The Shawshank Redemption: A Comparison of the Short Story and the Film

The Shawshank Redemption by Stephen King is both a wonderful film and a brilliantly written short story. There are many themes represented in each form of The Shawshank Redemption. The one major theme that interests me in both the film and the story is freedom. Freedom serves a large purpose for both the story's writer and the filmmaker. Both use similar examples to signify freedom, not only in the jail, but also in a larger context about life. There are many events and examples in both the film and the short story that signifies the theme of freedom. The one main difference is when the film uses the director’s technique to portray a feel of freedom for the inmates. The overall three issues used in this essay are all linked to the feeling of the inmates feeling the sense of freedom with the prison walls. In both the film and the short story, which involves freedom is when Andy Dufresne approaches the narrator, Red. Andy asks Red, "I wonder if you could get me a rock-hammer."(28) Andy's reason for wanting a rock-hammer is because he was "a rockhound. At least... I was a rockhound. In my old life."(29) Andy states that he would like to be a rockhound again on a limited basis because it gives him the feeling of freedom. This example serves the purposes of both the story's writer and the filmmaker. The act of Andy Dufresne being able to go on "Sunday expeditions"(29) at Shawshank shows the reader and/or viewer that it will make him feel free, like when he collected ...

“Economic Growth Without Distributive Justice Can Only Lead to Violence”.

â€Å"Economic Growth without distributive justice can only lead to violence†. A steady economic growth is a sign of a growing economy. Good economic growth often leads to the prosperity of the people of the country. But this is not always true for the entire population. Even when only 5% of the population is booming economically the economic growth would show a steady rise which though good for a country on the international front ,is a not so good for a country on the domestic front. Economic growth without distributive justice can only lead to violence. The economy wherein the rich get richer and the poor get poorer everyday is devoid of peace and prosperity. In India,it has happened in the past and happens even today ,when the employees see their employers make huge money while they are struggling to even make both ends meet,they hold protests,go on strikes demanding fee hike. It creates a void in the society, a gap that is hard to fill, a swamp that sucks the entire nation in. It is not very easy to see people become rich when you don't even get food twice a day. This leads to thefts,murders,and violence in the society. And with so many wrongdoings happening around you,the trust vanishes. The sense of living in a large family named society eludes us. Thus ,in my opinion the government of every country must put the best foot forward to ensure that the income is distributed as evenly as possible in the society to maintain peace and harmony in the society,so that the people can stay together and rejoice each other's growth and achievements.

