Short-term interest expense= $625‚000 x 5% = $31‚250 Total interest cost = $31‚250 +$77‚500 = $108‚750 Earnings before interest and taxes = $200‚000 - $108‚750 = $91‚250 Earnings after taxes = $91‚250 – 30% = $91‚250 - $27‚375= $63‚875 b. As an alternative‚ Lear might wish to finance all fixed assets and permanent current assets plus half of its temporary current assets with long-term financing. The same interest rates apply as in part a. Earnings before interest and taxes will be $200‚000. What will
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Prisoners Dilemma Introduction The topic of my thesis‚ I chose the issue of non-cooperative economic games‚ specifically the so-called "Prisoner’s Dilemma". Game theory falls in microeconomics and therefore mainly in the economic analysis. It gives us an analysis of the way in which two or more entities interact‚ choose strategies that simultaneously influence each actor. The greatest credit for the development of economic games have mathematician John von Neumann. Game theory can be used both
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The Indian Constitution‚ 1950 following the British model‚ created a system of parliamentary democracy. Upto 1947‚ when India became independent‚ it was still a largely feudal‚ agricultural country. The British policy was to keep us largely unindustrialized‚ since an industrial India‚ with its cheap labour‚ could become a powerful rival to British industry. The Indian Constitution was based on Western models. We borrowed parliamentary democracy and an independent judiciary
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Chapter 2 Company and Marketing Strategy: Partnering to Build Customer Relationships GENERAL CONTENT: Multiple-Choice Questions 1. _____ is the task of selecting an overall company strategy for long-run survival and growth. a. Strategic market planning b. Annual market planning c. Short-term planning d. Advertising e. None of the above is correct (Answer: a; p. 37; Easy) 2. Adapting the firm to take advantage of opportunities in its constant changing environment is called
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Alternative Energy Alternative Energy Our environment is ever changing so it would only make sense that our climate will change also. Researchers believe that the changes in our climate are directly related to certain types of energy. Energy plays an important role in many aspects of our lives. For example‚ we use electricity for lighting‚ heating‚ and cooling. We use fuel for transportation‚ heating‚ and cooking. Our energy production and use are connected with many other aspects of modern
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Solutions to social issues can be developed with the use of creative thinking and criticism. In this paper the question‚ “Should tobacco be outlawed?” Is to be considered and requires the application of logic. “” The author will show how the application of the principles of liberty can logically be applied to answer challenging questions with social issues. Should tobacco be outlawed? Tobacco smoke can be offensive to a majority of restaurant customers; does that mean smoking should be outlawed
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Introduction Merrill Lynch is one of the world’s premier providers of wealth management‚ securities trading and sales‚ corporate finance and investment banking services. They work with clients as their strategic partners to create and execute winning solution which address most of the clients’ most pressing strategic‚ financial and investment needs anywhere in the world (Merrill Lynch internet). Merrill Lynch is one of the largest brokerage firm in the world with more than 15‚000 financial advisor and
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from the American Tobacco Company when they began using the slogan in 1917 “purported to remove harmful corrosive acids and to "sterilize" tobacco” - the slogan was used to rebut recent medical findings that tobacco smoke was harmful to humans. (Heimann 1970) In comparison to the highly restrictive environment the tobacco industry now finds its self in they are two worlds apart. Since the evidence put forward by General Surgeon Luther Terry on January 11‚ 1964 which linked tobacco consumption to
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Effective Strategies KierIa C Roberts MGT/312 December 21‚ 2014 Elizabeth Jones Effective Strategies Alan Mulally‚ former president and chief executive officer of Ford Motor Company‚ graduated from the University of Kansas with a Bachelor and Master of Science degrees in aeronautical and astronautical engineering. He also earned a master’s degree in management from the Massachusetts Institute of Technology. He began his career with Boeing Commercial Airlines Group‚ where he managed all airplane development
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to look into the different opportunities and places that Alternative Breaks offers. When I found the trip in San Francisco‚ I felt that this program would offer me more leadership and volunteering opportunities. My favorite aspect of this program is how University of Oregon students can get together to help out communities and discuss the social issues important to our communities. From what I have learned from other students‚ Alternative Breaks can be a starting place before volunteering for the
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