Arcadian Cash Flow and Terminal Value - 1103 Words

1. Prepare to explain the implications of case Exhibit 1 (Paige Simon’s first task). Based on that exhibit, is terminal value (TV) a material component of firm values? From the exhibit, we can find the PV of five years’ dividends is small part of the market price of the stock. In my opinion, we buy a stock then get dividend periodically, which like buy a bond. The coupon payment is dividend and the face value is terminal value. The bond value is determined by the terminal value mostly. So the stock price is also determined by terminal value. The concept of going concern can explain that Terminal value is often higher than the present value of near term cash flows, which means that a companys long-term cash-flow capacity is more†¦show more content†¦|value/EBIT: if working capital is growing, the CFO | |P/E |value/EBIT is useful for valuing capital-intensive |will be overstated which lead this method inaccurate.| |value/EBIT |businesses with high depreciation. |P/B will inappropriate for high-tech company because | |P/B |P/B: Finance institutions, P/B more fit for value |they have little tangible asset. | | |companies composed chiefly of liquid assets. | | |Discounted Cash Flow |Private equity valuation, leveraged buyout issue, |when FCF is negative | | |generally there are there situations 1. the firm does|When the capital structure is volatile | | |not pay dividends. 2. the firm pays dividends, but | | | |the dividends do not reflect the company’s long-run | | | |profitability. 3. when taking a control perspective | | |Show MoreRelatedCase 42 Essay1556 Words   |  7 Pagesresearch, development only.† Arcadian Microarray Technologies was founded in 2003 by research scientists, some of whom were previously involved in a very successful project called the Human Genome Project. Those scientists helped find links between variations in a person’s genetic code and their predisposition to disease. This was a major breakthrough in the Human DNA research area. Their business consisted of two segments DNA microarrays and Human Therapeutics. Arcadians’ management group believedRead MoreCase Study: Arcadian Microarray Technologies, Inc.1305 Words   |  6 PagesFINANCIAL MANAGEMENT CASE STUDY: ARCADIAN MICROARRAY TECHNOLOGIES, INC. EXECUTIVE SUMMARY As an investment manager from Sierra Capital Partners, Rodney Chu is interested in purchasing a 60% equity interest of Arcadian Microarray Technologies, Inc., a biotechnology firm. The bid is currently at $40 million. The Arcadian’s managers have optimistic projections for their firms’ performance over the next 11 years. However, based on Sierra’s calculations, come up a much more conservativeRead MoreArcadian Micro Essay695 Words   |  3 PagesIn 2005, Arcadian Microarray technologies, Inc. were in talks with Sierra Capital Partners to sell a 60% equity interest for $40 million to fund the growth of the company. Sierra Capital is a private equity investment company with $2 billion under management and a portfolio of 64 venture capital investments and leverage buyouts focusing strictly on the life sciences sector. Arcadian Microarray is a biotechnology firm founded in 2003 and located in Arcadia, California. The business was made up ofRead MoreCASE44 GROUP3 Essay957 Words   |  4 Pages Suggested Questions for Arcadian Microarray Prepare to explain the implications of case Exhibit 1 (Paige Simon’s first task). Based on that exhibit, is terminal value a material component of firm values? Drawing on case Exhibit 4 and your own general knowledge, where would the various estimators be appropriate? Where would they be inappropriate? (Simon’s second task) Regarding the cash flow forecasts in case Exhibit 5, at what point in the future would you set the forecast horizon for the threeRead MoreCASE44 GROUP3 Essay examples938 Words   |  4 Pagesï » ¿Suggested Questions for Arcadian Microarray 1. Prepare to explain the implications of case Exhibit 1 (Paige Simon’s first task). Based on that exhibit, is terminal value a material component of firm values? 2. Drawing on case Exhibit 4 and your own general knowledge, where would the various estimators be appropriate? Where would they be inappropriate? (Simon’s second task) 3. Regarding the cash flow forecasts in case Exhibit 5, at what point in the future would you set the forecast horizon for theRead MoreArcadian Microarray7189 Words   |  29 PagesSee discussions, stats, and author profiles for this publication at: https://www.researchgate.net/publication/228180753 Arcadian Microarray Technologies, Inc. ARTICLE  · OCTOBER 2008 READS 516 2 AUTHORS, INCLUDING: Robert F. Bruner University of Virginia 287 PUBLICATIONS 1,490 CITATIONS SEE PROFILE Available from: Robert F. Bruner Retrieved on: 25 January 2016 Username: TO ACCESS THIS DOCUMENT This is a protected document. The first two pages are available for everyone

Women s Effects On The Civil War - 1499 Words

