Sunday, February 16, 2020
Relationship between science and Bible Essay Example | Topics and Well Written Essays - 3500 words
Relationship between science and Bible - Essay Example This idea is neither a biblical nor logical inference (Yasri & Mancy 2). The Bible even states it clearly that the earth is by the heavens and not the other way round (Jaki 224). The paper discusses the relationship that exists between the Bible and science. Zigerell (314) explains that the early proponents such as Galileo Galilei, Johannes Kepler and Nicholas Copernicus were all Christians. The famous scientist Isaac Newton stated that the most beautiful system of the planets, comets and sun could proceed only from the dominion and counsel on a powerful and intelligent being (Zigerell 315). Therefore, the Bible and science are closely related. Scientists agree with the physical world described in the Bible. Zigerell (315) asserts that some of the scientific principles described in the Bible in the thousands years ago are (El-Hani & Claudia 103). The Bible and science relate in various ways as discussed below. The bible addresses statements consistent with the astronomy (Zigerell 315 ). The Bible refers frequently to the great number of stars that are in heaven. The book of Genesis talks of the stars (Schroeder 178). In chapter twenty-two, verse seventeen of Genesis book states how God was to bless Abraham. God will bless Abraham abundantly, and he will multiply the descendants of Abraham as the heavenly stars and as the sand that are on the seashore (Zigerell 315). The descendants of Abraham will be able to possess the gates of their enemies. The book of Jeremiah also addresses the issue of stars (Zigerell 316). Chapter thirty three of the book of Jeremiah explains how God was to bless the descendants of His servant David and the Levites who were ministering to him. ââ¬Å"As the host of the heavens cannot be numbered, nor the sand of the sea be measured, so I will multiply the descendants of David My servant and the Levites who minister to meâ⬠(Jer. 33:1). The number of stars that are in heaven is not in the two books, but they are to be many (Yasri & Ma ncy 3). Scientists even today admit that they are not aware of the number of stars in the heaven (Yasri & Mancy 3). With the naked eyes, the scientists are only able to account for 3,000 stars. Scientists have estimated the number of stars and seashore sand grains of the earth to be great numbers, but they donââ¬â¢t give the exact values of each (Jaki 225). The Bible states that the stars are unique (Zigerell 316). The book of I Corinthians 15:41 express the uniqueness of each star. The book states that, ââ¬Å"there is one glory of the sun, another glory of the moon and another glory of the stars; for one star differs from another star in gloryâ⬠(Jaki 226). Scientists explain that all stars look the same when observed with the naked eyes (El-Hani & Claudia 104). The stars seem to be just light points when seen from a telescope. When the light spectra of stars are, it reveals that each star is unique and is different from the others (Yasri & Mancy 3). The movement precision in the universe has in the Bible (Zigerell 317). The book of Jeremiah 31:35-36 describes the movement precision in the universe. Scientists have also explained the movements that occur within the universe (Yasri & Mancy 4). The Bible also describes how the earth is in the space (Zigerell 317).
Sunday, February 2, 2020
COPERATE FINANCE AND GOVERNANCE Case Study Example | Topics and Well Written Essays - 2750 words
COPERATE FINANCE AND GOVERNANCE - Case Study Example Some of the risks that are unique for such firms include foreign exchange risk, political risk as well as the unique market risk. This is significant due to the fact that Mineral Plc is an international firm having a diverse range of activities across the different countries. This therefore increases the overall risk profile of the firm and projects that it undertake in foreign locations. This report will provide an analysis of the proposed investment that is to be made in the Medco Republic. This report is significant due to the fact that there are multiple views within the firm that ask for a different strategy to invest into a country which is war torn and companies are facing significant corporate social responsibility issues. This report will therefore perform the net present value analysis as well as other investment appraisal techniques besides discussing the corporate social responsibility issues that may be faced by the firm while making new investment into the country. This report will be effectively divided into two sections i.e. first section will be discussing the different findings that are being made after performing the analysis whereas the second section of the report will discuss corporate social responsibility along with a discussion on the different risks of investing into a foreign country. AccoChapter # 2 Analysis and Findings 2.1. Investment According to the given data, the overall NPV and IRR are 18.79 and 34% indicating that according to both the threshold levels, the project may be acceptable. It is important to understand that the most important criteria that is being followed when choosing a project based on the NPV is the ability of the project to deliver the positive net value for the firm as well as its shareholders. Given the weighted average cost of capital of 15%, the overall NPV is positive indicating that the project is acceptable at this given risk level. What is also significant to note that the calculations made does not incorporate the risks that are specific to making investment into the foreign countries and as such it ignores the various risks such as political risk, foreign exchange volatility etc Based on the criteria of IRR, the total IRR comes to the 34% which is over and above the desired level of 25%. As a rule of thumb any investment that offers IRR greater than the required rate of return shall be accepted and as such the IRR is greater than the current required rate of return hence the project shall be accepted even on this criterion also.1 It is also important to understand that both NPV and IRR have their own short comings therefore they may not be relied heavily as to the most conclusive tools for making investment appraisal. What is however, significant to note that the NPV and IRR are still considered as the better measures of the project returns and thoroughly applied by the firms across the world when making investment analysis' Thus based on the available methodologies of project appraisals, NPV and IRR are considered as most suitable
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