Effects Of Alcohol On The Society - 2170 Words

Alcohol, or more accurately identified as ethanol, is the type of alcohol in alcoholic beverages. It can be a very controlling and addictive drug. Alcohol can be produced both synthetically and naturally through the process of fermentation of fruits, vegetables, and grains. Although alcohol can be considered a social icebreaker and may seem to produce an energy rush, this initial reaction hides alcohol’s true effects as a depressant that slows the nervous system. Alcohol can affect a person’s motor skills by slowing the reaction time, impairing vision, diminishing clear thinking and good judgment. Addictive consumption can have both adverse social and economic effects on the individual drinker, the drinker’s immediate environment and society as a whole. Due to alcohol consumption on the material welfare of the society as a whole, binge drinking leads to a negative impact of social and economic costs, impacting directly- the value of goods and services delive red to address the harmful effects of alcohol, and indirectly- the value of personal productive services that are not delivered as a consequence of drinking. Alcohol is the foremost drug of abuse in the United States today, following the effects of alcohol abuse and alcoholism. It has a negative impact on society as a whole in terms of resources required for criminal justice, health care costs and other social institutions, being damaging to our nation s economy both directly and indirectly just as the healthShow MoreRelatedAlcohol And Its Effects On Society1647 Words   |  7 Pagesknown as alcohol. Most people do not consider alcohol a threat to society.or think that it should be a controlled substance. They feel that as long as they do not drink too much, there is no harm in it, but they are wrong. Alcohol should be categorized as a controlled substance because it causes health problems, impairs judgment, contributes drastically to accidents, is extremely addictive, increases abuse and crime, escalates divorce rates, and is especially harmful to teen drinkers. Alcohol causesRead MoreAlcohol And Its Effect On Society2682 Words   |  11 Pages Throughout our history, alcohol has been around for over 100 years. Alcohol has been used for many purposes such as medicinal; to receive nutrients in the body and fore most the biggest role it has served is as an intoxication. Everyone, from our ancestors to now, have used it as a way to relieve stress; to not feel any type of pain, or as a way to party and get their mind off of things for a while. In addition, alcohol is also used to increase an individual’s appetite. It may benefit some but itRead MoreThe Effects Of Alcohol And Drugs On Society Essay1510 Words   |  7 PagesAlcohol’s importance in our social history is sufficiently great. Even more significant is the abuse of alcohol and how alcohol has affected modern society. For several decades, alcohol and drugs has been a major problem in our society. Not only has the drug problem increased but also drug related problems are r ising day by day. There is no crime in the world that kills teenagers more than alcohol does. Those substances affect the body in many ways. As they say, anything that anyone gets addicted toRead MoreAlcohol Drugs And Its Effects On Society940 Words   |  4 Pagesdrugs; alcohol which is a licit drug, and heroin which is an illicit drug. We will touch the following subjects and how they may impact the family, what the impact is on themselves and comparing what continued use could do and the benefits they would have from quitting. Alcohol is a licit drug that many people have tried; in the United States, 86.8% of people reported to drinking alcohol at least once in their life. When people abuse alcohol, it is known as alcoholism. Not only does alcohol have aRead MoreThe Effects Of Drugs And Alcohol On Society1552 Words   |  7 Pages everyone tells me I am happy, I help others in need, I am respectful, and I am imaginative. My parents have always been positive influences in my life. They have helped me in being the person who I am today. I have been shown that drugs and alcohol are not needed at a young age, or at all. When you are older and your brain has fully developed maybe then you can start drinking. Drugs can harm you and put you down a terrible path. By this, it has helped me make positive choices in my life. I eatRead MoreThe Effects Of Alcohol And Drug Abuse On People, Families, Friends And Society1013 Words   |  5 Pagesexplain why alcohol and drug abuse have a negative impact on people, families, friends and society. The abuse of alcohol and drugs knows no boundaries, it does not discriminate. It affects rich and poor, black and white, young and old. Many people don’t consider alcohol as a drug since it is â€Å"legal† after age 21, but in reality it is one of the most addictive â€Å"legal† substances on the planet. They don’t realize that they have a problem when in reality what they have is an addiction. Alcohol isn’t theRead MoreAlcoholism : A Growing Problem1468 Words   |  6 Pagesgrowing problem in today s society. What is alcoholism? Is it a disease? What are the causes of it? What toll does alcohol abuse have on individuals? American society? American economy? What kind of treatments are available to reduce/cure alcoholism? What is alcoholism? Alcoholism is a physical or psychological need for an alcoholic beverage, which is taken for non-medical reasons and produces a noticeable effect on the body (Sheen 93). People develop the need for alcohol for many different reasonsRead MoreThe Effects of Alcohol Abuse1472 Words   |  6 Pagesdoing things they should not. Alcohol is one of those things. Alcohol is extremely easy to get ahold of. It can be attained from anywhere; there are bars and liquor stores on every corner. One can get alcohol in grocery stores, gas stations, people can even brew it themselves if they know how. Alcohol that is commonly abused comes in a large variety ranging from weaker alcohols like wine and beer to stronger substances like tequila and vodka. When one abuses alcohol it taints the minds of even theRead MoreEffects Of Alcohol During Athletic Activities816 Words   |  4 PagesAlcohol has many negative effects on those who participate in athletic activities. The NCAA warns â €Å"Excessive alcohol can lead to loss in balance and coordination, reduced reaction time, and increased appetite. The decline in cognitive function can lead to an increase in sports-related injuries† (SCAN Registered Dietitians, 2013). This only scratches the surface of negative effects. Drinking alcohol prior to an athletic event often leads to dehydration which causes problems such as â€Å"increased coreRead MoreThe Effects of Lowering the Drinking Age to 181126 Words   |  5 PagesProfessor Woodward Rhetoric and Composition 15 December 2012 Lowering The Drinking Age Alcohol is considered to be a large problem in society today. Especially with young adults between the ages of eighteen and twenty-one. Which presents the question of whether or not the drinking age should be lowered. Lowering the legal drinking age to eighteen would have positive and negative influences on society. Positive through raising more government taxes and keep high school age and young college

