Saturday, August 22, 2020
Pride and Prejudice Analysis Essay
Elizabeth Bennet gets two recommendations; one from Mr Collins and one from Mr Darcy. Mr Collins was a tall and overwhelming looking man of a quarter century. In spite of the fact that he was pleasant and polite he was likewise affected and had a self-expanded conscience. He generally made ââ¬Ënever finishing discourses about nothingââ¬â¢ and exhausted everybody to death. Mr Collins complimented everybody continually except now and again improperly. ââ¬ËHe asked to know which of his reasonable cousins the greatness of itââ¬â¢s cooking was owed.ââ¬â¢ - By this, Mrs Bennet was affronted and guaranteed him they were in truth ready to keep a decent cook. This indicated his absence of judgment in when to commend. He was likewise very preposterous and Mr Bennetââ¬â¢s mockery frequently went totally unnoticed. For instance, on page 54, Mr Bennet inquired as to whether his adulations were readied and Mr Collins conceded that occasionally he would consider them for his delight! Woman Catherine de Bourgh who was his patroness utilized him. He stooped to her continually as she paid his direction; on account of her, he was center/privileged. He was a pastor at Hunsford close Rosings, Lady Catherine de Bourghââ¬â¢s home. At the point when Mr Bennet bites the dust, Mr Collins will acquire Longburn, as Mr Bennet can't go out to his better half; ladies couldnââ¬â¢t acquire. In Mr Collinsââ¬â¢ letter, he proposes to make harmony with the family. Mr Darcy then again was generally excellent looking. ââ¬ËHe before long drew the consideration of the room by his fine tall individual, attractive highlights, honorable mienâ⬠¦Ã¢â¬â¢ He is additionally portrayed as ââ¬Ëa fine figure of a manââ¬â¢. Be that as it may, he was destined to be found to be ââ¬Ëproud over his companyââ¬â¢. He was shrewd, and yet he was ââ¬Ëhaughty, saved and fastidiousââ¬â¢. He claimed Pemberly Estate and got one thousand every year. - He was high society and he knew it; ââ¬ËHe had seen an assortment of individuals in whom there was little magnificence and no style for none of whom he had felt the littlest interest.ââ¬â¢ Darcy and Bingley had a decent kinship in spite of numerous distinctions. ââ¬ËBingley made certain of being loved any place he showed up; Darcy was ceaselessly giving offence.ââ¬â¢ Darcy had no comical inclination and let it be known. He couldnââ¬â¢t see the clever side of life though Bingley was carefree and jumped at the chance to appreciate all that he did. In the past Wickam and Darcy had a contradiction. Mr Darcyââ¬â¢s father had guaranteed Wickam a spot in the congregation however when he passed on Darcy would not support him. Mr Collins first indications on his likely arrangements in quite a while letter to the Bennets when he composes; ââ¬ËI can't be in any case than worried at the methods for harming your agreeable little girls, and ask leave to apologize for it, just as to guarantee you of my preparation to make them each conceivable amends.ââ¬â¢ On the main day of remaining at Longburn, he, in a discussion to Mrs Bennet said; ââ¬ËI can guarantee the youngsters that I come arranged to respect them.ââ¬â¢ - Here he gave Mrs Bennet a little look at his goals. Jane Austin at that point parted with it saying that currently having a decent house and salary; Mr Collins was in need of a spouse. He was additionally satisfying Catherine de Bourgh who figured he ought to wed. So for the principal evening Jane was the settled decision being the oldest, however the prettiest - this was, until he was educated by Mrs Bennet that she was destined to be locked in to Bingley (misrepresentation). At that point at the Netherfield Ball he asked Lizzy to move a few times and she understood she was the anointed one out of the five sisters. Mr Darcy then again was a long way from respecting Lizzy from the start and when Mr Bingley recommended he hit the dance floor with her at the Meryton Ball he answered that he had not minimal expectation of moving. - Bingley was hitting the dance floor with the main attractive young lady in the room. Here he was alluding to Jane. He said Lizzy was ââ¬Ëtolerable, however not attractive enough to entice me.ââ¬â¢ At that point at Sir William Lucasââ¬â¢s party, William attempted to combine up both of them and Darcy didn't avoid, yet Lizzy got over him with; ââ¬ËI have not minimal aim of dancing.ââ¬â¢ - this was take care of. It was at this gathering Darcy understood his actual affections for her. At Netherfield when Jane went to remain, she became sick and Lizzy being concerned dropped by. Here, she saw that Darcy was continually watching her. Miss Bingley who subtly enjoyed Darcy, in observing that he was attracted to Lizzy attempted to turn him against her. Be that as it may, all futile, for whatever she stated, he simply stood up for Elizabeth. Miss Bingley, in Mr Darcyââ¬â¢s protecting her said; ââ¬ËI am apprehensive Mr Darcy that this experience has rather influenced your esteem for her fine eyes.ââ¬â¢ I think when she says this sheââ¬â¢s half-prodding and half envious of him enjoying her. Before proposing, Mr Collins said to Mrs Bennet, ââ¬ËMay I trust madam, for your enthusiasm with your reasonable girl Elizabeth, when I request for the respect of a private crowd with her over the span of this morning?