Finance and Debt Essay - 769 Words

Tutorial 2 The Wm. Wrigley, Jr. Company (Part 1) In the first part of the tutorial, each group will present to the class a succinct and yet comprehensive discussion of the following issues relating to Wrigley. Students who do not belong to any group will be assigned to a group in this tutorial. Intra-group discussions will be facilitated in the second part of the tutorial. PART A Question #1: (J1, S1, PA1, PB1) Looking at the data provided to you in the case, without doing a detailed analysis, do you agree with Blanka Dobrynin’s view that Wrigley is not efficiently financed? Why? Discuss clearly the methods you will use to help you to arrive at your decision. Question #2: (J2, S2, PA2, PB2) What could possibly be the†¦show more content†¦To make an advantages of such a debt financing feature, companies often use debt –financing feature While using debt may add pressure to a company’s ongoing operations as a result of having to meet interest-payment obligations, it helps retain more profits within the company compared to using equity, which requires the sharing of company profits with equity holders. Using debt, companies need to pay only the amount of interest out of their profits. Using equity, on the other hand, the more profits a company makes, the more it has to share with equity investors. To take advantage of such a debt-financing feature, companies often use debt to finance stable business operations in which they can more easily make ongoing interest payments and, meanwhile, retain the rest of the profits to themselves. Financial Leverage Using debt is also advantageous to existing owners because of the effect of financial leverage. When companies use debt to provide addition capital for their business operations, equity owners get to keep any extra profits generated by the debt capital, after any interest payments. Given the same amount of equity investments, equity investors have a higher return on equity because of the additional profits provided by the debt capital. As long as using debt doesn’t threaten the financial soundness of a company in times of difficulties, equity owners welcome certain debt uses to help enhance their investmentShow MoreRelatedFinance and Debt654 Words   |  3 PagesHow should PDVSA finance the development of the Orinoco Basin? What are the costs and benefits of using project finance instead of traditional internal debt finance? PDVSA should think about financing the development of the Orinoco Basin by using project finance. The company (PDVSA) is looking forward to the financing of a public-private â€Å"chain† of deals between PDVSA and other foreign organizations that posses technological know-how, crude oil marketing capacity and creditworthiness, to developRead MoreEquity Finance And Debt Finance823 Words   |  4 PagesStockholders are those entities who provide a company with the risk capital such as preference share owners and ordinary share owners (Freeman and Reed, 1983). Generally, stockholderis one of long-term finance providers with the aim to maximize their wealth.According toBrickleyet al. (1985), long-term finance providers are more likely to focus on the matter whether the financial structure in the company is sound or not and the durability of profitabilityrather than temporary profits that a potentiallyRead MoreFinance Of The Public Debt2307 Words   |  10 PagesBuying Treasury S ecurities The Bureau of the PUBLIC DEBT Department of the Treasury Treasury Securities The Treasury issues three types of marketable securities - bills, notes, and bonds. These securities are direct obligations of the United States Government. When originally issued, they are sold through an auction process. They are commonly known as marketable securities because after their original issue that may be bought or sold in the secondary (commercial) market at the prevailing marketRead MoreThe Role Of Debt Of Project Finance Essay1064 Words   |  5 PagesTable of Contents Introduction 2 Role of Debt in Project finance 2 Pros and Cons of project finance debt 3 Identifying Project Risks 3 Difference from Corporate Lending: 4 â€Æ' Introduction Project finance is a term used freely by a number of professionals including bankers, journalists, and academics in order to describe a variety of financing activities. Project finance is a decades-old term that preexists corporate finance. However, the rolling growth in infrastructure undertakings in the developingRead MoreFinance and Debt Tax Shields2147 Words   |  9 PagesWrigley Jr. Company: Capital Structure, Valuation and Cost of Capital 1. Dobrynin plays the role of the financial entrepreneur, exploiting inefficiencies in investment valuation and corporate finance. She seeks to profit by restructuring firms with â€Å"lazy financing† or too much cash and unused debt capacity relative to the (low) risks faced by the firms. By pressuring directors and managers to adopt more efficient policies, she hopes to reap an investment gain. The larger issue is whether orRead MoreFinance and Short-term Debt907 Words   |  4 PagesAdditionally, we used an aggressive strategy; one of the ways in which we were aggressive was by taking on short-term debt. This strategy was more risky because we depended on sales to repay debt. If our sales forecasts had been wrong and we had not sold as much as we wanted, our team would have not been profitable because we would have not been capable of paying our short-term debt. Due to the lack of team communication, we forgot to confirm our decision so the computer made the decision for usRead MoreStudent Finance : Student Debt Crisis1663 Words   |  7 PagesExecutive Summary: A decade ago, student loans barely existed. Today, however, American students borrow up to couple million dollars a year to attend college. An entire generation is burdened with debt, and affected by the modern phenomena known as the â€Å"student debt crisis.