In Depth Financial Analysis Of Morrisons And Asda Finance Essay

In Depth Financial Analysis Of Morrisons And Asda Finance Essay Financial analysis using ratios between key values help investors cope with the massive amount of numbers in company financial statements. For example, they can compute the percentage of net profit a company is generating on the funds it has deployed. All other things remaining the same, a company that earns a higher percentage of profit compared to other companies is a better investment option. It shows the relationship between profit investment e.g. return on investment, return on equity capital. Financial Ratios Can Measure Different Things. The Net Profit to Capital Employed ratio mentioned above measures the success of a company in using funds available to it. There are ratios to measure the companys: Financial health Operating performance Cash flows and liquidity Under each category, there are multiple ratios that measure different aspects, or fine tune the measurements. For example, different profitability ratios measure profit margins at different stages return on owners funds and effective tax burden. Ratio analysis Ratios express a mathematical relationship between two quantities taken from financial statements. The  study  and interpretation of the  relationships between various  financial  variables, by  investors  or lenders. A  tool to conduct a quantitative analysis of information  in a companys financial  statements. Ratios are  calculated from current year numbers and are then compared to previous years, other companies, the industry, or even the economy to judge the performance of the company.   Ratio analysis is predominately used by proponents of fundamental analysis. Methods of Ratio Analysis : There are two methods of Ratio Analysis : 1. Time Series analysis 2. Cross-sectional analysis Time- Series Ratio Analysis : Time-Series Ratio Anlysis evaluates performance over time. It allows to analyse trends over a number of years and to examine the way in which performance may have changed over time. For instance time series analysis can make by comparing any companys performance of for two or more years i.e. 2007 and 2008. Cross-sectional Ratio Analysis : Cross sectional Ratio Analysis allows for comparison with the industry average or with competitors at a single point in time. This comparison allows a judgement to be made about the firms position within the industry. For instance to make a comparison of any company performance against its rival (competitor) for the same year. e.g. Shall Companys ratios are compared with British Petroleum company.(both are in same industry and same business). Advantages of Ratios : The advantages of Ratios are as follow : Simplifies Financial Statements. Facilitates Inter-Firm Comparison. Helps in Planning. Helps in Investment Decisions. Limitations of Ratios : Ratios have some limitations as well which are mentioned below ! Limitations of Financial Statements Comparative Study Requires Ratio alone are not adequate Lack of adequate standards Limited uses of single ratios Personal Bias Types of Financial Ratios : There are different types of financial ratios used in carrying out financial analysis. These financial ratios are mentioned below :  · Liquidity Ratios  · Activity Ratios  · Solvency Ratios  · Profitability Ratios  · Market Ratios  · Cash Flow Ratios Defining Types of Financial Ratios : Liquidity Ratios : Liquidity ratios assess companys ability to pay off its  short-terms debts obligations.   Generally, the higher the value of the ratio, the  larger the margin of safety  that  the company possesses to cover short-term debts. A  companys  ability to turn short-term assets into cash to cover debts is of the utmost importance when creditors are seeking payment. Bankruptcy analysts and mortgage originators frequently use the  liquidity ratios to determine  whether a company will be able to continue as a going concern. Activity Ratios : Activity ratios are used to assess the effectiveness of management towards utilization for generation of sales/revenue. Let us know how current and fixed assets are efficiently used by company to generate sales. Also analyze the account receivable, payables and inventory roles towards of sales, purchase and cost of goods sold. Determine how quickly account receivables are recovered. Enable us to know duration in which company pays its payables. Inventory conversion period is also calculated under the head of activity ratio. Solvency Ratios :  · Solvency ratios are used to  measure a  companys  ability to meet long-term obligations. It provides a measurement of how likely a company will be to continue meeting its debt obligations. Acceptable solvency ratios will vary from  industry  to industry, but as a general rule of thumb, a solvency ratio of greater than 20% is considered financially healthy. Measures the percentage of total assets provided by creditors or how much debt is supported by assets. Shows ability of the company to cover its interest expenses Solvency ratios tell about the ratio between equity and total assets. Companys