Free Essays on Acapulco

I have sojourned many interesting places of Mexico in the past few years: Mazatlan, Puerto Vallarta, Guadalajara, and Monterrey, to name a few; but the most unusual and exciting place I have come to visit is Acapulco. Located on the luxurious south western Pacific Coast of Mexico, the coast overlooks one of Acapulco’s best views were one can view the daring feats performed by the La Quebrada cliff divers, and the Coyuca Lagoon a beautiful fresh water lagoon. Many people that live in Mexico are not even aware that this magical place even exists. It’s a secret place that many visit but few actually know about its events or activities that go on throughout the day and night time. The best breath taking view to watch the fearless â€Å"cliff divers† is a small plaza across the inlet. It might not be the highest dive, but certainly the most famous, scenic and possibly the most dangerous dive in the world. Divers as brave as they seem they attain the shrine as if it was their last minutes of life. Then they plunge into a narrow creek which is safe only when the waves fill it with water. They must dive at just the right moment. If not â€Å"splat† you dive on pure rock. Many say that even when the dive is precise it feels as if the water had a thick layer of concrete waiting to be punctured by the divers. In Coyuca Lagoon you can rest assured that you will get that feeling of a completely different world. This is a world that has not yet accepted the hectic, modern way of life. Coyuca lagoon has the best tourist services that will help you enjoy its tropical beauty. Here at the lagoon a tour includes taking a boat along the coast that floats through the thick vegetation and wildlife. Not only will you be able to enjoy its natural beauty of the lagoon but the variety of exotic birds at the Bird’s island, which are bird sanctuaries full of black and white herons, pelicans, ducks, and dozens of other tropical species. Coyuca lagoon is als... Free Essays on Acapulco Free Essays on Acapulco I have sojourned many interesting places of Mexico in the past few years: Mazatlan, Puerto Vallarta, Guadalajara, and Monterrey, to name a few; but the most unusual and exciting place I have come to visit is Acapulco. Located on the luxurious south western Pacific Coast of Mexico, the coast overlooks one of Acapulco’s best views were one can view the daring feats performed by the La Quebrada cliff divers, and the Coyuca Lagoon a beautiful fresh water lagoon. Many people that live in Mexico are not even aware that this magical place even exists. It’s a secret place that many visit but few actually know about its events or activities that go on throughout the day and night time. The best breath taking view to watch the fearless â€Å"cliff divers† is a small plaza across the inlet. It might not be the highest dive, but certainly the most famous, scenic and possibly the most dangerous dive in the world. Divers as brave as they seem they attain the shrine as if it was their last minutes of life. Then they plunge into a narrow creek which is safe only when the waves fill it with water. They must dive at just the right moment. If not â€Å"splat† you dive on pure rock. Many say that even when the dive is precise it feels as if the water had a thick layer of concrete waiting to be punctured by the divers. In Coyuca Lagoon you can rest assured that you will get that feeling of a completely different world. This is a world that has not yet accepted the hectic, modern way of life. Coyuca lagoon has the best tourist services that will help you enjoy its tropical beauty. Here at the lagoon a tour includes taking a boat along the coast that floats through the thick vegetation and wildlife. Not only will you be able to enjoy its natural beauty of the lagoon but the variety of exotic birds at the Bird’s island, which are bird sanctuaries full of black and white herons, pelicans, ducks, and dozens of other tropical species. Coyuca lagoon is als...

