Friday, January 24, 2020

Irony in Ballards Chronopolis :: Ballard Chronopolis Essays

Irony in J. G. Ballard's Chronopolis J. G. Ballard gives us a good idea of the irony in 'Chronopolis' from the very beginning - the actual name 'Chronopolis' - city of time - is an ironic name for a city that has no time Throughout the story Ballard's view of time acts as a focus to the story, around which the plot revolves. The central point of the story is a world without time, without which the story would have no point - none of it would have happened, and it would be just like our world. The impression of time we are given at the beginning of the story is an ironic one, because it seems that time is important, but not really understood; we are told that Newman is in prison for understanding time - yet while he is in prison he controls the situation because of his knowledge of time, and organises the events of the day for Brocken (the block sergeant); 'Brocken... relied on Newman to programme the day for him'. The fact that Newman is 'serving time' for being obsessed with time is the first instance of irony through language that we are given in Chronopolis. This again brings our attention to the irony of Ballard's view of time, and provokes the reader to look more deeply into the text, thus discovering more about the way time works in the world of Chronopolis. At this point we do not learn any more about what happens to Newman, but instead the story has a flashback to when he was a child, and became interested in time. In this way the story is anachronistic - it is not in chronological order, and instead it switches between different points in time. This brings our attention to the way time works in 'Chronopolis'. Due to the fact that they have no time, their world is muddled up, and thinks have no real order - and this is reflected in the way Ballard writes the story. We are then told the story of Newman's childhood, and the way he slowly discovers time and gains an interest in it. Next we are told by Stacey (Newman's English teacher) why time is against the law: 'You can time [someone], know exactly how long it takes him to do something... then you can make him do it faster.

Thursday, January 16, 2020

Preferred Stock and Common Stock

29) All of the following features may be characteristic of preferred stock EXCEPT A) callable. B) no maturity date. C) tax-deductible dividends. D) convertible. Answer: c If a firm has class A and class B common stock outstanding, it means that A) each class receives a different dividend. B) the par value of each class is different. C) the dividend paid to one of the classes is tax deductible by the corporation. D) one of the classes is probably non-voting stock. Answer: D 33)Julian is considering purchasing the stock of Pepsi Cola because he really loves the taste of Pepsi. What should Julian be willing to pay for Pepsi today if it is expected to pay a $2 dividend in one year and he expects dividends to growth at 5 percent indefinitely? Julian requires a 12 percent return to make this investment. A) $28. 57 B) $29. 33 C) $31. 43 D) $43. 14 Answer: A Nico Custom Cycles' common stock currently pays no dividends. The company plans to begin paying dividends beginning 3 years from today. The first dividend will be $3. 0 and dividends will grow at 5 percent per year thereafter. Given a required return of 15 percent, what would you pay for the stock today? A) $25. 33 B) $18. 73 C) $29. 86 D) $20. 72 Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its dividends will grow by 20 percent next year, 12 percent annually for the two years after that, and then at 6 percent annually thereafter. Based on this information, how much should Jia's Fashions common stock sell for today if her required return is 10. 5%? A) $54. 90 B) $60. 80 C) $66. 60 D) $69. 30 Answer: C Preferred Stock and Common Stock 29) All of the following features may be characteristic of preferred stock EXCEPT A) callable. B) no maturity date. C) tax-deductible dividends. D) convertible. Answer: c If a firm has class A and class B common stock outstanding, it means that A) each class receives a different dividend. B) the par value of each class is different. C) the dividend paid to one of the classes is tax deductible by the corporation. D) one of the classes is probably non-voting stock. Answer: D 33)Julian is considering purchasing the stock of Pepsi Cola because he really loves the taste of Pepsi. What should Julian be willing to pay for Pepsi today if it is expected to pay a $2 dividend in one year and he expects dividends to growth at 5 percent indefinitely? Julian requires a 12 percent return to make this investment. A) $28. 57 B) $29. 33 C) $31. 43 D) $43. 14 Answer: A Nico Custom Cycles' common stock currently pays no dividends. The company plans to begin paying dividends beginning 3 years from today. The first dividend will be $3. 0 and dividends will grow at 5 percent per year thereafter. Given a required return of 15 percent, what would you pay for the stock today? A) $25. 33 B) $18. 73 C) $29. 86 D) $20. 72 Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its dividends will grow by 20 percent next year, 12 percent annually for the two years after that, and then at 6 percent annually thereafter. Based on this information, how much should Jia's Fashions common stock sell for today if her required return is 10. 5%? A) $54. 90 B) $60. 80 C) $66. 60 D) $69. 30 Answer: C

Wednesday, January 8, 2020

The Ethical Dilemma Of The United States - 2001 Words

The 44th president of the United States, Barack Obama, granted clemency to 248 drug offense convicted felons with 61 of those being recently added to the release list. Over 9,115 inmates have met qualifications and have petitioned for clemency as well. President Obama has recently expressed that he is making his focus on reforming the Criminal Justice system. He has made clear vocally through many press conferences that he does not believe that these non-violent drug offenders, some having life sentences, should be behind bars. The initial ethical dilemma would be the releasing of the inmates, but upon further research into the topic, the dilemma becomes the effect of these released inmates in society. There are five steps in clarifying†¦show more content†¦Three; identify all dilemmas and determine the most immediate. A previous Attorney General launched this initiative as a way to grant clemency to non-violent offenders that he felt got over sentenced based on minimum sen tencing drug laws (Washington, 1). President Obama felt this would be the best first step in reforming the Criminal Justice system. These offenders usually have no prior record or organized crime background. An example would be Wille Chevell Cameron of Panama City Beach, Florida. His information is as follows:â€Å" Offense: Conspiracy to possess with intent to distribute marijuana, a mixture and substance containing cocaine, more than 50 grams of methamphetamine (actual) and more than 50 grams of a mixture and substance containing methamphetamine; Northern District of Florida. Sentence: Life imprisonment; 10 years’ supervised release (June 14, 2006). Commutation Grant: Prison sentence commuted to expire on July 28, 2016 (Post, 1). Many of these inmates that have been released tried their case in appellate court, Chevell Cameron included, as well as some being brought all the way to the Supreme Court. The dilemmas Chevell Cameron faces after prison will not be an immediate fix, but a process. President Obama see’s the immediate dilemma of over using prison sentences and overcrowding in prisons. In reality, the immediate concern is