Street Gangs Essay Example for Free

Street Gangs Essay Another risk factor involves domestic violence at home for these young people. If they aren’t getting enough attention and instead been getting enough beating from their families, these young people would rather be with guys from the gang rather than stay at home. More and more of these youths are being driven away from their families and towards the company of strangers because of the violence that they experience from their own families (Parco, 2008). If they are unable to feel safe at home, then surely they would feel safer anywhere else. Another risk factor would be the media that glorifies violence. Everywhere you turn, you see advertisements and movies about people killing other people, or people stealing from other people and getting away with it. If these are the things that the youth are being exposed to, then there is the likelihood of them wanting to be just like these hoodlums, these crooks who earn big money from doing bad things (Killian, 2007). With the existence of these factors, concerned individuals, especially the parents should be able to see the signs of their children possibly joining these gangs. But another risk factor arises when the parents are in denial of the gang problem. If they don’t give much attention and focus to it, then their children may likely be the next gang members. If these parents neglect the signs, they would often overlook anything that may be odd or weird with their children’s actions. Its better to be mindful of these hints, or else these children may all end up in gangs and be involved in gang related troubles. Another risk factor would involve the community. This is about the lack of adequate community youth support systems, which is essential in addressing the needs of the youth so that they won’t go towards the way of the gangs. Without adequate community support, more and more young people would opt to join gangs as they have no other means of recreation in their spare time. With much unsupervised time, the more these youth would be involved in petty crimes that could be blown to unmanageable proportions. It is best that these risk factors be properly interpreted and addressed if we wouldn’t want our children to join these street gangs. This is because there is always danger associated with being a member of these gangs. No matter what benefit a member gets from joining, there is always a corresponding danger with his association to these people. Gangs often have access to firearms and illicit drugs, thus exposing the young ones to the dangers of both elements. Fights between rival gangs are not limited to fistfights, but instead they can get seriously hurt or killed because of the guns that some of them posses (ClevelandClinic. org, 2008). Gangs view schools as a negative element, so they may influence their members not to go to school, thus hampering education for them. With police records filing up for the members of the gang, the more their future become blurred. These police records limit future employment opportunities for these people, leaving them with minimum wage earning jobs that they can work into. Gang wars and fights between members of gangs also put their families and friends in danger, as they often become an easy target for their enemies. There are several signs that parents and concerned people can look into in order to know whether one is a member of a gang or not. This includes a sudden decline in the academic performance of the child, as well as an increasing disinterest in school. Another sign is the withdrawal of the person from their usual family activities. They can also be heard using unknown vocabulary and peculiar clothing style or choice. They could also have a sudden change in friends and usual company. Weird hand signs are also evident, as well as having a new nickname. These people also tend to develop bad attitude towards other people especially to the family and authorities. Aside from staying out later than usual, they also tend to require more privacy for themselves even in their homes with their families (Boone, 2007). The information regarding gangs can be put to good use by deciding what approach would be more applicable to a person who may be associated to a certain gang. This could also be used to plan an intervention measure in order to save someone from the harshness of the gang world. References: Boone, D. (2007). Why Do Kids Join Street Gangs. Retrieved September 9, 2008, from http://www. gwcinc. com/Why%20Do%20Kids%20Join%20Street%20Gangs. html ClevelandClinic. org. (2008). Gangs and Violence Retrieved September 9, 2008, from http://my. clevelandclinic.org/healthy_living/violence/hic_Gangs_and_Violence. aspx FocusAS. com. (2007). Why Do Young People Join Gangs? Retrieved September 9, 2008, from http://www. focusas. com/Gangs. html Killian, J. (2007). Why do kids join gangs? Retrieved September 9, 2008, from http://www. news-record. com/content/2007/08/26/article/why_do_kids_join_gangs Parco, B. (2008). Lack of affection, attention, fun push youth to join gangs Retrieved September 9, 2008, from http://globalnation. inquirer. net/cebudailynews/news/view/20080316-125016/Lack-of-affection-attention-fun-push-youth-to-join-gangs