ââ¬â¢ - Here, he was fundamentally asking Mrs Bennetââ¬â¢s consent to propose. He at that point propelled straight into his ââ¬Ëspeechââ¬â¢. Mr Darcy dropped by Lizzy and from the start made light discussion, getting some information about her wellbeing. At that point there was a clumsy quiet where he more likely than not been attempting to consider how to begin before continuing. - Differences are as of now appearing on the other side. Mr Collins originally said heââ¬â¢d picked Lizzy nearly when heââ¬â¢d met her (which was a falsehood) and proceeded to indicate his purposes behind wedding her. He, as a priest needed to set a guide to the remainder of the area, he figured it would make his upbeat and he was following Lady Catherine de Bourghââ¬â¢s counsel. Heââ¬â¢d clearly planed out his discourse cautiously however in his reasons, he had not referenced that he was infatuated with her! Darcy then again offered his submit marriage since he loved her and his initial sentence communicated this unmistakably; ââ¬ËIn vain I have battled. It won't do. My sentiments won't be stifled. You should permit me to reveal to you how I respect and love you.ââ¬â¢ Mr Collins likewise made a few put-down to Lizzy when proposing to her without acknowledging it! For example, he said that in the event that she won't, she my never get another offer. He likewise advises her that in the event that she remains single, all she may ever be qualified for is twenty-five pounds when her mom kicks the bucket. Darcy put his foot in it as well. In the wake of saying the amount he adored her, he proceeded to state that it was not his desire to do as such with her associations and status; ââ¬ËHis feeling of inadequacy - of the family impediments which judgment had consistently contradicted to inclination.ââ¬â¢ At the point when he was turned down he thought she was simply annoyed; ââ¬ËCould you anticipate that me should celebrate in the inadequacy of your associations? - To salute myself on the expectation of relations, your connections?ââ¬â¢ He additionally confessed to attempting to separate Jane and Darcy and even ââ¬Ërejoicedââ¬â¢ in his achievement of doing as such. In light of dismissal, Mr Collins thinks Lizzy is putting on a show and says this is not out of the ordinary of a woman. He proceeds to express all the great materialistic motivations to wed him neglecting to make reference to things like love. He goes about as though wedding would be a wise venture for Lizzy or something. He at that point guaranteed her that both of her folks endorsed of the marriage. Mr Darcy in light of dismissal is stunned and furious yet figures out how to control himself. He inquired as to why he had been can't and figured she should be annoyed by what he had said before; ââ¬ËCould you anticipate that me should cheer in the inadequacy of your connections?ââ¬â¢ Be that as it may, subsequent to stating these words he acknowledged her answer. The two recommendations were made for totally different reasons; Mr Collins clearly proposed for comfort, while Mr Darcy was enamored. The two men likewise responded in various manners when turned down; despite the fact that Mr Collins couldnââ¬â¢t take the dismissal, he was not really fretted over something besides having his male pride hurt. - Darcy more likely than not been amazingly vexed, to him Lizzy was the lady he needed to spend a mind-blowing remainder with yet he did whatever it takes not to show his feelings. The two of them included a ton of self importance in their proposition addresses. They imagined that Lizzy would not dismiss somebody of the higher class and she should be appreciative that she was picked out of the various young ladies; both reminded her continually about her status. Mr Collins was increasingly close to home referencing both what might happen when her mom and father kicked the bucket however Lizzy got progressively furious at Darcy as a result of things he has said and done before. Mr Collins and Mr Darcy both said in much detail all the advantages and disadvantages of the marriage. All in all, the two proposition have a few likenesses yet they contrast in the basic prerequisite of affection.
Friday, August 21, 2020
LunarPages Review 2020 Is this Hosting Company Rocketing
LunarPages Review 2020 Is this Hosting Company Rocketing .elementor-19992 .elementor-element.elementor-element-19992{text-align:center}Last Updated on January 12, 2020 Disclosure As an independent review site, we get compensated if you purchase through the referral links or coupon codes on this page â" at no additional cost to you. Dismiss alert Teaching himself, he soon became a webmaster. He eventually earned enough from affiliate links to leave masonry behind. But it wasnât until he first charged for server access did he truly understand what type of business he wanted to build online.He partnered up with Max Anderson, a Swedish programmer heâd only known online. Together they developed Lunarpages.Today, the oldest web host is still going strong. Data centers in California, Arizona and Nevada host domains for over 150,000 clients including Microsoft, Sony, Blackberry and more. Get hosting for only $2.64/month here So, does all this experience matter for your hosting needs? My complete review of Lunarpages hosting starts now:Ta ble of Contents Our rating of LunarpagesLunarpages hosting review: Pros and consPROSCONSTop product featuresThe verdictOur rating of Lunarpages.elementor-19767 .elementor-element.elementor-element-19767{text-align:center} 3.5/5Experience matters, but not as much as it used to. Many