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Everything posted by AlexJ
Biggest Ghost 2016
AlexJ replied to Cupe's topic in Competitions, Battles & Collabsme too
Hip Hop Evolution
AlexJ replied to OxyKon's topic in Rap & Hip Hopisnt there only 4 episodes? watched all of them. were fantastic
Newbie on the forum with music
AlexJ replied to Jared James's topic in Electronica & Chillthis stuff was sweet man!
AlexJ replied to Bristles's topic in Music Productionthe rent to own serum thing is a pretty decent deal imo. as for splice in general i feel the rest of the features are either too pricey or not applicable unless your have a few collaborators who also use all the same stuff as you
make sure at the very least they are duel driver. if they are single driver you might as well use iphone earbuds.
iems are great but not super comfy to wear for more than a couple of hours if your not used to them
surely you mean 'GQ man of the year' award?
ghosting hard
yeah get a decent set of headphones. i do most of my arrangements in shitty sennheiser can (because they are comfy af and can wear them for hours) then when i want to start nailing things out i use the studio monitors. Find its much easier (and more comfy) to do things at low volume in headphones. if im trying to block out noise and produce ill put in my shure inner ears (SE535, couldnt recommend them enough for the pricepoint). its good to get in the habit of mixing across a few set of speakers but have one main set that you have a good understanding of. For example, i know my sennys get alittle bass boost around 150hz so I put a little notch eq on my master when i use them (only about 1.5db) to just limit the 'booming' of my kicks. Now when i jump over to the monitors everything sounds flat (which in this case is a good thing). As Labrat touched on earlier. learning your tools and skill development is still the key
Watch Feed Me drop his new remix of deadmau5 and Kaskade
AlexJ replied to Cupe's topic in Drum'n'Bass & Junglefuck this sounds boss. the dimension mix or strobe is just insane. makes an appearance anytime i can play dnb these days
You do bring up some very valid points however i will say this. Big electronic artists (not just bands), still send out all their stuff they intend to release to be mixed and mastered. Why should we (who may or may not want to emulate their success) do the same (we're talking the likes of flume, tommy trash, david guetta etc. fuck even sound nerds like justice and moby still have mix engineers. about the only person i know who is quite against sending music to mix engineers is Deadmau5 and im 90% sure that when he was signed to EMI he bitched and moaned about sending his stuff to engineers). Im not saying they themselves wouldnt have decent sounding mixes through making their own stuff but when your so close to a track from its start to its finished i would say its VERY difficult to step back enough to provide an effective mix that does the track justice. Artists (in my opinion) who do a large number of compositions are too close to their work, too familiar with the minute nuances that they spent hours to create when an experienced engineer will know not only how a track should sound in relation to the body of music currently out but how to make a more complete product for the artist. artists can only take tracks so far, while some may see that as a limitation i think its important for an artist not to loose scope. If artists are only making stuff for themselves sure, their mixes are fine. But their is a reason they release music, to please others, make them feel how they felt, make money whatever.. and assuming the artists is all knowing in their ability to achieve these goals...man that artist would have to be the most egotistical mofo out. mix engineers are important not only for their ability to polish a track over time (throughout the entirety of the track) but almost as an extra sounding board (at a more technical level) than say another artist or fan. then again. mixing has a bigger impact for larger arrangements. so i guess it should be assessed on a case by case basis.
mm maybe for experienced artists who get a temp mix pretty close but idk ive sent a number of tracks to get mixed/mastered in recent times and to me even though im writing something different everyday the mixes seem to make the most drastic differences imho. Maybe i just need to get another 100 tracks under my belt your not wrong in that you can get people to do cheap quick masters. but so could the presets of my ozone suite that i downloaded for free 4 years ago (dont stress guys i bought the full version shortly there after). i think there is more subtly in mastering which its true requires years of practice to get good at but in the end its only the last 3% of a track. i would argue a good mix is 12 of the last 15%. granted this has turned into a mix v master debate and im soz guys my bad
if your going to fork out the money, get a track mixed properly rather than mastered. there is a reason mixing costs 2-3x mastering.
Not that I know a hell of alot about mastering but in my experience its all about tiny adjustments. If you have to do anything big (boost/cut anything by more than 2db etc) go back and fix your mix. this includes the drive on saturators, auto gains on compressors etc. If you have to put more than 1db boost on your limiter to match reference you've fucked something up somewhere, go back and fix it. Mixing makes it glossy, mastering makes it shine. Long chains mean your compensating for something that should have been fixed in the arrangement or in the mix. Make sure you do your arrangment/mix/master in separate projects to ensure your not focused on anything other than the job at hand. I know ive been in mixes in the past and tried to make arrangement adjusts. its bad to get in that habit. keep things separate. Long chains generally only happen with super experienced mastering engineers trying to a) fix a problem that should have been addressed @ mix and wasn't or b ) making lots of subtle adjustments to progressively build a particular sound profile (for example, mastering a track for record pressing). How a track is made determines musical vision, how a track is mixed determines musical feel and how a track is mastered determines its use. Mastering is 8/10ths making it loud enough for the medium you want to use the music in.
Reverb on Vocal using Decks
AlexJ replied to MsKrock's topic in Beginner DJ Tips & Tricksstandard djm (800,850,900nxs) should allow you to add reverb to a mic channel
DDJ-RZX - The Big Daddy of all controllers
AlexJ replied to dflux4's topic in Mixers & Controllersi dont understand this. whats the point of all the screens if it still needs a laptop for media? i mean, sure close it for safety and all that but idk seems like some pointless bs to me
When to takeover dj playing before you at a gig?
AlexJ replied to Danielle's topic in Beginner DJ Tips & Tricksi just mean that stick to your set time, too early and your the ass that is cutting off someone else's set, too late and your lazy and dont care enough about your own. There are some times when your happy to give them a few more minutes (i remember i played a gig recently where it was the young guy before me's first gig and he was absolutely killing it so I was like 'fuck it' and let him have 10 more minutes) and times when you just want to get started asap. As long as you try to remain professional things generally work out. If they wont let you start then let them go and make a note of it to management. If its a big gig continue to urge them. If they arnt doing right by other artists its funny how quickly those people dont get booked again.. definitely agree with labrat though, making your presence felt is incredibly important but it is key that you avoid being perceived as a nuisance. Generally a hi and a handshake with a quick glance at your watch is enough to communicate your here for business but that no one needs to stress.
Managed to retrieve a bunch of my OLD songs! Oh my god, they're awful
AlexJ replied to Narukami's topic in Music Productionwhat are you like 50 now?
When to takeover dj playing before you at a gig?
AlexJ replied to Danielle's topic in Beginner DJ Tips & TricksStick to your set time, physically take over at the time you should. best to have a couple words with the dj before you, a polite dj will ask you where you want to start and mix to get you closer, also giving you a track with a particularly long outro etc so you can get yourself sorted. remember it can be alittle awkward for you as long as it doesnt seem awkward to the punters. they shouldnt realise whats going on If the sets are completely different, use your wide function and start at a breakdown like labrat said. can basically filter out whatever was playing and then speed/slow your track down to reqd tempo in the next 4 bars. Breakdowns are good for tempo changes (providing you have key lock on) because the lack of percussion makes it really easy to disguise large change. I often use a technique similar to this to go from say 90bpm to 128. or 140/150 to 100. As long as the tracks have a similar theme you can make almost anything work. Obviously only do this if you can mix from whatever they were playing and lets be honest (without trying to sound too rude), if your being payed to play at a club or event you should be able to mix across a number of genres/tempos. It may not be your niche but its a fundamental skill. If your particularly worried about what the dj before you will play, simply prepare 4-5 songs your happy to start your set with across a number of tempos. that way you are prepared for wherever the dj before you finishes up.
New Macbook Pro Announced
AlexJ replied to Mitch's topic in Computer Cornererhhhhmagerddddd terccchbarrr
mixing vinyl tunes with digital tunes.
AlexJ replied to Sevrin's topic in Turntables & Stylusdont forget that gain difference actual vinyl wont sound as loud as a digital output that is compressed af.
Side-chaining debate.
AlexJ replied to AlexJ's topic in Music ProductionYeah I've found the lfo tool isn't great for interesting tempos or busy mixes
Complete Track Walkthroughs
AlexJ replied to Mitch's topic in Music Productionive looked through quite a few now and admittedly picked up lots of little things. especially mix related. really depends on where you get it from. Ive had a couple that sound fantastic on the vid/sc link whatever and then i open it up and its a bunch of frozen audio tracks like wtf as if im going to learn shit off of that. be careful to look out for the plugins you need to have as well. ive seen a couple with huge lists of plugins that i skimmed thinking i had all the major ones and then opened the project to find a whole lot of useless shit. not to sure about house/disco/techno but for a couple of the future bass/trap/bigroom sorta ones ive seen they do some pretty interesting stuff mix wise that i wouldnt have thought to do if i couldnt pull it apart (mainly listening to what individual channels sound like in isolation. thing ive found was that i was not nearly harsh enough with my eq'ing in the past because i too often listened to individual tracks in isolation and then tried to make a lot of good sounding things fit together. listen to shit in the mix and then iso was really fascinating)
Best underrated plugins
AlexJ replied to AlphaFive's topic in Music ProductionNot sure bout underrated but i know a number of producers who've never heard of it. Glitch 2 https://illformed.com/ I love this little guy like a small child. I havent made a project in the last 18 mths that doesnt have it. great for gates, tape stops (my personal favourite and go-to for this), so warm distortion. all running from a linked step sequencer. the great thing is it can run all its effects in parallel which is fantastic if your trying to do some complicated shit. Admittedly there is alot there i don't use but for something that cost me less than 30 bucks at the time (deal if you had the first one) i have more than got my moneys worth. The big reason i come back to it time and again is its simple ease of use. although by this point i pretty much know it inside and backwards
Side-chaining debate.
AlexJ posted a topic in Music ProductionOk so i know a few people are pretty attached to their side-chaining and the methods for achieving a decent mix because. Im curious what method you use, why you use it and have you tried other methods or tools and what was your 2c. Ive recently made a couple of tracks where i've run all side-chaining elusively from a couple of return tracks in Ableton. In my mind my mixes sound a little cleaner because of it (obviously less instances of the same side chains on channels means i'm less likely to tweek things individually muddying the mix a little), its also less taxing on my CPU which is a bonus. Im commonly running a side chain from a kick and snare (and sometimes hats if they sit relatively in the middle of the stereo field for whatever reason- but only light) and do find having my side-chain auFX rack (generally a couple compressors and an eq) across 5-15 channels cumbersome at times. However occasionally i do feel the need to chain certain channels differently but as mentioned above the overall result isn't always better because of it. Now this could easily be because i don't have a significant amount of mix experience. who knows. Although i have a number of compressors i primarily use the good old Ableton one because its side-chaining is simple AF and its load is relatively low on CPU (especially since sometimes there is 40 odd compressors running). However given the opportunity to now side-chain using a return track i feel like i might employ a couple of others that give me the warmth/pump/snap feel that i'm after if it means i only have to have a couple compressors total running for the entirety of my side-chaining. What method do you guys use? Thoughts on using return tracks? I feel like im pretty liberal for my return tracks with any given project generally running 6-9+ running various reverbs,delay,sidechains,washes etc /walloftext


