Hitler And The Nazi Party :: essays research papers

History Assignment Hitler attained power in 1933 as the result of a complex set of factors. He was the right man at the right time to take advantage of the problems that had arisen in Germany in the post war years. In the post war years of the 1920's to the 1930's, the German people had many grievances. The biggest of which was the economy. The hyperinflation of the early 1920's, in January 1921 the German mark was 65 marks to the American dollar and on November 1923 it was worth 4 200 000 000 000 to the American dollar. Over a 12 week period the German currency lost 99.3% of it's value. This meant that the price for eggs was 80 billion marks each. The hyperinflation meant that 90% of people's savings were destroyed. Germany lacked faith in democracy. The reason being was the corruption and mismanagement, which characterised the Weimar Republic (inflation). The Democrats were reasonable and well-meaning men, representing the inflation impoverished middle class and business. They relied on chronic credit inflation (which put them more and more into debt. The Germans were also upset by the loss of World War 1, but the thing that made them the maddest, is the punishment enforced on them as a result of the Treaty of Versailles. Such as redistribution of territory, reduction of Germany's fighting power and imposition of harsh conditions, which meant Germany had to pay 6600 million-pound to the Allies in 1921. Germany thought that the punishment was too harsh. The masses in Germany were crushed by the problems that they had, especially the Treaty of Versailles, which left Germany in debt. The hyperinflation left a lot of people unemployed. People were looking for answers and someone to blame. The Nazi party had the policies that the German people wanted to hear. Hitler offered the easy answer for Germany's problems. The skills that Hitler had were that he was a manipulator, and could trick people into believing his views, which they did. He answered their problems in a way, which left him with advantages. As I have said, Hitler was a manipulator. What he said, people believed, and those who didn't, were killed. The ideas that he had (quote SOSE textbook page 57) 'to be a strong nation, Germany had to have a strong leader, struggle was the basis of history and struggle occurred between different races and the main struggle for Germany, was with the Jewish race.

Maria Hernandez Case

MARIA HERNANDEZ VAN NESS TEAM 10 The Story: Maria Hernandez & Associates is a company that started its business with a cash deposit. On June 20,2004 Maria Hernandez transferred all her savings of $30,000 into a new Bank account under her company’s name, two days later she transferred another $20,000 which she had borrowed from her father on a 6% p. a. interest rate. Thus, with an amount of $50,000 in its bank account Maria Hernandez and Associates was ready to start its life in the Webpage designing sector.After the Bank account transactions, Maria Hernandez quickly took care of the initial expenses that included pre-paid rent for the new office, giving a security deposit for the same, buying used computers and software from her previous employers and also ordering and acquiring office stationary. On July 2,2004 Maria Hernandez & Associates opened its doors for business. The substance of our report covers the first two months of the company’s operations. At the start of the operations i. e.July 2nd, 2004 the amount in the company bank account was $12,000; however on August 31st, 2004 (roughly two months of operations) the amount had declined to $6,600. We are therefore left with two key questions to answer. 1. How would we report on the operations of Maria Hernandez & Associates through August 31, 2004? Had the company made a profit as Maria Hernandez believed? If so, how can we explain the decline of cash in the bank? 2. What can we say about the status of the business on August 31, 2004?To answer these questions we analyzed the company’s income statement and balance sheet for the months of July-August, 2004 and have come up with the following analysis and suggestions: Financial Ratios: Through the analysis of the Income Statement and Balance Sheet, we were able to extrapolate the following Ratios, which gave us an insight into the workings of Maria Hernandez & Associates |Financial Ratio |Figures | |Current Ratio |4. 17 | |Return on Equit y |13% | Return in Assets |7% | |Profit Margin |9. 8% | |Debt to Equity |0. 74 | By and large, the ratio’s displayed are lower than ideal. However, given the fact that the operation is only 2 months old, the figures are very promising; especially since there was an increase in workload of the company in early August with four new clients by way of referrals. Considering all the ratios in more details we would like to start our analysis with ROE ratio that measures a company’s profitability.We have 13% what means that the company is making 13 cents out of every dollar invested. This figure is relatively low, but for a start-up company it is rather satisfactory, because it indicates a growth opportunity with increasing operations. ROA ratio shows us how many dollars the company makes in relation to its assets, thus 7 cents per 1 dollar. The ratio is deceptive because by definition a lower ratio denotes inefficient use of assets. But considering a start-up that operates f or only 2 months, there is a scope for improvement since the number of operations has been increasing.In addition, this ratio can vary depending on the industry in which the company operates. This is why our suggestion to Maria Hernandez is to compare ROA every month in order to be able to realize how productive or unproductive the business is. Profit margin represents the percentage of revenue that a company keeps as profit after accounting for fixed and variable costs. In other words, it is company’s health indicator. The company is keeping 9. 8 cents of sales as earnings for every dollar that the company earns.It is a good sign because the company was able to recoup the initial fixed costs and also showed a profit in the books within 2 months, on the other hand the usual trend for web-page design companies to show a profit is 1-2 years. Debt to equity ratio indicates extend to which the business relies on debt financing. As we know, Maria Hernandez borrowed $20,000 from he r father at 6% interest rate and invested $30,000 cash from her own savings. In addition, the company made revenue of $40,000 in cash that helped to cover all the expenses and operational purchases.So, we can conclude that the company is growing on cash mainly and in the tech industry this ratio is bound to go down, because once the assets [computers and software] are acquired there is no need to take on debt to grow the company, as the growth can come from the revenue itself. On an average computer companies have a Debt to Equity ratio of under 0. 5 Current ratio that shows the ability of the company to pay off its liabilities at a given period of time is the only point of concern. As a rule the acceptable figure is between 1 and 2, in our case we have 4. 7, what means that Maria Hernandez can pay off her loan with interest however, she has some excessive cash on hand what indicates inefficient management of funds. Suggestions: We would first like to address the matter of treating the Interest and Depreciation. The interest is accumulating and since the interest has to be paid at the end of the year, the amount at the moment is incomplete. Therefore, the interest payable should be accounted in the Balance Sheet, and interest expense in the Income Statement. In case of the equipment, accumulated depreciation is to be taken into consideration.The depreciation per month is $750, thus the accumulated depreciation is $1500 after 2 months of operation. As the expected life of the equipment is 3 years Maria Hernandez should credit the accumulated depreciation for 1/3 of the value of the assets, subtract accumulated depreciation from the equipment in the Balance Sheet and include depreciation expense in the Income Statement. An analysis of the Expense to Income ratio showed that currently 86% of the income is being used to write off expenses such as rent and salaries, which explains the decline in the bank balance as on August 31st.We recommend reducing such expenses by keeping fewer full-time staff and hiring interns or keeping staff on a part-time basis at least for the initial period of the companies life. Conclusion: In conclusion we would like to say that Maria Hernandez & Associates is doing rather well as a Start-up company. The numbers are mostly in its favor, and are bound to get better as the life of the company progresses. The only flaw in the design is by way of the expenses incurred in form of Salaries, which can easily be fixed.

