Isaac’s Storm Monograph AnalysisIn a well-written and thoughtful essay, answer the following six questions concerning the monograph, Isaac’s Storm, by Erik Larson.To do well on this essay you must fully answer all of the questions in an essay form. Please do not simply write the question's number and the answer. Make it an essay.Important: you must cite specific information in the book that corresponds to your points. A simple parenthesis with a page number is fine for citation, e.g. (175).Finally, the only material you can reference is the book itself. Please do not use outside sources or summaries. That would do more harm than good since it would be plagiarism. Plagiarism is bad. I have not had too much problem with it so far this semester. Let us not start now.There is no min or max page limit to this essay, but I think a good essay would probably fall in the range of 3-5 pages. These are large questions, after all.Please use the standard essay format: double-spaced, 11 or 12pt font, Times New Roman or Arial script (or any other professional script).Questions to answer:Why did Larson write this book? What was the main point he was trying to get across? Was he effective in convincing you about his point?Besides Mother Nature, of course, who or what do you think was most at fault for the tragedy in Galveston? Was such a large loss of life preventable? How do the ideas of the late Gilded Age and the “certainty” of technology play into the disaster? Give specific examples from the book with citation.Why do you think Larson spent so much time describing the science behind hurricanes and meteorology? Did it help or hinder the book? Why? Explain.Which story or vignette (short account or story) of the hurricane did you find most intriguing, engaging, or perhaps terrifying? Explain what happened with citation. Why did Joseph and Isaac become estranged after the storm? Back this up with details from the book.Besides just being a history of a tragedy, what can be learned from Isaac’s Storm? Is there a lesson or at least a warning in the book?Finally, in a concluding paragraph, briefly write what you thought of the book. Did you like or dislike it? What worked and what did not? Be honest here. I like to get feedback to decide if I will continue to use the book in the future.

Assignment:  Provide a reflection of at least 500 words (or 2 pages double spaced) of how the knowledge, skills, or theories of this course have been applied, or could be applied, in a practical manner to your current work environment. If you are not currently working, share times when you have or could observe these theories and knowledge could be applied to an employment opportunity in your field of study. 

A private school is considering the purchase of six school buses to transport students to and from school events. The initial cost of the buses is $600,000. The life of each bus is estimated to be 5 years, after which time the vehicles would have to be scrapped with no salvage value. The school’s management team has derived the following estimates for annual revenues and cost for the next 5 years. Year 1 Year 2 Year 3 Year 4 Year 5 Revenues $330,000 $330,000 $350,000 $380,000 $400,000 Driver costs $33,000 $35,000 $36,000 $38,000 $40,000 Repairs and maintenance $8,000 $13,000 $15,000 $16,000 $18,000 Other costs $130,000 $135,000 $140,000 $136,000 $142,000 Annual depreciation $120,000 $120,000 $120,000 $120,000 $120,000 The buses would be purchased at the beginning of the project (i.e., in Year 0) and all revenues and expenditures shown in the table above would be incurred at the end of each relevant year. Because schools are exempt from taxes, the school’s corporate tax rate is 0 percent. A business consultant has advised management that they should use a weighted average cost of capital (WACC) of 10.5% to evaluate this project. Prepare a table showing the estimated net cash flows for each year of the project. Explain all steps involved in your calculation of the Year 1 estimated net cash flow. Calculate the project’s Payback Period. Explain in your own words, all steps involved in the calculation process. Calculate the project’s Internal Rate of Return (IRR). Explain in your own words, all steps involved in the calculation process. Calculate the project’s Net Present Value (NPV). Explain in your own words, all steps involved in the calculation process. Which of the three evaluation techniques that you computed (i.e., payback period, IRR and NPV), should the firm use to make its decision of whether or not to accept this project? Why did you choose this technique? Is one of these techniques better than the others and if so, why? Finally, what are some risk factors inherent in this capital budgeting analysis? Make a list of at least three items that could cause the outcome of this project to be substantially worse than management currently expects (as reflected in their revenue and cost estimates, WACC estimate, etc.).  Fully explain each of the risk factors you identify. Firm Investment and Stakeholder Choices: A Top?Down Theory of Capital Budgeting ANDRES ALMAZAN  ZHAOHUI CHEN  SHERIDAN TITMAN