companies can use for analyzing their employees to determine whether or not they are doing a good job. If you look at the full citation on the website, you will see that this is essentially a PAA style exam. The key difference between the two is that, the PAA will only evaluate your own performance and not the performance of your employees.The PAA is a simple Exam that the employee will be given to take at the beginning of the month to review their performance. If they do not pass it, then they will have to wait until the next month to go back and retake it. During the exam the employee will have to answer many questions that are based on his or her performance. The questions will not be asked specifically, but rather on a specific area of work.There are three areas that the PAA will analyze. First is how well the employee performs in the current job, next is their perfo rmance in the job they currently have and lastly is how well they perform in the job they have applied for in the past. These three questions will be used to determine if the employee is performing up to par or if they are deserving of a raise or a promotion.This exam is divided into three sections, each one is similar to a typical writing assignment. The first section of the test will require the employee to write a brief paragraph describing their work. The questions in this section will be based on the information provided by the applicant.The second section of the essay will have to do with the current job the employee is currently working at. The first question in this section will be one that has a direct correlation to the job they are applying for.The third section of the essay will involve how the employee compares to other employees of the company, as well as how well they can perform under pressure. If the answers to any of these questions are not satisfactory then the em ployee will have to answer the questions again. They must be able to answer the questions in a way that will give the human resources department an indication of whether or not the employee is performing at a satisfactory level.Since the testing of the employee's uses are completed by the PAA, the PAA is basically a free-form, though it is called a test, it is more like a psychological evaluation. In my opinion, though it is a formal exam, it is important that a person take a moment to think about what they would like to say during it. This is usually done during the discussion portion of the exam.

The 60s Essay Example For Students

The 60s Essay Many social changes that were addressed in the 1960s are still the issues being confronted today. The 60s was a decade of social and political upheaval. In spite of all the turmoil, there were some positive results: the Civil Rights revolution, John F. Kennedys bold vision of a new frontier, and the breathtaking advances in space, helped bring about progress and prosperity. However, much was negative: student and anti-war protest movements, political assassinations, and ghetto riots excited American people and resulted in lack of respect for authority and the law. The decade began under the shadow of the cold war with the Soviet Union, which was aggravated by the U-2 incident, the Berlin wall, and the Cuban Missile Crisis, along with the space race with the USSR. The decade ended under the shadow of the Vietnam War, which deeply divided Americans and their allies and damaged the countrys self-confidence and sense of purpose. Even if you werent alive during the 60s, you know what they meant when they said, tune in, turn on, drop out. You know why the nation celebrates Martin Luther king, Jr.s birthday. All of the social issues are reflected in todays society: the Civil Rights movement, the Student Movement, Space Exploration, the Sexual Revolution, the environment, medicine and health, and fun and fashion. The momentum of the previous decades Civil Rights gains led by Rev. Martin Luther King, Jr. carried over into the 1960s. But for most blacks, the tangible results were minimal. Only a minuscule percentage of black children actually attended i ntegrated schools, and in the south, Jim crow practices barred blacks from jobs and public places. New groups and goals were formed, new tactics devised, to push forward for full equality. As often as not, white resistance resulted in violence. This violence spilled across TV screens nationwide. The average, neutral American, after seeing his/her TV screen, turned into a Civil Rights supporter. Black unity and white support continued to grow. In 1962, with the first large-scale public protest against racial discrimination, Rev. Martin Luther King, Jr. Gave