was a global war that lasted from 1939 to 1945. It involved the vast majority of the world’s nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis. It was the most widespread war in history‚ with more than 100 million people serving in military units from over 30 different countries. In a state of "total war"‚ the major participants placed their entire economic‚ industrial‚ and scientific capabilities at the service of the war effort
Free World War II
Proposition II states that higher debt does not affect cost of capital of a firm. The reason is that the lower cost of debt is offset by a greater cost of equity‚ which means investors demand a higher return on equity as a result of the higher risk coming with more debt‚ that holds the firm’s cost of capital unchanged. Based on the above proposition‚ moderate borrowing may not increase the return on equity. It is suggested that the firm’s capital structure (proportions of debt and equity) is irrelevant
Premium Finance Corporate finance Economics
Why is the senior management of HCA pursuing an LBO of the firm? Prior to the LBO offer‚ HCA was suffering from poor market performance. The firm’s bad-debt expense was growing at a rate faster than anticipated. In 2005‚ uninsured emergency visits and uninsured admissions increased by 9.9% and 8.9% respectively‚ and it is estimated nationally that 85% of uninsured do not pay their medical bills. Moreover‚ the uninsured population was growing at a faster pace in the states HCA operated in than nationally
Premium Time Economics Term
In order to catch up with the fast growing progress of the developed countries’ economy‚ a lot of developing countries choose to use debt to accelerate the development of their economy. But who else can know this is a way that Western countries use debt to control the economy of the poor countries or developing countries.(Global) The debt crisis has spread across Africa in the last decade and the reasons that gave rise to excessive African indebtedness in the 1970s and early 1980s‚ and which caused
Premium Poverty Africa Atlantic slave trade
The Conscience of a Conservative: Chapter 1 The first chapter of The Conscience of a Conservative articulately describes the conservative ideology. Barry Goldwater delves into Conservatism‚ and explains that although economics play a role in their ideals‚ it is surely not the main focus—supporting the idea‚ and stressing the fact‚ that they are not money cravers. In a sense‚ the well-being of the average man and their needs‚ such as freedom‚ over rule their “economic wants‚” as depicted in paragraph
Premium Conservatism Political philosophy Ronald Reagan
to college‚ and graduate are better off than the ones who don’t go to college at all. Especially the ones who end up with high paying jobs. In her article “A lifetime of Student Debt? Not Likely.” She talks about students who attend college and take out student loans. A great student can be one that ends up in the most debt‚ and a not so great student could be one that doesn’t have to pay back as much. It all depends on how wise you are with money. Wilson talks about how students take out more than
Premium University Higher education College
List of Tables Table 1: Zimbabwe debt figures 1995-1996 Table 2: Zimbabwe deficit figures 2000-2003 Table 3: Possible solutions EXECUTIVE SUMMARY In this paper the author shall trace the country’s economic trajectory‚ starting with Dr Benard Chidzero’s budget presentation of 1986 which he described as “particularly difficult”‚ and projected a budget deficit of ZW$1 billion. The importance of the huge post-war expectations of the general populace‚ and the ruling party’s deep desire to retain
Premium Tax Economics Public finance
will vary. Responses should contain complete sentences and should address the specific question. Suggested responses may include but not be limited to: 1) an opinion on how unethical the seven deadly sins are. 2) identification of one sin that is worse than the others and an explanation of why it is worse. 3) identification of one(or more) sin(s) that the student feels is acceptable. 4) Students should state
Free Seven deadly sins Sin
DEBT TO EQUITY PROPORTIONS In building the pool of funds for the business it is important to balance and optimize the proportions of debt and equity. The relationship between total debt and total equity is referred to as leverage or gearing. If there is too much debt‚ a business becomes highly leveraged with the implications of: • Repayment risk. The risk to debt providers increases as there is less of an equity buffer to absorb losses that the business may make. • Interest risk. The interest
Premium Debt
Jane Long was orphaned at the age of fourteen‚ and widowed at the age twenty-four‚ Jane Long is a very important person in Texas history. Jane always stood up for what she believed. She went through a lot‚ and still stuck out an amazing lifetime of eighty-two years. Jane Long was significant to Texas history because she was Strong‚ Intelligent‚ and Outgoing. Jane Long didn’t want to be rude to ANYONE‚ so she was nice to everybody she came in contact with. Jane Long was an intelligent child
Premium Family English-language films Mother