The Adult Offender Essay - 615 Words

1. What has been the primary factor in the growth in the number of individuals under correctional supervision over the past twenty years? The primary factor in the growth of individuals under correctional supervision in the past twenty years has been due to tougher laws, correctional supervision also has a broader scope of people under supervision and there are more offenders that are sentenced with drug and property offences. Correctional supervision also includes people out on bond, probation and parole. 2. Compare the increase in females versus males in terms of the number under correctional supervision. There has been a dramatic increase in the number of females under supervision on 1999, 21% were on probation and 11% in local†¦show more content†¦7. What is the general overall goal of a prison classification system? The overall goal of a prison classification system is to maintain homogeneneity of inmates by risk of violence and escape and therefore places in prisons that are physically designed to meet theses risks. 8. Why are women now sentenced similarly to male offenders? Women are now sentenced similar to males because of sentencing guidelines and mandatory sentencing. Judges now have less discretion when sentencing. 9. How does the recidivism rate for women offenders compare to that for men? Females had less recidivism rates than the rates of men within three years after release 17.3% returned to prison for a new offense compared to 26.2% of males. and 39.4% returned without a new offense competed to 53% of males. 10. What percentage of the prison population is female? 6.8% of the prison population is female. 11. List some of the special problems faced by female inmates. Healthcare, vocational training and work opportunity, pentagonal of sexual abuse from staff, alcohol and drug use and problems relating to their children. 12. What programs do prisons have to deal with the parenting needs of female prisoners? They have child visitation, parent education, and other parenting programs. 13. How do female inmate classification systems differ from those for men? The older classification systemShow MoreRelatedShould Adult Offenders Be Allowed?933 Words   |  4 Pageshave been sentenced as adults and sent to adult prisons. Without the possibility of parole, nearly 3000 kids nationwide have been sentence to life in prison. Children as young as 13 years old have been tried as adults and sentenced to die in prison, usually without any consideration of their age or facts or conditions that surround the offense. Trying teens as adults gives way to many opinions. The researcher believes minors should be up-held to the same possibility as adults of punishment dependingRead MoreJuvenile Offenders And Adult Court1502 Words   |  7 PagesThe dilemma of whether or not to transfer juveniles to adult court has been a major topic, for many years, in the United States. Since 1899, judges have had the option to transfer juveniles to adult court. The major factor for transferring j uveniles to adult court since then has been the seriousness of the offense. That being said, juveniles only make up a small portion of violent crimes in the United States. Only 16 percent of juvenile offenders in 2008 were arrested for violent crimes (Champion,2008)Read MoreThe Juvenile Court : An Adult Offender991 Words   |  4 Pagesmentally competent, and they are more likely to be rehabilitated than an adult offender. However, in the past years juvenile are committing more violent crimes that suggest they should be tried in criminal courts rather than juvenile courts. It is my belief that if a child under the age of 18 commits a violent crime they should be charged as an adult offender. Certain criteria should be established when charging a juvenile as an adult; at what age should a child know right from wrong, the type of crimeRead MoreJuvenile Offenders And The Adult Courts For Trial1102 Words   |  5 Pages Tennessee, like many other states, has provisions, provided fo r in the state laws, for the transfer of juvenile offenders to the adult courts for trial. The youth court has to follow the procedures, which are outlined in the statute, to include the minimum age of a juvenile, who is to be transferred to the adult courts, and the specific crimes for which such a transfer may take place. While I recognize, as the United States Supreme Court did in Roper v. Simmons, (2005), that children are immatureRead MoreAdult Punishment On Recidivism For Juvenile Offenders2369 Words   |  10 PagesAdult Punishment Impacts on Recidivism for