Comparing Financial Ratio Analysis Between Two Companies Finance Essay

Comparing Financial Ratio Analysis Between Two Companies Finance Essay A financial report or the financial statement is known as an official record of the financial activities of a person, a business, or any other entity. In the British English also including the United Kingdom company rule; a financial statement is frequently mentioned as an account, even though the word financial statement is also mostly used, mostly by the accountants. In a business enterprise, all the related financial evidence, presented in a structured method and in a form that is really easy to copy and understand by others, are called the financial declarations. They normally contain four basic financial declarations, escorted by a management analysis and discussion. Statement of cash flows: reports that shows the cash flow activities of a company, normally its operation, financing and investing activities. Balance sheet: this is also referred as the statement of financial condition or position, reports that show the companys  assets, ownership equity, and the  liabilities at a given period of time. Statement of retained earnings: this explains the changes in the retained earnings of a company over its reporting period. Income statement: this is referred to as a Loss and Profit statement, income reports of a company, profits, and expenses over a certain period of time. Loss and Profit account is provided with information on the process of the enterprise. These include the various expenses and the sale that acquired during the dispensation state. For the large organizations, these statements are often difficult and may include a wide-ranging set of notes to the financial statements and analysis and management discussion. The notes are usually describing each item on the cash flow statement, balance sheet, and income statement in more detail. All notes to financial declarations are considered an integral part of the financial declarations. Two companies are compared and contrasted. This will show the difference of everything between both these companies. It shows the different income ane different profits earned by these companies. It also shows that even different companies have many things that do not come in common. FORMULA TIME ENGINEERING BERHAD WONG ENGINEERING CORPORATION BERHAD Liquidity Ratios Networking Capital= Current Assets Current Liabilities = 358618 113715 = 244903 = 51929026 1517900 = 50411126 Current Ratio= _Current Assets__ Current Liabilities 358618 / 113715 = 3.15 = 51929026 / 1517900 = 34.21 Quick Ratio = Current Assets (Inventory+Prepaid Expense) Current Liabilities = 358618 ( 72 + 35220 ) 113715 = 358618 ( 35292 ) 113715 = ( 323326 ) 113715 = 2.843 = 51929026 ( 19423010 + 175601 ) 1517900 = 51929026 ( 21179021 ) 1517900 = 3721752.23 Assets Utilization Ratios Accounts Receivable Turnover ( Net Credit Sales + Average Accounts Receivable) = 256536 . [ 64657 + (24970 / 2) ] = 256536 . ( 64657 + 12485 ) = 256536 77124 = 3.32 N / A Average Collection Period = Accounts Receivable Daily Credit Sales = 24970 . ( 68643 / 365 ) = 24970 118.06 = 132.7 = 133 days = 1777208 . ( 11995710 / 365 ) = 1777208 32864.96 = 54.08 = 54 days Inventory Turnover Ratio = Cost of Goods Sold Average Inventory = 64651 . ( 40964 / 2 ) = 64651 20482 = 3.16 = 63297596 . ( 19423010 / 2 ) = 63297596 9711505 = 6.52 Fixed Assets Turnover = Net Sales . Total Fixed Assets = 999132 2248486 = 0.444 = 2370124 . 147201386 = 0.016 Leverage Ratio Debt Ratio = Net Sales . Total Assets = 999132 2248486 = 0.444 = 0.444 x 100 = 44.4 % = 2370124 . 147201386 = 0.016 = 0.016 x 100 = 1.6 % Equity Ratio = Total Liabilities . Stockholders Equity = 1249165 959625 =1.301 = 15446858 129147162 = 0.120 Times Interest Earned Ratio = Earnings Before interest and Tax Interest Expense = 106497 7218 = 17.53 = 18 times N / A Profitability Ratios Gross Profit Margin = Gross Profit Net Sales = 200887 999132 = 0.201 = 0.201 x 100 = 20.1 % = 6900285 2370124 = 2.911 = 2.911 x 100 = 291.1 % Return on Total Assets = Net Income . Average Total Assets = 68643 . ( 2248486 / 2 ) = 68643 1124243 = 0.061 = 70197881 . ( 147201386 / 2 ) = 7019881 73600693 = 0.095 Return Common Equity = Earning Available to Commons Stockholders Average Stockholder Equity = 39696 959626 = 0.041 N /A Market Value Ratios Earnings per Share = Net Income-Preferred Dividends . Total Common Shares Outstanding = 24970 56490 = 0.442 N /A Dividend Yield = Dividend per Share Market Price per Share N / A N / A Conclusion Those are the following latest reports of financial reports of two different companies. As what we can see above is that WONG ENGINEERING CORPORATION BERHAD (WECB) has better network and better income compared to TIME ENGINEERING BERHAD (TEB). But both companies are from the same industries. Both of these companies are in the engineering field. They both sell products regarding engineering. By comparing these companies we can clearly see which company is much more successful and which is not. As you can see that the amounts of WONG ENGINEERING CORPORATION BERHAD is very high compared to TIME ENGINEERING BERHAD, but (WECB) has no income at all. They suffer from loss. Even though (TEB) has low income they do have some profit at the end of the day. This makes it clear that amount is not enough to make a company successful; a company needs skills to do so. Therefore the companies are compared and contrasted.

