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Posts Tagged ‘Helpful.’

Would a Moslem Re-Education Trust be Helpful?

14 Apr

Money is a form of privilege, particularly when the money comes from just pumping oil out of the ground, and the rights to the ground were given to the Arab Moslems by the Brits and the Americans in the 1930’s. The Western powers set up and created the House of Saud and declared it to be the owner of the oil.

There are about 5000 Saudi princes. Only a few hundred are 1st generation decendants of the original King. The vast majority are second or third or fourth generation.

So far nobody in the second generation removed from the original King has become King. So, there’s a power struggle waiting in the wings.

But in the meantime, the conduct of some of the Saudi princes has been totally deplorable.

A few hundred of them routinely give huge amounts of the money to support the Madrassas movement around the world. These are schools in which very young people are trained so they are mentally ready to become suicide bombers. They must go on after the Madrassas to a Terrorist Training Camp, where they learn the operational techniques of killing Westerners with explosives and poisons.

Here’s what I think makes sense morally at this point. The Saudi Peninsula should be re-taken by the British and the Americans.

The several hundred Saudi princes that have actively supported the Madrassas movement should be put in Orange Jumpsuits and taken to Guantanamo, or maybe to a facility on Tristan de Cuna.

The remaining Saudi princes should get job training and career counselling. The women should get annuities so they have financial support that does not depend on any Saudi man.

All the the oil pumped from now on should be sold on the world market, except not to enemies of the USA and Britain (not to North Korea for example).

The cash should be used to create and set up Moslem Re-Education Centers all over the world to de-program people and if possible reverse the effect of the Madrassas movement.

Moslems should be taught that killing Westerners is not what Allah wants, that Allah will be angry with them if they do that. That it is not an automatic ticket into Paradise, in fact if innocent Westerners are killed, Allah will not permit that Moslem to enter Paradise.

It’s a U turn that’s required. And it should be paid for with money from the oil that is now called “saudi oil” — but actually is up for grabs, and we should grab it, and re-designate the use of the money it generates until the re-education process is complete, which I think would take about 75 years.

The Re-education Centers should be run by authentic genuine Imams who just happen to believe that homicidal lunacy is not acceptable conduct for Moslems, if any such people can be found.

If they cannot, then the major universities of the West should create Departments that are designed to investigate the Koran, and see if there is anything in it that would support a non-homicidal approach to Westerners. Imams can be generated, if the text of the Koran permits such an interpretation.

In any case, the very best possible people should be in charge of the re-education centers. They should have leadership qualities, and sermon writing skills and verbal delivery skills, so that they make a huge impact on the students.

Moslem nations should be told that the foreign assistance support they get from the West is entirely dependent on how many of their popualtion graduate from a Moslem Re-Education Center. This would be a four year program, leading to a Bachelor’s Degree in Non-Violent Islamic Studies.

Any students receiving such a degree would be entitled to two years of vocational training, and a year of job placement counselling.

This would all be paid for with the same saudi iol money that created the problem in the first place.

This would be a U Turn that fixes the problem.

Fixing problems is something we no longer know how to do, so any suggestion made in good faith, should be taken seriously, and considered by the Powers that Be.

Another 10 years and they won’t be powers anymore, if things keep going as they are. So it’s kind of a use it or lose it situation for USA and Great Britain. Solve the problem, or it will eliminate the present world order. Act or be passive. Live or die.

This is a choice that can be made by people who are not actually as smart as Albert Einstein. Even us!
For Maria:

Yes, I am talking about a worldwide moral code against first degree murder.

If you think this is part of my own personal culture, and that it would be wrong for me to impose my personal culture on the dear Saudi Royals, yes, then OK, I want to be wrong according to Maria.

We have to face a real problem, not an abstract moral dilemma about multi-culti psycho-babble. There are a billion people out there, and a very significant percentage of them have been brainwashed into the idea that Allah wants them to commit first degree murder on Americans and that if they do, they will go to Paradise.

You say I should value their culture as highly as my own. I say anybody that puts value on first degree murder is crazy, I don’t care what culture they come from — could be Saudi Arabia, could be American psycho-babble multi-culti High Schools.

