Martin Luther King Day And Black History - 916 Words

As we celebrate Martin Luther King Day and Black History Month, Blacks have made huge strides although coming from a past of inequality. I wasn’t particularly interested in seeing Selma because I knew what it represented. I feared to cry and get emotional over the hardships of post-slavery and the battles of the Civil Rights Movement. I knew it was going to be gruesome to watch because of its vivid depiction of how our nation used to be and a touch of reality of how it continues to become. The movie Selma had a different vision of who Martin Luther King was. He was not just seen as a hero, but also a human being who faced issues at home. He was seen as a perfect man in the public eye, but perfectly imperfect to loved ones such as his wife, Coretta. The film â€Å"contrasts the moral triumph of King’s crusade for civil rights with the agony of his marital infidelities.† (Bradshaw, 2015) Selma was effectively the last battle of the American civil war, the final confrontation erupting decades after the South surrendered. (Bradshaw, 2015) As the movie began, I noticed the story was not just about King. Many other iconic leaders of the SNCC and the SCLC that helped bring forth an awareness of black inequality and triumph to end voter discrimination aided King. The film showed the struggle of African Americans as they fought for their right to vote. In multiple scenes, King sat with President Johnson to speak of the Black vote and how it is a step to changes in America, givingShow MoreRelatedâ€Å"I Am Happy To Join With You Today In What Will Go Down1420 Words   |  6 Pagesyou today in what will go down in history as the greatest demonstration for freedom in the history of our nation.† (Lerone Bennett Jr. pg.125) Being a hero means to be a leader. To be a leader you have to have strength, courage, and commitment. In the 1960s, there were many leaders fighting for what they believe is the right of freedom and equality of all people. A major leader, Martin Luther King Jr. was involved in the Civil Rights Movement during the 60s. King was influenced by advocates of nonviolenceRead MoreBeing A Hero Means To Be A Leader. To Be A Leader You Have1124 Words   |  5 Pagesfreedom and equality of all people. Major leaders like Martin Luther King Jr. and Malcolm X they were involved with the Civil Rights Movement during the 60s. They were willing to fight until the end to make a change in society. Both men wanted to give the rights to all black people in America of living as an equal human being. But they both had their own ways of trying to make history and trying to make a difference for black people. Martin Luther believed in fighting verbally to fight with wisdomRead MoreWho knew the two most powerful African Americans that influence countless of people in history and700 Words   |  3 Pagescountless of people in history and wrote their one of many most inspirational work while locked up in jail? Martin Luther King Jr. was incarcerated because the city officials issued a court injunction to prohibit the civil rights marches in Birmingham. Whereas, Malcolm x was arrested for burglary while trying to pick up a stolen watch he had left for repairs at a jewelry shop. The fight for civil right was taken in the 1960s, where racism was a problem. Whites discriminated blacks because they thoughtRead MoreDr. Martin Luther King Jr., A Political Icon Essay1441 Words   |  6 Pagesbecause they and their accomplishme nts have forever changed society and the world. Dr. Martin Luther King Jr. was one of those individuals. Martin Luther Kings contributions to history place him in this inimitable position. One of the great figures in the march of human history, Martin Luther King Jr., like Gandhi before him, lived by a heroic credo of non-violence. More than two decades since his death, Martin Luther King ideas; his call for racial equality, his faith in the ultimate triumph of justiceRead MoreMartin Luther King Jr.867 Words   |  4 Pagespeople, one of them is Martin Luther King Jr. He made the world a better place for black citizens by doing non-violence movements and marched the way to freedom. Martin Luther King Jr. was born on January 15, 1929, in Atlanta Georgia as Michael King Jr., but changed his name to Martin Luther King Jr. in honor of Protestant Martin Luther. Through his activism, King played a pivotal role in ending the legal discrimination of African American citizens. During his childhood, Martin Jr.’s father stronglyRead MoreDr. Martin Luther King Jr. and the Civil Rights Movement Essay1269 Words   |  6 PagesAs Martin Luther King, Jr. said, the â€Å"measure† of a man comes not when things are going well, but when things are times are challenging. In the time of the Civil Rights