USA and Puerto Rico Essay Example for Free

USA and Puerto Rico Essay It is a matter of fact that USA is one of the most powerful countries situated in North America, whereas Puerto Rico is only the territory of the USA, although with a status of Commonwealth. Puerto Rico is situated in the northeastern Caribbean. It is necessary to underline that the nature of political debates between USA and Puerto Rico is ongoing subject not only within two states, but also in United Nations. (Morris 1995) The USA is a constitutional republic having the oldest constitution in the world. USA government is representative democracy and operates through the congressional system specified by Constitution. The government is thus represented by three branches: legislative (Congress is made up Senate and House of Representatives), executive (the President and the Cabinet), judiciary (the Supreme Court). (Scott 1983) Puerto Rico has approximately the similar government, however, differences are evident. Puerto Rico’s government is Republican system made up of three branches as well as the USA’: legislative (Senate and House of Representatives), executive (governor), judiciary (court). The difference: executive branch in USA is president, whereas in Puerto Rico is governor. (Morris 1995) USA economic system is capitalist mixed economy presented by corporations, private firms and individuals performing macroeconomic decisions. (Scott 1983) Puerto Rico’s economy can be described as agricultural, whereas in USA the agriculture plays a minor role. USA largest economic sector is services employing three quarters of labor force. The country is rich in natural resources such as precious metals, petroleum and coal. (Scott 1983) Puerto Rico doesn’t have so strong economic potential and its main contributor is crops, especially sugar. However, the economic conditions in the country have been improved due to investments in technology, petrochemicals and pharmaceuticals. (Morris 1995) In conclusion it is necessary to say that USA compared with Puerto Rico has stronger economic and political potential and more significant influence on global scale. (Morris 1995) References Morris, Nancy. (1995). Puerto Rico: Culture, Politics, and Identity. Westport, CT: Praeger Publishers. Scott, John Anthony. (1983). The Ballad of America: The History of the United States in Song and Story. Carbondale, IL: Southern Illinois University Press.

Juxtaposing Viewpoints on Genetic Species Revival Essay -- genetic engi

Though it may seem that the issue of species revival through a means of genetic science is a modern idea, similar arguments throughout the past also hold relevance to the modern issue of genetic species revival. To better understand the issue as it becomes more prevalent, it is important to examen different perspectives that span many centuries time, generating new insight on the issue. Examining different perspectives on the perceived human influences on species extinction vs. natural law and lack of adaptability, and give a determination on the ethical implications to society and ecology from the above arguments and philosophies from each viewpoint. Through these key statements, the arguments on genetic species revival can be effectively argued. The premise of the entire argument for and against genetic species revival rests with either the belief in human influences on species, or natural law. Human influences as a cause for species extinction is a recent idea which author Carl Zimmer gives a his main reason for favoring genetic species revival. â€Å"If we’re talking about species we drove extinct, then I think we have an obligation to try to do this† (Zimmer 451). In the authors opinion, human influences trump natural law, which he would consider to be an outdated and non-effective way of looking at how species become extinct. Therefore, because natural law is only a way of looking at how species become extinct, it is not a solution to species extinction. Thus, genetic species revival is the only way which human influences can be combated and the problem of species extinction can be solved. True, human influences may be a new idea ascribed as reason to species extinction. Yet Charles Darwin, an 19th century natural b... ...ophies from each viewpoint. From these statements, the issue of genetic species revival can be argued and a real and ethical solution to the issue derived. Works Cited Darwin, Charles, and David Quammen. On the Origin of Species. New York: Sterling, ! ! 2008. Print.! Leakey, Richard E., and Roger Lewin. The Sixth Extinction: Biodiversity and Its ! ! ! Survival. London: Weidenfeld and Nicolson, 1996. Print.! "Marcus Tullius Cicero Quotes." Marcus Tullius Cicero. European Graduate School ! ! EGS, 2014. Web. 16 Mar. 2014.! Parry, Roland L. "Ancient Beasts Roam Spain's Wilderness." NewsDaily.com. Agence ! ! France Presse, 02 Mar. 2014. Web. 16 Mar. 2014. ! Zimmer, Carl. "Bringing Them Back to Life." Good Reasons With Contemporary ! ! ! Arguments. 6th ed. Ed. Lester Faigley and Jack Selzer. San Francisco: Pearson, ! ! 2014. 445-451. Pearson eText. Web. 5 Feb. 2014.!

