Where I Will Be in 10 Years Essay Example for Free

Where I Will Be in 10 Years Essay Ten years from now, I see myself settled down in my career, married to the man of my dreams, and having four kids†¦.. not! These are things an average girl might say. As you get to know me, you will see that I am far from average. My name is Amyaa Brown, I am 24 years old. I am a full time mom, full time student, and I work part time. I currently attend Texas Southern University majoring in Aviation Science Management. I have set many goals for myself and plan to achieve them one by one. My goals don’t stop at becoming an aviator. In addition to flying B-2s for the Air National Guard, I also want to fly for the airlines, own an airline, start my own business building aircraft for the military, and most importantly be the best single parent mother I can be. When I think about ten years from now, I look back ten years ago. I have grown so much, learned even more, and accomplished many things. It is only logical that I will continue to grow, learn, and accomplish more things in the next ten years. My first big step is completing school as well as finishing my private pilot license, instrument license, and multi-engine license. Everyone wants to be an aviator but not everyone achieves that goal. The competition is tough and because I am a double minority, i. e. African American female, I am forced to work harder than the average person. Currently I am a member of the Civil Air Patrol, Bronze Eagle Flying club, and Women in Aviation. Each membership provides me with numerous opportunities to network and get myself known. The aviation industry is more about who you know rather than what you know. I am also working on my private pilot licenses; this will set me apart from most people pursuing a military career in aviation. My next step is graduating with a degree in Aviation Science Management. In order for someone to even consider giving me a pilot slot, I have to have a degree. After graduation, it will be time for me to join the Air National Guard. The primary purpose of the Air National Guard is to fly cargo airplanes and gain my ATP ratings necessary for me to enter into the airlines. Once I have completed my training in Cargo aircraft, I plan to also be flying for the airlines and going for my master’s in business. Because I will be flying cargo aircraft and working for the airlines, I will have reached the requirements to fly B-2s and plan to be there shortly after. When I am all â€Å"flied out†, I will begin to settle down, consider marriage and more kids and begin work on my business plans in terms of my airline and military aircraft construction. My number one goal above everything is to raise my daughter to be the best person that she could possibly be. I constantly read about parenting. Being a young single parent is unbearable sometimes, but it’s important that I give her the tools she needs to succeed. I do so by making sure she is on top of her class. Every night she is studying something whether she has homework or not and I make that learning experience fun. Her dream is to one day become an aviator, so I drag her out to all of the aviation events. Ten years from her dream will become reality. In ten years from now, I will be exactly where I strived to be with everything I strived to get. All because I had a plan for my future, I came, I saw, and I will conquer.

