Your essay assignment involves responding to and taking a position.docx

Your essay assignment involves responding to and taking a
position on the term “colorism” and “anti-blackness” and how
these ideas still impacts the social and racial dynamics within
the construct of not only people of African descent and their
communities, but other people of color such as LatinX, Asian,
Filipino and Pacific Islanders, respectively. This is an
opportunity for you to make connections regarding
intersectionality across all color-lines, and to demonstrate the
similarities and the difficulties various ethnic groups deal with
in navigating, the issue of color discrimination. Your essay
must be five double-spaced pages specifically addressing the
topic given below. Refer to your “Formal Essay Guidelines”
handout for details about essay policies and formatting
guidelines. Carefully reread the documents provided which
discuss colorism and anti-blackness. Make sure to prepare
yourself to use information from those online pdfs to help you
support and clarify your own points and ideas. To help you
with developing and organizing ideas for your essay, plan out
your ideas on your Planning & Prewriting Worksheet (handout)
before writing your first draft. Feel free to discuss your ideas
and drafts with me and/or a tutor, and go to the Writing/Reading
Lab in the Learning Center (Bldg. 5) to get additional assistance
on your essay.
* * * * * * * * * * * * * * * * * * *
ESSAY TOPIC
The concept of colorism within various communities of color
has plague those with darker skin complexions and afforded
others with lighter skin tones with privilege and the ability to
use their lightskinned privilege to navigate a world of racial and
identity politics. In your essay, demonstrate how complex issues
around colorism proposes on both sides of the spectrum. What
are the overarching themes and concerns that presents itself
with color being at the center of social, cultural, political and
economic opportunities in our society. Present in your essay,

why most people tend to cater toward lighter-skinned
individuals versus darker-skinned individuals and how this
provides a hierarchy of racial positionality, and a level of social
status and privilege
Show through quotes, analysis, and the use of other sources how
colorism and anti-blackness work as a contrived system to
incarcerate black and brown people from a mental and
psychological perspective. Draw upon historic evidence to
support your claims. Carefully consider all the readings you
have critiqued, and used
them as a point of entry to make your position. In your essay of
five pages, discuss whether or not you believe colorism
negatively or positively impact black in brown folks in society
at large.
Remember to do the following in your essay: 1) state your own
position in your thesis statement; and 2) support your thesis by
discussing specific points that address your position in any
article or academic journal use from your research. All in all,
your essay will include a combination of your own ideas,
analysis, observations, and examples/details as they relate to the
main points of your selected readings.
* * * * * * * * * * * * * * * * * * *
Your final draft will be graded on the following:
1) an insightful thesis statement that clearly reveals your
response to and position on colorism and your main argument
2) accurate use of information (examples, details/specifics,
quotes, etc.) from journals and articles researched to provide
strong opinions/ideas
3) thoughtful, sophisticated analysis and discussion of the
details you’ve included from academic journals and books
(Show your own insight and ideas! Do NOT simply repeat and
retell what your readings have already stated.
4) development of your own ideas with coherent and clear
explanations in a minimum of 4 body paragraphs (Again, do
NOT simply summarize the details from the book. Use details
from all sources in conjunction with your own

ideas/observations/opinions. Your own insight and ideas are
needed to explain why you have the opinions you have and how
the details in the book relate to your own opinions and ideas.
5) unity (Information, ideas, analysis, explanations and so forth
must stay focused on supporting your thesis.)
6) coherence (Use transitions/strong connections to link ideas
between your paragraphs and within your paragraphs.)
7) organization (Ideas must follow a logical organizational
pattern. Don’t jump around from one idea to the next. Have a
clear, logical progression in your thoughts.
Outlining/prewriting will really help here.)
8) clarity and presentation— crisp and clear word usage,
sentences, logic, format, structure and so on
9) proofreading, editing, correctness, and sentence
sophistication—correct spelling, punctuation, and grammar, as
well as varied and sophisticated sentence structures—Get help
outside of class! Final drafts should be error-free.
10) accurate and correct citations and formatting of quoted
material and Works Cited page using MLA standards
11) an original and creative title for your essay
12) Use 5-6 sources (e.g. three credible book sources and three
scholarly journal)
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Final Exam
Started: Oct 4 at 1:46pm
Quiz Instructions
Complete the Final Exam by Sunday at 11:59 p.m. Eastern time.
This is a timed exam with a 2-hour limit for completion.
Note: this is a timed quiz. You may check the remaining time
you have at any point while taking the quiz by pressing the
keyboard combination SHIFT, ALT, and T... Again: SHIFT,
ALT, and T...
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2019-10-04T13:46:27-04:002019-10-04T13:46:27-04:002019-
10-04T15:46:27-04:002019-10-06T23:59:59-04:001207199
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& drop reordering. Press Enter or Space to move this question.
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Question 1 0.75 pts
Edit this QuestionDelete this Question
0multiple_choice_question84238
You work for the CEO of a new company that plans to
manufacture and sell a new type of laptop computer. The issue
now is how to finance the company, with only equity or with a
mix of debt and equity. Expected operating income is
$600,000. Other data for the firm are shown below. How much
higher or lower will the firm's expected EPS be if it uses some
debt rather than only equity, i.e., what is EPSL - EPSU?
0% Debt, U60% Debt,
L
Oper. income (EBIT)
$600,000 $600,000
Required investment $2,500,000
$2,500,000
% Debt