total assets are enough to meet its debt obligations These ratios also tell about ratio between debt and total assets. Also tell equity ratio in company And determine debt ratio in company. Profitability Ratios : Measure the ability of profit generations in company. Profitability Ratios are used to assess a businesss ability to generate  earnings as compared to  its expenses and other relevant costs incurred during a specific period of time. They are used to measure the overall effectiveness of management to produce the profitability of the company. For most of these ratios, having a higher value relative to a competitors ratio or the  same ratio from a previous period is indicative that the company is doing well. It is important to note that  a little bit of background knowledge is necessary in order to make  relevant comparisons when analyzing these ratios. For instances, some  industries experience seasonality in their operations. The retail industry, for example,  typically experiences higher  revenues and  earnings  for the Christmas season. Market Ratios :  · They are used to measure a companys standing and position in the market.  · These are considered to be the most important ratios for shareholders.  · They are important for potential investors. Cash Flow Ratios :  · Cash flow ratios are derived from cast flow statement.  · These are used to measure the three activities found in cash flow statement. ASDA ASDA launched an online retailer in 1998, but from the start had over estimated demand. It started off from a dedicated depot facility based in Croydon but was closed with a number of redundancies shortly after as sales were not as expected. It continued the online retailer service but copied the Tesco store based model instead. Wal-Marts corporate stance is anti union, which is refelcted in the stance of Asda. In 2006 A planned five-day strike by Asda warehouse staff was been called off, unions have confirmed. The action had been due to begin on June 30 after thousands of workers voted for industrial action in a dispute over pay and bargaining rights. The decision followed prolonged negotiations between unions and the supermarket chain at the TUC. Asda was about to seek an injunction to block the action, claiming irregularities in the strike ballot. In 2006 Supermarket giant Asda said they were to offer staff up to two weeks unpaid leave to go on a German jolly during the 2006 World Cup tournament. Its 150,000 workers were to be able to take one or two weeks off in the month starting on 9 June. Requests dealt with on a first come, first served basis depending on staffing needs at individual outlets. The first Act of The ASDA Story was set in the old Queens Theatre, Castleford, West Yorkshire in the early 60s. Its roots can be traced to two branches in twenties. The Asquith family had a family business, a butchers shop in Knottingley, W. Yorkshire. The business was eventually expanded to seven butcher shops. The two sons of W.R. Asquith, Peter and Fred were actively involved in the family business and were later to become co founders of ASDA. At the same period, in the 20s, a group of West Riding dairy farmers joined forces, as Hindells Dairy Farmers Ltd. These included the Stockdale family (A. Stockdale), and a subsidiary company, Craven Dairies Ltd, was formed. Through a process of acquisition and diversification, a new public company was formed in 1949 Associated Dairies Farm Stores Ltd. with Arthur Stockdale as Managing Director. During the 50s and early 60s Associated Dairies expanded the number of pork butchery shops and also created the fascia Craven Dairies for its cake shops and cafà ©s. The son of Arthur Stockdale, Noel, met and struck up an immediate rapport with the Asquith brothers and so became the other co-founder of the future ASDA. ASDA was founded in 1965 by farmers from Yorkshire. The name is a contraction of Associated Dairies. For a short time in the 80s Asda Stores Ltd was a subsidiary of ASDA-MFI plc follwing a merger between the companies. Other companies in the group were Associated Dairies Ltd, the furnture retailer MFI and Allied Carpets. After the sale of MFI and Allied the company name changed to ASDA Group plc. The dairy division was sold to Northern Foods plc. The company went through a troubled period in the early 90s, but was revived under the leadership of Archie Norman, who became a shadow cabinet Conservative MP. He was chairman of the company in 96-99. ASDA, which then owned 229 stores, was purchased by Wal-Mart of the USA, on July 26, 1999. Following the takeover by Wal-Mart, several Asda-Wal Mart Supercentres have opened, creating some of the largest hypermarkets in the UK. The first of these stores opened at Patchway, near Bristol, in August 2000. At first, it was criticised for its scale and condemned as an eye sore, but the format has now become extremely popular. In November 2004 a refurbishment of the hypermarket was completed, addressing some of the complaints. In March 2006, ASDA launched a format called ASDA Essentials in a former Co-op store in Northampton. With a focus on own brand products