If a “typical” firm reports $20 million of retained earnings on its balance sheet‚ could its directors declare a $20 million cash dividend without having any qualms about what they were doing? Explain your answer. Its directors could declare a $20 million cash dividend without having any qualms about what they were doing‚ because retained earnings may not held as cash. Retained earnings represent the cumulative total of all earnings kept by the company during its life. Therefore‚ $20 million would
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thousands of years ago. The story of Penelope and the Suitors is a good example of a woman’s loyalty and respect to her husband without being asphyxiated by patriarchal community. Both Penelope and the Suitors by J.W. Waterhouse and “Penelope” by Dorothy Parker use the myth of Penelope’s suitors to show that her loyalty to Odysseus overcomes the obstacles and hardships both face through their 20 year separation. The poem‚ written by Dorothy Parker‚ is written through the point of view of Penelope. Parker
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laid the foundations of western‚ Art‚ Music‚ Mathematics‚ Philosophy‚ Democracy and Science.In the painting Penelope and The Suitors‚ John Williams Waterhouse uses the wife Penelope to show that she still believes her husband is alive and going to come home‚ Dorothy Parker uses the same scene to show that Odysseus wife is loyal and waiting for him. Dorothy Parker also explains how Penelope is actually the hero for having to deal with the suitors and her husband being away.Dorothy Parker was best
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Penelope as conveyed in The Odyssey is one of a quiet‚ submissive‚ faithful woman. The readers do not see much of Penelope’s actions throughout the epic and rather just hear of what she should be doing. Penelope’s story and relationship with Odysseus has remained a myth‚ until Margaret Atwood’s The Penelopiad. In the novel Penelope finally explains her story of what happened while Odysseus was on her journey away and back to her. The Penelopiad is praised as a feminist text and throughout the story
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In the vast tellings of Homer’s The Odyssey‚ many character comparisons can be made. Few are more pressing however‚ than the heroism of Odysseus and his wife‚ Penelope. Although both Penelope and Odysseus displayed heroic characteristics in The Odyssey‚ Odysseus was more of a hero than his wife was in the epic. Penelope‚ while somewhat of a heroine‚ simply was not depicted by Homer to be the hero that her husband was. To start‚ Odysseus was developed with standard Greek heroic traits. First‚ Odysseus
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any capital expenditures along with change in net working capital. With risk-free rate of 10%‚ comparable firms’ beta of 1.2‚ and market premium of 4%‚ the appropriate discount rate for the project was 14.8% using CAPM. Sum up each discounted cash flow‚ the NPV of the first-generation project was - $3‚370‚071. Since we got a negative NPV‚ we recommended that Penelope shouldn’t invest in the first-generation project alone. The option for Penelope to make the follow-on investments can be treated as
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G20 | | | Sumit JainBBA Semester-IIIPRN 11021021057Basics of International Economics | | | | Introduction: The Group of Twenty Finance Ministers and Central Bank Governors (G-20‚ G20‚ and Group of Twenty) is a group of finance ministers and central bank governors from 20 major economies: 19 countries plus the European Union‚ which is represented by the President of the European Council and by the European Central Bank. Their heads of government or heads of state have also
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APPLICATIONS OF ORGANIC COMPOUNDS IN LASER TECHNOLOGY WHAT IS AN ORGANIC COMPOUND? An organic compound is any member of a large class of gaseous‚ liquid‚ or solid chemical compounds whose molecules contain carbon. Organic chemistry is the science concerned with all aspects of organic compounds. Organic synthesis is the methodology of their preparation. APPLICATIONS OF ORGANIC COMPOUNDS clothing of cotton‚ wool‚ silk‚ and synthetic fibres; common fuels‚ such as wood‚ coal‚ petroleum‚ and natural
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Working in partnership with other relevant adults MU2.9-1.1 Why is it important to work in partnership with the following people:- Parents/ carers This is the most important partnership as Parents/carers need to feel happy with the setting and the staff who work there. They will want and expect the highest level of care for their child. Building a partnership with Parents/carers will ensure good communication and the sharing of important information regarding the child‚ such as needs‚ wants and
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Effects of working capital management on the profitability of Portuguese manufacturing firms Sónia Silva* sonia@eeg.uminho.pt Florinda Silva** fsilva@eeg.uminho.pt July 2012 Abstract This study provides empirical evidence about the effects of working capital management on the profitability of Portuguese manufacturing firms. A database covering the period 1996-2006‚ collected from Portuguese Statistical Office‚ is analyzed under panel data methodology. In line with previous research
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