This article discusses a theory about the creation of Antartica‚ which rapidly formed about 35 million years ago‚ this has been a source of contention and mystery in the scientific world. There are two major theories concerning the continents creation. The first suggests due to gradually declining carbon dioxide levels 66 million years ago‚ cooler temperatures near the poles allowed ice sheets to form. The second theory states that the dramatic deepening of the Drake Passage caused an extreme
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Capital Cash Flows: A Simple Approach to Valuing Risky Cash Flows Richard S. Ruback* This paper presents the Capital Cash Flow (CCF) method for valuing risky cash flows. I show that the CCF method is equivalent to discounting Free Cash Flows (FCF) by the weighted average cost of capital. Because the interest tax shields are included in the cash flows‚ the CCF approach is easier to apply whenever debt is forecasted in levels instead of as a percent of total enterprise value. The CCF method retains
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There are two major differences incorporated into Peter Shaffer’s play Amadeus and Shaffer’s own film of the same play. The logic for these differences is because a play can be viewed as a fantasy‚ whereas‚ a film must draw in its viewers by making the film seem as if it actually happened. The first difference is that in the play Salieri is seen confessing to the audience and during the film the scene is taken place in a mental hospital confessing to a priest. Moreover‚ the second major difference
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Strengths and Weaknesses Communication is essential in my life if I am going to have successful relationships with my family‚ friends‚ and co-workers. When I think of communication I think of all the ways in which I express myself to those around me. Communication could mean a phone call‚ letter‚ e-mail‚ face to face conversation or simply snuggling up on the couch to watch a good movie. There are ways in which my communications skills are powerful‚ and other times when I feel as if I should place
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THE INFORMATION OF CASH FLOW‚ EARNINGS AND SIZE OF FIRM ON ABNORMAL STOCK RETURN AT MANUFACTURING COMPANY LISTED IN I NDONESIA STOCK EXCHANGE Nurhidayah Djam’an*‚ Gagaring Pagalung‚ Tawakkal Email *): nurhidayah_jaman@yahoo.com ABSTRACT The aims of the research are to find out (1) the influence of cash flow from operational activities on abnormal stock return‚ (2) the influence of cash flow from investment activities on abnormal s tock return‚ (3) the influence of cash flow from financing
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The 1950’s A typical 1950’s family was nothing like the ideal family in today’s generation. Back then a typical family was a mom and a dad and several children. This is nothing like the current generation‚ where there are pregnant 16 year olds who think its ok to get pregnant out of wedlock because they see that on television. Everyone sat down to a home cooked meal together‚ unlike today where both men and women go to work and so they wind up eating something quick. Shows like “Leave it to Beaver”
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I. INTRODUCTION Statement of Cash Flow (Cash Flow Statement) describes the changes in the cash position of a company during specific period of time. In business as in personal finance‚ cash flows are essential to solvency. Solvency can be described as the degree to which the current assets of an individual or entity exceed the current liabilities of that individual or entity. Cash flow is crucial to an entity’s survival. Having ample cash on hand will ensure that creditors‚ employees and others
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Abstract Cash management is one of the most important function in any organization. The main aim of any organization is to increase profits as well as maximize the wealth of the shareholders. The resultant cash should thus be managed in the best way possible. The following research paper will explore the various cash management theories that are employed in the Kenyan multinational companies whether and whether they have been effective or not. In addition the research paper will also provide informed
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Profitability Ratios: How Profitable is the Company? Net sales/Net profit after taxes The information necessary to determine a company’s profit as a percentage of sales can be found in the company’s income statement. 1. Magnetronics’ profit as a percentage of sales for 1999 was $1‚307 divided by $48‚769‚ or 2.68%. 2. This represented a decrease from 3.6% in 1995. 3. The deterioration in profitability resulted from a decrease in cost of goods sold as a percentage of sales‚
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Mu.5.4 Develop and implement policies and procedures to support the safeguarding of children and young people 1 Understand the impact of current legislations that underpins the safeguarding of children and young people. 1.1 Outline the current legislation that underpins the safeguarding of children and young people within own UK home nation. The current legislations for safeguarding children are: The United Nations Convention on the rights of the child 1989 (UN 1989) was ratified by the UK on the
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