The Club Culture Essay -- Hip Hop Dancing Cultural Essays

The Club Culture The club culture-hundreds of thousands of young people across the country, covered in sweat and rhythmically throbbing to a beat- has long been filled with stigmas and stereotypes; the idea that hip-hop music is only for people of African descent, or solely for the "impoverished youth" as Dale Kleinschmidt, an ex-DJ and amateur break dancer from Dallas, puts it, has been a common view associated with the hip-hop scene by the masses. Dale got interested in break dancing because, as he says, "he wanted to look cool." In the beginning, the idea of being able to break dance was funny to him- he had already been involved in the dance scene, but he had never been a b-boy, he just DJed. A lot of Dale's interest in the dance aspect of the clubs came from his DJing experiences. Dale really started dancing when he met up with a group of Hispanic kids- that he had known from the scene already- and discovered that they had formed a break dancing crew. They decided to take Dale "under their wings." The fact that the Hispanic kids were the ones dancing, and that they were so accepting of Dale- a middle-upper class white kid- says a lot about the falseness of the racial stereotypes involved in the scene. "& it's a very embracing culture," says Dale, "which a lot of people find surprising, but if you go out there no one's gonna give you crap for trying& " According to Dale, the only people that the club kids typically dislike are the ones that detach themselves from the scene. "& say you go to a club and just sit in the back corner, or you just try to hit on girls, that's fine, but the break dancers are probably just gonna look down on you& " The thought that a person should interact in any of what Dale calls "the fou... ...petitive nature of the scene-but the fact remains that the break dance circles seem to be filled with masculine face. Despite the stereotypes I have heard about the hip-hop culture, and the apparently male-dominated scene, after my interview with Dale I would have to dispel those accusations. Of course there will be "purists" as Dale said, and people who believe that they deserve more respect because they have been involved in the scene longer, but in the bigger view, the dance culture seems to be one of the most accepting scenes that exists. If you have a genuine interest in the culture, as in anything, there is no reason that you shouldn't attempt to take part in it. The scene from the beginning was a do-it-yourself scene, and in break dancing there are no rules. Get out there and do what you want- if you honestly respect the scene you should have no problems.

