The Hero Diary Entry Essay Example

The Hero Diary Entry Paper The elderly person abruptly began to cry tears since she saw that I would advise her about his children passing and I didnt comprehend what to do so I chose to proceed with my decidedly ready discourse stronger than I was telling it previously. Yet, her sobbing likewise got stronger and with a higher force. I at long last chose to stop however I didnt have enough dauntlessness and certainty with her to get ever closer that I was extremely grieved so I got up. She didnt even notification I was strolling towards the entryway yet when I opened it she quit crying. I looked towards her and I saw she was murmuring something delicately with her neck twisted. I remained at the entryway tangle until she said legitimately to me that she needed me to remain and enlighten her regarding the last time I was with Jack and what he educated me concerning her. I stood unobtrusively next to her and she inquired as to whether all that I had said was valid. The issue in my psyche began again in light of the fact that I wasnt sufficiently bold to come clean about the weak mentality of her child. I gave her Jacks identification and the uniform he utilized in war. She grinned straightforwardly to me yet I felt awful about myself since I realized that coming clean would influence her emotions a ton. We will compose a custom exposition test on The Hero Diary Entry explicitly for you for just $16.38 $13.9/page Request now We will compose a custom article test on The Hero Diary Entry explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom article test on The Hero Diary Entry explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer I remained with her only somewhat longer in light of the fact that my genuine work was in the bleeding edge and when I went out the climate was a lot colder and dismal; simply equivalent to the womans sentiments. There are a great deal of these circumstances in war day by day yet this was an excellent case which I am certain I will recollect for my entire life. Im so sure on the grounds that consistently in my fantasies since that day, I can see the old woman in her front room, in a similar lounge chair I was sitting when I went there, weeping for her child since she was glad for him, since he kicked the bucket for her and for her nation.

Fashion Existing Online Case Study Example | Topics and Well Written Essays - 1000 words

Design Existing Online - Case Study Example The paper Design Existing Online discusses the style that exists on the web. All together for the organization to effective in this serious market of style, it has focused on specific market and potential clients around the world. The focused on client by MO is ladies who love style and are eager to follow through on enough and in full cost for rich shoes, garments and embellishments. The organization targets explicit client; a client who will have the option to manage the cost of creator looks directly off the runway and who is style sufficiently cognizant to purchasing the garments. The organization has just focused on 80% of American who are customers in New York, outside New York and Florida, whereby the company’s introductory clients were their own system and clients alluded by the system (Mukti, 2014). The organization is still low on track advertises that they know to be greatest extravagance markets; despite the fact that it ships it’s great to in excess of 150 nations. They have focused on the European, Asian and Middle East markets as they are becoming exceptionally quick. Satisfaction eService for Moda Operandi can plug into its business framework so as to screen the orders’ status and track conveyances. For Moda Operandi, it permits its clients to preorder selective creator looks that are prepared to wear styles, purses, shoes, and frill in online planner trunk-appears. With numerous planner items beginning in Europe, Middle East and Asia, the organization redistributes satisfaction so as to support client; along these lines making generous money related investment funds.