domain hosting companies have caught up to the features offered by Lunarpages. Still, theyâre a secure, fast domain host with a fair price. We give them a 3.5/5.Lunarpages hosting review: Pros and consPROSLongevityFirst, the most obvious pro: Lunar hosting has been around for a long time. They understand whatâs required to keep servers up and running no matter what. There arenât too many web hosts with a better track record of success.Plus, they understand hosting. They know the difference between a hosting trend which will be irrelevant tomorrow and a technical feature which is here to stay. Click here to try Lunarpages today! Straight-forward pricingMany web hosting platforms offer a super-low introductory price only to increase the rates at month two. Or theyâll offer a lower price if you commit to three years than if you sign up for two or one. Deciphering the real price which youâll pay most of the time can feel like uncovering The DaVinci Code.Lunarpages doesnât play around like that. They offer one flat rate which stays the same whether you sign up for one year or more. They donât offer a monthly plan, but neither do most other hosting platforms. They do offer a 30-day money-back guarantee.Lightning-fast speedsThis is where they really shine. Lunarpages has an average page load times in the 560ms range. Considering the average page loads in about 700ms, Lunarpages have a speed advantage you can actually see with your own two eyes.These loading speeds can increase customer retention and even sales. People bounce from sites which are slow to load. But theyâll explore sites which load pages quickly. Backup and restorationHereâs a feature you donât see wi th every host, even though itâs often a lifesaver. Lunarpages automatically backs-up your site each night.This is great news because plug-ins and third-party tools can cause your site to crash without warning. Lunarpagesâ Premium Restore Service will restore your pages â" and without any extra fees.Check out this video detailing their basic web hosting plan: Get hosting for $2.64/month here CONSPoor customer supportEven if youâve never used web host services before â" from any company â" you probably have an idea of how customer support is handled. You can call, IM or email, right? Well, in most cases youâd be exactly correct. But not with Lunarpages support.They do offer IM â" but only for sales! They do offer phone support, but itâs not available 24/7, 364 days a year. What they really emphasize is creating a support ticket.Unfortunately, receiving a reply can take up to half a day. Thatâs a pretty big time period if your site is down. You could miss out on a l ot of sales.Confusing websiteTheir website is cluttered and confusing to navigate. Iâd prefer a more streamlined design, especially because their pricing structure is very straightforward in practice.They have a lot of support information on their site. But itâs not written for beginners. If youâre new to web hosting, youâll probably want to go elsewhere to learn the basics.Unnecessary feesMost web hosts encourage you to switch your existing site to their hosting services. In fact, itâs very rare to find a domain host who charges for a site transfer. After all, theyâre going to make most of their money from a long-term subscription.Lunarpages charges customers a transfer fee. They also charge for cPanel. Sure, these fees are pretty low. cPanel is just two bucks a month. But considering cPanel access and transfers are almost always free, Lunarpages feels like theyâre nickel-and-diming their customers at times.Risk of account suspensionAlthough they promise many unlimite d features, thereâs a big caveat you should be aware of. Users can find themselves suspended due to âhigh resource usage.â Most users will never reach this limit â" you have to be a pretty giant web presence to do so â" but the risk is still a bit unnerving. Imagine waking up one morning to find out your website has been suspended for the entire night!Top product featuresFast Load TimesYou wonât find much faster. Their incredible load speeds can drive sales.Low PricesTheir Windows Web Hosting Plan, which is their most expensive, costs just $9.95 a month but includes unlimited storage, bandwidth, email accounts, subdomains and MySQL databases.Nightly Backup and Free RestorationYou never have to worry about losing your files completely. Free restoration means you can install third-party software without fear.The verdictNormally, I donât care too much about the history of a web hosting company. Iâm far more interested in what the web host can do for me today.Lunarpages is a bit different. Itâs not like they invented web hosting, exactly, but theyâve been in the domain game far longer than almost everyone else. I trust them to understand the difference between features which are necessary and features which are just a trend.Plus, theyâre fast. Very fast. Considering load time can translate directly into improved sales and conversions, their fast speeds can justify overlooking some of their negatives.Lunarpages has an interesting history and they do some things very well. But theyâre certainly not the best domain host out there. Most users will likely be better served with a different domain provider, although Lunarpages is a great choice if you value speed and backups over everything else. Click here to get great hosting today!
Monday, May 25, 2020
Status Offenders, Dependent and Neglected Youths, and...
