Airjet Best Parts, Inc. Part 1 - 1125 Words

Finance | | | | | | | | | | Course Project - Part 1 - Task 1: Assessing loan options for AirJet Best Parts, Inc. | | | | | | | | | | | | | | | | Question 1: | APR (given) | EAR (calc) | | 2nd ICONV | | | | | | National First | 3.25 + 6.75 = 10% | 10.25 | | NOM = 10% | | | | | | | | | | C/Y = 2 (semiannual) | | | | | | | | | | EFF = 10.2500 | | | | | | | | | | | | | | | | | | | | | | | | | | Regions Best | 13.17 | 13.99 | | 2nd ICONV | | | | | | | | | | NOM = 13.17% | | | | | | | | | | C/Y = 12 (monthly) | | | | | | | | | | EFF = 13.9948 | | | | | | | | | | | | | | | | | | | | | | | | |†¦show more content†¦should be approximately $21.64 | | | | | | | | | | | | | | | | Question 3: | | | | | | | | | | I would think that the par value or stated value of preferred stock would be higher in price because | | | | | it pays a fixed divide nd with a set percentage of the par or face value each period. For example, when | | | | | stock prices increase, the value and dividends increase for common stock. However, the dividend | | | | | does not increase for preferred stock because with this type of stock, dividends are a fixed | | | | | | percentage of par or face value. The payout of common stock dividends will change with increases | | | | | and decreases in the stock market. If a company liquidates, common stock holders will likely | | | | | | get nothing because preferred stock holders and creditors will receivetheir share first. Common | | | | | stock holders will receive anything that is left to claim, which is usually nothing. | | | | | | | | | | | | | | | | Question 4: | | | | | | | | | | If AirJest Best Parts, Inc. annouces that their dividends will increase at the end of the year, | | | | | | the stock price computed above would increase. An increase i n dividends generates a higher | | | | | | stock price, which in turns spurs future production and investment in that company. If the | | | | | | required rate ofShow MoreRelatedAirjet Best Parts Inc Part 1990 Words   |  4 PagesKim Witten Course Project Part I Task 1 1. National First (Prime rate is 3.25%) +6.75% = 10% Semiannually EAR = (1+.10/2) ^2 – 1 which is 10.25 Regions Best Rate is 13.17% Monthly EAR = (1+.1317/12) ^12 – 1 which is 13.99 2. I think that between National First and Regions Best that National first offers the lower rate after computing the EAR. National first is also only compounded semiannually making it lower then Regions Best. The only thing I worry about it the prime rate changingRead MoreBusn 379 Course Project1155 Words   |  5 PagesProject – Part 1 Task 1: Assessing loan options for AirJet Best Parts, Inc. 1. Assuming that AirJet Parts, Inc. is considering loans from National First and Regions Best, what are the EARs for these two banks? Hint for National Bank: Go to the St. Louis Federal Reserve Board’s website (http://research.stlouisfed.org/fred2/). Select â€Å"Interest Rates† and then â€Å"Prime Bank Loan Rate†. Use the latest MPRIME. Show your calculations. Answer: National First Bank (Prime Rate 7,75% ) EAR = [(1+ ((7.75%)/2))^2Read MoreCourse Project 11131 Words   |  5 PagesCourse Project-Part 1 Hannah Satterthwaite Professor Gatto DeVry University Finding the Best Loan Options 1. Assuming that AirJet Parts, Inc. is considering loans from National First and Regions Best, what are the EARs for these two banks? National First- (1+.0675/2) ²-1 = .078890625 Regions Best- (1+.1317/12) ¹Ã‚ ²-1= .1399478787 Using the Estimated Annual Rate formula, I found that National First estimated annual rate was 7.9% and Regions Best was 13.995% 2. Based on your calculationsRead MoreCompare and Contrast1513 Words   |  7 PagesCourse Project – Part I AirJet Best Parts, Inc Student: Goldie Scarbrough Course: Finance Instructor: Professor  Mike  Woodard Date: 03/23/2013 Task 1: Assessing loan options for AirNet Best Parts, Inc The Company needs to finance $8,000,000 for a new factory in Mexico. The funds will be obtained through a commercial loan and by issuing corporate bonds. Here is some of the information regarding the APRs offered by two well-known commercial banks. Bank | APR | Number of TimesRead MoreFinance Week 61558 Words   |  7 PagesCourse Project Part II Introduction You will assume that you still work as a financial analyst for AirJet Best Parts, Inc. The company is considering a capital investment in a new machine and you are in charge of making a recommendation on the purchase based on (1) a given rate of return of 15% (Task 4) and (2) the firm’s cost of capital (Task 5). Task 4. Capital Budgeting for a New Machine A few months have now passed