Tuesday, January 28, 2020

Sources Of Finances Available To A Business Finance Essay

Sources Of Finances Available To A Business Finance Essay Starting and running a successful business in the current world is not easy. Due to the rising costs and falling value of stocks, consumers have been left little money to spend. This has led many investors to sell their stock at a loss or just to break even. One way of maintaining a profitable business is constantly injecting some capital into it. Below we identify the major sources of finance available to a business. Bank Overdraft This refers to a short-term credit facility that is provided to a business by the bank. It is one of the most common that a business can use to raise some to receive extra. A bank overdraft permits an account holder to withdraw more the amount of money they have in their bank account. The overdraft attracts interests on the amount overdrawn (Shaw 2011). Loan Business loans can be classified as either long term, medium or short term. Although loans are regarded as costly way of raising extra capital, it is ideal for long-term business projects such as development and expansion. Grants As a source of finance, grants are offered to businesses for services or programs that profit the local community. Grants are offered by large private firms and government agencies. Retained Profits A business can plough back some of its undistributed profits back into the business. Retained profits are the amount of money held by a business to provide financial back-up in times of need. This is acknowledged as the most ideal way of raising extra capital in business as there is no interest or extra charges incurred. Working Capital Working capital refers to the sum of money that a business has set aside meant for financing the day to day activities. Working capital is also ideal as a source of addition capital since no cost is incurred (Shaw 2011). LO1 1.2 Implications of finance as a resource The main sources of finance are credit unions, banks as well as private investors. Funds from other income streams such as rented properties and money from stock are also credible sources of cash to finance a business. Each source of finance is associated with a set of implications such as the amount that is paid as interest on a bank loan, penalties for late payments as well as other infractions set in the contract between the borrower and the lender. Although the implications might be more or less the same as those of regular banks, credit unions may however set their interest rates at a lower figure. Private Investors: The use of private investors as a way of financing a business will attract a legal agreement that is bidding to both the seller and the buyer. Although the agreement maybe at times verbal, the implication of avoiding a written legal contract between the two parties involved might be severe and one party may fail to honor their obligations. Good private investors are know not lend money to business people until they performed due diligence on the businesses (Ralph 2005). Sources of finance from dividends, sale of stock or rented properties is practical and more lucrative. However, these kind of financial sources have been associated with a number of implications. For instance, stock prices may fall drastically leaving the investor with huge losses. The solution to finding the right sources of finance is to look at the benefits and drawbacks, and come-up with the best fit for a given business loan, investment prospect and other financial needs. LO1 1.3 Appropriate sources of Finance There are so many sources of finance that a business can choose from and it therefore up to the business owner to select the most appropriate way to finance business projects. To fund that important business project, a business may seek a loan from bank as well as any other financial institution with lending services. Another appropriate method of raising the necessary finance is by requesting for a bank overdraft. Another method that has become quite popular is raising finances through venture capital. Investment specialists and merchant banks might be willing to finance fast-growing and promising business project. Venture capital is a composition of chare and loan capital. Lucrative business projects may qualify for funding and assistance through grants offered by the government and other non-governmental organizations. For instance, low interest loans and grants may be offered to business that establishes their operations in the rural areas. One of the viable ways of financing ong oing and expensive business ventures is by leasing expensive equipment. This helps the business to save a lot of money. Lastly, businesses may raise finance through trade credit. This is a short term source of finance that makes it possible for business to purchase items on credit and pay later (Incstaf 2010).   