Quick Facts About the Element Uranium

Quick Facts About the Element Uranium You probably know uranium is an element and that its radioactive. Here are some other uranium facts for you. You can find detailed information about uranium by visiting the uranium facts page. 11 Uranium Facts Pure uranium is a silvery-white metal.The atomic number of uranium is 92, meaning uranium atoms have 92 protons and usually 92 electrons. The isotope of uranium depends on how many neutrons it has.Because uranium is radioactive and always decaying, radium is always found with uranium ores.Uranium is slightly paramagnetic.Uranium is named after the planet Uranus.Uranium is used to fuel nuclear power plants and in high-density penetrating ammunition. A single kilogram of uranium-235 theoretically could produce ~80 terajoules of energy, which is equivalent to the energy that could be produced by 3000 tons of coal.Natural uranium ore has been known to fission spontaneously. The Oklo Fossil Reactors of Gabon, West Africa, contain 15 ancient inactive natural nuclear fission reactors. The natural ore fissioned back at a prehistoric time when 3% of the natural uranium existed as uranium-235, which was a high enough percentage to support a sustained nuclear fission chain reaction.The density of uranium is about 70% higher than lead, but less than that of gold or tungsten, even though uranium has the second-highest atomic weight of the naturally occurring elements (second to plutonium-244). Uranium usually has a valence of either 4 or 6.Health effects of uranium typically are not related to the elements radioactivity, since the alpha particles emitted by uranium cannot even penetrate the skin. Rather, the health impact is related to the toxicity of uranium and its compounds. Ingestion of hexavalent uranium compounds can cause birth defects and immune system damage.Finely divided uranium powder is pyrophoric, meaning it will ignite spontaneously at room temperature.

Learn More About the History of the United States Postal Service

Learn More About the History of the United States Postal Service On July 26, 1775, members of the Second Continental Congress, meeting in Philadelphia, agreed . . . that a Postmaster General be appointed for the United States, who shall hold his office at Philadelphia, and shall be allowed a salary of 1,000 dollars per annum . . . . That simple statement signaled the birth of the Post Office Department, the predecessor of the United States Postal Service and the second oldest department or agency of the present United States of America. Colonial TimesIn early colonial times, correspondents depended on friends, merchants, and Native Americans to carry messages between the colonies. However, most correspondence ran between the colonists and England, their mother country. It was largelyto handle this mail that, in 1639, the first official notice of a postal service in the colonies appeared. The General Court of Massachusetts designated Richard Fairbanks tavern in Boston as the official repository of mail brought from or sent overseas, in line with the practice in England and other nations to use coffee houses and taverns as mail drops. Local authorities operated post routes within the colonies. Then, in 1673, Governor Francis Lovelace of New York set up a monthly post between New York and Boston. The service was of short duration, but the post riders trail became known as the Old Boston Post Road, part of todays U.S. Route 1. William Penn established Pennsylvanias first post office in 1683. In the South, private messengers, usually slaves, connected the huge plantations; a hog head of tobacco was the penalty for failing to relay mail to the next plantation. Central postal organization came to the colonies only after 1691 when Thomas Neale received a 21-year grant from the British Crown for a North American postal service. Neale never visited America. Instead, he appointed Governor Andrew Hamilton of New Jersey as his Deputy Postmaster General. Neales franchise cost him only 80 cents a year but was no bargain; he died heavily in debt, in 1699, after assigning his interests in America to Andrew Hamilton and another Englishman, R. West. In 1707, the British Government bought the rights to the North American postal service from West and the widow of Andrew Hamilton. It then appointed John Hamilton, Andrews son, as Deputy Postmaster General of America. He served until 1721 when he was succeeded by John Lloyd of Charleston, South Carolina. In 1730, Alexander Spotswood, a former lieutenant governor of Virginia, became Deputy Postmaster General for America. His most notable achievement probably was the appointment of Benjamin Franklin as postmaster of Philadelphia in 1737. Franklin was only 31 years old at the time, the struggling printer and publisher of  The Pennsylvania Gazette. Later he would become one of the most popular men of his age. Two other Virginians succeeded Spotswood: Head Lynch in 1739 and Elliot Benger in 1743. When Benger died in 1753, Franklin and William Hunter, postmaster of Williamsburg, Virginia, were appointed by the Crown as Joint Postmasters General for the colonies. Hunter died in 1761, and John Foxcroft of New York succeeded him, serving until the outbreak of the Revolution. During his time as a Joint Postmaster General for the Crown, Franklin effected many important and lasting improvements in the colonial posts. He immediately began to reorganize the service, setting out on a long tour to inspect post offices in the North and others as far south as Virginia. New surveys were made, milestones were placed on principal roads, and new and shorter routes laid out. For the first time, post riders carried mail at night between Philadelphia and New York, with the travel time shortened by at least half. In 1760, Franklin reported a surplus to the British Postmaster General , a first for the postal service in North America. When Franklin left office, post roads operated from Maine to Florida and from New York to Canada, and mail between the colonies and the mother country operated on a regular schedule, with posted times. In addition, to regulate post offices and audit accounts, the position of surveyor was created in 1772; this is considered the precursor of todays Postal Inspection Service. By 1774, however, the colonists viewed the royal post office with suspicion. Franklin was dismissed by the Crown for actions sympathetic to the cause of the colonies. Shortly after, William Goddard, a printer and newspaper publisher (whose father had been postmaster of New London, Connecticut, under Franklin) set up a Constitutional Post for inter-colonial mail service. Colonies funded it by subscription, and net revenues were to be used to improve the postal service rather than to be paid back to the subscribers. By 1775, when the Continental Congress met at Philadelphia, Goddards colonial post was flourishing, and 30 post offices operated between Portsmouth, New Hampshire, and Williamsburg. Continental Congress After the Boston riots in September 1774, the colonies began to separate from the mother country. A Continental Congress was organized at Philadelphia in May 1775 to establish an independent government. One of the first questions before the delegates was how to convey and deliver the mail. Benjamin Franklin, newly returned from England, was appointed chairman of a Committee of Investigation to establish a postal system. The report of the Committee, providing for the appointment of a postmaster general for the 13 American colonies, was considered by the Continental Congress on July 25 and 26. On July 26, 1775, Franklin was appointed Postmaster General, the first appointed under the Continental Congress; the establishment of the organization that became the United States Postal Service nearly two centuries later traces back to this date. Richard Bache, Franklins son-in-law, was named Comptroller, and William Goddard was appointed Surveyor. Franklin served until November 7, 1776. Americas present Postal Service descends in an unbroken line from the system he planned and placed in operation, and history rightfully accords him major credit for establishing the basis of the postal service that has performed magnificently for the American people. Article IX of the Articles of Confederation, ratified in 1781, gave Congress The sole and exclusive right and power . . . establishing and regulating post offices from one State to another . . . and exacting such postage on papers passing through the same as may be requisite to defray the expenses of the said office . . . . The first three Postmasters GeneralBenjamin Franklin, Richard Bache, and Ebenezer Hazardwere appointed by, and reported to, Congress. Postal laws and regulations were revised and codified in the Ordinance of October 18, 1782. The Post Office Department Following the adoption of the Constitution in May 1789, the Act of September 22, 1789 (1 Stat. 70), temporarily established a post office and created the Office of the Postmaster General. On September 26, 1789, George Washington appointed Samuel Osgood of Massachusetts as the first Postmaster General under the Constitution. At that time there were 75 post offices and about 2,000 miles of post roads, although as late as 1780 the postal staff consisted only of a Postmaster General, a Secretary/Comptroller, three surveyors, one Inspector of Dead Letters, and 26 post riders. The Postal Service was temporarily continued by the Act of August 4, 1790 (1 Stat. 178), and the Act of March 3, 1791 (1 Stat. 218). The Act of February 20, 1792, made detailed provisions for the Post Office. Subsequent legislation enlarged the duties of the Post Office, strengthened and unified its organization, and provided rules and regulations for its development. Philadelphia was the seat of government and postal headquarters until 1800. When the Post Office moved to Washington, D.C., in that year, officials were able to carry all postal records, furniture, and supplies in two horse-drawn wagons. In 1829, upon the invitation of President Andrew Jackson, William T. Barry of Kentucky became the first Postmaster General to sit as a member of the Presidents Cabinet. His predecessor, John McLean of Ohio, began referring to the Post Office, or General Post Office as it was sometimes called, as the Post Office Department, but it was not specifically established as an executive department by Congress until June 8, 1872. Around this period, in 1830, an Office of Instructions and Mail Depredations was established as the investigative and inspection branch of the Post Office Department. The head of that office, P. S. Loughborough, is considered the first Chief Postal Inspector.

