Erythropoietin Is It Worth It - 1542 Words

Erythropoietin: Is it worth it? Carriella Starnes Emory Henry College Over a century ago Eugene Goldwasser and Takaji Miyake worked together in Chicago to synthesize the human hormone erythropoietin, better known as EPO. It took over 10 years for EPO to be approved by the Food and Drug Administration to be used solely for patients with anemia. EPO is naturally produced by the kidneys and is sensitive to the oxygen levels in the blood. When oxygen levels are too low, EPO is released and stimulates the bone marrow to produce more red blood cells. Often times a low oxygen level in the blood can indicate that a person has anemia, which is a â€Å"condition in which the blood is deficient in red blood cells†¦Ã¢â‚¬ Ã¢â‚¬ ¦show more content†¦Genius as it was, the system soon caught up and cheating the test became harder (Hopkins, 2000). In the 2004 Olympic games they solely used urine samples to test for synthetic EPO (or rhEPO) in the system, which proved to be a much more accurate way to get results (â€Å"EPO detection†, 2015). Now there are more ways than one to obtain higher levels of EPO. More recently the use of hyperbaric chambers has increased in use by athletes. Hyperbaric chambers increase our oxygen intake from 25% to around 50% by forcing pure oxygen into the lungs which increases oxygen delivery, and thus recovery time is shortened (â€Å"Hyperbaric oxygen therapy for athletes†, 2015). Many professional athletes have used these chambers to assist in injury recovery and recuperation after performances. These aren’t just used for athletes, though; hyperbaric chambers work very well to aid in the management of diseases like chronic fatigue syndrome, Parkinson’s disease, and rehabilitation after surgeries (Howell, n.d.). A tool that may be a little more common is an elevation training mask; these masks are designed to simulate training in higher altitudes by restricting the amount of air one can breathe in. When the amount of oxygen someone breathes in is reduced hemoglobin is produced a t a higher rate, which then transports more oxygen and creates a higher amount ofShow MoreRelatedShould Blood Doping Be Illegal or Legal in Sports?1499 Words   |  6 Pagesthem to keep training at high level because they don’t have to sacrifice their own blood. Since nobody wants to receive the negative effects of doing blood doping, whether it is hemoglobin or autoglobin, they found another way such as using the Erythropoietin (EPO). It is a hormone within the body that stimulates production of red blood cells in the body. Over the years, they were able to reproduce it using recombinant DNA technology. It was originally reproduce to help people who suffered from kidneyRead MoreThe Drug Of Red Blood Cells1568 Words   |  7 Pages Erythropoietin is a hormone that is produced by the kidneys in response to a decrease in the oxygen-carrying capacity of red blood cells in circulation (2). From the kidneys, erythropoietin (EPO) enters the blood stream and enters the bone marrow where it stimulates an increase in the production of red blood cells (1, 2). This mechanism functions as a negative feedback loop since the signaling of an increase in the oxygen-carrying capacity of the blood due to an increased number of red blood cellsRead MoreBlood D oping, Human Growth Hormones, Steroid, Beta 2 Agonists1526 Words   |  7 PagesErythropoietin (EPO), blood doping, human growth hormones, steroid, beta-2 agonists. These are a few substances that come into mind when discussing the topic performance enhancing drug also known as doping. Doping is defined as the use of drugs to enhance performance and gain advantage over the other competitors, and it has been an ongoing problem in the sport community since the early centuries, with an increasing trend showing today. Envision yourself competing against an opponent who has beenRead MoreCompetitive Sport And Its Effect On Sports724 Words   |  3 Pageschilling rates. The 2014 Super Bowl alone generated nearly $4 billion in illegal bets. Many experts and government officials are calling for a crackdown on the illegal gambling syndicates that are laundering and hiding filthy amounts of illegal profits worth up to hundreds of millions of dollars. This problem is due nearly solely to te levised sports and the grubby, grimy gambling culture surrounding it. It is just so blatantly obvious that we as a society would be better off without this lowlife industryRead MorePerformance Enhancing Drugs. . Performance-Enhancing Drugs1580 Words   |  7 PagesDrugs Performance-enhancing drugs (PED s) have been an issue for many decades now for the medical and sports field. Olympic and professional athletes have been using them to gain an upper hand on the competition, but some may ask if it s really worth it? Studies show that performance-enhancing drugs have been proven to negatively affect the health of athletes who take them. Simply put, performance-enhancing drugs could either improve athletic performance or can be extremely dangerous, in certainRead More Steroids In Sport Essay695 Words   |  3 Pagesnecessary to use so they can perform better. Some users also experience depression during parts of the cycles when taking the drug.Anabolic steroids are illegal and are sold over the black market and there are different kinds. To name some there are Erythropoietin, stimulants, clenbuterol and other drugs that are marketed as steroid alternatives. Without a prescription steroids are illegally sold. Besides steroids there are other performance enhancers that can be bought over the counter. They are androstenedioneRead MorePro Doping in Sports Debate825 Words   |  4 PagesHealth Risk If each of us ought to be free to assume risks that we think are worth taking, shouldnt athletes have the same freedom as anyone else? In particular, if athletes prefer the gains in performance allegedly provided by the use of steroids, along with the increased risk of harm to the alternative of less risk and worse performance, what gives anyone the right to interfere with their choice? After all, if we should not forbid smokers from risking their health by smoking, why should we prohibitRead MoreShould Blood Doping Be Legal?1836 Words   |  8 Pagesinjections of erythropoietin (EPO), and injections of synthetic oxygen carriers (Eichner). Blood transfusions come in two types: autologous transfusions and homologous transfusions. Autologous transfusions require the athlete to store some of their own blood prior to their competition and have it put back into them before the competition. Homologous transfusions differ in that the athlete has another individual s blood with the same blood type put into them. Injections of erythropoietin (EPO) involveRead MoreThe Use of Performance Drugs in Sports Essay1024 Words   |  5 Pagesrisks. â€Å"Take the time to learn about the potential benefits, the health risks and the many unknowns regarding so-called performance drugs such as anabolic steroids, androstenedione, human growth hormone, erythropoietin, diuretics, creating and stimulants you also may decide that the benefits arent worth the risks.†(Mayo Clinic) Like once some people choose to use drugs to help their performance, other athletes have their freedom of choice infringed upon: if they want to succeed they have to take drugsRead MoreEssay on Performance Enhancing Drugs 1810 Words   |  8 Pagessomebody’s PED problems. Although there are many reasons for athletes to choose to use these drugs, the cost of such use, both to the athlete and to society can be extraordinarily high. The question that many people must answer to themselves is â€Å"is it worth the risk†. Therefore, it is important to understand why performance-enhancing drugs are used, the consequences of their use, and then apply that knowledge to how they are represented in the media. The first thing that we have to look at is why many