Tenancy Agreement Problem Question

Tenancy Agreement Problem Question Abstract The primary scope of this paper is to consider whether parties who enter into an agreement that purports to be a licence can be said to have entered into a lease agreement. If a party can enter into a so called licence agreement and it later appears to be a lease, the tenant will be protected as an assured tenant under the Housing Act and the landlord will find him/herself subject to the provision of the Act. The paper first discusses the difference between a licence and a tenancy. With reference to cases and literature the paper proposes that the actual agreement between the parties is that of landlord and tenant. The paper further discusses the protection afforded to tenants under the Housing Act 1988. Introduction Tenants enjoy statutory protection and to avoid it, landlords require prospective occupants to sign licence agreements. What is the nature of the agreement between David and the occupants of the flats? Licence to Occupy or Tenancy Agreement A license gives the occupant the permission to occupy his/her premises but does not confer an interest in land.[1] A lease on the other hand creates an interest in Land. In Street v Mountford [1985] 2 All ER 289 (299), Lord Templeman set out three hallmarks of a lease: Exclusive possession Rent and Term Although rent payments will normally be payable, it is submitted that the requirement to pay rent is not essential to a lease agreement.[2] A lease only has two requirements: Exclusive possession and a term. The licence also provides for a term but does not grant exclusive possession. To determine whether there is a lease or a licence it is necessary to look at the form and substance of the agreement and the genuine intention of the parties is important. There is no hard and fast rule and it is not always easy to determine whether exclusive possession exists. What rights has the owner retained pertaining to use of the premises? If the agreement requires from the occupier to share with another or the owner, the occupier will not have exclusive possession. Employee Occupancy The service agreement between employer and employee entitling the employee to live in the employer’s accommodation in order to perform his duties as employee is an example of exclusive occupancy that does not confer an interest in land. The employee is not occupying for himself but on behalf of the employer. In Street v Mountford, op. cit. the court said that the possession of the servant is treated as the possession and occupation of the master but it must be strictly ancillary to the performance of the duties which the employee has to perform within the employment relationship. Cases The leading case is Street v Mountford, op. cit. Mrs Mountford had the right to occupy a furnished room under a written agreement which stated that it was a licence and she had no protection under the Rent Act. The court held that the true distinction between a lease and permission personally to occupy lay in the exclusivity of possession which Mrs Mountford enjoyed. Despite the wording the true nature of their agreement was that of landlord and tenant. The court in Antoniades v Villiers Anor [1988] EWCA Civ 3 (17 March 1988) followed the judgement of Street v Mountford op. cit. where Lord Templeman criticised the finding in Somma v Hazelhurst [1978] 1 WLR 1014 (Each occupant signed a separate agreement). In this case the occupants were partners too. The owner presented an agreement that was drafted on the same terms of the agreement in Somma v Hazelhurst op. cit. Mr Villiers and his Partner signed two separate agreements stating that the nature of the agreement is a licence. The owner was entitled to put someone else in too and in fact a friend stayed with the respondents for a period of time. On appeal the court held that the respondents did have exclusive possession and called the agreements pretence. The agreements did not reflect the reality of the situation and the court held that a lease was created.[3] The pretence doctrine can be seen as a three stage process: The courts must establish that there is a consensus ad idem between the parties. If the parties agreed to a term to avoid statutory protection, it should be struck out. The remaining part of the agreement will determine if it is a lease or not. Multiple occupancy arrangements are more difficult to decide. In AG Securities v Vaughan, op. cit. the court referred to unity of possession, title, time and of interest and held that there was a licence only since unity of time, title and interest were missing. There are three ways of looking at the nature of the agreements: There are a series of licences and no protection under the Housing Act.[4] Each individual has exclusive possession of a bedroom whilst sharing the other facilities and each has a lease providing security[5] There exists a joint tenancy of the whole as found in Antoniades v Villiers op.cit. Advice Ben, Clara and Alan are all living in the same flat. Ben and Clara live together in one room and Alan in his own room. They are sharing the rest of the flat. The position with Ben and Clara is the same as that in Antoniades v Villiers, op.cit. save that Alan is in the second room. Ben and Clara have exclusive possession of their room and one cannot validly argue that someone else can be placed in their room with them. All three of them also fall under the second scenario since they have exclusive use of their bedrooms but they share other facilities. Section 3 of the Housing Act provides security to them. The real nature of the relationship is that of a lease. The students are entitled to protection under the Housing Act. The tenant has tenure and a sale to Fred does not affect their security. Edward is not in the flat as part of his job as clerk for David. There is no mention of the nature of the agreement but there is clearly a term and exclusive possession. The relationship between Edward and David is also a lease. In all circumstances none of the students or Edward can be evicted without following the correct procedures. The Housing Act 1988 In terms of Section 19A of the Act, the agreement between David and the Students and David and Edward are assured short hold tenancies. The landlord cannot validly terminate the tenancy without the obtaining an order of court, or in the case of a fixed term tenancy which contains power for the landlord to determine the tenancy in certain circumstances, by the exercise of that power. Edward is protected by Section 5 of the Act as an assured short hold tenant. The only way that Fred can end the assured short hold tenancy is by make the premises his principal residence and approaching the court for an order without any court appearance. Bibliography: Books Bright, S. and Gilbert, G., Landlord and Tenant Law: The Nature of Tenancies, (1995), Clarendon Press Legislation: Housing Act, 1988 Housing Act, 1996 Housing Act, 2004 Law of Property Act , 1925 Cases: Street v Mountford [1985] 2 ALL ER 289 Ashburn Anstalt v Arnold [ 1988] 2 All ER 147 Antoniades v Villiers Anor [1988] EWCA Civ 3 (17 March 1988) Somma v Hazelhurst [1978] 1 WLR 1014 AG Securities v Vaughan; Antoniades v Villiers [1988] 3 All ER 1058 Other sources: Law Commission, Landlord and Tenant. Reform of the Law:, Law Com No 162, 1987 Internet sources Tenants Know Your Rights http://www.fool.co.uk/news/property-home/2008/09/25/tenants-know-your-rights.aspx> as at 14 November 2008 Housing- In England, Tenancy Agreements http://www.adviceguide.org.uk/index/family_parent/housing/tenancy_agreements.htm> as at 14 November 2008 Residential Tenancies What is a Tenancy http://www.landlordzone.co.uk/residential_tenancies.htm> as at 14 November 2008 The Letting Centre Factsheet 18 Residential Tenancy Agreements http://www.letlink.co.uk/letting-factsheets/factsheets/factsheet-18residential-tenanc> as at 14 November 2008 Assured and Assured Shorthold Tenancies, A guide for tenants http://www.info.gov.uk> as at 14 November 2008 [1] Licences, Key points, http://www.landlordzone.co.uk/license_agreement.htm> at 14 November 2008 [2] Ashburn Anstalt v Arnold [ 1988] 2 All ER 147; Law of Property Act 1925, Section 205(1)(xxvii) [3] AG Securities v Vaughan; Antoniades v Villiers [1988] 3 All ER 1058 [4] AG securities v Vaughan, op. cit. 7 Housing Act 1988, Section 3