Essay on The Tell-Tale Heart - 1132 Words

In the baffling tales of â€Å"The Tell-Tale Heart,† â€Å"A Rose for Emily,† and â€Å"My Last Duchess,† the narrators give in-depth descriptions about the characters and their surroundings. The central theme in these tales comes frightfully alive early on in the stories, but still manages to produce a dramatic ending in every tale. In each of these three first-person narratives, the narrator’s motivation to tell the tale influences the credibility of the story, which makes the narrator’s point of view, credibility, and motives, surreal to the reader. In the heart-pounding tale â€Å"The Tell-Tale Heart† by Edgar Allan Poe, the narrator leaves no time to get to know the two characters but begins the story by planning the death of the old man’s eye. The†¦show more content†¦On the eighth night, the narrator loses his so-called insanity and goes in to kill the man. The way the narrator describes the events leading up to the mur der of the eye and concealment of the body is precise and sly. The dramatic irony at the end of the tale describes just how delusional the narrator is; his guilt was making â€Å"a mockery† of him. Hearing the heart beating in a ringing tone, louder and louder, he shirked â€Å"dissemble no more! I admit the deed! Tear up the planks! - here, here! - it is the beating of his hideous heart!† (40). The narrator hears the heart of the old man at the end of the tale in his head, showing the credibility of the tale and the characteristics of the character. The ending of the story merely describes in one sentence that maybe now he knows he has a disease for the worse. The first person point of view is not always told from an â€Å"I† point of view, but can also be told as an objective point of view, best described as a â€Å"fly on the wall.† In William Faulkner’s â€Å"A Rose for Emily,† Miss Emily Grierson’s forlorn life is narrated throug h the gossiping members of Miss Grierson’s town. During the story, the narrators seem to alternate, each one giving different details about Miss Emily’s life. In the beginning of the story, MissShow MoreRelatedThe Tale the Heart Tells523 Words   |  2 PagesMany a night, just at midnight, when all the world slept, it has welled up from my own bosom, deepening, with its dreadful echo, the terrors that distracted me. I say I knew it well. I knew what the old man felt and pitied him although I chuckled at heart† (Poe 2). The narrator sees the man as his double through such an emphasis on their similar features, which later becomes crucial as the narrator feels the need for the displacement of his fear. The fact that the old man’s fear is warranted due toRead MoreEssay on The Tell-Tale Heart852 Words   |  4 PagesAndrew Fiddler Professor Esquivel English 1020 15 February 2013 Themes of â€Å"The Tell-Tale Heart† Edgar Allen Poe explores the similarity of love and hate in many stories, especially â€Å"The Tell Tale Heart.† In â€Å"The Tell-Tale Heart,† the narrator confesses a love for an old man whom he then violently murders and dismembers the body and hides the pieces below the floorboards in the bedroom. When the police arrive, the narrator appears normal and unshaken by the murder. Later on, the man gives inRead MoreEssay on The Tell Tale Heart655 Words   |  3 PagesThe Insane Killer One of Edgar Allan Poe’s most terrifying tales is â€Å"The Tell Tale Heart†. Poe’s life was tragic because many of the women that Edgar Allan Poe loved very much had died of tuberculosis- his mother, his foster mother, his wife Virginia, and the men in his life kept abandoning him, so that made him dark and depressed. That darkness shows in a lot of his stories, including this one. â€Å"The Tell Tale Heart† is a story about a murder the narrator commits. He kills an old man becauseRead MoreThe Tell Tale Heart Essay1015 Words   |  5 PagesBeating Heart With a descriptive epistle of murder and insanity, â€Å"The Tell Tale Heart† threw itself into history as a classic. The narrator tells of his plot to murder an old man with a â€Å"vulture eye.† Although he sneaks into his bedroom, night after night, he still cannot murder the old man, because he loves the man, but hates the eye. When seeing the vulture eye on the eighth night, he murders the old man and dismembers his body. While insisting upon his sanity he hears the old man’s heart beatingRead MoreTell Tale Heart Essay1367 Words   |  6 PagesIn â€Å"Tell Tale Heart,† Edgar Allen Poe develops the plot and creates a mood through the use of metaphors, symbolism, imagery, and foreshadowing. The unique use of said literary devices enables the story to strongly entice the reader’s interest and spark high levels of curiosity. The vivid mental pieces of art are beautifully painted with metaphors, symbolism, and imagery, the tools mastered by the p ainter, Edgar Allen Poe. The initial analysis will be that of the old man’s eye. Mr. Poe uses veryRead More The Tell Tale Heart Essay1656 Words   |  7 PagesIn the â€Å"Tell-Tale Heart† by Edgar Allan Poe, the narrator is extremely uncanny due to the reader’s inability to trust him. Right from the beggining the reader can tell that the narrator is crazy although the narrator does proclaim that he is sane. Since a person cannot trust a crazy person, the narrator himself is unreliable and therefore uncanny. Also as the story progress the narrator falls deeper and deeper into lunacy making him more and more unreliable, until the end of the story where the narratorRead More A Hanging and A Tell-Tale Heart1541 Words   |  7 Pagescharacters of the guard from George Orwell’s â€Å"A Hanging† and the servant from Edgar Allen Poe’s â€Å"A Tell-Tale Heart†, they both experience the act of taking another person’s life. The guard from â€Å"A Hanging† works at a prison in Burma where felons await execution. His job is to lead the convicted men to their doom and makes sure everything goes routinely and swift. While the servant from â€Å"A Tell-Tale Heart† is a psychopathic man who lets his obsession over his boss’s glasseye lead him to plot and carryRead MoreAnalysis Of The Tell Tale Heart 1110 Words   |  5 Pagesdespicable villains are marked with indifference towards their moral reprehensibility. â€Å"In the Penal Colony† and â€Å"The Tell Tale Heart† both elucidate the idea that corruption, darkness, and immorality alike are unperceivable to the one afflicted. However, while â€Å"In the Penal Colony† suggests that this blind nature is a result of dutiful honor, responsibility, and hope, â€Å"The Tell Tale Heart† alternatively submits that it is a result of the possibility of fulfillment. Distinction between bothRead MoreThe Tell-Tale Heart Confession593 Words   |  2 PagesProbably not, but most americans have had this issue in that past. The narrator in â€Å"The Tell-Tale Heart† had the same exact same problem during his span as a butler. â€Å"The Tell-Tale Heart† is a short story composed about a butler that murders his master because he didn’t liked the way his master’s eye looked when it was open. The meaning of the title â€Å"The Tell-Tale Heart†, means that every heart has a tale to tell. At the ending of the story the narrator openly admits that he killed his master to policeRead MoreThe Black Cat And The Tell Tale Heart957 Words   |  4 Pages the manner in which he expressed these emotions was his brilliantly horrifying short stories. In the two short stories â€Å"The Black Cat† and â€Å"The Tell Tale Heart† Poe uses characterization to portray the guilt of the narrator. â€Å"The Black Ca t† short story’s writing has a morbid effect on readers and describes the torments of guilt. In â€Å"The Tell-Tale Heart† Poe explores the effects of the subconscious mind, the suppressing of guilt and the narrator’s guilt forcing him to confess.† â€Å"The Black Cat† is

