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Income Inequality and Its Affects on Healthcare Essay

Mastrianna (2010) discusses pay imbalance as varieties in income among people and families. He expresses that some salary uniqueness is attr...

Friday, December 20, 2019

The Damsel Of Distress And The Knight s Shining Armor ...

The Damsel in Distress and the Knight in Shining Armor: Gender Roles in Disney Movies â€Å"How about a girls who’s got a brain, who always speaks her mind?† (Bancroft and Cook 00:43:30-00:43:40). This was Mulan’s (Mulan (1998)) response to her fellow soldiers’ desires for women who are beautiful, will cook for them, and will worship them. The men brush off Mulan’s suggestion without thinking, but what do objectifying comments like this being included in a children’s movie say about society? Movies play an important role in shaping the beliefs of children, because they are susceptible to the ideas to which they are exposed as they mature. It is the responsibility of movie producers, like the Walt Disney Company, to create characters and†¦show more content†¦It is alright to want to want to find a â€Å"prince,† but it should not overtake a young girl’s desire for her own successful future. On the other side of the s pectrum, young boys watching these tropes are affected as well. When the prince swoops in to save the princess, he is also â€Å"[claiming] the spotlight† that is not his (Leek 5). There are many instances, such as Cinderella, Snow White, and Sleeping Beauty in which the movie is titled after female characters, â€Å"yet it is men who are thrust into the role of heroes† (5). Even the movie â€Å"Beauty and the Beast [1991] devolves into a battle between two male characters while Belle helplessly awaits the outcome† (5). Young boys seeing all of these heroic princes may lead to them believing they are entitled to the spotlight over girls. This promotes inequality between men and women in society. The imbalance of the two extremes may be attributed to the other personality traits female and male characters are given. The characteristics given the the females and males of Disney movies reinforce gender roles for how each gender should behave. Many of the Di sney heroines share the common traits of being docile, obedient, weak, nurturing, and domestic. For example, Snow White â€Å"finds a shelter in a dusty and dishevelled cottage and immediately feels compelled to clean it from top to bottom (since theShow MoreRelatedSummary Of The Twelfth Century By Marie De France s Lanval1524 Words   |  7 Pagesthe day when things are going horrible for the female. The knight in shining armor, for example, always saves the lady. This is shown in fairytales like Cinderella, written in the 17th century and Rapunzel, written in the 19th century. No matter what the problem is, the man has to save the day or else he is not a man. In Marie de France’s Lanval, written in the twelfth century, the witty lai satirically challenges the stereotypical roles of women. Evidently, every story does not contend male dominanceRead MoreFairytales : The Way Of The Society And Mainstream Pop Culture1457 Words   |  6 Pagesfemales in them are not accurat e. Women are often seen as damsels-in-distress who wait for a brave knight in shining armor to come rescue them and live happily ever after. Men are often described as handsome heroes ready to save the day. How is this proper representation on what women and men roles are? In the majority of fairytales the way gender roles are displayed it fosters up an image that women are inferior to men. Traditional gender role stereotypes in fairytales negatively impact young childrenRead MoreGoblin Market and Bloody Chamber1213 Words   |  4 Pagesas pornographic objects whose solitary purpose is to be a man’s appealing possession. Evidently, the objectification of women impacted the way each author constructed their texts. Feminist movements aiming to undermine these rigid female and male roles are prominent in the time period of both literary works. Both Christina Rossetti and Angela Carter use strange worlds to differentiate from the typical fairy tale’s predictable conclusio n and instead make a statement through the use of a female heroineRead MoreChivalry Is Not Dead : Chivalry1781 Words   |  8 Pagesthat chivalry is changed for the better. The problem people have with modern day chivalry is its correlation with their definition of â€Å"chivalry†... which is...according to Webster’s dictionary, â€Å"Gallantry, courtesy and honor. The noble qualities a knight was supposed to have, such as courage and a readiness to help the weak. † This is a precise definition for sure, however; it leaves some unanswered questions. â€Å"How can I demonstrate chivalry today? Why should I be chivalrous?† â€Å"Who are â€Å"the weak?†

