Fallen Souls In the Inferno :: essays research papers fc

Fallen Souls in "The Inferno" Thesis Statement: In each Circle and Canto there are different penalties to pay but it is for sure that each forbidden soul in the Inferno will live forever in eternal suffering. I. Introduction II. Medea and Jason A. Jason's love affair. B. Medea and the three children exiled. C. Medea's slaying of the three children and Glauce. D. Jason's penalties. III. O. J. Simpson A. His Crime. B. His Penalties in the Inferno and in life. IV. Benedict Arnold A. His Crime. B. His Penalties in Hell. V. Conclusion Cantos III, V, and XXXIV are only three of the Cantos of the fallen souls of the Inferno. The Inferno is the place we call Hell. It reeks with bad smells and bugs and fire along with the many other hideous things. The Inferno has many Cantos and Circles, each for a different sin or wrong doing towards another. In each circle and Canto there are different penalties to pay but it is for sure that each forbidden soul in the Inferno will live forever in eternal suffering. Our first soul to discuss is eternally locked in Canto V, Circle Two: The Carnal. This man, Jason, became king of Cornith by committing adultery against his wife, Medea, with the king of Cornith's daughter, Glauce. Jason returns to Medea and tells her that she and their three children are to leave his home immediately so he and Glauce can move in. The following day Medea sends Glauce a poisoned robe which kills her. This causes Jason to come to Medea for revenge, where he finds his three children murdered by their mother's hand. Jason grief stricken falls upon his own sword and dies there with his sons. Jason is reputed to the Carnal a place where souls who give up there own life for passion â€Å"are swept forever in the tempest of Hell, forever denied the light of reason and of God,† (Literature 635). He is forever with the judge of Hell, Minos. The Caina is â€Å"the first ring of the last circle where those who performed acts of treachery against their kin,† (Literature 638). One destined for the Caina is O. J. Simpson. This man committed a sin that would send him to Canto XXXII. Simpson killed his wife Nicole Brown Simpson and her friend Ronald Goldman in a jealous rage. Simpson will surely be judged by Minos to go to Caina were his soul will forever have to live in retribution and think about what he had done against his wife, Nicole. O. J. will also have to live the rest of his life on earth and pay cash sums to the Brown's and Goldman's.

