Death in Dickinsons I heard a Fly Buzz When I died Essay

Death in Dickinsons I heard a fly buzz when I died Emily Dickinson’s poem â€Å"I heard a fly buzz when I died† is a reflection on what happens when one dies. In the poem, the speaker is waiting to die. It seems as though they are expecting something spectacular to happen at the moment of their death. This spectacular event they are expecting does not happen. I heard a fly buzz when I died By Emily Dickinson I heard a fly buzz when I died; The stillness round my form Was like the stillness in the air Between the heaves of storm. The eyes beside had wrung them dry. And breaths were gathering sure For that last onset, when the king Be witnessed in his power. I willed my keepsakes, signed away What portion of me I†¦show more content†¦This appears to be a reference to God, and they expect to see a display of God’s power as the speaker is brought into the hereafter. This is the only mention of the afterlife in the poem. Even this mention of the afterlife has more to do with the process of dying and being brought into heaven then what happens after death. The focus is not the unknown after death, but what happens as one dies. The event that everyone is waiting for is the death of the speaker. They want to see something amazing, and do not seem to concerned with what happens to the speaker after the passing. The speaker is preparing to die. The crowd is now ready to experience the grandeur the speaker thought would accompany death, but suddenly, a fly intervenes. This is a lead in to the next stanza, in which the fly interrupts the event the speaker is waiting for at the moment of their death. The speaker has almost ceremonially prepared for death. It seems as though nothing will go wrong and they will see the big even they have been waiting for, and suddenly a fly appears, spoiling the moment they hoped would come. The grand event that was expected to accompany death does not occur. The entrance of the fly with a â€Å"blue, uncertain, stumbling buzz† is all that accompanies the speaker’s death. It is not that the fly caused the speaker to miss the event of their death, there was no sight to see. The speaker believes that the fly’s brief buzzing may have caused them toShow MoreRelated The Reality of Death in Emily Dickinsons Poem, I Heard a Fly Buzz When I Died2683 Words   |  11 PagesI Heard a Fly Buzz – When I Died –, written by Emily Dickinson, is an interesting poem in which the poet deals with the subject of death in a doubtful yet both optimistic and pessimistic ways. The central theme of the poem is the doubtfulness and the reality of death. The poem is written in a very unique point of view; the narrator who is speaking is already dead. By using symbols, irony, oxymoron, imagery and punctuation, the poet greatly succeeds in showing the reality of d eath and her own doubtfulRead More Death in Emily Dickinsons Because I Could Not Stop for Death and I Heard a Fly Buzz When I Died965 Words   |  4 PagesDeath in Emily Dickinsons Because I Could Not Stop for Death and I Heard a Fly Buzz When I Died Emily Dickinsons two poems, Because I Could Not Stop For Death and I Heard A Fly Buzz-When I Died, revolve around one central theme, death. Though the two do centralize around the theme of death they both have slightly different messages or beliefs about what is to come after death. By discussing both of the poems and interpreting their meanings, the reader can gain a fuller understanding ofRead More Comparing and Contrasting Dickinson’s Poems, Because I Could Not Stop for Death and I Heard a Fly Buzz- When I Died833 Words   |  4 PagesComparing and Contrasting Dickinson’s Poems, Because I Could Not Stop for Death and I Heard a Fly Buzz - When I Died Emily Elizabeth Dickinson was born on 10th December, 1830, in the town of Amherst, Massachusetts. As a young child, she showed a bright intelligence, and was able to create many recognizable writings. Many close friends and relatives in Emily’s life were taken away from her by death. Living a life of simplicity and aloofness, she wrote poetry of great power: questioning the natureRead More Death in Emily Dickinsons Because I Could Not Stop for Death, I Heard A Fly Buzz-When I Died, and I Felt A Funeral In My Brain1449 Words   |  6 PagesDeath in Emily Dickinsons Because I Could Not Stop for Death, I Heard A Fly Buzz-When I Died, and I Felt A Funeral In My Brain Emily Dickinsons poems Because I Could Not Stop for Death, I Heard A Fly Buzz-When I Died, and I Felt A Funeral In My Brain all deal with one of lifes few certainties, death. Dickinsons intense curiosity towards mortality was present in much of her work, and is her legacy as a poet. Because I could Not Stop for Death is one of Emily Dickinsons Read MoreDeath s Shocking Truth By Emily Dickinson864 Words   |  4 Pagespoems â€Å"I heard a buzz when- I died† and â€Å"Because I could not stop for death†. In these two poems, Emily Dickinson, describes two very different death experiences. While doing so Dickinson describes what she believes death to be. The poem â€Å"I Heard a buzz when I died,† takes a rough route to death with an even rougher shock. The other poem â€Å"Because I could not stop for death,† takes a gentler route to death with a not so gentle shock. However out of these poems, â€Å"I heard a