My Brothers Departure free essay sample

Before my brother and I split apart, we were in the same school. At times, I would brag to my friends that I have a bigger brother in the hight school area. Sometimes, my friends were jealous of that and ask more about my brother. Others well, they had a bigger brother and they would sometimes ask me â€Å"Is your brother really as good as you say he is†. I would reply â€Å"Not really, but it does make me look cool doesn’t it†. As I was proud of my brother at school, he was really annoying and would never give me what I wanted. I hated him at home. I was stuck with him for the first 10 years of my life. He would fight with me, annoy me, and many other very disturbing actions. He would never let me watch the TV. Not even on Fridays, which was the time when my favorite cartoons were playing. We will write a custom essay sample on My Brothers Departure or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page He wouldn’t even let me watch him game. There was this once when I was watching him play something called World Of Warcraft. When I pressed something because I was bored, he was really mad. He carried me up and put me outside the room. Later, I realized I disconnected him from the server and he lost something that took him 3 hours to get. I felt a little sorry for him, but he was my brother, who cares right? When I first learned that my brother was leaving, I was so happy and filled with energy I could run for days without stopping. From then on, I went to school in a better mood and teachers would occasionally ask me why I’m in such a good mood. I told them what I thought. They said I was immature, ignorant, and stupid in ways. At that time, I didn’t even know what some of them meant. Even after I I didn’t feel or think that way until a long time after. After a few months when the actual day came for my brother to leave, I was devastated. I had never felt anything like it. It was the strongest feeling I had ever felt. The feeling is and will always be indescribable with words, it’s one of the things that you have to experience to understand . My feelings for my brother had changed from â€Å"I hate you, get away from me† to â€Å"Why are you leaving? Please don’t go, I’ll be the nicest person in the world, if that’s what it takes†. For all the years he was in university, the more I thought about him, the stronger the emotion felt. When it was the time for my brother to come back for vacation, I felt really happy. But the same thing happened, after a while after he came back, I wished he’d never came back. He turned into the annoying bother I knew when I was a child again. Why is it like this?

Sixteen is too Young essays

Sixteen is too Young essays In the state of Virginia, you can start driving with your learners permit at 15. A learners permit requires that an adult 21 or older, or your immediate family 18 or older must be sitting in the passenger seat. Once you have had your learners permit for 6 months and have turned 16, you can receive your drivers license that allows you to drive without supervision (VA DMV). I know the first time I drove alone at 16 I did not feel ready. I learned all I could from the books, but there is so much more to driving that what they teach you in the classroom. Motor vehicle crashes are the leading causes of death for American teenagers. Sixty-five percent of those deaths occur when another teen is operating the vehicle (NHTSA). This is a flashing red light that the legal driving age should be raised. Some say that if the legal driving age was raised it would be an inconvenience to both the teen and the parent. The teen can not get an after school job because he/she has no transportation, and even if the parents are willing to chauffeur their teens around, they can not do it until they get home from work. I will admit that it is an inconvenience; however, an inconvenience today means that your child will be living tomorrow. Sixteen and seventeen year old drivers make up about two percent of the total driving population, but they are involved in one out of every seven crashes (Cohen). There are approximately 5,000 teen deaths per year related to unsafe driving (Wims). The National Highway Traffic Safety Administration states that A sixteen year old driver is 42 percent more likely to be involved in a crash than a 17 year old with just one additional year of driving experience (Wims). This is alarming considering that nearly half of all 16 year olds have a drivers license. Most 16 year olds just are not experienced enough to operate a vehicle yet. ...

State of the current economy (Economics) Essay Example | Topics and Well Written Essays - 750 words

State of the current economy (Economics) - Essay Example rici declares "we are in a depression (Shinkle, p1)."   He signifies a recession as an economic decline from which an economy can eventually recover but poses that the state the American economy is in today is much worse and can’t be resolved with a quick fix. "My feeling is that . . . if (the president) doesnt fix whats structurally broken, what caused this, well be back into this after the federal stimulus has had its effect," says Morici (Shinkle, p1).   Many different aspects of the American economy have come under fire as the cause of this financial crisis, most infamous of these methods to date are credit default swap contracts and short selling. The very first credit default swap contract was constructed in 1997 by JP Morgan and it is given credit for what initiated the market to balloon up to a $45 trillion value in 2007 (Pinsent, p1). In a CDS contract, credit risk from emerging market bonds, mortgage-backed securities, municipal bonds or corporate debt is transferred between two parties.   It is a bilateral contract in that both parties are obligated to carryout their end of the contract.   CDS contracts were designed because as Stephan Teak puts it in his article Did Credit Default Swaps Cause the Financial Market Meltdown?, lenders were encountered with a problem they needed solved.   He best describes the factors leading up to this revelation by lenders when he says, â€Å"When a lender provides financing in the form of a loan, it has to keep a certain amount of cash, called capital, on hand to cover any problems with the loans such as defaults. For larger financial institutions like JP Morgan, this meant havin g huge amounts of money tied up and doing nothing. The credit default swap was designed to deal with this problem (Teak, p1).†Ã‚   The basic goal of the credit default swap is to free up the unused ‘safety-net capital by selling off the risk of the loan to a third party for a premium.   Once the capital was freed-up it would be available for

