Journal of Hospitality Financial Management The Professional Refereed Journal of the Association of Hospitality Financial Management Educators Volume 8 | Issue 1 Article 1 1-1-2000 A Survey of Capital Budgeting Methods Used by the Restaurant Industry Robert A. Ashley Stanley M. Atkinson Stephen M. LeBruto Follow this and additional works at: http://scholarworks.umass.edu/jhfm Recommended Citation Ashley‚ Robert A.; Atkinson‚ Stanley M.; and LeBruto‚ Stephen M. (2000) "A Survey of Capital Budgeting
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Charles Loring Brace Founder‚ Children’s Aid Society New York City Beth Boersma University of Georgia SOWK 6011 Fall‚ 2010 Introduction Charles Loring Brace is recognized as one of the founders of child welfare reform in the United States‚ particularly in the area of foster care and adoption. His work was conducted in the nineteenth century in New York City‚ in the midst of one of the most prolific eras of change in U.S. history. This paper will describe and summarize Brace’s background
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Alison Nathanson Chapter 17 Internal Assessment http://www.nytimes.com/2010/04/05/business/media/05screen.html?scp=10&sq=movies&st=Search Branding Comes Early in Filmmaking Process By STEPHANIE CLIFFORD 717 words Monopolistic Competition is a market structure in which many firms sell products that are similar but not identical. It is a mixture between monopoly‚ which is a firm that is the sole seller of a product without close substitutes‚ and perfect competition‚ which is a market
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– rf) = 8.95% + (1.47)(7.43%) = 19.87% Cost of Debt rD = government bond rate + credit spread = 8.95% + 1.30% = 10.25% WACC = (1 - τ)rD(D/V) + rE(1 - D/V) = (1 – .44) (.1025)(.6) + (.1987)(.4) = 11.39% WACC for Marriott= 11.39% WACC for lodging division = 9.25% WACC for restaurant division = 13.84% WACC for Marriott’s contract division = 23.07% Market Value Leverage D/V Beta βs Tax Rate τ Unlevered Beta = βs / (1 + (1 – τ) D/E) Hilton 14.00 0.76 44.00 0.70 Holiday 79.00 1.35 44.00 0
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organizations for reinforcement. Police divisions all through the locale are attempting to keep up request and secure property. In the interim with such a large number of homes and structures harmed‚ the Governor is recognizing extra makeshift asylum and lodging‚ the state is working with FEMA‚ the Red Cross and other government offices like (EOC)* to make transitory safe
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Introduction: Industrial revolution took place in Europe in 1760. It gave momentum to the social and economical life of the people. The new concept of factory system provided by various physical and material amenities but adversely affected the Human Resources. Fatigue and Depression were the new diseased developed by this industrial phenomenon. J. B.Shaw‚ a great thinker in U.K in his famous Essay "where the wealth accu- mulates and the men decay" rightly pointed out mecha- nism of human talent
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hotel brands in the world. Not only are they globally known‚ but also they are also famous for never forgetting their customers. Introduction The hotel industry is a broad category of fields within the servive industry that includes lodging‚ restaurants‚ event planning‚ theme parks‚ transportation‚ cruise line‚ and additional fields within the tourism industry. The hospitality industry is a several billion dollars industry that mostly depends on the availability of leisure time and disposable
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ASSIGNMENT ON “GO GREEN CONCEPT IN HOSPITALITY INDUSTRY” Course: Housekeeping Management Go green concept: Few years ago when climate change really started to come into focus and people began to think how to protect our mother Earth and of the ways to create a sustainable hospitality industry‚ many hotels and resorts started their green programs being a first choice for many guests and travelers since last decade. Governments are also encouraging their people to go green while
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Table of Contents The characteristics and the attribution of Tourism industry in the World Tourism industry is one of the dynamic growth and largest industry in the world as the industry brings in large amount of income for many countries all over the world.The world tourism industry is leading by the United Nation agency called “UNWTO” United Nation World Tourism Organization since 27 September 27‚ 1980 ‚ organization includes 143 countries‚ 7 territories and some
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Environmental Implications of the Tourism Industry Terry Davies Sarah Cahill Discussion Paper 00-14 March 2000 Resources for the Future 1616 P Street‚ NW Washington‚ DC 20036 Telephone 202-328-5000 Fax 202-939-3460 Internet: http://www.rff.org © 2000 Resources for the Future. All rights reserved. No portion of this paper may be reproduced without permission of the authors. Discussion papers are research materials circulated by their authors for purposes of information and discussion. They
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