The Legal Age of Consent in Australia - Free Essay Example

Sample details Pages: 6 Words: 1850 Downloads: 7 Date added: 2017/06/26 Category Law Essay Type Analytical essay Did you like this example? The reasons to select the article and found legal issue The article reported Brief content of the article The 26-year-old accused went to Sydney last August with a student visa in order to develop his further study at the University of Newcastle. During that period, he met a 12-year-old girl at a local mosque, however, he did not concern that she was merely 12-years-old. Then, the accused and the girl got married in an Islamic wedding ceremony. After celebrating the underage marriage, they moved to a home located in Sydneys south-west. To enroll his wife at a school near their home and ensure his responsibility for taking care of the young girl, the 26-year- old man went to a Sydney Centrelink office and asked for how to become a guardian of his wife, who is a 12-year-old girl. In addressing his question, one of the employees suggests that he should go to the Department of Family and Community Services for the application of guardianship. Afterwards, he submitted the relevant documents to this department, however, his requests were denied. More seriously, a government worker reporte d this application to the NSW police. Few days later, child abuse squad detectives arrested and took this man to Auburn Police Station by alleging that he had sexual intercourse with the 12- year-old girl 25 times from January 1 to February 4. Peter Yeomans, Commander of the Child Abuse Squad, commented that it was difficult to think these serious crimes could happen to a child at an obviously very tender age because the girl did not obtain the age of consent prior to her marriage. He supplemented that even if the religion and culture of the accused is taken out, the factual issue is a sexual abuse of a 12-year-old-girl. This Inspector asserted that the husband must be responsible for numerous counts of sexual assault though the wedding is influenced by culture, ceremony or anything else. In accordance with Yeomans, the Family and Community Services Minister, Pru Goward recognized à ¢Ã¢â€š ¬Ã…“Whatever the cultural practice, whatever the religious practice, there is no law in Aus tralia above Australian law,. When accused, the man himself was shocked owing to claiming that there was nothing wrong in applying for guardianship as well as maintaining a sexual relationship with the girl who was his wife. At Burwood Local Court, the accused sat silently and participated into the first hearings with the assistance of an Arabic interpreter. During the judicial proceeding, the magistrate Christopher Longley formally refused the application of bail. Nonetheless, the accuseds lawyer claimed that his client expected to apply for bail in the next hearings (Wednesday, February 12). In the meantime, his young wife received the protection and supervision of Family and Community Services where she will stay until a permanent home is sought for her. Goward said that underage girls have the right to a carefree childhood without the sort of abuse in Australia. Nonetheless, she acknowledged a fact that there was a considerable quantity of illegal and unregistered marriages r elating to girls below the age of consent in NSW mainly in the west of Sydney and the Blue Mountains. Don’t waste time! Our writers will create an original "The Legal Age of Consent in Australia" essay for you Create order Analysis about legal issues of the age of consent in Australia The definition and purpose of designating age of consent under Australian legal system Pursuant to criminal laws in Australia, the age of consent is defined that the proper age from which a person possesses legal capacity to provide informed consent for sexual activities with another person. Under Australian jurisdictions, in the event of having sexual behaviors toward a person determined under the age of consent, an adult will be accused of child sexual abuse. The purpose of the granting of the age of consent in Australia is to ensure the protection of children and immature people against harms of sexual activity. Duff states that there were two primary harms, which need preventing to protect the young people, including exploitation (the use of a child for sexual acts), and endangerment (a child is forced to the dangers of sexual interaction prior to its maturity). An undeniable truth is that children and juvenile under the age of consent do not have enough sexual awareness and the emotional maturity to give consent to these acts in the same manner as adolescents . Therefore, regarding to sexual assaults responsibilities in each Australian state and territory, the age of consent plays a decisive role to determine whether a person commit child sexual assault or adult sexual assault. Eade points out that the crucial distinction between such offences is the criteria of determination .Particularly, determining adult sexual assault is entirely dependent on whether there is an existence of sexual consent of victims or not, while child sexual assault is based on legal requirements about age of consent instead of the issues of consent. In line with Eade, Barbaree Marshall explain that a child does not have