Business Finance - SOURC ES OF FUNDS AND CAPITAL STRUCTURE Research Paper

Business Finance - SOURC ES OF FUNDS AND CAPITAL STRUCTURE - Research Paper Example In this type of funding, the hire purchaser or hirer receives the property or good instantaneously after signing the purchase agreement. However, the ownership gets transferred fully after finishing the last instalment payment. Leasing The procedure of lease financing includes procurement of various assets by means of taking lease. Lease means one contract in which the ownership, the funding linked with the asset or the equipment and the risk taking are totally separated and shared by two or greater than two parties. In case of lease financing the lessor finances and the lessee accepts the risk, involved by utilization of the asset or equipment taken on lease, whereas a third party actually owns it. Another alternative way is that the lessor would own as well as finance the asset or equipment, whereas the lessee would enjoy using it along with bearing certain amount of risk. This type of transaction includes commercial arrangement in which the equipment owner possesses the right to t he asset or equipment user for utilising it in return of fixed rental. Long term sources of funds Long term sources of raising funds mainly include those sources which are needed for longer span of time. These types of financing activities are mainly associated with fund expansion projects. These projects are complex in nature and need huge sources for the funding activities. It is because of this reason that the organizations use long term sources for raising the funds. In many cases, the organizations do not make use of one single source of financing. The main long term sources of raising funds are: Equity Shares The equity shares form an essential part while considering the ownership of any particular company (Walter 3). When any business decides to expand its operation, it issues high number of shares, in order to raise the fund needed for effective implementation of the desired plan. This type of investment is an important source of raising the funds and it provides the investo rs with a certain portion of company’s profit along with taking part in taking company’s decisions (Hafer and Hein 15). This strategy of rising the funding by an organization out-performs all other strategies (Fontanills and Gentile 1; Rosen 8). When the earnings of a company are high, the stock prices increase resulting in higher profitability for the company as well as the investors. If the company originates from growing market then raising of fund by issuing its equity shares turns out to be highly profitable. However, when there is economic downturn the shares of the companies remain at high risk in spite of their high brand value and strong management. Preference shares Issue of preference shares is another way of raising fund where the dividends are payable on the shares at the fixed rate and paid only in case of earning of profit by them. Thus, there remains no obligatory burden for the company (â€Å"Methods of Raising Capital†). But these shares do not possess voting rights. Debentures The companies have power of

Analysis The lady with the petdog Essay Example | Topics and Well Written Essays - 1250 words

Analysis The lady with the petdog - Essay Example Their love is under the test of rationality and the lens of morality. Chekhov’s â€Å"The Lady with the Pet Dog† uses ambiguity, setting, characterization, and realism to suggest that love has no logic, explanation, and morality, but people continue to fight for it because it is the only thing that makes them truly happy. Love has no logic. Chekhov uses ambiguity in language to show that love does not make any sense. Gurov does not find his affairs satisfying in the long run. He just knows that he attracts women enough for them to â€Å"favor† him, including sexually favoring him (Chekhov par.5). These sexual favors are short and sweet, until his heart chooses to favor someone forever. Favor is an ambiguous word, whose final interests are unclear. In the story, favor motivates two married people to prioritize their self-interests, to the risk of breaking the laws of God and man. One more example shows ambiguity. After making love, Anna feels sorry for the affair. Chekhov describes her as a â€Å"Magdalene†¦by an old master† (par.39), perhaps even worse because she is not a prostitute, but she has given her married body to another married person. Her monologue, however, bores Gurov: â€Å"†¦he was irritated by her naive tone, by her repentance, so unexpected and out of place†¦Ã¢â‚¬  (Chekhov par.36). ... Aside from language, characterization enables Chekhov to demonstrate that people may be opposite in many ways, but love can still bind them. Gurov is old and a self-confessed womanizer, while Anna is young and inexperienced with affairs. They seem an unlikely pair, especially when they have some sense of â€Å"fear† for their spouses (Chekhov par.4). They fear them because they are with them, despite the absence of love. Furthermore, Gurov thinks that there is nothing special about him, while Anna finds him as the best kind of man. For Gurov, he is only an old man â€Å"almost twice her age,† but Anna sees him as â€Å"kind, exceptional, high-minded† (Chekhov par.58). Evidently, love has skewed their assessment of true identities. Their love blinded them of the ability to see each other’s worst faults. One of the greatest sources of the irrationality of their love is its depravity. Their affair is wrong but they want to continue anyway, even when at first, they are unsure of what they have. Anna becomes restless and cannot sleep (Chekhov par.52). These are signs of guilt. They are both married, but they are in love with each other, not their spouses. In addition, they are hesitant of what they have, until Anna leaves Gurov. When Anna sees â€Å"dew on the grass† (Chekhov par.49), it represents something new, the dawn of love. The dew is fresh and refreshing. Their love awakens their old grass. But the dew will evaporate at the light of day. The sun is their morality. Their dew is against this morality, and it is illogical to continue it. They are struggling to hide their love, when they can always end it to conclude their miseries (Chekhov par.52). They feel â€Å"dread† (Chekhov par.52) of being caught, being judged. Why suffer these complications? They