† In recent years, student loan borrowing rates have risen notably, leading to concern about the public financial risks associated with the financial challenges faced by many students. Of late, the United States government hasRead MoreStructuring Debt Finance : Syndicated Loans, Debt Securities And Mezzanine Loans2577 Words   |  11 PagesStructuring Debt Finance: Syndicated Loans, Debt Securities Mezzanine Loans by Lexis Practice Advisor Attorney Team Form and Drafting Notes Provided for Use in Lexis Practice Advisor by: Lexis Practice Advisor Team. This Ppractice Nnote addresses three types of alternatives for a company to raise debt for its business purposes: (1) syndicated loan borrowings, (2) debt securities issuances, and (3) mezzanine loan borrowings. This Npractice note will describes the basic features and differencesRead MoreNotes On Trade Off Theory738 Words   |  3 PagesFirstly, trade off theory indicates how much debt finance and equity finance that a company should choose (World Finance 2015). To make the appropriate decision, a company is required to balance the costs and benefits of acquiring debt finance and equity finance (Chen and Chen 2015). In addition, the trade ­off theory also indicates the exposure of bankruptcy and agency cost against tax benefits associated with debt financing (McGrawHill Education 2015). BankruptcyRead MoreFinance Cas Study664 Words   |  3 PagesLesson 7 case study extra credit 1. If Stephenson wishes to maximize its total market value, would you recommend that it issue debt or equity to finance the land purchase? Explain. If Stephenson wants to maximize its total market value it should use debt to finance the $100 million dollar purchase. By using the debt to finance it will decrease the overall taxable income the company reports. Since interest payments are tax deductible it will create a tax break for the company which will

Socialization and Self Concept - 733 Words

Ernesto Mendoza CMST 101 #66703 M/W 11:00am (Fall 2012) Lisa Shiba October 8, 2012 Reaction Paper #1 Socialization is a big part of our lives it goes hand in hand with our self concept. Self concept helps us understand who we are and how we think we look compared to other people. How you view yourself plays a very important role in your life. Although we view ourselves one way our self concept may be distorted. My experience is a very recent one that intrigued me because it made me see how important our self concept is. I realized that individuals can be in a way erased from society if they have no human interaction. I experienced this new feeling when I read Cipher in the Snow, Jean†¦show more content†¦At school it was up to the one of the faculty members to tell the parents what had happened. The principal gave the responsibility to one of the teachers who cliff had written down that was his favorite teacher. The teacher had no idea who he was and began trying to find out who Cliff Evans was. The teacher found out that the Evans boy began as a good student wanting to le arn, as time went by and he left to different teachers he was paid less attention and began being treated as a dumb student. All of the boys’ surroundings were negative and played a big factor in his death. His teacher realized that he was the only one that motivated the boy, but once he left his class he was forgotten. No other teacher paid attention to him or tried to support him they just treated him like a shy uncooperative slow learner. The teacher realized that he as an educator plays a big role in every one of his student’s life. He vows to never let it happen again and tells his students â€Å"I may not do anything else for you this year, but not one of you is going to come out here a nobody. I’ll work or fight to the bitter end doing battle with society and the school board, but I won’t have one of you coming out of here thinking himself a zero†(p.50). Self-concept plays a big role in all our lives and what happened to Cliff Evans. This story was a big eye opener for me, what people think of themselvesShow MoreRelatedSocialization Is The Process By Which Someone Is Becomes Human1033 Words   |  5 PagesSocialization is the process by which someone â€Å"becomes human†. This is a process where people acquire essential behaviors to adequately participate in society. People become â€Å"human†, there are no in-bred or innate instincts to guide development. Sociological concepts in this