LO2 2.1 costs of different sources of finance The cost associated with loans (debt financing) is interest while the cost of investments (equity financing is share of the profits or dividends. Comparing the costs for different sources of finance may involve the analysis and calculation of cost of capital. This may involve comparing the interest charges on a loan with the businesses with the total percentage of accumulated profits or retained earnings that belong to the investor. Business owners seeking loans from a number of banks should compare the payments terms and interest rates being offered. Even very little variations in the interest rate can tote up to considerable amounts over a long period of time. Unsecured Short-term loans, for example lines of credit, usually have a high rate of interest as compared to long-term secured loans such as mortgages. The fact trade credits and bank overdrafts attract high interest rates make them to be too costly (Higham 2004). The interest rate is normally dependent on the risk as well as the credit rating score of the borrower. If a business need financing for a fixed period of time mostly less than a year, it could be more suitable for the business to borrow from friends and family or set up a short term loan from a bank. As an additional cost to the business, banks may require security or collateral for the loan being secured as insurance against loan defaults. LO2 2.2 importance of financial planning Financial Planning is the practice of determining the amount of capital needed as well as the competition of the capital. The process of financial planning involves creating policies, objectives, procedures, budgets and programs concerning the financial activity in concern. Financial planning ensures the adequate and effective financial and investment policies. Some of the importances are as outlined; Financial planning guarantee the adequate utilization of funds Financial Planning assists in maintaining a reasonable stability between the inflow and outflow In addition, Financial Planning guarantees that the suppliers of funds are effortlessly investing in businesses that observe financial planning. It has also been attributed in facilitating expansion and growth programmes which assists in the long-run survival of the business. Financial Planning decreases uncertainties with respect to shifting market trends by eliminating these hindrances, financial planning helps in maintaining profitability and stability in a business (Higgins 2011). LO2 2.3: Information needs of different decision makers There are various parties keen on the information of a business. These parties can be classified as either internal or external depending on how interested they are in the business and the influence they have on the organization. They also need different forms of information and based on their requirements. Owners/ Shareholders These are internal parties of the organization and they need information for sound decision making when it comes to productivity of the firm, income belonging to shareholders, asset base of the company (net worth or payable), as well as the availability of assets (cash) for future development. Employees These are also internal parties whose purpose of acquiring information on the organization is totally different from that of its proprietors. Workers are mostly worried about their wages and other remunerations from the job and the permanence of the company for the safety of their employment. Their main areas of interest are the organizations economic information, productivity of the business and any future development plans (Suthaharan 2010). Lenders Financial institutions like banks and lenders also have a keen interest on the financial reports of the company, especially if the company wants to borrow funds for expansion or for settling operational costs. Banks are interested in gearing ratio of the organization (a form of ratio involving the loan capital and equity capital). Profitability of the firm: liquidity ratio, interest covers (capacity to offset interest charges if the loans are acquired); fixed assets foundation to obtain the information regarding the securities obtainable for the loan etc are all necessary to financial institutions. Government/ Regulatory institutions The government is interested in how much profit the company is making and if it is paying the correct tax charges for their income. The government also checks for other forms of applicable tax charges; compliance with the managerial bodies systems (bookkeeping principles, Colombo stock exchange requirements etc (Suthaharan 2010). General Public/ customers The general public is interested in knowing the operation of the firm and the stability of the employment. LO2 2.4: Impact of finance on the financial statements Presently, companies frequently smother monetary statement like the balance sheet, statement of cash flows and the income statement. Once the financial statements have been released at the end of a financial year, they may have huge impacts on the investors and other stakeholders. Hence, it is up to the company to make sure that all the information the financial statement is correct. Impact on Stock Price the stock of a company can be greatly impacted by financial statements. In making their investment decisions, several investors use financial statements to establish the viability of investing in certain stocks. The upward and downward movements of stock prices are dependent on the information presented in the statements (Stansky 2010). Financing Decisions financial statements are likely to affect the likelihood of accompany to acquire funding. If a business is attempting to take out a production loan, the lender will routinely scrutinize the financial statements of that company. Lenders are more likely to invest in businesses that have good financial statements. LO3 3.1 Analyze budgets and make appropriate decisions Once a business becomes operational, it is important tightly manage and plan its financial performance. One of the most effective methods of keeping the finances of a business on track is by creating a budgeting process. Managing, monitoring