Indiana Building Supplies

Indiana Building Supplies – Comment An analysis of these ratios shows that both Clemens and Willis are right. All of the profitability ratios for IBS are higher than the industry average. Thus, IBS seems to have done well. And indeed, it was done well for its shareholders in 2005. Note, however, that the current and quick ratios have generally been trending downward and are significantly lower than the industry averages as well as the stipulations in the loan covenants. Thus, liquidity is poor. Moreover, inventory is turning over very slowly and the average collection period has increased significantly.These figures are manifestations of IBS’s policy of raising prices and focusing almost exclusively on Indiana customers who are relatively price-insensitive but have a more uncertain demand. It seems like IBS is charging a sufficiently high price to overcome a sales level that is significantly lower than it was in 2004. In fact, it has probably been lucky to encounter a r obust demand from its Indiana customers (it is reasonable to assume negligible demand from Ohio and Missouri), so that it did not experience a more precipitous decline in sales relative to its 2004 sales.In addition to this, IBS has also experienced very high volatility in its liquidity and inventory turnover ratios during 2005, another development that is consistent with its pricing strategy. The lengthening of the collection period seems to indicate that Indiana customers are more risky in the sense that they don’t pay as promptly as the average customer. What does this mean for the bank? Peter Willis is correct in being concerned. What IBS seems to be doing is to adopt a strategy of increasing risk for the possibility of higher profit.Raising the prices of its outputs is equivalent to concentrating on the Indiana market and excluding the Ohio and Missouri markets. This means changing its market in such a way that IBS now faces a riskier demand schedule for its products, bu t one that yields it higher profits if it is â€Å"lucky†. Since the bank is simply repaid what it is owed, it does not benefit from this higher profit-higher risk strategy. If IBS is successful in selling off all that it produces (i. e. , if the Indiana customers exhibit sufficiently high demand), then all of the extra profits go to IBS.On the other hand, if demand is poor and IBS cannot unload its finished goods inventory, the bank may not be repaid and could be left holding a mix of finished goods, work-in-progress and raw materials inventory. So, the bank absorbs much of the risk associated with IBS’s pricing strategy. This is a classic example of moral hazard related to risky debt. Note also that IBS’s debt ratio has been increasing since 2000, and now it is well above the industry average as well as what is permitted in the loan covenants. This also hurts IBS’s creditors since their risk exposure is increased.Moreover, as we saw in our discussion of capital in this chapter, a decline in equity capital relative to total assets increases the firm’s incentive to take more risk at the creditors’ expense. So, Clemens’ willingness to go along with Klinghoffer’s suggestion now is not that surprising. Note that the benefits of increased profitability are skewed more in favor of IBS’s shareholders; for 2005 the return on the net worth of IBS is 299 basis points above the industry average, whereas its return on total assets is 70 basis points above the industry average.Let us now see if IBS could generate enough cash internally to repay FNBB its old loan as well as the new loan. As we saw in our earlier discussion, there are three sources of internal cash generation: (i)net income and depreciation, (ii)reduction of accounts receivables, and (iii)reduction of inventory. Now, suppose that we can get IBS to bring its ratios in line with industry averages. How much cash will this generate? (i) Net income a nd depreciation: Assuming cash flows from earnings and deprecation in 2006 remain the same as in 2005, we have cash flows from earnings plus deprecation = $202,500 + $72,000 = $274,500. ii)Reduction of accounts receivables: In 2005, IBS’s average collection period was 49 days, whereas the industry average was 37 days. Current accounts receivable = $600,000 (Average collection period = 49 days) Projected accounts receivable = (Sales / day) * 37 days = ($4,500,000/365) * 37 days = $456,164 where ($4,500,000/365) is sales/day for 2005. If IBS could reduce its average collection period by 12 days, it could generate $600,000 – $456,164 = $143,836 (iii)Inventory: In 2005, IBS’s inventory turnover ratio was 5, whereas the industry average was 8. 5.If IBS could increase its ratio to the industry average by reducing its inventory, then this would generate $900,000 – $529,412 = $370,588, where $900,000 is the actual 2005 inventory and $529,412 = year 2005 IBS sales / 8. 5. Adding up these three sources gives us $788,924 (=$274,500 + $143,836 + $370,588). If a new loan were to be extended, IBS would owe FNBB $473,000 + $220,000 = $693,000, assuming a 10% interest on the new loan and no new interest accumulation on the old loan. Thus, if sufficient preventive measures could be taken, IBS could generate enough cash internally to pay off the bank. A word of caution, though.The $788,924 is a very optimistic estimate since it assumes that IBS can bring its ratios in line with industry averages without affecting its profit margin. This is unlikely. We would recommend not calling the old loan and extending the new loan, but asking IBS to do the following: 1. Reduce sales prices so as to be competitive with sellers in Ohio and Missouri. 2. Pursue a more aggressive marketing strategy to reduce inventories and accounts receivables. 3. Cut back on production to ensure inventory does not get stockpiled. 4. Get tough in collecting old accounts from Indiana customers even if it means sacrificing some future business. .Provide some augmentation of equity by cutting back on dividends and possibly issuing some more new equity at an appropriate time. Get the debt ratio down. 6. Do not take on new debt to replace the $200,000 that will be paid off with the bank loan. 7. Secure the bank loan with specific (inside) collateral if not already done so. 8. Design a realistic periodic loan repayment plan. 9. Consider the possibility of asking for a personal loan guarantee from Bob Clemens. We have assumed that the accounting practices of other firms in the industry are comparable to IBS’s, so that a comparative ratio analysis like this is meaningful.

Ultima is a Curandera in Bless Me, Ultima by Rudolfo...