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Shawn Moody, founder of Moody's Collision Centers with 11 locations in Maine, will be the Republican candidate for Governor in Maine in November. Moody won an outright majority of the primary vote, making him the winner of his primary, on Tuesday. With a majority, there's no need for additional rounds of voting under Maine's ranked-choice voting system.
Moody previously ran as an Independent candidate for Governor of Maine in the 2010 election. He entered the 2018 Gubernatorial race for the Republican nomination to replace Governor Paul LePage in November 2017.
In the fall of 1977, Moody, then a senior
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subset: commoncrawl


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→ Installations →Nestells Enterprises
Nestells Enterprises, LLC
Clarksville, TX
Diesel Fuel Doctor,
Thank you for all your help and support with our problem!
Our truck was losing power, blowing black smoke and our mileage had dropped to approximately 3 miles to a gallon. We kept having to change the fuel filters between the regular oil changes. Then, during the next scheduled oil change, we noticed a "sludge like" substance on the top of the fuel filter. After numerous conversations with various mechanics we were at a loss as to what the solution would be. One mechanic suggested it may be an algae problem which would require removing the tanks and steam cleaning them - which would be a time consuming and expensive proposition.
We then decided to look on the internet for some sort of algae killing chemical solution. This is when we discovered your website. Once on your website, we saw pictures that were identical to what we had on our filters and the same exact symptoms we were experiencing. So we immediately call Torre Miller of Diesel Fuel Doctor.
Torre not only understood our problem, but had the solution. He immediately over-nighted 2 bottles of the "Algae killer" solution AFC-705 and the LG-X 1500 unit. The AFC-705 is a solution that we added to our fuel tanks. The LG-X1500 unit is the part that will keep it clean.
We weren't sure this would work, but we had to try something. To our pleasant surprise "IT WORKED," better than expected. Plus it was easy to install ourselves, it took less than ½ hour. After running through 3 tanks of fuel and changing the fuel filter one more time, the problem is solved. We are now getting 5.77 miles per gallon with no power problems and no black smoke. Upon visual inspection of the tanks there is no sign of any algae. With fuel at close to $4.00 a gallon this is a big savings .
Since having this problem we have found out that the low sulfur diesel fuel is known for breeding algae, so just adding the solution is not enough. The LG-X1500 unit will keep us from having this problem again by removing all the impurities in today's' fuel. We thought we were safe by purchasing fuel at national chains and not the smaller stations, but that is not the case, algae can form in any diesel fuel. We also discovered that a friend of ours had this problem, too. He put 9 gallons of an algae killer (a different product at $30.00 a gallon) in his tanks before it cleared up and it is a fact that the problem will reoccur eventually.
THANKS DIESEL FUEL DOCTOR…..we will highly recommend your products to anyone.
Robert & Marleen Nestell
C.I.Agent can be used to treat spills or as a preventative measure where a spill is likely to occur in many applications.
C.I.Agent is a powder that can be put on spills such as oil, diesel fuel, hydraulic fluid, transmission oil, and any other petroleum based fluid, and it will solidify it into a rubber-like mass mass. Then the solidified product can be used as a fuel or sold to companies that produce as a filler to add strength and flexibility to their products. If you choose to, in most cases, the waste can just be thrown away!
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2 Posts
Discussion Starter • #1 •
Writing assignments is always a complex, challenging, and stressful task for a young person. The first and most important part is to choose a relevant and correct topic. I recommend you to read a post at How to Write an Extended Essay: Writing Tips with 134 EE Topics. It's a post about completing the extended essay and about different interesting topics for it. Also, try to mentioned and make some notes about the structure of this paper.


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Halmia in her bedroom shines in her lime green outfit. She slowly undresses and shows off her 34C breasts and hairy pussy. Crawling to the bed, she opens her legs up more and fingers herself nicely.
Category: Halmia
Halmia strips it all off to show her hairy body
Halmia is in her living room looking fiery in red. The red top and pants come off, and she shows off her hairy pits. She bends over near her couch, and loves to show her full hairy bush in its glory.


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The transcripts of the Grand Jury testimonies about the shooting of unarmed teenager Michael Brown by Ferguson police officer Darren Wilson.
Yes, I can identify them. You will see when it gets up there, but on pictures that I take, I write the complaint number, which is just the number assigned by the county for which case it is, and the Q number and my initials and DSN, which is my department serial number, and then the date.


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Tony Abbott has had a strange week, after his rather patronising message about Patrick's Day ended up going viral, somewhat by accident.
It seems he was at it again at a visit to a Charlton Farm in rural Tasmania, as when he was being shown around the land and getting a look at the procude, he decided to sink his teeth into a raw onion. Something in us compels us to add that the onion wasn't even peeled, as though that would somehow make it less weird, but honestly we're not sure it does.
Could it be possible that Tony has been the victim of an extremely long-running prank in which one of his friends, or perhaps even a trusted elder, once told him as a youngling that onions were apples, and he has been eating them like that for his entire life without anyone ever letting him in on the joke? Grinning and baring it, tears streaming down his face in a desperate attempt to achieve acceptance among his apple-loving peers, who cruelly played along, it's now too late for Tony to face the awful truth, the shock could be too much. We don't know, but we're definitely never having the apple pie if we're ever invited to his house for dinner. Something tells us we won't be, though.
Via i100


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Star-shaped pasta, ideal for soups
Star-shaped pasta, ideal for soups
250g bag
Made by Riesa Teigwarenfabrik GmbH
Durum wheat semolina, whole egg (10%)
Using product information
While every care has been taken to ensure product information is correct, food products are constantly being reformulated, so ingredients and allergens may change.
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The adjuster may be damaged if it is positioned too far out, leaving minimal thread engagement.
If the adjuster is threaded out near its limit and the correct free play cannot be obtained, turn the adjuster all the way in and back out one turn. Tighten the lock nut and make a major adjustment as described as follow.
Major adjustments are performed at the clutch arm. Loosen the lock nut and turn the adjusting nut to adjust the free play.
Hold the adjusting nut securely while tightening the lock nut.
If proper free play cannot be obtained, or the clutch slips during test ride, disassemble and inspect the clutch (see section 9).
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Is a handshake really just a mere handshake, or does it express so much more? Discover Body Language and How it Can Benefit You. You will never be in the dark again on a persons mood when you can read their body language!