Status Offenders, Dependent and Neglected Youths, and Juvenile Victimizations: As they come into contact with the juvenile justice system different, delinquent youths are treated differently in this system. Notably, the jurisdiction of this system and its courts also extends to non-delinquent youths like dependent and neglected youths, and status offenders. However, non-delinquents are not only viewed differently but they are also treated separately from delinquents. In most cases, non-delinquents are regarded as children in need of help and supervision while delinquents are held accountable and punished for their actions. Nonetheless, non-delinquents undergo several similar processes and dispositions like delinquents because of the differing reasons for the intervention of the juvenile justice system. Delinquents vs. Non-delinquents: Whereas dependent youths are those whose parents dont have the ability to take care of them, the neglected ones are youths whose parents have declined to take care of though they have the ability to do so. Some of the major causes of dependency include severe physical and mental disabilities and death of parents while the failure to offer adequate supervision to intense sexual, physical, and emotional abuse contributes to neglect. There are two major types of agencies in the juvenile justice system that deals with the delinquents and non-delinquents. One of these types of agencies is the human-service type agency that focuses on theShow MoreRelated The Development of Childhood Throughout History Essay3065 Words à |à 13 Pagesto enter religious orders, become soldiers or seek wealthy patrons. Under the Dower system, a womans family gave money, land or other wealth in exchange for a potential husband. This system forced women into the role of second class citizens dependent on the ir fathers and brothers. Wet nurses took care of newborn, thus restricting contact between child and parent. The practice of wrapping newborn in swaddling often led to high infant mortality. (Siegel 12). During the 17th and 18th CenturiesRead MoreJuvenile Justice System. The Federal Juvenile Delinquency1845 Words à |à 8 PagesJUVENILE JUSTICE SYSTEM The Federal Juvenile Delinquency Act defines juvenile delinquency as, ââ¬Å"any act that is otherwise a crime, but is committed by someone under 18 years of age (ââ¬Å"Juvenile Justice, 2007â⬠)â⬠. This act sets forth rules in which state laws must comply with in regard to juvenile court procedures and punishments. A majority of states have a criminal culpability set at 18 years of age, however culpability age can differ depending on the state. Certain states base whether a juvenileââ¬â¢sRead MoreEffects of Child Abuse on Juvenile Delinquency4283 Words à |à 18 PagesThe Effects of Child Abuse on Juvenile Delinquency Tyshenia Gavin Virginia State University Dr. Hodgson Abstract This literature review explores existing literature and scholarship that outlines the effects of early child abuse (2-8 years old) on future acts of delinquency. Literature suggests that a correlation exists between the effects of child abuse and delinquency. Common problematic behaviors are socialization changes and learning abilities fromRead MoreJuvenile Delinquency And The Nature Of Police Juvenile9755 Words à |à 40 PagesThere is substantial concern about rates of juvenile delinquency and the nature of police-juvenile encounters fueled most recently by the ââ¬Å"Black Lives Matterâ⬠campaigns nationwide toward improved police-youth interactions. Yet, there are knowledge gaps on how best to proceed. There is insufficient information on the prevalence and nature of police-juvenile encounters in the rural areas of Mississippi, specifically, the Delta region. This lack of information means that policy-makers and academicsRead MoreEssay on Criminological Theories13456 Words à |à 54 Pagesworld or across a society. They attempt to answer why there are variations in group rates of crime. Other authors have used the terms ââ¬Å"epidemiologyâ⬠or social structural theories. Micro. Micro theories of criminal behavior focus on a small group of offenders or on an individual crime. They attempt to answer why some individuals are more likely than others to commit crime. Other authors have used the terms ââ¬Å"individual conductâ⬠or processual theories. Necessary Condition. This means that X must be present
Thursday, May 14, 2020
Essay on Treachery and Deceit in Julius Caesar - 505 Words
Treachery and Deceit in Julius Caesar In this essay I am going to examine how each of the characters in Julius Caesar were noble or not noble in the things they did and decide who is the most noble as well as examining the ways treachery and deceit are shown in the play. Firstly Julius Caesar. We know Caesar is a good leader and fighter in battle because everybody comes out to see his return at the start of the play and they say What conquest brings him home that quote suggests he has made many conquests which was considered noble in Roman times. Also near the start of the play Caesar is offered the crown three times but each time he refuses to take it And then he offered it the thirdâ⬠¦show more contentâ⬠¦Brutus though did eventually lose the final battle at the end so he wasnt a good fighter like Caesar was so he wasnt noble in that way. Cassius not only killed Caesar for the good of Rome but also persuaded Caesars friend Brutus to help with the killing so he was being noble to his country because the people of Rome didnt want a king and doing what was best for your country is noble. But like Brutus, Cassius lost the final battle Guide thou sword. [Pindarus thrusts him through] losing battles in Roman times shows that you werent a good fighter which was not noble although they did kill themselves in a noble way, they ran onto a sword that was held by somebody so it was an assisted suicide which was the noble to way to kill yourself.. Next Mark Anthony. Mark Anthony offered Caesar the crown Mark Anthony offer him a crown if Caesar had taken the crown who knows if that would have been good for Rome so that maybe wasnt so noble. Mark Anthony was noble however in winning the final battle to avenge Caesars death. Caesar thou art revenged. He was the only one that was noble to Caesar however because he didnt conspire against him and in his speech at Caesars funeral heShow MoreRelatedThe Portrayal of Brutus as a Tragic Hero in William Shakespeares Julius Caesar964 Words à |à 4 PagesThe Portrayal of Brutus as a Tragic Hero in William Shakespeares Julius Caesar Throughout the works of Shakespeare, tragedy has always been a vital foundation and a key to his immense successes. His fine mastery of the art became legendary amongst the audiences that watched his various plays. Romeo and Juliet is a prime example of the tragedy he could combine into a stage performance. An Irish poet named Oscar Wilde who was a novelist, dramatist and critic in the lateRead MoreWilliam Shakespeare s Julius Caesar, Hamlet, And Henry V2709 Words à |à 11 Pageshighlight the internal moral struggle that every man goes through, the concept of what is right and what is wrong in a world that is full of gray areas. More specifically he deals with the concept of honor and morality in several of his plays. Julius Caesar, Hamlet, and Henry V, to a lesser extent, deal with how men handle these and can reconcile otherwise heinous acts. Now, being well aware that Shakespeare does not account for all the Renaissance writers, however his are the most prevalent stillRead MoreEssay about Racism and Jealousy in Othello762 Words à |à 4 PagesDesdemona. An example of this is crying out to Brabantio that ...your daughter and the Moor are now making the beast with two backs - (I, i, 118); Which has strong, vulgar imagery. He is able to manipulate the entire course of the play through deceit and treachery. à à à à à Cassio was chosen to be Othellos first lieutenant in favour of Iago, and this angered him deeply. He hates Othello for overlooking him, but he also hates Cassio for being chosen ahead of him to the spot that he wanted. Iago is successful
Wednesday, May 6, 2020
Chilean Human Rights Violations Had An Undoubted...
