Discrimination of Women During the Elizabethan Era The...

Throughout the Elizabethan era, men had more advantages than women. William Shakespeare’s The Taming of the Shrew has characters such as Petruchio, Baptista, Katherine, and Bianca that show how men overpowered women. During the Elizabethan era, there was heavy sexism. Women were discriminated. Through Shakespeare’s language, men could speak to and about women in a disrespectful and derogatory manner. Women were voiceless and deprived of their right to speak. Women were inferior to men. During the Elizabethan era, through Shakespeare’s language, and in Shakespeare’s The Taming of the Shrew, it is proven that men had more advantages than women. People in the Elizabethan era demonstrated the heavy sexism during that period in†¦show more content†¦However, a man without a wife is no different than a man with a wife. Men had many more advantages than women during the Elizabethan era. Men had the authority to say whatever they wanted to, no matter what it was. Although they were allowed to do a lot more that women, they were also allowed to say a lot more than women. Men did not really have boundaries when it came to speaking. They were allowed to speak their mind and have an opinion. Men could speak to and about women in a disrespectful and derogatory way. Women were also allowed to have an opinion, but they were not allowed to express it to others. Women were voiceless. They were deprived of their right to speak. The title itself, The Taming of the Shrew, already proves how strong men were compared to women during that time period. If a woman wanted to speak their mind, they would be criticized and judged. They would gain a bad reputation because women were expected to listen to men and follow their commands. However, Katherine did not like that. Instead, she spoke her mind and refused to do certain things. As a result, nobody liked her. They viewed her as a â€Å"fiend of hell† (I.i.90). A man would not be called that though. On the other hand, if a man did the same thing, no one would care. â€Å"Much more of shrew of thy impatient humour.† (III.ii.29) This proves that even the woman’s father would call their daughter a â€Å"shrew†. This was also normalShow MoreRelatedWilliam Shakespeare s Taming Of The Shrew1676 Words   |  7 Pagescontinue to do so because they grapple with economic and social issues that people of all ages, from all walks of life, can relate to. Shakespearean plays ideally encompass these viewpoints; they can be tragic, comedic or even romantic. Taming of the Shrew by William Shakespeare explores the marriage between a shre wd woman, Katherine and a willing suitor, Petruchio. Petruchio challenges himself to try and transform shrewd ways of Katherine to turn her into the ideal and obedient house wife by using various

It’s Time to Put an End to Corporal Punishment in Schools...

It’s Time to Put an End to Corporal Punishment in Schools Seven countries-Sweden, Finland, Denmark, Norway, Austria, Italy and Cyprus- have laws making it illegal for parents to use physical punishment on their children. Corporal punishment in schools has been banned in all the countries in Europe, South and Central America, China and Japan. The United States has outlawed corporal punishment from our prisons as cruel and inhumane treatment, as well as wife-beating, once thought to be the right of a husband. Why don’t we afford the same protection to our children? Our culture sanctions the use of corporal or physical punishment as a way for parents to discipline their children. Just a few weeks ago Marvin Munyon,†¦show more content†¦It doesn’t teach them self-control or ways to change their behavior other than not getting caught misbehaving. One of the ways kids learn is by watching and mimicking the world around them, especially their parents. They are quick to learn when words and actions don’t coincide, for example, when a parent spanks a child because the child hits someone else. Being a parent is not an easy job and it takes time and patience to discipline children. After a year of implementing a specific discipline for my daughter’s temper tantrums, I witnessed my daughter exercise self-control at the age of three. Temper tantrums were her specialty. When my daughter flew out of control I would put her in her room until she calmed down. Then she was allowed to rejoin the family and finish the task she was asked to do, or apologize depending on the circumstances. In this particular instance, when my daughter got angry she picked up her blanket and stomped upstairs crying without me saying a word other than she couldn’t play her musical instruments in the same room while her sister was watching television. She stayed upstairs for about ten minutes. After that, she came downstairs and proceeded to play quietly. I sat there in utter amazement! She had disciplined herself. To discipline a child we must first consider the problem and why the child is misbehaving. Are we expecting too much from the child at their age?Show MoreRelatedCorporal Punishment Is A Form Of Physical Punishment1363 Words   |  6 Pages Corporal punishment is a form of physical punishment that inflicts pain on kids for their negative actions such as spanking. This topic