calculation of cost of capital and they are: 1. It’s correct that she used WACC since the company is funded with both debt and equity. However‚ the proportion that she weighted is incorrect because she used the book value of equity to calculate. She should have used market value of equity to obtain the value of equity. 2. Cohen’s cost of debt is ridiculously low‚ 4.3%. That is even lower than the Treasury bill. The way she calculated was also strange (Divide interest expense by company’s average debt balance)
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Nike has been accused of using child labor in the production of its soccer balls and shoes for Nike in Pakistan. While Pakistan has laws against child labor‚ the government has taken very little action to terminate it. It is said that only a boycott by the United States and other nations will have any impact on child-based industries. In addition‚ the U.S constitution states that child labor is an illegal and inhumane practice and any U.S. company found guilty practicing and encouraging it will
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Mini Case: Nike’s Decision Nike‚ a U.S.-based company with a globally recognized brand name‚ manufactures athletic shoes in such Asian developing countries as China‚ Indonesia‚ and Vietnam using subcontractors‚ and sells the products in the U.S. and foreign markets. The company has no production facilities in the United States. In each of those Asian countries where Nike has production facilities‚ the rates of unemployment and underemployment are quite high. The wage rate is very low in those
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State University – Higher School of Economics International College of Economics and Finance English Language Essay “Does economic theory have practical value?” ____________________ Group 2‚ 2 course Moscow‚ 2013 Does economic theory have practical value? Much of the usefulness of economic theory can be found in its application to our personal economic life. That is to say‚ lurking behind such concepts as opportunity cost‚ present value‚ supply
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Abstract Our research paper describes the organizational culture of the gaming industry giant: Nintendo. By providing a brief background of Nintendo’s uprising into the video game era‚ we examine their corporate culture‚ and general theory of action‚ to identify how this company has reached its status and how its culture has affected the job performance and commitment of its employees. In order to better understand the cultural components of Nintendo we viewed the official Nintendo Website‚ online
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Unit 1: Introduction to Biochemistry Lesson 1-4: Key Question How many electrons does Mg2+ have? (1 mark) Mg2+ has 10 electrons. A magnesium atom has 12 electrons with 2 of the 12 being valence electrons. Therefore the atom will lose the valence electrons which are located on the outermost shell to stabilize itself (outermost shell) as atoms tend to do what it easiest. Since magnesium lost 2 electrons it becomes positive as it is giving away electrons to stabilize other atoms. Hence magnesium
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ultimately greater battle: the battle of free will versus determinism. Free will is the ability for a human being to make decisions as to what life he or she would like to lead and have the freedom to live according to their own means and choose their own destiny.
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Do you think the criticism of Nike is fair‚ considering that the host countries are in dire needs of creating jobs?Yes and no. In a pure capitalist economic system employers will seek to pay workers as little in cash and benefits as possible and will locate his plant in the location that incurs the least cost. That being said there is a certain moral consideration to pay a wage that allows the worker to reasonably support themselves and their dependents. Lastly you should consider Henry Ford’s Famous
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Education For All What does education have to do with curing increasing poverty? Education is not about how well you do at school. It is a mean to explore the fast passed world around us. An educated person can differentiate among right and wrong. It is the foremost obligation of a society to edify its residents. Educating woman can be an asset to the society as educating them can bring about a lot of difference in the society as a whole. It is the illiterate people who take away the right of education
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(LAW AND ORDER) REMEMBER YOUR AGE BEFORE DRINKING ALCOHOL WANNA CONSUME ALCOHOL: HAVE YOU CHECKED YOUR OWN AGE AND IS THERE A PERMIT WITH YOU? PICTURE COURTESY-http://www.rightstep.com/images/blogpics/medical-supervision.jpg Drinking’ is a term which can be used by common people in different ways i.e. drinking water‚ drinking medicines‚ drinking alcohol. Each word that is associated with drinking has an issue attached to itself and these issues can easily be identified
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