Financial Report for Custom Snowboards Inc Essay

Financial Report for Custom Snowboards Inc - Essay Example At present the company is funded with $750 of debt to $903.8 of equity representing a debt to equity ratio of 0.83 or 83 cents of debt funding for every $1 of equity funding. Other considerations may consider the liquidity of the company, while many companies have a great business model and represent a good long term investment, many fail simply due to an inability to meet short term cash flow needs (Brealey et al 2006). At present, the liquidity position of Custom Snowboards Inc would appear to be healthy with a current ratio of 6.12 and an acid test of 3.91. The concern here on the behalf of the bank may be that Custom Snowboards Inc is not actually making best use of its current assets, rather than a concern over the liquidity of the company at this stage (Arnold, 2007). Further issues which the bank may consider is the long term prospects of the company, here the bank may choose to analyse both various measures of profitability as well as the underlying sales of the company which ultimately driver profitability. At present, the bank may highlight key concerns over both falling sales revenue and sharp falls in the operating and net profit margin. 2 In attempting to reduce perceived levels of risk, Custom Snowboard Inc may undertake a number of measures: Payback Debt – As has been noted, at present the company may be seen as having too high a level of liquid assets, indicating that the company is not using its assets in an efficient way. One way to reduce the perceived risk of the company would be to use such assets to reduce the amount of debt the company has. This would have a double effect on the company, on the one hand, the debt to equity ratio would reduce, making the company a less risky proposition for investors from a capital structure perspective. In addition, the liquidity ratios would be reduced to what the literature (Arnold, 2007) defines a more reasonable level. Overhead Reduction – One of the issues for Custom Snowboards Inc has been that while sales have fallen in recent years, fixed overheads have remanded the same thus resulting in a falling gross profit margin and presenting investors with a profitability risk. In seeking to address the problem, Custom Snowboards Inc should begin a program of overhead rationalisation. Here the company should seek to undertake a significant program of cost cutting with the aim of reducing overhead costs in line with the reduction in sales revenue seen. 3 In considering weather Custom Snowboards Inc is able to pay back the principal and loan it may be prudent to analyse a number of key ratios and tends. At present the company is paying an interest charge of $75,000 per year, if the company were to take on an additional $1m of debt at 6.75% this would add an additional cost of $67,500 PA to the company’s interest charges. Recent years have already seen key ratios declining with the net income ratio falling from 1.7% to 0.5%, and times interest earned reducing from 2 .91 to 1.53. It is believed that by increasing the amount of debt in Custom Snowboard Inc’s capital structure and thus adding greater costs of financing, these key ratios will be reduced further thus questioning whether the company can afford the additional interest charges and principal payments. In considering the net income ratio and times interest earned, it should already be noted that in year 14, Winter Sports outranked Custom Snowboard