James Beard Essay Example for Free

James Beard Essay James Beard was one of the most famous chefs of the 20th century. He was born May 5, 1903, and died January 21, 1985. Beard was well known for bringing French cuisine to the American middle and upper class population, and being the first to bring cooking to television. Julia Childs once described James â€Å"Beard was the quintessential American cook. Well-educated and well-traveled during his eighty-two years, he was familiar with many cuisines but he remained fundamentally American. He was a big man, over six feet tall, with a big belly, and huge hands. An endearing and always lively teacher, he loved people, loved his work, loved gossip, loved to eat, loved a good time. † This is what made him so renowned in the field of cooking, his love, passion, and willingness to learn as much as possible about culinary arts. James Beard will forever be in history though his 20 books, numerous writings, his personal foundation and the many awards and scholarships that go out named after him On May 5, 1903, James Beard was born in Portland, Oregon. His mother, Elizabeth Beard ran the Gladstone hotel, and his father, John Beard, was employed at the city’s customs house. Both his parents also had a love for cooking. The family spent many summers vacation at the beach in Gearhart, Oregon. This is where James was first introduced to the unique local foods of the North West. His family would fish, gather shellfish and wild berries, and then prepare their meals with whatever the found or caught in the area. Beards recalled his earliest memory of his interest in food was the Lewis and Clark Exposition of 1905, when he was only two years old. Beard reminisced in his memoir saying: I was taken to the exposition two or three times. The thing that remained in my mind above all others, I think it marked my life, was watching Triscuits and shredded wheat biscuits being made. Isnt that crazy? At two years old that memory was made. It intrigued the hell out of me. At only two years of age, Beard developed a love for cooking. When James was three, he got malaria and had to stay in bed. His mother and their Chinese helper took care of him and fed him. This gave him time to really enjoy the food. This is when he began to be influence by Chinese culture and there cooking habits, along with his mother’s cooking abilities. Both of these would help him later in life in culinary arts. Once he was out of bed he was back to his normal life, vacation at the beach, and spending time with his family. Another spot that James liked to go to was Seaside, a town only 3 miles away by train. There was an ice cream stand there, West’s Dairy, which was a popular hangout among the kids his age at the time. They had five cent milkshakes, and 28 flavors that included tutti fruity of course, along with cherry, wild blackberry, and blue huckleberry. Beard once said â€Å"It was probably the best five cents worth of anything I have ever had†. There were even times when James would walk the 3 miles so he could save his five cents on the train fare and use it for spending at the ice cream stand. Later on in his life, Beard went to college briefly at Reed College in Portland, from which he was expelled due to homosexual activity. Beards memoir states: By the time I was seven, I knew that I was gay. I think its time to talk about that now. † The James Beard Foundation said says in 1923 Beard went on the road with a theatrical troupe. † In the 1920’s, Beard briefly lived in France. There he observed French cuisine at their many bistros. He became a Francophile due to the influence the French culinary culture had on him. The James Beard Foundation said â€Å"he lived abroad for several years studying voice and theater, but returned to the United States for good in 1927. Initially training for being a singer and actor, for years Beard tried to get into the movie and theatre business but had no success. In 1935 he gave up and realized that was not the route he needed to take. This is when he and his friend, Bill Rhodes, decided that they need to capitalize on the cocktail party trend that was sweeping the nation and they opened their own catering company. In 1937, he opened up a small shop for his business, called Hors dOeuvre, Inc. † At that moment, Beard realized that his future was in culinary arts. This then led to the publication of Beards first cookbook in 1940, Hors DOeuvre and Canapes, a collection of his catering recipes based on cocktail foods. Then World War 2 came around, and rationing problems brought his business to a halt. Beard spent most the years during the war in Puerto Rico, Rio de Janeiro, Marseilles, and in panama with the United Seaman’s Service setting up sailors’ canteens. He also spent some of this time in cryptography. In 1945, Beard returned to New York City and completely devoted himself to his work in culinary arts. In 1946, James Beard starred in the first cooking show ever aired on television, I Love to Eat, on NBC, which began his rise to infamy. He started appearing on other television shows, and the radio. He started contributing the writing of many famous articles and columns such as Womans Day, Gourmet and House and Garden. He ran his own restaurant, and began consulting other restaurant owners and food producers. In 1955, he opened The James Beard Cooking School. For the next 30 years, he taught men and women the art of cooking. He didn’t only teach at his own schools in New York City and Seaside, Oregon, but around the world to culinary groups and other schools. The main lesson that he tried to instill in upcoming American chef was the preparation of truly good food using fresh American ingredients. James Beard died at the age of 82 on January 1, 1985. He was cremated and his ashes were spread over the beach at Gearhart, Oregon, where he spent his summers as a kid. Beard started out with nothing but a catering company and a love for food, and became one of the most famous Chefs in history. He was known as â€Å"The Dean of Cuisine† and â€Å"The Father of Gastronomy†, and the name James Beard will always be in culinary arts history.