on a much smaller floorplate than ASDAs mainstream stores, the Essentials will only stock branded products are perceived to be at the core of a familys weekly shop. This is seen as ASDAs response to the increasing strength of Tesco and Sainsbury in the convenience store sector. If the trial is a success, it will be rolled out nationally. ASDA is expanding its range of services to include Financial Services sold in store and online. Products currently sold are Child Trust Funds and Credit Cards, Car Insurance Home Insurance, Travel Insurance, Life Insurance, Mortgage Life Insurance, Over 50s Life Cover, Pet Insurance. http://www.asdafinance.com In 2006 Supermarket chain Asda took Brazilian beef off its shelves after claims it could have come from areas where foot-and-mouth disease is rife. In 2006 Supermarket group Asda started selling property through stores. Shoppers were to be able to browse properties for sale via an in store computer terminal. People choosing to sell their homes through Asda will pay lower than average estate agency fees and receive a free Home Information Pack (HIP). The system will be trialled in 10 Asda stores in the Sunderland area during the summer but is planned to be rolled out across the UK by the end of the year. Asda has sponsor techniques the name has been put on the WRU Asda Leagues: the lower leagues of the rugby system. Morrison Morrison is a mainly food and grocery the weekly shop. Uniquely source and process most of the fresh food that we sell though own manufacturing facilities, giving us close control over provenance and quality; and have more people preparing more food in store than any other retailer. Every week nine million customers pass through our doors and 124,000 colleagues across the business work hard each day to deliver great service to them. With competitive prices and hundreds of special offers, we are proud to save our customers money every day. As the Food Specialist for Everyone, they are different from their competitors. Their expertise helps them deliver fresher food, which is also great value. Being closer to source, they understand where food comes from; and they can talk with authority to their customers about the provenance and freshness of their food offer. It is one of the countrys largest supermarket chains, offering a range of goods including both branded and own label products aim is to provide all our customers with the very best value for money wherever they live and uniquely, we have always charged the same prices in every one of our large stores. They view resource efficiency as integral to sustainability and delivering better value to our customers. They approach to CSR recognises both responsibility and opportunity, enabling us to make a difference in ways that are good for the environment and good for business. They have made considerable progress in meeting our challenging targets. Carbon emissions have been reduced by 56% better than they planned; theres much less waste going to landfill and they have cut packaging. They are also running their own farm, which is being used as a base for research projects looking at the sustainability of food supplies and the efficiency of agriculture. They research will provide benefits to their business  and will also strengthen our relationships with the farming community. Morrisons Fresh Food Academy offers training and progression for all their staff, providing them with the opportunity to grow from shop floor to top floor and means they can deliver more knowledgeable service to their customers. CSR is embedded into their operations and plans. They do not claim to have all the answers but aim to do all they can to make a real difference by being both practical and persistent.   Many of the issues they address are wide ranging, complex and sometimes very challenging. Solutions may develop over the long term and they can sometimes prove elusive for a variety of reasons, including cost effectiveness, practical application, or they lack direct benefits. However, many projects and initiatives have come to fruition successfully to deliver tangible results that are  making a real difference. They offer a number of useful services for your convenience, so you can save time and money while visiting them.  To find out when your local store is open, visit our store finder, type in your postcode and youll find all the information you need. Fill up at your convenience Stop by their petrol station to fill up and enjoy many other services like gas, a car wash and snacks for the road. Facilities for shoppers with disabilities They offer lots of services to our shoppers with additional needs, including dedicated parking, wheelchairs, staff assistance, seating and induction loops.   