is controversial because some people feel very strongly that they should be allowed to continue using these methods and others feel very strongly that they should not be allowed to. I feel as if this method of punishment is inhumane and should not continue to be used. The modernization of psychology has proved that hitting children will not help them learn thatRead MoreCorporal Punishment Is A Barbaric, Ineffective, And Counterintuitive Method Of A Person s Misbehavior1338 Words   |  6 Pages Corporal Punishment Physical harm for actions deemed negative has been a part of human civilization since the beginning of time. Corporal punishment is the act of inflicting physical pain onto another because of their wrongdoing. It has been in the spotlight of intense scrutiny and defense since psychology and the understanding of punishment in general has become more prevalent. It has been used in almost all walks of human life. Schools, homes, jail, etc. have all used or still use corporal punishmentRead MoreSpanking? Never Heard of It Essay882 Words   |  4 Pageshates his son, but he who loves him is diligent to discipline him.† Ever since biblical times, spanking has been the most dominant, widespread discipline for children. Since many Americans claim Christianity, they follow the Holy Bible. Although spanking is a ritual type of discipline that has been among humans since biblical times and even before Christ, the world has grown and evolved to find other ways of punishment and disciplin e for their children. But since high rates of parents being arrested forRead MorePhysical Punishment and the Effects2297 Words   |  10 PagesNovember 19, 2013 Research Paper Physical Punishment and the Effects A fearful child walks slowly, but carefully to his house from school. Walking home feels faster than usual and before he knows it, he walks into the front door as quietly as possible. He gets a sort of relief when he finds out he is home alone. Seconds later, he gets that turned feeling in his stomach again. He knows he awaits for the worst. What he has done wasn’t so bad, but it’s enough for him to know he will probably getRead MoreConstitutional Law Research1028 Words   |  5 Pages * There are nasty criminals out there who commit horrific crimes; such people who are convicted in a court of law should be executed. Or†¦ The death penalty should finally be put to death by the Supreme Court. * Though I’m patriotic and love the pledge, it’s simply unconstitutional and needs to be removed from schools. * Abortion is wrong; it shouldn’t be legal. Or†¦ The right of a woman to control her own body is a private matter. * Too many guns out there†¦ we have to start doing somethingRead MoreTough Love Approach on Children2387 Words   |  10 Pageswhole new way of raising a child especially when it comes to them growing up in the long run. Many people would look down upon â€Å"tough love† considering they want to see their child content and corporal punishment would of course upset them. The road to taking a tough love approach may be rough but in the end, it would all be worth it. I believe all parents should take a tough love approach in raising their children to benefit them in the future. An interesting research would state tough loveRead More stop spanking: save the children Essays1258 Words   |  6 Pages Spanking has been used for many years and it must come to an end. Also known as corporal punishment, spanking is most often used as a form of discipline. Although it is said to have some benefits, the negative consequences far outweigh the good. According to Dr. Wilson and Dr. Lyon, â€Å"physical punishment delivered in anger with the intent to cause pain is unacceptable and dangerous to the health and well being of the child.†( Guidance for Effective Discipline, online) It is important for spankingRead MoreThe Bill Of Rights : The Rights Of All American Citizens1728 Words   |  7 PagesMadison in December 15, 1791 and was officially put into effect in March 1st, 1792. The Bill of Rights consists of ten amendments, which protects the natural rights of all American citizens. A major variety of these ten amendments helps assure the protection of some aspects that contribute to our daily lives. One amendment that stands out is the 8th Amendment: â€Å"Excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted.† This amendment provides AmericanRead MoreDisobeying Orders8735 Words   |  35 PagesWhen we were younger we were always told by our parents to behave and follow the rules in school and to be nice to the other children. At school they had a set of rules that we were meant to follow and abide by them. Here in the Marine Corps is no different there are many rules and regulations that are meant to be followed under the UCMJ Articles. It’s important to keep following the orders you are given and that you follow these rules exactly like you are ordered to do so. In this essay I will beRead MoreA Portrait Of The Artist As A Young Man By James Joyce1929 Words   |  8 PagesWhen I was going in, primarily because of my experience from reading Angela’s Ashes the year before, I just expected it to be a lyrical jaunt through a turbulent childhood. But I was soon disproved, and the novel proved more difficult to read. While it’s short, it is not easy because of the ‘stream of consciousness’ style of writing and odd dialogue style that was occasionally difficult to follow. Sometimes, despite being a short novel, the read would drag. I don’t think I’ve ever chosen to read a

