James Cook

James Cook Essay Alice Holder James Cook Essay Alice Holder In 1788, the Europeans attacked Australia after the First Fleet of British boats arrived in Botany Bay on the eighteenth of January, however then moored in Port Jackson, which we know as Sydney, New South Wales. At that point, there were Over 750000 Aboriginal individuals in Australia. Lieutenant James Cook had announced Australia to be land nullius (no one’s land) in 1770 after which the pioneers concurred together that they could make the land their own. Cook accepted that the Aboriginals lived well.They had all that they required in that time, and were in his view to be more advantageous and more joyful than most Europeans. Cook’s sentiment can be viewed as substantial in light of the fact that in 1788 the indigenous individuals had exceptionally complex social structures, and correspondence was a solid piece of their lives. There were different various clans or gathering social affairs around this timeframe , and the Aboriginals wanted to get together to talk and see one another, regardless of whether they were discussing their day, their issues, or anything. They had a wide range of gatherings of individuals to converse with, or allude back to, and a large portion of these connections were reasonably strong.A not many of these gatherings were family relationships, strict gatherings, countries, and moiety and physical structures. Family is an exceptionally solid perspective in the native culture. More often than not they had more distant families and the oldest not many in the family took on significant jobs in caring for the family and assisting. Correspondence and social events were underestimated in the families, aside from the relative standard, which is the point at which you can't talk straightforwardly to your mother by marriage. This standard applies to the two people, and in the event that correspondence was important, at that point they would talk by means of third individual , yet never make one on one correspondence with the person.This is a case of Cook accepting that the aboriginals were wealthy in companionship, family and correspondence, since they had such a significant number of various clans to allude back to, and are incredible at correspondence and engaging with others and gatherings. In this season of life, there wasn’t the nearby shop to proceed to purchase your food and fundamental needs. There wasn’t a move school close by to gain proficiency with the most recent moves. There wasn’t skewering classes to figure out how to battle for your food, everybody needed to master everything without anyone else, or learn off each other.The Aboriginal culture was exceptionally lucky in having the ability to get what they need, wether that was battling for food, making weapons, and so on. They kept warm by resting or simply sitting in the middle of two little flames, and they additionally had dingos, which is an outdoors hound which they dozed close to keep warm. They created skewering abilities since that was the main way they could get food to live off. They were never debilitated and just appeared to take advantage of what they had, and never had awful considerations about what they had, in light of the fact that they realized they had the best, and all they expected to endure; and they were wealthier than the normal European.In rundown, Cook’s see that aboriginals were not savages is assuredly right. They had all that they expected to carry on with a long and upbeat life contrasted with the Europeans. Numerous individuals didn't accept this, and had an away from of the Aboriginal culture in their mind, yet this wasn't right. Customary Life, Housing, (date obscure), Aboriginal Culture, [web page], <http://www. aboriginalculture. com. au/lodging. shtml>, [accessed eighth May 2012]

Need help to write reflection paragraph for my project about the Assignment

Need assistance to compose reflection passage for my venture about the system venture on ( Cesim Business Management Simulations ) - Assignment Example We took in this throughout the game. Here and there, there just ideas that are unreasonably unique for us to comprehend in a study hall setting and just value it in a business setting. For instance, we chose to make our expenses and cost low in the last not many rounds believing that it would it increment our net benefit by holding the findings down. Hypothetically, our suspicion ought to be correct however it is simply too shortsighted to even consider assuming that net benefit will increment whenever cost will be diminished in light of the fact that there are likewise different interesting points in making benefit. For our situation, we decrease our expenses and cost to just 740,749 which is one of the most minimal in the game. Hypothetically, in the event that our reasonings were little, at that point our net benefit ought to be high. We understand that it doesn't really follow along these lines. Diminishing expenses, particularly those that are basic in producing incomes isn't ge nerally sound for the business. We are likewise not productive in utilizing our assets to create income. We may have perhaps the most reduced expense in the game regarding numbers however in the event that we relate this to the income created, we are in certainty one of the costliest business if not the costliest. Presently, this would be hard to acknowledge in a study hall conversation. We have a ton of fixed resources yet it didn't produce income and just brought about us devaluation of 437â 722 which can be considered as the most noteworthy in the game regardless of whether it isn't the most elevated in numbers term since it just created a business income of 1â 273â 665. These erroneous suspicions, drove us to do inadequately in the last scarcely any rounds of the game. We were doing extraordinary in the initial hardly any rounds however wrong presumptions pulled us in the read as it were, in the last scarcely any rounds since we had wrong suppositions. Beneficial thing this was only a game in such a case tha t this was the reality, our group would have lost our shirt. The game filled its need of letting us see how different ideas and parts in

