Discuss the theory of Optimal Capital Structure Essay

Discuss the theory of Optimal Capital Structure - Essay Example It gives the Weighted Average Cost of Capital (WACC). If the firm needs to have the lowest WACC, it should design its capital structure in such a way that the debt equity ratio is high which would bring down the WACC. The Optimal Capital Structure is that mix of debt and equity that maximizes the firm’s value or minimizes the cost of capital. There is no standard mix of debt and equity that maximizes the firm’s value, but each firm should strike a balance between risk and return thereby maximizing the share price, depending on its size and financial position. 1) If the firm size is small, it is difficult to make regular principal and interest payments in the event of shortages in generating substantial cash flow. Such firms face heavy fines and penalties by the creditors. Trade-off Theory: Maximum debt can be raised when the share price is at its maximum. If the firm raises any more debt, the share price will decline. The point where share price is maximum, it is the trade-off point; risk and return are both at their peaks. Any change would cause a disbalance in the position of risk and return. The maximum risk involved is that of bankruptcy and the maximum return is the maximum value of the shares. Below is a graph that depicts the trade-off between risk and return. Signaling Theory: This theory states that when the firm issues bonds for debt financing, it sends out a positive signal in the market. The cost of borrowing will be low as compared to the return the firm will get by putting money in that project. When the firm issues shares for equity financing, it gives out a negative signal in the market because it reflects the credibility of the company and insinuates that the firm cannot raise finance by borrowing from the market and that it is in dire need of funds. 5) Future flexibility. The firm should leave room for maneuvering and have flexibility in the capital structure

Conclusion report for the internship journey Essay

Conclusion report for the internship journey - Essay Example The major challenge was language difference, especially when interacting with customer and staff. However, I did my best to create a profitable impact and add value both to Guangdong and myself. There were both memorable and awkward situation during the two months in Guangdong but all these posed as lessons and opportunities to learn more. With the help of one of the staff, I gained confidence, customer relation skills, teamwork skills, intrapersonal and interpersonal communication skills. The main focus of my internship would be the opportunity to participate in the exhibition of Lingnan Folk Craftworks, Sparkling Flowers, and Ingenious Craftsmanship and Creativity. Sparkling flowers exhibition entailed displaying all collected works by Enamel while Craftsmanship and Creativity involved works by Canton Embroiidery. Exhibiting Lingnan Folk Craftworks expounded more on the culture and traditions of chines. I came to learn of their unique art, painting and paper cutting skills, as well as, their cultural believes. Lastly, I also came to learn of the Guangzhou residential furnishings with keen reference to the furniture tracing back to Ming and Qing dynasties. However, designs for furniture have changed and the old have been replaced with better designs or refurnished to be better. It was clear that the preferences and designs of people change with emerging

Blow and Prozac Nation :: miscellaneous

Blow and Prozac Nation Prozac Nation by Elizabeth Wurtzel is a memoir written about the author’s life of depression, addictions, and her relationships. The author is an extremist when it came to her depression. She would portray her emotions so that everyone knew that she had a problem and for some reason are still there for her. This novel best represents the movie Blow based on the life of George Jung. Jung was also addicted; he was addicted to drugs, money, dealing, and relationships. Which both Elizabeth and George can relate to their addictions and problems they encountered over their lives. Elizabeth is taking medication for her depression, but the pain gets worse and worse as the days go by. â€Å"I’m going up to 102nd st. to get the coke, it will make you feel better.† She is hooked on drugs because all she wants is the pain to go away, and being a young adult in college parting, beer, and drugs are going to be used. That is the last that she needs because like George Jung’s father once told him as a young boy, â€Å"When your up, your up, and when you’re down you never think you’ll be up again but you do. Money isn’t real George.† Meaning when Elizabeth takes those drugs to make her feel better for the time being she takes them to feel better and then she feels even worse. She must stay together because eventually you’ll be back up again. What George’s father told him when he was a boy that stuck with him through his whole life. He dealt drugs and made tons of money but then when he crashed because of his business partner Diego, who stole all of his connects and the inside guys, he lost his wife and his daughter and then he worked his way back up the chain to have his daughter, who he lost because he was in jail, have the same respect for him again that she had so long before that. He did overcome it. Elizabeth try’s the easiest way out of things. She cannot control what she does. She’ll have the loud cry for help without saying the words. Her actions speak so much louder than her words. Elizabeth had never once told someone to help her, she would just be screaming crying throwing a fit on the bathroom floor, almost killing herself.