Glare of Fashion in Vanity Fair Essay -- Vanity Fair Essays

Glare of Fashion in Vanity Fair I fancy the doors to society guarded by grooms of the chamber with flaming silver forks with which they prong all those who have not the right of the entrà ©e...the honest newspaper fellow....dies after a little time. He can't survive the glare of fashion long. It scorches him up, as the presence of Jupiter in full dress wasted that poor imprudent Semele&emdash;a giddy moth of a creature who ruined herself by venturing out of her natural atmosphere. (657) With this sentiment in mind, Thackeray expresses his conception of the danger present when one attempts to step outside of their inherent social strata. Through depicting a world devoted to upholding the inflexible codes of society, Thackeray creates an appropriate backdrop for his humorously satirical novel Vanity Fair. At the heart of this work, the avaricious Becky Sharp, born of common blood, fights against traditional precincts by "venturing" (657) outside of her proper environs and entering into an elevated climate where the credulous yield unquestioningly to her will and the skeptics scorn her with cold indifference. Determined to secure a place in genteel society, Rebecca, disregarding the standards of society, manipulates the naive by engaging in hypocrisy and subterfuge while blinding those who doubt her with an unconquerable charm. Clearly a perfectionist in the art of deception, Becky Sharp, a young woman with serpentine sentiments, slithers her way into the aristocratic society that composes the hollow cortex of Vanity Fair. With unremitting cupidity, Becky exploits all those she encounters for the sole purpose of ameliorating her own situation, both financially and socially. Commencing her mission... ...little earthenware pipkin, you want to swim down the stream along with the great copper kettles...lookout and hold your own! How the women will bully you!" (613) Substantiating Lord Steyne's foreboding, with frigid indifference the ladies at his soirà ©e slight Becky, thus proving that she can never fully advance into their milieu. In view of this, Becky, one step away from pushing open the doors to social dominance, fails. Charms and beauty only carry the unwealthy so far in the world of Vanity Fair, thus Becky remains locked out of the room to which she dedicated her life to gaining entrance. Outstripped by the pretentious peerage, Becky's quest for status reiterates the insuperable fact that one without fortune or noble ancestry "can't survive the glare of fashion long" (637). Thakeray, William Makepeace. Vanity Fair. New York: Bantam Books, 1997.

