Accounting Essays – BT Cashflow Changes

BT Cashflow Changes.BT Group ( BT ) is the taking UK company supplying landline telecommunication services and equipment. It besides had the nomadic telecommunication concern which was later sold as MMO2. After the sale of nomadic concern, BT ‘s profile has now changed from a growing company to a mature hard currency bring forthing company. A )Fiscal public presentationThe most common nonsubjective appraisal of the fiscal public presentation of a house is the return it generates on its assets and the measure and quality of the returns. Measure is measured by the absolute and per centum alteration in entire net incomes. The net income and loss history of an administration and its analysis are the premier and first indexs of a house ‘s fiscal public presentation. The latest one-year consequences of BT is for the period stoping 31 March 2005. Appendix I shows the sum-up of cardinal net income and loss figures over the last three old ages. BT ‘s turnover and net income after revenue enhancement in 2005 have increased as compared to 2004 but are still lower than those in 2003. The turnover has declined by 5.7 % merely whereas net income after revenue enhancement has declined by 32.7 % over the two twelvemonth period. This shows that the concern has really low variable costs which is in line with the heavy fixed cost investings usually made by telecommunication companies in set uping their webs and subsequent really low variable costs in transporting informations. While turnover increased in 2005, runing net incomes have declined. This indicates that the concern is confronting some pricing force per unit areas or is passing more on advertizement as the operating net income declined by 0.5 % merely. BT ‘s 2005 net income after revenue enhancement was & A ; lb ; 1,820m and was well higher than & A ; lb ; 1,406m. Though the absolute net income is really high figure compared to most of the concerns and indicates that the company is in strong fiscal place, it besides shows that BT has high fiscal purchase. The company paid a important high involvement and if grosss and operating borders come under more force per unit area, it could hold problem paying involvement costs. BT is cognizant of this issue and has focused on cut downing its net debt. After confronting tough times in early 2000s, it has sold many old investings to raise money for refunding debt. BT ‘s portion monetary value rose after it announced its strategic determination to cut down net debt by raising money through divestments. The net involvement payments have declined from & A ; lb ; 1,439m in 2003 to & A ; lb ; 801m in 2005. Not merely that, the net involvement payment has declined from 49.5 % of operating net income to 29.0 % from 2003 to 2005. The decrease in net involvement as a per centum of operating net income is an of import betterment as it gives investors comfort that even if operating borders come under force per unit area, the company would still be able to run into its involvement liabilities. One speedy manner to analyze a company ‘s public presentation is to look at the net incomes per portion form. The net incomes per portion had besides a alteration form similar to that of net income after revenue enhancement. It foremost decreased from 31.4p in 2003 to 16.4p in 2004 before increasing to 21.4p in 2005. The 2005 addition in net incomes per portion highlights the betterment in public presentation. Though the net incomes did lessening in 2004, BT kept on increasing entire dividend paid to stockholders. This shows the direction ‘s religion in concern traveling frontward and its ability to run into higher dividend outlooks in future. The returns generated on assets is measured by Return on Capital employed ( ROCE ) . Appendix II shows the computation of ROCE for BT. BT had a healthy ROCE of 19.0 % and 20.7 % in 2004 and 2005. The quality of returns is measured by their consistence and by the spread of net incomes, i.e. , the per centum of net incomes being generated from different divisions and locations. The less trust of net incomes on any