The Impact of a Third Party America´s Two Party Political...

The Impact of a Third Party America ´s Two Party Political System For hundreds of years, the two party system has dominated the American culture, but many people are confused by what a two party system actually means. Although a two party system is defined as two parties that are bigger than the rest, third parties have greatly impacted elections for over a hundred years. Minor parties still continuously voice their opinions in issues, causing other candidates of either major party to adopt their philosophies. Furthermore, some parties, such as the Reform have actually been successful in obtaining a position, such as governor. Finally, third party candidates have actually taken away votes from a number of nominees over the years.†¦show more content†¦All of these positions influence the people to consider the presidential minor parties, thus having an impact on the presidential elections. When a party wins a local office as a minor party, the name of whatever the minor party is spreads around all the way around the United States. Not only does winning a local office help the victor, but it also helps the member of the same party who runs for President. The most recent example of a third party winning an office is the Independent Senator, Jim Jeffords of Vermont. Jeffords, who was once a Republican, became an Independent because he felt he no longer supported the policies of George W. Bush’s Republican Party. With Jeffords’ transformation to the Independent Party, he has promoted the Independent Party over the last three years and continues to be a prominent figure in the modern Independent world. In terms of governor, Jesse Ventura was elected as the Reform Party’s Governor of Minnesota where he advocated and endorsed the typical Reform beliefs. Ventura shocked the world with the exception of other minor party candidates, who believed any party could win with a strong campaign. Ventura has been credited with being one of the first few people to employ the Internet in a political campaign. T he Green party in 2002 saw its greatest year of elections in its history with 71 new offices obtained. The Green Party then had a total of 170 officeholders around the United States, showingShow MoreRelatedThe Party System Is Not The Best System For America1606 Words   |  7 PagesAlthough America has long been a bipartisan government, it would be more beneficial to move to an open multi-party system to give Americans more choice in its elections, and more political diversity. Third-party running candidates in America are always a possibility, but are majorly overshadowed by the already well established Democratic and Republican party candidates. Many Americans would prefer an alternative to our current system, but are either bullied into conforming to it, or are convincedRead MoreThe American Two Party System1709 Words   |  7 PagesThe American two-party system is the result of the way elections are structured in the United States. Representatives in the Congress and in state legislatures are elected to in single-member districts where the individual with the most votes wins. Seeing that only one party s candidate can win in each district, there is a strong motivation for political candidates to organize themselves into two competing parties. By doing so, party members and candidates maximize their chances of winning electionsRead MoreExplanation Analysis And Video Essay1308 Words   |  6 Pageswill of the citizens. Elections allow voice and agency to every single individual in the political population and let all concerned citizens to directly engage in politics and take part in the dialogue of how the community will be administrated. As a result, elections are the most primary constituent of democracies. Public opinion is made up of the beliefs of the people of a state that have an impact to those in control. In a liberal state, politicians shall take into consideration the publicRead MoreThe Political System And The United Kingdom Essay1597 Words   |  7 PagesThe political systems in the United States of America, and the United Kingdom are fairly different due to several policies. The most predominant difference that could be deducted from their policies is the difference in selecting their government. The United States base their elections off of what is known as the Electoral College. The Electoral College is a process that was created by the founding fathers, written in the Constitution. Not only is it a compromise made between the election of theRead MoreAn Examination of Americas Two Party System Essay1697 Words   |  7 PagesAn Examination of Americas Two Party System Democracy in the United States is based on the indirect representation of the people by elected officials who are usually chosen by direct vote. Almost from the beginning of the United States history, however, two parties have shared the great majority of the elected positions from the local level to the presidency. However, up until the mid-1850s when the Republican party was formed, other parties such as the Whigs, Federalists, and Anti-FederalistsRead MoreMexico : Physical Geography : Mexico1556 Words   |  7 PagesNorth America. I went to Cancun in spring 2012. It was an amazing trip. I really enjoyed the nature there. Most of Mexico s land is covered by mountains, with only about a third of the land being flat. Moreover, there are five main areas in Mexico. The first one is The Central Plateau which is located just south of The United States. It increases in altitude from the north to south from more than 910 m and 2,440 m near the border of United States. Furthermore, appro ximately half of Mexico s populationRead MoreAmerican Voting Patterns, By Angus Campbell, Philip Converse, Warren Miller, And Donald Stokes879 Words   |  4 Pagesbook is astounding, ranging from the political parties to the psychology of individual voters, the book laid the foundation for further voting examination. The objectives of the research project had a variety of aims. 