...Around 02:10, the stern rose out of the water exposing the propellers, and by 02:17 the waterline had reached the boat deck. The last two lifeboats floated off the deck, collapsible B upside down, collapsible A half-filled with water after the supports for its canvas sides were broken in the fall from the roof of the officers quarters. Shortly afterwards, the forward funnel collapsed, crushing part of the bridge and people in the water. On deck, people were scrambling towards the stern or jumping overboard in hopes of reaching a lifeboat. The ship's stern slowly rose into the air, and everything unsecured crashed towards the water. While the stern rose, the electrical system finally failed and the lights went out. Shortly afterwards, the stress on the hull caused Titanic to break apart between the last two funnels, and the bow went completely under. The stern righted itself slightly and then rose vertically. After a few moments, at 02:20, this too sank into the ocean. Only two of the 18 launched lifeboats rescued people after the ship sank. Lifeboat 4 was close by and picked up five people, two of whom later died. Close to an hour later, lifeboat 14 went back and rescued four people, one of whom died afterwards. Other people managed to climb onto the lifeboats that floated off the deck. There were some arguments in some of the other lifeboats about going back, but many survivors were afraid of being swamped by people trying to climb into the lifeboat or being pulled down by...
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...The Liburnian Warship A Liburnian Warship or Liburna was a type of small galley used for raiding and patrols, particularly by the Illyrians and the Roman Navy. The ship was originally designed and used commonly as a pirate vessel. But they became adopted and put into use by the Romans. As the Romans took the original designs of the ship, and modified them slightly, enabling them to be used for more specific purposes. Making them massively popular in the Roman civilizations. The ship consists of two oar banks, or what are now known as oar rows. The Liburnian ships commonly had approximately eighteen oars men per side. Being able to achieve fourteen knots within a shorter period compared to other ships of its time. Another main reason they...
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...Case 7 1: Stern Corporation (B)* Note: This case is updated from the Twelfth Edition. Approach This is a straightforward problem, designed for use in connection with study of the text. I find it useful to put T-accounts on the board or on a Vugraph and post entries to them as they are given. The account titles given in the balance sheet should be used. The case assumes individual unit depreciation. It may be desirable to ask at some point what the entries would be if composite or group depreciation were used. Comments on Questions Question 1 1. Cash 3,866 Accumulated Depreciation, Factory Machinery 27,367 Factory Machinery 31,233 2. Tools Used (Expense) 7,850 Tools 7,850 (Note the contrast between depreciation and a direct write-off.) 3. (a) Depreciation Expense 278 Accumulated Depreciation, Automotive Equipment 278 (The additional depreciation is 1/6 x .20 x $8,354. Note that the half-year convention is not used. Note that if the depreciation incurred in 2006 is disregarded, the loss will be overstated.) (b) Cash 2,336 Accumulated Depreciation, Automotive Equipment 5,458 Loss on Sale of Other Assets 560 Automotive Equipment 8,354 (There can be a discussion of the proper showing of the loss on the income statement.) 4. Patent Amortization Expense 11,250 Patent 11,250 5. Cash 75 Accumulated Depreciation, Office Machines 1,027 Gain on Sale of Other Assets 75 Office Machines 1,027 ...
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...This is what we reviewed in class: Entry number Account (1) Cash Accumulated Depreciation- FM Factory Machinery (2) Tools used Expense Tools Inventory (3) Depreciation Expense-Automotive Accumulated Depreciation-Automotive Cash Accumulated Depreciation- Automotive Loss on sale Automotive equipment (4) Patent Amortization Expense Patent (5) Cash Accumulated Depreciation – OM Gain on sales Office Machines (6) Depreciation Expense-Furniture Accumulated Depreciation-Furniture Cash Accumulated Depreciation-Furniture Furniture and fixtures Gain on sales Now we need to finish the general ledger, number 7 The book states the following rates (all in percentages) Asset Building Factory machinery Furniture and fixtures Automotive equipment Office machines Factory Machinery Book value Asset fully depreciated Factory machinery sold TOTAL Accumulated depreciation (10%) Furniture and fixtures Book value Furniture sold TOTAL Accumulated depreciation (10%) Amount Dr. $3,866 $27,367 $7,850 $7,850 $278 $278 $2,336 $5,458 $560 $8,354 $11,250 $11,250 $75 $1,027 $75 $1,027 $37 $37 $80 $432 $490 $22 Cr. $31,233 Rate 2% 10% 10% 20% 10% $3,425,585 ($85,000) ($31,233) $3,309,352 $330,935 $56,484 ($490) $55,990 $5,599 Automotive Equipment Automotive equipment Automotive sold TOTAL Accumulated depreciation (20%) Office machines Office machines Office machines sold TOTAL Accumulated depreciation (10%) That’s how he got: Entry number Account (7) Depreciation expense Accumulated depreciation...