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— Jill Clingan Every child is an artist. The problem is how to remain an artist once he grows up. ~Pablo Picasso One of my goals this year is to explore creativity, both in myself and in my children. I love being creative. I love creative things. But I often do not let myself explore … Continue reading
Tag Archives: spiritual disciplines
The Spiritual Discipline of Hospitality
I've noticed that around the holidays a lot of talk shows and magazines devote a lot of space and air time to the topic of guest rooms. Just exactly what a guest room should look like, what kind of toiletries we should place in the bathroom for our guests, even what newspapers we should be … Continue reading
A Bedside Confessional
Did you catch the "30 Days of Real" phenomenon a few months ago? I deeply appreciated it. I think many others found it silly. It was described as being "one month of sharing our realness, messiness, quirks and funny flaws to become more authentic, vulnerable and beautifully imperfect." People were challenged to post something about … Continue reading
Useless Before God
Earlier this week I was thinking to myself I had done a pretty good job of keeping it peaceful and calm and not cramming too much in among all the special events that show up on the calendar this time of year. Okay, I was feeling just the teensiest bit smug. Then on Monday night … Continue reading
Prayer: Bridging the Chasm between Distractions and the Divine
I have been thinking a lot about prayer lately. I had my bi-weekly appointment scheduled with my spiritual director this week, and I wanted to talk to her about my thoughts on prayer, but she was sick, so I have been hashing this one out on my own. So, let's pretend that you are all … Continue reading
The Practice of Leaving Their Arms in the Socket
November 20, 2013 If you're reading this in a public place, look around at people walking. Otherwise, imagine someone walking through the room where you are or past where you're sitting. How fast is the walker (real or imagined) going? Normal pace? A little brisk, perhaps? Now take what you just saw and imagine slowing … Continue reading
A Day of Yes
As a minister and a mother, I have a relentless, nagging sensation that I should always be doing something else. If I'm folding laundry, should I instead be reading with my son? If I'm answering e-mail, should I be visiting the sick instead? If I'm reading a book about prayer, should I be working on … Continue reading


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Invitation to the first annual fundraising event of GRAHN-USA
GRAHN-USA is inviting you to its First Annual Fundraising Event Join us as we come together for an evening of philanthropy at Bon Caldo Ristorante, 1381 Boston-Providence Turnpike, Norwood, MA 02062 The event will take place on Saturday, October 12, 2019 6:00PM - 11:00PM The event will include dinner, dancing, and great music performances. Special guests include GRAHN-Monde President Dr. Samuel Pierre and Haitian legendary guitarist Toto Laraque with Keynote speaker Karen Ansara.
To register for this event please click here Contacts: +1-917-365-2598


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Having missed out last year I decided to go to Citrix iForum at Darling Harbour this year in the hope of learning something new. To mine and to clients/workmates disappointment there wasn't any learning to be done on the Wednesday session. The Wednesday session was specifically catered for Channel Partners and Customers and was labelled as the "Technical Session".
I guess I'm not sure what I was expecting but I definitely was expecting to learn at least one thing on the day. We got a nice looking Citrix iForum bag but aside from that there wasn't anything worth going to. The various sessions were more "introduction" to various Citrix topics such as 2 Factor Authentication and normal administrative things such as Active Directory Group Policies and printing.
I was booked out at a clients site for the following 2 days so I gave my pass to my colleague to attend the Thursday and Friday sessions. I'll update my post when I speak with him next week, hopefully there was more useful information or at least better give-aways on the last two days 🙂