Intermediate Accounting Essay

Nicholas Inc. is in need of a new punch press to increase its production output. Their company policy is to have the purchasing department obtain 3 different vendor bids for any major purchases. The engineering department of Nicholas Inc. has determined that each of the three vendor’s punch presses is substantially identical and each has an estimated useful life of 20 years. Maintenance on the machine is performed at year-end. With a cost of capital of 10%, it is our job to determine which vendor to purchase the new machine from. The engineering department has determined the annual maintenance expense associated with the punch press to be $1000 per year for the first five years, $2000 per year for the next 10 years and $3000 per year for the last five years. To calculate the present value of these accumulated costs you need to calculate the present value of an ordinary annuity of $1,000 for the first five periods plus the present value of an ordinary annuity of $2,000 in periods 6 thru 15 plus the present value of an ordinary annuity in periods 16 thru 20. This is equal to: =1000 x PV of OA + 2000 x PV of OA + 3000 x PV of OA =1000 x 3.79079 + 2000 x (7.60608-3.79079) + 3000 x (8.51356-7.60608) =$14,143.81 The value of the punch press from Vendor A is equal to $55,000 in cash at delivery and 10 year end payments of $18,000 each. To calculate the present value of the purchase, you need to calculate the present value of an ordinary annuity of $18,000 plus the initial payment of $55,000. This in preset value is equal to: =55000 + 18000 x PV of OA =55000 + 18000 x 6.14457 =$165,602.26 Vendor A offers a separate 20-year maintenance service contract valued at $10000 made at the initial purchase. This would save the company $4,143.81 in maintenance costs over the life of the press. Including maintenance costs associated with this punch press, the total amount of money spent on this machine in present day dollars would be $175,602.26 The value of the punch press from Vendor B is equal to forty semiannual payments of $9,500 each, with the first payment due at the time of delivery. To determine the cost in present value dollars, you find the present value of an annuity due of $9500 for 40 periods at 5%, which is equal to: =9500 x PV of AD =9500 x (17.15909 x 1.05) =$171,161.92 Vendor B will perform all year-end maintenance associated with the press at no additional cost, so the present value amount spent on the equipment would be $171,161.92 The value of the punch press from Vendor C is equal to $150,000 cash at the initial time of delivery. Since no annual maintenance package is offered from Vendor C, we must assume the cost of maintenance will be equal to what the engineering department had determined above. The present value dollar costs associated with the purchase of the press from Vendor C is $164,143.81. Nicholas Inc. should use Vendor C to purchase the new punch press. Using present value dollars to determine how much the press will cost today, Vendor C offers the cheapest purchase price for the machine. One factor other than the price of the equipment Nicholas Inc. should consider is the balance in their cash account. Do they have a large enough balance to cover the large initial payment of $150,000? Also, if they do have enough cash on hand to make a $150,000 initial purchase, will this result in Nicholas Inc. being short on the cash that it needs for other normal expenses like payroll, utilities and raw materials purchases? If a cash shortfall would result from purchasing the press from Vendor C, then Nicholas Inc. may be forced to use Vendor B who offers a financing plan but will result in them paying more in present value dollars for the press. The most recent concept statement that deals with present value measurements in accounting is the Statement of Financial Accounting Concepts No. 7, Using Cash Flow Information and Present Value in Accounting Measurements. This was issued in February of 2000. When observable dollar amounts are not available to determine the value of an asset or liability, accountants often turn to estimated cash flows to determine the carrying value of the asset or liability in question. Since those cash flows usually occur in one or more future periods, present value concepts of the future cash flows are used to determine the value of the asset or liability. The goal here is to determine the difference in value between these cash flows if they were received today and when they are received in the future. Examples of assets and liabilities that would use present value concepts to determine their carrying value are notes payable, bonds payable, notes receivable and bonds receivable. The following are key terms related to present value and its use in accounting measurement practices. Best estimate is the single most likely amount in a range of possible estimated amounts. Estimated cash flow refers to a single amount to be received or paid in the future. Expected cash flow refers to the probability-weighed amounts in a range of possible estimated amounts to be received or paid in the future. A fresh-start measurement is when the value of an asset or a liability is re-evaluated after its original period of valuation. Some fresh-start measurements are performed every period while others occur only after a certain situation or â€Å"trigger† occurs. Interest methods of allocation refers to the process companies use to adjust the book value of assets or liabilities when their values have previously been determined using present value techniques. Interest methods of allocation will be used to determine the carrying value of the punch press for Nicholas Inc in future periods. Estimated cash outflows associated with each vendor were the basis to determine which vendor had the cheapest present value price of the equipment. ——————————————– [ 1 ]. FASB, Statement of Financial Accounting Concepts No. 7, Using Cash Flow Information and Present Value in Accounting Measurements, Paragraph 1. February 2000. [ 2 ]. FASB, Statement of Financial Accounting Concepts No. 7, Using Cash Flow Information and Present Value in Accounting Measurements, February 2000.

Analysis Of Israelite And Swartz s Informative Article Essay

In Israelite and Swartz’s informative article, â€Å"Reformulating the Feminist Perspective: Giving Voice to Women with Disabilities†, the various ways in which disabled people, and more specifically, disabled women live and are perceived is discussed. The authors’ underlying comments about this perception are a product of the comparison between two models of disability brought up in the text and the further analysis of the social model within its many social applications. However, the authors successfully isolate some faults in the aforementioned models which brings room for critiques and scrutiny. Firstly, the primary argument put forth by the authors of this article is the idea that even with numerous feminist movements and positive progressions in the ways that the female population is being integrated and better valued in society, the disabled members of these feminist groups are still not equivalent nor are they being perceived as equivalent relative to the nondisabled portion of feminists and that their status is not improving. They mention how, â€Å"mainstream feminist theories tend to privilege the functional capabilities and social role characteristics of ‘normal’ women† and that, â€Å"nondisabled women have severed them from the sisterhood in an effort to advance more powerful, competent, and appealing female icons† (Israelite, Swartz, 2013, p.155). This goes against the entire purpose of having social movements and entire academic disciplines related to the study of human