Landscape in the Classic Western Free Essays

The article â€Å"Landscape in the Western Classic text: Landscape in the Classic Hollywood Western† by Stanley Solomon focuses around the central claim that landscape is definitive to the film genre of Western, defining both plot and characterization. First, the severity of the barren landscape against which the plot of Western movies revolves suggests that the characters in the movie either have to be rugged or likely to fall prey to more rugged ones. Scarcely populated rural places allow for the clear-cut distinction between an honest group of citizens with local sheriff as their leader and a gang of immoral criminals. We will write a custom essay sample on Landscape in the Classic Western or any similar topic only for you Order Now Since the landscape is clear-cut and straightforward, so are the characters and their moral traits. The same is true for sharply delineated codes of behavior that have to be grasped by both criminals and good guys. The severe natural and human environments, in which the characters of the Western have to act, develop skills crucial to survival, including â€Å"competence in the face of danger, courage, determination, and endurance† (Solomon 1976). The threat in most cases comes not from nature that, for all its mercilessness, is fair and predictable in its threats, but from human villains. The struggle between moral and immoral characters is the cornerstone of the plot. A peculiar environment often tells a lot about the women’s role. Most of female characters, exactly like men, should possess strength of character and survival skills that are looked up to by men. At the same time, women bring a humanizing effect to movies, supporting the value of human life. Western movies often call for insights into the past of the character, in contrast to urban movies where the emphasis is on the throbbing present of the city life. A Western character arrives at the scene a mature man, shaped by his past experiences, that often involve some indelible tragedy. Understanding a character’s past is essential, although information of it is often presented as a mere hint. â€Å"The interrelationships of landscape, characterization, and the past† form the central focus of the Western genre (Solomon 1976). Bibliography Solomon, Stanley. Beyond Formula: American Film Genres. 1976.       How to cite Landscape in the Classic Western, Essay examples

