Case #33 California Pizza Kitchen Synopsis and Objectives This case examines the question of financial leverage at California Pizza Kitchen (CPK) in July 2007. With a highly profitable business and an aversion to debt‚ CPK management is considering a debt-financed stock buyback program. The case is intended to provide an introduction to the Modigliani-Miller capital structure irrelevance propositions and the concept of debt tax shields. With the background of a pizza company‚ the case provides
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California Sutter Health Sharon Bauer ACC 281 Christopher Stevens October 8‚ 2012 Imagine a business that could not properly handle its debts or collections. Now imagine that this same business never had real-time information to analyze‚ make important financial decisions‚ or could not set any benchmarks and received all information 30 days late. Do you think this business could survive? The answer is yes‚ in this paper we will discuss California Sutter Health which was in that situation
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the article “California: A place‚ A People‚ A Dream‚” James Rawls argues that the California dream consists of five main factors. These factors are Health‚ Romance‚ Opportunity and Success‚ Warmth and Sunshine‚ and Freedom. People come from all over the world to live this dream‚ which sometimes turns into a nightmare instead. Based on texts such as The Kite Runner‚ by Khaled Hosseini‚ The Republic of East L.A.‚ by Luis J. Rodriguez‚ California travel guides‚ and others‚ the California dream is perceived
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Recently‚ in the United States‚ there has been a major water shortage due to the lack of rainfall. It is mainly in California and other Western states. According to the U.S. Geological Survey‚ “In 119 years of recorded history‚ 2013 was the dries calendar year for the state of California.” California’s snowpack usually provides about one-third of the water used in Californian farms and cities. In January 2014‚ it measured in at 12%. The water shortage has had many effects of people‚ farming‚ and
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The Death Penalty in California Since 1872‚ California used the death penalty for capitol offenses. Execution methods for the death penalty range from hangings‚ to gas chambers‚ and lethal injections. California abandoned hanging as a execution method on May 1st 1942. They began to rely solely on gas chambers and lethal injections. However‚ on February 18th‚ 1972‚ the California Supreme Court declared the death penalty a form of cruel and unusual punishment in accordance with he 8th Amendment.
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threats which have existed or currently exist in Southern California and how these problems shape the way we live today and in the imminent future as well. Although Davis did not really provide us with any remedies for the problems facing Southern California‚ this book made it very clear to the readers that problems do still exist‚ although at times they may sound subtle in nature. Of the numerous problems which do exist in Southern California‚ I will discuss only a handful of the problems that Davis
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Baja California‚ Mexico Baja California is one of the 31 states in Mexico. It is both the northernmost and westernmost state of Mexico. But before becoming a state in 1953‚ the area was known as the North Territory of Baja California. It has an area of 70‚113 km2 (27‚071 sq mi)‚ or 3.57% of the land mass of Mexico and comprises the northern half of the Baja California peninsula. The state is bordered on the west by the Pacific Ocean‚ on the east by Sonora‚ the U.S. State of Arizona‚ and the Gulf
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and wells will come up dry. California is already having some of these effects (maybe). California has underwent a mandatory water rationing for cities in the state. Even though California is going through tough times right now‚ it won’t last forever. Rain and snow from the high Sierra will return sometime in the future. However‚ this drought will change California. Some people worry that this drought is the start of a megadrought caused by climate change. California has roughly one year of water
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11/29/2012 California vs. Texas California and Texas are two different states‚ but in many ways have some sorts of comparisons. In school we learn that Texas is one huge state filled with plenty of cities and can take half a day to drive out of. While in California there are plenty of cities as well‚ but at least half the size of Texas. Both states have many cool attractions‚ and very famous ones at that. When people visit these states you are guaranteed to have a fun time. California has very fun
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California Milk Advisory Board Real California Cheese The “Happy Cows” campaign has been so successful because it gives people the reassurance of where there cheese is coming from. By labeling products that use California Cheese‚ it gives the people of the images in their commercials of happy cows on rolling plains enjoying their life. Today many animals are caged‚ mistreated‚ and hormone injected‚ so the commercials used in the campaign help give people the image that these California cows
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