Writing Articles - How to Improve Your Article Writing!

<h1>Writing Articles - How to Improve Your Article Writing!</h1><p>If you've at any point attempted to compose an article however not exactly sure what sort of article composing that you ought to do, you might be keen on taking a stab at something new. Regardless of whether you are a tenderfoot or an accomplished proficient, figuring out how to compose an article can appear to be an overwhelming errand. It might even appear that the trouble of composing articles is simply so incredible that you essentially surrender and quit attempting to get by out of it.</p><p></p><p>It's actual that article composing isn't generally a straightforward undertaking. The facts confirm that nobody can hope to have the option to compose articles without a preparation. But then, article composing can be done.</p><p></p><p>Writing articles professionally, however, isn't in every case simple. There are a great deal of things that you need to learn. A great deal of things you need to do. You need to realize when and how to alter and edit your articles and you need to find out about how to structure and organization your articles.</p><p></p><p>One thing that you can do to diminish the pressure of article composing is to ensure that you plan your articles ahead of time. Calendar it with the goal that you get the best possible measure of time for it. Planning your articles ahead of time ensures that you are completely dedicated to your objective of getting enough hours in a day to keep in touch with them. It additionally encourages you lessen the measure of time that you spend on research and ensuring that your articles are right and updated.</p><p></p><p>In option to having a decent calendar for your articles, you likewise need to gain proficiency with certain tips and deceives about how to improve your article composing. For instance, the best way to figure out how to do su ccessful article composing is to know the various methods and stunts that different journalists use to complete all the more writing in less time. Not all article essayists realize how to utilize phrases, accentuation, syntax, and different tips and deceives. It's a lot simpler to get the little-known techniques once you'learned how to utilize them yourself. Be that as it may, you can even now attempt to do as such by asking help from a specialist or two and maybe employing somebody to help you in this area.</p><p></p><p>There are numerous approaches to improve your article composing. Basically it's a fine art and there are a wide range of ways that you can enhance. Now and again, simply following a lot of rules is sufficient to improve your articles to such an extent. You simply need to locate the correct tips for you.</p><p></p><p>No matter what you do, you need to recall that article composing isn't simple and it requires a specific measure of responsibility and aptitude. You don't should be an essayist to do it and neither do you should be a specialist to have the option to figure out how to improve your articles. You simply need to realize where to look and become familiar with the suitable procedures and tricks.</p>

College Music Essay Topics - How to Write a Good College Music Essay

<h1>College Music Essay Topics - How to Write a Good College Music Essay</h1><p>The College Music Essay point is likely the most widely recognized sort of paper that understudies compose for a class. In any case, as somebody who is additionally an educator, I have seen a slight change in the manner understudies approach composing these sorts of essays.</p><p></p><p>When I began instructing, I had numerous understudies that didn't take long to compose their articles. They utilized the single divided style in class, and their paper was done in around five minutes. This brought about some great papers that necessary just two or three pages.</p><p></p><p>Now, I have numerous understudies that take four or five weeks to compose their expositions. They don't utilize the single-dispersed style, and they regularly don't utilize spell check. The outcome isn't just an article that take more time to complete, however one that rea d significantly more gravely than it would if the author set aside some effort to compose it right.</p><p></p><p>When it comes to how to compose a decent paper, there are no rigid principles. It just relies upon what style you use, and on what style your crowd will be. One procedure that I have discovered functions admirably with more youthful understudies is the utilization of a pen and paper to compose the essay.</p><p></p><p>Once they get into their 20s, the utilization of a PC for their assignments and expositions takes a rearward sitting arrangement. Along these lines, when they are attempting to get their article composing, this procedure does the stunt very well. Indeed, it may even be better than a PC in light of the fact that numerous more seasoned understudies probably won't be open to utilizing a PC for their essays.</p><p></p><p>Additionally, some more established understudies may fear rounding out s tructures on the web or presenting their paper electronically. Thusly, utilizing a pen and paper permits them to finish their article before they turn in the shape or send the exposition electronically. This implies they don't miss cutoff times or miss due dates.</p><p></p><p>Finally, with regards to how to compose a decent article, there are a lot of assets accessible to support you. For example, you can discover many free instructional exercises at sites, for example, EdSurge. These sites will assist you with formatting your exposition and find out about various composing styles.</p><p></p><p>There are likewise numerous incredible courses that you can select that will show you how to design a paper. These courses will show you how to utilize legitimate sentence structure, how to utilize a word reference, and how to make a postulation explanation. On the off chance that you are uncertain of how to compose a decent paper, or in the eve nt that you need to become familiar with another method for your understudies, you should look at these courses and see what they need to offer.</p>