Mock Trial Reflection free essay sample

In our Civil case, I am Jean Welby, who is paul welby’s mother and also the witness of the case. I am 46years old,a stay home mum,living in 1703. w. sesame street. If I need to rate myself for the effort I put into my role, I think I will rate for 4 because everyday, I actively participated in our group discussion and I had read my deposition and the whole story for a a lot of times ,highlighted plenty of important sentences/imformation which could help me for our trail. Also, I prepared and wrote down the questions and answers that the plantiff attorney would ask me during the cross-examination. There is one thing that I am really proud of is that we finishd our whole trail in a right and fair process as well as I completed my witness job successfully. However,there is still one thing I need to do differently. We will write a custom essay sample on Mock Trial Reflection or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page When I was reading Jean Welby’s deposition, there was one slang in it, I should ask my American Friends the meaning of the slang instead of using my own way to understand it . To be honest, this mock trail ,which I have never done before is really a good pratical experience for me. Through this imitation trail, I got a better,specific and deepen understanding about the trial and I learned about the leagal system in a more competitive manner. I feel I just experienced a real trail. It’s pretty cool ! Moreover,There are three things that I learned about the trail process from this experience that I didn’t know before I want to say. First, it is about the Baliff. Actually, before the mock trail, I never know there is baliff in the trail. But after experiencing, I know about that before every trail, we should have a baliff like Collin in our mock trail to ask every witness â€Å"do you swear to tell the truth,the whole truth, and nothing but the truth ,so help your god? † And at the same time,witness should raise their right hand and put their left hand on the bible. Another thing is about the â€Å"redirect† and â€Å"recross†. During the redirect and recorss, attorneys should question their own/other witnesses again,but must remain with the scope of what was discussed in cross-examination/redirect. Based on my knowledge about trail process , I didn’t know that the questions attorneys ask during the redirect and recross should be confined into the scope of what was discussed in cross-examination/redirect before. What I think is that attorneys can ask whatever they want to help their trail. The third thing I didn’t know before is about the leading questions. During our mock trail, we could always hear the attorneys will point the other sides’ attorneys didn’t ask the leading questions. When attorneys question witnesses , they must use leading questions which will not involve their own opinions, will not influence the evidence presented and will let witnesses to say the whole storys about the case. In addition, I think our trail was fair. There are some reasons as follows. We strictly followed the right trail process. We had opening statements, direct and cross examination, re-direct ,re-cross, closing statements,jury instructions, and the final verdict. Also, in my opinion, the plaintiff in our civil case met the required standard of proof. They did a good job on organizing and leading the group which include determine charges,accused and witness. They discussed with all the group members a lot and prepared a general plan to win the case. In our case, attorneys and witnesses work together very well,also you can see we have a lot of re-direct and re-cross going on which could provide more and more evidence to jurys. And all the questions that defense attorneys asked were all based on deliberation and deep discussion with group members . Also the questions they asked could help a lot to their sides. For example, our defense attorneys ask the plantiff witness Paul Welby that â€Å"Have his parents talked about the safety rules of driving before? † and â€Å"Did they know paul and Danny were drinking when they were out of the room? †Also they asked the plantiff witness â€Å"police† that â€Å"Whether Danny wore seat belt or not in the car accident? † These three examples all can help to build The Welbys image that they are very good people , they follow the rules and taught their son if he drinked too much, they could pick up him instead of driving by himself. Also they showed the jurys that Danny himself didn’t wear the seat belt when they were driving which directly caused himself serious injury . More importantly, they proved that Mr Welby and Mrs Welby couldn’t foreseen the outcome and injurys of Danny when they provided alcohol to Danny and Paul. According to the aboved reasons,the total money that Danny’s parents sued the welbys were so much and unreasonable. And Based on these information and reasons above, I disagree with the verdict. I think it should not be 50% ,50% for our both sides. We should get more than 50% support that the welbys should not pay Danny’s family that much money.