The Fight Against Ielts Essay Samples Band 9 Pdf Task 1

The Fight Against Ielts Essay Samples Band 9 Pdf Task 1 Ielts Essay Samples Band 9 Pdf Task 1 Fundamentals Explained So, it's important to present your eyes rest for a little while by taking rests after particular time intervals. Check out whether it is possible to turn the page with some arrow keys or click a particular portion of the display, aside from utilizing the mouse to control everything. On the flip side, there are a few disadvantages of tracking family history. Top Choices of Ielts Essay Samples Band 9 Pdf Task 1 To start with, if you get an excellent deal of money there's no actual reason to go out to work or to strive for anything. You've outlined what it is that you are going to speak about and at precisely the same time made your opinion very apparent. Many people think that money is the secret to happiness and that the more cash you possess the happier you become. On the flip side, the quantity of money paid out on the rest of the goods was higher in France. The Little-Known Secrets to Ielts Essay Samples Band 9 Pdf Task 1 There is an extensive range of rather natural vocabulary required to spell out a graph and there are not any spelling mistakes. To accomplish a high band score you want to use a number of vocabulary and sentence formations. There aren't any grammar mistakes in the answer and there's a superb selection of complex structures. It's also best to be aware an exception. The most popular reason behind tracing the roots of someone's family history is that it may just be plain fascinating. Do not allow this to type of excellent opportunity depart. The very first thing we should do is decide whether the bar chart is static or dynamic. For instance, it is valid to argue that lots of young people today want to emulate the fashion styles of their idols. The Tried and True Method for Ielts Essay Samples Band 9 Pdf Task 1 in Step by Step Detail Besides offering somewhere to save all of your valuable eBooks, the eBook rea der software even supply you with a significant number of features in order to improve your eBook reading experience in connection with the normal paper books. You ought not use the eBook continually for many hours without breaks. It'll be useful to have a fantastic eBook reader to be in a position to truly have a good reading experience and premium quality eBook display. An amazing eBook reader ought to be set up. The One Thing to Do for Ielts Essay Samples Band 9 Pdf Task 1 The charge card number is 4531 7602 2597 8413. Unfortunately there was not any bank card enclosed in the envelope once I opened it. Additionally there's the matter of the rights of the person. A significant disadvantage of an admission fee is the chance of cutting back the amount of visitors. Given an essay is a lengthy bit of writing condensing into a 5 page structure is a powerful approach to help it become comprehensive. Our sample essay has a very simple but excellent introduction in which it de monstrates that the examinee has knowledge of the subject and clearly states the writer's position to establish the remainder of the essay. Here's a task 2 writing sample that will help you do that. It must be noted this isn't a real IELTS task 1 question. Looking at IELTS essay topics with answers is a significant means to assist you to get ready for the test. Thus don't get intimidated if you believe you can't write such essays. A well-structured essay has a very good introduction, body paragraphs that are simple to follow and connect together, and a great conclusion. Examine the model essay and read the comments. How to Choose Ielts Essay Samples Band 9 Pdf Task 1 It's not necessary to incorporate any data within this paragraph, just tell the examiner what is occuring in general terms. It follows clearly from the last paragraph that has highlighted these 2 nations. The opening paragraph has all of the key details about the graph but itparaphrasesthe question. Paragraph 1 Paragraph 2 Provide a summary of the key capabilities. The Nuiances of Ielts Essay Samples Band 9 Pdf Task 1 There are various sorts of apology letters that might be between individuals or groups. Make sure you stay away from these mistakes! Also, certa in kinds of information in the incorrect hands can be devastating for society. Some folks might also be against immunisation on religious grounds and their needs also have to be considered. Folks may also turn to their social relations for advice when they will need to purchase something. Some of our group will want to employ geological picks and other equipment, if at all possible. General Task 1 questions are composed of 3 unique pieces. Structure I advise my students to obey a basic four paragraph structure for these sorts of questions. Exhibits are among the few cultural activities they may enjoy at no charge. Essays term papers dissertations and a lot more. Ok, I Think I Understand Ielts Essay Samples Band 9 Pdf Task 1, Now Tell Me About Ielts Essay Samples Band 9 Pdf Task 1! BODY 1 Scientific breakthroughs can be achieved faster and more when people don't have to have financial backing to obtain the required understanding. Folks need to be careful to underestimate the worth and power of knowledge. Freedom of expression and speech is an essential portion of the majority of modern societies. Some people feel that we need to use traditional approaches to address our problems, others say that we ought to use modern approaches. Among the biggest mistakes you can create in task 1 is including all of the info you see. Non-stop hard work and diligence lead to success in the actual exam! Moreover, it's time saving way of solving problems quickly. It's a significant approach to assist you to get ready for the test.