buzz - when I died, â€Å"receivesRead MoreAn Analysis of I Heard a Fly Buzz- When I Died and Jilting of Granny Weatherall1714 Words   |  7 Pagesprimarily to a future life after death but a transformation in this life of both ourselves and this world† (Peters, 845). Salvation is not only something that can be found af ter death; people can finds salvation at any point by deciding to make a transformation in their lives to better themselves as well as the world around them. However, most humans seek salvation to find solace in the critical moment of their death; individuals find comfort in the belief of life after death or an eternal sole. SeveralRead MoreEmily Dickinson : A Comparison Of Death791 Words   |  4 Pagestopic of death, which made it seem as if she had an almost morbid fascination with the subject. Her poems I heard a Fly buzz –when I died, and Because I could not stop for death— are some of the many poems that she wrote on this ghastly topic. Even though the poems are somewhat similar with the main focus being death from different viewpoints, I personally believe that I heard a Fly buzz—when I died was more of a powerful and impacting poem for various reasons. In Dickinsons Because I couldRead MoreEssay about Two Viewpoints of Death in Emily Dickinsons Poetry642 Words   |  3 PagesTwo of Emily Dickinson’s poems, â€Å"I heard a Fly buzz-when I died† and â€Å"Because I could not stop for Death† are both written about life’s stopping point, death. Although the poems are written by the same poet, both poems view death in a different manner. Between the two poems, one views death as having an everlasting life while the other anticipates everlasting life, only to realize it does not exist. While both poems are about death, both poems also illustrate that the outcome of death is a mysteriousRead MoreEmily Dickinson s I Heard A Fly Buzz When I Died846 Words   |  4 PagesElements of â€Å"I heard a Fly Buzz When I Died† In some instances within literature, writers surprise readers by incorporating ideas that the reader may or may not expect. Within Emily Dickinson’s poem â€Å"I heard a Fly Buzz When I Died†, readers are introduced to a ghostly speaker that discusses the scene of their deathbed. Readers are exposed to many surprises throughout various aspects of the poem. One aspect of the poem that surprises readers is the relationship between the speaker and the fly .The firstRead More An Annotation of Emily Dickinsons I Heard a Fly Buzz When I Died1091 Words   |  5 PagesAn Annotation of Emily Dickinsons I Heard a Fly Buzz When I Died Emily Dickinsons poem I Heard a Fly Buzz When I Died is centralized on the events of death and is spoken through the voice of the dying person. The poem explores both the meaning of life and death through the speaker and the significant incidents at the time of near death that the speaker notices. Many of Dickinsons poems contain a theme of death that searches to find meaning and the ability to cope with the inevitable. This

The Energy Crisis Of Oil Essay - 1320 Words

In order to fulfill his desires, man will abuse environmental supplies to a great extent, consequently indorsing his environment to lose its natural ability of supporting mankind. Our voracious craving for gnawing away at the Earth’s natural resources is growing prodigiously. Perhaps our most keen appetite is for oil, the blood of the earth. Similarly, to humans, when blood is removed from the body without being replaced, a treacherous situation surfaces. This situation currently deals directly with oil depletion. Oil is a standout amongst the most essential fuels available in today’s culture. It is a finite resource, incapable of being reproduced in human frames, however, mankind voluntarily ignores this information and continues to consumed it at an unstable acceleration. Peak oil has been looming on the horizon for decades. It is used to describe the global maximum in crude oil production which is predicted to occur in the near future. Once this maximum has been r eached, global oil production will begin to forever decline afterwards, leading the world into a catastrophic energy crunch that could cripple our economy. Oil will become more difficult to extract, therefore making it more expensive as nations compete for the declining supply. The failure of economies to adapt to the staggering cost of oil will eventually kill off every endeavor by the economy to develop, and cause semi-permanent depression. Unfortunately, individuals cannot simply suck oil out of the groundShow MoreRelated Modern Energy Crisis Cause by Oil Companies Essay855 Words   |  4 Pagesit seems that energy prices have skyrocketed. Not long ago gas prices were a dollar seventy-five, but now it is almost four dollars a gallon. These days gas and energy prices seem to be a weekly topic on local and national news. Every time there is some type of fluctuation, it causes chaos, because it is probably a difference of ten cents and sometimes more. So that raise you received, ju st throw it right out the window because it is not doing anything for you except paying your energy bills and puttingRead MoreOil Crisis : An Essential Element Of Our Modern Community1390 Words   |  6 PagesOil is an essential element to our modern community. People need oil to fill up their tanks for their