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Dell Computer Corporation Share Repurchase Program Questions: 1. Why do companies use stock options to compensate employees? What are the advantages of stock options relative to cash compensation? What, if any, are their disadvantages? 2. What, if any, risks do Dell s shareholders face from Dell s stock option program? Draw terminal payoff diagrams to illustrate the risk. Is this risk something that shareholders of Dell expect to bear when investing in Dell? 3. How does Dell remove, or hedge, the perceived risk of the stock options program for shareholders? Draw terminal payoff diagrams to illustrate. 4. Why does Dell transact in both call and put options? Use put call parity to reformulate the put and call... Show more content on Helpwriting.net ... However, when certain options are exercised, companies receive a tax deduction, which can provide significant income tax savings. There are two arguments that you ll commonly find against the use of stock options: Dilution of ownership and overstatement of operating income. When an employee exercises her stock options, the company has to either issue new shares or go out on the open market and purchase shares. If new shares are issued, then your ownership is diluted. If the company purchases shares on the open market, then the company, which only receives the exercise price from the employee, has to pay market price for the shares it purchases. This results in a net cash outflow for the company. Since the impact of the compensation deduction that a corporation can claim for tax purposes is not included in a company s GAAP income, many take the view that using options enables the company to overstate its income. Risks to Dell shareholders: Dell Share holders bear the risk in the form of cost of potentially issuing the stock at below market values if the employees do convert the options into stock when the options are in the money. However, if the options expires out of the money, the shareholders realize equally better benefits. In this case, the firm obtains labor from employees without having paid for the labor by issuing shares. The employee stock options provides a cushioning from the full burnt
My Greatest Barrier To College
My greatest barrier has yet to come. In a couple of days my daughter will be born. When I first found out I was going out I was going to be a teenage father, back in early January, I did not make much of it. I thought I was going to be terrified, but I wasn t. Instead of being scared, I was upset for letting my parents because they divorced their parents when they were only teenagers to give me a better life in the United States.
I had many options on how to coup with this. The first thing that came to my mind was that I was going to continue my education regardless of barriers. My plan was to go to college and work at the same time. I was going to be a full time student and a part time worker. I wanted to finish college as soon as possible, ... Show more content on Helpwriting.net ... You see its quite simple, I cannot have both time and money, If I want more time I need to give up more money and If I want more money I need to give up more time. Not only that, but where to spend my time and money on. My time gets divided into four categories, first off my daughter, school, work, and family.
Notice I do not have any of me time. My money gets divided into three categories, and that is again my daughter, school, and savings. Again there is no money for my own pleasure. In the mean time, I am still struggling to get the optimal proportions of time and money. You cannot add more time in a day, time is a fixed constant, however money equals time, and if I get just a little bit more money, I get more
The Game Of Basketball Has Changed The Past
The game of basketball has had great players in the in the past. Consist of players from NBA and around the world that play professionally. In my opinion the all time list: Kareem Abdul Jabbar, Wilt Chamberlin, Bill Russell, Michael Jordan, Kobe Bryant, LeBron James, Magic Johnson, and Larry Bird. At this moment the NBA is seeing newer talent rising like Jimmy Butler, Anthony Davis, Russell Westbrook, and Hassan Whiteside. However, the players that I will be talking about will be John Wall and Stephen Curry. The ultimate point guards in the league right know. With the athleticism John Wall, jumping out the gym. Wall was the slam dunk contest champion back in 2014. On the other hand, we have Stephen Curry, one of the greatest shooters ever. Curry will make the defender look silly and hit a thirty feet three like a normal shoot. With the talent both of this guys have I can talk about them all day however, we are also going to mention how it all started, their childhood. We are also going to take a look at what shoe endorsements each player has and how much it effects the sneaker heads. Initially, John Wall was born in Raleigh, North Carolina on September 6, 1990. Lacking the presence of Wall s father created a young guy that did not take adults telling him what to do. Due to his dad s in and out of prison and death when Wall was only 8 years old. Wall s dad died of liver cancer a month later when he was released from jail. With that being said, Wall s bad attitude throughout
Ella Fitzgerald
The overall illusion of Ella Fitzgerald s The Gold Collection album is a reflection of the trials and tribulations of love. The collection consists of many tracks that have passionate lyrical value, that the words instantly relate to those moments in life when you are struggling with devotion for a significant other. The albumis arranged in a precise manner, where those melancholy and heartrending songs are preceded by upbeat, catchy tunes, that even with the gloomy lyrics, make you want to return to your childhood, where everything was simple and uncomplicated.