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Working capital management related to the management of current
assets and current liabilities. Working capital management is considered very
important in the sustainability process of production or operation activities
of the company. If the working capital cannot be fulfilled, then the production
process is in danger. Indeed, this can be overcome by borrowing capital to
banks or other financial institutions. But that would automatically increase
the liquidity risks faced by the company. Therefore working capital management
is very important to prevent this from happening in the future.
Optimal working capital levels are determined largely by management
of current assets and current liabilities. It requires continuous monitoring to
maintain proper levels in the various components of working capital. Especially
for manufacturing companies current assets amount covers more than half of
total assets. First, the management of current assets where within the post
contained the company's assets that could be used in the operating activities
of the company. Cash account is included in current assets; where cash is used
by companies to finance the operating activities of the company include the
purchases of raw materials and maintenance supplies. Later, accounts receivable
is a tool used by the company to increase the number of sales. The company
carries out the policy of giving credit to the consumer to achieve sales
targets and ultimately to meet the profitability targets that have been set.
There are some amounts of inventories needed by company for the
sustainability of the production process in case a significant increase of
demand. Inventory is one part of the working capital (Subramanyam and Wild,
2010). Inventory is one part of current assets which have fairly large quantity
and are in need of special attention. Most companies maintain inventory levels
at a certain level. This happens because the company wanted to have enough
supplies so that the sale of the company can continue to run. If the supply is
not enough, they can lead to a decrease in sales volume below the level that
can be achieved (Subramanyam and Wild, 2010).
The main indicator of working capital management, commonly used in
studies is the cash conversion cycle (cash conversion cycle). In this study,
the cash conversion cycle and its components are used as a basis for assessing
the efficiency of working capital management to determine its relevance in
achieving the objectives of profitability.
Working capital management will indirectly affect the level of
corporate profitability. As described above, any measures taken by the company
will have an impact on the level of sales and eventually also affect the value
of companies that are affected by the amount of net profit.
The company's ability to generate profits by using all its resources
referred to profitability. Munawir (2010) mentions the profitability as
company's ability to generate profits within a certain time that can be
measured by the success of the company and the company's ability to manage its
assets. It is this ability which became one of the factors that may affect
investor consideration in deciding where he should be investing. Profitability
also showed the effectiveness and efficiency of companies in utilizing its
resources. The higher the level of productivity of a company the better
performance is.
Profitability and liquidity are two important and major aspects of
corporate business life (Vataliya, 2009). The problem is that increasing
profits at the cost of liquidity can bring serious problems to the firm.
Therefore, there must be a trade-off between these two objectives (liquidity
and profitability) of firms. One objective should not be at the cost of the
other because both have their own importance. If firms do not care about
profit, they cannot survive for a longer period. In other round, if firms do
not care about liquidity, they may face the problem of insolvency or
In manufacturing companies, working capital is expected to affect
the company's profitability. It can be seen from the operating activities of
companies started from capital investment to supplies the raw materials of its
products and their receivables and pay for the debts of the company. The
manufacturing company is a company that produces the needs of society in Pakistan
both as an industry that produces goods to satisfy basic needs also generates
additional needs. Inventory is an asset to manufacturing company, since the
inventory is a major source of income in these types of companies.
Manufacturing companies must store enough supplies to meet the needs of its
customers. Failure on this account would be bad if it was not considered
seriously, because it can result in loss of sales / revenue so as to reduce the
company's operating profit.
In this study, the selected industries as an object of research are
the manufacturing industry. Because the industry is consider ideal in working
capital management. In manufacturing companies, it can be seen from the
operating cycle that involves investment in inventories and receivables and
make the payments on their debts. In connection with the days of outstanding
inventory (DOI), the study was conducted in industries associated with
supplies. In particular, the manufacturing industry associated with supplies.
Based on the above mentioned argumentation, this study observed the effect of
working capital to profitability of manufacturing company in Pakistan.
How Working capital management affects the profitability of Manufacturing
Industry in Pakistan?
This research adopts previous research conducted by Akoto,
Vitor, & Angmor (2013) who studied the effect of working capital
management on profitability in the manufacturing industry listed in Ghanaian
Stock Exchange 2005-2009 consist of the dependent variable is the return on
equity to measure profitability, independent variables; number of days accounts
receivable, number of days accounts payable, cash conversion cycle, &
current ratio. And the control variable is the size of the company and current
assets turnover. Prior research done by Falope and Ajilore (2009) found
a significant negative relationship between net operating profitability and the
average collection period, inventory turnover in days, average payment period
and cash conversion cycle for a sample of fifty Nigerian firms listed on the
Nigerian Stock Exchange. Furthermore, the study found no significant variations
in the effects of working capital management between large and small firms. An
important lesson therefore is that, prudent working capital management is
critical for the profitability of firms of all sizes.
From previous study Akoto, Vitor, & Angmor (2013) can be seen that the research about working
capital management and its impact towards profitability and liquidity had given
an inconsistent result. Regarding these inconsistencies between previous
studies, I want to reconduct the research using different variables and object.
research was conducted with objectives to determine the:
Effect of
number of days accounts receivable towards profitability of
manufacturing company listed in Pakistan Stock Exchange 2010-2014.
Ø Effect of number of days
accounts payable towards profitability of manufacturing company listed in Pakistan Stock Exchange 2010-2014.
Ø Effect of the level of cash
conversion cycle towards profitability of manufacturing company listed in Pakistan Stock Exchange 2010-2014.
