Exercise on Unit 2 – Theories of Capital Structure 1. Companies U & L are identical in all respect except that U is unlevered while L is levered. Company L has Rs. 20 Lacs of 8% debentures outstanding. Assume a. All MM assumptions are met b. Tax rate is 35% c. EBIT is Rs. 6 Lacs d. Equity capitalization rate of company U is 10% Find the following: a. Value of each firm according to MM approach b. Suppose Value of U is Rs. 25 Lacs and Value of L Rs. 35 Lacs. According
Premium Weighted average cost of capital Generally Accepted Accounting Principles Finance
The Structure-Agency Debate provides an understanding to the attitudes towards police work shown by Captain Louis de Koster as well as his actions in the extract from Altbeker’s (2005) The Dirty Work of Democracy. This short essay will depict how I understood structure and agency to be taking place in de Koster’s context. Structure is the one extreme position in the Structure-Agency Debate whereby it is believed that a person is shaped by different elements of society such as social institutions
Premium Sociology Discrimination Reverse discrimination
Capital Structure Stewart C. Myers The Journal of Economic Perspectives‚ Vol. 15‚ No. 2. (Spring‚ 2001)‚ pp. 81-102. Stable URL: http://links.jstor.org/sici?sici=0895-3309%28200121%2915%3A2%3C81%3ACS%3E2.0.CO%3B2-D The Journal of Economic Perspectives is currently published by American Economic Association. Your use of the JSTOR archive indicates your acceptance of JSTOR ’s Terms and Conditions of Use‚ available at http://www.jstor.org/about/terms.html. JSTOR ’s Terms and Conditions of Use
Premium Corporate finance Finance Stock market
Structure of the continuous improvement Matrix organization structure is a hybrid divisional and functional structure. As this company is starting to grow‚ using this structure will help it develop and manage well. The matrix structure allows for the benefits of functional and divisional structures to exist in one organization. The matrix organizational structure divides authority both by functional area and by project. In a matrix structure‚ each employee answers to two immediate supervisors: a
Premium Organizational structure
Caterpillar’s Organizational Structure Caterpillar is a corporation that designs‚ manufactures and sells diesel and natural gas engines‚ construction‚ and mining equipment. Since the year 1905 Caterpillar has been a corporation that has evolved by making significant improvements to its machinery by taking advantage of the available technology‚ and it has had the ability to adapt to the dynamic changes and demands of the construction industry. Many significant events have occurred in this business
Premium Corporation Corporate governance Management
Organization Structure simulation Organizational structure is the division of labor and the patterns of coordination‚ communication‚ workflow‚ and formal power that guide organizational activities. An organization’s structure reflects the company’s culture and power relationships and can establish new communication patterns and align employee behavior with the company’s mission‚ vision and goals. The organizational structure enables effective communication and smooth workflow‚ but organizational
Premium Organizational structure
Organizational Structure Corporations throughout the world utilize and recognize the effectiveness of an organizational structure. An organizational structure reflects the way an organization positions their employees and jobs that can be resulted in accomplishing the goals and direction of the company. Larger organizations benefit from these structures because of the multiple tasks that are presented‚ while smaller ones may find it unnecessary. Therefore‚ plan of actions are established to successfully
Premium Organizational structure
Introduction to organizational structure An organization structure refers to an arrangement of people‚ relationship and responsibilities in carrying out company activities to achieve goal. In addition it also can define as how a people in the organization are group together and to whom they report. Formal structure is needed for larger organization that decisions have to be made about the delegation of various tasks. In an organization structure clearly indicate and separate between the work activities
Premium Organizational structure
Lewis Structures and the Shapes of Molecules Pre-Lab Assignments: To be assigned by your lab instructor. Student Learning Outcomes: Learn how to draw Lewis structures. Learn how to draw Lewis structures for atoms which violate the octet rule. Learn how to use Lewis structures and VSEPR and to predict the shapes of molecules. Learn how to use the shape of a molecule to predict whether or not it is polar. Experimental Goals: The purpose of this lab is to learn how to draw Lewis
Premium Chemical bond Atom Electron
organization should have its own structure in order to operate efficiently. For an organization‚ the organizational structure is a hierarchy of people and its functions. The organizational structure of an organization tells you the character of an organization and the values it believes in. Therefore‚ when you do business with an organization or getting into a new job in an organization‚ it is always a great idea to get to know and understand their organizational structure. Depending on the organizational
Premium Organizational structure Organization