What are the Pros and Cons of Cigarette Smoking

What are the Pros and Cons of Cigarette Smoking Addiction Coping and Recovery Personal Stories Print The Pros and Cons of Smoking A List Compiled by an Ex-Smoker By Terry Martin facebook twitter Terry Martin quit smoking after 26 years and is now an advocate for those seeking freedom from nicotine addiction. Learn about our editorial policy Terry Martin Updated on January 07, 2020 Mixmike / Getty Images More in Addiction Coping and Recovery Personal Stories Methods and Support Overcoming Addiction Alcohol Use Addictive Behaviors Drug Use Nicotine Use As of Dec. 20, 2019, the new legal age limit is 21 years old for purchasing cigarettes, cigars, or any other tobacco products in the U.S. Most  long-term smokers have a love/hate relationship with cigarettes. From the moment we awake in the morning until we lay our heads down on the pillow at night, cigarettes punctuate each and every activity of our daily lives. It becomes a very heavy load to carry over time. When we decide to quit, untangling the associations weve built up over a lifetime of smoking takes conscious effort;?? something that smoking cessation forum member Zoe illustrates beautifully below. In her list of pros and cons, Zoe takes a critical look at how smoking made her feel. A powerful exercise in stepping out from behind the smoke screen that nicotine addiction forces us to live behind, a pros and cons list allows us to uncover the truth about our relationship with smoking. From there, the work of healing can begin ... as it did for Zoe. From Zoe I made a list of what I liked about smoking vs. what I hated about smoking ... and though I really missed it at first, looking at this list made me see that I didnt like smoking as much as I thought I did. What I Liked About Smoking The bonding I experienced with other smokers.The feeling of creating a ritual.Watching the cigarette burn and watching the smoke swirl.Momentary gratification. What I Hated About Smoking The after-smell on my clothes, furniture, car, house, everything. Yuck.Not being able to breathe properly.The constant nagging cough. All day, all night.Lots of phlegm, lots of throat-clearing and losing my voice mid-sentence.Painful heartburn every night and every time I drank coffee.Feeling winded after extremely mild activity.Severe throbbing headaches, occasional migraines.Lingering colds and bronchitis.Racing heartbeat, more sweating.Increased rate of hypertension.Dizziness after smoking too fast or [having] too many cigarettes.Nausea from smoking too much.The constant coppery, ashy taste in my mouth.Yellow skin, teeth, and fingernails.Scaly, unhealthy-feeling skin.Anxiety from the fear about what I was doing to myself and the consequences.No relaxation, always feeling in need of something. A constant feeling of not being satisfied.Mini-withdrawals throughout the day.Feelings of shame while spending time with nonsmokers.Not accomplishing tasks because of wasted time smoking.The late-evening/middle-of-the-night trip to the gas station.Going out in bad weather to smoke alone.Feelings of inadequacy and substance dependence.Driving my cat out of the room every time I lit up.Dry mouth and constant feelings of thirst.Coughing so hard that I made myself sick.Trembling hands and fingertips.Fear. Of being unable to quit, of dying an untimely, painful death.The stinging feeling in my lungs when I tried to take a deeper or slower breath.Getting smoke in my eyes.Burning my lips on the filter.Trying to light short butts and feeling my eyebrows singe. Ouch!Re-lighting a previously torched cigarette, so I dont waste any tobacco.Overflowing ashtrays, ashes, and dust everywhere.Burn holes in my car upholstery and on my clothes.Will I fall asleep smoking?Will I catch something on fire?Dry, chapped lips.The cost. All that money wasted on ruining my health and well-being.My nails and hair grew very slowly.Smoking fueled my compulsiveness relating to other bad habits, such as nail-biting and binge-eating.Having to reapply my lipstick after smoking.The filthy taste of cheap tobacco.Having to crack the car window in the pouring rain. Wet leg, wet arm, water in my eyes.Tar build-up on windows and furniture.The way my hair and skin smelled.Limited motivation and energy.Spilled tobacco in my purse, on my dresser, on my computer desk.Lighting the filter end by mistake...Dropping a cigarette while driving.Trying to tap my ashes out the car window ... while the window is rolled up.Dropping hot ashes or losing the tip of a cigarette.Oops! Tapped ashes in my drink.Feeling exiled in the smoking section/smoking room.Dulled sense of taste and smell. Maybe you should sit down and make a list like this for yourself. It might give you the nudge towards where you know you want to be.~Zoe A Word From Verywell Zoe is right. Crafting your own list of pros and cons is an eye-opening way to see just what smoking means to us, good, bad and ugly. A list will help you build motivation to quit smoking once and for all. Think about how smoking makes you feel, both physically and emotionally.  Try to honestly list out all of the positives and negatives and it will reinforce your desire to stop the madness that smoking is.?? The resources below will help you understand what to expect as you move through the process of recovery from nicotine addiction. Why You Should Consider Quitting SmokingWhat to Expect from Nicotine WithdrawalPersonal Quit Stories Dont fear smoking cessation.  Dig your heels in and go.  The discomforts are all temporary and give way to outstanding benefits that will continue to grow with time.

