Article 1discusses how different estimates of equity value are obtained by researchers while using the discounted cash flow model (CF) and the Residual income (RI) model. It recognises the inconsistencies prevalent while implementing them. Francis et al (2000) use Value line estimates for finite forecasting periods. They conclude that RI is superior to CF. Courteau et al (2000) analyse whether different valuation models are same when a terminal value calculation based on price is used. They conclude
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3-D printing A. Summary 3-D printer could create human organs is a part of a newscast from the American news show RT. The newscast is from 19th of February 2013. In the video the host tells about the new 3-D printing technology and how it can change the world. The idea is that a 3-D printer made by researchers from the University of Edinburgh can create a new knee‚ body tissue‚ heart or any other body parts. The RT correspondent Marina Portnaya tells that experts are using 3-D technology to print
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Case Problem Set 3: Problem 1: Young Professional magazine was developed for a target audience of recent college graduates who are in their first 10 years in a business/professional career. In its two years of publication the magazine has been fairly successful. Now the publisher is interested in expanding the magazine’s advertising base. Potential advertisers continually ask about the demographics and interests of subscribers to Young Professional. To collect this information the magazine has
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Condo Name: Baron 3 Gardens THE GOOD: Baron 3 Gardens offers spacious units ranging from one bedroom to two bedroom types and upper and lower penthouses which come with a balcony and a utility room. It is a low density condominium with six units per floor. At the roofdeck are the amenities which can be enjoyed together with a panoramic view at the function room and viewing deck floored with artificial grass‚ high-walled swimming pool‚ gym‚ yoga room‚ and smoking area. It also holds a spacious receiving
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CAPITAL BUDGETING FOR MULTINATIONALS 13.1 INTRODUCTION Although the original decision to undertake an investment in a particular foreign country may be the outcome of combination of strategic‚ behavioural and economic considerations‚ choice of a specific project within a particular product-market posture calls for evaluation of its economic feasibility. For this purpose‚ capital budgeting exercise has to be done. A firm should deploy funds in a project if the marginal revenue obtained there from
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Case 3- Lois Quam 1. How does Lois Quam use emotions and moods in her speeches to convey her viewpoint? Cite examples to support your statements. Lois Quam uses emotions and moods in her speech to persuade her audience to agree with her viewpoint by foreseeing positive outcome for the future. Towards the end of her speech about her philosophy‚ she said “Think about what we can achieve…think about the time sometime in the future when our work is reaching critical mass.” (Wiley W104) In this speech
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1. Should corrections be date and time stamped? According to the American Medical Association‚ all medical records should be date and time stamped and should identify the corrector or the person that is making any changes of any sort. First‚ the individual making the correction needs to identify him or herself as having authorization to do so. Secondly‚ any corrections need to contain the date and time they took place so that if any questions were to arise they may be better referenced. Finally
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CHAPTER 9 PROFIT PLANNING AND BUDGETING Questions‚ Exercises‚ Problems‚ and Cases: Answers and Solutions 9.1 See text or glossary at the end of the book. 9.2 A cost center is a responsibility center in which management is responsible only for costs. In a profit center‚ management is responsible for both costs and revenues. 9.3 An investment center is a responsibility center in which management is responsible for managing costs‚ revenues‚ and assets. A profit center is not responsible
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I. For each of the years on the Statement of Cash Flows: Major sources of cash in 1990 were investing activities‚ Major Sources of cash in 1989 were financing activities 1. What were the firm ’s major sources of cash? Its Major sources of cash were provided by operating major uses of cash? activities. ( Cash provided by investing activities in 1991 followed by operating activities. Major uses of cash (operating activities also were sources of cash)‚ while was much less than operating activities
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natural light through a window‚ what angle do you want the person at toward the window? The person should be at a 45 degree angle to get a dramatic effect. It usually depends on how you want the photo to look and the direction of the window and the sun. 3. How did the party pictures differ from the strobe lighting to the lower wattage continuous light? With the strobe light‚ the background was almost completely darkened. The strobe light was too bright and caused the background to “disappear.” With the
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