Famous Quotes From Americas Legendary Presidents

In the line of 45 U.S. presidents, there have been highs and lows. For some, history has been kind; for others, the stories in textbooks are complicated. Nevertheless, it has been a long and successful journey of presidential democracy. Here is a collection of famous presidential quotes that will inspire you.   Andrew Jackson: Any man worth his salt will stick up for what he believes right, but it takes a slightly better man to acknowledge instantly and without reservation that he is in error. William Henry Harrison: There is nothing more corrupting, nothing more destructive of the noblest and finest feelings of our nature, than the exercise of unlimited power. Abraham Lincoln: Those who deny freedom to others deserve it not for themselves, and, under a just God, cannot long retain it. Ulysses S. Grant: Labor disgraces no man, but occasionally men disgrace labor. Rutherford B. Hayes: One of the tests of the civilization of people is the treatment of its criminals. Benjamin Harrison: Have you not learned that not stocks or bonds or stately houses, or products of the mill or field are our country? It is a spiritual thought that is in our minds. William McKinley: The mission of the United States is one of benevolent assimilation. Theodore Roosevelt: It is hard to fail, but it is worse never to have tried to succeed. In this life, we get nothing save by effort. William H. Taft: Dont write so that you can be understood; write so that you cant be misunderstood. Woodrow Wilson: No nation is fit to sit in judgment upon any other nation. Warren G. Harding: I dont know much about Americanism, but its a damn good word with which to carry an election. Calvin Coolidge: Collecting more taxes than is absolutely necessary is legalized robbery. Herbert Hoover: America—a great social and economic experiment, noble in motive and far-reaching in purpose. Franklin D. Roosevelt: The only thing we have to fear is...fear itself. Dwight D. Eisenhower: When you are in any contest, you should work as if there were—to the very last minute—a chance to lose it. John F. Kennedy: Let us resolve to be masters, not the victims, of our history, controlling our own destiny without giving way to blind suspicions and emotions. Lyndon B. Johnson: For this is what America is all about: It is the uncrossed desert and the unclimbed ridge. It is the star that is not reached and the harvest that is sleeping in the unplowed ground. Richard Nixon: A man is not finished when he is defeated. He is finished when he quits. Jimmy Carter: Aggression unopposed becomes a contagious disease. Bill Clinton: We must teach our children to resolve their conflicts with words, not weapons.

Prospero’s Magic in Shakespeares The Tempest Essay

Prospero’s Magic in Shakespeares The Tempest In order to understand the full effect the character of Prospero, in Shakespeares The Tempest, would have had on the audience, it is important to understand how magic was regarded during the time. During the Tudor and early Stuart periods, interest in magic ran high, and attitudes toward magic were varied and complex. For instance, magic was to be avoided by God-fearing men, but God permitted magic partly to demonstrate, by its overthrow, his own miraculous powers, and partly as one of the pitfalls that appeared in the world as a result of original sin (Traister 3). Also, many scholars and philosophers were magicians, and it was difficult to draw a line between magic and science†¦show more content†¦Agrippa separated ceremonial magic into two parts: goetic and theurgic. The line between these is easily and often blurred: Goetic magic, the calling up of evil spirits, is truly commerce with the devil and is as reprehensible as the opponents of magic claim. Theurgy, on the other hand, is the calling of angelic or planetary spirits and, though dangerous, is very attractive (Traister 8). Theurgy was the kind of magic that was the safest of the two, but was still seen as a kind of necromancy. Men that practiced the theurgic kind of magic were often labeled as magi, and were regarded as men of great wisdom. The magus sought to gain spiritual knowledge and to reach the divine. The magus was a symbol for the infinite possibilities that then seemed open to man. Natural magic was a means of acquiring access to the divine through nature. Through magic, some felt, man could climb to God (granted divine grace, of course) rather than simply mark time waiting out a weary life on earth (Traister 11). So, with all of these magical theories abounding, dramatists could draw from philosophical theory and literary tradition in creating a magician. From 1570 to 1620, there were at least two dozen plays involving magicians. On stage, the magician was presented as both admirable and flawed, and became a symbol of mans ambiguous place in the universe: a creature supremely talented but doomed to fail (Traister 35). The audiences were probablyShow