Certain songs, like Angel Heart and Sophisticated Love are prime examples of the slow, and remorseful songs where Ella s strong ... Show more content on Helpwriting.net ... Other songs on the album are the perfect contrast to compliment the unhappy songs of love and tenderness. A tisket A tasket is such a silly song, that although the lyrics are simple and repetitive, it makes you feel like you are a little five year old child, with no cares in the world. This song immediately puts a smile on your face, and makes you want to tap and bob your head to the beat. The last track, Just a Simple Melody is also one of those cheerful songs, that has minimal lyrical value, but the moderate quick pace, and the extensive play on the syllables of words and consonants makes you laugh. The rhyming of the verses is an effective quality, that puts the words right into your mouth, and sooner than you can believe, you re singing along to the lively music.
One difference from the beginning of the album to the end, is that the first half concentrates more on Ella s voice, while the second half is a larger concentration of arrangements with instrumental bands. In the beginning, you get to listen more to tunes where there is more emphasis on the lyrics, and the instrumentalists are only background accompaniment to Ella. However, in the second portion there is more of a sharing of the role, where the band has solos and Ella mimics the tune of the band with her singing. The difference provides good variety to the album, where you get a taste of both worlds with emotional description
Vasco Da Gama Thesis
Vasco Da Gama By: Dracen Poovey Vasco Da Gama was a portuguese explorer who discovered a new trade route to India which was a very significant discovery to Europe. In this essay I will tell you a story about a man named Vasco Da Gama. Vasco Da Gama was a portuguese explorer in in the late 1400 s. He was very adventurous and brave, his biggest goal in life was to find a quicker trade route by sea linked from Europe to India that was much faster. So he set out to do it, his initial voyage was from 1497 to 1499. At the time his voyage was the longest voyage ever made. He struck land May 20th, 1498. His discovery brought a great boost to both economies by making trade much quicker. At first they traded pepper and cinnamon, but they ended up
Reflection About The Taz� Prayer
At the Taizé prayer, the place with the altar and candles was inviting; first the silence for about 10 minutes, then the music played, followed by long pauses for praying and reading the scriptures together. The prayer around the Jesus cross statue in the center was about to begin when a person placed the cross on the ground and next to the cross a pillow for people to kneel and express their burdens. After about ten minutes, the prayeraround the cross continued, but this time the cross statue was moved to a table. People freely approached the cross statue at the table and placed their heads on it or kissed the cross. After a few more prayers were said aloud, then the altogether final prayer followed by a song was the end of the prayer. From this opportunity of praying in a group, I learned about the gifts and challenges of prayer while reflecting in silence and listening to the meditative music. The Taizé prayer is an opportunity to reflect on your day or your life and pray with others together. This was my first time in a Taizé prayer, I have never heard about it before this class. The prayer is centered on a worship group that between silence, songs, prayers, and bible readings, people stand up to acknowledge the cross statue in the center by kneeling in front or kissing the statue. You are not alone, you spend the hour with people of different churches or religious beliefs either in silence, singing, praying and worshipping.
