2004 1. Weighted average cost of capital for Marriott Corp. The WACC is calculated using the formula: This uses the underlying assumption that the debt-equity ratio for the firm remains constant. In Marriott’s case the corporation’s target leverage ratio based on interest coverage target is set at 60% as taken from Table A. The WACC for the whole firm represents the average cost of capital of the firm’s underlying operating structure. To use this WACC it must be assumed that the cost of capital
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Coastal and Marine Degradation Coastal degradation Many beaches around the world are polluted by industrial and household waste. Rubbish of all kinds such as plastic bags‚ drink cans and bottles end up on the beaches. Many factories have been built along the coast so that they can dump their waste straight into the ocean. (http://www.skwirk.com) Causes and Effects of Coastal Degradation (http://wwf.panda.org) 1. Excess amount of sediments -many large rivers along the coast of the ecoregion
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Section 1: The definition of marine protected area varies with people‚ and in reality‚ it is a term used globally to describe an area of sea especially dedicated to the protection‚ coupled with maintenance of biological diversity‚ and of natural and associated cultural resources‚ and managed or reserved by legal or other effective means to protect part or all of the enclosed environment. In the U.S.‚ MPAs span a range of habitats including the open ocean‚ coastal areas‚ inter-tidal zones and estuaries;
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The Peace Corps‚ established by President John F. Kennedy‚ operates as an independent agency within the executive branch of the U.S. government. The purpose of the Peace Corps is to assist in the development of underprivileged nations through volunteer service. Since the formation of the Peace Corps in the 1960’s‚ the organization’s popularity has increased with younger generations. Peace Corps volunteers are currently serving around the world in countries on all seven continents. In addition‚ the
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The conviction of a Royal Marine for murdering an injured Afghan insurgent should not "besmirch" the organisation‚ Prime Minister David Cameron has said. Speaking to marines at Downing Street‚ Mr Cameron said the "appalling" case in no way represented the spirit and proud history of the Royal Marines. The sergeant‚ identified only as Marine A‚ was convicted over the shooting of the unknown man in 2011 on Friday.The conviction of a Royal Marine for murdering an injured Afghan insurgent should
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Meli Marine 1. Overview Meli Marine is a leading player in the container shipping industry on intra-Asia routes and has built a strong presence in the market and demonstrated very high operating margins and operating ROA from 2002 – 2007 compared to its main competitors. As Meli Marine’s CEO‚ David Tian seeks to steer the company towards expansion in 2008‚ with an option to acquire 16 vessels from Teeh-Sah Holdings. With these ships‚ he plans to expand to the trans-Pacific market. However‚ we believe
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Serving People in Need Globally Peace Corps is a well-known international service organization of the United States. Peace Corps sends American volunteers overseas to take on demanding needs of people around the world. Peace Corps volunteers work at the grassroots level toward sustainable change that lives on after their service while becoming global citizens and serving their country. When Peace Corps volunteers return home‚ they bring their knowledge‚ experiences‚ and a global perspective that
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West Marine Case Summary West Marine‚ a large boating and fishing retailer with over 300 stores in North America with more than 50‚000 products is planning the acquisition of BoatU.S. and the subsequent integration of the two supply chains. Although the management of West Marine has made significant progress in the implementation of CPFRprinciples over the six years since the E&B Marine acquisition‚ there are still qualms about how well the current Supply Chain and planning process can incorporate
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9-709-466 REV: DECEMBER 8‚ 2009 DAVID B. YOFFIE RENEE KIM HTC Corp. in 2009 Peter Chou‚ HTC Corp.’s Chief Executive Officer‚ returned to Taiwan with a sense of exhilaration and pride from Mobile World Congress 2009‚ the world’s leading exhibition for mobile phones. HTC generated a buzz for revealing two new handsets‚ as well as surprising the world with the announcement of HTC Magic‚ the second phone that ran on Google’s new mobile platform‚ Android. As Chou claimed‚ “We got lots of press
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Easy Corp was awarded a five year contract to provide program office support to a government agency. In the first year of the contract‚ the enterprise has raised concern with the contracting officer’s representative (COR). Easy Corp has habitually submitted erroneous and often late invoices‚ as well as late and incomplete management reports. Moreover‚ both the COR and Easy Corp employees rarely see the program manager for the contract. The purpose of this paper is to identify the ramifications
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