Friday, January 24, 2020

The Dream Act Essay -- Immigration

Being an undocumented student in the U.S is literally being cursed for being born outside the country because one will find virtually all doors to the American Dream closed. Apparently working hard, graduating from high school, living here mostly a whole life, and the desire to become someone successful and contribute to this country is not enough in the eyes of the opponents to the Dream Act to qualify for neutralization. All aspirations and hopes for a better future vanish when one finds out that it’s impossible to attend a university or find a job because proof of citizenship is required. All AB 540 students experience this situation and the Dream Act is the solution to stop these sufferings. The Dream Act is a bill that was first introduced in the senate in 2001 and has been reintroduced several times but has not been successful. This bill would provide AB 540 students conditional permanent residency, allow them to qualify for some federal and state financial assistance, and after completing certain strict requirements they would soon be able to apply for their citizenship. The Dream Act should be passed not only to be fair to AB 540 students, but for the benefit of our economy, baby boomers, and the future of the United States. The Dream Act establishes a rigorous process for AB 540 students and they must meet several strict requirements. This means that not all undocumented students would qualify; only the fortunate, the brightest and overachievers would qualify. Generally â€Å"they must prove that they came to the United States before the age of 16, have lived here for at least five years, do not have a criminal record, are not removable from the country and possess good moral character† (Duncan A.19"). These students mus... ...oto, Lourdes Diaz. "IMMIGRATION TO THE U.S." The Praeger Handbook of Latino Education in the U.S. Westport, CT: Praeger, 2007. Credo Reference. Web. 16 Sept. 2014. "Standing Up for Immigrant Students." Rethinking Schools Vol. 18, No. 2. Winter 2003: 4-5. SIRS Issues Researcher. Web. 12 Oct 2014. Susan, Farley. Class Lecture. Allan Hancock College Room C-35, Santa Maria Ca. 3 Nov. 2014. Lecture. "The DREAM Act." Immigration Policy Center. Web. 8 Nov. 2014. . "Kick-starting Immigration Reform." The Washington Post. The Washington Post Company, 12 May 2011. A.20. ProQuest direct. Web. 20 Sept. 2014. Warner, Judith. "Education Costs.", â€Å"Social Security and Baby Boomers.† Battleground Immigration. Greenwood Group, 2009. 267-273, 784-785. eBook Collection (EBSCOhost). EBSCO. Web. 30 Sept. 2014.

Thursday, January 16, 2020

Problem Review Set Capital Structure and Leverage Essay

Managerial Finance – Problem Review Set – Capital Structure and Leverage If a firm utilizes debt financing, an X% decline in earnings before interest and taxes (EBIT) will result in a decline in earnings per share that is larger than X. True b. False 2) Firm A has a higher degree of business risk than Firm B. Firm A can offset this by using less financial leverage. Therefore, the variability of both firms’ expected EBITs could actually be identical. 3) It is possible that two firms could have identical financial and operating leverage, yet ave different degrees of risk as measured by the variability of EPS. ) Which of the following events is likely to encourage a company to raise its target debt ratio, other things held constant? An increase in the corporate tax rate. An increase in the personal tax rate. An increase in the company’s operating leverage. d. The Federal Reserve tightens interest rates in an effort to fight inflation. e. The company’s stock price hits a new high. 5) The firm’s target capital structure should be consistent with which of the following statements? Maximize the earnings per share (EPS). Minimize the cost of debt (rd). Obtain the highest possible bond rating. Minimize the cost of equity (rs). Minimize the weighted average cost of capital (WACC). 6) Which of the following statements isAs a firm increases the operating leverage used to produce a given quantity of output, this will normally lead to an increase in its fixed assets turnover ratio. b. normally lead toa decrease in its business risk. normally lead to a decrease in the standard deviation of its expected EBIT. d. ormally lead to a decrease in the variability of its expected EPS. e. ormally lead to a reduction in its fixed assets turnover ratio. 7) Reynolds Resorts is currently 100% equity financed. The CFO is considering a recapitalization plan under which the firm would issue long-term debt with a yield of 9% and use the proceeds to repurchase common stock. The recapitalization would not change the company’s total assets, nor would it affect the firm’s basic earning power, which is currently 15%. The CFO believes that this re capitalization would ikely to occur if the company goes ahead with the recapitalization plan?