Tuesday, December 31, 2019

Conformity In Holden Caufield In The Catcher In The Rye

Holden Caufield in the story Catcher in the Rye represents a growing discontent with 1950 America’s culture of conformity by not following the â€Å"norm†, or what he likes to call phony people. â€Å"The culture of conformity† a cultural shift in the 1950’s that caused people, young and old to stop trying to truly be themselves, instead they would start following group norms. The norm was basically you would have to do good in high school then grind away at college to excel there, then you would finish college and get a corporate job and climb the ladder to get to the top. Then you would get married, have kids, buy a house, and live then rest of your life. This was the â€Å"formula† most Americans would follow to lead to a â€Å"good life† and to become†¦show more content†¦Holden is more of an extreme case when it comes to the resentment of conformity in American culture as he was extremely judgmental, however because of the extre me judgement he was not blinded by the norms that came with the culture of conformity, trying to fit or being accepted. Holden was able to tell right from wrong an example would be when he was talking about how the people in his college were bullies, they would let certain people in certain activities if they didn’t look a certain way or if they didn’t fit the norms of beauty. All these norm such as gender roles, and societal expectations were spawned after war, they were formed to build America into a peaceful and affluent society, as you can see the end goal was a good one but creating norms lead American’s to believe that their was only one way to success and it lead to people changing their core being just to fit into whatever social norm they wanted to fit to, they lost their individuality which was what America was suppose to be about all along. To wrap this all up in conclusion Holden Caufield from J.D. Salinger’s Catcher in the rye was essentially a manifestation of the rebellion against Americas culture of conformity in the 1950’s. He manifested this rebelli on by simply not being sucked into acting or doing certain thing to fit a norm created by society, he was not blinded by norm’s and was able to see when people were not being themselves orShow MoreRelatedEssay on Dead Poets Catcher Inthe Rye1012 Words   |  5 PagesDead Poets Society/Catcher in the Rye The Catcher in the Rye and Dead Poets Society are very similar stories. Both deal with the coming of age in the lives of prestigious young men. These two stories also deal with the conformity of these young men in their transition from private boys school to the real world. There are two young men from each of the stories whose lives are alike yet different in some ways. Holden Caufield and Neil Perry are two young men coming of age searching forRead MoreCatcher In The Rye Narrative Analysis1031 Words   |  5 PagesSalingers The Catcher in the Rye, Salinger creates a unique narration through the way Holden speaks. 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Monday, December 23, 2019

Essay on The Benefits of Foreign Aid - 1625 Words

An enlarged, long-term program of economic assistance to the peoples of Free Asia, the Middle East, Africa, and Latin America is justified on this positive and constructive basis; it is in the interest of the United States that we and our children live in a world of independent, open societies, each developing its own version of political democracy...our enemy is poverty, despair, stagnation and the fear that only totalitarian methods can lift a poor agrarian society into sustained growth. Our task is to demonstrate in this generation that economic growth and human liberty can evolve hand in hand. President John Fitzgerald Kennedy, 1961 President John F. Kennedy established the U.S. Agency for International Development (USAID) in†¦show more content†¦There are many Americans who live in poor conditions, and the United States should consider their needs first before considering the needs of foreign people. The destitute and penniless Americans have priority over the destitute and penniless foreigners. According to Senator Jesse Helms, Weve reached a place in our foreign policy that we need to concentrate on whats good for America and stop this business of handling out money to gonernments all over the world. Americas first priority should be towards the citizens of its nation. Tens of thousands of Americans are losing their jobs. In some states theres no gasoline for school buses, and rural children are staying at home. In many of Americas cities, water and sewer systems are cracking with age; whole sections of cities are beginning to look like sets for post-nuclear war films. Dangerous toxic-watse dumps remain dangerous because there is no money to clean them up. Too many Americans are hurting. (Reese A22) Another reason for not providing foreign is is due to the overpopulation of the world. There are too many people and not enough food to feed them with. The number of people outstrip the food supply, and helping them will only prolong their agony. According to John Harpers, author of What Libertarianism Is, Population growth is outstripping food production, ... the more people who are saved the more misery there will be in the long run. TheShow MoreRelatedForeign Aid Benefit Or Impairs A State Within The International Community1324 Words   |  6 Pages Elicia Alvarado 100244931 This essay will be discussing if Foreign Aid benefits or impairs a