Tuesday, December 31, 2019
The Drug Of Drug Addiction Essay - 1270 Words
Watching my older brother struggle with drug addiction has taught me more in my life than anything else. He was a smart kid with a good head on his shoulders. As he grew older he made some unwise choices with regard to substance abuse that quickly turned into a full blown addiction lasting over five years and landed him in and out of four different rehabs. He was striving to get clean, but every time he took one step forward he fell three steps back. Taylor entered Drug Court, after finding himself in a lot of trouble with the law, due to drug related incidents. Drug Court is a state run program offered to non-violent felony offenders suffering from the disease of addiction. If you successfully complete the 3-5-year program, charges can be expunged immediately. But if you fail to complete the program, your alternative sentence is state prison for the maximum term of your sentence. As Taylor took this opportunity, he knew he had to be fully committed to his recovery or he would be faced with a 10-year prison sentence. Commitment was not a problem; his life started to change for the better. He started his own landscaping business, fell in love with a girl and seemed to be heading down the right road. But as many do not understand, heroin retains such a ferocious grip on brain cells that relapses are part of the recovery process. Though Taylor had every intention of getting clean, he struggled and he relapsed on more than one occasion. The 10-year prison sentenceShow MoreRelatedDrug Addiction : Drugs And Drugs1017 Words à |à 5 Pages In todayââ¬â¢s society, it is now normal to know somebody who has a drug addiction especially to opiates. A drug addiction is a mental disorder that the person can no longer control their actions. The person addicted to the drug will no longer care about the outcome of their actions as long as they can get that high they are seeking. **from textbook pg. 303** ââ¬Å"Opioids are classified as narcotics- strongly addi ctive drugs that have pain relieving and sleep-inducing properties. Opioids include both naturallyRead MoreDrug Addiction : Drugs And Drugs Essay744 Words à |à 3 PagesWhen people first hear the word drug, they think of illicit drugs such as cocaine and methamphetamine. They also think about the user and sometimes why they use. One thing that is overlooked by the public is the treatment programs that are available to drug users. There is a stigma in our society around drug use that is very negative. Many believe that people that do drugs do them just to do them and even if this is true in some cases, no one wakes up one morning and decides that today is the dayRead MoreDrug Addiction : Drugs And Drugs1599 Words à |à 7 PagesDrug Addiction Drugs is one of the biggest problems that the world has. It is everywhere in the world and it is one of the most common problems that the government wants to overcome. Many people have become addicted and thatââ¬â¢s one of the many causes why many of the drug addicts lose their families. Having an addiction takes time to control within yourself. There are centers of rehabilitation that are very helpful and could show how to overcome a drug addiction. Getting help from others can by helpfulRead MoreDrug Addiction : Drugs And Drugs1363 Words à |à 6 PagesDrug Addiction According to National Institute on Drug Abuse, iIn 2013, a survey reported that an estimated 24.6 million Americans aged 12 or older had used an illegal drug in the past month. The first time someone uses a drug, it is usually voluntary. This first use is usually to mask certain emotions that they are currently going through. Repeated use can lead to changes in the brain that challenge an addictââ¬â¢s self control and interfere with their ability to resist the temptation of a drug, thisRead MoreDrug Addiction and Drugs1219 Words à |à 5 PagesDrugs Addiction Miami Beach Senior High Ashley Gonzalez Ms. Cooper/Mr.Sussman English II-Period Three 06 March 2013 Drugs Addiction Topic and Thesis Statement Miami Beach Senior High Topic: Drugs Thesis Statement: In an examination of drugs I will discuss causes of this disease/or social dilemma. I will also discuss the effect of drugs on individuals, families and society. Read MoreThe Drug Of Drug Addiction2146 Words à |à 9 PagesCounty realized that simply sending drug addicted offenders to prison often meant these same faces would reappear back in court shortly after being released on parole. They realized that the drug addiction crisis in their community might be the cause. These professionals attempted to figure out a way to treat this individuals in order to help them rejoin society instead of being stuck