Exercises 1. Synergy Valuation a. Cost and revenue synergies Managers of an acquiring company anticipate cost savings pretax of $50 million in the first year of the deal and $100 million the next and that thereafter the savings would grow @ inflation‚ 2%. Marginal tax rate is 30%. The firm must invest $1 billion to achieve these savings and starting in the third year must spend 5% of the pre-tax savings to sustain the rate of savings. As part of rationalization of operations‚ some assets will be
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"A Good Man is Hard to Find": The Grandmother’s Grace Flannery O’Connor’s "A Good Man is Hard to Find" tells the metaphorical tale of a family’s fatal confrontation with The Misfit‚ an escaped serial killer. The incidents and characters throughout the story are aspects of a plot intending to symbolize the spiritual grace passed from one human to another‚ without regard for kindness or evil. The prominent character in O’Connor’s story is the grandmother‚ who embodies this grace. By including
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A Good Man Is Hard To Find ~Theme~ In the story “A Good Man Is Hard To Find‚” I particularly liked the opening quote‚ “The dragon is by the side of the road‚ watching those who pass. Beware lest he devour you. We go to the Father of Souls‚ but it is necessary to pass by the dragon.” This quote‚ when I first read it‚ didn’t have as much impact until after I had finished the story. I felt it made me go back and re-read both the quote and the story. In doing so‚ I got more from it. What I concluded
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Living a virtues life In the book A World of Ideas by Lee A. Jacob‚ we come across a wise man Aristotle. He explains that there are two kinds of virtue: intellectual and moral. Our virtue is what makes us different. Intellectual virtues is what we are born with and what we learn in the world and it is our job as humans and what we have inherited that makes our desire to learn more powerful than ever before. We develop wisdom to help guide us to a good life and knowledge leads us to be successful
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not. Society thinks that conformity is huge part of life‚ that it keeps everything together. Conformity is important‚ but what’s more important is being unique‚ being yourself not someone you’re not. It is not good for individuals to change their feels‚ beliefs‚ looks‚ or actions to fit in with society because you’re basically changing your image to impress people. Conformity causes people to be something their not. In the movie “Dead Poets Society” Mr.Keating wants his students to discover their
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great philosophers that attempts to answer a couple of very important questions‚ one of which is what is justice? As the book moves from one argument to the next‚ there seems to be an ongoing debate of what exactly is meant by justice and the just man. In Book IV‚ we finally begin to see essential progress made in regards to the elements of a just city. They are able to determine that a just city consists of three social classes‚ the Guardians (Ruler’s of the City)‚ Auxiliaries (Protectors of the
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It has been argued that morality or virtue are constitutive of self-interest or‚ as one could put it‚ ‘its own reward’. By being moral we are benefitted in one way or another‚ whether that be due to happiness or the result that the action of morality leads to‚ such as some form of recognition‚ which in turn usually leads to happiness. One philosopher who agreed with this view was Plato. His argument is psychological; he said that if you act immorally‚ your soul will be at war with itself. This occurs
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Exercise 16–1 Requirement 1 Since taxable income is less than pretax accounting income‚ a future taxable amount will occur when the temporary difference reverses. This means a deferred tax liability should be recorded to reflect the future tax consequences of the temporary difference. Income tax expense (to balance) 140‚000 Deferred tax liability ([$400‚000 – 250‚000] x 35%) 52‚500 Income tax payable ($250‚000 x 35%) 87‚500 As a result‚ net income is $260‚000: Pretax accounting
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Virtue ethics is a theory used to make moral decisions. It does not rely on religion‚ society or culture; it only depends on the individuals themselves. Aristotle is the main philosopher of Virtue Ethic. Aristotle’s writings have been read more or less continuously since ancient times‚ and his ethical treatises continue to influence philosophers working today. Virtue‚ according to Aristotle‚ is equivalent to excellence (Hutchinson‚ 41). A man has virtue as a guitarist‚ for instance‚ if he plays
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Doris Daniels Professor Magnani ENC 1102.1713 4 February 2015 “A Good Man Is Hard to Find” In the fictional story “A Good Man Is Hard to Find‚” the author Flannery O’Connor uses good‚ evil‚ guilty and innocent characters to deliver her countless messages. The story takes place in Georgia in 1953 when the Grandmother and her family decides to take a road trip to Florida. However‚ before they get to their destination‚ the Grandmother gets her son Bailey to take a side dirt road to look at an old
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