A group of shareholders invested to set up a business called Binh Minh Co.‚ who trades Mobile phones. 1. 1/12 Invest to set up a business $8000 2. 1/12 borrow from B bank $5000 3. 1/12 paid in advance $1200 to rent a space in Dec and Jan. 4. 2/12 purchase equipment for $2100‚ useful life of 5 years‚ salvage value = 0. 5. 2/12 Purchase 100 mobiles for $50/unit‚ paid 60% in cash‚ the balance will be paid later 6. 3/12 Received $2000 cash in advance from customer
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Gung Ho The movie “Gung Ho” is about a Japanese automobile company called the “Assan Motors” beginning to do business in the United States where cultural problem occurs between the Japanese managers and American employees. In the start of the movie‚ Hunt Stevenson goes to Japan and asks the firm owners to re-open the auto plant. After a little persuasion by Hunt Stevenson‚ the Japanese owners agree to run the business in the United States‚ but make assurance that the company will be directed by
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Week 4 Discussion Questions By: Efrain Gonzalez FIN/370 June 26‚ 2012 Ghassan Rahal 1) What are main elements in calculating the cost of capital? How does an increase in debt affect it? How do you identify an organization’s optimal cost of capital? a) The main elements in calculating the cost of capital is the opportunity cost of all capital invested in an enterprise. b) An increase in debt affects it because the cost of debt capital is equivalent to the actual or imputed interest
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Chapter 4 Solutions 2. You have just won $10 million in the state lottery which promises to pay you $1 million (tax free) every year for the next ten years. Have you really won $10 million? No‚ because the present discounted value of these payments is necessarily less than $10 million as long as the interest rate is greater than zero. 3. If the interest rate is 10%‚ what is the present value of a security that pays you $1‚100 next year‚ $1‚210 the year after‚ and $1‚331 the year after
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Scottish Independence Pre-reading What do you know about Scotland? Use 5 minutes on writing down what you know about Scotland Comprehension 1. What are the arguments for Scottish independence? What are the arguments against? - they want to make their own decisions. The for is Scotland will become lot more independent. 2. Do you think it is solely an economic question? Why/why not? It is not only because of the economic‚ but it has something to do with it. There are a lot of cultural
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Reaction on Gung Ho movie When a Japanese automaker takes over a failed American auto plant‚ differences between American and Japanese work ethics threaten to close the plant. The local auto plant in Hadleyville‚ Pennsylvania‚ which supplied most of the town’s jobs‚ has been closed for nine months. Former foreman Hunt Stevenson (Michael Keaton) goes to Tokyo to try to convince the Assan Motors Corporation to reopen the plant. The Japanese company agrees‚ and upon their arrival in the U.S.‚
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This picture shows two of the five elements of "the fullness of time" theory. The Apostles along the sides represent that they played a big role for Christianity to expand everywhere on earth. Jesus in the middle of the sun represents that he started Christianity and sustains the life of this religion. The Messiah came at the perfect time and place between 10BC and 40AD. During this time period Christianity started from a Jew born from his virgin mother Mary. This was no ordinary Jew‚ this
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http://nymag.com/daily/intelligencer/2012/12/why-freak-out-about-instagram-privacy.html http://instagram.com/about/legal/privacy/ Analytics information: * We use third-party analytics tools to help us measure traffic and usage trends for the Service. These tools collect information sent by your device or our Service‚ including the web pages you visit‚ add-ons‚ and other information that assists us in improving the Service. We collect and use this analytics information with analytics information
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Melbourne – Albury/Wodonga Melbourne to Albury/Wodonga via Seymour‚ Benalla and Wangaratta MONDAY – FRIDAY Service No. Train/Coach Seating/Catering MELBOURNE (Southern Cross) North Melbourne Broadmeadows Craigieburn Donnybrook Wallan Heathcote Junction Wandong Kilmore East Broadford Tallarook SEYMOUR Service No. TRAIN/COACH Seymour Avenel Stn Euroa Euroa Stn Violet Town Stn BENALLA Stn Benalla Stn WANGARATTA STN Wangaratta Stn Wangaratta City Springhurst Stn Chiltern Stn Wodonga TAFE‚ Univ. WODONGA
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2.3. The Chi-Square Distribution One of the most important special cases of the gamma distribution is the chi-square distribution because the sum of the squares of independent normal random variables with mean zero and standard deviation one has a chi-square distribution. This section collects some basic properties of chi-square random variables‚ all of which are well known; see Hogg and Tanis [6]. A random variable X has a chi-square distribution with n degrees of freedom if it is a gamma
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