one division and/or location means the company is in better form to defy downswings in its markets. None of BT ‘s concern contributed more than 50 % in its turnover in the twelvemonth ended 31 March 2005 ( BT, 2005 ) . This indicates that BT Group is moderately good protected from the diminutions in a concern line. The state of affairs is somewhat different if we look at the operating net incomes where BT Wholesale division contributes more than 50 % of net runing net incomes. Any more border force per unit areas in this concern could cut down future net incomes. Most of BT ‘s net incomes originate from UK and hence it net incomes are susceptible to alterations in UK economic system. Fiscal placeThe fiscal place of a company covers its fiscal construction, its assets and liabilities, its liquidness and hazard direction attack ( Accounting Standards 2004/2005 ) . Appendix III gives the high spots of BT Group ‘s balance sheet from 2004 to 2005. The entire fixed assets have increased by & A ; lb ; 639m in the last twelvemonth. While entire fixed assets have increased, the entire current assets have decreased by & A ; lb ; 254m, so entire assets have increased by & A ; lb ; 385m. The lower addition in entire assets as compared to increase in fixed assets is chiefly due to diminish in hard currency and investings. The major alteration in fiscal construction has occurred on the liabilities side. The entire current liabilities have gone up by & A ; lb ; 3,938m due to increase in current loans and adoptions of & A ; lb ; 3,227m. This shows that BT is financing much more of its assets from current adoptions. The monolithic addition in current loans and adoptions has reversed the net current assets ( liabilities ) place. BT had net current assets of & A ; lb ; 2,027m in 2004 and had net current liabilities of & A ; lb ; 2,165m in 2005, a net lessening in current assets of & A ; lb ; 4,192m. While the current liabilities have increased, the long term creditors have decreased by & A ; lb ; 4,335m. If we merely look at long-run creditors, the decrease is impressive and it gives more assurance to the investors that company is in better fiscal place now. But when we combine the lessening in long term creditors with the addition in current liabilities, the net alteration is really less. And the fact that alterations in current liabilities is chiefly due to borrowing alternatively of addition in trade creditors means that the funding of assets has simply shifted from long term adoptions to short term adoptions. The current assets to current liabilities ratio has declined from 1.24 to 0.83 in the last one twelvemonth, a mark of concern in footings of liquidness particularly when the addition in liabilities is non chiefly due to higher trade creditors. Debt to equity ratio indicates the funding of assets. BT had entire debt of & A ; lb ; 13,697m in 2004 and the corresponding figure for 2005 was & A ; lb ; 12,589m, a lessening of & A ; lb ; 1,108m. If we now exclude hard currency and short term investings from entire debt, BT ‘s net debt was & A ; lb ; 8,425m and & A ; lb ; 7,786m in 2004 and 2005 severally. The net debt to book value of equity ratio declined from 2.75 in 2004 to 2.02 in 2005. This means that debt fundss about twice assets as being financed by equity. Higher sum of debt consequences in lower leaden mean cost of capital as debt is cheaper equity. But as BT reduces more debt, its leaden mean cost of capital will increase. The addition would be partly offset by lower cost of equity due to take down opportunities of bankruptcy. Hazard of bankruptcy is measured by involvement screen ratio which is defined as the ratio of hard currency available for involvement payments to net involvement. Appendix IV shows the EBITDA computation and involvement screen ratio. The involvement screen ratio has increased from 6.1 in 2004 to 7.0 in 2005. The healthy involvement screen ratio shows that BT has farther reduced the hazard of bankruptcy and is in better fiscal place now. The debt degree is now really much within manageable degrees and is more like a hard currency rich