the psychological and physically capacity to provide consent in conformity with law despite being willing to conduct sexual acts. This mean that the consent is irrelevant and all sexual intercourses between an adult and an immature person below the age of consent are considered as criminal offences in Australia. Under Australian law, the à ¢Ã ¢â€š ¬Ã…“age of consentà ¢Ã¢â€š ¬Ã‚  is referred in two provisions: First, according to Marriage Act 1961 (Cth), section 11, the age from which a person has right to consent for getting marriage without parental acceptance (18 years in all Australian jurisdictions) Second, the age from which a person are capable of consent to conducting sexual intercourse with another person under Criminal Acts of Australian jurisdictions The legal age of consent under Australia jurisdictions Although state and territory jurisdictions repeatedly attempt to achieve uniformity, considerable inconsistencies and variations are found in in the legal age for consensual sex in Australia. Specifically, in Tasmania and South Australia, Criminal Acts recognize that the age of consent for sexual interactions is 17 years old. Meanwhile, 16 years old is considered as the formal age of consent relating to child sexual assault offences in the Australian Capital Territory, New South Wales, Northern Territory, Victoria and Western Australia. Different from other states, Queensland is the only state drawing an obvious distinction between different types of sexual behaviors and the age of consent. To explain more fully, anal sex acts (described as sodomy in Criminal Code Act 1989) is legal from 18 years old, whereas the age of consent toward all other sexual interactions (determined as carnal knowledge) is 16 years old regardless of whether the sexual intercourse is heterosexual or homose xual. Currently, the Criminal Code (Cth) acknowledges that the age of consent is 16; however; it is only applied for the criminal engaging in sexual interactions with a child outside Australia. In fact, the Model Criminal Code does not impose uniformity and specify a particular age of consent in Australia. Notwithstanding this, the officers committees (Australian and NSW law reform commission) have recently recommended a general age of consent among jurisdictions and uniform within each stateà ¢Ã¢â€š ¬Ã¢â€ž ¢s criminal law for male and female or same sex interactions. They state that 16 years old may be set without any distinction regarding to gender, sexuality and other aspects. Under Australian state jurisdictions, a range of offences is provided relating to sexual activities conducted with a person below the age of consent, including sexual intercourse; forcing to have sexual intercourse; indecent acts; procuring a child to engage in unlawful sexual activities; and abducting a child for the purpose of conducting illegal sexual activities. Typically, sexual assaults and abuse offences against the immature people are generally expressed and classified in respect of the victimà ¢Ã¢â€š ¬Ã¢â€ž ¢s age. Particularly, under Australian criminal laws, there are offences against young children (under 10, 12 or 13 year-old people) and offences against older children (people below the age of 16 and 17 years old).The objective of this classification is to reflect the seriousness of these offences against the immature people. Therefore, the penalties of offences against the younger children are certainly heavier than those against the older. For instance, in NSW, there are obvious differences in punishments attached to these offences such as where the child is below the age of 10 years (25 years imprisonment); between 10 and 14 years old (16 years imprisonment); and between 14 and 16 years old (10 years imprisonment). In some jurisdictions, consent by a person who is under the age of consent to sexual activity is excluded from operating as a defence to sexual offence charges, regardless of any similarity in age between the victim and the accused.[66] However, many jurisdictions recognise that consent may play a role in such situations, and consequently there are a range of statutory formulations involving consensual sexual activity between young people under the age of consent but similar in age.[67]For example, in Victoria, consent may be a defence to the offence of sexual penetration or an indecent act where the victim is aged 12 years and over and the accused is not more than two years older than the victim.[68]In South Australia similarity in age is recognised as a defence where the victim is over the age of 16 years and the accused is under the age of 17 years.[69] In Tasmania, consent is a defence, except in relation to anal sexual intercourse, where the victim is aged 15 years and over and the defendant is not more than five years old er, or where the victim is aged 12 years or over and the defendant is not more than three years older.