Beethoven :: essays research papers

BEETHOVEN   Ã‚  Ã‚  Ã‚  Ã‚  Ludwig van Beethoven was born 1770 in Bonn Germany. His mother was a singer in the service; his father was a court musician that had little motivation and a drinking problem. His father noticed that Beethoven had a gift at a young age, and began teaching him piano and violin. But Beethoven was a hard learner, he was self-involved and impatient. This probably led to why he was a loner and why he only went to academic school for three years. Beethoven’s father wasn’t the only one who saw Beethoven’s talent, Gottlob Neefe (a German Organist) become young Beethoven’s mentor. Gottlob thought Beethoven was the next Mozart, so he sent him to Vienna to meet him. But Beethoven’s mother got sick so he had to come back home before he met him formally. By the time he came back to Vienna, Mozart had died so Beethoven sought help from Hadyn, another German composer. He became Beethoven’s second mentor and taught him new styles of music. Beethoven did his first shows in Vienna in 1795. He was the first composer that was not supported by wealthy persons; instead Beethoven supported himself with money from selling his music. By 1778, Beethoven started hearing humming and whistling sound in his ears, and it got worse. A few years later, he became completely deaf. Although he was deaf he could still write music. He finished his first symphony in 1800. In 1802, Beethoven became depressed and thought a lot about suicide. He went to a small village in Germany where he stayed for a few years. The next couple of years Beethoven created his most impressing masterpieces. In 1812 he had completed over twelve of his best works and he was known worldwide. But after this Beethoven did not release any music for awhile and he got in trouble with the law over some royalties to songs. But in 1817 he began composing again and he did through 1824. In 1824 Beethoven composed two of his most memorable pieces, the Ninth Symphony, and Ode to Joy, these were two of Beethoven’s best compositions. The first time Beethoven conducted the Ninth Symphony, the crowd, at the end of it was at a tremendous applause. And Beethoven was still with his back turned on the podium until one of the â€Å"soloists† turned him around. In 1820 Beethoven won custody of his nephew Karl since his brother had

