Hey Nutrition Essay Example

Hello Nutrition Essay Example Hello Nutrition Paper Hello Nutrition Paper 1. PROTEIN is made out of amino acids. It is required to orchestrate and fix muscle and different tissues and keep up liquid and corrosive base equalization in the body. Proteins additionally work as chemicals, hormones, and transporters. On the off chance that fundamental, the body utilizes protein to address vitality issues (4 kcals per gram). Abundance kcals from protein are put away as muscle to fat ratio. In the event that you devoured 60 grams of protein in a day, what number of kcals would this believer to? (Pick your answer and erase the rest). (1 point) b) 240 kcals 2. The AMDR (Acceptable Macronutrient Distribution Range) for every day admission of protein is 10% 35% of an adult’s calorie needs (see Chapter 2, page 50: 57. 31 grams. (1 point) Answer:83. 89 4. Allude to your All Nutrients Spreadsheet and figure out which DAY (1, 2, or 3) had the LOWEST admission of protein. Rundown the DAY and the aggregate sum of protein in GRAMS (See â€Å"Day Total† in striking toward the finish of every day in the Prot (g) section). Model: Day 2 = 39. 4 grams. (1 point) Answer: Day 1= 76 grams 5. The RDA for protein depends on an individual’s body weight. Most sound grown-ups need 0. 8 grams of protein for each kilogram (kg) of body weight (see Chapter 6, pages 242 243). As a rule, Americans are either meeting or surpassing their protein needs. Decide YOUR protein prerequisites by changing over your body weight from pounds to kilograms and increasing by 0. 8. There are 2. 2 kilograms in a pound (so your weight in kg ought to be a LOWER number than your weight in lbs). SHOW YOUR WORK for full credit. Model: 120 lbs/2. 2 = 54. 54 kg x 0. 8 grams = 43. 63 grams of protein. (2 focuses) Answer:154lbs/2. 2=70kg x 0. 8 grams = 56 grams of protein 6. Take a gander at your answers on the two past inquiries. How did your protein consumption on your â€Å"lowest day† contrast with the protein RDA you determined? (Pick your answer and erase the rest). (1 point) MET or EXCEEDED Calculated Protein RDA 7. Figure out what PERCENTAGE of your day by day kcals originated from protein by EITHER posting the number recorded on your Calorie and Fat Sources Report (Sources of CaloriesBox)OR by isolating your ACTUAL admission of protein (in kcals) by your TOTAL day by day kcals. Model: ? 57. 3 g Protein x 4 kcals/g = 229 kcals from Protein/1333 all out kcals = 17%. (1 point) Answer: 26% 8. How did your admission contrast with the Acceptable Macronutrient Distribution Range (AMDR) for Protein? (Pick your answer and erase the rest). (1 point) MET the Recommendation (10% 35% of kcals) 9. Which supper (Breakfast, Lunch, Dinner, or Snack) spoke to your HIGHEST admission of protein (see Meal Assessment Report )? Rundown the MEAL and the PERCENTAGE of all out protein it represented. Model: Breakfast, 43%. (1 point) Answer: Dinner 36% 10. An) Explain why plant proteins (other than soy) are considered â€Å"incomplete† and why creature proteins (from meat, dairy, and eggs) are thought of and â€Å"complete†. Allude to your course reading if essential (Chapter 6, pages 239 242). B) List your 2 BEST wellsprings of protein (see All Nutrients Spreadsheet (Prot (g) Column). Show whether they are finished or deficient. (2 focuses) Part An: A total protein (creature protein) is a wellspring of protein that contains a satisfactory extent of each of the nine of the essential for the dietary needs of people or different creatures. Some inadequate protein (plant protein) sources may contain all basic amino acids, however a total protein contains them in right extents for supporting organic capacities in the human body. Part B: Fish Chicken 11. Veggie lover CASE STUDY. Erin is a 26-year-old undergrad. She weighs 145 pounds and is respectably dynamic. She is additionally a lacto-ovo vegan. On a regular day, Erin eats in any event 3 suppers, meets her vitality needs, and remembers an assortment of nourishments for her eating routine. Two of the accompanying explanations underneath are CORRECT. Pick your answers and erase the rest. (1 point) b) She remembers milk and eggs for her eating routine however confines meatd) The quality and measure of protein in her eating regimen is likely sufficient 12. Veggie lover CASE STUDY. Randi is 18-years of age and has as of late chose to turn into a veggie lover. She weighs 124 pounds, will in general be an inflexible eater, and doesn’t excel at remembering integral proteins for her eating routine. In spite of the fact that there are positively advantages to a plant-based eating routine, she’s been informed that vegetarians are at a higher hazard for certain supplement lacks and other medical issues. Allude to Chapter 6 in your course reading (pages 248 255). A) List in any event 4 supplements that are bound to be absent or inadequate in a veggie lover diet AND B) List at any rate 4 medical issues or conditions that can result from a lacking admission of protein. (2 focuses) Part A: Vit-D, Vit-B12, protein, calcium Part B: marasmus, kwashiorkor, low vitality, poor invulnerable framework, bone medical problems 13. Competitor CASE STUDY. Landon is a 34-year-old competitor. He weighs 165 pounds and contends in long distance races and other high-continuance sports. The protein prerequisite for competitors is normally 1. 0 1. 5 grams for every kilogram of body weight. For high-continuance as well as serious competitors, up to 2. 0 grams for each kilogram of body weight is suggested. Accept that Landon needs 1. 5 grams of protein for each kilogram of body weight. A) Determine Landon’s protein needs (in grams). Expect that he needs 1. 5 grams of protein for each kilogram of body weight. SHOW YOUR WORK for full credit. B) List in any event 4 medical issues or conditions that can result from inordinate admission of protein (Chapter 6, pages 248 255). (2 focuses) Part A: 165lbs/2. 2=75kgx1. 5grams=112. 