Airjet Best Parts Inc Part 1 - 990 Words

Kim Witten Course Project Part I Task 1 1. National First (Prime rate is 3.25%) +6.75% = 10% Semiannually EAR = (1+.10/2) ^2 – 1 which is 10.25 Regions Best Rate is 13.17% Monthly EAR = (1+.1317/12) ^12 – 1 which is 13.99 2. I think that between National First and Regions Best that National first offers the lower rate after computing the EAR. National first is also only compounded semiannually making it lower then Regions Best. The only thing I worry about it the prime rate changing because if it rises a lot then it could possibly become a higher interest rate them Regions best. At the time being if Air jets Best Inc. takes the National First option then that is 3.74 percent less they would be paying if they had gone with†¦show more content†¦Credit risk of bonds has a possibility that the bond issuer will default on the bond. The risk that the bond issuer will default on the bond will mean that the investor’s actual yield will be lower. Other factors that can contribute to the riskiness of bonds are inflation rates and the financial health of the bond issuer. 4. Some positive covenants AirJet could use in future bond issues is maintain a minimum level of net working capital, maintain any and all collateral or security related to the bond indenture as well as all facilities in good working condition. They also must file quarterly audited financial statements and make sure bondholders have access to this information. They must maintain a certain level of debt coverage ratio as well as allow for redemption in the event of a merger or sale. Some negative covenants that AirJet can have in their future bond issues could be debt limitation, limitation on liens or mergers, consolidations or sales, dividend limitation, or limitations on asset disposal. They cannot pay unusually high dividends and must limit those dividends to a certain amount, they cannot lease or sell off major assets without the approval of the lender, they cannot issue additional debt and they cannot pledge any assets toShow MoreRelatedAirjet Best Parts, Inc. Part 11125 Words   |  5 Pages| | | Course Project - Part 1 - Task 1: Assessing loan options for AirJet Best Parts, Inc. | | | | | | | | | | | | | | | | Question 1: | APR (given) | EAR (calc) | | 2nd ICONV | | | | | | National First | 3.25 + 6.75 = 10% | 10.25 | | NOM = 10% | | | | | | | | | | C/Y = 2 (semiannual) | | | | | | | | | | EFF = 10.2500 | | | | | | | | | | | | | | | | | | | | | | | | | | Regions Best | 13.17 | 13.99 | | 2nd ICONVRead MoreBusn 379 Course Project1155 Words   |  5 PagesProject – Part 1 Task 1: Assessing loan options for AirJet Best Parts, Inc. 1. Assuming that AirJet Parts, Inc. is considering loans from National First and Regions Best, what are the EARs for these two banks? Hint for National Bank: Go to the St. Louis Federal Reserve Board’s website (http://research.stlouisfed.org/fred2/). Select â€Å"Interest Rates† and then â€Å"Prime Bank Loan Rate†. Use the latest MPRIME. Show your calculations. Answer: National First Bank (Prime Rate 7,75% ) EAR = [(1+ ((7.75%)/2))^2Read MoreCourse Project 11131 Words   |  5 PagesCourse Project-Part 1 Hannah Satterthwaite Professor Gatto DeVry University Finding the Best Loan Options 1. Assuming that AirJet Parts, Inc. is considering loans from National First and Regions Best, what are the EARs for these two banks? National First- (1+.0675/2) ²-1 = .078890625 Regions Best- (1+.1317/12) ¹Ã‚ ²-1= .1399478787 Using the Estimated Annual Rate formula, I found that National First estimated annual rate was 7.9% and Regions Best was 13.995% 2. Based on your calculationsRead MoreCompare and Contrast1513 Words   |  7 PagesCourse Project – Part I AirJet Best Parts, Inc Student: Goldie Scarbrough Course: Finance Instructor: Professor  Mike  Woodard Date: 03/23/2013 Task 1: Assessing loan options for AirNet Best Parts, Inc The Company needs to finance $8,000,000 for a new factory in Mexico. The funds will be obtained through a commercial loan and by issuing corporate bonds. Here is some of the information regarding the APRs offered by two well-known commercial banks. Bank | APR | Number of TimesRead MoreFinance Week 61558 Words   |  7 PagesCourse Project Part II Introduction You will assume that you still work as a financial analyst for AirJet Best Parts, Inc. The company is considering a capital investment in a new machine and you are in charge of making a recommendation on the purchase based on (1) a given rate of return of 15% (Task 4) and (2) the firm’s cost of capital (Task 5). Task 4. Capital Budgeting for a New Machine A few months have now passed and AirJet Best Parts, Inc. is considering the purchase on a new machineRead MoreFinance Course Project1960 Words   |  8 PagesCourse Project Part II Introduction You will assume that you still work as a financial analyst for AirJet Best Parts, Inc. The company is considering a capital investment in a new machine and you are in charge of making a recommendation on the purchase based on (1) a given rate of return of 15% (Task 4) and (2) the firm’s cost of capital (Task 5). Task 4. Capital Budgeting for a New Machine A few months have now passed and AirJet Best Parts, Inc. is considering the purchase on a new machineRead MoreBusn379 Week 6 Course Project Part 2 Essay1346 Words   |  6 PagesTask 4. Capital Budgeting for a New Machine A few months have now passed and AirJet Best Parts, Inc. is considering the purchase on a new machine that will increase the production of a special component significantly. The anticipated cash flows for the project are as follows: Year 1 $1,100,000 Year 2 $1,450,000 Year 3 $1,300,000 Year 4 $950,000 You have now been tasked with providing a recommendation for the project based on the results of a Net Present Value Analysis. Assuming thatRead MoreBusn Essay1786 Words   |  8 PagesCourse Project Part II Introduction You will assume that you still work as a financial analyst for AirJet Best Parts, Inc. The company is considering a capital investment in a new machine and you are in charge of making a recommendation on the purchase based on (1) a given rate of return of 15% (Task 4) and (2) the firm’s cost of capital (Task 5). Task 4. Capital Budgeting for a New Machine A few months have now passed and AirJet Best Parts, Inc. is considering the purchase on a new machine