Thursday, December 12, 2019

Career Preference free essay sample

Even though there are some companies affected by these crises which they are force to decrease their employees called as â€Å"recession†, some of them have job openings that offer new career opportunities to graduated college students. These job openings also offers a new challenge into their life – a great responsibility lies to his hand that someday will help his family strive to achieve wealthiest, use his acquired knowledge and skills when he engage into a job, and acted as one of the reinforcements in industry that would further improved the depleting economy of the country. All of these, comes first from wishes and aspirations that arises during childhood years that someday he or she will become a doctor, an architect, a teacher, a police, or an attorney to help those seek needs and help their family to ascend into poverty. According to Ginzberg and his associates1 , during the fantasy period play gradually becomes work-oriented and reflects initial preferences for certain kind of activities. We will write a custom essay sample on Career Preference or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This stage is the preparation for a child’s highly organized social life they will be required to adjust when they enter the first grade. Career preferences are free opportunity to select a desired career. It is also a decision-making in a confusing situation which occurs during the senior year of high school level. When one is confused in choosing a career, he relies on his friends and relatives. He was confused in a sense that he cannot make his own decision and not yet ready to get into college. According to Tiedeman2 , career development unfolds within the general process of cognitive development as one resolves ego-relevant crises. He further noted out that decision-making ais a continuous process in which individuals will change their courses of career action, generally by leaving a setting or environment. Such as when a student is disoriented in his course he have been taken that will result in decreasing eagerness on that particular field. He decides to transfer in another school or to shift another course that really fits his own interest and. When one is unstable n making decision, these disoriented strategy may be repeated until achieve different bachelor’s degree which can be a major distraction of one’s future job. Super3 also considered indecisiveness as a period of developmental process when interest was not fully crystallized. Therefore, this study intends to determine the factors affecting career preferences among senior high school students of Eulogio â€Å"Amang† Rodriguez Vocational High School of academic year 2009 to 2010. This factors that serve as preferences of student in choosing a career in college includes childhood aspirations, family/ relatives, peer/ friends, interest and specialization, values, in-demand jobs, school guidance counselor; and anticipated problems encountered are presumed to affect the student preferences of their career. Statement of the ProblemThe study aimed to determine the factors affecting career preferences of senior high school students of Eulogio â€Å"Amang† Rodriguez Vocational High School of the academic year 2009-2010. Specifically, it sought to answer the following sub problems:lt;br /gt;What are the socio-demographic characteristics of the senior high school students in terms of:Sexd. Parents OccupationAgee. Size of IncomeParents Educational Attainmentf. Sibling PositionWhat are the top three expressed career choices of the students? What are the preferences of students in choosing a career in college in terms of:Childhood Aspirationsd. ValuesFamily/ Relativese. In-Demand JobsPeer/ Friendsf. School Guidance CounselorWhat are the anticipated problems encountered in making their career choice? Hypothesis of the StudyThe following hypotheses are formulated for acceptance or rejection of study:The socio-demographic characteristics (such as sex, age, parents’ educational attainment, parents’ occupation, size of income, and sibling position) does not affect the career preferences of the senior high school students. The preference of student in terms of childhood aspirations, family/ relatives, values, in-demand jobs, and school guidance counselor does not affect their career choice. The anticipated problem encountered by students does not affect their career choice. Theoretical / Conceptual Framework1. 4. 1. Theoretical FrameworkThe study is anchored on the theory of Donald Super4 which focuses on the development of life roles over the life span with emphasis on interrole congruence. His vocational concept as a part of self-concept is formed, it is the driving force that establishes a career pattern one will follow through life. Vocational developmental tasks are derived from vocational stages which provides framework for vocational behavior and attitudes.