Multicultural Health Care Setting free essay sample

Medical attendants must be social skilled before traveling to another country for them to have the option to convey nursing care that will permit successful collaborations and the improvement of fitting reactions to people from different societies, races and ethnic foundations. Filipino medical caretakers were exhausted and come up short on in their own nation, which is accepted the explanation that pushes attendants to relocate. One fundamental motivation behind why Filipino medical caretakers work abroad is to have a superior future, any place it might be, adjacent to, the vast majority of Filipino attendants were some way or another arranged about the way of life of different states. They felt that it is smarter to change gears for progress somewhat hanging tight in vain until they will got old. The standard of every single Filipino medical attendants that works abroad, which is to have a superior life in days to come is constantly demonstrated, and the adequacy of difficult work and tolerance will consistently have the great outcome, and a superior method of living that will acquire them each sweat that they done best, one of the great factor in working abroad is having the confirmation to the fruitful, on the off chance that one will give a valiant effort to put forth a valiant effort to seek after the envisioned to have a superior life. We will compose a custom exposition test on Multicultural Health Care Setting or then again any comparative subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Each Filipino medical attendants before traveling to another country must have social mindfulness, social information, social aptitude, social experience and social want. Q2. In what manner can the uncovered issues of medical attendants influence the changing practices in the multicultural wellbeing settings? Being in new nation can be testing a result of the connection among language and culture. Albeit different nations have the vital language capabilities for section of training, they experience issues if the working environment language is their subsequent language. Medical caretakers need to change on the best way to cooperate with patients, partners and individual experts in a multi-disciplinary group. They can encounter intellectual weariness from the need to focus on hearing and talking about new dialect. Language troubles can prompt clinical blunders or close to misses which influences the nature of care to quiet. Male medical attendants can likewise confront separation from other social insurance laborers. Especially in a work place brimming with female medical caretakers, they may discover they are not given a similar regard that female attendants get in the work place. It is essential to address a director, where it includes a partner; they should have a go at addressing that individual first. He might not have perceived that what they were stating added up to segregation. Everybody merits a work place liberated from separation and generalizing. The more men who keep on preparing to become medical attendants and more everybody talks except against separation, the more successful all medical caretakers can be in helping patients. Medical attendants who are explicitly badgering at work dissatisfaction and enthusiastic outcomes. Inappropriate behavior at work expands uneasiness and sabotages the nurse’s capacity to concentrate on the conveyance of sheltered and skilled consideration. Yearning to go home, climate and food are difficult for the Filipino medical attendants to be balanced of. In any case, for their future they vanquish this issue. They simply believe that they have higher salary, better advantages and pay bundle, lower nurture quiet proportion, more alternatives on working hours and change to redesign nursing aptitudes, open door for family to relocate, chance to travel and learn different societies, impact from friends and family members and to encounter advance innovation, better socio-political and financial security. Q3. Guided by the issues revealed how the political and monetary issues in the human services framework may improve the nursing practice. Give at any rate five (5) considerable confirmations. Legislators overall are defied by the clashing requests of a wellbeing administration progressively hungry for money to support propelling innovation, a maturing populace requiring more consideration and an open that desires to keep tax assessment low. Changes may likewise originate from a genuine want to move the focal point of human services from an uncaring innovative way to deal with one dependent on all encompassing consideration. When the status of specialists is in decay, hurried by disengaged yet prominent ‘scandals’, it is simpler to raise the status and obligations of attendants, whom the open respect with deference and fondness. Different weights have added to this procedure. These incorporate a prerequisite to diminish the working long stretches of junior clinical staff, and new preparing plans which accommodate progressively formal instructing and less up close and personal contact with patients. The clinical center is changing from treatment just, to dynamic avoidance methodologies for instance, screening for colorectal malignant growth. Natural treatments, for example, antibodies for Crohns illness, are generously more costly than conventional medication medicines. Purchasers that is, the social insurance looking for publicare better educated and living longer. They are less open minded of long holding up records and need to be dynamic members in their own human services. Medical caretakers are currently commonly better instructed, inside a college domain, and are increasingly ready to assume on liability for quiet consideration. The response of specialists to change in the status of medical attendants has been blended. Some have grasped change eagerly: ‘Nurses can do some of what specialists do, for the most part to the more noteworthy fulfillment of patients. Others have been increasingly watched. In any case, change appears to be unavoidable. The inquiry might be progressively about whether change will be forced for political practicality or whether wellbeing experts will start to lead the pack in molding the wellbeing administration of things to come. [pic] As I can see this worldview, the message of this worldview is as basic as we are focused on conveyance of medicinal services administration that comprise of Transcultural nursing, evolving practice, human services framework, political and monetary issues, moral, lawful and social issues, bioethical issues in nursing and medicinal services and issues in human services.

