David Bordwell on Tsui Hark Essay Example | Topics and Well Written Essays - 1250 words

David Bordwell on Tsui Hark - Essay Example Tsui Hark is a director of a wide horizon and rich experiences. He is able to appeal to inner world of every viewer and thus he makes a puzzle for modern cinema critics who try to find an answer to the question why his films are popular. David Bordwell has devoted a lot of his works and discussions to Tsui Hark. He considers this director in an unprejudiced manner and it is quite interesting to follow development of his ideas. Hark’s nature is divided as it is claimed by Bordwell. It is interesting, what does Bordwell mean? Hark shots his films under conditions of modern globalization and it is relevant to him to follow the needs of the modern society and to find a way to hearts of Western and Asian viewers. Bordwell underlines, that â€Å"The transnational nature in his cinema helps him to both establish his personal style and gain commercial success in Asia† (Bordwell 2000, p. 140). Moreover, â€Å"In Tsui’s best films, Hong Kong cinema becomes a Chinese feast , spiced by indigenous entertainment traditions, replenished by an artist’s pragmatic energy and restless imagination† (Bordwell 2000, p. 148). From these two claims it is quite obvious that Bordwell means multi-sided nature of Hark’s films. ... Versatility of Tsui Hark’s films can be explained by combination of different genres, Asian and Western cultures and adding technological effects in his films. In Once Upon a Time in China Tsui shows relationship between Eastern and Western worlds, if to be more exact, between China and Western countries. Tsui chooses the best period for showing peculiarities of Chinese society development under conditions of being captured by Western countries. All spheres of life of Chinese people were influenced by ‘strangers’. Western civilization put an end to the Qing dynasty. On the example of martial artist Huang Feihong Tsui shows possible alternatives of dealing with Western invasion. Western technological progress was like a huge machine oppressing centennial cultural heritage of China. Nevertheless Tsui appeals to his viewers and underlines that it is necessary to reconstruct realities of China in accordance with generally accepted norms and ideals all over the world. Though Tsui presents multi-sided consideration about China’s reaction to the changes introduced by Western civilization, he has a strong background of his claims, a theory by Sheldon Lu on China and transnationalism. Lu’s theory was not chosen incidentally by Tsui as well, because Lu’s considerations are also ambiguous: â€Å"In the domestic and global arena of image production and consumption, we may distinguish two opposite yet complementary strategies in the politics of self representation of China† (Bordwell, 2000, p. 145). Consequently, Lu suggests that satisfaction of viewers of the Western world would emerge in case erotic and exotics of Chinese worlds was

Strategic Corporate Finance Mod 5 Case Assignment Essay

Strategic Corporate Finance Mod 5 Case Assignment - Essay Example Net Present Value (NPV) method is one of the most important methods used to make capital budgeting decisions by businesses today. NPV method is important because it helps financial managers maximize shareholders’ wealth by making better capital budgeting decisions. Basically we can determine whether a project is worth investing in or not by comparing the present value of inflows and outflows discounted at the rate of cost of capital. If the PV of net flows is positive (PV of inflows is more than the PV of outflows over the life of the project), we consider it a good investment because it will increase shareholder wealth, and vice versa. In other words, must have a positive net inflow. In the given scenario, T-Mobile Corporation is considering a new project that will cost $3,219,000. This is the initial cash outflow. The company has provided the following cash flow figures: Year Cash Flow 0 -$3,219,000 1 350,000 2 939,000 3 1,122,000 4 500,000 5 400,000 We are told that T-Mobil e’s cost of capital discount rate is 4%, and are required to calculate the project's net present value. PV of Cash Inflows = 350000/(1.04)1 + 939000/(1.04)2 + 1122000/(1.04)3 +500000/(1.04)4 + 400000/(1.04)5 350000/1.04 + 939000/1.0816 + 1122000/1.1248 + 500000/ 1.1698 + 400000/ 1.2166 336538.46 + 868158.28 + 997510.66 + 427423.49 + 328785.13 $2,958,416.02. NPV= PV of Inflows – PV of Outflows NPV =$2,958,416.02 – 3,219,000 NPV= (260,583.98) Since the NPV is negative, or the PV of inflows is less than the PV of outflows for the project, investing in it will decrease shareholder wealth. The investment opportunity should be rejected. Even at the higher discount rate of 6%, the PV of inflows would decrease further, and the decision would be the same i.e. it is better not to invest here. Part II: T-Mobile-Sprint Merger Mergers and acquisitions are usually the two routes chosen by corporate entities to expand their businesses in the marketplace. These are often a hot topic in the business press (McClure, 2011). One rumor being floated around is a potential merger between mobile phone giants T-Mobile and Sprint. Mergers between two large companies are usually complicated, even though there may be possible synergies in 4G technologies that might be possible in such an instance. While mergers can bring about great rewards, at the same time they can also entail great risks and pitfalls. Differences in valuation, differences in accounting procedures and operational and administrative difficulties may emerge (Gaughan, (2001). This part of the assignment asks us to do some research concerning the arguments both for and against such a merger from a financial perspective. We are considering the deal from the point of view of whether or not such a merger would be a profitable undertaking that would add value to the shareholders of both corporations or not. Do you think a merger between Sprint and T-Mobile would add value to the shareholders of both corpor ations? Based on your analysis and findings (Part I and Part II), what would you recommend to the shareholders of both corporations? Should both companies merge? Please explain your reasoning. From the point of view of synergistic benefits, there is certainly a lot of merit in seeking to merge Sprint and T-Mobile. As of the date of the article in July 2010, both Sprint