Wednesday, December 4, 2019

Legal Process for Australian Federal Police - myassignmenthelp

Question: Discuss about theLegal Process for Australian Federal Police. Answer: Dietrich v The Queen 17 CLR 292 Fact of the Case It is important case of High Court of it Australia where it concerns with the nature of the right to a fair trial and provided with Legal Aid by the state for the indigent defendant who is not able to afford the legal representation[1]. The fact of the case is the accused who is known as a criminal named Dietrich has came to Melbourne from Bangkok Thailand he also carrot 70 grams of heroin which was cancelled with condoms and swallowed it[2]. After arriving in mailbox along with those things the Australian Federal police have arrested him from his flat where they found one of the condoms and some heroine in a plastic bag. Immediately he was taken into the custody and remain of the condoms has been passed on that night at the hospital in vintage prison[3]. However the accused also alleged to the police that they have planted the drugs[4]. The accused was tried in the county Court of Victoria where the court has alleged crimes for the trafficking offence under the Customs Act 1901[5]. At the moment of trial process he has no legal represent. Therefore he had applied for assistance under the Legal Aid commission of Victoria[6]. However the assistance has ask him that if he pleaded for guilty then they will help him but he refused to have the guilty and again apply to the Supreme Court of Victoria but again he was refused. However he was again charged with position of a quantity of heroin and convicted of the principal church in the county Court[7]. Dietrich applied for an appeal in the Supreme Court where the court has denied accepting his appeal and then he was applied for the leave to appeal on the high court of Australia[8]. Legal Issues In this case the accused work represented by David Grace, in the High Court where he has argued about the trial which was miscarriage of Justice due to not having any legal representation[9]. He also added that the accused is charged with 4 offences which were given the seriousness of the crime. Therefore until he being able to obtain any Council for himself a court must adjourned the trial[10]. Dietrich has been added with section 397 of the Victorian crimes Act 1958 where it defined that the accused person must admitted after the close of the case of the prosecution to make public expense and defense should be processed by the legal practitioner[11]. Dietrich was also again stated with international law which is described under the United Nations International Convenient on Civil and Political Rights where the Article 14(3) has stated that accused must be served with legal assistance as per the interest of the justice and in the third source he also suggested about some similar cases of the common law of United States and Canada in United States the 6 amendment to the United States constitution provide the statement that in the criminal prosecution the accused must obtain the right to have the assistance of counsel for the defense purposes but that doesnt establishes the meaning where the Council is bound to provide it by the state[12]. In Canada the Section 10 of the Canadian Charter of Rights and Freedoms stated that where it was written and instruct Council without any delay and to be informed of that right however it is a right to Legal Aid[13]. Dietrich also stated about the miscarriage of justice where he mentioned about the use of discretionary powers and granted an adjournment due to the unavailability of the Council himself which has occurred for the miscarriage of Justice[14]. In that matter the High Court has mentioned that the trial judge may not be able to know about the authority to add legal assistance the trial which make the case was more complicated. The Jury has also not able to find about the charges of the accused[15]. He may guilty of importing the heroine in the condoms but if they did not found any guilty then there will be an uncertainty and it will be possible that the accused may also acquitted of the other charges[16]. However regarding this case majority of High Court and decided that the common law has no right to provide any legal assistance to all the cases but there are some exceptions face the assistant is needed for the sitting of appropriate ensure of a fair trial. Though the judges has not provides any legal assistance for the accused due to not having any power to opponent council. However it has been added that for the special cases where the accused is not went to obtain general resistance then it will provide the assistance on the above the accused Dietrich who has mentioned about the right to obtain the legal assistance but in some cases the consequences in the constitution say that the Dietrich's other argument was that the trial judge should have used discretionary powers and granted an adjournment until Dietrich was able to provide counsel himself, and that the failure to do so caused a miscarriage of justice and the judicial power should be processed with judicial application and as per the best interest it must be observed[17]. However due to the majority decisions finally the court has granted the appeal for the fair trial where the conviction must be washed and start a new trial[18]. Judgment After the conversation after the conviction the accused husband charged with the illegal conducts where he was released after sometime then he changed his name by deed poll to Hugo Rich and again he was charged with three armed robberies and jailed for 13 years. Later he was released and once again he arrested for firearm charges and murder of security guard Erwin Kastenberger at the time of arms robbery in Victoria. Now he has in jail for lifetime imprisonment of 30 years[19]. Issue According to the case study the issue has identified whether Kate and Karim has liable for any nuisance? Whether the issued infringement notice is applicable for them for having smoking and other nuisance? Rules According to the case study, the Apartment and Unit Obligation Act 2017 defines the statues for the tenants and residential purposes where the owner or the tenants are bound to follow the rules[20]. This act defines the objects for the prohibition of the offensive and other dangerous conducts which affected the apartment and the unit resident[21]. As per the Part 2 of the Apartment and Unit Obligation Act 2017 stated the facts in the sec-3 about the offenses when any nuisance has caused due to the failure of the obligations by the tenants or the unit residents[22]. If any resident of the apartments has create any nuisance which cause any undue noise or offensive odours or annoyance which affect