The case about Chilean human rights violations had an undoubted international significance. Its highest point came with the arrest of General Pinochet in London in 1998, at the request of arrest warrant and subsequent processing issued by Judge Garzà ³n. The detention lasted for 503 days; nearly a year and a half that gave rise to several judicial and political actions and reactions that serve as the basis of understanding of the topic of the essay. On the one hand, the debate on universal jurisdiction and protection of human rights was intensified both internationally and domestically. On the other hand, different attitudes become evident within Spain: were actors like Castresana, Garzà ³n and Garcà ©s who pushed and pressured for the process (largely motivated by the various associations of victims), while the Prosecutor and the Government showed a somewhat reluctant and even contrary position to it. Without going into further details about British courts decisions, it suffices to recall that the House of Lords Committee finally decided that Pinochet had no criminal immunity and that his extradition was possible . Nonetheless, a political decision based on humanitarian grounds freed Pinochet, who returned to Chile when some legal proceedings had already initiated to investigate human rights violations occurred during both the coup and Pinochetââ¬â¢s mandate, and he was finally put into trial. Once again, external pressures were significant factors when promoting domestic
Tuesday, May 5, 2020
Advanced Taxation Potter Pty Liimited
Question: Discuss about theAdvanced Taxationfor Potter Pty Liimited. Answer: Introduction: The Potter Pty limited is a privately owned company and was incorporated in the year 1980 and the industrial property of the company is owned in the metropolitan perth. The company has incurred revenue loss which was arisen from the renting properties owned by the company. However, the franked dividend is received from by the company from various other investments. The company declares different rate of dividends for the different classes of shares and all the shares of the company carries voting rights. Since the incorporation of the company the shareholders have remained the same (Hoggett et al. 2014). The company issues two type of shares that is shares of class A and class B. All the shares are equally held by the Peter but the shares of class A is also held by his children. All the capital of peter has been tied up in the company and Peter is to retire from the business and has a plan of purchasing the motor vehicle that is a motorhome and there is need to access the current or the ongoing value of the company (Petrovic et al. 2016). The valuation of the property of the company would be done in respect of four plans that is dividend, capital distribution. The purchase of motorhome by peter would be done by making the revaluation of the building at the market value and the financing of the motorhome purchase would include the loan taken from the bank and the funds raised through the revaluation of the property. It would also involve the sale of the shares of B class. Discussion: To, Peter Director Potter Pty limited Sub: Suggestion on the proposals to be accepted Respected Sir, The book value of the property held at cost that is the book value of the property is $ 250000. The market value of the property of the company stands at $ 850000. Here, the book value of the property held is less than the market value. This would mean that revaluing the property at market value would appraise the value of the property. The total amount of assets of the company would increase. The revaluation of the property would yield the taxable economic benefits to the Peter. This would results in an increase in the revaluation reserve of the assets. The valuation of the equity of owner would also increase. This would reduce the leverage and also the exit values of the assets or say the property would have credible signals. The revaluation of the property that is the building in the given case would also help in spreading the burden of tax. The revaluation would involve the inspection of the properties. The property tax of the company would increase if the operating cost of the c ompany would remain the same. However if the properties are overvalued then the company would have smaller amount of tax to be paid after the revaluation. The market value is determined by the appraisal and forms from the basis of the accurate data and the evidence available. The payment of fully franked dividends to all the shareholders of A class shares at the rate of $ 0.70 per share. The class A shares are equally held by peter, his wife and two children. No of shares held by each individual= 25000 Share price= $ 1 Amount of investment made by each= $ 25000 Dividend rate= $ 0.70 per share Dividend income= $0.70*25000= $ 17500 Franking credit= 750 * 30%= $ 7500 Taxable income= ($ 17500 + $ 7500)= $ 25000 The implication of the personal tax is that when the assets gets revalued then the gain after the revaluation is either transferred to the capital account of the company as reserves and this would increase the amount of deferred assets. This would also leads to the increase in the tax amount paid. When the franked dividend is paid to the asset shareholders of A class shares then there would be exemption from the tax by 30%. The amount exempted would be credit to the franking account and the credit side of the franking account would go up. The loan taken from the bank would increase the net income in the current year and the amount of tax paid also gets increased in the next year. The unfranked dividend does not have any tax exemption and since the dividend is paid after deducting the tax, the payment of such dividend does not have any impact on the tax obligation of the company. The franking account of the company gets increased. The personal tax obligation gets increased if the individual receives the dividend as the total income available to them rises because of the increase of dividend. The issuing of the dividend would reduce the net profit of the company as the value of equity would also go down because of the distribution of the dividends to the shareholders of the company. The franking dividend paid is debited to the franking accounts. Therefore, the issuing of the franked dividend would reduce the cash flow of the company and the net amount of fund available would go down. The balance of the franking account would also go down. The company has balance of $ 30000 Cr in the franking account and this would go down to $ 22500. The existing amount of secured loan that the company has with bank is $ 200000. When the amount of bank loan would increase then the cash flow in the company would increase. The total liabilities side of the balance sheet of the company would increase and this would increase the shareholders stock of equity. The unfranked dividend payment to the shareholders of class B shares and the unfranked dividend amount is $ 325000. Such unfranking credits are not attached with the issuance of the