Generally Accepted Accounting Principles and New Stadium Essay Example for Free

Generally Accepted Accounting Principles and New Stadium Essay Tottenham Hotspurs, Plc. This certain case has many different possibilities for evaluation which gives it much complexity and much liberty while evaluating it. The soccer business sure has a certain relation with the performance and their revenues which makes it highly unstable when speaking of forecasted income of the club. We must first value the firm at its current position in order to be able to value as compared to acquiring the new stadium and obtaining a new goal scorer. In order to do so we must evaluate the company by creating a Discounted Cash Flow analysis projecting the expected future revenues in the same current strategy which they are in. We would then lay out the future expected cash inflows with no initial cash out flow laid out due to the fact that they have already covered their initial expenses. We must take into account the growth rates that are expected for our liabilities such as capital expenditures, player salaries, depreciation, and such. We must then evaluate the growth rates for the cash inflows for the revenues expected due from increased ticket prices, product sales, sponsorship and televising their games. We must then implement these rates and growth in numbers to evaluate the future position a number of years down the line. We could then evaluate the current capital structure and their cost of capital in order to determine whether they are fairly valued and obtain a second analysis to compare with. We have sufficient data such as their beta and stock returns in the market in order for us to evaluate these numbers. The case also contains the current risk free rate which is needed when using the Capital Asset Pricing Model in order to obtain the cost of equity of the firm. After performing a multiples analysis we can then compare the two analyses and determined whether the firm is fairly valued. If it is then great, but if not then we have an even greater reason for Tottenham to look into the building of a new stadium. Now that we have their current position we must conduct an analysis regarding the â€Å"what if† the company obtained the new stadium and invested in a new striker. In order to do the following we must take into consideration the initial cash out flow of the new stadium and the two years that the company has to pay it given the current financial situation and their cash excess which is mentioned in the case. Once we have this we can then forecast a pessimistic, a mediocre, and a pessimistic evaluation of their ticket sales and create multiple cash flows which consider the growth rates of all of the costs and revenues that the company will incur given this following move. Once we have this analysis we can then create the same analysis given that we stay in the same stadium, but we invest in a new striker (optimistic, mediocre, pessimistic). Once we obtain the cash flows from the two options mentioned before, we can then infuse both cash flows and compare the position of the company if they were to take the options which they have available to them. We must also play into consideration that the competition of the league has a huge impact on the results of Tottenham as they can have a huge influence on them. For example, Manchester United invests in the so called next big thing in football or one team is on the rise.

Fighting for Equality and Freedom Essay -- American History Civil Righ

Across all nations and cultures, the enduring pursuit of equality in life seems global and timeless. Some would believe that their own country has achieved a true democracy with no residual inequalities of which to speak, while others know they are at the other end of the spectrum, enduring unjust laws that should not be bestowed on any human. Through the course of history many countries have fought for that democracy and all the equality that it implies. While some believe they have reached that goal, others continue to fight for the most basic human rights, even in this time of enlightenment. The journey each country takes on its road to that place may vary by origination, length, severity and outcome, but the goal seems to be the same. Looking at two such journeys through the writings of Martin Luther King, Jr. in his â€Å"Letter from Birmingham City Jail† and from an excerpt of Aung San Suu Kyi’s In Quest of Democracy, the underlying theme of equality is thoug htfully penned with examples universally recognizable from each of their own perspectives, respectfully acknowledging their own histories, religions, and obstacles to illuminate the path toward that common goal of a just society despite unjust laws. In â€Å"Letter from Birmingham City Jail,† King’s detailed writings demonstrate his understanding of the need to painstakingly explain his position to those controlling the unequal democracy under which he was being detained at that time. Even while writing of the history of his people as slaves, King skillfully avoids coming across as just another complainer, laying out the blunt truth as it was. He calls upon history to show that this never should have been in the first place, referencing the New Testament of the Bible ... ...rom suffering under unjust laws imposed by unfair rulers. Two people at different ages in their lives, different stages in their quests, of different histories and religions, one black, one Asian, one male, one female, with one goal for all. While Suu Kyi may one day be in a position to continue her fight, sadly the world lost King too soon. Their examples, as documented in their writings, of persistence, perseverance, and grounding in what is good and just for all mankind should be followed by all, to be benefited from by all. Works Cited King, Martin Luther, Jr. â€Å"Letter from Birmingham City Jail.† Reading the World: Ideas that Matter. Ed. Michael Austin. New York: Norton, 2007. 173-187. Print. Suu Kyi, Aung San. â€Å"From ‘In Quest of Democracy.’† Reading the World: Ideas that Matter. Ed. Michael Austin New York: Norton, 2007. 191-196. Print.