and creating a budget are important in guaranteeing the success of the business. The budget should help the business owner in allocating resources where they are required, so that the business remains successful as well as profitable. The budget process should be simple and should take into consideration what will be earned and spent in the business. Start-up businesses may run their businesses in a tranquil way and may not even require a budget. on the other hand, if a business is planning to grow and expand into the future, budgeting is one of the most effective way of managing funds and new stream of cash flows thus allowing the business owner to invest in fresh opportunities at the right time. A budget is an important planning tool that helps business in making appropriate decisions relating control of finances (Wendy 2006). LO3 3.2 calculations of unit costs and making pricing decisions A Unit cost refers to the actual cost of delivering a single unit of a product or service. The calculation of unit costs is done with the intention of providing a basis of comparing the costs of different providers of goods and services. It can be used in identifying trends that might signal variations in productivity, resources as well as the quality of services. Unit costs may be termed as the benchmark for measuring performance (Damodaran 2011). By understanding how to establish Unit costs, a business can be able to promote effective use of funds. It can provide information that can be used to improve services. The use of unit costs can help in identifying economies of scale, assist in establishing fee policies, strengthening future applications as well as informing on the contracting processes, identify economies of scale, help to establish fee policies, and strengthen future grant applications. Making pricing decision can sometimes be a tricky and hard decision. For instance, if goods and services are priced too low, the business might not be able to cover all the expenses and if highly priced, the business might not realize any sales at all. LO3 3.3 viability of a project using investment appraisal techniques In nature, different Investment opportunities and projects vary considerably. Hence, project appraisal techniques were designed to assist business managers and investors make good decisions and choose the most viable projects. The real meaning of all investment appraisals is the evaluation of the value of proposals which need financial and economic commitment of resources, by taking into consideration the costs and benefits. For any business, making bad investment decisions can end in loss of opportunities to net new investors, limited future growth and poor financial and economic performance or the disappointment of shareholders. Investment appraisal intervenes at the stage where a business plan is transformed into its corresponding financial plan and the choice to finance its execution (Hassan 2008). LO4 4.1 main financial statements In a company, there are three major financial statements namely; the balance sheet-which is a report of a companys assets, liabilities and stockholders equity as at a given time. Then there is the income statement which simply is a record of a companys revenues and expenses during a certain financial period. The last major financial statement is the cash flow statement (commonly known as the statement of cash flows). This statement provides information on the changes that have occurred a companys cash and cash equivalents during the similar period income statement (Leigh 2012). LO4 4.2 formats of financial statements for different types of business The income statement of a manufacturing business is different from that of a retail store. In this income statement (manufacturing), the first line is occupied by gross income followed by the subtraction of goods manufactured. This results to gross income. The second portion of the income statement records all expenses that are linked administrative, general and selling costs. This is again subtracted from gross income to disclose operating income (Steiner 2012). For smaller businesses and companies, the business may maintain very simple balance sheet but for large companies, the balance sheet is broken down into current assets and liabilities and long-term assets and liabilities. Several businesses use the accrual basis of accounting. This implies that they will identify income received from a sale after the sale has been completed and not essentially when the cash is received. LO4 4.3 financial statements and Ratio A ratio is an expression of a relationship between two or more quantitative variables. On the other hand, financial ratios show the interrelationships between different elements in the financial statements. The analysis of financial ratios involves determining a standardized connection between figures showing up in the financial statements as well as using those relationships known as ratios to evaluate the business financial performance and position. A number of techniques have to be used in ensuring that financial statements of different businesses have been simplified and made compatible. Such method may incorporate the use of great tools for example common sized financial statements and ration analysis. Financial ratios fall in one of the four classes, namely; liquidity (current ration, quick ration), profitability (return on assets, return on equity), investor (Earning per share) and long-term or risk (asset turnover, asset receivable turnover ratio) (Loth 2011).

