Friendly Persuation Essays - The Friendly Persuasion, Films, Jess

Inviting Persuation Inviting Persuasion This film manages inside and outside clash as well as manages what makes a man a man absolution and acceptance.It shows that Although there are contrasts among you and another person you don't need to let that characterize you relationship with that individual. In the story we are demonstrated the consistently life of a Quaker family where they have all taken up an promise not to threaten another man.The family is given a few trial of confidence if you will.When the family goes to the reasonable the entirety of the relatives are stood up to with a few enticement the inquiry is whether they will collapse and do as there id orders them.They every one of them neglect to face their temptations.The generally significant of the path is that of Joshua , where he is tested to a wrestling match that he accepts is innocuous enough as the match advances Joshua pens the man however sees that the man is in torment and discharges him.Realizing that he had gone to far Joshua and his companion leave.Joshua accepted that an amicable match was not hurting thy neighbor yet when he understood that he was harming the man he realized that he taken it to far.This would turn into a repetitive subject of the story , that you do what you need to do yet you don't bear it any farther than that.This component will re-show up when Jess is gone up against by a confederate bushwhacker , who murders his friend.Once Jess un arms him and he is not, at this point a danger he releases him , which isn't what the normal man would do , this shows when in a circumstance you just do what you have to never really out of it and close to that. This idea is most apparent when Jess goes to ensure that Joshua is alright after the fight with the confederates and Joshua is vexed in light of the fact that he executed a little boy.His father lets him know The did what the needed to do.Meaning that the individual that he slaughtered would have executed him so he had no other decision yet to execute him. All through the whole film we are given a few battles a considerable lot of which appear to be paltry and immaterial however they to hold incredible knowledge into the importance of the piece. One of the more excess of the contentions is the one between the goose and Lil' Jess , where for no clear explanation they appear to have a progressing quarrel which is suppressed when Lil' Jess encourages him escape from the Confederate solider. Another primary concern of the film is that individuals have the specific hopeful convictions that you shouldn't hurt you neighbor , which would be totally fine if the world was perfect.However the world is a long way from impeccable , so despite the fact that these ways of thinking appear to be acceptable in principle it is highly unlikely that one would possible be able to hope to have the option to practice them in the genuine world.An model would be the elderly person who initially said that he wouldn't execute one man to free another , however when his homestead was scorched he was prepared and ready to battle and even kill.Notice how everything changes when that individual is effectively affected by.Its distinctive in thought than in reality.Also when The moms pet goose is undermined she rapidly relinquishes her faith in peacefulness and almost cudgels the confederate to death with a broom.It is alright to have certain convictions yet when those convictions supplant your capaci ty as a person on planet earth to live by them you are setting yourself up for disappointment. Amicable Persuasion manages the fundamental qualities that makes us human ,division war and reconciliation.All individuals have had there clashes or wars with a person or thing whether it be guardians or kin struggle is one if the characterizing characteristics of humanity.The key is to accommodate with your past violators , and that is the thing that I accept the Friendly influence was endeavoring to display.Just as Joshua was partitioned from his mom , in light of the fact that he felt that it was important to battle so have numerous individuals has been separated however the key is

Regrets Case Essay

I lament not doing a ton of things in life like telling that domineering jerk in the third grade that I was not terrified of him or telling an instructor that I truly valued all she had accomplished for me.â The one lament that I have that has truly changed where I am a major part of my life whenever I destroyed an open door that I was given to be a â€Å"third key† chief at a very good quality retail foundation soon after moving on from secondary school. I didn't get the position since I bombed a pee screening for drugs.â I had smoked a little pot (three puffs to be precise) a couple of days before my meeting in â€Å"celebration† of this open door as my companions and I hung out and partied.â I had no clue at the time that somewhat pleasurable puff of heaven (39) from this weed cigarette would end the most encouraging profession opportunity that I may ever have had.  â â â â â â â â â â After gradating from secondary school, I was large and in charge and cherishing life.â My life resembled a case of chocolates (25), brimming with delightful and covered up opportunities.