company started its online DVD rental business by launching Netflix.com‚ offering pay-perDVD rental services by delivering DVDs via mail. As the company prospered during late 1999‚ NetFlix replaced its pay-per-DVD revenue model with a fixed monthly fee system that allowed customers to rent up to 4 DVDs per month with no due dates or late fees. In February 2000‚ it launched a new plan‚ where‚ with a monthly fee of $19.95 instead of its previous $15.95‚ subscribers were able to have up to 4 DVDs in their
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What kind of school did you go to as a child? o Did you go to a co-educational school? o What was your favourite subject as a child? o Who was your favourite teacher? o What is the education system like in your country? o Do you think your country has an effective education system? STUDIES • What are you studying now? • What is your area of specialization? HOMETOWN o Describe your hometown. o What’s special about it? o Where is your hometown located? o Is it easy
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pertains to the analysis of the companies Pfizer Inc and Sanofi S.A. Pfizer Inc is a major player in the global pharmaceutical industry and is driven by the vision of improving the life and health of the consumers through innovative discoveries and solutions. The company is diversified geographically and the global healthcare portfolio comprises of human as well as animal biologic & vaccines and small molecule medicines along with a broad range of nutritional products. It also markets several of
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Homework 1 1. (1pt) Convert the hexadecimal number 9D7A4 to base 7 5324356 2. (1.5pts) Logic and Gate 1) Draw a table of negative implementation for AND gate A H L H L B H H L L AND H H H L 2) Draw a table of positive logic implementation for OR gate A L L H H B L H L H OR L H H H 3) Are 1) and 2) are equivalent? Yes‚ they are equivalent. 3. (3.5pts) consider the logic gate circuit shown below 1) Derive a Boolean equation for the output X
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Problem Set # 3 Solutions Chapter 7 #2 a) The production function in the Solow growth model is Y = f(K‚L)‚ or expressed in terms of output per worker‚ y = f(k). If a war reduces the labor force through casualties‚ the L falls but Capital-labor ratio k = K/L rises. The production function tells us that total output falls because there are fewer workers. Output per worker increases‚ however‚ since each worker has more capital. b) The reduction in the labor force means that the capital stock
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EXERCISE 4–8 Process Costing Journal Entries [LO1] Schneider Brot is a bread-baking company located in Aachen‚ Germany‚ near the Dutch border. The company uses a process costing system for its single product—a popular pumpernickel bread. Schneider Brot has two processing departments—Mixing and Baking. The T-accounts below show the flow of costs through the two departments in April (all amounts are in the currency euros): Required: Prepare journal entries showing the flow of costs through the
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I | This House Believes That newly democratized Arab nations should not allow religious parties to participate in election | | Proposition | Opposition | | 1. Threat to national unity 2. Lead to communal politics 3. Promote religious quest for political dominance 4. the motive of democracy may not be followed because the religious parties might influence the people of their religion 5. this can also led to broadening of gaps between people of different religion 6. in competition
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predictability to any field and is based on three steps.. 1) Describing phenomenon which is expected to be understood 2) Classification of phenomenon into categories 3) Role of researchers in articulating a theory that asserts what causes the phenomenon to occur and why. A new growth business needs predictable success to become successful disruptor than disruptee by aligning every critical process and decision to fit into the disruptive circumstance. CHAPTER TWO HOW CAN WE
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Appendix I C1: Equity = Stock Price x Number of Shares Outstanding = $42.09 X 271.5 = $11‚427.435 million C2: Using Adjusted Beta formula: Adjusted Beta = 0.67* historical Beta + 0.33 = 0.67* 0.69 +0.33=0.79 C3: Using CAPM formula: KE = Krf + ß (Km-Krf) = 3.59%+0.79*6.7%=8.89% C4: Using rearranged DGM formula: KE =D1/P0 +g= 0.48(1+5.5%)/42.09 +5.5%=6.7% C5: Using redeemable bond formula: KD: 95.6= 100/ (1+KD/2)40 + 3.375(1-0.38)/(1+KD/2)n KD=4.52% C6: Using WACC formula: Rwacc =4.52*10.19% + 8
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account balance. Some investors were worried that Chemalite was loosing money (not making a profit) because the bank account balance was steadily falling. While a positive net income tells us this is not true‚ the falling bank account balance is still cause for some concern and needs to be
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