Fate :: Fate Destiny Essays

Fate Webster defines fate as a â€Å" a power thought to control all events and impossible to resist† â€Å"a persons destiny.† This would imply that fate has an over whelming power over the mind. This thing called fate is able to control a person and that person has no ability to change it. Its been proven time and time again that the human mind can over come any obstacle. An asset to the mind is a persons will. With the combination of a person’s mind and their will to decide their own destiny this thing called fate can be over come.   Ã‚  Ã‚  Ã‚  Ã‚  Some people say that a person’s fate is pre destined. That nothing they do in life is by accident and everything that you do has been decided by a higher power. If that were so than why would this being of higher intelligence waste his time on some that he planned out. He already knows how it going to turnout so why even blow centuries of time watching this boring play. I don’t know about you but I someone tells me the ending to the movie then why waste time waiting for what you already know is going to happen. Another popular opinion is that a persons will is stronger than that of any barrier put in his way. That this thing called fate is only an obstacle that can be over passed just by the implement of a person’s mind. This breed of people believes that nothing can control all events and that the mind can resist all temptations if properly trained. I myself have different theory. That yes there is a higher power that puts fate into play. He sits there and watches how his cine will play out. Unlike others I ask myself a question wouldn’t a being of higher power want a little drama a little break from the norm. I believe that he gave us a thing called free will. The ability to put into play our own set of events. If I was a director and I didn’t have to worry about time or money, I would like to see how my movie turned out if I wrote the beginning and let the actors decide the ending.

