Close Reading of the Feminine Mystique Essay Example | Topics and Well Written Essays - 1250 words - 1

Close Reading of the Feminine Mystique - Essay Example Betty Freidan studied and interviewed women that were suburban wives living in good houses with their administrative husbands who made lots of money before writing the book. These homemakers had done all things right. They had wedded when they were young, and some hardly finished or did not finish high school at all, while others were college dropouts, all for the target of marrying their darling and gratifying the perfect illustration of the feminine mystique. After marriage, these women had had large numbers babies by normal childbirth. Furthermore, they stitched all their clothing and cleaned all their dishes by use of hands. They also took the initiative to breastfed all of their children, and they concentrated on their husbands and children’s goals and interests so much that they lost focus of their own. Despite the fact that these women were dwelling by the ideal standards placed by the womanly mystique, they were terribly unhappy. A lot of them were visiting psychoanalysts without helpful results, thus many were anchoring depressing thoughts, resentful and considering all from an extramarital affair to self-murder. The psychoanalysts identified chronic fatigue syndrome to be the most ordinary problem of all (Coontz 19). The women that had this problem had listlessness as well as restlessness. They were at all times tired despite of how much they laid in bed. Their bones and joints always ached. They could never remain interested in or focused on one topic for a long period. They were bodily with their children all the time, although never present in spirit. Betty Frieden had extremely fine thought out ideas, and the American homemakers of the sixties, and later years, really required these ideas. For example, Friedan makes a comment on how the work of the house expands to suit the time available. She clearly noted that the houses of the women who were working were at

Finance Problem Solving Assignment Example | Topics and Well Written Essays - 1000 words

Finance Problem Solving - Assignment Example Therefore, Amber has a net working capital of $200 and a current ratio of 1.20. This indicates that the company will be able to pay any short term obligations that arise unexpectedly due to some investment in the working capital. On the other hand, Barbie has no current assets, but has $600 worth of current liabilities. Therefore, Amber has a net working capital of negative $600 and a weak current ratio. This indicates that the company will not be able to pay any short term obligations that arise unexpectedly due to no investments in the working capital. Amber Barbie Current Assets $1,200 $0 Current Liabilities $1,000 $600 Net Working Capital $200 ($600) Current Ratio 1.20 0.00 Therefore, it is important for a corporation to invest some of its funds in the financing of the working capital. A company must be able to pay its creditor when payment becomes dues, and possess ample inventory and cash to ensure the smooth functioning of the company. Question 4 A firm achieves optimal level of working capital only when the constituents of the working capital achieve optimal position. The company must have a favorable level of inventory determined by the economic order quantity. It must work upon optimal lead times that ensure no shortfall and no excess inventory at any point in time. This will ensure minimum costs association with the inventory handling. Likewise, the company must forecast future cash inflows and outflows, risk tolerance and borrowing capability to ensure an optimal cash level. An excess surplus must be invested in short term securities, whereas a shortage must be immediately handled with an overdraft with the bank. Similarly, the company could determine its advantageous day’s sales outstanding which will allow it to make an effective policy toward the management of its receivables. (Brigham and Gapenski 1988) Question 6 The matching principle of the working capital financing states that the non-current assets and permanent current assets must b e financed by long term debt; whereas fluctuating current assets must be financed by short term debt. (Brigham and Gapenski 1988) For instance: A retail store balance sheet shows inventory, cash, account receivable and fixed assets. At any point in time, this store has a minimum amount of all current assets which becomes a part of the permanent current assets. Therefore, according to this matching principle, these permanent current assets and fixed assets are to be financed by long term debt. There is low cost associated with this technique as most of the assets are finance low interest long term debt. Likewise, it results in a higher profitability as interest expense is low in this strategy. It also provides the company with more liquidity and a better current ratio. (Brigham and Gapenski 1988) Problem 17-3 Company A Company B Current Assets $1,400 $960 Current Liabilities $900 $600 Net Working Capital $500 $360 Current Ratio 1.56 1.60 Company A appears to be more liquid as compare d to company B. This is because it has a higher net working capital. Even though company A has slightly lower current ratio, it holds more of its assets in the liquid form. Problem 17-6 a. Working Capital = $160 b. Net Working Capital = Current Assets – Current Liabilities Net Working Capital = $160 - $170 Net Working Capital = ($10) c. The company is following a very aggressive approach to working capital financing. This is indicated by a low net working capital; which shows that all of the current assets –