Juvenile Offenders INTRODUCTION Recidivism is a crucial aspect in criminology and its occurrence threatens peace, dunning the offender as a criminal. It is important that punishment aims at minimizing the repetitiveness of committing crimes among individuals despite their age. A criminal activity among the young population, precisely children, has been on the rise and thus the need for a deterrent. The introduction of adult punishment for juvenile offendersRead MoreThe Effects Of Sexual Offending On Adult Offenders1202 Words   |  5 PagesIntroduction Most research on sexual offending focuses on adult offenders, however, juveniles also engage in such behaviors. Official records indicate that juveniles are responsible for 17 to 20 percent of all sexual crimes, except prostitution, and victim reports, as well as, youth self-reports suggest even higher rates of juvenile sexual offending (Letourneau Borduin, 2008). Although it remains clear that there is no specific â€Å"cure† for sex offenders, various treatment programs and punishments have beenRead MoreSystem For Minor Offenders With Adult Charges1849 Words   |  8 PagesSystem for Minor Offenders with Adult Charges The expression is if you can t do the time, don t do the crime, but what happens when the criminal can t legally do the time? When a minor commits a crime, it is a unanimous decision that punishment is necessary to what extent should they be punished. That is where the Juvenile justice system comes into place; providing alternatives to minors committing adult crimes. Sentences such as; community service, probation, and detention centers are all differentRead MoreTreatment For Adult Male Sex Offenders7321 Words   |  30 PagesUniversity Social Work Applied Research I Treatment for Adult Male Sex Offenders October 27, 2014 Dr. Chacha †¨ Abstract Introduction The reason for this study is to explain the different types of treatment for adult male sex offenders. The reason for conducting this research is the interest in getting these offenders effective treatment. Literature Review History of Sex Offender Treatment Until the mid-1980s the treatment of sex offenders was conducted primarily in civil commitment programsRead MoreEssay about Convictions of Adult Offenders in Canada739 Words   |  3 PagesConvictions of Adult Offenders in Canada On Sept. 16, 1995, after fatally stabbing her husband as he slept, 19-year-old Jamie Tanis Gladue shrieked: I got you...bastard. In addition to getting her husband, however, Mr. Gladue disregarded the rule of law. In the course of confirming Ms. Gladues sentence of three years for manslaughter -- only six months of which wereRead MoreEssay on Dont Treat Juvenile Offenders As Adults1915 Words   |  8 PagesUnited States, child offenders over the age of seven were imprisoned in the same facilities as adult offenders. As a result of political and social reformers, society’s views on juvenile justice began to shift to a more sympathetic view. Beginning in 1899, individual states began to address the youth incarceration problem by establishing youth reform homes, the predecessor to juvenile dentition centers. The objective of these homes was the rehabilitation of juvenile offenders for their re-entry into

Animal Farm Character Analysis - 938 Words

George Orwell is a celebrated novelist well known for his political satire in the fairy tale, Animal Farm. The theme of power in the book is recurring and greatly present throughout the piece. Through the use of characterization, conflict, and irony, Orwell shows that those in the position of power can become like its predecessor. Orwell demonstrates that those in power can become like their predecessor through characterization. One example comes from page 107: At about half past nine Napoleon, wearing an old bowler hat of Mr. Joness, was distinctly seen to emerge from the back-door, gallop rapidly round the yard, and disappear indoors again. The quote above shows the effects of alcohol on Napoleon, whom not†¦show more content†¦From page 84 of chapter seven, when Napoleon begins to execute traitors: When they had finished their confession, the dogs promptly tore their throats out, and in a terrible voice, Napoleon demanded whether any other animal had anything to confess. This captures the external conflict when Napoleon punishes other animals for an alliance with Snowball. The punishment is nothing but cruel, the equivalent of a laryngectomy performed by unqualified surgeons; Using unsanitized teeth as their medical instrument, without anesthetics. The brutal killings reflect the sad deaths animals during