MoreRelated tempmagic Prosperos Magic in Shakespeares The Tempest Essay1410 Words   |  6 PagesProsperos Magic in The Tempest      Ã‚  Ã‚  Ã‚   In Shakespeares The Tempest, Prosperos magic is the means that Prospero teaches his lessons to the plays various characters. Whether or not those lessons were learned or not is irrelevant. The main issue is that Prosperos character is indeed a complex one, and one that deserves much attention. Two essays that look at the complexity of Prospero and his magic are Stephen Mikos Tempest, and Barbara Mowats Prospero, Agrippa, and Hocus Pocus. BothRead MoreWilliam Shakespeare s Prospero Of The Tempest1747 Words   |  7 PagesOn the very face of it, it might be hard to think how Prospero of The Tempest would be William Shakespeare, or even to imagine that this play is a set of symbols and metaphors that provides an allegory for which is to express this play. The research into the argument of Prospero reflecting Shakespeare has made a valid discourse, because it is based on the extending the premise that all of Shakespeare’s works are to some degree associated with his own life. This idea that using symbols to somehowRead MoreWilliam Shakespeare s The Tempest1267 Words   |  6 Pagesaudience. During the Enlightenment Era, William Shakespeare’s writing were a form of social commentary on the English Government. 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In The Tempest, Prospero experiences a significantRead MoreOpposition between Art and Reality in Shakespeares The Tempest1062 Words   |  5 PagesOpposition between Art and Reality in The Tempest      Ã‚  Ã‚   The Tempest is a self-reflexive play that explores the boundaries of art and reality. Shakespeares island is a realm controlled by the artist figure; where the fabulous, the ideal and the imaginative are presented as both illusory and palpable, and where the audience is held in an indeterminate state, a strange repose. The juxtaposition of the world of art with political and social realities explored by representative charactersRead More Art and Nature in Shakespeares The Tempest Essay examples1146 Words   |  5 Pagesrace has ever produced.   In the Tempest, he decides to determine which is more powerful – art or nature?   He symbolizes art through civilization and nature through man and his natural place on Earth.   Through the plot, Shakespeare reveals his own beliefs concerning which force is greater.   The Tempest shows the respectable differences between art and nature, but eventually concedes that art is weaker and must bend itself to nature . In The Tempest, Shakespeare’s Prospero has gotten himself intoRead MoreEssay on The Tempest as Shakespeares Resignation Speech831 Words   |  4 PagesThe Tempest as Shakespeares Resignation Speech      Ã‚  Ã‚   In Shakespeares, The Tempest, the character Prospero is in many ways similar to Shakespeare himself at the time he wrote the play.   Prospero, having entertained himself with his magic for most of his life, now gives up his powers as he seems to understand that his magic is no more and no less than life itself :   it is just as transitory and hollow.   This seems to reflect on Shakespeares attitude toward play writing.   Having spent hisRead More The Dictatorial Prospero of Shakespeares The Tempest Essay1504 Words   |  7 PagesThe Dictatorial Prospero of The Tempest      Ã‚  Ã‚  Ã‚   Motivation often propels people to achieve high goals. Sometimes, however, motivation is too strong a tool and can manifest into selfish desires. The exploitation of the weak invariably results from the strong abusing their power, especially in a political setting. In William Shakespeares ‘The Tempest’, Prospero is displayed as a tyrannical character who spawns a disastrous storm as part of a grand scheme to regain his title of Duke of Milan.Read More The Genre of The Tempest Essay952 Words   |  4 Pages The Genre of The Tempest The Tempest is customarily identified as the William Shakespeares last piece. These marginal issues aside, The Tempest is the forth, final and finest of Shakespeares great and/or late romances. Along with Pericles, Cymbeline and The Winters Tale, The Tempest belongs t the genre of Elizabethan romance plays. It combines elements of Tragedy (Prosperos revenge/Loss of a royal son) with those of romantic comedy (the young lover Ferdinand andRead MoreThe Tempest By William Shakespeare1603 Words   |  7 PagesAnthony Koranda Professor Lori Branch ENG 2010 10 October 2014 In Shakespeare’s play, The Tempest, power is manifested in several forms: the investigation of the power of love, the power of magic and illusion, or the power of nature. However, in The Tempest, power is most clearly defined as dominance. Throughout the play, there is a universal pursuit of dominance over other people, dominance over property, or dominance over cultural ideals. These pursuits of dominance are used in an attempt to further

Childhood Expectancy And Its Effects On The Average Life...