mature company. Companies usually tend to follow certain dividend tendency to signal market of their appraisal of future net incomes. Dividend declaration is besides portion of hazard direction as it is based on direction ‘s appraisal of future hard currency coevals and outgo outlooks. The hiking in dividend in 2004 and 2005 inspite of diminution in net incomes in 2004 shows the direction appraisal of future low hazards to hard currency flows. Fiscal AdaptabilityAn entity ‘s fiscal adaptability is its ability to take effectual action to change the sum and timing of its hard currency flows so that it can react to unexpected demands or chances ( Accounting Standards 2004/2005, page 26 ) . Appendix V shows the chief elements of amalgamate hard currency flow statement of BT Group. BT Group is bring forthing high sums of hard currency influx from operating activities. During the twelvemonth ended 31 March 2005, the company generated & A ; lb ; 5,900m of net hard currency from operating activities. BT is in telecommunication concern which demands comparatively high degree of absolute investings. It spent & A ; lb ; 2,408m on capital outgo during the twelvemonth ended 31 March 2005. Even if we believe that all of capital outgo was required under normal operations, BT was still left with & A ; lb ; 2,282m of excess hard currency in 2005. As we can see from the Appendix III that BT has now focused on refund of loans. During the last three old ages, the company has reduced adoptions by & A ; lb ; 7,395m. Though BT is able to bring forth important sum of hard currency before disposals but that was non plenty in 2003 and 2004 to refund loans. The company so sold some of its investings to bring forth hard currency for loan refunds. BT besides pays a important sum of dividend to its stockholders. So if its cyberspace hard currency from operations do diminish in future, it has still some buffer in footings of dividend payments to take attention of loan refunds. B )The aim of fiscal statement is to supply information about the coverage entity ‘s fiscal public presentation and fiscal place that is utile to a broad scope of users for measuring the stewardship of the entity ‘s direction and for doing economic determinations ( Accounting Standards, 2004, page 22 ) . The conformity of an entity ‘s fiscal studies with UK ‘s Accounting Standards can be gauged over two chief countries – content and format. Content is of import to give true and right image of a house ‘s fiscal public presentation and place. Different users need different information. Fiscal statements are used by investors to establish their investing determination. So it is of import that fiscal statements have the right content to assist accomplish this end. It is besides of import to hold right format of presentation. Investors are more likely to experience comfy if they see familiar presentation manner and can so measure the company easy. We will look at the content and major fiscal statements to see whether they comply with UK Accounting Standards. We will so besides at few extra notes to fiscal statements to see whether they are besides in line with true and just rule and give the readers a clear image of the entity. First of all we compare net income and loss statement with FRS 3 ‘Reporting fiscal public presentation ‘ . BT ‘s amalgamate net income and loss statement clearly shows the entire turnover and portion from joint venture and associates, and in making so gives more lucidity of its gaining base. The fiscal statement format is similar to the illustration formats shown in Accounting Standards 2004/2005. BT ‘s 2005 Annual Report nevertheless does n't demo portion of turnover and net incomes from discounted operations ( BT, 2005 ) . It is because BT did n't sell any concern in 2005. If we look at the 2002 Annual Report ( BT, 2002 ) , it shows the turnover and net incomes from discounted operations besides. The fiscal statement besides has statement of entire recognized additions and losingss in line with FRS 3 patterns. So the histories run into net income and loss statement UK Accounting Standards