Friday, February 21, 2020

Use two or three literary terms to analysis the story, which is Flight Essay

Use two or three literary terms to analysis the story, which is Flight Patterns by sherman alexie - Essay Example Despite his love for his family, William is drawn to his business. There are times that he feels like staying with his family, but the weight and attention for his business messes everything. The society he serves expects more from him; on the other hand, his family needs his presence. Sometimes his family, the wife and daughter understands his obligations to the business, but at times feel the need of him being around them. In an occasion, when he is about to leave for business, his wife urges his to stay and wraps around his legs, but when he tells her that he is not strong enough to do ‘this’, Marie, his wife replies â€Å"Willy Loman†¦Ã¢â‚¬ ¦.pay attention to me† (Alexie 51). This portrays his family’s need for him and the conflict that he faces in his 21st century American life. His Family loves him, and his society has expectations for him bringing about the sense of two conflicts between man and man, man and family, and man and society. This is also an indication that William is a loving man torn between conflicts. His conversation with Fekadu induces a chain of action that makes his abandon his luggage at the airport, not worrying about the actions the airport authorities could take. When he notices how Fekadu was forced to choose between his values and family, he take the move, abandons everything, finds a phone and calls his wife just to tell her that he is there. This confirms the caring character of William. Leaving his luggage on the road was symbolic. It meant that William was abandoning the social expectations and constraints and the bags on the road meant that he had put the conflict between self and the society on the road to resolution at the cost of solving the conflict between him and his family. Choosing to abandon the social constraints and the demands of the society in order to meet the demands of his family also symbolized that

Wednesday, February 5, 2020

Consolidating U.S. and Foreign subsidiary financial statements Research Paper

Consolidating U.S. and Foreign subsidiary financial statements - Research Paper Example Is Consolidating U.S. and Foreign-based Financial Statements Hides Useful Information? The author makes a conclusion that consolidating U.S. and foreign-based financial statements withholds some information to both the public and their foreign counterparts. This is evident in many situations within their many business transactions and statements. The first case where crucial information about financial statements is masked is while translating foreign currency. According to the author, the literature that shows foreign currency translation is usually categorized into four groups. The first group shows surveys issues related to the many changes that occur in the management behavior. The second, on the other hand researches on effects that come after using alternative methods of translating financial statements. The third literature is one which studies the market and the many emerging behaviors related to market patterns, and the final study reveals different preferences that are used as translating methods, this is done by making early adoption and embracing SFAS. However, studies that are made in the first category, a study were conducted on almost 70 Multinational Companies from different parts of USA. It was found out that that most management of these companies were not speculative and were very defensive as far as rate variations were concerned and were not willing to give comprehensive reports about their translational losses. It seems like these managements felt more insecure by giving out real financial statements about their standing financial status (Rodriguez 70). In respect to this, they were ready to pay big costs which would be much higher than the existing average exchange depreciation. Houston in a different report states that managements of MNCs tend to decrease their financial exposure as they adopt SFAS # 52 (Houston 52). They have been very unpleased with the newly passed translational rules as they advocate for financial openness and transp arency (Choi 54). This is a clear indication that most Multinational Companies to a greater extent hide some important financial information that relates to their current financial status. Example 2: If there exists a foreign debt to equity ratio of 5 in the US and the parent company’s ratio is 1.25, the two of them shows different market positions at different time. Though the ratios seem vastly different from one another, it may be said that they are healthy. This is always in reference to the environment at that particular period of time. This consolidated ratio however, is given to be 2. Practically, this number is too low for a good financial environment and it can be said to be extremely high in USA. Thus, the consolidated debt in elation to prevailing equity ratio does not give us the reality in the two environments. It is clear that it contains very little and insignificant knowledge, which in fact, might be misleading. The only best way that can be employed to clearl y interpreted and analyze this debt to equity ratio is through disaggregate, which means, consolidating, and later interpreting separate numbers in respect to particular environments (Rodriguez 92). In a nutshell, consolidating US and foreign financial statements masks some of its important information. This has been proved to be true by the many cases where transparent in as far as release of