in a cycle of reoffending. They worked together to establish the first Drug Treatment Court. This program was theRead MoreThe Drug Of Drug Addiction1932 Words à |à 8 PagesDrug Addiction is a problem all around the world that affects families, friends and strangers. It all starts with one puff, snort or drink. There are several different drugs in the world that have affected people with drug abuse. There are two different common drug abuses. Long and Short term drug abuse. There are also many different drugs. Pain Pills are a very common drug that is used in society these days. Most pain pill drug addictions are long term. A long term drug addiction can put a varietyRead MoreDrug Addiction : Drugs And Heroin Addiction1130 Words à |à 5 PagesThe arguments for whether or not to prescribe heroin to treat heroin addictions are controversial. Henden and Baeroe (2015) state both sides of the arguments being that some believe ââ¬Å"it is in the nature of heroin addiction for individuals to lose their ability to resist their desire for heroin,â⬠which knowing the nature of chemical dependency, heroin addicts would not refuse any heroin, so it still possibly an invalid consent to research participation as they did not have a free choice to reallyRead MoreDrug Addiction : Drugs And Drug Abuse Essay1615 Words à |à 7 Pages this drug is extremely addictive and has been illegal in the United States for many years. Although many individuals seem to discover a way to obtain this very lethal drug. Even though, heroin is highly addictive and used by choice by an individual with a drug addiction; the number of deaths from Heroin is escalating daily, to the point where more than 26 overdoses in one day maybe even more. This epidemic needs to be put to a halt. Despite the fact the focus was on prescription addiction increaseRead MoreDrug Abuse And Drug Addiction1257 Words à |à 6 Pages Drugs had been existing since the early 15th century and society has confronted drug abuse and addiction ever since. In the modern world, drug abuse has become a problem for many individuals do to traumatic experiences, mental disorders, peer pressure and personal problems. For every addiction there is always a solution, professional assistance can help a drug addict get control of his/her life once again. Drug rehabilitation programs can be essential for drug addicts only if the victims are committed
Monday, December 23, 2019
Euthanasia Should Be An Option - 1098 Words
Everybody dies; itââ¬â¢s a natural cycle of life. Some deaths can be good while others are bad, but everyone wants to die a peaceful and painless death. For some of those dying of a terminal illness, a peaceful death isnââ¬â¢t an option. These dying people should get to decide how they want to end their life; it should not get chosen for them. They are the only ones living their life and experiencing their accomplishments and downfalls. To have someone choose how they should die can make their life seem pointless. If they have a decision on the matter of their life, they should get to choose how it ends. For the terminally ill, euthanasia should be an option in the United States. According to the American Journal of Psychiatry, the terminally ill patients who asked to die suffered from depression. This is treatable through therapy and medication, which makes euthanasia a bad option (Oââ¬â¢Steen). This makes euthanasia similar to suicide, to some people. Why should we help them die when we can cure them and make their life better? Euthanasia is not suicide; it is the act of painlessly killing a patient suffering from an incurable and painful disease and is not as similar to suicide as some people may think (NHS Choices). For instance, people who are suicidal still have a lot to look forward to. There is hope for the suicidal through medication. Antidepressants can help a suicidal person feel better, and medication often balances their brains. Suicidal people also have family and friendsShow MoreRelated Euthanasia Should Be A Legal Option Essay3416 Words à |à 14 Pages Euthanasia is a controversial subject, not only because there are many different moral dilemmas associated with it, but also in what constitutes its definition. At the extreme ends of disagreement, advocates say euthanasia, also known as physician aid in dying, is a good or merciful death. Opponents of euthanasia say its a fancy word for murder. There are reasons that would make a person lean toward the side of euthanasia, and there are also reasons that would turn someone away fromRead MoreArgumentative Speech Outline : Legalization Of Euthanasia1379 Words à |à 6 PagesArgumentative Speech Outline: Legalization of Euthanasia Lexie Phongthai-Yochum Topic: Legalizing