of traditional internal debt finance? PDVSA should think about financing the development of the Orinoco Basin by using project finance. The company (PDVSA) is looking forward to the financing of a public-private “chain” of deals between PDVSA and other foreign organizations that posses technological know-how‚ crude oil marketing capacity and creditworthiness‚ to develop the Orinoco Basin. This is good to them because this type of deal will allow PDVSA to keep its debt and cash capabilities‚ in
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Proposition II states that higher debt does not affect cost of capital of a firm. The reason is that the lower cost of debt is offset by a greater cost of equity‚ which means investors demand a higher return on equity as a result of the higher risk coming with more debt‚ that holds the firm’s cost of capital unchanged. Based on the above proposition‚ moderate borrowing may not increase the return on equity. It is suggested that the firm’s capital structure (proportions of debt and equity) is irrelevant
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Facts vs. Imagination Facts are facts; they will not disappear whereas imagination will change as human being goes through different channels and growth. Charles Dickens was great renowned writer. In his story “Hard Times” he showed how students reacted when a teacher taught them only about facts. The students were uncomfortable. This made the students thought that studying and learning is not an easy task. But education is all about making hard things easier. What is fact? Something that
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Drowning in debt? 5 steps to take Debt is a serious thing. The average American family has about $16‚000 worth of credit card debt‚ and that doesn’t include mortgages. Part of the reason for our rise in debt is that we always have to have the latest thing – be it technology‚ clothes‚ cars etc. The problem is that our desires grossly outweigh our paychecks. 1. Figure out how much debt you have It seems like a simple enough thing‚ but figure out how much debt you have. Some people know they’re in
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Restructuring Debt Part A Company A is in financial trouble. The company is reorganizing its processes and is looking to restructure its debt. Debt restructure is a mutual agreement between a financially troubled company and this company’s creditor‚ the bank. This process will reorganize the liabilities to prevent foreclosure or even asset liquidation (Business Dictionary‚ 2012). The liabilities under consideration for Company A are its capital lease obligations‚ notes outstanding liability
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Chapter 1: Sociological Stories and Key Concepts Culture: The symbolic and learned aspects of human society. Culture is not biological but‚ instead‚ is transmitted and shared via social interaction. Globalization: A social phenomenon characterized by the growing number of interconnections across the world. Rather than studying society in terms of various nation-states‚ sociologists today are concerned with multinational and global problems—especially in the face of increasing globalization. Whether
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Sociological Perspective Sandra Gallosa SOC 100 November 14‚ 2012 Peggy Maki-White Sociological Perspective As a group we decided to review the video clip “The Joy of Garbage” where several college campuses are now offering Liberal Arts courses such as “The Simpsons and Philosophy‚” “The History of Shopping‚” and “The Joy of Garbage.” These courses are being taught at major universities such as Cal State Berkeley‚ Yale‚ and Rutgers University. Universities are offering these popular courses
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AN ANALYSIS OF THE THREE SOCIOLOGICAL PERSPECTIVES This paper discusses three approaches that can be taken when studying Sociology. There are many subjects to be studied and discussed in the field of Sociology‚ and the approach chosen to study a particular subject is called a perspective. There are three different perspectives‚ and they are functionalist‚ conflict‚ and interactionist perspectives. This paper compares and contrasts these different perspectives with one another. Through
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The Sociological Perspective 1. The sociological perspective mainly shows specific event and surroundings that influences peoples lives. The base the word of sociology is social which deals with how people interact with others and other groups. Sociologists look at social locations that people are involved with because of where they are in society. Some things that are looked at by sociologists include jobs‚ income‚ race-ethnicity‚ education‚ gender‚ etc. Biography and history are important in
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Montessori believed that the imagination be encouraged through real experiences and not fantasy. She felt very strong that this powerful force was not wasted on fantasy. It was important to allow a child to develop their imagination from real information and real experiences. Montessori believed that young children were attracted to reality; they learn to enjoy it and use their own imaginations to create new situations in their own lives. They were just excited about hearing a simple story of a
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