5 grams Part B: cardiovascular ailment, kidney stones, osteoporosis, a few kinds of disease 14. An) Evaluate your admission of protein. Is it true that you are devouring pretty much than you understood? What food wellsprings of protein are generally regular in your eating routine (plant or creature sources)? Is it true that you are getting enough or to an extreme? Is this something you’re worried about? Why or why not? B) Identify at any rate one SPECIFIC and quantifiable improvement with respect to your protein consumption that you’re ready to make beginning this week. A quantifiable objective for the most part has numbers as well as a time period in it (I. e. â€Å"Right now, a large portion of my protein is originating from creature sources that are likewise high in fat. This week, I’m going to supplant in any event ONE high-fat creature item PER DAY with a more advantageous decision (like fish, yogurt, low-fat milk, nuts, beans, seeds, an egg sandwich, etc†). (2 focuses) Personal Evaluation: I am satisfied with the measure of protein in my eating regimen. I think most about my wellsprings of protein are solid sources like fish and yogurt. I have an inclination that I am really mindful of the protein in my eating routine and am happy with the proportion. Explicit Goal: Right now, the greater part of my protein is originating from creature sources that are likewise low in fat. This week, I’m going to trial and attempt to eat a Lacto-Ovo-Vegetarian diet a perceive how I feel just as measure my protein admission versus fat admission. 15. APPLICATION QUESTION Select and complete an Application Activity from the rundown of choices (likewise connected on the landing page). Rundown the NUMBER and DESCRIPTION (in striking lettering on the rundown). Report on what you did and what you realized. Your answer ought to be at any rate 4 lines in length and show that you paid attention to this task. On the other hand, you can peruse Fighting Inflammation (Published in the Nutrition Action Health Letter, Nov 2011) and compose an abstract of the article. Your rundown should be at any rate 6 lines in length and incorporate explicit substance from the article. It would be ideal if you additionally incorporate what you realized and how you intend to apply this data. (5 focuses) Application Activity ___Fighting Inflammation_ (or Read â€Å"Fighting Inflammation† Article) Answer: â€Å"Heart sickness, malignancy, Alzheimer’s ailment, the metabolic condition, physical incapacity. That’s only a fractional rundown of the sicknesses that have been connected to constant irritation. It’s not quite the same as the work of art, red, expanding, white-cell sort of aggravation that we’re used to considering, clarifies Walter Willett, seat of the Nutrition Department at the Harvard School of Public Health. Rather, it’s all the more a moderate consume that’s distinguished uniquely by an ascent in provocative signs, or markers-proteins delivered by the insusceptible framework to battle disease or recuperate a physical issue (however not the sort of injury you can fundamentally observe or feel). The inquiry is: how might you splash the blazes? Up until this point, just a single thing is clear, says Willett. The most impressive approach to decrease your incendiary variables is to lose overabundance weight. †(Nutrition Action Health Letter, November 2011) This absolute first part of the article had me snared. However, my brain immediately thought aggravation, similar to cut your finger incidentally and the zone will expand, blush, and warmth up. I at that point took in this sort of intense provocative reaction is the bodys response to injury, and its a fundamental piece of the recuperating procedure. Be that as it may, irritation can be unsafe when it stays nearby excessively long and will not leave. At the point when the irritation change will not kill, the body works as though it is consistently enduring an onslaught and the more seasoned we get, the more probable this is to occur. White platelets flood the framework for quite a long time, months, and even years. While mitigating drugs do exist, they can harm the stomach or stifle the resistant framework. Luckily, the circumstance can be cured by an adjustment in diet, explicitly by changing the sorts of fats you eat. Omega-3 unsaturated fats will in general decline aggravation while omega-6 fats and trans-fats increment irritation. Above all the little proclamation ? ose overabundance weight? Left the chimes in my mind ringing. I need to screen my eating regimen all the more intently and execute a portion of these dietary patterns and increment solid nourishments like, fish, nuts, seeds, oils, lean grass-took care of meats, organic products, vegetables and flavors, for example,

Politics in Media essays

Legislative issues in Media expositions Legislative issues in Media: A Readers Perception Wherever you look today, climate it is on the TV or in the paper, clearly political decision time is moving close. From CNN to the New York Times, the nation is buzzing over this years applicants. I should concede that I am very baffled on how the media is taking care of this political decision year. I have not seen particularly inclusion on the issues that every applicant is purposing to the American individuals. Rather, I have seen the utilization of he stated, she said publicity as a method of conveying each partys message. I think it is negative as American voters that we know the current issues and channel out the unnecessary flood of obstinate reporting. One model originates from the going with article, which I discovered inside the Indianapolis Star. In his article, The Virtues of a Boring Candidate, David Brooks summarizes presidential applicant John Kerry as a dull speaker who invested an excess of energy in congress. He additionally calls attention to that he may know an excessive amount of data, as with the end goal that he delivers bore a few discourses and explains a lot on points. This leads you to scrutinize the creators legitimacy in the political field of news coverage. I am ameliorated and accept a great many people feel a similar when we realize that our President is educated about the issues. While picking a President, I don't believe that the American open is truly worried about somebody who will keep them engaged when they turn on their TVs. Individuals choose a President where they feel sure that they will settle on right and good choices dependent on the idea of the country. This is simply one-sided news coverage pr oposed to convince the peruser to feel how Mr. Streams does. Presently, let us take a gander at the advantages of authentic news-casting. At the point when individuals are given the realities, it is clear and compact to the peruser what the creator is attempting to let them know. There is no space for opinio ... <!

What is a Speech Writing Essay?

