Summary for a research article-----Litreture review for the article Assignment - 1

Summary for a research article-----Litreture review for the article - Assignment Example The discount rate pertains to the â€Å"opportunity cost† or the anticipated rate of return as one invests on one option, instead of other comparative investments with similar risks (258). The most common discount rate employed is the Weighted Average Cost of Capital (WACC), which includes the risk of the cash flows. Second, some of the Income Valuation methods are â€Å"the capitalization of earnings or cash flows and the discount of future earnings or cash flows† (258). Capitalization is preferred when past operations can best indicate the businesses’ future operations (258). The discount of future earnings is more appropriate, when past operations do not reflect future cash flows (258). Some of the different cash flow methods used are: â€Å"Free Cash Flow, Capital Cash Flow and Equity Cash Flow† (259). Third, the Free Cash Flow (FCF) refers to what is left from the cash operations after tax is deducted and it does not consider the organization’s debt level, which means that it does not deduct interest expenses (259). For its valuation, the proper discount rate for Free Cash Flows is the after-tax Weighted Average Cost of Capital (WACCAT), which is computed by using the after-tax cost of debt in the WACC formula (259). Bunea-BontaÅŸ and Petre stress that the Free Cash Flow is a vital measure of the capability of the company to present positive returns to its shareholders. They note that one of the weaknesses of FCF is that since the capital structure of the company is continuously changing, this means that the computation for the WACC must be changed as well (260). Fourth, Capital Cash Flow (CCF) values the cash flow for all security holders of the company, including debts or shares (260). It adds all cash flows paid or can be paid to capital providers, by measuring all of the assets’ after-tax cash (260). CCF’s present value is equal to the value of the enterprise (260). It uses the

Movie Report over Good Fellas for Organized Crime class Essay

Movie Report over Good Fellas for Organized Crime class - Essay Example Plot summary The protagonist, Henry Hill ignores his father’s advice and decides to lead the life of a gangster. Henry joins a gang and his life as a gangster helped him to be independent. Paul "Paulie" Cicero (leader), Jimmy "The Gent" Conway and Tommy DeVito (associate members) are the members of Henry’s gang. Air France Robbery (1967) was Henry’s first robbery in his life as a criminal. Henry’s relationship with Karen (his wife) and Janice Rossi proves to be unsuccessful. Henry’s life as a criminal includes the murder of Billy Batts. Later, Henry’s gang leader asks him to conduct a crime in Florida but almost all the members got arrested. Gradually, Henry began to ignore the leader and indulged in more serious crimes. Later, Henry was imprisoned for his involvement in drug trade. This incident deeply influenced him and he decided to change his life. But other members of Henry’s gang (Paul Cicero and Jimmy) were not ready to change a ccording to the situation. Discussion: The discussion includes theme, message, genre and portrayal of life in the film. A. Theme As pointed out, the film’s theme is interconnected with organized crime and it’s after effects. ... To be specific, Henry was able to identify that imprisonment and drug addiction were the byproducts of organized crime. This deeply influenced him and his decision to keep away from the life of a gangster was based upon this self-realization. On the other side, other members of Henry’s gang were not ready to realize their mistake and were forced to be imprisoned. This is the basic difference between Henry and the other members of his gang. B. Message The director makes use of the protagonist (Henry Hill) as a mouthpiece to communicate with the viewers and to convey his message on criminal instinct and organized crime. The director portrays Henry’s life through the perspective of an onlooker. Within this context, one can easily identify that Henry’s life is symbolic of criminal instinct and redemption in the end. In the beginning of the film, Henry’s decision to join the gang changes his life. His decision was based on his attraction towards the life of a g angster, especially a life with independence and thrill. Gradually, he came to realize that the drawbacks in his life are interconnected with his decision. For instance, he was not able to maintain his relationship with Karen (his wife) and Janice Rossi and was forced to face imprisonment for a number of times. In short, the protagonist’s life represents the director’s opinion on criminal instinct and organized crime. C. Genre One can easily identify that the film Good Fellas by Martin Scorsese represents gangster movie genre. To be specific, gangster movies portray the life of gangsters who represent the darker side of human life with criminal instinct. Besides, gangster movies provide ample importance to violence and crime. In the film, the director provides ample