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...There are many qualities a great teacher should have. They should be supportive, but stern, and they shouldn’t point out your mistakes just to embarrass you. All a student needs is a push in the right direction, and all a mean teacher is going to do is make them insecure and angry. Good teachers are important in America, because without them, who knows how good our education would be? One of the traits a teacher needs is to be supportive, but disciplinary. A teacher should encourage students because most students will give up if they think they can’t do it. If the student is supported, it gives them perseverance, which makes them want to finish or do something. (“Its not, ‘I can’t do it’, its, ‘I can’t do it YET.’” -- Mrs. Evans) A teacher needs to be stern because if they aren’t, the student will get off task and get distracted, of they will be rude and not do what the teacher needs them to do. If the teacher is too kind, the student may try to take advantage of that kindness and use it for their will. The student needs to have a teacher with a balance of stern and encouraging....
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...WNBA and the Economy The topic of sports is an ongoing form of popular entertainment that generates millions of dollars per year. Although the revenue is enormous, the slow demise of the Women’s National Basketball Association is apparent within the economy. Many other factors, including the recession, have had an enormous effect on the deterioration of this league. Some of these factors include the demand for women’s basketball which has led to a decrease in fan base, salaries, and funding for other teams, ultimately contributing to the downfall of this empire. In dissecting this problem, it becomes evident that the demand for this particular sport is an issue. How many people have a desire to watch this sport, and furthermore are willing to pay a price for this entertainment? The WNBA fan base is slowly declining, and as a result, less money is being generated from the public. Spectators have concluded that the growing audience has been hard to come by for the WNBA, which is apparent by the league’s attendance history. With the WNBA falling short of its male counterpart attendance wise, the WNBA has the lower hand of the deal when it comes to ticket pricing. The WNBA is already put at a disadvantage by having half as many seasonal games as the NBA. The average WNBA ticket price is fifteen dollars as opposed to the average NBA ticket being forty-five dollars. When compared with the attendance rate, the women’s basketball league is struggling tremendously. With people already...
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...Stern is a long-time friend to Trump, the latter having appeared on her talk shows many times in the last two decades. Stern is termed one of the successful talk show hosts in the country. Recently at the beginning of February 2017, she was quoted by CNN Wire making startling remarks on President Trump. She said, ‘I personally wish that he had never run, I told him that, because I actually think this is something that is gonna be detrimental to his mental health too, because, he wants to be liked, he wants to be loved, He wants people to cheer for him (CNN Wire, 2017).’ In other words, Stern meant that Trump will not enjoy (or hate) being the US president and the frustrations may not echo well on his mental health. P1: Trump wants to be liked and loved P2: People have directed hatred toward him P3: He will hate his presidency Conclusion: Being president will make Trump mentally ill....
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...is given an apartment appropriated from wealthy Jews, Schindler feels no remorse and does not consider the origins of his good fortune. Schindler, initially concerned only with himself and the success of his moneymaking scheme, undergoes a change that prompts him to spend his fortune to save the lives of those he once exploited. His motive is never completely clear—and indeed, the real Schindler never revealed his motivations. However, the film does suggest that at least one of his incentives was obvious: Schindler simply could not sit by and watch people he knew be sent to death. His metamorphosis from a man of indifference to one of compassion takes place gradually over a number of scenes. His respect for his Jewish accountant, Itzhak Stern, probably has a great deal to do with his transformation, as does his witnessing of the Kraków ghetto evacuation, when he sees the little girl in the red coat. However, Schindler’s motivations may also be less altruistic: it is possible that his own ego and narcissism led him to be...