car, light up their light bulbs at home, and much more. Most of the world’s oil have got imported from the Middle East, in Arab countries. The oil crisis has led America on the road of not depending on other countries imported goods, and try to create their own with their own resources, this is one reason why America is the top economy country in this world. In American history, Americans recognizeRead MoreEnergy Crisis Essay example1131 Words   |  5 PagesGLOBAL ENERGY CRISIS: THEN AND NOW Global Energy Crisis: Then and Now Introduction The world today faces an energy crisis. The world is dependent on certain natural resources like oil and natural gas that are quickly depleting. These resources are being imported from countries that have the ability to set higher prices due to demand (Nef 1977). Because of this, the world faces a great recession, and like Britain in the second half of the 16th century, we need to find alternative sourcesRead MoreUnited States Energy Crisis During 1970 Essay examples1271 Words   |  6 PagesThe energy crisis of the 1970’s caused authorities to search out other renewable sources of energy, which currently remain undeveloped and keep the U.S. today generally dependant on foreign fuel. According to Merriam Webster dictionary, a crisis is a â€Å"difficult or dangerous situation that needs serious attention.† The energy crisis of the 1970’s produced a backlash that affected much of the economy and spread fear and panic over the United States. Energy Crisis (1970’s) states that the crisis officiallyRead MoreThe International Energy Agency Is A Paris Based Autonomous Intergovernmental Organization1512 Words   |  7 Pages The International Energy Agency is a Paris-based autonomous intergovernmental organization, an international energy forum under the Organization for Economic Development and Cooperation (OECD) . Established in 1974, the IEA was developed by major oil-consuming nations as a response to the 1973-74 oil crisis, initially designed to help the country members coordinate a collective response to major oil supply disruptions – a role that continues to be fulfilled to this very day. Over time the IEA hasRead MoreGlobal Oil Crisis1508 Words   |  7 Pagestalk about world energy source issues, everyone shows concern because the oil prices are increasing all the time. In addition, energy sources are depleting and will be exhausted one day. This phenomenon is called â€Å"the global oil crisis†. According to a theory by King (1956), all nations around the world will face an oil production crisis following a bell shaped curve based on the limits of exploitability and market pressu re. Of course, not every nation will be faced with â€Å"Peak Oil†, it is based onRead More OPEC Power: Past And Present Essay1676 Words   |  7 Pages nbsp;nbsp;nbsp;nbsp;nbsp; In this paper, I am going to discuss how the oil cartel known as OPEC (Organization of Petroleum Exporting Countries) impacted the United States economy in the 1970’s, how the effects of this are still felt today, and how their power should continue to influence our thinking where foreign policy and energy policy are concerned. First I will explain what OPEC is, its history and how this concerns every citizen in the United States. Then I will discuss how leadersRead MoreThe Energy Crisis Of 19791422 Words   |  6 PagesEnergy is a daily consumption that everybody uses in their daily lives. As a nation, we as modern people in the United States rely heavily upon energy sources such as oil, wind, thermal, natural, solar, hydraulic, etc. During the 70s, energy was a booming industry that everybody wanted to be a part of. This industry affected people s way of living and everyday use of technology such as house appliances, automobiles, industry, and city power grids. During this era, an energy crisis occurred whichRead MoreOil And Natural Gas Is An Indispensable Part Of Human Beings1465 Words   |  6 Pa gesConventional oil has become an indispensable part of human beings’ life. Agriculture need oil, cooking needs oil, driving needs oil, producing products also needs oil, we need conventional oil for everything. However, since human beings did not fully consider the use of non-renewable, environmental damage of oil and the social costs, people are over-rely on oil and uncontrolled product and consume of oil has caused too many problems, for example, economic problems, environmental populations and militaryRead MoreThe Oil Crisis Of Arab Petroleum Exporting Countries926 Words   |  4 PagesThe 1973-1974 Oil Crisis was a result of a myriad of issues. The Organization of Arab Petroleum Exporting Countries (OAPEC) took concerted action in continuously reducing their oil production â€Å"until their economic and political objectives were achieved.† The production was reduced so much that in some areas the oil prices dramatically rose â€Å"six-fold.† The OAPEC coun tries production cuts disrupted the industrial countries’ necessary oil supplies and there was nothing that could be done to alleviate

Definition of Terms Free Essays