Take a break at our cafà © If you fancy a relaxing bite to eat, their cafà © serves freshly prepared meals to your table, from all-day breakfasts to hot puddings with custard as well as freshly ground coffee. Your one-stop medicine counter Get free advice on medicines and healthcare from their pharmacists no appointment necessary and why not have your prescriptions dispensed while you shop. Print your memories in store They offer quality photo processing in store, including digital and 1-hour photo printing services. Latest price Change Currency LSE code 277.50 -4.20 GBX MRW Last closing price 277.50  (23  Jul  2010 4:30pm ) Current share price information Bid 277.50 Ask 277.80 Day high 286.00 Day low 277.00 Year high 305.00 Year low 257.60 Day open 280.20 Day volume 10,130,828 On 11th March 2010 the Board comprised a Chairman, four Executive Directors and  six Non-Executive Directors. With the retirement of the Chairman and the planned recruitment of an additional Non-Executive Director, at least half of the Board will ultimately comprise of independent Non-Executive Directors. The Board is responsible for setting and approving the strategy and key policies of the Group, and for monitoring the progress towards achieving these objectives. It monitors financial performance, critical operational issues and risks. The Board also approves all circulars, listing particulars, resolutions and correspondence to the shareholders including the Annual Report, Half yearly financial report and Interim management statements. The Formal Schedule of Matters Reserved for the Board can be found in the Corporate Governance Compliance Statement. Committees of the Main Board The principal committees of the Board are the Audit, Remuneration,  Nomination and Corporate Compliance and Responsibility (CCR) Committees.  Ã‚  Ã‚  The composition and terms of reference of each of these Committees are set out in the Corporate Governance Compliance Statement. Internal control The Board is responsible for setting a system of internal control for the Group and reviewing its effectiveness. The control system is intended to manage rather than eliminate the risk of not meeting the Groups strategic objectives. Any such system can only provide reasonable, not absolute, assurance against material misstatement or loss. The Board is satisfied that a continual process for identifying, evaluating and managing significant risks has been in place for the financial year to 31 January 2010 and remains in place. Shareholder relations The CEO and the Group Finance Director meet regularly with analysts and institutional shareholders. The Investor Relations Director also maintains a programme of work that reports to the Board the requirements and information needs of institutional and major investors. This is part of the regular contact that the Group maintains with its institutional shareholders. All Directors, Executive and Non-Executive attend the AGM. The Chairs of the Audit, Nomination, Remuneration and CCR  Committees are available to answer any questions. Additionally, the Groups brokers sought independent feedback from investors following the Annual and Interim results in 2009. This feedback was reported to the Board. Liquidity Ratios (ASDA) : Ratio Name Answer Result Reason 2009 2008 Current Ratio 0.526 0.491 Favourable C. Assets increased more in proportion to C. liabilities Quick Ratio 0.282 0.252 Favourable More C. Assets in proportion to C. liabilities Absolute Quick Ratio 0.111 0.345 Unfavourable Stock and debtors increased, C. Assets decreased Working Capital ratio (958) (943 ) Unfavourable Lower proportion of Assets to Liabilities W.C. to C. Liabilities Ratio (0.473) ( 0.508 ) Favourable Assets increased Activity Ratios (ASDA): Ratio Name Answer Result Reason 2009 2008 Current Asset Turnover Ratio 13.628 14.251 Favourable Assets increased in 2009 Sales to Cash Ratio 44.428 67.900 Favourable Cash increased in 2009 Fixed Asset Turnover Ratio 2.029 1.928 Favourable The proportion of sales to fixed assets was a bit higher W. Capital Turnover Ratio (15.164) (13.752) Unfavourable Less working capital in 2009 Inventory Turnover Ratio 29.091 25.963 Favourable CGS increased in 2009 A. Receivable Turnover Ratio : 65.441 58.418 Favourable More sales in 2009 A. Payable Turnover Ratio 7.101 7.237 Unfavourable A. Payable increased in 2009 Average Collection Period Ratio 5.501 6.162 Favourable Higher A.Receivable turnover in 2009 Average Payment Period Ratio 50.704 49.792 Unfavourable A.Payable decreased in 2009 Solvency Ratios (ASDA): Ratio Name Answer Result Reason 2009 2008 Debt Ratio 0.450 0.426 Unfavourable Total Debt increased in 2009 Equity Ratio 0.306 0.573 Favourable T. Equity and T. Assets increased Debt to Equity Ratio 1.470 0.744 Unfavourable Total Equity decreased Debt Income Ratio 3.656 2.536 Unfavourable Long term debt increased, net income decreased Profitability Ratios (ASDA): Ratio Name Answer Result Reason 2009 2008 Gross Profit Ratio 6.284 6.307 Unfavourable Lower gross profit in proportion to sales in 2009 Net Profit Ratio 3.166 4.271 Unfavourable Lower net income in relation to sales in 2009 Return on Equity Ratio 18.253 12.654 Favourable Higher proportion of net profit to total equity Return of Total Assets Ratio 5.592 7.255 Unfavourable Lower net profit in proportion to total assets Return on Investment Ratio 7.416 9.579 Unfavourable Lower return on investment Morrison: Liquidity Ratio Ratio Name Year 2008 Year 2009 Result Reason Current Ratio