Microstructural Brain Injury in Post-Concussion Syndrome After Minor He

The article Microstructural Brain Injury in Post-Concussion Syndrome After Minor Head Injury, by ****, studied post concussive symptoms relationship with innovative MRI imaging. Mean diffusivity, fractional anisotropy, and the presence of microhaemorrhages were used to indicate micro-structural brain injury in subjects with minor head injuries. Although they experienced symptoms participants’ CT (computed tomography) and normal MR images did not display any irregularities. Participants contained 21 MHI patients and 12 controls that were healthy who were matched to the ages (between the ages 18 to 50), genders, and educational levels of the MHI participants. The MHI patients were involved with the study 1 month after being in the emergency room with head trauma. All needed a normal neurological inspection and a Glasgow Coma Scale (GCS) of 13-15, which determines the conscious state of an individual. The patients and controls were scanned with diffusion tensor imagining (DTI) and high-resolution gradient recalled echo (HRGRE) weighted sequences. Their cognitive function was assessed with the Mini Mental Status Examination (MMSE). The Rivermead Postconcussion Symptoms Questionnaire (RPSQ) measured the severity of their post-concussive symptoms. A higher score meant that the symptoms were more severe after the injury. Additionally, the number of days before the patients went back to work or school was noted. The results indicated that microhaemorrhages were seen in only one patient. Fractional anisotropy showed a decrease in the subcortical white matter of the right temporal lobe. When correlated to the severity of post-concussive symptoms FA displayed decrease in the uncinate fasciculus, the fronto-occipital fasciculus, the interna... ...s the symptom severity did not correlate to completing the task correctly. Works Cited Lannsjà ¶, M., Raininko, R., Bustamante, M., Von Seth , C., & Borg , J. (2013). Brain pathology after mild traumatic brain injury: an exploratory study by repeated magnetic resonance examination. J Rehabil Med, 45(8), 721-728. doi: 10.2340/16501977-1169 Pardini, J., Pardini, D., Becker, J., Dunfee, K., Eddy, W., Lovell, M., & Welling, J. (2010). Postconcussive Symptoms are associated with compensatory cortical recruitment during a working memory task. Neurosurgery, 67(4), 1020-1028. doi: 10.1227/NEU.0b013e3181ee33e2 Smits, M., Houston, C., Dippel, W., Wielopolski, A., Vernooij, W., Koudstaal, J., Hunink, G., & Van Der Lugt, A. (2011). Microstructural brain injury in post-concussion syndrome after minor head injury. Neuroradiology, 53(8), 553-563. doi: 10.1007/s00234-010-0774-6

How Effectively the Barnardo’s Website Presents it’s Campaign to Prevent Child Poverty Essay