other apartment residents between 10 pm or Before 6 am then it will be grated as offence to cause a nuisance[23]. The Sec- 4 of the Apartment and Unit Obligation Act 2017 defines the offences to conducts the business activities. It also describe that the apartment residents are must not involve any conducts of business activities from the apartment in any time[24]. Therefore if someone has found to involve with any conducts of offences then that resident will be punished with penalties. Therefore according to the case study, Mrs. Granvile who is the residents of the same apartment where Kate runs her business and when she feel disturbs due to the smoking and loud discussion it maker the nuisance. Therefore according to the Apartment and Unit Obligation Act 2017 it is an offence of under the Sec- 3 of where they are charged with offences to cause a nuisance. It this matter it also included that as Kate is running the business on that apartment therefore according to the Apartment and Unit Obligation Act 2017 she also breach the terms of Apartment and Unit Obligation Act 2017 and under the Sec- 4 of this act she has made the offences of conduct business activities[25]. Now the liabilities will lies for both of Kate and Karam[26]. Now the police has also issued infringement notice to them under the Sec 3 and 4 of Apartment and Unit Obligation Act 2017[27]. Application According to the case study, Kate runs her business where she teaches to newly arrived migrants from 8-9 pm in every morning and on that day of the situation she was teaching one of her student Karam until 10.30pm. Now as they are smoking and discussing in loud voice their neighbor from unit 2 Mrs. Granville has been disturbed and due to the nuisance she has informed to the police ad they are charged with the offences of sec-3 and 4 of the Apartment and Unit Obligation Act 2017[28]. According to the Residential Tenancies Act the tenant are have several duties and obligation in Australia[29]. As per the application of the act the tenants are obliged under several duties where they can enjoy the possession of the property after the landlord has handover the property under some circumstances. They have the ownership or the possession of the property for a particular of time was they are allowed to enjoy the undisturbed possession of the tenant property[30]. However there is a particular limitation of the property where they are entitled to enjoy such possession under some circumstances of the tenant property. Even they can enjoy the property against the landlord according to the terms and condition of the agreement. In the case of Worrall v Commissioner of Housing for the Australian Capital Territory [2002][31] the court has found that the tenants are owned to a particular of rights where the landlord has breach the duties and interfere in the rights of the tenant and which make the breach of the tenant agreement[32]. Though the landlords are not obliged to interfere in the possession of the tenant premises but the tenants are not also obliged to cause any nuisance in the tenant property. If they make any conducts of nuisance in the tenant property then the neighbor of the said premises make the interference with tenants[33]. Even they can complain against the activities of them due to the nuisances[34]. They are allowed to create any nuisance in the tenant premises and along with the guests of the tenants are also comes under such obligation where they are must not engaged with any nuisance which cause disturbances towards the neighbors. In the nuisance they are also obliged not to smoke to high which affect the neighbors or residents who are staying the apartments or the near premises. It also consider as nuisance[35]. However according to the Apartment and Unit Obligation Act 2017 defines the resident who could be the owner, lessee or any person in charge of apartment and the business activities defines the activities where it relates with a running a commercial enterprise and customer related activities. Therefore according to the sec- 3 and 4 of the Apartment and Unit Obligation Act 2017 Kate and Karam has both make the offences where they can be charged with the penalties with $400 and $2400 for the offence to cause a nuisance and offence to conducts business activities[36]. Conclusion Therefore both of them can use the defenses where they can use the power to enjoy of the property as the tenant who is obliged to enjoy their possession according to the agreement of tenancy[37]. Therefore they are not bound to have any obligation to enjoy the property. As they are discussing about the teaching purposes which is included as business activities therefore they can argue on this matter where teaching is important. However according to the Apartment and Unit Obligation Act 2017 they are liable for the offences of nuisance where they can be charged with the penalties[38]. Reference Australia, Western. "smoke in NSW strata schemes, and o Assisting to align NSW strata law with the scientific evidence on the harms of." (2015). Bell, Virginia. "Keeping the criminal law in." Judicial Review: Selected Conference Papers: Journal of the Judicial Commission of New South Wales, The. Vol. 12. No. 4. Judicial Commission of NSW, 2016. Christensen, Sharon A. "Incentivising tenants to stay the termwill clawbacks be enforceable?." Australian Property Law Bulletin 29.10 (2014): 177-179. Flynn, Asher, et al. "Legal aid and access to legal representation: Redefining the right to a fair trial." (2017). Gabe, Jeremy, and Michael Rehm. "Do tenants pay energy efficiency rent premiums?." Journal of Property Investment Finance 32.4 (2014): 333-351. Midford, Richard, et al. "Preventing alcohol harm: Early results from a cluster randomised, controlled trial in Victoria, Australia of comprehensive harm minimisation school drug education." International Journal of Drug Policy 25.1 (2014): 142-150. Ranieri, Stephen. "Dietrich v the queen: Affirming the right to legal representation." Bulletin (Law Society of South Australia) 39.7 (2017): 18. Reid, Sacha, et al. "Power, Ethopolitics and Community Relations: Complexities of Living in Multi-owned Properties." Housing, Theory and Society (2017): 1-19. Vols, Michel, and Marvin Kiehl. "Balancing tenants rights while addressing neighbour nuisance in Switzerland, Germany and the Netherlands." European Property Law Journal 4.2 (2015): 85-114. Ward, Margaret, and Jill Franz. "The provision of visitable housing in Australia: Down to the detail." Social Inclusion 3.2 (2015). Wood, Helen. "Cultural diversity: Reflections on the role of the judge in ensuring a fair trial." Judicial Officers Bulletin 28.4 (2016): 35. Worrall v Commissioner of Housing for the Australian Capital Territory [2002] FCAFC 127

