1. Describe what is meant by motivation. What types of non-financial reward might a company use to motivate employees? Ans: Motivation may stem from personal interest such as keeping safe or from external factors such as praise and reward. Non-financial rewards: * appreciation of hard work * a sense of achievement * responsibility and empowerment * opportunity for advancement * a sense of challenge and enjoyment. 2. Describe the effects of an unmotivated workforce on a company. How
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E1-5 The following information was taken from the 2006 financial statements of pharmaceutical giant Merck and Co. All dollar amounts are in millions. Retained earnings‚ January 1‚ 2006 $37‚980.0 Materials and production expense 6‚001.1 Marketing and administrative expense 8‚165.4 Dividends 3‚318.7 Sales revenue 22‚636.0 Research and development expense 4‚782.9 Tax expense 1‚787.6 Other revenue 2‚677.1 Hint: Prepare income statement and retained earnings statement
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present value of the asset’s expected future cash flows. SECURITY VALUATION In general‚ the intrinsic value of an asset = the present value of the stream of expected cash flows discounted at an appropriate required rate of return. Can the intrinsic value of an asset differ from its market value? Ct = cash flow to be received at time t. k = the investor’s required rate of return. V = the intrinsic value of the asset. BOND VALUATION Discount the bond’s cash flows at the investor’s required rate of
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Chapter 2 Chapter Notes FREQUENCY TABLE A grouping of qualitative data into mutually exclusive classes showing the number of observations in each class. You can convert class frequencies to relative class frequencies to show the fraction of the total number of observations in each class. BAR CHART A graph in which the classes are reported on the horizontal axis and the class frequencies on the vertical axis. The class frequencies are proportional to the heights of the bars. The most
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` Project 3.4.3: The Blood/Urine Connection Introduction Water is obtained from food‚ drink‚ and from reactions that occur in the body. The kidneys process and balance the amount of water that enters your system with the amount that is released. The digestive system helps rid the body of solid wastes‚ but some of the wastes in the blood are the remnants of the digestion of food products. For example‚ when amino acids are broken down by the body‚ ammonia (NH3) is formed. This product is so
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Chapter 12 Problems 1. Cash flow (LO2) Assume a corporation has earnings before depreciation and taxes of $100‚000‚ depreciation of $50‚000‚ and that it has a 30 percent tax bracket. Compute its cash flow using the format below. Earnings before depreciation and taxes _____ Depreciation _____ Earnings before taxes _____ Taxes @ 30% _____ Earnings after taxes _____ Depreciation _____
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CONNECTION BETWEEN HUMAN AND ANIMALS: A COMPARISON "The soul is the same in all living creatures‚ although the body of each is different." This was quoted by Hippocrates‚ a Greek philosopher. The numerous animal imageries in Timothy Findley ’s book The Wars are used to show the similarities and differences of the way how human treat animals and their life. The characters Captain Leather‚ Rodwell and Robert Ross reveal their own connections
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What is the connection between wealth and education? Is it education gives us wealth‚ or wealth gives us an education? Education is our knowledge on things that we have learnt and things that we understand. Whilst wealth isn’t just about how much money we have. It’s about being wealthy through our health and heart‚ also emotionally and physically wealthy. It is all that is desired to be truly happy with one and another. So‚ what is the connection between wealth and education? There is
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AREA OF STUDY DISCOVERY RELATED MATERIAL PORTFOLIO MICHAEL KWONG 1. TITLE AND COMPOSER OF TEXT Short story - And the Water was Dark and It Went Forever Down Written by Tim Winton 2. source date published First published 1997 by Addison Wesley Longman Australia Pty Ltd. Taken from MAKING CONNECTIONS a compilation of short stories put together by Brian Keyte 3. A BRIEF SUMMARY OF THE TEXT(150w) The narrative focuses on a fourteen year old girl who’es mother is mentally and
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Need to consider what types and which cash flows should be included in capital budgeting analysis. D&D was producing and marketing two major product lines: 1. Lift-Off: Low –suds‚ concentrated powder. 2. Wave: Traditional powder detergent. Questions & Answers: 1. If you were in Steve Gasper’s place‚ would you argue to include the cost from market testing as a cash outflow? If I’m Steven Gasper’s I would not include the cost from market testing as a cash outflow. The reason
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