It will cost a lot to de-program 1 billion people. Let it be Saudi money. So we need to take the oil, so the remedy can begin.
For Maria Part Two:

Yes, I would like to change their beliefs.

So instead of believing that Allah wanst them to kill Americans and they will go to Paradise if they do …

they now believe

Allah does not want them to kill Americans, or commit any other first degree murder against anybody else, and that if they do they will not go to Paradise.

You call this the Western Bandwagon. Why not just commit a couple of muders in Singapore, or Japan, or China — you will see that my idea is not actually the Western Bandwagon. It’s what all civilized people of very nation (except Saudi Arabia and their brainwashed Madrassas students) believe.

We have become so lost in value free multi-culti nonsense that our High School graduates are unable to muster the intellectual focus to stand up for the prepremptory norms of human conduct.

No culture anywhere acts like murderers and holds that a value except the Saudis.

I’m no cultural imperialist, just a regular person with values.

 
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I Need Help With Answering These Financial Question… Just Formulas Would Even Be Helpful.?

05 Oct

1 If managers are making decisions to maximize shareholder wealth, then they are
primarily concerned with making decisions that should:
a. Positively affect profits.
b. Increase the market value of the firm’s common stock.
c. Either increase or have no effect on the value of the firm’s
common stock.
d. Accomplish all of the above.
2 A firm has return on equity of 20% and a total asset turnover of 4. Assuming
a debt ratio of 50% and sales of $1,000,000, calculate net income.
a. $25,000
b. $50,000
c. $75,000
d. $100,000
3 The trading of negotiable certificates of deposit takes place on the:
a. Chicago Board of Trade.
b. New York Stock Exchange.
c. American Stock Exchange.
d. None of the above.
4 As the cost of capital is increased, the:
a. IRR remains constant.
b. Payback period remains the same.
c. Discounted payback period increases.
d. Both “b” and “c”.
e. All of the above
5 You have just won a magazine sweepstakes and have a choice of three
alternatives. You can get $100,000 now, or $10,000 per year in perpetuity, or
$50,000 now and $150,000 at the end of 10 years. If the appropriate discount
rate is 12%, which option should you choose?
a. $100,000 now
b. $10,000 perpetuity
c. $50,000 now and $150,000 in 10 years
6 The break-even quantity of output results in an EBIT level equal to:
a. Fixed costs.
b. Contribution margin.
c. Zero.
d. Variable costs.
7 If the NPV of a project is positive, then the project’s IRR _________________
the required rate of return.
a. must be less than
b. must be greater than
c. could be greater or less than
d. cannot be determined without actual cash flows
8 Given a 360-day year, the effective annual cost of not taking advantage of the
3/10, net 30 terms offered by a supplier is:
a. 55.7%.
b. 45.4%.
c. 32.3%.
d. 28.2%.
9 A company is technically insolvent when:
a. Cash outflows in a given period are greater than cash inflows.
b. Earnings before interest payments are less than the interest
payments.
c. It lacks the necessary liquidity to promptly pay its current
debt obligations.
d. The current ratio is less than 1.0.
10 Monopoly Corp. is projecting sales of $12 million next year. All sales will be
on a credit basis. The present average collection period is 45 days. Monopoly
is considering a change in selling terms from net 30 days to 2/10, net 30 in
order to speed up the collections of its receivables. Studies indicate that one
half of the firm’s customers will take the discount. If Monopoly offers this
discount, how much will it cost next year? Assume a 365-day year.
a. $87,000
b. $98,000
c. $103,000
d. $112,000
e. $120,000
11 Which of the following most likely would cause a lease to be classified as a
capital lease?
a. The lease is for five or more years.
b. The lease is for $1 million or more.
c. The lease permits the lessee to purchase the equipment at the
end of the lease for its fair market value.