Functional Areas of Business Paper Essay

The role that one should play as a manager in the functional areas of human resource management is making sure within my organization that I focus on the recruitment of the best workers they need in our organization success. I want to make sure that each person can work comfortable and safe environment. Human resource management it gives you three reasons why it is important. â€Å"First, it can be a significant source of competitive advantages as various studies have concluded. Second, HRM is an important part of organizational strategies. Finally, the way organizations treat their people has been found to significantly impact organizational performance† (Robbins & Coulter, 2012, p. 312-313). A manager in the functional area of human resource management is my responsibility to ensure the organizational objectives are fulfilled. Strategic Planning is another functional area that I am interested in. As a manager my purpose is to achieve and clarify the results of an organization. As a manager I must ensure that we work together in achieving the same goals. Strategic planning â€Å"are plans that apply to the entire organization and establish the organization’s overall goals† (Robbins & Coulter, 2012, p. 207). Which I know that strategic planning is a process where I will have to make choices and decisions to help develop the necessary approaches to achieving the organizational goals. Human resource management is very important to an organization. To help me with my statement I read a peer reviewed article that had some interested things about human resource management and why it is important. According to the article â€Å"the modern role of human resources management is recognized in the following range: newly defined aims which this scientific discipline, and practice as well, appoint as direction of relevance, redesigned processes by which it implements its activities and of course, new demands in the â€Å" palette† of managerial competencies of its experts† (à urović, 2012, p. 87). As a manager it is my duty to ensure the best for and organization. To fulfill these objectives it cannot be done alone we have to work together so we can reach those goals. Strategic planning is very important as well to a manager. I read another peer-reviewed article that I could relate and use for my own benefits. In this article, â€Å"So good strategic planning is not about predicting the future, it is about shaping the future and developing the intellectual agility and alertness to recognize the future as it goes by in order to respond in a agile and appropriate fashion† ( Blatstein, 2012, p. 33). I know as a manager that both human resource management and strategic planning are both helpful within an organization. I cannot see why any manager would not use these functional areas too their organization advantage. Reference Page Robbins S.P., and Coulter, M. (2012). Management (11th ed.). Boston, MA: Prentice Hall. à urović, M. (2012) Human Resources Management-Strategic Aspect. Management (1820-0222). Issue 62, p83-88. 6p. Blatstein, I. M. Summer (2012) Strategic Planning: Predicting or Shaping the Future. Organization Development Journal, Vol. 30 Issue 2, p31-38. 8p. 3 Graphs.