What is a Speech Writing Essay?A very important part of the process in composing a successful speech is to be able to start with the right speech writing essay. This should not be viewed as some kind of tedious and boring activity. Rather, it is a means by which the audience can get to know about the speaker and his/her position on the stage. These essays are important because they act as great leverage tools when they come to be used during public speaking.With this being the case, it is important that the audience is given a clear picture of the speech writer's goals, and the kind of public speaking he/she has been doing. It is also important that the audience knows about the different styles and topics that the speaker can handle. This ensures that the speech writing essay has some kind of a theme. At this point, it is important to note that there are many ways that the speaker can get to make the essay.Speech writing essays are made possible because of the internet. For one, ther e are several sites that are known to put out excellent articles on various topics related to the topic. By reading these articles, it is easy to get an idea of the kinds of themes that can be considered. It is also necessary for the writer to ensure that the essay comes out as a stand-alone piece, and not one that comes with a variety of other essays that are unrelated to each other.There are various schools of thought that can be found online as well. For those who are interested in researching on this, there are also websites that can help make this easier by listing the various techniques that are generally used by writers when they make a speech writing essay.Since a lot of people who look at the internet will have an idea of what a speech writing essay is, it is worth noting that the essay can be used by an author to prove something about himself or herself. The speech writing essay is also useful in making sure that the speaker is good at public speaking.If the writing is don e properly, it makes it easier for the author to make his/her speech more exciting and interesting. When this happens, the audience will be able to listen better, and their attention will be diverted from other things such as checking the time.An essay needs to be prepared well before it is read by the audience. This is because the presenter cannot be expected to read it while standing up. A presentation done in front of a camera or live microphone is another kind of essay, which needs to be prepared well so that it can be properly read and understood by the audience.The various forms of essay are designed to catch the attention of the audience. It is also important to note that there are plenty of ways that a writer can actually make an essay. By doing so, it will help in developing a better understanding of how the process works.

Assessing Deposits And Profitability Relationship Of Islamic Banking - Free Essay Example

Sample details Pages: 15 Words: 4600 Downloads: 5 Date added: 2017/06/26 Category Statistics Essay Did you like this example? The purpose of this research study is to analyze the impact of Islamic Banking Deposits (Investment, Savings and Current accounts) on the profitability measure ROE of the Islamic banking industry in Paksitan. For this purpose, time series data of eleven quarters covering the period 2007 to 2009 is taken for the required variables from State Bank of Pakistanà ¢Ã¢â€š ¬Ã¢â€ž ¢s quarterly editions of the à ¢Ã¢â€š ¬Ã‹Å"Islamic banking bulletinà ¢Ã¢â€š ¬Ã¢â€ž ¢. The results showed that all the deposit variables had a significant positive relation with the profitability of Islamic banks. The aim is to contribute to the literature on deposit-profitability relationship of Islamic banks. Islamic banking is a banking activity based on Islamic principles, which do not allow the paying and receiving of interest (ribaà ¢Ã¢â€š ¬Ã¢â€ž ¢) and promotes profit sharing in the conduct of banking business. (Ghazali, 2008). According to the latest quarterly edition of State Bank of Pakistanà ¢Ã¢â€š ¬Ã¢â€ž ¢s à ¢Ã¢â€š ¬Ã…“Islamic Banking Bulletinà ¢Ã¢â€š ¬?, the total Shariah-compliant assets worldwide have grown to about US$ 700 billion à ¢Ã¢â€š ¬Ã¢â‚¬Å" with annual growth exceeding 10.0 percent during the past decade and are projected to grow to US$ 1.6 trillion by 2012. State Bank of Pakistanà ¢Ã¢â€š ¬Ã¢â€ž ¢s strategic plan for Islamic banking industry launched in 2008, aims to increase the size of the Islamic banking industry to 12.0 percent (of total banking assets) by 2012. Don’t waste time! Our writers will create an original "Assessing Deposits And Profitability Relationship Of Islamic Banking" essay for you Create order Islamic financial institutions do not only play a vital role in resource mobilization, resource allocation and employment but are also actively involved in the course of implementing government monetary policy. Apart from offering nearly all traditional banking facilities, Islamic banks also assist domestic and international trades. Seeing the potential of the Islamic market, western conventional-based financial institutions such as Citibank, JP Morgan, Deutsche Bank, ABN Amro and American Express have introduced interest-free products to customers. Similarly, multinational corporations such as General Motors, IBM and Dewoo Corporation have already begun to use interest-free services.(Haron and Azmi, 2003). Studies that assess the influence of various factors that determine Islamic banks profitability are still at initial stage. Few attempts have up till now been made to empirically analyze the Islamic banksà ¢Ã¢â€š ¬Ã¢â€ž ¢ performance. In the Islamic banking literature, the work of Haron (1996a) was the first attempt to examine factors that contributed towards Islamic banksà ¢Ã¢â€š ¬Ã¢â€ž ¢ profitability. Most of the research used multiple regression analysis technique in measuring the relationship among the determining factors and profitability ratios. Extending the previous work in Islamic banksà ¢Ã¢â€š ¬Ã¢â€ž ¢ performance, this paper examines the strength of relationship between deposit variables and profitability of Islamic banks using univariate regression methodology. By studying the association between Islamic banksà ¢Ã¢â€š ¬Ã¢â€ž ¢Ãƒ ¢Ã¢â€š ¬Ã… ¸ performance and the deposit variables, this paper contributes to the on-going discussion on the deposits and profitability relationship of Islamic banks. The paper is divided into seven sections. The literature review on determinants of Islamic bank performance is highlighted in Section 2. Section 3 examines the methodology used in analyzing the relationship between the deposits variables used in this study and the performance of Islamic banks. Section 4 presents the discussion and implication. The references are listed in section 5. The tables are listed in section 6 and figures in section 7. Literature Review The whole foundation of Islamic Finance is that the two sides of the equation (i.e. the fund-providers and the fund-users) work in agreement as