Financial Analysis of Bevan Industries

Financial Analysis of Bevan Industries Bevan Industries’ current cost of capital From the given information, the cost of capital for Bevan Industries comprises of the cost of debt, the cost of preferred stock, and the cost of common stock. A combination of all these three components constitutes the current cost of capital of the firm. This is also known as the firm’s Weighted Average Cost of Capital (WACC). Discussed hereunder is the step by step calculation of Bevan Industries’ current cost of capital (Barber, 2004). Cost of Debt (Cd) Cd = I (1 TR) Where I is the Interest Rate on Debt TR is the Tax Rate Cd = {(30,000,000 X 0.06) / 25,000,000} X (1 – 0.28) = 0.072 X 0.72 = 0.05184 = 5.184% Cost of Common Stock (Ccs) Based on the given information, the cost of common stock is calculated using the formula Ccs = Cd + risk premium rf = (20 X 8) / 160 = 1 (rf is the risk free rate) Ccs = 5.184 + 0.75(1) = 5.934%. Cost of Preferred Stock (Cps) Cps = {preferred stock dividend/ market price of preferred stock (1 – flotation cost)} In this case, there is no flotation cost, thus = (0.04 X 100) / 20 = 20% Weighted Average Cost of Capital (WACC) is given by the sum of the above components. WACC = Cd + Ccs + Cps = 5.184% + 5.934% + 20% = 31.118%. 2. The new financial requirement The working capital falls by about 15m, while the additional investment costs 75m. Total additional cost = 75m 15m = 60m. From the initial conditions, the total investment is given by 30m + 100m + 160m = 290m Total investment = 290m 60m = 230m. 3.The three proposed financing options Weighted Average Cost of Capital (WACC) can be found using the formula below (Barber, 2004). WACC = (Md/V) X k (1-T) + (Mp/V) X {Dp/Pp(1-Fp)} + (Mc/V) X {g + Dc(1+g) /Pc(1-Fc)} Where V is the firm’s total value given by the sum of the debt, the preferred stock and the Common stock. Md is the market value of the debt; Mp is the market value of the preferred stock; and Mc is the market value of the Common stock. k is the current market interest rate; and T is the tax rate. Dp is the annual dividends for the preferred shares; Pp is the market price of the preferred shares; and Fp the flotation costs of preferred shares. Dc, Pc, and Fc are the dividend, market price, and flotation costs of common stock respectively. First option (debt) Cost of debt = {(100m X 0.06)/230m} = 2.6% Second option (common stock) Cost of Common stock = 100m/230m = 43.48% Third option (Preferred stock) Cost of preferred stock = 100m/230 = 43.48% Weighted Average Cost of Capital is therefore given by the sum of the above three components WACC = 2.6% + 43.48% +43.48% = 89.56%. The advantages and disadvantage of each of the proposals made by the bankers From the bankers’ pieces of advice to Phil Bevan, three basic financing opportunities are presented. Basically, he is faced with a dilemma of either considering Common shares stock, preferred stock or debt financing to aid stabilize the business. However, before a decision is made, he should be in a position to understand the cost associated with each. This implies that he will scrutinize each proposal’s merits and demerits, but with cost of the capital, flexibility, risk the proposal is associated with, control and timing as the basic guidelines. Capital management definitely guides business owners to attain sole objective of an optimal capital structure (Dewatripont and Tirole, 1994). For instance, cost of capital is a cornerstone for measuring the profitability’s of varied investments (Harris and Raviv, 1991). It is thus essential to identify the merits and demerits, with reasons, of each proposal before a recommendation is made. This is discussed as under. Debt Issue Issuing corporate debt is one method of financing different business activities. These activities encompass business expansion or need to carry out research and development. An organization’s debt is signified by bonds. Bonds are future instruments sold to the willing investors. Phil Bevan is likely benefit from accepting Hiram J. Pipesucker’s proposal of debt financing in the following ways. Interest payments are tax deductible The interest charged on debt issued is tax allowable. This implies that its cost is likely to be cheaper as compared to other sources. Often, when an organization issues stock, it pays taxes on the income generated. This leads to a higher liability in form of tax to be paid (Harris and Raviv, 1991). When debt is issued, however, interest is paid to debt holders. Interest has to be paid to the bondholders annually. Debt issue thus has an advantage of due to the fact that the interest paid is tax-deductible. This generally translates to a larger savings in form of tax to be paid by the business to the bondholders. The allowable tax reduces interests to be paid hence