and AirJet Best Parts, Inc. is considering the purchase on a new machineRead MoreFinance Course Project1960 Words   |  8 PagesCourse Project Part II Introduction You will assume that you still work as a financial analyst for AirJet Best Parts, Inc. The company is considering a capital investment in a new machine and you are in charge of making a recommendation on the purchase based on (1) a given rate of return of 15% (Task 4) and (2) the firm’s cost of capital (Task 5). Task 4. Capital Budgeting for a New Machine A few months have now passed and AirJet Best Parts, Inc. is considering the purchase on a new machineRead MoreBusn379 Week 6 Course Project Part 2 Essay1346 Words   |  6 PagesTask 4. Capital Budgeting for a New Machine A few months have now passed and AirJet Best Parts, Inc. is considering the purchase on a new machine that will increase the production of a special component significantly. The anticipated cash flows for the project are as follows: Year 1 $1,100,000 Year 2 $1,450,000 Year 3 $1,300,000 Year 4 $950,000 You have now been tasked with providing a recommendation for the project based on the results of a Net Present Value Analysis. Assuming thatRead MoreBusn Essay1786 Words   |  8 PagesCourse Project Part II Introduction You will assume that you still work as a financial analyst for AirJet Best Parts, Inc. The company is considering a capital investment in a new machine and you are in charge of making a recommendation on the purchase based on (1) a given rate of return of 15% (Task 4) and (2) the firm’s cost of capital (Task 5). Task 4. Capital Budgeting for a New Machine A few months have now passed and AirJet Best Parts, Inc. is considering the purchase on a new machine

The War Between France And Great Britain - 998 Words

Part One: 1: 1607; British colonists founded the Jamestown Settlement on May 17, 1697. The colony was named after King James I of England. Settlement established by men in search of gold for profit. No profit came of the search, instead diseases and famine were major problems faced by colonists. 2: 1754; The French and Indian War took place between 1754 and 1763. The war between France and Great Britain started after a dispute about land that the British wanted from the French. It angered them and some native Indian tribes. 3: 1773; British colonists began to become upset with all the new taxes imposed on them by Great Britain to pay for the debt of the French and Indian war. A group of British people later threw three shiploads of tea into the Boston Harbor, later known as the Boston Tea Party. It became a major event that lead to the Revolutionary War. 4: 1775; The American Revolution began. It started in response to the Stamp Act of 1765. Colonists felt the stamp act was unconstitutional, British government claimed it had the right to tax colonists. 13 American colonies would fight for independence to later become the United States. 5: 1776; The Founding Fathers draft the Declaration of Independence. The 13 American colonies announce it is time for separation from Britain monarchy and become independent. The declaration was also used by the founding fathers to gain foreign recognition. 6: 1787; The Constitution is written. It was written to establish and address theShow MoreRelatedThe War Of 1812 And The United States Essay1328 Words   |  6 PagesThe War of 1812 was the result of an ongoing feud between France, Great Britain, and the United States. The causes of the war included Britain attempt to restrict trade between France and the United States, Britain’s navy intimidating American seamen and the U.S. attempt to expand their territory. Before going into the war, the United States was fully aware that Britain had the greatest naval power in the world so this would be the costliest war financially and physically. The United States knewRead MoreThe American Colonies Military Struggles with European Nations687 Words   |  3 Pagesoutcomes of the French and Indian War, the American Revolution, and the War of 1812 are all significant links in the chronological chain of history that has led us to the creation of the United States of America. If any of thes e linked events were not to have occurred or had a different outcome, the United States very well would not exist or would still be a group of European colonies. Lasting from 1756 until 1763, The French and Indian War was mainly a proxy war fought between the American Colonies actingRead MoreThe French And Indian War1195 Words   |  5 Pageshistory, wars have been fought to gain territories, independence, or to fight against those who take away one’s rights. The French