â I handled a meeting for a pleasant administrator’s (57) position and everything worked out positively during the interview.â I was extended to the employment endless supply of a passed sedate pee screening.â Drug pee screening?(12).â Say what?!â I had never had one of those, likely in light of the fact that I had never had a vocation commendable enough of removing pee for somebody to break down.  â â â â â â â â â â Not just was I exceptionally caught off guard for this state of my business, however I was entirely certain that I was going to pass the screening in spite of the way that I had smoked some pot three days sooner (58).â At the time, I was unconscious of to what extent tranquilize follows stayed in my framework, so I figured I would be a great idea to go, yet where it counts, something didn't feel very right.â Another piece of me revealed to me that I would lose this once in a blue moon opportunity (55) because of an inept decision that I made one night to party and get high with my companion Andy (69).  â â â â â â â â â â Why didn’t I simply state no, as all the advertisements and bulletins had been asking me to accomplish for a considerable length of time (24)?â There is just a single legitimate explanation, and that is on the grounds that I was stupid.â No, that is definitely not an intelligent explanation; that is a weak excuse.â I did it since I was narrow minded (17).â I was progressively stressed over my picture at the time than my own future (19).â Selfish†¦selfish†¦selfish (47).â And inept.  â â â â â â â â â â Losing the employment that I had needed so severely and that could have had a genuine effect in my life was profoundly disturbing.â I baffled myself in the most exceedingly terrible way.â I wound up working a few unremarkable occupations after that.â However, as the well-known axiom goes, when life gives you lemons, make lemonade (51).â So, I made lemonade right to college.â Here I can propel my pool of openings for work (20) and with the pool of information that I as of now gangs from past mix-ups, I will have the option to accomplish more than make lemonade.â I can improve a vocation for myself and can improve as an individual.

Carson City

Carson City Carson City, city (1990 pop. 40,443), state capital, W Nev., in the Eagle valley; inc. 1875. The city is a trade center for a mining and agricultural area. State government is the major employer, and tourism is economically important. The city was laid out in 1858 on the site of Eagle Station, a trading post established (1851) on the immigrant trail from Salt Lake City to California. A supply station for miners in the valley, it achieved importance with the discovery (1859) of the Comstock Lode and became the terminus of the railroad carrying ore. In 1861, when the Territory of Nevada was created, the city was made the capital, and in 1864 it became the state capital. Carson City and Ormsby co. were consolidated into one community in 1969. A U.S. mint, closed in 1893, is now the Nevada State Museum. Lake Tahoe and the Carson River are nearby. The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved. See more Encyclopedia ar ticles on: U.S. Political Geography

Impact Of A Group On An Individual s Life Experience

What are the impacts that a group has on an individual’s life experience? We use Socialization to see how group’s impact an individual mind set in society for their beliefs and values and determines how a person will behave in society, it begins as a child all the way thought adulthood. We can see that being born in a certain class in society determents your success in life. We can see that less wealthy family teaches their children to be obedience due to the fact that they will not have many opportunities; while wealthy family teaches their children to be creative because they will have more opportunities given to them in life. People are categorize base on class and race this limit are opportunities in society, for black man can’t don’t have many opportunities given to them and are mostly going to be unemployed or poor. For many people base on their environment they may end up to being a crime or being wealthy and that nature and nurture plays and impor tant part in making an individual. Families are impacted our life as individuals as well, we see that a child with a dysfunctional family whole tends to be isolated from society due to the fact of the lack of human contact and abuse; it leads and individual to become a social outcast within society, but it may also lead to an aggressive relationship with other out their family or within the family; although that may not always be the fact for one aggression. The roles and status we get that are based on are gender and statsShow MoreRelatedComparing Erikson and Marcias Psychosocial Theory of Identity and Tajfels Social Identity Theory1766 Words   |  7 Pagesï » ¿ Eriksons and Marcias Psycho-social theory of Identity and Tajfels Social Identity theory Introduction of theorists: Erikson: Eriksons description of the eight stages of life has a lot of appeal, and Erikson himself was described in the early 1980s as the fifth most influential psychologist of the century (Gilgen, 1982). Much research has been done on predictions made by Eriksons theory, especially the adolescent crisis of  identify vs. role