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Unsystematic risk is also called as â€Å" specialRead MoreThe Importance Of Third Party Politics Essa y1799 Words   |  8 Pagesof Third Party Politics America is vastly known as a country boundlessly pursuing equality in all facets of life. In this seemingly endless quest for equal opportunity, there has been one lurking negation; our election system. The addition to equal representation in public funding and on the ballot will create variability and allow Americans to entrust their vote in a political format that more closely aligns with democratic philosophy. Therefore, a shift away from a bipartisan, a two party, dominatedRead MoreThe Problem Of Democrats And Republicans Essay1583 Words   |  7 PagesRepublicans to properly reform the criminal justice system. This is an issue with nearly every topic and this is the main cause of issues in the country. The debates and lack of agreeable actions makes it seem nearly impossible for the country to change in positive ways in timely manners. This issue is the biggest issue in the United States of America, because it interferes with progress and reform. This is an integral part of wh y the current system remains in a dysfunctional state. This issues is

Music Essay - 1056 Words

Music Hip-Hop Getting a Bad Rap Among many problems in society today, rap music is being blamed for the confusion of Americas youths. One key problem is the way a child is raised. Not having a positive role model can have a powerful effect on a child. The other dilemma is the type of rap music. Gangster rappers lyrics seem to corrupt and have a negative image on a youths mind. Two possible steps to taking the blame away from rap music is by placing the spotlight on other influences such as friends and even the family as the source of confusion. The other by promoting rap artists whose lyrics has a positive message. The nations youth are experiencing pain and confusion; and they need someone to look up to. In todays society,†¦show more content†¦It is not only the female listener that is effected. The song may leave an equally compelling impression on these young males. These young men may actually believe what Dr. Dre is saying. They might disrespect women while looking down upon them. So, in order to change the attitude of defying women and change the attitudes of Americas impressionable youths; people need to step up and talk back to the gangsters like Queen Latifah did in her song U.N.I.T.Y where she tells women, You aint a b---- or a ho. This song was strongly accepted by the American youths, especially the females. There are many female artists who are trying to get rid of the negative images of women. D.C. Talk, a Christian rap group, is another rap group that doesnt exploit women or encourage violence. In their song That Kinda Girl, the lyrics Love her and respect her, cherish her forever is the way women should be treated. Another song by D.C. Talk I Love Rap Music is a humorous account of how rap music started. In the conclusion of the song they say, Those obscene lyrics are overkilled stating that since 1990 that is all rap music has come to. But since then, Theres been a serious change . . . doin hip hop music with a Christian theme. 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Financial Management In Public Universities -Myassignmenthelp.Com

Question: Discuss About The Financial Management In Public Universities? Answer: Introducation Key petroleum limited is an Australian oil and gas company that is publicly listed that has a strategic focus on pursuing unconventional and conventional programs of wildcat exploration in canning basins and North Perth operating in Western Australia. It is located in prospective onshore acreage in remote areas of Western Australia. Company was incorporated in year 2006 and it is based in Nedlands, Australia and engages themselves in exploring, acquisition and oil and gas properties development (Keypetroleum.com.au 2018). Some of the principal activities of the group involve exploration and acquisition of permits with the intention of identifying economic gas and oil reserves. The objective of company is to drill follow up wells within contagious on a discovery at Dunnart 2 and the two structures that are matured and under review to drill status are Wattle Groves and Conder south leads. Organization has a well-built strategy for unlocking petroleum potential over acreage with a dedic ated technical team, having operatorship over the entirety of its permit portfolio and holding high equity positions. Portfolio of Canning basin consists of a number of exploration opportunities and numerous exciting developments (Keypetroleum.com.au 2018). Ownership and governance structure of company: It is provided by constitution of company that total number of directors should not be less than three and more than nine and the qualification of shareholder is not required. The company has notified the names of substantial shareholders in accordance with section 671B of corporation act 2001 and they are listed below: The maximum number of shareholdings that are held by shareholders is 17.73% held by ASF oil and gas holdings Pty limited, followed by Star surpass limited having 14.03%. Start Grand Global limited having 13.63, Elite ray investments limited having 8.02 and Forever new limited having 7.42% of shareholdings (Keypetroleum.com.au 2018). It can be seen that all the substantial shareholders are different companies and therefore, key Petroleum limited can be can be classified as non-family company. Shareholders having more than 5% shareholdings include all the above named shareholders and none other