Arthur Millers Comparing of Similarities in The McCarthy Era and The S

â€Å"She thinks to dance with me on my wife’s grave! And well she might, for I thought of her softly. God help me, I lusted, and there is a promise in such sweat. But it is a whore’s vengeance, and you must see it, I set myself entirely in your hands.† John Proctor says this to Danforth in the movie â€Å"The Crucible,† which is a fascinating, and disturbing story based on an important event in history. This event was the Salem Witch Trials. The author Arthur Miller wrote this story in response to the major event the McCarthy Era. The Crucible showed the similarities between the McCarthy Era and the Salem Witch Trials. In 1956 Arthur Miller was subpoenaed by HUAC (the House Un-American Activities Committee) and refused to identify writers that were believed to hold communist sympathies. Due to his refusal he was convicted of contempt of congress. The next year, however, the United States Supreme Court overturned this conviction. Under the leadership of McCarthy the committee had so much power that just knowing someone who was suspected of having ties to the communist party was a danger. The lives and careers of hundreds of Americans were ruined because of being blacklisted. Prison, bankruptcy, passport revocation, unemployment were threats made against people for them to testify and â€Å"name names.† The McCarthy Era was a period of history that began in the late 1949s and ended in the mid late 1950s. This was also called the Second Red Scare in the United States. The McCarthy Era had many innocent victims and many of them were imprisoned. Several authors, actors, civil rights activists, and physicists were among the many victims that were blacklisted. Due to McCarthy’s witch-hunt many victims’ reputations were destroyed and their families ... ...I lie and sign myself to lies! Because I am not worth the dust on the feet of them that hang! How may I live without my name? I have given you my soul; leave me my name!† Besides similarities between â€Å"The Crucible†, Salem witch Trials, and the McCarthy Era there are differences. The Crucible/ Salem witch trials had people being hung that were believed to be witches compared to people just being put in prison when they were accused of being a communist in the McCarthy era. Also, anyone was able to charge someone else in â€Å"The Crucible† where during the McCarthy Era Joseph McCarthy was the one charging people, and no one else had any say about who was charged. In conclusion Arthur Miller saw the similarities in The McCarthy Era and The Salem Witch Trials, and portrayed them in â€Å"The Crucible.† The lives of many people were destroyed during these times in history.