in footings of both content and format. We now compare BT ‘s hard currency flow statement with the format prescribed in FRS 1 ‘Cash flow statements ‘ . BT ‘s hard currency flow statement has non merely got all the headers but they are besides in the same order as mentioned in FRS 1. BT study besides gives sub-categories under the major headers and hence is a echt attempt to educate investors every bit much as possible on the coevals and usage of hard currency flows. BT hard currency flow statement uses the format prescribed for the ‘Group ‘ histories. The notes to fiscal statement besides has detailed describing on rapprochement of operating net income to run hard currency flows, analysis of net debt, acquisition and disposals in line with formats for the ‘Group ‘ histories. The following subdivision we analyse is on segmental coverage and look into its comparison with SSAP 25 ‘Segmental Reporting ‘ . SSAP 25 says that a populace limited company should supply segmental analysis on lines of concern category and geographical location. The notes to fiscal statement subdivision in the 2005 Annual Report has a subdivision on segmental coverage wherein BT shows the turnover, runing profit/ ( loss ) and net assets/ ( liabilities ) of different concern lines. It besides provides the above informations based on the geographical location of contrary coevals. The above meets SSAP 25 demands and besides helps investors make a better judgement of hazards faced by BT. BT is in telecommunication concern where engineering alteration is rapid. BT has acquired many companies in recent old ages to maintain gait with the technological developments. So it is of import to analyze the acquisition policies and revelations are in line with the UK Accounting Standards. FRS 6 ‘Acquisitions and Mergers ‘ and FRS 7 ‘Fair values in acquisition accounting ‘ govern the acquisition accounting policies. BT ‘s one-year study under ‘Notes to fiscal statements ‘ gives elaborate revelation of entire and just value of the acquisitions made by it. BT ‘s fiscal statements non merely give the book and just value of acquisitions but besides a elaborate account of them for each acquisition. The clear and easy to understand format of fiscal statements and the deepness of information in them signals that BT non merely merely make the lower limit to run into UK Accounting Standards but besides follows them in true spirit. Appendix I – Highlight of BT Group ‘s net income and loss histories ( Beginning: BT Annual Report and Form 20-F ; hypertext transfer protocol: //www.btplc.com/Sharesandperformance/Howwehavedone/Financialreports/Annualreports/AnnualReports.htm ) Appendix II – ROCE of BT Group ( Beginning: BT Annual Report and Form 20-F ; hypertext transfer protocol: //www.btplc.com/Sharesandperformance/Howwehavedone/Financialreports/Annualreports/AnnualReports.htm ) Appendix III – Highlight of BT Group ‘s balance sheet ( Beginning: BT Annual Report and Form 20-F ; hypertext transfer protocol: //www.btplc.com/Sharesandperformance/Howwehavedone/Financialreports/Annualreports/AnnualReports.htm ) Appendix IV – Interest screen ratio ( Beginning: BT Annual Report and Form 20-F ; hypertext transfer protocol: //www.btplc.com/Sharesandperformance/Howwehavedone/Financialreports/Annualreports/AnnualReports.htm ) Appendix V – Highlight of BT Group ‘s hard currency flow statements ( Beginning: BT Annual Report and Form 20-F ; hypertext transfer protocol: //www.btplc.com/Sharesandperformance/Howwehavedone/Financialreports/Annualreports/AnnualReports.htm ) Bibliography and mentions Accounting Standards 2004/2005 – Extant at 30 April 2004 ( 2004 ) ; Wolters Kluwer ( UK ) Limited. BT ( 2005 ) ; BT Annual Report and Form 20-F for the twelvemonth ended 31 March 2005 ; hypertext transfer protocol: //www.btplc.com/Sharesandperformance/Howwehavedone/ Financialreports/Annualreports/AnnualReports.htm BT ( 2002 ) ; BT Annual Report and Form 20-F for the twelvemonth ended 31 March 2002 ;hypertext transfer protocol: //www.btplc.com/Sharesandperformance/Howwehavedone/Financialreports/Annualreports/Annualreportsarchive.htm