Profile of Reverand John Hale in Arthur Millers The Crucible :: Essay on The Crucible

The tragic tale of the Salem Witch Trials in Massachusetts was re-written by Arthur Miller in the form of the play â€Å"The Crucible†. The trials have been studied to figure out what really happened, but no one will ever know since it happened decades ago. The play is the closest reenactment we have to help us see how people could have reacted to life. â€Å"The Crucible† shows how using others as a cushion to keep from being punished can go extremely bad. Amidst all the chaos a man by the name Reverend John Hale came to help but ended up with making it a huge amount worse. Mr. Hale as they refer to him in the play, started out as a student at Harvard College and graduated in 1657. Ten years later he was ordained as a minister of the Parish Church in Beverly, Mass on September 20th 1667. He was the first minister of this church from what I read. A few years past and Hale was called to the Village of Salem to rid its streets of witches and witchcraft. His degree and church background make Mr. Hale the best candidate to earn people’s trust, and use it to make the investigation advantage. Mr. Hale’s trip to Salem solely took place so he could just if the girls’ sickness had to do with witchcraft. The manner at which he approached it doomed it from the start, he came in the middle of the chaos with the attitude that he could just fix everything with his books. His stubbornness to look at the situation from another point of view collided with the small town’s fear. This presence seemed to confirm their fear that the devil was already present. Salem was small enough where every one knew everyone and where he or she lived and worked. Word can spread fast and people became determined to stamp out the evil in their town. As the accusations started fueling Hales’ fire to find witchcraft other girls started acting like they were helping Salem. When all the girls started acting like the accused were strangling them and making them do bad things, it just went too far. People started being hung and more of the town started to believe what these young girls had been saying and feeling. Hales was working with the judges and town leaders to see what could be done with the alleged witches and wizards.

Impact of Recent Changes in Capitalism on Social and Economic Status of Women

Introduction The history of women and their oppression has been well documented in literature. Several authors have explored the origin of women oppression. Women’s oppression has its roots in capitalism which has existed for many centuries (Stuart & Martin 1989). Their oppression is of course not unique to capitalism as it has been there since the colonial times and through the 19th century and 20th. However, over the past few decades, we have observed significant changes in capitalism which has impacted on the status of women. Many changes have been observed some of which are positive and others which take a more gloomy view. In this respect, this paper explores how the recent changes in capitalism have affected the social and economic status of women. In particular, the paper considers how post-Fordism and neoliberalism have altered women’s socio-economic position. Changes such as industrialization, urbanization, internationalization, globalization and modernization will be discu ssed in detail. The paper will examine how the concurrent cultural shifts have interacted with these socio-economic transformations and determine what the overall impact of these different factors has been. An exploration of this topic will be incomplete without examining the origin of capitalism and the rise of post fordism and neoliberalism. History of capitalism and crisis of fordism The origin of capitalism remains shrouded in the mists of history. Its exact birth date is speculated to be anywhere between the 14th century and the 17th century (Stuart & Martin 1989). Capitalism emerged from a feudal society and is linked to Europe’s economic system of the late 1700s (Price 2005). It is argued to have begun with the enclosure of common land used by peasants, and development of merchant capital and slave trade in western Europe (Price 2005). Rich landowners appropriated public land and made it their own private land, thereby creating a landless working class which provided the needed labour to develop industries (Harvey 1989). Fordism, a regime characterized by mass production, emerged in the early 20th century. It became dominant in the advanced capitalism during the postwar reconstruction. It was characterized by the mass production of homogenous consumer products, use of rigid technology, increased productivity, rising income which is dependent on product ivity, increased profitability and investments, and homogenization and intensification of labour (Clarke 1990). Fordism gave birth to the current phenomenon of ‘mass worker’. The fordist regime adopted a set of cultural norms and values which continued to oppress women. The regime supported the male breadwinner model where women were seen as mothers and house wives while men worked in paid labour (Castell 1996). Gender relations under