CHAPTER 10 Cash Flows and Other Topics in Capital Budgeting ANSWERS TO END-OF-CHAPTER QUESTIONS 10-1. We focus on cash flows rather than accounting profits because these are the flows that the firm receives and can reinvest. Only by examining cash flows are we able to correctly analyze the timing of the benefit or cost. Also‚ we are only interested in these cash flows on an after tax basis as only those flows are available to the shareholder. In addition‚ it is only the incremental
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Humans naturally have their own opinions and typically disagree on many topics. How does one make an argument more convincing? An effective way to persuade someone is to use rhetorical devices. For example‚ Federalist No. 10‚ primarily written by James Madison‚ uses a variety of rhetorical devices to argue that factions can threaten individual rights and liberties‚ especially those of the minority. The only way to address factions is by eliminating or controlling them. Madison promotes a republic
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Chapter 10: Analysis and Valuation of Privately Held Companies Answers to End of Chapter Discussion Questions 10.1 What is the capitalization rate and how does it relate to the discount rate? Answer: The terms discount rate and capitalization rate are often used interchangeably. Whenever the growth rate of a firm’s cash flows is projected to vary over time‚ the term discount rate generally refers to the factor used to convert the projected cash flows to present values. In contrast‚ if the cash
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Dr. Eidell October 24‚ 2014 Preparation and IR Analysis of 2-chloride-2-methylbutane Line Reaction Abstract The purpose of this experiment was to react 2-methyl-2-butanol with concentrated HCl in order to form 2-chloride-2-methylbutane. The hydrogen for the HCl make the -OH from the 2-methyl-2-butanol into a good leaving group because H2O is formed. The H2O leaves and Cl- is free to bond with the carbocation creating 2-chloride-2-methylbutane. The materials needed for the lab were an Erlenmeyer
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knowledge and skills personnel need at all levels of the organization. Control environment. Planning‚ executing‚ controlling‚ and monitoring and entity’s activity is what is used to develop an overall framework for an entity to meet its objectives. 2. General controls and application controls are established in the electronic data processing department. Control activities‚ IT should be independent and should not correct data submitted by user departments. 3. Management acts to reduce or eliminate
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ALL CBSE STUFF Class XI Chapter 10 – Straight Lines Maths Exercise 10.1 Question 1: Draw a quadrilateral in the Cartesian plane‚ whose vertices are (–4‚ 5)‚ (0‚ 7)‚ (5‚ –5) and (–4‚ –2). Also‚ find its area. 14 Answer Let ABCD be the given quadrilateral with vertices A (–4‚ 5)‚ B (0‚ 7)‚ C (5‚ –5)‚ and D (– 4‚ –2). Then‚ by plotting A‚ B‚ C‚ and D on the Cartesian plane and joining AB‚ BC‚ CD‚ and DA‚ SU M IT © 20 the given quadrilateral can be drawn as To find the area of quadrilateral
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CHAPTER 10 RISK AND RETURN: LESSONS FROM MARKET HISTORY 8. We will calculate the sum of the returns for each asset and the observed risk premium first. Doing so‚ we get: Year Large co. stock return T-bill return Risk premium 1973 –14.69% 7.29% (21.98% 1974 –26.47 7.99 –34.46 1975 37.23 5.87 31.36 1976 23.93 5.07 18.86 1977 –7.16 5.45 –12.61 1978 6.57 7.64 –1.07 19.41% 39.31% –19.90% a. The average return for large company stocks over this period was:
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Unit 10: Unit code: QCF Level 3: Credit value: Communication Technologies F/601/7264 BTEC in Computing 10 Guided learning hours: 60 Aim and purpose The aim of this unit is to ensure learners understand the communication principles of computer networks‚ know the elements of data communications systems and develop the skills to implement network communications. Unit introduction New and developing communication technologies are used within the business world to maximise productivity and
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Construction‚ smartphones helped them track employee breaks and find fuel-efficient routes to work sites. I would say that with a construction company higher revenues would allow them to buy better equipment possibly making each employee more productive. 2. The companies described in the case encountered a fair amount of resistance from employees when introducing smartphone technologies. Why do you think this happened? What could companies do to improve the reception of these initiatives? Develop two alternative
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Unit 10: Assignment 1 AD Disaster Recovery Planning Scenario To: IT Consultant We have an existing Active Directory environment‚ consisting of a main office with two DCs‚ three branch offices with one DC each and a fourth‚ smaller office with a Read-Only DC. We are evaluating our backup and restore strategy and are wondering which of the following solutions you might recommend for each individual environment? We want to minimize cost but maximize uptime. Which of the following would you
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