Essay about Speaking of Courage - 454 Words

Speaking of Courage In the literary work, Speaking of Courage, Tim O’Brien highlights the trying struggle of a post-war solider attempting desperately to integrate himself back into American society. Paul Berlin’s trials and tribulations exemplify the â€Å"dominance of a citizen culture in the United States,† as mentioned by Dr. Decker in class. American society does not allow for the soldiers we have sent off to fight to return as warriors. While Speaking of Courage is based on Paul’s experience after the Vietnam War the effect of the citizen culture can be seen throughout history. Americans are not generally known to have an imperial, blood thirsty nature. We choose to â€Å"conquer† the world using business or other non-violent means.†¦show more content†¦We see this in Speaking of Courage when Paul is remarking on how no one will speak to him about the war, even â€Å"his father would not talk.† (pg. 244) It was Independence Day, â€Å"the war was over, (and for Paul) there was no place in particular to go.† (pg. 243) O’Brien remarks on many of the towns folk and their preparations for the evening and yet Paul chooses to â€Å"hide† (Dr. Decker) in his fathers Chevy. One who is more comfortable spending hours driving aimlessly on a summer holiday, dwelling on medals lost rather than joining in the festivities, can certainly not be deemed fully integrated back in to society. As mentioned in class â€Å"Paul’s obsessive nature shows his intense need to talk about his experiences and his need for assurance that he was brave.† Unfortunately, in our citizen culture, this is often not something that we are willing to listen to. Upon returning home, many of the members of our armed forces are and were viewed as spectral or haunting. Each soldier can be a reminder of something no one wants to think about: war. Speaking of Courage seriously captures what it is like for a soldier to attempt to return to their homeland and have to stop being a soldier due to the citizen culture that influences his or her society. Americans may be squeamish about war but they are ready and willing to send ourShow MoreRelatedTheme Of Guilt In Speaking Of Courage By OTwain910 Words   |  4 PagesO’Brien, but also some of the other men there, such as Azar, Lieutenant Jimmy Cross, and Norman Bowker. In the chapters prior, Bowker deals with the guilt of Kiowa’s death even after the war was over and deals with loneliness and isolation in â€Å"Speaking of Courage.† The first indications of Bowker’s feelings of guilt is shown in â€Å"In the Field,† when Azar says he feels â€Å"sort of guilty almost† over Kiowa’s death because he believes if he would have â€Å"kept my mouth shut none of it would’ve ever happened.Read MoreComparison Soldiers Home and Speaki ng of Courage1116 Words   |  5 PagesComparison Soldiers Home And Speaking Of Courage To be engaged in war is to be engaged in an armed conflict. Death is an all too ordinary product of war. It is an unsolicited reward for many soldiers that are fighting for their country’s own fictitious freedom. For some of these men, the battlefield is a glimpse into hell, and for others, it is a means to heaven. Many people worry about what happens during war and what will become of their loved ones while they’re fighting, but few realizeRead More OBriens Things They Carried Essay: Truth, Fiction, and Human Emotion1272 Words   |  6 Pagesreading what seems to be a stylized presentation of fact. In the sequence of Speaking of Courage followed by Notes, OBrien adds a second dimension of truth to a story so vivid that the reader may have already accepted it as the original truth. In Notes, OBrien steps out of the novel and addresses the reader to discuss the character, Norman Bowker, and the formation and history of the previous story, Speaking of Courage. In a lette r from Norman Bowker, Tim OBrien is asked to write a story aboutRead MoreAnalysis Of Homer s The Odyssey 1276 Words   |  6 