Corinthian College Annual Report for 2005 Essay Example | Topics and Well Written Essays - 750 words

Corinthian College Annual Report for 2005 - Essay Example The annual report is formatted to include an informational portion that need not follow any set format. The actual information required in the report to the SEC is found in the 'consolidated statements' portion of the annual report and contains information to satisfy 10K reporting requirements. The actual report is done by an independent accounting firm hired by the corporation. This firm performs the analysis and reporting functions required by the SEC. Often, the corporation submits an agreement, or disagreements, addendum to the report to explain anything out of the ordinary to the SEC. As stated earlier, the 'notes' section explains the 'consolidated' reports section of the annual report. It is the longest portion of the report and, in some ways, is the most important part of the report. Investors examine the annual report to determine whether or not the corporation is worth investing in. If this is a publicly listed corporation then investors interested in the corporation can purchase stocks and receive dividends from the corporation. The most important factor the investor would be interested in would be the profit/loss section of the report and the 'notes' section that explains that portion. In the annual report for Corinthian College, Inc. the profit/loss section of the report (the balance sheets) is located on page 57 of the 10K report. Its corresponding notes section is located on page 61. Investors would be looking intently at the notes section that explains the assets and liabilities of the corporation. These are explained in the notes section and are labeled 'taxes', 'comprehensive income', 'stock based compensation' and, 'income per share' section of the report. To determine whether or not the corporation is a good investment investors would be looking for how the stocks are valuated, whether the corporation is profitable, and the growth rate of the corporation. The 'balance sheet' of the corporation (the numbers) follows with a more detailed report than is found in the 10K report. The balance sheet for the previous year is provided for comparison. Investors will read this section of the report to help them decide whether or not to invest. Also, investment analys ts and financial advisors examine this section to decide whether or not to track and recommend the corporation for investment. A vital portion to the 'notes' section is the acquisitions page. This report lists Wyo-Tech Acquisition Corp. ("Wyo-Tech"), Learning Tree University, Inc. ("LTU", Career Choices, Inc. ("Career Choices"), East Coast Aero Tech, LLC ("ECAT")., and CDI Education Corporation ("CDI"), A.M.I., Inc. as acquisitions. All these acquisitions may be a liability for the corporation initially but may increase profits in the future. The investor would be interested to know what the future plans are for these acquisitions. Fair market value for the above acquisitions is listed on page 75 and provides a snapshot of how much the acquisitions added to the corporation. The corporation also assumed leases that the acquisitions had in place. One of the most important sections that corporation outsiders would be interested in is Note 7-Preferred Stock and Common Stockholders' Equity section. It explains such details as how much preferred

Reacher paper about A rose for Emily Essay Example | Topics and Well Written Essays - 1250 words

Reacher paper about A rose for Emily - Essay Example This world of the present with its absence of social propriety is strange and unrecognizable to Miss Emily, who has always been kept strictly within the bounds of Old South expectations. Miss Emily’s relationship with the town is therefore one of superior distance because of her social position and isolation as a result of her strangeness. To more fully understand this unique position she was placed in, it is helpful to understand the various cultures involved and how they each served to influence the other. To demonstrate how Miss Emily was a woman trapped by her society, it is necessary to examine the Southern culture as well as the Northern culture before it is possible to compare the two and understand the differences in approaches taken by the characters in the story. Faulkner introduces Miss Emily Grierson as a woman who has been strictly contained within the boundaries of her father’s old Southern ideals. â€Å"None of the young men were quite good enough to Mis s Emily and such. We had long thought of them as a tableau; Miss Emily a slender figure in white in the background, her father a spraddled silhouette in the foreground, his back to her and clutching a horsewhip, the two of them framed by the back-flung front door† (437). This created a situation in which Miss Emily â€Å"got to be thirty and was still single† (437). ... â€Å"Attitudes about class shaped in southern England and in the border regions of Britain coupled with the appearance early on of race-based slavery would produce a class system that consigned blacks to the bottom and that paradoxically appeared to foster both the idea of equality for whites and large differences between upper and lower class whites in terms of power, privilege and wealth† (Beck, Frandsen & Randall, 2007: xxvii). The Griersons become the town’s image of the Old South and, as a result, the town cannot think of Miss Emily in any way other than in her association with the values and traditions of these old ways, meaning she is not able to mingle with the common white people of the town and must always be seen to be upholding the ideals of the past for the rest of the community. After her father’s death, Miss Emily is seen to attempt to break out of the mold he has placed her in through her willingness to date Homer Barron and begin adopting more N orthern ideals. The North was founded and characterized by its mostly Puritan founders who had fled England with a vision of a more equal and less socially rigid and materially oriented society (Woodworth, 2000). Once the Civil War was over, the North had little to rebuild and plenty of factories ready to go to work, with increasing numbers of Southerners fleeing the poverty of the war-ravaged South to find work in the Northern cities. Thus, the North was characterized by growth, progress, energy and new ideas such as women’s suffrage. When Miss Emily is seen in public following her father’s funeral, â€Å"her hair was cut short, making her look like a girl, with a vague resemblance to those angels in colored church