The Economic Feasibility Study Free Essays

The economic feasibility study of a project is an estimate of the potential profitability of that project, or a study that measures the expected benefits from a certain project relative to its cost (Johnson and McCarthy, 2001; Wong et al., 1999). Examples of construction projects include highways, tunnels, bridges, water mains, dams, sewage systems, water treatment plants, power generation plants and pipeline networks. We will write a custom essay sample on The Economic Feasibility Study or any similar topic only for you Order Now Infrastructure projects can be classified as large construction projects that utilize vast amount of resources in terms of money, materials, labor, equipment and time (Salman et al., 2007; Kulkarni et al., 2004; Morley, 2002). Economic feasibility studies need to be conducted prior to the construction of infrastructure facilities due to the ponderous disbursement on infrastructure projects which needs to be weighed against the expected benefits resulting from these projects to the public and the national economy. However, Owner decision makers and financial institutions build their decisions to proceed with and/or finance any project based on the results of the feasibility study of that project (Abou-Zeid et al., 2007; Vancas, 2003)in other to ensurethat the validity of economic feasibility studies of infrastructure projects is a vital step in ascertaining decisions related to the construction of infrastructure facilities are based on consistent and standard procedures that avoid the use of misleading or inadequate information. Economic benefits include the profits the project owners earned, taxes that are paid to the governments, benefits to the clients etc. Theoretical Framework Theoretical framework for the study is based on cost-benefit analysis of a construction project. Inability of the quantity surveyor to properly ascertain if a project is viable can lead to loses or project failure. The analysis is to determine the success factor, risk assessment and management, repition of project scoping and scaling, estimate the financial return, and select possible project options through the use of cost benefit analysis. Therefore a major theoretical approach that will be used for the study is to examine the cost-benefit of a construction project. Cost-Benefit of Construction Projects The major cause of project failure is described as the variation or deviation from the original project plan. Project monitoring and control could only effect corrective actions to bring deviated project plans on course, but failed to be mindfulness of identifying and analyzing the root causes of such variations. Also project monitoring and control are not final cost and time effective to implement. Therefore, this study intends to fill those gaps created by project monitoring and control. Oberlender (2000) in his reports states that there is proneness for some designers to make changes during design in order to please clients without regard to the effect on these changes on the project final cost and schedule. He furthermore by saying that changes can be catalogued as either project development or scope growth. Project development relates to changes that are needed to give consideration to the scope as currently defined scope growth relates to changes that alter the projects original scope; the scope that was approved before starting the design process. These changes, though inevitable usually add final cost and time to the original design. The usual practice is that the lead designers must develop a system of monitoring the design effort to ensure that work is progressing without excessive billable hours, but is still producing adequately defined plans and specifications for the contractors to execute the work during construction. Though this will reduce the contractor’s complaints of pretty drawings in construction that are full of error and lack constructability, they will still add to final cost and time of the project. This study favors’ identifying the prominent factors responsible for scope growth and other variations in plans, address them accordingly before the final project design with a view of mitigation or eliminating the negative effects. Therefore It is compulsory that every propose change must be subjected to a formal review and approval process that considers final cost and schedule implications as well as the quality specification and standards; plus consequential effects on other activities. The authority to approve changes during design must be limited. It is a fact of life that changes the variations in plans occur during the implementation stages of project and they might result to project failure if not properly rectified. nevertheless project managers need to be always ready to address the problems. The earned-values system presented by Oberlender (2000) can be determined by multiplying the percent complete times the budgeted designed hours for each task. The