Smart Phones by Conch Republic Case Study Example | Topics and Well Written Essays - 1000 words

Smart Phones by Conch Republic - Case Study Example Currently the company has its smart phone model in the market which has already earned company a good chunk of revenues. However, with the passage of time, Conch Republic keeps on investing more money in its research and development activities so that its major products continue to exist in the market without getting obsolete. As a result, the company has developed a new model of the existing smart phone which has different new features but the most popular one is that of Wi-Fi tethering. The company has planned to terminate the production of the existing smart phones in next two years, but have made the financial viability of the introduction of new smart phones. The proposed smart phones are estimated to have the useful life of around five years. The company has already incurred around $750,000 and $200,000 on the development of the prototype and the marketing campaign of the new smart phones respectively. However, both of these costs are not included in the investment appraisal co mputation of the new smart phones because they are assumed to be the sunk cost. Sunk costs are those which do not matter whether a certain project is either accepted or rejected, in this way, these two costs would have no impact upon the decision to accept or reject the new smart phone. ... Therefore, in the computation of net cash flows, the impact of loss of contribution in the existing smart phone model due to introduction of new smart phones, are also included and they are considered as a cash outflows. Assumptions All the amounts included in the computation are US Dollars ($). Taxes are assumed to be paid to the authorities in the year in which the tax liability of Conch Republic arises. Impact of inflation is ignored. Discount factor for Conch Republic is estimated to be 12%. Depreciation rates are assumed to 5-years MACRS. Conch Republic is assumed to pay tax at the rate of 35%. Investment Appraisal The project of introduction of new smart phones by Conch Republic has been mainly appraised with the help of traditional investment appraisal techniques which are Discounted Payback Period, Profitability Index, Internal Rate of Return and lastly but the most famous one, Net Present Value. The most important factor which is common in all the above mentioned techniques is the use of discounted cash flows so that the impact of time value of money can managed appropriately (Brigham et al, 2008). The main stream presentation of the computation of the overall investment appraisal of the new smart phones is attached at the end of this discussion along with workings of changes in working capital and loss of contribution of the existing smart phones due to launch of new smart phones. 1. Discounted Payback Period (PBP) Discounted Payback Period mainly depicts the duration in which the initial investment of any project is likely to be recovered (Eckbo, 2008). For the proposed new smart phones, the discounted payback period is found to be 3.94 years which means that in around 3.94 years, there is likelihood that the initial investment of $38.5 million is

Springsteens The Ghost of Tom Joad relationship with Steinbecks Grape

In 1995, Bruce Springsteen produced an album titled â€Å"The Ghost of Tom Joad†. Its title track brings out a lot of ideas from John Steinbeck’s Pulitzer Prize winning novel, The Grapes of Wrath. Migrant workers, as explained in chapter twenty three of The Grapes of Wrath, used music as a main source of entertainment. They would play the harmonica, the guitar, and the fiddle, while the other workers would dance and be jolly, despite how bad the work was that day. The instrumentals of the song are harmonica and acoustic guitar. This helps to bring out both the theme of the song and the ideas from the book. The seventh line of the song is â€Å"Families sleepin' in their cars in the southwest† (The Ghost of Tom Joad 1995). In the book, while the families were driving through the southwest to find better jobs in California, some families were only able to sleep in their cars. Most families could barely afford the cars they were traveling in, let alone a nice place to stay along their journey. The eighth line is, â€Å"No home no job no peace no rest† (The Ghost of Tom Joad 1995). These eight word phrase says a lot. The migrant workers had no home, at least not a stable one. This was because they had no steady job. They were never really at peace with themselves, for they could not forgive themselves for leaving their land in Oklahoma. They had trouble getting rest because they were always so hungry. This one line almost completely sums up the lives of the migrant workers characterized in this novel. The next two lines, â€Å"The highway is alive tonight, But nobody's kiddin' nobody about where it goes† (The Ghost of Tom Joad 1995), are talking about Route 66. This highway is the one that all of the Okies traveled on to get to Califo... ...e." (The Ghost of Tom Joad 1995) This final verse explains what Tom says when he is leaving the family so that they don’t have an extra mouth to feed. When he leaves, after killing a second man, he tells his mom that he plans to carry on Casy’s plans of unionization. He says that he will be everywhere that the migrant farm workers, his people, are starving and being treated unfairly. I believe it is obvious that Steinbeck’s The Grapes of Wrath greatly influenced Bruce Springsteen’s The Ghost of Tom Joad. There is much evidence to prove it. Even the title of the song proves it. There is no way that u can say there is no connection between the two wonderful works of art. Works Consulted Springsteen, Bruce. "The Ghost of Tom Joad." By Bruce Springsteen. Rec. 1995. The Ghost of Tom Joad. Steinbeck, John. New York, New York: Penguin Classics, 1939.

