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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I am Ralph Waldo Emerson. I am an essayist‚ poet‚ preacher‚ and philosopher. As a chief spokesman for Transcendentalism‚ I have become known for challenging traditional thought.[1] I followed in my father’s footsteps and became a minister at 26‚ but I soon abandoned the ministry after my wife died.1 I traveled to England soon after where I met William Wordsworth‚ Thomas Carlyle‚ and Samuel Coleridge. These men inspired me with their philosophical knowledge and my Transcendentalist faith grew from
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Case Study: Hill County Snack Food Co. 1.1 How much business risk does Hill County face? Hill County operates in a very competitive market where new potential entrants can be a threat to its operation either through lower price offering or lower production cost. Competition from peer companies has significant effect on its operation‚ because Hill County is price taker in the market‚ that is‚ increase in prices is not one of the choices it can implement. Also‚ due to the fact that its profitability
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Ralph Waldo Emerson’s thoughts as relayed in The American Scholar and Self-Reliance could be seen to expand upon some of the ideas of enlightened thinkers Thomas Jefferson and Benjamin Franklin in creating his declaration of intellectual independence. Benjamin Franklin’s work encompassed ideas that pertained to the individual’s enrichment in life and Ralph Waldo Emerson expanded Franklin’s ideas to focus on individual intellectual thought. Benjamin Franklin moved away from the rigid‚ systematic Puritan
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To: County Newspaper From: Amber Vlaminck Date: October 5‚ 2012 Subject: Hamilton County Judges Introduction In this analytical Report we will be analyzing and evaluating the performance of judges of Hamilton County‚ based on the amount of cases that were appealed. We will be counting appealed cases as mistakes that have been committed by the judges. In this report‚ will we go through and determine which judges in the county are making too many mistakes. 1. The probability of a case in
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them up while they’re on the verge of coming out of prison and migrating back to society. In these two Essex County and Cook County offer education and try to find jobs so the offender does not have to reoffend seeing that there’s a high recidivism rate they try to cut that down by offering opportunities to give each person a new life.
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The sonoma county court system uses diversion services for its first time juvenile offenders for certain crimes. This diversion program starts before any trial begins and after the case is analyzed to see if it qualifies. These are a lot of drug and theft cases that juveniles in the community are guilty of. The court hands the defendants to the Probation Department. The offender has multiple factors that must be included to qualify for the program. If the individual does qualify they are put on
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Shelby County v. Holder 570 U.S. __ (2013) was a United States Supreme Court case concerning Section 5 and Section 4 of The Voting Rights Act of 1965. Section 5 forbids any state or district‚ that is an eligible voter discrimination area‚ from making any changes to their election process without federal permission. Section 4 labels a state or district as eligible if said state or district had a literacy test or any other unfair device in place as of November 1‚ 1964. Section 4 also clarifies how
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SYNOPSIS: At approximately 1200 hours‚ on February 5‚ 2016‚ I‚ Cpl. Lessane‚ responded to 1882 Millpond Road‚ in the Varnville area of Hampton County‚ to meet with Shandria Whitney‚ regarding harassment telephone calls. Ms. Whitney received several threatening harassment telephone calls within the past few days from several subjects out of Allendale County. Subjects refused to stop calling the complainant cellular phone after several requests. Subjects made several threats which placed the complainant
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Health Nursing Community Assessment for Lake County Community Description and Data Interpretation Lake County‚ Illinois is located on the shore of Lake Michigan and borders the state of Wisconsin‚ sitting in the northeast corner of the state of Illinois. Established March 1‚ 1839‚ Lake County consists of fifty-three villages‚ cities and townships. I have lived in Vernon Hills‚ one of the villages located in Lake County since 2005. Lake County is considered part of the Chicago‚ Illinois metropolitan
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