Euthanasia General Purpose: To argue Specific Purpose: To argue that euthanasia should be made available for terminal patients to end their suffering. Thesis Statement: Euthanasia should be made legal for terminal patients to end their suffering because 1) people should have the right to choose, 2) it helps save lives through organ donation, and 3) it can be regulated. Introduction According toRead MoreEuthanasia And Assisted Suicide Are Legal1506 Words à |à 7 PagesGive an Option to Those Who Have None Imagine your beloved grandmother has been involved in a car accident. The crash was messy and despite medical advances and cutting edge technology, your grandma is in incredible pain, she will never be able to fully function or move by herself, and she will never be able to live a normal life ever again. What would you do? When a loved one is in such pain, would you not want to give them the option of passing peacefully, to stop the pain they have been sufferingRead MoreEuthanasia Is The Killing Of A Patient979 Words à |à 4 PagesEuthanasia is the killing of a patient who is painfully suffering with the help of a doctor. The classifications of euthanasia are voluntary and involuntary. Voluntary euthanasia is the consent of the patient and involuntary is the consent by another person because the patient is unable to do it themselves. There are also two procedures known as passive and active. Passive euthanasia is when the doctor stops doing something that will keep the patient alive. Active euthanasia is when the doctorRead MoreThe Debate Concerning The Morality Of Euthanasia915 Words à |à 4 PagesAmericans , arguably more than any other nationality, have a right to their opinion and there exists few subjects that generate more opinions than does euthanasia. The debate concerning the morality of euthanasia parsimoniously rests on the moral assessment of whether or not the physician intentionally kills or intentionally let die the patient. An assumption has been perpetuated that there is a line of demarcation between intending to let die and intending to kill. This pseudo-practical barrierRead MoreEuthanasia Or Physician Assisted Suicide961 Words à |à 4 PagesEuthanasia or physician assisted suicide, is the painless killing of a patient, suffering from a painful or incurable disease, like cancer, or alzheimer s, the practice is illegal in most countries, including the United States, although in the United States, it is a state decision, the only stat e in the United States that it is legal in is Oregon. Oregon passed the Death with Dignity Act in 1994, making euthanasia legal for chronically ill patients, the only caveat is that the doctor is allowedRead MoreEuthanasia Should Be Legal Alternative931 Words à |à 4 Pagesgoes, it is in the final stage where her only option left is to die. As the lady is heading to her eternal rest, she will be experiencing severe pain everyday and the doctors can do little about it. It would be devastating for a person to watch their loved one go through that. A person would start trying to find a way to stop this pain and then finally they have found something. What the person found was a certain practice called euthanasia. Euthanasia is a practice that will put patients out of theirRead MoreShould Euthanasia Be Legalized?1272 Words à |à 6 Pagesthe natural body is able to heal itself and grow. Not only is it human nature to survive and prosper, it is also instinct to be frightened of death and suffering. Euthanasia has been a topic of debate ever since the Roman and Greek physicians have started to poison terminally ill patients with their consent. Todayââ¬â¢s definition of euthanasia is ââ¬Å"the act or practice of killing or permitting the death of hopelessly sick or injured individuals (as persons or domestic animals) in a relatively painless wayRead More Ethnobotany Essay654 Words à |à 3 PagesAvailable Option Try to imagine yourself or someone you hold close to you being very sick, so sick that just being alive each day gives more pain and suffering than the previous day. Not one person should have to suffer from a disease that is incurable and leads inevitably to death. With an assisted suicide a person and his or her family can be relieved of the agony of the illness. Euthanasia is sometimes considered to be the best option for a loved one who is in intractable pain, and should be anRead MoreThe Age Should Not Be A Person s Life1680 Words à |à 7 Pagesresort to euthanasia. When a personââ¬â¢s life is coming to an end in a matter of days, a more reasonable approach to it would be to provide proper end-of-life care if requested. An individual has the right to determine when their last day should be if they are suffering from a terminal illness if it is quickly approaching. Everyone is entitled to make their own decisions, and children should be able to execute that right. Age should not be a matter that prevents someone from having euthanasia be an option