this regime required women to work without pay while the male subject was remunerated. However, fordist regime had its limits which were technical, social and economic in nature. Technical limits were mainly the exhaustion and the intensification of labour (Clarke 1990). The economic limits included decrease in profitability which was a result of the rising wages and declining productivity. Social limits were related to the growing demands of mass worker. Post-fordism and neoliberalism Given the crisis of fordism, a new form of ‘post-fordist regime’ emerged which was characterized by the growing differentiation of products, new technologies, more flexible production methods, and greater skill and flexibility, and increased involvement of women in paid labour (Burrow & Loader 2003). Post-fordism emerged primarily due to three main driving forces: internationalization, technology revolution, and as a result of the paradigm shift from fordism to post-fordism (Broomhill 2001). Introduction of the welfare system and the rise of women movement in the post-fordist regime led to the abandonment of the male breadwinner model and women’s financial independence (Broomhill 2001). Several historical events have transformed the social landscape including technological revolution, demise of international communist movement and the collapse of Soviet statism (Castell 1996). Proliferation of technologies centred on information systems have reshaped the social la ndscape and accelerated the pace of development of the society. Moreover, the rise of globalization has led to a new form of relationship between states and economies (Castell 1996). All these changes have been driven and shaped by the neo-liberal thought. Neoliberalism has led to the increasing globalization, decentralization, de-regulation of the market, organizational restructuring, growth and consolidation of transnational corporations, and ‘free marketization’ which has reduced the old state and contractual controls (Acker 2004). Furthermore, new forms of flexibility in employment relations including part-time and online forms of working have emerged, changing the working environment. Post-fordism and neoliberal policies have resulted in the feminization of labour and made men and women both similar in the public sphere (Broomhill 2001). Impact on women’s economic and social status These changes in capitalism have had profound yet contradictory impact on the economic and social status of women. While it has to a large extent improved women’s socio-economic status by undermining older forms of male dominance, it has to some extent worsened their life conditions (Beck et al. 2001). On the positive side, post-Fordism and neoliberalism have altered women’s socio-economic position and disrupted the settled economies that supported patriarchy structures. Post-fordist relations of production have resulted in the inclusion of women in paid labour force. Neoliberal policies have increased flexibility in employment. These changes have changed the way women view themselves and challenged the patriarchic view of domination of women by the men (McRobbie 2008). And since domination essentially occurs through construction of reality, if the women subjects do not internalize patriarchalism, then its demise is just a matter of time. While some religion in some cou ntries, especially Islam, continue to re-state the sanctity of the patriarchal family, its disintegrations is evident in many countries. Women in many countries have joined the paid workforce and even conquered legal parity at work. However, their inclusion in the paid labour force does not necessarily imply that they were relieved of the burden of Partriachalism. It might be that despite working for pay, women still continue with their role of providing domestic and caring labour at home. Nonetheless, their liberation from oppression is clearly evident across the globe. The number of women in paid workforce has been increasing gradually over the years. Estimates indicate that women currently account for about 42% of the global workforce with majority of them employed in the health sector (75%) (WHO 2008). Not only has their economic status improved, their social status has improved as well. Women are increasingly being seen as equals to men including in politics where they were ess entially absent. The political system in many countries has opened up to female leadership. The participation of women in leadership positions and politics is clearly evident in the recent presidential elections in the US where Hillary Clinton contested against President Barack Obama. Many more women leaders have emerged all over the world with President Ellen Johnson Sirleaf of Liberia being the most popularly known in Africa, having won as the first ever female president in Africa. Others include the German chancellor Angela Merkel, President Cristina Fernandez of Argentina, Prime minister Sheikh Hasina of Bangladesh, President Dilma Rousseff of Brazil and many more (Aguirre et al. 2012). The list is certainly endless. In addition, the education system has become more open to the girl child including in fundamentalist countries such as Iran which