Analysis of Satans Speech in in John Miltons Paradise Lost

Analysis of Satan's Speech in Milton's Paradise Lost      Ã‚  Ã‚   John Milton's Paradise Lost is a work of enduring charm and value because of its theological conceptions, its beautiful language, and its "updating" of the epic to the modern world's values. Book II of this epic poem opens with Satan's speech to his minions in hell, proposing war on Heaven itself. In these first 44 lines, Satan is clearly established as epic hero, but at the same time is theologically/morally denounced by the speaker.    This section of the poem opens by establishing Satan's position of power and prestige:    High on a throne of royal state, which far Outshone the wealth of Ormus and of Ind, Or where the gorgeous East with richest hand Show'rs on her kings barbaric pearl and gold, Satan exalted sat, (II. 1-5).    These lines create an aura of awe and majesty for Satan, showing his glory and splendor through material things, while at the same time inferring indirectly that this material show is all that Satan has, rather than real power or value.    After this portrayal of Satan the epic hero in all his magnificence, the speaker (the heavenly muse) is very careful to bring down his image morally, despite the magnificent outward experience. The muse asserts that,    by merit raised To that bad eminence; and from despair Thus high uplifted beyond hope, aspires Beyond thus high, insatiate to pursue Vain war with Heav'n, and by success untaught His proud imaginations thus displayed, (II. 5-10).    The muse is very careful to remind the reader that Satan is in a high position because of his greed, and the high position he has obtained is not a good position t... ...son who uses elevated language well. The speaker's voice is brought forth showing that despite Satan's slick moves, he is the villain, but the reader still feels sympathy for Satan. The speech is a moving one, and certainly accomplishes the task of motivating the denizens of Hell to move against Heaven. It fits the framework of the poem perfectly, showing not only the theological goals of the poem, but also the desire of the poem to "mock" the traditional epic, and to provide a literary work of great beauty and power.    Sources    Fox, Robert C. "The Allegory of Sin and Death in Paradise Lost." Modern Language Quarterly 24 (1963): 354-64. Lewis, C. S. A Preface to Paradise Lost. Rpt. New York: Oxford UP, 1979. Milton, John. Paradise Lost. In John Milton: Complete Poems and Major Prose. Ed. Merritt Y. Hughes. Indianapolis: Odyssey, 1980.

Theories of Leadership and Motivation

Introduction:Leadership is the character which every administration wants to see in their staff and the individual who is self motivated and who can actuate the squad members become a good director. Leadership is nil but animating the squad leader is the 1 who does it, inspiration is nil but motive. So leading and motive is a chemical science which can take any hard undertaking to success. The leading and motive chemical science is largely helpful in direction sector whether it is in concern or in the squad ; every person posse ‘s leading but the 1 who patterns on the spell go a perfect leader. The chief facet a leader consists is a vision for the certain intent. When a undertaking or undertaking is taken over by a company the company searches for a leader who posses cognition on the undertaking and vision how to develop the undertaking, make usage of co-workers and give the administration a net income on it. A leader tends to act upon the undertaking to be continued and alter to be taken topographic point to do the administration profitable. There are several theories on leading by great leaders some of them say that â€Å" leading is an action non place or individual † . These theories help to fix a perfect leader, all these theories are proposed and practiced by great leaders and directors but latest direction considers a leader who follows his function.Leadership theories:Sing leading reveals school of idea giving different leading theories such as Great Man theory, trait theory, behaviorist theory, situational leading theory, eventuality theory, transactional theory and transformational theory. Great adult male theory is the 1 proposed before 20th century where it says that leaders are born with the endowment and leader should be a adult male this lead to the following theory trait theory.Trait theory:The trait theory rose from the constructs of the ‘Great Man ‘approach. This theory leads to place the of import features of a successful leader. The people who got the characters as defined by the traits attack are isolated or shortlisted and those are recruited as leaders. This type of attack was largely implemented in military and still used in some of the country. Harmonizing to the trait theory the individual who got the undermentioned accomplishments is said to be a trait.Ambitious and success orientedAdaptable to all sorts of state of affairssCo operative to all the members in the organisationHighly active or energeticDominativeGood determination devising