Introduction: Does the percentage of population at/below poverty rate affect the average life expectancy in different countries? The raw data was collected at a secondary source online. The poverty rates was collected at the golbalissues.org and the world fact book, which are reputable sources. The life expectancy was collected from the world health organization which is also a trustworthy source and wikipedia. The hypothesis is that many countries who have a low percentage of their population in poverty have a higher life expectancy. While countries who have a higher percentage of their population in poverty have a lower life expectancy. Background Information: Poverty is basically people who lack the essential resources to live a moderately healthy lifestyle. They find it hard to survive and lack food, shelter and water. Some countries have social welfare, however most countries do not have this the of luxury because they are either under developed or just developing countries. While life expectancy is the average amount of years a person may live based on demographic factors, gender and many other standards. Over the past decade it has been very noticeable that the countries that had a good economy, were developed, had an education, a good healthcare system and the essential necessities had a higher life expectancy. Analysis: From the raw data that was taken the average life expectancy was 69.868 years, the mode was 74.5, the median was 73.5, the lowestShow MoreRelatedHealth and Social Care Level 3 Assign3 Essay1207 Words   |  5 Pages3.1 Analyse why life expectancy has increase over the last century. Life expectancy in the human race has risen dramatically in the past century reaching its highest level for both male and female on record. Between 1981 and 2002 life expectancy at age 50 increases by four and a half years for men and three years for women and two years respectively. By 2002 women who were age of 65 could expect to live to the age of 84 while men could expect to live to the age of 81. The primary reason for theRead MoreSocial And Behavioral Determinants Of Health948 Words   |  4 Pageshigh fertility such as lack of family planning education, child bearing age, and availability of contraception. The second stage; Age of declining pandemics is characterized by decline of deaths rate while birth rates remains high. â€Å"The average life expectancy at birth increases steadily from about 30 to about 50 years. Population growth is sustained and begins to describe an exponential curve† (Omran, 2005). The decline of death rates was due to the shift of diseases from infectious diseases suchRead MoreThe Effect Of Life Expectancy1366 Words   |  6 PagesThe Effect of Life Expectancy in the Current Century The life expectancy has improved over the past century, due to advances in preventative care and control of infectious diseases, better and more reliable nutrition, housing, hygiene, and medical care. For instance, advances in medical technology in relation to such treatment of heart disease and stroke, as well as living healthier lifestyles, improvements in access to health care, and better overall health before age 65, resulted in continuedRead MoreShould A Child Be Fully Toilet Trained?1152 Words   |  5 Pagescondition is so serious that it can last for weeks and can cause pneumonia, seizures, brain damage and even death. Per the Center for Disease control and Prevention (2016) â€Å"In the 20th century, pertussis was one of the most common childhood diseases and a major cause of childhood mortality in the United States. Before the availability of pertussis vaccine in the 1940s, more than 200,000 cases of pertussis were reported annually. Since widespread use of the vaccine began, the incidence has decreased moreRead MoreCaloric Intake and Childhood Obesity Essay2769 Words   |  12 Pagesbecome. Did I want to become a doctor to earn a lot of money and live a prosperous life, be respected in society, or so that I could simply help other people? The answer came to me not too long ago while I was volunteering at the Methodist Richardson Hospital. During my time in the children’s ward reading books with these children or even just talking to them, I felt a sense of fulfillment. Seeing these children with life threatening diseases, such as cancer, smiling happily as if nothing were wrongRead MoreWhat Does It Mean For The Health Of A Nation? Essay1648 Words   |  7 PagesAustralians have one of the highest life expectancies in the world, but does this mean we are healthy? What does it mean to measure the health of a nation? And can we say, with such a diverse population, that we are doing better or worse across the board? Death rates continue to drop in Australia, and not only are people living longer, but they are living with more years free of disability. We have access to increasingly