Pagesis hard to define and is interpreted differently based on the individual reading the Odyssey. I believe that Telemachus courage, his what made him suitable for a king not his maturity. Being mature verses having courage are two characteristics that separate a confident king from a timid young boy who wants his father to be proud of the son he has become. For instance,having courage has proven to lift confidence levels. Courageous people are more likely to become leaders, then others who are simplyRead More To Kill A Mockingbird Essays: Great Courage1041 Words   |  5 PagesCourage in To Kill A Mockingbird nbsp; Courage is shown within the characters of To Kill A Mockingbird in several situations.nbsp; The characters are challenged to face danger or pain without fear.nbsp; The courage they display gives them strength and deepens their self-understanding as the novel progresses. nbsp; nbsp; Early in the novel, Scout illustrates the courage she embodies.nbsp; On her first day of school, Scout acts as an ambassador for the entire class.nbsp; She takes theRead MoreI Am Malala, By Christina Lamb1069 Words   |  5 PagesHow do ‘I am Malala’ and ‘ Made in Dagenham’ explore the importance of speaking out against injustice ‘I am Malala’ narrated by Malala Yousafzai and written by Christina Lamb is a memoir of a Pakistani young girl (Malala Yousafzai) who fought for girls education in Swat valley. ‘Made in Dagenham’ directed by Nigel Cole is a film about a mother (Rita O’Grady) who works for Ford in the town of Dagenham in England along with other female machinist who fought for gender equal pay. Both protagonistRead MoreA Spaceship to Mars in the Story Out of the Silent Planet by C.S. Lewis891 Words   |  4 Pageshis experiences on Malacandra, Ransom grows in courage, shows his curiosity and exceptional intelligence. Throughout the story one sees Ransom grow in courage. When he is kidnapped by Devine and Weston, Ransom loses the fear that they might harm him and tries to escape from his captors when Devine and Weston think he is asleep. He is however, unable to get away. Throughout their journey to Malacandra Ransom loses a bit of his confidence and courage and does not try to fight Devine or Weston’s wishesRead MoreTo Kill a Mockingbird Essay-Emotional/Moral Courage1417 Words   |  6 PagesMockingbird Essay-Emotional/Moral Courage Websters dictionary defines courage as mental or moral strength to venture, persevere, and withstand danger, fear, or difficulty. According to Atticus Finch, one of the main characters in To Kill A Mockingbird, Courage is when you know youre licked before you begin, but you begin anyway and you see it through no matter what. (Chapter 11, Page 124) No matter how you define it, Harper Lee definitely portrays the theme of mental courage in this book. The book demonstratesRead More Things They Carried Essay: American Heroes864 Words   |  4 PagesThe Things They Carried: American Heroesnbsp;nbsp;nbsp; nbsp; Speaking of Courage in Tim OBriens The Things They Carried, is more than a story about a soldiers personal experience of the Vietnam War. It is more than a story about his fight for his country, God, and fellow soldiers, and not to mention his return home. Speaking of Courage is not only an allegorical story about the disconnection between Vietnam and the rest of the world, but also an allegory about the disconnection betweenRead MoreEssay about Literary Techniques in The Things They Carried1276 Words   |  6 Pagesreader figure out for him/herself deeper aspects of certain characters’ personalities without actually stating them outright. Another literary device Tim O’Brien employs is pathetic fallacy, or nature mirroring humans’ emotions. In the story Speaking of Courage, Norman Bowker attempts to save Kiowa’s life but fails. He becomes depressed and remorseful about what he should have been able to accomplish. For a long time afterward, Bowker struggles with the fact that he was â€Å"braver than he ever thought