partners, without depositors being assured of any return from those who use their money. In practice, Islamic banks draw approximately three-quarters of the capital from their depositors, and do not guarantee any precise level of return to these fund-providers. (Shubber and Alzafri,2008). Ghafoor (1995) states that all Islamic banks have three kinds of deposit accounts: current, savings and investment. Current or demand deposit accounts are almost the same as in all conventional banks. Deposit is assured. Savings deposit accounts function in different ways. In some banks, the depositors permit the banks to make use of their money but they attain a guarantee of being paid the complete amount back from the bank. Banks adopt a number of methods of inducing their customers to deposit with them, but profit is not promised. In others, savings accounts are treated as investment accounts but with less strict conditions as to withdrawals and minimum balance. Capital is not assured but the banks take care to invest capital from such accounts in fairly risk-free short-term projects. Therefore, lower profit rates are expected and that too only on a section of the average minimum balance on the ground that a high level of reserve funds need to be kept at all times to meet up withd rawal demands. Contrastingly, Investment deposits are accepted for a predetermined or indefinite period of time and the investors consent in advance to share the profit (or loss) in an agreed proportion with the bank. Capital is not assured. (Ghafoor, 1995). Some IFIs (Islamic Financial Institutions) classify deposits in terms of wadiah or amanah. Current accounts of IFIs are regarded as qard hasan or qard (alternatively, as wadiah/amanah). (Farooq, 2008). Qard al-Hasana is defined as deposits whose full repayment on demand is guaranteed by bank. (Ahmad, 1994). The deposits in the current account are regarded as if they are loans from the customers to the bank and therefore, bear no yield to the account holders.à ¢Ã¢â€š ¬? (Al-Jarhi and Iqbal. 2001). Deposit accounts are neither a liability nor equity capital. They are a à ¢Ã¢â€š ¬Ã…“hybridà ¢Ã¢â€š ¬? source of capital, and must be acknowledged as such. Depositors are partners with the bank, but enjoy no ownership rights. (Shubber and Alzafri,2008). Sudin Haron (1996) mentions that the law allows the banks to accept two types of deposits, i.e., qard al-hasanah deposits and term investment deposits. The qard al-hasanah deposits includes current as well as savings accounts which vary in their operational rules. (Ahmad, 1994). If it is allowed that the borrower can pay extra money voluntarily, then treating deposits as qard-hasan allows the banks as the borrowers to pay extra money to the depositors (lenders). Unlike savings account services at conventional banks, where depositors are automatically rewarded upon appointment of their funds, returns to savings account holders are reliant on the Shariah (Islamic laws) principles which are practiced by Islamic banks when offering this service. When wadiah (trusteeship) or qard hassan (benevolent loan) are used, the returns are entirely at the discretion of the banks. (Sudin Haron, 1996). Nienhaus, (2004) argues that if the customers of Islamic banks desire a return on their funds, they should pay into investment accounts (also called à ¢Ã¢â€š ¬Ã‹Å"participation accountsà ¢Ã¢â€š ¬Ã¢â€ž ¢ or à ¢Ã¢â€š ¬Ã‹Å"PLSà ¢Ã¢â€š ¬Ã¢â€ž ¢, profit and loss sharing accounts). Whereas, credit balances on these accounts are not considered deposits in the conventional sense. The returns on Islamic banksà ¢Ã¢â€š ¬Ã¢â€ž ¢ investment accounts are not fixed in advance; the customers participate by a certain proportion in the financial outcome of the utilization of their investment funds by the bank. These results could also result in a loss. In case of loss, the clients will have to bear a portion of the loss which would reduce the nominal value of the credit balances of their respective investment accounts. In such a situation, the clients cannot claim a full reimbursement of the money paid in. The full reimbursement, however, is constituent for a deposit in the strict sense. (Nienhau s, 2004). Rosly and Zaini, (2008) say that the public in general put their money in banks for either fulfilling transactional needs or for investment needs. To suffice the transactional objective, Islamic banks offer services such as wadiah yad dhamanah deposit, which facilitates safekeeping of their deposit money with guarantee services. In this product, depositors no longer deposit funds to receive a fixed income. Instead, they place their deposits for protection.`Wadiah yad dhamanahà ¢Ã¢â€š ¬Ã¢â€ž ¢ means safekeeping with guarantee. Wadiah yad dhamanah depositors permit the Islamic bank to invest their money in return for deposit safety that they got for free. Since the caretaker service is given without a fee, the Islamic bank holds no legal compulsion to pay depositors a predetermined return and may do so only on voluntary basis. In this way, the bank holds choice on profit distribution policy in the form of gift (hibah). The same is not correct for Islamic fixed deposits, frequently kno wn as mudarabah investment deposits. In this partnership composition, no guarantee is given to capital protection and fixed income, as it runs under equity principle. It is a precarious product as the underlying contract is based on profità ¢Ã¢â€š ¬Ã¢â‚¬Å"loss sharing system. Profits are shared only in case of performing investments, while capital may depreciate or even shrink if the investment ends in losses. (Rosly and Zaini, 2008). Haron and Azmi, (2004) discuss that similar to conventional banks, Islamic banks also rely on depositorsà ¢Ã¢â€š ¬Ã¢â€ž ¢ money as a key source of fund. Bank Muamalat Malaysia Berhad for example, had total deposits amounting to 94 percent of total liabilities and shareholdersà ¢Ã¢â€š ¬Ã¢â€ž ¢ equity at the end of December 2003. While in the case of Jordan Islamic Bank, Islamic Bank of Bangladesh, Bank Muamalat of Indonesia, and Bank Shariah Mandiri of Indonesia, the corresponding amounts were 94%, 86%, 76%, and 79%, respectively. These figures reveal the vast high total of the depositorsà ¢Ã¢â€š ¬Ã¢â€ž ¢ money as a supply of finance for Islamic banks. Hence, it becomes indispensable for the management of Islamic banks to identify the factors that are most likely to convince customersà ¢Ã¢â€š ¬Ã¢â€ž ¢ decision making in depositing their capital with Islamic banks. (Haron and Azmi, 2004). With the exception of a study done by Metawa and Almossawi (1998) where religion was seen as a reason influencing customersà ¢Ã¢â€š ¬Ã¢â€ž ¢ choice to support Islamic banks in Bahrain, other studies have proven counter wise. The evidence from studies done in Sudan and Turkey, for example, revealed that religion was not the main motive for customers choosing Islamic banks (Erol and El-Bdour, 1989). Likewise, studies conducted in Malaysia and Singapore revealed both religion and profit as the