In the novel Bless Me, Ultima by Rudolfo Anaya, one of the main characters, Ultima is accused many times of being a witch. Ultima is a curandera who uses herbs and medicines to cure people. She goes to live with Antonio Marez, a young boy who lives in the llano with his parents and two sisters due to the fact that she cannot live by herself and had nowhere to stay. Although many people think she is a witch, her use of herbs, medicines, and scapulars show that she is merely just a curandera. With her use of chants and having her spirit in her owl, many are led to believe that she is really a witch. Ultima goes to stay with Antonio Marez, a young boy who lives in the llano with his parents, two sister, and three brothers. This is because†¦show more content†¦The curse was most likely placed on him by the Trementina sisters, three witches who are sisters, because Lucas observed them performing some sort of mass that witches have. First, she makes remedies and makes him drink th em. Afterwards, after resting, Lucas starts coughing and he coughs out vomit and a big ball of hair. This was his hair with which they had worked the evil. Ultima cured Lucas using only natural herbs and medicines. She did not perform any witchcraft. She also did this with the help of Antonio as well. Many people in the town love Ultima. They praise her and can’t thank her enough when she cures one of their loved ones. While many love and praise her, a select few in the town believe that Ultima is a witch and of ten accuse Ultima of it. One of these is Tenorio Trementina, the father of the three Trementina sisters who put a curse on Lucas, Antonio’s uncle. Even Antonio, who loves Ultima very much, once doubted if Ultima was really a witch or just a curandera. Some of Antonio’s classmates have also called Ultima a witch. Tenorio often besieges Ultima. Despite all this, Ultima is still very strong and remains strong until the day of her death. Ultima is also very brave strong. She is not threatened when Tenorio threatens to kill Ultima or when people make the sign of the cross to see if she really is a witch. To conclude, Ultima is accused by some of being a witch because her use of chants and having her spirit inShow MoreRelated A Comparison of Bless Me Ultima and The House on Mango Street2154 Words   |  9 PagesExploring Syncretism in Bless Me Ultima and The House on Mango Street      Ã‚  Ã‚  Ã‚  Ã‚   Syncretism is the fine line between Christianity and Native American Religions because it is the ambivalent, simultaneous attraction of choice and identification to the influences of two or more religious belief systems. Syncretism is most common among minority groups such as Hispanics. The definition applied to their unique position of culture is brought about by the Native American and Spanish ancestry. 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A novel, Bless Me, Ultima by Rudolfo Anaya relates to this concept in the sense that the main character Antonio Mà ¡rez is conflicted due to the deaths he encounters which alters his beliefs. ​The war took Antonio’s three older brothers, but not only taking them, but also a warRead MoreSummary : Bless Me, Ultima, Rudolfo Anaya Essay1697 Words   |  7 Pageswitches are portrayed in our modernistic era. In the novel, Bless Me, Ultima, Rudolfo Anaya depicts the development of Ultima, an old curandera, to symbolize a recurrent theme of how being different is looked down upon. Although being accused of witchcraft has had a negative connotation all throughout history, there is a fine line between using witchcraft for good rather than evil. 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Throughout the novel, Antonio fights a psychological war in his mind about all the religions and faiths that surround him in his everyday routine. All his life he was raised to believe in God, and as a result he grew to be a devote Catholic. However, some of his beliefs alter when Ultima, a curandera, comes to live with his family. By witnessing her mysterious powers, AntonioRead MoreMyth, Religion, and Violence in Pan’s Labyrinth and Bless Me, Ultima: A Comparative Analysis1346 Words   |  6 PagesRudolfo Anaya’s, Bless Me, Ultima and Guillermo del Toro’s, Pan’s Labyrinth are two coming-of-age stories. Both the novel and the movie are full of events that contribute to the disillusionment of the main character’s childhood idealism and the realization of the real world they live in. Both protagonists absorb themselves in a mythical world full of fantasy and each receives exposure to religious theology and trauma by the violence of men. Despite t he fact that Antonio and Ofelia have different