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 Free Cash Flow
Free cash flow
In corporate finance, free cash flow (FCF) is cash flow available for distribution among all the
securities holders of an organization. They include equity holders, debt holders, preferred stock
holders, convertible security holders, and so on.
G. Bennett Stewart the economic model of value holds that share prices are determined by just two
things: the cash to be generated over the lifetime of a business and the risk of the cash receipts .
GSB (1990), The Quest for Value

FCF is the cashflow generated by a company s operations that is free, or net, of the new capital
invested for growth. Imagine all a company s cash receipts are deposited in a cigar box, and that all
of its cash operating outlays are taken ... Show more content on Helpwriting.net ...
The first is the accounting for the consumption of capital goods. The Net Income measure uses
depreciation, while the Free Cash Flow measure uses last period s net capital purchases.
Measurement Type| Component| Advantage| Disadvantage| Free Cash Flow| Prior period net
investment spending| Spending is in current dollars| Capital investments are at the discretion of
management, so spending may be sporadic.| Net Income| Depreciation charge| Charges are
smoothed, related to cumulative prior purchases| Allowing for typical 2% inflation per year,
equipment purchased 10 years ago for $100 would now cost about $122. With 10 year straight line
depreciation the old machine would have an annual depreciation of $10, but the new, identical
machine would have depreciation of $12.2, or 22% more.|
The second difference is that the Free Cash Flow measurement deducts
 Online Learning Vs Traditional Learning
Education means imparting knowledge to a person. The development of technologies provides
for more and more ways to learn. But the traditional education and online learning seem to be
more prominent and beneficial. Students may face these four problems when choosing between
traditional learning and its online counterpart: flexible scheduling, participation, social
interaction, and self motivation. The key component that every student will consider when
weighing the options is time management. Are you willing to attend full time classes or do you
need more flexibility with your timetable? Generally speaking, for those who intend to work
while in school, distance learning will provide the flexibility to fit into their busy schedule.
Especially, this kind of learning works best for some people already have other commitments like
family and work. Online classes and materials are always available for students whenever they
have time to study instead of sticking to the specific time schedule at school. This makes distance
learning method more attentive to students. In contrast, the traditional way of learning is more
suitable for students who are able to attend lectures at school. Students will have to plan their
time after school wisely to do projects, home works and so on. Additionally, a long time travel
can be one of the big obstacles makes scheduling more difficult. When facing the options choosing
between two ways of learning, participation is always be considered. Both of these two methods
assess student participation. Online classes participation is mandatory and will be count by
written type. Usually, online courses follow a weekly learning format. Students are required to
log in, read course materials, contribute to a discussion board and complete assignments before
due dates. However, discussing online will be a chance to hear a wide range of perspective from
every student, which can be undone in traditional classes. Moreover, the voluntarily participate in
lectures makes some people who are shy or unwilling to talk will not have a chance to speak their
minds. The other next big thing when weighing the learning options is social interaction you are
hoping to have with your colleagues and professors. Do
 Acrisius Of Argos
King Acrisius of Argos1 had only one child, a daughter, Danaë. She was beautiful above all the
other women of the land, but this was small comfort to the King for not having a son. He
journeyed to Delphi2 to ask the god if there was any hope that some day he would be the father of
a boy. The priestess told him no, and added what was far worse: that his daughter would have a son
who would kill him.
The only sure way to escape that fate was for the King to have Danaë instantly put to death taking no
chances, but seeing to it himself. This
Acrisius would not do. His fatherly affection was not strong, as events proved, but his fear of the
gods was. They visited with terrible punishment those who shed the blood of kindred. Acrisius did
not dare slay ... Show more content on Helpwriting.net ...
Here he shut her up and guarded her. 3
So Danaë endured, the beautiful,
To change the glad daylight for brass bound walls,
And in that chamber secret as a grave
She lived a prisoner. Yet to her came
Zeus in the golden rain.
As she sat there through the long days and hours with nothing to do, nothing to see except the
clouds moving by overhead, a mysterious thing happened, a shower of gold fell from the sky and
filled her chamber. How it was revealed to her that it was Zeus who had visited her in this shape we
are not told, but she knew that the child she bore was his son.
For a time she kept his birth secret from her father, but it became increasingly difficult to do so in
the narrow limits of that bronze house and finally one day the little boy his name was Perseus was
discovered by his grandfather. Your child! Acrisius cried in great anger. Who is his father?
But when Danaë answered proudly, Zeus, he would not believe her. One thing only he was sure of,
that the boy s life was a terrible danger to his own.
He was afraid to kill him for the same reason that had kept him from killing her, fear of Zeus and
the Furies4 who pursue such murderers. But if he
 Alcohol-Related Driving Accidents
Driving under the influence of alcohol or drugs is associated with both economic and social costs
not only to the offender but to society as a whole. Statistics show that alcohol is a factor is more
than one third of motor vehicles accidents in the US. In 2010, 40,000 individuals died as a result of
alcohol related driving accidentsand of the 1,132 traffic deaths in children nearly 20% were due to
an impaired alcoholic driver. In addition, there were nearly 3.9 million people injured and over 24
million vehicles which were damaged. The key reason for these statistics was drunk driving,
speeding and distracted driving.