state within the international community. Foreign aid is essential for many states to survive. Foreign aid is a policy that highly developed countries (HDC’s), offer a range of support to less developed countries (LDC’s). There are many forms of aid from HDC’s. For example, the Marshall Plan was an American initiative enacted during World War II. This plan was developed to elevate statesRead MoreAdvantages and Disadvantages Giving Aid1521 Words   |  7 Pagesto (Andrew Page, 2005) Foreign Aid or Official Development Assistance (ODA) is a transfer of resources on concessional terms which are undertaken by official agencies. Mostly, the countries that receive foreign aid are usually developing countries. Poverty is the main focus of giving the foreign aid. This situation always happened to many countries due to the conditions where the people live and from that it will show the quality of living is poor among the people. Foreign aid is given to poor countriesRead MoreForeign Assistance For Foreign Aid1523 Words   |  7 PagesAlthough foreign aid has been going on for hundreds of years, it still remains a controversial topic. Many people have debated whether or not it actually either helps or harms nations. Foreign aid can help undeveloped states by providing education and health care. 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Why send aid to governments that might even hate us when we can spend that money on our own poor? As Americans, and especially as Americans in the midwest, the violence and poverty that we hear about everyday is very distant, so we may misunderstand what foreign aid really means. Many of us don’t have ties to that hemisphere of the world. Try: â€Å"However, we are not immune from the experiencesRead MoreForeign Aid : A Long Track Record928 Words   |  4 PagesHelp Or Hindrance Foreign aid has a long track record. The biggest upside appears to be the injection of large sums of money into developing countries otherwise gripped by poverty, war and conflict. In theory, the funds should improve lives and raise people out of poverty, leading to sustainable growth and development. The unfortunate truth, however, is that foreign aid has often presented more challenges than opportunities to aid recipients. 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The United States, annually, donates somewhere between $30-50 billion to foreign aid, in an effort to help those nations that find themselves torn by war, disease, poverty, a lack of education, and a myriad of other problems. The question becomes one of what role does the United States play in foreign affairs, particularly that concerning foreign aid, and whetherRead MoreThe United States Should Stop Sending Aid For Foreign Countries Essay1291 Words   |  6 Pageshave different views, but they both had the same opinion that the United States should stop sending aid to foreign countries. In this essay my view is that the United States should stop sending aid to foreign countries. I will defend my view against poverty by discussing Garret Hardin and, James Shikwati views on poverty, and how the United States and other countries will benefit from not sending aid. Garret Hardin mentions environmentalists use the metaphor of Earth as a spaceship. People persuadeRead MoreReducing The Amount Of Foreign Aid Essay1416 Words   |  6 Pagesreduce the United States national debt include cutting foreign aid, reducing federal department spending, and eliminating tax breaks for the wealthy. First, cutting foreign aid, not completely, and only by half will eliminate 17 billion in spending. Reducing the amount of foreign aid does not necessarily mean depriving developing countries of resources they are dependent on. The perceived obligation for the United States to provide foreign aid may be reduced by greater donations from other countries

Saturday, December 14, 2019

Hijab in the Muslim World Free Essays

Being raised in a society where people generally tend to think Muslim female are forced to wear the Hijab â€Å"headscarf. † I was five or six years old when I started wearing the Hijab it wasn’t my parents who forced me to wear it was my choice. My mother also said if you don’t know the reasons you wearing the Hijab then don’t wear it at all. We will write a custom essay sample on Hijab in the Muslim World or any similar topic only for you Order Now However, women who wear the Hijab face major discrimition in regard of employment opportunities. But in other part of the world as shabina state â€Å"Hijab hits runway. Even though Hijab is popular in the Muslim world I also learned that France and other European countries were trying to ban the Hijab. Also note that France has a lot of Muslim immigrants. These countries have no right to ban the Hijab because they did not conduct studies on this topic. According to the Quran it states by saying â€Å"O Prophet! Say to your wives and your daughters and the women of the faithful to draw their outer garments (jilbabs) close around themselves. (59:33) one cannot judge religion or culture well enough to make a favorable judgment. Judging isn’t something everyone can ignore. For Muslim women, wearing the Hijab is a sign of reverence, modesty and submission. However, many non-Muslims view the head scarf and modest clothing with confusion, even taking offense at what seems to be restrictive, anti-feminist clothing. Since girls and women of all ages wear the Hijab, questions are being asked in the schoolyard or office about this. n the western society, most