Compare and Contrast “Romeo and Juliet” and “Gnomeo and Juliet” Essay

The book ‘Romeo and Juliet’ by William Shakespeare is about two opposing families with much hatred for each other. It shares many similarities, as well as many differences to the movie ‘Gnomeo and Juliet’ directed by Kelly Asbury. In both the film and the play, both families have extreme hatred for each other. For that reason, Romeo/Gnomeo and Juliet find a way to secretly show love for each other. Also in both the film and the play, Romeo/Gnomeo and Juliet fall in love at first sight. After just a day of knowing each other, Romeo and Juliet are surely in love and decide to secretly get married. Another similarity that they have, is Romeo/Gnomeo and Tybalt hate each other very much. In both the movie and the play, Romeo/Gnomeo and Juliet secretly sneak off to see each other. This is the only way they could be with each other without getting caught. In the end, they both have families that resolve their hatred for each other that has followed them for so long. The book and movie as well, have many differences. In ‘Romeo and Juliet’ Romeo is killed with the poison that he drank. Therefore, Juliet also kills herself because she cannot live without the love of her life, Romeo. Tybalt ends up killing Mercutio. Romeo is fierce that his friend Mercutio is dead, so Tybalt and Romeo fight and Romeo kills Tybalt. Romeo also kills Paris. At the end of the story, Lady Montague also dies because of grief over the banishment of her son. However, in the film ‘Gnomeo and Juliet’ nobody dies, which is probably one of the biggest differences in ‘Romeo and Juliet’ and ‘Gnomeo and Juliet.’ In Shakespeare’s play, Romeo and Juliet marry after just one day of knowing each other. Of course they do this secretly because they do not want the Capulets, nor the Montagues to know that Romeo and Juliet love each other. In difference, Gnomeo and Juliet wait until the family feud is resolved rather than to go behind their parent’s backs and marry secretly. In the book ‘Romeo and Juliet’ after Tybalt is killed, he remains dead. However, in the movie ‘Gnomeo and Juliet’ Tybalt is revived. The movie ‘Gnomeo and Juliet’ does not have Lady Capulet, or Sir Montague, the original ‘Romeo and Juliet’ book does. Lady Capulet dies after her son drinks the poison, because she could not bear his death. The time periods in both are very different also. ‘Romeo and Juliet’ was written long ago. ‘Gnomeo and Juliet’ is an Animate movie in which took place in different backyards that did not get along and had much hatred for each other.

