Saturday, February 29, 2020

Changes During The Booming 1950s

Prosperity in the 1950s After the Second World War, the world changed and the lives of people changed. While North Americans see economic prosperity and improvements in life, every region of the world is trying to recover from the tragedy of war. The increase in demand for military products has resulted in an increase in the manufacturing industry. In Canada, as the army gets married back, mass production of baby boomers and various products boost the economy. Historians in the 1950s prosperous economy using the word prosperity, prosperous suburbs, and most importantly the so-called baby boom. This prosperity began in 1946. At that time, the number of babies reached a record level - 3.4 million people - born in the United States. In the 1950s, about 4 million babies were born each year. Generally, when prosperity flourished in 1964, there were about 77 million baby boomers. After the end of the Second World War, many Americans were enthusiastic about laying babies as they believed th at peace and prosperity are only the future. In many respects, they are correct. Between 1945 and 1960, the gross national product doubled from over $ 200 billion to over $ 500 billion. Turbulence I, 1920 - 50 years from 1920 to 1950, the effects of war, economic turmoil, and devastating social change. During this period, the roar of the 1920s will show economic prosperity, economic collapse of the Great Depression, and social destruction of the Second World War. Meanwhile, the government will introduce large-scale tariff protection to Australian manufacturers and strive to improve the economy and create employment. This protection is the largest in the tire manufacturing and apparel industry, which is a very powerful industry in Dunlop. These tariffs hinder Dunlop's import from abroad, but it will have a long-term impact, which will lower Dunlop's competitiveness to succeed in the global market. In the 1950s, Americans forgot the war and enjoyed a long economic boom (Butler). The e conomic boom of the 1950s and the 1960s was caused by a sharp increase in demand but it also reflected another long-term trend - mass production. By the eye-catching example of Henry Ford's Model T industry Have adopted large-scale production strategies and technologies to meet increasing public demand (Barton). The Great Depression has finally disappeared from the hearts of people, and many people did not want to participate in another war. It is said that many people do not know very little about the Korean War, but maybe people just want to avoid another war.

Thursday, February 13, 2020

Bailey Corporation Case Study Example | Topics and Well Written Essays - 1250 words

Bailey Corporation - Case Study Example Capital structure represents the proportion in which various long-term capital components are employed. The capital decisions have been recognized as the most important decisions affecting the successful working of any firm. This is due to the fact that the capital structure affects the cost of capital, net profit, earnings per share, dividends payout ratio and liquidity position of the firm. These variables coupled with a number of other factors determine the value of a firm. Therefore capital structure is a very important determinant of the value of a firm. There are different forms of financial securities offered by a company in order to secure the required funds from the investors. The most common method of raising long term finance is the issue of common stock. The common stocks of a corporation do not carry any special rights in terms of payment of dividend as compared to preferred stock. Preferred stocks carry a specific percentage of return on the investments by the preferred stock holders. In addition the preferred stock holders stand in priority to the common stock holders in getting a distribution of the assets of a corporation in the event of its winding up. In some instances the preferred stock holders also carry special voting rights as distinguished from the common stock holders. Convertible securities are bonds or preferred stocks that are convertible into a specified number of shares of common stock at the option of the stock holder. This is yet another of form financial security being offered by the corporations to secure the long term investment of the stock holders. The convertible security provides the convertible holder a fixed return in the form of interest or dividend and also the option to exchange a bond or preferred stock for common stock. Warrants and derivatives are a relatively long term option to purchase common stock at a specified exercise price over a specified period of time. Warrants are used to obtain a lower interest rate and to raise funds when the firm is considered as having a marginal credit risk. Warrants are also issued to compensate the underwriters and venture capitalists at the time of founding a company in return for their services or as commission payable to them. (Chapter 22) Bailey Corporation Case a) Number of Shares Outstanding 1,800,000 New shares Issued 800,000 Total Number of Shares 2,600,000 Retained Earnings $ 7,580,000 Earnings per Share after the Offering $ 2.92 (7,580,000/2,600,000) Assumed price earnings 12 Initial Price per share 12 * 2.92 $ 35.04 b) Total proceeds 800,000 * $ 35.04 $ 28,032,000 Less: Underwriting spread @ 5% $ 1,401,600 Less: Out of Pocket Expenses 300,000 Total Cost $ 1,701,600 Net Proceeds $ 26,330,400 c) Current Earnings $ 7,580,000 Number of original outstanding stock 1,800,000 EPS on original stock outstanding $ 4.21 ($ 7,580,000/1,800,000) Return needed for achieving

Saturday, February 1, 2020

MGM600-0803B-02 Applied Managerial Decision-Making - Phase 1 Essay

MGM600-0803B-02 Applied Managerial Decision-Making - Phase 1 Discussion Board - Essay Example On the other hand, continuous data is the information that can be calculated using scale or continuum. Continuous data comprises all types of numerical and it can be subdivided to have a better understanding into units and sub units depending on the accuracy required for a measurement. Discrete data gives input whether a variable is good, bad, on or off while continuous data can be measured in time, size, length, width, cost and temperature. Money, time and temperature are continuous data. For example, when we measure a slab of equal size, slabs that do not comply with the specifications will be put aside and this would be discrete data because slabs are separated because it is not as per the specifications. Since the data is collected to measure the slabs of specific size, it is continuous data. This example involves the measure of continuous data but discrete data forms a part of it (Karthik, 2003, Continuous Data). The American Heart Association encourages the reduction of fat in food available in restaurants, bakers and in packaged form. The association basically promotes safe food and oil consumption and has set up the 1-800 numbers for consumers to clear their doubts about food safety thereby promoting healthy eating habits (American Heart Association Calls on the U.S., 2007). Some of the commonly asked question is advice on changing the snack eating habits of obese children. This question received at 1-800 was put up at SUNY Upstate Medical University Health Connections who suggested the child should be taken to the primary care provider since the child may have basic health problems which should be checked. If it is a case of general condition, parents are referred to avail information from Mayo Clinic through the online Health library of CNN. This is a discrete date because obesity of the child cannot be measured but can be called as obese (Are Evening Snacks OK?