Ø Effect of the level of current
ratio towards profitability of manufacturing company listed in Pakistan Stock Exchange 2010-2014.
Ø Effect of firm size to
profitability towards profitability of manufacturing company listed in Pakistan Stock Exchange 2010-2014.
Ø Effect of current assets
turnover towards profitability of manufacturing company listed in Pakistan
Stock Exchange 2010-2014.
This study wants to analyze the effect of working capital on
profitability in the manufacturing industry in Pakistan in 2010-2014.
The research questions are as follows:
is the effect of Number of Days Accounts Receivable towards
profitability of manufacturing company in Pakistan?
is the effect of Number of Days Accounts Payable towards profitability
of manufacturing company in Pakistan?
is effect of the level of Cash Conversion Cycle towards profitability of
manufacturing company in Pakistan?
is the effect of the level of Current Ratio towards profitability of
manufacturing company in Pakistan?
is the effect of firm Size to Profitability towards profitability of
manufacturing company in Pakistan?
is the effect of Current Assets Turnover towards profitability of manufacturing
company in Pakistan?
The dependent variable in this study is Return on Asset,
as a measure for firm's profitability. Independent variable consists of Cash
Conversion Cycle, Average Collection Period, Average Payment
Period, Inventory Turnover Period, Debt Ratio and Firm
Size as a proxy for component of working capital management.
Cash Conversion
conversion cycle is an efficiency ratio which measures the number of days for
which a company's cash is tied up in inventories and accounts receivable. It is
aimed at assessing how effectively a company is managing its working capital. The calculation
measures how fast a company can convert cash on hand into inventory and
accounts payable, through sales and accounts receivable, and then back into
Cycle = (Average Collection Period)+(Average Payable Period)+(Inventory
Turnover Period)
Average Collection Period:
The average
collection period ratio, often shortened to "average collection
period" is also referred to as the "ratio of days to sales
outstanding." It is the average numbers of days it takes a company to
collect its accounts receivable. Usually, Calculated by dividing 365 Days into
Account Receivable Turnover Ratio.
Average Payment Period:
average payment period (APP) is defined as the number of days a company takes
to pay off credit purchases. It is calculated by by
dividing 365 Days into Account Payables Turnover Ratio.
, Inventory
Turnover Period:
Inventory turnover is a measure of the number of times inventory is sold or
used in a time period such as a year. The equation for inventory turnover
equals the cost of goods sold divided by the average inventory.
Ratio is a financial ratio that indicates the percentage of a company's assets
that are provided via debt. It is the ratio of total debt (the sum of current
liabilities and long-term liabilities) and total assets (the sum of current
assets, fixed assets, and other assets such as 'goodwill').
In this study, two types of theories will be adopted, which are Trade-Off
Theory and Pecking Order Theory.
The Trade-Off Theory implies that "firms
with high level of liquidity may potentially meet low profitability problem".
In other word, there is a Acceptability of negative relationship between
liquidity and profitability (Jakpar S, Tinggi M, Siang TK, Johari A,
Myint KT, et al. 2017) (Filbeck and Krueger). A study conducted by
Filbeck and Krueger 4 has revealed that there is an existence of significant
inverse relationship between profitability and liquidity of companies in United
Kingdom. Dittmar et al. 5 indicate
that when the firms are liquid, the firms generate huge amount of net working
capital, follow by diminishing level of profitability. However, in a situation
of over trading, the trade-off theory will highlight the firms will, actually
be confronted with the problem of holding too little liquid once the firms
generate high level of profitability.
Second, the Pecking
Order Theory implies
that "there is an opposite relationship between the levels of debt and
profitability". It means that, if the firms has higher debt ratio, the
firms would have low or decreasing profitability and vice versa. Myers and
Majluf found an inverse relationship between profitability and debt.
Profitable firms with higher level of retained earnings will not be over-dependant
on external financing. Thus, a pecking order theory suggests that the
firms should rather use the internal fund instead of the required external fund
or debt to finance their operation in order to overcome the problem which will
potentially affect the firm's value. As reported in a study by Raheman and
Nasr, as the firms' leverage increase, it will have a significant and negative
impact on its profitability.
Return on asset (ROA)
(Net income)/(Total assets)
Cash Conversion Cycle (CCC)
(Average Collection Period)+(Average
Payable Period)+(Inventory Turnover Period)
Average Collection Period (ACP)
365/Accounts Receivable Turnover Ratio
Average Payment Period (APP)
365/Accounts payable Turnover Ratio
Inventory Turnover Period (ITP)
(Inventory)/(Cost of Goods Sold ×
Debt Ratio (DR)
(Total Liabilities)/(Total Assets)
Firm Size (SZ)
Natural Logarithm of Sales
H1: There is a relationship between log cash conversion cycle and
firm's profitability
H2: There is a relationship between log Average collection period
and firm's profitability
H3: There is a relationship between log Average Payment period and
firm's profitability
H4: There is a relationship between log Inventory turnover and
firm's profitability
H5: There is a relationship between debt ratio and firm's
H6: There is a relationship between firm size and firm's
(Jakpar S, Tinggi M, Siang TK, Johari A, Myint KT, et al. 2017)
The Type of Research will be
Quantitative Research.
In this study, the financial data are collected from the Annual
Reports of relevant companies listed at the Pakistan Stock Exchange (PSX) which
is Pakistan
Stock Exchange (PSX) is the stock exchange of Pakistan with trading
floors in Karachi, Islamabad and Lahore. The sample consists of 100 firms in manufacturing sector over a
period of five years spanning from 2010 to 2014. The financial data of those
companies include firm's Net Sales, Purchases Inventory, Cost
of Goods Sold, Net Income, Total Assets, Total Liabilities
and Account Receivable.
Correlation coefficient test:
Correlation coefficient will
be used to measure the strength of the relationship between two variables such
as dependent variable and independent variable. It is conducted to determine
the relationship between the five independent variables namely Average
Collection Period, Average Payment Period, Inventory Turnover Period, Cash
Conversion Cycle, Debt Ratio and Firm Size with the dependent variable of
return on assets ratio.
regression analysis:
The model of Pooled Ordinary Least
Square (OLS), Random Effect and Fixed Effect Model will be used in this study
in order to estimate the impact of working capital management on profitability.
The regression model as follows:
?3(LAPPit)+?4 (LICPit)+?5(DRit)+?6(SZit)+?it
C = Constant term
ROA = Return on Assets
LCCC = Natural logarithm of Cash Conversion Cycle
LACP=Natural logarithm of Account Collection Period
LAPP=Natural logarithm of Account Payment Period
LICP=Natural logarithm of Inventory
Conversion Cycle
DR=Debt Ratio
SZ=Firm Size (measured by Log of Sales); ?=Error Term