women have this idealogy that women should look beautiful to attract men. most western women would have hard time understanding the reason behind why muslim women wear the hijad. Th e reason behind wearing the Hijab is to keep the men from staring. When Prophet Muhammad was spreading the word about Islam, women just covered their heads with a scarf that still showed their chest, neck and ears. However, Allah later directed that women should cover all parts of the body except for the hands and face. Prominent Muslim scholars distilled these teachings into an easy-to-follow method that uses the scarf, or khimar, to conceal immodest parts. However, two-third of Muslim women know they will be refused for work the reason being they are wearing the Hijab. there is study conduct by Ghumman shows women who wear the Hijab tend to have low exception when it comes to a receiving job offers than a Muslim female without the Hijab. even if they are given the job the interaction with the clients are minimum. It won’t be that hard for muslim women to compete in this year olympic. the international weighlifter federation (IWF) changed the rule to allow muslim women who are covered and wearing islamic dress to compete. These muslim women from the United Arabs of Kingdom wil be making history in the london olympics. allowing these women to participate in the competetion, it would allow other muslim covered women to not feel alienase walking around the airpot or the mall. Hijab style has changed dramactily as time went by. In the modern world, many Muslim women try to find different styles to wear the Hijab. For example if one lives in western society they tend to adopt the culture that surrounds them. â€Å"Over time, women began personalizing how the covered–shortening and tightening their coats, donning smaller scarves. The market responded by producing more fashionable clothing choices–scarves with sequins, tassels, and bold patterns; fashion shows demonstrating the latest in Islam†¦Ã¢â‚¬ ¦. (Hijab hits runway By shabina Khatri ) To add to that there are 7 different kind of headscarf. The Hijab comes from a myriad of styles and colors. This type most commonly worn in the West is a square scarf that covers the head and neck but leaves the face clear. The khimar is a long, cape-like veil that hangs down to just above the waist. The chador, worn by many Iranian women when outside the house, is a full-body cloak. The niqab is a veil for the face that leaves the area around the eyes clear. However, it may be worn with a separate eye veil. The burka is the most concealing of all Islamic veils. It covers the entire face and body, leaving just a mesh screen to see through. The shayla is a long, rectangular scarf popular in the Gulf region. The al-amira is a two-piece veil. As I had already wrote, being raised in a culture different than yours you tend to change your view of point. If a person lives in turkey they think wearing the hijab is more suitable than woman who lives in France will feel discriminated. I also conduct a survey on six people on their view of the Hijab. Some of the question I asked were there age, gender, if they knew what the Hijab was, if it was a religious or cultural practice, if they thought this was a religious obligation, if they thought Muslim girls were forced to wear. Four under the age of 18. One was 18 and one person was over forty. They all knew what Hijab was, three thought it was cultural practice, the other three said it was a religious practice 5 people said Hijab was an obligation. The last question two preferred not to answer it out of the four who answered said yes we as Muslim girls are forced to wear. The other two said no. How to cite Hijab in the Muslim World, Papers

Friday, December 6, 2019

Advanced Taxation Potter Pty Liimited

Question: Discuss about theAdvanced Taxationfor Potter Pty Liimited. Answer: Introduction: The Potter Pty limited is a privately owned company and was incorporated in the year 1980 and the industrial property of the company is owned in the metropolitan perth. The company has incurred revenue loss which was arisen from the renting properties owned by the company. However, the franked dividend is received from by the company from various other investments. The company declares different rate of dividends for the different classes of shares and all the shares of the company carries voting rights. Since the incorporation of the company the shareholders have remained the same (Hoggett et al. 2014). The company issues two type of shares that is shares of class A and class B. All the shares are equally held by the Peter but the shares of class A is also held by his children. All the capital of peter has been tied up in the company and Peter is to retire from the business and has a plan of purchasing the motor vehicle that is a motorhome and there is need to access the current or the ongoing value of the company (Petrovic et al. 2016). The valuation of the property of the company would be done in respect of four plans that is dividend, capital distribution. The purchase of motorhome by peter would be done by making the revaluation of the building at the market value and the financing of the motorhome purchase would include the loan taken from the bank and the funds raised through the revaluation of the property. It would also involve the sale of the shares of B class. Discussion: To, Peter Director Potter Pty limited Sub: Suggestion on the proposals to be accepted Respected Sir, The book value of the