For a long time, the premise of war was that men would go to war while women stayed home to take care of the children and the towns that were left behind. As a consequence, women are often left out of the main narratives of war. Interestingly, historians looking specifically at women’s effects on the Civil War effort have found that women not only worked indirectly for the war effort in their towns to support the war by making uniforms and ammunition and that some even participated directly in the war by disguising themselves and battling on the front or by acting as spies for both the Union and the South. Women participated in the war effort on both sides in a multitude of ways. Women of all classes found ways to support the war effort. Lower class women often had to work in factories that were making items for the war effort to help support their families after their husbands had gone off to war. While these women were supporting their families, they still chose a job such a s sewing uniforms, or making ammunition which would support the war effort and indirectly their husbands on the battlefield. Women that worked in these factory environments in the South were not safe from Union soldiers. By working at a factory that supported the war effort, women were participating in treason in the Union soldiers’ eyes. On July 6, 1864 Sherman and his men raided a textile mill in Roswell, Georgia and took captive the 800 women who were working there, kept all the cloth they hadShow MoreRelatedMothers Of Invention : Women Of The American Civil War1265 Words   |  6 PagesMothers of Invention: Women of the Slaveholding South in the American Civil War is a work by Drew Gilpin Faust, a renowned American historian and current President of Harvard University. Published in 1996 by the University of North Carolina Press in Chapel Hill, this is one of the several literary works by Faust describing history of the Civil War and of the American South. This nonfictio n book includes 257 pages detailing the struggles and labors of the women on the Southern home front during theRead MoreEllianne Heppler. Mr.David. Research Project. 05/08/2017.1700 Words   |  7 PagesDavid Research Project 05/08/2017 The Civil War and how it happened with A Little Twist! Think of the darkest place that terrifies people to their very core and then multiply that times 100. During the Civil War a lot of bad things happened from April 12, 1861 – May 9, 1865. On April 12, 1861 The Battle of Fort Sumter happened to be one of the least casualties battles. No one was hurt until a shot was accidentally misfired. That is what started the war. But that was the least of their worriesRead MoreThe Women s Rights Movement1547 Words   |  7 PagesAMH2010 Mr. Stehlin 16 November 2015 The Women’s Rights Movement began in 1848 with the first assembly of women and men gathering to discuss the civil, social, and other conditions of women. The Seneca Falls Convention was the start of the women’s movement. The two women who organized this event were Lucretia Mott and Elizabeth Cady Stanton, both who were abolitionists and believed women deserved the rights men were given. This convention began on July 19, 1848 and lasted through July 20, 1848Read MoreLittle Women And The Civil War903 Words   |  4 PagesLittle Women and the Civil War. The Civil War served as much more than the fight for civil economies and a struggle to end slavery. What lied in the foreground of the civil war are images of unions and confederate soldiers rummaging through forest of the American South and thoughts of slaves gaining their long sought freedom. However most people do not consider the lingering backdrop of the war. That would be the effects the war would have on the changing gender roles. The new gender roles formedRead MoreFamily Life During Civil War1608 Words   |  7 PagesFamily Life During Civil War As a pivotal point in our nation’s history, the civil war holds a special fascination in the land and minds of the American people. It was a war entirely fought by Americans, often dividing families and even brothers against brothers. The American civil war was unforgettable. It was fought between the United States of America and the Southern slave states of the nearly formed confederate state of America under Jefferson Davis. The Civil War made really a tragic longRead MoreEssay on The Civil War: A Women’s Time to Shine1334 Words   |  6 PagesThe Civil War was a defining point for the United States. The people of America were forced to step back and reevaluate what defined the American Citizen: a person with the rights and privilege to cast a vote for what or who he believes in. The key word here is â€Å"he†. The Civil War brought freedom and rights to African Americans, yet it had no directly positive effect on women’s rights. While African Americans were seeing their lives and futures change, to many observers the women’s rights movementRead MoreThe Status Of Women During The Great War1675 Words   |  7 PagesThe status of women during the years 1914 and 1925 did not stop to change and wonder if the First World War achieve any permanent change in the status of women in Britaint is very interesting question. Both points of view, meaning which agree with the idea that ye s it did or on the contrary that it did not, already exist. Indeed, if the delegate of the American Women s Trade Union League Congress, Mrs. Raymond Robins declared in 1917 that it was â€Å"the first hour in history for