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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Fourteen-year-old super spy Alex Rider swings back into action in Point Blank‚ the second in the thus-far six-book series written by Anthony Horowitz. This time he’s matched against a South African madman‚ Dr. Grief‚ and his sadistic second-in-command‚ Mrs. Stellenbosch‚ who run an elite school high in the French Alps for trouble-making teenagers. For those who may not know who Alex Rider is‚ he was dragged into the spy business by his uncle’s murder in the first book‚ Stormbreaker. Alex lost
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POINT OF SALE SYSTEM FOR GOFER DRUGSTORE CHAPTER 1 THE PROBLEM AND ITS SETTINGS INTRODUCTION Technology became the fastest rising sector in the society. It is already a course in college because more and more people are becoming aware of its great help to human functions. Systems applications are being developed to minimize effort during transactions for personal use and at most to business purposes. Living in a complicated and rushed time‚ people go out and work to earn a living‚ too
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Prof. Tiso Urbanism Final Project Essay 12/13/12 Alternative Project for Hunters Point Hunters Point is a neighborhood on the south side of Long Island city in Queens. The East River waterfront defines the neighborhood through its amazing views of the Manhattan skyline. Hunters Point’s history is mainly based on its industry that is currently not as prevalent as it once was. Several problems for hunters point exist and need to be addressed in order for the neighborhood to meet its potential
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software and were very limited in function and communications capability. In August 1973 IBM announced the IBM 3650 and 3660 Store Systems that were‚ in essence‚ a mainframe computer packaged as a store controller that could control 128 IBM 3653/3663 point of sale registers. This system was the first commercial use of client-server technology‚ peer to peer communications‚ Local Area Network (LAN) simultaneous backup and remote initialization. By mid-1974‚ it was installed in Pathmark Stores in New Jersey
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is the role provided by break-even point and how would you calculate this point? * Please calculate break-even point in patient days under the provided contract. * What are the limitations of using break-even point and how would you incorporate this point with management strategic planning? Break- even analysis is a generally neglected credit risk assessment to ol. It is very useful in leaping proposal the business risk profile. Break-even is the point at which a business makes neither a
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The Importance of Point of View “Robert and the Dog” Point of view in a story is something I find extremely interesting‚ simply because of the obvious fact that every single one of us have our own way of seeing things. Every one of us has a different point of view. For instance‚ when it is raining outside‚ my first thought would probably express some sort of happiness. The majority of people in Norway‚ would‚ on the other hand‚ probably complain. It’s all about perception. Analyzing literature
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“The Tipping Point: How Little Things Can Make a Big Difference.” By Malcolm Gladwell. Malcolm Gladwell‚ the author of The Tipping Point‚ explores the phenomenon known as the tipping point. According to Gladwell the tipping point is the moment at which "an idea‚ trend‚ or social behavior crosses a threshold‚ tips‚ and spreads like wildfire". In other words‚ the point when an idea‚ trend‚ or behavior becomes an sensation to the world. Gladwell researches the behaviors of fashion
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cases on point shaving. When I was watching that movie "Blue Chips"‚ which is all about illegal college betting and buying athletes to come to their school‚ there was a scene involving the coach and the point guard regarding a point shaving incident three years ago. After the student was harassed by the coach he finally confessed saying‚ "We won the game‚ we just didn’t beat the spread. That’s only for those gamblers anyway". He has a point with what he said but that’s not the point. A lot of
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writing was a flowing paragraph of information that could be understood to the readers. Once I submitted my paragraphs to Write Point there were many helpful tools and suggestions to assist with my paper. Write Point pointed out that when that President should not be capitalized‚ unless part of a proper name or to mean the President of the United States. Another point made was that I was using more words than needed‚ A sentence as long as 50 or more words can be confusing because it can have logic
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