Dimmesdale the Lying Coward

Cooper Chisum Dimmesdale the Lying Coward In the book The Scarlet Letter, a character named Reverend Arthur Dimmesdale was considered to be, by most people in the Puritan community, a hero. Dimmesdale was an extremely religious man with great morals and values. Many people in the community looked up to him for his passion and truth about his religious beliefs. Dimmesdale was a very reserved man, and was thought to be an angel of God. People worshiped him, believed what he said, and looked at him as hero.Unfortunately the community was left completely devastated and confused, because Dimmesdale was a lying coward that didn’t find the strength to admit his sin. Dimmesdale knew how the community saw him and could not face the truth, so he hid it. Dimmesdale lived two different lives, one was the religious face that everyone loved and looked up too. On the other hand, when he was alone all he did was beat himself up mentally and physically.Soon the guilt made Dimmesdale weaker and weaker and he wanted to tell the truth, and tried multiple times, but he never found the courage. He allowed the guilt of lying and manipulating the people to eventually kill him all because he couldn’t deal with what the community might think. Nobody in the town imagined him committing of sin of any kind, especially one that was a huge wrong doing in the Puritan community. Dimmesdale hid a secret behind the mask he wore for the community. He had courage to commit the sin but he did not have the courage to admit it.He committed adultery with a woman, she got pregnant, caught and punished by public humiliation because of him, but he couldn’t accept the consequences. On the other hand, he was tortured not only by his conscience; he was beat down by Roger Chillingworth. Eventually Dimmesdale was destined to die because he could not survive the guilt. Surprisingly in a last show of strength, Dimmesdale admits to his sin, but dies soon after. He died and left the community , his people with no explanation.In the novel The Scarlet Letter by Nathanial Hawthorne, Dimmesdale proves that he is a coward by not being able to do the right thing and tell the truth. He lived a double life. He was a hero to so many people and all he did was let them down. He lost their trust and honor towards him, all because he could face the consequenses. Arthur Dimmesdale is a pathetic lying coward that didn’t have the confidence or power to make things right and follow what he preached to people of the Puritan community. He didn’t have the courage to live by everything he made other people believe in.

Kentucky Vital Records - Marriage, Death Births

Learn how and where to obtain birth, marriage, and death certificates and records in Kentucky, including the dates for which Kentucky vital records are available, where they are located, and links to online Kentucky vital records databases. Kentucky Vital Records: Kentucky Department for Public HealthOffice of Vital Statistics275 East Main Street - IE-AFrankfort, KY 40621Phone: (502) 564-4212Fax: (502) 227-0032 What You Need to Know:Personal check or money order should be made payable to Kentucky State Treasurer. Call or visit the Web site to verify current fees. All requests MUST include the signature and a photocopy of a valid photo ID of the individual requesting the record. Web site: Kentucky Office of Vital Statistics Kentucky Birth Records Dates: From 1911 (statewide); selected counties from 1852 Cost of copy: $10.00 Comments: Access to birth records in Kentucky is not restricted by law.  With your request, include as much as you can of the following: the name on the birth record being requested, date of birth, place of birth (city or county), fathers full name, (last, first, middle), mothers full name, including her maiden name, your relationship to the person whose certificate is being requested, your daytime telephone number with area code, your handwritten signature and complete return mailing address.Application for Kentucky Birth Certificate * The Kentucky Department for Libraries and Archives has birth records for the cities of Louisville, Lexington, Covington and Newport, which enacted records collection ordinances before 1911. KDLA also has selected birth records (statewide coverage) covering the years 1852-1862, 1874-1879 and 1891-1910. Consult their website for a list of available birth records by county. Online:Kentucky Vital Records: 1852–1914 is a collection of free, digitized microfilm images on FamilySearch; includes birth records from the 1908–1910 range for many KY counties Kentucky Birth Records, 1847–1911 includes indexes and images (requires subscription to Ancestry.com) Kentucky Death Records Dates: From 1911 (statewide); selected counties from 1852 Cost of copy: $6.00 Comments: Access to death records in Kentucky is not restricted by law.  With your request, include as much as you can of the following: the name on the death record being requested, date of death, place of death (city or county), your relationship to the person whose certificate is being requested, your purpose for needing the copy, your daytime telephone number with area code, your handwritten signature and complete return mailing address. For deaths occurring from 1900 to 1917, the city and/or county of death is required in order to locate the record.Application for Kentucky Death Certificate * The Kentucky Department for Libraries and Archives has death records for the cities of Louisville, Lexington, Covington and Newport, which enacted records collection ordinances before 1911. KDLA also has selected death records (statewide coverage) covering the years 1852-1862, 1874-1879 and 1891-1910. Consult their Web site for a list of available death records by county. Online:Kentucky Death Index 1911-1992 (free) Kentucky Death Certificates and Records 1852-1965 including digitized Kentucky death certificates from 1911-1953 (requires subscription to Ancestry.com) Kentucky Marriage Records Dates: From June 1958 (statewide), but many go back to early 1800s Cost of Copy: $6.00 Comments:  The Kentucky Office of Vital Statistics does not have records of marriages prior to 1958. Copies of marriage certificates prior to June 1958 may be obtained from the county clerk in the county where the license was issued. Send your request to the Clerk of Court in the county where the marriage license was issued.Application for Kentucky Marriage Certificate Online:Kentucky Marriage Index 1973-1993 (free)    Kentucky Divorce Records Dates: Varies by county Cost of copy: Varies Comments: The Kentucky Office of Vital Statistics does not have records of divorces prior to 1958. Records of divorce proceedings prior to June 1958 are available from the clerk of the circuit court that granted the decree. Online:Kentucky Divorce Index 1973-1993 (free) More US Vital Records - Choose a State