Analysis Report on the Airline Industry The Strategic Management Essay

Analysis Report on the Airline Industry The Strategic Management process - Essay Example Strategic options would be used to evaluate the growth and expansion of the industry to establish if the industry has a competitive edge or not and if it measures up with its competitions. . This report employs a methodological approach with huge implications for the reliability of findings while a whole lot of secondary data provides for all the analytical views and conclusions of this paper. The prime reason behind preparing the report is to gain insights into the development of airline industry internationally amidst economic and political turbulences. Airline industry is a growth factor for tourism industry and accounts for the lion’s share of the GDP of many nations (Page 2009:218). Delving deep into the airline sector could throw much light on how economies are developing and what solutions and means are available to them to handle increased competition, globalization and financial downturn. The findings of the report have presented us with favourable results that could motivate the airline carriers and could pave the way for future practices to be developed in airline industry. This paper seeks to present a very clear view in enabling the reader to have a better understanding of the global airline industry’s environmental business climate. In doing this various firms and regional markets that make up the industry are looked into, by examining the competition between the airline operators (service providers), consumers, regulatory implications, weakness of different sectors and regions involved, homogenous threats, the negative and positive trends coming up in the industry and a forecast for the future, if there would be growth or reduction. Importantly, it views the challenges a new provider (entrant) could face within the present industry condition. The industry at the moment is passing through a period of change caused by revolutionary restructuring in the industry, this occurs

Statistical Analysis Math Speech or Presentation

Statistical Analysis Math - Speech or Presentation Example The entire student population of the US has been divided into state/territories as different strata. Samples are then obtained from each stratum. The advantages of this technique are: This structure and design of the frequency table was chosen because it makes it easier to analyze data using tools such as Microsoft Excel and SPSS. It is also simple to extract data from or to do cross tabulations. As you can see the measures of central tendency: mean, mode and median have been easily calculated using MS-Excel. The section in Table 1 written #N/A shows no mode / multimodal data. From chart 2 we can conclude that Grade 12 students had the highest percentage mean of those who rarely or never wore a seat belt when riding in a car driven by someone else. This is different from Chart 3 below which shows us that Grade 9 had the highest percentage median of the same data. This implies that the data has extreme values. From charts above and below looking at the samples for gender we see we have a skewed distribution. We can see long right-tails which implies positive skewness. A normal distribution is symmetric and has a skewness value of 0. The standard deviation is a measure of dispersion around the mean. In our case the standard deviation is very high when compared to the mean, 9.066 for Male data and 9.575 for Female data. This means that our data has a very wide spread from the centre. a. Parameters are numbers that are used to describe characteristics of an entire population while statistics are numbers that describe characteristics derived from a sample that has been drawn from a larger population.   The standard deviation is a measure of dispersion around the mean. It is the positive square root of the variance. Range is the difference between the highest and lowest values in a sample or population. The inter-quartile range is got from the difference between the 3rd and 1st quartiles of the sample/population data. b.

Can War Ever Be Eradicated?