Afghan-war prisoners Essay Example for Free

Afghan-war prisoners Essay American Civil War (234) , Prisoner (26) company About StudyMoose Contact Careers Help Center Donate a Paper Legal Terms & Conditions Privacy Policy Complaints ? Some insurgents’ failed attempt on an US military convoy was provocation enough for them to gun down 16 civilians, leaving another 25 severely wounded. The groups – dead and alive, contained woman and children. It is an event of March 4, 2007, took place in Iraq, on the Jalalabad highway in eastern Nangarhar province. The day next US army again responded the terrorist attack by 2000-pound aerial bombing in the civilian area, killing five women and three children. This happened at the Kapisa outpost. These are regular features in Iraq; between January 2006 till date, more than thousands of civilians were killed by US attack. Back home, US authorities are no less active under the ‘anti-terrorism’ movement. Ahmed Alenany, an Egyptian physician, was picked up from the road of New York City and was detained for five months, charged with overstaying, in spite of his valid ground of filing for its extension well before the expiry. His fault was that the police found two pictures of WTO in his car and he held a roadmap when arrested. That was one bubble on the sea. The United States securely took away 650 Afghan-war prisoners to their military base at Guantanamo Bay, Cuba, where they are reportedly passing their days in small single-person cells. India: On July 2005, four Kashmiri youths went to attend a wedding in Vilgam, Kupwara, and while out in the open at night for smoking away from the disapproving adults, three of them were gunned down by the Indian army all on a sudden. Later army admitted its mistake and wanted to compensate, though there was enough effort to suppress this news. India is also experiencing zero tolerance in counter-terrorism, especially after the militant attack on its parliament on December, 2001. They have even created a special law, â€Å"POTA† , which is capable of detaining anyone under the slightest suspicion on any ground of terrorism, that would later arrest 131 Muslims for the Godhra carnage of Hindus in 2002, who later retaliated with the killings of 2000 Muslims throughout the Gujrat state, were mostly able to slip past this law. China: Charged for â€Å"crimes of terror† and â€Å"incitement to separatism†, the popular religious leader Tenzin Delek Rinpoche was arrested in Sichuan on a night in December 2002 and sentenced to death. He was linked to the series of bombings. Same fate met his co-defendant Lobsang Dhondup, even quicker as he was executed. Now the open secret was that the authorities were up against his activities all the time, as he was a known supporter of the Dalai Lama. Egypt: This country has a track record of arresting hundreds of people either for their proximity to the Muslims, or for possessing â€Å"suspicious† literature. In a known case, 94 such victims, allegedly belonging to an â€Å"Islamic Group† though none heard about its name), were arrested in May, 2001. It was before the September 11 attack and after the attack, they were charged additionally for plotting to kill the government officials! The hapless victims belong to almost all rank and file – Doctors, engineers, professors, to name a few. They were dragged into the military courts whose norms, understandably conform to the trial standards set internationally. Accordingly, 51 were convicted! Georgia: Armed by the US support Georgian authorities have targeted the Chechens at Pankisi Gorge, a place which Russia also labelled as a â€Å"haven for the terrorists†. Here the governmental approach to the human rights violations is indicative of non-caring, as it is echoed by the words of its President Eduard Shevarnadze, who, right after extraditing five Chechens to Russia (October 5, 2002) without holding any court, said, â€Å"International human rights commitments might become pale in comparison with the importance of the anti-terrorist campaign† Afghan-war prisoners. (2017, Apr 25).

Is Journalism in Declineor Being Reinvented in a Better Form in the Essay

Is Journalism in Declineor Being Reinvented in a Better Form in the Digital Age - Essay Example Journalists normally are doing the first which is surveillance. They report whatever is happening around in the world. Online news sites are available in abundance and the users can get all kinds of information at any time. However, there are some who are â€Å"afraid† that they might come across scams and spam and, therefore, the huge amount of information available to us today proves to be very daunting. The second of Laswell’s functions comes into play here which is the correlation function since it is about responding to the environment. Digital reporters make sure to include depth and interpretation in their work in order that the normal regular news consumer may be able to make out whatever is going on. After the journalists find out the information they need to select the best one to investigate and then report. This is the last of Laswell’s function transmitting the social inheritance. Through this they are able to carry out communication regarding the va lues of the society and this can be done through multimedia and interactive presentations. Journalism in a Digital Age Better journalism can be achieved through better regulations and such is the case for digital age as well. These regulations are required in order for the elimination of all kinds of negative aspects. The basis of journalism is news production and distribution. The role of journalism in the society is that of an actor as well as an arena. It is the role of journalists to report the events taking place around the world and also bring out the wrongs going around. It is by means of journalism that it is made sure that the country is free. And now that the society has digitized to such a great extent the information is flowing around very rapidly, and here a journalist’s role is extremely important and critical (Artwick 6). Digital journalism basically means journalism that is originated from the internet. Individuals are getting the power of technological innova tion and are being able to spread the news and information to the masses. Through digital journalism it is possible to create a new media landscape that would be easily accessible to everyone. There is a wide difference between internet and broadcasting but TV and radio channels have been able to set up online activities immediately. Due to the fact that these medium have traditional content, they have led the multimedia services within the same framework like online newspapers. Besides, since they are able to use the novel technology and media without having to make heavy investments on new equipment, the broadcasters are becoming an interest as study objects. Advantages of Digital Journalism Journalism is definitely becoming better as there is more and more advancement in technology. Journalism is always recognized with newspapers and manual work where the journalists have to actually go to the scene and write and report news. With the digital age in progress it is difficult for s ome to imagine that journalism would be able to continue. However, such is definitely not the case. Digitalizing journalism is an option and a very good one at that. Like Marshall McLuhan said: â€Å"technology is turning the world into a global village†. One example is that of newspaper editors. They can actually utilize technology to its best and for their work. For example they can check out the camera viewfinder via the internet and thus advise their

