END JUSTIFY MEANS At the beginning of an action we might not know whether the action is morally correct or wrong but when morally right goal is successfully achieved we might say all the steps which lead to reach to this goal was correct and hence the beginning of the journey was appropriate. If the goals are good and noble then steps which are used to achieve them are also noble and good then yes end does justify its means. But desired morally correct goal can also be achieved by taking unethical
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FIN3101 Corporate Finance Practice Questions Topic: Capital Budgeting 1. Marsh Motors has to choose one of two new machines. Machine 1 costs $180‚000‚ has a 3 year life and EBIT of $108‚750 per year. Machine 2 costs $360‚000‚ has a life of 6 years and EBIT of $122‚875 per year. Assume straight line depreciation over the life of the machine. Marsh is a levered firm with a debt equity ratio of 0.40. The beta of equity is 1.125 while the beta of debt is 0.25. The market risk premium is 8 percent
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Today’s the day! I can feel it. It’s my turn to be chosen and I won’t take “no” for an answer. I’ve been waiting for this for as long as I can remember‚ watching the other adventures being chosen‚ living their lives‚ choosing their classes. Me… in my early 20’s and still living with my parents‚ working in the family business – The Trade Depot. It’s not a bad job‚ meeting new people daily. Hearing about their quests and adventures. We trade with a variety of races‚ making our Trade Depot a lot larger than
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M2 - Justification of Design Justify Design Decision I have placed my logo on the top right corner of my website because for me it’s the most suitable place to put logo. It makes logo visible and clear to see‚ people can easily recognize it. Many websites use the same place where I‘ve put my logo. My navigation bar is just below the shop name and the shop logo; it’s on the same place on every page‚ because that will make it easy for users to find it. For my website I have created 8 Webpages
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What Justifies the State? The state‚ as the textbook refers to‚ "is the highest authority in a society‚ with a legal power to define the public interest and enforce its definition." The state is comprised of the governing institutions‚ politicians‚ and the legal system. They have authority over its citizens in executing legislature‚ applying taxes‚ and‚ if necessary‚ provide additional services for the state. The power of the state is justified by the people who allow the state to have the necessary
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Assignment 3: Planning and Budgeting This paper will focus on the excellent functions‚ operations and management of the Good Samaritan Health Center in Atlanta‚ Georgia. Access to health care is the ability to obtain healthcare services when needed. Millions of people lack adequate access for millions of people in the United States (Bodenheimer and Grumback). Over one million Georgians‚ have no health insurance. Non-financial barriers to health care include the inability to get care when needed
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Capital Budgeting Capital Budgeting is done because companies need to make Acceptance/rejection decisions for buying fixed assets etc. Features of fixed assets : Investments upfront and returns take a long time. Risk is long term Expenses are indivisible and lumpy Ex. If HUL wants to put up a synthetic detergent plant of 50 cr. Rs. -> by spending 25 Cr. Rs.‚ the plant wont be operational at half the capacityS The Capex decisions are irreversible Projected P&L : Less Sales Raw Materials
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Exchange Traded Bonds and Sukuk (ETBS) Bonds/Sukuk have always been seen as an asset class to hedge when markets are bearish and a means to develop a steady income over many years. But in the past the bonds/sukuk market was accessible only to high net worth and institutional investors. Now with ETBS‚ all investors can have access to the bond/sukuk market with ease‚ via the stock market. What are ETBS ETBS are fixed income securities‚ also known as bonds or sukuk*‚ that are listed and traded on the
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Office Depot Financial Statements Restated Office Depot Financial Statements Restated In March of 2011 Office Depot Inc. announced that it would be restating its 2010 financial results after the United States Internal Revenue Service denied its claim to carry back certain tax losses from prior years. “The expected impact of correcting the 2010 financial statements is to reduce full-year tax benefits of approximately $80 million; to change net earnings for 2010 from $33
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starting a new company‚ the banks look at how the economic state is and see if the expected amount of sales is reasonable when compared to competitors. Banks also check if the projections are supported by the past performance of the company‚ when they are the look to see if the projections are dependable and conservative. They also want to see if the assumptions are within an individual’s control‚ such as the wage an individual would expect to earn or if management can make decisions which could affect profit
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