1. What type of capital structure should a firm choose and why? In your answer‚ be sure to include capital structure fallacies and their effects on a firm’s decision. Capital structure is the relative proportions of debt‚ equity‚ and other securities that a firm has outstanding. When a firm need to raise funds from investors they must choose which type of security to issue. There are typically two different types: financing through equity alone‚ or financing through a combination of debt and
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Corporate Finance and Investment 1. Define “Working Capital” Working Capital=Current Assets-Current Liabilities =Accounts Receivable + Inventory - Accounts Payable “Working capital is how much in liquid assets that a company has on hand. Working capital is needed to pay for planned and unexpected expenses‚ meet the short-term obligations of the business‚ and to build the business.” 2. Give concrete measures how w.c. can be optimized (receivable‚ inventories (JIT
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Through the soldiers’ experiences‚ the narrator shows only the dark side of human nature. Discuss. Generals die in Bed by Charles Yale Harrison is a novel where a young Canadian soldier tells of his first hand account of the harsh and inhumane conditions in the trenches on the Western Front during World War 1. Through his observations and experiences the Narrator shows the effects of war on ordinary people and how they manage in extraordinarily horrific situations. Even though the brutal nature
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cities‚ namely Epsom‚ Islington‚ Buxton and Cheltenham.Yet it cannot be denied that they were not as famous as the city of Bath. Bath is the most representative city to depict the striking urban and social development of hot springs in England at that time. As a matter of fact‚ we must remember the fact that from the early eighteenth century until the early nineteenth century‚ Bath developed from a small provincial spa to being the most fashionable place‚ outside of London. The spa was famed for its
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together to help convey an overall atmosphere and theme. In The Women’s Baths‚ the author includes details to describe the setting. The author uses sensory details to describe the bath’s beautiful designs. The bath has elegant halls‚ vibrant rugs‚ and beautiful fountains. Also‚ when the narrator enters the deeper areas of the bath her eyes have to adjust to the thick steam and mugginess. There are many people inside the bath. The narrator describes the setting as loud with overlapping of
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Prologue.” Twenty-nine strangers embark on a pilgrimage to Canterbury‚ one of them being the Wife of Bath. In “The General Prologue”‚ “The Wife of Bath’s Prologue”‚ and “The Wife of Bath’s Tale”‚ the Wife of Bath is described in a very critical‚ yet amusing way. In “The General Prologue” the narrator introduces the characters in order of who he likes the best‚ to who he likes the least. The Wife of Bath is in the middle of that list‚ somewhat near the end. She is not the prettiest woman‚ “Bold was her
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The Soothing Sensation That is Bath Salts Introduction “Oh yeah‚ me and my girlfriend have a big bag of lavender bath salts sitting at home‚” was the initial reaction when I asked a fellow engineer to portray as a testimonial for our borderline inappropriate bath salts infomercial. Contrary to popular belief‚ this new synthetic drug is far away from producing any effects that are similar to that of a relaxing bath. Until recently‚ bath salts were popularized to be a “legal high.” In order to tip
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medieval society are the Wife of Bath and the Prioress. Through both the Wife of Bath’s Tale and the Prioress’s Tale‚ Chaucer articulates his opinionated views of the etiquette and conduct of women in the 14th century. By examining both the Wife of Bath and the Prioress’s tales‚ we are able to see the stark contrast between their social standards and demeanors. Chaucer’s description of the two characters clearly depicts the Prioress as a better woman than the Wife of Bath according to 14th Century standards
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Journal of Economic Literature 2009‚ 47:4‚ 1029–1075 http:www.aeaweb.org/articles.php?doi=10.1257/jel.47.4.1029 Beyond GDP: The Quest for a Measure of Social Welfare Marc Fleurbaey* This paper critically examines the various approaches to the measurement of individual well-being and social welfare that have been considered for the construction of alternatives to GDP. Special attention is devoted to recent developments in the analysis of sustainability‚ in the study of happiness‚ in the theory
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The Wife of Bath: Female Empowerment In Medieval Europe women traditionally occupied specific gender roles. Some of these roles that women were expected to carry out included wife‚ peasant‚ artisan and nun. Women during this period were constantly told by society and the church that because of their gender they were meant to be weak and submissive to men. Geoffery Chaucer a poet in the late medieval period sought to challenge these constraints placed on women during this period‚ through the
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