increasing profitability. Debt issue avoids dilution of earnings per share or control within the business Debt issue does not interfere with the control of the business, i.e. it at all times avoids the dilution of earnings per share. If Phil Bevan adopts the proposal of issuing debts to raise its capital, he shall have avoided a likelihood of change of control or ownership. It therefore presents the owner with an opportunity to maintain its control as the earnings per share is maintained and not diluted. Long term financing approach Debts issue is a long term approach to raising finances. If Phil Bevan is for the opinion that he invests in a project with duration more than 20 years from beginning to the end, issue bond or debt is the best option to for the business to obtain long funding. On this premise, if he gets a loan from the financial institution, say a bank, the repayment terms and the duration of the loan will be optimally determined by the bank. Besides, Phil Bevan is privileged to choose the terms and the time period of bond maturity. The maturity date is such a time he is to pay back bondholders the principal amount. The date to maturity is always a long term period. Debt issue cost is fixed and the amount of principal repaid does not change overtime Debt issue is also advantageous due to the fact that the principal amount does not change overtime but remain fixed until the date of maturity (Heinkel and Zechner, 1990). This is beneficial as the owners can plan optimally to repay the principal before the maturity date reaches. The repayment terms are usually better on new debt issues than when compared business loans. Lower level of returns to the investors Usually, debts issue presents a lower rate of return to the investors as opposed to the common stock. This implies that if Phil Bevan considers this proposal, it shall have reduced to the amount to be paid to the investors hence profitability. However, debts issue has the following demerits to a business when used as a source of financing. Adds more risk to the business If Phil Bevan considers the proposal of debts issue, he may place the business in a risky position. This is due the fact that debt issue has restrictions on the limit of how much debt to be used. Basically, it presents a frontier as to how much debt can be used to finance the business. It is worth noting that an excess use of debt may plunge the business into bankruptcy. Compulsory maturity date Debts issue as source of finance has as well a disadvantage maturity date. This implies that the capital invested must perform and provide returns faster enough and this return must be passed over to the investors. It carries fixed charges Regardless whether a business has profitable cash flows or not, a fixed charge is imposed to the business. This may plunge a business into financial crisis in events that the fixed charged cannot be met due to lack of earnings. Common stock and retained earnings The cost of common stock and retained earnings is the rate of return an investor requires to make demands to make a common stock investment in the business. As opposed to debts issue, it does not generate tax benefits due to the fact that dividends are paid after taxes (Heinkel and Zechner, 1990). If Phil Bevan adopts Rollo Strauss proposal to invest in common stock, he is likely to experience the following benefits: Common stock financing is devoted to the business and the intended projects. Those who invest in the business only realize their investment in situation where the business has better earnings or cash flows. This is only in an event of market flotation or a sale to fresh investors. There is the advantage of skills that come along with equity finance. For instance, angel investors and venture capitalists do come into the business with valuable management skills, acquaintances and knowledge that improve the business performance. This implies that Phil Bevan is likely to benefit from investors strategic decisions and decision making. Common stock financing does not entail fixed payments When a business uses common stock as source of finance, the fixed payments demanded by investors cease to exist. In other words, it implies that dividends are only to the investors when earnings are available. As opposed to the debts issue where payments have been made regardless of presence of cash flows or not, common stock financing has an advantage of varying payments. Payment can for example be made when the business makes better earnings. Lastly, the invested capital is not being repaid. As opposed to the debts issue where the principal has to be repaid fully after the maturity period, common stock is beneficial to a business due to a reason that it has no maturity date on the securities and thus the invested capital can be necessarily not be refunded. The finance is there to stay in the business. Common stock financing, however, have the following disadvantages to a business which uses it as a source of finance. Dividend payments to shareholders are not tax deductible Often, when an organization issues stock, it pays taxes on the income generated. This leads to a higher liability in form of tax to be paid. On the other hand, when debt is issued, interest is paid to debt holders. Interest has to be paid to the bondholders annually. Debt issue thus has an advantage of due to the fact that the interest paid is tax-deductible (Harris and Raviv, 1996). This generally translates to a larger savings in form of tax to be paid