the women of the world†Read MoreThe Home Front Effect in The American Civil War976 Words   |  4 PagesThe Civil War was unlike any other war ever fought in America and had many effects on the home front for both the North and the South. It is stated to be the first ever total war, which is a war against not only the civilians but also the armies. The Civil War is also considered the first modern war fought by the U.S. troops. Lincoln asked volunteers to sign up for only three months. Many people thought the war wouldn’t last long. However, the war continued on for four years. The Union armies hadRead MoreReconciliation Between Trauma And Healing And Reconciliation1501 Words   |  7 PagesMoreover, fostering a civil society is pivotal in rebuildin g a nation. Many scholars have different meanings and interpretations on what civil society actually means. According to Thania Paffenholz and Christoph Spurk, a civil society can be looked as an â€Å"arena of uncoerced collective action around shared interests, purposes and values As a public sphere where citizens and voluntary organizations freely engage, it is distinct from the state, the family and the market, although since civil society is closelyRead MoreThe Civil Rights Movement During The 1960 S1224 Words   |  5 PagesThroughout US history there has been a lot of political, social and economical changes, and all these changes have had positive and negative effects on the people of the US.   During the 1960’s there were a lot of changes and one of these major changes was know as The Civil Rights Movement.   The civil rights movement was a movement created by African Americans to achieve rights equal to white people and have equal opportunity in housing, emp loyment, education, the right to vote, and to not be segregated

My Personal Perspective of Learning for Educational Philosophy

Question: Discuss about theMy Personal Perspective of Learning for Educational Philosophy. Answer: For so long the process of learning has been a topic of concern and so many researchers been able to come up with theories and concepts to shade more insight on this topic. Some of the common theories are the zone of proximal development theory and the contingent teaching theory (Broza Kolikant, 2015).This essay is a discussion of how I personally learn best, how pupils learn best in your own classroom, the different kinds of learning and the importance of studying the learning process. The learning process should be understood to help teachers come up with the best tools to help children in learning and development. I personally learn best when I am interacting with others. Seeing what my colleagues are doing stimulates my creative thinking and I find myself doing even better than them and come up with new ways of tackling a task. On certain practical topics, I learn fast from demonstrations from the teacher. Pupils learn best when the students take responsibility for their own learning and engage actively in interactive learning activities (Hurst, 2017). Learning occurs best if the classroom environment creates a positive atmosphere where every student want to learn and they are not afraid to make mistakes. There are various kinds of learning namely visual, aural, verbal, physical, logical, social and solitary. Visual learning is where images and pictures are preferred for while in aural sound is preferred. Verbal learning involves using words and speech while the physical learning is where the body such as the hand is used for learning. Logical learning involves reasoning and using logic (Eun, 2017). Social learning is where an individual prefers to learn in groups and solitary learning is the opposite, that is one learns alone. Different people have different learning styles and understanding them will help in how a teacher can help individual children. If learning is what we value then it is obviously important to understand the learning process. IT is important to study the process of learning because it gives us an understanding of how best we people learn. Studying the learning process we come across concepts that explain how learning occurs in children and even adults. From the contingent theory, we learn that children have to apply what they previously learnt for learning to take place. The study in the process of learning, from the ZPD concept, we learn that children have a potential of doing some things independently and for other tasks, they require assistance (Danish et al, 2017). It is therefore important to study and understand the learning process. Bibliography Broza, O., Kolikant, Y. B. D. (2015). Contingent teaching to low-achieving students in mathematics: Challenges and potential for scaffolding meaningful learning.ZDM,47(7), 1093-1105. Danish, J., Saleh, A., Andrade, A., Bryan, B. (2017). Observing complex systems thinking in the zone of proximal development. Instructional Science, 45(1), 5-24. Eun, B. (2017). The zone of proximal development as an overarching concept: A framework for synthesizing Vygotskys theories. Educational Philosophy and Theory, 1-13. Hurst, C. (2017). Provoking contingent moments: Knowledge for powerful teachingat the horizon. Educational Research, 59(1), 107-123.