have seen a growing number of women graduates (Castell 1996). The affirmation and recognition of women’s values, the growing wome n movements and critique of patriarchalism are some of the most important transformations that have contributed to the new status of women. Feminism As women movements continue to fight for their autonomy and recognition of women’s values, the more has feminism diversified. A new frontier has emerged based on the notion of ‘degendering’ of the society which implies a society free from gender associations or rather one that moves beyond gender (Murphy 2011). This new frontier in feminism has superseded the old battles that existed between equality feminism and difference feminism. By mobilizing women to oppose patriarchalism and to defend their rights, feminism has transformed to the point of canceling the distinction between men and women (Sulivan 2007). Men and women are now largely viewed as individuals with meaningful existence, liberating them from the patriarchic burden of responsibilities. This has certainly been very helpful in achieving a more equal society. Women’s role in the development of the economy is increasingly being recognized. Available evidence indicates women to be powerful drivers of economic growth. A study by the Center for Economic and Policy Research found the high rate of women employment to be the driving force of the US economy. The study found that, if women had not entered the workforce over the last 30 years, the economy would have been 11% less. Today, we see several institutions including the World Bank and the Department for International Development (DFID) campaigning for more involvement of women in economic development (Aguirre et al. 2012). According to the World Bank, encouraging the growth of women entrepreneurs is as sure way of fighting poverty. Women are poised to drive the global economy in the next coming decades. Estimates indicate that nearly 1 billion of women across the world might join paid labour over the coming decade (Aguirre et al. 2012). Criticism While there seems to be a progress in women’s socio-economic status driven by post-fordist relations and the neoliberal policies pursued by the several states, some countries continue to follow partriarchalism. Despite its inevitable demise, some countries tend to still follow partriarchal lines which subordinate women under men’s dominance. A good example can be seen with Saudi Arabia. A woman’s place in Saudi Arabia is still in the home. Saudi women continue to walk in the shadow of their men. For example, despite their obvious presence, they are not allowed to participate in the public sphere (Hamdan 2005). They are viewed as non-existing in the public sphere and are silenced in public life. They continue to be subordinated to male individuals in both private and public sectors despite their qualifications. While a progress seems to have been made with respect to their education, at the core of women’s education is sex segregation. Education in Saudi co ntinues to support the prevailing gender structures, implying lower social status of Saudi women (Hamdan 2005). Perhaps more shocking news is the fact that Saudi Women are not allowed to drive. While religious reasons are generally given for denying women the right to drive, it is clear that their place is still in the home. Also, even though many women have progressed economically due to their inclusion in workforce, only a few of them work in the management positions. In spite of the increasing number of women in workplace, many of them are concentrated in the lower-status occupations. For example, while the health sector comprise of 75% of the women workforce, they are concentrated n the lower status working either as nurses and midwifery personnel or as ‘caring’ cadres (WHO 2008). They are largely underrepresented at the managerial level and specialist categories such as dentists, pharmacists, and physicians. Feminist critique of sexism seems to have given justifica tion to new forms of exploitation and oppression. With more women joining the paid workforce, the ‘family wage’ model central to state-organized capitalism which viewed men as the ‘breadwinners’ and women as ‘home makers’ has now been replaced by the newer, more modern norm of ‘two-earner’ family (Fraser 2013). While this may sound like good news, the reality is that post-fordism and neoliberal ideas have resulted in depressed wage levels, increased job insecurity, exacerbation of double shifts and the increase in the number of working hours (Fraser 2013). What was once the ‘family wage’ in capitalism has now been replaced by a low-waged work. Majority of their work has not really brought liberation rather a ‘tedious reality’ far from the perceived image of a working woman (Frank 1999). They remain relegated to lower positions at work. Even with many women being employed either in full or part-time positio ns, they are not getting to the ‘top’. Also, where their role is clearly evident, women continue to suffer from some level of hostility and public disapproval. For example, when it comes to journalism, women have proved flexible and able to forge new approaches. Their