explanation for people maintaining their association with Islamic banks (Haron et al., 1994; Gerrad and Cunningham, 1997). Since depositors are attracted by profits, it is vital for Islamic banks management to be aware of the fact that return rates on deposits persuade their customersà ¢Ã¢â€š ¬Ã¢â€ž ¢ decision to deposit. (Haron and Azmi, 2004). Relating to commercial banksà ¢Ã¢â€š ¬Ã¢â€ž ¢ deposit composition, Hester and Zoellner (1966) and Heggested (1977) found that time and savings deposits had a significant inverse correlation with profitability. Smirlockà ¢Ã¢â€š ¬Ã¢â€ž ¢s (1985) findings demonstrated a significant positive relationship amid demand deposits and profits. In contrast, Fraser and Rose (1971) found that loan rate; time deposit rate and loan-to-deposit ratio had no outcome on profitability. Haron (1996a) found evidence to suggest that current, savings and investment accounts of Islamic banks are positively related to profitability. Fraser et al (1974) considered operating costs, deposit and loan structures as factors within the control of management and found that the factor which had the biggest control on bank performance was bank cost followed by bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s deposit and loan composition. Heggested (1977) proved that banks heavily devoted to time and savings deposits earned considerably lower returns than banks which have higher reliance on demand deposits. Smirlock (1985) confirmed that demand deposits were a cheaper source of funds and had a positive impact on bank profits. In the literature, the majority of studies found that savings and time deposits have a negative relationship with profitability, while a positive relationship has been found for current account deposits. Haron (2004) found that nearly all deposit structure variables had no significant relationship with the profitability ratios. Deposits in current account, was the only variable which had a significant relationship with Bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s portion of income as a percentage of total assets and Net profit before tax as a percentage of total assets. Each 1% increase in the current account holdings increased the bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s income by 0.034% and profit before tax by 0.036%. This end result was in line with the findings reported by Smirlock (1985). Since a current account service is considered a cost-free facility, it is anticipated that the more funds deposited into this account, the more Islamic banks would stand to profit. Interestingly, no significant relationship was fo und between current account deposits and Total income as a percentage of total assets, which implied that an increase in current accounts does not generate more proceeds to the bank as a whole but only functions as a cost saving measure. That is, no returns are paid to these depositors. In the case of savings and investment accounts, even though their relationships with all profitability ratios were at an insignificant level, the signs of their regression coefficients warranted further clarification. No contradiction with the findings of conventional banking literature with regard to savings accounts was apparent. A negative relationship was found between Savings account deposits and the profitability measures. This result suggests that any increase in savings accounts will reduce profits and it corresponds to the findings in the current banking literature (see for example Hester and Zoellner, 1966; and Heggested, 1977). The results on Investment account deposits in Haronà ¢Ã¢â€š ¬Ã¢â€ž ¢s (2004) study are not similar to those findings reported in earlier researches. Hester and Zoellner (1966) and Heggested (1977), for example, found that fixed deposit facilities had an inverse relationship with profitability. Since some of the characteristics of investment deposits at Islamic banks are similar to the fixed deposit facilities of conventional banks, it is expected that more funds deposited into these accounts would result in less profit to the bank. In contrast, Smirlock (1985) believed that an increasing amount in fixed deposits would have a positive relationship with a bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s profitability. Haronà ¢Ã¢â€š ¬Ã¢â€ž ¢s (2004) study found that Investment account deposits had a positive relationship with all profitability measures and thus, confirmed Smirlockà ¢Ã¢â€š ¬Ã¢â€ž ¢s hypothesis. Haron and Azmi (2004) attempted to investigate the strength of influence between both internal and external variables and profitability of Islamic banks in selected countries using timeseries techniques of cointegration and error-correction mechanism. They found a significant long-run relationship between profitability measures of Islamic banks and determining variables such as liquidity, deposit items, assets structure, inflation and money supply. They also found that à ¢Ã¢â€š ¬Ã‹Å"Investment account depositsà ¢Ã¢â€š ¬Ã¢â€ž ¢ was the only variable which had a significant relationship with all three profitability ratios. For Current account deposits, a positive relationship was found with à ¢Ã¢â€š ¬Ã‹Å"Bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s portion of income as a percentage of total assetsà ¢Ã¢â€š ¬Ã¢â€ž ¢. The result indicated that a 1% increase in current account holdings increased the bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s portion of income by 0.064%. Given that current account facility is a cost-free serv ice, the more funds deposited into this account, the higher profits will be made available to Islamic banks. Interestingly, current account deposits had no significant relationship with à ¢Ã¢â€š ¬Ã‹Å"Total income as a percentage of total assetsà ¢Ã¢â€š ¬Ã¢â€ž ¢ implying that an increase in current accounts does not generate more income to the bank, but only functions as a cost saving measure. On other words, Islamic banks do not pay any rewards to their depositors. These results were in line with the findings of Haron (1996a, 2004). Savings deposits variable was found to have a significant positive relationship with à ¢Ã¢â€š ¬Ã‹Å"Total income as a percentage of total assetsà ¢Ã¢â€š ¬Ã¢â€ž ¢. For every 1% rise in savings account, total income increased by 0.26%. This was in line with normal banking practices whereby Islamic bank could use the funds deposited in this account for productive purposes and thus, generating additional revenue for the bank. Increases in deposits size has a positive impact on Earnings per share (EPS), as a portion of depositorsà ¢Ã¢â€š ¬Ã¢â€ž ¢ profits is minused as a fee for the benefit of the bank and its shareholders. (Shubber and Alzafri, 2008). Returns on Islamic deposits are though flexible in nature since returns are based on performance rather than contracted upfront as evident in all interest bearing deposits. Although the mudarabah rates (investment deposit rates) are quoted using the rates given in the previous months, they are not fixed