Monday, January 20, 2020

Essay on Literacy in Song of Solomon -- Song Solomon essays

Literacy in Song of Solomon    Through literacy will come emancipation. But emancipation comes in many forms, as does literacy. The various aspects of academic literacy are rather obvious in relation to emancipation, especially when one is confronted with exclusion from membership in the dominant culture. Most, but not all, of Toni Morrison's characters in Song of Solomon appear to have attained at least a modicum of literacy. But what part does literacy play in the advancement of the individual, and to what lengths will one go to achieve it?    "But if the future did not arrive, the present did extend itself, and the uncomfortable little boy in the Packard went to school and at twelve met the boy who [...] could liberate him [...]" (Song of Solomon 35-36). So says Toni Morrison of Milkman Dead, the boy in the Packard, in Song of Solomon. The other boy of whom she speaks is Guitar Bains, Milkman's mentor-of-the-street. Morrison tells us little more of Milkman's formal education, but we can assume that he goes on to high school because Guitar is in high school when she introduces him. We do learn that Milkman's sisters attend and graduate from college, but their education isolates them from the rest of the community. In fact, at age forty-four, Corinthians eventually goes to work as a maid and enters into a relationship with Porter, one of her father's tenants, much to her father's dismay. Within the class structure of "haves" and "have-nots," Corinthians finds the "haves" side abhorrent, the "have-nots" side attractive, but she can not cross the socioeconomic line that her father has drawn. She must remain within the paradigm that separates her from the lower, uneducated portion of their society.    Milkman's mor... ...ith the earth and at the conclusion of the novel when he finds he is able to fly. Is the state of super-metacognition he enters during these episodes a metaphor for an inherent attachment to the past? something akin to a shared history? something ingrained and transferred with roots deeply embedded in African traditions? Morrison leaves the answers to these questions (and many others) up to her readers, but it is obvious that Milkman finds more in historical literacy than he ever received from his formal education.    Milkman sees hope for the future through a connection with the past. In a certain sense, he finds emancipation through his relationships with literacy.    Works Cited Middleton, David. Toni Morrison's Fiction: Contemporary Criticism. New York: Garland, 1997. Morrison, Toni. Song of Solomon. New York: Penguin Books USA, Inc., 1987.

Saturday, January 11, 2020

Victimiology and Alternatives to the Traditional Criminal Justice System

Restorative justice is a procedure whereby all interested parties in a particular offence collectively gather to determine together how to deal with the consequence of the offense and its significance for the future. From the victim’s standpoint, restorative justice has been shown as a rule to have achieved better conflict resolution than the existing system of criminal justice. The concept enables the victims to have a voice in the justice process, by offering them an opportunity to ask queries and seek out answers, affording them a part in the sentencing resolution and providing them with opportunities for closure and healing.Victimiology and Alternatives to the Traditional Criminal Justice System The term â€Å"restorative justice† has come into view in varied forms, with diverse names, and in several countries; it has sprung from sites of academia, activism, and justice system agencies. The idea may refer to an alternative procedure for resolving controversies, to a lternative options of interdiction, or to a uniquely different, â€Å"new† approach of criminal justice organized around theories of restoration to offenders, victims, and the communities in which the parties live.The term may also confer to diversion from recognized court process, to actions taken in parallel with court judgments, and to meetings between victims and` offenders at any phase of the criminal process. Although restorative justice is a large concept with compound referents, there is a comprehensive sense of what it stands for. It calls attention to the repair of damages and of shattered social bonds resulting from crime; and concentrates on the relationships between crime offenders, victims, and society.Restorative justice is a procedure whereby all interested parties in a particular offence collectively gather to determine together how to deal with the consequence of the offense and its significance for the future. For victims, it enables them to have a voice in the justice process, by offering them an opportunity to ask queries and seek out answers, affording them a part in the sentencing resolution, and providing them with opportunities for closure and healing.It is not merely a way of correcting the criminal justice system; it is a way of changing society’s practice of politics, conduct in the workplace, family lives, and entire legal structure. The restorative justice’s vision is of a holistic change in the manner people carry out justice with the rest of the world. Whether restorative justice can eventually be of assistance to the victims without impairing the community or justice remains to be seen. But it is becoming apparent that the concept does without a doubt helps most victims.Increasing observed benefits and advantages of restorative justice are