Caroline Young Murdered Her Grandchildren for Revenge

Caroline Young Murdered Her Grandchildren for Revenge Carolina Young was a 51-year-old grandmother who was  convicted of murdering her two grandchildren. She received the death penalty. Young stabbed the children to death after learning that she had lost a custody battle with her grandsons father.   Young received custody of her two grandchildren because their mother, Vanessa Torres, was deemed unfit and was sent  to jail after she was convicted of being involved in drugs and prostitution. Torres testified that on June 18, 1993, the day of the murders, she saw blood on her mothers clothing and then found her son,  6-year-old son, Darrin Torres, lying on the bed dead with his throat cut. Carolina Young had stabbed herself in the abdomen at least a dozen times. When Torres picked up Darrin and then placed a call to the police department, Young took 4-year-old Dai-Zshia Torres into another room and stabbed and slashed at her until her to death. With the child dead beside her, Young repeatedly told her daughter that she no longer wanted to live. According to Torres, her mother Carolina Young, killed the children because she was angry that she had lost custody of the boy to his father. The father, Barrington Bruce,  a Marine recruiter from Virginia, did not know that he had a son until he was contacted by the state and told that he owed $12,000 in back child support. He then petitioned the court for custody of Darrin and received it. Bruce had arrived in the Bay Area on the same day as the murders. He was scheduled to pick up Darrin and bring him on a permanent basis to his home in Virginia. Young wrote a letter to her grandchildren and to their father on the day that she murdered them, saying in part,  I am a very unhappy spirit now on a rampage to get even with all that hurt me and mine, Young wrote to the boys father. Ill be back to show you how it feels to lose someone you really love . . . your daughter. Im coming back for her. Every baby your wife has I will come back and get.   Prosecutor Ken Burr said that before the children were murdered, Young told a friend,  I will kill the kids and take them with me to hell. Youngs lawyers argued that she should not be found guilty by reason of insanity and at the very most should be convicted of second-degree murder because the murders were not premeditated. The jury deliberated for just two and a half hours  before deciding that Young was guilty of first-degree murder and should receive the death penalty. Penalty Phase During the penalty phase of the trial,  Barrington Bruce  testified that when he learned that he had been granted custody of his son Darrin, that he felt like Christmas magnified by 10 but added that a dark cloud came over me when he found out that his son had been murdered. Youngs lawyer, Michael Berger, said that she committed the murders because she was mentally ill.   Berger told the judge, What sits before you is a sick woman and we have reached the point in the late 20th century where we dont execute sick people,   Vanessa Torres made a last-minute appeal for mercy in an effort to save her mothers life. Verdict Superior Court Judge Stanley Golde did not agree with Bergers assessment of Young, saying that her emotional problems had no effect on her ability to know what she was doing.  The judge then sentenced Young to death. In issuing the death sentence, the judge said Youngs conduct was totally repulsive to society and the killing of children is in effect the death of all society. Carolyn Young was the first woman ever given the death penalty in Alameda County, or so it is believed. On September 6, 2005, Young died of kidney failure at Central California Womens Facility in Chowchilla, California. Natural death is the most common way that death row inmates die in California. Since 1976, 13 men convicted of murder have been executed in California. The last woman executed in California was  Elizabeth Ann Duncan who was convicted of planning the murder of her daughter-in-law. Duncan was executed by the gas chamber in 1962.

Shown in the instruction Essay Example | Topics and Well Written Essays - 750 words

Shown in the instruction - Essay Example Atoms link up to form molecules. These atoms might either be of the same element or of different elements. Depending on the characteristics of these atoms, molecular or ionic bonds are formed. The number of electrons present in each atom is what really determines the kind of bonds to be formed. Electronegativity is the tendency that an atom has to attract electrons in a chemical bond. An ionic bond is formed when the elements involved have significantly different electronegativity. This means that the probability of ionic bonds being formed is higher when the difference between the electronegativity of the two elements is greater. It is also important to note that electrons are lost and gained by atoms in order to obtain a stable electron configuration. The atom with lower electronegativity loses an electron to the one with higher electronegativity. The net charge of the atoms then becomes positive or negative due to the loss and gain of an electron respectively. The two atoms thus charged oppositely attract each other and this is an ionic bond formed. Atoms are then interconnected through attraction throughout a substance. Substances whose atoms are bonded in this way are termed as ionic. These substances have common characteristics although they might differ slightly due to factors such as the strength of the bond formed. Covalent bonds are formed when atoms share electrons forming molecules. Sharing of electrons depends on the orbitals among other properties. Quite a number of theories have been formulated to explain how covalent bonds are formed. Electrons are shared to obtain a stable electron configuration. Many molecules of this type then make up molecular substances. Molecular substances generally occur as gases, liquids or solids with low melting points. This is because the intermolecular forces of attractions are relatively weak. The

Pepsi Case Study Example | Topics and Well Written Essays - 750 words

Pepsi - Case Study Example The company has heavily relied on the use of social media in order to promote its products. The case even outlines how Pepsi plans to distribute the grants and how grant proposals can be submitted. There are various commonalities that can be identified by reviewing the slogans that Pepsi has used to advertise itself. One of the most common themes in these slogans was the youth of the society. In various slogans Pepsi has associated itself with people from the younger generation for example the slogan of 1961 states that those individuals who think that they are young should consume Pepsi. In order to target the youth and to develop its image as a product that has been developed for the youth the slogans mostly focus on the elements of adventure and youthfulness. Another theme that the company has used to advertise its cola is the theme of social ability. It has tried to again and again create the idea that people who aim to socialize more or are individuals who find it easy to socialize should drink Pepsi Cola. Pepsi has quite effectively used different elements of the marketing mix and has left no stone unturned to reach their consumers. They have used the element of advertising by aggressively using social media and they have even advertised on more than 30 cable television channels as well as sponsored reality shows. They have used the element of public relations in which they are trying to develop healthy relationships by positioning themselves as a socially responsible company (Du, 2000, p.3). For the purpose of public relation they have used the refresheverything.com website that allows webpage visitors to select different social causes that need donations and funding. Furthermore, they have use public celebrities such as Mark Sanchez to act as spokespersons of their new grant campaign. Overall the company has quite effectively used various marketing mix elements and created a well-designed

