have all that is necessary to live comfortable. The average American family has two cars. The husband drives a small two door coupe. He doesn’t need a big car since he only uses it to and from work. While the wife drives a four door sedan. She would need the spacious vehicle since she is the one who does the groceries and cares for the child most. The child in an American family home is a boy and about the age of five. He is adore by both is parents even though they cannot spend a lot of time
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Seaworld Cruelty Exposed How would you feel if you were stuck in a bathtub for your whole life? Killer whales stuck in seaworlds bathtub-like tank have to suffer with this for their whole life. In the documentary Blackfish‚ Seaworld’s cruiety to these beautiful creatures is exposed to the public hoping to stop people from visiting the theme park. It has convinced me for sure. Killer whales swim up to 100 miles a day in the wild. At seaworld‚ they can only swim in circles over and over during
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The average stock prices for each of the four years shown in Exhibit 1 were as follows: 1998 111/4 = 27.75 1999 163/4 = 40.75 2000 281/2 = 140.5 2001 91/2 = 45.5 a. compute the price/earnings ratio for each year. That is‚ take the stock price shown above and divide by net income per common stock-dilution from exhibit 1. 2001 (3‚417)/$ 0.27 = 12‚655.5 2000 (3‚379)/$0 .55 = 6‚143.63 1999 (3‚282)/$ 0.31 = 10‚587.09 1998 (3‚180)/$ 0.24 = 13‚250.00 b. Why do you think P/E has changed
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What is cost of capital? The cost of capital is the cost of obtaining funds‚ through debt or equity‚ in order to finance an investment. It is used to evaluate new projects of a company‚ as it is the minimum return that investors expect for providing capital to the company‚ thus setting a benchmark that a new project has to meet. Importance The concept of cost of capital is a major standard for comparison used in finance decisions. Acceptance or rejection of an investment project depends on the
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and Equi-marginal Utility Consumer behaviour theory tries to explain the relationship between price changes and consumer demand. Utility is a concept used to denote the subjective satisfaction or usefulness attained from consuming goods and services. This concept helps to explain how consumers divide their limited income / resources among different choices of goods and services that help attain them satisfaction (utility) The issue however is how we are supposed to measure utility and how the value
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Minimum of Two – Essay “Minimum of Two suggests that family can be both a blessing and a curse” In Tim Winton’s collection of short stories‚ ‘Minimum of Two’‚ family is a major‚ recurring theme. Winton displays his interest in exploring the idea of family within each story differently‚ containing the positive and negative influence that family has on the actions and emotions of the Nilsam family and his alternative protagonists
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Marginal Costing vs Absorption Costing Marginal Costing and Absorption Costing are methods which are often used to prepare profit statements‚ value inventory and assist in pricing decisions. The methods have some notable differences‚ which can be reconciled though. Absorption Costing absorbs all manufacturing/production costs into inventory valuation. These costs include direct material‚ direct labour‚ direct expenses‚variable production overheads‚ as well as fixed production overheads. On the
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Law of Diminishing Marginal Utility’ A law of economics stating that as a person increases consumption of a product - while keeping consumption of other products constant - there is a decline in the marginal utility that person derives from consuming each additional unit of that product. EXPLANATION This is the premise on which buffet-style restaurants operate. They entice you with "all you can eat‚" all the while knowing each additional plate of food provides less utility than the one before
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CHAPTER 11: THE COST OF CAPITAL LEARNING GOALS: 1. Understand the key assumptions‚ the basic concept and the specific sources of capital associated with the cost of capital. 2. Determine the cost of long-term debt and the cost of preferred stock. 3. Calculate the cost of common stock equity and convert it into the cost of retained earnings and the cost of new issues of common stock. 4. Calculate the weighted average cost of capital (WACC) and discuss alternative weighing schemes
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we can persuade them into not taking alcohol by knowing the risks first; a lot like warnings on smoke packages. Alcohol can have a big affect on the adolescent mind. The brain of a an average human being keeps developing to the age of adolescence; people believe that the brain stops developing at the age of adolescence‚ but in fact‚ the brain develops into the early 20’s. At the age of adolescence‚ the brain goes under remodelling and rewiring. The underdeveloped brain of an adolescent can suffer
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