Can War Ever Be Eradicated? Our world is inherently inconsistent; it is constructed on the eternal conflict, on constant contradictions. Knowingly there black and white, the north and the south, right and left exist. Each conflict eventually expands until the time when the person cannot supervise it any more. Frequently it also leads to revolutions, wars, intestine conflicts. Throughout all world history, the person has lived for only a few years without war, he has constantly fought for the right to exist, for the freedom, land, power etc. Together with the development of the humankind, this fight became more and more rigid. At the same time, the weapon, which gradually bore more and more destructions, also developed, which made the fight crueler. War inherently does not know any winners. To some extent, everyone in it is a looser, because each side bears an enormous amount of losses: human lives, money, and territory. The conflict of individuals is an everyday occurrence in a modern life; war covers bigger am ount of people. More often it arises because of the requirement of the person to operate, and brings much more global destructions and does not influence separate people any more, but the whole society. War, as a phenomenon, cannot be eradicated, because modern processes of globalization, development of terrorism and desire of the power promote the development of war. Modern process of globalization as process of increasing influence of various factors of the international value on the social validity in the separate countries is one of the reasons why war cannot be eradicated. (Reference) Globalization became real aspect of the modern world system, one of the most influential forces defining the further process of our civilization. Globalization process opens new possibilities, but it is also fraught with negative consequences. Globalization influences formation of potential conflicts in the conditions of a competition. Unfair distribution of the blessings creates threat of conflicts at regional, national and international levels. Globalization causes defined amount of problems. One of them is connected with a question who appears in a prize from this globalization. Most often basic part of advantages is received by the rich countries. The second problem is connected with potential regional or global instability because of interdependence of nati onal economies at world level. Local economic fluctuations or crises in one country can have regional or even global consequences. Such possibility carries not only theoretical character, and is quite real. That can be confirmed with a financial crisis in Asia, which have begun in the summer of 1997 in Thailand, and then threw on other countries of South East Asia, having reached South Korea, too. The similar phenomenon testifies the big vulnerability of the interconnected economy. World recession or depression is capable to cause appeals to break off an interconnection and the dependences created during globalization, just as it and has occurred at the time of Great depression of 1930ies in the USA. The economic conflict with a threat of transformation into economic war or even military collision can become the result. So, globalization, which is very actual nowadays, provokes conflicts between the countries, frequently even military ones. Development of the international terrorism as the certificate of violence against citizens or objects for the purpose of destabilization of a public order in the country or complication of the international relations, also does not allow eradicating war. (Reference) If in the middle of XX century the terrorism was considered as the local phenomenon, but already to the beginning of the third millennium, it has captured the most part of the world. Now there does not remain a place on the earth, where the terrorism has not got in. Terrorism acts have already taken place practically on each continent, but struggle against this terrorism cannot be won in a way of only defeating separate terrorist organizations, because everywhere in the Islamic world there are people supporting Sacred war, especially against the USA. The vivid example of it is an act of terrorism on September 11, 2001 in New York, which caused retaliatory measures of protection from the USA side. The First World War has b egun with murder of the successor of an Austro-Hungarian throne, which also can be considered as an act of terrorism. In addition, for today fears that acts of international terrorism and retaliatory measures of the states can end with one more world war are expressed more and more often. Events of the year 2006 in the Near East have shown how real the threat of the world war world war is. Though acts of terrorism have caused only the war on the local level, only between two countries, it is impossible to forget that the world community was on a hair from other counties retraction in war, Syria, Iran and the USA in the first place. In addition, proceeding from the statistical data, the quantity of acts of terrorism in 2005 exceeded the amount of 13.000. Such considerable quantity of acts of terrorism puts the world on the side of a war. That means that the international terrorism is a cause of war, but also that presence of the international terrorism means presence of constant wars . One of the main reasons for almost every war in the history of mankind were and still are a capture of territories, desire of a profit, but only this purpose has been disguised à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬ under the pretext of belief, democracy etc. Each country separately thirsts for the new markets, resources, money, i.e. everyone wants to predominate over the others. Moreover, there will always be the state, which will be dissatisfied with its present position, which finally will start the conflict. Zones of economic influence of Great Britain, Japan and Russia have narrowed for last 15 years. Thus, those zones have essentially extended at the republic of South Africa and Germany. Influence of China on a state of economic affairs promptly amplifies. Zones of economic influence of the USA, Italy and France have undergone less considerable changes. Struggle for spheres of economic influence has led to the situation that on a part of territories there was a collision of economic interests at the several states at once, rivalry between which has in certain cases taken the form of a confrontation. Unfortunately, the human is greedy à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬ the higher is his post, the stronger is a desire of the power. There are antidemocratic countries, such as Iran, Iraq, the North Korea in the modern world, for which the main aim is capture of territories and imposing of their opinion. Absence of democracy in the separate countries is a war cloud, one of its possible preconditions. The history knows several ethnic, international conflicts, which, in fact, were caused by motives that are more religious. In 20 century, ethnic wars started to carry more global character. Having begun with the fascism, which has proclaimed destruction of Jews and Slavs, their number increases in a geometrical progression, messages on them fill screens of TVs and the press. International divisions have also concerned outwardly safe Europe: Czechs and Slovaks, Scots and English; the Canadian Frenc h and English, Arabs and Jews. The government always had a choice. World problems could be solved peacefully, without applying physical strength, but it would mean loss of the power over the others that is unacceptable for the psychology of the person. Each competitive country wishes to own the greatest influence and the most productive way à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬ war (i.e. while globalization develops, the states will choose war for achievement political, economic, etc. the purposes). Moreover, force has always been called upon because it is an ultimate method by which peoples, whether individually or in national groups, have been able to achieve their desires. Based on the set forth above it can be said that war cannot be eradicated as the processes of globalization, terrorism and humanà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒ ¢Ã¢â‚¬Å¾Ã‚ ¢s desire of power promote the occurrence of military conflicts, and as these processes are deep-rooted, war will never be eradicated.