In 2015, over 1 million drivers were arrested for driving under the influence of a narcotic or alcohol.
And despite the seriousness of the situation, many drivers continue to get behind the wheel while
under the influence of alcohol.

Economic costs

Aside from pain and suffering, the cost of alcohol related car accidents is in hundreds of billions
of dollars. With such accidents, there is usually damage to the car and property; there is also a risk
of injury to pedestrians and passengers. In addition, there is an enormous waste of valuable
resources when an alcoholic is involved in a car crash. The road has to be cleared, the damage to the
lights has to be repaired, the pavement has to be redone and other structures have to be fixed. There
may be long traffic jams. Ambulances and helicopters have to be rushed to the scene when there are
injuries.

Those who
 International Business Chapter 1-4
Chapter 01 Globalization and International Linkages

1. To qualify as a multinational corporation, a firm must meet all of the following criteria except:
A. Operations in more than one country
B. International sales
C. A nationality mix of managers and owners
D. Sales of at least one million dollars per year
2. Antiglobalization activists:
A. Contend that even within the developing world, it is protectionist policies, not trade and
investment liberalization, that result in environmental and social damage
B. Believe globalization will force higher polluting countries such as China and Russia into an
integrated global community that takes responsible measures to protect the environment
C. Assert that if corporations are free ... Show more content on Helpwriting.net ...
Assumptions about the Japanese workforce have turned out to be more myth than reality and some
of the former strengths have become weaknesses in the new economy
D. Japan s consensus decision making system turns out to be very efficient and effective in the new
speed based economy
10. Identify the statement false of China s economic condition.
A. China s GDP has remained strong, maintaining at least 8 percent growth and surpassing 10
percent in 2006
B. In the first quarter of 2007, China s GDP grew at a blistering 11.1 percent causing some concerns
that the Chinese government has been unable to tap the breaks on this rapid growth
C. Trade relations between China and developed countries and regions, such as the United States and
the EU, are lax
D. Massive savings glut in the corporate sector, the globalization of manufacturing networks are
major challenges faced by China

Chapter 02 The Political, Legal and Technological Environment 1. Aristotle and David Hume
contributed to the principle of:
A. Socialism
B. Collectivism
C. Individualism
D. Communism
2. According to the text, _____ relations are the cornerstone of a united Europe.
A. Franco German
B. British Franco
C. Spanish French
D. German British
3. Governmental power in a democracy is limited by:
A. The accountability of the elected representatives to the general public
B.
 Bracco Italiano Essay
Starting point The Bracco Italiano started in Italy. the breed that go once more to the fourth and
fifth hundreds of years BC. It is accepted to be a cross between a Segugio Italiano (a coursing dog)
and the Asiatic Mastiff. Agreeing some dogmen is Bracco Italiano one of the most established
pointings, which one as of now exist in the eighteenth century. the historical backdrop of this breed
starts in the fifth century before Christ and that Bracco is the aftereffect of the interbreeding
between unique moloos mutts from Mezopotamy and light egyptian dogs. All the more likely is,
that Bracco is a get of the right dogs, which was typicaly with enormous and substantial ear. The
improvement of the Europian indicating begins on the tuin the first 50% of the nineteenth century
was happend without control interbreeding of chasing puppies and the breed was substantial
demaged. Italian breed club needed to begin with killing breed. In the year 1930... Show more
content on Helpwriting.net ...
Holders ought to focus no less than two hours of every day exercise. The Bracco Italiano likewise
adores to swim. The Bracco Italiano is substantial, solid chasing puppy who needs great preparing
and a lot of chance to take after his chasing impulses. Conceivably he needs a lot of space in
common surroundings. The Bracco Italiano obliges every day exercise. If not given enough
effort they can get to be excessively rowdy and potentially damaging. A long walk or run is a
decent approach to practice a Bracco. An alternate path is to permit them to run free in a huge,
securely encased region. They want to swim, and it is great activity for them. In the event that they
don t have entry to a spot to run on their own, 2 hours of activity every day is most likely best. A
decently practiced Bracco is a tractable, cool buddy that rests soundly during the evening and is
 Draft Of Personal Philosophy Statement
7 2 Final Project Milestone Three:
Draft of Personal Philosophy Statement