Jones reign. That similarity shows how those in power can become like their predecessors. Another quote detailing conflict comes from page 128: He said that Comrade Napoleon had learned with the deepest distress of this misfortune to one of the most loyal workers on the farm, and was already making arrangements to send Boxer to be treated in the hospital at Willingdon. This quote captures the external conflict when Boxer fell ill and weak after over exertion. However, Squealers words of reassurance are all farce, for in actuality Boxer is being sent to be executed. Napoleon, after-seeing Boxers usefulness wane, proceeded to sell him off to a butche r, an action foretold by Old Major, only it was supposed to be at the hands of Jones. This is the epitome of Napoleons degeneration to aShow MoreRelatedAnimal Farm Character Analysis735 Words   |  3 PagesIn the novel, Animal Farm, by George Orwell, there is one very particular character whose pride and selfishness creates problems. This character had just merely good ideas in the beginning. However, as time went on, his true self-interest began to shine through. This character started a free republic of animals and turned it into a plantation that used animals as slaves. He never did have enough and always wanted more, regardless of the price that others had to pay. This character whose pride andRead MoreAnimal Farm Character Analysis713 Words   |  3 Pagesâ€Å"ALL ANIMALS ARE EQUAL BUT SOME ANIMALS ARE MORE EQUAL THAN OTHERS† (Orwell 134). In George Orwell’s allegorical fable, Animal Farm, a group of animals lived with their master, Jones. Jones was an unfair man who didn’t care too much about the animals. One day Jones forgot to feed the animals, so they revolted. The animals wanted a perfect place without the corruption of man. The currently animal controlled land of Animal Farm, the smartest of all animals, the pigs take control. To prevent a human-likeRead MoreAnalysis of Main Character in Animal Farm1018 Words   |  5 PagesAnalysis of Major Characters Napoleon From the very beginning of the novella, Napoleon emerges as an utterly corrupt opportunist. Though always present at the early meetings of the new state, Napoleon never makes a single contribution to the revolution—not to the formulation of its ideology, not to the bloody struggle that it necessitates, not to the new society’s initial attempts to establish itself. He never shows interest in the strength of Animal Farm itself, only in the strength of his powerRead MoreAnalysis of Main Character in Animal Farm1025 Words   |  5 PagesAnalysis of Major Characters Napoleon From the very beginning of the novella, Napoleon emerges as an utterly corrupt opportunist. Though always present at the early meetings of the new state, Napoleon never makes a single contribution to the revolution—not to the formulation of its ideology, not to the bloody struggle that it necessitates, not to the new society’s initial attempts to establish itself. He never shows interest in the strength of Animal Farm itself, only in the strength of hisRead MoreCharacter Analysis Of George Orwells Animal Farm923 Words   |  4 PagesAnimal Farm Character Analysis Essay â€Å"Old major†¦ was so highly regarded on the farm that everyone was quite ready to lose an hour’s sleep in order to hear what he had to say† (Orwell 1). The author, George Orwell, portrayed Old Major as the wisest of all the animals on the farm, and without being said, Major was a big part of Animal Farm. In fact, he influenced the lives of all the animals with just one speech. On the day of this speech, Major taught all the animals his wise ideas in a kind supportingRead MoreCharacter Analysis Of George Orwells Animal Farm748 Words   |  3 PagesFight me! Animals have grown to understand humans and be like humans, until they learn to fight back, and keep the idea that they’re free, and then slowly morph back into the ways it used to be when humans were in charge. Analogies about animal farm can range from, the students connecting the book to the bible, government today, passed wars, or even more, because this book was different for everyone. Animal farm is a very simple book at first, but once a person starts to talk about it, itRead MoreCharacter Analysis Of Napoleon In Animal Farm1887 Words   |  8 Pagesis his tool to his own personal gain. There really is no main character in Animal Farm, but Napoleon is the closest to one. Napoleon is important to the story because he is the one who starts all of the problems on Animal Farm. If it were not for him then the animals could all live equally in