There are a few factors for the purpose of having a crime-reporting program‚ other than just collecting crime statistics. One of the many reasons why crime-reporting is so important is because they can determine if any new programs‚ or new laws‚ or new techniques that were implemented are working to detect and / or to detour criminal activities. The benefits of a crime-reporting system is that it can help pin point what areas have them most types of crimes‚ to help develop and implement new ideas
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Documentary films and their representations of the Holocaust have served not only to speak their truth’ of the atrocities but also to document changing paradigms of social thought concerning Holocaust truth’. Holocaust History and its documentation: Theodor Adorno’s famous 1949 injunction that to write poetry after Auschwitz is barbaric’ is indicative of the initial approaches of documentary to the subject matter. The first documentary footage of the Holocaust was shot as Allied troops
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The Vietnam War was a war that the American military and government officials used the cooperative and strategic planning tools to fight. Each person involved in the war may have their own version and stories to tell about the war from the ground soldiers all the way up to the President. However‚ each participated in a mission driven‚ cooperative work environment with many different thinking styles. These styles included strategical thinkers‚ tactical planners‚ and logisticians. Each style played
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Based on the Contracts Act 1950‚ there are four ways to discharge a contract. The methods are performance‚ agreement‚ breach and frustration. Performance The general rule of performance defines that the performance must be strictly in accordance with the terms of the contract unless the parties have agreed otherwise. A promisor must be prepared to carry out his obligation at the time and place at which he has agreed to do so. Agreement A contract can be discharge by consent‚ under Section
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a) Explain and distinguish between the terms: Financial gearing Optimal capital structure Financial gearing: Financial gearing is a percentage of debt capital in the company’s capital structure. If company has high gearing that means a company borrow a lot debt capital. (Main text book). Optimal capital structure: The optimal capital structure for a company is one which offers a balance between the ideal debt-to-equity range and minimizes the firm’s cost of capital. b) Explain why the
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Value Cruncker Retrieved from on November 13‚ 2012 http://www.valuecruncher.com/static/dcf Wenk‚ D. (2006‚ August 16). Using an optimal capital structure in business valuation. Retrieved from http://www.kotzinvaluation.com/articles/capital-structure.htm weighted average cost of capital or wacc . (2012‚ November 13). Retrieved from http://www.istockanalyst.com/glossary/WACC
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www.sciedu.ca/ijfr International Journal of Financial Research Vol. 3‚ No. 4; 2012 Market Value of the Firm‚ Market Value of Equity‚ Return Rate on Capital and the Optimal Capital Structure Chao Chiung Ting Michigan State University‚ USA E-mail: tingtch7ti@aol.com Received: September 4‚ 2012 doi:10.5430/ijfr.v3n4p1 Abstract The firm should pursue both maximum return rate on capital and maximum return rate on equity simultaneously. Maximum return rate on capital is the primary goal for firms
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After studying this module‚ you should be able to: 1. Define the overall cost of capital 2. Calculate the cost of individual components of a firms’ overall cost of capital‚ cost of debt‚ cost of preferred stock and cost of equity 3. Calculate the firm WACC 4. Be able to define the term capital structure. 5. Explain the traditional approach to capital structure and the valuation of a firm. 6. Discuss the relationship between leverage and the cost of capital as originally set forth by Modigliani and Miller
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Capital Structure Generally‚ firms can choose among various capital structures in order to maximize overall market value of the company. It is proposed however‚ that Wrigley issues $3 billion in debt. According to the trade-off theory‚ the optimal capital structure does exist (Kraus and Litzenberger‚ 1973). The higher level of debt may increase both bankruptcy and financial cost that lead the firm to go or avoid bankruptcy. However‚ there are several advantages of raising debt capital. Firstly
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CHAPTER 13 CAPITAL STRUCTURE AND LEVERAGE (Difficulty: E = Easy‚ M = Medium‚ and T = Tough) Multiple Choice: Conceptual Easy: Business risk Answer: c Diff: E [i]. A decrease in the debt ratio will generally have no effect on . a. Financial risk. b. Total risk. c. Business risk. d. Market risk. e. None of the above is correct. (It will affect each type of risk above.) Business risk Answer: d Diff: E [ii]. Business risk
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