Scripture Reading ( Genesis 39 1-23 ) - 1889 Words

Scripture Reading (Genesis 39:1-23) Introduction (Genesis 39:1): One day, there was a small boy at a school on a day that everything seemed to go wrong. First, he skinned his knee at gym. At lunch, he fell and busted his lip. Then during recess, he suffered a broken arm. On the way home from the hospital, his father noticed the little boy clutching something in his hand. His father asked him what he had. The boy replied, â€Å"Boy, this is my lucky day. I found a quarter on the playground.† Joseph had also gone through a traumatic time in his life. In Genesis 37, it tells us that Joseph was sold to Midianite merchants by his brothers. Not only were they jealous of how much their father loved him, but Joseph was irritating them by†¦show more content†¦Joseph trusted God to handle the difficult situations in his life. He didn’t complain or fuss. He stayed quiet and showed how strong he really was. And he wasn’t strong in his own strength, but in God’s. He became a hero because he knew what to run away from and who to run to – and that was God. His testimony of God’s work in his life was personal, powerful and prosperous. Point 1: Personal Testimony (Genesis 39:2-6a): Joseph was sold to Potiphar, who was the captain of the palace guard for Pharoah. He was no longer living in the land of his father, but in Egypt. This was a land where the Egyptians worshiped many gods. As far as we know, Joseph could have been the only believer in the land of Egypt! But the Lord was with Joseph. Genesis 39:2-3 tells us this and goes on to say that when his master saw that the LORD was with him, and that the LORD gave him success in everything he did, Joseph found favor in his eyes and became his attendant. Joseph was given charge of everything in the house and the field. Verse 6 even tells us that Potiphar wasn’t concerned with anything, except for the food that he ate. Most big companies have lots of people who work in lots of different departments. Usually, a person who begins working at a company starts at a lower level until they have proven themselves. Sometimes they start off as interns who are only there temporarily, or they start off in the mail room as a courier or

Insider Trading Essay Free Essays

Watching â€Å"Martha, Inc. : The Story of Martha Stewart† finally made me realize what the whole scandal of Martha Stewart was all about. From what I learned, Martha Stewart, known as a television personality and famous multimillionaire, was â€Å"indicted on securities fraud, obstruction of justice and conspiracy charges in an insider trading scandal†. We will write a custom essay sample on Insider Trading Essay or any similar topic only for you Order Now Before this all started, she was happily baking cookies for children and making homemade arts and crafts for her friends. At the middle of 2003, she was sent for a five month term of prison. Insider trading was the crime Martha Stewart committed; she basically wanted to get ahead as CEO of her company. By definition, insider training is â€Å"the illegal practice of trading on the stock exchange to one’s advantage through having access to confidential information†. â€Å"Insider trading† is a term that most investors would usually associate with illegal conduct. Illegal insider trading â€Å"refers to buying or selling a security while in possession of nonpublic information about the security†. Apparently, based on articles I have read, Martha Stewart was told by her friend Sam Waksal that his company ImClone’s cancer drug had been rejected by the Food and Drug Administration before this information was made public. Because of this, the price of his company’s stock diminished quickly. â€Å"The (Securities and Exchange Commission) SEC’s job is to make sure that all investors are making decisions based on the same information. Insider trading can be illegal because it destroys this level playing field. Insider trading is only illegal when a person bases their trade of stocks in a public company on information that the public does not know. † Clearly, Martha Stewart was a huge symbol of corporate greed. She wanted more money even when she had reached one billion dollars as her net worth. Stewart had lost about $400 million â€Å"because of the company’s declining value, legal fees and lost business opportunities†. To make a comeback, she made a camp again in 2005 which led to profits a year later. Stewart then rejoined the board of directors and became chairman of her namesake company again this year. She hasn’t reached her full potential from before but is still catching up to it. (Sentences in quotes are from several Internet sources. No copyright infringement intended. ) How to cite Insider Trading Essay, Essay examples