Thursday, November 28, 2019

Finc2011 Major Assignment Essay Essay Example

Finc2011 Major Assignment Essay Paper Executive sum-upFrank winfield woolworths Limited ( WOW ) . which is one of the listed companies in Australian Security Exchange ( ASX ) ( ASX 200 ) . is the largest supermarket in Australia ( Kruger 2013 ) . it specializes in the food markets. nutrient and retailing ( WOOLWORTHS LIMITED ( WOW ) 2013 ) . The purpose of this study is to gauge and find the dividend growing rate. stock return and current portion monetary value of Woolworths. Methods used for the appraisal include dividend growing theoretical account. Capital Asset Pricing Model ( CAPM ) and Gordon’s Growth Model. The consequences of the appraisal indicate that the dividend payments will continuous increasing in the hereafter. the return on the company’s assets is sensible and its portion monetary value is expected to lift. We will write a custom essay sample on Finc2011 Major Assignment Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Finc2011 Major Assignment Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Finc2011 Major Assignment Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer In add-on. recommendations associated with the investing determination will be provided to the public investors sing to the hazards in the market by comparing with companies within the same industry. However. there are still a figure of restrictions of the study such as a few premises are made for computations and restrictions due to the difference of hazard free rate. Calculation of Growth Rate:The attack used to gauge the growing rate ( g ) for dividend payments of Woolworths is: g = Ploughback Ratio x Return on Equity ( ROE )Ploughback Ratio = 1 – Payout Ratio In which. payout ratio refers to the ratio of dividends to net incomes per portion ( EPS ) ( Brealey. Myers and Allen 2011 ) . Souce: hypertext transfer protocol: //www. woolworthslimited. com. au/annualreport/2012/pdf/WW_AR12_Full. pdf Based on the figures above. the growing rate ( g ) for the 2012 should be: g = ( 1 – 0. 8528 ) x 0. 2722 = 4. 01 % In order to calculate out a more accurate growing rate. the norm should be taken from 2008 to 2012. As it is shown in the tabular array. the mean g = 7. 68 % . Harmonizing to Woolworth’s one-year study ( 2012 ) . the payout ratio is rather stable. despite there is a sudden addition in 2012 ; hence. we could presume that the dividend payout ratio is changeless. Meanwhile. although Woolworths’ Return on Equity ( ROE ) shows a little lessening from 2008 to 2012. it is still reasonably steady – stopping point to 28 % . Since both of two premises – changeless dividend payout and return on equity – are satisfied ( Mellare 2013 ) . g = Ploughback x ROE is suppose to be an appropriate method to gauge the dividend growing rate for Woolworths. Calculation of needed return utilizing CAPMCapital Asset Pricing Model ( CAPM ) is a method used to mensurate the hazard and return of an plus. which describes that each expected hazard premium of an plus should lift in proportion to its beta ( Brealey. Myers and Allen 2011 ) : In which. Rhode Island refers to the return on plus. releasing factor refers to the hazard free rate of return. beta is the covariance and ( rm-rf ) is the market hazard premium ( Brealey. Myers and Allen 2011 ) . To get down with. hazard free rate ( releasing factor ) should be determined. Generally. 10 old ages authorities bonds rate is considered to be risk free rate as it is normally believed that a authorities would be improbable to default on its duties ( McNickle 2011 ) . However. it does non intend that authorities bonds face no hazards. it still encounter rising prices and involvement rate hazard ( Brealey. Myers and Allen 2011 ) . Beginning: hypertext transfer protocol: //www. rba. gov. asu/statistics/tables/xls/f02d. xls? accessed=2013-05-22-21-18-20 Harmonizing to the Capital Market Yields – 10 old ages Government Bonds provided by Reserve Bank of Australia ( 2013 ) . the 10-year authorities bond rates in 21th May 2013 is 3. 