How do shapes affect structure? From the Roman arches to the triangular Great pyramids to religious domes and the variety of quadrilaterals found on steel-frame buildings of the 20th century‚ architecture is largely predicated on shapes. The mathematical attributes of shapes are necessary to the design of any standing structure. Arch The Romans first used arches around 273 B.C. Arches served as entrances for large‚ outdoor public spaces. Today‚ arches are found on porches‚ doorways and
Premium Rectangle Structure Arch
26‚ 2013 Exercise 1 The market value of a firm with $500‚000 of debt is $1‚700‚000. The pre-tax interest rate on debt is 10% p.a.‚ and the company is in the 34% tax bracket; the company expects $306‚000 of earnings before interest and taxes every year in perpetuity. What would be the value of the firm if it was financed entirely with equity? What amount of the firm’s annual earnings is available to stockholders? 2 Exercise 2 Gibson‚ Inc.‚ expects perpetual earnings before
Premium Finance
“Much To Do With Deception” A Critical Research Paper about William Shakespeare’s Much Ado About Nothing Much Ado About Nothing‚ written by William Shakespeare‚ is a dramatic production that uses the tools of deception and humor under the category of comedy. As defined by Paul N. Siegel‚ “A comic play is usually accepted to be a light-hearted play with a happy conclusion.” Yet‚ Shakespearian tragic plays often use deception as a method to damage the role of the hero. In other Shakespearian tragedies
Premium Crime Prison Management
Company Ford Motor Company Capital Structure Business and Financial Risks The Modigliani and Miller Theory of Capital Structure and Criticisms Optimal Capital Structure at Ford References Abstract The purpose of this paper is to analyze Ford Motor Company’s capital structure to understand the financial risks and companies financial make up. The research paper will also discuss the Modigliani and Miller capital structure theory including common criticisms
Premium Ford Motor Company Finance
1) Overview / Introduction Diageo was created when Grand Metropolitan‚ plc and Guiness‚ plc merged in 1997. While the Diageo name is not well known to consumers‚ its brands are among the most famous including Guinness‚ Smirnoff‚ Johnnie Walker and Cuervo. The company recently decided to focus on a strategy to grow through its spirits‚ wine and beer businesses and divest of its Pillsbury and Burger King subsidiaries. This case study will focus on the proposed capital structure decisions of Diageo
Premium Credit rating Interest Finance
BOOK 5 “If I told the police what you just admitted‚ you would deny it‚ and we both know it‚” Andrew said‚ knowing he needed to take care of this little‚ evil troublemaker. “How much spending money do you need?” “Well‚ now‚ let me think about it for a minute‚ I want to be reasonable. With all the money‚ you make at the drug store. You could afford $800 a month to start. Remember‚ I know how much you make‚” Nancy said and snickered. “What do you mean to start?” He asked‚ knowing what she meant
Premium Crime Drug addiction Heroin
Financial Management Literature Review on Capital Structure Date: 7\12\2012 Name: Tudor Gheorghiu Student Id: 12254888 Introduction 3 Theories on Capital Structure 3 Modigliani and Miller theory on capital structure 3 Other theories relating to the firm`s capital structure 4 Trade-off theory 4 Pecking order theory 5 Agency theory 6 Choosing between theories 7 Empirical evidence 7 Developed countries: 7 Emerging markets: 9 Capital structure of privatised firms 10 Factors affecting
Premium Corporate finance Finance Debt
What are my expectations from this course? “Either write something worth reading or do something worth writing.” Benjamin Franklin. Reading is essential for everyday living‚ regardless of my insufficient skills. At the University of the Virgin Islands‚ English 101 class I’m determine to enhance my love for reading and build a stronger vocabulary foundation. I’ve never had a passion for reading. I was never surrounded by peers or family that influenced to me read. I always preferred to watch a movie
Premium 2005 albums Benjamin Franklin Learning
Siemens AG Financial Analysis Capital Structure and current financial situation 12/5/2012 Andon Pavlov‚ 296181 Company Review Siemens AG is a German multinational engineering and electronics conglomerate company headquartered in Munich‚ Germany. It is the largest Europe-based electronics and electrical engineering company. Siemens’ principal activities are in the fields of industry‚ energy‚ transportation and healthcare. It is organized into five main divisions: Industry‚ Energy‚ Healthcare
Premium Asset Revenue Balance sheet
Solution 1: (i) P0 = D1 Ke - g CA – IPC TEST CAPITAL STRUCTURE = 3.50 (1.06) 0.15 – 0.06 = `41.22 (ii) Ke = D1 + g P0 0.15 = 3.50 (1 + g) + g 50 7.50 = 3.50 + 3.50g + 50g g= 4 = 7.48% 53.5 Solution 2: (i) Determination of EPS at EBIT level of `22‚00‚000 Financing Plan (a) (b) Equity Shares (`) Debentures (`) Pref. EBIT 22‚00‚000 22‚00‚000 Less: Interest (16‚000) (1‚21‚000) Taxable Income 21‚84‚000 20‚79‚000 Less: Tax @ 30% (6‚55‚200) (6‚23‚700) EAT 15‚28‚800 14‚55‚300 Less: Dividend on Pref
Premium Stock Leverage Earnings before interest and taxes