Definition of Terms Academic Performance- it is how the students cooperate/ perform in the school. – It measures students learning (grades etc. ) – Determines how the students are doing in their studies and classes. We will write a custom essay sample on Definition of Terms or any similar topic only for you Order Now Aggressiveness – effect of too much use of computer that may blur a child ability to distinguish real life from simulation. Computer- necessary for the development of the digital proficiency required of today’s citizen. – It serves as the sources of information and a system that support teaching. – Plays an important role in recreation or entertainment. Computer Skills- being knowledgeable about the computer and its application. – Ability to manipulate computers. Conceptual knowledge- includes the inner workings of a computer or general computer terminology. Internet- provides plenty of information that serves as a tool for a better performance in school. Depression- a mental state in which students are sad and feel that he/she cannot enjoy anything because of the unpleasant or difficult situation. Grades – one of the factors that determine the level and quality of students’ academic performance. Operational knowledge- refers to the necessary skills a user may acquires by means of training and practice in order to be able to operate specific systems to complete specific tasks. Punishment – used in eliminating or reducing incorrect actions followed by clarifying desired actions. Self-Efficacy – related to the self evaluation of the abilities for doing some specific tasks. Stimuli – a thing that may motivate the students to become computer literate and study more in school. Violent behavior – effect of too much exposure to computer wherein the students play games instead of studying. How to cite Definition of Terms, Essay examples

Netflix Financials free essay sample

The Evolution of the Netflix Empire Netflix has quickly become a household name by saturating the market with a new age way to rent movies. Established in 1998, Netflix geared its business to provide consumers with quick and easy access to their favorite movies without the need to leave their homes. As the business developed and other popular sites, such as YouTube, began to gain popularity Netflix entered the market of streaming online content. During the infancy of their instant service Netflix still relied heavily on mailing DVDs to offer their customers a wider range of movies and TV shows. However, as their steaming library grew the mindset of the company began to shift. As they transitioned away from their mailing movies, key business decisions were made that caused many to question the future of the company. The adaptation of Netflix into the era of instant movie viewing can best be described by analyzing the time period from 2010-2012. We will write a custom essay sample on Netflix Financials or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The â€Å"Video Store† Era From early 2010 to the close of the year, Netflix saw growth across many aspects of the company, including stock price, profit, and subscribers. As shown in the stock price graph below, Netflix’s per share value increased from approximately $53 to $175, an increase of more than 200%. This can be attributed to a growth in popularity as the company attracted nearly 8 million new subscribers, which led to $2. 1 billion in total revenue as seen on the income statement. Continuing with the same report, accounting for the cost of goods sold, Netflix had a gross profit of $805 million, leading to a net income of roughly $160 million. Looking at the statement of cash flows for the year, there are a few major components that stand out. Over the course of the year, they bought back about $90 million dollars worth of their own stock. This makes sense due to the large increase in price. It would have been a safe move to invest in themselves and keep their cash internal. This pairs with the investments section of roughly 30 million, substantially different have the coming years. These compared with the net income mentioned above led to a change in cash flow of $60 million, again less significant than in the coming years. From the balance sheet, total liabilities were $692 million. The largest portion of this was Current Content Liabilities ($169 million), or the money that they had to pay to copyright holders to have access to their products and long term debt ($200 million). Total shareholder equity was $290 million. Publicized changes that Netflix made during the year helped forecast the growth of the steaming content portion of the business. They began to move to a wider variety of media by offering their service through popular gaming consoles, like the Wii and PlayStation Network, and tablets, most notably the iPad. Also by expanding their territory to Canada, Netflix began to become a global company. In 2010 Netflix was able to ride the wave of your popular DVD rental business, which allowed them the opportunity to look at expanding and preparing their streaming content. Being the number one, and practically only key company in this market helped them become a thriving business. As other rental companies, such as Blockbuster, failed to adapt, they were forced to close stores leading to a higher demand for an easy way to rent movies. These numbers and the trend of the company would set the stage for a booming first half of 2011. Riding the Wave of Streaming Content Following the promising year Netflix had in 2010, the company was well situated to become a force to be reckoned with in the coming year. They did anything but disappoint, at least in the first two quarters that is. Netflix opened the first half of the 2011 with a strong presence. In the first quarter alone, Netflix added roughly 45. 