field include, ferals and isolates, marasmus, Looking Glass Self, Game and Play Stages as well as the dramaturgical approach. These theories have contributed to the foundations of socialization. George Herbert Mead developedRead Moresociology chapter 4 outline966 Words   |  4 Pagesï » ¿Chapter – 4 Section – 1 importance of socialization 1. Socialization and personality a. Socialization – the process of learning to participate in a group a.i. Social life is being learned a.ii. Begins at birth and ends at death a.iii. Most important learning occurs at the beginning of life 2. How do we know socialization is important a. Compare socialized infants with isolated infants b. Experiments have been done with monkeys 3. How do monks react to social behavior? a. Harry HarlowRead MoreEssay Professional Socialization681 Words   |  3 Pages| Professional Socialization | LaTonya Jefferson NUR/391 Henny Breen July 5,2010 | | | | | What is Professional Socialization? Professional Socialization is defined as the process by which individuals acquire the specializedRead MoreThe Process of Socialization Essay1300 Words   |  6 PagesHow does the socialization process simultaneously create both the individual and the institution? Children are born into this world without any form of a sociological culture. They go through a sociological developmental process in, which parents, teachers, and other influences, transform them into socially proficient individuals. What is socialization? Socialization is how people teach others how to interact with their group. As an individual becomes socialized so they also create a socializedRead MoreGender Socialization And Social Control1508 Words   |  7 PagesBy and large, gender socialization is a major contributor to identity and self- concept. Gender therefore becomes a characteristic that defines other’s perceptions and evaluations of us. People come to manage gender along with aspects of other aspects of the self by making sure that we are acting in gender-appropriate way (Goffman, 1959, Libby). In itself, the self is a product of social forces and it emerges through socialization. Being that gender is a major function of one’s identity, stereotypesRead MoreExplain the concept of socialization and how useful is it in understanding human behavior?1354 Words   |  5 PagesExplain the concept of socialization and how useful is it in understanding human behavior? Socialization is the process in which an individual learns the way of life of his/her society, learn the trick of the trade and develops the capacity and the potential to function both as an individual and as a member of the society by internalizing the culture in which the society is based on. Socialization is a life-long process occurring at all stages in life starting from the day the individual is bornRead MoreThe Issue Of Gender Roles883 Words   |  4 Pagesdoing stuff that are not usually expected from girls. Unfortunately, around the end, she adapts to the social norms which results in her losing interest in her hobbies and she also loses a part of herself. This advertisement relates to several concepts we discussed in class. For example, by telling the young girl not to get her dress dirty or that she is pretty, the parents implement and adopt unintentionally the gender roles imposed by society, and this is generally done really early in one’sRead MoreFreud id, ego, superego954 Words   |  4 Pages mentally and physically Freud believed that children must develop a reasonable balance between id and superego. Id is the natural, unsocialized, biological portion of self, including hunger and sexual urges. Superego is composed of internalized social ideas about right and wrong. When describing the effects of socialization: the process through which people learn the rules and practices needed to participate successfully in their culture and society, Peter Berger said, â€Å" Not only do peopleRead MoreSocialization, By Harry L. Gracey s `` Anybody s Son Will Do `` Essay1188 Words   |  5 Pages Socialization is the process by which people learn their culture, including the knowledge, skills, attitudes, values, norms, and actions that are found to be accepted and even expected by those that surround them. As children develop, they identify reference others, such as parents or teachers, and reference groups, such as religion or race, of which we highly value the opinions and use these opinions as a reference to determine behavior. We base our thoughts and actions around what we believeRead More The Conflict Perspective of Deviance and Deviants Essay example1111 Words   |  5 Pages3)  Ã‚  Ã‚  Ã‚  Ã‚  Please define socialization and discuss why this process is so vital to human survival in any given culture.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Socialization is the process of learning to participate in-group life through the acquisition of culture. As humans learn the culture around them, certain patterns of behavior are adopted. This learning process begins at birth and continues into old age. This process so vital to human survival in cultures because, the nature of humans is shaped by socialization. Human beings