harmony. The next character is Snowball. Snowball is another pig. He is for the people and wants to improve Animal Farm. Napoleon views the animals around him as comrades. He does benefit from them because heRead MoreCharacter Analysis Of Animal Farm By George Orwell717 Words   |  3 PagesAlthough Animal Farm does not have any heroic characters, in the story there is a death of a supporting character. The death of a supporting character neither glorifies nor diminishes the supporting character to anything more or less significant. All characters, whether they are the major characters or even a minor, supporting character, they all do not have a complete story. There are no completely round characters in literature. Characters die; characters exist, simply for the sake of the plotRead MoreAnimal Farm - Character Analysis- Boxer the Horse Essay1282 Words   |  6 Pagesoneself mentally and emotionally with a person or object’. When reading novels, we are able to relate to some chara cters through similar experiences and emotions and so these characters often invite our understanding and empathy. In George Orwell’s novel Animal Farm, Boxer the horse invites our empathy. We empathise with Boxer and the way in which the pig Napoleon, the leader of Animal Farm, takes advantage of his good-natured personality and manipulates him into following all orders. Boxer is unawareRead MoreLiterary Analysis Of Animal Farm By George Orwell1310 Words   |  6 PagesLiterary Analysis of Animal Farm Although they claimed the farm to be a utopia, the pigs secretly were deceiving their fellow animals and turning the farm into a dystopia. In George Orwell s Animal Farm all of the animals are mistreated by Farmer Jones, but they wish to be treated as equals and live in a utopia so they rebel and take over the farm. The animals first write commandments to avoid chaos, but the leader pigs selfishly modify the commandments in their favor. In the end, the farm is worse

Interracial Marriage Free Essays

Interracial Marriage Interracial marriages have been a growing issue in our society. Some think that interracial marriages and relationships are socially wrong. Some believe that it harms children of mixed races because of the stares, discrimination, and being criticized. We will write a custom essay sample on Interracial Marriage or any similar topic only for you Order Now One should not have to feel the pain from being stared at or criticized, or discriminated against because of the color of skin or being with the one they love of a different race. The marriages and relationships that are interracial have multiplied within the past century. It is hard to believe that there used to be laws that banned interracial marriages. In years to come, interracial marriages and relationships will probably only become accepted in the world. Although laws have changed, interracial dating and marriages are still a controversial issue. In the past, fear and mistrust of such unions were more openly criticized, but in today’s culture where political correctness is more of a concern, people tend to hide their discrimination. Interracial marriages have become more socially accepted. However, some think it is completely wrong and that one should marry within their own race. Interracial marriages were illegal until the Supreme Court made them legal on June 12, 1967(Head). One could have been imprisoned for mating outside of white race. Laws against interracial marriages were overturned because they were ruled unconstitutional. According to the U. S. Census Bureau, black and white marriages increased from 65,000 in 1970 to 422,000 in 2005(U. S Census Bureau). In America today 35 percent of Americans have a family member or close relatives in a different race relationship (Talbot). Interracial marriages have become more common as the years have gone by, but there are still plenty of problems that people have with interracial marriages. Religious beliefs make some people think that interracial marriage is sinful and unbiblical. Black men marry outside their race at a far higher rate than black women. The opposite is true of Asians; women marry outside the race at a higher rate than Asian men. Hispanics and Asians are the top ranking intermarriages. Blacks and Hispanics who marry outside of their race are most likely to receive college degrees, and make the most income out of diverse groups of marriage (Maxwell). Many interracial marriages face problems of racism. Couples in interracial relationships tend to face stares, criticism, and discrimination in housing. They also have a harder time