1. How would you evaluate the capital budgeting method used historically by AES? What’s good and bad about it? Historically‚ the AES capital budgeting method primarily used the following assumptions: • All nonrecourse debt was regarded as good • Dividend cash flow were considered equally risky • Project was evaluated by the equity discount rate for the dividends from the project • A 12% discount rate was applied to all projects. The historical method is quite simplistic
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Introduction Strategic Capital Management‚ LLC is a hedge fund planning to make financial investments in Creative Computers and Ubid. Creative Computers sold approximately 20% of its Internet auction subsidiary‚ Ubid‚ to the public at $15 per share. Ubid’s stock price closed the first day of trading at $48‚ giving Ubid a $439 million market capitalization. On dec 9‚ Creative Computers had a market capitalization of $ 232 million (22.75 * 10‚238‚703 outstanding shares) whereas Ubid’s market capitalization
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Banc One Case Analysis Case Summary Banc One has a problem with the alignment of two of its important strategies: (1) rapidly acquiring profitable banks and (2) sustaining high returns while mitigating interest rate risk. Banc One has been very successful in acquiring banks‚ and much of this is done through the sale/transfer of Banc One’s stock. This strategy relies heavily on Banc One’s ability to maintain a high stock price. The second
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“Basic English”. Unit: “Clothes/Fashion/Style”. Theme: “Fashion victims”. Problem: Factors that make people buy things they don’t need. Factors that make people to look ordinary‚ like anybody else. Idea of the project: If someone wants to change the world by buying clothes it doesn’t work. It’s better to change his/her personality to be in harmony with others. While trying to be fashionable‚ people loose themselves and become fashion addicted (so called “fashion victims”). It’s better to dress
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Foster Fashion Design FETAC Level 5 Communications5N0690 Tutor: Caitriona Bale Contents 1. Introduction 2. Range of Occupations 3. Visual Merchandiser 4. Conclusion The Fashion Design Industry. Fashion design is the art of the application of design and aesthetcs or natural beauty to clothing and accessories. Fashion today is a global industry‚ and most major countries have a fashion industry. Fashion designers
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spring/summer 2015 fashion in Paris was demonstrated differently. Instead of models just stuting down the runway‚ they yelled things like “What do we want?!” out megaphones and held up picket signs that said “Women’s Rights are More than Alright” and “History is Her Story.” Fashion and feminism are incompatible. Throughout history fashion had always been a way to express women freely. Fashion has also helped women. Fashion is a business where women can take control in and be successful. Fashion has been a
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What are the Core Skills and Attributes Required to be a Successful Fashion Buyer? Craig Weighman ABSTRACT This study was carried out in order to explore the role of the fashion buyer and generate a greater understanding whilst also developing informed and insightful opinions on the key attributes required in becoming a successful fashion buyer in industry. The main findings were that the fashion industry is a highly competitive market place as much reliant on business flair and intuition as
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CHANGE OF FASHİON AFTER 1960 TO 2000 Fashion is defined as a style of dress that is popular during a certain time or era. It does not coordinate only towards clothing. It also coordinates hair styles‚ make-up and music. Each of these depends on the type of clothing chosen. Even though fashion reflects a person’s social class in old days‚ it has been reflecting personality for half a century. Music‚ TV programs and ideologies started to influence the people. We can tell a lot about a person by
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Fashion. A word that defines a world in itself. Fashion englobes everything surrounding our environment. There is fashion everywhere. From the pen that a person uses to write to the paper that is used to write on. But more than anything‚ fashion is about how we dress up and cover our bodies. Fashion is an art‚ a passion and a science. The art of transforming mere fabrics into clothing and fabulous creations. A passion that drives people to think out of the box and design garments that make our daily
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Fashion is essentially the most popular mode of expression: It describes the ever-changing style of clothes worn by those with cultural status. A fashion trend occurs when others mimic or emulate this clothing style. Fashions vary greatly within a society over time‚ but also are affected by age‚ occupation‚ sexual orientation‚ location and social class. Today‚ a fashion trend starts with fashion designers‚ who design a spring and fall collection based on cues and inspiration they’ve gathered throughout
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