During the prayer, I learned that the peace
Advantages And Characteristics Of Chitosan
Chitosan (CS) is the second generous linear polysaccharide and a cationic polyelectrolyte present in nature. CS has depicted convenient biocompatibility and increasing membrane permeability characteristics both in vitro and in vivo and can be degraded by lysozyme in serum. On account of its mucoadhesive and permeability, CS has the potential of serving as an adsorption enhancer across intestinal epithelium and it was an illustrated biopharmaceutical fact. CS also enhance insulin absorption without injuring human intestinal epithelial (Caco 2) cells. In the pharmaceutical industry, CS has several uses such as preparing films, beads, intragastric floating tablets, microspheres, and nanoparticles. The research explains the importance of size and... Show more content on Helpwriting.net ... Piceatannol shows similar properties with resveratrol due to its structural similarity, and some differences in chemical structure may change piceatannol function in such a way that may have exceptional properties, comprising augmented potency or health benefits. Piceatannol is structurally related to resveratrol excluding one small modification, and is widely found in plants as resveratrol and other related stilbenes. It is investigated for its health properties as the research on resveratrol has caused a general increase in research on
Scapegoat In Shirley Jackson s The Lottery
Shirley Jackson s story, The Lottery is a horror story that starts off with a friendly atmosphere, and hints suspense to a brutal ending. We have withheld information in our society; The Lottery does also. The lottery that took place in the story was fair and created uncertainty to the readers. One theme from the story is fairness. From the story, we can relate to fairness and use of scapegoat in our society. The author used satire, so we the readers are persuaded to change for the good. At the beginning of the story, the author foreshadowed what was to come, but didn t say the lotterys reason for being held till the end. The author related some of the characters names to their true purpose in the story. Jackson creates suspense by having... Show more content on Helpwriting.net ...
The author never said why the lottery took place. In the end, we can conclude when stones club Tessie; the lottery is not a happy thing as the beginning of the story portrays. The reason the children were gathering rocks into piles and putting them in their pockets was also not shown until the end. The reasons for holding the lottery are unfair and so is making every town s person participate in it. A scapegoat is a person or animal, which takes on the sins of others, or is unfairly blamed for problems. Examples that people in our society believe are scapegoats are immigrants, senior citizens and poor people. Still to this day our society follows tradition as the town s people did in the story. The tradition some people do today is not as bad as the tradition used in the story. The scapegoat in the story helped support satire the author used so we as the readers want to change. The author uses satire to directly connect with our society s flaws. She does this by having the town s people do something that is wrong and terrible. Then, we look at what we do that could be wrong and terrible. The purpose of satire is to shame individual members and society itself to improve its
The Impact Of The Roaring Twenties And
An event that happened in America in the decade of the 1920s there was a large creative movement that affected or encouraged change in the United States history. According to the online Openstax textbook called U.S. History published by P. Scott Corbett, Volker Janssen, John M. Lund, Todd Pfannenstiel and Paul Vickery states This mixture of social, political, economic, and cultural change and conflict gave the decade the nickname the Roaring Twentiesor the Jazz Age. A widespread of economic prosperity, social change and a form of expression made a way for society to begin to walk down the path of the modern age. Especially for women, African Americans, and the youth generation. Thereby, redefining the nation for the youth to forget about the post world war one era and embrace the new morality, for African American to showcase their intellectual contributions and link their struggle to the world, for women to expand their human rights and be liberated from society standards, and for American to begin their new lives because of invention in medicine and technology. So, how did the Roaring Twenties and or the Jazz Age affect the decade of the 1920sin the United States history?