Quick Ratio Absolute Quick Ratio Working Capital 0.48 0.22 0.32 947 0.52 0.30 0.42 958 Favourable Favourable Favourable Favourable Cash increased while liability decrease Cash increased while liability decrease Cash increased while liability decrease Cash increased while liability decrease Reason Liability increased while cash decrease Cash increased while liability decrease Cash increased while liability decrease Cash increased while liability decrease Reason Liability increased while cash decrease Liability increased while cash decrease Liability increased while cash decrease Activity Ratio Ratio Name Current Asset Turnover Ratio Fixed Asset Turnover Ratio Working Capital Ratio Inventory Turnover Ratio Solvency Ratio Ratio Name Debt Ratio Equity Ratio Debt to equity Ratio Year 14.31 1.92 13.6 27.4 Year 0.42 0.57 0.74 Year 13.62 2.0 15.1 28 Year 0.45 0.54 0.81 Result Unfavourable Favourable Favourable Favourable Result Unfavourable Unfavourable Unfavourable Profitability Ratio Ratio Name Gross Profit Ratio Operating Profit Ratio Net Profit Ratio Operating Ratio Year 6.30 % 4.7 % 4.2 % 95.7 % Year 6.28 % 4.6 % 3.1 % 95.6 % Result Unfavourable Unfavourable Unfavourable Favourable Reason Liability increased while cash decrease Liability increased while cash decrease Liability increased while cash decrease Cash increased while liability decrease Market Ratio Earning Per Share Dividend Pay out Ratio Cash flow Ratios Cash flow Operation to Net Income Cash flow from investing to Operation Financing Year 20.7 0.23 Year 1.04 0.25 Year 17.39 0.33 Year 1.71 0.75 Result Unfavourable Favourable Result Favourable Favourable Reason Liability increased while cash decrease Cash increased while liability decrease Reason Business has excess cash Business has excess cash Cash flow from Sales to Total Sales Cash flow to Long Term Debt Operations Cash flow to Current Liabilities Cash Dividend Coverage Ratio 0.044 0.90 0.31 120.6 0.053 0.86 0.38 136.2 Business has excess cash Business has Cash flow Problem Business has excess cash Business has excess cash Regression Line: Year (Sales) X (Asda) y (Morrison) xy (x)^2 (y)^2 Y2007 14856 12115 179980440 220700736 146773225 Y2008 12969 12462 161619678 168194961 155301444 Y2009 14528 12969 188413632 211062784 168194961 Y2010 15180 14528 220535040 230432400 211062784 = 57533 = 52074 = 750548790 = 830390881 = 681332414 B = 4 (750548790) (57533) (52074) 4 (830390881) (57533)^2 B = 3002195160 2995973442 3321563524 3310046089 B = 6221718 11517435 B = 0.54 A = Y 0.54X A = 18145.75 0.54 X A = 18145.75 (0.54) (57533) A = 18145.75 31067.82 A = 12922.1 Y = 12922.1 + 0.54 X Correlation Co-efficient of Correlation: R = 4(750548790 ) (57533) (52074) [4(830390881) (57533)^2 ] [ 4 (681332414) (52074)^2 R = 3002195160 2995973442 [ 3321563524 3310046089 ] [2725329656 2711701476 R = 3002195160 ( 11517435 ) (13628180) R = 3002195160 156961677318300 Time Series Analysis: ASDA : Year Sale 3 point total 3 point moving average Variation 2006 14756 2007 14856 42581 14193.67 662.33 2008 12969 42353 14117.67 -1148.67 2009 14528 42677 14225.67 302.33 2010 15180 Morrison Year Sale 3 point total 3 point moving average Variation 2006 12115 2007 12462 37546 12515.33 53.33 2008 12969 39959 13319.66 350.66 2009 14528 42907 14302.33 225.67 2010 15410 Task: 3 Table presents annual net income and net cash flow figures for three projects A, B C. Initial investment for all three projects is same  £98,500. Year Project A Project B Project C NI NCF NI NCF NI NCF 0 (98500) (98500) (98500) 1 7500 24750 16450 45000 24500 44300 2 95000 31000 17650 52000 30500 39200 3 14750 34000 17950 59250 19000 39000 4 21250 40250 2400 5000 13000 31250 5 24950 44500 5000 24200 (1) Calculate ARR (Accounting Rate of Return) by selecting the required rate of return. (a)Project A (b)Project B (c)Project C (2) Calculating payback periods for A, B C projects. Solution: (a) Project A Year Cash flow Net Cash flow 0 (98500) (98500) 1 24750 (73750) 2 31000 (42750) 3 34000 (8750) 4 40250 31500 5 44500 76000 Pay back Period project A = 3.22 year (b) Project B Year Cash flow Net Cash flow 0 (98500)

Comedy Film Wanda

The film A Fish Called Wanda is on the AFI†s (American Film Institute) Greatest 100 Comedies list. Although this film features talented actors like John Cleese and Jamie Lee Curtis, Kevin Kline easily steals the show. Kline gives a brilliant performance as the pseudo-intellectual Otto. What makes Kline so remarkable is the way that he moves and makes his character dance across the screen. Right from the outset, in one of the film†s first scene, we see that Kline†s Otto is no normal jewel thief. Even though Otto is supposed to be working under the guise that he is Wanda†s (Jamie Lee Curtis) sister, he quickly gives her breast a squeeze in full view of Ken, one of the other robbers. What makes this movement work comically is that Kline does it so lightening fast and that if you blinked you might miss it. He has such control over his arm that he is able to extend it, and withdraw it in a matter of maybe a second. This allows for the suspended disbelief that Ken does not see him do