Principles of Corporate Finance 3rd Edition

Question: Describe about the Principles of Corporate Finance 3rd Edition? Answer: Complete the following table by inserting your responses, in at least 30 words to the questions. Cite any sources you use. Define the time value of money. The central idea of time value of money is that the money in the present is dearer than money in the future. This is primarily due to the fact that interest can be earned on money (Brealey, Myers Allen, 2008). Provide a real-world example for the time value of money. Suppose I purchase a car on monthly installments. The vendor typically charges me some interest and thus I have to pay more amount in totality than I would have to if I paid the whole amount at one go today. Thus the incremental interest is due to the time value of money. Why is time such an important factor in financial matters? This is an important aspect in financial matter since there is an opportunity cost involved in terms of interest that could be earned on money and thus it needs to be evaluated whether adequate compensation is being given for this or not. How would you use the time value of money to your financial benefit? This concept would be utilized for financial benefits by ensuring that the returns earned on the investment should exceed the inherent opportunity cost due to time value of money (Brealey, Myers Allen, 2008). Part II: Complete the following table by calculating the ratios. Present Value Amount Compounding period Rate of interest Present value $150,000 Annual 6% for 10 years $ 83,759.22 $85,000 Annual 4% for 15 years $ 47,197.48 Internal Rate of Return Initial cost of investment Periods of useful life Estimated annual net cash inflow generated Look-up table value Rate of interest $75,000 7 $14,406 8% 8% $56,000 15 $8,222 12% 12% Payback Period: Assume there are no income taxes for both scenarios. Purchase price of equipment Period of useful life Annual revenue generated per year Operating costs associated with revenue Depreciation expense per year Payback period result $550,000 10 years $100,000 $32,000 $55,000 8 years $350,000 10 years $80,500 $36,000 $35,000 7.87 years References Brealey, R., Myers, S. Allen, F. 2008, Principles of Corporate Finance 3rd edition, New York: McGraw Hill Publications

On Not Answering the Telephone by W.Plomer free essay sample

William Plomer has written a fine article on not answering the telephone, in which he discusses the impact of telephone, typewriter and car on his mind. He used them reluctantly and was eager to avoid them as much as possible. When he often said he was not available on the telephone, people said it was inconvenient, unbelievable and foolish and called him mad. Plomer does not think that phone is essential because he can eat, breathe, sleep and play without it. It creates unnecessary anxiety, suspense and delay and is a pest and time-waster. Public Telephone Booths are unventilated and smoky and people curse you on your back for taking too much time to finish speaking. It is a nuisance since it rings while you are eating, sleeping or bathing. All telephone numbers are wrong numbers since they ring idiotically in a houses privacy. Whatever news is there would reach you anyway, even without a telephone. We will write a custom essay sample on On Not Answering the Telephone by W.Plomer or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Good news has begun to seem to be travelling just as fast as ill news. Truth will out anyway. Saying Hallo to a stranger on the line is unbearable to an Englishman. Printing names on the telephone directory invites strangers and criminals to engage you in conversation. One neednt own a telephone to do so since telephone calls can be made from anywhere. Once a well-known actor said that if he was left alone to live on a desert island and allowed to take just one luxury, he would take the telephone with him, for he would be happy that it would never ring in the desert and he would not have to answer it. In spite of its usefulness, dislike of telephone is a universal thing. Closing his article, William Plomer humorously says that his business with the use of words is about to stop as he is wanted on the telephone. Plomer dislikes not only telephones, but typewriters and cars also. Typewriters ring at the end of each line. He is not mechanical-minded and does not like cleaning, oiling and mending them. Though he can type well, he enjoys the act of forming letters and words with a pen. Plomer learned to drive at the age of Seventeen in South Africa. He often drove very fast and soon the speedometer of his car was broken. Rock, mud and sand did not prevent him from driving carefully. He never injured or killed anyone. But heavy traffic and the innumerable rules and regulations to be obeyed made him bored. Though he condemns telephones, typewriters ans cars, Plomer says that he is not an escapist, crank or a simple- lifer who is trying to put the clock of modernity back. He just wishes not to be dominated by machines and avoids them wherever possible. He hates machines and the machines him. When he touches them, they tend to break down, catch fire or blow up.