earned-value can be compared to actual design-hours billed to the job and the planned design-hours to measure the performance of the design process. Earned-value = Percent complete x Budget for that account Percentage completion = Actual final cost or work-hours to date Forecast at completion For the determination of the overall project percent complete, therefore; Percent complete = Earned work-hours/Naira all accounts Budget work-hours/Naira all accounts Final cost performance index (CPI) = Sum of earned work-hours of task included Sum of actual work-hours of task include Schedule performance index SPI = Sum of earned work-hours to date Sum of scheduled work-hours to day Scheduled variance (SV) Earned work hours or naira-Budgeted work Hours or Naira SV = BCWP – BCWS Final cost Variance (CV) = Earned work-hours or Naira-Actual work-hours or Naira CPI = BCWP – ACWP Where BCWP = Budgeted final cost of work performed BCWS = Budgeted final cost for work scheduled ACWP = Actual final cost of work performed CPI = final cost performance index problems. The original final cost estimate is the budget actual final cost (BAC) in the earned-value analysis. Therefore, if the original final cost estimate for the project is incorrect, then all progress measurements during execution of the project would be measured against an incorrect budget. The system of recording final costs charged against the job must be consistent to provide realistic comparisons from one reporting period to another. Also the method of measuring work completed must be consistently applied from one reporting period to another, otherwise the predicted status of the job will vary widely. Each project must be assessed based on the unique circumstance and conditions that apply to the project in order to use the earned-value system to manage the project. The partial list of items that can cause the final cost or schedule to vary from the original project plan are presented by Oberlender (2000) as follows: estimating errors, technical problems, design errors, test data problems, constructability and equipment problems, scope control (change orders), management problems, personnel skill level, resource availability organization structure, economic/inflation, delay material deliveries, delay equipment deliveries, poor production rates, subcontractors interference and delay, act of God (weather, fire, flood etc). Telsang (2004) also observes that the following affects plan; non availability of materials due to shortages or late delivery, plant, equipment and machine breakdown, change in demand, design and rush orders, absenteeism of workers, and lack of communication among various functional areas of business. In a similar vein, variation factors of quality plans are usually described as assignable variation. According to Stevenson (2002), unlike natural variation, the main sources of assignable variation can usually be identified (assigned to a specific cause) and eliminated. He further states that; tool wear, equipments that needs adjustment, defective materials, human factors (carelessness, fatigue, noise and other distractions, failure to follow correct procedures and so on) and problems with measuring devices are typical sources of assignable variation. Some challenges faced by the analysis includes: The poor awareness of the importance of feasibility/viability analysis Benefits are not easily quantifiable in terms of social, economic and environmental benefit. The scope of feasibility/viability was poorly judged. How to cite The Economic Feasibility Study, Papers

Simple Strategies For Maximum Market Return -Myassignmenthelp.Com

Question: Discuss About The Simple Strategies For Maximum Market Return? Answer: Introduction This report is prepared for enhancing the knowledge of financial market of Australia for taking the investing decisions related to stock market in better way. For completion of this report, two companies are selected such as Macquarie Telecom Group and Telstra Telecommunication. This report will focus on conducting top down and bottom up analysis for better understanding of the impact of economic factors on current economic growth of Australia and industry performance. Top down analysis is helpful to understand the economic conditions of a country. Industry and company analysis are also helpful for making the better investment decisions in the stock marketing. Moreover, bottom up analysis is beneficial for understanding the financial situations of both the companies. Investors of companies focus on analysis of the company value and competitive advantages to predict future performance of its stock price. For this, various financial ratios have been calculated and analyzed like current ratio, debt ratio, liquidity ratio, earning per share etc for both the companies. Macquarie Telecom Group The journey of Macquarie telecom group was started as an entrepreneur that has made difference between customer services and deregulated telecom industry. This company is dominated by the monopolistic competition with Telstra whose customer crush is very large. Whenever Macquarie has delayed adoption of the new technologies, it has affected profits of the company. Macquarie has fought with the deregulation by cutting down the prices