Natural Disasters Essay Example for Free

Natural Disasters Essay There is certain order in the world. The planets move in their orbit around the sun. The disasters which occur naturally are known as natural disasters. There are infinite natural disasters. Some of them are landslides, floods and volcanic eruptions. By taking the example of planets orbiting around the sun, the question rises that how do these devastating disasters occur? Floods occur in those areas which are closer to seas. Due to heavy rain, the sea water increases and spills out over the area with speed and destroying everything. Flash floods are another example of floods which occur suddenly. All the land and fertile soil is destroyed. Landslides occur in mountains. They occur by a number of reasons in which earthquake is the main reason. It causes the mountainous slopes to weaken the saturated soil which run down the hill and kills every thing in the way. It blocks the way for people to travel. Volcanoes are fractured structured located on the crust which fall within the mass of the definition of planet. The earth allows hot lava to escape from the magma which is below the surface. This occurs when the earths crust breaks in some major parts. Erupting volcanoes cause many hazards such as volcanic ash, which is a threat to aircraft, mainly in jet engines where ash particles are melted due to high temperature. This destroys the turbine blades. After a lot of research it is still not known how volcanic eruption can be prevented. Researchers have stopped looking for prevention of volcanic eruptions.Mans defences are too weak in comparison to nature. It is often expected that natural disasters are natures way of keeping human population in check. Are any of these disasters caused by man Man is not the cause of volacanic eruptions, but he plays a role in weather related disasters as floods. Everyone knows that weather is being affected by clearing of forests on earth. This is within our control. Hence some disasters can be controlled. All we have to do is to hope for a day to come when we could control all  natural disasters. Till then we have to remain at the mercy of nature.

Othello vs. Iago :: essays research papers

In this thesis I will explain the reasonings behind Iago . Iago is obviously the "bad apple" in this book and I will explain several reasons for this behavior. Iago is the whole reason there is any conflict in Othello. If he never had entered the play Othello would have married Desdemona and they would have lived happily ever after. Right from the beginning of the play to the very end he causes conflicts. He is directly or indirectly responsible for the deaths of: Othello Desdemona, Emilia, Cassio, and Roderigo. In the very beginning of Act 1 Iago displays his hatred for Othello. He is angry at him for making Cassio the lieutenant. He then tells Roderigo that Othello and Desdemona are getting married. The two of them then go tell Desdemona's father, Brabantio, that Othello and his daughter had gotten eloped. This infuriates Brabantio. Soon after Brabantio gets a gang after Othello. Iago's treachery is first displayed hear. Iago was the person who insighted the whole ordeal. As soon as everyone arrives in Cyprus, Iago puts his plan in effect. He gets Roderigo to believe that Cassio and Desdemona are in love. This is a very significant part in showing Iago's evil. He gets Roderigo to develop a hatred for Cassio who just happens to be a victim of circumstance. He gets Cassio drunk then has Roderigo provoke a fight. Soon after Cassio stabs a man named Montano. Othello comes out and dismisses Cassio from lieutenancy. Iago is still not satisfied with his treachery. He still wants to be lieutenant. He convinces Cassio to arrange a meeting to talk with Desdemona about re-instating him as lieutenant. Cassio doesn't really know why Iago wants him to meet with Desdemona. At the end of this act Cassio says: "I never knew a Florentine more kind and honest." This line shows Cassio is not in the wrong, Iago is masterminding all of it. Othello sees Cassio talk with Desdemona and Iago comments on how that is suspicious.