adaptability to new approaches is clearly evident with their news coverage of the September 11 events, the overthrow of Taliban forces and the bombing of Afghanistan (Chambers 2004). Women journalists developed different angles in their approach to war journalism, thereby attracting more news audiences. Yet despite the critical role that they played, a heated public debate emerged about the risks of reporting in war zones. It is clear that despite their liberation from oppression, women are still defined in terms of men. As wives and mothers, women clearly continue to suffer from some level of hostility and public disapproval that men with families do not ( Chambers 2004 p.13) In addition, some recent even ts have pointed to the renewed crisis of capitalism. There is currently a crisis of profitability which is facing capitalism. The profit rates are falling and many firms have been laying off workers. British capitalism is particularly in a crisis given its relatively weak position compared to other imperialist nations (FRFI 2013). The current focus on the growth of the private sector implies that priority has been placed on industrial development over social objectives. Workers wages have been cut to a massive extent and unemployment seems to be growing. Given this crisis, capitalism is now insisting on women returning to their traditional roles as domestic workers (FRFI 2013). Neoliberal ideas contributing to sexism While the recent changes experienced by capitalism seem to have contributed to the recognition of women as gender equals, recent developments continue to enact sexism. For example, many advertisements of today show nude pictures of women. What this means is that the male gaze is invited and encouraged as women continue to become objects of the gaze. Moreover, many clubs continue to feature young women stripping, lap-dancing and flashing out their breasts in public (McRobbie 2009). A hyper-culture of commercial sexuality seem to be growing, an aspect that is clearly a repudiation of feminism. Even the young women journalists who through their education are ‘gender aware’ refuse to condemn such acts of commercial sexuality. It seems like the new female Subject is called upon by the society to withhold critique and to remain silent despite her freedom. Consumer and popular culture seem to be introducing invidious forms of gender re-stabilization by pretending to support fem ale success yet tying the female subject to new post-feminist neurotic dependencies (McRobbie 2009). In order to be considered a modern sophisticated girl, the female subjects choose to withhold their critique despite their obvious image as sexual objects of men’s gaze. With the progress seen with women’s socio-economic status, one might think that the feminists are happy to see the things they fought so hard to have come true. However, what has emerged is different from what was desired (Cornwall et al 2008). Neoliberal values seem to have created space under which women can be further oppressed and their core values undermined. The culture of neoliberalism has led to the idea of self-sufficiency and free choice. All that one has to do is to compete in the market place. Some women have even gone to great lengths to make themselves acceptable to the world of work by performing cosmetic surgery under the illusion of having freedom choice to make their own decisions (Gup ta 2012). Yet some of their work goes against their core values. Many women have ventured into the sex industry under the illusion of having control over their lives. They have chosen this kind of work in the spirit of freedom of expression of their sexuality and believe that the work is liberation from the drudgery of cleaning jobs (Gupta 2012). However, the so called freedom of expression is actually reducing them to the status of ‘commodity’ and as objects of ‘men gaze’. Feminism which once fought for the liberation of women from oppression has become entangled in a dangerous liaison with neoliberal efforts to build a free market society (Fraser 2013). It has led to the notion of ‘freedom of choice’ which ultimately has given rise to prostitution. Feminists’ perspective on prostitution, however, is an interesting one. Feminists argue that prostitutes are social workers and have in fact used their social concepts to contend for decrimi nalization of prostitution (Sullivan 2007). Feminists have formed strong links with prostitutes resulting in advances in the area of prostitution law reform. The feminist position of the sex industry is one that empowers women as long as they choose to participate. But what is progressive about women’s participation in prostitutionCan women really progress by becoming sexual objects and objects of male gazeWhat is revolutionary about legalizing prostitutionIn fact, legalizing prostitution just makes women to become sexual commodities. The fight against sexism that has long been fought for by feminists seems to have ended up again to encouraging it. The progress in women that we have seen so far will not continue if women continue to follow neoliberal ideology that values individual ‘choice’ and ‘freedom’ over emancipation. Selling