outweighing the insignificant harms caused by it. The said findings appeared from a research study conducted in Australia over the period of 1995 to 2000; known as the Re integrative Shaming Experiments (Ronken and Lincoln, n. d. , p. 3). The assessments integrated observations of the court and conferences proceedings, review of official data, and consultation with the victims after their cases were ordered.The assessment revealed: Firstly, the manners of intervention in restorative justice are organized affords much greater prospect for victims to know about the development of their cases than available when cases are processed all the way through the courts. In practice, victims are unusually told nothing concerning their case when they are not obliged to be witnesses. This inadequacy of communication was the particular greatest reason for victims’ dissatisfaction whose cases went to court.Secondly, a restorative justice encounter expectedly necessitates a high degree of participation by both offenders and victims. Victims stresses that personal delivery of justice is one of the advantages that they admire in restorative justice process that are not presented in the court. Thirdly, if emotional restitution is what victims’ value most for their mending, then restorative justice provides sufficient opportunity for the said restitution to take place. Fourthly, victims are more likely to acquire restitution through restorative justice as compared through the courts.Victims often obtained some other form of material reparation, such as service by the offender for the affected people or for the community. Lastly, 90 percent of victims who experienced restorative justice answered that they have been treated respectfully and justly in the resolution of their cases as they believed the meeting had taken account of what they alleged in deciding what should be done (Strang and Sherman, 2003, p. 35). Peacemaking Strategies Peacemaking strategies are holistic approach to crime and conflict and are used for centuries now in several countries.Peacemaking strategies deal with the fundamental causes of conflicts and violence. Th e approach considers the needs of offenders, victims, communities and families within a re-integrative framework. Peacemaking has a prospective to: assist adults and youth who come into dispute with the law; guarantee the development of responsible and healthy youth; support and recognize violence-free relationships; and increase the competence of communities to deal with social justice and criminal issues (Paiement, 2006, p.5). Feedback from those who experienced peacemaking process noted the educational nature of the strategy; that they were able to take part openly and usually remarked on an approval for the peace talking; the process is competent in dealing with the issues of the parties directly and helping the offenders be aware of the outcomes of their actions; and the parties of the process were often very emotional and the victim felt respected and honoured (Paiement, 2006, p.19). Shaming In the United States, most community registration and notification laws were enacted i n the early 1990’s instantaneously after the occurrence of several high profile cases on violent sexual acts. Currently, state-controlled or public domain notification comes in two fundamental forms. The first is the registration that brings about the reporting of the criminals to justice bureaus in order for the latter to keep an eye on criminals’ movements.The second form is termed â€Å"community notification. † It comes in a range of forms such as internet postings, news releases, community conferences and targeting specific local areas, organizations or groups to give advice to the population concerning discharged sex offenders. However, shaming through notification laws will not automatically provide justice to the victims or shield the community from sex offenders. There are several well acknowledged explanations for such a conclusion.The explanation includes: that the shaming approach may promote displacement; offer a false sense of protection; incorrect forms of insulting; are based on high-levels of recidivism; lead to more costly and weighty justice processes; and may aggravate vigilante attacks (Ronken and Lincoln, n. d. , p. 9). In the United States it is estimated that sex offenders’ population are already 250,000, with 60 percent released in the community. It is clear that every individual cannot be advised in relation to all possible offenders prowling in their community.The aforementioned facts suggest the inefficiency of notification laws as a useful alternative to the traditional justice system. Further, notification conveys a frustrating message to the victims as well as the community that the state is capable to notify them about offenders within their midst but can present no means to deal with the dilemma. On the other hand John Braithwaite’s â€Å"reintegrative shaming† theory aims to eliminate the shaming nature of long-established criminal justice process that communities and families employ i n reparation for the damages done to them.The concept is accomplished through a phrase of retrial for the offender’s act and a process of reintegrating the lawbreaker back into their society through acts of acceptance and forgiveness. Thus, if notification laws are steadily influenced in the principles of restorative justice, including reintegration and shaming, then there may be a decline in the level of re-offending and a greater sense of justice and fairness to the victims.

