Capital Structure‚ Profitability and Market Structure: Evidence from Textile Industries in Bangladesh. Introduction In corporate finance‚ the academic contribution of Modigliani and Miller (1958‚ 1963) about capital structure irrelevance and the tax shield advantage paved the way for the development of alternative theories and a series of empirical research initiatives on capital structure. The alternative theories include the trade-off theory‚ the pecking order/asymmetric information theory
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According to Brewster‚ UPS wasn’t particularly concerned about Federal Express in its early years‚ because it didn’t directly compete with UPS’s ground service. The problem was that Federal Express identified a market that was much larger than anyone anticipated‚ including UPS. Brewster says: “By the early 1980s‚ customers were beginning to ask UPS drivers and sales professionals why UPS wasn’t offering next day delivery. UPS‚ a company that had built its reputation and name on the high standards
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World War I was a global conflict that caused devastation throughout nations and led to major revolutions such as the creation of empires and the fabrication of the country’s identity. These changes revolved around the imperialistic and expansionists ideas by Roosevelt and Taft. However not only was the nation advancing into a world power but drastic social changes were happening within the country. World War I had changed American society through the creation of feminist suffrage organizations‚
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Express Yourself‚ But Don’t As human beings we all feel the need to express ourselves. Each one of us desires the ability to act as individuals‚ pursuing our own endeavors that lead our lives in different directions. No matter where we choose to take our lives‚ there will always be people who have differing opinions. How one man’s right way to expresses himself can be the wrong way to another. No one person can determine whether the means to express oneself is the right or wrong way. Society has
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Discuss how far recent UK economic policy has been successful in achieving the macroeconomic objectives. The four main macroeconomic objectives are: full employment‚ price stability (low and stable inflation)‚ sustainable economic growth‚ and a healthy Balance of Payments. A diagram showing unemployment and jobseekers allowance in the UK: On the diagram shown above‚ unemployment within recent years (2008-2013) is seen to be increasing. In 2011 unemployment peaked at 2.6 million which around
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Behavior Better or Worse than it was Years Ago? “Is your child forgetful‚ irresponsible‚ moody‚ and prone to daydreaming? (Figure 1.1) Does he seem to lack motivation and become easily bored?” (Empowering Parents) Has the problem become worse than it was a year ago? A child’s behavior is defined solely by environmental factors such as; family‚ cultures‚ and everyday experiences. As a result‚ studies have shown that due to these factors‚ children’s behavior has become worse. “A child’s behavior
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Presidential in recent years? In recent times many commentators have pointed out that the UK’s Prime Ministers are increasingly acting like Presidents- of course the UK Prime Minister cannot actually become a President as the system would not allow it. Below I shall be analysing and explaining the factors that highlight the growth of presidentialism in the UK‚ as well as the points which suggest that the UK’s Prime Minister is still a Prime Minister. In recent years there has been an increase
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If I were to say on average every year in a population of about 100‚000 people‚ around 1‚377 black males and 895 white males commit suicide due to racial discrimination. you probably would not believe me‚ but it is the shocking truth. Racism is a truly horrible issue and our world is overrun by it‚ has racism really changed‚ who has tried to stop it and is racism present in New Zealand? Most of us think that racism has positively improved over the past years and that may be true but it is still
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We’ve Got Mail--Always Is e-mail a blessing or a curse? Last month‚ after a week’s vacation‚ I discovered 1‚218 unread e-mail messages waiting in my in box. I pretended to be dismayed‚ but secretly I was pleased. This is how we measure our wired worth in the late 1990s--if you aren’t overwhelmed by e-mail‚ you must be doing something wrong. Never mind that after subtracting the stale office chitchat‚ spam‚ flame wars‚ dumb jokes forwarded by friends who should have known better and other
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ingresa el resultado de la pregunta 1. El cual se resuelve con el siguiente enunciado. a. Sheen should stock the optimal stocking quantity in this situation‚ which is 584 newspapers. The expected profit at this stocking quantity is $331.44. b. Q= µ+Φ-1(Cu/(Cu+C0))δ Q=500+ Φ-1(.8/(.2+.8))100 Q=500+(..7881)(100) Q=579 This is off by 5 newspapers from the model given in the spreadsheet‚ which results in a $.03 difference in profitsSe ingresa el resultado de la pregunta 1. El cual se resuelve con el siguiente
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