by the business to the bondholders. The allowable tax reduces interests to be paid hence increasing profitability. This however is not applicable to the issue of stock. This signifies that it may prove expensive for the business. This makes its issuance cost higher than that that of debt. Dilutes the earnings per share to shareholders If Phil Bevan adopts the proposal of issuing stocks to raise its capital, he should be prepared for change of control or ownership. It therefore presents the owner with an opportunity of not being able to maintain business control as the earnings per share is diluted. It is time consuming and costly in the long run Issue of stock is often characterized with unnecessary procedures that make it appear demanding. It is always demanding, costly and takes a lot of time to fully effect. Venture capitalists for instance would demand to know the background of the business which many businesses are not for as they can always source for funds without the scrutiny. Preference stock Barry Nicebloke presents Phil Bevan with the proposal of using preferred stock to finance his business. This is a special equity security, having both properties of an equity and debt instrument. Often, they have no voting rights but do carry dividends. It presents a business with the following advantages when used as source of finance (Myers and Majluf, 1984). Avoids dilution of the earnings per share to shareholders Some forms of preferred stock issue do not interfere with the control of the business, i.e. it at all times avoids the dilution of earnings per share. If Phil Bevan adopts the proposal of issuing preferred stock to raise its capital, he shall have avoided a likelihood of change of control or ownership. It therefore presents the owner with an opportunity to maintain its control as the earnings per share is maintained and not diluted. He can thus make strategic decisions that affect the business for success. Preferred stock does not carry fixed charges A fixed charge is imposed to the business depending as to whether the business makes better earnings or not. Dividends are often marked as a percentage of a par value and preference shares dividend can at times be negotiated as floating. The major disadvantage of preferred stock is that interest payable is not tax deductible (Myers and Majluf, 1984). The interest charged on preferred stock issued is tax allowable. This implies that its cost is likely to be cheaper as compared to other sources. Often, when an organization issues debt, it pays taxes on the income generated. This leads to a higher liability in form of tax to be paid. This generally translates to a larger savings in form of tax to be paid by the business to the bondholders. The allowable tax reduces interests to be paid hence increasing profitability. This however is not applicable to the preferred stock issuance. From the presentation above, Phil Bevan should accept Hiram J. Pipesucker’s proposal which is about using debts issue as source of finance. This is basically applicable in this case due to the fact that this source of financing enables him benefit from benefits of tax allowable on interest’s payments, assured level of control of his business without external disturbance and due to the reason that it presents lower returns to the investors. Debt financing is thus recommended. Assessing whether the advice given by each of the bankers is in the best interests of Bevan Industries and why such advice should be treated with caution. Consideration on whether to accept the proposals given by bankers should be made to the flexibility, timeliness and cost of each proposal. Besides these, the business’ economic conditions, market conditions, operating conditions and financial conditions presented by each proposal should be checked and scrutinized. For the Bevan Industries, Phil Bevan, the CFO, is concerned that his capital structure is not as efficient as it might be. In particular, he is concerned about the amount of the business funded by short term debt and that his overall gearing level is quite low. This scenario presents him with different opportunities. The proposal of debts issue might be of weight but is disqualified forthright. This is because, as per the business needs, debts issue is applicable for long term financing but Phil Bevan is concerned about the amount of the business funded by short term debt. Debts issue proposal is not appropriate as it results in a more business financial risk. Phil Bevan is not ready to take the risk. Current levels of exceptional debt will impact on the amount of finance raised. Higher levels of debt as well as the preferred stock will result in wider variations to earnings per share. This is because they come forth with higher fixed obligations that must be paid. For instance, he must be ready to pay the interest to debt holders and fixed dividends to preferred stock holders. He is thus likely to incur more financial risks as opposed to his desired need to improve short term debt and balancing gearing ratio. On the other hand a proposal to undertake common stock issue may be applied. However, it as well has effect of earnings per share on the business or control influence. Due to the fact that Phil Bevan is concerned with the control level of the business, if he goes for this proposal, he is deemed to diluting the control level which he is not for. Reference Barber, J. R., 2004. â€Å"Cost of Capital with Flotation Costs.