when trying to find a job. People against interracial marriages believe that they corrupt cultures and ethics. Numerous people still believe that interracial marriages are unacceptable and should be made illegal again. Based on The Huffington Post an online reading site, many mixed-raced couples in the South are still struggling to feel safe and be accepted in their communities (Lai). There are potential pitfalls in any marriage whether the couple is interracial or not but there have been some common trouble spots that interracial couples have identified in their marriages. Some of the common trouble spots include: values, eating habits, sex, gender roles, friends, in-laws, and raising children. Some of these issues overlap, but there are some specific distinctions between each. Although these are potential trouble spots for any type of marriage, the degree to which they affect interracial marriages is greater. Mixed race children are at risk for identity crisis such as, not knowing who is accepting of their race or what crowd to hang out with is a struggle for many mixed-race children in today’s society. Mixed-race children face not being accepted by both races that they are but instead a stranger in both worlds. For instance, if a child is mixed with White and Hispanic they may not speak Spanish so they do not fit in with many Hispanics. This could be the case with other races as well. There is still too much racism in the world! For a mixed-race child this can be more difficult because they want to be accepted by each race they are a part of, and yet in many situations they stand apart from both. Depending on the location this could be more of an issue than other places. If the location is in an area where there is not a lot of diversity it would be much harder than big cities where there is a huge diverse population. Children normally do not know how to handle racism so it is much worse on them than it is on the adults that deal with it, because children do not get to choose their race. Racial identity, a product of racial prejudice, is something these kids have to deal with. Everyone is equal and should have the same rights; however this is not the case in today’s world. One benefit being in an interracial marriage is the opportunity to explore another culture. Mixed-race children tend to be healthier due to an increase in genetic diversity. The children have an opportunity to learn about two entirely different cultures, which in turn can make a difference in their everyday knowledge. According to The New York Times interracial couples are more likely to live in the West because concentration of immigrant minority groups there (Saulny). The fear and prejudices of the older generations have given way and have made young people believe that they has the right to marry anyone if they’re in love with each other. Some people have not accepted the fact that race should not be an issue in marriages or relationships. In today’s society there are always going to be people who don’t agree with the things that people do in their everyday lives. In the world today the younger generation tends to have more friends of different ethnic or racial groups. They are also more willing to be in relationship with a different race. Television has a big effect on the younger generation, with movies that make interracial interaction seem to be normal and not something wrong to do. Acceptance is not only difficult in our families but many members of our own cultures tend to offer some of the most damaging opinions. The main problem among interracial marriages is not: their history, their race, their marriage, or their children, the problem is society. Having difficulties in interracial marriages makes the marriage hard, but a strong willed couple who has faith in their love for each other can overcome many of the obstacles they face. Not fitting in because of the person one plans to spend the rest of their life with can be hard, but also knowing how certain people or establishments are, are a definite eye opener to seeing how many small minded people there are in the world. Nobody should have to be worried about if the person they choose to fall in love with or laws that could separate them. The children of interracial marriages will eventually blend with the other children of mono-racial families. Works Cited Head, Tom. â€Å"Interracial Marriage Laws History. About. com. N. p. , n. d. Web. 19 Feb. 2013. http://www. civilliberty. about. com/od/raceequalopportunity/tp/interracial-marriage-laws-history-timeline. html. â€Å"Interracial Tables. † U. S Census Bureau. N. p. , n. d. Web. 18 Feb. 2013. Lai, Jennifer. â€Å"Interracial Marriage. † Huffington Post 3 Nov. 2012: n. pag. Print. Maxwell, Lesli A. â€Å"Marriages across Racial Ethnic Lines on Rise. † Education Week 16 Feb. 2012: n. pag. Print. Saulny, Susan. â€Å"Interracial Marriage Seen Gaining Wide Acceptance. † New York How to cite Interracial Marriage, Papers