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...Movie Critic Hum/150 6/6/2016 The film I chose to critique this week is the classic family comedy Home Alone (1990) directed by Chris Columbus. Leading actors in this film is eight year old Kevin McCallister played by Macaulay Culkin, along with Peter McCallister, the father, played by John Heard, Mrs. McCallister played by Catherine O’Hara, Marv, who is the first burglar, played by Daniel Stern, and Harry, the other burglar played by Joe Pesci. Other characters in this film are Buzz the brother, mean Uncle Frank, and creepy old man Marley. The title of the film hints to the audience that someone is home alone, but the viewer does not know what happens in the story until watching the film, which makes it more interesting. This film is about a large family who gets together for a Christmas trip to Paris, but the night before they leave there is a wind storm, which knocks out all of the power, which means their alarm clock does not go off, and they sleep in. This puts them in a mad rush to get to the airport, in turn leaving Kevin behind, and the rest continue on to a fun family adventure. One part of a filmmaker’s goal among others is to create the right mood through a believable mise-en-scene; different settings that took place in Home Alone were McCallister’s home, the airport, inside the airplane, church, a grocery store, the tree house, and Santa exhibit. The two filming locations used in this film were in Chicago, Illinois, and in Paris, France...
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...1. What is Blockbuster's amortization timetable? Do you think it is appropriate? Based on Blockbuster Entertainment Corporation and Subsidiaries consolidated financial statements, the amortization period for intangible assets related to acquired businesses is 40 years on a straight-line basis. There are two areas that are against a 40 years amortization timetable: 1. 25 years term for company franchise agreements, which is less than the amortization period. 2. Typical high-tech industry assets have a short lifecycle and current practice, which is required by the SEC is around five to seven years and it needs to be related to the nature of business acquired; in this case video stores. 2. What would be the impact on Blockbuster's 1988 earnings per share if 5-year amortization were applied to this goodwill? The application of a 5-year amortization timetable impacts the amounts that would have to be recognized as the goodwill, which would decrease Blockbuster’s net income and hence their 1988 earnings per share. 3. What would have been the effect on earnings per share if Video Superstore purchases were not included in 1988 revenues? The exclusion of the Video Superstore revenues would have reduced the earnings per share by $0.02 (loss). Check for calculation details attached spreadsheet below. 4. Over what period does BV depreciate its "base stock” videotapes? All base stock videotapes are amortized over a 36 months period on a straight-line basis...
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...They need: • the right temperatures • fresh water • food sources • places to raise their young rajan: Warmer water temperatures will cause population declines for trout, salmon and many other species that require cold water to survive. Rising ocean temperatures have already caused massive coral bleaching, leading to the collapse of these ecosystems which sustain huge numbers of fish. NEXT SLIDE Dave: people might be affected by their homes being destroyed by floods. Business owners buildings can also be affected. People might lose their jobs because the owner will have to repair whatever's been damaged and to get money he would have to get rid of people. NEXT SLIDE Rajan: the stern review was a man called sir Nicholas stern who told everyone The world has to act now on climate change or face devastating economic consequences. • We should spend 2% of our GDP reducing greenhouse gas pollution now • If we don’t do this, the effects of global warming could reduce our GDP by 20%. NEXT SLIDE Dave: what is the uk doing to limit the impact of climate change well The Government has come up with a raft of multi-billion-pound projects including new...
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...searching and finding two articles from FoxNews and MSNBC, it became easy to compare and contrast them. Both are about how NBA games have been canceled and will be canceled more in the future. The NBA should hurry up and end the lockout to make the fans and players happy without having to cancel anymore games. In the two articles, both are very similar. Comparisons from the FoxNews article and the MSNBC article could be how both talk about David Stern, (the NBA commissioner) canceling the first two weeks of the NBA season. The regular season was scheduled to begin November first, which both articles include. It would be the first time the NBA had games canceled since the 1998-99 schedule was reduced to 50 games due to a work stoppage. Both articles conclude the meeting that was called off which actually led to the first two week cancellation. The cancellation is a major economic blow and loss to the country’s 29 NBA arenas including the Toronto Raptors arena in Canada. The NBA lockout articles have a lot to do with Commissioner David Stern, deputy commissioner Adam Silver, and all NBA team owners. They all have say in the lockout agreement. If one person does not agree, the NBA union can not resume the NBA schedule. Both articles talk about this a lot, which is a great...