nigeria and us women and development :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Women as a group make up an enormous portion of the world’s population. Thus the development of women, the changes implemented that affect them both positively and negatively are integral in study the world. Introduction to the field of women and development can be traced back to the 1950’s post World War II., specifically the period of reconstruction. Due to focus on external issues rather than internal issues, programs like the United States Marshall Plan were created, emphasizing the need to bridge the gap between developing and developed nations. The study of women and development gives an overall perspective of women’s development in comparison to other areas. Women’s development shapes many things including our perspectives and our public policies. I will assess the contributions of the three major theoretical debates applied to the field of women and development and explain how they shaped the field.   Ã‚  Ã‚  Ã‚  Ã‚  The first and perhaps the most dominant perspective, Women in Development (WID) stresses western values and targets individuals as catalysts for social change. The origins of this perspective came about after the release of Esther Boserup’s book entitled Women’s Role in Economic Development. The theory points out that modernization had somehow bypassed women and that some segments actually destabilized the prevailing position of women. The theory argues that legal and administration modifications are needed to facilitate change and integrate women into economic systems. The most notable contribution of WID is that it drew attention to women’s questions in the arena of development theory and practice. While WID emphasizes the productive role of women, it overlooks the direct influence of race, class and culture and it minimizes the reproductive role of women entirely.   Ã‚  Ã‚  Ã‚  Ã‚  Women and Development (WAD) emerged in the 1970’s; its primary basis was critiquing the earlier theory of WID. Essentially, WAD contends that economic growth and the industrialization of the West were based upon the exploitation of nations that were subjected to colonial rule. The theory focuses on the idea that countries are core, semi-peripheral and peripheral. Power–dependency relationships are reflected in an international division of labor that encompasses each of these types. Core nations, including the major powers of Western Europe, the United States, Canada, and Japan dominate globally by virtue of their domestic and international strength. According to conventional world-system arguments, the countries in the periphery of the world-system, the least developed nations in Africa and Asia, such as Bangladesh and Rwanda are relatively weaker than the core nations and to a lesser extent, the semi-periphery nations such as Chile and Libya.