Character of Dr.Faustus free essay sample

Character Sketch of Doctor Faustus : Introduction : Aritstotle approved a great importance to Dr. Faustus and approved as a hero. This excellent Faustus damned by accident or decided by God. He is frightened by the devil and has been ordered not to repent. When he really repented Faustus is an individual. He, the young extremist, eager, buyont with brilliance energetic investigate his mind. Faustus is a chaos of willpower and helpless. There is a fundamental instability in him. Faustus’ Sin is ‘Pride’ : In order to study the art of magic, Faustus discussed two world-famous magicians named Valdes and Cornelius. But before his consultation his conscience advices him to read the scriptures and not to study necromancy, because magic is damned art, which degrades the soul of man. But the evil curiously tempts Faustus to study magic. Faustus studied the art of magic successfully the first experiment the result of Mephistophilis the attendance spirits of devil appears to do biddings. We will write a custom essay sample on Character of Dr.Faustus or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Mephistophilis tells Faustus that before he commands the spirits of various elements of nature he must give up the scriptures, Jesus Christ and God. Faustus assures Mephistophilis he has already done so and completely surrendered in the hands of devil. Further he says that if he can get freedom of Knowledge and Power for twenty five years then only he is prepared to surrender his soul to Devil. Before he signs the contract the noble voice of conscience advices him to give up the art magic. When Faustus stabs his arm in order to get some blood to write the bond his blood seems freeze. This signifies that Faustus is not fully evil there is some touch of good in him, he is not completely fallen. Faustus notices in his arms the words to â€Å"fly away†. This is a warning to Faustus. Faustus got slightly upset Mephistophilis tries to divert his mind by putting up a puppet show which gives Faustus some gold coins, gorgeous garments finally the bond is executed. Then Mephistophilis tries to give Faustus some idea of hell which is a place of eternal torture. The real psychology of Faustus is that he has got intoxicated with dreams of power, wealth, enjoyments. He is not prepared to think of evil rights. After gone round and surveyed the universe, when Faustus returns home some scholars questioned about the cosmography and cosmogony and about astronomy and astrology whose honest curiosity Faustus satisfies thoroughly earns a world fame. He is feasted by Emperor Carlous with the vision of Alexander and his paramour. He then entertains with his magic feast the Duke and the Duchess of Vanholt. Finally Faustus feels again painful of conscience that is why the old man appears before him and repriments (disapproved) for the activity in necromancy urges him to repent to God for his forgiveness. Faustus cries out pathetically. Mephistophilis appears before Faustus rebukes him for thinking of repentance and God. Again Faustus overwhelmed by influence of Devil. He executed second bond by way of assurance of his loyalty to Devil. He craves for Helen the imperial beauty of Troy as his mistress. To enjoy the limbs and pricks of conscience. This is how the criminals of the world try to have their consolation for time being believes that they can prevent themselves from sin. Unfortunately they cannot. Faustus manifests at one a moral provocation superior to God. Anticipating his last hour, he refuses the scholars support. In fact Faustus is a typical Marlowe representing the characteristic of renaissance man. From the life of Dr. Faustus it is a lesson, Doctor Faustus when may not be tempted by evil, curiosity, to follow and corrupt pursuits which merely to degrade the soul of man and cut short his life. By this it is learnt Marlowe advices there should be some limit to unravel all mysteries of the Universe. Excessive curiosity or knowledge which leads man to adopt man to methods.