Sunday, December 15, 2019
Stop and Press Free Essays
Now 20 years later I discovered a new life form on this planet. This news could be either scary or remarkable for some. Planet Neo is 200 miles away from earth and 300 miles away further from the sun than the earth. We will write a custom essay sample on Stop and Press or any similar topic only for you Order Now Neo evolved over the past twenty years and conditions became much more favorable to support life. A water system underground was discovered and it is here in this underground system life has been discovered. The condition beneath the surface of Planet Neo proved very favorable for life subjected to some harsh climate change. The underground water system has similar conditions to a hydrothermal vent on earth. The discovery of hydrothermal vents on earth has presented us with a possible explanation for the origin of life. On Planet Neo the conditions were the new life form was found was similar to the hydrothermal vent conditions on earth. The life form that was discovered was called Octillion looks somewhat like a squid. Octopus has a very hard diverse outer skeleton on its entire body. It has eight fat tentacles also layered with this skeleton. This creature has all the characteristics of living things. The seven characteristics of living things are: 1 . Movement 2. Reproduction 3. Sensitivity 4. Nutrition 5. Excretion 6. Respiration 7. Growth Octillion has each of the above characteristics that I will further explain in depth Movement- Octillion was recognized by its movement in the underground water system. Scientists created a camera that was able to withstand harsh temperatures, pressures and atmospheric changes; this camera was able to enter the underground water system, the scientists controls were the camera goes. I remember the first time he saw Octillion it was between two Jagged rocks, remembered vividly the camera scaring the creature from video footage and Octillion stimulus was to swim away very quickly and spew out purple slime from pores, on its back. Sensitivity ââ¬â Octopus has very hard outer Skeleton that Is completely resistance to heat, there are little pore openings In Its back that open and close allowing It to moderate Its environment. This purple slime is not dangerous, sample shows it is a mixture of the same chemical found in a moss like looking substance on the wall of the rocks and seafloor which I called it purple because it is purple in color. Nutrition ââ¬â Octillion as I said before spew out a purple slime whose chemical components is similar to that of a moss looking substance found on the stones and seafloor called purple. It as concluded that Octillion feeds on the purple from video footage again that gives it nutrition which causes it to respire allowing it to survive in the harsh underground water system. Excretion ââ¬â the form in which Octillion got rid of waste was; it settles in a corner goes into the hard skeleton structure and little bubbles fill with a transparent liquid comes out the pores, I believe that Octillion excretes build up food from purple and it is transparent because it uses the chemicals from the purple to spew the colorful purple slime for stimulus and it then excrete the cytoplasm looking bubble. Reproduction ââ¬â the bubbles that are seen during the excretion process accounts for reproduction. It is this cytoplasm looking bubbles that carry a form of DNA from the Octillion allowing it to reproduce. All these data can be accounted for because test and experiments where perform and from these experiments it was concluded that the bubbles is somewhat of a single cell organism, but not all survive due to the harsh conditions. Reproduction process will be able to occur under the same Temperature and pressure in which Octillion was born and discovered. Respiration ââ¬â obviously in order for Octillion to stay alive it respires, cause it feed on the purple. Growth ââ¬â I have been tracking Octillion for the past six months and it has grown approximately twelve centimeters longer from the first time it was discovered. So this is evidences that Octillion grows. On Earth these seven characteristics is use to tell if something is alive. Octillion exhibits all characteristics which is so amazing. Charles Darwin if alive today would have been so involved in these findings. Charles Darwin, the British naturalist, came up with the theory of evolution in 1859; he changed our idea of how life on earth developed. Darwin