Fin 516 Quiz 2

1. | Question 😠 (TCO D) Which of the following factors would increase the likelihood that a company would call its outstanding bonds at this time? (a) The yield to maturity on the company's outstanding bonds increases due to a weakening of the firm's financial situation. (b) A provision in the bond indenture lowers the call price on specific dates, and yesterday was one of those dates. (c) The flotation costs associated with issuing new bonds rise. (d) The firm's CFO believes that interest rates are likely to decline in the future. e) The firm's CFO believes that corporate tax rates are likely to be increased in the future. | | | Student Answer:|   | (b) A provision in the bond indenture lowers the call price on specific dates, and yesterday was one of those dates. |   | Instructor Explanation:| Answer is: b Chapter 20, pp. 810 – 815 | | | | Points Received:| 20 of 20 | | Comments:| | | | 2. | Question 😠 (TCO D) The State of Idaho issued $2,000,000 of  seve n percent  coupon, 20-year semiannual payment, tax-exempt bonds  five years ago.The bonds had  five years of call protection, but now the state can call the bonds if it chooses to do so. The call premium would be  five percent  of the face amount. Today 15-year, five percent, semiannual payment bonds can be sold at par, but flotation costs on this issue would be two percent. What is the net present value of the refunding? Because these are tax-exempt bonds, taxes are not relevant. (a) $278,606 (b) $292,536 (c) $307,163 (d) $322,521 (e) $338,647 | | Student Answer:|   | (a) $278,606 Cost of refunding: Call Premium = 5% (2mil) = 100,000 Floatation cost = 2% (2mil) = 40,000 Total investment outlay = 140,000 Interest on old bond = 7%/2(2mil) = 70,000 Interest on new bond = 5%/2(2mil) = 50,000 Savings = 20,000 PV of savings, 30 periods at 5%/2 = 418,606 NPV of refunding = PV of savings – cost of refunding = 278,606 |   | Instructor Explanation:| Answer is: a Chapter 20, pp. 810 – 815 Call premium: 5%  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Old rate: 7% Flotation %: 2%  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   New rate: 5% Amount: $2,000,000  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Years: 15Cost of refunding: Call premium = 5% ($2,000,000)  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $100,000 Flotation cost = 2% ($2,000,000)  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $   40,000 Total investment outlay:  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $140,000 Interest on old bond per 6 months:   Old rate/2 ? Amount =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $70,000 Interest on new bond per 6 months:   New rate/2 ? Amount =  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $50,000 Savings per six months:  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $20,000 PV of savings, 30 periods @ new rate/2 = $418,606 NPV of refunding = PV of savings – Cost of refunding = $278,606    | | | | Points Received:| 20 of 20 | | Comments:| | | 3. | Question 😠 (TCO D) New York Waste (NYW) is considering refunding a $50,000,000, annual payment, 14 percent  coupon, 30-year bond issue that was issued  five years ago. It has been amortizing $3 million of flotation costs on these bonds over their 30-year life. The company could sell a new issue of 25-year bonds at an annual interest rate of 11. 67 percent  in t oday's market. A call premium of 14  percent  would be required to retire the old bonds, and flotation costs on the new issue would amount to $3 million. NYW's marginal tax rate is 40 percent. The new bonds would be issued when the old bonds are called.What will the after-tax annual interest savings for NYW be if the refunding takes place? (a) $664,050 (b) $699,000 (c) $768,900 (d) $845,790 (e) $930,369 | | | Student Answer:|   | (b) $699,000 Old Interest: 50,000,000(. 14)(. 60) = 4,200,000 New Interest: 50,000,000(. 1167)(. 6) = 3,501,000 Difference is 699,000 |   | Instructor Explanation:| Answer is:   b Chapter 20, pp. 810 – 815 Old interest:   $50,000,000(0. 14)(0. 6) =   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  $4,200,000 New interest:   $50,000,000(0. 1167)(0. 6) =   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   (3,501,000) Net annual interest savings  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $699,000    | | | Points Received:| 20 of 20 | | Comments:| | | | 4. | Question 😠 (TCO E) Financial Accounting Standards Board (FASB) Statement #13 requires that for an unqualified audit report, financial (or capital) leases must be included in the balance sheet by reporting the: (a) residual value as a fixed asset. (b) residual value as a liability. (c) present value of future lease payments as an asset and also showing this same amount as an offsetting liability. (d) undiscounted sum of future lease payments as an asset and as an offsetting liability. e) undiscounted sum of future lease payments, less the residual value, as an asset, and as an offsetting liability. | | | Student Answer:|   | (c) present value of future lease payments as an asset and also showing this same amount as an offsetting liability. |   | Instructor Explanation:| Answer is:   c Chapter 18, pp. 738 – 740 | | | | Points Received:| 20 of 20 | | Comments:| | | | 5. | Question 😠 (TCO E) In the lease versus buy decision, leasing is often preferable: (a) because it has no effect on the firm's ability to borrow to make other investments. b) because, generally, no down payment is required, and there are no indirect interest costs. (c) because lease obligations do not affect the firm's risk as seen by investors. (d) because the lessee owns the property at the end of the least term. (e) because the lessee may have greater flexibility in abandoning the project in which the leased property is used than if the lessee bought and owned the asset. | | | Student Answer:|   | (c) because lease obligations do not affect the firm's risk as seen by investors. |   | Instructor Explanation:| Answer is:   e Chapter 18, pp. 740 – 745 | | | | Points Received:| 0 of 20 | | Comments:| | | | | |