Effects Of Different Teaching Approaches In Introductory Financial Acc

Question: Describe about The Effects of Different Teaching Approaches in Introductory Financial Accounting? Answer: Preparation of Cash Flow forecast for Wonderpump Metric Year 0 1 2 3 4 5 6 7 8 Revenue 487500.00 650000.00 650000.00 650000.00 650000.00 650000.00 650000.00 650000.00 profit margin 40% -195000.00 -260000.00 -260000.00 -260000.00 -260000.00 -260000.00 -260000.00 -260000.00 Gross Profit 292500.00 390000.00 390000.00 390000.00 390000.00 390000.00 390000.00 390000.00 cost of material 60% 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 Cost of labour 40.00% 2000.00 2000.00 2000.00 2000.00 2000.00 2000.00 2000.00 2000.00 Annual Fixed Costs -160000.00 -160000.00 -160000.00 -160000.00 -160000.00 -160000.00 Delayed payment 1000.00 -1500.00 Disposal -650000.00 650000.00 Lost disposal -5000.00 Working Capital -21937.50 -4875.00 26812.50 Tax 87750.00 117000.00 117000.00 117000.00 117000.00 117000.00 117000.00 117000.00 Net CF -675937.50 -73625.00 -38000.00 -38000.00 -38000.00 -38000.00 -38000.00 122000.00 798812.50 Cum CF -675937.50 -749562.50 -787562.50 -825562.50 -863562.50 -901562.50 -939562.50 -817562.50 -18750.00 Assumptions: It is assumed that rate of return increases with the investment done by the company. Tax is paid after the income is calculated in the income statement . The rate of increment in the income of the company is 40% with the rate of investment 283% as given in the data. Cost of capital and cost of labour is divided in the ratio of 60:40 Analyzing the Cash flow and assessing the investment using the investment appraisal techniques in Wonderpump Discounted factor 12.00% 1.00 1.00 1.00 1.00 1.00 1.00 1.00 PV 117000 117000 117000 117000 117000 117000 117000 NPV (11,10,014) IRR 17% Payback period 15.8 16.2 PV sales 12000 2% 12,54,965.45 -1% Gross profit 3,90,000 3% Fixed cost 1054984.25 2% The different techniques analysis the rate of return derived from the company after investing in the business and analyzing the investment (Berkovitch and Israel, 2013). In the case of payback period, it shows the returns derived from the business and the duration required deriving the profit and revenue. In addition, the other instrument of investment appraisal shows the accounting rate of return that shows the rate of return from the business in the accounting period rather than the investment period (Chiang, Nouri and Samanta, 2013). On the other hand, the net present value states the present financial condition of the business. Therefore, Gunther can analyze the condition of the current business and can analyze the forecasted value of the company by going through the activities carried out currently. In the current case study, the assumption has been made with 283% rate of return from the investment of 650,000 Euros (Collins, 2015). Furthermore, it is also seen that the present value of the company can also show the different cost incurred by the company in order to carry out with the business operation. The internal rate of return is the rate of return from the business received from the internal sources. Therefore, in the current case study it is assumed that the internal rate of return is 283% of the total revenue of the company (Damodaran, 2015). It can be said that these techniques differ from each other because these different techniques shows different analysis of the financial position of the company. As per the evaluation of the data, it is seen that Gunther must forecast 45days as the period for yielding the rate of return from the business rather than 60 days and offer the payment to the suppliers in 20 days rather than 30, in order to speed up the process of the business (Haas and Haas, 2015). Critically analyzing the Investment Analysis Techniques of Wonderpump PV NPV (11,10,014) IRR 17% Payback period 15.8 16.2 As per the table of NPV, IRR and payback period of the data derived from Wonderpumps Exhibit 1 and from the case mentioned, the value for NPV, IRR and payback is shown above. As seen in the case, that Gunther have inaugurated new pump with the technology that evolved and re-engineered in the new generation (International Monetary Fund, 2014). The IRR