holding company in the world by revenue. In 2008‚ the company continued to set the pace for industry growth. Revenues as well as per-share earnings increased during this period. The company strengthened its position in key consumer segments and returned value to stockholders through two means – stock buybacks and strong dividends. Highlights of the company’s 2008 financial performance include consolidated revenues that were up more than 4% over the previous year‚ reported EPS growth at 11.3% to $2.16 per
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0.28 0.48 0.42 Target D/D+S Target D/S Levered Beta 74% 2.85 1.62 Costs of Equity: Rf Lodging MRP 8.95% 7.43% Beta Requity 1.62 21.02% Costs of Debt: Rf Lodging 8.95% Spread Tax rate Rdebt(1-T) 1.10% 0.44 0.0563 WACCs: Lodging Target D/D+S Rdebt(1-T) S/D+S Requity WACC 74% 0.0563 26% 21.02% 9.63% Page 1 Sales Weighted Levered Beta 1.56
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Risk – Free Rate 3% + Beta Coefficient .36 Market Risk Premium 8% Cost of Equity 5.88% + Risk - Free Rate 3.% Weighted Cost of Equity 3.52% X Percentage of Total Capital Supplied by Equity 60% + Before Tax Cost of Debt 5.66% WACC 5..00% Weighted Cost of Debt 1.53% Before Tax Operating Profit in % 100% After Tax Cost of Debt 3.83% X X After Tax Operating Profit in 67.6% 40% of Total Capital Supplied by Debt 40% - Income Tax Rate 32.4% Rate of Return of
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topic “Should the animals be used for scientific research”. It will evidently elucidate why it is malicious for the animals to be used as scientific research. Animals cannot be compared to humans when it comes to finding out what product or drug is competent for human to use‚ because animals and humans have different hormones. It is also been proven with the drug thalidomide‚ that even though it has been tested on thousands of animals it was not a good alternative for human choose. Should the animals
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Did you know all these things? The one I’m referring to is the animal—cat‚ rabbit‚ rat and so on which are widely and cruelly used in various kinds of scientific researches‚ and millions of them die every year. Every life created by god is equal. Bearing that in mind‚ a huge amount of people have been no-animal-testing users. They strongly propose that animals shall not be used in scientific researches. Experiment animals are protective walls of human beings’ health. They are routinely cut open‚
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Should animals be used for scientific research and experimentation? From ancient times‚ humans have relied on animals for their survival either as food (sheep‚ cow) or for competition (horses) and companionship (dogs). As humans became more familiar to their environment‚ they then also started utilizing animals for attainment of knowledge dating back to the days of the great physician Galen (129-200 AD)‚ who used animals to exhibit that arteries contain blood and not the air (qtd. in Giridharan)
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Tina Date: 11/29/2011 Animals should not Be Used for Medical Testing Nowadays‚ animals are used for medical testing which is hurtful and not necessary. Tens of millions of animals are used each year in federally and privately funded experiments. Do animals feel the same pain that human feel? How do we know that other humans feel pain? We all know that we ourselves can feel pain. We know this from the direct experience of stubbing toe on a chair‚ or having finger slammed in a drawer. So animals
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Should Animals be used in Scientific Research? Animal testing is a method of testing drugs and cosmetics on animals to predict the possible reactions on humans and to evaluate the products if they are safe for human use or not. While animal testing seems a beneficial practice‚ there is a hidden side that some people might not take in to consideration. Bentham “The question is not‚ "Can they reason?" nor‚ "Can they talk?" but rather‚ "Can they suffer?"” (‚ year). If animals can speak‚ only then
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Animals should be used in scientific research It’s commonly argued that animal testing has or hasn’t increased the average lifespan of humans by 23.5 years? Facts of Why animals are used in scientific research Over 100 million animals are used every year in the United States as models in biological and medical research to study human disease‚ injury‚ development‚ psychology‚ and anatomy and physiology. Research involving animals has played a vital role in virtually every major medical advance
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In this study‚ three different methodologies have been employed for the determination of 226Ra by means of liquid scintillation technique. The first one (referred to as "Rn-LSC-28" hereafter and the tables and figures) is based on the method of Prichard and Gessel (1977) and Cooper et al. (1988) and also used by Escobar et al. (1996)‚ Zouridakis et al. (2002) and Aleissa et al. (2012). In this procedure‚ 8 mL of each standard solution was transferred to a high density polyethylene vial‚ covered with
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