Guide to Sentence Patterns for ESL Learners

Guide to Sentence Patterns for ESL Learners Sentence patterns can be understood as the way sentences are usually structured. It is important to learn the most common sentence patterns in English, as most of the sentences you will hear, write, and speak will follow these basic patterns. Sentence Patterns #1 - Noun / Verb The most basic sentence pattern is a noun followed by a verb. Its important to remember that only verbs that do not require objects are used in this sentence pattern. People work.Frank eats.Things happen. This basic sentence pattern can be modified by adding a noun phrase, possessive adjective, as well as other elements. This is true for all the sentence patterns that follow. People work. - Our employees work.Frank eats. - My dog Frank eats.Things happen. - Crazy things happen. Sentence Patterns #2 - Noun / Verb / Noun The next sentence pattern builds on the first pattern and is used with nouns that can take objects. John plays softball.The boys are watching TV.She works at a bank. Sentence Patterns #3 - Noun / Verb / Adverb The next sentence pattern builds on the first pattern by using an adverb to describe how an action is done. Thomas drives quickly.Anna doesnt sleep deeply.He does homework carefully. Sentence Patterns #4 - Noun / Linking Verb / Noun This sentence pattern uses linking verbs to link one noun to another. Linking verbs are also known as equating verbs - verbs which equate one thing with another such as be, become, seem, etc. Jack is a student.This seed will become an apple.France is a country. Sentence Patterns #5 - Noun / Linking Verb / Adjective This sentence pattern is similar to sentence pattern #4, but uses linking verbs to link one noun to its description using an adjective. My computer is slow!Her parents seem unhappy.English seems easy. Sentence Patterns #6 - Noun / Verb / Noun / Noun Sentence pattern #6 is used with verbs that take both direct and indirect objects. I bought Katherine a gift.Jennifer showed Peter her car.The teacher explained the homework to Peter.   Parts of speech  are the different type of words. They are put together to create sentence patterns in English. Here are the  eight parts of speech. Learning parts of speech make understanding sentences easier.   Noun   Nouns are things, people, places, concepts - computer, Tom, table, Portland, Freedom Pronoun   Pronouns replace nouns in sentences. There are subject, object, and posessive pronouns - he, I, them, our, its, us Adjective Adjectives describe things, people, places and concepts. Adjectives come before nouns. - big, excellent, fun, tiny Verb   Verbs are what people do, the actions they make. Verbs are used in many different tenses. - play, visit, buy, cook Adverb Adverbs describe how, where or when something is done. They often come at the end of a sentence. - always, slowly, carefully Conjunction Conjunctions connect words and sentences. Conjunctions help us give reasons and explain. - but, and, because, if Preposition Prepositions help us show the relationship between things, people and places. Prepositions are often just a few letters. - in, at, off, about Interjection Interjections are used to add emphasis, show understanding, or surprise. Interjections are often followed by exclamation points. - Wow!, ah, pow! There are a number of common sentence patterns used to write most sentences in English. The basic sentence patterns presented in this guide to sentence patterns will help you understand the underlying pattern in even the most complex English sentences. Take this quiz to test your understanding of sentence patterns and parts of speech.   What are the parts of speech of the words in  italics  in each sentence?   My friend  lives  in Italy.Sharon has a bicycle.Alice has a banana  and  an apple.  He  studies French at school.Jason lives  in  New York.Wow! That sounds difficult.He lives in a  big  house.Mary drove home  quickly.   Which sentence pattern does each sentence have? Peter studies Russian.  I am a teacher.I bought him a gift.Alice is happy.My friends danced.  Mark spoke slowly. Answers to parts of speech quiz verbnounconjunctionpronounprepositioninterjectionadjectiveadverb Answers to sentence pattern quiz Noun / Verb / NounNoun / Linking Verb / NounNoun / Verb / Noun / NounNoun / Linking Verb / AdjectiveNoun / VerbNoun / Verb / Adverb