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House debates
Thursday, 21 February 2019
Questions without Notice
2:35 pm
Lucy Wicks (Robertson, Liberal Party) Share this | Link to this | Hansard source
My question is to the Minister for Jobs and Industrial Relations and the Minister for Women. Will the minister update the House on how the government's strong economic plan is helping to get more Australians, including more women, into the workforce? And what are the risks of a different approach?
2:36 pm
Kelly O'Dwyer (Higgins, Liberal Party, Minister for Jobs) Share this | Link to this | Hansard source
I thank the member for Robertson for her question. She knows that the coalition's economic plan is working and it is delivering for all Australians—delivering lower taxes, delivering a growing and strong economy, and, importantly, delivering more jobs. Of course, the proof of that was with the latest ABS labour force figures.
There are more Australians in work now than ever before. In January we saw employment increase by 39,100. It means, of course, that we have seen an increase as well in full-time employment. We have seen the growth accounted for in full-time employment account for 87 per cent of the total increase in full-time jobs over the last 12 months. And it means that there are more Australians in full-time work than ever before, with both male and female full-time employment at record highs.
Of course, there is a particular gold medal performer in this department, and that gold medal performer is Premier Gladys Berejiklian. The New South Wales unemployment figure has gone down to 3.9 per cent—the lowest on record since 1978. Of course, that was the year after I was born. Employment in New South Wales has reached record highs. Full-time employment has risen by more than 49,000 in January of this year. Of course, Gladys Berejiklian is not just a brilliant Premier, she is a brilliant woman.
As Minister for Women, I can also deliver good news that the gender pay gap has also gone down. The gender pay gap is now at a record low—at 14.2 per cent. It has gone down from 17.2 per cent—
Mr Brendan O'Connor interjecting—
Tony Smith (Speaker) Share this | Link to this | Hansard source
The member for Gorton is now warned.
Kelly O'Dwyer (Higgins, Liberal Party, Minister for Jobs) Share this | Link to this | Hansard source
which was Labor's record—17.2 per cent. I know they hate it. They find it really uncomfortable whenever I mention it because, of course, it is an achievement of our government to get it down.
What are the risks? Well, the risks are obvious. The risks of a Shorten Labor government are $200 billion worth of new or increased taxes—taxes on your retirement, taxes on your superannuation, taxes on your home, and, in particular, taxes on small businesses that are structured as trusts. Small business, of course, is one of the greatest engines for employment growth in this country, employing around seven million Australians. I don't know what they've got against small business, but I can tell you this: we are for small business, for job creation and for all Australians.


