Short-term interest expense= $625‚000 x 5% = $31‚250 Total interest cost = $31‚250 +$77‚500 = $108‚750 Earnings before interest and taxes = $200‚000 - $108‚750 = $91‚250 Earnings after taxes = $91‚250 – 30% = $91‚250 - $27‚375= $63‚875 b. As an alternative‚ Lear might wish to finance all fixed assets and permanent current assets plus half of its temporary current assets with long-term financing. The same interest rates apply as in part a. Earnings before interest and taxes will be $200‚000. What will
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Government Grants for Alternative Energy Research Jon Smith ENG 122 (ABE1135R) Mrs. Jane Smith 8 October 2010 Government Grants for Alternative Energy Research Energy sources play a crucial role‚ affecting just about every activity that societies do in every country around the globe. The role in the economic development of a region or country does not need emphasis; because of the greater effects‚ it exercises a huge influence. It is the
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think that it will affect the development is the new look that chapel street will have in the future‚ especially with the new Chapel street Masterplan that was just adopted by Stonington Council this week. Alternative Proposal The Fashionista Cove development is an alternative proposed development to the original development. The concept of The Fashionista is based on the youth of today and also integrating green concept into it. The Fashionista Cove development is a mixed-used development
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Through out recorded history‚ people of various cultures have relied on what Western medical practitioners today call alternative medicine. People use these treatments and therapies in a variety of different ways. The most common form of alternative medicine that is the most widely used is herbal medicines. Herbs have been used for thousands of years through out the world. There are records of the Egyptians using them in 1 600 BC‚ and scriptures that date back to the Yin dynasty in 1 500 BC (3)
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types (stocks‚ bonds and cash). Most alternative investment assets are held by institutional investors or accredited‚ high-net-worth individuals because of their complex nature‚ limited regulations and relative lack of liquidity. Alternative investments include hedge funds‚ managed futures‚ real estate‚ commodities and derivatives contracts. Definition of ’Hedge Fund’ An aggressively managed portfolio of investments that uses advanced investment strategies such as leveraged‚ long‚ short and derivative
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SECTION 3. - ALTERNATIVE OBLIGATIONS An alternative obligation is one wherein various prestations are due but the performance of one of them is sufficient as determined by the choice‚ which‚ as a general rule‚ belongs to the debtor. Right of choice‚ as a rule‚ given to debtor. GENERAL RULE: The right to choose belongs to the debtor/ obligor Except: When the right has been expressly granted to the creditor Right of choice of debtor not absolute. LIMITATION ON THE DEBTOR’S CHOICE (1) The debtor
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The Eden Alternative The Eden Alternative is a fascinating and relatively new philosophy that has had an enormous impact on nursing homes and long term care facilities across the country. Founded by Dr. William Thomas in 1991‚ the Eden Alternative has seen tremendous growth and expansion. Researching this topic I spent a lot of time on the Eden Alternative website reading about their philosophies‚ values‚ and principles. The Eden Alternative is a nonprofit organization that with the help of grants
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COMPLIMENTARY and ALTERNATIVE MEDICINE Ellen Hughes M.D. This article has brought to our attention the importance and popularity of alternative medicine in our lives today. The author gives us an idea of the number of people utilizing alternative medicine and the risks of doing so‚ as well as the cost. The author starts with a definition of alternative medicine and its gaining popularity today. This type of medicine is becoming more popular today because of the theory of treatment of the
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of time for their offenses. Their levels of security and prison design are more intense than the minimum security prisons. The effectiveness of prisons has decreased due to progressive overcrowding‚ and the lack of conclusive alternatives. The need for alternatives has grown immensely over the last decade. Nonetheless‚ the State and Federal governments are desperate for competent‚ less expensive solutions. Costs of keeping a prisoner imprisoned vary among states and facilities. Each prisoner
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THE STORY OF "GREENFREEZE" In the spring of 1992 Greenpeace brought together scientists who had extensively researched the use of propane and butane as refrigerants‚ with an East German company DKK Scharfenstein. The company had been producing refrigerators for 50 years and was the leading household appliance manufacturer in the former East Germany. After reunification‚ however‚ it faced severe economic problems and was due to be closed down. The meeting between the scientists and DKK Scharfenstein
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