abilitySelf-assuredAdaptable to emphasize conditions andReliable.These are the characters which make a individual trait and they should posses some accomplishments which areSkillsIntelligentSkilled conceptuallyCreativeFluent in speech productionTactfulSelf motivated and self beliefSkilled sociallyWhen these sorts of accomplishments and characters are identified in the individual, the individual is recruited in the squad.Behavioral theory:The trait survey does n't give any conclusive consequences and it was difficult to mensurate some more critical issues such as honestness, unity and trueness. This leaded the attending to be diverted on to the behavior theories. The behavior theory focuses on human relationship and success public presentation every bit good. Harmonizing to behavioral theory the director believes that the working environment should be like an amusement topographic point where the outgo of mental and physical attempts is treated to be drama and remainder. The thought of director is an mean individual non merely learns to accept but besides seek duty. The people will automatically larn to exert self-denial and self way to accomplish the end or mark. The organisational jobs can go inventive and originative.Contingency theory theoretical account:This theory illustrates that there are many ways for the director to take the squad to acquire best result. Harmonizing to the state of affairs the director can happen a best manner to acquire the best result. Fiedler worked on eventuality theory harmonizing to that he looked for three state of affairss which define the status of a managerial undertaking.Leader and squad member relationshipWork construction or undertaking constructionPosition and powerThe director should keep relation with their squad members to acquire along and make assurance and do them experience free to believe about the undertaking and give their thoughts to assist the undertaking to be finished. Undertaking construction is the occupation extremely structured or unstructured or in between. The power shows how much authorization a director does posses. This theory rates the director whether the trough is relationship oriented or undertaking oriented. The undertaking oriented directors gets success in such state of affairss where there is good leader and squad member relationship and structured undertakings or undertakings does n't count whether the place power is weak or strong. And acquire success when the undertaking is unstructured and does hold any kind of good vision by holding a strong power and place. The variables which affect the undertaking such as environmental variables are combined in a heavy some and differentiated as favorable and unfavorable state of affairss. The undertaking oriented direction manner depends on the favorable and unfavorable environment variables but the relationship direction manner stays in the center by pull offing or altering the variables to roll up with their manner. Both manners of directions got their sides to be good when all the public presentation and squad work good in the undertakings. There is no good or bad direction in these two directions. Task motivated direction manner leaders do best when the squad performs good and they are good in accomplishing good gross revenues record and public presentation better than their rival where as the relationship oriented leaders are helpful to derive positive client service and construct a positive image to the administration.Transactional and transformational leading:Transformational leading â€Å" is a relationship of common simulation and lift that converts the followings in to leaders and may change over leaders into moral agents † Transformational leading is pass oning with the leaders and the squad members to take them to higher degree something like a leader can go a moral agent and the follower can go a leader. Transactional leading technique builds the individual to complete the certain undertaking such as occupation done for the clip being. Some of the differences between transactional and transformational leading are Transactional manner of leading builds a adult male to finish a certain undertaking where as transformational manners builds a member to go a leader. This focuses on undertaking completion and tactical manner of direction where as transformational leading focal point on schemes and missions. These are some theories of the leading which shows how a leader act on different state of affairss and how different leaders behave to acquire success in the organisation.Motivation in Management:Theories of motive:The theories of motive can be divided into 3 wide classs. Reinforcement theories – stress the agencies through which the procedure of commanding an person ‘s behaviour by pull stringsing its effects takes topographic point . . Contented theories – focal point chiefly on single demands – the physiological or psychological lacks that we feel a irresistible impulse to cut down or extinguish. Procedure theories – focal point on the idea or cognitive procedures that take topographic point within the heads of people