franking credits. This is a dividend that does not have any tax credits attached to it. When the company is paying the unfranked dividend on B shares then the company would not be able to pay the dividend on shares class of A and also the balance of the franking credits would remain unchanged. The payment of such dividends would reduce the capital as the flow of cash in the company would get reduced and this would have impact on the net profits of the company. Therefore, the liabilities side of the company would get reduced as the reduced net profit would impact the stockholders equity. Peter is willing to buy the motorhome after the retirement and if the company is paying the unfranked dividends only to B class shares of which only the Peter is the shareholder that is the shares are solely owned by peter then he would be able to purchase the motorhome from the value of unfranked dividends. The raising of the funds from the bank that is the loan borrowed from the bank of the amount of $ 350000 would increase the cash flow in the current year and the amount when used as a capital distribution then the impact would be that the value of the shareholders equity would increase and the company would be able to reduce the long term debt at the same time. The additional funding received from the borrowing by the bank would also provide a way of funding of the purchase of the motorhome by Peter. Since the amount of funds received from the extra loan borrowed by the company would be used in the distributing of the capital. The company is paying the capital distribution of $ 350000 and so the franking account of the company gets unaffected as the capital distributed to the shares of class B and therefore there would not be any affect on the tax as shareholder would not get any tax exemption. However, the company is declaring the dividend to the shareholders; therefore, the burden of the tax of the company would not be reduced. The franking credit account of the company remains unchanged in this context as there is no franked dividend payment on the shares. The tax obligation of the company would not be reduced and the personal tax obligation would remain unchanged in case of capital distribution. The revaluation of the building or say the property at the market value of the assets is positively related with the shareholders equity as the research conducted has been evidence of the fact that the revaluation of the building to the market value would have a positive impact on the price of the shares of the company. When the company decides to revalue the assets and the building in this case, the defaults on the debt payment get reduced. The financial performance of the company and the asset revaluation is positively related. When the assets is upwardly revalued as the market value of the building in the given case is more than the book value , the carrying amount of the assets get increased and the revalued amount is reported in the shareholders equity as the amount under the section of the revaluation surplus. Therefore, the value of the shareholders gets increased and as a result of this, the return on equity gets reduced. The increment in the value of the assets and the equit y reduces the leverage and though the profitability of the company in the future might not increase in the future years of operation. Here, the revaluation of the property of the company at the market value would results in the gain to the company as the market value is much more that the book value of the assets. The gain due to the revaluation is always recognized as equity. The revaluation is being done on the assets of the company that is building this case and therefore all the buildings in that class of assets needs to be revalued However, the gain from the revaluation o the assets is realized when the assets or the property is disposed. All the assets in the class of property that is the revaluation of the building would include all the immovable properties and the assets needs to be revalued in the fair terms so that there is not any material difference between the reporting value. When the noncurrent assets are revalued then there needs to be some adjustment in the accounts. The double entry that would be required to pass is that the cost of the noncurrent assets would get debited. The accumulated depreciation amount would also get debited and the gain on the revaluation of the assets would be credited to the revaluation account. The account of the comprehensive income would gets credited if the revaluation results in the increase in the value of the buildings. However, the disposal of the revalued assets and the amount or the funds generated from the sale of such assets would be transferred to the account of retrained earning and it would also increase the valuation of the shareholders equity. The profit and loss account does not have any role in the amount generated from the sale of the revalued assets and the same does not have any adjustments. The amount of surplus generated from the revaluation of the assets is mainly the difference between the depreciation that is based on the carrying amount that is revalued and the depreciation that is based on the carrying amount of depreciation based on the original costs of the assets. The income generated from the revaluation and the treatment of the taxes on such income are recognized and made in accordance with the international accounting standard of the income taxes. The amount of loan that is borrowed from the bank by the company has increased and the company would give Peter the permission to purchase the motorhome using such extra amounts of funds only on the condition that all the operating costs incurred by the company would be borne personally by Peter. This condition is acting as a shield to the company which would protect it from running in the losses in the future. This is because if the loan amount taken from the bank would be used by peter for his personal expenses that is for the buying of the motor vehicle then this would reduce the flow of cash in the company and this might leads to the insufficient generation of cash to meet the short term obligations of the company. Therefore, in the future in order to avoid the situation of running in the losses, the company wants Peter to act as guarantor to bear all the operating cost of the company. The operating expenses of the company are not directly related with its production activities and are concerned with its day to day operations. This includes the commission paid to salesman, rent, depreciation and the repair cost incurred by the company. These expenses are mainly attributable to the non manufacturing expenses of the company. The extra amount of debt taken by the company would increase the cash flow and increase the debt of the company and using the same for the personal expenses would reduce the liabilities side of the balance sheet but would be faced with the shortage of cash flow. The companys operating cost would be met by Peter under which condition the extra amount of loan would be allowed by the company