and introducing new technologies for the customers (Macquarie, 2017). The main aim of this company is to focus only on one segment of the customers and provide them the better telecom services. Our customers are always important for us to gain success within the market or industry. Macquarie Company is dealing in three types of businesses such as Macquarie telecom, Macquarie services and Macquarie government. In Macquarie Telecom, it provides the several telecom services in the market like data, voice, mobile and collocation services. It was the first business of Macquarie group. Under Macquarie services, the company is dealing with IT specialist centre, cloud and dedicated server (Peter, 2012). IT related complaints come in this organisation. Lastly, Macquarie government is dealing with the cyber security, secure cloud and data centre services. It has worked with Australian defence and intelligence agencies. Telstra Telecommunication Telstra is a leading telecommunication and technology company of Australia. It provides the full ranges of services related to telecom sector across Australia. Business mission of Telstra is to create a connection in the future for everybody. The core values of Telstra telecommunication include care, trust, togetherness, simple and courage within employees within the organisation. Further, vision of company is to stay connected with communities, government, business and individuals (Telstra.com, 2017). The company has adopted various strategies to improve the customer experience, drive value and growth from the core of business for sustainable growth of the business. The company is providing better connection to customers, improving their lifestyle, and working through a better connection. It provides services to customers within Australia and outside of Australia also. It is the largest and fastest mobile network in all over the Australia. Fundamental Analysis Fundamental analysis is method of scientific analysis, as it tries to estimate the intrinsic worth of the company. It efficiently analyses the basic fundamental criteria of the company like sales, profits and balance sheet elements. It pays deep attention to a companys debt-equity ratio, earning per share, dividend payout, profit margins, interest, asset and dividend coverage, sales penetration, market share, product and market innovation and the promoters record of accomplishment. It is a conservative and non-speculative approach for valuating equity shares on value-based methods. It consists of three phases such as economic analysis, industry analysis and company analysis (Matt, 2016). In fundamental analysis, a study of comparative balance sheet, profit loss account will be conducted for each company. Economic Analysis From economic analysis, it has been determined that the economic growth of Australia has declined slowly. Economy of Australia has seen significant fall in fixed and public investment of the stock market in Australian exchange market. In economic analysis has considered the various factors that include the current changes in interest rate, foreign exchange rate and GDP. The current GDP (Gross domestic product) per capita income of Australia is showing an increasing trend from past years. For example, the per capita GDP of Australia has increased from 50952 US dollar in 2007 to 55670 US dollar (Trading Economics, 2017). The growth rate of GDP per capita income is showing a scope for sustainable business growth for both telecom companies across Australia (Nlkiforos, 2012). While, current exchange rate of 1 AUD is 0.80 US dollar in 2017. It means the value of Australian dollar against US dollar is good. But as compared to past years, the exchange value of Australian dollar against US do llar is at very lower level (i.e. 0.80 USD in 2017) than the value in 2011 (i.e. 1.09960 USD) (XE, 2017). This can be a negative factor for attraction of Australian economy for foreign investors. But, from analysis of GDP per capita of Australia, it can be said that consumers of Australia have the ability to pay for services offered by both the chosen companies. Moreover, the depreciation of Australian dollar has a positive effect on the export of goods. For example, companies that have export trade in US regions will enjoy competitive advantages. But at the same time, price of import of goods, foreign investment and overseas of travel shall be affected negatively. Additionally, the rate of interest in Australia is recorded at historical low level as on 5th September 2017 i.e. 1.5% (Trading Economics, 2017). Lower rate of interest is beneficial for the organizations, as they will be able to get bank loan at lower rate. Industry analysis Industry analysis is helpful for understanding the operating activities, financial key element and development of mobile, broadband and fixed line in sector of telecommunication industry. Further, telecommunication companies have trained their staffs for handling dynamic changes that occur in the market (Riaz, 2016). These changes include new technologies, low margin and competition in the traditional market within the Australia. Many developments are occurring in the telecommunication industry since last five years (i.e. from 2011 to 2015). These developments