Socrates’s Ideal State and Political Philosophy Generally‚ why do people feel so disconnected to the political decisions made on their behalf by those who govern? In Book 7 of Plato’s Republic‚ Socrates outlines that this problem is not new and can be accurately shown in what he calls The Allegory of the Cave. The cave is a metaphorical situation whereby there are fictional prisoners in a fictional cave who only know the reality that is shown to them. According to Socrates‚ the prisoners are an example
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Table of Contents Introduction .3 Section 1 .. .3 Section 2- Ratio Analysis ... 8 Table 1- Ratio Analysis for 3 restaurants ... ..8 Section 3- Vertical Analysis 9 Table 2- Vertical/Common Size Analysis ... 9 Section 4- Major Elements of Cash Flow .10 Table 3- Cash Flow Comparison for 3 restaurants ... ..10 Figure 1- Comparison of Net Income ... 11 Figure 2- Comparison
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collect their revenues from three different sources. Sales from company owned restaurants‚ royalties from franchised restaurants and royalties from a partnership with Kraft to sell CPK branded frozen pizza in grocery stores. CPK has a "dedication to guest satisfaction and menu innovation and sustainable culture of service." CPK has the lowest average bill cost of any other casual dining restaurant‚ of $13.30 per guest. Their menu has very few choices‚ but the choices that are offered are of high quality
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partnership with Kraft Foods in which they sell frozen pizzas in grocery stores under the California Pizza kitchen name. CPK also has developed a quick “grab and go” restaurant called ASAP which are located mainly in airports and malls. However‚ they have halted expansion of this in order to focus on international development of its main restaurant. With the recent 10% share price decline‚ CPK management considers if it would be an ideal time to repurchase shares and potentially leverage the company’s balance
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drivers of value in your model? 4. What do you believe to be the value of American Greetings shares? Do you recommend repurchasing shares? California Pizza Kitchen What is the environment at CPK? What decisions does Susan Collyns face? What are the four explicitly considered alternatives? How does debt add value to CPK? Based on the analysis in case Exhibit 9‚ what is the anticipated
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California pizza kitchen which started in 1985 in California‚ USA. In the second quarter of 2007‚ CPK revenue increased 16% while comparable restaurant sales grew by 5%. Performing comparatively well against its competitors‚ CPK’s stock has been depressed recently falling to $22.10 in June. Hence the company has decided to buy back its shares to strengthen the market share prices of the California Pizza Kitchen (CPK). Susan Collins‚ the chief financial officer of California Pizza Kitchen is concerned about
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capital and the staying power. — Rick Rosenfield‚ Co-CEO‚ California Pizza Kitchen1 In early July 2007 the financial team at California Pizza Kitchen (CPK)‚ led by Chief Financial Officer Susan Collyns‚ was compiling the preliminary results for the second quarter of 2007. Despite industry challenges of rising commodity‚ labor‚ and energy costs‚ CPK was about to announce near-record quarterly profits of over $6 million. CPK’s profit expansion was explained by strong revenue growth with comparable restaurant
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Day 2 Reader This reader is meant to be used in support of the slides presented on Day2‚ not in lieu of. The states of processes Recap of Day 1 - The Process Behavior Chart Filters the noise of routine variation Helps predict the future behavior of the process Defines the Voice of the Process (Average and Limits) Strikes a balance between two mistakes: Interpreting noise as if it were a signal Failing to detect a signal when it is present Informs about what to expect from a process Helps
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service locations. CPK ’s strategy includes the opening of 16 to 18 new locations this year including the closing of one location. In the second quarter of 2007‚ revenue increased 16% while comparable restaurant sales grew by 5%. Performing comparatively well against its competitors‚ CPK ’s stock has been depressed recently falling to $22.10 in June making their P/E equal to 31.9 time current earnings. In comparison with BJ ’s Restaurants with a P/E of 48.9‚ CPK appears undervalued. CPK ’s direct competitor
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Pizza Kitchen (CPK) in 1985 in Beverly Hills‚ California. It is a casual dining‚ full service restaurant concept that specializes in gourmet pizzas with unique topping combinations. They operated 213 locations in 28 states and 6 foreign countries by the end of the second quarter of 2007. Almost all of the firms revenue come from company-owned restaurants sales (98.8%)‚ with only 1.2% coming from royalties generated by franchised restaurants and a partnership with Kraft Foods to sell CPK-branded frozen
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