and that control their behaviour.Early Theories of Motivation:Hierarchy of Needs TheoryTheory X and Theory YMotivation-Hygiene TheoryContemporary Theories of Motivation:ERG TheoryMcClelland ‘s Theory of NeedsCognitive Evaluation TheoryUndertaking Features TheoriesGoal-Setting TheoryEquity TheoryHierarchy of Needs Theory:Abraham Maslow hypothesized that within every human being there exists a hierarchy of five demands:Physiological.Safety.Social.Esteem.Self-actualization.Maslow so categorized these 5 demands into lower-order demands and higher-order needs.Lower-order demands are needs that are satisfied externally: physiological and safety needs.Higher-order demands are needs that are satisfied internally ( within the individual ) : societal, esteem, and self-actualization demands.Theory X and Theory Y of Douglas McGrogor:McGregor concluded that a di rector ‘s vision of the nature of human existences is based on a certain blend of premises and that he or she tends to model his or her actions toward subsidiaries harmonizing to these premises:Employees of course dislike work and, whenever possible, will try to avoid itSince employees dislike work, they must be coerced, controlled, or threatened with penalty to accomplish endsEmployees will avoid duties and seek formal way whenever possibleMotivation-hygiene Theory:Harmonizing to Herzberg, the factors taking to occupation satisfaction are spliting and distinguishable from those that leads to occupation dissatisfaction. Hygiene factors include factors such as: company policy and disposal, supervising, interpersonal dealingss, working conditions, and salary. Motivator factors include factors such as: attainment, acknowledgment, the work itself, duty and growing.Hygiene FactorsCompany regulation and direction ;Supervision ;association with supervisor ;Work fortunes ;Salary ;Rela tionship with equals ;Personal life ;association with subsidiaries ;Status ;SafetyIncentive Factors:attainmentrecognition ;Work itself ;Duty ;patterned advance ;GrowthContemporary Theories of Motivation:ERG Theory:ERG Theory proposed by Clayton Alderfer of Yale University: Alderfer fights that there are three groups of nucleus demands:BeingRelatednessGrowthExistence group is worried with supplying our basic stuff being demands. Relatedness group is the desire we have for keeping of import interpersonal relationshipsMcClelland ‘s Theory of Needs:McClelland ‘s theory of demands focal points on three demands:AccomplishmentPowerAffiliationCognitive Evaluation Theory:Allocating extrinsic wagess for behavior that had been antecedently per se rewarded tends to diminish the overall degree of motive. ( This construct was proposed in the late sixtiess. ) The mutuality of extrinsic and intrinsic wagess is a existent phenomenonUndertaking Characteristics Theories:These theories seek to place undertaking features of occupations, how these features are combined to organize different occupations, and their relationship to employee motive, satisfaction, and public presentation.Goal-setting theory:Specific and hard ends lead to higher public presentation. Feedback leads to higher public presentation than non-feedback. In add-on to feedback, 2 other factors have been found to act upon the goals-performance relationship. These are:Goal committedness.Sufficient self-efficacy.Equity Theory:Persons make comparings of their occupation inputs and outcomes relations to those of others and so move in response so as to take any unfairnesss ‘ . Stacy Adams proposed that this negative tenseness province provides the motive to make something to rectify it. There are 4 referent comparings that employee can utilize:Self-inside.Self-outside.Other – interior.Other – exterior.DecisionThe alteration in the leading theories clip by clip says that the leader should posses certain characters which lead the organizational success whether to believe in keeping a relationship or to travel on tactically the director or the leader should move to the state of affairs and acquire success at the terminal. Depending on the companies motive the leader should respond or act with the squad members to accomplish the mark. Normally keeping a good relation helps to do the squad members life easy and pull off the work merrily. The squad members become more advanced and achieve marks easy where as with tactical manner leading may make some kind of force per unit area on the squad members, there is no warrant that in every state of affairs relational ship direction is successful. the leader should accommodate himself for the state of affairs and mo ve harmonizing to a peculiar state of affairs. We have discussed above merely a aggregation of the motive theories and ideas of the assorted advocates of direction.In some of the theories and sentiment presented, nevertheless, one can detect some ‘glimpses ‘ of the individual and how, possibly, he or she could be motivated. This is fulfilling in itself. But, as noted earlier, pattern has been in progress of theory in this field, so allow us now move to the realistic side of direction of human behavior and motive in the workplace.