a dramatic and inspirational speech in Washington, D.C. after a long march of thousands to the capital. The possibility of riot and bloodshed was always there, but the marchers took that chance so that they could accept the responsibilities of first class citizens. The Negro, King said in this speech, lives on a lonely island of poverty in the midst of a vast ocean of material prosperity and finds himself an exile in his own land. King continued stolidly: It would be fatal for the nation to overlook the urgency of the moment and to underestimate the determination of the Negro. This sweltering summer of the Negros legitimate discontent will not pass until there is an invigorating autumn of freedom and equality. When King came to the end of his prepared text, he swept right on into an exhibition of impromptu oratory that was catching, dramatic, and inspirational. We will write a custom essay on The 60s specifically for you for only $16.38 $13.9/page Order now I have a dream, King cried out. The crowd began cheering, but King, never pausing, brought silence as he continued, I have a dream that one day on the red hills of Georgia the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood. I have a dream, he went on, relentlessly shouting down the thunderous swell of applause, that even the state of Mississippi, a state sweltering with peoples injustices, sweltering with the heat of oppression, will be transformed into an oasis of freedom and justice. I have dream, cried King for the last time, that my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character. Everyone agreed the march was a success and they wanted action but, that remained a long way off. President Kennedy was never able to mobilize sufficient support to pass a Civil Rights bill with teeth over the opposition of segregation ist southern members of congress. But after his assassination, President Johnson, drawing on the Kennedy legacy and on the press coverage of Civil Rights marches and protests, succeeded where Kennedy had failed. However, by the summer of 1964, the black revolution had created its own crisis of disappointed expectations. Rioting by urban blacks was to be a feature of every long, hot, summer of the mid-1960s. .u273c69915a1b4d9e1c8cdd87e24c2f7b , .u273c69915a1b4d9e1c8cdd87e24c2f7b .postImageUrl , .u273c69915a1b4d9e1c8cdd87e24c2f7b .centered-text-area { min-height: 80px; position: relative; } .u273c69915a1b4d9e1c8cdd87e24c2f7b , .u273c69915a1b4d9e1c8cdd87e24c2f7b:hover , .u273c69915a1b4d9e1c8cdd87e24c2f7b:visited , .u273c69915a1b4d9e1c8cdd87e24c2f7b:active { border:0!important; } .u273c69915a1b4d9e1c8cdd87e24c2f7b .clearfix:after { content: ""; display: table; clear: both; } .u273c69915a1b4d9e1c8cdd87e24c2f7b { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u273c69915a1b4d9e1c8cdd87e24c2f7b:active , .u273c69915a1b4d9e1c8cdd87e24c2f7b:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u273c69915a1b4d9e1c8cdd87e24c2f7b .centered-text-area { width: 100%; position: relative ; } .u273c69915a1b4d9e1c8cdd87e24c2f7b .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u273c69915a1b4d9e1c8cdd87e24c2f7b .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u273c69915a1b4d9e1c8cdd87e24c2f7b .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u273c69915a1b4d9e1c8cdd87e24c2f7b:hover .ctaButton { background-color: #34495E!important; } .u273c69915a1b4d9e1c8cdd87e24c2f7b .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u273c69915a1b4d9e1c8cdd87e24c2f7b .u273c69915a1b4d9e1c8cdd87e24c2f7b-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u273c69915a1b4d9e1c8cdd87e24c2f7b:after { content: ""; display: block; clear: both; } READ: I Am Deciding Whether To Get A 3rd Generation Or 2nd Generation Mazda EssayIn 1965, King and other black leaders wanted to push beyond social integration, now guaranteed under the previous years Civil Rights law, to political rights, mainly southern blacks rights to register and vote. King picked a tough Alabama town to tackle: Selma, where only 1% of eligible black voters were registered to vote. The violence, the march, the excitement all contributed to the passage of the second landmark civil rights act of the decade. Even though there was horrendous violence, Rev. King announced that as a matter of conscience and in an attempt to arouse the deepest concern of the natio n, he was compelled to lead another march from Selma to Montgomery, Alabama. The four-day, 54-mile march started on the afternoon of Sunday, March 21, 1965, with some 3500 marchers led by two Nobel Prize winners, the Rev. Martin Luther King, Jr. And Ralph Bunche, then U.N, under secretary for special