all equity financed. The firm’s cost of equity the equals the WACC. As there are no taxes the firm’s WACC is independent of its capital structure and remains at 12%. WACC (post-transaction) = 12% = rE‚U * 1/1 => rE‚U = 12% b) (4 Points) In this case the debt-to-value ratio will increase to 0.5 (from 0.333 pre-transaction). If the debt remains riskless all the risk from
Premium Weighted average cost of capital Generally Accepted Accounting Principles Corporate finance
As international schools are registered as companies‚ the Ministry of Education has no authority to supervise them. By introducing legislative measure‚ the government can ensure that the private and international schools provide a quality service to the public while supporting the government objectives. Other countries has similar arrangements. For example‚ in UAE‚ education ministry has a separate unit that supervises international schools. Education inspectors visit
Premium Education Education Teacher
Corporate culture is the collective behaviour of people using common corporate vision‚ goals‚ shared values‚ beliefs‚ habits‚ working language‚ systems‚ and symbols. It is interwoven with processes‚ technologies‚ learning and significant events. In addition‚ different individuals bring to the workplace their own uniqueness‚ knowledge‚ and ethnic culture. So corporate culture encompasses moral‚ social‚ and behavioral norms of your organization based on the values‚ beliefs‚ attitudes‚ and priorities
Premium Organizational culture
1. Identification of Case Issues Mars chocolate is one of the worlds leading chocolate manufacturers and employs more than 13‚000 people across 110 sites worldwide. As market leaders in their industry‚ Mars is constantly in the spotlight. Being responsible in the way they conduct business is part of the reason they are in the highly regarded position that they are in today. The sourcing of cocoa however is currently one the greatest ethical dilemma’s facing not only Mars‚ but all chocolate companies
Premium Ethics Marketing Business ethics
Preliminary Draft - Comments Welcome CORPORATE SOCIAL RESPONSIBILITY: DOING WELL BY DOING GOOD?* RAY FISMAN GEOFFREY HEAL VINAY B. NAIR# Abstract We provide a framework for analyzing corporate social responsibility (CSR). Our model of CSR in this paper has two important ingredients – CSR is at least in part a profit motivated decision; and different CSR activities are aimed at different audiences. We examine the implications of our framework using a ‘visible’ CSR index that captures
Premium Corporate social responsibility Profit Firm
Subject: Corporate Finance (3 credits) Reference book: 1. Essentials of managerial Finance: Harcourt College 2000 2. Fundamentals of financial management: Mc Graw Hill 2007 Chapter 01: An overview of Finance What is finance? Finance is concerned with decisions about money (cash flows) Finance decisions deal with how money is raised and used Everything else being equal: * More vale is preferred to less * The sooner cash is received the more value it has * Less risky
Premium Corporate finance Financial ratio Cash flow
A discussion on company’s corporate governance statement. This statement sets out the key corporate governance principles adopted by the Directors in governing David Jones and reflects the corporate governance policies and procedures which applied during the year ended 28 July 2012. The corporate governance statement of David Jones is very specific and coherent. It provides the information very clearly and shows the detail that how their behaviors applies the Australian Securities Exchange requirement
Premium Corporate governance Management Stock market
current work-life balance of employees working at Heifer international Nepal? ii. What are the factors affecting the
Premium Scientific method Role Methodology
and retrofit facilities to accommodate their tenants’ newest recruiting tool. Tenants want to recreate their office space so that it’s more than just a place to work. In fact‚ they want to build an environment where individuals are immersed in the corporate culture and can interact with the company and fellow employees on a variety of levels. As a world leader in mobile phone technology‚ Nokia was faced with a daunting task when the company decided to significantly expand its New England operations
Premium Real estate Facility management
Corporate Misconduct T Ware Sr. ITT Tech Online BU222 – Business Law and Regulation Dr. Carrie A. O’Hare November 30‚ 2011 Corporate Misconduct What is and what is not ethical can be defined different ways by different people. What may be unethical to one person may not be so unethical to someone else. These values can depend of how someone was raised‚ the type of environment that they were accustomed to‚ and even how they carry themselves day to day. Ethics is simply defined as a set of
Premium Morality Ethics Pearson Education