KEY POINTS: Chapter 20 Timeline 1453 – fall of Constantinople to Ottomans 1510 – Safavid conquest of Persia completed 1514 – Ottoman victory at battle of Chaldiran 1526 – Babur’s conquest of India 1701 – death of Aurangzeb‚ Mughal decline begins 1736 – Nadir Shah proclaimed sultan of Persia Terms‚ People‚ Events Ottomans – Turkic people who advanced from strongholds in Asia Minor during 1350s; conquered large part of Balkans‚ unified under Mehmed I; captured Constantinople in
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FIN-374C Financial Planning and Policy for Large Corporations Fall 2014 Getting Started Introduction to Valuation Major Investment Decisions Project Valuation Find growth potential inside the firm Enterprise Valuation Find growth potential outside the firm Dealing with Complexity Investment Evaluation Process Case Study: CP3 Pharmaceuticals Laboratories Inc. Valuation The objective of a firm is to create wealth by initiating and managing investments that generate future
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I. Reviving Religion A. ¾ of Americans still regularly attended church B. Alexis de Tocqueville said that Christianity held the greatest influence over Americans than anyone else C. Deists relied on reason rather than revelation D. Deists denied Christ’s divinity E. Unitarianism gained popularity in NE F. Unitarians believed god only existed in one being not in god the father‚ god the son and god the holy spirit G. Unitarianism was embraced by thinkers perturbed by the doctrine of Calvinism
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Page 43-44‚ Chapter 2 5. Klingon Widgets‚ Inc. Notes Current Assets purch cloaking 3 yrs ago for $6mil (book value) +Net Working Capital $215‚000 can sell today for 5.3m (market value) +Current Liability $900‚000 net fixed assets 3.2m =Current Assets $1‚115‚000 current liabilities 900‚000 net working capital of 215‚000 Book Value of Total Assets if liquidated all assets today = 1.25m = market value +Book Value
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decrease in supply‚ and the factors influencing the demand and supply. For example‚ the microeconomic concept analyzes why an increase in the number of pizza joints in one particular area would cause lower pizza prices in that area. PROBLEMS: The major economic problem is
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Basic Economic Problem Lord Robbins defines economics as a social science which studies between ends and scare means which have alternative uses. Ends- want Scare means- Limited resources Alternative uses- different Scarcity Humans being are greedy by nature. As such‚ there wants are unlimited or infinite. However the resources available in form of land‚ labour‚ capital and enterprise that are being use to produce goods and services are scare or unlimited. This give rise to the basic economic problem
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The Basic Economic Problem What Economics is really about Scarcity Economics is a social science that studies the allocation of scarce resources Scarcity – an unlimited demand for limited resources There simply isn’t enough to go around What are some of the resources that you have? Economic Roles In the economy‚ there are two roles that are played out PRODUCER – also called manufacturers‚ suppliers‚ or sellers. CONSUMER – also called buyers or users Which are you? From the Producers’ Perspective
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The Basic Economics Problem The highlighted sentence are copying from the textbooks Scarcity – the resources that are limited in supply so that people have to make choice to buy them. Free Goods - the resources that are unlimited in supply‚ like air and water on the earth. Economics Goods - the resources that are limited in supply and they are scarce. People have infinite needs and wants but there are limited resources on the earth‚ so that people have to make choice and have the trade-off
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Basic Derivative Problems 1. (Answers are in red) Select the family member who is offering the most diversification to the rest of the family. A. Dad works for General Motors C. Daughter works for Jiffy Lube 2. Assume that you purchase 100 shares of Jiffy‚ Inc. common stock at the bid-ask prices of $32.00-$32.50. When you sell the bid-ask prices are $32.50-$33.00. If you pay a commission rate of 0.5%‚ what is your profit or loss? A. $0 3. D. $32.50 loss B. $16.25 loss C.
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Ch. 20 Vocabulary List 1. Genetic engineering – The direct manipulation of genes for practical purposes. 2. Gene cloning - The production of multiple copies of a gene. 3. Restriction enzyme – A degrading enzyme that recognizes and cuts up DNA (including that of certain phages) that is foreign to a bacterium. 4. Restriction site – A specific sequence on a DNA strand that is recognized as a cut site by a restriction enzyme. 5. Recombinant DNA – A DNA molecule made in vitro with segments from
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