[70] If a person is accused of engaging in sexual behaviour with someone under the legal age, there are various statutory defences available, which are outlined in legislation. While legislation varies in each state and territory, in general two types of defences are available (Cameron, 2007). The first type relates to whether the accused believed on reasonable grounds that the person with whom they engaged in sexual behaviour was above the legal age of consent. All jurisdictions (except New South Wales) have provisions for this defence in legislation; however, several variations exist regarding restrictions on the use of the defence according to the age of the alleged victim. The defence cannot be used if the victim was 10 years or younger at the time of the alleged offence in the Australian Capital Territory, 12 years or younger in Queensland and Victoria, 13 years or younger i n Western Australia, and 16 years or younger in South AustraliaThe second statutory defence relates to situations in which the two people are close in age. In Victoria and the Australian Capital Territory, engaging in sexual behaviour under the legal age can be defended if the defendant was not more than 2 years older, in WA no more than 3 years older, than the person against whom the offence is alleged to have been committed. In Tasmania it is a defence if the child is 15 years of age and that the accused person was not more than 5 years older than the child, or if the child is above 12 years of age and the accused person is not more than 3 years older than the child. Details for other states can be found inTable 1.In Victoria and WA there is legal provision for defence if the accused can demonstrate they are lawfully married to the child. Comparison with Vietnamese legal system

Causes and Effects of the Civil War Essay - 744 Words

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The Desires Of Being Rich - 1118 Words

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The Price Discrimination Of Amazon - 1303 Words

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Desiree s Baby By Kate Chopin - 999 Words

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The last sentence of paragraph seventeen describes his face as â€Å"dark and handsome†, which means that he isn’t extremely light. Perhaps he can pass for very tanned since living in Louisiana meant that he is in the sun often, or since he lived in Europe, he might have been described as olive-skinned in complexion by others. Secondly, when Dà ©sirà ©e finally confronts Armand on the skin tone of the baby, she compares herself to Armand after he accuses her of not being white. Dà ©sirà ©e claims, â€Å"Look at my hand; whiter than yours, Armand,† in paragraph twenty-five as an attempt to prove to Armand that she is white. This evidence shows that Armand isShow MoreRelatedDesiree s Baby By Kate Chopin1419 Words   |  6 PagesIn Kate Chopin’s story, â€Å"Desiree’s Baby,† written during the 19th century, Desiree is concerned that her child is of a distinct racial background. Her spouse, Armand, blames and accuses her of being half African-American. 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We see all of this and more in â€Å"Dà ©sirà ©e’s Baby†. One of the characters, Monsieur Valmonde finds an abandoned baby one day while out riding. His wife, Madam Valmonde, does not have a child of her own so she takes theRead MoreAn Analysis Of Kate Chopin s Desiree s Baby Essay1067 Words   |  5 Pages Kate Chopin life and her short story Dà ©sirà ©e’s Baby Chopin was an American novelist and she also wrote many short stories. Chopin was a feminist pioneer movement on American literature and the world. Chopin was born in St. Louis Missouri on February 8, 1850. Her father was an Irish immigrant who was a very successful businessman. Chopin father died when she was a little girl. For that reason, she grew up with her mother and grandmother since she was a child. 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As Desiree and Armand both originally associate themselves with the white class, once the plot unveils their black heritage they are faced with uncertainty, and ultimately their lives become meaninglessRead MoreAn Analysis Of Kate Chopin s Desiree s Baby 1705 Words   |  7 Pagesand published in 1893, Kate Chopin’s work â€Å"Desiree’s Baby† is a short story about miscegenation within a French family living in Louisiana in the late nineteenth century. Miscegenation is defined as the mixture of different racial groups, through marriage or cohabitation, between a white race and a member of another race. Chopin writes this piece of realistic fiction which exposes the issues of society that woul d not be faced until many years after her death. â€Å"Desiree’s Baby† revolves around two mainRead MoreKate Chopin s The Locket And Desiree s Baby1575 Words   |  7 Pages Kate Chopin’s â€Å"The Locket† and â€Å"Desiree’s Baby† are two stories where heart-rending news changed main characters lives. In the beginning of the both stories love between couples is described. Desiree is happy being wife and mother to newborn male baby while in the Locket Edmond is constantly thinking about his sweetheart Octavie. Both stories touch different sides of love, which appears fortunate in the Locket, but destructive in Desiree s Baby. In â€Å"Desiree’s Baby†, Armand begins distancingRead MoreDesiree s Baby, By Kate Chopin888 Words   |  4 PagesIn Kate Chopin’s short story, Desiree’s Baby, she tells the story through the eyes of the characters. This story is told in the omniscient point of view. The omniscient point of view means that the storyteller knows all of the thoughts and emotions of all the characters throughout the story. In the nineteenth century there was a lot of racial discrimination ag ainst African-Americans. The protagonist is Desiree; she is formed throughout the many situations in the short story. She is fought by the

