financial analysis of Myer. This report will analyze the forecast‚ valuation and application of Myer‚ including forecasting the major data‚ valuating share price under four model and discussing the opportunity and challenge of Myer. 1. Forecast sales growth rate As one of the most important indicators‚ sales can reflect directly Myer’s financial performance and influence other indicators. Therefore‚ the forecast of sales growth rate is the foundation for forecasting Myer. Based on the previous
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Business Law & Taxation EASY ROUND 1. Which of the following individuals shall not be subject to the income tax under Section 24 (A)? |D |a. |Individual citizen of the Philippines residing therein; | | |b. |Individual citizen of the Philippines who residing outside the Philippines including overseas contract workers; | | |c. |Individual alien who is a resident of
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Commercial Code (UCC) Article 2‚ unless omitted or changed‚ the sale of any goods suggests a warranty by the seller that the goods are of reasonable and average quality. Also that it is fit for the ordinary purposes that the goods are to be used. In this case‚ because the car dealer has omitted personal injuries caused by the car‚ from the warranty provided to Raymond‚ the car dealer would be able to enforce the disclaimer against Raymond Smith. But since Raymond was simply driving the vehicle under ordinary
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CHS260 Midterm The First Amendment states‚ “Congress shall make no law respecting an establishment of religion‚ or prohibiting the free exercise thereof; or abridging the freedom of speech‚ or of the press; or the right of the people peaceably to assemble‚ and to petition the Government for a redress of grievances.” Part One: Based on the Shenck case‚ Congress can limit language that poses clear and present danger. “Clear and present danger” is defined as proximity and degree. Since the magazine
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To tax (from the Latin taxo; "I estimate") is to impose a financial charge or other levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay is punishable by law. Taxes are also imposed by many administrative divisions. Taxes consist of direct tax or indirect tax‚ and may be paid in money or as its labour equivalent (often but not always unpaid labour). A tax may be defined as a "pecuniary burden laid upon individuals or property
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Introduction During the 1990’s baseball was facing some of the most monumental challenges ever “The realignment issue and its impact on the Chicago Cubs were still in litigation. National television revenues‚ which had been growing by leaps and bounds‚ were poised to take a severe dip (as it turned out the next year‚ by more than 50 percent). Attendance at games fell by 1.6 percent in 1992‚ with eighteen of the twenty-eight teams experiencing drops. A 1992 Gallup survey showed that MLB now lagged
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CHAPTER 1--AN INTRODUCTION TO TAXATION AND UNDERSTANDING THE FEDERAL TAX LAWCHAPTER 1--AN INTRODUCTION TO TAXATION AND UNDERSTANDING THE FEDERAL TAX LAW Student: ___________________________________________________________________________ 1. The ratification of the Sixteenth Amendment to the U.S. Constitution was necessary to validate the Federal income tax on corporations. True False 2. Before the Sixteenth Amendment to the Constitution was ratified‚ there was no valid Federal income tax
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Progressive taxation rates are unethical and need to be changed. The media likes to say the rich need to pay their fair share and I will show that if everyone paid the same percentage of their income without all the loopholes the current tax system has the government would be better off. This is an ethical issue that needs to be addressed by our current and future leaders to help eliminate the extraordinary amount of debt our country currently has to reimburse. Utilitarianism is that an action
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The 1860’s-1900’s was known as the Second Industrial revolution. Industrialization boomed during this time‚ and new industries such as steel‚ petroleum‚ and electricity were extremely successful. However‚ this industrial boom came at a price. The bulk of the Labor force included many new immigrants‚ particularly the poorest. Some were migrating from a farm to the city. Others even came from other countries. They came to the urban areas‚ hopeful for a job and good pay. Many did not get that chance
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The First and Second Amendment When the Constitution was written‚ it was not the intent of the authors to assure human rights to its citizenry‚ it was written in order to set up a federal government that would allow the United States to be a self-governing entity‚ and to put in place a system of government that would serve the citizens of the country in the way that they saw fit. After the ratification of the Constitution in 1787‚ “people soon began to notice that it did not list many of
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