Essays on Perpetuity

Abstract

The current discussion is aimed at the dissection of ethics, corporate social responsibility and sustainability of British Petroleum (BP) by taking the case of Gulf of Mexico Oil Spill in to consideration. By commencing the discussion with an overview of the externalities present in the oil industry, the pressures on oil companies are examined which is further evaluated through the application of stakeholder theory and the theory of utilitarianism. In the case of BP, it is revealed that the resort to CSR was primarily a reactive measure to correct its tainted brand image and save it from reputational risks. ...

The Biblical Scripture and the U.S. Civil and Criminal Codes

Research Paper

Introduction Almost all countries nowadays comply with one of two main legal systems-- civil law or common law. The civil law system originated from continental Europe and was implemented by European colonizers, like Portugal and Spain, in their respective colonies. On the other hand, the common law system was developed in Great Britain and was implemented in the British colonies. In the 19th and 20th centuries, civil law was accepted and enforced by countries previously implementing unique legal systems, like Japan and Russia, which aimed at reforming their legal ...

Introduction

Brief profile of the video case The Video Cola War is a documentary about the competition between the two key competitors in the carbonated drinks market. In that respect, it provides an overview of the Cola industry and explains how Coca-Cola and Pepsi have been competing.

Description of the organizations’ position

Coca-Cola and Pepsi are the leading competitors in the carbonated drinks market accounting for about 75% of the market share. In 2004, Coca Cola’s pretax profit was about 9% of its sales (Nils, 2015).

Portfolio objective

Considering the video’s content, this report presents an analysis of the two companies’ strategies and the Cola ...

The process of change is more often than not bound to receive a backlash from those that it targets. This is especially the case for an organization given the integral role that people play in running them. It is inherent in human beings to resist any form of change while being in favor of the status quo often due to the fear of unknown. As a result, most organizations fail not only due to resistance from employees but also the failure to put in place adequate preparations as well as the lack of proper communication. At the same time, ...

The Time value of Money

Q1) Identify the steps involved in computing future value of multiple cash flows? When there are multiple cash flows, their values are determined by finding the future value of each cash flow and then adding all the values to ascertain total future value of the multiple cash flows.

Step 1: Ascertain appropriate discount rate to discount cash flows.

Step 2: Finding Future Value for each cash flow using a discount rate ascertained in Step 1.

Step 3: Add up all the values which will be the future value of multiple cash flows.

Q2)Which economic principle is involved in finding the present and future value of multiple ...

Finance

Based on the financial obligations of the first year, it would be more expensive to buy the condominium than to rent the house. The first year rent amounts to 9600 dollars. In the context of financial outlay, mortgages are relatively cheaper over a long period than rent. This value is a result of the fact that the mortgage payments do not continue to perpetuity. The present value of the mortgage is subsequently lower than that of the rent. However, in the short run, the rent presents the lower cost. In this respect, renting the property would be a viable option. Additional costs ...

Annuities and perpetuities are types of financial instrument, which make payments at regular intervals (parrino & kidwell, 2009). Although both perpetuities and annuities make regular payments, there is a difference in the life span of the financial instruments. Annuities have a finite lifespan while perpetuities have an infinite life span (Grinblatt & Titman, 2002). Examples of annuities are; loan repayment and lottery winning. For loan repayment, the principal and interest are repaid in regular intervals while in lottery winning the winner receives a fixed amount of the winning for fixed period. Example of perpetuity is a charity donation and a pension fund is a pension fund ...

It is commonly known that the money in hand today is more worth than the money of same amount in future. This idea is based on earning potential. This principle says that the money can earn interest and gradually can grow. Everyone knows the fact that the money deposited in bank account will earn interest. The time value of the money is a priori principle that a fixed amount of the money that is accessible today is more costly than the same amount of near future. This principle can be generalized for the economic resources available by social contract. We can ...

(Insert Institute) (Insert Course) (Insert Date)

Until his death in 1650, Descartes published philosophical ideologies and concepts with emphasis on the functioning of the universe as one. His second meditation dubbed the “Wax Argument” finds its basis in the perceptions of reality as opposed to those of an illusion. This is due to the fact that as a person, one is not only capable of thinking and has a will but has the ability to imagine and use senses to perceive reality. These senses are in turn connected by one mind that is the center of thought. According to ...