it. Another movement that Kline makes also speaks volumes about his body control. Otto and Wanda are together in what I take to be Otto†s quarters. They are speaking excitedly about something and he leaps into the air, grabs a pipe that is suspended from the ceiling, lifts himself completely off the ground and sails on to the bed with the grace of a ballerina. This is so interesting because Kline†s Otto is supposed to a be a vulgar American bank robber. His graceful movement is evidenced again when Otto and Wanda go to the garage to claim the jewels the stole from a safe. Otto is angered by the fact that the jewels are not there. He goes over to kick a car out of anger. Rather then just kicking the tire, or burying his foot into the car door, Kline leaps into up and kicks the car twice while he is in the air. He takes what is just a simple movement and makes into something much more. While Kevin Kline is not a big man in stature and he does not look physically intimidating, or especially strong, he shows us the contrary. In one scene, he grabs Wanda by the back of her head and tosses her onto a bed like she was a rag doll. In another scene, in a jealous rage, Otto breaks into the Cabin that Archie (John Cleese) and Wanda are in. He overhears the two of them making fun of him. Otto hates to be called stupid or insulted. When Archi refuses to apologize and take back his insults, Otto takes Archie, who is a much bigger man, and dangles him by the feet out the window until he says he is sorry. While we do not see how Otto gets Archie into the position of hanging out the window, we assume that he quickly and decisively over powered him. Towards the middle of the film, we see Kline†s Otto in front of a mirror with a katana blade. It appears that he is practicing ninjitsu. This makes it plausible for us an audience to believe he has the cat-like quiet skills to be able to sneak into Archie†s house without being heard. Another example he shows of this type of body control is when angered Wanda, he grabs an 8Ãâ€"10 photo of her and punches through it without hurting his hand. We also see him practicing a Buddhist meditation technique that he says he uses for anger management. Something I find personally fascinating about Kline as an actor is the way he seems to be so centered. There is such cleanliness and crispness to all his movements, he speaks very clearly with his body. This control allows him to slip into all sorts of different characters in the movie. He very plausibly becomes a CIA agent, a homosexual, and speaks jibberish Italian, all in his attempts to seem an intellectual. Kline shows the control of an acrobat. When he goes try to Archie, he does a quick, clean backwards somersault and leap into a stride. Movement like this is so rare in film because subtly is needed in close-ups. You can read all you would want to know about Otto by the way he moves. He is someone who wants very badly to be smart. He reads Nitzche, but as Wanda says he â€Å"Doesn†t get it†. He can take control over almost any situation with his body because he is so centered. It†s this control that makes his performance so fun to watch.vJustin Issa The film A Fish Called Wanda is on the AFI†s (American Film Institute) Greatest 100 Comedies list. Although this film features talented actors like John Cleese and Jamie Lee Curtis, Kevin Kline easily steals the show. Kline gives a brilliant performance as the pseudo-intellectual Otto. What makes Kline so remarkable is the way that he moves and makes his character dance across the screen. Right from the outset, in one of the film†s first scene, we see that Kline†s Otto is no normal jewel thief. Even though Otto is supposed to be working under the guise that he is Wanda†s (Jamie Lee Curtis) sister, he quickly gives her breast a squeeze in full view of Ken, one of the other robbers. What makes this movement work comically is that Kline does it so lightening fast and that if you blinked you might miss it. He has such control over his arm that he is able to extend it, and withdraw it in a matter of maybe a second. This allows for the suspended disbelief that Ken does not see him do it. Another movement that Kline makes also speaks volumes about his body control. Otto and Wanda are together in what I take to be Otto†s quarters. They are speaking excitedly about something and he leaps into the air, grabs a pipe that is suspended from the ceiling, lifts himself completely off the ground and sails on to the bed with the grace of a ballerina. This is so interesting because Kline†s Otto is supposed to a be a vulgar American bank robber. His graceful movement is evidenced again when Otto and Wanda go to the garage to claim the jewels the stole from a safe. Otto is angered by the fact that the jewels are not there. He goes over to kick a car out of anger. Rather then just kicking the tire, or burying his foot into the car door, Kline leaps into up and kicks the car twice while he is in the air. He takes what is just a simple movement and makes into something much more. While Kevin Kline is not a big man in stature and he does not look physically