E1-5 The following information was taken from the 2006 financial statements of pharmaceutical giant Merck and Co. All dollar amounts are in millions. Retained earnings‚ January 1‚ 2006 $37‚980.0 Materials and production expense 6‚001.1 Marketing and administrative expense 8‚165.4 Dividends 3‚318.7 Sales revenue 22‚636.0 Research and development expense 4‚782.9 Tax expense 1‚787.6 Other revenue 2‚677.1 Hint: Prepare income statement and retained earnings statement
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of numbers and without any symbols (including $‚ %‚ commas‚ etc.). Enter all dollars without decimals and all interest rates in percentage with up to two decimals. Read the syllabus for examples.The points for each question are listed in parentheses at the start of the question‚ and the total points for the entire assignment adds up to 100. You are strongly encouraged to use spreadsheets. Refer to Note on Sample Cash Flow Template. Question 1 (5 points) The project with the highest IRR is always
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resistor placed in the tank is connected to a 120-V source‚ and a current of 10 A flows through the resistor when the switch is turned on. Determine how long it will take to vaporize all the liquid in the tank. Also‚ show the process on a T-v diagram with respect to saturation lines. Question 4: (20 points) Steam enters the condenser of a steam power plant at 20 kPa and a quality of 95 percent with a mass flow rate of 20‚000 kg/h. It is to be cooled by water from a nearby river by circulating
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References: Bousman‚ W.S. Studies of two-phase gas–liquid flow in microgravity. Ph. D. Dissertation‚ Department of Chemical Engineering‚ University of Houston‚ USA‚ 1994. Bousman‚ W.S.‚ Dukler‚ A.E. Studies of gas-liquid flow in microgravity: void fraction‚ pressure drop and flow patterns‚ in: Proc. of 1993 ASME Winter Meeting‚ New Orleans‚ LA‚ 1993. Cavallini‚ A.‚ Censi‚ G.‚ Del Col‚ D.‚ Doretti‚ L.‚ Longo‚ G.A.‚ Rossetto
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The global flow of silver managed to redefine the social structure in many societies‚ as well as dramatically altered the basis of the economy in many European and Asian countries. Despite the economic change that came from the mass production of silver and its use as a standard currency‚ the growth of the silver industry brought as much change socially and culturally as it brought economic transformation. Many people viewed the conversion to silver being the standardized currency as a huge hindrance
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Name: ******** Class: DME2 Title: Flow Measurement Date: 11/02/2013 Lecturer: Mr Higgins Summary: In this experiment many different meters were used to measure fluid flow rate; the orifice plate‚ the venture meter‚ the rota meter and the weigh tank. Each meter works by its ability to alter a certain physical property of the flowing fluid and then allows this alteration to be measured. The measured alterations are linked directly to the flow rate and these measurements are subbed in
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Research Seminar on Nomadic Computing 1 (13) Customised Applications for Mobile Enhanced Logic (CAMEL) Paulius Meskauskas (paulius.meskauskas@ntc.nokia.com) Research Seminar on Nomadic Computing Department of Computer Science University of Helsinki 1. ABSTRACT Taking the increasing competition of GSM networks into account‚ a standard was needed to enable competition between operators based on the services offered. ETSI has started in 1994 with the specification of Intelligent Network functionality
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The six steps are as follows: Awareness The customer becomes aware of the product through advertising. This is a challenging step‚ there is no guarantee that the customer will be aware of the product brand after they view the advert. Customers see many adverts each day but will only remember the brand of a tiny fraction of products. Knowledge The customer begins to gain knowledge about the product for example through the internet‚ retail advisors and product packaging. In today’s digital world
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----------------------- Pituitary Gland (Hypophysis) Located in the hypophyseal fossa of the sella turcica of the sphenoid bone Function of melatonin: Coordinates body activities with sleep-wake cycles Anterior Pituitary (glandular tissues) Adenohypophysis Small cone shaped gland located in the roof of the third ventricle of the brain Pineal Gland Produces amine hormone melatoin Thyroid-stimulating hormone (TSH) or thyrotropin Follicle-stimulating
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1st Assignment: The importance of the concept of cash-flow for the business finance Definition: Cash flow is the movement of money into or out of a business‚ an account or an investment. Normally‚ when the cash inflow is greater than the cash outflow it is a sign of a good financial situation because cash flow is essential for the survival of a business or even to any individual financial condition. If the company can meet its obligations and keep a healthy inflow of cash it has a healthy
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