Capstone Essay

When we talk about different types of sentencing the most coming types are indeterminate and determinate. They both serve the same function but have different out comes. They are both build to serve as punishments but to also rehabilitate at the same time. The main difference between these two sentences is the fact that indeterminate sentences offer early release in the form of parole and determinate sentences do not. Indeterminate sentences are defined as a sentence that permits early release from a correctional institution after the offender has served a required minimum portion of his or her sentence (Siegel, 01/2013, p. 40). And determinate sentences are defined as sentences that give the defendant a fixed term of years, the maximum set in law by the legislature, which is to be served by the offender sentenced to prison for a particular crime (Siegel, 01/2013, p. 41). Each type of sentencing has its own strengths and weakness’. Each of which helps the judge determine which type of sentencing would be best for each situation, for not all situations should be punished equally. The biggest advantage to indeterminate sentencing is that indeterminate sentencing permits flexibility both in the type of sentences that are imposed and the length of time to be served (Siegel, 01/2003, p. 40). Some more advantages include early release from jail/prison on ground of good behavior, causing there to be less people in the facilities thus helping with the overcrowding issue, rehabilitating, and different people respond very differently to punishments (Portman). A disadvantage to indeterminate sentencing is that it may not deter individuals from committing crimes. If a criminal is only charged 1-5 years for a drug related crime, and get outs after only one year due to good behavior, they may feel that what they did was worth the time given and do it again because a year isn’t that long. If this were the case, indeterminate sentences could make the crime rates go back up because the criminals would not see a short sentences as a deterrent. Determinate sentences also have their advantages and disadvantages. Determinate sentencing can scare criminals into no longer committing crimes due to the length of the sentences and not being able to be released on good behavior. When serving a determinate sentence it is a general rule to serve at least 85% of the original sentence and if someone received good credits they may be released early (â€Å"Sentencing statutes and,† 2013), but not a substantial amount of time early. Because of this factor, determinate sentencing can reduce crime rates. If a criminal is sentenced to 25 years under determinate sentencing they must serve 25 years, unless they receive good credits, but still must serve at least 85% of the original sentence. It has already been stated that different people respond to different sentences differently. With this in mind, it is important to determine which type of sentencing, indeterminate or determinant, would be best for each type of individual. Since everyone if different there must me a reason why they are different and why different influences require different sentences. For this essay we were asked to discuss which type of sentencing we feel would be most effective at address crime from three separate criminological perspectives: trait (psychological/biological); social (structure/process); and deterrence (classical/choice). When you are dealing with psychological/biological reasons as to why and individual is a criminal you need to look into their family tree and they way they were raised. Some psychologists believe that some criminals commit crimes because that is just simply their personality. Anyone can become a criminal and commit a crime, but you see it more often in individuals that grew up around it. Their parents were and or are criminals. Their friends are criminals. Their peers are criminals. It is hard to live up to a life better then that when it is all that you know. Sigmund Freud had a theory about personalities. He said that there are three elements of the personality, the id, ego, and superego. The id is the part of the personality that you have at birth. It is the part that makes you desire for the most basic of things. The id is driven by the pleasure principle, which strives for immediate gratification of all desires, wants, and needs. If these needs are not satisfied immediately, the result is a state anxiety or tension (Cherry, 2014). The next part of the ego that Mr. Freud discusses is the ego. The ego is the part of the moral part of the personality. The part that deems what is right and wrong within the eyes of society and yourself. If your ego is not fully developed then you will not be able to stop yourself from the impulses that come from your id. Meaning that if crime is ingrained into their minds then they will have impulses to commit crimes. If they do not fulfill these urges then the urge will build to the point where they end up committing a more serious crime then they would have in the first place. The underlying issue could be part of the reason our systems repeat offenders are repeat offenders. The sentence model that I feel would work best in addressing the psychological and biological criminological perspectives would be determinate sentencing. If an individual has the natural impulse to commit a crime and an underdeveloped ego to prevent them from committing the crime then there is no amount of time that will help them get better. There is a saying that you cannot teach old dogs new tricks. That saying goes with some criminals; there are some that you just cannot rehabilitate. So determinate sentencing would keep they away from them public and stop them from committing a crime for a longer period of time. Everyone has a stigma against people that come from the ‘ghetto’. They think that they are good for nothing poor people that cant get by so they resort to crime. And sometimes this is the case, sometimes its not. There is a reason that a stereotype is a stereotype. It has some underlying truth. It is true that some people are criminals because they really do feel that they cannot get by on a day-to-day basis with an honest job, and if they could they don’t think that they would qualify for one. So what do they do? They start to steal, sell drugs, and even sell their bodies or join a gang. But not everyone in the ‘ghetto’ is like that. Some work very hard to make a living, but it just isn’t enough to get them out of that environment. According to Shanali Inchaustegui: â€Å"When you look at the theory, the strains might not necessarily come from people’s frustrations with acquiring The American Dream, but rather a mixture in strains such as homelessness, abuse and neglect, subcultures, deviant values and frustrations about poverty. Meaning, there might be more than one factor in play when a person is â€Å"influenced† to commit a crime by interacting within an imposed economic class†. Many things within society, your social surroundings, can make someone commit a crime. People from this criminological perspective someone can recover and learn from their actions if given the opportunity. Because of this I feel that indeterminate sentencing would be best. With indeterminate sentencing someone can be released early due to good behavior. During that time the said individual would have had the opportunity to learn from their mistakes, acquire an education, and be given opportunities that will give them a new a better life. The last criminological perspective is classical/choice (deterrent). From this perspective criminals are individuals that commit a crime for no other reason then they choose to do it. They under stand the risks associated with the crime but choose to go through with it anyways. Classical and choice perspectives are very similar to one another. Choice is when individuals choose to commit a crime after looking at all the opportunities and decided if the crime is worth the punishment or not. Classic is almost identical to choice except after weighing the options they decided to commit the crime because it was advantageous to do so (Criminology, 2014). You need to be assertive when dealing with criminals that have decided to commit a crime knowing full well that it is wrong and that they have options or avenues other then committing a crime to get what they need and or want. If you are not assertive with them then they will think that its really not that big of a deal and that they will be able to get away with it time and time again. With choice and classical perspectives I feel that that determinant sentences would be the best option. It shows the criminals that the law is taking a zero tolerance stand against crime. Determinate sentences will make them think twice before they commit the crime because they will know that if they are convicted they are guaranteed a set amount of time behind bars. Both indeterminate and determinate sentences have their place in the legal system. Whether one is better then the other is hard to say. Indeterminate sentences allow for early release for good behavior where as determinate does not. Determinate sentencing, however, does allow for good credits to be applied to their sentence so they can be released early, but they must complete at least 85% of their sentence. So they both have that upside. A down side to indeterminate sentencing that two different people that commit the same crime can get two different sentences. For example one may just get a fine and community service while the other could get 5 years jail time. To me that isn’t fair, unless there is an underlining reason as to why someone getting a harsher sentence like being in trouble with the law before. Determinate sentences give the same amount of time regardless. This could also been seen as unfair because regardless of your past you are going  to get the same amount of time. I personally feel that determinate sentencing is the option that is most likely going to deter more crime. It makes the criminals know what their sentence is going to be if convicted. They ‘know’ that if they get caught, charged, and convicted they are going to have to serve that amount of time and or pay a certain amount of a fine. And with indeterminate sentences they have a chance at lesser punishment. I really think that determinate sentences would deter more crime then indeterminate sentences. References