Financial Foundation for Managers Café+ coffee shop

Question: Describe about Assumptions, Budget and Expected Profit and loss statement for the Cafe+? Answer: 1. Introduction Caf+ will be located charlotte street, Brisbane, Queensland. Coffee shop business is one of the bumming industries in Australia because of the rise in the demand of the quality coffee and gourmet at value price. The caf will be owned by the sole proprietor with several year of experience. The caf + will be open for business from Sunday to Saturday 7-10pm (Augenti, 2010). The caf+ will b serving the various types of coffee, teas along with the pastry, muffins, breads, cookies and rolls. The entire bakery stuff will be supplied daily by the local farmers. Caf+ will have exposure from food to beverages especially in the current locations. Although there are number of Caf house for the present in the Brisbane but lack of quality of coffee and price are some of the major opportunity which helps the business caf+ to grow in the Queensland market (Baligh, 2007). 2. Assumptions Mission To satisfy the customer needs for high quality coffee along with delicious and nutritious meals Excellent service with high degree of unique and fresh products served Comfortable and relaxing environment for relaxing and enjoying the latte and pastries in town. Caf+ will be looking to earn the profit to increase the employee satisfaction while providing stable return. Employees of the Caf+ will be treated fairly with salary and the other major facilities. People of all ages and backgrounds will be welcomed and enjoy the cuppa with family and friends. Objectives To become one of the bets coffee shop in the Brisbane in compare to its competitors. Turn the profit from first month of the operations Achieve the high market share within the 1st Increase the number of the customers by 32% every year Undertaking more aggressive marketing and promotions Improving the cost control by reducing the operational wastage (Barringer, 2010). Maintaining the same price level by creating the unique, upscale, innovative environment that will differentiate from the local coffee houses. The environment will have affordable access to the resources of the internet and other facilities within the caf +. Maintain 45% gross profit every month (Barney, 2009). Key success factors Design of the store will be both visually attractive and designed for the quick operations in order create high brand value. Training given to the employee to ensure the best coffee preparations techniques Marketing strategies aim to build solid base of loyal customers as well as maximizing the sales Varieties of coffee to tea to soft drinks along with free Wi-Fi that is not available with existing competitors (Barrow, 2011). Creation of unique and innovative form of atmosphere which will differentiate Caf+ with others Establish the Caf+ club for socializations and entrainment. Varieties within the gourmet like muffins, Choc lava, to fruit cake and smoothies which will create niche market for the caf+ among the competitors (Clarke, 2010). Assumption The Brisbane market for the coffee shop is been one of the major strength for the business. Most of the population in Brisbane has been habituated to do their breakfast at the coffee shop. The caf+ will be selling the cup of the coffee at value pricing as per the customer orders (Drummond et al. 2012). The caf+ will be selling espresso drinks , brewed coffee and teas as well as some of the major refreshments beverages along with varieties of the gourmet which is not been sold by the other members. The total capital invested for the caf + will be 209,810 that will be break down cost for the monthly expense of 187,300 out of which 22,510 was paid in the advance. One of the major marketing objectives is to maintain the sales of 536,650 for the 1st year and achieve the more than 35% of Brisbane market shares within the 12 months are some of the major marketing objectives for the company. The product will less costly and will be convenient place for the customer to eat healthy and live healthy (Jackson et al. 2008). Some of the other products which are sold by the Caf+ are Green tea, Tulsi tea and cardamom tea along with organic form of gourmet which will be increasing the market share of the company in the current business market. Value propositions Features Benefits Unique Environment of caf + Comfortable and relax along facilities of Wi-Fi Yes Quality of coffee and tea Refreshing and fresh Nm Variety of coffee tea, gourmet and meals Lots of options of the customers No Fresh and organic meals Health and well being Yes Chef High quality meals and espresso and tea Yes Desserts and cakes Complimentary with coffee and meals No 3. Budget ANNUAL SALES FORECAST for Caf+ Sales Forecast AUD $ 2015 AUD $ 2016 AUD $ 2017 Products Coffee beverages 350,400 385,440 423984 Tea and other beverages 87,600 96360 105,966 Gourmet etc 146,000 160,600 176,660 total sales 584,000 642,400 706,610 Direct cost of sales Coffee beverages 87,600 96360 105,996 