Quotes from James K. Polk

Read the words of James K. Polk, the eleventh President of the United States.   No President who performs his duties faithfully and conscientiously can have any leisure. Foreign powers do not seem to appreciate the true character of our government. There is more selfishness and less principle among members of Congress...than I had any conception of, before I became President of the U.S. In executing this power by levying a tariff of duties for the support of Government, the raising of revenue should be the object and protection the incident. To reverse this principle and make protection the object and revenue the incident would be to inflict manifest injustice upon all other than the protected interests. Well may the boldest fear and the wisest tremble when incurring responsibilities on which may depend our countrys peace and prosperity, and in some degree the hopes and happiness of the whole human family. I cannot, whilst President of the United States, descend to enter into a newspaper controversy. I prefer to supervise the whole operations of Government myself rather than entrust the public business to subordinates and this makes my duties very great. Well may the boldest fear and the wisest tremble when incurring responsibilities on which may depend our countrys peace and prosperity, and in some degree the hopes and happiness of the whole human family. Although in our country the Chief Magistrate must almost of necessity be chosen by a party and stand pledged to its principles and measures, yet in his official action he should not be the President of a party only, but of the whole people of the United States. The world has nothing to fear from military ambition in our Government. While the Chief Magistrate and the popular branch of Congress are elected for short terms by the suffrages of those millions who must in their own persons bear all the burdens and miseries of war, our Government can not be otherwise than pacific.

