writing homework on Strategic Management of English as a Second Language.

/in /by

Need help with my writing homework on Strategic Management of English as a Second Language. Write a 1250 word paper answering; It has been depicted that despite considering English as a second language, students are not been able to ensure efficient results within their academic learning. People often avoid themselves interacting with others who are fluent in English since their knowledge with regard to the same is quite lethargic. This aspect takes place mostly in schools where children with less fluency in English tend to remain secluded from the ones who is quite good in this particular domain of study. The quote presented within the study Pappamihiel (2002) i.e. “In fact, preservice teachers who go out into the schools often write in their journals that ELL students often interact less in the mainstream classroom, choosing instead to remain as far away as possible from the action of the classroom.” (Pappamihiel, 2002, pp. 1) depicts the lack of interaction between two separate groups owing to the language of English as a barrier.

There is also assumed to be a relationship between English language anxiety in English Language Learners (ELL) and English Language Anxiety Setting (ELAS), which further influence the confidence of individuals associated with speaking English. In this context, language accommodation has been highlighted as an important approach used towards dealing with the language issues of the people or the students, to be specific. In a similar topic, the learning of any individual with regard to the English language is also deemed to extensively impacted by the level of anxiety he/she is dealing with. This means that people who are scared towards learning and speaking English will find it quite difficult to execute the entire process. A fear towards the learning of the language will certainly result as negative for the learner. To depict the relation amid anxiety and learning, English as a second language has been one of the core ideas presented by Pappamihiel (2002) within the study. Elaborating more on the prevalence of anxiety in learning, the study has also provided a notion with regard to the various forms of anxiety that exists in a considerable manner (Pappamihiel, 2002).

1. You are now ready to determine the free cash flow. Compute the free cash flow for each year using the financial reports provided for XRO for 2020. Set up the computation of the free cash flow in separate, contiguous columns for each year of the data center’s life in Excel. Be sure to make outflows negative and inflows positive. a. You may assume that the data center’s profitability will be similar to XRO’s existing projects in 2020 and estimate its profit margin by dividing XRO’s “operating income or loss” by its “total revenue”.