William Shakespeares Othello Essay -- William Shakespeare Othello Ess

William Shakespeare's Othello A significant moment in Othello demonstrates the theme of binaries questioned in many of Shakespeare's works. Addressing the Duke and senators, Othello says: "Let her have your voice. Vouch with me heaven, I therefore beg it not To please the palate of my appetite, Nor to comply with heat--the young affects In me defunct--and proper satisfaction, But to be free and bounteous to her mind; And heaven defend your good souls that you think I will your serious and great business scant When she is with me. No, when light-winged toys Of feathered Cupid seel with wanton dullness My speculative and officed instruments That my disports corrupt and taint my business, Let housewives make a skillet of my helm, And all indign and base adversitities Make head against my estimation." This speech occurs in Othello 1.3.259-273. Desdemona has just requested to accompany her husband to Cyprus and Othello seconds her request. He swears not to be distracted from his military duties if Desdemona comes along. To convince his listeners, he claims he cannot be distracted by sex because he lacks the desire for it. As he puts it, â€Å"the young affects [are] in me defunct† (262-263). Further stressing his commitment to the military, he boldly declares that if he indeed neglects his duties for the state, â€Å"let housewives make a skillet of my helm, and all indign and base adversities make head against my estimation† (271-273). In other words, if his sexual pleasure (â€Å"disports†) gets in the way of his work (â€Å"business†), he does not deserve to be called a man and should be emasculated by allowing housewives to cook with his helmet. Furthermore, his enemies good reputation should be razed. Line 271 (â€Å"Let house... ...od a place as any to start. Works Cited â€Å"Appetite.† Oxford English Dictionary. 2nd ed. 1987. Greenblatt, Stephen. Introduction. The Norton Shakespeare. New York: W.W. Norton & Co., 1997. â€Å"Helm.† Oxford English Dictionary. 2nd ed. 1987. McDonald, Russ. The Bedford Companion to Shakespare. 2nd ed. New York: Bedford/St. Martin’s, 2001. â€Å"Palate.† Oxford English Dictionary. 2nd ed. 1987. Shakespeare, William. â€Å"The Tragedy of Coriolanus.† The Norton Shakespeare. Ed. Stephen Greenblatt. New York: W.W. Norton & Co., 1997. 2793-2872. ---. â€Å"The Tragedy of Othello the Moor of Venice.† The Norton Shakespeare. Ed. Stephen Greenblatt. New York: W.W. Norton & Co., 1997. 2100-2174. ---. â€Å"Troilus and Cressida. The Norton Shakespeare. Ed. Stephen Greenblatt. New York: W.W. Norton & Co., 1997. 1835-1913. â€Å"Skillet.† Oxford English Dictionary. 2nd ed. 1987.

Disney’s Hercules and the Heroic Code

Disney’s Hercules Disney’s Hercules, while not entirely true to the scripture he was first conceptualized in, is rife with the same heroic traits as his definitive counterpart. Throughout the course of the film, Hercules faces a series of challenges and events which test his strength and ability. Subsequently these events fulfill the majority of his heroic archetype. By Hercules’ masculine nature, divine parent, divine helper, trip to the underworld, and fulfillment of kleos (his immortal quest for glory), Hercules would have been considered a hero in Ancient Greek society despite the archetypical traits left unfulfilled in the film. Hercules’ masculinity becomes majorly evident as a physical aspect after undergoing training with Philoctetes (Phil). His muscular personage is representative of man in a direct way. While he does not dominate his relationship with his love interest, Megara (Meg), by physical means he overshadows her and asserts masculinity. Hercules is also masculine in his bravery by the way he confronts challenges head on. In one instance, Hercules literally bashes the centaur, Nessus, with his head. In Hercules’ muscular build and his courageous albeit headstrong tendency, he is personified as a masculine hero. Hercules actually has two divine parents, Zeus and Hera, in Disney’s rendition as opposed to only one in Greek myth. In this way the heroic notion of having a divine parent is fulfilled perhaps to a greater extent. Hercules’ father, Zeus, also plays a role as his divine helper, another trait of the hero archetype. Zeus fulfills this by revealing Hercules’ past to him and his relation to the gods, setting him off on his journey to heroism. In addition to Zeus, Hercules’ winged horse, also serves as a divine helper throughout the film. Pegasus assists Hercules in nearly all of his battles and takes his abilities to new heights. Hercules makes his trip to the underworld in an attempt to rescue Megara from death itself. Hercules’ immortal quest for glory or kleos is fulfilled in many instances of the film. On multiple occasions Hercules slays fantastic creatures such as the Hydra and achieves his glory through the admiration of others. While enchanting the people of Thebes and creating some lasting effect in their continual praise, Hercules’ immortal quest for glory is cemented at the conclusion of the film when Zeus creates a constellation of him in the night sky.