property held at cost that is the book value of the property is $ 250000. The market value of the property of the company stands at $ 850000. Here, the book value of the property held is less than the market value. This would mean that revaluing the property at market value would appraise the value of the property. The total amount of assets of the company would increase. The revaluation of the property would yield the taxable economic benefits to the Peter. This would results in an increase in the revaluation reserve of the assets. The valuation of the equity of owner would also increase. This would reduce the leverage and also the exit values of the assets or say the property would have credible signals. The revaluation of the property that is the building in the given case would also help in spreading the burden of tax. The revaluation would involve the inspection of the properties. The property tax of the company would increase if the operating cost of the c ompany would remain the same. However if the properties are overvalued then the company would have smaller amount of tax to be paid after the revaluation. The market value is determined by the appraisal and forms from the basis of the accurate data and the evidence available. The payment of fully franked dividends to all the shareholders of A class shares at the rate of $ 0.70 per share. The class A shares are equally held by peter, his wife and two children. No of shares held by each individual= 25000 Share price= $ 1 Amount of investment made by each= $ 25000 Dividend rate= $ 0.70 per share Dividend income= $0.70*25000= $ 17500 Franking credit= 750 * 30%= $ 7500 Taxable income= ($ 17500 + $ 7500)= $ 25000 The implication of the personal tax is that when the assets gets revalued then the gain after the revaluation is either transferred to the capital account of the company as reserves and this would increase the amount of deferred assets. This would also leads to the increase in the tax amount paid. When the franked dividend is paid to the asset shareholders of A class shares then there would be exemption from the tax by 30%. The amount exempted would be credit to the franking account and the credit side of the franking account would go up. The loan taken from the bank would increase the net income in the current year and the amount of tax paid also gets increased in the next year. The unfranked dividend does not have any tax exemption and since the dividend is paid after deducting the tax, the payment of such dividend does not have any impact on the tax obligation of the company. The franking account of the company gets increased. The personal tax obligation gets increased if the individual receives the dividend as the total income available to them rises because of the increase of dividend. The issuing of the dividend would reduce the net profit of the company as the value of equity would also go down because of the distribution of the dividends to the shareholders of the company. The franking dividend paid is debited to the franking accounts. Therefore, the issuing of the franked dividend would reduce the cash flow of the company and the net amount of fund available would go down. The balance of the franking account would also go down. The company has balance of $ 30000 Cr in the franking account and this would go down to $ 22500. The existing amount of secured loan that the company has with bank is $ 200000. When the amount of bank loan would increase then the cash flow in the company would increase. The total liabilities side of the balance sheet of the company would increase and this would increase the shareholders stock of equity. The unfranked dividend payment to the shareholders of class B shares and the unfranked dividend amount is $ 325000. Such unfranking credits are not attached with the issuance of the franking credits. This is a dividend that does not have any tax credits attached to it. When the company is paying the unfranked dividend on B shares then the company would not be able to pay the dividend on shares class of A and also the balance of the franking credits would remain unchanged. The payment of such dividends would reduce the capital as the flow of cash in the company would get reduced and this would have impact on the net profits of the company. Therefore, the liabilities side of the company would get reduced as the reduced net profit would impact the stockholders equity. Peter is willing to buy the motorhome after the retirement and if the company is paying the unfranked dividends only to B class shares of which only the Peter is the shareholder that is the shares are solely owned by peter then he would be able to purchase the motorhome from the value of unfranked dividends. The raising of the funds from the bank that is the loan borrowed from the bank of the amount of $ 350000 would increase the cash flow in the current year and the amount when used as a capital distribution then the impact would be that the value of the shareholders equity would increase and the company would be able to reduce the long term debt at the same time. The additional funding received from the borrowing by the bank would also provide a way of funding of the purchase of the motorhome by Peter. Since the amount of funds received from the extra loan borrowed by the company would be used in the distributing of the capital. The company is paying the capital distribution of $ 350000 and so the franking account of the company gets unaffected as the capital distributed to the shares of class