position itself to obtain a AAA rating. At AAA grade bond rating shows that AAA bond rating is higher in unused debt capacity so at AAA bonds rating Deluxe company has a lower unused debt capacity. So‚ that means if the shareholders start to sell‚ this company may not rebound since it is in a dying industry. The company will be an acquisition target by growing electronic payment companies because of the drops out of the premium ratings. For your information‚ for the level of flexibility is the
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Presidents of the Philippines PRESIDENT YEAR LEGACY FAMOUS TAGLINE Emilio Famy Aguinaldo January 23‚ 1899[ March 23‚ 1901[L 2] “this country will be great again” Manuel Luis Molina Quezon November 15‚ 1935 August 1‚ 1944[L 5] "Pro Patria et Jure: For Country and Law" Jose Paciano Garcia Laurel October 14‚ 1943 August 17‚ 1945[L 6] Sergio Suico Osmeña August 1‚ 1944 May 28‚ 1946 “immediate independence” Manuel Acuña Roxas May 28‚ 1946 - April 15‚ 1948 "Our noble aspirations for nationhood
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George W. Bush in 2002 called for a focus on reading and math and it also requires annual standardized test for children in the 3rd to 8th going on to high school‚ Barack Obama also agrees with it but wants schools to be more flexible on this approach. President Obama additionally wanted to improve early education and that the students should study important subjects such as science‚ technology engineering and mathematics because these would be useful in the future.The decisions that he makes on
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Made to order‚ E style 1. What was Dell’s original strategy? Dell’s strategy is to sell directly to customer and build computer thru customer’s own specifications‚ which they made a dominant share on the market on made-to-order PC’s. This strategy also encompasses customer service which they entailed an ordering system through phone. These steps made by Dell are to make the customer comfortable. 2. Why is Dell losing the competitive edge of its original strategy? As technology arises‚ a
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MODULE M6 Financial Management of Corporate Projects and Programmes Case: TARGET CORPORATION 1. Executive Summary Target corporation has a growth strategy of opening 100 new stores per year. Doug Scovanner‚ the CFO of Target Corporation is preparing for the November meeting of the Capital Expenditure Committee (CEC). He is one of the executive officers who are members of the CEC. With the fiscal year’s
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Chapter One Life Basics OVERVIEW The purpose of this chapter is to acquaint the student with personal and business uses of life insurance and methods of determining the appropriate amount of life insurance to purchase. It will also overview the classes of life insurance policies that exist‚ and the concept of third party ownership. Definitions Applicant – a person making application for himself/herself or another to be insured under an insurance contract. The applicant may be the insured
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Multinational Corporations (MNC’s) are an integral field of study in International Political Economy (IPE) due to its economical and political powers excered in the global market. An MNC is a cooperation that has a home base along with foreign locations abroad where they practice their productivity through foreign direct investment (FDI). there is a specific relation between the home and foreign locations of the cooperation; for example most MNC’s are home based in the United States‚ Japan or Europe
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application of the conditions. As discussed in paragraph 450-20-50-5‚ disclosure is preferable to accrual when a reasonable estimate of loss cannot be made. Further‚ even losses that are reasonably estimable shall not be accrued if it is not probable that an asset has been impaired or a liability has been incurred at the date of an entity’s financial statements because those losses relate to a future period rather than the current or a prior period. Attribution of a loss to events or activities of the current
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“Splash Corporation (A): Competing with the Big Brands” Problem: Splash Corporation (Splash) is a leading producer of skin care and hair care products in the Philippines. Founded in 1985‚ Splash was now the country’s leading domestic producer of personal care products and was billed as “the next Unilever” by BizNews Asia magazine (page 5). However‚ competing with the top corporations in the world was no easy task‚ especially when these companies were producing low-cost alternative products. Splash
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Petition to the President How much different would the world be if the United States would have used atomic bombs against Japan in World War II? The world will never know thanks to physicist and inventor Leó Szilárd. This essay will support Szilard’s views on the use of atomic weapons against Japan in WWII. It will do so by providing examples as well as evidence to support Szilard’s claims. The first supporting quote by Szialrd is‚ “We feel‚ however‚ that such an attack on
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