* The layout of material * The way in which language is manipulated * The effect on the intended audience In this essay I will analyse how the use of graphics, language, lay-out and links in this website are effective in raising peoples’ awareness so that Barnardo’s can help to stop and prevent child poverty. Barnardo’s deals with many situations and projects such as day care and play schemes, after school clubs, advice and counselling for parents and parenting education. There are over three hundred of these projects, run by Barnardo’s, around the UK. In this website, Barnardo’s are appealing to a younger audience. In the text it tells us that they have launched an e-card campaign asking 1 million â€Å"children and young people† to respond. I think this is a good idea because most of the young people are on the Internet now as opposed to the older generation. The other aspect of the article that appeals to young people is the fact that it is related to people of the similar age groups and the case study can be related to more easily by younger people as it is about a young person. Although it is aimed at younger people it is going to get passed on to the adults anyway by asking for help on the Internet, telling a teacher as part of a school project. The idea of having this campaign on the Internet is more appealing as more people would look on the Internet for a campaign instead of calling in to a store and picking up a leaflet. In this campaign, Barnardo’s use pictures to try and persuade us to help. They persuade us by making us feel sympathetic towards the children, which will make us want to help the children. They do this by showing us pictures that we can relate to, pictures such as school halls and corridors, outer doors and swing parks. They show us these pictures because these are places that would be related to children. But the difference, however, is that they show them as being derelict and vandalised. The other thing they use is dull colours, which makes the pictures seem sad, lonely and also evil. By making them derelict and dull they make us think that the victims feel sad and lonely because that is the emotion the pictures give across and because of these emotions we feel entitled to help change their lives. The position, on the page, of the pictures also makes us feel different about helping the campaign. The photographs are placed in the centre of the page and the text is surroundin g them. This means that you cannot read the text without looking at the pictures and the emotion in the text with the emotion in the pictures makes it appeal more to us and makes us feeling even more obliged to help the children. At the top of each page Barnardo’s have placed their logo and slogan. It is placed at the top left-hand corner of each page and I think this is effective because people would look there first. The logo is a picture of what looks like two adults with a child and they look quite cheery which makes you think that the lives of children who are victims of child poverty will end up like that if they get the help from Barnardo’s and the nation-wide public. The slogan underneath this backs it up, it says † Giving Children Back Their Future†, which is what Barnardo’s are trying to do with this campaign. The slogan and logo are effective, when presented in this way, because they make you feel like you can trust Barnardo’s to give them a better future. Throughout the website, Barnardo’s keep mentioning the other facilities they operate, which reinforces its stability and reliability. On the first page it leans on the fact that it is safe and offers a safe environment, â€Å"safe and stimulating place to play†. The charity does this to show their audience that they are reliable and determined about stopping and preventing child poverty and about getting all the help they can with the campaign. You see can that they always are looking towards the future of the children. The case study that is included supports this. The case study is a human appeal about someone who was a victim of child poverty and the conclusion of the study tells us how Barnardo’s helped and how the boy is going to change his own life and turn everything around. People can relate to a case study like this because they want a better world and their instincts make them feel sorry for the boy and make them want to help others like him. The other techniques they use are the emotive phrases in the case study. They use phrases such as â€Å"neither of the adults had much time for Michael† and they tell us the boy had â€Å"no sense of stability†. These phrases are quite harsh and can make you think twice about not wanting to help, especially to an older audience because they wouldn’t want their children growing up like that. The links on the web page are very clear and helpful, they use FAQ’s (frequently asked questions) such as † who we are† and â€Å"what we do†. These sorts of phrases are also used as headings at the top of each page. The links also include a â€Å"support us† heading which you could take as a plea or cry out for help. The â€Å"contact us† link means that if you have any additional questions or need help with anything you can contact them easily and even help them more if they need it. The sort of support and help they want is for young people to send an e-card which is also a link at the concluding page. Because it is set out in this format means you don’t need to give any money and it means you have no way out of it because it is eye-catching and you would feel obliged to help because it is any easy thing to do. When people start to read about the campaign they might think they will have to give money but it appeals to the reader becau se it doesn’t involve an awful lot to change someone’s life. The language in the campaign is very simple and plain in the text. They don’t use a large variety of vocabularies so that younger people can understand it better because it isn’t difficult or challenging. The text has a lot of emotive language such as, â€Å"inescapable aspect† and â€Å"lacks local amenities†. The word â€Å"you† is used, in the context † You can be a force for change†, which makes you think that they are talking directly to you and makes you feel that the children’s lives are dependant on you. In the section headed â€Å"the facts† bullet points are used which makes the text a lot easier to read and you think that you are reading very little but you actually take in a lot of information. I think that the idea of a web page is very effective because I know that I would prefer reading something of the Internet than reading a leaflet on a campaign. The most effective technique, I think, is the case study because I thought it was very moving and after I read it I could slightly relate to it because the person seemed to be about the same age as me and obviously wanted to change his life around. What Barnardo’s did to try and change that boy’s life was spectacular. After I finished I sent an e-card because I was persuaded into doing the right thing which was the whole point of the campaign.