Fin 516 Quiz 1

1. | Question 😠 (TCO C) Blease Inc. has a capital budget of $625,000, and it wants to maintain a target capital structure of 60 percent  debt and 40 percent  equity. The company forecasts a net income of $475,000. If it follows the residual dividend policy, what is its forecasted dividend payout ratio? (a) 40. 61% (b) 42. 75% (c) 45. 00% (d) 47. 37% (e) 49. 74% | | | Student Answer:|   | (d) 47. 37 Equity required (Residual income) = $625,000*40% = $250,000 Dividend paid = $475,000 – $250,000 = $225,000 Dividend payout ratio = 225000/475000 = 47. 37% |   | Instructor Explanation:| Answer is: dText: pp. 570-572 – Residual Dividends, Chapter 14 Capital budget $625,000 Equity ratio 40% Net income (NI) $475,000 Dividends paid = NI – (Equity ratio)(Capital budget) $225,000 Dividend payout ratio = Dividends paid/NI 47. 37% | | | | Points Received:| 10 of 10 | | Comments:| | | | 2. | Question 😠 (TCO F) The following data applies to Saunders Corpora tion's convertible bonds: Maturity: 10 Stock price: $30. 00 Par value: $1,000. 00 Conversion price: $35. 00 Annual coupon: 5. 00% Straight-debt yield: 8. 00% What is the bond's conversion value? (a) $698. 15 (b) $734. 89 (c) $773. 57 (d) $814. 29 e) $857. 14 | | | Student Answer:|   | (e) $857. 14 Conversion ratio = Par value / Conversion Price= 28. 5714 =1000/35 Current share price= $30. 00 Therefore, conversion value of the bond= $857. 14 =28. 5714Ãâ€"30 |   | Instructor Explanation:| Answer is: e Chapter 19: pp. 770-774 Conversion value = Conversion ratio x Market price of stock = $857. 14 | | | | Points Received:| 10 of 10 | | Comments:| | | | 3. | Question 😠 (TCO B) SA – Your firm has debt worth $350,000, with a yield of 12. 5 percent, and equity worth $700,000. It is growing at a  seven percent rate, and faces a 40 percent tax rate.A similar firm with no debt has a cost equity of 17 percent. Under the MM extension with growth, what is its cost of equity? ( a) 19. 25% (b) 21. 75% (c) 18. 0% (d) 17. 5% (e) 18. 4% | | | Student Answer:|   | | | Instructor Explanation:| A is correct. Instructor Explanation: M & M Extension with Growth – Section 26. 4 (pp. 1011-1015) rsL = rsU + (rsU – rd)(D/S) 19. 25% = 17% + (17%-12. 5%)(350,000/700,000)| | | | Points Received:| 10 of 20 | | Comments:| this is you emailed solution – 4. (TCO B) SA – Your firm has debt worth $350,000, with a yield of 12. 5 percent, and equity worth $700,000.It is growing at a seven percent rate, and faces a 40 percent tax rate. A similar firm with no debt has a cost equity of 17 percent. Under the MM extension with growth, what is its cost of equity? My answer is: (d) 17. 5% rsL = rsU + (rsU – rd)(D/S) 17. 5% = 15% + (15%-10%)(200,000/400,000 I am not sure where you got the 15% number for the rsU or the 200,000 for D or the 400,000 for S the calculations and formula are correct but you used all incorrect inputs so I will give you 1/2 cr edit A is correct. Instructor Explanation: M & M Extension with Growth – Section 26. (pp. 1011-1015) rsL = rsU + (rsU – rd)(D/S) 19. 25% = 17% + (17%-12. 5%)(350,000/700,000) | | | 4. | Question 😠 (TCO B) Firm L has debt with a market value of $200,000 and a yield of nine percent. The firm's equity has a market value of $300,000, its earnings are growing at a  five percent  rate, and its tax rate is 40 percent. A similar firm with no debt has a cost of equity of 12 percent. Under the MM extension with growth, what would Firm L's total value be if it had no debt? (a) $358,421 (b) $377,286 (c) $397,143 (d) $417,000 (e) $437,850 | | Student Answer:|   | (c) $397,143 VTotal = VU + VTS, so VU = VTotal – VTS = D + S – VTS. Value tax shelter = VTS = rdTD/(rsU – g) = 0. 09(0. 40)($200,000)/(0. 12 – 0. 05) = $102,857 VU = $300,000 + $200,000 – $102,857 = $397,143 |   | Instructor Explanation:| Answer is: c Chapter 26, pp. 1011-1 015 Debt: $200,000 Equity: $300,000 rd: 9% rsU : 12% T: 40% g: 5% Firm L has a total value of $200,000 + $300,000 = $500,000. A similar firm with no debt should have a smaller valu(e) Here is the calculation: VTotal = VU + VTS, so VU = VTotal – VTS = D + S – VTS. Value tax shelter = VTS = rdTD/(rsU – g) = 0. 9(0. 40)($200,000)/(0. 12 – 0. 05) = $102,857 VU = $300,000 + $200,000 – $102,857 = $397,143 | | | | Points Received:| 20 of 20 | | Comments:| | | | 5. | Question 😠 (TCO A) Which of the following statements is CORRECT? (a) An option's value is determined by its exercise value, which is the market price of the stock less its striking price. Thus, an option can't sell for more than its exercise value. (b) As the stock’s price rises, the time value portion of an option on a stock increases because the difference between the price of the stock and the fixed strike price increases. c) Issuing options provides companies with a low cost method of raising capital. (d) The market value of an option depends in part on the option's time to maturity and also on the variability of the underlying stock's price. (e) The potential loss on an option decreases as the option sells at higher and higher prices because the profit margin gets bigger. | | | Student Answer:|   | (c) Issuing options provides companies with a low cost method of raising capital. |   | Instructor Explanation:| Answer is: d Chapter 8, pp. 306-310 | | | | Points Received:| 0 of 20 | Comments:| Companies do not issue Options – they are a trading vehicle of the exchanges – no capital from options go to the firm | | | 6. | Question 😠 (TCO F) Suppose the December CBOT Treasury bond futures contract has a quoted price of 80-07. What is the implied annual interest rate inherent in the futures contract? Assume this contract is based on a 20 year Treasury bond with semi-annual interest payments. The face value of the bond is $1000, and th e semi-annual coupon payments are $30. The annual coupon rate on the bonds is $60 per bond (or 6%).The futures contract has 100 bonds. (a) 6. 86% (b) 7. 22% (c) 7. 60% (d) 8. 00% (e) 8. 40% | | | Student Answer:|   | (d) 8% Quote: 80’07 0. 80 0. 07 N: 40 PV = (0. 80+0. 07/32) ? $1,000 = -$802. 1875 FV = $1,000 PMT = $30 I/YR = 4. 00% Annual rate: I/YR ? 2 = 8. 00% |   | Instructor Explanation:| Answer is: d Chapter 23, pp. 917-923 Answer Detail: Quote: 80-07 0. 80 0. 07 N: 40 PV = (0. 80+0. 07/32) ? $1,000 = -$802. 1875 FV = $1,000 PMT = $30 I/YR = 4. 00% Annual rate: I/YR ? 2 = 8. 00% | | | | Points Received:| 20 of 20 | | Comments:| | | | | |