Housing Act 2004 - Empty Dwellings Management Orders Free Essay Example, 1000 words

The ramifications and implications of an EDMO are significant for the LHA, the property owner and the homeless population who can occupy the homes with governmental intervention. The implications of an EDMO for the LHA are such that: After an EDMO has been issued, the LHA may enter the residence in order to survey the condition and assess whether it can be made habitable within a reasonable amount of time and in a fiscally responsible manner. The LHA may take possession of any property within the home unless the owner has explicitly stated that he/her wants the property. The LHA may freely make renovations to the property providing the future income justifies the level of repairs. The LHA is likely to undertake massive renovation when a final EDMO is issued as it has seven years to affect the repairs and recoup the losses over the course of seven years. The LHA may utilize any revenues generated from the rental of a property in order to recoup its expenditures (Gravesham Borough Cou ncil, 2005). The implications for the property owners are such that: When an EDMO is in force, the LHA is given much of the rights and responsibilities of the owner. We will write a custom essay sample on Housing Act 2004 - Empty Dwellings Management Orders or any topic specifically for you Only $17.96 $11.86/pageorder now These rights and responsibilities entitle the LHA to manage the residence, make the necessary changes to the residence without consulting the owner and to choose the future occupants of the residence. It does not give property ownership to the LHA. Essentially the ownership rights are maintained by the property owner. The owner is not entitled to receive rent or any other payment from individuals occupying the residence while an EDMO is in force. The owner retains the right to dispose of his/her interest in the residence. Any mortgage or lease arrangements with regards to the property remain in effect while the EDMO is in effect. Essentially, if there is a mortgage on the residence, the owner is obligated to maintain the terms. The property owner may apply to the Tribunal for a monetary compensatory order against the LHA on the basis that the LHA interfered with his/her rights as the lawful owner of the property subject to an EDMO. When a final EDMO is made, the LHA may apply to the Tribunal for termination of the property rights of the owner. If the application is granted, the LHA becomes the legal owner of the property (Bastingstoe & Deane Borough Council, 2005). The implications of an EDMO are significant for property owners, the LHA, communities at large, the homeless population in search of housing as well as individual developers.