innovative and sophisticated health care, including improved detection, diagnosisRead MoreUnderstanding The Health And Social Needs Of A Local Population1716 Words   |  7 Pagesdeveloping an action plan or other means of improving the quality of life of the community (Hawtin and Percy-Smith, 2007). Newcastle was chosen as a geographical area to base the following community profile on as it is currently the 40th most deprived local authority area in the country according to the IMD 2010 (The English Indices of Deprivation, 2010). With long-term unemployment at a high of 12.3% compared to the national average or 9.5%, individuals in Newcastle are struggling to maintain theirRead MoreTrends in Healthcare Strategies801 Words   |  3 Pagesby chronic conditions, especially among the baby boomer generation. One important component here is that many of these conditions are preventable. Ironically, current health technology and a focus on healthier lifesty les have created a longer life expectancy than ever before in human history. The irony is, however, that older age and less activity also means more chronic conditions. This is something that should form the focus of implementing a health care program for the baby boomer generationRead MoreUnderstanding Schizophrenia and Psychosis1106 Words   |  4 Pagesemotional and behavioral problems can lead to secondary problems like unemployment, academic difficulties and social issues. Schizophrenics have higher tendency to suicide than general population which makes their life expectancy 15 years less than the general population. The average life expectancy  of people with the disorder is 12 to 15  years less than those without, the result of increased physical health problems and a higher suicide  rate (about 5%). Following are the classification of SchizophreniaRead MoreHunter Gatherers : More Beneficial Or Beneficial?1656 Words   |  7 Pagesgrown and animals are maintained for future consumption. It seems like a simple life, but much effort and time is involved to maintain health and balance on a farmland. Although, it may seem that a farmer’s life is more beneficial to humans, evidence shows that hunters-gathers lead a more advantageous, healthy and fulfilling life. The ultimate goal for both hunter-gatherers and farmers is the same; survival and a better life, but hunter-gatherers reap more benefits from their mobile and sustainable lifestyle

Essay on The Great Plague Of Europe - 1536 Words

The Great Plague killed nearly half of the European population during the fourteenth century. A plague is a widespread illness. The Illness was also known as the â€Å"Black Death†. Most of the European people believed the plague was the beginning of the end of the world. They were scarcely equipped and unready for what was to be entailed. It was by far one of the worst epidemics yet to be seen in those times. The Great Plague of Europe made its way all throughout the continent and its population. The plague started on the western side of Europe; off the coast of Italy. It arrived by sea between the fall of 1347 and through early spring 1348. Italy was affected so hard that only one out of seven victims would recover in those parts. The†¦show more content†¦While others, were only effected by direct contact. It was thought to have been sustainable by even touching clothing or other such items of the infected. Conditions of the fourteenth century were also a contributing factor. Famine had been an arising issue due to the number of overpopulation. Because of this, their immune systems began to weaken. â€Å"Europeans were susceptible to disease because many people lived in crowded surroundings in an era when personal hygiene was not considered important† (Dowling). The cities were unsanitary and littered with germs, making it easier to sustain such diseases. Unhealthy habits were conducted and medical advances had not yet been made. Doctors themselves had not known what to advise. No prescriptions had worked. There was no cure to what was happening. Most were not even aware of what was impending upon them. Anything that could would be tried, in hopes of living. People were becoming desperate. The great plague came in three different forms. The types of illness differed in symptoms, spread and sufferings. The bubonic plague was the diseases most common form. It was named this due to swelling called â€Å"buboes† of the victim’s lymph nodes. â€Å"These tumors could range in size from that of an egg to that of an apple† (The Black Death). The longest expectancy with this form of illness didn’t often exceed one week. The second variation of plague was known as the â€Å"pneumaticShow MoreRelatedThe Plague : The Great Plague1064 Words   |  5 PagesContaining a Pandemic: The Great Plague Although plague continues to emerge around the world, there was an outbreak so