How to Make Blogging Work as an Author

How to Make Blogging Work as an Author How To Make Blogging Work As An Author - An interview with Anne R. Allen Here’s another thing that we, startups, have in common with indie authors: we often blog. Whether it’s as a way to establish ourselves (in time) as thought leaders in our industry, to drive traffic to a main website, or to keep customers engaged with us, we are big fans of what we use to call â€Å"content marketing†.This strategy is all the more attractive to authors that they are used to producing content for a living. However, â€Å"blogging† is not â€Å"writing†. It’s writing, engaging, promoting, socialising, etc. It is time-consuming and not necessarily something all authors are good at. I believe there are actually two schools of thought out there, one urging authors to have a blog, the other one stating that time spent on writing for the blog is time you could have spent writing â€Å"sell-able† material: books.So today we interview one of the most successful author bloggers out there: Anne R. Allen. And she offers some good p oints on how useful blogging can be, if done right!Reedsy: Hi Anne, thanks for granting us this interview. It is fair to say that you have, together with Ruth Harris, one of the best-performing author blogs out there. And you’ve written several posts on blogging, but we’d love to dive deeper into that. The â€Å"B† word is sometimes scary to authors: do you think blogging is a requirement for indie authors today? Or just a very useful option?Anne: Thanks. I do post extensively on blogging. I’m a big fan of â€Å"slow blogging†Ã¢â‚¬â€œthat is blogging once a week or less. I feel a working fiction writer doesn’t need to blog as often as somebody who is blogging to monetize, and most of the rules for blogging don’t apply to novelists.But fiction writers can definitely benefit from maintaining a blog.I’ve also written a book that discusses blogging in depth, along with the other skills I think benefit a 21st Century writer. The boo k is HOW TO BE A WRITER IN THE E-AGE, co-written with NYT bestseller, Catherine Ryan Hyde.I’m working on a short handbook specifically for new authors who want to learn to blog. It will launch with Kotu Beach Press later this year.In answer to your question: no, not every author should (or can) blog. Some authors aren’t cut out for writing little nonfiction essays every week. If you hate it, that will show, so don’t do it if it’s not fun for you.On the other hand, blogging is probably the most useful form of social media for the new author. For one thing, it’s the only kind of social media where you have most of the control. It gets you into search engines, helps you relate one-to-one with potential readers, and connects you with other authors and publishing professionals.Virtually all the people I work with in this industry I met through my blog. That includes two of my publishers, my first agent, my blog partner, and the wonderful fellow authors I work with for boxed sets and joint promotions.  Reedsy: I feel there is as big a proliferation of content in blogging as there is in books†¦ And the â€Å"big blogs† are the ones most trusted by the readers, so is it still possible nowadays for a starting blogger to get â€Å"big†, and how might they achieve that?Anne: Wonderful new blogs are getting my attention all the time. They don’t need to be â€Å"big† like ours to be useful to an author for networking and interacting with fans. All a blog needs to do is provide an author with a kind of â€Å"home† online where people can stop by and get to know you.Reedsy: What is the most common mistake you see authors making in their blogging activities?Anne: Oh, you probably shouldn’t get me started†¦let’s give my top 6:Not visiting other blogs. Social media is social, people, get out and meet the neighbors!Dark background, light font. Tough on the eyes and looks like an old M ySpace page. If you’re a writer, your text is all-important. Make it readable!Posting erratically. Don’t try to post every day. Choose a day of the week or month to post, and then do it regularly.Starting a bunch of blogs. Unless you write in wildly different genres, say Christian YA and Erotica, you don’t need more than one blog. You won’t be able to keep them up and readers will be confused and won’t be able to find you.Treating it like a personal journal. A blog is more like a magazine column. Be professional. Nobody cares what you had for lunch.Not putting your name on your blog! I can’t believe how many writers give their blog a cutesy title and don’t let us have a clue who the heck they are and how to contact them. You’re trying to establish a brand here, not join an anonymous hackers club.Reedsy: Is it useful to mix content forms and media (text, image, audio, video) or better to stick to one?Anne: It depends on you and your audience. Ruth and I are strictly old school and our