Characteristics of Corporations Corporations represent an important type of organization. Their unique characteristics offer advantages and disadvantages. Advantages of Corporate Characteristics Separate legal entity: A corporation conducts its affairs with the same rights‚ duties‚ and responsibilities of a person. It takes actions through its agents‚ who are its officers and managers. Limited liability of stockholders: Stockholders are liable for neither corporate acts nor corporate debt
Premium Corporation Tax Taxation in the United States
Chevron Corporation What began as the Pacific Coast Oil Company on September 10‚ 1879 in San Francisco transformed into what is now Chevron Corporation‚ recently ranked 8th among the world’s top oil companies by Petroleum Intelligence Weekly in 2011‚ second among US oil companies behind ExxonMobil. The company has a market capitalization of over $204.9 billion. They have expanded into essentially every area of the energy industry‚ including exploring for‚ producing‚ and transporting crude oil and
Premium Petroleum Natural gas
Corporation by-Laws ARTICLE I Offices 1.1 Registered Office and Registered Agent: The registered office of the corporation shall be the same as listed on the articles of incorporation and at such place as may be fixed from time to time by the Board of Directors upon filing of such notices as may be required by law‚ and the registered agent shall have a business office
Premium Stock Corporation
Marriott Corporation: The Cost of Capital Simrith Sidhu‚ Amy-Jane Miocevich‚ Jacques Rousset‚ Jing Tao Task One: Marriott uses the Weighted Average Cost of Capital (WACC) to measure the opportunity cost for investments. WACC is calculated using the 1987 financial data provided in the Marriot Corporation: The Cost of Capital (Abridged) case study and estimators. WACC = Cost of Equity x (Equity/Debt +Equity) + Cost of Debt x (Debt/(Debt + Equity)) x (1 – Tax Rate) This method is applied for
Premium Investment Finance Net present value
Marriott Corporation: The Cost of Capital (Abridged) General Approach The company is split into 3 divisions Lodging‚ Contract Services and Restaurants. The WACC for each of the 3 divisions and then subsequently the entire corporation’s WACC need to be calculated. This will be done through calculating the WACC for each of the 3 divisions and then taking a weighted average of these 3 divisional WACC numbers to get the overall Marriott Corporation WACC. 1. Calculating the Beta a
Premium Marriott International Weighted mean Mathematics
e-cigarette battery may seem like it is a simple task. However‚ there are a few things you will need to know about charging your e-cigarette battery. Below is a list of things you should know about charging your e-cigarette battery: Use The Appropriate Charger You should only use a charger that was specifically designed for your battery. Even if a similar charger fits your e-cig battery perfectly‚ it may not charge your battery with the appropriate voltage. It may also not charge your battery at the
Premium Smoking Nicotine Tobacco
Case Study of McKesson Corporation Description of the company’s performance McKesson Corporation is one of the leading providers of health care products and services. When it comes to analyzing the external environment; the political‚ economic‚ social‚ technological (PEST) analysis shows that the environmental situation is favorable for the company. The environmental factors are giving the company a chance to succeed in its endeavor. In politics there is no direct problem that might affect the
Premium Health care SWOT analysis
Unit 1 Getting Started CHAPTER 1 Exploring the Writing Process CHAPTER 2 2 98576_01_ch01_p001-007.indd 2 Copyright © Cengage Learning. All rights reserved. Prewriting to Generate Ideas 12/15/09 3:23:42 PM CHAPTER 1 Exploring the Writing Process A: The Writing Process B: Subject‚ Audience‚ and Purpose D TEACHING TIP You might engage students in a discussion about the kinds of writing they already have done for college or work‚ as well as the kinds
Premium Writing process Writing Copyright
INDROCUTION Environgard formed in 1980 in the Chicago had dominated the air pollution scrubbing equipment market ever since the largest single product‚ the so2.A threat to their dominance to their scrubber market surfaced recently with the development of new type of scrubber that is both cheaper to purchase and more effective against air pollutants. So‚ Enviorongard decided to begin plant remodeling which needed approximately $34 million of new capital. Marcia Hellriegel‚ Vice president and controller
Premium Stock Stock market Balance sheet
ALPHA CORPORATION (Computer assembler) Operation management Group members NAME ID Parvez Kaisar 12-20783-1 Islam Md. Redwanul 12-20795-1 Shaneowaz‚ Md 12-20830-1 Hassan Mehdi 12-20166-1
Premium Supply chain management Inventory Supply chain