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    1. State the Miller Modigliani (MM) dividend irrelevance proposition Modigliani and Miller (MM) proposed that in an ideally simple and perfect capital market, shareholders are indifferent between dividend and capital gains, and the value of a company is determined solely by the earning power of its assets and investments. Focuses more on firm value but not on firm risk. MM argued that if a company with investment opportunities decides to pay dividend, so that retained earnings are insufficient…

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    Budgeting is the process of creating a plan of how to spend the money. A budget is an estimate of revenue, cost, and resources over given stipulated period of time (Lee, 2012). In other terms, a budget is a tool for deciding on which activities to be undertaken in future. The major common types of the budget include the sale budget, financial budget, operation budget, and master budget (Kelly, 2015). For the case of Barney and Co, the decrease in sales can be salvaged through decreasing the…

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    Nt1420 Unit 8

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    Complete the following problems. 1. Write C++ statements to do the following: a. Declare an array alpha of 15 components of type int. int[] alpha = new int[15]; b. Output the value of the 10th component of the alpha array. System.out.println(alpha[10]); c. Set the value of the 5th component of the alpha array to 35. alpha[4]=35 d. Set the value of the 9th component of the alpha array to the sum of the 6th and 13th components of the alpha array. Alpha[8]=(6*13) e. Set the value of the 4th…

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    Let’s say that we have calculated effectiveness (assuming PD=0,8; PA=0,9; PI=0,6; PN=0,4) and it equals to 0,8 x 0,9 x 0,6 x 0,4 =0,1728. Remember, the conditional risk formula? Assuming again, that probability of attack and relative consequences both equal 1,0, conditional risk R= 1,0 x (1 – 0,1728) x 1,0 = 0,8272 ( or we can say that the risk equals 83% if rounded). Is it a lot? It depends on conversion table we will use to present numerical value as adjectival. And what it is mean? For…

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    The companies sector is industrial goods and produces and sells farm and construction machinery. The three ratios that I believe are important in determining a company’s financial situation are the quick ratio, the inventory turnover ratio, and the net profit margin ratio. To find the quick ratio, we add cash, cash equivalents, short term investments and current receivables and divide them by the current liabilities. I found that the quick ratio is 1.86, we use this to find the companies…

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    I would consolidate the PE and EL depots, as the cost of running a warehouse is less than the transportation cost to deliver directly to the EL depot from PE. I would also do a centre of gravity exercise to ensure that all the depots are in the correct area. I would decrease the level of stock holding from 8 weeks to 4 weeks, and place orders more frequently. The transportation cost to deliver to the EL customers would be less than the cost to run an entire warehouse and separate fleet. If…

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    12 Lead Ecg Analysis

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    The 12-lead ECG gives reading from 1 different electrical placements around the heart. The way that this works is each of the 12 signals are supposed to identify electrical activity from the heart's muscle. This however is not easy, it will take dedication and long hours before you are able to interpret the 12-lead ECG, but once done correctly you will be able to read these signals and therefore translate them. When approaching the 12 lead ECG, there are a few things that you must know. The last…

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    Patents are defined as exclusive rights granted by a government to an assignee or inventor for a certain period of time, up to 20 years, that means, the patent gives one the right to prevent others from benefiting from the invention in a commercial way, for instance, selling, using, and importing for a fixed period. But at the same time it is not a right to make, sell and use anything by the inventor (WIPO, 2008). In pharmaceutical applications, the patent must include details about the…

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    Welders Good Compensation

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    Welder Receives Good Compensation For Building Tasks Welders manage and preserve the engines that manufacture and fix metal configurations, tools and apparatus. Welders are eligible for positions in a range of fields derived from their proficiency level and experience. As well as shipbuilding, automotive, structure and industrialized business. Numerous welders achieve a postsecondary working out curriculum. They may also partake on-the-job training. Various companies choose to employ…

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    The subject is a one story home built in 1950 in the Fairfax Station subdivision in Fairfax. It is vinyl with stone exterior wall, Average + 10 grade home sited on a 1.7022 acre lot. The appellant filed on the basis of error in property description, submitting three comparable homes to illustrate that the subject is undervalued compared to similar homes in the neighborhood. The appellant claimed that the subject property is unique (Custom) home and requested an increase in its current assessed…

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