political affairs. In the march, whites, Negroes, clergymen and beatniks, old and young, walked side by side. President Johnson made sure they had plenty of protection this time with 1000 military police, 1900 federalized Alabama national guardsmen, and platoons of U.S. Marshals and FBI men. When the marchers reached the capital of Alabama, they were to have presented a petition to then governor George Wallace protesting voting discrimination. However, when they arrived, the governors aides came out and said, the capital is closed today.About this same time, the term, black power was coming into use. It was meant to infer long-submerged racial pride in Negroes. Martin Luther King, jr. Specifically sought to rebut the evangelists of black power. It is absolutely n ecessary for the Negro to gain power, but the term black power is unfortunate, because it tends to give the impression of black nationalism. We must never seek power exclusively for the Negro, but the sharing of power with white people, he said. Unfortunately, the thing that really moved the civil rights movement along significantly was the murder of Rev. Martin Luther King, jr. In late 1965, cruelty replaced harmony with nightmarish suddenness. Rioting mobs in the Negro suburb of Watts, California, pillaged, burned and killed, while 500 policemen and 5000 national guardsmen struggled in vain to contain their fury. Hour after hour, the toll mounted: 27 dead at the weeks end, nearly 600 injured, 1700 arrested, and property damage well over $100 million. The good that came out of all of this, is that thousands of Negroes were flocking to register in the nine counties in Alabama, Louisiana, and Mississippi where the government posted federal examiners to uphold the voting law. In four days, 6,998 Negro voters were added to the rolls in counties where there had previously been only 3,857. In that time of sorrow and guilt when King was murdered, there was an opening for peace between the races that might otherwise never have presented itself. President Johnson pleaded, I ask every citizen to reject the blind violence that has struck Dr. King. He went on to say that, To bring meaning to his death, we must be determined to strike forcefully at the consciences of all Americans in order to wrest from tragedy and trauma, the will to make a better society.Americans who were young in the 1960s influenced the course of the decade as no group had before. The motto of the time was Dont trust anyone over 30. Another, Tell it like it is, conveyed a real mistrust of what they considered adult deviousness. Youthful Americans were outraged by the intolerance of their universities, racial inequality, social injustice, the Vietnam War, and the economic and political constraints of everyday life and work. One group that formed during this time was S.D.S. (students for a democratic socie ty). Opposed to imperialism, racism, and oppression, the S.D.S. found the American university guilty of all three. They did do some good at the beginning like organizing northern ghetto dwellers in projects such as Chicagos Jobs or Income, Now (JOIN). But the Vietnam War led to a change in their tactics. They became an independent radical force against society. The deluge of disorders made it harder and harder for most Americans to keep events in perspective. They tended to forget that most of the nations 6,700,000 collegians were studying hard at school and not causing trouble. An underlying pattern emerged in the American university. The university suddenly became a political arena. The students wanted to address the national problems of war, race, and poverty. As a result, the university lost some of its neutrality. Students created a new U.S. institution: the Political University. However, another element among youths was also emerging. They were called hippies. This movement ma rked another response to the decade as the young experimented with music, clothes, drugs, and a counter-culture lifestyle. In 1967, hippies preached altruism and mysticism, honesty, joy and nonviolence. They had a child-like fascination for beads, blossoms, and bells, strobe lights, ear-shattering music, exotic clothing and erotic slogans. They wanted to profess flower power and love. They were predominantly white, middle-class, educated youths, ranging in age from 17 to 25. Perhaps the most striking thing about the hippie phenomenon, is the way it touched the imagination of the straight society. Hippie slang entered common usage and spiced American humor. Boutiques sprang up in urban and suburban areas to sell the psychedelic color clothes and designs that resembled art nouveau. A