to be taken by him for the personal expenses. With regard to the loan amount taken by Peter that is the director of the company is he might enter into the written loan agreement with the company and this should involve the written commitment about the repayment of the loan within the specified time period and would be paying the interest rate that is benchmarked. If the director does not agree to bear all the operating expenses of the company, and the company is determined to make the dividend payment then in the company records the amount of loan can be converted in to the dividend amounts. If the company makes sufficient credit available to its shareholders then the dividend paid can be converted into franked dividend. When the company is using the funds for purchasing the motorhome then the assets side of the balance sheet gets increased and the company can take into account the amount of depreciation which would be deducted from the tax. As the assets sides of the company get increased, purchasing the motorhome would not have any tax implication on the Potter Pty Limited unless depreciation of the motorhome is accounted for. If the company allows the Peter to use the funds from the banks on the condition of bearing all the operating costs of the company then the personal tax liability of Peter would be reduced as Peter being the shareholder of the company, bearing the expenses would provide him the fringe tax benefits. The franking account of Potter Pty limited would remain unchanged as there is no payment of the unfranked dividend and hence no tax exemption so that there would be credit on the credit side of the franking account. All the B class shares are held by the director of the company that is Peter and if the company intends to sell all such shares to peter children that are to Tabitha who already owns the shares in of Class A. The selling of the shares of the directors to the daughter Tabitha at the market value of $ 3.50 each. The selling of the B class shares held by the director of the company to his daughter would not have any impact on the net valuation of the company and it would remain same as it is non organizational transactions as the shares are getting transferred from one shareholder to another. The affect would only be that Tabitha would have higher proportion of the shares held by her and possessing the more numbers of shares would not change Tabithas voting rights as class B shares does not carry any voting rights. Also, the shares are sold at the market value that is $ 3.50 per share and so the amount of dividend received by Tabitha would be more than those of Jemima and Samuel. This t ransaction would not impact the funding of the purchasing of the motorhome by peter. Thanking you. Recommendation and Conclusion: The plan C proposed by the company involves the course of action that would be bets suitable for Peter when it comes to assess the funding of the purchase of the motorhome. This is so because the company is giving peter the option to bear all the operating expenses and there the proceeds from the loan advances made by the bank would be used for funding of the purchase of the motorhome. The revaluation gain arising from the property revaluation would increase the equity of the shareholders. However, if the director of the company does not agree to bear the operating expenses of the company in future then the company can look for some other alternatives to protect it from the shortages of cash flows. If the loan amount is entered after the month of April, then the agreement can be made after the lodgment o the return of the income tax of the company. The agreement would be entered in with the Peter, director of the company regarding the repayment of loan within the specified time perio d along with the interest rate that would be of the industrial benchmark. This would have impact the director in the way that it would not have any increment in the amount of tax payable. Since the company has excess franking offsets during the last years, then there might not be sufficient credit available and therefore, the loan amount should not be converted to the dividends if the company is determined to make the payment of dividends. Therefore, the plan C would be appropriate when considering the funding of the purchase of the motorhome by peter. Reference: Botosan, C. and Huffman, A., 2013.A business valuation framework for asset measurement. University of Utah Working Paper. Chaudhry, A., Coetsee, D., Bakker, E., Varughese, S., McIlwaine, S., Fuller, C., Rands, E., de Vos, N., Longmore, S. and Balasubramanian, T.V., 2015. Property, Plant, and Equipment.2015 Interpretation and Application of International Financial Reporting Standards, pp.151-186. Choi, T.H., Pae, J. and Yoo, C.Y., 2013. Demand for Fair Value Accounting: The Case of Asset Revaluations in Private Versus Public Firms. Coste, A.I., Tudor, A.T. and Pali-Pista, S.F., 2014. Compliance of Non-current Assets with IFRS Requirements Concerning the Information DisclosureCase Study.Procedia Economics and Finance,15, pp.1391-1395. Dalessandro, A., 2013. Effective Strategies for Assets and Liabilities Management.Available at SSRN 2394622. Hanlon, D., Navissi, F. and Soepriyanto, G., 2014. The value relevance of deferred tax attributed to asset revaluations.Journal of Contemporary Accounting Economics,10(2), pp.87-99. Hodgson, A. and Russell, M., 2014. Comprehending comprehensive income.Australian Accounting Review,24(2), pp.100-110. Hoggett, J., Edwards, L., Medlin, J., Chalmers, K., Hellmann, A., Beattie, C. and Maxfield, J., 2014. Financial accounting. Hu, F., Percy, M. and Yao, D., 2015. Asset revaluations and earnings management: Evidence from Australian companies.Corporate Ownership and Control,13(1), pp.930-939. Kafka, S., 2014. The classification of non-current assets for accounting purposes.à â⬠¢Ã à ºÃ à ¾Ã à ½Ã à ¾Ã à ¼Ãâââ¬âÃââ⬠¡Ã à ½Ã à ¸Ã à ¹ Ãââ⬠¡Ã à °Ãâà à à ¾Ã à ¿Ã à ¸Ãâà -à à ¥Ã à ¥Ã â⬠, (01-02 (2)), pp.68-71. Kotha, A. and Jha, K., 2014. Taxation Law-Fall 2014. Lucia, P.P., Lavinia, C. and Marcel, P., 2014. AccountingTaxation Report In Terms Of Deferred Taxes On Assets Revaluation.Annals-Economy Series,6, pp.30-34. Miller, A. and Oats, L., 2016.Principles of international taxation. Bloomsbury Publishing. Oats, L. ed., 2012.Taxation: a fieldwork research handbook. Routledge. O'Hare, J., 2013.Analysing Financial Statements for Non-specialists. Routledge. Oulasvirta, L., 2016. Accounting Principles. Petrovic, N., Manson, S. and Coakley, J., 2016. Changes in Nonà ¢Ã¢â ¬Ã current Assets and in Property, Plant and Equipment and Future Stock Returns: The UK Evidence.Journal of Business Finance Accounting. Smith, J.L., 2013. Issues in extractive resource taxation: A review of research methods and models.Resources Policy,38(3), pp.320-331. Tsyutsyak, I., 2014. Current Status and Enhancing Revaluation Capital Accounting.Accounting and Finance, (1), pp.64-70. Yong, K.O., Lim, C.Y. and Tan, P., 2016. Theory and practice of the proposed conceptual framework: Evidence from the field.Advances in Accounting.
