Monday, February 17, 2020

Sound Art Essay Example | Topics and Well Written Essays - 2750 words

Sound Art - Essay Example The intonation of the voice of the speaker can designate the emotion of the person and his or her loudness or softness will depict the personality, authority and character of the speaker.1 The use of background music, sound effects either through cyclical or continuous mean can intensify the environment's emotion which can later contribute to the personality of the speaker and/or character and can encourage the curiosity and enthusiasm of the audience. Also, these elements can significantly contribute to the meaning and intensity of the concept being expressed by the certain project thus aiding its dissertation and understanding by the public. In addition, the employment of the effects of silence as a background can also contribute to the expression of the general theme as it can set stages of excitement thus promoting the audience's interest (Altman, 1992). Thus, the employment of sound through the application of each of its elements can significantly contribute to the general theme of a certain project as it promotes a better communication approach between the main concept and its audience. The use of sound can facilitates the dissertation and understanding of the public thus aiding the effectiveness of the project of communicating a certain concept and its significance to the society. ... 2A basic understanding as to how the different cultural music becomes a trademark of different nations around the world shall be considerably tackled within the context of the presentation that follows. What Sound Culture Development Suggests about the World The creation of cultural music has practically brought about a better sense of realization among cultures of the ancient times. It could not be denied that it is through this that the majority of the nations around the globe today have their own signature music, a trademark that makes them known to the world. Instead of being simply a sense of appreciative art, music has practically become a mirror of development among countries around the world. Ancient generations of human civilization have naturally used music for rituals and matters that concerned the higher power of control. However, music was not recognized the way that it is right now. The collection of sounds that are produced through the use of different instruments utilized by the ancient civilization has basically given birth to well arranged music that later on had meaningful indications of the messages that the people making the music would want to impose to others as they present their music to the public. The basic re alization of music being a probable source of information and presentation of emotional standing of those who have created the said music completions has given way to the creation of the different music genres that directly affect the emotions of human individuals today. Sound Art Culture is defined by Murray Schafer (1977) as the basic depiction of human creativity. The utilization of different natural resources to create sound has better increased the interest of the ancient individuals to find better ways of creating

Monday, February 3, 2020

Corporate finance and Financial Accounting Essay

Corporate finance and Financial Accounting - Essay Example However, it is the responsibility of the organization to formulate and implement appropriate strategies to deal with risks. For this case, the management of XYZ opted for acquisition of the company. XYZ sold itself to ABC International in exchange for $8.2 billion. After the acquisition, XYZ estimated that the worth of its shares would be placed at $100 per share. After the acquisition, ABC would take the sole responsibility of selling the XYZ’s stock exchange ventures situated in different countries that include Netherlands, Belgium and Portugal. ABC International’s operations ABC International is a leading global operator that deals with exchanges and the market for various forms of contracts ranging from agriculture to equity index. The corporation is based in the United Kingdom with its operations in Russell, Europe and some parts of the United States. The company operated under ABC Int’l as the trade mark and name. The company is managed by a board of direct ors, who set high standards that help in day-to-day management of the company. However, there exist guidelines and regulations of the organization that must be followed from time to time, subject to modification by the board of directors. This ensures a fulfillment of the best interests of the organization in line with the rules and regulations of the company. ... The company’s financial analysis is as presented below: Valuation ratio P/E Current 20.27 P/E Ratio (with extraordinary items) 20.27 P/E Ratio (without extraordinary items) 16.46 Price to Sales Ratio 6.61 Price to Book Ratio 2.46 Price to Cash Flow Ratio 12.39 Enterprise Value to EBITDA 11.19 Enterprise Value to Sales 8.02 Total Debt to Enterprise Value 0.13 Efficiency Revenue/Employee 1.27 Income per Employee 0.51 Receivables Turnover 10.34 Total Asset Turnover 0.04 For the liquidity ratio, the current and the quick ratio both stand at 1.04 while the cash ration remains at 0.05 Profitability ratio Gross Margin 70.00 Operating Margin 60.00 Pretax Margin 57.50 Net Margin 40.00 Return on Assets 1.20 Return on Equity 16.30 Return on Total Capital 12.50 Return on Invested Capital 12.88 Capital Structure Total Debt to Total Equity 30.00 Total Debt to Total Capital 20.50 Total Debt to Total Assets 3.00 Long-Term Debt to Equity 26.50 Long-Term Debt to Total Capital 20.00 Rationale fo r the acquisition The acquisition would ensure improvement in the ranking of the XYZ Corporation in the stocks exchange market. This is because of the strengthening of products and leadership (Ehrhardt & Brigham, 2011). After the completion of the acquisition, the new company will focus on the improvement of financial services, leading to high growth potential. Diversification of risks will attract more investors to invest in the company, hence growth and expansion of the company (Nofsinger, Kim & Mohr, 2010). In addition, existing investors will be certain of their investments, whereas the same venture will aim at increasing shareholder’s wealth through improved profitability. Acquisition