Binomial Table for n=2, n=3, n=4, n=5 and n=6

Binomial Table for n=2, n=3, n=4, n=5 and n=6 One important discrete random variable is a binomial random variable. The distribution of this type of variable, referred to as the binomial distribution, is completely determined by two parameters: n   and p.   Here n is the number of trials and p is the probability of success. The tables below are for n 2, 3, 4, 5 and 6. The probabilities in each are rounded to three decimal places. Before using the table, it is important to determine if a binomial distribution should be used. In order to use this type of distribution, we must make sure that the following conditions are met: We have a finite number of observations or trials.The outcome of teach trial can be classified as either a success or a failure.The probability of success remains constant.The observations are independent of one another. The binomial distribution gives the probability of r successes in an experiment with a total of n independent trials, each having probability of success p.  Ã‚   Probabilities are calculated by the formula C(n, r)pr(1 - p)n - r where C(n, r) is the formula for combinations. Each entry in the table is arranged by the values of p and of r.   There is a different table for each value of n.   Other Tables For other binomial distribution tables: n 7 to 9, n 10 to 11.   For situations in which np  and n(1 - p) are greater than or equal to 10, we can use the normal approximation to the binomial distribution.   In this case, the approximation is very good and does not require the calculation of binomial coefficients.   This provides a great advantage because these binomial calculations can be quite involved. Example To see how to use the table, we will consider the following example from genetics.   Suppose that we are interested in studying the offspring of two parents who we know both have a recessive and dominant gene.   The probability that an offspring will inherit two copies of the recessive gene (and hence have the recessive trait) is 1/4.   Suppose we want to consider the probability that a certain number of children in a six-member family possesses this trait.   Let X be the number of children with this trait.   We look at the table for n 6 and the column with p 0.25, and see the following: 0.178, 0.356, 0.297, 0.132, 0.033, 0.004, 0.000 This means for our example that P(X 0) 17.8%, which is the probability that none of the children has the recessive trait.P(X 1) 35.6%, which is the probability that one of the children has the recessive trait.P(X 2) 29.7%, which is the probability that two of the children have the recessive trait.P(X 3) 13.2%, which is the probability that three of the children have the recessive trait.P(X 4) 3.3%, which is the probability that four of the children have the recessive trait.P(X 5) 0.4%, which is the probability that five of the children have the recessive trait. Tables for n2 to n6 n 2 p .01 .05 .10 .15 .20 .25 .30 .35 .40 .45 .50 .55 .60 .65 .70 .75 .80 .85 .90 .95 r 0 .980 .902 .810 .723 .640 .563 .490 .423 .360 .303 .250 .203 .160 .123 .090 .063 .040 .023 .010 .002 1 .020 .095 .180 .255 .320 .375 .420 .455 .480 .495 .500 .495 .480 .455 .420 .375 .320 .255 .180 .095 2 .000 .002 .010 .023 .040 .063 .090 .123 .160 .203 .250 .303 .360 .423 .490 .563 .640 .723 .810 .902 n 3 p .01 .05 .10 .15 .20 .25 .30 .35 .40 .45 .50 .55 .60 .65 .70 .75 .80 .85 .90 .95 r 0 .970 .857 .729 .614 .512 .422 .343 .275 .216 .166 .125 .091 .064 .043 .027 .016 .008 .003 .001 .000 1 .029 .135 .243 .325 .384 .422 .441 .444 .432 .408 .375 .334 .288 .239 .189 .141 .096 .057 .027 .007 2 .000 .007 .027 .057 .096 .141 .189 .239 .288 .334 .375 .408 .432 .444 .441 .422 .384 .325 .243 .135 3 .000 .000 .001 .003 .008 .016 .027 .043 .064 .091 .125 .166 .216 .275 .343 .422 .512 .614 .729 .857 n 4 p .01 .05 .10 .15 .20 .25 .30 .35 .40 .45 .50 .55 .60 .65 .70 .75 .80 .85 .90 .95 r 0 .961 .815 .656 .522 .410 .316 .240 .179 .130 .092 .062 .041 .026 .015 .008 .004 .002 .001 .000 .000 1 .039 .171 .292 .368 .410 .422 .412 .384 .346 .300 .250 .200 .154 .112 .076 .047 .026 .011 .004 .000 2 .001 .014 .049 .098 .154 .211 .265 .311 .346 .368 .375 .368 .346 .311 .265 .211 .154 .098 .049 .014 3 .000 .000 .004 .011 .026 .047 .076 .112 .154 .200 .250 .300 .346 .384 .412 .422 .410 .368 .292 .171 4 .000 .000 .000 .001 .002 .004 .008 .015 .026 .041 .062 .092 .130 .179 .240 .316 .410 .522 .656 .815 n 5 p .01 .05 .10 .15 .20 .25 .30 .35 .40 .45 .50 .55 .60 .65 .70 .75 .80 .85 .90 .95 r 0 .951 .774 .590 .444 .328 .237 .168 .116 .078 .050 .031 .019 .010 .005 .002 .001 .000 .000 .000 .000 1 .048 .204 .328 .392 .410 .396 .360 .312 .259 .206 .156 .113 .077 .049 .028 .015 .006 .002 .000 .000 2 .001 .021 .073 .138 .205 .264 .309 .336 .346 .337 .312 .276 .230 .181 .132 .088 .051 .024 .008 .001 3 .000 .001 .008 .024 .051 .088 .132 .181 .230 .276 .312 .337 .346 .336 .309 .264 .205 .138 .073 .021 4 .000 .000 .000 .002 .006 .015 .028 .049 .077 .113 .156 .206 .259 .312 .360 .396 .410 .392 .328 .204 5 .000 .000 .000 .000 .000 .001 .002 .005 .010 .019 .031 .050 .078 .116 .168 .237 .328 .444 .590 .774 n 6 p .01 .05 .10 .15 .20 .25 .30 .35 .40 .45 .50 .55 .60 .65 .70 .75 .80 .85 .90 .95 r 0 .941 .735 .531 .377 .262 .178 .118 .075 .047 .028 .016 .008 .004 .002 .001 .000 .000 .000 .000 .000 1 .057 .232 .354 .399 .393 .356 .303 .244 .187 .136 .094 .061 .037 .020 .010 .004 .002 .000 .000 .000 2 .001 .031 .098 .176 .246 .297 .324 .328 .311 .278 .234 .186 .138 .095 .060 .033 .015 .006 .001 .000 3 .000 .002 .015 .042 .082 .132 .185 .236 .276 .303 .312 .303 .276 .236 .185 .132 .082 .042 .015 .002 4 .000 .000 .001 .006 .015 .033 .060 .095 .138 .186 .234 .278 .311 .328 .324 .297 .246 .176 .098 .031 5 .000 .000 .000 .000 .002 .004 .010 .020 .037 .061 .094 .136 .187 .244 .303 .356 .393 .399 .354 .232 6 .000 .000 .000 .000 .000 .000 .001 .002 .004 .008 .016 .028 .047 .075 .118 .178 .262 .377 .531 .735

