Midterm Exam Business Valuation and Stock Valuation Essay Example for Free

Midterm Exam Business Valuation and Stock Valuation Essay It is generally more expensive to form a proprietorship than a corporation because, with a proprietorship, extensive legal documents are required. (b) Corporations face fewer regulations than sole proprietorships. (c) One disadvantage of operating a business as a sole proprietorship is that the firm is subject to double taxation, at both the firm level and the owner level. (d) One advantage of forming a corporation is that equity investors are usually exposed to less liability than in a regular partnership. If a regular partnership goes bankrupt, each partner is exposed to liabilities only up to the amount of his or her investment in the business. (2) (TCO G) A security analyst obtained the following information from Prestopino Products’ financial statements: Retained earnings at the end of 2009 were $700,000, but retained earnings at the end of 2010 had declined to $320,000. †¢ The company does not pay dividends. †¢ The company’s depreciation expense is its only non-cash expense; it has no amortization charges. †¢ The company has no non-cash revenues. The company’s net cash flow (NCF) for 2010 was $150,000. On the basis of this information, which of the following statements is CORRECT? (Points : 10) (a) Prestopino had negative net income in 2010. ( b ) Prestopino’s depreciation expense in 2010 was less than $150,000. (c) Prestopino had positive net income in 2010, but its income was less than its 2009 income. (d) Prestopino’s NCF in 2010 must be higher than its NCF in 2009. (e) Prestopino’s cash on the balance sheet at the end of 2010 must be lower than the cash it had on the balance sheet at the end of 2009. Which of the following is most likely to occur? (Points : 10) (a) The required rate of return for an average stock will increase by an amount equal to the increase in the market risk premium. (b) The required rate of return will decline for stocks whose betas are less than 1. 0. (c) The required rate of return on the market, rM, will not change as a result of these changes. (d) The required rate of return for each individual stock in the market will increase by an amount equal to the increase in the market risk premium. (e) The required rate of return on a riskless bond will decline.

Message of Love in the Epic of Gilgamesh :: Epic Gilgamesh essays

The Message of Love in Gilgamesh Gilgamesh is an epic of great love, followed by lingering grief that causes a significant change in character. It is the story of a person who is feared and honored, a person who loves and hates, a person who wins and loses and a person who lives life. Gilgamesh's journey is larger than life, yet ends so commonly with death. Through Gilgamesh, the fate of mankind is revealed, and the inevitable factor of change is expressed. Before the coming of Enkidu, Gilgamesh was a man of great power. A being for which there was no equal match, Gilgamesh boasted about his overwhelming glory and power. However, his arrogance was accompanied with an extensive abuse of power, which pushed the city of Uruk into a state of rage. Still Gilgamesh felt no despair; he lived to display to others his majestic power. The first sign of a sincere change in Gilgamesh arises as a result of the birth of Enkidu. From the beginning, a powerful link developed between man and woman. The wise Ninsun said to Gilgamesh,"You will love him as a woman and he will never forsake you". Gilgamesh had finally met his match, a friend that would serve as his life-long companion. Upon the seal of this great friendship, Gilgamesh began to change his selfish ways. Nevertheless, he shared with Enkidu the luxuries of kindness. Setting aside his great pride and power, Gilgamesh had opened a place in his heart, and in his sumptuous life, for his beloved bro ther. The second significant change in Gilgamesh was caused by the loss of his brotherly companion, Enkidu. Gilgamesh couln't bear the loss of a love so powerful. Despite his astonishing power and leadership, something in his life was missing. Moreover, he wept for seven days and nights, thinking his friend would come back because of his weeping. It is in this stage of the epic that one can see the truly sympathetic and compassionate side of Gilgamesh. The grief in his heart had far surpassed the magnificent pride that he had previously displayed so boldly. Enkidu's death left Gilgamesh frightened and confused. However, the despair in his heart was so great that he could not rest; would he ever be at peace? Thus, he became terrified of his own death. After the death of Enkidu, Gilgamesh tries to find immortality by trying to cross the ocean to find it.

Orem

Strengths Orem’s theory provide a comprehensive base to nursing practice. It is functional in the different fields of nursing. May it be in clinical setting, education, research or administration. Moreover, this theory is as applicable for nursing by the beginning practitioner as much as the advanced clinician(George JB. , 1995). Another major strength of Orem’s theory is it’s advocacy for the use of the Nursing Process (Balabagno, et. al, 2006). Orem specifically identified the steps of this process.She also mentioned that the nursing process involves intellectual and practical phases. Limitations The ambiguity of applying theory to nursing practice may lie in the fact that one theory does not always specifically support all aspects of nursing care. Orem’s self care deficit theory may not encompass all aspects of care and needs of a specific client. For instance, some dilemma with Orem’s theory include having an unclear definition of family, the nu rse-society relationship and public education areas are weak.These issues are essential in the management and treatment plan in caring for patients. Although the family, community and environment are considered in self care action, the focus is primarily on the individual (Balabagno, et. al, 2006). Another limitation is the definition of health as being dynamic and ever changing with states ranging from health or non health, wellness or illness (Fitzpatrick JJ, 2005).This definition of health directly contradicts the experience of some patients with varying needs and levels of care requirements. One of the most obvious limitations of Orem’s theory is that throughout her work, it can be said that a limited recognition of an individual’s emotional needs is present within the theory (George JB. , 1995). It focuses more on physical care and gives lesser emphasis to psychological care. Other theories address this limitation quite adequately such as Jean Watson’s Theo ry of Caring.

Analysis Of Conrad s The Heart Of Darkness - 794 Words

The world a century and a half ago was a radically different place. Not all land in the world had definite geopolitical boundaries. Many people of more advanced civilizations looked down upon those with lesser technology. There were still places to be colonized and civilized. Imperialism in the 1800s and 1900s generally followed five stereotypes. Black people are a separate and lesser species. Natives are generally thought of as being savages. Under the right circumstances, anyone can lose touch with his/her humanity. Greed can drive people to extremes. Imperialism hurts those conquering and those being conquered. The main stereotype presented was that black people are a separate and lesser species. In Conrad’s The Heart of Darkness, the†¦show more content†¦Besides people dying from war, Europeans in the Congo did not have immunity to the African diseases so many suffered and died. Under the right circumstances, anyone can lose his/her humanity. Marlow transplanted himself into a land nearly the opposite to his home country. England was civilized and unified while the Congo was neither. Marlow was exposed to death and despair and became a changed man. He saw human heads posted on stakes and instead of being shocked, he surprised another onlooker â€Å"excessively by laughing† (Conrad). Instead of one individual losing sight of his humanity, an entire nation did when the Andrew Jackson â€Å"sealed the Red Man’s problem† during his presidency (Johnson). The American people stood idly by in the name of Manifest Destiny while thousands of people were forced out of their homeland. Greed can drive people to extremes. Kurtz was hauled away from his fort in the jungle and instead of being thankful for being rescued, he could only speak â€Å"my ivory, my station, my river† (Conrad). Kurtz was lying on his deathbed and was entirely consumed by the thought of losing material things. Kurtz wanted to stay with his riches so passionately that he sent natives to kill the people who were supposed to be retrieving him. Another extremely lucrative trade item besides ivory was sugar which was easily grown in Hawaii. Planters, mostly U.S. citizens, made an effort to overthrow the queen in order to get Hawaii