Why EVA is better than ROI (ROCE‚ ROIC‚ RONA‚ ROA) and earnings‚ operating profit etc. Equity investors should earn on their capital a return far over risk-free interest rate in order to induce and maintain capital in the company Therefore earnings should always be judged against the capital used to produce these earnings Earnings can be easily increased simultaneously worsening the position of shareholders e.g. if more capital is poured into a company although the return on capital is 5% or less
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For other uses‚ see Experience (disambiguation). Experience as a general concept comprises knowledge of or skill in or observation of some thing or some event gained through involvement in or exposure to that thing or event.[1] The history of the word experience aligns it closely with the concept of experiment. The concept of experience generally refers to know-how or procedural knowledge‚ rather than propositional knowledge: on-the-job training rather than book-learning. Philosophers dub knowledge
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The sweet truth: Is honey better than sugar? Made by honey bees using the nectar of flowers‚ honey is a gorgeous amber fluid that has been used as a natural sweetener for countless centuries. Although honey is considered superior to sugar in terms of its nutritional value‚ the latter is still consumed over 40 times more. What’s spectacular about honey is that not only is it sweeter to sugar‚ it also comprises many trace elements and antioxidants required for the proper functioning of the body
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loads that act upon shafts that convey dynamic force‚ which is the primary application of bearings‚ is provided herein. 4.1 Load acting on shafts 4.1.1 Load factor There are many instances where the actual operational shaft load is much greater than the theoretically calculated load‚ due to machine vibration and/or shock. This actual shaft load can be found by using formula (4.1). Because the actual gear load also contains vibrations and shock loads as well‚ the theoretical load obtained
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Books ARE so Much Better than Movies! English H 10A 4 October 2013 Gette 1 English H 10A 4 October 2013
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I am a teacher During the first three weeks of our 2nd semester of the university‚ we were sent by our university professors for the big mission - to feel what it really meant to be a teacher. So my school practice held between 30.01-18.02. So let me tell you how did it passed what kind of feelings and admiration did it leave on me. First of all I’d like to mention that a teacher is a compass that activates the magnets of curiosity‚ knowledge and wisdom in the students. He is a visible angel showing
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“Imagination is more important than knowledge. For knowledge is limited to all we now know and understand‚ while imagination embraces the entire world‚ and all there ever will be to know and understand.” Book add pages Learn good and bad by mocking as children is way to be successful on a every day basis. Why Your Imagination is More Powerful than Knowledge By: Rodger Constandse Albert Einstein‚ who once said‚ "Imagination is more powerful than knowledge‚" was well known for his esteem of the
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trying to produce best medicaments‚ to discover new methods of cure. In our days‚ the mankind makes great leaps to perfection in medical sphere. However‚ we have a concern: Should country’s health budged be only appropriated for healing or it is better to assign more means for health training and preventative measures? - As for me‚ the answer is unequivocal. We certainly have to divert more funds for prevention. Undoubtedly‚ the progress of cure is a prime purpose to succeed. But‚ in addition‚ the
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It is generally used for the breaking of rules to gain advantage in a competitive situation. Cheating is the setting of reward for ability by dishonest means. And to fail is to repeat. There is a quote: “I would prefer even to fail with honor than win by cheating.” Sophocles. For example let’s take a Doctor: If someone becomes a doctor‚ and to pass his or her medical exams‚ that person cheated. And then in professional life that person has a patient waiting for the doctor‚ whereas the doctor
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The original intended purpose for a government system was to provide laws that would maintain a near peaceful society. However‚ since there are many people in the world with different point of views‚ there will be many debates regarding the use of the government to intervene with many aspects of society. The two most used terms that are very carelessly thrown around to categorize these points of views are liberalism and conservatism. Liberalism is the ideology of trying to reach equality with personal
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