audience is mostly mature adults. They prefer their information gimmick-free. No videos and very few images. Those things take a lot longer to load and we want people to be able to read our blog quickly and interact in the comments. But every blog is different. Lots of great blogs use video, podcasts, and tons of images.Reedsy: You mention in one of your posts that you believe the 500 word limit many set for their posts is archaic now. What would your recommendation be? Is it useful to mix lengths or should the reader always be able to know what to expect?Anne: I’ve seen studies that say today’s ideal blogpost is about 1200-1500 words. Our readers would be very disappointed to see a 500 word post. They expect in-depth work from us. But if you blog more often than once a week, shorter is fine.Reedsy: What should the #1 motivation be for an author to start a blog: the desire to monetise it eventually (through ads or referral programs), the intention of generating traffic to increase book sales, or just for fun?Anne: First, if you’re a new author, I don’t think monetizing a blog is a good idea. The income from affiliates and other advertising sources is going to be pennies a month. Ads annoy your readers and make you look needy.Your blog should aim to raise your online profile and be the â€Å"hub† of your online presence. Blogs aren’t that great for direct sales. What they do is help establish your platform. They make you Googleable. Having fun is a bonus.Reedsy: The #1 topic out there on authors’ blogs is writing and publishing advice. Is this still a good thing to go for or should authors start thinking about blogging on other subjects (maybe topics that are more related to their readership)?Anne: There are a lot of â€Å"how to fight writer’s block† and â€Å"prop up your book’s sagging middle† blogposts out there, so a blog t hat concentrates on writing tips is going to have a lot of competition.What you blog about can change and grow with your career. When you’re starting out, you want to network with other authors, so writing-related stuff can be useful, but later, when you want to reach fans, you’ll want to change focus. Write more about your settings and subject matter and let people know about you as a person.Reedsy: What is the best way to promote a blog? Is it fair to say guest-posting is the most effective method?Anne: Guest posting is probably the best way to get your name out there, whether you have your own blog or not. Landing a spot on a high profile blog can jumpstart a career in a major way. My blog went from about 10 hits a week to 1000 when I won a guest spot on Nathan Bransford’s blog in 2010.But it doesn’t have to be a high profile blog (blogs like ours are booked a year in advance and we only take people who already have big followings†¦although we may run a contest for a guest spot sometime this summer.)But guesting on a smaller blog run by an author who writes in the same genre can actually sell more books than getting on a blog that gets 100K hits a month like ours. One of my best sales days in my early career came when I visited a chick lit blog with only a couple of dozen followers. Nearly every reader bought my book.And the #1 way to get invited to guest blog is also the best way to get traffic to your blog: comment on other blogs. Get to know the blogging community. One comment on a blog like Nathan’s or The Passive Voice (or ours) will put your name in front of thousands of readers.Also, don’t underestimate the power of other social media. My blog took off mostly from Tweets from readers.Google Plus is also essential for bloggers, IMO, because a post that’s reposted on Google Plus will immediately get a high SERP rank.   If somebody Googles â€Å"How to Blog† I might see one of my articles on the first page of the search results. But it won’t be a link to the actual blog. It will be a link to my Google Plus page where the blog has been automatically reposted. People who click through will see my entire Google Plus profile as well as the blogpost link. Very nice for getting your name out there.Facebook is becoming less and less useful for authors (or anybody else), but we still do get about 10% of our traffic from FB shares.Reedsy: Thanks for your time, Anne!  Anne R. Allen is an award-winning blogger and the author seven comic novels, including the bestselling Camilla Randall Mysteries. She has recently published a book of short stories and verses: WHY GRANDMA BOUGHT THAT CAR and she’s the co-author, with NYT bestseller Catherine Ryan Hyde, of HOW TO BE A WRITER IN THE E-AGE: A SELF-HELP GUIDEYou can find her and Reedsy on Twitter: @annerallen and @reedsyhq​Credit for the header photograph goes to  Christine Ahern  Do you have a blog too? How often do you post and what’s your experience it in terms of dos and don'ts? Make sure to leave us your opinion, or any question you’d like to ask Anne, in the comments below!

