FINM 3005‚ Corporate Valuation Semester 2‚ 2014 Lecture 2 Building a Company Model Lecturer: Jozef Drienko ANU School of Finance‚ Actuarial Studies and Applied Statistics Agenda for today’s lecture 1. Overview of building a company models and Assignment 1 2. Overview of the KGW valuation model 3. General advice on structuring your company model 4. Estimating ROIC (Return On Invested Capital) 5. Wrap-up . . . what’s next?? 2 Company models A company model is a representation of the financial
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good of the many. Utilitarian moral theories evaluate the moral worth of action on the basis of happiness that is produced by an action. Whatever produces the most happiness in the most people is the moral course of action. I will give the best arguments against Utilitarianism‚ and show in my own opinion‚ why I think they are wrong. The strongest counterargument against Utilitarianism would have to be Sterling Harwood’s eleven objections to the theory. Sterling Harwood states that even he does
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to ponder his sentence and escape‚ as well as the result of further action. Crito eagerly attempts persuading Socrates to escape by presenting many gripping arguments. Socrates responds to these arguments by asking/interrogating Crito with questions surrounding pressing life principles that both men agree on and by doing so provides an argument against Crito’s encouragements of escape. No Athenian law prevents any Athenian from leaving‚ and the laws
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An Argument for Evolution Tori Brotherton Lynchburg College Evolution is defined as the change in frequency of genetically determined characteristics within a population over time. There are three key points to consider when referring to this definition. First‚ evolution only occurs in populations‚ which are defined as groups os organisms of the same species that are able to interbreed and are genetically similar. Second‚ genes determine the characteristics displayed by organisms. Third‚ the
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The argument of abortion has been raging since the Supreme Court case‚ Roe vs. Wade‚ in 1973. This court case has divided the country into two factions: pro-choice and pro-life. Pro-life advocates argue that abortions are murder and extreme levels of child abuse. While pro-choice advocates believe abortions are a justifiable means to end pregnancies. The pro-choice argument is that the fetus is not yet a human being and its rights should not override that of the mother’s. An importance on
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different race‚ religons‚ or beliefs being expressed.This essay may argue the conversional topic of gay marriage‚ the right to carry a firearm‚or wheather abotions should be things that should be expressed freely or if it should be under restictions. 2. A. The target audience for this thesis would be supporting
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would be no different than making an argument in class‚ just a bit more formal. Minutes later my confidence fleeted‚ leaving behind only a thought horrifying at the time – I just agreed to speak publicly. While I had no trouble with participating in any sorts of debates or discussions‚ even formal‚ the prospect of speaking to a larger crowd scared me. I was afraid that I would make a mistake in front of strangers‚ that I would omit a crucial point in an argument or misspell a word. Despite my fears
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them to higher management however got no response. Instead of alerting the public or taking legal actions she simply accepted defeat and switched divisions in the company‚ ultimately allowing her to become Vice President. Had Watkins taken action early on the scandal would have not been able to develop in to what it had by 2000. 2. Sharron Watkins only voiced her concerns internally within Enron. Instead of alerting the public or legal authority‚ Sharron Watkins wrote an anonymous memo to C
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Prosecuting Arguments A prosecutor’s duty is to defer and produce evidence of the crime at hand to the judge and jury so that they can decide an appropriate sentence. According to the case of State v. Stu Dents‚ there are several charges against the defendant which range from moderate to severe. These charges include homicide‚ assault of a police officer‚ kidnapping‚ burglary‚ and crimes related to drugs. The prosecution must attempt to provide accurate evidence to prove the charges against Stu
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explain that Socrates argument and show how depends on how what the unjust causes. Then I will argue that this assumption is to be questioned under the fact that citizens are not necessarily affected by the law breakers‚ and that by doing something unjust can be moral. In the Crito‚ the question that Socrates is getting Crito to answers is “Would fellow Citizens be harmed by breaking the law.” Crito proposes Socrates a plan to escape prison. Socrates listens to each argument debating whether they
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