5% to the number of subscribers they had gained in the entire year of 2010. This increased customer base could be attributed to the large investment the company had put into expanding their streaming content library. They had invested a total of $805 million in the first two quarters, which was approximately double the amount, $406 million, the company had invested in their streaming content the previous year. With Netflix thriving and gaining so many new customers while still investing so much into their streaming segment of the business, it would be expected that the company would also invest in their physical DVD content as well. However, this was not the case. In the first two quarters of 2011, Netflix had invested less and less, $22 million and $19 million, respectively, in their DVD content, compared to the $32 million the company had invested in the fourth quarter of 2010. Following the additions, or lack thereof, in their streaming and DVD content, Netflix had increased their cost of revenues in the first two quarters by roughly 129%, when compared to their average cost of revenues for 2010. However, with the increased customer base, resulting in increased revenue in each quarter of $719 million and $789 million, respectively, Netflix was still able to prove its dominance in their field by continuing to increase their net income in the first two quarters to both $60 million and $68 million, respectively. Netflix exhibited such promise coming out of a good year in 2010 and a strong first two quarters; Netflix was clearly taking a stance in the market as one of the only providers of its type. This was illustrated by the increased customer base as well as in the stock market. In the first half of 2011, the stock gained as much value ($125 per share) as it did in all of 2010. Again, this was predicated on the potential growth of revenues from streaming videos. Following such a strong opening, the financials during 2011 show that the company decided to focus on growing the streaming side of the business. Investment in the DVD library dropped by 30% while investment in the streaming library increased by 471%. This counterintuitive shift in focus for the company signaled that there was clearly more in store behind the scenes that would ultimately send shockwaves through the company that would be evident in the financial statements in the latter half of the year. One Fateful Decision The second half of 2011 was disastrous for Netflix’s stockholders. Through 2010 and the first half of 2011, Netflix invested nearly ten times more in streaming content than DVD content ($1. 2 billion vs. $165 million). This pattern of investment along with comments from the CEO, Reed Hastings, such as DVD by mail may not last forever, but we want it to last as long as possible† made Netflix’s growth plans clear. On July 12th 2011, Netflix publically confirmed these plans and announced that it would spin off the DVD rental into its own business, called Qwikster. Under the two company proposal, customers who wanted to be able to rent DVDs and have access to streaming video would need to subscribe to each service/company individually, with a related increase in cost. To say that customers were not pleased with this plan would be a significant understatement. The decision was a public relations nightmare and customers began deserting the company. By early October 2011, the stock price had dropped approximately $170 per share (to $130) and in mid-October, Netflix announced that it had lost 800,000 subscribers. Also in mid-October, Netflix announced the cancellation of the plans to spin off into two different companies, but the damage had been done. With the huge loss of subscribers and the corresponding loss of company reputation, future growth would take place at a much slower rate than initially anticipated. Since stock price is based off of future growth, it dropped 78% from a high of $299 per share at the start of July to $70 per share by the end of 2011, even though the company would have its best year ever in terms of retained earnings, operating income and stockholder equity. In 2011, retained earnings increased 78% (from $238 million to $423 million), operating income increased 32% (from $284 million to $376 million) and stockholder equity increased 122% (from $290 million to $642 million). It is worth noting that by the end of 2011, Netflix had replaced or won back 75% of the people that had left after the announcement, adding 600,000 subscribers in the fourth quarter and ending the year with a 25% increase in subscribers over 2010 (24. 4 million vs. 19. 5 million). It is also worth noting that in spite of the Qwikster set-back, Netflix continued to concentrate on increasing its streaming content library, investing $1. 