I added my word files Essay Example | Topics and Well Written Essays - 500 words

I added my word files - Essay Example ‘Vegetarian Times’ Study indicates that currently, about 7.3 million Americans have adopted vegetarian diets and 22.8 millions are on the path of vegetarianism. About 1 million American people consume absolutely no animal products and study also indicates that at least 11.9 million have strong inclination to follow a vegetarian diet in the future. Many Americans today look for high-fiber, low-cholesterol, and low-calorie diet and in that sense their switching to vegetarianism is justified. Usually, vegetarian meals provide the lot of fiber, controlled calories and cholesterol free diet. Rudolph Ballentine argues that two-thirds of American households changed their diets due to health reasons in last few decades. The changes incorporated aimed at eliminating beef and pork in diets and increasing vegetable and fruit intakes. Americans are consuming now more fruits and vegetables in their diet than a few years ago. This implies that there is a conscious choice in this change discarding their age-old cultural or traditional habits. Several studies done in past few years indicate that vegetarian diet is complete in all respects and conducive to good health in comparison to the usual diet consumed by majority of Americans. Vegetarians are less prone to many diseases that are prevailing in Americans society today. More and more studies reveal that coronary heart disease, colon and breast cancer rates are much less in vegetarians than those who eat meat. The incidence of obesity, diabetes, and constipation are found much less in those who follow vegetarian diet. The rising incidences of health issues along with mass movement to give up cruelty against animals have been the major causes forcing Americans to change their eating habits. Rudolph Ballentine argues that if meat were dropped by the people in Americas and elsewhere, everybody on this earth could be fed well. From the view point of agricultural land use and its cost

Marketing project Essay Example | Topics and Well Written Essays - 500 words - 1

Marketing project - Essay Example Netherlands has a population of 16,652,800 people and about 15,500,000 bicycles (Shahan, 2014). This translates to about 1.11 bicycles per Dutch. Research also shows that about 27% of all trips are made by bicycle. On average, each Dutch covers about 2.5 km per day on a bicycle. However, since safety is paramount, we intend to introduce state-of-the-art bright bicycle lights, which would be placed on the front of the bicycle to enhance vision and red lights at the back. At the backdrop of the continued growth of bicycle use in the Netherlands, we have decided to take advantage of the high demand for bicycle lights in the country by entering into the market. Although there are a variety of entry methods that ‘A company can use to enter the Dutch market, we have opted to use joint venture as the best entry method, considering the Dutch legal requirements and the advantages of joint venture. The company has already identified a company with which to form a joint venture in Netherlands. The company is called Royal Dutch Gazelle, which is the leading bicycle manufacturer in Netherlands today. We chose to form a joint venture with Royal Dutch Gazelle because of a variety of reasons. Firstly, Royal Dutch Gazelle is a well-established brand in Netherlands and , therefore, forming a joint venture with it will enable our bicycle lights receive a warm reception among the Dutch. Secondly, a joint venture with the Dutch company will help the company share the risk of entry (Brady, 2010). Company A will also benefit from the joint venture with Royal Dutch Gazelle because it will result in sharing of knowledge and expertise, thereby helping in the development of the company in Netherlands. Additionally, because of the strict Dutch laws regarding the entry of foreign companies, it became appropriate that we form a joint venture with a Dutch company to enable the company A

