HBR Case #1 Marriott Corporation: The Cost of Capital Group 16—Tutorial Mon 11:30am Group members LIU Ying‚ Chloe | 1155019350 | LUO Yingying‚ Irika | 1155020931 | TIAN Tian‚ Sarah | 1155019114 | WU Jiajie‚ Jesse | 1155019061 | 17 September 2012 Executive Summary By 1987‚ Marriott Corporation had grown into a large multi-dimensional company with over $5 billion assets in lodging‚ contract services and restaurants. The company enjoyed fast growth in both sales and assets at around
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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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knew being an officer was for me. To me‚ being an officer in the U.S. Army is a career unlike any other. There are many opportunities as an officer in the Army to advance‚ further education‚ and grow as a person. The army allows you to switch your MOS and attend more training to further education or to change careers completely which is something that really appeals to me. An officer is the army is looked up to and highly regarded‚ but it doesn’t come easy. To become an Army officer‚ it takes time
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The Chief Information Officer Roles regarding Strategic Planning‚ Disaster Recovery‚ & Risk Management [pic] Chris Wyllie CIS 423 Dr. Ellis Chief Information Officer The Chief Information Officer (CIO) position was officially established by the Clinger-Cohen Act of 1969. From this piece of legislation‚ the CIO was given its official duties and responsibilities. They include Provision/Assistance to Senior Executives on IT Acquisition and Management
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Why I want to be an Army Officer When I first enlisted‚ I did not know where my military career would take me. Back at that time‚ I thought that I may only complete my initial enlistment and move on to other professional pursuits. However‚ over the past nine years I have come to embrace all that the United States military stands for. I believe that service as an Army officer is a distinguished honor that is surrounded with a rich history of all who have served and sacrificed before me. The
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those who accurately reflect the society as a whole. A recognized leader in this effort is Marriott International. Marriott has a top down approach to workplace diversity that has been a recipe for success from its beginning through is 84 year history up until today. Marriott has is a world leader in hotels and diversity and that be expressed in this paper. Diversity in the workplace in practice‚ Marriott International Diversity is an important aspect in today’s workplace in order for the best
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important competency to possess is interpersonal communication skills. Court Officers need to have the ability to deescalate a situation by effectively communicating with the people who use the court. Other than adoption‚ generally people are not happy about coming to court‚ they may be frustrated and not understand procedure therefore‚ you must be able to communicate and connect with them in order to calm them. Court Officers must also speak effectively with coworkers‚ including other law enforcement
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with the beginning of the studied text “One flew over the Cuckoo’s nest with the analysis of Chief Bromden. Secondly I will analyze the physical and mental behavior of the Chief through out the studied text. The same analytical structure will succeed for the Protagonist Sheila Birling in the studied text “An Inspector calls” by John Boynton Priestley. At the beginning of the studied text‚ the Chief hallucinates the fog machine and Air Raids‚ which represent his mental instability. The mental
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State (past chief Name Party[a] ministers) Andhra Pradesh N. Chandrababu (list) Naidu Telugu Desam Party Arunachal Pradesh Nabam Tuki Indian National Congress Tarun Gogoi Indian National Congress Jitan Ram Manjhi Janata Dal (United) Raman Singh Bharatiya Janata Party (list) Assam (list) Bihar (list) Chhattisgarh (list) Delhi[b] Vacant[c] (list) (President’s rule) Goa N/A Laxmikant Parsekar Bharatiya Janata Party Anandiben Patel Bharatiya Janata Party Manohar Lal Khattar
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Chief sunrise‚ John Mcgraw‚ And Me By Timothy Tocher Book Report By: Yuvi Narang Catalog Entries Chief Sunrise‚ John McGraw‚ and Me By: Timothy Tocher Book Report By: Yuvi Narang PLOT SUMMARY 15 year old Hank Cobb meets Chief Sunrise “the greatest Indian baseball player on a baseball diamond. Chief Sunrise is trying to meet John McGraw‚ (the manager of the New York Giants) so he could play with the Giants. Then Hank decided he would come with Chief Sunrise
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