Report on Lease Financing

pic pic Course polity F-201 Course title pecuniary cuttings underwrite -2 Submitted to Tahmina Akter Lecturer De collapsement of finance University of capital of Bangladesh Submitted by Name Roll contribution Md. closeafa Kamal 16-058 B Md.Sakib Bin Abdul Hannan 16-096 B Md. MehdiHasan 16-112 B Parvaj Mosaraf 16-140 B Belal Hossain 15-132 B BBA 16th great deal Department of Finance University of capital of Bangladesh era of Submission 26-05-2011 Letter of Transmittal realize 26th May, 2011. To Tahmina Akter Lecturer Department of Finance University of Dhaka Subject Submission of level A Report on select backing. Dear Madam,We atomic number 18 p filmd to submit the cover you do depute to us. The authorship story was to prep ar the confines account on the course named financial write up-2 Course F 201, as a part of our academic activities. This is the report on A Report on direct pecuniary backing. The report reviews that how leasing comp whatever take ins equipment. And we bind foc apply a particular(prenominal) require apprehension of United Leasing Company with Delta drug company Limited to have the real experience. We act our reform to prep atomic number 18 this report a fault free, but it is non possible. We rely that you volition take any err onenessous belief with kind consideration. Thank you. Sincerely Mostafa Kamal (On behalf of the group-) table of contents AcknowledgementThis report entitled A Report on ingest support is submitted as the requirement of a part of the study of fiscal Accounting-2 in the BBA course of study conducted by Department of Finance, University of Dhaka. To prep be this report an intensive study was made showing various vergeinologies with the back up of books named In statusediate Accounting by Donald E. Kieso and Weygandt. At first we regard to pay our gratitude to all mighty Allah for preparing the report winner in force(p)y. We are extremely g locateful to our direct course teacher Tahmina Akter, lecturer, Department of Finance, University of Dhaka for her painstaking guidance, suggestion and all suit of support & supervision to prepare this report.She constantly reminded us for the preparation of this report paper and finally gave a out-line to write hatful the paper sp annuling her valuable time. Without her indefatigable drivings, completion of this report paper would have been impossible. We like to give thanks oddly to our fri differences and many singles, for their enthusiastic encouragements and helps during the preparation of this report us by sharing ideas regarding this put pop up and for their assistance in typing and create reading this manuscript. Executive Summary betroth pay is the most key fruit that de terminationines the direction of financial behavior in an placement, a financial level of effort, and the validations level of persistence i n the face of obstacles of separate types of funding.Now-a-days take on funding is the most emphasized topic to any challenging institution or organization to develop their financial resources as soundly as profit maximization or maximization of proprietors rectitude. enlist funding is so substitution to oversight because it explains why it is better for the organization to ruck financially solvency by engage funding. By take away financial support an organization privy reach its specific destination. If an organization has useful consider financial backing efficiency it support survive & develop quickly than former(a)s. At first an organization considers direct funding and other financing cooperatively with one another then it takes decision to hold in contract financing or other financing whichever is best. If other financing is the best than the take up financing then it go away be selected, not accept financing.So from this comment it will be pull in that prosecute financing must be selected it is not necessary. So which is the best is long matter. background knowledge of the Report As a Part of Financial Accounting-2 course, we have fain this report. Our course teacher, Tahmina Akter, instructed us to prepare a report on strike support. We have made a small and critical analysis on the topic-All the five dollar bill members of our group digestd their sincerity and serious effort to prepare this term paper and the term paper submitted today 26th May, 2011. documentary of the Report The main objective of our term paper is to show the allow pact of a leasing company.We have study virtually advantage of leasing, various features of leasing but succession preparing this report we have understood how leasing is important for company. methodology and sources of data The term paper is written by using tributary resources. To prepare this term paper I have taken the help of many books, computer lab of vexation stave of university of Dhaka. In this term paper I sorted schooling shortly and to wrap up information we went to computer lab and central library of Dhaka University. Besides I have also collected information by dint of and by dint of numerous sources such as The Daily Star and other day-by-day upstarts papers, journals etc. INTRODUCTIONA ingest is a contract whereby the owner of an addition (the less(prenominal)(prenominal)or) grants to another party (the lessee) the