beforehand and serve as an indicative rate of return on Mudarabah deposits (ROMD). The Mudarabah (investment deposits) contract works along profità ¢Ã¢â€š ¬Ã¢â‚¬Å"loss sharing principles while fixed deposits of conventional banks are based on the contract of debt. As an equity product, a Mudarabah deposit offers no principal protection and legal claims against any form of returns. To make up for the risk exposure of the product, Mudarabah depositors are expe cted to be given higher returns relative to that of commercial banksà ¢Ã¢â€š ¬Ã¢â€ž ¢ fixed depositors who avoided risk. (Rosly and Zaini, 2008). Haron and Shanmugam (1995) in their study try to link the profit rates to Islamic bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s deposits. Using Pearsonà ¢Ã¢â€š ¬Ã¢â€ž ¢s Correlation and First Order Autoregressive model, they found strong negative relationship between the two variables. Likewise, their finding showed a positive linear relationship between conventional and Islamic bank deposits. Haron and Ahmed (2000) argue that people who placed their deposits at saving and investment account facilities were guided by the profit motive. The utility maximization theory amongst the Muslim customers was further confirmed by the negative relationship between the rate of interest in conventional banks and the sum deposited in interest-free deposit facilities. Muslims should be guided by Islamic doctrines when making their economic decisions. Therefore, role of educating people regarding Islamic banking system should be played globally. It is indeed a challenging task. (Haron and Ahmed, 2000). Shubber and Alzafri, (2008) say that EPS (Earnings per share) improves as the level of deposits increases, as depositors were viewed as sharers in the profit and loss, rather than being entitled to a fixed interest rate. This supports that increasing deposits have a positive impact on EPS (Earnings per share). Increasing deposits, therefore, do not direct any increment in the cost of equity. In fact, equity holders benefited from larger deposits, as owners of the latter pay out management fees, which is deducted from the depositorsà ¢Ã¢â€š ¬Ã¢â€ž ¢ share of the profits. Also, the market value of Islamic banks is independent of WACC. (Shubber and Alzafri,2008). Haron and Azmi (2004a) demonstrated that with the exception of fixed and investment deposits, any increase in rates of interest, deposits at conventional system will increase and deposits at Islamic system will decrease, and vice-versa. As for the fixed and investment deposits, ambiguous results were found. One possible explanation for this is that rates of profit for deposits at Islamic system are known at the end of the deposit period and not at the beginning as opposed to the conventional system. Any upward changes in interest rate of conventional system will have an adverse impact to the deposit levels in the Islamic system. Therefore, rates of profit of Islamic system must at any time be similar to those of the conventional system. Finally, religious dimension can be considered as an important element to attract more people to deposit their funds in the Islamic system. This could also be the reason why more and more conventional banks are starting to offer Islamic banking facili ties to their customers not only in Malaysia but also to other parts of the world. (Haron and Azmi, 2004a). Hasan and Bashir (2003) argue that the rising contest and continuous innovation to provide financial services, all contribute to a increasing interest in a detailed evaluation of Islamic banks. Depositors are interested in evaluating the performance of their banks since they are not given fixed returns and the nominal values of their deposits are not assured. In trying to make best use of the value of shareholders investment, Islamic banks are exposed to risks. Hence, analyzing the Islamic banksà ¢Ã¢â€š ¬Ã¢â€ž ¢ performance is important from economic and public policy perspectives. (Hasan and Bashir, 2003). Methodology This study uses univariate regression analysis to examine the relationship between deposits and profitability of Islamic banking industry in Pakistan. Univariate regression is a method of regression analysis that uses one explanatory variable to predict values of a single dependent variable. SPSS software is applied to obtain the univariate regression. In this study, three independent variables titled Fixed deposits, Savings Deposits and Current account deposits have been used. The dependent variable of profitability is measured by ROE which is the ratio of a bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s net after-tax income divided by its total equity capital. The return on equity (ROE) is considered to be one of the profitability performance ratios (Tarawneh, 2006). It indicates how effectively the management of the bank is able to turn shareholdersà ¢Ã¢â€š ¬Ã¢â€ž ¢ funds (i.e. equity) into net profit. ROE (Return on Equity) has been tested separately for the three independent deposit variables to avoi d the issue of multicollinearity since all the deposit variables are highly correlated to each other. This paper attempts to test three hypotheses. According to Becker (1995), hypothesis testing is the process of judging which of two contradictory statements is correct. Hypothesis 1: Investment Deposits increase the profitability of Islamic banks. Hypothesis 2: Saving Deposits increase the profitability of Islamic banks. Hypothesis 3: Current Account Deposits increase the profitability of Islamic banks. The data for this study is time series data taken from the quarterly editions of the à ¢Ã¢â€š ¬Ã…“Islamic banking bulletinà ¢Ã¢â€š ¬? published by the State Bank of Pakistan. These bulletins publish the consolidated financial statement variables representing the entire Islamic banking industry of Pakistan including all the full fledge Islamic banks (Al Baraka Islamic bank, Bank Islami Pakistan limited, Dawood Islamic bank Limited, Dubai Islamic bank limited, Emirates Global Islamic bank Ltd and Meezan Bank Ltd.) as well as the Islamic branches of conventional banks (Askari Bank Limited, Bank Al Falah Ltd., Bank Al Habib, Faysal Bank, Habib Metropolitan bank, MCB Bank Ltd, National bank of Pakistan, Soneri Bank Ltd, Standard Chartered Bank, The Bank of Khyber, Royal bank of Scotland, United Bank Ltd). The sample period for this study is limited from 2007 to 2009 as most of the Islamic banks started operations from 2007 in Pakistan. Hence, the consolidated data of the eleven consec utive quarters has been used in this study. The general equations of the three models are: Profitability = b0 + b1(ID)(1) Profitability = b0 + b1(SD)(2) Profitability = b0 + b1(CD)(3) Where, b0 = intercept (constant) Dependent variable: Profitability = ROE (Return on Equity) Independent variables: ID = Investment Deposits SD = Savings Deposits CD = Current Account Deposits Results The results of the regression analysis for model.1, 2 and 3 are shown in Tables 1, 2 and 3 