Colonel Daniel Morgan essays

Colonel Daniel Morgan essays Aruguably the most significant Colonel in the Battles of Saratoga. Flamboyant! Rowdy! Troublemaker! When you hear these words, does a colonial in the military come to mind? Well it should! Colonel Daniel Morgan is arguably one of the most significant and influential figures in American Military History. Morgan, an old Indian fighter, led a battalion of rowdy woodsmen dressed in long, Indian-style hunting shirts each carrying a tomahawk and scalping knife along with his long rifle. Morgan contributed greatly to the Saratoga Campaign because he and his men used partisan tactics to destroy the British morale as well as their offensive attacks. The American victory at Saratoga was so significant that it became known as the turning point in the Revolution because the French and Spanish entered the war in support of the Americans. Morgan was the man that made it happen. In the Battle of Freemans Farm on 19 September 1777, Colonel Daniel Morgan proved to be a significant figure because he slowed the British approach. On 31 August 1777 Morgans Corps of 578 riflemen was sent north to join up with General Granny Gates. This proved to be a vital edition to the Continental Army. On the morning of September 19 Morgans Corps moved out in two irregular lines to find and to harass Burgoynes men. While Burgoyne was ascending the heights toward Freemans Farm Morgan and his men were already hiding quietly in the woods. In no time a band of Canadian and Indian pickets, under Major General Forbes emerged from the underbrush. Morgan and his men immediately opened fire killing every British officer but one. Morgan and his Corps frantically abandoned their cover and rushed after the fleeing British unit. ...

South China Sea petro-politics Term Paper Example | Topics and Well Written Essays - 1750 words

South China Sea petro-politics - Term Paper Example South China Sea is a vast area in the Pacific Ocean that stretches from Singapore to Taiwan and borders mainland china to the North, Philippines to the west, Malaysia to the north east and Indonesia and Vietnam to the south east. South China Sea has remained a major maritime heart of the entire South East Asia region and its strategic location has particularly made it one of the busiest international sea lanes. The geopolitics of the region has been particularly characterized by disputes that dates back to the end of the World War 11 when the bordering states such as Vietnam, mainland China, Taiwan, Malaysia, Philippines and Indonesia began to scramble to occupy the various islands in the region (Burgess, 2003). Historically the South China Sea region has for a long time been considered to a major flashpoint for regional tensions in the Southeast Asia. Although the conflicts have primarily been territorial and political disputes, the main cause of these political challenges is the scramble for the energy resources in the region. This is particularly because the region is estimated to have as high s 213 billion barrels of oil and this is a huge prize. On the other hand, the region also has n abundant natural gas reserves estimated to be around 266 trillion cubic feet and this is nearly 70% of the regions total petroleum resources. Since the 1990s, the disputes in the volatile region have increasingly transformed from a purely territorial conflict to a chain of interconnected conflicts involving competitive claims of oil and gas energy reserves as well as the other ocean resources such as fishing. With an estimated oil and gas energy reserves of nearly 28billion barrels according to American experts, the sensitivity of the regions conflicts has significantly impeded any effort to harness these petro energy resources as well as the effective determination of their economic feasibility of the resources in the region. This paper critically discusses the current petro-politics in the South China Sea with particular focus on the background of events as well as the interplay of the factors that have contributed to the current conflicts in the regions. Geopolitical and territorial disputes in the South China Sea The South China petro-politics has largely been characterized by an interstate dispute over territory and s overeignty of the vast resources found in the area particularly in the two islands of Spratlys and Paracels that are claimed by a number of countries in the region. For instance, according to Shen(2002), China claims almost the entire region stretching hundreds of miles arguing that it has a historical right over the area since it has always been an integral part of China for more than 2000 years. On the other hand, Vietnam has been increasingly disputing China’s historical account and the Asia country maintains that China only began to claim sovereignty over the two islands and the surrounding regions in the 1940s. According to Vietnam, both the chains of Islands and their surrounding regions are entirely within its territory and the country has documents to prove that it has been actively ruling Spratys and Paracels islands since the 17th century. The other major claimant of the energy rich region is Philippines which justifies its claims by its close geographical proximity to the two island chains. Both China and Philippines also claim another island known as Huangyan Island which is 100miles away from the Philippines and 500 miles from china(Manning, 2000). Additionally Malaysia and Brunei are now claiming a significant chunk of the South China Sea territory arguing that the region falls within their economic exclusion zones as defined by the UN convention on the law of the sea which was ratified in 1982.Brunei however does not claim any of the Islands that are currently under dispute. History of the conflict In 1947, the then Chinese government