Tea and other beverages 43,800 48,180 52,998 Pastries 73,000 80,300 88,330 subtotal direct cost 204,400 224,840 247,324 Fixed cost Fixed Cost for Caf + Equipment Amount ($AUD) Espresso Machine 6000 Coffee Maker 900 Coffee Grinder 200 Food service equipment 18000 Storage 3720 Counter Area Equipment 9500 serving Area Equipment 3000 Bookkeeping register 13,750 Office equipment 3600 Miscellaneous Expenses 500 Total usage of the equipment for 300 days (Excluding national holidays) Personnel plan Employees AUD $ 2015 AUD $ 2016 AUD $ 2017 Managers 35000 37800 40824 Employee (3 waiters, 2 dishwashers, 2 security guard 1 book keeper accountants 50,000 (6000*4=24000) (2500*2= 5000) (3000*2=6000) 5000 10,000 54000 58320 Chef 39600 52000 56000 Total people 10 11 13 Total payroll 124,600 143,800 155,144 Note : Working on the 3000 days as per the flexible working timings from (7am to 9pm ) every days ( except on national holidays) Although the managers and owns are experience in the chosen industry but some of the major employee are required which will help to garb the opportunity to manage the caf+ (Kaufman, 2010). Most of the personnel plans are very much required to control and develop the business objectives to achieve. With the help of flexible work timings and changing shift will help the business to manage and control the business (Rhyne, 2009). Market segment Segmentation bases Target customers segment of Fast food industry Geographic Region Queens land, Brisbane Density Rural and Urban (1.23 million) Age All age category Gender Male, females and others Income High ,Low and middle income groups Occupation Employees and professionals Demographic Social status Working class, middle class and higher class Family size Single, nuclear, joint family Psychographic Lifestyle Traditional and moderns Occasions Regular and other Festive seasons Behavioural Benefits Price advantages and diversify products under one roof. Occasions Parties, Birthdays, anniversary and festive season along with normal days Sources of funds From the above, it has been found that, both the partners will be investing 50,0000 each in order to on the business . The rest of $345000 is been arranged by the debt financing. Debt financing is one of the prominent ways of financing the business (Farrell, 2007). However, with large interest rates make it more riskier and dangerous. Apart from that, next options will be equity financing which has been which will not be easily available for the business because of new entrepreneur. It is less risky than the debt but company has to share with profit with the general share holders (Germain et al. 2008). 4. Expected Profit and loss statement for the Caf+ Assumptions Particulars 2015 2016 2017 Current interest rates 10% 10% 10% Long term interest rates 10% 10% 10% Tax rates 25.43% 25% 25.50% Project profit and loss statements Income statement for the Caf+ for the year 2015-17 Particulars AUD $ 2015 AUD $ 2016 AUD $ 2017 Sales 584,000 642,400 706,640 Direct cost (Raw materials and equipments) 204,400 224,840 247,324 Gross profit 379600 417,560 459,316 Expenditure Salary 124600 143,800 155,144 Sales and marketing expenditure 25,800 27,600 31,000 Depreciations 5400 5500 5500 Rent 48400 52800 52800 Lease rent 6000 6000 6000 Maintenance 5840 6424 7066 Phone and register 9000 9500 10000 Total operating expenses 243,730 273,194 290782 PBIT 135,870 273,194 290,782 EBDITA 141,270 1443660 168,534 Interest expense 2821 2326 1618 Tax incurred 33740 35,510 42,424 Net profit 99,308 106530 124,491 Net sales 17% 16.58% 17.62% Sales forecast for the year 2015 Sales month 1 month 2 month 3 month 4 month 5 month 6 month 7 month 8 month 9 month 10 month 11 month 12 Sales Coffee beverages 24000 27000 28800 28800 28800 28800 28800 28800 29400 31200 33000 33000 Tea and other beverages 6000 6750 7200 7200 7200 7200 7200 7200 7350 7800 8250 8250 Gourmet etc 10000 11250 12000 12000 12000 12000 12000 12000 12250 13000 13750 13750 total sales 40000 45000 48000 48000 48000 48000 48000 48000 49000 52000 55000 55000 direct cost Coffee bevergaes 6000 6750 7200 7200 7200 7200 7200 7200 7350 7800 8250 8250 Tea and other beverages 3000 3375 3600 3600 3600 3600 3600 3600 3675 3900 4125 4125 Pastries 5000 5625 6000 6000 6000 6000 6000 6000 6125 6500 6875 6875 subtotal direct cost 14000 15750 16800 16800 16800 16800 16800 16800 17150 18200 19250 19250 Profit and loss statements for the Caf+ Profit and Loss Statement for the year 2015 month 1 month 2 month 3 month 4 month 5 month 6 month 7 month 8 month 9 month 10 month 11 month 12 Sales 40000 45000 48000 48000 48000 48000 48000 48000 49000 52000 55000 55000 Direct cost 14000 15750 16800 16800 16800 16800 16800 16800 17150 18200 19250 19250 Gross profit 26000 29250 31200 31200 31200 31200 31200 31200 31850 33800 35750 35750 Expenditure Salary 10383 10383 10383 10383 10383 10383 10383 10383 10383 10383 10383 10383 Sales and marketing expenditure 2150 2150 2150 2150 2150 2150 2150 2150 2150 2150 2150 2150 Depreciations 450 450 450 450 450 450 450 450 450 450 450 450 Rent 0 4400 4400 4400 4400 4400 4400 4400 4400 4400 4400 4400 Lease rent 500 500 500 500 500 500 500 500 500 500 500 500 Maintenance 400 450 480 480 480 480 480 480 490 520 550 550 Pay roll taxes 1558 1558 1558 1558 1558 1558 1558 1558 