Small Firm Effect Essay Example

Small Firm Effect Paper At last, a conclusion about whether or not to use this anomaly earn profit will be provided. Explanation of small firm effect and its methodologies Small firm effect refers to a situation which the average risk adjusted returns of smaller firms are higher than the larger firms Band(1981). This situation shows the insufficient of CAMP in predicting the stock returns and counter-argues the efficient market hypothesis Band(1981). It was found by researching the relationship between the return and market value of common stocks in the New York Stock Exchange. The researchers build a generalized asset pricing model which adds the variable market value of security to the capital assets pricing model Band(1981). The constant measuring the contribution of market value of a stock to the expected return of the stock was found as a significantly negative number for the all-time period Band(1981). This indicates that the larger the market values the smaller the expected returns Band(1981). Supporting evidence There are several evidences support the small firm effect as an anomaly counter- argues the efficient market hypothesis in relate to the capital assets pricing model. Under the efficient market hypothesis, no persistent excess profits can be earned on a stock by using public available information. However, the research done by Band(1981) proves that about twenty percent risk-adjusted profits can be earned by using strategy of taking long positions in a portfolio of smaller firms and taking short position in a portfolio of larger firms in a year. Furthermore, the researches done by Brown, Klein and Marsh (1983) shows that excess returns can be earned in related to firm size but the effect is not stable over time. We will write a custom essay sample on Small Firm Effect specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Small Firm Effect specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Small Firm Effect specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Moreover, the study done by Kim(1983) also proves that there is a size related anomaly and its seasonality. Kim(1983) founds around fifty percent of abnormal returns related to firm size are earned in January, twenty-six percent are earned during the first trading week in a year and around eleven percent are earned in the first trading day. Small firm effect in different equity market The study done by Reengaging (1990) found that the relative price behaviors of larger and smaller firms on ETC stocks are different. The costs of trading for small stocks are different in different markets (Reengaging 1990). Thus, an analysis of the evidence for small firm effect in different equity market is important. Small firm effect not only happens in USA but also in the other countries. It has been proved existence in Australia by Brown, Kim, Klein and Marsh (1983). Furthermore, a study done by Chemung, Lounge and Wong (1994) on Korean Stock Exchange also proves the existence of small firm effect. In mean return analysis, the study shows the portfolio with smallest firm size got the highest average monthly return (Chemung, Lounge and Wong 1994). In risk-adjusted return analysis, they use the Sharpe-Lintier version of the two parameter assets pricing model to examine the influence of firm size and E/P ratio on the risk-adjusted portfolio returns (Chemung, Lounge and Wong 1994). The result shows the portfolio of small firms get the highest and only positive risk-adjusted returns (Chemung, Lounge and Wong 1994). Moreover, the small firm effect also exists in Belgium, Ireland, Japan, Mexico, Spain, Switzerland and United Kingdom (Hawaiian and Kim 2000). However, there are no significant relationships between firms size and returns in Canada and France and the size premium significantly different in different markets (Hawaiian and Kim 2000). Small firm effect in different time The researches done by Brown, Klein and Marsh (2001) on U. S. Stock market shows hat excess returns can be earned in related to firm size but the effect is not stable over time. Damson and Marsh (2001) believe that market anomalies apply to Murphys Law which if things can go wrong, it will eventually go wrong. That is, the excess return of small companies will eventually move towards reverse. They compared the stock return of small firms in the U. K. Stock markets with that