movement, lots of African American people were measured by how they managed difficult situations. The Civil rights movement had many influential leaders and events. The overall importance of the movement was the profound impact it had on American life. The Civil Rights Movement had many important leaders, like Martin Luther KingRead MoreMartin Luther King s Speech887 Words   |  4 Pagesas Martin Luther King junior dreams did? Martin Luther King dreams of a world where there is true freedom, justice, and equality for blacks and whites. As he calls his fellow native Africans to stand up for their civil rights so that one day there will be no difference between black and white. By observing the goals King presents, what techniques he uses and how he appeals to his audience, we can then discover how effective these techniques are in achieving his goals. When dissecting Martin LutherRead MoreThe African American Civil Rights Movement1450 Words   |  6 Pagesdifferent schools, bathrooms, trains, buses and many other things that were separated from the white population. The case, Plessy v. Ferguson went through the U.S. Supreme Court and turned out to make a legal policy â€Å"separate but equal† (A Brief History of Jim Crow ). The African Americans went on to develop the African American movement to fight for their equality. The Fourteenth Amendment helped them fight for their equal rights by proving they were not being treated with equality which was unconstitutionalRead MoreTurmoil During The Civil Rights Era843 Words   |  4 Pages TURMOIL DURING THE CIVIL RIGHTS ERA Salma Nawar History Mr. Germaneri May 12, 2015 Nawar 1 Assassinations in American history have had a great impact on the social system. Upheavals based on opinion within a society cause chaos and discourse. Assassinations have major consequences not just on the country in question, but on everyone. For example, the assassination of Archduke Franz Ferdinand led to the United States entering World War I. The United States didn’t want to enterRead MoreMartin Luther Kings Impact On The Civil Rights Movement1030 Words   |  5 PagesMartin Luther King, Jr. was an American priest, activist, and important leader in the African-American Civil Rights movement. His main hope was to secure progress on civil rights in the United States, and he has become a human rights icon. King was a Baptist minister and activist. He led the 1955 Montgomery Bus Boycott and helped found the Southern Christian Leadership Conference in 1957, serving as its first president. King s efforts led to the 1963 March on Washington, where King delivered his

Working Capital Free Essays

WORKING CAPITAL Q1. Which of the following is the primary most objective of working capital? (MCQ)The difference between current assets current liabilitiesA balance of having liquid assets to ensure the operation is unaffectedManagement of individual working capital componentsWorking capital analysis using ratios(2 marks) Q2. Calculate the Current Ratio Quick Ratio using the below information. We will write a custom essay sample on Working Capital or any similar topic only for you Order Now (MCQ)$000Inventory 200Receivables 670Payables 235Bank loan 85Current Ratio 0.37, Quick Ratio 0.27Current Ratio 0.58, Quick Ratio 0.31Current Ratio 1.76, Quick Ratio 1.54Current Ratio 2.71, Quick Ratio 2.09(2 marks) Q3. Pick Co. sold 20% of its inventory on credit for 10% profit. What will be the effect on the quick ratio current ratio after the inventory sale, if all else is equal? (MCQ)Current Ratio (Increase), Quick Ratio (Increase)Current Ratio (Increase), Quick Ratio (No change)Current Ratio (No change), Quick Ratio (Increase)Current Ratio (Increase), Quick Ratio (Decrease)(2 marks) Q4. Inkle Co has receivables turnover of 8 times, a payables turnover of 4.5 times and an inventory turnover of 2.25 times. Calculate cash operating cycle assuming 365 days in a year? (MCQ)46 Days81 Days127 Days162 Days(2 marks) Q5. Which of the following TWO statements are correct in relation to working capital policies for a manufacturing company and a food retailer? (MRQ)A manufacturing company will need to invest in raw material and result in large amounts to be owed to its customersA food retailer will have a large inventory of large receivables balanceA manufacturing company needs no accounts receivable policyA food retailer will need to consider inventory management policy (2 marks) Q6. Mafia Co is a manufacturing company and has the following periods. Periods DaysReceivables collection 70Raw material turnover 42Work in progress turnover 14Finished goods turnover 42Payables payment 495334032258000What is the time it takes to complete a working cycle? (FIB) Days(2 marks) Q7. Which of the following best describes the working capital turnover? (MCQ)It