Friday, January 3, 2020

Essay on The Life of Author, Ernest Hemingway - 638 Words

The Life of Author, Ernest Hemingway Earnest Miller Hemingway was borin in Oak Park Illinois. After graduating from high school, he got a job at a paper called Kansas City Star. Hemingway continually tried to enter the military, but his defective eye, hindered this task. Hemingway had managed to get a job driving an American Red Cross ambulance. During this expedition, he was injured and hospitalized. Hemingway had an affinity for a particular nurse at that hospital, her name was Agnes von Kurowsky. Hemingway continually proposed to her, and she continually denied. When Hemingway healed his injuries, he moved back to Michigan, and had wanted to write again. Hemingway married Hadley Richardson and was working in France,†¦show more content†¦But, when his first marriage failed, and produced a son, John, he had married Pauline Pfeiffer, who had his next 2 children. Based in Paris, he had travelled for skiing, bullfighting, fishing, or hunting that by then had become what most of his work was all about. Hemingway, started writing short stories, among them was Men Without Women in 1927, and A Farewell to Arms in 1929. This story (A Farewell to Arms), shows a lovestory within a war time setting. Many people believe that Hemingway, did his writing at this period of his life. He once confessed If I had not been hunting and fishing, I would have probably been writing. (Hemingway 283 (3)). Hemingways stories were based on adventure, and different aspects of it. His love of spain, and his love of bullfighting, led him to write a book called Death in the Afternoon. During the 1930s, Spain was in a civil war, still having ties in Spain, Hemingway made 4 trips their. He raised money, for a party called the Loyalists. He wrote a book about it called The Fifth Column. In this book, the narrator is the protagonist. From more experience in spain, he wrote a book called Whom the Bell Tolls in 1940. This book was the most successful writing, based on sales of the book. All of Hemingways life, has been fascinated by wars. For example, in A Farewell to Arms, he focussed on how war had no meaning, and was futile. Following the war in Europe, Hemingway returned toShow MoreRelated Ernets Hemingway Essay example1287 Words   |  6 Pages Ernest Hemingway I.nbsp;nbsp;nbsp;nbsp;nbsp;Introduction to Ernest Hemingway II.nbsp;nbsp;nbsp;nbsp;nbsp;Life and Times A.nbsp;nbsp;nbsp;nbsp;nbsp;Early Life 1.nbsp;nbsp;nbsp;nbsp;nbsp;Birth 2.nbsp;nbsp;nbsp;nbsp;nbsp;Parents 3.nbsp;nbsp;nbsp;nbsp;nbsp;Influences 4.nbsp;nbsp;nbsp;nbsp;nbsp;Siblings 5.nbsp;nbsp;nbsp;nbsp;nbsp;Hobbies B.nbsp;nbsp;nbsp;nbsp;nbsp;Adulthood 1.nbsp;nbsp;nbsp;nbsp;nbsp;War 2.nbsp;nbsp;nbsp;nbsp;nbsp;Influences 3.nbsp;nbsp;nbsp;nbsp;nbsp;MarriageRead MoreResearch Paper On Ernest Hemingway1155 Words   |  5 PagesThe author I have chosen is Ernest Hemingway, who is one of the most celebrated authors of the 20th century. He was an American novelist, short story writer, and journalist. Hemingway wrote a variety of novels. My favorites are For Whom the Bell Tolls, written in 1940, A Farewell to Arms, written in 1929, and The Sun Also Rises, written in 1926. Most of Hemingway’s works are often criticized and considered sexist, but I believe that they give us a glimpse from a man’s perspective of what life wasRead MoreErnest Hemingway s Life As A Writer1074 Words   |  5 PagesErnest Miller Hemingway was born July 21, 1899 in Chicago, IL to Clarence and Grace Hill-Hemingway. Ernest’s parents were a physician and a musician, respectively, and were both well educated individuals who encouraged their children to follow in their footsteps educationally. Ernest Hemingway began his career as an author and journalist at the age of seventeen. Ernest took a high school course in Journalism taught by Fannie Biggs, which was taught, as though the classroom were a newspaper officeRead MoreErnest Hemingway s The Lost Generation885 