and Indian War was fought in North America over the Ohio Valley, however, it is much more than just a war to gain territory. This war opened doors to the colonists who decided that fighting for independence was something they were in need of doing. The French and Indian War was the portion of the Seven Year’s War that was fought in North America between Great Britain and FranceRead MoreThe Causes of World War I1090 Words   |  5 Pagesmost terrifying wars in history broke out. One by one, starting with Germany, the nations of Europe picked up their weapons and entered a four-year period of annihilation and destruction. Germany was by all means responsible for the conditions that led to the outbreak of World War I due to their hunger for sovereignty which crippled the balance of power in Europe, their unconditional support for Austria, and the German war plan which transformed what should have been a local war into a horrendousRead MoreThe Fischer Controversy. The Publication In 1961 Of Fritz1483 Words   |  6 Pagesthe First World War, caused a wave of reactions from other historians and the general public. His claim angered German historians because it stated that Germany was solely responsible for the outbreak of World War I because they had â€Å"aggressive war aims in 1914.† According to Fischer, World War I was the excuse Germany needed to advance these aims. Although Fischer’s claim focused only on Germany the impact he made was felt among other nations who had also taken part in World War I. In turn eachRead MoreA Brief Note On The American Civil War1375 Words   |  6 Pages European Involvement in the Civil War Jillisa Halverson History 151 Instructor: Dan Anderson December 5, 2015 The American Civil War represents a significant period in United States history. In this essay we will explore foreign involvement in the Civil War. We will specifically look at the roles of France and Great Britain played and how they used military positioning in Canada and off the US coast to affect the war. Finally, we will look at which foreign entitiesRead MoreThe Treaty Of Paris ( 1763 )952 Words   |  4 Pagesthe Seven Years War (1754-1763), or French and Indian War as it was known in North America between the British and French Empires. Agreement is different, from the Treaty of Paris signed in 1783 which concluded the American Revolution (1775-1783) and provided for the independence of the United States of America from Great Britain. It is also distinct from Treaty of Paris (1815) which solidified Napoleon s defeat in Europe, and the Treaty of 1856 which concluded the Crimean War (1853-1856). ByRead MoreThe Clash Of The Titans1602 Words   |  7 PagesTITANS The War of 1812 The War of 1812 began as a result of a long fought war between Great Britain and French forces led by Napoleon Bonaparte, that eventually infringed upon many of America s rights. France and Great Britain had been fighting since 1793. Napoleon was a very powerful and determined emperor who conquered much of Europe during the 19th century. The Royal Navy was very skilled at naval combat and France had a strong and capable leader that was very skilled in war tactics. TheRead MoreThe System Of Alliances : The Alliance System1273 Words   |  6 PagesEntente of Britain, Russia and France (1907) Although these alliances were defensive in nature, they meant that any conflict between one country from each alliance was bound to involve the other countries. The fact that Germany faced a war on two fronts greatly influenced her actions during the July Crisis. By 1914 Italy was only a nominal member of the Triple Alliance. She had concluded a secret treaty with France by which she promised to stay neutral if Germany attacked France and when war broke outRead MoreThe Main Causes of World War 1 Essay1295 Words   |  6 PagesGreat War, also known as The First World War, lasted for four year (1914 to 1918). It brought a huge development of war technics and weapons. More number of countries had been involved in the Great War than any previous war. It involved the mobilization of the whole nations, not just an enormous army that turned the war into a â€Å"total war†. (Clare 6) However, historians are still arguing about the major cause of the World War I. The major cause will be one of the four long-term causes of WWI, which

To Ban or Not to Ban Free Essays