Change Essay

Change Essay All change has consequences. In Abraham Lincoln’s Gettysburg address 1863, John F. Kennedy’s 1961 Inaugural Speech 1963 and â€Å"Forgotten Jelly† by Megan Jacobson a story from the perspective of an overweight girl who is blinded by her attitude from her friend’s battle with anorexia, both the positive and negative consequences of change are explored. The effects of change are demonstrated in many different ways, however, they all attempt to convey a central aspect of change; that all change has ramifications.As highlighted in Lincoln’s Gettysburg address, he conveys to the audience that they must put aside their differences and instead draw on the heritage that they share. His phrase â€Å"our fathers brought forth on this continent a new nation† unites the audience as they ponder their similarities with the South. Kennedy’s Inaugural Address also reflects on the history shared by all Americans as he attempts to unite th em behind the goal of world peace in the context of the Cold War â€Å"We are the heirs of the first revolution†¦ Let the word go forth that the torch has passed to a new generation of Americans†.This utilization of emotive language aims to unify of all America by provoking their natural patriotism. The greatest barrier to change can be our sense of self. Jacobson’s â€Å"Forgotten Jelly† explores this through the eyes of an overweight girl who fails to recognise the trauma her friend is going through. Jacobson employs hyperbole to convey to the reader how self-obsessed the narrator is. â€Å"Body quaking more than Tokyo† suggests that she wants to draw focus to herself. It also supports how badly damaged her self body image is.This is also explained by Lincoln when he invokes the â€Å"great civil war† America is engaged in, which he is not sure the nation can endure. Lincoln varies his sentences to emphasise the importance of the crossroads the nation is at and how they must look beyond themselves to a bigger picture. This notion is illuminated in his words â€Å"but in a larger sense, we cannot dedicate. † A united will can effect great change. In Kennedy’s Inaugural Address he knew he must inspire his people to enable them to help bring peace throughout the world.The United States was again at a crossroads with the Cold War at its height, Kennedy had become president by the narrowest of margins in history. His speech represents a turning point as nearly 75% of Americans expressed approval of Kennedy following his address. Kennedy immediately invoked both God and the shared heritage of the American citizens, to immediately unite his audience behind his call to unity as well as infusing his speech with a sense of higher purpose. I have sworn before you and Almighty God the same solemn oath our forebears prescribed. † Similarly, Lincoln is the leader of a country at a critical point, the civil war ha s dragged on for several years. He invokes the Declaration of Independence the most sacred text in America to emphasise the fact that they must unite, before they destroy themselves. His reliance on inclusive language, specifically the word â€Å"we† which threads throughout the speech, binds the audience to a shared goal, it is as if the speaker in in effect all Americans.Lincoln also employs biblical referencing â€Å"fourscore and seven years ago†, the elegant ring of the biblical phrasing draws his audience to him as if he represents a form of higher power. Change can have both positive and negative consequences. This idea is conveyed in all three texts. Lincoln explains that the positive aspects will be that all men will be equal after the completion of the war. However, he also expresses regret that it has come to the point where people must give their lives so that everyone can be treated justly.This idea is underscored in the quote â€Å"All men are created eq ual†¦ those here gave their lives so that that nation may live. † Kennedy too notes that change has brought about many great endeavours as well as the â€Å"power to abolish all forms of human poverty. † He does express concern over that fact that mankind â€Å"has the power to abolish all forms of human life. † And Jacobson reflects on how the persona is now able to realise that she is not the centre of the universe, she is now able to help her friend in her darkest hour and become a better person for it. No-one noticed me†¦ I didn’t notice me. † This places in the spotlight the mental change she undertakes by employing repetition to highlight the fact. Change does not always come easily and can take time to accomplish. The complexity of change is emphasised by both Kennedy and Lincoln. Kennedy, whilst uniting his people behind him in a pledge for world peace explains that this change may not even happen in our lifetime. â€Å"This will n ot be finished in the first 100 days†¦ The first 1000 days†¦ Nor perhaps in our lifetime on the planet.But let us begin. † This draws his people in to him with the utilization of prepetition to illustrate the fact they can be world leaders. Lincoln conveys this message through the phrase â€Å"dedicated to the great task remaining before us† which employs high modality to illuminate that while they are dedicating this war cemetery to the dead. They must remember that their duty is to the living and fostering a better world for the future generations. Accordingly, change has consequences, both positive and negative.Lincoln’s Gettysburg Address that when resisted it can undermine national unity and indeed perpetuate war. Change can also be embraced positively not only by a certain group of people, but the whole world as represented in Kennedy’s Inaugural Address. Change can come without choice and lead to new insights, as revealed in Jacobsonâ€⠄¢s â€Å"Forgotten Jelly. † Change transforms, be it mental or physical, individual or universal it allows people to grow. Word count 1,131 By Jim Nash