in the U. S. Stock markets from 1955 to 1997. The study shows the stock returns of small firms were 6% higher than large firms during 1955 to 1986 then many founds Management Company launched between 1987 and 1988, followed a reverse on stock returns of small firms were 6% lower than the large firms from 1989 to 1997 (Damson and Marsh 2001). This may also be contradicts for the small firm effect. Reasons for existence of small firm effect Misprinting Some researchers explained the small firm effect as misprinting from the measurement or method error of assets price model, but Roll (1983) finds this is not the case. He believed that the frequency of trading and holding period can affect the beta estimates. The risks of small firm were undervalued and returns were overvalued for small firms in short holding period (Roll 1983). Furthermore, as small firms are traded not often, the daily stock returns were delayed, the risk was undervalued (Roll 1983). However, Reengaging (1982) use the method of aggregated coefficients to estimate the stock risks and finds undervalue of risks for small firms is not a strong evidence for small firm effect. The study done by Fame and French (1992) also shows firm size is better at explaining the excess returns on small firm than stock risks. Transaction cost The transaction cost for small firms are usually higher than that for large firms. Transaction cost includes direct cost and indirect cost. Indirect cost includes brokerage fees and bid-ask spread. Indirect costs include fees generated by information searching and portfolio management. Amid and Mendelssohn (1986) regard the bid-ask spread as representative of stock trading frequency. Larger bid- ask spread means market thinness. Then they built three models to test the relationship among stock returns, risk of stocks and bid-ask spread. The result shows relationship between stock returns and bid-ask spread are significant stronger than allegations between stock returns and risk of stocks at explaining the small firm effect (Amid and Mendelssohn 1986). Furthermore, Amid (2002) believed that expected market liquidity has a positive influence on ex-ante excess stock returns and return on stock is negatively related over time to contemporaneous unexpected liquidity. Liquidity has stronger influence on small firms (Amid 2002). Amid proved his hypothesis by examine stock in NYSE from 1964 to 1997. Less available information The third reason of existence of small firm effect is small firm has less available information. Theoretical research has proved that firms with less available information should, other variable remain unchanged, get higher returns to make up estimation risk (Manhattans). Thus, less average available information for small firms may be the reason of small firm effect. Nathan (1996) proved this hypothesis in his article. Different fundamental structure Different fundamental structure between large firms and small firms may be one of the reasons for small firm effect. Small firms in NYSE are less efficiently run and have higher financial leverage and these kinds of risks are not easy to be captured by arrest index compare to large firms (Chain and Chem. 1991). Thus the small firm should get higher stock return to make up the estimation risk. Exploit ability and limitation of profit-earning strategy This essay believes that small firm effect is not exploitable now. Somebody may argue that profit can be earned by taking long positions in a portfolio of smaller firms and taking short position in a portfolio of larger firms. In fact, it is hard to keep a portfolio with small shares which long and short position can be held and traded quickly in the real world (Bradford, Haney and Billion 2011). Furthermore, the transaction cost of take short position is larger than take long position (Bradford, Haney and Billion 2011). Moreover, the article written by Damson and Marsh (2001) points out excess return of small companies will eventually move towards reverse and their study shows stock returns of small firms were 6% lower than the large firms from 1989 to 1997 which indicate the small firm effect already move towards reverse in U. K.. Conclusion In conclusion, this essay does not recommend the fund manager use strategy of taking long positions in a portfolio of smaller firms and taking short position in a oratorio of larger firms to exploit as loss may occur.