Mariah Smyth English II Honors Holzberger 11 May 2012 To Ban or Not to Ban? Give me literature or give me death. Why stand we here idle? What is that gentlemen wish? What would they want? Is it text so dear, or peace so sweet, as to be purchased at the price of the chains of censorship? Forbid it, almighty god! I know not what course others might take; but ask me give me literature, or give me death! (Parody of â€Å"Speech to the Virginia Convention†). For centuries people have been reading books to gain knowledge and to be entertained (Introductory Assignment Sheet). We will write a custom essay sample on To Ban or Not to Ban? or any similar topic only for you Order Now Kurt Vonnegut did a magnificent job writing a piece threaded with compassion of a tragic historical event leaving behind a conspicuous moral statement. Slaughterhouse-Five by Kurt Vonnegut should not be removed from shelves, because the book is eye-opening especially for young adults who are soon to enter the real world and become our future. Certain groups decided to challenge harsh reality of the truth written into an educational and humorous read. A school’s board article stated, â€Å"We’re not making a judgment call on if the book is good or bad, we just want to make sure it’s age appropriate† (School board removes 2 books from school). This is NOT an arguable reason considering Billy Pilgrim, the main character in Slaughterhouse-Five, went into war at the age of sixteen. The book states the facts. Vonnegut argues that war is inhumane. This IS arguable and negotiable; war is deceitful and tears apart homes. Educational supervisors are trying to ban a book that is making children aware of the gruesome effects of war, and warnings to create a more diplomatic world. Vonnegut served in World War II first handedly and wanted to stress the anxiety war puts upon people. While being a veteran, â€Å"Vonnegut once knew the comfort of such a community and home life, and knew also the feeling of having them wrenched away† (Twentieth-Century Writers 1950-1990). His goal in Slaughterhouse-Five was to create a third world era where â€Å"Tralfamadorians,† or aliens, known as the enemy took over and demonstrated manifestations of the immaturity of human species for creating war. Vonnegut’s Dresden bombing in literature explained that, â€Å"In the aftermath they were assigned the task of carrying out dead bodies from the ruins. The descriptions of the removal of the bodies are particularly gruesome reminders of the insanity† (Dresden bombing in literature). Vonnegut wanted a moral vision of war cutting social community. After being kidnapped by the extraterrestrial Tralfamadorians he attempted to find peace and learned that the only secret of life is to live only in the happy moments. His embellished comparison to overcoming a tragedy was an honorable mention for young readers. It helps them realize war is unacceptable along with everything that comes with it. In addition, Vonnegut wanted someone to, â€Å"tell him the secret so he can take it back to Earth and save us all: How can a planet live at peace? † (Kurt Vonnegut). Vonnegut stated this in Slaughterhouse-Five meaning war should not be believed to take place on Earth. When coming back from his third world era, â€Å"war,† he thought it would be different, but everything came back with him. Therefore, when young adults read Slaughterhouse-Five they will fathom the idea wars resolve nothing and to create world peace for our future. Also respect everyone who has and is serving in war learning the truth and unpleasant effects. However, you may argue war is still an issue today and the book is not age appropriate considering it is anti-war and putting horrid images in young reader’s mind. Overall, the book is reality and history. You cannot feed your children lies and candy coat everything. If Billy Pilgrim was capable of entering war at the age of sixteen, young adults are capable of facing the truth and forming opinions for themselves. Vonnegut wanted to leave behind a message, â€Å"God grant me the serenity to accept the things I cannot change courage to change the things I can and wisdom to always tell me the difference† (Kurt Vonnegut). We cannot change what has already happened, but we can prevent it from happening again. Slaughterhouse-Five sets a good example and should not be banned. Works Cited Quinn, Edward. â€Å"Dresden bombing in literature. † History in Literature: A Reader’s Guide to 20th Century History and the Literature it Inspired. New York: Facts On File, Inc. , 2008. Modern World History Online. Facts On File, Inc. ttp://www. fofweb. com/activelink2. asp? ItemID=WE53;iPin=HIL056;SingleRecord=True  (accessed April  30,  2012). Verde, Tom. â€Å"Vonnegut, Kurt. † Twentieth-Century Writers 1950–1990, American Profiles. New York: Facts On File, Inc. , 1996. (Updated 2007. ) American History Online. Facts On