their bodies will not provide them with independence and empowerment that they seek but rather it will just reinforce mal e power and privilege. Trafficking of women and children Further, neoliberal ideology has led to the growing trafficking of women and children. This is particularly evident in Asia and the pacific region where human trafficking has grown to become a booming business. Millions of children in the pacific region are traded to work in brothels or sweatshops. Human trafficking has not grown by accident but as a result of free trade and structural adjustments brought about by neo-liberalism. Sex trafficking is currently a growing market in some parts of Eastern Europe, most notably Romania and Albania (FRFI 2013) Conclusion There is no doubt that the socio-economic status of women has improved following the recent changes in capitalism. This is evident in their inclusion in the paid workforce, their enrollment in eductation and increased participation in the public sphere including in politics. However, to some extent, these changes have painted a gloomy picture with regard to the status of women. A vast majority of them continue to occupy positions at the low levels of the organization. Also they continue to suffer from some level of hostility and public disapproval. Neoliberal ideology has led to their increasing commodification and increased trafficking of women and children. A hyper-culture of commercial sexuality seem to be growing, an aspect that is clearly a repudiation of feminism. Nonetheless, a huge progress has been made. Today, there are many successful women in the capitalist society. In fact, many women seem to have embraced the capitalism and showed support of it due to their improved soc ial and economic status. If their status is to be further improved in post-fordist employment, policy initiatives must address the issues of women’s employment, skills and training (Burrows & Loader 2003). Furthermore, there is need for public policy to challenge the polarized labour market that has emerged from post-fordism. Neo-liberal policies which support the development of a polarized market are socially divisive. Also, feminist scholars need to caution Women against prostitution. Selling their bodies will not provide them with independence and empowerment that they seek but rather it will just reinforce male power and privilege Reference Acker, J., 2004. ‘Gender, capitalism and globalization’. Critical Sociology, vol. 30 (1), pp.17-41 Aguirre, D., Hoteit, L., Rupp, C. and Sabbagh, K., 2012. Empowering the third billion women and the world of work in 2012. Booz & Company McRobbie, A., 2008. The Aftermath of Feminism: Gender, culture and social change, pp. 1-95. Zygmunt, B., 2001. The Individualized Society. Polity press. Beck, Ulrich & Elizabeth Beck-Gernsheim, 2001. Individualization: institutionalized individualism and its social and political consequences. Sage publishers. Broomhill, R., 2001. ‘Neoliberal globalism and the local state: a regulation approach’. Journal of Australian Political Economy , No.48 Burrow, R. and Loader, B.D., 2003. Towards a post-fordist welfare stateLondon: Routledge Castells, M., 1996. The Power of Identity. Blackwell Castells, M., 1996. The Rise of the Network Society. Blackwell Chambers, D., Steiner, L and Fleming, C., 2004. Women and journalism. Routledge Clarke, S., 1990. The crisis of Fordism and the crisis of capitalism. University of Warwick. Cornwall, A., Gideon, J. and Wilson, K., 2008. ‘Introduction: reclaiming feminism: gender and neoliberalism’. IDS Bulletin, vol. 39 (6) Franks, S., 1999. Having None of It: Men, Women and the Future of Work, Granta. FRFI, 2013. Women’s oppression under capitalism. Revolutionary Communist Group [viewed on 3rd May 2014] available from http://www.revolutionarycommunist.org/index.php/women-s-oppression/2850-women-s-oppression-under-capitalism Gupta, R., 2012. Has neoliberalism knocked feminism sideways[viewed on 3rd May 2014] available from http://www.opendemocracy.net/5050/rahila-gupta/has-neoliberalism-knocked-feminism-sideways Hamdan, A., 2005. ‘Women and education in Saudi Arabia: challenges and achievements’. International Education Journal, vol.6 (1), pp.42-64 Harvey, Da., 1989. The Condition of Postmodernity. Blackwell. Jessop, B., 2008. Post-fordism and the state, UK, Lancaster Murphy, M., 2011. A progressive dialogue: building a progressive feminist movement in neo-liberal times. [viewed on 3rd May 2014] available from http://rabble.ca/news/2011/10/progressive-dialogue-building-progressive-feminist-movement-neo-liberal-times Price, R.G., 2005. Understanding capitalism part IV: Capitalism, culture and society. [Viewed on 2nd May 2014] available from http://www.rationalrevolution.net/articles/capitalism_culture.htm Stuart, H and Martin J, 1989. New Times: The Changing Face of Politics in the 1990s. Lawrence & Wishart Whelan, Imelda, 2000. Overloaded: Popular Culture and the Future of Feminism, The Women’s Press. Sullivan, B., 2007. Feminist approaches to the sex industry. Australia: University of Queensland World Health Organization (WHO), 2008. Gender and health workforce statistics. World Health Organization.

