SciTronics had a total of $ 102,000 (75,000 + 27,000) of capital at year-end 2008 and earned before interest but after taxes (EBIAT) $ 16,120 (avg. tax rate = 38%) during 2008. Its return on capital was 15.8% in 2008 which represented an increase from the 8.7% earned in 2005. 4. SciTronics had $ 75,000 of owners’ equity and earned $ 14,000 after taxes in 2008.
Gas for that new car cost you 25 cents a gallon. Bread was 19 cents a loaf and a postage stamp was 4 cents. Minimum wage was $1.00 per hour and the average yearly income was $4,600. (peoplehistory.com) {text:bookmark-start} {text:bookmark-end}
However, the use of red light cameras has resulted in more tickets being issued to motorist rather than providing safety. There has been rising controversy over the recent installment of photo enforced traffic light cameras for this reason. Red light cameras do not improve traffic safety, in fact they are only installed to generate revenue and have increased accidents. Supporters of the cameras claim they increase safety and reduce accidents. However, opponents argue the cameras only bring in revenue for cities and do not prevent accidents.
In the article “Auto Liberation,” Brent Knutson discusses the need for national speed limits on U.S. interstate highways. Specifically, Knutson argues that speed limits are unnecessary based on his experience driving on German autobahns. He claims that American speed limits violate on the freedoms of Americans. Also, he says that nowadays automobiles are able to travel safely at high speeds, and speed is not the cause of accidents but “[it] combined with incompetence, alcohol, or hazardous conditions is dangerous” (Knutson paragraph 9). Moreover, Knutson states that an “intensive driver-education programs, stringent licensing criteria, and public-service announcement campaigns” can make the Americans drive responsibly on the road and he believes the main reason to repeal speed limit is “driving fast is enjoyable.” Surprisingly, the accident rates declined constantly since the interstate speed limits were increased.
One reason we should limit teen driver’s licenses is because of the cost. Getting into any car accident can be costly on the driver itself. According to a study conducted for AAA by Cambridge Systematics, an
I feel that elderly people should not be allowed to drive under certain circumstances. If a person loses the ability to properly operate a motor vehicle based on the functions of their reflexes, memory, visual acuity, flexibility and the ability to focus that person should not be allowed to drive on the open road; putting innocent lives at risk. Having a license to drive would be considered a privilege; and it should not be taken advantage of or abused. I believe its commonly recognized in drivers that turns 70, risk increases greatly and grows higher after turning 85. Elderly drivers are at higher risk of injury and death when involved in a crash because they are least likely to withstand trauma.
Automobile companies strive to have available what the consumer is after but often outside circumstance may dictate and or affect a dealers stock. Car manufactures, depend on a number of industries to support the build of a vehicle from metal to cotton textile to cattle agriculture. Another major contributing factor that affects all aspect of vehicle manufacturing is the price of oil barrels. Oil prices directly affect gas prices and production costs causing an increases in prices to transport and process materials. While a lack of stock might deter some buyers, others often make compromises to have what they want.
Hybrid Vehicles Are hybrid cars worth buying? As gas fluctuates, it’s fair for us to think that the price is slowly going to go up for the time being. Whether we drive a gas-gulping SUV or even a hybrid car, the concern for gas consumption remains constant. I think with the gas prices being so high, many people will start buying hybrid vehicles, and will not make any effort to research the facts that come with owning one. Some may say that hybrids are beneficial to the economy but they leave out the high costs, safety issues, and difficulties that come with buying a hybrid vehicle.
The Efficiency of Cars Nikeisha S. Sandy SCI207: Dependence of Man on the Environment (ABL1146J) Instructor: Walter Lambert December 12, 2011 The efficiency of cars is a major issue. There are several reasons why cars should be more efficient, however, there are many reasons why they should not. The efficiency of a car can affect both the economy and the atmosphere. While cars should not be more efficient, cars should be more efficient because the cost to the consumer may decrease, more efficient cars can save money on taxes, and cars are a necessity. At one point, the idea of using a car that was electric powered may have seemed outrageous.
Essay 1. Whether cars should be banned in all town centres is a complicated issue, and one which many people have strong feelings about. There are some reasons why cars should be banned. Firstly, it would reduce pollution greatly, which is especially important since town centres always consist of tall buildings and narrow spaces which often hold the pollution in one spot. Secondly, with less traffic there would be fewer accidents, and hence society would save money because of reduced medical expenses.