ratio of 17% shows that company is having good rate of return from the internal and external source of returns therefore, making the ROI forecasted as 283%. Furthermore, it is also assumed that the inflation rate is also not that high that it will affect the unit production cost of the product and depreciation shall be carried out over 8 years. Analysis of the assumptions made in the calculations Metric Year 0 1 2 3 4 5 6 7 8 Metric Year 0 1 2 3 4 5 6 7 8 Revenue 487500.00 650000.00 650000.00 650000.00 650000.00 650000.00 650000.00 650000.00 profit margin 40% -195000.00 -260000.00 -260000.00 -260000.00 -260000.00 -260000.00 -260000.00 -260000.00 Gross Profit 292500.00 390000.00 390000.00 390000.00 390000.00 390000.00 390000.00 390000.00 cost of material 60% 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 Cost of labour 40.00% 2000.00 2000.00 2000.00 2000.00 2000.00 2000.00 2000.00 2000.00 Annual Fixed Costs -160000.00 -160000.00 -160000.00 -160000.00 -160000.00 -160000.00 Delayed payment 1000.00 -1500.00 Disposal -650000.00 650000.00 Lost disposal -5000.00 Working Capital -21937.50 -4875.00 26812.50 EBITDA (6,75,938) (1,61,375) (1,55,000) (1,55,000) (1,55,000) (1,55,000) (1,55,000) Interest Tax 30% 202781.25 48412.50 46500.00 46500.00 46500.00 46500.00 46500.00 Depreciation 80,000 80000.00 80000.00 80000.00 80000.00 80000.00 80000.00 PAT -473156.25 -32962.50 -28500.00 -28500.00 -28500.00 -28500.00 -28500.00 Op Profit -675937.50 -81375.00 -75000.00 -75000.00 -75000.00 -75000.00 -75000.00 Assumptions: The profit margin is assumed as 40% of the total revenue of the business in the economy. Furthermore, the lost disposal is ascertained a 5000 Euros as per the investment in the production is concerned (Ito and Nakano, 2015). Furthermore, the assumptions are made in the tax rate to be 30% of the gross profit of Wonderpump. The depreciations are calculated in the straight line method therefore, making the value of the machinery dissolved in the above case. Reassessing the investment of the Wonderpump The readdressing the value of investment carried out in Wonderpump is shown in the below table with necessary changes made in the investment value and increment revenues ascertained here: Metric Year 0 1 2 3 4 5 6 7 8 Metric Year 0 1 2 3 4 5 6 7 8 Revenue 487500.00 650000.00 650000.00 650000.00 650000.00 650000.00 650000.00 650000.00 profit margin 40% -195000.00 -260000.00 -260000.00 -260000.00 -260000.00 -260000.00 -260000.00 -260000.00 Gross Profit 292500.00 390000.00 390000.00 390000.00 390000.00 390000.00 390000.00 390000.00 cost of material 60% 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 Cost of labour 40.00% 2000.00 2000.00 2000.00 2000.00 2000.00 2000.00 2000.00 2000.00 Annual Fixed Costs -160000.00 -160000.00 -160000.00 -160000.00 -160000.00 -160000.00 Delayed payment 1000.00 -1500.00 Disposal -650000.00 650000.00 Lost disposal -5000.00 Working Capital -21937.50 -4875.00 26812.50 EBITDA (6,75,938) (1,61,375) (1,55,000) (1,55,000) (1,55,000) (1,55,000) (1,55,000) The re-financing criterion of the company is ascertained in the assuming the changes to be 8 to 10% in the increase in the capital invested and in the returns yield (Kieso, Weygandt and Warfield, 2012). Furthermore, the EBITDA of the company need to be assumed in the above case while calculating the forecasted values of the companys liabilities and assets including the investment made. Furthermore, it is also seen that most of the value have changed due to refinancing of the structure of the capital. Gunther and Jacques ascertainment for the future financing status of the company need to assume the changes in the rate of with the changes made in the investment and the revenue derived from the business. Sensitivity analysis Sales -10% 0% 10% 585000.00 650000.00 715000.00 34% 845.00 126470.00 254170.00 36% 35124.00 54748.00 187514.00 38% 59874.00 32147.00 132414.00 40% 84251.00 31254.00 121547.00 42% 114574.00 40547.00 74158.00 44% 124565.00 65214.00 39470.00 As per the sensitivity analysis, the value provided by Gunther and Jacques conversation is applied in the calculation and the changes in the value is ascertained. Therefore, in such cases, the valuation of the machinery and the assets of the company shall vary (Maali and Jaara, 2014). Feature of debt and equity financing and AGTs capital structure There are several features of debt and equity financing and its comparison to AGTs capital structure. It can be elaborated as: Equity Financing of AGT capitals Structure Having a budgetary authority consider you a check may show up like the perfect answer in case