Case Study Drivers of Industry Financial Structure

Case Study Drivers of Industry Financial Structure Executive Summary KR+H is a manufactory company in cabinet industry and it had devised a unique operating strategy of producing high quality custom cabinets at a low cost. Because the investments will reduce costs and increase the working efficiency in manufacturing process. And the analysis will show that adding investment is valuable and profitable. Based on KR+H’s past financial performance and the cost of investment, KR+H would need additional financing to fund the proposed capital investment.The internal financing could be very difficult for KR+H based on it had a deficit in 1992. And internal financing may also slow down the investments because KR+H has to retain its profit. Also rising the price is not a very good option in a long-term perspective. Because it could retard their growth and therefore did not represent a viable path to a long-term profitability. So we suggest that KR+H should finance the proposed capital b y relying on external financing from a bank or an outside investor. ContextKR+H is a manufactory company that designs,fabricates and installs high quality, uniquely designed cabinetry. Now it had devised a unique operating strategy of producing high quality custom cabinets at a low cost. KR+H believes that the use of computer-controlled equipment allowed the firm to significantly reduce their labor cost and other production cost while increasing the efficiency of the manufacturing process. In order to support the development if their innovative operating system, KR+H need to clearly define the scope and speed of growth for their business.However, the partners do not have internal funds to finance the investment and their access to external capital markets is limited. Therefore KR+H needs a better operating and financial strategy to managing rapidly growth and its capital. I think the article â€Å"Seize advantage in a downturn† is very helpful. Many companies fail to see the opportunities hidden in economic downturns. In order to take advantage of opportunities, KR+H first need to do a thorough but rapid assessment of its own vulnerabilities and then move decisively to minimize them. David and Daniel, 2009) KR+H could approach their problem by using some of those steps introduced in this article such as Monitor and maximize its cash position 1. Evaluating the capital position: In the cash flow statement Exhibit 6, the net decrease in cash by $15,298 in 1991 and $46,955 in 1992. In order to meet cash requirement during 1992,KR+H gets a personal loan about $35,000 and the bank overdraft to cover its deficit about $14,000,which shows us that KR+H are short of cash during the past years and it gets worse. The total enhancement of the new investment will be: Category |Cost | |Require in Capital |$300,000 | | |$100,000(developing in 2 years) | |Software | | | |$25,000 – $30,000 (maintain & update per year) | |Marketing |$40,000 |Based on KR+Hâ€⠄¢s past financial performance and the cost of investment, KR+H would need additional financing to fund the proposed capital investment for sure. 2. Adding investment is valuable and profitable: I think the proposed projects are profitable investments and it will add values. Because the investments will reduce costs and increase the working efficiency in manufacturing process: |Category |Number | |Increase production capacity |50% | |Labor cost saving per year |$170,000 |Another fact is that on a pro forma basis, KR+H’s cost of goods sold in 1990, the year before merged is approximately 60% of sales. In 1991,the percentage is increased to 67% and in 1992 the year after the merger the percentage rose to almost 75%. It shows us that some unanticipated cost increasing rapidly while the revenue is rising. If KR+H could adopting the new investment it would make its production more efficiently and the technique may also save some cost of goods. In addition, the cabinet industry exp erienced a decline in efficiency in 1992. Firm size |Sales per work |Compare to 1991 | |Large |$120,000 |gain 9% | |Medium |$84,000 |decline 11% | |Small |$80,000 |off 2% | |KR+H could gain a long-term rapid growth in sales by first adopting the new technique and the improvements in production efficiencies will give KR+H more advantages in sales. There is no doubt that the investment will increase the operating leverage and also increase risk. In Exhibit 9, with investments KR+H will yearly saving $207,900. Therefore, adding the investment is very profitable. And also rising the price is not a very good option in a long-term perspective. Because it could retard their growth and therefore did not represent a viable path to a long-term profitability. I think KR+H finance the proposed capital by relying on external financing.Because the internal financing could be very difficult for KR+H based on it had a deficit that was covered with a personal loan to company about $35,000 by a partn er and a bank overdraft $14,000 in 1992. And internal financing may also slow down the investments because KR+H has to retain its profit. The investors wouldn’t want a low return just because the firm wants to invest. Thus, external funding will be a better choice. Ratios In 1992 and 1993, exhibit 4 Year |Return on Sales |Return on Equity | |1992 |2. 1% |21% | |1993 |8. 3% |98% | | Besides this, KR+H also is profitable in 1992 and assume that it will have 10% growth rate. Meanwhile, with the investments could save KR+H about $209,900 each year.Those profitable data in its financial performance will help KR+H to get a loan from a bank or other outside investors. Conclusion: KR+H has its new investments developed and they focus on reduction by continuing to increase the level of automation in the process. And this investment is valuable and profitable. Based on KR+H had performed not very well in their cash flow in the past 3 years. The company also troubled with limited access to the capital market. Therefore, it is necessary for KR+H to get external financing in order to maintain its revenue and get a rapid growth. References: Robert C. Higgins(2012), Analysis for financial management David Rhodes and Daniel Stelter(2009), Seize advantage in a downturn

Leader of a Country Essay Example

Leader of a Country Essay Example Leader of a Country Essay Leader of a Country Essay To lead a big group of people it takes determination, leadership, understanding, patience and imagination. I have been captain of the senior soccer team for four years now and I have learnt a lot. It is very hard to lead a big group and to fulfill all of the necessities, however it only takes patience and a sensitive, yet strong personality to succeed as a leader. When it comes to leading a country, many things have to be taken into consideration. You have to be fair, you have to be a role model and you have to actually keep your promises. If I was the leader of my country, I would find a way to make it easy to be very democratic, I would set an example for all people, from small kids to adults and I for sure would only make promises which I knew I could keep. The Dominican Republic is a small island with many of the common problems which all countries face today. Some are a little more drastic, however the country has its beauties too. Picturing myself as the leader of my country, I would be very democratic. Every person has the right to speak and vote for its own desires. With such a large crowd it will be a challenge but everyone has to be heard, from complaints to positive comments. Setting an example is essential. I care about what others say and as a leader, I can’t lead if I don’t have the respect of the people and I can’t correct them if I’m making mistakes too. Many leaders have had their scandals like John F. Kennedy and others and because of this they loose respect. To set a good example I would remain distant of the people to avoid scandals and to show how noble a leader can be I would make charity donations for the improvement in lifestyle of those in need. All leaders from all over the world make their promises to get elected and do not keep those promises. As leader of my country I know how much these promises mean to the people, therefore I would only make the promises I knew I could keep. Promises like the improvement of homes and provide shelter to those in need, the church would be provided with a fund, I would build schools for the improvement in education and I would build strong connections with other economically successful countries. As leader of my country, having said all the previous, I would be the kind of leader my country and many other countries need. I try to make decisions that benefit as many people as possible. I know I can’t please everyone, but it’s important for the people to get everyone’s input. I would be good at facilitating compromise and consensus. Finally, I would have the final say, but I’d still care if people thought I had made an unfair decision. I would be a democratic leader.

