Wednesday, February 26, 2020

Botticelli, Birth of Venus and Venus De Milo Essay

Botticelli, Birth of Venus and Venus De Milo - Essay Example The well-mixed primary colors resulted in clearly defined secondary colors. The colors provided an outstanding emphasis on the beauty’s milky skin color. Artists illustrate Venus as one of the most beautiful and chaste goddesses who remained as a symbol of coming spring. Painters designed her nudity to depict some significance in itself because all artworks of Renaissance history revolved around the theme of Christianity at that time. At the time, it was not easy to portray a woman as nude (Siapkas & Sjogren, 2013). Most aspects of Botticelli’s Birth of Venus manipulate in motion. For instance, a succinct observation of the orange tree leaves in her background as well as her hair shows that Zephyrs had blown them away. They are floating behind her, the cloaks and the waves gently breaking. Further, the breeze also blows and lifts her drapery of the figures. Representative/Objective The Venus de Milo statue had a carved right arm that lay across the torso with a rested right hand on the left knee that remained raised. Meanwhile, the left arm held up an apple at an eye level. The statute comprises two blocks of marble that sculptured on separate occasions, then joined at the hips (Judovitz & Duchamp, 2010). The sculptors used tendon joints to fashion the left arm and foot, though as different pieces. Venus de Milo had some of its parts broken during transportation including right hip and three other pieces.

Monday, February 10, 2020

LukoilBP Comparison Case Study Example | Topics and Well Written Essays - 1250 words

LukoilBP Comparison - Case Study Example Nonetheless, its performance in boosting its market value has been described as hyper in nature as evidenced by the graph below: This ratio is the company's share price at year end divided by basic income per share. Basic earnings per ordinary share amounts are calculated by dividing the profit for the year attributable to ordinary shareholders by the weighted average number of ordinary shares outstanding during the year. The average number of shares outstanding excludes treasury shares and the shares held by the employee share ownership plans. The following tables detail BP and OAO LUKOIL share price, basic income per share and the price to earnings ratio: BP, having wider operations than LUKOIL, registers a higher P/E ratio. However, computing for the rate of change of the P/E, it is found that LUKOIL is registering much higher growth than BP. The results are shown below: With this information, it can be seen that LUKOIL registers double digits for the P/E ratio. This growth essentially tells the investor that LUKOIL is outperforming BP. Although the investor can expect higher returns for BP, this may not be the case in the future as LUKOIL's P/E growth rate is double that of BP. Basically, the P/E ratio is expected to increase as Basic Earning Per Share are also up with share price also expected to increase because of the good performance of LUKOIL. ... Sample Computation: ( LUKOIL 2005) P/E = Share Price / Basic Earnings Per Share = 59.40 / 7.91 = 7.51 BP, having wider operations than LUKOIL, registers a higher P/E ratio. However, computing for the rate of change of the P/E, it is found that LUKOIL is registering much higher growth than BP. The results are shown below: Table 4. Rate of Change Profile P/E Rate of Change (%) 2003-2004 2004-2005 LUKOIL 13.62 28.60__ BP 6.07 12.36__ The computation for the rate of change was carried on using the following equation: Rate of Change = ( P/E for Year End - P/E for the Previous Year End) * 100% P/E for the Previous Year End With this information, it can be seen that LUKOIL registers double digits for the P/E ratio. This growth essentially tells the investor that LUKOIL is outperforming BP. Although the investor can expect higher returns for BP, this may not be the case in the future as LUKOIL's P/E growth rate is double that of BP. Forecast The most recent available projection for LUKOIL is a 9M 2006 projections and is conveniently compared to 9M 2005. It is shown below: Table 5. Financial Forecast Source: 2006 Financial Results from www.lukoil.ru/ investorcenter Basically, the P/E ratio is expected to increase as Basic Earning Per Share are also up with share price also expected to increase because of the good performance of LUKOIL. The company is currently very aggressive in entering and capturing a major portion of the US market. It has already purchased rights to Getty and its oil distribution facilities in the US. With regards to BP, the P/E ratio is forecasted to increase as well