Physical Education Essay Topics

Physical Education Essay TopicsYou've had your physical education teacher set out your paper topic. Now you're in a bit of a quandary. What to write about?Okay, so you have a paper topic that you know is a whole new topic, and a whole new world of possibilities open up. Your topic does have one thing in common with your paper topic. It does have 'happiness' as the focus of the essay. 'Happiness' is not what you have chosen for your topic.'Happyness' is a broader term that covers a specific task, hobby, or interest. This can range from the mundane to the extraordinary, and it is a category that encompasses a lot of subjects. For example, your topic could be gardening, but it could also include sports, religion, going on trips, or even nutrition.While 'happyness' is the focus of many essay topics, it is not necessarily what you should choose. In fact, it doesn't even have to be that topic. 'Happyness' as a topic was the source of some debate among teachers. The point is that you should do some thinking about it and make up your own list of topics.Choosing the appropriate essay topics for your class can be a challenge. The number of topics you could choose for your paper varies greatly depending on the subject matter, and your instructors' backgrounds. Your academic advisors can also help you think about what you should write about and give you suggestions for topics as well.It's a good idea to have a variety of topics and concepts to write about. Sometimes, the more topics you choose, the easier it will be to get into the nitty-gritty of the writing. Of course, this is going to take more time, and that's why it's a good idea to set aside some time each day to write on something besides your essay topic.Even if you think you've written enough essay topics for your class, it's always a good idea to revise your topic ideas. Keep an open mind. Since so many people are looking for the perfect job these days, it's a good idea to rethink your topic and see what you've a ctually written. It can be hard to remember what you wrote, but it's important to change things up.So the next time you get your assignment, make sure you don't put too much thought into it or you won't find a good topic. Instead, consider the potential topics and brainstorm as a class of your classmates. Also, make sure to keep yourself motivated and remember that this is only the first step in your journey to becoming a great writer.

Characteristics of the Middle Ages and the Renaissance essays

Characteristics of the Middle Ages and the Renaissance essays The Middle Ages covers roughly a thousand years, from approximately 400 to 1500 and the term generally refers to the changes that the European society experienced during these years. Many agree that there was not just one medieval civilization, but many. These civilizations are related to each other in some ways, but they also have their own distinct characteristics that set them apart from each other. Historians generally agree that the Renaissance lasted approximately two centuries, beginning with the mid-1300s and lasting until the1600s. Each era has defining characteristics that that can be recognized through literature. The Middle Ages represents a variety of literature. Literature about kings flourished at this time. During this time, the heroic idea included an aristocratic king. Literature of this time reflects an interesting aspect, which is that by dying gloriously, one might achieve immortality. (Abrams 3) Beowulf is one epic that has survived through the centuries. Another great epic that has survived is Alexander the Great. The literature of the Middle Ages touched practically every aspect of life and thought. The Middle Ages, Barzun asserts, was not one, but many ages. They are generally divided into two different periods of literary historythe Old English and the Middle English. It is this variety that proved to inspire the Renaissance. (Lucas 156) An interesting aspect of the Middle Ages is the focus on courtly love. Courtly love is a "state of being like no other- -out of bounds in relation to society and yet in many ways conventional" (Barzun 233). This type of writing is called courtly because it revolves The Middle Ages also contributed a great variety of poetry. Abrams suggests that Christian ideals influenced how things were recorded and this might also explain why some secular literature did not survive. Abrams refers to Beowulf as the ...

How The Nursery Rhyme Eins, Zwei, Polizei Can Help You Learn German

How The Nursery Rhyme Eins, Zwei, Polizei Can Help You Learn German Learning German can a lot of fun if you use a simple rhyme. While Eins, Zwei, Polizei is a nursery rhyme for children, people of any age can use it as a game to expand their German vocabulary. This short rhyme is a traditional childrens song that can be sung or chanted to a beat. It includes very basic German words, teaches you how to count to ten or fifteen (or higher, if you like), and each phrase ends with a different word.   There are many versions of this popular and simple song and two of those are included below. However, dont stop with those. As you will see, you can make up your own verses and use this as a game to practice whatever vocabulary words you are learning at the moment. Eins, zwei, Polizei (One, Two, Police) This is the most traditional version of the popular German childrens song and  nursery rhyme. It is very easy to memorize and will help you remember numbers one through ten along with a few basic words. Both children and adults will find it to be a fun way to finish off your night with a little German practice.   This version of Eins, zwei, Polzei has been recorded by at least two German groups: Mo-Do (1994) and S.W.A.T. (2004). While the lyrics for the song by both groups are appropriate for children, the rest of the albums may not be. Parents should review the translations for themselves before playing the other songs for kids. Melodie: Mo-DoText: Traditional   Deutsch English Translation Eins, zwei, Polizeidrei, vier, Offizierfnf, sechs, alte Hexsieben, acht, gute Nacht!neun, zehn, auf Wiedersehen! One, two, policethree, four, officerfive, six, old witchseven, eight, good night!nine, ten, good-bye! Alt. verse:neun, zehn, schlafen gehn. Alt. verse:nine, ten, off to bed. Eins, zwei, Papagei (One, Two, Parrot) Another variation that follows the same tune and rhythm, Eins, zwei, Papagei demonstrates how you can change the last word of each line to fit the German words and phrases you are learning at the moment. As you can see, it doesnt have to make sense, either. In fact, the less sense it makes, the funnier it is. Deutsch English Translation Eins, zwei, Papageidrei, vier, Grenadierfnf, sechs, alte Hexsieben, acht, Kaffee gemachtneun, zehn, weiter gehnelf, zwlf, junge Wlfdreizehn, vierzehn, Haselnussfnfzehn, sechzehn, du bist duss. One, two, Parrotthree, four, Grenadier*five, six, old witchseven, eight, made coffeenine, ten, go furthereleven, twelve, young wolfthirteen, fourteen, Hazelnutfifteen, sixteen, youre dumb. * A  Grenadier  is similar to a private or infantryman in the military. It is understandable if you do not want to teach your children this last version (or at least the last line), which includes the words du bist duss because it translates to youre dumb. Its not very nice and many parents choose to avoid such words, particularly in nursery rhymes with younger children. Instead of avoiding this otherwise fun rhyme, consider replacing the last part of that line with one of these more positive phrases: Youre great - du bist tollYoure funny - du bist lustigYoure pretty - du bist hà ¼bschYoure handsome - du bist attraktivYoure smart - du bist shlauYoure special - du bist etwas  Besonderes How Eins, zwei... Can Expand Your Vocabulary Hopefully, these two examples of the rhyme will inspire you to use it throughout your studies of German. Repetition and rhythm are two useful techniques that will help you remember basic words and this is one of the easiest songs to do that with. Make a game out of this song, either on your own, with your study partner, or with your children. It is a fun and interactive way to learn. Alternate saying each line between two or more people.Complete each phrase with a new (and random) word from your most recent vocabulary list. It can be anything from food and plants to people and objects, whatever you think of. See if the other players know what that word means in English.Practice two- or three-word phrases on the last line.Count as high as you can and keep finishing off each line with a new word. See who can count the highest in German or who can say more  new words than everyone else.Try to create a theme throughout the song. Maybe your family is learning the German words for various fruits (Frà ¼chte). One line might finish with apple (Apfel), the next might end with pineapple (Ananas), then you might say strawberry (Erdbeere), and so on. This is one rhyme that has endless possibilities and it can really help you  learn the German language. Its hours (or minutes) of fun and can be played anywhere.