you have to expand your business yet would lean toward not to handle commitment (Nuryanah and Islam, 2015). In light of present circumstances, it's money without the trouble of repayment or premium. In any case, the dollars go with tremendous strings annexed: You must give the advantages to the budgetary examiner or favoured delivery person monetary authority. It's less unsafe than a credit in light of the way that you don't have to pay it back, and it's a not too bad decision if you can't remain to handle commitment. You exploit the theorist's framework, which may add more legitimacy to your business. Monetary authorities take a whole deal point of view, and most don't expect an entry on their theory immediately. The company have to channel advantages into credit repayment. Wonderpump will have more cash close by for developing the business (Palmer, Barber and Zhou, 2015). There's no need to pay back the endeavour if the business misfires. It may oblige gives back that could be more than the rate you would pay for a bank advance. The theorist will oblige some obligation regarding association and a rate of the advantages. You might not have any longing to surrender this kind of control (Ross, Westerfield and Jordan, 2014). You should counsel with theorists before making tremendous (or even timetable) decisions - and you may vary with your budgetary experts. Because of antagonistic clashes with budgetary experts, you may need to exchange for chilly hard coin your section of the business and grant the theorists to run the association without you. It obliges a few genuine vitality and push to find the privilege money related pro for your association. Debt financing of Wonderpump The business relationship with a bank that credits you money is out and out not the same as a development from a budgetary expert - and obliges no convincing motivation to surrender a bit of your association. In any case, if you handle an overabundance of commitment, it's a move that can cover advancement (Velez-Pareja, 2015). The bank or advancing establishment, (for instance, the Small Business Administration) has nothing to do with the way you run your association and does not have any proprietorship in your business. The business relationship closes once the money is paid back as per the situation in the current case of AGT and Wonderpumps. The energy on the development is obligation deductible. Advances can be transient or whole deal. Primary and pastime are known figures you can orchestrate in a budgetary arrangement (gave that you don't assume a variable rate acknowledgment). Money must pay back within a changed measure of time (Warren, Reeve and Duchac, 2013). If the company emphasizes upon a ton on commitment and have salary issues, you will encounter trouble paying the development back of AGT. If Gunther pass on an unreasonable measure of commitment you will be seen as "high peril" by potential theorists which will bind your ability to raise capital by quality financing later on. Commitment financing can leave the business frail in the midst of cruel times when arrangements take a dive. Commitment can make it troublesome for a business to create as a consequence of the high cost of repaying the credit (Osborne, 2015). Assets of the business can be held as insurance to the bank. Likewise, the proprietor of the association is frequently expected to before long surety repayment of the development. Most associations settle on a blend of both quality and commitment financing to address their issues when growing a business (Nuryanah and Islam, 2015). The two sorts of financing together can work honourably to reduce the disadvantages of each. The right extent will vacillate as showed by your kind of business, pay, advantages and the measure of money you need to broaden your business of AGT. References List Berk, J. and DeMarzo, P. (2015). Corporate finance. Berkovitch, E. and Israel, R. (2013). Why the NPV Criterion does not Maximize NPV. Rev. Financ. Stud., 17(1), pp.239-255. Brealey, R., Myers, S. and Allen, F. (2014). Principles of corporate finance. New York: McGraw-Hill Irwin. Chiang, B., Nouri, H. and Samanta, S. (2013). The Effects of Different Teaching Approaches in Introductory Financial Accounting. Accounting Education, 23(1), pp.42-53. Collins, D. 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New York, NY: McGraw-Hill Irwin. Velez-Pareja, I. (2015). 3 Decision Methods: Npv, Irr and Others. SSRN Electronic Journal. Warren, C., Reeve, J. and Duchac, J. (2013). Corporate financial accounting. Mason, Ohio: South-Western Cenage Learning.