Friday, February 28, 2020

Financial Markets and Bank Management Coursework - 1

Financial Markets and Bank Management - Coursework Example The company sells second-hand clothes in the African markets. Rive Gauche plans to explore a new market opportunity in Asia. The company plans to meet the demand in the new market by importing more clothes from Germany. Rive Gauche Ltd seeks for working capital funding through overdraft. The facts point that the company prefers meeting the shortage in its working capital by seeking for short-term sources of funds (bank overdraft). On that note, the current overdraft of the company stands at  £ 90,000. The management plans to increase the overdraft level to  £ 400,000, which is an increase by  £ 310,000. In other words, the company is seeking for a loan worth  £ 310,000 to meet its working capital needs as it explores the new market. Working capital is arrived at by the following formula: working capital = (current assets – current liabilities). The company relies on its working capital to meet current obligations and run the day-to-day operations. Therefore, is advisable for managers to formulate and implement more efficient working capital management strategies. The primary reason behind the most effective strategy is to ensure the constant availability of sufficient levels of working capital. Rive Gauche Ltd.’s current assets are (stock + debts + cash) = (311,000 + 208,000 + 40,000) =  £ 559,000. On the other hand, the current liabilities are (creditors + other liabilities) = (200,000 + 200,000) =  £ 400,000. Based on the working capital formula, the company’s working capital = (559,000 – 400,000) =  £ 159,000. The estimation states that Rive Gauche Ltd currently has  £ 159,000 to meet its current obligations. The analysis clearly shows that working capital is not sufficien t to cover the current obligations. Therefore, the company’s working capital requirement is determined as follows: working capital requirement = (current liability – working capital) = (400,000 – 159,000) =  £ 241,000 (Bhattacharya 2009, pp).

Wednesday, February 12, 2020

Hitchcock film analysis Essay Example | Topics and Well Written Essays - 1000 words

Hitchcock film analysis - Essay Example In the case of this movie, such an effect is still powerful even in a modern age of high technological development and the special effects involved in film production. In fact, the way Hitchcock shocks people’s minds in his horror movies is rather psychological than visual. And so, in a given paper the ability of this director to create a horror using our ordinary fears is analyzed with the help of his movie â€Å"The Birds†. To start with, fact that the movie was created only 9 years after the story of Daphne du Maurier published demonstrates the high level of Hitchcock’s awareness of the trends of his time. In particular, he knew well about literature that shocks and cinematic means that can help to save this effect. In comparison to the novel, the movie showed the same level of horrific atmosphere and despair in the given circumstances. In this context, the storyline of adaptation is quite simple. The main heroine Melanie Daniels (played by Tippi Hedren) brings to her friend Mitch Brenner the cage with lovebirds as his younger sister Cathy has a birthday. But, the lovely story turns into the nightmare for everyone in an area. In particular, all the birds steadily start attacking all the people who are available for them. Even though separately these creatures are peaceful and inspiring, in huge numbers they bring death and fear. In the movie, they either consciously attack the human body or pro voke the car accidents and gas exposures. And so, the ordinary life of a small American city is turned into the struggle to keep all the member of family alive within only one day. In particular, it is striking that the situation created in the movie cannot be solved by human effort as the birds are uncontrolled and have no mind to be convinced by human arguments. Therefore, the very simplicity of the given plot is the best option to