Beginning of Catholicism and its Spread Around the World Essay

Beginning of Catholicism and its Spread Around the World - Essay Example The Birth of Christianity in Jerusalem The birth of Christianity was practically the beginning of Christ’s preaching in Jerusalem (â€Å"How the Catholic Church†). In Chapter 16 of the Gospel of Matthew, it is believed that Jesus established the Catholic Church when He asked the disciples, â€Å"Who do people say that the Son of Man is?† (Matthew 16:13, New American Standard Bible). Although the disciples have several answers, only Simon Peter’s sufficed when he said, â€Å"You are the Christ, the Son of the living God† (Mt. 16:16). Through this statement, one can see that Peter declared and affirmed Jesus Christ’s divinity. Jesus then formally established the Church by assigning Peter the equivalent role of Pope: â€Å"Blessed are you, Simon Barjona, because flesh and blood did not reveal this to you, but My Father who is in heaven†¦you are Peter, and upon this rock I will build My church† (Mt. 16:17-18). Jesus’ divine dec laration of Peter’s important role in the Christian Church happened in around 33 AD in Jerusalem (â€Å"How the Catholic Church†). It was actually Peter who eventually brought Christianity to Rome, where the religion became Roman Catholicism. The Emergence of Christianity in Rome Before Peter went to Rome to spread Christ’s church, he and the other disciples preached the gospel in Jerusalem first until around 45 AD (â€Å"How the Catholic Church†). Their accomplishments are all found in the Book of the Acts of the Apostles, where Peter declared once more the authority that Jesus conferred upon Him before the latter’s death: â€Å"Brethren, you know that in the early days God made a choice among you, that by my mouth the Gentiles would hear the word of the gospel and believe† (Acts 15:7). This authority of Peter was important in the early beginnings of the Catholic Church when there were no established doctrines yet except the teachings of Ch rist. Through Peter’s authority and as stated in the Acts of the Apostles, the apostles preached in Jerusalem, Judea, Samaria, Syria, Asia Minor, Europe and finally Rome (Darby). The joint efforts of Peter and the other disciples in spreading the gospel in the aforementioned places approximately lasted until the year 44 during the reign of the Roman Emperor Claudius, although some sources say it was during the time of the succeeding emperor, Nero (Robinson). The missionary activities of the 12 disciples of Jesus including Peter happened simultaneously with those of Paul, who arrived in Jerusalem in around 57 AD, and preached in Greece and Rome until his arrest and death sometime between 64 and 68 AD also during the time of Nero (â€Å"Paul’s Work†). The joint efforts of Peter, Paul and the other disciples of Christ in spreading the word of God in the Middle East, Europe and Rome may have caused their eventual deaths, but these efforts served as the seed from whi ch Roman Catholicism would be born. The Formal Beginnings of Roman Catholicism Between 100 AD and 200 AD, the need arose for the specifications of Catholic Christianity, especially on the subject of apostolic authority. There was a need to put into writing what it really meant to be a Christian and, thus, there was a need to organize the New Testament Scriptures, writings of the apostles, the Episcopal centers that the apostles established, in order to formulate a standard of Christian conduct (Guisepi). It was Irenaeus,

Income Statements Analysis Essay Example | Topics and Well Written Essays - 1750 words

Income Statements Analysis - Essay Example The â€Å"profit margin† is a good indicator of how a company is able to manage costs in its operations, for example, selling stock. It does not mean that if the total earnings of a company are increasing, then, the profit margin improves. When the costs increase at a greater rate than the sales, then the profit margin reduces. The opposite of this statement is also true. Note that net income is a perfect indicator of the financial health of a company. Net income also indicates the performance of the of the core business operations. The net income is calculated by deducting the expenses from the sales revenue (Fridson, Alvarez and Finance Pro, 2011). As stated earlier, the net profit margin is computed from the net income and sales’ values indicated in the income statement and thus it is also important to discuss the income statement in this section. The income statement mainly includes the items directly or indirectly related to the companies’ activities. The activities can be primary or secondary. Examples of the items included in the income statement may include incomes, revenue, cost of goods sold, tax expenses and gross profit. With these items, we can therefore, compute the net profit margins, which are necessary in determining the profitability of a company from its operations. Before comparing the profit margins for each company, it is important to look at how each company has prepared its income statement. Emaar Properties PJSC and Arabtec Holding PJSC have indicated the particular items included in their income statements. The other companies have indicated the specific items included in their income statements. For example, Emaar Properties’ income statement includes the cost of goods sold, revenue, gross profit, administrative cost profit before tax and tax expense. The company has eliminated other, operating expenses, other operating income,