CHAPTER 12 QUESTIONS 12-1 Operating leverage affects EBIT and‚ through EBIT‚ EPS. Financial leverage generally has no effect on EBIT—it only affects EPS‚ given EBIT. 12-2 Because Firm A has a higher fixed operating costs‚ its operating income will change by a greater percentage than Firm B’s operating income if sales change. Firm A has a higher degree of operating leverage than Firm B. 12-3 If sales tend to fluctuate widely‚ then cash flows and the ability to service fixed charges
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catabolised completely into carbon dioxide and water. After exercise has stopped‚ extra oxygen is required to metabolise lactic acid; to replenish ATP‚ phosphocreatine‚ and glycogen; and to pay back any oxygen that has been borrowed from haemoglobin‚ myoglobin‚ air in the lungs‚ and body fluids. The additional oxygen that must be taken into the body after vigorous exercise to restore all systems to their normal states is called oxygen debt The need for oxygen to replenish ATP and remove lactic acid
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Mr. Tolaramer ENG 1111 September 9‚ 2011 How People Fall Into Debt In today’s financially demanding society‚ it is unfortunate that some people find themselves having to pay off large sums of debt. It can be a mentally stressful situation. There are many different circumstances as to why people accrue debt. Some struggle with financial discipline and personal responsibility. While others who are more responsible‚ can still succumb to debt if they suffer a sudden job loss and can’t meet
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political‚ economic‚ socio-cultural‚ technological‚ environmental (ecological) and legal forces surrounding the firm as outlined by . We will look into these in detail below: Political environment The political environment under which a firm operates has key impact on the performance of a firm. Political issues that touch on a firm’s operations include regulations‚ de-regulations‚ tax policy including rates and incentives‚ trade control‚ import restrictions‚ tariffs‚ competition regulation‚ laws governing
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Smith 1 Valentina Smith Instructor Robert Yarbrough ENGL 1301 Expository English Composition 26 Sept. 2012 “How I learn the skill to cook Italian Food” Narrative Essay #1 My interest on learning to cook Italian food started at a very young age‚ I was only 6 years old. I used to spend hours watching my mom cooking in the kitchen. The intense smell of onions‚ garlic‚ and olive oil would fill the room and compose a visualization of love. The creations my mother
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Effects of devaluation of a sterling pound on business in UK Introduction Devaluation is the reduction of a country’s currency compared to that of other countries. It makes the domestic currency less valuable and reduces its power of exchange against foreign currencies and can thus buy a smaller amount of foreign currency (Isard‚ 1995). This consequently reduces its real value. Devaluation has both negative and positive economic implications (Edwards‚ 1989). According to Ghosh‚ Gulde‚ and Wolf
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people napped? If you don’t get enough sleep you will get into sleep debt. According to sources #1‚ one effect of sleep debt is that people have trouble remembering things. Most people are in sleep debt. Although there are claims that a person cannot offset the effects of sleep debt‚ they are untrue. The first reason naps are generally shipshape for people is they help people know what they are doing. Source 1 discusses how naps give a brief increase in people’s brain abilities. The article goes
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Amber Burgermeister Development of the Madrigal Essay The madrigal became popular and started developing effectively by Pieto Bembo‚ an influential Italian poet‚ because he was striving for a different and more heartfelt way of singing poetry. His idea was that the text should reflect in the music on a deeper level‚ hence the concept of “word-painting” and also madrigalism. Madrigals were often written about pastoral or mythological ideas. Also‚ they were mostly homophonic‚ with a common
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by witnessing him fall apart just at the sight of a little girl. As the scene continues and the girl begins to walk away the killer quickly gains his composure‚ begins whistling his tune and walks off-screen letting the viewer know that a new chase has begun.
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Technological progress has made us lazy. Technological progress is a continuous process‚ which plays a very important role in our daily lives. However‚ some people believe that this progress has made us lazy‚ saying we rely on machines too much. For me‚ the progress‚ while not making us lazy‚ makes human beings more active both physically and mentally. First of all‚ machines or high technology don’t help people do less work but help them complete tasks more quickly. With washing machines‚ vacuum
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