Signature Assignment Portrait Of An Early Learner Essay

Portrait of an Early Childhood Learner Trissy Coppens Arizona State University Foundations of Diversity, Human Development, and the Young Child ECD 549 Larry Sidlik, Dr. Michael Roberts, Monique Davis December 4, 2014 Portrait of an Early Childhood Learner (MHC Early Childhood Solutions, n.d.) Did you survive the â€Å"terrible two’s?† Well congratulations and welcome to the what lies ahead for you and your three year old child. The next few years are called the â€Å"magic years† because it seems like magic that your child is finally listening to you and for your child it is an opportunity for their imagination to run wild. As parents we have watched our children grow and develop in the areas of height and weight, remembered when they first†¦show more content†¦In this domain Piaget stated that the child who is still in the preoperational stage can’t conceptualize abstractly and needs concrete physical situations. They can’t mentally manipulate information. The child is able to form stable concepts as well as magical beliefs and their thinking is still egocentric, which means that the child has difficulty seeing the viewpoint of others. Piaget split this stage into the symbolic and intuitive thought substage. In the symbolic fun ction stage children are able to understand, represent, remember, and picture objects in their mind without having the object in front of them. Vygotsky stated that children learn cognitive tasks through their interactions with older peers and adults. Not only do younger children watch and imitate older people or peers as they complete tasks, but these older guides also help younger children accomplish tasks they couldn’t accomplish on their own. He calls this the zone of proximal development which he describes what children can do alone and what they can do with assistance. Another theorist named Bandura coined the term observational learning which means people learn appropriate social behaviors by observing and modeling others. This type of learning is most effective during childhood. Vygotsky believed that the important part of the cognitive development is language. He observed that very youngShow MoreRelatedHuman Resources Management150900 Words   |  604 PagesTo ease employee and managerial anxieties about the changes, GE Fanuc promised that no employees would lose their jobs. Managers and supervisors affected by the elimination of levels were offered promotions, transfers to other jobs in GE Fanuc, or early retirement buyouts. Additionally, employees were promised profit sharing, which has resulted in up to three weeks additional pay in profit sharing bonuses in some years. The test of the change is in the results. GE Fanuc’s revenue is up women employeesRead MoreMonsanto: Better Living Through Genetic Engineering96204 Words   |  385 Pagesprofoundly deaf people and that this provides a huge undeveloped market for the implantable hearing devices industry. STEP 3 THE INDUSTRY ENVIRONMENT E X T E R N A L A N A LY S I S S T E P 1 W H AT INDUSTRY IS IT? You must decide on this early. This is an important step, because it changes the analysis – for example, your industry analysis will yield different conclusions depending on what industry you determine. STEP 2 GENERAL A N A LY S I S ENVIRONMENT Analyse the six genericRead MoreStephen P. Robbins Timothy A. 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Such management leadership has long had many powerful business pacesetting examples, ranging from the meritocracy form of organization that was a key to the early success of the information technology industry (from chips to computers) to the just-in-time and lean production management concepts that helped restore American manufacturing strength from the origination in Japan of some of its current practicesRead MoreOrganisational Theory230255 Words   |  922 Pages In exploring this second explanation, the theoretical origins of new-wave management are then elucidated by tracing its perspective back to Durkheim’s concept of anomie and how it was subsequently used and applied to organizations by Mayo in the early part of the twentieth century and by North American neo-conservatives in the latter part of that century. Here the humanistic guise of new-wave management is challenged and how it has been expressed by the development of new forms of organization is