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...Schindler’s list The movie began in 1939, and Schindler was very into alcohol, womanizing, and making money. He bought a Jewish factory in Krakow called Deutsche Email Fabrik. In order get the resources necessary; he talked to his key contact throughout the entire movie, a Jewish accountant by the name of Itzhak Stern. Stern informed him that Jewish labor was cheaper than Polish Labor. Schindler, of course being interested in having a higher profit, went and hired the Jews, thus beginning his relationship with them. The produced pots, pans, basins, and other items as such, and then later on, munitions. At certain points in the movie, it was hard to tell that he was changing. At certain moments, it seemed like he was, but then the next second, he would turn around and act the same as he always did. Such as when Stern brought in the one-armed Jew to thank him for giving him a job, and while he was there, he seemed happy to be able to be helping this man, but as soon as the man left, he turned around to Stern and said, “Don’t ever do that to me again. That man has one arm, he is of no use.” There were many other moments in the movie though when you could tell that he was changing, such as when he was convincing that Nazi soldier friend of his’ slave/mistress that he actually does care about her and then kisses her on the forehead and tells her that everything will be okay. He eventually then buys her from him to save her. Another scene was the girl in the red coat...
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...Howard Michael Mandel or Howie Mandel is a television host, comedian, producer and actor from Canada. He is considered to be one of the top 100 comedians of all time. He has hosted NBC’s game show ‘Deal or No Deal’ not only in the USA but also the Canadian version of the show. He has also voiced multiple characters in shows and movies like the ‘Muppet Babies’, and ‘Gremlins’. He has acted in TV shows like ‘St. Elsewhere’, where he played the notorious intern Dr. Wayne Fiscus. Howie has also performed in ‘Good Grief’, ‘Lois & Clark: The New Adventures of Superman’, and ‘Bobby’s World’. Mandel has also appeared in a number of movies like ‘Walk Like a Man’, ‘Hansel and Gretel’, and more recently ‘Killing Hasselhoff’. Besides being an accomplished actor, he has also been the executive producer for a number of shows like ‘Bobby’s World’, ‘The Howie Show’, and ‘Deal with It’. He is a judge on the hugely popular ‘America’s Got Talent’ with Mel B, Simon Cowell and Heidi Klum. **Childhood & Early Life *Mandel was born on November 29, 1955, in Willowdale, Toronto, Ontario, Canada to Al Mandel and Evy Mandel. His parents were of Polish descent and Jewish. His father manufactured lightings and worked in the real estate. *While on a trip to Florida, as a child, a sand fly infected him with larvae and they grew visibly under his skin. While he got rid of the infection with the help of doctors and his mother, this would lead to severe OCD for the rest of his life. *He went to William Lyon...
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...The case study addresses the history of the radio economy and WFNX’s struggle to maintain a competitor in the industry. WFNX-101.7 FM was a small radio station started by a local media conglomerate called The Phoenix Media/ Communications Group in 1983. WFNX was actually founded to serve as a link to the company’s flagship newspaper “The Boston Phoenix” which was known as the largest alternative weekly in New England. Speaking from an external standpoint, the industry’s consumers were well educated, affluent, well-read, single professionals and students at the time that were unsatisfied with mainstream media. These were the targets of the newspaper, and as a result WFNX would speak out to them in their own form of “alternative music.” Critical issues arise already because this company goes against mainstream media and is targeted toward a smaller minority of individuals. Alternative music was newly being introduced and proved to be acceptable on a smaller scale than other forms of music such as Rock and Roll and Pop. The biggest key internal problem faced by the company is the stubbornness and lack of long-term vision in their human resources (PD Program Directors). The company received a huge spurt in growth after their Green Day concert; however their follow-up was rendered useless. Kurt St. Thomas’s prophetic vision created an excellent opportunity for the little 3,000 watt radio station to become a major competitor in the radio industry. While their competitors worked...
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