Saturday, February 29, 2020
Capital Budgeting and Investment Analysis
As per our calculations based above we recommend the company, Equator Ltd to accept plan A. this is so because Plan a offers higher net present value than plan B (Au and Au, 1992). as already mentioned plan a is a highly automated project which involved use of more machinery and use of less physical labour. Though using automated techniques of production has its own advantages, it also carries a lot of disadvantages (Bierman and Smidt, 1975). Therefore, before accepting the plan A based on its high Net present value, the company should also consider the following points: Therefore, before acceptance of proposal A the company should consider all monetary and non-monetary factors. (Jordan, 2014) Efficient capital market refers to the market structure where the share prices of an entity reflect the latest information. This statement implies that any event or action or information which may affect the financial position of the company (Seitz and Ellison, 1999), be it directly related to it or indirectly, gets incorporated in the share price as soon as the information is received. The intrinsic value of a financial security represents a claim on cash flows of company which are expected to be earned in future. This intrinsic value is the present value of the future cash flows. Therefore, if the future cash flows are affected in any manner by any information, then it should be reflected in the price of the security, this is the whole concept of efficient capital market. (Warren, 2017) Equator Limited in the given case plans to invest ina new line of product which will require huge investments (Shapiro, 2005). If the company decides to raise capital by way of Equity shares then efficient capital markets would be highly productive and beneficial for the company. This can be understood buy the following discussion. The above analysis of the plan of the company represents high returns. If the capital markets are efficient then the investors will also read the same information and would want to invest to invest in the shares of Equator seeing its high expected return and growth. The capital markets being efficient will incorporate the same information in the share price and in turn will help increase the value of the company. (WARREN, 2017) Therefore, the capital market efficiency will help Equator Limited to raise capital since the company has a high growth and return projected. Aldridge, A. (2005). The market. 1st ed. Cambridge: Polity. Au, T. and Au, T. (1992). Engineering economics for capital investment analysis. 1st ed. Englewood Cliffs, N.J.: Prentice Hall. Bernstein, P. (2007). Capital ideas evolving. 1st ed. Hoboken, N.J.: John Wiley & Sons. Bierman, H. and Smidt, S. (1975). The capital budgeting decision. 1st ed. New York: Macmillan. Capital Budgeting Valuation. (2013). 1st ed. Hoboken, N.J.: Wiley. Chernobai, A., Rachev, S. and Fabozzi, F. (2007). Operational risk. 1st ed. Hoboken, N.J.: Wiley. Danthine, J. and Donaldson, J. (n.d.). Intermediate financial theory. 1st ed. Dayanada, D. (2002). Capital budgeting. 1st ed. Cambridge, UK: Cambridge University Press. Fabozzi, F. (n.d.). Capital markets. 1st ed. Fleming, D. and Chamberlin, S. (n.d.). Surviving the future. 1st ed. Hitt, M., Ireland, R. and Hoskisson, R. (n.d.). Strategic management. 1st ed. Jordan, B. (2014). Fundamentals of investments. 1st ed. [S.l.]: Irwin Mcgraw-Hill. Seitz, N. and Ellison, M. (1999). Capital budgeting and long-term financing decisions. 1st ed. Fort Worth: Dryden Press/Harcourt Brace College Publishers. Shapiro, A. (2005). Capital budgeting and investment analysis. 1st ed. Upper Saddle River, NJ: Pearson/Prentice Hall. Warren, C. (2017). Financial & managerial accounting. 1st ed. [Place of publication not identified]: Cengage Learning. WARREN, C. (2017). ACCOUNTING. 1st ed. [Place of publication not identified]: SOUTH-WESTERN.