Fi515 Chapter 1 Mini Case Free Essays

MINI CASE a. Why is corporate finance important to all managers? Corporate finance is important to all managers because it provides managers the skills needed to identify and select the corporate strategies and individual projects that add value to their firm and forecast the funding requirements of their company and devise strategies for acquiring those funds. b. We will write a custom essay sample on Fi515 Chapter 1 Mini Case or any similar topic only for you Order Now Describe the organizational forms a company might have as it evolves from a start-up to a major corporation. List the advantages and disadvantages of each form. The organizational forms a company might have as it evolves from a start-up to a major corporation are proprietorship, partnership, or corporation. The advantages of a proprietorship are: †¢Easy and inexpensive to form, †¢Subject to few government regulations, and †¢Income not subject to corporate taxation. The disadvantages of a proprietorship are: †¢May be difficult to obtain the capital needed for growth, †¢Unlimited personal liability for the businesses’ debts, and †¢Limited to the life of its founder. The advantages of a partnership are: †¢Relatively easy to establish, †¢Increased ability to raise funds, Prospective employees become attracted to the business if given the incentive to become a partner, †¢May benefit from the combination of complementary skills of two or more people, †¢Can be cost effective, and †¢Provide moral support and will allow for more creative brainstorming. The disadvantages of a partnership ar e: †¢Partners are jointly and individually liable for the actions of the other partners, †¢Profits must be shared, †¢Disagreements can occur, †¢May have limited life, †¢Has limitations that keeps it from becoming a large business, †¢Partners have to consult with each other before making decisions, and †¢Unlimited liability. The advantages of a corporation are: †¢Unlimited life, †¢Easy transferability of ownership interest, and †¢Limited liability. The disadvantages of a corporation are: †¢Earnings may be subject to double taxation, and †¢Complex and time-consuming set up. c. How do corporations go public and continue to grow? What are agency problems? What is corporate governance? Corporations go public and continue to grow by selling stock to outsiders or venture capitalists, attracting lending from banks or raising additional funds through an initial public offering (IPO) by selling stock to the public at large. Agency problems are conflicts of interest arising between creditors, shareholders and managers because of differing goals. Corporate governance is the relationship between all the stakeholders in the company. d. What should be the primary objective of managers? The primary objective of managers is stockholder wealth maximization, which means to maximize the fundamental price of the firm’s common stock and not just the current market price. 1)Do firms have any responsibilities to society at large? Yes, firms have responsibilities to society at large. Corporate social responsibility is operating a business in a manner that accounts for the social and environmental impact created by the business. This means a commitment to developing policies that integrate responsible practices into daily business operations and to reporting on progress made toward implementing these practices. 2)Is stock price maximization good or bad for society? Stock price maximization is good for society. Shareholders are members of society. Consumers benefit when companies develop products and services that consumers want and need, which leads to new technology and new products. Employees benefit generally when companies successfully increase stock prices, it opens up growth and addition for more employees. 3)Should firms behave ethically? Yes, firms should behave ethically. There is no room for unethical behavior in the business world. Most executives believe that there is a positive correlation between ethics and long-run profitability. Conflicts often arise between profits and ethics. Companies must deal with these conflicts on a regular basis. Failure to handle these situations properly can lead to huge product liability suits and even bankruptcy. e. What three aspects of cash flows affect the value of any investment? The three aspects of cash flows the affect the value of any investment are the amount of expected cash flows, the timing of the cash flow stream, and the risk of the cash flows. f. What are free cash flows? Free cash flows are the monies available for distribution to all investors after paying current expenses, taxes, and making the investments necessary for growth. g. What is the weighted average cost of capital? The weighted average cost of capital is the rate that a company is expected to pay on average to all its security holders to finance its assets. . How do free cash flows and the weighted average cost of capital interact to determine a firm’s value? Free Cash Flow = Sales Revenues – Operating Costs and Taxes – Required Investments in Operating Capital. Weighted Average Cost of Capital (WACC) is affected by market interest rates, market risk aversion, cost of debt, cost of equity, firmâ €™s debt/equity mix, and firm’s business risk. Therefore, free cash flows and the weighted average cost of capital interact to determine a firm’s value by the following equation: Value=FCF1+FCF2+ †¦ +FCF00 (1 + WACC)1(1 + WACC)2(1 + WACC)00 i. Who are the providers (savers) and users (borrowers) of capital? How is capital transferred between savers and borrowers? Households and some foreign governments are the providers (savers) of capital. Non-financial corporation’s net users and U. S. governments are users (borrowers) of capital. Financial corporations are slight users (borrowers), but almost breakeven. Capital is transferred between savers and borrowers by direct transfer, through an investment banking house, or through a financial intermediary. j. What do we call the price that a borrower must pay for debt capital? What is the price of equity capital? What are the four most fundamental factors that affect the cost of money, or the general level of interest rates, in the economy? The price that a borrower must pay for debt capital is called the interest rate. The price of equity capital is the cost of equity equals required return equals dividend yield plus capital gains. The four most fundamental factors that affect the cost of money, or the general level of interest rates, in the economy are production opportunities, time preferences for consumption, risk, and expected inflation. k. What are some economic conditions (including international aspects) that affect the cost of money? Some economic conditions (including international aspects) that affect the cost of money are country risk and exchange rate risk. Country risk depends on the country’s economic, political, and social environment. Exchange rate risk is dependent on the non-dollar denominated investment’s value. l. What are financial securities? Describe some financial instruments. Financial securities are pieces of paper with contractual provisions that entitle their owners to specific rights and claims on specific cash flows or values. Some financial instruments are: †¢U. S. Treasury Bills  ­Sold by U. S. Treasury  ­Default-free risk  ­91 days to one year – original