1558 1558 1558 1558 Phone and register and WIFI 750 750 750 750 750 750 750 750 750 750 750 750 Total operating expenses 16191 20641 20671 20671 20671 20671 20671 20671 20681 20711 20741 20741 PBIT 9809 8609 10529 10529 10529 10529 10529 10529 11169 13089 15009 15009 EBDITA 10259 9059 10979 10979 10979 10979 10979 10979 11169 13089 15009 15009 Interest expense 248 245 243 241 239 236 234 232 232 229 227 225 Tax incurred 2868 2091 2572 2572 2573 2574 2574 2735 3216 3696 3696 3696 Net profit 6693 6273 7715 7716 7718 7720 7721 7723 8205 9647 11088 11090 Expected cash flow Cash Flow for the year 2015 , Caf+ Particulars month 1 month 2 month 3 month 4 month 5 month 6 month 7 month 8 month 9 month 10 month 11 month 12 cash sales 40000 45000 48000 48000 48000 48000 48000 48000 49000 52000 55000 55000 Sales tax 0 0 0 0 0 0 0 0 0 0 0 0 long term liabilities 0 0 0 0 0 0 0 0 0 0 0 0 total 40000 45000 48000 48000 48000 48000 48000 48000 49000 52000 55000 55000 Cash spending 10383 10383 10383 10383 10383 10383 10383 10383 10383 10383 10383 10383 Bill payments 728 22112 30569 29450 29449 29447 29447 29445 29474 30424 32727 34199 total Spent on operations 11,112 32,496 40228 40952 39834 39832 39830 39829 39857 40808 43110 4458 Repayment of loan 275 275 275 275 275 275 275 275 275 275 275 275 total cash spent 11387 32771 40503 41227 40109 40107 40105 40104 40132 41083 43385 44853 net cash flow 28613 12229 7497 6773 7891 7893 7895 7896 8868 10917 11615 10417 cash balance 95736 107966 115462 122235 130127 138020 145914 153811 162679 173596 185211 195,358 Expected Balance Sheet for Caf+ for 2015 Balance Sheet for Caf + for the Year 2015 Particulars month 1 month 2 month 3 month 4 month 5 month 6 month 7 month 8 month 9 month 10 month 11 month 12 Asset Current Asset cash 95736 107966 15,462 122,235 130,127 138,020 145,914 153,811 162,679 173,596 185,211 195,358 Inventory 15400 17325 18480 18480 18480 18480 18480 18480 18865 20020 21175 21175 total current asset 83150 111136 125291 133942 140,715 148607 156500 164,394 172291 181544 193616 206386 long term asset 59170 59170 59170 59170 59170 59170 59170 59170 59170 59170 59170 59170 depreciation 450 900 1350 1800 2,250 2700 3150 3,600 4050 4500 4950 5400 total long term asset 58720 58270 27820 57370 56920 56470 56020 55570 55120 54670 54220 53770 total asset 169856 183561 191762 198085 205,527 212970 220414 227,861 236664 248,286 260606 270,303 liabilities current Liabilities accounts payables 21118 28825 29587 28469 28465 28464 28462 29335 31586 33092 31974 31974 current borrowing 9725 9450 9175 8900 8625 8350 8075 7800 7525 7250 6975 6700 total current liabilities 30843 38275 38762 37369 37092 36815 36539 36262 36800 38836 40067 38674 long term liabilities 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 paid up capital 140000 140000 140000 140000 140000 140000 140000 140000 140000 140000 140000 140000 earning from selling of ownership -27680 -27680 -27680 -27680 -27680 -27680 -27680 -27680 -27680 -27680 -27680 -27680 Total capital 119013 125286 133000 140717 148435 156154 163876 171599 179804 189450 200538 211628 total liabilities 169856 183561 191762 198085 205527 212970 220414 227861 236664 248286 260606 270303 net worth 119013 125286 133000 140717 148435 156154 163876 171599 179804 189450 200538 211628 Ratios Ratios Profitability ratios month 1 month 2 month 3 month 4 month 5 month 6 month 7 month 8 month 9 month 10 month 11 month 12 Current ratios 2.70 2.90 3.23 3.58 3.79 4.04 4.3 4.53 4.68 4.67 4.83 5.34 Current asset/current Liabilities Gross profit margin ratio 0.65 0.65 0.65 0.65 0.65 0.65 0.65 0.65 0.65 0.65 0.65 0.65 (gross profit*100)/sales ROA ratio 0.060 0.049 0.057 0.055 0.053 0.052 0.050 0.048 0.047 0.053 0.058 0.056 (EBIT*100)/total asset ROCE 5.51 4.80 4.95 5.30 5.54 5.78 6.03 6.28 6.43 6.39 6.50 6.99 Total asset/current liabilities Expense ratio 0.98 0.9 0.94 0.94 0.94 0.94 0.94 0.94 0.95 0.98 0.98 0.98 (expenditure/revenue) From the above financial feasibility, it has been found that, current ratio for the business is been adequate enough to handle the their operation which is to manage the employee pay roll and the manage the short term purchasing for the company which coffee beans, gourmet raw materials and the various napkins and the utensils for the business (Germain et al. 2008). The Current Ratio and the Quick Ratio (Acid Test) are both very high reflecting the fact that the business has a very strong and positive cash flow. This is due to sales being predominantly cash, whilst purchases are bought on largely on 30 day terms. Liquidity is sound. The current ratio of the company is there has been numerous occasion where the companies are looking to spend on the advertisement which will help the company to gather the large customer base of the Brisbane Australia (Glynett, 2012). After the ROCE of the company is for the first is more than 5 which shows that company has invested in the right areas for the owners of the company. The ROCE depicts the return on capital employed which has been one of the most important parts of the business ratios to understand whether or not company is bale to invest in the right areas (Morris et al. 2011). Apart from that, ROA of the company for the 2015 is very much depicts that company is able to manage and control asset