Friday, April 10, 2020
Mafia In America Essays - Genovese Crime Family, Murder, Inc.
Mafia In America Throughout history, crime has existed in many different forms and has been committed by not only individuals, but by groups as well. Crime is something that knows no boundaries; it exists in all cultures, is committed by all races, and has existed in all time periods. Crime exists as a part of the economic institution and is a lifestyle for many people. Crime also exists in both organized and un organized forms. Since the early 1900's, "organized" crime has existed in the United States. The following will show where, when, and why the Mafia came to the United States, who organized it in the United States, and how it differed from its origins in the European mafia. In the ninth century, Arab forces occupied Sicily. The native Sicilians were oppressed and took refuge in the surrounding hills. The Sicilians formed a secret society to unite the natives against the Arab and Norman invaders. This secret society was called Mafia after the Arabic word for refuge. The society's intentions were to create a sense of family based on ancestry and Sicilian heritage. In the 1700's, pictures of a black hand were distributed to the wealthy. This was an unspoken request for an amount of money in return for protection. If the money was not paid, the recipients could expect violence such as kidnappings, bombings, and murder. By the nineteenth century, this society grew larger and more criminally oriented. In 1876, Mafia Don Rafael Palizzolo, ran for political office in Sicily. He forced the voters to vote for him under gunpoint. After being elected into office, he promoted Mafia Don Crispi as Prime Minister. Together the two put Sicily under government control and funneled government funds to the society known as the Mafia. In the 1800's, New Orleans was the largest Mafia site in the United States. It was while investigating the murder of an Italian immigrant that the current Police Chief, David Hennessey discovered the existence of this secret society. Police Chief Hennessey was assassinated before this murder case could go to trial. Twelve men were charged with this assassination but were lynched by a newly formed vigilante group. The Italian Ambassador demanded that the vigilantes be tried. President Harrison who disproved of the vigilantes and gave a large cash settlement to the families of the lynched men. This was a widely publicized case because of its' foreign ramifications and the involvement of the President of the United States. Don Vito, Vito Cascio Ferro, was the first Sicilian Capo de Tutti Capi. He fled to the United States in 1901 to escape arrest and formed a group of the Black Hand. Its' members were hardened criminals currently fugitives from Sicily. He is known as the Father of the American Mafia. In 1924, Mussolini was determined to rid Italy of the Mafia so many members fled to the United States to avoid persecution. This increased the numbers of members in the organization. These fleeing Italians were well aware there was money to be made in the United States through extortion, prostitution, gambling and bootlegging. Every large city soon had its own Mafia chapter. Prohibition which was a legal ban on the manufacturer and sale of intoxicating drinks generated a wave of illegal activity since there was big money to be made. During this time, gangsters openly flaunted their wealth and power. This period established many young men as leaders in the New Age American Mafia. Charles Luciano, born in 1897 in Sicily, came to New York in 1906. He trained in the Five Points Gang, a Mafia crew, under John Torrio. In this gang, he became friends with Al Capone and other prominent gangsters. Luciano started his own prostitution racket in the early 1920's and was in total control of prostitution in Manhattan by 1925. In 1929 he was kidnapped, beaten and stabbed severally with an icepick. He miraculously survived but maintained "omerta", which is a vow never to reveal any Mafia secrets or members under penalty of death or torture. By 1935, Luciano was known as The Boss of Bosses. He had previously established Murder Inc. with Bugsy Siegel and Myer Lansky, two other well known gangsters. Luciano's wide spread criminal activities led to his being investigated by District Attorney Thomas E. Dewey. He was eventually sentenced to thirty to fifty years for extortion and prostitution. Luciano was considered to be a powerful Mafia member with strong ties to Sicily. After his conviction, the United States government approached him with a deal. In exchange for his assistance in the
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