measures a company’s ability to replace its working capitalIt measures the working capital support to the revenuesIt measures the liquidity position of the companyIt measures the profitability position of the company (2 marks) Q8. Yolo Co. has the following inventories:Raw material $600Work in progress $550Finished goods $700Yolo Co has annual purchases of $5,000 with the cost of sales being $2,000. What are the average inventory days for Yolo Co (366 days in a year)? (FIB)23495-317500Days(2 marks) Q9. A company sells toy machine guns in the USA; it yearly sells 15,000 guns at $60/each. It has to receive $56,000 from its customers. In how many days will the company receive all its payments? (MCQ)10 Days23 Days63 Days98 Days(2 marks) Q10. A delay in payment to the suppliers may result which of the following? (MRQ)Future contracts with the suppliers may be disruptedA discount on late payment will be missedGoodwill in the market will be increasedAn increase in the price of products as a compensation (2 marks) Q11. Which of the following is not a typical symptom of overtrading? (MCQ)A significant increase in revenue A bank overdraft reaching its limit A fall in the quick ratio and the current ratio A fall in trade payables days(2 marks) Q12. A company has very high levels of inventory and high cash balances. This is an indication of? (MCQ)Over-tradingHigh cash operating cycle Over-capitalizationLow working capital cycle (2 marks) Q13. Select whether the following statements are true or false. (HA)An increase in sales revenue should likely to increase the level of working capital invested TRUE FALSEA profitability decrease is an indication that the trade cycle has been increased TRUE FALSEUnder-capitalization is the rapid increase in sales as compared to the invested finance TRUE FALSE(2 marks) Q14. Match the following ratios in comparison to identify the over-trading problems. (P;D)A significant increase in sales Customers are paying late than their credit period Current liabilities are in excess of Current assets WORKING CAPITAL GROWTH % QUICK RATIO % INCREASE IN RECEIVABLES(2 marks) Q15. Unto Co is an online sales company which has established its business in the past two years. The CFO has indicated that the company has expanded its business and gained a good market share in these two years but to able to continue further they will need to manage its working capital effectively. Which of the following actions might help overcome Unto Co problems? (MRQ)The shareholders will be asked to inject finance into Unto CoInventory levels should be increased by Unto CoSales of Unto Co should be withheld for some timeRetained profits should be invested back in Unto (2 marks) Q16. An investment policy is the amount of working capital investment needed for a particular company. Which of the following statement related to a conservative policy? (MCQ)Company keeping a low level of inventory will lead an earlier cash operating cycleA lengthy cash operating cycle may lead to high finance costInventory levels ; receivables should be kept at an optimum levelA short cash operating cycle may lead to risky business(2 marks) Q17. Kelp Co has kept its inventory levels at the minimum level from the start of the business. The business was acquired by a competitor and they continued its operation as per their previous owners. In the last three months, the company is unable to meet the supply demands due to a shortage of inventory. The new owner of Kelp Co is unable to recognize the working capital policy. Select the appropriate working capital policy? (MCQ) Conservative investment policyAggressive financing policyAggressive investment policyConservative financing policy(2 marks) Q18. Select the appropriate option. (HA) The efficient management of inventory ; receivables relates to a moderate investment policy TRUE FALSEIf customers pay late to a company this will increase the cash cycle TRUE FALSE(2 marks) Q19. A company needs finance to invest in their assets. Select the appropriate asset in relation to working capital financing policy. (P;D)Assets are bought in their respective seasons Assets continue for more than a year Assets present with the company at any given time of the year NON-CURRENT ASSETS PERMANENT CURRENT ASSETS FLUCTUATING CURRENT ASSETS(2 marks) Q20. Which statement best reflects a conservative working capital finance policy? (MCQ)More short-term finance is used because it’s riskyMore long-term finance is used because it improves liquidityMore short-term finance is used to purchase inventoryMore long-term finance is used to pay-off payables(2 marks) Q21. Select the following similarities in an Investment financing working capital policy. (MRQ)The risk of stock out in the policyThe names used in each policyThe use