The Effects Of Today s Media On The Homeless Community Essay

The Effect of Today’s Media On the Homeless Community Brad Jones Cisco College Introduction In today’s society, you see an outstanding amount of homelessness in the streets with no sign of stopping anytime in the near future. These numbers continue to climb with the majority of people blaming it on the homeless individual either being too lazy to get a college (sometimes even high school) degree, too lazy to go and at least try to get a job or a combination of both. With this thought process in mind, you could say people are oblivious to the deinstitutionalization of thousands of mentally ill patients put out into the streets due to America’s corrupted economic system. But the truth is, people are usually just more drawn to either make fun of them or just walk right by them without batting an eye purely based off the different types of media that are being put out for anybody to see at anytime. The media has played a key role in the public’s perception of homeless people, as well as the increase in the number of homeless people present. Though there ar e some organizations in the US trying to help combat the rising homeless numbers, the current stereotype of homeless individuals has led the majority of the country to make comedic meme’s, videos and other variations of media to bring down the homeless community and not raise awareness, but bring up their own perception of the homeless to the rest of the country. This only causes one big snowball effect for the perception ofShow MoreRelatedEconomic Inequality Of The United States1696 Words   |  7 PagesEconomic Inequality Paper Homelessness is one of the main problems plaguing the United States today, with low income earners at a higher risk of becoming homeless than previous years. 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Technology and Plagiarism Free Essays

Widespread technology and communication has made both plagiarism and the detection of it easier than ever before. In the competitive field of journalism, integrity and individuality plays a massive role. The ethics of writing in a world where writing is an exponentially growing area of work are essential. We will write a custom essay sample on Technology and Plagiarism or any similar topic only for you Order Now In the field of journalism, writers must act according to the subject’s code of ethics. â€Å"Truthfulness, accuracy, and objectivity† (Journalism Ethics and Standards) are important characteristics that each journalist must follow. A journalistic piece must meet these indisputable standards – after all, the main idea behind journalism is to deliver the truth. There have been many cases of misconduct and disobedience of the journalistic code of ethics in the past and recent future. Zachery Kouwe, a Times business reporter, was rightly accused of plagiarizing from The Wall Street Journal. After in-depth research into his other pieces of work, plagiarism was apparent in many of his works. The New York Times article called plagiarism a â€Å"journalistic sin† to emphasize the gravity of the issue. Another excellent example of a writer compromising his journalistic integrity can be seen in Billy Ray’s Shattered Glass (2003). This movie, based on a real life story, shows the life of a journalist who’s lost his way and his integrity. Stephen Glass, a former reporter for The New Republic, was caught for a serial fraud in his articles. He fabricated quotations, sources, descriptions, and events in his stories and was eventually fired when his deception came to light. Plagiarism is a common issue for those writers who have lost their integrity. In fair play, written works must be original and accredited. We have the opportunity to use insightful ideas from countless pieces of work. There are written works available in almost every thinkable subject – anywhere from linear algebra to dance ballet. The only requirement for contributing to and taking from the gigantic world of words is integrity. Upholding this honor is the only way to avoid fraud and plagiarism. How to cite Technology and Plagiarism, Essays