Analysis Of Comparative Balance Sheet Finance Essay - Free Essay Example

Sample details Pages: 4 Words: 1101 Downloads: 10 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? 1-Liquidity position: the working capital of the company is positive in this year 2010. Cash and balances with RBI shows increment of and balance with bank and money at call are decreasing by so here current asset are decreasing by and other liabilities and provisions are increasing by and bills for collection increase by so here current liabilities are increase by and the working capital are which means the liquid position of the company is not sound and the business needs to focus on it. 2- financing position: there was an increment of in the year 2010 in long term loan which shows that business needs money from outsider and it has liability to to pay it. Don’t waste time! Our writers will create an original "Analysis Of Comparative Balance Sheet Finance Essay" essay for you Create order In this year fixed asset and investment are decreasing by and it shows that asset are decreasing it means business has sold its asset. Selling of asset and increment of long term loan shows that financial position of the company is not satisfactory and focus is needed by it. 3-) profitability position: in the year 2010 reserve and surplus are increasing by which is increment of and fixed asset and investment are decreasing by and but it cannot said that business are in profitability position because the it was said that amt. of increment in reserve and surplus was taken from loan which business has taken from outsiders profitability position of the company is not in good position. ANALYSIS OF COMPARATIVE INCOME STATEMENT On the year 2010 there was an increment of net sales by which is of 2009. Yes net sales has increased but expenses has also increased with it that is payment to employees has increased by that is operating expenses are increased by that is in 2009.which is great increment and the business needs to focus on this expenses and try to control it so that it does not affect the profit of the business. In this year interest is also increasing which is of 2009 which shows that business has taken loan from the outsider in 2009.so overall it was said that if expense will control by the business its net profit will be increased. ANALYSIS OF COMMON SIZE BALANCE SHEET 1-Liquidity position: in comparison to 2009 working capital was constant in 2010. Cash and balance with RBI up in comparison to in 2010 but balance with bank and money at call are decreased by in comparison to in 2009 which shows that current asset are decreasing in comparison to 2009 and current liabilities such as other liabilities and provisions are decreased by in comparison to in 2010 and bills for collection are increased up to in comparison to in 2010 which shows that working capital in comparison to 2009 was not sound in 2010 and the business needs to focus on it. 2-financial position: in comparison to 2009 the long term loans in 2010 are increased up to in deposits and borrowings are decreased by So in comparison to 2009 financial position of the company was constant that approx. there was n change in the long term loan. so in comparison to 2009 financial position shows a little bit increment which is adaptable and does not affect much on the business. 3-profitabilit y position: in comparison to 2009 in the year 2010 the reserve and surplus and equity shareholders are decreased up to and which was and in 2009 and investment and advances are increased up to and in comparison to and but here fixed asset and other asset are decreasing up to and in comparison to and in 2009. It shows that fixed assets has been sold in the year 2010 which shows that the business needs money in this year to fulfil its requirement it has sold its asset. It means the profitability position of the business are not satisfactory in comparison to 2009. ANALYSIS OF COMMON SIZE INCOME STATEMENT In comparison to 2009 in the year 2010 some expenses are increasing and some expenses are decreasing such as payment to employees are increasing up to in comparison to and other expenses and administrative expenses are decreasing up to in comparison to which shows that expenses has not made any kind of effect on profit of the business in comparison to 2010 and interest has also shown decrease in 2010 up to in comparison to .in 2010 the business has taken loan from outsider but in comparison to 2009 its interest loan was less and in comparison to 2009 the business has earned more profit up to in 2010 which shows that the business was in good position in comparison to 2010. TREND ANALYSIS OF BALANCE SHEET 1-Liquidity position: current asset such cash are increased up to and money at call are decreased up to and current liability such as other provisions and liability are increased up to and bills for collection are increased up to which shows that working capital of the business are increasing in comparison to 2009 and its shows that working capital was in satisfactory position thats why liquidity position was also sound. 2-Financial position: in comparison to 2009 deposits and borrowings had shown increment up to and it means the company had taken loan from outsider which means that it had liability to pay it and it may be that it effects it asset because to pay its loan it has to sell its asset so if compare 2009 to 2010 it was said that the financial position of the company is sound and the company needs to focus on it. 3-profitability position: in the year 2010 reserve and surpluses had shown an increment of but it was not said that this increment was because of profit but the reason behind this increment is that the loan has transfer to it and this loan was also used in increment of investment, advances and other asset by and but fixed asset are decreasing which shows that fixed asset has been sold in this year because of the need of the company. So it was said that profitability position of the company is not sound it was depend upon loans to fulfil its requirement. TREND ANALYSIS OF INCOME STATEMENT In comparison to 2009 there was an increment of net sales in 2010 by but there was an little bit increment in expenses also that is payment to employees increased by and other expenses and administrative expenses are increased by and other expenses, provisions and contingencies expenses are increased by which say that company needs to focus on it because now it was controlled but if business does not focus on it, it may be increased and effect the net profit of the company. So to maintain it profit it has to focus on it. Interest rate has also increased by which shows that the business has taken long term loan thats why it interest has increased.