are affecting the competitive advantages of the telecommunication sector. These developments are creating pressure on the two Tier mobiles service providers to achieve the target and maintain the market share price in the Australia. Another development of telecom sector is growth in consumer demands for data services. Increasing demand of mobile data services will affect quality of services in the telecom sector. Meanwhile, consumers protection is also considered as important by the telecommunication sector of Australia (ACC report, 2016). Telecommunications operators are more focused on providing better services to the customers with the help of bringing in transparency in their services, bringing in new technologies and promoting the innovated product in the market. Company Analysis This analysis is helpful for investors to analyze different resources and capabilities within each company. It is helpful to identify companies that are more capable for creating and maintaining competitive advantages in the market of Australia. This analysis is more focused on management and financial situation of each company in telecommunication sector. Management of the Companies The management of both companies are very efficient and effective and focused on customer needs and wants. Investors might look at management to assess its capabilities, strengths and weaknesses of the companies so as to help investors in making better investment decisions. Financial analysis This is the second step of company analysis. In this, investors analyze the financial statements of both companies, which is helpful to take the better investment decisions (Wang, 2015). The Macquarie telecom group Company is more profitable as compared to Telstra communication. Macquarie captures higher market shares in stock market of Australia, because dividend ratio of Macquarie telecom group is high as compared to Telstra. Debt ratio of both companies is slightly different with each other, which affects the share price of the stock market in (ASX). For investment purpose, Macquarie telecom group will prove to be more profitable as compared to Telstra telecom. Bottom-up Analysis Abottom-upinvestigation approach focuses on analysisof individual stocks of the companies. In bottom-upanalysis, the investors focus on attention of the specific company rather than on the industry in which that company operates the business, or country economy as an Australian market (Eugene and Philip, 2012). Different ratios are calculated for both the companies for understanding the company value in the market. The calculation and interpretation of different ratios for both the chosen companies is as below: Telstra Company Ratio analysis From the annual report information that data related to the Telstras financial performance is evaluated on the basis of various ratios. Different kinds of ratio that have been calculated and analyzed are the profitability ratio, liquidity ratio, capital structure ratio and market performance ratio for the business in two consecutive years as 2016 and 2017. Ratio Analysis for Telstra Business Ratio Name Formula 2016 2017 Current Ratio Current Asset/Current liabilities 1.02 0.86 Current Asset 9340 7,862 Current Liabilities 9188 9159 Quick Ratio Current Asset-Inventories /Current Liabilities 0.91 0.76 Current Asset 8357 7,862 Inventories 557 893 Current Liabilities 9188 9159 Gross Profit Margin Gross Profit /Sales 0.54 0.48 Gross Profit 10465 10679 Sales 22685 22134 Profit Margin Profit Before Tax/Sales 0.24 0.255 Profit Before Tax 7648 5647 Sales 22685 22134 Debt Ratio Total Liabilities/Total Assets 0.65 0.57 Total Liabilities 27379 24573 Total Assets 42133 43286 Debt to Equity Ratio Total Liabilities/Total Equity 1.72 1.6877 Total Liabilities 27379 24573 Total Equity 15907 14560 Price Earnings Ratio Market Price Per Share/Earnings Per Share 2.22 1.12 Market Price Per Share 5.56 3.65 Earnings Per Share 2.5 3.25 Dividend Payout Ratio Dividend Per Share/ Earnings Per Share 1.24 0.95 Dividend Per Share 3.1 3.1 Earnings Per Share 2.5 3.25 Interpretation: On the basis of above interpretation of data for the year 2016 and 2017, the current ratio is determined as 1.02 and 0.86 respectively which is moved towards negative, it intensify that the companys ability is getting down in order to paying the short term debts or obligation that arises over the company. As company is not able to maintain the asset and liability ration through using the market securities, cash and receivables. Along with this the, quick ratio for the company is measured as 0.91 and 0.76 which is also indicating that the companys strength is getting lower to pay the quick arises liabilities over the business due to its operating activities. These are delivering the negative performance of company over the year 2016 and 2017. At the same time, it is stated that the current ratios are delivering the information about the operating cycle of Telstra buisness. Quick ratio is also not enough to respond the current liabilities over the most liquid assets (Brigham and Housto n, 2012). From the analysis of profitability ratio which indicates the return on investment over the operational activities of business. Gross profit margin ratio is calculated as 0.54 and 0.48 