maturity †¢Money Market Mutual Funds  ­Invest in short-term debt; held by businesses and individuals  ­Low degree of risk  ­No specific maturity (instant liquidity) †¢Consumer Credit Loans  ­Loans by banks/credit unions/finance companies  ­Risk is variable  ­Original maturity is variable †¢U. S. Treasury Notes and Bonds  ­Issued by U,S, government  ­No default risk, but price falls if interest rate rises  ­2-30 years – original maturity †¢Municipal Bonds  ­Issued by state and local government to individuals and institutions  ­Riskier than U. S. overnment guides, but exempt from most taxes  ­Up to 30 years – original maturity m. List some financial institutions. Some financial institutions are commercial banks, investment banks, savings and loan, mutual savings bands, credit unions, life insurance companies, mutual funds, pension funds, and hedge funds and private equity funds. n. What are some different types of markets? Some different types of markets are physical asset markets, financial asset markets, spot markets, future markets, money markets, capital markets, mortgage markets, consumer credit markets, and world, national, regional and local markets. . How are secondary markets organized? Secondary markets are organized by location and the way that orders from buyers and sellers are matched. 1)List some physical location markets and some computer/telephone networks. Some physical locations markets are New York Stock Exchange, the American Stock Exchange (AMEX), the Chicago Board of Trade (CBOT), and the Tokyo Stock Exchange. Some computer/telephone networks are NASDAQ, government bond markets, and foreign exchange markets. 2)Explain the differences between open outcry auctions, dealer markets, and electronic communications networks (ECNs). Auction markets are markets where participants have a seat on the exchange, meet face-to-face, and place orders for themselves or for their clients. The two largest auction markets for stocks are the New York Stock Exchange and the American Stock Exchange. The New York Stock Exchange is a modified auction with a â€Å"specialist. † Dealer markets are markets where â€Å"dealers† keep an inventory of the stock (or other financial assets) and place bids and ask â€Å"advertisements†, which are prices at which they are willing to buy and sell. There are often many dealers for each stock. A computerized quotation system keeps track of bid and ask prices, but does not automatically match buyers and sellers. Examples of dealer markets are the NASDAQ National Market, NASDAQ Small Cap Market, London SEAQ, and German Neuer Market. Electronic communication networks (ECNs) are computerized systems that match orders from buyers and sellers and automatically execute the transaction. It is a low cost to transact. Examples of ECNs are Instinet (U. S. stocks owned by NASDAQ), Archipelago (U. S. stocks owned by NYSE), Eurex (Swiss-German futures contracts), and SETS (London stocks). p. Briefly explain mortgage securitization and how it contributed to the global economic crisis. Mortgage securitization is the pooling of various mortgage loans and their usage as collateral to issue securities. This process allows the originator of the mortgage loans to restructure its balance sheet by reducing the receivables and using the funds received from the sale of securities to invest elsewhere. Mortgage securitization allows the originators of the loans to diversify their risk besides enabling them to secure immediate liquidity for assets which would otherwise have face some difficulty in trading. http://www. economywatch. com/finance/high-finance/mortgage-securitization. html) Mortgage securitization contributed to the global economic crisis in many ways. †¢Homeowners wanted better homes than they could afford. †¢Mortgage brokers encourage homeowners to take mortgages even though they would reset the payments to amounts that the borrowers might not have been able t o afford because the brokers got a commission for closing the deal. †¢Appraisers were over-appraising house values and getting paid at the time of the appraisal. †¢Originating institutions (e. . , Countrywide) were quickly selling the mortgages to investment banks and other institutions. †¢Investment banks created CDOs and got rating agencies to help design and then rate the new CDOs with rating agencies making big profits despite the conflicts of interest. †¢Financial engineers used unrealistic inputs to generate high values for the CDOs. †¢Investment banks sold the CDOs to investors and made big profits. †¢Investors bought the CDOs but either didn’t understand or didn’t care about the risk. †¢Some investors bought â€Å"insurance† via credit default swap. When the mortgages were reset and the borrowers defaulted on them, the values of the CDOs plummeted. †¢Many of the credit default swaps failed to provide insurance beca use the counterparty failed. †¢Many originators and securitizers still owned sub-prime securities, which led to many bankruptcies, government takeovers, and fire sales including New Century, Countrywide, Fannie Mae, Freddie Mac, and many more. PROBLEMS (2-6)In its most recent financial statements, Newhouse, Inc. reported $50 million of net income and $810 million of retained earnings. The previous retained earnings were $780 million. How much in dividends was paid to shareholders during the year? Dividends Paid= (Previous Retained Earnings + Net Income) – Recent Retained Earnings = ($780 million + $50 million) – $810 million = $830 million – $810 million = $20 million (2-7)The Talley Corporation had a taxable income of $365,000 from operations after all operating costs but before (1) interest charges of $50,000, (2) dividends received of $15,000, (3) dividends paid of $25,000, and (4) income taxes. What are the firm’s income tax liability and its after-tax income? What are the company’s marginal and average tax rates on taxable income? Taxable Income$365,000 Less: Interest Charges(50,000) Plus: Dividends Received4,500? $15,000(1 – 0. 70) = $4,500 Total Taxable Income$319,500 Tax Liability= $22,250 + ($319,500 – $100,000)(0. 39) = $22,250 + ($219,500)(0. 39) = $22,250 + $85,605 = $107,855 After-Tax Income: Total Taxable Income$319,500 Less: Tax Liability(107,855) Plus: Non-taxable Dividends Received10,500? 15,000(0. 70) = $10,500 Net Income$222,145 Marginal Tax Rate = 39% Average Tax Rate= Tax Interest Income/Taxable Operating Income = $107,855/$319,500 = 0. 33757 or 33. 76% (2-9)The Shrieves Corporation has $10,000 that it plans to invest in marketable securities. It is choosing among ATT bonds, which yield 7. 5%, state of Florida muni bonds, which yield 5% (but are not taxable), and ATT preferred stock, with a dividend yield of 6%. Shrieve’s corporate tax rate is 35%, and 70% of the dividends received are tax exempt. Find the after-tax rates of return on all three securities. ATT Bonds – $10,000 x 7. 5% = $750 Taxes = $750 x 35% = $262. 50 $750 – $262. 50 = $487. 50 ATT Bond Yield = $487. 50/$10,000 = 0. 04875 or 4. 875% ATT Preferred Stock – $10,000 x 6% = $600 Tax Exemption = $600 x 70% = $420 Taxable Income = $600 – $420 = $180 Taxes = $180 x 35% = $63 $600 – $63 = $537 ATT Preferred Stock Yield = $537/$10,000 = 0. 0537 or 5. 37% Florida Muni Bonds – $10,000 x 5% = $500 Not taxable, so no tax deductions Florida Muni Bonds Yield = $500/$10,000 = 0. 05 or 5% How to cite Fi515 Chapter 1 Mini Case, Papers