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Mar 26, - More and more men and women are choosing to ride their own way, at their Feeney riding her bike along the Brisbane River in a dress and.
So what should you wear?
Cycling is more pleasant on quiet routes but main roads might be the only option for part of your journey. You are here: Commuter Bike Clothing So, what should you wear for your cycle commute?
Cycle-Specific Clothing Traditional cycle clothing is synonymous with tight-fitting garments made of materials like lycra; which is designed to fit like a glove, free up your movement, and reduce sweat.
Padded compression cycling shorts - These provide crucial protection from your saddle. Saddle sores are a nasty side-effect of cycling that can be avoided with the magic combination of the right saddle and clothing.
Padded cycle shorts will increase your comfort and allow your legs dedham bike move freely without resistance or chafing. Cycling jersey - Cycle jerseys are another tight-fitting lycra number. They help reduce sweat and include features such as back pockets, which are designed with cyclists in mind.
Not only can you carry your immediate supplies, but a good cycling boys red bike will keep you covered and manage your temperature in both warm or cool weather.
Jacket — A riding a bike in a skirt jacket has similar properties to the cycling jersey. If you lean aa when cycling, your jersey can ride up and leave your back exposed, and bib tights are ideal for preventing this.
Cycling gloves — As well as keeping your hands warm, gloves are crucial for comfort and control. They ease pressure points and keep moisture and sweat from affecting your grip. Cycle shoes — The right shoes will help you ride as efficiently and intuitively as possible.
You can opt for flat pedal shoes or ones that clip into your pedals. Either will offer extra control and help make your commute easier. Cycling glasses — Eye protection is slirt for both safety and comfort.
Any dirt, spray and even drafts are kept at bay with a pair of cycling glasses. Helmet — On course, an absolute essential item of cycle-specific clothing is the helmet. Whatever else you choose to wear; your riding a bike in a skirt is a must. If you want to wear cycle-specific clothing, three layers is once again, normally all you need: A short or long-sleeved base layer, which is the same as a thermal vest A long-sleeved cycling lite bike 2 or gilet A breathable, waterproof cycling jacket A gilet is another useful piece of kit for winter cycling.
What to Wear on Your Hands When Cycling in Winter Any gloves ridingg better than none, although wind will easily cut through thin woollen or polyester gloves.
It seems the popular belief is, the only thing skirts are good for is tea parties. And doing anything active in one is dangerous and nearly impossible. The key is to wear the right kind bikr skirt. Certain styles are better suited for certain tasks, than others.
Through the years, I have learned, largely through trial and error, which ones worked best for what. Today, I am going to share with you what I have discovered. But good karma bikes we dive into the different styles, first a quick aside.
There is a second major key to staying active and modest while wearing front forks mountain bikes. And that is: This allows you to jump, bikd, kick, and ride, riding a bike in a skirt the fear of your skirt flying up and everyone present getting an eyeful. Women have been wearing skirts for millennia, but traditionally they have always worn something underneath them, whether shifts or petticoats and drawers, or all three.
So, take a cue from our fore mothers and make sure you have the proper under gear to stay confident and comfortable. Bike riding in a skirt is one of the areas, babe and bike I have the most experience.
It used to be a favorite afternoon activity for me and my siblings in our childhood.
And in more recent years, it was how I commuted to work. When you are choosing a bike riding skirt, make sure to avoid anything short and swingy or very long and straight cut.
Knee to calf-length skirts with a large hem circumference such as circle, teired, and tulip skirts have the tendency to blow up in the wind and get caught in the bike chain. And straight cut skirts are difficult to pedal in, because they do not have a large enough circumference to allow free leg skitt.
Reuse this content. Order by newest oldest recommendations. Show 25 25 50 All. Threads collapsed expanded unthreaded. Loading comments… Trouble loading?
Most popular. How to bike while wearing a skirt is not something I've ever really thought about, I have to admit.
But if I ever decide to ride while wearing a kilt, I'll be sure to try this clever tip by Johanna Holtanthe creator of Penny in yo' Pants.
The video seems to be hitting a nerve with the skirt-wearing cyclists out there, because it already has 2.
I much prefer to see cycling videos go viral than cat videos Trying out first prototype of pennyinyopants on my way to work! And if this is too low tech for you, Johanna writes: It just feels right.
So take this info with a grain of salt, throw your leg over a couple of bikes and go ride! PDX or Denver area, check us out and come in for a test ride! This is evo. Still have questions?
News:Every bicycle ride can be a flashback to when you were 12, aka absolutely carefree. Nowadays you're more likely to be picking up groceries and other adult.
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No exchange - All sales are final
If you can picture yourself sitting under the stars in front of a raging fire on a cold Winter's night, glass of imperial stout slowly warming in one hand and a fine cigar in the other, this event cannot be missed.Set in the picturesque grounds of Gunabul Homestead in Gympie, the World of Darkness promises to be an event unlike anything ever seen before in this region.The team from Zesty Edibles at Gunabul Homestead have searched far and wide to bring you a selection of the finest dark beers in the World specifically to be tapped on the night for your enjoyment including:Founders Brewing Co. Imperial Stout -10.5% ABV8 WIRED BREWING iStout -10.5% ABVHawkers Beer Bourbon Barrel Aged Imperial Stout -12.2% ABVBridge Road Brewers / Mikkeller HQ Dark Harvest - 6.6% ABV plus one more secret beer which will be announced closer to the date of the event!Catering on the night will be provided by our good friends Beauty and the Beard Eats and Events and will consist of 4 courses of locally sourced low and slow smoked favourites, prepared throughout the evening and served on the verandah.The ticket price includes a 250ml serving of each of the 5 beers mentioned, poured in a commemorative glass for you to keep plus the 4 course dinner. Extra pours and growler/squealer fills will be available for unbelievably low prices also. Tickets are $65 each and will be available online or instore at Gunabul Homestead.BYO cigars if you wish to enjoy one with your beer and we would like to advise that this will be an 18+ event only.
Please pre-book.
Tickets are $65 each and will be available online or instore at Gunabul Homestead.
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About Us
Located in Placer County, CA, a state Fire Hazard Severity Zone, Jeff Baumann owns a five acre ranch. Watching the 2017 fires in CA being declared a national disaster, he wanted to do something to help protect property and homes from wildfires. An engineer by trade Jeff started to work on a fire protection system. Within a short time Jeff formed Property Fire Protection LLC and a unique state of the art solution. He invented the Property Fire Protection System or PFP System. The PFP System is a patent pending gas powered high pressure pump system, that utilizes a water cannon to saturate your home and property, with your own water source, in the event of an evacuation wildfire. Designed with his own ranch and livestock in mind, he wanted to have some defense to a fire. Property Fire Protection LLC is dedicated to giving home and property owners a defensive solution to help save their most valuable asset.
Why put your properties survival at risk, when you have an affordable solution to protect it!