Techniques Include Payback Period - Discounted Payback Period

Question: Discuss Capital Budgeting is A Process Used By the Companies ? Answer: Introduction Capital budgeting is a process used by the companies to evaluate investments which are long term in nature. Under the process, the various income and expenses related to the project are analysed to arrive at a conclusion as to whether or not the project should be undertaken. There are various techniques which can be used in capital budgeting. The most important of them all includes Net present value (NPV) which is the excess of cash inflows to cash outflows. If the NPV of the project is negative, the project is out rightly rejected. Other techniques include payback period, discounted payback period, internal rate of return and profitability index (Drake, NA) Investment Evaluation Runwell Corporation is considering a proposal to introduce a new line of vehicle parts which is more environments friendly and helps in reducing carbon emission. However, the proposal requires investment in new plant and machinery, renovation of an existing part of the factory, and other personnel expenses. The project is expected to continue for eight years after which the up gradation of technology will make the production line obsolete. An analysis of the various income and expenses was carried out and a cash flow table was prepared to calculate the net present value of the project and also the discounted payback period which should be less than 5 years. The analysis is presented below: Year 0 1 2 3 4 5 6 7 8 No. of boxes sold 48000 48000 48000 48000 60000 60000 60000 60000 Selling price $30 $30 $30 $30 $30 $30 $30 $30 Revenue $14,40,000 $14,40,000 $14,40,000 $14,40,000 $18,00,000 $18,00,000 $18,00,000 $18,00,000 Variable costs $7,20,000 $7,20,000 $7,20,000 $7,20,000 $8,10,000 $8,10,000 $8,10,000 $8,10,000 Fixed costs $1,60,000 $1,60,000 $1,60,000 $1,60,000 $1,60,000 $1,60,000 $1,60,000 $1,60,000 Quality assurance inspection charges $36,000 $36,000 $36,000 $36,000 $36,000 $36,000 $36,000 $36,000 Training expense $18,000 Opportunity cost $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 Depreciation $1,64,000 $1,64,000 $1,64,000 $1,64,000 $1,64,000 $1,64,000 $1,64,000 $1,64,000 Operating income $3,39,500 $3,57,500 $3,57,500 $3,57,500 $6,27,500 $6,27,500 $6,27,500 $6,27,500 Taxes @ 30% $1,01,850 $1,07,250 $1,07,250 $1,07,250 $1,88,250 $1,88,250 $1,88,250 $1,88,250 Income after tax $2,37,650 $2,50,250 $2,50,250 $2,50,250 $4,39,250 $4,39,250 $4,39,250 $4,39,250 Cash flows from operating income $4,01,650 $4,14,250 $4,14,250 $4,14,250 $6,03,250 $6,03,250 $6,03,250 $6,03,250 Terminal value $3,05,600 Initial investment -$17,63,000 Net cash flows -$17,63,000 $4,01,650 $4,14,250 $4,14,250 $4,14,250 $6,03,250 $6,03,250 $6,03,250 $9,08,850 Cost of capital @14% $1 $0.877 $0.769 $0.675 $0.592 $0.519 $0.456 $0.400 $0.351 Present value of cash flows -$17,63,000 $3,52,325 $3,18,752 $2,79,607 $2,45,269 $3,13,309 $2,74,833 $2,41,081 $3,18,606 NPV = $5, 80,781.2 Discounted Payback period Year Present value of cash flows Cumulative cash flows 0 -$17,63,000 -$17,63,000 1 $3,52,325 -$14,10,675 2 $3,18,752 -$10,91,924 3 $2,79,607 -$8,12,317 4 $2,45,269 -$5,67,047 5 $3,13,309 -$2,53,738 6 $2,74,833 $21,094 7 $2,41,081 $2,62,176 8 $3,18,606 $5,80,781 Discounted payback period = 5.9 years Working Notes 1) Initial Investment Initial investment Renovation cost $1,30,000 Procurement of human resources $48,000 PE cost $14,00,000 Transportation cost $40,000 Installation cost $70,000 Employee training cost $26,000 Increase in working capital $49,000 Initial investment $17,63,000 2) Depreciation Depreciation Renovation cost $1,30,000 PE cost $14,00,000 Transportation cost $40,000 Installation cost $70,000 Total cost $16,40,000 Depreciation $1,64,000 3) Terminal Value Terminal value Sale of machine $2,50,000 cost of sale $24,000 Net sale value $2,26,000 Book value of machine $3,28,000 Loss on sale $1,02,000 Tax on loss $30,600 After tax sale value $2,56,600 Recovery of working capital $49,000 Terminal value $3,05,600 In calculating the after tax sale value of the plant and equipment, there is loss on sale of PE as the book value is more than the market value. Hence, there would be tax benefit on the loss. This will increase the net sale proceeds. Recommendation On the basis of the above analysis and the value of the NPV, the project looks profitable as the NPV is positive and means that the income from the project is more than the project expenses. However, the GM of the company requires a discounted payback period of 5 years, however the discounted payback period the project is more than 5 years i.e. 5.9 years, hence the project cannot be accepted. The company has the option to sell the contract to another compliant company for $200,000. Had it not been for the risk of the project of the technology getting obsolete, the company would not have restricted its discounted payback period to 5 years and would have gone ahead with the project because the value of NPV is $580,781 which is more than $200,000. This would have been more profitable, but since the payback period is more than 5 years, the company will have to sell the contract to another company for $200,000. WACC as the discount factor Weighted average cost of capital is the average rate of return which the investors of the company expect. WACC represents the risk of the total capital of the company (Fernandez, 2011). It is used as a discount factor to discount the cash flows into the present in order to calculate the NPV. Most of the companies use WACC as the discount factor for an investment evaluation. However, it is not the most appropriate rate when it comes to evaluating a project which is different from the current business of the company (Jacobs, Shivdasani, 2012) In the present case also, the company is introducing a new line of business, hence it is better to use the WACC of that particular industry to which the product belongs to. This will ensure that the risks associated with the particular product are incorporated in the WACC. Discount rate is a very sensitive factor in capital budgeting and minimal change in discount rate may result in huge difference in the result of the proposal (Neufville, Clark, Field, NA). Hence, it is recommended that the appropriate discount rate which encompasses the risk of the project should be taken into consideration. Conclusion The new investment proposal of Runwell Corporation has a positive outcome in terms of profitability. The profits are more than what the company could earn by selling the contract to another compliant company. However, the company cannot go ahead with the production as it does not meet the required discounted payback criterion. Currently the company is using its WACC to discount the project, however, if it uses the WACC of the new vehicles part industry, it will be more appropriate as it will encompass the entire risk associated with the project and then maybe the payback period can be increased as the risk related to the project will be taken care of by the new WACC. Therefore, it is advisable that the company reconsider its WACC for the project which would generally be high and if after that the project has a positive NPV, the company can go ahead with the project of manufacturing the vehicle parts instead of selling the contract to another company. Reference Fernandez, P., (2011), WACC: Definition, Misconceptions and Errors, IESE Business School, Working paper no. 914 Neufville, R., Clark, J., Field, F., (NA), Choice of Discount Rate, Dynamic Strategic Planning, Massachusetts Institute of Technology Drake, P., (NA), Capital Budgeting Techniques, accessed online on 25th April, 2017, available at, https://educ.jmu.edu/~drakepp/principles/module6/capbudtech.pdf Jacobs, M., Shivdasani, A., (2012), Do You Know Your Cost of Capital? Harvard Business Review