Basic accounting principles

Basic accounting principles The set of rules that governs the field of accounting are known as accounting principles. Accounting principles are conventions that provide a framework for accounting, book keeping, and financial reporting. These principles are essential for businesses preparing their financial statements. For reporting purposes, both internal and external, accounting principles ensure that the financial information should not be misleading for its users. During the Great Depression of 1929, US Government passed a law for the creation of convention, principles, and standards for accounting practices. These principles are known as Generally Accepted Accounting Principles or GAAP. GAAP helped in standardizing the practices used in the accounting industry for preparing financial statements. With the help of GAAP debtors, creditors and investors can analyze the financial health of the company and also compare its performance with other companies. All the companies are expected to follow these generally accepted accounting principles when they are preparing their financial statements. The topics that GAAP covers are assets, liabilities, revenue, expenses, equity, preparation of financial statements, and all the other industry-specific accounting practices pertaining to aviation, banking, etc. There are three principles of accounting. These are: The Business Entity Concept – In accountancy, a clear distinction has been made between the business and its proprietor. Business Entity Concept means that the business should be treated as a separate entity from its owner. A business is a separate entity in the eyes of laws. In legal terms, it can be said that a business can exist even after the existence of its proprietors. Even in the books of accounts of business entity, each transaction is recorded from the perspective of the business and not from point of view of the proprietor. Going Concern Concept – Going concern concept explains that the business until and unless entered into liquidation, is to be considered having a perpetual or an indefinite life. American Institute of Certified Public Accountants defines it as â€Å"going concern concept assumes that the business will remain in existence long enough for all the assets of the business to be fully utilized. Utilized assets mean obtaining the complete benefit from their earning potential†. Any business is said to going concern when there is neither an intention nor the necessity to wind up its operations in foreseeable future. Full Disclosure Concept – Full disclosure concept requires that companies should reveal every aspect of its accounting in their financial statements. According to this concept financial statements should provide fair and full information about they purport to represent. To meet the requirement of Full Disclosure concept, financial statements are supported by the footnotes. For example, market value of investments, methods used for valuation of investments, inventories and methods used for charging depreciation on fixed assets, etc. are shown in the Balance Sheet as footnotes. The purpose of full disclosure concept is to provide all material and relevant facts pertaining to the financial health and results to its users.

Obesity Research Paper Example | Topics and Well Written Essays - 5000 words

Obesity - Research Paper Example Obesity is considered as a major problem in the United States for many decades. The rate of obesity prevalence has multiplied in the last few decades of the last century. However, in the past few years the percentage growth of fat people in the US has declined to some extent. Since obesity can give rise to several serious health problems and even can cause death, therefore it is very important that every year the obesity rate of Americans be monitored. Every year the National Health and Nutrition Examination Survey (NHANES) studies the health conditions and nutritional levels of American people including both adults and children. To make proper assessment this program includes both interviews and physical diagnosis (CDC, 2014). According to NHANES conducted for the year 2009-2010 several facts came to light – 1) In 2009-2010, there were more than 33 percent of adults and almost 17 percent of the youth who were considered to be obese, 2) the prevalence rate of obesity remained constant with the previous year 2008-2009 in case of both adults and children, 3) the prevalence of obesity between men and women was not different in 2009-2010, 4) the older people are more inclined towards obesity than the young adults (Ogden et al., 2012, p.1). Table 1 shows the prevalence of obesity among adult men and women from 20 years to over 60 in the year 2009-2010. Table 2 shows the prevalence of obesity among boys and girls in the age range of 2-19 in the same year. Among adult Americans, in the year 2009-2010 there were 41 million women and 37 million men who were obese. However, among adolescents between 2 to 19 years, more boys (approximately 7 million) than girls (more than 5 million) were obese. Moreover, the study showed that in between 1999-2000 and 2009-2010, the prevalence of obesity had increased among men but there was no major change among women. In the year 1999-2000, 27.5 percent of men were obese and this figure increased to 35.5 in the year