d. The present value of the lease payments, calculated at the
lessee’s typical rate of interest for a similar purchase
loan, is more than the original purchase price of the
equipment.
12 UVP preferred stock pays $5.00 in annual dividends per share. If your
required rate of return is 13%, how much will you be willing to pay for one share?
a. $38.46
b. $26.26
c. $65.46
d. $46.38
13 Determine the dollar value of a three year annuity that would produce the
same NPV as the following project if the appropriate discount rate is 15%, and
initial outflow = 0.
Initial Outflow = $1,200
Cash Flow Year 1 = $800
Cash Flow Year 2 = $500
Cash Flow Year 3 = $700
a. $250.38
b. $673.94
c. $146.28
d. $430.82
14 Sola Cola Corporation is undertaking a capital budgeting analysis. The
rate on 30-year U.S. Treasury bonds is 6.3%, and the return on the S&P 500
index is 18.5%. If the cost of Sola Cola’s retained earnings is 19.7%,
calculate its beta.
a. 1.1
b. 1.3
c. 1.5
d. 1.7
15 Zybeck Corp. projects operating income of $4 million next year. The firm’s
income tax rate is 40%. Zybeck presently has 750,000 shares of common
stock outstanding which have a market value of $10 per share, no preferred
stock, and no debt. The firm is considering two alternatives to finance a new
product: (a) the issuance of $6 million of 10% bonds, or (b) the issuance of
60,000 new shares of common stock. If Zybeck issues common stock this
year, what will projected EPS be next year?
a. $2.10
b. $2.96
c. $2.33
d. $1.67
16 In the event that Zoldt Corporation, which has a low P/E ratio, were to
acquire Sky Corporation, which has a higher P/E ratio, an analyst can be
certain that one of the following will occur.
a. Zoldt Corp. will see an immediate decrease in P/E.
b. Zoldt Corp. will see an immediate decrease in EPS.
c. Zoldt Corp. will see an immediate increase in the growth rate
of EPS.
d. Zoldt Corp. will see an immediate increase in EPS.
17 Assume that an investor owned 5,000 of Chrysler Corporation common stock
prior to the purchase of Chrysler by Daimler-Benz of Germany. At the time
of the acquisition, the dollar was worth 1.7848 German marks. Further
assume that the purchase price was equal to 107.09 marks per share.
What was the sales price of Chrysler common stock per share in U.S.
dollars?
a. $50
b. $191
c. $107
d. $60
e. None of the above
18 If a company’s average collection period is higher than the industry average,
then the company might be:
a. Enforcing credit conditions upon its customers which are too
stringent.
b. Allowing its customers too much time to pay their bills.
c. Too tough in collecting its accounts.
d. Too liquid.
19 Kiosk Corp. has current assets of $4.5 million and current liabilities of $3.6
million. The current ratio is 1.25, and the quick ratio is 0.75. How much
does Kiosk have invested in inventory (in millions)?
a. $0.8
b. $1.8
c. $2.4
d. $2.9
e. $3.6
20 A firm has a total asset turnover of 2, a net profit margin of 5%, and a debt
ratio of 50%. If the firm has a dividend payout ratio of 20%, calculate its
sustainable growth rate.
a. 14%
b. 16%
c. 18%
d. 20%
21 If you have $20,000 in an account earning 8% annually, what constant amount
could you withdraw each year and have nothing remaining at the end of five
years?
a. $3,525.62
b. $5,008.76
c. $3,408.88
d. $2,465.78
22 A firm has a degree of combined leverage of 1.25. Price per unit is $15 and
variable cost per unit is $5. Interest expense is $10,000 and fixed costs are
$190,000. Calculate the quantity of output produced.
a. 100,000 units
b. 120,500 units
c. 150,000 units
d. 200,000 units
23 A stock currently sells for $63 per share, and the required return on the
stock is 10%. Assuming a growth rate of 5%, calculate the stock’s last
dividend paid. (Rounded)
a. $1
b. $3
c. $5
d. $7
24 An optimal capital structure is achieved:
a. When a firm’s expected profits are maximized.
b. When a firm’s expected EPS are maximized.
c. When a firm’s expected stock price is maximized.
e. When a firm’s break-even point is achieved.
25 An investor in the 40% tax bracket owning a tax-exempt bond yielding 6%
realizes an equivalent before-tax yield of:
a. 12%
b. 10%
c. 8%
d. 6%