However, Oedipus was already doomed to succumb to the fate which was foretold long before his birth via the oracle which was at Delphi. From the time the oracle predicts this to Oedipus’ parents Jocasta and Laios, they immediately take action to ensure that the oracle is not fulfilled. Little do they know that the fate of Oedipus’ will come to occur in their lives which would be a series of tragedies that blindly lead them to believe that the oracle would not be fulfilled.
From an initial reading, most readers assume that the tragedies that befall Oedipus and his family are mere actions of free will by both Oedipus, his parents and the shepherd but it is actually the fate that was already predicted by the oracle which leads to all the tragedies that Oedipus goes through in the entire play. The essay thus intends to show that it was due to fate that the tragedies befell Oedipus rather than free will as it appears.
Oedipus’ parents try to avoid the fate that the oracle predicts concerning Oedipus. They send the shepherd to get rid of the child by leaving the child in the jungle so that he might die due to exposure but instead the shepherd does not leave Oedipus to die, rather, he takes him to his home country and Oedipus is left under the care of the queen and king of Corinth.
“Come, then, say, on. Rememberest thou a boy Thou gav`st me once, that I might rear him up As mine own child?” (Sophocles 1168)This causes Oedipus to believe that the queen and king of Corinth are his real parents which causes him to flee from them to escape the fulfillment of the oracle but finally this belief acts a catalyst for the fulfillment of the oracle and Oedipus and his parents (Jocatsa) are forced to come to the realization that they could not control fate.
Fate also plays a tricky game on Oedipus when in his attempts to discover the person responsible for the death of Laios; he comes to know that it was actually him who killed his own father.
Oedipus met with his father and killed him believing that it was a group of bandits while in actual senses it was his father. His quest to discover what happened to the king Laios leads him to his predetermined fate, ‘Tis enough”.
Get your 100% original paper on any topic done in as little as 3 hours Learn More Oedipus replies, I cannot yield my right to know the truth” Oedipus finds it difficult to restrain himself from looking for the truth even though he has already been warned that the truth might lead to disaster on his part. “Whom did he speak of? Care not thou for it, But wish his words may be but idle tales.” (Sophocles 1176).
Jocasta tries to steer away Oedipus from venturing into asking more questions because she had already deciphered the end of the story. Had he listened to what he was told instead of being stubborn then maybe the fate would not have been completely fulfilled.
It so happens that the priest who is currently in Apollo is blind and Oedipus mocks him by telling him that he can never be blind but fate has it that he would be the one responsible for gouging out his eyes leading to blindness. “Woe! woe! woe! woe! all cometh clear at last.
O light, may I ne`er look on thee again, Who now am seen owing my birth to those To whom I ought not, and with whom I ought not In wedlock living, whom I ought not slaying.” (Sophocles 1200).
At this point Oedipus prefers that he would rather be blind so that he would no longer look upon the evils of the world and those that he had already done. Fate had it therefore that he should become blind despite the fact that he had been mocking the priest
In Oedipus the king, Sophocles raises various questions about fate, should individuals be concerned in knowing their fate instead of living their lives freely or after knowing ones fate, which action is best to take. To ignore fate and live life, or to try as much as possible to control and evade fate.
Oedipus and his parents know their fate and try as much as possible to control this fate but all their actions lead them to the fulfillment of the oracle. Thus, it can be concluded that had Jocasta and Liaos lived their lives without seeking to know their fate then they would have lived happily and the same applies to Oedipus.
We will write a custom Essay on The Oedipus’ Fate specifically for you! Get your first paper with 15% OFF Learn More Work Cited Sophocles. Oedipus the King. E.d Cavender, Kenneth. San Francisco: Chandler Pub. Co, 1961.
Financial Ratio Analysis Essay
Nursing Assignment Help Table of Contents Current ratio = Current assets/ Current liabilities
Cost of sales
Ratio analysis is of great importance when it comes to the assessment of the financial position and health of any business enterprise. It may be a tedious activity but once results have been obtained from the computation, interpretation is fast and easy.
Ratios can therefore be used by potential investors, creditors, and money lending institutions such as banks as well as the company management to judge how the company is progressing (Jan et al, 2008, p. 266).
Ratios work by comparing two or more items on any of the prepared financial statements of a company such as the balance sheet, income statement, cash flow statement and many others (McManus, 2009, p.1). Ratios are grouped into different classes depending on their final use.
These classes include: liquidity ratios which give an indication of whether the company is able to meet its liabilities in the short run. Profitability ratios are used to determine whether the enterprise has the ability to handle its expenses and make profit in return to the resources it has put into the enterprise (Houston and Brigham, 2009, p. 90).
The list of the type of ratios that can be calculated from any financial statement is endless since almost all items on these financial statements have some degree of correlation. The information obtained from financial ratios analysis, other than giving an impression of how the company is fairing on, it can be used by external bodies to determine the credit worthiness of the company
A common example of a liquidity ratio is the current ratio which compares the liquid assets of a company to the non-fixed or current liabilities. It is therefore calculated as follows:
Current ratio = Current assets/ Current liabilities This ratio is very important as it shows the company’s potential to pay for its short term liabilities. Any creditor to the company will have to look at this ratio so as to depict the credit worthiness of the company in the short-term which will depict its ability to pay the long-term as well.
Get your 100% original paper on any topic done in as little as 3 hours Learn More The second ratio is the Return on capital employed (ROCE) which is a profitability ratio. This ratio as the name suggests shows the correlation between the operating profits that has been generated during a certain trading period from the average long-term capital that has been invested in the company. In other words it shows what the company has managed to reap from the resources that it has invested for a certain period of time. It is calculated as follows:
ROCE= Net profit prior taxation and interest x 100
Share capital long-term loans Reserves
This ratio is of great significance to the investors as they are able to predict how their investments are bound to fair in the targeted company.
Another common profitability ratio is the Gross profit margin which depicts the relationship of the sales of the company and the generated gross profit. It is therefore calculated as: Gross profit x 100
Sales revenue This ratio shows how profitable the company is and is therefore used by money lending institutions such as banks as well as investors before making the decision of entering into financial transactions with the company (Jan et al, 2008, p. 266).
Last but not least is an example of efficiency ratios that show how the company makes use of the resources it has. This is the Average inventories turnover period calculated as: Average inventories held x 365
We will write a custom Essay on Financial Ratio Analysis specifically for you! Get your first paper with 15% OFF Learn More Cost of sales This ratio is used to determine the average number of days that the company is holding inventories. Again the investors and banking institutions use this ratio as a gauge of the company’s progress.
From the aforementioned examples of ratios, it can be deduced that ratio analysis is an important process of the business enterprise as it provides information to external users such as banks, creditors and investors in addition to assisting in the management of the enterprise or company (McManus, 2009, p.1).
Reference List Houston, F. And Brigham, E. (2009). Fundamentals of Financial Management. [Cincinnati, Ohio]: South-Western College Pub.
Jan, W. Haka, S. Bettner, M. And Carcello, J. (2008). Financial