Supreme Court of the Philippines The Supreme Court of the Philippines (Filipino: Kataas-taasang Hukuman ng Pilipinas) is the country’s highest judicial court‚ as well as the court of last resort. The court consists of 14 Associate Justices and 1 Chief Justice. Pursuant to the Constitution‚ the Supreme Court has "administrative supervision over all courts and the personnel thereof".[1] The Supreme Court complex occupies the corner of Padre Faura Street and Taft Avenue in Manila‚ with the main building
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Republic of the Philippines SUPREME COURT Manila EN BANC G.R. No. L-13954 August 12‚ 1959 GENARO GERONA‚ ET AL.‚ petitioners-appellants‚ vs. THE HONORABLE SECRETARY OF EDUCATION‚ ET AL.‚ respondents-appellees. K.V. Felon and Hayed C. Cavington for appellant. Office of the Solicitor General Edilberto Barot and Solicitor Conrado T. Limcaoco for appellees. MONTEMAYOR‚ J.: Petitioners are appealing the decision of the Court of First Instance of Masbate dismissing their complaint
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specifically for this text that supplements this case. 1. Hard Rock’s 10 Decisions: This is early in the course to dis- cuss these in depth‚ but still a good time to get the students engaged in the 10 OM decisions around which the text is structured. Product design: Hard Rock’s tangible product is food and like any tangible product it must be designed‚ tested‚ and “costed out.” The intangible product includes the music‚ memorabilia‚ and service. Quality: The case mentions the quality survey as an overt
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present of future cash flow discounted with the weighted average cost of capital (WACC) minus debt. As we don’t have access to data’s in the case‚ we will presume data’s based on research. Future cash flows: $1850 million (cash flow received in 2004) * 562‚ 5% of average estimated future cash flow per year (based on the evolution of the cash flow between 2002 and 2004) = $10.406 million of future cash flow in 2005. WACC: 6‚01% ( we assume this figure based on a company research of Harbin Brewery
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The case study‚ “Beijing EAPS Consulting‚ Inc.” in the Custom Book‚ (2011)‚ examines the project management structure of the Beijing EAPS Consulting (BEC) company. This case study also addressesabout project plan itself and how the co-workers are struggling with this communication between bothmangers. This project plan has demonstrated many strengths and weakness. The one thing that theproject plan needs put into action is safeguards to insure that the project is completed on time.BEC has taken
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2. Describe the training process. What are the different training and development techniques used by firms? Answer:- Training: In HRM training usually refers to teaching operational or technical employees how to do the job for which they were hired. Development: Development refers to teaching managers and professionals the skills needed for both present and future jobs. Training process : - Types of management training for employees can fall under a number of primary categories. Well-planned
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G.R. No. 118295 May 2‚ 1997 WIGBERTO E. TAÑADA and ANNA DOMINIQUE COSETENG‚ as members of the Philippine Senate and as taxpayers; GREGORIO ANDOLANA and JOKER ARROYO as members of the House of Representatives and as taxpayers; NICANOR P. PERLAS and HORACIO R. MORALES‚ both as taxpayers; CIVIL LIBERTIES UNION‚ NATIONAL ECONOMIC PROTECTIONISM ASSOCIATION‚ CENTER FOR ALTERNATIVE DEVELOPMENT INITIATIVES‚ LIKAS-KAYANG KAUNLARAN FOUNDATION‚ INC.‚ PHILIPPINE RURAL RECONSTRUCTION MOVEMENT‚ DEMOKRATIKONG
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QUESTION 1 Are the four components of Marriott´s financial strategy consistent with its growth objective? With regards to the overall strategy of primarily being a premier growth company‚ we analyze the 4 components as follows: 1. Manage rather than own hotel assets • Marriott developed the projects‚ established long term management contracts consisting of 3% of revenues and 20% of the profits. The assets were then sold to partners. Not owning hotels provided Marriot with greater liquidity
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What is the weighted average cost of capital (WACC) for Marriott Corporation? WACC = (1 - τ)rD(D/V) + rE(E/V) D = market value of debt E = market value of equity V = value of the firm = D + E rD = pretax cost of debt rE = after tax cost of debt τ = tax rate = 175.9/398.9 = 44% Cost of Equity Target debt ratio is 60%; actual is 41% [Exhibit 1] βs = 1.11 βu = βs / (1 + (1 – τ) D/E) = 1.11/(1 + (1 – .44) (.41)) = 0.80 Using the target debt ratio of 60%: βTs = βu (1 + (1 – τ) D/E)
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By: Sean Baeyens Taylor Zuccolotto Mengyu Zhu Larry Hu Mohamed Alloo 1.a) To value Spyder Active Sports Inc.‚ we decided to use the WACC method since we can easily value its cost of assets with the data immediately available to us in the case. We first unlevered the beta’s of 7 comparable companies and took the average to get a comparable unlevered beta for Spyder (Exhibit 1). Since we are assuming Spyder is entirely equity financed‚
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