large in the medieval era that it threatened to wipe out entire continents. The vast devastation that began in Asia and spread to Europe is likely the most deadly pandemic in human history. There were many reasons for the lack of containment, from ignorance of its origin to the lack of anything to stop its deadly trail. The disease struck and killed with terrifying speed, leadingRead MoreEssay on How the Black Plague Effected Society741 Words   |  3 Pages The plague is a dangerous and deadly disease. The plague is one of the oldest diseases known to the human race. Back when Europe was still in the middle ages all the people including serfs, royalty, jews, and church members were devastated by disease that was unknown to them. The disease spread rapidly through Europe through a variety of means. The plague possesses many names like the black death or the black plague. No matter what the people referre d to it as it greatly affected the society inRead MoreThe Plague Of The 19th Century926 Words   |  4 PagesThe plague that struck Europe and Asia in the 14th century was undoubtedly the most devastating disease or natural disaster the world ever faced. The Bubonic Plague or Black Death killed an estimated 25 million people from 1347 to 1352 in Europe, which accounted for one third of Europe’s population.-1 Historians believed that the Plague started in Asia and then spread to Europe. The plague lasted for five devastating years, but it’s wrath did not end in 1352. The Plague would reappear throughRead MoreWhat Effects Did The Black Death Changed Europe1408 Words   |  6 Pages The Death Plague That changed Europe In 1348, a plague arrived that caused severe damage in many countries in Europe. The plague made a significant impact on the country, and it ending up killing fifty million people, which was sixty percent of Europe’s entire population (Slack 432). All of the deaths from the Black plaque it caused many different social and economic effects in Europe. Along with devastating effect, there were positive, social and economic changes resulting from the Black deathRead MoreBlack Plague1589 Words   |  7 PagesThe Epidemic is Here The Black Plague, one of the most devastating out breaks in history, is an historical event brought about with a great depression throughout Europe. This plague brought out the worst in mankind during the time the plague ran its course. How do people behave, when there environment becomes life threatening? (Herlihy, 18). The Black Death accounted for nearly one third of the deaths in Europe. Due to the death of many people there were severe shortages in labors, duringRead MoreThe Positive Effects of the Great Plague Essay616 Words   |  3 PagesThe Great Plague was a pandemic that killed many people, and for the people from the olden times the plague equaled painful death; it was torture. As a result, many people categorize ‘the Great Plague’ as a catastrophe that had caused huge damage in Europe, but without this epidemic, we many not have had substantial changes that lead us to the modern day we have now. The Great Plague was an outbreak that killed a third of population in Europe. It was a scourge that originated in the arid plainsRead MoreThe History of the Great Plague Essay1253 Words   |  6 PagesThe Great Plague was one of the most destructive diseases ever in the history of mankind. This Plague spread through China and eventually made its way to Europe and killed around 50 million people. During this time the Great Plague dominated and brought the worst out of people. This pestilence started in Europe during the 14th century. Around this time period the population was growing rapidly and the food supply was scarce due the severe weather. Winters were especially cold and very dry becauseRead More Black Plague Essay example1067 Words   |  5 Pages Living in Europe in the middle of the 1300amp;#8217;s would have been heartbreaking and dreadful. Not only were the living conditions very poor but there was an unknown disease that was wiping out a large percentage of European population. One cannot imagine the fear of wondering whether you or someone you loved was going to catch this deadly disease. No explanation would make a person feel safe from catching it or dying with it. The people of Europe just lived their lives as best they could realizingRead More The Plague Essay1241 Words   |  5 Pages The Plague nbsp;nbsp;nbsp;nbsp;nbsp;The rats did it! Rats, almost single handedly, killed off about a third of the European population throughout the 14th and 15th centuries. Its effects on western civilization still lasts today, but for the people who lived during the plagues wish indeed that they did not. Society was depressed, the economy was struggling, food was scarce, and all of Europe was in battle. Who would want to live in these dramatic conditions? No one, and not for centuriesRead MoreEssay On The Black Death924 Words   |  4 PagesBlack Death was God’s punishment, the only way to cure them of the plague was through God’s forgiveness. The article â€Å"Black Death† states, â€Å"By this logic, the only way to overcome the plague was to win God’s forgiveness.† Nevertheless, doctors in England would try different procedures to cure victims of the plague as well. The doctors would use techniques such as bloodletting and boil lancing to cure their patients (Bubonic Plague). â€Å"Bloodletting simply means a doctor would cut a person and let some