Abuse Of The Innocent Essays - Animal Welfare, Cruelty To Animals

Abuse Of The Innocent Essays - Animal Welfare, Cruelty To Animals Abuse of the Innocent Is it right to force a mouse to live it's live in a laboratory cage to test anti-cancer drug? How would you like to be squeezed in a cage with many other animals, not being able to touch the grass, run around and play, smell the flowers, or go for a walk in the warmth of the sunshine? Animal cruelty is wrong because we are hurting the Innocent. Animals experience and feel pain, fear , anxiety, stress, depression, boredom, joy and happiness. Animals are very intelligent, some ever learn our own language. Most people experience their first bond with an animal. Not only do they bring a companion and a friend into our lives, but also unconditional love and comfort. Pet shops and puppy mills mass produce, kennels are overcrowded and dirty, with very little nutrition. Cats/dogs are held in metal cages and lead miserable lives breeding continuously. Animals suffer and are neglected, some are sold to research laboratories. A large number of animals are raised for slaughter each year. A cow "has a natural life span of twenty- five to thirty years, but only survives for an average of five".1 An estimated "seventeen million raccoons, beavers, bobcats, lynx, coyotes, muskrats, nutria, and other animals are trapped each year in the United States for fur".2 They suffer from unbearable pain for several hours before their lives are ended by the trapper's club. Is the price of live worth the price of fur? Psalm 104, 27-30. All creatures depend on you to feed them throughout the year: you provide the food they eat, with generous hands you satisfy their hunger. You turn your face away, they suffer. You stop their breath, they die and revert to dust. You give breath, fresh life begins, you keep renewing the world. Disections have been practiced in biology classes for many years. Critics accuse some teachers of killing and argue that disection teaches nothing but cruelty. Nothing is learned by cutting up an animal that cannot be learned from photographs or drawings. Children do not learn about the human body by killing and disecting a person, they learn from diagrams and textbooks. Vivisection means "cutting alive". It is a worldwide practice involving millions of animals. Scientists say that vivisections may not necessarily be painful. Every living being with a brain, spinal column, and central nervous system feels pain. Animals were not created for entertainment. What do zoos really teach children? The animals are stolen from their natural habitats and are brutally transferred. They suffer from boredom and have natural needs such as running, climbing, flying, and natural mating. All of the magic and glitter of the circus hides the true animal cruelty. Several animals are confined to small cages, muzzled, and repeatedly whipped in training. They are declawed, have their teeth removed, and drugged to be obedient. Military research on animals include monkeys, baboons, rats, guinea pigs, sheep, dogs, cats, rabbits, and mice. "... when I see my closest relative locked in a restraining box, his head filled with electrodes, and all he has got to reach out to you is with his eyes, then how can we respond to that if we close ours?".3 Weapons are tested on innocent animals, nerve gas, bullets, and bombs are all used. "One sad insight is gleaned from this statement, made by a Porton workman who lost his bearings: 'I thought I was ill, I thought I was seeing things. It was a little monkey enclosed In a glass cage. Its eyes seemed to be falling out and it couldn't breathe. It was in dreadful, dreadful distress. I forgot everything and went near it and said something to it, and it buried its head in it's arms and sobbed like a child. I never slept that night, and the next day managed to go back to the same room, but it was nearly finished by then. It had sunk to a little heap at the bottom of the glass cage.'."4 Animal cruelty is wrong, we are hurting the innocent. Cruelty of animals can be stopped, not only do we have to open our eyes, but open our mouths as well. Read a book, write a letter, join a group or start a group, either way, an animal will be grateful for the chance of a happy life. 656 End Notes 1. Loraine Kay, Living Without Cruelty, (London: Sidwick & Jackson, 1990), p.15. 2. Laura Fraser, The Animal