argued that all organisms evolve, or change, very slowly over time. These changes are adaptations that allow a species to survive in its environment. These adaptations happen by chance. If a species doesnââ¬â¢t adapt, it may become extinct. He called this process natural selection but it is often called the survival of the fittest. It can be seen that Octillion has adapted to the conditions on Planet Neo, and with that adaptation there is room for evolution. If Octillion could survive on the harsh conditions of Planet Neo, who are we to say that there isnââ¬â¢t any other forms of life on lane Neo. I am on the quest to discover more living entities on Planet Neo thanks to the advances of technology in todayââ¬â¢s world. The fabric of the universe is waiting on scientist like me to extract the underlying knowledge. This discovery has made history in the life of humans; Just imagine life forms on other planets! This gives rise to a lot of speculation be it conflict or amazement. Some people are accepting of this discovery, stating this means that there are more avenues to explore the great beyond, others on the other hand are fearful of this discovery. How to cite Stop and Press, Papers
Saturday, December 7, 2019
Ratio Analysis & Capital Budgeting
Question: Explain Ratio Analysis Capital Budgeting. Answer: Ratio Analysis is an important and useful tool for analysing financial information and statements. They condense a lot of data into simpler form in number of ratios and percentages and help the users of financial statements make sense of the financial and operating performance of the company. Ratio analysis also makes comparison between performances of companies easier. (Kothari, 2004)(Oysazar, 2012) If we look at the various profitability ratios such as Net profit margin and Return on Assets we observe that the values have hardly shown any significant deviation over the last four years hinting at the steady growth of the firm. It also hints at the fact that sales and profits are increasing by the same percentage which means expenses are also growing.(Eriotis, Frangouli, Ventoura-Neokosmides, 2012) This would have been a sign for worry had the expenses been growing at a faster rate.Net profit margin is an industry specific ratio and would be higher for a company like ABCAM which is into pharmaceuticals and life science than for a company like Tesco which is in the retail industry. On the other hand Return on Assets is a measure of how efficiently a company is using its assets.(Gibson, 2012) A company like Abcam has a lot of assets which are intangibles and goodwill which have a long pay off period, hence this ratio for them is bound to be lower than other companies operating in different sectors. Again if we look at the efficiency ratios average inventory days figure for this year of 170 is very high. Simply put it means it takes ABCAM 170 days to turn over its inventory. Again this is industry specific and while 170 might be a bad number for one industry it might not necessarily be bad for ABCAM which is in the life sciences industry.(Raoa Rao, 2009) The high current ratio through the years is testimony to the fact that ABCAM is very well off liquidity wise. One good thing is that inventory constitute roughly 20% of current assets so even if we were to take the quick ratio which is generally considered a better measure to evaluate a firms liquidity, ABCAM does very well on that front as well.(Bajkowsi, 1999) If we look at market performance of shares we can see that the company has been steadily increasing its EPS and dividend payments which is a good sign for the investors. To calculate the P/E ratio historical prices of the stock have been taken from Yahoo Finance. P/E ratio is a measure of whether a company is undervalued or overvalued by comparing this value with companies operating in the same industry. If we look at P/E ratio of OCAD Group and ASOS their P/E ratios are extremely high 141 and 76.5 respectively. Generally, such a high P/E ratio can mean two things which might be complimentary. Firstly, it is overvalued and secondly that investors are expecting higher future earnings from it. Therefore, it can be said that for ABCAM the P/E ratio is more or less steady as from its past performance investors expect steady earnings.(Wu, 2014) Next up the ratios have been derived from restated financial statements. The concept of economic different is quite different from accounting profit. Whereas accounting profit only considers the explicit costs the economic profit considers the implicit costs as well.