confusion. Erikson is one of the few famousRead MoreHistory Course Outline787 Words   |  4 Pagesquestions †¢ How did the Australian government respond to the threat of communism after WWII? †¢ Why did Australia become involved in the Vietnam War? †¢ How did various groups respond to AustraliaÂ’s involvement in the Vietnam War? †¢ What was the impact of the war on Australia and/or neighbouring countries? Learn About; 1) AustraliaÂ’s response to the threat of communism in Asia after WWII including: Ââ€" Korean War Ââ€" ANZUS Treaty Ââ€" SEATO Alliance 2) The response to the threat of communism withinRead MoreThe Naked Citadel By Cathy Davidson1554 Words   |  7 Pagesinfluence of various physical and psychological experiences that occurs throughout an individual’s life and reforms their identity. One’s identity is not made through a single event alone but through a series of events that changes it. Moreover, some events are more influential and powerful in the shaping of one s identity. Identity, as defined by Merriam-Webster Dictionary, is â€Å"The qualities, beliefs, etc., that make a particular person or group different from others†. In Project Classroom MakeoverRead MoreAssimilation And Schemas1387 Words   |  6 PagesAssimilation, Accommodation, and Schemas. Consider Piaget’s concepts of assimilation and accommodation. What stages in Satir’s model accounts for these schemas? Jean Piaget s hypothesis of cognitive development proposes that kids move through four unique phases of mental development. His hypothesis centers around understanding how children acquire knowledge, as well as on understanding the nature of intelligence. As children interact with their general surroundings, they constantly include newRead MoreThe Sociological Imagination : C. Wright Mills907 Words   |  4 PagesDuring the course of an individual s life a person will experience what C. Wright Mills refers to as the trap. The trap alludes to a person that can only see and understand their own small scope of life. Their frame of reference is limited to their day to day life and personal experiences that are directly related to them, they cannot see the bigger picture. They do not yet know that the sociological imagination can set them free from this trap and as C. Wright Mills said, In many ways it isRead MoreThe System Therapy : Psychodynamic Therapy Theory, And Social Exchange The ory784 Words   |  4 PagesTosland and Rivas (2012) cover numerous group therapy theories that have been developed including, but not limited to: systems therapy, psychodynamic therapy, field theory, learning theory, and social exchange theory. The Systems Therapy is aimed at exploring the roles of each member in relation to effective functioning and how it applies within communities, families, or organizations. The Systems Theory targets certain patterns of behavior and the corresponding response of each member towards anxietyRead MoreRelationship Between Time And Human Behavior928 Words   |  4 PagesThe Life Cycle Perspective, also known as the life course theory is a useful way to understand the relationship between time and human behavior, which looks at how chronological age, relationships, common life transitions, and social change shape people throughout their lives. The life course perspective also focuses on traditional theories of developmental psychology, which look at the events that typically occur in people’s lives during different stages. As we grow older, life gets more complicatedRead MoreCat s Eye By Margaret Attwood1067 Words   |  5 Pages In the book Cat s Eye by Margaret Attwood, Elaine s identity and her perceived sense of self is unique. The positive and negative experiences in her life have helped shape it. My own life experiences have also shaped me into the person I am today. Our childhoods and our nurturing during this crucial time has a powerful impact on what kind of individuals we turn out to be. Elaine s experiences as a child had a large impact on the development of her identity. Before moving to Toronto, ElaineRead MoreDraft Of Personal Philosophy Statement1268 Words   |  6 Pagesreligion, family structure, economic status, learning ability, linguistic ability, and/or learning style. I will create an environment that includes positive, challenging experiences that will give each individual a positive educational experience free of barriers with the knowledge that postsecondary education can enhance a student s overall well-being, increase their chances for personal fulfillment and financial security. With the knowledge that higher education staff are a major factor in promotingRead MoreThe Article Subjective Social Status And Positive Indicators Of Well Being Among Emerging Adult College Students1239 Words   |  5 PagesThe article Subjective Social Status and Positive indicators of Well-Being Among Emerging Adult College Students by, Dr. Zorotovich, Dr. Johnson, and R. Linn state that social status can affect life satisfaction and overall well-being in college students. Although students from wealthier families perceived themselves and their families as higher than some in social class, the students from wealthier families might also view themselves as privileged in comparison to students from families with less

Review Of Sherlock Holmes Honor And The Beekeeper s...