Interesting Facts About Asian Americans

Interesting Facts About Asian Americans The United States has recognized May as Asian-Pacific American Heritage Month since 1992. In honor of the cultural observance, the U.S. Census Bureau has compiled a series of facts about the Asian American community. How much do you know about the diverse groups that make up this community? Test your knowledge with federal government statistics that bring the Asian American population into focus.​ Asians Across America Asian Americans make up 17.3 million, or 5.6 percent, of the U.S. population. Most Asian Americans reside in California, home to 5.6 million of this racial group. New York comes in next with 1.6 million Asian Americans. Hawaii, however, has the largest share of Asian Americans- 57 percent. The Asian American growth rate was higher than any other racial group from 2000 to 2010, according to the census. During that time, the Asian American population grew by 46 percent. Diversity in Numbers A wide range of ethnic groups makes up the Asian-Pacific American population. Chinese Americans stand out as the largest Asian ethnic group in the U.S with a population of 3.8 million. Filipinos come in second with 3.4 million. Indians (3.2 million), Vietnamese (1.7 million), Koreans (1.7 million) and Japanese (1.3 million) round out the major Asian ethnic groups in the U.S. Asian languages spoken in the U.S. mirror this trend. Nearly 3 million Americans speak Chinese (second to Spanish as the most popular non-English language in the U.S.). More than 1 million Americans speak Tagalog, Vietnamese and Korean, according to the census. Wealth Among Asian-Pacific Americans Household income among the Asian-Pacific American community varies widely. On average, those who identify as Asian American take in $67,022 yearly. But the Census Bureau found that income rates depend on the Asian group in question. While Indian Americans have a household income of $90,711, Bangladeshis bring in significantly less- $48,471 yearly. Moreover, those Americans who identify specifically as Pacific Islanders have household incomes of $52,776. Poverty rates also vary. The Asian American poverty rate is 12 percent, while the Pacific Islander poverty rate is 18.8 percent. Educational Attainment Among the APA Population An analysis of educational attainment among the Asian-Pacific American population reveals intra-racial disparities as well. While there’s no major difference between Asian Americans and Pacific Islanders in high school graduation rates- 85 percent of the former and 87 percent of the latter have high school diplomas- there’s a huge gap in college graduation rates. Fifty percent of Asian Americans age 25 and up have graduated from college, nearly double the U.S. average of 28 percent. However, just 15 percent of Pacific Islanders have bachelor’s degrees. Asian Americans also outpace the general U.S. population and Pacific Islanders where graduate degrees are concerned. Twenty percent of Asian Americans age 25 and up have graduate degrees, compared to 10 percent of the general U.S. population and just four percent of Pacific Islanders. Advances in Business Both Asian Americans and Pacific Islanders have made headway in the business sector in recent years. Asian Americans owned 1.5 million U.S. businesses in 2007, a 40.4 percent rise from 2002. The number of businesses owned by Pacific Islanders also grew. In 2007, this population owned 37,687 businesses, a jump of 30.2 percent from 2002. Hawaii boasts the largest percentage of businesses started by people of both Asian American and Pacific Islander heritage. Hawaii is home to 47 percent of businesses owned by Asian Americans and nine percent of business owned by Pacific Islanders. Military Service Asian Americans and Pacific Islanders both have a long history of serving in the military. Historians have noted their exemplary service during World War II, when individuals of Japanese American heritage were vilified after Japan bombed Pearl Harbor. Today, there are 265,200 Asian American military veterans, a third of whom are age 65 and up. There are currently 27,800 military veterans of Pacific Islander background. Approximately 20 percent of such veterans are 65 and up. These numbers reveal that while Asian Americans and Pacific Islanders have historically served in the armed forces, younger generations of the APA community continue to fight for their country.