† Quarterly Journal of Business and Economics, Vol. 43, 2004. Retrieved at http://www.questia.com/googleScholar.qst?docId=5009214076. Dewatripont, M., and J. Tirole, 1994, â€Å"A theory of debt and equity: diversity of securities and manager-shareholder congruence,† Quarterly Journal of Economics 109, 1027-1054. Harris, M., and Raviv, A., 1991. â€Å"The theory of capital structure,† Journal of Finance 46, 297-355. Harris, M., and Raviv, A., 1996. â€Å"The capital budgeting process: incentives and information,† Journal of Finance 51, 1139-1174. Hart, 1995. Firms, Contracts, and Financial Structure, Clarendon Press, Oxford. Heinkel, R. Zechner, J. (1990), The Role of Debt and Preferred Stock as a Solution to Adverse Investment Incentives, Journal of Financial and Quantitative Analysis 25 (1): 1–24 [p. 2] Jensen, M., and W. Meckling., 1976. â€Å"Theory of the firm: managerial behavior, agency costs and ownership structure,† Journal of Financial Economics 3, 305-360. Kieso, D. E., Weygandt, J. J., and Warfield, T. D., 2007. Intermediate Accounting (12th ed.), New York: John Wiley Sons, p.  738 Modigliani, F., and Miller, M., 1958. â€Å"The cost of capital, corporation finance, and the theory of investment,† American Economic Review 48, 261-297. Myers, S., and Majluf, N., 1984. â€Å"Corporate financing and investment decisions when firms have information that investors do not have,† Journal of Financial Economics 13, 187-221. Rosenbaum, J., and Joshua, P., 2009. Investment Banking: Valuation, Leveraged Buyouts, and Mergers Acquisitions. Hoboken, NJ: John Wiley Sons. Scharfstein, D., and Stein, J., 2000. â€Å"The dark side of internal capital markets: divisional rent seeking and inefficient investment,† Journal of Finance 55, 2537-2564. Stein, J., 1997. â€Å"Internal capital markets and the competition for corporate resources,† Journal of Finance 52, 111-133. Subrahmanyam, A., and Titman, S., 1999. â€Å"The going-public decision and the development of financial markets,† Journal of Finance 54, 1045-1082. Tirole., 2006. The Theory of Corporate Finance, Princeton University Press. Yee, K. K., 2000. Aggregation, Dividend Irrelevancy, and Earnings-Value Relations. Contemporary Accounting Research 22 (2): 453–480.

The Benefits Of Using Academic Paper Sample PDFs

<h1>The Benefits Of Using Academic Paper Sample PDFs</h1><p>If you are considering composing a research project, the primary thing you have to do is investigate scholarly paper test PDFs. With all the PDF document positions accessible online nowadays, it is extremely simple to discover models that are like your paper point. When you discover these, read through them and choose the ones that best speak to what you need to write.</p><p></p><p>What makes a scholarly paper a genuine model? These models resemble key-note speakers in a class. They give you thoughts regarding how to make your paper stick out and be one of a kind. Above all, they give you some motivation and instances of what individuals will look at.</p><p></p><p>The key to making a scholastic paper exceptional is that it ought to be something interesting. It can't simply be an old talk paper or a repeat of another person's work. You need to concoct your own techniques and perspectives. Numerous individuals today know the nuts and bolts of utilizing the educational program yet not the little-known techniques. It is these, which the scholarly paper test PDFs can give you with.</p><p></p><p>Many understudies wrongly use standard course material and simply changing it a bit. This is regularly a method of concealing the imperfections of their task. A superior approach is to go with a general theme and to plan a paper around this. You would then be able to utilize it as a reason for composing your own work.</p><p></p><p>In the secondary school years, a great deal of understudies don't know what they need to do with their lives. They will in general get stalled by the requests of examining, which puts them delayed and under tension. At the point when you concentrate for a research project, there is no opportunity to get fascinated in different parts of your life. You need to transform the entire thing into an examination meeting and this frequently messes up students.</p><p></p><p>But, when they escape school, most understudies find that they make the most of their lives more and that what they needed to do was conceivable. It is just when they begin searching for employments or beginning another family that they understand how much time they used to spend considering. They regularly find that they are not as upbeat as they could be. It is this, which a scholastic paper test PDF can help with.</p><p></p><p>For understudies who have an excessive amount of schoolwork, they can profit by taking a scholarly paper PDF to separate what they have to finish and to what extent each assignment takes. A scholastic paper test PDF can likewise give approaches to include additional data, particularly on the off chance that it is excluded from the prospectus. This is on the grounds that most scholarly papers include a touch of extra informa tion.</p><p></p><p>Finally, a scholastic paper test can demonstrate exceptionally accommodating for understudies who are well beyond normal in their group. They are frequently both more brilliant and quicker than their companions. The sort of greatness they appear in their work will place them in an advantageous position as they leave on professions and lives of their own. These are the advantages that they will get from scholarly paper samples.</p>