Rhetorical Analysis Essay Essay Example

Rhetorical Analysis Essay Essay Texting and driving is one of the most debated topics in society. Whether it affects all people or whether or not youre Just good at multi tasking. Yet, all people would come to the agreement that it is one the most dangerous activities to participate in and ends millions of lives yearly. Drivers and Legislators Dismiss Cellphone Risks published in New York Times by Matt Richtel and LOL? Texting While Driving Is No Laughing Matter: Proposing a Coordinated Response to Curb this Dangerous Activity by Alexis M. Farris are two articles that present variations of ethos, pathos, and logos nd make identical arguments claiming that texting and driving is not only dangerous but is shaping the way Americans live. Both articles illustrate several accounts on the dangers of texting and driving and how the activity could potentially be stopped proving both articles to be well accounted for. While Matt Richtel and Alexis. M. Farris both reach the conclusion that texting while driving has a negative impact on people, Farris article is far deeper and less biased then Richtels who relies more on personal inference rather than factual evidence. We will write a custom essay sample on Rhetorical Analysis Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Rhetorical Analysis Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Rhetorical Analysis Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Matt Richtel begins his article Drivers and Legislators Dismiss Cellphone risks ith a personal account of a young man getting his first car and within the first couple of months of driving ending anothers life because of texting and driving. Richtel, conveys the dangers of texting and driving through interviews with teenagers and adults. Richtels use of this technique in writing makes his article personal and rather informal and directed to a more general public audience by interviewing people who are guilty of texting and driving making the situation more relatable. People such as Tad Jones who is the floor leader in the Oklahoma house who stated Im on the phone from when I leave the Capitol to when I get home, and thats a two hour drive, a lot of people who travel are used to using the phone (Richtel, 2). Ricthels main focus is the issue with people not understanding or caring about the dangers of texting and driving. Richtel makes decent claims and produces data and surveys that should open the eyes toa general audience such as 81 percent of cellphone users acknowledged that they talk on phones while driving and 98 percent considered themselves safe drivers (Richtel, 3). Richtel uses real life situations and eople to persuade the audience into realizing the severity of texting and driving and utilizes the information he has in way that interests the audience to want to know more about the topic at hand. Alexis M. Farriss article LOL? Texting While Driving is No Laughing Matter: Proposing a Coordinated Response to Curb Dangerous Activity introduces the audience with information about the increasing number of wireless cellphone users a long with increasing number of text messages that are sent every year (Farris, 237). Farris main goal in her article is to make the audience aware of the statistics and esearch that proves texting and driving to be extremely dangerous and to propose a solution that could help end distracted driving. Farris introduces the audience with statistics from the National Highway Traffic Safety Administration revealing the 20 percent of all car crash fatalities in 2009 were someway involved in distracted driving targeted toward a more academic audience such as researchers and scholars. In Farris article she addresses the Government and legislatures stating that Congress should utilize its Commerce Clause and essentially force the States to legislate the area of texting while driving (Farris, 251). She also goes on to lay out and explain the Bills and Laws that have been sent to Congress multiple times that ban using a cell phone while driving yet Farris claims that Congress has not acted (Farris, 254). Farris logic in her claims are supported well and she illustrates many compelling facts that prove the dangers of texting while driving to be accurate. Matt Richtels and Alexis Farris articles discuss the same issue and ultimately have the same end in mind on what to do about texting and driving. However, the information and credibility presented in each article is different. Matt Richtel, a journalist for New York Times presents many facts about texting while driving a long with the multiple interviews with