Texting All Teams Amazon Enters the Cell Phone Market - Free Essay Example

Sample details Pages: 2 Words: 565 Downloads: 3 Date added: 2019/08/16 Category Technology Essay Level High school Tags: Cell Phone Essay Did you like this example? According to the case study from the text book, Essentials of Organizational Behavior, (Scandura 252).   Lab126 which is Amazons private lab was given the task in 2009 to develop a new smart which is known as the, Fire Phone today. The case study also stated some features that were brought up during the initial conceptual phase for creating this phone. Such as double touch screens, using the phone as A USB drive, teleconferencing capabilities or infrared cameras. Don’t waste time! Our writers will create an original "Texting All Teams: Amazon Enters the Cell Phone Market" essay for you Create order These ideas most likely came up during the, Team Decision Making Methods that the books mention. Brainstorming is one of the most common forms of team decision making (Scandura 237238). Brainstorming is a conference technique of solving specific problems, amassing information, stimulating creative thinking, developing new ideas, etc., by unrestrained and spontaneous participation in discussion (Dictionary.com, 2018). The number of ideas generated in the brainstorming process should be filtered by all the group members. After reviewing all these ideas thoroughly Amazon should have split the group into small teams, and according to their field of expertise they are responsible to explore more in-depth features. For instance, one team could have been focused on refining the idea of using the Fire Phone as a USB drive. It also can be very challenging to evaluate the teams success before placing the product on the market. Therefore, one way to see if this product would sell is to use focus groups to test the new ideas, and possible prototypes of the phone. Using focus groups would avoid and doubt or questions before placing this product on the market. Also, Amazon could have tested the new phone inside their corporation but use different employees not the ones that were involved in developing this product. Using your own employees would be an excellent source of feedback to evaluate the teams success before placing the phone on the market for consumers. As a leader of this highly technical team the best decision-making method for achieving the greatest result for the product would be the Consensus method. This method involves discussing ideas and deferring a final decision until everyone can say they have been heard and will support the final decision (Scandura 238). During this process, team members can convey with each other about other features that could be implemented as they progress forward as a team. The biggest factor in creating this product could be the different personalities of each individual member of the team. Even though, engineers are directed by theories, facts, testing a number in their technical field of expertise; their personality may trigger many conflicts inside the team as they may think that they are right and others wrong (Personailtymax.com,2016). Also, a leader or supervisor cannot be called all the time to resolve conflict, but when a serious issue comes up it must be taking care of immediately. Leadership should come in the play after discussing the problem and trying different methods to reach a solution. Sometimes though as a team or group an agreement cannot be reached and such prevents the team to progress forward. At this point a leader or supervisor needs to step up and make an executive decision and impose his/her authority to solve the conundrum. A important fact to remember when making a final decision as a leader you is to make sure you do undermine anyone on the team so to dont diminish the teams purpose.