intimidating, or especially strong, he shows us the contrary. In one scene, he grabs Wanda by the back of her head and tosses her onto a bed like she was a rag doll. In another scene, in a jealous rage, Otto breaks into the Cabin that Archie (John Cleese) and Wanda are in. He overhears the two of them making fun of him. Otto hates to be called stupid or insulted. When Archi refuses to apologize and take back his insults, Otto takes Archie, who is a much bigger man, and dangles him by the feet out the window until he says he is sorry. While we do not see how Otto gets Archie into the position of hanging out the window, we assume that he quickly and decisively over powered him. Towards the middle of the film, we see Kline†s Otto in front of a mirror with a katana blade. It appears that he is practicing ninjitsu. This makes it plausible for us an audience to believe he has the cat-like quiet skills to be able to sneak into Archie†s house without being heard. Another example he shows of this type of body control is when angered Wanda, he grabs an 8Ãâ€"10 photo of her and punches through it without hurting his hand. We also see him practicing a Buddhist meditation technique that he says he uses for anger management. Something I find personally fascinating about Kline as an actor is the way he seems to be so centered. There is such cleanliness and crispness to all his movements, he speaks very clearly with his body. This control allows him to slip into all sorts of different characters in the movie. He very plausibly becomes a CIA agent, a homosexual, and speaks jibberish Italian, all in his attempts to seem an intellectual. Kline shows the control of an acrobat. When he goes try to Archie, he does a quick, clean backwards somersault and leap into a stride. Movement like this is so rare in film because subtly is needed in close-ups. You can read all you would want to know about Otto by the way he moves. He is someone who wants very badly to be smart. He reads Nitzche, but as Wanda says he â€Å"Doesn†t get it†. He can take control over almost any situation with his body because he is so centered. It†s this control that makes his performance so fun to watch.

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Love Marriage Is Better Than Arrange Marriage - 775 Words

Love Marriage is Better Than Arrange Marriage. Just as we all know, life is not a bed of roses. Things do not work as smoothly as we expect them to. Sometime, we often change ways, make compromises, stand stubbornly and let things fall apart. Marriage is the most beautiful relationship that happens to everyone at some point of time. Life is the way we make it to be. Peoples get married because they love each other. They want each of them close for the rest of their life. Due to this statement, love marriage is better than arrange marriage. How can you give a full of commitment to spending the rest of your life with someone who you do not even know? Besides, if you have an arrange marriage, it means that you are getting married just for†¦show more content†¦This helps them to develop a good comfort level after marriage smoothly. On the other hand, if two people do not know each other, when their marriage are arrange by their parents, they might take some more time to develop a level of comfort and understanding after marriage. Here, we can see how love marriage is better than arrange marriage. There are times when couples in cases of love marriage are fighting with each other and get into problems. Who’s on earth are have no problems at all? It is normal when a couple get in to problems. It just on how they are trying to settle down the problem. A few persons who experience arrange marriage can be done if the groom and the bride accept that they like each other. But in some cases, they do not like each other but the parents force them to marry the person the parents choose for them. Not like love marriage, they will live happily as they love each other and they have your best interest at heart. When marriages are arranged by elders or parents, this does not encourage spouse to make up their own mind about who to marry. Instead of dating and meeting people and comparing them against someone’s ideals, they leave that part of the work to someone else they even do not know at all. Should either spouse end up unhappy after being married a few years? It can be a very tempting to blame parents for making an unsuitable choice if it is going unwell. Thus, it’s proven that loveShow MoreRelatedA Midsummer Night s Dream By William Shakespeare1026 Words   |  5 Pagesarranged marriages were the norm in several societies. In the comedy, A Midsummer Night’s Dream by William Shakespeare, Hermia is in love with Lysander, but her father wants her to marry Demetrius. She escapes into the woods with Lysander. Just like Hermia, many people around the world are forced to marry someone that their parents choose for them. Love marriage vs. Arranged marriage is always a debat ed topic. While there are instances of love marriages working out, there are arranged marriages whichRead MoreEssay about Marital Differences between India