A Christmast Surprise for Gramma free essay sample

A Christmas Surprise for Grandma by Gloria J. Shuttleworth Grandma lived on Sugar Creek Mountain all alone. It was a beautiful mountain, with tall cedar trees all over the mountain top. In the middle of the mountain was a crystal clear lake. The water in the lake was the prettiest blue youve ever seen. When the water was calm, you could see the fish swimming around in the lake. I loved sitting by the lake when I was a little girl. Grandma would pack us a lunch, and we would sit at the lake for hours on end. Hour after hour, grandma would tell me stories about her life on the mountain. I remember the day that grandpa drowned in the lake. My parents had tried to talk grandma into moving into town, but she wouldnt hear of it. My parents knew not to argue with her, because they knew that grandma was set in her ways. We will write a custom essay sample on A Christmast Surprise for Gramma or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Ive been on this mountain for so long that Ive forgotten which is the oldest, me or the mountain, grandma had said, with a twinkle in her eyes. I knew my parents worried about her being alone, because grandma was the only person who lived on Sugar Cliff Mountain. Today I was going to visit grandma, and the excitement grew inside me at the thought of spending time on the mountain once more. After all, it had been ten years since I had seen grandma. Its hard to believe that my career had kept me away for so long. As I approached the top of the mountain, I could see grandma staring out the window of her little log cabin home. Grandma greeted me at the door with a big hug. I am so happy that you could come to visit with me, said grandma. This Christmas is going to be so wonderful! I have a special surprise for you dear. Little did grandma know that I had a very special surprise for her as well. Well, we cant stand around here all day, said grandma. Theres a lot of work to get done. I have invited the people from the village to come to my Christmas party on Saturday evening. After I had freshened up a bit, we spent the day baking all sorts of cookies and candies. Grandma had a story to tell as we baked the goodies for the party. She told me about how she used to bake apple pies for grandpa. He loved apple pies, said grandma. Those were his favorite. She said that after the pies would cool off, that grandpa would send her into the living room, under the pretense that he would clean up the kitchen. Grandma knew what he was really up to, but she never let on that she knew. Grandma would go into the living room and sit in her rocking chair. She would sing some of the songs that she knew grandpa loved. About an hour later, grandma would wander back into the kitchen. Why Henry! she said kitchen, grandma retired for the evening. I made myself a cup of tea and sat down in front of the fireplace. Sitting alone in the quiet house, I pondered my childhood memories of my grandparents. They had always been such a fun loving and happy couple. Shortly after they were married, grandpa built the log cabin home for his Little ole Emmy, as he called her. Just before Christmas, almost twelve years ago, grandpa was outside gathering firewood, when grandma heard a horrible scream and a terrible noise. She ran outside to find that an area of the ice on the lake had fallen through. She yelled for grandpa over and over but no reply ever came. They searched the lake for over a week, but no trace of grandpa could be found. Finally, they called off the search. One of the men who had helped in the search said theyd probably never find grandpa now. Just then, as my thoughts were still racing around in my head, my grandmother brought me back to reality. We have to be up very early in the morning dear, so off to bed now, she said. I slowly walked to my grandmothers room, and kissed her goodnight. Morning came early at grandmas house. As I entered the kitchen I could smell the homemade biscuits and gravy cooking on the stove. Whats on our list of things to do today? I asked. The men are coming from the village this morning to put the lights on the trees, and we have lots of presents to wrap for the children, she said. Just then, there was a knock at the door. It was the men from the village ready to start putting up the lights. Grandma was so excited as she stepped back to watch them. Lets wrap those presents now Laura, said grandma. As I watched grandma wrap the presents and tie the ribbons, I knew that so much more was being placed around them. With each piece of wrapping paper grandma was also wrapping them with love. After the last present was wrapped, we realized that wed been wrapping presents all day! It was now getting dark outside and grandma wanted to go outside to view the lights. As we stepped out onto the porch, we gasped. The sight that met our eyes was so beautiful to behold! The snow was glittering and the reflection of the lights on the snow was beyond words! It was breathtaking! That night I went to bed with a heart full of love for my grandmother. I knew that someday I wanted to be just like her, full of love for others. Saturday evening the village people started arriving just after dark. Grandma always waited until evening to have her Christmas party, because she loved the lights. All the guests gathered around in the front yard and began to sing Christmas carols. Oh, how grandma loved that! Ole Ben was a jolly fellow who worked at the village store, and he was chosen to help Santa hand out the presents. The children shouted with glee, as they unwrapped their gifts. Grandma said, Laura, come here dear, I have a surprise for you. As she handed me the present, I could see the love and pride in her eyes. I love it grandma, I said, as I bent down to kiss her cheek, I will cherish it forever. Grandma had made a quilt out of some of my dresses that I had worn as a little girl. Grandma, if you could have just one special gift for Christmas, what would it be? I asked her. Without even stopping to think, she replied, I would like t o see your grandfather just one more time, so I could feed him the apple pie that the horses quit snatching when he left us. Just then grandmas face lit up like the lights on the Christmas tree! Everyone turned to see what grandma was looking at. Walking slowly toward her, with an apple pie in his hand, was grandpa! There was two slices missing from the pie that he was holding. The village people were speechless, as they thought they were seeing a ghost. Grandpa chuckled, as he yelled out, Emmy, those darn horses snatched the pie and got away with two pieces. Difference to me, but slowly my memory started to return. I remember now going out to gather firewood. There was a nice piece of wood on the lake. I thought the lake was frozen over so I stepped out on the lake to get the piece of wood. I remember hearing the lake crackle and thats the last I remember about the accident. Laura, how can I ever thank you for bringing grandpa home to me? asked grandma. Laura replied, Seeing the happiness and the love you have for each other is all the thanks I need. As Laura retired to bed that night, she couldnt help but think about the surprise that she had given to grandma for Christmas. She knew in her heart that it was the best surprise present that grandma would ever get. What a warm and wonderful feeling came over Laura as she fell asleep, thinking of her grandparents.

