Bear Minimum Essay Example for Free

Bear Minimum Essay The lease of a combustion turbine by Big Bear Power from Goliath Co includes three provisions that we must examine to determine whether they should be included in the â€Å"minimum lease payment† as defined in ASC 840. Provision 1 This provision involves Big Bear paying $500,000 to its external counsel, and $1 million of legal fees to Goliath Co. The $1 million fee to Goliath Co. should be included in the minimum lease payment. This is supported by 840-10-25-6 which states: Fees that are paid by the lessee to the owners of the special-purpose entity for structuring the lease transaction†¦shall be included as part of minimum lease payments. The $500,000 to its external counsel should not be included because it was not an obligatory cost for the lease. Provision 2 To determine if the penalty payment from a default would be included in the minimum lease payment, we look at ASC 840-10-25-14: [Default covenants related to nonperformance do not affect lease classification if all of the following conditions exist: a. The default covenant provision is customary in financing arrangements. b. The occurrence of the event of default is objectively determinable (for example, subjective acceleration clauses would not satisfy this condition). c. Predefined criteria, related solely to the lessee and its operations, have been established for the determination of the event of default. d. It is reasonable to assume, based on the facts and circumstances that exist at lease inception, that the event of default will not occur. In applying this condition, it is expected that entities would consider recent trends in the lessees operations. If any of those conditions do not exist, then the maximum amount that the lessee could be required to pay under the default covenant shall be included in minimum lease payments for purposes of applying paragraph 840-10-25-1] The first condition about the default covenant provision being customary does exist due to the note stating that â€Å"this is a customary provision in  leasing arrangements†. The company has positive cash flow and is in compliance with all its debt covenants, which supports Big Bear’s belief that the chance of default is low. Thus conditions 2 and 4 are met. Condition 3, which involves predetermined criteria in case of a default, does not seem to have been met. Since not all the conditions have been met, the default payment covenant shall be included in the minimum lease payment. Provision 3 This provision states that Big Bear’s rent of $1 million will increase by the same percentage increase in the CPI. The most recent annual increase in CPI was 4%. 840-10-25-4 states that â€Å"lease payments that depend on an existing index or sate, such as the CPI or prime interest rate, shall be included in minimum lease payments based on the index†. Therefore after the first year, the minimum lease payment will rise by $40,000 per year or $3,333.33 per month.

Handheld Mobile Devices Essay -- Technology

Research has shown that use of hand held mobile phones while driving can increase the risk of crash by up to 23 times (Vic Roads, 2009). In an attempt to curb the number of people taking such risks, TAC launched a campaign to bring awareness to the problem of distracted drivers, many of whom are distracted by hand held mobile phones, commonly used to talk or text while driving. Considering the statistics regarding the chance of crash when engaging in such activities and the prevalence of the problem, TAC has launched the campaign with hope of creating attitude change. The TAC advert, witnessed by participants of this study, shows various situations of distracted drivers. Two situations of specific relevance to this study, talking on a hand held mobile and texting whilst driving. In all occasions the danger is present, in the final situation the danger is realised via the crash. ‘Attitude’ can be defined as a set of beliefs, feelings, behavioural tendencies and evaluations, that are mostly enduring, and are positive or negative in nature, regarding some person, group, object, issue, event or symbol (Vaughan and Hogg, 2011). This reveals the problematic nature of any attempt to use persuasion to force attitude change. While enduring, resilient attitudes are unlikely to be easily altered, it is not impossible to do so. A dual process theory was proposed by Petty and Cacioppo (1981), the Elaboration Likelihood Model in which, attitude change can occur via two processes. The Elaboration Likelihood Model postulates two processing routes of persuasion, the Central Route, and the Peripheral Route. The former refers to more careful thought utilising more cognitive resources, while the latter, less motivated, less car... ...erely the hand held mobile. It has been speculated that laws pertaining to banning of mobiles whilst driving should include hands free mobiles. Future research should utilise this information and perhaps measure attitudes regarding all phone use whilst driving rather than only hand held phone use. This study has utilised the two processes of elaboration set out in the Elaboration Likelihood Model, to measure the success of the TAC campaign, in changing attitudes of favourability towards the dangerous practice of using a hand held mobile whilst driving. The results of the study show that attitude change is possible via both Central and Peripheral Route processing, as measured before and after viewing the TAC advertisement. Central Route processing has a clear advantage and was significantly more effective than Peripheral Route processing in attitude change.

