Harvard Business School 9-289-047 Rev. April 1‚ 1998 Marriott Corporation: The Cost of Capital (Abridged) In April 1988‚ Dan Cohrs‚ vice president of project finance at the Marriott Corporation‚ was preparing his annual recommendations for the hurdle rates at each of the firm’s three divisions.部门 要求报酬率 Investment projects at Marriott were selected by discounting the appropriate cash flows by the appropriate hurdle rate for each division. In 1987‚ Marriott’s sales grew by 24% and its return on equity
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Cited: State Street Corp. to Pay $300 Million in Subprime Mortgage Case. (2010‚ February 4). Retrieved April 2‚ 2013‚ from Business-Ethics.com: http://business-ethics.com/2010/02/04/1331-state-street-corporation-to-pay-300-million-subprime-morgtage-cas/ Code of Ethics for Senior Financial Officers. (2013‚ February 1). Retrieved April 4‚ 2013‚ from StateStreet.com: http://phx.corporate-ir
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SURVIVAL OF THE MARINE CORPS The Marine Corps historical characteristics after the Civil War could be based in part on survivability and the need for the Marine Corps to prove its worth to the United States as a Military Force. The Marine Corps part in the Civil War had been small and not altogether impressive. Both the Army and the Navy did not regard the Marine Corps as useful. This paper will in effect touch on the Marine Corps history from after the Civil War to World War I. It will then
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TARGET CORPORATION Introduction The Target Bulls-eye logo has become instantly recognizable and synonymous with high quality and style at affordable prices. From its origins in 1902 as The Dayton Dry Goods Company in Minneapolis‚ Minnesota to the opening of the first Target store in 1962 in Roseville‚ Minnesota‚ Target Corporation has grown into one of top five retailers in the United States today with over 1‚600 stores and 350‚000 employees. Total revenues and net earnings for 2008 reached
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Strategy AES distinguishes itself through developing new products and applications at a low cost. It is committed to social responsibility and empowering its employees through its four main principles which include integrity‚ fairness‚ social responsibility and fun. It is "different" from other corporations because AES is focused on retaining its core values and culture as the corporation expands in size. The company ’s sources of sustainable competitive advantage include technical leadership
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TIME VALUE OF MONEY 1. You invested $1‚000 at 4% compounded annually. How much interest was earned in year 5? 2. Gianni invested $10‚000 at a rate of 6% compounded annually. How long will it take for the investment to grow to $40‚000 3. What is the present value of an income stream which has a negative flow of $100 per year for each of the next 3 years‚ and a positive flow of $300 per year in years 4 through 7‚ if the appropriate discount rate is 10%? BONDS 1. The current
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1. Prioritizing the issues that Butterfly needs to deal with are‚ that in Puerto Rico suppliers mistreat their workers‚ retailers in some countries were diluting the products and selling them as full strength‚ some plant employees were suffering pay cuts while others were not. Employees that have worked at Butterfly for many years were having their hours cut to 36-hour workweeks‚ losing their full-time benefits. There are also political alliances being formed among marketing‚ finance‚ manufacturing
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1. What are the missions of CERs and the capital budgeting process at Stryker? Mission: Standardize and formalize the capital budgeting process. The CERs and capital budgeting process were implemented so that a more formal process of requesting capital expenditure and approving them would be applied. All this was put in place to support cash flow targets and maintain Stryker’s 20% growth benchmark. To what extent have they been shaped by elements of corporate finance theory? They are heavily
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Re: Petition for Radio and Television Coverage of the Multiple Murder Cases Against Maguindanao Governor Zaldy Ampatuan Facts:Almost a year after the Maguindanao Massacre‚ the National Union of Journalists of the Philippines‚ broadcasting networks‚ and the relatives of the victims‚ filed a petition before the Court‚ praying that live television and radio coverage of the trial in the criminal cases be allowed‚ and that recording devices (e.g.‚ still cameras‚ tape recorders) be permitted inside
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Titanic is James Cameron’s two hundred million dollar film portraying the real tragic voyage of the Titanic passenger liner as it sunk in the North Atlantic ocean during the April of 1912. The film is one hundred and ninety four minutes long which- fascinating factoid- is longer than the journey of the Titanic. Oh the bitter irony. You have to admit‚ Cameron is pretty gutsy to just assume people will watch his three-hour movie despite knowing EXACTLY what happens in the end. If you don’t know then
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