A-3 (Coverage ratio) The firm in the two preceding problems also had $6 million of principal repayments during the latest 12 months. Its marginal tax rate is 40%. Calculate the debt service coverage ratio. Debt-Service Coverage Ratio = (EBIT + 1/3 Rentals) / (Interest Expense + 1/3 Rentals + Principal Repayments / (1 - T)) = ($30 + $15 / 3) / ($10 + $15 / 3 + $6 / (1 - 0.40)) = 1.40 A-4 (WACC with rebalancing) Nathan’s Catering is a gourmet catering service located in Southampton‚ New York
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Tham Synn Yi SE1 2) Traditions are rituals or beliefs that connect a culture with its past. Adults feel that it is very important to follow these established customs and cannot even imagine rebelling against them although they may be hurtful in some ways. Shirley Jackson explores this premise in her short story ‘The Lottery’ where the oldest man in the village had been taking part in the ritual of the lottery for the past 77 years and his insistence about the practicing of the tradition for a more
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Plan a night photo-shoot anywhere in the world. Tell me where you would photograph and what your subject would be. What considerations would you have to make in terms of the shutter speed and aperture? What challenges might the scene present (i.e.‚ artificial lighting‚ moving objects‚ etc.) If I had to choose the best place I would want to do a photot shoot at‚ it would have to be Two Lovers Point in Guam. Two Lovers Point is a beautiful cliff on the island that is frighteningly huge and a straight
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Texts are written in a way for it to appeal to the responders. The Author uses many different techniques‚ themes and chooses a writing style so that it can appeal to the audience. This is evident in the novel ‘We All Fall Down’ in which the author‚ Robert Cormier‚ tries to appeal to the audience. This can be achieved also by making the text relatable for responders and certain concepts within the book. Cormier’s use of themes in the book is one of the things which appeals to readers. He focuses
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Part 2: Commentary Text. Commentary text should be selectable using different means. The most obvious means of selection is by the use of a designated help button. When touched this will display a help screen to provide a means for the customer to seek assistance. Additionally‚ this should also be accomplished by clicking the mouse curser on an item or text that information is desired on. All of these means should result in the same basic effect. The commentary text used in the presenting
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Text messaging Pop culture is defined as commercial culture of popular taste. These are some of the categories music‚ fashion‚ movies‚ and trends or fads. One of the biggest trends among young adults today is text messaging and IMing. Young adults generally don’t leave home without their cell phones. Texting is a way for young adults to communicate when they aren’t able to talk to the person face to face. Many people argue that text messaging is a bad habit that pop culture has brought along‚ but
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overcoming both external and intrinsic barriers. The texts‚ “As You Like It’ by William Shakespeare and “An Imaginary Life” by David Malouf explores how these obstacles to acceptance can be diminished over time. – you may want to elaborate on the ideas of each text in the introduction! Also where is the introduction of the text type of each text? Where is the concluding linking statement to wrap up the introduction! You should have 2 related texts! Shakespeare demonstrates the abuse and corruption
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Kyle Warren AC0538219 SP 180.0.2 Principles of Public Speaking Assignment 7_07 Written Speech 4/5/2013 No Call or Text is Worth a Life Using a handheld cell phone could be one of the deadliest decisions you could make while operating a motor vehicle. The dangers and impact of using a cell phone while behind the wheel are numerous. One of the main reasons people still use their cell phones while driving is that there is no consistency in the laws across the country. Certain states have legislation
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more convenient by enabling us to communicate with others in a small amount of time. One of the most used functions on the cell phone is not the phone‚ but the instant text messaging. Who wouldn’t love such a quick‚ easy method of communication? Just flip open your cell phone‚ type in a quick “meet me @ 2 plz” and press send. Text messaging is an easy and discrete way of communicating with others‚ but it has its disadvantages and advantages. It is not a surprise why texting can cause so man problems
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Is "The Catcher in the Rye" a subversive text? From a deep study of the novel‚ I strongly agree that "The Catcher in the Rye" is a subversive text. From a continued study of the novel I strongly believe that the statement "The Catcher in the Rye is a subversive text which sought to undermine the moral fibre of post world war two society" is an accurate depiction of Salinger ’s novel. In the novel Holden expresses his dispassionate attitude towards war by claiming he is a " pacifist". I firmly
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