Comparing Two Poems

Monday, 27 September 2010 Compare the similarities and differences between two Ballads, Charlotte Dymond and John Lomas. Charlotte Dymond and John Lomas, are two poems which share several techniques. They also, however are different in many ways. This essay will explore their similarities and their differences and explain reasons why the two ballads are different or similar. For example, both poems have a theme of murder. Ballads normally have a sad or shocking story, so this is very common. In both poems the murderer is always hanged after murdering another person. In Charlotte Dymond, the murderer is her lover.In John Lomas, the murderer is John Lomas. The murder controls the ballads and there is no point in the ballads which are happy, this means that the ballads can be quite depressing because they are so sad. John Lomas is quite sad because the murderer John Lomas is telling the story with a great amount of regret. In both poems a razor is used to kill the victim. Razors come ou t of a small wooden holder, so it would be easy to hide at your wrist, or like in Charlotte Dymond, Matthew had the razor ‘waiting at his wrist’. A difference between the two poems would be; in Charlotte Dymond the writer uses a range of different languages.For example, similes are used a lot, like in stanza fourteen there are two similes, they are; her skin was soft as sable, and her eyes were wide as day. Whereas in John Lomas, there is only one simile in the whole ballad, that simile is; my conscience did like fuel burn. That simile is in stanza nine. In comparison Charlotte Dymond has four similes and John Lomas has one. Similes are when you say something is like another thing or when someone says some as so for example the tree was like a wall, or the journey was as long as a mountain.The writer could of not wanted more similes in John Lomas because maybe he didn’t want things to be referred to as something else. Another difference is that in Charlotte Dymon d the writer uses lots of alliteration, they use alliteration twelve times in the whole poem an example would be; why do you sit so sadly, your face the colour of clay, and with a green gauze handkerchief, wipe the sour sweat away? That is actually the whole of stanza eleven. In contrast to in John Lomas, where there is only one line of alliteration. This line is in stanza nine and it is; my crime was of so deep a dye.This is quite a significant difference. Some people think that alliteration is when two or more words in a sentence, line have the same starting letters. But it’s not that simple, the words have to have the same sound to go with the same letters. The writer may not have wanted alliteration because he thought that it was hard to find two words with the same letter and sound. A similarity between Charlotte Dymond and John Lomas is both poems have four line stanzas. The number of stanzas is different John Lomas having fourteen stanzas and Charlotte Dymond having tw enty three stanzas.This is important to know, because generally four line stanzas is a usual number of lines, but you can get stanzas with more than four lines. Having more stanzas increases the space for a range of language, and it also increases the space to describe the story in more detail. Maybe the writes had a list of key points during writing the ballad which were the key points of the story and they decided that the list was finished after fourteen or twenty three stanzas, maybe the writer couldn’t add any more detail to the stanzas without making the rhyme scheme change or the amount of stanzas change.If these two things were to happen it would mean that the rhythm would ‘go out the window’ because it would no longer work as it did before. A difference between the two poems is that Charlotte Dymond uses metaphors for example; her cheeks were made of honey and; her throat was made of flame. Whereas in John Lomas there are no metaphors in the whole ballad . This may be because the ballad only has fourteen stanzas and the poet could not fit any metaphors in or it could be because, he chose not to put any metaphors in the poem.A metaphor is when you say something is something for example ‘my dog is a great big ball of fluff’ in this I am saying that my dog is actually a great ball of fluff not as or like when you use a simile but he is a ‘great big ball of fluff’ this is very direct and as though the writer is actually talking to you as a reader if the writer is talking in third person like in Charlotte Dymond so the writer may not want to write something so direct.Whereas in John Lomas the writer is talking about when he killed the victim and so he might want to be direct when he is talking to the reader. Another difference between the two poems is that in Charlotte Dymond the poet writes in third person as in talking about something happening in this case the murder of Charlotte Dymond. This means that the m urder could be changed to fit the criteria of what the murderers friend or the victims friend.This means that the poem could have been changed to fit what the writer wanted for example the writer might be the murderer’s friend, so he might want to make the murder not seem as bad as it actually was. Or the person might be the victim’s friend so they want to make the murderer look as bad as possible. Whereas in John Lomas the writer is actually the murderer. He is talking about the murder whilst he is in prison waiting to be hung. This means that his mind might be somewhere else which might be the reason that there is not a lot of detailed description.But that might not be the only reason that there isn’t a lot of description because the ballads were written in the eighteen hundreds, then it might have been more important to have a regular rhythm and rhyme scheme than to have extremely detailed stanzas. I think that I prefer Charlotte Dymond to John Lomas because I like the way it is more detailed, and I prefer the ballad being in third person, and the way the poem has a lot of similes and metaphors and alliteration.