Abdulaziz Alojairi Professor Fritzchle English 1A 1 December 16 Among the huge number of Sherlock Holmes books, continuations, prequels, and pastiches distributed in the century or so since Sherlock Holmes initially graced the artistic stage, just a couple of them have emerged. Such is the situation with any well-known and oft-reproduced character or story: adjustments proliferate, however just a chosen few are exceptional. One such adjustment is Laurie R. Ruler s The Beekeeper s Apprentice. Initially distributed in 1994, the story has more than presevered in the course of recent decades, that prevalence coming full circle in and as of late discharged twentieth commemoration version distributed by Picador Books. It was selected for the Agatha best novel honor and was esteemed a Notable Young Adult book by the American Library Association. As a matter of fact, the new version is not any more wonderful than the old one, donning its honeycomb cover outline, however the story holds up and even outperforms large portions of the Sherlock adjustments di stributed today (Taylor, 2005). In 1915, Sherlock Holmes is resigned and unobtrusively occupied with the investigation of bumblebees in Sussex when a young lady truly falters onto him on the Sussex Downs. Fifteen years of age, clumsy, boastful, and as of late stranded, the youthful Mary Russell shows a keenness to inspire even Sherlock Holmes. Under his hesitant tutelage, this extremely current, twentieth-century lady demonstrates

Fin300 Midterm Free Essays

Ryerson University CFIN300 Midterm Exam Fall 2007 There are 2. 0 hours in this exam. Version A Student Name____________________________ (Please Print) Student Number_________________________________ Notes: 1. We will write a custom essay sample on Fin300 Midterm or any similar topic only for you Order Now This is a closed book exam. You may only have pens, pencils and a calculator at your desk. 2. A formula sheet is attached to the end of the exam. You may detach the formula sheet from the exam. Please fill out the scanner sheet as you go along in the exam. You will not be given extra time at the end of the exam to fill it out. 3. Select the best possible answer for each multiple-choice question 4. Each of the 30 MC questions is worth 1 mark Marks: Available Total 30_________ There are 14 pages in this exam. |2. |Poor Dog, Inc. borrowed $135,000 from the bank today. They must repay this money over the next six years by making monthly | | |payments of $2,215. 10. What is the interest rate on the loan? Express your answer with annual compounding. | |A) |5. 98% | |B) |6. 63% | |C) |4. 1% | |D) |5. 65% | |E) |5. 80% | |3. |How much would you pay for a security that pays you $500 every 4 months for the next 10 years if you require a return of 8% per | | |year compounded monthly? | |A) |$11,228. 48 | |B) |$15,000. 00 | |C) |$10,260. 0 | |D) |$13,724. 90 | |E) |$10,200. 23 | |4. |You can earn 5% per year compounded annually for the next 4 years, followed by 8% per year compounded quarterly for 5 years. | | |What is the average annual compounded rate of return over the 9 year period? Express your answer with monthl y compounding. | |A) | | |B) |6. 2% | |C) |6. 97% | |D) |6. 43% | |E) |6. 59% | |5. |You have just purchased a house for $540,000 with a $200,000 down payment. You are going to get a mortgage at the TF bank for | | |the balance. TF is charging a rate of 5. 8% per year compounded semi-annually on 5 year term mortgages. You want to make weekly| | |payments amortized over 20 years. What is your weekly payment? | |A) |$877. 60 | |B) |$549. 01 | |C) |$545. 47 | |D) | | |E) |$871. 92 | |6. |Master Meter is planning on constructing a new $20 million facility. The company plans to pay 20% of the cost in cash and | | |finance the balance. How much will each monthly loan payment be if they can borrow the necessary funds for 30 years at 9% per | | |year compounded semi-annually? | |A) |$128,740 | |B) |$158,567 | |C) |$160,925 | |D) |$141,982 | |E) |$126,853 | 7. |Gerry Industries has some 8% (per year compounded semi-annually) coupon bonds on the market that are selling at $989, pay | | |interest semi-annually, and mature in fifteen years. The company would like to issue $1 million in new fifteen-year bonds. What | | |coupon rate should be applied to the new bonds if Gerry Industries wants to sell them at par? Express your answer with | | |semi-annual compounding. | |A) |8. 