Case #33 California Pizza Kitchen Synopsis and Objectives This case examines the question of financial leverage at California Pizza Kitchen (CPK) in July 2007. With a highly profitable business and an aversion to debt‚ CPK management is considering a debt-financed stock buyback program. The case is intended to provide an introduction to the Modigliani-Miller capital structure irrelevance propositions and the concept of debt tax shields. With the background of a pizza company‚ the case provides
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California Sutter Health Sharon Bauer ACC 281 Christopher Stevens October 8‚ 2012 Imagine a business that could not properly handle its debts or collections. Now imagine that this same business never had real-time information to analyze‚ make important financial decisions‚ or could not set any benchmarks and received all information 30 days late. Do you think this business could survive? The answer is yes‚ in this paper we will discuss California Sutter Health which was in that situation
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Recently‚ in the United States‚ there has been a major water shortage due to the lack of rainfall. It is mainly in California and other Western states. According to the U.S. Geological Survey‚ “In 119 years of recorded history‚ 2013 was the dries calendar year for the state of California.” California’s snowpack usually provides about one-third of the water used in Californian farms and cities. In January 2014‚ it measured in at 12%. The water shortage has had many effects of people‚ farming‚ and
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California Milk Advisory Board Real California Cheese The “Happy Cows” campaign has been so successful because it gives people the reassurance of where there cheese is coming from. By labeling products that use California Cheese‚ it gives the people of the images in their commercials of happy cows on rolling plains enjoying their life. Today many animals are caged‚ mistreated‚ and hormone injected‚ so the commercials used in the campaign help give people the image that these California cows
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Charles Horton Cooley and the Symbolic Interactionism Theory Should we associate the abandonment of ‘self’ with symbolic interactionism? Do you feel the need to ‘change your stripes’ to fit in with society? ‘An individual is an abstraction unknown to experience‚ and so likewise is society when regarded as something apart from individuals.... Society and individuals do not denote separable phenomena‚ but are simply collective and distributive aspects of the same thing…’ (Thomas Francis O ’Dea)
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The last time I was at the California Academy of Science Museum in Golden Gate Park‚ we all had to hold hands while the teacher led us through the halls of this great museum. Yes there was that huge‚ (scary)‚ dinosaur skeleton in the lobby‚ there were hundreds of different fish I had never seen in my local pet store‚ and the diorama’s in the African Hall were so realistic we thought for sure the Zebras had moved! The little girls screamed as I shouted "THERE!" and pointed at one of the Zebras. For
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Proposition 8 California Proposition 8 (California Marriage Protection Act) was a state-wide ballot proposition passed in the November 4‚ 2008 state election that made same sex marriage illegal in California. The vote which won by 52% adds exactly 14 words to the California State Constitution‚ "Only marriage between a man and a woman is valid or recognized in California." To qualify for the ballot‚ Proposition 8 needed 694‚354 valid petition signatures‚ equal to 8% of the total votes cast for
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There was a race car driver named Jeff .He took a vacation at California beach because he was injured and out of races for a few days and when he was driving on the beach he hit Something. the impact flattened his tire.jeff went to the mechanic and got a new wheel for his car. Jeff went back to see what he hit and it was a piece of metal sticking out of the ground. Jeff went to his friend’s house. He wanted his friend to come help him and bring a shovel‚and his friend said why‚jeff said
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Did you know that nearly 5.5 million people‚ over 1 million seabirds‚ and 100‚000 sea mammals die each year due to pollution? California itself has 21‚000 annual deaths caused by air pollution. Pollution makes up 40% of all the deaths caused worldwide. This is why I believe that we should keep our environment clean. Reducing pollution can lower death rates and reduce our risks of global warming. People should reduce their pollution causing habits to lower death rates. Several people are dying each
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for an effort to improve the employment or educational opportunities of minorities. Today‚ there are many cases on education and employment that were won and lost simply because of affirmative action was on or against their side. In the 1954‚ Brown V. Board case‚ where the court decided that racial segregation was declared “inherently unequal” in public schools. Moreover‚ as this case didn’t really accomplish its
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