First, there was a variety of inventions that was beneficial to health and wellness, and economically prosperous for producers and somewhat labor free for consumers, during the 1920s. Three examples of inventions that were created during the Roaring Twenties and or the Jazz Age was the radio, the
Fox Demon Research Paper
It is important to note that the story of the fox that is presented by Fee s father is very different from the traditional telling of the story of the fox. Sohn, points out that in the original telling of the Korean fox demon, the fox is always seen to have malevolent intentions, which involves poisoning emperors, seducing men to their death, and killing young virgins (Sohn, 2011). In the traditional depiction, the fox demonis the stuck on a journey to become human or ascend through the entrapment of male human souls. Traditionally, the fox demon uses a jewel she places between her mouth and the mouth of a male and rolls it between them. This process allows the fox demon to capture a soul that she can utilize to ascend to the heavens. But... Show more content on Helpwriting.net ... Lee points out a defining characteristic of the fox demon is the inability to have a healthy relationship with a man. Lee refers to a modern retelling of the fox demon where the fox demon is given the opportunity to have a relationship with a man, but the relationship ultimately fails when he swallows her jewel (during sex) which destroys her. Lee argues the fox demon is a representation of female sexuality is designed to uphold patriarchy by depicting female sexuality as monstrous and devouring, and hence their fox women enact moral conflict in striving to subordinate their fox characteristics to their desire to be human (Lee, 2011). On the other hand, Lady s Tammamo s marriage to her husband represents a healthy relationship which renders female sexuality as a positive force, but this is impossible in the traditional tale of the fox demon. In the traditional tale of the fox demon, the fox demon is seen as a polluting force which can only consume young men. This framing of the traditional fox demon is very similar to how queer people are depicted within much of history. Winnubst, a scholar on Queer Theory, explains that queers have been depicted as sinthomosexuals, or folks who show no interest in the future because of their inability to produce young. Because young people (the Child) are the future, queers are then seen as not contributing to the future. They threaten the future in their inability to create
Research And Investigation Into Differential Validity And...
Research and investigation into differential validity and differential prediction has been ongoing, especially as it relates to cognitive ability tests. This is due, in part, to the apparent validity differences inherent in cognitive ability tests between minority and nonminority groups. Test bias, differential validity, and differential predictionwill be discussed, along with how each of these relate to cognitive ability tests. Test bias may occur in some situations, and this can sometimes lead to adverse impact for various subgroups. The concepts surrounding differential validity can also have an effect on ethical and global considerations for an organization, which will also be explored.
Differential Testing
Test Bias A primary... Show more content on Helpwriting.net ...
Therefore, although it would be ideal to use selection procedures that are highly valid, and display appropriate diversity, this may not always occur. However, simply because a test shows lower scores for a minority group does not necessarily mean the test shows bias.
Differential Validity and Differential Prediction A relatively large mean difference found between various subgroups for general cognitive ability tests is suggestive of bias regarding test scores (McDaniel Banks, 2010). This perception seems to be supported by single group validity, which in this example, would indicate that general cognitive ability tests have validity for one subgroup, but not the other. Differential validity puts forward the concept that a test has one validity for one subgroup, and a significantly different validity for another subgroup (McDaniel Banks, 2010). There is an issue with this line of logic though, single group validity lacks the comparison needed to actually compare the two subgroups. Extensive research backs this up, and it has been found that differential validity is very uncommon (Berry, Barratt, Dovalina, Zhao, 2014; Cascio Aguinis, 2011; McDaniel Banks, 2010). Therefore, different validities for various subgroups in not necessarily what is occurring with general cognitive ability tests, at least not very often. Instead, the issue occurring with general cognitive ability tests regarding
United Methodist Church