(Li, 2012) If we look at ABCAMs profit margin calculated from restated financial statements and compare it with the profit margin calculated from financial statements that there is a huge difference between profit margins for the year 2015 with the one calculated from restated financial statements showing a marked improvement. That is mainly due to the fact that in 2015 ABCAM had significant gains from the increase in exchange price of British pound which inflated this ratio.(ABCAM PLC, 2015) Similarly, in 2014 the profit margin calculated from restated financial statements shows a sharp fall as the British pound fell whereas for 2012 and 2013 the ratio doesnt show much difference because the pound was stable. (ABCAM PLC, 2014)(ABCAM PLC, 2013)(ABCAM PLC, 2012) Net Operating assets subtracts the investment assets and adds the operating liabilities to the total assets. Since the denominator value increases that if why we observe that Return in assets and asset turnover is lower in this section than the ones calculated from the financial statements. If we look at the overall economic profit of ABCAM we see that it is the highest for all the four years as the return on net operating assets was highest for this year. Economic profit is a good indicator of how a company is creating value for the stake holders, since it is calculated by subtracting the return on net operating assets with cost of capital. (Damodaran, 2007)Hence it is taking the debt serviceability and the required rate of return for the shareholders into account before calculating the net profit. If we look at the income statement and compare the economic profit with accounting profit, we find that it is considerably less but that is because it takes the WACC into context. Simply put this is the profit left after meeting the requirements of the debt holders and the equity holders as a surplus. ABCAM Plc has two investment opportunities. The first scenario has an initial capital outlay of 5 million GBP, wherein the company invests in a machine which results in revenues of 1 million GBP for seven years. At the end of seven years the machine can be sold for 2 million GBP. The second scenario has an initial capital outlay of 8 million GBP, wherein the company buys a patent which results in revenues of 2 million GBP for 5 years and at the end of five years the patent can be sold for 2 million GBP. The patent requires an annual fee of further 0.25 million GBP. The company has a decision at hand whether to invest in the first or second scenario. Since the first option has a positive NPV the company should invest in the first option. The first option has a positive NPV of 0.8 million GBP and an IRR of 14.5% which is higher than the cost of capital whereas the second option has a negative NPV of 0.125 million and an IRR which is below the cost of capital. At the outset and IRR might produce similar results but in some cases they produce results which oppose each other. Such cases are called conflict of NPV and IRR methods. (Mackevià ius Tomaevià , 2010) There has been a long standing debate as to which is a better appraisal method. On one hand while some managers tend to prefer IRR as it gives a definitive rate of return rather than return in currency terms and managers world over have a tendency to be inclined towards ratios. They tend to find NPV less intuitive because it does not measure the amount relative to the amount invested.(Arshad, 2012) On the other hand some managers consider NPV a better approach as they consider it more flexible as it provides information regarding how much the decision increases the firms value. In these areas IRR becomes restrictive particularly when used to appraise mutually exclusive projects and in cases with alternate positive and negative cash flows.(Drake). References ABCAM PLC. (2014). Annual Report. ABCAM PLC. (2015). Annual Report 2015. Arshad, A. (2012). Net Present Value is better than Internal Rate of Return. Bajkowsi, J. (1999). FINANCIAL RATIO ANALYSIS: PUTTING THE NUMBERS TO WORK. AAII. Bajkowski, J. (1999). A LOOK AT THE CORPORATE CASH FLOW STATEMENT. AAII. Damodaran, A. (2007). Return on Capital (ROC), Return on Invested Capital (ROIC). Stern School of Business. Drake, P. P. (n.d.). Advantages and Disadvantages of the Capital Budgeting Techniques. Gibson, C. H. (2012). Financial Reporting and Analysis. Cengage Learning. Kothari, S. P. (2004). Financial Statement Analysis. MIT Sloan School of Management. Mackevià ius, J., Tomaevià , V. (2010). Evaluation of Investment Projects in Case of Conflict between the Internal Rate of Return and the Net Present Value Methods. Ekonomika, 89(4), 116-130. Oysazar, H. (2012). Advantages and Disadvantages of Financial Ratios. Wu, W.-T. (. (2014). The P/E Ratio And Profitability. Journal of Business Economics Research , 12(1).
Subscribe to:
Comments (Atom)