The Introduction To Sources Of Finance Finance Essay - Free Essay Example

Sample details Pages: 10 Words: 3113 Downloads: 8 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? Often the hardest part of starting a business is raising the money to get going. As a newly appointed Finance Manager of Melaleuca Refugee Company distributor in Malaysia with the Head office at Bangsar, Kuala Lumpur, present an idea of how to turn it into a successful business by having other outlets. You need to decide: How much finance is required? When and how long the finance is needed for? What security (if any) can be provided? Don’t waste time! Our writers will create an original "The Introduction To Sources Of Finance Finance Essay" essay for you Create order The finance needs of a start-up should take account of these key areas: Set-up costs (the costs that are incurred before the business starts to trade) Starting investment in capacity (the fixed assets that the business needs before it can begin to trade) Working capital (the stocks needed by the business- e.g. raw materials + allowance for amounts that will be owed by customers once sales begin) Growth and development (e.g. extra investment in capacity) Task 1 Make a thorough research on the above company. Identify and briefly explain the sources of finance available for the expansion in the distribution of its line of products and highlight the implications of such sources of finance. Task 2 From the above, explain the importance of financial planning for Melaleuca Products and describe the impact of finance on the financial statements. Task 3 Obtain a Financial Statements of the company showing its two (2) consecutive latest annual statements. Compute for its profitability and liquidity ratio. Compare and comment on the result of your two (2) years calculations. Task 4 Analyze Melaleucas business environment through its consolidated results as shown in the Financial Statements. Table of Content TITLE PAGE Introduction 3 Task 1 4 6 Task 2 7 Task 3 8 10 Task 4 11 17 Conclusion 18 Bibliography 19 20 Appendix 21 22 Introduction Finance is the study of how and under what terms savings (money) are allocated between lenders and borrowers. Finance is distinct from economics in that it addresses not only how resources are allocated but also under what terms and through what channels. Financial contracts or securities occur whenever funds are transferred from issuer to buyer. Real assets are tangible things owned by persons and businesses such as residential structures and property, major appliances and automobiles, office towers, factories, mines, machinery and equipment. On the other hand, financial assets are what one individual has lent to another such as consumer credit loans and mortgages. The household is the primary provider of funds to businesses and government. Households must accumulate financial resources throughout their working life times to have enough savings (pension) to live on in their retirement years. Besides that, financial intermediaries transform the nature of the securities they i ssue and invest in. These include banks, trust companies, credit unions, insurance firms and mutual funds. On the other hand, market intermediaries simply help make markets work which include investment dealers and brokers. Funds can be channeled from saver to borrower in three ways which are direct intermediation, direct transfer from saver to borrower or a non-market transaction; direct intermediation, a market-based transaction usually through a market intermediary such as a broker; indirect claims through a financial intermediary, where the financial intermediary such as a bank offers deposit-taking services and ultimately lends those deposits out as mortgages or loans. (247 words) Task 1: Make a thorough research on the above company. Identify and briefly explain the sources of finance available for the expansion in the distribution of its line of products and highlight the implications of such sources of finance. 1.0 Introduction to Sources of Finance Sources of finance are ways in which a business can get additional funds in order to finance various things. These include start-up, for example raw materials, machinery and buildings; expansion, for example buying more equipment and larger buildings; and to help with cash flow problems, for example in periods when the business is short of cash. The business will have two main categories to choose from. These are internal sources of finance and external sources of finance. Internal Finance is the money that comes from inside the business itself whereas External Finance is the money comes from outside the business. Examples of internal finance are retained profits, sales of assets and owners savings. On the other hand, bank overdraft, a trade credit, a bank loan, leasing, hire purchase, mortgages, the issue of shares, debentures, and factoring are the examples of external finance. 2.0 Melaleuca Refugee Company Profile Melaleuca Refugee Centre Torture and Trauma Survivors Service of the NT Incorporated is a community-controlled, not-for-profit association operating out of Darwin. The association was first established in 1996 as the Torture and Trauma Survivors Service of the NT Incorporated to cater for the small number of refugees and asylum seekers wanting to settle in the Northern Territory. In 2002, it expanded and became known as the Melaleuca Refugee Centre Torture and Trauma Survivors Service of the NT Incorporated (Melaleuca Refugee Centre). 