Raccoon Hunting Sample Essay Example For Students

Raccoon Hunting Sample Essay One of my greatest escapade would hold to of been when I went coon hunting with some friends. It was a beautiful Saturday eventide when I got the call. I didn’t cognize what to state at first but in the terminal I knew it was traveling to be a good thought. I decided to travel along with them I got my limelight and my. 22 lever action and I was ready to travel. When I got to their house they weren’t even ready to travel. they were playing Madden 13 and didn’t expression like they were traveling anyplace shortly. After an hr of atrocious calls ( must hold been replacement refs ) . a instance of mountain dew. and a box of pizza we were ready to travel. As we headed out of town we saw a monolithic vaulting horse easy 26in broad and at least a 6 by 6. We truly wished it was cervid season because. we would hold shot him. but unhappily it wasn’t. So we continued down this route trusting we’d topographic point a raccoon running in the ditch alongside a mai ze field when all of a sudden a Wisconsinite came out. We swerved and missed him but that Wisconsinite was huffy. He tried to trail our pickup down but we went to fast for him. After the Wisconsinite we decided to travel on a different route someplace out in the center of nowhere where cipher lived and had no farm animal we could ache. We found this old house that was run down. I knew the cat that owned it so I called him and asked him if we could run on his land for some coons and he said certain. but don’t interruption anything. So. we got out of the pickup. adrenaline pumping. ready to travel happen some coons. We smelled the fresh autumn air. heard the sounds of the air current rustling through the trees. and we knew it was traveling to be a good dark. We foremost tried the old barn when we opened the door we stopped and listened for a 2nd. all we heard was the sound of nails rubing on the old boards. We looked left. we looked right ; we looked up. and saw nil. Then one of my friends felt something rage on his cervix. he went up to catch it and it hissed at him. He approximately had to travel back to town and acquire a new brace of bloomerss. because what he grabbed was a coons tail. We were all so startled that alternatively of hiting it we merely watched the coon ascent up through the ceiling into the hay loft. After doing certain that the bottom floor was cleared and didn’t have any coons in it we decided it was clip to travel up and into the hay loft. We were all excited. we drew straws to see who would travel up foremost and certainly enough it was me. My friend behind me had the topographic point visible radiation and was ready to reflect it one time I got up. So. I ran up the stairss gun at the ready and my friend popped the topographic point light up and certain plenty there was at least a twelve raccoons merely sitting at that place looking at us. â€Å"Holy cow I have neer seen so many raccoons before! † â€Å"How m any are at that place? † asked Bob â€Å"At least a dozen† I answeredâ€Å"Stop lolly muzzling and hit them! ! † yelled Jim who was the last one to come up the stepss â€Å"I don’t know which one to hit at first! † I answered â€Å"Doesn’t affair merely shoot at one of them or acquire out of the manner so the remainder of us can come up and assist! † hollered Jim. â€Å"Ok here we go! † I hollered and opened fire on them. .udc59dd2254b79d67d25e208eef6d0a58 , .udc59dd2254b79d67d25e208eef6d0a58 .postImageUrl , .udc59dd2254b79d67d25e208eef6d0a58 .centered-text-area { min-height: 80px; position: relative; } .udc59dd2254b79d67d25e208eef6d0a58 , .udc59dd2254b79d67d25e208eef6d0a58:hover , .udc59dd2254b79d67d25e208eef6d0a58:visited , .udc59dd2254b79d67d25e208eef6d0a58:active { border:0!important; } .udc59dd2254b79d67d25e208eef6d0a58 .clearfix:after { content: ""; display: table; clear: both; } .udc59dd2254b79d67d25e208eef6d0a58 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .udc59dd2254b79d67d25e208eef6d0a58:active , .udc59dd2254b79d67d25e208eef6d0a58:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .udc59dd2254b79d67d25e208eef6d0a58 .centered-text-area { width: 100%; position: relative ; } .udc59dd2254b79d67d25e208eef6d0a58 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .udc59dd2254b79d67d25e208eef6d0a58 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .udc59dd2254b79d67d25e208eef6d0a58 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .udc59dd2254b79d67d25e208eef6d0a58:hover .ctaButton { background-color: #34495E!important; } .udc59dd2254b79d67d25e208eef6d0a58 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .udc59dd2254b79d67d25e208eef6d0a58 .udc59dd2254b79d67d25e208eef6d0a58-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .udc59dd2254b79d67d25e208eef6d0a58:after { content: ""; display: block; clear: both; } READ: Drexel Music Program EssayAfter a five minute shoot out we got all the raccoons and were out of ammunition. so we merely called it a dark. Later that dark I don’t think any of us got a blink of an eye of slumber because of all the epinephrine running through us and the amazing narrative we had to state to our other friends and households.