Leonardos began when his father moved to Florence Essays

Leonardos began when his father moved to Florence Essays Leo Leonardos began when his father moved to Florence as the procurator of the Convent of St. Martire in 1469. There, Leonardo worked in the legendary workshop of Andrea del Verrocchio. He worked together with Perugino, Botticelli, Ghirlandalo, and Lorenzo di Credi. Leonardo worked with other people on the painting Baptism of Christ. He regestered in the Guild of Florentine Painters and becomes the Guilds debtor in 1472. A year later, he paints a Wide View Over A Plain with a view of the Montalbano towards Valdarno and Valdinievole. It is the first reliable point of reference in the cronological index of Leonardos works. He was charged with homosexuality in 1476 and was released on probation. He continues to work in Verrocchios workshop. Lwonardo creates the first folios of the Condex Atlanticus two years later.In 1480 Leonardo went to work for Lorenzo Magnifico in the garden of S. Marco.

Marketing research of Holland & Barrett Essay Example | Topics and Well Written Essays - 3750 words

Marketing research of Holland & Barrett - Essay Example Holland and Barrett is a European retailer company which deals in the products of herbal supplements, vitamins and other health care products. It is widely diversified company which operates through more than six hundred outlets. It mainly operates in UK and Ireland. The Holland and Barrett was founded in 1920 by Samuel Ryder. The head quarter of the company is situated in United Kingdom. The staffs of the company are well trained and most of the training is provided by the company itself. In 2008 Holland Barrette bought Julian Graves another health food retailer of United Kingdom, which expanded the number of the company’s outlets across UK and Ireland. The parent company of Holland and Barrette is NBTY Europe Ltd whose former name was Holland and Barrette ltd. The parent company was established in 2002. It is also based in UK and operates in the pharmaceutical sector. The Holland and Barrett offers a number of products from its retail outlets. All the products are health care products which can be categorized as food and health drinks, body building products and services, dietary products, multi vitamins, toiletries and other products. Food and health drinks contains various brands of cereals, confectionery, dried fruit, honey, nuts and seeds. Body building products includes a number of brands of protein supplements, creatine, amino acids, weight gain products, weight management products etc. Dietaries products have a number of brands which are all weight reducing products.... It is widely diversified company which operates through more than six hundred outlets. It mainly operates in UK and Ireland. The Holland and Barrett was founded in 1920 by Samuel Ryder. The head quarter of the company is situated in United Kingdom. The staffs of the company are well trained and most of the training is provided by the company itself (Holland and Barrette-a, 2011). In 2008 Holland Barrette bought Julian Graves another health food retailer of United Kingdom, which expanded the number of the company’s outlets across UK and Ireland (Holland and Barrette, 2008). The parent company of Holland and Barrette is NBTY Europe Ltd whose former name was Holland and Barrette ltd. The parent company was established in 2002. It is also based in UK and operates in the pharmaceutical sector. 2.2. Product and Service Analysis The Holland and Barrett offers a number of products from its retail outlets. All the products are health care products which can be categorized as food and h ealth drinks, body building products and services, dietary products, multi vitamins, toiletries and other products. Food and health drinks contains various brands of cereals, confectionery, dried fruit, honey, nuts and seeds(Holland and Barrett-b, 2011). Body building products includes a number of brands of protein supplements, creatine, amino acids, weight gain products, weight management products etc (Holland and Barrett-c, 2011). Dietaries products have a number of brands which are all weight reducing products (Holland and Barrett-d, 2011). Most popular brands of toiletries are chemical free deodorant, instant hand sanitizer and tea tree oil soap (Holland and Barrett-f, 2011). The major brands of

