young man named Robert Gillian spend the money worth a thousand dollars inherited from his late uncle‚ Septimus Gillian. The unique character of Robert Gillian is the reason why this story comes out to be captivating. Robert Gillian is not wise when it comes to spending of money. At the beginning of the story line‚ his late uncle’s lawyer‚ Lawyer Tolman had handed over one thousand dollars to Robert following his uncle’s will. Upon receiving the money‚ Tolman also informed Robert to give an account
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513 Interest Expenses 3‚587 3‚042 2‚324 1‚507 599 Interest * Tax rate 1255.45 1064.7 813.4 527.45 209.65 TV1999 = 10513 + (10513*1.02)/(10.56%-2% ) = $135.81 Million Vunlevered = Net present value of future operating cash flow = $ 110.9 million. The firm cost of debt: Rd = 9% + 1.5% = 10.5% V taxshield= Net present value of interest tax savings = $3 million Fair market value of the firm = 110.9+ 3 = $113.9 M Operating cash flow using management case projections: This case yields very high
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A Summary of the Essay “Caught in the Net” In the essay “Caught in the Net” Eva Tihanyi explains that people use the internet in different ways and not all to the “same extent” (111). She classifies people into three types of internet users: “dabblers‚ regulars‚ or addicts” (111). Tihanyi describes what attracts people to the Internet. She tells the reader how she uses the Internet every day. Eva Tinanyi shows from this description of her own personal use how the Internet is a way to obtain
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_______________ 1. What is the net present value of a project with the following cash flows if the discount rate is 14 percent? [pic] A. -$3‚140.43 B. -$929.90 C. $247.181 D. $1‚027.67 E. $1‚127.08 2. Timothy is considering an investment of $10‚000. This investment is supposedly going to provide him with cash inflows of $2‚500 in the first year and $6‚000 a year for the following 2 years. At a discount rate of zero percent this investment has a net present value (NPV) of _____
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Sport: Volleyball Skill: How to spike a volleyball Equipment: Volleyball and volleyball net Directions: 1. Stretch your arms and legs for 10-20 seconds each before starting. This will reduce your risk of pulling a muscle or injuring yourself. 2. Position yourself behind the 10-foot line (attack line)‚ which is the line that is about 4 feet away from the net. If you have long legs or take bigger steps‚ stand a little farther back. If you are left handed‚ you may want to spike on the right
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8. Year 0 Year 1 Year 2 Taxable income $9‚100 $10‚250 $15‚300 Marginal tax rate .30 .30 .30 Tax $2‚730 $3‚075 $4‚590 Revenue $13‚000 $16‚250 $23‚400 Expenses (4‚250) (8‚000) (8‚100) Tax cost (2‚730) (3‚075) (4‚590) Net cash flow $6‚020 $5‚175 $10‚710 Discount factor (6%) .943 .890 Present value $6‚020 $4‚880 $9‚532 NPV $20‚432 11. a. Year 0 Year 1 Year 2 Year 3 Year 4 Before-tax cash flow $(500‚000) $52‚500 $47‚500 $35‚500 $530‚500 Tax cost (7‚875)
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HKU178 op y 01/24/02 Japan Net Bank: Japan ’s First Internet-only Bank Yoshiyuki Miyai had a vision. He wanted to establish a completely new standard of banking in Japan – that of Internet-only banking. As president of Japan Net Bank (JNB)‚ the first Japanese online bank with no physical branches‚ Miyai emphasised that customer satisfaction should be the focus of JNB ’s business – his customers should enjoy convenient access to accounts‚ competitive rates‚ customisation and secure
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TCO B Questions 1. (TCO C) The following overhead data are for a department of a large company. Actual costs Static Incurred budget Activity level (in units) 800 750 Variable costs: Indirect materials $6‚850 $6‚600 Electricity $1‚312
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Having a dream. Putting in work. Achieving your goal. By doing these three things you will end up seeing success in your life. It does take time and dedication‚ but the outcome is really what counts. This is what Robert Frost‚ one of the best poets of the twentieth century‚ did to become a well known American poet. From back in the high school days he was one of those students who enjoyed writing‚ reading‚ and the sound of poetry. As the years went on‚ he worked very hard to be able to live and
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“In three words I can sum up everything I have learned in life: it goes on” (Editors of Brainy Quotes). Robert Frost was named after the general Robert E. Lee. When his father died from tuberculosis‚ it triggered his writing objective (Editors of Poets.org). Most of his poems were memorable (Editors of Poets.org). Such as The Road Not Taken and Fireflies in the Garden (Editors of Poets.org). Robert’s works range from love to hate‚ anxiety to audacity‚ and happiness to sadness (Shmoop Editorial Team
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