Health Problems among Teens and Young Adults Assignment

Health Problems among Teens and Young Adults - Assignment Example Consequently, family support is very vital as it allows the concerned persons to make appropriate decisions. Teenagers and young adults are strongly accustomed to social associations with their peers. In case their peers cannot make healthy decisions or indulge in activities that are against the law like drug abuse, they will also tend to develop risk-taking behaviors. Specific attention is directed to the wellbeing of teenagers brought up in single-parent families. It has been discovered that such children do not fare well compared to those coming from families with both parents (Amato &Fowler, 2002). Researches have always indicated that such teenagers and young adults tend to experience health or academic problems. These might change their mindset and make them think of unhealthy decisions like taking alcohol or drugs to reduce the levels of stress. Teenagers and young adults form and join groups for different reasons. For instance, some may decide to join the groups because they want to have a sense of family. They develop feelings that they are not receiving sufficient consideration at home. Moreover, children raised by single mothers might also search for a father figure from the groups (Sanchez-Jankowski, 2003). Negative behavior increases when the teens try to copy their peers in the group. For instance, when most of the members in the group are smokers, one would also be tempted to smoke in order to act in a similar manner. With time, this leads to addiction. Teenagers tend to get involved in gang violence, drug trade, drug abuse, and other unlawful activities due to the social and economic status of the marginal population in United States (Vigil, 2003). This becomes dangerous to the health. For instance, drug abuse or smoking always comes with serious health problems. Such teenagers will not afford and access quality health care. Other issues affecting minority groups that

History of Immigration Essay Example | Topics and Well Written Essays - 750 words - 1

History of Immigration - Essay Example Obadina ( 2003 ) argues that â€Å" the total human loss to Africa over the four centuries of the transatlantic slave trade range from 30 million to 200 million†. When human trading was exported to America, the geographical and socioeconomic factor was fit to slavery. For one, during the beginning of the American colonial times, the colonies were small and in need of a higher population. To attract people in helping populate North American colonies, farmers would pay Europeans in need of work to come to America in exchange of labor service. People from Europe were looking towards in achieving the â€Å"American Dream† when they landed in America. At that time, there were many poor European immigrants who crossed the Atlantic just to risk a new life in America. Consequently, these workers were provided a home to live in and meals to eat. It was at first a mutual relationship as both gained something they needed. Labor terms lasted for years; usually between four to seven years. This was a common agreement that was not viewed as feudal at all. As for children, they would work for about nine years. Indentured servants, as they are called, came from Ireland, Scotland, England, Germany, and other European countries. Some indentured servants were never bound by contract. Children were fooled into becoming servants by candy offerings. Some were drunks who were captured and taken to the ships to be sold off. Indentured servants were held tightly together within the ship without being allowed a breath of fresh air until they arrive to their destination in â€Å"the new world.†This was graphically portrayed by the award-winning movie â€Å"Amistad†. It is not uncommon for workers to be beaten or raped and many have committed suicide. Exported African slaves who were being shipped and sold to the colonies went under the same harsh conditions as the indentured servants. The only difference is indentured servants were put on contracts while the African slaves are