shareholders hold more than the given shareholding percentage. Non-executive chairman of Key petroleum limited is Rex Turkington and Kane Marshall is the managing director of company and being a full time employee. Min Yang and Geoff baker is the non-executive director of company. Robert Lerace is the chief financial officer of company (Keypetroleum.com.au 2018). Mr Baker and Mr Yang are both the directors of ASF group limited and they are the ultimate holdings of ASF oil and gas holdings Pty limited and hold shares in Key petroleum limited. Calculation of performance ratios: $ $ $ $ Trend Particulars` 2014 2015 2016 2017 2014 2015 2016 2017 Net Profit after Tax (NPAT) A -1332959 -2117735 -2186709 -1144731 -100.0% -158.9% -164.0% -85.9% Total Assets (TA) B 5820204 7825800 6111374 6126971 100.0% 134.5% 105.0% -105.3% Ordinary Equity (OE) C 35301510 36844550 37540470 38535283 100.0% 104.4% 106.3% -109.2% Total Liabilities D 784149 3270224 2983407 3079423 100.0% 417.0% 380.5% -392.7% Return on Assets (ROA) E= A/B -22.90% -27.06% -35.78% -18.68% -100.0% -118.16% -156.23% -81.58% Return on Equity (ROE) F=A/C -3.78% -5.75% -5.82% -2.97% -100.0% -152.22% -154.27% -78.67% Debt Ratio G=D/B 0.135 0.418 0.488 0.503 100.0% 310.16% 362.34% 373.05% The variable TA/OE captures total assets of company and ordinary equity attributable to shareholders. ROA is return on assets, ROE is return on equity, and they are the profitability ratios used for determination of profitability position of company. Both of these terms incorporate the variable total assets and ordinary equity. Profitability of company is measured by these two components such as total assets and ordinary equity. The above two profitability ratios are related to the asset turnover and profit margin. The relationship of higher return on assets is explained by profit margin. Return on assets is dependent upon total assets and an increase in total assets will lead to decrease in this ratio if the profits are remaining constant (Bekaert and Hodrick 2017). If there is increase in profit as well as increase in value of total assets, then the magnitude of increase in each variable determine whether the ratio will increase or decrease. Ordinary equity on other hand is a compo nent of return on equity and an increase in equity along with increase in profits will increase the ratio value. From the above figures computed, it can be seen that figures for both ROA and ROE are negative. ROE is in favorable position compared to ROA. Value of ROE for year 2916 and 2017 stood at 5.82% and 2.97% respectively. On other hand, computed figures for ROA stood at 35.78% and 18.68% respectively. Value of ROE is favorable than ROE is because the amount of total ordinary equity is more than total assets (Block et al. 2015). Graph with the description of results: The above chart depicts the monthly movement in share price of Key petroleum limited along with the ordinary index. Blue line indicates share price movement of company and orange line indicates movement in ordinary index. In the current scenario, share price of company moved below the ordinaries index (Finance.yahoo.com 2018). It can be seen from the chart that movement in price of shares has been much volatile since the beginning of year 2017. Price remained stable for few month in the mid of year 2016. The ordinaries index remained volatile throughout the years of analysis compared to share price that experienced much volatility in the beginning and end of year of analysis. Share price line in the beginning of year 2017 went much above the index line, then went down, and again shoots up significantly. After mid of year 2017, price went down and again rose. Significant factors influencing the share price of Oz Minerals: The volatility of share price of Key petroleum limited is influenced by both internal and external factors. Company relates internal factors to undertaking of several projects during the financial year 2017. Some of the factors that led to wide fluctuations and higher volatility in share price is because of its acquisition activities and entering to several projects that is likely to add significant value to the portfolio of company. Acquisition of 100% of ownership into three exploration permits of Eromamga and cooper basins along with Drill search energy Pty limited. One of the most considerable transactions that has affected share price is with Beach energy control and its entry into onshore of UK (Raudla et al. 2015). Sudden volatility experienced by the share price of Key petroleum limited in the mid of year 2016 is attributable to execution of sale and purchase agreement for acquiring AWE Perths 100% interest in production licenses. Acquisition was witnessed with having a productive material exploration and oil pool being consistent with portfolio approach of organization. It provided organization with flexibilities for commercializing the possible discoveries in future. All this strategic efforts on part of management of group has led to such volatility in the price of shares. On 13th October 2017, announcement was made by Key petroleum for entering into the agreement of building terms for the acquisition of interest in production license (Finance.yahoo.com 2018). On 28th July, 2018, the acquisition of organization was completed by the company that shoots up its price. This higher volatility in the prices of shares of company is attributable to the international crude oil price volatility and experiencing an upward bias due to cutting down of production by petroleum exporting countries in spite of increasing demand for oil. Oil price is moving in a wide range due to sudden and abrupt swings in supply (Koh et al. 2014). Calculation of Beta values and expected rate of returns: The calculated value of Beta of company of Key Petroleum limited stood at -1.01232. Assuming market risk