The Risks on Experimenting with Drugs, Especially by Youth - 550 Words

The Risks on Experimenting with Drugs, Especially by the Youth (Coursework Sample) Content: The Risks of Experimenting with Drugs[Name of Author]The Risks of Experimenting with DrugsAccording to Cohen (2000), many youths and adults experiment with drugs for a number of reasons. These include peer pressure, the desire to identify with various societal classes, the need to get relief from boredom, addiction, attempts to escape from problems, and the general belief that drugs make individuals relaxed and blissful. However, most of them remain ignorant of the potential risks posed by the drugs they consume. As indicated by Chasnoff (2010), the classification of drugs presents three broad categories. These encompass stimulants, sedatives, and hallucinogens. The highest amount of risk in experimenting with drugs occurs when expectant mothers consume drugs. This is because such activities pose danger to the mother as well as the unborn child. Other potential risks include sexual dysfunction, brain damage, kidney poisoning, cancers, and many other diseases (Cohen, 2 000).An analysis by Golden and Peterson (2009) indicated that individuals who experiment with hallucinogens for the first time are exposed to numerous undesirable health effects. Instant irritability, relatively increased aggression, violence, and criminal tendencies are among the most common risks faced by such personalities. Stimulants also raise anxiety levels, increase heartbeats, and may sometimes result in instantaneous death. Further, sedatives bear the ability to cause kidney poisoning and sexual dysfunction. It is worth noting that combining numerous drugs leads to complex conditions, the risk of damaging various body organs, and unstable mental conditions (Golden and Peterson, 2009).Golden and Peterson (2009) affirmed that addiction has continuously prevailed as a leading problem caused by drug experimentation. When individuals consume drugs for the first time, it may influence various body organs like the brain in a way that the body continues to demand more of the drug. As a result, individuals end up entrapped in a continuous cycle of consuming the drug repeatedly. The most outstanding reason that sustains addiction is the possibility of experiencing withdrawal syndromes in the event that individuals stop taking drugs. Another approach to addiction by Cohen (2000) explained that it comes with secondary risks, which include economic overdependence, worsened health conditions, and reduced ability to fulfill career and family demands.Despite the fact that many harmful drugs are easily available on the streets, Chasnoff (2010) contended that most governments and numerous authorities outlaw a large number of these drugs. To this extent, possessing, transporting, and experimenting with them would mean risking arrest or other consequences set by the authorities. The International Association of Athletics Federations (IAAF), Badminton World Federation (BWF), International Judo Federation (IJF), International B...

Gender Roles In Alfred Hitchcocks Rear Window And...

Gender roles have been, and unfortunately still are, evident in our everyday lives for quite sometime. Women are often portrayed as sexual objects, or delicate individuals; a body with no brain or strength. These traits are easily found within many novels and movies- old and new. In Alfred Hitchcock’s films, Rear Window and Strangers on a Train, Hitchcock begins his films representing women with the same characteristics as stated above. They are very stylish, attractive and presented as second-class individuals to males. But after examining these two films, Hitchcock does something that many directors in his time would not have dared to do. By making the women the heroine and arguably the protagonist of the storyline, Hitchcock proves to†¦show more content†¦Bruno goes through with this plan and strangles Miriam at a local county fair. While Guy doesn’t want to kill Bruno’s father, Bruno threatens to blame him for the murder of his wife, while using a li ghter that Guy left behind on the train as evidence against him. Guy receives help from his true love, Anne Morton, and her sister, Barbara, by devising a plan where he won’t be accused of murdering his own wife. In this movie, the male castration is that Guy is unable to get out of the trouble he has come across without the help of Anne and Barbara. Again, the representation of a man being helpless and powerless are traits commonly assigned to female characters. Whereas the representation of women being smart and helpful are commonly assigned to male characters. Hitchcock purposely gives the â€Å"male† characteristics to women characters and â€Å"female† characteristics to male characters in order to challenge the stereotypical gender roles. Even though Hitchcock presents women as heroes and has taken them outside the so-called â€Å"norms,† women still tend to fall in line with gender-role stereotypes at one point or another. For instance, in Rear Window, Lisa is introduced as this beautiful, a high-society fashion consultant in New York City. She is in love with Jeffries, but Jeffries insists that they cannot marry because she cannot live his lifestyle, which involves traveling around the world and livingShow MoreRelated Sexual Innuendoes in the Films of Alfred Hitchcock Essay example3477 Words   |  14 PagesSexual Innuendoes in the Films of Alfred Hitchcock When watching an Alfred Hitchcock movie, have you ever found yourself sympathizing with a deceptive seductress or a soon-to-be sex offender? If so, you may have felt guilt from watching such sexual innuendoes, but don’t feel too bad. This is just one of the intents of Alfred Hitchcock as he weaves many of his tales with sensual characters. His films portray a vast array of sexuality from showing a battle of the sexes and tales of romance toRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesin diverse settings. She places special emphasis on the important but often overlooked roles they played in politics, particularly those associated with resistance movements, and their contributions to arts and letters worldwide. Drawing on the essay collections and series on women in world history that she has edited over the past decade, Smith’s fully global perspectives make clear that even though gender parity has rarely been attained in any society and there have been major setbacks or few