How to Use Pinterest for Your Job Search

How to Use Pinterest for Your Job Search So yes, we all know of Pinterest as the go-to place to design a wedding mood board or pin recipes to try for summer barbecues. But did you know that you can also it for your job search? On this the fastest growing social media network, you can either waste endless amounts of time pinning â€Å"shoes to buy,† or you can spend your procrastination time by making a job board for yourself. Can’t hurt, might help! Here are a few ways you could use your Pinterest to help boost your job search.1. Pin your resume.Thousands of people do this. You might even see some traffic. Better yet- make a resume Pin Board and fill it with pins that represent all the different parts of your resume highlights. Pin links to the schools you’ve attended, the companies you’ve worked for, the projects you’ve worked on. Make those text boxes work for you- write commentary as you would in your resume for each pin.2. Link it up.Your beautiful Pin Board isn’t going to do yo u much good if no one knows where to find it. Add it to your LinkedIn portfolio, your Facebook and Twitter profiles, even advertise on your Instagram. Add the link to your email signature and business cards. Just make sure there’s nothing unprofessional on your Pinterest (or make those boards private) before linking far and wide.3. Be a follower.For both inspiration and career tips, try following the greats on Pinterest as well as other platforms. CareerBliss is a great place to start, as is your college career office, if they have an account. If you’re unemployed, try the 405 Club. FlexJobs and Brazen Careerist are other great options, but you can always just type â€Å"career advice† into the search bar and see what turns up!4. Stalk potential employers.If the company or companies you want to work for have Pinterest, follow them! You can learn a lot about company culture and what may be expected of you in an interview situation by studying what they post. Re-p in their content if you like it, establishing a connection or- at minimum- making sure they see your little account name pop up every time you do.5. Build your brand.Choose images and words that support the brand you’re cultivating across other platforms. Be professional, of course, but yourself. Never underestimate what a well cultivated Pinterest board can do to show your strengths and tastes and sell you at your best.6. Get inspired.If you’re feeling bored or discouraged in your job search, you can always sift through other job seekers’ Pinterest boards for inspiration. What are some creative ways other people are using social media sites to maximize their search and build their brand? Spend 20 minutes going down the rabbit hole and see whether a better idea strikes you!

Analysis Of Annual Report Of Bendigo And Adelaide Bank For Fy 2016

The title of the report is the analysis of the annual report of the company – Bendigo and Adelaide Bank. The annual report of the company consists of the financial statements of the company and the director’s report and the independent auditor’s report. The financial statements of the company tells about the financial performance of the company that it has gained during the reporting period and the financial position of the company that it has maintained at the end of the reporting period. Both the aspects go and work simultaneously and will inform about the working and functions of the company. The main aim of this report is to analyze the annual report of the company with respect to certain issues like assets and debts which will equip the users of the financial statements of the company including the stakeholders of the company about the working details of the company and to assess whether the company is working as desired by its stakeholders. With this consideration and the aim the report has been bifurcated into different section starting from the historical background of the company. After that the financial position of the company has been analysed by considering the balance sheet at the end of the reporting period. Thereafter the financial performance of the company has been analysed by considering the statement of profit and loss for the given reporting period. At the end the report has been ended by citing the conclusion stating the overall findings and the recommendation stating whether the stakeholders shall invest in this company. The company has its history started in the long back in late years of 1850’s. The company has been incorporated in the year of 1858 as Bendigo Mutual Permanent Land and Building Society to help the people who are migrating from Victoria to give them the better living and the better working conditions. After twenty years of the society formation, in the year of 1877 another society was formed namely Hind marsh Building Society which has only one aim of providing home to everyone who is in Australia. With this aim the society so created has gained the importance from many people. With the passage of the time, the society goes on growing and keeps on merging and acquiring the other societies and in the year 1982, Bendigo Building society has come up as the first financial institution which has introduced both visa and credit cards. In the year of 1993, Bendigo building society acquires the company namely National Mortgage Market Corporation Limited which is engaged in the busines s of mortgage and providing the introducers for the loans and acting as the brokers for arranging the loans. In the years of late 1990’s the company with the development in the field of banking has converted its name from the bendigo building society to Bendigo Bank (Intelligent Investor, 2017).   Bendigo bank opened its first branch office in Victoria and then has focused on the infrastructure projects of the country including the agricultural related business. The company has also been known as the company which has brought the account for offsetting the mortgage. This product has now standardized in the country of Australia. With this expansion and the growth in the business sector, the company in the year of 2007 has rejected the proposal from the Bank of Queensland for having the merger and merged with the well known bank namely Adelaide Bank. Soon after merging with the bank, the company with the approval of the members and shareholders of the company, the company has changed its name from Bendigo Bank to Bendigo and Adelaide Bank (Company Official Website, 2016). With this merger, the existence of the Bendigo and Adelaide bank has come and is now regarded as the fifth largest retail bank in the Australia employing more than 70000 employees across its all branches and serving millions of the customers across Australia for achieving their financial goals.   Ã‚  Ã‚   The financial position of any company is analyzed by critically evaluating the balance sheet of the company. The balance sheet of the company is prepared on the particular date therefore the financial position of the company has been analysed as on 30 th June 2016 (Company Official Website, 2016). There are also other issues like financial assets held for sale, trading and maturity, met loans and other receivable and the investment made in property plant and equipment and also the risk factors that have been mentioned separately in the annual report.   Ã‚  Ã‚  Ã‚  Ã‚   The financial performance of the company is analysed from the statement of income for the financial year ending 30 th of June 2016. Following issues have been identified (Company Official Website, 2016): Thus, apart from the above issues there other financial performance issues like Net Profit and the income tax expense, etc.  Ã‚  Ã‚   The banking industry plays very important role in not only the development of the country but also the development of the individuals by keeping their money safe and providing the interest on their funds and more importantly funding the company which requires for the development of any project which may be infrastructural or financial like agricultural related project or dam building project. Thus, in this way, the banking industry plays very important role in the development. The report has laid down how Bendigo and Adelaide bank has been formed and how the same have grown over the past 158 years at the increasing rate and still have the position of having more developments in the future. The report has analyzed the financial position and performance of the company and thus it is concluded that the report has raised the financial issues with regard to its recognition and presentation in the financial statements. It is recommended that the shareholders should invest and the stakeholder’s shall take interest in the company and shall make their decisions accordingly. Company Official Website, (2016), â€Å"Annual Report 2016†, available on https://www.bendigoadelaide.com.au   accessed on 23/05/2017. Intelligent Investor, (2017), â€Å"Bendigo and Adelaide Bank (BEN)†, available on https://www.intelligentinvestor.com.au/company/Bendigo-and-Adelaide-Bank-Limited-BEN-249121   accessed on 23/05/2017. accounting