Theme Of Taming Of The Shrew - 1116 Words

The Taming of the Shrew: Moment Analysis Particular moments in William Shakespeare’s The Taming of the Shrew have a special significance in regard to the overall meaning of the play. One such moment is when Petruchio and Katherine talk about â€Å"how bright and goodly shines the moon,† (Shakespeare 13). At this moment, the insistent Petruchio pressures Katherine to refer to the sun as the moon. After a brief tussle of wits, Petruchio acquiesces and agrees to adopt the line of thought forced on to her by Petruchio. This moment is captured in the YouTube video in which couple converses during a brief rest as they journey towards Padua to visit Petruchio’s father Baptista. One of the outstanding aspects of the video is that it projects†¦show more content†¦She poses a threat to the masculine nature of the society because she presents herself as an equal or even as superior to the men in the society. Therefore, it becomes necessary that she settles in a marriage with a man of Petruchio’s de meanor who can condition her transformation. From this perspective, marriage in the Victorian context is brought out as an institution that guarantees the taming of errant women. At the end of the play, Katherine has been completely transformed and is even more loyal to her husband than her previously coy sister. There is a sense in which the captured moment reveals the transformation that Katherine undergoes while in the green world. Notably, the dialogue takes place at some desolate spot that the video projects as a kind of a wasteland. Katherine has been away for some time and the transformation she has undergone is obvious to both the audience and the other characters. Soon after her marriage she moves to her matrimonial home where Petruchio deprives her of both food and sleep for several days (Shakespeare 17). The ordeal and other psychological afflictions that she incurs in the ‘green world’ force her to perceive of life from a new angle that underpins her transformation. Her rudeness has dissipated and she considers herself as a mentor to other women at the point when she gives a lengthy speech on the merits of wives’ obedience to their husbands. Evidently,Show MoreRelatedThemes in Taming of the Shrew1433 Words   |  6 PagesThe Taming of the Shrew is a comedy wri tten in the early 1590’s by William Shakespeare. This play within a play starts when a powerful lord plays a prank on a poor, drunken man named Christopher Sly. The lord convinces the poor man that he is actually a lord himself and that the troop of actors that have arrived are there to perform a play for him. This play that the troop of actors performs is the story of Petruchio, who wants to marry for money, and Katherina, the shrew. The two actually marryRead MoreThemes Of The Taming Of The Shrew 2145 Words   |  9 PagesThemes in The Taming Of The Shrew â€Å"How and why the themes have changed over time from Shakespeare’s time to modern day themes.† Themes shown: Love, social roles and societies expectations and deception. The text â€Å"The Taming of The Shrew† and â€Å"Ten Things I Hate About You† share a variety of different themes, ranging from love to deception and money. The themes within both stories have shown how society has evolved with its values with things like money and power. Men during the Shakespearian timesRead MoreTheme Of Taming Of The Shrew1008 Words   |  5 Pagesof â€Å"The Taming of the Shrew† is the fact that Katherine has to be married before her beautiful younger sister, Bianca, may be wedded. This is a problem because Katherine isn’t the prettiest woman and she is a â€Å"Shrew†. A shrew is an ill-tempered, aggressive, disobedient woman. The fact that Katherine is a shrew puts everybody off from marrying her. So the main conflict revolves around getting Katherine married. Some other conflicts that happen later on in the story would be â€Å"taming the shrew† by makingRead MoreTheme Of Petruchio In The Taming Of The Shrew840 Words   |  4 PagesThe Secret To Wed A Shrew Lust, wealth, and pride are undoubtedly insatiable. They are an impetus that drives one to embark on a challenging quest. However, when individuals become obsessed with them, they may even turn them into a villain. In William Shakespeare’s The Taming Of The Shrew, Petruchio is the villain that has all these insatiable curiosities. A male chauvinist, he is a boisterous nobleman from Verona who pursues Katherine even though he knows that she is fiery and obnoxious. DespiteRead MoreTheme Of Domestic Violence In Taming Of The Shrew908 Words   |  4 PagesTaming of the Shrew is a Shakespearean comedy about the relationship between the characters of Petruchio and Katherine.The main plot focuses on how Petruchio wishes to, and succeeds, marry Katherine -- who is known for her harshness-- and how Petruchio commands dominance over the â€Å"shrew†. Unfortunately domestic violence is the focus of the characters interactions but in order for one to enjoy the comedy, readers have to work to see from the â€Å"point of view of the abuser – that is they must minimizeRead MoreThe Power of Love in 10 Things I Hate About You and Taming of the Shrew1491 Words   |  6 PagesThe Power of Love in 10 Things I Hate About You and Taming of the Shrew The Power of Love is portrayed in various themes throughout both. Some of which depict superficial love, motivation by money and love-at-first-sight. These ideas can be contrasted and compared between the 1500 Elizabethan time of Shakespeares play The Taming of the Shrew and the present contemporary period of teenage movie 10 Thing IRead MoreThe Taming Of The Shrew Analysis1334 Words   |  6 Pagestoxic and destructive. Shakespeare’s 1590s play ‘The taming of the shrew’ is a representation of mainstream society views and ideologies of the Elizabethan era. The play display what woman should do and not do. The play is a precise preservation of how female and males acted towards one another and singularly. Since the play has first be released ideas and belief over certain genders and their roles have changed. The play ‘The taming of the shrew’ which once embodied a love story is now seen a misogynisticRead MoreAnalysis Of Taming Of The Shrew 908 Words   |  4 PagesTaming of the Shrew by William Shakespeare, the indication of a woman being the possession of her husband, and having to do everything that he proposes her to do is presented. Katherine has to acquire appropriate manners toward a man in advance before her sister Bianca can wed. Bianca wishes to marry one of her suitors/bachelors, but she can’t due to tradition because the older sister has to marry first. In 10 Things I Hate About You, a analogous argument, the notion of a girl requiring appropriateRead MoreTaming Of The Shrew And 10 Thing I Hate About You1063 Words   |  5 Pagesisn’t the only thing that is valuable in this world. Although in many film texts this is not the case. Particularly in â€Å"Taming of the Shrew† and â€Å"10 Thing I Hate About You† because in both of the films, the main male characters Patrick and Petruchio are predominantly motivated by money. However, they ended up falling for Kat and Katharina who have been set up as the archetypal shrews in both films. During the Elizabethan era money was a major factor that influenced society’s view of your personal wealthRead MoreWilliam Shakespeares Taming of the Shrew William Shakespeare’s romantic comedy, The Taming of1100 Words   |  5 Pages William Shakespeares Taming of the Shrew William Shakespeare’s romantic comedy, The Taming of the Shrew, is an embodiment of the context in which the text was shaped, the Renaissance. The Renaissance period was a time of progression, primarily in the areas of art, science, humanism, religion and self-awareness. The Renaissance focused on taking elements of the past including religion, art and science and adapting them to make them better. Humanists advocated for the freedom of the individuals