The Dark Romanticism Of Edgar Allan Poe - 1497 Words

Edgar Allan Poe was a prominent writer during the era of Romanticism, but Poe’s poems focused primarily on the Dark Romanticism, developed under Romanticism. The era of Romanticism was commonly described as showing raw emotion, but there was still a conflict in the story. The purpose of Romanticism was for the writer to feel free; there were no rules when it came to this form of writing. Dark Romanticism was looking at the gothic side of stories rather than the heroism stories, which focused more on death, and the flaws of humans. Dark Romanticism also focused on the evil aspect of writings rather than the heroic part to stories. Edgar Allan Poe’s poems are shown more in this type of writing rather than the typical Romantic writings. When looking more into Dark Romanticism readers are able to see how Poe could have connected his personal turmoil to his poems. The University of Delaware’s library says, â€Å"Suffering for offenses against God, man and Nature, the hero-villains wander the earth, alone and misunderstood. Their personal torment in a vast universe is emphasized by desolate settings of icebound seas, jagged mountains and bottomless abysses: imagery that would inspire artistic, literary, and musical compositions,† (Dark Romanticism). This quote shows readers that writers during the Dark Romanticism era used their own sufferings in order to make the stories seem more dramatic and almost human. Looking into the poems â€Å"Annabel Lee† and â€Å"The Raven†, readers are able to seeShow MoreRelatedEdgar Allan Poe : A Gothic Romanticism Or Dark Romanticist1562 Words   |  7 Pages Edgar Allan Poe is often considered one of the most famous, influential writers of the 19th century, and even today he is still revered for his more famous works, which are still taught and studied in schools and universities around the United States. His work is considered to be heavily influenced by the many hardships he faced during his lifetime, which can be seen in almost all of his poems or short stories. Poe is considered a gothic romanticism or dark romanticist, due to his fascination ofRead MoreEssay on The Romantic Side of Edgar Allan Poe 1061 Words   |  5 Pageshas a trace of romanticism in it. Romanticism started around the 1800’s as a contradiction to rationalism. Rationalism was a thinking that attempted to use rational thinking and reason to solve the problems being faces at its time. Romanticism is basically the opposite of those thoughts. Romanticism is described as, a revolt against Rationalism that affected literature and the other arts, beginning in the late eighteenth century.(Elements of Literature, Page 1179). Romanticism bases its problemRead MoreAnalysis Of Nathaniel Hawthorne s The Great Gatsby 1416 Words   |  6 PagesMassachusetts, the Dark Romanticism author lived with some injuries, such as the death of his father. Yet, the wealth of his uncles helped him follow the dream s of becoming a writer. Hawthorne originally had no â€Å"w† in his name, yet he wanted to separate himself with the connection of one of his ancestors, John Hathorne, who was accused of using witchcraft. Edgar Allan Poe, born in the year 1809, in Boston, Massachusetts, was also a writer in Dark Romanticism. An orphan at a young age, Poe was going throughRead MoreEdgar Allan Poe Research Paper931 Words   |  4 Pages2012 Edgar Allan Poe Edgar Allan Poe was a sick man that went through a troubling life full of tragedies. For Poe to deal with this he drank and poured his feelings into his works. Honestly as horrible it is that he had to