Luxury And The Privacy At A Self Catering Lodging

Whether or not you are an independent-minded traveler, you will surely love the luxury and the privacy at a self-catering lodging. Unlike hotel accommodation choices, you will have the freedom to check-in and checkout at your convenience and preference. Plus, the opulent property will give you a relaxing setting for your rejuvenation, inspiring touring opportunities and quick access to nearby attractions. Villas definitely stand atop the list of a self-catering lodging choice. However, it always depends on what you expect from your holiday accommodation based on your needs and budget. In this article, you will find a brief comparison of both the lodging options and the value of each. Hotel holidays: There are close to endless choices of hotels, including both budget and high-end ones at each destination worldwide. That means finding one for your holiday lodging will never be a hassle. This is one of the few reasons why people choose a hotel for their holiday stay. Another plus point is that hotels offer many services without any extra cost. You can get your room cleaned, launder your clothes, and order room service. Plus, the on-site restaurants offer enticing menu choices so that each guest can enjoy some hearty meals during their stay. If your idea of a perfect vacation sounds like this, then a hotel stay might be the best option for you. But in the other hand, hotel rooms can be very limiting and expensive. For a spacious opulent suite, you will end up paying a lot.Show MoreRelatedSunset Boulevard Essay1932 Words   |  8 Pagescompartmentalization that allows the downtrodden to hope and carry on. Sunset Boulevard carefully considers the intricate honeycombs of dishonesty an d deception that constitute a human life, then dissolves the barriers and watches the emotions, lies, and self-contradictions slurry together and react in often volatile and destructive ways. The complex web of half-truths and false impressions that give the diegesis of Sunset Boulevard its convolution manifests in the visual imagery and physical attributesRead MoreHotel Organisation7416 Words   |  30 PagesThese individuals arrange for hotel accommodations through such means as direct telephone lines; hotel sales representatives; travel agencies; property-to-property networks; postal delivery; telex and fax; and other communications services. Every lodging property has its own way of monitoring and managing its reservations function. The reservations department is responsible for receiving and processing reservation requests for future overnight accommodations. Although procedures may differ from hotelRead MorePurpose of Evaluating Customer Service Policies26269 Words   |  106 Pagesfollowing diagram shows the relationship between the hospitality and tourism industry. Can you think of more services with examples to add to the diagram? Hospitality Industry Tourism Industry Hospitality Institutional/ Welfare Catering e.g. Hospital Catering Commercial Accommodation Services e.g. Hotels, Guest Houses Transportation services e.g. Car Rental, Airlines In Activity 4 we learned the hospitality industry is a part of a wider group of economic activities called tourismRead MorePurpose of Evaluating Customer Service Policies26276 Words   |  106 PagesThe following diagram shows the relationship between the hospitality and tourism industry. Can you think of more services with examples to add to the diagram? Hospitality Industry Tourism Industry Hospitality Institutional/ Welfare Catering e.g. Hospital Catering Commercial Accommodation Services e.g. Hotels, Guest Houses Transportation services e.g. Car Rental, Airlines In Activity 4 we learned the hospitality industry is a part of a wider group of economic activities called tourism. In additionRead MoreA Business Plan for and Adventure Recreation Company9286 Words   |  38 Pagessensitivity to price.UAE will price its services at the top of the market. We will provide a luxury service with prestige value. Our prices will be out of reach for the majority of adventure travelers. Service will be priced based upon luxury competitor prices and the value added of our offering. Providers that offer  luxury services similar to ours do so at similar prices. We are competitively priced in the luxury market. Because we appeal to  a smaller market, volume will be limited. However, we willRead MoreChanel Handbags, Target, and Salvation Army Swot Analysis13115 Words   |  53 Pagesdepth research about this product. There are hundreds of handbags being offered to luxury brand consumers each season, but to most women options are necessary and even recommended. Also, these women are constantly changing their bags especially with different seasons; and handbag retailers like Chanel, Gucci, and Celine offer these products, which always seem to be more versatile and improved. Each season luxury brand, Chanel redesigns and innovates new styles in which they advertise them with tastefulRead MoreProfiles of a Spa Customer6542 Words   |  27 Pages(English.Chosun, 2007). These days spas come a dime a dozen, and massage parlors are as prolific as muscle aches. If before getting a spa treatment was a luxury only few could afford, the times have changed to adapt to the indulgent desires of an evolving status quo. Today spa treatments come in a range of prices, the spas themselves catering to particular markets. There is bound to be one in your neighborhood, just as likely as there is one off-shore in some fancy beach resort. Student prices nowRead MoreMarketing Mistakes and Successes175322 Words   |  702 PagesBuffett. How did they do it? Starbucks is also a rapidly growing new firm—not as much as Google, but still great—and a credit to founder Howard Schultz’s vision of transforming a prosaic product, coffee, into a gourmet coffee house experience at luxury prices. Boston Beer burst on the microbrewery scene with Samuel Adams beers, higher priced even than most imports. Notwithstanding this—or maybe because of it—Boston Beer became the largest microbrewer. It proved that a small entrepreneur can compete Read MoreCase Study148348 Words   |  594 Pagespersonal account using the access code supplied with the copy of the book. Access the following teaching and learning resources: Resources for students †¢ A dynamic eText of the book which you can search, bookmark, annotate and highlight as you please †¢ Self-assessment questions that identify your strengths before recommending a personalised study plan that points you to the resources which can help you achieve a better grade †¢ Key concept audio summaries that you can download or listen to online †¢ Video