00% | |B) |8. 3% | |C) |7. 87% | |D) |8. 13% | |E) |8. 26% | |8. |You have decided to save $30 a week for the next three years as an emergency fund. You can earn 3. 5 % per year compounded | | |weekly. How much would you have to deposit in one lump sum today to have the same amount in your savings at the end of three | | |years? |A) |$4,441. 26 | |B) |$4,382. 74 | |C) |$4,288. 87 | |D) |$4,305. 19 | |E) |$4,414. 14 | |9. |A credit card company charges you an interest rate of 1. 25% per month. The annual percentage rate is ____ and the effective | | |annual rate is _______. | |A) |15. 00%; 16. 08% | |B) |16. 08%; 15. 00% | |C) |15. 00%; 15. 00% | |D) |15. 00%; 14. 55% | |E) |14. 55%; 15. 00% | |10. The Friendly Bank wants to earn an effective annual rate of 9% on its auto loans. If interest is compounded monthly, what APR | | |must they charge? | |A) |8. 65% | |B) |9. 17% | |C) |8. 58% | |D) |9. 38% | |E) |8. 44% | Use the following to answer question 11: |Rondolo, Inc. |2006 Income Statement | |Net Sales |$12,800 | |Less: Cost of Goods Sold |10,400 | |Less: Depreciation |680 | |Earnings Before Interest and Taxes |1,720 | |Less: Interest Paid |280 | |Taxable Income |$1,440 | |Less: Taxes |500 | |Net Income |$940 | | Dividends |$423 | | Additions to retained earnings |$517 | |Rondolo, Inc. |2006 Balance Sheet | |Cash | |$520 | |Accounts payable | |$1,810 | |Accounts rec | |1,080 | |Long-term debt | |3,600 | |Inventory | |3,120 | |Common stock | |5,000 | |Total | |$4, 720 | |Retained earnings | |1,790 | |Net fixed assets | |7,480 | | | | | |Total assets | |$12,200 | |Total liabilities equity | |$12,200 | | | | | | | | | |11. |Rondolo, Inc. is currently operating at maximum capacity. All costs, assets, and current liabilities vary directly with sales. | | |The tax rate and the dividend payout ratio will remain constant. How much additional debt is required if no new equity is raised| | |and sales are projected to increase by 4 percent? | |A) |-$122. 08 | |B) |$598. 75 | |C) |$416. 00 | |D) |-$562. 50 | |E) |$318. 01 | |12. |Your brother-in-law borrowed $2,000 from you four years ago and then disappeared. Yesterday he returned and expressed a desire | | |to pay back the loan, including the interest accrued. Assuming that you had agreed to charge him 10% per year compounded | | |annually, and assuming that he wishes to make five equal annual payments beginning in one year, how much would your | | |brother-in-law have to pay you annually in order to pay off the debt? (Assume that the loan continues to accrue interest at 10% | | |per year. ) | |A) |$738. 63 | |B) |$798. 24 | |C) |$772. 45 | |D) |$697. 43 | |E) |$751. 46 | |13. |What information to you need to find the 3 year forward rate starting 2 years from now? |A) |2 and 5 year zero coupon spot rates | |B) |3-year zero coupon spot rate | |C) |2 and 3 year zero coupon spot rates | |D) |5 year zero coupon spot rate | |E) |3 and 5 year zero coupon spot rates | |14. |You have been making payments for the last 25 years and have finally paid off your mortgage. Your original mortgage was for | | |$345,000 and the interest rate was 5% per year compounded semi-annually for the entire 25 year period. How much interest have | | |you paid over the last 5 years of the mortgage? | |A) | | |B) |$120,392. 23 | |C) |$13,931. 87 | |D) |$80,743. 13 | |E) |$106,460. 37 | |15. |Which of the following is (are) sources of cash? | | | | | |I. | |an increase in accounts receivable | | | | | |II. | | |a decrease in common stock | | | | | |III. | | |an increase in long-term debt | | | | | |IV. | |a decrease in accounts payable | | | | |A) |I, II, and IV only | |B) |II and IV only | |C) |I only | |D) |III only | |E) |I and III only | |16. Financial planning allows firms to: | | | | | |I. | | |avoid future losses. | | | | | |II. | | |develop contingency plans. | | | | | |III. | | |ascertain expected financing needs. | | | | | |IV. | | |explore and evaluate various options. | | | |A) |I, II, III, and IV | |B) |I and IV only | |C) |III and IV onl y | |D) |II and III only | |E) |II, III, and IV only | Use the following to answer question 17: |Current |$100 | |Assets | | |A) |$52. 