go through all of that we should be grateful because without his suffering these masterpieces wouldn’t have been fabricated. While intensifying his philosophy for short stories Edgar Allan Poe wrote â€Å"The Fall of the House of Usher† reflecting the characteristics of Dark RomanticRead MoreSetting in The Fall of the House of Usher by Edgar Allen Poe881 Words   |  4 PagesSetting in The Fall of the House of Usher Dark Romanticism was very popular in 19th century America. It is literary genre that emerged from Romanticism and Transcendentalism. Tenets of Transcendentalism included finding God in nature, and seeing beyond the physical world. Dark romanticism examines the conflict between good and evil and the psychological effect of sin and guilt in the human mind. One very famous Dark Romantic writer is Edgar Allen Poe. Poe is very well known for his many poems andRead MoreAnalysis Of Edgar Allan Poe s The Raven And The Fall Of The House Of Usher 896 Words   |  4 PagesEdgar Allan Poe is an extremely well known American writer and is famous for his horrific and mysterious works such as, â€Å"The Raven† and â€Å"The Fall of the House of Usher.† Poe was born in 1809 in Boston, Massachusetts in an era that seems to have many dark and ominous writers and pieces of literature originating from that time period. Poe is said to have launched the interest in many of the detective type stories that we read from modern day writers. â€Å"In the early 1800s, romanticism was the dominantRead MoreEdgar Allan Poe Biography. By. Alyssa Marshall.1260 Words   |  6 Pages Edgar Allan Poe Biography By Alyssa Marshall Mrs. Guinn English III March 6, 2017 Abstract Edgar Allan Poe was a writer in the â€Å"Gothic Era†, many of his stories genres are horror like â€Å" The Masque of The Red Death†, mystery such as â€Å" The Fall of The House of Usher†, lost love as in â€Å" The Raven†, and obsession such as â€Å" The Pit and The Pendulum†. Edgar’s poemsRead MoreAn Analysis Of Edgar Allan Poe s Life1497 Words   |  6 Pageswith an Author Framework Edgar Allan Poe was born in Boston, on January 19th, 1809 and was best known as a writer of dark poetry and short stories. Poe had an interesting and somewhat tragic upbringing , he was orphaned as a young child and then raised by an affluent couple called John and Frances Allan from Richmond, Virginia. Poe spent 5 years in England as a young child and studied different languages , however his universityRead MoreEdgar Allan Poe s The Masque Of The Red Death1300 Words   |  6 Pagesin which Poe wrote his short story, Masque of the Red Death According to Edgar Allan Poe in his short story, â€Å"The Masque of the Red Death† â€Å"No pestilence had ever been so fatal, or so hideous.† Even though plagues had been common throughout the years, none of them had been as hideous as society was during the Movement. In his short story â€Å"The Masque of the Red Death†, Edgar Allan Poe demonstrates that people are naturally born evil, during the Anti-Transcendentalism a nd Dark Romanticism time periodRead MoreSymbolism Of The Raven By Edgar Allen Poe1045 Words   |  5 Pagesinvisible† (Morris). Symbolism increases the meaning of the story, as well as captivates the reader’s attention to a deeper degree. It encourages the reader to think and attempt to find the hidden meaning within the narrative itself. As a poet Edgar Allen Poe occupied his narratives with literary elements. Symbols become one of the most predominant elements in his works of literature. Consequently, in his concise poem â€Å"The Raven,† the literary element most noted by the reader is symbolism. Characters