3.0 Sources of Finance of Melaleuca Refugee Company, Malaysia The company receives significant grant funds from both the Federal and Northern Territory Governments to provide various assistance and support services to refugees and the survivors of torture and trauma and their families. Government Grant is a financial award given by the federal, state or local government to an eligible grantee.ÂÂ  Government grants are not expected to be repaid by the recipient.ÂÂ  Grants do not include technical assistance or other forms of financial assistance such as a loan or loan guarantee, an interest rate subsidy, direct appropriation or revenue sharing.ÂÂ  There is typically a lengthy application process to qualify and be approved for a government grant.ÂÂ  Most recipients are required to provide periodic reports on their grant projects progress. 3.0.1 Australian government (i).Department of Immigration and Citizenship (ii).Department of Health and Ageing (iii).Department of Families, Housing, Community (iv).Services and Indigenous Affairs 3.0.2 Northern Territory Government (i).Department of Children and Families (ii).Department of the Chief Minister, Office of Multicultural Affairs 3.0.3 Foundations (i).Honda Foundation There is gratefully acknowledging the Honda Foundation that generously sponsors a vehicle for use by Melaleuca. The foundation pays for the vehicle and servicing. This support demonstrates the Honda Foundations good corporate citizenship and community support and is very much appreciated by all at Melaleuca. The Melaleuca-owned fleet comprises nine vehicles: five small four-cylinder hatches, one 10-seater bus, one utility and two larger sedans. The average age of the fleet is seven years. Average fuel efficiency per month is approximately 9.4km/ltr. Average distance travelled by a Melaleuca-owned vehicle is 1250km per month. The primary purpose of travel is to support or provide services to our clients. (ii).Deckcahir Cinema (514 words) Task 2: From the above, explain the importance of financial planning for Melaleuca Products and describe the impact of finance on the financial statements. 1.0 Impact of Finance (i). Vision Melaleuca Refugee Centre is recognized as a leader in facilitating the recovery of refugee survivors of torture and trauma. (ii). Mission Melaleuca Refugee Centre provides an environment for resettlement and healing of refugee survivors of torture and trauma, their families and community through confidential, high-quality and holistic services. (iii). Responsibility of Committee of Management for the Financial Report The Finance Manager for this company is Peter Trayte and the Assistant Finance is Emma Cameron. The members of the Committee of the Management are responsible for the preparation of the financial report and have determined that the basis of preparation to meet the requirements of the Associations Act 2003 and is appropriate to meet the needs of the members. The Committee of Managements responsibility also includes such internal control as the Committee determines is necessary to enable the preparation of financial report that is free from material misstatement, whether due to fraud or error. (159 words) Task 3: Obtain Financial Statements of the company showing its two (2) consecutive latest annual statements. Compute for its profitability and liquidity ratio. Compare and comment on the result of your two (2) years calculations. 1.0 Profitability Ratio of Melaleuca Refugee Company Profitability Ratio YEARS 2011 2012 Net Surplus Margin 755,436 $ / 4,375,160 $ = 0.17 :1 937,325 $/ 5,090,820 $ = 0.18 :1 (Net Surplus / Sales) Return on Total Assets 0 / 1,542,283 $ = 0 0 / 2,572,861 $ = 0 ( Surplus Available to Common Shareholders / Total Assets) Return on Equity 0 / 949,745 $ = 0 0 / 1,887,070 $ = 0 ( Surplus Available to Common Shareholders / Equity) Gross Surplus Margin 0 / 4.375,160 $ = 0 0 / 5,090,820 $ = 0 ( Gross Surplus / Sales) Table 1: Comparison of Profitability Ratio (Values extract from Appendix 1 2) 2.0 Liquidity Ratio of Melaleuca Refugee Company Liquidity Ratio YEARS 2011 2012 Current Ratio 1,516,902 $ / 592,638 $ = 2.56 : 1 2,568,059 $ / 685,791 $ = 3.74 : 1 (Current Assets / Current Liabilities) Quick Ratio (1,516,902 $ 0 -0) / 592,638 $ = 2.56 : 1 (2,568,059 $ 0 0) / 685, 791 $ = 3.74 : 1 ((Current Assets Inventories Prepayment) / Current Liabilities ) Table 2: Comparison of Liquidity Ratio (Values extract from Appendix 1 2) 3.0 Explanation of the Comparison of the Profitability Ratios (i). Net Surplus Margin Both the ratio for the years 2011 and 2012 also to 1, which means that if there is 1$ of sales, then there will be 0.17$ surplus and 0.18$ surplus for the two years respectively. There can be seen that the net surplus margin for year 2012 is higher than the year 2012 by 0.01 on the above Table 1. This is because of the difference between the total income for the both years 2011 and 2012. This may due to the funding and donation for the company. (ii). Return on Total Assets There is 0 for the return on total assets for both years 2011 and 2012. This is because there is no shareholder for this company. Therefore, there is no existing for surplus available to common shareholders. (iii). Return on Equity As the same with the return on total assets, there is 0 for return on equity. The reason also like the return on total assets which is there is no shareholder for this company. There will be also no existing for surplus available to common shareholders. (iv). Gross Surplus Margin There is also 0 for the gross surplus margin due to without of gross surplus for this company. This may say that the gross surplus margin is not applicable for this company. 