respectively. All the three models were significant at the 5% level of significance. The value of the adjusted coefficient of determination (adjusted R2) for ROE in model.1 is 0.4 which demonstrates that 40% of the variability in total is explained by its linear association with Fixed deposits variable. As for model 2 and 3, the corresponding values of adjusted R2 are 0.399 and 0.377 respectively. A relatively small value of adjusted R2 does not necessarily mean that the model is in appropriate to measure the relationship between independent and dependent variables. (Haron, 2004). The value of adjusted R2 is usually influenced by a number of predictive variables relative to the sample size and it becomes smaller as we have fewer observations per predictor variable (Hair et al., 1995). To provide a rationale for the variance in R2 and adjusted R2 values, the Dublin-Walter test was conducted. The Dublin-Walter statistics values for all the three values were less than two which proves that the variance was due to negative autocorrelation in the sample observations. Also, the adequacy of a model for predicting is validated by the F-test. (Haron, 2004). As presented in Table 1, 2 and 3, all F-ratio values are statistically significant at 5% significance level for all profitability models. Hence, these results confirmed that the models applied were useful for measuring the relationship between deposits variable items and the profitability variable. Discussion The results supported all the three hypotheses that Investment, Savings and Current account deposits increase the profitability of Islamic banks. This result is in line with Haron (1996a, 2004) who founded evidence to suggest that all three sources of funds (current, savings and investment accounts) for Islamic banks are positively related to profitability. Hypothesis 1 of this study suggested that investment deposits increase the profitability of Islamic banks. The results show that the value of the adjusted coefficient of determination (adjusted R2) for ROE in model.1 is 0.4 which demonstrates that 40% of the variability in total is explained by its linear association with investment deposits variable. Hence, results support Hypothesis 1. Similarly, hypothesis 2 stated that savings deposits increase the profitability of Islamic banks. The results show that the value of the adjusted R2 for ROE in model.2 is 0.399 at 5% significance which shows that 39.9% of the variability in total is explained by its linear association with savings deposit variable. Hence, results also support Hypothesis 2. Finally, hypothesis 3 proposed that savings deposits increase the profitability of Islamic banks. The results show that the value of the adjusted R2 for ROE in model.3 is 0.377 which shows that 37.7% of the variability in total is explained by its linear association with savings deposit variable at 5% level of significance. Hence, results support Hypothesis 3 also. All these results were significant at a 5% level of significance. Referring to previous literature, the results are mixed. In the literature, most studies found that savings and investment deposits have an inverse relationship with profitability, while a positive relationship has been found for current account deposits. In this study, the current account deposit variable had significant positive relationship with profitability. This result is in line with the findings reported by Smirlock (1985), Haron (1996a, 2004) and Haron Azmi (2004). Since a current account service is considered a cost-free facility, it is expected that the more funds deposited into this account (current), the more Islamic banks will stand to profit. In the case of savings deposits, a positive relationship was found between these deposits and profitability. This result suggests that any increase in savings accounts will increase profits and this is in line with Haron (1996a) and Haron Azmi (2004) as Islamic banks can use these savings funds deposited in this account for productive purposes and therefore, generating additional revenue for the Islamic banks. The results on investment deposits in this study are not similar to most of the findings reported in commercial banking literature. For example, Hester and Zoellner (1966) and Heggested (1977) found that fixed deposit facilities had an inverse relationship with profitability. In contrast, Smirlock (1985), Haron (1996a, 2004), Haron and Azmi (2004) believed that an increasing amount in fixed deposits would have a positive relationship with a bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s profitability. This study found that investment deposits had a positive relationship with all profitability measures and thus, confirmed Smirlockà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Haronà ¢Ã¢â€š ¬Ã¢â€ž ¢s and Azmià ¢Ã¢â€š ¬Ã¢â€ž ¢s hypothesis. In light of the above findings, Islamic banking provides a better and ethical alternative that is not only Riba-free according to the rules of Shariah but also profitable to depositors and investors since all the deposit accounts are positively correlated to profitability. Since, Islamic banking provides three different interest-free deposit facilities to its depositors and investors to facilitate them according to their financial needs, people should invest in these deposit accounts in order to patronize the Islamic banking industry and to receive good returns in the form of à ¢Ã¢â€š ¬Ã‹Å"hibaà ¢Ã¢â€š ¬Ã¢â€ž ¢ from these Islamic banks. In addition, Ghazali (2008) suggests that Islamic banking is indeed relevant to the current economic crisis. The global financial meltdown stemming from the US actually poses an opportunity for the Islamic banking system to demonstrate its distinctiveness. The financial meltdown revealed the desperate need for a system like Islamic finance, based on the principle of profit-sharing where both parties are subjected to probable losses and returns. It is a fair and just system. This is contrasting to the conventional system, where Islamic banks do not acquire or trade debt; rather they manage substantial assets which are tied to real economic activities.. This is really an opportunity for the Islamic financial community to reveal to the global market that the Islamic financial system is actually a robust and feasible alternative to the conventional interest-based system. Hence, people should support the Islamic banking industry worldwide since deposits are positively related to the profitability of Islamic banks. Hence, increased deposits would result in higher profitability of Islamic banks which in return would provide higher returns to its depositors. This would finally lead to implement a justified and ethical economic system which encourages a fair distribution of wealth and resources throughout the society. This study can be extended to include more time series and cross-sectional data of Islamic banks of other countries. The study may also be extended to cover other determinants of Islamic banking profitability.