Six Sigma Essay Example | Topics and Well Written Essays - 2250 words

Six Sigma - Essay Example Etc. This concept is also focusing on TRIZ, a problem solving methodology widely adopted in Russia. In this concept, brain storming (random Idea Generation), problem formulation, systematic analysis etc are used. The main aim of Six Sigma is customer satisfaction and product improvement, then only profitability and reduction in cost will sustain. It is providing the product which is ‘defect free process and products’. Six Sigma process is defined as the series of steps and activities that take inputs provided by the suppliers and value provide output for their customers. The Management tries to identify the most important 20 to 30 processes in their business. After identifying these process, the management tries to measure the sigma performance of these processes. The management then tries to identify the lowest performing processes that is having a direct impact on company’s performance. A project team is being formed for improving the poor performance processes. They will retained for a period of 4 to six months wherein they will be having a thorough study on these poor performance processes and taking corrective steps for its improvement to achieve effectiveness and efficiency. â€Å"Unlike other quality initiatives, Six Sigma has a strategic component aimed at not only developing managements commitment to Six Sigma, but their active involvement.† (George Eckes. Wiley, 2003. p.16). Six Sigma as a management strategy is a method for obtaining the objectives of the business. The five major Strategic business objectives are 1. Revenue 2. Profit Margin 3. Customer Satisfaction 4. Growth 5. Employee Satisfaction. In order to implement a Six Sigma strategy the responsibility of management is to identify the important process of the organization and measure their effectiveness and efficiency and to make further improvement for the worst performing process. Six Sigma tactics helps to accomplish greater

Discuss and explain how printing affected the authority held by the Essay

Discuss and explain how printing affected the authority held by the church and the aristocracy in the Europe and how this led to profound social and political changes - Essay Example The practical value of literacy would at all times be essential. The ultimate practical use was apparently in the purposes of the Church, since merely a knowledgeable clergy may be the authorities of religious life. In other words, literacy was the Church’s protection, which had supreme control over education. The invention of printing, entailing more efficient and more economical means of book production, transformed the dilemma of illiteracy. Francis Bacon, living in the period directly after the introduction of Gutenberg’s printing press, illustrated as one of the remarkable inventions of the century which had revolutionized the form and condition of the entire world (Hill 2001). The objective of this paper is to explore the impact of the printing press on the authority of the Church and aristocracy in Europe as well as its contribution in the profound social and political changes that the continent experienced in the iron century. The absolute goal of making the population literate was to persuade them of the rightness of their own points of view. The period of the Counter Reformation can hence be viewed as an extended practice in the development of methods of persuasion. It was the printed ideas, circulated through manuscripts, newspapers and pamphlets that eventually surfaced as the most persuasive technique of propaganda. In the Middle Ages, the pulpit had been the primary arbiter of public judgment, and this important role persisted all over the seventeenth century. Unparalleled victory was attained by the clerics of the Counter Reformation, who, through this method originated the remarkable progresses initiated by Lutherans through the effective exploitation of the pulpit. Sermons realized a twofold victory, further. They were transmitted by word of mouth; then, they were printed and circulated in order to get to an even wider audience (Kamen 1971). So