Report on Marks and Spencer Essay Example | Topics and Well Written Essays - 1500 words

Report on Marks and Spencer - Essay Example The current liabilities includes trade payables and other payables, borrowings and other financial liabilities, partnership liability to the pension scheme, derivative financial instruments, provisions and current tax liabilities. The company had Interest bearing debts from external sources of ?2,760.9 million and loans from partners to fund the pension scheme of ?71.9 million. Both consist of a mix of a long term portion and a short term portion which is due within the next 12 months. The table below provides that information for interest bearing or fixed interest debt.. Interest Bearing Debts Period Partnership loans ? Other Interest Bearing Loans ? Total Current 0 482.9 482.9 Non-current 71.9 2,278.0 2349.9 Total 71.9 2,760.9 2832.8 Marks and Spencer’s Financial Structure The following ratios in the table below will assist in the assessment of Marks and Spencer. Ratio Formulae 2010 2009 Debt Management Debt ratio (Total liabilities/Total assets) x 100% (4,967.3/7,153.2)x100 % = 69.4% (5,157.5/7,258.1) x 100 = 71% Gearing Ratio Interest Bearing Debts (IBD)/Equity + IBD 2,832.8/5,018.7 = 56.4% 3,200.6/5,301.2 = 60.38% Interest Cover Profit Before Interest and Tax (PBIT)/Interest Expense 852/162.2 = 5 times 870.7/214.5 = 4 times Liquidity Ratio Current ratio Current assets/current liabilities 0.80 0.60 Acid Test Ratio Current assets - inventory)/current liabilities 0.47 0.37 Debt Management The debt management ratios indicate how the company’s management has managed the debts of the company. According to Brigham (2005) the extent to which debt financing, which is also referred to as financial leverage is used by a firm has three implications. Firstly, financing the business using debt will allow share holders to maintain control of the company without increasing their investment in it. Secondly, shareholders returns can be substantially increased if the company earns more on investments that are financed with borrowed funds. However, financial risk increases as debt increases. Thirdly, creditors depend on shareholders to provide a margin of safety. Therefore the more funds supplied by shareholders the more comfortable they are in doing business with the company. Additionally, the interest expense which relates to interest charged on borrowed funds is allowable as a deduction for tax purposes. Dividend is not so allowed and is a distribution after tax is deducted. The Debt Ratio The debt ratio is the ratio of total liabilities to total assets and provides information on how much of the funds are provided by sources other than equity. The company’s debt ratio is 69.4% for the year ended April 3, 2010. Although this is an improvement over the previous year’s figure of 71%,. the guideline indicates that a percentage over 50% percent does not augur well. Marks and Spencer’s debt ratio is unfavourable and indicate problems with its financial structure. However, a comparison with the average in the industry in w hich Marks and Spencer operates is important. The gearing ratio below will provide additional information. The Gearing Ratio The gearing ratio is the portion of interest bearing debts to equity and interest bearing debt. The gearing ratio of 56% suggests that the company has a significant amount of interest bearing debt in its capital structure. The normal threshold of 50% has been exceeded. However, whether the ratio is favourable or not depends on the industry. The ratio for the year ende