4) UST Inc. has paid uninterrupted dividends since 1912. Will the recapitalization hamper future dividend payments? UST Inc. has paid uninterrupted dividends since 1912. Assess the impact of the plan on UST’s $ dividend and dividend per share‚ assuming it continues to payout 64% of its earnings as dividends. Exhibit TN-6: Impact of Recapitalization on DividendsDebt = $1 BillionActual 1998Pro-forma 1999 No debtPro-forma 1999 Rd = 7.82Net Income467.9491442.56Shares185.5185.5158.42Earnings per Share2
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Profile of the University of Cape Coast (UCC) The University of Cape Coast (UCC) in Ghana was established in 1962 out of a dire need for highly qualified and skilled manpower in education and was affiliated to the University of Ghana. It was established to train graduate teachers for second cycle institutions such as teacher training colleges and technical institutions‚ a mission that the two existing universities were unequipped to fulfill. Since its establishment‚ the university has added to its
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CAPE ACCOUNTING UNIT 2 MODULE 1: COSTING PRINCIPLES CONTENT: Cost and Management Accounting‚ Manufacturing Enterprises‚ Elements of Cost 1. INTRODUCTION TO COST AND MANAGEMENT ACCOUNTING i. Discussing the importance and role of Cost Accounting and Management Accounting ii. Differentiating between Cost and Management Accounting and Financial Accounting iii. Discussing the role of Cost and Management Accounting and service industries 2. ACCOUNTING FOR MANUFACTURING ENTERPRISES i. Flow of costs i. Cost
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CHAPTER 1 INTRODUCTION‚ OBJECTIVES AND OUTLINE OF THE THESIS -49- -50- Abstract As marine environments are under increasing anthropogenic pressure‚ there is a need for decision support systems (DSSs) and management tools that allow to tackle some of the environmental problems associated with this pressure and to allocate the different uses in a sustainable way. Most marine management tools are built around the Driver-Pressure-StateImpact-Response (DPSIR) framework‚ where indicators
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PEST analysis template Other than the four main headings‚ the questions and issues in the template below are examples and not exhaustive - add your own and amend these prompts to suit your situation‚ the experience and skill level of whoever is completing the analysis‚ and what you aim to produce from the analysis. Ensure you consider the additional PESTELI/STEEPLED headings‚ and any others you feel are relevant‚ but avoid building these into the final analysis model unless you gain some strategic
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uberrimae fidei. S.35 dissolution. If not acting in good faith then the court can dissolve the partnership. S.28 duty to disclose‚ bond to render true account of all things affecting the partnership to any partners or their legal representatives. Law V Law [1905] – After the sales agreement there is a partnership asset that was not hidden from the account. But W had lost the right to avoid the contract as he takes the money while knowing disclosure had not made. Held: the
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GLOBAL AUDIT LEARNING AND DEVELOPMENT IAS 21 – The Effects of Changes in Foreign Exchange Rates AUDIT © [year] [legal member firm name]‚ a [jurisdiction] [legal structure] and a member firm of the KPMG network of independent member firms affiliated with KPMG International‚ a Swiss cooperative. All rights reserved. Printed in [country in which the publication will be printed]. FOR INTERNAL USE ONLY 1 Learning objectives ♦ Describe the definitions as per IAS 21 ♦ Examine and Assess how foreign
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Anugerah Perfume 1.0 EXECUTIVE SUMMARY “Anugerah Perfumes” (www.anugerahperfumes.com) manufactures and distributes high-quality perfumes across the world. The company is now moving aggressively into the African market using a strategy similar to MLM schemes. The PR executive would be responsible for ensuring this strategy is a success. Since the beginning of recorded history‚ humans have attempted to mask or enhance their own odor by using perfume‚ which emulates nature’s pleasant smells. Many natural
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Present SKILLS AND CAPABILITIES: Oriented in Microsoft Office applications such as: -Microsoft Office Word -Microsoft Office PowerPoint -Microsoft Office Excel Knowledge of accounting principles and accounting systems Familiar with all the laws‚ standards‚ rules and regulations in the field of accounting Able to do my task effectively and efficiently. REFERENCES: Ms. Rosalita P. Samoy‚ CPA‚ MBA San Sebastian College Recoletos de Cavite Dean‚ College of Accountancy‚ Business Administration
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Chapter-1 MANAGERIAL ECONOMICS Multiple Choice Questions 1 Which of the following is a characteristic of a perfectly competitive market? a. Firms are price setters. b. There are few sellers in the market. c. Firms can exit and enter the market freely. d. All of these 2 If a perfectly competitive firm currently produces where price is greater than marginal cost it a. will increase its profits by producing more. b. will increase its profits by producing less. c. is making positive economic profits
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