Research Paper on Gangs Essay Example

Research Paper on Gangs Essay A gang is a specific group of people, who are united on the basis of a certain idea, purpose, kind of activity, preferences, age, and exist and ‘work’ on a particular territory. Every band is often opposed by the other one, which possesses some other believes and supports another idea. This reason always become the basis for numerous conflicts, even wars. According to the opinion of the general public, every gang exists only to commit all sort of crimes. Crimes have always accompanied the human civilization and criminals acted individually very seldom. The most typical and effective way to commit crimes is gathering into gangs. Gangs have a very complicated and strict structure or organization. There is always the head of a gang. This gang member is probably the oldest one and likely possesses the smallest criminal record and they always have great authority and power to control the activity of the gang and recruit new members. The members of the gangs often try to identify themselves with clothes, haircuts, various symbols or signs. The topic of gangs is quite important and stressing, because only in the US there are 30,000 gangs, with 760,000 members who are dangerous for people around. Many people all over the world are targets of the attack of various gangs who do it from different motives and purposes. The topic about gangs should present the historical background of the problem, deep analysis of the functioning of gangs, their structure, and reasons of creation and results of their activity. Quite useful will be tables and graphs with statistics on the topic. Finally, a good research paper should present the ways which are helpful for people to protect themselves from the attacks and various tips with useful advice how to act when you face gang members on the street. We will write a custom essay sample on Research Paper on Gangs specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Research Paper on Gangs specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Research Paper on Gangs specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Students who need to write research paper on gangs in America will have to read much to understand the topic well. There are many reliable books, encyclopedias, magazines and newspapers which are dedicated to the research of the gangs and their nature. Students should not limit themselves with the reading of the literary sources, but free example research papers on gangs in prison will be interesting and helpful to those students who can not find enough facts concerning the topic and want to know how a paper should be organized. Nearly every free sample research paper on street gangs is prepared by a professional writer who shows the proper way of paper writing. Reading such a paper you realize the structure of the paper, format and the way of presentation of data. At EssayLib.com custom writing service you can buy a custom research paper on Gangs topics. Your research paper will be written from scratch. We hire top-rated Ph.D. and Master’s writers only to provide students with professional research paper assistance at affordable rates. Each customer will get a non-plagiarized paper with timely delivery. Just visit our website and fill in the order form with all paper details: Enjoy our professional research paper writing service!

The pros and cons of technology and the effects it has on managers.

