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Importance of genres of literature
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The Hero
Another Sunday morning came, and as I contemplated whether I should do my laundry, or go to the super market, or maybe even down to the mall to buy that fishing rod that was on sale, the phone suddenly rang.
"Hey Russ, do you want to go down to the mall? They have a sale at Big Video, all their heroes of action videos are on sale today" said my friend Gilbert.
I guess he read my mind, which came as a blessing, since decisions of the mediocre kind tend to be fruitless at this hour of the morning.
"I'll come by to pick you up in 20 minutes" I replied as I dragged my comb across my hair and was soon in my car on my way to the first task at hand.
Parking was a breeze this weekend as many Americans have chosen to recess their spending since the September 11 attack by terrorist. Only I, whom at one time had confronted their type on the operation table, was not about to give them the pleasure. Now bless me for my behavior for I was rewarded for the first time by the gift of front row parking. As I headed for the sporting good shop, Gilbert dashed to the video sale to assure his chances of getting there before his prizes were all sold out.
After I completed my procurement of that dashing blue fishing pole, I stopped at the Deli to pick up a hero sandwich in honor of a comrade in arms. As I ordered that big boy, I slipped the owner a ten-spot and asked if he could make this one special for someone deserving. He smiled and went to the oven to get a hot fresh loaf of bread. You could see the hot vapor rising, as he sliced though the crispy crust. He panned though the assortment of exotic mustards and picked out his all time favorites, spreading it across the aromatic loaf. He went straight for the refrigerator where he pulled fresh lettuce, tomatoes, and the large chunks of deli meats that were freshly sliced for the occasion. He added a few extra slices just to be sure the sandwich looked as good as its name.
Star Appliance is looking to expand their product line and is considering three different projects: dishwashers, garbage disposals, and trash compactors. We want to determine which project would be worth doing by determining if they will add value to Star. Thus, the project(s) that will add the most value to Star Appliance will be worth pursuing. The current hurdle rate of 10% should be re-evaluated by finding the weighted average cost of capital (WACC). Then by forecasting the cash flows of each project and discounting them by the WACC to find the net present value, or by solving for the internal rate of return, we should be able to see which projects Star should undertake.
A brave hero often risks his/her lives to save someone else. In Zeitoun, Dave Eggers tells us a story of Abdulrahman Zeitoun, the hard working Syrian American owner of a contracting company in New Orleans. Zeitoun and his wife Kathy ran the company together. They have three children named Nademah, Safiyah, Aisha. Kathy has a child from her first marriage. Zeitoun is very closed with his family and he takes his family like nobody else. When hurricane Katrina landed in 2005, endless number of people were affected. Mayor Nagin ordered a first time ever mandatory evacuation. Kathy moved with the children to her sister’s house in Baton Rouge. Zeitoun refused to leave with his family because he didn’t want lose his properties, but at the same time, his customers trusted him and gave him their house keys to check on their houses, which caused his separation with his family. This illustrates that Zeitoun is a responsible, powerful, trustworthy, and unselfish person. During the hurricane, Zeitoun was using a canoe rescuing people. Due to the lack of rescue work, many people didn’t get enough supports at that time. Zeitoun had the courage to sacrifice his family, safety, and selfish needs for saving the people.
Capital One uses IT through its information-based strategy (IBS) to “record, organize, and analyze data on the characteristics and behaviors of their customers,” as stated by CEO Richard Fairbank. Their philosophy was to exploit information by constructing scientific models that could be used to both assess the creditworthiness of potential cardholders through FICO scoring, and to customize product offerings for existing ones. This was done through data mining, sorting, customizing offers and marketing campaigns, and then analyzing this data to see what campaigns worked – for what reason and what it returned in revenue and profit generation. This differs from other financial institutions in that these other institutions were compiling data manually, accepting applicants based upon debt-income ratios and were all charging the same interest rate and annual fee.
Personally Saturday nights are my favorite, and I followed the same routine every weekend. So why would this weekend be any different? My room felt cozy as I looked up time to time to see my twinkling Christmas lights I leave up all year. I loved how the sweet scent of vanilla filled up the plain air of my bedroom. Wearing my biggest sweatshirt that dangled at my fingertips, I sat on my bed leaning comfortably on my pillows. Every now and then, the sound of a notification would break the sound of silence. This is how I preferred my Saturday nights to be.
Discounted Cash Flow Method takes the forecast free cash flows during forecasted horizon. Then we estimate the cost of capital (weighted average cost of capital) and estimate continuing value (value after forecast horizon). The future value is discounted to the present value. We than add back cash ($13 Million) and non-current assets and deduct total debt. With the information provided several assumptions had to be made to obtain reasonable values (life period of 30-years, Capital expenditures not to exceed $1 million dollars, depreciation to stay constant at $1.15 Million and a discounted rate of 10%). Based on our analysis, the company has a stand-alone value of $51 Million at the end of fiscal year end 1990 with a net present value of cash flows of $33 million that does not include the cash and non-current assets a cash of and non-current assets.