for the year 2016 and 2017 respectively, it means that the companys gross margin has decrease as compare to the current year. It indicates that the financial operation of business is generating higher expenses so that it also impacts on the net profitability of business. Furthermore, Profit margin for Telstra business has also increased from 0.24 to 0.25 in year 2016 and 2017 which strengthen the financial position of business good because long term stability for business is depends on the generation of profit as it also an investor luring proficiency of business. Profitability is crucial important to measure the efficiency of organization that declare strong capabilities of company (Katsioloudes, 2012). As after check, the above table can be said that the efficiency of TelstraCompany increased as compa re to last year. Over the measurement of debt ratio which inferences that the debts on companys as liabilities are reducing over the year 2016 to 2017 by 0.65 to 0.57, which is better for the company to attract the potential investors. Further, debt to equity ratio is also decreasing from 1.72 to 1.68 which states that the business liabilities over the equity are lower from last financial year. Both of the considerations are getting which is good to reduce the liabilities over the business. Over the interpretation of price earnings ratio, it can be said that the performance of business is also decreasing from 2.22 to 1.12 it is not good for the shareholder and business as well because it influence the brand image of company in perspective market. It is also detained that the market price for shares are reducing but the earnings per share is increasing, so the overall impact laid down the business customer generation strategy or concerned market capabilities. Along with this, dividend payout ratio for the business is also decreasing from 1.24 to 0.95 from the year 2016 to 2017 which is also negative for the Telstra to gain the competitive advantages in Australian market that would also hamper the attraction point of perspective shareholder and investors. Macquarie telecom group Ratio analysis Ratio Analysis for Macquarie Telecom Group Ratio Name Formula 2016 2017 Current Ratio Current Asset/Current liabilities 1.78 1.33 Current Asset 57 52 Current Liabilities 32 39 Quick Ratio Current Asset-Inventories /Current Liabilities 1.53 1.08 Current Asset 57 52 Inventories 8 10 Current Liabilities 32 39 Gross Profit Margin Gross Profit /Sales 1 1 Gross Profit 203 220 Sales 203 220 Profit Margin Profit Before Tax/Sales 0.163 0.19 Profit Before Tax 33 41 Sales 203 220 Debt Ratio Total Liabilities/Total Assets 0.92 0.91 Total Liabilities 181.1 165.6 Total Assets 196.8 182.9 Debt to Equity Ratio Total Liabilities/Total Equity 2.63 2.5524 Total Liabilities 181.1 165.6 Total Equity 68.79 64.88 Price Earnings Ratio Market Price Per Share/Earnings Per Share 0.17 0.34 Market Price Per Share 11.5 14.54 Earnings Per Share 69.28 42.42 Dividend Payout Ratio Dividend Per Share/ Earnings Per Share 49.19 21.21 Dividend Per Share 0.71 0.5 Earnings Per Share 69.28 42.42 Interpretation: On the basis of above information, it can be stated that the current ratio is decreasing from 1.78 to 1.33 which impacts the financial ability of company to pay the short term and long term liabilities over the business but it is higher that the Telstras financial performance. Along with this, quick ratio is also getting down by the 1.53 to 1.08 for the year 2016 to 2017 which is also not good for the business to pay the short term debt imposed from operating activities of business. Over the profitability ratio, it can be interpreted that the gross profit margin for company is 1 and 1 because of enough information about the financial operation of business. On the other hand, profit margin for company is decreasing from 2016 to 2017 which is better for the company to tap the market by delivering higher profit to the investors and shareholders. It is also stated that the debt ratio is not changing from two consecutive years; it is detained as 0.92 to 0.91. Along with this, the debt to equity ratio is also not much changed which states that liabilities are in control with reference to assets and debts for business. Moreover, price earnings ratio for the business is also measured as 0.17 to 0.34 which is better for the company to capture the higher profit generation policy of business. On the other hand, the dividend payout ratio is decreasing which is not better for the business to gain higher attraction of shareholders. Summary and Recommendation From the analysis of results of different ratios, it can be said to investors that financially both the organizations are performing well. It would be better for the investors to invest in Macquarie telecom group as compared to Telstra. It is because the dividend payout ratio of this company is better. At the same time, the financial performance of Macquarie telecom group is also good. For example, the profit margin ratio of this company has increased from 0.16 in 2016 to 0.19 in 2017. This indicates increase in profitability of company. So, there are chances that investors might get good return in coming years over their investment. 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