/in /by

BAFI3258 – Managerial Finance
Assessment Task 3: CASE STUDY (100 marks – 40%)
The Case Study introduces an opportunity to review the learning materials and employ what
have been learnt to the process of making investment, financing and dividend decisions. This
assessment covers all the CLOs of the course, and it is worth 40% of the Final Result.
THE CASE STUDY CONSISTS OF THREE PARTS (PART 1, 2 &3).
You are the Chief Financial Officer (CFO) of Xero Limited (XRO.AX). Recently, XRO is
venturing into the end-to-end encryption-based accounting software and partnering with the
blockchain giant ULTRA. Two companies are working together to develop a blockchain-based
hyperscale data center for the cloud-based encryptions. Building such data center would require
a large investment from XRO. As a result, the development of this new data center will initially
require a capital expenditure equal to 30% of the “cash and cash equivalents” for the fiscal
year ended 31 December 2020 (i.e., = 0).
This new data center is expected to have a life of five years. The depreciation is calculated
using the straight-line method. Both the estimated and actual salvage values are assumed to be
zero (i.e., to protect the patient privacy and confidentiality, this data center will be destroyed
at the end of the useful life. Hence, the actual salvage value is zero).
First-year revenue from this data center is expected to be 8% of the “total revenue” for XRO’s
fiscal year ended 31 December 2020. The data center’s revenue is expected to grow at 15% for
the second year, then 10% for the third, and 5% annually for the final two years of the expected
life of the project. Your role in this project is to determine the cash flows associated with this
data center. The CEO of XRO has informed you that the operating margin is similar to the rest
of the XRO’s existing projects.
Section 1: Complete this section using Excel. For calculation purposes, assume we are at 1
January 2021. (30 marks)
1. You are now ready to determine the free cash flow. Compute the free cash flow for each
year using the financial reports provided for XRO for 2020.
Set up the computation of the free cash flow in separate, contiguous columns for each year
of the data center’s life in Excel. Be sure to make outflows negative and inflows positive.
a. You may assume that the data center’s profitability will be similar to XRO’s existing
projects in 2020 and estimate its profit margin by dividing XRO’s “operating income or
loss” by its “total revenue”.
b. Determine the annual depreciation by assuming XRO depreciates the data center by the
straight-line method over a 5-year life (both the estimated and the actual salvage values are
zero).
c. Assume that XRO’s effective tax rate is 30%. For simplicity, assume that the tax credit
cannot be carried forward and XRO does not have any existing tax liabilities. Then calculate
2
RMIT Classification: Trusted
tax expense for each year.
2. Determine the internal rate of return of the project using the Excel function.
Section 2: Complete this section using Excel and report your answers in a Word document.
Estimate the CAPM and Calculate Net Present Value Calculations as well as interest tax
shield (40 marks)
1.Determine the cost of capital using data over the five-year period ending 31/12/2020 (i.e.
4/1/2016 – 31/12/2020).
a. Using XRO daily stock price, All Ordinaries daily price and daily risk-free yield
that are provided in the spreadsheet to compute CAPM . The can be
estimated by regressing the XRO daily excess return on the market (All
Ordinaries) daily excess return. Present the graph with the best fitting line and
a regression output table in your Excel worksheet. Using other methods of
computing will be penalized. Calculate the cost of equity using CAPM.
b. Calculate the cost of debt by dividing the company’s “Interest Expense” by the
“Long-term Debt” for 2020. You may assume this cost of debt applies to this
XRO’s new investment.
c. Calculate the weighted average cost of capital (i.e., note that you should use the
closing share price on 31 December 2020 to calculate the equity weight in
WWCC). You may assume the financing of the data center’s capital expenditure
is in line with the XRO’s current capital structure. The ongoing cash outflows
on expenses can be covered by the ongoing cash inflows, and thus no additional
financing is required.
2. Calculate the NPV for this project.
3. How sensitive is the interest tax shield to changes in the level of debt?
4. Provide a sensitivity table for interest tax shield with the level of debt incrementing by
10%. Your starting point should be the actual level of debt that XRO adopts and the
maximum amount of debt allowed is 75%. You may assume that XRO is making nil
profits on all other products/projects.
Your sensitivity table should look like this:
Interest tax shield Year 0
30% (assumed
starting level of
debt)
40%
50%
60%
70%
80%
Section 3: Answer the following questions in a Word document. You do not need any
references in answering these questions. (30 marks)
1. Compare the internal rate of return (IRR) and the weighted average cost of capital
(WACC) of this project. Please explain what causes the difference between IRR and
WACC in this particular project. Please provide reasons with respect to
(cost of
3
RMIT Classification: Trusted
equity) and (cost of debt), separately.
2. Discuss the result in the interest tax shield sensitivity table.
3. Based on your answers in Q1 and Q2 of Section B, please analyze XRO’s current capital
structure (i.e., please provide advantages versus disadvantages associated with XRO’s
current capital structure choice based on Modigliani–Miller theorem). In addition,
please illustrate what can you do to further optimize XRO’s capital structure.
Instructions:
1. You should name both your Excel and Word documents (i.e., your full name and
student ID).
2. Your Excel file should contain 3 worksheets. Worksheet 1 is named ‘XRO financial
statements’. You should copy the financial statements provided into this worksheet.
Worksheet 2 is named ‘Data’, which contains the daily prices and returns (and excess
returns) of XRO stock and S&P500. Worksheet 3 is named ‘Calculation’ and it should
contain all your calculations for Sections 1 and 2.
4
RMIT Classification: Trusted
Table 1: Income Statement for Xero Limited (i.e., this table is also provided in the Excel
File)
Income Statement
All numbers in thousands 12/31/2020
Total revenue 700,235
Cost of revenue 103,911
Gross profit 596,323
Operating expenses
Research development 173,792
Selling general and administrative 391,764
Total operating expenses 565,555
Operating income or loss 30,768
Interest expense 29,245
Total other income/expenses net 1,095
Income before tax 9,591
Income tax expense 6,338
Income from continuing operations 3,252
Net income 3,252
Net income available to common 3,252
Basic EPS 0.02
Diluted EPS 0.02
Basic average shares 140,922
Diluted average shares 143,278
EBITDA 38,836
5
RMIT Classification: Trusted
Table 2 Balance Sheet for Xero Limited (i.e., this table is also provided in the Excel File)
Balance Sheet
All numbers in thousands 12/31/2020
Assets
Current assets
Cash
Cash and cash equivalents 105,320
Other short-term investments 417,327
Total cash 522,647
Net receivables 7,423
Other current assets 1,809
Total current assets 700,507
Non-current assets
Property, plant and equipment
Gross property, plant and equipment 127,098
Accumulated depreciation -42,630
Net property, plant and equipment 84,467
Goodwill 76,799
Intangible assets 256,871
Other long-term assets 2,479
Total non-current assets 424,274
Total assets 1,124,781
Liabilities and stockholders’ equity
Liabilities
Current liabilities
Accounts payable 10,349
Deferred revenues 9,366
Other current liabilities 5,934
Total current liabilities 113,222
Non-current liabilities
Long-term debt 413,949
Deferred tax liabilities 1,086
Other long-term liabilities 6,479
Total non-current liabilities 599,776
Total liabilities 712,998
Stockholders’ equity
Common stock 660,564
Retained earnings -332,004
Accumulated other comprehensive income 83,223
Total stockholders’ equity 411,783
Total liabilities and stockholders’ equity 1,124,781