Robespierre Execution Research Free Essays

Question: What are the reasons for the execution of Maximilien Robespierre? Works Cited Hampson, Norman. The Life and Opinions of Maximilien Robespierre. N. We will write a custom essay sample on Robespierre Execution Research or any similar topic only for you Order Now p. : Duckworth, 1974. Print. In the Suggestions for Further Reading section of A Short History of the French Revolution by Jeremy Popkin, he recommends this book for further reading on Revolutionary Politics. This would be a good secondary source to look into. Sections of this book can be found on JSTOR. Jordan, David P. The Revolutionary Career of Maximilien Robespierre. Chicago: U of Chicago P, 1989. Print. In the Suggestions for Further Reading section of A Short History of the French Revolution by Jeremy Popkin, he recommends this book for further reading on Revolutionary Politics. Online, I see that this book has an entire chapter dedicated to Thermidor. This book is a good secondary source to use. Sections of this book can be found on JSTOR. A complete eBook can be found on Google Books. Proyart, Lievin-Bonaventure. La Vie et les Crimes de Maximilien Robespierre. Augsburg, 1795. Print. In the Works Cited section of The Revolutionary Career of Maximilien Robespierre, David P. Jordan cites this book, which was written a year after the execution of Robespierre. This is a good secondary source to look at. ?Robespierre, Maximilien,  Discours prononce par Robespierre, a la Convention Nationale, dans la seance du 8 thermidor de l’an 2 de la Republique une et indivisible ; trouve parmi ses papiers par la Commission chargee de les examiner. N. p. : Knowsley Pamphlet Collection, 1794. In the chapter on Thermidor in  The Revolutionary Career of Maximilien Robespierre. David P. Jordan cites this speech and talks about its impact on his execution. This would make a good primary source to look at. How to cite Robespierre Execution Research, Essays

Nike Advertising Essay Example For Students

Nike Advertising Essay Nike Financial Analysis Investing in a company has certainly changed over the years. Financial information is literally at one?s fingertips via the internet. In today?s fast paced corporate environment companies are under tremendous scrutiny to maintain their edge. The company I am evaluating is NIKE. This Financial analysis will consist of the following: Ratios from the Income Statement, Statement of Owner?s Equity, and Balance Sheet. This information is designed to assist a potential investor. Nike?s mission is complex. Listed below is a copy of Nike?s company philosophy. Company Philosophy: WE ARE ABOUT DREAMS. Nike was, is, and will always be a company driven by certain key philosophies. What are they? First and foremost, we are a company dedicated to innovation and the passion to create great product. From Bowermans Waffle Trainer to the Tour Accuracy golf ball, we make every effort to take consumers where they want to go before they realize they want to go there. WE ARE ABOUT THE CONSUMER. The consumer rules the roost. They make the important decisions. I answer to them, as we all do. The opinions of Wall Street analysts and media pundits are really just derivatives of our relationship with our consumers. When the young at heart seek out our products, when they respond to our messages and believe in what we stand for, when our relationship with consumers is healthy, thats when we grow. Even so, gaining true understanding of our consumers, and thereby being able to deliver meaningful innovation to them, is a huge challenge. Its not the demographics that change; its the deliverables. Ours is a constantly moving target. Technology continues to increase the pace and volume of options in all of our lives. WE ARE ABOUT IRREVERENCE. We are about irreverence. The great thing about Nike is that we have the ability to laugh at ourselves, to ind the humor in what we are doing, to compete aggressively but also to have fun. It shows in our best advertising, from Mars Blackmon to Andre Agassi. Irreverence has always been a core part of our culture. It is, for us, the balance between our attempt at greatness and the risk of arrogance. We mix confidence and strength with the humility to look at ourselves