The nature of the United Methodist Church is tied to the historic Christian church that can be traced all the way back to Jesus and the disciples and is a part of the body of Christ. At our core we understand ourselves to be part of the tradition that proclaims the same gospel that true Christians have always proclaimed. We are based in this historic nature but we also understand that the world is always changing and as such we understand ourselves as a living tradition. This means we adapt the witness (of the Church) to new circumstances that arise over the course of time. This also means that our nature is ecumenical, working within the context of the broader Christian understanding and tradition and in a very broad world. In more simple... Show more content on Helpwriting.net ... We are living in a time where for many the perception of the church is one of sitting in pews on Sunday mornings and a faith that does not leave those four walls. We are also challenged by the failing of institutions. People are not joining organizations like they used to from Boy Scouts to the Rotary Club to the church membership is down. This is especially challenging in the church when we are dependent on the giving of our membership to continue our ministry. With commitments down how do we continue to reach out and how do we prevent ourselves from slipping into survival mode which becomes very inward
Yurbuds
The first appeal is shown by ethos to give viewers reasoning to buy Yurbuds. Yurbuds uses ethos withing text to appeal to the quality, durability and safety of their product. The ad states , Never Hurt. Never Fall Out. #never stop , which is used to describe the quality of the produc they are advertising (Yurbuds earphone). Yurbuds states never hurt because they ensure that the product would comfort consumers and no hurt would be brought from Yurbuds quality. never fall out would be for those climbers whose hands are not available. Yurbuds will stay on owners ears regardless of how long it is worn, and it withstands sweating or strong body movement. Never stop is claimed to appeal viewers that Yurbuds is a long lasting product.... Show more content on Helpwriting.net ... Not only obstacles, the hill is not really light since now is at near dawn. He seems to wear some typical clothes as t shirt and short pans, which is not enough for safety in climbing. In other words, it looks like he doesn t need any protector. Putting Yurbuds here is an implication of the macnufactor. By ignoring other protectors, the man seems to choose Yurbuds to be his only protector. The emotion has been left here is the belief. The man in the ad believes in Yurbuds that it can protect him while nothing else can do. Besides not only belief, due to the difficulty of this harsh environment, which is a rough, dark and cold mountain, Yurbuds s appearance seems to be a motivation for the man to strenghthen his will. Because this is a music product, the image implies that Yurbuds uses music to motivate the man to overcome hardness. This belief and the will allowed me and many others to admire it and lean toward purchasing Yurbuds earphone, which is what the company is hoping for. The ad uses pathos emotions, implied from image , to aim for those who have to work in harsh environment, and to persuade buyers as well.
Not only do commercials demontrate product s quality, but Yurbuds producer also use its orangecolor which has its meaning as well. In the picture, the only real light is the shining sun. However, because now is near dawn, it can t make this dark hill brighter. The point here is that the orange color of Yurbuds is as
Subject: Law
The Judiciary Of England And Wales
Question Number or Title: It has been consistently argued that the judiciary in England and Wales is not reflective of society. Critically consider the explanations for the lack of diversity within the judiciary and the extent to which government legislation and initiatives have tried to increase diversity within the judiciary?
Student number: 149011027
Total word count: 1252
Over the years, judicial diversity has been an issue of concern for Wales and England. Reform initiatives and debates for judicial diversity are critical features of various common law jurisdictions. The country faces gender and ethnicity diversity as the major dimension of inclusiveness in the judicial system. Critics have raised general ... Show more content on Helpwriting.net ...
This essay aims at assessing existing literature on the ethnic and gender composition in the English and Wales judiciary. The essay will also illustrate the previous efforts of the government in achieving diversity in the judiciary.
Gender is a critical dimension of judicial diversity illustrated by the proportions of positions awarded to the males and females on the judiciary. There are different ways of rationalising judicial diversity where judicial appointments follow policy and law that promotes equal opportunities. The judiciary needs to show sensitivity to the experiences and needs of the different elements of legal systems where the judiciary requires illustration of diversity for service as well as diverse judiciary with increased accountability of legal democracies. The current preclusion the gender incorporation dictates the alternative dimension regarding judicial diversity. Features of judicial initiatives towards achieving ethnic and gender diversity are assessed through qualitative and quantitative perceptions and experiences of judicial bias.
Nowadays, diversity and equality in England and Wales are matters that professional bodies face and deliberate in their annual reports. Law Society s websites illustrate commitment towards playing leading roles to eliminate discrimination through promoting equality of opportunities and diversities in activities and regulation of representative bodies and employment.