prepare and submit a term paper on David Coles Interview with Dr. Franciszcek Piper. Your paper should be a minimum of 250 words in length.

/in /by

You will prepare and submit a term paper on David Coles Interview with Dr. Franciszcek Piper. Your paper should be a minimum of 250 words in length.

The truth has to be in the middle of Holocaust experts and revisionists. The problem is the historical facts can be questioned due to the circumstances of the last days of World War II.If revisionists want to change the way history is remembered, picking and choosing facts to attack is not an option. To convince the general public, much fewer experts, Mr. Cole would have to look at Auschwitz as a whole. He focused all of his attention on Auschwitz I. Eye witness accounts (which he totally dismisses) and camp records show that Auschwitz I was not made of solely Jews.

Political prisoners and privileged prisoners were housed in this camp. Auschwitz-Birkenau was the place most eyewitnesses reported gassings. These gas chambers and crematoriums were destroyed as the Germans retreated from the Russians. Mr. Cole only briefly mentioned the destroyed remains and solid proof at this camp. If the goal was to find proof that gas chambers did not exist, why did Mr. Cole not explore this avenue more?The truth lies in the middle. Mr. Cole wants irrefutable proof now about Auschwitz.

That is impossible due to the fact Russia controlled the area until the collapse of communism. Why not research the records of the time that do exist? Too many questions linger to conclude that the gas chambers did not exist.

submit a 1750 words paper on the topic The Movie Industry.

/in /by

Hi, need to submit a 1750 words paper on the topic The Movie Industry.

As with any industry, the film industry is always under threats of many sorts, including financial, operational, technical, natural, and execution. These aspects are part of the ever-changing industry, still keeping employees on their toes. As rocky as the film industry is, it is nothing compared to how rocky the threats can be. What may be an industry hazard one day might not even be on the employees’ minds by the next day.

&nbsp.

&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp. The financial threats that the film industry is facing right now have to do with the failing economy mainly.

Money is the most critical aspect of the film industry. Without money, there can be no employees to create movies, therefore no film, so a considerable portion of the entertainment industry is slowly but surely facing the same financial crisis as other industries. Before the recession, the film industry was always flourishing with new employees and new opportunities. the employment rate was larger than the unemployment rate, which was almost nonexistent. In the film industry, the only way a person could get fired is to royally mess up a project, losing money for the production.

There are seldom such massive mistakes. once you are fired from the film industry, you cannot come back.

&nbsp.

&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp. Business failure within the film industry, while entirely possible, is also difficult to arrive at. Even regardless of the recession, a business within the film industry is still strengthening as it has been since the first movie was created. The film industry consists of two branches: mainstream and independent. Even if something drastic were to happen to the mainstream film industry, such as the failing economy making it impossible to get people to sponsor and finance a film, the independent portion of the industry still has what it takes to produce films since it does not depend so much on the help of others to get movies made.

&nbsp.

&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp.&nbsp. Other financial threats can be seen while a movie is being produced. Each film is granted a budget, though it has become common that most productions go over this budget. There are special types of insurance for these cases, in which the producer and the director are not troubled too much if they ever go a specific limit. However, if they exceed the limit by too much, then the production is taken over and shot for less.

When money is taken to cover the extra expenses, that is less money for another film, which, if constant, can be damaging to the film industry.