Business Management Motivation Free Essays

Motivation is the willingness to exert high levels of effort toward organizational goals, conditioned by the effort’s ability to satisfy some individual needs (Robbins, 168). For some business analysts, employee motivation is a good way to increase productivity in an organization. When people get motivated, they will have a reason to put more efforts on what they are doing. We will write a custom essay sample on Business Management Motivation or any similar topic only for you Order Now Motivation is a crucial management tool in lifting the organization’s work force’s ability. There are many different ways to motivate employees. Employers can motivate their workers as individuals, groups, teams, or the organization as a whole. Motivation takes forms like offering rewards, improving working conditions, or employee recognition. However, which approach should employers try? Team-based reward systems have been raised as an issue in work management areas. Many people prefer team-based reward systems to an individual approach. San Diego Business Journal, issued on Oct. 6, 1997, published an article titled â€Å"Team-Based Productivity Incentive System.† This article summarized the ideas that supported the team-based approach. The author, Bob Harrington, opposed the individual reward system. As he stated, individual reward systems create unnecessary competition and reduce cooperation between employees. It also reduces creativity because employees will only do what is necessary to get rewarded. Moreover, Harrington said team-based incentives influence individuals to work well together and cooperate with one another. No longer are employees and management measured purely against financial information. Instead, outstanding performance is based on a combination of items that measure the strategic objectives of the corporation. This paper will see if the team-based incentive systems are the best approach for business environments as Harrington discussed. Medical insurance and educational opportunities, among others are all common benefits in compensation programs for many manufacturers. Many people argued that these benefits attract and retain employees, but have little to do with work performance. Some also believe that if these benefits are spread out among workers in general, these kinds of work incentives will not guarantee good performance. Well Pay vs. Sick Pay is an example of how an incentive program reinforces wrong behavior and reduces productivity. Manufacturers with incentive systems that reward employees for achievements and growth can increase their competitiveness and profitability in today’s global market. Yes, it is true that organizations need to have incentive systems to satisfy their work force. Team-based incentive systems such as gain sharing, profit sharing, etc., become increasingly popular in work environments. People now are required to work as a team, and altogether help each other to achieve an objective. Your work is my work, and your responsibility is mine. People will become more cohesive as working in a group or a team. Team-based incentives offer several advantages. However, I do not totally agree with Harrington that individual incentive systems do not have any good influence over workers’ performance. Some people are extremely successful when they work on their own. People, who are raised in an individualistic culture, might not benefit from working in a group. So, individual incentive systems do play an important role in increasing a work force’s productivity as long as the employers know how to use this reinforcement system properly. If organizations set a standard to measure individual achievement and reward that individual on what he (she) perform, then, the individual incentive system might work as well as the team-based one. Moreover, managers need to realize that team-based incentive systems might cause Social Loafing effect in the work force – the tendency for individuals to expend less effort when working collectively than when working individually (Robbins, 260). Motivations are necessary in a working environment to increase the productivity of the work force. Reward systems must create a win-win situation for employees and employers. Team-based incentive systems might work very well and are a preferred process for many organizations in today’s work market; however, managers should adopt individual incentive systems in many cases, when employees are more skillful, efficient, and effective as working individually. The major purpose of the incentive system is to motivate and organize employees. How to cite Business Management Motivation, Essay examples