4.0 Explanation of Comparison of the Liquidity Ratio (i). Current Ratio From Table 2 on above, can be seen that there is both the ratio for the years 2011 and 2012 also to 1, which means that if there is 1$ of current liabilities, then there will be 2.56$ and 3.74$ of current assets for two respective years. It can be show that the current ration of the year 2012 is higher than year 2011. This may caused by the current liabilities of the year 2012 is much higher than the year 2011. (ii). Quick Ratio From Table 2 as shown on above, we can be seen that there is the same quick ratio with the current ratio for the both years which are 2.56: 1 and 3.74: 1 for the years 2011 and 2012 respectively. This occurred is due to the company is no existing of inventories and prepayment. (581 words) Task 4: Analyze Melaleucas business environment through its consolidated results as shown in the Financial Statements. 1.0 Introduction of Business Environment of Melaleuca Melaleuca have successfully reached and implemented a new Enterprise Agreement with staff and their union, which the overwhelming majority of staff supported. This was approved by Fair Work Australia in February 2012.The Committee of Management (COM) also engaged an external and independent consultant to review the structure and operations of the organization. The COM approved the consultants recommendations, and a new operational structure that better suits the current needs of the organization was implemented in July 2012. As part of this restructure, they created a new position of Deputy Director to better support executive management in Melaleuca. Mary Taylor (current Deputy Director) joined Melaleuca at a challenging time during the restructure. COM members participated in a governance training workshop in February 2012 to expand our knowledge on the legal obligations of committee member and good governance practices. The COM is currently working in collaboration with key s takeholders and staff on the next strategic plan for the organization to help organization set its direction for the short to medium term. In the background to all this activity, government policies on refugees and asylum seekers continue to evolve. 2.0 Management Staff of Melaleuca The Committee of Management and staff of Melaleuca have a legal and moral responsibility to manage Melaleuca in the best interests of the community it serves. Committee of Management and staff demonstrate professional ethical behavior at all times in their responsibilities to the organization in their professional relationships with each other, and in their professional service to the community. Staff numbers at Melaleuca vary in relation to the centres program cycles. However, for the day-to-day program implementation 40 staff members are employed. Dr Ali Nur has been the Director of the Melaleuca Refugee Centre since early December 2009. He studied Medicine in Somalia and has a Masters degree in Public Health from the University of Sydney. He worked with refugees from eastern Ethiopia from 1979 to 1982 and came to Australia on a scholarship sponsored by Community Aid Abroad. In 1983 he returned to Australia on a humanitarian visa. He trained health workers in remote Aboriginal communities and worked with the NT Health Department. Melaleuca Refugee Centre has a community-based Committee of Management (COM), which appoints the Director to manage the day-to-day operations of the organization. The role of the Committee of Management is to meet regularly to monitor the performance and management of the organization. The COM is elected from and by Associate Members of the organization and is responsible for setting strategic directions. The COM meets at least 8 times a year. 3.0 Counseling Advocacy The counseling team at Melaleuca Refugee Centre provides support, counseling and advocacy services to individuals and their families from refugee background. People who have experienced torture and trauma before coming to Australia might continue to suffer from effects of the prolonged exposure to human rights abuses, violence, war and physical hardship. Settling into a foreign country can be a very traumatizing experience. Melaleuca recognizes that peoples pre-migration experiences and the process of resettlement are important to psychosocial well being. Melaleuca offers initial counseling upon arrival and long term counseling for those individuals or families in need. The Counseling Advocacy Services are Program of Assistance to Survivors of Torture and Trauma, Newly Arrived Youth Support Services and Youth Program (YOUTH), Intensive Family Support Services (IFS) and Torture and Trauma Counseling (Detention) (TT). Counselors/advocates provide a safe, confidential and non-judgmental environment where people can talk about their experiences, both pre and post migration and can explore their strong feelings, thoughts, and memories. Reactions to trauma may include disturbed sleep, nightmares, panic attacks, feeling anxious, feelings of guilt and shame, feelings of hopeless or helplessness, and too much worry. People may be suffering many physical symptoms, the pain of loss of loved ones and homeland, and feelings relating to displacement and fear of future. 