Argument about how the spend the money in wors and not for study Essay

Argument about how the spend the money in wors and not for study - Essay Example Various cases particularly in budgeting clearly bring out how our government has attached much importance to wars rather than education over the past years and even currently. The funds used to sustain a single military officer can be adequate for paying one-year college fee for over thirty students in college. With the increasing college fees which is a result of cutting government funds on education, there are many students who do not make it to colleges due to lack of adequate funds to sustain the students in college. This implies that dreams may be shuttered as education plays a vital role in helping most people attain goals. According to (Gardner, Web) the cost of keeping one soldier in Afghanistan is nearly $ 850,000. This amount of money with no doubt can cater for one-year school fee for many students in college or high school. (Gardner Web) also adds that most of the US funding goes to the military as compared to any other government sector and the government tops all other countries in military expenses (Wittner, Web). This clearly shows how our government prioritizes wars over education. This may have serious consequences in the future if the situation is not addressed accordingly. Education is highly valued in most nations and even after the world war, the government of the United States considered education equally important. History shows that after World War II, there was an increase in quest for education, which was highly supported by the government. The government took the initiative to sensitize its citizens on the importance of education to the society. However, the big and controversial question is whether the government really values education as it claims to value it like wars. According to Osborne (Web), modern weapons can cost the government a fortune. For instance, cruise missiles may cost up to 1.5 million dollars (Osborne, Web). The huge amount of money spent on purchasing modern weapons compared to hiring teachers shows how the gove rnment is attaching much importance to wars rather than education. The 1.5 million dollars can pay the salary of over twenty-five teachers in the state schools or these sums of money can be directed in any other way to promote the education sector. There is a possibility of cutting down the military expenses and directing them to the education system without compromising the nation’s security. With the changing world, education has become an important aspect in the lives of people and therefore the US government need to set aside much funds on education just like in the military sector. However, the case has been quite different, the large populations of soldiers needed and the increasing numbers of veterans that need care is alarming. Funds from the government are used to cater for the needs of these war veterans, these are some factors that inflate the military budget. This implies that large amounts of money are needed to sustain these veterans. Although taking care of the se war veterans is as well important, in is as well important for the government or the military sector to come up with ways of generating income to help the veterans. In this way, the government is able to cut the expenses on the military, which can in turn be directed towards the education sector. According to the 2011 US budget, the government spent $ 115,000 more on the