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    1) Calculate all of the ratios listed in the industry ratios table for East Coast Yachts. Industry Ratios Ratio Formula Values Answer Lower quartile Median Upper quartile Current ratio current assets/Current liabilities 51,123,050/50,584,750 1.01 0.86 1.51 1.97 Quick ratio current assets-Inventory/Current liabilities (51,123,050-20,149,650)/50,584,750 0.61 0.43 0.75 1.01 Total asset turnover sales/total assets 611,582,000/401,558,750 1.52 1.10 1.27 1.46 Inventory turnover cost of goods…

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    William White Professor Eckstein Public Financial Management August 10, 2015 Privatizing Lotteries - The Advantages and Disadvantages There are many advantages and disadvantages to Privatizing Lotteries. States such as Illinois, Indiana and New Jersey have all privatized their state lotteries. The funds that come from lotteries go towards no particular purpose. For example, the 21 states that participate in Powerball along with the District of Columbia will garner at least $114 million from…

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    As can be seen from the pie chart above, the revenue generated in 2013 by the Walt Disney Company is demonstrated. Media networks such as the broadcasting business still dominated, followed by the revenue from fixed assets such as Parks and Resorts. Studio entertainment segment created a share of revenue at 13%. It is the comprehensive inclusion of five segments of businesses driving the prosperity of the business. This is due to the fact that diversification sticks to the principle of ‘do not…

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    been in the business since 1983, in Texas. Wheeler Electrical has four individuals shareholders, Brian and Ashely Clay and their daughters Angela and Kristin, all of them possess the same numbers of share in wheeler’s incorporation qualified as §1244 stock. Angela purchased the 300 outstanding shares of the others for a nominal total price of $1,000 because the company is not doing well and they do not want to be part of it anymore. Angela’s basis in her 100 shares is $5,000. One of the…

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    Introduction The Objective of making any investment is maximizing income and minimizing expenses. Each individual in the stock market is therefore assumed to behave rationally when pursuing personal benefits. According to Obienugh, when faced with an investment opportunity, each investor in the stock exchange makes a calculated decision on whether to invest in a particular stock or how much to invest . All these decisions are influenced by different factors. The risk assessment is a very…

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    Acting as the judge in this case, we could not have possibly ruled in the favor of Check Investor’s. The Fair Debt Collection Practices Act (FDCPA), which Indiana uses in their own law, was created for a reason. That reason being to protect debtors from abusive collecting practices performed by debt collectors. Just because Check Investor’s found a thought-provoking and ingenious loophole in the code, our judicial system is set up in a way to fend off loopholes that infringe on the overall…

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    Robert Herjavec

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    Robert Herjavec was born on September 14, 1962 in Croatia (formerly Yugoslavia). His family left the country when he was eight to escape a communist regime. At the time, he spoke no English. They arrived in Halifax, Nova Scotia, and eventually settled in Toronto, Canada. Robert Herjavec graduated from the University of Toronto with a Bachelor’s in English literature. Robert Herjavec’s first business job was at a company called Logiquest. His first role there was sales, but he rose all the way…

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    Although the defined-contribution gives more flexibility to the manager to manipulate the expense and liability, it requires lots of long-term complex assumptions and it raises concern that the annual pension expense is not the same as the annual pension funding contribution. For instance, CAM has doubled the pension plan within a year. This raised doubts from the employees on whether or not CAM has an ability to meet the commitment, as well as, it negatively affected the solvency of the entity…

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    Ofra Sherman Case

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    Discussion Board # 3 Johan Rivera Liberty University The industry of pharmaceutics is a very competitive field. Moreover, corporate mergers and acquisition are a complex method to gain corporate advantage over it’s competitors. In this case the company Wellcome agreed to merger with a larger company, Glaxo. Promedico, an Israeli company was in charge of the distribution and medical registration of Wellcome. The department of marketing was under the management of Ofra Sherman and considerate it…

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    Blackfish Effect

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    The purpose of this report is: to analyze the most relevant effects of the film Blackfish to SeaWorld, how those effects have affected SeaWorld’s business, management, and shareholders, and finally, determine if SeaWorld’s response to the film is enough. Soon after Blackfish was released, the controversy started. Since the beginning, PETA has been one of the most persistent issues for SeaWorld; using different tactics and technology, PETA managed to reach thousands of people that rise against…

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