4.0 Forum of Australian Services for Survivors of Torture and Trauma (FASSTT) The Forum of Australian Services for Survivors of Torture and Trauma (FASSTT) is a network of Australias eight specialist rehabilitation agencies that work with survivors of torture and trauma who have come to Australia from overseas. There is one FASSTT member agency in each state and territory of Australia. The eight agencies in the FASSTT network offer direct services to survivors of torture and trauma, their families and communities. These include psychological assessments, individual psycho-therapeutic interventions, group and family therapy, youth activities, natural therapies and community development. FASSTT members also provide innovative and effective services to ensure that the Australian community can play an important role in diminishing the impact of torture on survivors and enhancing their opportunities to rebuild productive and meaningful lives. These services include professional development and capacity building for service providers (such as workers in the hea lth, housing, education and settlement fields), networking, research, volunteer programs and case consultations. 5.0 Youth Supports Services Melaleucas youth program provides a multi-function program, offering a holistic, timely and culturally appropriate service to young people of refugee and migration background aged 12 to 21 years. The youth program under RECONNECT supports young people who are at risk of homelessness and enhances refugee youth engagement with family, education, training and community. The youth team collaborates with other agencies to facilitate new networks for young people and provide them with important social connections and extra support. Melaleucas youth team provides individual support, focused group work, school-based support, community development activities, capacity-building initiatives, and action-based research and holiday program activities. 6.0 Community Development of Melaleuca Melaleuca delivers a range of community development programs underpinned by the key principles and values of Community Development: education, participation, democracy, advocacy and strategies of community empowerment and strengthening that build social capital and community capacity. In the case of survivors of torture and trauma, community development rebuilds resilience which may have been eroded by past experiences. Community Development accepts that the impact of torture and state-sanctioned violence may result in distrust and conflict, and aims to build social cohesion and strength. It identifies and builds on individual and community assets. It links the community with others in collaborative partnerships, and empowers individuals and communities who are particularly disadvantaged within the resettlement country. Community Development Programs are Families in Cultural Transition (FICT), Alternatives to Violence (AVP), Tips Ideas on Parenting Skills (TIPS), Community L iaison, Training and Education and Refugee Support Network (RSN). Community engagement is strengthened through World Refugee Week, Annual Deckchair Fundraiser, Harmony Day, International Womens Day and Sea-Breeze Festival. 7.0 Past Events of Melaleuca In the celebration of World Refugee Week, Melaleuca Refugee Centre hosted a community festival on 16 June 2012 with the theme of Restoring Hope. The day highlighted messages that champion human rights locally and globally in a fun, sharing, relaxed atmosphere, and brought together the varied and vibrant cultures within their community. Highlights included a cultural village setting of world music and dance performances, traditional costumes, crafts, interactive stalls, food tasting from around the globe, and activities for youth and children. Vibrant with community pride and spirit sums up the atmosphere of the day. The festival truly showcased to the wider population what community and being part of community means to people from a refugee background, and what refugees have to offer their adopted home in the richness of their experience and culture. (1224 words) Conclusion As a conclusion, the objective of financial statements analysis is to show how to rearrange information from financial statements into financial ratios that provide information about five areas of financial performance which are short-term solvency, activity, financial leverage, profitability and value. Accounting statements provide important information about the value of the firm. Financial analysis learns how to rearrange financial statements to squeeze out the maximum amount of information. Business finance has three main areas of concern which are capital budgeting, capital structure and working capital management. The goal of financial management in a for-profit business is to make decisions that increase the value of the stock, or, more generally, increase the market value of the equity. The corporate form of organization is superior to other forms when it comes to raising money and transferring ownership interests, but it has the significant disadvantage of double taxati on. There is the possibility of conflicts between stockholders and management in a large corporation. (160 words)