00 | |B) |$22. 50 | |C) |$0. 00 | |D) |$4. 50 | |E) |$29. 50 | |18. |A new security will pay an initial cash flow of $100 in 1 year. Thereafter it will pay cash flows every month for the rest of | | |time. The cash flows will grow at 3% per year compounded monthly forever. If you require a return of 6% per year compounded | | |monthly, how much would you be willing to pay for this security? | |A) |$18,932. 30 | |B) |$40,000. 00 | |C) |$37,864. 59 | |D) |$33,333. 33 | |E) |$20,000. 00 | |19. |Which one of the following actions is the best example of an agency problem? |A) |Basing management bonuses on the attainment of specific financial goals | |B) |Requiring stockholders approval of all management compensation decisions | |C) |Paying management bonuses based on the current market value of the firm’s stock | |D) |Paying management bonuses based on the number of store locations opened during the year | |E) |Accepting a project that enhances both management salaries and the market value of the firm’s stock | |20. |The bonds of Frank’s Welding, Inc. pay an 8% annual coupon, have a 7. 98% (per year compounded annually) yield to maturity and | | |have a face value of $1,000. The current rate of inflation is 2. 5% per year compounded annually. What is the real rate of return| | |on these bonds? | |A) |5. 42 percent | |B) |5. 48 percent | |C) |5. 35 percent | |D) |5. 37 percent | |E) |5. 32 percent | |21. |What is the future value of the following cash flows at the end of year 3 if the interest rate is 6% per year compounded | | |annually? The cash flows occur at the end of each year. | | | | |Year 1 | | |Year 2 | | |Year 3 | | | | | |$5,180 | | |$9,600 | | |$2,250 | | | | |A) |$19,341. 02 | |B) |$15,916. 8 | |C) |$19,608. 07 | |D) |$18,246. 25 | |E) |$18,109. 08 | |22. |The I. C. James Co. invested $10,000 six years ago at 5% per year simple interest. The I. M. Smart Co. invested $10,000 six years | | |ago at 5% per year compounded annually. Which one of the following statements is true concerning these two investments? | | | | | |I. | | |The I. C. James Co. has an account value of $13,400. 96 today. | | | | | |II. | | |The I. C. James Co. will have an account value of $13,400. 96 six years from now. | | | | | |III. | | |The I. M Smart Co. will earn $525 interest in the second year. | | | | | |IV. | | |Both the I. C. James Co. and the I. M. Smart Co. will earn $500 interest in the first year. | | | |A) |II, III and IV only | |B) |II and IV only | |C) |I and III only | |D) |III and IV only | |E) |I, III and IV only | |23. |The bonds of Microhard, Inc. carry a 10% annual coupon, have a $1,000 face value, and mature in four years. Bonds of equivalent| | |risk yield 15% (per year compounded annually). Microhard is having cash flow problems and has asked its bondholders to accept | | |the following deal: The firm would like to make the next three coupon payments at half the scheduled amount, and make the final | | |coupon payment be $251. If this plan is implemented, the market price of the bond will (rise/fall) to ___________. (Continue to| | |assume a 15% required return. ) | |A) |$892. 51 | |B) |$865. 45 | |C) |$829. 42 | |D) |$808. 89 | |E) |$851. 25 | |24. Your older sister deposited $5,000 today at 8% per year compounded annually for five years. You would like to have just as much | | |money at the end of the next five years as your sister. However, you can only earn 6% per year compounded annually. How much | | |more money must you deposit today than your sister if you are to have the same amount at the end of five years? | |A) |$367. 32 | |B) |$399. 05 | |C) |$489. 84 | |D) |$201. 0 | |E) |$423. 81 | |25. |Net income differs from operating cash flow due to the handling of: | |A) |Interest expense and depreciation. | |B) |Depreciation and dividends. | |C) |Dividends and non-interest expense. | |D) |Dividends and interest expense. | |E) |Dividends, interest expense, and depreciation. | |26. |Shirley adds $1 ,000 to her savings on the last day of each month. Shawn adds $1,000 to his savings on the first day of each | | |month. They both earn an 8% per year compounded quarterly rate of return. What is the difference in their savings account | | |balances at the end of 35 years? | |A) |$13,923. 34 | |B) |$15,794. 64 | |C) |$16,776. 