Social Work Nursing Case Study Example | Topics and Well Written Essays - 1500 words

Social Work Nursing - Case Study Example Nursing is a profession which really teaches you beside other professional knowledge as to how to become more patient and serve the humanity with all your heart and soul. It not only provides you a chance to be more caring and considerate but also give you an opportunity to grow as a person. Further Nursing as a profession has evolved over the period of time and has now emerged one of the highly respectable and demanding professions of the world. With these aims in my mind, I chose to consider nursing as my professionNursing, as a profession, need to have a balanced view where the new entrants into the profession must also know about the academic knowledge of their profession however, they must possess the knowledge of the practical realities of the profession also. However, this can only be done if people who train them should have practical as well as academic knowledge.Since mental health is also related with the psychology of a person therefore I believe this aspect of the profes sion has also allowed me to consider this as a profession which is worthwhile to be pursued. It is believed the psychology emerged on its modern footings almost a century ago however its influence is still considered to be current in terms of its impact on the overall sciences related with mental and physical health of a person. What was most fascinating about this emergence of the psychology is the fact that it had radically changed the way we use to perceive and view life at large. However no science can play a constructive and positive role in society until and unless it is not ethically practiced. It also must be noted that traditionally psychologists have relied on the principles of value avoiding and value neutral model where it was believed that in order to get the truth- the truth about the person, moral values could not be taken into account. (Lowen, 1993). One of the most important reasons that I wish to study to study for this profession is the fact that it provides a very accurate and true picture of how a person evolve over the period of time. Every person’s life carries a distinct plot, a different set of characteristics which distinguish each of us from others. (Hockbury, 1996,375). It is important in the sense that it provides you a better look at how the life unfolds itself and how we as professionals can contribute towards the overall

Legal Aspects of Business - Law of Contract Assignment

Legal Aspects of Business - Law of Contract - Assignment Example The first and foremost thing essential for the formation of an agreement and then a contract is an offer. Offer indicates one’s willingness to do something or abstain from doing something with an intention to obtain the assent of the other. This proposal is meant for entering into a legally binding agreement. Acceptance means the approval of the other party to whom the offer has been made. In the given assignment, John is the ‘offeror’ and Kathryn is the acceptor. The offer of John to sell a brand I-Mobile for â‚ ¬300 was accepted by Kathryn though with certain changes in the actual offer. Another essential element of a valid agreement and contract is the proper communication regarding offer and acceptance. As Miller and Gentz (2010, 208) point out, two parties can enter into an agreement only through the communication of the proposal or offer and its acceptance. Such a proposal made by one party to the other is called an offer. Once the other party to whom the offer is given accepts it, it becomes a promise. Acceptance is the consent of the other party to the invitation of the first party to do something or abstain from doing something (ibid). An assent or consent to the offer is termed as an acceptance. To make the communication of offer and acceptance more meaningful, the parties in a contract must have agreed upon the subject matter of the contract in the same sense and in the same manner (ibid). A mere mental resolve on the part of the offeree to accept the offer does not amount to acceptance due to lack of manifestation of the intension to do so. There should be an oral or written communication between the offeror and the acceptor regarding the acceptance or denial of the same. Here, no such offer has been made by John to Kathryn. What John has made is just a statement that he is ready to sell his last year model mobile phone