How Drugs Can Affect Person s Mental State - 843 Words

A medicine or other substance which has a physiological effect when ingested or otherwise introduced into the body Drugs are substances that change a person s physical or mental state. The vast majority of drugs are used to treat medical conditions, both physical and mental. Some, however, are used outside the medical setting for their effects on the mind.’’ These are referred to as recreational drugs, and many of them are illegal in all fifty states’’(Quain). There are several different kinds of drugs. When a doctor prescribe you a medication and you use it as followed it is still considered a drug because it altar’s your body normal body cells, it can impair how you think see and handle situation’s while under the influence this is why medicine bottles or labled that while taking this medication it can alter how you handle situtions and you shouldn’t drive a car until you know how the drug will affect your body. Drugs can affect person s mental state, whether prescribed for a medical condition or taken for recreational purposes such as alcohol. There are some drugs affect the way a person thinks and feels—which may also affect the way they behave. Many people misuse used legal drugs, apart from drugs taken on prescription, are alcohol and tobacco. The most commonly used illegal drug is cannabis (marijuana). People use marijuana for the purpose of getting high . Stimulants increase the activity of the central nervous system, Examples of stimulants areShow MoreRelatedEffects Of Marijuana On The Body1495 Words   |  6 Pagesillegal drug used in the United States; its use comes with severe adverse side effects that are often overlooked. Long-Term use of marijuana sis shown to have negative effects on physical, mental, and environmental health. Studies have shown that in the United States, up to 20% of daily marijuana users become dependent (Marijuana and Lung Health) showing a physical or emotional need for the drug. Marijuana use has the potential to affect every aspect of a person s physical and mental wellbeingRead MoreThe Effects Of Drug Addiction On Children1506 Words   |  7 PagesIntroduction When an individual is struggling with drug addiction problems, the family is affected physically, mentally, and emotionally. The disease not only changes the addict’s whole life, but it changes the lives of their family members as parents get torn apart from themselves and each other. The role of each family member begins to shape around what is in the best interest of the addict. This research paper is an overview of the effects that raising a drug addicted child has on parent’s ability toRead MoreDrug Dependence And Addiction : Drugs1231 Words   |  5 Pagesis an obvious assumption that drugs have an effect on the mind, but what exactly goes on and how do these substances affect your brain and change your state of consciousness? This is the question that interested me and brought me to want to write about this certain topic. Drugs alter the way people think, feel, and behave by disrupting neurotransmission, the process of communication between brain cells. Over the past few decades, studies have established that drug dependence and addiction are featuresRead MoreDrug Dependence And Addiction : Drugs1231 Words   |  5 Pagesis an obvious assumption that drugs have an effect on the mind, but what exactly goes on and how do these substances affect your brain and change your state of consciousness? This is the question that interested me and brought me to want to write about this certain topic. Drugs alter the way people think, feel, and behave by disrupting neurotransmission, the process of communication between brain cells. Over the past few decades, studies have established that drug dependence and addiction are featuresRead MoreEffects Of Marijuana On The Minds Of Many Americans1257 Words   |  6 Pagesnot as harmful as some other drugs. On the other hand, scientists, doctors, and the rest of Americans view marijuana as a dangerous drug that should stay illegal because of the harmful effects that it can have on a person. Negative views of marijuana present themselves in New York Times articles through the idea that it can have harmful effects on the body. These negative views about marijuana have stayed the same because of the constant concern over physical and mental repercussions for those whoRead MoreThe Harmful Effects Of Marijuana On The Minds Of Many Americans1250 Words   |  5 Pagesas harmful as some other drugs. On the other hand, scientists, doctors, an d the rest of Americans view marijuana as a dangerous drug that should stay illegal because of the harmful effects that it can have on a person. Throughout New York Times articles, negative views of marijuana are presented through the idea that it can have harmful effects on the body. The negative views about marijuana have stayed the same because of the constant concern over physical and mental repercussions for those whoRead MoreReaction Paper On Limitless1592 Words   |  7 Pages In the movie Limitless, Bradley Cooper plays author Eddie Mora who is in a state of mental stagnation and cannot write a word to fulfill his book deal. Early in the movie Eddie comes across a substance called â€Å"NZT†. This substance turned out to be a drug that could unleash his untapped cognitive potential. Within one day of taking the pill he was able to complete the stalled book and create his formula which later allowed him to become an enigma on Wall Street. The premise of the movie is very interestingRead MoreHow Drugs Can Cause Mental Illness1242 Words   |  5 Pagessubstances can do to someone s body and also their brain. I have heard a lot of theories but i am interested in finding the facts about it . I will be looking up what mental problems can be causes by using drugs or if not caused brough out. If i discover that drugs can cause mental illness than i want to know what drugs in specific causes them the most. I also would like to find out what happens to an adolescent brain when they abuse drugs and alcohol, V.S. the normal brain. Also how it may affect themRead MoreDrugs And Its Effects On The Brain884 Words   |  4 Pagespsychoactive drugs that are available on the market, pharmaceutically or illegally, closely resemble neurotransmitters and are actually able to mimic it to the extent that it fools the receptors. Basically, these drugs hijack the neurotransmitters. Once these drugs are ingested, it enters into the brain, gets into the synapse and binds itself to the receptor. This then causes the inappropriate release of neurotransmitters and alter the breakdown and recycling of neurotransmitters or can be used toRead More9. Creutzfeldt-Jakob Disease (Cjd). It Is A Rare, Degenerative1677 Words   |  7 Pages9. Creutzfeldt-Jakob disease (CJD) It is a rare, degenerative but fatal brain disorder affecting very a small fraction of persons. The symptoms usually arise at the age of 60 and the person dies within a year. Many researchers believe that this disorder is the result of an abnormal protein known as prion. About 5-10% cases reported in the United States share a genetic basis where this form of dementia is caused by a mutation in the gene for the prion protein. Patients with Creutzfeldt-Jakob disease