as per the company development. ROA is been one of the major areas for the business which will give an insight for the valuation of asset. Expenditure ratio of the company is very much able to higher which shows that company is able to manage and control the revenue for the company. Besides that, gross profit margin of the company is higher than the expectation which is 0.65 (Godsmark et al. 2009). The ratio for the caf+ shows that company has enough cash and asst to manage its expenditure in the long run for the company. Conclusion From the above, it has been found that, the study, the research project highlights the relationship existent between the business plan and resources. The entire discussion on the selected topic centers round the aspect of understanding of the business and the financial feasibility which will helps to give an insight for whether the company is able to create the profitability with current business trend or not . As observed from the primary research, impact of financial feasibility is no doubt shows the positive aspect for the current business process. The study of the chapter described the response of expected financial plan which helps to gather the information to explain whether t or not the business is profitable . With help of cash flow , it has been found that company has enough cash to maintain the operation of the company. Apart from that, with help of income statement, it shows company ahs to investment 500, 00 of investment which will give the company enough scope to manage and control the expenditure and income. Lastly, balance of the caf+ very much help to understand whether the company is has asst like land and building and the equipment which the company ahs top purchase for the sake of the running the business. With the help of ratio analysis , it has been found that company ROCE is higher rather than what is was expected , therefore the business is very much financially feasible. Lastly, with the help of budgeted financial statements like profit and loss statement and the balance sheet would help to analyses the potential net return on investment of the ownership along with total expenditure. Reference list Books Augenti, L. (2010) How to Start a Home-Based Personal Trainer Business, 4th ed. London: Palgrave Macmillan. Baligh, H. H. (2007) Organization Structures: Theory and Design, Analysis and Prescription, 5th ed. Heidelberg, New York: Springer Verlag. Barney, J. B. (2009) 'Strategic factor markets: Expectations, luck, and business strategy, Management Science 32(1), pp. 1231-1241 Barringer, B. (2010) Managing Your New Business' Finances, 4th ed. New Jersey: Person Education Barrow, C. (2011) Practical Financial Management: A Guide to Business planning and budgeting, 8th ed. London: Kogan Page Limited Clarke, G. (2010) Business Start Up and Future Planning, Bringhton: Emerald Publishing Drummond, G., Ensor, J. and Ashford, R. (2012) Strategic Marketing: Planning and Control, 4th ed. London: Palgrave Macmillan. Jackson, S. R., Sawyers, R. B. And Jenkins, G. (2008) Managerial Accounting: A Focus on Ethical Decision Making, 5th ed. London: Chapman and Hall. Kaufman, R., (2010). Strategic planning for success, 5th ed. London: Routledge. Journals Farrell, M.A. (2007) The effect of a market-oriented organisational culture on sales-force behaviour and attitudes. Journal of Strategic Marketing, 13(4), 261 273 Germain, R., Claycomb, C. and Droge, C. (2008) Supply chain variability, organizational structure and performance: the moderating effect of demand unpredictability. Journal of operations management, 26, 557-570 Glynett, D. (2012) How to Start a Gym Business, 5th ed. London: Prentice Hall. Godsmark, E., Arduser, L. and Brown, D. R. (2009) How to Open a Financially Successful Coffee, Espresso Tea Shop - Page 17, 4th ed. Germany: Grin Verlag. Goksoy, A., and Ozsoy, B., (2007). Business Process Reengineering: Strategic Tool for Managing Organizational Change an Application in a Multinational Company. International Journal of Business and Management, 22: 256-264. Morris, M., Schindehutte, M. and Allen, J. (2011) The entrepreneurs business model: Toward a unified perspective. Journal of Business Research, 58: 726-735. Rhyne, L. C. (2009) The relationship of strategic planning to financial performance, Strategic Management Journal, 4, 319-337

Babe Ruth 2 Essay Research Paper BABE free essay sample

Babe Ruth 2 Essay, Research Paper BABE RUTH Babe Ruth is an American hero. He transformed baseball from a athletics, to a national interest when it needed it the most. Coming off of the aftermath of the Black Socks dirt, baseball was headed downhill. It had a bad repute, and involvement was declining. The dead-ball epoch was dragging on, and at that place were to few baseball # 8220 ; purists # 8221 ; left to back up it. Baseball was in hunt of a new audience, and Babe Ruth handed it to them on a Ag platter. Babe Ruth started the Home tally epoch of baseball. In the dead-ball tonss of 2-1 1-0 was the norm. With the coming of the Home tally epoch, games that averaged 1-2 tallies an frame were common. What one time took a twosome hits, walks, and a stolen base to carry through were being done with the individual swing of a chiropteran. Baseball was now much more gratifying to