B and therefore there would not be any affect on the tax as shareholder would not get any tax exemption. However, the company is declaring the dividend to the shareholders; therefore, the burden of the tax of the company would not be reduced. The franking credit account of the company remains unchanged in this context as there is no franked dividend payment on the shares. The tax obligation of the company would not be reduced and the personal tax obligation would remain unchanged in case of capital distribution. The revaluation of the building or say the property at the market value of the assets is positively related with the shareholders equity as the research conducted has been evidence of the fact that the revaluation of the building to the market value would have a positive impact on the price of the shares of the company. When the company decides to revalue the assets and the building in this case, the defaults on the debt payment get reduced. The financial performance of the company and the asset revaluation is positively related. When the assets is upwardly revalued as the market value of the building in the given case is more than the book value , the carrying amount of the assets get increased and the revalued amount is reported in the shareholders equity as the amount under the section of the revaluation surplus. Therefore, the value of the shareholders gets increased and as a result of this, the return on equity gets reduced. The increment in the value of the assets and the equit y reduces the leverage and though the profitability of the company in the future might not increase in the future years of operation. Here, the revaluation of the property of the company at the market value would results in the gain to the company as the market value is much more that the book value of the assets. The gain due to the revaluation is always recognized as equity. The revaluation is being done on the assets of the company that is building this case and therefore all the buildings in that class of assets needs to be revalued However, the gain from the revaluation o the assets is realized when the assets or the property is disposed. All the assets in the class of property that is the revaluation of the building would include all the immovable properties and the assets needs to be revalued in the fair terms so that there is not any material difference between the reporting value. When the noncurrent assets are revalued then there needs to be some adjustment in the accounts. The double entry that would be required to pass is that the cost of the noncurrent assets would get debited. The accumulated depreciation amount would also get debited and the gain on the revaluation of the assets would be credited to the revaluation account. The account of the comprehensive income would gets credited if the revaluation results in the increase in the value of the buildings. However, the disposal of the revalued assets and the amount or the funds generated from the sale of such assets would be transferred to the account of retrained earning and it would also increase the valuation of the shareholders equity. The profit and loss account does not have any role in the amount generated from the sale of the revalued assets and the same does not have any adjustments. The amount of surplus generated from the revaluation of the assets is mainly the difference between the depreciation that is based on the carrying amount that is revalued and the depreciation that is based on the carrying amount of depreciation based on the original costs of the assets. The income generated from the revaluation and the treatment of the taxes on such income are recognized and made in accordance with the international accounting standard of the income taxes. The amount of loan that is borrowed from the bank by the company has increased and the company would give Peter the permission to purchase the motorhome using such extra amounts of funds only on the condition that all the operating costs incurred by the company would be borne personally by Peter. This condition is acting as a shield to the company which would protect it from running in the losses in the future. This is because if the loan amount taken from the bank would be used by peter for his personal expenses that is for the buying of the motor vehicle then this would reduce the flow of cash in the company and this might leads to the insufficient generation of cash to meet the short term obligations of the company. Therefore, in the future in order to avoid the situation of running in the losses, the company wants Peter to act as guarantor to bear all the operating cost of the company. The operating expenses of the company are not directly related with its production activities and are concerned with its day to day operations. This includes the commission paid to salesman, rent, depreciation and the repair cost incurred by the company. These expenses are mainly attributable to the non manufacturing expenses of the company. The extra amount of debt taken by the company would increase the cash flow and increase the debt of the company and using the same for the personal expenses would reduce the liabilities side of the balance sheet but would be faced with the shortage of cash flow. The companys operating cost would be met by Peter under which condition the extra amount of loan would be allowed by the company to be taken by him for the personal expenses. With regard to the loan amount taken by Peter that is the director of the