Words   |  4 PagesErnest Hemingway was a famous modernist writer during the 20th century. Hemingway was part of what was known as â€Å"The Lost Generation† this name arose post-World War 1. The modernist movement was a drastic change in numerous things such as art and literature. Ernest contributed much to this movement with his literary works. World War 1 played a major role in not only modernism, but also Hemingway’s writing. Ernest Miller Hemingway was a modernist writer who took his experiences from World War 1 andRead MoreThe Life of Ernest Hemingway Essay1191 Words   |  5 PagesErnest Hemingway â€Å"But man is not made for defeat, he said. A man can be destroyed but not defeated.† (Hemingway, 29). This is one of the lines that Ernest Hemingway uses in one of his books, titled, â€Å"The Old Man and The Sea.† It was published in 1952, and was awarded the Pulitzer Prize the following year. The story of an old fishermans journey, his long and lonely struggle with a fish and the sea, was considered to be the most popular of all his works. Fortunately for this well-known author, heRead MoreResearch Paper On Ernest Hemingway1640 Words   |  7 Pagescom/plagiarism_checker/show_full/f9b44ec8d07565b Bella Calcara Mr. Balistreri Research Paper 15 September 2017 Ernest Hemingway Although Ernest Hemingway might be an older author, he has written some classic novels, such as The Old Man and the Sea and For Whom the Bell Tolls. This American short story writer and novelist was around years ago. Born in 1899, Ernest was raised by his parents, Clarence and Grace Hemingway. Growing up, Ernest and his parents loved to spend time away from their home in Chicago, Illinois. The familyRead MoreErnest Hemingway, a Legacy for American Literature1550 Words   |  7 PagesErnest Hemingway, A legacy for American Literature Some say that Hemingways personal life should disqualify him from the literature canon. They state that his torrent affairs, his alcoholism, and his mental state should preclude him from entry into the canon. These are the very things that help to make Hemingway a unique writer. Although his genre is fiction, he relies on his real life experiences with the people and places that he visited. The very definition of the literary canon disputes theseRead MoreA Farewell Of Arms By Ernest Hemingway1607 Words   |  7 Pages Ernest Hemingway s third novel a Farewell to arms was being created with his early experience with war. Just out of High school, E.Hemingway tried volunteering to fight in World War 1 but he was rejected by the U.S. military because of his poor eyesight. Instead he voluntarily enlisted in the Italian ambulance corps on the Italian front where he was injured by a mortar shell. While E.Hemingway was recovering he started to fall in love with a nurse named Agnes Von Kurowsky. She howeverRead MoreErnest Hemmingway: Shifting Gender Roles in The Sun Also Rises782 Words   |  3 PagesErnest Hemingway was born on July 21, 1899 in Chicago, Illinois. Hemingway was an American author and journalist. Kemen Zabala author of â€Å"HEMINGWAY: A STUDY IN GENDER AND SEXUALITY† states that Hemingway was commonly known for portraying the sterile and disillusioned environment created by the massive human loss of World War I. Perhaps his exposure to the atrocious nature of war as a Red Cross ambulance driver in the Europe during World War I aided and further influenced his literary capturing ofRead MoreThe Story Of The Lost Generation1661 Words   |  7 Pages Brodie Wiener PIB LA 10 Period 3 Hensley 3 April 2015 The Story of the Lost Generation Living an spontaneous, carefree life like the characters in The Sun Also Rises do sounds like fun but it isn t what it seems. Ernest Hemingway writes a piece of literature that when looked upon through a new historicist critical perspective exposes the underlying truth and an uglier reality that is normally suppressed presents itself. New historicist criticism in a nutshell is arguing that the literature is