Executive Summary: Calpine Corporation ’s Senior Vice President of Finance (S.V.P.) Bob Kelly and Vice President (V.P.) of Finance Robin Crabtree knew 1999 was going to be a difficult year. Chief Executive Officer (C.E.O.) Pete Cartwright had recently announced a bold ramp-up in Calpine ’s growth strategy‚ raising the 5-year target for generating capacity from 6‚300 to 15‚000 megawatts (MW). The financial requirements were formidable. Adding 12‚000 MW to Calpine ’s current 3‚000 MW electric generating
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Congoleum Corporation Executive Summary In valuing the target company Congoleum after an LBO by First Boston found the expected free cash flows generated by this firm from 1980 to 1984. These numbers were based on values provided in the case. From there‚ we employed the Adjusted Present Value method to discount these cash flows because we assumed that Congoleum was varying its Debt to Equity ratio during those years. We discounted these cash flows by the required return on assets that was in
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PART 1‚ COMPANY OVERVIEW: Company History Dick and Mac McDonald opened their burger stand in 1948 in San Bernardino‚ Calif. Under the guidance of Ray Kroc‚ a onetime milkshake-mixer salesman. Since the 1940’s‚ McDonald’s has built a loyal customer base by continually dedicating themselves to customer service and providing high quality fast food for its customers. McDonald’s franchises grew swiftly: by the end of the 1960s‚ there were more than 1‚000 across the U.S. The first international franchise
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(1.3) Goal of firm C M | Answer: a | MEDIUM | The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to | | | | | | | | | | a. | Maximize the stock price per share over the long run‚ which is the stock’s intrinsic value. | b. | Maximize the firm’s expected EPS. | c. | Minimize the chances of losses. | d. | Maximize the firm’s expected total income. | e. | Maximize the stock price on a specific target date. | (1.3) Corporate
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SUMMARY OF THE CASE This case discussed on the issue of choosing the most suitable performance measurement for MarineCorp Sdn. Bhd. and SURIA group of companies. MarineCorp is a wholly-owned subsidiary of SURIA group of companies. MarineCorp was the maritime solutions provider for SURIA; it regulates and enforces the Group’s policy on maritime activities‚ especially the vessel inspection and vetting on the vessels under SURIA. The company has two subsidiaries; the first one is Green Port Sdn. Bhd
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Femme Fatale For Immediate Release Contact: pll@dullhouserelations.com Dull Relations 412-715-2233 x2 412-715-2445 Female Rock Band Femme Fatale Releases long awaited debut album Which launches nation-wide tour Pittsburgh‚ PA November 1‚ 2012 – Femme Fatale‚ Pittsburgh based female rock band will release their debut album titled “I Hit a Boy.” The release of their album also launches their nationwide tour beginning
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Discuss any four types of police identification parade emphasizing on their respective merits and short comings. Police identification parade can be referred to as a situation whereby suspects believed to have committed a crime are presented or lined-up for witnesses to identify if indeed the one or group of persons who committed the crime is amongst the line-up. This method is used inorder to help the police confirm if indeed suspect did commit the crime. There are several ways in which police
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education has resulted in increased pressure on HR personnel to incentivize teachers. Over the last two centuries research shows varying degrees of initiation of merit pay. The 21st century has the pendulum swaying back toward the idea of finding a way to incent teachers for student achievement. Gratz ( 2005) discusses merit pay and performance pay being used synonymously and over a long period of time. The range of his study goes back to 1710 in England where children’s test scores in reading
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its violent plot and harsh language‚ one who understands it recognizes that these characteristics are only used to fit the time period‚ which is during the Great Depression. Undeniably‚ Of Mice and Men‚ written by John Steinbeck‚ presents literary merit and should remain in the high school curriculum. Admittedly‚ the novel shows the mistreatment of minorities; however‚ the characters that Steinbeck has created exhibit the value of friendship. Particularly‚ the main characters‚ George Milton and Lennie
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Marine Corps History On November 10‚ 1775‚ the Continental Congress passed a resolution stating that "two battalions of Marines be raised" for service as landing forces with the fleet. This established the Continental Marines and marked the birth of the United States Marine Corps. Serving on land and at sea‚ early Marines distinguished themselves in a number of important operations‚ including their first amphibious raid on foreign soil in the Bahamas in March 1776‚ under the command of the Corps’ first
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