Capital Structure Debt Financing

Question: Discuss about theCapital Structurefor Debt Financing. Answer: Leverage Implication for Debt Financing Debts are borrowed money from creditors and when companies take on debt, they are said to be leveraged. In other words, highly leveraged organizations are those that pursue relatively high amounts of debt. Although, debt represents an obligation towards creditors, it is helpful for existing owners due to the effect of financial leverage. Furthermore, defaulting on a loan can result in bankruptcy and financial distress, especially if the company is highly leveraged, and is encountering problems paying off various creditors. Even so, debt is regarded as a major financing choice because when companies utilize debt to offer further capital for their business activities, equity owners gain an opportunity to keep extra profits generated through the debt capital, after payment of interests (Horngren, 2013). Equity investors possess a higher equity return due to additional profits offered by debt financing, given the same equity amount. Besides, debt represents how risks are borne by shareho lders and therefore, debt financing enhances the risk shareholders must encounter in reducing the stock price on a per-share basis. Thus, all things being equivalent, the highly leveraged stock price of a company is lesser than a company with relatively low leverage (Williams, 2012). Decomposition of ROE model, also called DuPont Analysis is an expression that breaks Return on Equity into three different parts. This analysis assists an analyst to understand the origin of inferior or superior return by comparison with organizations in similar businesses. The ROE ratio is a measure of the rate of return to the shareholders. Decomposing the ROE into several factors plays a key role in influencing the performance of a company. It presents ratios utilized in fundamental evaluation. Firstly, the tax burden of company is Net Income / Pretax Profit. This is the profit proportion retained after payment of income taxes. Secondly, the interest burden of a company is pretax gain / EBIT (Guerard, 2013). This indicates firms with no financial leverage or debt. Thirdly, the Return on sales of a company is EBIT / Sales. Fourthly, the asset turnover of a company is Sales / Assets. Fifthly, the leverage ratio is Assets / Equity. Lastly, the compound leverage factor is Interest bur den * Leverage. Therefore, after decomposition of ROE model, the equation comes to: The leverage implications for EPS is that financial leverage can enhance such EPS as long as the after tax expense of the debts are less than the return on investment on the borrowed money. Moreover, as the debt equity ratio enhances, the risk of leverage also enhances and any alteration in the situation of company can cause the leverage to possess a negative influence. Besides, if the return on equity of a company declines, it must still cover the interest expense of debt that means a more pronounced decline in earnings per share than if there were less leverage (Horngren, 2013). A high degree of leverage depicts that the EPS of a company is more volatile. For instance, if company ABC has an EBIT of $50 million, interest cost of $15 million and outstanding shares of 50 million in the first year. The outcome of ABCs EPS comes to 70 cents ($50 million - $15 million) / (50 million). In the second year, if ABC has EBIT of $200 million, interest expense of $25 million and outstanding sha res of 50 million. The resulting EPS comes to $3.50 ($200 million-$25 million) / (50 million). On a whole, the resulting financial leverage of ABC comes to 1.33 (($3.5 - $0.7)/$0.7) / (($200 million - $50 million)/$50 million). Hence, if the EBIT of the decreases or increases by one percent, the degree of financial leverage portrays that its EPS increases or decreases by 1.33%. Capital Structure Theory Capital structure theory is a key in taking any management decision regarding the equity and debt mix of the organization. Wherein the intent of every management is to increase the benefit to the shareholders of the organization, however, it has both good effect and a bad effect attached with the same. Though increasing the debt in the capital structure helps in reducing the tax payments as the interest being paid on the debt taken by the organization is a deductible expenditure while computing the tax payable of the organization but it creates an obligation on the management to pay high interest which in long term becomes difficult for the organization to continue with the same (Laux, 2014). This leads in bankruptcy. As the obligation becomes difficult for the organization to meet, it ultimately leads in non- payment of interest as well as the debt taken by the organization. On the other hand side if there is no tax benefit attached with the debt being taken then the organization wi ll obviously be interested in meeting its capital requirements by increasing the equity i.e. by raising share capital structure of the organization. This would definitely lower the bankruptcy rate as the organization will not be under pressure to repay the debt and the fund of the shareholders will be used for the meeting the capital requirements of the organization. There are various theories having different implications. One of it is signaling theory which is an important tool in considering the debt equity mix for the capital structure as is an organization would increase the equity then it would indirectly send a signal to the investors that the organization may be facing liquidity issues and also it results in diluting the share value. On the other hand if the organization raises debt to fulfill its requirement and the organization is unable to meet the repayment of debt then credit rating will be downgraded which would send a bad signal to the investors. However, debt is usually preferred over equity. As per the constraining managers