Chapter 8 Discussion Questions 8-1. It is advisable to borrow in order to take a cash discount when the cost of borrowing is less than the cost of forgoing the discount. If it cost us 36 percent to miss a discount‚ we would be much better off finding an alternate source of funds for 8 to 10 percent. 8-2. Larger firms tend to be in a net creditor position because they have the financial resources to be suppliers to credit. The smaller firm must look to the larger manufacturer or wholesaler
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KFC Corporation v. Marion-Kay Company‚ Inc. 620 F.Supp. 1160‚ Web 1985 U.S. Dist. Lexis 14766 The Kentucky Fried Chicken Corporation (KFC) is the franchisor of KFC restaurants. KFC’s registered trademarks and service marks include “Kentucky Fried Chicken‚” “It’s Finger Lickin’ Good‚” and the portrait of Colonel Harlan Sanders. KFC grants licenses to its franchisees to use these marks in connection with the preparations and sale of “Original Recipe Kentucky Fried Chicken.” Original Recipe Kentucky
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choose? Q * Carl‚ a portfolio manager for the Alpine Trust Company‚ has been responsible since 2010 for the City of Alpine’s Employee Retirement Plan‚ a municipal pension fund. The plan board of trustees directed Karl 5 years ago to invest for total return over the long term. However‚ as trustees of this highly visible public fund‚ they cautioned him that volatile or erratic results could cause them embarrassment. Investment Performance | | Last 5 years | Last year | Time-weighted
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CHAPTER – 1 INTRODUCTION 1.1 INVESTMENT - INTRODUCTION MEANING: Investment is the employment of funds with the aim of achieving additional income or growth in value. The essential quality of an investment is that it involves "waiting" for a reward. It involves the commitment of resources‚ which have been saved or put away from current consumption in the hope that some benefits accrue in future. Broadly speaking‚ an investment decision is a trade off between risk
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Darlene Jespersen‚ Plaintiff-Appellant‚ v. Harrah’s Operating Company‚ INC.‚ Defendant-Appellee United States Court of Appeals for the Ninth Circuit April 14‚ 2006 Facts: Darlene Jespersen was a bartender at Harrah’s Casino in Reno in the sports bar. She was frequently praised by her supervisors and customers for being an outstanding employee. When Jespersen first started her job at Harrah’s the female bartenders were not required to wear makeup but were encouraged to. Jespersen tried to wear
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IRAC Outline by Team A Shoshone Coca-Cola Bottling Company vs. Dolinski The defendant appealed the decision by the State of Nevada Trail Court which awarded the plaintiff money for his physical and emotional damages after the plaintiff purchased and consumed part of a Squirt soda which contained a dead mouse‚ hair and dung in the Squirt bottle. In order to hear this case‚ the state of Nevada adopted the doctrine of strict liability (Cheeseman‚ 2013 p. 110). The Supreme Court of Nevada awarded
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his study investigates the relationship between saving‚ investment and economic growth for India over the period 1950-51 to 2007-08. The literature on the role of saving in promoting economic growth generally points to saving led growth. However‚ few studies show evidence for growth driven saving and some suggest no relationship. In theory‚ saving may stimulate economic growth‚ economic growth may also induce saving. This paper adds to the literature by analysing the existence and nature of these
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Bauwens‚ L. and V. Ginsburgh (2000)‚ “Art experts and auctions. Are pre-sale estimates unbiased and fully informative?‚” Louvain Economic Review‚ 66‚ 131-144. [4] Chossat‚ V. and O. Gergaud (2003)‚ “Expert opinion and gastronomy: the recipe for success‚” Journal of Cultural Economics‚ 27‚ 127-141. [5] Combris‚ P.‚ S. Lecocq and M. Visser (1997)‚ “Estimation of a hedonic price equation for Bordeaux wine: does quality matter?‚” Economic Journal‚ 107‚ 390-402. [6] Di Vittorio‚ A. and V. Ginsburgh (1996)
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MATHEMATICS OF INVESTMENT Simple Interest If you borrow a car from a car rental company or if you live in someone else’s house or apartment‚ you have to pay rent. Like paying rent for the use of a car or a house‚ you also have to pay rent for the money you borrowed. This is called interest. People like Marco earn by charging interest on loans. Banks earn most of their income from the interest that people pay for the amounts they borrow. How much interest one has to pay depends on three factors:
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REPORT) Saving-Investment Equilibrium Y = C + I Y – C = I S = I Saving is an outflow which gradually reduces the additional income that it generates. Therefore the circular flow model tells us that outflows like savings‚ taxes‚ and import expenditures must go back in the system in the form of investment‚ government expenditures‚ and export earnings. The saving-investment equilibrium further implies that increasing‚ decreasing or maintaining the level of investment expenditure will
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