exclusive right to use the asset in return for the payment of rent. term of a contract financing in Bangladesh kernel financing harmonize to the methods of involve in Bangladesh. Sometimes it is more(prenominal) acceptable than others financing. Actually it is more utile in some special sectors where other financing will be less profitable than withdraw financing. Most of us are familiar with subscribe to of apartments, cars, and telephones. Bangladesh is a developing coun accent, so exact financing is not very(prenominal) easy to throw here. In spite of these problems there are many sectors where take financing is strictly applied.The key difference among a finance enlist and an rate allow is whether the lessor (the legal owner who rents out the assets) or lessee (who uses the asset) takes on the risks of ownership of the countenanced assets. The categorisation of a mesh (as an operating or finance lease) also affects how it is reported in the accounts. The classification of large transactions, such as sale and leasebacks of property, may have a signifi deposet import on the accounts and on measures of financial perceptual constancy such as gearing. However, it is worth remembering that an improvement in financial gearing may be polish offset by a turn of operational gearing and vice-versa. LeasingA lease is a contr certain agreement mingled with both parties establishing an arrangement for the use of an asset in return for periodic payments by the user. In a lea se arrangement ? The lessor is the asset owner, who receives the periodic payments. ? The lease exercises the payments to the lessor in return for using the asset. Types of leases All leases sens be categorized broadly as either operating or financial leases. In turn, financial leases after part be categorized into specific types. We will question the various types of leases below. Operating leases An operating lease is a short-term, cancelable lease. A simple mannikin of an operating or service lease is a lease for telephone service. Financial leasesA financial lease is typically a long term, no cancelable lease- the reversion of an operating lease. At the termination of the lease contract, the lessee a good deal can either reform the lease or purchase the asset. Features of operating leases 1. The lease is cancelable by the leasee prior to its end point. 2. The lessor provides service, maintenance, and insurance. 3. The chalk up of all the lease payments by the lesee does not necessarily amplyy provide for the retrieval of the assets comprise. Features of financial leases 1. The lease is not cancelable by the lessee prior to its expiration date. 2. The lessee is typically answerable for service, maintenance, and insurance for the asset. 3. The asset is full(a)y amortized over the life of the lease.Financial leases can be divided into cardinal basic forms 1. Direct lease In the straightforward arrangement, the libertine leases an asset it did not previously own. The mansion simultaneously signs the lease agreement with the lessor and orders the equipment from the maker. The lessor pays for the equipment, which is sent to the profligate. The unwaveringly makes lease payments to the lessor based on a lease agreement worked out by the two parties. If the direct lease is from the manufacturer, then the manufacturer and the lessor are one and the same. 2. Sale and leaseback In this arrangement the sign of the zodiac sells an asset it shortly ow ns and then leases the same asset from the buyer. train payments are set to return the full purchase price plus a rate of return deemed dry landable. The advantage to the lessee is that it allows the firm to pass off using the asset spot providing cash that can be used elsewhere. It has be sire increasingly more parkland in recent years for companies to lease equipment. Each leasing agreement unavoidably to be read through carefully to perceive the term and conditions within said lease. typically a lease can run anywhere from one to five years. Most equipment necessary in commercialised handicraftes today, including practiced equipment, can be leased. Some leases provide an option to then purchase the equipment at substantially less money when at the end of the term of the lease.By leasing equipment, if incorporated properly, you can maintain your accredit availability, as the lease debt does not have to be considered a direct obligation on your financial statements. Th is is advantageous, as it does not square off your ability to borrow from lending sources. Advantages of lease financing ? It offers fixed rate financing you pay at the same rate monthly. ? Leasing is inflation friendly. As the costs go up over five years, you hush pay the same rate as when you began the lease, therefore making your dollar thin farther. (In addition, the lease is not connected to the success of the business. therefore, no matter how well the business does, the lease rate never changes. ) ? in that respect is less upfront cash expense you do not need to make large cash payments for the purchase of require equipment. ? Leasing better utilizes equipment you lease and pay for equipment alone for the time you need it. ? There is typically an option to buy equipment at end of lease term. ? You can keep upgrading as new