0.0% 60.0%
$ of Debt $0.00
$1,500,000
$ of Common equity $2,500,000
$1,000,000
Shares issued, $10/share 250,000
100,000
Interest rate
NA 10.00%
Tax rate
35% 35%
Group of answer choices
$1.11
$1.50
$1.37
$1.23
$1.00
Flag this Question
Question 2 0.75 pts
Rivoli Inc. hired you as a consultant to help estimate its cost of
capital. You have been provided with the following data: D0
= $0.80; P0 = $22.50; and g = 8.00% (constant). Based on the
DCF approach, what is the cost of equity from retained
earnings?

12.43%
13.05%
11.84%
10.69%
11.25%
Flag this Question
Question 3 0.75 pts
Whited Products recently completed a 4-for-1 stock split. Prior
to the split, its stock sold for $120 per share. If the firm's total
market value increased by 5% as a result of increased liquidity
and favorable signaling effects, what was the stock price
following the split?
$31.50
$33.08
$29.93
$36.47
$34.73

Flag this Question
Question 4 0.75 pts
If D1 = $1.50, g (which is constant) = 6.5%, and P0 = $56, what
is the stock's expected capital gains yield for the coming year?
7.52%
6.50%
7.90%
6.83%
7.17%
Flag this Question
Question 5 0.75 pts
Pavlin Corp.'s projected capital budget is $2,000,000, its target
capital structure is 40% debt and 60% equity, and its forecasted
net income is $900,000. If the company follows the residual
dividend model, how much dividends will it pay or,
alternatively, how much new stock must it issue?

$487,350; $257,213
$513,000; $270,750
$540,000; $285,000
$ 0; $300,000
$462,983; $244,352
Flag this Question
Question 6 0.75 pts
Marshall-Miller & Company is considering the purchase of a
new machine for $50,000, installed. The machine has a tax life
of 5 years, and it can be depreciated according to the
depreciation rates below. The firm expects to operate the
machine for 4 years and then to sell it for $12,500. If the
marginal tax rate is 40%, what will the after-tax salvage value
be when the machine is sold at the end of Year 4?
YearDepreciation Rate
1
0.20
2
0.32
3
0.19
4
0.12
5
0.11
6

0.06
$ 8,878
$ 9,345
$10,355
$10,900
$ 9,837
Flag this Question
Question 7 0.75 pts
LA Moving Company has the following data, dollars in
thousands. If it follows the residual dividend model, what will
its dividend payout ratio be?
Capital budget $5,000
% Debt 45%
Net income (NI) $7,000
60.71%
70.13%
63.75%
77.14%

84.85%
Flag this Question
Question 8 0.75 pts
0multiple_choice_question
Sorenson Corp.'s expected year-end dividend is D1 = $1.60, its
required return is rs = 11.00%, its dividend yield is 6.00%, and
its growth rate is expected to be constant in the future. What is
Sorenson's expected stock price in 7 years, i.e., what is ?
$45.61
$41.37
$39.40
$37.52
$43.44
Flag this Question
Question 9 0.75 pts
Lasik Vision Inc. recently analyzed the project whose cash
flows are shown below. However, before Lasik decided to
accept or reject the project, the Federal Reserve took actions

that changed interest rates and therefore the firm's WACC. The
Fed's action did not affect the forecasted cash flows. By how
much did the change in the WACC affect the project's
forecasted NPV? Note that a project's projected NPV can be
negative, in which case it should be rejected.
Old WACC: 8.00% New WACC: 11.25%
Year 0 1 2 3
Cash flows -$1,000 $410 $410 $410
-$50.61
-$53.27
-$48.08
-$59.03
-$56.08
Flag this Question
Question 10 0.75 pts
Maxwell Feed & Seed is considering a project that has the
following cash flow data. What is the project's IRR? Note that
a project's projected IRR can be less than the WACC (and even
negative), in which case it will be rejected.
Year 0 1 2
3 4 5
Cash flows -$9,500 $2,000 $2,025
$2,050 $2,075 $2,100

3.10%
2.08%
2.82%
2.57%
2.31%
Flag this Question
Ryan Enterprises forecasts the free cash flows (in millions)
shown below. The weighted average cost of capital is 13.0%,
and the FCFs are expected to continue growing at a 5.0% rate
after Year 3. What is the firm's total corporate value, in
millions?
Year 1 2 3
FCF -$15.0 $10.0 $40.0
$386.13
$366.82
$348.48
$331.06