Wednesday, February 12, 2020
Domestic violence against immigrant and refugee women in canada Research Proposal
Domestic violence against immigrant and refugee women in canada - Research Proposal Example Domestic violence is a broad subject and encompasses a wide variety of issues including physical abuse, sexual abuse of children and femicide. (Burns, K. 2008). In simple words, the term ââ¬Å"Domestic Violenceâ⬠is defined as the violence inflicted on an individual by someone from within their families. This research proposal for an explanatory research attempts to draw attention to the issue of rape and sexual abuse of refugee and immigrant women in Canada. The research will attempt to test the validity of relationship between sexual abuse and childhood domestic violence. (Denmark, F. 2006). Sexual abuse is defined as coerced sex or forced sex and is often accompanied by physical abuse during sexual activities. (Vine, C., & Alaggia, R. 2006) The explanatory research on sexual abuse and rape among refugee and immigrant women will help answer questions which would enable us to understand the deep rooted problem of domestic violence. We need to analyze different issues included in domestic violence and to identify the reasons which lead to violence being inflicted upon refugee and immigrant women in Canada. On the other hand, the research will open doors to issues which have not been extensively studied. One such issue is the determination of the existence of correlation between exposures to domestic violence during childhood and subjection to sexual abuse later on in life. In addition, we will also determine the rate of public satisfaction with government services provided to victims of rape and sexual abuse. Therefore, the main subject area of this explanatory research would be the identification of correlation between early exposure to domestic violence and increased vulnerability to sexual abuse and rape in future intimate relationships. The research will also address two of the most important sub areas of the issue of domestic violence which are emotional repercussions of sexual abuse and public satisfaction with the provision of government services to
Saturday, February 1, 2020
12 Angry Men.A Review Movie Example | Topics and Well Written Essays - 1750 words
12 Angry Men.A - Movie Review Example The jury does not assume him to be innocent, as the law prescribes. Even the judge drones his boredom during jury instructions. The many ethical dilemmas, values and concepts depicted in this film include: 1. Presumed innocence, ethic or myth? 2. Personal prejudice in the jury room. 3. Personal experience in the jury room. 4. Personal agenda in the jury room. 5. Interpersonal group dynamics: bullies, opinion leaders, bigots, conformists The film explores the best and worst in human behavior in the setting of the jury room amidst a literal life and death decision. This paper explores that treatment. Presumed Innocence Ethic or Myth Eleven of the jurors voted guilty in the first polling without the benefit of an evidence review. Only juror 81 voted not guilty. The anonymity of nameless jurors reduced audience prejudice, although, juror 8 wore a white suit and juror 32 wore a black suit in keeping with Hollywood symbolism. Juror 8 stood alone in his conviction, his ethic, that before se nding a defendant to the death penalty, the jury had a duty to review the case. Several of the jurors commented they thought the defendant was guilty from early in the case, indicating an early personal deliberation without listening to the defense first. Juror 23 says he cannot put his reasons into words, just thought the defendant ââ¬Å"guilty from the word goâ⬠. (Lumet 1957) Juror 64 says he was ââ¬Å"convinced earlyâ⬠(Lumet 1957) when the prosecutor established motive. Juror 75 exclaims ââ¬Å"no one thought about it twiceâ⬠(Lumet 1957) except juror 8. Clearly, these jurors did not honor their commitment to impartiality prior to deliberations. Although the defense attorney did not aggressively cross examine witnesses, most jurors felt the defense council was competent, mostly by assumption. The assumption of competency logically lead to the conclusion that if there were a defense, it would have been presented. No defense, no rebuttal, no innocence. The defense council is never on screen, a cinematic no show. The fact that the boy was accused of killing his father, a man whose position was sympathetic to many on the jury, ironically foreshadowed the juror 8 role in this drama. (Cunningham 1986) Juror 3 said his parenting skills involved ââ¬Å"making his son a manâ⬠(Lumet 1957) until his son punched him in the jaw during an argument. Juror 8 raised his kids through love and respect. Juror 8 saw in the defendant an innocent child that never had a chance while the others only saw his superficial guilt. The movie continued through the first act with only juror 8 assuming the defendant was not guilty. The others were too emotional or prejudiced to review the facts. The first act ends with juror 8 making a leap of faith. He challenges the others to make a secret ballot and if all 11 vote guilty, he will too. The votes are counted and a 10-1 split is discovered. The older gentleman, juror 96, decided to back up juror 8 on principle; altho ugh ten jurors did not presume innocence, the young defendant would receive thoughtful deliberation from his jury. Personal Prejudice The jurors demonstrated a varying degree of prejudice, both racial and class based. As the jurors entered the jury room, several conversations revolved around the defendant and his social status. The discussion of evidence brought to light the prejudice and backstory7 of the jurors. In a more benign comment, Juror 48 avers the defendant came from the slums and slums create criminals. ââ¬Å"Everyone knows thatâ⬠(Lumet 1957). Juror 59 disagrees with this assessment, reviewing his own history and asking for sensitivity to the youthââ¬â¢s plight. Juror 1010 is a more vehement bigot, spewing stereotype and cursing ââ¬Å"
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