Davy Crockett free essay sample

Davy did many thing through out his childhood all the way up to his adulthood. Davy was born in Tennessee on August 17, 1786 . John crockett (davy’s father) sent Davy to work for a man who was taking a herd of cattle to Virginia at age 12. Davy helped the man drive cattle for over 200 miles from Tennessee to Virginia. The trip was a little over 2 weeks, and then Davy finely returned home. Soon after, the man Wanted Davy to keep working for him. Davy was homesick but he still said yes. About one month later Davy could not stand being away from his family. So he ran away from the mans house and headed home. At age 13 Davy set out on his own, and learned to become one of the worlds greatest/and craftiest backwoodsman around. Legend says that Davy was friends with a bear and could get a raccoon to come down from a tree by just grinning at it . At age 16 Davy moved back to Tennessee with his family. In 1811 Davy’s family moved to Tennessee. They made there home near what is now the border of Alabama. By 1813 the white men had made the native Americans very made. The native Americans were called the creeks. The reason for the creeks being made is because the white men took there land. The white men thought the creeks were going to attack so they attacked first. the creeks fought back against the white men. This started a war. Davy helped the creeks fight against the white men. When Davy got back from the creek war, Polly gave birth to a daughter. Polly died in the summer of 1815. In 1816 Davy married Elizabeth Patton to care for his two children, let alone her own three children. In 1816 Davy almost died of malaria, and in 1818 Davy becomes a â€Å"court referee† in Lawrence country, Tennessee. In 1821 David Crockett was elected to the state legislature at age 35. In 1827 David Crockett was elected to the House of Representatives in Congress. David Crockett served in congress from 1827-1831, and then he served in Congress again from 1833- 1835. when he was in Congress he often made speeches and told many of his adventures. Books came out filled with information and stories about Davy’s life. They even made a lay about Davy called the lion of the west in 1831. David Crockett and a congressman Thomas Chilton wrote a book about Davy’s life. Davy was a legend while he was still living, and still is a legend to this very day. in 1835 David Crockett moved to Texas. Texas was not a state when Davy moved there. Davy was now 49 years old and he wanted to explore the frontier . Davy joined the Texas army. David fought in the Texas revolution in 183 6. the Texas Revolution was over a Mexican government that ruled Texas. The people who lived in Texas wanted to be free from the Mexicans.