theory the management tries to reduce the cash flow but a risk arises if the managers are unable to service the debt on time and the organization becomes bankrupt it automatically results in the managers losing their job which is a bad decision of the management (Williams, 2012). Pecking order hypothesis theor y states that the capital requirements of an organization should be met through the income generated by the organization, then it should use the funds by selling it short term marketable securities, if more funds are required then the organization should take debts from the market, then it should issue the preferential shares in the market and get money through this only after that it should raise money through the issue of equity shares in the market. According to windows of opportunity theory, an organization waits for the right time when it can get a particular at a right rate. This helps the investors in understanding that the management is trying to keep the costs low. Overall it has been understood that taking debt from the market is always better than raising fund through issue of equity. Debt Choices Making this choice between debt and equity and how much debt to carry in the books is an important decision for each company. This factor is also highly affected by the kind of industry that the firm is. Firms with low inventory and high cash business requires less debt as they need not invest in high infrastructure and hence less debt. Debt is usually needed to invest in long term asset creation (Fields, 2011). This long term effect of the debt has a direct bearing on the asset-liability equation of the company and has to ensure that liquidity does not go bust. Another factor affecting the choice of debt is the firm's credit rating, size, market-to-book ratio, profitability, degree of leverage, and tangible assets. Some industries make a lot of use of debt such as airlines, real estate, utilities and financial services (such as banks). The reason is that the main asset or selling point of these firms is aircrafts, buildings and land, loans respectively which cannot be bought directly and is usually leased and rented out. This creates the debt component on the balance sheet (Fields, 2011). For example telecommunications industry needs to build towers across the landscape to ensure connectivity, purchase spectrum during government auctions as these are its assets which create the services. Thus these companies carry a high Debt-equity ratio and it is important to note the importance of this number along with a few other indicators (Brealey et.al, 2014). These companies will have a high fixed interest rate and a high financial leverage. Normally industries such as services go with the acceptable debt equity ratio of 1 -1.5 that is Liabilities/Equity. Capital intensive industries need a higher number in its normal operation usually more than 2. This is generally accepted debt- equity typical of each industry. Generally a high debt-to-equity ratio indicates a companys inability to satisfy its debt obligations. However a very low debt-equity might also indicate that the company is not taking advantage of its financial leverage available to it. Also, industries like airlines which make use of operating leases are allowed by accounting laws to keep the capital leases as an off-balance sheet item but the right way to look at debt is to add these to the debt in the balance sheet as they are similar to debt in nature. Among them are aerospace and defense, along with those companies which are manufacturers of general building materials and farm and construction machinery (Graham Smart, 2012). The average debt-to-equity ratio for the industrial goods sector can be as high as 1.90. The average for the services industry was 1.6 and the average for utilities was 1.40. The finance sector's average debt-to-equity ratio in the U.S was an eye-popping 2.6 in 2015. Within the sector, the mortgage investment industry showed an average of 8.9. This huge disparity between debt and equity for financial companies when compared to other industries is not a cause for concern. As discussed, a financial company such as a bank borrows money at a lower rate and lends the money at a higher rate, making a profit on the spread between the two (Leo, 2011). Hence it is important to take care of such nuances while looking at companies financial positions. Companies need to issue bonds and prefer that rather than sell additional shares because of the lower cost of debt, as also because interest payments are tax deductible. Issuing additional shares also dilutes the fractional ownership of shareholders and can affect and halt managerial decisions (Albrecht et. al, 2011). What matters is whether the company invests the proceeds from its borrowing into projects that generate a return above its cost of capital. It is important to study the background of the industry, its operating environment and its nuances to really understand if a particular firm is carrying excess debt or following the norm. References Albrecht, W., Stice, E. Stice, J. (2011). Financial accounting. Mason, OH: Thomson/South-Western. Brealey, R, Myers, S. Allen, F. (2014). Principles of corporate finance. New York: McGraw-Hill/Irwin. Fields, E. (2011). The essentials of finance and accounting for nonfinancial managers, New York: American Management Association. Graham, J. Smart, S. (2012). Introduction to corporate finance. Australia: South-Western Cengage Learning. Guerard, J. (2013).Introduction to financial forecasting in investment analysis. New York, NY: Springer. Horngren, C. (2013)Financial accounting. Frenchs Forest, N.S.W: Pearson Australia Group. Laux, B. (2014). Discussion of The role of revenue recognition in performance reporting. Accounting and Business Research, 44(4), 380-382. Leo, K. J. (2011). Company Accounting, Boston:McGraw Hill Williams, J. (2012).Financial accounting. New York: McGraw-Hill/Irwin.