Fart

During the Harlem Renaissance white art enthusiast aided the development of black artist, by funding these artists. The Blues I’m Playing by Langston Hughes is a short story where a young African American pianist, Oceola Jones, who studies music under the patronage of Dora Ellsworth. Dora is a wealthy, white middle aged, widow with no children. Langston Hughes uses this connection between these characters to express the meaning of the blues. The meaning blues isn’t very clear until the very end of the story, when Oceola and Ms.Ellsworth had their fallout. Ms. Ellsworth is very upset when she learns that Oceola wants to marry Pete Williams. Dora believes that marriage will burden her protegee talents. â€Å"He’ll take all the music out of you† (pg 475). Oceola is playing the piano one last time for Ms. Ellsworth before she leaves to Europe. They begin to argue while Oceola is playing one of Beethoven sonatas. As they continue to argue Osceola’s chang e the style of playing to the Negro Blues. As Osceola plays on Dora ask â€Å"Is this what I spent thousands of dollars to teach you? (pg 475) Oceola replies â€Å"No, this is mine†¦ Listen. †(pg 475) Oceola’s blues began to flourish. Blues that Oceola plays only comes in a time of distress. The fight between Oceola and Ms. Ellsworth force the blues out of Oceola. The Blues in this story represents Oceola real feeling about love, music and art. According to Ralph Ellison â€Å"the blues is an impulse to keep painful details and episodes of a brutal existence alive in one’s aching consciousness†¦Ã¢â‚¬  This definition and Langston Hughes’s interpretation of Blues seem to not conform to each other.Ellison is saying that the artist of the blues has to have a hardship in their past to express it in the blues. In Hughes’s story Oceola really never had anything in her past that made express the blues like she did. It was more that she couldn ’t outlet her frustration of Ms. Ellsworth and her feeling of art to anyone. Oceola bottle up the feeling and lashed out at the end to Ms. Ellsworth in a blues song. Ellison’s and Hughes’s definitions are both good interpretation of what the blues are. By combining Ellison’s and Hughes’s interpretation we have a clear definition of what the blues really are.The Blues is a kind of jazz  that evolved from the music of African-Americans, especially work songs and spirituals. Blues pieces often express worry or depression. The songs help keep remembrance of past hardship experienced and help cope with future problem that may come. The patronage of whites helped the African American art and music explode during the Harlem Renaissance. Langston Hughes uses the connection between Oceola and Ms. Ellsworth to express his interpretation of the Blues. Hughes’s and Ellison’s definitions help explain what the blues actually are.

Behavioural Finance Essay Example | Topics and Well Written Essays - 2000 words - 3

Behavioural Finance - Essay Example Louis Bachelier established this model in 1900 with an aim of understanding modeling fluctuations of prices in the financial markets. Still, Albert Einstein gave his contribution towards this arithmetical model, which was first established by Robert Brown in 1827. Through this model, econometricians can access past relationships and various variable such as consumer spending, tax rates, employment, household income, and interest rates. At this point, economists predict how such variable affect the future course of an economy development. This assists to explain proportional growth which is attributed by the economy development. It is worth noting that, economic development enhance better living, creates job opportunities, and better chances for investment. This book is useful as it lays a strong foundation for learners to comprehend economic facts that affect the market. Therefore, students can use this book to understand in depth about what attributes to economy development. The significance of reading this book is that it has great insights on the following. The concluding remarks are based on graphs analogous, which are explained in the fractal context. In explaining, the author presents graphs as that indicated in figure E1-5 that illustrate the multifractal aspect of fractal context. As intended, the author reveals the deep link between the fractal approach and finance. Therefore, from this article, readers can comprehend the following. The author describes ways of applying Ratio analysis in various markets. In his research, he found out that non-periodic cycles and fractal structure outlay evidence of the fact that the capital markets being nonlinear systems. Basically, they are two fundamental aspect of financial ratio analysis. It can be used to judge how the firm progress such as liquidity status or increasing revenues: For instance, it can be effective in making the relative performance comparisons such as the firm’s productivity