26 % . which should be used as the hazard free rate ( releasing factor ) for the computation of CAPM. Beginning:hypertext transfer protocol: //www. ato. gov. au/super/content. aspx? menuid=0 A ; doc=/content/60489. htm A ; page=36 A ; H36 However. those may reason that based on the historical information from Australian Taxation Office ( 2013 ) – the tabular array above. the norm of hazard free rate from 2003 to 2012 is calculated to be 5. 34 % . which should be the hazard free rate for the computation alternatively of 3. 26 % . Nevertheless. since the hazard free rate is ever altering. in order to gauge the return for plus more accurately. the current hazard free rate 3. 26 % is supposed to be taken for the appraisal. In this phase. the hazardous needed return ( rm ) . the same as market return. should be calculated. Stock market index is an attack to measure the value of stock market and S A ; P/ASX 200 is the most important stock market index which tracks the public presentation of two hundred large Australian corporations ( Australia Stock Market ( S A ; P/ASX 200 ) 2013 ) . Currently. S A ; P/ASX 200 is a primary portion market index in Australia which replaced the All Ordinaries in April 2000 and has become the benchmark for investing for the Australian Securities Exchange ( ASX ) ( ASX 200 2013 ) . Therefore. S A ; P/ASX 200 is the best index of the market return and used to find the market return. Beginning: hypertext transfer protocol: //blackboard. econ. usyd. edu. au/bbcswebdav/pid-636137-dt-content-rid-201558_2/courses/FINC2011_SEM1_2013/All % 20Ords % 20Accumulation % 20Indices. forty Based on the information from S A ; P/ASX 200 Accumulation index ( day-to-day ) . which is provided by Mellare ( 2013 ) . the annual index could be calculated by averaging all of the day-to-day indexes for that twelvemonth. Annual market return ( rm ) can be determined by: In which. old market index refers to the index for twelvemonth T and new index is the index for twelvemonth ( t+1 ) . A tabular array for the computation of market return will be created in a similar manner with the S A ; P/ ASX200 tabular array ( see Appendix – 1 ) for the periods of 10old ages in order to follow with ASX. Due to the monetary values in 2013 is non completed. the market return for fiscal twelvemonth ( FY ) 2012 can non be estimated faithfully. Importantly. averaging rm for 10 old ages from FY 2002 to FY 2011 is important for the intent of finding a more accurate figure. As a consequence. rm = 8. 31 % . Because rm is the amount of the hazard free involvement rate ( releasing factor ) and a premium for hazard ( Brealey. Myers and Allen 2011 ) . the hazard premium. as a portion of CAPM equation. can be calculated through: rm = releasing factor + hazard premium hazard premium = rm – releasing factor Based on the old analysis. rf = 3. 26 % and rm = 8. 31 % . hazard premium = 8. 31 % – 3. 26 % = 5. 09 % . Harmonizing to the study from last twelvemonth. the market hazard premium is estimated to be 6. 0 % in October ( Michael. Blake and Zolotic 2012 ) . the estimated value of 5. 09 % is sensible. Harmonizing to the fiscal information from Reuters ( 2013 ) . Woolworths’ beta ( ? ) = 0. 34. Therefore. by using CAPM: Calculation of Following Dividend PaymentThe following dividend payment should be determined by utilizing: In which. d0 is the current dividend payment. d1 is the dividend for the following fiscal twelvemonth and g is the growing rate. Souce: hypertext transfer protocol: //datanalysis. morningstar. com. gold. ezproxy1. library. usyd. edu. au/af/company/dividendhistory? ASXCode=WOW A ; xtm-licensee=dat The tabular array above shows the dividend history of Woolworths ( Morningstar 2013 ) . Since. the entire dividend payment in 2012 is $ 67+59 = $ 126 cents/ $ 1. 26 per portion. which should be d0. and the growing rate is estimated to be 7. 68 % in the old computations. d1 = 1. 26* ( 1+7. 68 % ) = $ 1. 36. which is the entire dividend payment for 2013. As the interim dividend for 2013 has already paid on 26/04/2013. the concluding dividend for 2013 which is the following dividend payment should be: $ 1. 36–0. 62= $ 0. 