Managerial Finance Annual Report and Accounts

Question: Describe about the Managerial Finance of Annual Report and Accounts. Answer: Introduction ASOS Plc is an international fashion stop for young people, founded in the year 2000 and headquartered in London, England. ASOS is a British beauty and online store that aims to offer more than 80,000 branded and self-brand items with the assistance of web encounters and localized mobile from their respective centers situated in United States, China, United Kingdom, and Europe to near about every place in the world (ASOS, 2015). In relation to the financial year 2015, the company was in an advantageous position in the year because it reported an enhancement of around eighty percent of sales in United Kingdom that includes around twelve percent of enhancement in global sales accompanies with steady profits. ASOS has adopted various effective steps to meet the satisfaction of its customers and has framed strategies to enhance its technology developments that have further assisted in attaining the major goals of the company (ASOS, 2015). The consumer involvement of the company continues to be effectively high and developing each year. Furthermore, the motive of the company remains firm in becoming the number one fashionable spot for people especially in the twenties (Deegan, 2011). Computation of 5 Key Ratio Profitability Ratio These ratios are a class of economical metrics that are utilized to evaluate the ability of a business to generate revenues or earnings compared to its costs and other associated expenses incurred during a particular period of time. Return on assets Return on assets is an indicator of how profitable a company is associated to its total assets. It offers an idea as to how effective management is at utilizing its assets to generate earnings. It is computable by dividing the total annual earnings of a company by its total assets and depicted as a percentage. Therefore, higher return on assets ratio signifies better use of assets by a company. Return on Assets 2015 2014 2013 2012 2011 Net Income (I) 36,866 36,950 40,928 9,904 10,849 Assets (II) 4,77,897 3,79,963 3,11,751 2,06,278 1,36,168 Return on Assets (I/II) 0.08 0.10 0.13 0.05 0.08 Net Profit Margin This ratio computes the earnings or revenues made by a company as a percentage of the total sales achievable by it. Therefore, higher the distinctions between the revenues and expenses, more is the companys net profit (Christensen, 2011). Thus, net profit margin ratio is very beneficial in ascertaining the capability of a company to enhance its earnings without enhancing its costs in a similar amount. This ratio is computable by dividing the net income of a company by its total sales during a year. The following depicts the net profit margin of ASOS Plc for the past five years: Net Profit Margin 2015 2014 2013 2012 2011 Net Income (I) 36,866 36,950 40,928 9,904 10,849 Sales Revenue (II) 11,50,788 9,75,470 7,69,396 2,38,023 3,39,691 Net Profit Margin (I/II) 3.20 3.79 5.32 4.16 3.19 Liquidity Ratio This ratio measures the ability of a company to pay off debt obligations and its margin of safety (MOS) through the computation of metrics accompanying the current ratio, operating cash flow ratio, and quick ratio (Choi Meek, 2011). Thus, to sustain smooth operations of the company, it has to maintain a proportion betwixt its liquid assets and non-liquid assets. Current ratio It is the ratio between current assets and current liabilities of a company. The normal standard of a current ratio is usually two, which implies that the assets of a company must be double of its liabilities so that obligations can be easily paid off. Hence, current ratio going below one is very problematic for a company (Davies Crawford, 2012) Current ratio is computable by dividing the current assets of a company by its current liabilities. Current Ratio 2015 2014 2013 2012 2011 Current Assets (I) 3,37,098 2,60,662 2,33,132 1,47,638 83,809 Current Liabilities (II) 2,37,298 1,85,539 1,51,952 1,00,291 66,848 Current Ratio (I/II) 1.42 1.40 1.53 1.47 1.25 Efficiency ratio This ratio typically applies to banks and in general terms, it implies expenses as a percentage of revenue with a few differences. It is utilized to evaluate how well a company utilizes its liabilities and assets internally (Brigham Ehrhardt, 2011). It can compute the repayment of liabilities, turnover of receivables, basic use of machinery and inventory, etc. It assists an investor to facilitate comparison between two or more companies of similar industry. Earnings per share (EPS) The EPS of a company is the portion of its profit attributable to each outstanding share of common stock. It is computable by dividing the total earnings of a company by its number of equity shares (Fields, 0qq). The Earnings per share of ASOS Plc during the five-year period are as follows: Earnings Per Share 2015 2014 2013 2012 2011 Total Earnings attributable to owners 36,866 36,950 40,928 9,904 10,849 No of Shares 83,034 83,125 81,751 79,078 74,375 Earnings Per Share 44.40 44.45 50.06 12.52 14.59 Solvency Ratio This ratio assists in measuring the capability of a company to meet its long-term debts. Besides, the solvency ratio quantifies the company size after