Sonic Drive-In Case Background In 1953‚ Tyro Smith founded the prototype of the first Sonic drive-In in Shawnee‚ Oklahoma. Before 1953‚ he had already tried opening two other restaurants. Smith eventually bought a steak house that had a root beer stand on the lot. He intended to tear the stand down to add more parking for the steak house‚ but the root beer stand‚ called Top Hat Drive-In‚ proved to be more profitable and even outlasted the steak house. While traveling in Louisiana‚ Smith saw homemade
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structure for Kaynat Manufacting is 50% common stock‚ 15% preferred stock‚ and 35% debt. If the cost of common equity for the firm is 19.6%‚ the cost of preferred stock is 12.9% and the before tax cost of debt is 9.5% what is the weighted average cost of capital? The firm’s tax rate is 35%. Answer: WACC = (50% x 19.6%) + (15% x 12.9%) + ( 35% x 9.5% x 65% = Q2: The following are the information of a company: |Type of capital |Book value (Tk) |Market value (Tk) |Specific
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calculating the average daily power factor as the sum of the all the power factor measurements taken during that day divided by the total number of measurements {∑Pf1+Pf2+Pf3+…Pfn}/n. According to teachings on this subject this is entirely incorrect. Furthermore a document was written about this very theory some years ago by one Mr. Lampkin and it is apparent that no change was made to correct the calculations (please refer to). The following is a review of the general theory. Power factor (Pf) is the
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sports‚ there have been numerous heated debates about the integrity of many things concerning the NCAA and how it handles legal and ethical issues. Two well renowned scholars tackle this issue in their co-authored book entitled "College Athletes for Hire‚ The Evolution and Legacy of the NCAA’s Amateur Myth" written by Allen L. Sack and Ellen J. Staurowsky. In their book‚ the authors enlighten the reader on such issues as athletic scholarships‚ professionalism in college sports‚ and favoritism for
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What Are the Factors That Affect Inventory? Often it is said that by avoiding process‚ design‚ operational and management problems‚ inventory can be avoided but it is not always so. These are some basic reasons for the growth of inventory which is not at all desirable by any firm. But there are many more factors which can lead to the growth of inventory and they need to be dealt with to avoid losses in the future. Some factors have long term impact on inventories so it is imperative to recognize
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Labor rate variance is the difference between the actual labor rate and the applied overhead rate (standard rate multiplied by the number of actual hours worked). Consider this and respond to the following: • "Our workers are all under labor contracts. Therefore‚ our labor rate variance is bound to be zero." Do you agree or disagree that the labor rate variance will be zero if all workers are under labor contracts? Explain giving reasons. The concept of labor rate variance and its application
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New Hire Communication Assignment Communicating at Home Depot The company has a plan to install hire new staff to install curtain rods. This requires expert guidance on kitchen modeling; hence the company to hire a new staff in order to provide a helping hand. In addition‚ the co-founders‚ Arthur Blank and Bernie Marcus have to design a retail culture to tackle the Home Depot improvement and repair projects by hiring contractors. In addition‚ the
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The Rage That Drives Achilles In Homer’s book the “Iliad” lays an epic conflict between a man and his inner self that ultimately leads to great loss on a wider scale and not just to himself. Achilles is a man with a superpower but has a severe problem when his ego is insulted. Achilles is driven by rage and anger and will do everything in his power to seek vengeance on anyone whom gets in the way of his pride whether it is friend or foe. One might argue whether Achilles is an epic hero but this
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are used to carry our emotions and to help build a relationship between the film and the audience. Drive is one of the best examples. The employment of music‚ subdued cinematography‚ and symbolism help achieve that relationship. Drive is a 2011 crime drama directed by Nicolas Winding Refn. It is about an unnamed man who works as a stunt driver by day‚ but is a getaway driver by night. The Driver
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1. Factors affecting response rates in survey development 1.1. Content of web questionnaires Response rate is closely related to who the sponsors are‚ what the topic is‚ and how long the survey takes to complete. First: Official sponsorship of a surveys: sponsored by academic and governmental agencies have higher response rates than those sponsored by commercial Influenced how respondents perceived and answered similar questions about sexual harassment by a neutral research institution and a feminist
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