Technical report on hydrogen experiment Assignment Essay

Technical report on hydrogen experiment Assignment - Essay Example figures Figure 1 preparation of the electrolyzer module 6 Figure 2 Filling the syringe with distilled water 7 Figure 3 Placing inner containers 7 Figure 4 Connecting tubes 8 Figure 5 Using fuel cells and solar panel 8 Figure 6 Inserting batteries 10 Figure 7 Assembling electrical fans 10 Figure 8 Connecting the motor to reversible fuel cell 11 Figure 9 Using solar panel 11 Introduction Hydrogen derived from renewable sources such as wind and solar is clean, self-sufficient and a permanent energy solution for sustainable development. A kilogram of hydrogen is roughly equivalent to a gallon of gasoline in energy content. (Johanna L, 2007) This makes hydrogen a technology of the future in reducing reliance on imported fuel and greenhouse gas emissions. Hydrogen could be produced from fossil fuels using steam reforming, which emits CO2 and expensive ways such as catalytic cracking without CO2 emissions. This pathway is more cost-effective. Water electrolysis is an efficient and expensive way because of its high electricity requirement. For instance, a study (Khan M.J., Iqbal M.T., 2005) stated that assuming an electricity cost of $0.05/kwh, nearly nowadays price of wind produced electricity; hydrogen made from water electrolysis costs more than $2.84/kg based on higher heating value. Hydrogen produced from photovoltaic is also expensive because of high PV electricity cost.( Sherif S.A. et al, 2005) Wind produced electricity, on the other hand, is becoming more competitive nowadays. Therefore, it can produce less expensive hydrogen. Electrolysis: The general principle in electrolysis is that water is supplied to an electrochemical cell, and hydrogen evolves at the anode while oxygen evolves at the cathode when the supplied energy is greater than the zero current cell potential. Alkaline electrolysis is commercially available technology. It takes place at a temperature around 800C and pressure of 1-30bar.( US department of energy, 2010) Fuel cells: Fuel cells are ele ctrochemical devices that convert chemical energy in fuel to electrical energy with high efficiency and low environmental impact. Because combustion is avoided, they produce power with minimum pollution. They contain electrodes anode and cathode separated by an electrolyte. Fuels such as hydrogen or hydrogen rich synthesis gas, are supplied to the anodes while the oxidant is fed to the cathodes. The most common oxidant is oxygen from air. Electrochemical reaction occurs in the electrolyte producing current while deriving external load.( Fuel cell Handbook, 2010) Materials and Methods Preparation of the Electrolyzer Module and Solar Powered Hydrogen Production 1. Insert the reversible fuel cell, terminals on top, into the slot on the base. Cut 2 x 4cm length pieces of rubber tube and insert a black pin into the end of one tube. Place the tube with the black pin into the top pin on the hydrogen side (with black terminal). Place the other tube firmly onto the top input nozzle on the ox ygen side. Figure 1 preparation of the electrolyzer module 2. Fill

What Is Human Reproductive Cloning Essay Example | Topics and Well Written Essays - 2000 words

What Is Human Reproductive Cloning - Essay Example As the report declares the most prominent theoretical source of objections in the ‘deontological’ school of thought is the moral philosophy of Immanuel Kant, the German eighteenth-century thinker who stressed the ideas of ‘transcendental’ freedom and autonomy. To define his idea of the transcendental autonomy of human reason, Kant presented several formulations of what he called the ‘categorical imperative.’ This is the moral law that he thought people should obey without exceptions. The general idea and two specific formulations of this overarching rule, and see how they can (or cannot) be employed in objections to human reproductive cloning. This paper discusses that Kant’s first formulation, which is of more use, was â€Å"Act only according to that maxim whereby you can at the same time will that it should become a universal law†. The definition of the goodness of genetic diversity does make some sense, but it does not support the Kantian objection to cloning. We can permit cloning in cases where people cannot have children by any other means without allowing it to become the only way of making babies – and without disturbing the human gene pool in any way. Besides, it could be argued that whatever accidental advantages the variety of genetic constitutions has had in the past could in the future be secured by considered genetic enhancements. The more Kantian way to proceed is to say that genetic diversity is good, because it is natural, or intrinsically linked with human reproduction.