people sharing their personal opinions, experiences and views about the issue and although the interviews and facts he presents are interesting they do not prove to be credible. Richtel fails to provide any sources for any of his research and seems biased in some of his claims in his article and completely lacking ethos. For example, Richtel presented a set of data that illustrated the number of cellphone distractions that caused deaths every year and went on to ay that Americans have largely ignored the research and that there is a large disconnect between perception and reality that is worsening the problem claiming that drivers overestimate their own ability to safely multitask (Richtel, 1). Texting and driving is a difficult topic to be unbiased about but Richtels claims make it seem that he is basing his opinions off of research and not experience. Whereas, Alexis Farris article consists of constant research and data supported by multiple transportation administrations and content pulled from bills stating rules about texting and driving (Farris, 252). Alex Farris obtained her Jurius Doctor degree from the Washington School of Law making her fully equipped to research the legal matters regarding distracted driving. Although Farris does state that Congress should step up and pass a bill ending texting and driving and propose ideas in order for it to subside, she backs up her claims with research and also attempts to see both sides of the issue with banning texting and driving. For example, Alexis stated that maybe the reason this happens is because people are so used to checking their emails and sending text messages all the time. Farris claims Drivers feel that they can support egislation banning texting while driving and yet still text themselves because, when it comes to texting while driving, they minimize the dangers of their own actions (Farris, 246). Farris attempts to see the reasoning behind why people continue to text and drive without blindly making a statement and once her evidence is Justified, she states her claim again tying herself back into her main points while using the right amount of ethos throughout the article. Matt Richtels use of pathos throughout Drivers and Legislators Dismiss Cellphone Risks is what makes the audience keep reading. By using personal interviews about individuals experiences the article seems much more applicable to the audience. Richtel interviewed a man who plead guilty to negligent homicide for the death of a woman he hit while he was distracted at the wheel of car. The man he interviewed told Richtel l hope they dont communicated to his audience through their emotions and made his article personal and relatable by using language that the audience could understand and connect with. In Alexis Farris article LOL? Texting while Driving is No Laughing Matter: Proposing a Coordinated Response to Curb Dangerous Activity provided no motional appeal whatsoever. Farris focused on the business side of texting while driving rather than diving into the audiences emotions. Since the audience is mainly targeted towards scholars and researchers the terms used are complex and a lot more technical than Richtels article. For example, Farris refers to the federal government and legislation multiple times throughout her article and discusses laws and policy of transportation in detail (Farris, 254). Although Alexis Farris pathos was not as present in her writings she targets the audience she intended to and does not et caught up in the emotions of the topic and base her article solely on emotional experience. Matt Richtels and Alexis Farris articles both illustrated key points in the controversial issue of texting while driving. While Drivers and Legislators Dismiss Cellphone Risks had a strong sense of pathos through emotional connection it lacked research and evidence to back up Richtels arguments and claims, causing the article to seem one-dimensional. LOL? Texting while Driving is No Laughing Matter: Proposing a Coordinated Response exemplified ethos and logos and while it did not resent the strongest pathos, Farris was confident in her claims and arguments about texting while driving enabling the article to stand on its own. Works Cited Farris, Alexis M. I. LOL? Texting While Driving Is No Laughing Matter: Proposing A Coordinated Response To Curb This Dangerous Activity. Washington University Journal Of Law Policy 36. (2011): 233-259. Index to Legal Periodicals Books Full Text (H. W. Wilson). Web. 14 Nov. 2013. Richtel, Matt. Drivers and Legislators Dismiss Cellphone Risks. Www. nytimes. com. New York Times, 19 June 2009. Web. 4 Nov. 2013.