In the field of higher education, I will welcome with open arms, accept, affirm, and celebrate all
students by creating an environment that is equal and inclusive for all people regardless of their
race, gender, sexual orientation, ethnicity, cultural background, religion, family structure, economic
status, learning ability, linguistic ability, and/or learning style. I will create an environment that
includes positive, challenging experiences that will give each individual a positive educational
experience free of barriers with the knowledge that postsecondary education can enhance a student s
overall well being, increase their chances for personal fulfillment ... Show more content on
Helpwriting.net ...
12, 2002). In their research Gurin, Dey, Hurtado and Gurin found that diversity experiences had
robust effects on education outcomes for all groups of students (pp. 26, 2002). The article further
detailed how their research showed when students have consistent diverse experiences they
meaningfully affect important learning and democracy outcomes of a college education (pp. 34,
2002). When it comes to developing one s personal educational philosophy, empirical data is
important and has the ability to give us information that we can use to assess whether or not our
beliefs and strategies we intend to use will be effective and have the outcomes we are seeking.
The established higher education model that I tend to gravitate toward and support in my higher
education philosophy is the student centered learning theory also sometimes called learner centered
teaching or a student centered model. The theory of student centered learning can be contributed to
Hayward as early as 1905 and in 1956 to John Dewey (O Neill and McMahon, n.d.). The student
centered model is driven by a need for a change in the traditional educational environment and when
incorporated and implemented correctly we will see
 Positive Illusions And Negative Illusions
Positive illusions are unrealistic, biased attitudes that individuals have about themselves and
towards other individuals, normally close friends or family members. Positive illusions is a
perception that represents what is perceived in a way different from the way it is in reality. An
illusion is a false mental image or conception which may be a misinterpretation of a real appearance
or may be something imagined. It may be pleasing, harmless or even useful (Stein, 1982, p 662).
The more positive illusionsthe higher self esteem an individual has. It should be noted that positive
illusions are more common in western countries than other parts of the world. Research has found
that positive illusions promote a better mental health. There... Show more content on Helpwriting.net
...
Illusion of control is the distorted opinion of the individual s personal control over different types
of situations. These individuals believe they have control over the roll of a dice or the flip of a
coin. An example of illusion of control is when a gambler thinks they can control the dice being
rolled or the next card to be flipped over.
Question 2
Approximately 117 Americans die every day to suicide and for every suicide there is 25 other
unsuccessful attempts (Suicide Statistics, 2016). The American Foundation for Suicide Prevention
says that suicide is the 10th leading cause of deaths in the USA and that 42773 American dies every
year. Research shows that suicide happens to any race, gender or age.
The belief is that people who talk about suicided aren t really going to go through with it; this
belief is completely false. Often suicidal people make subtle hints leading up to the event. Some
subtle hints include: I know where my dad s gun is if I ever need it, I have the perfect plan to end
it all, I wonder what that chemical taste like or, I wonder what it feels like to bleed out and leave
forever. Others often discuss their depression and how there isn t anything to live for. Another false
belief is suicide cannot be prevented. If an individual gets help early enough for the depression and
suicidal thought Suicide begins as a chain of events. First, the individual feels worthless and
inadequate.
 The Downfall of Capitalism
As the distinguished economist, John Maynard Keynes notes: Capitalism is the extraordinary belief
that the nastiest of men, for the nastiest of motives, will somehow work for the benefit of all. At the
core of the Robert Taylor homes is a functioning capitalist society. As in all capitalist societies, it is
the role of the government to defend the economic interests of the faction that controls the means of
production by suppressing anyone seen as a threat to its dominance. In the Robert Taylor homes, the
Black Kings were the state that defended the means of production by suppressing any threat to their
business through notion of hustling. Even though as a functioning capitalist society, the Robert
Taylor homes were community plagued by severe destitution. The community suffered from many
illegal activities in addition to the high rates of unemployment and welfare. Furthermore, the housing
project was completely ignored by the municipal government. In this lawless environment, there was
no independent police, and for many there was no steady income. The combination of these two
elements increased the power gang, thus they were the enforcers. The people of the community had
to compete amongst each other for resources. Those of the Robert Taylor community had to make
the best use of what they had, and this is known as survival. What many come to understand, as
hustling and other unethical activities, are known as survival to members of the Black Kings gang
and the tenants
 Dow Chemical Company
I decided to construct my essay on Dow Chemicals (DC) Company after reading an article in
Business Week. Dow Chemical appears to be developing an aggressive market strategy that aligns
with our class topics, and that I have found very interesting. Dow Chemical (DC) company, over the
last seven years has built their strategy around and focused on their niche , which is core chemicals
amp; plastics manufacturing operations, while simultaneously reducing infrastructure debt,
expanding its market share, and apparently building new strategic alliances. According to Dow
Chemical CEO William Stavropoulos, The mission and goals of Dow Chemical companyis to be a
world leader in chemical and plastics manufacturing by developing new customer... Show more
content on Helpwriting.net ...
This was achieved by reducing the workforce by 30 percent and eliminating seven layers of
management. The current management structure contains only five people between the most junior
employee and the Chief Executive Officer. Dow Chemical appears to have embraced a Global
Strategy, which is increasing profitability by reaping the cost reductions that come from experience
curves and location economies and by expanding its market share outside of its home country. This
business savvy type of management approach seeks to penetrate a huge market availability, which as
global markets develop will gradually combine into just one market. In developing their mission
goals and corporate strategy, Dow Chemical has obviously considered both External and Internal
stakeholders and how strategic maneuvers would impact their ultimate goals. Examples of
stakeholder impacts are: External Stakeholders: Customers: Provide the core of revenue, especially
in untapped markets overseas. Suppliers: Provide input w/significant savings through combined
purchasing with Union Carbide Company and 13 other large companies. Governments: Significant
reduced manufacturing restrictions and potential incentives to conduct business in foreign countries.
Unions: Many foreign countries are not unionized, which could be a production cost incentive.
Internal Stakeholders: Stockholders: Maximizing their Return On Investment by expanding
operations and gaining access to difficult markets.
 Summary on Father Damien of Molokai¡¦S Life
Summary on Father Damien of Molokai¡¦s Life