equipment becomes available you can resurrect to the latest models each time your lease ends. ? Typically, it is easier to obtain lease financing t han loans from commercial lenders. ? It offers potential revenue benefits depending on how the lease is structured. One of the reasons for the popularity of leasing is the steady stream of new and improved technology. By the end of a calendar year, much of your technology will be deemed dinosaurs. The cost of continually purchasing new equipment to meet changing and increment business needs can be difficult for most small businesses. For this reason leasing is very advantageous. Leasing can also help you enhance your status to the lending fellow travelership by improving your debt-to-equity and earnings-to-fixed assets ratios. There are a variety of ways in which a lease can be structured. This provides greater flexibility so that the lease is structured to best accommodate the individual cash flow requirements of a specific business. For example, you may have balloon payments, clapperclaw up or step down payments, deferred payments or even seasonal payments. The actual advant ages of leasing The most important reason for leasing corpse the evaluate reason.This advantage exists because firms are in different tax brackets, allowing a firm that can not take full advantage of a potential tax shield to shift such a shield to another firm. If the lease payments are set at proper rate, the firm that does the dislodgering can benefit, as can the lessor. Although individual has to lose, that someone will be the IRS. Disadvantages of lease financing Leasing is a preferred means of financing for certain businesses. However it is not for everyone. The type of industry and type of equipment required also need to be considered. valuate implications also need to be compared between leasing and purchasing equipment. You have an obligation to continue making payments. Typically, leases may not be terminated before the original term is completed. Therefore, the renter is responsible for paying off the lease. This can pose a study financial problem for the owners of a business experiences a downturn. ? You have no equity until you decide to purchase the equipment at the end of the lease term, at which point the equipment has depreciated significantly. ? Although you are not the owner, you are still responsible for maintaining the equipment as specified by the terms of the lease. Failure to do so can prove costly. A lease involving a third party that lends the lessor part of the capital ecessary to purchase the asset to be leased. 1. Equipment manufacturers Durable-goods manufacturers often establish subsidiary leasing or credit companies. One of the main reasons that manufacturing companies provides lease financing is to encourage the use of their product. 2. Financial institutions Banks, margin holding companies, and life insurance companies. These institutions are heavily involved in long-term financial leases. From their standpoint, leases are merely a secured lending. 3. Independent leasing companies This provides much of the direct leasi ng. The financing effect It is a form of borrowing. The contractual agreement on the lease payments is no cancelable.Therefore as other types of debt, sorrow to make the lease payments can top in bankruptcy. Both lessors and lessees generally, and correctly, view a financial lease as a form of borrowing. Leasing is similar to debt it has an impact on the make out of borrowing a firm can do. Generally, the more a firm leases, the less it can borrow. This debt displacement is an unstated cost of leasing. The tax effect For tax purposes, the lease is entitled to a full deduction of all qualified lease payments. Therefore, like other forms of borrowing, the government subsidizes the cost of leasing. The reporting effect Leasing used to be referred to as off- poise tacking financing. Under rior report practices, because the firm did not own the asset, uncomplete the asset nor the companion lease liability had to appear in the corpse of the balance sheet. A footnote reference, of ten a very terse one, was sufficient. The superficial effect was to understate the firms certificate of indebtedness position. less(prenominal)ee reporting The capitalized nurse of capital leases and their companion liabilities are put in the body of the lessees balance sheet. These capitalized values are the present value of the lease payments. therefrom the present value of the lease payments appears on the right-hand side of the balance sheet as a liability and on the left-hand side as an asset. picULC was schematic in 1989 as a normal limited company, to cater the investment needs of our economy. ULC provides lease financing facilities to all grocery segments of customers, Small & Medium Enterprises, Commercial Houses, prominent Corporate organizations. Under submit financing They provide ? Industrial political machinery and motor vehicles at concessionary term. ? appliancery and Furniture for Hospital use. ? Truck or Bus for Transportation. ? Equipment or Furniture fo r formalized use. Delta drug company Limited (DELTA PHARMA) has been propelling steady towards its goal (Better Care Better bring to ) since its launch on November 21, 2004. It is a national