tax income, not accommodating non-cash depreciation costs, as contrasted to a companys net debt obligation (Brealey et. al, 2011). In other words, it assists in evaluating the capital structure of a company. Equity Ratio This ratio is a kind of financial ratio that assists in the computation of amount of assets financed by equity. It measures the proportion of net assets financed by stakeholders, as opposed to creditors. It is computable by dividing the total assets of a company by its total equity (Brigham Daves, 2012). Besides, ASOS does not possess any leverage and hence debt is absent. The following portrays the equity ratio of ASOS during the five-year period: Equity Ratio 2015 2014 2013 2012 2011 Total Equity (I) 2,37,315 1,93,031 1,59,799 1,05,987 72,120 Total Assets (II) 4,77,897 3,79,963 3,11,751 2,06,278 1,36,168 Equity Ratio (I/II) 0.50 0.51 0.51 0.51 0.53 Price Earnings Ratio (P/E ratio) In order to compute the Price Earnings ratio of ASOS Plc, it is crucial to consider the share prices of the company and its previous reported earnings. The following depicts the P/E ratio of ASOS based on several sources: Market price per share (equity) = 4,606 (approximately) EPS (Earnings per share) = 44.40 P/E ratio is computable by dividing the price per share by its earnings per share. Therefore, the P/E ratio of ASOS reports at 4606 / 44.40 = 103.74 Since the current P/E ratio of the company reports at around 18 times, it is assumable that an investor is more likely to sacrifice a price that is 103.74 times the EPS of the company. Analysis based on above calculation Profitability Ratio- It is observable that the company has attained significant growth achievements despite the fact that it has not existed for a prolonged period. Furthermore, its net profit margin ranges from 3%-5% that is a good indicator. The ROTA of ASOC has also been firm and it is noticeable that the company is striving to develop with every surpassing year. Both the net profit margin and ROTA was at maximum in 2013. Liquidity- The current ratio of ASOS reports around 1.5 every year that is not very beneficial but at the same time, not so dangerous to its liquidity. It is assumable that the companys liquidity is in a moderate zone. Efficiency- EPS of the company assists in determining its efficiency. It is observable that EPS has enhanced since the past five years that signifies successful implementation of strategies, thereby facilitating in better earnings of the company. Investment- The capital structure of the company refers to its investment and it is observable that its capital structure is free from debt. This means that the company operations are conducted through the funds obtained from issue of shares (Albrecht et. al, 2011). Besides, the solvency of ASOS Plc relies on its capital structure. However, the equity ratio of ASOS is also firm during the five years, which signifies adequate maintenance of investment in equity and assets in a same proportion that has facilitated in sustenance of equity ratio to be around 0.50. ASOS Plcs movement of share prices during 2014-2015 The below-mentioned graph portrays the movement of share price of ASOS during 2014-2015. It is observable that the company share prices vary from 4,194 GBP to 1,785 GBP in the year. Besides, the decline in share prices was noticeable in the beginning months after which the company made a huge leap and attained its maximum in the month of April 2015 that reported share price at 3000 GBP (ASOS Plc, 2016). Conclusion It is observable that the aggregate performance of the company is quite good despite the fact that it has been in operation for only sixteen years and still, it has managed to attain impressive outcomes. Furthermore, the company has played a key role in adequate satisfaction of investors through appropriate implementation of the strategies. This signifies the core strength and fundamentals of the company that has allowed it to gain a competitive advantage in the market. Thus, ASOS Plc is clearly to perform with better outcomes in the upcoming future and the investors can continue investment in the company for obtaining better returns. References Albrecht, W., Stice, E. Stice, J 2011, Financial accounting, Mason, OH: Thomson/South-Western. ASOS 2015, ASOS Annual Report and accounts 2015, viewed 17 August 2016, https://www.asosplc.com/investors/results-reports/2015.aspx ASOS Plc 2016, ASOS share price information, viewed 17 August 2016, https://www.asosplc.com/investors/shareprice-information/shareprice-chart.aspx Brealey, R., Myers, S. Allen, F 2011, Principles of corporate finance, New York: McGraw-Hill/Irwin. Brigham, E. Daves, P 2012, Intermediate Financial Management , USA: Cengage Brigham, E.F. Ehrhardt, M.C 2011, Financial Management: Theory and Practice, USA: Cengage Learning. Choi, R.D. Meek, G.K 2011, International accounting, Pearson . Christensen, J 2011, Good analytical research, European Accounting Review, vol. 20, no. 1, pp. 41-51 Davies, T. Crawford, I 2012, Financial accounting, Harlow, England: Pearson. Deegan, C. M 2011, In Financial accounting theory, North Ryde, N.S.W: McGraw-Hill. Fields, E 2011, The essentials of finance and accounting for nonfinancial managers, New York: American Management Association.