Stock and Long Term Trend

Team 1 Monmouth Case 1. Is Robertson a good candidate for Monmouth (assuming the price is right)? Why? Yes. Robertson Tool Company had been going through a few years of low sales and profit, and, coupled with conservative financial and accounting practices, was far behind the normal growth rate for companies in its industry. Robertson’s 50% control of the market for clamps and vises, along with its good position in the scissors and shears’ $200 million market, let it compliment the diverse holdings of Monmouth.These are attractive attributes of Robertson, but the selling point lies in the distribution network consisting of 2,100 wholesalers and 15,000 retail outlets. The Robertson products are sold in 137 countries worldwide. This avenue to market Monmouth and Robertson products across resources could lead to above average growth and profits. 2. Estimate a WACC for the acquisition. Invested Capital| ? | $37,696,000 | ? | ? | ? | Debt| | $12,000,000 | | | ? | Equity| | $ 25,696,000 | | | ? | ?| | | | | ? | Current market price| | $44 | | | ? |Shares outstanding| | 584,000| | | ? | ?| | | | | ? | Unlevered Beat of Comparables| | 0. 725| | | ? | Debt/Capital of Comparables| | 32%| | | ? | Levered Beta| | 0. 86| | | ? | Risk free rate| | 4. 10%| | | ? | MRP| | 6. 0%| | | ? | ?| | | | | ? | Cost of equity| | 9. 28%| | | ? | ?| | | | | ? | Sources of capital| | | Weights| | After-tax cost| Debt| | | 31. 83%| | 3. 64%| Equity| | | 68. 17%| | 9. 28%| ?| | | | | ? | YTM| 6. 070%| Tax Rate| 40%| WACC| 7. 5%| 3. Discuss whether you think the forecast prepared by Vincent and Rudd is reasonable. Why? Be specific.We think the forecast is not reasonable since they forecast was too optimistic and subject of their sales growth. a) The growth rate estimate in the future they use is approximately 6%. The current growth rate is just 2% that cannot be increased as 2 times as large in a short time, although it might increase due to the sales increase after the merge and acquisition of the Monmouth and Robertson. b) NWC should be as a percentage of sales. c) Terminal Growth rate shouldn’t be zero but around 2%. d) The estimations of SG&A cost and COGS are reasonable.The merger and acquisition will result the percentage SG&A and COGS of sales respectively gradually decrease by increasing the manufacture efficiency and inventory turnover. Therefore, we decided to change the growth rate from 6% to 3% in the pro-forma, we will have the value of the firm calculated out from the pro-forma is $50 million instead of $56 million. 4. Prepare a value estimate for Robertson equity using the DCF method and info from steps 2 and 3 above. ?| Actual| Forecasts| ?| 2002| 2003| 2004| 2005| 2006| 2007| ?| | | | | | ? | NOPAT| 1. 8| 2. 4| 3. 1| 3. 8| 4. 2| 4. 4|Plus: Depreciation| 2. 1| 2. 3| 2. 5| 2. 7| 2. 9| 2. 9| Less: CAPEX| | -4| -3. 5| -3. 6| -3. 8| -2. 9| Less: Change in NWC| -1. 4| -1. 5| -1. 6| -1. 6| 0. 0| Firm Free Cash Flow| -0. 7| 0. 6| 1. 3| 1. 7| 4. 4| ?| | | | | | ? | ?| | | | | | 81. 9| Firm Value (millions)| 85. 95| | | | Terminal g| 2%| Less: Debt| 12| | | | | ? | Equity Value| 73. 95| | | | | ? | Shares Outstanding| 584000| | | | | ? | Price per share| 12. 66| ? | ? | ? | ? | ? | 5. Estimate a value for Robertson equity based on the comparables approach. | Actuant Corp. | Briggs & Stratton| Idex Corp. | Lincoln Electric| Snap On Inc. Stanley Works| Robertson Tool Co. |   | | | | | | |   | Collection Period (days)| 55| 77| 47| 61| 96| 77| 53| Inventory % Sales| 12%| 18%| 13%| 17%| 18%| 16%| 33%|   | | | | | | |   | Operating Margin % Sales| 17%| 13%| 20%| 15%| 10%| 15%| 5%| Return on Capital| 21%| 9%| 10%| 12%| 11%| 14%| 4%|   | | | | | | |   | Times Interest Earned| 3. 8| 3. 2| 7. 1| 11. 5| 7. 8| 9. 3| 3. 5| Debt % Capital| | | | | | |   | ?  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   balance sheet values| 98%| 52%| 30%| 27%| 29%| 40%| 28%| ? market values| 29%| 37%| 20%| 17%| 19%| 24%| 37%| Bond Rating| BB-| BB+| BB B| -| A+| A| -| | | | | | | |   |Value of Firm ($ mil)| $ 712| $ 1,443| $ 1,191| $ 1,145| $ 1,861| $ 3,014| $ 29| EBIAT ($ mil)| 55| 119| 98| 90| 129| 234| 1. 80| EBIAT Multiple| 12. 8| 12. 1| 12. 2| 12. 7| 14. 4| 12. 9| 16. 1|   | | | | | | |   | Share Price| $ 42| $ 42| $ 29| $ 22| $ 26| $ 27| $ 30| Earnings Per Share| 2. 80| 3. 20| 2. 00| 1. 78| 1. 80| 2. 32| 2. 32| Price/Earnings| 15. 0| 13. 1| 14. 5| 12. 4| 14. 4| 11. 6| 13. 5| Average p/e multiple is 13. 5 Use the p/e multiple to multiply Robertson’s earning per share=13. 5*2. 32=31. 