in the mirror and say, we can do better. WE ARE ABOUT WINNING AND COMPETING HARD. We invent markets and new ways to compete. We have withstood every challenge that has come our way. Winning starts with taking care of business at home and then looking for new challenges. We are doing both. WE ARE ABOUT CHANGE. Over the past twenty-five years we have had to reinvent ourselves many times. The first surge was with the Waffle Trainer and the running craze. When that slowed, we thought we ran out of market. We had another surge with basketball behind Michael Jordan, and cross-training with Bo Jackson. Then again, we Thought our growth was dead. Another surge came in 1995, when Nike became fashionable and athletic urban wear became king. But,that too ended in early 1998, as did the health of the Asian economy. There we were, with an over-extended brand. Each time we reinvented our company. In 1995, when we reached $3 billion in sales, we said $5 billion was the absolute limit. Three years later we were closing in on $10 billion. Each time we did succeed it was due, in part, to our fear of failure, which drove us harder and faster. Each time, however, it has gotten harder. We have covered more of the market, and now the targets seem smaller and more numerous. We have stretched our Nike brand quite far. Some say too far. .u0e7e301748b6ec254dc153ab11a61600 , .u0e7e301748b6ec254dc153ab11a61600 .postImageUrl , .u0e7e301748b6ec254dc153ab11a61600 .centered-text-area { min-height: 80px; position: relative; } .u0e7e301748b6ec254dc153ab11a61600 , .u0e7e301748b6ec254dc153ab11a61600:hover , .u0e7e301748b6ec254dc153ab11a61600:visited , .u0e7e301748b6ec254dc153ab11a61600:active { border:0!important; } .u0e7e301748b6ec254dc153ab11a61600 .clearfix:after { content: ""; display: table; clear: both; } .u0e7e301748b6ec254dc153ab11a61600 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u0e7e301748b6ec254dc153ab11a61600:active , .u0e7e301748b6ec254dc153ab11a61600:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u0e7e301748b6ec254dc153ab11a61600 .centered-text-area { width: 100%; position: relative ; } .u0e7e301748b6ec254dc153ab11a61600 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u0e7e301748b6ec254dc153ab11a61600 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u0e7e301748b6ec254dc153ab11a61600 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u0e7e301748b6ec254dc153ab11a61600:hover .ctaButton { background-color: #34495E!important; } .u0e7e301748b6ec254dc153ab11a61600 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u0e7e301748b6ec254dc153ab11a61600 .u0e7e301748b6ec254dc153ab11a61600-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u0e7e301748b6ec254dc153ab11a61600:after { content: ""; display: block; clear: both; } READ: Media Too Powerful? Essay Others say it still has more reach to go. What is clear to me now is that the market has changed. We have new competitors and, as before, we need to adjust. We need to expand our connection to new categories and toward new consumers. WE ARE ABOUT SOCIAL RESPONSIBILITY. You have all read the press and seen the media regarding Nikes labor practices. The reality is, we have set the highest standards of conduct and practices in the industry. We have the responsibility to let the rest of the world see this and know it as well. Thats why we are releasing a full corporate responsibility report this fall. Its a strong beginning. Where we are going. My aspirations for Nike are simple: I want Nike to be the best company it can be. I want it built to last. It must sustain beyond any team or any individual, including. Especially me. I wont say achieving these aspirations will be easy. But, they are the right ones for a company with our position, our brand reputation, our industry, our influence, and our capabilities. I believe we have the potential to do it. Weve done it before; we can do it again. It wont be easy. There are a million reasons why we wont succeed. There will be challenges and road bumps along the way. Some will lose confidence. The Street and the media will be licking their chops. And the stock will fall, and the stock will rise. We have to be prudent and manage a tight ship. But, if the time comes to choose between managing our short-term earnings and creating long-term success, I choose the latter. If that means taking another hit with the stock, then Im willing to live with that. If we are to succeed, one universal truth is clear: We need to go through a re-commitment process. Its one Ive had to go through over the past year, and I can tell you, its not easy. We are building the leadership team that will help Nike succeed in the long term. We will be honest with you and work through our challenges. We will have bad times. But then we will have better times and, soon, great times. We can do this. We will do this. One last constant thought: As we step into the future, there is an important piece of the past that we take with us. It is the memory of a singular man who passed away in his sleep on Christmas Eve. Strategically eccentric. A natural motivator. Complete in his understanding of sports and the athlete. Tireless in his pursuit of innovation. That man is Bill Bowerman. And while no reference can give justice to his contribution or adequately express his spirit, we will always try to be that which would make him proud. Philip H. Knight Chairman of the board And CEO Nike Financial Ratios 1999 (In Millions) Current Ratio = current assets/current liabilities = 5,247.7 divided by 1,4469.9 = 3. 