The pros and cons of technology and the effects it has on managers. 1. How has technology changed the manager's job over the past 20 years? Discuss the pros and cons of technology. Please be specific and give examples.There are two different views on technology. Some say that technology has caused harm to their lives, and others have reward technology with making their lives much easier. None the less technology has changed the manager's job over the past twenty years.Technology has accounted for improvements in aerospace, telecommunications, hardware, software, and transportation. Information technology is one of the major improvements in technology over the past twenty years. With these improvements come crimes. A survey of five hundred and sixty-three firms claims that seventy-five percent of these firms have reported financial loss due to security breaches. The FBI estimates that this kind of theft cost US industries two hundred and fifty billion a year. This changes the role of the manager's job. Now a manager has to deal with information securi ty.The manager has to take into account the concern for security percentages. The manager had to be able to determine the security requirements for an organization. The manager has to determine confidentiality, integrity, availability, auditablity and authenticity.Another great improvement derived from technology is electronic commerce. Electronic commerce opens up new markets. It eliminates intermediaries, minimizes cost, and provides a world wide market place. However electronic commerce couldn't take place without the Internet. Both of these improvements drastically change the manager's job. These improvements make the manager's job easier. However it also leaves the manager with more responsibilities. The manager now has to deal with electronic treats. This includes unauthorized access, password stealing, and many more.With the Internet came Intranets and Extranets. Intranets allow a company to communicate with each other inside the organization. An extranet combines internal an d external communications.

Common Dorm Costs for College Students

Common Dorm Costs for College Students Living in the residence halls during your time in college often means you can avoid the hassle of having to pay rent every month, deal with a landlord, and budget for utilities. There are still, however, lots of costs that come with living in the dorms. Keep in mind that, as a student living in on-campus housing, there are actually a lot of expenses you have control over. Sure, you may be required to purchase a meal plan, but you can purchase the smallest one possible and keep some snacks in your room for when youre hungry. Additionally, if you take care of your room during the year, you wont face unexpected charges for cleaning or damage repairs when you check out. Lastly, taking good care of yourself - e.g., finding time to exercise, getting enough sleep, and eating well - can help eliminate unexpected costs on things like doctors appointments or medications. Below is a sample budget for a student living on-campus during their time in school. Your costs may be higher or lower depending on where you live, your personal choices, and your lifestyle. Consider the budget below a sample that you can revise as needed for your own individual situation. Additionally, some line items in this sample budget can be added or subtracted as needed. (Your cell phone bill, for example, may be much larger - or smaller - than listed here, depending on your needs as well as your budget.) And some items, like transportation, may be vastly different depending on how you get to campus as well as how far away from home your school is. The nice thing about budgets, even if youre living in a residence hall, is that they can be reworked until they fit your own unique needs. So if something isnt quite working out, try moving things around until the numbers add up in your favor. Common Dorm Costs for College Students Food (snacks in room, pizza delivery) $40/month Clothes $20/month Personal items (soap, razors, deodorant, make-up, laundry soap) $15/month Cell phone $80/month Entertainment (going to clubs, seeing movies) $20/month Books $800-$1000/semester School supplies (paper for printer, jump drive, pens, printer cartridges) $65/semester Transportation (bike lock, bus pass, gas if you have a car) $250/semester Travel (trips home during breaks and holidays) $400/semester Prescriptions, over-the-counter medicines, first-aid kit $125/semester Miscellaneous (computer repair, new bike tires) $150/semester

Financial Accounting and reporting Essay Example | Topics and Well Written Essays - 1000 words

Financial Accounting and reporting - Essay Example f financial accounting and reporting is the preparation of financial statements such as the income statement, cash flow statement, fixed assets movement schedule and the balance sheet (MAYNARD, 2013, 309). The financial statements are to be made available to all users of financial information who include creditors, regulators of business operations, investors as well as the government through its taxation unit. Other objectives of financial accounting and reporting include provision of information that can be used to establish the solvency position of a given business. The financial statements provide information relating to a firm’s ability to meet its short-term and long-term liabilities as they fall due. The information assists in ascertaining the financial position of a business in terms of its assets and liabilities which assist the business to clearly establish where they stand in reference to what they own and what they owe others. Another objective to be attained by financial accounting is the fact that it offers systematic recording of business transactions in an organized manner thus enhancing accountability and order in the business (SUTTON, 2004, 26). Providing relevant information to be used by several users of financial statements is one of the top objectives of financial accounting and reporting. It assists the stakeholders in making rational decisions. Some of the key users of financial statements are listed below. The investors require financial statements in order to evaluate the practicality of investing in a given business venture. Investors use the information specifically to determine and to predict the future of a company’s dividend growth through the use of income statements. They are able to further establish the various forms of risks associated with a given investment through a keen look into fluctuations in after tax profits, share price and dividend growth. The government requires financial statements from all companies and