34 | |D) |$14,996. 47 | |E) |$12,846. 88 | Use the following to answer questions 27-30: |KLM, Inc. |2006 Income Statement | |Net sales |$3,685 | |Cost of goods sold |$3,180 | |Depreciation |$104 | |Earnings before interest and taxes |$401 | |Interest paid |$25 | |Taxable income |$376 | |Taxes |$128 | |Net income |$248 | |Dividends paid |$60 | |Addition to retained earnings |$188 | | | |KLM Corporation | |Balance Sheets as of December 31, 2005 and 2006 | | | | |2005 |2006 | |2005 |2006 | |Cash |$520 |$601 |Accounts payable |$621 |$704 | |Accounts rec. $235 |$219 |Notes payable |$333 |$272 | |Inventory |$964 |$799 |Current liabilities |$954 |$976 | |Current assets |$1,719 |$1,619 |Long-term debt |$350 |$60 | |Net fixed assets |$890 |$930 |Common stock |$800 |$820 | | | | |R etained earnings |$505 |$693 | |Total assets |$2,609 |$2,549 |Total liabilities and Owner’s equity |$2,609 |$2,549 | |27. |What is the net capital spending for 2006? | |A) |$208 | |B) |$144 | |C) |-$144 | |D) |$64 | |E) |-$64 | |28. |What is the cash flow from assets for 2006? |A) |$1,307 | |B) |$2,259 | |C) |$355 | |D) |$2,503 | |E) |$111 | |29. |What is the operating cash flow for 2006? | |A) |$480 | |B) |$169 | |C) |$425 | |D) |$272 | |E) |$377 | |30. |What is the change in net working capital for 2006? |A) |$122 | |B) |$643 | |C) |$765 | |D) |-$643 | |E) |-$122 | |31. |A number of years ago you bought some land for $100,000. Today it is worth $225,000. If the land has been rising is price by | | |5% per year compounded annually, how long have you owned the land? | |A) |14. 1 years | |B) |16. years | |C) |Can’t be determined with the given information | |D) |13. 8 years | |E) |12. 4 years | |FV = PV (1+tr) |[pic] | |FV = PV (1+r)t |[pic] | |[pic] |[pic] | |[pic] |[pic] |[pic] |[pic] | |[pic] |[pic] | |[pic] |[pic] | |[pic] |[pic] | |[pic] |[pic] | |[pic] |Total Dollar Return (TDR) = Dividend Income + Capital Gain (Loss) | | | | | |[pic] | |[pic] |[pic] | |[pic] |Variance of returns [pic] | |[pic] |[pic] | |[pic] |[pic] | |[pic] |[pic] | |Arbitrage Pricing Theory |PV of CCA tax shield [pic] | |[pic] | | |Current Ratio |= |Current Assets | |Total Asset |= |Sales | | | |Current Liabilities | |Turnover | |Total Assets | | | | | | | | | |Quick Ratio |= |Current Assets – Inventory | |ROA |= |Net Income | | |Current Liabilities | | | |Total Assets | | | | | | | | | |Inventory Turnover |= |COGS | |ROE |= |Net Income | | | |Inventory | | | |Total Equity | | | | | | | | | |Cash Ratio |= |Cash | |P/E Ratio |= |Price/common share | | | |Current Liabilities | | | |EPS | | | | | | | | | |Receivables |= |Sales | |Dividend Payout |= |DPS | |Turnover | |Accounts Receivable | |Ratio | |EPS | | | | | | | | | |D/E Ratio |= |Total Debt | |Dividend Payout |= |Cash Dividends | | | |Total Equity | |Ratio | |Net Income | | | | | | | | | |Total Debt Ratio |= |Total Debt | |Market to Book | |Price / Common share | | | |Total Assets | |Ratio |= |Book value of equity | | | | | | | | | | | | | | | | | |Equity multiplier |= |Total Assets | |Profit |= |Net Income | | | |Total Equity |Margin | |Sales | | | | | | | | | |Net Working |= |Net Working Capital | |Interval Measure |= |Current Assets | |Capital-Total Asset | |Total Assets | | | |Average Daily Operating Costs | | | | | | | | | |Long Term Debt |= |Long Term Debt | |Cash Coverage |= |EBIT + Depreciation | |Ratio | |Total Equity + LT Debt | |Ratio | |Interest | | | | | | | | | | | | | | | | |Days’ Sales in |= |365 Days | |Days’ Sales in |= |365 Days | |Receivables | |Receivables Turnover | |Inventory | |Inventory Turnover | | | | | | | | | |Internal Growth |= |ROA x R | |‘Sustainable |= |ROE x R | |Rate | |1 – ROA x R | |Growth Rate | |1  œ ROE x R | | | | | | | | | | | | | |‘Sustainable |= |p(S/A)(1+D/E) x R | | | | | |Growth Rate | |1 – p(S/A)(1+D/E) x R | | | | | | | | | |NWC |= |Sales | |Fixed Asset |= |Sales | |Turnover | |NWC | |Turnover | |Net Fixed Assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |Times Interest |= |EBIT | |CF from Assets = | | | | | |Operating CF – Cap Ex – Additions to NWC | | | | | | | | | | | |Operating CF = EBIT + Deprec – Tax | | | | | |=Sales – Costs – Taxes | | | | | |= (Sales – Costs) x (1 – Tc) + Deprec x Tc | | | | | | | | | | | |Cap Ex = End Gross FA – Beg Gross FA | | | | | |Cap Ex = End Net FA – Beg