company is he might enter into the written loan agreement with the company and this should involve the written commitment about the repayment of the loan within the specified time period and would be paying the interest rate that is benchmarked. If the director does not agree to bear all the operating expenses of the company, and the company is determined to make the dividend payment then in the company records the amount of loan can be converted in to the dividend amounts. If the company makes sufficient credit available to its shareholders then the dividend paid can be converted into franked dividend. When the company is using the funds for purchasing the motorhome then the assets side of the balance sheet gets increased and the company can take into account the amount of depreciation which would be deducted from the tax. As the assets sides of the company get increased, purchasing the motorhome would not have any tax implication on the Potter Pty Limited unless depreciation of the motorhome is accounted for. If the company allows the Peter to use the funds from the banks on the condition of bearing all the operating costs of the company then the personal tax liability of Peter would be reduced as Peter being the shareholder of the company, bearing the expenses would provide him the fringe tax benefits. The franking account of Potter Pty limited would remain unchanged as there is no payment of the unfranked dividend and hence no tax exemption so that there would be credit on the credit side of the franking account. All the B class shares are held by the director of the company that is Peter and if the company intends to sell all such shares to peter children that are to Tabitha who already owns the shares in of Class A. The selling of the shares of the directors to the daughter Tabitha at the market value of $ 3.50 each. The selling of the B class shares held by the director of the company to his daughter would not have any impact on the net valuation of the company and it would remain same as it is non organizational transactions as the shares are getting transferred from one shareholder to another. The affect would only be that Tabitha would have higher proportion of the shares held by her and possessing the more numbers of shares would not change Tabithas voting rights as class B shares does not carry any voting rights. Also, the shares are sold at the market value that is $ 3.50 per share and so the amount of dividend received by Tabitha would be more than those of Jemima and Samuel. This t ransaction would not impact the funding of the purchasing of the motorhome by peter. Thanking you. Recommendation and Conclusion: The plan C proposed by the company involves the course of action that would be bets suitable for Peter when it comes to assess the funding of the purchase of the motorhome. This is so because the company is giving peter the option to bear all the operating expenses and there the proceeds from the loan advances made by the bank would be used for funding of the purchase of the motorhome. The revaluation gain arising from the property revaluation would increase the equity of the shareholders. However, if the director of the company does not agree to bear the operating expenses of the company in future then the company can look for some other alternatives to protect it from the shortages of cash flows. If the loan amount is entered after the month of April, then the agreement can be made after the lodgment o the return of the income tax of the company. The agreement would be entered in with the Peter, director of the company regarding the repayment of loan within the specified time perio d along with the interest rate that would be of the industrial benchmark. This would have impact the director in the way that it would not have any increment in the amount of tax payable. Since the company has excess franking offsets during the last years, then there might not be sufficient credit available and therefore, the loan amount should not be converted to the dividends if the company is determined to make the payment of dividends. Therefore, the plan C would be appropriate when considering the funding of the purchase of the motorhome by peter. Reference: Botosan, C. and Huffman, A., 2013.A business valuation framework for asset measurement. University of Utah Working Paper. Chaudhry, A., Coetsee, D., Bakker, E., Varughese, S., McIlwaine, S., Fuller, C., Rands, E., de Vos, N., Longmore, S. and Balasubramanian, T.V., 2015. Property, Plant, and Equipment.2015 Interpretation and Application of International Financial Reporting Standards, pp.151-186. Choi, T.H., Pae, J. and Yoo, C.Y., 2013. Demand for Fair Value Accounting: The Case of Asset Revaluations in Private Versus Public Firms. Coste, A.I., Tudor, A.T. and Pali-Pista, S.F., 2014. Compliance of Non-current Assets with IFRS Requirements Concerning the Information DisclosureCase Study.Procedia Economics and Finance,15, pp.1391-1395. Dalessandro, A., 2013. Effective Strategies for Assets and Liabilities Management.Available at SSRN 2394622. Hanlon, D., Navissi, F. and Soepriyanto, G., 2014. The value relevance of deferred tax attributed to asset revaluations.Journal of Contemporary Accounting Economics,10(2), pp.87-99. Hodgson, A. and Russell, M., 2014. Comprehending comprehensive income.Australian Accounting Review,24(2), pp.100-110. Hoggett, J., Edwards, L., Medlin, J., Chalmers, K., Hellmann, A., Beattie, C. and Maxfield, J., 2014. 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