Cash Flows and Financial Statements at Sunset Boards

CASH FLOWS AND FINANCIAL STATEMENTS AT SUNSET BOARDS Below are the financial statements that you are asked to prepare. 1. The income statement for each year will look like this: | Income statement| | | 2008| | 2009| | Sales| $247,259| | $301,392| | Cost of goods sold| 126,038| | 159,143| | Selling & administrative| 24,787| | 32,352| | Depreciation| 35,581| | 40,217| | EBIT| $60,853| | $69,680| | Interest| 7,735| | 8,866| | EBT| $53,118| | $60,814| | Taxes| 10,624| | 12,163| | Net income| $42,494| | $48,651| | Dividends| $21,247| | $24,326| | Addition to retained earnings| 21,247| | 24,326| . The balance sheet for each year will be: | Balance sheet as of Dec. 31, 2008| | Cash| $18,187| Â  | Â  | Accounts payable | $32,143| Â  | Accounts receivable| 12,887| Â  | Â  | Notes payable | 14,651| Â  | Inventory| 27,119| Â  | Â  | Current liabilities | $46,794| Â  | Current assets| $58,193| Â  | Â  | Â  | | | Â  | | Â  | Â  | Long-term debt | $79,235| | Net fixed assets| $156,9 75| Â  | Â  | Owners' equity | 89,139| Â  | Total assets| $215,168| Â  | Â  | Total liab. ; equity | $215,168| In the first year, equity is not given. Therefore, we must calculate equity as a plug variable.Since total liabilities ; equity is equal to total assets, equity can be calculated as: Equity = $215,168 – 46,794 – 79,235 Equity = $89,139 | Balance sheet as of Dec. 31, 2009| | Cash| $27,478| Â  | Â  | Accounts payable | $36,404| Â  | Accounts receivable| 16,717| Â  | Â  | Notes payable | 15,997| Â  | Inventory| 37,216| Â  | Â  | Current liabilities | $52,401| Â  | Current assets| $81,411| Â  | Â  | Â  | | | Â  | | Â  | Â  | Long-term debt | $91,195| | Net fixed assets| $191,250| Â  | Â  | Owners' equity | 129,065| Â  | Total assets| $272,661| Â  | Â  | Total liab. & equity | $272,661|The owner’s equity for 2009 is the beginning of year owner’s equity, plus the addition to retained earnings, plus the new equity, so: Equity = $89,139 + 24,326 + 15,600 Equity = $129,065 3. Using the OCF equation: OCF = EBIT + Depreciation – Taxes The OCF for each year is: OCF2008 = $60,853 + 35,581 – 10,624 OCF2008 = $85,180 OCF2009 = $69,680 + 40,217 – 12,163 OCF2009 = $97,734 4. To calculate the cash flow from assets, we need to find the capital spending and change in net working capital. The capital spending for the year was: | Capital spending| | Ending net fixed assets| $191,250| | – Beginning net fixed assets| 156,975| | + Depreciation| 40,217| | Net capital spending| $74,492| And the change in net working capital was: | Change in net working capital| | Ending NWC| $29,010| | – Beginning NWC| 11,399| | Change in NWC| $17,611| So, the cash flow from assets was: | Cash flow from assets| | | Operating cash flow| $97,734| | – Net capital spending| 74,492| | – Change in NWC| 17,611| | Cash flow from assets| $ 5,631| 5. The cash flow to creditors was: | Cash flow to credito rs| Â  | | Interest paid| $8,866 | – Net new borrowing| 11,960 | | Cash flow to creditors| –$3,094| 6. The cash flow to stockholders was: | Cash flow to stockholders| Â  | | Dividends paid| $24,326 | | – Net new equity raised| 15,600 | | Cash flow to stockholders| $8,726| Answers to questions 1. The firm had positive earnings in an accounting sense (NI > 0) and had positive cash flow from operations. The firm invested $17,611 in new net working capital and $74,492 in new fixed assets. The firm gave $5,631 to its stakeholders. It raised $3,094 from bondholders, and paid $8,726 to stockholders. . The expansion plans may be a little risky. The company does have a positive cash flow, but a large portion of the operating cash flow is already going to capital spending. The company has had to raise capital from creditors and stockholders for its current operations. So, the expansion plans may be too aggressive at this time. On the other hand, companies do need capita l to grow. Before investing or loaning the company money, you would want to know where the current capital spending is going, and why the company is spending so much in this area already.

How Values And Values Have Affected My Life - 1475 Words

From the beginning of time, ancient philosophers and educators have taught different life developmental skills to aid people as they grow. Those educators often taught students how to develop ethical and moral character. With teaching those characteristics as a foundation they were able to teach students to branch out and understand a deeper meaning of authenticity, virtue and value. All three of these concepts are required to live a meaningful and balanced life in both the physical, mental and spiritual realms. I will be discussing how authenticity, virtue and values have affected my life, along with how they affect my future. Secondly, I will be discussing how these principles have helped guide me through my life. Values, authenticity, and virtues have an effect on a person from the time they were born and as they continue to age. Authenticity almost has a royal name to where it must be respected and bowed to without question. In my book that is exactly how I think of being authen tic; it is being real and genuine without any deception. I could not think of a better way to work, communicate, love, or develop any type of relationship with unless they were honest and real. Deception and liars are not people I set out to communicate with. I feel bad for the people who feel that they must deceive or hide who they are because being you is much easier. Authenticity shapes my life because I am able to be genuine when working with others in my work environment. According toShow MoreRelatedMy Views On Education, Sports, And My Readings Of The Bible1142 Words   |  5 Pagesthe experiences I have had through education, organized sports, and my readings of The Bible. I have never been an individual who loves to read. I have read many books, but mainly for school purposes. 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