* Number of branches Major Cineplex has highest number of branches among their competitors so they can reach more customers. There are up to 43branches for Major Cineplex‚ 6 for EGV‚ 3 for IMAX‚ 2 for Esplanade Cineplex‚ 1 for Paradise Cineplex‚ and 1 for Paragon Cineplex. The more number of branches‚ screens‚ and seats‚ the more they can provide service to customers. * Location Major Cineplex Group located its product and service in the
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of the stool (Hecht‚ 2002). Recently‚ especially in light of the Enron scandal‚ the SEC ’s Chief Accountant has furnished guidance on what he considers helpful to the proper and effective functioning of an audit committee. An audit committee must have three important qualities (Hecht‚ 2002): (i) control of its agenda; (ii) exercise diligence; and (iii) the ability to ask the hard questions. Perhaps the most important function is that the audit committee diligently discharges its function to
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2. How credit ratings affect the capital structure of a firm Credit ratings is the assessment of the credit worthiness of a firm based on historyof borrowing and repayment. Credit rating is the credit worthiness of a debtor. The debtors ability to pay back the debt. Companies with high rating (AAA) have a good market reputation and logically would avoid not being in favor of more debt in capital structure to save them from any adverse circumstances. High credit ratings expose a firm to obtain
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on your current debt) is 12.1%‚ then your bond rate (the rate on your long-term debt) is: 1. 10.7% (14% lower than the current debt rate) 2. 12.1% (the current debt rate) 3. 13.5% (14% higher than the current debt rate) 4. 6.05% (one-half the current debt rate) 5. 12.0% (one tenth percent less than the current debt rate) 7. At the beginning of the simulation‚ how many many assembly lines are there? 1. One‚ shared by all companies 2. Five line per company 3. As many
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military doctor in Cuba. Months passed and a letter from Gov. Blanco arrived in Dapitan dated July 1‚ 1896 notifying him of the acceptance of his offer and at the same time to give Rizal a pass so that he could come to Manila where he would be given a safe-conduct to Spain and his medical opera- tions in Cuba. Great was Rizal’s joy in receiving the news from Malacanang that at last‚ he was free! once more to travel to Europe and then to Cuba. From this
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his students to "backflip" the world into something better. He does not expect much -- maybe a clean-up of some graffiti. But Trevor decides to do three important favors for people who need them. Then‚ instead of allowing them to pay it back‚ he will ask each of them to "pay it forward‚" doing three favors for other people‚ and asking them to do the same. One of Trevor’s favors is to bring his mom Arlene and Eugene together‚ though it turns out that it is not just to make them happier. Arlene and Eugene
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The national debt is increasing day by day‚ and the federal government is struggling to tackle it. As of now‚ the national debt has comprised to 18 trillion dollars. Americans and economists are concerned about the national debt‚ and the effect it will have in the country and even the world. As President George Washington once stated‚ “To contract new debt is not the way to pay old ones”‚ which is what seems to be happening recently. Debt needs to be addressed as a national issue along with the factors
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Ms. Henderson English 201 April 23‚ 2013 The Shackles of Student Debt? In this article‚ “A Lifetime of Student Debt‚” Robin Wilson interprets the different views on taking out loans for college students. The recent worry has been that taking out student loans are “threatening the financial future of today’s college students” (Wilson 256). However‚ recent studies has shown that one-third of college students will have no debt after their academic experience. College student nowadays are willing
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A. Debt Management Ratios (Leverage Ratios) The extent to which a firm uses debt financing‚ or financial leverage‚ has three important implications: 1. By raising funds through debt‚ stockholders can maintain control of a firm while limiting their investment 2. Creditors look to the equity‚ or owner-supplied funds‚ to provide a margin of safety‚ so the higher the proportion of the total capital that was provided by stockholders‚ the less the risk faced by creditors 3. If the firm earns more
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There are few types of directors a company may have. Managing director or chief executive officer is appointed in many companies. He is put in charge of managing the company’s daily business. A managing director may be conferred with any of the powers that the directors can exercise. He also performs a vital role in large companies because of the scale of the company’s business it is usually impractical for the board to actively carry out daily management and so it delegates its management function
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