major development in the hippie world was the rural community, where nature-loving hippie tribesmen escaped the commercialism of the cities in an attempt to build a society outside of society. Another dev elopment was the illicit use of drugs, creating the slogan, tune in, turn on, drop out. Better living through chemistry was another advertising slogan that was a sly joke to the young, but a real worry. .ueb73f9be373ad9e6c73201e4be7506ec , .ueb73f9be373ad9e6c73201e4be7506ec .postImageUrl , .ueb73f9be373ad9e6c73201e4be7506ec .centered-text-area { min-height: 80px; position: relative; } .ueb73f9be373ad9e6c73201e4be7506ec , .ueb73f9be373ad9e6c73201e4be7506ec:hover , .ueb73f9be373ad9e6c73201e4be7506ec:visited , .ueb73f9be373ad9e6c73201e4be7506ec:active { border:0!important; } .ueb73f9be373ad9e6c73201e4be7506ec .clearfix:after { content: ""; display: table; clear: both; } .ueb73f9be373ad9e6c73201e4be7506ec { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ueb73f9be373ad9e6c73201e4be7506ec:active , .ueb73f9be373ad9e6c73201e4be7506ec:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ueb73f9be373ad9e6c73201e4be7506ec .centered-text-area { width: 100%; position: relative ; } .ueb73f9be373ad9e6c73201e4be7506ec .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ueb73f9be373ad9e6c73201e4be7506ec .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ueb73f9be373ad9e6c73201e4be7506ec .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ueb73f9be373ad9e6c73201e4be7506ec:hover .ctaButton { background-color: #34495E!important; } .ueb73f9be373ad9e6c73201e4be7506ec .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ueb73f9be373ad9e6c73201e4be7506ec .ueb73f9be373ad9e6c73201e4be7506ec-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ueb73f9be373ad9e6c73201e4be7506ec:after { content: ""; display: block; clear: both; } READ: Malcom X Essay ThesisThe disease HIV, also appears during the sixties. The hippie era and the new intermixing of races, caused increased sexual activity among young and old alike. Many people of the 1960s felt they were unstoppable, but really, they increased a deadly curse that is more a problem today than most other diseases. The 1960s were a huge time of change. The affects of that decade are still present in the world today. Racism is still a problem, but with the laws many civil rights movements influenced, segregation can be taken into courts instead of the streets. The hippie era caused a fashion turn that the effects can be seen everyday. I, for one, wear flared je ans, daisies, and the term Peace! is an ever-popular slogan for my generation. I feel the sixties were most significant in the creation of todays world. I just wish I could have been alive to see it all. Bibliography:

Review of lterature essays

Review of lterature essays Dostoevsky introduces Part I of Notes from Underground. He tell us that in this first portion, the protagonist will introduce himself and explain the causes that led to his appearance before us in this text. He then explains that the subseque nt extract, "Apropos of the Wet Snow," will record the protagonist's own notes. The Underground Man starts off by telling us that he has liver disease, but refuses to go to a doctor out of spite. He realizes that he hurts only himself by doing this, but even so he remains obstinately opposed to seeking proper medical attention. He tells us that he is now forty years old, a former civil servant, rude and bitter. He then immediately retracts his statement, saying he was actually not rude at all. He scoffs at "us," the readers of his Notes, insisting that he does not care what w e think of him. The Underground Man goes on to explain why he became spiteful, saying that only fools go far in this world, and intelligent men like himself face failure inevitably. After assuring us that he is not writing for our amusement, he describes his current mis erable situation. He lives in his "corner," where he has bunkered down since quitting the Civil Service upon receiving a large inheritance from a wealthy relative. He has a gruesome dim room with a maidservant he despises. The St. Petersburg weather ag gravates his health, but he does not careit makes no difference to him whether he stays or goes. Finally, he invites himself to tell us more about himself, as any decent gentlemen likes to do. The Underground Man's spiteful refusal to see a doctor resounds throughout the text. The terms nihilistic and masochistic have often been applied to the Underground Man (heretofore referred to as the "UM"). Nihilism is a repudiation of societal values, and masochism is the deliberate infliction of pain on one ...