Net FA + Deprec | | | | | | | | | | |Add to NWC = End NWC – Beg NWC | | | | | | | | | | | |CF to Debtholders = Interest – Net New Debt | | | | | | | | | | | |CF to Shareholders = Divs – Net New Equi ty | | | | | | | | | | | |CF from Assets = CF to Debtholders + CF to | | | | | |Shareholders | |Earned | |Interest Charges | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Answer Key |2. |E | |3. |E | |4. |E | |5. B | |6. |E | |7. |D | |8. |A | |9. |A | |10. |A | |11. |A | |12. |C | |13. |A | |14. C | |15. |D | |16. |E | |17. |E | |18. |C | |19. |D | |20. |C | |21. |D | |22. D | |23. |C | |24. |C | |25. |A | |26. |D | |27. |B | |28. |C | |29. |E | |30. |E | |31. |B | How to cite Fin300 Midterm, Essay examples

Vioxx Recall free essay sample

By 2003, the panel monitoring this trial noted that the incidence of heart attacks and strokes was 20 percent higher among patients on VIOXX than on the placebo and by 2004 this difference was 80 percent; in September of that year Merck withdrew Vioxx from the market (Waymor). If I was the CEO of Merck I would have disclosed these risks to the FDA as soon as they were discovered so that the patients currently taking VIOXX would have been able to make their own informed decisions whether to continue taking it or not. Merck profits would have dropped, but patients would have lived and Merck’s legal liabilities would have been far less. By the time Merck withdrew VIOXX, they had known of evidence that it lead to increased cardiovascular risks for at least three years and possibly more and had publicly denied that there was any risk associated with VIOXX (Waymor). On September 30, 2004, Merck ran an ad in many national newspapers which  announced their withdrawal of VIOXX from the market. We will write a custom essay sample on Vioxx Recall or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The advertisement consisted of a letter from Raymond B. Gilmartin, Chairman, President and CEO of Merck, and included the company motto: where patients come first. The ad typically appeared in the business section of the newspaper, but lacing it in the daily newspaper around the country suggests that it was meant to be  viewed by the public at large. Gilmartin, asserted that the decision to withdraw VIOXX demonstrated that Mercks commitment to its patients is clear and concluded that it was taking action because we believe it best serves the interest of patients. The ad claimed that the withdraw was voluntary and repeated the claim four times in a one page letter. The company stated that it would reimburse all patients for their unused VIOXX (Heal). Mercks voluntary actions allowed the organization more control of the situation than a recall forced upon them by the FDA and it began the process of rebuilding trust with its stakeholders. It created the impression that Merck is a proactive company that takes necessary action by choice and is therefore socially responsible for the health of its patients. Merck also represented itself as socially responsible by proclaiming that sacrifices are being made for their patients welfare. The company urged patients to discontinue use of VIOXX and find alternative treatments for pain management (Heal). I feel that Merck did act socially responsible after the concerns about VIOXX had been made public. From an ethics point of view Merck should have disclosed its findings from the beginning. By continuing to produce and distribute VIOXX Merck endangered more lives. I feel that Merck did not have a choice but to take the necessary steps in order to rectify the situation. Merck acted socially responsible because they had too. If Merck had informed patients and medical professionals of its findings from the start then I feel that Merck would have saved itself a lot of time and money. I feel that Merck was not demonstrating social responsibility in the beginning. If Merck was truly concerned about clients health they would have made their findings public in 1999. Works Cited Waymor, Damion. Rhetorical and Critical Approached to Public Relations Edition 2. March 19, 2009 Heal, Geoffrey. When Principles Pay: Corporate Social Responsibility and the Bottom Line: May 2008 Lawrence, Anne T. Business and Society Stakeholders, Ethics, Public Policy 12th Edition New York, NY 2008. Print.