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Industry News by Nemesis
Diamcor Rough Sales Fetch $141/ct.
September 28, 2016
Diamcor Mining sold $1.2 million of rough diamonds in the second fiscal quarter ending September 30, at an average price of $141 per carat.
The miner tendered and sold 8,274 carats, a surge of 171 percent from a year ago. The revenue comprised $537,620 from a July tender and $629,318 from a sale in September, according to Diamcor, which sources its rough from a mine in South Africa named Krone-Endora at Venetia.
The average prices at the tenders were consistent with company expectations and "reflect the continued price weaknesses in certain categories of rough diamonds," the company said.
Source: Rapaport
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If two expressions are connected by the sign of equality, this means that they can be substituted for one another. But whether this is the case must show itself in the two expressions themselves.
It characterizes the logical form of two expressions, that they can be substituted for one another.
6.231 It is a property of affirmation that it can be conceived as double denial.
It is a property of "1+1+1+1" that it can be conceived as "(1+1) + (1+1)".
6.232 (3) Frege says that these expressions have the same meaning but different senses.
But what is essential about equation is that it is not necessary in order to show that both expressions, which are connected by the sign of equality, have the same meaning: for this can be perceived from the two expressions themselves.
6.233 (1) To the question whether we need intuition for the solution of mathematical problems it must be answered that language itself here supplies the necessary intuition.
6.234 (1) Mathematics is a method of logic.


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Minister for Labor and Social Policy, Mila Carovska reiterated the need of joining efforts not only for bettering the regulation regarding the health and safety at work, but to increase the effectiveness of the inspection services in this field. Only through solidarity can the workers enjoy safer conditions and can become more productive in their jobs.
During the event, the new edition of the publication "TUTELA" was presented with unique articles containing information relevant to both the experts and the workers in the health and safety field.
St. Borka Talevski 42/6
1000 Skopje
North Macedonia


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Crafted from brushed aluminium, this sculpture depicts an abstract standing figure. On a chunky base, this makes a great centrepiece or the accent for a console table. Why not couple with our other figurine for the perfect pair?
110x165x740mm (WxDxH)
Come in and see us or buy online - we have a collection of pieces all chosen and hand finished by us, and if you cant see what you want from our collection, we can help you source and finish a suitable piece in any way you want. Just come in and see us or get in touch at firstname.lastname@example.com
Brushed Aluminium Decorative Sculpture (2)
Whilst every care is taken to photograph and detail each piece as accurately and in as much as detail as possible, it is the buyers responsibility to make sure that the piece will fit in the space required and is suitable for the intended use.
Refunds will not be given where an item is determined not to be suitable or will not fit. Refunds are not normally accepted for changes of mind either. Any returns that are accepted (at our sole discretion) are done so at the buyers cost, i.e. no refunds of shipping or handling costs will be provided.


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Troll Skin (Rank 2)Edit
This Gift allows the Fenrir to draw on the power of earth for protection, just as the legendary trolls and even Jotunn were able to do. When the Get activates this Gift, her skin grows tough and thick, covered with warty knots of hard, armored flesh. This Gift is taught by an earth elemental.
The player spends one Gnosis point and rolls Stamina + Primal-Urge (difficulty 7). For each success, the character receives one extra die on her soak roll. These extra soak dice cannot be used to soak silver damage; the Gift lasts for one scene, or until the Get chooses to dismiss it. Troll Skin is, alas, quite disconcerting and unpleasantly pungent. While the Gift's effects last, the difficulty of all Social rolls is increased by 1.
Source: Get of Fenris Tribebook Revised