and the United States1132 Words   |  5 Pagesmarriages that occur in India and the United States have several dramatic differences. Marriages in India are based solely on parental decisions, whereas in the United States a marriage is based on individualism. Who, why and how the spouse is chosen, is very different in both countries. Most Americans date to discover who their future spouse is going to be, and they know the person very well before marriage. In India, dating is not something that occurs. Most individuals in India do not have anyRead MoreThe Marriage Of Marriage And Marriage1599 Words   |  7 Pagesvaccinations, abortion and marriages. One topic that has been of controversy and is viewed differently in many countries is marriage and whether or not arranged marriages are better than love marriages. There are severa l different reasons why people in India believe that arranged marriages are the best; likewise, people in Western countries such as the United States believe that love marriages are best. Most westerners have a misconception on arranged marriages. An arranged marriage is a marital union whereRead MoreEssay On Arranged Marriage1339 Words   |  6 Pages Marriage is considered to be an institution in which people commit to spend a lifetime together. People across the world can seek love through arranged marriages or through love marriages but the concept of spending a lifetime with your companion remains the same in each. There are different customs and traditions that are followed in different societal set-ups. For instance, arranged marriages is a common practice done in Japan. Parents feel as if their child have no consent in deciding who theyRead MoreA Study On Arranged Marriages1715 Words   |  7 PagesBerger Research Paper Core 7 Arranged Marriages Cultures and countries around the world have differing views on many topics such as whether or not babies should be baptized, vaccinations, abortion and marriages. One topic that has been of controversy and is viewed differently in many countries is marriage and whether or not arranged marriages are better than love marriages. There are several different reasons why people in India believe that arranged marriages are the best; likewise, people in WesternRead MoreArranged Marriage vs Love Marriage1619 Words   |  7 PagesArgumentative Essay Arranged Marriage Vs Love Marriage Marriage is a relationship that bind of a spouse in formal event and registered by law as to declare a husband and wife. Marriage is key to form a family into larger as a basic unit in social system. Marriage also bind of the emotional relationship where both spouse are sharing their life together as to form a family. It is the joining  of two people in a bond that putatively lasts until death,  but unfortunately in a real life is increasinglyRead MoreArgumentative Essay On Arranged Marriage1347 Words   |  6 PagesArranged Marriages â€Å"I didnt want to disappear into a forced marriage. I wanted my freedom†-Sabatina James. One of today’s societal norms is having the choice to marry who you desire. The long-age tradition of having arranged marriages in other countries and even in cultures in America today, arranged marriages have different meanings and circumstances. Some countries like China and India have modernized their tradition of arranging marriages, while other countries still use arranged marriages forRead MoreThe Mango Season By Amelia Malladi1249 Words   |  5 Pagesarticles I learned that arranged marriage is something that is still common in modern day and age. In this paper we will address arranged marriage portrayed in the book, arranged marriages in the news, how they related to traditional practices and lastly the conflict between the traditional practice and modern day. Arranged marriages are a process not throughly understood by western cultures but greatly encouraged by easte rn cultures and religions. Arranged marriages are also often portrayed differentlyRead MoreArranged Marriage vs. Free-choice Marriage Faizan Sadiq1614 Words   |  7 PagesArranged Marriage vs. Free-choice MarriageHappy marriages begin when we marry the ones we love, and they blossom when we love the ones we marry (Tom Mullen, 2005, p.1). It is argued that free-choice marriages based on love or romance, offer more independence and freedom as compared to arranged marriages where the man and woman are chosen by the parents and so there is pressure and is not so suitable and independent. However, no marriage is necessarily an ideal sort of marriage. Therefore, it becomesRead MoreMy Religion Is Islam And Because Of Islam988 Words   |  4 Pagesbeliefs are listed such as arrange marriages, living a life with a family, praying, respecting the elders, giving importance to the poor people and orphans, clothing for women and men. I live in a country of Pakistan. And we have an Islamic religion. We usually do arrange marriages. The marriage happened in the presence of the elders. They fix the date and meet with each other family. Then they exchange gifts and sweets with each other. They make arrangements of marriage by fixing the date. The groom