Aerospace engineering Personal Statement Example | Topics and Well Written Essays - 500 words

Aerospace engineering - Personal Statement Example Go fight the slash of rain and face the force of wind, your cheeks will tan and the palm of your hands shall thicken. This is a motto that has constantly driven me and given me the zeal to work even harder, whether on the hundred occasions when I contacted people and hosted events at the ‘I can fly’ program both in high school and college, or whenever I face a challenge in my program at the university. My deep interest in aerospace engineering has provided me with a focus in my life and noteworthy opportunities. I am currently a bioengineering student, but intent to fulfill my long cherished dream by studying aerospace engineering. Further, I want to apply for other internships offered by other airlines, but they are limited to aerospace engineering major, and I may never get a chance if I am a bioengineering. In the past few years I have been in the university, I have had experiences that have assisted me become more familiar with aerospace, while at the same time boosting my interest. I joined the ‘I can fly’ program at the Cathy Pacific Airways, which explores several careers in aviation. Through the several lecturers, field trips, and hands-on exercises within the program, I gained valuable experiences in the aviation field. I was later elected the vice-president of the advanced ‘I can fly’ program, an opportunity that equipped me with the knowledge of a real employee within aviation. In program, I had an opportunity to help the people repair jets and planes an d hear stories from the retired veterans, which would help me in future. I have gained more than my expectations from this program and books, and I intent to further my knowledge by enrolling as a student in your esteemed university. Despite being a woman, I have a passion in aviation, believing nothing is impossible. I have some personal attributes that I believe have been a source of motivation and success in my academic and social life. I intent to use these attributes

Evaluating Performance Case Study Example | Topics and Well Written Essays - 750 words

Evaluating Performance - Case Study Example It helps in maintaining ownership of the company. The choice of how to run your business is your own; the lender has no say in it. Acme, being an MNE, has shareholders and the major shareholder might not want to loose control of the company. Debt financing helps in that. The impact of bank interest is also on tax deductions, if the bank is charging you 10 percent for your loan, and the government taxes you at 30 percent, then there is an advantage to taking a loan you can deduct. Take 10 percent and multiply it by (1-tax rate), in this case it's: 10 percent times (1-30 percent), which equals 7 percent. After your tax deductions, you'll be paying the equivalent of a 7 percent interest rate. (Richards, n.d.) Interest rates keep fluctuating; as Acme is investing in another country the bank may charge a higher interest rate. Also nowadays, banks have started a new thing, they don't fix the interest rate thus if conditions change and the interest rates change the banks will also charge a higher interest rate. The more you borrow, the more unstable your company may look. In other words it affects the company's credit rating. The higher your credit rating, the riskier you business looks to the lender. This way it becomes difficult to get loans when you really need them. The funds received through equity financing do not have to be paid back. The money is spent on expanding the business. Also the investors who buy share are more interested in the profitability rather than security while banks consider the security aspect the most. The cash flow generated from the business operations can be used for the business rather than paying back the lenders. The investors are interested in the business operations and can help the company in functioning properly and by giving advice. Also, they are willing to make further investments just so that the company remains profitable. The disadvantages of equity financing are: Raising equity financing is costly and time consuming. Background information is required and the time it takes to roll out the share into the market and the investors to buy is plenty. The shareholder will have bought a share of your business and will have a say in its operations. Your share in the company will then be diluted. The investor will have to be told