Massey Essays

Massey Essays Massey Essay Massey Essay The high level of debt must be reduced but due to the financial distress the company is facing most options are not feasible They should hedge their foreign currencies used in their global operations so to reduce the exchange rate risk they are currently facing Hypothetically the best option would be to reduce debt by paying the bank borrowings. Especially their short-term debt in order to ease operations and reduce liquidity risk They could also issue more equity in order to improve their DIE ratio and therefore seem more solvent to the market players Q: Describe briefly Massey capital structure in 1976. In your view, is this a good capital structure for Massey? ; Massey capital structure: debt (40% SST, LTD) to 40% equity. ; Far from optimal structure as Massey was financed by too much debt and also too much of it was short term. Even worse when taking into account the multiple risks of its business Reason: debt cheaper than equity, tax savings and helped Massey achieve the objective of rapid growth and gain world market share (really successful up to 1976). However, this resulted in more risky equity and financial distress in the end ; Mackeys financial strategy during 1 976 had higher financial leverage than its competitors. Observable from all liquidity ratios, especially coverage ratio ; During Mackeys good times, because of all the involved risks and the capital intensiveness of the industry, Massey should have taken advantage of its healthy financial position and issue more equity instead of debt, which would have been closer to its optimal capital structure.

10 Great Biology Activities and Lessons

10 Great Biology Activities and Lessons Biology activities and lessons allow students to investigate and learn about biology through hands-on experience. Below is a list of 10 great biology activities and lessons for K-12 teachers and students. K-8 Activities and Lessons 1. Cells This is a diagram of an animal cell. colematt/iStock/Getty Images Plus   The Cell as a System: This activity enables students to explore the components of a cell and how they work together as a system. Objectives: Students will identify major cell components; know structures and functions of components; understand how the parts of a cell interact together. Resources:Cell Anatomy - Discover the differences between prokaryotic and eukaryotic cells. Cell Organelles - Learn about the types of organelles and their function within cells. 15 Differences Between Animal and Plant Cells - Identify 15 ways in which animal cells and plant cells differ from one another. 2. Mitosis The Cell Cycle. By Kelvinsong (Own work) [ CC0], via Wikimedia Commons Mitosis and Cell Division: This lesson introduces students to the process of cell mitosis. Objectives: Students will understand the processes of cell reproduction and chromosome replication. Resources: Mitosis - This stage-by-stage guide to mitosis describes the major events that occur in each mitotic stage. Mitosis Glossary - This glossary lists commonly used mitosis terms. Mitosis Quiz - This quiz is designed to test your knowledge of the mitotic process. 3. Meiosis Lily Anther Microsporocyte in Telophase II of Meiosis. Ed Reschke/Photolibrary/Getty Images Meiosis and Gamete Production: This activity helps students explore meiosis and sex cell production. Objectives: Students will describe the steps in meiosis and understand the difference between mitosis and meiosis. Resources:Stages of Meiosis - This illustrated guide describes each stage of meiosis. 7 Differences Between Mitosis and Meiosis - Discover 7 differences between the division processes of mitosis and meiosis. 4. Owl Pellet Dissection This image shows small animal bones found in an owl pellet.   Dave King/Dorling Kindersley/Getty Images Plus Dissecting Owl Pellets: This activity allows students to explore owl eating habits and digestion through dissecting owl pellets. Objectives: Students learn how to examine, gather, and interpret data through owl pellet dissections. Resources:Online Dissections - These virtual dissection resources allow you to experience actual dissections without all of the mess. 5. Photosynthesis A young boy studies photosynthesis and is using a microscope. Andrew Rich/Getty Images Photosynthesis and How Plants Make Food: This lesson explores photosynthesis and how plants use light to make food. Objectives: Students will discover how plants make food, transport water, and the importance of plants to the environment. Resources:The Magic of Photosynthesis - Discover how plants turn sunlight into energy. Plant Chloroplasts - Find out how chloroplasts make photosynthesis possible. Photosynthesis Quiz - Test your knowledge of photosynthesis by taking this quiz. 8-12 Activities and Lessons 1. Mendelian Genetics Drosophila melanogaster (fruit fly, vinegar fly).   Sinhyu/iStock/Getty Images Plus Using Drosophila to Teach Genetics: This activity is designed to help students apply basic genetics concepts to a living organism. Objective: Students learn how to use the fruit fly, Drosophila melanogaster, to apply knowledge of heredity and Mendelian genetics. Resources:Mendelian Genetics - Explore how traits are passed from parents to offspring. Genetic Dominance Patterns - Examine the differences among complete dominance, incomplete dominance, and co-dominance relationships. Polygenic Inheritance - Discover the types of traits that are determined by multiple genes. 2. Extracting DNA DNA (deoxyribonucleic acid) molecule, illustration.   KTSDESIGN/Science Photo Library/Getty Images Extracting DNA: This activity is designed to help students learn about the structure and function of DNA through DNA extraction. Objectives: Students understand relationships between DNA, chromosomes, and genes. They understand how to extract DNA from living sources. Resources: DNA From a Banana - Try this simple experiment that demonstrates how to extract DNA from a banana. Make a DNA Model Using Candy - Discover a sweet and fun way to make a DNA model using candy. 3. The Ecology of Your Skin Staphylococcus epidermidis bacteria are part of the normal flora found in the body and on the skin.   Janice Haney Carr/ CDC Bacteria That Live on the Skin: In this activity, students discover the diverse organisms that live on the human body. Objectives: Students examine the relationship between humans and skin bacteria. Resources:Bacteria That Live on Your Skin - Discover 5 types of bacteria that live on your skin. Microbe Ecosystems of the Body - The human microbiome includes bacteria, viruses, fungi, and even mites. A Guide to Different Types of Pathogens - Learn about six types of pathogens that can make you sick. Top 5 Reasons to Wash Your Hands - Washing and drying your hands properly is a simple and effective way to prevent the spread of disease. 4. The Heart Human heart cross section showing blood circulation through the heart. jack0m/DigitalVision Vectors/Getty Images Heart to Heart: This lesson helps students explore heart function, structure, and blood pumping activity. Objectives: Students explore the anatomy of the heart and blood circulation. Resources:Heart Anatomy - This guide provides and overview of the function and anatomy of the heart. Circulatory System - Learn about the pulmonary and systemic paths of blood circulation. 5. Cellular Respiration Cellular Respiration. Purestock/Getty Images ATP Please!: This lesson helps students explore the role of mitochondria in ATP production during aerobic cellular respiration. Objectives: Students will be able to identify the steps of ATP production and the function of cell mitochondria. Resources: Cellular Respiration - Discover how cells harvest the energy from the foods we eat. Glycolysis - This is the first step of cellular respiration where glucose is split into two molecules for the production of ATP. Citric Acid Cycle - Also known as the Krebs Cycle, this is the second step of cellular respiration. Electron Transport Chain - The majority of ATP production occurs in this final stage of cellular respiration. Mitochondria - These cell organelles are the sites of aerobic cellular respiration. Biology Experiments For information on science experiments and lab resources, see: Biology Science Project Ideas - Discover  great ideas for biology related science projects.Biology Lab Safety Rules - Follow these tips to learn how to stay safe in biology lab.