What is my position on drug testing welfare recipients to receive Research Paper

What is my position on drug testing welfare recipients to receive their benefits - Research Paper Example Also this topic affects those who are and are not on welfare. Smith, Phillip.  Welfare. Digital image.  Raising Awareness of the Consequences of Prohibition. N.p., 26 Feb. 2013. Web. 28 Feb. 2013. In my research I have found to be two sides to this argument â€Å"Proponents say testing would help the recipients and protect taxpayers. Opponents argue that the practice is unconstitutional and mean-spirited.† (Vitter 141) Both parties make really convincing arguments and surely drove me crazy trying to choose a side â€Å"The proponents of drug testing welfare argue that it is irresponsible for any government to fund people who they know are using drugs† (Chelsea 2). It is true that there are drug addicts everywhere but let us faces the facts; they buy their drugs with their own money and do not depend on any government to finance their addiction. It is therefore illogical for any person on welfare to be addicted to any sort of drugs since they cannot even fend for the mselves and instead depend on welfare funds. Governments provide unemployed people with some amount of money to enable them take care of themselves as well as their children. However, it is common that most people on welfare do not use this money well and instead use it on drugs and other activities that are not beneficial at all. Statistics from the Temporary Assistance for the Needy says that around 50% of all people on welfare programs are addicted to drugs. â€Å"The results suggested that, contrary to popular opinion, most welfare recipients were not alcohol- or other drugdependent.† (Chelsea 2) it is also shown that out of this population, 75% cannot fend for themselves because of their dependency on drugs. ... This means that it is because of drugs that almost 40% of all people in welfare programs are on this programs. â€Å"It is therefore illogical for governments and other nongovernmental organizations to give out money to these same people to continue with their lifestyle† (Debate club 11). This is the reason why most people propose that before anyone enters a welfare program, they need to be tested to ensure that we are not funding drug addicts to continue with their addiction problems. Most politicians and other stakeholders argue that if this system is put in place, not only will most of the drug addicts stop due to financial constraints, they will have to so that they can get a chance to get into the program. This is therefore a long-term strategy to reduce drug abuse in the US. Debate club, â€Å"a meeting of the sharpest minds on the days most important topics†, 6 Match . 2012. Web. 28 Feb. 2013 When this matter got to the senate, it was an arguable issue and most p roponents argued that aid has to be provided based on reciprocal obligation. Reaction to the result from tested prisoners which showed that â€Å"Welfare-receiving arrestees were more likely to test positive for benzodiazepines (16 percent vs. 7 percent,/? < 0.01) and opiates (13 percent vs. 6 percent, p < 0.05)† (Yacoubian, 143)This was aThis means that whenever aid is given, there has to be some obligation by the person receiving this kind of help. â€Å"In West Virginia, delegate CraigBlair wants all welfare recipients to undergo drug testing as a condition of receiving welfare, unemployment compensation,† (Alcoholism & Drug Abuse Weekly 1)This has to apply