of assets in the policyThe level of inventory in the policy(2 marks) Q22. Which of the following factors could have an influence in working capital? (MRQ)Company credit policies The future growth prospectThe balance of liquidity profitabilityThe nature of the companyPayable credit policies of suppliers(2 marks) Q23. Which of the following is a benefit in having a decentralized treasury department in a company? (MCQ) The duplication of workThe benefit of bulk discountingThe low-interest rates applied by the bankThe development of skills of managers (2 marks) WORKING CAPITAL (ANSWERS) Q1. BThe difference between current assets current liabilities (Definition)A balance of having liquid assets to ensure the operation is unaffected (Objective)Management of individual working capital components (One of the aspects of WC)Working capital analysis using ratios (One of the aspects of WC) Q2. DCurrent Ratio = [200+670] à · [235+85] = 2.71Quick Ratio = [670] à · [235+85] = 2.09 Q3. AThe Quick ratio = IncreaseThe inventory sold on credit, all else being equal receivables (current assets) will increase, so the quick ratio will increase.The Current ratio = IncreaseCurrent assets include Inventory Receivables. The inventory sold for profit, the receivables increase will be more than the decrease in inventory, the net effect will be the increase in current assets, hence ratio increased. Q4. CReceivable days= (365 à · 8) = 46 daysInventory days = (365 à · 2.25) = 162 daysPayable days = (365 à · 4.5) = 81 daysCash operating cycle = (46 + 162) – 81 = 127 days Q5.A manufacturing company will need to invest in raw material and result large amounts to be owed to its customers (Correct)A food retailer will have large inventory with small receivables balanceA manufacturing company needs careful consideration of accounts receivable policyA food retailer will need to consider inventory management policy (Correct)Q6. 119 daysWorking Capital Cycle= (70+42+14+42) – 49 = 119 Q7. BQ8. 91 daysRaw material days = (600 à · 5,000) Ãâ€" 366 = 44 daysWork in progress days = (550 à · 2,000) Ãâ€" 366 = 101 daysFinished goods days = (700 à · 2,000) Ãâ€" 366 = 128 daysAverage days = (44 + 101 + 128) à · 3 = 91 days Q9. BSales = 15,000 Ãâ€" 60 = 900,000 Receivable days = (56,000 à · 900,000) Ãâ€" 365 = 23 days Q10. Future contracts with the suppliers may be disrupted (Correct)A discount on early payment will be missedGoodwill in the market will be decreasedAn increase in the price of products as a compensation (Correct) Q11. DOvertrading is business trying to do too much too quickly with too little long-term capital. The payment period to accounts payable is likely to lengthen (not shorten). Q12. COver-capitalization represents an excessive investment by a business in its current assets. In the case inventory cash balance both relate to current assets of a business. Q13. An increase in sales revenue should likely to increase the level of working capital invested TRUE A profitability decrease is an indication that the trade cycle has been increased TRUE Under-capitalization is the rapid increase in sales as compared to the invested finance TRUE Q14. A significant increase in sales Working capital growth %Customers are paying late than their credit period % Increase in ReceivablesCurrent liabilities are in excess of Current assets Quick Ratio Q15. The shareholders will be asked to inject finance into Unto Co (Correct)Inventory levels should be managed efficiently by Unto Co Sales of Unto Co should be lowered not withheld completely for some timeRetained profits should be invested back in Unto (Correct) Q16. BIn a conservative policy, the inventory levels receivables are kept high resulting longer cash operating cycles leading to a need for finance via overdraft facilities. Overdraft results finance cost. Q17. CThe company kept its inventory levels at the minimum having a high risk of stockouts which indicates the Aggressive investment policy was used by Kelp Co.’s previous owners. Q18.The efficient management of inventory ; receivables relates to a moderate investment policy TRUE If customers pay late to a company this will increase the cash cycle TRUE Q19.Assets are bought in their respective seasons FLUCTUATING CURRENT ASSETSAssets continue for more than a year NON-CURRENT ASSETSAssets present with the company at any given time of the year PERMANENT CURRENT ASSETS Q20. BThe conservative policy finances most fluctuating assets with long-term finance and finances all permanent assets with long-term finance. Resulting low risk eventually improving liquidity but decreasing profitability. Q21. The names used in each policy are same only. Q22. All given above are the factors which can influence the working capital Q23. D How to cite Working Capital, Papers