74 per portion. Determination of Expected Current Share PriceThe changeless divident growing theoretical account. which is Gordon’s Growth Model. is used for gauging the current portion monetary value: In which. P0 refers to the current portion monetary value. d1 is the divident payment for the following twelvemonth. rhenium is the needed rate of return and g is the growing rate. In order to cipher the current monetary value P0. foremost. d1 demand be calculated which should be the dividend for the following twelvemonth – 2014. Hence. d1 = 1. 36* ( 1+7. 68 % ) = $ 1. 46As required rate of return ( rhenium ) consists of both capital additions and dividend outputs ( Mellare 2013 ) and capital additions is the same as g ( Mathis 2001 ) . rhenium = capital additions ( g ) + dividend outputs. Souce: hypertext transfer protocol: //www. woolworthslimited. com. au/annualreport/2012/pdf/WW_AR12_Full. pdf Harmonizing to the historical information from annural study of Woolworth ( 2012 ) . taking the norm of all of the dividend outputs for the last five old ages – from 2008 to 2012. the dividend output = 3. 8808 % . Therefore. rhenium = 7. 68 % + 3. 88 % = 11. 56 % Last. the expected current portion monetary value in 2013 is:P0 = 1. 46/ ( 11. 56 % -7. 68 % ) = $ 37. 63 Recommodation and DiscussionInvesting determinations are rely on the return and hazard associated with a security. Harmonizing to CAPM. actural returns are measured by beta. which is defined as a security’s sencitivity relation to the alterations in the value of the market portfolio ( Brealey. Myers and Allen 2011 ) . over the long tally. Beta of Woolworths Limited is 0. 34 ( Reuters 2013 ) . which is a good mark as it indicates that the company is insensitive to the market hazard. Comparing it with other companies. Wesfarmers Limited ( WES ) . the Perth-based pudding stone which selling nutrient to clients ( Greenblat 2013 ) . has same state of affairs with Woolworths in footings of turning tendency of dividend payment and sharing market hazard as they operates within the same industry – nutrient industriy. Beta of Wesfarmers is 0. 96 ( Reuters 2013 ) . which means that Wesfarmers is more hazardous than Woolworths as it is every bit hazardous as the market porfolio ( Brealey. Myers and Allen 2011 ) . As good. beta of Goodman Fielder ( GFF ) . another nutrient company. is 0. 98 ( Reuters 2013 ) . which means it portions about the same hazard with the market porfolio ( Mellare 2013 ) – realtively in the same state of affairs with Wesfarmers. Therefore. when refering with the hazards. it is recommended to put in Woolworths. However. under CAPM. high-beta securities will ensue in high return: Rhode Island = releasing factor + ?* ( rm – releasing factor )As all of these three companies are in the same market. they portion the same market hazard but the proportion is different based on their beta. Although. securities of Wesfarmers and Goodman Fielder are more hazardous than Frank winfield woolworths due to higher beta. they provide higher return to investors. Since investing determinations are depend on personal involvements ( Mellare 2013 ) . it can non be denied that there are a few investors prefer higher returns with higher hazards. Furthermore. the higher returns compensate investors for higher hazard. hence. it is improbable to find whether invest in Woolworths is a better option. However. puting in Woolworth is still recommended. Investing in low-risk securities provides changeless and stable returns. Investing in Woolworths is worthwhile non merely because Woolworths provides rather changeless returns. but besides its possible to growing due to its strong profitableness and hard currency flows ( WOW – Woolworths Limited 2012 ) . Overall. it is recommended to put in Woolworths. It is of import to detect that there are a figure of restrictions for this study. First. the method used for ciphering dividend growing is based on the premises – changeless dividend payout and return on equity. but in world. both dividend payout and return on equity are improbable to be changeless. Consequently. the computation of g may non be accurate. As good. since the 10-year authorities bond rate. which is considered as hazard free