5 billion into it in the second half of 2011 vs. $44 million invested in DVDs over the same period. The analysis of the 2011 financial statements yielded one more observation that is worth mentioning. Specifically, the exceptionally strong reported growth in stockholder equity was a little misleading. During the analysis, it was noted that about $200 million in new stock was issued. It seemed very unusual that a company experiencing the problems that Netflix was, would issue new stock for sale. Further digging into the company report, and comparison to the Statement of Cash Flows showed that at the end of 2011, the company discontinued the employee stock purchase plan (even though it had a year left). In the fourth quarter of 2011, all stock that remained in the plan (about $200 million dollars’ worth), was issued as a new public offering. Also in the fourth quarter of 2011, Netflix offered corporate bonds in the amount of $200 million and used these proceeds to buy all of the stock that was in the employee plan. It can be inferred that Netflix did this so as to not release new shares into the market and further dilute and decrease the value of shares that were already down. It is further assumed that Netflix borrowed the money (issuing bonds) because they felt that they could earn more interest investing the cash that they had elsewhere, than they would pay on the bonds. The end result is that the additional $200 million in borrowed money went into stockholder equity, i. . $200 million in new stock + $200 million in bonds $200 million to buy the new stock = $200 million in stockholder equity. However, this money will need to be repaid. If it was not included in the stockholder equity line, the increase would have been 52% instead of the actual 122%. The Recovery of the Comeback Kid In the first quarter of 2012, Netfl ix suffered its first quarterly loss in seven years ($4. 6 million). However, this was due to rising licensing fees and the bill for an international expansion, and the first-quarter setback was far smaller than analyst expected. And as the company’s subscriber growth accelerated during the first three months of the year, results were beginning to show signs that the company was recovering from the price-hike backlash. By the midway point of 2012, nearly a year after the price increase announcement, subscriber growth had returned, but the stock price remained below its peak price in 2011 of $299. Netflix and other investors had taken a very conservative approach; a â€Å"wait and see† attitude to gage how the future would unfold. And this cautious investing strategy remained up until the announcement of Netflix’s 2012 fourth quarter financial on January 23, 2013. After the announcement, investors were able to witness the company’s quarterly revenue, which was much higher than expected. Wall Street analysts projected revenues of $934 million for Q4 2012, and Netflix had announced previously that it was expecting a loss for the December quarter. However, Netflix outperformed the expectations of analysts with quarter revenues reaching $945 million. And even though the revenue growth declined from a year ago, the companys stock rose 42% on the first day after the announcement. Out-performance in the domestic and international streaming segments was the reason for the company exceeding forecasted totals. The company continued to increase its streaming capabilities, entering into an agreement with Walt Disney to stream 1st run animation and live action movies. Additionally, they increased their international presence, expanding into England, Ireland, Norway, Denmark, Sweden and Finland. Though recent results have instilled confidence in Netflix investors, it must be noted that the consequences of the decisions of 2011 were felt in 2012. Retained earnings increased 4% (from $422 million to $440 million) and stockholder equity increased 16% (from $643 mil to $745 million). Both indicators show growth, but at a much slower pace than previous years. And, more importantly, at a much slower pace than what is expected by investors. Further, the exercise of options by employees dropped 71% (from 0. 9 million to 0. 2 million) and the company did not buy back any stock even though it had funds set aside to do so. With all of this, the stock price, up until the Q4 announcement, remained essentially flat, trading in a range of $50 per share to $130 per share and eventually closing at $90 per share. Investors chose to wait to see if the customer base that had supported Netflix so strongly early on would come back. By adding nearly 10 million global streaming members in 2012, for a total of over 33 million global streaming members, Netflix ended the year with revenues of over $3. 6 billion. This result bested 2011’s annual revenue of $3. 2 billion, an increase of over 12%. However, the total net income for the year was only $17. 1 million, compared to $226 million in 2011. The decrease in net income was primarily due to a 29% increase in cost of revenues ($596 million), which composed mainly of licensing fees and streaming content obligations. From 2011 to 2012, the total amortization of streaming content library increased by $892 million, and was a major portion of Netflix’s 2012 cost of revenues. Because of the decrease in operating income; the earning per share, return on equity and return on assets, each decreased by over 90% from the previous year. But even with the company’s 2012 decrease in net income, the price to book ratio increase by 533% from 2011 to 2012, indicating that a higher earnings growth is expected in the future. Conclusion