premium at 6% and risk free rate at 4%, the required rate of return for company is recorded at 1.98%. Particulars Amount Beta of the company A -1.01232 Risk Free Rate B 4% Market Risk Premium C 6% Required Rate of Return D=B+[Ax(C-B)] 1.98% Conservative investment is an investment strategy that is used by company to preserve the value of their portfolio by investing in lower risk securities. However, it can be seen that share price of organization is extremely volatile and they are fluctuating on a wider range and this shows that investment strategy of company is not conservative. Investors investing into shares of this company would be facing considerable amount of risks due to its extreme volatility. Weighted average cost of capital: Particulars Amount Weight age Cost Return Rate Tax Rate WACC Total Long Term Debt 0.00% 30.00% 0.00% Total Equity 3047548 100.00% 1.98% 1.98% TOTAL 3047548 100% 1.98% Key Petroleum limited does not have any amount that is attributable to the long-term debt and therefore, there are no finance costs (Michalak 2016). Therefore, in such scenario, required rate of return is equivalent to weighted average cost of capital. Hence, value of weighted average cost of capital stood at 1.98%. WACC from the management perspective is defined as the blended cost of capital that the company is required to pay for using capital of both debt and equity holders. It is regarded as minimum cost of capital and management for making investment decisions in the evaluation of projects uses it. Higher value of WACC is associated with higher risks with the operation of firm (Dudid et al. 2014). Management using WACC does the expected cost of financing all the sources. Therefore, they intend to lower down the rate of WACC for seeking investment that does not carry considerable amount of risks. Debt ratios for the past two years: The debt ratios calculated for two financial year 2016 and 2017 is .488 and .503 respectively. It can be seen that debt ratio has fallen in year 2017. This fall in debt ratio is attributable to increase in value of ordinary equity at a higher rate than total liabilities of company. The management of company has not amended the gearing ratios and there has been not share buyback and repayment of borrowings. Dividend policy: The income derived from dividend of financial assets at fair value through profit and loss and the recognition of same is done in the comprehensive income as per of revenue. No dividend or voting right is carried on performance rights. In the current financial year, company has not paid any amount of dividends. For recommending investors to incorporate Key Petroleum limited in the investment portfolio, it is said that inclusion of this stocks would be profitable. The computed ratios depicting profitability position of company is not favorable as indicated by the figures. Return on assets and return on equity are negative in figures. Solvency position of company is not favorable as indicated by increase in debt ratio in the current year. After the detailed evaluation and analysis of profitability and solvency position of Key petroleum limited, it has been ascertained that company is highly volatile. Evaluation of the share price for the period of two years, it can be said that movement in the share price has been extremely volatile resulting from some of the strategic options undertaken by company. Investors would be recommended to not make any investment in this company. However, the risk lover investors who seek making investment in risky stocks can opt for making investment in the shares of this company. Therefore, investors who does not intend to make investment in risky stocks should not be recommended to make investment in shares of Key Petroleum limited Reference Bekaert, G. and Hodrick, R., 2017. International financial management. Cambridge University Press. Block, S.B., Hirt, G.A., Short, J.D., Danielsen, B.R. and Perretta, M., 2015. Foundations of financial management. McGraw-Hill Ryerson. Brigham, E.F. and Daves, P.R., 2014. Intermediate financial management. Cengage Learning. Dudin, M., Lyasnikov, N., Yahyaev, M. and Kuznecov, A., 2014. The organization approaches peculiarities of an industrial enterprises financial management. Finance.yahoo.com. (2018).KEY.AX Analyst Opinion | Analyst Estimates | KEY PETROL FPO Stock - Yahoo Finance. [online] Available at: https://finance.yahoo.com/quote/KEY.AX/analysts?p=KEY.AX [Accessed 29 Jan. 2018]. Irimia-Dieguez, A.I., Medina-Lopez, C. and Alfalla-Luque, R., 2015. Financial Management of large projects: A research gap. Procedia Economics and finance, 23, pp.652-657. Karadag, H., 2015. Strategic financial management for small and medium sized companies. Emerald Group Publishing. Keypetroleum.com.au. (2018).INVESTORS | Key Petroleum. [online] Available at: https://www.keypetroleum.com.au/latest_news/2017 [Accessed 29 Jan. 2018]. Koh, A., Ang, S.K., Brigham, E.F. and Ehrhardt, M.C., 2014. Financial management: theory and practice. Cengage Learning. Mazzarol, T., Reboud, S. and Clark, D., 2015, July. The financial management practices of small to medium enterprises. In Small Enterprise Association of Australia and New Zealand 28 th Annual SEAANZ Conference Proceedings (pp. 1-3). Michalak, A., 2016. The cost of capital in the effectiveness assessment of financial management in a company. Oeconomia Copernicana, 7(2), p.317. Petty, J.W., Titman, S., Keown, A.J., Martin, P., Martin, J.D. and Burrow, M., 2015. Financial management: Principles and applications. Pearson Higher Education AU. Raudla, R., Karo, E., Valdmaa, K. and Kattel, R., 2015. Implications of project-based funding of research on budgeting and financial management in public universities. Higher Education, 70(6), pp.957-971. Titman, S., Keown, A.J. and Martin, J.D., 2017. Financial management: Principles and applications. Pearson.