Effectiveness Of Phonological Awareness Interventions On...

Only one third of students in the U.S. are scoring at proficient levels on reading assessments. The data from 2013 to 2015 has remained relatively unchanged with one exception – children with intellectual disabilities reading scores have actually dropped (National Report Card, 2015). The purpose of this study was to determine if evidence-based reading interventions from the Florida Center for Reading Research (FCRR) would increase phoneme blending and segmenting skills in children who have intellectual disabilities. Two 1st grade special education students, ages 6 and 7, participated in an AB research design. Phoneme segmentation fluency and nonsense word fluency assessments (Dynamic Measurement Group, 2011) were completed at baseline and†¦show more content†¦IDEA also stated that any alternate assessment must be aligned to grade level standards (Towles-Reeves, Kleinart Muhomba, 2009). The research is expanding in the area of evidence-based reading interventions to i nclude children who have intellectual disabilities. Phonological awareness is gaining support as a critical element in reading instruction as shown in student performances using targeted intervention measures that align to the student’s instructional level and to reading standards (Lemons, Mrachko, Kostewicz, Paterra, 2012). Without explicit instruction in phonological awareness, a student will fall short in being able to understand the critical elements needed to read and will only be able to learn by memorization (Shankweiler Fowler, 2004). Based on these statistics, evidence-based reading interventions including phonological awareness must be included in reading instruction. The purpose of this study was to see the effect of evidence-based reading interventions that align with students’ instructional level and their achievement in literacy performance for first grade students who have intellectual disabilities (ID). The information presented focused on early lite racy development, phonological awareness, intellectualShow MoreRelatedThe Language Of A New Country And Culture2031 Words   |  9 PagesOnce families from Central America have immigrated to the United States of America, one of the first issues they will face is the language barrier. Acclimating to a new country and culture is already complicated; not being able to speak or read the native language adds to the challenges and demands immigrant families face. Six out of the seven Central American countries recognize Spanish as their official language, with Belize being the outlier having English as its official language. While the majorityRead MoreRti And An Rti Model Essay1999 Words   |  8 Pagesmight encounter when they begin an RTI model? ‘What is your vision for the future of UDL MTSS and RTI? Lastly, how is a referral for special education different for a student who was involved in the RTI model, versus a school without this model? First, I will begin with the term UDL is characterized and defined as a set of principles and techniques for use in the classroom and the design of accessible instructional materials. At its core is the assertion that when instructors increase the numberRead MoreImpact of Socioeconomic Status on Academic Performance4432 Words   |  18 Pagespersistent disparities, which are of a sizeable magnitude, present serious challenges to education policy makers as well as the educators. It is imperative to note that educational success is not only measured in test scores, but also in final grades, rates of dropping out, college entrance, and completion rates. Although this project mainly focuses on educational inequality in the United States, this is a problem experienced by many other developed countries. The focus on United States, howeverRead MoreCase Study for Autism13506 Words   |  55 Pagesthis study) who is thirteen years old. He is a tall caucasian male with blond hair, hazel eyes and an infectious smile. He was born on July 20, 1996. He is always moving, always fidgeting. He attends Middle School and is a student in the eighth grade. He is an avid horse rider and just won multiple ribbons in a recent regional horse show. He loves Christmas and will happily discuss the beauty of the seasonal decorations and his desire that it could stay Christmas everyday. This is also a young