Women in American culture Essay Example | Topics and Well Written Essays - 750 words

Women in American culture - Essay Example The various generations of women that persisted at the time began to see a gap because younger women were full of fresh energy and good vibes and wanted independence from the clutches of the patriarchal society that they lived within. In short, women yearned for a personal identity of their own and were finally able to get it. They began to have successful careers as well as flourishing families, in tune with the capitalistic spirit of the era. The First World War had allowed women to enter the industrial field and begin working in different factories and producing wartime goods. This change also saw a change in fashion because women took to wearing shorter, more comfortable and manly clothes. They adorned scarves, trousers and blouses and gave away their tight fitting corsets and long flowing gowns because they hampered work and productivity. At this time, designers like Coco Chanel began to pave the way for a new look for women; this soon became a part of a new movement as women we re interested in looking pretty, but not becoming slaves to their male counterparts at the same time. They took to fashion like a moth to a flame as they began to dress themselves in a very casual yet independent manner in order to make themselves feel good.Young women began to take claim of their own bodies and became part of the sexual liberation movement. They began to read secretly and understand the works of authors like Freud and Ellen Key. This helped to spark their sexual thoughts and provided them with a new meaning to life. They began to fight for their right to education and began taking on activities like dance, drama and music. Women began attending dance clubs and taking music as a career and they taught the world that these were not merely frivolities but beautiful talents that could be harnessed and shown to the world. (Woloch, Nancy.) Thus, in the ways mentioned above, most women changed as time changed and gained their own identity; it was not easy for them to break away from their husbands, fathers and brothers however they knew they had to, and they did it. They became a part of the changing pop culture that persisted in America at the time and gave something to their future generations to look forward to. The role of women went from simply nurturing children at home to being a part of music, movies, dance and fashion. As time passed women began to perfect other sources of life and took to arts which included things ranging from

International Money and Finance (Final stage 3) Essay - 2

International Money and Finance (Final stage 3) - Essay Example The company’s annual report 2010 provides clues on the exchange rate risks. Operating Statistics Number of rental stores Staff numbers 31 October 30 April 31 October 30 April 2010 2009 2010 2010 2009 2010 Sunbelt Rentals 346 397 393 5,373 5,733 5,334 A-Plant 104 111 105 1,876 1,944 1,872 Corporate office - - - 11 12 12 Group 450 508 498 7,260 7,689 7,218 The operating statistics on the number of rental stores and staff strength provide a comparative view of the performance of the Ashtead Group in the years 2009 and 2010 respectively in Sunbelt Rentals and A-Plant (Ashtead Group Press Release, 2011). Exchange Rate Risk Ashtead Group is exposed to exchange rate risk developed from translation risk emerging from most of the company assets, liabilities, income and costs written in the US dollars. The changes in the comparative value of Pound Sterling and the US dollar can impact on the financial strength and functioning of the company. All debt of the company is shown in the US do llars to secure to a certain extent the revenue stream, hedging against the translation effects erupting from the shift in the dollar exchange rate. The company pays dollar interest on its debts to reduce the impact of any shift in the dollar exchange rate on its income (Ashtead Group Annual Report Accounts, 2010). Movements in the rate of the US dollar with respect to Pound Sterling has been having and crucial impact on our financial position and outcomes of operations as registered in pounds are because most of the company assets, liabilities, income and costs are represented in US dollars. Movement in the exposure of the firm against Pound Sterling or other currencies however, can create significant transaction exposure for the firm. Higher level of exposure can affect the firm’s short term cash flows and therefore may force the firm to borrow to meet its short term cash requirements. (Moffett, Stonehill, & Eiteman,2009). Till 31 October 2010 all company debts shown in the US dollar were nearly 80% of the value of net assets shown in dollar. It proved out to be robust hedge against currency fluctuations. It reduces the impact of exchange rate fluctuations as interest is paid through dollar as well, thus, reducing the effect on pre-tax profits and income. Based on the latest currency mix of Ashtead Group’s profits and on dollar debt levels, interest and exchange rates at 31 October 2010, a 1% change in the US dollar exchange rate would impact pre-tax profit by ?40,000 (Ashtead Group Press Release, 2011). The company has been benefitting from the strong dollar in the past, as is evident from the results of Sunbelt from stronger dollar in the year 2009 when revenues in dollar were short by 21% across the year to US$1450 million but in reality increased by 7% when shown in UK sterling (International Rental News, 2009). Ashtead's Sunbelt results were boosted by the stronger dollar. Sunbelt's revenues in dollars fell by 21% over the year to US$1450 million, although actually grew by 7% when expressed in UK sterling. A-Plant's sales for the year fell by 2% to 208.0 [pounds sterling] million. Dollar exchange rate hedging worked well for the company in the year 2009 amidst reducing sales for both the companies of the group in the final quarter with 28% cut in income by A-Plant and 24% reduction in the income of Senbelt in local