Who was Father Damien?

«Father Damien was formally known as Joseph de Veuster

«He was born on January 3rd 1840
«Damien was born to a farming couple on Tremeloo Belgium.
«He attended college at Brine le Comte.
«He entered the congregation of the sacred Hearts of Jesus.
«He Became a Picpus Brother on October the 7th 1860.
«Damien followed his brothers dream, now his as well and went into a mission aboard
«On the 19th of march 1864, he landed at Honolulu Harbour.
«He was ordained to the priesthood on may 24th 1864 at the cathedral of our lady of peace.
«Damien believed that the Lepers at the very last needed
... Show
a priest.
more content on Helpwriting.net ...
«On may 10,
Summary on Father
1873 Damien
Damienarrived
of Molokai¡¦s
at the secluded
Life

Describe the experiences of Lepers on Molokai

«Nativetraders
foreign Hawaiians
and sailors.
became afflicted by disease inadvertently introduced to the Hawaiian islands by

«Thousands died of influenza, syphilis and other ailments which had never before affected
Hawaiians.

«King Kamehameha
colony on the north side
IV segregated
of the island
theoflepers
Molokai.
of the kingdom and moved them to a settlement

«The
to offer
royal
proper
board
healthcare.
of health provided them with supplies and food but did not yet have the resources

«There were six hundred lepers living at Kalaupapa.

«These people were forced to fight (Hansen¡¦s
each other Disease)
to survive.
was keenly felt, claiming many of his
«At kohala, the
parishioners whoscourge
were sent
of leprosy
to the newly founded leper settlement on Molokai.

«In 1865,
Prevent thea permanent
spread of the
quarantine
disease. area was established when the legislature passed the Act to

«The
at Kalaupapa
first boatbought
load ofmore
patients
hardship
departed
and despair.
form Honolulu Harbor for the settlement in 1868, the arrival

«Abandoned by society and the medical profession, the patients were left without hope in a hostile
environment.