limited company. VissionThe vision is to reach a level of excellence in pharmaceutical companyceuticals through a sustained effort to economic consumption assurance and to achieve a international standard through the indoctrination of a acculturation of excellence. Mission Our mission is to benefit stack and improve their quality of life through our quality products. As a generic company, our growth is closely knitted to the enjoyment of our customers. We would like to ensure customer rejoicing through providing quality medicine at affordable cost, launching new molecules & expediting exportation to all possible avenues. We are perpetrate to achieving our goal through skilled, creative, and motivated employees.ULC agrees to lease a drug manufacturing machine to Delta pharma company o n January 1, 2010. ULC has added following information in the contract 1. The lease agreement is noncancellable in nature with 6 years time period. 2. There will be no renewable option afterwards lease term. 3. The cost of the machine was tk. 245000 and the passably value of the machine at January 1, 2010 is tk. 245000. 4. Machine will be reverted to the leesor at the end of this term at which time the machine will have scrape value worth tk. 43622 which is ungurrenteed. 5. Delta Pharma will bear out the responsibility all executive cost. 6. ULC requires pit rental payment annually first gear January 1, 2010. 7.Collectability of the lease payment is reasonably predictable. There are no uncertainties surrounding the amount of costs yet to be incurred by the ULC. Required calculation by ULC term of a contract payment calculation Fair commercialise value of the leased asset to lesor tk. 245000 Less Present of the ungurenteed residual value tk. 24623. 31 (43622X. 56447) Amount to be received through lease payment tk. 220376. 69 6 periodic lease payment (tk. 220376. 69/4. 79079) tk. 46000 United Leasing Company (Lessor) engage amortization Schedule Date Annual lease payment plus elicit on lease Recovery of lease ask receivable URV receivable receivable 1-1-10 245000 1-1-10 46000 46000 199000 1-1-11 46000 19900 26100 172900 1-1-12 46000 17290 28710 144190 1-1-13 46000 14419 31581 112609 1-1-14 46000 11261 34739 77870 1-1-15 46000 7787 38213 39657 1-1-15 43622 3965 39657 0 Journal entries for ULC Journal entries given by the United Leasing Company for the first two years Date Journal Amount(tk) 1-1-10 Lease receivable. . Dr 245000 Equipment.. Cr 245000 1-1-10 Cash. Dr 46000 Lease receivable Cr 46000 12-31-10 Interest receivable.Dr 19900 Interest Revenue. .. Cr 19900 1-1-11 Cash.. Dr 46000 Lease Receivable Cr 26100 Interest Receivable. Cr 19900 12-31-11 Interest Receivable.Dr 17290 Interest Revenu. . Cr 17290 Findings Analy zing this report we have come to terms 1. Lease plays an important role for business. 2. Easy for business to get lease. 3. Lease agreement may contain less restrictive provisions than other debt agreement. 4. demarcation finds leasing cheaper than other forms of financing. 5. Business does not report an asset or liability for the lease agreement for financial reporting purposes. 6. It is a contractual agreement. 7. It may be cancellable or no cancellable. 8. Leasing provides business an opportunity to transfer tax benefit to another party.The leasing grocery is becoming more competitive because of the new leasing companies are entering the market. However, There are still leasing companies are doing well. The political stability and overall economic development is an inwrought precondition of the smooth growth of this sector. If we can ensure these two preconditions, the leasing sector of Bangladesh would be able to perform a untroubled role in our industrial development. If we disuses more and more approximately lease financing, and if we try to spread it among our general public about its advantages, we will go clearly ahead. It is very favorable to apply lease financing in Bangladesh. From above discussion, it is clear that, in many sectors lease financing is better than other financing.If we know about lease financing properly, we can use or we can avail all the advantages of lease financing where other financing is not favorable for us. 1. Brigham, E. F. and M. C. Ehrhardt. 2001. Financial management hypothesis and practice. 10th Edition. Singapore. South- Western. 2. Bhole, L. M. 1992. Financial Institutions and Markets structure, growth and Innovations. second Edition. New Delhi. Tata- McGraw-Hill Publishing Company. Evaluation of students writ of execution 3. Horne, J. C. 1999. Financial Management and Policy. picpicpicpicpicpicpicpicpicpicpicpicpic Bibliography 05 06 07 07 07 08 09 11 13 18 21 22 22 1. Acknowledgement 2. Executive Summary Back ground of the report Objective of the report Methodology and sources of information 3. Introduction 4. Lease Financing 5. Advantage and disadvantage of leasing 6. Sources of lease financing 7. A lease contract 8. Findings 9. final stage 10. Bibliography TOPIC PAGES A Report on Lease Financing Conclusion The effects of leasing on the firm A Lease contract of United Leasing company with Delta Pharma Limited Sources of lease financing Leveraged lease Advantages and Disadvantages of Lease Financing for Businesses Lease Financing pic (Lessee) pic (Lessor)