A Separate Peace - Jealousy - Free Essay Example

Sample details Pages: 2 Words: 495 Downloads: 4 Date added: 2017/09/14 Category Advertising Essay Did you like this example? One of the main reasons that Gene jounces the limb is because of his misunderstanding towards Finny. Gene misunderstands Finny a lot and misinterprets Finny’s intentions. For example, Gene believes that Finny is intentionally attempting to wreck his studies when in reality Finny means no such thing. He simply wants to be friends with Gene and always wants to have fun with him. The misunderstanding takes place on page 45 when Gene has a thought in his head saying: â€Å"Finny had deliberately set out to wreck my studies. That explained blitzball, that explained the nightly meetings of the Super Suicide Society, that explained his insistence that I share all his diversions. The way I believed that you’re my best-friends blabber! † This all makes it seem like Finny purposely did all these activities in order to force Gene’s grades to deteriorate. In reality all Finny wanted was to be friends as I mentioned before. Gene later on realizes that Finny meant him no harm when on page 51 when Finny asked Gene to go out with him then Finny noticed Gene needed to study so he tells Gene he’ll go alone with Leper. Don’t waste time! Our writers will create an original "A Separate Peace Jealousy" essay for you Create order Gene insists on going when he says: â€Å"Wait just a minute. I’m coming† (p. 51). Finny replies and tells him: â€Å"No you aren’t, pal, you’re going to study. † (p. 51) There was the evidence for Gene that Finny meant nothing bad and that all he wanted was to be his best friend and hang out with him as well as have fun. Gene realizes this when on page 51 he thinks in his head and says: â€Å"He had never been jealous of me for a second. Now I knew that there never was and never could have been any rivalry between us. I was not of the same quality as he. † This proves that Gene had completely misunderstood Finny and misinterpreted his intentions. Furthermore, the most important and main reason that Gene broke the limb was because of jealousy. One piece of evidence to prove this point is on page 54, Gene dresses up in Finny’s clothes. Gene says: â€Å"I decided to put on his clothes. We wore the same size†¦Ã¢â‚¬  as well as â€Å"†¦the rich material against my skin excited a sense of strangeness and distinction; I felt like some nobleman, some Spanish grandee. This shows that he wishes that he was Finny and that he envies Finny. In addition, another important reason for Gene’s actions is because Finny is perfect athletically and he is very proud of his talent. He is always good at any sport he plays. Meanwhile Gene’s talent is studying and he is smart but for some reason he is still jealous of Finny’s only talent and so he decides to break the branch. Although he did do it intentionally, we still do not know if he meant to actually end Finny’s athletic profession or if he just intended on hurting him.

Compare and Contrast Call of the Wild Essay - 1375 Words

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Communalism and Politics in India free essay sample

The Executive Committee is headed by Jorgen Buhl Rasmusen since 2007. He was appointed to the Executive Board of Carlsberg A/S in 2006 and is the Chairman, Deputy Chairman or member of the Supervisory Boards of Carlsberg Group companies. 16 www. carlsberggroup. com (Company – Management) 15 Strategic and Financial Valuation of Carlsberg A/S The Deputy CEO is Jorn P. Jensen. He was appointed to the Executive Board of Carlsberg A/S in 2000. He has been CFO since 2004 and Deputy CEO since 2007. He sits as Chairman, Deputy Chairman or member of the Supervisory Boards of Carlsberg Group companies. The role of the Executive Committee is to drive Carlsberg? s strategic development and ensure that there are clear objectives across the organization. 2. 5 Strategy17 The Carlsberg Group is characterized by a high degree of diversity of brands, markets and cultures. The Group? s strategy aims at embracing the three regions the company operates and competes in. We will write a custom essay sample on Communalism and Politics in India or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The Group? s overall strategy and ambition is to be the fastest growing global beer company – measured in terms of average organic growth in net sales and growth in operating profit over a three year period. The overall strategy is identical in all of the three regions but is adapted to each region in order to reflect local conditions. In order to achieve this goal the company has identified five closely linked core priorities providing a clear direction for the entire Company. In each of those five core priorities there are certain guidelines which will be described below. People: Carlsberg aims at recruiting and retaining talent and to continuously develop the ompetences of the work force, driving a performance culture and to inspire a leadership culture based on trust, ownership and diversity. Efficiency: Carlsberg aims at improving efficiency and adjusting and optimizing costs in all markets by concentrating more activities in fewer locations to benefit from economies of scale as well as 17 Annual report (2010, p. 22 – p. 29) 16 Strategic and Financial Valuation of Carlsberg A/S optimizing and simplifying its product portfolio by aligning packaging strategy for more markets wh ich leads to more flexibility and reduced costs. Structure and society: Carlsberg aims at being a significant player, either as a market leader or as a strong number two, in the markets they choose to compete in and balance the presence between growth and mature markets. They aim at sharing best practice between all markets and induce and integrate Corporate Social Responsibility throughout the whole value chain. Products and innovation: The core competences of Carlsberg are within cereals/grain, yeast, fermentation and brewing and as such Carlsberg drives its growth by innovating and producing primarily beer. Consumers and customers: Carlsberg? aim is to revitalize Carlsberg and grow through a winning portfolio of international premium and strong local brands and to excel in all commercial areas with an emphasis on route-to-market and superior outlet execution.