watch. Then with the innovation of the wireless, 1000000s of people enjoyed listening to it. George Herman Ruth was born in the early 1890 # 8217 ; s to a twosome of German immigrants who ran a local saloon. His parents had there manus # 8217 ; s full with the saloon, and had really small clip to be given to immature George. His problem devising, and deficiency of clip on his parents portion finally landed him in St. Mary # 8217 ; s Boys school. It was here that he met the adult male who Babe claimed to be the greatest adult male who of all time lived, Brother Mathias. Brother Mathias was the 1 who handed Babe his penalties, and it was Babe who ever touted his strong, yet caring manus that led him to baseball. It was besides at St. Mary # 8217 ; s that Babe started his life of giving. He would salvage up his money from his occupation in the Tailor store and frequently spend it on big sums of confect to give off to the small male child at St. Mary who were hapless, or orphans. Brother Mathias was the 1 who introduced Babe to baseball, as a recreational game to play during the spring. It wasn # 8217 ; t long until Babe was the merely 13 twelvemonth old playing on the 16 old ages and older squad. First as a backstop, so subsequently as a Pitcher. It was here that he foremost established a art for hitting. His long place tallies would go forth local audiences speechless. It was his pitching, nevertheless that landed him his first professional occupation. Jack Dunn of the so minor conference Baltimore Orioles signed him at the immature age of 17. He played a few old ages for the Orioles, until Dunn sold him to the Boston Red Sox. Babe pitched good, eventually interrupting into the Red Sox get downing rotary motion in 1918. Then the Red Sox ran into some difficult fortune, and in hunt of money sold him for the so immense sum of money, 125,000. It is frequently said that New York and Babe Ruth were made for one another, and by the manner Babe took New York by storm, it is difficult to challenge the stating. He took an instant liking to the large metropolis, basking bars, dance nines and people in general. It was in New York that Babe started Thursday e long ball game. In the early twenty’s Babe’s place tally sums normally eclipsed that of any other TEAM in baseball. After a few old ages nevertheless, people began to model there swing after baby, and reasonably shortly each squad had their ain place tally experts. The roar in tally marking besides equated to a roar in attending and gross. It wasn’t long until Babe started to hard currency in on this, with his salary shortly exceling that of so President Grover Cleveland. In a Characteristic Ruth comment, Babe Responded â€Å"Why non I had a better twelvemonth than him! † When asked by a newsman if he should be doing more money than the president. Babe # 8217 ; s manner of life was Characteristic of the clip period, The Free willing 20 # 8217 ; s. Babe frequented speakeasies ( a topographic point to acquire illegal intoxicant during the prohibition. He was frequently at odds with his squads director, proprietor, and even constabularies. This was Characteristic of the Rebellious 20 # 8217 ; s. He would frequently weasel his manner out of rushing tickets by offering a signed baseball if the officer let him travel. The Yankee # 8217 ; s proprietor was frequently loath to suspend Ruth, cognizing the negative consequence it would hold on his squad # 8217 ; s public presentation. In this peculiar Biography, the writer # 8217 ; s purpose is to supply the most elaborate, in depth Biography on Ruth of all time. That he does, in consummate histories of Babe # 8217 ; s most epic Games, and World series. Even his personal life is told in great item and truth. Controversies such as Babe # 8217 ; s existent day of the month of birth are presented, debated, so concluded with the writers sentiment. I choose this book because I am fascinated by Babe Ruth. I have read many lifes on him, and this is by far the most in deepness and elaborate. I truly admire Babe # 8217 ; s love for life, and people. He gave to those less fortunate, and did everything in his power to do certain he enjoyed his life to the fullest. Sometimes that meant flexing a few regulations, and even Torahs, but Babe realized you merely acquire one cleft at life, and he made it worth it. In all the lifes I have read before, I did non cognize Babe made an unsuccessful command to be a director. It was inside informations like this, and many more that made this book really interesting. This book didn # 8217 ; t truly alter my position on Babe, it merely broadened my skyline as to the many facets of his life and calling in the major conferences. I would non nevertheless urge this book to person merely looking to larn a small about this American icon. There are many books that would make this in far fewer pages, and most would likely see this book tiring with it # 8217 ; s many small narrative # 8217 ; s it delves into with great item. However for the baseball partisan who has clip on his custodies, or for person who merely can # 8217 ; t acquire adequate of Babe Ruth ; I strongly recommend this book as the most enlightening piece of work on the Greatest Baseball Player to hold walked the Earth, George Herman ( Babe ) Ruth.