32 Now Robertson issued 584,000 shares So the equity value is 18,290,880 6.What price will be necessary to gain the support of the Robertson family, Simmons, and the majority of shareholders? What are the interests, concerns, alternatives for each group? . | Robertson| Simmons| Majority of SHs| Price| $32. 82| $50| $30| Interest| Distribution system| Interested in electrical equipment, tools, nonferrous metals, and rubber products| To improve the EPS of Monmouth in the next five years. | Concerns| A relatively poor sales and profit performance| NDP Stock price fluctuates| Poor company Performance Relative to the Industtry| Alternatives| NDP, Simmons, Monmouth| 133000 shares| NDP vs Monmouth| . Does Monwouth have an advantage over NDP in the bidding contest? Do you think NDP will raise its offer in response to Monmouth offer? The synergies created by a merger between Monmouth and Robertson are clearly greater than that of NDP. As a publisher and manufacturer of auto parts, the benefits would not be as many as that of Monmouth. NDP must consider how much it is willing to spend or borrow in order to make a bid greater than Monmouth. If Simmons receives his $50/share, he will be accepting of the merger, and support Monmouth.This will turn the favor to Monmouth, as an acquisition by NDP would surely devalue the resources of Robertson instead of using synergies created by mixing markets and offering new, complimenting , product lines. In fact, as Robertson is undervalued in the market because of unsystematic latencies and inefficiencies, the $50/share price demanded by Simmons might be less than the long-term gain inherent in the merger of Robertson and Monmouth. 8. What price can Monmouth pay without harming its long term trend in earnings per share ? Finance texts focus on net present value of cash flow to make investment decisions.Are companies therefore foolish if they make acquisitions based at least in part on earnings per share impact? First, we need to forecast Robertson’s net income if it is acquired by Monmouth, assuming its interest expenses will be $0. 8 million for the next five years. Second, we will forecast Monmouth’s total net income after acquisition of Robertson. Monmouth must raise funds to make this acquisition. The company anticipated making the acquisition by issuing stocks. Thus, we will calculate how many shares Monmouth should issue without harming its long term trend in earnings per share, and total shares outstanding after acquisition.We know that currently stocks of Monmouth and Robertson closed at $24 and $44, respectively; therefore, we can calculate the exchange ratio as $44/$24=1. 83x. If Monmouth acquired the entire Robertson by an exchange of stocks at a price of $44 per share, the shares that Monmouth needs to issue is 1. 07 (1. 83*0. 584) million. As a result, Monmouth’s total shares outstanding after acquisition would increase to 5. 28 (4. 21+1. 07) million. Now we know the total net income and total shares outstanding after acquisition, we can then calculate the after-merge earnings per share of Monmouth.According to the table below, the row in green shows that the after-merge EPS is lower than the before-merge EPS during the first two years, but will become higher in the following three years. Therefore, if we paid $44 per share for Robertson’s stocks, we can acquire the entire Robertson’s stocks wit hout harming Monmouth’s long term trend in earnings per share. Using the same techniques, we can estimate the price range that Monmouth can pay without harming its long term trend in earnings per share.We can use the Goal Seek function in Excel to estimate the highest exchange ratio. As you will see in the table below, the exchange ratio can increase up to 1. 98x without harming Monmouth’s long term trend in earnings per share. Therefore, using the exchange ratio of 1. 98x, we can estimate the per share price paid for Robertson’s stocks. The estimated price would be $47. 52 (1. 98*24) per share, higher than Robertson’s current trading price of $44, therefore will attract the shareholders of Robertson’s to sell; but still on’t harm Monmouth’s long term trend in earnings per share. However, EPS plays very little role in deciding whether an acquisition is good or not, since a company’s net income after acquisition and total shares outstanding can be affected by many factors. Acquisition will bring synergies to the acquiring company, such as cost savings and efficiency. Also, the acquiring company may not need to buy the entire target company’s outstanding stocks to gain control. As a result, EPS could also change due to these factors. Thus, NPV is a better alternative to value an investment.