What is the weighted average cost of capital (WACC) for Marriott Corporation? WACC = (1 - τ)rD(D/V) + rE(E/V) D = market value of debt E = market value of equity V = value of the firm = D + E rD = pretax cost of debt rE = after tax cost of debt τ = tax rate = 175.9/398.9 = 44% Cost of Equity Target debt ratio is 60%; actual is 41% [Exhibit 1] βs = 1.11 βu = βs / (1 + (1 – τ) D/E) = 1.11/(1 + (1 – .44) (.41)) = 0.80 Using the target debt ratio of 60%: βTs = βu (1 + (1 – τ) D/E)
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Solution to the Case Study: “Levi Strauss’s Goes Global” Book: Organizational Theory‚ Design‚ and Change Fifth Edition Page 235 Gareth R. Jones Discussion Question 1 and 2 1. How does Levi Strauss take advantage of the global environment? 2. What structure does Levi Strauss use to implement its strategy? This case demonstrates how a company can pursue a transnational strategy and which organizational structure supports this strategy. “Levi Strauss”‚ the company under discussion
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Bonnie Wittenburg‚ Plaintiff‚ v. American Express Financial Advisors‚ Inc.‚ Defendant. Civ. No. 04-922 (JNE/SRN) UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MINNESOTA FACTS OF THE CASE: In the case of Wittenburg v. American Express Financial Advisors‚ Inc. (AEFA)‚ Bonnie Wittenburg was an employee for AEFA in their Minneapolis office. The plaintiff was hired by the company in November of 1998 at the age of forty-six to serve as an Equity Research Analyst in AEFA’s Equity Investment
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Kanthal Case Study Solutions INTRODUCTION: Kanthal is company that specializes in the production and sales of electrical resistance heating elements. Kanthal has about 10‚000 customers and they produce about 15‚000 items. The company consists of three divisions and these three divisions are as follows: 1)Kanthal Heating Technology - 25% global market share 2)Kanthal Furnace Products - 40% global market share 3)Kanthal Bimetals - Manufacturer of one of the few fully integrated temperature control
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1. Case Name‚ Citation‚ and Court Internet Solutions Corp. v. Marshall LEXIS 2826I (2008) The District Court for the Middle District of Florida 2. Key Facts A. Internet Solutions Corp. (ISC)‚ which operates employment recruiting and Internet advertising websites‚ has its principal place of business in Florida. B. Tabatha Marshall‚ a resident of the State of Washington‚ was sued by ISC for making false and defamatory statements on her website. C. Marshall filed a motion to dismiss asserting
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The case in DHL gives the situation faced by DHL Worldwide Express (India)‚ a division of Airfreight Ltd‚ which is a company engaged in different activities connected with transportation of cargo (both domestic and international)‚ domestic surface transport‚ logistics and express operations. It also has two subsidiaries‚ one a travel agency and another engaged in money transfer operations. Shipping is also under a subsidiary. The DHL division has an alliance with DHL Worldwide Express‚ the worldwide
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According to Brewster‚ UPS wasn’t particularly concerned about Federal Express in its early years‚ because it didn’t directly compete with UPS’s ground service. The problem was that Federal Express identified a market that was much larger than anyone anticipated‚ including UPS. Brewster says: “By the early 1980s‚ customers were beginning to ask UPS drivers and sales professionals why UPS wasn’t offering next day delivery. UPS‚ a company that had built its reputation and name on the high standards
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‘20 Most Promising Agile Solution Provider Companies’ _ Zitima Techno Solutions When was the company founded? 2012 What are the major challenges that the clients is currently facing? How is your company helping them in overcoming these challenges? Productivity is the name of the game for companies to work faster and smarter. IT technology has grown to transform the way we do business today‚ and run our businesses. We provide solutions for different trade verticals catering to their requirements
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------ Considering the fact that the market and most products today are shifting towards healthier eating‚ I do think Indra Nooyi’s vision for PersiCo is headed in the right direction and it would be wise to invest more in the company. Companies that enjoy enduring success have core values and a core purpose that remain fixed while their business strategies and practices endlessly adapt to a changing world. The dynamic of being able to preserve the core while stimulating progress in most companies
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to be binding to another party. Actual Authority Express Authority ‘An actual authority is a legal relationship between principal and agent created by consensual agreement’ (Lord Diplock). The express grant written in clear terms states Terry is “authorised to enter contracts on LML’s behalf‚ up to a monetary limit of $500‚000”. However‚ the fact that Terry devises a new contract for a price of $1‚400‚000 means he no longer has express authority as an agent to make this contract binding with
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