I Hate To See That Evening Sun Go Down Essay Example | Topics and Well Written Essays - 500 words

I Hate To See That Evening Sun Go Down - Essay Example Choat family live in Meecham’s house having been given the lease agreement by his son. Upon arrival at the house, Meecham is amazed that somebody is living in his apartment. In a bid to own back his house, he takes up events to prove this point. When Meecham learns that Mr. Choat dislikes dog barks, he get a dog from an old friend and allows it to distract Choat. The drama that unfolds regarding the dog leads to it death. When Choat rests thinking that he has solved the problem, the true nature and the inspiration Meecham has to get rid of Choat from his compound (Gay). It becomes evident when he brings on a dog sculpture in place of the dead dog. Meecham’s son knows his father is affected psychologically after the death of his mother. The reason he recommends Meecham to stay in a nursing home is to keep the society at peace. Meecham is a kind of a man who rests at nothing until he achieves set goal. The work is a masterpiece well recorded and executed. The play has a simple plot bringing out the encounters vividly. Simple as it is the title is spelled out in every other line that precedes the story (Gay). Meecham wants his house back but in reality, nothing brings him joy anymore on earth. Everything else seems to oppose his will to live. It is evident in the work when he plays a song â€Å"†¦Ã¢â‚¬ ¦I hate to see the sun goes down..† He hates death yet he is willing to go that path to prove he wants his home back. Understanding the law and the presence of the police, Meecham desires to use that route to get the attention of his son to allow him get back the house. The efforts are fruitless. On the other hand, Meecham’s son persuades him to go back to the nursing him with the promise of getting the home back. It does not dampen his spirit (Gay). It drives him into a state of insanity because the incidences that seemed a fight for a better life back were proved by death.

How does a fi rms tax rate affect its cost of capital What is the Essay

How does a fi rms tax rate affect its cost of capital What is the effect of the flotation - Essay Example The cost of capital can be calculated using valuation models such as CAPM or Arbitrage Pricing Model. Like all affairs of a business, the cost of capital is also affected by numerous factors, some within and some beyond the organization’s control. One of the factors which greatly affects the cost of capital and is beyond the control of the organization is the tax rate. Tax rate refers to the percentage of earning/spending which is contributed to the government. There are several types of taxes, applicable on different economic units, such as the income tax applicable on individuals, corporate tax applicable on corporations, sales tax applicable to sellers etc. Of primary concern in an organization are the corporate tax rate and the capital gains tax. The corporate tax rate is used to calculate the cost of debt in the weighted average cost of capital. The higher the tax rate; the lower will be the cost of capital since the interest payments are tax deductible. The capital gains tax, on the other hand, is applicable to owners of capital in the organizations, i.e. the shareholde rs. An appreciation in the ownership of share prices requires the shareholders to pay a specific percentage (varies from country to country) to the government. In such a case, the higher the capital gains tax, the lower will be the motivation of shareholders to hold their stocks. The tax rate structure applicable in a country determines the capital structure of a firm. If the corporate tax rate is higher than the capital gains tax rate then the structure will comprise of more debt and less shares and vice versa. In case an organization does not directly take a loan from a bank or financial institution, it may issue securities. Securities refer to any instruments (negotiable or non-negotiable) which allows an organization to raise funds, while floatation costs refer to the expenses incurred by the organization to issue new securities. These include underwriters’