Sunday, November 24, 2019

Free Essays on The Star

â€Å"The Star†. â€Å"The universe has no purpose and no plan that since a hundred suns explode every year in our galaxy, at this very moment some race is dying in the depths of the space. Whether that race done good or evil during its lifetime will make no difference in the end: there is no divine justice, for there is no God.† I would love to believe that when I die I will live again, that some part of e will continue. Bu as much as I want to believe that, I know of nothing to suggest that it is more than wishful thinking. Of various arguments made for the existence of a supreme being, there’s only one that I think deserves serious attention. It’s called â€Å"The Argument from Design†, and basically runs like this: If you examine a watch, you would be very likely to conclude that somebody made it, because it is such a complex object. It would seem to be very unreasonable to consider that it could have happened by any conceivable kind of chance or event: an intelligent kind of being must have made it. Similarly, if you examine the Universe, and the amazing things in it, such as living things, you find such complexity that it would seem that it must have been made so. Purely random process could not have generated the incredible complexity of a microbe. Let alone human beings, and the Universe. Even if the Universe was designed by a God there is no way to know if this god endorses any particular religion, or it any of the characteristics assigned to it by that or any other religion-such as requiring us to worship and price it. If I created some artificial universe, say a computer simulation- why ever would I want my little forms to worship me? Where as in the concept of religion Heaven for the chosen few, and Hell for the majority of human kind. Why should billons of souls suffer eternal torment who never even heard of that particular god, or for having thought deeply and having concluded, as rationally as they could, ... Free Essays on The Star Free Essays on The Star â€Å"The Star†. â€Å"The universe has no purpose and no plan that since a hundred suns explode every year in our galaxy, at this very moment some race is dying in the depths of the space. Whether that race done good or evil during its lifetime will make no difference in the end: there is no divine justice, for there is no God.† I would love to believe that when I die I will live again, that some part of e will continue. Bu as much as I want to believe that, I know of nothing to suggest that it is more than wishful thinking. Of various arguments made for the existence of a supreme being, there’s only one that I think deserves serious attention. It’s called â€Å"The Argument from Design†, and basically runs like this: If you examine a watch, you would be very likely to conclude that somebody made it, because it is such a complex object. It would seem to be very unreasonable to consider that it could have happened by any conceivable kind of chance or event: an intelligent kind of being must have made it. Similarly, if you examine the Universe, and the amazing things in it, such as living things, you find such complexity that it would seem that it must have been made so. Purely random process could not have generated the incredible complexity of a microbe. Let alone human beings, and the Universe. Even if the Universe was designed by a God there is no way to know if this god endorses any particular religion, or it any of the characteristics assigned to it by that or any other religion-such as requiring us to worship and price it. If I created some artificial universe, say a computer simulation- why ever would I want my little forms to worship me? Where as in the concept of religion Heaven for the chosen few, and Hell for the majority of human kind. Why should billons of souls suffer eternal torment who never even heard of that particular god, or for having thought deeply and having concluded, as rationally as they could, ...

Thursday, November 21, 2019

Juvenile Death Penalty Essay Example | Topics and Well Written Essays - 500 words

Juvenile Death Penalty - Essay Example Rehabilitation of juveniles is the main aim of the juvenile justice system not imprisoning and punishing them as majority of us think. Juvenile courts are closed to the public unlike the normal proceedings that are open to the public. Juvenile court proceedings are sealed hence no one see them and they are later on destroyed when the juvenile reaches between the age of eighteen and twenty one years. In law, the news media are not usually supposed to report the name of the minor involved in a criminal proceedings. Unlike the adults' status, the minors' status has special penalties, restrictions and protection. In many western countries, the rights and status of minors is compared to the state of women and racial minorities before they acquired equal right. United States and Somalia have not ratified the United Nations Convection on the rights of the child like all other members states of the United Nations. The News Hour with Jim Lehrer presented a debate on the decision of the Supreme Court ruling to ban death penalty of murderers of under the age of eighteen years. The debate was held on March 1, 2005 the same day the ruling was made. It was presented by Gwen Ifill as she hosted Jan Crawford Greenburg - The Chicago Tribune.