$314.51
Flag this Question
As a consultant to First Responder Inc., you have obtained the
following data (dollars in millions). The company plans to pay
out all of its earnings as dividends, hence g = 0. Also, no net
new investment in operating capital is needed because growth is
zero. The CFO believes that a move from zero debt to 20.0%
debt would cause the cost of equity to increase from 10.0% to
12.0%, and the interest rate on the new debt would be 8.0%.
What would the firm's total market value be if it makes this
change? Hints: Find the FCF, which is equal to NOPAT =
EBIT(1 - T) because no new operating capital is needed, and
then divide by (WACC - g).
Oper. income (EBIT) $800 Tax
rate 40.0%
New cost of equity (rs) 12.00% New
wd 20.0%
Interest rate (rd) 8.00%
$4,091
$2,982
$3,314
$4,545

$3,682
Flag this Question
Schnusenberg Corporation just paid a dividend of D0 = $0.75
per share, and that dividend is expected to grow at a constant
rate of 6.50% per year in the future. The company's beta is
1.25, the required return on the market is 10.50%, and the risk-
free rate is 4.50%. What is the company's current stock price?
$15.64
$14.89
$14.52
$16.03
$15.26
Flag this Question
You have been hired by a new firm that is just being started.
The CFO wants to finance with 60% debt, but the president
thinks it would be better to hold the percentage of debt in the

capital structure (wd) to only 10%. Other things held constant,
and based on the data below, if the firm uses more debt, by how
much would the ROE change, i.e., what is ROENew
- ROEOld?
Operating Data
Other Data
Capital $4,000 Higher
wd 60%
ROIC = EBIT(1 - T)/Capital 13.00% Higher
interest rate 13%
Tax rate 35% Lower
wd 10%
Lower
interest rate 9%
5.44%
6.03%
6.33%
6.65%
5.73%
Flag this Question
Weaver Chocolate Co. expects to earn $3.50 per share during
the current year, its expected dividend payout ratio is 65%, its
expected constant dividend growth rate is 6.0%, and its common

stock currently sells for $32.50 per share. New stock can be
sold to the public at the current price, but a flotation cost of 5%
would be incurred. What would be the cost of equity from new
common stock?
15.48%
12.70%
14.04%
13.37%
14.74%
Flag this Question
A. Butcher Timber Company hired your consulting firm to help
them estimate the cost of equity. The yield on the firm's bonds
is 8.75%, and your firm's economists believe that the cost of
equity can be estimated using a risk premium of 3.85% over a
firm's own cost of debt. What is an estimate of the firm's cost
of equity from retained earnings?
14.17%
14.74%
13.63%

13.10%
12.60%
Flag this Question
Temple Corp. is considering a new project whose data are
shown below. The equipment that would be used has a 3-year
tax life, would be depreciated by the straight-line method over
its 3-year life, and would have a zero salvage value. No change
in net operating working capital would be required. Revenues
and other operating costs are expected to be constant over the
project's 3-year life. What is the project's NPV?
Risk-adjusted
WACC
10.0%
Net investment cost (depreciable
basis) $65,000
Straight-line depreciation
rate
33.3333%
Sales revenues, each
year
$65,500
Annual operating costs (excl.
depreciation)
$25,000
Tax
rate
35.0%

$15,740
$17,441
$19,325
$16,569
$18,359
Flag this Question
Whitman Antique Cars Inc. has the following data, and it
follows the residual dividend model. Some Whitman family
members would like more dividends, and they also think that
the firm's capital budget includes too many projects whose
NPVs are close to zero. If Whitman reduced its capital budget
to the indicated level, by how much could dividends be
increased, holding other things constant?
Original capital budget $3,000,000
New capital budget $2,000,000
Net income $3,500,000
% Debt 40%
$486,000
$660,000

$726,000
$600,000
$540,000
Flag this Question
Keys Financial has done extremely well in recent years, and its
stock now sells for $175 per share. Management wants to get
the price down to a more typical level, which it thinks is $25
per share. What stock split would be required to get to this
price, assuming the transaction has no effect on the total market
value? Put another way, how many new shares should be given
per one old share?
8.10
7.35
7.00
6.98
7.72
Flag this Question

Mulroney Corp. is considering two mutually exclusive projects.
Both require an initial investment of $10,000 at t = 0. Project X
has an expected life of 2 years with after-tax cash inflows of
$6,000 and $7,900 at the end of Years 1 and 2, respectively. In
addition, Project X can be repeated at the end of Year 2 with no
changes in its cash flows. Project Y has an expected life of 4
years with after-tax cash inflows of $4,300 at the end of each of
the next 4 years. Each project has a WACC of 8%. Using the
replacement chain approach, what is the NPV of the most
profitable project?
$4,286
$4,325
$4,242
$4,246
$4,433
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Marshall-Miller & Company is co
LA Moving Company has the fol

Sorenson Corp.'s expected year
Lasik Vision Inc. recently analyz
Maxwell Feed & Seed is consid
Ryan Enterprises forecasts the
As a consultant to First Respon
Schnusenberg Corporation <u>j
You have been hired by a new fi
Weaver Chocolate Co. expects
A. Butcher Timber Company hir
Temple Corp. is considering a n
Whitman Antique Cars Inc. has
Keys Financial has done extrem

?
Mulroney Corp. is considering tw
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You work for the CEO of a new
Rivoli Inc. hired you as a consul
Whited Products recently comp
If D<sub>1</sub> = $1.50, g (w
Pavlin Corp.'s projected capital b

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