626 In most industries, according to the textbook, 2.0 is considered a good ratio. Acid Test Ratio = cash + short term investments + current receivable/ total current Liabilities = 198.1 + 1,540. 1 + 65.4 + 73.2 = 1.297 Nike?s ability to pay all of their current liabilities, if they all came due immediately, is strong. According to most financial publications, an acid test of .90 to 1.00 is acceptable in most industries. Debt Ratio = total liabilities/ total assets = 1913. 1 divided by 5247.7 = .364 Most company?s debt ratios range around .57 . 67. Nike?s .36 debt ratio indicates a low risk debt position. Times-Interest-Earned Ratio = income from operations/ interest expense = 790. 2 divided by 44.1 = 17.9 The norm of U.S. businesses in this ratio falls in the range of 2.0 to 3.0 for most companies. This ratio of 17. .ubeb7e54ade02d9ac660d8a83d37af794 , .ubeb7e54ade02d9ac660d8a83d37af794 .postImageUrl , .ubeb7e54ade02d9ac660d8a83d37af794 .centered-text-area { min-height: 80px; position: relative; } .ubeb7e54ade02d9ac660d8a83d37af794 , .ubeb7e54ade02d9ac660d8a83d37af794:hover , .ubeb7e54ade02d9ac660d8a83d37af794:visited , .ubeb7e54ade02d9ac660d8a83d37af794:active { border:0!important; } .ubeb7e54ade02d9ac660d8a83d37af794 .clearfix:after { content: ""; display: table; clear: both; } .ubeb7e54ade02d9ac660d8a83d37af794 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ubeb7e54ade02d9ac660d8a83d37af794:active , .ubeb7e54ade02d9ac660d8a83d37af794:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ubeb7e54ade02d9ac660d8a83d37af794 .centered-text-area { width: 100%; position: relative ; } .ubeb7e54ade02d9ac660d8a83d37af794 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ubeb7e54ade02d9ac660d8a83d37af794 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ubeb7e54ade02d9ac660d8a83d37af794 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ubeb7e54ade02d9ac660d8a83d37af794:hover .ctaButton { background-color: #34495E!important; } .ubeb7e54ade02d9ac660d8a83d37af794 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ubeb7e54ade02d9ac660d8a83d37af794 .ubeb7e54ade02d9ac660d8a83d37af794-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ubeb7e54ade02d9ac660d8a83d37af794:after { content: ""; display: block; clear: both; } READ: Anthropolgy Essay9 means that Nike as a company can cover their interest expense almost eighteen times with their operating income. This figure in a word ?Outstanding. Rate of Return on Sales = net income/ net sales = 451.4 divided by 8,776. 9 = .0514 This ratio shows that Nike earns five cents for every dollar in sales. Rate of Return on Assets = net income + interest expense/ average total assets = 451.4 + 44. 1 divided by 5,247.7 = .094 (1997 total assets not listed) This ratio measures how profitably a company uses its assets. This is simply another tool to measure a company?s profitability. The rate of return on assets varies largely from industry to industry. Rate of Return on Common Stockholders Equity = net income preferred dividends/ avg common stockholders? equity 451.4 divided by 3298.1 = . 136 This rate of return again is a measuring stick of profitability. Nike?s 13.6% rate of return on stockholder?s equity would be considered strong in most industries. Earnings per share of Common Stock = 1. 59 This ratio must appear on the face of a company?s income statement. Nike (EPS) is up from 1.35 in 1998. This is another sign of a strong company, although it is not uncommon for a company to have a down year. These ratios show the following: ? Nike has a very good ability to pay current liabilities. This was evident in the current ratio and the acid test. ? Nike has an excellent ability to pay short term and long-term debt. This was proven in the debt ratio and times-interest-earned ratio. ? Nike is a solid company in 1999, from a profitability stand point. This was apparent in the Rates of return on sales, assets, and common stockholder equity. I would recommend Nike to a potential investor because of the reasons listed above, in this analysis. I would also recommend a thorough analysis of the Industry by researching at least tow of Nike?s closest competitors. Marketing Essays