out their projects. If financial intermediaries did not exist surplus agents would not be ready to hold highly illiquid assets to finance borrowers. * Cost reduction is done by financial intermediaries as they are able to reduce costs which are associated with the buying and selling of financial instruments. Due to lower transaction costs financial intermediaries offer lower loan rates relative to direct financing. * Provision of payments system in modern times‚ financial intermediaries facilitate
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hospitals across several counties in one state. Household incomes and the cost of living are higher in urban than rural areas. The company‚ however‚ has set the same prices for pharmaceuticals and services in all of its hospitals. It has also paid the same salaries for doctors‚ nurses‚ and other professional staff throughout the state. Assumptions: We assume that both‚ prices and salaries are set according to the cost of living of the region they are set for. This in mind and since prices and
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reasons why our health is so expensive. Administrative Costs The number one reason our healthcare costs are so high‚ says Harvard economist David Cutler‚ is that “the administrative costs of running our healthcare system are astronomical. About one quarter of healthcare cost is associated with administration‚ which is far higher than in any other
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Medical Assistant | | | Purpose of Profession Medical Assistants help offices and clinics run smoothly. A Medical Assistant can work individually with a doctor. In a small office they tend to report directly to a physician‚ health practitioner or office manager. In a larger office they tend to specialized in a particular area and they report to department administrator or other operations management. Medical Assistants have administrative and clinical duties. Administrative duties
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2012 The town of Center Grove Should Center Grove become its own town? Or should Center Grove not become a town? This topic has been the center of much debate recently as can be seen by all of those signs in people’s yards. My neighbors on both sides of me have posted signs in the yards expressing their opinion on whether or not Center Grove should become a town. One neighbor has a sign in his yard that says “Vote YES”. My other neighbor has a sign that says “No for Center Grove”. The issue
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This report provides the latest asset allocations of Sweden HNWIs across 13 asset classes. The report also includes projections of the volume‚ wealth and asset allocations of Sweden HNWIs to 2017 and a comprehensive and robust background of the local economy. Scope • Independent market sizing of Sweden HNWIs across five wealth bands • HNWI volume and wealth trends from 2008 to 2012 • HNWI volume and wealth forecasts to 2017 • HNWI and UHNWI asset allocations across 13 asset classes • Insights
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start fitness classes for people above 55 years old. These fitness classes are conducted to provide a comfortable environment for people above 55 to promote exercising habits and healthy lifestyles. Second‚ our fitness center will have our own restaurant next to the fitness center specifically designed for the members. Our fitness center’s restaurant will provide low fat‚ low calorie‚ and high protein and fiber food specially designed for promoting healthy eating habits. Strategically‚ Our fitness’s
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Agency Costs of Free Cash Flow‚ Corporate Finance‚ and Takeovers Michael C. Jensen Harvard Business School MJensen@hbs.edu Abstract The interests and incentives of managers and shareholders conflict over such issues as the optimal size of the firm and the payment of cash to shareholders. These conflicts are especially severe in firms with large free cash flows—more cash than profitable investment opportunities. The theory developed here explains 1) the benefits of debt in reducing agency
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boxes of staples a year. The boxes cost $4 each. It costs $10 to order staples‚ and carrying costs are $0.80 per box on an annual basis. Determine: (A) the order quantity that will minimize the sum of ordering and holding boxes of staples (B) the annual cost of ordering and carrying the boxes of staples 2. . A service garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 percent of purchase cost per unit on an annual basis. Determine:
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Marijuana Legalization Marijuana should be legalized and taxed by the government because it has a low risk of abuse‚ and it can be used for many medical reasons. Prescription drugs kill about 100‚000 people in the world each year. Off the top of your head‚ do you know how many deaths are caused by using marijuana‚ either medically or recreationally? According to statistics‚ marijuana has not yet been recorded to be a cause of any death‚ ever. Not only are marijuana’s
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