File, Inc. http://www. fofweb. com/activelink2. asp ? ItemID=WE52;iPin=ffap20w20005;SingleRecord=True  (accessed April  30,  2012). Oakes, Elizabeth H. â€Å"Vonnegut, Kurt. † American Writers, American Biographies. New York: Facts On File, Inc. , 2004. (Updated 2007. ) American History Online. Facts On File, Inc. http://www. fofweb. com/activelink2. asp? ItemID=WE52;iPin=AW237;SingleRecord=True  (accessed April  30,  2012). â€Å"School board removes 2 books from school†. Copyright 2011 United Press International, Inc. (UPI). U. S. Government Online. Facts On File, Inc. http://www. fofweb. com/activelink2. asp? p=details. aspx;ItemID=WE36;iPin=UPI-1-20110726-160202-bc-us-bookban-crn;SingleRecord=True  (accessed April  30,  2012). â€Å"Freedom Readers Assignment Sheet. † 4 May 2010. Vonnegut, Kurt. Slaughterhouse-Five. New York: Bantam Doubleday Dell, 19991. Print. |   | How to cite To Ban or Not to Ban?, Papers

A Christmas Carol as an Allegory free essay sample

A Christmas Carol as an allegory is a simple concept to grasp knowing the definition of allegory. An allegory is a story, poem, or picture that can be interpreted to reveal a hidden meaning, typically a moral or political one. The way Dickens was able to slip subtle messages into various characters persona is amazing. Using the mankinds children Ignorance and Want, the cheerful Fred, the infamous Scrooge, and many other characters, Dickens is able to create an allegorical masterpiece that delivers his message in a holiday-based setting† the perfect time to influence the masses. Ignorance and Want are, as referenced above, the metaphorical children of mankind. Dickens brings two traits that man will inherit to life; the affluents incognizance and the poors want. They are what has filtered down through generations, unchanged due to the negligence of the wealthy. The childrens condition shocks Scrooge, he actually asks the Ghost of Christmas Present if the children happen to be his to which the spirit replies, They are Mans, And they cling to me, appealing from their fathers. We will write a custom essay sample on A Christmas Carol as an Allegory or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This boy is Ignorance. This girl is Want. Beware them both, and all of their egree, but most of all beware this boy, for on his brow I see that written which is Doom, unless the writing be erased. Deny it! Slander those who tell it ye! Admit it for your factious purposes, and make it worse! And bide the end! This quote is an obvious depiction of a simplistic yet meanful message, the wealthy must change their ways for societies betterment. Not an upperclassmen, Fred is a representation of the middle class man who is not ignorant to the troubles of the poor and embraces the Christmas spirit. He is very similar to another barely mentioned character, Scrooges old boss Fezziwig. The bring Joy to their employees with a simple gesture, an invitation to a Christmas party. This shows that despite Fred is not a rich man he is still able to bring Joy to his workers, dashing the concept that money brings happiness. Dickens uses Fred as a foil to Scrooge to display differences through both attitude and action. Freds presence lightens the atmospere during the arguement between them and the fact that the Man of Christmas Cheer tops Scrooge in the squabble furthers his point. Through a well written novella Dickens delivers his message, that the wealthy must hange, time and time again. Moving on to Mr. Ba-humbug himself, Scrooge is pictured as a parsimonious man even after hes changed. Scrooge symbolizes the wealthy, aristocratic society members who are ignorant to the poors suffering. Dickens goes far as humanly possibly to show how unforgiving Scrooge is towards the lower class, one quote says that Scrooge is so cold that, No warmth could warm his soul. Through a wordy tongue-lashing he gave to the men who asked for a donation for the poor Scrooge further shows his uncaring attitude. Through his tirade he shows how truly ignorant nd neglectful he, and the class he represents, is towards the poverty-stricken. Using such a detestable character gives Dickens the ability to call for a change of moral in the wealthy, thus putting a cherry on top ot the allegorical sundae. Allegories have been written, read, forgotten, and remembered throughout the course of history but none such like A Christmas Carol. A strong moral message, simplistic with a deep impact, this novella embodies the meaning of allegory. By using well constructed characters and inlaid messages Dickens has thoroughly, and effectively, delivered a message to the masses.