A Report on High School Life and College Life Essay Sample free essay sample

1. AbstractLife is an escapade. We live in its events. Some events are screaming. while the other events are bad. Each individual should go through with different degree in instruction. get downing from primary following by intermediate and complete it with secondary school. After that a new chapter of life starts which is college life. In this chapter pupils possibly analyze abroad or place state surveies. In this phase pupils decidedly will see different alteration in their milieus. In this study I will travel throughout my life experience. For me. I anticipated tough alterations in the college life and certain plenty there were tough alterations. 2. IntroductionThis study will explicate the difference between my experience in high school and college life. College life is disputing for new pupils after they graduate from high school. For me. it is disputing. and I have to cover with the alteration in the new environment and school life as a whole. 2. 1BACKGROUNDMy name is Mohammed Abdulelah Mohammed Makki. my friends name me MAKKI. I am 21 old ages old. and I was born in 24/6/1992. My favorite topics is Mathematics. Physics and Chemistry. I joined simple school when I was 4 old ages old. Then. I study in Al-Amal National School as secondary school. After that I graduated with a good mark. My household decided to direct me to analyze abroad in Malaysia for higher instruction. I enrolled at Inti College in Jan 2013 to go on my surveies. 2. 2 High School ExperienceDuring school life you would larn the basic etiquette sing societal behavior whereas for me. School experience is the most importance thing make the best point in my life and learning accomplishments. Teachers help us to avoid the jobs of making prep. School life is by and large more disciplined than college life. You must have on a unvarying otherwise if you do non have on a unvarying the school will non let you to come in to the school 2. 3Current ExperienceAs a college pupil analyze off from place. I get to do determinations by myself which I need to larn to be independent in my life. I am responsible for my growing into absolute independency. Unlike in high school there are fewer regulations to assist or steer my academic advancement. I do non needfully acquire reminders about assignment deadlines or readying for trials and tests. I besides have to do fiscal determinations. I have to prioritise my demands and make up ones mind what to pass on. This new life off from place has made me a bit more responsible in general. 3. Discussion3. 1comparison between two experienceAttendanceCollege school’s attending is counted as recognition hr which will do me loosen up a spot. The lectors are less attention than instructors in school. although a batch of lectors offer excess recognition or will knock classs from Business school to As for pupils who attended category every twenty-four hours. However. high school’s attending is more rigorous comparison to college. Medical certification is required if I absent from school. Dress codificationThe frock codification between college school and high school is wholly difference. I am bound by frock codification when I am in secondary school life. I have to have on unvarying to school every twenty-four hours. I am non allowed to go to school if I am have oning insouciant wear to school. On the other manus. college is non bound with frock codification. Slipper and short bloomerss are non allowed in Inti College which is really easy to be follow. I can have on any jerseies I like to school every twenty-four hours. Different timetableTimetable from high school and college is different. My high school starts on 7a. m until1p. m. The school establishes category agenda to make full up most of the times of school yearss. There is merely half an hr of interruption clip to rest. The timetable in high school is changeless ; while the timetable in college is flexible. Sometimes there is one or two hours of break clip before another category start. I might take a sleep or iciness with friends during the long interruption clip. 3. 2 My Expectation LevelMy outlooks about college were built on the legion narratives by my high school instructors. My experience as a college pupil in Malaysia so far. has merely merely surpassed my outlooks. The difference lies in the new environment ( Malaysia ) . Since this is my first clip here. I’ve had to cover with a civilization daze which I expect to acquire over in the nearest hereafter. However. the school system is everything I expected. The timetable. frock codification. work load and instruction system are precisely wholly that my instructors have talked about all through high school. That is non to state that I’m happening it easy as college pupil. as hearing about an experience is rather different from really sing it. That said. I intend to do things a batch easier for myself with proper planning and organisation. With more self-denial. I expect to acquire myself to category and go to all talks. since there’s no Dendranthema grandifloruom or pa . to do me make it now. That besides applies to run intoing the deadlines for assignments and undertakings. and being more responsible in the manner I spend my clip and money. I expect to spread out my web of friends and possible concern familiarities run into more people from different civilizations and backgrounds. My greatest outlook of all. is to finish my surveies. gain my grade and move in front to get down my dream calling. 4. DecisionIn decision. my experience as a college pupil has been life altering. I have learned to be independent and responsible for my general wellbeing and academic advancement. I have adjusted to the societal and cultural differences. I have besides warmed up to the new academic agenda which is rather different from what was used in high school. I have made new friends from diverse civilizations and backgrounds which has enlightened me and helped me to spread out my position in the universe. I have learned to get by with the new work load which is more than work load in high school. My experience so far as a college pupil has increased my degree of adulthood as an grownup. 7. Mentions World Wide Web. differencebetween. com/difference-between-school-life-and-college-life/ # ixzz2K7FuWmaG Read more: hypertext transfer protocol: //www. differencebetween. com/difference-between-school-life-and-college-life/ # ixzz2K7MYqVvk