«Conditions
kanawai ma reia
at the
wahi¡¨
seetlement
translated
became
it meant
notoriously
¡§in bad. New arrivals were greeted with ¡§ Aole
 Sam Cooke Song
During the 1960 s protest songs were a big way for musical artists to put forth their opinions and
stances, on controversial events happening in the US, into the American public. Songs by these
artists in the 60 s, were able to connect to many of the feelings of American citizens on
controversial issues that many were afraid to speak out against, through their messages and lyrics.
One song that spoke to several people, on the topic of Civil Rights in America, was A Change Is
Gonna Come by Sam Cooke because of the songs ability to connect greatly with the black
community. It was able to tap into the anger and frustration that many felt because of the racism and
prejudice. It also was able to tap into the many hopeful thoughts that individuals were having in this
time too. This song was able to connect to not only to the... Show more content on Helpwriting.net ...
There was a great connection between Sam Cooke and him becoming a protest singer for Civil
Rights. As a black man himself he was face with many troubles that African Americans faced
during this time. The moment that triggered this song came In the fall of 1963, Cooke faced a
direct affront: He and his band were turned away from a Holiday Inn in Shreveport, La... he became
obstreperous to the point where his wife, Barbara, said, Sam, we d better get out of here. They re
going to kill you. And he says, They re not gonna kill me; I m Sam Cooke. To which his wife said,
No, to them you re just another ... you know. (www.npr.org). Within a few months of this altercation
happening, A Change Is Gonna Come was in the works of being made. This moment shows the
moment where the connection came together for him, that he needs to fight for his rights for himself
and his family, through music. This song and his activism was the result of the discrimination that he
faced during this time and also the discrimination that many other African Americans
 Eye Synthesis Essay
You ve heard it over and over again that it s critical to protect your skin from sun damage by
wearing sunscreen and covering up. But did you know that your eyes can also suffer from damage
caused by the sun? Whether you re beach bound or are heading somewhere cooler to escape the
heat, UV rays can cause damage to your eyes. If you re planning on protecting your skin from
sunburnyou should also follow tips from a trusted eye doctor, like the expert optometrists at Allens
Creek Family Optometry in Rochester, NY, for ways to protect your eyes this summer.

As trusted providers of everything from routine eye examinations to vision therapy to prescriptions
for glasses and contact lenses, the team at Allens Creek Family Optometry works diligently to
diagnose eye problems, offer state of the art treatment, and help ... Show more content on
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In fact, researchers estimate that most exposure to UVR rays occurs before age 18. Because
children s eyes transmit more UVA rays to retinas than an adults , there is an increased concern over
the risk of later eye damage among children exposed to sun.
Cover Up: One of the best ways to protect your eyes from sun damage is to wear quality
sunglasses. Sunglasses should transmit no more than 1% UVB and 1% UVA. Even if you wear
contact lenses you ll want to cover up to protect over drying from warm wind.
Activity Protection: If you re engaging in home projects like mowing the lawn, participating in
sports, or swimming in a lake, pool, or ocean, it s likely you ll need some sort of protection from
your eyes. Goggles and masks can help prevent eye injuries from foreign objects or trauma.
Whether you re in contact with a baseball, grass blades in the air or chemicals in the pool, you ll
want to keep these elements far from your
 Poetry Explication Of Mother To Son
Poetry Explication of Mother to Son by Langston Hughes
Langston Hughes wrote the poem Mother to Son in the form of a monologue. It likely dramatizes
the intergenerational conflict, as mother s passionate words could be an answer to son s position
that contradicted with her own attitude. It is impossible to say where or when characters are
during this monologue; Hughes s background suggest it was an African American family. The
mother feels compelled to speak as she believes her child is at the parting of the ways and
description of her own example would help him to make right decision.
The poem consists of only twenty lines, but author used plenty of poetic devices in it. The line 15
shows examples of the alliteration or repetition of consonant ... Show more content on
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It is hard to believe the narrator physically presented in conditions totally without light sources.
The phrase is also a metaphor or comparison of two essentially dissimilar things with common
characteristics. It means the narrator had very hard times. The whole poem is a metaphor as it
compares the life with the going up the ladder. As the poem does not has words like or as it does
not have direct comparison or simile at the first sight. But it likely appears in the line life for me
ain t been no crystal stair (Hughes l. 2) as the narrator compares life with stares and states they are
not the same. Hughes used words to represent both narrators external and internal conditions
(imagery). Lines about a poor room without a carpet (l. 6 7) created an image of her living
conditions, and comments about splinters, tacks and torn boards highlights the woman s feelings.
Last images are also an example of the onomatopoeia or usage of words that mean like they