Course Project Rough Draft Essay

I have learned a lot in achieving goals, time preferences, and pathways of learning; analyze statements, types of thinking, reading and information literacy, bring something new to taking notes, explores types of memory, diversity, communication and stress management, managing money and reflections so I can be successful in my education. In this class I have been giving good tips on every aspect on criminal justice. It also makes me know that it is to learn all the important information in the class so I can success in my education. I am a Verbal-Linguistic and more of a reader/writer then visual person. I have learned all the ends and out of criminal justice. This class has benefited me in every aspect in my life. I am not only motivated to make a difference in the communities, but also motivated to join the ranks of a new family. I chose this path because I have always enjoyed the idea of solving situations. I can honestly say I can’t imagine myself doing anything else because I am extremely fascinated by the role and intensity of these fields. Just watching what it takes to do their job is remarkable. That’s why I love this class so much because it’s a learning process for me and my life. It makes my family so proud of me that I’m taking criminal justice and going forward with my education. So all I have to do is stay with it so I can success in this degree.

The Associations Between Vitamin D and Breast Cancer - Free Essay Example

Sample details Pages: 2 Words: 466 Downloads: 4 Date added: 2019/02/06 Category Medicine Essay Level High school Topics: Breast Cancer Essay Did you like this example? According to the Center for Disease Control and Prevention (CDC), around 220,000 women are diagnosed with breast cancer each year in the United States.1 Breast cancer is a disease in which malignant cells form in the tissues of a woman’s breast.2 Breast cancer is among the most commonly diagnosed cancer, making it the second leading cause of death in women in the United States.1 Out of the 220,000 women diagnosed, around 40,860 of them die each year. Although there is not a cure for cancer, new research findings suggest associations between vitamin D (VD) and a decrease risk of diseases, such as cancer. Early epidemiological studies of cancer cells in mice has found that VD has several factors that might slow or prevent the development of cancer.3 Such activities include promoting cellular differentiation, decreasing cancer cell growth, stimulating apoptosis, and reducing tumor blood vessel formation. Don’t waste time! Our writers will create an original "The Associations Between Vitamin D and Breast Cancer" essay for you Create order Because early epidemiological research showed that death rates for certain cancers was lower among individuals living in southern locations than those in northern ones, it was hypothesized that ultraviolet exposure from the sun, which leads to the production of vitamin D, might account for this association.3 Researchers wanted to further analyze the research gaps of these finding with vitamin D, but this time in relation to women and potential risk of breast cancer. Vitamin D, a fat-soluble vitamin, can be synthesized by the body through ultraviolet light exposure and dietary sources.4 Previous research has suggested vitamin D containing an anti-inflammatory effect that could interfere with cancer cell pathways. Some countries, such as countries in northern Europe, have limited sunlight, which make it difficult to maintain an optimal vitamin D level through diet alone.4 A study conducted in Istanbul, Turkey, sought to determine the prevalence of VD deficiency as measured by serum 25-OH D (25-hydroxy vitamin D level blood test) levels in patients with breast cancer. To evaluate its correlations with life-style and treatment, 25-OH D was defined as the sufficient level that would be measured throughout the study and VD deficiency was ranged 25, no bisphosphonate usage, and a conservative dress code with 70% of participants being insufficient.4 Although the data collected suggests a relationship between dress code and supplementation with VD defic iency, there are some limitations to this study. Researchers did not take into account dietary intake of VD, which could have also played a role in VD levels in patients who were taking high dosages of supplements. Like any study, limitations such as this variable could have influenced the data during the time it was being analyzed. Similar to the previous study, this one also measured VD supplementation in women. However, this study also took into consideration the dietary VD intake of participants.5 Despite the widespread fortification of VD in foods in the U.S, approximately 42% of women have inadequate levels of VD,