For many years the American Hero has filled the silver screen and wide screened television sets, along with shelves of countless bookstores. Audiences love to see the protagonist overcome great odds, defeat the forces of evil, and save the beautiful girl at the last second. The character of the American Hero however, is not a new idea. James Cooper, in the 1800’s, created the archetype of the American Hero. Natty Bumpo, also called Deerslayer, embodied many qualities of the great American Hero. Modern day heroes are simply following the example set by Cooper’s creation.
Camus’ book “The Plague” demonstrates the fight between a community and the bubonic plague. Camus creates a range of characters that deal with the plague in their own individual ways; the only hero among them is Jean Tarrou. Dr. Bernard Rieux comes close to being a hero but he falls short of this by the fact that he is doing his duty as a doctor, which is expected of him. Camus uses Jean Tarrou to speak to the reader on how to heroically deal with death. Jean Tarrou is also used as an example of heroes who get crushed by fate for rebellion.
Hero. Usually when this word is heard we think of Superman, Batman, Iron man and so on, but in reality what exactly is a hero? Who can be classified as heroic? From my perspective a hero is not only someone who wears a cape, has superhuman strength, wears fancy clothes or someone who saves his lady from the bad guy; however he is someone who stands for strength, bravery, humbleness, justice and equality. I believe a hero is someone who truly intends to make the world a better place for all people. He stands for what he believes in even though he may encounter danger and obstacle. We often watch movies with action heroes fighting for a good cause, but these heroes cause us ignore the real life heroes such as Cesar Chavez and Dr. Martin Luther King Jr. Cesar Chavez and Dr. Martin Luther King Jr are genuinely the definition of a hero.
A tragic hero is defined as a person of high social rank, who has a tragic flaw or flaws that lead to their downfall. These heroes’ downfalls are usually either complete ruin or death. Tragic heroes face their downfall with courage and dignity. While many characters in Julius Caesar could fit these conditions, the person who fits the role of a tragic hero the best is Marcus Brutus. Brutus develops into a tragic hero throughout the play, and this is shown though his qualifications of a tragic hero, his high status, his tragic flaws, and his courage in the face of his death.
When discussing the cost of equity capital, or the rate of return required by investors for their share expenses, there are three main models widely used for analyzation. These models are the dividend growth model, which operates on the variable of growth and future trends, the capital asset pricing model (CAPM), which operates on the premise that higher returns are a result of higher risk, and the arbitrage pricing theory (APT), which has a more flexible set of criteria than CAPM and takes advantage of mispriced securities
According to Perold (2004), ‘CAPM can be served as a benchmark for understanding the capital market phenomena that cause asset prices and investor behavior to deviate from the prescript...
The Net Present Value (NPV) is a Discounted Cash Flow (DCF) technique that relies on the concept of opportunity cost to place a value on cash inflows arising from capital investment, where opportunity cost is the "calculation of what is sacrificed or foregone as a result of a particular decision".
When I think of a hero I immediately think of someone who is strong, intelligent, handsome, and daring. Upon closer examination, many different qualities than these become apparent. Courage, honesty, bravery, selflessness, and the will to try are just a few of the overlooked qualities of a hero. The definition of heroism changes with the context and time. Heroes of the past are not necessarily heroes of present time and vise versa.
Today financial corporate managers are continually asking, “What will today’s investment look like for the future health of the company? Should financial decisions be put on hold until the markets become stronger? Is it more profitable to act now to better position the company’s market share?” These are all questions that could be clearly answered if the managers had a magical financial crystal ball. In lieu of the crystal ball, managers have a way of calculating the financial risks with some certainty to better predict positive financial investment outcomes through the discounted cash flow valuation (DCF). DCF valuation is a realistic approach, a tool used, to “determine the future and present value of investments with multiple cash flows” over a particular period of time which is incurred at the end of each period (Ross, Westerfield, & Jordan, 2011). Solutions Matrix defines DCF as a “cash flow summary adjusted so as to reflect the time value of money (The Meaning of Discounted Cash Flow, 2014).” The valuation of money paid or rec...
The Modern portfolio theory {MPT}, "proposes how rational investors will use diversification to optimize their portfolios, and how an asset should be priced given its risk relative to the market as a whole. The basic concepts of the theory are the efficient frontier, Capital Asset Pricing Model and beta coefficient, the Capital Market Line and the Securities Market Line. MPT models the return of an asset as a random variable and a portfolio as a weighted combination of assets; the return of a portfolio is thus also a random variable and consequently has an expected value and a variance.